Online MBA Programs in Utah
The following list contains the accredited online MBA degree programs in Utah. Because many online programs have an on-campus component, students should be aware of how close their school of choice is to their location.
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
Southern Utah University
|Location Cedar City, UT||Tuition $$$$$||Tuition $19,380||% Receiving Financial Aid 34%||Student Population 8,881||School Type Public||
SUU, located in the scenic Cedar City area, offers one of the few online MBA programs in the state accredited by the Association to Advance Collegiate Schools of Business. This Utah state online MBA provides business professionals and others an affordable and flexible path to earning their degrees. Out-of-state students pay the same tuition rate as Utah residents. Online learners may take 1-5 courses per semester.
The accelerated program, for students who have already completed foundation courses as undergraduates, takes one year to complete. Students entering this program with a 3.3 GPA or higher from an accredited undergraduate school do not need to submit GMAT scores. The conventional two-year program, designed for students without an undergraduate background in business, offers foundation classes in the first year of study and MBA core and elective courses in the second year. Students must hold a 3.0 or better GPA to enroll. The two-year program also does not require applicants to submit GMAT scores.
University of Utah
|Location Salt Lake City, UT||Tuition $$$$$||Tuition $58,800||% Receiving Financial Aid 34%||Student Population 31,592||School Type Public||
The University of Utah online MBA provides a mainly asynchronous and flexible format ideally suited to working professionals and others juggling personal responsibilities. This program may be completed within 24 months by taking two courses per term in either five- or ten-week blocks for a total of 48 credits.
The three-day online MBA residency, the only face-to-face requirement for the program, brings students together for an immersive experience at the start of the first semester. Designed to foster interaction and support, all students stay in the same campus location. This Utah state MBA online program provides lodging, meals, and instructional materials, included in the cost of tuition.
This program allows students to complete their MBA concurrently with a master of science in information systems, providing graduates with the skills needed to address technological advancements in the marketplace. The fully online, joint MBA/MSIS degree requires only 18 additional credits, adding approximately two more semesters to the online MBA. The school's MBA program holds accreditation from the Association to Advance Collegiate Schools of Business.
Western Governors University
|Location Salt Lake City, UT||Tuition $$$$$||Tuition $13,000||% Receiving Financial Aid 59%||Student Population 70,504||School Type Private||
The completely asynchronous MBA online program at Utah’s WGU offers three options: a general MBA, an MBA in information technology management, and an MBA in healthcare management. Designed for busy working professionals, this flexible and affordable MBA consists of 11 courses that most students complete in 13-24 months. The curriculum, which requires a capstone experience relating academic work to real-world challenges, includes courses in managing organizations and leading people, managing human capital, operations management, global economics for managers, ethical leadership, and data-driven leadership.
WSU offers all its degree programs in a fully online format. The first accredited university to offer competency-based bachelor’s and master’s programs, it uses performance-based assessments to measure students’ mastery of subject matter. WGU charges a flat tuition rate each term rather than charging by credit hour. Admission requirements include a bachelor’s degree from an accredited school and three years of professional experience. This Utah state online MBA does not require applicants to submit GMAT scores.
Why Consider an Online MBA in Utah?
Over the last three academic years, Utah's colleges and universities have awarded an increasing number of MBAs. Additionally, more Utah students are choosing to take online courses or earn their degrees entirely online. Distance learning eliminates many of the costs associated with higher education, such as room and board in expensive neighborhoods near campus. Students who pursue an MBA online can also avoid long daily commutes and congested urban areas, reducing transportation costs as they increase their marketability.
Number of Students Enrolled in Distance Education (2015)
Source: Distance Education State Almanac
Distance Enrollment by Institution Type (2015)
|All Students||Graduate Students Enrolled in Any Distance|
Source: Distance Education State Almanac
Students pursuing an online MBA in Utah should consider selecting a concentration related to one of the state's main industries -- particularly if they plan to live and work in the state after graduation. Utah's top industries include energy, financial services, software and information technology, and outdoor products and recreation. While an MBA can lead to successful careers in a variety of sectors, graduates who complete field-specific concentrations may enjoy significant advantages in Utah's job market. Although concentration options vary from school to school, many programs offer one or more of the following specializations.
- Corporate Finance A corporate finance specialization explores financial theories and practices from a business perspective. Graduates often work as corporate finance managers, contributing to one of Utah's key industries.
