A good salary is one of the strengths of an MBA. The median salary for a CTO is $ 158,360, according to Glassdoor. The Bureau of Labor Statistics offers these median salaries in roles typically supported by an MBA: Computer and Information Systems Manager: $ 142,530; CFO: $ 127,990; marketing manager: $ 147,240; and database administrator: $ 90,070. Even the lowest roles on the pay scale still pay well, like the human resources manager at $ 48,400, according to Poets & Quants.
This list features the 25 best universities and colleges to earn an online MBA, which fits the busy lives of professionals and people with family responsibilities or other concerns. Each program is accredited by the Association to Advance Collegiate Schools of Business International, the watchdog of business programs since 1916. All universities require a bachelor’s degree, as well as a wide variety of professional experience and academic foundations in business.
Methodology
Best College Reviewsprovides degree rankings, such as Top 25 Online MBA Programs for 2020, from carefully researched data sets published by government and non-profit organizations in the United States. Five main factors influence how we constitute grades:
- 25% student satisfaction
- 30% earning potential
- Retention data of 15%
- 20% affordability
- Acceptance rate of 10%
for a detailed description of how We calculate each ranking, see our methodology page.
Top 10 Best Online Mba Programs In The World
| RANKING | SCHOOL | LOCATION |
| 1 | Carnegie Mellon University | Pittsburgh, PA |
| 2 | North Carolina State University | Raleigh, NC |
| 3 | University of Southern California | Los Angeles, CA |
| 4 | University of North Carolina at Chapel Hill | Chapel Hill, NC |
| 5 | Indiana University | Bloomington, IN |
| 6 | University of Virginia | Charlottesville, VA |
| 7 | University of Illinois at Urbana-Champaign | Urbana-Champaign, IL |
| 8 | University | AuburnAuburn, AL |
| 9 | Johns Hopkins University of | Baltimore, MD |
| 10 | Villanova University | Philadelphia, PA |
CARNEGIE MELLON UNIVERSITY
PITTSBURGH, PA
MASTER OF BUSINESS ADMINISTRATION
Score of: 100
The Master of Business Administration program has an online focus that includes six face-to-face “access weekends” per academic year. The rallies are held in Pittsburgh, Philadelphia, Washington, DC, and Silicon Valley, California. US News & World Report ranks the university # 3 among the best online MBA programs and 17th among the best business schools. Princeton Review ranks the university # 5 among online MBA programs. One of the hallmarks of the Carnegie Mellon Tepper School of Business is breadth: There are nearly 200 electives in the MBA program, as well as 12 electives from major areas. There are also avenues in which a student can aim for a comprehensive career path and experiences that can use business simulations, real-world advice, or study abroad options.
Net Price: $ 29,817
NORTH CAROLINA STATE UNIVERSITY
RALEIGH, NC
MASTER OF BUSINESS ADMINISTRATION
Grade of: 99.58
North Carolina State University’s Master of Business Administration program can be completed online in just 21 months. However, the availability of courses is flexible, so it can take students up to six years to complete the MBA. US News & World Report ranks the university 17th among the best online MBA programs. Princeton Review ranks the university # 9 among online MBA programs. NC State’s online program begins in the fall and spring semesters. The program is primarily online. There are two mandatory three-day residencies in Raleigh. The MBA comprises 40 credit hours. Online students do not take a concentration, but do complete an in-depth requirement, which is six credit hours in a specific field. There are also nine hours of electives built into the 40-hour program. MBA applicants must have a bachelor’s degree from a regionally accredited institution, as well as a successful statistics course with a C or higher, as well as at least two years of professional employment.
Net Price: $ 13,442
UNIVERSITY OF SOUTHERN CALIFORNIA
LOS ANGELES, CA
MASTER OF BUSINESS ADMINISTRATION
Grade of: 97.57
The Marshall School of Business at the University of Southern California offers the Master of Business Administration program. US News & World Report ranks USC # 5 among the best online MBA programs and # 17 among the best business schools. Princeton Review ranks the university # 3 among online MBA programs. The USC Online MBA has a unique approach. It includes an integrated cohort-based curriculum and a high-level video of five interdisciplinary courses, as well as a week-long on-campus course: The Role of the Manager. Students learn how core subjects like marketing, finance, and accounting fit together. For example, one of the core classes, Business Fundamentals, lasts 15 weeks and accounts for 10 of the 51 credit hours for the degree. This is a prerequisite for the remaining four courses, which can be taken in any order. They include management within the company, management outside the company, and the recognition and realization of opportunities. Most of the lessons are asynchronous, but a live lesson once a week is available via webcam.
