Compare District of Columbia Online MBA Program Averages to Online and National Averages
$83,309
Average Tuition and Fees
$121,848
Average Starting Salary
639
Average GMAT Scores
355
Average Student Enrollment
Averages | District of Columbia | Online | US |
---|---|---|---|
Average MBA Tuition | $83,309 | $38,875 | $43,476 |
Average Graduate Salary | $121,848 | $121,848 | $81,243 |
Average Graduate ROI | 62% | 157% | 146% |
Average GMAT Scores | 639 | 557 | 561 |
Average Student Faculty Ratio | 12:1 | 17:1 | 16:1 |
Average Full-Time MBA Enrollment | 355 | 279 | 288 |
10 Ways Exceptional Value Meets Online MBA Affordability in District of Columbia
The District of Columbia is an excellent choice for future business leaders seeking affordable education. With annual tuition fees ranging from $9,140 to $76,410, DC’s business schools are a bargain compared to the national average of $56,850 for MBA programs. This affordability, paired with the city’s unique status as the nation’s capital, offers an unbeatable setting for business studies.
DC’s business schools align their programs with the city’s booming industries, including government, technology, and international business. Students benefit from a thriving job market with major employers like Danaher, Carlyle Group, and Fannie Mae. The district’s schools rank high in affordability and return on investment (ROI), giving students a competitive edge. Here are the top 10 benefits of pursuing a business degree in DC.
#1 Unmatched Access to Government and Policy Experts
Studying in DC means unparalleled access to government and policy experts. Schools like Howard University and American University are close to federal agencies and policymakers. Students can interact with government officials, attend congressional hearings, and intern at agencies such as the Department of Commerce or the World Bank. This experience is priceless for those looking to navigate the complexities of government contracts, regulatory compliance, or public-private partnerships.
#2 A Global Business View in a Diverse City
DC’s international vibe provides a global business perspective. Georgetown University and George Washington University excel in international business and diplomacy programs. Students engage with classmates from around the world, creating a global business environment in the classroom. Embassies and international organizations offer networking and guest lectures that bring global business trends to life. This exposure is crucial for those aiming to lead in multinational companies or international non-profits.
#3 A Thriving Tech and Entrepreneurship Scene
DC’s growing tech industry offers fantastic opportunities for business students. American University’s Kogod School of Business and George Washington University’s School of Business have strong connections with local tech incubators and accelerators. Students can enter startup competitions, meet venture capitalists, and even launch their own businesses. Proximity to government agencies also provides insights into tech policy and regulation, a big advantage in fields like cybersecurity, govtech, and smart city initiatives.
#4 Flexible Learning for Working Professionals
Many DC business schools offer flexible learning options for working professionals. Howard University and the University of the District of Columbia provide evening and weekend classes, as well as online and hybrid programs. This flexibility allows students to advance their education while keeping their jobs. Some programs even have accelerated tracks, helping students complete their degrees faster. This is especially valuable for those in government or non-profits looking to enhance their business skills without taking a break from their careers.
#5 Strong Alumni Networks in Key Sectors
The alumni networks of DC’s business schools are a huge asset, spanning government, non-profit, and private sectors. Georgetown University and George Washington University have extensive alumni networks reaching the highest levels of government and business. These connections offer mentorship, job leads, and industry insights. In DC’s relationship-driven business environment, who you know is just as important as what you know. Graduates gain a ready-made professional community that spans the globe.
#6 Specializations in Emerging Fields
DC’s business schools lead in emerging business trends, offering specializations that match the city’s strengths. American University’s Kogod School of Business has a concentration in Sustainability Management, while George Washington University focuses on Sports Management, leveraging DC’s professional sports scene. These innovative programs prepare students for future jobs in green technology, data analytics, and digital media. Specializing in these fields gives graduates a significant advantage in the job market.
#7 Real-World Learning Experiences
Practical, hands-on experience is a hallmark of DC’s affordable business programs. Howard University and the University of the District of Columbia emphasize experiential learning through consulting projects with local businesses and non-profits. These real-world experiences allow students to apply classroom theories to actual business challenges, building a strong portfolio before graduation. Some programs also offer international consulting projects, providing a global perspective on business problems. This approach ensures that graduates are job-ready and can immediately contribute to their careers.
