Best Online MBA Programs

Thomas BroderickNalea KoACO Rankings Team
By
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Updated on November 6, 2023
Edited by
The best online MBA programs prepare you for management-level positions and high-paying roles in business, finance, and even healthcare.

Want to improve your career prospects and salary potential in the business world? Then consider applying to online MBA programs. Top MBA programs let you specialize in key business topics like finance, marketing, and management.

Full-time students can earn an MBA degree online in two years, while part-time students take around three years. No matter which option you choose, you’ll graduate with the skills needed for a successful career in business.

We ranked the best online MBA programs using criteria like tuition rates, coursework, support services, and student outcomes.

Why You Should Earn Your MBA Degree Online

  • check-circle Some employers require candidates for leadership and executive roles to have an MBA.
  • check-circle Asynchronous online MBA classes let you complete coursework on your own time.
  • check-circle Out-of-state public universities may offer in-state tuition rates if you enroll in a 100% online program.
  • check-circle The best online MBA programs feature the same student services as on-campus programs, including resume support and career services.
  • check-circle Online education makes it easier to network with peers living around the U.S. — or even around the world.
  • check-circle You can enroll in an out-of-state school without spending money on relocating.

Featured Online MBA Programs

Find a program that meets your affordability, flexibility, and education needs through an accredited, online school.

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Top 20 Online MBA Programs

The school and/or program descriptions below were drafted using natural language generation technology and have been edited for clarity and accuracy. The data is primarily sourced from government databases such as IPEDS – see sources section for more details.

All rankings and school descriptions on this page were created and reviewed independently by the ACO Rankings Team.

We use trusted sources like Peterson's Data and the National Center for Education Statistics to inform the data for these schools.
from our partners appear among these rankings and are indicated as such.
#1

Liberty University

  • Lynchburg, VA
  • 4 year
  • Campus + Online
  • Accredited

Learners attending Liberty University can earn an online MBA in strategic management. Located in Lynchburg, Virginia, the private institution enrolls 86,390 students in its online programs. Learners can choose online learning to access flexible scheduling options that make earning a degree easier.

The MBA curriculum emphasizes career skills and field-specific knowledge. Graduate students can receive career and curriculum advice from faculty mentors. Learners in the flexible online program gain specialized knowledge relevant to the business field. MBA graduates can apply for advanced positions in the field. The institution offers career services to help master's students efficiently transition from their master's studies into the workforce.

The school delivers support services including career advising and financial aid counseling. Affordable tuition rates and institutional funding make pursuing graduate studies easier for many learners. Additional financial aid options to help enrollees fund their master's studies include private scholarships and fellowships. Online master's programs at the school cost an average of $750 per credit.

93%

Online Enrollment

$7,935

Avg. Grad Tuition, In-State

81%

Retention Rate

$7,935

Avg. Grad Tuition, Out-of-State
Acceptance Rate
50%
Students Enrolled
93,349
Institution Type
Private
#2

The University of Texas Rio Grande Valley

  • Edinburg, TX
  • 4 year
  • Campus + Online
  • Accredited

Among The University of Texas Rio Grande Valley's online offerings is a master of business administration. The public institution enrolls 31,620 distance students. Busy learners balancing academics with personal obligations often benefit from online programs' flexible scheduling options.

The program requires foundational classes fostering transferable skills. Learners also complete advanced business administration courses. Faculty mentors help graduate students customize the program based on their professional goals. While pursuing the master's degree, online learners develop field-specific skills and knowledge. Graduates often secure high-paying leadership roles in business administration. The institution offers career services to help students and alumni succeed in the workforce.

The school delivers support services including financial aid counseling. Online learners pay affordable tuition rates and often qualify for scholarships and fellowships.

97%

Online Enrollment

$ 6,458

Avg. Grad Tuition, In-State

81%

Retention Rate

$13,820

Avg. Grad Tuition, Out-of-State
Acceptance Rate
82%
Students Enrolled
32,441
Institution Type
Public
#3

University of Minnesota-Twin Cities

  • Minneapolis, MN
  • 4 year
  • Campus + Online
  • Accredited

University of Minnesota-Twin Cities offers a variety of top-ranked graduate programs, including an online master of business administration program. The public institution enrolls 42,938 online students. Degree-seekers often benefit from online learning's flexibility, which lets them complete academic requirements around their schedule.

