These are the best online master’s degree programs in business administration. Highly ranked programs have strong traditional academic foundations based on the excellence of entering students, graduation rates and instructor credentials. They also excel at educating distance learners while providing robust career and financial support.
Indiana University–Bloomington (Kelley) requires either a GMAT or GRE score to be submitted with an application for its online MBA program, which may be waived for students with 10 years of work experience. The average GMAT score for incoming online MBA students is 655, and a 3.4 undergraduate GPA. The acceptance rate into the public university’s online program was 53% last year. The school currently enrolls 1,484 online MBA students, and had a 99% retention rate in 2020. Prospective students have two chances to apply each year and must complete 51 credits to graduate.
University of North Carolina–Chapel Hill (Kenan-Flagler) requires a GMAT or GRE for students with fewer than five years of work experience, however, the requirement can be waived in special circumstances. The average incoming student has a 670 GMAT score and a 3.2 undergraduate GPA. The acceptance rate into the public university’s online program was 57% last year. Kenan-Flagler currently enrolls 847 students in its online MBA program, and its one-year retention rate in 2020 was 96.15%. There are four application deadlines per year (one per quarter). Students must complete 62 credits to graduate.
Carnegie Mellon University (Tepper) requires official GMAT, GRE or EA scores, or an approved test waiver to apply for its online MBA program. The average incoming student has an average GMAT score of 674, and an average undergraduate GPA of 3.39. The acceptance rate to Tepper’s online MBA program in 2020 was 29.9%, and the program currently enrolls 166 students. In 2020, Tepper’s one-year retention rate was 94%. Prospective students must apply by April 12 to be considered for admission, and 64 credits are needed in order to graduate.
University of Southern California (Marshall) typically requires official GMAT or GRE scores to apply for its online MBA program, though that is optional for those applying for fall 2021. The average undergraduate GPA for incoming students is 3.2, and the average GMAT score is 624. The acceptance rate to Marshall’s online MBA program in 2020 was 34% and its one-year retention rate was 97%. The deadline to submit applications is June 3, and Marshall online MBA students must complete 51 credits in order to graduate. The school currently enrolls 319 online MBA students.
Incoming students at University of Florida (Hough) have an average GMAT score of 592, and an average undergraduate GPA of 3.33. Applications are processed on a rolling basis, and official GMAT or GRE scores are required. In 2020, the acceptance rate to Florida’s online MBA program was 72%, and there are currently 492 students enrolled. The online MBA program’s one-year retention rate in 2020 was 96%. Students must complete 32 credits for the one-year program and 48 for the two-year program. Florida requires international students to submit TOEFL scores of at least 80.
Rice University (Jones) requires either a GMAT or GRE score from the past five years to apply for its online MBA program, though testing waivers are available if certain requirements are met. One letter of recommendation is also required. For incoming students, the average GPA is 3.21, and the average GMAT score is 598. International students are required to submit TOEFL scores. The school offers rolling admissions to its online MBA program, currently enrolling 387 students. In 2020, Jones had a 70% acceptance rate. Students must complete 54 credits in order to graduate.