100 Most Affordable MBA Programs in 2024

Most Affordable MBA Programs Offered On-Campus

The cost of getting an MBA differs wildly depending on the program you chose. Earning an MBA from the lowest-cost campus program in the U.S., The University of Rhode Island, will set you back only $7,048.00 if you live in-state. At this price, earning an advanced degree seems like an exceptional investment in your career.

A degree from country’s most expensive campus MBA program, Cornell University, will cost you $219,688.00. A Cornell University MBA degree will need to earn you a big jump in salary to pay for itself.

100 Most Affordable MBA Programs

Rank	University	In State Tuition	Out-of-State Tuition	Out-of-Country Tuition
1	The University of Rhode Island	$7,048	$34,750	-0
2	California State University, Bakersfield	$7,176	-0	-0
3	Indiana University South Bend	$7,458	$33,523	$33,512
3	Indiana University Northwest	$7,458	$34,292	-0
4	Indiana University Southeast	$7,458	$33,570	-0
6	McNeese State University	$8,879	$27,004	$34,884
7	University of Central Oklahoma	$9,068	$32,173	$32,173
8	Columbus State University	$9,087	$31,458	-0
9	University of the District of Columbia	$9,156	$10,238	-0
10	Savannah State University	$9,180	-0	-0
11	Southern Utah University	$9,212	-0	-0
12	Cal Poly Humboldt	$9,294	$14,256	-0
13	Tennessee State University	$9,452	$10,476	-0
14	Sonoma State University	$9,494	$15,866	$15,866
15	Georgia Southern University	$9,824	$42,370	-0
16	University of Idaho	$9,912	-0	-0
17	New Mexico State University	$10,314	$36,550	$36,550
18	Augusta University	$10,590	$22,140	-0
19	University of Louisiana at Monroe	$10,800	$36,650	$36,650
20	Northern Arizona University	$11,004	$24,484	-0
21	University of Houston-Victoria	$11,030	$29,404	$29,404
22	University of Central Arkansas	$11,239	$10,748	-0
23	San Francisco State University	$11,362	$24,366	-0
24	Brooklyn College of the City University of New York	$11,521	-0	-0
25	Stephen F. Austin State University	$11,630	$21,086	$21,086
25	Elizabeth City State University MBA	$11,630	-0	-0
27	North Carolina Central University	$11,978	$50,371	-0
28	California State University, East Bay	$12,036	$49,075	$49,075
29	Mississippi State University	$12,294	$31,698	$31,698
30	State University of New York at Geneseo	$12,295	-0	-0
31	Purdue University Northwest	$12,350	$48,500	$48,500
31	Purdue University Calumet	$12,350	$48,500	$48,000
33	University of West Florida	$12,460	$34,229	-0
34	Western Kentucky University	$12,600	$29,110	$29,110
35	Texas A&M University-Texarkana	$12,613	$11,001	$11,001
36	Central Connecticut State University	$12,848	$52,144	-0
37	Missouri Western State University	$12,893	$22,032	-0
38	Henderson State University	$13,040	$15,894	$15,894
39	State University of New York College at Plattsburgh	$13,121	-0	-0
40	Southeastern Louisiana University	$13,245	$31,869	$31,869
41	The University of Texas of the Permian Basin	$13,252	$12,836	$12,836
42	East Tennessee State University	$13,280	$53,172	$53,172
43	Angelo State University	$13,288	$25,288	-0
44	University of Nebraska at Kearney	$13,293	$20,918	$20,918
45	Idaho State University	$13,392	$39,333	-0
46	Florida Gulf Coast University	$13,428	$46,824	-0
47	Indiana University Kokomo	$13,563	$25,629	-0
48	Tarleton State University	$13,605	$27,375	-0
49	Pittsburg State University	$13,785	$28,980	$28,980
50	Governors State University	$13,788	$25,576	-0
50	Southern Arkansas University	$13,788	$15,870	-0
52	Southeast Missouri State University	$13,804	$19,784	$19,784
53	Arkansas Tech University	$13,909	$20,200	$20,200
54	University of Puerto Rico at Rio Piedras	$13,926	$8,650	$8,650
55	Arkansas State University	$13,935	$22,704	$22,704
56	North Carolina A&T State University	$13,938	$52,576	$52,576
57	Fayetteville State University	$13,956	$15,600	-0
57	Utah Valley University	$13,956	$50,328	-0
59	Western Carolina University	$13,967	$33,234	$33,234
60	Black Hills State University	$14,114	$23,026	-0
61	Midwestern State University	$14,174	$15,854	$15,854
62	University of South Carolina Upstate	$14,224	-0	-0
63	University of Montana	$14,260	$34,224	$34,224
64	Truman State University	$14,400	-0	-0
64	University of South Alabama	$14,400	$27,900	$27,900
66	University of Illinois at Springfield	$14,833	$28,417	$28,417
67	University of South Dakota	$14,892	$25,001	$25,001
68	University of South Florida	$14,955	$29,219	-0
69	Jackson State University	$15,000	$16,595	-0
70	Missouri State University	$15,108	$21,794	-0
71	University of West Georgia	$15,125	$34,950	$34,950
72	Western Illinois University	$15,231	$15,148	-0
73	Eastern Illinois University	$15,255	$29,235	$29,235
74	Texas Southern University	$15,316	$27,652	-0
75	University of Wisconsin-Parkside	$15,327	$25,023	$25,023
76	Jacksonville State University	$15,408	$26,400	-0
77	Delaware State University	$15,625	-0	-0
78	Methodist University	$15,660	-0	-0
79	Troy University	$15,675	$26,350	-0
80	Francis Marion University	$15,918	$31,551	-0
81	Radford University	$15,984	$32,076	$32,076
82	Lamar University	$16,000	$18,560	-0
83	Kansas State University	$16,049	$38,476	$38,476
84	Morgan State University	$16,095	$29,160	-0
85	University of Montevallo	$16,140	$30,480	$30,480
86	University of Alabama at Birmingham	$16,200	$38,376	$38,376
87	State University of New York at Oswego	$16,232	$38,355	$38,355
88	Lander University	$16,350	$16,350	$16,350
89	Murray State University	$16,455	$24,000	$24,000
90	Missouri University of Science and Technology	$16,488	$45,910	$45,910
91	Louisiana Tech University	$16,518	$25,980	-0
92	Fort Lewis College	$16,714	-0	-0
93	Frostburg State University	$16,740	$20,664	$20,664
94	Indiana University-Purdue University Fort Wayne	$16,756	$31,111	-0
95	Central Washington University	$16,841	-0	-0
96	State University of New York at Fredonia	$16,965	-0	-0
97	California State University, Dominguez Hills	$16,986	-0	-0
98	University of South Florida St. Petersburg	$17,000	$35,000	$38,643
98	Clayton State University	$17,000	$46,266	-0
100	University of Southern Mississippi	$17,131	$15,327	$15,327

