Compare MBA Degrees in North Carolina
$37,844
Average Tuition
$71,631
Average Starting Salary
561
Average GMAT Scores
428
Average Student Enrollment
Key Highlights:
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- Comprehensive comparisons and data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in North Carolina.
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- Detailed profiles of both online and on-campus MBA programs in North Carolina, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.
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- Insights into North Carolina's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.
North Carolina has a diverse economy that includes industries like finance, pharmaceuticals, technology, and food processing, among others. This variety makes it an ideal location for prospective MBA students with a wide range of interests and career aspirations.
Finance is a significant sector in North Carolina, especially in Charlotte, known as the second-largest banking center in the United States after New York. MBA students with a concentration in finance can benefit from numerous career opportunities in this field.
The state's Research Triangle Park is one of the largest research parks in the world, hosting over 200 companies. This makes North Carolina an excellent destination for MBA students specializing in innovation management or entrepreneurship.
North Carolina's food processing industry, particularly the processing of poultry and other livestock, is another area where MBA students specializing in supply chain management or operations could find substantial opportunities.
In the technology sector, North Carolina is home to a thriving scene of startups and tech companies. An MBA with a concentration in information systems or tech entrepreneurship could provide valuable opportunities in this area.
Find Online MBA Programs Now Accepting North Carolina Residents
Major Industries in North Carolina | Relevance to MBA Students |
---|---|
Finance | An MBA concentration in Finance can lead to opportunities in banking and financial services. |
Research and Development | Ideal for those with an MBA concentration in Innovation Management or Entrepreneurship. |
Food Processing | An MBA concentration in Supply Chain Management or Operations is beneficial in this industry. |
Technology | An MBA concentration in Information Systems or Tech Entrepreneurship is ideal for this sector. |
Top Hiring Companies in North Carolina | Why Work There |
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Bank of America | Offers a wide range of opportunities in financial management and consulting. |
Lowe's Companies | Provides opportunities in retail and supply chain management. |
Duke University | Offers roles in higher education administration and project management. |
SAS Institute | Provides opportunities in tech management at one of the world's largest private software companies. |
BB&T Corporation | Offers a wide array of roles in financial services and consulting. |
Pfeiffer University at Charlotte MBA
Executive Summary:
Pfeiffer University’s Charlotte School of Business, located in the vibrant city of Charlotte, North Carolina, offers a dynamic and innovative MBA program designed to develop ethical business leaders. Founded in 1885, Pfeiffer University has a long-standing commitment to providing transformative education rooted in Wesleyan values. The Charlotte campus, established in 1977, focuses on graduate and professional studies.
Key highlights:
- Accredited by the Accreditation Council for Business Schools and Programs (ACBSP)
- Flexible MBA program with multiple concentration options
- Strong emphasis on experiential learning and real-world application
- Diverse student body with a mix of working professionals and full-time students
- 36-credit hour program with evening and online course options
- Focus on developing servant leaders with a global perspective
- Small class sizes fostering close student-faculty interactions
- Strategic location in Charlotte’s thriving business district
The Pfeiffer MBA program stands out for its personalized approach, integration of ethics and leadership development, and strong connections to the Charlotte business community. With a commitment to accessibility and affordability, Pfeiffer provides a high-quality business education that prepares graduates to make a positive impact in their organizations and communities.
School Overview
Pfeiffer University’s Charlotte School of Business builds upon the university’s rich history of providing transformative education. Founded as a home school by Emily C. Prudden in 1885, Pfeiffer has evolved into a comprehensive university with a strong focus on professional studies and servant leadership.
Mission: Pfeiffer University delivers a transformational, personalized education wherein students are shaped by a gifted, diverse, and committed community of mentors. Graduates are prepared to lead, have the disposition to serve, and possess the wisdom and skills to facilitate health and prosperity throughout the region and the world.
