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Where Exceptional Value Meets MBA Affordability: AACSB-Accredited Economics MBA Programs from $12,294 to $19,908 in 2025

Top 10 Editor’s Picks for Affordable Online MBA Programs in Economics under $20K

Our ranking of the top 10 online MBA Programs in Economics for 2025 identifies programs that deliver exceptional value at an affordable tuition cost. We base our selection on comprehensive data analysis, key metrics (including tuition, graduate salary, and ROI), and expert editorial insight. These programs distinguish themselves through a strong combination of affordability, AACSB accreditation, academic quality, and impressive graduate career and financial outcomes.

Mississippi State University

College of Business

Location:

  • Mississippi State

,

  • MS

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $12,294
  • Graduate Salary: $91,600
  • Graduate ROI: 645%
  • GMAT Required: No
  • Avg. GMAT: 571
  • Student / Faculty Ratio: 21:1
  • Enrollment: 3,516

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • Concentrations: 12
  • Accounting
  • Corporate Finance
  • Economics
  • Finance
  • General Business
  • Global Management
  • Information Systems
  • International Business
  • Management
  • Marketing
  • Supply Chain
  • Taxation
  • Rankings
  • City Rank: 1
  • State Rank: 2
  • National Rank: 183
  • Online Rank: 125
  • Best in:

University of Nebraska at Kearney

College of Business and Technology

Location:

  • Kearney

,

  • NE

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $13,293
  • Graduate Salary: $73,150
  • Graduate ROI: 450%
  • GMAT Required: No
  • Avg. GMAT: 490
  • Student / Faculty Ratio: 11:1
  • Enrollment: 718

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • Concentrations: 12
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Finance
  • General Business
  • Insurance
  • Management
  • Marketing
  • Product Management
  • Project Management
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 4
  • National Rank: 440
  • Online Rank: 327
  • Best in:

Governors State University

College of Business

Location:

  • University Park

,

  • IL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $13,788
  • Graduate Salary: $73,900
  • Graduate ROI: 436%
  • GMAT Required: Yes
  • Avg. GMAT: 590
  • Student / Faculty Ratio: 11:1
  • Enrollment: 685

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 5
  • Accounting
  • Data Analytics
  • Economics
  • General Business
  • Human Resources
  • Rankings
  • City Rank: 2
  • State Rank: 9
  • National Rank: 193
  • Online Rank: 132
  • Best in:

University of South Carolina Upstate

George Dean Johnson, Jr. College of Business and Economics

Location:

  • Spartanburg

,

  • SC

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $14,224
  • Graduate Salary: $74,302
  • Graduate ROI: 422%
  • GMAT Required: Yes
  • Avg. GMAT: 670
  • Student / Faculty Ratio: 12:1
  • Enrollment: 572

Degree Level(s):

  • Master
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • Concentrations: 8
  • Accounting
  • Data Analytics
  • Economics
  • Entrepreneurship
  • General Business
  • Management
  • Marketing
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 4
  • National Rank: 149
  • Online Rank: 104
  • Best in:

Radford University

College of Business and Economics

Location:

  • Radford

,

  • VA

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $15,984
  • Graduate Salary: $91,600
  • Graduate ROI: 473%
  • GMAT Required: Yes
  • Avg. GMAT: 438
  • Student / Faculty Ratio: 12:1
  • Enrollment: 1,026

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • Concentrations: 10
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Finance
  • General Business
  • Information Systems
  • Insurance
  • Management
  • Marketing
  • Rankings
  • City Rank: 1
  • State Rank: 12
  • National Rank: 335
  • Online Rank: 243
  • Best in:

Frostburg State University

College of Business

Location:

  • Frostburg

,

  • MD

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $16,740
  • Graduate Salary: $83,700
  • Graduate ROI: 400%
  • GMAT Required: Yes
  • Avg. GMAT: 550
  • Student / Faculty Ratio: 8:1
  • Enrollment: 449

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 12
  • Accounting
  • Corporate Finance
  • Economics
  • Entrepreneurship
  • Finance
  • Global Management
  • Hospitality Management
  • Human Resources
  • Insurance
  • International Business
  • Management
  • Marketing
  • Rankings
  • City Rank: 1
  • State Rank: 5
  • National Rank: 254
  • Online Rank: 183
  • Best in:

Purdue University Fort Wayne

Richard T. Doermer School of Business

Location:

