Online Business Administration Degree Programs Overview

Best Online Business Administration Master's Degree Programs in 2024

#1 in Best Online Business Administration Master's Degree Programs in 2024

Arkansas State University

Jonesboro, AR4 years

School Type: Public

Online + Campus

Program Accredited By: Association to Advance Collegiate Schools of Business

Online Program Information:

Cost per Credit:

$500

Contact: admissions@astate.edu

Online Graduate Overall Median Earnings:

$77,292

Why We Picked It:

This program ranks highest due to its excellent balance of affordability ($514 per credit), program duration (can be completed in as few as 12 months), and AACSB accreditation. It offers a comprehensive and dynamic curriculum focused on domestic and worldwide business operations, including logistics and strategic management skills, making it highly accessible and promising for ROI given the median earnings and career progression opportunities.

#2 in Best Online Business Administration Master's Degree Programs in 2024

Georgia College & State University

Milledgeville, GA4 years

School Type: Public

Online + Campus

Program Accredited By: Association to Advance Collegiate Schools of Business

Online Program Information:

Cost per Credit:

$739

Contact: admissions@gcsu.edu

Online Graduate Overall Median Earnings:

Not Provided

Why We Picked It:

Highlighted by its affordability (under $15,000 total for the program) and specific focus on Logistics and Supply Chain Management, this AACSB-accredited program is uniquely positioned due to its long-standing history (over 40 years) and focus within Georgia, a state with a significant economic impact from the logistics industry. Accessibility is high with a fully online format and prioritized admissions for those meeting specific requirements.

#3 in Best Online Business Administration Master's Degree Programs in 2024

University of South Dakota

Vermillion, SD4 years

School Type: Public

Online + Campus

Program Accredited By: Association to Advance Collegiate Schools of Business

Online Program Information:

Cost per Credit:

$470

Contact: gradadmissions@usd.edu

Online Graduate Overall Median Earnings:

$95,269

Why We Picked It:

USD's Business Administration graduate programs offer a specialization in Operations and Supply Chain Management among others, with the appeal of AACSB accreditation and a high median earnings potential for graduates. The program emphasizes analytical and ethical problem-solving skills, paired with personalized advisement. Its offer of tuition advantages through the WRGP makes it an accessible and affordable choice for students in the Western U.S.

#4 in Best Online Business Administration Master's Degree Programs in 2024

Liberty University

Lynchburg, VA4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Accreditation Council for Business Schools and Programs

Online Program Information:

Cost per Credit:

$565

Contact: admissions@liberty.edu

Online Graduate Overall Median Earnings:

$72,387

Why We Picked It:

This program shines due to its 100% online delivery model with flexible 8-week formats, accreditation from SACSCOC, and significant military benefits, making it highly accessible to both veterans and active service members. With transfer credits accepted (up to 50% of the degree), it also presents a flexible option for students. The program's curriculum is designed to improve critical thinking, leadership, and management skills, aiming for advanced training in supply chain management.

#5 in Best Online Business Administration Master's Degree Programs in 2024

Oregon State University

Corvallis, OR4 years

School Type: Public

Online + Campus

Program Accredited By: Association to Advance Collegiate Schools of Business

Online Program Information:

Cost per Credit:

$868

Contact: ecampus@oregonstate.edu

Online Graduate Overall Median Earnings:

$81,952

Why We Picked It:

Characterized by its flexibility for working professionals and AACSB accreditation, Oregon State University’s program does not impose additional charges for nonresident students, making it more accessible financially. It offers a rich curriculum with several tracks including Supply Chain and Logistics Management. Despite its higher cost per credit ($868), the program’s recognition for career success and upward mobility contributes to its value.

What are the Pros and Cons of obtaining an Online Business Administration Master's Degree vs On Campus?

Deciding between an online or on-campus Master's degree in Business Administration? Let's dive into the pros and cons of each to help you make an informed decision.

