Online MBA Programs

Both traditional universities and online business schools may offer working students the chance to earn an MBA degree online. Many of these schools may offer rolling admissions and interactive learning.

What is an Online Masters of Business Administration?

The online Masters of Business Administration is a professional practice business master’s degree. This program may be beneficial for working professionals looking for career advancement. It is usually designed by a school of business to meet the needs of on-the-go adults and professionals. Most often referred to by its initials, the MBA degree aims to teach students how to lead and manage. Many programs may teach business analytics, problem solving, and critical thinking. Graduates tend to have business savvy that spans finance, marketing and operations.

How Many Credits for an Online Masters of Business Administration?

Some online Masters of Business Administration programs may entail about 48 credits. This may include core credits and concentration course work. Yet, credit requirements may vary. Programs with fewer credits may be designed for students with managerial experience or a Bachelor of Business degree.

How Long Does it Take to Earn an MBA Degree Online?

Earning an MBA degree online could take about two years for a full-time MBA student in a traditional program. These are usually geared to students with a Bachelor’s degree in a non-business field. However, many online business schools may offer other formats. Students with a Bachelor’s degree in business may require fewer courses.

What Types of Online MBA Programs Are There?

There are several different types of MBA degrees online that you could earn and various ways to tailor a program of study. Online MBA No GMAT or GRE: Often the GMAT (Graduate Management Admissions Test) score has been a criterion of master of business administration programs. However, some business graduate schools may be opting to admit students without the GMAT or GRE. Instead, they may tend to use recommendation letters, undergraduate transcripts, internships and work history when considering candidates. Part-time MBA degree online programs are not only flexible. Some schools may allow students up to six years to complete their MBA requirements. One-Year MBA degree online programs are also called ‘Accelerated MBAs’. These more intensive programs are often designed for recent graduates and those with working experience. Online MBA students who have an undergraduate degree or minor in business may usually be able to complete the program in 12 months.

What is an Online Executive Masters of Business Administration?

An online Executive MBA program, or EMBA, is often for applicants who have a great deal of work experience as a manager or as a business leader. Often, an online EMBA program appeals to those who want to learn new practices in management or have higher career goals in the business world.
Steve Benson; MBA programs
Steve Benson Founder and CEO of Badger Maps

Expert Insight

We asked CEO of Badger Maps, Steve Benson, how earning an MBA helped him start his business: I think an MBA is a solid background for starting a business. An MBA is a broad degree and you need to be at least capable in most areas of business like finance, accounting, sales, marketing, and HR.

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MBA Programs

Why Earn an Online Masters in Business Administration?

A recognized professional credential, the MBA degree, whether earned online or in person, may be a valuable one. Earning an online Masters in Business Administration may develop systems thinking. And aside from quantitative analysis (finance, accounting, economics), students may fine tune leadership skills, make industry connections and prepare for Doctorate Business Administration (DBA) degrees. In addition to a practical business skill set, some students may be looking for a career boost. They might have an eye on middle management or wish to start their own venture. In the case of the EMBA, many of the students may have long since graduated. However, learning current theory that could be applied on the job may be incentive enough.
FACT: The BLS has reported that MBA graduates had a higher wage premium over workers with a Bachelors degree.

Format and Structure

Earning an MBA degree online may, above all, provide minimal disruption to an ongoing work life. Formats may vary though, so make sure to research what ‘online’ means at any future university. Some online MBA degree programs may be 100% web based with no group projects. Others may deliver all the courses online but may have an in person requirement for group projects. Asynchronous: Most often, courses may be pre recorded and students have access 24/7 to this online format. Assignments and readings must be handed in on time. However, students may have scheduling flexibility. Synchronous: In other schools, an online MBA program could mean participating in live lectures via your home computer. Online with residency: Brief residency or intensive workshops may allow students to meet instructors, network with peers, and take team performance class.

