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What Is a Master of Business Administration?
A master of business administration (MBA) sharpens the skills of aspiring managers and business professionals. The MBA dates back to the early 20th century. As the nation was becoming increasingly industrialized, companies were in need of professionals with strong management skills to lead administrative operations and corporate initiatives in the workforce. The world’s first MBA degree — offered by Harvard University in 1908 — approached the concept of management from a scientific point of view; the degree identified a uniform set of skills to standardize the training for business administrators in any industry or field.

Since its introduction to industrial America, the MBA has evolved into a diverse and comprehensive program for professionals in all areas of business and commerce. Today, the degree is meant to broaden students’ conceptual skills in critical thinking, leadership, communication, and problem-solving, while also allowing them to pursue a particular concentration or forge their own path as an entrepreneur.

Many schools offer concentrations in popular areas of business administration to help students strengthen specialized career skills. Traditional MBA specializations include finance, marketing, accounting, and international business, with additional options emerging in information technology management, healthcare leadership, and entrepreneurship.

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Why Should You Pursue an MBA?
In today’s rapidly evolving economy, the MBA ranks among the most popular professional degrees around the globe. MBA programs blend advanced skills in business and management with practical experience to prepare graduates to start or advance in a management career in virtually any field they choose. Employers may prefer MBA graduates because of the breadth and depth of their professional skills, field experience, and insider knowledge of business networks and relationships.

What Do You Learn in an MBA Program?
Business professionals value MBAs because of their versatility, comprehensive curriculum, and practical application. To prepare graduates for the ins and outs of leadership positions at small companies and large corporations alike, MBA coursework covers all aspects of business administration. Students learn about marketing, accounting, strategy, and finance. Soft skills, such as communication and leadership, are also developed.

The best online MBAs combine formal classroom training with hands-on learning. Students apply newfound knowledge and skills during simulation exercises, collaboration and discussion with peers, and examination of case studies. Final capstones often require students to develop a mock business, present a professional portfolio, or put together a mock proposal for an actual client.

A solid MBA foundation prepares graduates to enter the ever-changing business sector, but these graduate-level abilities can serve beyond business applications. Skills in problem-solving, strategic research analysis, and effective communication translate to managerial potential in many industries and environments.

In an MBA program, participants learn from other business professionals. MBA faculty usually hold extensive leadership experience, in addition to a terminal degree. They bring unique experiences, perspectives, and ideas to the classroom, enriching textbook subjects with practical knowledge and expertise.

What Skills Do You Learn in an MBA Program?
Leadership and Motivation: Management is about making a team more efficient. Leadership is about motivating a team to work toward a common goal. MBA students learn leadership skills through a combination of psychology, sociology, and communication studies.
Teamwork: Successful business leaders know how to work effectively with other individuals, as well as in groups. Online MBA programs foster development of teamwork skills by enrolling students in cohorts and encouraging or requiring collaborative participation with other students.
Communication and Public Speaking: Interpersonal skills are among the most vital soft skills for business leaders. While an online MBA may offer less opportunity for direct in-person contact with peers and professors, students can still enhance their communication and public speaking skills through theoretical study, message boards, and presentation delivery.
Problem-solving: Effective leaders must know how to address issues and solve problems under pressure. Online MBA students learn indispensable problem-solving skills through class exercises, studying practical business challenges, and completing coursework.
Explore MBA Programs In Over 30 Concentrations

You may still be wondering about what an MBA can do for you. For students interested in business, earning an MBA can be beneficial at all stages of their career. Those just starting an MBA program can develop valuable networking and entrepreneurial skills for future business ventures, while those nearing graduation gain work experience through internships and/or job assistance programs.

After graduation, MBAs provide graduates an advantage in an increasingly competitive workforce. Additionally, MBAs are generally more versatile than other graduate-level business degrees; they offer a variety of concentrations and specialized coursework, allowing students to customize their studies according to their interests and career goals.

Average Salary by Master’s Degree Type
MASTER’S DEGREE TYPE AVERAGE ANNUAL SALARY
Master of Accounting (MAcc) $68,000
Master of
Management (MMgt/MM) $76,000
Master of
Business Administration (MBA) $86,000
Source:Payscale, July 2019
The benefits of an MBA depend on a student’s individual career goals. MBAs could be ideal for students with undergraduate degrees looking to advance in their current role in the workforce, as well as those pursuing a career change. Students considering an MBA who already have a business-related undergraduate degree can sharpen their skills through continued education in a concentration of their choice. Students with non-business undergraduate degrees, conversely, can use an MBA to kickstart a career as an entrepreneur or manager.

Whatever one’s previous education, many MBA programs require applicants to have several years of work experience as a condition of acceptance. While undergraduates with little experience may still be eligible for admission, MBA programs generally favor experienced candidates — a cohort group made up of students with a shared minimum experience level tends to maximize the benefits for all involved.

Earning an MBA is a major accomplishment that offers significant benefits to those willing to make the commitment. However, even the admissions process can feel challenging. Expect to plan ahead to gather letters of recommendation, write essays, and take the GMAT or GRE test.

Once accepted, MBA candidates will likely need to devote much of their time to pursuing their degrees. Rigorous coursework, homework, and internship/fieldwork commitments may leave little time for anything else outside of school. While it may not be realistic for everyone to stop working to attend school full time, trying to work while completing an MBA is often quite difficult. Pursuing a more flexible online MBA may be a sensible option for those looking to maintain a steady income and keep their job while meeting the demands of an MBA program.

Careers for MBA Graduates
Whether you’re looking to advance in your current job, find new employment opportunities, or transition into an entirely different career, an MBA represents the gold standard for business professionals and prospective employers. Coursework is designed to provide the soft skills employers desire most — including communication, leadership, problem-solving, and time management — as well as experience in a particular specialty of a student’s choice. The possibilities are nearly endless for MBA graduates, whether they aspire to a career in a traditional business setting (e.g., accounting, finance, or marketing) or in an emerging field (e.g., IT, energy, or global commerce).

COLLAPSE ALL EXPAND ALL
Senior Accountant
Chief Financial Officer
Marketing Director
Vice President of IT
Salaries for MBA Graduates
One of the most commonly cited reasons for earning a graduate degree is the likelihood of increased earning potential. However, not every master’s degree holder earns a premium salary relative to the income of a bachelor’s degree holder. Therefore, prospective graduate students should calculate their own personal return on investment. In weighing the true worth and benefit of a degree, several factors should be considered, including program cost, long-term and short-term income potential, and lifetime benefits.

More students earn master’s degrees in business than in any other field. The total cost of an MBA program can vary widely depending on the school you attend. For example, an MBA from the University of the People — an online school without traditional tuition — costs approximately $2,500. Utica College advertises an online MBA that costs approximately $20,000. Online students at George Washington University shell out six-figure investments for their MBA, with tuition costs alone reaching well above $100,000.

Short-term and long-term ROIs are impacted by individual salaries and how long it takes to pay off school debt. Students should remember that more expensive programs do not necessarily lead to higher-paying jobs. Base salaries for class of 2019 MBA graduates average around $85,000. Certain MBA concentrations can help increase the ROI by preparing students for high-paying business administration jobs in healthcare, finance, and marketing.

In short, there is no one-size-fits-all formula to calculate the ROI of every MBA program. Students must consider their own finances and projected degree costs, along with potential earnings and job growth projections in their local economy.

Median Salary by Master’s Degree Type
MASTER’S DEGREE TYPE MEDIAN ANNUAL SALARY
International Business $90,000
Finance $97,000
Marketing $91,000
Accounting $72,000
Source:Payscale
Average Salary by Degree Level
DEGREE JOB TITLE SALARY
Associate of Business Administration Operations manager $59,000
Bachelor of Business Administration Operations manager $58,000
Master of Business Administration Operations manager $78,000
Source:Payscale, 2019
In-depth Interview With an MBA Grad

Anna Frances Wood
CEO of Brains over Blonde

I was born and raised in the Bay Area and until this summer, never left! I went to the University of California, Berkley for my undergrad and designed my own major called organizations and leadership. I spent four years at Google and then went on to Stanford University for my MBA. Since then, I’ve founded Brains over Blonde — a feminist lifestyle platform for women who refuse to choose between femininity and success.

COLLAPSE ALL EXPAND ALL
What made you consider an MBA?
Explain your application process and experience choosing a school.
How was your experience in your MBA program?
How was your experience towards the end of your MBA program? Did your school offer to help?
How has your MBA affected your life after graduation?
What advice would you give to students who are thinking about earning their MBA?
The MBA Curriculum
As you look at MBA programs, you will likely become familiar with the basic structure of the average curriculum. While programs vary slightly, there are typically several types of classes that learners complete while earning an MBA, including foundation, core, and elective or concentration courses. Although it may feel overwhelming, students are encouraged to look into the different courses they can take before enrolling to get a better idea of what they might learn in an MBA program. Read on to explore the various types of MBA courses.

Foundation Classes
MBA foundation coursework is important for undergraduates entering an MBA with a non-business degree. Classes include subjects like business finance and statistics. These help program administrators assess an individual’s level of competency while also helping students build general professional skills they’ll need in the workforce.

Core Classes
Core courses in an MBA program explore crucial skills for business professionals, including accounting, economics, business strategy, and finance. Soft skills like leadership and communication may also be included in this category. Regardless of a student’s concentration, they must satisfy a set number of core credits related to key concepts designed to benefit business administrators.

Electives/Concentration Courses
Electives and concentration courses vary from one person to the next and largely depend on a student’s area of interest. These types of courses provide in-depth study in a focused area of business administration to prepare students for their particular career path. Common concentrations include accounting, entrepreneurship, and information technology management. The available pool of electives depends largely on the program –some schools allow students to choose from a wide variety of interdepartmental courses, while others require students to choose from a smaller group of business-oriented special interest topics.

Capstone
The capstone or final project is crucial to the process of earning an MBA. Encompassing many strategic management concepts, a capstone may be delivered in a variety of ways depending on a program’s individual requirements. Whether a program calls for students to create a mock business from the ground up, develop a business proposal with a real-life client in mind, or present a professional portfolio, capstone courses provide students with an opportunity to fully realize the skills they developed over the course of the program.

Example Curriculum
While programs vary from school to school, this guide uses the Charlton College of Business at the University of Massachusetts Dartmouth as an example of a top MBA curriculum. The following sections discuss courses that are offered at UMass Dartmouth and outline what students can expect to learn in each class. Though the MBA curriculum at UMass Dartmouth may be similar to other programs, the following is just a representative example. Be sure to check the websites and/or course catalogs of your prospective schools for details on your programs of choice.

Foundation Classes
Foundations classes in UMass Dartmouth’s MBA program include financial accounting, statistical analysis, and economics concepts for managers. These courses target business graduate majors from non-business backgrounds. Each course is lecture-based and presents an overview of the basics of each subject in the context of business and commerce. Coursework stresses external financial reporting, applicable economic theories like micro- and macroeconomics, and case studies related to statistics.

