University of Delaware Lerner College of Business Review

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Posted On: October 16, 2017 by Henry R. Steele

University of Delaware is a public university that was established in 1743. Currently it is ranked #81 in National Universities according to the 2018 Education of Best Colleges by US News and World Report. Its online MBA program currently is ranked #65 according to US News and World Report. All MBA programs are housed within the Alfred Lerner College of Business and Economics.

Favorite Features

Online MBA can be earned in only 16 months in some cases

Most MBA students online are working at least part time. It is important to many of them to earn a rigorous MBA degree as fast as possible. This online MBA can be earned in as few as 16 months for students who are able to attend full time throughout the year.

Business school is accredited by the AACSB

The Alfred Lerner College of Business and Economics is accredited by the AACSB. This is the top, most respected business education accreditation agency in the world. If your program and business school are accredited by the AACSB, it means that it has met the highest quality standards in the business education space.

Learn more about AACSB vs ACBSP for Online MBA Accreditation

This is significant because it gives you the confidence that you are spending your time and money on a rigorous degree. It also means that your future possible employers will have respect for the degree, so there is a higher chance of getting a job and possibly promoted.

Affordable tuition for online MBA program

It is important to look closely at how much the tuition and other costs are for earning an MBA, compared to what your starting and mid career salary will be.

Review 25 Affordable Online MBA Degree Programs for 2018

US News and World Report states that the in state and out of state tuition per credit hour is $813. This means that the total cost of tuition for this MBA is in the range of $30,000 to $35,000. This is an affordable MBA compared to others than can run $100,000 or more.

Higher than average level of student work experience

One of the advantages of earning your MBA is that you have the opportunity to learn and network not just from your professors but from other students. This holds true for online MBA programs as well. The more work experience your fellow students have, the better of a resource they may be for you throughout the program.

See more about Benefits of an Online MBA

There are some MBA programs that require three years or even less of work experience to be admitted. This program has an average of 72 months of experience among recent students, which is a solid six years.

Least Favorite Features

Average faculty credentials and training

US News and World Report states that the University of Delaware’s MBA program’s faculty credentials and training is ranked #82 out of all online MBA programs surveyed. This suggests that the credentials of the business school professors are of average quality.

Generally, the best online MBA programs attract the best quality and experienced business professionals and professors. The University of Delaware appears to be fairly average in this regard.

Low student engagement rank and score for online MBA

US News and World Report states that this program’s student engagement rank and score are average at best. The student engagement rank is #105 and its student engagement score is 61 out of 100. This measures student satisfaction and the responsiveness of the instructors.

Why is this significant? When you are taking an online MBA, you are by definition more isolated from your peers and professors than you would be if you were taking the classes in person. It is important that the program and professors make strong efforts to engage with you and to answer you when you attempt to make contact.

The best online MBAs feature highly responsive instructors who are available quickly when students reach out online. This program may leave online students ‘hanging’ to a certain degree, which can be a problem in the middle of a challenging course or at exam time.

GMAT or GRE scores are required for admission

Unlike some online MBA programs, GRE or GMAT scores are still required for admission at the University of Delaware. This means that you will have to spend time and money studying for this examination.

Not sure about the GMAT? Find 25 AACSB Online MBA Programs with no GMAT

The Details

General Information

  • Founded in 1743
  • University type: Public
  • Application deadline: Rolling
  • Application fee: $50
  • Term Schedule: Semester
  • Location: Newark, DE
  • Overall acceptance rate: 15:1

Tuition Rates

  • Online – $813 per credit hour

Business Degrees

  • Online, full time, and part time MBA

Class Profile

  • 58% of all students are female
  • 96% of all university graduates are employed or seeking more education
  • Average undergraduate salary is $55,000
  • Average MBA graduate’s salary is $90,200

MBA Specializations

Graduation and Retention Rates

  • 4 year graduation rate at entire university is 71%, which is above average
  • 92% of students stay after their freshman year, which is excellent
  • 19% of students fail to graduate within 150% of the expected time, which is about average when compared to other programs

US News Rankings

  • National universities: 81
  • Online MBA programs: 65
  • Best colleges for veterans: 44
  • High school counselor rankings: 90

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Henry R. Steele
Henry R. Steele
Managing Editor
Henry is Managing Editor of BusinessStudent.com. He is a seasoned business professional who regularly consults with local business's throughout Southern California. Henry pursued his undergrad in Business and Economics at the University of San Diego and gained valuable life changing experience through a unique internship upon graduation.Follow on Twitter.com

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