Accredited Online MBA Degree Guide

Online MBA Degree Programs

Choosing the right online MBA degree program is one of the biggest decisions many business professionals make in their lives. The growing need to balance busy schedules and multiple responsibilities has made online MBA programs a popular choice as they offer both affordability and flexibility. Our online MBA degree page brings together all the information you need to choose the best online accredited MBA program for you. Below you will find statistics on 100 of the top online MBA degrees, a review of the GMAT exam and requirements for “no GMAT” online MBA degrees, our top advice on how to measure the value of programs to ensure the best online MBA experience, a discussion of common accreditation bodies, and, finally, our ranking of the top online MBA programs accredited by industry leaders. With this information in hand, you will be one step closer to choosing the perfect online MBA.

Compare the Top 100 Online MBA Degrees

You can quickly sort and compare online MBA programs using the table below. Click on the arrows to reorganize the table according to various measures, such as acceptance rates and average GMAT entrance scores. While this table does not provide a combined ranking, it makes it easy to see how 100 top online accredited mba programs from across the country stack up on many important factors that all applicants should consider when choosing to apply to the right programs. Programs are listed in alphabetical order.

SchoolRankAccept. RateAvg.
Under-grad GPA
Avg. GMATAvg. Class size3yr Grad RateTuition
(in-state)
Tuition
(out-state)
University of Arizona1478%3.356328N/A$1000$1000
Arizona State University964%3.25925092%$1435$1435
Arkansas State University176%3.76022694%$587$587
Ashland UniversityN/A3N/A2156%$635$635
Auburn University1170%3.45723261%$850$850
Ball State University578%3.45712557%$394$590
University of Baltimore3783%3.350725N/A$824$824
Baylor University3368%3.161325N/A$1027$1027
Boise State University6493%3.453925N/A$750$750
California State UniversityN/A47%3.357515N/A$254$626
Carnegie Mellon UniversityN/A64%3.365829N/A$1920$1920
Central Michigan University3946%3.25382470%$600$600
University of Cincinnati6282%3.359663N/A$806$821
City University of SeattleN/A41%N/AN/A1077%$678$678
Clarion University of Pennsylvania595%3.44562760%$483$522
Clarkson University2161%35331287%$1100$1100
Cleveland State University3487%3.245220N/A$569$1074
U of C – Colorado SpringsN/A75%3.35681050%$763$801
Columbus State University1261%3.1483495%$739$739
Creighton UniversityN/A60%3.254015N/A$1025$1025
University of Delaware3272%3.35972068%$813$813
DeSales University1087%3.3N/A1475%$815$815
Drexel University3189%3.14882380%$1255$1255
East Carolina University6180%3.25172848%$353$985
Embry Riddle Aeronautical University2774%3.14831549%$620$620
Emporia State UniversityN/A44%3.4N/A21N/A$247$371
University of Florida454%3.35784388%$1113$1113
Florida Atlantic University4168%3.151428N/A$800$800
Florida Institute of TechnologyN/A3.14382047%$896$896
Florida International University1054%3.35201782%$1000$1000
Florida State University1364%3.55582579%$750$750
George Washington University2669%3.15305068%$1690$1690
Georgia College State University1884%35261592%$739$739
Georgia Southern University4677%3.15002894%$739$739
Hofstra University3886%3.1N/A24100%$1579$1579
University of Houston – Clear Lake4843%N/A5252258%$438$917
University of Houston – Victoria5189%N/A50321N/A$322$730
University of Illinois at Urbana Champaign1521%3.4638N/AN/A$250$250
Indiana University Bloomington283%3.46413279%$1300$1300
James Madison University1696%3.250618100%$900$900
University of KansasN/A3.356850N/A$775$775
Kansas State UniversityN/A3.458316N/A$833$833
Kennesaw State University4568%3.25902896%$739$739
Lehigh University4481%3.36132336%$1075$1075
University of Louisiana4972%3.25642048%$583$583
Marist College4242%3.35302347%$780$780
University of Maryland College Park968%3.260217N/A$1481$1481
U Mass – Amherst5383%3.45974859%$825$825
U Mass Lowell3090%3.35552757%$630$630
University of Memphis5978%3.25184452%$596$841
Mercer University1955%3.252519N/A$727$727
University of Miami3548%3.546218N/A$1900$1900
University of Michigan6338%3.45872152%$859$1356
University of Mississippi1539%3.25833843%$669$669
Mississippi State University2471%3.35802548%$426$426
Missouri State University1574%N/A5902070%$1230$1230
University of Nebraska – Lincoln2089%3.46063638%$600$600
University of Nevada – Reno1579%3.250531100%$833$833
University of New HampshireN/A100%3.44882147%$800$880
UNC – Chapel Hill145%3.26701394%$1585$1585
North Carolina State University2469%3.35983093%$1039$1659
University of North DakotaN/A3.45701863%$360$360
University of North Texas2054%3.35381558%$303$710
Northeastern University5887%3.2N/A1744%$1513$1513
Norwich UniversityN/A3.1N/A969%$760$760
Oklahoma State University3792%3.15532960%$210$825
Old Dominion University3667%3.256614N/A$478$516
Pennsylvania State University289%3.35462397%$1185$1185
Pepperdine University771%3.25652666%$1670$1670
Portland State UniversityN/A64%3.35484286%$575$575
Queens University of CharlotteN/A353822N/A$990$990
Robert Morris University5234%3.35201771%$900$900
Rochester Institute of Technology4766%3.2N/A878%$1489$1489
Rutgers University CamdenN/A3.351032N/A$1256$1256
Sam Houston State University4378%3.45272934%$286$286
Samford University6088%3.35473087%$789$789
University of ScrantonN/A3.2N/A1549%$965$965
Shippensburg University of Pennsylvania3792%3.25282534%$483$493
University of South Dakota5790%3.15183546%$442$442
University of South Florida647%3.45502677%$462$907
University of Southern California846%3.263016N/A$1778$1778
Southern Illinois University2363%3.36004585%$854$854
Stevens Institute of Technology4283%3.152114N/A$1501$1501
SUNY Oswego2283%3.35551971%$600$1016
Syracuse University2777%3.15801649%$1443$1443
Temple University245%3.45822497%$1245$1245
University of Tennessee5488%3.25461886%$507$558
Tennessee Technological University5646%3.35312352%$447$706
University of Texas Tyler2587%3.24568181%$744$1155
The University of Texas – Dallas339%3.66163640%$706$1245
University of Utah2968%3.457336N/A$1250$1250
Washington State University758%3.55682674%$750$750
West Chester University of Pennsylvania1792%3.45312560%$483$493
University of West Georgia5593%3.24382288%$739$739
West Texas A&M University361%054000$380$410
West Virginia University4089%3.25202889%$932$932
Western Kentucky University5095%3.45441455%$679$679
University of Wisconsin470%3.35013579%$638$638

Best Value Online MBA Degrees

Best Value Online MBA Degree ProgramsOur Best Value Online MBA Degree Programs list brings together top accredited online MBA programs from across the country that are all business accredited and offered at not-for-profit institutions. While most of these programs are available fully online, some do have residency or live classroom requirements that may also impact whether the program is right for you. After researching over 200 programs, we have created this list of 80 degree options based on many of the value-added measures discussed on this page, including, but not limited to, the overall cost. Other criteria include admissions requirements, academic rank, faculty engagement, degree recognition, and student success. Use this list as a starting point to further refine your online degree options based on your needs and experience. Due to our ranking system, some schools have tied for a ranking position. See our ranking methodology here.

Boise State University

64. Boise State University

College of Business and Economics

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Degree at a Glance

Accreditation:AACSB
GMAT Score:539
Acceptance Rate:93%
Tuition (in-state):$750/credit
Tuition (out-of-state):$750/credit
Admissions Rank:#40
Academic Rank:#70
Student Success Rank:#70
Affordability Rank:#29

Boise State University’s College of Business and Economics offers a fully online MBA degree accredited by the AACSB that can be completed in as little as 12 months. The program consists of 49 credits covering all aspects of business, including marketing, finance, business communication, and supply chain management. Multiple program start dates are available throughout the year, offering great flexibility to working professionals. Applicants must have a bachelor’s degree and at least two years of relevant experience. GMAT scores are waived for applicants with a 3.0 GPA from the final 60 credits and either a graduate degree or three years of managerial experience.

University of Michigan - Dearborn

63. University of Michigan – Dearborn

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:587
Acceptance Rate:38%
Tuition (in-state):$859/credit
Tuition (out-of-state):$1356/credit
Admissions Rank:#49
Academic Rank:#70
Student Success Rank:#32
Affordability Rank:#70

The College of Business at University of Michigan (UM) – Dearborn offers great value for anyone hoping to complete an MBA fully online or through a hybrid format at the UM Dearborn campus. The program comprises 36-48 credits depending on chosen electives and concentrations. Applicants can begin in the fall or winter terms for full- or part-time study or the summer term for part-time study, and admissions are accepted on a rolling basis. Students may choose an optional concentration in accounting, finance, international business, management information systems, marketing, or supply chain management. This online MBA program is one of the most competitive on our “Best Value” list with a 38% acceptance rate.

University of Cincinnati

62. University of Cincinnati

Carl H. Lindner College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:596
Acceptance Rate:82%
Tuition (in-state):$806/credit
Tuition (out-of-state):$821/credit
Admissions Rank:#16
Academic Rank:#64
Student Success Rank:#70
Affordability Rank:#70

Carl H. Lindner College of Business at University of Cincinnati offers an AACSB-accredited MBA degree with numerous optional concentrations in the area of marketing, healthcare management, and taxation. This degree can take as little as 12 months to complete through the completion of 38-48 credit hours in applied business, research, and ethics. Start dates are offered throughout the year, including during the summer, with admissions deadlines typically set six week prior to the start date. Individuals with less than three years’ experience are admitted to the direct admission pathway while individuals with more than three years of experience are admitted to the Foundations Pathway, which can eliminate the need to complete the GMAT.

East Carolina University

61. East Carolina University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:517
Acceptance Rate:80%
Tuition (in-state):$353/credit
Tuition (out-of-state):$985/credit
Admissions Rank:#60
Academic Rank:#9
Student Success Rank:#70
Affordability Rank:#50

East Carolina University’s College of Business offers an MBA degree fully online or through a hybrid combination of classes at the Greenville, NC campus. The 54-credit curriculum includes a broad overview of traditional business areas, including marketing, finance, and strategy, and some of these courses may be waived if you have previous undergraduate business education. No business experience or coursework is required; however, applicants must have a bachelor’s degree and, in most cases, a GMAT score of 500 or higher. Students can apply to begin at any of the four start dates during the year that correlate to the semester schedule.

