2020 Best Online Master's in Business Management Degrees

By OnlineU Staff | Updated 3/9/2020
2020 Best Online Master's in Management Badge

The following 21 schools offer the best online master's in management programs, based on their low tuition rates and high mid-career salary potentials. Ranked #1 is the University of Colorado Denver, with a very low tuition of $10,965 and a very high median salary of $186,500. American University, ranked #2 on the list, costs $20,175 annually for an online MS in Human Resource Analytics and Management, with alumni reportedly earning median salaries of $149,900.

Alumni salaries were provided by PayScale. View our methodology for more details or learn more about OnlineU.

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RankSchool Annual Tuition Mid-Career Salary
# 1 #1 University of Colorado Denver $10,965 $186,500
# 2 #2 American University $20,175 $149,900
# 3 #3 The University of Texas at Dallas $36,450 $140,043
# 4 #4 University of Florida $40,174 $140,771
# 5 #5 Florida Tech-Online $12,821 $114,757
# 6 #6 Embry-Riddle Aeronautical University-Worldwide $10,335 $104,100
# 7 #7 Walsh College of Accountancy and Business Administration $14,706 $105,600
# 8 #8 Stevens Institute of Technology $55,020 $121,071
# 9 #9 Albertus Magnus College $12,258 $103,300
# 10 #10 Pepperdine University $64,800 $122,600
# 11 #11 University of Maryland Global Campus $11,862 $99,471
# 12 #12 City University of Seattle $14,595 $99,700
# 13 #13 Webster University $14,040 $98,943
# 14 #14 Western Governors University $7,600 $95,500
# 15 #15 Troy University $7,410 $94,200
# 16 #16 Bellevue University $10,530 $79,586
# 17 #17 Southern Wesleyan University $10,170 $78,200
# 18 #18 Southern New Hampshire University Online $11,286 $76,700
# 19 #19 Indiana University - Bloomington $20,700 $74,700
# 20 #20 Fontbonne University $13,175 $70,800
# 21 #21 Wayland Baptist University $9,760 $58,700
Salary data provided by Payscale Logo

2020 Online Colleges Offering Management Degrees - Ranking Details

#1 University of Colorado Denver

  • Annual Tuition: $10,965
  • Median Salary: $186,500
  • Locations: Denver (CO)
  • Accreditation: HLC

The online Master of Science in Global Energy Management at the University of Colorado Denver provides students an interdisciplinary education in both the energy and business industries. Students are instructed in management fundamentals in the energy industry through coursework in laws, regulations, and policies, economics and accounting, renewable energy sources, challenges in the industry, sustainability, and leadership and decision making. Courses are taught by a faculty of industry professionals with extensive, practical experience in the field. Program graduation requires the completion of 36 credit hours and a four day, on-campus residency in Denver every three months.

#2 American University

  • Annual Tuition: $20,175
  • Median Salary: $149,900
  • Locations: Washington D.C.
  • Accreditation: MSCHE

American University offers an online Master of Science in three in-demand management areas: Healthcare Management, Human Resource Analytics and Management, and Sports Analytics and Management. The healthcare management degree prepares graduates for leadership roles at healthcare provider organizations, insurance companies, and pharmaceutical research organizations. The human resource analytics and management degree program provides the education and qualifications needed to become a leader in human resources and management across different industries. Graduates of the online sport analytics and management degree program are prepared for a career in sports organizations, e-sports, fantasy sports, social media, or performance data analytics. Each program requires the completion of 30 credit hours.

#3 The University of Texas at Dallas

  • Annual Tuition: $36,450
  • Median Salary: $140,043
  • Locations: Richardson (TX)
  • Accreditation: SACS COC

Students at the University of Texas Dallas have several concentrated tracks to choose from in completing their Master of Science in Management Science. Tracks include studies in accounting, energy management, finance, leadership in organizations, marketing, supply chain management, business analytics, and information technology management, with instruction in courses specific to each concentration. The online management degree requires 36 credit hours, which can be completed in 24 to 28 months. With the opportunity to tailor their studies in one or more specialized concentrations, students graduate with an advanced education best suited to their career goals.

