Online MBA Degrees and Programs in Delaware

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EARN AN ONLINE MBA DEGREE TODAY

In the state of Delaware, which is less than 500 feet from sea level, you have a good variety of universities from which to choose your MBA program. Choosing the program that best meets your needs, you’ll soon find yourself confronting business issues and finding solutions for each issue.

If an online program best meets your job and family situation, a 100% online program may be your best choice. With this option you can attend classes at your convenience. If money is an issue, ask about financial waivers. With scholarships, this may bring an MBA within your reach.

Should you be geographically distant from an MBA program, online distance learning may enable you to “attend” class without ever commuting or sitting in a physical classroom.

WHY CONSIDER AN ONLINE MBA?

Two words: Your career. Let’s say you see yourself occupying a high-level management or even a C-suite position. However, for this to happen, you need to return to school and earn your MBA. In Delaware, which is a small state, you still have access to several high-quality MBA programs.

If you have a specific concentration in mind, one of these MBA programs may offer what you’re looking for. In the beginning, you’ll take your core business courses, which provide a solid foundation from which you’ll expand your learning in your chosen concentration.

If you have a career in nursing, medicine, social work, information systems, hospitality, engineering, or biological sciences, then you can earn a dual master’s degree (MBA/MS in Hospitality, Restaurant, and Institutional Management for the hospitality manager).

Percentage of Students Enrolled in Online Programs in Delaware

MBA Concentrations for Students

Some Delaware MBA programs offer concentrations to their students who want to deepen their learning and understanding of leadership, human resources, or health administration. These classes allow you to specialize in a concentration that will benefit you after graduation from your MBA program.

University of Delaware’s Lerner Business & Economics program offers the following concentrations:

Healthcare Management

MBA Concentration in Healthcare Management: In a healthcare concentration, you’ll develop your leadership and business skills. You’ll also receive opportunities that allow you to enter this fast-growing industry. You’ll learn about healthcare reform, informatics, population-based care, E-service delivery, and patient experience.

Hospitality Business Management

In the Hospitality Business Management concentration, your learning focuses more on the hospitality industry, specifically the functional business areas. Your hospitality coursework will be taught by hospitality faculty. Once you graduate, you’ll be able to find employment as a restaurant manager, hotel manager, marketing strategy consultant, casino manager, director of food and beverage, hospitality information systems manager, or event manager.

Human Resource Management

Goldey-Beacom College’s MBA program offers a Human Resource Management concentration. If you work with a human resources organization, this specialization will expand your knowledge of entrepreneurship, corporate valuation, fixed income securities, investment and portfolio management, international capital budgeting, and risk analysis and management.

marketing management

In the Goldey-Beacom College’s MBA program, a marketing management concentration gives you additional coursework in international marketing and current topics in marketing. You’ll also be able to choose an elective in information technology, which is recommended.

Business

Goldey-Beacom College MBA also offers an entrepreneurial studies concentration. If launching your own business is one of your plans, this concentration will offer everything you need to learn, including innovation and intrapreneurship in larger organizations. Your concentration coursework includes entrepreneurship, creating and leading new ventures, project management, and social entrepreneurship.

Accreditation in Delaware

Accreditation offers both a university and a business school a positive mark that tells prospective students and their employers that the courses offered are of an approved, high quality. Any university or business school that applies for accreditation will be required to pass difficult peer-review evaluations, as well as a self-evaluation. Upon approval of an eligibility application, the program begins the initial accreditation phase. This includes self-evaluations, developing an in-depth strategic plan, then the beginning of committee and peer reviews.

Universities and MBA programs can apply for and receive accreditation from more than one accrediting organization, such as the Association to Advance Collegiate Schools of Business (AACSB), the Accreditation Council for Business Schools and Programs (ACBSP) or the International Assembly for Collegiate Business Education (IACBE).

AACSB accredits MBA programs while ACBSP covers business programs from associate, baccalaureate, masters and doctoral levels; including MBA programs. IACBE is the newest accrediting agency. Like the ACBSP, the IACBE accredits all levels of business programs. Each accrediting agency operates independently of other accrediting agencies and creates and sets its own standards for determining which programs should receive accreditation.

