Written By - Daniel D'Souza
Last Updated: July 04, 2026

Introduction to Online Master’s in Management Programs

An online master’s in management sits at the crossroads of leadership, strategy, and organizational decision-making — and it’s one of the most flexible graduate degrees in business. Whether you’re a mid-career professional looking to move into senior management, a recent graduate seeking foundational business leadership skills, or someone pivoting from a technical role into organizational leadership, this degree family has a path for you.

But “management” as a graduate degree category isn’t as simple as it looks. The Master of Science in Management (MSM), the Master of Arts in Management, and the MBA with a management concentration are three distinct degrees with different curricula, admissions expectations, and career outcomes. Choosing the wrong one can mean spending time and money on a degree that doesn’t match your goals — and that distinction is one of the most important decisions covered on this page.

This hub covers the full landscape of online master’s in management programs: how they differ from online MBA programs and broader online business degrees, which specializations are available, what top and affordable programs look like, and what career paths open up after graduation. If you’re evaluating management programs, start here.

Our Methodology

The programs featured on this page were evaluated using a combination of accreditation standing, program format and flexibility, tuition transparency, career-relevant curriculum design, and student outcome signals. Accreditation from recognized business-school accreditors — AACSB International, ACBSP, or IACBE — was used as a baseline quality filter, with regional accreditation considered as the minimum standard. Programs that lack any recognized accreditation were excluded.

  • Beyond accreditation, we assessed whether programs offer genuinely online-friendly formats (asynchronous options, part-time pacing, and working-professional accommodations), whether tuition and fee structures are clearly published, and whether the curriculum addresses current management competencies including data-driven decision-making, organizational strategy, and leadership development. We also weighed specialization availability, since management students often need to tailor their degree to a specific industry or function.
  • This page reflects editorial curation, not a scored algorithmic ranking. Programs were selected to represent a range of degree types, price points, university types, and geographic footprints to give prospective students the broadest useful comparison set.

Southern New Hampshire University

PROGRAM: Best & Affordable Online Master’s in Management

Southern New Hampshire University is a private, nonprofit, accredited institution with more than 3,000 on-campus students and over 60,000 online students, making us one of the fastest-growing universities in the country. Founded in 1932, we’ve been relentlessly reinventing higher education ever since and have gained national recognition for our dedication to helping students transform their lives and the lives of those around them.

We’re proud to provide affordable, accessible education that students can pursue on our 300-acre campus in Manchester, NH, over our innovative online platform or at our regional centers in Manchester, Nashua, Portsmouth and Salem, NH, and Brunswick, ME.

SNHU has earned the GetEducated.com Best Buy and Best of Business – Best Online Degree awards and is consistently ranked as a top Military Friendly® School by G.I Jobs®.

Top Online Master’s in Management Programs

In assessing the rankings of Master’s in Management programs, a comprehensive methodology was employed that considered various factors, including curriculum quality, knowledge acquisition, cost, and alignment with specialized areas. Faculty expertise, institutional resources, research facilities, career prospects, communication, networking opportunities, program structure, and graduation rate were also considered. The OMC team conducted extensive research, analysis, and surveys to ensure accuracy and objectivity in the evaluation process. Here are the best master’s in management programs:

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The following programs represent some of the strongest online management degrees available, selected for accreditation quality, format flexibility, and career alignment. They span MS in Management, MA in Management, and MBA with management concentration options to reflect the full range of degree types management students should consider.

  • Accreditation: AACSB (Gies College of Business)
  • Tuition: ~$22,000 total
  • Credits: 32
  • Format: Fully online, asynchronous with optional live sessions
  • Key Features: iMSM delivered via Coursera platform; stackable credential model starting with individual courses; cohort-based capstone; strong analytics and strategy curriculum. One of the most accessible AACSB-accredited MSM programs in terms of cost and format.

Compare Online Management Programs

The program cards above highlight individual strengths, but side-by-side comparison often reveals differences that get buried in program-level detail. The table below compares all 12 featured programs across the decision factors that matter most: degree type, total credits, estimated cost, standardized test requirements, accreditation tier, delivery format, and available specializations.

Use this table to narrow your shortlist. If cost is your primary constraint, sort mentally by tuition range. If accreditation prestige matters for your industry, focus on the AACSB column. If you need maximum schedule flexibility, look for asynchronous or competency-based formats.

