$38,871

Average Tuition

$79,445

Average Starting Salary

550

Average GMAT Scores

288

Average Student Enrollment

Online July 1, 2024, we released our awards for the Most Affordable and Value-Packed MBA Programs in each state. These programs stand out for their accreditation, high return on investment (ROI), and quality education. Our ranking methodology considers factors such as tuition costs, average alumni salaries, program reputation, and student satisfaction scores.

Notable standouts include Georgia Southwestern State University, which offers one of the most economical AACSB-accredited online MBA programs, and Florida Gulf Coast University, known for its excellent ROI. Other top contenders include University of Southern Indiana Romain College of Business, the University of Arizona and La Salle University in Pennsylvania both recognized for their strong online MBA offerings. These programs demonstrate that it’s possible to obtain a high-quality MBA education without incurring excessive debt, providing students with valuable and employment-ready skills.

What is the Average Cost of an Online MBA Degree in 2024?

The average tuition cost for an Online MBA degree in the is $38,871.23. The cost of getting an MBA differs wildly depending on the program you chose. Earning an MBA from one of our highest rated, yet lowest-cost online program is California State University, Bakersfield, will set you back only $7,176.00

Many online MBA programs offer the same tuition for in-state and out-of-state students. So look for these distinctions in our state-by-state reviews below. as you this price, earning an advanced degree seems like an exceptional investment in your career.

A degree from country’s most expensive online MBA program, Duke University, will cost you $157,546.00.

You can check on the ROIs of MBA programs. Cost will vary by type, concentration as well as as the state you live in.

