The value of a Master of Business Administration or MBA degree is undeniable for many professionals who want to boost their career growth and find better business opportunities.
However, taking time out to go to classes on campus for up to two years to earn the degree with a traditional, in-person program might be inconvenient and doesn’t work with a full-time job or family responsibilities for most.
The rise of online MBA programs around the world has filled the niche of matching professional students with online MBA programs from top-ranked universities.
With so many higher education programs to choose from, determining the top online MBA program for growth and opportunities can be challenging. But don’t fret!
We have ranked the top 10 best online MBA schools for international professionals wishing to reach new career and entrepreneurial goals. Let’s take a look.
Online MBA Programs
For each of the online MBA programs in our list, we have evaluated what each school offers MBA students. We also include rankings, networking opportunities, professional skills, admissions requirements, and employment information.
Most programs deliver exclusive offerings for MBA students along with excellent opportunities for global networking. Others offer specific or unique courses and skills.
Ultimately, the best online MBA for you should provide you with a high return on your investment (ROI). This is why we’ve included tuition costs for the academic year 2023, as well as average salaries and top hiring companies.
10. University of Texas – Dallas (Naveen Jindal)
This University of Texas satellite campus just north of Dallas, TX 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 MBA program for 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.
The school also offers career services, such as career coaching, resume reviews, and job search assistance, to help both current and former students reach their career goals.
With a world-class faculty, a low student-teacher ratio, and extensive career services, students who choose to pursue their MBA online here will be well-equipped to reach their professional and business goals.
UT Dallas Online MBA Highlights
School Rankings: #6 US News & World Report; #10 Best MBA for Return on Investment, US News & World Report
Networking: This business program offers a full complement of scheduled events, both virtual and in-person to meet and network with other students, as well as business and community leaders.
Skills and Programs: The University of Dallas online MBA offers 21 different concentration areas to choose from including Finance, Energy Management, and Supply Chain Management. In addition, online MBA candidates can also focus on Project Management, Executive and Professional Coaching, Organizational Consulting, Strategic HR, or Transformational Leadership.
UT Dallas Online MBA Admissions
- GMAT (average): 609
- Work Experience (average): 7.9 years
- Bachelor’s GPA (average): 3.6
- International Students: 10% | TOEFL iBT 80 or IELTS 6.5 minimum scores required
UT Dallas MBA Return on Investment
- Tuition: $58,024 (Texas resident), $94,887 (Nonresident)
- Recent MBA Graduate Salary (online MBA): $113,000 with 92% employed within 3 months
- Top MBA Employers: Amazon, American Airlines, Deloitte, Google, IBM, Intel, JP Morgan Chase, Microsoft, Samsung, Texas Instruments
9. Arizona State University (Carey)
Considered one of the best business schools, the prestigious W. P. Carey School of Business in Tempe, Arizona is world-renowned and fully AACSB accredited. Its online MBA program offers 12 concentrations to choose from, such as International Business, Finance, and Quantitative Analysis.
The school is committed to providing students with the most cutting-edge learning experience. Courses are designed to develop critical business capabilities like communication, problem-solving, and leadership.
With a two-year graduation timeline and one course per five-week term, you can gain the knowledge and skills necessary to excel in a competitive business landscape.
Additionally, Carey’s online MBA offers specialized lectures and activities, such as cohort visits to major global companies, which provide students with a wide range of real-world experiences. All of this, combined with faculty mentoring and one-on-one support, produces graduates with the necessary knowledge and tools to succeed in their future business endeavors.
Arizona State University Online MBA Highlights
Rankings: #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 MBA students with professionals in the field during and after completing the MBA 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 and Programs: The most popular ASU online MBA concentrations are Finance, International Business, Marketing, Quantitative Analysis/Statistics, Operations Research, and Supply Chain Management/Logistics.
Arizona State University Online MBA Admissions
- GMAT: Not required for admissions
- Work Experience (average): 8.9 years
- Bachelor’s GPA (average): 3.34
- International Students: 12% | TOEFL iBT 80 or IELTS 6.5 minimum scores required
Arizona State University MBA Return on Investment
- Tuition: $61,677
- Recent MBA Graduate Salary (ASU MBA ROI): $106,759 with 96% employed within 3 months
- Top MBA Employers: Amazon, Bank of America, Intel, KPMG, Dell, Honeywell, Raytheon
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8. University of Florida (Warrington)
This southern business school offers a 1 year online MBA option in addition to a traditional online program that is typically finished in 2 years.
