There are many different options for working business professionals with a desire to obtain a Master of Business Administration (MBA) credential. One of the most flexible of these options is an online accelerated Professional MBA program. Designed for individuals with significant experience in the corporate world, these degree plans give students an avenue towards an MBA that enables them to keep their office jobs while honing their management skills and advancing their careers. In this ranking, we identify the top 25 affordable and accelerated PMBA online programs.

Rating and Ranking Methodology

Time to Completion

  • Less Than 2 Years: 1 point
  • 20 Months or Less: 2 points
  • 18 Months or Less: 3 points
  • 16 Months or Less: 4 points
  • 14 Months or Less: 5 points
  • 12 Months or Less: 6 points

Graduate Tuition

  • Less Than $20,000: 1 point
  • Less Than $15,000: 2 points
  • Less Than $10,000: 3 points
  • Less Than $5,000: 4 points

Accreditation (School-Wide and Program-Specific) – 1 point per item
Presence of an Online Student Support Network– 1 point

Ranking the 25 Best Affordable Accelerated Online Professional Master of Business Administration (PMBA) Degree Programs

Our search for the top online accelerated PMBA programs began with an initial pool of 34 different programs. We applied tuition and completion time filters to narrow the pool, eliminating any program with completion times of over two years or graduate tuition expenses of over $20,000. In applying the rating and ranking methodology above, our editors consulted the National Center for Education Statistics (NCES) and each school’s website. In the case of a tie, we awarded the higher ranking to the more affordable program.

 
 

#25—Quinnipiac University

Hamden, Connecticut

Online PMBA

Website

Minimum Time to Completion: 24 Months

Points: 4

Top 25 Affordable Accelerated Professional MBA Online Programs - Quinnipiac University

One of the entirely online PMBA programs in our ranking, the online professional Master of Business Administration option from Quinnipiac University is designed to be completed within just two years. The 33-credit hour curriculum for the program features six core courses, including the following titles:

  • Strategic Thinking Across Business Functions
  • Managing and Leading People in Organizations
  • Data-Driven Decisions with Visual Analytics
  • Creating Innovation in Organizations

In addition to this required core, students will also choose five elective classes from options such as:

  • Information Systems Strategy
  • Predictive Modeling
  • Strategic Public Relations and Reputation Management
  • International Business Negotiation

Quinnipiac University holds institutional accreditation from the New England Commission on Higher Education to confer this accelerated Professional MBA online. The Association to Advance Collegiate Schools of Business (AACSB) also accredits the program itself. U.S. News & World Report has named the school one of the top 35 colleges and universities in the nation for an online MBA.

Graduate Tuition: $18,990

#24—Loyola University Maryland

Baltimore, Maryland

Online Professional Master of Business Administration

Website

Minimum Time to Completion: 24 Months

Points: 4

Top 25 Affordable Accelerated Professional MBA Online Programs - Loyola University

The accelerated online professional MBA offering from Loyola University Maryland can be pursued entirely online or via a hybrid learning format. Coursework is delivered via accelerated eight-week sessions, and class sizes are kept small for maximum interactivity. Five concentration options are available to enrolled students:

  • Interdisciplinary Business
  • Management
  • Data Analytics and Digital Technologies
  • Marketing
  • Finance

In addition to specialization courses, students will take core classes such as the following:

  • Emerging Technologies and Analytics
  • Applied Business Statistics
  • Accounting for Decision Making
  • Law, Ethics, and Social Responsibility

A capstone course in Strategic Management is also required before graduation. Loyola University Maryland is fully accredited by the Middle States Commission on Higher Education to award the accelerated PMBA online. The program itself also holds special accreditation from the Association to Advance Collegiate Schools of Business (AACSB).

Graduate Tuition: $17,910

#23—University of Illinois

Urbana- Champaign, Illinois

Professional MBA Online

Website

Minimum Time to Completion: 24 Months

Points: 4

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Illinois at Urbana-Champaign

Offered through the Gies College of Business, the Professional MBA online program from the University of Illinois combines distance learning with traditional classroom instruction. The curriculum for the program is comprehensive and emphasizes general management. Sample course titles include:

  • Leadership & Teams
  • Accounting Measurement, Reporting, and Control
  • Process Management
  • Marketing Insights Using Survey Research

Experiential learning opportunities are available but not required. The Higher Learning Commission has accredited the University of Illinois to award the online PMBA credential. The school’s part-time MBA program has been ranked among the top 100 in the country by U.S. News & World Report.

