East Caroina also finished less than one point out of first place, but had to settle for third among AACSB-accredited schools offering online MBAs. This article profiles the school.
East Carolina University was founded in 1907 as a training school for teachers, with its first classes beginning in 1909. The original name was East Carolina Teachers Training School, changed to East Carolina Teachers College, then East Carolina College, and finally East Carolina University in 1967.
ECU’s Business School was founded in 1936, offers full-time and online MBA degrees. ECU allows students to take from one to five courses per semester, with concentrations available in Accounting (with undergraduate degree in Accounting), or General Business MBA, with optional certificates available in Finance, Environmental Planning, Health Care, Hospitality Management, Management Information Systems, Professional Investment, Security Studies, Sport Management, and Supply Chain Management for additional classwork.
ECU also offers an MBA for medical students. According to the AACSB, the average GMAT score of ECU’s MBA students is 526; ECU says the minimum acceptable GMAT score is 500.
According to the AACSB, 854 of 3,444 total students are MBA students (24.79%).
Tuition for MBA students at ECU is $219 per semester hour for North Carolina residents, and $725 per semester hour for out-of-state students. ECU offers scholarships to MBA Students, but only five a year for merit and five a year for need. Assistanships are avaiable only to full-time MBA students. Waiver for the out-of-state premium is considered only for a limited number of applicants, and requires at least a 650 GMAT score for consideration.
Twenty classes minimum must be taken for the ECU MBA, so tuition for in-state online students would cost $13,140, and out-of-state students would need to pay $43,500. The additional courses for specific concentrations would add about $1,971 to an in-state student’s tuition cost and another $6,525 to an out-of-state student’s total tuition. That does not include course materials, though, so with 20 classes you’re looking at about another $4,000 in textbooks and supplemental material, so the actual price tag is around $19,111 for an in-state ECU MBA, and 54,025 for an out-of-state MBA from East Carolina University.