Core Classes
UMass Dartmouth’s MBA requires 21 credits of core classes, including accounting for decision making, advanced organizational behavior, IT management, and marketing strategy. These lecture-based courses emphasize experiential learning and student-centered discussion to reinforce crucial problem-solving, decision making, and strategic management skills. Core courses explore the finance, marketing, and operations analysis skills required to succeed as a business professional.

Electives/Concentration Courses
UMass Dartmouth offers MBA candidates a choice of 10 concentrations: accounting, business analytics, finance, marketing, leadership, supply chain management and information systems, environmental policy, health systems management, international business, and public management. Students may also create their own concentration by selecting 3-4 approved electives as their focus area; these classes must total nine elective credits. UMass Dartmouth offers a variety of relevant electives in special interest areas, such as international financial management; interactive marketing; and leading, motivating, and empowering others.

Capstone
The strategic management capstone at UMass Dartmouth is the culmination of core requirements for the MBA degree. With a focus on developing management skills for the global business environment, this capstone course prompts students to explore competition among businesses and consider strategies for improving operations in a growing international market. The capstone requires students to formulate and implement a strategic plan of their own design.

How Long Does It Take to Get an MBA?
The length of time it takes to get an MBA depends on many factors. An accelerated schedule allows you to graduate faster than a part-time program, for example, but this also depends on what options are available at a particular school. Some programs offer students the opportunity to take more than one class at a time, while others may have strict mandates about the maximum course load taken each semester. Students typically need to complete 30-60 credits, although learners who do not hold a bachelor’s in business must usually satisfy additional prerequisites, which can extend the length of time it takes to graduate. When choosing an MBA, students should select a program that matches their particular scheduling needs.

What Types of MBA Programs Are Available?
COLLAPSE ALL EXPAND ALL
Full-time MBA
Part-time MBA
Online MBA
Hybrid MBA
Executive MBA
Accelerated MBA
Professional MBA
Global MBA
Modular MBA
Dual MBA
MBA Certificates
Recommended Reading
Marketing directors oversee all aspects of marketing operations for a business, company, or nonprofit organization. They may serve in an executive or supervisory capacity, directing marketing, advertising, and promotions. Many marketing directors with an advanced degree and qualifications can earn six-figure salaries in a senior position.
Vice presidents of IT companies oversee internal and external operations of their organizations at the highest level. The executive decisions made by an IT vice president direct operations for an entire organization, including budgeting and resource allocation and outreach efforts. They may also meet with board members and shareholders. Vice presidents and other top executives are among the highest paid workers in the U.S., and MBA graduates with extensive work experience can expect favorable employment and salary opportunities in these roles.
I was fortunate that business school was on my radar early on, and I always knew I would likely want to pursue an MBA at some point. When my learning started to plateau at Google, I was ready for my next challenge, and it felt like the right time.
All in all, it was probably a two-year process: one year considering if an MBA was right for me and one year studying for the GMAT, getting the score I needed for the schools I was applying to, and then applying. It was a huge personal growth process as the applications require a lot of self-reflection. I was lucky enough to get into my dream school, so the choice was an easy one.
It was the best two years of my life so far. I learned so much — not just about business, but also about life. I got an immense amount of feedback and learned more about who I am, how I come across, and who I want to be. I made friendships that will last a lifetime. The hardest part was my accounting classes, hands down.
What Is a Master of Business Administration?
A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions. An MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing, and relationship management.

KEY TAKEAWAYS
An MBA is a graduate business degree focused on management.
MBA students can also focus on other aspects of business, like finance or risk management.
Many schools now offer specialty programs, like sports management, entrepreneurship, the entertainment business, or healthcare management.
Executive MBA programs are available for experienced professionals who cannot commit to a full-time schedule.
Understanding Master of Business Administration (MBA)
A master of business administration (MBA) is a level up from an undergraduate business degree and generally places the graduate well above those with only undergraduate degrees. Most major universities and colleges provide MBA programs, which usually last two years. To get into an MBA program, an applicant needs to take the Graduate Management Admission Test (GMAT) and be accepted by the program based on its selection criteria.

It is not uncommon to gain professional experience before applying to elite MBA programs.
MBA programs typically include core classes in accounting, management, finance, marketing, and business law. Management training is at the heart of any MBA curriculum, with a focus on leadership, planning, business strategy, organizational behavior, and the more human sides of running a large or small business.

Increasingly, MBA programs are broadening their focus to include training in international business and to focus on the responsibilities and corporate accountability of businesses within their communities.

The MBA degree is seen as essential to enter certain fields, including strategic planning, hedge funds, and private equity firms. Other financial services fields, however, may no longer consider an MBA an entry-level degree to get started.

1:31
MBA Vs Executive MBA: Which Is Better?
Specialized MBA Programs
While MBA candidates can focus on one of the core disciplines of the degree, such as management or finance, many MBA programs allow students to develop concentrations in specific industries. For example, an MBA student might specialize in sports management, entrepreneurship, the entertainment business, or healthcare management.

Even within a management specialty, MBA degrees can allow a concentration on information technology, hospitality, education, or criminal justice. Some MBA programs team up with various professional healthcare programs, such as nursing schools, to offer joint degrees.

Special Considerations
Specialized MBA programs are also available for students whose lives and careers do not permit them to attend school full time. For example, executive MBA programs are designed for working professionals hoping to add to their credentials and qualifications. These courses of study typically schedule classes for nights and weekends, sometimes also requiring short residencies of intensive coursework.

Executive MBA programs are typically only open to candidates who already have substantial professional experience, and they thus tend to focus on more advanced topics such as leadership development.

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El Global Executive MBA en formato Hybrid te aporta una visión global de los mercados mientras te permite desarrollar networking a nivel mundial, indispensable para los profesionales actuales. Impartido a través de nuestra innovadora Metodología Hybrid, aprendizaje virtual con tres períodos residenciales de una semana en Madrid, Shanghái y Nueva York, el programa imita la realidad de las empresas y el mundo laboral actual, una perfecta combinación entre el mundo digital y el presencial. A lo largo del programa adquieres una visión fundamental del mercado y los negocios en Asia, América y Europa.

Dirigido a profesionales con una media de 10 años de experiencia profesional, cada año recibimos alumnos residentes de más de 15 países diferentes que se embarcan en esta experiencia transformadora. En el transcurso del GEMBA, adquieres una red de contactos global y las herramientas necesarias para tu desarrollo profesional, a la par que los conocimientos, habilidades y competencias de última tendencia en el ámbito de liderazgo.

La experiencia del Global Executive MBA está construida en base a la realidad del mundo empresarial actual y te permite aplicar lo aprendido en clase en tiempo real en tu vida profesional, impulsando tu aprendizaje. El programa te prepara para dar respuesta a los retos que presenta el panorama empresarial de un mundo cada vez más dinámico y entrena a líderes que inspiran y empujan la transformación, dentro y fuera de la empresa.

Razones por las que realizar
este máster en EAE Business School

Global Exectuive MBA
Global Exectuive MBA
Global Exectuive MBA
Global Exectuive MBA
Global Exectuive MBA
Un programa global

El programa incluye un espectacular plan de estudios internacional. Los residenciales se dividen entre Madrid, Shanghái, y Nueva York. Aprovechando la fuerza de nuestros partners en Shanghai University y Kean University, conocerás el mundo de los negocios en tres continentes diferentes.

Espíritu de emprendimiento

Durante el programa fomentaremos las habilidades de emprendimiento que son aplicables a cualquier ámbito profesional. Además, los emprendedores contáis con EAE Lab, una incubadora de negocios que ofrece los recursos formativos, la financiación y el asesoramiento necesarios para emprender un proyecto propio.

Global Networking

Dispones de muchas oportunidades para ampliar tu red de contactos. Con más de 15 países representados en tu aula virtual de clases, y las oportunidades que presenta EAE para que conectes con profesionales y líderes de grandes compañías, el mundo es tuyo.

Career Development

EAE potencia la empleabilidad de los perfiles directivos e incrementa tu proyección profesional a través de diferentes iniciativas y acciones diseñadas para ayudarte a forjar tu futuro profesional.

Personalizable

Dispones de varias sesiones individuales de coaching durante las residencias que tienen lugar en EE. UU. y China que van a ayudarte a crecer personal y profesionalmente. Un plan hecho a medida.

1 / 5
+77.000
directivos formados desde 1958

Top 25
Entre las 25 Mejores Escuelas de Negocios del mundo Ranking América Economía 2019
Top 50
Entre los 50 mejores de Europa Ranking QS Global MBA 2019

1ª
escuela de negocios de España en impartir masters oficiales universitarios

103
nacionalidades diferentes en 2018

Employment report
85%
de los alumnos obtuvo nuevas propuestas de empleo al finalizar el máster

81%
Aumento su sueldo hasta un
30% un año después de
finalizar un máster EAE

+ 7 000
ofertas de empleo y prácticas publicadas en 2018

Top 5
empresas reclutadoras de 2018:

LVMH, Shneider Electric, Nestlé,
Repsol y Coca Cola

Opciones de financiación
En EAE sabemos que los estudiantes del Global Executive MBA con talento nos inspiran positivamente y son un motor de progreso para nuestra comunidad. Las becas EAE recompensan su esfuerzo en su camino hacia la excelencia, y son una apuesta por la igualdad y la justicia social que amplía las oportunidades para acceder a nuestros programas educativos.

25%
de los alumnos reciben ayudas financieras

12
financiación propia a 12 meses sin intereses

4
diferentes tipos de becas de EAE

We keep moving forward

La necesidad de formación es una constante mientras que el mundo en el que vivimos es incierto. En esta nueva realidad hemos desarrollado los protocolos y las metodologías para que nuestros alumnos puedan continuar con formación de calidad y su desarrollo profesional en nuestros campus Madrid/Barcelona, presencialidad virtual, formato Hybrid, o desde cualquier parte del mundo. Somos una comunidad comprometida con la educación, el bienestar y la seguridad de todos.

¿Estás pensando estudiar con nosotros?

Seguimos ofreciendo el apoyo, la orientación y el acompañamiento que nos caracteriza:

Entrevista inicial con asesor académico para conocer nuestros servicios
Asesoría personalizada sobre tu perfil y acompañamiento en el proceso de admisión
Mentor del equipo de Carreras Profesionales durante el proceso de admisión
Beneficios por reservas anticipadas
Becas según perfil
Planes de financiación sin intereses
Business Administration degrees
Business Administration degrees teach students how to manage limited resources to turn a profit and grow a business. Business Administration studies offered by international business schools teach notions like production and planning, decision making, project management, as well as allocating human resources and finances in line with organisational goals, policies, and procedures.

You should study a Business Administration degree if you feel inspired by iconic entrepreneurs like Bill Gates, Elon Musk or Steve Jobs and you want to learn a little bit of everything, getting a general business background. Studying in a business school will teach you how to look at numbers to evaluate success and potential wins.

