Online MBA in Michigan
Michigan is known as the home of the auto industry, but it is also home to many top-notch online MBA programs. If you are looking for an online MBA program in Michigan, you’ll find what you are searching for below! We have done all the hard work for you and put together a list of every online MBA program in the state. Go ahead and begin your search for an accredited online MBA!
Best Online MBA Programs in Michigan
Working individuals who would like to pursue an MBA may face the challenge of a time crunch. While the pursuit of any MBA degree is a commitment that requires your time and resources, flexible MBA programs in the form of online programs can help alleviate some of those pressures. Below, we have provided a list of accredited online MBA programs in Michigan that you can choose from.
The four online MBA programs in Michigan listed below are in alphabetical order.
1. Central Michigan University
CMU’s Online MBA offers you the flexibility to get an MBA degree while pursuing a full-time job. The course structure resembles a full-time MBA program, comprising foundation and specialization courses. The foundational courses like Managing Information Systems in a Global Economy and Data Analysis for Managers help build core competencies. Then, a specialization can be chosen among ERP Emphasis using SAP Software, Human Resource Management, Logistics Management, Marketing, and VDO Emphasis. The program is accredited by AACSB International and ranked among US News & World Report’s Best Online MBA Programs. Acceptable GMAT scores are required to apply for admission. The program consists of a total of 36 to 43 credit hours, which are delivered online through the SAP academy.
2. University of Michigan – Dearborn
The online program of UM- Dearborn mirrors its on-campus program. The same professors who teach on campus design and deliver the online MBA program as well, and students can choose whether to complete the program online, on campus, or through a combination of both. Either way, the coursework consists of 36-48 hours and typically takes between two and two-and-a-half years to complete.
Accredited by AACSB International, Michigan’s College of Business has been named “Best Business School” by US News & World Report for the eighth year in a row and is ranked #2 for its online MBA programs. Online concentrations are offered (but not required) in Accounting, Finance, International Business, Investment, Management Information Systems, Marketing, and Supply Chain Management.
3. University of Michigan- Flint
UM-Flint offers an MBA through its Net Plus! program. This is a hybrid online MBA program, with two weekend on-campus visits required every semester. You can expect to complete the coursework between 15 and 24 months. The program is AACSB International accredited and offers concentration in Accounting, Lean Manufacturing, Finance, Health Care Management, Marketing & Innovation Management, International Business, Organizational Leadership, and Computer Information Systems.
4. Wayne State University
WSU offers MBA courses online through its Traditional MBA program from the Mike Ilitch School of Business. This program is AACSB-accredited and offers courses both on campus and online through the Blackboard learning management system. The course content online is the same as the on-campus content. The program delivers the lectures online by streaming the recorded on-campus lectures. WSU’s MBA program comprises of credits that cover foundation, core, and elective courses. You will need to accumulate at least 36 credit hours to complete the program. The program offers some online concentrations, including Accounting Systems, Auditing, Corporate Governance, Finance, Financial Accounting, Global Supply Chain Management, Information Systems, Internal Audit, International Business, Management, Marketing, and Taxation.
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MBA Programs in Michigan
An MBA from an accredited school increases your chances of employment. MBA holders tend to earn good salaries and have a variety of job options. But which MBA should you choose? It can take a long time to research the different business schools in Michigan, and the information overload can be overwhelming. We understand the importance of deciding which MBA program to pursue, so below we offer profiles of MBA programs in Michigan to help you make your decision.
(The 14 MBA programs in Michigan listed below are in alphabetical order.)
1. Central Michigan University
CMU, a public university, has designed its MBA program to help graduates target leadership roles. The AACSB-accredited campus is located in Mount Pleasant, Michigan, and takes at least 36 credit hours and 30 months to complete. Applicants must submit GMAT scores and an acceptable GPA to be admitted. Ranked sixth in US News & World Report’s Best Online MBAs, the university offers online concentrations including Value-Driven Organization (VDO) Emphasis, Logistics Management, and International Business.
