25 Best Online Business Schools in 2020 - Best Value Schools

25 Best Online Business Schools in 2020

February 16, 2021 | Staff Writers

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The Benefits Of Attending An Online Business School

These days, an increasing number of college students are completing their degrees over the Internet. There are many benefits that students can see from attending online business school. First and most obvious, students have a much higher degree of flexibility with their studies, as they do not need to be in one place at a set time. This makes attending school much easier for students who work full-time.

Also, students can attend schools located anywhere in the country. If they were pursuing their education through traditional methods, they could only attend schools in their immediate areas. These schools may not offer the exact specialization that a student is looking for. However, students have many choices when they are looking for an online business school, so they shouldn’t have a problem finding the exact degree program they want to complete.

Rank School Location
1University of FloridaGainesville, Florida
2University of North CarolinaChapel Hill, North Carolina
3North Carolina State UniversityRaleigh, North Carolina
4University of New MexicoAlbuquerque, New Mexico
5University of WisconsinMadison, Wisconsin

What Graduates Can Do With A Business Degree

Business-related majors are among the most popular choices for students at schools across the nation, and for good reason. An online business degree is an extremely versatile qualification that can lead to positions in a variety of industries. Business graduates can often find employment at entry-level management positions across the country. Many business grads start their own businesses, and many schools now offer specializations in entrepreneurship to cater to students who plan to do so.

Getting A Job After Graduating From Business School Online

Some students who plan to attend business school online worry that employers will look down on degrees earned over the Internet. In the past, some associated online education with non-accredited schools. However, employers are now aware that many accredited schools offer online degree programs. Also, degrees earned over the Internet from accredited schools result in exactly the same credentials as degrees earned through traditional instruction, so employers will not know the difference, and your career won’t suffer.

25 Best Online Business Schools in 2020

1

University of Florida

  • Gainesville, Florida
  • Graduation Rate: 87%

The University of Florida offers the top-ranked online business degree on our list. The online business degree at UF was the first offered by a research-focused university, so its high ranking should come as no surprise. Students complete the same coursework and have access to the same research opportunities that they would have if they were taking classes on-campus.

School Overview

Tuition per Year: $6,381 in-state; $28,659 non-resident
Graduation Rate: 87.2%
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2

University of North Carolina

  • Chapel Hill, North Carolina
  • Graduation Rate: 91%

The online business degree program at the University of North Carolina just edges N.C. State’s program to finish second on our list. Students at UNC must complete at least one semester successfully before they can gain admission to the business school. Online students can get real-world experience through virtual internships.

School Overview

Tuition per Year: $8,980 in-state; $36,159 non-resident
Graduation Rate: 91.1%
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3

North Carolina State University

  • Raleigh, North Carolina
  • Graduation Rate: 77%

North Carolina State University offers an innovative online business degree program. The business programs at NC State are known for being heavily focused on research. Online students have access to the same research opportunities that traditional students have.

School Overview

Tuition per Year: $9,101 in-state; $29,220 non-resident
Graduation Rate: 77.2%
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4

University of New Mexico

  • Albuquerque, New Mexico
  • Graduation Rate: 44%

The University of New Mexico offers the leading online business degree program in the state. The program is aimed at students who already have some college credits under their belt. UNM’s program allows students to complete their business degrees online in roughly two years.

School Overview

Tuition per Year: $7,875 in-state; $23,292 non-resident
Graduation Rate: 44.4%
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5

University of Wisconsin

  • Madison, Wisconsin
  • Graduation Rate: 85%

The University of Wisconsin is one of the leading public universities in the nation, and its business school is a big part of its reputation. Students can choose from 10 different majors to suit their interests. Graduates can even pursue a master’s degree completely online at UW.

School Overview

Tuition per Year: 10,725 in-state; $37,785 non-resident
Graduation Rate: 84.8%
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6

University of Maryland

  • College Park, Maryland
  • Graduation Rate: 85%

The University of Maryland offers a unique online business degree program. The school is AACSB-accredited, which means it is classified as one of the top business schools in the world. Students can choose from several different specializations, including a rare Supply Chain Management concentration.

