Best Online Executive MBA Programs 2022

Earning an executive MBA can lead to increased career opportunities. Here, we list the top programs available.

Updated September 14, 2022

Best Online Executive MBA Programs 2022

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Affordable Online Executive MBA Programs

Experienced managers often turn to executive MBA programs to enhance their business acumen and leadership skills. Earning an executive MBA degree, or EMBA, prepares managers to navigate today's complex business environment. The curriculum emphasizes rigorous and specialized training, applied learning, and a global perspective.

Enrollees can continue their careers and apply for C-suite positions with an executive MBA degree. According to the Bureau of Labor Statistics (BLS), top executives earn an annual median salary of $107,680. The BLS projects jobs for these professionals to grow 4% between 2019 and 2029.

This guide provides an overview on executive MBA programs, coursework requirements, and job and salary information.

Why Get an Executive MBA Degree?

Business leaders who want to take their careers to the next level can pursue an executive MBA. Executive MBAs cover many of the same concepts as a traditional MBA but offer more scheduling flexibility. Enrollees typically complete the curriculum around their work schedules. However, some programs require students and faculty to meet for in-person residencies.

Executive MBA programs use a cohort format, allowing business executives to move through the program in lock-step. Students learn collaboratively and build a powerful network of peers from various industries. The best online EMBA programs provide intensive support such as professional mentorship from an industry expert.

The Executive MBA Council finds that students eventually recoup their financial investment. Graduates from the class of 2019-20 report a 14.1% increase in compensation during their executive MBA program, and 39% received a promotion while still pursuing their degree.

AffordableCollegesOnline.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

Featured Online MBA Programs

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

How Much Does an Executive MBA Degree Cost?

Students make a significant investment to earn an executive MBA degree. Program costs depend on factors such as school, location, and services provided. Some enrollees receive employer funding, while others fund the degree using loans, scholarships, and other financial aid.

Students may spend $400 to more than $1,000 per credit for an online executive MBA or professional MBA. Some programs charge all-inclusive tuition that may range from $36,000-$77,000. These packages typically include tuition, books, and other supplies. They may also include accommodation and meals during campus sessions. Some programs may require an international business trip.

Business executives without employer support can explore financial aid opportunities for graduate students.

How Much Do Executive MBA Majors Make?

Compensation for MBA graduates varies substantially depending on their position, industry, experience, and location. According to the BLS, top executives earn a median annual wage of $107,680. The lowest 10% of these professionals earn less than $62,780 per year while the top 10% earn more than $208,000.

General and operations managers earn an annual median salary of $100,930, according to the BLS. The top-paying locations for these professionals include New Jersey ($167,600), New York ($156,260), Rhode Island ($155,910), Connecticut ($155,890), and the District of Columbia ($150,970).

Graduates may want to consider other fields such as advertising, promotions, and marketing. These professionals earn a median annual pay of $141,490.

Courses in Executive MBA Programs

Executive MBA programs typically require 30-48 credits and take 16-24 months to complete. These programs blend advanced core business coursework with specialized electives. The best MBA programs are accredited by organizations such as the Association to Advance Collegiate Schools of Business.

Enrollees use their knowledge to address contemporary business challenges presented in case studies and projects. Learners develop advanced proficiencies in subjects such as corporate finance, managerial accounting, financial management, and data-driven decision-making.

Many EMBA programs offer electives or focus study areas. Popular focus areas include finance, business analytics, and strategic management. Some programs focus exclusively on developing managers who can apply their business proficiencies in a sector such as healthcare.

Many online executive MBA programs require students to complete in-person seminars and workshops. Enrollees may also take business trips to enhance their knowledge. See below for three common courses in executive MBA programs.

AffordableCollegesOnline.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

Featured Online MBA Finance Programs

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Certifications and Licensure for Executive MBA Students

MBA students and graduates pursue certifications to demonstrate competency in various business specializations. While top executives typically do not need a license to practice, they can cement their qualifications and value with certifications in areas such as finance and human resources. See below for three sought-after national certifications.

The CFA Institute administers this credential for investment professionals who meet required work experience and complete the CFA program. Candidates must subsequently pass three multiple-choice and constructed-response exams. The Council for Six Sigma Certification offers several programs for business professionals to learn how to optimize business processes. Students choose Sigma or Lean Sigma Certifications training and complete corresponding exams at various levels. The Society for Human Resource Management offers SHRM-SCP for executives who lead HR functions within organizations. Candidates with a master's degree need at least three years of HR-related experience to qualify to sit for a multiple-choice exam containing 160 questions.

Online Executive MBA Programs

#1

Purdue University

School Information
Location West Lafayette, Indiana
Admission Rate 60%
Graduation Rate 82%
Accreditation Yes Higher Learning Commission
Percent Online Enrollment 22% Percentage of all students who are enrolled online.

Purdue University educates undergraduate and graduate degree-seekers online and at its West Lafayette campus. Learners attending the school can study in person or in an online format. Students at the institution can pursue an online executive MBA program.

