Philadelphia hosts some of the best-known and most prestigious schools in the country, including the University of Pennsylvania. However, students don't need to attend an Ivy League school to enjoy a high-quality education. Villanova University, Temple University, La Salle University, and Saint Joseph's University all offer some of the best online MBA programs in Philadelphia.
Given the high starting salaries in business, finance, and management fields, coupled with a relatively low cost of living compared with cities like New York and Los Angeles, Philadelphia is an excellent place for business professionals to begin or advance their careers. Both experienced professionals and newcomers to the field can benefit from enrolling in one of the many MBA programs in Philadelphia.
Students who wish to keep their full-time jobs or spend time raising their families may decide to pursue an online MBA through one of the several business schools in Philadelphia. These students can save money on housing, keep their day jobs, and still leverage their school's connections with employers after they graduate.
Read on to learn more about the top online MBA programs in Philadelphia.
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
|Location Philadelphia, PA||Tuition $$$$$||Tuition $59,760||% Receiving Financial Aid 66%||Student Population 38,007||School Type Public||
Temple University's Fox Business School enjoys a stellar reputation for preparing successful business leaders and entrepreneurs. Temple offers a 48-credit online MBA that gives learners the flexibility to complete their degree in just 20 months or up to six years. The curriculum develops learners' competencies in two key areas: business acumen and organizational leadership. Each MBA student can acquire a specialization with a nine-credit concentration in areas such as business analytics, supply chain management, strategic management, and financial management.
Faculty members deliver the program using an on-the-go format that accommodates the needs of frequent travelers and learners in the military. Students can participate in weekly web conferences to interact with faculty and peers. During a hands-on capstone, each student is immersed in a consulting project at an organization. As one of the top MBA programs in Philadelphia, the Fox online MBA gives students access to one-on-one career coaching and industry intelligence tools for career preparation. Admission requires scores from the GMAT or GRE with GMAT waivers available.
|Location Philadelphia, PA||Tuition $$$$$||Tuition $27,000||% Receiving Financial Aid 72%||Student Population 3,670||School Type Private||
Philadelphia University and Thomas Jefferson University merged to form Jefferson, an institution that gives students access to a combined 300 years of excellence in education, innovation, and research. Jefferson, one of the best business schools in Philadelphia, lauds its reputation for cultivating entrepreneurial thinkers and dynamic problem solvers. Jefferson Online offers a 36-credit MBA that students can complete in 18-24 months. They begin the program with foundational courses in subjects such as financial management, operations management, and statistical analysis for business decisions.
The MBA core prepares professionals to become well-versed in managing innovative people and teams, business model innovation, financial policy and planning, and new product development. Students can engage in project-based learning with instruction by faculty who boast real-world experience. Faculty members deliver the program using an accelerated, eight-week format. Jefferson touts its affordable tuition, and admission requires official college transcripts, along with additional supporting documents, as needed.
Saint Joseph's University
|Location Philadelphia, PA||Tuition $$$$$||Tuition $33,759||% Receiving Financial Aid 49%||Student Population 8,625||School Type Private||
Philadelphia's Jesuit college, Saint Joseph's University, provides learners with a rigorous education rooted in the liberal arts. SJU offers a 33-53-credit MBA that students can complete online as they acquire advanced business expertise and hone their leadership skills. Students' educational backgrounds will determine whether they need to complete foundational courses. The core of the MBA examines topics such as business analytics, shareholder value management, and excellence in organizations.
Each student can acquire specialized training in a concentration such as finance, business intelligence, marketing, or health and medical services administration. Faculty members deliver the program using eight-week evening classes held "live" once per week. Full-time students can earn their degrees in 1-2 years, and part-timers typically do so in 2.5 years. Learners pay the same tuition, regardless of in-state or out-of-state residency. Admission to the degree, one of the best MBA programs in Philadelphia, requires GMAT or GRE scores taken within the last seven years.
|Location Philadelphia, PA||Tuition $$$$$||Tuition $63,994||% Receiving Financial Aid 56%||Student Population 25,595||School Type Private||
Drexel University, a comprehensive research institution, manages an extensive catalog of degrees administered by 15 colleges and schools. The business school offers a 49-credit online MBA that students usually complete in about 24 months. Required courses develop learners' expertise in areas such as strategy analysis, managerial economics, corporate financial management, and business problem-solving.
