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Best 30 Online MBA in Finance in 2021

March 24, 2021 | Staff Writers

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If you are aspiring to be promoted to leadership positions with an industry or venture to open your own business but need flexibility in gaining that education then an online MBA might be the best move to make with a great return on the investment.  All of the listed programs are top-ranked online MBA programs and are fully accredited.  They have been ranked in this article using key pieces of information such as cost, faculty to student ratio, and graduation rate.  Using this information the overall value of the education received can be seen.  Those with higher graduation rates show students valued the education and finished what they started.  With a lower faculty-student ratio’s students have more opportunities to be mentored by expert faculty, leading to a greater value of the program. 

1. Boston University

Now with an innovative and highly engaging online MBA program at Boston University, anyone wanting to earn this prestigious degree can.  The online MBA program in finance was designed with busy professionals in mind that are seeking to expand their knowledge as well as increase their career opportunities.  Students from around the globe enroll in this program to learn from world-class faculty that have extensive knowledge and success in current businesses and the global market.  Online learners of this program have access to student success specialists, online development coursework, and the BU online job board.  

At A Glance

  • Location: Boston, Massachusetts
  • Cost: $533 Per Credit  
  • Faculty to Student Ratio: 10 to 1
  • Financial Aid: Yes
  • Graduation Rate: 87%

2. Lehigh University

As the global economy continues to grow and change, having an understanding of and an ability to gain the skill in the finance discipline has become ever more important.  At Lehigh University students have access to a flexible and high-quality online MBA with a concentration in finance that is flexible.  As many businesses have expanded to global markets the financial implications have become more complex.  Students of this program will learn the internal and external finance concentrations within a corporation and how to analyze the company’s financial health. In this program, students will learn financial management, investments, financial markets and institutions, international finance, and advanced topics of financial management.  

At A Glance

  • Location: Bethlehem, Pennsylvania
  • Cost: $1,145 Per Credit Hour
  • Faculty to Student Ratio: 9 to 1
  • Financial Aid: Yes
  • Graduation Rate: 88.7%

3. University of Florida

Ranked as one of the top online MBA programs, the University of Florida offers an innovative and high-quality online MBA program that is just as well-rounded and enriching as the traditional on-campus programs. There are two options for students seeking to earn this degree, an accelerated one-year route designed for graduates of business that graduated within the past 7 years.  The second option is a two-year degree that is more flexible and designed for working professionals that are seeking to maintain a minimal workload while attending.   Online learners will have access to the same faculty and resources as traditional students as well as opportunities to network and collaborate with other students.   

At A Glance

  • Location: Gainesville, Florida
  • Cost: $26,473 Total Program (Resident)  $61,260 Total Program (Non-Resident)
  • Faculty to Student Ratio: 17 to 1
  • Financial Aid: Yes
  • Graduation Rate: 87%

4. John Hopkins University

As the role of financial markets changes and evolves, the need to be educated and have the skill to use the latest technology for global markets is increasingly more important.  Earning an MBA in Finance helps professionals gain the knowledge and skills to navigate the evolving landscape of business for success today and in the future.  At John Hopkins University students can earn their MBA entirely online, on-campus, or a hybrid of both delivery methods.  The MBA offers a specialization in finance that prepares participants for roles in financial management in corporate businesses.  Students are able to apply the theory and analytical skills they learn into their careers immediately.   Students can go as fast or as slow as their schedules will allow, making this a flexible degree option for working professionals. 

At A Glance

  • Location: Baltimore, Maryland
  • Cost: $82,350 Program Cost
  • Faculty to Student Ratio: 6 to 1
  • Financial Aid: Yes
  • Graduation Rate: 92.4%

5. Carnegie Mellon University

The online MBA program at Carnegie Mellon University blends innovative online coursework with in-person experiences that provide students with flexibility and collaboration opportunities.  Students are able to build their networks as well as learn from and with each other through the program ensuring they don’t miss anything in the online MBA program.  Online learners receive the same high quality curriculum taught by the same expert faculty that teaches on campus.  A unique aspect of this program is the Access Weekends, which occur 6 times throughout the year where students will meet and network with other students as well as the faculty members they will be learning from.   

At A Glance

  • Location: Pittsburgh, Pennsylvania
  • Cost: $17,500 Part Time Online Per Semester 
  • Faculty to Student Ratio: 13 to 1
  • Financial Aid: Yes
  • Graduation Rate:  89.8%

6. Villanova University

Working professionals that are seeking to advance their education and career opportunities are driven and ready to make a difference in their industry.  At Villanova University students can find the best fit for their life and career as they pursue an online MBA to further assist them in reaching their goals.  Students can pursue their degree entirely online with the same curriculum and quality instruction as those that attend in person.  Online learners have opportunities to network and learn from faculty members throughout their experience while they tailor their courses to fit their schedules.  Every student has access to personal career planning, professional development, and more to guarantee their success.   

