What Can You Do With an MBA in Louisiana
In our fast-paced, always-connected world, finding the time to pursue a traditional classroom graduate degree is becoming increasingly difficult. When you apply to an online master’s of business administration (MBA), you can complete your education at your own pace and on your own schedule. There is great career value in attending graduate school, and more people are deciding that an online MBA is the best way for them to earn this degree.
Why Consider an Online MBA?
In the world of online education, geographic boundaries are erased. Why, then, should you search for an MBA in Louisiana rather than another state? If you are a Louisiana resident, you will likely find in-state tuition rates are lower for you than if you enrolled in MBA courses offered in another state. You may also find MBA concentrations offered that focus on major industries in the state, and are not found as frequently in the offerings of other online MBA programs. Universities tailor their MBAs to the needs of a state’s major industries and employers. Finally, one type of online program, the hybrid program, often includes requirements for students to visit the campus once or twice during their studies in order to help students meet and network with their class and faculty. These events often have an academic side, so students get a little learning in, but they are also designed to support alumni relations, social interaction, and a better general experience.
Percentage of Students Enrolled By Distance Education
Typical MBA Concentrations
Rather than obtain a standard MBA, many students are drawn to specific MBA concentrations. While some MBA concentrations are common, others are more only found in states where that particular concentration is in high demand. Options for specialization are broad including law and legal studies, managerial economics, business analytics, policy management, info systems, and more. Below are some options Louisiana offers access to.
The main focus of this degree in on those planning to start their own business, enter a family business, or work with startups may want to consider an MBA concentration in entrepreneurship. The program will provide the opportunity to study issues such as economics, franchising, commercial leasing, licensing, and investing.
- Hospitality Management
The hospitality industry encompasses tourism, theme parks, lodging, transportation, event planning, restaurants, and a host of other enterprises. The bottom line in this field is customer satisfaction. An MBA concentration in hospitality management gives the professional in this industry a competitive advantage. The content focuses on business development, marketing, and customer relations. Graduates can find management jobs nationally and globally.
Those interested in a career in advertising, digital marketing, product innovation, business to business marketing, branding, and similar objectives may want to earn an MBA with a marketing concentration. Master the management skills necessary for a marketing career along with the ability to execute strategic marketing decisions.
- Project Management
A project management MBA concentration allows graduates to start and oversee projects throughout the project’s full life cycle. Project management concentrations include an emphasis on leadership, supply chain management, finance and risk analysis, along with communication. Project managers are found in all types of industries, especially information technology, engineering, and construction. They may work in an office or on-site.
- Sales Leadership
An MBA concentration in sales leadership focuses not only on knowledge of selling, but on leadership skill development. Those graduating with such an MBA concentration are prepared for positions in marketing, management, and all other types of sales leadership careers.
Accreditation in Louisiana
Look for online MBA programs in Louisiana accredited by the Association to Advance Collegiate Schools of Business (AACSB). This accreditation is considered the premier standard for business schools by corporate employers.
The Southern Association of Colleges and Schools Commission on Colleges (SACSCC) is the regional accrediting body for institutions of higher education in Louisiana. SACSCC accreditation is recognized by the Council on Higher Education and the US Department of Education.
Career and Job Outlook for MBA Graduates
|Company||Industry||Headquarters City||Number of Employees|
|Century Link||Telecommunications||West Monroe||39,800|
|Ochsner Health System||Healthcare||Jefferson||19,000|
|Odyssea Marine||Gas utility||Larose||17,000|
|Entergy||Electrical equipment||New Orleans||13,513|
Average Degree Salary Ranges Potential
- Earnings with Associates - $44,322
- Earnings with Bachelors - $50,851
- Earnings with MBA - $77,708
Careers for Louisiana MBA Grads
- Director of Business Development
Employees in this position seek out new business opportunities for their companies. This involves increasing current business and pursuing new possibilities for the company.
- Operations Manager
This role involves the oversight of a company’s service or goods production. This includes hiring staff, overseeing inventory and determining purchasing requirements. As the title indicates, the person in this position is responsible for the overall operation of a particular company or division within the organizational structure.
- Supply Chain Analyst
This job involves collecting and analyzing data to improve a company’s supply chain management. Ensuring supply meets an organization’s demand is critical to the health of any enterprise.
- Corporate Strategy Consultant
This position involves working at the highest level of a company and creating strategies pivotal to the success of the business. The person holding such a position must have excellent analytic skills.
- Business Analyst
It is the task of the business analyst to facilitate solutions for corporate issues. Expect to work closely with the top business decision makers within an organization.
- Project Controls Specialist
In this job, the person manages all information and workflow within a company’s project management infrastructure. Deep familiarity with IT and human resources is necessary.
