Campus: Detroit, Michigan
Base Program Cost NR: $45,446
Per Credit Hour NR: $1,262
Base Program Cost R: $22,264
Per Credit Hour R: $618
Minimum Credit Hours: 36
GMAT Required: Yes
Minimum Time Commitment: 36 months
Online Concentrations: Accounting Systems, Auditing, Corporate Governance, Finance, Financial Accounting, Global Supply Chain Management, Information Systems, Internal Audit, International Business, Management, Marketing, Taxation
Campus Requirements: Yes, final exams.
School Site: Overview, Tuition, Financial Aid
Wayne State is a public research university in Detroit. This urban university, the third largest in Michigan, is highly diverse with a student body representing all 50 states and more than 70 countries. Wayne State also comprises six satellite centers throughout southeast Michigan. The magazine Campus Technology recognized Wayne State twice for innovation and best IT practices. The university offers bachelor’s, master’s, doctoral and professional degrees, as well as post-baccalaureate and post-master’s certificates. Among these programs is an online MBA option that matches the campus-based MBA program in quality and sequence. Wayne State’s School of Business Administration was founded in 1946.
Since 1915, Wayne State has been accredited by the North Central Association of Colleges and Schools, the Higher Learning Commission, which is recognized by the U.S. Department of Education as a reliable authority on higher education quality.
The online MBA option offered through Wayne State’s AACSB (Association to Advance Collegiate Schools of Business) accredited School of Business Administration is flexible, balancing convenience and academic quality. It is designed for professionals who seek a broader knowledge base in business administration, greater advancement opportunities, increased earning potential and a new level of confidence. Core requirements for the MBA program include these courses: Managerial Accounting, Corporate Financial Management, Managing Organizational Behavior, Marketing Strategy, Social Perspectives on Business Enterprise and Strategic Management. Students have the option to choose their own electives in areas such as Human Resource Management, Entrepreneurship and International Business. The online MBA equips graduates for management and other positions of leadership. Students can specialize their MBA in Internal Auditing.
With an online education from Wayne State, students have the flexibility to earn their degree on their own schedule, which is perfect for full-time workers. In fact, working professionals make up more than 90 percent of the MBA student body. With the exception of final exams, students access their MBA courses completely online.
Individuals applying for a spot in Wayne State’s online MBA program will need to have earned a bachelor’s degree from an accredited institution and will need to have maintained a cumulative undergraduate GPA higher than 2.5. Admissions staff will review your GMAT scores, GPA, professional work experience and potential leadership qualities when making admissions decisions. Application deadlines are July 1 for the fall semester, Nov. 1 for winter and March 15 for spring/summer.
Tuition and Financial Aid
Tuition at Wayne State University for graduate business students is $618 per credit hour for state residents and $1,262 per credit hour for nonresidents. About 70 percent of MBA students receive tuition reimbursement from their employers. Senior citizens are eligible for reduced tuition. Financial aid is available for those who qualify after filling out a FAFSA.
Why Wayne State University?
Aside from being regionally accredited, Wayne State maintains accreditation from the AACSB International, a membership organization dedicated to advancing excellent management education worldwide. Wayne State is committed to ensuring its MBA program is relevant to the demands of a 21st century workplace, and is regularly updating its curriculum to address the changes taking place in today’s business world. Students have their choice of participating in the program fully online, on a Wayne State campus, on Saturdays only and accelerated or part-time, providing options for those who must balance work, family and school.
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