Online MBA Programs in Wyoming
| OnlineMBA.com Staff
Are you ready to discover your MBA program?
Perhaps partly because Wyoming harbors just 10 degree-granting higher education institutions, many Wyoming students turn to distance education. Most online programs can fit around your current work schedule and save you money by eliminating commuting and on-campus residency costs.
Only 6.7% of the state's population holds a master's degree, so earning a Wyoming online MBA can provide a competitive advantage in hiring for management positions with this state's biggest employers. The following page provides a sampling of successful online MBA programs, careers, and employment sectors available in Wyoming. With this valuable information, you can plan your career more strategically and identify the Wyoming online MBA that best supports your plans.
Careers and Salaries for MBA Graduates in Wyoming
MBA graduates in Wyoming find a promising job outlook and robust economy. Wyoming's economy mirrors the strong U.S. economy, with employment and income increases in 2018. The state's low unemployment rate of 3.8% indicates that most people who want a job in Wyoming find one.
The top industries in Wyoming include education and healthcare, with the largest employers located in major urban areas. The University of Wyoming in Laramie, Natrona County School District in Casper, and Cheyenne Regional Medical Center in Cheyenne rank among the state's top employers. Other major industries cluster primarily in rural areas and include agriculture, mineral extraction, and energy. Tourism is also an attractive industry, with the state boasting Yellowstone National Park, Grand Teton National Park, and Independence Rock.
|Company||Location||Main Industry||Number of Employees|
|Natrona County School District||Casper||Education||2,500|
|Cheyenne Regional Medical Center||Cheyenne||Healthcare||1,853|
|US Air National Guard||Cheyenne||Legislative Bodies||1,500|
Source: Career One Stop
Earning an online MBA can help graduates land a job with one of Wyoming's top employers. The skills that students gain while studying business at the graduate level apply broadly to nearly any industry, including education and healthcare. MBA graduates learn leadership, management, communication, and interpersonal skills useful in nearly any organization, both for-profit and nonprofit. The education and healthcare industries both need leaders who understand how to manage finances and people.
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Careers for MBA Grads in Wyoming
Also known as healthcare administrators or executives, medical and health services managers include nursing home managers, clinic managers, and health information managers. These professionals manage medical departments or institutions, often overseeing staffing, finances, technology, and recordkeeping. Medical and health services managers also attend to public relations and keep current on legal and regulatory shifts in the field. MBA graduates interested in healthcare careers benefit from general MBA coursework on leadership, operations management, and budgeting, or from MBA in healthcare concentrations featuring industry-specific courses.
Wyoming's growing healthcare industry bodes well for aspiring medical and health services managers. The U.S. Department of Labor projects a 19% growth in medical and health services manager positions between 2016 and 2026. U.S. Bureau of Labor Statistics (BLS) salary data as of May 2018 reports that a medical and health services manager in Wyoming earns about $100,720 annually.
Human resources managers supervise staffing processes, attend to employee hiring and benefits, and assist executives in formulating long-term plans. These versatile managers can come from a variety of academic backgrounds, but MBA coursework in communications and leadership can provide skills to address sensitive matters such as employee grievances and disciplinary action. An MBA in HR management often provides ideal academic preparation for this position. MBA graduates interested in HR management can seek employment with any of Wyoming's top companies. Wyoming's 160 HR managers earned an annual mean salary of $97,760 as of May 2018, according to the BLS.
In addition to supervising the organization's directors, managers, or department heads, top executives create goals, make high-level decisions, and perform public relations duties. To qualify for this leadership role, top executives usually need an advanced degree plus considerable management experience in a related industry.
An MBA focused on a relevant industry or leadership area such as management, organizational leadership, or public relations can strengthen a candidate's job application. Wyoming's top executives lead the state's major companies and schools, nonprofits, and governmental organizations. As of May 2018, these professionals earned mean salaries of $105,920 or $131,020 annually, depending on the position title and organization.
Financial managers work in education, healthcare, mining, and many other leading Wyoming industries. These professionals supervise financial staff and direct financial activities including budgeting, fundraising, investing, and compensation. To become a financial manager in Wyoming, candidates need related finance industry experience.
Although many financial managers hold a bachelor's degree, MBA coursework in risk management, accounting, and funds management builds additional relevant knowledge and skills for this position. Students may also select a finance-related MBA concentration. According to BLS data, Wyoming's 680 financial managers earn a mean annual salary of $116,920. The BLS projects a 15% job growth in financial manager positions between 2016 and 2026.
Computer and information systems managers make technology-related decisions and lead IT staff in implementation. Decisions and tasks typically relate to information security, systems and equipment upgrades, and technical staffing. Although entry-level managers sometimes hold bachelor's degrees, students aspiring to higher-level computer and information systems management positions benefit from the focused curriculum and specialization enabled by a technology-related MBA concentration.
MBA Concentrations for Wyoming Students
Some schools offer both general MBA and MBA concentration program options. While a general Wyoming MBA offers business-related coursework relevant to most managerial positions in most state industries, a concentrated MBA program includes industry-specific or role-specific coursework. In many cases, an MBA with a concentration translates into easier access to a particular industry or specialized position.
Students with clear career aspirations can sometimes reach their goals more quickly by choosing concentrated online MBA programs in Wyoming. For example, students seeking management roles in the state's booming healthcare, mining, and tourism industries can find corresponding Wyoming MBA concentrations in healthcare administration, supply chain or operations management, and hospitality management.
Online MBA Programs in Surrounding States
Wyoming's Online MBA Programs
The list below introduces schools offering online MBA programs in Wyoming. You can compare programs, consider features such as accreditation status or concentrations available, and select a respected program tailored to your career goals. Accreditation status often factors into financial aid access, transferability of credits, and employability, so take time to learn about MBA accreditation standards.
Paying close attention to capstone requirements, time-to-degree, and attendance requirements can help you ensure that your chosen program aligns with your lifestyle, time constraints, and goals.
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