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Study in United States
Study in the U.S.A, home to some of the most prestigious universities and colleges. The United States is internationally renowned for top business schools, medical schools and engineering schools. International students in the U.S. can select from a huge variety of Bachelor’s and Master’s degrees offered by some of the best universities in the world.

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Online Masters
A Distance-learning master’s options provide many opportunities for career advancement. Fully online self-paced study offers employed students the time flexibility needed to balance work and studies. By using the latest advancements in communication technology, online masters open the way to new business opportunities by building networks of students with common goals. Remote studies offer lower tuition fees, while preserving content quality and teacher involvement as on campus master’s programmes.

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Distance Learning
Distance or online learning is a mode of study that allows students to study most or all of a course without attending at a campus-based institution. Distance can refer to both material and interaction. Distance learning provides access to learning when the source of information and the learners are separated by time and distance, or both.

During this type of education students communicate with the faculty and other students via e-mail, electronic forums, videoconferencing, chat rooms, bulletin boards, instant messaging and other forms of computer-based interaction.

The programmes often include a online training system and tools to produce a virtual classroom. The tuition fees for distance learning vary from institution to programme to country. It is certain that the student saves expenses related to accommodation and transportation, because you can maintain your current living expenses. Distance learning is also a great solution for people that already have a job, and still want or need further education.

Find online study programmes now
This page shows a selection of the available Online Courses Programmes in United States. If you’re interested in studying a Business Administration degree in United States you can view all 450 Online Courses Programmes. You can also read more about Business Administration degrees in general, or about studying in United States. Many universities and colleges in United States offer English-taught Online Courses degrees. Before starting a programme, you need to have a basic knowledge of the English language.
Business Administration
United States
An MBA (Master’s of Business Administration) is amongst the most popular of graduate college degrees, and with good reason: constant demand in the job market for the skills and knowledge gained. (Approximately 23-25% of masters degrees granted by Title IV institutions between academic years 2009-10 and 2017-18, inclusive, were in business, including but not limited to MBAs.)

At the very least, graduates of an MBA program will gain advanced leadership and management skills, and a deeper understanding of business practices and operations. An MBA also opens up many opportunities for career advancement, greater job responsibilities, and higher earnings.

Regardless of why you’re interested in an MBA, with an online MBA program, no longer do you have to necessarily give up working while completing your degree – especially in a part-time program. This college review list looks at 25 of the most affordable online or hybrid MBA degree programs available.

Affordable Degrees Ranking Methodology
Article data comes from three sources: NCES (National Center for Education Statistics); IPEDS (Integrated Postsecondary Education Data System) Data Center; individual college websites. The first two sources are maintained by the Dept. of Education and may be 1-2 years behind the third source. Always refer to a college’s website for details, or contact the admissions department.

Step 1: Query NCES for public or private, nonprofit institutions offering “distance” graduate programs in “Business Administration and Management, General.”
Step 2: Combine the results with IPEDS average graduate tuition data of colleges offering graduate distance degree programs.
Step 3: Sort (ascending) potential candidates for this review article using IPEDS average graduate tuition data.
Step 4: Manually select 25 colleges offering one or more online/ hybrid MBA degree programs. Filter out candidates with only a certificate program or otherwise no MBA degree.
Step 5: If actually in-state program cost (tuition and mandatory per-credit and/or per-semester fees only) are not explicitly specified on a college’s website, estimate the cost based on tuition and fee values.
Step 6: Sort final 25 colleges based on estimated program cost, descending.
NOTES:

Actual program cost for a university online MBA program may vary from what is specified in this article based on many factors such as individual financial aid received, other fees and costs, number of credits taken per a given semester, etc.
Some MBA programs listed below have multiple tracks/ concentrations with differing credit allotments. Estimated tuition is calculated, if necessary, based on the credits of the “general” track.
Some colleges have different program costs based on the number of credits taken per semester. Since six credits per semester potentially qualifies a student for FAFSA financial aid, we have used this to estimate program cost, for such colleges.
For programs with costs varying by semester, we’ve used the latest Spring or Fall rates, as available, or Summer rates otherwise.
While we’ve applied the above rules to estimate program cost, some institutions listed may offer a lower cost through per-term tuition options.
Some costs listed are only approximations based on information available from each institution’s Web site. There may be additional fees and incidental costs (books, food, lodging, transportation, etc.), and overall charges are subject to change.
Terminology and Acronyms
This is a partial list of terminology and acronyms used in this article.

AACSB: Association to Advance Collegiate Schools of Business
ACBSP: Accreditation Council for Business Schools and Programs
B-School: Business school
CFO: Chief Financial Officer
FAFSA: Free Application for Federal Student Aid
GMAC: Graduate Management Admissions Council
GMAT: Graduate Management Admission Test
GRE: Graduate Record Examination
HBCU: Historically Black College/ University
IACBE: International Accreditation Council for Business Education
MOOC: Massive Open Online Courses
TOEFL: Test of English as a Foreign Language
USNWR: U.S. News & World Report
Variations of Degree Names
This is a list of common name variations of the degree as used by universities.

Business Administration MBA
MBA
MBA Online
Master of Business Administration
Master of Business Administration Accelerated Online
Master of Business Administration in Business Administration
Online Executive MBA (EMBA)
Online Master of Business Administration
Online MBA
STEM Designated MBA
Frequently Asked Questions:

Types of Programs
Admission Requirements
Thesis vs Non-thesis Programs
Sample Course Requirements
What are the advantages and disadvantages to an online MBA?
How long does it take to complete an online MBA?
Can an Online MBA be completed in 1 year?
What can you do with an online MBA?
How much can I make after completing my online MBA?
What kind of networking opportunities are available with an online MBA program?
Do any Ivy League Schools offer an online MBA?
Top-Searched Programs
SUMMARY RANKING OF TOP 10 BEST AFFORDABLE ONLINE MBA PROGRAMS:
Georgia Southwestern State University
Texas A&M International University
University of Texas of the Permian Basin
Texas A&M University-Central Texas
Texas A&M University-San Antonio
North American University
Missouri State University
Wayne State College
Western New Mexico University
Southeastern Oklahoma State University
25. University of Nevada-Reno
Online Executive MBA (EMBA)

RENO, NEVADA

University of Nevada-Reno (UNR, est. 1874) is a public institution offering high-value bachelor’s through doctorate degrees, plus certificate programs. UNR has one inexpensive online MBA, which is ranked in both The Princeton Review and USNWR business program review lists, and is aimed at current executives and other business professionals.

This is a top-value, 36-credit, online Executive MBA (EMBA) degree consisting of 12 courses taking two years, with a Fall start date. Each academic year consists of three semesters, with 12-week course sessions. One more proctored exams will be taken per course. Core courses make up 21 credits of the curriculum, while breadth courses make up the remaining 15 credits of the program.

Sample core online courses include: Statistics for Decision Making; Production/Operations Management; Financial Reporting and Analysis. Alternatively, UNR offers a graduate minor in Business Administration.

ADDITIONAL INFORMATION
Cost: $30000 (estimated in-state program cost)
#students: 21463
#grads: 3533
Affiliation: Nevada System of Higher Education
Has housing: Yes
Accreditation: Northwest Commission on Colleges and Universities
24. University of Wyoming
Online MBA

LARAMIE, WYOMING
University of wyoming Logos
University of Wyoming (UW, est. 1886) is a public institution offering low-cost bachelor’s through doctorate degrees, plus certificate programs. UW has one top affordable online MBA program, aimed at professionals wanting to build their skills in decision-making and problem-solving in various sectors.

This is an affordable, AACSB International-accredited, cohort-based, fully online degree delivered by the College of Business. The online MBA program takes two years part-time and has two start dates yearly (Fall, Spring). The General track requires 30 credits, while the concentration in Energy Management requires 39 credits.

Sample core online courses include: Financial Accounting; Business Research Methods; Financial Management.

ADDITIONAL INFORMATION
Cost: $24810 (estimated in-state program cost)
#students: 12450
#grads: 2452
Has housing: Yes
Accreditation: Higher Learning Commission
23. Fayetteville State University
Business Administration (MBA)

FAYETTEVILLE, NORTH CAROLINA
Logos
Fayetteville State University (FSU, est. 1867) is a public HBCU offering inexpensive bachelor’s through doctorate degrees, plus certificate programs. FSU has one low-cost, online Master of Business Administration program. It has ranked on USNWR’s Best Online MBA Programs list, and claims the title of the most affordable MBA tuition in the highly-regarded UNC System.

This is a high-value, 36- to 39-credit, AACSB-accredited, online degree offered by the Broadwell College of Business and Economics. Core courses make up 27 credits, while elective/ concentration courses make up 9-12 credits. Students can choose from four certificates (Business; Cyber Security Management; Healthcare Management; Project Management), or several concentration options:

General
Business Intelligence and Data Analytics
Entrepreneurship
Finance
Healthcare Management
International Business
Management
Marketing
Project Management
Supply Chain Management
Sample core online courses include: Business and Society; Managerial Accounting; Managerial Economics. Completion of a capstone project is part of the requirements.

ADDITIONAL INFORMATION
Cost: $24484.15 (estimated in-state program cost)
Designation: HBCU
#students: 6318
#grads: 845
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
22. New Mexico State University
Master of Business Administration

LAS CRUCES, NEW MEXICO
Home – Tao Wang | Assistant Professor at New Mexico State …
New Mexico State University (NMSU, est. 1888) is a public institution offering high-quality associate’s through doctorate degrees, plus certificate programs. NMSU has one cheap distance MBA program. Students build their understanding of accounting, business law, economics, finance, information systems, management, marketing, and more.

This is a best-value, 36-credit, AACSB International-accredited, hybrid MBA degree offered by the College of Business. It consists of online asynchronous courses, synchronous zoom sessions, and two on-campus requirements of 2- and 3-day sessions. The online MBA program timeline is two years, and students have the following track options: General; Agribusiness; Finance; Information Systems; Public Utility Regulations.

Sample core online courses include: Accounting for Managers; Business Information Systems; Legal Environment of Business. Students can transfer in up to nine qualified grad credits.

ADDITIONAL INFORMATION
Cost: $23814 (estimated in-state program cost)
#students: 14289
#grads: 2602
Affiliation: New Mexico State University System
Has housing: Yes
Accreditation: Higher Learning Commission
21. Warner University
Master of Business Administration

LAKE WALES, FLORIDA
warner horizontal logo – Warner University
Warner University (Warner, est. 1968) is a private, nonprofit institution offering top-value associate’s through master’s degrees, plus certificate programs. Warner has one the cheapest online MBA programs. Students will build an understanding of various functional areas of business.

This is a low-cost, 36- to 39-credit, online degree that integrates a Christian worldview into the instruction. Students can choose the standard track (36cr), or from two concentrations: Accounting (36cr); Human Resource Management (39cr). A Good Start track is available for students with no undergrad business background.

Sample core online courses include: Management Information Systems; Marketing Management; Human Resource Management.