Graduate Tuition: $14,997

#22—University of Texas-Dallas

Richardson, Texas

Professional Master of Business Administration Online

Website

Minimum Time to Completion: 21 months

Points: 5

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Texas at Dallas

The fully online PMBA program from the University of Texas-Dallas is offered through the prestigious Naveen Jindal School of Management. Courses comprising the comprehensive 53-semester hour curriculum for the program include:

  • Managing IT in the Analytics Age
  • Cross-Cultural Communications and Management
  • Statistics and Data Analysis
  • Marketing Management

Students may also elect one of fifteen available MBA concentrations, including standout options like:

  • Internal Audit
  • Systems Engineering and Management
  • Energy Management
  • Information Technology Management
  • Real Estate

The Southern Association of Colleges and Schools Commission on Colleges has accredited UT-Dallas to confer the accelerated professional MBA online. U.S. News & World Report has ranked the program among the 10 best online MBAs in the nation.

Graduate Tuition: $13,874

#21—University of Oklahoma

Norman, Oklahoma

Online Professional MBA

Website

Minimum Time to Completion: 2 Years

Points: 5

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Oklahoma

The University of Oklahoma offers a highly affordable and accelerated online professional MBA through its distinguished Price College of Business and the Gene Rainbolt Graduate School of Business. Designed to be completed in just 24 months, the program is synchronous in nature for maximum student engagement. Sample course titles comprising the program’s 36-credit hour curriculum include:

  • Organizational Behavior
  • Strategic Management
  • Negotiations
  • Managerial Economics

The Higher Learning Commission has accredited the University of Oklahoma to award the accelerated professional MBA online. The program has been ranked among the top 60 part-time MBA programs in the United States by U.S. News & World Report.

Graduate Tuition: $6,583

#20—University of Missouri-St. Louis

St. Louis, Missouri

Professional Master of Business Administration Online

Website

Minimum Time to Completion: 21 Months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Missouri - St. Louis

The online accelerated professional MBA option from the University of Missouri-St. Louis is technically a hybrid program that blends online coursework with monthly campus visits. The curriculum for the AACSB-accredited program is based on a cohort model and features course titles such as:

  • Law, Ethics, and Business
  • Financial Reporting and Analysis
  • International Business Strategies
  • Managerial Communication

Students will also participate in a culminating study abroad trip. The Higher Learning Commission has accredited the UMSL to confer the accelerated PMBA online. Moreover, U.S. News & World Report has ranked the part-time MBA program among the best in the nation.

Graduate Tuition: $12,007

#19—University of Arizona

Tucson, Arizona

Online Professional MBA

Website

Minimum Time to Completion: 21 Months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Oklahoma

The affordable and accelerated online Professional MBA from the University of Arizona is offered through its renowned Eller College of Management. Technically a hybrid option, the program features mostly online coursework combined with biweekly campus visits. Enrolled students will complete 45 credit hours of coursework over the course of 21 months. Sample course titles include:

  • Managing Ethics in Organizations
  • Applied Business Statistics
  • Economics for Managers
  • Survey of Finance as Analyst

In addition to core courses, students will choose elective classes around one of four distinct concentrations:

  • Information Systems Management
  • Marketing
  • Management and Organizations
  • Entrepreneurship

The Higher Learning Commission has accredited the University of Arizona to award the PMBA online credential. U.S. News & World Report has ranked the school’s online MBA programs among the top 10 nationwide.

Graduate Tuition: $11,938

#18—Anderson University

Anderson, Indiana

Online PMBA

Website

Minimum Time to Completion: Less Than 2 Years

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - Anderson University

Offered through the Falls School of Business, the online accelerated Professional MBA from Anderson University can be completed in less than two years. The curriculum for the program is customizable, enabling students to select one of nine optional concentrations, including:

  • International Business
  • Sports and Entertainment Brand Management
  • New Venture Development
  • Leadership

Sample course titles comprising the program’s degree plan include:

  • Business and Society
  • Leading Organizational Change
  • Strategic Accounting and Financial Decisions
  • Business Plan Development

An optional Travel Seminar trip is available for interested students. The Higher Learning Commission has extended accreditation to Anderson University to award the online professional MBA credential. U.S. News & World Report has recognized the program as one of the country’s best online MBAs.

