The Best Online MBA Programs of 2019-2020

top_best_online_mba_programsBusiness professionals who want to develop their skills or vie for positions in upper management often find that earning an MBA is a necessary step on their journey to furthering their career. Balancing a career, home, and family, and attending traditional classes can be time-consuming. Rather than forego the career-building benefits of earning an MBA, professionals now have the option of using online programs to strengthen their skills and expand their knowledge base.

Online MBA programs offer professionals the flexibility to complete a degree program while still managing the responsibilities of work and home. Some programs offer only online coursework while others offer a combination approach that includes both synchronous and asynchronous learning approaches.

Some students may find it surprising that online MBA programs can also be relatively affordable. The Costs of a program can range from $5,000 per year up to $50,000 or more per year. Some programs allow students to tailor the number of credits taken in a year or the length of the completed program to their personal financial profile to keep costs affordable.

An almost inherent benefit to an online MBA program is the use of technology. With the coursework predominantly done online, these students are exposed to the latest innovation in programs designed for the business world. Students experience an immersive atmosphere when communicating with peers, instructors, and technical support staff. These programs are designed to cater to a variety of backgrounds, lending themselves to a diverse student population. This diversity often extends to include international students, which allows students to make global contacts.

EDsmart’s Best Online MBA ranking assessment includes business schools that are accredited, satisfy and graduate their students, and have been proven to increase salaries at an affordable price.

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Methodology | Rankings

Methodology

EDsmart has dug through the data trenches to bring you an easy to read, easy to digest ranking of the best online MBA programs.

Schools are ranked based on four data points in three categories:

  • Affordability (financial aid, net price)
  • Student Satisfaction (retention rate)
  • Academic Quality (4-year graduation rate)
  • Student Outcome (20-year net ROI according to Payscal.com)

Each data point is ranked with equal weight. Schools received a weighted overall ranking score for each individual point mentioned above–100 being the highest score possible.

In the case of a tie in scoring, the average net price was the determining factor for which school received the higher rank–the lower the net price, the higher the ranking.

All data was gathered from the National Center for Education Statistics website and is accurate at the time of this writing [April 2019].

Best Online MBA Programs for 2019-2020

1. The University of North Carolina at Chapel Hill

Best Online MBA Programs for 2019-2020_University_of_North_Carolina_at_Chapel_Hill

Score: 100

Financial Aid: 67%
Average Net Price: $11,100
Retention Rate: 96%
Graduation Rate: 91%
ROI: $373,000

The Kenan-Flagler Business School at the University of North Carolina Chapel Hill is ranked highly among online MBA programs. This online program is comprehensive, and aims to directly mimic the campus experience. This is a large public university with an average of 1,107 applicants for the MBA program and an acceptance rate of 61%. To attend, you must take either the GRE or GMAT except in special circumstances. This University is tied for the first place ranking on US News’ Online MBA Ranking for 2019, and number 29 on the niche.com Best Colleges for Business in America list. In addition to these rankings, the peer assessment score for UNC-Chapel Hill is also high, indicating that other universities hold this school in high regard. The high work experience among MBA students adds to the experience here as well as the extensive and international alumni network. For an online program, tuition is expensive at about $1728 per credit hour for in and out of state residents. The total investment comes to just over $100,000, so this isn’t a program to enter lightly, as you will need to land a great job post-MBA for this investment to pay off.

2. University of South Florida

best online MBA programs for 2019-2020_University_South_Florida

Score: 99.2

Financial Aid: 89%
Average Net Price: $11,766
Retention Rate: 90%
Graduation Rate: 71%
ROI: $319,000

The University of South Florida is a public university located in Tampa, Florida. The Online MBA Program is ranked among the US News Top 100 Best Online MBA Programs. There are generally around 124 applicants for this program, with 59 of those individuals accepted to the University, creating an acceptance rate at about 48%. These light numbers create smaller class sizes across the board, allowing professors more time to interact with students one on one. The average undergraduate GPA is 3.2, and the average GMAT score is 563. The GMAT is required during the application process, except for certain circumstances. Almost 100% of students have prior work experience, averaging around five years. Tuition is relatively affordable at around $900 per credit. USF is a larger school, but this program is smaller and will ensure that you get what you need from peers and professors. The school as a whole is about evenly split between genders, but the business program does skew male, at only 34% female.

3. West Virginia University

best online MBA programs for 2019-2020_West_Virginia_University

Score: 99.0

Financial Aid: 93%
Average Net Price: $11,486
Retention Rate: 80%
Graduation Rate: 57%
ROI: $392,000

The online MBA program at West Virginia University is ranked number 45 according to US News. This is a hybrid MBA program, as you cannot earn the degree entirely online or abroad. You must take either the GMAT or GRE as part of the application requirements here. Additionally, you must have a minimum of two years professional experience prior to beginning this program. Despite these stipulations, WVU has a very high acceptance rate, 94%, and allows applicants to be admitted that are living abroad. There is mandatory collaboration between online and campus-based students. There are around 170 students enrolled in this program, the majority of which (98%) are employed. Tuition is relatively affordable at around $1,000 per credit hour whether in or out of state. This program’s hybrid nature allows the flexibility and convenience needed to enable working professionals to meet their academic goals. Outside of the core curriculum you can also choose an emphasis, which are somewhat limited. This MBA program only offers an Energy Finance Emphasis, a Forensic Accounting and Fraud Examination Emphasis, and an Integrated Marketing Communications Emphasis. Although if these programs fit your interest, WVU’s MBA program may be right for you.