ADDITIONAL INFORMATION
Cost: $21060 (estimated in-state program cost)
#students: 1116
#grads: 206
Affiliation: Church of God
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
20. Delaware State University
Master of Business Administration, MBA

DOVER, DELAWARE
The Visual System
Delaware State University (DSU, est. 1891) is a public institution offering affordable bachelor’s through doctorate degrees, plus certificate programs, and serves students on two campuses plus online. DSU has one low-cost online MBA program. It builds the necessary skills for management and leadership “in the new economy.”

Delivered by the College of Business, this is a high-value, 30-credit, AACSB-accredited, online degree that has recently ranked in The Princeton Review’s Best Business Schools list. The online MBA program accepts both part-time and full-time students, and has an accelerated full-time option as well. Track/ concentration options include: General (electives); Business Analytics; CPA; Finance; Information Systems.

Sample core online courses include: Accounting for Decision Making; Organizational Leadership and Behavior; Marketing Management.

ADDITIONAL INFORMATION
Cost: $20700 (estimated in-state program cost)
Designation: HBCU
#students: 4586
#grads: 378
Has housing: Yes
Accreditation: Middle States Commission on Higher Education
19. Bakke Graduate University
Online Executive MBA

DALLAS, TEXAS
Home – Bakke Graduate University
Bakke Graduate University (BGU, est. 1990) is a private, nonprofit institution offering best-value master’s and doctorate degrees. BGU has one affordable MBA program available online. This online MBA program is aimed at current mid-level organizational leaders, and develops entrepreneurial leadership styles based on the principles discussed in the book Joy at Work, by Dennis Bakke.

This is a high-quality, 36-credit, online degree expected to take two years. It offers five tracks/ concentrations: General (electives instead of concentration courses); Entrepreneurship; Personal Leadership Development; Project Management; Social Transformation. It integrates a stewardship mindset and incorporates a Christian worldview applied to business topics.

Courses run nine weeks each, and core courses include: Vision, Values, and Culture; Ecology and Sustainability; Global Economics and Wealth. A capstone project is part of the curriculum.

ADDITIONAL INFORMATION
Cost: $18600 (estimated in-state program cost)
#students: 81
#grads: 81
Has housing: No
Accreditation: Transnational Association of Christian Colleges and Schools, Accreditation Commission
18. Tennessee Wesleyan University
Master of Business Administration

ATHENS, TENNESSEE

Tennessee Wesleyan University (TWU, est. 1857) is a private, nonprofit institution offering top-value bachelor’s and master’s degrees. TWU has one of the least expensive online MBA programs. It is designed for professionals looking for career advancement, whether in business, education, government or non-profit sectors.

This is an affordable, 30-credit, 100% online degree delivered by the Goodfriend School of Business. The online MBA program consists of 10 asynchronous courses and takes 12 months full-time or 24 months part-time. It offers two concentrations: Accounting; Management. Contact the school for curriculum information.

ADDITIONAL INFORMATION
Cost: $15000 (estimated in-state program cost)
#students: 1008
#grads: 31
Affiliation: United Methodist Church
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
17. Virginia Wesleyan University
Master of Business Administration

VIRGINIA BEACH, VIRGINIA
Virginia Wesleyan University | University logo, University, Virginia
Virginia Wesleyan University (VWU, est. 1961) is a private, nonprofit institution offering bachelor’s and master’s degrees. VWU is a military-friendly, Yellow Ribbon School that has earned accolades, including G.I. Jobs’ Military Friendly School award (2018). VWU has one of the lowest-cost online MBA programs. It is designed for professionals who seek leadership roles in the current high-tech, global marketplace.

This is an inexpensive, 30-credit, fully online degree with no GMAT requirement. The online MBA program consists of 10 courses and takes at least 12 months. VWU describes this program as being based on four major pillars, which incorporate responsible management, skills and knowledge for a global economy, advanced management practices, and ethical practices in global commerce.

Sample core courses include: Accounting Information and Management Decisions; Operations Management and Decision Making; Ethical Management in a Global Environment.

ADDITIONAL INFORMATION
Cost: $14970 (estimated in-state program cost)
#students: 1437
#grads: 86
Affiliation: United Methodist Church
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
16. West Liberty University
Master of Business Administration (MBA)

WEST LIBERTY, WEST VIRGINIA
West Liberty University | Remake Learning
West Liberty University (WLU, est. 1837) is a public institution offering best-value associate’s through master’s degrees. WLU has one cheap online MBA program. In it, students will enhance their “core business competencies,” ideal for leadership/ management careers.

This is a high-quality, 30-credit, online degree delivered by the Gary E. West College of Business. The curriculum consists of 10, 7-week accelerated courses. The online MBA program offers three concentrations: Forensic Accounting; Healthcare Management; Management.

Sample core online courses include: Information Technology Management; Global Economics; Integrative Marketing Management.

ADDITIONAL INFORMATION
Cost: $13800 (estimated in-state program cost)
#students: 2526
#grads: 301
Has housing: Yes
Accreditation: Higher Learning Commission
15. Chadron State College
Master of Business Administration

CHADRON, NEBRASKA
Chadron State College
Chadron State College (CSC, est. 1911) is a public institution offering low-cost bachelor’s and master’s degrees. CSC has one inexpensive online MBA program. It is intended for “supervisory and mid-level managers,” and builds the student’s knowledge of accounting, business management, finance, information management systems, marketing, and more.

This is an affordable, 36-credit, ACBSP-accredited, fully online degree (or choice of hybrid) consisting of 27 credits in core courses and 9 credits in electives (in accounting, business, economics, finance, management or marketing). Up to nine qualified grad credits can be transferred in. Semesters consist of two 8-week sessions. The MBA program timeline is two years, based on graduate course rotations.

Sample core courses include: Managerial Accounting; Information Systems for Managers; Managerial Economics.

ADDITIONAL INFORMATION
Cost: $13680 (estimated in-state program cost)
#students: 2448
#grads: 528
Affiliation: Nebraska State College System
Has housing: Yes
Accreditation: Higher Learning Commission
14. Texas A&M University-Kingsville
Online MBA

KINGSVILLE, TEXAS

Texas A&M University-Kingsville (TAMUK, est. 1925) is a public institution offering top-value bachelor’s through doctorate degrees, plus certificate programs. TAMUK has one of the cheapest AACSB online MBA programs. It is aimed at working professionals wanting to expand their leadership and management skills for career advancement or enhancement.

This is a low-cost, 30-credit, AACSB-accredited, online degree delivered by the College of Business Administration. Classes are approximately 30 students, and the program takes at least 12 months. The curriculum consists of 21 credits of core courses and three courses from electives or certificates. Five certificate options are available: Business Analytics; Collaboration and Team Dynamics; Energy Finance and Logistics; Health Informatics; Managing People in the Global Enterprise. Note: TAMUK has a temporary waiver of GMAT/ GRE scores requirement for students with an undergrad GPA of 3.0 or higher.

Sample core online courses include: Economics and Managerial Decision Making; Information Systems and Business Analytics; Marketing Management and Value Creation.

ADDITIONAL INFORMATION
Cost: $12700 (estimated in-state program cost)
#students: 8541
#grads: 1565
Affiliation: Texas A&M University System
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
13. Fitchburg State University
Online MBA

FITCHBURG, MASSACHUSETTS
Fitchburg State University – Transfer Decision Days
Fitchburg State University (FSU, est. 1894) is a public institution offering bachelor’s and master’s degrees, plus certificate programs. FSU has one of the least expensive accredited online MBA programs. It is designed for professionals seeking any of a variety of leadership roles, whether executive or front-line management.

This is an affordable, 30-credit, IACBE-accredited, 100% online degree consisting of 10 courses and taking at least 12 months. It offers six MBA options:

Accounting
Healthcare Management
Human Resources Management
Management
Marketing
Supply Chain Management
Sample core courses vary by concentration and include: Organizational Behavior and Development; Management Information Systems; Marketing Management.

ADDITIONAL INFORMATION
Cost: $12510 (estimated in-state program cost)
#students: 7199
#grads: 3036
Has housing: Yes
Accreditation: New England Commission of Higher Education
12. Northeastern State University
Master of Business Administration in Business Administration (MBA)

TAHLEQUAH, OKLAHOMA

Northeastern State University (NSU, est. 1909) is a public institution offering economical bachelor’s through doctorate degrees, plus certificate programs. NSU has one low cost online MBA program. It is aimed at students wanting to gain the skills necessary to solve business problems in a leadership role.

This is an economical, 36-credit, ACBSP-accredited, online degree delivered by the Director of Business and Technology Graduate Studies It consists of eight core courses and four electives, and typically takes two years. The online MBA program offers eight concentrations:

Business Analytics
Environmental, Health and Safety Management
General Management
Healthcare Administration
Healthcare Informatics
Long Term Care
Managerial Accounting and Finance
Native American Enterprise
Sample courses include: Analysis for Decision Making; Information Systems Management; Logistics and Supply Chain Management.

ADDITIONAL INFORMATION
Cost: $12348 (estimated in-state program cost)
#students: 7879
#grads: 1167
Affiliation: Regional University System of Oklahoma
Has housing: Yes
Accreditation: Higher Learning Commission
11. Fort Hays State University
Master of Business Administration, MBA

HAYS, KANSAS

Fort Hays State University (FHSU, est. 1902) is a public institution offering high-value associate’s through doctorate degrees, plus certificate programs. FHSU has one cheap online MBA program. It is intended for students seeking to increase their management skills to achieve organizational goals.

This is a high-quality, 34-credit, online degree offering a dozen concentrations, plus a General track:

Corporate Communication
Digital Marketing
Finance
Health Care Management
Health and Human Performance/ Sports Management
Human Resource Management
Information Assurance
International Business
Leadership Studies
Management Information Systems
Marketing
Tourism and Hospitality Management
Sample core courses include: Advanced Managerial Accounting; Marketing Management; Information Systems for Management.

ADDITIONAL INFORMATION
Cost: $11900 (estimated in-state program cost)
#students: 15523
#grads: 2743
Affiliation: Kansas Board of Regents
Has housing: Yes
Accreditation: Higher Learning Commission
10. Southeastern Oklahoma State University
Master of Business Administration, MBA

DURANT, OKLAHOMA
Southestern Oklahoma State University
Southeastern Oklahoma State University (SOSU, est. 1909) is a public institution offering affordable bachelor’s and master’s degrees, plus certificate programs. SOSU has one low-cost online MBA degree. This is a flexible MBA program suited to people seeking leadership roles in any of several niches, including entrepreneurship.

This is a 36-credit, online degree with 15 tracks/ concentrations:

General Business
Accounting
Aerospace Logistics
Data Analytics
Entrepreneurship
Finance
Healthcare Information Systems
Human Resources
Management
Marketing
Native American Leadership
Project Management
Safety
Strategic Communication
Women in Leadership
Sample core courses include: Behavioral Management; Management Economics; Accounting for Managers.

