MBA Programs In North Carolina Without GMAT

Last Updated on August 29, 2022 by Alvina Ibe

It would be worthwhile to find out the acceptance rates at MBA programs in north Carolina without GMAT if you are considering attending. Acceptance rates should be one of the most significant factors when choosing a college.

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MASTER OF BUSINESS ADMINISTRATION-Belk College of Business

An MBA program should enhance your skills and qualifications, boost your earning potential and help you reach your personal goals. Earning an MBA is one of the best investments you can make in yourself and your career. The decision you make about where to apply and what to study will have a profound impact on your professional life.

Whether you are just starting out in the business world or contemplating your next step in an established career, the UNC Charlotte MBA aims to meet your individual needs and goals.

ADMISSIONS REQUIREMENTS​

  • A bachelor’s degree from a regionally accredited college or university
  • A satisfactory GPA on all previous work beyond high school
  • Three academic or professional recommendations
  • A statement of purpose describing the applicant’s experience and objectives in undertaking graduate study
  • Unofficial transcripts of all academic work attempted beyond high (secondary) school can be used for admission review. An official (officially certified) final transcript must be submitted if an applicant is offered admission.  International transcripts provided in a language other than English should be uploaded, but a translated version should be uploaded as well.
  • A resume or a CV
  • A satisfactory score on the GMAT or GRE test comprising of acceptable levels on both the verbal and quantitative scores.
    • Due to the impacts of COVID-19, the Belk College MBA has temporarily waived the GMAT/GRE test requirement for Summer and Fall 2021 graduate program admissions. If the Graduate Admissions Committee can decide upon an application without GMAT/GRE test scores, they will do so. If not, the Graduate Admissions Committee may ask that applicants complete the online GMAT/GRE option.
  • The Belk College of Business may consider waiving the GMAT/GRE for candidates who meet certain requirements.

Although work experience is not a requirement for admission to the program, applicants are encouraged to acquire some experience before applying to the program. Three years of work experience is preferred.

FOR INTERNATIONAL APPLICANTS

In addition to all of the requirements listed above, students must submit:

  • An official TOEFL or IELTS score to demonstrate English proficiency. For the TOEFL (Test of English as a Foreign Language), the minimum score is 83 (ibt). For the IELTS (International English Language Testing System), the minimum overall band score is 6.5.

Online MBA Programs in North Carolina

Continuing your education with an Online MBA program in North Carolina is a versatile option. An online MBA can be used in many ways, from securing a new position, honing skills, moving up in position, or even just for additional pay. MBA programs are designed to cultivate important business skills, including communication, leadership, decision-making, and analytics. Online MBA programs are the perfect solution to a busy life, offering flexibility in location and schedule.

The 10 online Master of Business Administration (MBA) programs in North Carolina were researched and compared to their tuition, debt, graduation rates, and more. Fayetteville State University is the most affordable program with tuition at $494 per credit hour, which is well below both the state ($1,053) and national averages ($820). The highest 3-year graduation rate is reported at the University of North Carolina-Chapel Hill at 89%. This rate of graduation exceeds both the national and state averages, which are 68%. The North Carolina State University-Poole reported that only 28% of their students graduate with student debt, and is lower than both the state (46%) and national (46.6%) averages. Additionally, the acceptance rate at Montreat College is 100%, which is the highest out of all programs researched and exceeds both the state and the national average of 79%. Lastly, the University of North Carolina-Chapel Hill reported the highest average applicant GPA and GMAT scores at 3.3 and 661, respectively.

This article provides in-depth descriptions of 10 online Master of Business Administration (MBA) programs offered in North Carolina. Information, such as tuition cost, is also compared to national averages. Prospective students interested in online MBA programs can utilize this information to determine which program may suit them best, depending on their specific needs. All the MBA programs described herein are offered at Regionally Accredited public or non-profit Institutions. Information was mainly gathered from the schools themselves via the website or email/phone interview. Additional program information was gained from websites such as the National Center for Education Statistics (NCES), Common Data Set, US News, Princeton Review, College Board, and Petersons.

Affordable Online MBA Programs in North Carolina

When prospective students are looking for a university program, affordability is a large factor in deciding which program to attend. Higher tuition costs may even deter some students from attending programs even if the school is otherwise great. Furthermore, the school’s overall cost includes not just tuition, as shown in the above table, but also class fees and books, in addition to living expenses. The availability of a wide range of MBA program costs allows for different people with varying levels of financial ability the opportunity to attend college and obtain an advanced degree.

The most affordable online MBA in North Carolina out of the 10 researched is Fayetteville State University at $494 per credit hour, followed by Montreat College at $510 per credit hour, Pfeiffer University at $680 per credit hour, the University of North Carolina-Greensboro at $717 per credit hour, and the University of North Carolina-Pembroke at $829 per credit hour. These costs are all lower than North Carolina’s state average cost of $1,053 per credit hour. The most affordable option is $559 per credit hour below the state average, and the 5th most affordable is $224 below the state average. Additionally, these more affordable options are all below the national average cost of $820 per credit hour, except for the University of North Carolina-Pembroke, which is slightly above the national average. These varying costs and averages below national and state levels are beneficial for including more people in furthering their education.

