Featured Online Business Strategy MBA Schools
University of the Southwest - MBA - Strategic Management
Brandman University - MBA in Business Administration - E-Business Strategic Management
Grand Canyon University - M.B.A.: Strategic Human Resource Management
Walden University - Master of Business Administration (M.B.A.) - Strategies for Sustainability
Walden University International - Master of Business Administration (M.B.A.) - Strategies for Sustainability
Before executing any business plan, organizations must come up with strategies for implementation and failure management. A business strategy MBA online can familiarize students with the concepts behind such strategies. Students in these online MBA programs benefit from access to faculty members with many years of experience in the business and academic worlds. A top MBA business strategy online program may also offer opportunities for students to network with other business strategy experts outside of the program. Additionally, a business strategy MBA online degree can provide opportunities for students to advance within their current organizations if they are already working.
Accredited online Master of Business Administration in Business Strategy programs help students to gain the talents and skills necessary for success in wide-ranging areas of business. Students with a mathematical focus may benefit from MBA online business strategy degrees, as some programs teach mathematical analysis skills for business. Those who focus on international business in their online MBA in business strategy program learn how to plan for projects that cross international borders. Negotiation and team building skills are also taught in the best online Master of Business Administration in Business Strategy programs.
Those who enjoy strategic planning, game theory or executive leadership should consider pursuing degrees from online MBA business strategy programs.
Additional common characteristics in many online MBA business strategy students include:
A business strategy MBA degree online takes approximately the same time to finish as any other similar degree. To complete this degree it normally requires 2 years of full-time study. But, students are able to earn the program in a more convenient manner at some institutions that offer part-time or accelerated programs.
A bachelor’s degree is generally required before students can gain admission to online MBA business strategy programs. Some schools that have an MBA business strategy online program have a preference for applicants who have degrees in related fields such as business administration, strategy, organizational development, and operations research.
In addition to requiring students to have a bachelor’s degree, many online MBA in business strategy programs base admission on the following criteria:
Typically, MBA degree programs begin with a rigorous examination of core business principles that ensure students in online business strategy MBA schools gain the basic skills needed for later courses. These initial courses may cover topics such as law, finance, marketing, leadership and the basics of strategic planning. By covering basic business courses early, these programs ensure that students with different undergraduate degrees are not lacking in understanding.
Schools that place highly in online business strategy MBA rankings transition to business strategy courses in the second part of their programs. These courses may include mathematical game theory, entrepreneurship, human resource management, international business or global management strategy. Such courses detail the essential skills for long-term business planning. Graduates from the best business strategy MBA schools online are often considered experts in these fields.
Many students enrolled in online business strategy MBA programs complete an internship during the course of their studies. Such an internship can prove important in that it not only gives students an opportunity to practically apply the business and business strategy skills they are learning in an actual business setting, but it can also serve as an introduction into a particular business or company.
For students interested in business strategy MBA careers, some helpful books include:
1. Competitive Strategy: Techniques for Analyzing Industries and Competitors (Michael E. Porter) – Focusing on simple, straightforward analysis and strategies that increase competitive market advantage, this book provides trusted advice on strategic business positioning topics.
2. The Lords of Strategy (Walter Kiechel) – A text that focuses on the history of business strategy, this book teaches the underlying principles of corporate strategy and management by examining four major historical business figures.
3. Creative Destruction (Richard Foster, Sarah Kaplan) – This text focuses on the needs of long-term corporate strategy and a concept called discontinuity, illustrating that companies cannot outperform the market indefinitely.
4. The Innovator’s Solution (Clayton M. Christensen, Michael E. Raynor) – Another text that focuses on conceptual problems in business, this book demonstrates the predictability of innovation and some paradoxes in business strategy.
5. Innovation and Entrepreneurship (Peter F. Drucker) – Designed for modern business professionals, this book deals with concepts in organizational strategy that are particularly important to the modern economy, whether in established businesses, startups or public institutions.
Business strategy experts are in demand in a wide variety of areas, including marketing management, public relations management, sales management and financial management. There are more than 1 million total jobs in these fields, many of which provide a high business strategy MBA salary as shown below:
According to the Bureau of Labor Statistics, financial management is a slow-growing field, expected to grow only 9% in the next decade due to a shrinking credit industry. Other fields are experiencing more typical growth of around 14% over the same period. Public relations management, on the other hand, is expected to grow at more than 20% as companies emphasize strategic outreach to new audiences.
Many employers favor graduates who have earned their degrees from a program that has been accredited by the Association to Advance Collegiate Schools of Business. AACSB accredited business strategy MBA programs are believed to provide students with a quality education.