Each MBA student must complete nine core courses: Managing Information Systems in a Global Economy, Managerial Accounting: a Management Perspective, Managing and Leading Individuals and Groups in Organizations, Data Analysis for Managers, Marketing-Based Management, Global Business and Sustainability, Financial Analysis and Risk Management, Global Economic Environment, and Strategic Management: Integrative Experience.
The elective courses include the following areas:
- Accounting (9 hours)
- Business Economics (9 hours)
- Consulting (8 hours)
- Finance (9 hours)
- General Business (9 hours)
- International Business (9 hours)
- Management Information Systems (9 hours) (12 hours for online MBA/ERP emphasis includes SAP Academy)
- Marketing (9 hours)
- Human Resource Management (9 hours)
- Value-Driven Organization (9 hours)
- Logistics Management (16 hours)
2. Eastern Michigan University
The MBA degree program at EMU aims to provide students with global knowledge and skills, helping them to compete in the dynamic and ever-changing business environment. The program aims to accommodate the requirements of both full-time students and working professionals, allowing signup for both online classes or hybrid classes.
The MBA program comprises four parts:
- Foundation (18 credits)
- Core (18 credits)
- Restricted Electives (6 credits)
- Specializations (12 -15 credits)
The general MBA requires 12 open elective credits instead of the specializations. The 18 credits from the foundation level may be waived if you have an undergraduate degree in Business Administration from an AACSB-accredited school. You will need to complete a mandatory 36 graduate credit hours to earn your MBA from EMU’s flexible program.
EMU MBA grads work in a variety of industries. Financial services, higher education, and IT account for most of the jobs. Over 87% of alumni feel that the MBA helped them reach their career goals.
EMU offers its MBA students 14 specializations: E-Business, Business Analytics, Entrepreneurship, Finance, Hotel & Restaurant Management, Human Resource Management, Internal Auditing, International Business, Management, Marketing Management, Nonprofit Management, Sports Management, and Supply Chain Management.
3. Grand Valley State University
Grand Valley State University offers you the Seidman MBA program. The AACSB-accredited program aims to provide holistic development to all its MBA students. Consider it an investment into your professional, personal, and financial goals. The program gives you a chance to study with students from west Michigan, other parts of the United States, and around the world. The program offers flexibility to ensure participation of working individuals as well as full-time students. Evening classes are offered to meet the needs of working professionals and students can start the program during any semester.
The MBA program consists of 33 credits, 28.5 of which are core credits including the following courses:
- Contemporary Managerial Accounting – 3 credits
- Management Information Systems & Org. Processes – 3 credits
- Leadership and Organizational Dynamics – 3 credits
- Global Competitiveness – 3 credits
- Ethical Problems & Perspectives – 1.5 credits
- Strategy – 3 credits
- Business Economics and Strategy – 3 credits
- Financial Policy for Managers – 3 credits
- Operations and Supply Chain Management – 3 credits
- Marketing Management – 3 credits
4. Michigan State University
MSU delivers their 21-month full-time MBA program through the Eli Broad College of Business. It was ranked sixth in placement success in the US by the Financial Times. The program consists of three components: MBA Core Curriculum (30 credits), MBA Concentrations (15 credits), and MBA Electives (15 credits). The program offers a choice of four concentrations including Finance, Marketing, Human Resource Management, and Supply Chain Management. Another offering unique to MSU is two enhancers, which are offered in addition to the concentrations and include Consulting and Business Analytics.
5. Michigan Technological Institute
The MBA program at MTI is the first of its kind in upper Michigan and is AACSB accredited. The program offers students the opportunity to study business, technology, and innovation together in its curriculum. The program consists of 36 credits that should be completed over three semesters.
The Tech MBA program targets three primary areas of development: leadership and management skills, technology and decision-making, and innovation and strategy.
To enroll into the Tech MBA program, it is recommended that you have the following:
- A GMAT total score in the 50th percentile or greater
- A GMAT Verbal score in the 25th percentile or greater
- Two letters of recommendation
- Prerequisite coursework of Statistics and Principles of Economics
- Recommended prerequisite coursework: Accounting and Finance
- An undergraduate GPA of 2.9 or higher
6. Northern Michigan University
NMU’s College of Business provides a flexible MBA program with a host of opportunities. Offered full-time or part-time, NMU’s MBA provides daytime and evening classes to help full-time students juggle class with other commitments. You will have the opportunity to sign up for graduate assistantships, which will help to enhance your resume and may allow you conduct research with members of the faculty.