  • Fort Wayne

,

  • IN

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $16,756
  • Graduate Salary: $77,400
  • Graduate ROI: 362%
  • GMAT Required: No
  • Avg. GMAT: 530
  • Student / Faculty Ratio: 14:1
  • Enrollment: 1,030

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 8
  • Accounting
  • Corporate Finance
  • Economics
  • Finance
  • General Business
  • Hospitality Management
  • Management
  • Other
  • Rankings
  • City Rank: 1
  • State Rank: 13
  • National Rank: 307
  • Online Rank: 224
  • Best in:

University of Nebraska at Omaha

College of Business Administration

Location:

  • Omaha

,

  • NE

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $17,493
  • Graduate Salary: $89,200
  • Graduate ROI: 410%
  • GMAT Required: No
  • Avg. GMAT: 500
  • Student / Faculty Ratio: 16:1
  • Enrollment: 2,457

Degree Level(s):

  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 17
  • Accounting
  • Corporate Finance
  • Data Analytics
  • E-Commerce
  • Economics
  • Entrepreneurship
  • Finance
  • Global Management
  • Healthcare Administration
  • Human Resources
  • International Business
  • Law
  • Management
  • Marketing
  • Other
  • Real Estate
  • Supply Chain
  • Rankings
  • City Rank: 2
  • State Rank: 3
  • National Rank: 269
  • Online Rank: 194
  • Best in:

Oklahoma State University

Spears School of Business

Location:

  • Stillwater

,

  • OK

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $19,295
  • Graduate Salary: $73,300
  • Graduate ROI: 280%
  • GMAT Required: Yes
  • Avg. GMAT: 617
  • Student / Faculty Ratio: 21:1
  • Enrollment: 6,272

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • Concentrations: 13
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Hospitality Management
  • Information Systems
  • International Business
  • Management
  • Marketing
  • Rankings
  • City Rank: 1
  • State Rank: 7
  • National Rank: 191
  • Online Rank: 131
  • Best in:

Weber State University

John B. Goddard School of Business & Economics

Location:

  • Ogden

,

  • UT

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $19,908
  • Graduate Salary: $84,900
  • Graduate ROI: 326%
  • GMAT Required: No
  • Avg. GMAT: 540
  • Student / Faculty Ratio: 17:1
  • Enrollment: 1,694

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 14
  • Accounting
  • Corporate Finance
  • Data Analytics
  • E-Commerce
  • Economics
  • Entrepreneurship
  • Finance
  • General Business
  • Information Systems
  • Insurance
  • Management
  • Marketing
  • Supply Chain
  • Taxation
  • Rankings
  • City Rank: 1
  • State Rank: 4
  • National Rank: 225
  • Online Rank: 159
  • Best in:

Compere 121 AACSB-Accredited Economics MBAs with Tuition Under the $33,271 National Average

Compare your many options using this sortable table of 121 AACSB-accredited MBA Economics programs with tuition under the national average of $33,271.

Sort programs using Rank, Tuition, Starting Salary, and ROI. Find the program(s) that offers the best potential return for your budget. Click on any school name to view a comprehensive school profile.