4. Arizona State University

best online MBA programs for 2019-202_ASU

Score: 99.0

Financial Aid: 91%
Average Net Price: $12,947
Retention Rate: 87%
Graduation Rate: 63%
ROI: $407,000

The Carey School of Business at Arizona State University is placed at #6 by US News in the Online MBA Ranking for 2019. This program is also accredited by the Association to Advance Collegiate Schools of Business. The curriculum is unique because students are engrossed in two topics at a time for just about eight weeks. The acceptance rate for ASU is around 61%. The GRE or GMAT is required as part of the application process. Undergraduate GPA and standardized test scores are also important to the application process. Four concentrations are offered here, including Finance, International Business, Marketing, and Supply Chain Management/Logistics. Class sizes are relatively large with the average at 61 students and the maximum at 100 students. Almost 70% of students in this program are male, and the average age is 32 years old. Tuition is a bit higher here than many other universities, at around $1200 per credit. However, you will receive mostly the same experience on campus or online, the curriculum as well as the faculty is mostly the same between both programs.

5. Drexel University

best online MBA programs for 2019-2020_Drexel_University

Score: 98.8

Financial Aid: 99%
Average Net Price: $40,977
Retention Rate: 89%
Graduation Rate: 71%
ROI: $497,000

Drexel University is a private school located in Philadelphia, Pennsylvania. In the US News Online MBA Ranking, Drexel University is ranked number 45. This online MBA program has one of the highest acceptance rates around, accepting approximately 90% of applicants. This program is AACSB accredited and offers six concentrations. These concentrations include Entrepreneurship, Finance, General Management, Health Care Administration, Marketing, and Sports Business. Classes are slightly large at Drexel, with the average around 31 students, however the maximum class size is 35. If you wish you can earn your degree entirely online or abroad and no interaction with on-campus students is required, though it is encouraged. Additionally, students enroll as online students but are permitted to take classes on campus as they choose with no notification or permission needed. Almost all students are employed upon the start of their time with Drexel, and the average age of online MBA students is 33 years old. Tuition per credit hour is $1,300, so the cost of this degree could be an issue here. The curriculum offers a cohort or flexible/self- paced option however, so if need be courses can be completed on your own time.

6. Rochester Institute of Technology

best online MBA programs for 2019-2020_Rochester_Institute_of_Technology

Score: 98.4

Financial Aid: 98%
Average Net Price: $31,376
Retention Rate: 90%
Graduation Rate: 67%
ROI: $453,000

The Rochester Institute of Technology AACSB accredited online MBA program ranks at number 26 on US News Best Online MBA Programs. This private school offers five types of MBA programs Executive Focus, Personal, Applied, Leadership Development focus, and Global. The Executive Focus is for professionals further along in their careers. Personal mimics a smaller school environment with a high touch engagement atmosphere. Applied is a more straightforward experience with an 18- week client capstone course included. The Leadership Development track includes a professional development coach and the curriculum emphasizes leadership. The Global option focuses on international business and finance and includes a client project during an international residency. Tuition is a bit steep for this upstanding university, at $1660 per credit hour. The acceptance rate is around 50%, and all students have prior work experience. The class sizes range from two to 40 students, with the average around 17 students per class. This degree cannot be earned entirely online, classes include campus-based students, and online credits are equal to those earned on campus. The student body is about equally comprised of males and females, 51.1% of students are male. The average student is 39 years old.

7. Southwestern University

best online MBA programs for 2019-2020_Southwestern_University

Score: 94.4

Financial Aid: 98%
Average Net Price: $27,008
Retention Rate: 86%
Graduation Rate: 74%
ROI: $232,000

Southwestern University, located in Texas, specifically Georgetown, is a smaller private Christian university. This university is distinct in that it was the first institution of higher learning in the state of Texas. Southwestern University does not provide an online MBA program, or any master’s programs for that matter. However, they will provide you with a small campus experience to prepare you for the next step in your academic or professional career. With an undergraduate population of under 1,500 students, the acceptance rate is 43, its size doesn’t mean it will take anyone in order to grow. The student-faculty ratio is 11 students to a faculty member, which ensures one on one time and access to your professors. There are no programs that cater to evening classes for working professionals.

8. University of Notre Dame

best online MBA programs for 2019-2020_University_of_Notre_Dame

Score: 94.2

Financial Aid: 67%
Average Net Price: $27,453
Retention Rate: 98%
Graduation Rate: 95%
ROI: $571,000

The Mendoza College of Business at the University of Notre Dame is ranked 26th by US News’ Best Business Schools. Niche.com ranked the school fifth among the 2019 Best Colleges for Business in America. There is no completely online program offered at Notre Dame but they do have an impressive array of other MBA programs. These include a one year accelerated program, the traditional two year MBA, several Executive MBA programs, and options for dual degrees to earn with an MBA. The one year program gives you a close-knit class experience, with a student to faculty ratio of three to one. Also, 75% of these students receive a Fellowship. The two year program is more traditional and provides a focus on business analytics. There is an executive MBA program available at Notre Dame or in Chicago. The school does however skew more than 70% male with regard to the student body. The University of Notre Dame is a great school for business, but does not offer an online option at this time.

9. Auburn University

best online MBA programs for 2019-2020_Auburn_university

Score: 93.4

Financial Aid: 76%
Average Net Price: $22,613
Retention Rate: 92%
Graduation Rate: 77%
ROI: $376,000

Auburn University was ranked number nine by US News for its online MBA program and 76th on the Niche.com rankings for Best Colleges for Business in America. The acceptance rate here is 74% and applicants living abroad are accepted to this public, AACSB accredited school. However only students living in the United States can attend this program, with the exception of United States military personnel. Classes are larger here, with an average size of 54 students and a maximum class size of 140 students. Most of the curriculum is exactly the same online as on campus, and all of the teachers are the same. The majority of students are male, with just over 25% females and the average age of entrants is 30 years old. The Canvas application is used for the online MBA program, to integrate lectures, group work, discussions, and homework. Dual graduate degree options are available through this program in Finance, Industrial and Systems Engineering, and Information Systems.

