One of the best online MBA programs gives students the talents they should assume management positions in various industries. Graduates of the top online MBA programs have many professional opportunities and higher-than-average wage potential. The Bureau of Labor Statistics (BLS) discovered that in 2013, enterprise leaders with a master’s degree earned considerably greater than their friends with solely a bachelor’s degree. For instance, professionals with a master’s degree who labored in securities, commodities, and financial providers earned median annual wages of $170,000, whereas professionals with only a bachelor’s degree earned $90,000.

The Best Online MBA Programs
1University of Florida Gainesville, FL
2Florida State University TALLAHASSEE, FL
3University of North Carolina at Chapel HillCHAPEL HILL, NC
4University of South Florida Tampa, FL
5Penn State World CampusUNIVERSITY PARK, PA
6University of Southern California LOS ANGELES, CA
7Babson College WELLESLEY, MA
8Florida International University MIAMI, FL
9North Carolina State University at Raleigh RALEIGH, NC
10University of Illinois at Urbana-Champaign CHAMPAIGN, IL

Related Programs That May Interest You

In GCU’s Master of Business Administration online degree program, you will review the elements that drive business success and start mastering the method to create a productive organizational tradition. Study more about course subjects and apply at present! Study MoreVISIT SITEMASTER’S IN BUSINESS ADMINISTRATION Syracuse University

Skip the GMAT and earn a world-class MBA online from Syracuse University’s AACSB-accredited Martin J. Whitman School of Administration. The program contains a rigorous curriculum with six career-focused specializations. Upon graduation, 59% of graduates report receiving an increase or promotion. Be taught extra. Be taught Extra VISIT SITEMASTER OF BUSINESS ADMINISTRATION Pepperdine University – Graziadio Business School

No GMAT scores are required to apply for Pepperdine’s top-20 online MBA program from AACDB-accredited Graziadio Business Faculty. In as few as 24 months, bachelor’s holders can take the following step towards driving change in the enterprise. Seven concentrations and a normal observe accessibly. Be taught Extra VISIT SITE VIEW MORE PROGRAMS

What Is an MBA?

An MBA is a complicated degree that prepares college students for management roles in various industries. Programs cowl matters like main and managing, utilizing analytical instruments for decision-making, analyzing and creating advertising instruments, and understanding operations administration. College students achieve analytically, administration, advertising, and communication abilities, which they’ll apply to quite a lot of roles. It’s common for online MBA program candidates to be current bachelor’s graduates, present enterprise professionals seeking to advance their careers or professionals in different industries in search of a professional change.

How are Online MBA Programs Accredited?

Potential on-line MBA college students ought to search for two sorts of accreditation when researching potential colleges: regional and programmatic. The U.S. Division of Schooling oversees six regional accrediting our bodies, which accredit colleges based mostly on the place they’re positioned. Regional accreditation signifies {that a} faculty meets excessive requirements with respect to college {qualifications}, tutorial rigor, and scholar studying outcomes. There’s additionally nationwide accreditation, nevertheless, it usually applies solely to vocational or commerce colleges, not enterprise colleges.

Programmatic accreditation applies to applications inside a college. On-line MBA applications might maintain accreditation from the Affiliation to Advance Collegiate Colleges of Enterprise, the Accreditation Council for Enterprise Colleges and Packages, or the Worldwide Meeting for Collegiate Enterprise Schooling.

How Long Does It Take to Complete an On-line MBA?

On-line MBA programs usually take two years of full-time research to finish, however many applications additionally supply accelerated timelines that enable college students to graduate in 12-18 months. Moreover, some colleges supply 4+1 applications for college kids who need to pursue an MBA instantly after incomes a bachelor’s diploma, permitting learners to graduate with an MBA in only one yr.

The Best On-line MBA Programs of 2021

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University of Florida

Location Gainesville, FL

UF affords probably the greatest MBA online applications within the nation. UF’s online MBA affords an accelerated, 16-month choice or a two-year choice, each of which uses course materials developed on the Warrington College of Business.