State-by-State Most Affordable MBA Programs and Reviews

Top 100 Most Affordable, Value Packed Online MBA Programs

Rank University In State TuitionROIAvg. Starting SalaryStateOnline
1 California State University, Bakersfield $7,176 547.66% $78,600CAYes
2 Indiana University Southeast $7,458 433.43% $64,650INYes
2 Indiana University South Bend $7,458 404.26% $60,300INYes
3 Indiana University Northwest $7,458 502.82% $75,000INYes
5 McNeese State University $8,879 267.77% $47,550LAYes
6 University of Central Oklahoma $9,068 344.07% $62,400OKYes
7 Columbus State University $9,087 407.18% $74,000GAYes
8 Savannah State University $9,180 413.81% $75,976GAYes
9 Southern Utah University $9,212 292.01% $53,800UTYes
10 Tennessee State University $9,452 566.59% $107,108TNYes
11 Georgia Southern University $9,824 357.29% $70,200GAYes
12 University of Idaho $9,912 386.65% $76,650IDYes
13 New Mexico State University $10,314 356.31% $73,500NMYes
14 Augusta University $10,590 296.51% $62,800GAYes
15 University of Louisiana at Monroe $10,800 251.39% $54,300LAYes
16 Northern Arizona University $11,004 309.43% $68,100AZYes
17 University of Houston-Victoria $11,030 342.25% $75,500TXYes
18 University of Central Arkansas $11,239 238.90% $53,700ARYes
19 Brooklyn College of the City University of New York $11,521 250.41% $57,700NYYes
20 Stephen F. Austin State University $11,630 283.53% $65,950TXYes
21 North Carolina Central University $11,978 201.62% $48,300NCYes
22 California State University, East Bay $12,036 318.21% $76,600CAYes
23 Mississippi State University $12,294 372.54% $91,600MSYes
24 Purdue University Northwest $12,350 352.63% $87,100INYes
24 Purdue University Calumet $12,350 352.63% $87,100INYes
26 University of West Florida $12,460 229.53% $57,200FLYes
27 Western Kentucky University $12,600 246.03% $62,000KYYes
28 Texas A&M University-Texarkana $12,613 458.20% $115,585TXYes
29 Missouri Western State University $12,893 200.69% $51,750MOYes
30 Henderson State University $13,040 228.14% $59,500ARYes
31 Southeastern Louisiana University $13,245 180.82% $47,900LAYes
32 The University of Texas of the Permian Basin $13,252 290.52% $77,000TXYes
33 East Tennessee State University $13,280 197.29% $52,400TNYes
34 University of Nebraska at Kearney $13,293 275.14% $73,150NEYes
35 Idaho State University $13,392 259.86% $69,600IDYes
36 Florida Gulf Coast University $13,428 222.30% $59,700FLYes
37 Pittsburg State University $13,785 190.79% $52,600KSYes
38 Southern Arkansas University $13,788 268.35% $74,000ARYes
38 Governors State University $13,788 267.99% $73,900ILYes
40 Southeast Missouri State University $13,804 215.16% $59,400MOYes
41 Arkansas Tech University $13,909 159.07% $44,250ARYes
42 Arkansas State University $13,935 223.18% $62,200ARYes
43 North Carolina A&T State University $13,938 385.02% $107,327NCYes
44 Fayetteville State University $13,956 194.54% $54,300NCYes
44 Utah Valley University $13,956 271.21% $75,700UTYes
46 Western Carolina University $13,967 157.87% $44,100NCYes
47 Black Hills State University $14,114 186.52% $52,650SDYes
48 Midwestern State University $14,174 186.51% $52,872TXYes
49 University of South Carolina Upstate $14,224 261.19% $74,302SCYes
50 University of Montana $14,260 312.06% $89,000MTYes
51 University of South Alabama $14,400 170.83% $49,200ALYes
52 University of Illinois at Springfield $14,833 230.23% $68,300ILYes
53 University of South Dakota $14,892 159.66% $47,553SDYes
54 University of South Florida $14,955 186.27% $55,714FLYes
55 Jackson State University $15,000 186.33% $55,900MSYes
56 Missouri State University $15,108 206.51% $62,400MOYes
57 University of West Georgia $15,125 197.69% $59,800GAYes
58 Western Illinois University $15,231 222.57% $67,800ILYes
59 Eastern Illinois University $15,255 197.31% $60,200ILYes
60 Texas Southern University $15,316 189.02% $57,900TXYes
61 University of Wisconsin-Parkside $15,327 206.99% $63,450WIYes
62 Jacksonville State University $15,408 310.13% $95,570ALYes
63 Delaware State University $15,625 148.16% $46,300DEYes
64 Francis Marion University $15,918 133.81% $42,600SCYes
65 Radford University $15,984 286.54% $91,600VAYes
66 Lamar University $16,000 198.75% $63,600TXYes
67 Kansas State University $16,049 241.60% $77,550KSYes
68 Morgan State University $16,095 248.52% $80,000MDYes
69 University of Montevallo $16,140 191.91% $61,950ALYes
70 University of Alabama at Birmingham $16,200 231.48% $75,000ALYes
71 State University of New York at Oswego $16,232 192.21% $62,400NYYes
72 Lander University $16,350 155.05% $50,700SCYes
73 Murray State University $16,455 274.75% $90,419KYYes
74 Missouri University of Science and Technology $16,488 220.16% $72,600MOYes
75 Louisiana Tech University $16,518 141.58% $46,771LAYes
76 Frostburg State University $16,740 250.00% $83,700MDYes
77 Indiana University-Purdue University Fort Wayne $16,756 230.96% $77,400INYes
78 California State University, Dominguez Hills $16,986 242.55% $82,400CAYes
79 University of South Florida St. Petersburg $17,000 213.24% $72,500FLYes
79 Clayton State University $17,000 170.00% $57,800GAYes
81 University of Southern Mississippi $17,131 181.83% $62,300MSYes
82 Appalachian State University $17,463 181.20% $63,285NCYes
83 University of Nebraska at Omaha $17,493 254.96% $89,200NEYes
84 University of Massachusetts Dartmouth $17,578 252.09% $88,625MAYes
85 The University of Texas Rio Grande Valley $17,745 184.84% $65,600TXYes
86 University of North Florida $17,767 174.52% $62,014FLYes
87 Grand Canyon University $17,800 248.31% $88,400AZYes
88 University of North Alabama $17,820 168.35% $60,000ALYes
89 The University of Akron $17,872 171.78% $61,400OHYes
90 Texas A&M University-Corpus Christi $17,997 166.69% $60,000TXYes
91 University of Arkansas at Little Rock $18,071 175.14% $63,300ARYes
92 East Carolina University $18,072 170.43% $61,600NCYes
93 Coastal Carolina University $18,460 142.20% $52,500SCYes
94 University of Houston-Downtown $18,623 220.89% $82,273TXYes
95 Kutztown University $18,692 159.69% $59,700PAYes
96 Florida State University $18,693 151.25% $56,545FLYes
97 Wichita State University $18,849 173.22% $65,300KSYes
98 University of Nevada, Reno $19,000 217.57% $82,677NVYes
98 Kennesaw State University $19,000 189.47% $72,000GAYes
99 Indiana State University $19,000 263.16% $100,000INYes
101 Colorado Mesa University $19,155 261.55% $100,200COYes
102 Marshall University $19,170 146.58% $56,200WVYes
103 Oklahoma State University $19,295 189.95% $73,300OKYes
103 Oklahoma State University $19,295 170.06% $65,626OKYes
105 Northern Kentucky University $19,443 204.70% $79,600KYYes
106 University of Mary Washington $19,476 230.28% $89,700VAYes
107 University of Massachusetts Boston $19,499 318.68% $124,277MAYes
108 University of Maine $19,500 224.45% $87,535MEYes
109 Kent State University $19,908 131.45% $52,337OHYes
110 University of New Orleans $20,128 171.65% $69,100LAYes
111 University of Southern Maine $20,370 214.86% $87,535MEYes
112 The University of Texas at El Paso $20,634 128.19% $52,900TXYes
113 West Texas A&M University $20,725 188.18% $78,000TXYes
114 University of Alaska Fairbanks $20,772 215.37% $89,474AKYes
115 Salisbury University $20,792 143.56% $59,700MDYes
116 University of Houston-Clear Lake $20,892 164.90% $68,900TXYes
117 Berry College $21,000 128.21% $53,850GAYes
118 North Dakota State University $21,022 130.82% $55,000NDYes
119 Ball State University $21,197 180.21% $76,400INYes
120 Ohio University $21,438 115.68% $49,598OHYes
121 University of Alabama in Huntsville $21,483 165.25% $71,000ALYes
122 Saginaw Valley State University $21,649 236.62% $102,450MIYes
