A New Ranking of Online MBA Programs

In an inaugural ranking of online MBA programs, U.S. News & World Report yesterday (Jan. 11) named 14 of 164 ranked programs to an alphabetical “honor roll” of what it considers the best business school in Internet education. They include Arizona State University’s W.P. Carey School of Business, Indiana University’s Kelley School of Business, and George Washington University’s School of Business.

The U.S. News online list is the first stab at ranking online MBA programs by a major media brand. As such, it’s a somewhat awkward and confusing first effort. The methodology employed by the magazine to rank programs is less than clear. The entire undertaking, moreover, is based only on surveys to business schools whose self-reported information is unaudited and unverified.

Oddly, the online program by the business school with the highest ranked full-time MBA program—the University of North Carolina’s Kenan-Flagler Business School–isn’t on the honor roll list at all. The reason: it was only started last year.

The magazine also offers no overall ranking of the best programs because the unaudited information it received from the schools was deemed too unreliable by U.S. News to create an overall list. Instead, U.S. News decided to rank schools in four separate categories based on the data from the schools. The schools that made the magazine’s “honor roll” had to be ranked in the top third of three of the four categories.

They are:

1) Admissions selectivity.

2) Faculty credentials and training.

3) Student engagement and accreditation.

4) Student services and technology.

The 14 schools that were in the top third of these four categories and therefore made U.S. News’ “honor roll” are an unusual lot. At least five of the 14 are running online MBA programs that are not approved by the primary accreditation group for business schools, the Association to Advance Collegiate Schools of Business (AACSB). One of them–the Florida Institute of Technology with the largest enrollment (2,188)–told U.S. News that the graduation rate in 2011 for its students was only 27% after two or three years in the program. This program reported having only one full-time faculty member and 84 part-timers. It also reported to U.S. News that only 27% of its students who attended the program for two to three years graduated in 2011.


SchoolGMAT ScoreGPAAcceptance RateEnrollmentAve. AgeFT FacultyPT Faculty
Arizona State University Tempe, AZ5723.2462%54831192
Arkansas State University Jonesboro, AK5203.0477%3032100
Brandman University Irvine, CANANANA19037942
Central Michigan Univ. Mount Pleasant, MI5303.5262%20838165
Clarkson University Potsdam, NY5003.3585%6034191
Florida Institute of Tech Melbourne, FLNANANA2,18836184
Gardner-Webb University Boiling Springs, NCNANANA558NA1950
George Washington Univ. Washington, D.C.NANANA2264385
Indiana University Bloomington, IN6223.3476%833317610
Marist College Poughkeepsie, NY5113.3439%16931115
Quinnipiac University Hamden, CT5213.3168%22535224
Temple University Philadelphia, PA5493.0178%4335181
Univ. of Houston–Clear Lake Houston, TXNANANANANA6726
University of Mississippi University, MSNANANA56NA121

Source: U.S. News and World Report 2011 inaugural online MBA ranking