University of Louisiana at Monroe
Campus: Monroe, Louisiana
Base Program Cost: $15,195
Per Credit Hour: $506.50
Minimum Credit Hours: 30
GMAT Required: Yes
Minimum Time Commitment: 24
Online Concentrations: General
On Campus Requirement: No
University of Louisiana at Monroe is located on a 238-acre campus in Monroe, La. The university has an enrollment of more than 8,500 students and prides itself on individual attention and the rigor of its academic programs. The University of Louisiana at Monroe online MBA program is a 30-39 hour degree program that is geared toward enhancing business opportunities and earning power.
University of Louisiana at Monroe’s business program is accredited by the Association to Advance Collegiate Schools of Business (AACSB). The AACSB is an international nonprofit organization with members including academic institutions and businesses dedicated to the improvement of business education. University of Louisiana’s online MBA program also falls under this accreditation.
Students entering the ULM online MBA program must have already passed the equivalent of accounting 2012 and 2013, or 5002, economics 2001 and 2002, or 5002, finance 3015, management 3001 and 3009, marketing 3001, and quantitative methods 2010. Students can also prove readiness by passing proficiency examinations in these areas. The complete online MBA program consists of 10 courses: business and its environment, management information systems, research and presentations, economic environment, accounting analysis, financial analysis, marketing strategy, organizational theory, international business, and strategic management.
The admission requirements for the online MBA program are as follows:
- Bachelor’s degree from a regionally accredited institution
- GPA of 2.5 based on a 4.0 scale
- Minimum GRE (verbal + quantitative) score of 750 or GMAT of 450
- Minimum formula score of 1875 (GPA * GRE) or 1000 (GPA * 200 + GMAT)
- Letter of recommendation from current or past supervisor
- Minimum three years work experience
- Application essay
- Microsoft Office, high-speed Internet, computer with audio and video capability, and a headset and webcam
Students who do not meet each of these requirements, namely the GMAT or work experience requirements, can submit an appeal or apply for conditional admission.
Tuition and Financial Aid
All students can apply for financial aid by completing a FASFA. Students can qualify for federal aid in the form of Pell Grants, Federal Supplemental Educational Opportunity Grants, and Louisiana Go Grants. They can also qualify for subsidized and unsubsidized loans, alternative loans, and federal work-study. The online MBA program at this school costs the same as an on-campus program, though out-of-state distance students will not have to pay an out-of-state fee. With the MBA Professional program, an online degree from ULM will cost about $3,774 per semester.