Old Dominion University Strome College of Business building

In its second annual ranking of online MBA programs, U.S. News & World Report ranked Old Dominion University 58th in the United States, based on categories such as student engagement, faculty credentials and training and admissions selectivity.

Old Dominion's MBA program, which is housed in the University's Strome College of Business, was made fully available online in fall 2014.

The program is designed to be demanding, yet flexible, as students may take any combination of online and in-person classes, and complete the degree requirements on a compressed or extended schedule.

Kiran Karande, associate dean of the Strome College and director of the University's MBA program, said the ranking is recognition of the rigor, relevance and flexibility of the program.

"With the online MBA, we are now able to provide quality business education to students, with the convenience of completing the work on their schedules, and the flexibility of adapting to life situations such as a change of job, or an addition to the family," Karande said. "With the help of our faculty, staff and distance learning colleagues, I look forward to enhancing the program further in the coming years."

A total of 167 online MBA programs qualified for the rankings, which sorted programs nationwide using five categories: student engagement, admissions selectivity, peer reputation, faculty credentials and training and student services and technology.

Using data related to distance education MBA programs in each category, schools were ranked on a scale of 1-100 in relation to their peers. Old Dominion ranked highest in faculty credentials and training (a score of 86) and admissions selectivity (a score of 77).

To see the full online M.B.A. rankings, see the U.S. News & World Report Website.