Business Schools with IACBE-Accredited Online MBA Programs
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In today’s dynamic job market, having a bachelor’s degree sometimes is not enough. A master’s degree in business administration (MBA) is considered to be the top qualification for business management. Students pursuing an MBA learn about all facets of the business world through instruction in marketing, economics, accounting, leadership, finance, and human resource management. The coursework and real-world examples prepare students to tackle all areas of business administration.
MBA graduates can obtain management-level roles in public and private companies. They work in a wide range of industries, including retail, supply chain management, accountancy, public relations, real estate, banking, investment, and hospitality. Many universities now offer fully online MBA programs, along with several concentrations from which to choose depending on each student’s experience and professional interests.
The International Accreditation Council for Business Education (IACBE) is one of three organizations that offers accreditation to MBA and other business programs. IACBE approves entities based on the mission of a school, as well as the performance of students. The purpose of the IACBE is “to be the leader in mission-driven and outcomes-based programmatic accreditation for business and management education.” The IACBE provides accreditation to bachelor’s, master’s, associate, and doctoral degree programs.
The following guide covers five IACBE-accredited online MBA programs, as well as three distinguished faculty members from these programs.
Featured IACBE-Accredited Online MBA Programs
The University of Saint Mary’s online MBA helps students develop managerial skills and pursue more lucrative job opportunities. The fully online program holds a particular emphasis on corporate responsibility and ethics.
This 36-credit MBA program offers six concentrations: finance, general management, healthcare management, human resource management, leadership and organizational health, and marketing and advertising management. The curriculum includes nine core courses and three concentration courses. The core courses cover business fundamentals in accounting, marketing, organizational management, managerial accounting, managerial economics, human resources management, and operational management, among other topics.
To apply, students must have a minimum GPA of 2.75, official transcripts of all prior coursework, letters of recommendation, a resume, and a complete application. Applicants do not need to have previous work experience or submit GMAT scores.
|Location: St. Leavenworth, KS
|Tuition: $630 per credit
|Program length: 12 months
The online MBA at Saint Leo University meets the flexibility needs of working professionals. The 36-credit curriculum includes courses in human resources management, professional development, managerial economics, and decision support systems. Students also get an overview of the legal environment in business and organizational behavior. The program focuses on practical experiences and real-world applicability.
Students learn the importance of teamwork, how to be a productive team member, and how to lead cross-functional collaboration. They also develop critical thinking and decision-making skills across marketing, finance, ethics, law, human resource management, and management strategies so that they can tackle challenges in all types of organizations.
The Accreditation Council for Business Schools and Programs (ACBSP) has also accredited this IACBE-accredited program. Applicants need a minimum GPA of 3.0, and in some cases, GMAT scores as well.
|Location: Saint Leo, FL
|Tuition: $555 per credit
|Program length: 12 months
Franklin University’s globally recognized online MBA is offered in the U.S. and other countries around the world. The 100 percent online program is made up of 36 credits that will help students study business from a practical and theoretical perspective.
The program equips students with management skills and provides them with a unique business perspective on different aspects of running a company. Students learn fundamental business concepts, such as corporate financial management, strategic management, financial and managerial accounting, human resource management, and marketing management. Throughout their studies, students will learn how to brainstorm and execute solutions to problems.
The program helps students develop essential skills such as strategic decision making, team-building, communication, leadership, and analysis. Upon completion of the program, students can pursue management level roles at businesses of varying sizes.
To apply, students must have a bachelor’s degree from an accredited university and a minimum GPA of 2.75. GMAT and GRE requirements can be waived in individual cases.
|Location: Columbus, OH
|Tuition: $670 per credit
|Program length: 14 months
Saint Francis University’s online MBA combines case studies, current events, and emerging business trends with fundamental business education to help students develop a holistic view of modern management. Experienced faculty, some of whom are still working on the field, teach the program.
The program consists of 36 to 48 credits depending on each student’s undergraduate credits. Students have the option to choose from various concentrations in accounting, healthcare administration, finance, management, information systems, marketing, labor relations, and human resource management. They take classes in quantitative business analysis, financial management, perspectives on management, managerial economics, marketing management, and management accounting.
The MBA program prepares students to lead for-profit and nonprofit organizations. Graduates from the program have the opportunity to work in several industries such as engineering, manufacturing, information technology, healthcare, and professional services. Admission requirements include a minimum GPA of 3.0 and the submission of GMAT scores, which can be waived if the applicant has four years of work experience or a GPA of 3.3 or higher.
|Location: Loretto, PA
|Tuition: $875 per credit
|Program length: Within 60 months
Seton Hill University offers an online MBA program that prepares students to lead business organizations. The program is offered online, on-campus, or in a combination of both and can be further specialized through one of four tracks: forensic accounting and fraud examination, entrepreneurship, management, or healthcare administration.
The 36-credit curriculum explores topics in project management, the economics for decision making, financial accounting, and marketing and sales. They learn how to take strategic decisions and manage their workforce.
Graduates of the program develop managerial, analytical, and communication skills so that they can affect changes and strategically analyze issues within their organization. Students applying to the program must have a bachelor’s degree from an accredited institute; GMAT/GRE scores are not required.
|Location: Greensburg, PA
|Tuition: $790 per credit
|Program length: 12 months
Professors to Know in IACBE-Accredited Online MBA Programs
Dr. Mark Harvey is the director of undergraduate and graduate programs at the University of Saint Mary. He teaches business courses on legal and ethical issues, leadership, international political economy, and international business. He also teaches political science classes on political theory, international relations, political strategy and management, and American government. He has taught at Duke University, the University of Kansas, the University of Birmingham, and the London School of Economics.
Dr. Harvey is a member of professional organizations, such as the Kansas Association of Historians and American Politics Group. He completed his bachelor's degree in political science, English, and psychology from Washburn University. He also has two master's degrees—one in political science from the University of Missouri-Kansas City and one in international relations from Swansea University—and a doctorate in political science, international relations, comparative politics, American politics, and political theory from the University of Kansas.