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Online MBA Guide 2023 | Everything You Need To Know About Online MBAs

Find out everything you need to know about studying an Online MBA in 2023, including key advantages, the Online MBA application steps, and a breakdown of the world's best Online MBAs

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By  Business Because

Tue May 16 2023

BusinessBecause
Download the free Online MBA Guide 2023, created by BusinessBecause in partnership with Georgetown University's McDonough School of Business, where we reveal everything you need to know about Online MBAs with key advice from admissions experts, faculty, and alums. 

In our guide you'll find a breakdown of what you need to know about studying an Online MBA, key information about your application, the major benefits of an Online MBA, and a list of the world's best Online MBAs in 2023. 


Considering an Online MBA? 

Download our Online MBA Guide 2023


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Online MBAs: What you need to know


60% of global recruiters view grads of online and in-person degrees equally

49% is the average % of international students among the Financial Times top 10 programs

31% is the average salary increase among the FT top 10 Online MBAs

82% of companies are adopting flexible or hybrid working—similar to Online MBA delivery


Key advantages of an Online MBA


We at BusinessBecause witnessed how Online MBA programs grew in popularity during the pandemic. But even now that campuses have reopened and in-person teaching has returned, many students are still opting for Online MBAs and top business schools are adding online options. 

In our free BusinessBecause Online MBA Guide 2023, we reveal the key advantages that are continuing to attract students and drive the growth of Online MBAs. 


⇨1. Flexibility to balance work/home life  

An Online MBA gives you the flexibility to prioritize your personal life as well as continue your work. 

Many programs offer the opportunity to study over a number of years, allowing you to balance your professional, home, and learning life. 

“Flexibility is a key advantage of an online MBA as you can study from wherever you are in the world at a time and place to suit, and around full-time working and other commitments, and you won’t be limited by choosing a school within commuting distance,” says Karla Litton, business development manager at Warwick Business School.


⇨2. Develop a range of skills and a transferable skillset

The online MBA qualification will give you a range of skills, both technical and soft, that will make you an asset at companies across the world.

As with a full-time MBA you take both core and elective classes. Core courses consist of business fundamentals such as Operations Management, Leadership Communication, Marketing Analysis, and Management. 

Electives are numerous and often fall under categories including Finance, Accounting, Marketing, and Management. 


⇨3. Boost your earning potential and career prospects

If you enroll in a typical, full-time, on-campus MBA you’ll have to leave work while studying. 

That means forgoing your salary for an extended period of time, plus added expenses of travel and living expenses. Along with generally cheaper tuition fees an Online MBA gives you the opportunity to continue earning while you study. 

Enrolling in an Online MBA can give you access to a wide range of top jobs. Graduates of Financial Time’s top ranked Online MBA, IE Business School, see a 44% salary increase after graduation. 

Many grads go on to work in high-paying industries like consulting and finance, with world renowned companies like Amazon, EY, and JP Morgan. 

Further illustrating the benefits, 60% of global recruiters say they view online MBA grads and in-person equally.


Download our free BusinessBecause Online MBA Guide 2023: Everything You Need To Know About Online MBAs where you'll find a breakdown of the Online MBA application, complete with tips from faculty and alums, along with our list of the world's best Online MBAs in 2023.

Student Reviews

Georgetown: McDonough School of Business

Yegana

Verified

1/11/2023

Online

GWU - excellent investment for future

George Washington University is a good respected institution with strong programs in various studies, including project management, international affairs, politics, medicine and etc. The university provides students with good opportunities for internships and networking. GWU has a diverse student body and a reputation for academic excellence.

David

Verified

18/08/2023

On Campus

Safety on campus

I have had an amazing experience at Georgetown University. The classes are enjoyable, the professors are exceptional, and I feel like I am receiving a worthwhile education. The people and faculty at this institution are extraordinary, and I have discovered my true self while being here. Additionally, I always feel secure on campus, as it is the safest place in town.

Daniella

Verified

4/04/2023

On Campus

Georgetown is on top!

