Missouri straddles the Midwestern and Southern regions of the United States and is populated by just over 6 million people, most of whom inhabit major urban areas such as St. Louis, Kansas City, and Springfield. The University of Missouri system dominates higher education in the state with nearly 76,000 students. Missouri State University, with an enrollment of over 24,000, also ranks as an important school along with numerous private colleges. Missourians increasingly choose online programs for both the convenience and cost savings, and several high-quality Missouri online MBA options are now available.

For many online degrees, Missouri residents can take advantage of in-state tuition rates. For example, the University of Missouri offers one of the most respected online MBA programs in the state. This hybrid executive MBA is offered 75% online and can be completed in two years. Missouri State also offers an affordable online MBA program, with the same low tuition for residents and nonresidents. This program requires the completion of 51 credit hours in either standard or accelerated formats.

Although online MBA programs in Missouri allow you to study remotely, some programs involve in-person components such as orientations and seminars. For this reason, you may want to live close to campus. In Missouri, college and university campuses exist in both rural and urban areas. While larger cities are more expensive, the cost of living remains below the national average in the state as a whole.

GMAT scores are an important admissions factor for many Missouri online MBA programs. However, institutions waive this requirement in certain instances. At some schools, GRE scores can be substituted for GMAT scores. Other programs, particularly executive MBA programs, emphasize professional experience over standardized test scores and may not require the GMAT.

Percentage of Students Enrolled by Distance Education
Percentage of students enrolled at Title IV institutions in Missouri, by distance education enrollment status, Fall 2012

MBA Concentrations for Missouri Students

Since online MBA programs offer different concentration options, you should consider how your intended course of study fits within your broader career goals. Another important consideration is that certain degree concentrations are more amenable to Missouri’s native industries. If you want to become a business leader in the state, the following MBA concentrations are likely to be in high demand in Missouri in the coming years.

 

  • Finance: This concentration introduces students to financial institutions, laws, and products. The course of study also prepares students to manage investments, trade securities, and provide financial advice to individuals and companies.
  • Nonprofit Administration: Students in this degree concentration learn the ins and outs of nonprofit organization management. Courses cover subjects such as fundraising, governance and legal issues, organizational strategy, and volunteer coordination.

Accreditation in Missouri

Students researching online MBA programs in Missouri should check that the school or program they are considering is properly accredited. Accreditation is a way of ensuring that colleges uphold certain standards for academic quality. Regional accreditation is awarded to nonprofit, degree-granting institutions and applies to most public universities and private colleges. National accreditation is usually reserved for for-profit, vocational schools. Of the two types, regional accreditation is generally considered more prestigious.

Students considering online MBA programs in Missouri should be sure their school is accredited by the Higher Learning Commission, an accrediting agency recognized by the Council for Higher Education Accreditation and U.S. Department of Education. Additionally, there are forms of accreditation specific to certain disciplines. For business schools, look for accreditation from the Association to Advance Collegiate Schools of Business.

According to the Bureau of Economic Analysis, GDP reached $300.9 billion in Missouri in 2016. The state economy only grew 1.1% from 2015 to 2016, slower than the national rate of 1.5%.
However, the Bureau of Labor Statistics notes that the unemployment rate in Missouri fell to 3.8% in September 2017, lower than the national average of 4.2%.

St. Louis and Kansas City are commercial hubs where job growth remains strong, particularly in the healthcare and business service sectors. Manufacturing, once the largest source of jobs in Missouri, continues to decline in overall importance throughout the state. Agriculture drives the economy in the north of the state, while tourism thrives in the mountainous Ozark region in the south. Healthcare companies continue to grow in the central region, where emerging jobs now attract recent graduates.

Top Employers in Missouri

Company Industry Headquarters City Number of Employees
Barnes-Jewish Hospital Healthcare St. Louis 9,000
St. John’s Hospital Healthcare Springfield 8,500

The transition from a manufacturing economy to one dominated by healthcare and professional services means that there is a higher demand for MBA graduates. Not only does the state offer lucrative career opportunities, but with a low overall cost of living, MBA graduates’ salaries go further in Missouri compared to other U.S. states.

Education often translates to higher compensation in the business management field. Committed business professionals reap lifelong financial rewards for time and money invested in an online MBA in Missouri. Employees with MBA degrees also earn more than their counterparts with associate or bachelor’s degrees. Specific concentrations such as finance lead to particularly lucrative careers.

Missouri’s economy, once dominated by manufacturing, increasingly relies on professional service and financial sector activities for growth. Missouri companies need highly capable leaders and seek MBA holders for management roles. As the state economy changes, MBA program graduates can find lucrative, professionally rewarding roles at one of Missouri’s many thriving businesses.

