Best Online Master’s in Management 2021

by TBS Staff
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Earning an online business management degree helps professionals advance their careers and earn higher salaries. Now is a great time to continue your business management education with a graduate degree. Over the last five years, enrollment in part-time graduate business programs has increased, likely because of the greater earning potential and higher employment rate for professionals with advanced education. This guide will help you select the best master's in management program to help you meet your professional goals.

Featured Online Colleges

The Best Online Master’s in Management Degree Programs

  1. University of Florida
    Location

    Gainesville, FL

    Tuition

    $11313

    Having first opened its doors 160 years ago, UF now ranks as one of the most affordable online colleges in the country. More than 57,700 students enroll at UF every year.

    UF's online master of science in management program offers a traditional master's degree, a combined bachelor's and master's degree, and a graduate dual degree. Students of this program learn in-depth courses in managerial accounting, international business law, organizational behavior, and global strategic management.

    Applicants must submit official transcripts of records, a statement of purpose essay, an updated resume, and two letters of recommendation.

  2. University of North Carolina at Chapel Hill
    Location

    Chapel Hill, NC

    Tuition

    $11649

    Recognized as the nation's first public university, UNC-Chapel Hill now enrolls about 19,100 undergraduate students and 10,900 graduate and professional students.

    Carolina offers an online master's degree in digital curation and management program that requires students to complete a total of 31 credit hours of coursework to earn their degree. Graduates of this online management degree now assume roles as enterprise data architects, digital assets managers, directors of analytics, and scientific content curators.

    All applicants must complete the online application and submit transcripts, current letters of recommendation, a statement of purpose, and a copy of their curriculum vitae.

  3. Johns Hopkins University
    Location

    Baltimore, MD

    Established in 1876, Johns Hopkins holds the distinction of America's first research university. Around 6,000 international full-time graduate and undergraduate students attend Johns Hopkins each year.

    The online master of science in healthcare management program at Johns Hopkins requires students to complete 36 credits. The university allows part-time students to finish the program within six years. Johns Hopkins also requires online students to take one course with residency, including a two-day onsite component.

    Interested applicants must submit all academic transcripts of records and complete the online application available on the school's official website.

    Johns Hopkins University is regionally accredited by the Middle States Commission on Higher Education (MSCHE).

  4. Babson College
    Location

    Wellesley, MA

    A fully accredited independent institution in Massachusetts, Babson's student population contains 2,350 undergraduates and almost 1,000 graduate students.

    Babson offers an online master of science in management in advanced entrepreneurial leadership program. Students typically finish this online degree within 24 months and complete courses in strategic transformation, corporate entrepreneurship, growth marketing, and financial sustainability.

    Graduate applicants must submit their transcripts, along with one letter of professional non-academic recommendation, an updated resume, and payment for the $100 application fee.

    Babson College is regionally accredited by the New England Commission of Higher Education (NECHE).

  5. Pennsylvania State University-World Campus
    Location

    University Park, PA

    Tuition

    $21678

    Since 1998, Penn State World Campus provides students the opportunity to earn their degree entirely online. The university now offers more than 150 online degree programs.

    Penn State World Campus rolls out an online master of project management program that helps students become experts in commercial and procurement law, corporate and business strategy, cost control and resource management, and organization theory. The university offers this 30-credit online degree at a rate of $996 per credit.

    The university requires all applicants to send over their transcripts and meet the technical and computer requirements for online learning.

    Pennsylvania State University-World Campus is regionally accredited by the Middle States Commission on Higher Education (MSCHE).

  6. Florida International University
    Location

    Miami, FL

    Tuition

    $9180

    Ranked as a Top 50 public university in the nation, FIU also ranks as one of the largest universities in America. FIU's student body reaches almost 54,000 students every year.

    FIU's online master of science in hospitality management operates under the university's Chaplin School of Hospitality and Tourism Management. Students of this 33-credit online degree must complete intensive courses in financial management, strategic management, and hospitality enterprise technology.

    All applicants must submit official transcripts from all previously attended colleges or universities and pay the required $30 application fee.

  7. University of Southern California
    Location

    Los Angeles, CA

    Established in 1880, USC now enrolls a total of 46,000 undergraduate and graduate students every year. USC produced more than 437,000 living alumni who now assume leadership roles all over the world.

    USC offers an online master of science in global supply chain management program that requires students to finish 30 coursework credits to earn their degree. USC offers this course entirely online, and students may access all available lectures throughout the entire semester.

    USC requires prospective students to submit previous academic records, updated resumes, and letters of recommendation.

  8. Clemson University
    Location

    Clemson, SC

    Tuition

    $19508

    A land-grant research university founded in 1889, Clemson now offers more than 80 undergraduate majors and 130 graduate degree programs.

    The online master's in parks, recreation, and tourism management program at Clemson aims to enhance its students' practical administrative and management skills. Clemson combines both asynchronous classes and weekly evening synchronous meetings to provide online students with the full learning experience.

    All applicants must submit undergraduate transcripts, two letters of reference, a resume, and a personal statement.

  9. University of Illinois at Urbana-Champaign
    Location

    Champaign, IL

    Tuition

    $15829

    Since first opening its doors in 1867, Illinois now offers more than 5,000 courses in nearly 150 fields of study. Around 47,000 students attend Illinois each year.

    Illinois offers an online master of science in management program that requires students to complete 36 credits of coursework in marketing management, process management, and managerial accounting. This program also provides students with specialization options in business value and project management, global business challenges, and business data management and communication.

    Illinois requires graduate degree applicants to hold a bachelor's degree. Applicants must also submit a resume, a personal statement, and two letters of reference.

  10. Carnegie Mellon University
    Location

    Pittsburgh, PA

    Founded in 1900, CMU established itself as one of the best private universities in the country. CMU now enrolls nearly 14,700 students every year.

    CMU's online master of information systems management program allows students to finish their degree in as little as 12 months. Graduates of this online program now work as data analysts, data scientists, product managers, software engineers and developers, and business intelligence engineers.

    All applicants must answer the required questions within the online application form and upload their updated resume and essay. Prospective students must also submit their academic transcripts.

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Choosing a Program

Prospective students should apply to online business management degree programs that cater to their intended field and specialization. Common concentrations include construction, healthcare, and emergency management. Programs offer these specialized concentrations within broad business management curricula, which emphasize leadership, organization, and business ethics. After earning a business management degree online, graduates possess the skills and knowledge necessary to succeed in any business environment.

Even fully online programs may have some in–person requirements, such as internships or fieldwork. Other programs require a thesis project or a capstone seminar. When choosing a business management program, consider whether the requirements support your goals. For example, if your chosen profession requires experience, select a program that includes field experience or an internship.

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Online Master’s in Management Careers

Featured Online Colleges

The broad, comprehensive nature of an online business management degree improves graduates’ employment opportunities. After earning a business management degree online, graduates work in a variety of business environments and fields. The careers below are examples of potential job options for professionals with an accredited online business management degree.

Management Analysts
Management analysts, or management consultants, help businesses and organizations operate efficiently. The position often involves travel. A graduate degree in business management improves employment opportunities for management analysts.
  • Median Annual Salary: $81,330
  • Projected Growth Rate: 12%
Construction Managers
Ideal candidates for this position hold an advanced business management degree with a specialization in construction management. Construction managers oversee construction projects and work sites, working alongside engineers and architects. They are often in charge of staffing construction projects and managing staff members.
  • Median Annual Salary: $89,300
  • Projected Growth Rate: 11%
Medical and Health Services Managers
These managers often hold a business management degree with a healthcare management concentration. These managers run entire medical facilities, including hospitals. They ensure staff members follow procedures and adhere to regulations.
  • Median Annual Salary: $96,540
  • Projected Growth Rate: 20%

Source: Bureau of Labor Statistics

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