- Strategy Business strategists help organizations market, brand, and release new products and services. Many students who pursue a strategy concentration find employment with large manufacturing companies.
- Information Technology This concentration emphasizes foundational software development and technology skills, preparing candidates for roles in Utah's booming software and IT industries.
Accreditation in Utah
Accredited institutions offer the best online MBA programs in Utah. Accredited schools meet strict academic and ethical standards defined by quality control organizations known as accrediting bodies. A school may earn regional or national accreditation, depending on the accrediting body that assesses it.
Most nationally accredited schools are for-profit vocational or technical institutions, while nonprofit schools typically earn 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 regionally accredited colleges and universities. If you want to improve your career prospects by earning an online MBA, Utah is home to many regionally accredited institutions.
Utah Economy, Career, and Job Outlook for MBA Graduates
Utah's top industries include energy, healthcare, financial services, and information technology. Students earning an online MBA in Utah gain the skills needed to work in many of these thriving industries, particularly those specializing in management, finances, and marketing. Some of the nation's largest companies, such as Goldman Sachs, have offices in Utah. In fact, more than 74,000 employees work in the state's finance industry alone.
U.S. News & World Report recently named Utah's economy as the second-best in the U.S., and Forbes named it the second-best state for starting a business in 2018. As these accolades demonstrate, Utah offers MBA holders a variety of opportunities for success.
According to an annual report put out by the Utah Governor's Office of Economic Development, the state added over 40,000 new jobs in 2017. Utah's economy continues to grow at a rate faster than the national average. Candidates who pursue an online MBA in Utah can look forward to positive career prospects as they enter the state's growing job force. Equipped with valuable skills and knowledge, online MBA graduates make worthy candidates for jobs in diverse industries and settings.
|Company||Location||Main Industry||Number of Employees|
|University Healthcare||Salt Lake City||Healthcare||10,000|
|University of Utah Healthcare||Salt Lake City||Healthcare||7,866|
|Micron Technology, Inc.||Lehi||Technology||6,500|
Earning an online MBA in Utah can lead to careers in some of the state's fastest-growing sectors. Healthcare and technology -- two of Utah's biggest industries -- present many exciting opportunities for MBA holders. Graduates can take financial service jobs, management positions, and administrative roles at hospitals or healthcare organizations. Alternatively, MBA students who specialize in information technology can work in software development, web design, and online marketing.
Earning Potential with an MBA in the State of Utah
Many jobs in business and related fields pay employees based on their experience and education level, and a graduate degree can help you increase your salary potential. According to data from the National Association of College and Employers, MBA holders earn significantly higher starting salaries than individuals with only bachelor's degrees. Offering broadly applicable skills and competencies along with specialized knowledge, an online MBA provides the framework graduates need to land lucrative positions in Utah's fastest-growing job sectors.
Salary for Graduate Business Majors (2015)
|Major||Median Annual Salary|
|Business Management and Administration||$78,000|
Careers for MBA Grads in Utah
Top executives run and manage an organization's ongoing business activities. Including positions like chief executive officers and operations managers, these workers oversee all of a company's operations. They may supervise staff, set goals and objectives, and analyze the organization's financial status. Top executives earn a median salary of $104,980.
Working in tandem with top executives and other high-level administrators, financial managers analyze their organization's budget, manage costs, and identify cost-reduction strategies. They oversee a company's entire financial health and often meet with investors or manage fundraisers. Financial managers earn a median salary of $127,990.
Financial analysts serve as consultants for individuals or private organizations, advising clients on where and how much to invest for the best returns. They analyze financial data to create personalized financial plans according to client needs. Financial analysts earn a median salary of $85,660.
Hospital administrators manage healthcare organizations' daily operations, including staffing, finances, and human resources. These administrators develop and implement hospital budgets and confer with medical staff to interview and hire new healthcare providers. Hospital administrators make a median salary of about $88,000.
Many MBA students who specialize in information technology go on to manage computer systems for organizations. These managers evaluate an organization's technological needs and select appropriate hardware and software. They oversee software installation and maintain systems to ensure they run smoothly. Computer and information systems managers make a median salary of $142,530.
How to Choose an Online MBA in Utah
There are many important considerations to make before settling on an online MBA program in Utah. 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.