With a Master's in Business Administration degree, professionals working in the business arena will have a valuable mixture of financial and operational skills that will make them stand out to employers. MBA programs build on the foundations of economics, accounting, finance, marketing, and management to give students practical, real-world skills for managing money and people in today's global business market. And with online programs, students not only save money compared to traditional graduate programs, but they also gain experience with many of the technical elements that they'll be using in their careers going forward. With that in mind, why don't we take a look at the Best Online MBAs in Louisiana?
FINDING AN MBA DEGREE
Many people have heard of an MBA degree, but fewer are familiar with the formal structure of MBA programs and how they deliver key business know-how to their students. That's because each program is unique. Even though most programs cover similar subject matter, their methods of delivery can make different programs better for different students depending on their academic strengths and professional plans. Students without an undergraduate degree in business, or those who wish to develop a broader set of business knowledge, often find success with more highly structured, cohort-driven programs. These programs offer fewer elective credits, or may even preset the entirety of a student's coursework. Students who have a stronger idea of what area of business they wish to pursue in their career may choose a program that emphasizes its concentration areas more. Some programs dedicate as much as half the credits toward concentration/elective courses!
Once MBA students have graduated, they'll enter a job market which is currently saturated with opportunities for growth and flexibility. Because MBA programs cover such a wide range of knowledge and emphasize the key skills of leadership and management, graduates qualify for a wide range of jobs. And if a student earns a concentration in a specialized area such as Accounting, Health Care Management, or Human Resources Management, this can lead to even further opportunities on the job market. For instance, Financial Managers earn a median annual salary of $128,000 per year, according to the Bureau of Labor Statistics. And like many business jobs, the job market is projected to grow in the coming decade, with as many as 110,000 jobs being created by 2030. So whichever career path a student aims for, it's hard to miss with an online MBA!
RANKING THE 8 Best Online MBA in Louisiana
Online MBA Today uses eight metrics to grade each school: Quality of Online Programs from U.S. News, Mid Career Pay from Payscale, Student Review Score from Rate My Professor, aggregate reputation score from other ranking sites, and Percentage of Online Programs, SAT Scores, Average Net Price, and Retention Rate from the National Center for Education Statistics. For a comprehensive breakdown of how we categorize and source data, please visit our methodology page.
#1. LOUISIANA STATE UNIVERSITY
Known famously the home of the tigers, Louisiana State University could also be called the home of the champions as the school has won 47 different national championships. LSU's Master of Business Administration program students normally work full-time during the program, with asynchronous courses and content allowing them to complete their work on their schedule. It is a 42 credit hour program, which students can complete in as few as 18 months. The credit requirements make up 14 courses. The content of the courses divides between core coursework and electives. Core courses cover topics such as information systems, marketing, supply chain management, and business analytics. Students then select from elective course options such as International Management Challenge, Negotiations, and Cybersecurity. The Department of Entrepreneurship and Information systems also offers courses in analytics, as well as a graduate certificate in Analytics.
Program coursework is delivered in seven-week modules, with students generally taking one course per module; however, students may take two courses per module if they wish to complete the program faster. Students with at least a 3.0 undergraduate GPA and three years of full-time work experience can qualify for a GMAT score waiver as a part of the admission's process. Students entering the program have an age range between 26-37 and bring with them between three to 15 years of professional experience. LSU offers MBA students an alumni base of more than 225,000 former Tigers, who can help students to build their network of professional contacts and resources.
#2. UNIVERSITY OF LOUISIANA AT MONROE
Students attending Monroe find themselves marching to the tune of their own beat, though this often accompanies the school's award-winning marching band, Sound of Today. The University of Louisiana at Monroe has an online Master of Business Administration program, which is delivered in a lock-step format, with students taking two courses each per semester. These begin with eight core courses such as Marketing Strategy, Financial Analysis, or International Business. Students must then choose to take either six semester hours of business administration related electives or nine hours of electives related to another MBA concentration area. Concentration areas available in the program include Construction Management, Educational Leadership, and Gerontology. Sample electives from these concentrations include Construction Quality, Managing School and District Resources, and the Economics of Aging, respectively.
