Compare Arizona Online MBA Program Averages to Online and National Averages
$40,003
Average Tuition and Fees
$97,127
Average Starting Salary
549
Average GMAT Scores
661
Average Student Enrollment
Averages | Arizona | Online | US |
---|---|---|---|
Average MBA Tuition | $40,003 | $38,875 | $43,476 |
Average Graduate Salary | $97,127 | $97,127 | $81,243 |
Average Graduate ROI | 170% | 153% | 146% |
Average GMAT Scores | 549 | 557 | 561 |
Average Student Faculty Ratio | 25:1 | 17:1 | 16:1 |
Average Full-Time MBA Enrollment | 661 | 298 | 286 |
10 Ways Exceptional Value Meets Online MBA Affordability in Arizona
Arizona’s business schools offer exceptional value and affordability for aspiring MBA students. With in-state tuition ranging from $10,000 to $30,000 per year, these programs are significantly more cost-effective than the national average of $27,457 for out-of-state tuition at public institutions. Arizona’s business schools align their concentrations with the state’s thriving industries, including technology, aerospace, bioscience, and renewable energy. For instance, Arizona State University’s W.P. Carey School of Business offers specializations in Business Analytics and Supply Chain Management, catering to the state’s growing tech sector and manufacturing base. The University of Arizona’s Eller College of Management provides concentrations in Healthcare Management and Entrepreneurship, supporting Arizona’s burgeoning bioscience and startup ecosystems.
When it comes to return on investment, Arizona’s business schools consistently deliver. Graduates from these programs often secure positions with competitive salaries, ranging from $70,000 to $120,000 annually, depending on the specific school and industry. This impressive ROI, coupled with the state’s lower cost of living compared to many other business hubs, makes Arizona an attractive destination for MBA aspirants seeking both quality education and financial prudence.
#1 Affordable Tuition with High-Quality Education
Arizona State University’s W.P. Carey School of Business and the University of Arizona’s Eller College of Management offer top-tier MBA programs at a fraction of the cost of many out-of-state alternatives. With tuition rates ranging from $25,000 to $30,000 per year for in-state students, these schools provide access to world-class faculty, cutting-edge research facilities, and robust alumni networks without breaking the bank. The affordability factor doesn’t compromise on quality, as both schools consistently rank among the top 50 MBA programs nationwide. This combination of value and prestige makes Arizona’s business schools an attractive option for budget-conscious students seeking a high-caliber education.
#2 Industry-Aligned Concentrations
Northern Arizona University’s W.A. Franke College of Business and Grand Canyon University’s Colangelo College of Business offer concentrations that closely align with Arizona’s booming industries. NAU’s MBA program features specializations in Hospitality and Tourism Management, tapping into the state’s thriving tourism sector, while GCU offers a unique concentration in Sports Business, capitalizing on Arizona’s professional sports scene. These tailored programs ensure that graduates are well-equipped to meet the specific needs of local industries, enhancing their employability and career prospects within the state.
#3 Flexible Learning Options
Arizona State University and the University of Arizona lead the way in providing flexible learning options for working professionals. Both schools offer part-time, online, and executive MBA programs, allowing students to balance their education with work and personal commitments. ASU’s W.P. Carey School even offers a unique “Flex MBA” program, which combines online and in-person learning, giving students the best of both worlds. These flexible options make it possible for a wider range of students to pursue an MBA, regardless of their location or work schedule.
#4 Strong Entrepreneurship Focus
The University of Arizona’s McGuire Center for Entrepreneurship and Thunderbird School of Global Management at Arizona State University offer exceptional resources for aspiring entrepreneurs. These programs provide hands-on experience through business incubators, startup competitions, and mentorship programs. Students have the opportunity to develop their own business ideas, pitch to real investors, and even launch their ventures before graduation. This strong emphasis on entrepreneurship aligns perfectly with Arizona’s growing reputation as a startup-friendly state, particularly in the tech and bioscience sectors.
#5 Global Business Perspective
Arizona’s proximity to Mexico and its diverse population contribute to a unique global business perspective in its MBA programs. The Thunderbird School of Global Management at ASU is renowned for its international focus, offering concentrations in Global Affairs and Global Business. Similarly, the University of Arizona’s Eller College provides a Global Business concentration that includes study abroad opportunities and international consulting projects. These programs prepare students for success in an increasingly interconnected global economy, leveraging Arizona’s strategic location as a gateway to Latin American markets.
