Top Online MBA Programs
Whether or not seeking to begin a new profession in business, or to climb the ladder inside an already established profession, earning an online MBA degree could make good profession and monetary sense. In line with a 2011 research survey by The Graduate Management Admission Council, 2010 MBA graduates had a median beginning wage of $seventy eight,820. The median salary for all MBAs surveyed was $94,542, with an extra $17,565 in bonus compensation. Furthermore, nearly 9 in 10 (88%) of 2010 MBA graduates had jobs immediately upon graduation, with hiring prospects expected to enhance much more in coming years.
Advantages of On-line MBA Programs
Conventional full-time MBA programs include quite a few hidden costs, together with at the least two years of misplaced revenue, expertise, visibility, and potential promotions, to not mention major sacrifices in personal and family life. That is why many people choose to pursue their MBA online. With an accredited online MBA program it isn’t essential for a person to sacrifice work or household to be able to obtain their dreams and improve their high quality of life.
The Number of On-line MBA Programs
The standard, standing, and recognition of online MBAs continues to rise, with increasingly highly ranked enterprise schools offering online enterprise levels every year. But not all on-line enterprise levels are the same. Not only do online MBA’s are available a variety of formats, however their quality and prestige vary broadly as well. That is why it’s necessary to make a thorough investigation of the various completely different on-line MBA packages obtainable earlier than making such an necessary decision and investment.
Online MBA Program Rankings
Our listing of the 25 greatest on-line MBAs is the place to begin that investigation. Whereas no rating system is ready to substitute for private judgment about what program is finest for an individual student, we offer one of the crucial complete, completely researched, and up-to-date listing of what we think about the perfect accredited online MBA levels as a useful start line for potential students. These packages have been analyzed and ranked according to their perceived status (awards, rankings, fame), academic high quality, and affordability.
1. The College of Florida, Hough Graduate College of Business (Gainesville, FL)
Govt Abstract - A high quality program with an excellent popularity at an incredible price.
Rankings: 1 (tie) Distance Learning MBA, The Economist (2010); 2 U.S. Finest Value MBA, Monetary Instances (2011); 9 Recruiter’s Choice, Wall Road Journal (2010); 28 Enterprise College, U.S. News & World Report (2011).
Program: In addition to the usual two 12 months program, the Internet MBA is available in an accelerated sixteen month format for these with an undergraduate enterprise degree earned within the final seven years. Both applications require one weekend campus visit per 4 month term.
Admissions: The online MBA degree is essentially the most aggressive of all of the enterprise packages at The College of Florida, with numerous candidates from all around the world competing for 65 spots. An accredited bachelor’s diploma in any topic required for the two-year program, a bachelor’s in business for the accelerated. Both packages at least two years skilled expertise and the GMAT. Admissions are made on a rolling basis.
Tuition: $47,150 for standard program, $forty one,400 for accelerated. Books, room, board, and journey usually are not included with tuition, but all college students obtain an Apple iPad.
2. EI Enterprise College (Madrid, Spain)
Govt Abstract - An excellent program, particularly for those all in favour of worldwide business, from one of the premier international business colleges in the world.
Rankings: 1 (tie) Distance Studying MBA, The Economist (2010); 3 Worldwide MBA, BusinessWeek (2010); 6 International MBA, Monetary Occasions (2011); 24 International Business Faculty, Wall Road Journal (2010).
Program: The Global MBA On-line is obtainable in both English and Spanish formats. This system is 15 months lengthy and requires two week long residencies in Madrid. Presents a very numerous student body and the opportunity to develop international network of contacts. Follows a case research approach using asynchronous on-line classes, dwell interactive video sessions on weekends, and blended sessions.
Admissions: Admissions are rolling, however very competitive. Bachelor’s degree and GMAT or IE Admissions Check required. Skilled expertise preferred, but not mandatory.
Tuition: 37200 Kilos=~$50350. Doesn't include books, travel, room or board.
3. The College of Indiana, Kelley College of Business (Bloomington, IN)
Government Abstract - Nice flexibility and inexpensive tuition from one one of the best enterprise faculties within the U.S..
Rankings: 2 (three method tie) Distance Learning MBA, The Economist (2010); 8 Best Professors, Princeton Evaluation (2011); 23 Business College, U.S. News & World Report (2010); 19 Enterprise Faculty, BusinessWeek (2010).