10. Florida Atlantic University

best online MBA programs for 2019-2020_Florida-Atlantic-University

Score: 93.2

Financial Aid: 82%
Average Net Price: $10,100
Retention Rate: 79%
Graduation Rate: 51%
ROI: $312,000

Florida Atlantic University is ranked number 51 in online BA programs by US News and also AACSB accredited. The College of Business at this university boasts a 23 month long Online MBA Program. This program has the same curriculum and teachers as the in person experience, but is accessible from anywhere. You can apply and earn this degree from abroad, it is not necessary to check in on campus at any time. The student population is about 60:40 male to female ratio, and the average student age entering the program is 31 years old. Tuition is only $800 per credit hour, so this university is also rather affordable. The degree you will end up with is a general MBA, the online MBA also has a specialization in International Business. The entire program including foundation courses is 46 credits total, however those six credit hours may be waived. This program is specifically set up for professionals to complete while continuing their careers.

11. University of Wisconsin – La Crosse

best online MBA programs for 2019-2020_University_Wisconsin_La_Crosse

Score: 93

Financial Aid: 79%
Average Net Price: $13,045
Retention Rate: 83%
Graduation Rate: 71%
ROI: $260,000

This public university MBA program is AACSB accredited and ranked ninth of online MBA programs by US News and World Report. University of Wisconsin – La Crosse does provide a 100% online program. The average class size is 25 students, of which the average age is 31. You can take either the GRE or GMAT to get into the business school. The total cost for this program, which takes from two and a half to three years to complete, is $26,000. This number does not include foundation courses that may be necessary depending upon your undergraduate major. Faculty here is still professionally active, which means they actually know what is going on in the business world today. This degree does not offer concentrations but there are 16 credits of electives to help you personalize your education in that way. If you want a complete online MBA experience with teachers who are also business professionals, this is a good choice.

12. University of New Hampshire

best online MBA programs for 2019-2020_University_New_Hampshire

Score: 93

Financial Aid: 85%
Average Net Price: $22,888
Retention Rate: 86%
Graduation Rate: 78%
ROI: $326,000

The online MBA program at University of New Hampshire, a public AACSB accredited school, is perfect for working professionals. In fact, 96% of students are already employed when they first enroll in this program. The acceptance rate for the University of New Hampshire online MBA program is 94%, ensuring that most qualified applicants are able to enter the program. This program has also been rated number 51 by US News among other MBA programs online. The cost for this program is $910 per credit hour. The student body, along with being mostly employed upon enrollment are about 60% male, and the average age is 34 years old. The average class size for this particular program is 17 students, but the maximum is 40 students. The degree offered by this university is a general MBA degree that can be earned entirely online, or even in another country. However, once you enroll as an online student you are bound to complete the degree online, you can’t switch to on campus. Additionally, the same faculty and curricula is used for both on and off-campus classes, so you can ensure you are getting a great educational experience.

13. University of North Dakota

best online MBA programs for 2019-2020_University_of_North_Dakota

Score: 92.8

Financial Aid: 91%
Average Net Price: $14,478
Retention Rate: 81%
Graduation Rate: 54%
ROI: $361,000

This institution is a public university that is also AACSB accredited. The University of North Dakota online MBA program was ranked number 31 by US News this year. Applicants to this program can be anywhere in the world, and can attain this online MBA degree completely abroad if they choose. The acceptance rate is 88% for the online MBA program. The average entrant to the program is only 30 years old, and is likely male as only 19% of the student population is female. Once a student is enrolled in online classes at the University of North Dakota, they are bound to that form of education. However, all curriculum and faculty are identical for on or off-campus students. This university offers several concentrations to streamline your experience. Outside of the general MBA track, these include Business Analytics, Government and Business, International Business, and Social Entrepreneurship. The MBA program also has a number of goals and objectives for learning. The first goal is that students will be integrated and interdisciplinary thinkers, with objectives of integrating different approaches, methods and practices from various disciplines. Goal two is that students will be effective communicators. The objectives for the second goal include a requirement for students to prepare and deliver a professional presentation and demonstrate effective written communication skills. The final goal of the MBA program at the University of North Dakota is that students will be skilled in critical thinking and decision making using appropriate analytical and quantitative techniques.

14. Prairie View A&M University

best online mba programs for 2019-2020_prairie_view_A&M_university

Score: 92.4

Financial Aid: 95%
Average Net Price: $10,290
Retention Rate: 71%
Graduation Rate: 35%
ROI: $401,000

This public university is AACSB accredited. An MBA degree can be earned entirely online through Prairie View A&M University. The cost is middle of the road for this program at $796 per credit hour. The average class size is 30 students, and the maximum size of classes is 40 students. Collaboration is forbidden between online and on-campus students. However, all of the same curricula and faculty are present in both in-person and online formats. The student body is 60% female and is comprised of 91% minority students. There are no concentrations or specializations so this degree will be a general MBA. This program makes it easy for working professionals to further their education and attain a Master’s degree at their own pace.

15. Brigham Young University – Hawaii

best online mba programs for 2019-2020_BYUH

Score: 92.4

Financial Aid: 92%
Average Net Price: $12,155
Retention Rate: 62%
Graduation Rate: 56%
ROI: $595,000

The online programs at Brigham Young University Hawaii have been mostly replaced with Brigham Young university Pathway Worldwide programs. However, neither of these platforms offer an MBA at this time. BYU Pathway Worldwide does have an Associate in Applied Management as well as a Bachelor’s in Applied Management, as well as several Certificate’s available. Certificate options include Administrative Assistant, Agribusiness, Basic Accounting, Business Administration, Business and Leadership Skills, Commercial Fundamentals, Computer Programming, Computer Support, Construction Field Supervision, Database, Entrepreneurship, Hospitality and Tourism Management, Social Media Marketing, and Web Frontend. Thus, although this option will not help you in obtaining an MBA it can help you get to that point.