Graduate Tuition: $9,808

#17—University of Missouri-Kansas City

Kansas City, Missouri

PMBA Online

Website

Minimum Time to Completion: 2 Years

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Missouri - Kansas City

Offered through the Henry W. Bloch School of Management, the online accelerated PMBA program from the University of Missouri-Kansas City enables students to elect a combination of online and on-campus courses. Core classes comprising the 39-credit hour curriculum for the program include:

  • Strategic Management in the Globalized World
  • Leading and Managing People, Teams, and Organizations
  • Corporate Entrepreneurship and Innovation
  • Business Analytics and Statistics

Elective classes are also available in several different sub-fields of business such as:

  • Management Information Systems
  • Data Analytics
  • Health Administration
  • Supply Chain and Operations Management

The University of Missouri-Kansas City is fully accredited by The Higher Learning Commission to award the accelerated professional MBA online credential. U.S. News & World Report has ranked UMKC’s part-time MBA programs among the best in the country.

Graduate Tuition: $9,542

#16—Ohio University

Athens, Ohio

Professional Online MBA

Website

Minimum Time to Completion: 24 months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - Ohio University

Technically a hybrid offering, the online professional MBA program from Ohio University combines virtual learning with once a month campus residencies. The curriculum for the program is customizable and features eight distinct concentrations:

  • Business Venturing
  • Accounting
  • Finance
  • Health Care
  • Business Analytics
  • Strategic Selling & Sales Leadership
  • Operations and Supply Chain Management
  • Executive Management

In addition to elective and specialization classes, students will take core courses such as:

  • Strategic Use of Information
  • Strategic Marketing and Supply Chain Management
  • Data Analysis for Decision Making
  • Organizational Behavior and Human Resource Management

Ohio University is institutionally accredited by The Higher Learning Commission to award the professional master of business administration online. The program itself holds separate accreditation from the Association to Advance Collegiate Schools of Business (AACSB). U.S. News & World Report has ranked the program among the nation’s best online MBAs.

Graduate Tuition: $9,444

#15—University of Memphis

Memphis, Tennessee

Professional Online Master’s in Business Administration

Website

Minimum Time to Completion: 2 Years

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Memphis

Students enrolled full-time in the accelerated online PMBA program from the University of Memphis can earn their Master of Business Administration credentials within just two years. Students who elect the general track may complete their studies entirely online, while those who opt for a concentration will need to attend some on-campus classes. Once enrolled, students will take 10 core courses, including:

  • Supply Chain Operations Management
  • Economics for the Global Executive
  • Financial and Managerial Accounting for Managers
  • Information Systems in the Global Enterprise

The Southern Association of Colleges and Schools Commission on Colleges has accredited the university to confer the online Professional MBA online. The program itself holds separate accreditation from the AACSB. U.S. News & World Report has ranked the school’s online MBA programs among the top 65 nationwide.

Graduate Tuition: $9,216

#14—University of Tennessee-Chattanooga

Chattanooga, Tennessee

Professional MBA Online

Website

Minimum Time to Completion: 24 Months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Tennessee - Chattanooga

The AACSB-accredited online professional MBA offering from the University of Tennessee-Chattanooga is offered through the university’s Gary W. Rollins College of Business. The program is open to applicants with at least three years of professional experience, and courses are delivered asynchronously for maximum flexibility. The 36-credit hour curriculum for the program features course titles like:

  • Organizational Behavior, Theory, and Practice
  • Production and Operations Management
  • Entrepreneurship and New Ventures
  • Management of Information Systems

The University of Tennessee-Chattanooga holds the necessary accreditation to offer this accelerated PMBA online from the Southern Association of Colleges and Schools Commission on Colleges. U.S. News & World Report has ranked the school among the top 65 colleges and universities in the nation for an online Master of Business Administration.

