Online MBA in Idaho
Welcome to our in-depth guide on online MBA programs in Idaho! We understand how time-consuming it can be to search for MBA programs. To help you speed up your search, we have spent considerable hours researching every MBA online option in the state. In this guide, you will find a wealth of in-depth information, including program listings, scholarship information, and job outlook data. We hope it will be of help as you pursue an online MBA in Idaho.
Best Online MBA Programs in Idaho
AACSB-Accreditation is considered the”gold standard” of business school accreditation. Only 5% of business schools in the world are accredited, which makes its seal a valued and trusted sign of program quality. There is only one AACSB-Accredited online MBA program in Idaho, and it is offered at Boise State University.
1. Boise State University
BSU offers an innovative AACSB-Accredited Online MBA program that is delivered 100% online. It is a good fit for individuals who have a strong work ethic, are early to mid-career, and who wish to enhance their career while continuing to work full-time. It is built with a general management focus and designed to develop project management and teamwork skills.
The program is 49 credit hours in length, and courses are offered in six, eight-week sessions during the year. Students can start at any time, and the entire program is self-paced. For students who wish to finish sooner rather than later, the entire program can be completed in 12 months. Students in the program gain a solid knowledge in all core aspects of business, including marketing, finance, accounting, and supply chain management. Team projects and the integration of real-world issues are a focus of the program.
To successfully apply, applicants must have at least two years of professional work experience, a GPA of at least 3.0, and GMAT score of at least 500. The GMAT, however, can be waived with at least three years of managerial experience and a GPA of at least 3.0. Classes begin every eight weeks.
Standard Courses (49 Credits) – Business Plan Development, Corporate Finance, Design Thinking and Strategic Management, Global Economics: Policy and Trade, Introduction and Business Foundations, Information Technology and Business Alignment, Legal Issues in Business, Managing Successful Projects, Managerial Communication, Managerial Accounting, Marketing Strategy, Operations and Supply Chain Management, and People in Organizations.
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Idaho Online MBA Salary and Job Outlook
Individuals pursue an MBA in Idaho for different reasons. Many want to climb up the corporate ladder and believe an MBA will give them the necessary edge. Others want to update their skill set, while others simply want to see what doors will open.
Regardless of your why you are pursuing an MBA, there are plenty of reasons to pursue your online MBA in Idaho.
First, Idaho has one of the lowest unemployment rates in the nation. At 3.8%, Idaho ranks #11 (tied with Iowa) across the nation (BLS March 2016). And in 2014, Idaho’s GDP was $63.2 Billion, which is 42nd across the nation. Although not very high, Idaho’s GDP has risen two spots (#44 to #42) since 2004. In terms of income levels, Per Capita Personal Income (PCPI) for 2015 was $37,509, which places Idaho at 48th in the nation. Now, these numbers might not seem to enthralling, but prospects in the state are good for MBA graduates.
For example, consider job opportunities. A number of large national companies in the state have over 250 or more employees. These include T-Mobile, Encompass Home Health and Hospice, and Edward Jones. What’s more, a number of tech companies also call Idaho (and specifically Boise) home, including Hewlett-Packard, Micron Technology, WhiteCloud Analytics, Keynetics, Clearwater Analytics and the online marketplace ClickBank. HP, for example, employs over 4,000 people, and Micron Technology over 8,000.
Idaho, and Boise, in particular, is working hard to create a tech-friendly environment with a variety of programs and initiatives. These include Kickstand, Girls in Tech, Tech Boise, and the Idaho Technology Council. All of the programs have been created to help bring tech companies to Idaho, which in turn stimulates demand for the knowledge and skill set of MBA graduates.
You job outlook is also affected by the school you attend. The truth is, the school you go to will impact the salary level you can expect initially.
Idaho is home to a few excellent MBA programs offered at institutions such as Boise State University, Idaho State University, and the University of Idaho. Northwest Nazarene University is a private Christian school that also offers an MBA program. What’s more, program options include campus-based, online, and even hybrid.
However, starting salary levels and mid-career salary levels can vary greatly.
The following figures are taken from Payscale.com for masters level graduates.
- Boise State University early career pay: $47,000; Mid-Career: $89,000.
- Idaho State University early career pay: $66,200; Mid-Career: $86,100.
- University of Idaho early career pay: $49,200; Mid-Career: $83,700.
Overall, however, an MBA graduate has a positive job outlook. According to Fortune.com, recently hired MBA graduates made almost $45,000 MORE in 2015 than those with just a graduate degree. Plus, in Idaho, the positions that MBA graduates typically hold outperform the annual median wage by at least double. According to the Bureau of Labor Statistics, the annual median wage for all occupations in Idaho for 2015 (May) is $30,540. In contrast, the annual mean wage of MBA holders in different occupations in Idaho are listed below.
- Chief Executives- $106,000
- General and Operations Managers- $69,500
- Managers, All Other- $91,400
- Financial Managers- $73,760
- Marketing Managers- $ 84,290