Top 40 Most Affordable MBA Programs for Engineers Online for 2021

mba for engineers
Great Value Colleges - Top Online Degrees-01

Engineers interested in advancing their careers are well-served by an online MBA program in engineering.

While a few colleges and universities offer specific online Master of Business Administration programs designed especially for those students with an undergraduate degree in engineering, most offer more general MBA programs with concentration options many engineers find appealing. In this ranking, we explore the top 40 online engineering MBAs.

Tuition

  • Net Price Below $10,000: 4 points
  • Net Price Below $15,000: 3 points
  • Net Price Below $18,000: 2 points
  • Net Price Below $20,000: 1 point

Student to Faculty Ratio

  • Less than 20:1: 1 point
  • Less than 15: 1: 2 points
  • Less than 10: 1: 3 points

Return on Investment (ROI) According to Payscale.com

  • Top 500: 1 point
  • Top 300: 2 points
  • Top 150: 3 points

Flexibility of the Program (asynchronous course delivery, hybrid options, part-time/full-time schedule, etc. ) – 1 point per item

Online Student Support Network (faculty mentors/advisors, etc.)— 1 point per item

Concentrations/Specializations – 1 point per item (5-pt cap)

Accreditation (School-Wide and Program-Specific) – 1 point per item

“Wow” Factor – 1 point

Ranking the Best Online MBA Programs for Engineers

To develop this ranking of the top online MBAs for engineers, our editors began with an initial pool of 150 colleges and universities offering this credential. To narrow the pool, we applied a tuition filter, eliminating any programs with tuition costs of $30,000 or more per year. Applying an additional ROI filter eliminated schools with an ROI ranking of over 500, according to Payscale.com. Finally, we applied the rating and ranking methodology above, using additional information from College Navigator as well as each program’s dedicated website.

#40—Ohio University

Athens, Ohio

MBA Online

Website
Student to Faculty Ratio: 15:1
Points: 9

Ohio University

Ohio University offers a robust online MBA program for engineers. The program features 8 distinct concentrations, many of which are relevant for professional engineers. Concentrations include Accounting, Finance, Operations and Supply Chain Management, Business Analytics, and Business Venturing and Entrepreneurship, for instance. Students will take core MBA classes like Management of Operations, Strategic Marketing and Supply Chain Management, Strategic Leadership, and Organizational Behavior and Human Resource Management. Coursework is delivered entirely online, and no GMAT is required for admission. Ohio University is accredited by the Higher Learning Commission to award this MBA online. The program itself is also accredited by the Association to Advance Collegiate Schools of Business (AACSB). U.S. News & World Report has named the school a top national university. It has also ranked the school’s online MBA program among the top 100 in the nation.
Net Price: $22,521

#39— Auburn University

Auburn, Alabama

Online MBA

Website
Student to Faculty Ratio: 20:1
Points: 10

auburn-university

Auburn University offers its online MBA for engineers through its esteemed Raymond J. Harbert College of Business. The core curriculum for the program consists of nine classes, including Strategic Analysis and the Competitive Environment, Operations Excellence, Marketing and Consumer Theory, and Financial Analysis. Students will also take four elective classes such as Advanced Business Data Communications, Current Issues in Information Systems, Security and Information Assurance, and Multinational Financial Management. An Integrated Business Project & Case Analysis is also required as a final capstone. Students can earn their online MBA in two and a half years. Dual degree options in engineering are available. Auburn University is institutionally accredited by the SACSCC to award this online graduate business administration degree. U.S. News & World Report has placed the university among the top 60 public schools in the country. Its online MBA program has been listed in the publication’s top 10 online MBA programs.
Net Price: $23,562

#38— California State University–Stanislaus

Turlock, California

MBA Online

Website
Student to Faculty Ratio: 22:1
Points: 10

The online MBA for engineers from California State University- Stanislaus features an optional concentration in Finance. Students enrolled in the program will take core courses such as Computer Information Systems, Managerial Finance, Seminar in Quality and Productivity Management, and Project Management Methods and Integrated Strategic Processes, for example. Elective offerings include Security Analysis and Portfolio Management, International Financial Markets, and International Marketing. A comprehensive exam is also required prior to graduation. Stanislaus State is accredited by the WASC College and University Commission to award this online MBA. U.S. News & World Report has recognized the school as a top 50 regional university in the West and a top 10 public school. Its online MBA program has also been praised by the publication as one of the leading online MBAs in the nation.
Net Price: $7,069

#37— Colorado State University

Fort Collins, Colorado

MBA Online

Website
Student to Faculty Ratio: 14:1
Points: 11

The online engineering MBA from Colorado State University features an optional specialization in Marketing Data Analytics. The program is designed to be completed within two years, and students will take two courses at a time. Sample core courses comprising the curriculum for the program include Managerial Accounting, Financial Reporting and Analysis, Business Economics for the World Market, and Marketing Management. Students will also choose from elective classes like Quantitative Marketing Research Methods, Fundamentals of International Finance, Corporate Risk Management, and more. An MBA capstone course is also required. Colorado State University is accredited by the Higher Learning Commission to award this online graduate business administration degree. U.S. News & World Report has ranked the school among the top 75 public schools in the country. Its online MBA program was also awarded the #51 spot in the publications list of best online MBA programs.
Net Price: $16,793

#36— West Virginia University

Morgantown, Virginia

Master of Business Administration Online

Website
Student to Faculty Ratio: 20:1
Points: 11

The 48-credit hour online MBA for engineers from West Virginia University features three distinct areas of emphasis: Energy Finance, Forensic Accounting and Fraud Examination, and Integrated Marketing Communications. Core MBA courses include Decision Analysis for Executives, Marketing Strategy, Corporate Finance, and Financial Statement Analysis. Elective offerings include Personal Financial Planning, Operations and Supply Chain Management, International Business, and Negotiation Strategy. The program is technically classified as a hybrid offering due to the three required on-campus residencies. WVU is accredited by the Higher Learning Commission to award this online MBA, and the program itself holds elite accreditation from AACSB International. U.S. News & World Report has ranked the program among the top 50 online MBA programs in the country.
Net Price: $12,743

