30 Top Online MBA Programs

Earning an online MBA may be the best career choice you make. A Master of Business Administration (MBA) pays, not only in terms of salary, but in confidence, discipline, time management, professional networking, and more.

These benefits are only a few that MBA programs provide. An MBA is the next step professionally. What are the key benefits? What positions and salary are open to me with an MBA? How long does it take? All of these are essential questions to ask when considering an online MBA program.

Is earning an online MBA worth the time and money?

We believe earning an MBA is timely and well worth the investment. Consider the fact that MBA graduates are in high demand. Over the next ten years, 86 percent of companies report plans to hire MBA grads. Having an MBA in hand means something to employers. Graduates are well-trained through accredited programs with international standards. Employers know how effective MBA grads are through the #1 way to know—experience.

Perhaps where the rubber meets the road most is the money. Is the investment in an MBA worth it? What will the ROI be? First, earning a Masters of Business Administration is one of the business world’s highest academic achievements. It comes with respect. It is also necessary to rise on the career ladder because of the invaluable management knowledge and skills that come along with it. The Bureau of Labor and Statistics reports large salary bumps for those who earn MBAs. According to the Graduate Management Admission Council (GMAC), the base salary of an MBA grad was $105,000 for MBA graduates in 2018.

What is an online MBA like?

In the dynamic global economy of the 21st century, we are busy and always moving. This lifestyle, combined with global demand, has given rise to a slew of online MBA options. Our nation’s universities are providing a way for working people to continue working while completing an MBA. The programs on this list demonstrate this trend. 

Online MBA programs are flexible, convenient, and more affordable options for the working adult. They are becoming readily available and improving every year. They are typically taught by the same expert faculty as traditional brick-and-mortar learning. Online MBA programs also come with flexibility and choice. Most schools offer several concentrations such as Finance, Business Analytics, Supply Chain Management, Accounting, and more.

While most programs on our list are 100 percent online, several have residency requirements. This is important to consider. They provide incredible networking and relational benefits by connecting you to professors, classmates, alumni, and professionals. Online MBA graduates are treated the same as on-campus grads, especially when you choose schools that are AACSB-accredited. All in all, if you’re ambitious and want to continue working while you earn your MBA, there are excellent options out there for the taking.

What is the methodology for this list?

To find the top online MBA programs, we searched through the nation’s top-ranked business schools to find schools that offer online MBA programs. Once our list was compiled, we gave each school a score using calculations based on reputation, program cost, and average mid-career salary. Statistics were gathered from the National Center for Education Statistics, payscale.com, and school websites. The ranking was calculated based on the following numbers:

• Reputation – 30%
• Program Cost – 40%
• Student to Faculty Ratio – 15%
• Average Mid-Career Salary – 15%

The 30 Best Online MBA Programs

1. Lehigh University

• Location: Bethlehem, PA
• Percentage of Graduate Students: 27.7%
• Student to Faculty Ratio: 9 to 1
• Degrees Offered: Bachelor’s degree, Post Baccalaureate certificate, Master’s degree, Doctor’s degree – research/scholarship
• Accreditation: Middle States Commission on Higher Education as well as numerous other accrediting bodies.

Lehigh University was founded in 1865 and is located in Bethlehem, Pennsylvania. The University offers a rigorous academic education for its 7,000 students. Lehigh is considered one of the twenty-four “Hidden Ivies” in the Northeastern United States.  

Lehigh University offers a Flex MBA program that can be completed on-campus and online. This AACSB-accredited MBA is an excellent option for the working adult who may want different pacing than a full-time program as well as flexibility. Lehigh’s part-time pace is accomplished through the ClassroomLIVE experience, the key to LU’s success. This platform means you control the speed, on your own, depending on what your schedule dictates on any given day. You can flex between attending classes on-campus and online.

If you need to travel for a work assignment, attend classes in person, and then when you leave town, join your classes online. This ultimate flexibility and convenience is a distinct advantage. Another option at Lehigh is the VENTUREseries. This is a one-of-a-kind Executive Certificate program and MBA Track that focuses exclusively on entrepreneurship, hands-on learning, creative problem solving, and leadership. With the flexibility, affordability, and quality of a nationally ranked business school and an average mid-career salary of $135,700, LU comes in at #1.

For more information, visit the Lehigh University website.

2. University of Mississippi

• Location: Oxford, MI
• Percentage of Graduate Students: 19%
• The student to Faculty Ratio: 18 to 1
• Degrees Offered: Bachelor’s degree, Post Baccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as several other accrediting bodies.

The University of Mississippi is a large public research university. The 24,000 students at Ole’ Miss enjoy the best a large American university offers: academic choice, nationally recognized and accredited programs, active student life, and incredible learning resources. Ole’ Miss is known for Accounting, Education, Marketing, and Psychology.

Ole’ Miss offers a 100-percent online MBA program that strikes a chord with affordability, flexibility, and quality. At only $29,160 the program cost is in the lowest third on our list. The online format is perfect for working people. You can complete the degree at your pace (no more than six years) and on your time. The average completion time is two years, or four semesters and two summer sessions. The generous transfer policy grants up to 15 credits.

This should be considered as the program is only 36 credits. The curriculum is AACSB-accredited and prepares you to manage and lead with skill and character. Classes include Business Planning and Entrepreneurship, Strategic Marketing Management, and a Strategic Management Capstone. GRE and GMAT are required for admission. Knowing the faculty are nationally recognized and U.S News and World Report ranked this program #9 in 2018 is the assurance you will get what you pay for.

For more information, visit the University of Mississippi website.

3. University of Wisconsin – Eau Claire

• Location: Eau Claire, WI
• Percentage of Graduate Students: 7%
• Student to Faculty Ratio: 23 to 1
• Degrees Offered: Less than one year certificate, Associate’s degree, Bachelor’s degree, Post Baccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree-professional practice
• Accreditation: Higher Learning Commission

The University of Wisconsin-Eau Claire started as a normal school in 1916. The school merged with the Wisconsin University System in 1971, and UW-Eau Claire now serves over 10,000 students. UW-Eau Claire is known for undergraduate research, study abroad opportunities and several nationally ranked programs.

