The Guide to Online Masters in Business Administration (MBA) Programs

The Master of Business Administration, or as it’s commonly called MBA, is a graduate degree achieved at a university or college that provides theoretical and practical training to help graduates gain a better understanding of general business functions. An MBA can include a variety of specialties or focuses such as accounting, financial management, and business analytics. Central to any traditional MBA program are key lessons in managing a business or business function and a broad curriculum designed to prepare graduates to be effective leaders within their field.

It’s common for busy working professionals to wish to earn an MBA in order to gain further expertise in business and advance their career. In many cases the most efficient way for these professionals to gain a graduate degree without having to pause their job and sacrifice income is to enroll in an online MBA program. Fortunately, as we continue to advance modern technologies, MBA programs that can be completed entirely online are becoming much more prevalent and abundant.

University of Miami’s online MBA. No GMAT is req.

University of Miami’s online MBA prepares students to transform global business. No GMAT required.

  • Accredited by the AACSB
  • The traditional MBA program can be completed in as few as 20 months
  • The accelerated MBA track can be completed in as few as 16 months
  • No GMAT required to apply

info SPONSORED

The Online MBA from Rice Business

MBA@Rice, the online MBA program from Rice Business, helps aspiring business leaders rethink their approach to finding innovative solutions to modern business challenges.

  • Complete in 24 months
  • Small school, big ideas
  • Join a tight-knit community of bold, entrprenuerial thinkers

info SPONSORED

The Online MBA from the University of California, Davis

The online MBA from UC Davis brings a culture of collaboration and Silicon Valley connections to students worldwide. Earn your MBA in as few as 24 months. 

  • The Graduate School of Management at UC Davis is AACSB accredited
  • Students can complete the program in as few as 24 months
  • Combine business with data in a STEM-designated online MBA

info SPONSORED

UNC Kenan-Flagler Business School – Online MBA

Kenan-Flagler Business School is STEM-designated and prepares professionals to lead in an evolving business landscape. GMAT waivers are available. 

  • Complete in as few as 18 months  
  • GMAT waivers for experienced professionals  
  • 25+ electives available across five concentrations 

info SPONSORED

The Online MBA From Syracuse University

Skip the GMAT and earn a world-class MBA online from Syracuse University’s AACSB-accredited Martin J. Whitman School of Management. The program features a rigorous curriculum with six career-focused specializations.

  • As few as 24 months to complete 
  • No GMAT required to apply 
  • Six concentrations available 
  • AACSB accredited

info SPONSORED

Pepperdine Graziadio Business School – Online MBA

In as few as 20 months, students can earn their MBA online from Pepperdine’s AACSB-accredited Graziadio Business School and become part of Graziadio’s engaged network of over 40,000 alumni dedicated to ethical business strategy. Scholarships available.

  • GMAT not required to apply
  • AACSB-accredited
  • Complete in as few as 20 months

info SPONSORED

Master of Business Administration from Boston University 100% Online・Affordable・Complete in 24 months

The Online MBA from Boston University’s Questrom School of Business is a highly engaging, digitally delivered program designed for ambitious global business leaders. Accessibly priced, the program can be completed 100% online in as few as 24 months. Become part of a learning community that includes outstanding faculty, a global network of talented peers, 50,000+ Questrom alumni from 147+ countries, and 330,000+ Boston University alumni.

  • 100% Online
  • Affordable
  • Complete in as few as 24 months

info SPONSORED

Why Should You Get an MBA Online?

There are many reasons one might consider getting an online MBA degree, from enhancing their earning potential to gaining a speciality in a new field. One of the great things about MBA programs is the versatility in both coursework and career opportunities that they offer.

A Master of Business Administration traditionally prepares graduates to pursue careers in the private sector in fields such as finance, marketing, and management. Some students equipped with an MBA, however, opt to use their newfound skills to tackle philanthropic or social issues, such as education reform, by working in the public and nonprofit sectors. Some of the skills one develops in an MBA program, such as leadership and public speaking, are universal and can be applied to a broad range of careers.

