Discover the Best Accelerated MBA Programs

James M. Tobin
By
Updated on July 23, 2024
Edited by
    Accelerated MBA programs can lead to fast career upgrades. Explore a ranked list of top business schools offering these valuable learning opportunities.
    Are you ready to discover your college program?

    Accelerated MBA programs offer ambitious learners a path to earning a valuable professional degree on a compact timeline. Regularly paced MBA programs typically require about two academic years (four semesters) of full-time study. A program qualifies as accelerated if it leads to graduation in three semesters or less.

    Accelerated MBA programs often use accelerated terms or semesters to move students through coursework more quickly. Because of their fast pace, they also tend to have competitive admission standards.

    This guide explains how accelerated business degrees work, including their potential benefits. It also includes a ranked list of the best accelerated programs for MBA students seeking efficient degree upgrades.

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    Top Accelerated Online MBA Degrees

    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 Discover the Best Accelerated MBA Programs

    Missouri State University-Springfield

    • Location-markerSpringfield, MO
    • 4 year
    • Campus + Online

    Missouri State University-Springfield, a leader in online learning, offers bachelor’s and master’s degrees. Graduate students in the accredited master of business administration program build advanced knowledge through a rigorous curriculum and expert faculty. Degree-seekers can use entrance scores to bolster their application. Online students work with advisors, IT support professionals, and other support staff to complete their degree. The school's virtual classrooms let enrollees interact with faculty and peers.

    The amount students pay per credit is unknown at this time. Master's students can use financial aid such as loans and scholarships to help cover tuition expenses. Degree candidates gain the knowledge and skills necessary to impress employers.

    Missouri State University-Springfield Facts:

    Total Online Enrollment: 9,079

    Online Master's Program Totals: 28

    Graduate School Tuition Rate: $5,202 in-state; $10,476 out-of-state

    Amount of Aid Awarded Per Learner: $5,648

    Average Annual Cost: $16,134

    Missouri State University-Springfield holds accreditation from the Higher Learning Commission.

    Average Undergrad Tuition
    • In-State$6,540
    • Out-of-state$14,850
    Average Graduate Tuition
    • In-State$5,202
    • Out-of-state$10,476
    • Retention Rate78%
    • Acceptance Rate88%
    • Students Enrolled23,453
    • Institution TypePublic
    • Percent Online Enrollment39%
    • AccreditationYes
    #2 Discover the Best Accelerated MBA Programs

    University of North Texas

    • Location-markerDenton, TX
    • 4 year
    • Campus + Online

    Situated in Denton, University of North Texas offers undergraduate and graduate programs in virtual and in-person formats. The school delivers five online bachelor's programs and 11 online master's programs, which provide scheduling flexibility for busy learners.

    The online master of business administration programs is one of the best online business management programs. Master's graduates can apply for positions in the field or advance their current career. To help students succeed academically and professionally, the school provides a variety of support services, including academic advising and career counseling.

    Enrollees pursuing online graduate programs benefit from the school's affordable tuition rates. Degree-seekers with financial need can submit the FAFSA to qualify for federal grants, scholarships, and loans. Private scholarships and institutional fellowships can also help learners fund their master's studies. 

    University of North Texas Facts:

    Price Per Credit: Not Known

    Students Receiving Aid: 82%

    Students Receiving Loans: 51%

    Total Master's Programs: 85

    Total Online Master's Programs: 85

    Transfer Credits Toward Degree: No

    Average Undergrad Tuition
    • In-State$8,295
    • Out-of-state$18,423
    Average Graduate Tuition
    • In-State$5,900
    • Out-of-state$13,496
    • Retention Rate79%
    • Acceptance Rate74%
    • Students Enrolled39,336
    • Institution TypePublic
    • Percent Online Enrollment49%
    • AccreditationYes
    #3 Discover the Best Accelerated MBA Programs

    Cleveland State University

    • Location-markerCleveland, OH
    • 4 year
    • Campus + Online

    The master's programs at Cleveland State University help professionals advance their careers and pursue new opportunities. Experts in the field teach graduate students in the accredited MBA program. Video lectures, assignments, and class discussions cover advanced topics in business management. Full-time students complete the program in about two years. Graduate learners may also choose a part-time enrollment option.

    To fund their education, 89% of the institution's learners obtain financial aid and 55% take out loans. The admission rate is 94% for incoming students across all programs.

