6:19 AM The 10 Best Online MBA Programs | The Best Schools | ||||
Should people get an MBA? According to the Year-End Poll of Employers provided by the Graduate Management Admission Council (GMAC), 74 percent of the employers who responded plan on hiring individuals with an MBA in . The poll received responses from 229 employers at 216 companies worldwide. The GMAC Corporate Recruiters Survey shows new hires with an MBA can expect to receive an average base salary of $91,433. A report produced by GMAC shows MBA rankings are more important to corporate recruiters than the quality of the school s MBA curriculum and especially the quality of the school s faculty. Vital MBA and business school rankings are produced by several notable organizations, including U.S. News World Report, BusinessWeek, Forbes, The Wall Street Journal, Entrepreneur Magazine, Princeton Review, The Economist. and Financial Times . We ve analyzed the lists of all these top organizations. Based on their combined evaluations, our own analysis of the schools MBA programs, and awards received by the schools, we ve created our own thoroughly researched list of the 10 best online MBA programs. Click here to Apply for an Online MBA from University of North Carolina! * * * #1 Duke University, Fuqua School of Business (Durham, NC) Rankings: #10 Best MBA program (Financial Times. ), #12 Best MBA program (Forbes. ), #12 Best MBA program (BusinessWeek. ), #6 Best Business School (BusinessWeek. ), #12 Best Business School (U.S. News World Report, ), #28 Best Business School (The Economist. ) School/Online MBA Program: The school focuses on producing global business leaders. Fuqua School of Business places an emphasis on teamwork. The cohort-based Global Executive MBA is recognized as the world s first global MBA program for senior executives. The program integrates learning experiences in contrasting economies and incorporates opportunities to learn about the economic, social, political, and cultural issues which affect the way business is performed around the world. Students can choose a concentration in entrepreneurship, finance, energy and environment, strategy, marketing, or health sector management (certificate available). The Global Executive MBA program is completed in 15 months. The program combines distance learning and five residencies at seven locations around the globe. Sixty percent of classroom time occurs in residencies in Europe, Asia, and the Middle East. Also, throughout the program students work with a personal coach.
Tuition: The $152,500 tuition includes books, class materials, lodging, and meals at the five residential sessions. The tuition does not include travel costs to and from the residential sessions. #2 Thunderbird School of Global Management (Glendale, AZ) Rankings: Top-ranked International MBA program (U.S. New World Report. ), #1 International Business (U.S. News World Report, ), #1 International Business (Financial Times. ), #2 Distance Learning MBA (The Economist, ) School/Online MBA program: All the courses are taught from a global perspective. The school has an extraordinary level of ethnic and cultural diversity. Thunderbird School of Global Management is dedicated to producing global citizens committed to utilizing the power of business to produce sustainable worldwide wealth. Students can select from 19-, 28-, and 36-month programs. Three quarters of the program is completed online in an asynchronous format. One quarter is administered via regional business seminars located around the world. The online MBA Program offers concentrations in International Studies, World Business, and Cross-Cultural/English Business Communication. Thunderbird has recently introduced a popular new program, the One-Year MBA, which has the following features:
Tuition: $66,800. The tuition includes books, as well as room and board for orientation, international study, and graduation. Travel cost is not covered. #3 Carnegie Mellon University, Tepper School of Business (Pittsburgh, PA) Rankings: #3 Best Part-time MBA program (BusinessWeek. ), #15 Best MBA program (BusinessWeek. ), #23 Best MBA program (Forbes. ) #15 Best Business School (BusinessWeek. ), #16 Best Business School (The Economist. ), #18 Best Business School (U.S. News World Report. ) School/Online MBA program: Students are attracted to the school due to its quantitative reputation and core competencies in entrepreneurship and technology. The Flexmode: Distance Learning MBA, a part-time program, is completed in two and a half years. The online MBA program is delivered to corporate locations (a minimum of six students). Students take two classes per mini-semester and attend school year-round. Students who do not select a specialized track select multiple concentrations within the general management curriculum.
Tuition: The $81,936 tuition does not include books, room and board, or travel. #4 The University of North Carolina, Kenan-Flagler School of Business (Chapel Hill, NC) Rankings: #16 Best MBA program (BusinessWeek. ), #16 Best MBA program (Forbes. ), #10 Best Business School (The Wall Street Journal. ), #15 Entrepreneurship (Princeton Review. ), #16 Best Business School (BusinessWeek, ), #16 Best Business School (Forbes. ), #19 Best Business School (U.S. News World Report. ), #47 Best Business School (The Economist. ) School/Online Program: The MBA@UNC program can be completed in two to three years. The program was established in the fall of . During the first year, students complete a mandatory integrative exercise, based on a case competition. Students then select one or two career concentrations from the following areas: Corporate finance, entrepreneurship, customer and product management, investment management, global supply-chain management, real estate, or management consulting. Kenan-Flagler School of Business has connections with national companies. Students have the opportunity to attend in-person immersions at the end of each quarter. Students are required to complete two weekend residencies at various places around the world. A total of four weekend residencies are allowed and included in the tuition. The program combines asynchronous and synchronous formats.
