Percentage of students enrolled in online programs in New York

MBA Concentrations

A concentration adds info to the main classes you usually take for a general MBA. It may also add a few months to even a full-time MBA program depending on what specialization you are interested in. However, online programs are designed to be flexible and easy accessibility to most means you can apply to earn your degree part-time, dependent on your schedule, and not worry about taking a bit longer to finish. You will need to note which concentration you are interested in upon admission to a program. Some concentrations that are offered across the US include business analytics, entrepreneurship and innovation, international business, and more. Some of the specializations offered in New York can be seen below.

Human Resources

Nearly every company has a central role for human resource professionals. An 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 day to day business.


International Business

The global economy has global scale challenges such as 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 up with other fields such as insurance, health insurance, and risk management.


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 has long been 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 divisions. This type of accreditation is important as it identifies the best schools in 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 agencies for MBAs are the IACBE (International Association of Colleges of Business Education) and the Association to Advance Collegiate Schools of Business (AACSB). New York also has an additional accreditation requirement from the NY Department of Education. Online MBAs require an authorization from the NY Department of Education, Office of College and University Evaluation.

Whatever you do, don’t skip checking for a school’s accreditation. It can affect your ability to transfer credits, gain federal financial aid, and more. A school’s accreditations should be listed on their site or the pertinent accrediting association’s site.

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.