    Cleveland State University Numbers:

    Number of Online Students: 5,674

    Distance Learning Master's Programs: 8

    Graduate School Tuition: $10,014 in-state; $17,134 out-of-state

    Average Total Aid Per Learner: $7,351

    Average Price After Aid: $16,219

    Cleveland State University holds accreditation from the Higher Learning Commission, an independent accrediting agency.

    Average Undergrad Tuition
    • In-State$10,745
    • Out-of-state$15,290
    Average Graduate Tuition
    • In-State$10,014
    • Out-of-state$17,134
    • Retention Rate74%
    • Acceptance Rate94%
    • Students Enrolled15,433
    • Institution TypePublic
    • Percent Online Enrollment37%
    • AccreditationYes
    #4 Discover the Best Accelerated MBA Programs

    Southern Utah University

    • Location-markerCedar City, UT
    • 4 year
    • Campus + Online

    Graduate degree-seekers can enroll in online and in-person programs at Southern Utah University. The public institution's offerings include an online master of business administration. Degree-seekers often maintain employment while enrolled in the flexible program.

    Faculty advisors help master's students examine complex issues and develop a strong overall understanding of the field. Enrollees pursuing the master's degree complete a rigorous curriculum that fosters field-specific knowledge and transferable skills. While completing program coursework, master's students hone analytical and leadership skills they can apply to business management careers.

    The school charges online learners affordable tuition rates and offers institutional funding for eligible applicants. Financial aid counselors help degree-seekers explore funding options. 

    Southern Utah University Numbers:

    Online Master's Programs: 11

    Total Online Programs: 12

    Number of Online Students: 3,951

    Price Per Credit: Not Known

    Graduate Tuition In-State: $7,574

    Graduate Tuition Out-of-State: $23,784

    Transfer Credits Permitted: No

    Average Undergrad Tuition
    • In-State$6,006
    • Out-of-state$19,822
    Average Graduate Tuition
    • In-State$7,574
    • Out-of-state$23,784
    • Retention Rate74%
    • Acceptance Rate78%
    • Students Enrolled11,224
    • Institution TypePublic
    • Percent Online Enrollment35%
    • AccreditationYes
    #5 Discover the Best Accelerated MBA Programs

    Florida International University

    • Location-markerMiami, FL
    • 4 year
    • Campus + Online

    Florida International University enrolls students in one online program. The Miami-based university educates 26,192 enrollees in its online courses. Distance learners can earn their professional MBA at the college. The accredited curriculum provides a rigorous education valued by employers. The program lets students develop advanced skills and training for business management careers. Learners receive one-on-one attention from faculty thanks to the school's student-to-faculty ratio of 27-to-1. 

    The university's website provides more information about support services and student organizations. The program charges affordable tuition rates and offers financial aid. This makes the master's degree an affordable option for learners on a budget. The college reports a graduation rate of 63% for its programs.

    Florida International University at a Glance:

    Total Online Enrollment: 39,863

    Number of Online Master’s Programs: 31

    Graduate Tuition: $8,912 per year in-state, $21,393 per year out-of-state

    Average Amount of Aid Awarded: $8,958

    Average Net Price: $9,888

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

    Average Undergrad Tuition
    • In-State$4,721
    • Out-of-state$16,529
    Average Graduate Tuition
    • In-State$8,912
    • Out-of-state$21,393
    • Retention Rate89%
    • Acceptance Rate58%
    • Students Enrolled58,711
    • Institution TypePublic
    • Percent Online Enrollment68%
    • AccreditationYes
    #6 Discover the Best Accelerated MBA Programs

    Columbus State University

    • Location-markerColumbus, GA
    • 4 year
    • Campus + Online

    Learners at Columbus State University can enroll in a variety of top-ranked academic programs, including an online master of business administration. With a variety of online offerings, the public institution enrolls 3,779 distance students. Online classes are ideal for learners with busy schedules.

    Degree-seekers fulfill core requirements and take advanced business management courses. Students can customize the master's curriculum based on their interests and professional goals. Online learners develop industry-specific knowledge during flexible coursework. Learners currently employed in the business management field can pursue promotions or raises after earning their master's degree. Current and former students can leverage the institution's career services and alumni network.

    The school delivers career advising and financial aid counseling to help graduate learners plan their academic and professional future. Online enrollees pay affordable tuition rates, making graduate studies more accessible. Learners may also fund their studies through scholarships and fellowships. The amount students pay per credit on average is unknown.

