An online MBA in finance may be precisely what you need to succeed in this field. These programs prepare students for various coveted roles, including financial analyst, investment banker, and financial manager, offering salaries ranging from $99,890 to $156,100 annually. With flexible study options, these programs can be completed in as little as 18 months, allowing working professionals to balance their careers and education. While costs can vary depending on the institution, the average tuition for a graduate degree is $20,513 per year.
We interviewed Michelle Pickett, director of Northern Illinois University’s Academic Advising Center, for her insights on finding the right MBA program and aligning your degree with your career aspirations.
How To Choose an Online MBA in Finance Degree Program
Choose your area of study
Many programs will allow you to select a concentration and focus your studies on a particular niche in this field. So, consider your career goals and strengths within the realm of finance when choosing your program.
For example, students with an analytical mindset may be well-suited for a concentration in investment analysis, while natural leaders will thrive in financial management. Research the specializations offered within MBA programs and consider the courses and curriculum content.
Additionally, seek advice from professionals already working in your field of interest to gain insights into the industry’s future trends and potential opportunities. This can highlight a specialization you are an excellent fit for but have yet to consider. “Researching the growth opportunities for a career is important and helps individuals understand the full scope and opportunities for an area they are interested in pursuing,” says Pickett. “Understanding this information is just one factor individuals can use to make a well-informed decision about their career path.”
Research schools and programs
Once you’ve chosen your area of specialization, conducting thorough research on schools and programs is crucial to finding the best institution for your needs. Start by identifying reputable universities and business schools offering an online finance MBA in your chosen specialization. You should also look into each option’s faculty and the services provided to online students.
Only apply to institutions that have been approved by a DOE-recognized regional accrediting organization, such as the New England Commission of Higher Education or Northwest Commission on Colleges and Universities. These organizations evaluate schools to ensure they provide students with a high-quality education. Those who attend a school that isn’t regionally accredited may be unable to access financial aid or transfer credits to another institution if needed.
Ideally, your MBA in finance program will also be accredited by a respected industry group like the Association for the Advancement of Collegiate Schools of Business (AACSB) or the Accreditation Council for Business Schools and Programs (ACBSP). These programmatic accrediting organizations have particularly high standards for business education.
To learn more about any schools that you’re interested in, Pickett recommends the following:
- Check out the school’s admissions website
- Take a virtual tour
- Browse the school’s course catalog
- Visit the webpage of the academic department you are interested in
- Research the school’s support services for students
- Explore their housing and dining options
- Learn about their financial aid options
Prepare for tests and applications
To effectively prepare for tests and applications, consider following these critical strategies. First, familiarize yourself with the test format, such as the GMAT or GRE, and create a study schedule that allows for regular practice. Utilize official study materials and practice exams to proactively identify your strengths and weaknesses. Some students benefit from enrolling in test preparation courses or working with a tutor to receive personalized guidance. It’s worth noting there are many online MBA programs that don’t require GMAT scores, though.
Application requirements vary by school and program. Undergraduate transcripts are typically required, and you may also need to submit letters of recommendation and a personal statement. Always contact an admissions counselor to ensure you have the most accurate information regarding requirements and deadlines.
Select your program
Before making your final decision, review your needs and goals again. Do you plan to attend school full-time or part-time? Do you want your program to be as online as possible, or are you fine with a hybrid program that has a fair amount of in-person requirements? Some programs offer asynchronous courses, which can be completed at your own pace, while others only offer synchronous courses, which involve remotely attending lectures and completing assignments at the same time as other students — which of these two online learning formats do you prefer? Your school should accommodate your scheduling needs and learning preferences.
Determine how you’ll pay for your degree
Be sure to speak to financial aid counselors at the schools you’re interested in for the most accurate and specific information about program cost. While paying for an online MBA can initially feel overwhelming, many resources are available to help alleviate the financial burden of pursuing this advanced degree.
Explore financial aid options, including federal student aid, by completing the Free Application for Federal Student Aid (FAFSA). Check with your institution to see what scholarships they offer specific to your MBA program or related to finance. Additionally, scholarship and grant options may be available from professional organizations and private foundations. Some students can balance part-time work to help finance their education, and many MBA students utilize employer tuition reimbursement programs as a funding source.