The MBA program requires foundational classes fostering transferable skills, along with advanced business administration courses. Specialized electives allow master's students to customize the program based on their goals and interests. The online MBA program prioritizes flexibility and career preparation. Graduates often land competitive roles in the business field. Master's students can benefit from the institution's career services as they prepare to enter the workforce.

Master's-level learners can access support services such as career advising and financial aid counseling. The school supports online learners through affordable tuition rates and institutional funding. Learners can also fund their studies through scholarships and fellowships.

83%

Online Enrollment

$17,580

Avg. Grad Tuition, In-State

93%

Retention Rate

$27,204

Avg. Grad Tuition, Out-of-State
Acceptance Rate
70%
Students Enrolled
52,017
Institution Type
Public
#4

University of Maryland-College Park

  • College Park, MD
  • 4 year
  • Campus + Online
  • Accredited

Among the University of Maryland-College Park's online offerings is a master of business administration. While many of the institution's students pursue their degree on campus, 37,981 enrollees attend online classes. Busy learners balancing work and school can benefit from online programs' scheduling flexibility.

The rigorous curriculum helps degree-seekers develop foundational knowledge in the field. Students can customize the curriculum by choosing electives. Learners complete a flexible curriculum and develop industry-specific skills. Graduates often secure high-paying leadership roles in business administration. Learners work closely with career services advisors to transition from the program into the workforce.

The school's master's students can access support services including financial aid counseling. Affordable tuition rates and institutional funding make pursuing graduate studies easier for many learners. Additional financial aid options include private scholarships and fellowships.

93%

Online Enrollment

$13,158

Avg. Grad Tuition, In-State

95%

Retention Rate

$29,250

Avg. Grad Tuition, Out-of-State
Acceptance Rate
51%
Students Enrolled
40,709
Institution Type
Public
#5

California State University, San Bernardino

  • San Bernardino, CA
  • 4 year
  • Campus + Online
  • Accredited

Distance learners can pursue high-quality online graduate programs from California State University, San Bernardino. The school's academic offerings include an online master of business administration. Busy students balancing academics with personal obligations often benefit from online programs' flexible scheduling and enrollment options.

Learners gain transferable skills and prepare for positions in the field during core coursework and advanced business classes. Students who plan to pursue specialized careers can complete practical learning experiences aligning with their professional goals. Full-time master's degree-seekers typically graduate in 1-2 years. Prospective applicants can contact an admissions advisor for application deadlines and requirements.

The school's affordable tuition rates make graduate studies more accessible. Graduate tuition rates at the institution average $7,176 for in-state students and $16,680 for out-of-state learners. Enrollees with financial need can apply for federal aid, including grants and loans. Of the school's students, 89% receive financial aid.

100%

Online Enrollment

$ 7,176

Avg. Grad Tuition, In-State

85%

Retention Rate

$16,680

Avg. Grad Tuition, Out-of-State
Acceptance Rate
78%
Students Enrolled
19,689
Institution Type
Public
#6

University of Utah

  • Salt Lake City, UT
  • 4 year
  • Campus + Online
  • Accredited

Degree-seekers can enroll in the University of Utah's graduate programs online or on campus in Salt Lake City. The school's flexible online MBA program helps students earn an affordable business degree.

The program features core classes that help learners develop foundational knowledge in the field. The program also features advanced business administration courses and electives, which let degree-seekers customize the program. Faculty members provide mentorship, and students can participate in experiential learning activities.

MBA graduates often pursue leadership roles in the field. Graduate students and alumni can receive advising from faculty advisors and career counselors.

The institution holds accreditation, which means degree-seekers can submit the FAFSA and determine whether they qualify for federal financial aid. Distance learners pursuing a master's degree can apply for funding options including scholarships and fellowships. Of the school's enrollees, 87% obtain financial aid.

