Online MBA Programs in Nevada
There are hundreds of online MBA programs available across the country. While many degree programs are similar, they vary in terms of their credits, cost, faculty, and available concentrations. It is important to look at several programs to find the one that best fits your educational and career goals. The following list contains the best online MBA programs in Nevada; all of the featured schools award accredited degrees and provide a top-notch education.
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
University of Nevada - Reno
|Location Reno, NV||Tuition $$$$$||Tuition $30,000||% Receiving Financial Aid 40%||Student Population 20,898||School Type Public||
UNR serves over 21,650 students. Online learners can take advantage of this 12-course, two-year online executive master of business administration program. This online MBA in Nevada, which taught through a cohort format, has students progress with their classmates through an entirely online, synchronous curriculum. Learners take two classes per semester during the fall, spring, and summer semesters over the course of two years. Each class is 12-weeks long. All students must complete 36 credits within two years.
Competitive applicants have a bachelor's degree from a four-year, accredited institution with a 2.75 GPA at minimum. Applicants should also have five or more years of relevant work experience. The GMAT or GRE is required for admission, unless prospective students already have a master's degree, professional degree, or possess an active CPA, CFP, CMA, or PE license. Applications also require letters of recommendation, a resume, and a personal statement detailing one's educational and career objective. UNR is accredited by the Northwest Commission on Colleges and Universities. The college of business is accredited by the Association to Advance Collegiate Schools of Business.
Why Consider an Online MBA in Nevada?
While there is only one fully online MBA program available in Nevada, the program is offered by one of the top business schools in the region. The University of Nevada, Reno's online executive master of business administration (EMBA) lets Nevada residents use in-state tuition rates, while residents of nearby states can use the western undergraduate exchange (WUE) scholarship to keep costs low, too.
Reno is growing quickly and experienced one of the biggest rent spikes in the nation in 2017, which means studying on campus can be very expensive. For many students, distance learning can keep costs low.
Number of Students Enrolled in Distance Education (2015)
Source: Digital Learning Compass
Distance Enrollment by Institution Type (2015)
|All Students||Graduate Students Enrolled in Any Distance|
Source: Digital Learning Compass
MBA Concentrations for Nevada Students
Nevada is currently experiencing an influx of skilled workers. In 2018 alone, Nevada's population rose 2.1% -- well above the national average of less than 0.7%. As more businesses move into Nevada, they need workplace leaders who can manage and direct. Most online MBA programs offer concentrations that let students specialize their educations for specific industries, like mining, information technology, and manufacturing and logistics. As Nevada grows, MBA graduates with specialized talents will find more career opportunity in markets like:
- Finance: Startups are popular across Nevada, and they all require knowledgeable, meticulous finance help. MBA students with finance experience can fill management positions, work as CFOs, or become freelance consultants.
- Marketing: Every business needs a marketing department to promote sales, increase customer attention, and attract new talent. An MBA with a concentration in marketing could lead to a career in advertising, online marketing, or sales.
- Management: With many warehouses and manufacturing businesses springing up, Nevada needs graduates with management expertise who can make smart personnel decisions, lead workers, and ensure day-to-day operations are running smoothly.
Accreditation in Nevada
The best online MBA programs in Nevada are offered through accredited institutions. These schools have met the strict academic and ethical standards set by quality control organizations known as accrediting bodies.
Depending on the accrediting body that assesses a school, it may be considered regionally or nationally accredited. Most nationally accredited schools are for-profit vocational or technical institutions while nonprofit schools typically receive 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 from their regionally accredited counterparts. If you want to improve your career prospects with an online MBA in Nevada, be sure to choose a regionally accredited school.
Nevada Economy, Career, and Job Outlook for MBA Graduates
Nevada is primed to grow faster than most states after the Great Recession. Low property costs and central location have made it popular for manufacturing and logistics, a growing field that requires college-educated employees. These centers pop up near major cities like Las Vegas, Henderson, and Reno.
Another huge industry in Nevada is mining. Professionals in the mining industry have high average salaries, starting at $83,000. Mines are often located in remote, rural areas, and employees must sometimes commute long distances to work.
Nevada is expected to add jobs at an annual rate of 2.6% for the next three years, which is the highest rate of any state.
Some of the fastest growing jobs in Nevada include operations managers, accountants, management analysts, and other management positions. These positions require at least a bachelor's degree, although an MBA is preferred.
Nevada was hit hard by the Great Recession, but employment numbers are back on track, home prices are hitting new highs, and wages are growing faster than the national average. Nevada is a smart short- and long-term location for MBA graduates. Below are a few of the state's biggest employers.
|Company||Location||Main Industry||Number of Employees|
|Venetian Hotel & Casino||Las Vegas||Hotel||10,000|
|US Air Force Base||Nellis AFB||Military||9,185|
|Las Vegas Metropolitan Police||Las Vegas||Law Enforcement||7,000|
Organizations of all sizes require administrative professionals. By earning an online MBA in Nevada, students qualify for management careers. Even without connections, skilled labor and graduates with business know-how are in high demand. For example, Las Vegas' booming hotel and casino industry uses MBA graduates to explore new strategies for attracting tourists. Organizational and leadership skills are also required for other industries with large employee bases, like military organizations or mining companies.
Earning Potential with an MBA in the State of Nevada
No matter where you choose to work, a master's degree means higher earning potential. In Nevada, the influx of tech businesses means more job opportunities, but how much you make depends on your specialization and your industry. Every online MBA degree is different, but the skills and experience you get from an accredited online MBA will set you apart from the applicant pool.
Salary for Graduate Business Majors (2015)
|Major||Median Annual Salary|
|Business Management and Administration||$81,000|
|Business Management and Administration||$89,000|
Source: Georgetown University
Careers for MBA Grads in Nevada
Project managers take on a variety of roles. In Nevada, a project manager may work for the state to develop better infrastructure or they may work in the hospitality industry and oversee different facilities. According to PayScale, project managers earn a median annual salary of about $73,000.
Nevada is home to world-class entertainment, and merchandising is a big part of revenue in the industry. A merchandise planner looks at market trends to determine the right type and level of inventory. They are also in charge of projecting future sales. PayScale reports a median annual salary of about $70,800 for this role.
The hospitality industry is competitive, and big names -- particularly those in Las Vegas -- must maximize their profits while still attracting travelers. A pricing manager looks at market changes to determine how a particular good or service should be priced. According to PayScale, pricing managers earn a median salary of $83,800.
Most businesses and corporations use financial analysts to build and maintain wealth. PayScale reports that financial analysts earn a median income of around $59,700 and can work in any industry, including banking or retail. As businesses continue to move to Nevada, the demand for financial analysts will grow, and accounting majors with MBAs are well-suited to this position.
Analytics is a growing role in the hospitality industry, and workers with computer science experience and an MBA can find a role as an analytics manager. Analytics managers are in charge of gathering data and applying it to business solutions. According to Payscale, analytics managers earn a median annual income of about $93,000.
How to Choose an Online MBA in Nevada
There are many important considerations to make before settling on an online MBA program in Nevada. 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.