The Increasingly Competitive Online MBA Alternative
For busy career professionals who can’t afford to take time off of work or who travel or live away from a world-class university, an Online MBA program is a viable option. The latest programs offer incredible flexibility, rigorous curriculum, and a very comparable experience to an in-person MBA.
So, it should be no surprise that the online MBA is growing in popularity exponentially.
To better understand the landscape of the online MBA and to follow up on our first piece, The Online MBA: Which Programs Matter?, we reached back out to USC Marshall, UNC Kenan-Flagler, Michigan Ross, Indiana Kelley, and CMU Tepper. They allowed us to pick their collective brains even further to unravel the mystery around the online MBA.
The Evolution of the Online MBA
Just a few years ago, it seems, earning an MBA online was not considered a valid option. After all, what employer would take an online MBA seriously? It was only for those students who wanted an “easy” degree and didn’t want to go through the effort of a “real” full-time MBA program.
In 2011 when UNC Kenan-Flagler launched their online MBA program with 19 students, The Wall Street Journal wrote, “UNC Makes Risky Online Bet.” But times have changed, and so has the landscape of the MBA. While the full-time MBA isn’t going anywhere anytime soon, it does have some solid competition.
“Today that so-called ‘risky bet’ has yielded almost 2,000 graduates who are thriving in their careers and deeply connected to the UNC Kenan-Flagler community,” explains Kenan-Flagler Dean Douglas A. Shackelford.
An online MBA is not only a respectable choice, but a sought after choice. It’s all due to a better understanding of what an online MBA is and the perceptions of the quality and power of an online MBA.
“Online MBAs have certainly become a more viable option for students as the technology evolves and students see that they can get the same quality education remotely as they can on-campus,” explains Cindy McCauley, Executive Director of Online Masters Programs at CMU Tepper. “You no longer have to trade off learning from top faculty, or building a strong network, when you choose an online MBA program.” You get it all.
Benefits of an Online MBA
The surging economy has had a major impact on the growth of the online MBA. More so than ever before, professionals are reluctant to step out of work to complete a full-time MBA program.
There’s a segment of the business community—particularly mid-career and late-career professionals—who don’t want to put their career on hold for school, but they still want the benefits. These individuals need a convenient alternative that allows them to earn their MBA while still working. That’s where the online MBA comes into play.
Accessibility and Flexibility Are Hallmarks of the Online MBA
According to Patti Russo, the Managing Director of Part-Time MBA programs at Michigan Ross, online MBA programs offer two distinct features:
- Access
- Flexibility
“In terms of access, online programs extend a school’s reach to students who want to pursue a top-tier MBA program, but are not located geographically close to a school,” explains Russo. “The online program also makes earning an MBA really flexible by giving working professionals the opportunity to stay at their jobs while obtaining a world-class business education.”
Online MBA students can work around their schedule, taking time away if needed to pursue career advancement.
According to Ramesh Venkataraman, Chair of the IU Kelley Direct Online MBA & MS Programs, this flexibility especially comes in handy for professionals who have recently received a promotion or accepted a new position. Representing around two-thirds of the IU Kelley MBA class, these students cannot afford to spend time on campus, considering they don’t know where they’ll be at any given time.
“We also enroll a large population of active duty members of the military and working professionals who travel often for work, and who need the ability to complete coursework while living or working abroad,” says Venkataraman.
For example, one UNC Kenan-Flagler student attended class from five continents thanks to his busy work schedule, but he never had to stop his education. An online MBA program means that you can attend class from wherever you are as long as you have a computer and Internet access.
“The online MBA is available to anyone, regardless of where they live,” explains CMU Tepper’s McCauley. “And it offers the same rigorous, analytics-based curriculum as the full-time program.”
Business is Global
The third crucial feature of online MBA programs is their ability to prepare students for the digital business world. As Russo says, “The business world is becoming increasingly more digital with individuals working virtually with others spread across the globe, and online curriculum will prepare students to succeed in this new environment.”
This thought is echoed by USC Marshall’s Vice Dean for Online Learning Programs, Sandra Chrystal. She explains that it was USC Marshall’s recognition of how global corporations rely on virtual teams and training to conduct business that sparked the creation of their online MBA.
“USC Marshall prides itself on innovation and continuous improvement,” says Vice Dean Chrystal. “We created a 21st-century multi-disciplinary integrated curriculum designed for a virtual platform, which mirrors business practices. Management communication and business analytics are components of all of the courses, and virtual team building begins immediately.”
