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The University of Delaware is accepting applications for a new online MBA that will begin in March.

This Delaware institution of higher education’s program requires 48 credit hours, which are separated into eight, seven-week terms. The online program is designed to mirror other MBA programs already offered by UD’s Alfred Lerner College of Business and Economics.

“This is not a diluted product, half an MBA or MBA ‘lite,’ but a full MBA tailored to the needs of a different target audience and offering the same quality Lerner College MBA that our residential students receive,” Bruce Weber, dean of the Lerner College, said in a press release .

Schools: Online MBA Profiles | Guide: Getting Started With Your MBA | Database: Search Best Online MBA Programs | Research: MBA Concentrations | Video: One Minute MBA

The Lerner School is accredited by the Association to Advance Collegiate Schools of Business (AACSB). The University of Delaware has been ranked 75th among the nation’s best universities in 2012 by U.S. News & World Report and also ranked the Lerner College’s part-time MBA as fifth in the Mid Atlantic region and 21st nationally in 2011.

Follow Elise Rambaud Marrion on Twitter @emarrion_cmn.