To be admitted, an applicant must have a graduate or professional degree, a cumulative undergraduate GPA of 3.0, or a GPA of 3.0 in the last 60 plus hours of graduate/undergraduate coursework. Students who do not meet this standard may be conditionally admitted, with sufficient GRE/GMAT scores or five years of full-time employment. Managerial work experience is preferred, or work experience that shows a progressive increase in the student's professional responsibilities. Applicants without undergraduate business coursework will be required to take prerequisite courses in accounting, economics, and finance. Students may also take proficiency exams to meet the prerequisites for beginning the graduate program.
#3. LOUISIANA TECH UNIVERSITY
Louisiana Tech has a number of professional connections with the United States Government including distinctions and research from the National Security Administration and the US Air Force. LTU offers an online Professional Master of Business Administration program. The professional MBA mirrors the traditional on-campus MBA program and is composed of eight core courses and two electives. Core courses cover the key subject matter, including Financial Management, Organizational Behavior, and Global Perspectives in Management. Louisiana Tech offers a wide range of elective course options, as any graduate business course offered at 500-level or above can count as an MBA elective. This can cover topics such as Global Perspectives in Management and Critical Thinking for Business, along with a number of different Special Topics courses, which are rotated through each semester.
On top of its online Professional MBA program, Louisiana Tech University also offers a number of other formats and programs related to the MBA. LTU has an Executive MBA, Hybrid MBA, and the traditional MBA program. The Executive program meets every other weekend on Friday evening and all day on Saturday. The Hybrid MBA is a 24-month, 36 credit hour program that pairs personal connections with virtual classes. Students without an undergraduate background in business are required to complete foundation courses before beginning the MBA core. Students may either complete five undergraduate business courses or pursue a Fast-Track option that involves the completion of four, self-paced pass or fail courses. Students who complete these courses may be able to earn a Post-Graduate Business Foundations Certificate.
#4. UNIVERSITY OF LOUISIANA AT LAFAYETTE
For students and applicants versed in French, Lafayette sometimes goes by the alternate name of l'Universite des Acadiens, which pays homage to the Acadian French heritage of many within its student body. The University of Louisiana at Lafayette has a Master of Business Administration program can be completed in as little as 15 months. Students complete 33 credit hours of coursework, which is delivered through 11 courses. The first nine courses in the sequence are core courses, such as Managerial Economics, Policy Formulation, Strategy, and Administration, and Data Analysis. The final elective courses then help decide if a student is going to pursue a General MBA or one of the program's concentration options. Concentrations are available in areas including Finance, Global Management, and Hospitality Management. Elective courses for the General MBA are Operations and Project Management and Business Law.
Applicants to the program should have a minimum undergraduate GPA of 2.5 on a 4.0 scale. Students below a 3.0 GPA need at least three years of work experience or above a 450 GMAT score to be admitted to the program unconditionally. Students may be admitted on a conditional basis if they do not meet the GPA and GMAT score requirements. Students entering the program without undergraduate coursework in business will be required to complete up to four foundational courses in Accounting, Economics, Finance, and Quantitative Methods. Each course in the program is designed to be completed in eight weeks. Additional concentrations to those listed above include Entrepreneurship, Sales Leadership, and Human Resource Management.
#5. LOUISIANA STATE UNIVERSITY – SHREVEPORT
History buffs can entertain themselves on LSU's Shreveport campus thanks to the Pioneer Heritage Center, which operates a number of exhibits related to former plantations from the Shreveport area. Louisiana State University Shreveport is home to an online Master of Business Administration program, which can be completed in as few as ten months. Students complete 30 credit hours of coursework delivered through seven core courses and three electives. Core courses include Managerial Use of Accounting Data, Economic Analysis for Management, and Organizational Behavior. Students then choose three courses from a list of elective options, such as Entrepreneurship, Innovation and Creativity, Hospitality and Casino Marketing, and Lean Transformation. Students may also choose to pursue a concentration area with their elective credits, with options such as Finance, Marketing, and Data Analytics available, among others.