#6 Robust Career Services and Networking Opportunities
Both Arizona State University and the University of Arizona boast extensive career services departments and strong alumni networks. These resources provide students with invaluable networking opportunities, career coaching, and access to job fairs featuring top employers in the region. The W.P. Carey School’s Career Management Center, for instance, offers personalized career guidance, while Eller’s Professional Development Center provides industry-specific workshops and networking events. These services significantly enhance students’ job prospects and contribute to the high employment rates among graduates from Arizona’s business schools.
#7 Cutting-Edge Research and Innovation
Northern Arizona University’s W.A. Franke College of Business and Arizona State University’s W.P. Carey School are at the forefront of business research and innovation. NAU’s focus on sustainable business practices and environmental management aligns with Arizona’s growing renewable energy sector. Meanwhile, ASU’s research centers, such as the Center for Services Leadership and the Center for Competitiveness and Prosperity Research, contribute groundbreaking insights to various business fields. Students at these institutions have the opportunity to engage in cutting-edge research projects, gaining valuable skills and knowledge that set them apart in the job market.
#8 Interdisciplinary Learning Opportunities
The University of Arizona and Arizona State University offer unique interdisciplinary learning opportunities that leverage the strengths of their respective institutions. UA’s Eller College allows MBA students to take courses from other top-ranked programs, such as the James E. Rogers College of Law or the College of Engineering. Similarly, ASU’s W.P. Carey School encourages cross-disciplinary collaboration with its renowned engineering and sustainability programs. This interdisciplinary approach prepares students for the complex, multifaceted challenges of modern business, particularly in Arizona’s diverse economic landscape.
#9 Strong Industry Partnerships
Grand Canyon University’s Colangelo College of Business and the Thunderbird School of Global Management at ASU have cultivated strong partnerships with local and global industries. These relationships translate into internship opportunities, guest lectures from industry leaders, and real-world consulting projects for students. GCU’s connections with Phoenix’s sports franchises provide unique insights into sports business management, while Thunderbird’s global network offers students access to multinational corporations and international organizations. These industry partnerships ensure that the curriculum remains relevant and that students graduate with practical, in-demand skills.
#10 Emphasis on Sustainability and Social Responsibility
Arizona’s business schools are leading the charge in sustainable business practices and social responsibility. The W.A. Franke College of Business at Northern Arizona University offers a concentration in Sustainable Business Practices, while ASU’s W.P. Carey School integrates sustainability principles across its curriculum. These programs prepare students to tackle pressing environmental and social issues while driving business success. This focus aligns with Arizona’s growing renewable energy sector and the increasing demand for socially responsible business leaders, positioning graduates to make meaningful impacts in their careers and communities.
Our Top 6 Picks for Affordable Online MBA Programs in Arizona
#1 in Arizona
Grand Canyon University
- 3300 W Camelback Road, , AZ - 85017
- Institution Control: Private, for-profit
- Academic Year:
- Accreditation:
- Award Levels: Doctoral, Master, Undergraduate
- Offered as: Campus, Online
Business School Details
Student / Faculty Ratio: NAN:0
Tuition and Fees: $17,800
Total Enrollment: N/A
Concentrations: Accounting, Economics, Finance, General Business +3 more
Ranking:
Average GMAT Score: 500
Graduate Salary: $88,400
AACSB Accredited: N/A
Graduate ROI: %
MBAGuide Rankings:
Grand Canyon University's Colangelo College of Business is one of the top business schools in Arizona. It combines Christian values, entrepreneurial spirit, and education aligned with industry needs. Named after Jerry Colangelo, a famous sports entrepreneur, the college focuses on leadership, ethics, and innovation. Students benefit from strong connections with local industries, especially in sports management and entrepreneurship, reflecting Arizona's dynamic business scene. The college’s Canyon Ventures startup accelerator offers hands-on entrepreneurial experience, hosting 25 companies and employing many GCU students and alumni. This program, along with community engagement initiatives like Serve the City Day, creates a unique learning environment preparing students for real-world challenges.
Entrepreneurial Focus and Industry Connections
The Colangelo College of Business provides excellent opportunities for students to develop their entrepreneurial skills. Through the Canyon Ventures program, students work directly with startups, gaining real-world experience in business development and management. This hands-on approach extends to partnerships with local businesses, including successful collaborations featured on national platforms like "Shark Tank." These experiences offer invaluable networking opportunities and practical insights into the business world.
Innovative Curriculum and Specializations
GCU’s business programs are designed to meet the changing needs of the business world. The college offers a variety of specializations, including unique options like Homeland Security and Emergency Management, reflecting Arizona’s role as a hub for defense and security industries. The curriculum balances theoretical knowledge with practical skills, ensuring graduates are ready for the job market. The college’s MBA in project management, ranked third nationally and best in the West by Intelligent in 2022, showcases the high-quality education offered.
