An MBA is an advanced degree that delves into the theories and practices of business management, marketing, economics, and finance. Within the realm of the MBA degree, there are different concentrations that can prepare you for specific kinds of business careers. This article will discuss one of these concentrations, strategic management, and look at specific online programs that offer the MBA in strategic management.
Overview of the MBA in Strategic Management
Strategic management is a field of study that examines how a company can strategically improve and enhance its resources in terms of operations, employee performance, capital, and technology. When you choose to specialize in strategic management, you will take specific courses in such topics as organizational design, venture management, human resource management, and resource allocation and planning. This type of MBA specialization will prepare you for a career as a chief operating officer, a management consultant, or a human resource manager.
Best Online MBA in Strategic Management Programs
The online MBA in strategic management at Hofstra University is a 45-credit program that can be completed in two years. The MBA curriculum consists of core and advanced core courses, as well as five strategic management concentration courses. This program also takes a global focus and features a Global Practicum on Strategy, which is an international trip that melds your online learning with real world experience. There are two residences that take place on the Hofstra campus: one in the fall that acts as an introduction to the program and one at the end of your program where you must complete a capstone project. To apply to this program, you will need an application, transcripts, GMAT or GRE scores, which can be waived with professional experience, a personal statement, a resume, and letters of recommendation.
The University of Texas at Dallas
The University of Texas at Dallas has an online MBA program that consists of 53 credits and can be completed in 16-72 months, depending on your desired speed. For the strategic management concentration, you will need to take 12 elective credits within this specialization in addition to your core and elective credits. These specialized courses could include topics such as leadership theories and management consulting. When applying to this program you will need to submit an application, a resume, an essay, letters of recommendation, and GMAT or GRE scores, which can be waived if you already have an AACSB-accredited undergraduate or graduate business degree with a G.P.A. over 3.6 or have an undergraduate degree from the University of Texas at Dallas with a G.P.A over 3.5.
University of North Texas
Another university that offers an MBA in strategic management is the University of North Texas. This accelerated online program is flexible, and students can complete the 36 credits in 14 months. You will need to take 18 credits of core courses that touch on everything from marketing to accounting, and in addition, you will take 15 credits in the strategic management specialty as well one elective strategic management course that could center on personnel planning or leadership development. Some of the admission materials that you will need include an application, transcripts, GMAT scores, an essay, a resume, and letters of recommendation.
The MBA in strategic management at Villanova is a 48-credit program that can be completed in two years. During the first two semesters only, you will need to attend Leadership Challenge classes, which take place on the weekend at the Villanova campus. Otherwise, the program is completed online. For the strategic management concentration, you will need to take 7.5 elective credits. Application materials for entrance into this MBA in strategic management program will include two essays, transcripts, GMAT or GRE scores, and letters of recommendation.
University of the Southwest
University of the Southwest also offers an online MBA with a concentration in strategic management that can be completed in only one year. This 36-credit program has small class sizes and even offers a laptop and digital textbooks, which are included in your tuition. Along with seven core courses, you will also need to take five courses within the strategic management specialization with the capstone course being on the topic of organizational design. For entrance into this program, you will need to hold a bachelor's degree and submit an application along with a resume and a personal statement.
The MBA in Strategic Management degree programs described above can be completed online at your own pace and are flexible enough to allow you to work as you earn your specialized degree. The strategic management concentration is ideal for those who want to take on a higher-level management position.