16. Boise State University

best online mba programs for 2019-2020_Boise_state_university

Score: 92

Financial Aid: 94%
Average Net Price: $13,363
Retention Rate: 80%
Graduation Rate: 44%
ROI: $286,000

The MBA Program at this AACSB accredited, public university can be attained 100% online and abroad. Boise State University was ranked at number 40 for their online MBA program by US News. US News also ranked this institution among the Most Innovative Schools in the United States in 2018. Boise State is accessible to attend as well, with a 91% acceptance rate and a cost of only $750 per credit hour. The online and on-campus students are in separate classes, but the curricula is mostly the same for both tracks. The average class size is a bit large at 34 students per class. The student body is comprised of mostly males, 73% in fact and 98% of students are employed when they enroll in this program. The average student age is 34 years old. Boise State University only offers the general MBA degree, there are no specializations or concentrations. However, the high acceptance rate, relatively low price, and US News rankings of the school make this an attractive program.

17. Colorado State University-Fort Collins

best online mba programs for 2019-2020_Colorado_State_University_Fort_Collins

Score: 91.8

Financial Aid: 80%
Average Net Price: $17,191
Retention Rate: 82%
Graduation Rate: 69%
ROI: $370,000

Located in Fort Collins, Colorado, Colorado State University provides an AACSB accredited MBA experience that can be entirely online. Additionally, this public university was among the 2019 Best Colleges for Business in America and ranked one of the top MBA programs available online by US News. Because you can earn this degree entirely online your location foes not matter, and you can be admitted while living outside of the United States. Most students have prior work experience before enrolling at Colorado State, and continue to work throughout the program. The student body is about evenly male and female with slightly more men. The average age of an entrant to this MBA program is 34 years old. The acceptance rate for this program is 87% making it a bit competitive to be admitted. The cost is $974 per credit. Class sizes here are both averaged and maxed out at 35 students, so if you are looking for small classes this might not be the place for you. Other than the general MBA degree there is a specialization in Marketing and Data Analytics available.

18. Ball State University

best online mba programs for 2019-2020_Ball_State_University

Score: 91.6

Financial Aid: 90%
Average Net Price: $13,535
Retention Rate: 78%
Graduation Rate: 62%
ROI: $281,000

Ball State University is ranked highly by US News as one of the top MBA programs online, sitting at number 13. This public university is also AACSB accredited, and offers an MBA degree completed completely online. This means that you can also complete this program while abroad, no on-campus interaction is necessary. Ball State has a 63% acceptance rate and only costs $616 per credit hour so gaining admittance to this school can be competitive. The curriculum and faculty are identical for on-campus and online students, so you will be getting a top of the line education. The student body is young, average age of entrants is 28 years old, and slightly more male than female at 63% male. The average class size is a bit large at 32 students, but the maximum size is listed at 40 students, so the classes don’t get too large. There are a variety of concentrations offered in addition to the General MBA, including: Entrepreneurship, Finance, Health, Economics, Policy, and Administration, Supply Chain Management and Logistics, and Sales Management. Also, if you are not ready for the full MBA experience certificates are available in Business Essentials for Professionals, Professional Sales Management, or Health, Economics, Policy, and Administration.

19. Emmanuel College – Massachusetts

best online mba programs for 2019-2020_Emmanuel_College

Score: 91.4

Financial Aid: 100%
Average Net Price: $31,448
Retention Rate: 78%
Graduation Rate: 66%
ROI: $245,000

Emmanuel College is a private Roman Catholic institution located in an urban setting in Boston, Massachusetts. The location of this institution is one of the main features, it is situated near Fenway Park and easily accessible via public transportation. The Master’s program is not an MBA, but a Master of Science in either Management, Human Resources Management, or Research Administration. They also offer a six course Graduate Certificate in Leadership and Management, Human Resource Management, or Research Administration. Depending on your career goals, this can offer an interesting alternative to the traditional MBA. This program offers some online classes, but mostly is not a full online degree. However, if you wish to achieve a Master’s of Science in Management with specialization in Research Administration or a Graduate Certificate in Research Administration, you may complete the coursework fully online. This program is focused on a global perspective concentrating on management and real-world experience. If you live, or you want to live, in Boston this is a good option for furthering your education.

20. Wayne State College

best online mba programs for 2019-2020_Wayne_State_College

Score: 90.8

Financial Aid: 95%
Average Net Price: $12,626
Retention Rate: 69%
Graduation Rate: 51%
ROI: $308,000

Wayne State College is located in Wayne, Nebraska. If you have no intention of living or working in Nebraska though, don’t worry. The MBA through Wayne State is able to be earned completely online, so you can be anywhere in the United States, or around the world. This public school is accredited by the International Accreditation Council for Business Education (IACBE). Additionally, the online MBA program was also listed among the best online programs to earn your MBA by US News. This school is also highly affordable. It costs only $361 per credit hour for the online program. Wayne State currently only offers a general MBA degree with no specializations or concentrations. However, there is also an MBA for Business Educators program available. This program is designed for secondary level teachers to enhance their instructional experience with 18 credit hours of business coursework.

21. Robert Morris University

best online mba programs for 2019-2020_Robert_morris_university

Score: 90.4

Financial Aid: 96%
Average Net Price: $25,645
Retention Rate: 81%
Graduation Rate: 61%
ROI: $214,000

This AACSB accredited private university is located on the outskirts of Pittsburgh in Pennsylvania in a town called Moon Township. The MBA program at Robert Morris University requires 30 credit hours. This program also features team teaching in every class to reinforce the interaction between management, finance, marketing, etc. in business. There is a fully online program available and specialized online certificates can also be earned separately or as a part of the MBA. Certificates available to be earned are in Business Analytics, Project Management, and Supply Chain Management and Logistics. US News ranked this online MBA program tied at number 73. The same curriculum is used for the online program as for the on-campus program, and both are team-taught by experienced faculty. Tuition is affordable for this program at under $1,000 per credit hour. The acceptance rate for the MBA program at Robert Morris is 84%, and they do accept applicants living abroad. The degree may also be earned while the student is entirely abroad. The average class size is 17 students with the maximum size at only 20 students. The average age of students is 30 years old, and only 11% are employed upon entering the program. The minority of students in this program are female, with just under 70% male students. If you are living or working abroad or prefer a small school experience close to a city, Robert Morris may work for you.