#35—Old Dominion University

Norfolk, Virginia

Online Master’s in Business Administration

Website
Student to Faculty Ratio: 17:1
Points: 11

Old Dominion University

The online engineering MBA from Old Dominion University is offered through the school’s Strome College of Business. The program requires a minimum of 40 credit hours and includes core courses such as International Business Issues, Managerial Economics, Managing in Contemporary Organizations, and Introduction to Information Management. Students will also choose from elective offerings like Strategic Cost Management, Financial Auditing, Six Sigma, and Effective Business Writing. Four add-on certificates are also available, including one in Business Analytics and Big Data. The program is accelerated in nature, and courses are eight weeks in length. ODU is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online graduate business degree. U.S. News & World Report has ranked the school’s online MBA program among the top 50 in the nation.
Net Price: $16,681

#34—University of Wisconsin

Madison, Wisconsin

Master’s Business Administration Online

Website
Student to Faculty Ratio: 17:1
Points: 11

university of wisconsin madison top colleges

The University of Wisconsin offers a fully online MBA for engineers through its MBA Consortium. The program requires just 30 credit hours beyond the bachelor’s degree and can be completed within 2 ½ to 3 years. Sample course titles comprising the core curriculum for the program include Strategic Competitiveness in a Global Environment, Leading a Diverse and Dynamic Workforce, and Developing New Products and Services, for instance. Students will also choose from elective classes like Project Management, Organizational Leadership and Change, E-Business Fundamentals for Managers, and more. The University of Wisconsin is accredited by the Higher Learning Commission to award this online degree. U.S. News & World Report has ranked its online MBA programs among the top 10 nationwide and the top 5 for veterans.
Net Price: $16,103

#33— La Salle University

Philadelphia, Pennsylvania

Online Master’s Business Administration

Website
Student to Faculty Ratio: 12:1
Points: 12

Top 10 Colleges for an Online Degree in Philadelphia, PA

La Salle University offers a flexible and accelerated online engineer’s MBA. The program can be completed in as few as 14 months and features concentrations in Accounting, Business Systems and Analytics, Finance, Management, and Marketing. The AACSB-accredited curriculum requires a minimum of 33 credit hours and includes core courses such as Managerial Accounting for Decision Making, Business Analytics for Informed and Effective Decision Making, and Creating Customers Through Effective Marketing Management. Depending on the concentration they select, students may also take elective classes like Financial Instruments and Markets, Managing Cultural Diversity in the Workplace, Data Warehousing and Data Mining, and Leadership Theory and Practice. An integrative capstone course in Competitive Strategy is also required. La Salle University is accredited by the Middle States Commission on Higher Education to award the online Master of Business Administration. U.S. News & World Report has ranked the school a top 40 regional universities in the North and a top 30 best value school.
Net Price: $25,059

#32—University of Kansas

Lawrence, Kansas

Online Master’s Business Administration

Website
Student to Faculty Ratio: 17:1
Points: 12

The online engineer’s MBA from the University of Kansas features three relevant specializations: Finance, Management and Leadership, and Marketing. The 42-credit hour curriculum for the program includes core courses such as Business Law and Ethics, Managerial Economics, Operations and Supply Chain Management, and Strategic Business. Depending on their chosen focus area, students may also take elective classes like Consumer Behavior, Financial Institutions and Markets, Strategic Organizational Design and Change Management, and Corporate Finance. A graduate Foundations of Business certificate is also available. The University of Kansas is accredited by the Higher Learning Commission to award this online MBA. U.S. News & World Report has placed the university in its top 100 rankings for best public schools and best value schools. The publication has also ranked this online MBA among the 30 best in the nation.
Net Price: $19,195

#31—University of Florida

Gainesville, Florida

Online Master’s Business Administration

Website
Student to Faculty Ratio: 17:1
Points: 12

university-of-florida

The online MBA for engineers from the University of Florida is offered through the school’s acclaimed Warrington College of Business. Students can choose from a fully online track and complete their degree within 20 months or a one-year hybrid track. Sample course titles include Entrepreneurship/Venture Finance, Global Strategic Management, Brand Management, and Economics of Business Decisions. The Southern Association of Colleges and Schools Commission on Colleges has accredited the university to award this online graduate business degree. U.S. News & World Report has placed UF among the best 10 public schools in the nation. The publication has also ranked the school’s online MBA programs among the top 5 nationwide.

Net Price: $10,457

#30— University of Houston-Victoria

Victoria, Texas

Global MBA Online

Website
Student to Faculty Ratio: 18:1
Points: 12

The online MBA in engineering from the University of Houston-Victoria is a Global MBA program featuring seven concentration options: General Business, Finance, Human Resources Management, Management, Supply Chain Management, Healthcare Management, and Marketing. Core courses required for the program include Financial Statement Analysis, Legal Environment of Business, Operations and Supply Chain Management, and Managerial Economics, for example. The degree can be earned mostly online, but some on-campus elements may be required. The University of Houston- Victoria is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award the global MBA online. The program itself is also accredited by the AACSB International. U.S. News & World Report has ranked the school among the best regional universities in the West and identified this online MBA offering as one of the top in the nation.
Net Price: $10,063