Regional accreditation is sometimes a more reliable mark of a program’s standards than national accreditation. Several agencies accredit complete institutions of higher learning. Seven of these agencies that have been recognized by the Department of Education include:

  • The Higher Learning Commission
  • The Accrediting Commission for Community and Junior Colleges
  • The New England Association of Schools and Colleges
  • The Middle States Commission on Higher Education
  • The Northwest Accreditation Commission
  • The Western Association of Schools and Colleges
  • The Southern Association of Schools and Colleges

CAREER AND JOB OUTLOOK FOR GRADUATES

In Delaware, the economy is recovering. Management professionals (general managers, advertising and promotions managers, marketing managers, sales managers, as well as others) find work once they have graduated from their MBA programs.

Industries with high levels of employment and pay for managerial occupations benefit from a stronger economy. In Delaware alone, managers hold almost 445,960 jobs, which is about 19.17% of industry employment.

While Delaware is a small state geographically, employers are seeking out managerial candidates in good numbers. For instance, accountants and auditors hold down a little more than 5,500 jobs throughout the state.

Sales managers do even better. Per 1,000 jobs, almost 2.3 managerial positions go to sales managers. As far as a mean hourly wage, they earn $81.57; annually, they earn $184,330, clearly well within the 6-figure salary.

Administrative services managers do nearly as well on employment per 1,000 jobs. They hold 1.907 positions in Delaware. Their annual mean wage is a little more than $117,000.

Public relations managers and fundraising managers do well in Delaware as well. Out of 1,000 jobs, 220 go to managers of these professions. Their median hourly wage is $56.42; annual mean wage is $136,530.

And let’s not forget personal financial managers. Per 1,000 jobs, they receive a little more than one offer. Their median hourly wage is $50.44; annual mean wage is $124,480.

Company, Industry Headquarters, City, Number of Employees

Company Industry Headquarters City Number of Employees
Select Specialty Hospital Healthcare Mechanicsburg, PA 3,051
Citi Banking New Castle, DE 10,001
Hamilton Lane Investments Philadelphia, PA 390
AstraZeneca Pharmaceuticals Wilmington, DE 58,894
DuPont Chemical Production Wilmington, DE 33,683

EARNING POTENTIAL WITH AN MBA IN Delaware

According to the Bureau of Labor Statistics, the mean annual wage for management occupations in Delaware is $139,010, as of May, 2017. Since Delaware is a relatively small state, this figure is important. Several well-known companies, such as AstraZeneca, Citi, and DuPont have a presence in Delaware cities, making it easier for MBA graduates to find employment at a managerial level.

Top MBA Careers in Delaware

Financial Analysts make use of client data to develop persuasive reports, to be given to administrators who are responsible for making vital financial decisions. The financial analyst frequently delves through and evaluates cash flow documents, income statements, and balance sheets so they can get an accurate picture about a company’s current financial situation.

Directors of Asset Management do similar work as Financial Analysts. The asset management director conceives of and develops management strategies that make financial growth possible. They may also lead an asset management team and oversee the monitoring of the conditions of all properties.

Director of Business Development for an inpatient hospital. The manager in this position will focus on the development and nurturing of professional relationships with medical and support staff, which includes doctors, discharge planning social workers, individuals responsible for payment, and clinicians in acute care hospitals. This person monitors the work of their liaison and admissions team.

The vice president and risk policy officer is responsible for helping bank customers to bring their accounts current. If the customer is unable to fully bring their accounts current, they will receive help in resolving their debts. The risk policy officer oversees the Collections Recovery Risk team and ensures that each team member works within the approved strategy of the bank.

The Leadership Development Program Manager ensures that the development and execution of early career programs is well managed. This includes a new and recent college and graduate development program for the Airgas company. This person also seeks and identifies opportunities to either establish or formalize processes and requirements for university internship programs.