22. Northwest Nazarene University

best online mba programs for 2019-2020_Northwest_nazarene_university

Score: 90.2

Financial Aid: 100%
Average Net Price: $19,204
Retention Rate: 79%
Graduation Rate: 56%
ROI: $135,000

The online MBA program offered by Northwest Nazarene University is recognized by U.S. News and World Report on its list of top online MBA programs. Featuring a business program accredited by the Accreditation Council for Business Schools and Programs, NNU has been ranked by Niche.com at number sixty-one on its list of the best Christian colleges in America. Western Nazarene University offers an online Master of Business Administration program featuring concentrations in General Business, Accounting, and Healthcare. The MBA in General Business may be completed in as little as sixteen months. MBA programs emphasizing Healthcare and Accounting may be completed in as few as eighteen months. Tuition for the program is $595 per credit hour. Designed for flexibility, the online MBA program at NNU features a rolling application deadline. For added convenience, the program is divided into eight-week sessions.

23. West Chester University

best online mba programs for 2019-2020_west_chester_university_of_Penn.

Score: 90.0

Financial Aid: 80%
Average Net Price: $19,348
Retention Rate: 85%
Graduation Rate: 73%
ROI: $257,000

West Chester University offers an entirely online MBA experience for $526 per credit hour. SO even if you are living abroad, you can be admitted and earn the degree without ever stepping foot in West Chester, Pennsylvania. The acceptance rate for this AACSB accredited program is 79% and almost all students, about 98%, have prior work experience. This program was also ranked 58th by US News among the best MBA programs available online. The average and the maximum class size is the same at 29 students. Students generally enroll at the age of 31 and are 61% male. The degree is a general MBA, with no concentrations or specializations available. The target duration of the program is one and one-half years, however usually this degree is earned over two years. If you want to take it slow however, West Chester University won’t let you slow down too much. They dictate that you must earn a degree within three years of enrollment.

24. Murray State University

best online mba programs for 2019-2020_Murray_state_university

Score: 89.6

Financial Aid: 94%
Average Net Price: $11,562
Retention Rate: 77%
Graduation Rate: 49%
ROI: $164,000

The Murray State University MBA program is AACSB accredited and has been continually accredited since 1981. This is a public university that offers a fully online MBA program. This program lasts only 18 months and will cost around $20,000 to complete. This makes the Murray State University online MBA program among the most affordable. The online program also allows you to complete classes if you are not based in the United States. This makes the program extremely military friendly. The Murray State MBA offers 7 concentrations 100% online:  business analytics, economic development, finance, human resource management, healthcare administration, global communications, and marketing. Murray State University is a good program for an MBA degree, particularly if you are traveling abroad or unsure where you will be within the next two years while completing this program.

25. Texas State University

best online mba programs for 2019-2020_Texas_State_University

Score: 88.8

Financial Aid: 81%
Average Net Price: $13,579
Retention Rate: 78%
Graduation Rate: 54%
ROI: $308,000

The McCoy College of Business Administration at Texas State University offers both a full-time MBA and a Flex MBA program. Within the Flex MBA program, which can be completed completely online, students can also choose an emphasis to further their experience and expertise. These emphases include Computer Information Systems, Engineering Technology, Health Administration, Human Resource Management, and International Business. The average time taken to complete this degree at the AACSB accredited McCoy College of Business is around 28 months. The cost for a Texas resident to procure this degree is just around $25,000.

26. Walsh University

best online mba programs for 2019-2020_walsh_university

Score: 88.8

Financial Aid: 100%
Average Net Price: $19,417
Retention Rate: 74%
Graduation Rate: 61%
ROI: $187,000

This school is a private Catholic university that offers a completely online MBA experience. The acceptance rate is 90%, so if you meet the qualifications to apply, it is very likely that you will get into this school. Applicants are admitted while living abroad and the entire program can be completed online. The student base is divided fairly evenly between males and females. Classes max out at 20 students, but the average size is closer to 13 students per class. There are three specialties available for the online program, including Marketing, Healthcare Management, and Management. Walsh University also offers accelerated programs so you could potentially earn your MBA in as little as a year’s time. There is little to no collaboration between online and on-campus students, the courses are separate. The rolling application deadline and low cost of this degree make it accessible for many people. The cost is only $705 per credit hour, and you only need between 36 and 42 credits to complete the degree.

27. Southeast Missouri State University

best online mba programs for 2019-2020_Southeast_Missouri_State

Score: 88.6

Financial Aid: 96%
Average Net Price: $12,165
Retention Rate: 75%
Graduation Rate: 52%
ROI: $133,000

This AACSB accredited, public university provides a fully online MBA program, taught by the same professors as the on-campus classes. Southeast Missouri State University is highly affordable. Tuition is under $400 per credit hour. Additionally, US News ranked the university at 109 as one of the top online programs to earn an MBA. Applicants living abroad can be admitted to this program, and since you are able to earn the degree entirely online, you can earn the degree abroad as well. If you have the credentials, chances are you will get accepted to this school, the acceptance rate is 88%. There are three programs offered for the Master of Business Administration: General Management, Health Administration, and Sport Management. The class sizes average around 21 students, but max out at 25 students. Collaboration is encouraged between online and on-campus students, but it is not mandatory. Online classes may however include campus-based students. Additionally, you must enroll as an online student if you choose, but you can switch to the campus-based program if you wish. The student body is overwhelmingly male, only about 30% female, and the average age is 33 years old. For a completely online experience no matter where you are, Southeast Missouri State University is a solid choice.

