future of financial managers

Best Online MBA Programs 2022
Top Consensus Ranked Online Master's of Business Administration

Find Your Degree

Best Online MBA 2022 06

Completing an online MBA is the perfect way to broaden your knowledge and skills in the business field, network with other professionals in leadership and management, and gain a fresh perspective of innovative management strategies and principles. Business professionals looking to enhance their careers or explore future career opportunities will quickly find that a program like the online MBA has been designed with that very purpose in mind. This ranking of the 2022 Best Online MBA Programs will give you the top 25 distance-based programs from around the country.

Online MBA Programs

Before considering an MBA, it’s best to investigate and discover the many benefits of pursuing a degree through distance learning and then find the positive results it will result in throughout one’s professional career. An online MBA will benefit the degree holder in so many ways. There is simply no substitute for pursuing an advanced degree that sharpens one’s expert-level knowledge and skills of the field, all with the convenience and flexibility that only distance learning provides. To help you in your first steps of finding a program that’s right for you, here is a comprehensive ranking of the best online MBA programs in the country.

Recommended Online MBA Programs 2021

Earn your MBA from your home or office

Methodology

This 2022 ranking of the top online MBA programs is a consensus ranking, which combines the ranking data from five of the most respected MBA ranking systems: The EconomistBloomberg BusinessweekU.S. News and World Report, The Financial Times, and Forbes. The data for each program was averaged and place on a 100-point scale to find the Consensus Score. This composite ranking allows students a better overall view of each Online MBA program’s prestige and rank in the nation.

1

University of Michigan
Stephen M. Ross School of Business

The University of Michigan delivers an incredible online MBA at the Stephen M. Ross School of Business. This program’s rigorous, action-based curriculum is delivered by renowned faculty in dynamic formats and gives graduate students the business foundation they need to succeed. Michigan’s online program is designed for maximum flexibility with live, interactive classes and self-guided modules. The hands-on, in-person residencies are coupled with a custom-fitted approach to career development & recruiting. Ross’ online MBA opens the doors to the world’s most desirable employers. Enrolled students will benefit from personalized career preparation, on-campus recruiting with top-tier organizations, and access to the Michigan alumni network. Graduates of the programs can apply their coursework to a real business with MAP. When students complete their projects for a global corporation, small business, or nonprofit, they can take their learning to the next level while making lasting connections in business. The Economist records it as the top MBA in the US and #3 in the world, while it grabs our spot as #1.

Consensus Score
100.00

2

Carnegie Mellon University
Tepper School of Business

Carnegie Mellon University features an online MBA at the Tepper School of Business. The business school’s top-ranked, STEM-designated hybrid online MBA uniquely gives graduate students the online flexibility of learning from anywhere, fused with in-person experiences that ensure they don’t miss anything. This MBA curriculum prepares business leaders for long and successful careers as agile leaders in a world driven by technological advancements and innovation through an unmatched foundation of leadership development, strategic decision-making, and analytics. This online MBA program features the identical curriculum offered by the same faculty as the on-campus Tepper MBA. All courses are focused on leadership and analytics delivered in weekly live sessions. Online students also can spend time with classmates and faculty during Access Weekends, which take place six times each year in various locations. Graduate students start classes with the professors who will teach them all semester and network with other MBA students and alumni while developing critical personal and professional connections. Carnegie Melon thought of everything when designing this stellar program in business.

Consensus Score
95.63

3

University of North Carolina at Chapel Hill
Kenan-Flagler Business School

The Kenan-Flagler Business School at the University of North Carolina at Chapel Hill offers an online MBA. Top UNC Kenan-Flagler instructors teach all classes within this stellar program with a wealth of experience teaching in online learning environments. UNC students know there is no substitute for participation, so they can schedule their classes and coursework in ways that complement their existing responsibilities. In addition to including traditional MBA competencies, enrolled students customize their curriculum according to their interests, goals, and industry. They also develop an approach to leadership that reflects their values, amplifies their strengths, and positions them for success. Business school leaders believe distance learners shouldn’t have to compromise if they want to pursue a rigorous MBA program without disrupting their lives or jobs. Students can expect much from this well-known, time-tested online MBA program designed by some of the sharpest business minds in the business world. The STEM-designated degree prepares business leaders to make strategic, analytical decisions in today’s modern data-driven workplaces. If you’re ready to take your career to the next level, you are prepared for this online MBA.

