Best Online MBA Programs of 2025
An online MBA degree can help working professionals advance their careers without stepping away from their jobs. Check out our helpful guide to learn more.
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An online MBA isn’t just a long-term investment — it can start paying off before you even graduate.
Many working professionals report earning promotions and raises before graduating. In fact, 64% of 2024 graduates of the University of Michigan Ross School of Business graduates reported receiving a promotion during their studies. This early return on investment makes online MBAs an attractive option for working professionals.
To meet this demand, a growing number of business schools are launching online MBAs geared toward adults who don’t want to step away from their jobs. These programs are often more affordable than in-person options and are frequently offered in flexible, asynchronous formats that fit busy schedules.
We ranked the best online MBA programs based on factors like affordability and student outcomes to help you find the program that works best for you.
MBA Degree Highlights
- Getting an MBA degree can increase your salary and career prospects.
- Online MBA programs are now including more networking opportunities to help students build their professional network, even while studying remotely.
- In a 2024 BestColleges survey, more than 94% of online MBA and master’s students and graduates said they think earning an online degree has had or will have a positive return on investment.
Top Online MBA Programs
How We Rank Schools
To create this ranking, BestColleges sourced the most recent data available from the National Center for Education Statistics and the U.S. Department of Education College Scorecard. We then ranked each school according to the top variables college students selected in our College Choice and Admissions Survey. To learn more, check out our full rankings methodology or read the summary below.
To qualify for our rankings lists, each school must be an accredited public or private, nonprofit institution. Each eligible school was then ranked based on a formula measuring:
2025- Affordability (30%)
- Student outcomes (30%)
- Reputation (20%)
- Diversity and social mobility (20%)
In addition, we only included colleges with graduation rates in the top third of all online colleges.
Texas A & M University-College Station
College Station, TX4 yearCampus + Online
$6,885
$19,882
63%
39%
Why We Chose This School
With a master of business administration in management online from Texas A&M International University, you can complete a program accredited by the Association to Advance Collegiate Schools of Business (AACSB) entirely online. Courses are taught in a seven-week, asynchronous format with six different start dates throughout the year.
To apply, you'll need to complete an online application and submit a resume and transcripts from your undergraduate business degree. You may also be required to submit a personal statement and two letters of reference.
You may qualify for a GMAT/GRE waiver if you meet the school's automatic admission requirements.
Highlights
- Flexible start dates
- 94% retention rate
- Affordable tuition compared to other schools on this list
Know Before You Apply
- 43% admission rate
- Lower graduation rate compared to other options on this list
- No in-person networking component built into the curriculum
$8,443
$36,637
94%
76,633
Public
Yes
$6,885
$19,882
College Station, TX4 yearCampus + Online
$6,885
$19,882
63%
39%
$8,443
$36,637
94%
76,633
Public
Yes
Why We Chose This School
With a master of business administration in management online from Texas A&M International University, you can complete a program accredited by the Association to Advance Collegiate Schools of Business (AACSB) entirely online. Courses are taught in a seven-week, asynchronous format with six different start dates throughout the year.
To apply, you'll need to complete an online application and submit a resume and transcripts from your undergraduate business degree. You may also be required to submit a personal statement and two letters of reference.
You may qualify for a GMAT/GRE waiver if you meet the school's automatic admission requirements.
Highlights
- Flexible start dates
- 94% retention rate
- Affordable tuition compared to other schools on this list
Know Before You Apply
- 43% admission rate
- Lower graduation rate compared to other options on this list
- No in-person networking component built into the curriculum
William & Mary
Williamsburg, VA4 yearCampus + Online
$10,905
$29,352
33%
14%
Why We Chose This School
The online MBA program from William & Mary is designed to improve career outcomes for graduates. The school's alumni have worked at major companies such as IBM, Discover, and Microsoft. Additionally, according to the university, roughly 80% of graduates got a raise during or after completing their degree program.
As a student, you'll take 12 courses taught in a 7.5-week, asynchronous format. You'll also complete a one-credit, on-campus residency over a weekend.
