Top 20 Best Online MBA Programs that Can Be Completed in One Year 2024

Badge for BEST ONLINE MBA IN ONE YEAR
By Dave Tomar
Reviewed By Jenn Finley
Published:
Updated:

Key Takeaways

  • It is possible to complete an MBA online program in one year.
  • Many business schools offer self-paced online MBA programs so graduate students can finish faster.
  • Accelerated MBA degree programs let online MBA students earn their graduate degree from business school in less time.

See our complete guide to MBAs for more information.

Best Online One Year MBA Degrees

Sort by:
  1. University of Minnesota
  2. University of Texas at Austin
  3. Indiana University Bloomington
  4. University of Notre Dame
  5. University of Iowa
  6. University of Illinois Urbana-Champaign
  7. University of North Carolina at Chapel Hill
  8. University of Maryland, College Park
  9. University of Florida
  10. University of Massachusetts Amherst
  1. University of Minnesota
  2. University of Texas at Austin
  3. Indiana University Bloomington
  4. University of Notre Dame
  5. University of Iowa
  6. University of Illinois Urbana-Champaign
  7. University of North Carolina at Chapel Hill
  8. University of Maryland, College Park
  9. University of Florida
  10. University of Massachusetts Amherst
  1. Arizona State University 90%
  2. West Virginia University 88%
  3. Marquette University 87%
  4. University of Cincinnati 86%
  5. University of Iowa 86%
  6. Indiana University Bloomington 82%
  7. University of Alabama 80%
  8. Louisiana State University 76%
  9. University of Minnesota 75%
  10. University of Delaware 74%
  1. Louisiana State University 22 to 1
  2. University of Illinois Urbana-Champaign 21 to 1
  3. Auburn University 20 to 1
  4. Arizona State University 19 to 1
  5. University of Alabama 19 to 1
  6. University of Texas at Austin 18 to 1
  7. University of Cincinnati 18 to 1
  8. University of Massachusetts Amherst 18 to 1
  9. University of Maryland, College Park 18 to 1
  10. University of North Carolina at Chapel Hill 17 to 1
  1. University of Notre Dame $60,301
  2. American University $53,889
  3. Baylor University $51,738
  4. Marquette University $46,670
  5. University of Massachusetts Amherst $16,186
  6. University of Illinois Urbana-Champaign $14,542
  7. University of Minnesota $14,006
  8. University of Delaware $13,370
  9. University of Texas at Austin $11,698
  10. University of Alabama $11,100
  1. University of Notre Dame $59,644
  2. Baylor University $38,772
  3. American University $38,139
  4. Marquette University $22,410
  5. University of Minnesota $18,468
  6. University of Delaware $17,622
  7. University of Maryland, College Park $16,238
  8. University of Illinois Urbana-Champaign $14,891
  9. University of Massachusetts Amherst $14,364
  10. University of Cincinnati $13,224
  1. Marquette University
  2. West Virginia University
  3. Auburn University
  4. Baylor University
  5. University of Delaware
  6. American University
  7. University of Alabama
  8. Louisiana State University
  9. University of Cincinnati
  10. Arizona State University
  1. Marquette University
  2. West Virginia University
  3. Auburn University
  4. Baylor University
  5. University of Delaware
  6. American University
  7. University of Alabama
  8. Louisiana State University
  9. University of Cincinnati
  10. Arizona State University
  1. University of Notre Dame 13%
  2. University of North Carolina at Chapel Hill 17%
  3. University of Florida 23%
  4. University of Texas at Austin 31%
  5. American University 41%
  6. Auburn University 44%
  7. University of Illinois Urbana-Champaign 45%
  8. University of Maryland, College Park 45%
  9. Baylor University 46%
  10. University of Massachusetts Amherst 64%
  1. University of Notre Dame 9 to 1
  2. American University 11 to 1
  3. Marquette University 13 to 1
  4. Baylor University 15 to 1
  5. University of Delaware 15 to 1
  6. University of Florida 16 to 1
  7. University of Iowa 16 to 1
  8. University of Minnesota 16 to 1
  9. University of North Carolina at Chapel Hill 17 to 1
  10. Indiana University Bloomington 17 to 1
  1. University of Florida $4,477
  2. University of North Carolina at Chapel Hill $7,019
  3. Louisiana State University $8,038
  4. University of Iowa $8,711
  5. West Virginia University $9,360
  6. University of Maryland, College Park $9,695
  7. Indiana University Bloomington $10,012
  8. Auburn University $10,392
  9. University of Cincinnati $10,656
  10. Arizona State University $10,978
  1. Louisiana State University $9,132
  2. Indiana University Bloomington $10,033
  3. Auburn University $10,386
  4. University of North Carolina at Chapel Hill $10,552
  5. West Virginia University $10,602
  6. University of Florida $10,770
  7. University of Iowa $10,875
  8. University of Alabama $11,100
  9. Arizona State University $12,014
  10. University of Texas at Austin $12,036

Featured Programs

What are one year online MBA degree programs?

One-year MBA programs are accelerated degrees offered through school of business graduate programs. While not every college of business offers this option, many of the best online MBA programs include accelerated online MBA options. those that do often use online MBA programs to deliver this specialized business administration program.

In most cases, accelerated online programs will incorporate similar core courses, curriculum, and credit requirements as traditional two year MBA programs. However, students enrolled in one year online MBA programs will often be required to take on more work in less time to earn their degree.

The one year business administration degree will typically use longer lecture periods, more class meetings per semester, and an intensified pace of both reading and project completion. Moreover, the online accelerated MBA program will generally demand more independent and self-paced learning.

By adding these elements to the graduate program structure, the accelerated MBA makes it possible to complete the relevant graduate education in as little as 12 months.