The Top 51 Online MBA in Finance Programs
intelligent score 99.66
Award
Rankings
#1 Best Colleges
#1 Online MBA
#1 The Best Schools
#17 Online Masters Colleges
#18 Best Value Schools
School Information
Chapel Hill, NC
Graduation Rate: 90%
Admission Rate: 20%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
62
Department
Estimated Cost per Credit
$2,025
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
888-986-2622
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
62
intelligent score 98.74
Award
Rankings
#2 Online MBA
#4 The Best Schools
#7 Best Colleges
School Information
Laredo, TX
Graduation Rate: 54%
Admission Rate: 54%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online
Programs
Required Credits to Graduate
30
Department
Estimated Cost per Credit
$367
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
956-326-2001
Delivery Format
Online
Programs
Required Credits to Graduate
30
intelligent score 98.07
Award
Rankings
#3 Online MBA
#5 Best Colleges
#9 Best Value Schools
School Information
College Park, MD
Graduation Rate: 82%
Admission Rate: 52%
Urbanicity: Suburban
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54-56
Department
Estimated Cost per Credit
$1,733
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
888-836-4735
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54-56
intelligent score 97.48
Award
Rankings
#2 Best Colleges
#6 Best Value Schools
School Information
Villanova, PA
Graduation Rate: 88%
Admission Rate: 25%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
48
Department
Estimated Cost per Credit
$1,263
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
610-519-4336
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
48
intelligent score 96.55
Award
Rankings
#4 Best Colleges
#4 Online MBA
#22 Best Value Schools
School Information
Wellesley, MA
Graduation Rate: 93%
Admission Rate: 25%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
45
Department
Estimated Cost per Credit
$1,990
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
800-488-4512
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
45
intelligent score 96.48
Award
Rankings
#3 Best Colleges
#29 Best Value Schools
School Information
University Park, PA
Graduation Rate: 38%
Admission Rate: 82%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
48
Department
Estimated Cost per Credit
$1,248
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
814-865-5403
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
48
intelligent score 95.16
Award
Rankings
#4 Academic Influence
#10 Best Colleges
School Information
Newark, DE
Graduation Rate: 80%
Admission Rate: 72%
Urbanicity: Suburban
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
44
Department
Estimated Cost per Credit
$950
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
844-237-1338
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
44
intelligent score 95.05
Award
Rankings
#3 The Best Schools
#9 Best Colleges
School Information
Wilmington, NC
Graduation Rate: 72%
Admission Rate: 68%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$517
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
910-962-2807
Delivery Format
Online
Programs
Required Credits to Graduate
36
intelligent score 94.73
Award
Rankings
#8 Best Colleges
School Information
Saint Louis, MO
Graduation Rate: 62%
Admission Rate: 59%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
39-45
Department
Estimated Cost per Credit
$752
accreditation
Accreditation Council for Business Schools and Programs
more program informationEmail:
[email protected]
Phone:
314-246-7800
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
39-45
intelligent score 94.15
Award
Rankings
#7 The Best Schools
#12 Best Value Schools
#13 Best Colleges
School Information
Amherst, MA
Graduation Rate: 79%
Admission Rate: 66%
Urbanicity: Suburban
School Size: Large
Award
Delivery Format
Online, Hybrid
Programs
Required Credits to Graduate
45
Department
Estimated Cost per Credit
$925
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
413-545-5608
Delivery Format
Online, Hybrid
Programs
Required Credits to Graduate
45
intelligent score 93.37
Award
Rankings
School Information
Gainesville, FL
Graduation Rate: 61%
Admission Rate: 65%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
32-48
Department
Estimated Cost per Credit
$1,208 - $1,500
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
352-392-7992
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
32-48
intelligent score 93.34
Award
Rankings
School Information
Syracuse, NY
Graduation Rate: 83%
Admission Rate: 52%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54
Department
Estimated Cost per Credit
$1,872
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
844-797-4622
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54
intelligent score 92.71
Award
Rankings
School Information
Edinburg, TX
Graduation Rate: 58%
Admission Rate: 94%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$472
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
833-887-4842
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 92.05
Award
Rankings
School Information
Bethlehem, PA
Graduation Rate: 90%
Admission Rate: 46%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$1,295
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
610-758-4450
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 91.65
Award
Rankings
School Information
Saint Paul, MN
