Recent graduates and working professionals can discover new and exciting job opportunities through accelerated online graduate programs. A one-year MBA program offers a marketable advantage for those looking for career advancement in less time. Discover how an accelerated online graduate program may be right for you.
An MBA Gives You Skills for Real-World Success
The University of Saint Mary makes it convenient for students to return to the classroom and acquire the skills needed for success. The online MBA program offers the fundamentals of business leadership, ethics, and management and can be completed in as little as one year, if you take two classes each term. The program also offers the option of six MBA concentrations:
- General Management
- Health Care Management
- Human Resource Management
- Leadership and Organizational Health
- Marketing and Advertising Management
An MBA Provides Higher Earning Potential
Students who enroll in an accelerated MBA program with a specific concentration are able to see a faster return on their investment when compared to those in traditional degree programs, given that they can apply their degrees to their careers sooner. According to Monster.com, a student's concentration often determines the amount of money that one will earn after graduation. MBA graduates with a specialized focus, on average, earn higher salaries than those with a bachelor's degree or lower.
Consider the average mid-career salaries for the following professions (via the Bureau of Labor Statistics 2012 information):
- Financial Managers: $109,740 per year
- Human Resources Managers: $99,720 per year
- Marketing Managers: $115,750 per year
While the above salaries are lucrative, those that pursue their MBA can possibly have a higher earning potential. A 2014 article by Forbes notes "post-MBA starting pay was up 50% over pre-MBA pay for full-time students... As an example, if your pay before starting an MBA happened to be $50,000, you might expect to be offered $75,000 salary plus bonus (up 50%) at graduation. By the end of five years post-MBA, fifth year pay was up 80% over post-MBA starting pay for full-time students.” This suggests that earning an MBA could pay off very well in the long run and is worth the initial investment in many cases.
Minimizing Educational Debt
However, the MBA program at University of Saint Mary only costs $595 per credit hour.* That's less than $22,000 for an MBA. With a flexible online schedule, students can still work full-time, along with saving on the cost of commuting. Also, since the program is accelerated, students are able to start paying off their loans sooner than those in traditional MBA programs.
Distance Learning MBA Programs Offer More Flexibility
A distance MBA program offers more flexibility to returning students with busy schedules than traditional brick-and-mortar institutions. Students have the freedom to review course material online from anywhere, at any time. In addition, many programs offer several start dates, so students can begin their studies at a time that's convenient for them.
Learn more about the advantages of accelerated online MBA programs. Contact the University of Saint Mary for more information about courses and concentrations. An admissions manager can help you plan your classes, so you can earn your degree quickly while gaining the knowledge and skills you need to accelerate your career.
*Cost of tuition reflects that of the 2015-2016 academic year and is subject to change.