Set within a metropolitan corridor near Boston, New York, and the District of Columbia, Connecticut brims with business opportunities. The state also ranks among the best educated in the nation and boasts some of the country's finest colleges, many of which offer online MBA programs.

With easy access to some of the nation's biggest business centers -- and some of the country's best schools -- Connecticut is an exceptional environment for students seeking their master's in business administration. Future business leaders considering an online MBA in Connecticut can pick from among a half dozen universities. This guide provides useful information to help you select a great online MBA program in the state.

Online MBA Programs in Connecticut

When looking for an MBA program, students should consider how much time and money they can spend pursuing a degree as well as which schools best meet their academic and career goals. Choosing a program that is accredited is also vital because it ensures that the school maintains high standards, as outlined by its regional accrediting body. The following is a list of accredited schools for individuals interested in earning an online MBA in Connecticut.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description
Albertus Magnus College
Location New Haven , CT Tuition $$$$$ % Receiving Financial Aid 80 Student Population 1,515 Tuition $40,848 School Type Private

The MBA program at Albertus Magnus College in New Haven, Connecticut, provides a flexible online or blended learning option to meet diverse needs and schedules. Each class spans an eight-week term, with five program start dates available throughout the year. The completely online program includes two live class sessions per week, with all other work provided asynchronously. The blended learning option includes one on-campus session, paired with a weekly online project or assignment.

This online MBA in Connecticut consists of 48 credits, including 39 core and nine elective credits. Example core classes include information systems for managers, marketing concepts and strategies, and global management. Electives align with one of three areas of emphasis: organizational development, entrepreneurial development, or operations management. Students must also complete a strategic management capstone to graduate. Albertus Magnus accepts up to six accredited graduate hours from another business program; credits must be earned within five years of starting the MBA program.

Concentrations
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University of Bridgeport
Location Bridgeport , CT Tuition $$$$$ % Receiving Financial Aid 71 Student Population 5,433 Tuition $28,980 School Type Private

University of Bridgeport offers a top online MBA in Connecticut, with concentrations in analytics intelligence, human resources management, or general management. The 36-credit program consists of 18 core, nine concentration, and nine capstone credits. Students without an undergraduate degree in business may complete up to 12 credits of prerequisite courses before starting the MBA program. Core coursework offers advanced coverage of areas like marketing and branding; information systems and knowledge management; and organizational behavior. Students can complete two concentrations by completing an additional three courses.

The final set of capstone courses provide students with multiple opportunities to synthesize their knowledge and skills. Final projects include creating a business plan for an entrepreneurial venture, producing a formal business proposal for improving a company's operations, and crafting a personal strategy for a career path after graduation. Students must have a 3.0 GPA at minimum during the program to earn their degree.

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University of Hartford
Location West Hartford , CT Tuition $$$$$ % Receiving Financial Aid 69 Student Population 6,912 Tuition $35,445 School Type Private

University of Hartford offers a top Connecticut online MBA program through its Barney School of Business. Available in a 100% online or blended format, the MBA program provides students the flexibility of switching between the two options based on a student's schedule. To complete the degree, students take 27 credits of core courses and nine credits of electives for a chosen concentration. Core coursework covers a broad variety of management and leadership content, with classes like marketing management and organizational leadership. MBA concentrations include healthcare management, international business, and business analytics, among others.

Students can receive a GMAT or GRE waiver with evidence of earning a bachelor's degree within the past decade and graduating with a GPA of 3.33 or higher; showing proof of earning a different accredited graduate degree; or five years of relevant professional experience. Students with three to five years of business experience can also request a GMAT waiver interview.

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Quinnipiac University
Location Hamden , CT Tuition $$$$$ % Receiving Financial Aid 61 Student Population 9,654 Tuition $42,550 School Type Private

The online master of business administration at Quinnipiac University offers four tracks of study: finance, health care management, supply chain management, or a customized concentration. All concentration options require the completion of 46 credits. Credits are divided into 25 credits of core courses, three credits of a decision making tool class like business decision analysis, and 18 credits of electives. Students opting for a customized concentration choose from a broad range of business domains, including computer information systems, marketing, and international business. This MBA in Connecticut offers online students an optional, three-credit experiential course abroad.

Prospective students must provide at least three letters of recommendation, including one professional recommendation; a letter of intent; and GMAT or GRE test scores. Students may request a test score waiver with evidence of another graduate degree earned within 10 years of application to Quinnipiac; the completion of at least five years of relevant business experience, with progressing levels of responsibility; or one or more qualifying business certifications or licenses.