90%

Online Enrollment

$ 6,666

Avg. Grad Tuition, In-State

89%

Retention Rate

$23,537

Avg. Grad Tuition, Out-of-State
Acceptance Rate
79%
Students Enrolled
33,081
Institution Type
Public
#7

William & Mary

  • Williamsburg, VA
  • 4 year
  • Campus + Online
  • Accredited

William & Mary delivers respected, accessible online graduate programs for distance learners. The public institution offers eight online programs, along with in-person programs at its campus in Williamsburg, Virginia. The school's master's programs include a respected online MBA program. Busy students balancing academics with personal obligations often benefit from online programs' flexible scheduling and enrollment options.

In addition to fulfilling core requirements, master's-level learners gain specialized knowledge during advanced business administration classes. Students can select electives and pursue practical learning experiences to prepare for careers in specific areas of business. Master's degree-seekers usually earn their degree in business administration after 1-2 years of full-time study. Prospective learners can contact the institution for details about application deadlines and requirements.

The school charges online learners affordable tuition rates. In-state graduate students pay an average tuition of $10,516, and out-of-state students pay an average of $28,305. The institution holds accreditation, which means enrollees can qualify for federal grants, scholarships, and loans. A total of 54% of students receive financial aid.

94%

Online Enrollment

$10,516

Avg. Grad Tuition, In-State

93%

Retention Rate

$28,305

Avg. Grad Tuition, Out-of-State
Acceptance Rate
42%
Students Enrolled
8,939
Institution Type
Public
#8

University of Arizona

  • Tucson, AZ
  • 4 year
  • Campus + Online
  • Accredited

The University of Arizona educates online graduate degree-seekers from its campus in Tucson. The public institution's offerings include an online MBA program, which distance learners throughout the country can access.

The online program features core classes, along with advanced courses in the field. Learners can select electives to customize the program to their interests. In addition to classroom learning, students can access faculty mentorship and practical learning experiences.

MBA graduates often qualify for raises and promotions. Graduate students and alumni can receive professional assistance and resources from the institution's career counselors.

The school's average cost per credit is $1,050 for online master's programs. Degree-seekers at the accredited institution can qualify for federal financial aid. Distance learners may also use scholarships, fellowships, and employer-sponsored tuition plans to cover educational costs. The school reports that 95% of students receive financial aid.

56%

Online Enrollment

$11,938

Avg. Grad Tuition, In-State

85%

Retention Rate

$32,065

Avg. Grad Tuition, Out-of-State
Acceptance Rate
85%
Students Enrolled
45,601
Institution Type
Public
#9

Louisiana State University and Agricultural & Mechanical College

  • Baton Rouge, LA
  • 4 year
  • Campus + Online
  • Accredited

Louisiana State University and Agricultural & Mechanical College offers a variety of top-ranked graduate programs, including an online master of business administration program. In addition to on-campus students, 29,021 distance learners enroll at the public institution. Many online programs feature flexible scheduling options that benefit working professionals.

Degree-seekers pursuing the online MBA develop transferable skills and gain field-specific knowledge. Students can customize the curriculum based on their interests and professional goals. The online program prioritizes flexible scheduling and career-specific training. After earning the master's degree, graduates often secure advanced roles in business. The institution offers career services to help students and alumni succeed in the workforce.

The school delivers career advising and financial aid counseling to help graduate learners plan their academic and professional futures. The school charges online learners affordable tuition rates, and students often apply for scholarships and fellowships to reduce out-of-pocket expenses.

85%

Online Enrollment

$9,132

Avg. Grad Tuition, In-State

86%

Retention Rate

$9,132

Avg. Grad Tuition, Out-of-State
Acceptance Rate
73%
Students Enrolled
34,285
Institution Type
Public
#10

Appalachian State University

  • Boone, NC
  • 4 year
  • Campus + Online
  • Accredited

Appalachian State University delivers respected, accessible online graduate programs for distance learners. In addition to on-campus options in Boone, North Carolina, students at the public institution can pursue 30 online programs. Among the school's master's programs is an online master of business administration that offers flexibility for students balancing academics with personal or professional obligations.