#29— University of Washington

Seattle, Washington

Online Master of Business Administration

School Profile
Student to Faculty Ratio: 20:1
Points: 12

The University of Washington offers a comprehensive, 62-credit hour online MBA for engineers through its Foster School of Business. The program is technically considered a hybrid offering since it does require quarterly visits to campus. Core courses comprising the program’s curriculum include Data Analysis, Microeconomics for Managers, Strategic Marketing Management, and Operations Management, for instance. Elective classes include Foundations of Entrepreneurship, Product Management, Negotiations, and Leading Organizational Change. The program is designed to be completed within two years. The Northwest Commission on Colleges and Universities has accredited the University of Washington to award this online MBA. U.S. News & World Report has recognized the school as a top national university and one of the 50 most innovative schools in the country. It has also lauded the school’s online MBA program as among the best in the nation.
Net Price: $10,692

#28— Lawrence Technological University

Southfield, Michigan

Online MBA

Website
Student to Faculty Ratio: 11:1
Points: 13

The fully online engineer’s MBA from Lawrence Technological University features four concentration options: Project Management, Cybersecurity, Finance, and Information Technology. The 36-credit hour curriculum for the program includes core courses such as Operations and Supply Chain Management, Enterprise Information Technology, Financial Management, and Global Leadership. Depending on the concentration they pursue, students will also take elective classes like Project Risk and Quality Management, Enterprise Network Infrastructure, Financial Markets and Institutions, and Managing Outsourced Projects. A capstone course in Global Strategic Management is also required. The program is designed to be completed within two years. Lawrence Tech is accredited by the Higher Learning Commission to award this online MBA, and the program itself also holds separate accreditation from the AACSB. U.S. News & World Report has ranked the institution among the top 65 regional universities in the Midwest and the top 75 best value schools. Its online MBA program has also been recognized by the publication.
Net Price: $32,406

#27— Missouri University of Science & Technology

Rolla, Missouri

Master of Business Administration Online

Website
Student to Faculty Ratio: 18:1
Points: 13

machine learning missouri S&T

The online engineer’s MBA from Missouri University of Science & Technology is a 36-credit hour offering meant to be pursued on a part-time basis. Most students enrolled in this program will earn their degree within 2-3 years. Core courses comprising the program’s curriculum include Supply Chain and Project Management; Artificial Intelligence, Robotics, and Information Systems Management; Managerial Finance; and International Marketing. Course delivery is primarily asynchronous for maximum flexibility. Missouri University of Science & Technology is accredited by the Higher Learning Commission to award this online MBA, and the program itself is AACSB-accredited. The university has been praised by U.S. News & World Report as one of the top 100 public schools in the country. The publication has also called the school’s online MBA program one of the top 40 nationwide.
Net Price: $13,954

#26— Ferris State University

Big Rapids, Michigan

Online Master of Business Administration

Website
Student to Faculty Ratio: 16:1
Points: 13

The online MBA for engineers from Ferris State University is a versatile program featuring seven distinct concentrations. Of particular interest to engineers include the concentration options in Project Management, Lean Systems and Leadership, Design and Innovation Management, and Supply Chain Management and Lean Logistics. Core requirements include course titles such as Corporate Finance, Global Business Management, Information Systems Strategy, and Leadership and Organizational Change, for example. Thirty-nine total credit hours are required for the degree. FSU is accredited by the Higher Learning Commission to award this online Master of Business Administration. The university has been ranked one of the top 25 public schools in the nation, and its online MBA programs have been recognized as some of the best in the country as well.
Net Price: $13,097

#25— Regis University

Denver, Colorado

Online Master’s in Business Administration

Website
Student to Faculty Ratio: 12:1
Points: 14

Regis University offers an online MBA in engineering from its College of Business and Economics. The program features five optional concentrations: Accounting, Finance, Health Industry Leadership, Marketing, and Strategic Management. The curriculum for the program requires a minimum of 39 credit hours of coursework, including core classes like Strategic Human Resource Management, Foundations of Organizational Behavior, Developing Effective Organizations, and Finance for Managers. Students can complete the degree 100% online, and there are six convenient start dates per year. Regis University is accredited by the Higher Learning Commission to award this online graduate degree in business administration. U.S. News & World Report has ranked Regis University among the top 30 regional universities in the West and the top 35 best value schools in the nation.
Net Price: $27,565

#24— University of New Hampshire

Durham, New Hampshire

Online Master of Business Administration

Website
Student to Faculty Ratio: 17:1
Points: 14

The online Master of Business Administration for engineers from the University of New Hampshire is offered through the school’s Peter T. Paul College of Business and Economics. The program is offered fully online or via a hybrid format. Specializations are available in Finance, Information Systems and Business Analytics, Marketing, Global Business, Growth & Innovation, and Hospitality Management. Despite their choice of concentration, all students enrolled in the program will take core courses like Economics of Competition, Data Driven Decisions, Managing Operations, and Leveraging Technology for Competitive Advantage. The 48-credit hour program is designed to be completed within two years, but students can take as long as three and a half if their schedule demands a more relaxed pace. The University of New Hampshire is accredited by the New England Commission of Higher Education to award this engineering MBA online. U.S. News & World Report has ranked the university among the top 100 best value schools nationwide and the top 50 public schools. Its online MBA program has also received a top 55 ranking from the publication.
Net Price: $24,056

#23—University of Massachusetts-Amherst

Amherst, Massachusetts

MBA Online

Website
Student to Faculty Ratio: 19:1
Points: 14

The online MBA for engineers from the University of Massachusetts-Amherst is offered through the school’s distinguished Isenberg School of Management. Students can choose to complete degree requirements entirely online or via a hybrid model. The program offers six specialization options, including in-demand concentrations for engineers like Finance, Marketing, Entrepreneurship, and Business Analytics, for instance. Core courses required for the degree include Business Data Analysis and Statistical Methods, Economic Analysis for Managers, Corporate Finance, and Organizational Strategy, for example. Elective classes will depend on the concentration chosen but may include Negotiation Theory & Practice, Data Management for Business Leaders, and Special Topics in Project Management. The university is accredited by the New England Commission of Higher Education to award the online MBA. U.S. News & World Report has ranked the school among the top 100 national universities and best value schools in the country. The publication has also placed the school’s online MBA program among the top 20 in the nation and the top 10 for veterans.
Net Price: $22,927

