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Top 50 Most Affordable MBA Programs 2019

Earning a Master’s of Business Administration degree prepares students to build upon their general business undergraduate degrees or business foundation classes and allows them to specialize in high demand business fields. This comprehensive degree prepares graduates to take on leadership roles within their organization or advance to new heights with other opportunities. Individuals who studied another subject in college often choose an MBA to prepare for a new career in management.

Universities are continually reviewing and expanding their program offerings and electives to make this degree flexible and accessible, while still integrating core business skills and cutting edge tools that make this degree a staple in business management. When considering an MBA program, students should weigh the cost, program quality, and the specializations available. The programs included on this ranking are all highly accredited and very affordable. Making this list an excellent place to begin the search for the perfect Master’s of Business Administration program.

Note: A detailed explanation of the methodology we used to determine the Most Affordable MBA programs can be found at the end of the ranking.

#1 (Tied) Naval Postgraduate School Graduate School of Business and Public Policy – Monterey, California


The Naval Postgraduate School offers an unmatched Master’s of Business Administration. This MBA tops our list with unique graduate-level courses specifically tailored to the defense community, with national recognition and no cost tuition for active United States Navy and United States Marine Corps members.

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The Naval Postgraduate School’s Graduate School of Business and Public Policy offers an elite Master’s of Business Administration with accreditation through the Association to Advance Collegiate Schools of Business. Their unique MBA curriculum is formatted to meet the needs of Department of Defense civilian employees, U.S. Navy officers, and defense contractors. Within the program, students will develop superior analytical skills and expertise in areas of financial management, information management, logistics, and acquisitions. The faculty includes experts from both the military and civilian workforce. The school houses the Center for Defense Management Research where faculty and students explore solutions for defense business management challenges. The MBA requires 18 months to complete and includes concentration options in Acquisition Management, Defense Management, Financial Management, Information Management, and Logistics Management. All students attend full-time as part of their employment or military service with tuition being waived for all active United States Navy and United States Marine Corps members.

The Naval Postgraduate School is operated and run by the United States Navy in Monterey, California. They carry regional accreditation with the Western Association of Schools and Colleges, Senior College and University Commission and offer a variety of high-quality degrees; all focused on the increasing combat effectiveness and security in the United States. The Graduate School of Business and Public Policy offers a Master’s of Business Administration with several concentration options. To apply, students must review the eligibility requirements for armed forces officers, enlisted armed forces members, and civilians. They will then need to submit an online application complete with GRE scores and one copy of official transcripts from each university attended.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#1 (Tied) University of Massachusetts Amherst Isenberg School of Management – Amherst, Massachusetts


At the University of Massachusetts Amherst students can earn a highly-respected Master’s of Business Administration degree. This program receives a top place on our ranking because of its exceptional value and outstanding reputation within the education community.

Photo courtesy of The University of Massachusetts Amherst
Students can earn a recognizable Master’s of Business Administration degree at the University of Massachusetts Amherst. The Isenberg School of Management’s MBA holds accreditation through the Association to Advance Collegiate Schools of Business and is frequently recognized among the best programs in the U.S. by the leading ranking systems. Recognition from these ranking systems assures students that this program is a wise investment that will make an impact on their future career. The UMass Master’s of Business Administration program is offered in a fully online, hybrid, or full-time on-campus format. All options are designed to help busy students find success both academically and in reaching their goals. One way that UMass helps students achieve these goals is by offering a fully funded Fellowship program to all full-time MBA students. This Fellowship program provides full tuition support, a stipend, and health care benefits, as well as access to an influential alumni network and many experiential learning opportunities.

The University of Massachusetts Amherst is a four-year, public school, research university that offers over 100 undergraduate, 75 master’s and 45 doctoral programs to over 30,000 students each year. They hold regional accreditation from the New England Commission of Higher Education and are consistently named among the top schools in the nation. UMass Amherst is the flagship campus of the University of Massachusetts system and offers degrees through nine schools and colleges including the Isenberg School of Business. To apply to this elite MBA prospective students must submit a full application, which will include two letters of recommendation, GMAT or GRE scores, current and professional resume, transcripts from all universities attended, and a personal essay.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#3 Texas A&M International University A.R. Sanchez, Jr. School of Business – Laredo, Texas


The A.R. Sanchez, Jr. School of Business at Texas A&M International University offers a distinguished MBA. Students will appreciate this program’s economical price-point and notable brand.

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Students at Texas A&M International University can earn a Master’s of Business Administration degree with prestigious accreditation through the AACSB. The MBA offered through the A.R. Sanchez, Jr. School of Business is 30 credits in length and includes a variety of classes such as core courses in Business Research Methods, Strategic Methods, Financial Statement Analysis, and Managerial Economics. Outside of the core courses students are then able to choose three to four classes within their concentration choices of International Business, International Banking, International Trade and Logistics, and Management. Most options are offered both online and on-campus formats with a focus on fine-tuning students pre-existing skill sets and advancing critical thinking skills. Texas A&M International University’s MBA is an excellent investment for those looking for a high-quality program at a very reasonable price point of significantly less than $14,000.

Texas A&M International University is a stand-out member of the Texas A&M University system. The University is regionally accredited by the Southern Association of Colleges and Schools, Commission on Colleges. TAMIU is a four year, public, university that educates just over 7,500 students each year. Their modern campus sits on 300 acres in Laredo, Texas and includes four colleges that offer over 35 undergraduate degrees and 12 graduate level degrees. The A.R. Sanchez, Jr. School of Business provides a well-rounded Master’s of Business Administration degree that is held in high regard in the business education community. To apply, applicants must submit GMAT/GRE scores, an online application along with official transcripts from all universities attended, one-page statement of purpose, current and professional resume, and two letters of recommendation.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#4 Indiana State University Scott College of Business – Terre Haute, Indiana


The Scott College of Business at Indiana State University offers an elite Master’s of Business Administration program at an economical tuition cost. This MBA has a reputation for preparing students for leadership careers in the business industry.