More High Profile Players than Ever Before
The online MBA is also more competitive than ever before, which means the product offerings are better, according to IU Kelley’s Venkataraman.
“The increase in high-profile, credible organizations releasing rankings for online MBA programs have brought more attention and credibility to the online MBA space and, therefore, more interest in it by prospective students,” says Venkataraman.
A decade ago, few high profile top business schools offered an online MBA. Now, these same schools that were once reluctant to enter the online space are offering rigorous MBA programs, flooding the marketplace with exceptional curriculum, faculty, and opportunities.
And that change is being reflected in the rankings. Now, U.S. News & World Report, Princeton Review, and The Financial Times all release online MBA rankings. Students no longer have to choose between a well-ranked MBA and an online program—they can have both.
The students are also more high profile. An online MBA provides students with access to classmates who live and work around the globe and in a range of industries. This means that students can connect with a wider variety of individuals, building an expansive network.
It’s important to note that the class profile of an Online MBA program is more similar to an Executive MBA or part-time MBA program compared to a full-time program.
“Comparing the class profile of the online and on-campus programs is like comparing apples and oranges,” Kenan-Flagler Dean Shackleford says. “GMAT and GPA scores have little relevancy for evaluating them. They’ve been out of school for a long time and have significant work experience; what matters now is what they have achieved in those years—their career growth.”
Students Are Comfortable Online
Last, but certainly not least, is the change in how students perceive the online MBA. Applicants nowadays are used to technology and the increasingly digital world, so they’re not afraid of using technology for their education. In fact, they expect it.
“Students today are comfortable with online learning,” says UNC Dean Shackelford. “Even if they’re not digital natives, working professionals are accustomed to collaborating with remote workers and teams as part of their jobs.”
As for those students who aren’t as comfortable in an online environment and digital learning, an online MBA is a perfect opportunity to change that.
“Students will learn teamwork and leadership skills in a virtual environment,” said Michigan Ross’ Russo. “They will have to work remotely with their classmates on the course material and group projects, including our signature action-based learning experience MAP, which pairs student teams with global companies and organizations to tackle those entities’ greatest challenges.”
The Future of the Online MBA
So, where is the online MBA headed? What can applicants expect in the future? We asked USC Marshall, UNC Kenan-Flagler, Michigan Ross, Indiana Kelley, and CMU Tepper: “What is the long-term vision for your Online MBA?”
Here’s what they had to say:
Sandra Chrystal
USC Marshall School of Business Online MBA
“Although our Online MBA will continue to increase its diverse demographics, cohorts will not exceed fifty students. The number of cohorts may increase, however, and growth will be prudent. Since Marshall faculty teach all of these classes and Marshall instructional designers and production media teams create the asynchronous materials, the online MBA will consistently seek quality learning over larger enrollments.”
–Sandra Chrystal, Vice Dean for Online Learning
UNC Kenan-Flagler Business School MBA@UNC
“From the very start, our vision has been that the MBA@UNC is the same MBA program offered in a different format. We built the online MBA with the concept of no compromise: offering our MBA in a new format with the same quality (students, faculty, curriculum) and experience (deep engagement among our students and their professors to build lifelong relationships and networks) as our on-campus programs.
Now we are advancing that vision. First, we integrated all of our MBA programs’ operations, and now we are changing our processes so students can take courses in any MBA format we offer. We are blurring the lines of program format to meet the needs of students.
Our model is blended. You watch lectures recorded in high-quality format and meet for discussion in live classes on our platform where you see and interact with a small group of classmates and your professor. You also study together in person at our Global Summits—two in the U.S. and two in other countries every year. These small class sessions, group projects, and in-person summits are among the ways we ensure the UNC Kenan-Flagler culture is integral to our students’ experiences.”
—Douglas Shackelford, Dean, UNC Kenan-Flagler
Michigan Ross School of Business Online MBA
Patti Russo
“Our first Online MBA class is shaping up to be a group of highly diverse, very talented, and accomplished professionals. We are confident that future cohorts will be as well. In addition, the majority of students who attend Michigan Ross credit the program for widening not only their career prospects, but also expanding their worldview.
Our online students will join the Michigan Ross community, connecting them to a powerful global alumni network and tuition-free Ross executive education open enrollment courses for life.”