Average Salary by Degree
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Careers for MBAs in Missouri

Executive

Large companies need leadership, and executives plan and direct activities to help them achieve organizational goals. Missouri’s economy, increasingly dominated by big businesses, needs highly trained executives. Executives typically earn generous compensation packages.

Financial Analyst

Professionals in this role assess investment opportunities for individuals and businesses. As the financial services sector increases in importance to Missouri’s economy, demand grows stronger for MBA graduates with concentrations in finance. This job can be lucrative, but salaries vary based on factors such as company type and market performance.

Medical and Health Services Manager

This job involves the overall management of healthcare organizations and requires understanding medical laws, markets, and technologies. As Missouri’s population ages, there are considerable opportunities for professionals in this role. Pay in this field reasonably high, and work will remain stable as current demographic trends continue.

Sales Manager

Planning and directing sales campaigns, professionals in this role drive revenue generation activities for various kinds of businesses. Sales managers often earn lucrative pay, including commissions. As Missouri’s economy changes, consumer sales opportunities are increasing, generating demand for MBA graduates who are capable of leading sales teams.

Social and Community Service Manager

This role involves the oversight of organizations and employees that provide essential social services. Missouri’s economy needs professionals to oversee its many public and community agencies. While compensation for this position tends to be modest, this job helps strengthen communities and leads to high professional satisfaction.

Prospective students interested in earning their online MBA in Missouri can choose among many quality programs. Depending on the concentration and courses you select, you can enter any number of the state’s thriving industries. To help you in your search, the list below includes only the most highly respected and accredited online MBA programs in Missouri.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description

Columbia College

Location Columbia, MO Tuition Tuition $14,940 % Receiving Financial Aid 58% Student Population 14,759 School Type Private

Columbia College, a private school of about 2,000 students, administers one of the best online MBA programs in Missouri. Designed for professionals in the early stages of their careers who want to advance to leadership positions, this program consists of 36 hours of coursework. Students can choose between two concentrations: accounting and human resource management. If students choose the accounting track, they must have a bachelor's degree in accounting, or possess the equivalent undergraduate credits.

Once enrolled, learners take classes that cover marketing strategies, business communication theory, organization theory, and information systems. Accounting students learn about taxes, and human resource students become experts in compensation and benefits.

In order to apply, candidates should have a 3.0 GPA at minimum from their undergraduate degree. Although Columbia College does not require students to submit entrance exam scores, the school recommends that applicants finish a few years of work experience before they begin the MBA program.


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Culver-Stockton College

Location Canton, MO Tuition Tuition $16,500 % Receiving Financial Aid 80% Student Population 1,066 School Type Private

Located in Canton, Missouri, Culver-Stockton College began educating students in 1853 as a Christian institution. Over 150 years later, the school now offers a master's in business administration entirely online. This online MBA program has three emphasis areas: finance, management, and accounting. Students may also pursue a dual MSN-MBA in tandem with the college's nursing school.

Terms last eight weeks, and the program generally requires two years for completion. High-performing undergraduate business students enrolled at Culver-Stockton may begin their MBAs during their senior years as part of the "3+2 MBA" program. The program, accredited by the International Accreditation Council for Business Education, provides students with career placement services before they graduate.

All applicants must possess an undergraduate GPA of at least 2.0 and a 1025 GMAT score at minimum. However, Culver-Stockton may waive the GMAT score for those candidates with substantive work experience.


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Fontbonne University

Location St. Louis, MO Tuition Tuition $26,208 % Receiving Financial Aid 67% Student Population 1,713 School Type Private

The Catholic-affiliated and Saint Louis-based Fontbonne University offers an online MBA in Missouri. Students may choose between two concentrations, including a leadership and management track and a supply chain management track. The program requires students to complete 36 credits of coursework: 24 core credits and 12 concentration credits. Courses last eight weeks.

The school designed the program with flexibility for working professionals. Before graduation, learners must complete a seminar in administrative policy and strategic planning. Students implement the skills they learned during their MBA courses through presentations and written assessments of case studies.

Admissions requirements vary based on the applicant's intended concentration. If prospective students want to focus on leadership and management, they do not need to take entrance exams. If they choose to follow the accounting track, they must have a 475 GMAT score at minimum. Although Fontbonne typically does not set a minimum undergraduate GPA, the school waives the GMAT requirement for students who received a minimum 3.3 GPA.