Graduate Tuition: $8,450

#13—University of Utah

Salt Lake City, Utah

Online Professional Master of Business Administration

Website

Minimum Time to Completion: 24 Months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Utah

Offered through the David Eccles School of Business, the accelerated online PMBA from the University of Utah can be completed in just two years of online or on-campus study. The curriculum for the program requires 48 credit hours of coursework, including classes such as:

  • Operations Management
  • Data Analysis and Decision Making
  • Marketing Management
  • Information Technology

In addition to core courses, students will also choose elective classes from options like the following:

  • Machine Learning for Business Applications
  • Diversity and Inclusion: A Business Strategy
  • Advanced Corporate Finance
  • Business Valuation and Analysis

The University of Utah holds institutional accreditation to offer the online Professional MBA from the Northwest Commission on Colleges and Universities. The Association to Advance Collegiate Schools of Business (AACSB) separately accredits the PMBA program. According to U.S. News & World Report, the program is one of the nation’s top 20 online MBA offerings.

Graduate Tuition: $7,211

#12—Texas Tech University

Lubbock, Texas

PMBA Online

Website

Minimum Time to Completion: 24 Months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - Texas Tech University

Texas Tech University’s affordable accelerated PMBA online program is actually a hybrid offering that requires campus attendance once per month. Offered through the school’s Rawl’s College of Business, the two-year degree plan features two distinct specializations:

  • Energy Business
  • Big Data

Core courses required for the degree include:

  • Statistical Concepts for Business and Management
  • Marketing Concepts and Strategies
  • Information Technology and Operations Management
  • Strategic and Global Management

Elective classes are also available and include:

  • Market Forecasting and Analytics
  • Managing Innovation and Change
  • Negotiation and Conflict Management Skills
  • Income Tax Accounting for Managers

The Southern Association of Colleges and Schools Commission on Colleges has accredited Texas Tech to confer the accelerated online Professional MBA. U.S. News & World Report has ranked the program among the best online MBA programs in the nation.

Graduate Tuition: $5,958

#11—University of North Carolina-Wilmington

Wilmington, North Carolina

Online Professional MBA

Website

Minimum Time to Completion: 24 Months

Points: 6

Top 25 Affordable Accelerated Professional MBA Online Programs - University of North Carolina Wilmington

The online accelerated PMBA option from the University of North Carolina-Wilmington is offered through the university’s distinguished Cameron School of Business. Technically a blended learning program, the professional MBA program combines online learning with weekly on-campus classes. The comprehensive 42-credit hour curriculum for the program features six distinct specializations:

  • International Business
  • Business Analytics
  • Finance
  • Marketing
  • Healthcare Management
  • Supply Chain Management

Specific course titles include:

  • Information Analysis & Management
  • Corporate Finance
  • Operations Management
  • Business Law

UNC-Wilmington is fully accredited by the Southern Association of Colleges and Schools Commission on Colleges to award the online Professional Master of Business Administration. U.S. News & World Report has recognized the program as one of the country’s top online MBAs.

Graduate Tuition: $4,719

#10—North Carolina State University

Raleigh, North Carolina

PMBA Online

Website

Minimum Time to Completion: 21 Months

Points: 7

Top 25 Affordable Accelerated Professional MBA Online Programs - North Carolina State University

North Carolina State University offers a highly flexible and accelerated online Professional Master of Business Administration through its Poole College of Management. Students can enroll in the program in the fall or spring and complete their MBA in just 21 months. Coursework can be completed entirely online, but students must attend two required residencies on campus. The curriculum for the program includes core courses such as:

  • Essential Economics for Managers
  • Leading People
  • Data-Driven Managerial Decisions
  • Financial Management of Corporations

A practicum is also required for successful program completion. The Southern Association of Colleges and Schools Commission on Colleges has accredited NC State to confer the accelerated online PMBA credential. The program itself is separately accredited by the Association to Advance Collegiate Schools of Business (AACSB). It has also been ranked among the top 15 online MBA programs in the country by U.S. News & World Report.

Graduate Tuition: $9,095

#9—University of Georgia

Athens, Georgia

Professional MBA Online

Website

Minimum Time to Completion: 23 Months

Points: 7

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Georgia

The University of Georgia offers its part-time accelerated PMBA online program through the Terry College of Business. Technically a hybrid option, the program features weekend or evening classes in combination with distance education. The 48-credit hour curriculum for the program features course titles such as:

  • Analytical Tools for Decision Making
  • Managerial Finance
  • Economic Analysis for Business Leaders
  • Legal and Regulatory Environment of Business

An optional international residency is also available for students who desire to study abroad. The University of Georgia holds institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges to award the online professional master of business administration. The program has been ranked among the nation’s top part-time MBAs by U.S. News & World Report.

