As the world around us continues to change, the virtual world continues to take up a larger portion of our lives. This is no less true with education. Sometimes earning a world-class education doesn’t always mean moving to a new city or quitting your current job. Rather, for working professionals or busy parents, attending an online MBA program is the best way to handle your education with a busy schedule.
If you are keen on earning an MBA but are too established in a career or family life to move states or countries, then an online MBA degree can be the perfect solution. There are top MBA programs offered by leading business schools which make sure that their students receive a top-notch education from anywhere in the world!
Top Online MBA Programs
We have listed some of the Financial Times 2023 top-eight online MBA programs around the globe to help you on your journey to find the perfect MBA program.
- IE Business School
- Warwick Business School
- Imperial College Business School
- Carnegie Mellon: Tepper
- University of Massachusetts Amherst: Isenberg
- University of North Carolina: Kenan-Flager
- University of Florida: Warrington
- Durham University Business School
IE Business School (Spain)
IE Business School’s Global Online MBA program is ranked first by the Financial Times in 2023. The program concentrations range from economics to strategy and technology. The cost of the program is €51,000 and the program lasts 17, 24 or 30 months.The program has an acceptance rate of 41%. The average GMAT score of successful applicants is 686 with an average undergraduate GPA of 4.
Warwick Business School (UK)
Warwick Business School’s Warwick Distance Learning MBA program is ranked second by Financial Times in 2023. The cost of the program is £37,400 for Jan 2024 and £39,450 for June 2024, and lasts a total of 2 years. Each year there is a total intake of 1,185 new students, 31% female and 72% male with ages ranging from 25-58. The acceptance rate for the program is 45%. Successful applicants to the program exhibit strategic thinking skills, creative problem solving, drive, and leadership within their application. The majority of applicants have already had years of professional experience under their belt.
Imperial College Business School (UK)
The Imperial College Business School’s Global Online MBA program is ranked third by the Financial Time’s 2023 Online MBA rankings. The global online MBA program is 21, 24, or 32 months long and costs a total of £45,700. The total enrollment for the program is 191 and the program consists of 35% female and 65% male students. The GMAT is not required for acceptance, however, applicants are expected to have a minimum of 3 years of professional experience before applying.
Carnegie Mellon: Tepper (US)
Carnegie Mellon: Tepper Online MBA program is ranked fourth by the Financial Time’s 2023 Online MBA rankings. The cost of the program is $78,246 and lasts between 24 and 48 months. The class consists of 113 students. The program has a 9% international and 33% US minority composition. The average GMAT score is 680, with the average undergraduate GPA being 3.38.
University of Massachusetts Amherst: Isenberg (US)
University of Massachusetts Amherst: Isenberg Online MBA program is ranked fifth by the Financial Time’s 2023 Online MBA rankings. The cost of the program is between $34,225 to $36,075 and lasts between 24 and 48 months. Each year there is a total intake of 1,590 new students, and the acceptance rate for the program is 92%. The average GMAT score is 640.
University of North Carolina: Kenan Flager (US)
University of North Carolina: Kenan Flager’s online MBA program is ranked sixth by the Financial Time’s 2023 Online MBA rankings. The program utilizes blended learning in its teaching and has concentrations ranging from Analytics to Entrepreneurship & Innovation. The total cost of the program is $125,589 and the program length ranges from 18-36 months. Enrollment for the program is about 766 students and the acceptance rate is 56%. The average GMAT score for accepted applicants is 660.
University of Florida: Warrington (US)
The University of Florida: Warrington’s online MBA program is ranked sixth by the Financial Time’s 2023 Online MBA rankings. The one-year program costs $49,205 and lasts from 16 months. The two- year program costs $59,807.20 and lasts from 24 months. The total enrollment for the program is 717 and has an acceptance rate of 42%. The average GMAT score of accepted applicants is 600, with the average undergraduate GPA being 3.3.
Durham University Business School (UK)
Durham University Business School’s two-year part-time Online MBA program is ranked eight by the Financial Time’s 2023 Online MBA rankings. There are 5 core modules and offers students three strategic pathways: Entrepreneurship, Consultancy, and Technology. Students are able to personalize their program to fulfill their career goals. The cost of the program is £19,000 a year. Applicants do not need to submit a GMAT score to be considered for admissions.
Whether you are looking for an online MBA program or an in-person, deciding to attend business school is a wonderful step for your professional future. At Apex, we’re dedicated to helping you secure admission to the best business schools. Our expert admissions consultants and GMAT tutors are here to guide you every step of the way. Schedule a 30-minute complimentary consultation call with one of our top-scoring instructors today and discover how we can support your MBA journey!
Contributor: Dana Coggio