92 Most Affordable Online MBAs for 2025: Business School for Less for 2025

Having an MBA to your name can lead to significant professional and financial rewards, including the possibility of a six-figure salary. However, the degree is not cheap; some business schools offering these programs cost over $250,000 in tuition. Luckily, not all programs will drain your pocketbook and cause the need to take on student loans. For this list, Fortune ranked the best online MBA programs by tuition prices provided by the universities.

University of Texas of the Permian Basin campus

1. University of Texas of the Permian Basin

Odessa, TX

The University of Texas Permian Basin's MBA offers standardized testing waivers based on GPA. Two recommendation letters and TOEFL, IELTS, or Duolingo scores for international students are required. Core courses average 53 students. Admission is rolling. Fall 2023 enrollees had an average undergraduate GPA of 3.32. The 2022–23 one-year retention rate was 50%. This school ranks No. 83 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$8,246
GMAT requirement	Yes
Graduation rate	56%

2. Rogers State University

Claremore, OK

At Rogers State University, international students need a minimum TOEFL score of 500 to apply for the MBA program. While GRE/GMAT scores are accepted, a 3.0 undergraduate GPA is sufficient. No letters of recommendation are required. Graduates report median base salaries of $58,200 at graduation, rising to $109,500 after three years. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and eight years of work experience. This school ranks No. 52 on our main best online MBA programs list.

Acceptance rate	80%
Approx. total tuition, out-of-state	$10,800
GMAT requirement	Yes
Graduation rate	76%

3. Missouri State University

Springfield, MO

Missouri State University's online MBA requires English proficiency proof for non-immigrant applicants, accepting TOEFL, IELTS, PTE, and Duolingo scores. GMAT/GRE records should be submitted even if waiver requirements are met. Waivers are granted individually at the Director's discretion. August 15 is the fall 2024 application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.35 and 8.5 years of work experience. The 2022–23 one-year retention rate was 72%. This school ranks No. 66 on our main best online MBA programs list.

Acceptance rate	92%
Approx. total tuition, out-of-state	$11,832
GMAT requirement	Yes
Graduation rate	48%

UNC Kenan-Flagler’s top-ranked online MBA

STEM-designated. Tar Heel ROI. No compromises.

UNC Kenan-Flagler’s top-ranked online MBA is designed for experienced professionals looking to take their career to the next level. Students have access to lifelong career benefits and a global network of 51,000+ business school alumni. Earn your MBA online in as few as 18 months or up to three years. MBA Fellowships Available.

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4. University of Louisiana (Lafayette)

Lafayette, LA

The University of Louisiana–Lafayette's online MBA generally doesn't require standardized testing, but it may be necessary in some cases. Recommendation letters are needed for students with an undergraduate GPA below 2.74. Core courses average 90 students. Fall admission deadlines are August 12 and October 7. Fall 2023 enrollees had an average undergraduate GPA of 3.13. The 2022–23 one-year retention rate was 64%. This school ranks No. 70 on our main best online MBA programs list.

Acceptance rate	64%
Approx. total tuition, out-of-state	$12,804
GMAT requirement	No
Graduation rate	60%

5. University of Southern Indiana

Evansville, IN

The University of Southern Indiana doesn't require standardized testing or recommendation letters, but contact information for three professional contacts is needed. Core classes average 173 students. Shortly after graduating, students earn median annual salaries of $95,000. The program can be completed in less than one year. The program has rolling admission, but applicants must apply at least 10 days before one of the six start dates. Fall 2023 enrollees had an average undergraduate GPA of 3.70 and 11 years of work experience. This school ranks No. 20 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$12,900
GMAT requirement	Yes
Graduation rate	80%

Southeast Missouri State University campus sign

6. Southeast Missouri State University (Harrison)

Cape Girardeau, MO

Southeast Missouri State University's online MBA program offers international students who have previously completed a degree at SEMO the domestic tuition rate. English proficiency can be demonstrated through TOEFL iBT, IELTS, ITEP, PTE Academic, Duolingo, Kaplan International certification, or HOFT institute scores. Standardized test scores are not required if the applicant's undergraduate GPA is 3.0 or higher, and letters of recommendation are not needed. The enrollment committee recommends that fall 2024 applications be submitted by August 1. The average undergraduate GPA for fall 2023 enrollees was 3.01. The one-year retention rate for the 2022–23 school year was 68%. This school ranks No. 78 on our main best online MBA programs list.

Acceptance rate	41%
Approx. total tuition, out-of-state	$13,514
GMAT requirement	Yes
Graduation rate	55%

7. Delta State University

Cleveland, MS

Delta State University's fully online Integrated MBA program spans over a year and offers six study areas. International students must submit TOEFL or IELTS scores. Standardized test scores and recommendation letters aren't required. Enrollment is rolling and available year-round. Fall 2023 enrollees had an average undergraduate GPA of 2.91. This school ranks No. 86 on our main best online MBA programs list.

Acceptance rate	98%
Approx. total tuition, out-of-state	$14,070
GMAT requirement	No
Graduation rate	66%

8. Louisiana Tech University

Ruston, LA

Louisiana Tech University's Professional Online MBA requires GRE scores, but a 3.2 undergraduate GPA waives this requirement. Recommendation letters aren't needed. Core courses average 27 students. August 1 is the fall 2024 application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.59. This school ranks No. 68 on our main best online MBA programs list.

Acceptance rate	97%
Approx. total tuition, out-of-state	$14,250
GMAT requirement	Yes
Graduation rate	70%

Maryville University Master of Business Administration | Online

Earn Your MBA from Maryville University - a faster, more convenient, and affordable way to earn an MBA.

Earn your Master of Business Administration online from Maryville University in as few as 12 months. Prepare to advance into a management-level role. Choose from 12 optional concentrations/built-in certificates.

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9. Troy University

Troy, AL

Troy University's online MBA program, consisting of 30 credit hours, requires non-native English speakers to submit either TOEFL or IELTS scores. While standardized test scores aren't mandatory, they are accepted. The program requests one letter of recommendation for consideration. With over 120 faculty members employed in the business school, the program offers a robust academic environment. Fall 2023 enrollees had an average undergraduate GPA of 3.23. The one-year retention rate for the 2022–23 school year stood at 61%. This school ranks No. 89 on our main best online MBA programs list.

Acceptance rate	97%
Approx. total tuition, out-of-state	$14,250
GMAT requirement	No
Graduation rate	57%

10. University of Central Oklahoma

Edmond, OK

University of Central Oklahoma's online PMBA can be completed in 16–36 months. Standardized test score waivers are available for applicants with a 3.5 GPA or three years of work experience. Others can interview for potential waivers. Recommendation letters aren't required, but English proficiency exam scores are. July 15 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.39. The 2022–23 one-year retention rate was 66%. This school ranks No. 82 on our main best online MBA programs list.

Acceptance rate	100%
Approx. total tuition, out-of-state	$14,712
GMAT requirement	Yes
Graduation rate	DNP

11. Dakota Wesleyan University

Mitchell, SD

DWU's online MBA program doesn't require standardized test scores or recommendation letters. English proficiency exam scores are required. The program boasts an 87% employment rate prior to graduation, and each course is seven weeks long. Graduation requirements include 36 credits. The application deadline is rolling. Fall 2023 enrollees had an average undergraduate GPA of 3.58 and 10.3 years of work experience. This school ranks No. 21 on our main best online MBA programs list.

Acceptance rate	81%
Approx. total tuition, out-of-state	$15,300
GMAT requirement	No
Graduation rate	100%

12. Shippensburg University of Pennsylvania (Grove)

Cumberland County, PA

At Shippensburg University of Pennsylvania, the online MBA program doesn't factor standardized tests into the application process, nor does it require recommendation letters. Designed to be completed in just one year, the program comprises 30 credits. International applicants must submit English proficiency exam results. With a rolling application deadline, the program offers flexibility for prospective students. Fall 2023 enrollees boasted an average undergraduate GPA of 3.15. The 2022–23 school year saw a one-year retention rate of 59%. This school ranks No. 90 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$15,780
GMAT requirement	No
Graduation rate	61%

13. University of Central Missouri (Harmon)

Warrensburg, MO

University of Central Missouri's online MBA boasts a 96% job placement rate and can be completed in 12 months. The program doesn't require standardized test scores or recommendation letters but needs English proficiency exam scores from international applicants. Admission is rolling. Fall 2023 enrollees had an average undergraduate GPA of 3.31. The 2022–23 one-year retention rate was 68%. This school ranks No. 63 on our main best online MBA programs list.