Highlights
- 91% graduation rate
- AACSB-accredited
- Ranked No.1 and No.2 for mid-income and low-income completion rates, respectively
Know Before You Apply
- Requires a weekend residency
- Less affordable than other options on this list
- 36% admission rate
$18,252
$42,053
95%
9,762
Public
Yes
$10,905
$29,352
Williamsburg, VA4 yearCampus + Online
$10,905
$29,352
33%
14%
$18,252
$42,053
95%
9,762
Public
Yes
Why We Chose This School
The online MBA program from William & Mary is designed to improve career outcomes for graduates. The school's alumni have worked at major companies such as IBM, Discover, and Microsoft. Additionally, according to the university, roughly 80% of graduates got a raise during or after completing their degree program.
As a student, you'll take 12 courses taught in a 7.5-week, asynchronous format. You'll also complete a one-credit, on-campus residency over a weekend.
Highlights
- 91% graduation rate
- AACSB-accredited
- Ranked No.1 and No.2 for mid-income and low-income completion rates, respectively
Know Before You Apply
- Requires a weekend residency
- Less affordable than other options on this list
- 36% admission rate
Clemson University
Clemson, SC4 yearCampus + Online
$11,220
$23,372
38%
40%
Why We Chose This School
Clemson University's online MBA program is a part-time program for learners with at least two years of work experience.
You'll take courses like operations management, managerial accounting, and information systems. You can also add a certificate in business analytics, technology entrepreneurship, or reliability engineering to your MBA degree.
Keep in mind, however, that some classes require live attendance.
Highlights
- Flexible part-time structure
- Strong alumni support
- 71% admission rate
- AACSB-accredited
- Graduates have a 95% job placement rate
Know Before You Apply
- Less affordable tuition than other schools on this list
- Lower low- and mid-income completion rates compared to others on this list
- Requires some live attendance
$14,118
$37,982
93%
28,747
Public
Yes
$11,220
$23,372
Clemson, SC4 yearCampus + Online
$11,220
$23,372
38%
40%
$14,118
$37,982
93%
28,747
Public
Yes
Why We Chose This School
Clemson University's online MBA program is a part-time program for learners with at least two years of work experience.
You'll take courses like operations management, managerial accounting, and information systems. You can also add a certificate in business analytics, technology entrepreneurship, or reliability engineering to your MBA degree.
Keep in mind, however, that some classes require live attendance.
Highlights
- Flexible part-time structure
- Strong alumni support
- 71% admission rate
- AACSB-accredited
- Graduates have a 95% job placement rate
Know Before You Apply
- Less affordable tuition than other schools on this list
- Lower low- and mid-income completion rates compared to others on this list
- Requires some live attendance
Villanova University
Villanova, PA4 yearCampus + Online
$21,261
$21,261
25%
26%
Why We Chose This School
When pursuing a professional MBA from Villanova University, you can choose an online, in-person, or accelerated hybrid learning format. You'll need to take 48 credits to complete the general MBA track.
With an additional 7.5 credits, you can add a specialization in applied artificial intelligence and machine learning, business analytics, finance, international business, marketing, strategic management, or sustainability.
Highlights
- Digital credential with specialization track
- AACSB-accredited
- 91% graduation rate
- Ranked No.7 for earnings six years after graduation
- Test scores are not required to apply
Know Before You Apply
- Pricier tuition compared to other schools on this list
$63,806
$63,806
95%
10,111
Private
Yes
$21,261
$21,261
Villanova, PA4 yearCampus + Online
$21,261
$21,261
25%
26%
$63,806
$63,806
95%
10,111
Private
Yes
Why We Chose This School
When pursuing a professional MBA from Villanova University, you can choose an online, in-person, or accelerated hybrid learning format. You'll need to take 48 credits to complete the general MBA track.
With an additional 7.5 credits, you can add a specialization in applied artificial intelligence and machine learning, business analytics, finance, international business, marketing, strategic management, or sustainability.
Highlights
- Digital credential with specialization track
- AACSB-accredited
- 91% graduation rate
- Ranked No.7 for earnings six years after graduation
- Test scores are not required to apply
Know Before You Apply
- Pricier tuition compared to other schools on this list
University of North Carolina Wilmington
Wilmington, NC4 yearCampus + Online
$4,979
$20,155
74%
67%
Why We Chose This School
University of North Carolina Wilmington offers several AACSB-accredited online MBA programs. These MBA programs require you to complete 36 credits and offer specializations in areas such as business analytics, cybersecurity, finance, and healthcare management. You can also pursue an executive MBA, which requires 42 credits to complete.
