Online MBA in New York
Welcome to our in-depth guide covering online MBA programs in New York. Whether you are considering an AACSB-accredited MBA degree online, or another program option, this guide can help you get started with its collection of New York specific resources. This guide is comprehensive focusing on providing a simple (but complete) collection of every online MBA option in New York.
Online MBA Programs in New York
With New York playing host to a number of colleges that offer comprehensive online MBA programs, choosing the right one for you can be quite a challenge. In this section, we collate all the relevant details, such as duration, accreditation, concentration options, student acceptance guidelines and other details, about eight of the best online MBA in New York programs to make your task easier.
The below 6 online MBA programs in New York are listed in alphabetical order.
1. Clarkson University
Clarkson University Online MBA lets you complete your degree in 21 months even if you lack a business education background. You can take two courses every quarter or choose a schedule that suits you better. The Clarkson Online MBA in New York begins in January and June each year with an in- residence two day course, and it has a total of eight core courses. You can pick four electives such as: Project Management, Negotiations, Logistics, and Design Methodology.
Clarkson University was founded with the vision of educating motivated men and women to become successful professionals. Today, Clarkson’s Online and Hybrid MBA programs are an example of this and can be earned at any time on any schedule. Each program is AACSB Accredited, and helps students understand the fascinating world of business by combining knowledge about people, finance, and the “next big thing”.
In terms of coursework, each program is the same. A total of 42-credit hours must be completed, which includes 27-credit foundation courses and 15-credit electives. Students can study full-time or part-time, and each program can be completed in as little as 21 months.
The online MBA requires a two-day orientation at the beginning of the program, after which all classes are delivered online. Weekly schedules may include group chats, group work, online deliverables, and document submissions. The Hybrid MBA allows students to fit learning in their schedule by taking part in both online format and on-campus setting.
The Admission Committee evaluates an applicant’s drive, academics, references, test scores and capacity to fit in the program. Candidates are required to submit an official transcript and GMAT or GRE scores. Although work experience is not mandatory, it is highly recommended. The Online MBA begins every January and June, and the Hybrid MBA begins every term.
Standard Coursework (27 credits) – Economics, Ethics, Supply Chain Management, Accounting, Finance, Decision Analysis, Information Systems, Marketing, and Project Management.
2. Long Island University – Post Campus
Long Island University offers a learning environment that fosters academic achievement as well as student growth and development. From running your own business to overseeing top multinational corporations, managerial skills and experience are important in the business world. LIU’s AACSB Accredited one-year Online MBA program is designed to help sharpen these skills and set students up for success.
LIU’s online MBA can be completed in just one year or three semesters. All 36 credits are delivered in a digital classroom environment using live lectures, discussion boards, and rigorous curriculum. The program is built on “experiential learning”, and uses a cohort system to help students develop a strong professional network and develop team building skills.
Minimum admissions criteria include a GPA of 3.0 from an accredited university and a GMAT score of at least 400. A committee also looks into the applicant’s ability to balance employment with course load, as well as their teamwork capabilities. Typical class size is between 20 – 25 students. LIU has a rolling admission for the Fall, Spring, Summer semesters.
Standard Coursework (36 credits) – Financial Markets and Institutions, Organizational Behavior, Competitive Marketing Strategy, Financial Reports Analysis, Operations Management, Global Business: Environment & Operations, Securities Analysis, Marketing Seminar, Managing Information Technology and E-Commerce, Supply Chain Management, Corporate Mergers & Restructuring Strategies, and Business Policy.
3. Marist College
Marist College is situated within the Hudson River Valley and offers a unique Online MBA program that is designed to tailor academic experience with career interests. Its School of Management is AACSB Accredited, and understands the evolving challenges of leadership and management. To answer these demands, Marist has structured its MBA to provide a broad-based business education structured for today’s working adults.
Marist’s MBA is for everyone, whether you have an undergraduate business degree or not. Nine core courses make up the foundation of the program and are followed by concentration electives. All 36-credit hours necessary to earn the degree are held online and can be finished in as little as two and a half years.
Acceptance into the program depends on the applicant’s undergraduate academic performance, professional work experience (required number of years is not indicated), and GMAT or GRE scores. Candidates should have the desire to excel in an academic environment and be able to communicate effectively. Applications are accepted all year round with classes starting in Fall (August) and Spring (January) semesters.