Graduate Tuition: $8,878

#8—Bowling Green State University

Bowling Green, Ohio

Professional Online Master of Business Administration

Website

Minimum Time to Completion: 23 Months

Points: 7

Top 25 Affordable Accelerated Professional MBA Online Programs - Bowling Green State University

Students enrolled in Bowling Green State University’s accelerated online PMBA program must attend campus once per week in the evenings. All other coursework is offered online. Available through the school’s Allen W. and Carol M. Schmidthorst College of Business, the program features course titles such as:

  • Marketing Management and Strategy
  • Information Technology for Managers
  • Statistics for Managerial Decisions
  • Leading for Organizational Success

Bowling Green State is institutionally accredited by The Higher Learning Commission to award the accelerated Professional MBA online. The part-time MBA has been ranked among some of the best such programs in the United States by U.S. News & World Report.

Graduate Tuition: $8,017

#7—Friends University

Wichita, Kansas

Professional MBA Online

Website

Minimum Time to Completion: 15 Months

Points: 8

Top 25 Affordable Accelerated Professional MBA Online Programs - Friends University

Friends University offers a highly versatile accelerated online Professional Master of Business Administration (PMBA) that can be completed in as few as 15 months. Once enrolled, students can choose from seven different concentration options, including:

  • Accounting
  • Finance
  • Sports Administration
  • Project Management
  • Change Management
  • Supply Chain Management
  • Human Resources

Regardless of concentration, all students will take required core classes such as:

  • Leadership as a Calling
  • Managerial Economics
  • Business Diversity and Cross-Cultural Communication
  • Marketing: A World View

Students have the option to complete either a practicum or internship as a culminating experience. The Higher Learning Commission has accredited Friends University to award the accelerated PMBA online. U.S. News & World Report has ranked the school’s online MBA programs among the nation’s best.

Graduate Tuition: $11,358

#6—University of the Incarnate World

San Antonio, Texas

Professional Master’s in Business Administration Online

Website

Minimum Time to Completion: 10 Months

Points: 9

Top 25 Affordable Accelerated Professional MBA Online Programs - University of the Incarnate Word

One of the most accelerated online master of business administration programs available, the online PMBA program from the University of the Incarnate World can be completed in as few as 10 months. The robust curriculum for the program features three optional concentrations:

  • Asset Management
  • Human Resource Management
  • Data Analytics

Regardless of specialization, all students enrolled in the program will take core PMBA classes such as:

  • Managerial Finance
  • Strategic Marketing, Communications, and Research
  • Leading Organizations and Human Resources
  • Global Strategy, Policy, and Regulation

The University of the Incarnate World is fully accredited by the Southern Association of Colleges and Schools Commission on Colleges to award the PMBA online. U.S. News & World Report has ranked the program among the best online MBA offerings in the nation.

Graduate Tuition: $17,280

#5—Southwestern College

Winfield, Kansas

Professional MBA Online

Website

Minimum Time to Completion: 14 Months

Points: 9

Top 25 Affordable Accelerated Professional MBA Online Programs - Southwestern College

The highly accelerated online PMBA option from Southwestern College can be completed within just 14 months. The 33-credit hour curriculum for the program is delivered entirely online and features classes like:

  • Technology and Innovation Management
  • Financial Management, Analysis, and Decision Making
  • Organizational Dynamics and Change
  • Globalization in Organizations

A culminating MBA graduate project is also required for successful program completion. Southwestern College is institutionally accredited by the Higher Learning Commission to award the professional master of business administration online. U.S. News & World Report has ranked the program among the nation’s best online MBAs.

Graduate Tuition: $11,340

#4—Florida International University

Miami, Florida

Online Professional Master of Business Administration (PMBA)

Website

Minimum Time to Completion: 18 months

Points: 9

Top 25 Affordable Accelerated Professional MBA Online Programs - Florida International University

Florida International University’s accelerated online PMBA program can be completed in as few as 18 months. The curriculum for the program is dynamic, featuring eight different specialization options, including:

  • Business Data Analytics
  • Marketing Channel Strategy
  • Entrepreneurship and Innovation
  • Strategic Negotiations

Despite their area of emphasis, all students will complete core courses such as:

  • Business Analysis for Decision Making
  • Management of Information Systems
  • Marketing Management in the Global Environment
  • Legal Environment of Business

Three professional development seminars are also required for successful program completion. FIU holds institutional accreditation from the Southern Association of Colleges and Schools Commission on Colleges to award the accelerated PMBA online. The program itself holds special accreditation from the Association to Advance Collegiate Schools of Business (AACSB). U.S. News & World Report has named it one of the 65 best online MBAs in the country.

