Have you been eager to start an MBA program online but balked at the hefty price tag? Do not let the hefty price tags for MBA programs deter you from achieving your dreams! Believe it or not, top-notch online MBA programs exist that won’t require you to break the bank. Several universities offer high-quality, accredited programs designed specifically for budget-conscious learners like you.
Now, you might think “affordable” translates to “mediocre.” No!, many universities offer affordability and also offer good quality education. This article explores ten exceptional online MBA programs that excel in both cost and quality. We have meticulously vetted these schools based on their tuition fees, ensuring transparency and enabling you to identify the most attractive options.
Affordability is not the only factor we considered while listing these colleges, we also looked into each program’s features, specializations, and accreditation status. So, whether you’re a mid-career professional seeking a promotion, a recent graduate chasing your dream job, or simply someone driven to expand your knowledge and career potential, this article will be helpful to you.
We will equip you with the information you need to make an informed decision, empowering you to choose the perfect program that aligns with your aspirations and budget.
10 Most Affordable Online MBA Programs
1. Cameron University
Cameron University leads the pack as the provider of an affordable online MBA. Catering to working professionals, this program is designed to equip graduates with the necessary skills for executive positions across various industries.
With a focus on traditional business topics, Cameron University ensures its graduates are well-prepared to tackle the challenges of a fast-paced economy. Cameron University, Oklahoma offers the most affordable online MBA degree program with a tuition of $4,590.
2. Georgia Southwestern State University
Americus, Georgia Georgia Southwestern State offers an accredited online MBA designed for working students. Graduate Tuition/Fees: $4,928
Georgia Southwestern State University is well-known as one of the top providers of cheap online MBA programs, offering a curriculum characterized by flexibility and affordability. This college seeks to foster inclusivity as it welcomes students from diverse academic and professional backgrounds.
For applicants without a business or related major, the post-baccalaureate option allows for necessary prerequisite classes in accounting, statistics, finance, and management. The cost of graduate tuition at this college is $4,928 for both in-state and out-of-state students.
3. Southeastern Oklahoma State University
Southeastern Oklahoma State University emerges as also front-runner in the race for affordable online MBAs, offering a program with 13 concentration areas. The concentrations include accounting, aerospace logistics, and healthcare information systems, this diverse array of offerings caters to the specific career paths of working professionals.
The MBA program is offered through the accredited John Massey School of Business, prospective students are not required to submit standardized test scores. The online MBA program is accredited by The Association to Advance Collegiate Schools of Business. Southeastern Oklahoma State University’s online MBA program costs about $5,022 for both in-state and out-of-state students.
4. Chadron State College
Chadron State College is our top provider of affordable online MBA programs. This program is mainly focused on instructing supervisors and mid-level managers who are interested in enhancing their skills through graduate coursework.
The flexible program is offered partially or entirely online in 8-week course iterations. The program emphasizes advanced cost management accounting, information systems for managers, and the legal and social environment of business.
Prospective students are required to undergo an assessment to gauge their foundational knowledge; those who pass are exempted from foundational coursework. Chadron State College’s online MBA program costs about $5,352 for both in-state and out-of-state students.
5. Fayetteville State University
Fayetteville State University is also prominent for its affordable online MBA program, offering a flexible and accredited program with a variety of concentrations. As part of the UNC system, FSU provides online MBA students with access to world-class faculty and services.
The program offers 10 concentrations, including business intelligence and data analytics, finance, health care management, and project management, providing a tailored educational experience for diverse career aspirations.
Applicants with a bachelor’s degree from an accredited institution and a minimum GPA of 2.75 are welcome to apply, with GMAT/GRE waivers available under specific criteria. Fayetteville State University’s online MBA program costs about $5,730 for both in-state and out-of-state students.
6. Fitchburg State University
Fitchburg State University distinguishes itself as one of the top ten affordable online MBA programs, thanks to its economical tuition. The program is duly accredited by the International Accreditation Council for Business Education.
The online MBA program is a 30-credit program that can be completed in about 12 months. Applicants with a bachelor’s degree and a GPA of at least 2.8 are welcome to apply. This program does not require prospective students to submit GMAT or GRE scores for admission. Fitchburg State University’s online MBA program costs about $5,742 for both in-state and out-of-state students.
7. New Mexico State University
New Mexico State University offers one of the cheapest online MBA programs with a combination of affordability and rigorous coursework. This program holds accreditation from the Association to Advance Collegiate Schools of Business(AASCB).
Students can choose from concentrations in agribusiness, finance, information systems, and public utility regulation. This 36-credit program can be completed in two or three years depending on the mode of entry(full-time or part-time). New Mexico State University’s online MBA program costs about $5,753 for both in-state and out-of-state students.
8. Southeast Missouri State University
Southeast Missouri State University offers one of the top ten cheapest online MBA programs. The program features concentrations in general management, sport management, and health administration.
Admission is open to applicants with any bachelor’s degree from an accredited institution. There is a waiver for GMAT or GRE based on certain criteria. Southeast Missouri State University’s online MBA program costs about $5,959 for both in-state and out-of-state students.
9. University of the Cumberlands
The University of the Cumberlands offers a fully accredited online MBA program with career concentrations. The six concentration options include IT and health care. The program caters to students from all academic backgrounds, eliminating the need for an undergraduate business degree.
This program can be completed in four years. Prospective students are required to possess a minimum GPA requirement of 2.5. This program is accredited by the Robert W. Plaster Graduate School of Business. The University of the Cumberlands’ online MBA program costs about $5,970 for both in-state and out-of-state students.
10. Texas A & M University-Central Texas
Texas A&M University-Central Texas rounds out our list as one of the colleges that offer affordable online MBA programs. The curriculum for this program goes beyond core coursework to include areas of interest in high-demand fields.
This program allows students to tailor their coursework to suit their interests and career goals by offering specializations in computer information systems, human resource management, management, healthcare administration, and international business.
The affordable online MBA program offered at this college is accredited by the Accreditation Council for Business Schools and Programs and the Association to Advance Collegiate Schools of Business. Texas A&M University’s online MBA program costs about $6,026 for both in-state and out-of-state students.