The online MBA at UW is offered through the UW-Consortium. The Consortium gives you the best of the UW System by offering their MBA 100-percent online by partnering with four AACSB accredited business schools: Eau Claire, La Crosse, Oshkosh, and Parkside. The program features team-teaching and hands-on learning in most classes. The 30-credit online MBA can be completed in two and a half years and doesn’t require any campus visits. It is important to note that depending on previous education, some prerequisites are required. On the flipside, the transfer policy can help you decrease the number of your elective credits.

Outcomes for the degree include the ability to identify and evaluate the market opportunity, create and sustain competitive advantages, and communicate effectively in organizations. Overall, UW’s online MBA offers a strong ROI with the sixth lowest tuition on our list and is one of the best in terms of quality.

For more information, visit the University of Wisconsin website.

4. Ball State University

• Location: Muncie, IN
• Percentage of Graduate Students: 21%
• Student to Faculty Ratio: 15 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice

A New York businessmen founded ball State University. BSU is now a large public research university with the main campus in Muncie, Indiana and two others in Fishers and Indianapolis. The most popular majors are Business, Communication, Journalism, Health Science, Education; and Liberal Arts and Sciences.

At Ball State, the online MBA program is a 30- to 33-credit program that can be completed in approximately two to three years. (If you have not earned an undergraduate business degree, the program can be up to 51 credits.) The curriculum covers core theoretical and practical knowledge, and you have the option of choosing from five concentrations: Entrepreneurship, Finance, Health Economics, Policy, and Administration, or Logistics and Supply Chain Management. There is a lot of flexibility at BSU: part- or full-time, online or hybrid, and the five concentrations.

Delivery of the online program is both asynchronous and synchronous utilizing state-of-the-art technology. Ball State’s business programs are AACSB-accredited, and the same outstanding faculty teach the online MBA as on-campus classes. Admission requirements include a GMAT or GRE, and there are Graduate Assistantships available.

For more information, visit the Ball State University website.

5. Auburn University

• Location: Auburn, AL
• Percentage of Graduate Students: 19.5%
• Student to Faculty Ratio: 19 to 1
• Degrees Offered: Less than one year certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice, Doctor’s degree – other
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as numerous other accrediting bodies.

Auburn University is one of many of our public land-grant universities. Located in Auburn, Alabama, AU features a diverse campus population, active student life, renowned athletics, and excellent academics. Auburn offers nearly 30,000 students over 140 majors and 300 clubs/organizations.

The Auburn Online MBA program trains men and women to excel in the complex digital and global business world of today. The program consists of 13 courses—nine core business courses and four electives (there are many elective choices from Big Data to Advanced Investments). The average student takes two and a half years to complete the program, while the max time allowed is six years. The online MBA can be completed at your own time and pace giving you flexibility as a working professional. With the digital platform CANVAS, you jump into lectures, attend seminars, engage in collaboration with other students through video conferencing, and more.

Classes include Financial Analysis, Organizational Leadership & Change, and a Final Capstone. Another offering that Auburn provides is the Dual Degree option. You can earn your online MBA and either an MS in Information Systems,  Industrial and Systems Engineering, or Finance.

For more information, visit the Auburn University website.

6. Creighton University

• Location: Omaha, NE
• Percentage of Graduate Students: 50.8%
• Student to Faculty Ratio: 11 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Higher Learning Commission as well as several other accrediting bodies.

Creighton University is a private, comprehensive, Jesuit university located in Omaha, Nebraska. CU begins and ends with a passionate search for truth and justice in every degree. The school offers studies in over 160 academic areas to approximately 9000 total students.

Creighton is known for creative teaching and learning. In the case of their online MBA, these are the words that best characterize this program. The online MBA is delivered with the same passion and dedication to excellence as all degrees at CU. The online, AACSB-accredited MBA is affordable, has an outstanding reputation, is customizable, and is flexible. The 33-credit program takes about two years to complete. Students choose from several concentrations: Finance, Leadership, Business Intelligence & Analytics, Accounting, Financial Psychology & Behavioral Finance, or Personal Financial Planning.

There are also nine different dual degree options. You can customize delivery in the way that best suits your life, online or on-campus or any combination of those. With five different start times, you have ample room and time to decide how to conquer the online MBA. Admission requires a 3.0 GPA, equivalent work experience, and an accredited bachelors. A GMAT is required if the previous three criteria are not met.

For more information, visit the Creighton University website.

7. Washington State University

• Location: Pullman, WA
• Percentage of Graduate Students: 17.4%
• Student to Faculty Ratio: 15 to 1
• Degrees Offered: Less than one year certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Northwest Commission on Colleges and Universities as well as numerous other accrediting bodies

Washington State University is public, land-grant, research university serving 30,000 total students. WSU is organized into 11 colleges and offers a great variety of majors. The most popular are Business, Engineering, Social Sciences, and Health Professions. Last year, WSU spent $356.9 million in research.

At Washington State University, the MBA is 100 percent online. You can enroll part time or full time, and almost all the courses are asynchronous.  No GMAT is required for admission and the average time to complete the degree is 22-29 months. Graduates start or advance in their careers or advance with knowledge and skills for a variety of positions within the field. There are four concentrations offered: Marketing, Finance, Hospitality Management, and International Business.

The same expert faculty teach the AACSB International-accredited program as teach on campus and the school’s business education experience goes back to 1932. The quality of the program is attested to by several ranking organizations, including U.S. News and World Report. A notable feature of choosing the online MBA at WSU is the optional International Experience in Helsinki, Finland, and Tallinn, Estonia.

For more information, visit the Washington State University website.