Samford University

60. Samford University

Brock School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:547
Acceptance Rate:88%
Tuition (in-state):$789/credit
Tuition (out-of-state):$789/credit
Admissions Rank:#55
Academic Rank:#32
Student Success Rank:#85
Affordability Rank:#47

The Brock School of Business at Samford University offers a 100% online MBA with many benefits, including online courses taught by the same professors who teach at the campus, AACSB accreditation, and a rolling admission date. Samford University MBA graduates also boast one of the lowest rates of student debt upon completion of the program. The MBA program consists of between 36-45 credits depending on previous education and three optional concentrations are offered in entrepreneurship, finance, and marketing. Applications are accepted for three start dates in January, May, and August with application deadlines on December 1st, May 1st, and July 1st respectively.

University of Memphis

59. University of Memphis

Fogelman College of Business and Economics

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Degree at a Glance

Accreditation:AACSB
GMAT Score:518
Acceptance Rate:78%
Tuition (in-state):$596/credit
Tuition (out-of-state):$841/credit
Admissions Rank:#38
Academic Rank:#70
Student Success Rank:#37
Affordability Rank:#54

The Fogelman College of Business and Economics at University of Memphis offers an AACSB-accredited online MBA degree requiring the completion of 33 credits, including 30 core credits and one three-credit elective. Students have the option of completing several required courses during a three-day residency in Memphis prior to the beginning of the traditional semester schedule. Applications for the fall start date are due July 1st while summer semester applications are due May 1st. Students must submit an online application form along with GMAT or GRE scores, transcripts, a resume, a statement of personal interest, two letters of recommendation, and an essay.

Northeastern University

58. Northeastern University

D’Amore-McKim School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:Not Provided
Acceptance Rate:87%
Tuition (in-state):$1513/credit
Tuition (out-of-state):$1513/credit
Admissions Rank:#63
Academic Rank:#11
Student Success Rank:#50
Affordability Rank:#70

At D’Amore-McKim School of Business at Northeastern University, MBA students complete 50 credits of online study, including 13 core classes and five additional electives that can be focused to develop a concentration in finance, healthcare management, high technology management, innovation entrepreneurship, international marketing, marketing, supply chain management, or sustainability. The degree focuses on teaching students innovation skills through practical case examples and is AACSB-accredited. Applicants must have an undergraduate degree with a GPA of at least 3.0 and must be currently employed with at least five years experience in management.

University of South Dakota

57. University of South Dakota

Beacom School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:518
Acceptance Rate:90%
Tuition (in-state):$442/credit
Tuition (out-of-state):$442/credit
Admissions Rank:#47
Academic Rank:#70
Student Success Rank:#32
Affordability Rank:#19

The University of South Dakota offers several online MBA degrees through the Beacom School of Business, including a general business focus and concentrations in business analytics, health services administration, marketing, and operations and supply chain management. This is one of the most affordable degrees on our “Best Value” list and requires 51-60 credits. Up to 18 credits of foundational coursework may be waived for students with prior business education. All applications are reviewed when submitted by the priority date: June 1st for the fall semester, October 1st for the spring semester, and March 1st for the summer semester. However, students may be admitted after these dates if space is available.

Tennessee Technological University

56. Tennessee Technological University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:531
Acceptance Rate:46%
Tuition (in-state):$447/credit
Tuition (out-of-state):$706/credit
Admissions Rank:#41
Academic Rank:#60
Student Success Rank:#70
Affordability Rank:#17

Tennessee Technological University’s traditional MBA program is offered fully online or through a hybrid with courses at the Cookeville, TN campus. The AACSB-accredited program comprises 30 credits and can be completed full-time or part-time. Students can choose from concentrations in accounting, finance, human resource management, international business, management information systems, and marketing. Students are admitted in the fall, spring, and summer terms with application deadlines on July 1st, November 10th, and May 1st respectively. The College of Business also offers a new hybrid industry-immersed healthcare-focused MBA combining online courses with residencies in Nashville, TN. The hybrid healthcare MBA begins in January with applications reviewed beginning November 1st.

University of West Georgia

55. University of West Georgia

Richards College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:438
Acceptance Rate:93%
Tuition (in-state):$739/credit
Tuition (out-of-state):$739/credit
Admissions Rank:#75
Academic Rank:#14
Student Success Rank:#16
Affordability Rank:#60

The online MBA at University of West Georgia Richards College of Business is part of the Georgia WebMBA program involving six universities across the state. Students complete 10 courses covering a broad range of business topics, including accounting, finance, and entrepreneurship. A two-day orientation in Atlanta at the beginning of the program is the only on-campus requirement. The degree is AACSB-accredited and takes 18 months to complete 30 credits. Students planning to start in the fall term must apply by August 3rd while students hoping to start in the spring must apply by December 10th.

University of Tennessee - Martin

54. University of Tennessee – Martin

College of Business and Global Affairs

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Degree at a Glance

Accreditation:AACSB
GMAT Score:546
Acceptance Rate:88%
Tuition (in-state):$507/credit
Tuition (out-of-state):$558/credit
Admissions Rank:#33
Academic Rank:#61
Student Success Rank:#54
Affordability Rank:#36

The University of Tennessee – Martin offers an AACSB-accredited, fully-online MBA program for applicants with a bachelor’s degree and at least two years of work experience. The MBA program has a cohort style with students starting in either January or June and progressing together through the curriculum. Applications are due four weeks prior to the start date. The program typically lasts 20 months and courses are taught in four-to-six week blocks by the same faculty as on-campus classes. The College of Business & Global Affairs also offers an online MBA for financial services professionals and a hybrid MBA with either a general or agriculture focus.

University of Massachusetts - Amherst

53. University of Massachusetts – Amherst

Isenberg School of Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:597
Acceptance Rate:83%
Tuition (in-state):$825/credit
Tuition (out-of-state):$825/credit
Admissions Rank:#16
Academic Rank:#47
Student Success Rank:#46
Affordability Rank:#81

Isenberg School of Management at the University of Massachusetts – Amherst has offered an online MBA degree for over 10 years and is AACSB-accredited. The degree is well-known as it ranked in a tie for 12th among all online MBA programs in the country in 2017 by US News & World Report. Consisting of 45 credits, the degree has many possible concentrations, including business analytics, entrepreneurship, finance, healthcare administration, marketing, and sport management. Applications should be submitted by June 1st for fall admission, Oct 1st for spring admission, or February 1st for summer admission.

Robert Morris University

52. Robert Morris University

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:520
Acceptance Rate:34%
Tuition (in-state):$900/credit
Tuition (out-of-state):$900/credit
Admissions Rank:#25
Academic Rank:#70
Student Success Rank:#50
Affordability Rank:#15

Robert Morris University School of Business’ online MBA provides the opportunity to complete a degree fully online or through a hybrid combined with traditional classes at the Pittsburgh campus. Online courses are asynchronous so that students can access course materials and assignments at any time. The program is AACSB-accredited and includes 30 credits of general business content. No concentrations are offered. Applicants must have a bachelor’s degree with a minimum 3.0 GPA and a minimum GMAT score of 470. This is one of the most competitive programs on our list with an acceptance rate of only 34%.

University of Houston - Victoria

51. University of Houston – Victoria

School of Business Administration

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Degree at a Glance

Accreditation:AACSB
GMAT Score:503
Acceptance Rate:89%
Tuition (in-state):$322/credit
Tuition (out-of-state):$730/credit
Admissions Rank:#56
Academic Rank:#13
Student Success Rank:#48
Affordability Rank:#69

Two AACSB-accredited MBA programs online are available through University of Houston – Victoria School of Business Administration – the Global MBA and the Strategic MBA. The Global MBA consists of 54 credits and focuses on international business topics and includes six core courses. The Strategic MBA allows students to focus on developing business strategy skills in a particular focus area through 48 credit hours, including accounting, entrepreneurship, economic development, finance, human resources, management, marketing, and international business. Recent Bachelor of Business Administration (BBA) graduates may finish a degree with as few as 30 credits due to course waivers. The student body is quite diverse and boasts a high number of international students enrolled in the program. This program may also offer greater value to students who plan to study part-time as students are allowed up to seven years to complete degree requirements and graduate.

Western Kentucky University

50. Western Kentucky University

Gordon Ford College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:544
Acceptance Rate:95%
Tuition (in-state):$679/credit
Tuition (out-of-state):$679/credit
Admissions Rank:#45
Academic Rank:#63
Student Success Rank:#34
Affordability Rank:#20

Gordon Ford College of Business at Western Kentucky University has a flexible MBA program that allows for part- and full-time study and a study period 18 months up to five years. The degree program comprises 30 credits and courses are taken one-by-one, with each lasting seven weeks. Mature students without a recent bachelor’s degree can complete MBA foundation modules prior to admittance to facilitate a successful transition. The program also has a GMAT waiver option for students who have completed an AACSB-accredited bachelor’s degree with a GPA of at least 3.5 GPA. Students are accepted for fall and spring start dates with March 15th and October 15th application deadlines respectively.

University of Louisiana - Monroe

49. University of Louisiana – Monroe

College of Business and Social Sciences

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Degree at a Glance

Accreditation:AACSB
GMAT Score:564
Acceptance Rate:72%
Tuition (in-state):$583/credit
Tuition (out-of-state):$583/credit
Admissions Rank:#32
Academic Rank:#46
Student Success Rank:#70
Affordability Rank:#33

University of Louisiana – Monroe’s MBA program online is another one of the most diverse on our list, welcoming many international students each year. The program is managed by the College of Business and Social Sciences and follows the same curriculum as the on-campus degree, both of which are AACSB-accredited. Applicants must have previous education in accounting, economics, finance, management, marketing, and quantitative methods or be willing to complete these prerequisites before beginning the online MBA. Students are admitted at the beginning of each academic semester and complete applications must be received at least 30 days prior. Full-time students can complete the program in as little as 18 months.

University of Houston - Clear Lake

48. University of Houston – Clear Lake

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:525
Acceptance Rate:43%
Tuition (in-state):$438/credit
Tuition (out-of-state):$917/credit
Admissions Rank:#65
Academic Rank:#11
Student Success Rank:#70
Affordability Rank:#16

University of Houston – Clear Lake offers an online MBA with AACSB accreditation and flexible study options. The 36-credit program structures courses in eight-week blocks and students can take either two courses per term (full-time equivalent) or one course per term (part-time equivalent). Full-time students can finish the degree in as little as 14 months while part-time students can finish in 28 months. Credit costs are lower for Texas residents, making this degree an even better value for in-state students. Optional concentrations are offered in environmental management, finance, human resource management, and management of technology. Applications are accepted for the spring, summer, and fall terms with deadlines on December 1st, May 1st, and August 1st.

