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Due to strong job growth for business professionals in the state, Vermont offers an excellent environment to earn an MBA. According to Vermont's Department of Labor, the fastest-growing occupations in the state include marketing specialists, financial advisors, management analysts, marketing managers, and operations research analysts. Additionally, the Department of Labor projects that, over the next several years, job openings in Vermont will grow faster in occupations that require a professional degree, as opposed to a bachelor's degree or lower.
Online education has also become more popular in Vermont in recent years. Nearly a quarter of Vermont's undergraduate and graduate students took some online classes in 2015, up from 19% in 2012.
Below you can learn about selected MBA programs in Vermont. This page also provides useful information on the state's largest employers, its most important industries, and some potential careers for graduates of Vermont online MBA programs.
Careers and Salaries for MBA Graduates in Vermont
Vermont is a popular tourism destination, especially for skiing, camping, and hiking, among other outdoor activities. Two of the state's top five employers are lodges and resorts. These offer skiing in the winter and other activities and amenities during the fall, spring, and summer months. In addition to tourism, Vermont offers several other key industries such as healthcare, finance, and education.
Vermont's healthcare landscape includes several nonprofit hospitals, community healthcare centers, medical manufacturing and software development companies, and university research medical centers. In fact, the University of Vermont Medical Center is the state's largest employer.
All of the industries below employ managers or executives to supervise staff and coordinate operational activities. According to the U.S. Bureau of Labor Statistics (BLS), 16,170 individuals in the Vermont workforce worked in management occupations in 2018, and this number has likely increased. The BLS projects healthcare administration positions to grow at a particularly fast rate of 20% -- much higher than the national average growth rate for all positions.
Students pursuing an online MBA in Vermont can take advantage of this expansion by tailoring their degree to the state's economic landscape.
|Company||Location||Main Industry||Number of Employees|
|University of Vermont Medical Center||Burlington||Healthcare||6,405|
|University of Vermont||Burlington||Higher Education||3,000|
|Jay Peak Resort||Jay Peak||Tourism and Hospitality||2,000|
Source: Career One Stop
Graduates with online MBAs can qualify to work at one of Vermont's top employers (shown above) in management or administrative capacities. As students, these learners may benefit from choosing concentrations in healthcare administration, supply chain management, operations management, finance, or human resource management -- all of which can apply to the above companies and industries. In MBA programs that do not offer specializations, students can curate a selection of electives with potential jobs and industries in mind.
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Careers for MBA Grads in Vermont
Healthcare administrators oversee a variety of activities in facilities such as hospitals, doctors' offices, outpatient care facilities, and nursing homes. Sometimes called healthcare executives or health services managers, these professionals may oversee an entire organization or a specific department. They keep records, manage budgets, hire personnel, attend board meetings, and train employees. Aspiring healthcare administrators should consider earning their online MBA in Vermont, since healthcare ranks among the state's top industries.
According to the BLS, Vermont's health services managers earn a mean annual income of $103,030. Projections Central expects a 15.5% increase in employment of healthcare administrators in Vermont from 2016-2026.
Financial managers work to ensure the financial stability and success of their business. They keep track of market trends, analyze company financial information, and forecast future financial needs. Enjoying titles such as controller, risk manager, and finance officer, these managers advise top management on financial decisions and look for ways to cut costs while boosting profits. Many employers prefer to hire financial managers who hold an MBA.
Strategic Sourcing Manager
Strategic sourcing managers need strong communication skills and typically hold at least a bachelor's degree in economics, logistics, finance, or a similar field. Many employers prefer candidates with master's degrees in business. They oversee the purchases a business makes to increase its profits and competitiveness. Strategic sourcing managers work with suppliers and vendors, collaborate with their procurement department, and develop new purchasing strategies.
Operations managers have different responsibilities depending on the organization and department they work for, but they generally need excellent communication, leadership, and organizational skills. They benefit from an MBA and need at least a bachelor's degree in a field such as management, business, or finance. Operations managers may oversee activities such as purchasing, manufacturing, and budgeting. They also supervise employees and often direct operations deemed too general for another area of management.
Information Technology Manager
Often called computer and information systems managers, these professionals plan, implement, and maintain their organization's information systems. They determine their organization's IT needs, install the proper systems, and take measures to secure important data. IT managers benefit from an MBA, since they supervise employees, negotiate contracts, and manage budgets.
Vermont's information technology managers enjoy a mean yearly income of $122,960. Projections Central expects an increase of 5.7% for employment of IT managers in Vermont over the next several years -- around double the job growth rate for the state as a whole.
MBA Concentrations for Vermont Students
Many Vermont MBA programs offer specialized tracks that enable students to focus their studies in a particular business area. These programs typically require several general business courses covering topics such as accounting, economics, and management. Students who choose a concentration area take a few specialized classes in a subject such as finance, leadership, or project management.
Business students should focus on an area that will prepare them for work in one of Vermont's major industries, which include healthcare, tourism, and education. To learn more about MBA concentrations, check out our specializations page.
Top Vermont's Online MBA Programs
The list below details a sampling of Vermont MBA programs. Peruse this list to learn about the different courses, resources, concentrations, and projects each school offers. Compare your favorite programs to decide which business school best fits your learning preferences, interests, and career goals.
All the schools below hold proper accreditation, so they all meet high educational standards. To learn more about MBA program accreditation, take a look at this page.
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