Iowa’s strong agricultural sector, coupled with its expanding tech industry, offers numerous opportunities for MBA graduates. Programs like the University of Iowa’s Tippie College of Business and Iowa State University’s College of Business online MBAs are designed with the state’s economic strengths in mind, featuring specialized coursework in agribusiness management and data analytics. These programs cater to working professionals who want to advance in Iowa’s diverse economy, which includes key employers such as Principal Financial Group and Rockwell Collins. The flexibility of online learning enables students to balance their studies with work commitments while acquiring skills directly applicable to Iowa’s evolving business landscape.
In 2023, Iowa’s economy, with a GDP of $200.44 billion, began to undergo significant transformation. Agriculture, being its cornerstone, contributes to about 5% to the state’s GDP. However, sectors like advanced manufacturing, biosciences, and information technology are growing rapidly. This economic diversification creates a dynamic environment for MBA students, leading to opportunities in both traditional and emerging industries. In addition, Iowa’s central location in the Midwest and its relatively low cost of living make it a practical destination for businesses and professionals.
5 Benefits of Online MBA Programs in Iowa
#1 Affordable Tuition Rates
Iowa’s online MBA programs offer competitive tuition rates, making quality education accessible to a wider range of students. The University of Iowa’s Tippie College of Business online MBA program, for instance, provides in-state tuition rates to all online students, regardless of their location. This approach reduces the financial burden for out-of-state students. Similarly, Iowa State University’s College of Business offers a flat tuition rate for its online MBA program, which is lower than many comparable programs nationwide. These affordable options allow students to invest in their education without accumulating excessive debt, enhancing the overall return on investment for their MBA degree.
#2 Specializations in Agricultural Business
Given Iowa’s strong agricultural heritage, many online MBA programs in the state offer unique specializations in agricultural business and related fields. The Iowa State University College of Business, for example, provides a specialization in Food and Agribusiness Management as part of its online MBA program. This specialization equips students with the skills to navigate the complex business landscape of modern agriculture, from supply chain management to commodity trading. The University of Iowa’s Tippie College of Business also incorporates agricultural business concepts into its curriculum, reflecting the state’s economic priorities. These specialized offerings prepare graduates for leadership roles in Iowa’s robust agribusiness sector, which includes major companies like Pioneer Hi-Bred International and Kemin Industries.
#3 Focus on Technology and Data Analytics
Iowa’s online MBA programs have adapted to the state’s growing technology sector by incorporating strong emphases on data analytics and technology management. The University of Iowa’s Tippie College of Business offers a Business Analytics track within its online MBA program, providing students with advanced skills in data-driven decision making. Iowa State University’s College of Business also integrates data analytics throughout its curriculum, preparing students for the increasingly data-centric business world. This focus on technology and analytics aligns with Iowa’s emerging tech hubs in cities like Des Moines and Cedar Rapids, where companies like Workiva and Dwolla are driving innovation. Graduates with these skills are well-positioned for roles in Iowa’s growing tech ecosystem.
#4 Strong Alumni Networks
Online MBA programs in Iowa boast extensive alumni networks that span various industries and geographic locations. The University of Iowa’s Tippie College of Business, with over 50,000 alumni worldwide, provides students with access to a vast network of professionals. Iowa State University’s College of Business also maintains a robust alumni network, offering mentorship programs and networking events that connect current students with successful graduates. These networks are particularly valuable in Iowa’s close-knit business community, where personal connections can often lead to career opportunities. Alumni from these programs often hold leadership positions in major Iowa-based companies like Principal Financial Group and Meredith Corporation, providing current students with invaluable insights and potential career paths.
#5 Strong Job Placement and Career Services
Iowa’s online MBA programs are known for their robust career services and strong job placement rates. The University of Iowa’s Tippie College of Business boasts impressive employment statistics, with over 90% of MBA graduates securing employment within three months of graduation. Iowa State University’s College of Business offers comprehensive career coaching and job search assistance, helping students leverage their MBA to advance their careers in Iowa’s diverse economy. These services are particularly valuable given Iowa’s low unemployment rate and growing demand for skilled business professionals across various sectors, from advanced manufacturing to financial services.
The best online MBA programs has in-state tuition rates often extended to online students and programs that can be completed in as little as two years. Indeed, these MBAs provide excellent value. The University of Iowa’s Tippie College of Business and Iowa State University’s College of Business, both highly ranked institutions, offer curricula that blend core business principles with specialized tracks in areas like data analytics and agricultural business management. These programs reflect Iowa’s unique economic landscape, preparing graduates for leadership roles in the state’s thriving sectors such as agribusiness, renewable energy, and technology. With strong job placement rates and average starting salaries competitive with national averages, Iowa’s online MBA programs offer a solid return on investment. The state’s growing economy, with major employers like Principal Financial Group and John Deere, provides ample opportunities for MBA graduates to apply their skills and advance their careers.
