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U.S. News 2024 Online MBA Rankings: Indiana University–Bloomington Takes the Top Spot

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U.S. News & World Report has released its 2024 Best Online Programs rankings, including online MBA programs.

Emerging from a tie for first place last year, Indiana University’s Kelley School of Business in Bloomington, now stands alone as the #1 online MBA in this year’s ranking. Carnegie Mellon University Tepper jumped from fifth to second. There is a three-way tie for third, including UNC Kenan-Flagler, USC Marshall, and the University of Washington Foster.

“We see a lot of the usual suspects dominating the online MBA program ranking,” says Clear Admit Co-founder, Graham Richmond. “It’s also noteworthy that the top five programs on this list are offered by highly prestigious institutions with top-25 full-time MBAs in their portfolio: Indiana / KelleyCarnegie Mellon / TepperUNC / Kenan FlaglerUSC / Marshall, and the University of Washington / Foster. In fact, it’s almost uncanny how all the leading traditional MBA programs that also offer an online option really rise to the top of this list.”

The top 28 schools in this year’s edition (with last year’s rankings included for reference) are as follows:

School 2024 Rank 2023 Rank
Indiana University–Bloomington 1 1 (tie)
Carnegie Mellon University 2 5 (tie)
University of North Carolina–Chapel Hill 3 (tie) 1 (tie)
University of Southern California 3 (tie) 3
University of Washington 3 (tie) 5 (tie)
University of Florida 6 4
Arizona State University 7 (tie) 7 (tie)
University of Arizona 7 (tie) 9 (tie)
University of Kansas 9 (tie) 7 (tie)
Rochester Institute of Technology 9 (tie) 9 (tie)
University of Maryland–College Park 11 12 (tie)
University of Wisconsin MBA Consortium 12 (tie)  9 (tie)
University of Massachusetts–Amherst 12 (tie) 12 (tie)
University of Utah 12 (tie) 12 (tie)
University of Texas–Dallas 12 (tie) 17
University of Michigan–Ann Arbor 16 (tie)  18
Oklahoma State University 16 (tie)  27
Rice University 18 (tie) 12 (tie)
James Madison University 18 (tie) 19 (tie)
Kansas State University 18 (tie) 12 (tie)
Florida State University 18 (tie) 44
Pennsylvania State University–World Campus 22 (tie) 19 (tie)
Texas Tech  University 22 (tie) 33 (tie)
Ball State University 22 (tie) 19 (tie)
Auburn University 22 (tie) 19 (tie)
Washington State University 22 (tie) 27 (tie)
University of Pittsburgh 22 (tie) 27 (tie)
University of South Florida 22 (tie) 19 (tie)

As with last year, U.S. News ranked online MBA programs using five categories:

  • Engagement (30%): Promotion of participation in courses among students and instructors. Instructors lead an engaging atmosphere, are accessible and responsive.
  • Peer Assessment (25%): High-ranking academic officials and employers weigh in through surveys to account for quality beyond statistics.
  • Faculty Credentials and Training (15%): Instructors possess academic credentials that mirror those for campus-based programs.
  • Student Excellence (15%): The students themselves are accomplished and ambitious. Judicious rewarding of degrees.
  • Services and Technologies (15%): Diverse online learning technologies support flexibility for students to take classes from a distance. Learning assistance, career guidance and financial aid resources are offered outside of classes.

See here for more on the methodology behind the ranking.

Visit U.S. News for the full list of their ranking of online MBA programs.

Lauren Wakal
Lauren Wakal has been covering the MBA admissions space for more than a decade, from in-depth business school profiles to weekly breaking news and more.