Along with core classes, enrollees complete advanced business administration coursework. Degree-seekers gain specialized knowledge during elective classes, and they apply theoretical concepts during experiential learning opportunities. Enrollees typically graduate with their MBA in 1-2 years. An admissions advisor can provide specific application details, including requirements and deadlines.

The school's affordable tuition rates make it easier for learners to pursue graduate degrees. North Carolina residents pay an average graduate tuition rate of $4,839. The school holds accreditation, which means enrollees can submit the FAFSA to qualify for federal grants and loans. A total of 68% of students receive financial aid.

95%

Online Enrollment

$ 4,839

Avg. Grad Tuition, In-State

86%

Retention Rate

$18,271

Avg. Grad Tuition, Out-of-State
Acceptance Rate
80%
Students Enrolled
20,023
Institution Type
Public
#11

California State University, Stanislaus

  • Turlock, CA
  • 4 year
  • Campus + Online
  • Accredited

A great option for distance learners, California State University, Stanislaus offers an online master of business administration program. The accredited MBA curriculum provides a rigorous education valued by employers. The program's advanced training prepares students for the workplace.

The institution enrolls 900 students in its online courses. The university maintains a student-to-faculty ratio of 22-to-1, giving students individual attention from faculty.

The program's website provides information about support services and student organizations. Distance learners pay affordable tuition rates and often receive financial aid. Combined, this makes the school an affordable option for learners who want to pursue graduate education. Learners can expect a 57% graduation rate at the school.

California State University, Stanislaus Numbers:

Total Online Enrollment: 11,126

Graduate Tuition: $7,176/year in-state, $16,680/year out-of-state

Average Amount of Aid Awarded: $10,075

Average Net Price: $7,418

California State University, Stanislaus has been accredited by the Western Association of Schools and Colleges Senior Colleges and University Commission.

100%

Online Enrollment

$ 7,176

Avg. Grad Tuition, In-State

87%

Retention Rate

$16,680

Avg. Grad Tuition, Out-of-State
Acceptance Rate
89%
Students Enrolled
11,163
Institution Type
Public
#12

George Mason University

  • Fairfax, VA
  • 4 year
  • Campus + Online
  • Accredited

George Mason University educates online graduate degree-seekers from its campus in Fairfax, Virginia. The public institution's offerings include online master's programs for distance learners throughout the country. The school's flexible online master of business administration program helps students earn an affordable business degree.

Enrollees complete core coursework and choose electives based on their career goals. Faculty mentorship and experiential learning opportunities allow graduate students to customize their learning outcomes.

A master of business administration often leads to advanced positions and raises for current professionals in the field. The institution's career counselors help master's students prepare to secure professional roles after graduation.

Online learners at the school can pay an average of $862 per credit for master's programs. Degree-seekers with financial need can apply for federal aid, including grants and loans. Scholarships, fellowships, and employer-sponsored tuition reimbursement programs can help distance learners fund their master's studies. Of the school's graduate students, 75% receive some type of financial aid.

96%

Online Enrollment

$12,594

Avg. Grad Tuition, In-State

86%

Retention Rate

$33,906

Avg. Grad Tuition, Out-of-State
Acceptance Rate
89%
Students Enrolled
38,541
Institution Type
Public
#13

California State University, Bakersfield

  • Bakersfield, CA
  • 4 year
  • Campus + Online
  • Accredited

California State University, Bakersfield offers two accessible, affordable online master's programs. While attending the school, graduate degree-seekers can pursue an online master of business administration program with flexible enrollment options.

Core classes help learners develop transferable skills and prepare for advanced business coursework. Master's students gain specialized knowledge during elective classes and practical experience while completing internships. Full-time degree-seekers usually earn their MBA in 1-2 years. Admissions advisors provide prospective learners with program-specific application details.

The school charges online learners affordable tuition rates. California residents pay an average graduate tuition rate of $7,176 at the institution, and out-of-state students pay an average of $16,680. The institution holds accreditation, which means enrollees can submit the FAFSA to receive federal grants and loans. According to the school, 91% of students fund their education through financial aid.

