I understand that finding the best online MBA programs could be stressful.
Not finding the best results after visiting numerous blogs may also be painful.
But don’t panic, because I’ve compiled the best online MBA programs with concise explanations for you.
Graduates of the best online MBA programs have many career opportunities and higher-than-average salary potential.
However, the degree increases a professional’s earning potential and job prospects.
The Bureau of Labor Statistics (BLS) found that in 2013, business leaders with a master’s degree earned substantially more than their colleagues with only a bachelor’s degree.
For example, professionals with a master’s degree who worked in securities, commodities, and financial services earned median annual wages of $170,000.
While professionals with just a bachelor’s degree earned $90,000.
What Is an MBA?
A Master of Business Administration is a graduate degree focusing on business administration and investment management.
Courses cover topics like:
- leading and managing
- Using analytical tools for decision-making
- Analyzing and developing marketing tools
- And understanding operations management.
However, it originated in the United States in the early 20th century when the country industrialized and companies sought scientific management.
The MBA is highly valued by employers worldwide and, according to the University of Essex, is currently the most popular professional degree program in the world.
Is an online MBA worth Valuable?
An online MBA can make you a better business leader, help advance your career, and lead to a salary increase.
Whether or not an online MBA is worth it for you, however, depends on your career status and educational needs, along with what program you choose.
Why study an MBA?
There are many reasons to study for an MBA program.
The MBA is a respected business qualification worldwide.
And it can also open up new career opportunities, at home and abroad, for the holder.
The traditional MBA is a full-time, two-year program with classes on campus.
An accelerated MBA can be completed online or in-person, and typically takes 11-16 months to complete on a full-time basis.
Cost of an MBA Program?
The cost of tuition fees for a Masters of Business Administration varies from institution to institution.
It also varies from country to country.
Moreover, in the United Kingdom, the course will typically range from £10,000 and £40,000 for a full-time 12-month course.
In the United States, tuition fees between $45,000 and $65,000 are not uncommon.
Which students can study MBA?
What makes MBA such a popular course is that students from any background – including Science, Commerce, and Humanities – can pursue it.
A regular MBA or Post-Graduation Diploma in Management (PGDM) is generally a two-year course divided into four or six semesters.
Where to study an MBA Program?
Thousands of universities and business schools around the world confer MBA qualifications.
But the Association of MBAs (AMBA) is the best starting point when you’re looking for the best MBA program for you.
AMBA accredits over 150 MBA programs, in the United Kingdom and elsewhere, based on entry requirements, access to leading academic staff, and other criteria.
How many courses are there in MBA Program?
Candidates must note that in addition to three main subjects, they will have to choose five additional subjects depending on the type of specialization opted by them.
Is MBA difficult to study?
MBAs are challenging but not difficult to graduate.
Many potential students ask if an MBA is too difficult for an average student.
But, as you’ll probably learn during your MBA, your attitude makes up over 50% of your professional success, anyway.
Is an MBA worth no experience?
MBA without work experience can be a great program if you have a good profile and are sure an MBA is a perfect path ahead for you.
But be aware that competition is tough, especially for the top colleges so make sure your application highlights the value you can add.
What does MBA stand for?
MBA stands for Master of Business Administration.
Career Benefits of an MBA Program?
We all know that the tuition fees for MBA courses are high, but so, too, is the return on investment.
However, research has shown that MBA graduates from institutions in the Financial Times Global MBA Rankings in 2016 increased their salaries by between 55% and 111%,
But the financial gain is not the only career benefit of an MBA.
These are just a few of the advantages of getting an MBA.
- Greater Awareness of a Global Market.
- Improving Communication Skills.
- Expand Your Professional Network.
- Increased Job Opportunities.
- Better Time Management.
How Are Online MBA Programs Accredited?
Prospective online MBA students should look for two types of accreditation when researching potential schools.
Regional accreditation indicates that a school meets high standards concerning faculty qualifications, academic rigor, and student learning outcomes.
However, there is also national accreditation, but it typically applies only to vocational or trade schools, not to business schools.
10 Best Online MBA programs In 2022
Interest in online MBAs continues to be strong, with many schools seeing increases in applications during the past year.