UniversityDegree TypeCreditsTuition RangeGRE RequiredAccreditationFormatNotable Specializations
University of Illinois Urbana-ChampaignMS in Management32~$22,000 totalNoAACSBOnline, asyncAnalytics, Strategy, Leadership
Northeastern UniversityMS in Management30~$52,000 totalOptionalAACSBOnline, asyncInnovation, Analytics
University of FloridaMBA (Mgmt. Concentration)48~$26,000 totalWaiver availableAACSBOnline, sync/asyncStrategy, Operations, Leadership
Florida International UniversityMS in Management30~$22,000 totalNoAACSBOnlineInternational Business, STEM
George Washington UniversityMS in Management30~$57,150 totalOptionalAACSBOnlineConsulting, Organizational Behavior
Indiana University OnlineMS in Management30~$27,000 totalWaiver availableAACSBOnlineAnalytics, Strategic Mgmt., Supply Chain
Penn State World CampusM. Mgmt. & Org. Leadership30~$30,000 totalNoAACSBOnline, asyncLeadership, Organizational Change
Arizona State UniversityMS in Management30~$36,000 totalNoAACSBOnlineData Analytics, STEM
Purdue UniversityMBA (Mgmt. Concentration)48~$60,000 totalWaiver availableAACSBOnline + immersionStrategy, Operations, Global Mgmt.
Southern New Hampshire UniversityMS in Management30~$18,810 totalNoACBSPOnline, asyncHealthcare, Project Mgmt., Leadership
Liberty UniversityMS in Mgmt. & Leadership36~$22,600 totalNoACBSPOnlineHealthcare, HR, Project Mgmt.
Western Governors UniversityMBA (Mgmt. & Strategy)~37 CU~$9,060/yearNoACBSPOnline, competency-basedManagement, Strategy

A few patterns emerge from this comparison. The AACSB-accredited programs generally cost more but carry stronger recognition with Fortune 500 employers and for students considering doctoral work later. The ACBSP-accredited programs (SNHU, Liberty, WGU) offer substantially lower tuition and often greater scheduling flexibility — a meaningful tradeoff for students whose primary goal is career advancement within their current organization rather than brand-name signaling.

Also notable: the MBA programs in this table (UF, Purdue, WGU) require significantly more credits than the MSM programs — typically 48 credits versus 30 — which translates to longer timelines and higher total cost. That credit difference is one of the most practical reasons students choose an MSM over an MBA, which the next section explores in detail.

Management Degree Types: MS vs. MA vs. MBA

This is the decision that shapes everything else — the degree type you choose determines your curriculum, your peer cohort, your admissions experience, and often the career paths available to you after graduation. The three degree types in management look similar on the surface but serve different students with different goals. Understanding these differences before you apply can save you a year of coursework and thousands of dollars in tuition.

MS in Management

The Master of Science in Management (MSM) is an analytically oriented degree designed to build management capability through structured frameworks: organizational behavior, data-driven decision-making, operations management, financial analysis, and strategic planning. Most MSM programs are 30 credits and can be completed in 12 to 18 months.

The MSM is increasingly popular with two groups: early-career professionals who want management foundations without the work experience requirements of an MBA, and STEM professionals transitioning into management roles who value the quantitative rigor. Several MSM programs now carry STEM designation (like those at FIU and ASU), which matters for international students seeking OPT extensions.

Critically, the MSM is not a “lesser MBA.” It’s a different degree with a different purpose. Where the MBA is a generalist business degree that happens to include management, the MSM is specifically focused on management science. For students whose goal is management competency rather than broad business fluency, the MSM is often the more efficient path.

MA in Management

The Master of Arts in Management is less common than the MSM or MBA but occupies an important niche. MA programs emphasize qualitative and humanistic approaches to management: organizational communication, leadership philosophy, conflict resolution, cross-cultural management, and ethics. The quantitative load is lighter than in an MS program — less financial modeling, more case-based reasoning and research methods.

MA in Management programs are most common at liberal arts-oriented institutions and tend to attract students interested in nonprofit management, arts administration, higher education leadership, or public-sector management. If your career path involves leading diverse teams, managing organizational change, or working in sectors where interpersonal and communication skills outweigh financial modeling, the MA may be your strongest fit.

One practical consideration: MA in Management programs are less widely offered online than MSM or MBA programs, which limits options. Students drawn to the MA’s humanistic focus may also want to evaluate online master’s in organizational leadership programs, which share similar philosophical grounding.