100%

Online Enrollment

$ 7,176

Avg. Grad Tuition, In-State

83%

Retention Rate

$16,680

Avg. Grad Tuition, Out-of-State
Acceptance Rate
78%
Students Enrolled
11,745
Institution Type
Public
#14

Hallmark University

  • San Antonio, TX
  • 4 year
  • Campus + Online
  • Accredited

Learners in any location can earn respected graduate degrees from Hallmark University in an online format. Students can pursue 11 online programs from the private institution, along with in-person academic offerings in San Antonio, Texas. The school's available online programs include a master of business administration featuring flexible enrollment options.

Learners gain foundational knowledge during core classes and complete advanced business administration coursework to develop specialized skills. Students prepare for niche careers and gain theoretical and practical knowledge during experiential learning opportunities. While most master's degree-seekers graduate in 1-2 years, part-time learners may take longer. For details about application deadlines and requirements, prospective applicants can contact an admissions advisor.

Enrollees at the accredited institution can qualify for federal financial aid programs. At the school, 71% of students obtain financial aid.

77%

Online Enrollment

N/A

Avg. Grad Tuition, In-State

71%

Retention Rate

N/A

Avg. Grad Tuition, Out-of-State
Acceptance Rate
41%
Students Enrolled
987
Institution Type
Private
#15

Temple University

  • Philadelphia, PA
  • 4 year
  • Campus + Online
  • Accredited

Degree-seekers can enroll in Temple University's graduate programs online or on campus in Philadelphia, Pennsylvania. The public institution's offerings include online master's degrees learners can pursue from any location. The school's graduate options include a flexible and affordable online MBA program.

Master's students begin the online program by completing core courses that explore important business administration principles. After completing core coursework, degree-seekers take advanced courses covering in-depth business administration topics. Master's students can take advantage of faculty mentorship and hands-on learning opportunities.

After completing the business administration program, master's degree-holders can apply to leadership roles, which often pay higher salaries. The institution's career counselors help master's students identify career opportunities and develop professional plans.

The institution holds accreditation, which means degree-seekers with financial need can qualify for federal grants and loans. Learners can reduce the cost of earning a master's degree by applying for grants, fellowships, and employer-sponsored tuition plans. According to the school, 91% of students receive financial aid.

92%

Online Enrollment

$16,956

Avg. Grad Tuition, In-State

87%

Retention Rate

$23,346

Avg. Grad Tuition, Out-of-State
Acceptance Rate
71%
Students Enrolled
37,236
Institution Type
Public
#16

University of Cincinnati

  • Cincinnati, OH
  • 4 year
  • Campus + Online
  • Accredited

The University of Cincinnati's academic offerings include respected, accessible online graduate programs. The public institution's 96 online programs include 28 master's-level options. Graduate degree-seekers can enroll in the online master of business administration program. Busy students often benefit from the program's flexible enrollment options, which let learners complete academic requirements around their schedule.

The master's program features core and advanced business administration courses. Electives and experiential learning opportunities allow students to prepare for niche careers in the business field. Master's degree-seekers typically graduate with their MBA in 1-2 years. An admissions advisor can provide specific application details, including requirements and deadlines.

Online degree-seekers benefit from the school's affordable tuition rates and can apply for institutional funding. Graduate students pay an average in-state tuition of $13,224 and an average out-of-state tuition of $24,966. Learners with financial need can apply for federal aid, including grants and loans. Of the school's enrollees, 93% obtain financial aid.

90%

Online Enrollment

$13,224

Avg. Grad Tuition, In-State

88%

Retention Rate

$24,966

Avg. Grad Tuition, Out-of-State
Acceptance Rate
76%
Students Enrolled
40,826
Institution Type
Public
#17

University of North Carolina Wilmington

  • Wilmington, NC
  • 4 year
  • Campus + Online
  • Accredited

The University of North Carolina Wilmington educates graduate degree-seekers online and in person. The public institution's offerings include online master's programs, such as the master of business administration. Students can pursue the flexible MBA from any location.

