Business Schools in Delaware
Students in Delaware will find business programs through both campus-based and online schools offering specialized business concentrations at the undergraduate and graduate level.
Marketing Degree Programs in Delaware
State of Delaware’s Marketing Industry
Delaware’s economy has been starting, stopping and starting again. After leading the U.S. in job recovery, the state’s employment – especially in the financial industry and associated services – stalled in 2012, according to the 2012 Chase Economic Outlook.
The future looks a bit brighter, though. Over the long run, the financial sector is expected to recover – the state’s well-known business-friendly tax structure and its strategic location between Philadelphia and Baltimore both work in its favor. Predicting modest growth, analysts point to an improving housing market, strong construction numbers and a rise in population.
Look for marketing budgets to follow the fortunes of the financial and insurance sectors and the health of the state’s aviation, technology and healthcare industries. Only one advertising and marketing company (eZanga.com) achieved a ranking in Inc.’s Top 5000 list of fastest-growing private companies in 2012.
Job Prospects for Delaware Marketing Graduates
Things may be tight. Delaware’s Department of Labor (DOL) predicts that demand for market research analysts and PR specialists from 2008-2018 will grow, but not nearly as fast as the national average. Growth for marketing managers is looking flat; advertising and promotions managers are expected to see a 13% drop in job openings.
If you do find a job in management, you’ll be outpacing your national peers. The median annual income for Delaware marketing managers in 2011 was $140,900, significantly higher than the U.S. median of $116,000, according to numbers from the US Department of Labor, Bureau of Labor Statistics (www.bls.gov).
In addition to jobs in the financial sector, recent marketing graduates may wish to investigate possibilities along the I-95 corridor, in the north of the state. Two Fortune 500 companies have their headquarters in this area: DuPont in Wilmington and SLM in Newark.
Delaware Schools for Marketing
There are eight accredited marketing schools in Delaware, many in the Wilmington and Newark area. If you’re currently kicking off your search, have a look at:
1. University of Delaware (UD) (http://www.lerner.udel.edu/departments/business-administration)
Students at UD’s Alfred Lerner College of Business and Economics can aim for a Bachelor of Science in Business Administration with a major in marketing, a Master of Science in organizational effectiveness, development and change (OEDC), or an MBA with a concentration in marketing.
You may also be interested in the study-abroad programs. UD offers MBA winter-term courses in Europe, English-language options and a one-course Spring Break program in China and other countries.
2. Delaware State University (DSU) (http://www.desu.edu/department-management)
DSU’s School of Management in Dover has developed a Bachelor of Science in Business Administration with a concentration in marketing, as well as a more general MBA. Faculty members are drawn from all over the world.
As part of their real-world training, students must complete a management exposure experience (MEE) – a 200-hour internship or mentoring relationship. They can also attend programs sponsored by the Delaware Center for Enterprise Development.
Professional Marketing Organizations in Delaware
Marketing organizations in Delaware are fairly thin on the ground. If you’re struggling to find ways to connect, you’ll find that organizations in neighboring states such as Pennsylvania have more extensive networking opportunities.
- DVLFMG (http://www.dvlawmarketing.org/index.php): Delaware Valley Law Firm Marketing Group
- PAMA (http://www.amaphilly.org/new/): Philadelphia Chapter of the American Marketing Association (AMA), based in Havertown
- Philly Ad Club (http://www.phillyadclub.com/): Serving Delaware, South New Jersey and Philadelphia
Business Degree Programs in Delaware
The man behind the Union Army’s supply of gunpowder during the Civil War and the founder of one of the world’s largest chemical companies – Eleuthere Irenee du Pont – founded the corporation that would bear his near Wilmington. As the fourth largest chemical company in the world based on market capitalization, DuPont Chemicals is now worth an estimated $64.7 billion as of 2015 according to Forbes.
Today Wilmington’s own Ellen Kullman, who holds a Master’s in Management, heads DuPont. Kullman is an example of a business school graduate in Delaware who has achieved great career success with a large company based on a firm foundation of experience and formal education. The state’s smaller companies also need leaders like her. According to the federal Small Business Administration (SBA), Delaware is home to 73,934 small businesses, which are responsible for employing 46 percent of the state’s entire workforce.
As an aspiring business leader yourself, you know that a competitive level of education will give you essential skills for success – both in your initial interview and for the career advancement opportunities you’ll be seeking.
