4/14/09

Top ten online MBA programmes

Here are the some of the best online MBA programmes offered by institutes across the world. Do you want to pursue an MBA but can't find the time? Maybe you don’t feel like being out of a job for two years is worth the investment? Maybe all the online MBA programmemes you know seem too generic? Do you want a quality MBA without sacrificing your job, your family, or your earnings? This is a quick summary of the top ten online MBA programmes based on rankings/reputation, structure, networking opportunities, gained skills, and tuition investment. The rankings and tuition fees published here are believed to be true for the academic year 2008-2009.

1) IE Business School
Location: Madrid, Spain
Programmeme: Global MBA

Rankings: #4 by Forbes, #8 by Financial Times, #9 by The Economist (#2 for Distance Learning).

Description: IE offers a 16-month Global MBA programme for English and Spanish speakers. The programme allows students to connect to the virtual classroom from anywhere in the world. In addition to virtual lectures and videoconferences, students are required to participate in two short residence sessions in Madrid. Each session lasts five days and take place during different years.

Networking opportunities: Students from 48 countries with background and expertise in a diverse variety of fields including financial markets, banking, marketing, and technology.
Gained skills: Strategy, Finance, Marketing, Operations, Information Systems, Intercultural Skills.

Tuition: € 36,100 (approx. $56,000 USD)
Website: http://www.gmba-eng.ie.edu/

2) Thunderbird School of Global Management
Location: Arizona, USA
Programmeme: Global MBA

Rankings: #1 in International Programmemes by U.S. News & World Report, # 1 in International Business by Financial Times, # 1 in International Business by The Wall Street Journal.

Description: Thunderbird offers a 19-month global MBA programme where students participate through virtual classrooms and on-site seminars in the USA, China and Switzerland.

Networking opportunities: Students have lived and worked in over 16 different countries with backgrounds in a wide variety of companies ranging from Coca Cola to Boeing to the US Department of Defense.

Gained skills: Cross-Cultural Communications, Global Political Economy, Global Finance, Global Operations, Global Marketing, Global Negotiations, Global Leadership, Global Strategy.

Tuition: $61,650 USD (includes on-site costs for international study trips except airfare)
Website: http://www.thunderbird.edu/prospective_students/working_
prof_degrees/gmbaod/index.htm

3) Manchester Business School
Location: Manchester, UK
Programme: Distance Learning MBA

Rankings: # 15 by MBA Career Guide Survey, #22 by Financial Times.

Description: This flexible two-year programme combines self-study with face-to-face workshops in one of six destinations worldwide – UK, Brazil, Singapore, Hong Kong, Dubai, Malaysia and Jamaica.
Networking opportunities: Students are located in over 90 countries worldwide and possess years of work experience in industries such as construction, engineering, and finance.

Gained skills: Accounting, Finance, Marketing, Organizational Behavior, Managerial Economics, Quantitative Methods, Corporate Strategy.

Tuition: £19,200 (approximately $37,914 USD)
Website: http://www.mbs-worldwide.ac.uk/

4) Duke University
Location: North Carolina, USA
Programme: Cross-Continental MBA

Rankings: # 9 by BusinessWeek, #14 by U.S. News & World Report, # 28 by Financial Times.

Description: The programme lasts 20 months blending Internet-enabled distance learning with 9 one-week residential sessions that take place in North Carolina, Europe and Asia.
Networking opportunities: Students from 23 countries average three to nine years of experience and are currently employed full-time in a variety of industries.
Gained skills: Finance, Accounting, Decision Models, Cross-Cultural Communications, Marketing, Strategy, Global Financial Management, Global Economics.

Tuition: $101,900 USD
Website: http://www.fuqua.duke.edu/mba/executive/cc/

5) Warwick Business School
Location: Coventry, UK
Programme: Warwick MBA Distance Learning

Rankings: #3 (Distance Learning) by The Economist, #29 by Financial Times.
Description: The Warwick MBA consists of 3 parts that can be completed in 3 years (one part/year) or extended up to eight years. The programme uses a variety of delivery methods including print materials, online resources, virtual study groups and a compulsory September Seminar at Warwick each year.

Networking opportunities: Participants include students from more than 90 countries with an average of 10 years of experience. Many students are in middle-management and upper-management positions.

Gained skills: Strategic Advantage, Finance, Accounting, Modelling and Analysis, Economics, Market Analysis, Operations Management, Organizational Behavior.

Tuition: Approximately £15,500 for three years. (approximately $30,259 USD)
Website: http://www.wbs.ac.uk/students/mba/learn/dl.cfm

6) University of Florida
Location: Gainesville, Florida - USA
Programme: Internet MBA

Rankings: #1 (Distance Learning) by The Economist, #6 by The Wall Street Journal, #34 by U.S. News & World Report.

Description: The Internet MBA programme at the University of Florida provides students with two options: The Two-Year MBA and the One-Year MBA option. The Two-Year MBA programme starts in February, offers a 27-month curriculum and requires 8 weekend campus visits at the end of each term. The One-Year MBA option is provided for students with a business degree and two to seven years of work experience. It starts in January, offers a 16-month curriculum and requires 5 weekend campus visits at the end of each term.

Networking opportunities: Students in these programmemes average 6 years of work experience in a variety of industries such as telecommunications, banking, and international trade.

Gained skills: Personal Finance, Corporate Finance, Accounting, Marketing Management, Professional Writing, Operations Management, Entrepreneurship, E-Commerce, Brand Equity, Business Policy, Business Law.

Tuition: $36,000 USD for the One-Year MBA option; $41,000 USD for the two-year MBA option.

Website: http://www.floridamba.ufl.edu/FutureStudents/internet.asp

7) Indiana University
Location: Indianapolis, Indiana - USA
Programme: Master of Business Administration (Kelley Direct)
Rankings: #18 by BusinessWeek, #23 by U.S. News & World Report, #61 by Financial Times.

Description: This flexible programme can be completed in two to five years. It focuses on general administration, but can be tailored to meet the needs of individual students. The programme is offered almost exclusively over the Web with two in-residence clinics that last one week in Indiana.

Networking opportunities: Students in the programme come from almost every state in the USA as well as over 20 countries from around the world. Almost all students have several years of corporate or military experience.

Gained skills: Accounting, Finance, Economics, Quantitative Analysis, Project Management, Strategic Marketing, Human Resources, Global Business, Business Law, Strategic Capabilities.

Tuition: $48,195 USD
Website: http://kd.iu.edu/

8) Pennsylvania State University
Location: University Park, Pennsylvania - USA
Programme: Penn State's Online MBA
Rankings: #40 by U.S. News & World Report, #58 by Financial Times, US Second Tier Programmemes by BusinessWeek.

Description: This 2-year programme combines online courses with 2 residency experiences – the first one at a US company (anywhere in the USA) and the second one at Penn State’s University Park campus.

Networking opportunities: Penn State MBA students represent employers from 37 states and 5 countries.

Gained skills: Finance, Accounting, Organizational Behavior and Change, Data Analysis, Decision Making, Marketing, Corporate Strategies, Global Operations, Global Management.

Tuition: $49,000 USD
Website: http://www.worldcampus.psu.edu/iMBA_Home.shtml

9) Babson College
Location: Boston, Massachusetts - USA
Programme: Fast Track MBA

Rankings: #1 in Entrepreneurship by U.S. News & World Report, # 1 in Entrepreneurship by Financial Times, #48 Overall MBA by U.S. News & World Report, # 84 Overall MBA by Financial Times.

Description: This 24-month programme combines face-to-face learning, web-based learning, and field-based projects. Face-to-face instruction is based on two-day sessions that are held at Babson or in Portland, Oregon approximately every six weeks - all day on Fridays and Saturdays.

Networking opportunities: Students in this programme average 10 years of work experience and come from almost every state in the US and approximately 10 countries.
Gained skills: Entrepreneurship, Innovation, Creativity, Human Behavior, Marketing, Accounting, Finance, Ethics and Law.

Tuition: $50,766 USD
Website: http://cmweb.babson.edu/mba/

10) University of Massachusetts - Amherst

Location: Amherst, Massachusetts - USA
Programme: Online MBA

Rankings: #2 Best Overall Academic Experience by Princeton Review, #4 Best Professors.

Description: The entire 37-credit degree programme can be completed online. No campus residencies are required. The programme can be completed in 2 years.

Networking opportunities: Students in the programme are from the 50 US States and 15 countries and have experience in a variety of industries.

Gained skills: Accounting, Finance, Marketing, Human Resources, Organizational Behavior, Business Data Analysis, Independent Research.

Tuition: $24,790 USD.
Website: http://www.isenberg.umass.edu/MBA/PartTime_MBA/Online/

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