During the first year, students take core classes to gain foundational business administration knowledge. After completing core coursework, degree-seekers enroll in advanced classes covering in-depth business topics. Graduate students can pursue internships and faculty mentorships to prepare for the workforce and bolster their resume.

MBA graduates often qualify for leadership positions. The institution's career counselors help master's students prepare to secure professional roles after graduation.

The institution holds accreditation, which means degree-seekers can receive federal grants and loans. Learners can reduce the cost of earning a master's degree by applying for fellowships and employer-sponsored tuition plans. At the school, 72% of students obtain financial aid.

95%

Online Enrollment

$ 4,719

Avg. Grad Tuition, In-State

84%

Retention Rate

$18,548

Avg. Grad Tuition, Out-of-State
Acceptance Rate
68%
Students Enrolled
17,915
Institution Type
Public
#18

California State University, Chico

  • Chico, CA
  • 4 year
  • Campus + Online
  • Accredited

California State University, Chico educates graduate degree-seekers through in-person programs and flexible online options. The public institution delivers online master's programs including a master of business administration. The program offers affordable tuition rates and lets students work while earning their degree.

During the first year, master's students take core classes. The curriculum also features advanced business administration coursework and elective options. Master's students can prepare for careers in the field through faculty mentorship and experiential learning opportunities.

MBA graduates often qualify for raises and promotions. Faculty advisors and career counselors work closely with master's students and alumni to identify career growth opportunities and job placements.

Degree-seekers at the accredited institution often qualify for federal financial aid programs. Learners can apply for grants and fellowships, along with tuition reimbursement programs through their employer. The school reports that 74% of students receive financial aid.

100%

Online Enrollment

$ 7,176

Avg. Grad Tuition, In-State

83%

Retention Rate

$16,680

Avg. Grad Tuition, Out-of-State
Acceptance Rate
90%
Students Enrolled
16,746
Institution Type
Public
#19

California State University, Monterey Bay

  • Seaside, CA
  • 4 year
  • Campus + Online
  • Accredited

California State University, Monterey Bay delivers high-quality online programs for distance learners. The public institution's academic offerings include two online master's programs, including an online MBA. Busy students balancing academics with personal obligations often benefit from the online programs' flexible scheduling and enrollment options.

Along with core classes, the master's program requires advanced business administration coursework. Degree-seekers can participate in experiential learning opportunities to apply skills and knowledge from program coursework. Full-time enrollees typically graduate in 1-2 years. For specific application details, including requirements and deadlines, prospective learners can review information on the institution's website.

Students pursuing online graduate programs benefit from the school's affordable tuition rates. The institution's graduate tuition rates average $7,176 for in-state students and $16,680 for out-of-state learners. Enrollees at the accredited institution can qualify for federal financial aid programs. Of the school's students, 81% receive financial aid.

100%

Online Enrollment

$ 7,176

Avg. Grad Tuition, In-State

81%

Retention Rate

$16,680

Avg. Grad Tuition, Out-of-State
Acceptance Rate
86%
Students Enrolled
7,409
Institution Type
Public
#20

Mississippi College

  • Clinton, MS
  • 4 year
  • Campus + Online
  • Accredited

Mississippi College provides online options for graduate-level learners interested in pursuing degrees remotely. Located in Clinton, the private institution's 41 online programs include 23 master's-level options. One option includes a master of business administration that lets students complete academic requirements around their schedule.

Learners develop transferable skills through core coursework and specialize during advanced business administration classes. Students gain theoretical and practical knowledge while completing experiential learning opportunities and elective classes. Degree-seekers typically earn their MBA in 1-2 years. Prospective learners can contact the institution for specific application details.

The school charges online learners affordable tuition rates, making graduate studies more accessible. Both in-state and out-of-state graduate students at the institution pay an average tuition rate of $11,610. Enrollees with financial need can fund their education through federal grants and loans. According to the school, 100% of students receive financial aid.