#22— Brenau University

Gainesville, Georgia

Master of Business Administration Online

Website
Student to Faculty Ratio: 10:1
Points: 14

Top 10 Colleges for an Online Degree in Atlanta, GA

The online MBA in engineering from Brenau University is offered entirely online. More than a dozen different concentrations are available to students, including Finance, Business Analytics, Strategic Thinking and Innovation, and Project Management, for example. Depending on the course load they desire, students can choose to complete their degree within 1-2 years. Core courses required for this MBA include Strategic Management and Policy, Budgeting for Managers, Integrated Business Operations, and Marketing Management. Brenau University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online degree in business administration. Its online MBA is also separately accredited by the Accreditation Council for Business Schools and Programs (ACBSP). U.S. News & World Report has ranked the school among the top 50 regional universities in the South and the top 50 best value schools. Its online MBA program has also been recognized by the publication.
Net Price: $21,438

#21— New Jersey Institute of Technology

Newark, New Jersey

Online MBA

Website
Student to Faculty Ratio: 16:1
Points: 14

New Jersey Institute of Technology offers its online engineering MBA from its Martin Tuchman School of Management. The offering features three distinct specializations: Management Information Systems, Finance, and Marketing. Core courses required for the degree include New Venture Management, Managerial Economics, Corporate Finance, and Decision Analysis, for example. Depending on the specialization track they pursue, students will also take additional elective classes like Sales & Distribution Channels Management, Decision Support Systems for Managers, and Investment Analysis and Portfolio Theory. Two graduate certificate tracks are also available: Management Essentials and Management of Technology. The 48-credit hour curriculum is delivered over the course of eight 15-week terms. NJIT is accredited by the Middle States Commission on Higher Education to award this online MBA for engineers. U.S. News & World Report has placed the school among the top 50 public schools in the nation and the top 100 best value schools. The publication has also lauded this online MBA as one of the leading online MBA programs nationwide.
Net Price: $18,359

#20— Washington State University

Pullman, Washington

Online Master Business Administration

Website
Student to Faculty Ratio: 16:1
Points: 14

Washington State University

The online engineer’s MBA from Washington State University is offered through the school’s Carson College of Business. In addition to a general MBA track, the program features four concentration options: Marketing, Finance, Hospitality Business Management, and International Business. The degree requires 36 credit hours beyond the bachelor’s degree and includes core classes like Administrative Control, Information Systems Analysis, Marketing Management, and Financial Management. A capstone project and final presentation are also required prior to graduation. Students can earn their degree within just 22-29 months. WSU is accredited by the Northwest Commission on Colleges and Universities to award this online Master of Business Administration. U.S. News & World Report has ranked the school among the top 75 public schools and the top 100 best value schools in the nation. The publication also placed the school’s online MBA program among the 15 best in the country.
Net Price: $18,002

#19— The Citadel

Charleston, South Carolina

MBA Online

Website
Student to Faculty Ratio: 12:1
Points: 14

business insider

The Citadel offers its online engineer’s MBA through the Tommy & Victoria Baker School of Business. This AACSB-accredited offering is available entirely online and emphasizes real-world experience. In lieu of concentrations, the program features two graduate certificates: Technical Project Management and Leadership. Core courses for the 36-credit hour program include Accounting for Executives, Information Technology Management, Ethical Leadership and Organization Behavior, and Managing Innovation. Students will also take two elective classes. A capstone course is also required prior to graduation. The Citadel is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online Master of Business Administration. U.S. News & World Report has awarded the school top 10 rankings in its list of top regional universities in the South, most innovative schools, and top public schools. It has also placed the school’s online MBA program among the 100 best in the nation.
Net Price: $17,723

#18— James Madison University

Harrisonburg, Virginia

Master of Business Administration Online

Website
Student to Faculty Ratio: 16:1
Points: 14

james-madison-university

The online engineering MBA from James Madison University features three concentrations: Executive Leadership, Information Security, and Innovation. The program is considered a hybrid offering as some in-person class meetings are required. Online coursework is delivered through a blend of asynchronous and synchronous elements. Completion times vary, but most students earn their online MBAs from JMU within 28 months. Sample course titles include Supply Chain Management and Logistics, Financial Statement Analysis, Global Business Leadership, and Leadership Through Big Data Analytics. James Madison University is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online Master of Business Administration degree, and the program itself is separately accredited by the AACSB. U.S. News & World Report has named the school one of the top 10 regional universities in the South. The publication has also placed its online MBA program among the top 35 in the nation.
Net Price: $18,708

#17—University of North Dakota

Grand Forks, North Dakota

Master’s in Business Administration Online

Website
Student to Faculty Ratio: 17:1
Points: 14

University of North Dakota

The University of North Dakota’s College of Business and Public Administration offers an online engineering MBA that is fully accredited by the AACSB. The program features synchronous course delivery, making it less flexible but more interactive than many of the other MBA programs in our ranking. Some campus visits may also be required. In addition to a general track, the program features four concentration options: Social Entrepreneurship, International Business, Government & Business, and Business Analytics. Required courses include Quantitative Analysis for Management Decisions, Financial Reporting and Decision Making, Strategic Supply Chain Management, and Managerial Finance, for example. The University of North Dakota holds institutional accreditation from the Higher Learning Commission. Its online MBA program is ranked #31 in the nation by U.S. News & World Report. The school has also been named a top national university.
Net Price: $16,654