3 Best Online MBA Programs in Iowa
#1 in Iowa
The University of Iowa
108 Pappajohn Business Bldg., Suite C120, Iowa City, IA - 52242- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate, Undergraduate Certificate
- Offered as: Campus, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership, Weekends
Business School Details
Student / Faculty Ratio: 17:1
Tuition and Fees: $23,453
Total Enrollment: 5,105
Concentrations: Accounting, Communications, Economics, Finance +5 more- Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
Average GMAT Score: 650
Graduate Salary: $112,820- AACSB Accredited: Business and Accounting
- Graduate ROI: 241%
- MBAGuide Rankings:
Student / Faculty Ratio: 17:1
Tuition and Fees: $23,453
Total Enrollment: 5,105
Concentrations: Accounting, Communications, Economics, Finance 
Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
Average GMAT Score: 650
Graduate Salary: $112,820Online MBA Overview
Launched in 2019, the University of Iowa's Tippie College of Business offers a highly flexible online MBA program that caters to working professionals. The program quickly gained recognition for its innovative approach, ranking #29 among the Best Online MBA Programs by U.S. News & World Report. The Iowa MBA empowers students to customize their learning experience, allowing them to select courses entirely online or opt for in-person attendance. With a focus on small class sizes of fewer than 40 students, the program ensures personalized attention and quality education delivery. The curriculum is regularly updated through partnerships with industry leaders, offering 12 certificates in areas such as Business Analytics, Finance, and Marketing.
Total Credits: 45
Estimated Cost Per Unit: $750 (in-state and out-of-state)
Academic Year: Quarter
Duration: 2-10 years
Platform Used: Contact School for Latest Information
Accreditation: AACSB
Online Application Deadline: Rolling
GMAT Required: Optional
In-Person Requirements: None
Capstone Project/Thesis: Contact School for Latest Information
Average Work Experience: Contact School for Latest Information
Online Specializations: Entrepreneurship, Finance, General Management, Leadership, Accounting, Health Care Administration, Insurance, Marketing
Why Choose University of Iowa Tippie College of Business?
- Innovative Curriculum Design: Courses are redeveloped on a three-year cycle in partnership with Iowa's Distance and Online Education group, ensuring up-to-date content and engaging learning experiences.
- Extensive Certificate Options: The program offers 12 certificates developed with industry partners, allowing students to specialize in high-demand areas and quickly upskill.
- High-Touch Student Support: Despite its growth, the program maintains a high-touch environment with synchronous sessions led by professors and capped class sizes.
The University of Iowa's Tippie College of Business online MBA program places emphasis on innovation and student success. The program's unique approach to curriculum design, with regular updates and industry partnerships, ensures that students receive cutting-edge education relevant to today's business landscape. The extensive range of certificate options allows for targeted skill development, while the high-touch support system maintains a personalized learning experience despite the program's growth. For professionals seeking a flexible, affordable, and high-quality MBA education, the Iowa MBA offers a great choice that combines theory with practical, career-focused learning.
University of Iowa | Tippie College of Business | USNews.com | Poets&Quants | The Princeton Review | Association to Advance Collegiate Schools of Business
Data collection completed: July 24, 2024
#2 in Iowa
Iowa State University
- 2167 Union Drive, Iowa City, IA - 50011
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, E-MBA, Graduate Level Certificate, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership, Weekends
Business School Details
- Student / Faculty Ratio: 18:1
- Tuition and Fees: $29,966
- Total Enrollment: 4,682
- Concentrations: Accounting, Actuarial Science, Business Analytics, Data Analytics +11 more
- Ranking: US News and MBAGuide
- Average GMAT Score: 609
- Graduate Salary: $75,552
- AACSB Accredited: Business and Accounting
- Graduate ROI: 126%
- MBAGuide Rankings:
Online MBA Overview
Iowa State University's Ivy College of Business's top-ranked online MBA program placed 48th among the "50 Best No-GMAT Online MBA Programs for 2024" by College Consensus. The program, taught by internationally-known faculty, focuses on developing strategic thinking and problem-solving skills for working professionals. Students can choose between a fully online pathway or a hybrid option with weekly in-person classes in Des Moines. The Ivy MBA has been voted Best MBA Program in Des Moines for six consecutive years by Des Moines Business Record readers, highlighting its strong local reputation and industry connections.