Global Recognition and Academic Excellence
The Colangelo College of Business has received numerous accolades, highlighting its commitment to academic excellence. The college’s Eta Chi Chapter of Delta Mu Delta Honors Society won the Jablonsky Outstanding Chapter of the Year award in 2020, recognizing its exceptional programs and services for members. These achievements emphasize the college’s dedication to fostering a culture of academic rigor and professional development.
Community Impact and Social Responsibility
Students at the Colangelo College of Business are encouraged to positively impact their community. Through initiatives like the New Business Development Center, where students offer free consulting services to small businesses, and participation in Habitat for Humanity programs, the college instills a strong sense of social responsibility. This focus on community service enriches the student experience and aligns with the college’s Christian values and commitment to servant leadership.
Career Development and Industry Readiness
The college emphasizes career preparation, offering comprehensive support through its Career Services department. Students receive personalized guidance in career exploration, resume writing, and interview skills. The GCU Student Ad Agency provides marketing students with professional experience, while internships with major companies like Charles Schwab and Bank of America offer invaluable industry exposure. These opportunities, combined with the college’s strong alumni network, significantly enhance students’ career prospects upon graduation.
#2 in Arizona
Northcentral University
- 8667 E Hartford Dr Ste 100, , AZ - 85255
- Institution Control:
- Academic Year:
- Accreditation:
- Award Levels:
- Offered as: Online
Business School Details
Student / Faculty Ratio: NAN:0
Tuition and Fees: $23,040
Total Enrollment: N/A
Concentrations: Entrepreneurship, Financial Management, Health Care Management, Human Resources +7 more
Ranking:
Average GMAT Score: 400
Graduate Salary: N/A
AACSB Accredited: N/A
Graduate ROI: %
MBAGuide Rankings:
Northcentral University's College of Business and Technology offers a standout business program in Minnesota. Its mix of tough academics, Christian values, and real-world experience makes it special. Located right in downtown Minneapolis, the college takes advantage of the city setting to give students amazing connections and internship opportunities. The focus on hands-on learning and a strong Christian foundation helps students become ethical leaders in business and technology.
The college’s courses match Minnesota’s major industries, such as healthcare, manufacturing, and tech. By partnering with big companies like General Mills, students get real-world experience on actual projects, giving them a head start in their careers. The focus on innovation and entrepreneurship, highlighted by the Institute for Innovation and Entrepreneurship, mirrors Minnesota’s booming startup scene, preparing students to thrive in this dynamic environment.
Experiential Learning
At Northcentral University’s College of Business and Technology, hands-on experience is a big deal. The “Do Something Initiative” is a four-year program that pairs students with mentors and allows them to attend conferences, network, and do informational interviews. By the time they graduate, students have built up to three years of experience in their field, making them highly attractive to employers.
Christian Character Development
The business program at Northcentral University weaves Christian values into its lessons, promoting ethical leadership and character growth. Students are taught to tackle business problems with a strong moral sense, preparing them to make ethical decisions in their future careers. This mix of faith and business education makes Northcentral stand out among other schools in the state.
Industry Connections
Being in downtown Minneapolis, the college offers students fantastic access to industry leaders and potential employers. With plenty of job and internship opportunities, students can build their professional networks even before they graduate. The strong ties to local businesses keep the curriculum relevant and in line with industry needs.
Innovative Learning Environment
The Institute for Innovation and Entrepreneurship (IIE) is the college’s center for creativity and entrepreneurship. Students get to start their own businesses with one-on-one coaching and mentoring. The IIE also lets students work on real projects for clients, gaining valuable experience and earning money at the same time.
Personalized Education
Small class sizes at Northcentral mean that students get lots of attention from experienced faculty who bring real-world business knowledge to their teaching. This close-knit learning environment helps students form strong relationships with their professors, who recognize and nurture each student’s potential. The college’s commitment to mentoring is shown by its 100% career mentoring rate, far above the national average. By blending strong academics, Christian values, and practical experience, Northcentral University’s College of Business and Technology provides a unique and valuable education. This program prepares students to succeed in Minnesota’s diverse business world. Its innovative approach to learning, strong industry connections, and focus on character development make it a top choice for students seeking a well-rounded business education in the state.