42%

Online Enrollment

$11,610

Avg. Grad Tuition, In-State

80%

Retention Rate

$11,610

Avg. Grad Tuition, Out-of-State
Acceptance Rate
29%
Students Enrolled
4,667
Institution Type
Private

Application Requirements for an Online MBA

Price Check

The average cost of an MBA is around $30,000 in tuition and fees, according to 2016 data from the National Center for Education Statistics (NCES).

Importance of Accreditation for Online MBA Programs

The best online MBA programs hold both institutional and programmatic accreditation.

You can check a school’s accreditation status by using the directories on the Council for Higher Education Accreditation website or the Department of Education website.

Top MBA programs should hold programmatic accreditation from one or more recognized business program accreditors:

Programs with AACSB, ACBSP, or IACBE accreditation offer many benefits, including a rigorous curriculum and high-quality student services. These programs also do the most to help you land a job.

What You’ll Study in an Online MBA Program

In an online MBA program, you’ll learn business and accounting basics. You’ll study topics like business strategy, operations management, entrepreneurship, business law, and microeconomics.

Online MBA programs require 36-48 credits across a mix of core and elective courses. You’ll also likely need to complete a capstone or thesis project.

Some programs give you the opportunity to do an in-person internship at a local business.

Most online MBA programs let you tailor your coursework to a specific concentration, such as finance or human resources.

Common MBA Concentrations

MBA concentrations give students specialized training in specific areas of business and can lead to a salary boost. You can complete an MBA in healthcare administration, entrepreneurship, finance, supply chain management, or hospitality management, among other specialties explored here.

Accounting

An accounting concentration can prepare you to understand accounting data and concepts to make informed business decisions, regardless of the specific sector you work in. Possible coursework may teach you about cost analysis, regulatory issues, taxes, and financial statement analysis. Potential career outcomes for graduates include positions as management analysts or financial managers.

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Entrepreneurship

After college, you can start your own business or work as a consultant with the tools and knowledge gained in an MBA in entrepreneurship. You’ll learn about building a new venture, including branding, marketing, and day-to-day operations. Employers hire these graduates to fill positions as chief strategy officers, business consultants, and nonprofit fundraisers.

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Finance

From portfolio management to financial markets and institutions, an MBA with a finance concentration covers all aspects of advanced financial management. The topics surveyed in this course may include international financial markets, corporate risk and insurance management, and financial statement analysis. The best online MBAs can prepare you for financial analyst, finance manager, or investment banker roles.

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Healthcare Administration

Through an MBA in healthcare administration, you can get an advanced perspective of the operational side of a medical facility. Common courses include healthcare law, managerial accounting, and healthcare analytics. This concentration can prepare you to seek a leadership position in the medical field. Graduates can pursue jobs as healthcare information managers, hospital administrators, or patient administrators.

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Hospitality Management

With a concentration in hospitality management, you can learn to apply business concepts to careers in event planning and airline and cruise management or at hotels, resorts, and travel agencies. Concentration courses teach you about event leadership and planning, corporate law and ethics, strategic event management, and quality service operations analysis.

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Human Resources

Earning an MBA with a concentration in human resources (HR) puts executive and management HR positions within your reach. The concentration often emphasizes staffing and employment law with coursework in workforce planning and development, compensation and benefits, employee relations, and organizational behavior and policy. As a human resources manager, you can work for the government and healthcare, manufacturing, or management companies.

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Information Systems

When you earn an MBA with a specialty in information systems, you can chase a career as a computer and information systems manager or database administrator. To prepare for these careers, you’ll study database management systems, information systems principles, and computer applications for business.

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Information Technology

Through a concentration in information technology, you can study topics such as big data analytics and data mining for business. Professionals like computer and information systems managers commonly hold MBAs. These professionals work in computer systems design, information, finance, and manufacturing.

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International Business

If you want to work globally in business, consider an MBA in international business. The concentration incorporates international communication, strategy, marketing, and financial policy courses that provide the education necessary to work in global business. To gain a greater cultural perspective of the global economy, international business students in the best online MBA programs may study abroad.