Tuition: The $89,000 covers the whole program, including materials, books, room and board, and four immersion weekends. Click here to Apply for an Online MBA from University of North Carolina! #5 Indiana University, Kelley School of Business (Bloomington, IN) Rankings: #2 Distance-learning MBA (The Economist. ), #19 Best MBA program (BusinessWeek. ), #23 Best Business School (U.S. News World Report. ) School/Online program: The Kelley Direct Online MBA program focuses on general administration. The program thoroughly reviews different subject areas, including economics, business law and ethics, finance, marketing, operations, project management, and information technology. The Kelley School of Business is strong across multiple business disciplines, especially entrepreneurship and marketing. The asynchronous online MBA program can be completed in two years. Campus visits are required, including orientation at the beginning of the program.
Tuition. $54,111. Books and travel cost are not covered. #6 Arizona State University, W.P. Carey School of Business (Phoenix, AZ) Rankings: #17 Best Part-time MBA (U.S. New World Report. ), #10 Best-Value MBA in the U.S. (Business Week ), #13 Best Business School (The Wall Street Journal. ), #27 Business School (U.S. News World Report, ). School/Online MBA program: Success in the job market is the hallmark of the Carey full-time MBA program. The program s placement rate after graduation has been among the top 10 MBA programs in North America. The program, provided mostly online, requires students to visit the school just one time. Students can select an emphasis in subjects such as finance, international business, supply chain management, or marketing. The classes are designed and taught by Carey faculty members. The program is completed in two years.
Tuition: $53,200 estimated total cost. #7 University of Florida, Warrington College of Business Administration, Hough Graduate School of Business Rankings: #1 Distance Learning MBA (The Economist, ), #2 U.S. Best-Value MBA (Financial Times. ), #9 Recruiter s Choice (The Wall Street Journal. ), MBA rated as one of the nation s top values (U.S. News World Report, ), #47 Best MBA program (U.S. News World Report. ), #39 Best Business School (The Economist, ). School/Online MBA program: The school s strengths are marketing, finance, real estate, supply-chain management, real estate, and urban analysis, as well as entrepreneurship. Hough offers a standard two-year MBA program and an accelerated 16-month MBA program. A one-weekend campus visit per four-month term is required for both programs. In the two-year program, students select nine electives, out of over 100 electives to choose from. The program offers 14 concentrations.
Tuition. Standard program: $47,150; accelerated program: $41,400. Tuition does not include books, room and board, or travel costs. #8 Drexel University, Lebow College of Business (Philadelphia, PA) Rankings: #1 in the nation for academic quality for part-time MBA (BusinessWeek, ), #3 Entrepreneur Business School (Entrepreneur Magazine, ), #3 Entrepreneurship (Princeton Review. ). School/Online MBA Program: Lebow College of Business uses a strategic approach to business defined by industry perspectives, leadership, and ethics, as well as technological orientation. The two-year, cohort program offer specializations in finance, marketing, entrepreneurship and innovative management, and business analytics. The program integrates technology management, leadership, and ethics with industry perspectives. Students can design the program for their career path. Three four-day on-campus residencies are recommended. One on-campus residency is required.
Tuition: The $58,000 tuition does not include books, room and board, or travel. #9 Worcester Polytechnic Institute, School of Business (Worcester, MA) Rankings: #8 Part-time MBA program (BusinessWeek, ), #10 Entrepreneurship (Entrepreneurship Magazine, ), #5 Greatest Opportunities for Women (Princeton Review, ). School/Online MBA program: WPI School of Business offers more of a technical leadership program than a traditional MBA program. The program combines business essentials with highly specialized instruction in technology, as well as technology management. Most of the coursework is taught from a technological perspective. The program emphasizes practical applications to business theory. All the courses use a hands-on experimental approach. Concentrations are provided in the areas of information security management, entrepreneurship, operations management, information technology, supply-chain management, process design, technology marketing, and technological innovation. Students can take electives in other WPI departments. Students can complete the Blended Cohort program in two and a half years. Two two-hour synchronous Internet sessions and three residency Saturdays are required per semester.
Tuition: $55,632. The cost of books, room and board, and travel are not covered in the tuition. #10 Pennsylvania State University, Smeal College of Business World Campus Rankings. #44 Best Business School (BusinessWeek, ), #48 Best Business School (U.S. News World Report, ), #56 Best Business School (The Economist. ). School/Online MBA program: Thanks to a high level of interaction, students are able to network with professionals from an array of industries and geographic locations. Students are part of a virtual team throughout the program. The program is designed for professionals with work experience in a wide array of fields, including engineering, business, technology, healthcare, and many other fields. The two-year program covers topics such as marketing, management, accounting, finance, and operations. Students focus on the following business themes: Process management, strategic planning, customer and market, leadership, information analysis, and human resources. In the Term 3 residency, students spend a week on-site at a prominent U.S. firm evaluating their organizational structure and strategy. In the Term 8 residency, students participate in a team business simulation at Penn State University Park in State College, Pennsylvania.
Tuition: The $54,760 covers fees, books, and room and board.
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