Net Price: $ 32,892
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
CHAPEL HILL, NC
MASTER’S DEGREE IN BUSINESS ADMINISTRATION
Score: 96.99
Kenan-Flagler Business School offers a Master of Business Administration from the University of North Carolina at Chapel Hill. US News & World Report ranks the university # 2 among best online MBA programs and # 19 among best business schools. Princeton Review ranks the university number 2 among online MBA programs. Students of the online MBA program can complete the program in 18-36 months. Students who take two courses per semester can complete the degree in 24 months. Students can choose one of the following five concentrations: Finance, Marketing, Entrepreneurship, Strategy and Consulting or Data Analysis and Decision Making. In addition to the online experience, students are required to attend at least two three-day face-to-face dives, which are scheduled at the end of each period and take place at various locations. Extensive professional work experience is a great advantage for applicants. Those with six years of experience or less must submit GMAT or GRE scores.
Net Price: $ 125,589
University,IndianaBloomington’sDEGREE
MASTER’SIN BUSINESS ADMINISTRATION
Score of: 96.95
The Kelley School of Business at Indiana University offers an online Master of Business Administration. US News & World Report ranks the university # 1 among the best online MBA programs and # 21 among the best business schools. Princeton Review ranks the number one university among online MBA programs. The MBA trains students to lead the crucial business operations of an organization. Most of the degree is online; The program has two mandatory one-week residencies in Bloomington: one at the beginning of the MBA and the second near the end. During residencies, in addition to meeting peers and instructors, students work on a business case for a real client. The program includes 54 credit hours, half of which are electives. There are many specializations, including global business, financial management, and operations management. By taking four additional courses, MBA students can earn another degree in strategic management, supply chain management, analytics, and various other disciplines.
Net Price: $ 12,488
UNIVERSITY OF VIRGINIA
CHARLOTTESVILLE, VA
MASTER OF BUSINESS ADMINISTRATION
Score: 95.52
The Darden School of Business at the University of Virginia offers a Master of Business Administration. Note that Virginia’s online MBA program has an extensive campus component. Weekend seminars and similar meetings are scheduled once a month in Rosslyn, Virginia, and one-week residencies are required at the beginning and end of the MBA program, which is designed to last 21 months. Classes at Darden School often use what she calls the case method. Students themselves read a case, share ideas with a small team, discuss the case in class, and then reflect on how the process changed the original ideas about the case. The program covers basic subjects such as communication, financial management and ethics. The program is organized in ten periods that last two months each.
Net Price: $ 16,594
UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN
URBANA-CHAMPAIGN, IL
MASTER OF BUSINESS ADMINISTRATION
Score: 95.27
Gies College of Business, offering the Master of Business Administration at the University of Illinois at Urbana-Champaign, designates the degree as iMBA. The degree offers eight specializations, including strategic leadership, digital marketing, and innovative entrepreneurship. Teaching and learning take place on a platform called Coursera and through Gies College. To complete the iMBA, students must successfully complete six specializations, as well as a full experiential course. Coursera material is asynchronous and can be completed at the student’s pace. All iMBA applicants must have a bachelor’s degree from an accredited university and at least three years of operational or managerial experience. GMAT / GRE scores are recommended, but not required.
Net Price: $ 16,638
AUBURN UNIVERSITY
AUBURN, AL
MASTER OF BUSINESS ADMINISTRATION
Score: 93.53
Harbert Business School at Auburn University uses the Canvas platform for their online master of business administration. Harbert School uses the Boeing Learning Together program, which allows online students to take the same courses as MBA students on campus. Through Canvas, students work on team assignments, join discussions with peers and teachers, and access course materials. US News & World Report ranks the university # 9 among the best online MBA programs. Princeton Review ranks the university 13th among online MBA programs. Dual graduate degrees are available in industrial and systems engineering, finance, and information systems. The online experience culminates with a three-day on-campus experience just prior to graduation.