123 University of Nevada, Las Vegas $21,784 215.34% $93,820NVYes
124 The Citadel $21,830 267.29% $116,700SCYes
125 Boise State University $21,932 162.06% $71,088IDYes
126 Southern Illinois University Carbondale $21,972 135.63% $59,600ILYes
127 Winston-Salem State University $22,248 104.17% $46,350NCYes
128 The University of Texas at Arlington $22,504 175.08% $78,800TXYes
129 Valdosta State University $22,870 139.92% $64,000GAYes
130 Georgia College & State University $22,970 156.29% $71,800GAYes
131 Texas State University $23,365 331.69% $155,000TXYes
132 The University of Iowa $23,453 240.52% $112,820IAYes
133 University of Toledo $23,506 155.92% $73,300OHYes
134 The University of Memphis $23,688 157.89% $74,800TNYes
135 Prairie View A&M University $23,699 127.64% $60,500TXYes
136 Drury University $23,760 125.00% $59,400MOYes
137 William Paterson University $23,820 147.98% $70,500NJYes
138 University of Cincinnati $23,996 181.31% $87,013OHYes
139 Towson University $24,084 143.56% $69,150MDYes
140 Rockhurst University $24,150 143.69% $69,400MOYes
141 Colorado State University-Pueblo $24,168 102.41% $49,500COYes
142 West Virginia University $24,273 127.40% $61,847WVYes
143 Northeastern Illinois University $24,367 152.56% $74,350ILYes
144 The University of Texas at San Antonio $24,512 159.11% $78,000TXYes
145 California State University, Stanislaus $24,938 147.97% $73,800CAYes
146 Virginia State University $24,978 117.90% $58,900VAYes
147 The University of North Carolina at Greensboro $25,000 140.20% $70,100NCYes
148 California State University, Sacramento $25,260 150.44% $76,000CAYes
149 Slippery Rock University $25,318 120.67% $61,100PAYes
150 Norfolk State University $25,380 93.18% $47,300VAYes
151 Clarion University of Pennsylvania $25,637 190.35% $97,600PAYes
152 University of Tennessee at Chattanooga $25,788 153.26% $79,043TNYes
153 Abilene Christian University $25,800 120.93% $62,400TXYes
154 The University of Mississippi $25,914 117.65% $60,977MSYes
155 Northern Illinois University $26,096 178.95% $93,400ILYes
156 University of Massachusetts Lowell $26,127 146.59% $76,600MAYes
157 Minnesota State University Moorhead $26,220 162.09% $85,000MNYes
158 University of Wyoming $26,460 175.76% $93,010WYYes
159 University of Florida $26,473 221.35% $117,197FLYes
160 University of South Carolina $26,485 182.06% $96,435SCYes
161 Woodbury University $26,510 113.54% $60,200CAYes
162 Middle Tennessee State University $26,712 166.59% $89,000TNYes
163 The University of New Mexico $26,725 114.13% $61,000NMYes
164 University of Missouri-St. Louis $27,000 167.57% $90,489MOYes
164 California State University, Fresno $27,000 163.89% $88,500CAYes
166 Oklahoma City University $27,175 149.03% $81,000OKYes
167 La Salle University $27,200 124.54% $67,750PAYes
167 Bowling Green State University $27,200 98.99% $53,853OHYes
169 University of Wisconsin-River Falls $27,216 134.66% $73,300WIYes
170 Central Michigan University $27,300 172.80% $94,350MIYes
171 Auburn University $27,385 141.74% $77,633ALYes
172 Wayne State University $27,472 134.58% $73,946MIYes
173 University of Colorado Colorado Springs $27,648 128.40% $71,000COYes
174 University of Detroit Mercy $28,050 129.95% $72,900MIYes
175 Wright State University $28,080 204.77% $115,000OHYes
176 Texas Tech University $28,155 118.48% $66,717TXYes
177 College of Charleston $28,204 124.65% $70,314SCYes
178 University of Wisconsin-Stevens Point $28,224 103.37% $58,350WIYes
179 The University of Alabama $28,377 130.49% $74,060ALYes
180 Auburn University at Montgomery $28,593 109.64% $62,700ALYes
181 Northern Michigan University $28,866 85.74% $49,500MIYes
181 Northwestern State University of Louisiana $28,866 83.40% $48,150LAYes
183 Southern University at New Orleans $28,884 97.63% $56,400LAYes
184 St. Cloud State University $28,969 141.19% $81,800MNYes
185 Mercer University-Macon and Atlanta Campuses $28,980 142.31% $82,485GAYes
186 Winthrop University $29,000 103.45% $60,000SCYes
187 Indiana University of Pennsylvania $29,001 109.65% $63,600PAYes
188 University of Wisconsin Oshkosh $29,168 149.82% $87,400WIYes
189 Western Michigan University $29,377 161.69% $95,000MIYes
190 Iowa State University $29,966 126.06% $75,552IAYes
191 Grand Valley State University $30,024 126.90% $76,200MIYes
191 Oakland University $30,024 143.72% $86,300MIYes
193 University of Hartford $30,168 156.62% $94,500CTYes
194 The University of Georgia $30,606 196.87% $120,510GAYes
195 Philadelphia University $30,744 106.52% $65,500PAYes
196 Valparaiso University $30,780 105.33% $64,840INYes
197 University of Louisiana at Lafayette $31,281 81.84% $51,200LAYes
198 Jacksonville University $31,500 205.82% $129,665FLYes
199 Old Dominion University $31,564 120.07% $75,800VAYes
200 University of Vermont $31,878 103.52% $66,000VTYes
201 The Pennsylvania State University at Harrisburg $31,962 158.63% $101,400PAYes
202 University of Louisville $32,000 85.79% $54,903KYYes
203 Dominican University $32,004 176.54% $113,000ILYes
204 John Carroll University $32,356 100.45% $65,000OHYes
205 Bellarmine University $32,495 84.24% $54,750KYYes
206 University of Kansas $32,701 105.16% $68,780KSYes
207 University of Wisconsin-Milwaukee $32,769 103.60% $67,900WIYes
208 Stockton University $33,012 72.25% $47,700NJYes
209 Creighton University $33,234 97.79% $65,000NEYes
210 Samford University $33,264 87.78% $58,400ALYes
211 University of Oklahoma $33,306 144.42% $96,200OKYes
211 University of Oklahoma $33,306 122.79% $81,793OKYes
213 University of Dayton $33,600 163.59% $109,932OHYes
214 University of Massachusetts Amherst $33,622 165.41% $111,227MAYes
215 University of Illinois at Urbana-Champaign $33,772 145.83% $98,500ILYes
216 Meredith College $33,990 117.09% $79,600NCYes
217 Florida Southern College $34,155 124.07% $84,749FLYes
218 Virginia Commonwealth University $34,172 120.32% $82,232VAYes
219 Xavier University $34,200 128.80% $88,100OHYes
220 Shippensburg University $34,380 100.79% $69,300PAYes
221 Whitworth University $34,560 92.66% $64,050WAYes
222 Michigan State University $34,564 172.92% $119,539MIYes
223 Eastern Michigan University $34,616 133.03% $92,100MIYes
224 Montclair State University $34,669 133.26% $92,400NJYes
225 University of Scranton $34,740 118.16% $82,100PAYes
226 SUNY University at Albany $34,750 114.55% $79,615NYYes
226 University at Albany, State University of New York $34,750 114.55% $79,615NYYes
228 University of St. Thomas-Houston $35,000 113.39% $79,371TXYes
229 Clark Atlanta University $35,028 138.96% $97,350GAYes
230 University of Baltimore $35,128 110.17% $77,400MDYes
231 Barry University $35,640 77.72% $55,400FLYes
232 Loyola University New Orleans $35,700 77.44% $55,290LAYes
233 University at Buffalo, State University of New York $35,716 99.31% $70,938NYYes
234 Bradley University $35,740 80.37% $57,450ILYes
235 Sacred Heart University $35,840 109.24% $78,300CTYes
236 The University of Texas at Dallas $35,918 171.45% $123,163TXYes
237 Utah State University $36,000 118.06% $85,000UTYes
237 Western New England University $36,000 105.97% $76,300MAYes
238 Florida Atlantic University $36,000 108.64% $78,220FLYes
240 Widener University $36,102 106.09% $76,600PAYes
241 Georgia State University $36,522 128.14% $93,600GAYes
242 St. Mary's University $37,061 77.71% $57,600TXYes
243 Baruch College-The City University of New York $37,338 158.86% $118,633NYYes
244 St. Bonaventure University $37,380 80.12% $59,900NYYes
245 Nova Southeastern University $37,722 120.30% $90,756FLYes
246 George Mason University $37,737 145.88% $110,100VAYes
