Over 6 million people call Maryland home, but only 39% of them hold a bachelor's degree or higher. Organizations need professionals who understand pertinent business principles and how to effectively lead others. Therefore, students enrolling in graduate-level programs gain a competitive advantage in the job market. An MBA is one of the most flexible graduate-level degrees, and graduates qualify for leadership roles in every sector.

MBA candidates can use this guide to explore which organizations, sectors, or industries offer the best opportunities in Maryland. The state is home to over 55 colleges and universities, including multiple online options with programmatic accreditation from the Association to Advance Collegiate Schools of Business.

Online MBA Programs in Maryland

The following list of online MBA programs in Maryland will help you determine the best option to meet your educational and career goals. By reviewing admission requirements, degree concentrations, delivery methods, and tuition and fees, you will be able to find a program that also fits your financial and lifestyle needs. Please note that every school listed below is accredited.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description

University of Baltimore

Location Baltimore, MD Tuition $$$$$ Tuition $32,976 % Receiving Financial Aid 54% Student Population 6,229 School Type Public

The University of Baltimore's online MBA requires students to complete 36 credits with a curriculum that revolves around six major themes: innovation and strategy, leadership, interfacing with stakeholders, the value chain, performance and risk, and leverage technology and business intelligence. Though the Maryland online MBA does not offer a specialization, students can focus their electives on areas such as entrepreneurship or healthcare management. The curriculum includes five core courses, three electives, and a capstone. Students without a four-year business degree may need to take up to 12 prerequisite credits of foundation courses in accounting, micro and macroeconomics, finance, and marketing.

The Maryland online MBA from UB launched in 1999, making UB the first school accredited by the Association to Advance Collegiate Schools of Business to pioneer a web-based MBA program. Online students pay the same tuition as in-state learners regardless of residency. Ideal for working professionals, this Maryland online MBA offers a customizable and convenient alternative to a traditional, on-campus program and aims to reflect the changing enterprise environment and scale of business today.


Capitol Technology University

Location Laurel, MD Tuition $$$$$ Tuition $21,060 % Receiving Financial Aid 47% Student Population 804 School Type Private

The 36- to 39-credit Maryland online MBA from Capitol Technology University prepares students for management and leadership positions across diverse industries, including government. Students may choose from specializations in leadership, information assurance, information technology (IT), or technology management law and policy. This Maryland online MBA combines accelerated eight-week terms and 16-week semesters, creating a study plan that works around most schedules and allows students to progress at a uniform pace.

Students with an undergraduate business degree can typically waive the introductory MBA course on the fundamentals of professional management, resulting in 36 credits instead of 39. The core curriculum in this Maryland online MBA includes managing technical personnel, overseeing technology-enabled operations, and modern marketing processes and strategies. In addition, students may tailor their MBA program through three electives. Capitol Technology University reduces the Maryland online MBA cost for active-duty military personnel with a discounted, per-credit rate.


Concentrations

Washington Adventist University

Location Takoma Park, MD Tuition $$$$$ Tuition $23,125 % Receiving Financial Aid 79% Student Population 1,044 School Type Private

Developed to enhance leadership skills, the 37-credit Maryland online MBA from Washington Adventist University features a curriculum built around the functional areas of information literacy, effective communication, and interpersonal skills. The core curriculum focuses on financial and managerial accounting, managerial economics, corporate finance, and human capital. As with online MBA programs in Maryland in general, this Maryland online MBA from WAU enhances students' ability to analyze and integrate business knowledge into every given business situation.

The capstone of this Maryland online MBA focuses on strategic management. Taken in their final semester, students must demonstrate their ability to analyze both competitors and the industry at large in order to predict competitive behavior and better position their organizations. To apply to this Maryland online MBA, students must hold an undergraduate business degree with a 2.75 GPA. Applicants with a lower GPA may still apply so long as their GMAT score proportionately balances their profile.


Frostburg State University

Location Frostburg, MD Tuition $$$$$ Tuition $15,444 % Receiving Financial Aid 60% Student Population 5,756 School Type Public

Frostburg State University's 36-credit Maryland online MBA consists of eight core courses and four electives. With the core courses, students gain a well-rounded business foundation -- one that emphasizes a broad-based, generalist perspective. Delivered through a seven-week course model, FSU's MBA accommodates the schedules of working professionals. Attending full-time, an MBA student can finish all program requirements in as few as 12 months. Individuals without a business background must also complete six credits in MBA essentials, bringing the degree credit total to 42.