—Patti Russo, Managing Director, Part-Time MBA Programs
IU Kelley School of Business Online MBA
“The long-term vision for the Kelley Direct Online MBA is to continue offering a high quality, engaging, and rewarding student experience to students across the globe who are looking to progress in their careers and make a positive impact on their organizations and communities. We are pleased with the quality of candidates who have chosen Kelley Direct and will continue to seek out current and future leaders from a variety of industries to add to our powerful network of Kelley alumni.”
—Ramesh Venkataraman, Chair, Kelley Direct MBA & MS Programs
Cindy McCauley
CMU Tepper School of Business Online MBA
“We want our Online MBA program to provide the best educational experience and career outcomes for our students. We maintain a small class size to ensure that all classes are taught by our own faculty who teach in the full-time program and are not willing to trade quality for scale.
In our program, every class starts with in-person classes, so students can meet their faculty and connect with colleagues. Following these classes, students meet online in a format that allows faculty to see everyone in the class, and for students to interact as if they are in a classroom.”
—Cindy McCauley, Executive Director, Online Masters Programs
Friday News – USC Marshall Announces New Dean, HBS Receives Gift for Dual Degree, and More
Let’s take a look at some of the biggest stories from this week, including the newest USC Marshall dean.
Geoffrey Garrett Named New Dean of USC Marshall School of Business – USC Marshall News
The USC Marshall School of Business announced its newest dean, Geoffrey Garrett, formerly of the Wharton School at the University of Pennsylvania. Garrett, an economist and political theorist, begins his tenure in 2020.
President Wanda M. Austin says of Garrett’s appointment, “He has a demonstrated track record in global business theory and practice, which aligns with our mission to create the leaders of the future … Marshall School of Business has found a tremendous leader in Geoffrey Garrett.”
Geoffrey Garrett is set to begin his USC Marshall dean tenure next year.
Along with serving as Wharton’s dean, Garrett is also the Reliance Professor of Management and Enterprise, and he formerly taught political science there. Prior to his positions at Wharton, he served as dean of the University of Sydney and the University of New South Wales. His appointment at Marshall will not be the first position he has held at USC, however. He also taught communications, international relations, law and business in 2005.
Garrett says, “My first year will be all about listening and learning … I think I have a pretty good appreciation for the world of business and education and for what USC Marshall has achieved. But the DNA of the school is its people, and I have so much to learn from them and about them.”
Read here for more about the newest USC Marshall dean.
HBS and SEAS Announce Gift of Financial Aid to Support Joint Degree Program Students – Harvard SEAS News
A generous gift from two alumni has contributed to the growth of the MS/MBA joint degree program at Harvard University. Denise Dupré and Mark Nunnelly, both 1984 MBA graduates, have given the needed support for a financial aid program for students who are pursuing the dual degree. The MS/MBA program launched in 2018, and it has served to unite HBS and the Paulson School of Engineering and Applied Sciences (SEAS).
Twenty-nine students are enrolled in the MS/MBA’s inaugural program, whose curriculum focuses in equal part on technology, design, and business and management principles.
Nitin Nohria, Harvard Business School Dean, says:
“This generous gift will support future leaders who will bridge the worlds of business and engineering, spurring innovation and the commercialization of new discoveries to address many of society’s most exciting opportunities … The expansion of SEAS to [the Allston campus] is a catalyst for collaboration that will propel and transform teaching and research at Harvard for decades to come.”
The expansion of Allston was a major catalyst for Dupré and Nunnelly’s gift. “We’ve both been enormous fans of the possibilities in Allston for many years,” says Nunnelly. “It’s so incredibly important to the future of Harvard, the city of Boston, and the entire state of Massachusetts.”
For more on the MS/MBA and the Allston expansion, read here.
Calculating New Ideas – Fox School of Business Idea Marketplace
A statistician and associate professor at Temple University’s Fox School of Business has made great strides in data science with a pair of new developments that will likely be game changers in healthcare and education.
Zhigen Zhao, along with his colleagues, have discovered a way to calculate health risks by studying interactions between human genes. The team developed an algorithm which will analyze 20,000 genes at a time (twice the number of previous methods), which may help doctor’s to determine a patient’s risk for such things as Alzheimer’s, alcoholism, and obesity.
“Our method only takes two-tenths of a second to finish this kind of calculation,” Zhao says. “People’s health can depend on a specific combination of their genes.”
