Ranked among the top states for business by Forbes magazine in 2018, Utah offers a strong regulatory environment and growth prospects alongside a large labor pool. More than 103,000 management professionals worked in Utah in 2018, making it the fourth-highest employer of managerial occupations in the country. Utah hosts major industries including healthcare, finance, and information technology, offering extensive employment opportunities for MBA-holders.
Online MBA programs in Utah increase career options and earning potential. An online MBA in Utah prepares students to thrive as organizational leaders by building their knowledge and skills in management, marketing, and economics.
With identical curricula to on-campus MBA programs, online MBA degrees allow learners to complete their coursework on a flexible, convenient basis. Accelerated programs last 12-18 months, and part-time learners can earn their degrees in 3-5 years.
Careers and Salaries for MBA Graduates in Utah
Utah’s top industries include energy, healthcare, financial services, and information technology. Students earning online MBAs in Utah gain the skills to work in many of these thriving industries, especially if they specialize in management, finance, or marketing. Some of the nation’s largest companies, such as Goldman Sachs, feature 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 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 faster rate than the national average. Candidates pursuing online MBAs in Utah can expect 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.
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 specializing in information technology can work in software development, web design, and online marketing.
Online MBA Programs for You
Grow your career, leadership, and business acumen with an accredited online MBA program.
Careers for MBA Grads in Utah
Top executives articulate and implement organizational goals and policies, often focusing on one aspect of an overall company mission. Top executives may oversee financial activities, human resources, or information technology as part of their duties. They work with department heads, managers, and fellow executives to optimize organizational efficiency and efficacy.
Utah employed the most top executives in 2018, with nearly 5,000 in these positions. Nonmetropolitan areas in central and eastern Utah ranked among the top five areas in the country for concentrations of top executives. Estimates indicate that top executive positions in Utah can expect a 12% increase from 2016-2026, far exceeding the projected national decline.
Financial managers assess and interpret data to facilitate an organization’s short- and long-term financial health. They coordinate investments, implement strategies, and produce reports, working with both executives and employees.
Financial managers work in banking and insurance, with a strong presence in professional and technical services, as well as company and enterprise management. In Utah, financial managers can expect a 43% increase in occupations from 2016-2026, far above the 16% national projection.
In 2018, financial managers in Provo and Salt Lake City, Utah, earned the highest median salaries in the state at $104,330 and $101,710, respectively.
Hospital administrators, also called medical and health services managers, can expect an estimated 39% increase in employment from 2016-2026 — double the national projection.
Hospital administrators oversee the business operations of medical centers, clinics, and comparable healthcare entities. They supervise staff, establish policies and standards, and handle human resource matters while managing budgets and financial affairs. They also ensure compliance with applicable laws and regulations.
Financial analysts assess, interpret, and report on quantitative data related to investments, banking, and related financial services. They may also specialize in risk analytics or financial ratings.
With 47 banking institutions and 68 credit unions in Utah, financial professionals enjoy extensive employment options. When Goldman Sachs opened its first office in Utah in 2000, it employed 100 people. In 2017, the Utah office represented Goldman Sachs’ second-largest location in the United States, with 2,350 employees.
Financial services ranks among Utah’s largest and fastest-growing industries. Financial analysts can expect a projected 6% increase in employment nationwide from 2016-2026, but in Utah, this estimate rises to 27%.
Computer and information systems managers plan, coordinate, and implement computer-related policies and procedures in an organization. They supervise computer and information systems activities, analyzing needs and adopting new technologies. They work with fellow computer systems analysts, information technology security specialists, and software developers to ensure safe, efficient technological processes.
Online MBA programs in Utah prepare students for managerial roles across industries. Many also offer concentrations to further enhance learners’ knowledge and skills in a specific field. With healthcare organizations among Utah’s top large employers, students would benefit from an MBA with a specialization in healthcare management.
Utah’s key industries include financial services, outdoor products and recreation, and aerospace and defense. Online MBA concentrations in finance, hospitality management, and engineering management serve professionals working in these fields, as well.For more information on MBA concentrations and how they enhance professional and personal opportunities, check out the MBA specialization hub.
Utah’s Online MBA Programs
Colleges and universities hold national or regional accreditation. Granted by an external body, accreditation validates academic standards, student outcomes, and institutional objectives and goals. Learners must consider accreditation status when choosing an institution, because it can influence financial aid and transfer options.
Alongside institutional accreditation, departments and individual programs may hold specialized or programmatic accreditation. Awarded by field-specific entities, programmatic accreditation verifies the quality of a school’s curriculum, faculty, and student outcomes. To learn more about the bodies that accredit business programs and the overall importance of accreditation, refer to the MBA accreditation guide.
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.
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.
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.