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Indiana State University’s Scott College of Business offers a top-notch Master’s of Business Administration degree through the Scott College of Business. The program is 33 credit hours in length and carries elite accreditation with the Association to Advance Collegiate Schools of Business. Classes can be taken on a part- or full-time basis and typically meet one night a week on campus. Before starting, students must have completed Statistics. Once admitted, they will work on business-relevant classes such as Management Accounting, Advanced Management Practices, Strategic Financial Decisions, and Managing the Strategic Workforce. Students are encouraged to use their elective courses to participate in a global experience and complete their degree with a unique capstone course focused on analyzing information and problem solving from a variety of angles. ISU’s Master’s of Business Administration degree is offered at one of the lowest price-points on our list. They can additionally be seen among many of the leading ranking systems in the nation, assuring prospecting students that their affordable tuition rates will not mean a sacrifice in program quality.

Indiana State University is a four-year, public school with regional accreditation through the Higher Learning Commission. The University is located in Terre Haute, Indiana and has an annual student body enrollment of over 13,500 students. ISU houses over 80 undergraduate majors, 75 graduate degree programs, and more than 100 minors, certificate, and licensure programs through seven academic colleges. Graduate students seeking an MBA can earn their degree through the well-respected Scott College of Business. Students interested in this MBA program must submit an online application, copies of official transcripts from all universities previously attended, a statement of purpose, resume or CV, and GMAT/GRE scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#5 Albany State University College of Business – Albany, Georgia


Albany State University offers a well-rounded Master’s of Business Administration program. This degree is both affordable and highly accredited.

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Students can earn their MBA degree through the College of Business Albany State University. The program holds esteemed accreditation with the Accreditation Council for Business Schools and Programs and offers tuition rates significantly less than $14,000. Albany State’s MBA is 30-33 credits long and provided as a general MBA or with concentrations in Accounting, Healthcare, Supply and Chain Logistics, or Public Administration. While each program offers a unique focus on the Master’s of Business Administration all options include relevant courses such as Financial Management, Organizational Behavior and Effectiveness, Marketing Management, and Economics for Managers. The average student to faculty ratio at Albany State University is 19:1 with over half of the class offerings containing less than 20 students. Small class sizes, respected accreditations, and very affordable tuition rates are just a few of the things that make the MBA at Albany State University a great option for anyone looking to earn their graduate degree in business.

Albany State University is a four year, public, historically black university. With over 6,500 students, Albany State is the largest of the three historically black universities within the University of Georgia system. While the main campus is located on 206 acres in Albany, there are two additional campuses in West Albany and Cordele. They carry regional accreditation through the Southern Association of Colleges and Schools, Commission on Colleges and offer a variety of degrees through five academic colleges. The College of Business offers an elite and budget-friendly MBA. Applicants are required to submit a 1,000-word statement of purpose, two letters of recommendation, an online application, and official transcripts from all universities previously attended.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#6 Savannah State University College of Business Administration – Savannah, Georgia


Savannah State University students can earn an economical and accredited Master’s of Business Administration degree. This program made an excellent addition to our list because of their high standing in the business education community.

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Students at Savannah State University can earn a Master’s of Business Administration degree with renowned accreditation through the AACSB. The program can be completed in 30 credit-hours on a part-time basis with evening classes on campus. Students will appreciate a well-rounded curriculum with courses such as Managerial Finance, Management Information Systems, Organizational Leadership, and Marketing Management. Savannah State is committed to delivering high-quality programs to a diverse student population. This commitment is shown through their affordable tuition rates of significantly less than $14,000, as well as, mentoring, community involvement projects, applied research, and exceptionally qualified staff.

Savannah State University is a four-year, public, historically black university that was established in 1890. The University carries regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges and serves a select group of under 5,000 students each year. The campus sits on 210 acres with three colleges making up the University. The College of Business Administration offers a Master’s of Business Administration. Students interested in applying this rigorous program must submit an online application complete with one 500-1,000 word essay, transcripts from each university attended, three letters of recommendation, current resume, and official GMAT/GRE scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#7 Angelo State University College of Business – San Angelo, Texas


Students can earn an accredited MBA at Angelo State University. Angelo State’s MBA offers extremely affordable tuition while still maintaining high accreditations and prestige within the business education community.

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Students can earn an affordable and established Master’s of Business Administration degree from the College of Business at Angelo State University. The estimated base tuition cost of the MBA program at Angelo State is one of the lowest of our list, significantly less than $14,000. Even with the low tuition, the University shows a commitment to excellence. The Master’s of Business Administration program is no exception to this standard, offering many opportunities for student success with both online and hybrid options. The program holds prestigious business accreditation with the Accreditation Council for Business Schools and Programs. This accreditation attests to the school’s high standards in teaching and business education. Angelo State’s MBA is 30 credit-hours in length and is open to all undergraduate backgrounds. The curriculum is interdisciplinary and covers a variety of topics including marketing, management, accounting, finance, the legal and social environment of business, economics, data analytics, and management information systems.

Angelo State University is a public, four-year university, and a member of the well-respected Texas Tech school system. The Angelo State campus is located in San Angelo, Texas, a small town in the heart of the Lone Star State. The University serves close to 10,500 students annually and offers over 100 majors and concentrations at the bachelor’s, master’s, and doctoral level. The University carries regional accreditation with the prestigious Southern Association of Colleges and Schools, Commission on Colleges and the College of Business at Angelo State offers a distinguished Master’s of Business Administration degree. Applicants must have a bachelor’s degree from an accredited university with a GPA of 2.5 or better. A GMAT score of 430, or GRE equivalent, is also required.

Business Accreditation: ACBSP 
Affordability Score: Very Affordable

#8 Augusta University James M. Hull College of Business – Augusta, Georgia


The Hull College of Business at Augusta University offers a very affordable Master’s of Business Administration degree. This MBA also holds elite accreditation and is offered in several flexible formats.