Graduate Tuition: $8,912

#3—University of La Verne

La Verne, California

Online MBA for Experienced Professionals

Website

Minimum Time to Completion: 12 Months

Points: 10

Top 25 Affordable Accelerated Professional MBA Online Programs - University of La Verne

The 33-credit hour online Professional MBA from the University of La Verne can be completed within just one year of study. The program is customizable, enabling students to select one of a dozen available concentrations. Popular specializations include:

  • Health Services Management
  • Information Technology
  • International Business
  • Accounting
  • Supply Chain Management
  • Marketing

Depending on the area of emphasis they choose, enrolled students may take courses such as:

  • Designing Effective Organizations
  • Strategic Marketing Management
  • Entrepreneurial Finance
  • Systems Planning and Implementation

The University of La Verne is institutionally accredited by the WASC Senior College and University Commission to award the accelerated Professional MBA online. The program has been ranked among the nation’s best online MBAs by U.S. News & World Report.

Graduate Tuition: $14,256

#2—University of Central Oklahoma

Edmond, Oklahoma

Professional Master of Business Administration Online

Website

Minimum Time to Completion: 16 Months

Points: 10

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Central Oklahoma

Students looking for a fast and affordable pathway towards a Master of Business Administration should consider the online PMBA program from the University of Central Oklahoma. Designed to be completed within just 16 months, the fully online program features core courses such as:

  • Leading People in Organizations
  • Project and Program Management
  • Business Ethics & Sustainability
  • Building Effective Teams

Students will also choose from elective classes including:

  • Organizational Change and Innovation
  • Accounting Research Methods
  • Investments Management
  • Energy Economics

UCO is fully accredited by the Higher Learning Commission to award the professional MBA online. U.S. News & World Report has ranked the school among the top 75 regional universities in the West.

Graduate Tuition: $7,000

#1—University of Guam

Mangilao, Guam

Online PMBA

Website

Minimum Time to Completion: 12 Months

Points: 12

Top 25 Affordable Accelerated Professional MBA Online Programs - University of Guam

The University of Guam’s affordable and accelerated online Professional Master of Business Administration program can be completed in just one year of study. The 33-credit hour curriculum for the program is comprised of core business classes such as:

  • Operations and Project Management
  • Statistical Analysis and Econometric Techniques
  • Strategic Marketing Management
  • Advanced Topics in International Business

A Business Capstone experience is also required for successful program completion. The University of Guam holds its institutional accreditation from the WASC Senior College and University Commission. The PMBA program is also separately accredited by the International Assembly for Collegiate Business Education (IACBE). U.S. News & World Report has ranked the school among the top 85 regional universities in the West.

Graduate Tuition: $5,130

About Professional Master of Business Administration (MBA) Programs

Professional Master of Business Administration, or PMBA, programs are special types of MBA offerings designed for working business professionals. Usually part-time programs, PMBAs enable students to keep their full-time jobs while advancing their careers by earning an MBA credential. Typically, Professional MBA classes are scheduled during the evenings or on weekends to accommodate busy schedules.

About Accelerated Online Professional MBA Programs

Professional Master of Business Administration programs are meant to be flexible to appeal to working professionals. Accelerated PMBA online programs take this convenience to the next level, though. These options provide students with quick and accessible pathways towards a coveted MBA credential, sometimes without leaving their home or office. In some cases, accelerated online PMBA students can earn their master of business administration degrees in just one year or even less.

Types of Online Accelerated Professional MBA Degree Options

Although they’re often grouped (as in this ranking, for example), not all online accelerated Professional MBA programs are alike. This section will discuss some of the most significant differences you’ll find when comparing programs.

Part-Time Versus Full-Time Online PMBAs

While most online Professional MBAs are offered on a part-time basis, some of the most accelerated online PMBA programs are actually full-time offerings. Working adults who are willing and able to take on full course loads during the evenings and weekends will finish degree requirements more quickly than those who opt for a part-time track.

Hybrid Versus Fully Online Professional MBA Programs

Many of the programs in our ranking of accelerated online PMBAs are really hybrid programs. This means they require some degree of campus attendance. On-campus requirements for hybrid Professional MBA programs can vary from a few in-person meetings over the duration of the program to monthly or even weekly classes. Fully online accelerated PMBA options, on the other hand, are the most convenient types of Professional MBAs in that they can be completed without ever visiting campus.

Synchronous Versus Asynchronous Online Professional Master of Business Administration Degree Plans

Accelerated Professional MBA online programs may also differ in terms of content delivery. The most engaging and interactive online PMBAs feature synchronous content delivery, meaning lectures and classroom discussions happen virtually in real time. On the other hand, asynchronous accelerated PMBAs are self-paced programs that include pre-recorded lectures and discussion boards. Some Professional Master of Business Administration programs blend synchronous and asynchronous delivery methods for a unique experience.

Admissions Requirements for Accelerated Online PMBA Programs

Getting into an online accelerated Professional MBA program is similar to applying to an online MBA program of any kind. However, the admissions criteria for these professional programs are slightly different. Specifically, PMBA programs require at least two years of experience working in a corporate setting while standard MBA programs are typically open to candidates with little or no business experience.

Another distinction between traditional MBA admissions and online PMBA admissions is college entrance exam requirements. While MBA programs typically require Graduate Management Admission Test (GMAT) scores, Professional MBA programs often waive this requirement.

Still, you can expect additional admissions requirements, including a degree in business or a closely related field as well as a minimum undergraduate GPA. This GPA requirement will vary depending on the competitiveness of the program. You may also be required to submit a current resume, a letter of reference from your employer, and a personal statement or essay.

Online Accelerated PMBA Degree Plans: Curriculum

Just as admissions requirements may vary somewhat from one accelerated online Professional MBA program to the next, so too will the curricula for these programs. Still, you can expect some characteristics of these programs to be standard. Generally speaking, online PMBAs require anywhere from 30 to 50 credit hours of coursework, and the bulk of the program will consist of core business courses. We’ve listed some of these fundamental classes below for the sake of example.

Core PMBA Classes:

  • Business, Law, and Ethics in Modern Society
  • Managing Organizations
  • Advanced Microeconomics for Managers
  • Foundations of Teamwork and Leadership
  • Data Analysis and Decision Making
  • Operations Management

Depending on the requirements for your specific accelerated online PMBA program, you can expect to take some concentration and/or elective classes. These classes can be strategically chosen to fulfill a certain specialization or accommodate a specific academic interest or career goal. To give you an idea of the types of electives or concentration courses you may encounter, we’ve listed some examples below.

PMBA Concentration/Elective Classes:

  • Cybersecurity Risk and Compliance
  • Competitive Advantage Through People
  • Reading and Interpreting Financial Statements
  • Financial Applications of Statistical Models
  • Consumer Behavior
  • Data Science and Big Data

Culminating Element

In addition to coursework, most online accelerated Professional MBA programs will require some type of culminating element prior to graduation. These elements of the degree plan can take various forms, including:

  • Internships
  • Practicums
  • Comprehensive Examinations
  • Scholarly Research Projects

For specific information about the culminating element required for a particular accelerated online PMBA program, visit the program’s website or contact a school representative.

Popular Concentrations for Online Accelerated PMBA Programs

Business administration is a broad field, so specializations within online Professional MBA programs are common. There are dozens of concentrations and focus areas available, so you should have no trouble finding a program relevant to your career goals and interests. Keep in mind, too, that some programs may lack predetermined concentrations but are elective-rich, meaning you can customize your degree plan around a specific niche of your choosing.

Finance

Accelerated PMBA online students with a desire to help individuals, small businesses, or corporations manage their income and expenses should consider a Professional Master of Business Administration degree with a concentration in Finance. Classes comprising such a program’s curriculum may include:

  • International Finance
  • Investment Management
  • Financial Institutions and Markets
  • Mergers and Acquisitions

Marketing

Prospective Professional MBA online students with a desire to obtain leadership and management positions in the marketing sector could benefit from an online PMBA with a concentration in Marketing. Those who do will likely encounter course titles such as:

  • Buyer Behavior Theory
  • New Product Planning, Strategy, and Development
  • Digital Marketing
  • Consumer Behavior

International Business

Students with a global perspective on business may find an accelerated online PMBA with a concentration in International Business appealing. Coursework for a program of this kind may include classes like:

  • Global Strategic Management
  • Cross-Cultural Management
  • International Financial Management
  • Leading Across Boundaries

Real Estate

Professionals working in real estate often seek an online Professional MBA to hone their skills and advance in their current roles. Coursework for an accelerated PMBA online degree with a specialization in real estate may be comprised of courses such as:

  • Aggregate Economic Analysis
  • Real Estate Law
  • Real Estate Market Analysis and Investment
  • Real Estate Finance and Investment

Information Technology Management

To be a leader in the field of IT, you need a unique blend of technical and leadership skills. An online accelerated PMBA with a concentration in Information Technology Management can help prospective students develop this in-demand skillset. Courses in this concentration might include:

  • Systems Analysis and Design
  • Information Security and Privacy
  • Database Management Systems
  • Leading Projects Through Virtual Environments

Entrepreneurship

An entrepreneurial spirit can only take one so far. An accelerated online Professional MBA with a concentration in Entrepreneurship can give entrepreneurs the competitive edge they need to achieve a breakthrough. Classes comprising the curriculum for such a program may include:

  • Ideation, Creativity, and Innovation
  • Venture Capital
  • Entrepreneurial Finance and Private Equity
  • Law for Entrepreneurs

Human Resources Management

One of the fastest-growing subfields of business, human resources requires both people skills and business fundamentals knowledge. An online accelerated PMBA with a concentration in Human Resources Management can help professionals advance to management positions in HR. A program of this kind may feature course titles like the following:

  • Foundations of Human Resource Staffing
  • Leadership and Team Management
  • Talent Acquisition: Attraction and Selection
  • Compensation and Benefits

Frequently-Asked Questions About Accelerated Online Professional MBA Programs

Questions are common for those students considering an accelerated Professional MBA online. Below, our editors have addressed some of the most frequently asked questions about these online programs. As you consider these, keep in mind that the information is intended to provide general guidance and is not meant to replace a school admissions officer’s advice.

Q: How long does it take to earn an accelerated online PMBA degree?

A: It varies. The accelerated Professional MBA online programs in our ranking range in completion time from 10 months to 2 years.

Q: How much does an accelerated online Professional MBA cost?

A: Tuition will depend on the college or university you attend. In our search for the top accelerated online PMBA programs in the United States, we found programs ranging in cost from under $5,000 per year to over $50,000 annually.

Q: Can I earn my online Professional Master of Business Administration (PMBA) entirely online?

A: Yes. Though some programs labeled online PMBAs are actually hybrid programs, some fully online options do exist.

Q: Can I get an accelerated online PMBA without GMAT scores?

A: Yes. A surprising number of these Professional MBA programs waive GMAT score requirements.

Career Questions for Accelerated Online PMBA Degrees

Q: What professional roles will I be qualified for with an online Professional MBA credential?

A: Career opportunities with an online PMBA are similar to those you’ll find with any MBA credential. Some of these job titles include:

  • Chief Executive Officer (CEO)
  • Chief Financial Officer (CFO)
  • Marketing Manager
  • Human Resource Director
  • Administrative Services Manager
  • Chief Information Officer (CIO)
  • Chief Operating Officer (COO)
  • Sales Manager

Q: How much will I earn with an online PMBA degree?

A: Salaries will vary based on your terms of employment and geographical location. While PayScale does not report the average salary for individuals with a PMBA, the site has determined the average annual wage for those with an MBA to be over $88,000 a year and those with an Executive MBA to be over $117,000 per year.

Q: Are occupations for PMBA holders in demand?

A: Yes. According to the Bureau of Labor Statistics (BLS), management occupations are currently growing faster than average.

Q: What professional organizations are there for PMBA holders?

A: Dozens of professional organizations are available for students and graduates of business administration degree programs. Some of these associations include:

  • American Management Association
  • Institute of Management Accountants
  • American Marketing Association
  • Society of Human Resource Management
  • American Association of Healthcare Administrative Management

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