Rochester Institute of Technology

47. Rochester Institute of Technology

Saunders College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:Not Provided
Acceptance Rate:66%
Tuition (in-state):$1489/credit
Tuition (out-of-state):$1489/credit
Admissions Rank:#52
Academic Rank:#37
Student Success Rank:#16
Affordability Rank:#70

At Rochester Institute of Technology (RIT) Saunders College of Business, the online Executive MBA is designed for working professionals with extensive management experience. The program is AACSB-accredited, takes 17 months to complete, and requires a three-day on-campus residency at the beginning of the degree. Start dates are offered in January and August with applications accepted on a rolling basis. Applicants must have at least six years of work experience to apply, therefore, RIT boasts the highest average amount of work experience completed by new students on our “Best Value” list, at 182 months prior to beginning the program. The deadline to apply for the fall term is July 1st and the deadline to apply for the spring term is December 1st.

Georgia Southern University

46. Georgia Southern University

College of Business Administration

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Degree at a Glance

Accreditation:AACSB
GMAT Score:500
Acceptance Rate:77%
Tuition (in-state):$739/credit
Tuition (out-of-state):$739/credit
Admissions Rank:#59
Academic Rank:#14
Student Success Rank:#11
Affordability Rank:#80

Also ranked at 46 on our “Best Value” list is Georgia Southern University’s online MBA through the College of Business Administration. The curriculum requires 30 credits in general business study completed entirely online over the course of 21 months. However, US students are required to attend a two-day residency in Atlanta at the beginning of the program. Courses are asynchronous and can be accessed at any time. Applications are reviewed on a rolling basis for fall and spring entry. The degree is AACSB-accredited and priced the same for both in-state and out-of-state students, making this a good value for all students.

Kennesaw State University

45. Kennesaw State University

Coles College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:590
Acceptance Rate:68%
Tuition (in-state):$739/credit
Tuition (out-of-state):$739/credit
Admissions Rank:#32
Academic Rank:#56
Student Success Rank:#20
Affordability Rank:#70

Another Georgia-based “Best Value” program is the WebMBA offered by Coles College of Business at Kennesaw State University. The program offers all courses online in a cohort format with one mandatory residency in Atlanta prior to the program start. The required 30 credits of study can be completed in as little as 18 months, although the program has a typical study period of 20 months. Applicants must apply with a bachelor’s degree, GMAT scores, a resume, and transcripts for spring, summer, or fall start dates. The deadlines to apply are November 1st for spring term, April 1st for summer term, and July 1st for fall term.

Lehigh University

44. Lehigh University

College of Business and Economics

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Degree at a Glance

Accreditation:AACSB
GMAT Score:613
Acceptance Rate:81%
Tuition (in-state):$1075/credit
Tuition (out-of-state):$1075/credit
Admissions Rank:#10
Academic Rank:#45
Student Success Rank:#62
Affordability Rank:#82

Lehigh University’s College of Business and Economics has designed a 36-credit Flex MBA that can be completed fully online or through a mixture of online and on-campus courses in Bethlehem, PA. The degree can take two to five years depending on the student’s pace and course choices. While applications are reviewed on a rolling basis, prospective students are encouraged to submit complete applications by May 1st for the summer term, July 15th for the fall term, and December 1st for the spring term. Concentrations are offered in finance, international business, marketing, and supply chain management. A project management option is also available, but requires three residencies. Online courses may use either synchronous or asynchronous teaching methods, allowing students to further customize their online learning experience. Applicants are admitted for spring, summer, and fall terms.

Sam Houston State University

43. Sam Houston State University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:527
Acceptance Rate:78%
Tuition (in-state):$286/credit
Tuition (out-of-state):$286/credit
Admissions Rank:#51
Academic Rank:#24
Student Success Rank:#56
Affordability Rank:#25

Sam Houston State University College of Business offers two different AACSB-accredited online MBA choices. The traditional MBA program consists of 36 credits of general business with 27 core courses and nine electives. The Executive MBA concentrates on the needs of professionals in banking and financial institutions. While courses are primarily online, students must attend two two-week residencies in Huntsville, TX. Sam Houston boasts one of the most affordable programs on our list, charging only $286 per credit for both in-state and out-of-state students. The school also has a GMAT waiver program that considers an applicant’s undergraduate GPA and relevant work experience. Application deadlines are August 1st for the fall term, December 1st for the spring term, and May 15th for the summer term.

Stevens Institute of Technology

42. Stevens Institute of Technology

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:521
Acceptance Rate:83%
Tuition (in-state):$1501/credit
Tuition (out-of-state):$1501/credit
Admissions Rank:#33
Academic Rank:#34
Student Success Rank:#66
Affordability Rank:#44

Completing an MBA online program at Stevens Institute of Technology’s School of Business prepares graduates for highly digitized workplaces as course content is infused with the latest knowledge on technological innovation and analytics. The AACSB-accredited, 48-credit curriculum may be a good value for business professionals interested in new data and technology trends in business. Applicants are encouraged to have at least two years of relevant work experience before applying to the program. The deadlines to apply are June 1st for the fall term and November 30th for the spring term, although applications may be reviewed after this time (space permitting).

Marist College

42. Marist College

School of Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:530
Acceptance Rate:42%
Tuition (in-state):$780/credit
Tuition (out-of-state):$780/credit
Admissions Rank:#27
Academic Rank:#52
Student Success Rank:#70
Affordability Rank:#11

Through Marist College’s School of Management, students can earn an online MBA with an optional concentration in ethical leadership, financial management, or healthcare administration. The school has a business analytics focus to prepare graduates for emerging data and technology trends in the workplace. The MBA program is fully online but also offers optional residencies in New York City for local students as the main campus is located in nearby Poughkeepsie, NY. Applications are due by August 1st for the fall semester start date and December 1st for the spring semester start date. Admission to Marist College is one of the most competitive on our list as only 42% of applicants are admitted each year.

Florida Atlantic University

41. Florida Atlantic University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:514
Acceptance Rate:68%
Tuition (in-state):$800/credit
Tuition (out-of-state):$800/credit
Admissions Rank:#34
Academic Rank:#26
Student Success Rank:#58
Affordability Rank:#63

Florida Atlantic University College of Business offers a great value AACSB-accredited MBA online degree that can be completed fully online. The program is 23 months in length and includes 40-46 credits of asynchronous and flexible online learning focused on general business content that can be combined with a number of concentrations or designations in international business or hospitality and tourism management. Six credits can be waived for applicants with approved undergraduate-level business education. Applications are welcome for the fall, spring, and summer semester cohort start dates and are reviewed on a rolling basis. The deadline for the fall term is August 7th, while the deadlines for spring and summer are January 4th and May 15th respectively. GMAT requirements may be waived for applicants with at least four years of relevant work experience or an advanced degree.

West Virginia University

40. West Virginia University

College of Business and Economics

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Degree at a Glance

Accreditation:AACSB
GMAT Score:520
Acceptance Rate:89%
Tuition (in-state):$932/credit
Tuition (out-of-state):$932/credit
Admissions Rank:#35
Academic Rank:#28
Student Success Rank:#79
Affordability Rank:#23

West Virginia University offers an AACSB-accredited MBA degree through the College of Business and Economics that combines online coursework with four required on-campus residencies in Morgantown, WV and Washington DC. Students complete 48 credits in two years of full-time study; however, the program offers one of the most flexible completion time frames on our list of up to eight years, which may be useful for part-time students or busy working professionals. Active or veteran military officers also have the option of completing the Military online MBA, which provides further flexibility for this particular group. The online MBA program can also be combined with several on-campus dual degree options including pharmacy, law, or a Master of Science in nursing. Students can begin in either fall or spring and applications are reviewed on a rolling basis with March 1st and July 1st deadlines.

Central Michigan University

39. Central Michigan University

College of Business Administration

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Degree at a Glance

Accreditation:AACSB
GMAT Score:538
Acceptance Rate:46%
Tuition (in-state):$600/credit
Tuition (out-of-state):$600/credit
Admissions Rank:#53
Academic Rank:#25
Student Success Rank:#41
Affordability Rank:#30

Students looking to minimize their debt load upon graduation will be interested to know that graduates of Central Michigan University College of Business Administration’s AACSB-accredited online MBA program have some of the lowest rates of graduating student debt on our list. Students complete between 36-43 credit hours including 27 credits of foundational courses. Several concentrations are offered and a four-credit “boot camp” experience held over a two-week residency is the only on-campus requirement for students in the enterprise systems concentration. The program offers high quality teaching with an average of 15 years of online teaching experience among faculty and 80 required hours of initial teacher training, both among the highest on our list. Applications are accepted on a rolling basis and should be submitted at least six weeks prior to the desired semester start date.

Hofstra University

38. Hofstra University

Frank G. Zarb School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:Not Provided
Acceptance Rate:86%
Tuition (in-state):$1579/credit
Tuition (out-of-state):$1579/credit
Admissions Rank:#62
Academic Rank:#7
Student Success Rank:#29
Affordability Rank:#80

Frank G. Zarb School of Business online MBA students at Hofstra University can complete the degree in as little as two years and the school has one of the highest three-year graduation rates on our list. Students are able to earn AACSB-accredited MBA degrees with concentrations in strategic business management or strategic healthcare management and gain industry exposure through two mandatory two-day residencies in New York City. GMAT scores are required except on a case-by-case basis for individuals with at least five years’ management work experience as approved by the program’s Executive Director. Applications are accepted on a rolling basis for fall admission.

University of Baltimore

37. University of Baltimore

Merrick School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:507
Acceptance Rate:83%
Tuition (in-state):$824/credit
Tuition (out-of-state):$824/credit
Admissions Rank:#61
Academic Rank:#10
Student Success Rank:#61
Affordability Rank:#14

At the Merrick School of Business at the University of Baltimore, in-state and out-of-state students pay the same affordable fee, making this a very affordable online mba program for students across the country. The MBA degree program is designed to offer maximum flexibility while still meeting the AACSB accreditation standards. Applicants can complete the degree, including one of 10 specializations, fully online or through a hybrid mixture including on-campus courses in Baltimore. Start dates are offered six times during the year and courses can be taken in seven-week or 15-week blocks throughout the year. Application deadlines are January 1st, February 1st, May 1, August 17th, and September 17th.

Shippensburg University of Pennsylvania

37. Shippensburg University of Pennsylvania

John L. Grove College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:528
Acceptance Rate:92%
Tuition (in-state):$483/credit
Tuition (out-of-state):$493/credit
Admissions Rank:#43
Academic Rank:#11
Student Success Rank:#60
Affordability Rank:#57

Shippensburg University of Pennsylvania’s online MBA developed by the John L. Grove College of Business is one of the most highly affordable programs on our list at $483 per credit for in-state students and $493 per credit for out-of-state students. The program requirements include eight core courses and two electives for a total of 30 credits and are offered through asynchronous and optional synchronous teaching methods. Students benefit from program faculty members who are required to complete at least 80 hours of training before teaching in the program. Graduates can earn this AACSB-accredited degree in as little as two years. Applications are evaluated based on a combination of experience and education and applicants must have at least a bachelor’s degree to apply. This program has a rolling deadline for fall, spring, and summer start dates.