Online MBA Curriculum

In many cases these programs may have rolling enrollment. They may also require a minimum undergraduate GPA and a bachelor’s degree. Often, on-campus and online MBA degrees may have the same courses. Curricula may span all the functional areas of business, and strategy. Students may be exposed to principles and practices that are vital to modern management. Courses may vary by school but may include some of the following.

Accounting

In this course students may go over the uses of accounting information. The course may also cover financial statements and their underlying development.

Economics

This course often covers economic theories and how they are applied in business today. The class may also cover macroeconomics and microeconomics.

Data analysis

In this course, students may learn to look at data from different perspectives. The class aims to provide information on how to collect and interpret data through data analytics.

Financial reporting

In this course, students may go over how to read financial reports as well as how to present them. The course may also teach how to gather the data that goes into making these reports.

Leading and motivating teams

This course often focuses on the management aspect of business. It usually goes over different ways to get the most out of teams and how to find what drives different individuals.

Business ethics

In this course the class may learn how to best approach the legal side of business. This course may cover what is acceptable behavior and how to ensure it is happening.

Supply chain management

This class often covers how a product will get one from one point to the next. Starting with the creation of the product all the way to the customer’s hands. This course may also cover topics in international business.

Computer skills for business

This course often covers the technical aspects of data entry and how to use and implement the programs to provide better information. The students may have some hands on practice and an introduction to different types of software and information systems.

Marketing

This course may cover how companies use advertising and the different methods of it. The course may cover a history and spend time on current methods based on age and demographics of customers.

Personnel

This course often covers many human resource topics. Topics such as hiring and terminations as well as benefits and equal opportunity. In addition to these courses others may be included. Many times the school may require the completion of a capstone project in order to earn the degree.

Online MBA Concentrations

Aside from core courses, many MBA degree online schools may offer concentrations and electives. Students typically select an area of interest so they can develop a concentrated skill set. Some concentrations are listed below.
  • Business Administration (general)
  • Finance
  • Management
  • Business Systems and Analytics
  • Marketing

Online MS Degree vs. MBA

A Master of Science with a major in Management (MSM) program may be one alternative to an MBA degree. Often, it is a 36-hour graduate program. The objective is often to develop or enrich technical management skills. Courses are often designed around the theme of leading in private and public business settings.

The Value of an Accredited MBA Degree Online Program

Wondering if you might earn an MBA degree online from the top online MBA programs? Many of the online business schools and traditional universities with online MBA programs may be regionally or nationally accredited. Some of the best online MBA programs may also be accredited through the DEAC. The Distance Education Commission and six regional accrediting agencies are recognized by the Department of Education. This level of accreditation is a stamp of approval. It means Federal Financial Aid may be available, and that the institution meets a level of quality standards. On top of this, individual online MBA programs may be accredited by specialized accrediting agencies. In some cases the top online MBA programs may have these. These agencies look at the types of courses offered, relevance and other professional business standards. Three of these agencies are listed below.
  • Association to Advance Collegiate Schools of Business – AACSB international
  • Accreditation Council for Collegiate Business Schools and Programs – ACBSP
  • International Assembly for Collegiate Business Education –IACBE