UF limits online MBA class sizes to advertise interplay between classmates. Candidates should present official transcripts, suggestion letters, a resume, and GMAT or GRE scores for admission. The college requires at the very least two years of full-time work expertise to enter this system. Accreditation: the College of Florida is regionally accredited by the Southern Affiliation of Faculties and Schools Fee on Colleges (SACSCOC).View School Profile2

Florida State University

Location Tallahassee, FL

This public institution in Tallahassee, Florida, affords an online MBA program for motivated people. Throughout the 39-credit program, learners collaborate with classmates to strengthen their creativity and problem-solving abilities, and so they can obtain individualized consideration from instructors.

FSU ranks among the many greatest MBA online applications due to its specialization choices. Diploma-seekers can pursue in-demand specializations like enterprise analytics, administration data techniques, actual property, or danger administration and insurance coverage. Candidates should submit a portfolio demonstrating their {qualifications}, together with GMAT or GRE scores. Accreditation: Florida State University is regionally accredited by the Southern Association of Colleges and Schools Fee on Faculties (SACSCOC).View School Profile3

University of North Carolina at Chapel Hill

Location Chapel Hill, NC

UNC-Chapel Hill is a public college that gives one of many top-ranked online MBA applications within the nation. Enrollees construct management abilities via difficult coursework and assignments.

Learners can customise the curriculum by selecting from 5 concentrations and over 25 electives. UNC-Chapel Hill affords concentrations in entrepreneurship, finance, advertising, technique and consulting, and knowledge analytics and decision-making. This system additionally contains two in-person, immersive experiences. Diploma-seekers can be a part of this system on 4 begin dates annually. Accreditation: College of North Carolina at Chapel Hill is regionally accredited by the Southern Association of Colleges and Colleges Fee on Faculties (SACSCOC).View Faculty Profile4

University of South Florida

Location Tampa, FL

From its Tampa campus, USF affords an online MBA program that builds analytical abilities and artistic talents. Incoming college students work with advisors to design the MBA on-line curriculum round their pursuits. For instance, this system affords concentrations in cybersecurity, knowledge analytics, healthcare analytics, and compliance.

Throughout asynchronous programs, degree-seekers take part in collaborative classes and group tasks. USF additionally encourages community construction all through this system. Most USF college students work full-time whereas pursuing the MBA, although this system additionally affords an accelerated one-year choice. Accreditation: College of South Florida is regionally accredited by the Southern Association of Colleges and Colleges Fee on Faculties (SACSCOC). View Faculty Profile5

Penn State World Campus

Location University Park, PA

Penn State affords extremely customizable on-line MBA applications. College students can select from over 20 concentrations to arrange for targeted profession paths. Focus choices embrace enterprise sustainability technique, company innovation, homeland safety, and public administration.

The diploma trains learners to handle high-performance groups and clear up advanced enterprise challenges. Learners additionally research enterprise operations, strategic administration, and organizational conduct. Every Penn State MBA scholar should full a five-day residency, throughout which they work together with their instructors and friends in particular person. The residency additionally contains professional administration workshops. Accreditation: The Pennsylvania State University is regionally accredited by the Middle States Commission on Higher Education (MSCHE). View School Profile6

University of Southern California

Location Los Angeles, CA

USC offers the Marshall online MBA for college kids in search of a rigorous program with a versatile schedule. All through their coursework, learners discover real-world enterprise situations to strengthen their sensible abilities. The degree trains enrollees to grow to be robust communicators, efficient decision-makers, and forward-thinking executives. The MBA makes use of stay class classes to attach classmates with each other. Throughout the online MBA, every scholar completes a one-week residency on USC’s campus. Candidates want accredited bachelor’s levels and at the very least two years of labor expertise. USC additionally requires GMAT or GRE scores. Accreditation: College of Southern California is regionally accredited by the Western Association of Schools and Colleges Senior Colleges and University Commission (WSCUC).View Faculty Profile7

Babson College

Location Wellesley, MA

This personal faculty in Wellesley, Massachusetts, affords a totally on-line MBA program. This system gives a versatile schedule that emphasizes experiential studying. Diploma-seekers customise their levels by deciding on two-thirds of their programs from Babson’s elective choices. Electives enable college students to finish impartial analysis, pursue research overseas alternatives, or select an depth observe, like social innovation, tech ventures, or science and expertise.