#4 University of Florida

  • Annual Tuition: $40,174
  • Median Salary: $140,771
  • Locations: Gainesville (FL)
  • Accreditation: SACS COC

The Master of Science in Management at the University of Florida was designed to give students from any academic background the opportunity to gain the knowledge and credentials to find leadership roles in business. Students learn the foundations of management and tailor their curriculum to best suit their academic and career interests and goals through core courses in business and electives. No business or management experience or education is needed to enroll in this 32-credit hour online management degree program.

#5 Florida Tech-Online

  • Annual Tuition: $12,821
  • Median Salary: $114,757
  • Locations: Melbourne (FL)
  • Accreditation: SACS COC

Florida Tech offers multiple online Master of Science and Master of Business Administration programs for students seeking to advance their careers in a position of management. Students can choose to pursue an MS in management in one of several areas of concentration, including human resources management, transportation management, logistics management, information technology management, and acquisition and contract management. The management MBA also offers a number of areas of concentration, including healthcare management, project management, and cybersecurity management. The curriculum, coursework, and credit hours vary, but the core learning objective in every program is to gain the knowledge and applicable skills to effectively manage employees, teams, projects, and procedures in the student's industry of choice.

#6 Embry-Riddle Aeronautical University-Worldwide

  • Annual Tuition: $10,335
  • Median Salary: $104,100
  • Locations: Daytona Beach (FL)
  • Accreditation: SACS COC

Embry-Riddle Aeronautical U-Worldwide offers a 30-credit Master of Science in Management (MSM) with specializations in Human Resources, Global Management, Leadership, Operation Management, and Project Management. Designed for working adults, the program aims to prepare students to take their career to the next level in management. The MSM curriculum focuses on both hard and soft skills, which sets it apart from many MBA programs. Students study leadership styles, organizational behavior, systems change, ethics, strategic planning, and research methodology. They are also encouraged to conduct research and test out theories in their work environment. Faculty challenge students to develop their critical thinking skills, problem-solving abilities, and leadership potential. Flexible course scheduling allows students to continue working while pursuing an advanced degree. Classes are 9 to 12 weeks long. Applicants need to have either a bachelor’s degree with a minimum 2.5 GPA or a master’s degree with a minimum 3.0 GPA. Applicants will need to send official or unofficial transcripts. Embry-Riddle has been offering distance education for over 25 years and provides 24/7 technical support to online learners. Online academic advisors are also available to develop a plan of study that aligns with personal career goals.

#7 Walsh College of Accountancy and Business Administration

  • Annual Tuition: $14,706
  • Median Salary: $105,600
  • Locations: Troy (MI)
  • Accreditation: HLC

Three online business management degrees are available at Walsh College of Accountancy and Business Administration. The Master of Science in Management includes a concentration in Human Resources. This degree is geared for new and mid-level professionals interested in personnel management and employee relations. A unique MBA/MSM dual degree in Human Resource Management and an MBA/MSM dual degree in Strategic Management are options for those interested in earning a traditional business degree along with a management degree. Holding two graduate degrees can be an advantage when applying for jobs in upper management. Human resources classes cover labor relations, employee compensation, and employee training and development. Strategic management classes focus more on organizational systems, managing organizational capital, and organizational leadership. Courses are available online or in a hybrid format for those who would like to participate in a classroom setting. Walsh faculty possess real-world experience in the subjects they teach. Students can apply to the program without GMAT scores, start immediately, and finish an online master’s in management degree in just over a year.

#8 Stevens Institute of Technology

  • Annual Tuition: $55,020
  • Median Salary: $121,071
  • Locations: Hoboken (NJ)
  • Accreditation: MSCHE

Stevens Institute of Technology hosts a 30-credit Master of Science in Management degree uniquely designed for recent STEM and liberal arts graduates with limited business experience. The core curriculum consists of eight courses focusing on financial decision making, project management, organizational behavior, marketing, internal operations, and technology. Students choose two electives in a specialized area such as data analytics, information systems, or leadership. The curriculum is designed to prepare students to apply theoretical knowledge and technical expertise in work settings while confidently leading project teams. Prospective students must submit undergraduate transcripts, letters of recommendation, a resume, GRE or GMAT scores, and a record of paid or volunteer experience that demonstrates leadership potential. All courses at Stevens are taught online, and students can obtain their online master’s in management degree in one calendar year. The faculty at Stevens have work experience in Fortune 500 companies and in bringing new products to the market. The school offers students opportunities to interact with corporate executives and managers who can help them expand their professional network.

