Drake University Online MBA
MBA Business Analytics · Iowa · public University
Total Tuition: $27,300 ($910/credit) | Duration: 24 months | Credits: 30 | GMAT: Not Required
Program Overview
Designed for career advancement without career interruption, the online MBA at Drake University combines the academic rigor of a traditional MBA with the convenience of asynchronous online learning. This Iowa-based program costs $27,300 in total tuition and can be completed in 24 months of study. Accreditation matters when choosing an online MBA, and Drake University delivers on this front. The program holds AACSB accreditation, which is awarded only to institutions that demonstrate excellence in faculty research, curriculum design, and educational outcomes. Only approximately 5% of business programs worldwide achieve this designation.
Students complete 30 credits of coursework designed to build both analytical capabilities and leadership competencies. The 24-month timeline provides enough breathing room for working professionals to absorb the material deeply while applying concepts directly to their current roles. The program offers concentration options in Business Analytics, allowing students to tailor their MBA to specific career goals and industry interests. These specialization tracks combine core business fundamentals with focused electives that develop deep expertise in the chosen area.
The GMAT waiver at Drake University reflects a growing trend among top online MBA programs. By focusing on real-world experience and undergraduate academic performance rather than test scores, the program attracts working professionals who might otherwise be deterred by the time and cost of test preparation. The program accepts new students in fall, spring, and summer semesters, with applications reviewed on a rolling basis. This means no hard deadlines — instead, prospective students are encouraged to apply 6-8 weeks before their intended start date to allow time for processing and enrollment.
Whether your goal is a promotion within your current organization, a career switch, or launching your own venture, the Drake University MBA provides the credentials, network, and knowledge to get there. At $27,300 total tuition, it offers exceptional value among AACSB-accredited online programs.
Specializations
Business Analytics
Accreditation
This program holds AACSB, Regional accreditation. AACSB International accreditation is held by fewer than 5% of business schools worldwide. Learn more about MBA accreditation →
Admission Requirements
GMAT: Not Required | GRE: Not Accepted | Deadline: Rolling admissions
Start dates: Fall, Spring, Summer
Cost and Value
At $27,300 total tuition for 30 credits, this program costs $910 per credit hour. This is one of the most affordable AACSB-accredited online MBA programs available. For context on the return on investment, see our Online MBA ROI guide.
Related Resources
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Frequently Asked Questions
How much is the Drake University online MBA?
The Drake University online MBA costs $27,300 total tuition for 30 credits ($910 per credit hour).
Does Drake University require the GMAT?
No. The Drake University online MBA does not require the GMAT for admission. Admissions are based on undergraduate GPA and professional experience.
How long does the Drake University online MBA take?
The program takes 24 months to complete, consisting of 30 credit hours.