Oklahoma State University

37. Oklahoma State University

Spears School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:553
Acceptance Rate:92%
Tuition (in-state):$210/credit
Tuition (out-of-state):$825/credit
Admissions Rank:#42
Academic Rank:#41
Student Success Rank:#42
Affordability Rank:#35

The online MBA program at Spears School of Business at Oklahoma State University offers both AACSB-accredited 43-credit, full-time and 42-credit, part-time study options. The curriculum focuses on using case studies to innovate and solve complex problems to help graduates prepare for managerial positions. Another benefit of this program is the low rate of student debt among graduates as it is one of the lowest on our “best value” list. A bachelor’s degree is necessary to be eligible and work experience, calculus coursework, and familiarity with quantitative analysis are recommended but not required. Applications are accepted until July 1st for the fall term and until November 1st for the spring term.

Old Dominion University

36. Old Dominion University

Strome College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:566
Acceptance Rate:67%
Tuition (in-state):$478/credit
Tuition (out-of-state):$516/credit
Admissions Rank:#23
Academic Rank:#40
Student Success Rank:#70
Affordability Rank:#26

Old Dominion University’s Strome School of Business offers an online, AACSB-accredited MBA degree along with several unique certificate specializations, including modeling, simulation, and visualization, and maritime, ports, and logistics management. The curriculum includes 40 credit hours and can be completed in as little as 21 months, although applicants with no previous business education may need to take foundational courses before beginning the core curriculum. Courses are structured in eight-week sections to help students concentrate on one topic at a time. Faculty in Old Dominion’s online MBA program have great teaching experience – an average of 18 years, which is one of the highest averages on our “Best Value” list. For the fall term, students must apply by June 1st, while the deadline for the spring term is November 1st and March 1st for the summer term.

University of Miami

35. University of Miami

School of Business Administration

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Degree at a Glance

Accreditation:AACSB
GMAT Score:462
Acceptance Rate:48%
Tuition (in-state):$1900/credit
Tuition (out-of-state):$1900/credit
Admissions Rank:#30
Academic Rank:#48
Student Success Rank:#44
Affordability Rank:#41

In as little as two years, students can earn an AACSB-accredited MBA from the University of Miami School of Business Administration. During the program, students complete 42-51 credits depending on the area of specialization, including corporate finance, financial decision-making, and accounting practice. Optional on-campus residencies are offered to help online students develop a sense of community or complete an accelerated course. Students are admitted in fall and spring with application deadlines on August 7th and December 11th. The university may also set an early admission deadline that waives the required enrollment deposit for accepted students.

Cleveland State University

34. Cleveland State University

Monte Ahuja College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:452
Acceptance Rate:87%
Tuition (in-state):$569/credit
Tuition (out-of-state):$1074/credit
Admissions Rank:#49
Academic Rank:#20
Student Success Rank:#77
Affordability Rank:#5

At Cleveland State University’s Monte Ahuja College of Business, students have the chance to earn an online MBA in as little as one year. Although the program is shorter than most, it still meets the requirements for AACSB accreditation and comprises 34 credits that are taken in a set sequence to cover core business topics. Students are admitted into the cohort program in both fall and spring terms with applications reviewed on a rolling basis. The tuition cost includes all course materials and online resources, making it easier for prospective students to understand the overall cost and value of this MBA degree.

Baylor University

33. Baylor University

Hankamer School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:613
Acceptance Rate:68%
Tuition (in-state):$1027/credit
Tuition (out-of-state):$1027/credit
Admissions Rank:#6
Academic Rank:#43
Student Success Rank:#70
Affordability Rank:#58

At the Hankamer School of Business at Baylor University, MBA students can earn an AACSB-accredited degree in a faith-based environment. The degree consists of 48-60 credits with six start dates throughout the year. Applications are due approximately one month prior to the start date. Students hoping to finish quickly will be glad to know the degree can be completed in as little as 12 months, and Baylor University has one of the fastest average completion times on our list at 18 months. Applicants typically have six years of experience, although this is not a requirement for admission.

University of Delaware

32. University of Delaware

Alfred Lerner College of Business and Economics

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Degree at a Glance

Accreditation:AACSB
GMAT Score:597
Acceptance Rate:72%
Tuition (in-state):$813/credit
Tuition (out-of-state):$813/credit
Admissions Rank:#28
Academic Rank:#18
Student Success Rank:#33
Affordability Rank:#68

For a fully- online MBA with several concentration options, the University of Delware’s Alfred Lerner College of Business offers great value. The degree can be completed in 16 months with one or more optional concentrations in healthcare, finance, or international business and is open to students with a bachelor’s degree in any major area. Courses are offered in six-week blocks during the year, and students with other specific business interests can also create a customized degree plan. This MBA is accredited by the AACSB and accepts applications on a rolling basis until the start of the program in the fall and spring terms.

Drexel University

31. Drexel University

LeBow College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:488
Acceptance Rate:89%
Tuition (in-state):$1255/credit
Tuition (out-of-state):$1255/credit
Admissions Rank:#58
Academic Rank:#51
Student Success Rank:#9
Affordability Rank:#14

Drexel Lebow College of Business is the home of the online MBA program at Drexel University. This degree offers a flexible completion date to accommodate full-time and part-time students with a maximum term of five years. A quarter credit system is used to structure the program’s 49 required credits and there are two start dates per year in the fall and spring. Applicants are reviewed on a rolling basis and admissions decisions are communicated in as little as two weeks from submission. The program features online coursework as well as practical learning opportunities, such as internships and a capstone project.

University of Massachusetts Lowell

30. University of Massachusetts – Lowell

Manning School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:555
Acceptance Rate:90%
Tuition (in-state):$630/credit
Tuition (out-of-state):$630/credit
Admissions Rank:#30
Academic Rank:#55
Student Success Rank:#52
Affordability Rank:#4

University of Massachusetts – Lowell offers great affordability for an AACSB-accredited degree with the same tuition rates for both in-state and out-of-state students. The Manning School of Business administers the program of 30-42 credits. Students with prior business education are typically able to waive foundational courses and only complete the required 30 credits to graduate. The program is available with a general business focus or with a concentration in finance, accounting, information technology, or marketing. Applicants should have at least two years of work experience before submitting an application. Applications are continually evaluated on a rolling basis.

University of Utah

29. University of Utah

David Eccles School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:573
Acceptance Rate:68%
Tuition (in-state):$1250/credit
Tuition (out-of-state):$1250/credit
Admissions Rank:#20
Academic Rank:#16
Student Success Rank:#55
Affordability Rank:#65

The online MBA offered through David Eccles School of Business at University of Utah is an accelerated, AACSB-accredited program taught through asynchronous online courses. Students take two courses at a time over the course of 24 months starting in the fall, spring, or summer terms. A three-day on-campus residency is required at the beginning to acquaint new students with the program. The school reports that 70% of all students have a bachelor’s degree in a non-business field with an average of seven years of work experience. Admissions for the fall term are accepted until August 1st, although applications are reviewed at various points throughout the year starting in February. The same is true for spring admissions, which are reviewed starting in September and are due by January 1st.

Missouri University of Science Technology

28. Missouri University of Science Technology

Business and Information Technology Department

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Degree at a Glance

Accreditation:AACSB
GMAT Score:590
Acceptance Rate:74%
Tuition (in-state):$1230/credit
Tuition (out-of-state):$1230/credit
Admissions Rank:#23
Academic Rank:#5
Student Success Rank:#30
Affordability Rank:#72

The MBA program at Missouri University of Science and Technology is housed in the Business and Information Technology Department and comprises 36 credit hours. Faculty in this program have one of the highest training requirements on our list at 80 hours and the program boasts a diverse student body with one of the highest numbers of international students on our list as well. Students can choose from one of many concentrations in marketing, international business, strategy, new product development, enterprise resource planning, supply chain management, business sustainability, human-computer interaction, project management, and business intelligence while earning this AACSB-accredited degree. Applications for the fall and spring terms are reviewed until classes begin (space permitting).

Embry Riddle Aeronautical University

27. Embry Riddle Aeronautical University

College of Business

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Degree at a Glance

Accreditation:ACBSP
GMAT Score:483
Acceptance Rate:74%
Tuition (in-state):$620/credit
Tuition (out-of-state):$620/credit
Admissions Rank:#47
Academic Rank:#3
Student Success Rank:#27
Affordability Rank:#66

The Embry Riddle College of Business MBA is a unique 33-credit, AACSB-accredited program focused on business in aviation. The programs teaches students a broad range of business skills applied in the aviation management context with optional specializations in accounting, finance, leadership, information technology, marketing, international business, and public administration. Faculty must complete at least 60 hours of training before teaching, one of the highest requirements among programs on our “Best Value” list. Multiple start dates with rolling deadlines are offered during the year, and the program can be completed fully online anywhere in the world with no residency requirements.

Syracuse University

27. Syracuse University

Whitman School of Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:580
Acceptance Rate:77%
Tuition (in-state):$1443/credit
Tuition (out-of-state):$1443/credit
Admissions Rank:#17
Academic Rank:#13
Student Success Rank:#43
Affordability Rank:#70

At the Whitman School of Management at Syracuse University, students can earn an AACSB-accredited degree requiring 54 credits, including 36 credits of core courses, 15 credits of specialization electives, and three credits of US or international residency. Specializations include accounting, business analytics, entrepreneurship, finance, marketing management, and supply chain management. Each one-credit residency is three days long and can be completed at the university’s main campus in Syracuse or in rotating US and international cities. Previous residencies have been held in New York and Dublin, Ireland. New students are admitted throughout the year in January, April, July, and October with priority and final application deadlines several months ahead of time. Students with at least five years of work experience may be eligible for a GMAT waiver for their application.

George Washington University

26. George Washington University

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:530
Acceptance Rate:69%
Tuition (in-state):$1690/credit
Tuition (out-of-state):$1690/credit
Admissions Rank:#35
Academic Rank:#19
Student Success Rank:#35
Affordability Rank:#38

George Washington School of Business is home to an online, part-time MBA comprised of 55 credits. Students take four courses per term and are admitted in the fall, spring, or summer semester. Those residing in the Washington DC area may also choose to combine online classes with on-campus offerings; however, the entire degree can be completed online through both asynchronous and synchronous courses. Each start date has three rounds of admission reviews with acceptance notifications provided one month after the deadline. Students must have a bachelor’s degree and complete the GMAT to be accepted, unless they have seven years of relevant work experience.