Acceptance rate	31%
Approx. total tuition, out-of-state	$16,484
GMAT requirement	No
Graduation rate	71%

UC Davis Master of Management

The online Master of Management from UC Davis is a graduate business degree designed for recent college graduates, ambitious young professionals and career-changers aspiring to leadership roles.

The 15-month online Master of Management program provides aspiring leaders with a foundation in the functional areas of business, such as accounting, finance, marketing and strategy. No minimum professional experience is required.

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14. Morehead State University

Morehead, KY

Morehead State University's online MBA program admits students based on an index score comprising undergraduate GPA and GMAT score. However, the GMAT can be waived with three recommendation letters. Core courses average 15 students, and the business school employs ten faculty members. Admission is rolling. Fall 2023 enrollees had an average undergraduate GPA of 3.30. This school ranks No. 43 on our main best online MBA programs list.

Acceptance rate	50%
Approx. total tuition, out-of-state	$17,100
GMAT requirement	No
Graduation rate	100%

15. Texas A&M University-Kingsville

Kingsville, TX

Texas A&M University Kingsville's 30-credit online MBA program will waive standardized test scores if the applicant has a previous GPA of 3.0. The program does not require any letters of recommendation but does require English proficiency exam scores from international students. On average there are 27 students per core online course. The business school employs just 25 total faculty members. The deadline to apply for fall 2024 is July 15. The average undergraduate GPA for fall 2023 enrollees was 3.28, and the average number of work prior experience for those same students was two. The one-year retention rate for the 2022–23 school year was 23%, the lowest on this ranking. This school ranks No. 32 on our main best online MBA programs list.

Acceptance rate	99%
Approx. total tuition, out-of-state	$17,490
GMAT requirement	Yes
Graduation rate	93%

16. University of Massachusetts–Dartmouth

Dartmouth, MA

At UMass–Dartmouth, GMAT scores are generally required for its online MBA, but waivers are available. Two recommendation letters are needed. International students must submit TOEFL, IELTS, or Duolingo scores for English proficiency. Core courses average about 18 students. Applications are accepted on a rolling basis. Fall 2023 enrollees had an average undergraduate GPA of 3.38. This school ranks No. 40 on our main best online MBA programs list.

Acceptance rate	97%
Approx. total tuition, out-of-state	$17,610
GMAT requirement	Yes
Graduation rate	69%

17. Bowling Green State University

Bowling Green, OH

Bowling Green State University's online MBA program suits "non-traditional students." Non-English native speakers need a TOEFL score of 80, but standardized tests are optional, and recommendation letters aren't required. Courses average 37 students with eight years of work experience. The business school has 73 faculty members, and the average student age is 33. The program accommodates traveling students or overseas-stationed military personnel. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and eight years of work experience. This school ranks No. 42 on our main best online MBA programs list.

Acceptance rate	93%
Approx. total tuition, out-of-state	$18,180
GMAT requirement	No
Graduation rate	71%

18. University of North Carolina–Charlotte

Charlotte, NC

UNC-Charlotte's online MBA requires satisfactory GMAT or GRE scores with acceptable verbal and quantitative scores. Core courses average 28 students, and the business school has about 154 faculty members. August 1 is the fall admission deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and eight years of work experience. The 2022–23 one-year retention rate was 70%. This school ranks No. 65 on our main best online MBA programs list.

Acceptance rate	84%
Approx. total tuition, out-of-state	$19,331
GMAT requirement	Yes
Graduation rate	DNP

The Online MBA From Rice Business

Rethink Your Approach to Business

GMAT waivers are available for the online MBA from Rice Business, ranked a Top-20 Online MBA by U.S. News & World Report. Ranked #1 in graduate entrepreneurship in the U.S. by the Princeton Review for 2024, aspiring entrepreneurs can earn their MBA in as few as 24 months.

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19. University of Southern Mississippi

Hattiesburg, MS

The University of Southern Mississippi doesn't require testing for domestic students, but international students must turn in TOEFL, IELTS, or iTEP scores. Three recommendation letters are needed to apply. Core classes average 25 students. According to the school, the program is newly revamped. The fall admission application deadline is August 15. Fall 2023 enrollees had an average undergraduate GPA of 3.5 and 5.5 years of work experience. This school ranks No. 31 on our main best online MBA programs list.

Acceptance rate	78%
Approx. total tuition, out-of-state	$19,414
GMAT requirement	No
Graduation rate	77%

20. University of Massachusetts–Lowell

Lowell, MA

UMass–Lowell's online MBA doesn't require standardized testing except for international students, who must prove English proficiency via TOEFL, IELTS, Duolingo, or TOEIC. Two recommendation letters are also needed. The program has a rolling application process. Fall 2023 enrollees had an average undergraduate GPA of 3.42 and ten years of work experience. This school ranks No. 19 on our main best online MBA programs list.

Acceptance rate	95%
Approx. total tuition, out-of-state	$19,650
GMAT requirement	No
Graduation rate	76%

21. Lindenwood University

Saint Charles, MO

Lindenwood University's online MBA program accepts TOEFL, IELTS, and Duolingo scores for international applicants. The program accepts GMAT or GRE scores, but they aren't required for admission. Three recommendation letters are required if the applicant's undergraduate GPA is below 3.0. Thirty-three credit hours are needed to graduate. Entrants tend to have an average of eight years of work experience before enrollment. Fall 2023 enrollees had an average undergraduate GPA of 3.42 and eight years of work experience. The 2022–23 one-year retention rate was 69%. This school ranks No. 30 on our main best online MBA programs list.

Acceptance rate	28%
Approx. total tuition, out-of-state	$19,701
GMAT requirement	No
Graduation rate	48%

22. Fayetteville State University

Fayetteville, NC

At Fayetteville State University's Broadwell College of Business and Economics, the online MBA program requires GMAT or GRE scores, with waivers available for qualified candidates. Two recommendation letters are needed. Graduates report a median salary of $82,329 four months after completion. September 8 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.20. This school ranks No. 55 on our main best online MBA programs list.

Acceptance rate	47%
Approx. total tuition, out-of-state	$20,160
GMAT requirement	Yes
Graduation rate	33%

23. University of Maine

Orono, ME

For the MaineMBA, GMAT scores are required unless applicants meet waiver criteria. International students must prove English proficiency via TOEFL, IELTS, PTE, or Duolingo, unless their prior degree was in English. No recommendation letters are needed. Core courses average 40 students. Four months post-program, graduates earn median annual salaries of about $109,000. Admission is on a rolling cycle. Fall 2023 enrollees had an average undergraduate GPA of 3.36 and 7.7 years of work experience. This school ranks No. 38 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$20,370
GMAT requirement	Yes
Graduation rate	65%

UNC Kenan-Flagler’s top-ranked online MBA

STEM-designated. Tar Heel ROI. No compromises.

Learn More

24. King University

Bristol, TN

King University's Online Professional MBA is designed for professionals with at least two years of experience. Standardized tests and recommendation letters aren't required, but international students must submit TOEFL scores of 84 or get a waiver. Admission is rolling throughout the year. This school ranks No. 67 on our main best online MBA programs list.

Acceptance rate	98%
Approx. total tuition, out-of-state	$21,780
GMAT requirement	No
Graduation rate	94%

25. Abilene Christian University

Abilene, TX

Abilene Christian University's online MBA accepts both GRE and GMAT scores. Scoring at the 50th percentile or higher can waive two years of professional work experience. Two recommendation letters are required, and courses average around 15 students. The program emphasizes a faith-rooted ethical approach. August 5 is the fall admission deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.27 and three years of work experience. This school ranks No. 72 on our main best online MBA programs list.

