Universities are offering more and more programs and classes online, making education more convenient for everyone’s busy lives. Associate and bachelor degrees are not the only ones available online anymore, many graduate programs are beginning to following-suit. Among these online graduate programs are a number of MBA graduate programs becoming available through various online programs. But the concern arises: are these online programs just as effective as those offered on University campuses? Picking the right one that offers the best possible online program can be incredibly stressful; that is why we compiled a list of the Top 20 Online MBA Programs in the U.S.
Located in Mt. Pleasant, Michigan, this University offers an MBA program with an emphasis in enterprise resource planning. It includes specializations in Human Resource Management, Marketing, Value-Driven Organization, and Logistics Management. They have a low acceptance rate of about 44%, with an average GMAT acceptance score of around 490. Most graduates from their online program have an average starting salary of around $53,200.
This University is fairly new to the online MBA game, they offer six different specializations; Computer Information Systems, Finance, Healthcare Management, International Business, Marketing, and Management. They have a fairly high acceptance rate of 76% and an average GMAT acceptance score higher of 540.
This online MBA program is a great, attentive option. Expect a small class for this 20-month program. On average, the University of Tennessee has a 5 to 1 student to faculty ratio, making them quite the hands-on program. They have a low acceptance rate at 42% making it fairly difficult to get in. They do not offer any specific specializations.
Babson College’s MBA Program is primarily online, but it is necessary to note that some face-to-face sessions are required every seven weeks. They are one of the leading schools of entrepreneurship in the nation. For graduates of this program, expect a robust starting salary around $91,500.
For students looking for flexibility, and cheaper tuition, Georgia College and State University may be the right choice. Of all of the Universities on our list, Georgia College and State University has the smallest student-to-faculty ratio at 1 to 1. Students can expect much more attentiveness from their faculty. The average GMAT score is 544 among accepted students, with an acceptance rate of 62%.
Norwich University first started their online MBA program 15 years ago, and it has been highly ranked ever since. They have five different specializations students can pick from: Finance, Organizational Leadership, Construction Management, Program Management, and Supply Chain Management. They offer an accelerated 18-month program for qualifying applicants. Norwich University’s online MBA program is one of the hardest to get into, with an acceptance rate of 42%.
RIT offers a rigorous online MBA program for management professionals. There is no GMAT required for admission into this astounding program. They are very flexible with their scheduling options, offering a traditional 2-year program, accelerated 1-year program for undergraduates, Fast-Track 1-year program for non-business graduates, and an Executive MBA option (this option requires on-campus work).
This University is the most flexible school on our list. Depending on preferences, students can finish the program in 21 months. If a slower pace is prefered, students can finish an MBA over a six-year period. Students even have the option for more face-to-face courses as opposed to the online curriculum, or a blend of both. MBA graduates of North Carolina State University have an average starting salary of about $67,000.
This 14-year-old program offers five different specializations: Business Analytics, International Business, Finance, Supply Chain Management, and Marketing. They have the highest average GMAT score for accepted students of 640. Like most MBA programs, they require 2 years working experience before applying. Graduates of this program can expect a $65,000+ starting salary.
Like the University of Nebraska – Lincoln, the Syracuse University online MBA courses began in 2001. They offer a nice variety of specializations from Accounting to Entrepreneurship. They also offer tracks in Finance, Supply Chain Management, and Marketing Management. On average, among accepted students, GMAT scores are around 600. They garner a great student-to-faculty ratio at around 11 to 1. To top it all off, graduates in their respective jobs have a handsome starting salary of about $90,000 a year.
James Madison University founded their online MBA program in 1999. They only offer two specializations in innovation and information security. Expect a more technological curriculum from them. It is also important to note that although they offer the MBA program online, it does require some studying on campus. They have one of the best student-faculty of 3 to 1. James Madison University also has a great starting salary among graduates at around $75,000.
Auburn has one of the oldest online programs, with an MBA program established over 25 years ago. Unlike most online MBA programs out there, Auburn University’s mirrors the professional MBA program that they offer on campus. If you are seeking to have two degrees, you can couple your MBA degree with others like an MSBA-Finance degree, Industrial and Systems Engineering degree, or a Management Information Systems degree. On average, they accept those with a GMAT score at around 529. They have one of the highest acceptance rates at 72%.
University of North Texas has always been a high ranking school, even among online MBA programs. They started their program in 2007. The curriculum is 100% online, but you can opt for a blended option with a combination of online and traditional on-campus classes. They also offer specializations in Marketing, Finance, and Strategic Management. They have a lower GMAT average score than other colleges with the average at about 511, and an acceptance rate of approximately 55%. This University also provides a nice 4 to 1 student-faculty ratio, making it a much more hands-on experience for students.
Their 10-year-old online MBA program offers the more specializations than any other on this list. Northeastern University is a highly recommended school for getting an MBA online, and specializations include; Healthcare Management, High Technology Management, International Management, Supply Chain Management, Finance, Innovation Entrepreneurship, Marketing, and Sustainability. Their average starting income for graduates is above $73,000.
University of Texas, located in the bustling city of Dallas, offers only two specializations: Global Leadership and Project Management. There is an option for Healthcare Management track, but only for qualifying students. After graduating from the University of Texas MBA program, students can expect an average starting salary above $80,000.
Thunderbird School of Global Management is ranked as the #1 school for international business. With that kind of ranking, the Thunderbird School of Global Management is a great consideration for gaining an online MBA degree. It is a hybrid program that requires some on-campus time. The online MBA program can be finished in two years (19 months), and has some of the highest numbers of graduating alumni through the online MBA program, with more than 35,000 alumni. A starting salary as a Thunderbird School of Global Management MBA graduate is around $83,000 a year. The school has a 62% acceptance rate with an average GMAT score of 585.
Having founded their online MBA program in the mid 1990s, Ball State University has one of the oldest online programs for earning an MBA. They offer three different variations to their MBA program: online, blended, and traditional (on campus). The student-faculty ratio is 6 to 1, and after graduating the average starting salary is around $100,000.
This University is a high ranking graduate school of business, having frequented top business school lists on Forbes. On a normal track students can finish the program in just 2 years, but for qualifying students that have finished their business undergraduate within 7 years of admittance, can fast-track the program and finish in only 1 year. Like most MBA programs, University of Florida requires 2 years of professional work experience before admission to the MBA program. The average GMAT score for students admitted is around 584.
Indiana University is the most competitive program on our list, with a high GMAT score of 636 for admission consideration. Indiana University – Bloomington is also featured on dozens of business school rankings and lists, so of course this program is high on our list as well. It takes anywhere between 2 to 5 years to graduate, making it a flexible option for students. Graduates from the program can expect a salary increase anywhere between 35% to 60%. That being said, average starting salary is over $104,000, making it the highest on our list.
Arizona State University is #1 on many lists of best business schools across the United States. Their W.P. Carey School of Business has been highly ranked for years. The online MBA program is 15 years old, making it one of the older schools on this list. One of the greatest benefit to the the Arizona State University online program is that the classes are taught by the same faculty members that teach on campus. Starting salary is slightly less than Indiana University – Bloomington at $98,000, but the high ranking experience of Arizona State University makes this the number one on our list.