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Marketing

An MBA in marketing provides insights into consumer behavior, advertising and promotional strategies, and marketing research. The coursework merges business managerial responsibilities with marketing concepts to give you the skills to launch, analyze, and measure marketing campaigns. You can pursue roles like product marketing manager, brand manager, and market research director.

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Project Management

Companies across various sectors need project managers to keep departments on task and see projects through the entire business systems life cycle. An MBA in project management teaches you about cost estimation, quality control, and risk management. Project managers primarily work in professional, scientific, and technical services, but also in construction, manufacturing, and finance.

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Supply Chain Management

To pursue a career as a logistician, consider an MBA in supply chain management. The courses teach you about sourcing, procurement, and management, as well as demand and supply planning and operations and logistics. Logisticians work in manufacturing, federal government, and wholesale trade. You can pursue positions like purchasing manager, supply chain manager, and operations manager.

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How Much Does an Online MBA Cost?

The average MBA program charges $17,500 in annual tuition and fees, according to 2016 NCES data. Many factors affect the cost of online MBA programs, such as whether you qualify for in-state tuition.

You can lower your out-of-pocket expenses in several ways, including by applying for federal financial aid. You must submit the FAFSA each year if you want to qualify for federal grants and low-interest loans. Your school’s financial aid office can help you fill out this form accurately.

Other aid includes scholarships for MBA students.

Jobs for MBA Graduates

The jobs available for MBA graduates depend on a person’s individual concentration. For example, you may want to research programs with finance concentrations if you hope to become a finance manager.

An MBA can also help you advance your career if your employer restricts management-level positions to employees with advanced degrees. Many MBA job hubs exist to help you find a first job or start a new career. You can use these to research the latest postings for popular MBA jobs like those in the table below.

MBA Jobs and Salaries
JOBMEDIAN ANNUAL SALARY (MAY 2022)JOB GROWTH RATE (2022-2032)MINIMUM EDUCATION REQUIRED
Financial Managers$139,79016%Bachelor’s
Human Resources Managers$130,0005%Bachelor’s
Top Executives$100,0903%Bachelor’s
Financial Analysts$96,2208%Bachelor’s
Project Management Specialists$95,3706%Bachelor’s
Personal Financial Advisors$95,39013%Bachelor’s
Management Analysts$95,29010%Bachelor’s
Financial Examiners$82,21020%Bachelor’s
Budget Analysts$82,2603%Bachelor’s
Accountants and Auditors$78,0004%Bachelor’s
Source: Bureau of Labor Statistics

Frequently Asked Questions About Online MBA Programs

How long does it take to earn an MBA?

On-campus and online MBA programs usually take full-time students about two years to finish. If you opt for an accelerated MBA, you may finish in as few as 1.5 years. Part-time students, on the other hand, typically take 3-3.5 years to earn their MBA.

Is an online MBA respected?

Employers regard accredited online MBA programs as equal to on-campus programs. Advances in online education mean the best online MBAs offer a rigorous curriculum that aligns well with employers’ needs. Note, however, that employers will still likely consider your university’s overall reputation when considering the reputability of your MBA.

Can you get a good job with an online MBA?

Yes. High-paying MBA roles include computer and information systems manager, financial advisor, and operations research analyst. These and other careers feature high median salaries, according to the Bureau of Labor Statistics (BLS).

Use your career aspirations to guide your research of online MBA programs. You may need to concentrate in a specific area to qualify for your ideal job.

How much do MBA graduates make?

MBA graduates can earn vastly different salaries depending on their years of experience, location, employer, and position. Degree-holders in leadership and management roles may earn over six figures.

According to the BLS, the median income for all business and financial occupations was $76,850 as of May 2022 — that’s around $30,000 more than the median salary for all jobs in the U.S.

Will your online MBA result in a higher salary?

Many schools report that some or most students earn more money after getting their MBA. That said, many factors can affect your earning potential, including your location, your MBA concentration, and prior work experience.

Your school’s career center can keep you up to date with changing economic trends and BLS job growth projections. The center can also help you improve your resume and interviewing skills.

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