Top Online MBA Programs 2021

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An online MBA degree prepares learners for careers in management, finance, accounting, and other business fields. For those already working in a business role, an online MBA program offers maximum flexibility. A master’s in business administration degree provides graduates with a significant credential and increased marketability.

Admission requirements for online MBA programs vary, but typically include college transcripts, a personal statement, and GMAT or GRE scores. Some programs require an interview with a selection committee. Non-business bachelor’s degree-holders may need to complete prerequisites before admission.

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Job prospects for MBA graduates continue to grow faster than average, according to the Bureau of Labor Statistics (BLS). The BLS projects a 5% growth in business-related fields between 2019-2029. Depending on the sector, degree-holders may earn $50,000-$150,000 annually.

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Top 10 Online MBA Programs

FAQ


  • What is an MBA good for?

    Master’s in business administration degrees appeal most to those looking for career advancement. The degree increases a professional’s earning potential and job prospects.


  • How many years does it take to get an MBA degree?

    Students typically complete an online MBA degree in two years. Some schools offer accelerated programs taking as little as one year to complete.


  • Can you earn an MBA completely online?

    Many schools offer online MBA degrees. These programs provide greater flexibility for working professionals.


  • Is an MBA difficult?

    Like other graduate programs, an MBA requires commitment and effort. A foundational knowledge of statistics and economics can help learners make the most of their program.


Top Online MBA Programs 2021



  1. University of Florida
    Location

    Gainesville, FL

    Tuition

    $$$$$

    Located in Gainesville, UF offers an online master of business administration with one on-campus program orientation. The flexible program takes just 24 months to complete. Students with a business undergraduate degree can choose a 16-month accelerated track.

    The 48-credit traditional curriculum includes courses such as the economics of business decisions, entrepreneurship and venture finance, and legal aspects of technology management. Students also take a three-credit experiential learning course. Potential experiences could include a business simulation, consulting project, or global immersion experience.

    The program requires at least two years of work experience for eligibility. Accelerated track applicants also need an undergraduate business degree completed within the past seven years. Students must send a resume detailing work experience, two recommendation letters, and a personal essay to begin the application. 

    UF is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  2. Florida International University
    Location

    Miami, FL

    Tuition

    $$$$$

    Based in Miami, FIU offers an online professional master of business administration. Students can choose from eight specializations, including international business, real estate, business data analytics, and strategic negotiations. Students can also select from three different tracks for program pacing, with the fastest track offering program completion in as few as 18 months.

    Students take 42 credits along with three professional development seminars. Courses include accounting for managers, marketing management in the global environment, and organizational behavior. Students take three professional development seminars during the first eight-week term, including presentation skills, business career management, and work preference indicator assessment.

    Applicants with two years of work experience, an undergraduate business degree with a 3.25 minimum GPA, or a general undergraduate GPA of 3.35 do not need to submit GMAT or GRE scores.

    FIU is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  3. University of North Carolina at Chapel Hill
    Location

    Chapel Hill, NC

    Tuition

    $$$$$

    Based in Chapel Hill, UNC-Chapel Hill's Kenan-Flagler Business School offers an online master of business administration. Students can complete the degree in 18-36 months.

    The 62-credit curriculum includes financial accounting, strategic economics, and business communications. Students choose one of five concentrations, including marketing, data analytics and decision-making, entrepreneurship, strategy and consulting, and finance. Students must also take at least two in-person summits to graduate. These experiences offer hands-on experience and take place in cities around the world as well as on campus. Program tuition includes the full cost of summit attendance.

    Students with fewer than five years of professional work experience need to submit GMAT or GRE scores to begin the application process. UNC-Chapel Hill is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  4. University of Illinois at Urbana-Champaign
    Location

    Champaign, IL

    Tuition

    $$$$$

    Located in Champaign, U of I offers an online master of business administration. Students choose from eight specializations, including global challenges in business, digital marketing, and business analytics.

    The core curriculum focuses on four business areas: strategic leadership and management, managerial economics and business analysis, value chain management, and financial management. Core courses include managerial accounting, firm-level economics, everyday leadership, and process management. A capstone experience allows students to demonstrate skills mastery.

    Students must possess at least three years of operational or managerial experience and a minimum 3.0 undergraduate GPA for program eligibility. Students do not need GMAT or GRE scores, but they may submit them to bolster applications with less work experience.