University of Texas Tyler

25. University of Texas Tyler

College of Business and Technology

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Degree at a Glance

Accreditation:AACSB
GMAT Score:456
Acceptance Rate:87%
Tuition (in-state):$744/credit
Tuition (out-of-state):$1155/credit
Admissions Rank:#54
Academic Rank:#21
Student Success Rank:#24
Affordability Rank:#8

The online MBA offered by University of Texas Tyler’s College of Business and Technology offers great value, specifically to Texas residents who pay lower tuition fees than out-of-state applicants. There are many program options accredited by the AACSB, including either 16-week or seven-week course terms, and a number of unique specialization options, such as quality management, oil, gas, and energy, and cyber security. Prospective students should apply with a bachelor’s degree, GMAT scores, and transcripts. In some instances, up to nine hours of transfer credit may be applied towards the degree requirements. Application deadlines for the fall and spring terms are August 15th and December 20th.

North Carolina State University - Raleigh

24. North Carolina State University – Raleigh

Poole College of Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:598
Acceptance Rate:69%
Tuition (in-state):$1039/credit
Tuition (out-of-state):$1659/credit
Admissions Rank:#11
Academic Rank:#50
Student Success Rank:#30
Affordability Rank:#67

The Jenkins MBA degree at North Carolina State University’s Poole College of Management in Raleigh is an AACSB-accredited, professional degree designed for working students. The 40-credit degree can be completed in 21 months, although part-time students are given up to six years to meet degree requirements with start dates in both fall and spring. Online classes can also be combined with on-campus classes in Raleigh or Research Triangle Park, NC and two three-day residencies in Raleigh are required except for active military personnel. An optional international residency is also offered. Applications are reviewed at several points during the year with initial reviews occurring up to 10 months prior to the start date. Applicants are encouraged to apply early.

Mississippi State University

24. Mississippi State University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:580
Acceptance Rate:71%
Tuition (in-state):$426/credit
Tuition (out-of-state):$426/credit
Admissions Rank:#19
Academic Rank:#13
Student Success Rank:#76
Affordability Rank:#28

For applicants interested in the lowest overall price per credit, Mississippi State’s College of Business has a competitive price of $426 per credit for both in-state and out-of-state students. The traditional MBA degree is comprised of 30 credits and is AACSB-accredited with a flexible graduation length of up to eight years. An MBA specialized in project management for applicants with industrial engineering backgrounds is also offered and involves 36 credits of study. Students can begin the program in the fall, spring, or summer terms and should apply by August 1st, December 1st, or May 15th respectively. This program was also recognized by US News & World report in 2017 as it ranked in a tie for 18th place among online MBA programs across the country.

Southern Illinois University - Carbondale

23. Southern Illinois University – Carbondale

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:600
Acceptance Rate:63%
Tuition (in-state):$854/credit
Tuition (out-of-state):$854/credit
Admissions Rank:#12
Academic Rank:#33
Student Success Rank:#18
Affordability Rank:#80

Southern Illinois University (SIU) School of Business in Carbondale has an AACSB-accredited MBA program taught by the same faculty that teach SIU’s on-campus degree. The 42-credit degree is offered in a cohort style, can be completed in two years, and offers an optional concentration in agricultural economics. Unlike many other MBA programs that follow traditional academic schedules, this degree program only offers summer admission with early review of applications starting as early as September of the year prior to admission. Applicants generally have extensive work experience with an average of 180 months, one of the highest averages among programs on our list.

Suny College at Oswego

22. SUNY Oswego

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:555
Acceptance Rate:83%
Tuition (in-state):$600/credit
Tuition (out-of-state):$1016/credit
Admissions Rank:#20
Academic Rank:#19
Student Success Rank:#26
Affordability Rank:#42

The State University of New York (SUNY) School of Business in Oswego has both a general MBA and an MBA in Health Services Administration available fully online or through hybrid methods with the Oswego campus. The programs require 36-57 credit hours depending on undergraduate education, which may allow for some waived requirements. At SUNY College at Oswego, online MBA faculty members have extensive experience teaching online with one of the highest averages among all the programs on this list at 16 years. Applications are accepted on a rolling basis for multiple start dates during the year. Applicants must have at least a 2.6 GPA and a GMAT score of 500 to be eligible for entry.

Clarkson University

21. Clarkson University

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:533
Acceptance Rate:61%
Tuition (in-state):$1100/credit
Tuition (out-of-state):$1100/credit
Admissions Rank:#37
Academic Rank:#35
Student Success Rank:#11
Affordability Rank:#51

Students in the online MBA program at Clarkson University School of Business can complete an AACSB-accredited degree in as little as 21 months and can take advantage of a free summer intensive foundation course for students with no prior business education. The program consists of 16 courses including 11 required courses and a mandatory 400-hour internship for students with no previous work experience. These requirements can be met fully online or through a hybrid combination with on-campus courses in Schenectady, NY. Courses are taught by on-campus faculty who are known for their dedication to student communication, as they have one of the fastest response times on our “Best Value” list. Applications are accepted on a rolling basis for all terms.

University of North Texas

20. University of North Texas

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:538
Acceptance Rate:54%
Tuition (in-state):$303/credit
Tuition (out-of-state):$710/credit
Admissions Rank:#22
Academic Rank:#23
Student Success Rank:#53
Affordability Rank:#17

The 36-credit MBA program at University of North Texas School of Business is designed for busy, working professionals who want to complete an MBA degree in a short time frame. The degree can be fulfilled in as little as 14 months fully online with an optional concentration in organizational behavior and human resource management or strategic management. The online courses are asynchronous, offer maximum flexibility, and can be taken one at a time on in pairs each term. Unlike other MBA programs, start dates do not coincide with traditional schedules and are offered in January, March, June, August, and October. Students are encouraged to submit applications early, although there are not specified deadlines.

University of Nebraska - Lincoln

20. University of Nebraska – Lincoln

College of Business Administration

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Degree at a Glance

Accreditation:AACSB
GMAT Score:606
Acceptance Rate:89%
Tuition (in-state):$600/credit
Tuition (out-of-state):$600/credit
Admissions Rank:#14
Academic Rank:#8
Student Success Rank:#71
Affordability Rank:#69

The AACSB-accredited MBA degree at University of Nebraska – Lincoln College of Business Administration is offered in both online and hybrid formats. In the online program, students can earn an AACSB-accredited degree by completing 48 credit hours, including 30 credit hours of core coursework. Applicants must have prior education in both statistics and calculus to be eligible and are recommended, but not required, to have two years of management experience. Students are admitted to the program on a rolling basis and are authorized to begin taking classes as soon as their application is accepted in the fall, spring, or summer terms. The deadline for the fall term is July 1st, while the deadline for the spring term is November 1st, and the summer deadline is April 1st.

Mercer University

19. Mercer University

Stetson School of Business and Economics

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Degree at a Glance

Accreditation:AACSB
GMAT Score:525
Acceptance Rate:55%
Tuition (in-state):$727/credit
Tuition (out-of-state):$727/credit
Admissions Rank:#33
Academic Rank:#7
Student Success Rank:#63
Affordability Rank:#22

The Stetson School of Business and Economics is home to the online MBA program at Mercer University geared towards working professionals. The degree can be completed in 18 months but part-time study is common and students choose their own schedule each term, ultimately completing 36-45 credits. Concentrations are offered in marketing, finance, economics, general business, human resources, and healthcare management. Five start dates are offered in the fall, spring, and summer terms, each with a priority and a final deadline several months prior to the start date. Approximately half of all applicants are admitted to the program each year and admitted students typically have five years of work experience.

Georgia College State University

18. Georgia College State University

J. Whitney Bunting College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:526
Acceptance Rate:84%
Tuition (in-state):$739/credit
Tuition (out-of-state):$739/credit
Admissions Rank:#31
Academic Rank:#14
Student Success Rank:#7
Affordability Rank:#82

Georgia College State University participates in the Georgia WebMBA program that enables online students to complete an AACSB-accredited online MBA degree quickly. On average, students finish the program in 18 months, one of the fastest average completion times on our list. The curriculum includes 12 credits of foundational coursework that can be waived for students with accepted undergraduate study and 30 credits of required courses with no electives. One mandatory residency is required prior to the beginning of the program. Apply by July 1st for admission into the fall cohort, by November 1st for the spring semester, or by April 1st for the summer semester. Applicants must have at least two years of relevant work experience to be considered.

West Chester University of Pennsylvania

17. West Chester University of Pennsylvania

College of Business & Public Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:531
Acceptance Rate:92%
Tuition (in-state):$483/credit
Tuition (out-of-state):$493/credit
Admissions Rank:#46
Academic Rank:#7
Student Success Rank:#26
Affordability Rank:#32

The online MBA program at West Chester University College of Business and Public Management is available fully online and can be completed in two years through accelerated, asynchronous study. This AACSB-accredited degree requires 30 credits of study with the option to focus electives on entrepreneurship, project management, or business analytics to earn an additional certificate. Applications are accepted on a rolling basis from students with prerequisite coursework in foundational business areas for five start dates during the year. The tuition rates for the program are very affordable at $483/credit for in-state students and $493/credit for out-of-state students.

James Madison University

16. James Madison University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:506
Acceptance Rate:96%
Tuition (in-state):$900/credit
Tuition (out-of-state):$900/credit
Admissions Rank:#38
Academic Rank:#36
Student Success Rank:#6
Affordability Rank:#34

James Madison University’s College of Business offers a hybrid MBA with three concentration options in executive leadership, information security, or innovation. This may be a good value for students in the Harrisonburg or McLean, VA area as the program does have on-campus requirements as well as online coursework. Students can also participate in international learning experiences, which have been held in China and India in the past. The program boasts one of the highest three-year graduation rates on our list as well as some of the fastest instructor response times to student inquiries. All three MBA programs begin in the fall term and encourage applications before April 15 with rolling deadlines until July 1st, space permitting.

University of Nevada - Reno

15. University of Nevada – Reno

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:505
Acceptance Rate:79%
Tuition (in-state):$833/credit
Tuition (out-of-state):$833/credit
Admissions Rank:#26
Academic Rank:#27
Student Success Rank:#22
Affordability Rank:#48

University of Nevada – Reno offers an online Executive MBA through the College of Business. An Executive MBA helps working professionals apply coursework to specific work situations and applicants must have at least five years of work experience. This may be a good option for students who plan to finish quickly as it has one of the highest three-year graduation rates of all programs on this list. The program follows a cohort model with new students beginning each fall term and completing the 36 required courses in two years. Applications are due June 1st.