#3 in Arizona
The University of Arizona
- McClelland Hall 417, Tucson, AZ - 85721-0108
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist, Undergraduate
- Offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership, Weekends
Business School Details
Student / Faculty Ratio: 32:1
Tuition and Fees: $56,250
Total Enrollment: 8,437
Concentrations: Accounting, Data Analytics, Economics, Entrepreneurship +8 more
Ranking: US News, Forbes, BW and MBAGuide
Average GMAT Score: 673
Graduate Salary: $107,345
AACSB Accredited: Business and Accounting
Graduate ROI: 98%
MBAGuide Rankings:
The University of Arizona's Eller College of Management is known as one of the top business schools in Arizona. Ranked #50 among the Best Business Schools by U.S. News & World Report, Eller offers students a first-class education that prepares them for success in Arizona’s and the world’s dynamic business environment. The college’s focus on management information systems, ranked #3 nationally, is a great fit for Arizona's booming tech sector. Eller's emphasis on entrepreneurship, with a #5 ranking in the Southwest by The Princeton Review, aligns perfectly with the state’s vibrant startup scene. Eller's diverse MBA programs—full-time, evening, online, executive, and professional—meet various student needs and career goals. With modern facilities in Tucson and a new campus in Chandler, Eller gives students unmatched access to business education throughout Arizona.
By blending academic rigor with practical experience, industry connections, and a focus on innovation, the Eller College of Management at the University of Arizona offers a well-rounded and valuable business education. Its programs are crafted to equip students with the skills and knowledge needed to excel in Arizona’s diverse and growing economy, making it a top choice for future business leaders in the state.
Cutting-Edge Curriculum
Eller College of Management offers a constantly evolving curriculum to meet modern business demands. Its top-ranked Management Information Systems program highlights the college’s focus on technology and innovation. Students take courses that combine traditional business principles with the latest tech applications, prepping them for Arizona’s tech industry leadership roles.
Flexible Program Options
Understanding its students’ diverse needs, Eller provides various MBA programs for different lifestyles and career stages. The Professional MBA program in Chandler offers a hybrid learning experience, combining online courses with bi-weekly in-person practicums. This setup allows working professionals to pursue their MBA without pausing their careers, while still benefiting from in-person interactions with peers and faculty.
Strong Industry Connections
Eller College of Management has built strong relationships with top companies in Arizona and beyond. Through its Professional Development Centers, students get personalized guidance for making career choices in a competitive market. The college’s focus on practical education and real-world application ensures graduates are ready to contribute immediately in their chosen fields.
Entrepreneurial Focus
The McGuire Center for Entrepreneurship at Eller equips students with the skills and resources to launch successful ventures. With 17% of recent graduates involved in startups, the college is a hub for innovation and entrepreneurship in the Southwest. This focus matches well with Arizona’s supportive environment for new businesses and startups.
Global Perspective
Eller College of Management preps students for global success. The college offers international business experiences, like a trip to Brazil mentioned by a student, providing valuable cultural and business insights. This global view is crucial for students aiming to thrive in Arizona’s increasingly international business scene.
#4 in Arizona
Arizona State University
- BAC-600, Tempe, AZ - 85287-3506
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, E-MBA, Masters in Business, Masters Specialist, Non-MBA, Undergraduate
- Offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, hybrid, Off Campus, Online, Part-Time, Partnership, Weekends
Business School Details
Student / Faculty Ratio: 34:1
Tuition and Fees: $61,354
Total Enrollment: 19,692
Concentrations: Accounting, Business Analytics, Consulting, Economics +21 more
Ranking: US News, Forbes, BW, FT, Economist and MBAGuide
Average GMAT Score: 684
Graduate Salary: $124,664
AACSB Accredited: Business and Accounting
Graduate ROI: 103%
MBAGuide Rankings:
The W.P. Carey School of Business at Arizona State University is the largest business school in the U.S., giving students incredible chances to interact with a diverse group of learners and industry leaders. The school's mission is clear: to "transform the world through access, excellence, and innovation in business knowledge," and this is reflected in its numerous programs and initiatives. W.P. Carey School of Business embodies the innovative spirit of Arizona State University, consistently ranked as the #1 Most Innovative School by U.S. News & World Report. This culture of innovation touches every part of the business school, from cutting-edge research to its forward-thinking curriculum.
Moreover, W.P. Carey's programs are closely tied to Arizona's key industries, like technology, healthcare, and sustainable business. The school partners with both local and global companies, to provide students with real-world experience and networking opportunities. For instance, its focus on supply chain management and information systems fits perfectly with Arizona's booming tech and logistics industries.