Consensus Score
93.63

4

University of Washington
Michael G. Foster School of Business

An online MBA is available at the University of Washington’s Michael G. Foster School of Business. This hybrid MBA program is a work-compatible, mostly online MBA format from the top-ranked, accredited Washington business school. Delivered by Foster’s high-caliber MBA faculty, this two-year, interactive degree is perfect for working professionals who need the convenience and flexibility not found in traditional MBA programs. The first of its kind offered by Foster, this hybrid MBA fuses the reputation and rigor of a Foster MBA with the convenient schedule of online courses and quarterly in-person meetings. Created to mesh with active lifestyles, the hybrid, online MBA allows young professionals, working parents, and frequent business travelers the chance to learn where they are while taking advantage of the region’s innovative, unique, and dynamic business community to advance their careers. The program includes a three-to-five day on-campus session each quarter which ensure networking opportunities. Online classes give students the flexibility they need to earn their MBA on their schedule. This is one degree in business you will not want to pass up.

Consensus Score
92.55

5

Indiana University
Kelley School of Business

Indiana University’s Kelley School of Business features an online MBA. Graduate students wanting to advance in their careers and those exploring new career paths will be inspired by this top-ranked Kelley Direct Online MBA. Perks of this innovative degree include dedicated career coaching, a stellar curriculum, and world-class instructors who deliver a state-of-the-art online learning experience. Kelley Direct uniquely empowers distance learners to achieve their goals and discover an online MBA that does not feel like one. By customizing their Kelley Direct Online MBA experience to fit their life and career goals, enrolled students earn the business expertise they need to succeed and garner the experiences that set them apart for employers. Other benefits of this online program include seven majors to choose from, live and interactive class sessions, a timeline of two to four years to complete, and the chance to work directly with local businesses. This online MBA enables distance learners to balance coursework with their careers, family time, and other commitments.

Consensus Score
89.02

6

University of Virginia
Darden School of Business

An online MBA is available at the Darden School of Business at the University of Virginia. Guided by world-class faculty, graduate students’ intentional learning experiences provide them with the skills to lead teams and projects forward, even in times of global uncertainty. Darden’s Executive MBA program features a flexible hybrid format of online and in-person engagement that allows them to earn the MBA while advancing their careers. The case method executive MBA classes mimic the way business is done — across functional units within an organization, across entities within the value chain, and worldwide. This integration across disciplines helps graduate students develop a CEO’s enterprise perspective. It is no coincidence that the Financial Times named Darden the best business school in the world in general management. The curriculum is delivered through leadership residencies, weekend meetings, global residencies, and distance learning. In each of these settings, all classes are taught by Darden instructors. This online MBA has it all.

Consensus Score
81.27

7

Duke University
Fuqua School of Business

An online MBA is offered through Duke University’s Fuqua School of Business. This program’s intensive residencies feature the immersive rigor of a traditional MBA program while reducing professionals’ time away from work and family. Distance periods provide graduate students with the flexibility to complete assignments around their schedules. Distance learners can also learn in more ways by expanding on classroom concepts by interacting with managers worldwide and visiting organizations in various sectors. Students gain further breadth and depth with specializations, certificates, and electives that support their unique business goals. The program’s intensive team-based collaborations feature wide-ranging viewpoints that advance one’s leadership ability. Duke students learn how to draw out strengths from others and produce more innovative results. Working professionals worldwide come together to earn a world-class MBA within this 21-month program. They grow beyond their comfort zones through international residencies that reveal how culture and institutions shape business in North America, Asia, Latin America, and Europe.