Online business administration programs have improved the ability of graduate schools to offer accelerated MBA programs. Online accelerated programs are those that combine distance learning with a heightened pace of course completion.

As with traditional MBA programs, getting into a one year masters program online will generally require you to earn an accredited four-year undergraduate bachelor’s degree first.

Bottom Line: Many top-ranked colleges and universities are now offering accelerated MBA degree programs that can be completed in one year. These programs are often delivered in a fully online format.

See how you could save additional time by applying to schools that don’t require GMAT or GRE scores.

Or find out more with a look at our complete List of University Rankings. Otherwise, read on.

 

How Online MBA Students Can Earn a Master’s Degree in One Year

The unique opportunities that online programs provide for asynchronous learning make it possible for business students to get more done on their own time.

Many one year programs are designed around self-paced courses, self-directed graduate projects, and off-peak class meeting times. This lets online graduate students complete many of their degree responsibilities while still balancing the demands of work and home.

Pursuing the one year masters program online may make it possible to power through your course demands at an accelerated pace. For this reason, many mid-career professionals will find accelerated programs far more conducive to their needs than traditional programs.

A number of top business schools make one year program completion possible through a flexible array of online courses, on campus courses, and hybrid programs combining elements of both online programs and on campus programs.

Prospective graduate students considering getting their MBA online may wish to consider the benefits of accelerated MBA programs including the savings in time and money.

Bottom Line: The online accelerated MBA is a great option for busy graduate students who need to balance work life, family life, and school.

Three students working on their MBA outside

The One-Year Traditional vs. Online MBA Program

Our ranking the best online MBA programs that can be completed in one year does not technically exclude traditional accelerated MBA programs. However, a growing number of business schools are making their one year online MBA programs available to online students.

This mode of delivery allows business professionals the flexibility to complete components of the MBA degree program at their own pace without disrupting personal and occupational responsibilities.

As a result of this growing trend toward accelerated online MBA programs, the schools represented in our rankings are largely included for their unique accelerated online offerings. Contact the admissions offices for corresponding graduate schools to learn more about accelerated brick and mortar schools.

The 20 Best Online One Year MBA Programs

  1. #1

    University of Minnesota

    Minneapolis , MN
    #6 Most Affordable Colleges and Universities in the U.S. 2024 #8 50 Best Public Grad Schools 2024 #12 50 Best Public Colleges and Universities Ranked for Students in 2024 #18 Best Universities in the US Ranked for Prospective Students in 2024
    Other Rankings

    Tuition + fees

    $16K

    Acceptance

    75%

    Graduation

    84%

    Student body

    61K

    Median SAT/ACT

    1395/29

    Career Outlook for MBA degree at University of Minnesota

    Cost of Degree: $20,315
    Expenses: $15,240
    Starting Salary: $95,961
    Salary after 4 years: $118,209
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Minnesota known for?

    University of Minnesota’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Minnesota?

    University of Minnesota was founded in 1851, which actually makes it seven years older than the state of Minnesota itself. Starting life as a preparatory academy, it would gradually evolve into the flagship school in the public state university system. With campuses roughly three miles apart in the Twin Cities of Minneapolis and St. Paul, the University is among the nation’s leading research institutions.

    With a student body of well over 52,000, University of Minnesota isn’t just the biggest school in its state, but is in fact the ninth largest school by enrollment in the nation.

    The university’s Carlson School of Management currently enrolls roughly 1600 students in its MBA programs, including its specialized accelerated graduate degree track.

    • University of Minnesota is great for students who:

      Are still choosing a discipline. The university offers countless specialized degree programs across 19 academic schools.

    • University of Minnesota might not be the best fit for students who:

      Don’t enjoy a large school environment.

    Compare school
  2. #2

    University of Texas at Austin

    Austin , TX
    #4 Best Value Colleges and Universities Ranked for Students in 2024 #5 Most Affordable Colleges and Universities in the U.S. 2024 #6 50 Best Public Grad Schools 2024 #10 50 Best Public Colleges and Universities Ranked for Students in 2024
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    31%

    Graduation

    88%

    Student body

    55K

    Median SAT/ACT

    1365/29

    Career Outlook for MBA degree at University of Texas at Austin

    Cost of Degree: $12,036
    Expenses: $18,548
    Starting Salary: $115,874
    Salary after 4 years: $142,739
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    What is University of Texas at Austin known for?

    University of Texas at Austin’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Texas at Austin?

    The University of Texas at Austin was founded in 1883 which makes it both the oldest institution in the state of Texas and the flagship school in the state university system. Today, the public research university is highly regarded for its elite level of research activity. For this reason, University of Texas at Austin is often referred to as one of the “Public Ivies.”

    The University of Texas at Austin is also the single largest school in a state that is notable for its large campus populations. Today, UT Austin serves more than 52,000 students at the undergraduate and graduate levels.

    The McCombs School of Business serves about 1700 MBA candidates each year, and provides access to an accelerated graduate degree program.

    • The University of Texas at Austin is great for students who:

      Are looking for a college in a vibrant city. Austin is noted for its live music, nightlife, and cultural offerings.

    • The University of Texas at Austin might not be the best fit for students who:

      Are seeking a more intimate educational setting.

    Compare school
  3. #3

    Indiana University Bloomington

    Bloomington , IN
    #14 Most Affordable Colleges and Universities in the U.S. 2024 #23 50 Best Public Colleges and Universities Ranked for Students in 2024 #2 The Most Influential Universities and Colleges Ranked by State 2024 #2 Best Public Colleges in Indiana 2024
    Other Rankings

    Tuition + fees

    $11K

    Acceptance

    82%

    Graduation

    81%

    Student body

    59K

    Median SAT/ACT

    1290/29

    Career Outlook for MBA degree at Indiana University Bloomington

    Cost of Degree: $11,468
    Expenses: $16,010
    Starting Salary: $90,630
    Salary after 4 years: $111,641
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Indiana University Bloomington known for?