University of Illinois at Urbana Champaign

15. University of Illinois at Urbana Champaign

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:638
Acceptance Rate:21%
Tuition (in-state):$250/credit
Tuition (out-of-state):$250/credit
Admissions Rank:#4
Academic Rank:#53
Student Success Rank:#69
Affordability Rank:#14

The University of Illinois at Urbana Champaign is one of the most affordable programs on our list, charging $250 per credit hour to both in-state and out-of-state students. Subsequently, the program also has one of the lowest acceptance rates at only 21% of all applicants. The College of Business administers the online MBA, which is AACSB-accredited and focuses on management and leadership skills. The program has a cohort structure that can be completed in two years by completing 72 credit hours. Courses are organized into specialization blocks and culminate with a capstone project. The program has a unique and flexible format that uses Coursera, a Massive Online Open Course (MOOC) platform. Admissions are reviewed on a rolling basis and students are able to enroll in the foundational MOOC courses immediately, rather than waiting for the next term to begin.

University of Mississippi

15. University of Mississippi

School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:583
Acceptance Rate:39%
Tuition (in-state):$669/credit
Tuition (out-of-state):$669/credit
Admissions Rank:#8
Academic Rank:#9
Student Success Rank:#75
Affordability Rank:#53

University of Mississippi, also known as Ole Miss, offers an online MBA through the School of Business. The degree has AACSB accreditation, takes as little as two years to complete, and comprises 36 credits of broad business coursework and a capstone project. Applicants should have some prior business education and must sit for either the GMAT or GRE. New students are admitted into the program at the beginning of every term, including summer, however, it may take spring students longer to complete the program due to course availability. The program is competitive and only admits 39% of applicants, which is one of the toughest on our list.

University of Arizona

14. University of Arizona

Eller College of Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:563
Acceptance Rate:78%
Tuition (in-state):$1000/credit
Tuition (out-of-state):$1000/credit
Admissions Rank:#35
Academic Rank:#11
Student Success Rank:#39
Affordability Rank:#7

Eller College of Management at the University of Arizona offers an AACSB-accredited MBA online with six different start dates to accommodate non-traditional learners throughout the year. Applications are due approximately three weeks prior to the start date. Applicants must have at least two years of work experience and will complete 45 credits in as little as 14 months to complete the program. Concentrations are offered in entrepreneurship, health care, finance, management and organizations, management information systems, and marketing. Applicants do not need to take the GMAT if they possess an undergraduate degree in science, technology, engineering, or math with a GPA of at least 3.0, have a terminal graduate degree, or are a veteran or active military personnel.

Florida State University

13. Florida State University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:558
Acceptance Rate:64%
Tuition (in-state):$750/credit
Tuition (out-of-state):$750/credit
Admissions Rank:#42
Academic Rank:#6
Student Success Rank:#38
Affordability Rank:#17

Florida State University offers a good value online MBA program and a highly ranked program according to US News & World Report, which ranked the program in a tie for 16th place across the country in 2017. The program is delivered by the College of Business with either a general business focus or a concentration in real estate. Both programs require 39 credits including 27 credits of core courses and 12 electives. Work experience is highly recommended for both programs although real estate-specific experience is not necessarily required. Applications submitted by June 1st are accepted for fall term, by October 1st for spring term, and by March 1st for summer term.

Columbus State University

12. Columbus State University

D. Abbott Turner College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:483
Acceptance Rate:61%
Tuition (in-state):$739/credit
Tuition (out-of-state):$739/credit
Admissions Rank:#23
Academic Rank:#14
Student Success Rank:#4
Affordability Rank:#67

Based in Columbus, Georgia, Columbus State University takes part in the Georgia WebMBA program that enables online students to complete all MBA coursework online with one two-day residency required prior to the start of the program. Turner College of Business offers the program, which has a general business focus with attention given to international business contexts and leadership through 30 required credits with no electives. Applicants must have prerequisites in accounting, quantitative analysis, and finance to be admitted. The program begins in the fall term with applications due by June 30th.

Auburn University

11. Auburn University

Raymond J. Harbert College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:572
Acceptance Rate:70%
Tuition (in-state):$850/credit
Tuition (out-of-state):$850/credit
Admissions Rank:#15
Academic Rank:#15
Student Success Rank:#15
Affordability Rank:#64

Auburn University’s Harbert College of Business offers an online MBA program for students based in the US or internationally-based US military personnel. The program consists of 39 credits, including 27 core courses. Students can begin the program in either fall or spring with optional on-campus orientations held before each start date. Applications are reviewed starting February 1st for fall admission and September 1st for spring admission. GMAT waivers are possible for students with either JD or PhD degrees. This online degree program was ranked in a tie for 10th among similar programs across the country by US News & World Report in 2017. Online students can also benefit from the faculty’s extensive online teaching experience with an average of 15 years, one of the highest of the programs on our list.

Florida International University

10. Florida International University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:520
Acceptance Rate:54%
Tuition (in-state):$1000/credit
Tuition (out-of-state):$1000/credit
Admissions Rank:#18
Academic Rank:#54
Student Success Rank:#5
Affordability Rank:#59

Working professionals may find the AACSB-accredited Corporate MBA at the College of Business at Florida International University a good value. The program includes 42 credits that can be completed in as little as 18 months. Specializations include entrepreneurship and innovation, finance, international business, marketing channel strategy, business analytics, and strategic negotiations. Faculty have at least 80 hours of initial training, which is one of the highest in our list of programs. The program is also competitive, with approximately half of all applicants admitted to the program. Four start dates are offered in August, October, January, and March with applications due approximately one month prior. Applicants with four years of work experience may be eligible for a GMAT waiver on a case-by-case basis.

Desales University

10. DeSales University

Division of Business

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Degree at a Glance

Accreditation:ACBSP
GMAT Score:Not Provided
Acceptance Rate:87%
Tuition (in-state):$815/credit
Tuition (out-of-state):$815/credit
Admissions Rank:#57
Academic Rank:#4
Student Success Rank:#12
Affordability Rank:#38

DeSales University Division of Business offers a part-time program with four start dates during the year and many specialization options. Students can begin taking classes as soon as an application is approved. The degree requirements include 36 credits of core, concentration, and elective courses, as well as a capstone project. Applicants should have at least two years of work experience and an undergraduate degree. If the GPA is higher than 3.0, the GMAT requirement can be waived. For students worried about student debt, take note that DeSales online MBA graduates have some of the lowest rates of student debt upon graduation on our list.

University of Maryland College Park

9. University of Maryland College Park

Robert H. Smith School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:602
Acceptance Rate:68%
Tuition (in-state):$1481/credit
Tuition (out-of-state):$1481/credit
Admissions Rank:#36
Academic Rank:#89
Student Success Rank:#55
Affordability Rank:#45

The Smith Online MBA from University of Maryland College Park is ranked #9 in the country by US News & World Report and is AACSB-accredited. In two years, students can complete 44 credits, including two residencies, and earn a specialization in accounting, finance, information systems and business analytics, marketing, or supply chain management. The program also focuses on the skills needed for entrepreneurship and innovation. Applicants can choose from four start dates during the year with application deadlines on August 1st, November 1st, February 1st, and May 1st. Online classes are taught by the same on-campus faculty who teach traditional on-campus courses.

Arizona State University

9. Arizona State University

W. P. Carey School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:592
Acceptance Rate:64%
Tuition (in-state):$1435/credit
Tuition (out-of-state):$1435/credit
Admissions Rank:#21
Academic Rank:#17
Student Success Rank:#23
Affordability Rank:#21

While per credit costs may be higher for Arizona State University’s online MBA program compared to others on our list, the program is highly ranked as the #5 program in the country in 2017 by US News & World Report. The Carey School of Business attracts seasoned professionals with an average of seven years’ experience and average GMAT score of 592. Courses are taught in five-week blocks one at a time to provide an immersive learning experience. These online courses are taught by on-campus faculty to ensure online students receive the same quality of instruction compared to the traditional program. The program begins in August and January with various early, priority, international, and final deadlines throughout the year. Students may submit either GMAT or GRE scores with their application package.

University of Southern California

8. University of Southern California

USC Marshall School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:630
Acceptance Rate:46%
Tuition (in-state):$1778/credit
Tuition (out-of-state):$1778/credit
Admissions Rank:#5
Academic Rank:#14
Student Success Rank:#57
Affordability Rank:#15

Another highly-ranked online MBA program is the University of Southern California (USC) Marshall School of Business’s AACSB-accredited, 51 credit program. Students take courses in key business areas through both asynchronous and synchronous methods, so this program may appeal to students who want to connect with other classmates and faculty in real time as part of their online experience. No concentrations, internships, or research projects are required, although a capstone project may be pursued at the end of the program. Applications are reviewed on a rolling basis for start dates throughout the year.

Washington State University

7. Washington State University

Carson College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:568
Acceptance Rate:58%
Tuition (in-state):$750/credit
Tuition (out-of-state):$750/credit
Admissions Rank:#13
Academic Rank:#6
Student Success Rank:#38
Affordability Rank:#39

Washington State University offers an affordable, fully-online MBA experience for both in-state and out-of-state students through the Carson College of Business. The program has an international business focus including an optional 10-day field study in Asia. Students can either complete 36 credits for a general MBA or pursue a concentration in marketing, finance, international business, or hospitality business management. Start dates are offered in January, May, and August, with applications due approximately one month prior. The GMAT waiver option may be attractive to applicants with at least a 3.0 GPA in undergraduate study, compelling recommendation letters, and either a previous graduate degree or seven years of work experience.

Pepperdine University

7. Pepperdine University

Graziadio School of Business and Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:565
Acceptance Rate:71%
Tuition (in-state):$1670/credit
Tuition (out-of-state):$1670/credit
Admissions Rank:#23
Academic Rank:#31
Student Success Rank:#3
Affordability Rank:#21

At Pepperdine University’s Graziadio School of Business and Management, working professionals can earn an AACSB-accredited MBA degree online with a concentration in finance, leadership and managing organizational change, marketing, or general management. The 52-credit degree takes as little as two years to complete in the general stream, while the concentrations may require an additional term of work. Applicants must have at least two years of work experience; however, a GMAT waiver may be issued if the applicant has at least five years of experience and a quantitative undergraduate or graduate degree. Admissions are structured for fall and spring terms with three rounds of application deadlines throughout the year. Students at Pepperdine can look forward to highly-engaged faculty with one of the fastest response times of programs on our list, at four hours.

University of South Florida - St. Petersburg

6. University of South Florida – St. Petersburg

Kate Tiedemann College Of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:550
Acceptance Rate:47%
Tuition (in-state):$462/credit
Tuition (out-of-state):$907/credit
Admissions Rank:#13
Academic Rank:#11
Student Success Rank:#17
Affordability Rank:#18

The online MBA program at the University of South Florida – St. Petersburg offered by the Kate Tiedemann College of Business was ranked #7 across the country in 2018. This program is AACSB-accredited, requires a minimum of 36 credits, and offers career advising and internship opportunities to prepare graduates for work. Several program themes and concentrations are offered, including the unique healthcare analytics stream. The program is self-paced so that students can take as many or as few courses as they choose each semester. Applications are accepted on a rolling basis for fall, spring, and summer term start dates.