Net Price: $ 22,613
UNIVERSITY OF MINNESOTA
MINNEAPOLIS, MN
MASTER’S DEGREE IN BUSINESS ADMINISTRATION
Grade: 91.55
The University of Minnesota MBA has 54 credit hours and can be summarized in two years. The university’s Carlson School of Management offers online academic advising and administers courses with the Canvas platform. The program is primarily online; There are at least two short sessions on the Minneapolis campus, including an orientation at the beginning of the program. MBA concentrations through elective courses include Entrepreneurship, Finance, Human Resources, and International Business. Students can connect with Carlson School’s alumni community of approximately 55,000 people. Applicants for the program must have at least two years of full-time work experience and a bachelor’s degree. Applicants will also be asked to create a video essay.
Net Price: $ 16,808
UNIVERSITYGEORGE WASHINGTON
DEWASHINGTON, DC
MASTER OF BUSINESS ADMINISTRATION
Score: 92.23
Like many George Washington University degrees, the MBA program is influenced by the university’s location in the nation’s capital. The university’s relationships with professional and governmental institutions provide learning opportunities for MBA students. The program consists of 55.5 credit hours, including 27 elective hours. Students typically take six credit hours per semester; It is recommended that at least one semester include 7.5 hours to be on track to completion in three years. The program is available entirely online, although there is an optional four-day residency course in Washington, DC. Face-to-face sessions in the classroom once a week combined with videos, forums and other digital tools. Teachers maintain digital office hours. The online MBA offers a concentration in health management. There is no GPA or experience requirement, but the acceptance process is competitive and most students in the GWU program complete at least two years of professional work. Those who are seven years old or older can waive GMAT / GRE scores in the application process.
Net Price: $ 37,638
UNIVERSITY OF NEBRASKA
LINCOLN, NE
MASTER OF BUSINESS ADMINISTRATION
Qualification: 92.27demi
Students can complete the Master of Business Administration from the University of Nebraska in just over a year and, but most of online students need around three years to complete the course. US News & World Report ranks the university 26th among the best online MBA programs. The MBA consists of ten core courses of three credit hours each plus six three-hour electives. Each course lasts eight weeks and the MBA can be done entirely online. Students have up to ten years to complete the degree. Students can choose concentrations in finance, business analysis, international business, marketing, and supply chain management. Students can also earn certificates in supply chain management and business analytics.
Net price: 16,813
$VILLANOVA UNIVERSITY
PHILADELPHIA, PA
MBAENTERPRISES
Note: 93.03
The gradoen online Master of Business Administration from Villanova University is designed tocompleted in six semesters or two years. However, distance learners can set their own pace. US News & World Report ranks the university 13th among the best online MBA programs. An on-campus experience is required – a global internship towards the end of the program. The rest of the MBA is accessible completely online. Most of the curriculum is asynchronous, with a few exceptions such as live classroom work or live assignments and teacher-managed office hour discussions. There are 48 credit hours in total, of which 15 hours are electives. Areas of concentration include finance, marketing, analytics, international business, and strategic management. No courses can be canceled based on undergraduate work, but up to nine credit hours of the graduate course can be transferred.
Net Price: $ 35,491
UNIVERSITY OF MASSACHUSETTS AMHERST
AMHERST, MASTER
OF BUSINESS ADMINISTRATION
Score: 86.86
The Master of Business Administration at the University of Massachusetts at Amherst is offered by the university’s Isenberg School of Management. US News & World Report ranks the university 17th among the best online MBA programs. MBA students can choose from five focus areas in their courses: business analysis, entrepreneurship, finance, health management, and marketing. UMass says its online students include people at many stages in their careers, with jobs ranging from CFOs to scientists. The MBA can be taken entirely online or by combining online courses with courses at one of UMass’ satellite campuses in Boston, Shrewsbury, or Springfield, MA. Students can try the UMass program by taking up to two graduate courses (six credits) before applying to the program. The MBA consists of 39 to 45 semester credit hours, depending on the professional and academic background of the student.
