Earning an online MBA in Maryland is an excellent first step toward a lucrative business career in the state. According to the U.S. Bureau of Labor Statistics (BLS), business and financial professionals in Maryland earn a mean annual salary of $80,870 — higher than the national mean salary for such professionals. Moreover, nearly 13% of Maryland residents hold a master’s degree, and online education is gaining popularity in the state. Of Maryland’s approximately 71,000 graduate students, more than 22,000 study in an exclusively distance format.
This page features a list of MBA programs in Maryland and provides the information you need to decide whether a Maryland business school would suit you. Read on to learn about Maryland’s largest employers, the state’s booming industries, and which Maryland cities boast the most job opportunities. This page also offers an in-depth look at several possible business careers available to graduates of online MBA programs in Maryland.
Careers and Salaries for MBA Graduates in Maryland
The Baltimore Workforce Development Board reports that Maryland’s fastest-growing careers include information security analyst, forensic scientist, and computer systems analyst. An MBA can serve as a starting point for graduates pursuing these careers. Moreover, online MBA programs allow students to take advantage of projected growth for these occupations, allowing learners to gain professional experience at their jobs while earning advanced degrees.
Centrally located on the East Coast, the biohealth and life sciences industry in Maryland offers opportunities throughout the state. These include 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.
Furthermore, of the organizations mentioned on the Cybersecurity 500 list, 15 base their businesses out of Maryland. The advanced manufacturing industry comprises over 3,900 organizations, all demanding highly skilled leaders throughout the state. The Port of Baltimore is one the top deepwater ports in the country, delivering over one-third of America’s products. Similarly, Maryland features four foreign trade zones and international airports that move manufacturing products.
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 qualifying graduates to work with these employers, depending on their concentration.
MBA concentration options include asset management, strategic operations management, homeland security, accounting, and innovation management.
Online MBA Programs for You
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Careers for MBA Grads in Maryland
Operations managers plan and oversee various activities at organizations in the public and private sectors. They may direct operations related to human resources, purchasing, manufacturing, or sales. They sometimes assume responsibility for directing general activities that do not strictly fall under a specific department. An MBA offers wide-ranging business knowledge, preparing prospective operations managers to take on a variety of responsibilities.
Maryland is home to more than 500 biotechnology companies, making the state an excellent location to launch a business analysis career in the biotech industry. Business analysts, sometimes called business development analysts, conduct research and analyze trends to grow their organization. They review current business operations and offer recommendations to improve efficiency and business performance.
Program project managers are senior-level staff members who oversee teams and direct projects from start to finish. Project managers work in many industries, including some of the top sectors in Maryland. They manage schedules, budgets, and plans related to particular projects, and they can work with multiple departments. These professionals need skills in organization, communication, and leadership. They often hold master’s degrees in fields like information technology or business administration.
Natural sciences managers direct operations and research activities for organizations in the life sciences, mathematics, statistics, and physical sciences fields. They often work in scientific research, government agencies, and pharmaceutical manufacturing. They need strong knowledge of their scientific field, and many choose to develop their general management abilities through MBA programs.
Professional services managers typically work in businesses that sell technical products, such as enterprise software. Professional services managers organize projects, meet with clients, and facilitate communication between technical and sales departments. They may collaborate with their organization’s research and development division, as well.
These professionals generally need an undergraduate degree in computer science, and they would benefit from the communication, management, and analysis skills developed by an MBA program.
Students can pursue a concentration for their Maryland online MBA to prepare for a particular business administration career. When choosing a specialization, learners should consider their personal interests and career goals. They should also account for Maryland’s growing occupations and most important industries.
Key industries in Maryland include information technology, cybersecurity, manufacturing, aerospace, financial services, and agriculture. Occupations in Baltimore with the most job openings include operations manager, management analyst, and business operations specialist. Visit this specializations hub to learn more about MBA focus areas.
Below you can browse a list of online MBA programs in Maryland. Read through the list to compare schools and decide which program best fits your academic interests and career aspirations.
All of the schools below hold accreditation and uphold high academic standards. Prospective students should only apply to accredited Maryland MBA programs, since attending an accredited university proves important for finding jobs, securing scholarships and grants, and pursuing further education.
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.
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.
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.
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.
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.
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.
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.
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.
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.