With the recent pandemic, online educational programmes have been all the rage. It is a safe and effective option to upskill yourself and improve your career trajectory. Since the people who opt for online MBA programmes are primarily working full time, an online MBA allows them to instantly apply their skills to practical use.
Here are the top 10 MBA schools you should check out to give yourself an edge over everybody else.
The Kelley School of Business has consistently been ranked #1, offering the best online MBA program in the country. Located in Bloomington, Indiana, it is an AACSB-accredited school offering seven majors, 50% electives, and a fundamental business core. The online faculty is identical to the on-campus MBA faculty, which is a huge plus.
The total tuition and fees are $78,246, with an average mean salary after graduation of $125,000. The Kelley School Of Business has an acceptance rate of 36%, with an average GMAT score of 642.
Located in Chapel Hill, North Carolina, the Kenan-Flagler Business School is ranked #2 in the online MBA domain. The unique characteristic of the online MBA program offered by this school is that it is STEM-designated, emphasising analytical skills and management practices.
The tuition and fees for this school are a little bit on the higher side of $125,589, with an average starting salary of $134,235. It has an acceptance rate of 55%, with an average GMAT score of 694.
Marshall School of Business is among the top colleges offering online MBA programs. It is located in Los Angeles, California, and the academic curriculum is delivered through both asynchronous and real-time interactive sessions in virtual classes.
Along with a streamlined course, the academic support from the professors has been unparalleled, as mentioned by the previous alumnus of the school, with tuition and fees of just around $109,000 and an average starting salary of $189,000. The return on investment is respectable.
Jesse H. Jones Graduate School of Business: Rice University
Rice University is often called the ‘Ivy of the south’, and their online MBA program carries the same reputation. Located in Houston, Texas, Jesse H. Jones Graduate School of Business is ranked #4 by the Princeton Review in the online MBA domain within the United States.
With only 15-20 students per class, the individualised attention received by the students is unparalleled. The total tuition and fees are around $112,330, and an average starting salary of $123,786. It has an acceptance rate of 69%, with an average GMAT score of 690.
Tepper School of Business is also a STEM-designated MBA program focusing on analytical methods and tools to solve management problems effectively. The degree provided is identical to the on-campus MBA with a more flexible curriculum.
It is located in Pittsburgh, Pennsylvania, and includes short on-site visits called “ access weekends” and online classes. The tuition and fees are $141,320, with an average starting salary of $134,000.
Hough Graduate School of Business is one of the most affordable colleges providing an online MBA program. Consistently ranked in the top 20 schools for online MBA programs, it is one of the best colleges for an MBA in Florida and the entire country.
Located in Gainesville, Florida, it is an AACSB-accredited college especially famous for veterans transitioning to civilian life or on active duty to enhance their business knowledge.
The tuition and fees for this school are close to $60,000, with an average starting salary of over $150,000. So, the return on investment is relatively high.
The online MBA program at The Daniels College of Business offers a flexible schedule at a reasonable price, allowing working professionals to earn an MBA degree in as little as 21 months. It provides the right blend of synchronous and asynchronous learning, emphasising self-study.
Located in Denver, Colorado, its tuition and fees are $83,220, with an average starting salary of $106,718. It has an acceptance rate of 77%, with an average GMAT score of 612.
The College of Business Administration in lincoln is by far the most affordable college on this list, offering an online degree in five concentrations, mainly in business administration, international business, finance, marketing or supply chain management.
Located in Lincoln, Nebraska, its tuition and fees are $31,200, with an average starting salary of $116,108. The return on investment is pretty good. The college has an acceptance rate of around 81%, with an average GMAT score of 600.
For decades, the Leavey School of Business has run a respectable on-campus MBA program in San Franciso Bay. The new online MBA program is no less demanding and rewarding. The online program is all about flexibility in schedule while the rigour remains the same.
Located in Santa Clara, California, its tuition and fees are $84,260, with an average starting salary of around $108,000 and has an acceptance rate of 93%.
The Jack Welch Management Institute was founded by the previous chairman of General Motors, Jack Welch and his wife in 2009. The curriculum focuses heavily on business leadership and how to apply it in the real world.
Located in Washington, DC, its tuition and fees are $48,000, with an average starting salary of around $99,000 and an acceptance rate of only 25%.