Consensus Score
78.61

8

University of Minnesota
Carlson School of Management

An online MBA is currently available at the University of Minnesota’s Carlson School of Management. Students within the Carlson Online MBA Program control their education — no matter where they are or where their career is headed. They can apply lessons from their coursework to their day job while increasing their earning potential, broadening their business knowledge and skill set while opening professional doors. Distance learners can complete this online MBA program in as little as two years with all courses offered online. Besides being exposed to an excellent curriculum, students can also leverage the business school’s top-notch career services by working virtually with career coaches who will help with interview prep, resume reviews, and more. Program designers also encourage students to enjoy the benefits of a vibrant online community and join the Carlson School alumni network that includes over 55,000 business professionals.

Consensus Score
76.82

9

Michigan State University
Eli Broad College of Business

The Eli Broad College of Business at Michigan State University provides an online MBA. This business degree’s weekend format is ideal for today’s working professionals. Features of this program include an outstanding return on investment, access to a high-caliber network, convenient course scheduling, a team-based learning environment, and no GMAT required. Enrolled students can transform their high potential into high performance with this Executive MBA from the Broad College of Business. Students wanting to rise to the C-suite in their current organization or explore new horizons will discover that this 20-month Executive MBA program will give them the knowledge, tools, and connections they need to advance their careers. The business school’s traditional Executive MBA meets in person every other weekend, while the Executive MBA Flex includes online coursework and an in-person meeting one weekend per month. The Flex option retains the impact, heritage, value, and ROI potential of the traditional Broad Executive MBA while offering students more flexibility to achieve their goals.

Consensus Score
76.73

10

Penn State
Smeal College of Business

Penn State provides an online MBA through the Smeal College of Business. Enrolled students learn to strategically lead high-performance teams and solve real-world, complex business issues. With over 20 specializations available, distance learners can customize this top-ranked online MBA to suit their unique career goals. When choosing an MBA program, business leaders need a quality education that fits their needs. The Penn State Online MBA in partnership with the Penn State World Campus offers its students an experience customized to fit their busy lifestyles and unique career goals. The distance degree’s contemporary, interdisciplinary curriculum unifies and integrates all functional business areas, allowing graduate students to approach decision-making from a holistic perspective effectively. They can concentrate on the functional areas they want to specialize in while working at a pace that works for their schedules. The program’s core coursework prepares distance learners to become more effective business professionals by exposing them to the practices and principles vital to modern management. This degree offers a lot to today’s business students.

Consensus Score
76.70

11

University of Notre Dame
Mendoza College of Business

The Mendoza College of Business at the University of Notre Dame provides an online MBA. This stellar MBA integrates principles and best practices with servant leadership. By learning how to support better customers and colleagues, enrolled students learn to grow personally and professionally. Notre Dame’s online MBA has practical applications across nonprofit and for-profit organizations. Graduate students develop the hard and soft skills employers require, including critical thinking, communication, collaboration, and creativity. Besides mastering how to convey complex ideas orally and in writing, students learn how to work as a team while resolving differences and compromising to get results. Graduate students can also expect to learn how to innovate and see situations from various perspectives while finding solutions to challenging issues. They learn from faculty members with a keen understanding of business theory and practice. Mendoza instructors have years of teaching experience and years of experience as leaders in the business world solving real-world issues. This degree in business leadership is one of the nation’s best.

Consensus Score
76.65

12

University of Rochester
Simon Business School

The Simon Business School at the University of Rochester currently features an online MBA. This Executive MBA has been specifically designed to help working professionals no matter their career objectives. It will prepare distance learners for the next phase of their career, help them promote change in their organizations, increase their business performance, or help them redefine personal goals. Enrolled students learn alongside other equally ambitious students from a wide range of industries and backgrounds. Lessons are delivered by experienced instructors whose research findings and insights are valuable to the industry and the media everywhere. Graduate students can expect to see first-hand how business is conducted worldwide. This Executive MBA program can transform careers and help business professionals achieve their goals. The education the business school provides gives distance learners the skills they need to lead organizations, start companies, or help current organizations find new areas for growth.

