ASHLAND – Ashland University’s Online MBA Program is ranked second in the country on the Best Value MBA’s 2016 list of the top 20 most affordable online MBA programs with no GMAT required.

Dr. Elad Granot, dean of Ashland University’s Dauch College of Business and Economics, was thrilled with the ranking of AU’s online MBA program as the second most affordable program on this list.

“I am very pleased that Best Value MBA has recognized the success and value of our online MBA program by ranking us second on this list of top 20 programs in the nation based on value,” Granot said.

“This is a tribute to and reflection of the hard work and dedication of the outstanding administrators and faculty who make up the online MBA program here at AU.”

According to Best Value MBA, the 20 most affordable no-GMAT online MBA programs ranked were drawn from a pool of more than 500 online MBA programs listed by College Navigator, a database run by the National Center for Education Statistics.

The top 20 list is available at:

Tuition information for the study was sourced from College Navigator and represents the average graduate tuition per year of each university included in the ranking.

According to Best Value MBA, many MBA programs, both on campus and online, require applicants to submit GMAT scores. Often, GMAT scores are only accepted if the test was taken within the past five years. This can be a hassle for working professionals who went straight into the workforce with their bachelor’s degree, and now want to earn an MBA.

Many of the online MBA programs offered by schools are geared toward these working professionals, and thus do not require GMAT scores. This ranking includes schools with no GMAT requirement at all, and schools that waive GMAT requirements for students with a strong GPA, or years of successful work experience.

The Best Value MBA website notes that “these convenient programs are just as rigorous as many of their GMAT requiring counterparts. Just because the school doesn’t require students to submit GMAT test scores doesn’t mean the program is easier. So students who don’t already have a strong understanding of fundamental business principles should consider taking supplementary courses anyway to ensure their success in an MBA program.”

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