28. University of Nebraska at Omaha

best online mba programs for 2019-2020_University_of_Nebraska_at_Omaha

Score: 88.2

Financial Aid: 88%
Average Net Price: $11,727
Retention Rate: 76%
Graduation Rate: 47%
ROI: $286,000

The University of Nebraska at Omaha business program is AACSB accredited and internationally recognized. This program is designed for working professionals and it includes a flexible schedule, small and interactive classes, full and part-time completion options, et cetera. There are several concentration options including Business Analytics, Business Technology, Collaboration Science, Healthcare Management, Human Resource Management, International Business, Investment Science, Risk Management, Supply Chain Management, and Sustainability. There are a total of 33 credit hours required, nine of which are comprised of elective courses. There is also an MBA Leadership Seminar Series that students are required to participate in at least twice prior to graduation. This series allows students the opportunity to interact with and learn from top executives and leaders in the area. There is also a capstone course requirement where students must complete an integrative applied project for a real organization. Dual degrees and certificates are also available, as well as a graduate minor in Business Administration. Dual degree options are MBA and Master of Public Health, MBA and Masters of Science in Management Information Systems, MBA and Pharmacy Doctorate, and MBA and Medical Doctorate. Available certificates include Business for Bioscientists, Business in Health Administration, and Human Resources and Training.

29. University of Wisconsin – Whitewater

best online mba programs for 2019-2020_University_of_Wisconsin_Whitewater

Score: 88.2

Financial Aid: 77%
Average Net Price: $12,422
Retention Rate: 78%
Graduation Rate: 62%
ROI: $220,000

The online MBA program at University of Wisconsin Whitewater, a public and AACSB accredited university, is ranked 21st by US News among the best of similar programs. This degree is able to be earned entirely online or abroad and costs $638 per credit hour. Most students have prior work experience and are employed upon entrance to this program. The acceptance rate is 73% for this online MBA program and the average age of entrants is 29 years old. Once you are accepted to the online program you are bound to it, you cannot change to on campus classes. Classes are large at this school, with an average of 39 students per class and a maximum of 65 students. However, the same faculty teach online and on-campus and the curricula is also all identical. This university offers a plethora of emphases including Data Analytics, Environmental Health and Safety, Finance, Human Resources Management, Information Technology Management, International Business, Management, Marketing, Project Management, Supply Chain Management, or a personally customized option.

30. Cornerstone University

best online mba programs for 2019-2020_Cornerstone_University

Score: 86.4

Financial Aid: 100%
Average Net Price: $20,475
Retention Rate: 77%
Graduation Rate: 53%
ROI: $119,000

This private institution is located in Michigan and teaches from a “Christ-centered worldview.” Here you can earn your MBA completely online or on campus, but you cannot switch once you choose one of these options. Collaboration is not encouraged between online and on-campus students, but the curriculum for both is mostly identical. Classes average at only eight students per class, with the maximum around 20 students. The student population tips slightly more female (53% of students are female) and the average entrant to the MBA program is 34 years old. Cornerstone University was among the Best Colleges for Business in America according to niche.com. The acceptance rate is 89%, so if you meet the minimum requirements, there is a good chance you will be admitted to this online program. The cost for each credit hour is relatively low at $565 or $1895 per course. This program offers four specializations for students to choose to concentrate: Finance, Global Business, Health Care, and Project Management. If your worldview lines up with Cornerstone University, and you are looking for a small university experience, this is a good choice for your situation.

31. Georgia Southern University

best online mba programs for 2019-2020_Georgia_Southern_university

Score: 86.2

Financial Aid: 90%
Average Net Price: $16,264
Retention Rate: 79%
Graduation Rate: 50%
ROI: $227,000

This public university was ranked 66th among the best MBA programs online. The Georgia Southern University MBA is AACSB accredited as well as regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). The online MBA is rather affordable at $22,170 for the complete degree in addition to a fee each semester of $290 and a one- time orientation fee of $700. The degree can be obtained almost entirely online, with the exception of attendance at orientation which takes place in Atlanta. This program has an acceptance rate of 91% of students. The average student is 34 years old and 59% male. Classes are generally limited to 24 students, however the maximum allowed is 40 students. Online and on-campus students are completely separate, however they do share the same faculty and almost identical curricula. The program will take 21 months, just under two years, to complete as it only consists of 30 credit hours total. This is a general MBA, but is still a great way to further your education.

32. Columbus State University

best online mba programs for 2019-2020_Columbus_State_University

Score: 85.8

Financial Aid: 93%
Average Net Price: $11,334
Retention Rate: 76%
Graduation Rate: 33%
ROI: $182,000

Columbus State University is a public university and the Turner College of Business is AACSB accredited. The online MBA program here was ranked among the best by US News. The acceptance rate for this program is 86%, and most of these entrants, almost 90%, are already employed. This MBA is earned entirely online, with the exception of in-person orientation which must be attended at the beginning of either the spring or fall semesters. The average class size is 5 students, but that number can grow substantially to a maximum of 30 students. The average student in this program is only 29 years old. The student body is about 75% minority and split just about evenly between males and females. Cost for this program is below the national average at $739 per credit hour. Though all faculty teach both online and on-campus collaboration between online and campus students is forbidden. The curriculum is mostly the same online as it is on campus, but there are some differences.

33. Frostburg State University

best online mba programs for 2019-2020_Frostburg_State_University

Score: 85.8

Financial Aid: 90%
Average Net Price: $13,489
Retention Rate: 74%
Graduation Rate: 49%
ROI: $249,000

Frostburg State University’s online Master of Business Administration program ranks one-hundred-thirty-first on this year’s U.S. News and World Report list of the best online MBA programs. Offering concentrations in Business Analytics, Health Care Management, and Management, Frostburg State University School of Business’s online MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB.) GetEducated.com has recognized Frostburg State’s online MBA as a “best buy among AACSB online programs.” The online MBA program requires thirty-six credit hours which may be earned at a part-time or full-time pace. Courses follow a flexible, seven-week model allowing for six sessions per year. New students may begin their online MBA journey during any of these six sessions. The program, which can be completed within one year if attended full time, provides a solid foundation upon which students may advance their management careers. Tuition for FSU’s online MBA program is five-hundred-fifty-seven dollars per credit hour for out of state students.

