An Online Master of Business Administration (MBA) degree is a valuable investment for professionals looking to advance their careers and stay ahead of the competition in the business world.
With the convenience of online learning, individuals can earn their MBA while balancing their work and personal responsibilities. The online format allows students to have access to high-quality education and a diverse network of professors, experts, and alumni from all over the world.
Featured Online MBA Programs
Find a program that meets your affordability, flexibility, and education needs through an accredited, online school.
The online MBA program is designed to provide students with the skills, knowledge, and practical experience to succeed in various industries and helps them develop a strategic mindset to make informed business decisions. With a broadly applicable curriculum that covers critical business topics with hands-on coursework using real-world scenarios, an online MBA can significantly boost your career and earning potential.
EDsmart has created this list of the best online MBA programs of 2023 to help you find the best value education in continuing your education.
Best Online MBA Programs for 2023
1. University of Wisconsin MBA Consortium
- #9 in MBA Programs
- Tuition per credit (Full time- In state): $800
- Tuition per credit (Full time- Out of State):$800
- Total Program Cost: $28,800
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 83%
- Average GMAT Score: 569
- Employer-Sponsored New Students: 62%
The University of Wisconsin’s MBA program offers a flexible and convenient way to earn a graduate degree while balancing other responsibilities. The online format of the program provides students with a structured learning experience that is similar to traditional college courses. Online classes include interaction with a professor, access to textbooks, opportunities to connect with classmates, and assignments, quizzes, and tests to assess learning.
With 36 required credits and a class size of 25 students, the MBA program at the University of Wisconsin provides students with a personalized and focused learning experience. The program takes 2 and a half years to complete, allowing students to balance their work, family, and other responsibilities while still advancing their education and career goals.
Overall, the combination of the program’s online format and its rigorous curriculum makes it a convenient and achievable option for those seeking an MBA degree.
2. University of Mississippi
- #12 in MBA Programs
- Tuition per credit (Full time- In state): $848
- Tuition per credit (Full time- Out of State): $848
- Total Program Cost: $33,228
- Average Undergraduate GPA: 3.5
- Acceptance Rate: 45%
- Average GMAT Score: 572
- Employer-Sponsored New Students: 0%
The Ole Miss Online MBA program is a top-ranked option for working professionals seeking to further their education and advance their careers.
As one of the top 10 programs in the US, according to US News and World Report, students can be assured of the high quality and rigor of the coursework. With 36 hours of comprehensive coursework, students can choose to complete the program in as little as 2 years, or extend the program to accommodate their busy schedules.
The program is designed to provide students with a broad base of knowledge in business and management, with a focus on developing key skills such as leadership, creativity, communication, and critical thinking. This wide-ranging curriculum ensures that graduates will be well-equipped to succeed in any field they choose.
One of the key benefits of the Ole Miss Online MBA program is the flexibility it offers. All courses are delivered 100% online, giving students the freedom to study from anywhere, at any time.
3. University of Massachusetts–Amherst (Isenberg)
- # 12 in MBA Programs
- Tuition per credit (Full time- In state): $900
- Tuition per credit (Full time- Out of State): $900
- Total Program Cost: $35,100
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 92%
- Average GMAT Score: 582
- Employer-Sponsored New Students: 45%
The Isenberg Online MBA is designed for professionals seeking leadership positions in their industry. By combining the high-quality curriculum of the on-campus MBA program with the flexibility of online learning, the Online MBA offers a customizable and exceptional educational experience.
The Isenberg Online MBA has been providing an AACSB-accredited MBA degree program entirely online since 2001, making it one of the most established and reputable online programs in the country. The program has consistently earned recognition from leading ranking institutions, such as U.S. News & World Report, and Financial Times.
Online students receive the same innovative and rigorous education as on-campus students, with access to dedicated, approachable faculty members who bring extensive expertise and experience to the classroom. The faculty offers cutting-edge insights and research that give students a comprehensive understanding of the business world.
4. University of Kansas
- #16 in MBA Programs
- Tuition per credit (Full time- In state): $865
- Tuition per credit (Full time- Out of State): $865
- Total Program Cost: $36,330
- Average Undergraduate GPA: 3.2
- Acceptance Rate: 68%
- Average GMAT Score: 540
- Employer-Sponsored New Students: 47%
The University of Kansas Online MBA program is a comprehensive, flexible, and rewarding option for aspiring global leaders. With the option to graduate in just two years, students can quickly and effectively enhance their careers and make a positive impact in the business world.
The program is designed to equip students with the skills and knowledge needed to tackle today’s complex business challenges. The curriculum is taught by the same renowned faculty as the on-campus programs, ensuring that students receive a high-quality education that prepares them for success. One of the biggest advantages of the University of Kansas Online MBA program is the real-world success it provides to graduates.
57% of alumni reported receiving or expecting a promotion after completing the program, while a high 93% found their degree both personally and professionally rewarding. This is a testament to the value and impact of the program, and to the opportunities, it provides for graduates.
5. Ball State University (Miller)
- #20 in MBA Programs
- Tuition per credit (Full time- In state): $456
- Tuition per credit (Full time- Out of State): $671
- Total Program Cost: $15,048
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 98%
- Average GMAT Score: 57
- Employer-Sponsored New Students: 52%
The Master of Business Administration (MBA) program at Ball State University is famous for its challenging practical experiences and high-quality instruction. Designed to equip students for success in today’s global economy, the curriculum emphasizes the development of your strategy, ethics, leadership, and decision-making abilities.
The program gives students the flexibility of on-campus, online, and hybrid programs, as well as the individualized attention they need for success. In addition, students may further tailor their MBA by selecting from one of eight specialties, such as business analytics, construction management, finance, healthcare administration, health economics, information technology leadership, and supply chain management, or by pursuing a general MBA.