    U of I is regionally accredited by the Higher Learning Commission. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  5. The University of Texas at Dallas
    Location

    Richardson, TX

    Tuition

    $$$$$

    Based in Richardson, UT Dallas offers an online master of business administration. Students can choose from 15 concentrations and 13 dual MS/MBA options. 

    The 53-credit curriculum includes courses such as managerial accounting, organizational behavior, and international strategic management. Students can choose from 15 different specializations, including business analytics, healthcare leadership and management, and supply chain management. The program makes it simple for motivated students to earn a master of science in complementary fields like management science, energy management, and marketing. 

    Applicants with a business undergraduate GPA of 3.6 or a UT Dallas undergraduate degree with a minimum GPA of 3.5 may not need to submit GMAT or GRE scores. UT Dallas is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  6. Auburn University
    Location

    Auburn, AL

    Tuition

    $$$$$

    Located in Auburn, Alabama, Auburn offers an online master of business administration. Students can complete the program in about 31 months. Students can choose a concentration, add an additional certification, or pursue a concurrent master of science to further career goals.

    The 39-credit curriculum includes financial analysis, operations excellence, and marketing and consumer theory. Students can choose an area of emphasis, including business analytics, finance, or information systems. Students may also opt to add a full graduate certificate in areas such as accountancy, cybersecurity, or management information systems. Dual degree options include a master of science in finance, information systems, or industrial and systems engineering. Students take just one to two courses per term and may take up to six years to finish their degree path.

    Auburn requires GMAT or GRE tests and prefers applicants to possess at least two years of professional work experience to apply. Auburn is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  7. New Jersey Institute of Technology
    Location

    Newark, NJ

    Tuition

    $$$$$

    Located in Newark, NJIT offers an online master of business administration in management of technology. The curriculum focuses on five themes: strategic alignment, knowledge-based innovation, managing uncertainty and change, real-time management, and managing global hyper-competition.

    The 48-credit program includes courses such as management accounting, legal and ethical issues, and competing in global markets. Technology electives include data mining and analysis, new venture management, and knowledge management. Students may choose elective series to customize their MBA based on professional goals and personal interests. Students prepare to lead companies specializing in tech-related products and services or build data management processes for traditional businesses.

    Students must provide GMAT or GRE scores as part of their program application. NJIT does not require previous work experience to apply for the program. NJIT is regionally accredited by the Middle States Commission on Higher Education. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  8. University of Wisconsin-La Crosse
    Location

    La Crosse, WI

    Tuition

    $$$$$

    Located in La Crosse, UW-La Crosse offers an online master of business administration. Before starting the program, students take four credits of business essentials courses, including essentials of financial analysis and essentials of economic and statistical analysis. Business core courses include leading a diverse and dynamic workforce, navigating change amid uncertainty, and making informed managerial decisions. The 36-credit curriculum also includes 10 credits of electives in specialties such as communication, ethics, nonprofit, and supply chain. 

    Students need an undergraduate GPA of at least 2.75 and a GMAT score of 475 or above (or GRE equivalent) to apply for the program. Students do not need previous work experience, although the school encourages it.

    UW-La Crosse is regionally accredited by the Higher Learning Commission. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  9. California State University-Bakersfield
    Location

    Bakersfield, CA

    Tuition

    $$$$$

    Located in Bakersfield, CSUB offers an online master of business administration. The 36-credit program includes core courses such as accounting for decision-making and control, strategic management, and financial management and policy. Students take electives to focus their degree track further, including finance, public policy, healthcare administration, and information systems. A master's culminating project allows students to demonstrate skills mastery. Students participate in an interactive business simulation.

    Applicants need a minimum undergraduate GPA of 2.75 and a GMAT score of 500 to apply to the program. Students with at least five years of eligible, professional work experience or national certifications such as certified public accountant, certified financial accountant, or certified liability underwriter may waive the standardized tests. 

    CSUB is regionally accredited by the Western Association of Schools and Colleges Senior Colleges and University Commission. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

  10. Texas A & M International University
    Location

    Laredo, TX

    Tuition

    $$$$$

    Based in Laredo, TAMIU offers an online master of business administration. Students can choose from among five different concentrations, including management, international banking and finance, international business, international trade and logistics, and information science. Students can finish the program in as few as 15 months. 