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Lincoln University

Location Jefferson City, MO Tuition Tuition $10,476 % Receiving Financial Aid 67% Student Population 2,944 School Type Public

Lincoln University operates as a historically black university in Missouri's capital, Jefferson City. Created in 1886 for African-American students after the Civil War, the public land-grant university now enrolls about 3,000 students each year. Lincoln also runs an online MBA program in Missouri.

The degree offers an emphasis in management. Students take courses in managerial accounting, international business, business strategy, managerial economics, and corporate finance. Students learn to understand markets and analyze data in order to make decisions. Each course equips students with the skills they need to progress their career and obtain leadership positions.

Lincoln's MBA program holds accreditation from the Higher Learning Commission. If students previously earned their bachelor's degrees in business from Lincoln, they may apply nine credits to their MBA requirements. The school does not set a minimum undergraduate GPA, but applicants must submit GMAT scores.


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Lindenwood University

Location Saint Charles, MO Tuition Tuition $26,520 % Receiving Financial Aid 62% Student Population 11,620 School Type Private

Located in the St. Louis suburb of St. Charles, Lindenwood University instructs nearly 9,000 students, both undergraduate and graduate. The schools online MBA in Missouri allows students to choose from several concentrations: accounting, entrepreneurial studies, finance, human resource management, international business, leadership, management, marketing, nonprofit administration, and supply chain management.

Students complete 39 to 54 credits, depending on past coursework, previous experience, and chosen emphasis area. Students without prior background in business must take nine credits of prerequisite coursework. Working professionals can enroll part time or full time. Lindenwood offers five terms per year, each lasting eight weeks.

The MBA program at Lindenwood holds accreditation from the Accreditation Council for Business Schools and Programs and the Higher Learning Commission. Interested individuals should reach out to the admissions department at Lindenwood to ask about specific admissions requirements based on their previous experience.


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Maryville University

Location St. Louis, MO Tuition Tuition $27,300 % Receiving Financial Aid 66% Student Population 6,414 School Type Private

Maryville University provides a fast-track MBA degree. Students who do not choose a concentration can graduate within one year. The St. Louis-based university administers one of the best online MBA programs in Missouri, which is meant to help working professionals advance their careers. Students can begin the program at six different starting points throughout the year.

Students may choose from nine specializations: accounting, human resource management, cybersecurity, information technology, financial services, marketing, general management, project management, and health administration. Several of these concentrations tailor courses around preparing students for certifications. For instance, the accounting track equips students for their CPA exams, and learners in the project management track prepare for the project management professional certification.

Maryville's admissions requirements do not include GRE or GMAT scores and the school does not demand a minimum undergraduate GPA. Maryville instead takes another approach, admitting potential students who hold the ability to succeed regardless of their previous experience.


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Missouri Baptist University

Location Saint Louis, MO Tuition Tuition $21,168 % Receiving Financial Aid 34% Student Population 5,276 School Type Private

Founded in 1957 in a suburb of St. Louis, Missouri, Baptist University educates about 5,000 students each year, both on campus and online.

At MBU, students can receive their online MBA in Missouri in 12 to 24 months. Students must complete 36 credits in order to graduate. Although the school waives some required credits, everyone enrolled must fulfill three credits of an introductory executive communications and business literacy class. Later in the program, coursework requires students to complete research and study advanced concepts, like markets for international firms and organizational behavior and leadership.

The curriculum also includes a capstone course where students create a project synthesizing everything they have learned throughout the course of their studies. Additionally, students take an exit exam during their capstone semester.


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University of Missouri

Location Columbia, MO Tuition Tuition $73,000 % Receiving Financial Aid 47% Student Population 35,424 School Type Public

As the state's flagship public land-grant university, the University of Missouri in Columbia enrolls well over 30,000 students. The executive MBA program at Mizzou is one of the best online MBA programs in Missouri.

With accreditation from both the Association to Advance Collegiate Schools of Business and the Higher Learning Commission, this degree consists of 48 credits of coursework. Students typically complete the program in 21 months. Learners enroll in two classes every eight weeks, which amounts to four courses each semester. Mizzou ensures that students take one quantitative and one qualitative course simultaneously.

This MBA program operates in a unique blended format. Although students complete their coursework online, they must also visit the campus four times throughout the program. Learners also complete an international residency the summer after their first year. In order to apply, competitive candidates must possess five years of professional experience and at least some previous practice in leadership.