Fully accredited by AACSB, UF’s online master’s program was one of the first when it started in 1999. Today, UF offers some of the best online MBA programs in the U.S. and around the world.
This school 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 MBA with options to participate in a Global Immersion Experience. This involves a 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.
University of Florida Online MBA Highlights
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. This accredited online MBA partners with the National Black MBA Association and provides opportunities for students and alumni of Warrington’s program to connect.
Skills and Programs: Accounting, Brand Equity, Business Law, Business Policy, Corporate Finance, E-Commerce, Entrepreneurship, Marketing Management, Operations Management, Personal Finance, and Professional Writing.
University of Florida Online MBA Admissions
- GMAT: Optional for admissions
- Work Experience (average): 4 years
- Bachelor’s GPA (average): 3.46
- International Students: TOEFL iBT 80 or IELTS 6 minimum scores required
University of Florida MBA Return on Investment
- Tuition: $59,807
- Recent MBA Graduate Salary (campus program): $117,197 with 95% employed within 3 months
- Top MBA Employers: Procter & Gamble, Accenture, Walmart, Keurig Dr Pepper, Ryder, Healthcare, Technology, Consulting
7. University of Southern California – Marshall School of Business
This private SoCal business school is fully AACSB accredited and offers a five-semester online MBA with both synchronous and asynchronous classroom requirements.
Additionally, students learn in a flexible cohort model and get access to college and career resources from the Marshall School of Business. USC online MBA students can also participate in a student health insurance plan.
The first week of the online MBA program requires students to attend the University of Southern California – Marshall campus for orientation. The school orientation allows students to begin coursework and make connections with their cohort and attending faculty.
The school also offers an Executive Education program for those already working in the business world. Executive Education students can access the Marshall School of Business library resources, network with their peers and mentors, and gain the skills necessary to lead their own business projects.
USC – Marshall Online MBA Highlights
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 and Programs: Coursework is based on learning objectives in cross-disciplinary classes focusing on marketing, finance, management, accounting, and entrepreneurship.
USC – Marshall Online MBA Admissions
- GMAT: Not required for admissions
- Work Experience (average): 10 years
- Bachelor’s GPA (average): 3.5
- International Students*: TOEFL iBT or IELTS required
*USC Marshall does not issue U.S. student visas for the orientation period of the online MBA program.
USC – Marshall MBA Return on Investment
- Tuition: $112,072
- Recent MBA Graduate Salary (campus program): $153,188 with 97% employed within 3 months
- Top MBA Employers: Amazon, Apple, Cisco, Deloitte, Google, McKinsey and Company, Meta, NBC Universal, Salesforce, Verizon
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6. Duke University (Fuqua)
The Global Executive MBA at Duke University is fully AACSB accredited and takes 21 months to complete. This hybrid program combines online learning and short, intensive residencies around the world.
Seven online learning terms are punctuated by residencies in Asia, Latin America, Europe, and North Carolina along with an orientation and elective coursework on the Duke campus at the end of the degree.
Business students benefit from an intense 12-day residency each term, where they get to explore the global aspects of business while taking courses in subjects like global finance, international business law, and global marketing.
The Duke Global MBA program also features independent projects and team activities designed to give students the opportunity to engage in experiential learning activities.
Duke Online MBA Highlights
Business School Ranking: #12 US News & World Report
Networking: Corporate presentations, networking nights, career expos, and company office hours all offer opportunities for networking in the Duke University program.
Skills and Programs: Accounting, Cross-Cultural Communications, Decision Models, Finance, Global Economies, Global Finance, Management, Marketing.
Duke Online MBA Admissions
- GMAT (range): 680 – 760
- Work Experience (average): 11 years
- International Students: 37 countries represented | TOEFL iBT or IELTS are not required
Duke MBA Return on Investment
- Tuition: $159,700
- Recent MBA Graduate Salary (based on Global Executive MBA Survey): $171,000 increasing to $238,000 years later
- Top MBA Employers: Amazon, Apple, Bain, BCG, Cisco, Deloitte, Google, McKinsey and Company, Microsoft, PWC, Walmart
5. Pennsylvania State University – World Campus (Smeal)
This teamwork-based program at the World Campus allows MBA students to customize their start date, curriculum, and specialization within the 48-credit online MBA degree.