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Students at Augusta University can earn their Master’s of Business Administration degree through the distinguished Hull College of Business. The program holds accreditation with the Association to Advance Collegiate Schools of Business and is offered at a very affordable price point of less than $14,000. The Hull MBA is 30 credit-hours in length, recently updated, and offered on a flexible timeline between 12-24 months. A few of the courses included within the degree plan include Managerial Finance, Marketing Management, Management of Information Technology, and Business Analytics for Managers. Students can choose to complete their degree either in the evenings with face to face classes, hybrid format, weekend classes, or entirely online. The learning goals for this top-notch program include improving overall business competency, critical thinking skills, and business professional skills. Those looking to advance their career through higher education will appreciate this program’s focus on relevant skills, as well as, their convenient scheduling options and competitive price point.

Augusta University is a four year, public, research university located in Augusta, Georgia. Each year the University educates close to 8,500 students through their ten highly respected colleges and schools. Augusta University holds regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges and the Hull College of Business is well-respected within the business education community. The Hull MBA was recently redesigned in 2016 and offers students the skills needed to compete in today’s ever-changing business world. Those interested in applying to the MBA will need to submit an online application which will include official transcripts from all universities attended, three letters of recommendation, GMAT/GRE scores, and curriculum vitae or resume.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#9 Texas A&M University-Corpus Christi College of Business – Corpus Christi, Texas


Texas A&M University-Corpus Christi offers an accredited Master’s of Business Administration. This program made an excellent addition to our list because of their high academic standards and very affordable tuition rates.

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The Master’s of Business Administration program at Texas A&M University-Corpus Christi is highly accredited by the AACSB. This 30 credit hour program includes relevant course topics such as Operations Management, Accounting Topics, Administrative Strategy and Policy, and Software-Based Business Solutions. Students are not required to choose an area of concentration, but Finance, Healthcare Administration, and International Business are available for those who wish to further specialize their degree. The College of Business at TAMU-CC is recognized for its Coastal Bend Business Innovation Center which allows business students to participate in partnerships with companies such as Citgo and American Bank. Students will appreciate the many opportunities for professional networking and internships, as well as, the program’s tuition rates that fall far below $14,000.

Texas A&M University-Corpus Christi is a distinguished member of the Texas A&M University system. The University was established in 1947 and holds regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges. They provide a wide array of undergraduate and graduate programs to nearly 12,500 students each year. The College of Business offers a well-recognized Master’s of Business Administration program. MBA applicants need to complete the Texas Common Application and submit official transcripts from all universities attended, GMAT/GRE scores, Resume or curriculum vitae, and an essay expressing educational and professional goals.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#10 Midwestern State University Dillard College of Business Administration – Wichita Falls, Texas


Midwestern State University offers a well-respected Master’s of Business Administration degree. Students at Midwestern State will appreciate this program’s comprehensive curriculum and economical tuition rates.

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At Midwestern State University students can earn a Master’s of Business Administration degree through the Dillard College of Business Administration. This program is offered at a very affordable tuition rate of less than $14,000 and carries esteemed accreditation through the Association to Advance Collegiate Schools of Business. Students can complete Midwestern State’s MBA either on-campus of fully online in 33 to 57 credit hours. The curriculum is, and the core coursework includes classes such as Current Issues in Organizational Behavior, Financial Administration, Advanced Applied Business Statistics and Information Technology Management. Outside of core courses, students may choose a concentration in Energy Management or Accounting. Students who obtained their undergraduate degree in a field outside of business are welcome to apply and will be able to choose between a six-credit-hour MBA foundations course or completing 27 credit-hours of individual courses such as Managerial Accounting, Business Finance, Principles of Marketing, and Macroeconomics Principles.

Midwestern State University is a four year, public, liberal arts university that was established in 1922. The University holds regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges and serves a close-knit student body of just over 6,000 annually. There are nine graduate programs offered including a Master’s of Business Administration through the Dillard College of Business Administration. Students interested in applying to Midwestern State’s comprehensive MBA program are encouraged to meet with a graduate coordinator and submit an online application. Within the application students will need to request official transcripts from all universities attended and submit GRE/GMAT scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#11 University of Texas of the Permian Basin College of Business and Engineering – Odessa, Texas


The University of Texas of the Permian Basin offers a very affordable MBA. This program is accredited and well-respected in the business education world.

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Students at the University of Texas of the Permian Basin can earn an MBA that is accredited by the AACSB through the College of Business and Engineering. UTPB’s Master’s of Business Administration program is 30 to 42 credits in length and offered as a General MBA, with an Accounting emphasis, or with an optional certificate in Energy Business, Health System and Policy Management, or Finance. These options can all be completed on campus and include business-focused courses such as Productions and Operations Management, Strategic Management, Organizational Behavior, and Legal Environment of Business. There is additionally an online MBA that allows students to complete their degree at their convenience and in as little as 12 months. Budget conscience students will appreciate the many degree options offered at well below $14,000.

The University of Texas of the Permian Basin is a four year, public, university located in Odessa, Texas. UTPB is an elite member of the greater University of Texas system and holds regional accreditation through the Southern Association of Colleges and Schools, Commission on Colleges. They serve just over 7,000 annually with a variety of bachelor’s and master’s degrees offered through five established schools and colleges. Students can earn an accredited and budget-friendly Master’s of Business Administration through the College of Business and Engineering. To apply, applicants need to complete the program’s online application, be prepared to submit transcripts from all universities previously attended, and send in GMAT scores. Once admitted to the MBA, students will be evaluated for statistical literacy and may need to complete a statistical literacy course before moving on to other coursework.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#12 Tarleton State University College of Business Administration – Stephenville, Texas


Students at Tarleton State University can earn an accredited MBA degree. This program has an affordable price point and high standards for business education.

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The Master’s of Business Administration program at Tarleton State University is both accredited and affordable. The College of Business Administration carries respected accreditation with the Accreditation Council for Business Schools and Programs and offers their MBA at a low cost between $0 and $13,999. The program is 30 credit-hours in length with relevant courses such as Business Problems, Accounting Management, Financial Management, and Marketing Economics. Students have an option to complete their degree in a 12-month Fast-Track format that puts students on an intensive schedule to finish their full degree within three semesters. Or the Traditional Track gives students more flexibility and an 18 month graduation time frame. The MBA at Tarleton State is budget friendly, accredited, and designed to prepare students to make critical business decisions, develop business leadership skills, and fine tune analytical problem-solving skills.

