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Online Master's Degree in Business Administration from Drexel
Master of Business Administration
The Drexel LeBow Online MBA is a highly customizable degree designed to equip you with problem-solving and leadership skills that can be applied across a variety of different industries.
Our flexible curriculum allows you to master the fundamentals of business, identify leadership strengths, and think strategically using quantitative data, all while maintaining your busy schedule and earning your degree on your own time. Drexel University’s world-renowned faculty will help you develop and utilize these skills immediately in the workplace.
The program can be completed in as little as 18 months or up to five years.
MBA Degree Online Program Features
- Highly Customizable
Customize your learning experience to your interests and career goals through concentrations and graduate minors. - Hands-On Experience
Take advantage of multiple residency options and networking opportunities, as well as case simulations and portfolio projects - Well Respected
The Drexel LeBow Online MBA is ranked as one of the top 20 online MBA programs in the world by Financial Times and is AACSB-accredited
Available Concentrations
The Drexel LeBow Online MBA offers five concentrations online that allow you to tailor your learning experience to your personal education goals. Adding a concentration to your degree allows you to diversify and enhance your skillset. Available concentrations include:
- Business Analytics
- Finance
- General Business
- Marketing
- Customized Concentration
Dual Degree Options
The LeBow College of Business offers the ability to share up to 15 credits across degrees, maximizing both your time and financial investment. You can declare your second degree once you have completed at least 15 credits of your initial degree. Any of the online business degrees can be paired as a dual degree such as MBA/MS Business Analytics, MBA/MS Sport Management, or MS Business Analytics/MS Sport Management, with shared coursework usually through elective credits.
What is an MBA?
For those looking to enter the corporate world or advance their business careers, a master’s in business administration is one of the most versatile degrees you can pursue. At Drexel, you’ll take classes like “Corporate Financial Management” and “Business Problem Solving,” as well as more specialized courses of your choosing, to help you prepare for any challenges you may face. Whether you’re looking to stand out in a competitive job market or land a big promotion, having an MBA shows that you have the background and the leadership skills to get the job done.
Earning an MBA can have a big effect on your career. According to a 2017 survey conducted by the Graduate Management Admission Council, MBA graduates are more likely to hold senior- and executive-level positions, supervisory positions and roles with budgetary authority than graduates with non-MBA business degrees.
Why Choose an Online MBA Program?
For working professionals, it can be difficult to balance courses with a career and personal life. Pursuing an MBA online allows you to have the best of both worlds: you can continue to work full-time while completing your coursework on your own schedule. The skills you learn in class can be directly and immediately applicable to your work, and with professors and classmates from around the world, you’ll be able to network globally without ever leaving home.
How Can I Afford an MBA?
While the cost of earning a master’s degree can be daunting, Drexel’s LeBow College of Business is committed to making it affordable for qualified applicants. Please visit the tuition page to learn more about scholarship opportunities available for this program as well as other cost savings programs.
How Long Does It Take to Earn a Master’s Degree in Business Administration?
Drexel’s online MBA is designed for maximum flexibility to fit your needs and your lifestyle. An accelerated option allows you to complete the degree in as little as 18 months. If you need a little more time, you can take up to five years to earn an online MBA through Drexel.
What are the Requirements and Skills Needed for a Drexel LeBow Online MBA?
Drexel’s online MBA is a robust, adaptable degree that can support your career development in multiple fields. While a business background might be helpful, it’s not required. You can pursue an MBA with any undergraduate degree. It’s much more important to have good teamwork and communication skills, a knack for problem solving, the ability to think and plan strategically, and the desire to lead an organization to success.
What have our students done with their MBAs?
With a Drexel MBA, you’ll have the business savvy and leadership skills to pursue a new venture or work your way up the corporate ladder. Alumni of the LeBow MBA program have credited their degrees with helping advance their careers, and the online format made it easy for them to take classes while still working full time.