School Overview

Tuition per Year: $10,779 in-state; $36,891 non-resident
Graduation Rate: 85.3%
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7

Mississippi State University

  • Starkville, Mississippi
  • Graduation Rate: 60%

Mississippi State University offers an affordable, yet high-quality online business degree. It is also AACSB-accredited, which means it is in the top five percent of business schools on the planet. The program offers several different online majors, including a Bachelor of Business Administration, Minor in Business Administration for non-business majors, Master of Business Administration, Master of Business Administration in Project Management, and Master of Science in Information Systems.

School Overview

Tuition per Credit Hour: $391.75 (undergraduate), $514 (graduate)
Graduation Rate: 59.6%
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8

University of Nebraska

  • Lincoln, Nebraska
  • Graduation Rate: 67%

The University of Nebraska has one of the top business schools in the Midwest, and now students from all over the country can complete their degree at UN. The business school is not only accredited by the AACSB, but it was one of the founding members of the organization. Students can choose from 10 different majors, including an uncommon Agribusiness specialization.

School Overview

Tuition per Year: $9,522 in-state; $25,828 non-resident
Graduation Rate: 67.2%
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9

Georgia College & State University

  • Milledgeville, Georgia
  • Graduation Rate: 59%

Georgia College & State University is best known for its liberal arts programs, but it also has an excellent online MBA program at its business school. In fact, the business school at Georgia College is AACSB-accredited. Students have the unique opportunity to gain hands-on experience in the ecommerce industry while at the school.

School Overview

Tuition per Year: $9,526 in-state; $28,710 non-resident
Graduation Rate: 59.3%
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10

Indiana University

  • Bloomington, Indiana
  • Graduation Rate: 76%

Indiana University-Bloomington has one of the top-ranked business schools in the entire country, and students from anywhere can attend IUB online. As with many of the schools on this list, IU is AACSB-accredited. Students do not have to declare their major until just before their senior year, so they have plenty of time to find what interests them.

School Overview

Tuition per Year: $10,947 in-state; $36,512 non-resident
Graduation Rate: 76.1%
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11

University of Arkansas

  • Jonesboro, Arkansas
  • Graduation Rate: 45%

The University of Arkansas-Jonesboro might not be quite as well known as some of the schools on this list, but it still offers a quality online business education at an affordable price. Students can choose from 10 majors and two certificate programs. Business students can also access the Women’s Business Leadership Center for mentorship and networking opportunities.

School Overview

Tuition per Year: $8,900 in-state; $15,860 non-resident
Graduation Rate: 45.1%
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12

University of Missouri

  • Columbia, Missouri
  • Graduation Rate: 68%

The University of Missouri has the top-ranked online business program in the state. Mizzou is a leader in online education, so it should come as no surprise that their online business program is ranked so highly. Applicants must have already completed 24 credits from an accredited university.

School Overview

Tuition per Year: $10,477 in-state; $28,348 non-resident
Graduation Rate: 67.9%
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13

University of North Dakota

  • Grand Forks, North Dakota
  • Graduation Rate: 55%

The University of North Dakota offers a highly rated and affordable MBA program that students can complete online. UND’s business school is AACSB-accredited. It is known for its focus on entrepreneurship.

School Overview

Tuition per Year: $9,736 in-state; $15,895 non-resident
Graduation Rate: 55%
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14

University of Alabama

  • Tuscaloosa, Alabama
  • Graduation Rate: 68%

The University of Alabama offers a unique online business program with a major in Commerce and Business Administration. Students can also minor in communication studies or computing technology and applications. Applications are accepted in spring, summer, and fall.

School Overview

Tuition per Year: $375/credit hour
Graduation Rate: 68.3%
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15

Ball State University

  • Muncie, Indiana
  • Graduation Rate: 57%

Ball State University is one of the lesser-known schools on this list, but their online business program is top-notch. The business program at BSU is heavily focused on entrepreneurship. Students can even choose to specialize in this field.

School Overview

Tuition per Year: $10,020 in-state; $26,800 non-resident
Graduation Rate: 57.4%
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16

Auburn University

  • Auburn, Alabama
  • Graduation Rate: 75%

Auburn University is regarded as one of the most prestigious public universities in the South, and their business school is highly regarded. All business majors must take arts and sciences courses to ensure that they receive a well-rounded education. Auburn’s business school offers many specializations, including majors in entrepreneurship and supply chain management.

School Overview

Tuition per Year: $11,492 in-state; $31,124 non-resident
Graduation Rate: 75%
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17

James Madison University

  • Harrisonburg, Virginia
  • Graduation Rate: 82%

James Madison University is known for its business school, which offers degrees through both traditional and online instruction. JMU is one of only 182 institutions with both accounting and general business accreditations from the AACSB. Students at JMU have ample opportunity to get feedback from leaders in the business world.

