Rankings / Online Masters

Best Online Master's in Business

By David Krug, Co-Founder, CollegeRanker · Updated 2026-05-31 · 11 schools · Agent Insights

Schools Analyzed

$60,255

Avg. Earnings (10yr)

35%

Avg. Graduation Rate

$16,998

Avg. Net Price

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Online master's programs in business are increasingly popular as professionals look to enhance their skills and career prospects. With an average earning potential of $60,255 for graduates, these programs offer a pathway to improved job stability and higher salaries.

The best schools in this list stand out due to their strong outcomes, particularly in earnings and graduation rates. Key factors like average debt and completion rates provide insight into the overall value of these programs, guiding prospective students in their decision-making. Below, you'll find a comparison of programs that excel in these critical areas.

For instance, the University of Florida-Online boasts an impressive earning potential of $71,588 and a graduation rate of 81%, making it a standout choice. In contrast, Western Governors University, with earnings of $60,615 and a significantly lower graduation rate of 48%, illustrates the trade-off between potential income and completion success. This contrast highlights the importance of researching beyond just earning potential.

Key Findings

University of Florida-Online graduates earn $71,588 on average, the highest in this list.

Western Governors University has a graduation rate of just 48%, significantly lower than the average of 35%.

Embry-Riddle Aeronautical University-Worldwide has the highest debt at $23,666, which may impact long-term financial stability.

The average net price across these programs is $11,300, suggesting that many can be accessed affordably.

Quick Numbers

Schools ranked 11

Avg. earnings at 10yr $60,255

Avg. graduation rate 35%

Avg. net price $16,998

Avg. median debt $20,477

How We Ranked

Online master's programs ranked by outcomes and program concentration in Business & Marketing

Read our full methodology →

Earnings vs. Cost

Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.

Graduation Rates

Longer bars = higher graduation rate.

Top 3

University of Florida-Online

Gainesville, FL

Graduation81%

Earnings$71,588

Net Price$4,815

View full profile →

Western Governors University

Salt Lake City, UT

Graduation48%

Earnings$60,615

Net Price$12,548

View full profile →

Embry-Riddle Aeronautical University-Worldwide

Daytona Beach, FL

Graduation21%

Earnings$84,131

Net Price$18,725

View full profile →

Featured Programs From Accredited Schools

Accredited schools accepting applicants in this field.

Full Rankings

University of Florida-Online

Gainesville, FL · 4,627 students · Public

The Business master's program at the University of Florida-Online is designed for ambitious professionals looking to deepen their expertise and advance their careers. Students in this program engage in a rigorous curriculum that emphasizes practical skills and real-world applications, preparing them for leadership roles in various sectors. With a focus on collaboration and innovation, this program attracts individuals who are eager to make an impact in the business world.

61% accepted 81% graduate $71,588 earnings

University's full profile

Western Governors University

Salt Lake City, UT · 155,088 students · Private nonprofit

At Western Governors University, the Business master's program caters to self-motivated learners who value flexibility and innovation in their education. This online program is ideal for working professionals who require a schedule that fits around their existing commitments while still seeking a quality education. The curriculum is tailored to equip students with the necessary skills to excel in today’s rapidly changing business environment.

48% graduate $60,615 earnings

Western's full profile

Embry-Riddle Aeronautical University-Worldwide

Daytona Beach, FL · 9,139 students · Private nonprofit

The Business master's program at Embry-Riddle Aeronautical University-Worldwide is tailored for those passionate about intertwining business acumen with the dynamic fields of aviation and aerospace. Ideal for professionals looking to elevate their careers, the program emphasizes strategic thinking and leadership in industries that are ever-evolving. Students will engage with a curriculum that prepares them for the unique challenges faced in these sectors.

58% accepted 21% graduate $84,131 earnings

Embry-Riddle's full profile

University of Arkansas Grantham

LIttle Rock, AR · 2,833 students · Public

The Business master's program at the University of Arkansas Grantham is a fitting choice for students aiming to break into managerial roles or enhance their leadership capabilities. This program encourages critical thinking and practical problem-solving, making it ideal for those who aspire to drive change within their organizations. Students can expect to engage with real-world business challenges that prepare them for impactful careers.

