Online MBA programs with an economics specialization are highly regarded. However, there are only a few business schools that actually offer these fully online MBA programs. In most cases, a master’s degree is required to become an economist. For working professionals, the online master’s degree in business economics is the most convenient and flexible option.
The list of options for online MBA students with a business economics specialization is limited. However, prospective students who do pursue the economics concentration will be in line for some very well paying job opportunities.
Many students who earn an online MBA in economics will become economists. However, there are numerous related career paths that you could take including strategic management, human resources management, and business and nonprofit management.
Graduate students from top online MBA programs in economics will study topics such as labor economics, risk management, marketing strategy, and more.
These skills can easily be transferred to future management career opportunities throughout the business world including professional sales management, human resource management, and business management.
In most cases, however, the online MBA in economics is designed to prepare you for a career in economics, whether within a company, consulting the federal government, or working in education or research.
This advanced degree can lead to immediate and well-paying opportunities in the field. Economists are capable of earning a median salary of $103,630 a year, according to the Bureau of Labor Statistics.
Schools that offer an online MBA in economics have different admission requirements.
These are the admission requirements common to schools offering the online MBA in economics:
Key Point: Some programs might also require an interview process.
Schools offering the online MBA in economics have different courses, although there are similarities in programs. Online students are typically required to complete core courses in business strategy and economics, as well as electives and an individualized capstone project.
Online MBA courses typically include:
Key Point: Online MBA economics programs will cover topics such as global economics, business analytics, and consumer behavior.
Graduates with the online MBA in economics have the credentials to qualify for several careers, including:
Key Points: According to the Bureau of Labor Statistics, job openings for online MBA in economics degree holders are projected to grow by 6% from 2021 to 2031.
The picture is even brighter for those who use their graduate degree to pursue careers as Mathematicians and Statisticians. Jobs for these positions are expected to grow by an incredible 31% from 2021 to 2031.
If you aspire to a career in economics, you must be sure that you can tackle the challenges of an accredited online MBA in economics program.
Choosing from among the best online MBA programs will help to make your professional journey easier by allowing you to balance your pursuit of an advanced degree with any existing professional demands.
Furthermore, an online degree program in a reputable college or university should have the integrity, reputation, and track record to convince employers that their graduates deserve a place in the employer’s organization.
Here are the factors that you need to consider when choosing a school that offers the online MBA in economics degree:
In addition to institutional accreditation, be sure your degree in online MBA in economics is accredited by the Association to Advance Collegiate Schools of Business (AACSB). This national board provides programmatic accreditation, which is an important mark of credibility for the master’s of business administration degree.
Bottom Line: Choosing an accredited school with a stellar reputation will help to launch or advance your career in economics because employers will be confident of the quality education that you received.
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Johns Hopkins University’s faculty and alumni have been influential in:
Johns Hopkins University was formed in 1876 and, in addition to being the oldest research university in the U.S., Johns Hopkins is actually the oldest research institution in the western hemisphere! In fact, Johns Hopkins was considered a groundbreaking institution from its very formation for its innovative merging of research and teaching.
Based in Baltimore, Maryland, Johns Hopkins serves more than 26,000 students today.
Are looking to conduct research at the graduate level. The vast majority of Johns Hopkins students—well over 20,000—are pursuing advanced postgraduate degrees.
Are seeking a social campus experience. Many students at Johns Hopkins are primarily focused on their rigorous academic demands.
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Manhattan College’s faculty and alumni have been influential in:
Manhattan College, in spite of its name, is actually located in the Riverside section of the Bronx, and not in Manhattan. Manhattan College was founded in 1853 as the Academy of the Holy Infancy. The college was originally formed as a day school exclusive to men and located on Canal Street in Lower Manhattan.
Manhattan College relocated to its present location in 1922, became coeducational in 1973, and today serves roughly 3500 students at the undergraduate and graduate levels. Manhattan College is particularly noted today for its excellence in engineering.
Like a more intimate experience. The class sizes are smaller which means students enjoy personal access to professors.
Are on a fixed budget. Manhattan College residential costs and general living expenses reflect the high cost of living in New York City.
Tuition + fees
Park University’s faculty and alumni have been influential in:
Park University was founded in 1875 as an experimental institution where students could receive free tuition and housing in exchange for just half-day’s work on either the school’s farm, print shop, or electrical shop. Tuition is no longer free, but with an annual price tag of just over $12,000, the Parkville, Missouri institution is affordable relative to many other private universities.
Park University’s inaugural coeducational class was made up of just 17 people. Today, Park University is home to well over 11,000 students at both the graduate and undergraduate levels.
Enjoy small class sizes and direct engagement with professors.
Are interested in college sports. Park University has a modest athletics program.
Tuition + fees
Northwood University’s faculty and alumni have been influential in:
Northwood University was founded in 1959. Its first class of graduates actually attended classes in a 19th Century mansion located in Alma, Michigan. By 1961, Northwood had moved to its present-day location in Midland, Michigan.
Northwood’s initial class was made up of roughly 100 students. Today, Northwood serves more than 3500 undergraduates and graduates, the majority of whom are non-residential students.
Are pursuing careers in business. Northwood is noted for its excellent business administration programs and intimate class sizes, especially in the area of adult education.
Are seeking a more lively campus experience. Students describe Northwood as a beautiful but quiet campus.
Tuition + fees
Saginaw Valley State University’s faculty and alumni have been influential in:
Saginaw Valley State University was formed in 1963 as Saginaw Valley College. The University Center, Michigan-based public university is noted today for its excellent programs in areas like teaching, nursing, business, and engineering.
Saginaw Valley ascended to university status in 1987 and today, serves more than 8000 students with more than 100 degree programs at both the undergraduate and graduate degree levels.
Prioritize a welcoming campus atmosphere. Students describe support services as helpful and friendly, and praise the school’s overall diversity.
Are seeking a larger campus experience. Students describe the school and student body as small in size, which may limit networking opportunities.
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