Best Online MBA Degree Programs for 2017

Top Online SchoolsWhether you are seeking a new career in business or are simply eager to climb the ladder in an already established career, earning an MBA may make good career and financial sense. According to a 2013 research survey by The Graduate Management Admission Council, the median base starting salary for an MBA graduate is $95,000. Nearly 9 in 10 (88%) of 2016 MBA graduates had jobs immediately upon graduation, with hiring prospects expected to improve even more in coming years. Good news for those starting their online MBA programs in 2017.

Advantages of Online MBA Programs

If you choose to attend a traditional full-time MBA program, remember that the costs are greater than the sticker price of tuition. While you are working toward your degree, you lose at least two years of income, experience, visibility, and possible promotions in your industry ― not to mention the obvious compromises you might make in your personal and family life. Since it is such a costly commitment, more people are choosing to complete their MBAs online, and a number of accredited online MBA programs are now meeting a more diverse set of student needs.

The Variety of Online MBA Programs

The quality, status, and popularity of online MBAs continues to rise, with more highly-ranked business schools offering online business degrees every year. However, not all online business degrees are the same. Not only do online MBAs come in a variety of formats, but their quality and prestige vary widely as well. That is why it is important to make a thorough investigation of the different online MBA programs available before choosing one.

Online MBA Program Rankings

Our list of the best online MBAs for 2017 is the place to begin that investigation. While no ranking is able to substitute for personal judgment about what is best for an individual student, we offer a well researched and up-to-date listing of the best in online MBA offerings. We’ve analyzed and ranked programs according to their perceived prestige (awards, rankings, reputation), academic quality, and affordability. You can find out more about each program’s costs and specialized offerings by filling out the contact forms in the links below.

 


 

To determine the best online MBA programs, we looked at the most important factors prospective students, mainly common predictors of future success and a school’s commitment to online programs. This boils down to admissions rate, student loan default rate, retention rate, graduation rate, and the percent of students enrolled in online classes. All data points are taken from information provided by colleges and universities to the National Center for Education Statistics.

Each factor is weighted evenly in order to give an objective view and determine the 5 best online MBA programs. To calculate our rankings, we looked at a school’s ranking when organized by a single factor, and then averaged each category’s ranking to find an overall score: Admissions Rate (20%) + Default Rate (20%) + Retention Rate (20%) + Graduation Rate (20%) + Percent of Students Enrolled in Online Classes (20%) = Final score.

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