With a land mass of 9,615 square miles, the highest point of the state of Vermont is Mt. Mansfield, which stands at 4,393 feet. Vermont became the 14th state in the Union on March 4, 1791. The city of Montpelier is Vermont’s capital city while the state’s nickname is the Green Mountain State. “Verd Mont was a name given to the Green Mountains in October, 176l, by the Rev. Dr. Peters, the first clergyman who paid a visit to the 30,000 settlers in that country, in the presence of Col. Taplin, Col. Willes, Col. Peters, Judge Peters and many others, who were proprietors of a large number of townships in that colony. The ceremony was performed on the top of a rock standing on a high mountain, then named Mount Pisgah because it provided to the company a clear sight of Lake Champlain at the west, and of Connecticut river at the east, and overlooked all the trees and hills in the vast wilderness at the north and south.”
While the population stands at 623,960 as of 2018, the state ranks as the 49th-least populated state in the United States only trailing Wyoming. As for education, Vermont ranks in the top ten among those on the U.S. Impressive statistics in this area also include the state’s being ranked as the 8th in Educational Attainment and 8th in 4-Year College Graduation Rate, according to U.S. News & World Report.
Geographically, Vermont is dominated by the Green Mountains from the north to the south. Lake Champlain is the largest lake in New England and the sixth-largest lake in the United States. The rock quarry, Rock of Ages, located outside Barre, is one of the largest granite quarries on the planet. Vermont is bordered by New Hampshire, Massachusetts, New York, and Canada. Besides its beautiful landscapes and rich history, Vermont also delivers several of the nation’s best online Master’s of Business Administration programs.
There are several paths a business professional may take to prepare for a career in management. While some students seek an associate’s degree or perhaps an undergraduate degree in business, the Master’s of Business Administration continues to be the most respected degree for professionals seeking to develop leadership skills in business. That is because it combines business theory with relevant and current application. Many MBA programs require that applicants have at least two years of professional experience and currently hold positions within organizations in order to apply the concepts taught in the classroom to the real world.
As much as a traditional MBA can benefit those who desire to make themselves more marketable and knowledgeable, the online format for this program continues to grow in popularity. There is no more flexible and convenient MBA program than the one offered online. Most online curriculums are identical to those offered in the classroom, while many business schools also provide the same access to mentoring and tutoring to distance learners as their traditional counterparts.
As there are many variables to consider while researching online MBA programs, we have put together the best three online Master’s of Business Administration degrees in the state of Vermont. While these programs are offered as either average or above average in total tuition, the state’s best program is backed by the excellent Accreditation Council for Business Schools and Programs. We hope this ranking of Vermont’s best online MBAs will be a useful tool as you find an online MBA that is right for you.
Note: A detailed explanation of the methodology we used to determine the best online MBA programs in Vermont can be found at the end of the ranking.
#1 Norwich University College of Graduate and Continuing Studies – Northfield, Vermont
Founded in 1819, today’s Norwich University features the official school colors of maroon and gold while operating under the school motto of “I Will Try.” Receiving its regional accreditation through the New England Commission of Higher Education, the university exists as a four-year, private not-for-profit institution of higher learning with a main campus in Northfield, Vermont. Delivering degrees at the undergraduate and graduate levels, the university oversees a student body of 4,100. Home of the Cadets, the athletic department at the university consists of 18 men’s and women’s varsity sports teams that compete at the NCAA Division III level as members of the Great Northeast Athletic Conference.
Affordability Score: Average
OMBAT Ranking Score: 100.00
#2 Champlain College Continuing Professional Studies Divisions – Burlington, Vermont
Operating under the official school motto of Audeamus (Let us dare), Champlain College is a four-year, private not-for-profit institution of higher learning with a main campus located in Burlington, Vermont. The college delivers degrees at the associate, undergraduate, and graduate levels to the 4,749 students currently enrolled there. Champlain was originally established in 1878 as Burlington Business School by G.W. Thompson. Champlain College receives its regional accreditation through the New England Commission of Higher Education. The schools demographics include students from over 40 states in the U.S. while over 60% are male and just under 40% are female. The school’s official colors are white, blue, and green.
Affordability Score: Average
OMBAT Ranking Score: 90.93
#3 Green Mountain College – Poultney, Vermont
Established in 1834, Green Mountain College is a four-year, private not-for-profit institution of higher learning with a main campus located in Poultney, Vermont. The college was established as Troy Conference Academy and was originally set up as a coeducational institution. The school would later become an all-female college before being rebranded as Green Mountain Junior College in 1937. In 1974 the school changed its name for the last time and added male students to the fold. For almost thirty years, Green Mountain has made environmental literacy and citizenship a high priority. Receiving its regional accreditation through the New England Commission of Higher Education, the college delivers degrees at the undergraduate and graduate levels to the student body of 724 currently enrolled there. Home of the Eagles who wear the official school colors of golden yellow and hunter green, Green Mountain College retains an official affiliation with the United Methodist Church.
Affordability Score: Above Average
OMBAT Ranking Score: 89.78
To find the top Online MBA programs in Vermont, a list of over 490 online MBA programs was collected, and each program was assessed, first for a location in the state of Vermont, and then ranked on the following factors:
Estimated Tuition Cost (25%): Each program was evaluated to find the estimated total base tuition cost. This data was collected from the most recent information on each program or school website. The base tuition was calculated for the whole degree program, but does not included fees, books, or room and board; with the exception of programs that use all-inclusive figures. For colleges that offer a lower in-state tuition, the in-state pricing is used. Twenty-five percent of the final ranking score is calculated from this figure.
Based on this base tuition data, each program is given an Affordability Score:
Very Expensive = $100,000+
Expensive = $50,000-$99,999
Above Average = $30,000-$49,999
Average = $20,000-$29,999
Affordable = $15,000-$19,999
Very Affordable = $0-$14,999
Accreditation (25%): Accreditation plays an important and unique role in education. It confirms which school has attained high national and global standards in its research and delivered education. Each online MBA program in this list is evaluated on whether it holds a regional accreditation from one of the six institutions that are recognized by the U.S. Department of Education.
In addition to regional accreditation, business accreditations affect an MBA’s prestige and brand name, which can thus affect a graduate’s competitive advantage in the job market. Each school is ranked on whether the online MBA program holds an accreditation from one of the top business accrediting institutions: ACBSP, IACBE, or AACSB. AACSB is widely regarded as the highest standard of business accreditation in the world, thus schools that hold this accreditation are given the highest scores. Twenty-five percent of the final ranking score is calculated from this figure.
Average Base Salary (25%): The average base salary data is highlighted in this ranking because it allows prospective students to explore the affect an online MBA degree can have on a graduate’s salary. This data is collected from the 2018 Best Business School Ranking by US News and World Report. Programs without a recorded average base salary from this list was calculated at zero because of no available third-party data. Twenty-five percent of the final ranking score is calculated from this figure.
Prestige (25%): The prestige for each degree program is calculated by evaluating lists from some of the most prestigious educational rankings systems for online MBA programs: US News and World Report’s Online MBA Ranking, the Princeton Review’s Online MBA Ranking, the Financial Times’ Global Online MBA Ranking, and Quacquarelli Symonds’ Distance Online MBA Ranking. Each online MBA was evaluated on how many ranking lists included their program. Twenty-five percent of the final ranking score is calculated from this figure.
All of this criteria was weighted equally, averaged, and then calculated on a 100-point scale. This score is the OMBAT Ranking Score, which provides the ranking order for this list. By evaluating the tuition cost, accreditation, average base salary, and prestige, this ranking helps prospective students find the highest quality online MBA programs in Vermont.