Online MBA in Vermont
If you are interested in finding online MBA programs in Vermont, this page provides valuable information on finding the best school for you. We provide statistics on the labor projections for MBA graduates in Vermont and details on Vermont MBA programs offered through traditional and online methods, including schools accredited by the prestigious Association to Advance Collegiate Business Schools (AACSB).
- Part 1 – Online MBA Programs in Vermont
- Part 2 – MBA Programs in Vermont
- Part 3 – Job Outlook for Graduates
Online MBA Programs in Vermont
Although there are no AACSB-accredited online MBA programs in Vermont, there are however other great online MBA options offered in nearby states, such as New Hampshire and New York, which are open to Vermont residents.
1. Green Mountain College
Green Mountain College, based in Poultney, Vermont, has offered a non-accredited online Sustainable MBA degree since 2006. The program has a general business curriculum with a focus on training MBA graduates in sustainable and environmentally conscious business principles. In 2015, Princeton Review ranked the college the #2 “Green College” in the country. The online MBA program includes 37-credit hours of study and courses are offered in six-week blocks with a one-week break in between each block. Courses have a 20-student cap, but may be smaller based on enrollment. The program admits students from across the country and globally; however, there is a four-day, mandatory, on-campus residency in September.
You can start the program in the fall or spring term and applications are evaluated on a rolling basis. To apply, you will need transcripts from your bachelor’s degree, a resume, a 500-word personal essay, and three recommendation letters. A minimum 3.0 GPA and at least two years of business experience will make you more competitive in the selection process. You will also need to submit your scores from the GMAT or submit a Quantitative Skills Assessment outlining your education and skills in math, statistics, economics, finance, and accounting.
All students take the same courses and it is highly recommended to progress in the recommended sequence.
Core Curriculum (37 credit hours) – Communication Management, Sustainable Organization Management: A Triple Bottom Line Perspective, Organizational Behavior in Sustainable Organizations, Sustainable Operations and Systems Thinking, Sustainable Marketing, Statistics & Quantitative Methods for Sustainable Organization Management, Stakeholder Economics & Sustainable Performance Management, Accounting for Sustainable Organization Management, Ethical Issues & Legal Environment, Financial Measures of Added Value, Leadership, Values, and Decision Making, Competitive & Strategic Management – A Stakeholder Approach, Capstone Project I & II
Program Concentrations and Specialization Options
There are no concentrations offered within the Sustainable MBA curriculum.
2. College of St. Joseph in Vermont
The College of St. Joseph (CSJ) has been awarding business administration degrees since 1974 and currently offers a hybrid on-campus/online, non-AACSB-accredited MBA degree with a general business curriculum that includes significant content on organizational leadership and strategy. The program has a flexible structure that is designed to fit the needs of working professionals and it can be completed in as little as one year of full-time study or at your own pace through part-time study. You will complete 42 credit hours and courses are offered on Wednesdays and Saturdays on-campus or online throughout the year.
You can apply to the program if you have a bachelor’s degree in any subject; however, if you have not taken business courses as part of your undergraduate degree, you will need to take introductory courses in marketing, quantitative analysis or statistics, economics, accounting and finance before you can begin the core curriculum. These courses can either be taken at CSJ or through equivalent courses at other institutions. The application package includes an online application form that collects basic personal and academic information, a statement of purpose, two recommendation letters, a resume, and your official transcripts from all undergraduate and graduate study. If you have previously studied toward an MBA degree at another institution, it may be possible to transfer up to six credit hours to CSJ. International students for whom English is not a first language also need to submit scores from TOEFL, IELTS, or ELS, a financial verification statement, and a recommendation letter from an English teacher.
Core Curriculum (42 credit hours) – Leadership, Legal and Ethical Decision Making, Marketing Management, Quantitative Analysis, Economics, Organizational Behavior and Development, Consumer Marketing Strategies, Managerial Accounting, Managerial Finance, Operations and Systems Management, Strategy
Program Concentrations and Specialization Options
All students take the same courses in this degree program and no specialization options are offered.
3. Norwich University
Norwich University offers an online MBA with a general business curriculum or several concentration areas. The program includes 36 credit hours and courses are offered in 11-week blocks throughout the year. If you choose to complete a concentration, you will also complete a major research project in your area during the last half of the program. You can study full-time or part-time and all students, regardless of geographic location, pay in-state tuition fees. Applications are accepted for March, June, September, and December start dates. The program has a week-long, required residency at the end of the program that coincides with the June graduation ceremony. In addition to your required coursework, you will need to pass a comprehensive exam at the end of the program to graduate.
You must have a bachelor’s degree to be eligible. To apply, send your application form, resume, transcripts from undergraduate study, a letter of intent, and a recommendation letter. If you have previous graduate study experience, it may be possible to transfer up to 12 credits to the program. You will need to send your graduate transcripts and course outlines and they will be evaluated on a case-by-case basis.
Core Curriculum (18 credit hours) – Strategic Resources Management, Managerial Finance, Strategic Marketing and Operations Management
Program Concentrations and Specialization Options
- General Business (18 credit hours) – International Business Management, Leading Change in Organizations, Strategic Management
- Project Management (18 credit hours) – Project Management Techniques, Tools, and Practices, Project Management Leadership, Communications, and Teams, Strategic Management in Project Management
- Finance (18 credit hours) – Multinational Business Finance, Investments and Portfolio Management, Strategic Management in Finance
- Organizational Leadership (18 credit hours) – Leading Change in Organizations, Strategic Organizational Behavior, Strategic Organizational Leadership & Developing a Learning Organization
- Supply Chain Management and Logistics (18 credit hours) – Supply Chain Management Strategy, Planning, and Operations, Supply Chain Management Logistics, Design, and Execution, Supply Chain Management Assessment, Integration, and Optimization
- Construction Management (18 credit hours) – Project Management Techniques, Tools, and Practices, Contracts and Insurance, Project Finance and Accounting
MBA Programs in Vermont
There is one AACSB-accredited MBA program in Vermont. Here are the details on the MBA program focus, admission requirements, and curriculum.