Coursework is also fully online and asynchronous, and you can graduate in as few as 12 months. Note that you don't need GMAT or GRE scores to apply.
The school may also waive the letters of recommendation requirement if you meet specific criteria.
Highlights
- Flexible admission requirements
- Affordable tuition
- Flexible program with asynchronous courses
Know Before You Apply
- Requires self-discipline
- Lower earnings six years after graduation compared to others on this list
$4,443
$20,111
85%
17,987
Public
Yes
$4,979
$20,155
Wilmington, NC4 yearCampus + Online
$4,979
$20,155
74%
67%
$4,443
$20,111
85%
17,987
Public
Yes
Why We Chose This School
University of North Carolina Wilmington offers several AACSB-accredited online MBA programs. These MBA programs require you to complete 36 credits and offer specializations in areas such as business analytics, cybersecurity, finance, and healthcare management. You can also pursue an executive MBA, which requires 42 credits to complete.
Coursework is also fully online and asynchronous, and you can graduate in as few as 12 months. Note that you don't need GMAT or GRE scores to apply.
The school may also waive the letters of recommendation requirement if you meet specific criteria.
Highlights
- Flexible admission requirements
- Affordable tuition
- Flexible program with asynchronous courses
Know Before You Apply
- Requires self-discipline
- Lower earnings six years after graduation compared to others on this list
Florida International University
Miami, FL4 yearCampus + Online
$9,119
$21,600
59%
66%
Why We Chose This School
Through a professional MBA program from Florida International University, you can structure your studies to meet your personal circumstances and complete your degree fully online.
Classes are taught in a mix of asynchronous and synchronous components, and you can choose from three pacing tracks, five start dates, and 10 specializations.
The program offers three professional development seminars and 14 courses with specializations available in subjects like business law, real estate, and strategic negotiations.
Highlights
- Wide variety of specializations to choose from
- Very affordable tuition
- Ranked No.1 for student completion rate
- AACSB-accredited
Know Before You Apply
- Some scheduled times required
- Lower admission rate than other schools on this list
$6,168
$18,566
92%
54,085
Public
Yes
$9,119
$21,600
Miami, FL4 yearCampus + Online
$9,119
$21,600
59%
66%
$6,168
$18,566
92%
54,085
Public
Yes
Why We Chose This School
Through a professional MBA program from Florida International University, you can structure your studies to meet your personal circumstances and complete your degree fully online.
Classes are taught in a mix of asynchronous and synchronous components, and you can choose from three pacing tracks, five start dates, and 10 specializations.
The program offers three professional development seminars and 14 courses with specializations available in subjects like business law, real estate, and strategic negotiations.
Highlights
- Wide variety of specializations to choose from
- Very affordable tuition
- Ranked No.1 for student completion rate
- AACSB-accredited
Know Before You Apply
- Some scheduled times required
- Lower admission rate than other schools on this list
University of Maryland-College Park
College Park, MD4 yearCampus + Online
$16,560
$36,100
45%
30%
Why We Chose This School
University of Maryland's online MBA program takes 24-36 months to complete. You may pursue a general degree or specialize in finance, information systems, marketing, or supply change management.
The courses offer a balanced combination of asynchronous and synchronous learning formats. You can also choose a hybrid model and enroll in on-campus certificate programs to enhance your degree.
Another key benefit of this program is that the same faculty teach both the online and in-person MBA courses.
Highlights
- Offers up to $25,000 in merit scholarships
- Ranked No.7 for student completion rate
- 88% graduation rate
- Optional on-campus opportunities
- AACSB-accredited
Know Before You Apply
- Pricier tuition compared to other schools on this list
- 28% admission rate
$9,889
$38,690
96%
40,813
Public
Yes
$16,560
$36,100
College Park, MD4 yearCampus + Online
$16,560
$36,100
45%
30%
$9,889
$38,690
96%
40,813
Public
Yes
Why We Chose This School
University of Maryland's online MBA program takes 24-36 months to complete. You may pursue a general degree or specialize in finance, information systems, marketing, or supply change management.
The courses offer a balanced combination of asynchronous and synchronous learning formats. You can also choose a hybrid model and enroll in on-campus certificate programs to enhance your degree.
