Named to honor King Charles’ queen Henrietta Maria, the state of Maryland entered the union as the seventh state in 1788. Covering just over 12,000 sq. miles, the state contains seven state forests and 40 state parks. One little known fact is that Maryland donated some of its land to the United States government in order to establish Washington D.C. Famous Marylanders include abolitionists Harriet Tubman and Frederick Douglass, musicians Billie Holiday and Eubie Blake, and baseball legend Babe Ruth. Recently ranked by U.S. News & World Report as the 11th most educated state in the country, Maryland currently maintains 55 accredited colleges and universities. The oldest college in the state is St. John’s College, established in 1696 as King William School, while the newest university was founded in 2008 as University System of Maryland at Hagerstown.
Amidst these excellent colleges and universities in Maryland exist some the nation’s best online Master’s of Business Administration programs. While the most highly-respected universities in the state have long histories of providing students with traditional degrees in the classroom, many have done well to develop online degrees in leadership and management for students desiring a distance-education experience.
Factors can vary from program to program, however the norm for many online MBA degrees is to deliver the coursework in a 30-36 credit hour structure. Students seeking an accelerated experience can sometimes find programs which allow students to graduate in just one year while students who may have higher demands at work or their personal lives need to study at a slower pace and perhaps need five to seven years to complete the degree. One important factor most business schools stress is the flexibility and convenience of the program which makes room for the ability for the distance learner to set her own schedule.
Based on the current demand of a high-quality online MBA, we have compiled the top five online Master’s of Business Administration programs offered in the state of Maryland. While these programs range in total tuition cost between being classified as affordable to above average in expense, each one of these programs are backed by their business school’s accreditation through such organizations as the Association to Advance Collegiate Schools of Business and the International Assembly for Collegiate Business Education. Let this ranking of the best online MBA programs in Maryland help guide you in the important decision of finding a degree that is the right fit for you.
Note: A detailed explanation of the methodology we used to determine the best online MBA programs in Maryland can be found at the end of the ranking.
#1 University of Maryland University College Graduate School – Adelphi, Maryland
The University of Maryland University College delivers the state’s best online Master’s of Business Administration through their Graduate School. This top-ranked online program is a must for the distance learner seeking a high-quality MBA.
Featuring the school colors of Navy and Goldenrod, the University of Maryland University College is a four-year, public not-for-profit institution of higher learning with a main campus located in Adelphia, Maryland. UMUC delivers degrees at the associate, undergraduate, graduate, and doctoral levels to the 57,529 students currently enrolled there. Originally founded as the College of Special and Continuation Studies at the University of Maryland in 1947, the university became a stand-alone independent school in 1970 before rejoining the University System of Maryland eighteen years later. UMUC receives its regional accreditation through the Middle States Commission on Higher Education.
Affordability Score: Average
OMBAT Ranking Score: 100.00
#2 Morgan State University Earl G. Graves School of Business and Management – Baltimore, Maryland
An online Master’s of Business Administration is offered through the Earl G. Graves School of Business and Management at Morgan State University. This prestigious program shines with an excellent accreditation and stellar curriculum.
Established in 1867, Morgan State University is a four-year, public institution of higher learning with a main campus located in Baltimore, Maryland. Receiving its regional accreditation through the Middle States Commission on Higher Education, the university delivers degrees at the undergraduate, graduate, and doctoral and levels to the student body of 7,689 currently enrolled. Home of the Bears, the athletic department at Morgan State supports men’s and women’s varsity sports teams which compete at the NCAA Division I level as members of the Mid-Eastern Athletic Conference. The school’s official colors are blue and orange.
Affordability Score: Above Average
OMBAT Ranking Score: 95.96
#3 Frostburg State University College of Business – Frostburg, Maryland
Frostburg State University was originally founded as Frostburg State Normal School No. 2 on two acres in 1898. Over the years, the school grew in size and influence and received its university status in 1987. Receiving its regional accreditation through the Middle States Commission on Higher Education, the university exists today as a four-year, public institution of higher learning with a main campus in Frostburg, Maryland. Delivering degrees at the undergraduate, graduate, and doctoral levels, Frostburg oversees a student body of 5,676. Home of the Bobcats, the official school colors of the university are red, black, and white. The athletic department at the school consists of men’s and women’s varsity sports teams which compete at the NCAA Division III level as members of the Capital Athletic Conference.
