Understanding Rutgers Part-Time MBA Tuition and Program Details
Rutgers Business School (RBS) offers a Part-Time MBA program designed for working professionals seeking to advance their careers while maintaining their current employment. This article provides a detailed overview of the program, including tuition costs, curriculum structure, admission requirements, and available resources.
Program Overview
The Rutgers Part-Time MBA program is a 49-credit program designed with a modern and relevant curriculum, allowing students to tailor their degree around the skills needed to advance their careers. It offers maximum flexibility, enabling students to complete MBA classes on campus or online. This flexibility allows students to thrive while balancing work and education. The program also offers the opportunity to earn a STEM Designation.
The Part-Time MBA program at Rutgers University offers start dates in the fall, spring, or summer. Classes are conveniently scheduled in the evening, during the day, and occasionally on Saturdays to accommodate working professionals. Students typically complete the program in three-and-a-half to four years, although they have up to eight years to finish their degree.
Curriculum Structure
The curriculum requirements for the Rutgers University Part-Time MBA program are nearly identical to the Full-Time MBA program, with the key difference being the number of required credits: 49 for the part-time program compared to 60 for the full-time program.
Foundation Courses
Students must select three foundation courses out of six options, for a minimum of six credits. These foundation courses provide a broad understanding of essential business concepts. The available foundation courses include:
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- Business Communications
- Data Analysis & Decision Making
- Information Technology for Managers
- International Business
- Business Law for Managers and Entrepreneurs
- Strategic Management
Core and foundation courses can be taken on the satellite campus and Madison, New Jersey, as well as the main campuses of New Brunswick and Newark, while elective courses are solely offered at the two main locations.
Interactive Course Requirement
The part-time program also includes an interactive course requirement, offering three options for completion:
- Integrated Business Applications
- Supply Chain Management Industry Project
- Technology Commercialization & Entrepreneurship, or Urban Entrepreneurship & Economic Development
Electives and Concentrations
The remaining required credits are completed through elective courses. Students have the option to pursue one of ten concentrations or design their own customized concentration, allowing for specialization in a specific area of interest.
Tuition and Fees
For in-state residents, tuition for the Rutgers University Part-Time MBA costs $1,155 per credit. For those living outside of New Jersey, the tuition is $2,004 per credit. These figures do not include additional fees, which can add to the overall cost of the program.
Financial Aid and Scholarships
There is no separate loan program run by the school, so RBS encourages US applicants to apply for federal Direct and Direct PLUS loans by filling out the Free Application for Federal Student Aid (FAFSA). After two semesters, and provided they have maintained a strong GPA, part-time students may apply for scholarships or fellowships through the graduate admissions office.
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The Rutgers Business School Graduate Scholarships Fund provides various amounts of financial assistance based on need and academic potential. There are also a variety of endowed Fellowships and Scholarships linked to the school, including the DePodwin Scholarship for part-time students who receive no financial support from their employers.
Admission Requirements
Applicants to the Rutgers Part-Time MBA program must submit several documents to be considered for admission. These include:
- Official academic transcripts
- Two letters of reference
- A $70 application fee
- A current résumé
- GMAT or GRE test scores
International candidates whose native language is not English must also submit a TOEFL score. Candidates who hold a Ph.D., JD, MD or PharmD are exempt from the GRE/GMAT requirement. Interviews are not offered unless requested by the Admissions Committee.
The incoming GPA of students in the Rutgers Business School Part-Time MBA program is 3.3 with an average GMAT score of 594.
Career Resources
While the part-time MBA is designed for working professionals, students may take advantage of the MBA Office of Career Management (OCM) resources. In terms of preparing students for the job recruitment process, OCM primarily focuses on full-time students seeking internships and jobs and outgoing part-time students, or students one year from graduation.
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Part-Time students who have completed fewer than 30 credits may sign up for a session with a career advisor or attend a seminar focused on polishing résumé, cover letter, elevator pitch or interview skills. Part-time students who have completed at least 30 credits worth of classes and have no contractual obligations to their current job may register for OCM.
Benefits of the Rutgers MBA Program
As a Rutgers MBA student, you’ll have access to world class faculty and practitioners who are experts in their fields. At Rutgers, you get the best of both worlds: a close-knit group, and the advantage of going to a large, public institution. Rutgers Business School offers a variety of MBA programs based on your background and future career goals.
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