Best Colleges Online - Most Affordable Degrees-01In this ranking, we profile the top 50 affordable online accelerated MBA programs of 2020.

An accelerated MBA online program provides an option for students to obtain their advanced business degree in less time than most traditional business programs require. The standard on-campus MBA takes 24 months to complete, while accelerated pathways cut that time considerably. It is not uncommon for online accelerated MBA programs to take anywhere between 12 and 20 months.

Top 50 Online Accelerated MBA Programs Methodology

We looked at approximately 230 colleges and universities listed by the Center for Educational Statistics (NCES) College Navigator that offered accelerated MBA online programs. We narrowed our original pool of schools by applying the following criteria: accreditation, at least one option for completing an accelerated MBA online (completion time of under two years), and program or institution rankings with at least one major publication like U.S. News and World Report. We then listed the top 50 accelerated MBA online programs according to raw affordability.

Below are the results of our top 50 affordable accelerated MBA online programs for 2020.

#50 – Drexel University

Accelerated MBA Program Online

Philadelphia, Pennsylvania

Website

Drexel University - Top 50 Accelerated MBA Online Programs 2020
Drexel University’s accelerated MBA online degree takes 18 months from start to finish.

Graduate Tuition/Fees: $34,995

The Drexel University accelerated MBA online degree program is considered an accelerated option because the completion time is less than two years. In fact, the online MBA at Drexel can be completed in as little as 18 months. The MBA is highly customizable, offering concentrations and graduate minors. Students take courses like analyzing legal options in decision-making, essentials of financial reporting, and managing and leading the total enterprise. To be considered for admission, Drexel requires GMAT scores of at least 570, professional recommendation letters, and official transcripts. As far as rankings go, Drexel has earned a top 100 ranking with U.S. News and World Report for best national university. Also, the online MBA programs rank #45 out of more than 1,200 surveyed programs.

#49 – Clarkson University

Accelerated MBA Program Online

Potsdam, New York

Website

Clarkson University - Top 50 Accelerated MBA Online Programs 2020
21 months! Clarkson University’s online MBA takes less time than most traditional MBA programs.

Graduate Tuition/Fees: $34,212

From start to finish, the online MBA at Clarkson University takes 21 months, and is considered an accelerated graduate business program. In less than two years, students may earn their business degree entirely online. Convenient classes taught by Clarkson faculty are flexibly structured to accommodate working students. Core courses offer a solid business foundation, while elective let students tailor their business degree toward work-related goals and to meet career objectives. A total of 16 core courses and five electives is required for the MBA. Clarkson ranks with U.S. News and World Report as the 177th best national university and 38th best value school. Also, Clarkson’s online MBA programs rank #70 out of more than 1,200 surveyed by U.S. News.

#48 – Baylor University

Accelerated MBA Program Online

Waco, Texas

Website

Baylor University - Top 50 Accelerated MBA Online Programs 2020
One-year online MBA! Baylor University.

Graduate Tuition/Fees: $34,146

Baylor University’s online accelerated MBA program can be completed in as little as 12 months, making it one of the fastest degrees on our list. With its AACSB-accreditation and school rankings with U.S. News and World Report, Baylor proudly offers a fast-paced MBA program that is conveniently structured for busy and working students. Courses cover topics like business statistics, ethical leadership, fundamentals of applied finance, managerial accounting, and strategic management and business policy. As stated above, Baylor ranks with U.S. News and World Report as the 79th best national university in the country. Also, the online MBA programs rank #73 out of more than 1,200 surveyed programs.

#47 – University of Delaware

Accelerated MBA Program Online

Newark, Delaware

School Profile

University of Delaware - Top 50 Accelerated MBA Online Programs 2020
AACSB-accredited – University of Delaware’s online MBA.

Graduate Tuition/Fees: $33,678

For individuals looking for accelerated MBA online options in Delaware or the New England area, University of Delaware offers an AACSB-accredited degree. This fast-paced, accelerated program allows students to earn their MBA in as few as 16 months while gaining skills designed to advance their career. The format is entirely online, making it convenient for working students to attend classes. Coursework covers topics such as economic analysis for business policy, ethical issues in domestic and global business environments, financial reporting and analysis, and operations management and management science. In addition to an accelerated pathway and accredited business degree, the school has received national recognition. In fact, University of Delaware ranks with U.S. News and World Report as the 91st best national university. Also, UD’s online MBA programs rank #26 out of more than 1,200 programs.

#46 – American University

Accelerated MBA Program Online

Washington, District of Columbia

Website

American University - Top 50 Accelerated MBA Online Programs 2020
Rigorous, one-year program! American University offers a top accelerated MBA online program.

Graduate Tuition/Fees: $31,446

The online MBA at American University is a one-year master’s program designed for students with drive, focus, and determination to complete a rigorous business degree following an accelerated timeline. The program is open to professionals who are committed to the demanding pace that this type of program requires and already have a solid foundation in business. Students take 12 core courses and 3 electives, as well as 2 immersions. Courses include applied managerial statistics, business capitals immersion, financial accounting, financial management, managerial economics and corporate strategy, and strategic thinking for decisions. American University ranks with major publications like U.S. News and World Report as the 77th best national university. In addition to school rankings, the online MBA programs at American also rank #77 out of more than 1,200 surveyed programs.

#45 – Texas Christian University

Accelerated Online MBA

Fort Worth, Texas

Website

Texas Christian University - Top 50 Accelerated MBA Online Programs 2020
To qualify for admission, Texas Christian University’s online MBA program requires strong GMAT scores.

Graduate Tuition/Fees: $29,388

The Neeley Business School at Texas Christian University offers an accredited one-year online MBA. This rigorous, fast-paced MBA program is open to business-minded individuals looking for minimal absence from the workplace. The program is structured as a flexible online pathway that does not impede work schedules. Students can take advantage of the full-time study experience while continuing to work, allowing them to save time and money. To qualify for admission, applicants will need an AACSB-accredited BBA, strong performance on the GMAT, and a minimum of three years postgraduate work or military experience. Texas Christian ranks with U.S. News and World Report as the 97th best national university and 89th best value school.

