The value of a Master of Business Administration or MBA degree is undeniable for many professionals who want to spur some growth in their career and entrepreneurial opportunities. But taking time out to go to classes on campus for up to two years to earn the degree with a traditional, in-person program is inconvenient and doesn’t work with a full-time job for most.
The rise of online MBA programs around the world has filled the niche matching up qualified, interested executive students with online MBA programs from highly sought-after universities. With so many to choose from, determining the top online MBA program for growth and opportunities can be difficult. So we have ranked the top 10 best online MBA programs for executives wishing to attend classes in pursuit of this prestigious degree.
Online MBA Programs
For each of the MBA programs in our list, we have evaluated what each school offers MBA students, published rankings, networking opportunities, learned skills, and tuition. Most programs deliver exclusive offerings for MBA students along with excellent opportunities for networking. Others offer specific or unique courses or skills with their online coursework as well. Tuition costs for the academic year 2022 are noted for each online program.
10. University of Texas – Dallas (Naveen Jindal)
This University of Texas satellite campus just north of Dallas is a highly ranked business school that is accredited by the gold standard of business schools, the Association to Advance Collegiate Schools of Business (AACSB). Over 75% of all students are working full-time when first attending online courses, indicating this online program’s appeal to executives. With a completely flexible course pathway, MBA students can customize their degree plans to meet their needs. International students can study here through the global MBA program called Global Leadership MBA Program or GLEMBA.
Published Rankings: #6 US News & World Report; #10 Best MBA for Return on Investment, US News & World Report
Networking: The GLEMBA program offers a full complement of scheduled events both virtual and in-person to meet and network with other students, business and community leaders.
Skills: 21 different concentration areas to choose from like Finance, Energy Management, and Supply Chain Management. In addition, by approval online candidates can also focus on Project Management, Executive and Professional Coaching, Organizational Consulting, Strategic HR, or Transformational Leadership.
Tuition: $36,000 (Texas resident), $65,000 (Nonresident)
9. Arizona State University (Carey)
The prestigious W. P. Carey School of Business in Tempe, Arizona, is fully AACSB accredited, and their online MBA program offers 12 concentrations within the online MBA program degree. Taking an average of two years to graduate from this fully online program, this unique program enrolls students in one class at a time for a short five weeks each.
Published Ranking: #6 US News & World Report; #4 EdSmart; #1 US News & World Report for online General Management MBA
Networking: The office of Career Management and Employer Engagement connects online students with professionals in the field during and after completing the MBA program at ASU. With over 100,000 Carey alumni around the world, students will benefit from networking opportunities offered by the program to connect with these valuable professionals.
Skills: The most popular concentrations within the online MBA program are Finance, International Business, Marketing, Quantitative Analysis/Statistics, and Operations Research and Supply Chain Management/Logistics.
8. University of Florida (Warrington)
This southern school offers a 1 year MBA option in addition to a traditional online program that is typically finished in two years. Fully accredited by AACSB, UF’s online program was one of the first when it started in 1999. UF does require an in-person orientation for the online 1 year MBA and regular online MBA programs, but otherwise, all coursework is 100% online. All coursework is asynchronous, providing total flexibility for students working during the program. Experiential learning is part of the online program with options to participate in a Global Immersion Experience’s one-week international study trip or the Global Business Concepts course, among offerings. All UF students who start the program together remain together for all semesters, encouraging strong relationships and a powerful network of cohorts. An executive MBA program is offered at UF with 4 weekend visits per term required in conjunction with online learning the rest of the term.
Published Ranking: #5 US News & World Report; #6 Financial Times
Networking: Local social events and Networking Nights are provided for cohorts to encourage relationship-building during the program as well as networking with UF MBA alumni. UF partners with the National Black MBA Association and provides opportunities for students and alumni of Warrington’s program to connect.
Skills: Accounting, Brand Equity, Business Law, Business Policy, Corporate Finance, E-Commerce, Entrepreneurship, Marketing Management, Operations Management, Personal Finance, Professional Writing.
7. University of Southern California – Marshall
This private SoCal school is fully AACSB accredited and offers a five-semester, 1 year MBA program with both synchronous and asynchronous classroom requirements. Students learn in a flexible cohort model at USC-Marshall’s online program for MBAs. Online students can also participate in a student health insurance plan. The first week of this online program requires students to attend the USC-Marshall campus for orientation, begin coursework and make connections with their cohort and attending faculty.
Published Ranking: #4 US News & World Report; #4 Fortune
Networking: Over 88,000 alumni in 92 countries provide a large alumni base for making professional connections. Cohort in-person and virtual meetups encourage networking during the program.
Skills: Coursework is based on learning objectives in cross-disciplinary classes focusing on marketing, finance, management, accounting, and entrepreneurship.
