Are you looking to earn an MBA online on a budget? Look no further. The programs highlighted on this page are all offered online and offer an affordable tuition. MBA programs teach students many skills that help them earn promotions, change careers, or obtain high-level business positions. Some graduates may even have the skills to start their own business, since many programs cover financial and accounting topics. Most MBA programs can be completed in about two years. Some schools on this list offer accelerated options which allow students to earn their degree in even less time. Part-time learners will often take longer than the average of two years, but online programs are ideal for learners who must maintain work and family responsibilities.
This ranking is designed to find the best and most affordable online Master's of Business Administration degrees available. A list of over 470 schools was obtained and evaluated first on their MBA program's distance format. Then each program was vetted based on their accreditation. Accreditation directly affects a degree's value and program brand recognition, and thus the competitive advantage of each alumni in the job market. Every program included in this ranking is regionally accredited by one of the six accrediting agencies recognized by the US Department of Education, and additionally holds an accreditation by one of the top three business school accrediting institutions: IACBE, ACBSP, and AACSB-International. Then the ranking order is 100% reliant upon the estimated tuition cost of the program. The tuition information was gathered from the most recent data available on each online MBA program or school website. This financial data was calculated for the entirety of the degree, but does not included fees, books, or room and board, with the exception of programs that only offer all-inclusive figures. In the event that a school offers a lower in-state tuition cost, the in-state pricing was used. The average tuition cost from this affordability ranking is $10,239.
#1 Texas A&M University-Kingsville College of Business Administration – Kingsville, Texas
This online MBA consists of 21 core credits and nine elective credits. Students will take courses in economics and managerial decision making, information systems and business analytics, accounting and value creation, and marketing management. This is one of the cheapest online MBA programs. Each course is worth three credits. The courses in this program prepare students for advanced business positions. Graduates are prepared for managerial roles.they live this mission out by serving an ethnically and culturally diverse community and by placing an emphasis on challenging educational programs that reflect high standards of academic performance.
Estimated Program Tuition: $5,380
#2 Angelo State University College of Business – San Angelo, Texas
Angelo State offers one of the cheapest online MBA programs. Students can complete the program in a hybrid or completely online format. Most students must have at least a 2.5 GPA to apply. Learners will take courses in accounting, marketing, management, finance, economics, law, data analytics, and management information systems. Full-time students can complete the program in about two years. Angelo State is located in San Angelo, Texas. Graduates are prepared high-level business positions, and professionals will leave with the skills for possible promotion.
Estimated Program Tuition: $6,426
#3 Fayetteville State University College of Business and Economics – Fayetteville, North Carolina
Estimated Program Tuition: $6,591
#4 Augusta University James M. Hull College of Business – Augusta, Georgia
MBA students at Augusta University must complete at least 30 credits to graduate, which takes one to two years. Part-time students may take longer to complete the program. Students have the option to complete this program on campus and through a hybrid format as well. Required courses include accounting systems, national and international economics, managerial finance, organization behavior, managerial leadership, and marketing management. The University is located in Augusta, Georgia. Graduates leave the program with critical-thinking skills that allows them to obtain advanced business positions.
Estimated Program Tuition: $6,660
#5 University of North Carolina at Pembroke School of Business – Pembroke, North Carolina
UNC – Pembroke offers multiple accelerated online MBAs, which are considered some of the cheapest online MBAs in the state. Learners can earn this MBA with a concentration in supply chain management, financial services, and business analytics. Students have the ability to complete this program in one year, and all requirements can be completed online. The general curriculum teaches students accounting and finance skills. Graduates are prepared for many business careers, and each concentration better prepares for more specialized ones.
Estimated Program Tuition: $6,741
#6 Tarleton State University College of Business Administration – Stephenville, Texas
Estimated Program Tuition: $7,013
#7 Georgia Southwestern State University School of Business Administration – Americus, Georgia
Estimated Program Tuition: $7,710
#8 Louisiana Tech University College of Business – Ruston, Louisiana
Louisiana Tech's online MBA does not offer any concentration, but is still considered one of the cheapest online MBAs. Students can also take this program in a hybrid format. Online courses include accounting analysis for decision making, financial management, information resource management, marketing management, and organizational behavior. The school is located in Ruston, Louisiana. Students may be required to submit GMAT scores. Undergraduate applicants should have a GPA of at least 2.75
Estimated Program Tuition: $7,740
#9 West Texas A&M University College of Business – Canyon, Texas
West Texas A&M University offers an online MBA that requires applicants to have at least a 3.0 GPA. Depending on what emphasis students choose, they will have to earn between 31 and 46 credits to graduate. The core MBA courses consist of 28 credits. Core subjects include accounting, quantitative analysis, computer applications, and more. Core courses include accounting for decision making, quantitative analysis in business, information technology management, and financial management. Emphases include general business, computer information systems, management, and marketing.
Estimated Program Tuition: $7,742
#10 Henderson State University College of Business – Arkadelphia, Arkansas
The MBA program from Henderson State University is one of the cheapest online MBAs. Students must complete at least 32 credits to graduate. Three concentrations are offered; students can earn a general MBA, a concentration in accounting, and a concentration in public and nonprofit management. Most applicants are expected to have taken some courses in business. Full-time students can complete the program in about one year, but they will be required to complete some coursework on campus; 70% of the program is completely online.