Finding The Best Online MBA Program For You

In searching through the many MBA online programs that exist across the country, it’s important to weigh a variety of factors in determining which program best suits your needs. A few main points to consider are GMAT and standardized testing requirements, the accreditation status of the program, and the length of time the MBA program takes to complete. Below are a few sponsored online MBA programs that might be a great fit for working professionals across the country.

Online MBA Program Admissions Requirements

Before you begin the MBA application process, be sure to contact the accredited institutions you are interested in for information about any prerequisites you may need to fulfill before applying to business school. The majority of comprehensive MBA programs will ask you to submit the following items in order to be considered for admittance:

MBA Application

Fill out an initial application, which you can find on the website of the accredited institution of your choice. Although paper forms are generally accepted, many institutions have switched to online applications as the preferred method.

Test Scores: GMAT or GRE

MBA programs have historically preferred to either receive an applicant’s GMAT scores or GRE scores. These tests can be taken, for a fee, at various points throughout the year. Some institutions include a GMAT/GRE waiver if the applicant in question has enough professional work experience.

Transcripts

Request transcripts from your bachelor university and any other attended institutions before the application deadline, and upload one official copy of each transcript to reflect your academic record.

Professional Work History

Include any relevant work experience in business.

Also to be included are:

  • Resume/CV: Upload a copy of your most recent resume or curriculum vitae as part of your application.
  • Application Fee: Submit your letters of recommendation. The number of letters required varies with each school. Be sure to request them well in advance of the deadline.

Essay/Personal Statement

Write a personal statement, which is typically in the form of an essay. You may be required to submit multiple essays to fully express the intent and purpose of your application. Below are some common topics that should be mentioned in a statement:

  • Your main academic and personal interests
  • Experiences in school or work that have helped to prepare you for this course of study
  • Why you wish to study for the degree you’ve chosen
  • Why you wish to study at the university
  • Your plans for the future after you earn your degree

Note: Some additional measures are needed for international students. If you are from a country outside of the United States, check with your chosen school/schools to see what is needed from you.

Online MBA Program Curriculum

The curriculum and how many credits are required to graduate vary greatly depending on the school and whether or not you have a specialization. The number of required credits in most standard MBA programs usually falls between 48 and 62 credit hours, though some executive MBA programs can be completed sooner. Typical MBA coursework includes courses in:

Online MBA Program Concentrations

One of the best things about masters in business administration degree programs is how highly customizable they are. There are numerous MBA concentrations that exist so that people can tailor their degree specifically to their business interest. Below are brief descriptions of just a few of the many MBA concentrations that are available to students – in both on-campus and online masters in business programs.

Finance:

Students in MBA programs focused in finance learn how to analyze financial data to inform business decisions and assist executives in carrying out internal processes.

Marketing:

Students in marketing MBA programs might learn how to create a marketing plan, manage and analyze marketing campaigns, and implement promotional plans for a company.

Business Analytics:

Students in analytics MBA programs will gain valuable insight into quantitative processes and analytics tools employed by corporations to forecast trends and influence strategy.

Corporate Strategy:

Although more general than other concentrations, MBA programs focused on strategy carry meaningful lessons in long term planning, operational management, and vision mapping.

Entrepreneurship:

MBA entrepreneurship programs tailored towards those with an entrepreneurial spirit focus on all the intricacies of getting a business idea off the ground: from funding to marketing to scalability.

Project Management:

MBA students focused on project management learn how to lead a project from start to finish and are specifically equipped with leadership and delegation skills from their coursework.

What Can You Do With An Online MBA Degree?

Recent graduates of MBA programs have a wide variety of career options to choose from. Below are just a few of the typical careers (and their average salaries according to Bureau of Labor Statistics 2019 data) that students enter into upon graduation:

Although the careers outlined above are common jobs for MBA graduates, one of the best things about the degree is the freedom it grants you. Graduates can also pursue options that marry a love of business with a love of something else like philanthropy or education. Discover whether an MBA career is right for you.

Online MBA Programs to Consider

Teach.com has compiled a list of online masters in business administration programs from across the United States and has included information about their testing (GMAT or GRE) requirements, their accreditation status, and the length of time they take to complete. Look through them carefully before determining which is the best online MBA for you!

Information last updated May 2020