Top 10 Online MBA Programs in the USA

Best Online MBA Programs in the USA: Earning your MBA online allows working professionals to advance their business education without career disruption.

Top schools across the USA now offer accredited and highly-ranked online MBA programs.

In this article, you will find out the 10 best online MBA programs in the United States based on academic rigor, flexibility, affordability, and outcomes.

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Ranking Methodology

Top 10 Online MBA Programs in the USA

Our rankings utilize a methodology weighing six key factors:

  • Academic quality and rigor of the online MBA program
  • Student satisfaction and experience
  • Admissions selectivity
  • Overall affordability including aid options
  • External rankings from trusted publications
  • Career outcomes including salaries and placement rates

This comprehensive evaluation identifies the top online MBA programs in the US providing an exceptional, accessible business education.

Now let’s count down the 10 best online MBA programs in America for 2023!

Top 10 Online MBA Programs in the USA

The following are the best online MBA programs in the USA:

1. Indiana University – Kelley School of Business

The Kelley School of Business at Indiana University has one of the longest-running and top-ranked online MBA programs in the nation through Kelley Direct.

Key Stats

  • US News Ranking: #3
  • Cost: $60,000 total
  • Duration: 24 months
  • GMAT Waived: Yes

Why It’s Ranked #1

  • Tops US News online MBA rankings
  • GMAT waivers available
  • High student satisfaction
  • Customizable pace
  • Strong career outcomes
  • Large alumni network

With outstanding academics, affordability, and flexibility, Indiana University’s online MBA is hard to beat.

2. University of North Carolina – Kenan-Flagler Business School

UNC Kenan-Flagler pioneered online MBAs and their programs remain highly innovative and respected.

Key Stats

  • US News Ranking: #4
  • Cost: $97,500 total
  • Duration: 21 months
  • GMAT Required: Yes

Why It’s Ranked #2

  • Top ranked by US News, Princeton Review, and QS
  • Developed the first online MBA over 25 years ago
  • Customizable pace and highly interactive
  • Outstanding career services and salaries
  • Prestigious alumni network

With a legacy of online MBA excellence, UNC Kenan-Flagler delivers a top-notch flexible experience.

3. University of Florida – Warrington College of Business

The University of Florida offers an affordable AACSB-accredited online MBA through Warrington College of Business.

Key Stats

  • US News Ranking: #1
  • Cost: $28,700 total
  • Duration: 24 months
  • GMAT Waived: Yes

Why It’s Ranked #3

  • Ranked #1 online MBA by US News
  • GMAT waiver options available
  • Very reasonable tuition
  • Strong outcomes and salary boost
  • Respected Florida SEC university

For an affordable yet high-caliber online MBA, the University of Florida hits the mark.

4. Carnegie Mellon University – Tepper School of Business

CMU Tepper’s online hybrid MBA blends digital learning with immersive on-campus experiences.

Key Stats

  • US News Ranking: #2
  • Cost: $106,300 total
  • Duration: 32 months
  • GMAT Required: Yes

Why It’s Ranked #4

  • Ranked #2 online MBA by US News
  • Blended curriculum with residencies
  • Access to vast alumni network
  • Emphasis on technology and analytics
  • Prestigious university

CMU Tepper translates academic excellence into innovative online education.

5. Arizona State University – Carey School of Business

ASU offers multiple customizable and affordable online MBA options including niche specializations.

Key Stats

  • US News Ranking: #7
  • Cost: $30,000 total
  • Duration: 24 months
  • GMAT Waived: Yes

Why It’s Ranked #5

  • Ranked #1 for veterans by US News
  • GMAT waivers available
  • Specialized MBA tracks
  • Very reasonable tuition
  • Strong job placement rates

For flexibility, customization, and value, ASU Carey leads the pack.

6. University of Texas Dallas – Naveen Jindal School of Management

UT Dallas provides an interactive 75% online / 25% in-person hybrid MBA through Jindal.