School Overview

Tuition per Year: $12,206 in-state; $29,106 non-resident
Graduation Rate: 82%
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18

Arizona State University

  • Tempe, Arizona
  • Graduation Rate: 67%

Arizona State University is known for being both a leader in both business education and online education. The business school at ASU does not require students to complete general education courses before being admitted. The general education courses, which are tailored toward business majors, are included in the business programs.

School Overview

Tuition per Year: $11,338 in-state; $29,428 non-resident
Graduation Rate: 67.1%
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19

Oregon State University

  • Corvallis, Oregon
  • Graduation Rate: 63%

Oregon State University offers a unique online business degree. Students can choose between the B.A. program (which is focused on research) and the B.S. program (which is focused on practical experience). There are many specializations for students to choose from, including Family Business, Digital Marketing, Retail Management, and more.

School Overview

Tuition per Year: $11,715 in-state; $37,215 non-resident
Graduation Rate: 63%
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20

University of Texas – Dallas

  • Richardson, Texas
  • Graduation Rate: 71%

The University of Texas-Dallas features on many rankings of the best traditional business schools, so it should come as no surprise that its online programs are also top-notch. The business program at UTD offers specializations in Healthcare and Human Services, among others. Students must complete an internship or practicum to graduate.

School Overview

Tuition per Year: $13,442 in-state; $38,168 non-resident
Graduation Rate: 70.6%
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21

University of Arizona

  • Tucson, Arizona
  • Graduation Rate: 60%

The University of Arizona is known for its excellence in the field of online education, and their business programs are no exception. Students can choose minors in Accounting, Sports Management, or Finance. Arizona has online success coaches to ensure the success of non-traditional students.

School Overview

Tuition per Year: $12,691 in-state; $36,718 non-resident
Graduation Rate: 59.9%
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22

University of Massachusetts – Amherst

  • Amherst, Massachusetts
  • Graduation Rate: 76%

The University of Massachusetts-Amherst is a top public university, and it is especially known for its business programs. The business school is AACSB-accredited. Students can choose from many majors, including Sport Management and Hospitality & Tourism Management.

School Overview

Tuition per Year: $16,389 in-state; $35,710 non-resident
Graduation Rate: 75.6%
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23

Temple University

  • Philadelphia, Pennsylvania
  • Graduation Rate: 71%

Temple University boasts a leading online business degree program. Students can choose from 15 different specializations. Every student can create a portfolio of work before they graduate, which may help them land a job when they have their degree.

School Overview

Tuition per Year: $16,970 in-state; $29,882 non-resident
Graduation Rate: 71%
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24

Pennsylvania State University – World Campus

  • University Park, Pennsylvania
  • Graduation Rate: 38%

Pennsylvania State University is one of a growing number of universities who have created a separate virtual “campus” for their online programs. The World Campus at Penn State is built specifically to accommodate the needs of online students. The business program is offered in partnership with 17 of Penn State’s traditional campuses to ensure students receive high-quality instruction from qualified faculty.

School Overview

Tuition per Year: $13,988
Graduation Rate: 37.7%
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25

Carnegie Mellon University

  • Pittsburgh, Pennsylvania
  • Graduation Rate: 90%

Carnegie Mellon University may be the most prestigious school on our list. The university was founded by business tycoon Andrew Carnegie, and has always been known for its business school. The school’s leading MBA program is offered via both traditional and online instruction.

School Overview

Tuition per Year: $57,119
Graduation Rate: 89.8%
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How We Ranked These Schools

We took two factors into account when ranking these schools. We took a look at the tuition that each school charges on a yearly basis. If the school has differing tuition fees for in-state students and non-resident students, we only looked at the in-state rate. We also considered each school’s graduation rate. To come up with each institution’s final rating, we started with the yearly tuition and added a multiplier equivalent to the percentage of enrolled students who did not end up graduating. For example, a school with yearly tuition of $20,000 and a graduation rate of 90% has a rating of 22,000 (20,000 x 110%). A lower rating is better than a higher rating.

Representatives of the schools on this list can contact us if they need to ask a question or correct anything in this article.

 Need help finding the right online business school? We can help you find the right program based on your interests.

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BestValueSchools.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.
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