Standard Coursework (24 credits) – The 21st Century Manager, Global Environment of Business, Economics, Analytics Bootcamp, Accounting, Marketing Management, Finance, Operations Management, and Strategic Management.
Program Concentrations and Specialization Options
- Ethical Leadership (12 credits) – Example Courses: Managing Organizational Change, Leadership Power and Influence, Negotiations and Conflict Management.
- Financial Management (12 credits) – Example Courses: Corporate Financial Theory & Practice, Financial Statement Analysis, Financial Markets and Institutions.
- Healthcare Administration (12 credits) – Example Courses: Health Care Policies and Systems, Ethical/Legal Issues in Health Care, Critical Issues in Health Care.
4. Rochester Institute of Technology
The Saunders College of Business at Rochester Institute of Technology has offered an MBA program since 1968, and recently launched a new Online Executive MBA program. The AACSB-accredited online MBA in New York is designed for management professionals who are ready to take on the challenges of leadership in the global marketplace. The program is accelerated in format and rigorous in its demands.
Progress in the program starts with a cohort of 15 – 20 professionals where you get to discuss a broad range of topics with the instructor. You can post responses on discussion board, gain individualized attention from faculty, and collaborate with everyone in class. Classes are asynchronous and course content is updated regularly with a 24 response rate from their staff. This accelerated degree program can be earned by completing 47 credit hours in just 17 months.
Applicants in the program must have a minimum of six years of work experience with managerial, technical, or executive responsibilities. This is the reason GMAT is no longer required. Candidates are requested to submit an official transcript from an accredited college or university with a GPA of 3.0 and above.
Standard Coursework (47 credits) – Team Building & Ethics, Accounting & Organizational Goals, Managerial Accounting, Leadership, Statistical Analysis for Managers, Leadership Development I, Valuation & Capital Budgeting, Financial Planning & Analysis, Microeconomics, Power & Influence, Strategic Thinking I & II, Marketing Strategy, Systems Support for Operations, Business Simulation, Leadership Development II, Managing Technology Innovation & Research, Managing New Product Commercialization, Capstone Consulting Project I & II, International Business, International Seminar, International Finance, Executive Leadership.
5. State University of New York at Oswego
The State University of New York Polytechnic Institute, commonly referred to as SUNY Poly, is New York’s premier university-driven research enterprise. SUNY’s Online MBA in Technology Management provides a broad and integrative perspective on a variety of business functions. It combines a rigorous study of management topics with a unique focus on technology and innovation management. The programs broad learning scope is ideal for graduates who hold positions in nearly every industry.
SUNY Poly’s MBA in Technology Management is 48 credits in length, consisting of 18 credits of Technology Management core courses, 21 credits of Business Management courses, and nine credits of specialized concentration courses. Part-time students typically take two courses at a time and earn an MBA in four years. Full-time students can finish the program in two years.
Admission requirements include a baccalaureate degree from an accredited college or university, a minimum GMAT score of 400, and a 3.0 GPA. Application deadlines are as follows: July 15 for the Fall semester and December 1 for Spring semester.
- Standard Coursework (39 credits) – International Business, Management Information Systems, Management Science, Managerial Finance, Marketing Management and Organization Business and Management.
- Technology Management core courses (18 credits) – Project Management, Managing New Product Design & Development, Business Law Ethics & Intellectual Property Rights, Innovation & Entrepreneurship, Cases in Technology & Innovation Management, Strategic Planning.
- Business Management courses (21 credits) – Accounting for Managers, Human Resource Management, Management Information Systems, Marketing Management, Multinational Economics of Technology, Financial Management Problems, and Quantitative Business Analysis.
Program Concentrations and Specialization Options
- Accounting and Finance (9 credits) – Example Courses: Investment Strategy, Financial Statement Analysis and Reporting, Seminar in Accounting & Finance.
- Health Informatics (9 credits) – Example Courses: Health Informatics, Legal Issues in Health Informatics, Quality Improvement in Health Informatics.
- Human Resource Management (9 credits) – Example Courses: Labor Relations, Compensation, Human Resource Information Systems.