With a strong focus on decision-making, the Ball State MBA is a differentiating factor in the profession, equipping students with the skills and information necessary to flourish in today’s competitive business environment. Enroll in the program and get the required practical experiences, practical knowledge, and abilities to be successful in the corporate world.
6. Washington State University
- #20 in MBA Programs
- Tuition per credit (Full time- In state): $855
- Tuition per credit (Full time- Out of State): $855
- Total Program Cost: $41,040
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 83%
- Average GMAT Score: 586
- Employer-Sponsored New Students: 30%
Washington State University’s Online Master of Business Administration program is designed to create confident business leaders.
With a curriculum that focuses on entrepreneurship and global business, students are exposed to a wealth of knowledge and practical skills that will help them succeed in their careers. In addition to the robust curriculum, the program also fosters a high level of student engagement, providing students with the opportunity to connect with their peers and engage with the material in meaningful ways.
The curriculum covers a wide range of topics, including entrepreneurship, global business, and leadership, among others, providing students with a well-rounded education that prepares them for the challenges of the business world.
With an emphasis on student engagement, the program ensures that students are active participants in their education and are able to fully absorb and apply the knowledge they are learning.
7. University of Wisconsin–Whitewater
- #24 in MBA Programs
- Tuition per credit (Full time- In state): $638
- Tuition per credit (Full time- Out of State): $638
- Total Program Cost: $22,968
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 82%
- Average GMAT Score: 577
- Employer-Sponsored New Students: 87%
The Master of Business Administration (MBA) program is designed to give students a comprehensive education that prepares them for success in today’s rapidly changing business environment. The program takes a three-pronged approach to developing aspiring professionals, with a focus on cultivating global thinking, ethical behavior, and strategic leadership.
Through the program, students will have the opportunity to enhance their critical thinking abilities, sharpening their strategic decision-making skills through in-depth case studies and challenging class projects. They will also have the chance to refine their project management skills, gaining experience in effective negotiating and persuasion strategies. The program also emphasizes teamwork, providing students with opportunities to improve their ability to work effectively in groups through self-reflection and learning how to be an effective leader.
This MBA program is highly regarded, having been ranked as the #1 Online MBA in Wisconsin and #24 Online MBA in the United States. Whether you’re a recent graduate seeking to enhance your skills, or a knowledgeable professional looking to advance your career, this program is a smart choice for those looking to achieve their full potential in the business world.
8. Oklahoma State University (Spears)
- #28 in MBA Programs
- Tuition per credit (Full time- In state): $234
- Tuition per credit (Full time- Out of State): $234
- Total Program Cost: $12,012
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 63%
- Average GMAT Score: 588
- Employer-Sponsored New Students: 58%
The Ohio State University’s online MBA program is a highly regarded and cost-effective option for busy professionals seeking to further their careers through advanced business education. The program is specifically designed to meet the needs of full-time working individuals who want a hands-on learning experience while balancing work and personal responsibilities.
The online MBA program is taught by the same distinguished faculty members who teach at the Spears School of Business on campus. This ensures that students receive the same high-quality education and benefit from the expertise of leading business professionals. Additionally, the program is structured as a part-time program with 33 credit hours, making it possible for students to complete their degree within 12 months, even while working full-time. In addition to the comprehensive general MBA curriculum, the program offers specializations in various areas such as finance, marketing, and entrepreneurship, allowing students to tailor their education to their career goals.
Whether you’re looking to advance in your current role or switch to a new career path, the online MBA at OSU provides a flexible and accessible path to success.
9. University of Delaware (Lerner)
- #28 in MBA Programs
- Tuition per credit (Full time- In state): $950
- Tuition per credit (Full time- Out of State): $950
- Total Program Cost: $41,800
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 76%
- Average GMAT Score: 585
- Employer-Sponsored New Students: 13%
The University of Delaware offers a top-ranked MBA program that provides students with a strong foundation in leadership, management, and analytics.
The program offers flexibility with several formats to choose from, including full-time, part-time, online, or hybrid, to accommodate students’ busy schedules. As a Lerner MBA student, you will have the support of dedicated faculty, career services, and advising professionals who work together to create a customized education and career plan that aligns with your unique goals.
Whether you aim to advance in your current job or change careers, the program offers a comprehensive education in essential business skills and techniques through its core courses and seminars. Additionally, the program offers specializations in nine different fields, allowing you to focus your education and advance your expertise in a particular area of interest.
The specializations available include Accounting, Business Analytics, Entrepreneurship and Innovation, Finance, Health Management, Hospitality Business Management, Information Technology, International Business, and Strategic Leadership.
10. University of Nebraska–Lincoln
- #31 in MBA Programs
- Tuition per credit (Full time- In state): $650
- Tuition per credit (Full time- Out of State): $650
- Total Program Cost: $31,200
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 81%
- Average GMAT Score: 627
- Employer-Sponsored New Students: 75%
At Nebraska, they understand that pursuing an MBA is a big decision and commitment, and they aim to make the investment of time and money as worthwhile as possible. With an MBA from Nebraska, students can expect to receive a higher return on their investment, both in terms of their post-graduation salary and lower program costs.
The program’s exceptional value has earned recognition as the #1 “Value for the Money” MBA program in the United States by Financial Times. One of the factors that sets the MBA at Nebraska apart is its cost-effectiveness.
Despite offering the prestige of a Big Ten degree, their program is significantly more affordable than similarly ranked MBA programs. This makes it an accessible option for individuals who want to advance their careers and increase their earning potential, without breaking the bank. Additionally, their MBA program is designed to deliver high-quality education and valuable experiences that will equip students with the skills and knowledge they need to succeed in today’s business world.