34. Missouri State University – Springfield

best online mba programs for 2019-2020_Missouri_State_University_Springfield

Score: 85.8

Financial Aid: 90%
Average Net Price: $15,173
Retention Rate: 77%
Graduation Rate: 55%
ROI: $204,000

Missouri State University – Springfield has one of the largest public colleges of business in the Midwest. Applicants enjoy an 85% acceptance rate to the online MBA program, which is referred to as the Evening Program by this university. They offer a traditional program, an accelerated program, and an evening program where you can schedule in-person classes on campus or complete the degree entirely online. Only 33 credit hours total are required for this degree. There are a number of Graduate Certificates available through the College of Business, which most students complete as the elective portion of this degree. Graduate Certificates available are Computer Information Systems, Cybersecurity, Data Analytics, Entrepreneurship, Finance, Financial Analysis, Forensic Accounting, International Business, Leadership, Management, Marketing, and Tax Accounting. The online degree cost is quite affordable at only $11,220 total.

35. Florida Gulf Coast University

best online mba programs for 2019-2020_Florida_Gulf_Coast_University

Score: 85.2

Financial Aid: 72%
Average Net Price: $13,456
Retention Rate: 79%
Graduation Rate: 48%
ROI: $255,000

Opened in 1997 and situated between the Everglades and the Gulf Coast, Florida Gulf Coast University earned its AACSB accreditation in only two years. Ranked number seventy-eight in U.S. News and World Report‘s 2019 list of Top Regional Universities South, Florida Gulf Coast offers an online Master of Business Administration program that emphasizes critical thinking and the application of business analytics to real-world situations. The online MBA program offered by FGCU’s Lutgert College of Business offers a variety of concentrations, including Accounting/Taxation, Data Analytics, Entrepreneurship, Information Systems, and Management/Leadership. Successful program completion requires thirty-three credit hours of study. Tuition is $1300.66 per credit hour for out of state students. Niche.com ranks Florida Gulf Coast University’s Lutgert College as number two-hundred-eighty-six on its list of best business schools in America.

36. Louisiana State University – Shreveport

best online mba programs for 2019-2020_Louisiana_State_University_Shreveport

Score: 84.6

Financial Aid: 95%
Average Net Price: $9,393
Retention Rate: 64%
Graduation Rate: 30%
ROI: $154,000

The Business program at Louisiana State University – Shreveport is ranked among the top business programs in America according to US News. It is also AACSB accredited. This fully online experience is very low cost at under $13,000 for tuition for the entire program, or about $350 per credit hour. This degree can also be completed in as little as ten months, with a total of 30 credit hours needed. This public university also provides many options for concentrations to go along with the MBA. Available concentrations include Data Analytics, Entrepreneurship and Family Enterprise, Finance, Hospitality and Casino Management, Human Resource Management, International Business, Marketing, Project Management, and Non Profit Administration. The myriad of options for emphases coupled with the low cost of this school means that this is a great online option. Louisiana State also has a quick turn around from your application to start date. For example, an applicant submitting their application on April, 22nd could begin classes as soon as May 13th of the same year.

37. Jacksonville State University

best online mba programs for 2019-2020_Jacksonville_State_University

Score: 84.2

Financial Aid: 93%
Average Net Price: $11,939
Retention Rate: 74%
Graduation Rate: 37%
ROI: $149,000

The School of Business and Industry at Jacksonville State University has been recognized by the Princeton Review as one of the “best business schools” in the United States. JSU’s online Master of Business Administration program, which ranks one-hundred-forty-seven on U.S. News and World Report‘s 2019 list of top online MBA programs, offers concentrations in both General Business and Accounting. The program focuses on the fundamentals of business administration, international business, and business technologies. The School of Business and Industry at JSU is accredited by the Association to Advance Collegiate Schools of Business and boasts one of the lowest tuitions offered by an AACSB accredited institution. Successful completion of FSU’s online MBA program requires thirty credit hours of study (thirty-three credit hours for the degree with a concentration in accounting.) Additionally, twenty-four credit hours in foundation courses may be necessary. Tuition is $382 per credit hour for out of state students.

38. Franklin Pierce University

best online mba programs for 2019-2020_franklin_pierce_university

Score: 84.2

Financial Aid: 100%
Average Net Price: $26,673
Retention Rate: 70%
Graduation Rate: 49%
ROI: $194,000

Established in 1963 and recognized as a University in 2007, Franklin Pierce University ranks number one-hundred-sixty-eight on U.S. News and World Report‘s 2019 list of Best Online MBA Programs. Franklin Pierce University’s College of Graduate and Professional Studies is accredited by the International Accreditation Council for Business Education (IACBE.) The programs emphasize leadership, analytics and decision making skills. In addition to more common concentrations such as Information Technology, Human Resource Management, and Leadership, Franklin Pierce offers online Master of Business Administration programs emphasizing Energy and Sustainability, Health Administration, and Sports Management. All online MBA programs feature rolling application deadlines. As FPU is a private University, program tuition of $665 per credit hour is the same for residents as it is for non-residents of New Hampshire.

39. Southern Arkansas University

best online mba programs for 2019-2020_southern_arkansas_university

Score: 83.0

Financial Aid: 98%
Average Net Price: $12,333
Retention Rate: 66%
Graduation Rate: 36%
ROI: $91,100

The AACSB accredited Rankin College of Business at Southern Arkansas University shares the numbers two-hundred-fifteen through two-hundred-eighty-four placements on U.S. News and World Report‘s list of 2019’s best online MBA programs. SAU’s Online Master of Business Administration program features concentrations in General Business, Agriculture Business, Social Entrepreneurship, and Supply Chain Management. Perspectives on social, legal, political, ethical, regulatory, and environmental issues are all emphasized within each MBA program. Thirty credit hours of study are required to earn an online MBA from Southern Arkansas University. It is possible to complete the course of study in two years, depending on course-load per semester. Tuition for the entire program is $14,010 for out of state students, $9960 for residents of Arkansas, making the Rankin College one of the less-costly AACSB accredited business schools.