247 University of North Carolina at Charlotte $37,946 111.03% $84,260NCYes
248 Rider University $38,160 109.54% $83,600NJYes
249 University at Buffalo $38,358 94.50% $72,500NYYes
250 Fairleigh Dickinson University $38,520 106.31% $81,900NJYes
251 Stetson University $38,700 85.27% $66,000FLYes
252 University of Tennessee at Knoxville $38,875 130.42% $101,400TNYes
253 South Carolina State University $38,880 55.56% $43,200SCYes
254 Saint Xavier University $38,961 123.59% $96,302ILYes
255 University of Central Florida $39,000 96.41% $75,200FLYes
255 Butler University $39,000 75.64% $59,000INYes
257 Gonzaga University $39,270 115.55% $90,753WAYes
257 San Jose State University $39,270 115.61% $90,800CAYes
259 Alfred University $39,500 73.29% $57,900NYYes
260 University of New Haven $39,770 81.22% $64,600CTYes
261 University of Delaware $39,954 102.62% $82,000DEYes
262 Saint Mary's College of California $40,608 144.31% $117,200CAYes
263 Niagara University $40,800 73.16% $59,700NYYes
264 Nicholls State University $40,812 69.39% $56,641LAYes
265 University of New Hampshire $41,182 80.94% $66,667NHYes
266 California State University, San Bernardino $41,500 91.81% $76,200CAYes
267 Fairfield University $41,580 77.92% $64,800CTYes
268 Canisius College $41,880 67.23% $56,315NYYes
269 Queens University of Charlotte $41,940 105.03% $88,100NCYes
270 College of William and Mary $42,000 133.33% $112,000VAYes
270 Florida International University $42,000 73.95% $62,115FLYes
272 Bryant University $42,180 89.40% $75,417RIYes
273 The Pennsylvania State University Great Valley School of Graduate Professional Studies $42,316 150.06% $127,000PAYes
274 Colorado State University $42,480 110.99% $94,300COYes
275 Saint Joseph's University $42,912 107.20% $92,000PAYes
276 Clemson University $43,088 91.40% $78,767SCYes
277 University of Connecticut $44,100 115.08% $101,501CTYes
278 California State University, Fullerton $44,550 91.47% $81,500CAYes
279 California State University, Long Beach $45,600 78.76% $71,833CAYes
280 University of Dallas $45,900 95.86% $88,000TXYes
281 Marquette University $46,620 97.28% $90,700WIYes
282 St. John Fisher College $46,836 60.79% $56,947NYYes
283 Ramapo College of New Jersey $46,892 105.67% $99,100NJYes
284 University of Houston $47,000 91.36% $85,878TXYes
285 University of Colorado Denver $47,102 114.91% $108,246COYes
286 Manhattan College $48,970 67.98% $66,575NYYes
287 Michigan Technological University $49,294 87.18% $85,950MIYes
288 Iona University $49,940 68.78% $68,700NYYes
289 The College of New Jersey $50,482 89.14% $90,000NJYes
290 Louisiana State University $50,486 63.52% $64,142LAYes
291 Portland State University $50,984 76.75% $78,264ORYes
292 The University of Michigan-Dearborn $50,997 91.38% $93,200MIYes
293 The University of Tulsa $51,516 81.24% $83,700OKYes
294 Quinnipiac University $52,015 70.17% $73,000CTYes
295 Oregon State University $52,090 72.85% $75,900ORYes
296 University of North Texas $52,268 69.40% $72,545TXYes
297 Seattle University $53,130 81.87% $87,000WAYes
298 Long Island University-Post Campus $53,454 61.36% $65,600NYYes
299 Tennessee Technological University $54,000 61.85% $66,800TNYes
300 New York Institute of Technology $55,440 76.28% $84,580NYYes
301 North Carolina State University $55,732 85.77% $95,606NCYes
302 The University of Arizona $56,250 95.42% $107,345AZYes
303 Duquesne University $57,090 67.66% $77,253PAYes
304 University of Pittsburgh $57,195 90.01% $102,965PAYes
305 Seton Hall University $57,225 68.22% $78,081NJYes
306 Rutgers-The State University of New Jersey-Newark/New Brunswick $58,442 97.36% $113,800NJYes
307 Hofstra University $58,960 93.71% $110,500NYYes
308 Clarkson University $59,032 59.30% $70,017NYYes
309 Clark University $59,080 51.94% $61,367MAYes
310 Drexel University $59,241 73.48% $87,061PAYes
311 Suffolk University $59,391 67.73% $80,455MAYes
312 Loyola University Maryland $59,950 50.19% $60,182MDYes
313 Villanova University $60,000 97.33% $116,800PAYes
313 Temple University $60,000 79.99% $95,989PAYes
315 University of Illinois at Chicago $60,264 139.37% $167,977ILYes
316 Indiana University Bloomington/Indianapolis $60,858 112.02% $136,352INYes
317 The Pennsylvania State University at Erie The Behrend College $60,972 78.40% $95,600PAYes
318 The Pennsylvania State University $61,236 93.48% $114,483PAYes
319 Arizona State University $61,354 101.59% $124,664AZYes
320 Texas A&M University $62,000 93.21% $115,585TXYes
321 Indiana University Bloomington $62,688 93.64% $117,400INYes
322 University of Utah $65,700 88.54% $116,348UTYes
323 New Jersey Institute of Technology $66,576 74.73% $99,501NJYes
324 Bentley University $67,080 64.72% $86,822MAYes
325 Monmouth University $67,152 47.65% $64,000NJYes
326 Syracuse University $67,392 63.61% $85,731NYYes
327 Fairleigh Dickinson University $67,468 60.70% $81,900NJYes
328 Illinois Institute of Technology $67,690 60.83% $82,352ILYes
329 Lehigh University $68,900 69.45% $95,699PAYes
330 Howard University $71,204 89.34% $127,223DCYes
331 The University of Michigan-Flint $73,328 48.69% $71,400MIYes
332 Loyola University Chicago $73,375 60.65% $89,000ILYes
333 Adelphi University $75,420 49.72% $75,000NYYes
334 James Madison University $75,600 60.91% $92,100VAYes
335 Wake Forest University $79,975 48.64% $77,800NCYes
336 Stevens Institute of Technology $81,880 52.15% $85,398NJYes
337 St. John's University $83,205 37.63% $62,619NYYes
338 Lawrence Technological University $83,400 49.46% $82,499MIYes
339 Santa Clara University $83,860 72.74% $122,000CAYes
340 Hult International Business School $85,000 60.55% $102,928MAYes
341 Baylor University $85,692 46.20% $79,176TXYes
342 University of California, Davis $88,634 61.53% $109,075CAYes
343 University of Minnesota $89,402 68.17% $121,882MNYes
344 Babson College $89,550 60.69% $108,703MAYes
345 Yeshiva University $90,984 62.22% $113,214NYYes
346 Case Western Reserve University $92,040 52.08% $95,875OHYes
347 University of Miami $92,290 59.35% $109,555FLYes
348 University of Denver $96,638 50.85% $98,276COYes
349 University of California, Irvine $97,342 63.13% $122,899CAYes
350 American University $98,282 53.76% $105,666DCYes
351 University of Maryland $98,865 61.25% $121,103MDYes
352 Fordham University $99,497 64.08% $127,511NYYes
353 Southern Methodist University $100,541 60.97% $122,609TXYes
354 The University of North Carolina at Chapel Hill $102,314 65.25% $133,517NCYes
355 Northeastern University $102,582 48.77% $100,063MAYes
356 Pepperdine University $104,333 42.78% $89,258CAYes
357 The Ohio State University $106,123 50.31% $106,779OHYes
358 The University of Tampa $107,114 30.70% $65,758FLYes
359 Rochester Institute of Technology $108,352 29.90% $64,800NYYes
360 The George Washington University $113,090 51.26% $115,951DCYes
361 Texas Christian University $115,380 46.60% $107,543TXYes
362 Tulane University $116,040 41.90% $97,241LAYes
363 Pace University $116,744 30.66% $71,590NYYes
364 Boston University $124,248 48.65% $120,884MAYes
365 Georgetown University $124,814 55.50% $138,552DCYes
366 Johns Hopkins University $133,000 47.76% $127,044MDYes
367 Washington University in St. Louis $134,020 43.91% $117,687MOYes
368 Miami University $136,342 34.00% $92,700OHYes
369 The University of Michigan $137,056 55.99% $153,465MIYes
370 Rice University $139,081 51.13% $142,212TXYes
371 Carnegie Mellon University $147,456 50.21% $148,067PAYes
372 University of Virginia-Darden $151,200 51.95% $157,090VAYes
373 Emory University $151,689 49.36% $149,759GAYes
374 University of Southern California $154,339 48.70% $150,314CAYes
375 Duke University $157,546 48.33% $152,297NCYes

