Online MBA Programs in Delaware
The list that follows includes the best online MBA programs in Delaware and will help you choose the college that best fits your career and personal interests. All listed institutions are regionally or nationally accredited.
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
University of Delaware
|Location Newark, DE||Tuition $$$$$||Tuition $35,750||% Receiving Financial Aid 52%||Student Population 22,852||School Type Public||
The University of Delaware online MBA program is one of the top Delaware MBA online programs, ranking in the top 25 online MBA programs in the U.S. The program offers six career focus paths, so students can customize their path to match their educational goals and career aspirations. Full-time students earn their degrees in just 16 months; students who complete two or three concentrations may need up to three years to finish the program. All students have access to career coaches and online tutors.
Applicants must possess a minimum 2.8 undergraduate GPA and at least two years of work experience. Delaware grants standardized test waivers to applicants who meet specific academic benchmarks. The university offers tuition assistance to military personnel and veterans. They also offer financial aid to students with excellent undergraduate GPAs. Out-of-state students pay the same tuition rate as in-state students.
|Location New Castle, DE||Tuition $$$$$||Tuition $16,776||% Receiving Financial Aid 48%||Student Population 15,002||School Type Private||
At Wilmington University, new students enter the WilmU MBA program every eight weeks. This Delaware online MBA program offers more than 10 concentrations, including nonprofit management and business technology management. Before beginning a concentration, students complete a synchronous core curriculum that stresses executive skills, analytical techniques, and professional competencies. Students who select a concentration will need to take 36 credit hours, while students who earn a traditional MBA will take 30 credit hours.
Applicants' undergraduate transcripts should demonstrate passing grades in mathematics, economics, accounting, and finance. Applicants without passing scores will need to take remedial courses, which do not confer graduate credit. Regardless of educational background, all students receive conditional admission until they complete four MBA courses with a minimum 3.0 GPA. Online students pay the same tuition rate as on-campus students.
Why Consider an Online MBA in Delaware?
Delaware's online MBA programs offer comprehensive curricula and options for specialization. The state has several business schools accredited by the Association to Advance Collegiate Schools of Business (AACSB), including the well-known Alfred Lerner College of Business and Economics.
Enrolling in an online MBA program allows students to live in more affordable areas. For example, the cost of living in the greater metropolitan area of Wilmington, where the University of Delaware and Wilmington University are located, is 8% higher than the national average, so traditional students have to pay more to live close to campus. Many online MBA programs offer in-state tuition to all students regardless of residency.
Number of Students Enrolled in Distance Education (2015)
Source: Distance Education State Almanac
Distance Enrollment by Institution Type (2015)
|All Students||Graduate Students Enrolled in Any Distance|
Source: Distance Education State Almanac
MBA Concentrations for Delaware Students
Online MBA programs often allow students to specialize with concentrations like environmental sustainability, finance, healthcare management, or international business. Delaware's top industries include agriculture, fishing, manufacturing, and mining. Thus, online MBA students in Delaware may benefit from choosing a concentration in one of these industries. Other specializations, like those below, are broadly applicable across industries.
- Human Resource Management An MBA with a concentration in human resource management teaches students how to supervise and manage an organization's human capital. They learn to write job descriptions, onboard new hires, resolve employee conflicts, and oversee employee training.
- Environmental Sustainability An MBA with a concentration in environmental sustainability prepares students to use their management skills to promote ecological sustainability and align business needs with environmental protection.
- Strategic Leadership A concentration in strategic leadership teaches students how to build teams and support networks, create and sustain change, influence others, and become effective workplace leaders.
Accreditation in Delaware
Accredited schools generally offer the best online MBA programs in Delaware. Accreditation certifies a school has met strict academic and ethical standards set by accrediting bodies. Schools may pursue national or regional accreditation; most nationally accredited schools are for-profit vocational or technical institutions, while nonprofit schools typically receive regional accreditation. Regional accreditation is generally considered more prestigious because credits earned at a nationally accredited school are less likely to transfer to other institutions.
Delaware Economy, Career, and Job Outlook for MBA Graduates
Several large companies have headquarters in Delaware, spanning industries of chemical and energy, manufacturing, financial services, and agriculture. These include DuPont, Swissport Holdings, Inc., the Chemours Company, and Mountaire Farms. The state also has a booming healthcare industry: Three of Delaware's top five largest employers are hospitals or medical centers.
Most businesses benefit from hiring professionals with managerial skills gained through an online MBA. According to the Bureau of Labor Statistics (BLS), 18,810 individuals in Delaware worked in management occupations in 2018 and that number is projected to continue growing. Job outlook for managers is expected to increase by 20% for healthcare administration, 9% for human resources, and 8% for top executives in the next ten years.
Students pursuing an online MBA degree can capitalize on this growth by obtaining the skills and knowledge necessary to run a department or organization in any of Delaware's key industries.
|Company||Location||Main Industry||Number of Employees|
|Christiana Care Health System||Wilmington||Healthcare||10,000|
|Mountaire Farms of Delaware||Millsboro||Agriculture||3,310|
Source: Career One Stop
Graduating from an online MBA program in Delaware demonstrates managerial expertise, while a specialization helps you appeal to particular industries. For example, a human resources or operations management concentration could help when applying to agricultural companies, while a concentration in healthcare administration helps with finding work in one of Delaware's hospitals or medical centers.
Earning Potential with an MBA in the State of Delaware
Graduating from an online MBA program means career advancement and increased earning potential. The table below shows median starting salaries for graduates holding an MBA, graduates with a bachelor's, and those in similar positions who worked directly within the industry. This data covers Connecticut, Delaware, Massachusetts, New Jersey, New York, Pennsylvania, and Vermont.
Median Starting Base Salary Among US Employers, by US Region
Careers for MBA Grads in Delaware
Human resources managers coordinate and direct the activities of a company's human resources department. They oversee recruitment and hiring, work schedules, compensation and benefits, and staff development and training. They also mediate disputes and serve as a go-between among employees and upper management. According to BLS data, human resources managers earned an annual median salary of $113,300 in 2018.
Healthcare administrators typically manage specific clinical departments, small medical practices, or entire facilities. They organize the delivery of health services, train and supervise staff, manage finances and budgeting issues, monitor patient records, and coordinate with other administrators and staff. According to BLS data, the mean annual wage for healthcare administrators was $99,730 in 2018.
Operations managers oversee an organization's production and delivery of goods or services, including purchasing, warehousing, or manufacturing. They direct and supervise the recruitment and training of staff, manage budgets and operational costs, and ensure regulatory compliance. According to PayScale, operations managers earn an average annual salary of $63,827.
Financial managers coordinate financial matters for a company or organization. They prepare financial reports, make financial forecasts, oversee other finance employees, and analyze market trends to reduce costs and maximize profits. According to BLS data, finance managers earned a mean annual salary of $127,990 in 2018.
Marketing managers design promotional campaigns to generate interest in a company's goods or services. They coordinate with other managers and professionals to develop marketing plans, advertising strategies, and a cost-effective budget. They also analyze market research and develop promotional campaigns. According to BLS data, marketing managers earned a mean annual salary of $132,620 in 2018.
How to Choose an Online MBA in Delaware
There are many important considerations to make before settling on an online MBA program in Delaware. These include 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.