10 Best Online MBA Programs for 2024

According to the most recent QS Online MBA Rankings, Imperial College Business School has the best online MBA program globally.

Imperial College Business School in the United Kingdom has topped the QS list of the world’s best online MBA programs for 2024 for the first time, edging out Spain’s IE Business School, which had held the top spot for the previous six years.

IE is ranked second in 2024, with Warwick Business School in third place. This is a significant change from last year, when IE and Warwick tied for first place.

This year’s list also includes the Australian Graduate School of Management (AGSM) at the University of New South Wales, fourth, and the Indiana Kelley School of Business in the United States, fifth.

When considering Online MBA programs, you should ask yourself a variety of questions. Where should I study for an online MBA? What is the best-value online MBA? Is an online MBA worth the money?

That’s where the annual QS Online MBA ranking comes in, which breaks down the best online MBA programs worldwide.

QS ranks the quality of online MBA programs using four categories which are given varying weights to obtain an overall score: faculty and teaching (35%), employability (30%), class profile (30%), and class experience (5%).

With interest in Online MBAs increasing in the wake of the coronavirus outbreak, rankings like the QS list are a useful place to start researching and comparing programs.

In 2024, Imperial College Business School obtains a score of 100 for class experience and employability (the highest score out of all programs) and ranks fourth for faculty and teaching.

UK business schools are well-represented in the 2024 QS ranking: 13 out of 72 entrants are offered by UK business education programs. While Imperial rose to top, Warwick slipped down to third position from the previous year in 2023 while Alliance Manchester dipped somewhat from fifth to sixth.

Elsewhere in Europe, Italy’s Polimi Graduate Management provides an Online MBA program which places joint seventh in our rating, with an excellent faculty and teaching score of 100, the best in the overall list.

Second place, IE Business School also has a very excellent faculty and teaching score of 99.5 and an overall score of 95 out of 100.

However, business schools in the United States dominate the overall ranking, with 32 programs in total—and four of the top 10 online MBA programs—offered by US schools.


According to QS, Indiana University Kelley School of Business offers the best-ranked Online MBA program in the US, placing fifth overall. Kelley excels in the employability category, boasting a score of 96.7 out of 100—third out of every school ranked by QS.

The Asia-Pacific’s top Online MBA program, offered by the Australian Graduate School of Management (AGSM) at the University of New South Wales (UNSW) Business School, comes in fourth, with an overall score of 88.9.

The Asia-Pacific area only had seven Online MBAs placed among the top 75.

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