Key Stats

  • US News Ranking: #16
  • Cost: $57,000 total
  • Duration: 48 months
  • GMAT Required: Yes

Why It’s Ranked #6

  • High US News ranking for a hybrid model
  • Blended online/in-person curriculum
  • Highly customizable degree paths
  • Impressive career outcomes
  • Large alumni network

UT Dallas offers the best of online and on-campus MBA worlds.

Read Also: Go Global MBA Scholarship 2024 – How to Apply

7. Washington University St. Louis – Olin Business School

WashU Olin’s online MBA offers AACSB-accredited business education with excellent flexibility.

Key Stats

  • US News Ranking: #18
  • Cost: $82,800 total
  • Duration: 25 months
  • GMAT Required: Yes

Why It’s Ranked #7

  • Top 20 online MBA by US News
  • AACSB-accredited program
  • Accelerated course options available
  • Strong focus on leadership
  • Access to a vast alumni network

Washington University St. Louis makes a top MBA degree accessible remotely.

8. Syracuse University – Whitman School of Management

Syracuse Whitman provides outstanding flexibility through their interactive online MBA program.

Key Stats

  • US News Ranking: #10
  • Cost: $76,500 total
  • Duration: 24 months
  • GMAT Waived: Yes

Why It’s Ranked #8

  • Top 10 online MBA by US News
  • GMAT waiver options available
  • Highly customizable schedule
  • Focus on leadership and analytics
  • Exceptional student experience

Syracuse allows professionals to fit an acclaimed MBA into their lifestyle.

9. University of Massachusetts Amherst – Isenberg School of Management

UMass Amherst Isenberg provides an affordable, highly-ranked online MBA program.

Key Stats

  • US News Ranking: #27
  • Cost: $33,000 total
  • Duration: 24 months
  • GMAT Waived: Yes

Why It’s Ranked #9

  • Top 30 online MBA by US News
  • Waives GMAT requirement
  • Extremely reasonable tuition
  • Quality education and solid reputation
  • Strong alumni network

UMass Amherst delivers top online MBA academics at a bargain price.

10. Penn State World Campus

Penn State World Campus provides an AACSB-accredited and affordable online MBA program.

Key Stats

  • US News Ranking: #64
  • Cost: $35,000 total
  • Duration: 24 months
  • GMAT Waived: Yes

Why It’s Ranked #10

  • AACSB-accredited
  • Waives GMAT for strong candidates
  • Very affordable tuition
  • Respected university degree
  • Robust alumni network

Penn State World Campus offers accredited online MBA education on a budget.

Benefits of Online vs On-Campus MBAs in the USA

Online and on-campus MBA programs teach the same key business disciplines, but online options offer distinct advantages:

1. Flexibility

With prerecorded lectures and remote coursework, online MBA students have ultimate location and schedule flexibility to progress at their own pace.

2. Cost Savings

Online programs eliminate expenses like housing, commuting, and visa fees. Tuition also tends to be lower than full-time on-campus programs.

3. No Career Break

Professionals can continue working full-time while taking online MBA classes part-time. This allows the immediate application of new skills.

4. Global Access

Top US schools draw remote MBA students from worldwide, offering networking diversity.

The best online MBA programs utilize interactive technologies and strong instructional design to deliver engaging, high-caliber business education with unmatched flexibility for working professionals.

Choosing the Best Online MBA Program for You

With many excellent online MBA programs across the country, choosing the right fit matters. Consider factors like:

1. Instructional Model

How interactive and live are classes? Is in-person time required or optional?

2. Specializations

Can you customize with concentrations and electives aligned to your goals?

3. Admissions Requirements

Does the program waive the GMAT for qualified applicants? How selective is admissions?

4. Cost and Financial Aid

What is the total tuition with fees? What scholarship options exist?

6. School Culture and Community

Do the learning methods and student community appeal to you?

Read Also: University of Edinburgh Online MBA Diversity Scholarships 2024- How to Apply

Final Thoughts

Finding an online MBA providing the right mix of academic rigor, flexibility, cost, and outcomes takes research.

Leverage this ranking of top online MBA programs in the USA as a starting point in your search process.

With technology expanding access to prestigious degrees, the possibilities for advancing your career with an online MBA have never been better.

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