#16— University of Maryland— College Park

College Park, Maryland

Online MBA

Website
Student to Faculty Ratio: 18:1
Points: 15

The online MBA for engineers from the University of Maryland- College Park is offered through the university’s Robert H. Smith School of Business. Five specialization options are available to enrolled students: Accounting, Finance, Information Systems and Business Analytics, Marketing, and Supply Chain Management. Alternatively, students may opt for a general track. The 54-credit hour curriculum includes foundation courses such as Strategic Information Systems, Introduction to Financial Accounting, The Global Economic Environment, and Decision Modeling. Two residencies are required for the program, including a capstone residency consisting of an integrative business simulation. The University of Maryland- College Park is accredited by the Middle States Commission on Higher Education to award this online MBA. The university has been named one of the top 30 public schools in the nation by U.S. News & World Report. The publication has also ranked the school’s online MBA program among the top 10 nationwide.
Net Price: $17,723

#15— University of Nebraska—Lincoln

Lincoln, Nebraska

Online MBA

Website
Student to Faculty Ratio: 17:1
Points: 15

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The versatile online engineering MBA from the University of Nebraska- Lincoln features five specialization options: Business Analytics, Finance, International Business, Marketing, and Supply Chain Management. Graduate certificates in Business Analytics and Supply Chain Management are also available. Core classes include Supply Chain Management, Managerial Marketing, Business Analytics, and Applied Organizational Behavior, for example. Elective offerings include Multinational Financial Analysis, Capital Markets and Financial Institutions, International Finance, and Introductory Econometrics. The University of Nebraska- Lincoln is regionally accredited by the Higher Learning Commission to award this online Master of Business Administration. It has been ranked among the top 100 best value schools and the top 65 public schools in the nation by the U.S. News & World Report. This online MBA was also awarded the publication’s #26 spot for its ranking of top online MBA programs.
Net Price: $17,093

#14—University of Arizona

Tucson, Arizona

Master’s Business Administration Online

Website
Student to Faculty Ratio: 15:1
Points: 15

The University of Arizona offers a dynamic online MBA for engineers through its distinguished Eller College of Management. The program features a highly accelerated track, enabling students to complete their degree within just 14 months. Students enrolled in the program can choose from among six different concentration options, including Privacy and Security, Finance, Entrepreneurship, and more. Core courses required for the degree include Economics for Managers, Survey of Finance as Analyst, Leadership in Organizations, and Business Strategy, for instance. Elective classes will vary based on concentration but could include Macroeconomics & Forecasting, Customer Focused Entrepreneurship, and Global Context of Business. The University of Arizona is accredited by the Higher Learning Commission to award this online MBA. U.S. News & World Report has placed the school among the 100 best value schools in the nation. The publication has also ranked the school’s online MBA program among the top 25 such programs nationwide.
Net Price: $16,580

#13— Tennessee Technological University

Cookeville, Tennessee

Master of Business Administration Online

Website
Student to Faculty Ratio: 18:1
Points: 15

Top 10 Colleges for an Online Degree in Nashville, TN

The versatile online MBA for engineers from Tennessee Technological University features seven concentrations, including Management Information Systems, Human Resource Management, Risk Management, Finance, and more. Core courses include Organizational Leadership, Analytical Decision Making, Strategic Marketing, and Management of Information Technology, for instance. Depending on the concentration they choose, students may take additional elective classes like Operations and Supply Chain Management, Corporate Risk Management, International Marketing, and Data Resources Management, for example. The program is offered entirely online, and a fast track option is available. Tennessee Tech is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this graduate business degree online. U.S. News & World Report has ranked the program among the top 100 online MBA programs in the nation.
Net Price: $16,634

#12—Arizona State University

Tempe, Arizona

Online Master of Business Administration

Website
Student to Faculty Ratio: 20:1
Points: 15

The online MBA for engineers from Arizona State University is offered through the distinguished W.P. Carey School of Business. Delivered completely online, the 49-credit hour curriculum for the program consists of 11 core courses and 6 elective classes. A comprehensive culminating experience in Strategic Management is also required. Areas of concentration include Business Analytics, Consulting, Supply Chain Management, Finance, Marketing, and more. Arizona State University is accredited by the Higher Learning Commission to award this online MBA. The MBA program is also separately accredited by the AACSB. U.S. News & World Report has ranked the school the #1 most innovative school in the country. It has also placed the school’s business programs among the best in the nation, especially in the areas of quantitative analysis, supply chain management and logistics, and management.
Net Price: $14,081

#11— University of Massachusetts-Lowell

Lowell, Massachusetts

Master’s of Business Administration Online

Website
Student to Faculty Ratio: 17:1
Points: 16

University of Massachusetts-Lowell

The University of Massachusetts-Lowell offers its online MBA for engineers through its AACSB-accredited Manning School of Business. The program is offered entirely online through a flexible, asynchronous format, and students can take advantage of three convenient start dates per year. Eight concentration options are available, including Accounting, International Business, Information Technology, Marketing, and Finance, for example. Core MBA classes comprising the program’s curriculum include Operations Management, Corporate Finance, Managing Organizational Change, and Customers and Markets. Depending on their chosen specialization, students will also take elective courses such as International Financial Management, Workforce Analytics, and Marketing Research. GMAT scores are required for admission, but waivers are available to eligible students. The University of Massachusetts-Lowell is accredited by the New England Commission of Higher Education to award this online MBA. U.S. News & World Report has recognized the university as a top public school and has ranked its online MBA program among the top 55 in the country.
Net Price: $18,183

