21. James Madison University

The James Madison University online MBA was founded in 1999-2000, and features specializations in innovation and information security. Both programs are “blended” and require some on-campus study. James Madison’s online program offers one of the best student-faculty ratios in our ranking (three to one). Outcomes are also good, with an average starting salary of $75,000, and a network of living alumni of 1,768 (ranked #8 and #17, respectivally).
22. Arkansas State University

Arkansas State University’s online MBA was founded in 2010-2011, and provides a general track as well as a specializations in supply chain management, finance, healthcare administration, management information systems, and international business. A student-faculty ratio of two to one ranks second on our list. Admissions are selective with an average GMAT score of 561. Outcomes are good with an average starting salary of $59,350, and a strong living alumni network.
23. University of North Dakota

The University of North Dakota’s online MBA was founded in 2007-2008. The online program meets for live sessions once a week, communicates asychronously, and at a normal course load takes two years to complete. The online program features a good student-faculty ratio of nine to one, as well as an average GMAT score of 536. Though salary data for the school is not tracked, there is a large alumni community of 2,617 graduates.
24. Cleveland State University

Cleveland State University’s Mobile Accellerated MBA is the first online, 1-year MBA accredited by the AACSB. The program was founded in 2011-2012, and features strong outcomes including an average starting salary of $55,800, and a network of 8,950 living alumni. The student faculty ratio is four to one, and though the program doesn’t offer an specializations, it is one of the only accredited one-year programs offering an masters in business administration.
25. SUNY Oswego

The SUNY Oswego online MBA was founded in 2011-2012, completing the schools offerings which include traditional, online, and hybrid MBA programs. The school’s average GMAT score is 511, and offers specializations in both general management and health services administration. SUNY Oswego also offers a large living alumni network, as well as a two to one student-faculty ratio.