The curriculum of this university from Maryland online MBA mirrors the on-campus version, with the exception of specialization availability. Online MBA students may choose from business analytics, healthcare management, and management. Four focused courses comprise each specialization. In business analytics, for example, courses delve into the analytical skills and knowledge of data needed to improve business and inform decision-making.


Johns Hopkins University

Location Baltimore, MD Tuition $$$$$ Tuition $71,820 % Receiving Financial Aid 39% Student Population 22,686 School Type Private

The flexible MBA at Johns Hopkins University requires 54 credits. Students typically graduate in less than three years (2.7 years). Ideal for professionals who want to catapult their careers, the Maryland online MBA begins with 30 credits in business foundations and reserves the remaining credits for electives and concentration courses. Johns Hopkins makes three of the seven MBA specializations available to online learners: healthcare management, financial businesses, and leading organizations. In fall 2019, online MBA students can also specialize in marketing. Elective courses change by semester, but common topics include data analytics, wealth management, and corporate governance.

This Maryland online MBA follows an eight-week term schedule. While certain courses require synchronous participation, students should expect asynchronous learning activities for most of their classes. Johns Hopkins calculates the Maryland online MBA cost differently than its global MBA or dual MBA/master's. Students enrolled in this flexible online MBA pay per credit instead a yearly tuition.


Concentrations

University of Maryland - University College

Location Adelphi, MD Tuition $$$$$ Tuition $24,984 % Receiving Financial Aid 30% Student Population 50,248 School Type Public

The University of Maryland - University College's online MBA program prepares students with essential business knowledge. Learning outcomes include the ability to foster mutual respect, exemplify ethical and performance standards, and evaluate cultural intelligence. The 36-credit MBA uses a core curriculum that focuses on communication, problem-solving, and decision-making in diverse fields. Similar to other Maryland online MBA programs, students may progress through courses at their own pace, but the sequence remains firm.

Each course builds upon the other, and students may take five years to complete all degree requirements. Learners must also maintain a 3.0 GPA or higher on all coursework. UMUC allows up to six transfer credits if earned within the last five years. UMUC maintains a no-textbook policy, which students should note when considering the cost of this Maryland online MBA. All online MBA students use no-cost electronic resources instead of actual textbooks.


University of Maryland

Location College Park, MD Tuition $$$$$ Tuition $87,318 % Receiving Financial Aid 35% Student Population 39,083 School Type Public

Established in 1865, the University of Maryland holds the distinction of Maryland's original land-grant institution. The school's online MBA explores modern business' digital and global expansion. Students typically complete the degree in 24 months, choosing from five specializations grounded in the essentials of business: accounting, finance, information systems and business analytics, marketing, and supply chain management. The University of Maryland online MBA aims to both broaden students' overall business perspective while zeroing in on their particular interests. The information systems and business analytics track of this Maryland online MBA concentrates on decision-making in business while emphasizing the role of metrics and big data.

Largely asynchronous, most classes allow students to continue working full-time with little disruption to their normal schedules. In addition, students in UMD's Maryland online MBA benefit from the same career services provided to on-campus students. The business school notes that prior professional experience, while not required, can strengthen an applicant's chance of admission.


Concentrations

Morgan State University

Location Baltimore, MD Tuition $$$$$ Tuition $30,000 % Receiving Financial Aid 76% Student Population 7,725 School Type Public

Accredited by the Association to Advance Collegiate Schools of Business, the Maryland online MBA from Morgan State University prepares students to assume leadership roles. The 36-credit online MBA is divided between nine core courses and three elective courses in a student's chosen specialization. Through the core curriculum, students delve into how organizations work and how to manage at various levels. Topics among the required core courses include corporate finance, decision-making through accounting, and human capability management. Students may choose from among five tracks: accounting, finance, business administration, marketing, and information systems. Taking three courses per semester, students can finish all requirements of this Maryland online MBA in two years.