The program consists of 12 classes: five core courses, three courses from the Behavioral and Quantitative list, and four electives. Additionally, every student should complete a strategic analysis research project during the program and report on it as part of their capstone Strategic Management class.
7. Oakland University
OU’s School of Business Administration offers students with a holistic and hands-on education from leading professors. The AACSB-accredited institution provides the opportunity to learn alongside students from various backgrounds. The AACSB MBA program aims to develop business leaders who can land careers in any field. By the end of the program, you will be ready for a career in a public, private, or non-profit organization.
OU’s MBA program offers the following concentrations: Accounting, Finance, Business Economics, Business Analytics, Human Resources Management, Entrepreneurship, Marketing, International Business, Management Information Systems, Supply Chain Management, and Production/Operations Management.
Here are some statistics about the 2014 OU alumni:
- 89% of OU’s MBA graduates got placed before or within three months of graduation.
- Alumni of 2014 batch reported an average 40% increase in salary following graduation.
- 30% completed an internship as a part of their MBA program.
8. Saginaw Valley State University
The SVSU offers a flexible MBA program through its College of Business and Management. The program is AACSB accredited and is the only business school in Saginaw. Students can enroll for evening classes, online classes, or hybrid to suit individual needs. The program offers concentrations including Accounting, Economics, Finance, Entrepreneurship, Marketing, Management, and International Business.
You will need to submit GMAT scores to be eligible to enroll at SVSU. The program consists of 40 credit hours and lasts for a period of 24 months. The base program cost comes around about $35,414 for non-residents and $ 18,552 for Michigan residents.
9. The University of Michigan
The University of Michigan provides its MBA program through the Ross School of Business. They offer the MBA program through five formats: Full-Time MBA, Evening MBA, Weekend MBA, Executive MBA, and Global MBA.
Here are some interesting facts about the Ross Business School:
- About 97% of the 2015 alumni had a job offer within three months of graduation.
- Ross is one of the four schools ranked in the Top 10 of Bloomberg Businessweek.
10. University of Michigan- Dearborn
The University of Michigan-Dearborn offers an AACSB-accredited MBA program. The program features courses in Applied Integrated Management and the entire MBA program can be completed within 36 to 48 credit hours.
The University of Michigan-Dearborn allows you the option of completing the coursework either on-campus or online or a combination of the two. If you enroll into a full-time program, you can expect to complete your MBA within 12-20 months. The program consists of nine credits from core courses, 12 credits from Applied Integrated Management courses, and nine credits from elective courses.
The MBA program concentration options are Accounting, Finance, International Business, Investment, Management Information Systems, Marketing, and Supply Chain Management.
11. The University of Michigan- Flint
The University of Michigan-Flint offers an MBA program that focuses on team-based work and building in-depth competencies. The program offers a flexible delivery format for its students.
Students can choose from the following options:
- Traditional – On-campus program that lasts over 20-32 months with evening classes.
- NetPlus! – Hybrid mode that lasts over 15-24 months. It is a combination of online and on-campus learning.
- Dual Degree Programs – You can pair your MBA with a host of other specializations like Accounting, Lean Manufacturing, and Computer Science.
12. University of Detroit Mercy
The MBA program at the UDM aims to create a well-rounded management professional. This MBA degree prepares its students to face multifaceted problems in the business world by providing them with the best resources and faculty available. The MBA program focuses on four primary themes: Emerging Business Challenges, Awareness of and Responsibility to Self and Others, Organization Creation and Development, and Global Competitiveness.
The robust alumni network offers strong ties with the business community and the program also attracts students with a variety of work backgrounds.
13. Wayne State University
Wayne State University offers its MBA program through the Mike Ilitch School of Business. The school’s MBA offering has quite a few attractive features: The MBA program at MISB is AACSB-accredited, it offers a GMAT waiver to qualified applicants, it provides 13 concentrations to better align with your area of specialization, and it offers a dedicated Graduate Programs Office to assist you from start to finish.