#8 Access to Top Research and Thought Leaders
DC’s concentration of think tanks, research institutions, and policy centers gives business students access to cutting-edge research and thought leaders. Georgetown University and George Washington University host conferences and seminars featuring leading business thinkers and policymakers. Students engage with the latest ideas in behavioral economics, sustainable business practices, and artificial intelligence in business. This exposure ensures graduates are prepared to tackle modern business challenges.
#9 Focus on Ethical Leadership and Corporate Responsibility
In today’s world, corporate ethics and social responsibility are vital. DC’s business schools emphasize ethical leadership. American University’s Kogod School of Business and Howard University integrate ethics and corporate responsibility into their curricula. Students face real-world ethical dilemmas and learn to balance profit with social impact. This focus prepares graduates to lead with integrity and navigate the complex ethical landscape of modern business, a highly valued skill set for long-term career success.
#10 Great ROI and Career Outcomes
Despite their affordability, DC’s business schools offer impressive returns on investment. Georgetown University reports an average starting salary of $126,849 for its MBA graduates, while George Washington University’s graduates see a 94% salary increase post-MBA. Even more affordable schools like Howard University and the University of the District of Columbia have strong employment outcomes, with graduates securing positions in top firms and government agencies. Lower tuition costs and strong career prospects in DC’s robust job market ensure a solid return on educational investment, making these programs an excellent choice for aspiring business leaders.
Our Top 5 Picks for Affordable Online MBA Programs in District of Columbia
#1 in District of Columbia
Howard University
Howard University School of Business
- 2600 Sixth Street, Northwest, Suite 571, Washington, DC - 20059
- Institution Control: Private for-profit
- Academic Year:
- Accreditation: AACSB
- Award Levels: Dual-MBA, Integrated Undergraduate Masters, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Full-Time, Online
Business School Details
- Student / Faculty Ratio: 14:1
- Tuition and Fees: $71,204
- Total Enrollment: 1,068
- Concentrations: Accounting, Data Analytics, Entrepreneurship, Finance +6 more
- Ranking: US News, BW and MBAGuide
- Average GMAT Score: 521
- Graduate Salary: $127,223
- AACSB Accredited: Business and Accounting
- Graduate ROI: 89%
- MBAGuide Rankings:
Howard University School of Business is one of the top business schools in Washington D.C., blending academic brilliance with real-world experience. Right in the center of the nation’s capital, this school gives students unmatched access to international organizations, NGOs, and embassies, making it perfect for those interested in global business. The International Business program, one of the oldest in the country, uses these connections to give students crucial insights into the global market. Howard’s dedication to diversity and inclusion shines through its curriculum and student body, preparing graduates to excel in today's diverse business world. The school’s focus on technology, seen in its advanced Computer Information Systems program, ensures students are ready to lead in the digital era. Howard's impressive rankings, like #37 in U.S. News & World Report's Best MBA Programs for 2023, reflect its status as a top business school.
Prestigious AACSB Accreditation
Since 1976, Howard University School of Business has held the prestigious AACSB accreditation, proving its commitment to top-notch business education. This accreditation guarantees that students receive an education that meets strict academic standards, setting them up for success in the global business arena.
Strong Industry Connections
Being in Washington D.C. gives Howard students access to various industries, including government, non-profits, and multinational corporations. Howard uses these connections to provide internships, guest lectures from industry leaders, and networking events that can open doors to great careers.
Diverse Specialization Options
Howard offers many specializations, such as Accounting, Finance, International Business, Management, Marketing, and Supply Chain Management. These options let students customize their education to fit their career goals and interests, ensuring they are well-prepared for their future professions.
Innovative Curriculum
Howard’s curriculum is both comprehensive and forward-thinking. For example, the Computer Information Systems program pushes students to use different analytical techniques to solve tech problems and create competitive advantages for businesses. This emphasis on innovation ensures graduates have the skills needed to thrive in today’s fast-changing business world.
Global Perspective
Howard’s International Business program, one of the nation’s oldest, takes full advantage of its location in Washington D.C. Students get exposure to international organizations, NGOs, and embassies, gaining a global perspective that is crucial in today’s interconnected business world.
Career Development Support
Howard offers strong career development services, including resume workshops, interview prep, and job fairs. These resources, combined with a powerful alumni network, give students excellent opportunities for career growth and professional advancement.
Affordable Tuition
Despite its prestigious reputation, Howard University School of Business offers competitive tuition rates. This makes it an appealing choice for students seeking a top-quality business education without massive student debt.