With 24 concentrations available, 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 students to complete their degrees 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.
Penn State Online MBA Highlights
Ranking: #5 TheBestSchools
Networking: More than 692,000 graduates in the PSU alumni network are available to connect with MBA students from Penn State’s World Campus.
Skills and Programs: This top online MBA offers 24 skill concentrations including accounting foundations, business sustainability foundations, homeland security, marketing analytics, and strategic leadership.
Penn State Online MBA Admissions
- GMAT: Not required for admissions
- Work Experience (average): 7-10 years
- Bachelor’s GPA (average): 3.3
- International Students: TOEFL iBT 80 or IELTS 6.5 minimum scores required
Penn State Return on Investment
- Tuition: $59,328
- Recent MBA Graduate Salary (campus program): $114,008 with 97% employed within 3 months
- Top MBA Employers: Amazon, BearingPoint, Bristol Myers, Deloitte, Intel, Johnson & Johnson, Microsoft, Merck, Novartis
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4. University North Carolina – Chapel Hill (Keenan-Flagler)
The University of North Carolina online program for MBAs is STEM-designed, making it unique in our list of best online MBA programs.
Global learning opportunities are also offered by this top-ranking college and AACSB-accredited business school. Plus, the University of North Carolina is also accredited by the Southern Association of Colleges and Schools, Commission on Colleges.
Students can choose from five concentrations and 25 electives to customize their degrees. Two in-person Summits on the college campus are required as part of the UNC online MBA.
Keenan-Flagler, UNC’s business school, also offers a Weekend Executive MBA program. This accredited online MBA combines monthly weekend visits to the college campus with online learning to complete this degree.
UNC Online MBA Highlights
Ranking: #1 Fortune; #4 Financial Times
Networking: Students will have access to over 42,000 alumni for networking after the online MBA.
Skills and Programs: Data Analytics and Decision Making, Entrepreneurship, Finance, Marketing, Strategy and Consulting.
UNC Online MBA Admissions
- GMAT: Not required for admissions if you have at least 5 years of experience
- Work Experience (minimum): 2 years
- Bachelor’s GPA (average): 3.4
- International Students: TOEFL iBT or IELTS scores required
UNC MBA Return on Investment
- Tuition: $125,589
- Recent MBA Graduate Salary (campus program): $133,517 with 96% employed within 3 months
- Top MBA Employers: Amazon, Bank of America, Bayer, Cisco, Dell, Deloitte, Goldman Sachs, International Finance Corporation
3. Warwick Business School (UK)
The UK’s Warwick Business School offers 2 distance learning business programs that can be completed in 2 to 3 years. Warwick’s online MBA can also be extended up to 8 years for the busy business student.
The Distance Learning London MBA and the regular Distance Learning MBA are part-time programs that require up to 2 weeks of in-residence learning. Business students from an average of 90 countries participate in asynchronous and synchronous learning.
Additionally, students benefit from a variety of educational materials in the world-class business school program. Warwick’s combination of quality academics, international participants, and affordable tuition has established it as one of the best MBA online programs in the world.
Warwick Online MBA Highlights
Rankings: #1 The Economist; #1 Financial Times
Networking: Warwick Business School 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 and Programs: Accounting, Economics, Finance, Market Analysis, Modelling and Analysis, Operations Management, Organizational Behavior, Strategic Advantage.
Warwick Online MBA Admissions
- GMAT: Not required for admissions
- Work Experience (minimum): 4 years
- Bachelor’s GPA (required): Upper second-class honours at the undergraduate level from a UK university or the equivalent from an overseas university. That’s the equivalent of a 3.0 – 3.5 GPA in the U.S.
- International Students: 105 nationalities | TOEFL iBT 100 or IELTS 7 minimum scores required
Warwick MBA Return on Investment
- Tuition: £37,400 (approximately $46,324 USD)
- Recent MBA Graduate Salary (campus program): £98,226 with 93% employed within 3 months
- Top MBA Employers: Amazon, BP, eBay, EY, Gartner, HSBC, JP Morgan, Infosys, McKinsey & Company, SAP, Siemens
2. Indiana University – Bloomington (Kelley)
Fully accredited by the AACSB, students at the Kelley Business School online MBA program study on the college quarter system. Business students on average take two years to graduate with an online MBA degree.