The program is taught by experienced faculty members who are experts in their fields, and students have access to a wide range of resources and opportunities, including internships, networking events, and mentorship programs.
11. University of Massachusetts–Lowell
- #31 in MBA Programs
- Tuition per credit (Full time- In state): $655
- Tuition per credit (Full time- Out of State): $655
- Total Program Cost: $19,650
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 87%
- Average GMAT Score: 618
- Employer-Sponsored New Students: 2%
The MBA program at UMass Lowell provides students with a comprehensive education in business administration and management, equipping them with the skills and knowledge they need to succeed in a rapidly changing and diverse global business environment.
Through a curriculum that emphasizes leadership, innovation, and strategic thinking, students are equipped to effectively lead organizations and drive growth in a variety of industries. One of the key strengths of the UMass Lowell MBA program is its connections to successful alumni from Fortune 500 companies and innovative startups. This provides students with unique opportunities to network, learn from, and be mentored by individuals who have achieved success in the business world. These connections can help students gain valuable insights into the industry and make valuable connections that can help advance their careers.
The online MBA program at UMass Lowell is also highly customizable, offering several different options to suit individual career goals and learning preferences. This means that students can tailor the program to their own needs, whether they are looking to make a career change, advance their current career, or start a new business venture. Finally, an MBA from UMass Lowell provides not just the degree, but also the prestige of a highly ranked and AACSB-accredited university.
12. The Citadel
- 37 in MBA Programs
- Tuition per credit (Full time- In state): $695
- Tuition per credit (Full time- Out of State): $695
- Total Program Cost: $25,020
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 92%
- Average GMAT Score: 416
- Employer-Sponsored New Students: N/A
The Citadel’s Master of Business Administration program is a comprehensive education that equips students with the knowledge, skills, and self-awareness needed to lead effectively and ethically in a rapidly changing global environment. The program features a curriculum that is both flexible and relevant, allowing students to pursue their interests in entrepreneurship, consulting, and executive management through capstone experiences. The program is taught by a distinguished faculty who bring a wealth of real-world experience and research-informed insight to the classroom. Classes are available both on-campus in the evenings and online, making it accessible to students with varying schedules and commitments. The Citadel’s commitment to providing a high-quality education has been recognized for ten consecutive years, with the title of #1 Public College in the South for institutions offering up to a master’s degree.
13. Florida State University
- 37 in MBA Programs
- Tuition per credit (Full time- In state): $750
- Tuition per credit (Full time- Out of State): $750
- Total Program Cost: $29,250
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 78%
- Average GMAT Score: 550
- Employer-Sponsored New Students: 44%
Advance your career from the comfort of your own home or office through Florida State University’s online MBA program. Engage in collaborative learning with top-notch peers in a dynamic and innovative environment that emphasizes problem-solving and creativity. Study under world-renowned professors who are recognized experts in their fields, and have the same curriculum as on-campus students. This affordable and flexible program is perfect for busy military personnel and business executives on the go, allowing you to apply lessons learned directly to your work. With a program duration of seven semesters, students can customize their degrees with a chosen area of business expertise. As reported in U.S. News & World Report’s 2023 list of “Best Online MBA Programs,” Florida State University’s Business Administration program ranked No. 32 among public institutions, No. 44 overall, and No. 28 for veterans. Regardless of location, students pay the same price, plus applicable fees, for courses. Choose Florida State University’s online MBA program for a valuable investment in your career and future success.
14. Creighton University
- 37 in MBA Programs
- Tuition per credit (Full time- In state): $955
- Tuition per credit (Full time- Out of State): $955
- Total Program Cost: $31,515
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 90%
- Average GMAT Score: N/A
- Employer-Sponsored New Students: 53%
An MBA from Creighton University’s Heider College of Business is a valuable investment in your career that provides a significant advantage over others in the job market. The flexible program is designed to accommodate your busy schedule and provide you with the necessary skills to succeed in today’s competitive business environment. By earning an MBA from Creighton, you will demonstrate to potential employers and clients that you have the knowledge, skills, and abilities required to succeed in the world of business. With six specializations to choose from, you have the opportunity to tailor your education to meet your specific career goals and aspirations. The Accounting specialization will provide you with the skills to manage financial reporting, auditing, and tax preparation. The Business Intelligence and Analytics specialization will equip you with the tools and techniques to analyze data, identify trends, and make informed decisions. The Finance specialization will teach you the principles of financial management, investment analysis, and risk management. These are just a few examples of what the MBA specializations will teach you to gain higher knowledge in the business world.
15. Texas Tech University (Rawls)
- 42 in MBA Programs
- Tuition per credit (Full time- In state): $383
- Tuition per credit (Full time- Out of State): $383
- Total Program Cost: $16,086
- Average Undergraduate GPA: 3.4
- Acceptance Rate: 95%
- Average GMAT Score: 441
- Employer-Sponsored New Students: 38%
The Online MBA program at Rawls College is designed to provide aspiring leaders with the necessary tools and knowledge to succeed in today’s competitive business landscape. Accredited by AACSB, the program has a reputation for producing top-notch graduates who are well-equipped to tackle the challenges of various industries. The comprehensive curriculum of the program covers a wide range of critical business topics, providing students with an in-depth understanding of the business world. The curriculum is designed to challenge students and help them develop their strategic decision-making abilities, regardless of their background. This not only prepares students for success in their current careers but also opens doors to new opportunities for growth and advancement. The coursework in the Online MBA program is designed to be hands-on and interactive, using real-world scenarios to give students immediate exposure to the challenges they are likely to face in their careers. This approach helps students develop a deep understanding of the material and gives them the confidence they need to apply what they have learned on the job.