8. University of Massachusetts

• Location: Amherst, MA
• Percentage of Graduate Students: 22.9%
• Student to Faculty Ratio: 18 to 1
• Degrees Offered: Less than one year certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: New England Commission of Higher Education as well as several other accrediting bodies.

The University of Massachusetts-Amherst is a public, research, land-grant university known for Life Sciences, Climate Research, Business, Social Sciences, and Psychology. UMass has a beautiful campus, rich academic culture, and offers 109 bachelor’s degree programs, five associate’s, 77 master’s and 48 doctoral programs in nine schools and colleges.

The Isenberg School of Business offers an online MBA for professionals who want to lead in their industry. You have the flexibility to earn the MBA entirely online (full-time) or hybrid (part-time) at one of three satellite campuses in Springfield, Shrewsbury, and Boston. The curriculum is AACSB-accredited, and you can choose between five areas of focus: Business Analytics, Entrepreneurship, Finance, Healthcare Administration, Marketing, and Sport Management.

For an affordable cost and excellent reputation, UMass offers a good ROI. Ranked #3 for “Best Online MBA Worldwide” by Financial Times in 2018 is quality assurance. At UMass you’ll also benefit financially and academically from unique partnerships—so be sure to check these out. For example, to name only three: American College of Radiology, United Technologies, and Pfizer, Inc. Potential students can take two courses before applying to the degree as a way to determine your commitment.

For more information, visit the University of Massachusetts website.

9. University of Florida

• Location: Gainesville, FL
• Percentage of Graduate Students: 33%
• Student to Faculty Ratio: 19 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as numerous other accrediting bodies.

The University of Florida is one of the largest universities in America. The public land-grant, sea-grant, and space-grant research university is a world unto itself. Known for research, engineering, and business, the University offers excellent options for majors, sports, extracurriculars, and academics.

The University of Florida’s Warrington School of Business offers a fully online and accredited MBA. UF was one of the first schools to offer such a degree; their experience stretches clear back to 1999. The program has been consistently recognized for quality by Financial Times and U.S. News & World Report. There are two basic options, and they are both full-time and challenging: the 20-21 month MBA and the 16-month hybrid MBA. Both feature asynchronous learning from the same renowned faculty as on-campus degrees.

The pace is quick and intense. You engage in listening to lectures, collaborate in group learning, and participate in real-world problem solving with professionals. Both plans include a Global Immersion Experience (GIE). The GIE does include online and on-campus visits in preparation for the seven to ten-day international experience and counts as two credits. In addition to the online options, there are also dual degree MBAs. The cost at UF is among the more expensive at $59,807, but with the quality, opportunities, and experience it could be precisely what you’re looking for.

For more information, visit the University of Florida website.

10. Kennesaw State University

• Location: Kennesaw, GA
• Percentage of Graduate Students: 8%
• Student to Faculty Ratio: 20 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as numerous other accrediting bodies.

Kennesaw State University started as a junior college. KSU is now an extensive, four-year, public research university offering over 150 programs on two campuses. Kennesaw’s online learning and offerings have grown and developed to become noteworthy. KSU offers 70 online degrees, certifications, and endorsement programs.

Since 2001 KSU has provided a rigorous online MBA for professionals. The online degree, called the KSU WebMBA, is the third most affordable on our list at $13,788. With such a low cost and a profound experience in digital learning, this option leads to a strong ROI. The degree consists of team-based learning entirely online after a two-day mandatory orientation at the beginning of the program.

The cohort structure is excellent to foster student interactions, peer-to-peer learning, and relationships that can help you both personally and professionally. The WebMBA curriculum is ten courses and takes about 20 months to complete. Admission does include a GMAT exam. The AACSB-accredited online MBA program prepares you to understand what it takes to succeed in today’s world. From management, leadership, organizational strategies, and more, the WebMBA works.

For more information, visit the Kennesaw State University website.

11. Pennsylvania State University

• Location: University Park, PA
• Percentage of Graduate Students: 13.3%
• Student to Faculty Ratio: 20 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship
• Accreditation: Middle States Commission on Higher Education and several other accrediting bodies.

Pennsylvania State University is a Public Ivy and one of the largest universities in the USA. PSU has many campuses (24), with the main campus located in University Park, Pennsylvania. Penn State continues to be a leader in teaching, research, and service. The University also operates a teaching hospital and their online World Campus,

The online MBA at Penn State focuses on “…business strategies, collaborative teamwork, strategic leadership, and an integrative and interactive curriculum across all functional areas of business.” With this comprehensive approach, the degree leads to success and student satisfaction. The AACSB-accredited program has 14 concentrations to choose from, and each focus area is nine credits areas include business analytics, finance, marketing analytics, and strategic leadership to name a few.

After the initial five-day residency where you meet professors, peers, earn credit and get oriented, the program is all online. Faculty experts from the PSU system all participate in creating this quality degree. An exciting opportunity is being added to the program starting in Spring of 2020—The Global Immersion Experience. GMAT scores are required, but for high-achieving individuals, the requirement can be waived.

For more information, visit the Pennsylvania State University website.

12. University of Arizona

• Location: Tucson, AZ
• Percentage of Graduate Students: 22%    
• Student to Faculty Ratio: 15 to 1
• Degrees Offered: One but less than two years certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Higher Learning Commission as well as several other accrediting bodies.

The University of Arizona is a large land-grant university. Research is central to UA’s mission as the University operates two medical schools and whose annual research expenditure exceeds $600 million each year. The most popular majors are Business, Biological, Health Professions, and Social Sciences.

The Eller Online MBA at UA can be completed in as little as 14 months. The 45-credit program moves quickly, and the 100-percent online and asynchronous delivery gives you ultimate flexibility. The program also starts six times throughout the year which adds the ability to structure this degree around your life, work, and family. Besides being convenient, the Eller Online MBA continues the outstanding business education tradition at UA that started in 1916.