    Average Undergrad Tuition
    • In-State$4,371
    • Out-of-state$15,425
    Average Graduate Tuition
    • In-State$6,300
    • Out-of-state$11,394
    • Retention Rate72%
    • Acceptance Rate79%
    • Students Enrolled7,877
    • Institution TypePublic
    • Percent Online Enrollment48%
    • AccreditationYes
    #7 Discover the Best Accelerated MBA Programs

    Oregon State University

    • Location-markerCorvallis, OR
    • 4 year
    • Campus + Online

    Corvallis-based Oregon State University educates degree-seekers online and on campus. Learners pursuing a graduate degree from the school can choose from online and in-person formats. Students interested in business can pursue an MBA in business analytics from the institution in a flexible online format.

    The master's program requires in-depth coursework, and enrollees benefit from academic and career advising. Busy learners balancing work and school can benefit from the online program's scheduling flexibility. Graduate degree-seekers typically require 1-2 years to earn their master's degree if enrolled full time.

    The institution holds accreditation, which means students can qualify for federal financial aid programs. Of the student population, 39% take out loans. Additionally, 85% of learners receive financial aid.

    Oregon State University Numbers:

    Total Programs: 265

    Number of Online Programs: 50

    Online Master's Programs: 78

    Number of Online Students: 14,977

    Average Cost Per Credit: N/A

    Religious Affiliation: Non-Affiliated

    Transfer Credits Toward Degree: No

    Average Undergrad Tuition
    • In-State$9,846
    • Out-of-state$29,445
    Average Graduate Tuition
    • In-State$12,933
    • Out-of-state$24,975
    • Retention Rate85%
    • Acceptance Rate82%
    • Students Enrolled31,719
    • Institution TypePublic
    • Percent Online Enrollment47%
    • AccreditationYes
    #8 Discover the Best Accelerated MBA Programs

    University of Florida

    • Location-markerGainesville, FL
    • 4 year
    • Campus + Online

    University of Florida delivers online and in-person graduate programs from its Gainesville campus. Learners located anywhere in the country can enroll in the online MBA program from the public institution. Ideal for working professionals, the flexible program qualifies graduates for advanced business management positions.

    Master's students work with faculty advisors, who provide advice and insights into the business management field. The program's rigorous curriculum helps enrollees develop foundational knowledge and specialized skills in the field. While completing program coursework, master's students hone analytical and leadership skills they can apply to business management careers.

    The school charges online learners affordable tuition rates. Degree-seekers meet with financial aid counselors to discuss their funding options. Learners pursuing their master's degree online benefit from the school's affordable tuition rates and can apply for institutional funding.

    University of Florida Facts:

    Online Master's Programs: 126

    Total Online Programs: 68

    Number of Online Students: 24,310

    Average Per-Credit Cost: Unavailable

    Graduate Tuition In-State: $10,770

    Graduate Tuition Out-of-State: $27,335

    Awards Transfer Credits: No

    Average Undergrad Tuition
    • In-State$4,477
    • Out-of-state$25,694
    Average Graduate Tuition
    • In-State$10,770
    • Out-of-state$27,335
    • Retention Rate97%
    • Acceptance Rate37%
    • Students Enrolled52,407
    • Institution TypePublic
    • Percent Online Enrollment46%
    • AccreditationYes
    #9 Discover the Best Accelerated MBA Programs

    The University of Texas at Tyler

    • Location-markerTyler, TX
    • 4 year
    • Campus + Online

    Distance learners can pursue high-quality online graduate programs from The University of Texas at Tyler. With 15 online programs, including nine online master's programs, the public Tyler-based institution educates students throughout the country. The school's academic offerings include a master of business administration for graduate degree-seekers interested in the field. 

    Students with personal or professional obligations often benefit from the online business management program's flexible scheduling options.

    Learners gain specialized knowledge during advanced classes. Graduate students can complete internships to gain experience and bolster their resume. Degree-seekers typically complete the master's program in 1-2 years. Admissions advisors provide prospective applicants with details about application deadlines and requirements.

    The school's affordable tuition rates make graduate studies more accessible. Graduate tuition rates at the institution average $5,850 for Texas residents and $14,328 for out-of-state students. The institution holds accreditation, which means enrollees with financial need to qualify for federal grants and loans. At the school, 85% of students receive financial aid to fund their education.

    Average Undergrad Tuition
    • In-State$6,540
    • Out-of-state$20,760
    Average Graduate Tuition
    • In-State$5,850
    • Out-of-state$14,328
    • Retention Rate71%
    • Acceptance Rate83%
    • Students Enrolled9,617
    • Institution TypePublic
    • Percent Online Enrollment62%
    • AccreditationYes
    #10 Discover the Best Accelerated MBA Programs

    The University of Texas Rio Grande Valley

    • Location-markerEdinburg, TX
    • 4 year
    • Campus + Online

    Learners can enroll at The University of Texas Rio Grande Valley to pursue respected master's degrees in many fields, including business management. While many of the institution's students pursue their degree on campus in Edinburg, 14,840 students attend online classes. The convenient, accessible format appeals to working professionals and busy adults seeking a graduate degree.