Affordable online MBA programs in North Carolina:

  • Fayetteville State University – $494
  • Montreat College – $510
  • Pfeiffer University – $680
  • University of North Carolina-Greensboro – $717
  • University of North Carolina-Pembroke – $829

MBA Programs with Lowest Debt at Graduation

The amount of student loan debt accumulated from attending school is also an important consideration for students determining which North Carolina MBA program to choose. Although not always, it is a common rule that students must begin to pay back loans within 1-year of graduation. Large student loans can create a financial burden and hinder a person’s credit and ability to obtain future loans, such as for a house or car. Additionally, depending on the student loan interest rate, debt can accumulate quickly and take several decades to pay off. When looking at potential future debt, it may be beneficial to research the average salaries of MBA graduates; this can then be compared to the average debt value and determine the approximate amount of time it will pay off.

The table above shows the percentage of graduates that leave school with debt. On average, 46.6% of graduates in the USA have debt when they leave school. This national average is just slightly above the average for the State of North Carolina at 46%. Out of the 10 schools researched for North Carolina, the lowest debt rates are 28% at the North Carolina State University, 30% at Fayetteville State University, and 38% at the University of North Carolina-Chapel Hill are all below both the state and national averages. However, the East Carolina University (49%) and the University of North Carolina-Pembroke (58%) have student debt rates above the state and national averages. Additionally, these rates are at or above 50%, meaning more than half the students that attend leave with debt.

Online MBA programs in North Carolina with lowest debt at graduation:

  • North Carolina State University – 28%
  • Fayetteville State University – 30%
  • University of North Carolina-Chapel Hill – 38%
  • East Carolina University – 49%
  • University of North Carolina-Pembroke – 58%

No GMAT Required

Some online MBA programs in North Carolina do not require prospective students to submit GMAT or Graduate Record Examination (GRE) test scores for admission to MBA programs. This can be beneficial to students who do not have excess time and money. These tests can cost over $200 and often require the purchase of a study guide. Additionally, studying for these tests can be quite rigorous and require at least a month to prepare. Therefore, not requiring prospective students to take these tests can save students study time and money. Also, certain types of students may not do well on standardized tests but may excel in the classroom or other environments. So, universities that do not require these test scores or that have a less stringent admissions standardized test policy could be better fits for out-of-the-box thinkers. For example, the East Carolina University and Fayetteville State University report that GMAT or GRE scores are ‘important’ or ‘very important in admissions decisions; whereas, at North Carolina State University-Poole or the University of North Carolina-Wilmington, the test scores are ‘considered’ as part of the overall application. These statistics pair well with the percentages of entrants that submit GMAT scores when applying to colleges. The East Carolina University that puts more weight into standardized tests also receives scores in 24% of applications instead of the North Carolina State University-Poole, which receives these scores in only 9% of applications.VIEW MORE PROGRAMSAD

Highest Graduation Rate

The 3-year graduation rate is a good measure of a university MBA program’s organization, advising capacity, and quality. This rate measures the college’s ability to facilitate their students through their program in a reasonable timeframe. When these rates are low, it may be a sign that the college has a lesser ability to properly advise students and facilitate them to the point of graduation. Alternatively, knowledgeable advisers, accessible student resources, and easily understandable program guidelines can increase students’ ability to complete the program in the recommended time. Lower graduation rates may also be a sign of a more strenuous program that takes students longer to complete. Lastly, lower rates could also be a sign of an online school that supports many part-time students, who are more likely to require longer than the recommended year timeframe to complete a program.

Both the national and North Carolina state average 3-year graduation rates are 68%. The highest graduation rates out of the researched schools are 89% at the University of North Carolina-Chapel Hill and 76% at the Queen’s University of Charlotte. These rates are higher than the national and state average and show a promising ability for prospective students to complete these MBA programs. However, the North Carolina State University, Fayetteville State University, and East Carolina University have graduation rates ranging from 44% to 67%, below the national and state averages. These lower rates of graduation rates imply that, in some cases, half of their students do not graduate within 3 years.

Online MBA programs in North Carolina with the highest 3-year graduation rates:

  • University of North Carolina-Chapel Hill – 89%
  • Queens University of Charlotte – 76%
  • North Carolina State University – 67%
  • Fayetteville State University – 65%
  • East Carolina University – 44%

Highest Acceptance Rates

Acceptance rates can also be useful when researching colleges, as they show the average percentage of accepted students versus the total number of applicants. The national average and the North Carolina state average acceptance rates are both 79%. Out of the 10 researched Business Schools in North Carolina, the highest acceptance rates were 100% at Montreat College, 92% at the University of North Carolina-Pembroke, and 91% at the Queen’s University of Charlotte. These are much higher than the national and state averages and show that these three schools are less stringent with admissions requirements. Other schools have lower acceptance rates that are very close to the national and state averages, including 80% at the University of North Carolina and 76% at Fayetteville State University. These rates are still high, but there is a higher probability of applicants being denied at these schools.

For example, when prospective students apply to Fayetteville State University, a 24% chance that a student’s application would be declined, on average. It may be beneficial for a student to spend more time fine-tuning, proofreading, and to edit this application to ensure higher quality and creativity. Lower acceptance ranges could imply a higher level of applicant competitiveness, meaning these applications may require more time to brainstorm ways for applications to stand out. Alternatively, when applying for higher acceptance rates, such as Montreat College, more focus could be spent on ensuring all the necessary documentation is included with the application with a less acute focus on editing. Very few, if any, students are denied at this college. Additionally, sending applications to schools with different acceptance rates increases the probability of being accepted to at least one school.

Online MBA programs in North Carolina with the highest acceptance rates:

  • Montreat College – 100%
  • University of North Carolina-Pembroke 92%
  • Queens University of Charlotte – 91%
  • University of North Carolina – 80%
  • Fayetteville State University – 76%

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