Acceptance rate	100%
Approx. total tuition, out-of-state	$23,400
GMAT requirement	No
Graduation rate	65%

26. Eastern Oregon University

La Grande, OR

Eastern Oregon University's online MBA program requires GRE or GMAT scores and two recommendation letters for applicants with a GPA below 3.0. The 45-credit program has six faculty members teaching graduate-level courses among 46 total business school faculty. The application deadline is September 1. This school ranks No. 45 on our main best online MBA programs list.

Acceptance rate	DNP
Approx. total tuition, out-of-state	$23,796
GMAT requirement	Yes
Graduation rate	95%

27. University of South Florida

Tampa, FL

USF Muma's online MBA requires standardized testing unless candidates meet one of these qualifications: 3.5 GPA or better from a high-quality institution, three or more years of quality work experience, or a professional license or certificate of significant merit. International students must prove English proficiency via TOEFL, IELTS, or Duolingo scores. Three recommendation letters are also required. Students earned median annual salaries of $98,000 four months post-graduation. The fall admission application deadline is June 1. Fall 2023 enrollees had an average undergraduate GPA of 3.57 and 12.5 years of work experience. This school ranks No. 9 on our main best online MBA programs list.

Acceptance rate	57%
Approx. total tuition, out-of-state	$24,750
GMAT requirement	Yes
Graduation rate	83%

28. Pennsylvania Western University

California, PA

Penn West's online MBA program requires official undergraduate transcripts. GRE and GMAT scores are only needed if GPA requirements aren't met. Core courses average 27 students, and 43 faculty members are employed at the business school. MBA candidates can specialize in management, finance, healthcare management, business analytics, or applied economics. Admission is rolling. This school ranks No. 47 on our main best online MBA programs list.

Acceptance rate	89%
Approx. total tuition, out-of-state	$25,888
GMAT requirement	No
Graduation rate	DNP

UC Davis Master of Management

The online Master of Management from UC Davis is a graduate business degree designed for recent college graduates, ambitious young professionals and career-changers aspiring to leadership roles.

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29. SUNY–Oswego

Oswego County, NY

SUNY Oswego offers two 36-credit online MBA programs: Management and Healthcare Administration. The program accepts TOEFL, IELTS, and Duolingo scores from international students. Standardized test scores are optional, but three letters of recommendation are required. Core online courses average around 20 students, with entrants having an average of 9.6 years of work experience. Admissions are on a rolling basis. Fall 2023 enrollees had an average undergraduate GPA of 3.32 and 9.6 years of work experience. This school ranks No. 53 on our main best online MBA programs list.

Acceptance rate	97%
Approx. total tuition, out-of-state	$27,000
GMAT requirement	No
Graduation rate	63%

30. California State University–Stanislaus

Turlock, CA

Stanislaus State's 30-credit online MBA program requires international students to prove English proficiency via TOEFL, IELTS, or Duolingo scores. GMAT or GRE scores aren't required, but two recommendation letters are. Courses average 23 students. The fall 2024 semester application deadline is June 20. Fall 2023 enrollees had an average undergraduate GPA of 3.20. This school ranks No. 41 on our main best online MBA programs list.

Acceptance rate	63%
Approx. total tuition, out-of-state	$27,600
GMAT requirement	No
Graduation rate	75%

31. West Virginia University (Chambers)

Morgantown, WV

West Virginia University's online MBA doesn't mandate standardized test scores, but it does require one letter of recommendation. International applicants need to demonstrate English proficiency through IELTS, TOEFL, PTE, or Duolingo scores. Core classes average 45 students. July 1 is the fall admission application deadline. Graduates report median base salaries of approximately $81,453. Fall 2023 enrollees had an average undergraduate GPA of 3.36 and two years of work experience. This school ranks No. 91 on our main best online MBA programs list.

Acceptance rate	87%
Approx. total tuition, out-of-state	$28,950
GMAT requirement	No
Graduation rate	DNP

32. Montclair State University

Montclair, NJ

Montclair State University's Feliciano School of Business Online MBA requires 36–39 credits for graduation. Standardized test scores and recommendation letters are optional. Each course averages 44 students. Admission is on a rolling basis year-round. Fall 2023 enrollees had an average undergraduate GPA of 3.27 and 5.1 years of work experience. This school ranks No. 57 on our main best online MBA programs list.

Acceptance rate	94%
Approx. total tuition, out-of-state	$29,003
GMAT requirement	No
Graduation rate	81%

33. Valparaiso University

Porter County, IN

Valparaiso University's online MBA doesn't require standardized testing, but scores may be considered. Two recommendation letters and proof of English proficiency for international students are needed. Core courses average about 16 students, and the business school has 16 faculty members. Admission is rolling. Fall 2023 enrollees had an average undergraduate GPA of 3.34. The 2022–23 one-year retention rate was 56%. This school ranks No. 87 on our main best online MBA programs list.

Acceptance rate	76%
Approx. total tuition, out-of-state	$29,988
GMAT requirement	No
Graduation rate	89%

UNC Kenan-Flagler’s top-ranked online MBA

STEM-designated. Tar Heel ROI. No compromises.

Learn More

34. University of Wisconsin MBA Consortium

Wisconsin, WI

The University of Wisconsin's online MBA applicants are encouraged to submit GMAT or GRE scores if they feel it will strengthen their overall application. Two recommendation letters are needed to apply, and international students must submit proof of English proficiency. The fall admission application deadline is August 21. Students earn a median annual salary of $130,000 three months post-graduation. Fall 2023 enrollees had an average undergraduate GPA of 3.34 and nine years of work experience. This school ranks No. 27 on our main best online MBA programs list.

Acceptance rate	82%
Approx. total tuition, out-of-state	$30,600
GMAT requirement	No
Graduation rate	56%

35. University of Texas--Tyler

Tyler, TX

At the University of Texas—Tyler, standardized testing is required but waivers exist based upon qualifications. No recommendation letters are needed, and international students must turn in a TOEFL score. Alumni generally earn $105,471 shortly after graduating. The fall admission application deadline is August 19. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and five years of work experience. This school ranks No. 29 on our main best online MBA programs list.

Acceptance rate	93%
Approx. total tuition, out-of-state	$30,996
GMAT requirement	Yes
Graduation rate	98%

36. Kent State University (Crawford)

Kent, OH

Kent State University's 37-credit online MBA requires English proficiency exams for international students, accepting TOEFL, MELAB, IELTS, PTE, and Duolingo English scores. Two recommendation letters are required, but GMAT or GRE scores aren't. Core online courses average 36 students. June 1 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.4 and 3.7 years of work experience. The 2022–23 one-year retention rate was 73%. This school ranks No. 75 on our main best online MBA programs list.

Acceptance rate	86%
Approx. total tuition, out-of-state	$31,080
GMAT requirement	No
Graduation rate	58%

37. Saint Francis University

Loretto, PA

Saint Francis University's 36-credit online MBA doesn't require standardized test scores and isn't open to international applicants. The program offers eight concentrations and typically has 20 students in core courses. Fall 2023 enrollees had an average undergraduate GPA of 3.4. This school ranks No. 76 on our main best online MBA programs list.

Acceptance rate	97%
Approx. total tuition, out-of-state	$31,500
GMAT requirement	No
Graduation rate	100%

38. Florida State University

Tallahassee, FL

Florida State University's online MBA program takes seven semesters to complete, and GMAT submission is optional. International applicants must submit scores from TOEFL, IELTS, PTS, Duolingo, Cambridge C1, or Michigan Language Assessment. The program averages 31 students per course, and the fall 2024 application deadline is June 1. Fall 2023 enrollees had an average undergraduate GPA of 3.49 and 9.6 years of work experience. This school ranks No. 13 on our main best online MBA programs list.

Acceptance rate	21%
Approx. total tuition, out-of-state	$31,590
GMAT requirement	No
Graduation rate	69%

39. John Carroll University (Boler)

University Heights, OH

John Carroll University's Boler Online MBA Program is 30 credits long and doesn't require GMAT/GRE scores, although applicants may still submit them. The school requires one recommendation letter for all entrants and a minimum TOEFL score of 79 for international applicants. With an average of 22 students per course and 70 faculty members, the program blends "Jesuit principles with experiential learning to help students excel in work and in life." The fall 2024 application deadline is August 24. Fall 2023 enrollees had an average undergraduate GPA of 3.20 and nine years of work experience. This school ranks No. 22 on our main best online MBA programs list.

