A Master of Business Administration (MBA) degree is one of the most sought after master’s degrees, because of its immense versatility and strong return on investment. Top online MBA programs offer the option for professionals to balance their MBA studies with their work and family obligations.
Completing an online MBA opens up possibilities across several fields of work, including management roles in finance, supply chain logistics, project management, and marketing. Dual degrees are offered in fields like healthcare or technology.
Thanks to the popularity of the MBA, there are hundreds of top online MBA programs to choose from at high-ranking public and private universities. This online college ranking identifies the best MBA programs online and can help you find the most affordable online MBA programs and determine which are the best MBA programs for the money.
Here are the 25 Top Online MBA Programs in the United States:
#1 – Indiana University – Bloomington
Location: Bloomington, Indiana Tuition: $1,270 per credit hour
Indiana University’s Kelley School of Business is ranked at the top as the best online school for MBA degrees, in part because it includes a single week of in-person introductory classes at IU’s Bloomington campus. The MBA degree at Indiana University – Bloomington offers Accelerated Global Immersion Leadership Education program options for students who want study abroad and have learning experiences in places like China, South Africa, India, or Botswana. Students can complete the program in about two years.
Indiana University is named the best online school for MBA studies.
Arizona State University’s W.P. Carey School of Business offers top online MBA programs comprised of virtual coursework and one mandatory orientation session hosted on campus. The school’s goal is to maintain a comprehensive, customizable curriculum with personal guidance from student advisors. Graduate students at ASU serve as MBA Ambassadors to new students who need help with admissions assistance and other advice.
#3 – University of Florida
Location: Gainesville, Florida Tuition: $26,473 (in state), $61,260 (out of state) per program
The University of Florida offers its top online MBA programs through the Hough Graduate School of Business. The curriculum mirrors the campus-based program and, while students can attend class online, they are required to visit the campus for a full weekend each term. Online students can choose from a 16-month or 27-month track, depending on their professional experience and background.
#4 – University of Texas at Dallas
Location: Dallas, Texas Tuition: $1,343 per credit hour
Students at the University of Texas at Dallas can earn an MBA online or in a hybrid format. The top online MBA programs are offered on an accelerated 8-week basis or traditional semester-long schedule. Applicants must submit GRE or GMAT scores during the last five years in order to be considered for admission. Online courses are delivered synchronously between 4 and 10 pm, five days a week.
#5 – University of North Carolina at Chapel Hill
Location: Chapel Hill, North Carolina Tuition: $510.23 per credit hour
The University of North Carolina at Chapel Hill offers one of the best best MBA programs online through the Kenan-Flagler Business School. The program takes 18-36 months to complete. There are six possible degree concentrations, including Global Supply Chain Management, Investment Management, Sustainable Enterprise, and Entrepreneurship.
#6 – University of Wisconsin at Eau Claire
Location: Eau Claire, Wisconsin Tuition: $675 per credit
The top online MBA programs at University of Wisconsin at Eau Claire can be earned completely online with no requirements for attending classes or orientation on campus. The programs are offered to students with or without a business background, though those without the background must first take the MBA Foundation program. Students take 30 credits of elective courses, MBA modules, and a Leadership mini-module.
#7 – North Carolina State University
Location: Raleigh, North Carolina Tuition: $833 per credit hour
North Carolina State University’s Jenkins Graduate School of Management offers an online MBA program that combines online instruction with a required three-day residency hosted on campus. The curriculum emphasizes the role of technology in the modern business environment. Students have the option of gaining more face-to-face interaction by participating in an optional 8-10 day residency in China.
Temple University offers one of the top MBA programs online where students can earn their degree in 20 months through online courses and a weeklong, on-site residency at Temple’s campus in Philadelphia. The program combines instruction from industry leaders with the flexibility offered by distance learning technology. Tuition includes books, case studies, software, and an HD webcam with headset.
#9 – Auburn University
Location: Auburn University, Alabama Tuition: $1,311 per credit hour
Auburn University’s online MBA program offers students the opportunity to earn their graduate degree from anywhere they have internet service. The curriculum is identical to the campus-based program. Most of the classes lectures are streamed live, so students must be able to accommodate a synchronous course structure. MBA students have the option of pursuing a dual degree enrollment with an MSBA in Management Information Systems, Industrial and Systems Engineering, or Finance.
#10 – Pennsylvania State University
Location: University Park, Pennsylvania Tuition: $7,414 per term
Pennsylvania State University offers an online intercollegiate MBA program through the Penn State World Campus. The program combines online coursework with a week-long residency program hosted at the school’s State College campus location. The program is offered through collaboration by business schools from four different campuses. It is ideal for students regardless of whether they have business experience or not.
#11 – The University of Arizona
Location: Tucson, Arizona Tuition: $1,000 per unit
The University of Arizona Eller College of Management offers a completely online MBA program that confers a degree in 14 months. The school’s goal is to develop students’ abilities to challenge assumptions and make decisive decisions. Candidates can pick from four degree concentrations: Marketing, Management Information Systems, Finance, or Management and Organizations.
#12 – University of Michigan – Dearborn
Location: Dearborn, Michigan Tuition: $1,158 per credit
The University of Michigan – Dearborn has an online MBA program that is designed and taught by on-campus faculty. The program features four classes in Applied Integrated Management, as well as a curricula focused on developing versatile business management skills. All MBA candidates must complete 27 hours of core coursework in topics like applied statistical modeling and information systems. The whole degree requires 36-48 credit hours.