Program: The Kelley Direct Online MBA degree program may be completed in as little as two years and as many as five years, relying on the coed’s individual need and preference. This system is targeted on normal administration, with 9 hours of electives for more personalised tailoring. All courses are asynchronous, so no set instances to be online. Some campus visits required, including orientation at beginning of program.
Admissions: Admissions are very competitive. Bachelor’s diploma and GMAT required. Not less than two years skilled expertise most well-liked, but not required. Program begins every fall, with a June 15 software deadline.
Tuition: $54,111. Books and journey prices not included.
4. Thunderbird College of International Management (Glendale, AZ)
Government Summary - A prime-quality MBA diploma with nice flexibility and alternatives for worldwide experience, all at a terrific value.
Rankings: 1 Worldwide Enterprise, The Financial Times (2010); 1 International Enterprise, U.S. Information & World Report (2010); 2 (tie) Distance Studying MBA, The Economist (2010); 3 Business School, Wall Street Journal (2010).
Program: The Distance Learning MBA is accessible in 19, 28, and 36 month formats. Three-quarters of this system is on-line (asynchronous), with the remaining quarter administered by means of regional business seminars all over the world ( including Beijing, China, Geneva, Switzerland, and Santiago, Chile). Program emphases can be found in World Business, International Research, and Cross-Cultural/English Business Communication.
Admissions: Rolling, however very competitive. Bachelor’s degree (or equal) and GMAT required.
Tuition: $sixty six,800. Contains books and room and board for orientation, worldwide examine, and graduation. Travel fare not included.
5. The University of North Carolina, Kenan-Flagler School of Enterprise (Chapel Hill, NC)
Government Abstract - The brand new program from one of the high ranked enterprise schools in the U.S. isn't as expensive as it seems initially when you consider every part that’s included with tuition.
Rankings: 10 Enterprise Faculty, Wall Street Journal (2010); 15 Entrepreneurship, Princeton Overview (2011); sixteen Enterprise Faculty, BusinessWeek (2010); 21 Enterprise Faculty, U.S. News & World Report (2010); forty Enterprise Faculty, The Economist (2010).
Program: The primary class of the brand new MBA@UNC will start within the fall of 2011. The program might be accomplished in 2-3 years. Utilizes a mix of synchronous and asynchronous formats, with weekly on-line face-to-face interactions with school and classmates. Two weekend residencies at various places across the globe required, with 4 complete allowed and included in tuition. No electives or concentration accessible at this time.
Admissions: Aggressive, rolling admissions with quarterly intakes (July, October, January, April). Two years of professional experience, bachelor’s degree, and GMAT or GRE required.
Tuition: $89,000 inclusive of all the program, together with all books, supplies, room and board for 4 immersion weekends.
6. The University of Maastricht, Faculty of Enterprise and Economics (Maastricht, Netherlands)
Government Summary - A nicely respected, fairly priced worldwide program with an emphasis on European business.
Rankings: 2 (tie) Distance Studying MBA, The Economist (2010); 20 On-line MBA, Monetary Instances (2010).
Program: The Euro*MBA is a two-year program collaboratively offered by six of the top enterprise schools and universities in Europe, drawing a global scholar body and faculty. The program is run by College of Maastricht Business School in the Netherlands. Particular give attention to European business and management focus. A four day orientation and six residential weeks in numerous European places required.
Admissions: Competitive. Solely 2 applicants admitted per yr in current years. Bachelor’s degree (or equivalent) and 5 years of professional expertise required. GMAT not required. July 15 deadline for September intake; November 15 for January intake.
Tuition: EUR 26,500=~$36,069. Covers all course supplies and tutoring. Required worldwide travel and boarding (EUR 800-900/$1088-1224 a week) not included.
7. Babson Faculty, F.W. Olin Graduate College of Enterprise (Babson Park, MA)
Govt Summary - Great program, especially for entrepreneurs, but dear, especially when value of books and journey are factored in.
Rankings: 1 Entrepreneurship, Princeton Review (2011); 39 Business College, BusinessWeek (2010); fifty four Enterprise College, U.S. News & World Report (2010).