Prospective students appear to be putting an even greater premium on programs that offer flexibility and convenience, particularly as the effects of the coronavirus pandemic persist.
According to QS, here are the best online MBA programs.
However, the majority of the newly-featured programs are in the U.S.
The full list of the 10 best online MBA programs can be found here:
- Imperial College Business School
- Warwick Business School
- Australian Graduate School of Management
- University of New South Wales Business School
- Alliance Manchester Business School
- Politecnico di Milano School of Management
- Kelley School of Business at Indiana University
- University of Southern California
- Vlerick Business School
- Florida International University
1. Imperial College Business School
Imperial College Business School is the business school of Imperial College London.
The business school was opened by Queen Elizabeth II in 2004.
Over 90 percent of the faculty are from outside of the United Kingdom, with alumni in 124 countries.
The business school is located on Exhibition Road at Imperial’s South Kensington campus.
It was built on the site of the Goldsmith’s wing of the Royal School of Mines, incorporating the 19th-century vaults of the older building.
The new building was designed by Foster and Partners with engineering consultancy from Buro Happold.
However, it was constructed between September 2002 and June 2004 for £15.7 million and was opened in 2004 by Queen Elizabeth II.
You can visit their website for more info https://www.imperial.ac.uk/business-school/
2. Warwick Business School
Warwick Business School is an academic department of the Faculty of Social Sciences of Warwick University,
Originally established in 1967 as the School of Industrial and Business Studies.
The school consistently ranks highly on worldwide business school and MBA rankings.
However, its alumni hold leadership positions in corporate, governmental, and academic institutions globally.
The Business School offers undergraduate, postgraduate, and Ph.D. degree programs, and non-degree executive education for individuals and companies.
Moreover, the Warwick MBA is offered as a one-year full-time program, an Executive MBA, and distance learning (blended learning).
For more info visit the university’s website for more info https://www.wbs.ac.uk/
3. Australian Graduate School of Management
The Australian Graduate School of Management is postgraduate management and business school that is part of the UNSW Business School at the University of New South Wales, in Sydney, New South Wales, Australia.
Being one of the best MBA schools, it offers general management, executive, and leadership development programs.
UNSW established the AGSM as New South Wales’ second school of postgraduate management studies in 1977.
In 2011 Professor Chris Styles was appointed as Deputy Dean and Director AGSM, and the Master of Business & Technology program was added to the AGSM offering.
Moreover, in June 2014, Professor Julie Cogin was appointed Director of AGSM, following the elevation of Professor Styles to Dean of the UNSW Business School.
The current Director of AGSM is Professor Nick Wailes.
Visit their website for more info https://www.unsw.edu.au/business/agsm
4. University of New South Wales Business School
The UNSW Business School at the University of New South Wales is a business school located in Sydney, Australia.
The school offers 42 programs, including 26 undergraduate and 26 specialist master’s degrees, as well as six MBA and executive programs through the Australian Graduate School of Management.
It was named the Australian School of Business (ASB) between 2007 and 2014.
According to the latest 2019 KUBS, worldwide business research rankings UNSW is ranked 1st worldwide for Finance and 19th globally for Management for the last five-year period (2014-2018).
However, in 2019 in the same ranking, it was ranked 13th in the world (1st in Australia) for business and among the leading business schools worldwide.
The 2019 Apollo Communications Australian Top 50 CEO Report found that UNSW has educated more CEOs of Australia’s top 50 companies than any other university in Australia.
The school has produced more technology entrepreneurs in the past 20 years than any other Australian university and has the largest number of millionaire alumni of any other university in Australia.
You can visit their website for more info https://www.unsw.edu.au/
5. Alliance Manchester Business School
Alliance Manchester Business School is the business school of the University of Manchester in Manchester, England.
One of the most prestigious business schools in the United Kingdom, it is also the second oldest in the UK and provides education to undergraduates, postgraduates, and executives.
With triple accreditation from AACSB International, AMBA, and EQUIS, they provide world-class, industry-focused education to undergraduates, postgraduates, and executives across the globe.
Ranked 2nd in the UK for research power, our influential research impacts all areas of business and management from accounting and health management to big data and human rights.