Rank University In State TuitionAvg. Starting SalaryROIStateOnline
1 Indiana University Northwest $7,458 $75,000 906.00%INYes
1 Indiana University South Bend $7,458 $60,300 709.00%INYes
3 Grambling State University $8,460 $39,900 372.00%LANo
4 University of Central Oklahoma $9,068 $62,400 588.00%OKYes
5 Tennessee State University $9,452 $107,108 1,033.00%TNYes
6 Georgia Southern University $9,824 $70,200 615.00%GAYes
7 Columbus State University $9,855 $74,000 651.00%GAYes
8 New Mexico State University $10,314 $73,500 613.00%NMYes
9 East Texas A&M University $10,724 $81,000 655.00%TXYes
10 University of Tennessee at Martin $11,112 $57,450 417.00%TNYes
11 University of Central Arkansas $11,239 $53,700 378.00%ARYes
12 Stephen F. Austin State University $11,630 $65,950 467.00%TXYes
13 Angelo State University $12,251 $81,000 561.00%TXYes
14 Mississippi State University $12,294 $91,600 645.00%MSYes
15 University of West Florida $12,460 $57,200 359.00%FLYes
16 Western Kentucky University $12,600 $62,000 392.00%KYYes
17 East Tennessee State University $13,280 $52,400 295.00%TNYes
18 University of Nebraska at Kearney $13,293 $73,150 450.00%NEYes
19 Idaho State University $13,392 $69,600 420.00%IDYes
20 Florida Gulf Coast University $13,428 $59,700 345.00%FLYes
21 Youngstown State University $13,500 $64,400 377.00%OHYes
22 Pittsburg State University $13,785 $52,600 282.00%KSYes
23 Governors State University $13,788 $73,900 436.00%ILYes
24 Southeast Missouri State University $13,804 $59,400 330.00%MOYes
25 Tarleton State University $13,865 $81,926 491.00%TXYes
26 University of Puerto Rico at Rio Piedras $13,926 $60,000 331.00%PRYes
27 Western Carolina University $13,967 $44,100 216.00%NCYes
28 Midwestern State University $14,174 $52,872 273.00%TXYes
29 University of South Alabama $14,400 $49,200 242.00%ALYes
30 Jackson State University $14,490 $55,900 286.00%MSYes
31 University of Illinois at Springfield $14,833 $68,300 360.00%ILYes
32 University of South Dakota $14,892 $47,553 219.00%SDYes
33 State University of New York College at Brockport $15,000 $55,950 273.00%NYYes
34 Missouri State University $15,108 $62,400 313.00%MOYes
35 University of West Georgia $15,125 $59,800 295.00%GAYes
36 Western Illinois University $15,231 $67,800 345.00%ILYes
37 Troy University $15,675 $61,000 289.00%ALYes
38 Francis Marion University $15,918 $42,600 168.00%SCYes
39 Radford University $15,984 $91,600 473.00%VAYes
40 University of Alabama at Birmingham $16,200 $75,000 363.00%ALYes
41 Louisiana Tech University $16,518 $46,771 183.00%LAYes
42 Frostburg State University $16,740 $83,700 400.00%MDYes
43 Purdue University Fort Wayne $16,756 $77,400 362.00%INYes
44 Alabama A&M University $17,313 $48,200 178.00%ALYes
45 Southern Connecticut State University $17,432 $67,435 287.00%CTYes
46 Appalachian State University $17,463 $63,285 262.00%NCYes
47 University of Nebraska at Omaha $17,493 $89,200 410.00%NEYes
48 The University of Texas Rio Grande Valley $17,745 $65,600 270.00%TXYes
49 University of North Florida $17,767 $62,014 249.00%FLNo
50 Texas A&M University-Corpus Christi $17,997 $60,000 233.00%TXYes
51 University of Arkansas at Little Rock $18,071 $63,300 250.00%ARYes
52 Washburn University $18,080 $65,000 260.00%KSNo
53 Coastal Carolina University $18,460 $52,500 184.00%SCYes
54 Kennesaw State University $19,000 $72,000 279.00%GAYes
55 Marshall University $19,170 $56,200 193.00%WVYes
56 Oklahoma State University $19,295 $73,300 280.00%OKYes
57 The University of North Dakota $19,793 $46,200 133.00%NDYes
58 Kent State University $19,908 $52,337 163.00%OHYes
58 Weber State University $19,908 $84,900 326.00%UTYes
60 Jacksonville State University $20,352 $95,570 370.00%ALYes
61 The University of Texas at El Paso $20,634 $52,900 156.00%TXYes
62 Salisbury University $20,792 $59,700 187.00%MDYes
63 Berry College $21,000 $53,850 156.00%GANo
64 West Chester University of PA $21,091 $90,600 330.00%PAYes
65 Sam Houston State University $21,147 $69,200 227.00%TXYes
66 Ball State University $21,197 $76,400 260.00%INYes
67 Ohio University $21,438 $49,598 131.00%OHYes
68 University of Alabama in Huntsville $21,483 $71,000 230.00%ALYes
69 Saginaw Valley State University $21,649 $102,450 373.00%MIYes
70 University of Nevada, Las Vegas $21,784 $93,820 331.00%NVYes
71 Boise State University $21,932 $71,088 224.00%IDYes
72 Southern Illinois University Carbondale $21,972 $59,600 171.00%ILYes