If you notice any errors in the MBA program database, please contact us.

With such a wide range in price, there’s a degree program out there that will fit everyone’s budget. The average in-state tuition cost for an MBA program is $43,472.52. Use that as a starting point as you consider your options.

The table below shows the high, low and average tuition you’ll pay for an MBA degree depending on whether you qualify for in-state tuition at a public university, pay out-of-state tuition, or pay out-of-country tuition. As you navigate the data, keep in mind the following questions. Are you looking for the lowest cost program that meets your needs? Or a program that includes every bell and whistle on offer? Also, keep in mind that price is an important decision-making criteria when choosing where you’d like to study business, but not the only one.

Most Affordable MBA Programs Offered on-Campus

The table below list the ten most expensive U.S. MBA programs by their total tuition cost and the ten least expensive. What’s the difference in the education you’ll receive if you pay $100,000 or more in tuition for an MBA versus the  $43,472.52 average or less? The University of Washington at Tacoma’s Milgard School of Business – ranking as the 10^th least expensive business program in the U.S., is accredited by the AACSB. The University of Michigan’s Ross School, the 10^th most expensive MBA program, is accredited by the same board. In that sense, the programs both pursue excellence and continuous improvement in their degree programs.

Differences are more subtle. U of M totes alumni living in 103 countries across the globe, 244 companies recruiting on campus, 5,168 jobs posted for their students to apply for, and their faculty’s high ranking for research. Consider what most important to you in this degree—low price or some of these benefits that with a more expensive school.

Considering an Online MBA Option

With more than 327 online MBA degrees offered, you can find a program and concentration that fits your needs and work full time while earning your MBA. Many online MBA programs have reasonable tuition costs. The average online degree costs $34,054, a couple thousand dollars less than the average campus program. If an online program allows you to continue to work full time and pursue your degree, that saves one of the biggest costs you’d otherwise face—lost wages.

An online MBA program may offer an additional advantage—a concentration not available at an in-state MBA program near you. To learn more about tuition for online MBA programs, see our online MBA programs ranked by tuition.