MSU notes the cost of its MBA in terms of the program as a whole. Rather than charging per-credit, MSU highlights the cost of the program after four semesters, a fee that amounts to more than what Maryland residents attending on-campus pay but less than what out-of-state students pay. MSU only considers MBA applicants who hold a four-year degree and a cumulative 3.0 GPA or higher.


Salisbury University

Location Salisbury, MD Tuition $$$$$ Tuition $22,500 % Receiving Financial Aid 52% Student Population 8,671 School Type Public

Full-time students in Salisbury University's 30-credit Maryland online MBA can complete all requirements in one year. Seven-week sessions allow for fast-paced progression, though the school also offers a two-year, part-time program for working professionals. Students located in Salisbury may also consider the hybrid program.

As with other online MBA programs in Maryland, the Salisbury program aims to develop proficiency and a student's leadership skills in the areas of accounting, economics, finance, marketing, and information systems. In the first part of the program, learners take on topics such as high-performance work systems and business economics. In the second part, attention turns to project consulting, managerial finance, and business intelligence.

Salisbury encourages students from all fields to apply. Students with a business degree can typically waive the four foundational courses in financial accounting, microeconomics, financial management, and operations management. The school does not require applicants to possess any relevant professional experience.


Why Consider an Online MBA in Maryland?

Students considering an online MBA in Maryland can choose from programs that take less than two years to complete. Distance programs offer both hybrid and fully online formats, with full- and part-time options. Online learners gain access to multiple start dates and accelerated courses. Maryland also offers top-ranked MBA programs. For instance, the Robert H. Smith School of Business at the University of Maryland ranks in the top 10 online MBA programs, and it ranks sixth among the best public schools nationwide.

Online learning benefits Maryland residents, as students do not need to commute to access coursework, and working professionals can continue working while earning their degrees.

Number of Students Enrolled in Distance Education (2015)

Undergraduate Graduate
Any Distance 92,228 28,782
Exclusively Distance 46,124 22,404
On-Campus 252,139 47,789

Source: Digital Learning Compass

Distance Enrollment by Institution Type (2015)

All Students Graduate Students Enrolled in Any Distance
Private for-profit 7,313 705
Private not-for-profit 53,064 10,440
Public 308,079 17,637

Source: Digital Learning Compass

MBA Concentrations for Maryland Students

Online MBA programs in Maryland typically offer concentrations that allow students to explore a particular industry. This specialized knowledge helps graduates stand out in the job market. Students should consider their career goals when selecting a concentration, along with their state's top industries and which highly qualified professionals they need. Bio-health, life sciences, IT, cybersecurity remain top-ranked industries, holding first place in NIH research and development awards and STEM job concentration.

Advanced manufacturing also represents a top industry, ranking second in percentage of professional and technical workers nationwide.

  • Healthcare Management and Administration: The healthcare and social assistance industry requires professionals who understand how to apply analytical and managerial skills to address issues within healthcare institutions.
  • Cybersecurity: Organizations prioritize data safety. A cybersecurity concentration teaches students to identify vulnerabilities and manage teams of incumbents who work with information systems.
  • Operations and Supply Chain Management: Most large organizations utilize supply chains and look for candidates with skills in operations and supply chain management.

Accreditation in Maryland

The best online MBA programs in Maryland are offered through accredited institutions. These schools meet strict academic and ethical standards set by quality control organizations, known as accrediting bodies. Depending on the accrediting body, a school may obtain regional or national accreditation. National accreditation typically applies to for-profit, vocational, or technical institutions, while nonprofit schools usually receive regional accreditation.

Of the two types of accreditation, regional is generally considered more prestigious. Credits earned at nationally accredited schools are less likely to transfer than those earned from regionally accredited institutions. If you want to improve your career prospects with an online MBA, consider one of Maryland's many regionally accredited institutions.

Maryland Economy, Career, and Job Outlook for MBA Graduates

Centrally located on the East Coast, the biohealth and life sciences industry in Maryland offers opportunities throughout the state, which includes over 2,360 life science firms and 500 biotech companies. Of Maryland's major metropolitan areas, Baltimore and Washington D.C. offer the most job opportunities in biotech and cybersecurity. The state houses some of the leading security agencies for IT and cybersecurity professionals. Data indicates that Maryland offers around 110,000 open positions for professionals with advanced degrees in the field.