The Charlotte campus, established in 1977, caters specifically to working professionals and graduate students. The School of Business embodies Pfeiffer’s commitment to developing ethical leaders who can navigate the complexities of the global business environment.
Accreditation: The business programs at Pfeiffer University are accredited by the Accreditation Council for Business Schools and Programs (ACBSP), ensuring that they meet rigorous standards of quality.
Rankings: While Pfeiffer’s MBA program may not appear in national rankings, it is recognized regionally for its quality and value. The school’s focus is on providing an accessible, high-quality education rather than chasing rankings.
Academic Programs
Pfeiffer’s Charlotte School of Business offers the following graduate programs:
Program | Highlights |
---|---|
Master of Business Administration (MBA) | – 36 credit hours – Evening and online options – Multiple concentration choices |
MBA/MS in Organizational Change | – Dual degree program – Focuses on leading organizational transformation |
MBA/MHA (Health Administration) | – Dual degree program – Prepares leaders for healthcare industry |
The MBA program allows students to customize their degree with concentrations in areas such as:
- Financial Fraud
- Global Leadership
- Health Administration
- Human Resource Management
Additionally, Pfeiffer offers a 3/2 program that allows students to earn both a bachelor’s degree in Business Management and Leadership and an MBA in just five years.
Curriculum and Pedagogy
Pfeiffer’s MBA curriculum is designed to provide a comprehensive understanding of business fundamentals while developing critical thinking and leadership skills. The program emphasizes:
- Experiential Learning: Case studies, team projects, and real-world consulting opportunities
- Ethical Leadership: Integration of ethics and social responsibility throughout the curriculum
- Global Perspective: Courses that address international business challenges and opportunities
- Technology Integration: Use of business analytics and digital tools in decision-making
The core curriculum covers essential business areas such as:
- Organizational Communications
- Managerial Accounting
- Business Agility
- Data-Informed Decision-Making
- Strategic Management and Leadership
Pfeiffer’s approach to teaching combines traditional lectures with interactive discussions, group work, and hands-on projects. The small class sizes allow for personalized attention and active engagement with faculty and peers.
Faculty and Research
The Charlotte School of Business boasts a diverse faculty with both academic credentials and real-world business experience. Many faculty members are active practitioners in their fields, bringing current industry insights into the classroom.
While specific research centers are not mentioned, faculty members engage in applied research that addresses practical business challenges. The school emphasizes the integration of research findings into the curriculum, ensuring that students benefit from the latest business insights and best practices.
Student Experience
Class Profile | Admissions Statistics |
---|---|
Average age: 32 | GMAT: Optional |
Work experience: 5-7 years (avg.) | Undergraduate GPA: 2.8 minimum |
International students: 15% | Application deadlines: Rolling admissions |
Student-to-faculty ratio: 15:1 | Letters of recommendation: 3 |
Pfeiffer’s MBA program attracts a diverse group of working professionals from various industries. The small cohort size fosters a collaborative learning environment where students can build strong relationships with peers and faculty.
Campus Life: While many students are working professionals, Pfeiffer offers opportunities for engagement through:
- Business-focused student organizations
- Networking events with local business leaders
- Community service initiatives
- Guest speaker series
Admissions Process:
- Online application
- Official transcripts
- Professional resume
- Three letters of recommendation
- Personal statement
GMAT scores are waived for applicants with significant work experience or a strong undergraduate GPA.
Global Focus
Pfeiffer’s MBA program emphasizes a global perspective throughout the curriculum. While specific international study programs are not mentioned, the school aims to prepare students for leadership in a global business environment through:
- Courses addressing international business challenges
- Case studies featuring global companies
- Faculty with international business experience
- Diverse student body providing cross-cultural perspectives
Career Development and Outcomes
Pfeiffer’s Career Services office provides support to MBA students and alumni through:
- One-on-one career coaching
- Resume and interview preparation
- Networking events with local employers
- Job search strategies and resources
While specific employment statistics are not publicly available, Pfeiffer emphasizes that its MBA graduates are well-prepared for leadership roles in various industries, including finance, healthcare, technology, and non-profit sectors.
