Louisiana has a populations of roughly 4.6 million people. The state’s capital is Baton Rouge and it’s largest city is New Orleans. Louisiana’s natural landscape includes swamplands, beaches, rivers, mountains, and barrier islands. The state is influenced by French, Spanish, Native American, and African cultures. These influences are what has contributed to the state’s reputation as a cajun food and jazz music haven.
Louisiana has 173 institutions of higher education, many of which offer online programs. Some of the state’s more well-known universities include Louisiana State University and Tulane.
Obtaining a master’s of business administration will prepare you for many different positions, and the Bayou State offers a wide selection of online MBA programs. Online MBA in Louisiana programs are designed for professionals who seek management or executive careers in business. Most of these programs require students to earn 33 to 36 credit hours and take two years to complete.
The benefits of an online program include remote access to course materials, and some schools offer a discounted tuition for online students. The cost of living is usually cheaper around college campuses, and online programs sometimes have in-person requirements, which can make living close to campus beneficial. Many distance learning programs are taught in an asynchronous format, which provide the most flexibility for students. GMAT requirements vary between schools.
|Percentage of Students Enrolled by Distance Education|
MBA Concentrations for Louisiana Students
Many online MBA programs in Louisiana offer concentrations based on industry. A few common MBA concentrations include entrepreneurship, finance, global management, analytics, hospitality management, consulting, and human resource management. When deciding on a concentration, it is worth considering the composition of a state’s economy. Educational services, health care, and social assistance are some of the largest industries in the Louisiana, which accounted for 8% of the state’s GDP in 2016. Oil and gas is another leading industry in Louisiana. The table below highlights MBA concentrations that are applicable to these industries.
- Healthcare Administration: Healthcare administration course requirements often include topics in management, legal and ethical issues, and quality control within healthcare. Graduates are prepared for positions in hospitals, clinics, and nonprofits.
- Energy: An energy specialization within an MBA program prepares students for an administrative career in the oil and gas industry. This program familiarizes students with mineral rights and energy law in addition to providing traditional business courses on finance and analytics.
Accreditation in Louisiana
Higher education institutions in Louisiana are accredited by regional or national accrediting agencies. Regional accreditation is considered more prestigious and is more standardized than national accreditation. The regional agency responsible for accrediting colleges in Louisiana is the Southern Association of Colleges and Schools Commission on Colleges. National accreditation is typically focused on vocational schools or professional programs and is awarded by agencies approved through the Council for Higher Education Accreditation. Attending an accredited university ensures that a certain level of quality has been met. Make sure to check if your online MBA in Louisiana program is accredited.
According to the Bureau of Economic Analysis, the industries that contributed the most to Louisiana’s GDP in 2016 include: nondurable goods manufacturing; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; and government. According to the Bureau of Labor Statistics, the state industry with the highest rate of employment in 2015 was health care and social assistance. This growth of healthcare occupations is projected to increase by 18% throughout the U.S. over the next decade. Graduates of online MBA programs in Louisiana will benefit from this increase.
Regardless of industry, the employment outlook in Louisiana is positive. As of September 2017, Louisiana has a 5.1% unemployment rate, which is slightly higher than the national unemployment rate of 4.1%. In the past year, unemployment rates in metropolitan areas across the state have dropped by 0.6-0.8%.
Top Employers in Louisiana
|Company||Industry||Headquarters City||Number of Employees|
Salaries are affected by position, job location, job experience, and education. Higher administrative positions typically garner higher salaries than entry-level positions within the same corporation. Individuals with more years of experience in the field can expect a higher salary than recent graduates. Earning an online MBA in Louisiana may help with improving employment outlook and salary growth opportunities.
Earning an online MBA in Louisiana can increase your employment prospects, prepare you for management or administrative positions, and help you obtain higher pay. Many executive level positions require a graduate degree; obtaining an MBA would make you eligible for such positions. MBA graduates typically earn more than workers with an undergraduate degree. In Louisiana, graduates with a master’s in business earn roughly $34,000 more per year than those with a bachelor’s in business.
|Average Salary by Degree|
Careers for MBAs in Louisiana
- Management Consultant
A management consultant is responsible for advising top-level executives and managers on how to improve the efficiency of their organization. They conduct research on the company structure, analyze the data, and then develop recommendations. In Louisiana, the employment estimate for management consultants is 3,600 and they make an average annual salary of $75,630.
- Medical and Health Services Manager
A medical and health services manager facilitates the daily operations of a healthcare facility, which includes monitoring budgets and overseeing staff. They must be familiar with healthcare laws and regulations and possess the ability to work with others. The employment estimate for health services managers in Louisiana is 3,320, and they make an average annual salary of $92,480.
- Administrative Services Manager
An administrative services manager works in education, professional services, the government, and other settings. They are responsible for coordinating and supervising the activities of an organization. In Louisiana, the employment estimate for administrative services managers is 2,980, and they make an average annual salary of $81,350.
- Industrial Production Manager
An industrial production manager performs administrative tasks at manufacturing plants. They oversee workers, track production, reinforce safety standards and regulations, and solve problems. In Louisiana, the employment estimate for industrial production managers is 1,420, and they make an average annual salary of $118,640.
- Operations Manager
An operations manager is responsible for overseeing the daily operations of public or private sector organizations. They recruit and manage personnel, facilitate purchasing, and complete other administrative tasks. In Louisiana, the employment estimate for operations managers is 29,920, and they make an average annual salary of $111,120.
Louisiana offers a varied selection of online MBA programs. Some may have an internship or capstone requirement that necessitates in-person appearances. Below, is a list of online MBA programs in Louisiana and brief descriptions of what they offer. All the institutions included in this list are either regionally or nationally accredited.
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
Louisiana State University
|Location Baton Rouge, LA||Tuition||Tuition $46,620||% Receiving Financial Aid 35%||Student Population 31,524||School Type Public||View School Profile|
Louisiana State University - Shreveport
|Location Shreveport, LA||Tuition||Tuition $12,473||% Receiving Financial Aid 34%||Student Population 4,428||School Type Public||
ConcentrationsView School Profile
Louisiana Tech University - Ruston
|Location Ruston, LA||Tuition||Tuition $12,360||% Receiving Financial Aid 30%||Student Population 12,371||School Type Public||
ConcentrationsView School Profile
University of Louisiana at Monroe
|Location Monroe, LA||Tuition||Tuition $22,500||% Receiving Financial Aid 38%||Student Population 8,804||School Type Public||View School Profile|
Southern University and A & M College
|Location Baton Rouge, LA||Tuition||Tuition $18,650||% Receiving Financial Aid 75%||Student Population 6,401||School Type Public||View School Profile|
McNeese State University
|Location Lake Charles, LA||Tuition||Tuition $10,170||% Receiving Financial Aid 41%||Student Population 7,621||School Type Public||View School Profile|
University of Louisiana at Lafayette
|Location Lafayette, LA||Tuition||Tuition $12,771||% Receiving Financial Aid 31%||Student Population 17,519||School Type Public||
There are many important considerations to make before settling on an online MBA program in Louisiana. 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.