MBA
My MBA Career: Spains IE Business School Recognized as Top Online MBA Provider by Financial Times
Last Updated on March 11, 2024 by Robert C. Hoopes
In recent years, business education, including online MBAs, has undergone a significant transformation, offering students more flexibility, cost-effectiveness, and a better work-life balance compared to traditional MBAs.
According to the Financial Times ranking of online MBAs, IE Business School in Spain has once again secured the top spot for the second consecutive year. The prestigious school offers an innovative online platform that provides students with a high-quality learning experience.
Imperial College Business School in the UK has climbed to the second position in the ranking, with its alumni earning the highest average salary of $218,315. Meanwhile, the University of Southern California: Marshall School ranked fourth, with alumni earning the second-highest average salary at $209,900.
A newcomer to the ranking, Birmingham Business School, secured the ninth spot, with high ratings in value for money, international mobility, and career services. The participation in the Financial Times ranking is voluntary and requires data from business schools and alumni who completed their programs in 2020.
The survey revealed that more than half of alumni completed their course within two years and reported a more positive overall experience. Alumni who took longer to complete their course showed lower levels of satisfaction and earnings compared to their peers.
Online MBA alumni in North America pay the highest course costs but tend to earn the highest salaries three years after completing the program. While schools were praised for teaching general management, areas such as fintech, IT, and law were highlighted as potential areas for improvement.
The key motivators for pursuing an online MBA were personal development and improving career opportunities, with starting a business and working overseas rated lower in importance. This data highlights the growing popularity and success of online MBA programs in meeting the evolving needs of business professionals across the globe.