    The master of business administration program features a rigorous curriculum and meets high academic standards. Graduate students consult with faculty mentors to select courses based on their professional goals. The online program prioritizes flexible scheduling and specialized industry skills development. Master's degree-holders often qualify for promotions or raises. Current and former students work closely with career services to transition from the program into the workforce.

    To help learners explore their funding options and plan their future, the school delivers career advising and financial aid counseling. Students pursuing their master's degree online benefit from the school's affordable tuition rates and can apply for institutional funding. Additional financial aid options include private scholarships and fellowships. The institution's cost per credit is unknown.

    Average Undergrad Tuition
    • In-State$6,664
    • Out-of-state$16,792
    Average Graduate Tuition
    • In-State$5,959
    • Out-of-state$13,555
    • Retention Rate76%
    • Acceptance Rate80%
    • Students Enrolled29,113
    • Institution TypePublic
    • Percent Online Enrollment51%
    • AccreditationYes

    Why Consider an Accelerated Program for Your MBA?

    • Optimize Your ROI: Accelerated MBA students spend less time in school, which may reduce the total cost of earning an advanced business degree. MBA’s abbreviated timelines allow you to more quickly enter the workforce and begin seeing a return on your investment.
    • Convenience and Practicality: Business schools typically design their accelerated MBA curricula to accommodate students with full-time jobs. Enrollees can move through coursework quickly through flexible learning structures that often include partially or fully online delivery models.
    • Build Competitive Credentials: By pursuing an accelerated degree, you can earn a prestigious academic credential on a compact timeline. This can quickly position you to reap the benefits associated with an MBA degree, including access to management roles with significant advancement potential.

    Is an Accelerated MBA Program Expensive?

    MBA programs have a reputation for being expensive. In actuality, their costs vary widely according to the following factors:

    • School prestige
    • Career services and professional recruitment opportunities
    • Institution type (public or private)

    Some schools also offer online MBA programs purpose-built for affordability, including programs delivered in accelerated formats.

    According to National Center for Education Statistics (NCES) data, MBA students paid an average of $17,058 in tuition and required fees in 2020. Some programs cost less, while others cost much more — at Ivy League schools like Harvard University, they could pay more than $76,000 in tuition alone.

    Regardless of program cost, you can use multiple strategies to reduce your expenses. Scholarships for MBA students offer a valuable source of non-repayable funding, as do fellowships and grant programs. Many business schools maintain their own in-house financial aid and scholarship programs, which you should consider when researching your study options.

    check Price Check

    Payscale data from July 2024 placed the average base salary of an MBA degree-holder at $98,000 per year. Salaries in this range position MBA graduates to generate an excellent educational ROI, even if they attend expensive schools.

    College Affordability CalculatorBreak down your current financial situation, and receive a college tuition estimate you can afford to pay.Estimate my payment

    How Much Can Accelerated MBA Graduates Make?

    Salaries for graduates of accelerated online MBA programs depend on several factors. According to the Bureau of Labor Statistics(BLS), professionals in management occupations earn a $104,900 median annual salary as of May 2023. Top executives make a median annual salary of $103,840. Both of these salaries exceed the annual median wage for all workers.

    Location can also affect pay — employers in larger cities tend to pay more than companies in small cities to make up for living costs. Degree-holders can gauge earning potential in specific regions by viewing current job postings.

    Actual salaries and growth rates vary among the various career paths available to MBA graduates. The following table profiles five job titles commonly held by professionals with MBAs.

    Jobs for Graduates of MBA Programs
    Job TitleIndustriesMedian Annual Salary (May 2023)Job Growth Rate (2022-2032)
    Financial Managers
    • Finance and insurance
    • Professional services
    • Enterprise management
    • GovernmentManufacturing
    $156,100+16%
    Logistics Managers
    • Manufacturing
    • Government
    • Professional services
    • Enterprise management
    • Wholesale trade
    $79,400+18%
    Management Analysts
    • Management consulting services
    • Government
    • Computer systems design
    • Enterprise management
    $99,410+10%
    Marketing Managers
    • Enterprise management
    • Consulting
    • Computer systems and software
    • Advertising
    $157,620+6%
    Operations Managers
    • Restaurants
    • Management consulting services
    • Enterprise management
    • Computer systems design
    • Merchant wholesalers
    $101,280+4.2%
    Source: BLS, Projections Central

    Which Courses Are Offered in Accelerated MBA Programs?