Tarleton State University is a four year, public, university that is a proud member of the greater Texas A&M University system. The University is located just outside of the Dallas/Fort Worth area and educates over 13,000 students annually. They hold regional accreditation through the Southern Association of Colleges and Schools, Commission on Colleges and offer over 20 graduate level degrees including a well-respected Master’s of Business Administration offered through the College of Business Administration. Students applying to this elite program will need to fill out an online application which will include a 600-word essay, official transcripts from all universities attended, and GMAT/GRE scores.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#13 Valdosta State University Harley Langdale, Jr. College of Business Administration – Valdosta, Georgia


Valdosta State University offers a budget conscience Master’s of Business Administration degree. This program makes our list with its economic tuition rates and esteemed accreditations.

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At Valdosta State University students can earn a Master’s of Business Administration degree for the very affordable price of less than $14,000. This program is a great financial choice and also carries accreditation through the renowned Association to Advance Collegiate Schools of Business. The curriculum for the Valdosta State MBA consists of 30 credit hours of courses completed on-campus in the evening. Students choose three electives along with core-courses such as Managerial Accounting, Marketing Strategies, Leadership Motivation, and Strategic Management. While many students take classes part-time, the option is available to complete the program in one year with an advanced schedule. The Master’s of Business Administration program at Valdosta State University offers students the convenience of quick graduation time, affordability, and a well-respected program that is sure to help kick-start future career goals.

Valdosta State University is one of four universities that make up the respected University System of Georgia. The 168-acre campus sits in the center of Valdosta, Georgia and serves nearly 12,000 students each year. The University holds regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges and houses a wide array of undergraduate and graduate degrees. Students can earn a top-notch MBA through the Langdale College of Business Administration. To apply, applicants need to submit an online application and submit GMAT scores, transcripts from all universities previously attended resume, and essays. Additionally, some students may need to complete the following prerequisite courses Principles of Accounting I, Principles of Accounting II, Applied Business Statistics, and Financial Management.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#14 Louisiana Tech University College of Business – Ruston, Louisiana


Students of Louisiana Tech University have several flexible options to complete their Master’s of Business Administration degree. This program is well respected and offered at a very affordable price point.

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The Master’s of Business Administration program at Louisiana Tech University holds elite accreditation with the Association to Advance Collegiate Schools of Business. The MBA is offered at a very affordable tuition rate of less than $14,000 and gives students several options to fit their scheduling needs. MBA formats available at Louisiana Tech include Traditional MBA, Professional Online MBA, Hybrid MBA, and Executive MBA. The Traditional MBA has excellent options for students with the time flexibility to attend on-campus classes and offers concentrations in Finance, Information Assurance, Innovation, Marketing, and Six Sigma. The Professional Online MBA provides a very similar curriculum to the Traditional MBA but with the flexibility of completing all coursework online. The Hybrid program can be completed in 24 months and includes a combination of online and on-campus components. This option is ideal for students who excel with face to face contact but need flexibility in their schedule as well. The 30 credit hour Executive MBA is specifically designed for students with pre-existing managerial experience. The program focuses on collaboration and building on each student’s real-world experiences.

Louisiana Tech University is a four year, public, research university that holds regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges. The University is made up of five academic colleges and serves nearly 13,000 students annually. The College of Business at Louisiana Tech gives graduate students many ways to earn their Master’s of Business Administration. Those interested in applying to any of the conveniently formatted programs are encouraged to submit an online application with official transcripts from all universities attended, GMAT scores over 450, GPA of 2.75 or higher, and references. Depending on undergraduate background some students may be required to complete basic business foundation courses before entering into the program.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#15 Texas A&M University – Central Texas College of Business Administration – Killeen, Texas


At Texas A&M University-Central Texas students can earn an accredited MBA. This program stood out on our ranking due to their affordable tuition and high standards for business education.

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The College of Business Administration at Texas A&M University-Central Texas offers a Master’s of Business Administration degree with respected accreditation through the Accreditation Council for Business Schools and Programs. The 36-credit hour program offers areas of emphasis in Computer Information Systems, Management and Leadership, Human Resource Management, Healthcare Administration, International Business, and Marketing. The curriculum for the MBA at TAMU-CT offers a unique approach based on real-world situations and problem-solving skills. Students in the program will complete relevant courses such as Accounting and Management, Management Information Systems, Organizational Behavior, and Business Strategy, all with a focus on building leadership, decision-making, and critical-thinking abilities. Some students are required to complete prerequisite coursework in the areas of Accounting, Finance, Management, Marketing, and Statistics. However, this requirement is looked at on an individual basis. Those looking to complete their graduate degree on a budget will appreciate Texas A&M-Central Texas’ competitive tuition rates that fall between $0 to $13,999 for the program in its entirety.

Texas A&M University-Central Texas is another member of the Texas A&M University system. The campus is located in Killeen, Texas and offers a personalized experience to the over 2,500 students that they serve annually. Mature students will appreciate that TAMU-CT is an upper division college offering only bachelor’s and master’s level degrees starting at the junior level. Nearly 40% of the University’s students are affiliated with the US Military making the school very veteran friendly. There are three colleges on campus including the College of Business Administration which offers an MBA that is focused on helping students reach their career goals. To apply to this top-notch program prospective students will need to submit an online application which will include a 200-300 word essay addressing academic and career goals, official transcripts from all universities previously attended, and GMAT/GRE scores.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#16 West Texas A&M University College of Business – Canyon, Texas


Students at West Texas A&M University can earn an accredited Master’s of Business Administration degree in as little as two years. This program is highly recognized in the education community and offers very competitive tuition rates.