#10—University of Utah

Salt Lake City, Utah

Online MBA

Website
Student to Faculty Ratio: 17:1
Points: 16

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The University of Utah offers its online engineering MBA through its David Eccles School of Business. The program offers nearly a dozen concentration options, including in-demand specializations like Engineering, Business Analytics, Entertainment Arts and Engineering, and Finance. Some of these concentration tracks result in dual MBA/MS degrees. The majority of the curriculum for the program is made up of core MBA courses, including Financial Management, Business Ethics, Managerial Accounting, Business Strategy, and more. Students will also select elective classes like Strategy and Technology, Profiles of Leadership, Data Warehousing, and more. The Northwest Commission on Colleges and Universities has accredited the university to award this online MBA for engineers. U.S. News & World Report has also ranked the University of Utah’s online MBA program among the top 20 in the nation. The school itself was placed among the publication’s top 60 public schools nationwide.
Net Price: $13,739

#9—Indiana University

Bloomington, Indiana

Master of Business Administration Online

Website
Student to Faculty Ratio: 16:1
Points: 17

Indiana University offers its online engineer’s MBA from its prestigious Kelley School of Business. Seven distinct majors are available, including Strategic Management, Entrepreneurship & Innovation, Global Supply Chain Management, and Finance, for example. The curriculum for the program includes 18 credit hours of Integrated Core courses, 12 credit hours of major classes, and 15 credit hours of open electives. Sample course titles include Data Predictive Analytics and Business Strategy, Increasing Your Effectiveness in the Workplace, Managing Accounting Information for Decision Making, and Business Econometrics. Dual degree options are also available. A one-week in-residence requirement must be fulfilled prior to graduation. Indiana University is accredited by the Higher Learning Commission to award this online MBA degree. U.S. News & World Report has ranked the school among the top 50 public schools in the nation. The publication has also lauded the school’s business program as one of the best in the nation, particularly in the areas of quantitative analysis, marketing, and production/operations management.
Net Price: $13,036

#8— Rutgers University-Camden

Camden, New Jersey

MBA Online

Website
Student to Faculty Ratio: 15:1
Points: 17

Rutgers University- Camden offers an engineer’s MBA online with flexible scheduling options. The program can be pursued on a part-time or full-time basis, and there are three convenient start dates per year. The university’s MBA specializations have been dubbed Focused Learning Modules, or FLMs, and include Business Analytics, Digital Marketing, Investments and Private Wealth Management, and Strategic Leadership. In addition to core MBA classes, students will take courses in their chosen specialization, such as Data Management and Business Intelligence, Social Media and Mobile Marketing, Investments and Portfolio Management, and Conflict Resolution and Negotiation, for instance. An optional global opportunity. Rutgers University- Camden has received top rankings from U.S. News & World Report as a leading regional university in the North, a best value school, and a top public school. Its online MBA program has also been awarded the publication’s #51 spot.
Net Price: $13,844

#7—University of Texas-Dallas

Richardson, Texas

Master’s Business Administration Online

Website
Student to Faculty Ratio: 25:1
Points: 17

The University of Texas-Dallas offers its online MBA for engineers through its renowned Naveen Jindal School of Management. The program is extremely versatile, enabling students to earn their degrees within 16-72 months. Students can also choose from 15 different concentrations, including those desirable to engineers like Finance, Information Technology Management, Innovation & Entrepreneurship, Marketing, Supply Chain Management, Systems Engineering Management, and more. Dual MBA/MS programs are also available. The 53-credit hour curriculum is comprised of core courses such as Statistics and Data Analysis, Global Business, Organizational Behavior, and Strategic Management, for example. The University of Texas-Dallas is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online MBA. The program itself also holds programmatic accreditation by the AACSB. U.S. News & World Report has ranked the university among the top 100 public schools in the country. It has also ranked its online MBA programs and online graduate business programs among the 10 best in the nation.
Net Price: $10,455

#6—University of Delaware

Newark, Delaware

MBA Online

Website
Student to Faculty Ratio: 15:1
Points: 18

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The University of Delaware offers an online MBA for engineers from the Alfred Lerner College of Business & Economics. The program is convenient and accelerated. Courses are offered entirely online, and students can earn their degrees within just 16 months. GMAT waivers are also available. Enrolled students will choose from five distinct areas of emphasis: Business Analytics, Finance, Healthcare Management, Strategic Leadership, and International Business. Students can also combine concentrations or create their own. Core courses include Fundamentals of Analytics, Economic Analysis for Business Policy, Operations Management and Management Science, and more. The University of Delaware is accredited by the Northwest Commission on Higher Education to award this online graduate management degree. U.S. News & World Report has ranked the school among the top 40 public schools in the nation. It has also called the school’s online MBA program one of the best 30 in the country.
Net Price: $17,539

#5— SUNY Polytechnic Institute

Utica, New York

MBA Online

Website
Student to Faculty Ratio: 13:1
Points: 19

The online engineering MBA from SUNY Polytechnic Institute is a Master of Business Administration program in Technology Management featuring five concentration options: Accounting and Finance, Health Informatics, Human Resource Management, Marketing Management, and Business Management. Core courses required for the degree include Strategic Planning, Innovation and Entrepreneurship, Managing New Product Design and Development, and Project Management, for example. Depending upon the concentration they choose, students will take additional classes like Financial Statement Analysis and Reporting, Services Marketing Management, and Labor Relations. A fast-track option is available. SUNY Polytechnic Institute is accredited by the Middle States Commission on Higher Education to award this online MBA. U.S. News & World Report has ranked the school among the top 20 regional universities in the North and the top 15 best value schools. The publication has also placed this online MBA program among the 100 best in the nation.
Net Price: $14,420