The interdisciplinary curriculum covers organizational administration, entrepreneurship, finance, and enterprise analytics. Throughout the Babson consulting expertise, every enrollee completes a project-based project with a consumer associate. Accreditation: Babson School is regionally accredited by the New England Fee of Greater Schooling (NECHE). View Faculty Profile8

Florida International University

Location Miami, FL

FIU is a public establishment in Miami that prioritizes flexibility in its on-line skilled MBA program. College students select from three pacing tracks, 5 begin dates, and eight specializations. Diploma-seekers can full this system in as little as 18 months.

Throughout this MBA program, learners research strategic administration, strengthen their collaboration and management abilities, and clear up advanced issues. On-line enrollees additionally take part in skilled improvement seminars, a two-day residency, trade nights, and enterprise profession administration companies that assist them to join with the FIU group. Accreditation: Florida Worldwide College is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).View School Profile9

North Carolina State University at Raleigh

Location Raleigh, NC

The skilled on-line MBA program at NC State affords accelerated and versatile choices. College students can full this system in as little as 21 months or in as much as six years, working with digital groups to finish tasks.

Every distance learner should full two residencies in Raleigh as a part of the diploma. Candidates should submit a private assertion, resume, transcripts, two letters of advice, and GMAT or GRE scores. NC State additionally requires an admission interview. This system enrolls new college students for fall or spring begin dates. Accreditation: North Carolina State University is regionally accredited by the Southern Association of Colleges and Schools Commission on Faculties (SACSCOC).View School Profile10

University of Illinois at Urbana-Champaign

Location Champaign, IL

Because the flagship establishment in its state, U of I affords a totally on-line MBA program with no journey necessities. Enrollees full stay class classes with interactive parts, strengthening their strategic management abilities whereas finding out enterprise analytics, worth chain administration, and entrepreneurship.

U of I studies that over half of its present MBA college students acquired a promotion, job supply, or new place whereas pursuing their levels. Applicants want an accredited bachelor’s diploma with a minimal 3.0 GPA for the ultimate two years. Accreditation: College of Illinois at Urbana-Champaign is regionally accredited by the Higher Learning Commission (HLC). View Faculty Profile Get Ranking Seal

Online MBA Programs Ranking Tips

We chosen the next diploma applications based mostly on high quality, curricula, college power, faculty awards, rankings, and repute, together with the varsity’s repute for offering high-quality online applications. Our on-line MBA rankings make use of the identical methodology that we used to supply our rating of the greatest on-line faculties. Rating MethodologyClose

The motto of TheBestSchools.org is Discovering the very best faculty for you. Right here is how we do it:

The worth of any rating checklist of colleges and/or diploma applications relies on having a methodologically sound evaluation of every faculty’s/program’s traits, particularly insofar as these could be objectively measured. A university or college is a fancy entity, with quite a few elements to think about, and distilling these right down to the place the place significant comparisons could be made to kind a defensible rating checklist turns into half science and half artwork.

To satisfy this problem—and thereby offer you essentially the most helpful and insightful instructional rankings on the Web — TheBestSchools.org formulates our rankings based mostly on 5 informational classes (six, when contemplating on-line colleges). The key metrics and qualities for which we rank are these (with expanded, detailed concerns and weights listed):

1. Educational excellence based mostly on a college’s curriculum typically or inside the chosen self-discipline [weight = 25%]

  • Weighs faculty in opposition to identified main colleges in that self-discipline
  • Weighs variety of core curricula listed as superior programs inside that self-discipline and compares in opposition to introductory programs
  • Weighs faculty’s curriculum in opposition to identified data wants of main employers in that self-discipline
  • Considers quantity and sorts of specializations provided inside that self-discipline
  • Considers college experience in that self-discipline
  • Considers vary of electives inside that self-discipline
  • Considers high quality of on-line setting provided to college students (if relevant), notably inside that self-discipline

2. Strength of faculty scholarship [weight = 25%]

  • Considers schooling background of the college
  • Considers years of school expertise each inside and out of doors of academia.
  • Considers college membership and management inside related, outstanding associations
  • Considers tutorial papers revealed by college in related, outstanding periodicals
  • Considers awards and recognitions given to college members from outstanding organizations and from different sources

