How Much Do The Best Online MBA Programs Cost?
The best Online MBA programs don’t always cost the most. We analyze the US News 2022 Online MBA Ranking and tell you where best to spend your money
The Online MBA market is growing. We saw a rapid rise during the coronavirus pandemic—there were 50 more Online MBAs accepting GMAT scores in 2020 than in 2016—but demand is still increasing as we emerge from the pandemic.
In 2022, 356 schools signed up to the annual US News Online MBA Ranking, which provides a comprehensive list of the online MBA courses offered by US business schools.
Online MBAs tend to cost less than full-time MBAs, as covered in our Online MBA Guide 2022, and don’t require students to give up their jobs or salaries. Here, we look at how much the best online MBA programs in the US cost today.
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Best Online MBA Programs
The top online MBAs, according to US News, have seen some change in 2022 after the top three remained the same for the last three years.
In 2022, University of North Carolina’s Kenan-Flagler Business School keeps its place at the top, while Indiana University’s Kelley School of Business and USC Marshall's School of Business—ranked third and fourth last year—rise to place joint first.
Carnegie Mellon’s Tepper School of Business finishes in fourth while the University of Florida Warrington Graduate School of Business and University of Washington Foster School of Business are joint fifth.
Last year's big surprise was Rice University’s Jones Graduate School of Business, which rose from 123rd in 2020 to enter the top 10 in 2021. The school’s Online MBA, which was only established in 2018, finished in 20th this year.
While in previous years there have been many schools tied for places, raising questions over whether US News’ methodology can differentiate schools enough, the top 10 includes 11 online MBA programs compared with 15 in 2021.