#4— Florida International University

Miami, Florida

PMBA Online

Website
Student to Faculty Ratio: 27:1
Points: 19

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Florida International University offers a professional online MBA program for engineers designed to be completed within just 18 months. The offering is extremely versatile, featuring 3 different scheduling tracks and 8 distinct specializations. Specializations include Marketing Channel Strategy, Finance, Entrepreneurship and Innovation, Business Data Analytics, and more. Students can opt to pursue a maximum of two specializations. Core courses required for the degree include Management of Information Systems, Business Process & Operations Analysis, Marketing Management in the Global Environment, and more. The program features an optional two-day residency in Miami. FIU is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online business degree at the graduate level. U.S. News & World Report has lauded the university as a top 100 public school and ranked its online MBA #51 in the nation.
Net Price: $9,888

#3— North Carolina State University

Raleigh, North Carolina

Master of Business Administration Online

Website
Student to Faculty Ratio: 14:1
Points: 20

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Known as the Jenkins MBA, the online MBA for engineers from North Carolina State University can be pursued entirely online or via a hybrid learning format. Course delivery is a blend of asynchronous and synchronous elements and requires 40 credit hours of coursework. The program is accelerated and can be completed within 21 months. Students can choose one of five areas of emphasis: Innovation Management, Supply Chain Management, Marketing Management, Financial Management, and Technology Entrepreneurship and Commercialization. They will also take core classes like Economics and Managerial Accounting, Statistics and Marketing, and Economics and Managerial Accounting. NC State is institutionally accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this online MBA in engineering. U.S. News & World Report has placed the school among the top 100 national universities in the United States. It has also ranked this online MBA program among the top 20 nationwide.
Net Price: $14,958

#2—University of North Carolina- Chapel Hill

Chapel Hill, North Carolina

Online Master of Business Administration

School Profile

Student to Faculty Ratio: 13:1
Points: 20

Top 10 Colleges For An Online Degree Near Raleigh, North Carolina

The University of North Carolina-Chapel Hill offers its online MBA for engineers from its renowned Kenan-Flagler Business School. The program is flexible in terms of scheduling and can be completed within 18-36 months. The 62-credit hour curriculum is customizable as well and features five concentrations: Data Analytics and Decision Making, Entrepreneurship, Finance, Marketing, and Strategy and Consulting. Core courses include Analytical Tools, Business Strategy, Financial Accounting, and Operations, for instance. Students will also choose from elective classes like Business Modeling, Consulting Skills and Frameworks, Corporate Strategy, and Data Analytics. UNC-Chapel Hill is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award this degree. U.S. News & World Report has ranked the school among the top 10 best value schools in the nation and has also recognized its business programs as the very best in the country, granting it top 10 placements in the areas of entrepreneurship, management, marketing, and production/operation management.
Net Price: $10,085

#1—Purdue University Global

West Lafayette, Indiana

Online MBA

Website
Student to Faculty Ratio: 24:1
Points: 21

Purdue University’s online Master of Business Administration offering is an attractive MBA for engineers because of the various concentrations offered, including Project Management, Information Technology, Marketing, Finance, and more. The degree requires a minimum of 60 credit hours beyond the bachelor’s degree, and classes are six weeks in length. An accelerated option is also available. Sample courses comprising the curriculum for the program include Managing the Value Chain; Designing, Improving, and Implementing Processes; Business Analytics; and Leadership Strategies for a Changing World. Multiple start dates make it easy for students to begin work on their MBA. The Higher Learning Commission has accredited the university to award this graduate business degree online. The program itself also holds special accreditation from the Accreditation Council for Business Schools and Programs (ACBSP). U.S. News & World Report has called Purdue a top national university and a best value school. It has also ranked its business programs among the best in the nation, especially in the areas of production/operation management, quantitative analysis, and supply chain management and logistics.
Net Price: $12,117

About Master of Business Administration (MBA) Programs

Overview:

Traditionally designed for students with an undergraduate degree in business, Master of Business Administration (MBA) programs provide students with an advanced education in business concepts. General MBA programs are broad and address sub-topics in business such as finance, marketing, human resources, accounting, business ethics, and more. As we’ll discuss later, MBA programs are also customizable, though, and often include opportunities for students to specialize in a specific area of business.

MBA programs are popular options for professionals who want to advance their careers and earn higher salaries. They often pave the way for C-level office suites and six-figure salaries.

Today, the opportunity to pursue an MBA is not limited to those students with a bachelor’s degree in business, however. Students with undergraduate backgrounds in a variety of different disciplines are often welcomed by graduate business schools. That includes those with an undergraduate credential in engineering.

MBA Programs for Engineers

Engineers tend to have a very specific skillset. They’re great at solving problems and crunching numbers. But when it comes to navigating the business world? Well, let’s just say this isn’t something taught in engineering school.

That’s where an MBA for engineers comes in. These academic offerings bridge the gap for engineers who want to take on more advanced leadership roles in their current careers as well as for those who want to make a career pivot into management.

Are All MBA Programs Suitable for Engineers?

Not all MBA programs are the same, though. Engineers will want to look for Master of Business Administration programs with opportunities to specialize in an area related to their specific interests and career goals. Often, their best options will include concentrations like Project Management, Finance, and Supply Chain Management, for instance.

Admissions Requirements for MBAs in Engineering

Getting into an MBA program can be difficult for many people, but most established engineers have what it takes. Admission criteria will vary from school to school, but these are some of the common requirements:

  • Undergraduate academic transcripts
  • Minimum undergraduate GPA
  • GMAT scores
  • Letters of recommendation

An interview process may also be required for some engineering MBA programs.

About Online MBAs for Engineers

Increasingly, MBA programs for engineers are being offered online. These offerings are appealing to working engineers because they allow them to keep their current jobs in engineering while simultaneously pursuing the MBA credential at their convenience. These programs are often designed with working professionals in mind and offer flexible scheduling options.

Types of Online Engineering MBAs

Online MBAs aren’t identical in nature, however. In fact, they can vary significantly depending on the college or university offering the credential.