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Missouri University of Science and Technology

Location Rolla, MO Tuition Tuition $43,200 % Receiving Financial Aid 52% Student Population 8,886 School Type Public

Formerly known as the University of Missouri at Rolla, this school became Missouri University of Science and Technology, or Missouri S&T, in 2008 due to its reputation as a technological research university. Missouri S&T runs many other academic programs; however, not just science and technology, including one of the best online MBA programs in Missouri.

MBA students complete 36 credits of coursework, including classes like teambuilding and leadership, and managerial finance. The curriculum also offers courses that take advantage of Missouri S&T's strengths, like artificial intelligence, robotics, and information systems management. If individuals are interested but unsure about an entire master's degree, they can opt to enroll in one of the school's many business administration graduation certificates, like mobile business and technology or enterprise resource planning.

Applicants must submit their transcripts from previous coursework, three recommendation letters, a statement of purpose, and GRE or GMAT scores.


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Northwest Missouri State University

Location Maryville, MO Tuition Tuition $13,530 % Receiving Financial Aid 60% Student Population 6,593 School Type Public

At Northwest Missouri State University, students can choose to three different MBA directions: a general MBA degree, an MBA with an emphasis in human resource management, or an MBA with a marketing concentration. Regardless of specialization, all programs consist of 33 credits. Learners may complete all three options online, and generally finish the program in 12 to 18 months.

Nine hours of coursework must fall within the student's concentration area. Human resource students take classes like managing compensation and benefits. Students who pursue general management take quality improvement courses. The marketing concentration encourages students to take courses in global marketing management or advanced marketing communication.

To apply for this MBA program in Missouri, candidates must submit a transcript with a minimum 2.5 GPA. Northwest Missouri State often requires applicants to submit GRE or GMAT scores as well; however, the school waives entrance exam scores in certain cases. Applicants should contact the school for more information about the waiver.


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Park University

Location Parkville, MO Tuition Tuition $18,117 % Receiving Financial Aid 46% Student Population 11,720 School Type Private

Based near Kansas City, Park University offers an MBA program that students can complete entirely through distance learning. Courses last eight weeks and run at an accelerated pace, which means students can finish the program in 15 months. The university has a wide selection of elective courses, including business strategies in Latin America, green marketing, and business in Asia.

Park allows students to choose from several concentrations: disaster and emergency management, finance, global business, global executive administration, homeland security, human resource management, management accounting, management information systems, project management, and quality and innovation management. Overall, learners need 33 credits to graduate. Twelve of those required credits must fit into students' concentrations.

This online MBA program in Missouri looks for prospective students with a minimum 2.75 GPA in their undergraduate studies. Park sometimes conditionally accepts applicants with a lower GPA. Students who receive conditional acceptance must maintain B grades during their first two graduate courses.


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Southeast Missouri State University

Location Cape Girardeau, MO Tuition Tuition $10,725 % Receiving Financial Aid 48% Student Population 11,987 School Type Public

The Southeast Missouri State University online MBA program, located in Cape Girardeau, focuses on the international marketplace, information technology, and leadership in a business setting. Overall, students need 33 credits to graduate. If they do not possess a business background, they may need to take additional foundational classes.

The program offers several courses in topics like regulatory policy of financial institutions, international marketing, and improving team performance. Students can choose to complete an internship for three credits, and all students must finish an applied research project in order to graduate.

Southeast Missouri State's MBA holds accreditation from both the Association to Advance Collegiate Schools of Business and the Network of International Business Schools. This program requires applicants to take the GMAT or GRE. Candidates must achieve a score of at least 500 on the GMAT. If applicants take the GRE, they should earn a minimum of 147 on both the verbal and quantitative reasoning portions of the exam. Applicants should also hold a bachelor's degree from an accredited school.


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Missouri State University - Springfield

Location Springfield, MO Tuition Tuition $11,220 % Receiving Financial Aid 50% Student Population 24,350 School Type Public

The Missouri State University online MBA program allows students to complete a graduate certificate in areas like entrepreneurship and forensic accounting, in conjunction with a master's degree. About a quarter of students choose to enroll in the MBA online, rather than on campus.

The Missouri State online MBA consists of 18 foundational credits and 33 MBA credits. Students with an academic background in business may bypass the foundational courses. Missouri State also offers an executive MBA option, but only allows individuals with at least five years of business experience to apply for this track.

Missouri State expects prospective students to submit undergraduate transcripts and a GMAT or GRE score. The school may waive the entrance exam requirement if applicants earned a 3.25 GPA or higher in previous business coursework from an accredited school. Bachelor's learners studying business at Missouri State may apply for the accelerated MBA program, which allows them to count undergraduate credits toward their graduate degrees.


