State University of New York Online MBA
- Introduction
- Courses Offered
- Duration
- Cost Structure
- Admission Requirements
- Class Profile
- GMAT Requirement and Scores
- How to Apply?
- Application Deadlines
- Acceptance Rate
- Accreditation Status
- Reviews and Ranking
- FAQs
- Contact Information
- Related Posts
Introduction
- The State University of New York in Oswego is one of the most prestigious names in the world on online MBAs. Ranked as the number one online program in New York, it is the perfect opportunity for any professionals seeking to advance their career without putting it on hold.
- An MBA in Health Services Administration is also available alongside a general MBA program. Both of these programs are offered online in their entirety. As such, you have the freedom to choose your study workload and schedule based on your specific needs.
- The faculty at SUNY Oswego comprises of expert teachers with an average experience of 16 years in teaching online. As such, this is on top of the list for anyone looking to earn their Master’s without stepping foot on the campus.
List of Courses Offered
With a collective 18 credit hours, you have to complete the following classes for 3 credit hours each:
- MBA 511 – Management Information Systems
- MBA 513 – Managerial Finance
- MBA 514 – Marketing Management
- MBA 515 – Management Science I
- MBA 516 – International Business
- MBA 517 – Organization and Management: A Global Perspective
There are also four advanced courses available. You only have to select one of the following for 3 credit hours:
- MBA 543 – Investment Analysis and Portfolio Management
- MBA 545 – Futures and Options Markets
- MBA 547 – Management of Financial Institutions
- MBA 568 – Project Management
The program also offers you the choice to select four courses from the following list of electives (3 credit hours each):
- MBA 525 – Cyber Law
- MBA 530 – Employment Law
- MBA 538 – Personnel Management
- MBA 543 – Investment Analysis and Portfolio Management
- MBA 544 – Enterprise Risk Management
- MBA 545 – Futures and Options Markets
- MBA 546 – Life & Health Insurance and Employee Benefits
- MBA 547 – Management of Financial Institutions
- MBA 548 – Loss Control, Contracting, and Housing
- MBA 549 – Commercial Insurance
- MBA 560 – Supply Chain Management
- MBA 567 – Technology Innovation Management
- MBA 568 – Project Management
- MBA 583 – Sales Leadership and Strategy
- MBA 584 – New Product Design and Development
- MBA 585 – Brand Experience Management
- MBA 590 – Special Topics
- MBA 598 – Application Project
- MBA 691 – MBA Professional Internship
At last, you have to do a capstone project called Management Policy (MBA 550) in your final semester. This is worth 3 credit hours. In total, you need to complete 36 credit hours.
Duration
- With a requirement of 36 credit hours, the program can be completed as early as 2 years. However, you can take anywhere from 2 to 7 years to earn your degree. This flexibility in study load is at the heart of any online program. The graduation rate for this program stands at 71%.
Cost Structure
- There is a fee of $613 per credit hour for in-state candidates. This brings the total of the program at $22,050. However, out-of-state students are charged a much higher amount of $1,016 per credit hour. This works out to $36,585 for the entire duration of the program.
- As many as 53% of successful applicants were sponsored by their employers. Financial aid is available for this online program. Unlike most universities, the State University of New York provides financial assistance to international students as well.
Eligibility Requirement
- Academic background: Candidates are expected to hold a bachelor’s degree of 4 years from any regionally accredited institution. GPA of 3.2 and above is preferred. The average GPA is 3.4.
- Work Experience: Business-related work experience is required for this university with some exceptions. Average work experience of applicants is 88 months.
- Language: A minimum score of 560 on the paper-based and 83 on the internet-based TOEFL is needed.
Class Profile and Potential Salary
- The average age of new entrants is 34 years.
- Men account for 59.6% of the student population whereas women account for only 40.4%.
- Veterans and active service members made up 14% of the student population.
- The average graduate of this program finds employment within the first year. The average base salary is $71,000 annually.
GMAT Requirements and Scores
- You will have to pass the GMAT exam for your application to be considered.
- Application with a GMAT score report of older than five years will not be entertained.
- You must pass the exam with a score of 500 or more.
- For information on GMAT waiver, please contact the admissions department.
Application Procedures
- SUNY Oswego has two different forms of application. As an international candidate, we recommend you apply through the online SUNY application. It also allows you to apply to several SUNY colleges with one application only.
- There is a $50 application fee. This is a non-refundable fee that has to be paid in advance. You have the option to make the payment online through your debit card among other possibilities.
- All candidates are encouraged to gather everything necessary and only then fill out the application. It is a simple and straightforward process. You can apply through the official at https://www.oswego.edu/admissions/apply-now.
Application Timeline
It is crucial that you send your application as early as possible. Following are the options available:
- Fall Semester: The last date for submission is the 15th of January.
- Spring Semester: The last date for submission is the 15th of October.
Any applications sent after these dates might still be considered. However, it depends on the availability of space.
Acceptance Rate
- About 108 candidates applied for this program in 2017. Out of these, 84 applicants were accepted. This brings the acceptance rate to 78%, which is higher than most programs. As such, this is a relatively easier program to get into.
Accreditation
- All of SUNY Oswego MBA programs are accredited through The Association to Advance Collegiate Schools of Business (AACSB).
- This organization sets the standards for business school accreditation and has served as the academic regulator of university business programs since 1916.
- Less than 5% of business schools worldwide have earned AACSB accreditation.
Reviews and Ranking
- Ranked No. 20 in Best Online MBA Programs list by USNews.com
- The Oswego online MBA program has earned as many as 35 national rankings.
Frequently Asked Questions
Q 1: When does the program start?
Ans: There are multiple entry points available. You can learn more about this in the “Application Timeline.”
Q 2: How many courses will I have to take?
Ans: You will have to complete six core classes, one advanced course, four electives, and a final capstone project. These are collectively worth 36 credit hours. However, if you fail to meet the criteria for the waiver of foundational courses, you will have to complete an additional 21 credit hours worth of coursework.
Q 3: Are there any benefits for veterans?
Ans: Veterans only have to pay the in-state tuition fee.
Q 4: Is there financial aid for international students?
Ans: The State University of New York offers financial aid options for international candidates as well.
Q 5: Is there a minimum GMAT score requirement?
Ans: Applications from candidates with a lower than 500 GMAT score will not be considered.
If you have any questions, please ask us here – we answer every single query of students.
Contact Details
- SUNY Oswego
- 7060 Route 104
- Oswego, New York 13126-3599
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Image Credit: Ian Schneider