Online MBA in Nevada
If you are considering an online MBA program in Nevada, this page offers information and links that will help you learn about the many options in this state, including schools accredited by the globally-recognized Association to Advance Collegiate Schools of Business (AACSB) and the only online MBA in Nevada. Each school and program offers different study options, concentrations, and dual degree possibilities that may fit your future career goals.
Online MBA Programs in Nevada
It is also possible to earn an AACSB-accredited MBA fully online in Nevada. This section provides information on the admission and course requirements for this option.
1. University of Nevada, Reno
The College of Business at the University of Nevada, Reno also offers an AACSB-accredited online Executive MBA (EMBA) degree for working professionals that has been consistently highly ranked across the country. In 2016, the Princeton Review ranked the program 24th, US News and World Report ranked the program in a tie for 31st, and Online Course Report ranked the program 35th among all online MBA programs in the country. The EMBA program includes similar content to the Evening MBA program but provides more flexibility and support to working professionals throughout the duration of the program. The program takes two years to complete and requires students to complete 36 credit hours of study. The program uses a cohort model that allows all students to progress with the same colleagues for the duration of the program. Approximately 20 students are admitted into each cohort and all students begin the program in the fall term.
To apply, you must have a bachelor’s degree in any subject with at least a 2.75 GPA and five years of professional work experience. Your application package must include the online application form, two professional recommendation letters, a personal statement, a resume, transcripts, and GMAT or GRE scores. GMAT or GRE scores may be waived if you already have an accredited graduate or professional degree. There is no minimum required score for either test, but the school suggests applicants have scores at or above the national averages to be competitive. American applicants are accepted from all states except Alabama, Arkansas, Maryland, and Washington DC. International applicants are also accepted; however, you must also submit scores from either the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) if your undergraduate degree was not completed in an English-speaking country. The minimum accepted scores are 550 for the paper-based TOEFL test, 213 for the computer-based TOEFL test, 79 for the internet-based TOEFL test, or 7 for the IELTS.
Every EMBA student takes the same curriculum, which includes 12 courses offered in a pre-determined sequence. You must take the courses in the set sequence and complete your degree in two years; there is no part-time option offered. Each course is classified as either a core course or a breadth course and runs for 12 weeks. Coursework is submitted online and each course requires you to successfully complete at least one proctored exam online to pass.
- Core Curriculum (21 credit hours) – Statistics for Decision Making, Production/Operations Management, Financial Reporting and Analysis, Management and Organizational Science, Economics of the Firm, Financial Management, Marketing Management
- Breadth Curriculum (15 credit hours) – Seminar in Managerial Accounting, Personal Branding, Managing Organizations in a Global Economy, Information and Communications Technology in Organizations, Strategic Management for Executives
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MBA Programs in Nevada
In this section, you will find information about the AACSB-accredited on-campus MBA programs in Nevada, including admissions criteria, core courses, and program concentrations. MBA programs are available in two of Nevada’s largest urban centers, Las Vegas and Reno.
1. University of Nevada – Las Vegas – Lee Business School
The Lee Business School at the University of Nevada – Las Vegas is home to 500 graduate students each year. The school offers many ways to earn an MBA degree accredited by the AACSB, including the Evening MBA program, which requires 42 credit hours of study in either general business or one of many concentration options. The school also offers an Executive MBA (EMBA) program for working professionals that enables you to earn your degree in as little as 18 months by completing 42 credit hours of study. Several dual degree programs are also offered: MBA and Juris Doctor (JD) in Law, MBA and Doctor of Dental Medicine (DDS), MBA and Master of Science in Hotel Administration (MSHA), and MBA and Master of Science in Management Information Systems (MIS).
