Originally founded in 1885 with the unique mission of educating engineers for Michigan’s copper mining industry, Michigan Technological University has grown into an institution ranked by the Princeton Review as one of the best in the Midwest, with research credentials to rival many better-known universities. While the College of Engineering remains its largest body, the university has a reputation for innovation and invention science, business, forestry, and environmental science.
The AACSB-accredited School of Business and Economics offers a Tech MBA online over six semesters and three residencies. While three residencies is unusual for an online program, these real-world experiences provide the distance-learner with experience comparable to a full-time student, with the benefits and perceived value that come with a traditional MBA. These residencies include a weekend business simulation, a week-long leadership summit (both at Tech), and a week-long visit to another country to experience global business practices. Online students receive attention comparable to the attention given to resident students, including networking opportunities, career advisors, technology specialists, and a communications coach.
Application packets require:
• Application (online or paper; online applications are free)
• Official transcripts
• Statement of purpose
• Two letters of recommendation
Costs include $41,000, including tuition, hotels, and meals during residencies. In addition to usual loan and payment programs, the School of Business offers many incentives in the form of tuition reductions. Students who refer other students to the online MBA receive discounts in tuition; students who apply early also receive deductions in cost, according to how early they apply. Veterans can apply for the National Service Graduate Fellowship for $2,000 off their tuition.