    Indiana University Bloomington’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Indiana University Bloomington?

    Indiana University Bloomington was founded as State Seminary in 1820 and evolved into Indiana College within the decade. The Bloomington campus is the flagship institution in the state public university system.

    Indiana University Bloomington is noted for its high level of research activity, and has been referred to as a “Public Ivy.” With top-ranked programs in areas like environmental policy, public finance, and nonprofit management, Bloomington serves more than 45,000 undergraduate and graduate students today.

    Bloomington’s Kelley School of Business serves roughly 2000 MBA candidates today, and is noted both for its excellence at its accelerated advanced degree options.

    • Indiana University Bloomington is great for students who:

      Like to get involved in campus life. With more than 700 groups and clubs, Bloomington offers an incredible variety of social and recreational opportunities.

    • Indiana University Bloomington might not be the best fit for students who:

      Prefer a small campus atmosphere.

    Compare school
  4. #4

    University of Notre Dame

    Notre Dame , IN
    #3 50 Best Christian Colleges and Universities 2024 #20 50 Best Private Grad Schools 2024 #23 50 Best Colleges and Universities Ranked for Undergrads in 2024 #1 The Most Influential Universities and Colleges Ranked by State 2024
    Other Rankings

    Tuition + fees

    $60K

    Acceptance

    13%

    Graduation

    96%

    Student body

    14K

    Median SAT/ACT

    1500/33

    Career Outlook for MBA degree at University of Notre Dame

    Cost of Degree: $60,116
    Expenses: $19,910
    Starting Salary: $134,262
    Salary after 4 years: $164,430
    Cost Recoup Time: 6 years
    Paid back at 15% of annual salary
    What is University of Notre Dame known for?

    University of Notre Dame’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Notre Dame?

    The University of Notre Dame is located just outside of South Bend, Indiana and began its history in 1848. The private Catholic research university was formed by the Congregation of Holy Cross and is today recognized equally for the excellence of its academic and athletic traditions.

    University of Notre Dame serves nearly 13,000 students at both the undergraduate and graduate levels. Among its top programs are its liberal arts, business, and engineering degrees.

    University of Notre Dame’s Mendoza School of Business is noted for its academic excellence and the availability of specialized accelerated MBA programs.

    • University of Notre Dame is great for students who:

      Are interested in research opportunities. Notre Dame is a research-intensive university where students have an opportunity to participate in cutting-edge research projects.

    • University of Notre Dame might not be the best fit for students who:

      Have financial constraints. As a private research university, Notre Dame may be a comparatively costly option for some students.

    Compare school
  5. #5

    University of Iowa

    Iowa City , IA
    #2 15 Best Online Colleges for Veterans to Start Their Careers #14 50 Best Public Grad Schools 2024 #1 The Most Influential Universities and Colleges Ranked by State 2024 #1 Best Grad Schools Iowa 2024
    Other Rankings

    Tuition + fees

    $10K

    Acceptance

    86%

    Graduation

    74%

    Student body

    33K

    Median SAT/ACT

    1235/25

    Career Outlook for MBA degree at University of Iowa

    Cost of Degree: $12,564
    Expenses: $16,530
    Starting Salary: $97,215
    Salary after 4 years: $119,754
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Iowa known for?

    University of Iowa’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Iowa?

    The University of Iowa is a public university that is noteworthy for the depth and excellence of its research activities. The oldest and largest school in the state rests on the banks of the Iowa River and serves more than 30,000 students.

    The University of Iowa is home to a particularly large contingent of graduate students, with more than 6000 students pursuing their advanced degrees in the Fall of 2022.

    Established in 1921, The Tippie College of Business provides Iowa graduate students with access to a wide range of specialized MBA programs including accelerated degree options.

    • The University of Iowa is great for students who:

      Are interested in campus activities. The school is home to roughly 500 student-run groups, 22 athletic teams, and an enormous alumni network.

    • The University of Iowa might not be the best fit for students who:

      Prefer a small-campus experience.

    Compare school
  6. Three students working on their MBA outside
  7. #6

    University of Illinois Urbana-Champaign

    Champaign , IL
    #2 15 Best Self-paced Online Colleges Ranked for 2024 #8 Most Affordable Colleges and Universities in the U.S. 2024 #9 50 Best Public Grad Schools 2024 #13 Best Value Colleges and Universities Ranked for Students in 2024
    Other Rankings

    Tuition + fees

    $18K

    Acceptance

    45%

    Graduation

    85%

    Student body

    62K

    Median SAT/ACT

    1415/31

    Career Outlook for MBA degree at University of Illinois Urbana-Champaign

    Cost of Degree: $18,131
    Expenses: $16,420
    Starting Salary: $111,170
    Salary after 4 years: $136,944
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Illinois Urbana-Champaign known for?

    University of Illinois Urbana-Champaign’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Illinois Urbana-Champaign?

    The University of Illinois Urbana-Champaign is a public research university that was founded in 1867. The Urbana-Champaign campus is the flagship campus in the University of Illinois system.

    The University of Illinois Urbana-Champaign also happens to own and maintain the fastest supercomputer based on a university campus.

    The university’s Gies College of Business was formed in 1915 and is noted both for its excellence and the availability of topflight accelerated MBA degree programs.

    • The University of Illinois Urbana-Champaign is great for students who:

      Enjoy access to great literature and research. The library system at the University of Illinois Urbana-Champaign is second only to Harvard’s in size and scale.