The Evening MBA program is open to applicants with a bachelor’s degree in any subject. For this program, you application package should include your GMAT scores, transcripts, personal statement, resume, and two letters of recommendation. You can apply to begin the program in the fall, spring, or summer term. Applicants to the EMBA program must have a bachelor’s degree with at least a 2.75 Grade Point Average (GPA) and seven years of professional experience. You will also need to submit a corporate sponsorship letter, a personal recommendation letter, and your GMAT scores and attend an interview. For the dual degrees, you must meet the admission requirements of both programs. See the website for more information about the requirements of other programs.
- Core Curriculum for Evening MBA (21 credit hours) – Accounting for Managers, Leadership, Teams & Individuals, Financial Decision Making, Market Opportunity Analysis, Applied Economic Analysis, Data Modeling and Analysis, Capstone in Strategic Management
- Core Curriculum for EMBA (42 credit hours) – Teamwork and Management Effectiveness, Laws, Regulations, and Ethics, Microeconomic Analysis for Business Decision Making, Technology Innovation: Theory and Practice, Applied Statistics, Financial Accounting for Managers, Global and Macroeconomic Environment for Business, Organizational Behavior, Business Finance, Managerial Accounting, Seminar in Financial Management, Principles of Marketing Strategy, Management of Entrepreneurial Organizations, Strategic Formulation, International Business, Negotiations and Conflict Resolution, Executive Assessment and Development, International Seminar, Service Operations, and Applied Strategic Marketing
MBA Concentrations and Specialization Options
General Business students take 21 credit hours of electives from any area of the Lee Business School. If you want to complete a concentration, you can choose your electives from the following areas:
- Finance (21 credit hours) – Advanced Corporate Finance, Investment Management, two from Applied Topics in Finance, Financial Markets and Institutions, Portfolio Management, and International Financial Management, and any three electives from the Lee Business School
- Marketing (21 credit hours) – Customer Satisfaction & Service Quality, Services Marketing, two from Strategic Database Marketing, Global Consumer Behavior, New Service and Product Development, and Global Digital Marketing Strategies, and any three electives from the Lee Business School
- New Venture Management (21 credit hours) – Seminar in Negotiation, Change Management, New Venture Feasibility, New Venture Creation, and any three electives from the Lee Business School
- Management Information Systems (21 credit hours) – Any four approved MIS 700-level courses and any three electives from the Lee Business School
- Human Resources Management (21 credit hours) – Law and Ethics, Seminar in Negotiation, Change Management, Foundations of Human Resources, and any three electives from the Lee Business School
2. University of Nevada, Reno – College of Business
The College of Business at the University of Nevada, Reno was established in 1956, has offered an MBA degree since 1965, and has been accredited by the AACSB since 1971. The MBA requires 51 credit hours of study, although some of these credits may be waived if you have studied business previously. Without any waived courses, the degree takes a minimum of three years to complete. You can choose to study full-time or part-time; however, all courses are offered in the evening to provide maximum flexibility for working professionals.
You must have a bachelor’s degree with at least a 2.75 GPA, either a GMAT score of at least 500 or a GRE score of 150 obtained within the last five years, and two years of work experience to apply to the program. You can begin the program in either the fall or spring term. To apply, complete the online application and submit your transcripts, test scores, two letters of recommendation, resume, personal statement, copy of your immunization record (required by state law), and a residency application.
