Online MBA: Focus in Strategy & Economics
Strategy & economics professionals are responsible for setting and interpreting company objectives, achieving company objectives, and using the best possible resources to meet company objectives and goals. They have the task of maintaining a strong competitive advantage for the company, which involves the application of corporate strategy to all aspects of the business--especially to decision-making.
Strategy & economics professionals work in all industries from finance to technology to publishing to transportation. The typical path from student to professional is a bachelor’s degree in business, economics, finance, or other related field, followed by an MBA: Focus in Strategy & Economics.
Most strategy & economics professionals work in the field while earning an MBA, and most choose to complete the degree online. Online MBA programs are available through a number of traditional colleges. However, the MBA with a focus in strategy & economics is more accessible online.
If you are interested in enrolling in an online MBA: Focus in Strategy & Economics degree program, it is important to make sure the online program offers a coherent set of courses in the strategy & economics focus area. Note that the on-campus MBA curriculum is still the standard in the academic and business worlds. Top online programs carry accreditation through a nationally recognized accrediting agency.
Core Curriculum for MBA Degrees
The following core curriculum is the standard for accredited online and traditional MBA degree programs. Core curriculums typically account for 40% of the degree requirement.
- Accounting
- Business
- Strategy Economics
- Finance
- Human Resources
- Marketing
- Management
- Manufacturing and Production
- Operations Management
- Statistics
- Technology and Information Systems
Specific course titles include but are not limited to financial accounting, marketing strategy, managerial economics, leadership development, managerial statistics, operations strategy, financial planning and analysis, strategy structure and incentives, global economic environment, and social networks and social capital.
Online MBA: Focus in Strategy & Economics Degree Curriculum
In addition to the core curriculum for the MBA, the focus in strategy & economics degree program will include many of the following advanced courses:
- Controllership
- Ethical and Legal Environment of Business
- Global Management
- Information Systems Management
- Leadership/Management Challenge
- Managing Change
- Professional Communications
- Seminar in Strategic Management
- Strategies in a Global Environment
- Strategy Formulation
- Strategy Implementation and Management
- The Economics of Management
After examining the core curriculum and focus area requirements, check the online school’s accreditation status. The following agencies are recognized by the U.S. Department of Education:
- The Association to Advance Collegiate Schools of Business (AACSB)
- The Association of Collegiate Business Schools and Programs (ACBSP)
- The Council for Higher Education Accreditation (CHEA)
- The Distance Education and Training Council (DETC)
The following recognized accrediting agencies offer regional accreditation:
- Middle States Association of Colleges and Schools
- New England Association of Schools and Colleges
- North Central Association of Colleges and Schools
- Northwest Commission on Colleges and Universities
- Southern Association of Colleges and Schools
- Western Association of Schools and Colleges
Finding Online MBA: Focus in Strategy & Economics Degree Programs
To locate top accredited online MBA: Focus in Strategy & Economics degree programs, students may explore the offerings at on-campus universities, search through comprehensive online directories such as Top Online Colleges, or use well-known search engines such as Bing, Ask or Google. Each online degree program will offer information on accreditation. The accrediting agency must be recognized by the U.S. Department of Education. The accrediting agencies mentioned above do not represent the full list of recognized accrediting agencies, so please visit the U.S. Department of Education website for details.
Tip: The average annual salary for strategy & economics professionals varies by company, geographic location, education, and years of experience. The salary range for this career field is $79,040-$85,000 in small markets, $90,000-$120,000 in mid-level markets, and $140,000-$232,000 in large markets.