#44 – King University

Accelerated Online MBA

Bristol, Tennessee

Website

King University - Top 50 Accelerated MBA Online Programs 2020
16 months! King University’s accelerated online MBA.

Graduate Tuition/Fees: $19,500

King University’s online accelerated MBA program is one of the few to offers a number of online MBA concentrations. Concentrations allow students to hone their business degree toward areas of interest, such as healthcare management, human resource management, management, management information systems, marketing, and project management. The MBA takes 16 months to complete and offers five-week courses that move at a rigorous pace. Admission requirements include a bachelor’s degree from a regionally accredited college or university with a minimum GPA of 3.0 on all prior academic work. King ranks with major publications like U.S. News and World Report as the 65th best regional university in the South. In addition to King’s school rankings, the online MBA programs also rank. In fact, the online MBA programs rank #175 out of more than 1,200 surveyed.

#43 – Benedictine University

Accelerated Online MBA

Lisle, Illinois

Website

Benedictine University - Top 50 Accelerated MBA Online Programs 2020
One-year, accelerated MBA online program – Benedictine University!

Graduate Tuition/Fees: $18,986

Benedictine University’s 12-month MBA programs online are designed for motivated business professionals who desire to earn an advanced business degree quickly and efficiently. One-year completion options are open to students with a strong foundation in business. Specializations in areas like accounting, entrepreneurship and managing innovation, financial management, health care administration, international business, and marketing management allow students to tailor their MBA to fit with career goals and interests. Good news for applicants wanting to bypass the GRE or GMAT: neither test is required for admission! Benedictine has received rankings with major publications like U.S. News and World Report as a top national university.

#42 – Harding University

Accelerated Online MBA

Searcy, Arkansas

Website

Harding University - Top 50 Accelerated MBA Online Programs 2020
Only 18 months to complete the Harding University online MBA!

Graduate Tuition/Fees: $18,260

Harding University offers online MBA programs to those seeking one-year online MBAs. Depending on the applicant’s business background, the Harding MBA may be completed in as little as 18 months. This fast-paced and accelerated degree program offers online courses designed to accommodate work schedules. Courses consist of 10 core classes and two electives. These courses include accounting theory and practice, ethics in the legal environment, managing people and organizations, and marketing management. In addition to accreditation, Harding offers rankings with U.S. News and World Report as the 240th best national university. Also, several graduate school disciplines have received top rankings.

#41 – Northcentral University

Accelerated Online MBA

San Diego, California

Website

Northcentral University - Top 50 Accelerated MBA Online Programs 2020
100% online and one of the most specializations offered in any accelerated MBA online program – Northcentral University.

Graduate Tuition/Fees: $17,917

Northcentral University’s accelerated MBA online degree program is not for students who want an “easy” pathway toward their business degree, but for those expecting to work hard. The accelerated MBA is 100% online, consists of ten courses, and takes 16 months to complete. What makes Northcentral’s MBA program unique is the 17 professionally relevant specializations available to students. These specializations allow students to tailor their degree toward areas of interest, such as entrepreneurship, financial management, human resources management, international business, marketing, or public administration. Northcentral has received rankings from U.S. News and World Report that include #215-#284 in best online MBA programs.

#40 – University of Illinois

Accelerated Online MBA

Chicago, Illinois

Website

University of Illinois - Top 50 Accelerated MBA Online Programs 2020
Ranked by U.S. News & World Report – University of Illinois – online MBA program!

Graduate Tuition/Fees: $16,792

University of Illinois offers an accredited and affordable online MBA program that can be completed in as little as 18 months. The flexible MBA program allows students to set their own pace, enrolling part-time or full-time, and take classes online or on Saturdays. Joint degree options are also available but may take longer to finish. Joint degrees include an MBA and master’s in areas like accounting, finance, management information systems, public health, or supply chain and operations management. University of Illinois is a nationally ranked and accredited institution. In fact, U.S. News and World Report ranks the school #132 in best national universities and #161 in best value schools.

#39 – University of Dayton

Accelerated Online MBA

Dayton, Ohio

Website

University of Dayton - Top 50 Accelerated MBA Online Programs 2020
Only 15-18 months required to finish the online MBA program at University of Dayton.

Graduate Tuition/Fees: $16,700

University of Dayton’s online accelerated MBA program consists of 14-19 courses and takes 15-18 months to complete. To qualify for admission, you must have earned a bachelor’s in a business-related field within the last seven years. Other considerations for the accelerated MBA include having eight or more years of professional experience in a business-related role, having held rolls in middle- or senior-level management, and having had job functions and experiences specifically related to topics covered in the MBA program. University of Dayton ranks with U.S. News and World Report as the 132nd best national university and 58th best value school. Also, the online MBA programs rank #215-#284 out of over 1,200 programs surveyed by U.S. News.

#38 – University of Mary

Accelerated Online MBA

Bismarck, North Dakota

Website

University of Mary - Top 50 Accelerated MBA Online Programs 2020
Fast-paced and fully accredited – University of Mary’s 12-month online MBA.

Graduate Tuition/Fees: $15,630

For individuals looking for 12-month MBA programs online, University of Mary offers accelerated options. The online MBA at University of Mary offers two MBA pathways: you can either earn the degree online, or during the evening at one of the school’s locations. The online program moves at a fast pace and can be completed in just 15 months. The accelerated online MBA is designed for business leaders and executives looking to advance their practical business skills, as well as business professionals wanting to leverage their career. To be considered for admission, applicants must hold a bachelor’s degree from an accredited institution with a minimum GPA of 2.75. In addition to accreditation and affordability, University of Mary offers rankings with U.S. News and World Report. In fact, the school ranks #293-#381 in best national universities.

#37 – University of Massachusetts

Accelerated Online MBA

Lowell, Massachusetts

Website

University of Massachusetts - Top 50 Accelerated MBA Online Programs 2020
Accredited and affordable – UMASS Lowell’s online MBA programs.

