Best Online MBA Programs 2018

Best Online MBA Programs 2018 – In our busy life we always want to complete our education online. It is one of the most successful online educational program, which helps students who want to pursue an MBA online. It helps the student to balance work, life and school commitments are critical for working professional.

As you might know, two years of MBA will cost around $100,000+ but now students are more interested in Online MBA since they are getting the same course at cheap.

So, I decided to create the list of Best Online MBA Programs, which we will be updating almost every year for our blog readers. But, before you jump into the list of MBA college. We would like to give you a quick guide on what to look when applying for an Online MBA.

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Best Online MBA Programs 2018

Here is the updated list of online MBA programs in 2018. We have updated it recently, soon we will be making the biggest list of collages. Do share your views with us in the commenting section. Thank you!

#01 – University of Florida

The University of Floria also known as UF. It’s located in Florida city – Est. in 1853. Highest rated University in our list. It’s one of the best options for you if you are looking for…

  • Tuition: $1,208 Per Credit
  • Graduation Rate: 87%
  • Freshman Retention Rate: 68%
  • College Choice Score: 100
  • Official Website:
  1. University of Florida
  2. The University of North Carolina at Chapel Hill
  3. Johns Hopkins University
  4. Carnegie Mellon University
  5. George Washington University
  6. University of Virginia
  7. The University of Illinois at Urbana-Champaign
  8. University of Southern California
  9. Villanova University
  10. Babson College
  11. University of Maryland
  12. University of California – Los Angeles
  13. Webster University
  14. University of Washington
  15. Pepperdine University
  16. Touro University Worldwide
  17. Lehigh University
  18. Regis University
  19. University of Minnesota
  20. Stevens Institute of Technology
  21. College of William and Mary
  22. Emory University
  23. Northeastern University
  24. Dallas Baptist University
  25. North Carolina State University at Raleigh
  26. Liberty University
  27. Missouri State University
  28. American University
  29. University of Massachusetts – Amherst
  30. University of Miami
  31. Bryan College
  32. Marist College
  33. Syracuse University
  34. Nova Southeastern University
  35. East Carolina University
  36. Colorado State University
  37. Amberton University
  38. Pennsylvania State University
  39. University of La Verne
  40. Azusa Pacific University
  41. The University of West Florida
  42. Florida International University
  43. Washington State University
  44. The University of Texas at Dallas
  45. Brandman University
  46. Oklahoma State University
  47. Corban University
  48. University of St Francis
  49. University of Wisconsin
  50. Mississippi State University
  51. Indiana University (Kelley University)
  52. Thunderbird School of Global Management
  53. Hofstra University
  54. Georgia Southern University
  55. Drexel University
  56. Suffolk University
  57. University of Houston
  58. University of Michigan-Dearborn
  59. Curtin Graduate School of Business
  60. Alfred Lerner College of Business and Economics
  61. University of Nebraska–Lincoln
  62. University of Cincinnati
  63. University of Utah
  64. Jack Welch Management Institute
  65. Florida Atlantic University

What Does MBA Stand For

What Does MBA Stand For?

MBA (Masters of Business Administration) is a Master’s Degree in Business Administration.

MBA Degree is for those who want to develops their skills in the business management. It was found in the United States in the early 20th century. Now I will help you to understand the MBA Degree / MBA Program.

When you want to start MBA course you need to pick one of below mention core subject:

  • Finance
  • Accounting
  • Human Resources
  • Marketing

Now I believe you are getting familiar with the above subjects. These are highly relevant to the strategy and analysis of management. MBA programs also have elective courses included with the core subjects.

When compared to the degrees that cover some of the same subjects, like Master of Finance, Master of Economics, Master of Science in Marketing. MBA requires the completion of twice the credits as in the other courses. MBA is both a terminal and a professional degree.

MBA Program Requirements

MBA Program Requirements

A majority of MBA programs take the admission decision on the basis of the applicant’s GPA (Grade Point Average), score in the entrance exam, academic transcripts, resume with a relevant working experience, letters of recommendation, essays, and lastly the personal interview.

Some business schools also focus on extracurricular activities and volunteer work and hence also include volunteer work and extracurricular activities as one of their requirements.

When it comes to the entrance exams, GMAT or Graduate Management Admission Test is the most prominent entrance examination that is given for admission in MBA. In addition to this, the GRE (Graduate Record Examination) is also accepted by the business schools for fulfilling the requirement of the entrance examination.

There also exist some business schools which do not give weight age to entrance examination marks and there are some which do not require entrance examination for giving admission to the aspirants.

Business schools also give a consideration to the gender ratio and also to the local-international student ratio while giving admission to the students. The work experience required for taking admission in MBA depends upon the type of MBA program you have opted for. Most of the top-tier programs demand a work experience of more than 5 years for admission in MBA.

Best Online MBA Programs

Best Online MBA Programs

Top MBA Programs, Some of the Best MBA Programs are

1. Full-Time MBA (2 years)

This program is completed in a span of 2 academic years. In the business schools of the Northern Hemisphere, MBA program often begins in the August/September of the first year until the month of May in the second year.

This academic session includes a summer break of 4 months. The students enroll for this program with a prior working experience and take classes during the weekdays.

For the full-time MBA course, the students need to have 60 credits.

2. Part-Time MBA

Part-time MBA programs usually have classes on the evenings of the weekdays, after the normal working hours or if not on the weekdays, then on the weekends.

The students who opt for this program are usually working professionals who can take a light course for a longer period to fulfill the requirements for graduation. This MBA program usually lasts for 3 years.