Earning a bachelor’s degree in a relevant field is often a minimum requirement to get your foot in the door with entry-level positions in specialized areas like accounting, business administration, HR management and more. An MBA by itself or with a concentration in a specific area of focus is also often a common requirement, especially for more advanced positions.
Delaware’s top business schools offer degree programs that will allow you to pursue a general course of study or customize your education based on specific career goals:
- Bachelor’s of Science in Business Administration – General and Operations Managers
- Bachelor’s of Science in Finance – Financial Managers
- Bachelor’s of Science in Human Resources – Administrative Services Managers
- MBA with a concentration in Marketing – Sales Managers
- MBA with a concentration in Supply Chain Management – Industrial Production Managers
Enjoying the Benefits of a Business Degree in Delaware
According to the US Department of Labor, Bureau of Labor Statistics (www.bls.gov), when it comes to average annual earnings among business professionals, Delaware-based corporations offer some of the best compensation packages in the nation (2014):
- Industrial Production Managers – Highest average annual income nationwide
- Natural Sciences Managers – Highest average income nationwide
- General and Operations Managers – Second-highest average income nationwide
- Financial Managers – Second-highest average income nationwide
- Sales Managers – Second-highest average income nationwide
- Human Resources Managers – Second-highest average income nationwide
- Administrative Services Managers – Third-highest average income nationwide
Upon completing your education, you will have the qualifications to pursue a career with one of the roughly 2,000 new businesses that are founded in Delaware every year, or you could join one of the many well-established companies with operations in the state:
- Navient – Headquartered in Wilmington, $1.15 billion profits in 2014 and worth $8.16 billion
- SDIX – Headquartered in Newark, $15.07 million profits in 2014 and worth $22.87 million
- Round Hill Capital – Located in Wilmington, this company has successfully invested over $6 billion in capital
Delaware provides a variety of online and on-campus Master of Business Administration (MBA) programs, whether you’re looking for full-time study or the opportunity to earn your degree part time:
The University of Delaware’s Lerner College offers a number of flexible programs for earning your MBA. The 4+1 program allows you to earn your bachelor’s and master’s degree together in five years. The standard MBA can be pursued on campus full time or part time, with concentrations in entrepreneurship, healthcare, information technology, international business, marketing or museum leadership and management, as well as a number of flexible specializations that allow students to tailor their education to their professional goals. Or, earn two master’s at once with a comprehensive dual degree program that combines a master’s degree in economics, accounting, engineering, finance, information systems or organizational effectiveness with an MBA. You can also combine an MBA with a Doctor of Medicine or a doctorate degree in biological sciences.
The Delaware State MBA program is designed for working professionals looking for practical skills and knowledge to take their careers to the next level. You have the option to finish within 12 months, or you can study at a more relaxed pace through evening and weekend classes and complete the program over the course of two or more years. The curriculum is broken into 18 hours of foundation courses, and 30 hours in core, elective and capstone subjects. In addition to pursuing a general MBA, you can tailor your degree around a finance, information systems or project management concentration.
The College of Business at Wilmington offers both an online MBA and campus-based programs at six locations in Delaware and New Jersey. You can pursue your degree full time or part time in seven-week blocks or weekend modules. Areas of focus include accounting, environmental stewardship, finance, healthcare, homeland security, information systems, marketing and organizational leadership. The online program uses a Blackboard platform to maximize engagement with professors and fellow students, most of whom are employed full time.
What began as a trade school has grown over 120 years to offer a wide range of college-level courses and graduate degree programs. As most MBA candidates at this school are employed, the Goldey-Beacom MBA program is comprised of evening and weekend courses, designed to help students balance their schedules. You can choose from concentrations in management, taxation, finance, health care, human resource management, information technology, international business management and marketing management. Small class sizes and highly-involved faculty contribute to a hands-on learning experience.
This Wesley College MBA program makes use of classroom instruction, case studies, quantitative analysis and team projects that apply concepts in the real world. The degree is offered in three tracks: the executive leadership track is designed for students with work experience, specifically in management, who are seeking roles in higher leadership; the management track is for students with less experience, but who desire a career in business leadership; the environmental sustainability track is tailored for organizational leaders and environmental managers. The program is offered part time; you will progress with your cohorts one course at a time, with class sessions held one night each week.