Graduate Tuition/Fees: $15,060

Looking for one-year online MBA and 18-month programs? University of Massachusetts Lowell offers accelerated pathways that allow students to earn their degree in less time than traditional MBA programs. Online MBA students receive the same degree and curriculum as on-campus students. The only difference is in how online students complete coursework. All classes are delivered online and cover topics like accounting information for management decisions, corporate finance, customers and markets, managing organizational change, and operations management. In addition to online classes, UMASS Lowell offers nine concentrations that allow students to tailor their degree in areas like accounting, healthcare, or marketing. The online MBA programs at UMASS Lowell rank #51 out of more than 1,200 programs surveyed by U.S. News and World Report.

#36 – Oregon State University

Accelerated Online MBA

Corvallis, Oregon

Website

Oregon State University - Top 50 Accelerated MBA Online Programs 2020
AACSB-accredited and accelerated MBA online degree – Oregon State University.

Graduate Tuition/Fees: $14,331

While Oregon State University is not one of the 12-month MBA programs online found on our list, it is still considered a top institution offering accelerated online MBA options. In fact, even the regular online MBA takes less time to complete at OSU than most other institutions. Accelerated MBA students may earn their degree in 21 months, while regular MBA students might take 30 months to complete their degree. The online MBA at OSU is AACSB-accredited with classes offered 100% online. Four focus areas are also offered and allow students to tailor their MBA to meet career goals. These focus areas include business analytics, marketing, organizational leadership, and supply chain and logistics management. Also, OSU ranks with major publications like U.S. News and World Report.

#35 – California Baptist University

Accelerated Online MBA

Riverside, California

Website

California Baptist University - Top 50 Accelerated MBA Online Programs 2020
Only 12 months! Accelerated MBA online degree at California Baptist University.

Graduate Tuition/Fees: $14,130

California Baptist University’s online MBA requires the completion of 36 credits and takes just 12 months to complete, making the program one of the quickest on our list. ACBSP-accredited with 100% online instruction and affordable tuition places the online MBA at California Baptist near the top of our list. In fact, its low tuition for people living outside California make it a highly affordable degree. All classes are taught by university instructors. Courses include economic issues and analysis for the changing business environment, foundations of accounting and finance, global business management, and marketing management. Also, the school ranks with U.S. News and World Report as the 43rd best regional university in the West. In addition to school rankings, the online MBA programs rank #113 out of more than 1,200 surveyed programs.

#34 – University of Kentucky

Accelerated Online MBA

Lexington, Kentucky

School Profile

University of Kentucky - Top 50 Accelerated MBA Online Programs 2020
12 months of full-time study – University of Kentucky’s online MBA!

Graduate Tuition/Fees: $13,052

University of Kentucky is one of the few public universities on our list to offer the one-year online MBA. In just 12 months of accelerated study, full-time students may earn their MBA degree online. This immersive and accredited business degree program offers rolling admission to qualified students. To be eligible for the accelerated pathway, applicants must submit a completed application, GMAT or GRE scores, transcripts, and letter of recommendation. In addition to standard application requirements, preparatory courses in business and economics must be completed. University of Kentucky ranks with U.S. News and World Report as the 132nd best national university and 178th best value school in the country.

#33 – University of Arizona

Accelerated Online MBA

Tucson, Arizona

Website

University of Arizona - Top 50 Accelerated MBA Online Programs 2020
Offering 6 program start dates! University of Arizona – A top accelerated MBA online program.

Graduate Tuition/Fees: $13,044

The Eller College of Management at University of Arizona offers accelerated MBA online options for qualified students. With six program start dates, six areas of concentration, and a quick completion time, University of Arizona is a top pick for an accelerated online MBA. Online MBA courses are offered in what the school refers to as a carousel format. This means that format repeats every 14 months. Most students complete their online MBA in 14 to 30 months. Some of the required courses include applied business statistics, business strategy, communication for managers, leadership in organizations, and survey of finance as corporate manager. The MBA program also offers several areas of concentration designed to help students tailor their business degree. U of A is accredited and ranked with U.S. News and World Report. In fact, U of A’s online MBA programs rank #21 out of more than 1,200 surveyed programs.

#32 – Louisiana State University

Accelerated Online MBA

Baton Rouge, Louisiana

Website

Louisiana State University - Top 50 Accelerated MBA Online Programs 2020
Only 14 courses – LSU’s online MBA program.

Graduate Tuition/Fees: $13,023

The online accelerated MBA program at Louisiana State University requires the completion of 14 courses that each run seven weeks in length. In less than two years, students may earn their accelerated MBA by taking online classes and completing requirements. In fact, the accelerated MBA generally takes 18 months to complete. Admission requirements are standard; however, GMAT waivers are offered. To qualify for a GMAT waiver, applicants must have three years of work experience and a 3.0 GPA on all qualifying academic work. Required coursework includes elements of cost management, financial management, and understanding behavior in organizations. LSU ranks with U.S. News and World Report as the 153rd best national university and 173rd best value school. Also, LSU ranks #66 for best online MBA programs.

#31 – University of Florida

Accelerated Online MBA

Gainesville, Florida

School Profile

University of Florida - Top 50 Accelerated MBA Online Programs 2020
A top-ranked online one-year MBA program – University of Florida.

Graduate Tuition/Fees: $12,737

Warrington College of Business at University of Florida offers highly affordable 12-month MBA programs online, landing a top spot on our list of accelerated MBA online programs. The hybrid one-year program is one of the fastest ways to earn your MBA, though 16-month programs are also available from U of F. All courses are delivered online and include topics like corporate finance, global strategic management, international finance or international marketing, and product development and management. University of Florida ranks with U.S. News and World Report as the 34th best national university and 110th best value school according to performance. Also, U of F’s online MBA programs rank #4 out of more than 1,200 surveyed programs.

#30 – Walsh University

Accelerated Online MBA

North Canton, Ohio

Website

Walsh University - Top 50 Accelerated MBA Online Programs 2020
Specialization tracks in entrepreneurship and marketing! The Walsh University online MBA.

Graduate Tuition/Fees: $12,610

Walsh University’s accredited one-year online MBA offers four tracks of study that allow students to tailor their advanced business degree. Tracks include entrepreneurship, healthcare management, management, and marketing. The flexibly designed MBA program is open to busy students with responsibilities outside the classroom. All classes are delivered online and run eight weeks. Core courses include applied organizational research and analysis, financial accounting and management, information systems, marketing, and organizational behavior and communication. Walsh, a private institution, ranks with major publications like U.S. News and World Report. In fact, Walsh’s rankings include #46 in best regional universities in the Midwest, #58 in best value schools, and #215-#284 in best online MBA programs out of over 1,200 surveyed.