Top Online MBA Programs by Graduate 2019

We ranked our top 25 colleges with MBA degree programs. Our methodologies use data from the NCES based on 2019 graduates from the programs.
School NameAcceptance Rate (%)Number of GraduatesPrograms OfferedFinancial Aid Information
Western Governors University1004278MBA in Information Technology, MS in Accounting, MBA in Healthcare Management, MS in Management and Leadership, MBA43% of students are awarded grants or scholarships on average of $5,369. 61% of students are awarded federal loans in the average amount of $5,899
University of Maryland Global Campus1002259MS in Accounting, MBA, MS in Management35% of students are awarded grants or scholarships on average of $4,663. 23% of students are awarded federal loans in the average amount of $7,260
Southern New Hampshire University882256MS in Accounting, MS in Finance, MBA, MS in Marketing71% of students are awarded grants or scholarships on average of $10,243. 65% of students are awarded federal loans in the average amount of $5,482
University of Phoenix-Arizona1001750MBA, Accounting, Human Resources, Marketing, Project Management, Business Management75% of students are awarded grants or scholarships on average of $5,697. 78% of students are awarded federal loans in the average amount of $7,274
Grand Canyon University771713MBA99% of students are awarded grants or scholarships on average of $9,333. 67% of students are awarded federal loans in the average amount of $5,587
Liberty University511446Accounting, Executive Leadership, Marketing92% of students are awarded grants or scholarships on average of $11,369. 56% of students are awarded federal loans in the average amount of $5,489
Webster University571385MBA, MA in Human Resources, Master of Public Administration, MS in Marketing, MA in Management and Leadership96% of students are awarded grants or scholarships on average of $20,162. 59% of students are awarded federal loans in the average amount of $5,499
University of Chicago61225MBA51% of students are awarded grants or scholarships on average of $43,836. 9% of students are awarded federal loans in the average amount of $5,188
Columbia University in the City of New York51221MBA53% of students are awarded grants or scholarships on average of $55,071. 8% of students are awarded federal loans in the average amount of $4,933
Columbia Southern University1001211MBA, MS in Organizational Leadership92% of students are awarded grants or scholarships on average of $3,552. 60% of students are awarded federal loans in the average amount of $6,007
Ashford University1001207MBA, MA in Organizational Management, Master of Human Resource Management84% of students are awarded grants or scholarships on average of $4,701. 68% of students are awarded federal loans in the average amount of $6,717
Harvard University51165MBA57% of students are awarded grants or scholarships on average of $55,455. 2% of students are awarded federal loans in the average amount of $5,099
Louisiana State University-Shreveport841126MBA93% of students are awarded grants or scholarships on average of $9,539. 25% of students are awarded federal loans in the average amount of $4,782
New York University161042MBA46% of students are awarded grants or scholarships on average of $33,694. 29% of students are awarded federal loans in the average amount of $5,180
DeVry University-Illinois961031MBA, Accounting, Project Management97% of students are awarded grants or scholarships on average of $5,829. 93% of students are awarded federal loans in the average amount of $7,649
Duke University8960Masters in Economics, Masters in Statistics49% of students are awarded grants or scholarships on average of $50,719. 19% of students are awarded federal loans in the average amount of $3,683
University of North Carolina at Chapel Hill23913MBA, Masters in Accounting44% of students are awarded grants or scholarships on average of $16,394. 25% of students are awarded federal loans in the average amount of $4,312
Colorado Technical University-Colorado Springs100855MBA, Masters in Management89% of students are awarded grants or scholarships on average of $6,047. 75% of students are awarded federal loans in the average amount of $6,717
University of California-Los Angeles12829MBA, Masters in Finance51% of students are awarded grants or scholarships on average of $16,595. 27% of students are awarded federal loans in the average amount of $4,611
Strayer University-Global Region100828MBA, MS in Accounting, MS in Management71% of students are awarded grants or scholarships on average of $4,691. 57% of students are awarded federal loans in the average amount of $8,633

Find 305 Online MBA Graduate Programs

  • Some of the nation’s most affordable tuition rates, from a private, nonprofit, NEASC accredited university
  • Qualified students with 2.5 GPA and up may receive up to $20K in grants & scholarships
  • Multiple term start dates throughout the year. 24/7 online classroom access
  • Eligible new or returning students can save $3,000 on tuition with the Master’s Scholarship.
  • Strayer University is an accredited institution with a proud history of 125 years in quality education.
  • With the help of dedicated personal support and AI technology, earn your degree online or on campus.
  • Purdue University Global

  • Northcentral University

  • Grand Canyon University

  • Colorado State University Global

  • Southern New Hampshire University

  • Saint Leo University

  • University of New Haven

  • Rivier University

  • Alvernia University

  • Methodist University

  • Winthrop University

  • Saint Mary's University of Minnesota