- Core Curriculum (21 credit hours) – Statistics for Decision Making, Production/Operation Management, Financial Reporting and Analysis, Management and Organizational Science, Economics of the Firm, Financial Management, Marketing Management, Strategic Management for Executives, Information and Communications Technology in Organizations, Changing Environments of Business, and any four from Seminar in Managerial Accounting, Personal Branding, Seminar in Business Ethics and Social Responsibility, Managing Organizations in a Global Economy, Seminar in Management Issues, Seminar in Monetary and Financial Economics, Research Methods in Finance, Investment Management, Securities Analysis and Portfolio Management, Commercial Bank Management, Corporate Treasury Management, Real Estate Finance, Seminar in Finance, Seminar in Marketing Issues, Seminar in Logistics and Supply Chain Management, Business and Public Policy Areas of Emphasis, Special Topics, and Value Creation and Measurement
Program Concentrations and Specialization Options
For a general business degree, you must complete nine credit hours of electives at the graduate level, in addition to the core curriculum requirements, to graduate. You might also want to choose your electives from one of the following concentration areas:
- Accounting – Financial (9 credit hours) – Financial Reporting I, II, and III
- Accounting – Tax (9 credit hours) – Federal Taxation, Taxation of Flow-Through Entities, Taxation of Business Entities II
- Entrepreneurship (9 credit hours) – Choose three from Value Creation and Measurement, New Venture Creation, Entrepreneurial Finance, Applied Entrepreneurship, and Special Topics in Entrepreneurship
- Finance (9 credit hours) – Choose three from Financial Management Theory and Practice, Financial Derivatives, International Finance, Research Methods of Finance, Investment Management, Securities Analysis and Portfolio Management, Commercial Bank Management, Corporate Treasury Management, Seminar in Finance, Independent Study in Finance
- Finance – Corporate Finance (9 credit hours) – Choose three from Commercial Bank Management, Corporate Treasury Management, Seminar in Finance, Internship, Independent Study in Finance, and Financial Management Theory and Practice
- Finance – Investments (9 credit hours) – Investment Management, Securities Analysis and Portfolio Management, and Financial Derivatives
- Information Technology (9 credit hours) – Choose three electives from IS 600- and 700-level courses with the approval of the program coordinator
- Renewable Energy (9 credit hours) – Choose three electives from the Graduate Certificate in Renewable Energy program
Nevada MBA Salary and Job Outlook
You may be interested in pursuing an MBA for many reasons, such as upgrading your skills or developing your career. This section provides information about the job outlook and salary projections for management positions in Nevada, many of which require business education or credentials. According to short-term projections by the Nevada Department of Employment Training and Rehabilitation, management occupations will grow by 4.4% from 2015-2017.1 Reno has the highest short-term growth rate for management occupations (6.0%), while Las Vegas has a projected growth rate of 4.0% for managers and Carson City has a projected 2.1% growth rate for management occupations.1 These jobs may be in many different industries because the state has a diverse industry portfolio, including Aerospace & Defense, Logistics & Operations, and Tourism, Gaming & Entertainment, as shown by the many state-funded Industry Sector Councils.2
The US Department of Labor also provides statistics on the job outlook and salaries of many professions, including business managers. Here are some statistics from 2014 and 2015:
- There were 59,740 individuals employed in all Management Occupations and they earned an average salary of $97,910.3
- 1,480 people were employed as Chief Executives and earned an average salary of $179,380 and a median salary of $158,200. These positions are expected to grow by 7% by 2022.3,4
- General and Operations Manager positions employed 17,600 individuals and these individuals earned an average salary of $104,660 and a median salary of $83,100. These positions are expected to grow by 17% by 2022.3,5
- 3,110 people were employed as Management Analysts and earned an average salary of $81,600 and a median salary of $72,000. This group is projected to grow by 18% by 2022.3,6
- 5,390 individuals were employed as Financial Managers and earned an average salary of $103,250 and a median salary of $86,800. By 2022, this occupational group may grow by 11%.3,7
- The Managers, All Others category included 5,290 individuals who earned an average salary of $94,310 and a median salary of $92,000. It is projected this group will grow by 9% by 2022.3,8
Here are some other statistics on graduate salaries according to Payscale.com:
- The median reported salary for a General/Operations Manager is $61,586.
- The median reported salary for a Human Resources Manager is $58,388.
- The reported salary range for an MBA graduate is $49,833-$150,501.
- The reported salary range for an MBA, Finance graduate is $48,936-$139,061.
- The reported salary range for an MBA, Marketing graduate is $35,000-$195,000.
- The reported average salary for a University of Nevada, Reno MBA graduate in the first five years after graduating is $58,800. This increases to $113,000 after 10 years of experience.