Campus: Minneapolis, Minnesota
Base Program Cost: $29,880
Per Credit Hour: $830
Minimum Credit Hours: 36
GMAT Required: No
Minimum Time Commitment: 24 months
Online Concentrations: Generalist/Electives, Accounting for Managers, Corporate Finance, Entrepreneurship, Healthcare Management, Healthcare System Improvement, Human Resource Management, International Business, Leadership, Marketing, Project Management, Risk Management, Strategies for Sustainability, Technology Management
On Campus Requirements: No
Walden University was founded in 1970 by two teachers who were looking for a way to provide working adults with the ability to pursue doctoral degrees while maintaining their jobs. Aware that there was a lack of options for adults who wanted to seek higher education but were not able to adapt to the structured schedules of most traditional universities, the founders came together with a unique idea: a student-centered university. Walden University offers bachelor’s degrees, post- baccalaureate certificates, master’s degrees, post-master’s certificates and doctoral degrees. It confers MBAs in 13 specializations. The entire curriculum of the university is centered around empowering and educating adults to enact positive social change.
Walden University is accredited by the North Central Association of Colleges and Schools through The Higher Learning Commission, which is recognized by the Council for Higher Education Accreditation and the U.S. Department of Education as a reputable source for standards on the quality of institutions of higher learning in the United States. Walden University has been accredited by the HLC since 1990. Walden is also a member of 46 schools accepted into the Academy for Assessment of Student Learning, sponsored by the HLC. Institutions that have been accepted into the academy work together to share innovations and best practices in the assessment of learning outcomes.
Walden University offers the following MBA degrees:
- Master of Business Administration (MBA): Specializing in Corporate Finance
- Master of Business Administration (MBA): Specializing in Entrepreneurship
- Master of Business Administration (MBA): Specializing in Health Care Management
- Master of Business Administration (MBA): Specializing in Health Care System Improvement
- Master of Business Administration (MBA): Specializing in Human Resource Management
- Master of Business Administration (MBA): Specializing in International Business
- Master of Business Administration (MBA): Specializing in Leadership
- Master of Business Administration (MBA): Specializing in Marketing
- Master of Business Administration (MBA): Specializing in Project Management
- Master of Business Administration (MBA): Specializing in Risk Management
- Master of Business Administration (MBA): Self-Designed Specialization
- Master of Business Administration (MBA): Specializing in Strategies for Sustainability
- Master of Business Administration (MBA): Specializing in Technology Management
Regardless of specialization, the MBA program at Walden University will instill in students the ability to enact positive change through applying business strategies that promote the dignity and development of individuals and the community at large. The MBA program is developed in conjunction with industry experts, and all courses are taught by faculty who are respected and active in their fields. Many MBA students find their professors to be valuable career mentors. MBA students will take courses such as Innovation and Technology, Leading People, Business Operations in the U.S. and Abroad, and Marketing. Students also benefit from industry expertise from university scholastic contributors such as Fritz Attaway, executive vice president and Washington general counsel of the Motion Picture Association of America, and Robert Herbold, former chief operating officer of Microsoft.
An MBA program at Walden University is just as rigorous and academically challenging as programs offered at brick-and-mortar institutions. The benefit to Walden students is that they are able to participate in the education in a flexible manner. There is a set course structure to every program at Walden, but students are free to complete the work in any location of their choosing and at any time, as long as they finish it within specific time frames. Class dialogue is saved online, so students can access it at any time and use it as a reference throughout the course. Tests are administered online, and papers and projects can be submitted through a virtual drop box. Students also have the opportunity to network with faculty via phone and email at any time and online with Walden students across the globe.
The admissions process at Walden University can be done online. Along with their completed online application forms, all Walden MBA candidates will need to supply the following information:
- Employment history
- Official undergraduate or higher transcripts
- A program goal statement highlighting their personal and professional goals, reasons for interest in Walden University, and any relevant academic, research or work experience
- Applicable test scores
- List of transfer credits
- $50 application fee
All candidates applying for acceptance into a Walden MBA program must have at least a bachelor’s degree. According to College Navigator, Walden has an open admission policy meaning that as long as you meet the requirements for acceptance into the MBA program, you will most likely get in. The main requirement for the MBA program is a bachelor’s degree. Beyond that, the Walden acceptance committee looks for adult learners who can benefit from an online program and have the potential to positively contribute to their classes and the field of business. Walden university carefully reviews both academic background and professional experience to determine whether an applicant would be well suited for the program.
Tuition and Financial Aid
Tuition for a Walden University MBA program comes to $830 per semester credit hour, and each program consists of 36 total semester credit hours. That comes to a total of $29,880. Fees include the cost of all required textbooks, so students should take that into consideration when comparing this tuition to that of other online MBA programs. The only additional fee that students will be charged is $80 per semester for technology. All Walden students can seek federal financial aid by submitting a FAFSA. Walden also awards university scholarships.
Why Walden University?
The great thing about a Walden MBA education is that students will receive a quality MBA degree from some of the top industry professionals while learning how to use their knowledge to make a positive difference in society.
Students begin the curriculum by developing their problem-solving skills. As course work moves along, weekly readings and assignments highlight such areas as ethical decision making, global business and managing change. Toward the end of every course, students participate in a weeklong program project that will demonstrate what they have learned through activities such as creating business plans or financial analysis. At the end of every course, students will contribute to their own Blueprint for Professional Growth, an ongoing personal project that is part of each MBA program.
According to College Navigator, there is an 80 percent retention rate for first year undergraduate students at Walden University.
Walden University is the flagship online university in the laureate International Universities network, an association of accredited universities spanning 24 countries and including more than 600,00 students. All Walden MBA students are able to participate in study abroad and student exchange activities, enhancing their global business viewpoints. More than two-thirds of Walden alumni responded that their degree programs helped them enact positive social change.
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