    • The University of Illinois Urbana-Champaign might not be the best fit for students who:

      Aren’t interested in “Greek” life. Fraternities play a big part in shaping campus culture, which students describe as very party-friendly.

    Compare school
  8. #7

    University of North Carolina at Chapel Hill

    Chapel Hill , NC
    #6 Best Value Colleges and Universities Ranked for Students in 2024 #7 50 Best Public Colleges and Universities Ranked for Students in 2024 #10 Top Schools that Offer Free Master's Degrees Online #16 50 Best Public Grad Schools 2024
    Other Rankings

    Tuition + fees

    $9K

    Acceptance

    17%

    Graduation

    91%

    Student body

    34K

    Median SAT/ACT

    1440/32

    Career Outlook for MBA degree at University of North Carolina at Chapel Hill

    Cost of Degree: $12,527
    Expenses: $16,260
    Starting Salary: $107,878
    Salary after 4 years: $132,888
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    What is University of North Carolina at Chapel Hill known for?

    University of North Carolina at Chapel Hill’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of North Carolina, Chapel Hill?

    University of North Carolina, Chapel Hill is considered a “Public Ivy,” a school with state funding that offers the prestige and educational experience akin to those at a private Ivy League school.

    The University of North Carolina, Chapel Hill is the flagship campus for the broader University of North Carolina system and began enrolling students in 1795. This makes UNC the only public school in the U.S. to both teach and graduate students in the 18th Century!

    UNC’s prestigious Kenan-Flagler business school offers an array of specialized graduate degrees including options for students seeking one year MBA programs.

    • The University of North Carolina, Chapel Hill is great for students who:

      Desire a well-rounded education. All students are required to complete a liberal arts education on the way to their chosen major. Popular majors include biology, business administration, and psychology.

    • The University of North Carolina, Chapel Hill might not be the best fit for students who:

      Prefer a more conservative environment. Many students at UNC note that the campus culture tends to lean to the liberal side of the political spectrum.

    Compare school
  9. #8

    University of Maryland, College Park

    College Park , MD
    #12 Most Affordable Colleges and Universities in the U.S. 2024 #12 50 Best Public Grad Schools 2024 #15 Best Value Colleges and Universities Ranked for Students in 2024 #19 50 Best Public Colleges and Universities Ranked for Students in 2024
    Other Rankings

    Tuition + fees

    $11K

    Acceptance

    45%

    Graduation

    89%

    Student body

    42K

    Median SAT/ACT

    1440/32

    Career Outlook for MBA degree at University of Maryland, College Park

    Cost of Degree: $17,448
    Expenses: $18,404
    Starting Salary: $111,014
    Salary after 4 years: $136,751
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Maryland, College Park known for?

    University of Maryland, College Park’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Maryland?

    University of Maryland is the flagship school in the state university system. Recognized as a “Public Ivy,” UMD is classified as an R1 Doctoral University for the excellence of its research tradition.

    In fact, because of its proximity to the nation’s capital, the University of Maryland enjoys several major research partnerships with the federal government. This provides students with pathways to research, internship and employment through major agencies like NASA, the FDA, and the NIH.

    The Robert H. Smith School of Business at UM was founded in 1921, and is noted today for its excellence and the availability of specialized accelerated degree options.

    • The University of Maryland is great for students who:

      Enjoy an excellent athletics tradition. The UMD Terps compete in the NCAA’s vaunted Big Ten Conference.

    • The University of Maryland might not be the best fit for students who:

      Prefer a small campus. With more than 41,000 students, UMD is the largest school in the Washington, D.C. metropolitan area.

    Compare school
  11. #9

    University of Florida

    Gainesville , FL
    #1 Top 15 Best Online Colleges for Transfer Students in 2024 #3 15 Best Self-paced Online Colleges Ranked for 2024 #6 15 Best Online Colleges for Veterans to Start Their Careers #8 Best Value Colleges and Universities Ranked for Students in 2024
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    23%

    Graduation

    90%

    Student body

    63K

    Median SAT/ACT

    1395/30

    Career Outlook for MBA degree at University of Florida

    Cost of Degree: $12,737
    Expenses: $15,430
    Starting Salary: $103,017
    Salary after 4 years: $126,900
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    What is University of Florida known for?

    University of Florida’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Florida?

    University of Florida is a public university with strong appeal for students with an interest in research. The University of Florida is classified among R1 Doctoral Universities, those institutions noted for a very high level or research activity.

    The University of Florida also holds the distinction of being the only Florida college with members in the Association of American Universities.

    UF’s Warrington College of Business is noted for the excellence of its MBA programs and for the availability of accelerated options for top MBA students.

    • The University of Florida is great for students who:

      Enjoy an excellent athletics program. The UF Gators varsity sports teams have claimed 45 national championships for the school.

    • The University of Florida might not be the best fit for students who:

      Prefer a more intimate experience. With more than 57,800 students enrolled during the 2020-21 academic year, the University of Florida is the fifth largest school in the United States.

    Compare school
  12. #10

    University of Massachusetts Amherst

    Amherst , MA
    #1 Most Affordable Colleges in Massachusetts Ranked for Students in 2024 #1 Best Public Colleges in Massachusetts 2024 #6 Best Colleges in Massachusetts 2024 #6 Best Grad Schools in Massachusetts 2024
    Other Rankings

    Tuition + fees

    $17K

    Acceptance

    64%

    Graduation

    83%

    Student body

    37K

    Median SAT/ACT

    1370/31

    Career Outlook for MBA degree at University of Massachusetts Amherst

    Cost of Degree: $16,625
    Expenses: $16,523
    Starting Salary: $90,473
    Salary after 4 years: $111,448
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Massachusetts Amherst known for?