Acceptance rate	93%
Approx. total tuition, out-of-state	$31,800
GMAT requirement	No
Graduation rate	73%

40. Florida Atlantic University

Boca Raton, FL

Florida Atlantic University's online MBA program requires GMAT/GRE scores if the undergraduate GPA is below the minimum requirement. All applicants must submit two recommendation letters, and international applicants must pass an English proficiency exam. Applications are accepted on a rolling basis, and a minimum of 40 credits is required to graduate. Fall 2023 enrollees had an average undergraduate GPA of 3.18 and 8.3 years of work experience. The 2022–23 school year saw a 73% one-year retention rate. This school ranks No. 50 on our main best online MBA programs list.

Acceptance rate	73%
Approx. total tuition, out-of-state	$32,000
GMAT requirement	Yes
Graduation rate	63%

41. University of New Hampshire (Paul)

Durham, NH

At the University of New Hampshire, test scores are optional but can supplement applications or be considered for department scholarships. International students must submit TOEFL, IELTS, PTE, or Duolingo scores. Two recommendation letters are required. Students can choose from six optional specializations. Graduates earn median annual salaries of $105,000 four months post-graduation. August 1 is the fall admission deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.10 and 8.5 years of work experience. This school ranks No. 71 on our main best online MBA programs list.

Acceptance rate	97%
Approx. total tuition, out-of-state	$32,760
GMAT requirement	No
Graduation rate	64%

42. University of the Incarnate Word

San Antonio, TX

University of the Incarnate Word's online MBA program requires international students to submit TOEFL or IELTS scores. GMAT and GRE scores are not required for the application but are accepted. The school does not require letters of recommendation, and each course has an average of 21 students. The deadline to apply is August 12. The average undergraduate GPA for fall 2023 enrollees was 3.5. The one-year retention rate for the 2022–23 school year was 59%. This school ranks No. 77 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$33,000
GMAT requirement	No
Graduation rate	66%

43. University of Iowa (Tippie)

Iowa City, IA

The Iowa MBA program is test-optional and doesn't require recommendation letters. However, international students must prove English proficiency via TOEFL, IELTS, or Duolingo. Core courses average 36 students. The fall admission application deadline is August 1. Fall 2023 enrollees had an average undergraduate GPA of 3.53 and 8.4 years of work experience This school ranks No. 8 on our main best online MBA programs list.

Acceptance rate	79%
Approx. total tuition, out-of-state	$33,750
GMAT requirement	No
Graduation rate	58%

44. Samford University

Homewood, AL

Samford University's 36-credit online MBA only requires GMAT scores for applicants with undergraduate GPAs below 3.0. No recommendation letters are needed. Core online courses average 28 students. English proficiency exam scores are required for international students. July 1 is the fall 2024 application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.43 and three years of work experience. The 2022–23 one-year retention rate was 66%. This school ranks No. 81 on our main best online MBA programs list.

Acceptance rate	92%
Approx. total tuition, out-of-state	$34,092
GMAT requirement	Yes
Graduation rate	68%

45. University of Mississippi

Oxford, MS

The Ole Miss MBA Program waives its standardized test requirement for those with five or more years of work experience. No recommendation letters are needed. Graduates earn median annual salaries of about $110,000 shortly after the program. The fall admission deadline is July 1. Fall 2023 enrollees had an average undergraduate GPA of 3.16 and seven years of work experience. This school ranks No. 46 on our main best online MBA programs list.

Acceptance rate	70%
Approx. total tuition, out-of-state	$34,902
GMAT requirement	Yes
Graduation rate	90%

46. Utah State University

Cache County, UT

Utah State University's master of business administration does not required test scores for admission, but three letters of recommendation are needed. According to the program, students can complete the program in as little as three semesters. The deadline for fall admission is July 1. The average undergraduate GPA for fall 2023 enrollees was 3.40, and the average number of work prior experience for those same students was 9.1. This school ranks No. 62 on our main best online MBA programs list.

Acceptance rate	100%
Approx. total tuition, out-of-state	$36,000
GMAT requirement	No
Graduation rate	75%

47. University of Massachusetts–Amherst (Isenberg)

Amherst, MA

While a strong GMAT/GRE score enhances any application, University of Massachusetts–Amherst's Isenberg School of Management's online MBA program candidates can make a case for admission without submitting scores. Applicants can submit professional experience and academic accomplishments. Candidates may also complete a test score waiver application form before applying to the program. The school requires two recommendation letters. Students report median base salaries of $183,920 four months post-graduation. The fall 2024 application deadline is July 15. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and 11 years of work experience This school ranks No. 11 on our main best online MBA programs list.

Acceptance rate	92%
Approx. total tuition, out-of-state	$36,075
GMAT requirement	No
Graduation rate	50%

48. Ohio University

Athens County, OH

Ohio University's College of Business online MBA requires English proficiency exams for non-native English speakers and two recommendation letters. Students report median base salaries of $82,613 before and $109,224 after graduation. Core online classes average 45 students. August 11 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.24 and seven years of work experience. This school ranks No. 79 on our main best online MBA programs list.

Acceptance rate	84%
Approx. total tuition, out-of-state	$36,785
GMAT requirement	No
Graduation rate	DNP

49. University of Scranton

Scranton, PA

The University of Scranton's online MBA doesn't consider standardized testing for admission, but international students must submit TOEFL scores. Two letters are required for the rolling admission process. Core classes average 12 students. Graduates report median base salaries of $85,000. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and ten years of work experience. This school ranks No. 60 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$37,635
GMAT requirement	No
Graduation rate	45%

Stetson University-GettyImages-838125798

50. Stetson University

DeLand, FL

Stetson University's online MBA doesn't require recommendation letters but looks for TOEFL or IELTS scores from international applicants. Courses average 18 students, and the business school has 62 faculty members. July 15 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.24. The 2022–23 one-year retention rate was 63%. This school ranks No. 85 on our main best online MBA programs list.

Acceptance rate	99%
Approx. total tuition, out-of-state	$37,800
GMAT requirement	No
Graduation rate	64%

51. Northwood University

Hillsborough County, FL

Northwood University's online MBA requires TOEFL or IELTS scores from non-native English speakers. Standardized test scores and recommendation letters aren't required. Core online classes average 15 students. The business school has 36 faculty members. July 26 is the fall 2024 application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.3. This school ranks No. 74 on our main best online MBA programs list.

Acceptance rate	89%
Approx. total tuition, out-of-state	$37,980
GMAT requirement	No
Graduation rate	78%

52. East Carolina University

Greenville, NC

East Carolina University's online MBA, the first fully online MBA program in North Carolina, requires TOEFL, IELTS, or PTE scores from international students, and GMAT or GRE scores from all applicants. Courses average 33 students. Recommendation letters aren't considered. August 1 is the fall 2024 application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.29. The 2022-23 one-year retention rate was 74%. This school ranks No. 73 on our main best online MBA programs list.

Acceptance rate	86%
Approx. total tuition, out-of-state	$38,291
GMAT requirement	Yes
Graduation rate	53%

53. University of Cincinnati (Lindner)

Cincinnati, OH

The University of Cincinnati's online MBA program doesn't require GMAT and GRE scores. Applicants can submit them to better demonstrate their academic ability and aptitude to the admissions committee. The school requires two recommendation letters. Alumni report a median base salary of $93,000 three months post-graduation. The application deadline is July 31. Fall 2023 enrollees had an average undergraduate GPA of 3.44 and nine years of work experience. This school ranks No. 15 on our main best online MBA programs list.

Acceptance rate	81%
Approx. total tuition, out-of-state	$38,570
GMAT requirement	No
Graduation rate	84%

54. Louisiana State University

Baton Rouge, LA

Louisiana State University's Online Flores MBA Program offers waivers for GRE and GMAT scores but requires TOEFL or IELTS for non-native English speakers. Core online classes average 78 students, with an average of 8 years of work experience before enrolling. The application deadline is August 12. Fall 2023 enrollees had an average undergraduate GPA of 3.15 and eight years of work experience. This school ranks No. 35 on our main best online MBA programs list.