Affordability Score: Affordable
OMBAT Ranking Score: 77.34
#4 Salisbury University Franklin P. Perdue School of Business – Salisbury, Maryland
Home of the Sea Gulls who wear the school colors of maroon and gold, the athletic department at Salisbury University supports nine men’s and ten women’s varsity sports teams which compete at the NCAA Division III level as members of the Capital Athletic Conference. The football team competes within the New Jersey Athletic Conference. Salisbury is a four-year, public institution of higher learning with a main campus located in Salisbury, Maryland. The university delivers degrees at the undergraduate, graduate, and doctoral levels to the 8,748 students currently enrolled there. Established in 1925 as the Maryland State Normal School, the school started off as a two-year school which trained public school teachers. The school receives its regional accreditation through the Middle States Commission on Higher Education and features Sammy the Sea Gull as its official school mascot.
Affordability Score: Average
OMBAT Ranking Score: 74.74
#5 University of Baltimore Robert G. Merrick School of Business – Baltimore, Maryland
An online MBA is delivered by University of Baltimore’s Robert G. Merrick School of Business. This top-five program offers a high-quality 100% online degree taught by a top-notch staff of educators.
Established in 1925, the University of Baltimore is a four-year, public institution of higher learning with a main campus located in Baltimore, Maryland. Located in downtown near the Inner Harbor, the university was originally founded by a group of Baltimore businessmen desiring to train men and women for professions in business. Receiving its regional accreditation through the Middle States Commission on Higher Education, the university delivers degrees at the undergraduate, graduate, and doctoral and levels to the student body of 5,983 currently enrolled there. Home of the Eubie the Bee, the school’s official color is blue. Although UB does not feature intercollegiate sports, there are more than 90 student organizations and clubs to be a part of.
Affordability Score: Above Average
OMBAT Ranking Score: 71.88
To find the top Online MBA programs in Maryland, a list of over 480 online MBA programs was evaluated, and each program was analyzed first for a location in the state of Maryland, and then ranked on the following factors:
Estimated Tuition Cost (25%): Each MBA was assessed to find the estimated total base tuition cost. All financial information was gathered from the most recent data on each program or school website. The base tuition was calculated for the total program, but does not included fees, books, or room and board; with the exception of MBA programs that use all-inclusive figures. For colleges that offer a lower in-state tuition, the in-state pricing is used. Twenty-five percent of the final ranking score is calculated from this figure.
Based on this base tuition data, each program is given an Affordability Score:
Very Expensive = $100,000+
Expensive = $50,000-$99,999
Above Average = $30,000-$49,999
Average = $20,000-$29,999
Affordable = $15,000-$19,999
Very Affordable = $0-$14,999
Accreditation (25%): Accreditation plays an important role in the education world. It shows prospective students which school or program has gone to extensive measures to attain and uphold high national and global standards in its research and delivered education. Each program in this top online MBA list is evaluated on whether it holds a regional accreditation from one of the six institutions that are recognized by the U.S. Department of Education.
Additionally, business accreditations affect an MBA’s brand and prestige, which can thus affect a graduate’s competitive advantage in the job market. Each program is evaluated on if holds an accreditation from one of the top business accrediting institutions: ACBSP, IACBE, or AACSB. AACSB is regarded as the highest standard of business accreditation in the world, and thus schools that hold this accreditation are given the highest marks. Twenty-five percent of the final ranking score is calculated from this figure.
Average Base Salary (25%): The salary data is highlighted in this top online MBA ranking because it allows prospective students to explore the affect an online MBA degree can have on a professional’s salary. The average base salary is collected from the 2018 Best Business School Ranking by US News and World Report. Programs without a recorded average base salary from US News and World Report were calculated at zero because of no available third-party data. Twenty-five percent of the final ranking score is calculated from this figure.
Prestige (25%): The prestige for each program was calculated by analyzing lists from some of the most prestigious educational rankings systems for online MBA programs: US News and World Report’s Online MBA Ranking, the Princeton Review’s Online MBA Ranking, the Financial Times’ Global Online MBA Ranking, and Quacquarelli Symonds’ Distance Online MBA Ranking. Each online MBA was evaluated on how many rankings included their program. Twenty-five percent of the final ranking score is calculated from this figure.
All of the data was weighted equally, averaged, and then calculated on a 100-point scale. This score is the OMBAT Ranking Score, which provides the ranking order for this list. By evaluating the tuition cost, accreditation, average base salary, and prestige, this ranking helps prospective students find the highest quality online MBA programs in Maryland.