Missouri straddles the Midwestern and Southern regions of the United States and is populated by just over 6 million people, most of whom inhabit major urban areas such as St. Louis, Kansas City, and Springfield. The University of Missouri system dominates higher education in the state with nearly 76,000 students. Missouri State University, with an enrollment of over 24,000, also ranks as an important school along with numerous private colleges. Missourians increasingly choose online programs for both the convenience and cost savings, and several high-quality Missouri online MBA options are now available.

For many online degrees, Missouri residents can take advantage of in-state tuition rates. For example, the University of Missouri offers one of the most respected online MBA programs in the state. This hybrid executive MBA is offered 75% online and can be completed in two years. Missouri State also offers an affordable online MBA program, with the same low tuition for residents and nonresidents. This program requires the completion of 51 credit hours in either standard or accelerated formats.

Although online MBA programs in Missouri allow you to study remotely, some programs involve in-person components such as orientations and seminars. For this reason, you may want to live close to campus. In Missouri, college and university campuses exist in both rural and urban areas. While larger cities are more expensive, the cost of living remains below the national average in the state as a whole.

GMAT scores are an important admissions factor for many Missouri online MBA programs. However, institutions waive this requirement in certain instances. At some schools, GRE scores can be substituted for GMAT scores. Other programs, particularly executive MBA programs, emphasize professional experience over standardized test scores and may not require the GMAT.

Percentage of Students Enrolled by Distance Education
Percentage of students enrolled at Title IV institutions in Missouri, by distance education enrollment status, Fall 2012

MBA Concentrations for Missouri Students

Since online MBA programs offer different concentration options, you should consider how your intended course of study fits within your broader career goals. Another important consideration is that certain degree concentrations are more amenable to Missouri’s native industries. If you want to become a business leader in the state, the following MBA concentrations are likely to be in high demand in Missouri in the coming years.

 

  • Finance: This concentration introduces students to financial institutions, laws, and products. The course of study also prepares students to manage investments, trade securities, and provide financial advice to individuals and companies.
  • Nonprofit Administration: Students in this degree concentration learn the ins and outs of nonprofit organization management. Courses cover subjects such as fundraising, governance and legal issues, organizational strategy, and volunteer coordination.

Accreditation in Missouri

Students researching online MBA programs in Missouri should check that the school or program they are considering is properly accredited. Accreditation is a way of ensuring that colleges uphold certain standards for academic quality. Regional accreditation is awarded to nonprofit, degree-granting institutions and applies to most public universities and private colleges. National accreditation is usually reserved for for-profit, vocational schools. Of the two types, regional accreditation is generally considered more prestigious.

Students considering online MBA programs in Missouri should be sure their school is accredited by the Higher Learning Commission, an accrediting agency recognized by the Council for Higher Education Accreditation and U.S. Department of Education. Additionally, there are forms of accreditation specific to certain disciplines. For business schools, look for accreditation from the Association to Advance Collegiate Schools of Business.

According to the Bureau of Economic Analysis, GDP reached $300.9 billion in Missouri in 2016. The state economy only grew 1.1% from 2015 to 2016, slower than the national rate of 1.5%.
However, the Bureau of Labor Statistics notes that the unemployment rate in Missouri fell to 3.8% in September 2017, lower than the national average of 4.2%.

St. Louis and Kansas City are commercial hubs where job growth remains strong, particularly in the healthcare and business service sectors. Manufacturing, once the largest source of jobs in Missouri, continues to decline in overall importance throughout the state. Agriculture drives the economy in the north of the state, while tourism thrives in the mountainous Ozark region in the south. Healthcare companies continue to grow in the central region, where emerging jobs now attract recent graduates.

Top Employers in Missouri

Company Industry Headquarters City Number of Employees
Barnes-Jewish Hospital Healthcare St. Louis 9,000
St. John’s Hospital Healthcare Springfield 8,500

The transition from a manufacturing economy to one dominated by healthcare and professional services means that there is a higher demand for MBA graduates. Not only does the state offer lucrative career opportunities, but with a low overall cost of living, MBA graduates’ salaries go further in Missouri compared to other U.S. states.

Education often translates to higher compensation in the business management field. Committed business professionals reap lifelong financial rewards for time and money invested in an online MBA in Missouri. Employees with MBA degrees also earn more than their counterparts with associate or bachelor’s degrees. Specific concentrations such as finance lead to particularly lucrative careers.

Missouri’s economy, once dominated by manufacturing, increasingly relies on professional service and financial sector activities for growth. Missouri companies need highly capable leaders and seek MBA holders for management roles. As the state economy changes, MBA program graduates can find lucrative, professionally rewarding roles at one of Missouri’s many thriving businesses.

Average Salary by Degree
Search Programs by Concentration

Careers for MBAs in Missouri

Executive

Large companies need leadership, and executives plan and direct activities to help them achieve organizational goals. Missouri’s economy, increasingly dominated by big businesses, needs highly trained executives. Executives typically earn generous compensation packages.

Financial Analyst

Professionals in this role assess investment opportunities for individuals and businesses. As the financial services sector increases in importance to Missouri’s economy, demand grows stronger for MBA graduates with concentrations in finance. This job can be lucrative, but salaries vary based on factors such as company type and market performance.

Medical and Health Services Manager

This job involves the overall management of healthcare organizations and requires understanding medical laws, markets, and technologies. As Missouri’s population ages, there are considerable opportunities for professionals in this role. Pay in this field reasonably high, and work will remain stable as current demographic trends continue.