Students who lack recent academic or professional experience in accounting, finance, economics, or statistics may be required to take up to four additional one-credit foundation courses before they may begin the MBA core. The foundation courses are each offered independently and are graded on a pass or fail basis. The MBA program has multiple start dates offered throughout the year and even within semesters, which along with accelerated coursework, is designed to be as convenient and flexible as possible for working professionals. Students with below a 3.0 undergraduate GPA must meet specific work and GMAT requirements to be admitted to the program. In addition to the online MBA program options, LSU Shreveport also has an online Master of Science program in Nonprofit Administration.
#6. NICHOLLS STATE UNIVERSITY
Nicholls State students know how to eat well, as their university was one of the first in the United States to offer a degree in Culinary Arts, specializing in Cajun and French cuisine. Nicholls State has two different MBA programs for students to select between. These are the Evening MBA program or the Executive MBA program. Both programs can be completed in as few as 18 months and require students to complete a preset series of ten courses. Classes are divided between Language and Tools of Business Analysis, Understanding Organizational Processes, and Achieving Competitive Success. The Evening program may be completed on a part-time basis, which changes the completion time to 24 months. Enrollment into the Evening program occurs in the spring, fall, and summer. Graduate assistantships are available to Evening MBA students, but they are not applicable to Executive MBA students.
Applicants to the evening program are required to have a bachelor's degree from an accredited university, as well as GMAT/GRE scores. Applicants to the Executive MBA program must have at least three years of full-time work experience, though five years is preferred. Each EMBA class is limited to 15 students so candidates are encouraged to apply to the program as early as possible. Executive MBA applicants may apply for a GMAT waiver, which includes a written statement stating the basis for a waiver. The evening program is delivered in a traditional semester setting, while the executive program meets roughly every other Saturday during the five-to-seven weeks that make up each course.
#7. TULANE UNIVERSITY
Tulane University has a wide range of resources available to students, namely because it is the only Louisiana college with an endowment above $1 billion. The Freeman School of Business at Tulane is home to a Professional Master of Business Administration program. It is a part-time program which lasts three years and includes 54 credit hours of coursework. The core curriculum begins with Business Statistics and Strategic Management. Second-year courses cover Business Ethics and New Venture Plans. Classes include experimental learning opportunities such as producing equity analysis reports and simulated trade and stock portfolio management. The third year of the program is composed of elective coursework, with students taking six total electives, two for each semester in fall, spring, and summer. The program also includes an option for a concentration in analytics, energy, or entrepreneurship, among others.
Applicants to the part-time, professional program are expected to have at least two years of full-time work experience and are taught by faculty from the full-time MBA program in New Orleans and Houston. Other concentration options not listed above include finance, real estate, strategic management and innovation, and entrepreneurial hospitality. Tulane is also a part of the Alliance Global MBA program, which offers qualified students the opportunity to earn a second graduate degree (Master of Global Management) or a graduate certificate (Alliance Certificate in Global Management). Students in the regular Professional MBA program have the opportunity for up to six global leadership trips abroad. Tulane also offers full-time and fast track MBA programs, which can be completed in two years or one year, respectively.
#8. SOUTHERN UNIVERSITY AND A&M COLLEGE
Southern University and A&M College is the largest historically black college/university in Louisiana, and is also home to the marching band "The Human Jukebox". Southern University will be launching its online Master of Business Administration program in Fall 2019. Students will follow the same MBA curriculum, with 36 credit hours of coursework required for the degree. Thirty hours of coursework are dedicated toward core courses such as Management Information Systems, Organizational Behavior and Leadership, and Marketing Management. The final two to three courses, which make up six to nine hours of coursework, are dedicated toward elective courses, which are often linked to a student's concentration. Concentrations offered in the program include Entrepreneurship, Human Resource Management, International Business, and Supply Chain Management. Students may also choose to pursue a free elective option, which can include other opportunities such as an internship or a Special Topics in Business course.
Students entering the program without any real-world business experience will be encouraged to complete an internship during the summer as a part of the program. Once applicants have submitted their initial materials, candidates who advance to the next round of consideration will be contacted for an interview. Interviews are required for all applicants to the program. Late applications may sometimes be considered, on a case-by-case basis and with payment of a $10 late application fee. Applicants to the program are primarily judged on academic strength, professionals skills & goals, and personal characteristics. Students may be required to complete up to 18 credit hours of foundational coursework.