Another breakthrough algorithm Zhao and his team created will help to bridge the divide in standardized test scores between advantaged and disadvantaged students. With the new tool, the team parsed the test results collected from various schools to create a more thorough picture of who was doing well on which tests.
“The main idea for this method is to incorporate school district information to get a new threshold … The standard method, which doesn’t include this information, can be either overly conservative or overly liberal.”
Read here for more on Zhigen Zhao and his team’s work.
Career Changer’s Investment in Master’s Program Has Big Payoff – Rutgers Business School News
Julie Mitchell, a graduate of the Rutgers Business School Online Master of Science in Supply Chain Management program, managed to launch a new and more profitable career even amidst the daily challenges of family and work.
Mitchell is Senior Procurement Agent in Supply Chain Management for Boeing, where she manages every aspect of equipment delivery to create 737 galleys. She has been with Boeing for five years, and in that time her salary has increased by 83 percent. “The degree catapulted me into a senior procurement agent position,” she says. “There are people who have waited 10 years for that to happen.”
Julie Mitchell, Rutgers online Maser of Science in Supply Chain Management alum / Photo via business.rutgers.edu
After a decade plus long career of managing a dental practice, Mitchell decided to take a job at Boeing where she discovered her talent for managing billing, logistics, and operations. Several experiences led her to further hone in on her natural ability for ‘disruption management,’ and from there she earned her degree.
“I like to be challenged and I like fixing problems. A 737 has 400,000 parts, including nuts and bolts. It can be like working on a puzzle. The most rewarding thing is delivering something to a customer that they’re happy with.”
For more on the online Master of Science in Supply Chain Management at Rutgers, read here.
The Online MBA: Which Programs Matter?
Have you ever wondered what it would be like to earn your MBA online? We wanted to take an in-depth look at the advantages of an Online MBA program and what it looks like to complete your graduate business education online—how long it will take, what activities will be available to you, and how it will enhance your career.
To that effect, we interviewed the admissions staff at some of the top brick and mortar business schools with leading Online MBA programs: CMU Tepper, Indiana Kelley, Michigan Ross, UNC Kenan-Flagler, and USC Marshall. Here’s what we learned:
CMU Tepper School of Business Online MBA
The CMU Tepper School of Business Online MBA program is a hybrid program, meaning students attend live, interactive online classes two evenings a week (for 70 minutes each) and then work the rest of the time offline, at their own pace. Students take the same rigorous curriculum as full-time students and are taught by the same faculty and staff.
- Duration: Flexible program duration
- Travel: Six times a year, students meet in-person for Access Weekends in Pittsburgh, Silicon Valley, Philadelphia, and Washington, D.C.
- Workload: You’ll attend two, 70-minute live class sessions every week with an additional 3-5 hours of offline assignments.
CA: How do your Online MBA students take advantage of extracurricular activities (e.g., can they join a finance club, organize a tech conference, what are the similarities for an online program with the full-time program)?
“The Tepper School part-time Online Hybrid MBA is structured to provide maximum flexibility without sacrificing the extra-curricular experience, which is an essential component of an MBA program. Our online students have access to various campus activities, including student clubs, speaker events, and career treks that enrich the academic experience and provide opportunities to connect with colleagues, alumni, and potential employers. We also have a TepperBot (picture attached), which is a great way for students to actively join campus activities remotely. They can control the TepperBot’s movements from their phones, adjust the height, roll through spaces. It’s an excellent way for online students to be part of the on-campus experience.
Throughout their Tepper experience, online MBA students actively participate in student club activities; leadership coaching and workshops; corporate presentations and recruiting; and all that business school has to offer. Our online students have an active student leadership organization, and even started a virtual Friday afternoon happy hour!
CA: How do your Online MBA students take advantage of career resources. Do you offer the full-time MBA equivalent of on-campus recruiting?
“Our part-time Online Hybrid MBAs have access to the same career resources as our full-time students, including on-campus recruiting, corporate presentations, career treks to visit employers around the country, and connections to jobs at premier companies. Our top-ranked Masters Career Center provides career coaching from seasoned professionals to help them successfully manage career opportunities.”
IU Kelley School of Business Online MBA
The IU Kelley Direct Online MBA is delivered completely online. Students must complete 54 units to graduate—27 credits of core courses and 27 credits of electives. Courses are taught by the same faculty that teach the full-time MBA, but students have the flexibility to fit the coursework into their busy schedule. You can either participate in live lectures with your classmates or watch recorded lectures on your own schedule.