MBA with Management Concentration

The MBA with a management concentration is the most recognized of the three options, and it’s the right choice for a specific type of student: someone who wants broad business training across finance, marketing, accounting, and operations, with a management specialization layered on top. MBA programs typically run 48 credits and take 18 to 24 months for full-time students, making them longer and more expensive than MSM programs.

MBA programs also generally require or strongly prefer work experience — most competitive programs expect 3 to 7 years of professional experience, and executive-format programs like Purdue’s target 8 or more years. This requirement reflects the MBA’s pedagogy: much of the learning happens through peer discussion and case study, which requires professional context to be effective.

The management concentration within an MBA usually consists of 3 to 5 elective courses in strategic management, organizational leadership, and operations — layered on top of the MBA core. If you want the versatility of a general MBA with some management depth, this path works. If you already know management is your focus and don’t need broad business training, the MSM is typically more efficient. For a deeper comparison of MBA programs across concentrations, see our online MBA programs guide.

How to Choose Between Them

The choice between these three degree types comes down to your career stage, your goals, and your budget. The comparison table below summarizes the key decision factors.

FactorMS in ManagementMA in ManagementMBA (Management Concentration)
Curriculum FocusQuantitative management science, analytics, operationsQualitative leadership, communication, organizational behaviorBroad business core + management electives
Ideal CandidateEarly-career or STEM-to-management professionalsStudents targeting nonprofit, public-sector, or humanities-adjacent managementMid-career professionals wanting general business + management depth
Work Experience ExpectedOften 0-3 yearsOften 0-3 yearsTypically 3-7+ years
Quantitative RigorHighModerateModerate to High
Career AlignmentManagement analyst, operations manager, consultingNonprofit director, arts administrator, organizational developmentGeneral manager, director, executive leadership
Typical Duration12-18 months12-18 months18-24 months
Cost Range$18,000-$57,000$20,000-$45,000$26,000-$60,000+

A practical heuristic: if you have less than 3 years of experience and want management-specific training, choose the MSM. If you have 5+ years of experience and want a versatile business credential, choose the MBA. If your management goals are in nonprofits, education, or culture-focused organizations, explore the MA. And if you’re still uncertain, the MSM is generally the lower-risk choice — it’s shorter, cheaper, and focused, with strong career outcomes across industries.

Specializations in Management

One of the advantages of management as a graduate field is how broadly it applies across industries and functions. Most online management programs offer specialization options that let you tailor your degree to a specific sector or skill set. Choosing a specialization can sharpen your resume for targeted roles, though a general management track is also a strong choice if you value versatility.

Here are the most common management specializations available in online programs. Several of these have dedicated OMC subject pages with deeper coverage — follow the links where you want to explore a specialization more thoroughly.

Healthcare Management

Healthcare management is one of the fastest-growing management specializations, driven by an aging population and the increasing complexity of healthcare delivery systems. Programs in this area cover healthcare policy, hospital operations, regulatory compliance, health informatics, and financial management specific to healthcare organizations. Graduates typically pursue roles as healthcare administrators, clinical managers, or health services directors. Explore programs and career paths on our dedicated online master’s in healthcare management page.

Supply Chain and Operations Management

Supply chain and operations management focuses on logistics, procurement, process optimization, inventory systems, and global supply chain strategy. Post-pandemic disruptions elevated this specialization’s visibility and employer demand significantly. Students learn lean management, Six Sigma frameworks, and data-driven operations analysis. This specialization pairs particularly well with STEM-designated MSM programs. For a deeper look, see our online master’s in supply chain management hub.

Project Management

Project management specializations prepare students for PMP certification and roles managing complex, cross-functional projects. Coursework covers project planning, risk assessment, resource allocation, agile and waterfall methodologies, and stakeholder management. This specialization is especially popular with IT professionals, engineers, and construction managers moving into leadership. Visit our online master’s in project management page for program comparisons and career data.

Nonprofit Management

Nonprofit management covers the unique challenges of leading mission-driven organizations: fundraising and development, grant writing, program evaluation, board governance, and volunteer management. Revenue structures, performance metrics, and stakeholder relationships in nonprofits differ substantially from for-profit management, and this specialization addresses those differences directly. See our online master’s in nonprofit management page for more detail.