There are several concentrations to choose from including Entrepreneurship, Health Care, Finance, Management and Organizations, Management Information Systems, and Marketing. Taught by the same experienced faculty as on-campus, the AACSB-accredited program produces results. Also, Eller Online MBA students average 7.41 years of experience and are noted high achievers. Admission does require a GMAT among other conventional requirements. All in all, if you’re looking for quality and convenience, you may have found your match!

For more information, visit the University of Arizona website.

13. Florida State University

• Location: Tallahassee, FL
• Percentage of Graduate Students: 20.1%
• Student to Faculty Ratio: 22 to 1
• Degrees Offered: Associate’s degree, Bachelor’s degree, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as numerous other accrediting bodies.

Florida State University knows how to educate. Since 1851, FSU has been training and equipping men and women to make a difference in the world.  Today the school serves 41,500 students and offers 341 degree-granting programs. FSU has a 93 percent retention rate indicating strong student satisfaction.

Options, quality, and innovation characterize FSU’s College of Business’ MBA. As for online options, you can choose an online MBA in Business Analytics, Management Information Systems, Real Estate, or Risk Management and Insurance – Financial Planning or Risk Management. Knowing that nine of ten graduates would recommend the program demonstrates it’s success. In addition, U.S. News and World Report rank FSU’s MBA program on their “Best Online MBA’s,” “Best MBA for Veterans,” and “Best Management Information Systems, Real Estate and Risk Management.”

The program is fully AACSB International accredited. The 39-credit curriculum features a core of business courses with electives that make up your concentration. FSU’s Online MBA is a part-time option and takes seven semesters to complete. Admission is based on a portfolio that includes the GMAT or GRE, and there is an entrance exam, though it can be waived depending on other factors.

For more information, visit the Florida State University website.

14. University of Utah

• Location:  Salt Lake City, UT
• Percentage of Graduate Students: 24.8%
• Student to Faculty Ratio: 9 to 1
• Degrees Offered: Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice, Doctor’s degree – other
• Accreditation:

The University of Utah is a space-grant research university known for innovation and entrepreneurship. Built in the picturesque Wasatch Mountains, students enjoy the view and outdoor extracurriculars. As for academics, the most popular majors are Communication, Psychology, and Economics.

The University of Utah’s David Eccles School of Business offers an online MBA that is 48 credits. Fully accredited as a school since 1933 and by the AACSB for their business programs, the MBA Online program is designed with the busy balancing act of our 21st-century life in mind. The 100 percent online (after an orientation on campus) asynchronous delivery allows individuals to juggle school, work, and family and social obligations. With 24/7 access to learning, you choose the pace to complete your degree.

There are no prerequisites required, and the program is accessible to business majors or non-business majors seeking to earn their MBA. Admission does require a GMAT/GRE, though in some cases, the requirement can be waived. A notable characteristic of U of U’s MBA Online is the support. From day one, you will have 1-on-1 executive career coaching to develop a personalized career plan. With proven faculty, executive coaches, and ultimate flexibility, you will earn more fasters. In fact, working professionals report an average 34% salary increase upon graduation.

For more information, visit the University of Utah website.

15. University of Southern California

• Location:  Los Angeles, CA
• Percentage of Graduate Students: 58%
• Student to Faculty Ratio: 9 to 1
• Degrees Offered: Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice, Doctor’s degree – other
• Accreditation: WASC Senior College and University Commission as well as numerous other accrediting bodies.

As the oldest private university in California, the University of Southern California has a proven track record of success. Since 1880 USC has been a world leader in research, technology, and innovation. Their reputation precedes them with 11 Rhodes Scholars and 12 Marshall Scholars and nine Nobel laureates.

USC’s Marshall School of Business Online MBA degree is “Built for the Future.” The curricular focus is suited for the 21st century with emphasis on a global perspective, social media branding, and digital analytics. USC’s Online MBA has the same faculty, rigor, and camaraderie that residential students experience. You learn using a variety of mediums, including a one-week on-campus residency, engaging videos produced at the USC Marshall studio, and weekly, live and personal class sessions conducted via webcam.

Geared for our technology-driven society, students complete an integrated, flexible program that prepares them for successful business leadership. Basic knowledge in finance, accounting, marketing, and entrepreneurship grounds graduates in traditional and necessary knowledge for successful business practices. The price is high, but with a low faculty to student ratio and proven USC experience and excellence you will be highly competitive in the job market.

For more information, visit the University of Southern California website.

16. Indiana University

• Location: Bloomington, IN
• Percentage of Graduate Students: 23.5%
• Student-to-faculty ratio: 17 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Higher Learning Commission as well as numerous other accrediting bodies.

Indiana University is an eight-campus public institution of higher learning educating over 100,000 students. IU Bloomington is the flagship and one of the 62 members of the Association of American Universities. IU is known for research, business, public administration, and informatics.

The Kelley School of Business at Indiana University offers an online MBA. There are two required one-week residencies in Bloomington, Indiana. Other than that, the program is entirely online. One distinct IU advantage is the networking and relationship building structured into the program. Besides the residencies, you participate in Global Connect Nights and consult with professional experts in AGILE (Accelerating Global Immersion Leadership Education).

You also have a certified career coach as part of the Online MBA. With these opportunities and more, the philosophy of “it’s not what you know but who” is put into practice. This is not to say the content is without merit. The AACSB-accredited curriculum features an integrated core and numerous electives to ensure that you focus on the area you want. IU also has a unique option. You can add a major for 12 additional credit hours. Choices for this additional MS are in Business Analytics, Entrepreneurship & Innovation, Finance, Global Supply Chain Management, Marketing, and Strategic Management.

For more information, visit the Indiana University website.

17. Fitchburg State University

• Location: Fitchburg, MA
• Percentage of Graduate Students: 41.8%
• Student to Faculty Ratio: 14 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate
• Accreditation: New England Commission of Higher Education

Fitchburg State University is a public career-oriented school founded on the liberal arts. FSU  was founded as a normal school in 1894 and has developed tremendously since those days. The University now offers over 40 undergraduate and dozens of graduate programs, over 80 student clubs, and 17 Division III athletic program.