ADDITIONAL INFORMATION
Cost: $11880 (estimated in-state program cost)
#students: 4542
#grads: 1398
Affiliation: Regional University System of Oklahoma
Has housing: Yes
Accreditation: Higher Learning Commission
9. Western New Mexico University
Master of Business Administration

SILVER CITY, NEW MEXICO
University Identity Standards
Western New Mexico University (WNMU, est. 1893) is a public institution offering associate’s through master’s degrees, plus certificate programs. WNMU offers one of the more inexpensive MBA programs available online. The program is aimed at professionals seeking management generalist careers in government or private sector.

This is a best-value, 36-credit, ACBSP-accredited, fully online degree delivered by the School of Business and Economics. It offers five tracks: General; International Business, Management Information Systems; Healthcare Administration; Instructional Technology and Design. The online MBA program is expected to take at two years part-time and has three start dates yearly.

The curriculum consists of 11 core courses and one elective. Sample core courses include: Social Responsibility and Business Ethics; Managerial Accounting for Managers; Management and Organizational Theory.

ADDITIONAL INFORMATION
Cost: $11792.52 (estimated in-state program cost)
#students: 3248
#grads: 1003
Has housing: Yes
Accreditation: Higher Learning Commission
8. Wayne State College
Online MBA

WAYNE, NEBRASKA
Wayne State College Launches New Visual Identity – RIVER COUNTRY …

Wayne State College (WSC, est. 1910) is a public institution offering top-value bachelor’s and master’s degrees, plus certificate programs. WSC has one of the most affordable online MBA programs.

This is a low-cost, 30-credit, non-thesis, IACBE-accredited, 100% online degree with no thesis requirement, delivered by the School of Business and Technology. It offers two tracks: General, or a focus in Public Accounting. (Note: online tuition is the same regardless of a student’s state of residency.)

Sample core courses include: Financial Administration; Managerial Communications; Decision Science.

ADDITIONAL INFORMATION
Cost: $11400 (estimated in-state program cost)
#students: 3633
#grads: 658
Affiliation: Nebraska State College System
Has housing: Yes
Accreditation: Higher Learning Commission
7. Missouri State University
Master of Business Administration

SPRINGFIELD, MISSOURI

Missouri State University (MSU, est. 1905) is a public institution offering inexpensive bachelor’s through doctorate degrees, plus certificate programs. MSU has one of the lowest-cost online MBA degree programs. Students build upon their management and team work skills.

This is a best-value, 33-credit, AACSB-accredited, fully online degree offered by the College of Business. The curriculum consists of 24 credits of core courses and 9 credits of electives. (Note: online tuition is the same for in- and out-of-state students.) The online MBA program builds the management and teamwork skills necessary for business leadership roles.

Sample core courses include: Managerial Accounting; Management Information Systems; Advanced Financial Management.

ADDITIONAL INFORMATION
Cost: $11220 (estimated in-state program cost)
#students: 23697
#grads: 3559
Affiliation: Missouri State University System
Has housing: Yes
Accreditation: Higher Learning Commission
6. North American University
Master of Business Administration, MBA

STAFFORD, TEXAS

North American University (NAU, est. 2007) is a private, nonprofit institution offering best-value bachelor’s and master’s degrees, plus certificate programs. NAU has one cheap MBA program, which builds analytical and leadership skills.

This is an inexpensive, 30-credit, online degree with no GMAT requirement. It offers four concentrations: Business Analytics; Leadership and Change Management; Healthcare Management; Operations Management. Students build upon their knowledge of accounting, economics, finance, management, etc.

Sample core courses include: Managerial Economics; Managerial Accounting and Budgeting; Marketing Management.

ADDITIONAL INFORMATION
Cost: $11150 (estimated in-state program cost)
#students: 558
#grads: 275
Has housing: Yes
Accreditation: Accrediting Commission of Career Schools and Colleges
5. Texas A&M University San Antonio
Master of Business Administration, MBA

SAN ANTONIO, TEXAS

Texas A&M University-San Antonio (TAMUSA, est. 2009) is a public institution offering economical bachelor’s and master’s degrees. TAMUSA has one of the cheapest accredited online MBA programs. The online MBA program is suited to students seeking executive management positions in government, non-profits or business.

This is a high-value, 31-credit degree offered by the College of Business, with a choice of hyflex or hybrid format, the latter of which requires 2.5 hrs/wk on-campus. The curriculum consists of 10 courses (including two electives) and capstone exit exams. At the time of writing, this college has applied for AACSB accreditation. For Fall 2020 applicants, the GMAT scores requirement has been waived.

Sample core courses include: Managerial Economics; Managerial Finance; Managerial Business Statistics.

ADDITIONAL INFORMATION
Cost: $10730 (estimated in-state program cost)
#students: 6557
#grads: 854
Affiliation: Texas A&M University System
Has housing: No
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
4. Texas A&M University-Central Texas
Master of Business Administration

KILLEEN, TEXAS
Texas A&M University-Central Texas 10th Anniversary Logo
Texas A&M University-Central Texas (TAMUCT, est. 1999) is a public institution offering affordable bachelor’s and master’s degrees. TAMUCT has one of the cheapest online/ hybrid Master of Business Administration programs. Students build the skills necessary for organizational problem-solving, promoting initiatives, etc.

This is a top-value, 30- to 36-credit, ACBSP-accredited, online degree offered by the College of Business Administration. It offers five tracks/ Emphasis areas: General; Computer Information Systems; Human Resource Management; Management; Healthcare Administration. (Additional Emphasis options are on-campus only.) The General track is 30 credits, while the Emphasis options are 36 credits each. This online MBA program is ranked in the top 50 for veterans by USNWR. Students gain skills for solving organizational issues, promoting strategic initiatives, and more.

Sample core courses include: Accounting and Management; Management Information Systems; Financial Management.

ADDITIONAL INFORMATION
Cost: $10557 (estimated in-state program cost)
#students: 2464
#grads: 551
Affiliation: Texas A&M University System
Has housing: No
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
3. University of Texas of the Permian Basin
Master of Business Administration Accelerated Online

ODESSA, TEXAS
University of Texas Permian Basin logo
University of Texas of the Permian Basin (UTPB, est. 1973) is a public institution offering high-value bachelor’s and master’s degrees, plus certificate programs. UTPB has one low cost online/ hybrid Master of Business Administration program. The onlnine MBA program builds “performance-based knowledge and people-focused leadership skills.” It ranks in third place in our list of best affordable online MBA programs.

This is a 30- to 33-credit, AACSB-accredited, fully online degree requiring at least 12 months. It offers two tracks: General (30cr) and a Finance concentration (33cr, 15 months), both of which are Accelerated. Note that the program website indicates differing tuition dependent on where a grad student completed their undergrad business degree.

Sample core courses include: Accounting Analysis; Financial Management; Production and Operation Management.

ADDITIONAL INFORMATION
Cost: $10080 (estimated in-state program cost)
#students: 5834
#grads: 1090
Affiliation: University of Texas System
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
2. Texas A&M International University
Master of Business Administration, MBA

LAREDO, TEXAS
TAMIU Home
Texas A&M International University (TAMIU, est. 1969) is a public institution offering high-value bachelor’s through doctorate degrees. TAMIU has one of the least expensive online MBA programs. It is particularly suited to students interested in international business, finance or trade. The program earns second place in our list of best value MBA programs.

This is a low-cost, 30-credit, AACSB-accredited, online degree offered by the A.R. Sanchez, Jr. School of Business. It takes at least 15 months, and offers five tracks/ concentrations: International Banking and Finance; International Business; International Trade and Logistics; Management; Negocios Internacionales en Español.

Sample core courses include: Business Research Methods; Strategic Management; Financial Statement Analysis.

ADDITIONAL INFORMATION
Cost: $10074.3 (estimated in-state program cost)
#students: 7884
#grads: 892
Affiliation: Texas A&M University System
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
1. Georgia Southwestern State University
Online Master of Business Administration

AMERICUS, GEORGIA

Georgia Southwestern State University (GSW, est. 1906) is a public institution offering bachelor’s and master’s degrees, plus certificate programs. GSW has one cheap online MBA program. It is the cheapest college for an online MBA in this list, coming in first in our review of master of business administration online programs.

This is a high-quality, 30- to 36-credit, AACSB-accredited, online degree offered by the School of Business and Administration within the College of Business and Computing. It is designed for students seeking management skills that cover ethics, finance, international business, management, and marketing. This online MBA program is designed to be completed in two years.

Sample core courses include: Managerial Economics; Marketing Management; Advanced Business Finance.

ADDITIONAL INFORMATION
Cost: $9252 (estimated in-state program cost)
#students: 2907
#grads: 440
Affiliation: University System of Georgia
Has housing: Yes
Accreditation: Southern Association of Colleges and Schools, Commission on Colleges
Frequently Asked Questions
Still have questions about an online Master’s of Business Administration degree? We’ve answered some of the more popular questions below.

Types of Programs
Full-time vs Part-time: Any given online MBA programs might be full- or part-time, sometimes both, with the latter making it easier to continue working while studying — or to fulfill any other time-restricting obligations.
Hybrid vs Fully Online: Fully/100% online programs offer online courses with no on-campus or other in-person requirements (e.g., field work, apprenticeships, thesis defense, etc.). Hybrid programs offer online courses but have some in-person requirements. Blended programs have a mix of online and in-person courses, and may have in-person requirements.
Synchronous vs Asynchronous: Synchronous courses are broadcast/ streamed at a predetermined time, requiring live attendance, albeit remotely. Asynchronous classes might have a live session but are archived and available on-demand, at the student’s convenience.

Admission Requirements
COST
MBA program costs can vary greatly from college to college. Programs listed in this article range from about $9.5K to $30K, though others may be less or even as high as $60K. Institutions vary on how program cost is calculated. Here are some of the ways:

Flat rate per course credit, plus mandatory per-credit/ per-semester fees.
Flat rate per semester, plus mandatory fees.
Flat rate for the whole program, with mandatory fees included.
Variable rate based on number of credits taken per semester, sometimes with a cap after a certain quantity (e.g., lower per-credit rate).
Subsidized. Example: A graduate military academy may cover student costs; however, competition for such schools is very high.
Note: All degree programs have fees, but some may have mandatory per-course and/or per-semester fees. There may be additional fees as well, possibly waivable.

If you need financial assistance, look into FAFSA federal student loans for graduate programs. If you’re employed, your employer may have education initiatives. If they’re willing to cover your costs, whether up front or a later reimbursement, either way it essentially amounts to free college tuition.

GRE AND GMAT
The GRE and GMAT are two popular student assessment tests for graduate program admission. More MBA schools than not probably require scores for one of these tests from applicants. The GMAT is more traditional, given that it was designed specifically for graduate business school admission, while the GRE is a general graduate entrance exam.

