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Top 5 Online MBA Programs in Business Administration

  1. 1University of Phoenix

    Similar to the University of Phoenix's other progressive online MBA programs, the school's online MBA in accounting provides an extensive staff of knowledgeable academic advisors to prepare its students for management-level accounting work. Focusing on contemporary economic conditions, Phoenix's program will give MBA graduates a cutting-edge understanding of current accounting technology and tools, as well as an understanding of financial statements, cost behavior, budgets, and how to make informed executive decisions. Along with CPA test prep courses, students will be required to take a graduate-level accounting course and courses, such as Applied Business Research and Statistics, Corporate Finance, Economics, and Strategic Planning and Implementation.

  2. 2Capella University

    As the brainchild of a former CEO, Capella University has become one of the most well respected online educational institutions for adult learning. Capella today offers 136 specialized areas of study, including an online MBA in accounting. Capella\’s online master\’s of business administration in accounting pairs general business courses such as Applied Managerial Statistics, Leading for Results, and Leading Teams with specialized accounting courses such as Budget Planning and Control, Accounting Information for Decision Making, and Advanced Accounting. All students in the MBA accounting online program are also required to take an accounting capstone course in their final quarter to tie all of their new skills and knowledge together.

  3. 6Benedictine University

    The online MBA program in advanced accounting offered by Benedictine University is designed to provide students with a solid background in high level corporate financing and advanced accounting methods in particular. All facets of accounting theory and practice are covered as part of the program. There are both standard and advanced accounting courses to choose from, and the popular courses, including Financial Accounting and the Theory and Practice of Financial Reporting, are perfect examples of these different levels offered within the program. For individuals who are considering a full-fledged MBA at some point in the future, the credits accrued as part of this program may be applied toward that degree.

  4. 9Jones International University

    Jones International University prides itself on creating an accounting program specifically designed to meet the American Institute of Certified Public Account's 150 credit hour requirement. This includes an excellent program for an online MBA in accounting. The accounting MBA online includes courses in accounting and management, as well as business administration courses, such as Making Ethical Management Decisions, Economic Theory and Applications, Managerial Accounting, Financial Management, and Marketing Management. There are also accounting-specific courses in Auditing, Advanced Accounting, and Forensic Accounting. The online MBA in accounting requires prior coursework in accounting and an understanding of strategic management. A capstone course and five specialization courses are also required before graduation.

  5. 10Grand Canyon University

    Grand Canyon University's accounting MBA online program seeks to help transform students into community leaders who are dedicated to enacting change and improving both their professional and business lives. Students enrolled in the program will develop their skills through a comprehensive course series, including classes in Organizational Behavior, Accounting Practices, Finance Principals, Applied Business Probability and Statistics, Economics, Quantitative Methods, Marketing Management, Managerial Accounting, Operations Management, Managerial Finance, and Strategic Management. Students who do not work full-time are encouraged to participate in internships during their course of study, and consult with the advisors at Grand Canyon University to find and apply for these opportunities.

  6. 11Strayer University

    Strayer University has developed a reliable reputation with employers as an institution that produces quality graduates and valuable employees through its strong curriculum and quality of instruction. Students seeking an online MBA in accounting from Strayer University will find that they have many excellent job opportunities upon graduation. Courses for this program include Financial Accounting, Contemporary Business, Leadership and Organizational Behavior, Strategic Management, Managerial Economics, Financial Management, Law, Ethics, Corporate Governance, Quantitative Methods, and Marketing Management. Accounting students are also encouraged to take additional courses that focus on accounting, like Managerial Accounting, Accounting Information Systems, and Organizational Tax Research and Planning.

  7. 12Florida Tech University Online

    U.S. News & World Report ranks Florida Tech University as a Tier 1 Best National University, making programs such as its online MBA accounting programs highly respected and successful. As part of the program, students will complete five core business courses, including Managerial Accounting and Managerial Finance. They will also complete the specialized accounting curriculum, which includes Advanced Problems and Current Topics, International Accounting and Reporting, Advanced Governmental and Nonprofit Accounting, and Strategic Cost Management. Before graduating, students are required to complete a strategic management capstone course in addition to satisfying other degree requirements, which allows them to explore their individual interests and demonstrate their learned skills.

  8. 13Saint Leo University Online

    An online MBA in accounting from Saint Leo University provides graduates with quality skills in all areas of accounting. The program also uses innovative and creative delivery tools and was voted into the Top 100 Degree Producers in Diverse Issues in Higher Education. Students at Saint Leo University complete courses in advanced business practices, including Managerial Economics, Marketing, Entrepreneurship, and Decision Support Systems. They also take accounting-specific courses, such as Financial Accounting, Corporate Finance, and Global Business Management. The program focuses on managerial skills and the courses are designed to fit into an 8-week term in order to give students focused, specific skills to implement in their current and future careers.

  9. 15American InterContinental University

    American InterContinental University prides itself on providing a culture of diversity and acceptance to each student's individual goals through carefully designed degree programs. Students pursuing an online MBA in accounting from American InterContinental University take core MBA courses, including Strategic Management, Global Finance Management, and Business Research in order to strengthen their fundamental business skills. Specialized courses, such as Accounting for Managers and Public & Not-for-Profit Accounting, help students focus on their training on important skills. Students use real-life case studies and business plans in their classes, and also have the opportunity to earn credits for internships or work experience in order to further hone their practical skills and increase their potential for career success.