Total Credits: 30
Estimated Cost Per Unit: $722 (in-state and out-of-state)
Academic Year: Semester
Duration: Flexible, part-time
Platform Used: Contact school for latest information
Accreditation: AACSB (business and accounting)
Online Application Deadline: Rolling admission
GMAT Required: No
In-Person Requirements: None for online pathway; weekly classes for hybrid option
Capstone Project/Thesis: Contact school for latest information
Average Work Experience: Minimum of two years professional experience
Online Specializations: Accounting, Business Analytics, Finance, Information Systems, Marketing, Leadership, Supply Chain Management, Real Estate Development, Accounting Analytics, Entrepreneurship, Healthcare Analytics and Operations
Why Choose Iowa State University?
- Dual AACSB Accreditation: The Ivy College of Business is among only 2% of business schools worldwide accredited in both business and accounting.
- Flexible Learning Options: Students can choose between a fully online program or a hybrid format with weekly in-person classes in Des Moines.
- Extensive Specialization Choices: The program offers 11 specialization options, allowing students to tailor their MBA to their career goals.
Iowa State University's online MBA program's flexibility caters to working professionals, allowing them to balance their studies with career commitments. With its top-50 ranking and diverse specialization options, the Ivy MBA equips students with the skills and network needed to advance in today's competitive business landscape.
Iowa State University | Ivy College of Business | U.S. News & World Report | Association to Advance Collegiate Schools of Business
Data collection completed: July 24, 2024
#3 in Iowa
Drake University
College of Business and Public Administration
- Aliber 205A, Des Moines, IA - 50311-4505
- Institution Control: Private
- Academic Year:
- Accreditation: AACSB
- Award Levels: Dual-MBA, Masters in Business, Masters Specialist, Undergraduate
- Offered as: Campus, Evenings, Full-Time, Off Campus, Online, Part-Time, Weekends
Business School Details
- Student / Faculty Ratio: 11:1
- Tuition and Fees: N/A
- Total Enrollment: 979
- Concentrations: Accounting, Actuarial Science, Data Analytics, Economics +16 more
- Ranking: MBAGuide
- Average GMAT Score: 510
- Graduate Salary: $79,500
- AACSB Accredited: Business
- Graduate ROI: %
- MBAGuide Rankings:
Online MBA Overview
Drake University's online Master of Business Administration program, offered through the College of Business and Public Administration, provides a flexible and customizable learning experience for working professionals. The program is ranked #58 in Best Online MBA Programs by U.S. News & World Report for 2023, moving up 22 spots from the previous year and claiming the top spot in Iowa. With a low 11:1 student-to-faculty ratio, students benefit from personalized attention and mentorship. The curriculum focuses on developing effective communicators, ethical stewards, data-driven problem solvers, and global citizens. Drake's online MBA allows students to tailor their degree with various areas of emphasis, including accounting, business analytics, healthcare management, and cybersecurity management.
Total Credits: 36
Estimated Cost Per Unit: $718
Academic Year: Semester
Duration: 2 years (part-time)
Platform Used: Blackboard
Accreditation: AACSB
Online Application Deadline: Rolling admissions
GMAT Required: No
In-Person Requirements: None
Capstone Project/Thesis: Yes - Strategic Business Processes capstone course
Average Work Experience: Contact School for Latest Information
Online Specializations: Accounting, Business Analytics, Health Care Management, Cybersecurity Management, Leadership & Human Capital Development, Public and Nonprofit Management, Individualized
Why Choose Drake University?
- Expert Faculty: Learn from recognized scholars and experienced practitioners in the field of business.
- Customizable Curriculum: Tailor your degree with various areas of emphasis to align with your career goals.
- Asynchronous Learning: Benefit from fully online, asynchronous courses that offer flexibility for working professionals.
Drake University's online MBA program is committed to developing students' ethical leadership and data-driven decision-making. Such emphasis prepares graduates to tackle complex business challenges in today's evolving marketplace. With its top ranking in Iowa and competitive positioning nationally, Drake's online MBA offers a blend of theoretical competence, flexibility, and real-world applicability for aspiring business leaders.
Drake University | College of Business and Public Administration | U.S. News & World Report | Association to Advance Collegiate Schools of Business
Data collection completed: July 24, 2024
How We Rank the Best Online MBA Programs in Iowa
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
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Rebecca Smith-Allen solved business problems across a variety of industries as a McKinsey consultant before discovering her true passion was writing. Now, Rebecca brings together her love of drafting clear, concise, and persuasive text with her business background as a freelance writer. She focuses on content management, website content, and boosting message visibility via social media. Rebecca earned her B.A. in Economics from Wellesley College and her MBA from the Tuck School of Business at Dartmouth. In her spare time, Rebecca writes young adult speculative fiction.