Program: The Quick Monitor MBA is a two year program with an entrepreneurial leadership focus and an expertise and team based mostly approach. Weekend face-to-face conferences each six weeks required, assembly either at Babson or a satellite in San Francisco, California. Four electives allow some private tailoring of the program, which terminates with a ultimate capstone project.
Admissions: Admissions are rolling and competitive, with March and October begin dates. Bachelor’s diploma and GMAT or GRE required.
Tuition: $73,500. Books and travel costs not included.
8. Duke University, Fuqua School of Enterprise (Durham, NC)
Government Abstract - A prestigious diploma that ensures publicity to a variety of worldwide business contexts and networks, however outrageously costly with greater than the average quantity of traveling.
Rankings: 6 Business Faculty, BusinessWeek (2010); 14 Business Faculty, U.S. News & World Report (2010); 20 Global MBA, Financial Occasions (2010); 28 Enterprise Faculty, The Economist (2010).
Program: The International Executive MBA is designed for senior global executives and managers. The 15 months program involves 5 residencies, two in Durham, NC, and the remaining in London & St. Petersburg, Dubai & New Delhi, Shanghai & Singapore. Four electives allow for personal tailoring of the diploma, in addition to an non-compulsory 2-course impartial project in one in all six concentrations (Energy & Atmosphere, Entrepreneurship & Innovation, Finance, Advertising, Technique, Health Sector Management).
Admissions: Rolling and very competitive. online mba no GMAT required, however a bachelor’s degree and not less than 10 years work expertise with present or pending world responsibilities.
Tuition: $146,600. Contains books, materials, lodging and food, however not travel costs.
9. Penn State World Campus (School Township, PA)
Government Abstract - An excellent program at a reasonable value that doesn’t require professional experience.
Rankings: 1 Online Faculty, The Finest Colleges (2011);forty four Enterprise Faculty, BusinessWeek (2010); 48 Business School, U.S. News & World Report (2010); fifty six Business Faculty, The Economist (2010).
Program: The iMBA is a two 12 months program with two one-week required residencies. College students enter and stick with the same cohort througout program, taking the identical courses at same time, though courses are supplied asynchronously.
Admissions: Bachelor’s diploma and GMAT or GRE required. Two years of professional experience most well-liked however not required. May 1 deadline (March 1 early) for Fall cohort; October 1 (July 1 early) for Spring cohort. Choice is given to early deadline applications.
Tuition: $fifty four,760. Contains books, fees, room and board.
10. Drexel University, Lebow Faculty of Enterprise (Philadelphia, PA)
Executive Summary - A great college with a wonderful fame, significantly in educational quality and entrepreneurship, however pretty expensive.
Rankings: three Entrepreneurship, Princeton Evaluate (2011); 3 Enterprise School, Entrepreneur Magazine; 10 half-time MBA businessweek; eleven On-line College, The Finest Schools (2011); Excellence in Establishment-Wide On-line Training Award, Sloan Consortium (2010).
Program: The MBA Anyplace is a two year degree, with specializations in Marketing, Finance, Engineering Administration, and Entrepreneurship. It makes use of a cohort format, with 25-30 per cohort. Three 4-day on-campus residencies recommended, but only one is required.
Admissions: Rolling and reasonably competitive. Bachelor’s diploma with 3.0 GPA or greater and GMAT or GRE required. Fall and spring semester intakes.
Tuition: $58,000. Doesn't embrace books, room, board, or travel.
11. Warwick Business Faculty, The College of Warwick (Coventry, UK)
Govt Summary - A superb diploma with a excessive degree of flexibility and cheap tuition.
Rankings: 1 Distance Learning MBA within the UK, The Economist (2010); 10 Greatest Worth MBA, Financial Instances (2010).
Program: The Distance Learning MBA program is self-paced, completed in 2-5 years. Six electives allow for significant tailoring. Consultancy mission and dissertation to be accomplished at finish of program. Between 2-4 on-campus seminars required, depending on curriculum path chosen. Optional 5-day international module available.
Admissions: Bachelor’s degree (or equivalent), GMAT, and no less than 4 years skilled work expertise required.
Tuition: 6200 Pounds=~$10,062 a year. Books included, however not room, board or travel costs.