- Duration: Two to four years
- Travel: Students attend two Kelley Connect Weeks, which are intensive seven-day, in-person experiences on IU’s Bloomington campus.
- Workload: Live weekly classes are around 75 minutes in length in addition to prep work and additional study.
CA: How do your Online MBA students take advantage of co-curricular activities (e.g., can they join a finance club, organize a tech conference, what are the similarities for an online program with the full-time program)?
“Effective November 1, we have re-branded student services to the Office of Student Services and Advising. That unit is now responsible for co-curricular and experiential activities. What is true about an online MBA student is that they want to build a set of experiences that complement what they do in the classroom, but there is a lot of variability in terms of what they want to build.
Our co-curricular experiences have been divided into various buckets.
- There are four-credit experiential learning opportunities. Specifically, there are global learning courses that offer two types of experiential learning. There is a consulting course where they work on a live project, and then there’s an exploratory course where students spend a few weeks in a different country working with and learning from high-performing corporations outside the U.S.
- We also offer a robust suite of affinity groups—both identity-oriented groups and functional groups. As an example, there are several events for online MBA students, including virtual happy hours and excursions to visit Warren Buffet in Nebraska.
- Third, twice a year, we have a Global Connect Night where students get together and have refreshments with each other all across the world. Students entirely coordinate these events.
- Finally, we have a high-impact suite of offerings from our Career Management Center and one-on-one career coaching.”
CA: How do your Online MBA students take advantage of career resources. Do you offer the full-time MBA equivalent of on-campus recruiting?
“We have a five-phase career development model for our online MBA students that begins before a student’s very first Kelley Connect Week. They are sent access to a website that allows them to begin pre-work on their career goals and what they’re hoping to get out of their online MBA.
We recognize that most students in our program are primarily seekers looking to change their function, industry, or location, or they are career navigators looking to move up in their organization. So, as a first-year student, we ask them to complete career work early and then come to campus for a two-hour content session led by the Career Center to gain more insight into their options.
Then, our online MBA students have touch-points with their career coaches throughout their time in the program. Not only do they have access to the Career Center online, but they can check-in with their coach in person as well; it’s up to the individual. Our career office also sends out regular communications with career tips, job offers, and more. Students can also participate in several 1.5-credit hour courses offered by our career office for job seekers, career navigators, consultants, and more.”
Michigan Ross School of Business Online MBA
The Michigan Ross Online MBA (OMBA) is a flexible format that includes live class sessions, self-guided study, and leadership development training on the Ross campus. To graduate, students must complete 57 credit hours including 27 credits of core curriculum, 18 credits of electives, nine credits of in-person residencies, and three credits for an action-based learning project (MAP). It’s a highly flexible, self-paced program.
- Duration: Two or more years
- Travel: Students must attend three in-person residencies on the Ross campus that take place Thursday through mid-Sunday.
- Workload: Each 2.25-credit course requires students to participate in four live classes via the online platform.
CA: How do your Online MBA students take advantage of extracurricular activities (e.g., can they join a finance club, organize a tech conference, what are the similarities for an online program with the full-time program)?
“We will work with club leadership to devise ways to accommodate these students, knowing that this will be an enriching experience for both the online students and the clubs. We are planning on using technology for students to participate remotely in events.”
CA: How do your Online MBA students take advantage of career resources. Do you offer the full-time MBA equivalent of on-campus recruiting?
“Online students will be able to take part in the formal recruiting process if they wish. We have a career professional dedicated to our PT students, who is familiar with their specific needs and common career paths. OMBA students will have access to comprehensive career development services to prepare them for recruiting. These include resume reviews, networking guidance, interview practice, and negotiation advice.”
UNC Kenan-Flagler Business School MBA@UNC
The UNC Kenan-Flagler Business School MBA@UNC is an online MBA program where the teaching and coursework are delivered online. Students must complete a total of 62 credits, including a broad business foundation and an emphasis on strategic leadership. Weekly, students meet face-to-face online for collaborative sessions that build on coursework and foster stronger connections. However, using the mobile learning platform, students can complete coursework 24/7 from anywhere in the world.
- Duration: Anytime between 18 to 36 months, as it fits their work/personal commitments.