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Webster University

Location Saint Louis, MO Tuition Tuition $28,080 % Receiving Financial Aid 65% Student Population 15,256 School Type Private

MBA students at St. Louis-based Webster University may pursue their graduate degrees online with a specialization or even a dual degree. Webster offers many MBA concentrations, including business and organizational security management, environmental management, international business, and marketing.

It also runs three dual degree options: an MBA and master of health administration; an MBA and master's degree in finance; or an MBA and master's in science management and leadership. The number of required credits ranges from 36 to 54, based on a student's chosen focus.

As one of the best online MBA programs in Missouri, Webster's Walker School of Business boasts accreditation from the Accreditation Council for Business Schools and Programs. Interested individuals must have a bachelor's degree with a 2.5 minimum undergraduate GPA. Undergraduate students pursuing a business degree may apply for the Walker Joint MBA program, which allows them to seamlessly transition to the MBA program.


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William Woods University

Location Fulton, MO Tuition Tuition $11,000 % Receiving Financial Aid 61% Student Population 2,172 School Type Private

William Woods University offers an online MBA in Missouri for students who prefer to pursue their degrees through distance learning. The school designed the program specifically for working adults with demanding schedules who need course flexibility. Online learners can complete the degree in two years or less. Students may choose a general business management track, or they can focus on the small business concentration or global business specialization.

William Woods requires students to complete a capstone project before graduating. Unlike capstone projects at many other schools, students must present the finished project to a panel of business professionals.

William Woods does not require prospective students to submit GRE or GMAT scores; however, applicants must submit undergraduate transcripts that show at least three credits of accounting and three credits of economics. Candidates must also have earned a 2.5 GPA or higher.


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University of Missouri - St Louis

Location St. Louis, MO Tuition Tuition $15,810 % Receiving Financial Aid 41% Student Population 16,989 School Type Public

As a part of the public University of Missouri System, the St. Louis campus runs an online MBA program for both non-traditional adult students and full time students who just graduated with their bachelor's degrees. The "flex" program means students can tailor their degrees to their needs.

The curriculum consists of anywhere from 30 to 45 credits. Learners can specialize in accounting, finance information systems, international business, logistics and supply chain management, general management, marketing, and operations management. All students graduate within six years, although learners typically finish the program sooner.

The University of Missouri at St. Louis expects students to have completed undergraduate coursework in micro and macroeconomics, business statistics, and managerial communication skills. Students without experience in this area enroll in an academic boot camp before they begin the MBA program. Applicants should submit undergraduate transcripts, a statement of purpose, recommendation letters, and GMAT scores. Students can also fill out a GMAT waiver request form.


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How to Choose an Online MBA in Missouri

There are many important considerations to make before settling on an online MBA program in Missouri. These include factors discussed above like cost, accreditation, and available specializations. The following list includes some key steps to follow during the program research process for MBA options in any state.

  • Compare student outcomes data

    Student outcomes include graduation rate, year-to-year retention rate, the average debt for a graduate from that school, and overall student satisfaction with their degree program. Student outcomes do not guarantee you will be satisfied with a particular program, but can be useful for pinpointing a school’s strengths and weaknesses.

  • Estimate the expected costs of your programs

    Virtually every accredited college or university posts tuition rates online. Additionally, you should research other college-related costs like living accommodations and meal plans (if you plan to live on-campus), administrative fees, and technology fees (for online students). You should also look into scholarships, grants, and other forms of institutional financial aid that can offset some of the costs.

  • Check that classes will fit in with your schedule

    Scheduling is critical for students with other important commitments, such as childcare or full-time employment. Many online programs are asynchronous, or self-paced; students in these tracks are free to complete course requirements on their own schedule. Synchronous programs, on the other hand, require weekly online meetings with teachers and fellow students.

  • Look for partnerships with local businesses

    A large number of online MBA programs include internship and/or capstone practicum requirements ― and in many cases, students are able to gain on-the-job training and real-world office experience. You should look into the school’s business partnerships, particularly in regard to the industry you plan to enter after earning your MBA.

  • Make sure the program is accredited

    Accreditation status should always be available and easily accessible on a school’s website. In addition to regional or national accreditation, some MBA pathways receive programmatic accreditation. Recognized programmatic accreditors for MBA programs include the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Counsel for Business Education (IACBE).

  • Talk to current students and/or recent alumni

    You should contact the alumni office at each school you are considering and ask to be connected with former students. These individuals can be good sources of information about education costs, life on- and off-campus, local business tips, and other important details for aspiring MBA students.

Online MBA Programs in Surrounding States