Acceptance rate	81%
Approx. total tuition, out-of-state	$39,960
GMAT requirement	Yes
Graduation rate	74%

55. Clarkson University

Potsdam, NY

Clarkson University's online MBA program requires GMAT scores unless applicants have at least three years of full-time work experience, a Master's degree, or a 3.3+ GPA. English proficiency can be demonstrated with TOEFL, TOEFL Essentials, IELTS, PTE, or Duolingo English Test scores. Core online courses average 13 students, and two recommendation letters are required. The business school has 52 faculty members, and applications are accepted on a rolling basis. Fall 2023 enrollees had an average undergraduate GPA of 3.39 and five years of work experience. This school ranks No. 49 on our main best online MBA programs list.

Acceptance rate	94%
Approx. total tuition, out-of-state	$41,790
GMAT requirement	Yes
Graduation rate	84%

56. University of Delaware (Lerner)

Newark, DE

The University of Delaware requires students to complete 44 credits to graduate. Non-native English-speaking applicants must submit TOEFL and IELTS scores. Applicants aren't required to submit GMAT/GRE scores but are encouraged to do so if they have a low undergraduate GPA. Alumni report median base salaries of $119,185 post-graduation. The business school employs 40 faculty members and averages 35 students per core online course. The application deadline is August 13. Fall 2023 enrollees had an average undergraduate GPA of 3.35 and eight years of work experience. This school ranks No. 24 on our main best online MBA programs list.

Acceptance rate	77%
Approx. total tuition, out-of-state	$41,800
GMAT requirement	No
Graduation rate	80%

57. Colorado State University

Fort Collins, CO

Colorado State University's online MBA program requires English proficiency exams for international students, accepting TOEFL, IELTS, PTE, and Duolingo scores. It accepts both GRE and GMAT scores but converts GRE to GMAT. Three recommendation letters are required. Core courses average 46 students with 10.6 years of work experience. Median base salaries rose from $78,600 to $100,000 within a year of graduation. The fall 2024 semester application deadline is July 1. Fall 2023 enrollees had an average undergraduate GPA of 3.10 and 10.6 years of work experience. This school ranks No. 48 on our main best online MBA programs list.

Acceptance rate	90%
Approx. total tuition, out-of-state	$41,916
GMAT requirement	Yes
Graduation rate	60%

58. Virginia Commonwealth University

Richmond, VA

VCU's evening MBA online program has a test-optional admission policy and requires three recommendation letters. International students must prove English proficiency via TOEFL, IELTS, Duolingo, or PTE. Core courses average 27 students, and the fall admission deadline is July 1. Fall 2023 enrollees had an average undergraduate GPA of 3.17 and eight years of work experience. This school ranks No. 39 on our main best online MBA programs list.

Acceptance rate	79%
Approx. total tuition, out-of-state	$41,985
GMAT requirement	No
Graduation rate	93%

59. James Madison University

Harrisonburg, VA

James Madison University's online MBA program requires GMAT scores but will accept GRE scores instead. Non-native English speakers must submit TOEFL, IELTS, or Duolingo scores. It also requires two recommendation letters. Classes average 22 students, with students reporting 9.5 years of professional work experience prior to enrollment. Fall 2023 enrollees had an average undergraduate GPA of 3.10 and 9.5 years of work experience. This school ranks No. 18 on our main best online MBA programs list.

Acceptance rate	80%
Approx. total tuition, out-of-state	$42,000
GMAT requirement	No
Graduation rate	92%

60. Saint Joseph's University (Haub)

Philadelphia, PA

Saint Joseph's University's Haub School of Business offers a 36-credit online MBA program with rolling admission deadlines. Non-native English speakers must submit TOEFL, IELTS, or Duolingo scores. Standardized test scores are required for those with a 2.99 GPA or lower, no terminal degree, or no work experience. One recommendation letter is required, but two are requested. The program consists of 12 courses: six core courses forming the business administration certificate and six free electives. Fall 2023 enrollees had an average undergraduate GPA of 3.35 and 5.8 years of work experience. This school ranks No. 44 on our main best online MBA programs list.

Acceptance rate	54%
Approx. total tuition, out-of-state	$42,912
GMAT requirement	Yes
Graduation rate	65%

61. Andrews University

Berrien Springs, MI

For international students, Andrews University's online MBA program seeks a TOEFL internet-based test score of 80, an IELTS of 6.5, or a Duolingo score of 110. While GRE scores aren't accepted, a typical successful candidate has an index score exceeding 1000. Two recommendation letters are required. The business school employs ten faculty members, and students need a minimum of 33 credits to graduate. Fall 2023 enrollees had an average undergraduate GPA of 3.0 and two years of work experience. The 2022–23 school year had a one-year retention rate of 50%. This school ranks No. 92 on our main best online MBA programs list.

Acceptance rate	80%
Approx. total tuition, out-of-state	$43,494
GMAT requirement	Yes
Graduation rate	39%

62. University of Dayton

Dayton, OH

The University of Dayton's online MBA program doesn't require standardized testing. International students can demonstrate English proficiency via TOEFL, IELTS, ITEP, PTE, or Duolingo. Two recommendation letters are needed. Core classes average 13 students. Admission is on a rolling cycle. Fall 2023 enrollees had an average undergraduate GPA of 3.30 and 4.8 years of work experience. This school ranks No. 59 on our main best online MBA programs list.

Acceptance rate	96%
Approx. total tuition, out-of-state	$43,800
GMAT requirement	No
Graduation rate	76%

63. George Mason University (Costello)

Fairfax, VA

George Mason University's online MBA requires international students to submit English proficiency exam scores (TOEFL minimum 88, with 20 points in each band; IELTS, Duolingo, and Pearson also accepted). GMAT or GRE scores aren't required, but one recommendation is needed. Applications are accepted on a rolling basis. Fall 2023 enrollees had an average undergraduate GPA of 3.15 and 9.1 years of work experience. This school ranks No. 64 on our main best online MBA programs list.

Acceptance rate	87%
Approx. total tuition, out-of-state	$44,592
GMAT requirement	No
Graduation rate	69%

64. Worcester Polytechnic Institute

Worcester, MA

Worcester Polytechnic Institute's online MBA has rolling admissions and a test-optional policy. Three recommendation letters are required, and international students must prove English proficiency. Core courses average about 35 students. Fall 2023 enrollees had an average undergraduate GPA of 3.54 and seven years of work experience. This school ranks No. 58 on our main best online MBA programs list.

Acceptance rate	83%
Approx. total tuition, out-of-state	$45,000
GMAT requirement	No
Graduation rate	67%

65. Texas Tech University (Rawls)

Lubbock, TX

Texas Tech University's Rawls College of Business offers a 42-credit-hour Online MBA program. International applicants must demonstrate English proficiency through one of these exams: Duolingo, TOEFL, IELTS, PTE Academic, Cambridge CPE, or Cambridge CAE. While GMAT or GRE scores are mandatory, a waiver may be granted for those with a GPA of 3.75 or above. The program requires one letter of recommendation and averages around 45 students per course. Applicants should have at least three years of prior work experience. July 1 is the deadline for fall 2024 applications. Fall 2023 enrollees had an average undergraduate GPA of 3.55 and three years of work experience. This school ranks No. 51 on our main best online MBA programs list.

Acceptance rate	86%
Approx. total tuition, out-of-state	$46,536
GMAT requirement	Yes
Graduation rate	72%

66. Lehigh University

Bethlehem, PA

Lehigh University's FLEX MBA program doesn't require GMAT or GRE scores but accepts them. International students must submit TOEFL (minimum score 94), IELTS, or Duolingo English proficiency exam scores. Two letters of recommendation are required. Alumni report base annual salaries of $125,000 four months post-graduation. The business school employs 111 faculty members. July 15 is the application deadline for fall 2024. Fall 2023 enrollees had an average undergraduate GPA of 3.36 and 8.6 years of work experience. The 2022–23 one-year retention rate was 75%. This school ranks No. 54 on our main best online MBA programs list.

