The business world can sometimes seem like a glass house with no doors. Many can see inside but are refused entry into the lucrative careers they so desire. One way to build a door for yourself into the world of business is to obtain a Masters of Business Administration. Recent data suggests that as many as three quarters of business are looking to hire candidates with an MBA.
With so many jobs available one might question why more students aren’t pursuing such a degree. The reality is that many working adults simply do not have the time or the means to attend school full time to obtain the graduate degree that could unlock their potential. Luckily, many schools offer online MBA programs to fit the schedule of these working adults.
Many who explore online MBA programs may wonder if it is worth the time and money they will be required to invest. The Graduate Management Admission Council (GMAC) Corporate Recruiters’ Survey conducted in 2011 shows new hires with an MBA can expect to receive an average base salary of $91,433.
This same study indicated that MBA rankings are more important to corporate recruiters than the quality of the school’s MBA curriculum and especially the quality of the school’s faculty. Vital MBA and business school rankings are produced by several notable organizations, including U.S. News & World Report, BusinessWeek, Forbes, The Wall Street Journal, Entrepreneur Magazine, Princeton Review, The Economist, and Financial Times.
We’ve analyzed the lists of all these top organizations. Based on their combined evaluations, our own analysis of the schools’ MBA programs, and awards received by the schools, we’ve created our own thoroughly researched list of the 50 best online MBA programs.