Online MBA programs allow students to complete the coursework of traditional MBA programs over the Internet.
Online MBA programs allow students to complete the coursework of traditional MBA programs over the Internet.

Universities offer students interested in studying business, administration and management in graduate school various formats in which to achieve their goals. One of the most popular programs is the Master of Business Administration or MBA. The online MBA format is particularly popular because it gives students the option to complete classes on the Internet and does not require them to attend classes on campus.

Portland State University

Portland State University’s online MBA is a part-time program that requires students to take 74 credit hours, takes approximately two and a half years to complete, and charges the same tuition rate of $660/credit hour to both residents and nonresidents. PSU’s online MBA requires students to take a certain number of core courses in the beginning and a choice of electives at the end. Examples of core courses are financial accounting, managerial accounting, communications, marketing, leadership and financial management; and examples of electives are advanced taxation, business law and portfolio management. Furthermore, this course of study also requires students to work for a company where they will get real-life experience through PSU's Capstone Consulting Project.

Eastern New Mexico University

Eastern New Mexico University’s online program allows students the flexibility to complete it in either one or two years. It charges the same tuition and fees for out-of-state students and in-state students if they are taking less than 6 credit hours per semester. The in-state tuition fee is $139.85/credit hour, and the out-of-state tuition fee is $376.25/credit hour. This program requires students to take 30 credit hours, all of which are required core courses. Students in this plan must take courses such as managerial accounting, managerial research analysis, strategic management, managerial economics, managerial finance and management information systems.

Southern New Hampshire University

SNHU’s online MBA program requires students to take 13 courses or 39 credits and offers courses year-round in order to cater to working professionals' schedules and family obligations. This plan gives students a strong foundation in both theory and practice, encouraging students to work cooperatively with their peers over the Internet. It includes 10 core requirements and three electives. Examples of core requirements are managerial accounting, marketing strategies, financial management and quantitative analysis for decision making. The choice of electives allows students to concentrate in their area of interest. Examples of concentrations are accounting, athletic administration, corporate social responsibility and finance. SNHU’s MBA charges all online students $627/credit hour.

Pennsylvania State University

Penn State's online MBA program takes two years and costs $7,414 per semester for four semesters. It requires students to take a number of courses in different business themes such as leadership, strategic planning, customer and market, and human resources. Examples of courses include financial and accounting tools, organizational behavior and performance, strategic analysis and financial management. Furthermore, the course of study also requires students to complete two residencies by spending a week working full time at a U.S. firm. The aim of these residencies is to give students hands-on experience in a real company.