100 Most Affordable MBA Programs in 2023

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., Augusta University, will set you back only $6,660.00 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, Columbia University, will cost you $170,330.00. A Columbia 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	Augusta University	$6,660	$22,140	-0
2	Fayetteville State University	$6,900	$15,600	-0
3	Lamar University	$8,432	$18,560	-0
4	Georgia College & State University	$8,640	$30,810	-0
5	University of Puerto Rico at Rio Piedras	$8,650	$8,650	$8,650
6	Columbus State University	$8,748	$31,458	-0
7	California State University, Chico	$8,800	$8,800	-0
8	University of the District of Columbia	$9,156	$10,238	-0
9	Tennessee State University	$9,276	$10,476	-0
10	Humboldt State University	$9,294	$14,256	-0
11	Elizabeth City State University	$9,876	-0	-0
12	Texas A&M University-Texarkana	$9,884	$11,001	$11,001
13	Northern Arizona University	$10,480	$24,484	-0
14	Valdosta State University	$10,677	$30,127	-0
15	University of Central Arkansas	$10,748	$10,748	-0
16	University of Nebraska at Kearney	$10,940	$20,918	$20,918
17	Louisiana State University in Shreveport	$11,070	$11,070	$11,070
17	Southern Arkansas University	$11,070	$15,870	-0
19	Southeast Missouri State University	$11,228	$19,784	$19,784
20	Stephen F. Austin State University	$11,270	$21,086	$21,086
21	West Texas A&M University	$11,315	$12,245	$22,000
22	Emporia State University	$11,326	$28,598	$28,598
23	Arkansas Tech University	$11,400	$20,200	$20,200
24	Eastern Washington University	$11,439	$26,568	-0
25	The University of Texas of the Permian Basin	$11,736	$12,836	$12,836
26	Indiana University Kokomo	$11,782	$25,629	-0
27	University of Southern Indiana	$11,783	$23,085	-0
28	Mississippi State University	$11,844	$31,698	$31,698
29	New Mexico State University	$11,851	$36,550	$36,550
30	Southeastern Oklahoma State University	$11,880	$22,074	$22,074
31	Texas A&M University-Kingsville	$12,000	$23,000	$23,000
32	Texas A&M University-Corpus Christi	$12,314	$26,736	$26,736
33	University of Southern Mississippi	$12,327	$15,327	$15,327
34	University of West Georgia	$12,365	$34,950	$34,950
35	University of West Florida	$12,461	$34,229	-0
36	Missouri State University	$12,488	$21,794	-0
37	Henderson State University	$12,562	$15,894	$15,894
38	University of Wisconsin-Parkside	$12,663	$25,023	$25,023
39	Pittsburg State University	$12,732	$28,980	$28,980
40	Middle Tennessee State University	$12,748	$31,350	$31,350
41	Black Hills State University	$12,946	$23,026	-0
42	Dalton State College	$12,956	-0	-0
43	Texas A&M University-Commerce	$12,985	$25,255	$25,255
44	Southeastern Louisiana University	$13,152	$31,869	$31,869
45	Troy University	$13,175	$26,350	-0
46	Jacksonville State University	$13,200	$26,400	-0
47	Clayton State University	$13,266	$46,266	-0
48	Angelo State University	$13,288	$25,288	-0
49	Tennessee Technological University	$13,401	$37,197	-0
50	Texas A&M International University	$13,409	$27,407	-0
51	Missouri Western State University	$13,422	$22,032	-0
52	Florida Gulf Coast University	$13,442	$46,824	-0
53	Youngstown State University	$13,500	$13,650	-0
54	Arkansas State University	$13,563	$22,704	$22,704
55	University of North Alabama	$13,600	$26,180	-0
56	Northeastern Illinois University	$13,603	$27,205	-0
57	Tarleton State University	$13,605	$27,375	-0
58	University of New Orleans	$13,658	$20,517	$26,157
59	Midwestern State University	$13,709	$15,854	$15,854
60	University of Montana	$13,718	$34,224	$34,224
61	Governors State University	$13,788	$25,576	-0
62	Auburn University at Montgomery	$13,907	$28,710	$28,710
63	University of South Alabama	$13,950	$27,900	$27,900
64	University of Alaska Fairbanks	$13,980	$29,370	-0
65	Idaho State University	$14,079	$39,333	-0
66	University of South Carolina Aiken	$14,085	$14,085	$14,085
67	Texas Southern University	$14,260	$27,652	-0
68	Oklahoma State University	$14,405	$35,720	-0
69	The University of North Carolina at Pembroke	$14,563	$38,689	$38,689
70	Jackson State University	$14,595	$16,595	-0
71	University of Alaska Anchorage	$14,670	$30,840	-0
72	University of South Dakota	$14,747	$25,001	$25,001
73	Morgan State University	$14,832	$29,160	-0
74	University of Nebraska at Omaha	$14,897	$32,189	-0
75	University of South Florida	$14,955	$29,219	-0
76	Eastern Illinois University	$14,998	$29,235	$29,235
77	University at Albany, State University of New York	$15,000	$24,390	$50,266
78	Western Illinois University	$15,148	$15,148	-0
79	Indiana University Northwest	$15,286	$34,292	-0
80	Truman State University	$15,314	-0	-0
81	Indiana University-Purdue University Fort Wayne	$15,534	$31,111	-0
82	University of Montevallo	$15,540	$30,480	$30,480
83	Salisbury University	$15,600	$25,620	$25,620
84	Prairie View A&M University	$15,702	$34,142	-0
85	Sonoma State University	$15,866	$15,866	$15,866
86	Southern University at New Orleans	$15,900	-0	-0
87	San Francisco State University	$16,098	$24,366	-0
88	Indiana University South Bend	$16,106	$33,523	$33,512
89	University of Alabama at Birmingham	$16,200	$38,376	$38,376
89	Frostburg State University	$16,200	$20,664	$20,664
91	Western Carolina University	$16,273	$33,234	$33,234
92	Indiana University Southeast	$16,302	$33,570	-0
93	Murray State University	$16,320	$24,000	$24,000
94	University of South Florida, Sarasota-Manatee	$16,337	$32,384	-0
95	Lander University	$16,350	$16,350	$16,350
96	Francis Marion University	$16,407	$31,551	-0
97	Oklahoma State University	$16,464	$39,718	-0
98	Louisiana Tech University	$16,518	$25,980	-0
99	University of Arkansas at Little Rock	$16,681	$30,901	$30,901
100	University of Wisconsin-Eau Claire	$16,736	-0	-0

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 $39,291.07. 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  $39,291.07 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 324 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.