Have you considered furthering your education, but don’t know what for? In today’s day and age, earning advanced degrees and seeking advanced education has become increasingly important in securing a good job. However, with the cost of tuition on the rise and with many college and university graduates finding themselves out of school with no work, finding the right degree has never been this pressing. The truth is: students are paying more and getting less with their education.
Don’t let this happen to you! If you are considering continuing education, there is only one thing you need to know: online MBA degrees are the perfect solution to today’s job crisis, as they reduce tuition costs while providing you with the knowledge and experience necessary secure a great position in a number of fields. MBA, or Master of Business Administration, opens the door to endless opportunities in today’s job market.
However, not every online MBA program is created equally. In order to ensure that you get the most bang for your buck and aren’t placing yourself in a situation that will only drive you into debt, we have compiled a list of the five best online MBA programs. Each of these MBA programs has placed in the top ten of the best online MBA programs according to USA Today, Forbes, and Online MBA. These rankings factored in various aspects of the program, mainly examining the amount of return the average graduate has in comparison to the amount of money spent. If you’re looking to go back to school, you can’t do better than one of the amazing programs listed below this article!
Let’s start with a list of the top five online MBA programs:
1. Indiana University Online
This online MBA program topped the list of online MBA programs in an Online MBA ranking and received second place in a recent Forbes ranking for its relatively low cost in comparison to its ability to give its graduates a good job. A study from Business Week in 2007 and 2008 found that Indiana University received an A+ rating in undergraduate job placement, with an overall graduation rate of 73%. This speaks to the programs ability to retain interested students and help undergraduates succeed as they go on to pursue and MBA degree. Furthermore, the total cost of the program reached around $58,000 with a minimum commitment of two years to complete it. This makes it one of the more affordable online MBA programs in the nation, with costs much lower than traditional on-campus degrees.
2. University of North Carolina Chapel Hill
This online MBA program offered through the University of North Carolina Chapel Hill received top marks in a Forbes ranking of major online MBA programs. The study found that one of the biggest advantages of taking the degree course online was in the savings: students who enrolled into the MBA program saved 13% over their peers who took traditional classes on campus. While the overall cost is still relatively high at $99,000 for a two-year program, it’s a price that can’t be beaten for the nation’s eleventh-best MBA program!
3. Arizona State University
The online MBA program from Arizona State University came in at a solid number three on Online MBA’s ranking of major online MBA degrees. It also earned the fourth-place spot in the Forbes poll covering the same topic. What makes Arizona State University’s degree program so great? For starters, it offers four areas of MBA concentrations for its online MBA course, allowing students greater flexibility and focus in their studies. Furthermore, it has a modest price of about $53,000 with great opportunities to receive financial aid and assistance. This makes Arizona State University’s online MBA degree great for those who are worried about the cost.
4. Auburn University
While Auburn University’s online MBA program scraped into the top ten landing at number nine, it has one great benefit: students can expect to save considerably on the cost of their MBA degree, with the price of the program averaging at just $27,000 for an online MBA degree. This amazing price sets Auburn University’s program apart, giving students considerable savings over not only traditional campus classes but over other MBA programs as well. Furthermore, this online degree program is accredited and recognized and gives students top-quality education in the field of business.
5. University of Florida
The University of Florida’s online MBA degree program clocked in at number six on Online MBA’s ranking of the best online MBA degree programs and a comparable number six on a similar list by Forbes. This great MBA program combines a great education with the ease of online classes. With a base price that ranges between $24,000 and $60,000, this program offers one of the more affordable programs to students wishing to obtain an online MBA degree.
Obtaining an MBA degree online gives you all the great perks of a traditional MBA degree while saving you money! These five great online MBA programs are among the nation’s best and have proven track records of success.
Let’s continue with the other great online MBA programs available in the U.S.
The list below is not ordered by a ranking system but searchable by your requirements:
The online MBA program directory
In order to compare all these online MBA programs, it’s recommended contacting all universities of interest. After collecting detailed information one will be able to make the right decision.