- Marketing Management (9 credits) – Example Courses: Marketing Survey Design and Data Analysis, Sales Management, Services Marketing Management.
- Business Management (9 credits) – Example Courses: Accounting for Managers, Quantitative Business Analysis, Multinational Economics of Technology.
6. Syracuse University
Located in the University Hill neighborhood of Syracuse, the Whitman School of Management offers a top-ranked online Master of Business Administration. Delivered entirely online, the AACSB-accredited MBA@Syracuse New York combines collaborative online classes with real-world experience. The program is uniquely designed to help students develop an analytical mindset and sharpen their problem solving skills.
The degree needs 54 credits to complete. It consists of 36 credits of core courses, 15 credits of specialization electives, and three credits of global residences. Students typically complete two courses each semester and the entire program can be finished in as little as two years. There are four-semester start dates specifically July, October, January, and April.
Admissions into the MBA@Syracuse program require students to have a bachelor’s degree from an accredited college or university, a minimum of one year full-time work experience, and an official GMAT/GRE score. If an applicant has worked for five years or more in a professional corporate function, the GMAT/GRE score is waived.
Standard Coursework (36 credits) – Data Analysis & Decision Making, Global Entrepreneurial Management, Financial Accounting, Leadership in Organizations, Managerial Accounting, Managerial Finance, Marketing Management, Strategic Management, Microeconomics, Legal & Ethical Environment of Business, Introduction to IT, E-Commerce, and Operations & Supply Chain Management.
MBA Program Concentrations and Specialization Options
- Accounting (9 credits) – Example Courses: Strategic Cost Analysis, Taxes & Business Strategy, Financial Statement Analysis.
- Entrepreneurship (9 credits) – Example Courses: Global Innovation Strategy, Foundations of Entrepreneurship, Venture Capital.
- Finance (9 credits) – Example Courses: Corporate Financial Policy, Investment Analysis, Introduction to Derivatives.
- Marketing Management (9 credits) – Example Courses: Market Research, Strategic Brand Management, Global Marketing Strategy.
- Supply Chain Management (9 credits) – Example Courses: Global Supply Chain Management, Strategic Sourcing, Lean Six Sigma.
MBA Programs in New York
As the number of institutions offering MBA programs keep increasing around the world, an accreditation is what assures prospective students of the quality of education offered by such institutions. Given below are a list of the most visible MBA programs in New York that are accredited by reliable and internationally recognized organizations like the Association to Advance Collegiate Schools of Business (AACSB). The reputation that such an accreditation gives to the degree procured from the list below will make sure that you have a high return on investment for your education.
(The below 28 MBA programs in New York are listed in alphabetical order)
1. Adelphi University
The Robert B Willumstad School of Business of Adelphi University offers an MBA in Management for full time students as well as working professionals. The degree requires students to complete 33 to 66 credits of work depending on the prior preparation. Specializations in Sport Management, Human Resource Management, Finance, Management, Accounting, Management Information Systems, Marketing and Health Services Administration are available although students may choose to broaden their course by selecting from a spectrum of elective coursesPrerequisite courses may contribute up to 9 credits depending upon the student’s prior academic background. The MBA course meets regional, state and national accreditation standards.
2. Alfred University
The MBA program offered by the Alfred University helps part time and full time students gain functional knowledge of business by the use of Enterprise Resource Planning and SAP business suites. The MBA course has two specializations: Accounting and Business Administration. The accounting specialization is designed towards students who have completed an undergraduate program in accounting so that they may acquire 150 credit hour requirement for the CPA exam. Full time students may even complete 30 credits of course work in less than one year. The MBA course offered by the Alfred University is accredited by the AACSB International.
3. Baruch College – The City University of New York
The AACSB International accredited Zicklin School of Business of Baruch College offers an MBA program that allows full time students and working professionals explore specific areas in the course according to their career. The Full-time MBA offered by Zicklin was ranked in the top 50 for five-year ROI by Forbes. It is to be completed in 22 months that includes the use of educational resources, opportunities and activities that averages to 9 or more credits per semester. The Flexible MBA offered by Zicklin allows students to vary the number of credits and courses they take in each semester that averages to 6 credits each semester.