- Travel: Optional three-day intensive Global Summits are available every quarter, and students must attend two prior to graduation. Summits are held around the world and students can choose the location and term that best fits their schedule.
- Workload: Throughout each week, students complete interactive assignments on their own time comprised of case studies, video simulations, group projects, and reading materials. Students then meet each week in a webcam-based online classroom of no more than 15 students to discuss the week’s material with classmates and professors.
CA: How do your Online MBA students take advantage of extracurricular activities (e.g., can they join a finance club, organize a tech conference, what are the similarities for an online program with the full-time program)?
“Yes! Online MBA students at the University of North Carolina Kenan-Flagler Business School students engage in our many and very active student-led MBA clubs. Some use online social media channels for communication and promotion, while others hold virtual meetings and webinars. In some cities, they have regularly scheduled in-person social outings.
They also participate in events on campus–in-person or via live-stream–including speakers and conferences. Conferences include Carolina Women in Business, Careers with Impact Forum, Real Estate Conference, and Healthcare Club Conference.
For those students who join our in-person orientation, their networking/relationships begin before classes start. Then it occurs organically through group projects in courses, but they also use “cyber-rooms” (where they study with classmates and work on group projects) to run happy hours.
At our in-person summits (four per year – two in the U.S. and two in other countries), students spend a great deal of time creating and strengthening their networks and relationships. Many plan personal trips together before or after the summits.”
CA: How do your Online MBA students take advantage of career resources. Do you offer the full-time MBA equivalent of on-campus recruiting?
“Our students take advantage of the school’s many career resources, including:
- Every student participates in a 360 Multirater process at the beginning of the program and conducts a one-hour debrief with an Executive Coach to help understand their strengths and areas for improvement as a leader.
- Our Career & Leadership team conducts over 400 additional (optional) individual, one-hour personalized coaching sessions annually for our online students on a variety of topics, including developing a personalized action plan, assistance with job search, working through leadership challenges with their team, onboarding into a new role, etc.
- We conduct nearly 100 Career & Leadership programs (in-person events, webinars, networking forums, etc.) annually on topics ranging from leadership development to industry education and preparation sessions, to tactical career search elements. We deliver many of these ourselves; well also offer them in collaboration with national experts when appropriate.
- We offer a complementary suite of recruiting activities for our working professional students. These include virtual career fairs, networking events with employers, student, and alumni panels, and two in-person career fairs per year, in addition to the MBA National Conferences, which provide company networking and interview opportunities as well.
- We participate in a wide variety of national MBA career fairs (Forte, Prospanica, MBA Veterans Conference, ROMBA, National Black, etc.) where we provide on-site support.
- The long history of the MBA@UNC program and UNC Kenan-Flagler Business School has helped us grow a strong student and alumni base at top companies. Students have exposure to this network through industry/functional panels; our 17-city alumni networking summer series; and ongoing, informal events throughout the year at our various alumni chapters both nationally and internationally. We have about 37,000 alumni living and working in 86 countries.”
USC Marshall School of Business Online MBA
The USC Marshall Online MBA offers a unique, integrated curriculum designed for the online platform. Each class is taught weekly via live, interactive class discussions and asynchronous coursework. To graduate, students must complete 51 credits to graduate or six courses: Role of the Manager; Fundamentals of Business; Opportunity Recognition and Implementation; Managing Inside the Firm; Managing Outside Firm; and Business Environment & Leadership.
- Duration: 21 months
- Travel: Students must participate in a one-week, on-campus residency
- Workload: Every course requires two meetings per week for about one to two hours for each live class meeting—typically, Monday through Thursday from 5 pm to 10 pm. On average, students are expected to spend between 20-30 hours per week on coursework.
CA: How do your Online MBA students take advantage of extracurricular activities (e.g., can they join a finance club, organize a tech conference, what are the similarities for an online program with the full-time program)?
“The Marshall online MBA students may join the student organizations, attend all campus events, and participate in USC and Marshall alumni events. They are fully USC Marshall students. Some have attended alumni events in their region. Similar to the residential program, students may serve as cohort ambassadors, graduate with all of the residential MBA students and with the same diploma. Some have engaged in entrepreneurship competitions. Many attend the monthly virtual conversations with executives.”
CA: How do your Online MBA students take advantage of career resources. Do you offer the full-time MBA equivalent of on-campus recruiting?