Sales Manager

Planning and directing sales campaigns, professionals in this role drive revenue generation activities for various kinds of businesses. Sales managers often earn lucrative pay, including commissions. As Missouri’s economy changes, consumer sales opportunities are increasing, generating demand for MBA graduates who are capable of leading sales teams.

Social and Community Service Manager

This role involves the oversight of organizations and employees that provide essential social services. Missouri’s economy needs professionals to oversee its many public and community agencies. While compensation for this position tends to be modest, this job helps strengthen communities and leads to high professional satisfaction.

Prospective students interested in earning their online MBA in Missouri can choose among many quality programs. Depending on the concentration and courses you select, you can enter any number of the state’s thriving industries. To help you in your search, the list below includes only the most highly respected and accredited online MBA programs in Missouri.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description

Columbia College

Location Columbia, MO Tuition Tuition $14,940 % Receiving Financial Aid 58% Student Population 14,759 School Type Private
Concentrations
View School Profile

Culver-Stockton College

Location Canton, MO Tuition Tuition $16,500 % Receiving Financial Aid 80% Student Population 1,066 School Type Private
Concentrations
View School Profile

Fontbonne University

Location St. Louis, MO Tuition Tuition $26,208 % Receiving Financial Aid 67% Student Population 1,713 School Type Private
Concentrations
View School Profile

Lincoln University

Location Jefferson City, MO Tuition Tuition $10,476 % Receiving Financial Aid 67% Student Population 2,944 School Type Public
Concentrations
View School Profile

Lindenwood University

Location Saint Charles, MO Tuition Tuition $26,520 % Receiving Financial Aid 62% Student Population 11,620 School Type Private
Concentrations
View School Profile

Maryville University

Location St. Louis, MO Tuition Tuition $27,300 % Receiving Financial Aid 66% Student Population 6,414 School Type Private
Concentrations
View School Profile

Missouri Baptist University

Location Saint Louis, MO Tuition Tuition $21,168 % Receiving Financial Aid 34% Student Population 5,276 School Type Private View School Profile

University of Missouri

Location Columbia, MO Tuition Tuition $73,000 % Receiving Financial Aid 47% Student Population 35,424 School Type Public
Concentrations
View School Profile

Missouri University of Science and Technology

Location Rolla, MO Tuition Tuition $43,200 % Receiving Financial Aid 52% Student Population 8,886 School Type Public
Concentrations
View School Profile

Northwest Missouri State University

Location Maryville, MO Tuition Tuition $13,530 % Receiving Financial Aid 60% Student Population 6,593 School Type Public
Concentrations
View School Profile

Park University

Location Parkville, MO Tuition Tuition $18,117 % Receiving Financial Aid 46% Student Population 11,720 School Type Private
Concentrations
View School Profile

Southeast Missouri State University

Location Cape Girardeau, MO Tuition Tuition $10,725 % Receiving Financial Aid 48% Student Population 11,987 School Type Public
Concentrations
View School Profile

Missouri State University - Springfield

Location Springfield, MO Tuition Tuition $10,890 % Receiving Financial Aid 50% Student Population 22,273 School Type Public
Concentrations
View School Profile

Webster University

Location Saint Louis, MO Tuition Tuition $28,080 % Receiving Financial Aid 65% Student Population 15,256 School Type Private
Concentrations
View School Profile

William Woods University

Location Fulton, MO Tuition Tuition $11,000 % Receiving Financial Aid 61% Student Population 2,172 School Type Private
Concentrations
View School Profile

University of Missouri - St Louis

Location St. Louis, MO Tuition Tuition $15,810 % Receiving Financial Aid 41% Student Population 16,989 School Type Public
Concentrations
View School Profile

How to Choose an Online MBA in Missouri

There are many important considerations to make before settling on an online MBA program in Missouri. These include factors discussed above like cost, accreditation, and available specializations. The following list includes some key steps to follow during the program research process for MBA options in any state.

  • Compare student outcomes data

    Student outcomes include graduation rate, year-to-year retention rate, the average debt for a graduate from that school, and overall student satisfaction with their degree program. Student outcomes do not guarantee you will be satisfied with a particular program, but can be useful for pinpointing a school’s strengths and weaknesses.

  • Estimate the expected costs of your programs

    Virtually every accredited college or university posts tuition rates online. Additionally, you should research other college-related costs like living accommodations and meal plans (if you plan to live on-campus), administrative fees, and technology fees (for online students). You should also look into scholarships, grants, and other forms of institutional financial aid that can offset some of the costs.

  • Check that classes will fit in with your schedule

    Scheduling is critical for students with other important commitments, such as childcare or full-time employment. Many online programs are asynchronous, or self-paced; students in these tracks are free to complete course requirements on their own schedule. Synchronous programs, on the other hand, require weekly online meetings with teachers and fellow students.

  • Look for partnerships with local businesses

    A large number of online MBA programs include internship and/or capstone practicum requirements ― and in many cases, students are able to gain on-the-job training and real-world office experience. You should look into the school’s business partnerships, particularly in regard to the industry you plan to enter after earning your MBA.

  • Make sure the program is accredited

    Accreditation status should always be available and easily accessible on a school’s website. In addition to regional or national accreditation, some MBA pathways receive programmatic accreditation. Recognized programmatic accreditors for MBA programs include the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Counsel for Business Education (IACBE).

  • Talk to current students and/or recent alumni

    You should contact the alumni office at each school you are considering and ask to be connected with former students. These individuals can be good sources of information about education costs, life on- and off-campus, local business tips, and other important details for aspiring MBA students.

Online MBA Programs in Surrounding States