#29 – Old Dominion University

Accelerated Online MBA

Norfolk, Virginia

Website

Old Dominion University - Top 50 Accelerated MBA Online Programs 2020
AACSB-accredited – Old Dominion University – A top accelerated MBA online program.

Graduate Tuition/Fees: $12,552

Old Dominion University’s accelerated MBA online program requires 40-45 credit hours and can be completed in less time than most traditional on-campus MBA programs. Accredited by AACSB, ODU offers a premiere business school for individuals serious about leveraging their careers in business. Courses cover topics like business law and ethics, fundamentals of contemporary marketing, information and knowledge management, operations and supply chain management, and statistics for managers. Several add-on specializations are also available and help students to tailor their degree. ODU ranks with U.S. News and World Report as the 263rd best national university and 128th top public school. Also, the online MBA programs at Old Dominion rank #45 out of more than 1,200 surveyed programs.

#28 – Colorado State University

Accelerated Online MBA

Fort Collins, Colorado

Website

Colorado State University - Top 50 Accelerated MBA Online Programs 2020
No GMAT requirement for the online MBA at Colorado State University.

Graduate Tuition/Fees: $12,495

Colorado State University’s online MBA ranks among some of the top business programs on the country. The program offers five start dates throughout the year and takes approximately 21 months to complete the degree. The application process is straightforward and there is no GMAT requirement. Courses are delivered online and cover real-world topics such as digital marketing, fundamentals of firm valuation, fundamentals of real estate finance, managing human capital, and strategic selling for business customers. CSU is a top-ranked and accredited public institution founded in 1870. Major publications like U.S. News and World Report rank the school #166 in best national universities and #51 in best online MBA programs.

#27 – State University of New York at New Paltz

Accelerated Online MBA

New Paltz, New York

Website

State University of New York at New Paltz - Top 50 Accelerated MBA Online Programs 2020
15 months! State University of New York at New Paltz’s online MBA.

Graduate Tuition/Fees: $12,474

For individuals researching affordable 12-month MBA programs online, SUNY New Platz offers a flexible MBA program designed to accommodate all schedules. The online MBA at SUNY New Platz is also considered to be one of the best NY MBA programs for affordability due to low state tuition rates. The AACSB-accredited degree takes on average 15 months to earn, also cutting costs for students earning their degree. The less time a program takes, the less money owed to the institution. To qualify for admission at SUNY, applicants must provide satisfactory GMAT or GRE scores, three current letters of recommendation, and official undergraduate transcripts. The school ranks #28 in best regional universities in the North.

#26 – University of North Carolina

Online Accelerated MBA Program

Chapel Hill, North Carolina

Website

University of North Carolina - Top 50 Accelerated MBA Online Programs 2020
A top ranked online MBA program – University of North Carolina.

Graduate Tuition/Fees: $12,212

University of North Carolina’s online accelerated MBA program offered from the Kenan-Flagler Business School is a top-ranked degree. Both the university and the MBA program have consistently been recognized by major publications like Forbes, The Princeton Review, and U.S. News and World Report. In fact, UNC ranks #29 in best national universities, #10 in best value schools, and #1 in best online MBA programs. The average completion time for earning the MBA is 18 months, though students may elect the 36-month pathway depending on schedules and outside commitments. In addition to a swift timeline, the UNC MBA also offers several online concentrations to add to the degree. These concentrations include data analytics, entrepreneurship, finance, marketing, or strategy and consulting.

#25 – Thomas Edison State University

Online Accelerated MBA Program

Trenton, New Jersey

Website

Thomas Edison State University - Top 50 Accelerated MBA Online Programs 2020
Ranked and affordable! Thomas Edison State University’s accelerated MBA online program.

Graduate Tuition/Fees: $12,024

With as rigorous a curriculum and as convenient a design as many 12-month MBA programs online, the online MBA program at Thomas Edison State University measures up as a top business program for busy students. The program is offered fully online and has received ACBSP accreditation. Classes taught by university professors include ethics for managers, financial management, global strategic management, marketing management, organizational research, and strategic operations management. Also, several areas of concentration offered alongside the MBA allow students to tailor their degree to meet interest and career goals. These concentrations include accounting, data analytics, finance, healthcare management, HR management, and marketing. Thomas Edison State ranks with some of the top publications, such as U.S. News and World Report as a best regional university in the North.

#24 – Western Illinois University

Online Accelerated MBA Program

Macomb, Illinois

Website

Western Illinois University - Top 50 Accelerated MBA Online Programs 2020
Ranked with U.S. News! Western Illinois University’s online MBA program.

Graduate Tuition/Fees: $11,604

While not considered a one-year online MBA, Western Illinois University does offer accelerated degree options. In fact, the online MBA program is designed for individuals who have little to no time to attend on-campus classes and are looking to earn their MBA quickly and efficiently. Classes are delivered online and taught by Western Illinois University’s faculty. These classes include applied business forecasting and planning, corporate financial reporting and analysis, decision making for global markets, and financial management theory and practice. In addition to being fully accredited, Wester Illinois is ranked by U.S. News and World Report as the 61st best regional university in the Midwest. Also, WIU’s online MBA programs rank #215-#284 out of more than 1,200 surveyed programs.

#23 – North Carolina State University

Online Accelerated MBA Program

Raleigh, North Carolina

Website

North Carolina State University - Top 50 Accelerated MBA Online Programs 2020
In 21 months, you can earn an online MBA from NC State University.

Graduate Tuition/Fees: $11,495

The Jenkins online MBA program at North Carolina State University is an AACSB-accredited and affordable option for completing a professional online business degree. The ability to log in to classes when and where you like is a benefit of earning this degree. Students may elect to follow an accelerated or flexible pathway, earning their degree in 21 months to six years. While classes are delivered online, two required three-day residencies on NC State’s main campus are required. Online courses cover topics like business analytics, critical thinking and communications, financial accounting, and statistics. NC State’s ranking with U.S. News and World Report include #84 in best national universities and #17 in best online MBA programs.