#13 – Arkansas State University
Location: Jonesboro, Arkansas Tuition: $442 per credit hour
Arkansas State University’s College of Business offers a fully online MBA program with an optional degree concentration in supply chain management. The program uses action-based learning to teach students an understanding of business ethics, technology, leadership, and decision-making. The program is not offered to students in Alabama, Kansas, Kentucky, Maryland, Minnesota, North Dakota, or Washington, D.C., because of state regulations.
#14 – Lehigh University
Location: Bethlehem, Pennsylvania Tuition: $1,050 per credit hour
Lehigh University’s online MBA program is offered through the College of Business and Economics and the Office of Distance Education. The degree stresses modern business ethics, sustainable models, and free thinking. Students can earn the MBA in as little as two years and they can take up to six years to complete the program. Concentrations are offered in project management, marketing, or supply chain management.
#15 – Ball State University
Location: Muncie, Indiana Tuition: $386 (in state), $579 (out of state) per credit
Ball State University’s versatile MBA program is offered in a 100 percent online format, on campus, or in a hybrid format. The program offers significant value to in-state students. Ball State’s goal is to provide MBA students with a flexible education that prepares them to succeed in the modern business environment.
At only $386 per credit hour for in-state tuition, Ball State offers one of best online MBA programs for the money.
#16 – University of Mississippi
Location: University, Mississippi Tuition: $595 per credit hour
The University of Mississippi offers a fully online Professional MBA program that is ideal for students who are currently employed. The program focuses on developing through analytical skills and the ability to make good business judgements. The degree can be completed in two years if students enroll in two courses per semester.
#17 – Georgia Southern University
Location: Statesboro, Georgia Tuition: $739 per credit hour
Students at Georgia Southern University can enroll in an online MBA program offered by the College of Business Administration. The low-cost online degree can be completed within 21 months. Students learn how to work with and succeed in the modern business world. The program uses “pod” learning to simulate a corporate environment. Students must attend a two-day orientation in Atlanta, then are not required to step foot on campus again.
#18 – Mississippi State University
Location: Mississippi State, Mississippi Tuition: $435.75 per credit hour
Mississippi State University offers two fully online MBA programs through the College of Business. The programs offered are a general graduate degree or an MBA in project management. The school covers all aspects of the business environment through modules in social etiquette, public speaking, and more. Students must complete prerequisites in accounting, management, finance, and statistics.
At just $435.75 per credit hour, Mississippi State University offers one of the most affordable online MBA programs.
#19 – University of Tennessee – Martin
Location: Martin, Tennessee Tuition: $548 (in state), $597 (out of state) per credit
The University of Tennessee at Martin offers an online MBA for Banking and Financial Services Professionals. The program is targeted towards professionals from all educational backgrounds who are interested in the banking or financial services industry. Students go through the curriculum in a cohort group of no more than 20 peers. Most of the coursework is asynchronous, meaning students can complete it on their own time.
#20 – University of Nebraska – Lincoln
Location: Lincoln, Nebraska Tuition: $531 per credit hour
The University of Nebraska – Lincoln offers a 100 percent online MBA program that has no campus visitation requirements. Students can pursue a dual degree in architecture or law. The program can be completed in two years full-time or in 3-4 years on a part-time schedule. Applicants can hold a bachelors degree in any field.
At $531 per credit hour, University of Nebraska is one of the top affordable online MBA programs.
#21 – Washington State University
Location: Pullman, Washington Tuition: $586 per credit
Washington State University’s Carson College of Business offers top online MBA programs for professionals who are interested in learning a strong international business acumen. The online MBA programs stress the application of classroom learning to real-world business problems. Students can pursue a concentration in International Business, Finance, or Marketing.
#22 – Pepperdine University
Location: Malibu, California Tuition: $1,620 per credit hour
Pepperdine University’s online MBA program offers graduate students the opportunity to earn their degree in two years on a part-time basis. Students learn about the effects of globalization on competition, ethics, and innovation in the modern work environment. Students can pick from concentrations in marketing, general management, finance, or leadership and managing organizational change.
#23 – Central Michigan University
Location: Mount Pleasant, Michigan Tuition: $600 per credit hour
Central Michigan University’s Global Campus offers an online MBA program with several tracks. The program places emphasis on value driven organization, marketing, human resources management, logistics management, or enterprise resources managing. The latter requires students to attend a two-week SAP software course in-person. All other tracks are offered completely online.
#24 – Rochester Institute of Technology
Location: Rochester, New York Tuition: $70,000
Rochester Institute of Technology offers an online Executive MBA program for experienced business professionals. The program is designed to give students hands-on experience with advanced business concepts. Students must have six or more years of professional experience, as well as a minimum cumulative GPA of 3.0. Students join small teams of 3-5 classmates who work together throughout the program as a cohort. The program can be completed in 17 months.
#25 – University of Maryland – College Park
Location: College Park, Maryland Tuition: $1,481 per credit
The University of Maryland – College Park’s Robert H. Smith School of Business offers an online MBA program that can be completed in as little as 21 months. The program is interdisciplinary and is designed for recent graduates and mid-career professionals who desire positions in upper management and executive-level positions. Core classes include surveys of management in the global workplace and the economics of management decisions. Classes are offered completely online and are taught by on-campus faculty. Concentrations are offered in finance, information systems and business analytics, or accounting and marketing.