Students can customize their education with concentrations such as finance analytics or graduate minors in subjects such as nonprofit management. Each enrollee can acquire hands-on experience through an experiential component that may include a graduate internship or consulting project.
A part-time online option requires an on-campus residency, a virtual consulting residency course, and the option to participate in an international residency. A capstone MBA course focuses on how business leaders solve complex business problems, culminating with student analysis of action plans and implementation.
Admission to this degree, one of the top MBA programs in Philadelphia, requires a minimum 3.0 GPA in any undergraduate major.
University of the Sciences
|Location Philadelphia, PA||Tuition $$$$$||Tuition $67,040||% Receiving Financial Aid 73%||Student Population 2,664||School Type Private||
As North America's first college of pharmacy, the University of the Sciences prepares healthcare practitioners and leaders in the sciences. The college offers one of the nation's few MBA programs with a focus on the pharmaceutical and healthcare business. Faculty members deliver the online MBA in pharmaceutical and healthcare business using a real-time webinar format that simulates the classroom experience. Students can complete 15 classes delivered in eight-week sessions over 27 months.
The curriculum's core covers subjects such as health economics; marketing and sales, strategy and management; research and development; and the regulation of prescription drugs. Each learner must visit campus for just one day to present their capstone project. The MBA features the option to switch seamlessly between the online MBA and on-campus evening MBA. Students pay one tuition, regardless of residency. Admission to this degree, one of the best online MBA programs in Philadelphia, requires a BA or BS, preferably from a science or health program.
Career Outlook With an MBA in Philadelphia
Enrolling in one of the best online MBA programs in Philadelphia is a wise investment for professionals looking to advance their careers. As Philadelphia has a higher cost of living than some other areas of the state, Pennsylvania residents who live in cheaper areas may wish to enroll online to save on housing costs. Online students can also keep their job and save money before using their school's connections to land a job in Philadelphia after graduation.
Philadelphia provides particularly fertile ground for learners interested in management and business or financial operations. As such, students who earn MBAs in Philadelphia can increase their odds of earning a stable, high-paying job in the city. Moreover, Philadelphia maintains a lower unemployment rate than cities like New York, so graduates can expect greater odds of landing a position in the field. With a lower cost of living than New York and Los Angeles, Philly also provides a good in-between option for professionals who want the "big city" life without some of the accompanying pitfalls.
Enrolling in a Philadelphia business school also provides online students with ample opportunities to pursue internships and fellowships. Learners can network with their peers and employers while earning their degrees in the city or online. Philadelphia hosts several professional organizations that can help students launch or advance their careers through continuing education, conferences, and professional development.
For more information about the various online MBA options throughout the Keystone State, please consult the Pennsylvania state page on this website.
Education Statistics for Philadelphia, Pennsylvania
|Metro Area||Percentage of Open Business Positions||Percentage of Remaining Discretionary Income After Expense||Average Unemployment Rate for Individuals 20-29 Years Old|
Source: Move.org, 2019
MBA Salary in Philadelphia
Salary Outlook for MBA Graduates in Philadelphia-Camden-Wilmington Metro Area
|Occupation Group||Annual Mean Wage||Examples of Job Titles|
|Management||$138,970||Chief Executives, General Operations Managers, Sales Managers|
|Business and Financial Operations||$80,160||Buyers/Purchasing Agents, Compliance Officers, Human Resources Specialists|
Source: Bureau of Labor Statistics (BLS)
Average Salary for MBA Graduates in Philadelphia, PA$95,723
MBA Employment in Philadelphia
Employment Outlook for MBA Graduates in Philadelphia-Camden-Wilmington Metro Area
|Occupation Group||Employment||Examples of Job Titles|
|Management||131,980||Chief Executives, General Operations Managers, Sales Managers|
|Business and Financial Operations||172,150||Buyers/Purchasing Agents, Compliance Officers, Human Resources Specialists|
Source: Bureau of Labor Statistics (BLS)