The 50 programs were selected for their affordability out of more than 500 MBA programs offered online. The market has responded to the recent demand for online MBA programs with an explosion in the number of programs offered 100 percent online. All of the programs ranked by Best Value MBA are offered by regionally accredited public or private nonprofit universities.
William Woods offers an MBA in Entrepreneurial Leadership, which is accredited by the Accreditation Council for Business Schools and Programs (ACBSP), as well as the Higher Learning Commission. It is designed to fit the schedules of working professionals and can be completed in two years or less through online courses.
“In 2013 we envisioned creating an online program that would provide flexibility for the working professional, yet still require the same rigor and depth of learning as our traditional, face-to-face MBA program,” said Lee Bailey, dean of graduate business at William Woods.
“We focused on the quality of the program first, then flexibility and affordability. We have been very pleased with the results of our efforts. Our students are reporting a rapid increase in professional advancement once they have obtained an MBA from WWU. The fact that we can provide this opportunity for them at a very reasonable cost increases our satisfaction, as well as the students’.”
Amanda Aufdenberg, who is scheduled to complete her MBA in December, originally chose William Woods because of recommendations from family members and co-workers. The affordability and length of the program (18 months) appealed to her. She decided to try the online program, but wasn’t sure she would like it at first, as she had no experience with online courses. But now she says it has been a great experience.
“As a working mother of two young children, the online program has given me the flexibility I need to balance my work and home life, while still being able to reach my educational goals,” she said. “Another benefit is the ability to network with others from various parts of the country and world! These differing perspectives have allowed me to broaden my knowledge and view information in ways I wouldn’t have necessarily considered before.”
The MBA at William Woods requires the completion of 10 three-credit courses, including a final applied case project where students complete a written business plan and defend it in an oral presentation to an outside panel of business experts. The entrepreneurial leadership concentration features courses like entrepreneurship/marketing planning and development, management systems, managerial ethics, and human resources and organizational behavior.
Best Value MBA’s mission is to provide assistance in selecting the best MBA program that offers both high value and affordability by providing rankings of affordable business schools and lists of MBA programs by state. It provides students with information about where they can earn an MBA, how to pay for it and what kinds of career options might be available to them upon graduation.
And the MBA program at William Woods is proving successful: 94 percent of its graduates are working or earning an advanced degree.