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Carroll University Launches 100% Online MBA to Meet Workforce Demand

Published Date: 02-01-2021

Carroll University Launches 100% Online MBA to Meet Workforce Demand
100% online program focuses on students’ individual needs and partnerships

[WAUKESHA, WI, February, 2021] ⎯ Carroll University launched its newly online MBA program, which had its first session in fall 2020, to meet the ever-changing needs of both career professionals and employers in the Great Lakes region. The 100% online program is designed to give students a competitive edge, allowing them to target their learning to their current or aspirational field by selecting one of three in-demand specializations: MBA in Business Analytics, MBA in Business Management, or MBA in Healthcare Administration.

Recent research indicates corporate recruiters continue to value job candidates with MBA degrees and will continue to do so into the foreseeable future. The 2020 Graduate Management Admission Council (GMAC) Corporate Recruiters Survey found that 89% of 232 employers surveyed planned to hire MBA graduates in 2021. Furthermore, current Bureau of Labor Statistics (BLS) data project a 4% growth in demand for top executives through 2029. That translates into an average 218,300 job openings for top executives each year.

“Corporate recruiters search out individuals with MBAs because they know these are the job candidates who have perfected in-demand general business and leadership skills,” says Hamid Akbari, Ph.D., dean of the School of Business at Carroll University. “Our MBA students gain a broad perspective that enables them to understand how all aspects of a business interlock to create success. They are learning the latest business strategies to apply in a global environment, and they are learning high-level communication, collaboration and time management. There’s no question about whether an MBA continues to be relevant.”

Carroll University developed an 100% online version of its MBA program to enhance the delivery of high-quality courses to working professionals. “Online MBA programs are better  suited to today’s MBA students,” says Akbari. “We have tailored this program to their needs. Now, as the COVID-19 pandemic continues to impact people and the job market worldwide, having access to Carroll’s high-quality MBA program is even more critical for our prospective MBA students.”In addition to offering a 100% online MBA program, Carroll University has made other updates compatible with its online format. One has been to increase the focus on each student’s career aspirations. The MBA curriculum serves a wide range of interests by offering finance, accounting, management, leadership and more. Faculty continually solicit input from MBA students to ensure they meet student needs and incorporate projects relevant both to today’s workplace and students’ specific goals.

Partnerships are another component of the MBA program that promotes individualized learning. Faculty ensure that partnerships support online students’ projects in a way that advances individual learning objectives. They encourage students to form partnerships with industry mentors from a variety of settings, which could include their current workplace or one to which they aspire. The school’s Analytics and Business Intelligence Consortium (ABIC) – an alliance of industry and academia created to develop solutions for business partners – is a rich source for MBA students looking for executive mentors. 

New additions to Carroll’s online MBA program will roll out soon. Beginning in 2021, the School of Business will offer stackable MBA certificates, allowing a student to earn a full MBA through obtaining multiple certificates. The school also launched a leadership development and networking office in the second 2020 fall semester, which  offers MBA students online leadership development workshops and networking opportunities.

All these recent enhancements to Carroll’s MBA program will enable students to be competitive in a market in which the demand for an MBA is strong. 

“For working professionals who want to use their time during the COVID-19 pandemic to position themselves as an ideal candidate for a top-level executive position, a Carroll online MBA is a perfect option,” Akbari said. 

“At $700 per credit and $23,000 total cost, Carroll University is one of Wisconsin’s most affordable graduate schools,” he added. “The university maintains high ratings from Money Magazine, Forbes, US. News & World Report and is accredited by the Higher Learning Commission.

Carroll University was incorporated in 1846, making it Wisconsin’s first four-year institution of higher learning. Situated in Waukesha, the independent, co-educational comprehensive university is grounded in the liberal arts tradition, and offers more than 95 areas of study, including its 100% online Master in Business Administration (MBA) degree program. For more information, please visit online.carrollu.edu

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