    An MBA program covers multiple subjects in business through a management lens. These courses explore topics useful to entrepreneurs at startups and graduates who want to become managers at Fortune 500 companies.

    To cater to individuals with specific career goals, most accelerated online MBAs allow students to select a concentration like marketing, general management, or strategy. Before selecting a program, learners should read through the course descriptions to ensure the content aligns with their career goals.

    Most MBA courses encourage collaboration, so group projects and class discussions are two common course characteristics. The following section highlights three common MBA courses. Remember that not every MBA program offers these classes, but this list provides a sample curriculum.

    Strategic Management

    Businesses constantly work to establish, improve, and maintain strategic advantages. Students engage with high-level and granular techniques for building integrated approaches to strategic enterprise management. Coursework examines the interrelated nature of operational divisions like accounting, finance, marketing, and operations management.

    Marketing Management

    Startup entrepreneurs and CEOs for large corporations both need to know marketing basics. The course offers a brief overview of marketing principles. Learners discover how to implement and oversee marketing campaigns, delegate efforts, and effectively use communication channels to reach target audiences. Graduates can motivate marketing professionals and perform essential marketing functions.

    Human Resources

    While not every MBA student decides to work in human resources, each learner should understand the profession. In this course, enrollees can fine-tune their basic human resources skills. They learn the payroll process, how to select a benefits package, and ways to attract talent. The course also discusses how to create an inclusive work environment that welcomes diversity.

    Financial Reporting and Analysis

    In addition to covering financial reporting standards for businesses, this course examines analytical techniques business managers use to extract actionable insights from financial documents. Students engage with techniques including ratio, common size, and taxation analysis. They also learn how to apply gained insights to guide organizational planning and decision-making.

    Analytical Forecasting

    In contemporary business environments, data analytics has emerged as a major focus of organizational management. Analytical forecasting courses explore strategies for analyzing data to uncover structured patterns and insights with beneficial organizational potential. Courses commonly emphasize predictive analytics through time-series forecasting models.

    How Do You Choose the Best Accelerated Online MBA?

    Consider the following factors as you compare accelerated MBA programs:

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      Concentration Options: If you’d like to specialize in a particular area, you can pursue a concentrated MBA degree. Examples of common concentrations include accounting, analytics, finance, human resources, and logistics.
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      Admission Requirements: Because they move quickly, accelerated MBA programs often prefer or require that candidates have relevant academic and/or professional backgrounds. For example, you may require a bachelor’s degree in business and/or multiple years of work experience in a related role.
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      Financial Aid Programs: MBA programs can be expensive, but there’s more to consider than listed tuition costs. Many schools offer in-house scholarships and financial aid programs that can reduce your net cost of attendance, sometimes significantly.

    Accreditation is also critically important. In addition to researching the accreditation status of the school that hosts the program, you can also look for optional endorsements from recognized accreditors of business programs.

    More Questions About Accelerated MBA Programs


    Can you complete an online MBA in one year?

    Yes. An enrollee can complete an MBA in just one year. Many schools offer accelerated programs with self-paced formats, helping learners to enter the workforce quickly.

    Will an accelerated MBA degree increase my salary?

    Typically, MBA graduates experience an increase in salary. According to July 2024 Payscale data, graduates with bachelor’s degrees in business administration earn an average $78,000 annual salary. MBAs earn an average annual salary of $98,000.

    How hard is an accelerated MBA program?

    Because of their structure, students may find accelerated MBA programs more challenging than their regularly paced counterparts. Accelerated programs move through material quickly, and you will need to master challenging concepts efficiently to keep pace. Remember that you have other options, such as part-time enrollment in a traditional MBA.

    What are the admissions requirements for accelerated programs?

    Exact requirements vary, but accelerated MBA programs often prefer applicants with backgrounds that support their success in advanced, fast-paced learning environments. You may require an undergraduate business degree, multiple years of relevant job experience, or both. Additional requirements, such as GMAT or GRE scores and letters of recommendation, may also apply.

    Am I too old to get an online MBA?

    Nobody is too old to learn, and online MBA programs are often designed to appeal specifically to professionals and students returning to college. Many people in their 40s and 50s pursue MBAs to remain relevant in the job market, engage with new concepts, and build proficiency with emerging analytical tools.

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