40. West Texas A&M University

best online mba programs for 2019-2020_West_Texas_A&M

Score: 83.0

Financial Aid: 94%
Average Net Price: $13,606
Retention Rate: 64%
Graduation Rate: 41%
ROI: $236,000

Ranking an impressive number forty-five on U.S. News and World Report‘s 2019 list of best online MBA programs, the Paul and Virginia Engler College of Business at West Texas A&M University holds a host of additional accolades. Named by the Princeton Review as one of the “Top 25 Online MBA Programs,” the Paul and Virginia Engler College of Business’ MBA in Marketing has been recognized by Online U as the “#6 Most Affordable Graduate Marketing Degree” for 2019. Niche.com ranks WTAMU number Two-hundred-eighteen on its list of top public universities in America.  The University’s College of Business is accredited by the AACSB. Successful completion of the programs requires between thirty-one and forty-six credit hours. Tuition for out of state students is $410 per credit hour and the application deadline is rolling.

41. Emporia State University

best online programs for 2019-2020_emporia_state_university

Score: 83.0

Financial Aid: 95%
Average Net Price: $14,013
Retention Rate: 73%
Graduation Rate: 45%
ROI: $132,000

Having been established in 1863 and bearing the distinction of being Kansas’ first institution of higher learning, Emporia State University also boasts an AACSB accredited School of Business. Niche.com places Emporia State University as number sixty-three on its list of best colleges for education in America and number one-hundred-seven on its list of top public universities. Recognized by Affordable Colleges Online as being among the top twenty business schools nationally, ESU offers online MBA programs with concentrations in General Business, Marketing, Accounting, and Information Technologies. The programs emphasize analytical skills and financial management. Completion of the online Masters of Business Administration requires thirty-three credit hours of study taken during accelerated seven-week courses. Program tuition is $11,550 and coursework may be completed in as little as one year.

42. Southern Illinois University – Carbondale

best online programs for 2019-2020_Southern_Illinois_University_Carbondale

Score: 82.2

Financial Aid: 92%
Average Net Price: $16,431
Retention Rate: 67%
Graduation Rate: 40%
ROI: $285,000

Niche.com places Southern Illinois University Carbondale number Two-hundred-forty-eight on its list of the best colleges for accounting and finance in America. The online Master of Business Administration program offered by Southern Illinois University’s School of Business is ranked number fifty-eight on this year’s U.S. News and World Report list of top online MBA programs. SIU’s School of Business, which is accredited by the AACSB, offers MBA degree programs with concentrations in General Business, Agribusiness Economics, and Analytics for Managers. Many of the online instructors are the same who teach the more traditional master-level business classes at SIU. Successful completion of the program requires forty-two credit hours of online study. The program generally takes about two years (twenty-three months) to complete. Tuition for SIU’s online MBA program is $854 per credit hour for out of state students.

43. University of West Georgia

best online colleges_ University_of_West_Georgia

Score: 81.8

Financial Aid: 94%
Average Net Price: $14,351
Retention Rate: 72%
Graduation Rate: 40%
ROI: $153,000

The Richards College of Business at the University of West Georgia boasts an online MBA program that U.S. News and World Report have ranked number ninety on their current list of best online MBA programs. Accredited by the Association for the Advancement of Collegiate Business Schools, UWG’s Richards School of Business costs $739 per credit hour for out of state students. In addition to an emphasis in General Business, UWG offers program concentrations in Cyber-Security, Business Intelligence, Digital Marketing, and Sales/Consumer Research. It should be noted that acceptance into UWG’s online Master of Business Administration program requires attendance at a two-day orientation. Following this, all coursework may be completed online. UWG’s online MBA program is comprised of ten courses taken over five consecutive semesters. Program completion generally takes eighteen months. Niche.com counts the University of West Georgia among the colleges with the best academics in America

44. Cleveland State University

best online colleges_Cleveland_State_University

Score: 81.4

Financial Aid: 89%
Average Net Price: $15,320
Retention Rate: 70%
Graduation Rate: 43%
ROI: $260,000

Niche.com lists Cleveland State University as number two-seventy-five on its list of top public universities in America. Bearing the distinction of being among the first accelerated one-year MBA programs to be accredited by the AACSB, the online Master of Business Administration program offered by Cleveland State University’s Monte Ahuja College of Business ranks number ninety on U.S. News and World Report‘s current list of best online MBA programs. Online MBA Report 2019 listed CSU as number eighteen on its list of top online MBA programs in the Midwest. Successful completion of CSU’s online MBA program requires between thirty-two and thirty-four credits, depending on electives chosen. The all-inclusive tuition for Cleveland State’s online MBA program is $35,989 and includes access to ebooks and other online research and study materials.

45. Campbellsville University

best online mba programs for 2019-2020_Campbellsville_University

Score: 74.8

Financial Aid: 90%
Average Net Price: $16,523
Retention Rate: 66%
Graduation Rate: 34%
ROI: $-65,100

The Master of Business program at Campbellsville University provides a solid foundation in the fundamentals of business administration while reinforcing the integration of Christian values. Offering a wide range of concentrations, Campbellsville University’s online MBA program currently ranks number one-hundred-fifty-three on U.S. News and World Report‘s list of best online MBA programs. As Campbell University is a private school, tuition for the online program ($479 per credit)is the same for in-state as it is for out-of-state students. CU’s School of Business offers online MBA programs with concentrations in Accounting, Human Resource Management, Marketing, Information Technology, International Business, Healthcare Management, and Church Management. Campbellsville University’s online Master of Business Administration degree programs are accredited by the International Assembly of Collegiate Business Education (IACBE) and the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC.)

Resources

Individual School websites
https://www.usnews.com/education/online-education/mba/rankings
https://www.niche.com/colleges/rankings/

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