The landscape of business is constantly evolving, and riding tandem are the business degrees educating our leaders and managers. Over the last century, these graduate business degree programs have evolved dramatically. This evolution is particularly prevalent when looking at the MBA degree. The MBA has drastically grown over the year to be more than just one master’s degree, but a degree that can encompass numerous concentrations, specializations, majors, and certificates covering a multitude of topics. The degree has not only grown, but also the number of universities and colleges offering this degree in an on-campus and online format are growing in number every semester. This demand for degrees is only matched in demand for knowledgeable and skilled leaders in the workplace, as the MBA has become the most common degree requirement for business leaders. Students can currently pursue online MBA programs with specialized curriculum in Hospitality, Cybersecurity, Entrepreneurship, Business Analytics, Healthcare Management, Supply Chain Management, and Marketing, with more choices added all the time. Online MBA Today explores different online MBA degree options in order to give prospective students information on the multitude of fields and degrees available.
Let’s explore the exciting field of Hospitality.
The Hospitality, Travel, and Tourism industries continue to fair well with annual stability and projected growth in the future. With an industry dependent on business and pleasure, a strong economy means a strong Hospitality industry. Businesses in our global marketplace continue to have their employees travel in order to reach new business regions or manage existing ones, and airlines are aggressively marketing low airfares, special discounts, and perks in an effort to attract both business and vacation travelers. While spending on goods has seen a decline in recently, consumers continue to spend on travel and experiences in the hope to enjoy what the world has to offer.
Online MBA in Hospitality
Hospitality management is not just about making customers happy and satisfied. With an online MBA in Hospitality, you’ll be expected to be an innovative and strategic thinker who is able to solve problems on the spot and help design long-term plans for your organization’s growth and success. Getting an online MBA in hospitality will give students foundational business knowledge combined with coursework centered around the hospitality and tourism field, as well as prepare them for upper-level management positions.
In an online MBA program, students study organizational theory and group dynamics to help develop as an effective manager. Students also explore the issues impacting your this particular field and analyze how is are affected by our increasing globalization. From a financial standpoint, students will take courses in topics such as economics, finance, marketing, and accounting.
Coursework specific to hospitality will likely cover topics like account management, budget management, and business strategy. Some common classes prospective students can expect to take include event planning and management, human resources, hotel and restaurant management, leadership, and strategic marketing. For example, at the University of New Hampshire’s online MBA with a hospitality specialization, students can expect to take courses in human resource management, hospitality operations a financial metrics, hospitality asset and financial management, hospitality revenue management and pricing strategies. Some programs require an internship and (or possibility in addition to) working on a capstone project, such as creating a feasibility study for a business expansion.
Online MBA programs are better than ever, with the ready availability of personal technology. With a computer and a good internet connection, students can start pursuing a degree on their own time and wherever it’s convenient. This flexibility of online programs makes them a great option for working professionals, those who travel frequently, parents with small children at home, or students who live a distance from the nearest school offering an MBA in hospitality. And, despite not being physically in a classroom with fellow students and faculty, most programs today are created to be interactive, giving plenty of opportunities to engage like you would in a traditional program. Often online programs are more affordable than their on-campus counterparts, as well. Do note, upon applying, if your program requires you to spend anytime on campus or on location elsewhere for internships or other coursework.
With an online MBA in hospitality you will be prepared for a variety of careers. Some of these include lodging manager, travel agent, convention manager, or casino manager, to name just a few. Hospitality MBA graduates can find themselves working in a hotel, a resort, or a casino. Or maybe land a job with a cruise line, travel company, or even a theme park. Hospitality expands far beyond lodging these days and, combined with the tourism industry, offers a wide variety of career options.
Based on our ranking of the Top Online MBA programs in Hospitality, here are the top five programs in the country:
Washington State University’s Carson College of Business – Pullman, Washington
East Carolina University’s College of Business– Greenville, North Carolina
Florida Atlantic University’s College of Business – Boca Raton, Florida
University of New Hampshire’s Peter T. Paul College of Business and Economics – Durham, New Hampshire
Louisiana State University Shreveport’s School of Business – Shreveport, Louisiana
OTHER MBA SPECIALTY REVIEWS:
Guide to Online MBAs in Accounting
Guide to Online MBAs in Finance
Guide to Online MBAs in Information & Technology
Guide to Executive MBAs
Guide to Supply Chain Management MBAs
Guide to Online MBAs in Business Analytics
Guide to Online MBAs in Healthcare Management
Guide to Online MBAs in Marketing
Guide to Online MBAs in Finance
Guide to Online MBAs in Nonprofit Management
Guide to Online MBAs in Entrepreneurship
Guide to Online MBAs in Cybersecurity
Guide to Online MBAs in Environmental Sustainability