25 Most Expensive Online MBA Programs

  1. Duke University - $157,546.00
  2. University of Southern California - $154,339.00
  3. Emory University - $151,689.00
  4. University of Virginia-Darden - $151,200.00
  5. Carnegie Mellon University - $147,456.00
  6. Rice University - $139,081.00
  7. The University of Michigan - $137,056.00
  8. Miami University - $136,342.00
  9. Washington University in St. Louis - $134,020.00
  10. Johns Hopkins University - $133,000.00
  11. Georgetown University - $124,814.00
  12. Boston University - $124,248.00
  13. Pace University - $116,744.00
  14. Tulane University - $116,040.00
  15. Texas Christian University - $115,380.00
  16. The George Washington University - $113,090.00
  17. Rochester Institute of Technology - $108,352.00
  18. The University of Tampa - $107,114.00
  19. The Ohio State University - $106,123.00
  20. Pepperdine University - $104,333.00
  21. Northeastern University - $102,582.00
  22. The University of North Carolina at Chapel Hill - $102,314.00
  23. Southern Methodist University - $100,541.00
  24. Fordham University - $99,497.00
  25. University of Maryland - $98,865.00

The Growth and Affordability of Online MBA Programs

The growth of online MBA programs can be attributed to several factors, including advancements in technology, increased demand for flexible learning options, and the recognition of online degrees by employers. As more universities and business schools develop high-quality, accredited online programs, the affordability and accessibility of MBA education have improved significantly.

Affordable online MBA programs offer a variety of benefits, such as:

  • Lower tuition fees compared to traditional campus-based programs
  • The ability to maintain employment while studying, reducing financial strain
  • Savings on housing and transportation costs
  • Flexible schedules that accommodate work and personal commitments

Despite the lower costs, online MBA programs can still deliver a rigorous and comprehensive curriculum, preparing graduates for leadership roles in various industries. By offering an affordable alternative to traditional MBA programs, online degrees have expanded access to higher education and enabled more individuals to enhance their career prospects.