Another key benefit of this program is that the same faculty teach both the online and in-person MBA courses.
Highlights
- Offers up to $25,000 in merit scholarships
- Ranked No.7 for student completion rate
- 88% graduation rate
- Optional on-campus opportunities
- AACSB-accredited
Know Before You Apply
- Pricier tuition compared to other schools on this list
- 28% admission rate
Auburn University
Auburn, AL4 yearCampus + Online
$10,692
$32,076
50%
45%
Why We Chose This School
With an online MBA program from Auburn University, you can specialize in one of three areas: business analytics, finance, or information systems.
You can also add a graduate certificate or a second concurrent master's degree. You'll take courses like cost analysis, organizational leadership and change, and financial engineering.
This program takes an average of 31 months to complete, but you can take up to six years to graduate.
Highlights
- Flexible completion window
- Flexible degree options
- 79% graduation rate
Know Before You Apply
- Lower completion rates for low- and mid-income students compared to others on this list
- Less affordable tuition compared to other schools
$10,704
$32,112
93%
33,015
Public
Yes
$10,692
$32,076
Auburn, AL4 yearCampus + Online
$10,692
$32,076
50%
45%
$10,704
$32,112
93%
33,015
Public
Yes
Why We Chose This School
With an online MBA program from Auburn University, you can specialize in one of three areas: business analytics, finance, or information systems.
You can also add a graduate certificate or a second concurrent master's degree. You'll take courses like cost analysis, organizational leadership and change, and financial engineering.
This program takes an average of 31 months to complete, but you can take up to six years to graduate.
Highlights
- Flexible completion window
- Flexible degree options
- 79% graduation rate
Know Before You Apply
- Lower completion rates for low- and mid-income students compared to others on this list
- Less affordable tuition compared to other schools
Santa Clara University
Santa Clara, CA4 yearCampus + Online
$25,873
$25,873
44%
11%
Why We Chose This School
You can complete Santa Clara University's online MBA program in as few as two years. There are four start dates, and you can choose one of five degree concentration options.
Additionally, the program's curriculum is led by faculty with firsthand experience leading businesses in technology, healthcare, and merchandise.
Keep in mind that this program requires two on-campus weekend residencies. However, as of fall 2024, 93% of alumni reported salary increases within six months of graduation, according to the school.
Highlights
- Experienced faculty
- Strong networking opportunities
- Ranked No.8 for earnings six years after graduation
- 88% graduation rate
- AACSB-accredited
Know Before You Apply
- Least affordable tuition on this list
- Requires two in-person residencies
$58,587
$58,587
94%
9,326
Private
Yes
$25,873
$25,873
Santa Clara, CA4 yearCampus + Online
$25,873
$25,873
44%
11%
$58,587
$58,587
94%
9,326
Private
Yes
Why We Chose This School
You can complete Santa Clara University's online MBA program in as few as two years. There are four start dates, and you can choose one of five degree concentration options.
Additionally, the program's curriculum is led by faculty with firsthand experience leading businesses in technology, healthcare, and merchandise.
Keep in mind that this program requires two on-campus weekend residencies. However, as of fall 2024, 93% of alumni reported salary increases within six months of graduation, according to the school.
Highlights
- Experienced faculty
- Strong networking opportunities
- Ranked No.8 for earnings six years after graduation
- 88% graduation rate
- AACSB-accredited
Know Before You Apply
- Least affordable tuition on this list
- Requires two in-person residencies
University of Oklahoma-Norman Campus
Norman, OK4 yearCampus + Online
$8,903
$25,163
77%
51%
Why We Chose This School
With an online MBA program from the University of Oklahoma, you'll have the opportunity to earn a general degree or specialize in supply chain management.
You'll take these online classes live on weekday evenings from 7-9 p.m. CST, allowing you to continue working during the day.
As an online student, you are invited to participate in in-person networking and social events in addition to online opportunities.
Highlights
- Evening classes easily fit into the common 9-5 work schedule
- Higher low- and mid-income completion rates
- In-person networking events available for online students
Know Before You Apply
- You cannot take classes in person as an online MBA student
- Not as flexible with learning times
$5,070
$22,140
89%
29,166
Public
Yes
$8,903
$25,163
Norman, OK4 yearCampus + Online
$8,903
$25,163
77%
51%
$5,070
$22,140
89%
29,166
Public
Yes
Why We Chose This School
With an online MBA program from the University of Oklahoma, you'll have the opportunity to earn a general degree or specialize in supply chain management.