Consensus Score
73.34

13

University of Southern California
Marshall School of Business

The Marshall School of Business at the University of Southern California provides an online MBA. USC Marshall operates as an internationally recognized business school. It is proud to offer this top-ranked bold program that capitalizes on its online format and welcomes distance learners into the greater Trojan Family that is nearly 400,000 members strong. The coursework of this online MBA provides graduate students with the camaraderie and rigor they would expect of an elite program, pairing a comprehensive curriculum with powerful virtual tools. The program teaches business students to become forward-thinking leaders who can analyze situations from diverse perspectives and create practical, effective solutions. This bold, comprehensive degree combines rigorous teaching and curriculum with the efficiency of online learning. Every course is designed top-to-bottom for an online format and led by several Marshall faculty members. Each class uses real-world scenarios to help graduate students develop abilities that employers expect of executive-level leaders.

Consensus Score
72.76

14

Arizona State University
W.P. Carey School of Business

Arizona State University’s W.P. Carey School of Business provides an online MBA. Enrolled students develop their leadership skills wherever and whenever learning suits them best. With flexible elective and concurrent degree options and the chance to take one core course at a time, the W. P. Carey Online MBA allows distance learners to focus on their studies while managing their careers and lives. U.S. News & World Report highly ranked this distance degree. It delivers the same course content taught by instructors from Arizona’s full-time MBA. Online students earn the same highly-rated degree. Distance learners have access to a host of resources. A recent $15 million donation to the W. P. Carey Foundation to support career services provides resources and opportunities for online learners. The W. P. Carey Online MBA mirrors the MBA students receive through on-campus part- and full-time programs, offering multiple electives and the same core curriculum to enhance the MBA. This program offers unique features you won’t find anywhere else.

Consensus Score
72.32

15

University of Maryland, College Park
Robert H. Smith School of Business

The University of Maryland, College Park’s Robert H. Smith School of Business features an online MBA. This incredible distance degree develops expertly skilled business leaders based on data-driven problem-solving. Maryland Smith MBA graduates represent the leadership, communication, analysis, and decision-making skills needed to thrive at the forefront of local, regional, and international industry. They also enjoy the convenience and flexibility of online coursework as they join a network of over 65,000 alumni worldwide. Distance learners experience the identical academic rigor and top instructors offered in the campus-based programs. Students also benefit from an AACSB-accredited school with a highly focused and experientially driven online MBA. Robert H. Smith School of Business is internationally recognized and features a world-renowned faculty delivering an innovative curriculum developed from real-world business experience. This online MBA offers flexibility while providing an environment where students hone their leadership abilities and develop high-level analytical and communication skills. Online students can expect to acquire knowledge that lasts throughout the program and beyond.

Consensus Score
70.36

16

University of Florida
Warrington College of Business

The Warrington College of Business at the University of Florida provides an online MBA. Program architects understand that balancing work, life, and educational commitments is essential for working professional students. UF’s MBA gives graduate students the tools they need to succeed in all areas of their lives while earning their MBA. The business school currently offers a one- and two-year format for distance learners. The 16-month option is an accelerated program designed for those with a bachelor’s degree in business and who graduated within the past seven years. This is the quickest way to get an MBA at UF. All students enrolled in UF’s Outreach Engineering Management are eligible for this option. Florida’s 24-month option features course materials developed by the same respected instructors who have helped UF MBA at Warrington College of Business garner national prominence. This format is recommended for students seeking maximum flexibility. The UF MBA Program was one of the first schools in the nation to offer a fully accredited online degree. UF’s MBA is considered one of the world’s best business programs by Financial Times and U.S. News & World Report.

Consensus Score
70.07

17

University of Wisconsin-Madison
Wisconsin School of Business

The Wisconsin School of Business at the University of Wisconsin-Madison provides an online MBA. Program designers understand that today’s business world is agile, tech-driven, and constantly evolving. Wisconsin’s Professional MBA is designed to relate to the modern workplace, where the need for collaboration within diverse teams is fused with flexible, online access. This stellar MBA allows graduate students to earn their degrees at a Big Ten university, online, on-campus, and customized to their specific career goals. Since business professionals’ time matters, these virtual courses offer the opportunity to build time into their everyday life to accomplish their career goals and grow the strategic and leadership skills that determine professional development. The Wisconsin Professional MBA couples everyday learning with intentional classroom weekends that give distance learners the chance to practice their new skills and connect with peers and business experts. Each program course features online and in-person content. All enrolled students enjoy a flexible delivery of course material with the rich experience of networking and collaboration. This degree has it all.

