University of Delaware Online MBA - Alfred Lerner College of Business & Economics
The University of Delaware Alfred Lerner College of Business and Economics offers an online MBA with a general track or five concentrations: business analytics, strategic leadership, finance, healthcare, and international business. Students may also earn multiple concentrations or create their own for a tailored degree. The University of Delaware is located in Newark, Delaware, and offers a top-ranked online MBA program in the nation. Students of all academic and work backgrounds may apply, but must hold a bachelor’s degree from a regionally accredited institution.
Students in the online MBA program learn analytical skills using tools and data analysis, creativity in decision-making, an in-depth understanding of the workings of business and how to become a successful leader, and many other important skills. During the program, students participate in two unique online workshops. The first covers emotional intelligence and critical thinking, including decision-making skills and how professionals must use both the rational and emotional sides of the brain. Students identify their own preferences and biases in decision-making and learn how to navigate the process more effectively.
The second online workshop focuses on communication, branding, and networking. It comprises four three-hour segments throughout a semester. These workshops set the Lerner MBA program apart along with other factors such as the highly accomplished professors with comprehensive business experience; the accelerated course format; personal career coaching services; and the flexibility to tailor the curriculum. MBA graduates are skilled to work in leadership roles in entrepreneurship, healthcare organizations, financial institutions, and more.
What to Expect from the University of Delaware Online MBA
Admission Requirements: Applicants to the UD online MBA must have a bachelor’s degree with a 2.8 or greater GPA, and at least two years of work experience. Applicants of all backgrounds are considered.
Applicants must submit an application, a fee, unofficial transcripts, a personal statement or essay, a current resume or CV, two letters of recommendation, and GMAT/GRE test scores. A GMAT/GRE exam waiver is available for qualified individuals. An exam waiver may be available based on GPA, work, and math education history. An exam waiver may also be available to bachelor’s graduates of the Alfred Lerner College of Business and Economics at UD. International students must submit TOEFL or IELTS scores and transcripts must be in both the native language and in English.
Study Plan: The program is accelerated and can be completed in just 16 months, but students can move at a pace that works for them. Each course lasts seven weeks. Start dates are offered in fall, spring, and summer.
Curriculum: The online MBA consists of 44 credits. Students wishing to pursue a double concentration earn 47 credits and a triple concentration earn 53 credits. Core courses include Financial Reporting and Analysis; Ethical Issues in Domestic and Global Business Environments; Economic Analysis for Business Policy; Fundamentals of Analytics; Marketing Management; Operations Management and Management Science; Financial Management; Managing People, Teams and Organizations; Corporate Strategy; and the two aforementioned career workshops.
Students in the Business Analytics Concentration take the following three courses plus two from the other concentrations: Data Mining for Business Analytics; Decision Analytics and Visualization; and Database Design and Implementation.
Students in the Finance Concentration take the following three courses plus two from the other concentrations: Financial Modeling and Valuation; Investment Analysis and Portfolio Management; and Corporate Financial Management.
Students in the Healthcare Concentration take the following three courses plus two from the other concentrations: E-service Management in Healthcare; Population Health Informatics; and Patient Experience and Engagement.
Students in the Strategic Leadership Concentration take three of the following five courses plus two from the other concentrations: Selected Topics in Management and Leadership; Negotiation and Conflict Resolution; Advanced Topics in Leadership and Teams; Managing the Global Enterprise; and Leading Across Boundaries.
Students in the International Business Concentration take these three courses plus two from the other concentrations: Globalization and Business; Managing the Global Enterprise; and Financial Modeling and Valuation.
Students can also create a customized degree, choosing any five electives that align with their professional career goals.
Online Experience: The University of Delaware online MBA uses the Canvas online learning management system. Canvas offers multimedia tools for interactive coursework, discussion, collaboration, social sharing, chat, and conferences. Students participate in online case studies, classroom discussions, and other experiences. Online students have access to 24/7 technical support, online tutoring for certain classes, the university library system, an advisor, and virtual office visits with faculty. In addition, students can participate in services through Lerner’s Career Services, which include virtual workshops, business speaker series, career fairs, networking events, career assessments, and more. This is a free service included with MBA tuition.
On-Site Requirements: The University of Delaware online MBA is 100 percent online, so there are no on-site requirements. Students are welcome to visit campus anytime and to participate in campus graduation.
Paying for the University of Delaware Online MBA
The UD online MBA costs $900 per credit hour for a total tuition of $39,600 for the 44-credit hour program. Multiple concentrations increase tuition respectively. As tuition costs can change, prospective students should contact the admissions department of the Alfred Lerner College of Business and Economics for an estimated breakdown of costs.
Graduate students interested in financial aid should complete and submit the FAFSA for federal loans. In addition, UD offers some scholarships and discounts. The Dean’s Merit Scholarship gives qualified online MBA students up to a ten percent discount. There is a Corporate Partner Tuition discount of up to ten percent for those employed by corporate partners of UD. There are also military scholarships. Discounts and scholarships cannot be combined. For more information prospective students can contact the Student Financial Services Department. Other options to help fund an MBA may be community, church, or organizational scholarships, as well as employer tuition reimbursement programs.
University of Delaware Master of Business Administration
- Ranked #22 in Online MBAs in 2018 by U.S. News and World Report
- Courses include Financial Reporting and Analysis; Managing People, Teams, and Organizations; Ethical Issues in Domestic and Global Business Environments; and more
- Choose from 5 concentrations, or choose any combination for dual or triple concentrations
|Degree Level||Master's Degree (MBA)|
|Program Start Dates||Fall, Spring, Summer|
|Credits Needed to Graduate||44|
|Time to Complete?||As few as 16 months|
|Areas of Concentration||Business Analytics, Finance, Healthcare, International Business, Strategic Leadership|
|Level of Education Required?||Bachelor's degree|
|GPA Required?||2.8 or greater|
|GRE or GMAT Required?||GMAT Waiver available for qualified applicants|
|Work Experience Required?||Yes, at least two years|
|Cost Per Credit Hour||$900|
|Total Program Tuition *||$39,600|