Strategic Management

Strategic management is a specialization for students interested in high-level organizational direction: competitive analysis, corporate strategy, mergers and acquisitions, business model innovation, and market positioning. This is the most MBA-adjacent specialization within MSM programs, and it’s popular with students who want strategy exposure without the full MBA credit load. Programs at Indiana University and the University of Illinois Urbana-Champaign are particularly strong in this area.

Information Technology Management

IT management specializations bridge the gap between technical teams and business leadership. Coursework covers IT governance, cybersecurity strategy, digital transformation, systems implementation, and technology budgeting. This is a strong specialization for IT professionals who manage teams but lack formal business training, or for business professionals who need to manage technology functions. Many IT management specializations overlap with MIS (Management Information Systems) programs.

Entrepreneurship

Entrepreneurship specializations focus on venture creation, business plan development, innovation management, scaling operations, and funding strategies. Unlike standalone entrepreneurship programs, this specialization within a management degree grounds venture-building skills in organizational management fundamentals — useful for both startup founders and intrapreneurs driving new initiatives within existing organizations.

Human Resource Management

Human resource management as a management specialization covers talent acquisition, compensation and benefits design, employee development, labor relations, and workforce analytics. It differs from a standalone online master’s in human resources in that it provides broader management context alongside HR-specific skills. This specialization is a good fit for HR professionals who see their career path moving toward general management or COO-type roles rather than CHRO-only tracks.

Sports Management

Sports management covers the business operations of athletic organizations, professional sports teams, collegiate athletics, and sports media. Coursework includes sports marketing, event management, facility operations, sports law, and athlete representation. This specialization is highly industry-specific, and graduates typically pursue careers in professional sports organizations, collegiate athletic departments, or sports marketing agencies. For deeper coverage, see our online master’s in sports management page.

Most Affordable Online Master’s in Management Programs

Affordability is a crucial factor when selecting a school. Accredited master’s programs have varying costs, and prestigious business schools tend to be more expensive. For those seeking an economical yet high-quality option, a list of the most budget-friendly online master’s in management programs is compiled to assist in making an informed choice. The methodology for ranking the most affordable master’s in management degree programs is considered the key factor of utmost concern to students. Here is the list of top affordable programs compiled by OMC:

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Cost is a critical decision factor for management students, especially given the wide tuition range across programs — from under $10,000 to over $57,000. The programs below represent strong value options where accreditation, program quality, and affordability intersect. “Affordable” here doesn’t mean cheapest at all costs; it means the lowest cost per quality unit, accounting for accreditation standing and outcome relevance.

  • Tuition: ~$4,530/six-month term (flat-rate)
  • Accreditation: ACBSP
  • Format: Fully online, competency-based
  • Value Signal: WGU’s flat-rate model means students who progress faster pay less total tuition. Motivated self-starters routinely complete this MBA in under 18 months for under $15,000 total.

When evaluating affordable programs, verify that tuition figures include fees — some programs quote tuition separately from technology fees, course material fees, or graduation fees that can add $1,000 to $3,000 to total cost. The graduate school cost calculator can help you model true total cost including living expenses and opportunity cost.

Most Affordable Online Master’s in Management Programs

Cost is a critical decision factor for management students, especially given the wide tuition range across programs — from under $10,000 to over $57,000. The programs below represent strong value options where accreditation, program quality, and affordability intersect. “Affordable” here doesn’t mean cheapest at all costs; it means the lowest cost per quality unit, accounting for accreditation standing and outcome relevance.

  • Tuition: ~$4,530/six-month term (flat-rate)
  • Accreditation: ACBSP
  • Format: Fully online, competency-based
  • Value Signal: WGU’s flat-rate model means students who progress faster pay less total tuition. Motivated self-starters routinely complete this MBA in under 18 months for under $15,000 total.

When evaluating affordable programs, verify that tuition figures include fees — some programs quote tuition separately from technology fees, course material fees, or graduation fees that can add $1,000 to $3,000 to total cost. The graduate school cost calculator can help you model true total cost including living expenses and opportunity cost.

Admissions Requirements

Admissions requirements for online management programs vary significantly by degree type and institution prestige, but the overall trend in management education is toward greater accessibility — particularly for MSM programs, which are specifically designed to welcome earlier-career applicants.

Academic Requirements

Most management programs require a bachelor’s degree from a regionally accredited institution with a minimum GPA of 2.5 to 3.0. More selective programs (George Washington University, Purdue, Northeastern) may expect a 3.0 or higher. The bachelor’s degree does not need to be in business — in fact, MSM programs explicitly welcome students from non-business backgrounds including engineering, liberal arts, healthcare, and public service.

