With a population of close to 9 million, the U.S. Census Bureau ranks New Jersey as the second most dense state in the country. The major metro areas of New Brunswick, Newark, and Madison, are home to major employers like Johnson and Johnson and Quest Diagnostics. New Jersey is home to a vast shipping and transportation industry. Popular colleges in New Jersey include Rutgers University and Princeton. Both of these schools offer various online degrees. For students interested in fast tracking their career with an online MBA, New Jersey is a great area for education and post-graduation job oppurtunities.
Consider an Online MBA in New Jersey
An online MBA can be obtained at a variety of business schools in the state of New Jersey. Costs per credit can span from $700 per credit hour to $2,000 per credit hour for out-of-state students.
Completely online MBA programs in New Jersey take around 2 years to complete. Montclair State University, Caldwell University, Rutgers’ Camden business school, and the New Jersey Institute of Technology offer entirely online MBAs. Some of the online MBA programs in New Jersey require a hybrid format with some local attendance. Ramapo College allows one third of the coursework for its 42-credit, 20-month MBA program online. Rutgers university offers a part-time MBA with online classes and evening or weekend classes in New Brunswick or Newark. Fairleigh Dickinson University also offers a hybrid MBA program.
Several online programs, including Montclair State University, Rutgers-Camden, and Rowan University, may waive their GMAT requirement based on an applicant’s prior work experience or advanced degree. Some programs do have GMAT score requirements as well.
MBA Concentrations for Students in New Jersey
Online MBA programs in New Jersey give potential students the ability to specialize in areas like digital marketing, information systems and intelligence analytics, project management, and human resources management. The healthcare industry employees many people in New Jersey, and a pharmaceutical management specialization gives you an understanding of how this area of the industry functions. The financial services area also offers many job opportunities in the state, which makes earning a New Jersey online MBA in finance a valuable resource.
New Jersey MBA Graduates Economy, Job, and Career Outlooks
The top industry in terms of employment in New Jersey has changed from manufacturing, to retail, to healthcare and social assistance in the past 25 years. The retail industry still outperforms manufacturing in terms of total revenue, healthcare and social assistance, and the accommodation and food services industries as well. New Jersey’s proximity to New York City, major universities, and extensive port systems mean it houses many major industries, including pharmaceuticals, life sciences, financial services, and logistics. The New Jersey Department of Labor and Workforce Development forecasts between 2012 and 2022, professional and service occupations will see the largest amount of job growth. The LWD shows that northern New Jersey, including Bergen and Essex counties, will have the greatest job growth by 2022, with over 59,500 annual average employment openings.
Top Employers in New Jersey
|Company||Industry||Headquarters City||# of Employees|
|Johnson & Johnson||Healthcare||New Brunswick||13,996|
|Prudential Financial Inc.||Financial Services||Newark||9,470|
Johnson & Johnson and Prudential are major companies in growing industries, which provides many employment opportunities for graduates of online MBA programs in New Jersey.
MBA Careers in New Jersey:
A financial analyst helps companies understand how their investments affect the company’s growth. They also prepare regular budgets and financial forecasts.
Digital Marketing Manager
Human Resources Manager
Management roles in human resources involve advocating for employees and ensuring that company goals, in terms of recruitment and training, are met. They manage the budget for HR activities and ensure the company meets legal regulations. The median salary for Human Resources managers in New Jersey is $72,145.
Operations managers ensure the day to day operations of a company, like production and purchasing, run smoothly. They oversee the hiring process for certain departments and are in charge of operations budgets. An operations manager in New Jersey earns $65,079 a year, which is higher than the national average.
Online MBA Programs in New Jersey
The list below contains the best online MBA programs in New Jersey. Some programs may have on-campus requirements.
How to Select an Online MBA Program in New Jersey
There are many significant considerations to make before deciding on an online MBA program in New Jersey – these include factors explained above like cost, specialization, and concentrations. The following list is made up of some necessary steps to follow during the MBA program research process (in any state).
COMPARE STUDENT OUTCOME DETAILS
Student outcomes incorporate graduation rate, retention rate, the average debt student will take on, and overall student achievement with their degree program. Student outcomes do not ensure you will be pleased with a particular program but can help pinpoint a school’s pros and cons.
CONSIDER EXPECTED COSTS OF YOUR PROGRAMS
Practically every college or university posts tuition costs online. Additionally, you should research other college-related expenses like housing accommodations and meal plans (if you plan to study on-campus), official fees, and IT fees (for online students). You should also look into grants, scholarships, and financial aid that can offset some of the expenses.
CHECK THAT CLASSES WILL FIT INTO YOUR BUSY SCHEDULE
Scheduling is crucial for students with other significant commitments, such as childcare or full-time jobs. Many online programs are self-paced; students in these classes are free to complete coursework on their own schedule. Synchronous programs (on the other hand) demand weekly online meetings with teachers and other students.
PARTNERSHIPS WITH LOCAL BUSINESSES
A large number of online MBA programs will include internships and capstone requirements ― and in many cases, students can obtain on-the-job training with real-world office experience. Look into the school’s industry partnerships, particularly regarding the field you plan to enter after receiving your MBA.
TALK TO CURRENT STUDENTS AND RECENT ALUMNI
You should reach out to the alumni office at each school you are weighing and ask to be connected with previous students. These individuals can be great sources of information about education costs, life on (or off) campus, local tips, and other fundamental details for aspiring MBA students.