With September here and gone, the fall semester is in full swing. This past month has seen multiple online MBA programs starting. With the number of programs available almost reaching 500, Online MBA Today has published new rankings to help prospective students in their search for the right online MBA: the Top Online MBA Programs in Utah Ranking, the Top Online MBA Programs in Vermont Ranking, the Top Online MBA Programs in West Virginia Ranking, the Top Online MBA Programs in Washington, DC Ranking, and our annual Top 50 Best Value Online MBA Programs 2019 Ranking.
Over the past month, there has been new Online MBA programs announced from the University of Iowa and Midstate College, as well as some important ranking news from U.S. News and World Report. Enjoy the latest news for Online MBAs!
University of Iowa – Iowa City, Iowa
This month, the Iowa Board of Regents approved a fully online MBA program at The Tippie College of Business at the University of Iowa. This new program comes on the heels of last year's announcement that the full-time MBA program would be phased out by May 2019. According to David Frasier, the associate dean of MBA programs at Tippie, this new program is "certainly part of our long-term strategy that takes into consideration what's happening with national trends. â¦ With elimination of the full-time program, that freed up faculty, and being online, distances weren't a consideration."
The program will begin to roll out in August 2019 and will initially be aimed at in-state professionals, especially in western Iowa, where UI has not had access to.
At the moment, there are nearly 1,000 students enrolled in UI's MBA programs. It already offers 14 of its MBA classes online.
The University of Iowa was founded in 1847 and is a flagship, public research university in Iowa City, Iowa. It is the second largest university in the state, with 11 colleges covering over 200 areas of study. UI has a total enrollment of over 33, 000 students and holds accreditation from Higher Learning Commission.
Midstate College – Peoria, Illinois
Midstate College will begin offering an MBA program to begin in November 2018. Students will have the option of attending classes either in the evening or online. In an interview the Peoria Journal Star, Meredith Bunch, president and CEO of Midstate, said about the new program, "Primarily, we've always been a business college. This is the next logical step for meeting the needs of our students."
The program will be aimed at its current students as well as those within 100-mile radius around Peoria, Illinois. The program will be one year and will cost just under $20,000 for a full-time student. Midstate will also accept students with grade point averages as low as 2.5 and the Graduate Management Assessment Test will not be required.
Midstate is a for-profit college in Peoria, Illinois with just under 700 students. The MBA program will be the first master's degree offered. Currently, Midstate only offers associate's and bachelor's degrees. It is accredited by the Higher Learning Commission.
U.S. News Unranks 8 Schools in the 2018 âBest Colleges' Ranking
Recently, in light of the misreporting of data at Temple University, eight other schools have informed U.S. News & World Report that they also misreported data that ranked them in the publication's 2018 edition of Best Colleges. The misreported data placed these schools' numbers higher than they are, prompting U.S. News to add them to their "unranked" category. This will last until the 2019 edition of the Best Colleges comes out.
The eight schools are:
Austin Peay State University overstated its six-year graduation rate at 40 percent instead of 37 percent.
Dakota Wesleyan University overstated its average need-based scholarship or grant award given in financial aid in 2016-17, reporting $16,406 instead of $13,579.
Drury University understated its total 2016 fall enrollment at 1,611 instead of 3,571. This meant its financial expenditures per student were reported as higher than they really are.
Hampton University overstated its six-year graduation rate at 66 percent instead of 56 percent.
Oklahoma City University also overstated its six-year graduation rate at 62 percent instead of 59 percent.
Randolph College overstated its average faculty salary for 2016-17 at $104,200 instead of $88,647.
Saint Martin's University, likewise, overstated its six-year graduation rate at 55 percent instead of 52 percent.
St. Louis University, as well, overstated its six-year graduation rate at 77 percent instead of 74 percent.