12. Arizona State University, W. P. Carey College of Enterprise (Phoenix, AZ)
Govt Abstract - One of the prime public business colleges in the U.S. presents an excellent degree at a wonderful value.
Rankings: 10 Best Value MBA in U.S., BusinessWeek (2011); thirteen Enterprise Faculty, Wall Road Journal (2010);27 Enterprise School, U.S. News & World Report (2010).
Program: The Online MBA is a two yr diploma and makes use of the identical curriculum and school as the on-campus MBA. Students are assigned to cohort and proceed one course at a time, allowing for extra in-depth focus. Emphases are available in Finance, Worldwide Business, Advertising, and Supply Chain Management. Only one campus visit required.
Admissions: Competitive. Bachelor’s, GMAT, and two years work experience required. Might 1 (March 1 early) deadline for July start.
Tuition: $48,000. Consists of books, room, and board.
13. Northeastern University, Faculty of Business Administration (Boston, MA)
Executive Abstract - An especially versatile and individually tailor-made degree from a respected enterprise school with no required travel.
Rankings: 5 Online Schools, The Best Faculties (2011); fifty six Business School, BusinessWeek (2010); 62 Enterprise College, U.S. News & World Report (2010).
Program: The On-line MBA Program is a two yr program with specializations out there in Finance, Healthcare Management, High Know-how Management, Innovation Entrepreneurship, Worldwide Management, Advertising and marketing, Operations and Supply Chain, and Normal Management. Five electives are allowed for even higher particular person tailoring.For a further four credits college students can earn a Master of Science in Finance in addition to their MBA. No campus visits required.
Admissions: Rolling and competitive with nine completely different start dates. Bachelor’s diploma with 3.0 GPA and five years of professional expertise required. No GMAT required.
Cost: $62,500. Doesn't embody books or course materials.
14. Carnegie-Mellon, Tepper Faculty of Enterprise (Pittsburgh, PA)
Government Abstract - A high quality and revered program, however the cost and firm-based mostly strategy put it out of reach for many.
Rankings: 15 Enterprise Faculty, BusinessWeek (2010); 16 Enterprise College, U.S. News & World Report (2010); 21 Enterprise School, The Economist (2010); 34 International MBA, Monetary Times (2010).
Program: The FlexMode Distance Studying MBA is a 3 yr program delivered at company sites in the U.S. by way of actual-time video conference. Potential students should get their firm to sponsor the program, which requires at least six students. Interested students can schedule a presentation at their company by a Carnegie-Mellon representative. One on-campus orientation weekend required. Optionally available on-campus seminars every January for more intensive face-to-face study.
Admissions: Bachelor’s diploma and GMAT required..
Tuition: $eighty one,936. Does not include books, room, board, or travel.
15. Syracuse College, Whitman School of Administration (Syracuse, NY)
Govt Abstract - A superb, if considerably expensive, program that doesn’t require the GMAT.
Rankings: 12 Entrepreneurship, Princeton Overview (2011); 59 Enterprise Faculty, U.S. News & World Report (2010).
Program: The iMBA is a three yr program with concentrations available in Accounting, Entrepreneurship, Finance, Advertising Administration, and Provide Chain Management. Classes are delivered in an asynchronous format. Three electives enable for particular person tailoring. One week residencies required thrice a year.
Admissions: Selective. Bachelor’s diploma and five years of full-time skilled expertise required. GMAT not required. July 1 and November 1 deadlines for fall and spring starts.
Tuition: $sixty two,748. Doesn't include books, travel, room, or board.
16. The College of Manchester, Manchester Enterprise School (Manchester, UK)
Govt Summary - An impressive program with a status for academic rigor that offers rare specializations in engineering, development, and sports activities business.
Rankings: 5 Finest Return on Investment, Forbes (2009); 11 Global MBA, Financial Instances (2010); 15 Finest MBA’s, MBA Career Guide (2009); sixty one Global MBA, The Economist (2010).
Program: The Online World MBA is normally completed in three-5 years, with an accelerated 2 12 months possibility additionally available. Specializations in Finance, Engineering, Development, Sport and Main Events. Face-to-face induction course at Manchester or another world location required, adopted by two intensive face-to-face sessions every six months. Three electives for individual tailoring.