    University of Massachusetts Amherst’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about University of Massachusetts, Amherst?

    University of Massachusetts, Amherst was founded as an agricultural college in 1863. Today, it is the only public land-grant university located in the state of Massachusetts.

    University of Massachusetts, Amherst is home to more than 32,000 students, which makes it the second largest school in the state by enrollment.

    The university’s Isenberg School of Management was established in 1947 and is particularly noteworthy for its excellence as well as the availability of specialized accelerated degree options.

    • University of Massachusetts, Amherst is great for students who:

      Enjoy a sprawling campus. At 1,463 acres, Amherst owns the largest campus in the state.

    • University of Massachusetts, Amherst might not be the best fit for students who:

      Are focused on liberal arts. Many of the state’s top programs are focused on the sciences.

    Compare school
  13. #11

    Arizona State University

    Tempe , AZ
    #2 Top 15 Best Online Colleges for Transfer Students in 2024 #2 Top 20 Best Military Friendly Online Colleges Ranked for 2024 #12 America's 15 Most Technologically Advanced Colleges #22 Most Affordable Colleges and Universities in the U.S. 2024
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    90%

    Graduation

    67%

    Student body

    85K

    Career Outlook for MBA degree at Arizona State University

    Cost of Degree: $12,914
    Expenses: $19,509
    Starting Salary: $87,023
    Salary after 4 years: $107,199
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Arizona State University known for?

    Arizona State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Arizona State University?

    Arizona State University was founded in 1885 but is recognized today for its incredible strides in making online degree programs available to both undergraduate and graduate students. The public research university offers more than 350 undergraduate degree programs across 17 colleges.

    Arizona State University currently enrolls an estimated 150,000 students online and across its four Arizona campuses. This makes it one of the very largest schools by enrollment in the nation.

    The graduate business school at ASU—the P. Carey School of Business—was established in 1961 and, today, serves more than 1500 postgraduate students, including those enrolled in accelerated MBA programs.

    • Arizona State University is great for students who:

      Are seeking focused graduate degrees. With more than 400 advanced degree programs, ASU grad students can choose highly specialized programs.

    • Arizona State University might not be the best fit for students who:

      Prefer smaller class and campus sizes. The Tempe, Arizona campus alone is home to nearly 55,000 students.

    Compare school
  14. #12

    University of Cincinnati

    Cincinnati , OH
    #10 15 Best Online Colleges for Veterans to Start Their Careers #2 Most Affordable Colleges in Ohio 2024 #2 Best Public Colleges in Ohio 2024 #3 Best Grad Schools in Ohio 2024
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    86%

    Graduation

    72%

    Student body

    48K

    Median SAT/ACT

    1260/26

    Career Outlook for MBA degree at University of Cincinnati

    Cost of Degree: $14,902
    Expenses: $16,990
    Starting Salary: $77,929
    Salary after 4 years: $95,996
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Cincinnati known for?

    University of Cincinnati’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about University of Cincinnati?

    University of Cincinnati was founded in 1819, which makes it the largest institution of higher learning in the major Ohio city. Today, this public research university is part of the University System of Ohio.

    University of Cincinnati serves more than 44,000 students at both the graduate and postgraduate level.

    Cincinnati’s Carl H. Lindner College of Business was established in 1906 and is recognized today for its academic excellence as well as the availability of accelerated MBA options.

    • University of Cincinnati is great for students who:

      Are pursuing their master’s degree. More than 11,000 students are currently enrolled in the university’s array of post-graduate programs.

    • University of Cincinnati might not be the best fit for students who:

      Are seeking a smaller campus experience. The University of Cincinnati is the second largest school in the state of Ohio.

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  15. #13

    Louisiana State University

    Baton Rouge , LA
    #12 15 Best Online Colleges for Veterans to Start Their Careers #1 Most Affordable Colleges in Louisiana 2024 #1 Best Public Colleges in Louisiana 2024 #2 Best Research Universities in Louisiana 2024
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    76%

    Graduation

    70%

    Student body

    39K

    Median SAT/ACT

    1230/25

    Career Outlook for MBA degree at Louisiana State University

    Cost of Degree: $13,027
    Expenses: $22,924
    Starting Salary: $94,236
    Salary after 4 years: $116,084
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Louisiana State University known for?

    Louisiana State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Louisiana State University?

    Louisiana State University is a public research university based in Baton Rouge, Louisiana. Founded in 1860, LSU is both the flagship institution in the state university system and the largest school in the state of Louisiana.

    With an estimated 36,000 students pursuing degrees at both the undergraduate and graduate levels, Louisiana State University offers more than 230 degree programs across 11 academic colleges.

    The E.J. Ourso College of Business is distinguished for both the excellence of its MBA programs and for the availability of specialized accelerated graduate degree options.

    • Louisiana State University is great for students who:

      Are seeking a diverse student body. With students from all 50 states and more than 100 nations, LSU offers the opportunity to meet people from a wide range of backgrounds.

    • Louisiana State University might not be the best fit for students who:

      Are seeking a small, liberal arts college experience. LSU is a large, comprehensive university with numerous educational, athletic, and recreational opportunities to choose from.

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  17. #14

    University of Alabama

    Tuscaloosa , AL
    #13 15 Best Online Colleges for Veterans to Start Their Careers #1 Alabama's Best Colleges and Universities Ranked for Undergrads in 2024 #1 Most Affordable Colleges in Alabama 2024 #1 The Most Influential Universities and Colleges Ranked by State 2024
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    80%

    Graduation

    73%

    Student body

    42K

    Median SAT/ACT

    1270/27

    Career Outlook for MBA degree at University of Alabama

    Cost of Degree: $11,790
    Expenses: $20,084
    Starting Salary: $80,908
    Salary after 4 years: $99,666
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Alabama known for?