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Post University
Location Waterbury , CT Tuition $$$$$ % Receiving Financial Aid 83 Student Population 7,429 Tuition $26,280 School Type Private

Post University's online master of business administration provides a core curriculum that encourages innovation and effective decision-making in areas like organization dynamics, project management, and financial modeling. Among the seven offered concentrations are specific options like marketing and corporate finance, as well as broader choices like corporate innovation and project management. Students can also choose a multidisciplinary concentration, which students build around their specific career goals.

The MBA program requires at least three years of experience to apply. While a minimum GPA of 3.0 in undergraduate studies is preferred, applicants who earned less than a 3.0 can apply with a letter of recommendation, a personal statement, and permission from the dean. This leading online MBA in Connecticut holds accreditation by the Accreditation Council for Business Schools and Programs. Graduate students may transfer up to nine qualifying credits toward degree requirements. Veterans or students with military training may also request a review of their service transcript for potential credit transfer.

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Why Consider an Online MBA in Connecticut?

Online education is growing and prospering in Connecticut. According to the 2017 Distance Education State Almanac, the number of students taking distance courses in Connecticut grew by almost 20% between 2012 and 2017 -- a number that far outpaces the national average. Graduate education is one of the biggest growth areas among the state's online colleges and universities. Students pursuing an online education often pay lower tuition rates than on-campus learners, and they may never need to visit campus. Many students can complete their whole program from the comfort of their home.

Number of Students Enrolled in Distance Education (2015)

Undergraduate Graduate
Any Distance 28,613 6,281
Exclusively Distance 12,559 4,141
On-Campus 151,398 32,466
Source: Distance Education State Almanac 2017: Connecticut

Distance Enrollment by Institution Type (2015)

All Students Graduate Students Enrolled in Any Distance
Private for-profit 8,185 612
Private not-for-profit 71,715 4,287
Public 120,664 1,382
Source: Distance Education State Almanac 2017: Connecticut

MBA Concentrations for Connecticut Students

Connecticut earned a reputation more than a century ago as being the "Insurance Capital of the World," and insurance currently ranks among the state's largest industries. These days, the state is also a leader in digital media, finance, bioscience, healthcare, advanced manufacturing, and green technology. Web-based schools in the state offer specializations in several of these areas.

Students earning an online MBA in Connecticut should consider focusing their degree in one of the concentrations listed below. While nothing guarantees a job upon graduation, having a specialty can give you a competitive advantage.

  • Finance: A finance concentration may be the most marketable specialty in Connecticut. Learning about investments, portfolios, and financial accounting prepares you to work in one of the state's hottest sectors, while also setting you up to take a job anywhere. Virtually every company needs help making financial decisions.
  • Healthcare Management: The healthcare industry is thriving in Connecticut and across the country. This is one of the busiest industries in the state, and a concentration in this field can prepare students for successful careers after graduation. The skills you acquire in a healthcare management specialization can transfer to other areas, too.
  • Management: A management concentration focuses on the administrative end of business, providing a solid foundation for moving into many of Connecticut's busy sectors. Companies everywhere require sound leadership and individuals with executive skills. This holds true in insurance, digital media, advanced manufacturing, and many of the state's other top industries.

Accreditation in Connecticut

The best online MBA programs in Connecticut are offered by accredited institutions. These schools have met strict academic and ethical standards set by quality control organizations known as accrediting bodies. A school may be regionally or nationally accredited; most nationally accredited schools are for-profit vocational or technical institutions, while nonprofit schools typically earn regional accreditation.

Of the two types, regional accreditation is generally considered more prestigious. Credits earned at a nationally accredited school are less likely to transfer than those earned from regionally accredited institutions. If you want to improve your career prospects by pursuing an online MBA, Connecticut is home to many regionally accredited institutions.

Connecticut Economy, Career, and Job Outlook for MBA Graduates

Connecticut added more jobs in 2018 than it did in any single year over the past several decades, according to an article in the Hartford Courant. Many of the 26,300 jobs added in 2018 came in finance, health services, manufacturing, and transportation.

The unemployment rate for Connecticut in September 2017 was 4.6%.

Prior to 2018, Connecticut wrestled with taxes, fluctuating markets, international trade, and other factors outside of the control of the state's economic leaders. Some of the more fragile markets declined in the face of pressures from abroad. However, many of Connecticut's business leaders predict continued job growth over the next few years, propelled by a well-educated populace; a vibrant aerospace industry; and the continuing strength of sectors like healthcare, finance, tech, and insurance.

In a state where almost 40% of the workforce holds a college degree, it may be especially beneficial to pursue an advanced degree -- such as an online MBA.

