online MBA program prepares learners for careers in management, finance, accounting, and other business fields. For those already working in a business role, a part-time online master’s of business administration (MBA) program offers maximum flexibility. Earning an MBA provides graduates a highly regarded credential and increased marketability.
Admission requirements for online MBA programs vary, but typically include college transcripts, a personal statement, and GMAT or GRE scores. Some programs require an interview with a selection committee. Non-business bachelor’s degree-holders may need to complete prerequisites before admission.
Job prospects for MBA graduates continue to grow faster than average, according to the Bureau of Labor Statistics (BLS). The BLS projects a 5% growth in business-related fields between 2019-2029. Depending on the sector, degree-holders may earn $50,000-$150,000 annually.
Accredited Online College Programs
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Top 10 Online MBAs
|RANK||SCHOOL||AVG NET PRICE ?|
|1||University of Florida||$11313|
|2||Florida International University||$9180|
|3||University of North Carolina at Chapel Hill||$11649|
|4||University of Illinois at Urbana-Champaign||$15829|
|5||The University of Texas at Dallas||$9989|
|7||New Jersey Institute of Technology||$17855|
|8||University of Wisconsin-La Crosse||$12419|
|9||California State University-Bakersfield||$6025|
|10||Texas A & M International University||$4744|
Purpose of an Online MBA
online MBA degree prepares students to work in management-level business roles. Programs host full- and part-time options. Many schools allow students to combine an MBA with another master’s degree in fields such as engineering and information technology. Online MBA programs often feature specializations including marketing, operations, finance, entrepreneurship, and accounting. Some programs offer graduate certificates in areas that students can add to their degree.
Online MBA degrees combine core courses in management, financial accounting, and business analytics with advanced classes in topics including supply chain management and digital marketing. Many master’s in business administration degree programs require a capstone or practicum to graduate.
What Are the Requirements for an Online MBA?
Admission requirements for online MBA programs differ by school, but often include college transcripts, recommendation letters, and a personal statement. Some programs require GMAT or GRE scores. Most programs also carry a minimum GPA requirement.
Once admitted, learners can expect to encounter both core and specialized coursework. Course lengths may vary by degree type. For instance, accelerated programs feature eight- or ten-week courses that allow students to finish their degrees more quickly. Some programs require students to participate in an internship or other capstone experience. Many schools ensure that MBA students receive career counseling before graduation.
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