4. Binghamton University, State University of New York
The School of Management at Binghamton University offers an MBA in New York that spans four semesters exploring a variety of business fundamentals and specializations such as marketing, supply chain management, finance, leadership studies, management information systems and accounting. The MBA programs offered by the institution are accredited by the AACSB International. There are an average of 50 students in the class for the MBA program from a variety of backgrounds who work in a team-based environment. The first year has a maximum of 39 credits while the second year allows students to gather a maximum of 30 credits including electives. Full-time students of the course are made to participate in an internship program while pursuing the course.
5. Canisius College
Canisius College’s Richard J. Wehle School of Business offers MBA programs spanning one year or two years according to the student’s requirements. The one-year full-time program offers international and national business internships for major management areas such as accounting, marketing and finance. The evening MBA offered by the Richard Wehle School of Business helps working professionals pursue concentrations in human resources, information technology, marketing, global supply chain management, accounting and financial services by holding classes once a week allowing students to gather 12 credit hours in each semester. The institution is accredited by the AACSB.
6. Clarkson University
The Clarkson University is an institution that has won business accreditation from AACSB International. It offers MBA programs that span 9 months, one calender year, 18 months or 2 years, allowing students the flexibility to pursue the course according to personal requirements. Students at the Clarkson University may choose concentrations in elective courses such as project management, negotiations, logistics, Environmental management, innovation and new venture management, global supply chain management, investments, new product marketing and accounting. The MBA can also be pursued through a flexible online program by students globally.
7. Columbia University
The Columbia Business School offers MBA courses full-time students as well as online MBA courses for working professionals and global students. The MBA programs offered by Columbia Business School offers a wide range of elective subjects such as leadership and ethics management, finance, accounting, marketing, private equity, retail and luxury goods, value investing, social enterprise, real estate, media and technology amongst others. The institution also supports dual-degree tracks for students interested in combined studies.
8. Fordham University
Fordham University’s Gabelli School of Business offers three types of MBA programs, including a two-year full time cohort course, that allows students to pursue the course according to their requirements. The Professional MBA program allows students to pursue full-time or part-time courses in seven concentrations including Management, Finance, Public Accountancy, Accounting, Communications and Media Management, Information Systems and Marketing. The Executive MBA spans 22 months and is considered to be a Tier 1 Global Program by CEO magazine and is designed for mid-range professionals.
9. Iona College
The MBA program offered by Iona College’s Hagan School of Business is accredited by the AACSB. The institution offers a wide variety of certificate programs apart from eight major concentrations within the MBA Program including public accounting, management, human resource management, general accounting, financial management, health care management, information systems and marketing. Distance learning courses offered by the institution allows students to study according to their convenience while theFastTrack option allows full-time students to complete the two-year program within 15 months.
10. Ithaca College
Ithaca’s School of Business offers two MBA programs that are accredited by the AACSB-International, a masters program in business administration and a master’s program in professional accountancy. Both the courses are intensive one-year programs that allow students to choose electives from a wide spectrum of options. The professional accountancy program allows students to complete 150-hour educational requirement for attempting the public accounting exam of New York. Ithaca College stands third in the state for the number of students who cleared the CPA examination. During the MBA program, students are required to choose elective courses that may even include other graduate courses like music, computer science, that are available on campus.
11. Le Moyne College
The Madden School of Business at Le Moyne offers AACSB-accredited MBA program in accounting, finance, business analytics, human resource management, management leadership, information systems and marketing. Students are required to acquire at least 30 out of the 51 credits and a minimum of 30 credit hours. Students are made to choose elective courses from a range of options including business intelligence, managing systems project, electronic commerce, financial telecommunications and cybersecurity, group dynamics and interpersonal communication, internship, compensation, staffing and federal income taxation amongst others.
12. Long Island University-Post Campus
The AACSB International accredited Master of Business Administration degrees offered by Long Island University’s Post gives the student an opportunity to pursue a dual JD/MBA program, Campus MBA or a Corporate MBA program according to their career objectives and personal interests. The Campus MBA program provides 48-credits or course work for full-time and part-time students while Corporate MBA program focuses on developing teams at the campuses of sponsoring corporations. The institution also offers 5-year JD/MBA courses allowing qualified students to complete Bachelor of Science or Bachelor of Arts degrees and an MBA degree.
