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Online MBA Rankings

Online MBA Rankings

Statistics have shown that during a recession or tighteconomy, professionals who possess a Master of Business Administration degree,or MBA, are more likely to land a job than their lesser-trained counterparts.

A Master of Business Administration degree, or MBA, is apostgraduate degree students who have mastered the art of business can achieve.Graduates who have obtained MBAs have studied the theory and applicationprocess of business and its management principles. They have gained knowledgewhich can be applied in a number of real life business scenarios.

When there are more potential employees than there are jobsto fill, it creates a scenario where employers have their pick of the best. Ifpresented with two candidates for the same position – one who possessed an MBAand one who did not – which one do you think is going to land the job?

While not all jobs are suited to an MBA, there are specificindustries where employees are expected to possess one. They include, but arenot limited to, investment banking, management consulting, strategic planningand business development, consumer brand marketing and corporate finance.

As with other types of degrees, students who are pursuing anMBA can declare an area of specialty, which will determine what kind of coursesthey take in their program. The most common MBA specialties are accounting,entrepreneurship, executive MBA, finance, information systems, international,management, marketing, nonprofit, part-time MBA, production/operations andsupply chain/logistics.

Once you have decided which kind of MBA degree you want topursue, the next step is to select a program. If you have decided that anonline program is what is best for your schedule and career objective, then thenext step is to choose a provider. Searching for MBA programs online can resultin an onslaught of resources that can be hard to decipher. Which programs arereputable and which ones are “diploma mills?”

U.S. News and WorldReport annually ranks the best educational institutions in the UnitedStates, including public and private schools in grades K-12, as well ascolleges and universities. For 2013, the magazine included online MBA programsin their rankings.

In order to determine which programs to include in itslisting, the magazine sent statistical questionnaires to 959regionally-accredited colleges and universities offering MBA degrees. It askedstaff and students to rank their respective institutions in the areas offaculty credentials and training, student services and technology, studentengagement and admissions selectivity. Based on the results of the surveys, themagazine ranked the top 148 online MBA programs in the nation. The top fiveprograms, according to their report, are:

  • Washington State University, Pullman, Wash. – Ranked at number one, this online program earned an 84.2 percent score under the faculty credentials and training category. All of WSU’s classes are recorded and archived on their website, and it is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
  • Arizona State University, Tempe, Ariz.  – ASU comes in at number two for its admissions selectivity and its ability to engage its students in the program of study. This program also has earned accreditation.
  • Indiana University, Bloomington, Ind. – Ranked at number three, this university received its high rating due to a combination of faculty credentials and training, student engagement and admissions selectivity. It is accredited.
  • University of Florida, Gainesville, Fla. – Ninety-eight percent of students who enroll in this online MBA program already are employed and looking to further their degree. This program records and archives all of its classes online and is fully accredited.
  • California State University, Fullerton, Calif. – This program ranked at number five for its faculty credentials and training, as well as its ability to engage its students within the program of studies. Like the four online programs mentioned previous to this one, CSU’s also is accredited.