Only a handful of business schools in the country are accredited by the Association to Advance Collegiate Schools of Business (AACSB). Students can find programs with this backing offering 100% online MBAs at an affordable price. Find out more about these programs below.
Essentials of an Online MBA Program
An affordable, AACSB-accredited, online MBA program can be completed in one to two years. Programs generally consist of 30-35 total credits, and some programs charge as little as $325 per credit. Students can expect to pay anywhere from just under $12,000 to $14,000 for the degree. Below are several common courses students take in these programs.
This course covers several topics including stock markets and pricing mechanisms. The goal of the course is to introduce the financial aspects of decision-making within a company to students. This includes corporate financing, dividend policy, and the use of financial derivatives. Students will learn how to make decisions with the financial information that is available.
This course covers various aspects of a consumer market. One topic is dividing the market into manageable sections. The course teaches how to analyze the behavior of a market segment. Also, students will learn about different market systems and market strategies. Another topic to look forward to in this course is international marketing, which involves marketing products in foreign countries and territories.
Various factors impacting organizations are presented in this course. Students will learn about the organizational characteristics that affect individual behavior and how it affects productivity. Also, individual characteristics and team-based factors are analyzed. The goal of the course is to present the theories and concepts of organizational behavior.
Supply Chain Management
In this course, students will look at supply chain systems and strategies. The goal is to understand the various processes of the supply chain, such as production planning and quality control. Also, risk management and inventory control is taught. The importance of proper purchasing plans and storage solutions is emphasized in this course.
Some of the topics covered in this course include global market trends, decision making, corporate culture, and strategy implementation. The goal is to understand the perspective of a company's general management team. This includes the development of a company as well as managing a company on a day-to-day basis. Also, the long-term success of a company is an important topic covered in this course.
Program Admissions Requirements
Most universities have competitive requirements for admission into online MBA programs. Some schools only accept students who have a bachelor's degree and particular GMAT scores. Students typically complete an application and submit letters of recommendation, a resume, and an essay. Some schools waive the GMAT or GRE requirement if the student completed undergraduate courses with a high GPA.
Students can attend MBA classes using the Internet, save money, and earn a degree that is certified by the AACSB at the same time. Common courses in these programs include areas like supply chain management, financial management, and organizational behavior.