TOP ONLINE MASTERS PROGRAM CHOICES

Location:

New Castle, DE

Tuition:

$ $ $ $ $

  • Wilmington
  • Tuition

    51,516

  • % receiving financial aid

    45%

  • Student population

    41%

  • Public or Private

    Private

Location:

Dover, DE

Tuition:

$ $ $ $ $

  • Delaware_state
  • Tuition

    12,900

  • % receiving financial aid

    75%

  • Student population

    6%

  • Public or Private

    Public

Location:

Dover, DE

Tuition:

$ $ $ $ $

  • Wesley_college
  • Tuition

    39,600

  • % receiving financial aid

    98%

  • Student population

    7%

  • Public or Private

    Private

Location:

Newark, DE

Tuition:

$ $ $ $ $

  • Delaware
  • Tuition

    34,320

  • % receiving financial aid

    67%

  • Student population

    18%

  • Public or Private

    Public

Location:

Pike Creek Valley, DE

Tuition:

$ $ $ $ $

  • goldey-beacom-college
  • Tuition

    39,420

  • % receiving financial aid

    98%

  • Student population

    57%

  • Public or Private

    Private

HOW TO CHOOSE THE BEST MBA PROGRAM

Your post-MBA career depends heavily on choosing the online MBA program that’s right for your life and current career. If you have just started your business career, then you may want to work for a while longer before you return to school for your MBA. If you’re ready to start right away, make sure you know as much as you can going into the selection process.

Start exploring all of the core courses required of every MBA student in each college or university MBA program. Next, look at the concentrations offered. Look at the tuition costs of each program you’re considering. This number will help you determine how much financial aid you’ll need. It’s an investment in your career to go back to school and earn your MBA. If you’re choosing an online MBA program, the GMAT or GRE testing requirement may be waived. Once you have explored each MBA program in Delaware, narrow your choice down and begin the admission process.

1

What are your long-term objectives? Write down your professional goals, which may include an industry change or growing beyond your current employment. You may want to advance to an executive position. As you do this, you’re solidifying your goals so that, as you continue thinking about your professional future, you’ll choose appropriate programs. If you’re currently in a field or industry that you plan to stay with, align your long-term planning to finding an MBA that allows you to expand your education and knowledge, so that when you graduate, you may be promoted into a higher management position.

2

Should you return to your old school (your alma mater)? While this may not have been as acceptable in years past, today it’s not a bad thing. The previous thinking was that, by returning to your first university, you won’t allow yourself to expand your thinking or learning—but that’s not true these days. Because you’re going to attend online, you may encounter new professors who communicate with you and your fellow students from a much longer distance. Your classmates will be from various backgrounds or even countries! Therefore, you’re going to encounter a much higher level of diversity, even if you go to Old State U.

3

What kind of a return on investment do you want? Beginning with your tuition, you should evaluate each school with ROI in mind. Questions to answer include: annual program costs and number of years to complete your program; loss of earnings to you by attending a full-time on-campus program; those elusive “hidden costs,” such as printer paper, to print out the readings or notes; or, you may need a new computer; how long it will take to pay back overall tuition costs and lost salary once you graduate? Do this for each program you’re considering.

4

What is the program’s commitment to students? You’re going to be attending virtual classes and juggling work, your family, and any community commitments you may have. You want to find a program that, while focused on academic pursuits, will also provide the different kinds of support you’ll need. If you know that one program offers solid support to traditional students, that support will extend to online students as well. The forms of support you’ll need include academic, career, emotional, and technical. Professors are trained to look for signs that students are struggling. If they find that this is so, they privately approach those students.

5

What are the program credentials of each university you’re considering? The most important ones are accreditation and legitimacy of the program. You don’t want to enroll in a program that is of low quality, lacking accreditation. Go to the U.S. Department of Education website and study each school for these credentials. Visit each school’s website and study its accreditation page. These should be prominently placed so they are easy to find. Accreditation through AACSB points to the high quality of the school’s business programs. Next, look for peer reputation among the business faculty.