For the second lowest price on our list at an incredible $12,510 program cost, Fitchburg is worth looking at for an online MBA. Combined with a low cost, FSU offers a 30 credit-hour MBA with three concentrations: Management, Accounting, and Human Resource Management. With only ten classes, the degree can be completed in only 12 months. That makes FSU the fastest online MBA on our list. Admission to FSU’s online MBA does not require any GMAT either and there are several start-dates throughout the year.

As for curriculum, all three concentrations are founded on core business curricula such as finance, communication, and marketing. You then move into advanced classes in your area. Since MBA graduates’ median salaries are higher than other business majors, the ROI is promising. Whether you’re striving to enter high-level positions, be a CEO, or act as a consultant, FSU can get you there efficiently on a dime.

For more information, visit the Fitchburg State University website.

18. University of Nebraska Lincoln

• Location: Lincoln, NE
• Percentage of Graduate Students: 19.6%  
• Student to Faculty Ratio: 20 to 1
• Degrees Offered: Bachelor’s degree, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Higher Learning Commission as well as numerous other accrediting bodies.

The University of Nebraska Lincoln is a public, land-grant, research university. UNL is a member of the Association of American Universities. The school pioneered theoretical ecology among other achievements. Today UNL is known for programs in Agriculture, Business, Engineering, and the Sciences.

There are two online MBA delivery options at Nebraska – the MBA@Nebraska is a 100-percent online option and the Flex MBA is a hybrid program. The MBA@Nebraska is 48 credits (10 classes) in an eight-week format. It typically takes one and a half years to complete, but there is a generous maximum of 10 years allowed (the average is usually six). The online MBA is robust in electives giving you the ability to specialize in your areas. Specialization areas include Talent Acquisition, International Overlay, or Multinational Financial Analysis. There are also traditional concentrations in Business Analytics, Finance, International Business, Marketing, or Supply Chain Management.

Should you desire to earn a certificate in Business Analytics or Supply Chain Management, you can do that simultaneously with your online MBA. The certificate is also 100 percent online. The MBA@Nebraska is effective in delivering results. With outstanding faculty and engaging, intuitive, mobile technology you can earn, work, and succeed.

For more information, visit the University of Nebraska Lincoln website.

19. University of Washington

• Location: Seattle, WA
• Percentage of Graduate Students: 32.1%
• Student to Faculty Ratio: 19 to 1
• Degrees Offered: Bachelor’s degree, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice, Doctor’s degree – other
• Accreditation: Northwest Commission on Colleges and Universities as well as numerous other accrediting bodies.

Research, innovation, and impact define the University of Washington. UW is a member of the Association of American Universities and receives the most federal money for research in America ($1.3 billion). In the last five years, UW grads have started 86 new companies.

The Foster School of Business at UW offers a convenient and high-quality hybrid MBA. Though most classes are online (95 percent) you are required to attend quarterly courses on campus. The classes are three to five days long and immerse you in workshops, training and coaching sessions and makeup five percent of the total classes you need. The AACSB-accredited 62-credit MBA is perfect for busy people. It enables working people, whether parents, business professionals, or aspiring entrepreneurs, the chance to earn an MBA in about two years. You learn from experienced and expert teachers in the award-winning Foster School of Business.

Faculty have experience at Boeing, Microsoft, and the Washington State Department of Transportation. Delivered in cohort-style education, you unlock the advantage of collaboration and often build relationships that help you professionally and personally. Courses feature real-world case analysis and learning that mirrors problems and challenges of the 21st century. Admission is selective and requires GMAT/GRE scores.

For more information, visit the University of Washington website.

20. University of Maryland, College Park

• Location: College Park, MD
• Percentage of Graduate Students: 26.2%
• Student to Faculty Ratio: 18 to 1
• Degrees Offered: Two but less than four years certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Middle States Commission on Higher Education as well as numerous other accrediting bodies.

The University of Maryland, College Park is a public, flagship, research university founded in 1856. UM is known for research, innovation, and value and is consistently ranked. UM’s location is notable, only a hop, skip, and a jump from our nation’s capital which provides access to the Library of Congress and Smithsonian Institute, for example.

If you’re looking for an affordable, dependable, and flexible online MBA from an accredited university you’ve found it. Through the Robert H.Smith School of Business, you can continue working and start earning your MBA in as little as 24 months. There are five concentrations available: Accounting, Finance, Information Systems and Business Analytics, Marketing, or Supply Chain Management. Curriculum outcomes include advanced business knowledge, leadership, communication, and critical thinking and problem-solving skills to excel in our fast-paced competitive business world.

Taught by the same faculty as on campus, who are recognized among the best in the country by Financial Times, adds confidence to the fact you’ll get what you pay for. Admission does require a GMAT/GRE, and a GPA over 3.0 is recommended. Lastly, the cost is high, but with the recognition of UM, incredible student engagement, and proximity to policymakers and professionals in DC the ROI is still favorable.

For more information, visit the University of Maryland website.

21. West Texas A&M University

• Location: Canyon, TX
• Percentage of Graduate Students: 26.5%
• Student to Faculty Ratio: 20 to 1
• Degrees Offered: Bachelor’s degree, Master’s degree,  Doctor’s degree – research/scholarship
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as several other accrediting bodies.

West Texas A&M is a public university in Canyon, Texas, and part of the Texas A&M University System. West Texas offers 58 undergraduate, 39 master’s, and one doctoral program to 10,000 total students. The top four majors at WTAMU are Business, Engineering, Interdisciplinary Studies, and Agriculture.

The online MBA at West Texas is AACSB-accredited, affordable, recognized for quality by several other ranking organizations. Students at WTAMU enjoy the flexibility of online classes taught by professional faculty. The 100-percent online MBA offers students several options within the curriculum. First, there are the overall options to specialize in one of several areas: Computer Information Systems, Management, Marketing, Healthcare Management, or General.