Admissions: Competitive. Bachelor’s diploma (or equal) and three year of professional experience required. No GMAT required, although could also be requested in some circumstances. May 21st software deadline.
Tuition: 22000 Pounds=~$35490. Doesn't embody books, room, board, or journey costs.
17. The Florida State University, College of Enterprise (Tallahassee, FL)
Executive Summary - A stable program with no required journey and an especially good value in case you are a Florida resident or can get the particular tuition supplement for out of state applicants.
Rankings: eight Greatest Online College, The Best Faculties (2011) 32 Best Buy Online MBA, GetEducated (2010); 75 MBA Program, U.S. Information & World Report (2011).
Program: The Online MBA is a 28 month program with specializations in Advertising, Administration Info Techniques, Actual Estate, Danger Administration and Insurance. No campus visits required.
Admissions: Reasonably competitive. Bachelor’s diploma and GMAT required. Professional expertise not required. March 1, June 1, and October 1 deadlines for summer, fall, and spring intakes.
Tuition: $20,656 in state/$45,277 out of state. Does not embody books. Some out of state college students qualify for special tuition supplement that can cover out of state costs, bringing tuition to in state level.
18. The College of Massachusetts, Isenberg School of Administration (Amherst, MA)
Govt Summary - A very versatile and respected program at an awesome price.
Rankings: 6 Half-Time MBA (Northeast), BusinessWeek (2009); 9 Biggest Opportunities for Women, Princeton Evaluation (2011); 13 Finest Online Faculty, The Finest Schools (2011); Excellence in Establishment-Wide Online Schooling, Sloan Consortium (2005).
Program: The MBA allows college students to take as few or as many programs per semesters as desired and is usually completed in 2.5-5 years. Programs are asynchronous and taught by the identical faculty as the on-campus MBA. Three electives enable for some tailoring of degree. No campus visits are required, though college students can take “reside” programs if live near a UMass sattelite campus.
Admissions: Moderately competitive. Bachelor’s degree and GMAT or GRE required. Three or extra years of professional expertise preferred. Utility deadlines are July 1 for fall, December 1 for spring, Could 1 for summer.
Tuition: $27930. Books not included.
19. Worcester Polytechnic Institute, WPI Faculty of Business (Worcester, MA)
Govt Summary - An modern and rising program with a robust expertise and entrepreneurial focus.
Rankings: 1 Half-Time MBA, BusinessWeek (2009); 5 Best Opportunities for Girls, Princeton Evaluate (2011); 10 Entrepreneurship, Entrepreneurship Magazine (2010); 82 Best Business Faculties, U.S. Information & World Report (2010).
Program: The Blended Cohort MBA can be accomplished in 2.5 years. All programs are taught from a technological perspective and make the most of a fingers-on, experiential approach. Concentrations are available in Entrepreneurship, Information Safety Management, Info Expertise, Operations Administration, Process Design, Supply Chain Management, Technological Innovation, and Technology Marketing. Three residency Saturdays and two 2-hr. synchronous web sessions per semester are required. Thesis and directed research choices are available.
Admissions: Competitive. Bachelor’s diploma and GMAT required. Software deadlines are July 1 for fall and October 1 for spring.
Tuition: $fifty five,632. Books, room, board, and journey prices not included.
20. The College of Texas at Dallas, Faculty of Administration (Dallas, TX)
Executive Summary - A revered and really flexible program with a number of electives and never travel necessities, but expensive for non-residents.
Rankings: 41 Part-Time MBA, U.S. News & World Report (2011); Top 40 On-line MBA, Monetary Occasions (2010); forty nine MBA Program, U.S. News & World Report (2009).
Program: The World MBA On-line is self-paced and taught by the same faculty because the on-campus full time MBA. A full 24 hours of electives allow for huge flexibility in tailoring the diploma to particular interests and needs. No residencies or campus visits required.
Admissions: Reasonably competitive. Bachelor’s diploma and GMAT or GRE required. Utility deadlines are July 1 for fall, November 1 for spring, April 1 for summer.
Tuition: $41564 for residents/$65923 non-residents. Books and course materials not included.
21. Oklahoma State College, Spears College of Enterprise (Stillwater, OK)
Executive Abstract - One of the pioneers of the web MBA provides a strong degree at a superb value with no journey or work expertise required.