#22 – Purdue University Global

Online Accelerated MBA Program

Indianapolis, Indiana

Website

Purdue University Global - Top 50 Accelerated MBA Online Programs 2020
A top 12-month online MBA program – Purdue University Global.

Graduate Tuition/Fees: $11,414

Rolling admission and six-week terms make the Purdue University Global online MBA one of the top choices for those seeking 12-month MBA programs online. If you have three years of experience working in a relevant business setting and possess a bachelor’s degree from an accredited institution, you may qualify for admission for the ExcelTrack MBA at Purdue Global. Courses cover topics like business analytics, economics for global decision makers, leadership strategies for a changing world, and managing the value chain. Along with accreditation, Purdue Global offers rankings with U.S. News and World Report as the 228th best national university and 57th most innovative school.

#21 – University of Saint Mary

Online Accelerated MBA Program

Leavenworth, Kansas

Website

University of Saint Mary - Top 50 Accelerated MBA Online Programs 2020
Offering 6 business concentration tracks – University of Saint Mary’s online MBA.

Graduate Tuition/Fees: $11,340

The accelerated MBA online degree program at University of Saint Mary offers the option of six business concentrations. These concentrations allow students to tailor their degree to meet specific career goals in finance, general management, health care management, human resource management, leadership and organizational health, and marketing and advertising management. In addition to concentrations, the program also offers an accelerated pathway that allows students to earn their MBA in just one year. Core courses include global management, managerial economics, organizational management, and operations management. If a student elects to earn a concentration then additional classes are required. University of St. Mary ranks with major publications like U.S. News and World Report as the 84th best regional university in the Midwest. The online MBA programs rank #202 out of more than 1,200 programs surveyed by U.S. News.

#20 – Gwynedd Mercy University

Online Accelerated MBA Program

Gwynedd Valley, Pennsylvania

Website

Gwynedd Mercy University - Top 50 Accelerated MBA Online Programs 2020
Ranked with U.S. News! Gwynedd Mercy University’s online MBA.

Graduate Tuition/Fees: $11,286

Gwynedd Mercy University offers accelerated options for those seeking one-year online MBA programs. Also unique for the GMercyU MBA is the option to earn a concentration alongside the advanced business degree. Concentrations include health care administration, strategic management and leadership, and transportation leadership. Admission to the MBA program requires official college transcripts showing a bachelor’s degree from an accredited college or university, two supervisory letters of recommendation, and proof of English proficiency. Gwynedd Mercy ranks with U.S. News and World Report as the 104th best regional university in the North and #48 in top performers on social mobility.

#19 – Florida International University

Online Accelerated MBA Program

Miami, Florida

Website

Florida International University - Top 50 Accelerated MBA Online Programs 2020
GMAT and GRE waivers! Florida International University’s accelerated MBA online program.

Graduate Tuition/Fees: $11,097

The professional online MBA at Florida International University can be completed fully online. This flexible business degree offers GMAT or GRE waivers for individuals with more than four years of professional experience. Courses run eight weeks in length and the program structure allows students to earn their degree in 18, 21, or 33 months. Adding to its flexibility, the program also offers eight specializations so that you may tailor your advanced degree to meet career aspirations. Some of the online courses include accounting for managers, corporate finance, financial reporting and analysis, marketing management in the global environment, and strategic management. FIU ranks #218 in best national universities and #63 in most innovative schools by U.S. News and World Report. Also, the online MBA programs rank #51 out of more than 1,200 surveyed programs.

#18 – The University of Tennessee

Online Accelerated MBA Program

Martin, Tennessee

Website

The University of Tennessee - Top 50 Accelerated MBA Online Programs 2020
20 students per cohort – The University of Tennessee’s online MBA program.

Graduate Tuition/Fees: $10,364

The University of Tennessee offers an affordable online accelerated MBA program for individuals with over two years of post-baccalaureate work experience. The program is open to students in all fields and is cohort-based. This means that 20 students per cohort help keep one another motivated. Unlike most online programs, UT’s online MBA allows the same students to take the same classes as they earn their degree, following a team-oriented pathway. Courses are delivered sequentially over the 18-month program. These courses include corporate financial management, critical thinking skills, operations management analytics and application, and strategic management and business policy. UT Martin ranks with U.S. News and World Report as the 28th best university in the South and 39th best value school. Also, UT’s online MBA programs rank #34 out of more than 1,200 surveyed programs.

#17 – Frostburg State University

Online Accelerated MBA Program

Frostburg, Maryland

Website

Frostburg State University - Top 50 Accelerated MBA Online Programs 2020
One of the top 12-month MBA programs online – Frostburg State University.

Graduate Tuition/Fees: $10,324

Frostburg State University’s 12-month MBA programs online are AACSB-accredited and require an average GMAT score of 510 for admission. The program structure is highly flexible. A seven-week course model offers six sessions per year when students may join. In addition to fast-paced classes, students have the option of enrolling full- or part-time. There are also several areas of concentration offered so that students may tailor their degree to meet career goals. These concentrations include business analytics, health care management, and management. Some of the core courses required cover topics like economics for managers, financial management, leadership and ethics, and organizational behavior. Frostburg ranks with U.S. News and World Report as the 108th best regional university in the North. In addition to school rankings, the online MBA programs rank #131 out of more than 1,200 programs.

#16 – Northwest Nazarene University

Online Accelerated MBA Program

Nampa, Idaho

Website

Northwest Nazarene University - Top 50 Accelerated MBA Online Programs 2020
Ranked & affordable – Northwest Nazarene University’s online MBA.

Graduate Tuition/Fees: $10,320

Northwest Nazarene University’s accelerated MBA online degree is a generalist program designed for working adults who want to commit to an intensive course of study. Commitment to the program requires significant time reading and approximately 12-16 hours per week of study for each course. Students take two eight-weeks sessions at a time and complete the MBA in approximately 16 months. Also, students have the option of taking additional classes in two areas of emphasis – accounting or healthcare. Courses are delivered online and taught by NNU faculty. Northwest Nazarene ranks with major publications like U.S. News and World Report as the 43rd best regional university in the West and 37th best value school. The NNU online MBA ranks #215-#284 out of more than 1,200 programs surveyed by U.S. News.