    University of Alabama’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about University of Alabama?

    University of Alabama was founded in the city of Tuscaloosa, Alabama in 1820. Emerging in the immediate aftermath of Alabama’s statehood, Bama is the oldest institution of higher learning in Alabama.

    And today, a student body of more than 38,000 undergraduates and postgraduates makes this public research university the largest school in the state of Alabama.

    University of Alabama’s Manderson Graduate School of Business offers 11 unique master’s degree programs, including a top-ranked accelerated MBA.

    • University of Alabama is great for students who:

      Enjoy college athletics. The University of Alabama maintains a healthy rivalry with Auburn University’s Tigers.

    • University of Alabama might not be the best fit for students who:

      Prefer a more intimate learning environment. University of Alabama is noted for the size of its student body, the scope of its academic offerings, and the expansiveness of its campus facilities.

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  18. #15

    American University

    Washington , DC
    #7 50 Best Christian Colleges and Universities 2024 #2 Best Christian Colleges in DC 2024 #3 Best Research Universities in DC 2024 #3 The Most Influential Universities and Colleges Ranked by State 2024
    Other Rankings

    Tuition + fees

    $54K

    Acceptance

    41%

    Graduation

    79%

    Student body

    17K

    Median SAT/ACT

    1360/30

    Career Outlook for MBA degree at American University

    Cost of Degree: $39,126
    Expenses: $17,814
    Starting Salary: $92,374
    Salary after 4 years: $113,129
    Cost Recoup Time: 6 years
    Paid back at 15% of annual salary
    What is American University known for?

    American University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about American University?

    American University is a private research university located in Washington D.C. American University was actually formed by an act of Congress in 1893.

    Today, American University is home to more than 8000 undergraduates and more than 6000 graduate students.

    The graduate school of business at American University, Kogod School of Business was established in 1955 and offers students an array of top-ranked traditional and accelerated MBA programs.

    • American University is great for students who:

      Have an interest in public service, political affairs, and government work. Its location in the nation’s capital makes American University a feeder school for many government opportunities.

    • American University might not be the best fit for students who:

      Are seeking a more affordable degree program. American University provides generous student amenities but these expenses are reflected in the cost of attendance.

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  19. #16

    University of Delaware

    Newark , DE
    #1 Best Colleges in Delaware 2024 #1 The Most Influential Universities and Colleges Ranked by State 2024 #1 Best Public Colleges in Delaware 2024 #1 Best Research Universities in Delaware 2024
    Other Rankings

    Tuition + fees

    $15K

    Acceptance

    74%

    Graduation

    80%

    Student body

    26K

    Median SAT/ACT

    1275/28

    Career Outlook for MBA degree at University of Delaware

    Cost of Degree: $18,664
    Expenses: $17,034
    Starting Salary: $100,351
    Salary after 4 years: $123,617
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Delaware known for?

    University of Delaware’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Delaware?

    The University of Delaware can trace its roots to as far back as 1743, when a Presbyterian minister named Francis Alison formed the Free School in New London, Pennsylvania. Relocating to Newark Delaware in 1765, the school wrangled for decades to achieve college status. This was granted in 1834. What began as Newark College ultimately became the largest school in the state of Delaware.

    The public research university today serves more than 24,000 graduate and undergraduate students across five campuses and eight colleges.

    MBA candidates in Delaware’s Alfred Lerner College of Business and Economics have access to a variety of specialized advanced degrees including an accelerated MBA program.

    • University of Delaware is great for students who:

      Are still weighing their educational options. With more than 300 degrees at the undergraduate and postgraduate levels, Delaware students have plenty to choose from.

    • University of Delaware might not be the best fit for students who:

      Are seeking a small campus experience. For a modestly sized state, Delaware’s oldest institution is quite large.

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  20. #17

    Baylor University

    Waco , TX
    #1 Best CCCU Colleges and Universities 2024 #4 Best Online Christian Colleges and Universities for Doctoral Degrees #6 15 Colleges with the Happiest Freshmen #10 50 Best Christian Colleges and Universities 2024
    Other Rankings

    Tuition + fees

    $52K

    Acceptance

    46%

    Graduation

    81%

    Student body

    23K

    Median SAT/ACT

    1320/30

    Career Outlook for MBA degree at Baylor University

    Cost of Degree: $38,772
    Expenses: $18,433
    Starting Salary: $79,684
    Salary after 4 years: $97,589
    Cost Recoup Time: 7 years
    Paid back at 15% of annual salary
    What is Baylor University known for?

    Baylor University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Baylor University?

    Baylor University was formed in 1845 by the last Congress for the Republic of Texas just before its admission to statehood. This makes Baylor the oldest continuously operating university in the state. The Waco-based private research university can also lay claim to the largest Baptist university campus in the world, with more than 1000 acres sitting on the banks of the Brazos River.

    Today, Baylor University is home to more than 20,000 students at both the undergraduate and graduate levels, many pursuing degrees in top-ranked business, education, and science programs.

    Baylor’s Hankamer School of Business is noted for topflight MBA degree programs, including those geared toward students on an accelerated track.

    • Baylor University is great for students who:

      Are seeking a beautiful campus with thoughtful architecture. Students describe Baylor’s main campus as warm and welcoming.

    • Baylor University might not be the best fit for students who:

      Have financial constraints. Baylor University is a comparatively costly private institution.