16. University of Massachusetts–Dartmouth (Charlton)
- 42 in MBA Programs
- Tuition per credit (Full time- In state): $553
- Tuition per credit (Full time- Out of State): $553
- Total Program Cost: N/A
- Average Undergraduate GPA: 3.1
- Acceptance Rate: 91%
- Average GMAT Score: N/A
- Employer-Sponsored New Students: N/A
The Charlton Master of Business Administration (MBA) program is equipped to handle the demands of a rapidly changing and technology-driven global economy. The program recognizes the importance of staying current with the latest trends and advancements in the business world, and as such, it is designed to provide students with the skills and knowledge necessary to succeed in today’s dynamic marketplace. The program is taught by a team of highly respected business scholars and seasoned industry professionals, providing students with a unique blend of academic rigor and practical experience. This combination allows students to gain a comprehensive understanding of business concepts, while also learning how to apply these concepts in real-world situations. One of the key benefits of the Charlton MBA program is the flexibility it offers in terms of specialization. Students have the option to concentrate on five specific areas, including Accounting, Business Analytics, Finance, Organizational Leadership, and Supply Chain Management and Information Systems. This allows students to delve deeper into areas of interest and develop specialized knowledge and skills that are highly sought after by employers.
17. University of Tennessee–Martin
- 42 in MBA Programs
- Tuition per credit (Full time- In state): $575
- Tuition per credit (Full time- Out of State): $631
- Total Program Cost: N/A
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 97%
- Average GMAT Score: 385
- Employer-Sponsored New Students: 27%
The Master of Business Administration (MBA) degree program at UT Martin is a flexible and convenient option for working professionals, as it is offered entirely online. This program, which does not require a thesis, is open to individuals with bachelor’s degrees from any field and aims to equip them with the skills and knowledge needed for managerial positions in the business world. The learning environment at UT Martin is intimate and supportive, with a low student-to-faculty ratio of 15:1. This provides students with personalized attention and the opportunity to develop close relationships with their instructors. In the latest survey, UT Martin students rated their overall educational experience as first among Tennessee public universities, demonstrating the high level of satisfaction and engagement they experience while studying at UT Martin. Additionally, a significant percentage of UT Martin graduates, 81%, are employed or pursuing further education within six months of graduation, demonstrating the value and quality of the MBA program and the university’s commitment to student success.
18. University of Memphis (Fogelman)
- 42 in MBA Programs
- Tuition per credit (Full time- In state): $606
- Tuition per credit (Full time- Out of State): $606
- Total Program Cost: $24,876
- Average Undergraduate GPA: 3.2
- Acceptance Rate: 99%
- Average GMAT Score: 570
- Employer-Sponsored New Students: 5%
The University of Memphis offers an online Master of Business Administration (MBA) degree through the Fogelman College of Business & Economics, which is the only fully AACSB-accredited business college in the Memphis area. The Fogelman online MBA program has received recognition as a “Top 25 Online MBA” by the Princeton Review in both 2016 and 2017, making it a top choice for busy professionals who may have scheduling or location constraints that prevent them from attending in-person classes. The online MBA program is designed to offer maximum flexibility, with faculty members delivering instruction synchronously and asynchronously to create a 24/7 learning environment that can be accessed from anywhere with an Internet connection. This allows students to complete the program while balancing work, personal commitments, and other responsibilities. With top-flight faculty members, the online MBA program provides a rigorous and high-quality business education that prepares students for career success.
19 . West Virginia University John Chambers College of Business and Economics
- 42 in MBA Programs
- Tuition per credit (Full time- In state): $720
- Tuition per credit (Full time- Out of State): $720
- Total Program Cost: $26,640
- Average Undergraduate GPA: 3.3
- Acceptance Rate: 84%
- Average GMAT Score: N/A
- Employer-Sponsored New Students: 14%
The Online Master of Business Administration program at the John Chambers College of Business and Economics is a comprehensive and innovative program that prepares students for a successful career in the business world. It is accredited, cost-effective, and provides a unique learning experience by combining experiential learning, consultative engagements, and entrepreneurial thinking. With the R1 Carnegie Research Level 1 designation, the program is recognized for its commitment to producing well-rounded, highly-skilled graduates. In addition to the traditional MBA curriculum, students have the option to earn a dual degree, such as a Juris Doctorate, Doctor of Pharmacy, Doctor of Dental Surgery (DDS), or Master of Science in Nursing. This program provides students with a well-rounded education, a wealth of hands-on learning experiences, and the essential skills needed for top job placement in a variety of industries.
20. University of Louisville
- 42 in MBA Programs
- Tuition per credit (Full time- In state): $711
- Tuition per credit (Full time- Out of State): $711
- Total Program Cost: $32,000
- Average Undergraduate GPA: 3.1
- Acceptance Rate: 74%
- Average GMAT Score: 432
- Employer-Sponsored New Students: 25%
The College of Business at the University of Louisville offers a Master of Business Administration (MBA) program that caters to working professionals seeking career advancement, a wider business perspective, and distinction in the workplace. This online MBA program provides an exceptional education, delivering tested business theories, practices, and leadership skills to help you become a more effective business professional, all on your own schedule. With an option to go on a 10-day business study trip, innovative electives, and certificates in specialized areas such as Distilled Spirits Business, Managerial Analytics, Horse Racing Industry Business, Family Business Management & Advising, or Franchise Management, you can tailor your degree and set yourself apart in today’s competitive job market. The online MBA is closely based on UofL’s nationally-renowned seated MBA program, which ranks among the top 50% of programs in the country, according to U.S. News & World Report. The online format provides the same high-quality business education, with the added flexibility to balance work, life, and education.