Acceptance rate	74%
Approx. total tuition, out-of-state	$48,240
GMAT requirement	No
Graduation rate	50%

67. University of Connecticut

Storrs, CT

The University of Connecticut offers a 42-credit online MBA program that's standardized test-optional. International applicants, however, must submit English proficiency exams. Two letters of recommendation are required for prospective entrants. Core courses average 48 students each. For fall 2024 consideration, applicants should submit by July 24. Fall 2023 enrollees had an average undergraduate GPA of 3.41 and 6.8 years of work experience. This school ranks No. 36 on our main best online MBA programs list.

Acceptance rate	88%
Approx. total tuition, out-of-state	$48,300
GMAT requirement	No
Graduation rate	48%

68. Baylor University

Waco, TX

Baylor University's online MBA accepts TOEFL scores of at least 100, as well as IELTS and Duolingo English test scores. While GRE and GMAT scores are accepted, they're not mandatory. Admission requires two recommendation letters. Within 12 months, graduates earn a median base salary of $115,000. The program averages 41 students per course and has 219 faculty members. Students can complete the program in under 14 months, according to the university. October 1 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.14 and ten years of work experience. The 2022–23 school year saw a 59% one-year retention rate. This school ranks No. 37 on our main best online MBA programs list.

Acceptance rate	79%
Approx. total tuition, out-of-state	$49,938
GMAT requirement	No
Graduation rate	69%

69. University of Texas–Dallas

Richardson, TX

The University of Texas‚Dallas online Global Leadership MBA requires international students to submit a minimum TOEFL score of 80. GRE and GMAT scores aren't required but are accepted. However, the school requires three recommendation letters. The program offers two academic certificates, including Business Analytics and AI and Emerging Technologies concentrations. Alumni report a median base salary of $105,304 one year post-graduation. The fall enrollment application deadline is August 1. Fall 2023 enrollees had an average undergraduate GPA of 3.08 and 14 years of work experience This school ranks No. 10 on our main best online MBA programs list.

Acceptance rate	76%
Approx. total tuition, out-of-state	$53,000
GMAT requirement	No
Graduation rate	70%

70. New Jersey Institute of Technology

Newark, NJ

New Jersey Institute of Technology's online MBA waives standardized testing for candidates with bachelor's degrees and a minimum 2.8 GPA from accredited institutions, or those with advanced degrees. Non-native English speakers must submit TOEFL, IELTS, or Duolingo scores. One recommendation letter is required. August 1 is the fall 2024 application deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.30. This school ranks No. 69 on our main best online MBA programs list.

Acceptance rate	54%
Approx. total tuition, out-of-state	$54,864
GMAT requirement	Yes
Graduation rate	59%

71. Wright State University (Soin)

Greene County, OH

Wright State University's online MBA doesn't require standardized testing for most applicants; those with a 3.0+ undergraduate GPA are exempt. Applicants must list three references. International students must submit TOEFL, IELTS, or Duolingo scores. Core classes average 14 students. July 1 is the fall admission deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.41. This school ranks No. 88 on our main best online MBA programs list.

Acceptance rate	79%
Approx. total tuition, out-of-state	$57,893
GMAT requirement	Yes
Graduation rate	43%

72. Villanova University

Villanova, PA

At Villanova, standardized test scores are required to apply, but waivers are available on a case-by-case basis. Three recommendation letters are also needed, and international students must take the TOEFL exam. In total, Villanova's business school has 224 faculty members. The fall admission application deadline is July 15. Fall 2023 enrollees had an average undergraduate GPA of 3.40 and 9.8 years of work experience. This school ranks No. 23 on our main best online MBA programs list.

Acceptance rate	89%
Approx. total tuition, out-of-state	$62,400
GMAT requirement	Yes
Graduation rate	65%

73. University of Michigan–Dearborn

Dearborn, MI

The University of Michigan–Dearborn's online MBA generally doesn't require standardized testing, but GRE scores may be requested if more information is needed. International students must prove English proficiency via TOEFL, IELTS, or Duolingo. One recommendation letter is required. August 1 is the fall admission deadline. Fall 2023 enrollees had an average undergraduate GPA of 3.39 and five years of work experience. The 2022–23 one-year retention rate was 67%. This school ranks No. 84 on our main best online MBA programs list.

Acceptance rate	76%
Approx. total tuition, out-of-state	$66,240
GMAT requirement	No
Graduation rate	50%

74. Arizona State University (Carey)

Tempe, AZ

For Arizona State University's W. P. Carey School of Business online MBA program, international students must prove English proficiency through TOEFL, IELTS, PTE, or Duolingo exams. Standardized tests are optional. The program requires two recommendation letters and has an average class size of 44 students. The school employs 366 faculty members. Typically, students have around seven years of work experience and a pre-enrollment salary of $81,000. The application deadline is July 1. Fall 2023 enrollees had an average undergraduate GPA of 3.29 and seven years of work experience This school ranks No. 6 on our main best online MBA programs list.

Acceptance rate	77%
Approx. total tuition, out-of-state	$67,081
GMAT requirement	No
Graduation rate	97%

75. College of William & Mary (Raymond A. Mason School of Business)

Williamsburg, VA

The College of William & Mary's online MBA program doesn't require standardized testing to apply. Two recommendation letters are needed, and international students must submit a TOEFL score (exceptions apply). According to the program, what makes it unique is its "excellent faculty, rigorous coursework and a sense of belonging instilled through our dedicated community." The fall admission application deadline is July 26. Fall 2023 enrollees had an average undergraduate GPA of 3.20 and 6.6 years of work experience. This school ranks No. 34 on our main best online MBA programs list.

Acceptance rate	92%
Approx. total tuition, out-of-state	$69,825
GMAT requirement	No
Graduation rate	86%

76. University of Pittsburgh (Katz)

Pittsburgh, PA

The University of Pittsburgh's Katz PMBA experience uses a "test-optional" admissions process for all its programs, so GMAT or GRE scores aren't required. The online program requires two recommendation letters. Students report a median base salary of $69,700 before enrollment and $93,000 post-graduation. International students must submit TOEFL, IELTS, or Duolingo scores. The application deadline is July 1. Fall 2023 enrollees had an average undergraduate GPA of 3.46 and 5.5 years of work experience. This school ranks No. 14 on our main best online MBA programs list.

Acceptance rate	83%
Approx. total tuition, out-of-state	$73,530
GMAT requirement	Yes
Graduation rate	68%

77. University of Denver (Daniels)

Denver, CO

The University of Denver (Daniels) online MBA is test-optional. International students must demonstrate English proficiency via TOEFL or IELTS exam scores. Two recommendation letters are required. August 15 is the fall admission deadline. Alumni reported median base salaries of $120,000 four months post-graduation. Fall 2023 enrollees had an average undergraduate GPA of 3.18 and 6.8 years of work experience. This school ranks No. 56 on our main best online MBA programs list.

Acceptance rate	77%
Approx. total tuition, out-of-state	$82,980
GMAT requirement	No
Graduation rate	47%

78. Hult International Business School

Cambridge, MA

Hult International Business School's Global Online MBA program requires TOEFL, IELTS, or Cambridge ESOL scores from international students. However, standardized test scores are optional. The school's current online student body comes from 63 different countries. Core courses average 41 students, bringing an average of 12 years of work experience. The U.S. residents' application deadline is September 7. Fall 2023 enrollees had an average undergraduate GPA of 3.13 and 12.1 years of work experience. This school ranks No. 28 on our main best online MBA programs list.

Acceptance rate	63%
Approx. total tuition, out-of-state	$84,000
GMAT requirement	No
Graduation rate	91%

79. Santa Clara University (Leavey)

Santa Clara, CA

Santa Clara University's online MBA program waives standardized test scores for students who "can demonstrate quantitative aptitude." The program requires two recommendation letters for all entrants and TOEFL, IELTS, or Duolingo scores for international applicants. The fall 2024 application deadline is August 30. Fall 2023 enrollees had an average undergraduate GPA of 3.15 and nine years of work experience. This school ranks No. 16 on our main best online MBA programs list.

