Colorado Technical University
Campus: Denver, Colorado
Base Program Cost: $28,080
Per Credit Hour: $585
Minimum Credit Hours: 48
GMAT Required: No
Minimum Time Commitment: 24 months
Online Concentrations: Executive Master of Business Administration, Accounting, Environmental and Social Sustainability, Finance, Healthcare Management, Human Resource Management, Logistics and Supply Chain Management, Marketing, Mediation and Dispute Resolution, Operations Management, Technology Management
On Campus Requirements: No
CTU has been providing career-focused students with a higher education since 1965 when its first campus was established in Colorado Springs. Today, CTU maintains five different campuses as well as an online school, which strives to provide industry-current degree programs for students who find it impractical to attend a traditional college campus. CTU online offers associate, bachelor’s, and master’s degree programs in business and management, criminal justice and public administration, engineering and computer science, health sciences, and information systems and technology. The online master’s degree in business administration is designed to provide students with a diverse set of skills pertaining to business practices and management.
CTU has been institutionally accredited since 1980 by the Higher Learning Commission. The Higher Learning Commission has accredited degree-granting post-secondary educational institutions within the North Central region since 1895. This commission is one of two members of the North Central Association of Colleges and Schools, which is one of six regional institutional accreditors in the country. This association is recognized by the U.S. Department of Education as a reputable evaluator of post secondary institutions’ educational quality.
There are various degree options for students at CTU, including a variety of respected master of business administration programs. CTU offers the following MBA options to help students advance in their business career:
- Executive Master of Business Administration (MBA)
- Master of Business Administration (MBA)
- Master of Business Administration (MBA): Specializing in Accounting
- Master of Business Administration (MBA): Specializing in Environmental and Social Sustainability
- Master of Business Administration (MBA): Specializing in Finance
- Master of Business Administration (MBA): Specializing in Healthcare Management
- Master of Business Administration (MBA): Specializing in Human Resource Management
- Master of Business Administration (MBA): Specializing in Logistics and Supply Chain Management
- Master of Business Administration (MBA): Specializing in Marketing
- Master of Business Administration (MBA): Specializing in Mediation and Dispute Resolution
- Master of Business Administration (MBA): Specializing in Operations Management
- Master of Business Administration (MBA): Specializing in Technology Management
These types of degree programs help students build a business foundation that will prepare them for management positions in a variety of industries. Students gain a thorough understanding of business practices through courses such as Strategic Management in Dynamic Environments, Applied Managerial Economics, Applied Managerial Accounting, Applied Managerial Marketing, and Applied Managerial Decision Making, and Leadership and Ethical Decision Making. In addition to core courses, students will be required to complete courses specific to their chosen specialization, to develop their expertise within that area.
With an online education from CTU, students have a flexible school schedule. Courses can be worked on at any time, as long as an Internet connection is available. In fall 2009 this online school’s graduate student population consisted of 2,765 students, all of which were enrolled full-time, according to College Navigator. Most of the students enrolled at CTU’s online school are career-driven professionals who desire to advance their credentials to establish themselves and advance within their industry.
If you want to apply for one of CTU’s MBA programs, you must be able to provide the following items:
- A completed online admission application from the school
- $50 application fee
- Personal telephone interview with an Admissions Representative
- High school or GED transcript
- An official baccalaureate transcript from an accredited institution
- Proof of an accumulative GPA of at least 2.0 on a 4.0 scale
- English proficiency examination results (for non-English speakers)
CTU has an open admissions policy, meaning that if students meet all of the minimum requirements and submit all documentation completed and on time, they are likely to be granted admission into the school. Although CTU generally abides by this policy, they may exercise selective admission when it comes to some programs and admission may be a little bit more difficult to achieve. The admissions process can take anywhere from four to seven days, depending on how soon the telephone interview is conducted and all required application documents are submitted. Since the university functions on a quarterly schedule, students who missed one round of applications should be able to apply during the second round without any problems. In order to graduate a student must maintain a 3.0 CGPA, this ensures that every graduate is capable of conducting business practices and has adequately met the learning objectives of their MBA program.
Tuition and Financial Aid
An MBA program from CTU has a base program cost of approximately $28,080, as it consists of about 48 credit hours which are $535 per credit hour, according to the school’s tuition schedule. CTU offers a single price for the total cost of education which includes all resources and materials students will need to complete their degree program. Financial aid is available to all students attending CTU including loans, grants, and scholarships. MBA students can submit a FAFSA application through the official FAFSA website for federal aid. Depending on a student’s current employer, they may be able to reduce their overall cost through tuition reimbursement. CTU has an Educational Partners Program which works with large companies and organizations to determine education benefits and tuition reimbursement programs.
Why Colorado Technical University?
CTU has taken steps to ensure that the business education they provide will translate to the business world. First, the master’s degree programs have been aligned with the American Management Association. This association supports individuals and organizations in business-related professional development, skill advancement, and performance improvement. Second, CTU is a Project Management Institute (PMI) Recognized Education Provider, meaning that its programs are designed to appeal to the current business market with concentrations in areas that are expected to increase and create a demand for qualified professionals, such as finance, accounting, and business and management. Third, CTU’s finance programs are in accordance with the standards set by the Chartered Financial Analyst Institute and its accounting programs are aligned with the standards set by the American Institute of Certified Public Accountants. Along with online options, campus-based schooling is also available at CTU at any of their five campuses in Colorado Springs, Denver, Kansas City, Pueblo, and Sioux Falls.
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