Indiana’s unique approach offers 7 major concentrations along with customization of up to 50% of all electives in the top-ranked Kelley Direct MBA program.
Online MBA students can take global or domestic immersion courses. Weekly synchronous courses are presented one day per week to provide live interaction and connection with instructors and other students in the program.
The Kelley Business School online MBA program also offers career coaching to help students develop the skills necessary to get ahead during their job search.
With career coaches helping to establish an online presence, optimize resumes, and practice interviewing, students are given a greater chance to find the right job position or promotion for their degree and career goals.
Indiana University Online MBA Highlights
Ranking: #1 US News & World Report; #1 The Princeton Review
Networking: With over 123,000 Kelley graduates, and an active alumni webinar series connecting students to professionals in the field, online students from the Kelley Direct MBA program will have lots of opportunities to network.
Skills and Programs: Students will have a deep specialization in Analytics, Digital Technology Management, Finance, Marketing, Strategy, and Leadership or Supply Chain Operations.
Indiana University Online MBA Admissions
- GMAT (average): 639
- Work Experience (average): 7 years
- Bachelor’s GPA (average): 3.4
- International Students: TOEFL iBT or IELTS scores are required
Indiana University MBA Return on Investment
- Tuition: $82,158
- Recent MBA Graduate Salary (campus program): $136,400 | Online MBA graduates report a 29% salary increase.
- Top MBA Employers: 3M, Accenture, Adobe, Aldi, Capital One, Cisco, Coca Cola, Discover, FedEx, Google, Humana, Marriott, Nike, PwC, VISA, US Department of State
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1. IE Business School (Madrid)
This international business school based in Madrid offers a Global MBA degree for English and Spanish speakers. Two week-long residencies in Madrid are required as part of the Global MBA program.
The online MBA is built on three modules that can be completed in 17, 24, or 30 months based on each student’s needs and schedules. Core courses begin together with a cohort while electives round out the program at a student’s own pace.
While business core courses are taught synchronously with mandatory attendance, they also include asynchronous activities. All coursework is the same for all students including electives.
IE’s flexibility, curriculum, and great networking opportunities make it one of the top 1 year online MBA programs in Europe.
IE Online MBA Highlights
Ranking: #1 Wall Street Journal; #1 Business Week-Europe; #1 QS
Networking: Cohort networking begins immediately with the residency experiences. It 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 and Programs: Information Systems, Intercultural Skills, Finance, Marketing, Operations, Strategy
IE Online MBA Admissions
- GMAT (average): 677
- Work Experience (average): 6 years
- International Students: 34 nationalities | TOEFL iBT 100 or IELTS 7 minimum scores required
IE MBA Return on Investment
- Tuition: €51,000/program (approximately $55,500 USD)
- Recent MBA Graduate Salary (IE Global Online MBA): $143,807 with 79% changing roles and 48% promoted
- Top MBA Employers: Abbott, BCG, BP, Deloitte, Deutsche Bank, Google, Goldman Sachs, JP Morgan, LVMH, Pepsi, Vestas
In conclusion, getting an MBA online can be a great option if you are looking to add credentials to your career and give you the skills to move up in the business world. One of these top 10 MBA online programs might be the perfect fit for you.
From top universities to more specialized business schools, there are many great online MBA programs available to choose from. Be sure to do your research and find the program that best fits your needs and goals.
After all, you are investing your time and money into your education, so make sure you choose the best accredited online MBA for you! Let this article be your guide as you navigate the world of higher education and find the right business school program that will help you reach your goals.
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Most MBA programs require GMAT test scores for admissions. Start getting ready for the GMAT with these resources:
Denisse is a global education and communications consultant, as well as the main person behind MacQuil. As an international mentor and frequent traveler, she enjoys sharing information to help anyone travel, study or work abroad.
Denisse holds a Master's in Management from GWU, a Master's in Education from Harvard University and an Executive Coaching Certificate from the University of Cambridge.