Delaware is one of five states with a population under 100,000, and the second smallest state in the nation, but it remains a strong competitor in industries like banking, education, and healthcare. Major metropolitan areas in the state include Wilmington and Dover, the capital. Institutions of higher education include Delaware State, Wesley College, the University of Delaware, and Drexel University. If you are considering pursuing an Online MBA, schools in Delaware offer a diverse set of academic strengths and affordable tuition.
Online MBA programs in Delaware offer a diverse set of options, including specializations in international business and finance, information technology, and entrepreneurship. Online degrees are designed with the working professional in mind and offer flexible scheduling opportunities. Some programs offer full-time students the opportunity to complete their degree in twelve months. On average, learners take about 18-24 months to earn their degree. The majority of online MBA’s in Delaware require you to submit GMAT scores with your application. It’s common for online MBA programs in Delaware to offer in-state tuition to all students. Delaware does not have a state tax and is considered an advantageous place to begin or operate a business. Enrolling in a school located in the major metropolitan areas of Wilmington and Dover present business opportunities for recent MBA graduates.f
|Percentage of Students Enrolled by Distance Education|
MBA Concentrations for Delaware Students
Certain online MBA concentrations in Delaware may be more useful in the job market than others. Concentration such as human relations and international business prepare students to work in popular Delaware companies, which includes Christiana Health Center and DuPont. Some schools offer further specialization for MBA’s in areas like healthcare/pharmaceutical management and real estate.
Concentrations for Delaware MBA Students
- Business Operations: Students learn how to manage businesses involved in the production of goods and services, including the management of logistics, supply chains, and quality management. These skills valued at small and large companies.
- International Business: Large corporations that operate on a global scale need professionals with knowledge of global management strategies, cross-cultural management, international business law, and international financial markets.
Accreditation in Delaware
Most Delaware online MBA programs are regionally or nationally accredited. Regional accreditation is held in higher regard than national accreditation. Institutions with regional accreditation are more likely to accept transfer credits from other regionally accredited schools. It is unlikely that credits will transfer from a nationally accredited institution. While regionally accredited schools are usually more expensive, they offer a wider range of degrees. Nationally accredited programs are often more specialized and focused on career-oriented, vocational training.
An online MBA helps graduates become more competitive in the job market. In addition to further developing your skill set, the degree increases your earning potential.
Over the past 10 years, healthcare and social assistance has been the most prosperous industry in Delaware. According to the official Delaware state website, positions in areas like management, human resources, and market research all show strong potential for steady growth over the next 10 years. Kent County, which includes the state capital of Dover, projects substantial growth in employment opportunities for business and financial specialists. Kent County is also an excellent location for employment after graduation because of its low cost of living, job growth, and low unemployment rates.
|Company||Industry||Headquarters City||Number of Employees|
|DuPont||Science and Engineering||Wilmington||8,100|
|Christiana Care Health System||Healthcare||Wilmington||10,400|
|State of Delaware||State Government||Dover||13,000|
Earning an online MBA with a concentration that relates to one of Delaware’s top industries can help you quickly find employment after graduation and increase your earning potential.
Earning a Delaware online MBA can increase your earning by approximately 90% compared to professionals with bachelor’s degrees in some positions, according to the Bureau of Labor Statistics. An online MBA can help you stand out in your field, provide unique opportunities for advancement, and could increase your earnings.
|Average Salary by Degree|
Careers for MBAs in Delaware
- Securities, Commodities, and Financial Services Sales Agents
In the state of Delaware, these sales agents have the second highest concentration of job opportunities. Professionals with MBA’s in this position often become investment bankers and brokers. The annual median wages for sales agents is approximately $170,000. Professionals in this field can expect about a 7% growth in employment by 2026.
- Financial Analysts
According to the Bureau of Labor Statistics, Delaware has the highest concentration of financial analysts in the U.S., who earn an annual salary of approximately $110,000. While an MBA is not required in this field, professionals holding a master’s degree earn about $32,000 more annually. Between 2016 and 2026, the Bureau projects an 11% growth in employment in this field.
- Market Research Analysts
These professionals monitor marketing and sales trends, gather data on consumers and competitors, and utilize a wide range of statistics collection software. Graduates with MBAs made about $25,000 more annually than their colleagues with bachelor’s degrees in this field.
- Real Estate Managers
Professionals seeking work in Dover or Wilmington, which are among the top 10 fastest growing cities in the state, may be interested in the real estate market. Real Estate managers buy, sell, rent, and market properties in addition to handling business negotiations and purchase contracts. MBA graduates in this field make approximately $76,000 per year, which is about $20,000 more than professionals who hold a bachelor’s. The Bureau of Labor Statistics projects employment in this field to increase by 7% between 2016 and 2026.
- Sales Managers
Sales managers resolve customer complaints and analyze sales statistics. Delaware is one of the top paying states for sales managers, with an annual mean wage of $178,450. According to the Bureau of Labor Statistics, MBA graduates make approximately $30,000 more annually than their colleagues with bachelor’s degrees. The Bureau of Labor Statistics projects that sales managers positions will increase by 8% between 2016 and 2026.
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||
ConcentrationsView School Profile
|Location New Castle, DE||Tuition||Tuition $16,776||% Receiving Financial Aid 48%||Student Population 15,002||School Type Private||
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.