Additionally, you also personalize your online MBA in each area of the curriculum. For example, under “Marketing” you select one of three choices. The curriculum includes a capstone portfolio. Something else to know is WTAMU’s generous transfer policy. The online MBA can be 31 to 46 credits depending on the previous schooling and takes about two years to complete. Admission does require a GMAT/GRE. However, the requirement is waived if you have a GPA of over 3.0. Lastly, if the price is your top-priority for choosing an online MBA, WTAMU is one of the best options at $25,052.

For more information, visit the West Texas A & M University website.

22. Texas A&M – Corpus Christi

• Location:  Corpus Christi, TX
• Percentage of Graduate Students: 16.8%
• Student to Faculty Ratio: 23 to 1
• Degrees Offered: Bachelor’s degree, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

Texas A&M-Corpus Christi began as a private, Baptist school in 1947. In 1989 TAMU-CC became part of the 11-school Texas A&M University System. Today TAMU-CC is known for diversity, value, and research.

Ten courses, 12 months, and only $12,313 is the Texas A&M-Corpus Christi online MBA. For an incredible value and established credibility a TAMU-CC degree will put you on the path to earning more or landing the job you’ve always wanted. Choose a general focus or one of three concentrations in Finance, Healthcare Administration or Accounting. The general online MBA is 30 credits (assuming you have met prerequisites) and to add a concentration, the program is 36 credits. It is important to note that adding credits increases the cost making the online MBA with a concentration of $14,766—still one of the most affordable on our list.

The business instruction received focuses on leadership, communication, problem-solving, and social responsibility. The curriculum includes team-based collaboration mirroring real world and organizations. The capstone requirement is the culmination of your education. The final project is an analysis of strategic decision-making, policy and strategy. Admission requires a GMAT/GRE, though with a 3.0 GPA or a master’s degree and B or higher in a college algebra class the requirement is waived.

For more information, visit the Texas A & M University website.

23. Carnegie Mellon University

• Location:  Pittsburgh, PA
• Percentage of Graduate Students: 52.8%
• Student to Faculty Ratio: 10 to 1
• Degrees Offered: Bachelor’s degree, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Middle States Commission on Higher Education as well as several other accrediting bodies.

Carnegie Mellon University is a private, global research university in Pittsburgh, Pennsylvania.  Often mistaken for an Ivy-league school due to selectivity and reputation, CMU excels at academics, research, and innovation. CMU is best known for science and technology, and the most popular majors are Engineering, Computer Science, Business, and Mathematics.

The Tepper School of Business at CMU offers a rigorous, part-time hybrid MBA. The program is geared to working professionals and unique in several ways. Here’s how it works. You attend weekly online classes delivered twice a week synchronously for 70 minutes. You complement this with some asynchronous coursework. You are also required to attend six in-person classes a year, called Access Weekends. The Access Weekends are central to the CMU rigor.

During these weekends you connect and collaborate with professors and peers. You attend live classes, take exams, give presentations, visit corporations, and network with alumni. This unique combination of on-campus and online learning is holistic and practical. You can minimize credits and cost by testing out of core classes. On our top 30, CMU is among the most expensive for their online MBA. However, the School offers scholarships and fellowships up to $15,000.

For more information, visit the Carnegie Mellon University website.

24. Augusta University

• Location:  Augusta, GA
• Percentage of Graduate Students: 35.6%
• Student to Faculty Ratio: 15 to 1
• Degrees Offered: Less than one year certificate, One but less than two years certificate, Associate’s degree, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as several other accrediting bodies.

Augusta University is a public research university and part of the University System of Georgia. AU is organized into ten schools and offers 150 degree programs. The school also operates the Augusta University Health System, whose tradition stretches back to 1817.

The James M. Hull College of Business offers a 100-percent online MBA. The program consists of 30 credits/10 classes and takes one to two years to complete, depending on the pace you set. You have the option of mixing the delivery that best suits your life: hybrid, online, or on-campus. The same faculty teach core business knowledge as on-campus classes. Courses include National & International Economics for Managers, Managerial Finance, Marketing Management, and Designing, Managing, and Improving Operations. All the courses emphasize critical reasoning to evaluate evidence and effective decision making—vital skills to succeed in our competitive, global market.

Something Hull College does well is connect you to resources. The Hull MBA Student Association puts you in direct contact with alumni and professionals. Admission requirements include a bachelor’s degree or equivalent, GMAT, GRE, DAT, or MCAT scores, letters of recommendation, and transcripts.

For more information, visit the Augusta University website.

25. University of Michigan

• Location: Ann Arbor, MI
• Percentage of Graduate Students: 35.1%
• Student to Faculty Ratio: 11 to 1
• Degrees Offered: Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice, Doctor’s degree – other
• Accreditation: Higher Learning Commission as well as numerous other accrediting bodies.

“Artes, Scientia, Veritas” is the fitting motto of the University of Michigan. Founded in 1817, UM has a rich history and tradition. UM is one of the largest and most extensive research universities spending over $1 billion per year. As a Public Ivy, UM’s reputation has been well-earned.

The online MBA at UM is a part-time program designed for busy professionals seeking to balance work, life, and school. This MBA gives ultimate flexibility and complete preparation. You attend on-campus and online live competitions and workshops (there are three residency requirements). Lastly, you put all that you learn into a real-life action-based learning project. Besides scheduled learning events there is asynchronous learning. This consists of short video modules that you complete before scheduled workshops, classes, or projects.

In terms of credits, UM’s MBA is robust at 57 credits and takes two and a half years or more to complete. This rigorous and comprehensive training addresses all aspects of business success. You gain core knowledge, relevant specialization, in-person and online collaboration, leadership, communication, and critical thinking. You will be prepared to lead an organization, move into a high-level position, or land the job you’ve been looking for. Though the UM part-time online MBA is pricey, you will be ready for anything.

For more information, visit the University of Michigan website.

