Rasmussen University Online MBA Program

Rasmussen University’s School of Business offers a 100 percent online MBA that can be completed in as few as 18 months, priced at under $10,000. Through Competency-Based Education (CBE), the flexible MBA offers modules that students can complete at their own pace, meeting defined competencies through real-world projects. The courses are eligible for financial aid for qualified applicants, and students earn a grade for each completed course.

The 11-week CBE courses are led by faculty members and delivered through an online platform. Course projects allow students to apply what they learn to a real-world challenge or scenario. Faculty support includes personal interaction, feedback on completed work, and availability to answer questions and offer guidance. In addition, students have access to student success coaches and advisors.

Start dates are offered four times per year in fall, winter, spring, and summer. Students set their own pace, choosing the amount of time to dedicate to proving their proficiency, however, all work must be completed for each course by the 11 week deadline. In addition, up to 20% of the MBA program can be completed through the transfer of qualified Master’s level credits (up to 9 credits). The Rasmussen MBA is offered in all states except Connecticut, New York, and Rhode Island.

Courses for the online MBA focus on accounting, financial analysis, corporate responsibility, sustainability, operations management, marketing, strategic planning, organizational behavior, professional growth, and leadership. Throughout the courses, students learn six transferable skills including:

  • Information literacy
  • Critical thinking
  • Communication
  • Ethics and professional responsibility
  • Diversity and teamwork
  • Digital fluency

These skills along with all of the knowledge gained throughout the coursework can be applied immediately to real-world situations in the current workplace.

Career opportunities for graduates of the Rasmussen MBA program may lie in the areas of business management, healthcare administration, marketing and sales, project management, supply chain management, business analytics, education, and other leadership positions.

Rasmussen University is accredited through the Higher Learning Commission (HLC) and offers several online and campus-based master’s programs. The main headquarters is located in Bloomington, Minnesota with campuses located throughout Florida, Illinois, Kansas, Minnesota, North Dakota, and Wisconsin.

Rasmussen University Online MBA Programs

What to Expect from the Rasmussen University Online MBA

Admission Requirements: Prospective online MBA students must hold a bachelor’s degree from a regionally or nationally accredited institution with a minimum GPA of 2.75 on a 4.0 scale. Applicants who do not meet the GPA requirement but hold a GPA of 2.5 to 2.74 may request an exception by submitting a personal statement as per the guidelines of admission. No GMAT, GRE, application fee, or work experience is required. Working with an enrollment advisor, applicants will need to submit transcripts and sign enrollment documents.

Study Plan: The fully online Rasmussen MBA program can be completed in as few as 18 months. Four start dates are offered in the fall, winter, spring, and summer. Courses run for 11 weeks each and students can complete the courses at their own pace throughout each 11 week term.

MBA Curriculum: The Rasmussen University MBA comprises 48 credits over 12 courses which include accounting for business analysis; financial analysis and decision-making, corporate responsibility; business intelligence and analytics; professional growth and leadership; value chain and operations management; organizational behavior and leadership; innovation and change management; business strategy and entrepreneurship; applied strategic planning; marketing strategy; and MBA capstone.

Online Experience: Online learning through Rasmussen University allows for online simulations and virtual labs, live, interactive sessions to get questions answered and connect with faculty and fellow students, and the flexibility of self-paced course completion. Rasmussen’s online MBA courses are delivered asynchronously through the Blackboard online learning management system (LMS). Students complete competencies through a mixture of course lectures, case studies, practice exercises, coursework, and an applied project.

Faculty provide students with personal interaction, feedback on completed work, and availability to answer questions and offer guidance. Students also have access to student success coaches and advisors, tutoring, business library, learning services, and 24/7 technical support through the Personal Support Center (PSC).

On-Site Requirements: There are no on-site requirements as the Rasmussen University online MBA is 100 percent online. Students complete an online orientation at the beginning of the program.

Paying for the Rasmussen University Online MBA

The Rasmussen University online MBA costs $155 per credit for 48 credits plus fees. Students may transfer in up to 20 percent of the program credits, thereby reducing the cost further. Interested students should contact the Rasmussen University Admissions Department for full tuition details.

In addition to unsubsidized graduate student loans in accordance with the FAFSA, students may inquire with their place of employment as to a tuition reimbursement program. As well, students may seek private loans and community and organizational scholarships and grants.

Rasmussen University Master of Business Administration (MBA)

  • Study at your own pace with this fully online Competency-Based Education (CBE) program
  • Earn your MBA for less than $10,000 in just 18 months
  • Transfer in up to 20% of your program requirements
Program Essentials
Degree Level Master's Degree
Program Start Dates Fall, Winter, Spring, Summer
Credits Needed to Graduate 48
Time to Complete? Graduate in as few as 18 months.
100% Online? Yes
Program Accreditation None
Program Admissions
Level of Education Required? Bachelor's Degree
GPA Required? 2.75 or Greater
GRE or GMAT Required? No GMAT / GRE required
Work Experience Required? No
Program Tuition
Credit Hours 48
Cost Per Credit Hour $155.00
Estimated Program Tuition * $7,440

* Tuition is calculated based on credits, at the currently published tuition rate. For programs with variable tuition rates, we use the out of state, part-time student rate. Tuition number represents the cost of tuition for the entire program, not per semester or year. Total cost of tuition does not include additional fees. Please see the school website for the most up-to-date tuition costs.

Sara Navratil
Sara Navratil
Writer

Sara Navratil is a freelance writer and a Certified Canfield Success Principles Trainer. She's the owner of Sara Liza Life, a company dedicated to helping people rewrite their lives. She enjoys researching and writing about entrepreneurial and general business topics, and providing detailed information on online MBA programs. When not working she likes to read, bake, and spend time with her family.