Considering an MBA to advance your career? Curious about what the big world of business has to offer? A graduate program is a significant step, but understanding what’s required can help you make the best decision for your future.
Whether you want to climb the corporate ladder, switch careers, or start a business, an MBA can open doors and provide valuable skills and knowledge. In fact, there is a rising demand for MBA graduates. According to the Graduate Management Admission Council, 89% of corporate recruiters plan to hire MBA grads in 2024.
As MBA programs become increasingly popular, knowing the typical credit requirements means you’re prepared for the time and work needed to achieve this degree.
Total MBA credit requirement
So, how many MBA credits are needed to complete the degree? Unfortunately, there is no finite, one-size-fits-all answer. MBA programs vary in requirements, but only slightly. Most MBA programs require between 30 and 60 credits, depending on the program structure, institution, and whether you’re studying full-time, part-time, or online.
Part-time and online programs provide greater flexibility and may have fewer credit requirements than full-time programs, which typically offer more credits and move much quicker. Research a program thoroughly before turning in your application.
Core courses
Core MBA courses are the backbone of any program, providing essential knowledge and skills in key business areas. Think of these courses as the must-haves for any business leader. Some common MBA courses you might encounter:
- Financial Accounting. Understanding financial statements and utilizing accurate statistical interpretations are vital to pursuing an MBA. You’ll learn to understand and interpret balance sheets, income, and cash flow statements.
- Marketing Management. Want to know how to create value for customers and build strong brands? This course covers strategies and practices in marketing that every business leader should understand.
- Organizational Behavior. Managing people effectively is crucial. This course helps you understand human behavior in organizations, leveling up leadership and management skills.
- Managerial Economics. This course applies economic principles to business decision-making, helping you understand market dynamics and formulate business strategies.
- Operations Management. Learn about the efficient production and delivery of goods and services. This course focuses on process improvement and supply chain management.
Outside of these courses, you only need 15-30 more credits to complete your MBA—let’s look at other courses you could encounter.
Get started with our informational guide and begin on your path to success in your career!
Elective courses
Now for the fun part! MBA students can customize their curriculum to match their interests and professional objectives via elective courses, allowing a deeper dive into specialized areas beyond core curricula. Here are some exciting electives that are particularly relevant today:
- Entrepreneurship. Learn how to start and manage new ventures, from business planning to funding and innovation.
- Digital Marketing. Explore marketing strategies and tools to engage customers in the digital world of the internet.
- International Business. Learn the complexities of managing business operations in a global context.
- Corporate Finance. Jump into advanced financial management techniques. In this course, you will learn about investment analysis and risk management.
- Business Analytics. Harness the power of big data to make informed business decisions.
- Blockchain Technology. Discover the impact of blockchain on business, from finance to supply chain management.
- Artificial Intelligence in Marketing. Learn how AI tools can revolutionize customer targeting and personalization. It’s nothing to fear but a fantastic tool to employ.
Depending on the program, 10 to 20 elective MBA credits are needed to tailor your MBA degree to your professional aspirations.
Specializations and concentrations
Many MBA programs offer MBA specializations or concentrations focusing on a specific area of interest. Now, keep in mind these courses add to the credit requirement and usually call for extra coursework, but the rewards are massive, and the experience—is invaluable.
This list of popular specializations includes a few potential career paths as well:
- Finance. If you have a knack for numbers, examine in-depth investing techniques and financial markets. This can lead to careers as a financial analyst, investment banker, or portfolio manager.
- Human Resources. Focus on managing employee relations and organizational development, paving the way for roles like HR manager or talent acquisition specialist.
- Information Technology. If you love working on the technical side, develop your ability to use technology to improve business operations. It can help you land jobs as an IT manager or business analyst.
- Healthcare Management. Manage healthcare institutions, with career opportunities in hospital administration or healthcare consulting.
- Supply Chain Management. Enjoy the bustling atmosphere of manufacturing? Learn to oversee the production and distribution process, paving a path to logistics or operations management careers.
Typically, specializations demand 9-15 more credits but increase your competitiveness in the job market by giving you a greater understanding of a specific field and more to offer future employers.
Program duration and flexibility
Everyone has a hectic schedule, but education does its best to cater to this as much as possible.
Because of this, the length of an MBA program should also be considered. It’s wise to weigh your options since full-time MBA programs typically take one to two years, whereas part-time and online programs might take up to three years. Flexibility is a godsend for many students—it helps manage their time between work, school, and personal obligations.
Some programs offer accelerated options, letting you complete your MBA faster. Long-term part-time job schedules can be handy when managing both work and education. Don’t forget about transfer credits, either. Using credits from prior schooling can shorten the time and credits needed for an MBA degree.
Online MBA courses also offer greater flexibility and are a good fit for working professionals. They allow you to study from anywhere, though you might miss out on the face-to-face interactions and networking opportunities that come with in-person courses.
Pursuing your degree
Deciding on an MBA program means knowing the credits needed. It also means understanding the program structure versus your schedule. With typically 30 to 60 credits needed, you must balance your academic journey with career goals and personal life. Fortunately, flexible program options and financial aid make pursuing an MBA more accessible.