Master of Business Administration
Program Overview
Master of Business Administration - MBA
The Master of Business Administration (MBA) degree from UMass Lowell is a top-ranking program that offers flexible on-campus and online learning options to fit busy schedules.
Program Overview
The MBA program prepares students to lead organizations in today's rapidly changing business environment. Students can tailor their MBA to their career goals and interests by selecting from various options, including accounting, business analytics, entrepreneurship, finance, healthcare, information technology, international business, managerial leadership, or marketing.
Program Quick Facts
- No GRE/GMAT Required
- F1 Student Visa Eligible (On-Campus Only)
- Available Online and On Campus
- Complete in 12-24 Months
MBA Curriculum
Students are required to complete 30 credits of advanced core courses and electives. Those without the requisite undergraduate coursework must also complete 12 credits of foundation courses, bringing the total to 42 credits. In addition to the Advanced Core courses and Foundations courses (if required), students may select any three graduate-level business electives to earn a General Business Option or choose courses from one of the focus area options:
- Accounting
- Business Analytics
- Entrepreneurship
- Finance
- Healthcare
- Information Technology
- International Business
- Managerial Leadership
- Marketing
Sample Degree Pathway for Master of Business Administration
The MBA program is a 30-credit program. The Foundation Courses are required for students who do not have prior coursework in business. The courses may be waived for students who earned B or better in similar undergraduate courses.
Prerequisite Foundation Courses
- Course Number | Course Name | Credits
- --- | --- | ---
- Total | 12
- ACCT.5010 | Financial Accounting | 2
- FINA.5010 | Business Financial Analysis | 2
- MKTG.5010 | Marketing Fundamentals | 2
- POMS.5010 | Operations Fundamentals | 2
- MGMT.5010 | Organizational Behavior | 2
- MGMT.5110 | Global Enterprise and Competition | 2
Required Advance Core Courses
- Course Number | Course Name | Credits
- --- | --- | ---
- Total | 21
- ACCT.6010 | Accounting Information for Management Decisions | 3
- FINA.6010 | Corporate Finance | 3
- MKTG.6010 | Analysis of Customers and Markets | 3
- MIST.6010 | Management Information Systems | 3
- POMS.6010 | Operations Management | 3
- MGMT.6010 | Managing Organization Design and Change | 3
- MGMT.6910 | Strategy Formulation and Implementation | 3
Competency Goals
- Analytics Skills: Program graduates will be able to think analytically and critically to solve organizational problems and meet organizational goals.
- Global Awareness: Program graduates will be able to leverage their knowledge of the interconnectedness and changing nature of global markets and business environments for decision-making.
- Ethical Reasoning: Program graduates will develop ethical reasoning and social responsibility knowledge for making business decisions.
- Communication & Research Skills: Program graduates will exhibit logical and persuasive communication skills.
- Team Management: Program graduates will have team management and leadership skills to coordinate and organize activities for managing change.
- Strategic Management: Program graduates will develop strategic planning and management skills for gaining organizational competitive advantage.
Why Choose UMass Lowell's MBA?
Reputation
The online MBA consistently ranks among the top programs in the country by U.S. News & World Report, Fortune, CEO Magazine, and more.
Accreditation
The Manning School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
Affordability
- #1 Lowest Cost Per Credit for MS Business in the Top 20 Ranked Programs.
- Completable online for under $20,000 if your bachelor's coursework satisfies foundation course requirements.
Alumni Network
The network of more than 10,000 program alumni is an invaluable resource for students and graduates, providing internship opportunities, job leads, mentorship, and professional connections.
MBA Career Outlook
- +1.1 M: Projected job openings per year (U.S. Bureau of Labor Statistics, 2024)
- $116.8K: The average salary for management occupations (U.S. Bureau of Labor Statistics, 2024)
Where Our Graduates Work
- Fidelity Investments
- Beta Gamma Sigma
- United States Airforce
- UKG
- Target
- Mill City Consulting
- The TJX Companies, Inc.
- Raytheon
- JLL
- Epsilon
- BAE Systems, Inc.
Tuition and Admissions
Eligible students must complete the Free Application for Federal Student Aid (FAFSA) to be considered for financial assistance.
Online Graduate Business Tuition
- Cost Per Credit: $655
- Term Registration Fee: $30
- Estimated Total Program Cost (30 credits): $19,650
On-Campus Graduate Tuition
View Estimated Annual Tuition and Fees for the 2025 - 2026 Academic Year
Financial Aid
As a graduate student, you may qualify for federal student aid and other need-based scholarships. To be considered for financial assistance, you must complete the Free Application for Federal Student Aid (FAFSA).
Graduate Admissions Requirements for the Manning School of Business
- Application
- Application Fee: $75
- Statement of Purpose: Outline goals, experience, and achievements (max 2 pages)
- Letters of Recommendation: Two (2) for master's, three (3) for doctoral applicants.
- Transcripts: You may apply with unofficial transcripts, but if accepted, official transcripts are required.
- Test Scores: UMass Lowell's school code is 3911. The Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) is required for Doctor of Philosophy (Ph.D.) applicants. It is accepted, but not required, for master's applicants.
- Resume
International Applicants
Transcripts must show degree completion and include a credential evaluation from a National Association of Credential Evaluation Services (NACES) member.
English Proficiency
If English is not your country's national language, please submit one of the following scores:
- Test of English as a Foreign Language (TOEFL): 100+
- International English Language Testing System (IELTS): 7.0+
- Duolingo: 135+
- ASC English: Level 6+
- Pearson Test of English (PTE): 72+
Frequently Asked Questions
What do you learn in an MBA?
While MBA courses and curriculum may vary by university, most programs cover core subjects, including accounting, business communications, business ethics, business strategy, corporate finance, leadership, marketing, operations management, and organizational behavior.
Does it matter where you get your MBA?
Yes, where you get your MBA matters. The reputation of the school you attend can significantly impact your career prospects.
Can you get an MBA without an undergraduate degree?
In general, no, you cannot get an MBA without an undergraduate degree. Most master of business administration degree programs require a completed bachelor's degree from an accredited institution.
Can I get an MBA without a business degree?
Yes, you can get an MBA without a business degree. Most MBA programs do not require a specific undergraduate major.
Is an MBA worth it?
An MBA is worth it to advance your business career, mainly if you aim for a leadership or management position.
What can you do with an MBA?
An MBA degree can open doors to multiple career opportunities across various industries, including management consulting, finance, marketing, operations management, entrepreneurship, and more.