Alumni Network
Pfeiffer University boasts a network of over 18,000 alumni worldwide. The Charlotte School of Business leverages this network to provide:
- Mentoring opportunities for current students
- Guest speakers for classes and events
- Networking events in the Charlotte area
- Job and internship connections
Notable alumni have gone on to leadership positions in companies across the Southeast and beyond, though specific names are not provided.
Leadership and Social Impact
Pfeiffer’s commitment to developing servant leaders is evident in its MBA program through:
- Integration of ethics and social responsibility in core courses
- Community service projects as part of the curriculum
- Focus on sustainable business practices
- Emphasis on stakeholder value creation beyond shareholder returns
The Francis Center for Servant Leadership at Pfeiffer provides additional resources and programming to support students’ development as ethical leaders.
Entrepreneurship and Innovation
While not a primary focus, Pfeiffer’s MBA program supports aspiring entrepreneurs through:
- Elective courses in entrepreneurship and innovation
- Guest speakers from the startup community
- Connections to local incubators and accelerators
- Faculty with entrepreneurial experience
Resources and Facilities
Pfeiffer’s Charlotte campus provides a modern learning environment tailored to working professionals, including:
- State-of-the-art classrooms with latest technology
- Computer labs with business software
- Group study spaces
- Library resources and databases
Tuition and Financial Aid:
Tuition and Costs | Financial Aid Options |
---|---|
Per credit hour: $875 | Federal loans |
Total program cost: $31,500 (36 credits) | Employer tuition reimbursement |
Fees: Minimal additional fees | Graduate assistantships |
Military benefits |
Pfeiffer is committed to making its MBA program accessible and affordable, offering various financial aid options and payment plans.
Partnerships and Collaborations
Pfeiffer’s Charlotte School of Business maintains strong connections with the local business community, including:
- Guest speakers from local companies
- Consulting projects with area businesses
- Internship opportunities with partner organizations
- Advisory board of business leaders providing industry insights
Unique Features and Traditions
- Servant Leadership Focus: Pfeiffer’s emphasis on ethical leadership and community service sets it apart from many other MBA programs.
- Flexible Program Design: Evening and online course options cater to working professionals.
- Small, Cohort-Based Classes: Foster strong relationships and networking opportunities.
- Integration of Faith and Learning: While not overtly religious, Pfeiffer’s Wesleyan heritage informs its approach to business education.
Conclusion
Pfeiffer University’s Charlotte School of Business offers a distinctive MBA program that combines academic rigor with practical application, all within a framework of ethical leadership and social responsibility. The program’s strengths lie in its:
- Flexible, accessible format for working professionals
- Strong emphasis on leadership development and ethics
- Small class sizes fostering close interactions
- Connection to Charlotte’s vibrant business community
- Commitment to affordability and value
While it may not have the national recognition of larger business schools, Pfeiffer’s MBA program provides a high-quality, personalized education that prepares graduates to make a positive impact in their organizations and communities. For students seeking a transformative business education grounded in values-based leadership, Pfeiffer’s Charlotte School of Business offers a compelling option in the heart of a major business hub.
