MBA in Strategy & Strategic Management
An MBA concentrated in strategy and strategic management is a valuable asset for established business professionals looking to expand their career potential by giving them the skills to not only step confidently into senior management positions, but also to set strategic goals and provide key leadership for their teams and companies. The following online degree programs provide a strong foundation in practical and innovative curricula, and many are closely tied to their on-campus counterparts, sharing live courses, international travel opportunities, and widely respected faculty.
Obtaining a strategic management MBA can position business professionals to offer employers innovative ideas regarding employee management and psychology and strategic direction in fast-changing and international markets. Many strategic management programs give students the opportunity to travel abroad to further their studies, emphasizing the crucial global element of a strategic management business education.
The programs listed below offer a plethora of options for those seeking MBA degrees concentrated on strategy and strategic management, with some giving students hybrid learning opportunities that enable them to connect with their classmates during specialized on-campus events; highly flexible timeframes for completing their degree; international study opportunities; and a variety of tuition and financial aid options for those who have other monetary obligations to consider, like family, undergraduate loans, etc.
With the ability to pursue an MBA in strategic management online, busy professionals can now pursue degrees to advance their careers without taking time away from the workforce to do so. The following guide provides insight into a few of the most widely respected and flexible online MBA programs that offer concentrations in strategy and strategic management for those business professionals looking to ascend to leadership positions.
Professors to Know in Strategy and Strategic Management
Jonathan Doh, PhD Villanova University School of Business
Dr. Jonathan Doh is the associate dean of research, faculty director of the Center for Global Leadership, Herbert G. Rammrath Endowed Chair in International Business, and a professor of management and operations at the Villanova University School of Business. He earned his PhD from George Washington University in 2001, and his research interests include multinational strategy. Dr. Doh has taught courses in business policy and strategy, global strategy, and numerous topics in management. He was an elected fellow at the Academy of International Business in 2015, was recognized as a VSB Outstanding Scholar, and received the Gold Medal Award from the US Department of Commerce.
Stephanie Solansky, PhD University of Houston–Victoria
Dr. Stephanie Solansky is an associate professor of management at the University of Houston–Victoria. She has been published in numerous professional and academic journals, including the Journal of Leadership & Organizational Studies, the Journal of Managerial Psychology, and Leadership Quarterly. She teaches courses in leadership and leadership and organizational change, has been named to Leadership Quarterly’s Top 50 Most Cited List, and has been recognized as submitting the best paper by numerous academic journals. Dr. Solansky received her PhD from the University of Texas at San Antonio in organization and management studies.
Featured Online MBA Programs in Strategy and Strategic Management1The University of Delaware, The Alfred Lerner College of Business & EconomicsView Full Profile
The Alfred Lerner College of Business & Economics offers an online MBA degree with a concentration in strategic leadership. UD requires the completion of 16 courses, 11 from the core MBA curriculum, three from specialized strategic leadership courses, and two from other MBA concentrations, for a combined total of 44 credits. For those looking to obtain a degree quickly, this strategic leadership MBA can be completed in as little as 16 months, with students determining their own pace.
GRE or GMAT scores are required for admissions, though exam waivers are available for applicants based on one’s undergraduate GPA, work experience, and math education history. In a nod to Delaware students, those who have obtained a bachelor’s from Lerner or a BA in economics from the University of Delaware may also qualify for an exam waiver.
|Location: Newark, Delaware|
|Time to completion: 16 months|
|Estimated tuition: $35,750 for the strategic leadership MBA (tuition increases if an additional concentration is pursued|
Winthrop University offers its online MBA degree in two concentrations, including strategic leadership, and lauds its rigorous curriculum for preparing graduates for the business world with confidence, problem-solving skills, and leadership abilities. Winthrop requires MBA candidates to complete 36 credits, with 27 coming from core courses and nine from elective courses, including Leadership Dynamics and International Business Culture. The program emphasizes the support of the same faculty and career guidance counselors that are available to on-campus MBA students. For those applicants with a non-business undergraduate degree, a series of prerequisite business courses must be completed before starting the online MBA program. Though the GMAT is required, an exam waiver is available for qualified applicants based on past work experience.
|Location: Rock Hill, South Carolina|
|Time to completion: 24 months|
|Estimated tuition: $1,193 per credit|
Villanova University’s online MBA shares a curriculum and highly accomplished faculty with its on-campus equivalent, and the school connects its students with industry thought-leaders and leading companies and organizations. The MBA in strategic management (one of five concentration options) requires the completion of 21 courses (48 credit-hours) taken over the course of six semesters, including the summer semester. Students may finish their degree in as little as two years.
The program emphasizes instilling a global perspective in its graduates, and immersing students in real-world business experiences. GRE or GMAT scores are required. Courses include management for innovation and creativity and global strategic management, and on-campus events that emphasize collaboration and peer learning are required.
|Location: Villanova, Pennsylvania|
|Time to completion: 24 to 36 months|
|Estimated tuition: $1,350 per credit|
The Tepper School of Business, ranked the #2 online MBA by U.S. News and World Report, offers students a part-time program taught by the same renowned faculty that instructs on campus. The degree focuses on both strategic analytics and leadership development (with one-on-one coaching available through the Accelerate Leadership Center). Online students are given the opportunity to sit in on live classes and participate in offline group projects during “Access Weekends,” which are held at various locations. Tepper claims that having leadership as part of its online and on-campus core curriculum is what separates it from other programs.