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6. Duke University (Fuqua)
The Global Executive MBA (GLEBA) at Duke University is fully AACSB accredited that takes 21-months to complete. The Global Executive MBA hybrid program combines online learning and short, intensive residencies for this international MBA program. Seven online learning terms are punctuated by residencies in Asia, Europe, and North Carolina along with an orientation and elective coursework on the Duke campus at the end of the GLEBA degree.
Published Ranking: #12 US News & World Report
Networking: Corporate presentations, networking nights, career expos, and company office hours all offer opportunities for networking in the GLEBA program.
Skills: Accounting, Cross-Cultural Communications, Decision Models, Finance, Global Economies, Global Finance, Management, Marketing.
5. Pennsylvania State University – World Campus (Smeal)
This teamwork-based curriculum at the World Campus allows MBA students to customize their start date, curriculum, and specializations within the 48-credit degree. With 24 concentrations available with this degree, students have a huge variety of options to create an online MBA that fits their professional needs and learn the skills they require. The course scheduling is very flexible with asynchronous learning allowing them to complete their degree at their own pace. On-campus residencies are available for students who begin their coursework during the summer months but are not required for fall or spring start dates.
Published Ranking: #5 TheBestSchools
Networking: More than 692,000 are in the PSU alumni network available to students with an MBA from Penn State’s World Campus.
Skills: Some of the top skill concentrations of the 24 offered are accounting foundations, business sustainability foundations, homeland security, marketing analytics, and strategic leadership.
4. University North Carolina – Chapel Hill (Keenan-Flagler)
The UNC online program for MBAs is STEM-designed, making it unique in our list of top online MBA programs. Global learning opportunities are also options in this AACSB accredited program. Students can choose from five concentrations and 25 electives to customize their degree plan. Two in-person Summits are required as part of the online degree program around the world on the UNC campus. UNC also offers a Weekend Executive MBA program, combining monthly weekend visits to the campus with online learning to complete this similar degree.
Published Ranking: #1 Fortune; #4 Financial Times
Networking: Students will have access to over 42,000 alumni for networking after graduation from the program.
Skills: Data Analytics and Decision Making, Entrepreneurship, Finance, Marketing, Strategy and Consulting.
3. Warwick Business School (UK)
The UK’s Warwick offers three-part programs that can be completed in two to three years or extended up to eight years for the busy business student. The Distance Learning London MBA program and the regular Distance Learning MBA are both considered part-time programs that both require up to two weeks of in-residence learning. Students from an average of 90 countries participate in asynchronous and synchronous learning. Students benefit from a variety of educational materials in the world-class business school program.
Published Ranking: #1 The Economist; #1 Financial Times
Networking: Warwick boasts over 53,000 alumni based in 167 countries to guarantee a large networking base for MBA students in their online programs. Networking events are held around the world for current and graduated students.
Skills: Accounting, Economics, Finance, Market Analysis, Modelling and Analysis, Operations Management, Organizational Behavior, Strategic Advantage.
Tuition: £35,650 (approximately $48,000USD)
2. Indiana University – Bloomington (Kelley)
Fully accredited by the AACSB, students at the Kelley Business School’s online MBA program study on the quarter system and on average take two years to graduate from the program. Indiana’s unique approach offers seven major concentrations along with customization of up to 50% of all electives in the highly ranked Kelley Direct MBA program. Students can take Global or Domestic Immersion courses, and weekly synchronous courses are presented one day per week to provide live interaction, connection, and instruction with instructors and other students in the program.
Published Ranking: #1 US News & World Report; #1 The Princeton Review
Networking: With over 123,000 Kelley alumni and an active alumni webinar series connecting students to professionals in the field, online students from the Kelley Direct MBA program will have multitudes of opportunities to network.
Skills: Students will have a deep specialization in either Analytics, Digital Technology Management, Finance, Marketing, Strategy, and Leadership or Supply Chain Operations.
1. IE Business School (Madrid)
This international program based in Madrid offers a Global MBA degree for speakers of English and Spanish. Two week-long residencies in Madrid are required as part of the Global MBA program built on three modules that can be completed in 17, 24, or 30 months based on students’ needs and schedules. Core courses are begun together with a cohort while electives round out the program at a student’s own pace. Courses are taught synchronously with mandatory attendance and also include asynchronous activities as well. All coursework is the same for all students including electives.
Published Ranking: #1 Wall Street Journal; #1 Business Week-Europe; #1 QS
Networking: Cohort networking begins immediately with the residency experiences and continues during and after the program with the IE Talent & Careers network. Worldwide networking events are planned as well as life-long access to the IE bank of over 61,000 alumni professional profiles from 165 countries.
Skills: Information Systems, Intercultural Skills, Finance, Marketing, Operations, Strategy
Tuition: €51,200/program (approximately $58,500 USD)
Most MBA programs require GMAT test scores for admissions. Start getting ready for the GMAT with these resources: