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Is An Online MBA Worth The Money?

More business schools are offering online MBA programs, but do they offer the same value as a traditional, full-time MBA?

By  Laura Wise

Tue May 16 2023



Business schools are taking more of their learning online. The number of accredited US schools with fully online MBA programs increased by 85% between the 2016–17 and 2021–22 academic years, according to data from AACSB.

Georgetown McDonough, Wharton Business School, and University of College London have now joined the ranks of big-name, elite schools offering online MBA programs. For business schools, going online is a way to reach a global market and diversify program portfolios to meet demand. 

For students, it is about flexibility; the opportunity to work, travel, and study at the same time. according to the Association to Advance Collegiate Schools of Business (AACSB), enrollment in online MBA programs has now surpassed that of full-time programs: Nearly 3% more students were enrolled in online MBA programs in the U.S. during the 2020-2021 academic year than in full-time programs.

In the BusinessBecause Online MBA Guide 2023, we look into the rise of the Online MBA and the benefits of studying virtually.

So, is an Online MBA worth it?

Considering an Online MBA?

Download our Online MBA Guide 2023



Online MBA vs Full-Time

Patrick Gettleman, a student on Birmingham Business School’s Online MBA, said he could not have studied an MBA without the flexibility the program offered. “Online was the only option that would work for me outside of quitting my job to become a full-time student.”

Solon Magrizos, program director of the...

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