APPLICATION PROCESS
Each B-school has a slightly different process, although here is summary of common steps, approximately in order:

Prepare for entrance exams. The GMAT is recommended for MBA programs; however, the GRE is suitable for any grad subject. Some schools also require scores from a test of English language proficiency (such as TOEFL), if you are not born in an English-speaking country. Check with your schools of interest for waiver options.
Register for and take an entrance exam.
Fill out and submit your FAFSA application online, for federal loans for grad programs, if you’re qualified. Otherwise, check if your employer will cover costs (and to let them know your plans so that you can ensure no scheduling conflicts between work and college).
You will likely need to write a personal essay, sometimes two, for B-Schools. These essays are your opportunity to show your relevant background, and to pitch why you’re a fit as a grad student at a particular school. You may need to customize your essay(s) for each B-School.
Select your academic and professional references, from employers, clients or educators. Usually, 2-3 references suffice, and they will likely have to send their letter of reference directly to each B-School.
Update your resume, to highlight your relevant work experience. Note that some MBA programs require as much as 10 years.
Consider hiring a general college consultant, who can help you find B schools suited to your career goals. Also consider an admissions consultant to help improve your chances of acceptance.
Make a college shortlist, based on program flexibility, outcomes, and your own MBA-related career goals. Use the list of online MBA programs in this article as a starting point. Visting campuses may be unnecessary for an online MBA; however, this is a personal choice. Revise your notes, and make sure you have your final school selections before you start applying.
For each school on your shortlist, complete and submit your application and fee, along with any required materials (transcripts, essays, letters of recommendation, test scores, etc.), as per the outlined process on their website. Make sure to meet the application deadlines – applying well in advance is even better.
Interviews. Schools may require an admissions interview to get to know you better, to determine if you are a fit. Such interviews may be in-person, over the phone, or possibly on a Zoom or Skype video call, etc.
Wait for responses from each admissions department. If you get accepted to more than one school, determine the pros and cons to you personally for each program, to help you decide which B-School to accept.
To find out more, search for “MBA application process” using your favorite Internet search engine. Both USNWR and Princeton Review have suitable guides.

ARE THERE SCHOOLS WHERE NO GRE OR GMAT ARE REQUIRED? EXAMPLES?
Yes. Several such B-Schools are in the reviews portion of this article. Another example, Western Governors University, is listed in the Top-Searched MBA Programs section, below. Currently, due to the COVID-19 pandemic situation, assessment tests may be difficult to complete. As such, some B-schools have temporarily waived test scores for the Fall 2020 starting semester.

Thesis vs Non-thesis Programs
Graduate programs typically have some capstone experience or a thesis, though some are pure coursework. For MBA programs, a capstone might be in the form of an individual or group project, or something else. Masters programs with a thesis are often suited to students who plan to follow up with a doctorate.

Sample Course Requirements
Most MBA programs have mandatory core courses that cover topics such as accounting, business analytics, ethics, management, marketing, economics and finance, amongst others. Other popular topics are supply chain management (SCM), management information systems, organizational behavior. Depending on available tracks/ concentrations, there may be elective courses in any number of other subjects, including healthcare, law, sciences, IT, environment, etc.

What are the advantages and disadvantages to an online MBA?
An online degree in any topic requires self-discipline. Fortunately, an online MBA with asynchronous courses allows students to study on their own schedule. This is one of the biggest selling points of an online masters, besides the fact that many costs of an on-campus program are eliminated (moving, room and board, sometimes textbooks, etc.)

One disadvantage used to be employer bias against online degrees. Fortunately, most educational institutions do not make a distinction between online and on-campus programs on student diplomas. Otherwise an online degree is typically as valuable as the equivalent on-campus program.

How long does it take to complete an online MBA?
Full-time MBA programs can often be completed in 12-15 months, and part-time programs in 18-24 months. Programs with higher credit requirements may take as long as three years part-time.

Can an Online MBA be completed in 1 year?
Yes. In fact, many B-schools have a 12-month full-time online MBA program. However, it will likely be difficult to also maintain full-time work hours.

What can you do with an online MBA?
Any MBA degree adds knowledge and skills applicable to leadership and management roles in many fields and sectors. These can also be applied to entrepreneurial endeavors such as starting a business, or towards consulting for clients. Completing an MBA degree is milestone in itself. What comes after could be a wide range of career opportunities for an MBA graduate. The fact is that there are many possible jobs that you’ll be qualified for with an MBA, so the following list is only a starting point. With a specialized MBA concentration, there are field-specific opportunities as well.

Accountant
Administrative Services Manager
Budget Analyst
Business Consultant
Business Operations Manager
C-level executive – CEO, CFO, CIO, COO, CTO, etc.
Compensation Manager
Director of Operations
Economist
Education Administrator
Entrepreneur/ company founder
Environmental Program Manager
Financial Advisor
Financial Analyst
Financial Manager
Health Information Systems Manager
Health Policy Analyst
Health Services Manager
Healthcare Administrator
Higher education management
Human Resources Director
Human Resources Manager
Information Security Analyst
Information Systems Manager
Information Technology Director
Information Technology Manager
Instructional Director
International Affairs Director
International Marketing Manager
Investment Banker
Investment Manager
Logistics Manager
Management Analyst
Management Consultant
Management Information Systems Director
Market Research Analyst
Marketing Director
Marketing Manager
Leadership roles in media and entertainment
Leadership roles in food and beverage
Operations Manager
Operations Research Analyst
President
Product Manager
Project Manager
Purchasing Manager
Revenue Manager
Sales Director
Sales Manager
Securities Analyst
Senior Financial Analyst
Senior Strategy Manager
Senior VP Operations
Sports management
Supply Chain Manager
Transportation Manager
VP Finance
VP IT
VP Marketing
There are also newer opportunities in artificial intelligence, data analytics, fintech (financial technology) and more.

How much can I make after completing my online MBA?
How much you can earn straight out of an MBA program is dependent on several factors, including:

MBA program taken, and possibly program accreditation. A prestigious school may earn you extra.
Years of relevant work experience.
Your pre-MBA salary.
Job location.
The industry/ sector of your job, as well as your specific role. Finance and executive roles may earn more than a general management position. An MBA paired with a graduate or undergrad degree in a non-business topic might give you additional earnings potential.
Any particular concentration taken. General Management, for example, is a popular choice, due to employer demand (according to The Princeton Review).
Any other degrees that you hold, particularly in other subjects.
Because of so many factors, specific salary numbers are difficult to state. However, earning upwards of, say, $300K out of grad school is not unheard of, but is rare. In terms of percentages, USNWR reports that average salaries for online MBA students circa 2015-2016 increased by about 22% within three months of graduation. Other more recent sources indicate that while some new salaries may be double pre-MBA salaries, 30-50% higher is more common, which may jump to 80% after several years.

Specific numbers: a median base salary of $105K was estimated (for 2018), according to a survey by GMAC. Also check Payscale.com for a breakdown of average median salaries for MBA holders by job, with financial analyst at the bottom of the list at about $62K, and CFO at the top with over $146K.

What kind of networking opportunities are available with an online MBA program?
Networking opportunities for online MBA students vary by B-School, but typically include: peer collaboration (online and in-person); connecting with a mentor representing a school; connecting with alumni; etc.

Do any Ivy League Schools offer an online MBA?
Yes. While Brown University has no B-School, it has partnered with IE Business School (based in Madrid, Spain) to offer a hybrid MBA. Some Ivy League B-Schools do offer relevant online courses in business or entrepreneurship, including via MOOCs. For example, Harvard Business School Online and Wharton Online (University of Pennsylvania).

Top-Searched Programs
Here are some top-searched programs that may also be of interest.

Arizona State University Online
Online Master of Business Administration (MBA)
ASU is a public institution offering a 49-credit online Master of Business Administration that consists of 17 courses (five weeks each) and takes 24 months.
Carnegie Mellon University
STEM Designated MBA
CMU is a private, non-profit institution. Its Tepper School of Business offers a part-time, 32-month, STEM-designated MBA highly ranked by Bloomberg Businessweek, Forbes, U.S. News & World Report, etc. A hybrid program, it requires six in-person weekend sessions yearly .
Drexel University
The Drexel LeBow Online MBA
Drexel is a private, non-profit institution. Its Online division and LeBow College of Business jointly offer a 49-credit, online MBA ranked highly by Financial Times. It is an AACSB-accredited degree taking at least 18 months.
Indiana University
Online Master of Business Administration
IU is a multi-campus public institution with an Online division offering a 54-credit, partially online (80-99%) MBA degree program through its well-regarded Kelley School of Business. Dual-degree options available.
Penn State Online World Campus
Master of Business Administration
Pennsylvania State University (Penn State) is a public institution. Its World Campus houses Penn’s online division. It has a 48-credit, AACSB-accredited, online MBA ranked highly by USNWR.
Southern New Hampshire University
Online MBA
SNHU is a private, nonprofit institution offering a 36-credit, ACBSP-accredited, 15+-month, online MBA. No GRE/ GMAT scores are required.
University of North Carolina at Chapel Hill
Online MBA
Considered a “Public Ivy” college, UNC offers an online MBA through its Kenan-Flagler Business School, which is ranked #1 in 2020 for online MBAs by USNWR, and #2 in 2020 by Princeton Review.
University of Florida
MBA Online
UF is a top-ranking public institution offering a online MBA through its Hough Graduate School of Business. This is a 1- or 2-year program that ranks #3 by USNWR and #4 by Financial Times.
University of Maryland Global Campus
Master of Business Administration, MBA
U of Maryland is a public institution with its online division housed within UGMC, which offers a 36-credit, IACBE-accredited, online MBA degree. All course materials are digital and free of charge.
University of Southern California Online
Online MBA
USC is a private, non-profit institution whose Marshall School of Business offers a 21-month, AACSB-accredited, hybrid MBA requiring an initial 1-week on-campus intensive. It is top-ranked by Princeton Review and USNWR.
West Chester University
Master of Business Administration
WCU is a public institution whose College of Business and Public Management offers a 30-credit, AACSB International-accredited, 100% online MBA degree that is ranked highly by USNWR in their regular and Veterans lists.
Western Governors University
Master of Business Administration
WGU is a private, nonprofit institution that is entirely distance-based. It offers an ACBSP-accredited, online MBA program with no GRE or GMAT scores requirement.
RELATED ARTICLES:
Business administration degrees are among the most popular college programs in the U.S., and with good reason. Armed with this versatile credential, you can potentially launch a career in any industry, from music to manufacturing, construction to consulting.

With a two-year associate’s degree, you might find employment as a management trainee in the sales or retail industry, or jump into a role in office manager or project coordination. A bachelor’s degree in business administration can give you the tools to take on administrative and managerial roles, while earning your MBA will help you take the big step into leadership positions such as CEO or CFO.

Hundreds of schools offer courses in business administration. Whether you choose a brick and mortar campus or an online-only option, expect to work closely with other students on challenging team projects that put business theory into practice.

Ready to locate the program that’s right for you?

