6 Things You Should Know About the Rasmussen College MBA Program
You’ve worked hard to build up work experience and expertise over the last few years and you’re seriously considering an additional investment in your education. You know that a Master’s degree in Business Administration (MBA) can elevate both you and your resume to the next level. But before you take this step you’ll want to do some research and find the right program for your goals and needs.
That can be easier said than done—there are a lot of MBA programs out there and it can be easy to get overwhelmed trying to keep all the information straight. While we can’t give you a run-down of every program you may be considering, we can help by highlighting some of the key details surrounding the Rasmussen College MBA program and what might make it an appealing option for you.
Let’s take a closer look at the reasons why you should consider the Rasmussen College MBA program.
6 Reasons why the Rasmussen College Master of Business Administration program is worth considering
Ready to learn more about the Rasmussen College MBA program? We’ve asked Dr. Roxann Reid Goodman of the Rasmussen College School of Business to help highlight what makes this program stand out.
1. The fully-online competency-based education format is ideal for working professionals
Rasmussen College understands that MBA students are likely to have a lot on their plate professionally and academically. They’ve educated thousands of working students and know how to create programs that offer the flexibility to meet your needs.
“We designed this MBA program for today’s student,” says Dr. Reid Goodman.
Rasmussen College is a national leader in competency-based education (CBE) and the benefits of this unique format can be substantial. Students in CBE courses have much more control over the pace of their work as this format takes weekly deadlines out of the equation. Students start each term with everything they’ll need to complete their work, so you can control your approach—the only deadline you’ll need to meet is to have all assignments completed and submitted before the end of the term. Instead of scrambling to complete an assignment during an unexpectedly busy week, you can put it on the backburner and make up for lost time later without being penalized.
Another aspect of the CBE format that can benefit MBA students is that it can naturally reward your experience. In your project-based coursework, there may be elements of an assignment you already have a solid understanding of—and since you set the pace, you might be able to quickly complete that portion of the work and focus more of your time on areas you’re not as familiar with.
2. The program can be completed in as few as 18 months1
Completing a graduate program doesn’t have to be a lengthy commitment. If you’re looking to complete a master’s degree program in relatively short order, you’re in the right place. The entire Rasmussen College MBA program can be completed in as a few as 18 months for full-time students. With 4 start dates per year, you won’t need to wait long to get on with the next steps in your academic and professional careers.
Of course, that doesn’t mean all students must progress through the MBA program at this same rate—you’ll always have the option of scaling back and taking on a more gradual pace if you’d prefer. Whether you’re hoping to finish your graduate education as soon as possible or prefer to progress at a slower pace, you’ll have a home in this program.
3. Courses are crafted to develop a broad base of executive-level skills
Whether you have a specific dream job in a mind or are just looking to generally prepare yourself for career advancement down the line, the Rasmussen College MBA program will help you refine your expertise. With coursework thoughtfully designed to build the key competencies needed for management professionals, you’ll gain an edge as you learn from accomplished doctoral-prepared educators with substantial business experience.
The program features an innovative and progressive curriculum designed by industry professionals and curriculum experts with over 130 years of experience working for well-known organizations across the country.
Goodman says in her courses she often calls upon her experience within large corporate settings to help tie key course objectives to what students are likely to encounter in the workplace. Instructors with this rich background of practical experience will help you make clear connections between what you’re learning and how it will be applied in a real business setting. “Faculty experience helps validate the students’ learning,” Dr. Reid Goodman says.
Courses in this program will develop students’ leadership competencies while covering a broad spectrum of strategic business subjects like:
- Value chain management
- Operations management
- Financial management
- Organizational leadership
- Marketing strategy
- Business intelligence and analytics
- Change management
- Corporate responsibility and sustainability
This is accomplished through case studies, lectures, and interactive course projects that allow students to draw from their professional experience when possible to apply what they’ve learned in practical true-to-life scenarios. Ultimately, the program culminates in a capstone course that applies everything they’ve learned into a comprehensive final project.
“We made sure that the MBA curriculum covers everything that makes a strong leader,” says Dr. Reid Goodman. “Students might not have the title of leader or manager yet, but when they do, they’ll be ready. “
4. Students will have strong academic and technical support available
While you’ll be completing your work online, that doesn’t mean you’ll be on your own as you take this next step in your academic career. Rasmussen College offers a strong suite of support services that can help keep you on track as you progress through this program. This includes a team of professionals providing 24-hour technical support, tutoring assistance, as well as library and career services support. Plus, your instructors will be there every step of the way to help provide answers to your questions, supplemental resources and even a little moral support, if needed.
“Our instructors and faculty are fully invested in your success,” says Dr. Reid Goodman.
5. Rasmussen College has a well-established history of educating business professionals
You can trace the roots of Rasmussen College all the way back to 1900 when Walter Rasmussen founded the Rasmussen Practical School of Business in Stillwater, Minnesota. While obviously a lot has changed in the 120 years since the school’s founding, Rasmussen College remains a trusted educator of aspiring business professionals with thousands of alumni across the nation.
The College, which is regionally accredited by the Higher Learning Commission, has embraced changing technology and forged a path as a leader in online higher education.2 This commitment to online learning and innovation shines through in the coursework of this program, with students often utilizing in-demand software and technology to complete their work. It’s a modern world—and with remote work on the rise, your course experience in a 100-percent online program can set you up for future success in an increasingly digital economy.
“Graduating from an online MBA program like Rasmussen’s gives graduates the tools to live and work online—it’s the wave of the future,” notes Dr. Reid Goodman
6. The program is affordable
Pursuing a graduate degree is an investment in your future, but that doesn’t mean you’re not mindful of the price. Cost is often at the forefront of a future MBA student’s mind, and price-conscious students may like what they see from the Rasmussen College MBA program.
With a total of 12 courses—each 11 weeks in length—this program can be completed at a price as low as $19,740. This includes $360 per-credit and $2,460 in total fees. Want to learn more? You can estimate your tuition cost with our tuition estimate calculator. Even better? If you enroll by March 30, 2021, you can complete your MBA degree for under $10,000.3
Take the first step towards your next credentials
Envision your name with the MBA credential behind it. The sooner you get started, the sooner it could be a reality! The Rasmussen College School of Business is ready to support you in your journey. If you’re ready to take the next steps, learn more and request more information on the Rasmussen College Master of Business Administration program page.
1Completion time is dependent on number of courses completed each term.
2Rasmussen College is accredited by the Higher Learning Commission (hlcommission.org | 800-621-7440), a regional accreditation agency recognized by the U.S. Department of Education.
3Tuition for students who start this program on January 4, 2021 or April 5, 2021, is $155 per credit.
- Students who enroll by March 30, 2021, for the Master of Business Administration (MBA) degree program starting classes on January 4, 2021 or April 5, 2021, are eligible for the tuition rate of $155 per credit.
- Tuition will increase to $360 per credit for students who start in July 2021, and later.
- Students must maintain continuous enrollment to remain eligible for the tuition pricing of $155 per credit. A student who withdraws and re-enrolls will be required to pay the tuition price offered at the time of their re-enrollment.
- Students who receive the tuition price of $155 per credit cannot use any additional discount, grants and/or scholarships.
- If a student needs to retake one or more courses in the degree program, the total cost of the program will exceed $10,000.
- Program cost breakdown: $7,440 in tuition + $2,460 in fees = $9,900 in program cost.