3. Accelerated MBA

This is a variation of 2-year programs that have a higher course load and has more intense classes and examination all condensed into this is a 1-year program. This course usually has a less time during the semester.

For instance, there is no summer break in this program and instead of 5-week vacation, the students just have 7-10 days off. The fees for the accelerated MBA is less than that of the 2 years full-time MBA program.

4. Evening MBA

Evening MBA program is a full-time program in which the classes are normally held in the weekdays evening or on the weekends and that is why is called as second-shift MBA program.

The duration of this program is of 2 years and is usually attended by students who cannot pursue a full-time MBA course.

5. Modular MBA

This program is similar to the part-time MBA programs that have a lock-step curriculum and the classes are packaged together in blocks which last from 1 to 3 weeks.

6. Executive MBA

This program is basically created for managers and executives to meet their educational needs and to allow them to have an MBA degree without compromising their jobs.

The students for this program can belong to non-profit, profit, or government company. They have a working experience of more than 10 years as compared to the other programs.

7. Distance Learning MBA

The distance learning MBA classes usually hold classes in different formats like non-interactive broadcast video, correspondence courses by mail, video conferencing, pre-recorded video, offline course, or online course. Most of the B-Schools offer distance learning MBA program.

8. MBA Dual Degree

This program combines an MBA program with other degrees as MA, MS, etc. for enabling the students to save time and money that is invested in getting two degrees.

Moreover, it enables the students to tailor their business education as per their needs. In some B-Schools, the students can earn both a Bachelor’s degree as well as the Master’s degree in just 5 years.

MBA Salary

MBA Salary

In this section, we have compiled the salaries than a person with an MBA degree gets in India. The salary of the person differs on the basis of the field chosen by the student in his MBS program.

• Marketing managers Rs 2,48,656 – Rs 1,489,940

• Human Resources (HR) Manager Rs 2,62,229 – Rs 1,359,295

• Business Development Manager Rs 2,46,936 – Rs 9,27,378

• Human Resources (HR) GeneralistRs 1,76,207 – Rs 5,95,976

• Business Development Executive Rs 1,81,207 – Rs 6,12,772

• Senior Business AnalystRs 2,93,614 – Rs 1,736,186

• Area Sales ManagerRs 3,99,000 – Rs 1,587,197

Is MBA Worth It

Is MBA Worth It?

At times, many people who want to pursue MBA, are tied up in thinking whether MBA is worth their time, efforts, and expenses or not.

For all of you, who undergo the same thinking process, let us tell you that its only worth all this if you really plan on working in a business vertical such as in a management company or want to start your own company.

For people who are working in other industries like technology, an MBA degree might not bring anything useful your way.

Moreover, not all the MBA degrees are treated as equal around the globe. Since the number of colleges, business schools and universities offering an MBA degree are increasing, the number of MBA graduates are also increasing.

Therefore, unless you do MBA from a respectable MAB program, it will not be as valuable as you might think it to be. Recruiters often do not view an MBA degree that has been earned from an unknown online program.

Hence, make sure that you do your MBA from a reputed online MBA program so that it pays off your hard work in the long run and don’t turn out to be a sheer wastage of your time and resources.

MBA Scholarships

MBA Scholarships

For the students looking forward to getting a Master’s degree from a business school based abroad, a lot of scholarships are provided.

Since a majority of International students look for financial aid in finishing their Master’s degree, a scholarship lessens this burden and ensures that the students get the best education that they deserve.

The scholarships are awarded based on nationality, professional development, gender, educational background, leadership qualities, etc. The chances of bagging a scholarship get high when you apply for them as early as possible and by completing all the formalities.

Let’s have a look at some of the scholarships that students can avail for studying abroad.

Wharton MBA Scholarship

1. Wharton MBA Scholarship

Under the Wharton Scholarship, you get a chance to get scholarships like:

  • Emerging economy fellowships for the students from emerging economies• Joseph Wharton Fellowships for students having outstanding achievements• Forté Fellowships for the female students• Howard E. Mitchell Fellowships for the outstanding students from under-represented backgrounds• Social Impact Fellowships for the students belonging to the public or not-for-profit sector

2. Harvard MBA Scholarship

One of the best universities in the world, Harvard, offers a lot of need-based scholarships for the students looking forward to pursuing MBA from their school. The students receive approximately $34,000 every year for their education. The scholarships offered by them are:

  • The Robert S. Kaplan (MBA 1983) Life Sciences Fellowship for students interested in a science-based career• Horace W. Goldsmith Fellowship

3. Stanford MBA Scholarship

  • Stanford Reliance Dhirubhai Fellowship is awarded by the Reliance Group, India to 5 students for their MBA degree. The scholarship covers the tuition and fees for each of the two years of the program.

4. Columbia Business School MBA Scholarship

The Columbia Business school offers 2 scholarships on the basis of merit and need. They are Merit-Based.

  • Forte Foundation Scholarship for women• Toigo Fellowship for the students belonging to under-represented groups and pursuing finance careers need-based• Awarded in the range of $7,500 to $30,000.

5. Chicago Booth Scholarships

The scholarship provided by the Chicago Booth scholarships are:

  • India Trust Fellowship for those students living and working in India Akhtarali H. Tobaccowala Fellowship for students belonging to India

Apart from the above-mentioned scholarships, there are many other scholarships that an MBA aspirant can leverage for financial support.

Topic – Best Online MBA Programs of 2018