Net Price: $ 21,281 FLORIDA
UNIVERSITY DEDU SOUTH
TAMPA, FL
MASTER IN BUSINESS ADMINISTRATION
: 87.30
If the student can complete a full-time position, the Master of Business Administration from the University of South Florida can be completed in four semesters, assuming core courses can be eliminated with a solid professional or academic background in business. Most online students, however, work part-time to balance academics with the rest of their lives, so the MBA will take around three years to complete. The South Florida MBA is unusual in that two of its degree programs are cybersecurity and risk and money laundering prevention. There are 16 credit hours of core courses, which will be required based on the student’s experience. The core program consists of 14 credit hours of core courses and 18 hours of concentration; an internship project, for three credit hours, is optional. South Florida accepts MBA applicants from a variety of backgrounds, but recent students have had approximately three years in the business profession and / or an average GMAT score of 560. A bachelor’s degree is required and can be in any area. what discipline; Recent MBA students had a 3.3 GPA at the undergraduate level.
Net Price: $ 11
FLORIDA STATE UNIVERSITY
766TALLAHASSEE, FL
MASTER IN BUSINESS ADMINISTRATION
Score: 87.68
Florida State University’s Master of Business Administration program consists of 39 credit hours per semester and takes seven semesters to complete. US News & World Report ranks the university 21st among the best online MBA programs. Florida State’s online MBA allows students to learn on a flexible schedule. Florida State offers an online MBA specialization in real estate analysis and financing. The state of Florida is home to the Center for Real Estate Education and Research. Other areas of focus are business analysis, management information systems, and risk and insurance management. The Florida State MBA is intended for working professionals or individuals with a strong college background, including a bachelor’s degree. A general understanding of principles such as economics, finance, and accounting is preferred.
Net Price: $ 16,450
MISSOURI UNIVERSITY OF SCIENCE AND TECHNOLOGY
ROLLA, MO
MASTER’S IN BUSINESS ADMINISTRATION
Grade: 88.23
The Missouri University of Science and Technology Master of Business Administration consists of 36 hours: 21 hours of basic course and 15 hours of elective courses. The courses cover a variety of topics, from e-commerce and information systems to entrepreneurship. Optional courses include information security and privacy law, international marketing, and advanced customer satisfaction and satisfaction. Research-based projects, internships, and internships are options in this MBA. Applicants for the program must have a bachelor’s degree from an accredited institution, earned with a 3.0 GPA or better. GMAT / GRE scores are also required, along with a CV and three letters of recommendation.
Net Price: $ 14,133
UNIVERSITY OF UTAH
SALT LAKE CITY, UT
MASTER OF BUSINESS ADMINISTRATION
Grade: 88.36
The David Eccles School of Business at the University of Utah offers a Master of Business Administration. US News & World Report ranks the university 17th among the best online MBA programs. Princeton Review ranks the university 11th among online MBA programs. Utah’s online courses are asynchronous but provide interactive types of learning. Students can collaborate on an assignment via email or discussion forums, and complete peer reviews through these forums. Meanwhile, there is the 24/7 flexibility that many online students need. The MBA consists of 48 credit hours per semester and includes a three-day residency on campus during the student’s first year. A bachelor’s degree with a recommended GPA of at least 3.0 is required to apply for the MBA
net price: $ 12,363
UNIVERSITY OF MASSACHUSETTS-LOWELL
LOWELL,
MASTER OF BUSINESS ADMINISTRATION
Score: 88.61
The University of Massachusetts-Lowell’s Master of Business Administration is available completely online and can be completed in as little as 18 months. However, most online students take one to two courses per semester, and students can take up to five years to complete the program. The program includes 42 credit hours; These include up to 12 hours of core lessons that can be waived based on the student’s work experience or academic background in business. Students can take a general MBA or choose, through a wide selection of elective courses, an area of concentration. Concentrations include information technology, entrepreneurship, international business, managerial leadership, healthcare, and marketing. Elective courses include Workforce Analysis, Building New Business, and Health Care Law and Ethics.
Net Price: $ 18,375
JOHNS HOPKINS UNIVERSITY
BALTIMORE, MD
MASTER’S DEGREE IN BUSINESS ADMINISTRATION
Score: 93.21
Graduates of the Carey School of Business at Johns Hopkins University hold positions in high-level organizations such as Morgan Stanley, Ernst & Young, and the World Bank. The master in business administration consists of 54 credits. The average Carey School student completes the course in 2.7 years, but students have up to six to complete the degree. The online courses last eight weeks, corresponding to the campus class schedule. The courses are taught by the same faculty. Online students can choose from concentrations in finance, health, and marketing. Concentrations of communication, leadership, and negotiation can largely be accomplished online, but require brief residencies on the Baltimore campus lasting two to three days.
Net Price: $ 29,066