Company Location Main Industry Number of Employees
Yale-New Haven Hospital New Haven Healthcare 11,530
Yale University New Haven Education 9,000
Pratt and Whitney East Hartford Aerospace 8,000
Source: Career Info Net

Earning an online MBA in Connecticut can prepare you to work for the companies mentioned in the above table. A degree with a healthcare concentration, for example, can prepare you to work for the state's single largest employer. The strong decision making and problem-solving skills you learn in an online MBA program can translate to great success in the workforce, whether you work in education in New Haven or aerospace in East Hartford.

Earning Potential with an MBA in the State of Connecticut

Connecticut boasts a particularly well-educated workforce. According to the U.S. Census Bureau, more than 90% of individuals over the age of 25 have graduated from high school and 38% hold a bachelor's degree or better. Earning a master's degree can help set you apart. In addition to making it easier to land a job, your earning potential should also increase.

The average per capita income in Connecticut sits around $41,000. People with graduate degrees in business earn more than twice that figure, as the table below indicates. The median salary for someone with a master's in business management in Connecticut is above $90,000, representing an excellent investment.

Salary for Graduate Business Majors (2015)

Major Median Annual Salary
Business Management and Administration $92,000
Business Management and Administration $101,000
Source: Center on Education and the Workforce

Careers for MBA Grads in Connecticut

Medical and Health Services Manager

Medical and health services managers serve in administrative roles in the healthcare system. They might manage an entire facility or a single department, directing care, setting budgets, and overseeing personnel in places like hospitals, clinics, and private offices. Some work in a similar capacity for large corporations.

Median annual salary: $99,730


Financial Manager

The financial manager of a company makes executive decisions on financial matters and determines how an organization spends its money. These workers set budgets, run portfolios, and make sure a company's books align with their priorities and goals. These skills are in high demand in Connecticut's finance sector.

Median annual salary: $127,990


Financial Analyst

Financial analysts study a company's financial portfolios and advise decision makers about the best courses of action. They analyze markets, recommend investments, propose sales, and devise budget strategies. Many work for large corporations, while others provide council to individual investors.

Median annual salary: $85,660


Insurance Underwriter

Insurance is one of the largest sectors in the Connecticut economy. Underwriters work with individuals and companies to determine appropriate policies, analyze coverage, and set premiums. They study risk and return and make decisions on whether to extend coverage.

Median annual salary: $69,380


Top Executive

Top executives run companies, setting the tone and direction of businesses of all sizes. They manage budgets, personnel, and production, providing leadership to an organization.

Median annual salary: $104,980

How to Choose an Online MBA in Connecticut

There are many important considerations to make before settling on an online MBA program in Connecticut. These include the factors discussed above, like cost, accreditation, and available specializations. The following list includes some key steps to follow during the program research process for MBA options in any state.

  • Compare student outcomes data

    Student outcomes include graduation rate, year-to-year retention rate, the average debt for a graduate from that school, and overall student satisfaction with their degree program. Student outcomes do not guarantee you will be satisfied with a particular program, but can be useful for pinpointing a school's strengths and weaknesses.

  • Estimate the expected costs of your programs

    Virtually every accredited college or university posts tuition rates online. Additionally, you should research other college-related costs like living accommodations and meal plans (if you plan to live on-campus), administrative fees, and technology fees (for online students). You should also look into scholarships, grants, and other forms of institutional financial aid that can offset some of the costs.

  • Check that classes will fit in with your schedule

    Scheduling is critical for students with other important commitments, such as childcare or full-time employment. Many online programs are asynchronous, or self-paced; students in these tracks are free to complete course requirements on their own schedule. Synchronous programs, on the other hand, require weekly online meetings with teachers and fellow students.

  • Look for partnerships with local businesses

    A large number of online MBA programs include internship and/or capstone practicum requirements ― and in many cases, students are able to gain on-the-job training and real-world office experience. You should look into the school's business partnerships, particularly in regard to the industry you plan to enter after earning your MBA.

  • Make sure the program is accredited

    Accreditation status should always be available and easily accessible on a school's website. In addition to regional or national accreditation, some MBA pathways receive programmatic accreditation. Recognized programmatic accreditors for MBA programs include the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Counsel for Business Education (IACBE).

  • Talk to current students and/or recent alumni

    You should contact the alumni office at each school you are considering and ask to be connected with former students. These individuals can be good sources of information about education costs, life on- and off-campus, local business tips, and other important details for aspiring MBA students.

Online MBA Programs in Surrounding States

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