The Typical Cost of Online vs. Traditional MBA Programs

Comparing costs between traditional campus MBA programs and online versions is more than a matter of tuition. Several elements come into play when you consider the entire financial picture.

Cost of Campus MBA Programs

Traditional, on-campus MBA programs come with a hefty price tag. In many cases, tuition alone can reach upwards of $60,000 to $100,000 for top-rated universities. But it’s crucial to consider more than just tuition. Other expenses often overlooked include:

  • Housing: Many MBA students relocate for their programs, incurring the cost of rent and utilities.
  • Commuting: Depending on the campus’s location, students might also face commuting expenses.
  • Books and Materials: Textbooks and other necessary materials can add up quickly.

Here’s a snapshot:

ExpenseAverage Cost (Annual)
Tuition$30,000 – $50,000
Housing$10,000 – $20,000
Commuting$1,000 – $2,000
Books & Materials$1,500 – $3,000

Costs of Online MBA Programs

In contrast, online MBA programs offer a significantly more affordable alternative. For many, the elimination of associated costs like housing and commuting makes a compelling argument.

Here’s what to consider:

  • Tuition: Online MBA programs vary in price, with a range typically between $10,000 and $30,000.
  • Technology: Online students need reliable internet and up-to-date computer equipment.
  • Books and Materials: Digital resources can cut down costs, but some expenses remain.

A comparative table provides a clearer picture:

ExpenseAverage Cost (Annual)
Tuition$10,000 – $30,000
Technology$500 – $1,000
Books & Materials$500 – $1,500

Understanding the typical costs of online and traditional MBA programs is the first step towards making an informed decision about your education and future.

Why Online MBA Programs Can Be More Affordable

Online MBA programs have gained popularity in recent years, not only for their flexibility and convenience but also for their affordability. There are several reasons why online MBA programs can be more affordable than traditional campus-based programs:

Lower Tuition Fees

Online MBA programs often have lower tuition fees compared to traditional programs. As online courses require fewer resources and facilities, universities and business schools can pass these cost savings on to students.

No Relocation or Commuting Expenses

With online MBA programs, students can study from the comfort of their homes, eliminating the need to relocate or commute to a campus. This results in significant savings on:

  • Housing expenses
  • Transportation costs
  • Daily living expenses

Reduced Associated Costs

Online MBA programs typically have fewer associated costs, such as:

  • Campus fees
  • Facility charges
  • Course materials (as they are often provided in digital format)

Flexibility to Maintain Employment

Online MBA programs allow students to continue working while pursuing their degrees, which can help offset the cost of education. This flexibility enables students to maintain a steady income and avoid the financial strain associated with full-time campus programs.

Expense CategoryOnline MBA ProgramsTraditional MBA Programs
Tuition FeesLowerHigher
Housing ExpensesNoneApplicable
TransportationNoneApplicable
Campus FeesFewerApplicable
Income OpportunityYes (can work)Limited

While online MBA programs are generally more affordable than traditional programs, it is essential to consider factors such as accreditation, reputation, and post-graduation outcomes when choosing a program. By weighing these factors alongside cost, prospective students can make an informed decision about the best path for their career goals.

5 Affordable Online MBA Programs

Indiana University South Bend, MBA

Indiana University South Bend (IUSB) offers a Master of Business Administration (MBA) program designed to provide students with a comprehensive business education. Here are some details about the program and reasons why one might consider attending:

Program Overview:

  1. IUSB’s MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious accreditation held by less than 5% of business schools worldwide.
  2. The program offers a flexible schedule with evening and online classes to accommodate working professionals.
  3. Students can choose between a full-time or part-time course load, allowing them to complete the program at their own pace.

Reasons to Attend:

  1. Affordability: IUSB’s MBA program is competitively priced, making it an affordable option for students seeking a quality business education.
  2. Experienced Faculty: The program is taught by experienced faculty members who bring real-world business knowledge to the classroom.
  3. Customizable Curriculum: Students can tailor their education to their career goals by choosing electives in areas such as finance, marketing, and entrepreneurship.
  4. Networking Opportunities: The program provides students with opportunities to network with classmates, faculty, and business leaders in the community.
  5. Global Perspective: The curriculum incorporates a global perspective, preparing students to compete in today’s interconnected business world.
  6. Career Services: IUSB’s Career Services office provides students with resources and support to help them achieve their career goals.
  7. Location: The South Bend area offers a vibrant business community with opportunities for internships and employment.
  8. Small Class Sizes: The program features small class sizes, allowing for personalized attention and interaction with faculty and classmates.
  9. GMAT Waiver: IUSB offers a GMAT waiver for qualified applicants, making the application process more accessible.
  10. Strong Alumni Network: Graduates of the program join a strong alumni network, providing opportunities for continued learning and professional development.

Overall, Indiana University South Bend’s MBA program offers a high-quality, affordable, and flexible business education that prepares students for success in their careers.

I apologize for my previous response. Let me provide you with information about the Indiana University Northwest MBA program and reasons one should consider attending it.

Indiana University Northwest – Indiana University Northwest offers an affordable, AACSB-accredited MBA program designed to provide students with a comprehensive business education in a supportive, flexible environment.

Program Overview:

  1. Indiana University Northwest (IUN) offers an MBA program that is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
  2. The program is designed to provide students with a broad understanding of business principles and practices.
  3. Students can choose between a full-time or part-time course load, allowing for flexibility in completing the program.

