As more business schools broaden the programs listed through online education, specialized degrees will continue to be developed and offered to distance learners. As top Online Executive MBA programs are designed for graduate students seeking mid-to-high level management positions, there has been a trend for many of these degrees to come with a higher price of tuition. As candidates for online EMBAs research and compare degrees, they will do well to evaluate if the cost of the education will result in competency and development as a result of the program and attempt to forecast if there will be a strong return on the investment of education with increased salary within the current organization they are employed by or a new position they will attain upon graduation.
Instead of simply looking at program tuition rates at face value, the discerning EMBA student will also research factors like organization tuition benefits, scholarships, fellowships, loans, tax savings and the like. Many employers have, as a matter of employer policy, benefits in place for employees seeking continuing education and training in their field. Some companies offer tuition matching programs that allow students to cut EMBA tuition fees in half. “As a general practice, most organizations lend support in one or more ways – by paying all or part of tuition, allowing time to attend classes, supporting projects and application of knowledge, and recognizing professional growth and leadership development.”
Though it is common for some business schools to offer an Executive Master’s of Business Administration at tuition rates well into six-figures, there are some highly-accredited programs that offer rigorous curriculums delivered by award-winning instructors at a fraction of the cost. One such program with excellent credentials and an accessible tuition rate is the online MBA with an emphasis in Executive Management delivered by the College of Business at Ohio University. This business school receives its exemplary business accreditation through the Association to Advance Collegiate Schools of Business International. This nationally recognized online MBA is delivered as a 35-credit hour, 100% online program with concentrations in Business Analytics, Finance, Executive Management, and Health Care. While Fortune Magazine has recently awarded the program as the 3rd best MBA value in the country, the total tuition rate for this program is an affordable $35,805.
Students looking for a low tuition that could result in an even higher return on the investment of education will want to consider the hybrid Executive Master’s of Business Administration featured at Texas Woman’s University’s School of Management. Accredited by the Accreditation Council for Business Schools and Programs, the business school has designed this 36-credit hour program for the experienced business professional. Courses within this degree include Marketing Management, Administrative Managerial Finance, Managerial Accounting, Management and Organization, Managerial Decision Making, and Business Ethics and Legal Environment. While most the coursework for this degree is achieved online, some Saturday residencies at the school’s campus in Denton, Texas are required. While the business school recommends candidates for this degree have a minimum of five years’ work experience coming into the program, the attractive total tuition fee of just $23,733 is sure to result in a high ROI.