3. Popularity [weight = 20%]

  • Considers a college’s repute amongst tutorial friends and employers concerning the next:
    • School
    • Curriculum
    • “Freshness” of educational data
    • Adaptability to modifications in employment sectors
    • Suitability of graduates for the office

4. Financial support [weight = 10%]

  • Necessary: Requires full accreditation from an company endorsed by the U.S. Division of Schooling and listed on the federal register to simply accept scholar federal monetary support
  • Considers vary of school-sponsored monetary support comparable to scholarships and grants

5. Range of degree programs [weight = 20%]

  • Considers range of degree ranges: associate’s, bachelor’s, master’s, and doctoral {and professional}
  • Considers vary of diploma topics provided, comparable to artwork & design, computer systems & expertise, schooling & educating, prison justice, and enterprise

6. Strength of on-line instruction methodology (if relevant) [weight = 25%; subtract 5% from each of the above for online schools/programs]

  • Considers the next of the web lessons:
    • Forms of on-line expertise used to ship content material
    • Pedagogy fashion: asynchronous, synchronous, or each (relying on the diploma)
    • Extent and high quality of the web, group studying setting, together with choices for communication, interactivity, and collaboration between college students and in addition between college students and instructors
    • Selection, breadth, and depth of coursework, and its assist, together with undertaking choices and on-line tutoring
  • Considers the next of instructors:
    • Extent of coaching for educating inside an internet studying setting
    • Quantity of well timed, constant suggestions to college students
    • Extent of collaboration with potential employers to make sure suitability of educational supplies for attaining desired abilities
    • Ratio to variety of college students in a category
  • Quantity and high quality of internships in a scholar’s geographical space for relevant levels

As a result of college students are inclined to evaluation quite a lot of data when selecting a college, the load a scholar offers anyone criterion will fluctuate. As an example, it’s not sufficient to supply a rigorously constructed rating of nice colleges if many are too costly or too troublesome to get into.

To higher serve the wants of potential college students, we’re due to this fact more and more providing filters that make it easier to higher use our rankings to seek out the colleges that match your particular wants. These complement our rating standards and embrace:

  • Accreditation
  • Public or personal standing
  • Acceptance fee
  • Retention fee
  • Commencement fee
  • ACT/SAT necessities
  • Price in-state / out of state
  • Undergrad, grad, or each provided
  • Area
  • State
  • Metropolis

Get one of the best rankings right here AND get them to fit your private wants. That’s The Best School org benefit!

If in case you have any questions on our rating methodology, please contact us.

Citations: For a broader account of our rating methodology, particularly because it pertains to TheBestSchools.org’s underlying instructional philosophy and, in different rating articles, seems to be past tutorial excellence (as right here) to such elements as return on funding or incidental profit, see our article “Rating Methodology: How We Rank Colleges at TBS.” The popularity of colleges and diploma applications can at the very least partially be gauged via the varsity or division’s publishing exercise, citations, and desirability. At TheBestSchools.org, we maintain observation of such social and peer validation: “Making Sense of School Rankings.” For nuts-and-bolts details about faculties and universities, we glance to the Nationwide Heart for Schooling Statistics and particularly its School Navigator. Insofar as wage and inflation knowledge are related to a rating, we glance to the Bureau of Labor Statistics. Lastly, nothing beats contacting colleges and diploma applications instantly, which our researchers usually do, with the end result that every one of the entries on this article needs to be thought about as belonging to this quotation!

What Else Can I Expect From an Online MBA Program?

When researching potential on-line MBA applications, college students ought to guarantee potential applications supply concentrations and programs aligned with their profession objectives. Choices fluctuate by program, however the next sections define frequent programs and concentrations present in on-line MBA applications.

On-line MBA Courses

On-line MBA applications deal with management and administration abilities along with conventional enterprise greatest practices. A number of frequent programs are outlined beneath.