At A Glance

  • Location: Villanova
  • Cost: $66,000 Cost of Program
  • Faculty to Student Ratio: 11 to 1
  • Financial Aid: Yes
  • Graduation Rate: 90%

7. University of Texas at Dallas

As a top-ranked institution for earning an online MBA, the University of Texas at Dallas offers an innovative program that will provide students with the knowledge and skills they need for an evolving global market. Regardless of where students reside they can complete all the required coursework and exams to complete this degree and gain an edge for career advancement.  The finance concentration of the MBA will adequately prepare students for positions in corporate finance, investment management, and the management of financial institutions.  

At A Glance

  • Location: Dallas, Texas
  • Cost:  $29,442 Program Cost for Resident  $58,332 Program Cost for Non-Resident
  • Faculty to Student Ratio: 20 to 1
  • Financial Aid: Yes
  • Graduation Rate: 71%

8. Colorado State University

Those who seek to earn their MBA at Colorado State University will find a program that is led by expert faculty that are leading practitioners.  The MBA program is online and blends innovative technology to bring classroom experiences to the student’s computers wherever they are.  Students can complete the program and earn their degree in as little as 21 months or take their time and complete it in up to 5 years.  Students will have opportunities to work on projects with other professional students where they collaborate and learn from others with diverse backgrounds and business experiences.  Students are able to immediately apply their knowledge and skills within their current profession.    

At A Glance

  • Location: Fort Collins, Colorado
  • Cost: $998 Per Credit Hour
  • Faculty to Student Ratio: 14 to 1
  • Financial Aid: Yes
  • Graduation Rate: 67.5%

9. University of Maryland

At the University of Maryland students of the online MBA program will find a thoroughly designed and pathway to earning an MBA that works for students.  The students of the online MBA program are professionals that have an average of eight years of work experience.  This unique group of experienced students brings global experience with them to their cohorts as they learn to collaborate and network with one another throughout the degree program.  The core program is separated into 7 phases that prepare students with knowledge and techniques they can use with their current employer or future employer.  Following the first-year students will enter the complementary courses that will allow them to further specialize their degree.  Last, students will complete their capstone, those seeking an emphasis in finance will pursue a capstone in finance careers.  

At A Glance

  • Location: College Park, Maryland
  • Cost: $1,644 Per Credit Hour
  • Faculty to Student Ratio: 18 to 1
  • Financial Aid: Yes
  • Graduation Rate:  85.3%

10. Auburn University

The return on the investment of earning an online MBA at Auburn University is among the best in the nation.  As one of the oldest and most experienced online MBA programs, Auburn University has learned how to blend online learning with providing the same high-quality education and resources to online learners that on-campus students receive.  Students will still collaborate and network with other students from around the nation through online platforms.  Students can either stream live classes or take courses that have been archived.  This delivery method is flexible and is designed for working professionals that choose not to put their career on hold while advancing their education.    

At A Glance

  • Location: Auburn, Alabama
  • Cost: $35,350 Program Cost
  • Faculty to Student Ratio: 20 to 1
  • Financial Aid:  Yes
  • Graduation Rate: 75%

11. Santa Clara University

Santa Clara University is another institution that is located in a very unique place for MBA students that are seeking to collaborate with other brilliant-minded people right at the heart of Silicon Valley.  A tech hub, a business hub, a location that pools global talent into one area that allows MBA students to learn from expert faculty that have extensive experience in global markets and evolving finance management within those markets.  This program draws students with diverse career backgrounds from a wide array of industries that enriched students’ experiences as they collaborate with one another.  Students can specialize their degree in the area of finance as well.  

At A Glance

  • Location: Sant Clara, California
  • Cost: $1,193
  • Faculty to Student Ratio: 10 to 1
  • Financial Aid: Yes
  • Graduation Rate: 88.7%

12. University of Massachusetts

Designed for working professionals that have a desire to become industry leaders and competitive in the global market, the online MBA at the University of Massachusetts is for these business professionals.  Students of this program often have ten years of experience and offer a great deal of unique knowledge and networking opportunities as well as new perspectives on collaborative projects between students.  This degree can be pursued entirely online or in a hybrid method.  The curriculum is the same rigorous curriculum found on campus and is taught by the same expert faculty that have years of experience. Online courses are delivered using the latest innovative technology to make them as engaging as in-person learning.   