#9 Albertus Magnus College

  • Annual Tuition: $12,258
  • Median Salary: $103,300
  • Locations: New Haven (CT)
  • Accreditation: NECHE

Albertus Magnus College offers a Master of Science in Management and Organizational Leadership. This 36-credit online master’s in management entails 27 credit hours of core courses and nine credits of electives. Students study leadership styles, critical thinking, organizational behavior, team building, and conflict resolution. If desired, students may choose a concentration in Community Leadership, Organizational Management, Human Resource Management, or Human Services. Altruistic servant leadership is emphasized throughout the curriculum. The program allows students the flexibility to customize their degree to align with their career objectives. Classes are offered in eight-week sessions. Full-time students take one to two classes each session and complete their degree in less than 18 months. Graduates of the program can use their knowledge and skills in many job settings. Employment opportunities include working for a nonprofit organization, managing a nonprofit organization, directing a law enforcement agency, running a small business, or leading a human services department. Admission requirements include an application, a $50 fee, a bachelor’s degree showing a minimum GPA of 2.8, transcripts, a valid driver’s license, two letters of recommendation, and a 500-600-word admissions essay. Successful applicants to the program will also possess at least two to three years of work experience.

#10 Pepperdine University

  • Annual Tuition: $64,800
  • Median Salary: $122,600
  • Locations: Malibu (CA)
  • Accreditation: WSCUC

The 36-unit Master of Science in Management and Leadership offered by Pepperdine University is a degree for students seeking to hone their leadership skills. Through online classes and hands-on activities, students learn about organizational culture, systems change, project management, team building, and problem-solving. The curriculum centers around integrative workshops, which sets the program apart from more traditional online business management degrees. As part of their studies, students must complete a service project that brings education to the community to demonstrate their ability to apply organizational theory to community building. Additionally, students complete a capstone project that involves providing consultation to a nonprofit organization. In collaboration with an advisor and a peer coach, students develop and follow a personal leadership development plan. Online classes are taught live over the course of one year. Students can obtain transferable skills that will help them lead organizational change in startups, large corporations, small businesses, and not-for-profit organizations. The program does not require applicants to submit GMAT or GRE scores.

#11 University of Maryland Global Campus

  • Annual Tuition: $11,862
  • Median Salary: $99,471
  • Locations: Adelphi (MD)
  • Accreditation: MSCHE

The University of Maryland Global Campus offers a highly customizable online business management degree. Students can earn a Master of Science in Management with or without an area of specialization. Specialization options include: Accounting, Acquisition and Supply Chain Management, Criminal Justice Management, Emergency Management, Financial Management, Homeland Security Management, Human Resource Management, Information Systems and Services, Intelligence Management, Interdisciplinary Studies in Management, Marketing, Nonprofit and Association Management, Project Management, and Public Relations. The curriculum is career-focused in order to help lead students into potential future executive leadership roles. Practical skills are taught in areas like leadership, communication, finance, management principles, strategic planning, and adapting to industry trends. In addition to core courses in general management, students take focused technical classes in their chosen specialization. The 36-credit program is offered in online and hybrid formats.

#12 City University of Seattle

  • Annual Tuition: $14,595
  • Median Salary: $99,700
  • Locations: Seattle (WA)
  • Accreditation: NWCCU

The City University of Seattle offers a 42-credit Master of Science in Management and Leadership degree that can be completed in 15 months. Three different specializations may be added to this online degree: Change Leadership, Human Resource Management, and Nonprofit Leadership. The curriculum focuses on the cutting-edge skills that students need to lead organizations in a rapidly changing global economy. Students learn about different types of organizational cultures, team building, data-driven strategic planning, and delivering presentations backed by research. The curriculum is broken down into 24-credits of core courses in leadership, communication, strategy, and data applications. Students also complete 12-credits of electives related to their specialization. Each student is required to complete a six-credit capstone project, which will showcase the student’s ability to apply theoretical concepts and data to real-world scenarios. Prospective students who hold a bachelor’s degree qualify for admission to the MSM program. Applications are accepted on a rolling basis throughout the year. Courses are offered in online and mixed modality formats with flexible start dates.