Online Master’s in Business Administration

An online master’s in business administration is a two-year program that offers a comprehensive education in business and management. Students enrolled in this program will take a variety of general business courses such as accounting, management, finance, marketing and statistics. Thanks to the broad background of a business administration master’s program, students will be equipped to work in several jobs within such industries as corporate business and government. Online master’s in business administration programs are convenient for working professionals because students will have the flexibility to attend school at home and easily fit courses into their busy schedule.

What Does a Master’s in Business Administration Cover?

A master’s in business administration is a broad program that focuses on a range of business topics, including accounting, business management, strategies, sales and organizational leadership. Most master’s degrees are general in nature, so earning one in business administration will give you a comprehensive education. Instead of concentrating on a particular area of business such as accounting, marketing or entrepreneurship, you’ll be covering all of the bases with a business administration program. This is one of the best business educations students can get because they’ll graduate with a breadth of knowledge and a range of business skills that can be applied to a number of careers. Online master’s in business administration schools also expand on the foundation of economics, finance, marketing and accounting while teaching students how to think critically and apply their problem-solving skills in various management positions. Students will also focus on ethics, leadership and diversity as they relate to the business world. Through classroom instruction and professional course work, students will finish with a variety of conceptual and analytical tools to budget, organize, plan, direct and manage individuals or entire organizations. The master’s program in business administration is much like the other specialized MBAs in that it can take one to two years (or longer) to earn your degree, depending on whether you’re enrolled in full or part time. Many online master’s in business administration schools provide professional coaching to help students develop their skills and better prepare them for work.

Getting Into a Business Administration Master’s Degree Program

Students who are interested in enrolling in a master’s in business administration program, also known as a general MBA program, should possess at least a bachelor’s degree from an accredited school. The field of study that the student pursued during his or her undergraduate work does not matter, meaning that even those with a bachelor’s degree in art, science or humanities can gain admittance into a general MBA program. However, all students should have basic business and mathematical knowledge. Those who did not earn a bachelor’s degree in business may be asked to complete several courses before applying, including:

  • College Algebra
  • Management Theory
  • Foundations of Business Management

Who Should Pursue an Online Master’s in Business Administration?

The types of people who should consider pursuing an online MBA are typically those who already have an undergraduate degree in business or another related field, and have relevant managerial experience. Many high profile and high paying careers require graduate level degrees, such as a versatile MBA. Current and future business owners, entrepreneurs, high-end management consultants, investment bankers, hedge fund managers, and mergers and acquisition consultants will definitely benefit from earning an online MBA. Degree holders will have an academic advantage over their competition and a better grasp on operations management, accounting, finance, marketing and business strategy. Today’s MBA online programs provide students with relevant course work in a number of business topics, plenty of hands-on assignments, and significant opportunities to network with peers and professors. Online master’s in business administration degree plans typically include classes in marketing and brand management, operations and process management, accounting, applied managerial statistics, business strategy, negotiating, business ethics, and managing information assets and technology. Most students will complete a capstone project during their final quarter to showcase their knowledge and skills.

What Jobs Can an Online MBA Degree Get Me?

  • Financial Analyst: Financial analysts guide companies or individuals in making investment decisions. They assess the performance of stocks, bonds, commodities and any other forms of investments. Many analysts work for banks and large insurance companies that are cautious when it comes to how they manage their finances. A financial analyst will look over your portfolio and make beneficial recommendations. Opinions can be based on a business’ commodity price, sales and expenses.
  • Marketing Manager: These professionals develop marketing strategies for a company’s services or products. Marketing managers strive to find the target audience. They also handle pricing strategy as they aim to satisfy customers and increase their firms’ profits.
  • Consultant: Consultants offer direct services to companies including hiring and accounting as well as analysis of existing practices. The focus of this profession is primarily on business management in such areas as human resources, business strategies, logistics, accounting or marketing.

Top Earning Industries for Jobs

Financial Analyst:

  • Investment Banking: $44,279-$66,259
  • Information Technology Services: $44,446-$61,824

Marketing Manager:

  • Financial Services: $51,688-$82,477
  • Information Technology Services: $48,830-$79,621

Consultant:

  • Health Care: $81,313-$122,904
  • Consultancy: $69,530-$106,932

Why Should I Go to an AACSB Accredited Program?

The Association to Advance Collegiate Schools of Business is nonprofit organization that evaluates and oversees the academic quality of bachelor’s, master’s and doctoral degree programs in business administration and accounting. Accredited institutions and degree programs have received a seal of approval from a recognized accrediting agency that signifies their quality and rigor. Accreditation is crucial to the quality of your education and your future job opportunities. The reason is because most MBAs from non-accredited institutions are not recognized by employers and the course credits may not transfer to other schools. When seeking your master’s in business administration online, you need to go to a recognized university so your degree will be accepted.

How Do I Find Online Master’s in Business Administration Programs?

To find an MBA program that meets your educational and professional goals, start with some of these resources:

  • The AACSB website. Open the “accreditation” tab and click on the “AACSB-accredited institutions” section. Here you’ll find a list of accredited schools listed by name and location. Some of the biggest universities in the world can be found on this list, and many of them offer courses online.
  • U.S. News & World Report, which does annual college rankings.
  • Bloomberg Businessweek, which has MBA profiles, program evaluations and an interactive forum for current and prospective students.

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