Gone are the days where business schools only offered full-time, two-year MBA programs for students with several years of experience and specific career goals. Today, business schools across the US have adapted their offerings to meet the needs of a changing economy.
With everything from online MBA programs with data science specializations to part-time Executive MBA programs for those with full-time careers, business schools are putting student needs first. For example, New York’s SUNY New Paltz School of Business gives students the opportunity to earn a bachelor’s degree and an MBA in five years through the 4+1 Program.
Want to fast-track your MBA into an accelerated nine months? There’s a program for that. Passionate about international business and want pursue an internship abroad? There’s a program for that too. With so many specializations, an MBA degree opens doors—not just academically—but also exposes students to professional networking and unique opportunities in their area of interest.
At Old Dominion University’s Strome College of Business, MBA students can specialize in everything from healthcare to maritime studies. At the University of Denver’s Daniels College of Business, an emphasis is placed on ethics and values-based leadership.
Focusing on technology and innovation, the MBA program at Rensselaer Polytechnic Institute’s Lally School of Management, offers students the opportunity to work with local companies, present to business executives, and visit key technological hubs in the US. The program can be completed in as few as 12 months, but students opting for a summer internship or Dual MBA/MS degree may pursue the two year program. To tailor your learning, concentration electives are offered as an option in Business Analytics, Finance, Management Information Systems, Marketing – New Product Development, Supply Chain Management and Technological Entrepreneurship.
Technology and the recent surge in startups have played major roles in this new wave of MBA programs. Well-funded student innovation centers and competitions have become the norm, as students are encouraged to put their business ideas into action.
At the University of the Pacific, the Eberhardt Student Investment Fund gives business students the opportunity to manage a $2.9 million investment fund. MBA students also take part in an international global competition course, an experience sure to leave graduates with something to talk about during their interviews!
Well respected by employers and known for its robust return on investment, the highly regarded MBA is the most popular form of master’s degree in the US. According to Fortune Magazine, the median starting salary for recent MBA graduates in the US is $100,000, compared to $45,000 for those with a bachelor’s degree. Hiring of MBA grads is on the rise, with an increase in demand and in increase in salaries on the horizon.
So what does this all mean for international students? With many programs paving the way for extended work visas after graduation, they are most certainly welcome at business schools across the US. American business schools have long embraced having culturally diverse student bodies and bilateral partnerships with international institutions.
“We want to increase the international experience of all our students,” noted University of Wisconsin—Whitewater’s College of Business and Economics Dean, John Chenoweth.