Additional Information:
- School Control: Private, not-for-profit
- Student/Faculty Ratio: 15:1
- In-State MBA Tuition & Fees: $31,500 (calculated based on 36 credit hours at $875 per credit)
- Average GMAT Score: Optional (not required)
- Business School Enrollment: Specific numbers not provided, but includes both undergraduate and graduate programs
- Average MBA Starting Salary: Unknown (not publicly available)
- Total Concentrations: At least 4 (Financial Fraud, Global Leadership, Health Administration, Human Resource Management)
Citations:
[1] https://www.pfeiffer.edu/program/history/
[2] https://www.pfeiffer.edu/about-pfeiffer/mission-statement/
[3] https://www.pfeiffer.edu/academics/academic-departments/department-of-business/
[4] https://www.pfeiffer.edu/program/business-management-and-leadership/
[5] https://www.pfeiffer.edu/program/business-management-and-leadership-degree-completion-2/
[6] https://www.pfeiffer.edu/academics/undergraduate-programs/
[7] https://www.pfeiffer.edu/program/master-of-business-administration/
[8] https://www.pfeiffer.edu/academics/academic-centers/teaching-and-learning/
[9] https://mba.charlotte.edu/meet-our-team/faculty
[10] https://www.pfeiffer.edu/academics/academic-centers/
[11] https://www.pfeiffer.edu/student-life/charlotte/
[12] https://www.pfeiffer.edu/program/master-of-business-administration/mba-admissions-requirements/
[13] https://library.pfeiffer.edu/c.php?g=1024231&p=7419272
[14] https://www.pfeiffer.edu/program/business-administration-and-organizational-change-mba-msoc/
[15] https://www.pfeiffer.edu/directory/
[16] https://www.pfeiffer.edu/cpsc_program_type/charlotte/
RANKED 1
Duke University
The Fuqua School of Business
Institution
Institution Control: Private- AACSB Accreditation: Business
- Academic Year: Quarter
Student / Faculty Ratio
Institution: 9:1MBA Tuition & Fees
In-State Tuition: 157546Average GMAT Score
Average GMAT MBA: 718
RANKED 2
The University of North Carolina at Chapel Hill
Kenan-Flagler Business School
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
Student / Faculty Ratio
Institution: 10:1MBA Tuition & Fees
In-State Tuition: 102314Average GMAT Score
Average GMAT MBA: 706
RANKED 3
Queens University of Charlotte
McColl School of Business
Institution
Institution Control: Private- AACSB Accreditation: Business
- Academic Year: Semester
Student / Faculty Ratio
Institution: 9:1MBA Tuition & Fees
In-State Tuition: 41940Average GMAT Score
Average GMAT MBA: 645
RANKED 4
North Carolina A&T State University
Willie A. Deese College of Business and Economics
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
Student / Faculty Ratio
Institution: 19:1MBA Tuition & Fees
In-State Tuition: 13938Average GMAT Score
Average GMAT MBA: 684
RANKED 5
Wake Forest University
Schools of Business
Earn your MBA from one of the nation’s leading universities—on your schedule, from virtually anywhere. Our 100% online MBA empowers working professionals to become purpose-driven leaders who are ready to drive change, solve complex challenges, and make an impact in a global economy.
Make Connections that Matter: At Wake Forest, an MBA is about more than a degree—it’s about a community. Join our esteemed worldwide network of students, faculty, and over 80,000 alumni.
Gain In-Demand Skills: The online MBA program bridges strategy, finance, operations, marketing, management, and IT, with a pool of electives that lets you customize your degree to fit your career plans.
With an online MBA from Wake Forest University, you’ll gain the leadership, analytical, and technical expertise you can use to accelerate your career growth. You could position yourself for a promotion, increased compensation, and greater responsibilities—even while still in the program.
Enjoy 100% Online Flexibility
Study on your time while balancing your career and life responsibilities. Earn a respected degree from anywhere—no relocation required.
Make Your MBA Fit Your Life
Choose from 3 convenient start dates per year and begin when it fits your schedule, goals, and needs. Complete your MBA in just over 2 years with short, 7-week semesters.
Join the Wake Forest Community
Become part of an esteemed, interconnected global network of alumni. Grow your connections, enhance your career outlook, and make lasting relationships.
Awards
#28 In the U.S.
Earn your MBA at a school that’s been ranked in the top 30 for 25 years in a row.
#24 Best Value
Enjoy the highest academic quality, made affordable for working adults.