Established in 1965 as one of the UK’s first two business schools, they are part of the prestigious University of Manchester and the UK’s largest campus-based business and management school.
Kindly visit their website for more info https://www.alliancembs.manchester.ac.uk/
6. Politecnico di Milano School of Management
Founded in 1979 as a Consortium between the Politecnico di Milano and many Italian institutions and several leading public and private industrial groups.
Today MIP Politecnico di Milano is a non-for-profit consortium limited company.
Federico Frattini has been Dean of MIP Politecnico di Milano since 2020.
Since 2014, the School is a member of Unicon (International University Consortium for Executive Education), PRME (Principles for Responsible Management Education), and Clade (Latin American Council of Management Schools).
Please kindly visit their website for more info https://www.som.polimi.it/en/
Kelley School of Business at Indiana University
The Kelley School of Business is an undergraduate and graduate business school at Indiana University in Bloomington, Indiana, and Indianapolis, Indiana, United States.
At the Kelley School of Business, transforming moments link the past and present. And for 100 years, innovation has shaped business education at Kelley.
Through the decades, first movers and thought leaders at Kelley built momentum for global business education. Because of their vision.
Today’s students gain real-world skills to achieve their goals for success anywhere in the world.
The school was established as the “School of Commerce and Finance” of Indiana University in 1920.
However, it was subsequently renamed “School of Business Administration” in 1933 and “School of Business” in 1938.
Moreover, in 1997 it was named “Kelley School of Business” after its alumnus E.W. Kelley, chairman of the Steak n Shake Company, who donated $23 million.
Visit their website for more information https://kelley.iu.edu/
8. University of Southern California
The University of Southern California is a private research university in Los Angeles, California.
It was founded in 1880 by Robert M. Widney, it is the oldest private research university in California.
It took nearly a decade for this vision to become a reality.
But in 1879 Widney formed a board of trustees and secured a donation of 308 lots of land from three prominent members of the community.
The gift provided land for a campus as well as a source of endowment, the seeds of financial support for the nascent institution.
When USC first opened its doors to 53 students and 10 teachers in 1880, the “city” still lacked paved streets, electric lights, telephones, and a reliable fire alarm system.
Today, USC is home to more than 48,000 students and over 4,400 full-time faculty and is located in the heart of one of the biggest metropolises in the world.
Please visit their website for more info https://www.usc.edu/
9. Vlerick Business School
The Vlerick Business School is a private Belgian business school with campuses in Ghent, Leuven, and Brussels.
VBS is the oldest business and management school in Europe.
It was founded in 1953 by the renowned academic, entrepreneur, and politician, Professor André Vlerick.
The school has been leading innovation in business for well over half a century.
As the management school of Belgium’s two largest universities – Ghent University and KU Leuven.
Moreover, the School has built a solid, worldwide reputation as a leading, independent institution with a strong international focus and close ties to both the academic and corporate worlds.
Kindly visit their website for more info https://www.vlerick.com/en
10. Florida International University
In 1965, Florida Senator Robert M. Haverfield introduced Senate Bill 711, which instructed the state Board of Education and the Board of Regents (BOR) to begin planning for the development of a state university in Miami.
An abandoned airfield is an unusual place for the birth of a university.
But in the summer of 1969, founding FIU president Chuck Perry gathered three leaders who would help him create his vision.
Butler Waugh, Donald McDowell, and Nick Sileo joined the 31-year-old Perry at Tamiami Airport and set up shop in the former air traffic controllers’ tower.
The tower had no phones, no drinkable water, and no furniture. President Perry decided that the control tower should never be destroyed and so it remains standing today at the center of campus, as FIU’s Ivory Tower.
From that single building on that abandoned airfield, FIU has grown to be one of the largest universities in the country.
The spirit of entrepreneurship born on that summer day thrives at today’s FIU.
Kindly visit their page for info https://www.fiu.edu/
Conclusion on Best Online MBA Programs In 2022
Choosing the right business school depends on each student’s individual goals.
Degree-seekers should consider some of the following factors before committing to a program.
But the above-mentioned offers the best online MBA programs.
Please kindly drop your thoughts in the comment box below.
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