At A Glance

  • Location: Amherst, Massachusetts
  • Cost: $40,500 For Entire Program with Finance Focus
  • Faculty to Student Ratio: 17 to 1
  • Financial Aid: Yes
  • Graduation Rate: 75.6%

13. Saint Joseph’s University

Saint Joseph’s University offers a very competitive and flexible online MBA program designed for the working professional that is seeking to become a leader in their industry.  Students can enroll full-time or part-time.  The Program allows students to increase or decrease their credit hours as needed to work around their professional and personal lives.  Being located in one of the largest cities in the nation, the faculty are drawn from many of the fortune 500 companies in the area.  Students will be learning from national and global experts while they participate in their program.  The average completion time is 1 to 2.5 years for the online program.  Students can also apply for graduate assistantships to receive a stipend and tuition reimbursement.  

At A Glance

  • Location: Philadelphia, Pennsylvania
  • Cost: $1,107 Per Credit Hour
  • Faculty to Student Ratio:10 to 1
  • Financial Aid:Yes
  • Graduation Rate: 80% 

14. University of Southern California

University of Southern California blends its rigorous curriculum with the efficiency of online learning through an innovative format that allows students across the world to gain an exceptional education regardless of where they live.  As a globally recognized institution, the online MBA program has opened doors for the global market for many students.  Each course is designed by leading faculty members that teach on campus to ensure the course is relevant, engaging, and allows for connection between students and the expert faculty instructing them.  Through an online approach to education, students are also learning the latest online approaches of how business is benign done globally through the latest technology.  

At A Glance

  • Location: Los Angeles, California
  • Cost: $106,596 Total Program Tuition
  • Faculty to Student Ratio: 8 to 1
  • Financial Aid: Yes
  • Graduation Rate: 92%

15. Creighton University

An education from Creighton University goes beyond excellent courses, it provides the fundamentals of making good leaders that have the necessary critical thinking skills, the ability to make ethical and moral decisions, and the characteristics of well-rounded leaders.  These fundamental differences make all the difference in earning the position and leadership roles desired within companies.  The online MBA program allows for flexible courses to fit into working professional schedules while they continue to meet career and personal obligations.  The entire program can be completed in as little as two years.  That includes students studying a contraction area such as finance.  

At A Glance

  • Location: Omaha, Nebraska
  • Cost: $955 Per Credit Hour
  • Faculty to Student Ratio: 11 to 1
  • Financial Aid: Yes
  • Graduation Rate: 79%

16. Xavier University

For aspiring professionals that are seeking to earn an MBA while they continue their current profession, the online MBA program at Xavier University is not only a rigorous and accredited program but is also among the more affordable programs available.  Through this program, students will learn the current business trends, critical thinking, analytical skills, and ethics.  All courses are taught within the context of the Jesuit tradition of Xavier University. Students can earn their degree in as little as 1.5 years or take up to 3 years to complete.  There are areas of concentration that students can choose to customize their degree with such as finance and current topics within the business.  Elective change to meet the needs of current students and their interests.   

At A Glance

  • Location: Cincinnati, Ohio
  • Cost: $860 Per Credit Hour
  • Faculty to Student Ratio:11 to 1
  • Financial Aid: Yes
  • Graduation Rate: 72%

17. Rice University

The online MBA program at Rice University is more than an accredited program from expert faculty, it is providing students with a way to find their voice and empower them to be the change they desire to see in their career, in their life.  While the MBA program is primarily online students are fully engaged through live courses, interactive coursework on a weekly basis, and occasional in-person learning and networking activities.   It is through these key components of the online program that make networking and collaboration possible and encouraged throughout the program.  Students learn from expert faculty as well as from and with one another as they go through the program. 

At A Glance

  • Location: Houston, Texas
  • Cost: $2,035 Per Credit Hour
  • Faculty to Student Ratio: 6 to 1
  • Financial Aid: Yes
  • Graduation Rate: 93%

18. The University of North Carolina at Chapel Hill

If you are a business professional that is seeking to earn an MBA but wants to focus on courses and skills with the latest technology available for financial management, then the Finance MBA program at The University of North Carolina at Chapel Hill is a great option.  Graduates of this program are prepared to lead out in the financial sector of global businesses.  Students learn from a range of financial subjects including capital markets, tax, real estate, financial reporting and analysis, mergers and acquisitions, and corporate valuation.  With various courses, the career paths available for graduates are just as varied and will promote students’ success across any financial concentration.  