#2 in District of Columbia
American University
- 4400 Massachusetts Avenue, Northwest, Washington, DC - 20016-8044
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: Dual-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate, Undergraduate Certificate
- Offered as: Campus, Distance Education, Full-Time, Online, Part-Time
Business School Details
- Student / Faculty Ratio: 8:1
- Tuition and Fees: $98,282
- Total Enrollment: 1,631
- Concentrations: Accounting, Data Analytics, Entrepreneurship, Ethics +10 more
- Ranking: Forbes, BW and MBAGuide
- Average GMAT Score: 668
- Graduate Salary: $105,666
- AACSB Accredited: Business
- Graduate ROI: 54%
- MBAGuide Rankings:
American University's Kogod School of Business is a top-notch choice for students wanting a value-packed business education right in the heart of Washington, DC. As the oldest accredited business school in the capital, Kogod uses its unique spot at the crossroads of business, government, and society to give students unbeatable opportunities. The school's focus on hands-on learning and its strong industry connections give students a leg up in the job market. With a variety of concentrations like accounting, finance, marketing, and technology, Kogod aligns perfectly with major DC industries such as government, consulting, and tech. Its prime location means students have amazing access to internships and networking with big players like Fortune 500 companies, government agencies, and non-profits. Known for innovation, Kogod is a top program for data science and ranks high in diversity and sustainability. By using business to make a meaningful impact, Kogod prepares students to tackle global challenges and succeed in their careers.
Unmatched Opportunities in Washington, DC
Kogod's spot in the nation's capital offers students unique access to a lively international community and diverse market opportunities. Being close to government agencies, international organizations, and major companies means students get unmatched networking and internship chances. This strategic location helps Kogod deliver an MBA experience that dives into real-world business challenges and opportunities from day one, making it stand out from other business schools.
Hands-On Learning Experiences
At Kogod, learning by doing is key. Students get to dive into a range of hands-on experiences, from internships and pro bono consulting projects to international immersion programs. The Veloric Center for Entrepreneurship helps students launch successful ventures, while capstone projects and practicums let them apply classroom knowledge to real-world situations. This practical focus ensures Kogod grads are ready for the business world's challenges.
Strong Industry Ties
Kogod has built strong relationships with various industries, giving students valuable connections and career opportunities. Partnerships with companies like Beacon Building Products, which offers paid internships, show Kogod’s commitment to connecting academia and industry. These connections not only enhance learning experiences but also boost employability after graduation.
Diverse and Inclusive Community
Kogod prides itself on a diverse and inclusive community that mirrors the global business world. The school’s high rankings for diversity in MBA programs show its dedication to this. This inclusive environment prepares students to work effectively in multicultural settings and provides varied perspectives on business challenges and solutions.
Flexible Learning Options
Understanding that students have different needs, Kogod offers flexible learning options to fit various lifestyles and career goals. The school has part-time, full-time, and online programs, allowing students to balance education with personal and professional commitments. The curriculum is flexible too, with a wide range of electives and specializations to let students tailor their education to their interests and career goals.
#3 in District of Columbia
The George Washington University
- Duquès Hall, Suite 660, Washington, DC - 20052
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, Graduate Level Certificate, Masters in Business, Masters Specialist, Non-MBA, Undergraduate
- Offered as: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 11:1
- Tuition and Fees: $113,090
- Total Enrollment: 2,984
- Concentrations: Accounting, Communications, Data Analytics, Economics +13 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 669
- Graduate Salary: $115,951
- AACSB Accredited: Business and Accounting
- Graduate ROI: 51%
- MBAGuide Rankings:
The George Washington University School of Business (GWSB) is a must-consider option for future business leaders. Its curriculum is a combination of intensive academics and real-world experiences. Located just a short walk from big organizations like the World Bank, IMF, and State Department, GWSB gives students an amazing chance to dive into the world of business and policy-making. This prime location lets students use the school's vast network and interact with major players in the global economy. With various concentrations such as business analytics, entrepreneurship, and finance, GWSB is perfectly in sync with the bustling industries in the capital, building strong ties with both public and private sectors. The school's dedication to innovation and excellence is clear from its high rankings among business schools worldwide, showcasing its commitment to prepping students for the fast-paced business world.
Top-Notch Faculty and Research
GWSB has a team of top scholars and industry veterans who bring the latest research and real-world insights to their teaching. Students get to work closely with these experts, joining groundbreaking research projects and industry collaborations. This not only boosts their learning but also offers great networking chances that can shape their careers.
Perfect Location in Washington, D.C.