13. Manhattan College
Manhattan College’s School of Business is an institution that is accredited by AACSB International and offers MBA programs for students from all disciples. The MBA program can be pursued at a full-time or part-time basis, according to personal preferences, and all students are required to complete 36 credit hours of coursework during the program. Students have the option of choosing from electives such as employment law, international marketing field project and special topics in business. The institution also offers BS Business/MBA programs that allow students to achieve undergraduate business degree and an MBA within five years.
14. New York Institute of Technology
The School of Management at New York Institute of Technology is an AACSB International accredited institution that offers MBA programs that allows students to complete the course within one year, depending upon previous academics. The institution allows students to choose a concentration in decision sciences/operations, finance, marketing and hospitality & tourism. Students must complete a 21 credit core non-waivable course and an 18 credit waivable course, apart from electives worth 9 credits. Students who choose a concentration are required to complete 15 additional credits, and all students are supposed to complete the MBA program within a maximum of five years. The institution attracts students from more than 100 nations which is why the curriculum is contextualized, allowing its application in localized businesses.
15. New York University
New York University’s Stern School of Business is an AACSB-accredited institution that offers students an opportunity to pursue an MBA degree in a variety of specializations. Students are given the freedom to choose up to three specializations from a list that includes Supply Chain Management and Global Sourcing, Global Business, Finance, Economics, Banking, Accounting, Digital Marketing, Financial Systems and Analytics, Luxury Marketing, Law and Business, Product Management, Real Estate, Strategy amongst many others. The full-time two-year program guides blocks of 70 students through 60 credits worth of coursework including a summer internship. The institution also allows students to pursue dual degrees to combine a variety of fields.
16. Niagara University
The 16 month MBA program offered by AACSB accredited Niagara University gives students the opportunity to pursue a flexible MBA degree. The MBA program offered has a total of five blocks from the beginning courses to the capstone course. The prerequisite block of the program offers 18 credit hours and the core and concentration blocks provide a total of 33 credit hours. Working professionals may choose to be registered as a full-time student by opting for the Saturday format that requires them to visit the campus only once a week. Students may choose electives to complete concentrations in international business, strategic marketing, corporate finance, human resource management, strategic management, accounting, personal finance and healthcare administration.
17. Pace University
The Lubin School of Business at Pace University is an AACSB International accredited institution that offers Master of Business Administration programs in a wide range of concentrations. Students have the opportunity to choose to pursue an MBA in Information Systems, Management, Marketing Management, International Finance, International Business, Taxation amongst other options. The Lubin School of business also allows students to pursue Dual Concentration by acquiring 15 credits of coursework from two concentrations apart from 3 credits of elective subjects.
18. Rensselaer Polytechnic Institute
Lally School of Management at Rensselaer Polytechnic Institute offers MBA programs in two formats: an accelerated one-year MBA program and the traditional two-year MBA program. The accelerated MBA program constitutes of a 45-credit curriculum that includes the core subjects worth 33-credits as well as four electives worth 12 credits. The traditional two-year program offers 60-credits worth of coursework and an internship experience in the summers. Students of Lally School of Management may choose concentrations such as Finance, Marketing – New Product Development, Technological Entrepreneurship, Business analytics, Management Information Systems and Supply Chain Management.
19. Rochester Institute of Technology
The Saunders College of Business at Rochester Institute of Technology is an AACSB International accredited institution offering a variety of MBA programs to suit the requirements of part-time and full-time students. The Traditional MBA spans 2 years, Accelerated and Fast-Track MBA courses can be completed within 1 year while part-time MBA course may be completed within 2.5 years. The MBA program offered by the institution offers 11 core courses and 5 courses for electives and concentration areas, amounting to a total of 48 semester credit hours. There are an average of 25 students in a class, but each class has a limit of 35 students.
20. Cornell University
The Samuel Curtis Johnson Graduate School of Management of Cornell University offers an MBA program that spans only one year allowing students to experience an immersive and vast field of study. Students will spend the first ten weeks in Ithaca, where they will receive education in core business areas. After the first 10 weeks, students will move to the New York City campus for a rigorous, 9-month course which will help them explore innovative and interdisciplinary subjects. The curriculum is divided into Modules and Studio allowing a blend of theoretical education and practical application.