#15 – Cleveland State University

Online Accelerated MBA Program

Cleveland, Ohio

Website

Cleveland State University - Top 50 Accelerated MBA Online Programs 2020
A top 12-month MBA online program – Cleveland State University.

Graduate Tuition/Fees: $9,942

Cleveland State University’s one-year online MBA is AACSB-accredited and open to motivated students who do not want to interrupt their careers while earning an advanced business degree. By taking online courses and completing 32-34 credits, students may earn their accelerated MBA in just 12 months. Courses include financial policies, integrative business strategy, international business, IT for competitive advantage, management of innovation and technology, and strategic entrepreneurship. Cleveland State ranks #293-#381 in best national universities and #260 in best business programs. Also, Cleveland State’s online MBA programs rank #90 out of more than 1,200 programs surveyed by U.S. News.

#14 – University of Southern Indiana

Online Accelerated MBA Program

Evansville, Indiana

Website

University of Southern Indiana - Top 50 Accelerated MBA Online Programs 2020
Offering a fast-paced 11-month online MBA – University of Southern Indiana.

Graduate Tuition/Fees: $9,820

University of Southern Indiana’s online accelerated MBA program consists of 30 credit hours and can be completed in as little as 11 months, making it one of the quickest degrees to complete on our list. This affordable and exclusively online degree also comes with the options of earning a concentration in a variety of related disciplines. In addition to the MBA, students elect to take courses that apply to an area of interest, such as accounting, data analytics, HR, or healthcare administration. General course requirements include classes like accounting for decision making, financial management and financial markets, leadership skills and innovation, and strategic and international management. University of Southern Indiana’s rankings with U.S. News and World Report include #105 in best regional universities in the Midwest, #30 in top public schools, and #168 out of 1,200 in best online MBA programs.

#13 – University of Louisiana

Online Accelerated MBA Program

Lafayette, Louisiana

Website

University of Louisiana - Top 50 Accelerated MBA Online Programs 2020
Affordable and ranked! University of Louisiana’s accelerated MBA online program.

Graduate Tuition/Fees: $9,796

The B.I. Moody III School of Business Administration at University of Louisiana offers accelerated MBA degrees for those seeking 12-month MBA programs online. The school offers nine concentrations for students to earn an MBA while specializing in an area of interest. Concentrations include the general MBA, as well as MBAs in entrepreneurship, finance, global management, hospitality management, project management, and sales leadership. Courses are delivered online and cover topics in advanced financial management and policy, managerial economics, marketing management, organizational behavior and leadership, and policy formulation and strategy. University of Louisiana ranks with U.S. News and World Report as the 293rd to 381st best national university. Also, the school’s online MBA programs rank #153 out of more than 1,200 programs surveyed by U.S. News.

#12 – University of Houston

Online Accelerated MBA Program

Houston, Texas

Website

University of Houston - Online MBA
University of Houston’s online MBA ranks with top publications.

Graduate Tuition/Fees: $9,010

Accreditation and affordability earn the University of Houston online MBA a top spot on our list. The AACSB-accredited program consists of 36 credits and eight-week classes. Students may elect to take two courses at a time across the fall, spring, and summer sessions and earn their degree in just 14 months. All courses are delivered online and cover topics like corporate finance, executive decisions in marketing, human behavior in organizations, managerial economics, and strategic management. Also offered are several concentrations that allow MBA students to tailor their degree to meet career goals. Concentrations include business analytics, environmental management, and finance. UH is a public research institution that ranks with U.S. News and World Report as the 185th best national university and 133rd best value school.

#11 – Saint Mary’s University of Minnesota

Online Accelerated MBA Program

Minneapolis, Minnesota

Website

Saint Mary's University of Minnesota - Top 50 Accelerated MBA Online Programs 2020
An affordable 12-month online MBA program – Saint Mary’s University of Minnesota.

Graduate Tuition/Fees: $9,000

Saint Mary’s University of Minnesota offers an online accelerated MBA program that takes as little as 12 months to complete. The one-year online MBA allows students to choose from one of four MBA specialization tracks so that the business degree can be tailored for interests or to meet career goals. The specializations include data analytics, financial services and banking, healthcare administration, and marketing and social media. Eighteen credits of core classes are required and cover topics like corporate finance, managerial accounting, managerial economics, quantitative decision making, and strategic management. St. Mary’s is a top ranked institution, recognized by major publications like U.S. News and World Report. In fact, the most recent edition of Best Colleges ranks the school #33 in best regional universities in the Midwest and #13 in best value schools.

#10 – Emporia State University

Online Accelerated MBA Program

Emporia, Kansas

Website

Emporia State University - Top 50 Accelerated MBA Online Programs 2020
AACSB-accredited – Emporia State University’s online MBA.

Graduate Tuition/Fees: $8,374

Emporia State University’s AACSB-accredited one-year online MBA consists of 33 credits and accelerated seven-week courses delivered entirely online. The online MBA at Emporia is designed to deepen your knowledge of all aspects of business, leadership, and managerial response. Courses cover topics like advanced financial management, behavioral aspect of management, business policy and strategic management, information systems for managerial decisions, and marketing management. Curriculum is considered case-study-driven, which means the information you learn in class can be directly and immediately implemented in the workplace. Emporia ranks #95 in best regional universities in the Midwest and #24 in top public schools.

#9 – Spring Arbor University

Online Accelerated MBA Program

Spring Arbor, Michigan

Website

Spring Arbor University - Top 50 Accelerated MBA Online Programs 2020
Ideal for working students – Spring Arbor University’s accelerated MBA online program.

Graduate Tuition/Fees: $7,757

Spring Arbor University’s accelerated MBA online degree requires no GMAT or GRE for admission. This highly flexible program offers online classes, part-time completion pathways to accommodate busy schedules, and a quick completion time of 18 months. There are also five specialized concentrations available so that MBA students may further tailor their degree. Concentrations include executive leadership, healthcare administration, human resource development, management, and organizational consulting. Consistently ranked with major publications, Spring Arbor is a top performing Christian university. U.S. News and World Report ranks the school #43 in best regional universities in the Midwest and #28 in best colleges for veterans.