    Core business courses include business research methods, strategic management, and managerial economics. Students take electives based on their concentration area and participate in seminars designed to facilitate collaboration, critical thinking, and demonstration of skills.

    Students with a minimum GPA of 3.0 from an accredited undergraduate program can apply for unconditional admission. Students without GPA requirements may apply for admission by review and must supply GMAT or GRE scores.

    TAMIU is regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges. The school also boasts programmatic accreditation from the Association to Advance Collegiate Schools of Business.

What Are the Goals of an MBA Degree?

An online MBA degree prepares students to work in management-level business roles. Programs host full- and part-time options. Many schools allow students to combine an MBA with another master’s degree in fields such as engineering and information technology. Online MBA programs often feature specializations including marketing, operations, finance, entrepreneurship, and accounting. Some programs offer graduate certificates in areas that students can add to their degree.

Online MBA degrees combine core courses in management, financial accounting, and business analytics with advanced classes in topics including supply chain management and digital marketing. Many master’s in business administration degree programs require a capstone or practicum to graduate.

Why Get an MBA Degree?



Master’s in business administration degrees give students many professional benefits. Not only do MBA graduates earn more, but they also gain access to career advancement opportunities. The list below features five online MBA degree benefits.

Better Job Opportunities
A master’s in business administration degree gives professionals access to job opportunities that require specific credentials.
Career Advancement
MBA graduates gain the skills needed to advance in their careers.
Increased Earning Potential
Professionals with MBA degrees earn more than bachelor’s degree-holders.
Greater Business Expertise
An MBA provides learners with greater business expertise through specializations such as marketing and accounting.
Job Security
The BLS projects steady job growth for business-related fields through 2029.

What Are the Requirements for an MBA Degree?

Admission requirements for online MBA programs differ by school, but often include college transcripts, recommendation letters, and a personal statement. Some programs require GMAT or GRE scores. Most programs also carry a minimum GPA requirement.

Once admitted, learners can expect to encounter both core and specialized coursework. Course lengths may vary by degree type. For instance, accelerated programs feature eight- or ten-week courses that allow students to finish their degrees more quickly. Some programs require students to participate in an internship or other capstone experience. Many schools ensure that MBA students receive career counseling before graduation.

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Professional Organizations for MBA Students



Professional organizations provide MBA students with networking and mentoring opportunities, ensuring career success. These groups also offer industry-specific credentialing and access to career-related resources. The list below highlights three professional organizations that MBA students may join.


  • Association of MBAs AMBA connects master's in business administration degree students to graduates from top MBA programs. Members gain access to networking events and professional resources. The organization's 45,000 members benefit from expert career mentoring and professional development courses.

  • American Management Association This organization provides members with access to live, online training courses in many specializations. The association's focus on professional development and certification keeps members current in the field. Membership includes access to publications and online events.

  • American Marketing Association The AMA serves as the premier professional organization for marketers and marketing students. Membership includes access to AMA publications and micro-internship programs. Members receive discounts on industry certifications and professional development opportunities. The organization hosts several annual conferences and bootcamps.

Scholarships for MBA Students

Online MBA degree students qualify for several national scholarships. These opportunities provide funding for learners in both general business administration programs and specialized MBA degrees. Many business students also apply for federal financial aid. The following list features three scholarships open to online MBA program students.

SHRM Foundation Graduate Scholarship

Who Can Apply: The Society for Human Resources Management sponsors an annual graduate scholarship for student members pursuing specializations in human resources. Applicants must maintain a 3.5 GPA and attend a regionally accredited institution. Application requirements include transcripts, a reference letter, and a current resume.
Amount: $5,000

AICP Scholarship Program

Who Can Apply: The Association of Insurance Compliance Professionals awards three scholarships each year to learners specializing in insurance. Eligibility requirements include a 3.0 GPA and enrollment at an accredited school. Applicants must submit transcripts, a personal statement, and one recommendation letter.
Amount: $1,500

Mary Keith Memorial Academic Scholarship

Who Can Apply: The Project Management Institute Educational Foundation sponsors this annual scholarship for women pursuing specializations in project management. Applicants must attend an accredited undergraduate, graduate, or doctoral program. Application requirements include transcripts, two reference letters, a resume, and a short essay.
Amount: Up to $3,000

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