#13 Webster University

  • Annual Tuition: $14,040
  • Median Salary: $98,943
  • Locations: St. Louis (MO)
  • Accreditation: HLC

Webster University offers a Master of Arts in Management and Leadership. The 36-credit hour program is a general degree that prepares students for executive leadership roles. Students can choose to align their coursework with individualized career goals by adding a specialization in Cybersecurity, Health Administration, Organizational Development, or Project Management. The curriculum entails the completion of 24 credit hours of core management classes in organizational behavior, management principles, human resources, finance, and strategic planning. The degree also requires students to complete 12 credits of electives in subjects such as cybersecurity, digital marketing strategies, social media management, entrepreneurship, health administration, and project management. The program emphasizes industry leadership, staying abreast of emerging trends, best global practices, and cutting-edge innovations that can increase businesses’ profit margins. Students learn how to lead teams, formulate data, solve complex business problems, apply knowledge of finance and marketing, make logical decisions, and move an organization forward. The program can be completed entirely online in 18 months, and applications are accepted on a rolling basis. A bachelor’s degree with a minimum 2.5 GPA is required. Students can benefit from online academic advising, tech support, student services, and access to the Adobe Creative Cloud.

#14 Western Governors University

  • Annual Tuition: $7,600
  • Median Salary: $95,500
  • Locations: Salt Lake City (UT)
  • Accreditation: NWCCU

Several online business management degrees are available through Western Governors University, including a Master of Business Administration degree and a Master of Science in Management and Leadership degree. Students interested in business management and information technology may wish to consider a Master of Business Administration in Information Technology Management or a Master of Science in Information Technology Management, depending on their background and career goals. Online master’s in management degrees are also available in the health profession. Offerings include a Master of Business Administration in Healthcare Management, a Master of Science in Nursing – Leadership/Management, a Master of Science in Nursing – Leadership (RN to MSN option), and a Master of Health Leadership. Courses are offered through an online platform that includes learning resources, virtual labs, study guides, e-textbooks, and tutorials. The requirements for admission are a bachelor’s degree and three or more years of experience in the industry, business, or nonprofit sector. A comprehensive online library can be accessed for research purposes. Most students finish the program in 18 to 24 months. Students can work at their own pace and advance by demonstrating competency in the subject matter rather than through completing credit hours.

#15 Troy University

  • Annual Tuition: $7,410
  • Median Salary: $94,200
  • Locations: Troy (AL)
  • Accreditation: SACS COC

Troy University offers a 30-semester-hour Master of Science in Management degree with optional specializations in Training and Development, Leadership, Project, and Management,t. The MSM is geared toward students who are interested in enhancing their leadership skills. Students learn how to inspire teams, motivate people, and manage business processes in the public and private sectors. The curriculum emphasizes clear communication, ethical leadership, effective decision-making, and a systems approach to organizational leadership. Students spend 21 semester hours in core management courses, such as management information systems, organizational behavior, strategic management, and continuous quality improvement. The remaining nine semester hours of the program focus on classes related to the student’s chosen specialization. Advanced classes in leadership and project management further prepare students to succeed in high-level positions. An undergraduate business degree is not required to earn this online master’s in management. To apply, prospective students must submit transcripts, test scores, and a letter of recommendation. After completing the program, students can pursue domestic and international jobs in the public and private sectors, government, and military service. Online support includes career services; tutoring; library services; Canvas 24/7 chat, phone, and email support; tech support, and free Microsoft Office 365 services.

