Find The Best New York MBA Programs and Degrees

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Overview of Online MBA Programs in New York

New York is a populous state with more than 20 million residents. The largest metropolitan area includes New York City and surrounding communities. New York City is a global business center, and the state of New York offers educational opportunities that support the tremendous demand for business talent. The New York location is also important for online learners because the schools have access to some of the leading business and finance organizations in the world. Online students at New York schools have an enormous potential for connections to supervised work experience, internships, and referrals. Further, the New York schools have extensive alumni groups and the potential for networking is also an outstanding advantage of online MBA degrees from New York colleges and universities.

WHY CONSIDER AN ONLINE MBA?

New York laws protect online students; the state requires accreditation for all online schools operating in New York. Accreditation, as more fully discussed below, is a guarantee that the education offered meets standards set by an independent agency. NY residents may have particular incentives for selecting a New York-based school. Some programs have on-campus requirements and they charge lower rates for in-state students. New York state is a leader in efforts to lower the costs of education through grants, subsidies, and remissions of tuition.

New York City-based schools may draw upon local faculty, including practitioners. Some schools offer experienced executives and business leaders as full or part-time faculty. These schools often have significant reputations in one or more parts of the business community. There are potential career advantages in getting a degree from a highly regarded school that is well-connected in the business community.

Percentage of students enrolled in online programs in New York

MBA Concentrations

Human Resources

Nearly every company has a central role for human resource professionals. The MBA with a human resource focus prepares graduates to manage employee relations, labor relations, and employee development. Diversity and inclusion typically fall within the responsibility of the human resources MBA. HR professionals also have a prominent role in planning budgeting and overall operations.

International Business

The global economy has global scale challenges including international laws, financing, and trade rules. New York has corporate headquarters for many large international firms and firms with substantial international business portfolios.

Finance

MBAs with concentrations in finance will be in high demand. Finance is an integral part of domestic and international business. Finance is a valuable concentration in the banking, securities, and private equity sectors. Major employers for finance concentrations include hedge funds, pension funds, stock brokerage, investment funds, and investment advisors.

Corporate Management

The MBA in management is a widely used concentration in public, non-profit, and private sectors. Management is a broad field that combines with other disciplines such as data analytics, planning, and strategic management. Management is an interdisciplinary focus that also matches well with other fields such as insurance, health insurance, and risk management. Taxation is a major field that attracts many employers; mastery of the tax codes and complex rules and procedures is a favorable mix with management concentrations.

Information Technology

Managing information is a critical process in nearly every organization. Information and the uses of information may form essential parts of an organizations mission. Cybersecurity concerns are intertwined in Information Technology. Safekeeping data is a significant challenge in today’s global business environment.

Accreditation in New York

Accreditation is an essential feature for applicants. The degree is worth much more when the school has full accreditation. Luckily, this is not an issue in New York, but you still need to understand the types of accreditation. There are two distinct types of accreditation and applicants must be sure to know the difference. First, the regional or national accreditation applies to the entire institution and all of its schools or divisions. This type of accreditation is important as it identifies the schools in the mainstream of education in the state of New York. Regional accreditation is the stronger type of institution-based accreditation. Regional accreditation digs deep and can have more meaning to reviewers than national accreditation. In the New York region, the leading institutional accreditation agency is the Middle States Commission on Higher Education (MSCHE).

The second type is program accreditation; this is a detailed accreditation of a single program such as the MBA program. The leading agency for MBA programs is the IACBE (International Association of Colleges of Business Education). The state of New York has an additional accreditation requirement from the NY Department of Education. Online MBA programs require an authorization from the NY Department of Education, Office of College and University Evaluation.

CAREER AND JOB OUTLOOK FOR GRADUATES

Top Employers in New York State

Company Industry Headquarters City Number of Employees
SUNY Education Albany, NY 50,000
Sutherland Global Svc Inc Consultation Pittsford 32,000
NY Presbyterian Hospital healthcare New York 20,834
Gate Gourmet Inc food service Inwood 20,000

EARNING POTENTIAL WITH AN MBA IN New York

Top MBA Careers in New York

Many businesses depend on data, and for some businesses data is their primary asset. Managing modern information technology is a critical function in small, medium, and large organizations. Business data analytics prepares students to organize and develop complex data processes using state of the art systems.

An organization achieves its goals by efficiently carrying out functions and processes. These operations need skilled management that can work with modern tools and systems. Marketing education teaches students to reach the goal of identifying customers and fulfilling those customers needs.

The business case for sustainability involves efficiency and increasing profits by decreasing wasted resources. It speaks to issues of social responsibility and contributes to the achievement of the overall organizational goals. In regulated or monitored environments, such as energy production, sustainability takes on an added dimension of accountability.

Healthcare is an important and growing business in New York state. Healthcare is heavily regulated and involves federal, state, and private payers. Managers must observe compliance with regulations including medical records privacy.

The accounting function is at the core of nearly every business. Some organizations face complex investment, valuation, and taxation problems. Accountants must keep the company squarely within the accepted principles for a business organization.

Federal and international rules require businesses to combat money laundering, terrorism, and criminal activity within their own organizations. Compliance officials review organization procedures and processes to ensure compliance with applicable rules. Violations of rules can result in severe penalties, fines, and criminal prosecution.

