MBA alternatives: How to choose the best online master’s degree to advance your career

08/20/2024
6 min read

Explore MBA alternatives and choose the best online master’s degree programs for you at The Ohio State University.

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If you’re considering earning a master’s degree to further your career, you have a lot of options. How do you choose the right educational path to get where you want to go in your career? How can you choose the best online degree for you?

Many working professionals choose an online MBA to gain in-demand skills and management training that lead to career advancement. The Master of Business Administration degree can be a great way to grow your career, and the outcomes speak for themselves. The Max M. Fisher College of Business at The Ohio State University reports an average annual salary outcome of over $100,000 for graduates of their MBA for Working Professionals Program.

Career outcomes of MBA students from the Fisher College of Business.
Source: Fisher College of Business

But an MBA may not be the right choice for everyone. If you want to train in a very specific skillset or benefit from a curriculum adapted for your industry, you might want to consider other MBA alternatives.

Ohio State offers a wide variety of online master’s degrees to explore. Whether you want to try out a certificate before jumping into a full online master’s degree or are hoping to apply your education within a specific industry context, we may have the best MBA alternative for you.

Many of our 100% online master’s degrees are designed with working professionals in mind and offer flexible classes or requirements that can be completed on your own schedule.

Discover Ohio State’s online MBA alternatives by exploring the programs below, and reach out to us if you’d like to chat through your decision with an advisor.

MBA Alternatives from Fisher College of Business

If you’re not sure about an MBA but are still interested in a graduate-level business administration curriculum, Fisher College of Business has a few options.

Graduate Certificate in IT Business Strategy: Are you an IT professional interested in gaining leadership skills and business administration expertise within the context of your field? The Graduate Certificate in IT Business Strategy is a great first step for IT professionals who aspire to lead their organization in a new strategic direction – and who may later want to embark on their journey toward an MBA. Students can apply credits earned in the certificate program toward the Online Working Professional MBA program from Fisher College of Business.

Specialized Master in Business-Analytics: As the name implies, the specialized master’s degree from Fisher College of Business is designed for working professionals who want to focus their expertise in the area of business analytics. This MBA alternative equips students with an understanding of the science of data analytics and its implication for business innovation, productivity and growth.

Master of Supply Chain Management: The Master of Supply Chain Management is designed to address a critical workforce need, by preparing working professionals to become in-demand supply chain experts. This program includes three on-campus, personalized learning experiences such as workshops, on-site industry tours, executive speakers and in-person networking.

Law MBA Alternatives

If your work frequently intersects with legal, regulatory, or compliance-related issues – but you don’t need to become a practicing attorney – a master’s degree in legal studies may be the right MBA alternative for you. Students gain tools to interpret and apply the law in real-world settings, improving decision-making and leadership capacity in their organizations. Learn more about Ohio State’s law MBA alternative below.

Master in the Study of Law: Offered by the Moritz College of Law, this graduate degree is designed for professionals who need a solid understanding of the law to lead more effectively in industries like business, health care, human resources, technology, finance, and government. The MSL provides a deep, practical understanding of legal principles and regulatory frameworks – without requiring a JD or LSAT. You can tailor the program to your career goals with concentrations, including Business Law, Health Law, and Compliance, or personalize your degree with electives.

Public Administration MBA Alternatives

Are you more interested in a public service career? A public administration master’s degree might be the right choice for you. Much like an MBA, these programs often focus on finance, budgeting, management, and marketing skills – just within the realm of public service and non-profit roles (They’re even sometimes called the MBAs of the public sector!).

Master of Public Administration and Leadership: Offered by the John Glenn College of Public Affairs, this program is designed for mid-career professionals who seek leadership roles in the public sector, or for those who’d like to start their own non-profit. Throughout the program, students develop hands-on solutions to relevant public sector problems. They can also choose to specialize their education in an area that addresses workforce needs and builds on the strengths of Glenn faculty. The customizable nature of the curriculum and the expertise of the faculty makes the Master of Public Administration and Leadership a great MBA alternative for public service professionals.

Engineering MBA Alternatives

Engineers with aspirations of leadership in their teams or organization have two dedicated engineering MBA alternatives offered by the world-renowned College of Engineering at Ohio State.

Master of Engineering Management: Engineers who hope to lead teams and develop strategy in their roles may be interested in the online Master of Engineering Management (MEM) degree as an MBA alternative. This interdisciplinary program also draws coursework from Fisher College of Business and the John Glenn College of Public Affairs. Students will sharpen their engineering management expertise and gain a better understanding of policy and the business-government relationship.

Healthcare MBA Alternatives

For students with a healthcare background, business administration skills may represent a new learning opportunity and a chance to set themselves apart in their organizations. Online healthcare MBA alternatives at Ohio State include the Master of Healthcare Innovation – a broad healthcare administration master’s degree with a focus on leadership – and the M.S., Health-System Pharmacy Administration and Leadership, a program developed specifically for pharmacists.

Master of Healthcare Innovation: When you think about a healthcare MBA, you may think of a Master of Healthcare Administration (MHA). Like an MHA, the online Master of Healthcare Innovation at Ohio State trains students in concepts related to administration, healthcare technologies and patient care – but through the lens of innovation and advocacy.

M.S., Health-System Pharmacy Administration and Leadership: Another healthcare MBA option (tailored specifically for pharmacists) is the M.S., Health-System Pharmacy Administration and Leadership. This program is ideal for working pharmacists ready to advance into leadership roles. The program prepares students to manage the healthcare pharmacy enterprise with courses in finance, quality and safety and operations.

Master of Public Health – Program for Experienced Professionals: The College of Public Health’s MPH – Program for Experienced Professionals is a part-time program for aspiring public health and health care leaders. Its tailored curriculum provides essential skills in leadership, strategy, and planning to support health organizations. With an emphasis on population health management, the program prepares you to drive meaningful change in your community.

Choosing the right online master’s degree to advance your career can be a challenge, but the good news is you have plenty of options. Whether you decide to choose the online MBA route or consider one of our MBA alternatives, there’s a flexible online program at Ohio State that’s right for you.

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