26. The University of North Carolina at Chapel Hill

• Location:  Chapel Hill, NC
• Percentage of Graduate Students: 36.9%
• Student to Faculty Ratio: 13 to 1
• Degrees Offered: One but less than two years certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges as well as numerous other accrediting bodies.

Experience matters. The University of North Carolina has been here since the beginning. Born in 1795, UNC has experience, prestige, and is considered a Public Ivy. Academic offerings include 75 majors, 68 doctoral programs, and 113 master’s programs.

Reputation and experience don’t get much better than UNC. The Public Ivy offers its Kenan-Flagler Business School online MBA. Designed with the professional in mind, the average completion time of students in the program is six to ten years. The MBA@UNC is conveniently online and AACSB-accredited. It takes 18 to 36 months depending on pace. The overall focus of the broad 62-credit online MBA is strategic leadership. Through the core curriculum in your specialization, you hone leadership skills. The few campus visits required to put you in contact with business leaders around the world, professors, alumni, and classmates.

You also benefit from one-on-one career coaching and executive mentoring. Students have the option of choosing a concentration in Data Analytics and Decision Making, Entrepreneurship, Finance, Marketing or Strategy, and Consulting. If program quality were the only consideration, UNC would be in our top 10. The price is one of the highest, but given the value and benefits of the MBA@UNC, the sacrifice may be worth it.

For more information, visit the University of North Carolina website.

27. Rice University

• Location:  Houston, TX
• Percentage of Graduate Students: 43%
• Student to Faculty Ratio: 6 to 1
• Degrees Offered: Bachelor’s degree, Master’s degree, Doctor’s degree – research/scholarship
• Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

Rice University is a private university in Houston, Texas and is known for research and academic rigor. Ranked consistently among Ivy League schools, Rice delivers high-quality education with 99 percent of full-time faculty holding a doctorate or terminal degree in their field.

The Dean of Rice Business School said of their Rice’s online MBA, “The launch of our online program marks a significant milestone for our school as we prepare to welcome a new group of business leaders to our family.” The MBA@Rice is designed for working professionals who live outside of Houston. The 54-credit program is structured around normal life. In small cohorts, students may take up to six credits in each 10-week term ending in exams. After exams, you have the option to take a week off, engage in an in-person Intensive Learning Experience (ILE), or choose a Global Field Experience (GFE).

The ILE and GFE feature interaction and collaboration through workshops, simulations, and study abroad opportunities. With one of the best student-to-faculty ratios on our Top 30, you’ll get the personalized instruction. The MBA@Rice can be completed in two years. There are four concentrations as well: Entrepreneurship, Finance, Marketing, and Operations Management.

For more information, visit the Rice University website.

28. Boston College

• Location: Chestnut Hill, MA
• Percentage of Graduate Students: 32.1%
• Student to Faculty Ratio: 13 to 1
• Degrees Offered: Less than one year certificate, Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: New England Commission of Higher Education as well as numerous other accrediting bodies.

Boston College is a private Jesuit college located in Boston’s historic Southend. The school is known for excellent academics, a service-oriented campus culture, and many extracurriculars. The most popular majors at BC are Finance, Communication, Biology, and Psychology.

The online MBA at Carroll School of Management at Boston College is a part-time, hybrid MBA. The pace is either two, three, or four years. You essentially fulfill your academic goals by choosing from more than 150 electives and a wide range of hands-on learning experiences. At Boston College, you’ll receive personalized guidance and coaching to help you tailor and complete the 57-credit program. Your previous experience and credits can also be credited towards the MBA.

It is important to note that this is a hybrid degree with classes taking place in the evening, online, or hybrid. Hybrid courses combine online content with on-campus classes. In step with BC’s reputation for service, all students are required to complete a service-learning component of 20 hours to graduate. Though the price is higher, the flexibility, unique hybrid option, and personalized coaching make it well worth it.  There are also merit scholarships available.

For more information, visit the Boston College website.

29. University of Iowa

• Location: Iowa City, IA
• Percentage of Graduate Students: 23.8%
• Student to Faculty Ratio: 16 to 1
• Degrees Offered: Bachelor’s degree, Postbaccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice
• Accreditation: Higher Learning Commission as well as numerous other accrediting bodies.

At the turn of the  19th century, the University of Iowa was born. UI is a member of the Association of American Universities. The University is known for research and is home to an extensive medical center. The most popular majors at UI are Business, Marketing, Fitness Studies, Engineering, and Communication.

The Tippie College of Business knows how to train leaders for our dynamic economy, and the online MBA is no exception. Fully accredited by the AACSB since 1923 proves their merit. Their online MBA program opens Summer 2019. The program will feature all the same rigor as their ranked and reputable on-campus MBA. And their on-campus Professional MBA is ranked by U.S. News and World Report at #22 in the country. The Tippie business core consists of finance, marketing, management and data analytics.

Built on top of that are electives that help you hone your talents in the areas you want. The program is 45 credits, 15 classes, and takes two years to complete. The online delivery is both asynchronous and synchronous, with the majority being the former. You can expect about one and a half hours of synchronous learning per week. The Online MBA has three start dates, and notably, no prerequisites.

For more information, visit the University of Iowa website.

30. University of Minnesota

• Location: Minneapolis, MN
• Percentage of Graduate Students: 31.6%
• Student to Faculty Ratio: 17 to 1
• Degrees Offered: Less than one year certificate, Associate’s degree, Bachelor’s degree, Post Baccalaureate certificate, Master’s degree, Post-master’s certificate, Doctor’s degree – research/scholarship, Doctor’s degree-professional practice, Doctor’s degree – other
• Accreditation: Higher Learning Commission as well as numerous other accrediting bodies.

The University of Minnesota-Twin Cities is a public, research, land-grant university.  UMN is the flagship campus in the UM System and also has campuses in Crookston, Duluth, Morris, and Rochester. It is one of the largest in terms of enrollment in the nation.