You'll take these online classes live on weekday evenings from 7-9 p.m. CST, allowing you to continue working during the day.
As an online student, you are invited to participate in in-person networking and social events in addition to online opportunities.
Highlights
- Evening classes easily fit into the common 9-5 work schedule
- Higher low- and mid-income completion rates
- In-person networking events available for online students
Know Before You Apply
- You cannot take classes in person as an online MBA student
- Not as flexible with learning times
Why You Should Get an MBA Degree
Increase your earning potential: Having an MBA degree is generally tied to higher earnings, with MBA graduates having a higher average salary than those with just a bachelor’s degree. - Boost your career prospects: MBA programs have a particular focus on leadership skills that can help you advance into managerial positions, which the Bureau of Labor Statistics (BLS) projects will grow faster than average for all jobs from 2023 to 2033.
- Specialize in a specific field: Many online MBA programs offer specializations in cybersecurity, artificial intelligence (AI), finance, accounting, marketing, and more.
- Build your professional network: Online MBA programs often feature networking opportunities, such as speed networking and virtual panels, that allow you to work closely with peers and discuss real-world business challenges.
Benefits of Getting an MBA Degree Online
- More than three-quarters of online MBA and master’s students BestColleges surveyed said they think online learning is equal to or better than on-campus classes.
- The same survey found that 97% of online MBA and master’s students say they would recommend online education to others.
- Online MBA programs are generally tailored to working professionals. They often feature asynchronous schedules that let you learn and complete assignments at your own pace.
How to Choose the Best Online MBA Program for You
When choosing the best MBA program for you, make sure to consider the program’s cost and length. You should also take into account whether it offers courses and concentrations that fit your career goals.
Dr. Angélica S. Gutiérrez, an associate professor of management at Loyola Marymount University, says another important factor to consider is the curriculum. “If you have specific career interests,” Gutiérrez says, “then it will be imperative to select an MBA program that will offer the courses necessary to develop skills that will improve your career prospects.”
How Much Does an Online MBA Program Cost?
Master’s in Business/Management, 2019-20
Online
$10,995 Avg. Tuition & Fees
$8,534 Avg. Net Price
In-Person
$21,974 Avg. Tuition & Fees
$15,428 Avg. Net Price
Source: NCES PowerStats
The cost of an MBA program can vary widely, but online MBA programs tend to be less expensive than in-person programs.
For example, yearly tuition and fees for an in-person MBA program are almost 100% more expensive than an online program, according to 2020 data from the National Center for Education Statistics. However, keep in mind that the school you attend can drastically change the cost of your degree.
Nationally renowned business schools, like Michigan Ross or the University of North Carolina Kenan-Flagler Business School, can charge more than six figures for their online MBA programs. On the other hand, regional schools and online-only institutions tend to be much more affordable.
Find Financial Aid for Your MBA
How Long Does It Take to Get an MBA?
Typical # of Credits
36 Credits
Typical Program Length
2-3 Years
MBA degrees traditionally take two years to complete, but online MBA programs can vary in terms of the time it takes to graduate.
Many online programs follow an asynchronous format, meaning you can study and complete assignments on your own schedule. This setup is ideal for working professionals who want to earn their degree without leaving their jobs. However, these part-time, asynchronous programs can take more than three years to complete.
Other online MBA programs have an accelerated format, allowing you to earn your degree in as little as a year. These programs are generally more intensive, as they condense the curriculum into shorter classes and a faster-paced schedule.
MBA Application Requirements
Letters of recommendation- GMAT or GRE (if required)
- Undergraduate transcripts
- Resume
- Personal essays
- Work experience (if required)
Accreditation for MBA Degrees
In addition to institutional accreditation, some business schools also hold programmatic accreditation. This type of accreditation is granted by third-party organizations that evaluate MBA programs based on factors such as the quality of their curriculum and student employment rates after graduation.
Attending an MBA program with programmatic accreditation is a good way to make sure you’ll get value out of your degree, since accreditors evaluate faculty expertise and consider students’ success after graduation.