World-Class Faculty and Research
W.P. Carey's faculty includes famous scholars and industry experts who are leaders in business research and innovation. The school's research centers, such as the Center for Services Leadership and the Institute for the Science of Teaching & Learning, give students opportunities to engage in groundbreaking research and work with top thinkers in various business fields.
Comprehensive Career Support
The W.P. Carey Career Services Center provides personalized career coaching tailored to each major for undergraduate students. This customized approach, along with the school's strong industry links, gives students a big edge in the job market. Early and frequent meetings with career coaches help students create effective career plans and achieve positive results.
Diverse and Inclusive Learning Environment
W.P. Carey is dedicated to creating an inclusive and diverse learning environment. The school acknowledges the Indigenous lands it stands on and supports Native American students, showing a strong commitment to inclusivity. This diverse setting helps students succeed in a global business world and develop essential cross-cultural skills.
Innovative Curriculum and Program Flexibility
Offering over 30 business degrees and certificates, W.P. Carey lets students tailor their education to their career goals. The innovative curriculum includes emerging business trends like artificial intelligence and sustainability, preparing students for the future. Online programs add further flexibility, making education accessible to students with varied needs and schedules.
Extensive Networking and Leadership Opportunities
With more than 40 business clubs and organizations, W.P. Carey provides many opportunities for students to develop leadership skills, expand their professional networks, and gain practical experience. These extracurricular activities, along with the school's large alumni network, give students valuable connections and experiences beyond the classroom.
#5 in Arizona
Thunderbird School of Global Management
- 400 E. Van Buren, Suite 900, Glendale, AZ - 85004
- Institution Control: Public
- Academic Year:
- Accreditation: AACSB
- Award Levels: Doctoral, Graduate Level Certificate, Non-MBA, Undergraduate
- Offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Weekends
Business School Details
Student / Faculty Ratio: 14:1
Tuition and Fees: $70,570
Total Enrollment: 1,164
Concentrations: Accounting, Data Analytics, Entrepreneurship, Finance +11 more
Ranking: US News and MBAGuide
Average GMAT Score: 645
Graduate Salary: N/A
AACSB Accredited: Business
Graduate ROI: 0%
MBAGuide Rankings:
Thunderbird School of Global Management at Arizona State University provides a truly global view on management education. Thunderbird has been a leader in preparing global market leaders for over 75 year, being the first graduate school in the world to focus on international management. The school combines cross-cultural understanding, digital innovation, and sustainable business practices to give students the skills they need in today’s connected world.
Thunderbird's programs are closely aligned with Arizona's key industries, like technology, healthcare, and sustainable energy. Their Master of Global Management program has concentrations in Global Business, Digital Transformation, and Sustainable Enterprise, directly addressing the needs of Arizona’s growing sectors. By partnering with local and multinational companies, Thunderbird provides students with hands-on experience and networking opportunities that connect classroom learning with real-world applications.
The school's recent move to a cutting-edge global headquarters in downtown Phoenix enhances its ability to deliver top-tier education. This $75 million facility, opened in 2021, features advanced learning technologies and collaborative spaces that reflect the innovative environments students will encounter in their future careers. Thunderbird's dedication to innovation is also shown in its "100 Million Learners Initiative," aiming to offer free online global management and entrepreneurship training to millions worldwide by 2030.
Global Perspective
Thunderbird's defining feature is its truly global approach to business education. Students benefit from a diverse international faculty and peers from over 140 countries, creating a multicultural environment that fosters cross-cultural skills and a global mindset essential for success in international business.
Innovative Curriculum
The curriculum at Thunderbird is constantly updated to meet the demands of the Fourth Industrial Revolution. The school integrates emerging technologies like artificial intelligence, blockchain, and data analytics into its programs, ensuring students are ready for the digital future of business.
Industry Connections
Thunderbird uses its vast alumni network of over 45,000 professionals in 170 countries to offer students unparalleled networking and career opportunities. The school’s strong ties to multinational corporations provide access to internships, consulting projects, and job placements with leading global companies.
Experiential Learning
Hands-on learning is a core part of the Thunderbird experience. Through global consulting projects, international internships, and immersive study abroad programs, students gain practical experience solving real-world business challenges in different cultural contexts.
Entrepreneurship Focus
Thunderbird strongly emphasizes developing entrepreneurial skills. The Thunderbird Venture Lab offers resources, mentorship, and funding opportunities for students to create and launch their own startups, encouraging innovation and business creation that can contribute to Arizona's economic growth. By blending a rich legacy in international business education with cutting-edge programs and a forward-thinking approach, Thunderbird School of Global Management offers students a unique and valuable educational experience, preparing them to be leaders in Arizona's increasingly global business landscape.
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