Online MBA
Posted on
16
Dec 2021

The Top Online MBA Programs’ Acceptance Rates, Tuition, And More

As the world around us continues to change, the virtual world continues to take up a larger portion of our lives. This is no less true with education. Sometimes earning a world-class education doesn’t always mean moving to a new city or quitting your current job. Rather, for working professionals or busy parents, attending an online MBA program is the best way to handle your education with a busy schedule. 

If you are keen on earning an MBA but are too established in a career or family life to move states or countries, then an online MBA degree can be the perfect solution. There are top MBA programs offered by leading business schools which make sure that their students receive a top-notch education from anywhere in the world! 

Top Online MBA Programs 

We have listed some of the Financial Times 2021 top-eight online MBA programs around the globe to help you on your journey to find the perfect MBA program. 

1. Warwick Business School
2. IE Business School
3. Imperial College Business School
4. University of North Carolina: Kenan-Flager

5. Indiana University: Kelley
6. University of Florida: Warrington
7. Durham University Business School
8. Politecnico di Milano School of Management

Warwick Business School 

Warwick Business School’s Warwick Distance Learning MBA program is ranked #1 by Financial Times in 2021. The cost of the program is £33,250 and lasts a total of 2 years. Each year there is a total intake of 1,185 new students, 28% female and 72% male with ages ranging from 25-58. The acceptance rate for the program is 45%. Successful applicants to the program exhibit strategic thinking skills, creative problem solving, drive, and leadership within their application. The majority of applicants have already had years of professional experience under their belt. 

IE Business School 

IE Business School’s Global Online MBA program is ranked second by the Financial Times in 2021. The program concentrations range from economics to strategy and technology. The cost of the program is €51,200 and the program lasts 17-24 months. Each year the program accepts around 80 students and has an acceptance rate of 40%. The average GMAT score of successful applicants is 685 with an average undergraduate GPA of 3.4. 

Imperial College Business School 

The Imperial College Business School’s Global Online MBA program is ranked 3rd by the Financial Time’s 2021 Online MBA rankings. The global online MBA program is two-years in length and costs a total of £37,600. The total enrollment for the program is 283 and the program consists of 30% female and 70% male students. The acceptance rate for the program is about 66%. The GMAT is not required for acceptance, however, applicants are expected to have a minimum of 3 years of professional experience before applying. 

University of North Carolina: Kenan Flager

[email protected] is University of North Carolina: Kenan Flager’s online MBA program. The program utilizes blended learning in its teaching and has concentrations ranging from Analytics to Entrepreneurship & Innovation. The total cost of the program is $125,589 and the program length ranges from 18-36 months. Enrollment for the program is about 870 students and the acceptance rate is 55.79%. The average GMAT score for accepted applicants is 700 with the average starting salary of graduates from the program making upwards of $159,000. 

Indiana University: Kelley

The Kelley Direct Online MBA program is offered by Indiana University: Kelley Business School. The cost of the program is $78,246 and lasts between 24 and 48 months. The program has a 15% international and 8% US minority composition. Total enrollment to the program is 1,438 and has an acceptance rate of 35.65%. The average GMAT score is 670, with the average undergraduate GPA being 3.34. 

University of Florida: Warrington

The University of Florida: Warrington’s online MBA program is an online-only program. The program costs $49,204 and lasts from 12-23 months. The total enrollment for the program is 530 and is 40% females and 60% males with the average age of students being 30 years. The acceptance rate for the program is 61.26%. The average GMAT score of accepted applicants is 580. Students may choose between submitting a GMAT or GRE score. 

Durham University Business School

Durham University Business School offers a 2-year part-time Online MBA program. There are 5 core modules and offers students three strategic pathways: Entrepreneurship, Consultancy, and Technology. Students are able to personalize their program to fulfill their career goals. The cost of the program is £15,000 a year. Applicants do not need to submit a GMAT score to be considered for admissions. 

Politecnico di Milano School of Management

Politecnico di Milano School of Management offers an International Flex Executive MBA. The program lasts 2 years and the tuition fee is €37,000. The learning is offered online with 2 face-to-face weeks with an additional 1 full week. Applicants are not required to submit a GMAT score to be considered for admissions. However, applicants are might be required to prepare for a motivational interview and take a written test before admissions. This is to uphold their rigorous selection process and maintain a diverse and academically driven cohort. 

 

Whether you are looking for an online MBA program or an in-person, deciding to attend business school is a wonderful step for your professional future. We here at Apex offer support for future business school students who are looking to earn admission to the best school possible. If you are looking to attend a top-tier MBA program, our admissions consultants and GMAT tutors are here to help! Schedule a 30-minute complimentary consultation call with one of our top-scoring instructors to learn how we can help you! 