Rankings: 2 Greatest Purchase On-line MBA, GetEducated (2010); 89 Enterprise School, U.S. News & World Report (2010).
Program: The Distance Studying MBA is a 36-48 credit hour program with 15 credit score hours of electives. There aren't any required residencies or campus visits, however a mixture of online and on-campus courses is an out there option.
Admissions: Reasonably competitive. Bachelor’s diploma with 3.0 GPA and GMAT required. Work experience not required, however preferred. Utility deadlines are July 1 for fall, November 1 for spring.
Tuition: $14,832 resident/$37,152 non-resident. Books not included.
22. The University of Texas at San Antonio, Faculty of Enterprise (San Antonio, TX)
Government Summary - A respected and very versatile program at a fantastic value with no travel requirement.
Rankings: 1 Finest Business Schools for Hispanics, Hispanic Business Journal (2009); 28 Flex MBA, BusinessWeek (2010); 31 Greatest Worth MBA, GetEducated (2009); Excellence in Distance Learning, U.S. Distance Learning Association (2001).
Program: The MBA On-line in General Management is UTSA’s model of the University of Texas Consortium Online MBA, which pools together college and sources of eight UT-system schools. The degree is self paced, taking 2-5 years to complete. College students might take as many or as few classes a semester and might even can step out of program for as much as 2 years with out having to reapply. Students can even swap backwards and forwards between full-time and half-time. No campus visits required.
Admissions: Bachelor’s diploma and GMAT or GRE required. Application deadlines are July 1 for fall, November 1 for spring.
Tuition: ~$14,000 resident/~$36,000 non-resident. Books not included.
23. Colorado State College, College of Enterprise (Fort Collins, CO)
Executive Summary - A really versatile and inexpensive diploma from a respected faculty that doesn’t require travel.
Rankings: 15 Finest On-line Schools, The Finest Faculties (2011); Prime 40 On-line MBA, Princeton Overview (2010); forty one, Best Buy Online MBA, GetEducated (2009).
Program: The Distance MBA comes in two yr and four 12 months formats, with up to five years allowed for completion. Both formats require summer season courses. Though identical to the on-campus diploma, no thesis, last project, or comprehensive examination is required. 4 credits of electives allowed and a certificates in finance may be earned with some additional course work. No residency or campus visits required.
Admissions: Bachelor’s degree and at least 4 years of professional experience. GMAT may be waived with 3.0 GPA and at least 8 years work experience. Software deadlines are December eight for spring, July 15 for fall.
Tuition: $26,800. Books not included.
24. College of Maryland College Faculty, Graduate School of Management & Expertise (Adelphi, MD)
Government Summary - An affordable award profitable degree with no journey and minimal admissions requirements.
Rankings: Excellent eLearning Program Award (On-line MBA), Educational Technology Council (2010); Distance Program of the Yr (On-line MBA), IMS Global Studying Consortium (2009); Most Outstanding Online Teaching & Learning Program Award (Online MBA), Sloan Consortium (2005).
Program: The Online MBA is a two year program administered in cohort format. Several dual degree choices are available. No campus visits are required.
Admissions: Mildly competitive. Bachelor’s degree required. No GMAT or professional experience required.
Tuition: $29,148. Books not included.
25. Regis College, School for Professional Research, College of Management (Denver, CO)
Executive Abstract - A fast, versatile program at an incredible value with quite a few specializations and a robust social justice/ethics emphasis.
Rankings: 14 Best On-line School, The Best Colleges (2011).
Program: The Exterior MBA Online might be accomplished in 20-28 months in a completely on-line or blended format. This system has a strong social justice and ethics emphasis and specializations in Finance & Accounting, Well being Trade Leadership, Well being Techniques Administration, Management, Advertising, Operations Administration, Strategic Management. Class sizes are limited to 15. No journey required.
Admissions: Mildly competitive rolling admissions with six start dates throughout the year. Bachelor’s diploma and GMAT (or GMAT Various = 2 formal essays) required.
Tuition: $30,315. Books not included.
Universities to consider:
PSU
UC
UNE
EKU
Marylhurst
NEU
UIC
Ohio
UNE