Estimated Program Tuition: $8,070
#11 Eastern New Mexico University College of Business – Portales, New Mexico
Estimated Program Tuition: $8,077
#12 Texas A&M International University A. R. Sanchez, Jr. School of Business – Laredo, Texas
Estimated Program Tuition: $8,220
#13 University of Texas of the Permian Basin College of Business – Odessa, Texas
UTPB's online MBA can be completed in about one year. Multiple concentrations are offered which require students to earn more credits, but the general MBA requires 30-36 credits. Emphases include finance and accounting. Applicants can get the GMAT requirement waived if they have at least a 3.25 GPA. The program is AACSB accredited. General MBA courses include accounting analysis, financial management, production and operation management, organizational behavior, and marketing management. Graduates are prepared for high-level business positions.
Estimated Program Tuition: $8,310
#14 Midwestern State University Dillard College of Business Administration – Wichita Falls, Texas
Midwestern State University, located in Wichita Falls, Texas, offers an online MBA. The program is AACSB accredited. Most courses are three credits. Online MBA courses consist of cost analysis and control, advanced applied business analytics, applied business statistics, and managerial economics. Graduates are prepared for many business positions; some will go on to start their own business, while others will become managers.
Estimated Program Tuition: $8,340
#15 Arkansas State University – Jonesboro, Arkansas
Arkansas State University's online MBA is perfect for working professionals or those with other responsibilities. Applicants will need to submit GMAT or GRE scores. Prerequisite courses include survey of accounting, survey of law, and survey of statistics. Students must complete at least 33 credits. This consists of 27 core hours and six hours of electives. Concentrations include supply chain management and finance.
Estimated Program Tuition: $8,520
#16 New Mexico State University College of Business – Las Cruces, New Mexico
New Mexico State University offers an online MBA that can be completed in about two years. Coursework is offered synchronously and through a hybrid format. Students must complete at least 36 credits. Applicants should have already completed some business courses. Learners will complete about 12 courses, which includes managerial accounting, business information systems, legal environment of business, management economics, and organization behavior and management. The program will accept up to nine credits from transfer students.
Estimated Program Tuition: $8,780
#17 Prairie View A&M University College of Business – Prairie View, Texas
PVAMU offers one of the cheapest online MBAs. The program teaches students many of the critical skills that are necessary to obtain high-level management positions. Graduates are also prepared to start their own business and become entrepreneurs. The program is AACSB accredited. Courses consist of managerial accounting, managerial communications, management information systems, theory of financial management, and quantitative analysis. Students can begin in the summer, fall, or spring.
Estimated Program Tuition: $9,001
#18 Texas Woman's University School of Management – Denton, Texas
Texas Women's University offers five online MBAs through a hybrid format. Students can earn the degree with a concentration in accounting, business analytics, healthcare administration, human resources management, or management. The accounting concentration can be completed in 15 months. Courses are completed in five-week formats. Learners have the option of earning a four-plus-one MBA, which allows them to earn their BBA along with their MBA. Graduates are prepared to become financial managers, top executives, person financial advisers, and managements analysts. No GMAT or GRE scores are required for admission. Learners can begin in the fall, spring, or summer.
Estimated Program Tuition: $9,344
#19 Missouri State University College of Business – Springfield, Missouri
Missouri State University's online MBA can be completed completely online. Tuition is the same for in-state and out-of-state learners. Most students must submit GRE or GMAT scores. Students with a 3.25 GPA can get the GMAT and GRE scores waived. The curriculum contain 18 hours of core courses. This includes courses in accounting concepts, fundamentals of economics, managerial finance, statistical methods, and legal environment for business managers.
Estimated Program Tuition: $9,405
#20 University of the Cumberlands Hutton School of Business – Williamsburg, Kentucky
Estimated Program Tuition: $9,450
#21 University of Nebraska at Kearney College of Business and Technology – Kearney, Nebraska
UNK's online MBA is a mixture of online and on-campus courses. The program is AACSB accredited and consists of 33 credits. Core classes include managerial accounting systems, financial administration, leadership and organizational behavior, and strategic analysis and decision making. Most courses are worth three credits. Program concentration include accounting, human resources, human services/nonprofit management, and marketing.
Estimated Program Tuition: $9,669
#22 University of Houston-Victoria School of Business Administration – Victoria, Texas
University of Houston offers four online MBA programs, which are considered some of the cheapest online MBA degrees. Offerings include a bridge global MBA, a global MBA, a bridge strategic MBA, and a strategic MBA. All programs can be completed completely online. Students must earn 36 to 39 credits, and boths programs can also be completed in about 18 months. Both programs are also AACSB accredited.
Estimated Program Tuition: $9,686
#23 New Mexico Highlands University School of Business, Media and Technology – Las Vegas, New Mexico
New Mexico Highland University's online MBA program consists of 36 credits, and is also one of the cheapest online MBAs. Students who do not meet the prerequisite requirements must finish them before being accepted into the program. Graduates are prepared for positions of leadership. They are also prepared to work for nonprofits. Students will partake in case studies. Applicants must have at least a 3.0 GPA.
Estimated Program Tuition: $9,721
#24 University of Central Arkansas College of Business – Conway, Arkansas
Applicants to the University of Central Arkansas' online MBA must submit GMAT or GRE scores and have an undergraduate GPA of at least 2.75. Learners must complete at least 30 credits to graduate, which consists of 21 credits of core courses and nine credits of electives. Courses include information technology manager, financial decision making, marketing strategy, strategic management, and operation management. Elective include fundamentals of risk and insurance, bank management, investments, international finance, and project management.
Estimated Program Tuition: $9,750
#25 Southern Arkansas University David F. Rankin College of Business – Magnolia, Arkansas
Southern Arkansas University, which offers one of the cheapest online MBAs, offers an online MBA that requires students to earn 30 credits. Most students take about two years to complete the whole program. In-state students pay a lower tuition than out-of-state students. Learners will take courses in accounting, finance, management, and marketing. Graduates are effective communicators and prepared to lead businesses.
Estimated Program Tuition: $9,960