Consensus Score
69.41

18

Rice University
Jesse H. Jones Graduate School of Business

An online MBA is available through the Jesse H. Jones Graduate School of Business at Rice University. Through an unparalleled mixture of core skills training and customized support from best-in-class professors, this online MBA from Rice Business will teach graduate students to pursue innovation fearlessly, nourish bold business ideas, and draw inspiration from diverse experiences. The Princeton Review has ranked the [email protected] as the best distance degree for graduate entrepreneurship studies two years running. This stellar program prepares students to apply both cutting-edge and traditional business principles to current real-world issues. Enrolled students amplify their technical and leadership skills while choosing several elective offerings in operations, finance, marketing, entrepreneurship, and strategy. Graduate students in business will pursue a combination of live online classes, interactive coursework, and periodic in-person networking and learning outings throughout the program. Rice Business believes personal connections and close collaboration within a diverse community are just as essential as technical business skills.

Consensus Score
66.58

19

University of California, Irvine
Paul Merage School of Business

The University of California, Irvine, offers an online MBA at the Paul Merage School of Business. This UCI Fully Employed MBA program teaches students to think creatively about issues and opportunities arising from digital technologies and helps them develop new skill sets to lead with confidence. The business school’s top-ranked FEMBA program is perfect for early-to-mid career working professionals needing an MBA delivered in a flexible, work-friendly format. It features a rigorous curriculum recently updated with specialized tracks of study, new case studies, and research insights. This program develops strategic thinking capabilities to reveal how digital technologies can affect markets and impact all aspects of an organization. Merage’s inclusive environment features a diverse student body, including military personnel. Business leaders looking to enter new professions, enhance their current career paths, or start their entrepreneurial venture will discover that the Merage School Fully Employed MBA will help them develop as game-changers in the digitally driven world.

Consensus Score
65.97

20

Emory University
Goizueta Business School

The Goizueta Business School at Emory University features an online EMBA. Graduate students enrolled in this Executive MBA brush up on business foundations and go deep on leadership strategy concepts related to a broad range of industries. In addition to learning from experts and trading ideas with fellow students, they also dive into learning immersions like global study trips, policy trips to DC, and executive skills workshops in Atlanta. In as few as 18 months, the program culminates in an EMBA that takes business leaders higher, further, and beyond. Professors infuse how to be a leader into every course of this Executive MBA program. Learners sharpen their leadership skills in real-time in the leadership reactions course, get leadership guidance from working executives and prominent alumni, and benefit from ongoing feedback and coaching from faculty on leadership performance throughout the EMBA program. There are many reasons to earn an Executive MBA at Goizueta, but none compares to the powerful resources and network that Emory and Goizueta can offer.

Consensus Score
65.88

21

University of Georgia
Terry College of Business

The Terry College of Business at the University of Georgia provides an online MBA. Enrolled students of this incredible Executive MBA develop skillsets and approaches that empower them to redefine their approach to executive leadership. On-campus classes are held in Atlanta at the Terry Executive Education Center. Graduate students build relationships and collaborate with experienced professionals who work in inclusive and diverse learning environments. The Economist has ranked this degree as a top ten U.S.-based public program. EMBA students can earn their degrees in 18 months through online learning, weekend instruction, and immersive residency weeks. The program’s flexible format means students learn on their own time anywhere and in the classroom. Business school leaders designed the program with a 50%-50% mix of online and classroom learning. Terry’s unique approach and international exposure include weekend sessions and international residencies and leadership opportunities on the UGA campus in Athens. This advanced business degree would be an asset to any professional’s resume.

Consensus Score
64.99

22

Boston University
Questrom School of Business

An online MBA is featured at Boston University’s Questrom School of Business. This advanced degree has been designed from the ground up with the global online business student in mind. The BU Questrom Online MBA features an innovative curriculum that includes the themes that drive business in the 21st century. Completed in as few as two years, this engaging, high-quality, and rigorous MBA is entirely online. Developed and delivered by the world-class instructors who teach in the business school’s top-ranked, on-campus MBA programs, this online MBA will allow distance learners to advance critical skills needed to make management decisions within the complex global business ecosystem. Online MBA students are part of a worldwide learning community that includes outstanding faculty and staff in Boston and a growing network of over 50,000 remarkable Questrom alumni and 330,000 Boston University alumni— not to mention the online MBA students worldwide. Questrom’s online MBA will put students ahead of the curve and position them for future success.