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West Texas A&M University offers a Master’s of Business Administration program with accreditation through the distinguished AACSB. The program length is between 31 to 46 credit hours based on each applicant’s academic background. Some students, depending on their undergraduate experience, may be required to take foundation courses in the areas of Management, Corporate Finance, Financial Accounting, Statistics, Economics, Marketing, or Business Law. Once foundation coursework is completed students will then move on to 28 credits of core courses in accounting, quantitative analysis, computer applications and technology, corporate finance, management, and more. WTAMU graduates can expect to improve in the areas of professional communication, leadership, business environment, and business integration, all at a very affordable price point of less than $14,000. This program can also be completed entirely online, on campus, or in a combination of both, which makes it a prudent choice for those looking for affordability and flexibility as they complete their graduate degree.

West Texas A&M University is a proud member of the greater Texas A&M University system. The University is located in Canyon, Texas, just a short drive from Amarillo and serves approximately 10,000 students each year. WTAMU carries regional accreditation with the Southern Association of Colleges and Schools, Commission on Colleges. They offer associates through doctoral degrees through five colleges and a graduate school, including the highly recognized College of Business. Those interested in applying to the Master’s of Business Administration program at West Texas A&M will need to submit an online application, as well as transcripts from all universities previously attended reflecting a minimum of 3.0 GPA, GMAT scores, three letters of recommendation, a resume showing career progression, and a statement of goals for pursuing a graduate business degree.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#17 University of Nebraska at Kearney College of Business and Technology – Kearney, Nebraska


Students at the University of Nebraska at Kearney can pursue an MBA without breaking the bank. This program stood out on our ranking because of their excellent accreditations and very affordable tuition.

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A the University of Nebraska at Kearney students can earn a Master’s of Business Administration degree that holds prestigious accreditation with the Association to Advance Collegiate Schools of Business. The program is 33 credit-hours and designed to prepare students with the leadership, decision-making, and critical-thinking skills needed to manage today’s ever-changing business organizations. The core curriculum consists of relevant courses such as Managerial Accounting Systems, Leadership & Organizational Behavior, and Financial Administration. Students can additionally choose an area emphasis in General Business, Marketing, Human Resources, Accounting, or Human Services/Non-profit Management. UNK’s Master’s of Business Administration program is completed in a flexible hybrid format which mixes face to face class time with online components. This, along with an excellent tuition rate under $14,000, makes the MBA at the University of Nebraska at Kearney an excellent choice for anyone looking to complete their graduate degree affordably.

The University of Nebraska at Kearney is a proud member of the greater University of Nebraska System. The University was established in 1905 and has since grown to serve over 6,500 students each year. UNK is a four year, public university that carries regional accreditation through the Higher Learning Commission. The College of Business and Technology offers an excellent Master’s of Business Administration program with a flexible blended format. Those interested in applying have three deadlines to complete the online application that includes transcripts from universities attended with a minimum undergraduate GPA of 3.7. GMAT/GRE requirements are waived.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#18 University of North Texas College of Business – Denton, Texas


Students can earn their MBA in a variety of formats through the College of Business at the University of North Texas. This program is accredited, affordable, and offers a well-respected business curriculum.

Photo courtesy of The University of North Texas
The College of Business at the University of North Texas offers a highly-acclaimed MBA that has held accreditation with the AACSB for more than 50 years. This established Master’s of Business Administration program is frequently seen among the leading ranking systems and is offered at a very affordable tuition rate below $13,999. The UNT MBA is 36 credit-hours in length and provides an impressive 14 tracks of study. Options vary by focus, and some are offered entirely online while others are in an on-campus cohort format. A few of the tracks available include Business Analytics, Finance, Health Service Management, Supply Chain Analytics, Strategic Management, and Business Studies. While each program is unique, all of the options offer a well-rounded view of business and include courses in topics such as marketing, leadership, business decision process, and finance.

The University of North Texas is a four-year, public university, established in 1890. UNT holds regional accreditation from the Southern Association of Colleges and Schools, Commission on Colleges and offers over 100 bachelor’s degrees, 85 master’s degrees, and 35 doctoral degree programs through 12 schools and colleges to a large student body of over 38,000 each year. The University’s College of Business offers a distinguished, accredited, and affordable MBA program designed for business professionals pursuing leadership in the industry. Applicants must submit an online application, GMAT/GRE scores, current professional resume, one essay, official transcripts, and two letters of recommendation.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#19 Henderson State University School of Business – Arkadelphia, Arkansas


The School of Business at Henderson State University offers an accredited Master’s of Business Administration degree. The program made an excellent addition to our list because of their commitment to business education and affordable tuition pricing.

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At Henderson State University students can earn a budget-friendly and accredited Master’s of Business Administration. The 32 credit-hour MBA at Henderson State is accredited by the Association to Advance Collegiate Schools of Business, one of the premier accreditation agencies in business education. It can be completed either on campus in Hot Springs, Arkansas, online, or a combination of both making this a great option for busy working professionals. Courses within the program’s well-rounded curriculum cover topics such as management, economics, accounting, strategy, marketing, and information systems. Students may choose to complete a general MBA or concentrate in either Accounting or Public and Nonprofit Management. Henderson State’s Master’s of Business Administration program is designed to prepare executives for leadership and management positions in government, business, healthcare, as well as, many other in-demand industries. In addition to excellent accreditations and a flexible format, HSU offers their MBA at a very affordable tuition rate of less than $14,000.

Henderson State University is a four year, public, liberal arts university located in Arkadelphia, Arkansas. The University is regionally accredited by the Higher Learning Commission and serves a close-knit group of under 3,500 students each year. They offer a variety of associates, bachelor’s, and master’s degrees through five schools and colleges. The School of Business at Henderson State is well-respected and provides a distinct MBA experience. Those interested in applying to this flexible program are encouraged to complete an online application which will include completion of a four-year degree from an accredited institution, a minimum 2.75 overall undergraduate GPA or 3.0 on last 60 hours, and GMAT score of at least 400 or 470 Verbal/410 Quantitative.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#20 Eastern New Mexico University College of Business – Portales, New Mexico


Eastern New Mexico University’s College of Business offers an accredited Master’s of Business Administration degree. This program is budget friendly and high quality.