Reasons to Attend:

  1. Affordability: IUN’s MBA program is one of the most affordable AACSB-accredited programs in the region.
  2. Experienced Faculty: The program is taught by experienced faculty members who bring a wealth of knowledge and real-world experience to the classroom.
  3. Convenient Location: IUN is located in Gary, Indiana, which is easily accessible from surrounding areas in Northwest Indiana and the Chicago metropolitan area.
  4. Flexibility: The program offers evening and online classes, making it convenient for working professionals to attend.
  5. Small Class Sizes: With small class sizes, students receive personalized attention and have the opportunity to build strong relationships with faculty and classmates.
  6. Diverse Student Body: IUN serves a diverse student population, providing opportunities for students to learn from and network with individuals from various backgrounds.
  7. Concentration Options: Students can choose from concentrations in areas such as finance, marketing, and management, allowing them to tailor their education to their specific career goals.
  8. Business Connections: IUN has strong ties to the local business community, providing students with opportunities for internships, networking, and job placement.
  9. GMAT Waiver: IUN offers a GMAT waiver for qualified applicants, making the application process more accessible.
  10. Supportive Environment: IUN provides a supportive environment for students, with resources such as academic advising, career services, and tutoring available to help students succeed.

Indiana University Northwest’s MBA program offers students a high-quality, affordable, and flexible business education that prepares them for success in their careers.

Indiana University Southeast – Indiana University Southeast provides an AACSB-accredited MBA program that offers students a rigorous, affordable, and flexible business education, preparing them for leadership roles in a diverse range of industries.

Indiana University Southeast (IUS) offers a Master of Business Administration (MBA) program that provides students with a comprehensive business education. Here are some details about the program and reasons why one might consider attending:

Program Overview:

  1. IUS’s MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious accreditation held by less than 5% of business schools worldwide.
  2. The program offers a flexible schedule with evening classes to accommodate working professionals.
  3. Students can complete the program on a part-time basis, allowing them to balance their education with work and other commitments.

Reasons to Attend:

  1. Affordable Tuition: IUS’s MBA program offers competitive tuition rates, making it an affordable option for students seeking a quality business education.
  2. Experienced Faculty: The program is taught by experienced faculty members who bring real-world business knowledge and expertise to the classroom.
  3. Customizable Curriculum: Students can tailor their education to their career goals by choosing electives in areas such as finance, marketing, and international business.
  4. Networking Opportunities: The program provides students with opportunities to network with classmates, faculty, and business leaders in the community.
  5. Global Perspective: The curriculum incorporates a global perspective, preparing students to compete in today’s interconnected business world.
  6. Career Services: IUS’s Career Development Center provides students with resources and support to help them achieve their career goals.
  7. Location: IUS is located in New Albany, Indiana, just across the river from Louisville, Kentucky, providing access to a vibrant business community with diverse opportunities.
  8. Small Class Sizes: The program features small class sizes, allowing for personalized attention and interaction with faculty and classmates.
  9. GMAT Waiver: IUS offers GMAT waivers for qualified applicants, making the application process more accessible.
  10. Strong Alumni Network: Graduates of the program join a strong alumni network, providing opportunities for continued learning, professional development, and career advancement.

Overall, Indiana University Southeast’s MBA program offers a high-quality, affordable, and flexible business education that prepares students for success in their careers, with a focus on experiential learning and real-world application

McNeese State University

McNeese State University, located in Lake Charles, Louisiana, offers a Master of Business Administration (MBA) program designed to provide students with a comprehensive business education. Here are some details about the program and reasons why one might consider attending:

Program Overview:

  1. McNeese State University’s MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious accreditation held by less than 5% of business schools worldwide.
  2. The program offers a flexible schedule with evening classes to accommodate working professionals.
  3. Students can choose between a traditional MBA or an MBA with a concentration in Health Care Management.

Reasons to Attend:

  1. Affordable Tuition: McNeese State University’s MBA program offers competitive tuition rates, making it an affordable option for students seeking a quality business education.
  2. Experienced Faculty: The program is taught by experienced faculty members who bring real-world business knowledge and expertise to the classroom.
  3. Health Care Management Concentration: The MBA program offers a concentration in Health Care Management, which prepares students for leadership roles in the growing healthcare industry.
  4. Networking Opportunities: The program provides students with opportunities to network with classmates, faculty, and business leaders in the community.
  5. Hands-On Learning: The curriculum incorporates hands-on learning experiences, such as case studies and projects, to help students apply their knowledge to real-world situations.
  6. Career Services: McNeese State University’s Career and Student Development Center provides students with resources and support to help them achieve their career goals.
  7. Location: Lake Charles, Louisiana, offers a growing business community with diverse opportunities, particularly in the energy and healthcare sectors.
  8. Small Class Sizes: The program features small class sizes, allowing for personalized attention and interaction with faculty and classmates.
  9. GMAT Waiver: McNeese State University offers GMAT waivers for qualified applicants, making the application process more accessible.
  10. Supportive Community: McNeese State University provides a supportive and inclusive community that values diversity and fosters student success.

Overall, McNeese State University’s MBA program offers a high-quality, affordable, and flexible business education that prepares students for success in their careers, with a particular focus on the needs of the local business community and the growing healthcare industry.

Columbus State University

Columbus State University, located in Columbus, Georgia, offers a Master of Business Administration (MBA) program designed to provide students with a comprehensive business education. Here are some details about the program and reasons why one might consider attending:

Program Overview:

  1. Columbus State University’s MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), a prestigious accreditation held by less than 5% of business schools worldwide.
  2. The program offers a flexible schedule with evening classes and online options to accommodate working professionals.
  3. Students can choose between a general MBA or an MBA with a concentration in Healthcare Management, Servant Leadership, or Cybersecurity Management.

Reasons to Attend:

  1. Affordable Tuition: Columbus State University’s MBA program offers competitive tuition rates, making it an affordable option for students seeking a quality business education.
  2. Experienced Faculty: The program is taught by experienced faculty members who bring real-world business knowledge and expertise to the classroom.
  3. Concentration Options: The MBA program offers concentrations in Healthcare Management, Servant Leadership, and Cybersecurity Management, allowing students to specialize in growing and in-demand fields.
  4. Networking Opportunities: The program provides students with opportunities to network with classmates, faculty, and business leaders in the community.
  5. Experiential Learning: The curriculum incorporates experiential learning opportunities, such as internships and consulting projects, to help students apply their knowledge to real-world situations.
  6. Career Services: Columbus State University’s Career Center provides students with resources and support to help them achieve their career goals.
  7. Location: Columbus, Georgia, offers a growing business community with diverse opportunities, particularly in the healthcare, technology, and financial sectors.
  8. Small Class Sizes: The program features small class sizes, allowing for personalized attention and interaction with faculty and classmates.
  9. GMAT Waiver: Columbus State University offers GMAT waivers for qualified applicants, making the application process more accessible.
  10. Supportive Community: Columbus State University provides a supportive and inclusive community that values diversity and fosters student success.