At A Glance

  • Location: Chapel Hill, North Carolina
  • Cost: $125,589 Program Cost
  • Faculty to Student Ratio: 14 to 1
  • Financial Aid: Yes
  • Graduation Rate: 91.1%

19. North Carolina State University

Working professionals that are seeking to earn an MBA online while they continue their career obligations will find a top-ranking program at North Carolina State University.  The online MBA program integrates proven technology strategies that enable students to connect with other students, professors, and guest speakers.  The program utilizes podcasts, online presentations, videos, and more to help connect online learners.  This program allows students to work at a pace they can manage, earning their degree in as little as 21 months or up to 6 years.  Students will also need to complete two 30day residencies in Raleigh during the course of their program.  

At A Glance

  • Location: Raleigh, North Carolina
  • Cost: $1,154 Per Credit Hour (Resident) $2,027 Per Credit Hour (Non-Resident)
  • Faculty to Student Ratio: 14 to 1
  • Financial Aid: Yes
  • Graduation Rate: 77%

20. American University

If you are a mid-career professional that is aspiring to earn promotions into leadership roles within your industry then earning an online MBA from American University might be a good fit.  Within the online degree program, students will learn essential management skills as well as various communication skills. As more businesses turn to global markets having culturally aware and diverse students has proven strength for American University.  Students are able to collaborate and serve as peer mentors within their group and within their personal specialization of their industry and personal experiences, they bring to the table.  Though the coursework is primarily online students will have opportunities for in-person immersion residencies throughout their degree program.  

At A Glance

  • Location: Washington D.C.
  • Cost: $1,708 Per Credit Hour
  • Faculty to Student Ratio: 11 to 1
  • Financial Aid: Yes
  • Graduation Rate: 81%

21. Arizona State University

Professionals that want to increase their knowledge and hone their skills while maintaining their careers and personal lives will find the online MBA program at Arizona State University to be a program that will work with and for every student.  Students can take one core course at a time when and where it works for them, or they can take more if they are able to during other times throughout their MBSA pursuit.  Each course takes 5 weeks to complete and the online learners have access to the same multiple resources and expert faculty as traditional learners have.  There are two start dates during the year to meet the demand and admit more students.  

At A Glance

  • Location: Tempe, Arizona
  • Cost: $59,584 Cost of Program
  • Faculty to Student Ratio: 20 to 1
  • Financial Aid: Yes
  • Graduation Rate: 67%

22. Indiana University

Indiana University offers a unique online MBA program that allows every student to customize their degree to meet their personal and career goals with courses they take in earning the degree.  Those seeking to earn an MBA in Finance can customize their elective courses to match the needs they have in the finance sector.  Students will take 50% of their credits in the course and the remaining 50% will be from electives of their choosing as they tailor their degree in a very specialized manner not often found at other institutions.  Students can take anywhere from  2 to 4 years to complete their degree requirements.    

At A Glance

  • Location: Bloomington, Indiana
  • Cost: $1,380 Per Credit Hour
  • Faculty to Student Ratio: 16 to 1
  • Financial Aid: Yes
  • Graduation Rate: 76.1%

23. Babson College 

For professionals that are either looking to advance their current career or completely change career courses, the online MBA at Babson College provides courses within their MBA program to meet the career and professional goals of all students.  The online program is known for its flexibility and the ability students have to continue to twitch their current profession while advancing their education.  Online learners have access to the same high-quality instruction, expert faculty, and networking opportunities that traditional on-campus students engage in.  The MBA program integrates real-world consulting projects and experiential learning.   

At A Glance

  • Location: Wellesley, Massachusetts
  • Cost: $1,990 Per Credit Hour
  • Faculty to Student Ratio: 14 to 1
  • Financial Aid: Yes
  • Graduation Rate: 91%

24. George Washington University

George Washington University offers a unique education simply due to its location and what that alone has to offer in regards to the various professionals that are drawn to the area of Washington D.C.  This is where global business, government, and private sectors meet.  World-class faculty instruct online learners just as they do full-time students.  Online students can also participate in 4-day residencies where they are immersed in their courses.  Students are also participating in group projects, collaborating, and networking in live learning and co-curricular experiences.  Students have three start dates to choose from and will be expected to enroll in and com[plete 6 credit hours per semester.  

At A Glance

  • Location: Washington D.C.
  • Cost: $1,765 Per Credit Hour
  • Faculty to Student Ratio: 13 to 1
  • Financial Aid: Yes
  • Graduation Rate: 83.9%

25. University of Washington

The online MBA program offered through the University of Washington’s Foster Business School blends the flexibility of online coursework with the in-person benefits of networking.  Students have access to the high-quality curriculum and courses online so they can continue pursuing their careers and meet personal obligations.  There are also 3 to 5 day on-campus sessions that students attend each quarter that allows them to network and work in person with other professionals within their cohort.  It truly is the best of both worlds as the program blends the curriculum to meet the real-world needs of aspiring professionals in real-time.  