Pros of an Online Business Administration Master's Degree

  • Flexibility: One of the biggest advantages of pursuing your degree online is the flexibility it offers. You can attend lectures, complete assignments, and take exams around your existing commitments, whether they're work, family, or both.
  • Cost-Effectiveness: Generally, online programs can be less expensive than their on-campus counterparts. You'll save on commuting costs, campus fees, and sometimes even on tuition fees.
  • Global Networking: Online programs often attract students from around the world, providing you with a unique opportunity to network with a diverse set of peers.
  • Technical Skills: Navigating an online learning platform can enhance your digital literacy, a skill highly valued in today's job market.

Cons of an Online Business Administration Master's Degree

  • Limited Networking Opportunities: While you can network online, it may not be as effective as face-to-face interactions that on-campus programs facilitate.
  • Self-Discipline Required: Without the structure of a traditional classroom setting, you'll need a high level of self-discipline to keep up with coursework and deadlines.
  • Perception Issues: Although it's becoming less common, some employers may still perceive online degrees as less rigorous or reputable than traditional ones.

Pros of an On-Campus Business Administration Master's Degree

  • Networking Opportunities: Being on campus allows you to easily connect with peers, professors, and alumni, offering invaluable networking opportunities that can benefit your career.
  • Structured Environment: If you thrive in a structured setting, attending classes at specific times and having face-to-face interactions might enhance your learning experience.
  • Access to Campus Resources: On-campus students often have better access to resources like libraries, study spaces, and extracurricular activities.

Cons of an On-Campus Business Administration Master's Degree

  • Less Flexibility: Fixed class schedules mean less flexibility, making it challenging to balance studies with work or personal commitments.
  • Higher Costs: Beyond tuition, on-campus students may face additional costs for housing, commuting, and various campus fees.
  • Geographical Limitations: You're limited to institutions within a commutable distance unless you're willing to relocate, which might not be feasible for everyone.

When deciding between an online and on-campus Business Administration Master's degree, consider your lifestyle, learning preferences, and career goals. Both paths offer distinct advantages and challenges, so choose the one that aligns best with your needs and aspirations.

#6 in Best Online Business Administration Master's Degree Programs in 2024

Saint Leo University

Saint Leo, FL4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Southern Association of Colleges and Schools Commission on Colleges

Online Program Information:

Cost per Credit:

$780

Contact: admissions@saintleo.edu

Online Graduate Overall Median Earnings:

$70,283

Why We Picked It:

Saint Leo's program stands out for its curriculum that covers strategic supply chain integration, dynamic risk modeling, and lean/Six Sigma principles among other aspects. Offering both a traditional and accelerated format, and the Next-Level Grad Award for financial aid, it's positioned well for students seeking flexible and comprehensive education in supply chain management. However, its higher cost per credit ($780) slightly impacts its affordability.

#7 in Best Online Business Administration Master's Degree Programs in 2024

Bethel University

Mishawaka, IN4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Accreditation Council for Business Schools and Programs

Online Program Information:

Cost per Credit:

$650

Contact: gs@bethel.edu

Online Graduate Overall Median Earnings:

Not Provided

Why We Picked It:

The unique partnership with MITx for the Supply Chain Management MicroMasters program, combined with 12 credits towards the MBA degree, offers a compelling and rigorous academic experience. Though not the most affordable option at $650 per credit, the flexible online or blended study modes and comprehensive core MBA courses, make it a strong choice for students seeking an industry-validated program. The program’s innovative structure and real-world applicability promise a solid potential return on investment.

#8 in Best Online Business Administration Master's Degree Programs in 2024

University of Dallas

Irving, TX4 years

School Type: Private Nonprofit

Online + Campus

Program Accredited By: Association to Advance Collegiate Schools of Business

Online Program Information:

Cost per Credit:

$1,250

Contact: admissions@udallas.edu

Online Graduate Overall Median Earnings:

$96,431

Why We Picked It:

Despite its high cost per credit ($1250), the University of Dallas offers a specialized concentration in Supply Chain Management in collaboration with the Quinlan School of Business at Loyola University Chicago. The program benefits from high recognition and industry integration, providing students with critical skills and insights. Its national ranking and expert faculty contribute to its reputation, and the curriculum is aligned with Gartner's Supply Chain Talent Attribute Model, enhancing its appeal for career advancement despite being the most expensive option listed.

