The Top Online MBA Programs’ Acceptance Rates, Tuition, And More
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 2021 top-eight online MBA programs around the globe to help you on your journey to find the perfect MBA program.
1. Warwick Business School
2. IE Business School
3. Imperial College Business School
4. University of North Carolina: Kenan-Flager
5. Indiana University: Kelley
6. University of Florida: Warrington
7. Durham University Business School
8. Politecnico di Milano School of Management
Warwick Business School
Warwick Business School’s Warwick Distance Learning MBA program is ranked #1 by Financial Times in 2021. The cost of the program is £33,250 and lasts a total of 2 years. Each year there is a total intake of 1,185 new students, 28% 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.
IE Business School
IE Business School’s Global Online MBA program is ranked second by the Financial Times in 2021. The program concentrations range from economics to strategy and technology. The cost of the program is €51,200 and the program lasts 17–24 months. Each year the program accepts around 80 students and has an acceptance rate of 40%. The average GMAT score of successful applicants is 685 with an average undergraduate GPA of 3.4.
Imperial College Business School
The Imperial College Business School’s Global Online MBA program is ranked 3rd by the Financial Time’s 2021 Online MBA rankings. The global online MBA program is two-years in length and costs a total of £37,600. The total enrollment for the program is 283 and the program consists of 30% female and 70% male students. The acceptance rate for the program is about 66%. The GMAT is not required for acceptance, however, applicants are expected to have a minimum of 3 years of professional experience before applying.
University of North Carolina: Kenan Flager
MBA@UNC is University of North Carolina: Kenan Flager’s online MBA program. 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 870 students and the acceptance rate is 55.79%. The average GMAT score for accepted applicants is 700 with the average starting salary of graduates from the program making upwards of $159,000.
Indiana University: Kelley
The Kelley Direct Online MBA program is offered by Indiana University: Kelley Business School. The cost of the program is $78,246 and lasts between 24 and 48 months. The program has a 15% international and 8% US minority composition. Total enrollment to the program is 1,438 and has an acceptance rate of 35.65%. The average GMAT score is 670, with the average undergraduate GPA being 3.34.
University of Florida: Warrington
The University of Florida: Warrington’s online MBA program is an online-only program. The program costs $49,204 and lasts from 12–23 months. The total enrollment for the program is 530 and is 40% females and 60% males with the average age of students being 30 years. The acceptance rate for the program is 61.26%. The average GMAT score of accepted applicants is 580. Students may choose between submitting a GMAT or GRE score.
Durham University Business School
Durham University Business School offers a 2-year part-time Online MBA program. 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 £15,000 a year. Applicants do not need to submit a GMAT score to be considered for admissions.
Politecnico di Milano School of Management
Politecnico di Milano School of Management offers an International Flex Executive MBA. The program lasts 2 years and the tuition fee is €37,000. The learning is offered online with 2 face-to-face weeks with an additional 1 full week. Applicants are not required to submit a GMAT score to be considered for admissions. However, applicants are might be required to prepare for a motivational interview and take a written test before admissions. This is to uphold their rigorous selection process and maintain a diverse and academically driven cohort.
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. We here at Apex offer support for future business school students who are looking to earn admission to the best school possible. If you are looking to attend a top-tier MBA program, our admissions consultants and GMAT tutors are here to help! Schedule a 30-minute complimentary consultation call with one of our top-scoring instructors to learn how we can help you!
Contributor: Dana Coggio