At A Glance

  • Location: Seattle, Washington
  • Cost: $78,000 Entire Program
  • Faculty to Student Ratio: 20 to 1
  • Financial Aid: Yes
  • Graduation Rate: 84%

26. Florida International University

A globally and nationally ranked MBA program, Florida International University has developed an engaging and investment worth making in their online MBA program.  The MBA program is offered entirely online where students have three different packing tracks to choose from to ensure they can meet professionals and personal obligations as well as complete their degree in a timely manner.  Students can choose between an 18 month, 21 months or 33-month track to complete their degree program.  Students will be learning from world-class faculty that hold doctorate degrees within their fields and have extensive real-world experience.  The average student has 7 years of work experience prior to enrolling in the MBA program.  

At A Glance

  • Location: Miami, Florida
  • Cost: $42,000 Cost of Entire Program
  • Faculty to Student Ratio: 25 to 1
  • Financial Aid: Yes
  • Graduation Rate: 72%

27. University of Utah

There are many online learning platforms and programs but the online MBA at the University of Utah has a custom-built, mobile-optimized platform to guarantee access to their high-quality coursework for the MBA program.  With materials available 24/7 students are able to study when it works with their schedule.  This online format is innovative, transformational, and challenging leaving students better equipped to solve complex problems with the latest evidence-based research and technology to assist in their career.  Most students receive promotions or venture to open their own business while they are still in the program and they are able to immediately apply their knowledge and skills.  

At A Glance

  • Location: Salt Lake City Utah
  • Cost: $1,250 Per Credit Hour
  • Faculty to Student Ratio: 17 to 1
  • Financial Aid: Yes
  • Graduation Rate: 62%

28. Temple University

Utilizing innovative technology, Temple University offers an engaging personalized online MBA program that has become recognized and ranks among the best in the nation. Through the online delivery method working professionals can customize their course load to work with the professional and personal lives.  Students have one to six years to complete the program and earn their degree.  Students must take the course courses prior to customizing their degree with elective courses in their desired field of specialization.  The last portion of the l=degree is their capstone project.  This gives students the real-world hands-on learning and knowledge to become leaders within their industry.  

At A Glance

  • Location: Philadelphia, Pennsylvania
  • Cost: Calculate Tuition Here
  • Faculty to Student Ratio: 13 to 1
  • Financial Aid: Yes
  • Graduation Rate: 71%

29. University of Arizona

Professionals aspiring to become leaders in their industry and through earning an MBA but also desire to continue with their career will find the flexible online MBA program at the University of Arizona to be the solution.  The online MBA program is as flexible as they come, students can access course work anytime, anywhere and complete it in as little as 14 months or take up to 2.5 years.  Students of this program have access to the same curriculum and faculty as on-campus students as well as the many career development resources.  There are six different start dates throughout the year to better meet the needs of students seeking to enroll in this program.  

At A Glance

  • Location: Tucson, Arizona
  • Cost: $51,525 Cost of Program
  • Faculty to Student Ratio: 15 to 1
  • Financial Aid: Yes
  • Graduation Rate: 60%

30. Pennsylvania State University World Campus

For those seeking to advance their education and career, earning an online MBA from Pennsylvania State University World Campus places them among industry leaders.  This top-ranked degree program is highly customizable to fit each student’s career goals and aspirations.  In this program, students learn to manage high-performance teams in efficient and effective ways using technology and other strategies.  The curriculum is designed based on real-world business, problem-solving strategies and techniques, analytics, influence, and ever-important critical thinking.  Through the engaging online delivery method, students have the flexibility they need while earning a degree from a top-ranked institution.  

At A Glance

  • Location: Centre County, Pennsylvania
  • Cost: $1,236 Per Credit Hour
  • Faculty to Student Ratio: 17 to 1
  • Financial Aid: Yes
  • Graduation Rate: 38%

Point Methodology

  •  Cost:  Entire Program Under $50K     Points:  5
  • Entire Program Between $50K and $75K  Points:  3
  • Entire Program Above $75 Points:  1
  • Faculty to Student Ratio:  10 to 1 and Below  Points:  5
  • Between 10 and 20 to 1  Points:  3
  • Above 20 to 1 Points:  1
  • Graduation Rate: Above 80%   Points:  5
  • Between 60% and 80% Points:  3
  • Below 60% Points: 1
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