To succeed in the rigorous master's program, enrollees can receive academic advising from business management faculty members. Learners balancing academics with personal or professional obligations can take advantage of the online MBA program's flexible scheduling options. Degree-seekers enrolled full time typically need 1-2 years to graduate with a master's in business management.

At the accredited institution, graduate students can qualify for federal aid programs and other forms of financial aid. Of the student body, 29% fund their education through loans. In addition, 65% of the institution's learners qualify for financial aid.

Purdue University Numbers:

Total Programs: 382

Number of Online Programs: 35

Online Master's Programs: 81

Number of Online Students: 10,129

Fee Per Credit: $682

Religious Affiliation: Non-affiliated

Grants Transfer Credits: No

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#2

Texas Southern University

School Information
Location Houston, Texas
Admission Rate 91%
Graduation Rate 23%
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 36% Percentage of all students who are enrolled online.

Located in Houston, Texas Southern University has one of the best online executive MBA offerings in the country. This institution delivers online and on-campus graduate degree options. The school considers test scores in the application process. The school's advisors, IT support professionals, and other support staff assist distance learners. The virtual classroom setting lets learners interact with faculty and peers.

Grad students use financial aid such as loans and scholarships to cover tuition expenses. In addition to this online MBA program, Texas Southern University offers two other master's degrees.

Texas Southern University Fast Facts:

Total Online Enrollment: 3,234

Online Master's Degrees: 3

Graduate Tuition Rate: $5,487 in-state; $12,868 out-of-state

Average Student Aid: $9,703

Average Net Price With Aid: $14,540

The school is accredited by the Southern Association of Colleges and Schools Commission on Colleges.

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#3

The University of Alabama

School Information
Location Tuscaloosa, Alabama
Admission Rate 83%
Graduation Rate 71%
Accreditation Yes Southern Association of Colleges and Schools Commission on Colleges
Percent Online Enrollment 13% Percentage of all students who are enrolled online.

The University of Alabama offers a respected master's-level business management program. The public institution educates 5,041 distance students, along with on-campus degree-seekers. Busy learners often benefit from online programs' scheduling flexibility and complete academic requirements around their schedule.

The executive MBA program's rigorous curriculum helps degree-seekers develop transferable career skills while gaining advanced knowledge in business management. Faculty mentors work with graduate students to ensure the curriculum aligns with their professional goals. The online program prioritizes flexibility and career preparation. After completing the program, graduates often secure high-paying business management positions with additional responsibilities. Master's students can take advantage of the institution's career services to prepare to transition from their studies into the workforce.

Master's degree-seekers can access support services including career advising and financial aid counseling to ensure they choose the best academic and professional tracks. The school supports online learners through affordable tuition rates and institutional funding. Scholarships and fellowships can also help learners fund their master's studies.

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#4

University of Hawaii at Manoa

School Information
Location Honolulu, Hawaii
Admission Rate 58%
Graduation Rate 61%
Accreditation Yes Western Association of Schools and Colleges Senior Colleges and University Commission
Percent Online Enrollment 20% Percentage of all students who are enrolled online.

Based in Honolulu, the University of Hawaii at Manoa educates undergraduate and graduate degree-seekers on campus and online. Working professionals often pursue one of the school's online master's programs.

The online executive MBA is one of the best online business degrees available. Program graduates can apply for new positions in the field or advance their current career. Master's students can access support services such as academic advising, career-planning resources, and faculty mentorship.

The school's affordable tuition rates make it easier for enrollees to pursue graduate degrees. The institution holds accreditation, which means students can submit the FAFSA to receive federal grants and loans. Additional financial aid options include private scholarships and fellowships.

University of Hawaii at Manoa Facts:

Students Receiving Aid: 77%

Students Receiving Loans: 33%

Total Master's Programs: 79

Total Online Master's Programs: 79

Transfer Credits Toward Degree: No

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#5

University of Nevada, Reno

School Information
Location Reno, Nevada
Admission Rate 88%
Graduation Rate 61%
Accreditation Yes Northwest Commission on Colleges and Universities
Percent Online Enrollment 24% Percentage of all students who are enrolled online.

The University of Nevada, Reno delivers respected graduate degrees in a variety of fields, including a master's-level business management degree. The public institution enrolls 5,018 students in online programs. Distance learning programs typically feature flexible scheduling options, which are ideal for busy students.

The executive MBA's rigorous curriculum helps degree-seekers develop transferable career skills while gaining advanced knowledge in business management. Graduate students consult with faculty mentors to select classes aligning with their interests and career goals. Learners in the flexible online program gain specialized knowledge relevant to the industry. Graduates of the MBA program often secure high-level positions in the field. The institution's career services and alumni network can help master's students locate and secure professional opportunities.

The school delivers support services including career advising and financial aid counseling for graduate learners. The school's affordable tuition rates make graduate studies more accessible. Learners may also qualify for scholarships and fellowships. The average cost per credit for the school's master's programs is $837.

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AffordableCollegesOnline.org is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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