Discover more MBA success stories
Master’s in Business Administration Salary Expectations
Salaries for MBA graduates can vary by position and company. According to the Financial Time’s 2018 Online MBA rankings, however, graduates of the Drexel online MBA reported an average salary of $121,250 within three years of graduation.
Drexel's 10,000 Hours Podcast: Carl Francis
When a crisis happens at your business, who you gonna call? Carl Francis has spent his career handling scandals and threatening situations for organizations. He gives his Drexel students (and us) insight on handling high-stakes issues.
Related Programs
Drexel University offers a variety of Graduate Minors that can be added to any master's degree program.
State restrictions may apply to some programs.
Curriculum
This program is organized into four 10-week quarters per year (as opposed to the traditional two semester system) which means you can take more courses in a shorter time period. One semester credit is equivalent to 1.5 quarter credits.
| Required Courses | ||
| ACCT 510 | Essentials of Financial Reporting | 2.0 |
| BLAW 510 | Analyzing Legal Options in Decision-Making | 1.0 |
| ECON 601 | Managerial Economics | 3.0 |
| FIN 601 | Corporate Financial Management | 3.0 |
| MGMT 510 | Business Problem Solving | 3.0 |
| MGMT 520 | Strategy Analysis | 2.0 |
| MGMT 530 | Managing and Leading the Total Enterprise | 2.0 |
| MGMT 770 | MBA Capstone | 2.0 |
| MKTG 510 | Marketing Strategy | 2.0 |
| ORGB 511 | Leading in Dynamic Environments: A Personal, Relational, and Strategic Approach | 3.0 |
| ORGB 520 | Leading High-Performance Teams | 1.0 |
| POM 510 | Operations and Supply Chain Management | 2.0 |
| STAT 510 | Introduction to Statistics for Business Analytics | 2.0 |
| Experiential Requirement (Select One) | 3.0 | |
|
BUSN 615
|
Graduate Internship | |
|
INTB 790
|
International Business Seminar & Residency | |
|
MGMT 680
|
Leading for Innovation | |
|
MGMT 715
|
Business Consulting Projects | |
|
MIS 652
|
Business Agility and IT |
|
|
ORGB 640
|
Negotiations for Leaders | |
|
TAX 715
|
Tax Experiential Learning | |
| Concentration Courses | 9.0 | |
| Free Electives | 9.0 | |
| Total Credits | 49.0 | |
Admissions Criteria
- A bachelor's degree from a regionally accredited college or university with a GPA of at least 3.0 preferred. No specific undergraduate major is required. Degrees earned abroad must be deemed equivalent to a U.S. bachelor's.
Required Documents
With multiple ways to submit documents, Drexel makes it easy to complete your application. Learn more by visiting our Completing Your Application Guide.
A completed application
Transcripts
- Official transcripts from all universities or colleges and other postsecondary educational institutions attended (including trade schools)
- Unofficial transcripts may be sent to expedite the review of your application. Official transcripts must be received if you are accepted into the program.
GMAT/GRE
- Scores: GMAT score of at least 570
The GRE is also accepted in lieu of the GMAT, with scores of at least 153 in both verbal and quantitative reasoning, or a score of at least 1170 on the old test. - Waivers: You may request a waiver based on your individual professional and academic background.
To be considered for a waiver, please indicate this preference on your application. The GMAT or GRE waiver decisions will be based on a holistic review of the following:
1. Undergraduate major and GPA
2. Potential to complete graduate coursework, quantitative ability, and advanced analytical reasoning skills as demonstrated through professional and/or academic experience
3. Professional experience and certifications (Co-op/internship experience can be considered for those without post-graduate professional experience)
4. Those who have already completed a terminal degree such as MD, DO, or PHD can request a waiver based on successful completion of their degree
Letter of Recommendation: One professional letter that speaks to your performance and accomplishments, and attests to your ability to succeed within the program.
Resume: Quality and quantity of professional experience will be evaluated
Essay: This personal statement (approximately 500 words) should describe in detail your reasons for pursuing a graduate degree from LeBow College, your short-term and long-term career plans, and how your background, experience, interests, and/or values, when combined with a Drexel graduate degree, will enable you to pursue those goals successfully.