Ball State University

5. Ball State University

Miller College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:571
Acceptance Rate:78%
Tuition (in-state):$394/credit
Tuition (out-of-state):$590/credit
Admissions Rank:#15
Academic Rank:#4
Student Success Rank:#28
Affordability Rank:#24

The Miller College of Business at Ball State University offers a very affordable online MBA that costs $394 per credit for Indiana residents or $590 for out-of-state residents. Neither work experience nor an undergraduate degree in business is required. Students can begin in the fall, spring, or summer terms and should submit their applications by July 1st, December 1st, or April 1st respectively. The program requires 30 credits and can be completed as a general business degree or with a specialization in entrepreneurship, finance, health economics, policy, and administration, logistics and supply chain management, or sales management. Ball State University’s program was ranked in a tie for 12th place by US News & World Report in 2017 among similar online MBA programs.

Clarion University of Pennsylvania

5. Clarion University of Pennsylvania

College Of Business Administration & Information Sciences

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Degree at a Glance

Accreditation:AACSB
GMAT Score:456
Acceptance Rate:95%
Tuition (in-state):$483/credit
Tuition (out-of-state):$522/credit
Admissions Rank:#44
Academic Rank:#1
Student Success Rank:#10
Affordability Rank:#53

Clarion University of Pennsylvania’s College of Business Administration and Information Sciences offers an affordable MBA degree program fully online that is taught by experienced faculty who have an average of 18 years of online teaching experience. Several concentrations are offered in finance, healthcare, and innovation and entrepreneurship, although a general business degree is also available. At least 33 credits must be completed to graduate, including core and elective courses, with additional foundational courses required for students without prerequisites in key business areas. Applications are reviewed on a rolling basis for start dates throughout the year. A bachelor-to-master’s program is also also offered, which takes five years to complete.

University of Florida

4. University of Florida

Warrington College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:578
Acceptance Rate:54%
Tuition (in-state):$1113/credit
Tuition (out-of-state):$1113/credit
Admissions Rank:#17
Academic Rank:#12
Student Success Rank:#5
Affordability Rank:#12

The online MBA at the University of Florida Warrington College of Business is AACSB-accredited and was awarded a 5th place tied finish by compared to similar online MBA programs across the country. Students with undergraduate degrees in business can take the 16-month accelerated program, while all other students can take the 27-month program. Both require on-campus residencies and at least 32 credits of coursework. Several concentrations are offered and students can combine concentrations to meet the program requirements. Applicants must have at least two years of work experience and are admitted to the MBA program on a rolling basis throughout the year with several rounds of deadlines for the fall, spring, and summer terms.

University of Wisconsin

4. University of Wisconsin

University of Wisconsin MBA Consortium

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Degree at a Glance

Accreditation:AACSB
GMAT Score:501
Acceptance Rate:70%
Tuition (in-state):$638/credit
Tuition (out-of-state):$638/credit
Admissions Rank:#42
Academic Rank:#5
Student Success Rank:#17
Affordability Rank:#19

At the University of Wisconsin MBA Consortium, students can earn an online MBA degree with a general business focus accredited by the AACSB. This degree program was ranked in a tie for 12th place among online MBA programs by US News & World Report in 2017. The program offers great value to both in-state and out-of-state students who are charged the same rate per credit ($638). Students complete 30 credits, including 17 core credits and 13 elective credits across a wide range of topics. Applications are accepted for fall, spring, and summer terms with priority and final deadlines several months prior to the start date.

The University of Texas at Dallas

3. The University of Texas at Dallas

Naveen Jindal School of Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:616
Acceptance Rate:39%
Tuition (in-state):$706/credit
Tuition (out-of-state):$1245/credit
Admissions Rank:#2
Academic Rank:#10
Student Success Rank:#37
Affordability Rank:#6

The University of Texas at Dallas is home to the Naveen Jindal School of Management and a competitive, professional, online MBA degree program. The program is well-recognized for providing a quality degree experience as it was ranked in 7th place in the online MBA category in 2017 by US News & World Report and had an average undergraduate GPA of 3.6, one of the highest among programs on our list. Given these high standards, it is no surprise that only 39% of all applicants are admitted. Students take 53 credits including 23 electives, although not all electives are offered in the online program. The program only admits new students in the fall and there are four admission rounds throughout the year with a final deadline in June.

West Texas A&M University

3. West Texas A&M University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:540
Acceptance Rate:61%
Tuition (in-state):$380/credit
Tuition (out-of-state):$410/credit
Admissions Rank:#24
Academic Rank:#4
Student Success Rank:#19
Affordability Rank:#5

While there are many top online MBA degrees based in Texas on our list, our best value pick from the “Lone Star State” is West Texas A&M University’s online MBA offered through the College of Business. This is one of the most affordable programs with a price tag of $380 per credit for in-state students and $410 per credit for out-of-state students. Other benefits are that the program can be completed fully online and is AACSB-accredited. West Texas A&M offers to waive the common GMAT requirement for applicants with at least a 3.0 GPA from undergraduate studies. New students are admitted on a rolling basis throughout the year.

Pennsylvania State University World Campus

2. Pennsylvania State University World Campus

Smeal College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:546
Acceptance Rate:89%
Tuition (in-state):$1185/credit
Tuition (out-of-state):$1185/credit
Admissions Rank:#36
Academic Rank:#1
Student Success Rank:#1
Affordability Rank:#27

Pennsylvania State University’s World Campus Smeal College of Business offers an online MBA that was ranked as #8 of all similar programs across the country in 2017 by US News & World Report. Although the overall cost of the degree is higher than some on our list, this program is incredibly flexible as it can accommodate full-time and part-time studies. Students who hope to finish their studies in a short amount of time will be happy to know that Penn State’s online MBA program has one of the highest three-year graduation rates on our list; however, the university permits students up to eight years to complete their studies. Another reason this program presents good value is the high number (17 years) of average teaching experience of the faculty, one of the highest on our list. Students are admitted in the fall and spring terms with early and standard deadlines several month ahead of the start dates.

Temple University

2. Temple University

Fox School of Business and Management

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Degree at a Glance

Accreditation:AACSB
GMAT Score:582
Acceptance Rate:45%
Tuition (in-state):$1245/credit
Tuition (out-of-state):$1245/credit
Admissions Rank:#13
Academic Rank:#1
Student Success Rank:#10
Affordability Rank:#35

If the best online MBA program is what you are looking for and you don’t mind scheduled class times online, the Fox School of Business at Temple University might meet your needs. This program holds the prestigious #1 spot of all online MBAs across the country and the #1 spot for online MBAs for veterans according to US News & World Report in 2017. The program comprises 48 credits with optional specializations and a mandatory capstone project. Courses have both synchronous and asynchronous components so that students can interact with colleagues and faculty in real time. Admissions are competitive with fewer than half of all applicants admitted to the program. New cohorts are accepted for fall, spring, and summer with priority and final application deadlines prior to the start date. The Fox online MBA offers two concentrations comprised of nine credits each, Marketing Management and Human Resource Management.

Indiana University Bloomington

2. Indiana University Bloomington

Kelley School of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:641
Acceptance Rate:83%
Tuition (in-state):$1300/credit
Tuition (out-of-state):$1300/credit
Admissions Rank:#9
Academic Rank:#1
Student Success Rank:#5
Affordability Rank:#62

The MBA degree from the Kelley School of Business is a well-recognized, 51-credit general business online MBA offering from Indiana University Bloomington. In fact, the program attracts many international students and has one of the highest levels of diversity among schools on our list. The program does have a required residency at the start, after which all classes are offered online. The application process is competitive, with one the highest average GMAT scores of new entrants on our list at 641. By attending Indiana University Bloomington, students receive a well-recognized degree that is ranked 3rd across the country overall and 2nd as a choice for veterans according to US News & World Report in 2017. Applications are accepted on a rolling basis for four start times during the year.

Arkansas State University

1. Arkansas State University

College of Business

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Degree at a Glance

Accreditation:AACSB
GMAT Score:602
Acceptance Rate:76%
Tuition (in-state):$587/credit
Tuition (out-of-state):$587/credit
Admissions Rank:#3
Academic Rank:#4
Student Success Rank:#2
Affordability Rank:#68

Arkansas State University College of Business delivers an online MBA degree for busy professionals with relevant work experience including a concentration in supply chain management. The program comprises 27 credits and offers internships that count as three-credit electives. Even though students complete their coursework online, faculty are there to help and have some of the fastest response times to student inquiries of programs on our “Best Value” list. The program attracts high-achieving undergraduate students with a 3.7 GPA average among successful applicants and credits are priced affordably for in-state and out-of-state students at $587. This degree was ranked in a tie for 10th place among similar programs and 3rd for military-friendliness among online MBAs by US News & World Report in 2017.

University of North Carolina at Chapel Hill

1. University of North Carolina at Chapel Hill

Kenan Flagler Business School

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Degree at a Glance

Accreditation:AACSB
GMAT Score:670
Acceptance Rate:45%
Tuition (in-state):$1585/credit
Tuition (out-of-state):$1585/credit
Admissions Rank:#4
Academic Rank:#20
Student Success Rank:#2
Affordability Rank:#2

Our most highly-ranked “Best Value” online MBA is offered by the University of North Carolina at Chapel Hill’s Kenan Flagler Business School. While the cost per credit is higher than some on our list, the program is highly-recognized and attracts high caliber applicants. In fact, successful applicants have an average GMAT score of 670, the highest on our list of “Best Value” programs, and fewer than half of all applicants are successful in their application. The program consists of 66 credits over at least 24 months, offers eight specializations, and provides students with the opportunity to complete electives in international cities around the world. New applicants are accepted on a rolling basis four times per year in October, January, April, and July with several priority deadlines.

No GMAT Online MBA Programs

Graduate school applicants in all fields face the daunting task of taking and passing a graduate level admission test, and is also true for the many in the business management field who aspire to further their education beyond a bachelor’s. The Graduate Management Admission Test (GMAT) is the usual examination required for entry into an online MBA program. However, schools are increasingly waiving this requirement for reasons that we will discuss below. Let’s first take a look at the GMAT and the challenges it presents.

The GMAT is used as an entrance examination for a large number of graduate business colleges internationally. It measures the test taker’s analytical, problem solving, quantitative, and verbal abilities that are considered integral to potential success in business management programs. The GMAT is a standardized test, which is timed and allows test-takers approximately two minutes to complete each question. Since test-takers are penalized for leaving answers blank and are often presented with more than one similar answer in the choices, the GMAT encourages guesswork, which may not be representative of ability. Furthermore, test takers who are able to spend time and money on preparatory courses tend to do better on the exam than those who cannot adequately prepare. For these reasons, it may be attractive to some potential online MBA students to seek out programs that waive the GMAT requirement.