32% graduate $63,496 earnings

University's full profile

University of New Hampshire College of Professional Studies Online

Manchester, NH · 1,157 students · Public

The Business master's program at the University of New Hampshire College of Professional Studies Online is designed for those looking to advance their careers in a flexible, supportive environment. Students here work toward developing strategic thinking and leadership skills that are essential in today's business landscape, making it a great fit for professionals seeking to elevate their expertise while balancing other commitments.

22% graduate $66,479 earnings

University's full profile

University of Maryland Global Campus

Adelphi, MD · 49,664 students · Public

At the University of Maryland Global Campus, the Business master's program caters to working adults aiming to enhance their managerial and analytical skills in a global business context. This program is ideal for those who are motivated to navigate complex business challenges and drive change within their organizations while enjoying the convenience of online learning.

31% graduate $65,287 earnings

University's full profile

Arizona State University Digital Immersion

Scottsdale, AZ · 53,782 students · Public

Arizona State University's Digital Immersion Business master's program is tailored for students eager to explore the intersection of technology and business. This program is well-suited for those who wish to leverage digital tools to innovate and lead in a fast-paced business environment, and the flexible online format allows learners to fit their studies around personal and professional commitments.

67% accepted 29% graduate $62,668 earnings

Arizona's full profile

Touro University Worldwide

Los Alamitos, CA · 454 students · Private nonprofit

Touro University Worldwide's Business master's program is particularly appealing for those seeking a focused, career-oriented education in a smaller, nonprofit setting. This program is designed for motivated learners who want to deepen their understanding of business principles and make a tangible impact in their organizations while benefiting from a collaborative learning environment.

36% graduate $40,803 earnings

Northwest University-Center for Online and Extended Education

Kirkland, WA · 405 students · Private nonprofit

The Business master's program at Northwest University is designed for those who value flexibility and innovation in their studies. Here, students can engage with a curriculum that emphasizes ethical leadership and practical skills, ideal for aspiring managers and entrepreneurs looking to make an impact in the business world.

40% graduate $54,914 earnings

Northwest's full profile

#10

Bryant & Stratton College-Online

Orchard Park, NY · 8,841 students · Private nonprofit

At Bryant & Stratton College, the Business master's program caters to a diverse student body, including those balancing work and family commitments. This program emphasizes real-world applications, helping students develop the skills needed to navigate today's dynamic business environment, whether they are new graduates or seasoned professionals seeking advancement.

21% graduate $32,568 earnings

Bryant's full profile

#11

Los Angeles Pacific University

San Dimas, CA · 1,483 students · Private nonprofit

Los Angeles Pacific University’s Business master's program is well-suited for individuals seeking to deepen their understanding of business principles while maintaining a flexible schedule. This program invites students to explore innovative business practices in a supportive environment, preparing them for leadership roles in various sectors.

The data reveals a clear pattern: the University of Florida-Online outperforms many peers, with both high earnings ($71,588) and a graduation rate (81%) that far exceeds the average of 35%. In contrast, Embry-Riddle Aeronautical University's graduates earn more ($84,131) but face a daunting 21% graduation rate, indicating challenges in completing their program.

As you navigate these options, consider what matters most for your situation. If a high earning potential is your priority, schools like the University of Florida-Online may be ideal. However, if you need flexibility due to work or family obligations, programs with lower costs like the University of Arkansas Grantham, may align better with your financial situation despite their lower earning figures.

Ultimately, the decision about pursuing an online master's in business can have lasting implications for your career and financial well-being. Each program listed has unique strengths and weaknesses that can shape your path. Choose wisely, as this choice may influence your family's financial future for years to come.

Data Sources

U.S. Dept of Education College Scorecard

Opportunity Insights Mobility Report Card

Social Capital Atlas

Times Higher Education World Rankings

NCES IPEDS

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →

David Krug

Co-Founder, CollegeRanker

David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.

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