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At Eastern New Mexico University students can earn a Master’s of Business Administration that is accredited by the ACBSP. Before beginning this 30 credit hour program, prospective students will need to have completed the Common Professional Component which includes eight courses including but not limited to Principles of Microeconomics, Legal Environment of Business, Introduction to Financial Accounting, and Statistics Methods. After the Common Professional Component, students can apply and begin their MBA either on-campus or in a convenient online format. The program is very affordable with tuition costs well below $14,000 and includes a variety of courses such as Organizational Behavior and Management Theory, Managerial Economics, Integrative Management, and Law, Ethics and Social Responsibility.

Founded in 1927, Eastern New Mexico University was first a community college but over the years has grown and expanded their degree opportunities. Now offer many associates through master’s degrees to just over 6,000 students each year. The University carries regional accreditation with the Higher Learning Commission. ENMU is also federally recognized as a Hispanic-serving institution, as well as, a member of the Hispanic Association of Colleges and Universities. The campus is made up of four colleges and a graduate school. Students wishing to earn their Master’s of Business Administration will need to submit a full online application to the College of Business and be prepared to provide transcripts from all universities previously attended with an undergraduate GPA of at least 3.0 and GMAT scores of 450 or higher.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#21 Arkansas Tech University College of Business – Russellville, Arkansas


Students at Arkansas Tech University can earn a budget conscience MBA through the College of Business. This program carries strong accreditations.

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Students can earn a superior Master’s of Business Administration degree through the College of Business at Arkansas Tech University. This 30 credit-hour program combines affordability and excellence with its accreditation through the Association to Advance Collegiate Schools of Business and a very affordable price point between $0 and $13,999. The Arkansas Tech MBA is highly focused on analytical thinking and business decisions making skills. The curriculum reflects this and includes a variety of courses such as Research Methods, Industry Analysis, Strategic Marketing and Management, Decision Modeling, and Accounting Analysis. Although ATU is the third largest university in Arkansas they still manage to provide students with an impressive 18:1 student-teacher ratio. The small class sizes, well-recognized accreditations, and affordable tuition rates all make Arkansas Tech an excellent option for anyone looking to earn their graduate degree.

Arkansas Tech University is a four year, public, university that was established in 1909. The University serves over 11,500 students annually and holds regional accreditation through the Higher Learning Commission. There are six well-respected colleges on campus, including the College of Business which offers an elite on-campus Master’s of Business Administration degree. Before applying students will need to complete the following prerequisite courses Principles of Accounting I & II, Principles of Economics I & II, Business Finance, and Business Statistics. Once the prerequisites have been completed prospective students can fill out an online application and may earn either unconditional admission or conditional admission by meeting certain GPA and GMAT/GRE requirements.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#22 Georgia College & State University J. Whitney Bunting College of Business – Milledgeville, Georgia


Georgia College & State University offers an MBA with accreditation through the Association to Advance Collegiate Schools of Business. This program stood out on our ranking because of their well-rounded curriculum and affordable tuition rates.

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Students at Georgia College & State University can earn a Master’s of Business Administration degree through the Bunting College of Business. The program holds prestigious accreditation through the Association to Advance Collegiate Schools of Business. Students begin the MBA program with foundation courses in accounting, economics, statistics, and finance and then move into the Business Core which includes classes such as Commercial Law, Applied Decision Making, Applied Marketing, and Integrated Accounting. According to their website, graduates of the MBA program at Georgia College & State University frequently find employment in a variety of fields including CPA firms, profit-oriented health care facilities, corporate accounting, mental health care facilities, consulting management and engineering firms, mining plants, corporate communication firms and other private and public organizations. In addition to having an excellent record of career placement, the GCSU Master’s of Business Administration is offered at a very affordable tuition rate, less than $14,000.

Georgia College & State University is located in Milledgeville, Georgia. The University was chartered in 1889 as Georgia Normal and Industrial College and had a strong emphasis on educating females for teaching and industrial careers. Many things have changed at GCSU over the years, including being transitioned into a co-educational college in 1967. They are regionally accredited by Southern Association of Colleges and Schools, Commission on Colleges and educate nearly 7,000 students annually. There are many degree options offered, but students looking to earn a Master’s of Business Administration will find their match with the well-respected Whitney Bunting College of Business. To apply, prospective students must submit official transcripts from all universities previously attended, GMAT/GRE scores, and current resume.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#23 Arkansas State University College of Business – Jonesboro, Arkansas


At Arkansas State University students can earn a Master’s of Business Administration through the College of Business. This program is accredited and offered at an excellent price point.

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The Master’s of Business Administration program at Arkansas State University carries prestigious accreditation through the Association to Advance Collegiate Schools of Business. Students can complete this degree in 33 credit hours and have an opportunity to fine-tune their studies by choosing a concentration in Management Information Systems, Finance, Healthcare Administration, Marketing, Supply Chain Management, or International Business. The program is very affordable with pricing less than $14,000, and offered in both online and on-campus formats, making this a convenient degree, as well as a budget-friendly choice. To enter into this well-rounded MBA, students will need to complete several pre-requisite courses including Survey of Accounting, Survey of Finance, Survey of Microeconomics, Survey of Macroeconomics, Survey of Law, Survey of Statistics, and Survey of Operations Management. The courses can be taken at the graduate level or the undergraduate level, or a combination of both and do not count towards graduate level GPA for graduation purposes.

Arkansas State University has been serving students for over a century. The University is regionally accredited by the Higher Learning Commission and enrolls nearly 14,000 students each year. ASU’s Jonesboro campus is the flagship campus of the Arkansas State system. They are the state’s second largest college system by both size and enrollment and offer a wide variety of degrees at the associate through the doctoral level. Students can earn an elite on-campus Master’s of Business Administration degree through the College of Business. hIn order to apply, they will need to fill out an online application and provide evidence of a completed bachelor’s degree, transcripts reflecting a minimum 3.0 GPA on the last 60 hours of coursework, and GMAT/GRE scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#24 California State University Channel Islands Martin V. Smith School of Business & Economics – Camarillo, California


Students at California State University Channel Island have an opportunity to earn their MBA without breaking the bank. CSU Channel Island’s Master’s of Business Administration program is both accredited and very affordable.