I've been enjoying this school so far. I wouldn't alter it, despite the fact that the school is on a hill and that it requires a lot of walking to get around it. For minority and first-generation students, there are a ton of services available. Even though the usual dorm rooms are modest, there is still plenty of area for storage. We have a ton of alternatives every day in the dining halls since they provide so many different dishes from so many different cultures

Student

Verified

1/03/2023

On Campus

Physical and mental health

Georgetown is my second home. The pre-professional counselors are incredibly helpful, and I feel supported and inspired to pursue my aspirations. We are certainly ranked as the top research university in the nation. They place a high priority on the development of the students as well as their physical and mental well-being.

Student

Verified

1/03/2023

On Campus

Wonderful university

Georgetown University is wonderful. The school's amazing diversity is one of its greatest strengths. The athletes are extremely committed to their sport, and the campus is amazing. The dorms are excellent! They are comfortable and spacious. If you ever find yourself bored on campus, you can always go off campus; it's fantastic. You'll never get bored dining in the cafeteria because the food is so delicious on campus.

Student

Verified

28/02/2023

On Campus

Academics

The university's academics are what really set it apart; the lecturers are kind and motivating. Although it can be challenging to connect with the majority of students because they are so intense and competitive, social life and student life are what you make of them. It is undoubtedly a very difficult four years that are challenging to get through. But in the end, it strengthens you and provides you with a wealth of knowledge and incredible prospects.

Student

Verified

28/02/2023

On Campus

Fantastic university

Georgetown university is a Fantastic university. The professors are outstanding, there are lots of ways to participate in campus life, and there are numerous groups and organizations where students can get involved. The campus is lovely and always kept clean, and there are people are willing to assist you 24 hours a day whenever you need help.

Student

Verified

28/02/2023

On Campus

Review of Georgetown university

Being at Georgetown university has been one of my best experiences. The Professors are knowledgeable, approachable, and very helpful. You will fall in love with Georgetown because of its daily activities, the vibrant students you will encounter, the food served on campus, and the lush surroundings. The housing and dorms are fantastic. There is no better place than Georgetown University if you’re looking to study, discover new things, make lifelong friends, and have fun!

Student

Verified

28/02/2023

On Campus

Academically challenging institution

Georgetown University is certainly an academically challenging institution, however, if you ask for assistance when you need it, the workload can be managed. Students are happy to assist one another, and most Professor want you to succeed. Student life is vibrant, the location is excellent and everyone here is friendly and welcoming.

Student

Verified

7/02/2024

On Campus

4 Years as an Expat at Georgetown University

Georgetown University provided an exceptional environment for my academic journey as an expat from Italy. As someone who initially felt apprehensive about moving to a new country, Georgetown quickly alleviated my concerns and made my transition incredibly smooth. One of the standout features of Georgetown is its diverse and welcoming community, particularly for international students. The campus is teeming with students from various corners of the globe, fostering a rich cultural tapestry that made me feel right at home. The vibrant campus life and numerous extracurricular activities offered ample opportunities to connect with fellow students, ensuring a well-rounded and fulfilling university experience. Georgetown's unique setting within the heart of Washington, DC, adds another layer to its charm. While the university is situated in the bustling city, the campus in the historic area of Georgetown provides a distinct and almost intimate atmosphere. This blend creates a truly unique feel and contributes to an unforgettable educational experience. Initially enrolled in the College with a desire to major in Linguistics and minor in Art & Journalism, I appreciated the flexibility and openness of the Georgetown education system. After my freshman year, I discovered my true passion lay in Marketing and International Business. The university's seamless transfer process allowed me to transition to the McDonough Business School, where I found the perfect fit for my academic aspirations. Georgetown's commitment to helping students explore and find their academic niche is indeed one of its most commendable qualities. The ability to explore various subjects before settling on a major is a testament to the university's dedication to fostering individual growth and success. The journey from Linguistics to Marketing & International Business exemplifies the beauty of a Georgetown education — a dynamic and supportive environment where students can discover and pursue their true passions. In conclusion, Georgetown University provided not only a top-notch academic education but also a transformative and enriching experience. From the welcoming international community to the unique campus setting and the flexibility to explore diverse academic paths, Georgetown stands out as a beacon of higher education that truly caters to the individual journey of each student.