{"id":44161,"date":"2018-07-30T20:32:49","date_gmt":"2018-07-30T20:32:49","guid":{"rendered":"http:\/\/www.augsburg.edu\/mba\/?p=44161"},"modified":"2024-05-07T19:18:13","modified_gmt":"2024-05-07T19:18:13","slug":"what-are-the-different-types-of-mba-programs","status":"publish","type":"post","link":"https:\/\/www.augsburg.edu\/mba\/what-are-the-different-types-of-mba-programs\/","title":{"rendered":"What Are the Different Types of MBA Programs?"},"content":{"rendered":"
It\u2019s one thing to decide the time is right to get an MBA. It\u2019s another thing entirely when you see how many different types of MBA programs there are to choose from.<\/p>\n
A Master of Business Administration is a valuable degree with a variety of ways it can be earned. How do you decide between different MBA types? There are several ways to analyze the different programs.<\/p>\n
For starters, you\u2019ll find different MBA types based on location:<\/p>\n
Then there are various MBA types based on the program\u2019s timeline:<\/p>\n
Note what types of MBA programs sound good to you. Your first impression may help guide you in the right direction; however, there are many other factors to evaluate first.<\/p>\n
Why do people want an MBA degree<\/a>? Why do they choose to apply for different types of MBA degrees? One 2018 survey revealed most people want an MBA to:<\/p>\n You may want to be promoted in your current organization or prepare for a new opportunity at a different company. An MBA degree is a powerful way to demonstrate you have the experience and knowledge to excel in a new position.<\/p>\n An MBA is worth it<\/a> for people with undergraduate degrees who want to be positioned to work in leadership roles or start a new business. Different MBA types provide a solid foundation of business and leadership knowledge and hands-on opportunities for experiential learning with experienced professors and other students seeking different MBA degrees.<\/p>\n Common types of MBA programs you may have heard about are the following:<\/p>\n Full-time MBAs include a full course load, similar to undergraduate degrees.<\/p>\n Part-time MBAs typically evening classes so students can maintain a consistent day job.<\/p>\n An online MBA allows students to make their own schedule while studying from home.<\/p>\n An executive MBA is a good fit for experienced professionals who want to earn a credential reflecting their business credibility and advance their career.<\/p>\n A global MBA is suitable for high-capacity, experienced professionals studying with diverse students and faculty to gain a worldwide perspective for their work in business and leadership.<\/p>\n One of the biggest differences among these MBA types is the amount of time they take and how busy MBA students are during each of the semesters.<\/p>\n In general, it takes from one to four academic years to earn an MBA, depending on the different types of MBA programs. Full-time MBA programs may only take one year. A part-time program could be more than three or four years of courses. An executive MBA or online MBA program will likely take about two years, requiring your focus on top of your normal work and life schedule. An accelerated evening MBA program, however, is an innovative, strong choice for working professionals who are driven to complete the degree in two years. Online, some MBA programs allow you to choose how heavy or light your course load is each semester, but that will also determine how long it takes you to complete the degree\u2014the fewer courses you take each semester, the more semesters you\u2019ll have to take courses.<\/p>\n In addition to time and location, another way to analyze the variety of MBA types is by examining the concentrations of different MBA degrees. Some MBA concentrations you might find include:<\/p>\n When it comes to choosing a concentration for different MBA degrees, three of these stand out because they represent a large number of jobs in a wide variety of industries:<\/p>\n An entrepreneurship concentration MBA includes studies on ideation, concept development, situation analysis, identifying core competencies, prototyping, and market introduction. MBA entrepreneurship students learn to collaborate and iterate on market opportunities and potential solutions, and turn a business idea into reality by assessing risks before new developing products or services.<\/p>\n Finance concentration MBA types focus on the financial aspects of business like accounting, investing theory and practice, portfolio management, and international finance.<\/p>\n A leadership concentration covers the foundations of leading an organization, acting as a strategic leader, integrating leadership theory and practice responsibly, and gaining cultural competence to be an effective leader in international settings.<\/p>\n In a survey<\/a> of people who hold different MBA degrees, the data suggests that those who work in management earn around $146,000 annually by the middle of their career (about 15 years or more after graduation).<\/p>\n It\u2019s not enough just to have an MBA; the concentration types of MBA degrees matter, too. MBA-holders<\/a> who focused on finance, economics, accounting, entrepreneurship, leadership, marketing, and management can potentially double their income\u2014another reason to consider a concentration in entrepreneurship, finance, or leadership.<\/p>\n MBA graduates who majored in strategy enjoy early career earnings of $96,200 annually, while the same for human resources majors was only $48,400. Mid-career, those annual salaries average $149,000 and $79,200 respectively.<\/p>\n In 91成人\u2019s MBA program<\/a>, students gain knowledge in applying course materials by studying in a cohort with fellow MBA students and exceptional faculty<\/a>. This type of MBA program keeps a driven pace toward graduation, while also allowing for students to balance their own work and life demands.<\/p>\n Get the Augsburg MBA experience at the location that works best for you: Minneapolis or Rochester, Minnesota.<\/p>\n At Augsburg\u2019s Minneapolis campus<\/a>, small class sizes and classes that meet one evening per week at night are designed for working professionals like you, which means a complete degree is possible within 26 months.<\/p>\n At the Rochester location (no longer available), the Augsburg MBA can also be completed in less than 26 months. Classes meet one evening per week. Apply your degree to your work sooner and make professional progress in your company and industry.<\/p>\n What else can you expect from Augsburg\u2019s MBA program?<\/p>\n To set yourself apart from other MBA students and distinguish your professional value even more, consider a dual degree: an MBA\/MAL dual degree<\/a> or an MSW\/MBA dual degree<\/a>.<\/p>\n The best types of MBA degrees are from highly rated schools and experienced faculty and staff who\u2019ve helped many students earn their degree and enhance their career.<\/p>\n All students\u2014including you\u2014have to decide what\u2019s most important for themselves:<\/p>\n Have questions about MBA types and which is best for your career? Explore 91成人\u2019s MBA program<\/a> or contact mbainfo@augsburg.edu<\/a> to talk with MBA professionals today.<\/p>\n","protected":false},"excerpt":{"rendered":" It\u2019s one thing to decide the time is right to get an MBA. It\u2019s another thing entirely when you see …<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-44161","post","type-post","status-publish","format-standard","hentry","category-mba"],"_links":{"self":[{"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/posts\/44161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/comments?post=44161"}],"version-history":[{"count":7,"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/posts\/44161\/revisions"}],"predecessor-version":[{"id":45169,"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/posts\/44161\/revisions\/45169"}],"wp:attachment":[{"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/media?parent=44161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/categories?post=44161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.augsburg.edu\/mba\/wp-json\/wp\/v2\/tags?post=44161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
What are the different types of MBA programs?<\/h2>\n
Full-time MBA<\/h3>\n
Part-time MBA<\/h3>\n
Online MBA<\/h3>\n
Executive MBA (aka EMBA)<\/h3>\n
Global MBA<\/h3>\n
How long does it take to get a degree in different MBA programs?<\/h2>\n
3 essential types of MBA program concentrations<\/h2>\n
\n
\n
How much money can you make with different MBA types?<\/h2>\n
Earning an Master of Business Administration degree increases your chances of getting a higher salary at your current company and help position you for opportunities with other companies.<\/p>\nBenefits of the MBA program at 91成人<\/h2>\n
\n
Which type of MBA program is best for you?<\/h2>\n
\n