Consensus Score
64.33

23

Washington University in St. Louis
Olin Business School

An online MBA is delivered at Washington University in St. Louis’ Olin Business School. Program architects understand that technology is changing the world rapidly. Today’s business leaders need skills and knowledge to stand up to today’s challenges and what’s on the horizon for tomorrow. WashU Olin’s online MBA program is based on core MBA fundamentals. This degree goes further by framing all required and elective courses through a digitally-driven business landscape lens. Industry leaders agree that a new MBA is needed as advances like cloud infrastructure, big data, AI, and the Internet of Things continue to redefine how products and services are delivered. This degree is perfect for those wanting to be digitally literate leaders capable of using technology as a strategy. The progressive curriculum is based on WashU Olin’s data-driven and values-based leadership framework. Enrolled students are transformed into advanced leaders able to manage the fundamental changes in how we work, live, and interact with each other. This online MBA has a lot to offer.

Consensus Score
63.76

24

University of Pittsburgh
College of Business Administration and Joseph M. Katz Graduate School of Business

The College of Business Administration at the University of Pittsburgh provides an online MBA. This Part-Time MBA is designed for active working professionals seeking individualized career growth and business acumen. Choose from classes offered online and in-person during the evenings and weekends. Graduate students residing in and out of Pennsylvania pay the same tuition rates. Students can complete their degrees at their own pace while working full-time jobs thanks to the business school’s flexible, tailored format that allows learners flexibility whether they study remotely or on campus. When it comes to their careers, the program designers understand that graduate students need to be confident and ready to pursue the next opportunity and tackle the next challenge that comes their way. To do that, business leaders need to improve their knowledge and skills continuously. Katz offers this degree as family, work, and financial obligations can make it a challenge to return to school and pursue an MBA. Business school leaders believe graduate students should master the competencies needed to advance in their careers without committing to a full-time, on-campus program.

Consensus Score
62.91

25

University of California, Los Angeles
Anderson School of Management

An online MBA is currently offered at the Anderson School of Management at the University of California, Los Angeles. For nearly a decade, UCLA Anderson has proudly offered a ground-breaking, hybrid scheduling option that blends on-campus and online learning environments. The hybrid format makes it easier for actively working professionals who want to earn an MBA but cannot visit campus each week. Distance learners are only responsible for four campus visits per quarter or one weekend every three weeks. Between on-campus weekends, courses are offered via an online platform. This practical and convenient solution is perfect for students with many career and personal commitments or lengthy commutes. All hybrid courses blend on-campus immersion with online lessons, web-assisted study tools, and interactive group work. On-campus meetings, interactions, and activities are essential to the online sessions. The holistic UCLA Anderson student experience and network are significant benefits as the time spent on campus help establish lasting professional networks with peers and faculty.

Consensus Score
57.61

The MBA

A Master’s of Business Administration, also known as an MBA, is an advanced business degree that allows graduate students the opportunity to deepen and sharpen their knowledge of business. MBA students focus on crucial topics such as human resources, finance, communications, management, and marketing throughout their course of study, among other essential business subjects. While all MBA students graduate with a broad business administration education, many opt to concentrate and tailor their studies toward one specific aspect of industry, for example – hospitality, realty, sports management, executive leadership, and health care.

Becoming a graduate student and returning to a university to work toward an MBA is a significant decision. It is a decision actively working professionals, and recent college graduates, should not take lightly. Potential MBA students who are already employed and those who have other personal and professional commitments to juggle will discover that the option is perhaps even more consequential with more at stake. While an MBA has been proven to raise the potential for one’s success and salary in business, the idea of leaving a position to travel and live in another city or state can feel daunting. When considering the choice, questions will naturally arise which need answers: Can I afford the tuition? Can I expect a notable return on investment? Can I flourish in my career while I study? These are vital concerns to consider.

