Online Dual MBA Programs

Earning an advanced degree like a master of business administration (MBA) can be a strong investment. Graduate degree-holders often earn more money and hold higher-level positions than professionals with only undergraduate credentials. Online MBA programs teach advanced knowledge of business and can be useful in many sectors.

In a dual degree MBA program, you can combine the MBA with another degree, earning two distinct credentials. This is different than double majoring, where you earn one degree that includes two disciplines.

Earning a dual MBA degree online can save you time and money. The MBA degree is one of the most common partner degrees. You can pair it with a JD, MSF, MS, and MHA. You can even pair an MBA with a Ph.D. Yale, for example, offers a dual MBA/Ph.D. program through its School of Management.

Read on to learn more about online dual MBA degrees. Discover some of the many online dual degree options available, and determine which one is right for you.

A dual MBA program lets you specialize in two areas at once, enhancing your knowledge, skills, and credentials. Online dual MBA degree programs can help you to advance in your career and increase your earning potential, often at your own pace from the comfort of your home or anywhere you choose to study.

Students in dual degree programs can also save time and money on tuition by sharing coursework between the two degrees over the course of 2-3 years rather than earning two degrees separately, which could take four years.

While few jobs require two graduate degrees, a dual MBA degree can open many doors. One popular online dual degree is the JD/MBA, for example, which can help students begin careers in law and/or business.

These degrees can also offer a strong return on investment. Dual MBA degrees lead to career growth, often resulting in pay bumps. And a dual degree can also help you stand out while job hunting.

Before applying to an MBA dual degree program, make sure to verify that the school and course of study are accredited. When a school is accredited, it meets a certain standard of academic quality. If you attend a school that isn’t accredited, you may have trouble finding a job or transferring credits should you choose to pursue additional education.

Also, keep in mind that MBA dual degree programs may have different admissions requirements, depending on the school that you apply to. For example, some programs may require that you apply and get accepted to one program first before applying for the second program during your first year.

Most, though not all, online MBA dual programs require students to submit GRE and/or GMAT scores. You must hold a bachelor’s degree, and you may need to hold a certain GPA in order to qualify for admission depending on the rigor of the school.

If you can’t afford to pay for an online dual MBA degree program out of pocket, you can select from a variety of financial aid options. These include student loans, grants, scholarships, fellowships, and work-study opportunities.

What’s great about grants, scholarships, and fellowships is that you don’t have to pay them back. Similarly, you can seek out employer assistance, which you would also not have to pay back. Check with your company’s HR department to learn whether the company offers education funding or tuition reimbursement.

You can also search for professional financial aid associations, such as the National Association of Student Financial Aid Administrators and the National Association of Fellowship Advisors, for resources and advice about finding scholarships.

Note: The insights on this page — excluding school descriptions — were reviewed by an independent third party compensated for their time by BestColleges. Page last reviewed April 30, 2024.