The Baltimore Workforce Development Board reports that the fastest-growing careers include information security analyst, forensic scientist, and computer systems analyst.

Furthermore, of the Cybersecurity 500 list, 15 organizations base their businesses out of Maryland. The advanced manufacturing industry contains over 3,900 organizations that demand highly skilled leaders throughout the state. However, the Port of Baltimore is one the top deepwater ports in the country and delivers over a third of America's products. Similarly, Maryland has four foreign trade zones and international airports that move manufacturing products.

The Baltimore Workforce Development Board reports that the fastest-growing careers include information security analyst, forensic scientist, and computer systems analyst. Online MBA programs allow students to take advantage of this growth as they gain professional experience at their jobs and earn advanced degrees more quickly.

Company Location Main Industry Number of Employees
Patuxent Institution Jessup State Correctional Services 15,000
NASA Greenbelt Aerospace 13,500
U.S. Social Security Administration Baltimore Social Services 11,400

Source: Career One Stop

The careers listed in the above table reflect the largest employers in Maryland. Large-scale organizations need effective leaders who can improve and protect the bottom line. Professionals holding MBA degrees may qualify for opportunities offered by these organizations. MBA programs teach students to operate businesses efficiently, and they qualify graduates to work with these employers, depending on their concentration.

Viable concentration options include asset management, strategic operations management, homeland security, accounting, and innovation management.

Earning Potential with an MBA in the State of Maryland

Many organizations offer entry-level opportunities, but candidates with advanced degrees possess a competitive advantage. Online MBA programs in Maryland explore pertinent concepts about operating and managing businesses. Students also develop the important interpersonal and leadership skills needed to interact with multiple stakeholders. MBA programs often require internship and practical learning experiences, as well, bolstering graduates' resumes.

Online MBA programs provide a great return on investment through lower tuition rates, reduced transportation expenses, and flexible schedules, which allow students to maintain employment.

Salary for Graduate Business Majors (2015)

Major Median Annual Salary
Accounting $91,000
Business Economics $100,000
Business Management and Administration $81,000
Finance $101,000
General Business $89,000
Hospitality Management $69,000
Human Resources $75,000
International Business $79,000
Management Information Systems and Statistics $92,000
Marketing and Marketing Research $81,000
Miscellaneous Business and Medical Administration $78,000
Operations Logistics and E-Commerce $97,000

Source: Center on Education and the Workforce

Careers for MBAs in Maryland

Operations Manager

Operations managers handle the production of goods and services within an organization. This role requires identifying client expectations and developing processes to meet or exceed these expectations. These managers may need to establish sales and profit targets. The best candidates possess superb communication, collaboration, and organizational skills. These managers earn $63,830 per year on average.


Biotech Business Analyst

Biotech business analysts work alongside CEOs and executive teams to develop accurate financial and market data. Typical duties include timely research and analyzing secondary research sources. These managers prepare presentations, storyboards, and diagrams. The best candidates possess excellent analytical, decision-making, and problem-solving skills. They earn an average annual salary of $60,400.


Program Project Management

Program project managers often work in finance departments and the technology sector. Their daily responsibilities vary, but these managers often oversee multiple projects, creating milestones, communicating with relevant stakeholders, and reporting progress. Pertinent skills include time management, effective communication, and organization. These managers earn $82,920 annually on average.


Natural Sciences Manager

Natural science managers typically create and direct teams of incumbents working on a project. Tasks include coordinating research, training staff, and developing improved work processes. Natural science managers must occasionally brief clients on progress and results. They also enforce and stay current on safety regulations and policies. Professionals in this role earn $66,000 per year on average.


Professional Services Manager

Professional service managers work for businesses specializing in software and technical products. These managers address all frontline issues and concerns. The best candidates possess excellent organization and analytical skills. Daily responsibilities include communicating with multiple stakeholders, project management, and guiding employees. Professionals service managers earn an average annual salary of $90,640.

How to Choose an Online MBA in Maryland

There are many important considerations to make before settling on an online MBA program in Maryland. 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.

Online MBA Programs in Surrounding States