Full List of Best Online MBA Programs for 2023
| University of Wisconsin MBA Consortium |
| University of Massachusetts–Amherst (Isenberg) |
| University of Mississippi |
| University of Kansas |
| Ball State University (Miller) |
| Washington State University |
| University of Wisconsin–Whitewater |
| Oklahoma State University (Spears) |
| University of Delaware (Lerner) |
| University of Massachusetts–Lowell |
| University of Nebraska–Lincoln |
| Creighton University |
| Florida State University |
| The Citadel |
| Texas Tech University (Rawls) |
| University of Louisville |
| University of Massachusetts–Dartmouth (Charlton) |
| University of Memphis (Fogelman) |
| University of Tennessee–Martin |
| West Virginia University John Chambers College of Business and Economics |
| Mercer University–Atlanta (Stetson) |
| SUNY–Oswego |
| University of New Hampshire (Paul) |
| West Chester University of Pennsylvania |
| Xavier University (Williams) |
| Boise State University |
| Drake University |
| University of Nevada–Reno |
| University of North Dakota Nistler College of Business & Public Administration |
| University of Tennessee–Chattanooga |
| West Texas A&M University |
| Fayetteville State University |
| Louisiana Tech University |
| Montclair State University |
| University of Cincinnati |
| University of Iowa (Tippie) |
| Sam Houston State University |
| University of Maine |
| Central Michigan University |
| Ferris State University |
| Florida Atlantic University |
| Oregon State University |
| University of Colorado–Colorado Springs |
| University of South Dakota |
| University of Southern Indiana |
| Bryant University |
| Marist College |
| SUNY Polytechnic Institute |
| University of Scranton |
| University of Texas–Tyler |
An MBA is a master’s degree in business administration. In the 20th century, when companies wanted people with a lot of education in finance, accounting, human resources, and other business-related fields, this degree was made. The thought process behind creating the MBA was that people with such education would have the ability to advance companies using a scientific approach. While this is still helpful for many companies today, an MBA is no longer just for those seeking a career in the business management field.
Generally speaking, in order to earn an MBA, you must have received an undergraduate degree from an accredited college. You also need to have at least averageGMATscores for most MBA programs. Additionally, it is advantageous to research the programs you are interested in long before you plan to apply. This gives you the specifics that each school looks for in students, as well as provides you with important cut-off dates.
Earning your MBA Online
You may be excited to learn that you can now earn your MBA online. This is especially important for those with busy careers and family obligations. However, before you decide that an online MBA is the right program for you, take the time to do your research. Think about things like which programs are accredited and by which agency they are accredited. Find out each school’s requirements as well as the flexibility and availability of courses.
Accreditation
Accreditation means that a specific organization has audited the school’s facility, teaching criteria, staff, and students, among other items, and has deemed them in line with similar schools. This allows students to choose the best school for their personal situation while still receiving the same quality of education. Accreditation is also important when transferring credits from one college to another, as well as fairness in graduation exams and more.
Choosing an online MBA program that is accredited is important, as it helps prove the college is reputable and is not just handing out random certificates. Accreditation also lets employers know what their online MBA graduates should know and be able to do. This is a bonus to employers, and it makes hiring decisions easier.
One well-known company that provides online MBA programs with accreditation is the AACSB, which stands for the Association to Advance Collegiate Schools of Business. The AACSB was formed in 1919 and is in charge of accrediting business colleges in 51 countries. This also helps to ensure that courses across these different countries are as similar as possible. Because of rigorous standards, only about 10% ofonline colleges in the United States receive accreditation from the AACSB. Another important reason to use an online MBA program that is accredited by the AACSB is that schools are re-evaluated every five years for accreditation compliance. This ensures that courses remain up to the proper standards.
Business School AccreditingBodies
- AACSB
- ACBSP
- CHEA
- DEAC
- IACBE
Popular MBA Programs
Project Management MBA
Earning your online MBA in Project Management gives you the education and skills needed to handle business projects from beginning to end. This degree is ideal for those who are looking to take on a management or leadership role within a company. It often helps you to gain the skills you need to climb the corporate ladder.
As aproject manager, your main focus is to follow entire projects, make sure budgets are met, meet deadlines, and solve any issues that may arise during the course of the projects. While earning your MBA in project management, you will take courses such as project planning, quality control, risk management, and more. You will learn to work together with a team to learn how to create and achieve goals to ensure the business thrives.
If you decide to get an online MBA in Project Management, you will probably want to work in the construction industry, which includes architecture, or in software development or communications. Within these fields, there are various employment opportunities. According toGlassdoor.com, the national average salary for a project manager is $84,972.
Healthcare Management MBA
With an MBA in Healthcare Management, you will have the skills to excel in positions in the healthcare sector. Along with learning about financial issues, you will learn about laws and ethics related to the healthcare system. You may also participate in real-world problems to discover proper solutions that truly work.
With an online MBA in Healthcare Management, you will learn how to make the best decisions for companies in the medical field. This may include helping hospitals stay on budget and run well within their set parameters. You may also choose to be a healthcare consultant. In this position, you will learn how to stay profitable while ensuring patients’ needs are met. Another option is to choose to go into the private sector, where you may supervise staff, handle correspondence, and make sure the practice remains compliant. The average salary for someone with an MBA in Healthcare Management is $66,875, according toGlassdoor.
Human Resources MBA
Earning your online human resources MBA will provide you with the skills necessary to make decisions regarding personnel, leadership, hiring, management, and much more. This degree is best suited for those interested in how businesses run and run well, along with those who have a deep desire to work directly with people.