73 California State University, Los Angeles $22,052 $99,100 349.00%CANo
74 University of Alaska Anchorage $22,161 $68,700 210.00%AKYes
75 The University of Texas at Arlington $22,504 $78,800 250.00%TXYes
76 Georgia College & State University $22,970 $71,800 213.00%GAYes
77 Texas State University $23,365 $155,000 563.00%TXNo
78 The University of Iowa $23,453 $112,820 381.00%IANo
79 The University of Memphis $23,688 $74,800 216.00%TNYes
80 William Paterson University $23,820 $70,500 196.00%NJYes
81 University of Northern Iowa $23,917 $66,000 176.00%IANo
82 University of Cincinnati $23,996 $87,013 263.00%OHYes
83 Colorado State University-Pueblo $24,168 $49,500 105.00%COYes
84 West Virginia University $24,273 $61,847 155.00%WVYes
85 The University of Texas at San Antonio $24,512 $78,000 218.00%TXYes
86 The University of North Carolina at Greensboro $25,000 $70,100 180.00%NCYes
87 State University of New York College at Oneonta $25,064 $81,000 223.00%NYNo
88 Slippery Rock University $25,318 $61,100 141.00%PAYes
89 University of Tennessee at Chattanooga $25,788 $79,043 207.00%TNNo
90 Drake University $25,848 $79,500 208.00%IAYes
91 The University of Mississippi $25,914 $60,977 135.00%MSYes
92 Palm Beach Atlantic University $25,920 $77,035 197.00%FLNo
93 University of Wisconsin-Whitewater $26,000 $78,000 200.00%WIYes
94 University of Wyoming $26,460 $93,010 252.00%WYYes
95 University of Florida $26,473 $117,197 343.00%FLYes
96 University of South Carolina $26,485 $97,819 269.00%SCNo
97 Middle Tennessee State University $26,712 $89,000 233.00%TNYes
98 California State University, Fresno $27,000 $88,500 228.00%CANo
99 Oklahoma City University $27,175 $81,000 198.00%OKYes
100 Bowling Green State University $27,200 $53,853 98.00%OHYes
101 Central Michigan University $27,300 $94,350 246.00%MIYes
102 California Polytechnic State University, San Luis Obispo $27,462 $113,151 312.00%CANo
103 San Francisco State University $28,000 $76,600 174.00%CANo
104 Wright State University $28,080 $115,000 310.00%OHYes
105 College of Charleston $28,204 $70,314 149.00%SCYes
106 The University of Alabama $28,377 $74,060 161.00%ALYes
107 Nichols College $28,440 $55,392 95.00%MAYes
108 Western Connecticut State University $28,638 $80,850 182.00%CTYes
109 University of Wisconsin Oshkosh $29,168 $87,400 200.00%WIYes
110 Western Michigan University $29,377 $95,000 223.00%MIYes
111 University of Wisconsin-Eau Claire $29,700 $84,700 185.00%WIYes
112 Iowa State University $29,966 $75,552 152.00%IAYes
113 Grand Valley State University $30,024 $76,200 154.00%MINo
113 Oakland University $30,024 $86,300 187.00%MIYes
115 University of Hartford $30,168 $94,500 213.00%CTYes
116 University of the District of Columbia $30,765 $100,000 225.00%DCNo
117 California State University, Northridge $30,897 $77,400 151.00%CANo
118 University of Louisiana at Lafayette $31,281 $51,200 64.00%LAYes
119 Old Dominion University $31,564 $75,800 140.00%VAYes
120 Dominican University $32,004 $113,000 253.00%ILYes
121 John Carroll University $32,356 $65,000 101.00%OHYes

You might also be interested in the best ranked MBA and Master’s degrees in Economics here:  Online | In-Person

Find Affordable Online MBA Programs Now Accepting Economics Applicants

Our Ranking Methodology for High-Value Affordable Economics MBA Programs

MBAGuide.org’s ranking methodology combines quantitative data (80%) like student-faculty ratio, tuition, enrollment, and post-graduation salaries with qualitative factors (20%) such as editorial ratings and school reputation.

Additionally, for the most affordable and high value programs, we aim to find program tuition well below the national average for that degree, with graduate salaries that are above the national average to competitive to it and graduate ROI of of more than 200% within each degree, enabling prospective students to find high-quality, cost-effective options tailored to their location and career aspirations.

Most Affordable AACSB-Accredited Online MBA Programs by Concentration

Business School Data Sources from

See all data sources including 756 College and University Programs

Compare These National Averages for Economics Programs to the Affordable AACSB MBA Programs Above

$33,271

Average Tuition

$76,553

Average Starting Salary

559

Average GMAT Scores

215%

Average Graduate ROI

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