2025 Best Ranked MBA Programs

The average MBA tuition varies significantly by state, ranging from a low of $14,503 in South Dakota to a high of $103,312 in New Hampshire. Other notably affordable states for an MBA include $38,995 in Colorado, $59,093 in California, $37,995 in Texas and $37,711 in Florida. On the high end is the state of New Hampshire at $103,312 followed by $83,309 in District of Columbia and $74,395 in Massachusetts.

Some states show a very wide range between the minimum and maximum tuition costs of MBA programs in the state. For example, minimum tuition in Texas is just $11,030 from University of Houston-Victoria while the maximum is $139,081 from Rice University. California also has a large spread, with in-state tuition ranging from $165,591 at Stanford University to a low of $7,176 from California State University, Bakersfield.

These programs stand out for their accreditation, low-tuition costs, high return on investment (ROI), and quality education. Our ranking methodology for the most affordable and value-packed MBA programs considered factors such as tuition costs, average graduate salaries, program reputation, and student satisfaction scores.

If you are looking for the best AACSB online MBA programs with the highest ROI that start at $7,176 and average about $21,000 across all 50 states, explore our rankings below:

Best MBA Programs by State: Online and In-Person

What are the Best Online MBA Programs in each state? Our ranking methodology considered factors such as tuition costs, average graduate salaries, program reputation, Student / Faculty, student satisfaction scores, 3rd rankings and more.