With an online MBA in human resources, you will have the ability to spot issues within the workplace, as well as be able to correct the problem. You will learn about workplace legalities, business ethics, and employee benefits. Additionally, you will have the ability to properly align positions and help to create proper pay scales.
Choosing an online MBA in Human Resources is a wise decision because this is such a vital role in many businesses. With this online degree, you could work as a human resources manager. In this position, you will help employees with their needs, enhance company morale, take care of company needs, and much more. According toGlassdoor, the average salary for a human resources manager is $60,547.
Dual Online MBA Programs
If you are dedicated to taking your education to the next level, consider doing a dual online MBA program. Dual MBA programs are set up to allow students to earn two degrees by allowing specific classes to count towards both degrees, saving both time and money. This is a great option for anyone interested in more than one degree to consider.
MSN MBA Dual Degree Online
Earning your MSN MBA dual degree online is a great choice if you are seeking both your master’s degree in nursing as well as your master’s in business administration. Having both of these degrees opens a variety of opportunities in the healthcare sector, such as becoming a hospital administrator or doing a variety of consulting work.
MBA MHA Dual Degree Online
Earning your MBA MHA dual degree online provides you with the management skills you would learn while earning your master’s in business administration. But it also includes the highly sought-after skills that you would learn when earning your master’s in healthcare administration. This dual degree offers a variety of career choices, including pharmaceuticals, health insurance, public policy, and more.
During our research, we found that several online schools offer MBAs with a concentration in the healthcare field. However, we had trouble finding 100% true online MBA MHA dual degree opportunities.
FAQ
How Long Does it Take to Complete an Online MBA?
Anonline MBA typically takes two years to complete. However, some accelerated programs can be completed in18,15, or even12months, whereas some part-time programs can takethree to six years to complete.
What Are the Requirements for MBA Admissions?
The requirements for MBA admissions are generallya bachelor’s degree and GRE or GMAT scores. However, here you can find the best business schools offering an online MBAdo not require a GMAT.
What Are Some MBA Careers?
There are many MBA careers. Individuals with an MBA can pursue careers in a wide range of fields. See the lists below for career and field information
MBA Careers
- Budget Analyst
- Business Advisory Consultant
- Business Systems Analyst
- Chief Executive Officer
- Chief Financial Officer
- Chief Operating Officer
- Chief Technology Officer
- Client Services Consultant
- Credit Risk Analyst
- Equity Research Analyst
- Finance Director
- Financial Analyst
- Financial Manager
- Foreign Exchange Trader
- Human Resources director
- Information Systems Manager
- International Trade Specialist
- Investment Analyst
- IT Consultant
- Management Analyst
- Marketing Manager
- Mergers & Acquisition Analyst
- Operations Manager
- Personnel Manager
- Portfolio Manager
- Product Development Financial Analyst
- Project Manager
- Research Analyst
- Risk Analyst
Career Fields
- Banking
- Brand or Product Management
- Corporate Financial Management
- Customer Relations
- Data Analysis
- Economic Advising
- Government Agencies
- Health Care Industry
- Human Resources Management
- Insurance
- International Banking
- Law Firm Management
- Market Research
- Money Management
- Non-profit Management
- Operations Management
- Personal Financial Planning
- Production Management
- Purchasing & Procurement
- Quality Control
- Real Estate
- Research & Forecasting
- Sales & Retail
- Teaching
- Technology
- Transportation & Logistics
Popular Online MBA Programs
FAQs
Which online MBA is the best? ›
- Best Online MBA.
- NMIMS.
- Indian Institute of Management.
- IGNOU.
- Suresh Gyan Vihar University.
- Sikkim Manipal University.
- ICFAI University.
Do employers accept online degrees? In general, employers should treat an online degree the same as they would a campus-based degree. Most employers care far more about the quality of the school than the delivery format of the degree.
Are online MBA programs respected? ›Are online MBAs respected – and are online MBAs worth it? The simple answer is yes. Many employers view online MBA programs as being just as credible as traditional on-campus programs. They understand that the quality of an educational program depends on more than just the delivery method.
What is the easiest top MBA program to get into? ›| School | Acceptance Rate |
|---|---|
| Oklahoma State University | 83% |
| Coastal Carolina University | 84.1% |
| Appalachian State University | 84.4% |
| Missouri University of Science and Technology | 84.8% |
An online MBA essentially gives you a splendid return on your investments if you're a working professional who is working while acquiring the prestigious MBA degree through online mode of learning. In such a case, you earn both money and a degree at the same time. You save money as well as time and so it is a win-win!
Which MBA rankings are most reliable? ›- Financial Times Global MBA ranking. ...
- The Economist full-time MBA ranking. ...
- Forbes best business schools ranking.
According to these data, the average age of online MBA students who started a program during that period was 33 years old – older than the average of 27 for those who began an on-campus, full-time MBA program in fall 2016.
Do employers care where you got your MBA from? ›Do Employers Care Where You Get Your MBA? The answer depends on your intended employer. Some companies focus on where candidates earned their MBAs, while others prioritize the degree specialization or relevant work experience.
How difficult are online MBA programs? ›An online MBA degree has the same difficulty level as any business program. In addition, learners need to possess discipline, time management, and exceptional organizational skills to stay on top of their work.
Does online MBA increase salary? ›After pursuing an online MBA, you will be able to get an average salary package of INR 4-6 lac per annum.
Does Harvard do an online MBA? ›
HBS offers online programs through HBS Online and some through its executive education program, allowing for further business education for those who wish to do so remotely.
How much does an MBA increase salary? ›In 2019, TransparentCareer analyzed salary insights from MBA graduates between 2009 to 2018 and found that MBA graduates increased their salaries by an average of $36,742, from $79,505 before seeking their degree to $116,248 after earning their degree [8].