Here are some programmatic accreditations to look for:
- Association to Advance Collegiate Schools of Business (AACSB): The AACSB offers programmatic accreditation to some of the world’s top academic institutions. When accrediting schools, the organization takes into account factors such as student learning and progression and faculty qualifications.
- Accreditation Council for Business Schools and Programs (ACBSP): The ACBSP accredits individual MBA programs by evaluating teaching and faculty excellence, as well as student outcomes.
- International Accreditation Council for Business Education (IACBE): When accreditng business schools, the IACBE emphasizes student success and outcomes, as well as a university’s overall mission.
Ask an Expert: How Important Is Accreditation for MBAs?
“Accreditation for an MBA is important because it signals that the program meets quality standards and that the curriculum will provide a solid education. Some employers only recognize MBA programs with accreditation, so it is important to consider it when exploring an MBA.”
What Can You Do With an MBA?
With an MBA degree, you’ll learn broad business skills in areas like finance, accounting, and data analysis. These skills, along with work experience, can help you land managerial positions, such as financial or operations manager.
Many MBA graduates work in the consulting, finance, and tech industries. However, an MBA degree can bolster your resume regardless of your work sector. And it can help you pivot into a different industry if you’re looking for a change.
Also, note that you may not even have to wait until graduation to start seeing a return on your investment. Some online MBA students report getting raises, new job offers, or promotions before graduating.
| Job | Median Annual Salary (May 2023) | Description |
|---|---|---|
| Management Analysts | $99,410 | Evaluate an organization to improve efficiency and boost earnings. |
| Financial Managers | $156,100 | Manage an organization’s money and assist in planning and investments |
| Financial Analysts | $99,890 | Help businesses make decisions based on financial forecasts and budgets |
| General and Operations Managers | $101,280 | Oversee the day-to-day operations of a business and look for ways to improve efficiency |
Learn More About Business Jobs
Popular MBA Concentrations
Some MBA programs use the terms concentration or specialization, and this generally means that they offer a curriculum with in-depth courses around a specific business area. If you want to advance in a specific field or break into a new one, opting for one of these MBA programs can help you hone a specific skill set.
Accounting, marketing, finance, and analytics are all common MBA concentrations. Each of these concentrations can potentially improve your career opportunities in those respective fields.
Recently, several schools have also rolled out concentrations in emerging areas like cybersecurity and AI in response to student and employer demands.
Is an MBA Worth It?
An online MBA degree can help you advance your career without stepping away from the workforce.
Graduates from some online MBA programs, like the University of Michigan and the University of Illinois, report getting raises and promotions even before graduating.
Additionally, 94% of the online MBA and master’s students and graduates BestColleges surveyed were optimistic about their prospects and think their degree will have a positive return on their investment.
However, an MBA isn’t a guaranteed return on investment. While it’s generally tied to higher earnings, that doesn’t mean it’s the best career move for everyone.
Before enrolling, consider a specialized degree, such as a master’s in accounting, if you want to move up within a specific field. You can also pursue short-term credentials, like a mini MBA, to get a feel if it’s the right path for you.
Education Beyond an MBA
There are some certifications you can earn after graduating from an MBA program.
For example, some business schools offer short-term credentials and certifications in high-demand areas like AI that can help bolster your resume. Moreover, employers have reported that they see value in short-term, stackable credentials.
If you want to focus more on research or land a job in academia, earning a doctoral degree in business administration is also an option to consider. However, note that these advanced degrees are not generally required to work in the private sector.
Frequently Asked Questions About MBAs
MBA programs teach a mix of business fundamentals and leadership skills. You’ll get a broad overview of business skills like accounting, analytics, marketing, and finance. You may also have the opportunity to specialize in more technical areas, such as information technology.
Explore More College Resources
What Is an MBA? The Popular Business Degree Explained
The versatile master of business administration (MBA) degree can improve job prospects and lead to higher salaries for many graduates.
Updated October 30, 2024
10 Reasons to Get an MBA
Although enrollment in master of business administration (MBA) programs is on the decline, the degree remains a viable path to better earnings and career prospects.
Updated December 19, 2024
Is an MBA Worth It? The ROI of an MBA
We break down the data on costs, potential salary, and ROI, so you can decide if getting an MBA is worth it for you.
by Lyss Welding
Updated February 20, 2025
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