21. St. Bonaventure University
St. Bonaventure’ School of Business at St. Bonaventure University is an AACSB-accredited institution offering a range of flexible MBA programs to part-time and full-time students. Full-time students need to attend classes that may be held once a week, and they may be able to complete the program in one year while most part-time students complete the program in two years. The MBA program offered by the institution consists of 17 courses amounting to a total of 51 credits including foundation courses, business core, graduate electives and business policy. The institution also offers Five-Year Accounting MBA courses to qualified students.
22. St. John Fisher College
The School of Business at St. John Fisher College is an AACSB-accredited institution that offers flexible MBA programs that can be useful to full-time as well as part-time students. Students are required to complete a minimum of 30 credit hours and a maximum of 48 credit hours according to their choice of courses that are divided into foundations, core and concentration courses. The School of Business at St. John Fisher College offers four areas of concentration: Pharmaceutical Industry, Health System Management, General Management, Accounting and the institution allows qualified students to complete the MBA program within one year. Part-time students may complete the program in a maximum of six years.
23. St. John’s University
The Peter J. Tobin College of Business at St. Johns University in New York offers an AACSB-Accredited MBA program rooted in the Catholic faith. Tobin has provided innovative adult education for more than 90 years, and its MBA program is no exception to this. From the multi-million dollar Student Managed Investment Fund to its Executive in Residence program, the school offers many creative avenues for its students to develop business skills.
Tobin’s MBA program is 36-54 credits in length and can be pursued either full-time or part-time. All students are required to take three courses in philosophy and three courses in theology. The total number of credits required for the program depends on an applicant’s undergraduate background and selected concentration. The program offers 12 concentrations, including Executive Management, Finance, and International Business.
The MBA program admissions requires all applicants hold a bachelor’s degree from an accredited institution. Additionally an up to date resume, two letters of recommendation and also official GRE or GMAT exam scores.
The following are the eight core courses in the MBA program: Global Financial and Managerial Reporting, Business Analytics, Industrial Economics, Financial Management, Law, Ethics and the Principled Path in Business, Managing for Global Success, Decisions in Marketing Management, Risk Management.
MBA Program Concentrations and Specialization Options
The 12 available MBA concentration options: Accounting, Business Analytics, Computer Information Systems for Managers, Controllership, Enterprise Risk Management, Executive Management, Finance, International Business, Marketing Management, Public Accounting, Risk Management, and Taxation.
24. State University of New York at Oswego
The State University of New York at Oswego is an AACSB International accredited institution that offers MBA programs that incorporate flexible curriculum. The institution offers four focused MBA programs that include Business Administration, Online Business Administration, Health Services Administration and Public Accounting apart from three, five-year programs. The MBA programs have different curriculum, electives and credit hours depending upon previous academic pursuits and skills. Students may attend lectures conducted at any one of the two campuses in New York or choose to opt for online classes according to personal preference.
25. State University of New York Polytechnic Institute
The State University of New York Polytechnic Institute is accredited by AACSB International and they provide a Master in Business Administration program in Technology Management. The MBA program consists of 48 credit hours distributed amongst technology management core courses, business management core courses and specialized concentration courses. The program takes two years to complete for full-time students while part-time students may take longer depending upon the number of credits gathered within one term. The institution offers concentrations in Accounting and Finance, Health Informatics, Human Resource Management, Health Services Management, Business Management and Marketing Management.
26. Syracuse University
The Whitman School of Management at Syracuse University is accredited by AACSB International and they offer a range of MBA programs including an Online program, Full-time program, Defense Comptrollership Program and a five-year dual Engineering/ MBA program. The full-time, two year course is a 54 credit hour program out of which 18 credits are for elective subjects that come under specializations such as Finance, Entrepreneurship, Accounting, Supply Chain Management and Marketing Management. The online program offered by Whitman ranked as the #5 online MBA program in the country and #8 in the world by Financial Times. The Defense Comptrollership curriculum consists of a 60 credit hour program which can be completed within 14 months.
27. Union Graduate College
The School of Management at Union Graduate College of Clarkson University is an AACSB-accredited institution offering MBA programs in Accounting and Healthcare Management. The institution provides flexible schedules to allow full-time and part-time students to pursue an MBA degree. The MBA program for Healthcare Management consists of 17 courses that spans across two years along with an internship program in the summer. Students may choose to attend classes on campus or online according to personal preferences. The MBA program with accounting focus is aimed at helping students prepare for the CPA examination and it can be completed by full-time students within one year depending upon prerequisite skill and education.