Depending on your interests, you can choose from the following 13 optional concentrations: Accounting systems, Auditing, Corporate governance, Finance, Financial Accounting, Human Resources, Global Supply Chain Management, Information Systems Management, Internal Audit, International Business, Marketing, Management, and Taxation. Most of the concentrations will require you to complete three additional courses. You can choose up to two concentrations to meet the elective requirement.
14. Western Michigan University
The WMU offers its MBA program through the Haworth College of Business. The program is AASCB-accredited, offers a flexible course structure for working professionals and allows room for both theoretical and practical learning. You can choose from five concentrations to get a specialized degree: Marketing, Management, Finance, International Business, and Computer Information Systems. If you do not decide on a concentration you will receive a general business MBA degree.
WMU’s MBA program attracts both working professionals from diverse fields and fresh graduates. If you have a bachelor’s degree in business, then the core courses can be waived.
Michigan MBA Career Salary and Job Outlook
The employment prospects for MBA holders are good in Michigan. According to US News & World Report, the average 2015 MBA graduate earned $91,940 of salary and bonus per year. Although Michigan took a hit on employment during 2009, the most recent years have shown a steady decrease in the unemployment rate.1 As of May 2010, the state recorded over 461,000 new jobs in the private sector since December 2010.2 The most recent unemployment rate in Michigan was 4.9% in November 2016.1 The resurgence of the auto and manufacturing industry has aided in this recovery.
Michigan State University predicted a 23% increase in hiring for 2016-17 graduates. This growth reflects “six years of steady improvement since the depths of recession between 2009 and 2010,” said Phil Gardner, economist. Employers are looking for new hires to fill positions left vacant due to employee turnover and company growth. The average starting salary for MBAs from top-ranked institutions is around $146,000 to $149,000 per year.4 MBA graduates from other schools can aim for an average starting salary of around $90,000 per year.4
The average salary for MBA grads in Michigan varies from $47,514-$136,108.5 Michigan MBAs with a finance specialization typically get higher packages ranging from $51,536-$152,713.5 MBA in Business Administration follows next with salaries from $47,662-$121,179.5 With a Michigan MBA with a business administration specialization, you can hope to earn between $47,662-$121,179.5
The outlook for jobs you can get with an MBA in Michigan is positive overall. According to Projections Central, marketing managers can expect the highest increase in job openings between the years of 2012 and 2024, at an impressive 12.8% rate.5 During the same time period, financial analysts can expect an above-average increase of 10.4%; general and operations managers can expect a 9.4% increase in job openings; managers, “all other” can expect an increase of 6.3%; and chief executives in Michigan (including CEOs and CFOs) can expect to see a decrease in job openings during that time period, of -0.7% between 2012 and 2024.5
Top MBA Salaries in Michigan
Following are some typical jobs you can get with an MBA, along with average total compensation:*
- Chief Executive Officer (CEO) – $75,525-$437,467
- Chief Financial Officer (CFO) – $68,533-$255,350
- Finance Manager – $45,639-$130,517
- Financial Analyst – $42,347-$82,148
- General Manager – $30,456-$90,553
- Marketing Manager – $38,691-$101,182
- Operations Manager – $34,961-$100,907
- Project Manager, Information Technology (IT) – $52,683-$130,712
- Senior Financial Analyst – $61,762-$104,466
Best Cities in Michigan for MBA Jobs
Some of the best management jobs in Michigan can be found in:*
- Ann Arbor – $44,602-$108,496
- Detroit – $46,135-$148,229
- Grand Rapids – $62,225-$135,000
- Lansing – $71,497
Other Popular Online MBA Program Pages
1. US Bureau of Labor Statistics, Economy at a Glance, Michigan: https://www.bls.gov/eag/eag.mi.htm
2. Michigan.gov: http://www.michigan.gov/snyder/0,4668,7-277-57577-385090–,00.html
3. Payscale.com, Average Salary by Degree/Major Subject for State: Michigan: https://www.payscale.com/research/US/State=Michigan/Salary/by_Degree
4. Projections Central, Long Term Occupational Projections: https://projectionscentral.com/Projections/LongTerm