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Nichols College

Campus: Dudley, Massachusetts

Type: Private

Accreditation: IACBE

Base Program Cost: $21,060

Per Credit Hour: $595

Minimum Credit Hours: 36

GMAT Required: No

Minimum Time Commitment: 24 months

Online Concentrations: Finance, International Management, Marketing, Management, General Business

On Campus Requirement: No

School Site: Online MBA Overview | Tuition | Financial Aid


Founded in 1815 as the Nichols Academy, this institution of higher education is one of the oldest in the country. The school offers many diverse majors, mostly in business and liberal arts. Students are required to obtain credits in both areas of study, making the Nichols curriculum a unique balance of applicable skill and cultural appreciation. Nichols promotes itself as an extremely career-oriented school, complete with the tagline “Your success is our business.”

The Nichols College Online MBA program also takes a career-focused approach. The curriculum focuses on real-world issues that can be immediately applied to the professional world. Four-year students of the institution are allowed to participate in the accelerated 4+1 program in which an undergraduate and graduate degree are earned in five years.


Nichols College is accredited by the International Assembly for Collegiate Business Education, an agency that is recognized by the Council for Higher Education Accreditation. The IACBE evaluates schools based on eight major areas: outcomes assessment, strategic planning, curriculum, faculty, scholarly and professional activities, resources, internal and external relationships and educational innovation.


The Nichols College Online MBA program includes eight required courses and four electives in an area of specialization. Areas of specialization include Finance, International Marketing, Marketing, Management and General Business. Online courses are offered throughout the year, which lends a significant advantage to those who would like to take advantage of summer classes. Required courses are as follows:

  • Organizational Behavior
  • The Leadership Experience
  • Management Accounting and Control
  • Financial Decision Making
  • Marketing Strategies
  • Operations Management
  • Business, Government & the Global Economy
  • Strategic Management


No GMAT scores are needed in order to apply for admission to the Nichols College MBA program. The admissions process draws upon a student’s academic background and personal goals. Currently, there is no minimum GPA listed as a benchmark for acceptance into the program. Admissions requirements are as follows:

  • Completion of an official graduate application
  • Two letters of recommendation
  • Your current resume
  • Official college transcripts spanning all prior undergraduate work
  • An 800-word essay responding to three questions posed by the admissions board

The Nichols MBA program is designed to build your career without sacrificing your life.

Tuition and Financial Aid

The Nichols College Online MBA program currently costs $21,060. One of the stand-out features of the college is its commitment to helping students manage the costs of higher education. According to the Nichols College website, more than 97% of incoming students received financial assistance last year, and 95% of students received grants directly from the college. When all funding sources are considered, students at Nichols College receive an average assistance package of $27,400 per year.