1. University of Vermont – Grossman School of Business
The University of Vermont offers a unique Sustainable Entrepreneurship MBA (SEMBA) that is accredited by the AACSB. The school focuses on entrepreneurial business, sustainable development, and innovative processes rather than more traditional areas of business, such as operations management. The SEMBA takes one year of full-time study to complete, includes 45 credits, and focuses on preparing graduates to start their own businesses or work in innovation roles after graduation. The program is delivered in four eight-week modules through a cohort model, which means that students start the program and progress through the courses together.
You need a bachelor’s degree to apply to the program, preferably with a 3.0 Grade Point Average (GPA). The work experience criterion is flexible – if you have at least three years of experience in business, non-profit, or government organizations or have any management experience, you will be given preference. You will need to take either the GMAT or the GRE and submit your scores along with reference letters and your transcripts. If you did not take business courses during your undergraduate studies, you can take the school’s foundational courses offered online during the summer before you begin the program to prepare.
All students take the same courses, which are separated into four modules of eight weeks each.
- Foundations of Management (10 credit hours) – World Challenges: Physical and Social Realities, Business Strategy for a Sustainable World, Finance for Innovators, Sustainable Brand Marketing, Teamwork and Collaboration for Sustained Innovation, Business Economics, Entrepreneurial Leadership and Mindset, Leadership Seminar
- Building A Sustainable Enterprise (9 credit hours) – Business Sustainability and Public Policy, Crafting the Entrepreneurial Business Model, Marketing Decision Making Under Uncertainty, Organizing for Sustainable Transformation, Finance for Innovators, Cost Models for the Transformational Enterprise, Leadership Seminar
- Growing a Sustainable Enterprise (9 credit hours) – Practicum Planning, Managing and Leading for Sustainable Innovation, Sustainable Operations and Green Supply Chains, Business, Communities, and Sustainability, Law as a Framework for Entrepreneurial Business, Sustainability Toolkit I, Financing a Sustainable Venture, Leadership Seminar
- Focusing on Sustainability (9 credit hours) – Sustainability Technology Commercialization, Driving Innovation from the Base of the Pyramid, Entrepreneurial Family Business, Regulatory Issues for the Entrepreneur, Sustainable Energy Technology and Policy, Systems Tools for Sustainability, Sustainability Toolkit II, Service Operations & Sustainability, Leadership Seminar
- Sustainable Entrepreneurship in Action (7 credit hours) – Practicum Pitch, Summer Project, & Debriefing
MBA Concentrations and Specialization Options
There are no concentrations within the SEMBA curriculum.
Vermont MBA Salary and Job Outlook
Short and long-term projections suggest steady job growth in Vermont overall and for MBA graduates across all types of business positions. Overall, the Vermont Department of Labor projects 33,439 new jobs will be created from 2012-2022 and 81,867 replacement openings will become available across all sectors.1 Short-term projections by the Vermont Department of Labor include General and Operations Managers and Managers, All Others on the Occupations with the Most Openings list in the state, with 93 and 92 new positions opening up in each category respectively each year.2
In 2015, the Bureau of Labor Statistics reported that 12,040 individuals were employed in Management positions in the state, including 2,780 General and Operations Managers, 690 Financial Managers, and 280 Chief Executives.3 The Bureau also reported that 15,190 individuals were employed in Business and Financial Operations positions, including 950 Human Resources Specialists, 740 Management Analysts, and 230 Financial Analysts.3
According to data provided by the Bureau of Labor Statistics on reported salaries in 2014 and projected growth from 2012-2022:
- Chief Executives made a median salary of $171,600 compared to the national median of $173,300, and Vermont may see a small increase in Chief Executive positions (3% growth compared to a 1% decrease nationwide).4
- General and Operations Managers earned a median salary of $91,800, which was slightly lower than the national median of $97,300. A 9% growth rate is projected, which is slightly above the national 7% projected growth rate for these positions.5
- The “Managers, All Others” category had a median salary of $99,300, compared to $105,100 nationwide, and this job type is projected to increase by 8% compared to 4% nationally.6
- Management Analysts earned a median salary of $71,600 compared to $80,900 nationally, and 20% growth in this category is expected in the state compared to 14% nationwide.7
- Financial Managers were reported to earn a median salary of $103,000 in comparison to $115,300 nationally. The state’s projected growth rate is 6% compared to 7% nationally.8
Payscale.com also provides some information on graduate salaries in Vermont:
- MBA holders report a median salary of $101,739 statewide and $105,000 in the state’s largest city, Burlington.
- MBA – Finance degree holders report a median salary of $73,250 statewide and in Burlington.
- MBA – Project Management degree holders report a median salary of $55,500 statewide and $62,500 in Burlington.
- Master’s level graduates from Norwich University (all programs) report a median salary of $57,800 in the first five years of work and a $102,000 mid-career salary (after 10 years of work experience).
- University of Vermont Master’s graduates (all programs) report a median early career salary of $49,600 and a mid-career salary of $86,100.