Best Online Master’s in Business Administration Programs of 2024

Many business leaders earn a Master of Business Administration (MBA) programs to help them develop the skills they need to thrive in the business world. Perhaps you’re hoping to complete an MBA program online.

If so, you’ve come to the right place. Read on as we discuss a few of the top online business programs and the schools offering these graduate degrees.

Featured Online MBA Programs

Check out our list of the top 10 schools offering online MBA degrees.

1. University of Arizona

The University of Arizona is located in Tucson, AZ. This large public university offers a wide variety of degrees online, including a Master of Business Administration.

This is a top-ranking program according to U.S. News & World Report. The program consists of 45 credits, costs $1,250 per credit hour, and boasts six concentrations and six yearly start dates. This makes it possible for students to tailor their degree to their interests and get started whenever it’s convenient for them.

2. Indiana University, Bloomington

Indiana University at Bloomington is the flagship school of the multicampus Indiana University, and it offers many online courses and degree programs.

Another top-ranking program, the school’s online MBA provides livestreamed evening classes a couple of nights a week, allowing you to keep your job and balance school with other responsibilities. Seven concentrations are available. Two in-person experiences are built into the otherwise fully online program.

3. University of North Carolina, Chapel Hill

The University of North Carolina at Chapel Hill is the flagship school of the University of North Carolina System and one of the oldest public schools in the country.

The university’s School of Business provides an exceptional online MBA program with full-time and part-time options available. Students can complete the program in as little as a year and a half. Six program concentrations are available. Some in-person components, known as Summits, are required as part of the online degree.

4. Liberty University

Liberty University is a large private school in Lynchburg, VA. A wide variety of graduate and undergraduate degrees can be completed entirely online at this school.

All of Liberty’s MBA courses are completed online in eight-week class sessions. You can study whenever and wherever you want, making this a highly flexible program. Plus, with eight start dates each year and more than 20 program concentrations, you have complete control over getting your degree on your terms.

5. University of Southern California

Located in Los Angeles, the University of Southern California is the oldest private research school in California.

This school’s online Master of Business Administration begins with a week-long required residency; all other portions of the top-rated program can be completed online. It is a full-time program that is typically finished within two years.

6. Rochester Institute of Technology

The Rochester Institute of Technology is located in Rochester, NY. It enrolls around 19,000 students and offers some of its degree programs online.

One of these is an executive MBA degree. The program is available exclusively online and is geared toward experienced professionals hoping to expand their skill sets and take their careers to the next level.

7. University of Maryland Global Campus

The University of Maryland Global Campus is a school specifically for online learners. All degree programs are available in a remote format.

This school offers the oldest fully online MBA program in the country. The program consists of 30 credits, with prices under $700 per credit hour. Hybrid courses are available, but students have the option to complete all coursework online if desired.

8. Rice University

Rice University is a private school in Houston, TX. The school’s online Master of Business Administration is one of the top 10 programs in the country according to the Princeton Review.

This program consists of 54 credit hours and can be completed in as little as two years. Students participate in online class sessions Monday through Thursday. Occasional campus sessions are required with this online degree.

9. American University

American University is a private school in Washington, D.C. It offers a variety of degree programs, including a flexible online MBA.

This program can be completed in 12, 15, or 18 months, allowing you to take your online courses at a pace that works for you. The program consists of 48 credit hours and requires two in-person experiences to graduate.

10. Western Governors University

Western Governors University is a private online school headquartered in Utah. All degrees are completed online in a self-paced format.

Students can complete the online master’s in business administration program in as little as one year. The program consists of 11 courses, and you can complete them as quickly as you want. Tuition is charged per term instead of per credit, so it’s possible to get your degree for a much lower price tag than average.

FAQs about Earning Your MBA Online

Still have questions about getting an online MBA? Below we will answer some of the most commonly asked questions you may have.

What Will I Learn in an Online MBA Program?

Online MBA coursework teaches the same skills and principles as any on-campus program. Common topics include:

  • business management
  • project management
  • business analytics
  • entrepreneurship
  • financial management
  • decision-making
  • leadership skills

Other skills may include:

  • budgeting
  • business forecasting
  • business information systems
  • making business decisions
  • marketing strategies

You may also have opportunities to pursue concentrations in a variety of business-related specializations including:

  • healthcare administration
  • global business
  • human resource management

Is a Master’s Degree in Business Administration Worth It?

Business degrees are useful for following various career paths, and getting an MBA can help you pursue higher wages and promotions. If your career goals are to climb the corporate ladder, move into management positions, or earn more money, then a Master of Business Administration can help you attain those goals.

Is an Online MBA Taken Seriously?

Online MBAs are taken as seriously as in-person degrees as long as your degree program has the proper accreditation. Your school should be institutionally accredited, and your MBA program should also be accredited by the Association to Advance Collegiate Schools of Business (AACSB) or a similar organization.

What Can I Do with My MBA?

An MBA teaches all the fundamentals you need to excel in various aspects of the business world. Some of the many career opportunities available to you include:

  • entrepreneurship
  • international business
  • supply chain management

You could:

  • run your own business
  • work for another business
  • work for government departments or nonprofit organizations

What Are the Prerequisites for Enrolling in an Online MBA Program?

To enroll in an MBA program, you must hold a bachelor’s degree in any field. You may also be required to submit:

  • your GMAT or GRE scores
  • letters of recommendation
  • a resume

Many programs also require that you show proof of two to five years of relevant job experience.

Admission requirements may vary by school.

Is There Financial Aid for an Online Master of Business Administration?

Many online MBA students are eligible for federal financial aid. To apply, fill out the FAFSA online application form well in advance of when you plan to begin pursuing your online degree. You may also be able to obtain scholarships and tuition discounts or waivers for military service. Finally, your current employer may be willing to fund your MBA for you.

Can I Earn My MBA While Working Full-Time?

Yes, an online learning environment often makes it possible to get your degree while balancing work and other commitments. What’s more, many executive MBA and part-time MBA programs allow you to continue working full time while pursuing your degree.

How Long Will It Take To Earn My MBA Degree?

The time it takes to earn your degree will depend on whether you study part time or full time and the type of program you enroll in. Most full-time programs take about two years to complete. Those studying part time may need up to five years to finish their degree, while those with transfer credits and those in accelerated programs may finish in as little as a year.

Start Your Educational Journey Today

Make sure to check out one of the online MBA programs listed in this article. For more information about MBA degree programs, navigate through the vast library of resources at Learn.org today.

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