You don’t have to spend a fortune earning an online MBA. The possibilities that come with completing an online MBA program and finally receiving your degree are comparable to those of enrolling in a conventional, on-campus MBA college.
You can anticipate an equally extensive curriculum that includes classes on basic business principles, aids in the development of critical administrative and leadership abilities, and puts you in touch with a network of experts who share your interests. Using online platforms, you can comfortably complete your tasks and coursework while still attending lectures.
This article serves as a guide to the Most Affordable Online MBA Degree Programs; looking through the advantages of an online MBA degree program, career opportunities as well as how much you can make with an online MBA degree. Without bothering you with too many details let’s get into the main gist for the day.
With an online MBA program, you can expect a lot of flexibility in terms of your schedule thereby allowing you to continue your work routine without being burdened by having to attend classes on campus.
Most Affordable Online MBA Degree Programs
After carefully looking at the most affordable online MBA Degree Programs, we have selected a list of the top ten most affordable online MBA Degree programs, students who are interested are hereby advised to carefully select any of the schools listed below that suit their choice of preference.
This list was made from comprehensive and verified data to ensure that you can make well-informed decisions.
1. Northeastern State University
Situated in Tahlequah, Oklahoma, Northeastern State University (NSU) is well known as the cheapest MBA which presents a strong case. This MBA program provides advanced topics in accounting, finance, economics, business analytics, and management.
With a tuition fee of $251.00, Northeastern State University, has been awarded Accreditation Council for Business Schools and Programs (ACBSP)
They offer a wide range of courses which include; Business Analytics, Native American Enterprises, General Management, Environmental Health and Safety Management, Healthcare Informatics, Long long-term care, Accounting and Finance as well as Healthcare Administration.
2. Georgia Southwestern State University
Georgia Southwestern State University is located in Americus, Georgia with a total credit of 30 at a tuition rate of $257.00.
Experience from the community and top-notch faculty skills are combined to provide students at Georgia Southwestern State University with an education. Cultural influences, morals, and commercial ethics are taught to students.
The institution’s concentration is basically on general business also gaining the AACSB International accreditation.
3. Fitchburg State University
At Fitchburg State University, the MBA program can be concluded in as short as 12 months. It is possible for students to graduate and start their jobs earlier than other university graduates.
Location in Fitchburg, Massachusetts, the university gained accreditation from the International Accreditation Council for Business Education (IACBE). Their tuition fee amounts to as low as $275.00, offering courses like accounting, Healthcare Management, Human Resources Management, Supply Chain Management, Management, and marketing.
4. Eastern New Mexico University
Eastern New Mexico University‘s MBA program is located in Portales, New Mexico where they offer courses like finance, entrepreneurship, marketing, and business research, among others. Students are expected to pay a tuition fee as low as $297.25 before becoming human resource specialists, business owners, and management analysts.
Accreditation: ACBSP
Total credits: 30
Concentration/s: General Business
5. Missouri State University
The Master of Company Administration program at the Missouri State University (MSU) College of Business was created in response to evolving company requirements. Located in Springfield, Missouri, the institution accepts applications on a rolling basis. However, it is advised to apply early as seats fill up quickly.
Accreditation: AACSB International
Tuition: $309.00
Total credits: 33
Concentration/s: General Business
6. University of the Cumberlands
The University of the Cumberlands offers an MBA program designed for students with busy professionals and students juggling work and family obligations. Situated in Williamsburg, Kentucky, they offer flexibility in programs thereby enhancing several concentrations, which allow students to personalize their degrees.
Accreditation: IACBE
Tuition: $315.00
Total credits: 37
Concentration/s: Accounting, Project Management, Strategic Management, Entrepreneurship, Healthcare Administration and Marketing.
7. Sam Houston State University
Students from every discipline of study who meet the requirements can enroll in Sam Houston State University’s MBA program. Throughout the year, there are three start dates for this flexible program.
Location: Huntsville, Texas
Accreditation: AACSB International
Tuition: $320.00
Total credits: 36
Concentration/s: General Business
8. University of Central Arkansas
The University of Central Arkansas (UCA) is situated in Conway, Arkansas, committed to values such as innovation, creativity, and personal development. Students can choose to study either full-time or part-time to complete the program.
Accreditation: AACSB International
Tuition: $325.00
Total credits: 30
Concentration/s: Health Care Administration, Information Management and Finance.
9. Texas Tech University
Texas Tech’s Rawls College of Business offers a 100% online MBA program. One may complete the degree as either a full-time or part-time student. Accounting, finance, leadership, and ethics are among the topics covered in these courses.
Location: Lubbock, Texas
Accreditation: AACSB International
Tuition: $333.00
Total credits: 30
Concentration/s: Healthcare Organization Management, Information Technology, Marketing Analytics
10. Southeastern Oklahoma State University
Southeastern Oklahoma State University (SOSU) in Durant, Oklahoma is committed to improving lives through higher education. Its online MBA program is one of its highlights. Students are honed to become leaders in a variety of roles and occupations.
Accreditation: AACSB International
Tuition: $337.00
Total credits: 36
Area of Focus; General Business, Women in Leadership, AccountingAerospace, Logistics, Data, Analytics, Entrepreneurship, Finance, Health Care Information Systems, Human Resources, Management, Marketing, Native American Leadership, Project Management, Safety, and Strategic Communication.
Obtaining an Online MBA degree Has What Advantages?
1. American recent MBA graduates may expect to start their careers at a median income of $125,000.
2. Within a corporation or organization, MBA graduates can assume executive, managerial, and leadership positions at a high level.
3. You may study and get the necessary abilities to further your career without having to quit your current employment by earning an online MBA degree.
Job Opportunities
Gaining access to numerous jobs in a broad range of fields is possible with an MBA from an online program.
1. Your online MBA program’s analytical and problem-solving abilities combined with business acumen will make you eligible for a leadership or upper-level position in any type of organization, including traditional business settings, remote-friendly work environments, and non-business settings like government agencies, academic institutions, and international development.
2. You can work your way up the corporate ladder to become the head of a department in a large company—marketing, finance, or operations, for example—or, if an executive position becomes available, you can work as a management consultant and apply your strategic thinking abilities there.
3. You can also use your business acumen to drive social change in the non-profit sector or launch your own company.
How much I can make with an online MBA degree?
Whether from a regular or online school, acquiring an MBA may greatly increase your income potential in comparison to receiving only a bachelor’s degree. For this reason, it can be wise to register in an MBA program, whether it be online or on campus.
The Graduate Management Admission Council projects that the median starting income for MBA graduates in the United States in 2023 will be $125,000. This indicates the nation’s highest median earning potential. For MBA graduates, the typical starting pay in 2022 was $115,000.
For an MBA degree holder, your pay will still be determined by your area of expertise, the standing of your MBA program, the quality of your real-world job experience, and your ability to negotiate. Locations and type of industry can also affect your actual salary figure.