Most MBA students are able to double their income within three years of graduation compared to their pre-MBA salaries. That’s a pretty powerful incentive to enroll in an MBA program ASAP. However, going to grad school when you’re already working full-time can present significant challenges.
That’s why many professionals are turning to online MBA programs—and these days, there are a host of excellent programs to choose from. Even better, there are a good number of programs that will allow you to get a waiver on graduate admission testing, removing at least one significant barrier to earning your MBA.
Best online programs with GMAT waivers
In this article, we’re going to present 18 online MBA programs with GMAT/GRE waivers that we believe are the best value for working professionals who would like to earn an advanced degree online while retaining their day jobs.
How our rankings work
Our data scientists took an in-depth look at 35 of the leading online MBA programs currently offered. Each program was evaluated based on hard numbers, including:
Credentials of incoming students, including average GPAs, standardized test scores, and work experience.
Program acceptance rate compared to other schools.
Student career outcomes, including promotions and raises earned post-degree .
Student finances relative to their education investment, including average student loan debt and average debt-to-income ratios after graduation.
Quality of instruction based on ratios of full-time to part-time faculty and full-time to part-time faculty with terminal degrees.
Student satisfaction, based on how many students said they achieved their primary and secondary reasons for attending the program, as well as how satisfied they were with career services.
Consideration for students’ professional experience in granting GMAT and GRE waivers.
Each data point was assigned an individual numeric value between 1 and 30. After all the values were tabulated, we ranked each program based on its total score. Here are the schools that came out on top.
1. Naveen Jindal School of Management at University of Texas (UT) at Dallas
This school grants a GMAT waiver for applicants who have:
Earned a bachelor's from UT Dallas with a GPA above 3.5, or
Earned a bachelor's from a school other than UT Dallas with a GPA above 3.6, or
Trish Sammer is Nitro's managing editor. Her work has appeared in Woman’s Day, Redbook, Huffington Post, TechCrunch, and Forbes. She has also written for various corporate clients, including the tech giant SAP, The Franklin Institute, and PSE&G. When Trish isn’t busy acting as a writing ninja for other people, you can find her … well, writing about other stuff, like divorce and blended family life. She lives outside of Philadelphia with her husband, their combined brood, and the world’s laziest dog. Read more by Trish Sammer