Please note that either the GMAT or GRE is required (though the GMAT is preferred), and applicants may also apply for generous loans or scholarships through Tepper’s Financial Aid Office.
|Location: Pittsburgh, Pennsylvania|
|Time to completion: 32 months part-time, including six on-site weekends per year at various locations|
|Estimated tuition: $16,500 per semester|
The University of Houston in Victoria offers a cross-disciplinary, strategic MBA that educates students on stepping into leadership roles, developing business strategy, and refining decision-making skills. The program emphasizes simulations and case studies to prepare students for real-world business problem-solving, and students may combine on-campus and online classes in pursuing their degree.
Instead of offering strategic management as a concentration, the University of Houston-Victoria program is a strategic MBA that offers concentrations within the strategic framework. The school requires 30 to 48 hours of graduate semester credits, depending on undergraduate coursework, and students can complete the strategic MBA in as little as 18 months. The University of Houston-Victoria does offer GMAT exam waivers and one of the lower tuition rates among its peer schools.
|Location: Houston, Texas|
|Time to completion 18 months or more|
|Estimated tuition UHV Tuition Calculator|
The Sawyer Business School offers a flexible online MBA program, with six concentration options, including one in strategic management. GRE or GMAT scores are required, though some students may qualify for an exam waiver. Suffolk touts its part-time program as catering to busy professionals, and also gives over 60 percent of its MBA students some form of financial aid. A total of 36 to 51 credits are required to complete the MBA program, with core courses comprising 15 of these credits in areas including you as a leader: self-awareness, feedback, and decision-making and the strategic context of international business.
|Location: Boston, Massachusetts|
|Time to completion: 12 months or more for full-time students; 2–3 years for part-time students|
|Estimated tuition: $21,990 full-time per semester; $1,466 part-time per credit|
The Jindal School of Management offers an online MBA for busy professionals with a diversity of backgrounds and number of years in the workforce. Students can concentrate their degree in strategic management, which allows them to focus on issues of strategic design, top-level management, organizational structuring and alliances, and more. Courses offered in this concentration include business strategies for sustainability and strategic leadership in healthcare. The online program requires 53 credits: 30 core semester-credits and 23 elective semester-credits. An undergraduate calculus course and GMAT and GRE scores are required, though exam waivers are available to qualified applicants.
|Time to completion: 16 to 72 months|
|Tuition: $34,740 for the full program|
|Estimated tuition: UT Dallas Tuition Calculator|
The School of Business Administration at Widener University offers an online MBA program with a focus on business process innovation, which is directed by Yvonne Lederer Antonucci, who also serves as the SAP university alliance coordinator. There are several concentrations available, including healthcare management, leadership, and business process innovation. The 33-credit MBA in business process innovation program requires students to take a variety of core courses, as well as specialization courses, which include business process management (BPM), business process strategy and innovation, and knowledge management and social BPM. Overall, the program can be completed in between 18 to 24 months, and students are never required to visit the campus to finish their degree, although all online students have the opportunity to attend on-campus events, such as career fairs or networking opportunities.
|Location: Chester, Pennsylvania|
|Accreditation: AACSB International|
|Tuition: $33,132 for the full program|
|Program length: 18 to 24 months|
Admissions Requirements - Online MBA Programs
Every MBA program in international business has different admission requirements. Some common requirements derived from the programs above include:
- A bachelor’s degree that includes a satisfactory GPA and a focus on business, finance, statistics, math, or economics
- A certain GMAT score, which can sometimes be waived if a candidate has other graduate-level or higher academic credentials
- Some professional experience in a business/financial field
- Test of English as a Foreign Language (TOEFL) for non-native speakers of English
- Personal statement of goals and objectives
- Letters of recommendation
- Completion of certain pre-requisite business and finance courses or an abridged overview for candidates with non-business backgrounds
An MBA from an accredited academic program means students are receiving an education that adheres to established standards for quality, vital subjects, and current knowledge areas. For institutions or programs, the accreditation process may include campus visits or student and faculty surveys, as well as examinations of a school’s graduation rate, career placement (i.e., student outcomes), industry involvement, and alumni support. To keep accreditation current, each institution or program must engage in an intermittent renewal process. Accreditation for business programs is done by two major accrediting bodies.
TheAssociation to Advance Collegiate Schools of Business (AACSB) focuses on promoting and improving programs in business administration, management, and related courses such as operations, human resources, and real estate. The AACSB recognizes the importance of faculty research and providing students with solid knowledge foundations. Of the 799 schools in 53 territories with AACSB accreditation, most are larger programs with a strong institutional focus.
The Accreditation Council for Business Schools and Programs (ACBSP) also works to accredit business programs in higher education. This newer organization focuses on tangible learning outcomes and quality improvement, especially as workforce demands change. There are about 2,983 ACBSP accredited programs worldwide.