Best MBA Programs in Louisiana
If you are looking to attend a college program for a Master of Business Administration in Louisiana, we have put together a list for the best MBA programs to help you choose. We use a specific formula to help us rank the best MBA programs using: retention rate, graduation rate, cost of tuition, graduates salary, student to faculty ratio, hybrid and online MBA options and concentrations options. Our goal is to help future MBA students find the best school that fits their academic needs and goals.
|Tulane University of Louisiana||Location
New Orleans, LA
|Northwestern State University of Louisiana||Location
|University of Louisiana-Lafayette||Location
|Nicholls State University||Location
|University of New Orleans||Location
New Orleans, LA
|Louisiana Tech University||Location
|Loyola University New Orleans||Location
New Orleans, LA
|Southeastern Louisiana University||Location
|Grambling State University||Location
|University of Louisiana-Monroe||Location
|Centenary College of Louisiana||Location
|University of Holy Cross||Location
New Orleans, LA
|Louisiana State University-Shreveport||Location
|Louisiana State University||Location
Baton Rouge, LA
How to Choose & FAQ's
Choosing an online MBA program is one of the most important educational decisions you will ever make. That’s why it is essential that you perform your due diligence and find the program that best suits your goals and needs. Make a list of what you must have in such a program, followed by what you would prefer but is not absolutely necessary.
- Time Required to Receive an MBA
Some people may complete their online MBA in 18 months or less after admission. Others take two years or more of study to receive their MBA. You should know whether your job, family life, or other demands on your calendar will limit the number of hours you have for academics. If you face serious time strictures, look for an MBA with a more flexible schedule and a longer time frame for completion. If you want to receive your MBA as soon as possible, a fast-tracked program should suit your needs. Just make sure you are realistic about how much time you have available for coursework and related studying. You don’t want to sign up for a full-time program and end up having to skip classes but still pay tuition and fees for a class you don’t have time to finish or do well in. Those programs which are asynchronous, giving you access to classes whenever you have time to get on the website, are the best option.
- The MBA and Your Job
How does an online MBA program fit in with your current job and future employment prospects? If you intend to move up within your company after receiving your MBA, that may prove a different decision than if you want an MBA to pursue wider job opportunities outside of your present employment. Of course, if you want to go in a different direction than your current job, your company may not reimburse your tuition. For example, if you work in health care administration but want to pursue an MBA concentration in human resource management, your company may decline tuition reimbursement. With an MBA, however, you must think in the long-term and consider carefully your ultimate goals. You must also consider the balance between your work requirements and your MBA.
Some online Louisiana MBA programs offer concentrations not found in many other universities. If you intend to pursue an executive career in the hospitality industry, or manage a family business, you will find these less common concentrations offered by a state school. Concentrations in more traditional areas, such as finance or human resource management, are also offered. When considering specialization, research the backgrounds of the faculty members teaching the classes. You want to know their exact level of expertise in the area in which they specialize. You also want to ensure that, as an online student, you are receiving the same quality of instructors as your classroom counterparts.
Whether you receive reimbursement for your MBA tuition from your employer or are footing the bill yourself, cost is always a concern. If your employer pays for your MBA, that will likely affect your decision. If you are paying the bill yourself, see if you might qualify for financial aid from the university. If you still have undergraduate school loans you are paying off, that is another factor in the tuition decision. So is a mortgage, car loans, and credit card debt. If you must go into considerable debt for your MBA, it is critical that you weigh all the pros and cons. When making your decision, calculate your potential future salary versus your debt ratio. One advantage of an online MBA is that most students do not give up their jobs while studying for their degree, so that can put you ahead of the game financially.
- School Ranking
It is usually true that the higher ranked the university, the more expensive the tuition. Do you spend more money for a more prestigious degree, which may open more doors for you in the future? Are you seeking the type of employer who will definitely prefer the better known school? A degree from a well-known business school may advance your career in ways that you will not receive from a lesser known institution. You want the best return on your educational investment possible. The good news is that online MBA programs at more highly ranked schools are generally more affordable than their in-person counterpartsand some allow you to adjust the number of credits you take each semester for an even more flexible program.
- Networking Opportunities
MBA schools offer networking opportunities for professionals, but while such networking is available via an online MBA, it differs from those taking face-to-face classes. Ask yourself how important networking is to your future career. If you plan to enter a different field, the amount of networking needed for your chosen profession is often more extensive than if you plan to stay with your company or remain in your current industry. You want to know exactly what sort of resources are available for online MBA candidates versus those who are attending classes on campus. You certainly do not want a school that appears to consider the online MBA student as less desirable than traditional students. If the university does not offer the same career services, recruitment possibilities, and other opportunities to its online MBA contingent, it is wise to look elsewhere for your education.