Being in Washington, D.C., GWSB offers students a special edge in understanding how business, policy, and global affairs mix. This close proximity to key decision-makers and international organizations provides amazing opportunities for internships, guest lectures, and networking with influential leaders from various sectors.
Real-World Learning in the Curriculum
GWSB’s curriculum is designed to mix theoretical knowledge with practical skills, ensuring students are ready for modern business challenges. The school offers hands-on experiences through case studies, consulting projects, and simulations, letting students apply what they learn in real-world scenarios. This method builds critical thinking and problem-solving skills crucial for today’s business success.
International Focus and Opportunities
Understanding the need for a global perspective, GWSB offers many international programs and exchange opportunities. These initiatives help students gain valuable cross-cultural experiences, grow their professional networks, and understand global markets better. The diverse student body further enhances this international outlook, creating a multicultural learning environment.
Strong Alumni Network and Career Support
GWSB is proud of its wide-reaching alumni network that spans various industries and continents. This powerful network offers students mentorship, job leads, and insights into different career paths. The school’s career services team provides personalized support, guiding students from internships to full-time jobs in their chosen fields.
#4 in District of Columbia
Georgetown University
- 37th and O Street, NW, Washington, DC - 20057-1147
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: E-MBA, Masters in Business, Masters Specialist, Undergraduate
- Offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 13:1
- Tuition and Fees: $124,814
- Total Enrollment: 3,216
- Concentrations: Accounting, Consulting, E-Commerce, Economics +18 more
- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
- Average GMAT Score: 697
- Graduate Salary: $138,552
- AACSB Accredited: Business
- Graduate ROI: 56%
- MBAGuide Rankings:
Georgetown University's McDonough School of Business is a top pick for students wanting a stellar business education in Washington, D.C. This prime location gives students incredible access to business, government, and international leaders, making for a rich and varied learning experience. McDonough's dedication to shaping global-ready leaders shows through its wide range of international consulting projects and global social internships. The school combines business with other fields like foreign service, public policy, and sustainability, aligning well with D.C.'s key industries. With Jesuit values stressing ethical leadership and the common good, McDonough prepares students to tackle tough global issues where business, policy, and society intersect. Its high rankings and successful graduates speak to its academic excellence.
Exceptional Global Exposure
Being in Washington, D.C. gives McDonough students unique chances to interact with global institutions and leaders. The school hosts over 200 guest speakers each year, attracting dignitaries, business executives, and thought leaders to campus. This, along with international consulting projects and global internships, ensures students get a truly global business perspective.
Interdisciplinary Learning Opportunities
McDonough offers many ways for students to study business from different angles. Undergrads can join the innovative Dikran Izmirlian Program in Business and Global Affairs, while MBA students can pursue dual degrees in foreign service, public policy, law, and medicine. These programs, designed and taught by professors from various Georgetown schools, provide a unique mix of business, geopolitics, and specialized knowledge.
Strong Industry Connections and Career Success
Georgetown McDonough graduates achieve impressive career outcomes. With 93.8% of MBA grads landing jobs within three months of graduation, the school ranks among the top ten for MBA placement in the U.S. Partnerships with leading organizations offer students plenty of networking, internships, and career growth opportunities. Top consulting firms and tech giants like Amazon are among the notable recruiters, highlighting the school's strength in these sectors.
Innovative Research Centers and Initiatives
McDonough hosts several faculty-led centers and initiatives driving cutting-edge research and hands-on learning. These include the AI, Analytics, and the Future of Work Initiative, the Business of Sustainability Initiative, and the Georgetown Entrepreneurship program. These centers contribute to the school's thought leadership and give students real-world business challenges and emerging trends to engage with.
Generous Scholarship Opportunities
Georgetown McDonough provides numerous scholarships to support students' education. These include merit-based awards like the McDonough MBA Alumni Advisory Council (MAAC) Scholarship, the Modus Create Endowed MBA Scholarship for Latin American students, and partnerships with organizations like the National Black MBA Association. The school also participates in the Yellow Ribbon Program, offering significant support for military veterans. These scholarships make the program more accessible and reflect McDonough's commitment to a diverse and inclusive learning environment.
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Keri Baker is a Pittsburgh, Pennsylvania-based freelance copywriter and MBA-graduate who loves writing about productivity. When she’s not listening to productivity podcasts or researching Apple products, you can find her chasing her pups around or volunteering at the local homeless mission. Feel free to find Keri on Twitter or Instagram @techgirlpgh.