Online MBA Programs in Washington D.C.
The following list includes the top accredited MBA programs in Washington D.C.. Sifting through programs on your own can be difficult and time consuming, so use the list below to find the school which best suits you. The list contains essential information to help you narrow your search to only the best online MBA programs in Washington D.C..
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
|Location Washington, DC||Tuition $$$$$||Tuition $78,816||% Receiving Financial Aid 52%||Student Population 13,198||School Type Private||
Called MBA@American, American University offers a business master's that emphasizes the importance of private and public partnerships in the 21st century. One of the leading online MBA programs in Washington, D.C., MBA@American encourages collaborative learning through web-based and in-person learning activities while ensuring students can easily access one another, professors, and business leaders. The program is accredited by the Association to Advance Collegiate Schools of Business and consists of foundational classes in strategic thinking, accounting, marketing, and managerial statistics. Students may also opt to concentrate in one of nine areas, including international business, finance, or cybersecurity. Two in-person learning immersion experiences offer the opportunity for hands-on learning in a real-world setting. These three- to four-day experiences typically include spending time on the university's campus and at one other site, which could include Beijing, China or Madrid, Spain. In total, students must complete 48 credits to graduate and may do so in as few as 15 months. The school's Kogod School of Business delivers the program and offers four start dates throughout the year.
George Washington University
|Location Washington, DC||Tuition $$$$$||Tuition $97,957||% Receiving Financial Aid 40%||Student Population 26,212||School Type Private||
Working professionals who want to enroll in one of the leading online MBA programs in Washington, D.C. need look no further than the School of Business at The George Washington University. Learners can pursue this online MBA studies on a part-time basis to earn the required 55.5 credits needed to graduate. With enrollment dates in the fall, spring, and summer, each semester consists of 14 weeks. Students generally complete two classes each term or four classes per semester. The fully online program emphasizes global competence through study abroad opportunities and hands-on learning experiences. In addition to learning business fundamentals, students develop abilities to work in teams, communicate effectively, and demonstrate ethical leadership. Admission requires either a GMAT or GRE score, but the university may waive this requirement for applicants with at least seven years of professional experience. Applicants must also submit letters of recommendation, transcripts, and a statement that explains their academic interests and why they stand out among those applying for admission.
|Location Washington, DC||Tuition $$$$$||Tuition $66,475||% Receiving Financial Aid 68%||Student Population 10,002||School Type Private||
A leader among universities offering online MBA programs in Washington, D.C., Howard University offers an online executive MBA through its School of Business. The program attracts professionals who wish to advance their careers and leverage the impressive Howard alumni network. Learners can complete their degree in 18 months through fully online classes that examine financial accounting, marketing strategy, and strategic communications. In total, they must earn 42 credits. Students can immediately apply the lessons they learn in their studies to the workplace, which better enables their opportunities for advancement. Moreover, they can engage in blended learning if they wish by marrying their online studies with on-campus presentations and global study tours. Applicants do not need to submit a GMAT score since they must possess at least seven years' experience, with five in either a management or senior-level role. The program is accredited by the Association to Advance Collegiate Schools of Business.
Why Consider an Online MBA in Washington D.C.?
Pursuing an online MBA in Washington, D.C., offers several distinct benefits. The greater Washington metropolitan area is home to several colleges and universities, and many of them boast popular top-ranked business schools. These institutions provide cutting edge instruction in the field, often administered by business experts with years of professional and academic experience.
An online course of study allows working professionals to obtain advanced-level education without career interruption. These programs are often cheaper in the long run and do not require relocation. Degree seekers who reside within the District of Columbia can create their own convenient schedules and, in many cases, enjoy reduced tuition rates when compared to their out-of-state colleagues.
Number of Exclusively Distance Students by State of Institution and Location of Student (2016)
|Same State||Not Same State|
Source: Babson Survey Research Group
MBA Concentrations for Washington, D.C., Students
Most schools that grant online MBAs in Washington, D.C., also offer distinct areas of concentration. These specializations, often a major asset on the job market, help degree seekers to develop individual areas of expertise that complement the basic skills and knowledge attained in their course of study.
To make the most of this opportunity, prospective learners may want to choose concentrations that closely correlate with the District of Columbia's top industries. This strategy will likely open up a wider range of job opportunities in a highly competitive work environment.
Degree seekers should research possible concentrations at prospective schools, as each program will differ. The list below outlines a few common MBA concentrations.