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California State University Channel Island offers an elite Master’s of Business Administration program through the Smith School of Business and Economics. The MBA carries accreditation through the Accreditation Council for Business Schools and Programs and is 33-49 credit hours in length. Students enrolled in the program participate in Foundation Business Courses such as Business Ethics and Law, Economics for Managers, and Introduction to Accounting and Finance. They then move on to the required core curriculum which includes topics like Strategy and Leadership, Managing Business Operations, and Competing in a Global Environment. The full program also includes nine special topics courses and a graduate writing assessment. Classes are offered primarily in the evening in a cohort format chosen to help create a cohesive learning community. Students will appreciate the focus on International Business and Entrepreneurial Innovation, as well as, CSU Channel Island’s very affordable tuition rate of $13,999 or less.

California State University Channel Island was established in 2002 and has since grown to serve nearly 7,500 students each year. The University is located in Camarillo, California and hold regional accreditation through the Western Association of Schools and Colleges, Senior College and University Commission. They are also recognized by the federal government as a Hispanic Serving Institution. CSU Channel Island offers a variety of undergraduate and graduate level degrees including an on-campus MBA degree through the Smith School of Business and Economics. Those interested in applying to this globally focused program will need to fill out an online application and submit transcripts from all universities previously attended reflecting a minimum of 2.5 GPA, GMAT/SAT scores, references, and other academically or professionally relevant information.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#25 New Mexico State University College of Business – Las Cruces, New Mexico


New Mexico State University offers an affordable and accredited MBA degree. This MBA program is an excellent choice for students with their high standing in the business education world.

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Students at New Mexico State University can earn a Master’s of Business Administration that holds esteemed accreditation through the AACSB. The MBA offered through the College of Business at NMSU is 36 credit hours in length, which only takes two to three years to complete on a part-time basis. Courses are delivered in a convenient blended format that includes face to face evening classes and online components, making it easy for working professionals to integrate the program into their busy lifestyle. Concentrations for this well-rounded degree are optional and offered in the areas of Agribusiness, Finance, Information Systems, and Public Utility Regulation. The University offers their MBA at a very affordable price point of less than $14,000. Additionally, NMSU has an approximately 1 to 16 student to teacher ratio and has been recognized for their success in serving students of Hispanic heritage. This low student-teacher ratio combined with the University’s flexible program and accreditations can ensure students that an affordable MBA does not have to mean sacrificing quality.

New Mexico State University is located in Las Cruces, New Mexico. The University is regionally accredited by the Higher Learning Commission and serves nearly 14,500 students each year. NMSU offers many programs ranging from the associates to doctoral level through their main campus, as well as, four community college locations. The University houses eight schools and colleges which includes the well respected College of Business. Students interested in earning their Master’s of Business Administration degree must submit an online application which will include electronic copies of transcripts from all universities previously attended, contact information from recommenders, as well as, pertinent academic and professional background information.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#26 Southeast Missouri State University Donald L. Harrison College of Business – Cape Girardeau, Missouri


Students at Southeast Missouri State University can earn a comprehensive Master’s of Business Administration degree. This MBA is an excellent option for students because of its exceptional accreditations and affordability.

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Southeast Missouri State University offers graduate students an elite Master’s of Business Administration degree through the Donald L. Harrison College of Business Administration at an unbeatable price. This program highly respected and carries accreditation with the Association to Advance Collegiate Schools of Business. This managerial degree is 33 hours, and consists of a robust common core foundation, before selecting a degree option. Degree options include Accounting, Environmental Management, Financial Management, General Management, Industrial Management, International Business, Health Administration, Entrepreneurship, and Sports Management. There is also an accelerated MBA option, which allows senior business students to begin taking courses that will apply toward their MBA degree. The Southeast MBA has been recognized by many rankings for its overall affordability, including being named #1 Best Buy by GetEducated.com and among the Top 50 by Affordable Colleges Online. Students interested in pursuing an upper managerial position will gain the experience and education necessary for career advancement through the Southeast MBA program.

Southeast Missouri State University is a four-year, public school, established in 1873 that is regionally accredited by the Higher Learning Commission. The main campus, as well as the River Campus, are located in Cape Girardeau, and regional campuses are offered in Sikeston and Kennett. SEMO provides more than 145 undergraduate degrees, 100 minors, and over 75 graduate programs through five academic schools and colleges to nearly 11,500 students each year. Students can also participate in more than 80 study abroad programs and 230 student organizations. Graduate students seeking an affordable Master’s of Business Administration can earn their degree through the prestigious Donald L. Harrison College of Business. Those interested in pursuing this MBA program must submit an online application, official college transcripts, and GMAT or GRE scores. Students without an undergraduate degree from an AACSB accredited business school will be required to complete prerequisite courses before being granted regular admissions into the program.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#27 Missouri State University College of Business Administration – Springfield, Missouri


The College of Business Administration at Missouri State University offers students the opportunity to earn an exceptional Master’s of Business Administration degree. This affordable MBA program holds prestigious AACSB accreditation.

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At Missouri State University, students can earn an elite Master’s of Business Administration degree through the College of Business Administration. This top-notch program is accredited through the prestigious AACSB International, an accreditation held by only 5% of all business schools. Additionally, the MBA program holds cutting edge affiliations with The MBA Roundtable, the National Association of Women MBA’s, and the Graduate Business Student Services Association. This 33 credit hour program offers ultimate convenience, with classes during the day, in the evening, and online. Students can also earn a graduate certificate by selecting a specialization in Computer Information Systems, Cybersecurity, Entrepreneurship, Finance, Leadership, Management, and Marketing. In addition to the tuition being economically reasonable, students can rest assured they are making a wise investment in their future. Graduates from this program have led successful careers with leading employers in the industry such as AT&T, Apple, Goldman Sacs, Haliburton, IBM, and the Internal Revenue Service.