“Because 100 percent of the students are fully employed–meaning they also cannot pursue internships–and nearly 40 percent are financially supported by their employers, and because the average work experience is 10+ years, OMBA students have a different set of career resource needs than our residential MBAs. When the Marshall admissions committee interviews final candidates, we explain the career options to avoid any later disappointments. Our Online MBA students consistently make appointments with the Online MBA career coaches for individual career counseling, most use the Marshall alumni network, and some attend on-campus job fairs. A few have even hired cohort-mates, and four OMBAs started a new company together.”
This article has been edited and republished from its original source, Clear Admit.
3 More Online MBA Scholarships You Should Know
Last month, three of the best Online MBA scholarships in the U.S. caught our imagination. These advantageous opportunities can be found at celebrated academic institutions like the USC Marshall School of Business and the University of North Carolina Kenan-Flagler Business School.
However, we would be remiss if we stopped there. Here are three more Online MBA scholarships you need to remember before you start sending out applications.
3 More Online MBA Scholarships You Should Know
The Lehigh University College of Business and Economics FLEX MBA gives students the opportunity to participate in classes either online or on campus. The nationally-ranked program emphasizes values like leadership, social responsibility, and understanding global business. FLEX MBA students who have received an offer of admission as a regular students may be considered for a variety of scholarship options. For example, the Dean’s Scholarship may be awarded based on academic merit, and the Nanovic ‘60G Endowed Fellowship Fund will go to students who show outstanding performance within the FLEX MBA Program and “contribution to the program outside of the classroom.”
Dayton University’s MBA@Dayton offers tracks based on applicants’ academic and/or professional experience. Students can pursue the Foundational Online MBA, the Accelerated Online MBA, or the One-Year Online MBA, depending on their experience and goals. According to the school, applicants will be considered for “select competitive awards offered by the MBA@Dayton program or can identify private independent scholarships for which they can apply separate of the application or the federal aid process.”
The Santa Clara University Leavey School of Business has multiple scholarship opportunities in its Online MBA program. Enrolled students can apply for merit-based scholarships, including “a $1,000 Online MBA Referral Scholarship, and a $500 Online MBA GMAT Test Bonus for those who submit GMAT scores with an application.” In addition, Certificate of Advanced Accounting Proficiency (CAAP) program grads can apply for a $3,000 Online MBA scholarship.
The New Pepperdine STAPLES Center Classroom, and More – Los Angeles news
Happy Friday! Let’s take a look at some of the biggest news coming out of Los Angeles this week.
Want Better Growth? Toss Out The Marketing Playbook – CGU Drucker School News
Claremont Graduate University’s Drucker School Chair in Management and the Liberal Arts, Bernie Jaworski, suggests that to compete in today’s emerging markets, traditional ‘by the book’ strategies must take a back seat.
Jaworski recently co-authored The Organic Growth Playbook: Activate High-Yield Behaviors To Achieve Extraordinary Results – Every Time with Robert Lurie. In it, they explored the stories of four companies who achieved rapid growth by eschewing standard marketing approaches.
Through their research, Lurie and Jaworski discovered that a “more holistic approach to customers’ purchasing behaviors” leads to long term revenue increases. The authors believe that the underlying consumer behavior behind the success or failure of certain products is the key to making the right decisions.
Lurie is the current Vice President of Corporate Strategy at the Eastman Chemical Company. The Organic Growth Playbook is available now from the American Marketing Association.
Graziadio Forms New Classroom in the STAPLES Center – Pepperdine Newsroom
The Anschutz Entertainment Group (AEG) and Pepperdine University’s Graziadio Business School are teaming up to establish a classroom in the STAPLES Center. The class will serve as a hub of programming for Graziadio’s sports and entertainment management programs.
Students in this one of a kind classroom will gain the opportunity to hear a ‘best-in-class’ speaker series hosted by AEG, which will allow them a glimpse at the operations of one of the nation’s most popular sports and entertainment venues.
Pepperdine President Andrew K. Benton says of the partnership, “As the exclusive education partner of STAPLES Center … we look forward to providing our sports and entertainment students with a premier educational experience that will uniquely prepare them to shape the future of their industries.”
The new STAPLES Center classroom from Pepperdine Graziadio features seating for up to 30 students, and it can be converted into an event space for up to 50 attendees.
You can learn more about the brand new classroom opening here.
V For Victory – USC Marshall News and Events
USC’s Marshall School of Business offers Global Leadership Program (GLP) students a chance to see a side of business school that many aren’t accustomed to—the side occupied by veterans of the U.S. armed forces.