Acceptance rate	88%
Approx. total tuition, out-of-state	$92,960
GMAT requirement	No
Graduation rate	66%

80. Southern Methodist University (Cox)

Dallas, TX

Southern Methodist University's 52-credit Cox School of Business online MBA program doesn't require English proficiency exams for international students. Standardized test scores are optional, and the school doesn't require recommendation letters. Core online courses average 16 students. Students report a median base salary of $75,000 before entering the program and $127,500 post-graduation. The application deadline is July 1. Fall 2023 enrollees had an average undergraduate GPA of 3.14 and 5.2 years of work experience. This school ranks No. 12 on our main best online MBA programs list.

Acceptance rate	71%
Approx. total tuition, out-of-state	$93,444
GMAT requirement	Yes
Graduation rate	86%

81. University of Maryland (Smith)

College Park, MD

UMD Smith's online MBA is test-optional, but scores may be submitted to enhance an application. International applicants must submit proof of English proficiency via TOEFL or IELTS. One recommendation letter is required. Core courses average 26 students. The fall admission application deadline is August 15. Fall 2023 enrollees had an average undergraduate GPA of 3.60 and 4.4 years of work experience. The 2022-23 one-year retention rate was 75%. This school ranks No. 25 on our main best online MBA programs list.

Acceptance rate	83%
Approx. total tuition, out-of-state	$93,582
GMAT requirement	No
Graduation rate	89%

82. Indiana University–Bloomington (Kelley)

Bloomington, IN

The Kelley Direct Online MBA Program at Indiana University–Bloomington requires international students to achieve a minimum TOEFL score of 100. While standardized test scores aren't required, a recommendation letter is mandatory for all applicants. With a team of over 360 full-time faculty members, the program is primarily online but includes some in-person components. July 1 is the application deadline for fall 2024 enrollment. Graduates report a median base salary of $119,400. Fall 2023 enrollees had an average undergraduate GPA of 3.42 and eight years of work experience. This school ranks No. 1 on our main best online MBA programs list.

Acceptance rate	30%
Approx. total tuition, out-of-state	$94,944
GMAT requirement	No
Graduation rate	87%

83. American University (Kogod)

Washington, DC

American University's Kogod School of Business online MBA requires international students to have a minimum TOEFL score of 100 and provide two recommendation letters. GMAT or GRE scores are optional. Classes average 10 students with 4.6 years of professional experience. The median base salary for fall 2023 entrants is $65,000. The school has 212 faculty members. August 15 is the application deadline. Fall 2023 enrollees had an average undergraduate GPA of 2.85 and 4.6 years of work experience. The 2022-23 one-year retention rate was 65%. This school ranks No. 80 on our main best online MBA programs list.

Acceptance rate	48%
Approx. total tuition, out-of-state	$96,000
GMAT requirement	No
Graduation rate	58%

84. University of Washington (Foster)

Seattle, WA

University of Washington's hybrid MBA does not require submission of admission exam scores, but applicants are welcome to submit a test score to demonstrate quantitative ability and program readiness. Two guided assessments/recommendations are required to apply. In core classes, the average number of students is 72. International students cannot generally apply for the program unless they have a U.S. employment visa. The final round deadline to apply for fall admission is June 15. Four months post-graduation, alumni earn about $155,000 in median annual salary. The total program cost is $93,000 and 62 credits are needed to graduate. The average undergraduate GPA for fall 2023 enrollees was 3.4, and the average number of work prior experience for those same students was 7.7. This school ranks No. 4 on our main best online MBA programs list.

Acceptance rate	47%
Approx. total tuition, out-of-state	$96,000
GMAT requirement	No
Graduation rate	100%

85. Syracuse University (Whitman)

Syracuse, NY

Syracuse University's 54-credit online MBA program takes a holistic approach when reviewing applications, considering professional and academic experience. Therefore, it doesn't require GMAT or GRE scores, but they can still be submitted. New students report a median base salary of $100,000 before entering the program, which increases to $125,000 after graduation. The university offers four application deadlines throughout the school year. Fall 2023 enrollees had an average undergraduate GPA of 3.22 and ten years of work experience. This school ranks No. 33 on our main best online MBA programs list.

Acceptance rate	89%
Approx. total tuition, out-of-state	$101,088
GMAT requirement	Yes
Graduation rate	64%

86. North Carolina State University (Poole)

Raleigh, NC

NC State's online MBA program is test-optional but requires two recommendation letters. International students must submit proof of English proficiency via TOEFL, IELTS, or Duolingo. Core courses average 67 students. Students earn median annual salaries of $125,000 four months post-graduation. The fall admission application deadline for domestic students is May 1. Fall 2023 enrollees had an average undergraduate GPA of 3.18 and 7.8 years of work experience. This school ranks No. 26 on our main best online MBA programs list.

Acceptance rate	74%
Approx. total tuition, out-of-state	$101,685
GMAT requirement	No
Graduation rate	77%

87. Pepperdine University (Graziadio)

Malibu, CA

Pepperdine University's Graziadio Business School online MBA program doesn't require GMAT or GRE test scores but does require English proficiency exam scores. The school seeks one recommendation letter from applicants. The fall 2024 program application deadline is June 25. Fall 2023 enrollees had an average undergraduate GPA of 3.13 and seven years of work experience. This school ranks No. 17 on our main best online MBA programs list.

Acceptance rate	77%
Approx. total tuition, out-of-state	$109,980
GMAT requirement	Yes
Graduation rate	70%

88. George Washington University

Washington, DC

George Washington University's online MBA doesn't require GMAT or GRE scores, but they can be submitted. International students must submit TOEFL (minimum score 100) or IELTS scores. One recommendation letter is required. Entrants average 6.7 years of work experience and a median base salary of $82,500. Fall 2023 enrollees had an average undergraduate GPA of 3.02 and 6.7 years of work experience. The 2022-23 one-year retention rate was 71%. This school ranks No. 61 on our main best online MBA programs list.

Acceptance rate	67%
Approx. total tuition, out-of-state	$112,530
GMAT requirement	No
Graduation rate	53%

89. Rice University (Jones)

Houston, TX

Rice University's online MBA program waives standardized test scores for applicants with over three years of professional full-time work experience, a terminal degree (M.D. or PhD), a master's degree in a STEM field, a professional certification (CFA or CPA), or those submitting an Executive Assessment Score. Recommendation letters are required—either one from a direct supervisor or two from non-direct supervisors. The MBA@Rice program's fall 2024 application deadline is May 24. Fall 2023 enrollees had an average undergraduate GPA of 3.39 and 7.2 years of work experience This school ranks No. 7 on our main best online MBA programs list.

Acceptance rate	72%
Approx. total tuition, out-of-state	$115,020
GMAT requirement	Yes
Graduation rate	88%

90. University of Southern California (Marshall)

Los Angeles, CA

USC's Marshall School of Business accepts but doesn't require test scores for applications. One recommendation letter is needed, and international students must submit a TOEFL score. Core classes average about 55 students, and the school has 352 business school faculty. The fall admission application deadline is May 28. Fall 2023 enrollees had an average undergraduate GPA of 3.19 and 8.1 years of work experience This school ranks No. 5 on our main best online MBA programs list.

Acceptance rate	47%
Approx. total tuition, out-of-state	$123,471
GMAT requirement	No
Graduation rate	91%

University of North Carolina Chapel Hill's Wilson Library in the middle of campus.

91. University of North Carolina–Chapel Hill (Kenan-Flagler)

Chapel Hill, NC

The MBA@UNC program requires GMAT or GRE scores for applicants with less than five years of professional experience, though other waivers may apply. For international students, proof of English proficiency can be submitted via TOEFL iBT, IELTS, or PTE Academic Exam. Two recommendation letters are also necessary. Core courses have an average class size of about 16 students. Graduates report median base salaries of approximately $130,000 five months after completing the program. The program offers four start dates annually (January, April, July, and October). Fall 2023 enrollees had an average undergraduate GPA of 3.37 and 9.4 years of work experience. This school ranks No. 3 on our main best online MBA programs list.