Additional requirements for International Students
Transfer and Waiver of Credits
Qualified students may request consideration for up to 16 credits in course waivers or transfer credits based on prior academic coursework or professional designations (i.e. certifications). Learn more.
Tuition
The tuition rate for the academic year 2021-2022 is $1306 per credit.
- This program is eligible for Financial Aid.
- Special tuition rates available for Drexel University Alumni, Military members, and members of our Partner Organizations.
- These rates apply only to new online students and students being readmitted.
- All students must contact applyDUonline@drexel.edu within the first two weeks of the term to request tuition savings for which they qualify.
- Special rates cannot be combined. If you qualify for more than one special rate, you'll be given the one with the largest savings.
- When receiving special tuition plans with Drexel University Online, you may not combine them with other tuition benefits that may be available from Drexel University.
Scholarship Opportunities
To assist students in their achievement, the LeBow College of Business offers scholarship opportunities* to highly-qualified applicants. You will automatically be considered for the following:
Merit Based Scholarships
With the support of alumni, the LeBow College of Business offers the Alumni Merit Scholarship to top applicants in the MBA and MS programs. Scholarship consideration is based on your application, focusing strongly on academic achievement, professional experience, GMAT or GRE exam scores, and unique personal attributes. There is no separate application for this scholarship opportunity.
Underrepresented Minority (URM) Scholarship
To demonstrate the LeBow College of Business commitment to diversity and inclusion, additional scholarships are available for prospective students who identify as African American, Latino, Native American, and Alaskan Indian. Beginning with the Fall 2022 term, the URM Scholarship will become the Justice, Equity, Diversity and Inclusion (JEDI) Scholarship – see details below.
Justice, Equity, Diversity, and Inclusion (JEDI) Scholarship
As of Fall 2022 term, the JEDI Scholarship will replace the URM Scholarship. The JEDI Scholarship recognizes individual student achievements and contributions within their personal or professional communities. To qualify, you must meet one of the following criteria:
- You have demonstrated excellent contributions and achievements to further social justice, diversity, equity, and inclusion in their professional and/or personal communities
- You are of African American/Black, Hispanic/Latinx, Native American, Alaskan Indian or Pacific Islander descent are also eligible for the JEDI Scholarship.
There is no separate application, however, please showcase the following when prompted to do so on the application:
- Your passion for pursuing social justice, diversity, equity, and inclusion initiatives
- Your work to support the personal or professional development of underrepresented groups
*Scholarships may be offered in addition to any other applicable tuition savings. Scholarship deadlines are subject to application deadlines. Learn more about scholarship opportunities available for graduate business students.
Program Rankings
The Drexel LeBow Online MBA is top-ranked with the following higher education and business publications:
U.S. News and World Report
- Ranked 54th Best Online MBA (2020)
- Ranked 32nd Best Online MBA Programs for Veterans (tie) (2020)
Financial Times
- Ranked 20th in the world for Online MBA program, top rated online MBA program in the Delaware Valley (2017)
- Ranked 16th in the world for Online MBA program (2018)
CEO Magazine Global MBA Rankings
- Ranked Tier One MBA for quality and return on investment (2016)
- Ranked 25th for Global Online MBA programs (2016)
Quacquarelli Symonds Limited (QS) Distance Online MBA Ranking
Poets & Quants
- Ranked 30th Best Online MBA Program (2022)
Academic Calendar
2021-2022 Academic Year
Term
Classes Begin
Classes End
Exams Begin
Exams End
Fall 2021
September 20, 2021
December 4, 2021
December 6, 2021
December 11, 2021
Winter 2022
January 3, 2022
March 12, 2022
March 14, 2022
March 19, 2022
Spring 2022
March 28, 2022
June 4, 2022
June 6, 2022
June 11, 2022
Summer 2022
June 21, 2022
August 29, 2022
August 30, 2022
September 3, 2022
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