Some programs require foundational business prerequisites (introductory accounting, statistics, or economics). These are more common in MBA programs than MSM programs. Many schools allow students to complete prerequisites as non-degree courses or accept MOOCs and professional certifications as equivalent preparation.

Standardized Tests and No-GRE Options

The no-GRE movement has hit management programs hard — in a good way for applicants. The majority of MSM programs in our curated list (including FIU, ASU, SNHU, Liberty, WGU, and Penn State World Campus) do not require the GRE or GMAT at all. Others (Northeastern, UF, Indiana University) offer waivers based on GPA, work experience, or professional certifications.

Among MBA programs with management concentrations, GRE/GMAT requirements are slightly more common but still frequently waived. Programs that maintain standardized test requirements tend to be the most selective and highest-priced options.

If avoiding standardized tests is a priority, you have plenty of strong options. See our full list of no-GRE online master’s programs for cross-subject coverage.

Work Experience and Prerequisites

This is where the MSM-MBA distinction matters most in practical terms. MBA programs typically expect 3 to 7 years of professional experience, and executive-format MBAs may require 8 or more. This experience requirement isn’t just an admissions hurdle — it shapes classroom dynamics, since MBA pedagogy relies heavily on peer learning and case discussion drawn from real professional contexts.

MSM programs, by contrast, often require no professional experience at all or recommend only 1 to 2 years. This makes the MSM the natural entry point for recent graduates, career changers, and early-career professionals who want to build management capability before they’ve spent years in management roles.

MA in Management programs typically fall between these two poles, with most expecting 1 to 3 years of experience.

Application materials across all three degree types generally include a resume or CV, a statement of purpose or professional goals essay, two to three letters of recommendation, and official transcripts. Some programs also require a professional interview, particularly at the executive MBA level.

Program Timeline and Format

Online management programs vary widely in how long they take and how they deliver content, and understanding these differences can help you match a program to your schedule and learning style.

Standard Timeline: Most MSM and MA programs run 30 to 36 credits and can be completed in 12 to 18 months of full-time study. MBA programs with management concentrations typically run 48 credits and take 18 to 24 months full-time. Part-time pacing extends both ranges by roughly 50% — a 30-credit MSM might take 20 to 24 months part-time, while a part-time MBA can stretch to 30 to 36 months.

Accelerated Options: Several programs offer accelerated tracks that compress timelines further. The University of Illinois Urbana-Champaign’s iMSM can be completed in as few as 12 months, and WGU’s competency-based model allows self-paced acceleration — motivated students have completed the MBA in under a year. For students specifically seeking speed, our fastest online master’s programs ranking covers options across subjects, and many management programs qualify for our one-year online master’s programs guide.

Synchronous vs. Asynchronous: Most online management programs use primarily asynchronous delivery — recorded lectures, discussion boards, self-paced assignments — which is ideal for working professionals managing unpredictable schedules. Some programs (University of Florida, Purdue) incorporate synchronous elements like live class sessions, virtual team meetings, or immersive residencies. Synchronous formats can enhance peer networking and cohort bonding but require fixed availability.

Part-Time vs. Full-Time: The majority of online management students study part-time while working. Most programs are designed with this in mind, offering 8-week course terms, evening synchronous sessions when applicable, and flexible assignment deadlines. Students who can study full-time benefit from faster completion and deeper immersion but should verify that their chosen program actually offers a full-time online track — some programs are structured exclusively for part-time pacing.

Accreditation: What to Look For

Accreditation is one of the first things to verify when evaluating a management program, and the business-school accreditation landscape has three tiers that matter.

AACSB International is the gold standard of business school accreditation, held by roughly 6% of business schools worldwide. AACSB accreditation signals rigorous faculty qualifications, research activity, continuous improvement processes, and strong student outcomes. For students targeting Fortune 500 employment, consulting, or doctoral programs, AACSB accreditation is a meaningful differentiator. Programs from universities like the University of Florida, Indiana University, Arizona State University, and the University of Illinois Urbana-Champaign carry this accreditation.

ACBSP (Accreditation Council for Business Schools and Programs) focuses more on teaching quality than research output. ACBSP-accredited programs (SNHU, Liberty, WGU) are well-regarded and produce strong career outcomes, particularly for students focused on applied management skills and career advancement within their current organizations.