  • Authorized and Moral Choice-Making: Sometimes taken within the first yr, this course introduces college students to a number of the moral and authorized concerns that enterprise leaders generally encounter. As a result of many MBA graduates pursue managerial positions, they need to perceive ethically and legally work together with prospects, purchasers, suppliers, and employers. College students in this class learn to make an efficient particular person and company-wide selections, perceive frequent areas of unethical conduct (e.g., insider buying and selling), and keep up-to-date on authorized laws. Learners might evaluation case research, take part in roleplaying assignments, and full group tasks.
  • Leadership Theory and Practice: As a result of so many MBA graduates work in management positions, that is usually a core class in MBA curricula. Learners research how efficient leaders present oversight and assist workers and assist their firms to obtain objectives. The course might use case research of enterprise and non-business leaders throughout the historical past to assist college students to establish efficient and ineffective management methods. College students usually full reflective papers and assignments that assist them to establish their management types.
  • Info Technology: Companies usually depend on data expertise to create inner and exterior laptop networks, accumulate knowledge and make data-driven selections, and maintain delicate data safe. This course examines how data expertise can inform and enhance enterprise features. College students learn to use databases, handle digital methods, and extrapolate knowledge to be used in enterprise decision-making.
  • Personnel Management: Generally often called human useful resource administration, this course teaches college students to handle expertise throughout their firms. College students learn to rent efficient workers, handle advantage applications, set aggressive salaries, and supply significant coaching alternatives. Coursework additionally incorporates matters from industrial-organizational psychology to show future managers keep efficient, environment friendly, and fulfilled workers.
  • Finance and Accounting for Managers: Business professionals usually want a fundamental understanding of finance and accounting to evaluate the enterprise efficiency, establish areas of enhancement, and set strategic objectives, even when they do not work in finance. This course examines monetary accounting rules, worldwide monetary reporting requirements, and trade requirements and developments. Many online MBA applications additionally supply finance and accounting concentrations.
  • Marketing Management: This course teaches students to incorporate advertising, branding, and promoting methods to assist organizations to meet objectives. Subjects embrace segmentation and focusing on, pricing and promotion, distribution, and model allegiance. College students evaluate advertising administration case research from quite a lot of firms and industries to establish the greatest practices and areas of enchancment.

On-line MBA Concentrations

As a result of enterprise is such a broad subject, most on-line MBA applications supply concentrations to assist degree-seekers focus their abilities. Beneath are a couple of frequent concentrations.

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Marketing

Marketing concentrations are perfect for college students who need to lead advertising departments and make high-level selections about how firms are portrayed internally and externally. Programs cowl matters like advertising evaluation and improvement, international model methods, and use knowledge analytics to tell advertising selections. Graduates can pursue senior-level titles comparable to model and product advertising supervisor, public relations director, advertising knowledge analyst, and advertising director.

Finance

Finance concentrations provide an in-depth understanding of the monetary instruments and ideas that may enhance firms. College students learn to make efficient monetary selections and maintain organizations financially healthy. Courses cowl matters like worldwide monetary markets, superior company finance, enterprise capitalism and monetary improvements, and behavioral finance.

Entrepreneurship

An entrepreneurship focus teaches college students create their very own enterprise ventures. Learners research ideas like finance, marketing, human property, and administration. Courses additionally cowl enterprise capital and entrepreneurial administration, methods and practices of family-controlled firms, finance of buyouts and acquisitions, and mental property technique for innovation-driven enterprises.

International Business

Designed for students who need to work in multinational companies, worldwide enterprise concentrations train college students about international markets, worldwide developments, and the principles governing how enterprise is completed world wide. Slightly than specializing in a single subject, this focus evaluations conventional enterprise matters — like human useful resource administration and finance — via a global lens. Widespread programs embrace worldwide enterprise environments, worldwide enterprise regulation, and international operations for provide chain methods.

Human Useful resource Management

Human useful resource administration concentrations put together college students for roles managing human capital, comparable to coaching supervisor, compensation and advantages supervisor, and human useful resource supervisor. Programs might cowl matters like foundations of human useful resource staffing, human useful resource administration for normal managers, expertise administration and improvement, and main the strategic change course of. Packages might also study negotiation and battle decision methods.

What Are Some MBA Salaries?

On-line MBA applications put together graduates to compete for a number of jobs in various industries. The next checklist outlines frequent jobs and potential salaries for graduates.