Associate’s Degree in Business Administration
Whether you’re looking to launch a new career or advance the one you’ve got, an associate’s degree in business administration can help you find your footing in the business world. It can also be an important step toward a bachelor’s degree. Programs typically focus on accounting, management and software applications. You’ll most likely apply the techniques you’ve learned in a capstone course with real-world relevance.

Many schools offer concentrations in specific areas of business administration, including health care administration, human resources and information systems. Through career-oriented courses, these programs help students build the skills and industry background information to qualify for entry-level jobs in a specialty field.

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Bachelor’s Degree in Business Administration
Graduates of business administration programs typically come away with a strong grasp of business management principles, technical know-how and interpersonal skills.

With a bachelor’s degree in business administration, you will qualify for vital roles in private, public and nonprofit organizations. You will be ready to work across industries as a business analyst, human resources generalist, operations manager or marketing specialist. Some business administration graduates also venture into entrepreneurship, creating their own successful enterprises from the ground up.

In general, course work for a bachelor’s of business administration covers management principles and practices such as the following:

Communication
Organizational leadership
Resource management: people, money, time
Strategic planning
Business-oriented computer applications
Financial management
Business ethics
Students can also expect their program to cover core business subjects such as accounting, finance, information technology and marketing.

As an example of a typical course load, University of Phoenix offers the following program of 120 credit hours of undergraduate courses for Bachelor of Science in Business with a concentration in Administration:

Examples of Core Courses
a business administration student works on homework while deep in thought
Business Communications and Critical Thinking: Students will develop skills in critical thinking and decision making through the forms of written communication, including memos, emails, business letters, and reports. Other topics include communication ethics and cross-cultural communications, personal communication styles, solving organizational problems, and the evaluation of an organizations strategic direction.
Introduction to Computer Applications and Systems:Students learn to apply Microsoft® Office tools including work processing, spreadsheet, database, and presentation software to accomplish business objectives.
Management Theory and Practice: This course explores the rich field of management in theory and practice, and as both a science and an art. Students learn to apply management concepts to current workplace issues
Principles of Accounting I: This course covers the fundamentals of financial accounting as well as the identification, measurement, and reporting of the financial effects of economic events on an enterprise.
Principles of Accounting II: This course introduces accounting concepts in a business environment.
Business Research: Students will learn to apply an understanding of commonly employed business research techniques to improve a situation, solve a problem, or change a process.
Principles of Microeconomics: This course provides students with the basic theories, concepts, terminology, and uses of microeconomics.
Finance for Business: This course introduces the student to the essential elements of finance for business. Topics include: Financial planning, working capital management, capital budgeting, long term financing, and international finance.
Global Business Strategies: The manager’s perspective in the fields of international payments, international trade, and investment are analyzed. Emphasis is given to the materials and concepts that illuminate the strategies, structure, practices, and effects of multinational enterprises.
Other classes may include such topics as marketing, quantitative analysis, business law and integrated business.

Master of Business Administration (MBA) Programs
biz-admin-mba-student
With an MBA degree, graduates qualify for an extensive list of management roles. From corporate controllers to executive directors in nonprofit agencies and from independent consultants to business owners, graduates of MBA degree programs position themselves for diverse professional opportunities throughout their careers.

Students can choose a full-time MBA or part-time MBA program. Full-time MBA programs typically take two years to complete. Undergraduate students can enter into a BA/MBA track where they earn their bachelor’s degree and MBA in a total of five years.

Additionally, for working professionals, busy moms and people with generally demanding schedules, pursuing an online MBA degree can be an ideal alternative to a traditional classroom program. While the curriculum may vary between schools, an accredited MBA online program delivers the same high-quality education and practical training as an on-campus program.

Doctor of Business Administration (DBA) Programs
A Doctor of Business Administration (DBA) prepares graduates to lead, consult and teach in corporate and academic arenas. Typically designed for applicants with management experience, DBA degree programs build on skills acquired through master’s-level studies. Like a PhD, a DBA equips professionals with expertise in leadership and management principles and a higher level of competence in conducting research.

Students can earn their DBA in three to six years, depending on whether they enroll in a full-time or part-time program.

DBA studies usually involve classes in research and analytical methods; core management subjects such as strategic planning, managing change and solutions-oriented leadership; and the student’s choice of specialization. Examples of specializations include international business, management, marketing and information systems.

Additionally, candidates for a Doctor of Business Administration degree must write and defend a doctoral dissertation and pass a comprehensive exam as part of the requirements for their degree.

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What certification will I need?
Though business administration professions are frequently determined by degree types, there are certificate programs available in business administration, mostly to help develop executive education skills. If you specialize in a subfield of business administration such as human resources, accounting, finance, marketing and information technology, you’ll find a wealth of professional certificates designed to help you advance in your career—many of which are conveniently available in the online format.

What will I learn in my courses?
biz-admin-associate
Those who pursue an associate’s degree in business administration will find that the course work includes the following subjects:

Fundamentals of business
Management
Critical thinking
Project planning and implementation
Business software
Communications
biz-admin-bachelor
In general, course work for a bachelor’s of business administration covers management principles and practices such as the following:

Organizational leadership
People management
Strategic planning
Business-oriented computer applications
Students can also expect their program to include an introduction to core business subjects like accounting, finance, information technology and marketing.

biz-admin-mba
Curriculum for an MBA program covers the following topics:

Advanced management concepts and best practices
Organizational behavior and design
Ethical leadership
Strategic planning
International business
Accounting
Finance
Information technology
Marketing
DBA studies usually involve classes in research and analytical methods; core management subjects such as strategic planning, managing change and solutions-oriented leadership; and the student’s choice of specialization. Examples of specializations include international business, management, marketing and information systems.

How long will it take?
Depending upon your level of dedication, a business administration major can take the following time to complete:

Associate’s degree programs, which provide entry-level opportunity, usually take two years
A bachelor’s degree program takes four years
Master’s degree programs and MBAs generally require one to two years
A DBA program generally takes three to six years to complete
biz-admin-lengths
Are online programs available?
Luckily, online programs in business administration are readily available for all degree levels, including associates, bachelors, MBA and DBA degree programs. Online programs include general business as well as almost every specialty area, including online programs in the following:

Computer Science
International Business
Finance
Human Resources Management
Health Care Management
Marketing
Accounting
Entrepreneurship
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How much will my education cost?
Bachelor’s degree programs vary depending upon the institution you attend. According to College Board’s Trends in College Pricing 2017-2018, the average annual cost* for a four-year, public institution runs around $9,970 for in-state tuition and $25,620 for out-of-state-tuition.

The average annual cost for a four-year private non-profit school is $34,740 and $16,000 for a private for-profit school. Master’s degree program tuition at in-state public institutions costs an average of $8,670 annually, and doctorate program tuition costs $10,830 annually at in-state public institutions.

*Cost of tuition and fees only. Prices do not reflect books, room and board.

Tuition Cost

BACHELOR’S DEGREE PROGRAM

According to College Board’s Trends in College Pricing 2017-2018

Average Annual Cost for a four year

PUBLIC INSTITUTION

$9,970

in-state tuition

$25,620

out of state tuition

Annual Cost for a four year

PUBLIC INSTITUTION

$34,740

non-profit school

$16,000

profit school

MASTER’S DEGREE PROGRAM

According to College Board’s Trends in College Pricing 2017-2018

Average Annual Cost

PUBLIC INSTITUTION

$8,670

in-state tuition

DOCTORATE DEGREE PROGRAM

According to College Board’s Trends in College Pricing 2017-2018

Average Annual Cost

PUBLIC INSTITUTION

$10,830

in-state tuition

Attending an accredited school may allow you to apply for financial aid, whether the school you select is a traditional classroom or online program.

Are there prerequisites?
Undergraduate: A strong college preparatory high school education is a good start for your business administration degree program. Courses in English, communications and social sciences are recommended. Mathematics courses, at least through pre-calculus, are highly desirable. If your school offers computer technology classes make sure you enroll, as these skills will be integral through college and into your career.

Graduate: A completed, four-year bachelor’s degree in business administration or a related business field will prepare you for graduate school.

GRE and GMAT: The Graduate Record Examination (GRE) or Graduate Management Admission Test (GMAT) is not required for admission to degree programs in the U.S. However, you may submit a score for review with your admission materials.

What accreditation is there for my program?
Accreditation shows that an institution or program meets standards of quality set forth by an accrediting agency, and that it is committed not only to meet those standards but to continuously seek ways in which to improve the quality of education and training provided. There are two types of educational accreditation: institutional and specialized.

The three main specialized accreditors for business administration degree programs include:

The Association to Advance Collegiate Schools of Business (AACSB): AACSB International accredits degree programs in business administration and accounting at bachelor’s, master’s and doctorate levels

Accreditation Council for Business Schools & Programs(ACBSP): ACBSP accredits business, accounting and business-related programs at the associate, bachelors, masters and doctorate degree levels world

International Assembly for Collegiate Business Education (IACBE): The IACBE accredits business programs that lead to associate, bachelors, masters and doctorate degrees. It does not accredit institutions that only offer associate degrees in business

Institutional accreditation is provided by regional and national associations of schools and colleges, such as The Higher Learning Commission. Institutional accreditation is provided by regional and national associations of schools and colleges. There are six regional associations, each named after the region in which it operates (Middle States, New England, North Central, Northwest, Southern, Western). Learn more about accreditation.

Attending an accredited school may allow you to apply for financial aid, whether the school you select is a traditional classroom or online program.

What should expect my student-teacher ratio to be?
Students in undergraduate business administration programs will find a higher student-teacher ratio as many preparatory classes are often lecture-oriented and you can expect class size to be larger. As a rule, the further you progress in your education and field of specialty the smaller you should expect the ratio to become.

biz-admin-1-in-14
The ideal student-teacher ratio is around 14:1 according to U.S. News & World Report’s Best Schools survey.

Online Programs
One classic criticism of online programs is that you’re isolated from your teachers and classmates, but the opposite is often true. You may actually interact more with instructors and peers in online discussions, social media venues, and emails, than in a traditional classroom setting. The National Center for Education Statistics ranks the top 64 online universities on a number of factors, including student-teacher ratio. They found a range of 7:1–94:1 for their top 64 not-for-profit and for-profit schools.

Now that you’ve got the facts on business administration degrees, it’s time to make the first move toward the business career that’s calling you. Discover the program that’s just right for you.
Due to its versatility, a bachelor’s in business online remains the most popular college major in every state.

Business is the most popular major in higher education, leading to varied careers after graduation. Some graduates with business administration degrees online pursue jobs in management or finance, while others go on to pursue master of business administration (MBA) degrees.

The U.S. employs more than eight million business and finance professionals, primarily in executive management and financial management positions. These workers earned a mean annual wage of $78,130 in 2019 — well above the national average. Top executives with at least a bachelor’s degree and work experience are among the highest earners in the business sector, especially chief executives, who earned a median income of $184,460 in 2019.