Master the Skills that Employers Rank Highest
Driven by market needs, the Wake Forest MBA helps you gain the expertise that matters most. Become a well-rounded leader who can make analytical decisions, drive innovation, and inspire progress and growth. The courses deliver a powerful blend of in-demand skills:
PRACTICAL
technology, business analytics, project management, operations, marketing, finance/economics
SOFT SKILLS
strategic-thinking, communication, teamwork, resilience, problem-solving, interpersonal
LEADERSHIP
managing strategy and innovation, decision-making, motivation and influence, ethics, globalism, inspiring and managing talent
Concentrations
Choose an optional concentration to develop specialized expertise in one of three high-demand areas. You can also pick electives from across the concentrations to build a plan of study that targets your individual goals.
Business Analytics
Gain the technical, problem-solving, communication, and managerial expertise to identify data-driven strategies, solve complex challenges, uncover emerging opportunities, and expand your impact. Learn the differences between an MBA with a concentration in business analytics and a master’s in business analytics (MSBA).
Finance
Develop the advanced skills and knowledge to make complicated financial decisions, analyze investments, manage risk, and maximize shareholder value. Learn more about the finance concentration.
Strategy and Leadership
Build the management, strategic decision-making, negotiation, and change management skills to take on top leadership roles with broad scope and responsibility. Learn more about the strategy and leadership concentration.
Learn From Expert, Market-Connected MBA Faculty
Wake Forest online MBA faculty members are dedicated teacher-scholars who understand what it takes to succeed in the business world.
Focused on Applicable Skills
Faculty infuse real-world scenarios and practical learning applications to deliver dynamic, engaging courses with actionable outcomes.
Experienced in the Field
As professors of practice, our faculty have led prominent companies, started their own successful businesses, and consulted for leading organizations around the world.
Committed to Excellence
Our professors are at the center of Wake Forest University’s commitment to teaching excellence. They are active in publishing and research, keeping you at the forefront of industry trends and developments.
Admissions Requirements:
- Bachelor’s degree from an accredited college or university
- Preference given to candidates with at least two years of postgraduate work experience prior to the program start date (exceptions made for those with nontraditional experience)
- Full-time employment (candidates not employed full time may receive approval)
Program Length: Just over 2 years
Tuition: $69,975
Total Program Credits: 45
Core MBA Course Credits: 36
- Diverse Teams
- Purpose and Ethics in Business
- Financial Management
- Information Technology Management
- Behavior and Leadership in Organizations
- Financial Accounting
- Business Analytics I
- Business Analytics II
- Managerial Accounting
- Introduction to Strategy
- Business Law
- Managerial Economics
- Global Strategic Management
- Marketing Management
- Operations Management
Concentration or Elective Credits: 9
Choose a concentration or select electives from any of the following areas to build a plan of study that targets your individual goals.
Business Analytics
- Data Management
- Analytics Software Technology
- Visual Analytics and Influencing
Finance
- Financial Modeling and Forecasting
- Advanced Financial Management
- Tactical Asset Allocation and Portfolio Management
Strategy and Leadership
- The Influential Leader
- Contemporary Issues in Leadership
- Mastering Strategy Execution
Graduate Outcomes
According to a global survey by the GMAC:
- 2 out of 3 MBA graduates say they earned more promotions than their peers without an MBA.4
- 87% of graduate business school alumni gained skills that advanced their career.5
What Are the Types of Federal and Private Funding for a Wake Forest MBA?
Federal Direct Unsubsidized Loans
Federal Direct Unsubsidized Loans are guaranteed government loans available to all U.S. citizens and legal residents. A completed Free Application for Federal Student Aid (FAFSA) form is required to determine eligibility. See studentaid.ed.gov for additional information, including current interest rates and origination fees.
Federal Direct Graduate Plus Loans
Graduate and professional students have an additional, affordable option for funding their education with the Graduate PLUS Loan, which is guaranteed by the federal government and has a fixed interest rate. An eligible student can borrow up to the cost of attendance minus any other aid received. A completed FAFSA is required to determine eligibility. See studentaid.gov for information.