#16 Bellevue University

  • Annual Tuition: $10,530
  • Median Salary: $79,586
  • Locations: Bellevue (NE)
  • Accreditation: HLC

Bellevue University offers a 36-credit Master of Science in Management with optional specializations in Entrepreneurship, Executive Coaching, Human Resource Management, Marketing, and Project Management. The program prepares students for mid-level to advanced leadership roles in business and industry. Faculty engage students in hands-on learning and encourage introspection through assigned personal journals. Students learn how to use organizational behavior tools such as the Myers-Briggs and the Tolerance of Ambiguity assessment for staff development purposes. The curriculum encompasses 21 credit hours of coursework in management foundations, resource management, organizational relationships, and management metrics. Fifteen credit hours of supporting coursework in a specialization round out the degree. The program culminates in a three-credit capstone project, which involves the presentation of a portfolio that showcases learning activities. Online courses in the Executive Coaching specialization include a one-hour conference call each week. The admission requirements are a bachelor’s or master’s degree with a minimum GPA of 2.5 in the 60 most recent credits or a minimum GPA of 3.0 in graduate-level credits earned toward a degree. Graduates of this program should leave equipped to use their knowledge and people skills to leverage resources when they are in positions of leadership at startups, small companies, and large businesses. Online resources include tutoring, 24/7 library services, and seven-day-a-week tech support.

#17 Southern Wesleyan University

  • Annual Tuition: $10,170
  • Median Salary: $78,200
  • Locations: Central (SC)
  • Accreditation: SACS COC

Southern Wesleyan University offers an online Master of Science in Management and Leadership with concentrations in Healthcare Administration, Human Resources, Management, and Project and Quality Management. The online master’s in management is grounded in a philosophy of servant leadership taught from a Christian perspective. Also unique to the MSML program is the pairing of students with a personal success coach. The curriculum entails 24 credit hours of core courses on leadership, ethics, organizational change, accounting, and finance, as well as 12 credit hours of management courses. The 36-credit degree program requires the completion of 12 courses total. Students can earn their MSML in two years. Instruction is self-paced with flexible deadlines. Students learn to find evidence-based solutions to organizational dilemmas. Graduates of the program can qualify for management positions in banking, government, manufacturing, nonprofit organizations, healthcare, and IT. International business classes are included in the curriculum to acquaint students with the customs, traditions, and cultural values of other countries that trade with the United States. Online students can avail themselves of a dedicated academic advisor, forums to communicate with classmates, and other e-learning resources.

#18 Southern New Hampshire University Online

  • Annual Tuition: $11,286
  • Median Salary: $76,700
  • Locations: Manchester (NH)
  • Accreditation: NECHE

Southern New Hampshire University Online offers several online business management degrees designed for working professionals. The Master of Business Administration is a general degree with optional concentrations in Engineering Management, Healthcare Management, Information Technology Management, Music Business, Operations/Supply Chain Management, Project Management, and Sport Management. Other offerings include a Master of Science degree with a major in Accounting, Cyber Security, Information Technology, Management, Sport Management, Resource Management, or Project Management and Operations. A Master of Science in Management with a concentration in Construction Management is also available. The curriculum is designed to help students learn to be agile and adaptable leaders in a rapidly changing world. The online master’s in management degrees are flexible, asynchronous, and self-paced. Students can complete a 36-credit hour degree in 15 months. In addition to achieving technical competence, students can hone their soft skills like interpersonal communication, trustworthiness, and problem-solving. Admission requirements include an application, a transcript release for any attended institutions, and a graduate attestation form. A minimum GPA of 2.75 is required for general acceptance and a minimum GPA of 2.0 is required for provisional acceptance. Online education services include technical support, academic advising, career development, tutoring, and access to an online writing center.

#19 Indiana University - Bloomington

  • Annual Tuition: $20,700
  • Median Salary: $74,700
  • Locations: Bloomington (IN)
  • Accreditation: HLC

Indiana University – Bloomington offers a 30-credit Master of Science in Strategic Management. In this program, students practice using data to plan, predict, and capitalize on business opportunities. Throughout the curriculum, students are given assignments designed to strengthen their problem-solving abilities, analytical skills, and decision-making capacity. The program consists of 24 credits of core management courses and 6 credits of electives. Core courses focus on strategies in leadership, management, and international business. Indiana University strives for high-quality delivery of online course content and provides a 24/7 contact center for technical support. Courses are taught by experienced faculty who have worked in business and industry. Prospective students must submit academic records, GMAT or GRE scores, work and leadership experience, three letters of recommendation, and a personal statement as part of the application process. Earning an online master’s in management degree could potentially lead to a pay raise, promotion, or a new job offer. Graduates of the program can compete for high-level job positions such as a management analyst, chief operating officer, or general manager.