Contributor:
Dana Coggio

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GMAT Prep Best Practices
Posted on
26
Aug 2021

How Top Scorers Study for The GMAT

By: Apex GMAT
Contributor: Narek Petrosyan
Date: 26 August 2021

GMAT Prep Best Practices 

Whether you are still preparing to take your first GMAT exam or aiming to get a higher score than on your previous one, you need a certain routine or a study plan and a determination to invest your full capacity into diligent and dedicated hard work. The top MBA programs usually require a GMAT score of 650 or above. Spending your time and energy inefficiently or not investing in proper preparation, may significantly, if not completely, reduce the chances of pursuing your MBA aspirations. In this article, we will explore some of the effective methods you can integrate into your prep to get a GMAT 650 score or above.

The Fundamentals

Firstly, let’s settle the most fundamental requirements that you need to make sure are inherently engraved into your approach. Those are unshakable dedication, efficient time management, wise prioritization, hard work, and diligence. While some of these can be considered common sense, in the long run, many students usually get distracted and forget about those. More commonly, the accumulated stress from the GMAT prep can shatter the pillars that these students have once so proudly built to hold the weight. 

Figure Out Your Learning Style and Find a Fitting Resource

After you’ve set your MBA goals and feel determined to start preparing for the GMAT, it’s now time to figure out your learning style and find a resource that fits. Nowadays, there are far more resources available than ever before. As such, it can be quite overwhelming to make a detailed choice. One of the first questions you need to ask yourself is what is your current or potential score? If you haven’t taken a GMAT test yet, maybe you should first find resources that start with the basics. Alternatively, if you’re aiming to get your current score to the top, you may also consider taking a one on one GMAT tutoring course. There are a myriad of companies that offer private GMAT tutoring services both online and in-person. ApexGMAT, for example, is more focused on increasing your current score to a 700+. Once you’ve set your current level you can then start working on that and find the best method for your preparation, given the abundance of resources available.

Manage Your Time Efficiently

Another, not less of an important aspect you should consider is time management. How much time can you dedicate to your prep daily? Many Top MBA schools prefer a 700+ GMAT score, which, in turn, requires a minimum of 100 hours of productive study in total. The word productive is essential here, as it is sometimes rather easy to mistake your activity for achievement. It’s not the matter of how many hours you can sit in front of your desk with an open book, but how much of it you can absorb, understand, and actually prepare for during that time. Too little time devoted will never be enough, while too much study can cause severe stress, and in fact, the next day you may not remember half of what you’ve learned. So, be realistic and honest with yourself, find that sweet daily time slot when you can prepare for the GMAT having enough energy and no external distractions, be consistent, strategic, and habitual, and, overall, manage your time efficiently during the day, prioritizing your studies.

Focus on Weak Areas and Improving Your Strengths

Start with a diagnostic test to figure out areas that need improvement first. It would be especially helpful if you’re just starting, as it may let you understand your weaknesses and strengths, and therefore what route you should take further. It will also give you a picture of how the actual exam will look like quite early in your preparation creed. After you’ve identified your weak points, it’s time to address those. If you seem weak, for example, in the quantitative section, then it’s a good indicator that you should put much more focus on that. That being said, you should not neglect the sections and types of problems that you do well on. One of the reasons the GMAT is challenging is its time pressure. The more you can nourish your strengths, the better you’ll be able to deal with the time pressure. Not only that, the GMAT test is adaptive, so the further you go with the streak, the harder the questions will get.

Get Plenty of Sleep and Try to Reduce Stress

Lack of sufficient and healthy sleep is probably the number one obstacle standing in most students’ way of effective GMAT preparations and, consequently, top GMAT performance. Your sleep hygiene plays a key role in allowing the brain to absorb what’s been learned during the day, as well as preparing it for the prep of the arriving day. As such, one of the best practices the top scorers integrate into their preparation is a good 8 hours of sleep every night. In turn, not only will this benefit your GMAT prep, but also your overall and mental health. Even if it will take you away from GMAT exam studies, it’s still worth it. You can learn more about how sleep helps you improve your GMAT prep time in this youtube video.

Start and Plan Early

As for the final tips, there are a few things you can do to eliminate a huge portion of stress from your test preparation studies and, in fact, significantly contribute to your preparations. Firstly, make sure you start as early as possible. Just as soon as you decide on your MBA goals, if possible, start figuring out your study plan immediately. Even if it may seem that there’s no need to rush just yet, in the long run, it will prove worthy and will increasingly boost your confidence before your exam day. Secondly, plan on the date early. Test centers may just have very limited spaces, and if you won’t be able to reserve your desired date, it may become a heavy burden. And lastly, make sure you don’t overwhelm yourself the day before your GMAT exam. Grant yourself a good resting day in a calm, positive, and stressless environment.

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