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  21. #18

    Auburn University

    Auburn , AL
    #2 Alabama's Best Colleges and Universities Ranked for Undergrads in 2024 #2 Most Affordable Colleges in Alabama 2024 #2 The Most Influential Universities and Colleges Ranked by State 2024 #2 Best Grad Schools in Alabama 2024
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    44%

    Graduation

    81%

    Student body

    34K

    Median SAT/ACT

    1300/27

    Career Outlook for MBA degree at Auburn University

    Cost of Degree: $12,170
    Expenses: $22,226
    Starting Salary: $88,278
    Salary after 4 years: $108,744
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Auburn University known for?

    Auburn University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Auburn University?

    Auburn University began its history in 1856 as the East Alabama Male College. Originally conceived as a private liberal arts school in the Methodist tradition, the Auburn, Alabama-based institution would evolve into a public land-grant university in 1872.

    By 1892, Auburn University had become the first coeducational four-year school in the state of Alabama. Today, a student body of more than 31,000 undergraduates and postgraduates make it the second largest institution in the state of Alabama.

    Auburn University’s Graduate School of Business is noted for its excellence and for the availability of accelerated MBA degree programs.

    • Auburn University is great for students who:

      Enjoy a strong athletics program. The Auburn Tigers enjoy a heated cross-state rivalry with the University of Alabama Crimson Tide

    • Auburn University might not be the best fit for students who:

      Prefer a more intimate learning environment. Auburn is noted for the size of its student body, the scope of its academic offerings, and the expansiveness of its campus facilities.

    Compare school
  23. #19

    West Virginia University

    Morgantown , WV
    #1 The Most Influential Universities and Colleges Ranked by State 2024 #1 Most Affordable Colleges in West Virginia 2024 #1 Best Research Universities in West Virginia 2024 #1 Best Colleges in West Virginia 2024
    Other Rankings

    Tuition + fees

    $9K

    Acceptance

    88%

    Graduation

    62%

    Student body

    28K

    Median SAT/ACT

    1110/23

    Career Outlook for MBA degree at West Virginia University

    Cost of Degree: $10,602
    Expenses: $15,568
    Starting Salary: $82,633
    Salary after 4 years: $101,791
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is West Virginia University known for?

    West Virginia University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about West Virginia University?

    West Virginia University is a public research university with four campuses located across the state. The main campus in Morgantown, West Virginia is home to more than 26,000 undergraduate and graduate students.

    West Virginia University is noted for its high level of research activity especially in the area of biometric technology. In fact, WVU is the FBI’s lead academic partner in this area.

    WVU’s John Chambers College of Business & Economics was founded in 1951 and is recognized today for both its excellence and the availability of specialized accelerated degree options.

    • West Virginia University is great for students who:

      Are looking for options. Students can choose from between more than 350 degree programs at the bachelor’s, master’s, doctoral, and professional levels.

    • West Virginia University might not be the best fit for students who:

      Aren’t looking for a university with a “party school” reputation.

    Compare school
  24. #20

    Marquette University

    Milwaukee , WI
    #14 50 Best Christian Colleges and Universities 2024 #1 Best Christian Colleges in Wisconsin 2024 #1 Best Private Colleges in Wisconsin 2024 #2 The Most Influential Universities and Colleges Ranked by State 2024
    Other Rankings

    Tuition + fees

    $47K

    Acceptance

    87%

    Graduation

    83%

    Student body

    12K

    Median SAT/ACT

    1265/28

    Career Outlook for MBA degree at Marquette University

    Cost of Degree: $22,410
    Expenses: $17,892
    Starting Salary: $96,467
    Salary after 4 years: $118,143
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    What is Marquette University known for?

    Marquette University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Marquette University?

    Marquette University is a private research university based in Milwaukee, Wisconsin. Founded in 1881 by the Society of Jesus, Marquette retains its affiliation with the Jesuit tradition today.

    Today, Marquette University serves more than 11,000 students at the undergraduate and graduate levels. Among Marquette’s most reputable programs are its business, engineering, and journalism programs.

    Marquette’s School of Business Administration is particularly noteworthy both for its excellence and the availability of topflight accelerated MBA programs.

    • Marquette University is great for students who:

      Are looking to get involved in their local community. Marquette places a strong emphasis on service-learning.

    • Marquette University might not be the best fit for students who:

      Plan to study abroad. While Marquette does offer some study abroad programs, the number of such programs is limited as compared to other private research universities of comparable size.

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Career Outlook for Students with MBA Degree

Go to Degree Finder tool

Business Administration And Management

Degree Level: Master's

  • Location: The U.S. (Private Schools)
  • Avg. Cost of Degree*: $11,530
  • Avg. Expenses*: $16,731
  • Avg. Starting Salary*: $77,404
  • Avg. Salary after 4 Years*: $95,349
  • Avg. Cost Recoup Time**: 4 years
  • Job Growth: 4.86%
  • Number of Jobs: 11,888,900
  • * denotes ‘annually’
  • ** denotes ‘at 15% of annual salary’

Career Salaries

CareerJob GrowthAvg. Salary
Chief Executives-8.21%$161,191
Computer and Information Systems Managers15.41%$134,192
Compensation and Benefits Managers1.71%$124,492
Purchasing Managers4.39%$118,521
Sales Managers4.06%$117,002

Average Career Salaries

Bottom 10%MedianTop 10%
$55,563$92,094$148,349

Promising Job Markets

StateCost of LivingAvg. Salary
#2 New York5% higher than average$116,372
#3 Virginia5% higher than average$104,589
#4 Michigan15% higher than average$90,047
#5 Georgia13% higher than average$90,306
#6 Illinois7% higher than average$96,596

Top Industries

IndustryAvg. Salary
Chief Executives$161,191
Computer and Information Systems Managers$134,192
Compensation and Benefits Managers$124,492
Data from The Bureau of Labor Statistics, The Department of Education College Scorecard, The Department of Education NCES, and The Council for Community and Economic Research.
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How to Get into a One Year MBA Program

Test Scores

Many accelerated MBA programs will require you to submit Graduate Management Admission Test (GMAT) Scores. The GMAT is issued by the Graduate Management Admission Council (GMAC) and your scores can impact your chances of admission into a one year program.

