There are many options available for online executive MBA programs, and it's important to research carefully before selecting a school. This article reviews several schools that offer online programs, as well as specifics on types of specializations available for the degree.
How to Select an Online Accredited EMBA School
Some schools also offer specialty concentrations within the MBA program, such as banking or energy. Students should consider accreditation and program delivery along with admission requirements.
It is important to verify a school's accreditation before further investigating any of their programs. A school's accreditation status will very often be on their website on the Home or About Us pages. Those interested in an online accredited executive MBA program can also go to the Council for Higher Education Accreditation (www.chea.org) or the Distance Education Accrediting Commission (www.deac.org) for school accreditation status.
When selecting an online executive MBA program it is important to determine the delivery method of that program. Some programs are 100% online and require no physical attendance; for these types of programs, students should determine whether the program allows 24/7 access to course materials or if virtual lectures must be attended at certain times.
There are also hybrid programs that offer part or most of the course online but require some campus attendance. The campus attendance requirement can range from one weekend per term up to two weeks per year, and may be spread out between one and four sessions.
Admission requirements for online executive MBA programs vary. Some programs require a minimum undergraduate GPA and GMAT score while others do not. Some schools will waive the GMAT requirement if an applicant has demonstrated academic excellence or significant professional experience.
All programs require a bachelor's degree, professional resume, statement of purpose, letters of recommendation and a minimum number of years as a working professional. Some programs additionally require an employer's endorsement.
List of Online Executive MBA Programs
Online Executive MBA
A general online executive MBA program usually takes two years to complete and may have a fixed-curriculum rather than offering specialties or concentrations. Students study business fundamentals such as organization and leadership, accounting and finance, innovation and technology management. Coursework may also include:
- Marketing management
- Organizational design
- Professional ethics and practice
- Global business
- Business analytics
Online Executive MBA in Banking and Financial Institutions
Some schools offer online executive MBA programs with specialties or concentrations in fields such as banking and financial institutions. These 2-year programs cover topics such as commercial banking, administrative finance, statistical analysis and credit analysis. Students may also study:
- Government and not-for-profit accounting
- Managerial law
- Managerial economics
- Quantitative tools for business
Online Executive MBA in Energy Finance
An executive MBA program focusing on energy finance offers courses that incorporate specifics of the energy industry into the coursework of an MBA degree. Managerial accounting, for example, may be taught with a focus on accounting for the gas and oil industry. Course topics include:
- Energy trading
- Managerial communication
- Financial valuation and modeling
- Supply chain management
Schools with Online Executive MBA Programs
Texas Southern University offers an executive MBA with a focus on energy finance. The program is available fully online and prepares students to manage organizations in the sector of energy. This program includes an international business trip over the course of 7-10 days.
Sam Houston State University offers an online executive MBA with specialization in banking and financial institutions. This program prepares you to manage financial institutions. This program is a cohort that requires an annual two-week residency requirement before each fall semester.
There are several factors to take into consideration when looking for an online executive MBA program, including specialization, cohort-style programs, flexibility and in-person requirements. Pay special attention to accreditation and admission requirements prior to applying.