MBA programs with no GMAT requirement
Explore online MBA programs with no GMAT requirement. Learn how you can advance your career without the stress and time investment of standardized testing.
See all MBA programsWhy earn an online MBA?
Advance into executive roles
Online MBA programs can prepare you to pursue management and C-suite positions.
Flexible format and schedule
Some online MBA programs are part time or accelerated, allowing you to study without pausing your career.
Build leadership skills
Core courses and concentrations may equip you to lead businesses across various industries.
See all online MBA programs with no GMAT requirement
As a prospective (MBA) student, you may encounter the Graduate Management Admission Test (GMAT) as an admissions requirement.
To fast-track your application, consider an online MBA with no GMAT requirement. Explore programs, admissions requirements, and possible career paths for MBA graduates.
What is the GMAT?
The GMAT is a standardized, business-focused test that assesses quantitative, verbal reasoning, and data analysis skills. According to the Graduate Management Admission Council (GMAC), which provides the exam, it also tests arithmetic, algebra, critical thinking, and reading comprehension.
The exam consists of 64 questions and takes approximately 130 minutes to complete.
Business schools use GMAT scores to evaluate applicants' readiness for MBA programs. However, some universities now waive the GMAT as an admissions requirement for MBA programs, allowing individuals to save both time and money.
Types of MBA programs
MBA programs aim to enhance students' leadership and strategic decision-making skills to tackle complex business challenges across industries.
MBA core courses offer advanced knowledge in many topics. Find some below, with links to edX courses on each topic:
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Some business schools offer concentrations that help students align their experiences, strengths, and interests with their career goals.
Take a look at some of the types of MBA programs you may find, with job title information from O*NET:
What jobs can you get with an online MBA?
Earning an online MBA from an accredited school can equip professionals with the skills and credentials needed to stand out for management roles. The program's flexibility can help graduates enter high-paying, diverse industries like finance, healthcare, and STEM fields.
In terms of unique career advancement opportunities, online MBA graduates often access senior leadership and C-suite roles like chief executive officer (CEO), chief operations officer (COO), or CFO, where they can influence strategic direction for businesses or organizations.
These positions often pay higher-than-average salaries. According to the Bureau of Labor Statistics (BLS), chief executives — like CEOs, CFOs, and COOs — earned a median annual salary of $206,680 in 2023.
Career outlook and salary expectations for MBA graduates
The BLS projects a strong job market for MBA graduates, with faster-than-average growth for all management occupations from 2023 to 2033, with 1.2 million yearly new job openings.
MBA graduates can also earn higher-than-average wages. Management roles earned a median annual salary of $116,880 as of May 2023, significantly higher than the $48,060 median yearly salary for all occupations for that same time period.
Consider common MBA career paths and their median annual salaries in 2023, per the BLS, with positions in healthcare, human resources, marketing, operations, and senior leadership:
MBA jobs | Median annual salary in 2023 |
---|---|
Administrative services and facilities managers | $104,900 |
Advertising, promotions, and marketing managers | $156,580 |
Human resources managers | $136,350 |
Medical and health services managers | $110,680 |
Top executives | $103,840 |
What's the ROI of an online MBA program?
When evaluating the return on investment (ROI) for an online MBA degree, compare the program's affordability and length with the job opportunities and earning potential for management roles once you graduate.
Evaluate these factors to get an approximation of the ROI of an online MBA program for you:
Factor | Investment/Return |
---|---|
Average tuition and fees paid for online master's degrees in business, management, and marketing in 2020 | $10,962 |
Average length of online MBA programs | Two years |
Median annual salary for management roles in 2023 | $116,880 |
Management job outlook for 2023-33 | 1.2 million new job openings annually |
Admissions requirements for an online MBA with no GMAT requirement
Many online MBA programs that waive or don't require the GMAT tend to focus on an applicant's professional experience, history of career growth, and community involvement.
The years of work experience required to qualify for the GMAT waiver vary by program but could range from two to seven years.
Additional requirements may include a résumé or curriculum vitae (CV), letters of recommendation from supervisors, and a video interview. International applicants may need college-level education equivalent to a bachelor's degree and English proficiency test scores.