Online MBA programs have seen a tremendous increase in popularity in recent years - GMAC reports that in 2020, applications to online MBA programs grew by a whopping 44 percent, and this growth has largely been spurred by the pandemic and global lockdown. Over the years, many different types of online MBA programs have been created by institutes, including one-year accelerated programs. So, which amongst these are the best online MBA programs in the world? Let's find out!
The World's Top 10 Online MBA Programs - UK, US MBA Programs Rule the Roost
In 2022, the Warwick Business School has topped the
Financial Times Online MBA rankings. This is the fifth consecutive year in which the UK-based management institute has topped the FT rankings. A major contributor to this consistent performance are the impressive salaries that recent graduates of Warwick's online MBA program earn. On average, Warwick online MBA graduates earn nearly $195,000 three years after graduating - this is an increase of 36 percent over students' pre-MBA salaries. The b-school also delivers great ROI, with the program costing $46,000.
Relatively high salaries are also why the Imperial College Business School has featured in the second position, with online MBA graduates earning an average salary of $192,000 - an increase of 25 percent over pre-MBA salaries.
In terms of increase in pre-MBA salaries, graduates of Italy’s MIP Politecnico di Milano School of Management reported a 35 percent growth, while graduates of the University of Nebraska-Lincoln reported a 33 percent increase in pre-MBA salaries.
Amongst the world's best online MBA programs, the three least expensive programs are the University of Bradford ($25,000), Durham University ($33,000), and Warwick ($46,000). The online MBA programs with the highest average salaries post-graduation include Warwick ($195,000), Imperial ($192,000), and Kenan-Flagler ($185,000).
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