TOP ONLINE MASTERS PROGRAM CHOICES

Location:

Hempstead, NY

Tuition:

$ $ $ $ $

  • Hofstra_University
  • Tuition

    43,960

  • % receiving financial aid

    53% overall

  • Student population

    3,990 (36%)

  • Public or Private

    Private

Location:

Syracuse, NY

Tuition:

$ $ $ $ $

  • syracuse_university
  • Tuition

    84,186

  • % receiving financial aid

    55% overall

  • Student population

    6,593 (30%)

  • Public or Private

    Private

Location:

Albany, NY

Tuition:

$ $ $ $ $

  • ExcelsiorCollege
  • Tuition

    23,220

  • % receiving financial aid

    8% overall

  • Student population

    3,388 (8.6%)

  • Public or Private

    Private

Location:

Rochester, NY

Tuition:

$ $ $ $ $

  • Rochester_institute
  • Tuition

    78,000

  • % receiving financial aid

    61% overall

  • Student population

    3,097 (22.8%)

  • Public or Private

    Private

Location:

Jamaica, NY

Tuition:

$ $ $ $ $

  • saintjohns_logo
  • Tuition

    43,740

  • % receiving financial aid

    56% overall

  • Student population

    4,647 (28%)

  • Public or Private

    Private

HOW TO CHOOSE THE BEST MBA PROGRAM

Introduction

Selecting an Online MBA program represents a substantial commitment of time, finances, and effort. The term of study will range from one to eight years depending on the program. As a full or part-time distance student, you will have to mesh the demands of studies with other parts of life including business, work, and family obligations.

Time management may be a major concern and candidates must be sure that there are resources in place to manage all the extra obligations that they will have to handle. There are also technical considerations, such as the connectivity required to maintain contact with the programs online portal. While online study offers the advantage of access at any time of the day or night, some programs have participation-type formats that require attendance during specified days and times.

1

Relate the MBA to Career Goals

The MBA online may cost less than a full-time effort on the campus of a leading university, but it is a difficult and demanding task. The costs of education may be less than on-campus education, but it may require an investment including borrowing and incurring a significant amount of debt over the course of a two to four-yearperiod. Given the costs, effort, and sacrifice of resources, it is essential to connect the MBA with your career goals. The school selected should offer courses and concentrations in your area of interest. The school and faculty should have a favorable reputation and the economic and educational attainments should justify the costs.

The candidate should relate the selection of the MBA program to career goals at many levels. The location of a school in the NY City area would indicate a higher than average salary range. The resources of the selected school should contribute to the career goals. These include libraries, publications, and conferences. Schools with a broad and active alumni base offers distinct advantages for networking and referrals. Schools with influential faculty provide an additional type of acceptance in the business community. Leading faculty may be thought leaders in a given business, industry, or profession.

2

Check on Accreditation

Accreditation is an essential ingredient in the value of your MBA. Accreditation indicates broad acceptance of the degree and the educational achievement that it represents. The State of New York has performed part of this task for all applicants. State rules require accreditation for all MBA programs offered in New York. The International Accreditation Council for Business Education (IACBE) and the Accreditation Council for Business Schools and Programs (ACBSP) are the leading accreditation agencies for business schools in New York. Applicants should determine that the school holds a certification by one of the leading accreditation agencies.

3

Examine Other Student Experiences

Student experiences and student educational outcomes are useful measures that MBA candidates should consider. Candidates can look at graduation rates, rates of employment, and types of employment after graduation. On the finance side, data about the level of debt for graduates is a significant consideration. Some schools with similar tuition rates may have very different levels of student expenses. The levels of debt are important and so too are the employment rates and levels of income for graduates.

Talk to Alumni if possible. Alumni offices and associations may facilitate contacts with graduates such as social events or other gatherings. Candidates can project into the future by considering the career paths of graduates of the MBA program.

4

Planning for Success

For some candidates, the goal of the MBA is to get a better job and embark on a career path. Some candidates have strong ideas about the type of post-graduate employment they seek. Concentrations can enable a better set of career choices by providing a strong base of knowledge and practical experience. Coursework can create an impressive degree of knowledge. The concentration can lead to internships or other types of placement with organizations in the desired line of business or professional field.

MBA programs sometimes require or permit credit for capstone projects. These agreed projects can support internships or other placement arrangements with organizations in the New York area. An applicant that plans to work in a particular type of business can look for placement opportunities in that industry. MBA programs maintain relationships with many businesses and many alumni support this type of interaction.

5

Look for Employer Support

MBA candidates that have employment at the time of application or afterward should explore financial assistance from their employer or a related group such as a business association or labor organization. MBA candidates can get grants, scholarships, and tuition reimbursement from one or more job-related sources. Many large and medium companies have standing policies that encourage efforts at continuing education and degree programs particularly in areas of interest to the company.

Many companies recognize the value of education for their employees. An employee that attains coursework and degrees in business adds value to the workforce and potentially makes the company stronger. For the company’s benefit, many employers offer financial support and other allowances to help employees attend classes and complete an MBA. Some employers might grant requests to modify hours of attendance and schedules to accommodate study and examinations. Similarly, business associations, labor organizations, and employee associations may offer benefits for employees attending an online MBA program.