Hybrid vs Fully Online MBAs for Engineers

Some online MBAs for engineers require campus visits in addition to distance learning components. These offerings are dubbed hybrid programs. While they are clearly the less convenient option, they do offer students more in terms of engagement and opportunities for interaction with classmates and professors. Some hybrid MBA programs require more campus attendance than others; some may require a single visit while others may require weekly class meetings, for example.

Asynchronous vs Synchronous Engineer’s MBAs Online

Online MBA programs for engineers may also vary in terms of course delivery. There are two basic types of content delivery methods: asynchronous and synchronous. Asynchronous programs are the more flexible of the two types, allowing students to complete coursework at their own pace. Though there may be deadlines for assignments in asynchronous programs, students are not required to login at specific times. These types of programs usually feature pre-recorded lectures and discussion boards.

On the other hand, synchronous online engineering MBAs do require that students log in at pre-determined times to view streaming lectures or participate in live chat sessions, for instance. These types of programs are less flexible but are more interactive and perhaps more engaging as well.

Some online MBAs in engineering marry asynchronous and synchronous learning models and offer students the best of both worlds, so to speak.

Online MBAs in Engineering Curriculum

When researching the curricula for online MBA programs, you’ll find that there is no standard curriculum that defines an MBA program for engineers. While some schools offer similar courses, no two plans of study are exactly the same. Even so, most programs are comprised of the same four elements: foundational courses, core MBA classes, concentration-specific courses, and a capstone project or class.

Engineers enrolled in an online MBA program may find themselves taking foundational courses in business that introduce them to the basics of business concepts. These courses are specifically designed for those MBA students without an academic background in the business field. Foundational courses are often waived for students with an undergraduate degree in business administration or a related field.

The bulk of the MBA for engineers program is comprised of core MBA courses. These classes provide intermediate to advanced instruction in various areas of business such as accounting, human resources, management, marketing, economics, and more.

Most online engineer’s MBAs culminate in a capstone element. This part of the curriculum gives students an opportunity to process the knowledge they’ve gained over the course of the MBA program and apply it in a meaningful way. Example capstone elements include professional portfolios, research projects, workshops, exams, papers, etc.

MBA Concentrations for Engineers

Engineers may pursue a general MBA degree program if they wish, or they may opt to customize their plan of study by choosing a concentration. Some concentrations are more adaptable to engineering careers than others. We’ll look at a few of these popular MBA concentration options for engineers in detail.

Keep in mind that these are not your only options for an MBA specialization, though. You may find other concentrations more specific to your academic interests and career goals.

Finance

An MBA in Finance prepares students to handle complex fiscal scenarios within the engineering industry. Courses will include a combination of foundational business courses and concentration-specific classes in finance. Specific course titles may include:

  • Corporate Financial Management
  • Short-Term Financial Management
  • Investment Analysis
  • General Theory in Corporate Finance

Project Management

An online MBA for engineers with a concentration in project management will prepare engineers to lead and oversee projects within the engineering industry. Topics will span performance measurement, quality control, risk management, and more. Students can expect to take classes like those listed below:

  • Global Project Management
  • Process and Operations Management
  • Project Planning and Scheduling
  • Project Management Tools

Supply Chain Management/Operations

Engineers who pursue an MBA program with a focus in Supply Chain Management and Operations will learn best practices for keeping goods and services flowing through the supply chain efficiently. The curriculum for such a program will emphasize topics like inventory management, quality control, waste reduction, and more. Specific course titles may include the following:

  • Designing and Managing Supply Chains
  • Lean Production and Quality Control
  • Total Quality Management
  • Logistics

Management Information Systems

Computer engineers, in particular, may be interested in an MBA with a concentration in Management Information Systems. Engineers with this type of credential are qualified to manage the computer networks and information databases that affect the operations of an organization. The curriculum for a program of this kind will likely include courses such as:

  • Systems Analysis, Planning, and Control
  • Networking Concepts and Applications
  • Strategic Management of Information Technology
  • Enterprise Resource Planning

Frequently-Asked Questions About Online Engineering MBAs

Q: How much will my online engineering MBA cost?

A: It depends on the program you choose. Tuition costs can vary significantly from school to school. Some programs will cost you less than $10,000 a year while some are over $40,000 annually.

Q: Can I study part-time while enrolled in an online MBA program?

A: Yes. Many online MBA programs offer both part-time and full-time options.

Q: How long will it take to earn an MBA?

A: The typical completion time for an MBA program is 2 years, but your individual completion time may be shorter or longer depending on the program and your schedule. Accelerated tracks are available that will enable you to complete your MBA in less time. Conversely, if your schedule demands it, you can choose to earn your degree at a more relaxed pace.

Q: Is the GMAT required for an online engineering MBA?

A: It depends on the school. Some programs require GMAT scores for admission while others will waive this requirement.

Career Questions for Online Engineering MBA Programs

Q: Are engineers with an MBA in demand?

A: Yes. The Bureau of Labor Statistics (BLS) reports that jobs for engineering managers are growing about as fast as average. Though not required for a position in engineering management, an MBA gives applicants a competitive edge when applying for leadership roles.

Q: How much money will I make with an MBA in engineering?

A: It’s impossible to predict an exact salary without knowing your employer, years of experience, and job title. However, data collected by the Bureau of Labor Statistics (BLS) can give you a general idea. As of May 2018, the BLS reports the median annual wage for architectural and engineering managers to be $140,760.

Q: What professional organizations are available for engineering MBA students and graduates?

A: Professional organizations exist to provide support and advocacy for individuals employed in a given industry. For engineers with an MBA, relevant organizations include:

  • Association of Technology, Management, and Applied Engineering
  • National Academy of Engineering
  • National Society of Professional Engineers
  • Society of Women Engineers

These are just a few examples. There are dozens of different organizations and associations to consider as an engineer with an MBA.

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