Why are more business schools waiving the GMAT? Colleges offering the MBA have recognized that there are strong indicators of graduate school success aside from standardized test scores, so this shift has are some of the additional indicators that colleges, especially online programs, have found predict success in MBA programs.

  • Success in undergraduate programs: A graduating GPA of 3.0 or higher is an indicator of probable success in graduate school.
  • Undergraduate grade point average (GPA): The top MBA programs require a 3.50 GPA for a GMAT waiver.
  • Work experience: Many schools waive the GMAT requirement for management professionals with two or more years of documentable work experience.
  • A previous graduate degree: If an applicant already has a graduate degree in another major, the GMAT is often waived.
  • Graduate Record Examinations (GRE) test scores: GRE scores are generally accepted in place of GMAT scores.
  • AACSB graduates: A recent graduate of an Association to Advance Collegiate Schools of Business (AACSB) accredited program may be accepted without having to take the GMAT.
  • Possession of certain licenses: Those who are credentialed with a CPA, CFA, CMA or have been admitted to the bar may be able to have the GMAT waived.

Non-GMAT online MBA programs may include or rely more heavily on the following elements:

  • The regional accreditation of the institution granting the bachelor’s degree.
  • Documented professional experience of two to 15 years.
  • A resume listing experience and accomplishments.
  • At least three letters of recommendation from professionals or academics familiar with the applicant’s achievements.
  • A statement of professional goals that relates to the MBA program.
  • Essays on solutions to business problems.
  • Records of all undergraduate, certificate and other formal training received.

The good news? More and more online MBA programs are waiving the GMAT requirement, so if you meet one or more of the alternative requirements, you may be able to be accepted into business school without having to take the GMAT.

How to Choose the Right MBA Program Online

Each year, over 150,000 individuals in the United States alone are awarded traditional campus or accredited online MBA degrees. The receipt of an online MBA degree marks a momentous occasion in graduates’ lives, as they gear up for a rewarding professional career, one many of them roadmapped years before joining a business school. Almost 90% of online MBA program graduates state that their degree has been beneficial to them. But choosing an online MBA program is not easy; in fact, there are many things to think about before settling for one.

The Top 5 Things to Consider before Choosing an Online MBA Program

1. Flexibility

When considering an MBA program, you should look at the duration of each program and the flexibility they offer. Managing a job while pursuing an MBA degree is not easy. If you are a working student, the program should ideally allow you to make changes or adjustments if you need to focus on your career. A lot of schools allow online students to complete an MBA program in three to five years. Having more time to complete your degree will give you more flexibility so that you do not have to compromise your job responsibilities.

It’s not just the long-term flexibility that matters. You should also consider to the every day flexibility offered by the program, such as whether the online coursework is offered synchronously or asynchronously. Synchronous learning requires students to be present at certain times for lectures, presentations, or class discussions. Asynchronous learning allows students to participate in coursework at their own pace without scheduled lectures or start and stop times. Inherently, asynchronous learning is more flexible than synchronous learning, so it is more conducive to a working professional’s busy schedule.

2. Interaction with Peers and Faculty

An MBA program isn’t just about the coursework and skills taught. A solid MBA program also provides learning opportunities through networking, mentoring, and peer interaction. Even online MBA programs should provide a high level of interaction with professors and fellow students. Faculty teaching online programs should be available to students for consultation, and discussion should be facilitated between online students so that they can forge relationships that last beyond graduation.

3. Access to Resources and Services

Some schools offering online MBA degrees may compromise on their quality. So when choosing an online MBA, it is necessary to verify that online students have access to the same resources as on-campus students. For example, the faculty should be primarily the same for both the online and on-campus programs. Online students should also receive access to the same services as the on-campus students, including services such as career placement and academic advising.

4. Accreditation

Accreditation is important for any undergraduate or graduate program because many potential employers will place a higher value on accredited programs. The accreditation bodies that are among most widely valued are the Association to Advance Collegiate Schools of Business (AACSB International or AACSB), the Association of MBAs (AMBA), or European Quality Improvement System (EQUIS through the European Foundation for Management Development or EFMD). For more about accreditation, see the section on accreditation below.

5. Return on Investment (ROI)

Earning an MBA degree should theoretically help you in your career. While an MBA degree is an investment, think of it as an investment that will offer a direct return for your money. It’s a good idea to understand ahead of time the potential effect an MBA will have on your career so that you can weigh that potential with the upfront cost of the degree. If your new MBA helps you land that promotion you’ve been after, how many years will it take to earn back what you spent on the MBA?

It is important to choose a program that suits not only your career goals but also your budget.
When evaluating the ROI, consider the curriculum offered by the program. Make sure it is in line with your career goals and that it focuses on present-day business standards. Compare the online curriculum to the on-campus curriculum to ensure they are similar or the same.

Steps for Choosing an MBA Program Online

If you still need more direction, follow these basic steps:

  1. Make a list of your interests, skills, and future goals. This is your starting point, so make sure your goals are tangible and attainable.
  2. Determine whether obtaining an MBA is likely to achieve your goals. Also consider whether there are better or more cost-efficient ways to meet your goals.
  3. Check out the business schools offering the MBA programs and specializations that interest you. Review the curriculum, career services, online portal, campus, alumni networks, faculty, and other aspects of the full MBA program experience.
  4. Talk to peers, seniors, colleagues, or get on discussion boards to tweak and refine your decisions.
  5. Make a list of pros and cons of each program and compare the attributes that are most important to you.
  6. Narrow down your list. Using the knowledge you have collected, pick your top three to five MBA programs and record the application date for each.
  7. Apply to your top three to five programs, not just one! That way, even if you are not accepted into your first choice, you will still have other top choices to fall back on, without missing any deadlines.
  8. Finally, you should be prepared to choose an MBA program that will best fulfill your needs and further your career goals.

Online MBA Program Accreditation

Introduction: What Is MBA Accreditation?

Accreditation refers to a process through which schools, colleges, universities, and other higher education bodies are validated. There are standards that these centers of higher learning must meet in order to receive accreditation, which are set by an authorized accrediting agency. For online MBA programs, accreditation comes from agencies such as AACSB, AMBA, and EQUIS. Each of these agencies has a board comprised of faculty members from various educational institutions. This board takes on the responsibility of setting the accreditation standards.

A college or university is accredited after areas such as the following pass a review by the accrediting body:

  • Overall Mission of the College
  • Objectives and Goals
  • Student Requirements for Admissions
  • Services Available to Students
  • Quality of Education
  • Reputation of Faculty

Accreditation can make the difference between embarking on an exciting career path or being saddled with debt and worthless college credits.

When a school or college has passed an accreditation process, it usually means that its degrees will tend to be valued by employers. That is why it is important to make sure that your Master of Business Administration degree and business school have the right accreditation.

The accreditation process is often a rigorous one. As mentioned above, there are several areas that are assessed and evaluated, including faculty, services, infrastructure, curriculum and various other things. In order to gain the right accreditation, the institute must pass the expected standards in each of the areas evaluated by a certain body. The overall evaluation process takes a long time, so accreditation is usually granted within a period of years. For example, the AACSB’s initial accreditation process takes about three to five years. And accreditation is not a one-time process; it is a continuous evaluation that occurs periodically to ensure that a college or university continually maintains these standards. In order to maintain the accreditation, the institute must prove that it is constantly developing and improving. The idea is to make sure that the institute and its programs remain relevant and adaptable to the ever-changing higher education and business environment.

Accreditation is a stamp of quality and prestige for a business school and its MBA programs.

Top Accrediting Bodies

There are three top agencies that are responsible for accrediting Master of Business Administration programs across the globe. They are:

1. AACSB

“AACSB” stands for Association to Advance Collegiate Schools of Business. It is a US and Singapore-based accrediting agency that is responsible for accrediting undergraduate and graduate business programs all over the world. The agency was established in 1919 and has accredited business degrees and schools across more than 40 countries. In 1980, the AACSB started accrediting accounting programs as well. An AACSB accreditation holds a lot of value, ensuring that accredited schools “have the highest-quality faculty, deliver relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools.”1 In fact, less than 5% of the over 16,000 business schools in the world have qualified for accreditation by the AACSB.1 The AACSB conducts an evaluation of a program or school every five years. Only 700 institutions in the world enjoy an AACSB accreditation and 75% of those institutes are in the US.1

2. AMBA

The “AMBA” or Association of MBAs is based in London, England. The agency has accredited business programs and schools in more than 49 countries. About 61% of AMBA-accredited MBA programs and business schools are located in Europe. In the US, only 2% of business programs and schools have AMBA accreditation. The AMBA began its operations in the 1980s. The agency is also responsible for accrediting other programs such as DBAs (Doctor of Business Administration) and MBMs (Master of Business and Management). The AMBA evaluates areas such as curriculum, faculty, strategy, assessment methods, and mission. According to AMBA standards, at least 25% of the faculty at a given school should possess a master’s or doctoral degree in a relevant field.

Accreditation by a national or regional accrediting body creates a gateway for students to participate in more federally funded and state financial aid programs.

3. EQUIS

“EQUIS” stands for European Quality Improvement System. It is an accrediting agency operated by the EFMD Management Development Network. EQUIS is responsible for accrediting undergraduate, graduate, and doctoral programs, especially online MBA programs. The agency evaluates areas such as resources, corporate connections, faculty, governance, programs, research and development, students, and even contributions to the community. Only three schools in the United States are accredited by EQUIS.

Accreditation and Financial Aid

As mentioned, pursuing an online MBA program can be very expensive. That’s why most students seek some sort of financial assistance to support their education. The financial assistance can come from a wide range of sources in the form of grants, loans, assistantships, and scholarships.

Financial aid from federal and state governments have conditions associated with them, one of which is that the school or program must be accredited by a national or regional accrediting agency that is recognized by the US Department of Education. This is yet another reason why accreditation is important. It proves to the government that the institute offers high-quality education to citizens, which is why they are willing to provide financial assistance to students.

Accreditation organizations evaluate the quality standards of a business school’s teaching, faculty, services, and students, among other things.

Search MBA Online Degree Programs by State

Even online MBA degree applicants should explore degree programs offered in their home states as some universities offer lower tuition rates for in-state students. Use our state pages to learn more about top accredited online MBA programs offered close to home or your preferred state across the country.


References:
1. AACSB, Best Business Schools: http://bestbizschools.aacsb.edu/aacsb-accredited
2. Universities Common Data Set: http://www.commondataset.org/
3. National Centre for Education Statistics: http://nces.ed.gov/collegenavigator/
4. Online Learning Consortium: https://onlinelearningconsortium.org/
5. The Network of International Business Schools: https://www.nibsweb.org/