The Online MBA

The good news is that now is a great time to consider an online MBA program. Covid-19 greatly affected how all colleges and universities consider distance education. Online students can now reap the benefits of improvements these institutions of higher learning have put into place. Many of the nation’s best online MBA programs have been designed with professionals with active and multifaceted lives in mind. Online and part-time options allow students to deepen their knowledge and experience in the business world while maintaining personal commitments and balancing successful careers.

For some, there may never be one right time to begin pursuing an online MBA program. However, the time will always be now. If you are contemplating business school, consider these reasons why you owe it to yourself to take the next step in your career by earning an online MBA:

An Online MBA Improves Leadership Skills

An online MBA equips business students for leadership roles within organizations in their field. As the Harvard Business Review reports, many leading MBA programs emphasize building solid interpersonal and leadership skills. Noteworthy MBA programs teach students how to become effective managers. While many online students already work in management positions, the opportunity they must build on and refine their leadership skills in an academic setting, with fellow students looking to do the same, is a significant opportunity to consider.

An Online MBA Can Increase Job Opportunities

In the business world, many entry-level positions only require an undergraduate degree from a four-year accredited university – a graduate degree is generally not essential. However, since an advanced degree like the online MBA is optional, it will give professionals vying for limited positions an edge over competitors in the field when looking for advancement opportunities. Graduate students who take the time to earn an online MBA will likely notice increased enthusiasm from employers and discover that they are eligible for more advanced and lucrative positions.

An Online MBA Can Be Affordable

One excuse some professionals use for not returning to higher education is the cost of the program. This is not surprising, given that some business schools advertise tuition rates that can exceed tens of thousands of dollars per year. However, as The Princeton Review reports, online courses can be much more affordable. Some of the nation’s best business schools also provide opportunities for qualifying students to secure scholarships and financial aid. Many organizations offer financial assistance to employees interested in earning an online MBA, as these employees may stand a good chance of staying with the company once their degree is completed. Potential graduate students should keep in mind that if they enroll in an online MBA program, they automatically save money on the cost of commuting. Working professionals also enjoy a steady income from their day jobs.

When considering the financial burden of an advanced degree, it is important not to assume that an MBA is out of reach. Commit to doing your homework and research your options thoroughly. You may discover that an online MBA is much more financially viable than you first imagined.

An Online MBA Provides a Comprehensive Business Education

For some, an online MBA is a means to an end – a mere stepping stone to lucrative and high-powered career opportunities. Because of this, the educational rewards of the program can be minimized or overlooked. It is essential not to underestimate the educational benefits of the degree. As Forbes confirmed, MBA students learn from highly knowledgeable instructors, many of whom become lifelong mentors and friends to their students. Many MBA students leave graduate school with a strong sense of who they are, their career goals, and what to expect within the business world.

Online MBA programs Offer Excellent Networking Opportunities

In the same way that instructors may become valuable professional contacts, the same can be said of peers within an online MBA program. When graduate students begin an MBA program, they soon discover many opportunities to interact with other students who possess similar professional goals. This presents substantial opportunities to make lifelong professional connections. Business schools across the nation maintain established alumni networks that act as valuable resources for graduates to explore new options.

Online MBA programs Provide Students with Unparalleled Technological Insights

MBA programs stay up to date with, and educate students on, all the current developments in business. This is especially true for MBA students taking coursework through distance education as they are conduits for receiving information and participating in interaction that depends on the latest programs and platforms.

Working toward an MBA is no simple task, especially for students balancing full-time careers and personal obligations simultaneously. The challenge, however, should be welcomed. Completing an online MBA demonstrates to employers and professional contacts that you rise to the occasion when achieving a challenging goal. Earning a degree like the online MBA indicates to others that you take your career seriously and are willing to put in the additional time to gain a qualification that puts you ahead.

Related:

Ultimate Guide to Online MBA Degrees
Best 1-Year Online MBA Programs
Best Online MBA Programs for IT Managers
Best Online MBA Programs for Sales Managers
Best Online MBA Programs for Marketing Managers
Best Online MBA Programs for Fundraisers
Best Online MBA Programs for Management Analysts
Best Online MBA Programs for Business Operations Managers