IACBE (International Accreditation Council for Business Education) is the third recognized programmatic accreditor for business programs. IACBE focuses on outcomes-based assessment and is held by a number of smaller private institutions.

All three programmatic accreditations are recognized by the U.S. Department of Education, and all three satisfy the accreditation requirements for federal financial aid eligibility. The choice between them depends on your career goals: if employer brand recognition, consulting recruitment, or doctoral admission is a priority, prioritize AACSB. If affordability and flexibility are paramount and your employer doesn’t specifically require AACSB, ACBSP and IACBE programs offer strong value.

Regional accreditation (now called institutional accreditation) is the baseline — it covers the entire university, not just the business school. Any program you consider should come from a regionally/institutionally accredited university. You can verify accreditation status through the Council for Higher Education Accreditation (CHEA) database or the U.S. Department of Education’s accreditation lookup tool. Programs in our accredited online master’s programs ranking have all been verified for proper accreditation standing.

Career Paths for Management Graduates

A master’s in management opens doors across industries and functions — management skills are among the most transferable in the business world. The specific career paths available to you depend on your specialization, degree type, and professional experience, but the following roles represent the most common outcomes for management master’s graduates.

The table below summarizes salary data (sourced from BLS and current labor market estimates), growth projections, and which degree type tends to align best with each career path.

Job TitleMedian SalaryProjected Growth (2023-2033)Best Degree Fit
Management Analyst$99,41010% (Faster than average)MSM, MBA
Operations Manager$101,2806% (Faster than average)MSM, MBA
Human Resources Manager$136,3506% (Faster than average)MSM (HR specialization), MBA
Healthcare Administrator$110,68029% (Much faster than average)MSM (Healthcare Mgmt.), MBA
Project Manager$98,5806% (Faster than average)MSM (Project Mgmt.), MBA
General and Operations Director$103,8406% (Faster than average)MBA, MSM
Training and Development Manager$125,0406% (Faster than average)MA, MSM
Management Consultant$100,53010% (Faster than average)MSM, MBA

Salary data from BLS Occupational Outlook Handbook, May 2023 estimates. Growth projections are 2023-2033 BLS estimates.

Management Analyst

Management analysts — also called management consultants when working for consulting firms — help organizations improve efficiency, reduce costs, and implement strategic changes. This role is one of the most direct career outcomes for MSM graduates, particularly those with analytics and strategy concentrations. Both internal analyst roles and external consulting positions are common entry points after a management master’s degree.

Operations Manager

Operations managers oversee daily business operations, manage production processes, and ensure organizational efficiency. This role benefits from both MSM and MBA training, particularly with operations or supply chain specializations. Manufacturing, logistics, technology, and healthcare organizations are among the largest employers of operations managers.

Human Resources Manager

HR managers coordinate the administrative functions of an organization’s workforce: recruiting, benefits, training, and compliance. A management master’s with an HR specialization provides both the people-management depth and the organizational strategy skills this role demands. The median salary of $136,350 makes HR management one of the highest-paying paths for management graduates.

Healthcare Administrator

Healthcare administrators manage hospitals, clinics, physician groups, and other healthcare facilities. The 29% projected growth rate for this role — far faster than the national average — makes healthcare administration one of the strongest labor market stories for management graduates. A management degree with a healthcare management specialization is the most direct preparation for this path.

Project Manager

Project managers lead cross-functional teams to deliver specific outcomes within defined timelines and budgets. While PMP certification is often the most important credential for this role, a master’s in management with a project management specialization provides both the credential preparation and the broader organizational knowledge that distinguishes senior PMs from entry-level ones.

General and Operations Director

General and operations directors hold broad responsibility for organizational performance across multiple departments. This is typically a mid-to-senior career role that requires both management training and significant professional experience. MBA graduates with 5+ years of experience are the most common holders of these positions, though MSM graduates who advance through operations roles can reach this level as well.

Training and Development Manager

Training and development managers design and oversee employee learning programs, onboarding systems, and professional development initiatives. This role aligns well with the MA in Management’s emphasis on communication, organizational behavior, and human-centered leadership. It’s also a natural path for management graduates with HR or organizational development specializations.

Management Consultant

Management consultants work for consulting firms (or independently) to advise organizations on strategy, operations, technology, and organizational structure. Both MSM and MBA degrees are valued in consulting, though the most selective firms (McKinsey, BCG, Bain) tend to recruit from top-tier MBA programs. MSM graduates from AACSB-accredited programs can access mid-tier and boutique consulting roles, and many build successful independent practices.