28. University at Albany, State University of New York
The University at Albany hold dual AACSB accreditation in accounting and business. The School of Business of University at Albany, State University of New York offers intensive MBA programs with six concentration options: marketing, Human Resource Information Systems, Entrepreneurship, Cyber Security, Finance and Information Technology Management. Full-time students complete the program in two years while part-time students may choose to complete it in two to six years. The Evening MBA program offered by the institution requires a total of 48 credit hours out of which 12 credits are dedicated towards elective subjects. Full-time students gain hands-on experience by participating in mentorship, research projects and field projects of their choice.
New York MBA Salary and Job Outlook
According to the Bureau of Labor and Statistics website, Management occupations and Business Financial Operations occupations head the list of employment opportunities in New York area. These are two of the major occupational groups in the state, and there is ample opportunity for a successful career in this arena provided you are trained at a reputed school with a comprehensive online MBA program. New York heads the list of top paying states for professionals employed in the Management cadre, and this is another reason to opt for an MBA degree in the state, whether you do it online or on campus.
To give you an idea of what to expect, the BLS site indicates that professionals in the highest levels of management earned about $49.40 an hour in 2014. The estimated number of such jobs stood at 2,467,500 during that year.
Payscale.com lists the average salary that MBA holders can draw in New York according to their designations and has some interesting facts to share:
- The listing shows that a Financial Analyst may be earning somewhere between $46,000 and $86,000
- A Financial Analyst in the senior cadre may earn up to $98,000
- CFOs stand to earn between $82,000 to $223,000
- Marketing Directors are also at the high end of the earnings ladder with an earning potential between $62,000 and $ 165,000
The top three best cities for MBAs to find employment are New York, White Plains, Melville, Rochester, Buffalo because of the high salaries that they can earn in these locations. In terms of the best industries for employment in terms of pay scales, the sites lists Financial Services at the top, followed by Information Technology and Consulting.
Why should you do your MBA?
The better pay scale is one of the primary reasons to do your MBA degree in a reputed New York college. An MBA graduate can earn about 50% more salary than they would have garnered without this degree. This means your MBA degree offers excellent return on your investment in the course. If you get your degree from a highly reputed school, your starting salary is likely to be significantly higher than other MBAs from relatively obscure schools too. On an average, your starting salary may lie somewhere between $110,000 and $130,000 annually if you graduate from a reputed school while other school graduates earn about $75,000 to $90,000.
With the help of the best online MBA Programs in New York, you are geared up for high-level positions that allow you to take key responsibilities in the organization. This helps you hone your management skills better with hands- on experience in handling critical tasks for the business, and in turn, gives you the credentials to take on even more challenges with top of the line management roles.
The financial services, engineering, healthcare and hospitality sectors are the fastest growing segments of the economy and also the ones where the maximum innovation and expansion takes place. These are also the sectors where skilled, qualified MBA students are always required. Your New York MBA online degree makes you an ideal candidate for reputed companies in these sectors.
Experience in the management role in your workplace equips you to take on significant roles in the organization and also guarantees a consistent increase in pay scale. MBAs with seven years on the job experience may earn above $150,000 a year while those with over 10 years of experience in this arena can draw above $200,000 per year.
The pay scale of MBAs differs with the locality where you are employed. Fortunately, New York stands second on the list of best-paying cities for MBAs with an average graduate salary of $95,083.
Eliminate the risk of being underemployed with an MBA from a reputed school. The Georgetown University Center for Education and Workforce highlights a college degree as an effective way to reduce your risk of underemployment. Their study shows that students WITHOUT an Accredited Online MBA Programs in New York have an underemployment rate of 12.9% while the rate for those with this degree is about 6.2%.
Equip yourself for a market that is clearly indicating a growing employment market. This is not just true of the New York City area but also neighboring locations. This Department of Labor report presents labor market statistics for Upstate New York, showing that private sector employment has increased by 18,700 over the one-year period ending November 2015. The areas that saw the most increase in jobs include Glens Falls, Buffalo, Rochester and Syracuse.