- Business Analytics: This concentration focuses on information assets and develops data analysis skills often used to identify problems and solve pressing business challenges.
- Finance: A finance concentration focuses study on how business organizations manage risks and conduct investments with special attention given to fraud, litigation, and portfolio management.
- International Business: International business pertains to the challenges and opportunities of conducting multinational commerce in a growing global economy. Common topics include foreign trade and intercultural communication.
Accreditation in Washington, D.C.
The best online MBA programs in Washington, D.C., are offered through accredited institutions. These schools have met the strict academic 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, Washington, D.C., is home to many regionally accredited institutions.
Washington D.C. Economy, Career, and Job Outlook for MBA Graduates
The greater Washington, D.C., metropolitan area enjoys a thriving, robust economy. Its encouraging unemployment rate is consistent with the national average, at times even lower. Similarly, employment continues to grow at a steady pace, often outperforming the national economy. This bodes particularly well for working professionals that possess advanced postsecondary credentials, like an MBA.
The District of Columbia's top industries -- sectors like manufacturing, trade and transportation, finance, and government -- follow those same favorable trends. Each job sector employs professionals and executives with the same set of skills and knowledge developed in an online MBA in Washington, D.C. These individuals often oversee the commerce, business development, and commercial enterprise aspects of each respective field.
The business and professional services industry is of particular interest, as it employs the largest number of individuals in the field and posts significant net gains year after year. Both the Washington Business Journal and the BLS project that this industry will continue to grow at an impressive rate in coming years, making for an especially promising career outlook for working professionals with an MBA.
The table below contains the largest employers in the area, including those that rely on business and professional services at nearly every level of their operations.
|Company||Location||Main Industry||Number of Employees|
|George Washington University||Washington, D.C.||Education||10,000+|
|U.S. Department of Commerce||Washington, D.C.||Government and commerce||10,000+|
|Naval Research Laboratory||Washington, D.C.||Government and scientific research||7,000|
Many of the available jobs in these companies and industries require extensive, advanced-level knowledge and an expert set of business skills that graduate education promotes. Obtaining an online MBA in Washington, D.C., lends itself to this sort of professional advancement. While no degree automatically guarantees work, professionals with these credentials should have a leg up on the competition in the labor force.
Earning Potential with an MBA in Washington D.C.
Because graduate education promotes advanced knowledge and encourages a more specialized set of hard skills, it generally translates into a long-term increase in overall earning power. According to the BLS, working professionals with master's degrees enjoy a lower unemployment rate and higher earnings than those with undergraduate education alone.
Degree seekers working to obtain an online MBA in the Washington, D.C., area can benefit even more from this trend. Additional BLS data suggests that business-related occupations see some of the highest wage premiums for master's degree holders. A working professional with an MBA possesses the skills and knowledge necessary for lucrative jobs with higher responsibility and more room for career advancement.
Salary for Graduate Business Majors (2015)
|Major||Median Annual Salary|
|Business Management and Administration||$92,000|
Careers for MBA Grads in Washington, D.C.
Marketing managers plan, coordinate, and implement programs designed to generate widespread consumer interest in the products and services offered by their clients. They typically manage a team of dedicated specialists and analysts, working full time for large companies and organizations. The median annual salary for this position is at $132,620.
These business and finance professionals enjoy a median annual salary of $127,990. They work to maintain and oversee the general financial health of an organization. In coordination with other executives, they direct investment endeavors and develop long-term strategies to achieve their employers' financial goals.
These healthcare executives direct and administer various medical and health-related services on behalf of their organizations. Most oversee entire facilities, including hospitals, clinical departments, nonprofit organizations, and other healthcare entities. They work to ensure that these facilities adapt to innovations in technology and remain compliant with regulations. The median annual salary for this occupation is $99,730.
Management consultants and analysts earn $83,610 each year on average. They work with clients to design strategies and proposals that will improve an organization's overall efficiency. These analysts offer advice to executives to reduce cost liability and increase profit revenue, typically working full time within independent agencies or consulting firms.
Professionals working in this field help to connect buyers and sellers in various financial markets. They conduct trades, offer advice to companies in search of investors, and sell products to individuals and distributors. Many work full time in office settings, though some may work independently on behalf of financial investors and commercial entities. The median annual salary for this job is $64,120.
How to Choose an Online MBA in Washington, D.C.
There are many important considerations to make before settling on an online MBA program in Washington D.C.. 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.