How to Pay for Your Online Management Degree

Management program tuition ranges from under $10,000 (WGU’s accelerated completion) to over $57,000 (George Washington University), making financial planning a critical part of program selection. The good news: multiple funding sources can reduce your out-of-pocket cost substantially, and the ROI of a management master’s degree is generally strong relative to the investment.

Scholarships and Grants

Many universities offering online management programs provide institutional scholarships specifically for graduate business students. Merit-based scholarships tied to GPA or GMAT scores are common at AACSB-accredited programs. Need-based grants are also available through FAFSA. External scholarships from professional organizations like the Project Management Institute (PMI), the National Management Association, and industry-specific foundations can supplement institutional aid. Check each program’s financial aid page early — many scholarship deadlines precede enrollment deadlines by several months.

Employer Tuition Assistance

Employer tuition assistance is one of the most underutilized funding sources for management students, and one of the most valuable. Many employers offer $5,250 or more per year in tax-free tuition reimbursement (the IRS limit for tax-free employer educational assistance). Some large employers — including Amazon, Starbucks, Walmart, and most Fortune 500 companies — have dedicated partnerships with online universities that reduce or eliminate tuition.

If you’re currently employed, check your company’s tuition assistance policy before enrolling. A management degree is one of the easiest to justify to an employer because the skills directly benefit your current organization. Many students fund their entire degree through employer assistance by timing course loads to maximize annual reimbursement caps.

Federal Financial Aid

Online management students at accredited institutions are eligible for federal financial aid, including Direct Unsubsidized Loans (up to $20,500/year for graduate students) and Graduate PLUS Loans (up to the cost of attendance). Complete the FAFSA to determine eligibility. Federal loans carry fixed interest rates and offer income-driven repayment plans and Public Service Loan Forgiveness (PSLF) eligibility, which is especially relevant for management graduates pursuing nonprofit or public-sector roles.

For a comprehensive overview of financial aid options, visit our paying for your online master’s guide.

Return on Investment

The ROI calculation for a management master’s depends on three factors: your pre-degree salary, your post-degree salary, and your total cost of education. BLS data shows that management occupations have a median annual wage of $116,880, significantly above the $48,060 median for all occupations. Even conservative estimates suggest that management master’s graduates recoup their educational investment within 2 to 5 years through salary increases, promotion eligibility, and career mobility.

The strongest ROI typically comes from lower-cost programs at accredited institutions (Fort Hays State, WGU, SNHU) where the same career outcomes are achievable at a fraction of the cost of premium-priced programs. However, premium programs from AACSB institutions may offer network access and brand signaling that justify higher costs for students targeting competitive industries like consulting or finance. Use the graduate school cost calculator to model your specific scenario.

If you’re evaluating management programs, these OMC ranking pages can help you compare options from different angles — each one filters programs by a criterion that management students frequently prioritize.

  • Best Online Master’s Programs — This cross-subject ranking evaluates online master’s programs across all fields for quality, flexibility, and outcomes. Management programs from several universities on this page appear in the broader rankings, which can help you gauge how a management program stacks up against master’s options in other fields.
  • Most Affordable Online Master’s Programs — Cost is one of the primary decision drivers for management students, especially given the wide tuition range across degree types. This ranking highlights the most cost-effective options across subjects, with multiple management-relevant programs represented.
  • Fastest Online Master’s Programs — For working professionals who want to minimize time-to-degree, this ranking covers accelerated programs that can be completed in 12 months or less. Several management programs — particularly competency-based and stackable-credential options — qualify.
  • Highest-Paying Online Master’s Degrees — Management consistently appears among the highest-earning master’s degree fields. This ranking maps salary outcomes by degree type, helping you assess whether a management program’s cost is justified by its earning potential.
  • Accredited Online Master’s Programs — Accreditation quality varies significantly in business education. This ranking focuses specifically on verified accreditation standing, which is especially useful for management students navigating the AACSB vs. ACBSP vs. IACBE question covered earlier on this page.

Frequently Asked Questions About Online Master’s in Management Programs

MSM stands for Master of Science in Management. It’s an analytically focused graduate degree that emphasizes management science, organizational behavior, operations, and strategic decision-making. The MSM is distinct from an MBA — it’s a management-specific degree rather than a general business degree with a management concentration. MSM programs are typically 30 credits and can be completed in 12 to 18 months.