“Increase your earning potential, broaden your business knowledge and skills, and open new professional doors” with UMN’s Online MBA. Housed in the Carlson School of Management, the Online MBA is made for the modern professional, busy parent, or ambitious entrepreneur. The 52-credit program is intense and takes two years to complete. Other than two in-person residency requirements, the program is entirely online. The in-person learning events feature an orientation, Global immersion in the international business community, and hands-on workshops. Because UI is so large, the extensive student resources are a benefit.

You will have access to an extensive 55,000-alumni network, many who work in global corporations. You also have access to personalized career coaching at UI. The curriculum includes a core curriculum and electives to fit your interests. Some examples of specialization areas are Accounting, International Business/Study Abroad, Managerial Communications, Supply Chain Operations, and Medical Industry Leadership.

For more information, visit the University of Minnesota website.

Why should I consider an online MBA?

The reasons to consider jumping into an online MBA are numerous. A Master of Business Administration is the gold standard in the professional world. If you hold an MBA from an accredited university, employers know you have the knowledge and skills to lead. They know MBA grads are prepared to make strategic decisions at the highest levels based on best practice. They know MBA grads are trained with the analytical skills and tools combined with knowledge of finance to take the company to the next level. All that being said, when you have an MBA you are more marketable, more hireable, more skilled, and employers are looking for that.

Over the next ten years, 86 percent of companies report plans to hire MBA grads. Perhaps the number one reason for committing to an online MBA is an increased salary. In 2017, the average MBA earned $110,000 according to an annual survey by the Graduate Management Admissions Council (GMAC).  Salary does range considerably with different jobs from $85K to $150K depending on experience and other factors. Lastly, choosing an online MBA makes sense. You keep working and building experience. You add all sorts of skills and make connections with professional networks. You do it all on your time for a generally lower cost.

What does an online MBA look like?

Our economy is continually evolving at a seemingly increasing pace. We are always on the go. This lifestyle has given rise to a slew of online degrees. The MBA programs offered online are now in the hundreds. From the small college to prestigious universities you’ve got options to choose from. And in general, the possibilities are excellent. All the programs on this list are accredited—a wise factor to note. Now that you’ve found 30 accredited schools, what are the programs like? Perhaps the biggest draw is that online MBA programs are flexible and convenient. They allow working people to keep working and take classes around their work schedule.

The same expert faculty on-campus education usually teaches online MBA degrees and be part- or full-time. Almost all the schools on our list offer concentrations or specializations. If you are looking for advanced knowledge and skills to move up in Finance, Business Analytics, Supply Chain Management, Accounting, and more, you’ll find what you need. While most programs here are 100 percent online, several have residency requirements. The online MBA programs vary in credits and time ranging from 30 to 60 credits and one to three years to complete. Lastly, admission for online MBAs usually includes work experience, average GPA of 3.0, and GMAT/GRE scores.

What are some different types of online MBA programs to be aware of?

There are many different online options out there, and more are added every year. As far as the big picture goes there are four types: 100-percent online, hybrid, accelerated, and executive. If you want 100-percent online, you’ve got the right list most of these 30 are. Fully online programs do not have any residency requirements. Among entirely online programs delivery can differ.

Asynchronous learning means no schedule lectures, classes, or due dates and obviously, provides the most flexibility. Synchronous learning features set log in times for projects, classes, or due dates. Some online programs are one or the other, while many are mixed. Hybrid programs vary considerably in what percentage of the online MBA is online vs. on campus. For example, many online MBA programs promoted as “online” have two or three residency requirements—usually an orientation and a few weekends a year. This is a huge advantage if it works for you.

In-person events allow you to network with professionals, talk with professors, and collaborate with classmates. These events give you an advantage in the job market and hone essential management skills. Accelerated online MBAs are not for the faint of heart. They move quickly, and learning is compressed into around one year. Executive online MBA’s are designed for mid- to senior-level management and usually features face-to-face requirements.

What are some jobs available with an online MBA?

An online Master of Business Administration degree is preparation for management. This broad focus opens up dozens of types of jobs. Since the program core includes finance, accounting, marketing, data analytics, and organizational leadership you have the knowledge and skills to manage just about anything anywhere. If you are already in a job and are earning your MBA to move into high-level positions, online MBA programs that offer concentrations are just what the doctor ordered.

Holding an MBA prepares you to land or be promoted to several different jobs: Accountant, Auditor, Brand Manager, CEO, Financial Analyst, Operations Manager, Information Security Analyst, IT Manager, Management Analyst, Marketing Analyst, Marketing Manager, Network Systems Analyst, Public Relations Manager, and Software Developer. Salaries for these positions range from $80,000 to $150,000 in general. Salaries are largely dependant on experience—something online MBAs provide as you continue working and gaining experience while connecting with professionals around the world. If you’re not looking for a new job, earning an MBA is worth it financially.

The nonprofit Graduate Management Admission Council’s (GMAC) annual survey of MBA grads report that 90 percent of alumni said their degree boosted their earning power. Ninety-five percent rated their education a good to outstanding value, and a whopping 93 percent would recommend their graduate business program to others.

Is earning an online MBA worth it financially?

The sad news about university education is the cost continues to rise. Given that reality, it may be surprising to say that earning an MBA makes financial sense. Online MBA programs are proliferating because they work. This is likely the case because online MBA programs allow you to continue working while earning a degree. Degrees often take one to three years to complete and usually feature concentrations. All that being said, here’s what the numbers say:

According to Forbes, at “Indiana University’s Kelley School of Business, for example, online graduates are reporting average salary increases of 29% over their pre-MBA pay. At UNC’s Kenan-Flagler Business School, 76% percent of online students have received promotions or started new jobs while in the program.” Now, given these numbers, is the ROI worth it? That answer depends on your current job and the potential increase in salary and the program cost. Program costs vary considerably.

Our top 30 ranges from $12,313 to $136,000. Scholarships also factor heavily into the equation. Many schools offer help, but professional organizations, community groups, and nonprofit agencies are great places to look too. Try the U.S. Department of Labor’s database to start.

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