Ninety-five freshmen in the GLP joined with thirty-two Master’s of Business for Veterans (MBV) students for military-style exercises meant to enhance physical discipline while developing their leadership, strategy, and communication skills.
Professor Emeritus Robert Turrill, Academic Director of the MBV program, says, “We wanted our vets interacting with our freshmen. We thought there was a lot of sharing to take place … They hear a lot about corporate leadership, and I wanted them to hear about military leadership and see where the overlaps are. This group of veterans knows leadership quite well, and they have a lot to give.”
GLP students are just embarking upon their educational experience, but they were able to offer the vets a glimpse into their lives which was just as valuable.
Eugenia Hang (GLP ’22), says, “I think this is really important for the students to experience and reflect on these concepts, like integrity, [and] communication … One of the takeaways I got was sacrificing personal gains for the collective benefit.”
You can read more about the recent USC Marshall event here.
Mihaylo Turns 10, USC Marshall Interviews, and More – Los Angeles News
It’s been a busy week, but we’ve caught up with a few of the Los Angeles business school stories you need to know.
USC Marshall Professor on the Economics of Migrant Populations – USC Marshall News & Events
USC Marshall Professor of Finance and Business Economics Sandra Rozo recently gathered a group of scholars for a session on an issue with global resonance—the refugee crisis.
Rozo organized the ‘Conference on the Impacts of Refugees in Hosting Economies’ in order to address the effects of forced migration upon the social, economic and political climates in various countries.
The transformation of certain Turkish communities that experienced an influx of Syrian refugees was just one of the positive impacts that Rozo and her colleagues presented. In a collaboration with fellow economics professors, Rozo explored how the resettlement of over 3 million Syrian refugees resulted in measurable change in the nation’s economy.
The oil and gas industries, for example, experienced growth as a result of increased usage. A notable increase in new business formation also arose from the migration, as Syrians new to the country saw opportunity in partnering with Turkish entrepreneurs. The researchers discovered that there was a marked positive effect on the construction, hotel and restaurant industries after the migration.
Rozo points that the positive outcomes of migration must be explored along with the sometimes enormous negatives. “The media tend to focus on the negative but the effects of displaced populations cannot be generalized in one way or another. We’re asking what the impacts are so we can ameliorate the negative and amplify the positive.”
Keynote speaker George Borjas of Harvard’s Kennedy School opened the conference, and Paolo Verme of the World Bank delivered the closing address.
You can read more on the research here.
Mihaylo College’s Landmark Home Turns Ten – Mihaylo News
As the largest accredited business school on the West Coast of the U.S., Mihaylo Business School at Cal State Fullerton needed a building that would make a statement. The university celebrates 10 years since the completion of this landmark structure for the Mihaylo College with alumni, donors, and staff on September 28, 2018.
Steven G. Mihaylo Hall, built in ’08 / Photo via business.fullerton.edu
In 2008, the school hired internationally celebrated firm HOK to design the state-of-the-art Steven G. Mihaylo Hall. The 195,000 square-feet, $89 million building contains 10,000 students and hundreds of faculty.
The shift in the U.S. economy has been vast since the late ’00s, and the growth of Mihaylo’s programs has followed a similar trajectory.
With sustainable design elements throughout the building that minimize environmental impact, Mihaylo Hall set a high standard for future building projects across campus. The Women’s Leadership Program, Mihaylo Career Services, and a state-of-the-art trading lab are just a few of the developments that grew forth after the building’s completion. Read more about the building and its decade of success here.
USC Marshall Welcomes 9 New Faculty – MetroMBA
MetroMBA recently spoke with several of the newest members of the USC Marshall faculty, joining the business school for 2018-19.
David Bacci, a new lecturer in the Department of Business Communication, says:
“Simply stated, my teaching philosophy is to train to students to be the types of great employees I would hire. I spent 10+ years in various industries and in management. In my experience, employers will teach their employees the technical skills required to do their jobs. But employers will not teach employees how to communicate; how to show up each day; how to engage with their boss and coworkers; and how to use their soft skills to add organizational value—employers simply expect people to have these skills already developed. Given this gap, I see my role as a professor to teach students how to use their communication skills to distinguish themselves as ‘great’ amongst a sea of ‘good.’”
You can read more from our recent interviews here.