Graduation Rate: 72%
Admission Rate: 72%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
42
Department
Estimated Cost per Credit
$665
accreditation
Accreditation Council for Business Schools and Programs
more program informationEmail:
[email protected]
Phone:
651-635-8000
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
42
intelligent score 91.28
Award
Rankings
School Information
Baltimore, MD
Graduation Rate: 93%
Admission Rate: 8%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54
Department
Estimated Cost per Credit
$1,800
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
410-234-9220
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54
intelligent score 91.18
Award
Rankings
School Information
Tucson, AZ
Graduation Rate: 65%
Admission Rate: 87%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online
Programs
Required Credits to Graduate
45
Department
Estimated Cost per Credit
$1,250
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
520-621-3420
Delivery Format
Online
Programs
Required Credits to Graduate
45
intelligent score 90.79
Award
Rankings
School Information
Hays, KS
Graduation Rate: 57%
Admission Rate: 90%
Urbanicity: Town
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
33
Department
Estimated Cost per Credit
$374
accreditation
Higher Learning Commission
more program informationEmail:
[email protected]
Phone:
785-628-5339
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
33
intelligent score 90.51
Award
Rankings
School Information
Pittsburgh, PA
Graduation Rate: 83%
Admission Rate: 14%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
48
Department
Estimated Cost per Credit
$758
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
412-268-5687
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
48
intelligent score 90.04
Award
Rankings
School Information
Durant, OK
Graduation Rate: 41%
Admission Rate: 74%
Urbanicity: Town
School Size: Medium
Award
Delivery Format
Online
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$345
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
844-515-9100
Delivery Format
Online
Programs
Required Credits to Graduate
36
intelligent score 89.24
Award
Rankings
School Information
Richardson, TX
Graduation Rate: 70%
Admission Rate: 87%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
53
Department
Estimated Cost per Credit
Resident: $914
Non-Resident: $1,622
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
972-883-5055
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
53
intelligent score 89.04
Award
Rankings
School Information
Lincoln, NE
Graduation Rate: 67%
Admission Rate: 81%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online
Programs
Required Credits to Graduate
48
Department
Estimated Cost per Credit
$675
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
402-472-2338
Delivery Format
Online
Programs
Required Credits to Graduate
48
intelligent score 88.77
Award
Rankings
School Information
Fort Collins, CO
Graduation Rate: 72%
Admission Rate: 90%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
42
Department
Estimated Cost per Credit
$998
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
800-491-4622
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
42
intelligent score 88.30
Award
Rankings
School Information
Raleigh, NC
Graduation Rate: 82%
Admission Rate: 47%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
40
Department
Estimated Cost per Credit
Resident: $525
Non-Resident: $1,635
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
919-515-5584
Delivery Format
Online, On-Campus, Hybrid
Programs
Required Credits to Graduate
40
intelligent score 87.84
Award
Rankings
School Information
Detroit, MI
Graduation Rate: 47%
Admission Rate: 63%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
In-State: $885
Out-of-State: $1,774
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
313-577-4511
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 86.83
Award
Rankings
School Information
Muncie, IN
Graduation Rate: 64%
Admission Rate: 68%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online
Programs
Required Credits to Graduate
30-39
Department
Estimated Cost per Credit
In-State: $451
Out-of-State: $676
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
765-285-1931
Delivery Format
Online
Programs
Required Credits to Graduate
30-39
intelligent score 86.29
Award
Rankings
School Information
Canton, MO
Graduation Rate: 58%
Admission Rate: 93%
Urbanicity: Rural
School Size: Small
Award
Delivery Format
Online
Programs
Required Credits to Graduate
33
Department
Estimated Cost per Credit
$500
accreditation
International Accreditation Council for Business Education
more program informationEmail:
[email protected]
Phone:
573-288-6000 ext. 6534
Delivery Format
Online
Programs
Required Credits to Graduate
33
intelligent score 85.26
Award
Rankings
School Information
Auburn, AL
Graduation Rate: 78%
Admission Rate: 44%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
39
Department
Estimated Cost per Credit
$950
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
334-844-4060
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
39
intelligent score 84.42
Award
Rankings
School Information
Parkville, MO
Graduation Rate: 30%
Admission Rate: 100%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$695
accreditation
Accreditation Council for Business Schools and Programs
more program informationEmail:
[email protected]
Phone:
816-746-2530
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 84.12
Award
Rankings
School Information
Santa Clara, CA
Graduation Rate: 91%
Admission Rate: 54%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
70
Department
Estimated Cost per Credit
$1,277
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
408-554-4000
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
70
intelligent score 82.15
Award
Rankings
School Information
Riverdale, NY
Graduation Rate: 73%
Admission Rate: 75%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$1,310
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
718-862-8200
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 80.77
Award
Rankings
School Information
Turlock, CA
Graduation Rate: 71%
Admission Rate: 95%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
Department
Estimated Cost per Credit
$920
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
209-667-3129
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
intelligent score 79.18
Award
Rankings
School Information
Chicago, IL
Graduation Rate: 49%
Admission Rate: 92%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
33
Department
Estimated Cost per Credit
$1,190
accreditation
Accreditation Council for Business Schools and Programs
more program informationEmail:
[email protected]
Phone:
877-277-5978
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
33
intelligent score 78.97
Award
Rankings
School Information
South Orange, NJ
Graduation Rate: 70%
Admission Rate: 77%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
40
Department
Estimated Cost per Credit
$1,465
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
973-761-9262
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
40
intelligent score 78.64
Award
Rankings
School Information
Lawrence, KS
Graduation Rate: 65%
Admission Rate: 93%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
42
Department
Estimated Cost per Credit
$865
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
855-639-7799
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
42
intelligent score 77.92
Award
Rankings
School Information
Los Angeles, CA
Graduation Rate: 93%
Admission Rate: 13%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
51
Department
Estimated Cost per Credit
$2,244
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
213-821-6800
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
51
intelligent score 76.87
Award
Rankings
School Information
San Francisco, CA
Graduation Rate: 49%
Admission Rate: 61%
Urbanicity: City
School Size: Small
Award
Delivery Format
Online,Hybrid
Programs
Required Credits to Graduate
45
Department
Estimated Cost per Credit
$1,090
accreditation
WASC Senior College and University Commission
more program informationEmail:
[email protected]
Phone:
415-442-7800
Delivery Format
Online,Hybrid
Programs
Required Credits to Graduate
45
intelligent score 75.97
Award
Rankings
School Information
Boca Raton, FL
Graduation Rate: 61%
Admission Rate: 78%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
40-46
Department
Estimated Cost per Credit
$800
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
561-297-6000
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
40-46
intelligent score 75.78
Award
Rankings
School Information
Omaha, NE
Graduation Rate: 72%
Admission Rate: 78%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
33
Department
Estimated Cost per Credit
$1,000
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
402-280-2703
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
33
intelligent score 75.74
Award
Rankings
School Information
Orono, ME
Graduation Rate: 58%
Admission Rate: 96%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
Department
Estimated Cost per Credit
$679
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
207-581-1968
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
intelligent score 75.66
Award
Rankings
School Information
Houston, TX
Graduation Rate: 61%
Admission Rate: 66%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
48
Department
Estimated Cost per Credit
$866
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
713-743-0700
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
48
intelligent score 75.11
Award
Rankings
School Information
Cincinnati, OH
Graduation Rate: 70%
Admission Rate: 84%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
39-45
Department
Estimated Cost per Credit
$919
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
513-745-3957
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
39-45
intelligent score 73.87
Award
Rankings
School Information
Dobbs Ferry, NY
Graduation Rate: 52%
Admission Rate: 86%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$1,029
accreditation
Middle States Commission on Higher Education
more program informationEmail:
[email protected]
Phone:
914-674-7600
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 73.21
Award
Rankings
School Information
New Castle, DE
Graduation Rate: 44%
Admission Rate: 100%
Urbanicity: Suburban
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$524
accreditation
International Accreditation Council for Business Education
more program informationEmail:
[email protected]
Phone:
877-967-5464
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
36
intelligent score 72.59
Award
Rankings
School Information
Houston, TX
Graduation Rate: 94%
