Michigan Technological University
Campus: Houghton, Michigan
Base Program Cost: $41,000
Per Credit Hour: $911.00
Minimum Credit Hours: 45
GMAT Required: Yes
Minimum Time Commitment: 24 months
Online Concentrations: Innovation and Technology Management
On Campus Requirement: Yes. The Tech MBA Online program requires three brief residencies, including one week-long international residency.
Michigan Technological University – more commonly known as Michigan Tech or MTU – is a public research university that was founded in 1885. The college was established in response to a workforce gap that demanded more engineers to run the local copper mines. Today, MTU’s campus is widely comprised of engineering students; although the university offers 130 degree programs.
The Michigan Tech Online MBA program is structured over a two-year period. The courses of the program are designed to teach students how to navigate, manage and grow businesses within a fast-paced and rapidly changing environment. To support professional development, the program offers a communications coach and various networking experiences.
The Michigan Tech Online MBA program is accredited by the Association to Advance Collegiate Schools of Business. Among the academic community, the AACSB is regarded as the benchmark for business school quality. The mission of the AACSB is to advance quality management education on a global level through accreditation standards and thought leadership.
At Michigan Tech, the online MBA program is carefully mapped over two years. Program residencies are held each August – the summer before classes officially begin, one in between the first and second years, and the final one after the courses have been completed. A unique benefit of this program is Michigan Tech’s commitment to career coaching and job placement services.
The online MBA program at MTU concentrates on providing students with a solid understanding of business disciplines, but goes one step further to ensure that students are prepared to adapt and evolve in today’s fast-paced and constantly evolving economy. In accordance with current business trends, the program focuses on managing innovative products and navigating global networks. The program also teaches the importance of balancing financially sound decisions with sustainable practices.
No previous work experience is required in order to apply for the Michigan Tech online MBA program. Academic requirements are as follows:
- Completed graduate application form
- Statement of purpose
- GMAT: preferably in the 50th percentile or higher
- Two letters of recommendation
- Official transcripts*
- Academic prerequisites: Statistics and Economics
- TOEFL: Recommended score of 95 iBT
*Students who are admitted to the program generally hold a GPA of 2.9 or higher on a 4.0 scale.
Tuition and Financial Aid
The base cost for the Michigan Tech online MBA program is $41,000, which is divided evenly over six semesters. These costs cover tuition as well as hotels and select meals during the mandatory residencies. Please note that students are responsible for the additional expenses of travel for residencies, as well as books and other supplies.
Financial aid information can be found on the Michigan Tech website, including links to FAFSA. The financial aid site also offers notifications of scholarships and explains additional costs that may be incurred while studying at MTU. Students are urged to check the site regularly for reminders, tips and notifications related to financial aid.