Online Business Administration Master's Degree FAQs

What types of specializations are available in an Online Business Administration Master's Degree program?

When pursuing an Online Business Administration Master's Degree, you have the opportunity to tailor your education to fit your career goals through various specializations. Some common areas of focus include:

  • Finance: Ideal for those interested in banking, investment, or financial planning.
  • Marketing: Suited for individuals aiming for careers in advertising, public relations, or market research.
  • Human Resources Management: For those looking to manage recruitment, training, and organizational culture.
  • Operations Management: Focuses on supply chain management, logistics, and production efficiency.
  • Healthcare Management: Tailored for those seeking leadership roles within the healthcare industry.
  • Information Technology: Best for individuals aiming to bridge the gap between business strategies and technology implementations.

How long does it typically take to complete an Online Business Administration Master's Degree?

The duration of an Online Business Administration Master's Degree program can vary based on several factors, including:

  • Program Structure: Full-time students can often complete their degree in 1 to 2 years, while part-time students may take 2 to 4 years.
  • Credit Requirements: Most programs require between 30 to 60 credit hours for graduation.
  • Prior Education: Some programs offer accelerated paths for students with relevant undergraduate degrees or professional experience.

Can I work full-time while pursuing this degree online?

Yes, one of the significant advantages of an Online Business Administration Master's Degree is the flexibility it offers. Many students choose to work full-time while studying due to:

  • Flexible Scheduling: Online courses often allow you to access lectures and materials at any time, fitting your studies around your work schedule.
  • Part-time Enrollment Options: Many programs offer part-time tracks that reduce the course load per semester, making it more manageable alongside full-time employment.

What are the admission requirements for these programs?

Admission requirements can vary by institution but generally include:

  • A bachelor's degree from an accredited institution
  • Official transcripts from all post-secondary institutions attended
  • GMAT or GRE scores (though many programs now offer waivers)
  • Professional resume detailing work experience
  • Letters of recommendation
  • Personal statement or essays
  • Proof of English proficiency for non-native speakers

Some programs may have additional requirements such as a minimum GPA or specific prerequisite courses.

How do online programs ensure students gain practical experience?

Online Business Administration Master's Degree programs employ various methods to ensure students gain practical, real-world experience, including:

  • Virtual Simulations: Leveraging technology to simulate real business scenarios that students can navigate and manage.
  • Capstone Projects: Comprehensive projects that require students to apply what they've learned to solve real business problems.
  • Internships: Some programs facilitate remote internships with companies in relevant industries.
  • Collaborative Projects: Group assignments that mimic workplace teamwork across different geographies.

What kind of support services are available to online students?

Online students have access to a wide range of support services similar to their on-campus counterparts, such as:

  • Academic Advising: Guidance on course selection, career planning, and academic resources.
  • Career Services: Help with resume writing, interview preparation, and job placement.
  • Technical Support: Assistance with accessing online platforms, software, and other IT-related queries.
  • Library Services: Access to digital libraries, databases, and other research resources.
  • Mental Health and Wellness Resources: Counseling services and tools for stress management and mental well-being.

How are online classes delivered?

Online classes in a Business Administration Master's Degree program are typically delivered through:

  • Asynchronous Content: Recorded lectures and materials that you can access at any time.
  • Synchronous Sessions: Live classes or seminars held at specific times where you can interact in real-time with instructors and classmates.
  • Learning Management Systems (LMS): Platforms like Blackboard or Canvas where assignments are submitted, grades are posted, and discussions take place.
  • Multimedia Resources: Use of videos, podcasts, and interactive simulations to enhance learning.