#8 – University of North Texas

Online Accelerated MBA Program

Denton, Texas

Website

University of North Texas - Top 50 Accelerated MBA Online Programs 2020
Offering six concentrations! University of North Texas – accelerated MBA online program.

Graduate Tuition/Fees: $7,338

University of North Texas offers an accredited online MBA with six concentration options. Graduate business students may elect to earn an MBA with a specialization in marketing, marketing analytics, organizational behavior and human resource management, strategic management, supply chain analytics, and supply chain management. Accelerated options are also available and allow students to earn their degree and specialization in a compressed amount of time. A total of 12 classes and 36 credit hours are required. U.S. News and World Report ranks University of North Texas #281 in best national universities and #140 in top public schools. Also, UNT’s online MBA programs rank #31 out of more than 1,200 surveyed programs.

#7 – Texas A & M University

Online Accelerated MBA Program

Corpus Christi, Texas

Website

Texas A & M University - Top 50 Accelerated MBA Online Programs 2020
AACSB-accredited 12-month MBA program online degree – Texas A&M.

Graduate Tuition/Fees: $7,328

Texas A & M University’s 12-month MBA programs online are AACSB-accredited and designed for working students who are committed to the world of business. Coursework takes between 12 and 18 months to complete. The accelerated option allows students to take only 10 courses if they have earned a BBA degree. If not, an additional four courses may be required. Online courses include financial management concepts, foundations of accounting, foundations in economics, managerial finance, and statistical and decision analysis. Texas A & M ranks with U.S. News and World Report as a top national university and top performer on social mobility.

#6 – The University of Texas

Online Accelerated MBA Program

Edinburg, Texas

Website

The University of Texas - Top 50 Accelerated MBA Online Programs 2020
UT Rio Grande Valley offers accelerated online MBA degree programs.

Graduate Tuition/Fees: $6,889

The University of Texas Rio Grande Valley offers an online accelerated MBA program through the Robert C. Vackar College of Business and Entrepreneurship. The accelerated option allows students to earn their degree in a much shorter time than the traditional on-campus MBA. Online delivery and seven-week courses mean even working students receive flexibility in their schedules. Also, the option to earn a concentration in one of six areas of interest allow students to tailor their degree to meet specific career goals. The concentrations include accounting, entrepreneurship, financial planning, health care administration, international trade, and marketing. U.S. News and World Report recognizes UT Rio Grande Valley as a top ranked institution.

#5 – Ashland University

Online Accelerated MBA Program

Ashland, Ohio

Website

Ashland University - Top 50 Accelerated MBA Online Programs 2020
One of the most affordable online MBA programs on our list – Ashland University.

Graduate Tuition/Fees: $6,885

The Dauch College of Business and Economics at Ashland University offers a one-year online MBA degree program with over eleven specializations to choose from. Courses are delivered entirely online and structured for completion of all 30 credits in just one year. These courses include foundations of project management, increasing organization capacity, management information systems, managerial accounting, operations management, and strategic planning and policy analysis. In addition to online coursework, specializations can be used to tailor the MBA to align with career goals. These specializations include accounting, business analytics, financial management, health care management and leadership, and supply chain management to name a few. Ashland ranks #53 in best regional universities in the Midwest and #28 in best value schools.

#4 – Florida Atlantic University

Online Accelerated MBA Program

Boca Raton, Florida

Website

Florida Atlantic University - Top 50 Accelerated MBA Online Programs 2020
100% online – Florida Atlantic University’s online MBA.

Graduate Tuition/Fees: $6,657

Florida Atlantic University’s accelerated MBA online program features 100 percent online coursework and requires no residency. Sample online courses include communication strategies for business professionals, contemporary issues in industry, global environment of management, leadership and organizations, and operations management. Florida Atlantic’s MBA program also offers several specializations in business analytics, finance, health administration, international business, and management information systems. These specializations allow students to tailor their degree to fit with career goals and interests. In addition to online offerings, the school also boasts a number of rankings with U.S. News and World Report. In fact, U.S. News ranks FAU #281 in best national universities and #140 in top public schools.

#3 – West Liberty University

Online Accelerated MBA Program

West Liberty, West Virginia

Website

West Liberty University - Top 50 Accelerated MBA Online Programs 2020
Ranked & accredited – West Liberty University’s accelerated MBA online degree.

Graduate Tuition/Fees: $5,920

West Liberty University’s Gary E. West College of Business offers an online accelerated MBA program that can be completed in as little as 12 months. This fully accredited program also offers three concentration options in accounting, healthcare, and management. Each course runs in an accelerated format of seven-weeks in length. A total of ten courses and 30 credits are required to complete the degree program. A few of the required business courses you will see at West Liberty include financial management and theory, global economics, integrative marketing management, managerial accounting decision analysis, social responsibility and business ethics, and strategic human resource management. In addition to the flexible online courses, West Liberty offers prestigious rankings with U.S. News and World Report. In fact, West Liberty ranks #75 in best regional universities in the South and #30 in top public schools.

#2 – Park University

Online MBA Accelerated

Parkville, Missouri

Website

Park University - Top 50 Accelerated MBA Online Programs 2020
The accelerated MBA online programs at Park University offer unique specializations.

Graduate Tuition/Fees: $5,917

Park University’s online MBA program is ACBSP-accredited and can be completed by taking classes exclusively online. Whether you want a generalized MBA or prefer to specialize, Park University offers a wide range of options. Some of the specializations include disaster and emergency management, finance, global business, homeland security, HRM, management accounting, and quality and innovation management. To be qualified to apply, students must hold a bachelor’s degree from a regionally accredited institution and have a minimum 2.75 cumulative GPA. In addition to flexible classes and a fully accredited business program, Park offers rankings with U.S. News and World Report. In fact, the Park online MBA programs rank #215-#284 out of more than 1,200 surveyed programs.

#1 – Fitchburg State University

Online MBA Accelerated

Fitchburg, Massachusetts

Website

Fitchburg State University - Top 50 Accelerated MBA Online Programs 2020
#1 most affordable accelerated MBA online program – Fitchburg State University.