Admission Rate: 9%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54
Department
Estimated Cost per Credit
$2,130
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
855-842-8380
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
54
intelligent score 72.15
Award
Rankings
School Information
Manchester, NH
Graduation Rate: 36%
Admission Rate: 92%
Urbanicity: Suburban
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
Department
Estimated Cost per Credit
$637
accreditation
Accreditation Council for Business Schools and Programs
more program informationEmail:
[email protected]
Phone:
888-387-0861
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
intelligent score 71.95
Award
Rankings
School Information
Los Alamitos, CA
Graduation Rate: 43%
Admission Rate: 100%
Urbanicity: Suburban
School Size: Small
Award
Delivery Format
Online
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$400
accreditation
WASC Senior College and University Commission
more program informationEmail:
[email protected]
Phone:
818-575-6800
Delivery Format
Online
Programs
Required Credits to Graduate
36
intelligent score 70.77
Award
Rankings
School Information
Boiling Springs, NC
Graduation Rate: 62%
Admission Rate: 75%
Urbanicity: Town
School Size: Small
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
Department
Estimated Cost per Credit
$665
accreditation
Accreditation Council for Business Schools and Programs
more program informationEmail:
[email protected]
Phone:
704-406-4484
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
30
intelligent score 70.66
Award
Rankings
School Information
Birmingham, AL
Graduation Rate: 57%
Admission Rate: 89%
Urbanicity: City
School Size: Medium
Award
Delivery Format
Online
Programs
Required Credits to Graduate
36
Department
Estimated Cost per Credit
$1,088
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
205-934-8227
Delivery Format
Online
Programs
Required Credits to Graduate
36
intelligent score 70.66
Award
Rankings
School Information
Scottsdale, AZ
Graduation Rate: 47%
Admission Rate: 70%
Urbanicity: City
School Size: Large
Award
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
49
Department
Estimated Cost per Credit
$1,629
accreditation
Association to Advance Collegiate Schools of Business
more program informationEmail:
[email protected]
Phone:
480-965-3332
Delivery Format
Online, On-Campus
Programs
Required Credits to Graduate
49
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How we rank schools
This list features some of the best online MBA in finance programs at top colleges nationwide. Each school featured is a nonprofit, accredited institution — either public or private — with a high standard of academic quality for postsecondary education. Many of the schools on our list have been accredited by the Association to Advance Collegiate Schools of Business, which assesses business-related programs’ objectives, quality, and overall effectiveness.
We evaluated each school’s program on admission, retention, and graduation rates as well as tuition costs, faculty, reputation, and the resources provided for online students. Then, we calculated the Intelligent Score on a scale of 0 to 100. Read more about our ranking methodology.
Next, we compared this comprehensive list of online MBA in finance programs to a list of aggregated college rankings from reputable publications like U.S. News & World Report, among others, to simplify a student’s college search. We pored through these rankings so students don’t have to.
What Can You Expect From an Online MBA in Finance Degree Program?
An online MBA in finance provides a well-rounded education designed to equip you with the necessary knowledge and expertise to succeed in the finance industry. Coursework covers financial analysis, investment management, corporate finance, risk management, and financial strategy. Students learn to analyze financial statements, evaluate investment opportunities, assess financial risks, and make strategic financial decisions.
Earning an online degree offers a certain degree of flexibility that makes it possible for working professionals to balance their education with other responsibilities, and an online MBA in finance is no exception. “The online experience is more individual and personalized,” says Pickett. “Students considering enrolling in an online college should ensure that they’re focused and motivated and can practice good time management and self-discipline skills, especially for self-paced programs.”
In an online learning environment, students engage in virtual collaborations, group projects, and discussions with classmates and faculty. Additionally, some programs may offer networking events, guest lectures, or virtual workshops to enhance the learning experience and foster connections with industry professionals. Most full-time students can complete all of the degree requirements in 18 months to two years, but some accelerated options may enable students to finish in less time.
Potential courses you’ll take in an online MBA in finance program
- Corporate Finance: A popular core course for finance majors, this class explores the financial decisions made within corporations, including capital budgeting, capital structure, dividend policy, and working capital management. Students learn to evaluate investment projects, optimize capital structure, and assess the financial impact of various decisions on the firm’s value.