Online Business Administration Master's Degree Resources

Professional Associations

Embarking on or advancing in your career with an Online Business Administration Master's Degree is a strategic move. To enhance your professional journey, consider connecting with these associations:

Joining these organizations can offer networking opportunities, industry insights, and professional development resources that are invaluable to your career growth.

Industry Publications

Staying informed about the latest trends, research, and news in business administration is essential. Here are some top publications you should consider subscribing to:

These publications cover a wide range of topics from management strategies to economic forecasts and will keep you well-informed about the global business environment.

Other Resources

To complement your education and professional association memberships, these additional resources can provide further support and information:

  • Coursera
    • Offers a variety of online courses, specializations, and degrees in business administration and related fields.
  • LinkedIn Learning
    • Provides thousands of courses in business, technology, and creative skills taught by industry experts.
  • Khan Academy
    • Free resources for learning basic to advanced concepts in economics and finance.
  • Career.Guide
    • Your go-to resource for career advice, resume tips, interview guidance, and job search strategies specifically tailored for professionals with a background in business administration.

By leveraging these associations, publications, and resources, you're setting yourself up for success in the dynamic field of business administration. Stay curious, stay informed, and most importantly, stay engaged with the community around you.

Is an Online Business Administration Master's Degree Worth It?

Deciding to pursue an Online Business Administration Master's Degree is a significant step that comes with its share of questions and considerations. Is it worth the time, effort, and financial investment? Let's break down the value proposition to help you make an informed decision.

Flexibility and Convenience

  • Study from Anywhere: One of the most appealing aspects of an online degree is the ability to study from anywhere. This flexibility is invaluable for those balancing work, family, and education.
  • Self-Paced Learning: Many online programs offer asynchronous courses, allowing you to learn at your own pace, fitting studies around your personal and professional commitments.

Career Advancement Opportunities

  • Higher Earning Potential: Graduates with a Master's in Business Administration often see a significant increase in their earning potential. According to various salary surveys, MBA holders tend to earn more than their peers without this advanced degree.
  • Access to Senior Roles: An MBA equips you with the leadership and management skills needed to ascend to senior-level positions. It opens doors to roles like Chief Executive Officer, Financial Manager, and Marketing Director.

Broadened Skill Set

  • Strategic Thinking: You'll learn to view business challenges from a strategic perspective, making decisions that align with long-term objectives.
  • Leadership Skills: Leadership modules are a core part of most MBA programs, preparing you to motivate teams and drive organizational success.
  • Financial Acumen: An understanding of financial management principles is crucial for any business role. An MBA ensures you're well-versed in managing budgets, investments, and financial reporting.

Networking Opportunities

  • Connect with Peers: Online doesn't mean isolated. Most programs facilitate networking through group projects, forums, and virtual live sessions.
  • Alumni Networks: Graduating from an MBA program grants you access to an extensive alumni network, providing opportunities for mentorship, partnerships, and job prospects.

Specializations and Customization

  • Tailor Your Degree: Many online MBA programs offer concentrations such as Finance, Marketing, or International Business. This allows you to specialize in an area aligned with your career goals.
  • Stay Relevant: Coursework often includes current trends and technologies in business, ensuring your skills remain up-to-date in a rapidly evolving marketplace.

Return on Investment

  • Consider Long-Term Benefits: While the upfront cost of an MBA can be substantial, it's important to consider the long-term increase in earning potential and career opportunities.
  • Scholarships and Financial Aid: Many institutions offer financial support for online students, making it more accessible than ever to pursue your MBA.

Conclusion

Ultimately, whether an Online Business Administration Master's Degree is worth it depends on your individual career goals, learning preferences, and current life situation. However, for many, the benefits of advanced skills, increased earning potential, and expanded professional network significantly outweigh the costs and effort involved. If you're aiming for leadership roles or looking to pivot your career in a new direction, an online MBA could be the catalyst you need.

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