Graduate Tuition/Fees: $3,828

Fitchburg State University’s accelerated MBA online program requires the completion of 30 credit hours and ten courses. These courses include accounting practices for managers, corporate finance, management information systems, marketing management, organizational behavior and development, and strategic management. Courses are delivered online and in a flexible format that benefits working and busy students. The application process is also convenient. In fact, Fitchburg State requires no GMAT or GRE for its online MBA program. Fitchburg State ranks #108 in best regional universities in the North and #34 in top public schools. As for online MBA programs, Fitchburg ranks #1 on our list for affordability.

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Frequently Asked Questions

What can I do with an accelerated MBA online degree?

According to U.S. News and World Report’s “5 Hot Jobs for MBA Graduates,” aspiring business school grads have a wealth of career opportunities following graduation. Due to a promising job outlook, industries are hiring business experts with MBA degrees. Below we detail in-demand job positions that hire individuals who have graduated from accelerated MBA online programs.

Brand and product marketing managers: MBA programs offer classes in product or brand marketing management. These roles often build on the work of product managers and initiate marketing endeavors.

Consultants and analysts: Consultants often work directly with clients on projects, while management consultants and analysts manage in-house teams.

Financial managers: Sometimes referred to as chief financial officers or chief financial analysts, financial managers successfully run financial models within a company.

Health service managers: Several MBA programs on our list offer specializations or concentrations in niche areas like health service management or medical service administration. As the health industry grows, physicians are relinquishing control of their businesses and hiring experts, such as health service managers to accommodate demand.

Product managers: Product managers coordinate efforts with finance, R&D, and marketing teams to create and produce new products or systems. We often see plentiful new hires in the technology sector, though almost every industry employs them.

How long are accelerated MBA online programs?

One of the biggest benefits of accelerated MBA online programs is that they shorten the length of time it takes to earn a graduate degree in business. Many of the programs on our list offer rigorous, fast-paced courses that can be completed in just seven weeks. This means you will earn your MBA in approximately 12-18 months, on average, though some programs take longer.

Accelerated MBA programs also offer year-round courses, allowing students to work on their degree during summer months. By doing so, students earn their accelerated MBA online degree in just 12 months.

Accelerated graduate programs are ideal for working students who do not want to spend the traditional time it takes to earn a graduate degree. Traditional MBA programs take two to three years to earn a degree. Classes in traditional MBA programs run sixteen weeks in length, while accelerated program classes run seven or eight weeks. By completing courses in a compressed amount of time, you will satisfy degree requirements at a much quicker rate than your traditional MBA peers.

Accelerated MBA online programs require hard work and discipline since courses move at a quick pace. Successful students structure their time wisely in order to complete requirements and stay on top of the rigorous coursework.

What are the admission requirements for accelerated MBA online programs?

Admission requirements for accelerated MBA online programs are similar to other graduate business programs. However, many of the accelerated online MBA programs on our list require a bachelor’s in business administration (BBA) and/or work experience.

Since not all accelerated MBA online programs have the same admission requirements, it is important to check with the program before applying. This is especially true if you do not have an undergraduate degree in business, since many accelerated programs require a BBA degree from an accredited college or university.

Some programs do not require a bachelor’s in business, but not having your BBA may lengthen the time it takes to earn your degree as additional courses or prerequisites may be needed. Prerequisite courses include fundamentals of accounting, fundamentals of business, and statistics.

Additional admission requirements include a minimum undergraduate GPA of at least 2.75. For top-ranked colleges or universities, the minimum GPA may be 3.00 or higher. While GRE scores are typically not required for most accelerated online programs, GMAT scores may be needed. This is not always true, as some programs do not require any graduate tests for admission. In the event that GMAT scores are required, plan on submitting scores you’ve taken within the last five years.

What is the job outlook for individuals with an accelerated MBA online degree?

The Bureau of Labor Statistics (BLS), Occupational Outlook Handbook, reports the employment of administrative services managers is projected to grow seven percent and the employment of financial managers is projected to grow sixteen percent through 2028. Both job profiles reflect a favorable job outlook well above the average for all other occupations.

Looking at job prospects for financial managers, BLS indicates growth will vary by industry. Financial managers will see a 16% growth rate, operations specialties managers will see a 10% growth rate, and a five percent growth rate is anticipated for all other related occupations.

The credit industry, which includes commercial and savings banks, employs the bulk of financial managers. As more and more services are transitioned from office building to online, there could be a slight decline in employment growth for this industry. However, the overall job outlook for financial managers in this industry will continue to be favorable.

As with all managerial and leadership business positions, individuals seeking employment will face stiff competition. Typically, there are more job applicants than available positions. To set yourself apart from the competition, earning an accelerated MBA online degree while continuing to gain valuable work experience will help. Individuals with an MBA and expertise in accounting or finance should see the best job prospects, as reported by BLS.

How much money can I make with an accelerated MBA online degree?

Earnings vary by occupation for those holding MBA degrees. Most financial managers working in banks or insurance companies, developing strategies and implementing plans for long-term financial success in an organization earn over six figures. In fact, the Bureau of Labor Statistics (BLS) reports earnings for financial managers with five years of experience earn an average of $127,990 as of May 2018.

PayScale, a global compensation research organization that compiles salary data for degrees, jobs, and other criteria, reports the average annual salary for an individual with an MBA is $87,000. This number fluctuates according to job title. In fact, PayScale’s reporting includes salaries for the following: Chief financial officers (CFO) earn $148,000 on average, operations managers earn $78,000, marketing managers earn $78,000, project managers earn $84,000, and senior financial analysts earn $82,000.

BLS reports the median annual wage for financial analysts was $85,660 as of May 2018. This number is slightly higher than the average earnings for senior financial analysts, as reported by PayScale. However, both reporting agencies agree that pay depends on the industry. Top paying industries for individuals holding accelerated MBA online degrees include securities, commodity contracts, and other financial investments; professional, scientific, and technical services; and management of companies and enterprises.

BCO Staff
October 2019

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This concludes our list of the top 50 affordable online accelerated MBA programs of 2020.