Because accelerated programs may be more rigorous, many will have a minimum required GMAT score. Alternatively, some one year MBA programs may accept Graduate Record Examination (GRE) scores.

MBA applicants can improve their chances of admission to the best MBA programs by ensuring that their standardized test scores match those of current enrollees.

Undergraduate Degree

The vast majority of accredited one year MBA programs will require a bachelor’s degree from an accredited four-year program. This undergraduate degree can be in any subject. You don’t necessarily have to major in business to pursue an MBA.

In fact, many business schools take an interest in students with unique undergraduate backgrounds in areas like psychology, sociology, and legal studies.

Undergraduate GPA

The typical graduate level business administration program will include a requirement for a minimum GPA–usually 3.0. However, because accelerated MBA programs tend to be more rigorous, students applying to one year programs may be expected to have an undergraduate GPA of 3.5 or better.

Learn more about online MBA admission requirements.

Bottom Line: High test scores on the GRE or GMAT and a GPA of 3.5 or better will boost your chances of securing admission into an accelerated MBA program.

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Factors for Choosing a College of Business for Your One Year Online MBA Program

Students who plan to pursue an accelerated online MBA degree need to consider a number of important factors first. The one year advanced business degree must be completed at an accelerated pace. This means the program may be more rigorous and challenging than the two year online master of business administration.

Therefore, it is important to consider factors like credibility, cost, and format before choosing the right accelerated online MBA program:

  • Accreditation: Accreditation is vital. It signifies that the school’s education is in compliance with the standards of the Department of Education and the accrediting body. A school must also be accredited in order to offer federal financial aid to its students. Prioritize business schools with accreditation from the colleges and schools commission in your region. In addition to institutional accreditation, be sure your degree in one year online MBA is accredited by the Association to Advance Collegiate Schools of Business (AACSB). This national board provides programmatic accreditation, which is an important mark of credibility for the master’s of business administration degree.
  • Cost: Cost is an inherent element of every educational pursuit. But since cost differs from one school to another, you must ensure that the online school you choose is affordable while still providing a quality education. One-year programs can also lead to savings in fees, living expenses, and educational because the accelerated pace can reduce the duration of time spent in graduate school.
  • Financing Options: Accredited online graduate schools will offer financial aid options including grants, scholarships, and loans for students who qualify. Some will also offer work-study programs.
  • Course Delivery: Online education courses are delivered in three different ways: synchronous (live online classes), asynchronous (classes that can be attended anytime), and blended or hybrid (a mix of both synchronous and asynchronous). Choose a school that offers the type that suits your schedule.
  • Academic Support: Academic support is a valuable element of distance learning. Give due credit to schools that provide students with online resources such as references and tutorials. You will need these to gain a deeper understanding of your lessons.

What to Expect From a One Year Online MBA Programs

One year online MBA programs use a few different strategies to reduce the length of time to completion. The accelerated program will usually consist of:

  • Longer lecture periods;
  • More frequent weekly meetings;
  • More demanding self-paced work including course readings, assignment completions and exam preparation.

Online students taking a one year MBA program can also anticipate higher expectations for independent work completion including:

  • Review of pre-recorded lecture material;
  • Management of meetings with advisors, mentors, and professors;
  • Completion of online learning modules, assessments, and exams.

Generally speaking, you should expect accelerated programs to be more rigorous and challenging than traditional programs. And you should anticipate more independent completion of course requirements.

In fact, depending on where you choose to receive your business education, you may be required to demonstrate an elite level of academic excellence in order to qualify for participation in accelerated online graduate degrees. Before exploring one year MBA programs online, be sure you’re up to the challenge.

Curriculum and Courses

One year online MBA programs will usually incorporate the same core courses as a traditional MBA program. The primary difference may be the length of lecture periods, the number of weekly class meetings, and the speed at which course material is reviewed.

Core classes typically include:

  • Financial Management
  • Marketing Management
  • Managerial Accounting
  • Corporate Finance
  • Organizational Leadership Skills
  • Business Ethics
  • International Business
  • Business Analytics

Key Point: The one year MBA curriculum will typically cover topics such as organizational behavior, corporate finance, and business ethics.

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What can you do with a one year MBA?

Online MBA degrees are generally available in a full complement of subdisciplines including human resource management, strategic management, business analytics, healthcare management, and much more.

However, not every school of business will offer an accelerated degree in your chosen concentration. This will be an important consideration for prospective MBA students with an interest in completing their graduate degree in half the time.

Therefore, as you consider your prospective graduate school, be sure your intended concentration is available online and at the desired pace. This will give you the full complement of subdiscipline options.

Some graduate schools of business may offer only generalized accelerated MBAs. Other programs may include specialized accelerated concentrations in areas such as project management, healthcare administration, or business intelligence.

Bottom Line: You have a variety of career options with a one-year online MBA, but you will need to identify a program that matches both your career development goals and your desired time to completion.

Find other top schools with a look at our Guide to Online Degrees.

 

See our Guide to Life in Graduate School for valuable tips on applying to and succeeding in your master’s or doctoral degree program.

Or get tips on studying, student life, and much more with a look at our Student Resources.

Do you have a question about this topic? Ask it here