What GPA is too low for MBA? ›There is no one particular answer to this question, but generally, a score lower than 3.4 GPA may be considered a low GPA. If you wish to target the top MBA programs, you may want to have a safe ground at 3.4 and above. The average GPA score to join an MBA course for the top 50 universities lies between 3.4 and 3.7.
Is MBA worth it at 30? ›As per your requirement, i would say that its definitely okay to do full time mba at 30 years of age. Amybody can do mba as there is no upper age limit for it. Many experience holders do mba at age after 30 .
Which MBA class is hardest? ›- Accounting & Economics. ...
- Management Communications. ...
- Capstone Courses & Practical Projects.
They are as follows: If any student is lacking a flexible work schedule or is bound by geographical restrictions, choosing online MBA courses would be best for him. In case you are not tech-savvy or living in places where internet access is a problem, going with regular MBA programs would be the best option.
Is distance MBA better than online MBA? ›The course MBA either regular, online, or distance is a master's level program available for 2 years and is offered in various specialisations. Both the courses are equal in the eyes of the law as online and distance education has been approved of equal value by the University grants commission (UGC).
Is an MBA worth it nowadays? ›According to GMAC's Corporate Recruiters Survey, in 2021, the average starting salary for MBA holders was between 22 percent and 40 percent higher than for bachelor's degree holders. Seventy-one percent of corporate recruiters agree that employees with a business school education earn more at their companies.
Which MBA has the most value? ›Traditionally, finance, marketing, HR, operations, and entrepreneurship are some of the most sought-after and the best MBA specializations and are considered safest by many students.
Which MBA is most preferred? ›- MBA in Accounting. ...
- MBA in Analytics Intelligence. ...
- MBA in Healthcare Management. ...
- MBA in Human Resources Management. ...
- MBA in Finance. ...
- MBA in Management. ...
- MBA in Marketing.
What is the most valuable MBA? ›
The INSEAD MBA is ranked the number one program in the world in the 2021 rankings, up three places from last year after the three highest rated schools—Stanford, Harvard and Wharton—pulled out of the FT rankings.
Is 35 too old for a full-time MBA? ›Coming back to the main question, the rule, in general, is that schools do not consider age as a major factor in the admission decision process. Most B-Schools do not usually quote age limits for MBA programs, rather they set requirements for the number of years of full-time, relevant work experience.
Is 40 too old for MBA? ›Every stage in life brings advantages and challenges to graduate education. Still, you can be comforted in knowing that there is no age limit for higher learning. In fact, an MBA at 40 could deliver many unique benefits above and beyond those enjoyed by younger students.
Is an MBA math heavy? ›Although most of your MBA math courses will not require a great deal of mathematical calculations, it is important to understand that you will have to work with numbers and apply mathematical principles such as averages, percentages and ratios throughout your online MBA program.
How much do MBA graduates make after 10 years? ›| Degree | Lifetime Median Cash Pay | Early Career Median Pay |
|---|---|---|
| Top 10 MBA Degrees | $8,045,000 | $133,000 |
| Top 50 MBA Degrees | $5,655,000 | $93,500 |
| All MBA Degrees | $4,110,000 | $68,000 |
| All Bachelor's Degrees | $3,320,000 | $55,000 |
- Written communication skills (82 percent)
- Problem-solving skills (80.9 percent)
- Ability to work in a team (78.7 percent)
- Initiative (74.2 percent)
- Analytical/quantitative skills (71.9 percent)
- Strong work ethic (70.8 percent)
- Verbal communication skills (67.4 percent)
MBA students often choose to work while completing their studies, either on a full-time or part-time basis.
What is the hardest online MBA to get into? ›| Rank | School | Acceptance Rate 2020 |
|---|---|---|
| 1 | Indiana University (Kelley) | 65.9% |
| 7 | University of Texas-Dallas (Jindal) | 50.6% |
| 3 | University of Southern California (Marshall) | 64.9% |
| 10 | University of Florida (Warrington) | 63.6% |
Is an MBA harder than a master's? The difficulty of a program depends entirely on the institution. Both an MBA and master's in business are graduate-level programs, and meet the same rigorous academic standards.
How many hours a week does an online MBA take? ›The time commitment for Olin's Online MBA requirements is 15 to 20 hours per week, or three courses per semester.
How much should I make with an MBA and no experience? ›
As of Mar 5, 2023, the average annual pay for an Entry Level MBA in California is $78,231 a year. Just in case you need a simple salary calculator, that works out to be approximately $37.61 an hour. This is the equivalent of $1,504/week or $6,519/month.
Why MBA graduates are paid high? ›Why is the MBA salary so high? MBA salaries are high due to the valuable education, experience, and specialized skills graduates possess. Additionally, MBA programs have established networks with top companies, leading to high-paying job opportunities.
Do any Ivy League schools have online MBA? ›So, are there any available online MBA degrees from an Ivy League school? It turns out, yes. But only from two: Brown University and, in 2023, the University of Pennsylvania's Wharton School. Brown University offers an online MBA-style program.
Does Yale offer online MBA? ›Accelerated Management Online Program | Yale School of Management. MBA Two-year program for leaders in all industries. MBA for Executives Rigorous executive MBA for accomplished professionals.
Do Ivy Leagues offer online MBA? ›Also noteworthy, you can actually earn an Ivy League MBA fully online at the Dartmouth Tuck School of Business. Then there's Harvard, which offers a partially-online Graduate Degree.
Can I make 100k with a MBA? ›Nearly all of the top 50 MBA programs reported starting salaries of over $100,000 per year. And other factors — including location, experience, and industry — can play a significant role in your MBA salary.