Overall, Columbus State University’s MBA program offers a high-quality, affordable, and flexible business education that prepares students for success in their careers, with a focus on experiential learning, specialized concentrations, and the needs of the local business community.

The Importance of Accreditation for Online MBA Programs

An accredited program is one that has been reviewed and recognized by a designated accrediting agency, ensuring that the program meets specific academic standards and provides a quality education. Accreditation is crucial for both traditional and online MBA programs, as it serves as an indicator of the program’s rigor, credibility, and overall value.

The importance of accreditation lies in the following aspects:

  1. Quality Assurance: Accreditation ensures that the program meets established academic standards, offering students a high-quality education and preparing them for success in their careers.
  2. Employer Recognition: Employers are more likely to recognize and value degrees from accredited programs, increasing job prospects and potential salaries for graduates.
  3. Transferability of Credits: Accredited programs facilitate the transfer of credits between institutions, allowing students to continue their education or pursue additional degrees with ease.
  4. Financial Aid Eligibility: Students enrolled in accredited programs may be eligible for federal financial aid, scholarships, and other forms of financial assistance.

Accredited online MBA programs offer the same level of quality and credibility as their traditional counterparts. These programs undergo a rigorous evaluation process by accrediting agencies, ensuring that they provide a comprehensive curriculum, qualified faculty, and sufficient resources to support student success.

When considering an online MBA program, prospective students should prioritize accreditation as a key factor in their decision-making process. By choosing an accredited program, students can be confident in the value of their education and its potential impact on their career growth.

Is an Affordable Online MBA Right for You?

Every aspiring MBA student faces this crossroad: to pursue an affordable online MBA or enroll in a traditional on-campus program. Each pathway has its unique set of advantages and challenges.

Pros and Cons of Online Learning

The digital revolution has brought education to our fingertips. Online learning offers a host of advantages that traditional MBA programs can’t match. Chief among them are flexibility and affordability.

Online Learning: Pros

  • Flexibility: Online MBA programs allow students to learn at their own pace and on their own schedule. This flexibility is especially beneficial for those juggling work, family, and education.
  • Affordability: As discussed, the tuition for online MBA programs can be substantially lower than their on-campus counterparts. Also, the additional costs of housing, commuting, and materials often decrease or disappear completely.

Online Learning: Cons

  • Limited Face-to-Face Interaction: Though many programs offer virtual networking opportunities, online students might miss the spontaneous interaction and networking that occur naturally on campus.
  • Self-Discipline Required: The flexibility of online learning demands a high degree of self-motivation and discipline. Without the structure of a traditional classroom, some students may struggle to stay on track.

Traditional MBA: Pros

  • Networking: On-campus programs offer direct contact with professors, fellow students, and alumni, often leading to valuable professional connections.
  • Structured Environment: The regular schedule of classes in a traditional MBA can provide a framework that some students find helpful for managing their time and workload.

Traditional MBA: Cons

  • Less Flexibility: Traditional programs typically require full-time attendance, which can be a challenge for working professionals or those with family commitments.
  • Higher Cost: As outlined earlier, traditional MBA programs can be significantly more expensive, both in tuition and related costs.

At the end of the day, the decision between an affordable online MBA and a traditional program depends on individual circumstances, learning style, and career goals. As the world becomes increasingly digital, the acceptance and value of online MBAs continue to grow. For many, this makes the affordable online MBA not just a viable option, but the smart choice.

Balancing Work, Life, and an Online MBA

Pursuing an online MBA doesn’t mean putting life on hold. However, it does require effective management of responsibilities.

  1. Create a Schedule: A well-structured schedule is key. Plan your study hours around your professional and personal obligations.
  2. Establish a Dedicated Study Space: Create an area in your home that signals to your brain it’s time to focus on your studies.
  3. Communicate: Make sure your employer, family, and friends understand your commitment. Their support will be invaluable.
  4. Self-Care: Don’t overlook the importance of physical and mental wellness. Regular exercise, a healthy diet, and sufficient rest are crucial.
  5. Set Goals: Breaking down your program into smaller, manageable goals can make the overall task seem less daunting and keep you motivated.

Tips for Succeeding in an Online MBA Program

Success in an online MBA program requires not just dedication, but also strategic planning. Here are a few tips to help you succeed:

  1. Stay Organized: Keep track of assignments, due dates, and digital materials. Use digital tools like calendars, to-do lists, and project management apps.
  2. Engage with Your Peers: Participate in online discussions and group projects. Networking is as important online as it is on campus.
  3. Communicate with Professors: Don’t hesitate to reach out for clarifications or guidance. They are there to help you learn.
  4. Avoid Procrastination: With the flexibility of online learning comes the temptation to delay work. Stick to your schedule to stay on track.
  5. Use Available Resources: Make the most of digital resources, tutoring services, and career advice offered by the online program.

Remember, success in an online MBA program doesn’t come overnight. It’s a combination of consistent effort, effective strategies, and a genuine passion for learning.

Considering a Campus MBA Option

You may find a local MBA program offering near you with in-state tuition costs, and campus programs may offer a concentration not available at an in-state MBA program near you. With more than 327 online programs offered, you can work full time while you earn your MBA online.

To find tuition costs for affordable campus MBA programs, see our campus MBA programs ranked by tuition.

Affordable Online Mba

Affordable Online MBA

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

How We Rank the Best Online MBA Programs in New Hampshire

MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.

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