- Managerial Accounting: Another standard course for finance majors, managerial accounting teaches students how to use accounting information for internal decision-making and planning. Students learn about cost concepts, budgeting, cost-volume-profit analysis, and performance measurement.
- Strategic Financial Management: Also known as “Corporate Financial Strategy,” this class is typically offered as an elective. Students focus on the financial aspects of strategic decision-making within organizations while learning how financial considerations shape corporate strategy.
- Global Financing and Emerging Markets: Another popular elective in finance curricula, this class focuses on the complexities of international finance and the unique challenges and opportunities presented by emerging markets. Students study foreign exchange markets, international capital budgeting, and global investment strategies.
- Mergers and Acquisitions: While mergers and acquisitions can be offered as a topic in financial strategy courses, some institutions offer this course as its own class. Students learn the fundamental concepts and strategies involved in corporate mergers, acquisitions, and divestitures. They study valuation methods, deal structuring, negotiation tactics, and post-merger integration.
What Can You Do With an Online MBA in Finance?
Career outlook
Although banking may be the first industry that comes to mind when you think of finance, your online MBA in finance prepares you for positions in just about any field in business and industry, as well as the nonprofit world.
Here are some common career paths you might follow:
- Top executive — Coordinate the work of an organization by establishing goals, overseeing activities, and appointing department heads and managers.
- Median annual salary: $103,840
- Projected employment growth (through 2032): 3%
- New job openings projected: 311,600 annually
- Financial manager — Maintain the financial health of an organization by directing investment activities and developing plans for meeting long-term financial goals.
- Median annual salary: $156,100
- Projected employment growth (through 2032): 16%
- New job openings projected: 69,600 annually
- Financial analyst — Evaluate investment opportunities, assess the financial health of businesses, and provide recommendations for optimal financial strategies.
- Median annual salary: $99,890
- Projected employment growth (through 2032): 8%
- New job openings projected: 27,400 annually
Online MBA in Finance Degree Frequently Asked Questions
How do I apply to an online MBA in finance degree program?
Applying to online MBA programs can be intimidating, but many institutions have similar application requirements. Access the online application form by visiting the program’s official website. Check to ensure you meet the program’s admission requirements, which typically include a bachelor’s degree, minimum GPA, and work experience. Then, prepare the necessary materials, including transcripts, letters of recommendation, a statement of purpose, and GMAT or GRE test scores. Don’t hesitate to reach out to an admissions counselor when in doubt. They can lend valuable insights into the admissions process, clarify any uncertainties, and ensure you meet all requirements before you apply.
How much does an online MBA in finance degree cost?
Programs on the more affordable side of the spectrum see an average cost of $302.80 per credit hour, which is relatively inexpensive. However, these degrees can quickly become pricey, with some schools reaching $70,000 or higher per year. It’s also important to consider the additional costs of an online degree, such as technology fees, textbooks, and course materials.
While online programs may save on expenses like commuting and accommodation, they may have other costs, such as online platform fees or residency requirements. On the other hand, in-person programs may have higher tuition due to on-campus facilities and resources. Therefore, it’s crucial to research and consider all associated costs before committing to an online MBA degree program.
How long does it take to earn an online MBA in finance degree?
On average, an online MBA in finance can be completed in 18 months to three years. Many online programs offer more flexibility than their on-campus counterparts, allowing students to complete degree requirements independently. However, if a student chooses to enroll part-time, the program will typically take longer to complete. The total number of required credits also impacts this timeline, with many programs requiring a range of 36 to 60 credit hours to graduate.
Is an online MBA in finance worth it?
Although many entry-level positions in finance are available to those with a bachelor’s degree in business or finance, an MBA in finance can open the door to higher-level positions, sometimes as part of an organization’s leadership team.
Many positions in the finance world are growing faster than average, making the field a good choice for individuals who want to enter or advance in a growing profession. The need for personal financial advisors, for example, is expected to grow by 15%, much faster than average, according to the BLS. That would mean that positions would be available for 50,900 trained financial advisors by 2031.
Earning your degree online can be a solid choice for many students — it increases the number of institutions available to study at and may offer financial savings. There is little stigma around earning a degree online — instead, it shows potential employers that you are self-motivated and organized, with excellent time management skills.
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