What is the salary 5 years after MBA? ›After 4-5 years, when MBAs become senior project leaders and associate principals, they can earn up to $ 250,000 – $ 320,000. At the junior partner level base salary further increases to $350,000 – $420,000. The average base salary for consultants at MBA level at top firms in 2020 is $157.364. .
Is it easy to get a job with MBA? ›Having an MBA puts you in a good position to excel up the corporate ladder more quickly, increase your salary, and/or start your own business. In fact, year over year, the job opportunities for business graduates has increased from 22% to 28%.
Can I get an MBA with a 2.0 GPA? ›MBA admissions requirements vary, but in general, students with at least a 2.5 GPA in the last 60 hours of their undergraduate studies are encouraged to apply to graduate business programs. These are not hard-and-fast rules, as MBA admissions counselors sometimes consider other factors.
Can I get into MBA with 2.7 GPA? ›Some of these same programs offer part-time MBA programs for which the rankings aren't nearly as important. For example, if you have seven or more years of work experience, that 2.7 GPA is ancient history AND there are wonderful mid-career or executive MBA programs that you might investigate.
Can I get into MBA with 2.0 GPA? ›
When one aspect of your MBA application is weaker, you want to maximize other areas. Keep in mind that there's no specific cutoff for a GPA or test scores. Every year we work with clients who have had sub-3.0 GPAs and they are still accepted into their target MBA programs.
Is 45 too late for MBA? ›The answer is that each person is different. For some, enrolling in an MBA or Executive MBA (EMBA) could be the best option for personal and professional growth; even at the age of 50. For others, it could be a bad investment, offering few benefits while you fork out a huge sum of money.
What is the ideal age for MBA? ›Studies suggest that the best age for pursuing a normal MBA course in India is 25-27, and for an Executive MBA, it is 28-30. However, these are just numbers, and remember that you can do an MBA at any age!
At what age do most people do MBA? ›Full-time program students average about 27 years old when starting their MBA programs. This fits in with the three to six years of work experience most graduate students have before starting their MBA.
Which is the easiest MBA? ›In India, based on MBA aspirants' feedback, the Common Management Admission Test CMAT is the easiest MBA (Master of Business Administration) entrance examination. I hope this will help you. CAT is the toughest because its score is used by legacy IIMs which are the best B-Schools in India.
What is the easiest school to get an MBA? ›Northeastern University's D'Amore-McKim School of Business features an unmatched online MBA. This #1 easiest program is a high-quality program that includes an excellent ROI potential, GMAT waiver for qualifying applicants, and 100% online instruction.
Is online MBA better than regular MBA? ›The value of both the MBA courses is deemed equal to that of a regular MBA and offers prospects a higher-paying job.
Is online MBA better than regular? ›The regular MBA course has better placement opportunities than the distance course and this can help you to get a push in your career and can get a better start in your career.
Is Online Harvard MBA worth it? ›According to the 2022 survey (pdf) of HBS Online learners, 42 percent said an HBS Online course helped boost their salary, with an average reported increase of $17,000—a 10-times return on their investment.
Does it matter where I get my MBA? ›Does it matter where people get their MBA? Yes, the brand of the degree usually predicts the type of student peer group, recruiting opportunities, and overall return on the investment, inclusive of salary potential and MBA networks.
How difficult is MBA online? ›
Yes, online MBAs are easy to get into. Fortunately, that doesn't mean online programs are in any way inferior to programs held physically in classrooms. The work tends to be every bit as challenging, and the resulting degree is every bit as credible.
How many hours a week is an online MBA? ›What is the commitment for an MBA leadership online degree? The time commitment for Olin's Online MBA requirements is 15 to 20 hours per week, or three courses per semester. Over the course of the semester, there are eight live sessions plus class group activities and your own personal work.
How fast can you finish an online MBA? ›The fastest online MBA programs take 12-20 months to complete. Traditional full-time MBA students usually graduate in 24 months, but part-time learners may take longer.
Which MBA specialization is best? ›- MBA in Accounting. ...
- MBA in Analytics Intelligence. ...
- MBA in Healthcare Management. ...
- MBA in Human Resources Management. ...
- MBA in Finance. ...
- MBA in Management. ...
- MBA in Marketing.
- Prepare for success: Speak with key contacts beforehand. ...
- Be more flexible when it comes to learning. ...
- Find out what makes you feel organized and motivated and commit to it. ...
- Make time management a priority. ...
- Network both on and offline.
So, are there any available online MBA degrees from an Ivy League school? It turns out, yes. But only from two: Brown University and, in 2023, the University of Pennsylvania's Wharton School. Brown University offers an online MBA-style program.
Is it hard to get into Harvard Business School Online? ›Considering the high standards Harvard School of Business has for its applicants, it is very hard to get into Harvard Business School. According to US News, Harvard is the second-best university in the US.
Which MBA field has highest salary? ›Which MBA Has the Highest Salary? Three of the most paid MBA specialisations include- MBA in Business Analytics, MBA in Finance and MBA in Entrepreneurship. The salaries for each of these disciplines broadly lie in the range of 70,000 USD to 90,000 USD or 60,00,000 INR to 90,00,000 INR per annum.
Will an MBA increase my salary? ›Earning an MBA can lead to career advancements, which can result in an increased salary of of almost double what you were making prior to the program, according to the U.S. Bureau of Labor Statistics (BLS) While an MBA program typically costs between $50,000 and $100,000, students tend to earn a higher salary from it.
What is the starting salary after MBA? ›An MBA professional in India can earn a starting salary of Rs. 10-12 lakhs per year. The average starting salary for an MBA graduate in India is Rs. 9 lakhs per year.