Private Educational Loans
Private loans are another form of financial assistance for your business master’s degree. It is usually advantageous for students to pursue Federal Direct Unsubsidized Loans and Federal Direct Graduate PLUS Loans before seeking private loans. Visit www.elmselect.com to view the list of available lenders (if you wish to use another lender that is not on this list, you have the right to do so.)
Veterans Benefits
Wake Forest University is a partner in the Yellow Ribbon Program, sponsored by the United States Department of Veterans Affairs (VA). Eligibility for veterans benefits is assessed by the VA. We advise students to visit the VA website or their local VA office to begin the process for obtaining a Certificate of Eligibility (COE). This COE must be shared with the Financial Aid Office staff so funds can be requested on your behalf. For more information, visit benefits.va.gov/gibill/.
FAQ
Is a GMAT Required?
You are likely eligible to apply without a GMAT or GRE score, if you meet the following two parameters:
- Have 5+ years of full-time professional work experience
- Earned a GPA of 3.0 or higher
All applicants must take either the Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE). You may be eligible for a GMAT/GRE waiver based on years of work experience, advanced degree, undergraduate GPA, or other criteria. For consideration, request a waiver using the optional essay on the application, indicating reasons you feel you would be eligible.
Are Transfer Credits Accepted
The Wake Forest School of Business online MBA program is not eligible for transfer credits.
What are the Student Demographics?
The average class size for the online MBA is 33 students, with an average age of 34.7 years. Classes are generally comprised of approximately 33% female and 67% male students.
Below are the demographics of a typical class:
- Class size: 33
- Female: 33% | Male: 67%
- Age: 34.7
- GPA: 3.03
- Months of work experience: 124
- Universities represented: 116
- States represented: 28
*Source: Wake Forest Online MBA, Fall 2020 to Spring 2022.
How are the Classes Structured?
Each course is seven weeks, and you will take two to three courses each term (there are two terms per semester and seven semesters in total).
How Long Will It Take to Complete My MBA?
You can complete the online MBA program in just over two years. There are 18 total courses in the program for a total of 45 credits. Each course is seven weeks, and you will take two to three courses each term (there are two terms per semester and seven semesters in total).
Institution
Institution Control: Private- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
Student / Faculty Ratio
Institution: 11:1MBA Tuition & Fees
In-State Tuition: 79975Average GMAT Score
Average GMAT MBA: 590
RANKED 6
North Carolina State University
Poole College of Management
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
Student / Faculty Ratio
Institution: 23:1MBA Tuition & Fees
In-State Tuition: 55732Average GMAT Score
Average GMAT MBA: 554
RANKED 7
University of North Carolina Wilmington
Cameron School of Business
Institution
Institution Control: Public- AACSB Accreditation: Business
- Academic Year: Semester
Student / Faculty Ratio
Institution: 16:1MBA Tuition & Fees
In-State Tuition:Average GMAT Score
Average GMAT MBA: 590
RANKED 8
University of North Carolina at Charlotte
The Belk College of Business
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
Student / Faculty Ratio
Institution: 24:1MBA Tuition & Fees
In-State Tuition: 37946Average GMAT Score
Average GMAT MBA: 546
RANKED 9
Appalachian State University
Walker College of Business
Institution
Institution Control: Public- AACSB Accreditation: Business
- Academic Year: Semester
Student / Faculty Ratio
Institution: 14:1MBA Tuition & Fees
In-State Tuition: 17463Average GMAT Score
Average GMAT MBA: 532
RANKED 10
The University of North Carolina at Greensboro
Joseph M. Bryan School of Business and Economics
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
Student / Faculty Ratio
Institution: 21:1MBA Tuition & Fees
In-State Tuition: 25000Average GMAT Score
Average GMAT MBA: 525