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Best Online MBA Programs

Online MBA graduates earn a median salary of $69,033 3 years after graduation, or just $1,060 less than their on-campus counterparts. Business administration is consistently one of the most popular choices for graduate students choosing online programs. Master’s in business administration degrees provide training in the fundamentals of business management and leadership, as well as accounting, finance, marketing, and economics. MBA students are usually seeking to enter executive roles in business organizations or are aspiring entrepreneurs looking to start their own business. Interested in how we rank schools? Review our ranking methodology.

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Earnings
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Ranking methodology
#1 in Business Administration

University of Pennsylvania

Philadelphia, Pennsylvania

Economic score 0.07

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $221,017

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $45,500

The total debt accrued by the median student at the time of graduation.

#2 in Business Administration

Louisiana Tech University

Ruston, Louisiana

Economic score 0.10

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $99,821

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $16,228

The total debt accrued by the median student at the time of graduation.

#3 in Business Administration
Economic score 0.12

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $109,908

Median earnings of all students 4 years after graduating.

Debt to earnings 0.1

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $14,650

The total debt accrued by the median student at the time of graduation.

#4 in Business Administration
Economic score 0.12

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $119,953

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $20,500

The total debt accrued by the median student at the time of graduation.

#5 in Business Administration
Economic score 0.12

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $143,666

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $33,994

The total debt accrued by the median student at the time of graduation.

#6 in Business Administration

Columbia University

New York, New York

Economic score 0.13

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $217,887

Median earnings of all students 4 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $72,314

The total debt accrued by the median student at the time of graduation.

#7 in Business Administration
Economic score 0.14

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $97,481

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $18,295

The total debt accrued by the median student at the time of graduation.

#8 in Business Administration

Western Governors University

Salt Lake City, Utah

Economic score 0.14

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $85,330

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $13,235

The total debt accrued by the median student at the time of graduation.

#9 in Business Administration
Economic score 0.14

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $134,782

Median earnings of all students 4 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $34,520

The total debt accrued by the median student at the time of graduation.

#10 in Business Administration

University of Tulsa

Tulsa, Oklahoma

Economic score 0.15

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $83,996

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $13,293

The total debt accrued by the median student at the time of graduation.

#11 in Business Administration

Saint Cloud State University

Saint Cloud, Minnesota

Economic score 0.15

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $107,315

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $23,032

The total debt accrued by the median student at the time of graduation.

#12 in Business Administration

George Mason University

Fairfax, Virginia

Economic score 0.15

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $134,789

Median earnings of all students 4 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $38,071

The total debt accrued by the median student at the time of graduation.

#13 in Business Administration

Villanova University

Villanova, Pennsylvania

Economic score 0.16

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $142,263

Median earnings of all students 4 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $39,772

The total debt accrued by the median student at the time of graduation.

#14 in Business Administration

University of North Dakota

Grand Forks, North Dakota

Economic score 0.16

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $106,454

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $23,152

The total debt accrued by the median student at the time of graduation.

#15 in Business Administration
Economic score 0.16

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $91,564

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $21,793

The total debt accrued by the median student at the time of graduation.

#16 in Business Administration

Boston College

Chestnut Hill, Massachusetts

Economic score 0.16

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $151,870

Median earnings of all students 4 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $43,037

The total debt accrued by the median student at the time of graduation.

#17 in Business Administration

Marquette University

Milwaukee, Wisconsin

Economic score 0.16

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $127,394

Median earnings of all students 4 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $34,583

The total debt accrued by the median student at the time of graduation.

#18 in Business Administration

University of South Dakota

Vermillion, South Dakota

Economic score 0.16

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $95,269

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $20,700

The total debt accrued by the median student at the time of graduation.

#19 in Business Administration

Frostburg State University

Frostburg, Maryland

Economic score 0.17

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $94,885

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $18,592

The total debt accrued by the median student at the time of graduation.

#20 in Business Administration
Economic score 0.17

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

Earnings $114,402

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $26,186

The total debt accrued by the median student at the time of graduation.

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How long does it take to pay down debt in business administration?

Years

Under a year

The average debt accrued from an online master's degree in business administration is covered by average graduate earnings in under a year.

How much do graduates with an online master's degree in business administration earn?

Salary

$78,034

The median online master's degree in business administration graduate earns $78,034 4 years after graduating.

How much does an online master's degree in business administration cost?

Net cost

$19,492

The average annual cost of an online master's degree in business administration is $19,492. This is the net cost and considers only students that have received Title IV funds.

How do online earnings compare to campus earnings?

Earning difference

- $943

The median earnings for an online master's degree in business administration is $78,034, while the median earnings for a campus-based master's degree in business administration is $78,977.