We used the following rankings to help compile our own list of the best schools
offering online MBA programs
For each ranking, we only considered schools that met the following criteria
- Based in the United States
- Offered an online MBA with minimal or no campus requirements
Preparing Our Metrics
All of the ranking lists included other types of programs that we wished to exclude, such as those with non-U.S. schools and campus-based programs. To provide the most relevant ranking possible, we modified the rankings to only consider the schools that met the above-mentioned criteria, and re-ranked them accordingly. This ensured that only the most appropriate schools and programs were rated against one another. You may see the modified rankings in each of our publisher pages.
In addition, we felt that the overall cost of an MBA program is an important factor that should be considered in evaluating the best online MBAs. For this reason, we included total average tuition as a metric. For tuition, we used the figures provided on the school’s website for a distance online MBA program as an in-state, full-time student.
For schools that did not provide a total cost estimate, we multiplied the cost-per-credit with the total number of credits required to determine the total tuition cost. Keep in mind, however, that these tuition figures could vary for different learners, based on previous education credits, financial aid, and unique personal circumstances.
As no one publisher is more valuable than another, and because we believe that tuition is just as important as being ranked by U.S. News and Businessweek, all of the metrics we used were weighted equally.
Calculating the Rankings
For each school ranked by our four chosen publishers, we determined how many publishers’ lists it appeared on, and at what rank per list. Each school was then grouped based on how many lists it was featured on; schools that appear in multiple rankings are likely to be more reputable and offer a higher-quality MBA program than those that appear in fewer rankings, so schools that appeared on all four publishers’ lists were ranked above those that appeared on only one or two.
Then, within each grouping, every school was ranked based on the average of their positions on publisher lists, as well as overall tuition. The resulting list is a composite ranking of the best online MBAs according to U.S. News, The Economist, Bloomberg Businessweek, The Financial Times, and overall tuition. In this way, our OnlineMBA.com rankings showcase only the most well-recognized and lauded distance MBA programs.
|1||Indiana University–Bloomington (Kelley)||3||5||2||3||$15,000|
|2||Thunderbird School of Global Management||25||3||N/A||11||$69,800|
|3||University of Illinois–Springfield||16||N/A||N/A||9||N/A|
|4||University of Tennessee–Martin||10||N/A||N/A||18||$16,731|
|5||Rutgers, the State University of New Jersey–New Brunswick and Newark||27||N/A||N/A||19||$16,560|
|6||North Carolina State University (Jenkins)||42||N/A||N/A||20||$14,400|
|7||George Washington University||45||N/A||N/A||14||$21,650|
|8||University of Florida (Hough)||4||N/A||1||N/A||$46,000|
|9||Pennsylvania State University–World Campus||19||N/A||N/A||8||$31,950|
|10||Arizona State University (Carey)||2||N/A||N/A||12||$54,600|
|11||University of North Carolina (Kenan-Flagler)||N/A||2||N/A||4||$102,450|
|13||Carnegie Mellon University||N/A||6||N/A||2||$132,840|
|14||Syracuse University (Whitman)||30||N/A||N/A||15||$69,876|
|16||Texas A & M University||N/A||N/A||N/A||6||$8,053|
|17||University of North Texas||20||N/A||N/A||N/A||$8,200|
|18||Arkansas State University–Jonesboro||11||N/A||N/A||N/A||$14,916|
|19||Mississippi State University||38||N/A||N/A||N/A||$9,075-13,530|
|20||Central Michigan University||6||N/A||N/A||N/A||$18,600|