In the wake of the Covid-19 pandemic, Online education (studies) have taken on increased importance. Due to the Coronavirus outbreak, universities across the world transition to online learning programs, QS (Quacquarelli Symonds) has released the world’s best online MBA programs providers.
To reduce the COVID-19 impact, the closing schools and social distancing measures putting a halt to campus education, interest in online MBA programs looks set to peak. While considering business school though, there are multiple questions that cross off checklist – Which school’s online MBA program is the best? Which is most affordable? Where are the best employment opportunities?
Through the global rankings, aspirants can find world’s best online MBA programs options. The QS Online MBA Rankings 2020 edition includes 47 online business schools programs around the world, with Spain’s IE Business School ranked global number-one for the fourth consecutive year.
Highlights of QS Online MBA Rankings 2020
- 25 of the 47 ranked Online MBA providers are American Institutes;
- The United Kingdom offers the world’s second and third best programs: Imperial College Business School ranks 2nd, while Warwick Business School places 3rd
- Only one program offered by an Asian provider features in the rankings: India’s Amity Directorate of Distance & Online Education places 30th;
- Both the United Kingdom and the United States offer three of the world’s top ten programs.
QS Online MBA 2020 Rankings
|1||IE Business School||Spain|
|2||Imperial College Business School||United Kingdom|
|3||Warwick Business School||United Kingdom|
|4||AGSM @ UNSW Business School||Australia|
|5||Politecnico di Milano School of Management||Italy|
|6||Indiana University (Kelley Direct Programs)||United States|
|7||Alliance Manchester Business School||United Kingdom|
|8||Southern California (Marshall)||United States|
|9||Florida International University||United States|
|10||University of Otago Business School||New Zealand|
|33||Amity Directorate of Distance & Online Education||India|
Nunzio Quacquarelli, CEO and founder, QS Quacquarelli Symonds, said: “The ongoing COVID-19 pandemic is obliging higher education providers to ensure that they are able to offer outstanding teaching and learning experiences in the virtual classroom, and demand for online education is likely to accelerate as lockdown across the world continue. QS are offering a ranking that has proved itself ahead of the curve in trying to capture both the standard of online learning experience in innovative ways, and in recognizing the importance of independent employability data in offering quality assurance.”
QS’s dataset also offers insight on the student characteristics of those taking an online MBA. Key facts about class cohorts include:
- On average, the online MBA student has nine years of workplace experience. The most experienced online MBA cohort can be found at the Jack Welch Management Institute, whose students enter the program with 15 years of hands-on business experience behind them.
- Almost a quarter of online MBA providers (11/47) record no international students – those taking the program from a country different to that of the provider – among their cohort. Globally, the international student average is 24%.
- The majority of online MBA students remain male: women account for 39% of student cohorts across the 47 ranked providers.
QS Rankings 2020 Methodology
QS rank business schools’ online MBA programs according to four metric groups, each designed to capture a key component of their mission: employability, diversity and access, the standard of the learning experience, and the quality of the class experience. The four metric groups are:
(1) Employability (30% of final score): how employable are graduates from this online MBA program? The results incorporate data from QS’s proprietary QS Employer Survey, which captures the sentiments of over 44,000 hiring managers worldwide.
(2) Class Profile (30%): how diverse and international is each program’s class cohort? What is the applicant/place ratio, and how many students are enrolled? How much work experience does the cohort have, on average?
(3) Faculty and Teaching (35%): does this program offer high academic standards? The results incorporate data from QS’s proprietary QS Academic Survey, which captures the sentiments of over 90,000 academics globally.
(4) Class Experience (5%): what is the calibre of each program’s learning experience? This includes a range of evenly-weighted indicators including physical meetups, regular synchronous classes, access to a learning app on a mobile and/or tablet, and 24/7 tech support.
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