#20 Fontbonne University

  • Annual Tuition: $13,175
  • Median Salary: $70,800
  • Locations: St. Louis (MO) (and 1 other)
  • Accreditation: HLC

The Master of Management and Leadership available through Fontbonne University is a 36-credit managerial program that focuses on the practical application of business theories. Available concentrations include Accounting, Multidisciplinary Health Communication Studies, Nonprofit Management, and Supply Chain Management. Students study the internal workings of organizations and the role of effective leadership. Interdisciplinary courses draw from business, management, and organizational psychology. Students learn to use management tools and coaching techniques to move an organization forward. The curriculum consists of 30 credits of core courses and six credits of electives in an area of specialization. Students take classes in finance and accounting, strategic planning, organizational behavior, and leadership development. Students may progress at their own pace, but all coursework must be completed within six years. The program is designed for professionals who want to hone their technical skills and move into a managerial role. Admission to the program requires an application, a bachelor’s degree with a minimum GPA of 2.5, a self-statement, and a resume. Classes are offered online in eight-week modules. Online students can benefit from access to the university library, academic tutoring, proctoring services, career center, and tech support.

#21 Wayland Baptist University

  • Annual Tuition: $9,760
  • Median Salary: $58,700
  • Locations: Plainview (TX)
  • Accreditation: SACS COC

Wayland Baptist University offers a Master of Arts in Management with concentrations in Health Care Administration, Human Resource Management, and Organization Management. Designed for working professionals, the program is well-suited to those hoping to move up in their organization or land a better job. The 39-semester-hour program entails 24 credits of core courses and 15 credits of electives in the student’s specialization. Core requirements provide a foundation in management principles, strategic management, organizational development, and management theory. Electives cover topics related to delivery systems, regulations, and project management in areas like health care and human resources. Online courses are offered through the multimedia Blackboard platform, which supports blogging, journals, discussion boards, chats, quizzes, and interactive learning. Eleven-week classes are offered in the fall, winter, spring, and summer terms. Wayland Baptist University accepts up to 12 credit hours of transfer coursework earned at another graduate school or through military education and training. Requirements for admission are college transcripts from all attended institutions; an application fee and a minimum GPA of 3.0, a minimum GPA of 2.7 with an approved writing sample, or a minimum GPA of 2.5 with an approved writing sample and an admissions interview that can help determine a probationary status.

Overview of an Online Master's in Management

Online master’s programs in management help students learn the skills necessary to lead organizations of all types. Management programs are available in several formats including a Master of Science, Master of Arts, or a Master of Business Administration. Depending on the program, curricula can cover foundational concepts in business or they might focus more on advanced management skills and theories.


Master’s degrees in management can open up a wide range of careers, depending on your previous work experience and the focus of the degree. Many use these degrees to advance into chief management or analysis roles in their current workplace. Others use a specialized degree focus, such as coursework in healthcare administration or educational leadership, to move into a different career area. The management program can also be useful for leadership roles in information technology, marketing, and the non-profit sector.

What is the difference between a Master in Management and an MBA in Management?

The Master of Arts (MA) or Master of Science (MS) management programs have many overlapping characteristics with the practically oriented Master of Business Administration (MBA) program, with some exceptions. Some management master's degrees are similar to the MBA in that they include a general array of business classes such as marketing, management, accounting, and finance. Others concentrate more on a particular management area, such as leadership, management science, or project management.

While Master in Management programs have typically been more common in Europe, these degrees have become increasingly popular in the U.S. over the last few years. Master in Management degrees tend to take less time to complete, have lower program costs, and attract students with fewer years of work experience, making them more accessible than many MBA programs.

MBA programs are often structured in cohorts, meaning students take all the same classes together. Cohort programs can be beneficial for students seeking a sense of community and networking opportunities. On the other hand, these students might find the curricula of Master in Management programs preferable since they tend to focus more on group projects and MBA programs tend to focus more on reviewing case studies. Many management programs also require capstone projects, where students analyze and solve a specific business problem.


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