Acceptance rate	59%
Approx. total tuition, out-of-state	$125,589
GMAT requirement	Yes
Graduation rate	90%

92. Carnegie Mellon University (Tepper)

Pittsburgh, PA

Carnegie Mellon University's Tepper Online Hybrid MBA program offers nationwide remote learning opportunities. While the GMAT, GRE, and Executive Assessment (EA) are accepted, test scores can be waived upon request. Applicants with two or more years of professional experience can also have the two required recommendation letters waived. With 125 faculty members, the program maintains an average class size of 34 students. Fall 2023 entrants saw their median base salary rise from $111,000 pre-enrollment to about $150,750 a year after graduation. Interested candidates can choose from five application deadlines throughout the year. The average undergraduate GPA and work experience for fall 2023 enrollees were 3.37 and 6.4 years, respectively. This school ranks No. 2 on our main best online MBA programs list.

Acceptance rate	80%
Approx. total tuition, out-of-state	$145,536
GMAT requirement	Yes
Graduation rate	95%

UC Davis Master of Management

The online Master of Management from UC Davis is a graduate business degree designed for recent college graduates, ambitious young professionals and career-changers aspiring to leadership roles.

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Methodology

Fortune contacted more than 200 schools for its main online MBA list and nearly 100 responded with a completed questionnaire. As part of the survey, schools provided us with the tuition per credit of their online classes. To get the approximate total tuition, Fortune multiplied it by the total number of credits to graduate. The final tuition number alone was used to create this ranking.

Do note that prices are estimates, and one's exact tuition cost will vary depending on location and number of credits—not to mention a varying number of fees.

Learn more: Read Fortune's main online MBA ranking methodology.

Online MBA career paths

What is an MBA, and what will you learn in an online program?

An MBA, or Master of Business Administration, is a globally recognized graduate degree focused on business management and leadership. The program equips graduates to lead organizations across various sectors and sizes. Available formats include online, in-person, and hybrid options. The primary difference between business school online vs on-campus is the mode of delivery; the curriculum typically remains consistent, with online classes often taught by the same faculty.

General curriculum and skills taught

Business schools usually require MBA students to complete a core set of courses, including subjects like accounting, marketing, finance, and management. These core courses may represent approximately half of the MBA curriculum, and they remain consistent across different schools and program formats.

Throughout the program, students gain both technical skills—such as statistical analysis and financial statement interpretation—and soft skills, such as team management and ethical decision-making in the business environment.

Capstone (final project)

In many business schools, MBA students complete a capstone project before graduation, often in a team setting. These projects are designed to simulate real-world business challenges that leaders face. Some schools partner with local businesses or organizations to create these experiences.

A capstone project serves as a graduation requirement, similar to a thesis. However, while a thesis focuses on individual research and theory, capstone projects emphasize practical, solution-oriented teamwork.

Specializations and concentrations

The core curriculum of an MBA provides a broad understanding of business and management principles. To gain expertise in a specific area, MBA students can choose from a variety of concentrations that enhance their general business education.

Popular concentrations may include:

Admissions information

Admission requirements vary by business school but generally include:

A completed bachelor's degree, verified through an official transcript
A résumé showcasing relevant academic and professional experience
A personal statement or essay to highlight the applicant's individuality
Letters of recommendation from professionals such as supervisors, professors, or alumni
Increasingly, GMAT and GRE scores are optional, with many programs offering waivers based on undergraduate GPA or work experience
Some online programs may also conduct interviews as part of the admissions process

GMAT, GRE, and GPA

The GMAT has traditionally been the preferred standardized test for MBA applicants, while the GRE has been used for other graduate programs. Many online MBA programs accept either test, but an increasing number of schools are waiving the requirement or offering alternatives like GPA-based waivers.

Programs generally do not enforce strict GPA minimums, but applicants with lower undergraduate GPAs may choose to provide standardized test scores to strengthen their applications.

Which factors drive acceptance?

Online MBA programs consider a holistic view of an applicant's educational and professional background. Test scores are becoming less important, leading many programs to focus more on personal statements and recommendations when making admissions decisions.

The online MBA experience: What is it like to study online?

Online MBA students often balance part-time studies with work and family responsibilities. Many programs aim to replicate the in-person experience by offering online networking events, career services, and even short on-campus residencies.

Business schools typically offer a mix of live (synchronous) and flexible (asynchronous) learning options, allowing students to choose between attending classes in real time or viewing them at their convenience. Even in a virtual format, students collaborate on group projects and participate in discussions through video-conferencing tools.

How to choose the best online MBA for you: Factors to consider beyond rankings

While rankings are helpful, prospective students should also consider other factors when selecting an online MBA program. These include program cost, the institution's reputation, the strength of its alumni network, and available concentration options. Students may also want to consider the program's flexibility and duration, especially if they wish to complete their degree quickly.

Accreditation

Accreditation is crucial when choosing what business school to attend, as it indicates a school's quality and curriculum rigor. The Association to Advance Collegiate Schools of Business (AACSB) is a prominent accrediting body that evaluates business programs to ensure they prepare students effectively.

AACSB accreditation is held by only 6% of business schools worldwide, yet 96% of graduates from these schools report employment success.

Start times, schedule, and program length

About half of the top-ranked online MBA programs offer rolling admissions, allowing students to start at various times throughout the year. Many students pursue the degree while working full-time, and some programs offer accelerated options to complete the degree in as little as one year. This flexibility is a significant draw for professionals looking to advance their careers or switch fields efficiently.

Prestige

The prestige of an MBA program often extends from its on-campus reputation. A school's local or national recognition may influence students, especially those planning to change careers post-graduation. Recruiters may also favor graduates from programs with strong track records in specific concentrations or industries.

Concentrations

MBA students typically enter their programs with career goals, which may influence their choice of concentration. Business schools located near industry hubs, like tech or finance centers, can be particularly beneficial for students pursuing careers in those fields.

Learn more: Check out Fortune's list of the best online MBA programs by concentration:

Cost

Online MBA tuition can range significantly, from $10,000 to over $100,000. Scholarships and employer reimbursement may be available, but many students finance their education through loans. Federal loans allow graduate students to borrow up to $20,500 annually, though these come with higher interest rates.

Network and access to alumni

An MBA's value extends beyond the classroom through the networks built among peers and alumni. Program size and the strength of alumni connections can impact career advancement opportunities, making it an important consideration for applicants.

Immersive experiences (on-campus visits)

Many online MBA programs offer immersive elements like on-campus visits or international study opportunities. These experiences help students build connections with peers and faculty, providing a blend of online and in-person learning.

Internship facilitation

Gaining practical experience is key for MBA students, and internships play a vital role. While no program guarantees placements, universities often offer varying levels of career support to assist students in securing valuable internships.

Careers for MBA graduates

Graduating from business school opens doors to more career opportunities and higher salaries. The projected median salary for new graduates is around $120,000, which is roughly 60% higher than those with only a bachelor's degree. However, salary ranges vary based on factors like location, industry, and experience.

MBA graduates often find roles in tech, finance, entrepreneurship, and other fields. Many pursue the degree to advance within their companies, switch careers, or start their businesses. Common job titles include:

Founder
Chief of staff
Project manager
Brand manager
Consultant
Business analyst
Financial analyst
Marketing director
Sales manager
IT manager

Over time, some graduates rise to c-suite roles such as CFO, CEO, or CIO.

Financing and scholarships

There are several ways to finance an MBA: self-funding, employer reimbursement, and loans or scholarships. Many schools offer scholarships based on merit or need, though full-ride options are rare.

Employers may reimburse tuition costs but often require graduates to remain with the company for a set period post-graduation. Additionally, military veterans may use benefits like the Post-9/11 GI Bill or the Yellow Ribbon Program to cover tuition and fees.

Frequently asked questions

Is an online MBA taken seriously?

Yes, an online MBA is taken as seriously as a traditional MBA program. In many cases, the curriculum and faculty are the same no matter the format. Employers, too, generally do not tend to care about one's MBA format as long as they can translate the appropriate skills.

What is the cheapest MBA college in the US?

University of Texas Permian Basin is home to the cheapest MBA program in the U.S. Students should expect to pay close to $10,000 in tuition and fees.

Can I get an MBA for free online?

No, you cannot get an MBA for free. Some schools have ways to obtain an MBA degree fully online and for less than $20,000. However, more prestigious programs may cost over $100,000.