Online business programs offer concentrations in fields like human resources (HR), sports, and healthcare management, and graduates can pursue both corporate positions and niche entrepreneurial endeavors. The following schools rank among the nation’s best online business degrees.

Top Ten Online Bachelor’s in Business Administration Programs
#1
Penn State World Campus
UNIVERSITY PARK, PA
#2
University of Wisconsin–Whitewater
WHITEWATER, WI
#3
Trine Online
ANGOLA, IN
#4
Indiana University–East
RICHMOND, IN
#5
Maryville University of Saint Louis
SAINT LOUIS, MO
#6
Clayton State University
MORROW, GA
#7
Missouri State University–Springfield
SPRINGFIELD, MO
#8
Kansas State University
MANHATTAN, KS
#9
University of Northwestern Ohio
LIMA, OH
#10
Troy University
TROY, AL
Related Programs That Might Interest You
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

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University of London
University of London
PROGRAM: BSC – BUSINESS AND MANAGEMENT
Designed by LSE, earn an online BSc Business and Management from the University of London, without relocating. Ranked #2 in the world for social sciences and management, analyse international and local management issues through the lens of various social science disciplines.

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What Is an Online Bachelor’s in Business Administration Degree?
Students who earn online bachelor’s in business administration (BBA) degrees can pursue positions in management and finance. Bachelor-level business administration degrees meet the minimum education requirement for most business jobs, though graduates interested in executive positions may need to earn MBAs.

Online business degrees help students develop the skills needed for management careers. Employers consistently rank marketing, sales, and business analytics — all of which are included in BBA core requirements — among the most desirable job skills. Online business degrees also typically offer management, finance, marketing, and entrepreneurship concentrations.

What Is the Difference Between a BBA, BSBA, and BABA?
Students pursuing online bachelor’s degrees in business administration can choose from three types of degrees: BBA, bachelor of science in business administration (BSBA), or bachelor of arts in business administration (BABA).

BBA programs typically focus on business and management principles, while BSBA programs emphasize technical business skills, covering mathematics, statistics, and science. BABA programs balance foundational business courses with more general liberal arts courses. All three degrees can lead to successful business careers.

Choosing an Online Bachelor’s in Business Administration Program
There are several factors you should consider when choosing between online business administration degrees. First, make sure your potential program is an accredited online business degree; without accreditation, your degree might not be recognized by employers or graduate schools.

Next, check that the program offers concentrations that suit your unique goals and career aspirations, while still using a learning format that works for your schedule. Schools typically offer a variety of concentrations and enrollment options for online business degrees. You can learn more about common considerations for distance learners at the links below.

HOW TO CHOOSE YOUR MAJOR
WHAT TO LOOK FOR IN AN ONLINE COLLEGE
What Else Can I Expect From an Online Bachelor’s in Business Administration Program?
While programs vary by school, many business administration degrees online include core coursework in accounting, marketing, and communication, with concentrations in fields like entrepreneurship, HR management, and international business. The following list explores popular courses and concentrations you may encounter while earning a business degree online.

Online Business Administration Curriculum
Business Ethics and Law: This course explores legal and ethical issues affecting trading and commerce. Topics include limited liability companies, contract law, and international business.
Leadership Theories and Application: Students in this course examine the behaviors of successful leaders in business, finance, and management, developing their own philosophies of leadership. Coursework typically uses case studies to illustrate leadership theories.
Accounting: Accounting coursework trains students in how to prepare and maintain financial reports, manage payrolls, and provide basic bookkeeping services. Topics can include financial, management, corporate, or tax accounting.
Economics: Economics coursework typically covers both macro- and microeconomics, which are critical to a business administration degree. This includes exploring business analytics and economic theory and policies, seeking to understand how consumers interact with wealth.
Marketing: This course explores practical and theoretical approaches to business marketing. Coursework covers advertising strategies, promotion development, social media marketing, and consumer research and analytics.
Operations Management: Operations management is an umbrella category that includes supply chain management, project management, and quality compliance — all essential functions for manufacturing, industrial, and general managers.
Online Business Degree Concentrations
COLLAPSE LIST
Entrepreneurship
Information Systems
Accounting
Human Resources Management
Finance
Supply Chain Management
Marketing
International Business
Business Careers
Online business degrees are among the most versatile academic programs, preparing students for careers across many industries. Graduates of business programs can pursue roles in finance, accounting, sales, and analytics — all roles that arise in most industries, including real estate, insurance, and public relations.

Below, you’ll find some of the most popular careers for business graduates.

CAREER MEDIAN PAY (2019)
Accountants and Auditors $71,550
Advertising and Promotions Managers $135,900
Budget Analysts $76,540
Buyers and Purchasing Agents $69,600
Compensation, Benefits, and Job Analysis Specialists $64,560
Credit Analysts $77,450
Financial Examiners $81,090
Fundraisers $57,970
Human Resources Specialists $61,920
Insurance Underwriters $70,020
Management Analysts $85,260
Market Research Analysts and Marketing Specialists $63,790
Meeting, Convention, and Event Planners $50,600
Personal Financial Advisors $87,850
Project Management Specialists and Business Operations Specialists $73,570
Property Appraisers and Assessors $57,010
Purchasing Managers $121,110
Sales Managers $126,640
Tax Examiners $54,890
Training and Development Specialists $61,210
Business Professional Organizations
Joining an organization for business professionals can help graduates access networking opportunities and career development. This can include organizations like the Business Professionals of America and the American Institute of Certified Public Accountants, which offer access to guest speaker events, mentorship opportunities, and annual industry conferences.

Students may find it especially helpful to join professional organizations related to their business concentrations. The more specialized an organization is, the more useful and relevant it will be for aspiring professionals in that field.

The Best Online Bachelor’s in Business Administration Degree Programs
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1
Penn State World Campus
UNIVERSITY PARK, PA

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AVERAGE NET PRICE
$$$$$
Accreditation

Like many of the best online business schools, Penn State’s Smeal College of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Pennsylvania State University is regionally accredited by the Middle States Commission on Higher Education (MSCHE).

Founded in 1955, Penn State now has 24 campuses and enrolls over 100,000 students annually. It also offers over 150 online degrees and certificates through its World Camp…

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GRADUATION RATE
71%
PERCENT RECEIVING LOANS
48%
ONLINE ENROLLMENT
100%
2
University of Wisconsin–Whitewater
WHITEWATER, WI

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Apply Now
AVERAGE NET PRICE
$$$$$
Accreditation

UWW’s business school is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

University of Wisconsin Whitewater is regionally accredited by the Higher Learning Commission (HLC).

Founded in 1868, UWW joined the University of Wisconsin system in 1971. UWW offers undergraduate and graduate programs to over 12,000 students annually at its two campuses and onli…

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GRADUATION RATE
58%
PERCENT RECEIVING LOANS
58%
ONLINE ENROLLMENT
34%
3
Trine Online
ANGOLA, IN

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Accreditation

Trine University is regionally accredited by the Higher Learning Commission (HLC).

Established in 1884, Trine took on its current moniker in 2008. Home to nine academic colleges and centers, the university offers undergraduate and graduate programs to over 4,000 students each ye…

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GRADUATION RATE
63%
PERCENT RECEIVING LOANS
55%
ONLINE ENROLLMENT
93%
4
Indiana University–East
RICHMOND, IN

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5
Maryville University of Saint Louis
SAINT LOUIS, MO

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6
Clayton State University
MORROW, GA

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7
Missouri State University–Springfield
SPRINGFIELD, MO

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8
Kansas State University
MANHATTAN, KS

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9
University of Northwestern Ohio
LIMA, OH

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10
Troy University
TROY, AL

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👏 End of list, bravo!
Best Online Programs
RANKING METHODOLOGY
Online Bachelor’s in Business Administration Programs Ranking Guidelines
We ranked these degree programs based on quality, curricula, school awards, rankings, and reputation.

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Frequently Asked Questions
Is a Bachelor’s in Business a Good Degree?
Earning a bachelor’s in business qualifies graduates for a variety of interesting careers with steady job growth and high salary potential. For students interested in entrepreneurship or working in a corporation, earning a business degree online can be a smart career move.

What Jobs Can I Do With a Business Degree?
What Is the Highest Paying Business Job?
Is a Degree in Business a BA or BS?
What Is the Best Business Concentration?
Learn more, do more.
Traditional undergrad students pursue their bachelor of business degrees on campus. However, with tuition on the rise and the increase in the cost of living, there are other ways to earn your bachelor’s degree in business.

Data from College Board shows that there is a five-year 13% change increase in tuition for private four-year universities and a 9% increase for public four-year schools in 2016-2017.

According to The Institute for College Access & Success, the average debt for public and private four-year institutions is $23,379 for the state of Florida. Florida ranks number 46 in the nation for average college debt. If you are concerned about the increase of college tuition and school debt, then you should look at Florida’s online business schools.

Top 10 Best Online Business Schools in Florida
RANK SCHOOL LOCATION
1 Embry-Riddle Aeronautical University—Worldwide Daytona Beach, FL
2 University of Florida Gainsville, FL
3 Saint Leo University St. Leo, FL
4 Florida Institute of Technology Melbourne, FL
5 Florida International University Miami, FL
6 Nova Southeastern University Fort Lauderdale, FL
7 Daytona State College Daytona Beach, FL
8 Bethune-Cookman University Daytona Beach, FL
9 Lynn University Boca Raton, FL
10 Everglades University Boca Raton, FL
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Accredited Online College Programs
BSC – BUSINESS AND MANAGEMENT
University Of London
Designed by LSE, earn an online BSc Business and Management from the University of London, without relocating. Ranked #2 in the world for social sciences and management, analyse international and local management issues through the lens of various social science disciplines.

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Online business programs give you flexibility, and they are inexpensive. The least expensive tuition among College Choice’s top online business schools in Florida is $92 per credit hour. With an online business degree, you do not have to go into overwhelming debt.

With a bachelor’s degree in business, you have the opportunity to make a decent salary coming right out of college. Business Insider ranks the undergraduate business degree as number 20 out of 50 college majors that lead to the highest pay jobs right out of school.

Entrepreneur says, “With marketing jobs growing 9% faster than the national average and the average median pay $124,850 per year for a mid-level marketing manager, a degree in marketing is a smart idea.” With your online business major, you will be able to have a degree focus in specializations like Marketing that will help you land the job of your dreams.

Rankings
See our rankings methodology page.

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Embry-Riddle Aeronautical University—Worldwide
LOCATION
Daytona Beach, FL

University of Florida
LOCATION
Gainsville, FL

Saint Leo University
LOCATION
St. Leo, FL

Florida Institute of Technology
LOCATION
Melbourne, FL

Florida International University
LOCATION
Miami, FL

Nova Southeastern University
LOCATION
Fort Lauderdale, FL

Daytona State College
LOCATION
Daytona Beach, FL

Bethune-Cookman University
LOCATION
Daytona Beach, FL

Lynn University
LOCATION
Boca Raton, FL

Everglades University
LOCATION
Boca Raton, FL