Missouri State University is a four-year, public school that dates back to 1905. It serves approximately 24,000 students each year, making it the state’s second largest university. MSU is regionally accredited by The Higher Learning Commission and offers more than 150 undergraduate majors and over 45 graduate programs. Students can study at the main campus in Springfield, earn an associate’s degree in West Plains, or complete a bachelor of science in business at the international campus in China. Graduate students seeking an affordable Master’s of Business Administration can earn their degree through the College of Business Administration. MSU’s College of Business is the largest business school in Missouri and one of the largest in the midwest. Prospective students interested in the MSU MBA program must submit a professional resume, copies of all official college transcripts, an online application, and official GMAT or GRE scores. Students who meet specific criteria may be eligible for a GMAT/GRE waiver.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#28 Southwestern Oklahoma State University Everett Dobson School of Business and Technology – Weatherford, Oklahoma


Students can earn a highly acclaimed and affordable Master’s of Business Administration degree at Southwestern Oklahoma State University. This program offers two convenient formats.

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Southwestern Oklahoma State University features a highly distinguished, affordable Master’s of Business Administration degree through the Everett Dobson School of Business and Technology. This MBA program is accredited through the International Accreditation Council for Business Education. This 33 credit hour program offers 16-week hybrid classes or accelerated eight week online courses, with the option to enroll in both simultaneously. Students can complete this program in a short 12 months by taking courses during the day and at night, in two years if opting only to take evening classes, or can extend their study to fit their schedules. The comprehensive curriculum consists of courses in accounting, economics, finance, management, and marketing. Additionally, electives are offered in the field of entrepreneurship and computer science. Students will graduate with the leadership skills and knowledge to pursue administrative positions in multiple sectors of business, making the MBA a degree that pays dividends in student’s future careers.

Southwestern Oklahoma State University is a four-year, public higher education institution, established in 1901, that currently serves an annual student body enrollment of nearly 5,500 students. SWOSU is regionally accredited by the Higher Learning Commission and offers a wide array of academic programs ranging from associate’s through doctoral degrees through their seven academic schools and colleges. Students can enroll in courses at the Weatherford or Sayre campus. Approximately 70% of students receive financial aid totaling $30 million, making SWOSU one of the top colleges in Oklahoma for students seeking assistance with paying for college. Graduate students are offered an affordable Master’s of Business Administration degree through the Everett Dobson School of Business and Technology. For admittance into the MBA program, students must submit an online application for university admission, an application for graduate admissions, and copies of all official college transcripts. Many scholarships are also available for graduate students!

Business Accreditation: IACBE
Affordability Score: Very Affordable

#29 University of West Georgia Richards College of Business – Carrollton, Georgia


Students within the Richards College of Business at the University of West Georgia can earn a highly regarded Master’s of Business Administration degree. This program is recognized for its affordability amongst MBA degrees from across the country.

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The University of West Georgia offers an exceptional and affordable Master’s of Business Administration through Richards College of Business. The program is highly accredited by the Association to Advance Collegiate Schools of Business. Students can complete this 30 credit-hour program in as little as one year by taking two classes each semester, or in two years by focusing on just one class per semester. Students will complete six core courses and four elective courses to earn a general MBA. Students wishing to add a concentration will need to take additional courses and can select from Business Intelligence and Cyber Security, Digital Marketing, or Sales and Consumer Research. Evening classes are offered in Carrollton, Newnan, and Douglasville to accommodate the needs of working professionals. The affordable tuition accelerated option and multiple locations make this degree a valuable asset for students.

The University of West Georgia is a four-year, public university, founded in 1906, with a student body population of 13,500. UWG holds regional accreditation from the Southern Association of Colleges and Schools, Commission on Colleges, and offers 43 bachelor’s degrees, 29 master’s degrees, four doctoral programs, and ten certificates through six academic colleges and one school. The Princeton Review consistently ranks UWG among the Best Southeastern Colleges, and U.S. News and World Report recognized the university among the nation’s top colleges and universities. Additionally, UWG is classified as a Doctoral Research University R3 by the Carnegie Classification of Institutions of Higher Education. The MBA offered through UWG’s Richards College of Business is an affordable option for students interested in taking on advanced roles within the global business arena. Prospective applicants need to submit an online application, official GMAT or GRE scores, a professional resume, and official transcripts from all institutions attended.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#30 Fitchburg State University Department of Business Administration – Fitchburg, Massachusetts


Graduate students can earn a premier Master’s of Business Administration from the Department of Business Administration at Fitchburg State University. This MBA is highly-accredited and affordable.

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A Master’s of Business Administration is offered through the highly acclaimed Department of Business Administration at Fitchburg State University. This affordable MBA program is accredited by the elite International Accreditation Council for Business Education, as well as recognized by the Council for Higher Education Accreditation. Students in this well-rounded 30 credit hour program can customize their degree by choosing a concentration in Accounting, Management, or Human Resources. This MBA program was designed specifically for working professionals, with classes offered on campus in the evenings, a limited number of daytime classes in the summer, and online courses. Students can complete this flexible MBA program in as few as two years, or take up to six years, depending on their schedules. Graduates of this program are prepared for high paying careers as Certified Public Accountants, management accountants, budget analysts, government accountants, and internal and external auditors, making this degree one that will pay off!

Fitchburg State University is a four-year, public school, regionally accredited through the New England Commission of Higher Education. Fitchburg was founded in 1894 as a two-year college for teachers and is home to a diverse and growing student body population of just over 7,000 students today. Students can choose from more than 30 undergraduate degrees and 22 master’s degrees. Over 80 student organizations, community service opportunities, internships, and study abroad programs are offered on campus, giving everyone a chance to find their forte. Approximately 90% of students are awarded financial aid totaling $40 million annually. The Alumni Association, consisting of 45,000 members is a significant contributor to scholarship funds. Among the many affordable programs offered is the Master’s of Business Administration. Prospective students wishing to apply to this MBA program must submit a graduate application, copies of official transcripts from all universities attended, and a professional resume.

Business Accreditation: IACBE
Affordability Score: Very Affordable

#31 (Tied) California State University, Fresno Craig School of Business – Fresno, California


Graduate students can earn a premier Master’s of Business Administration at California State University, Fresno. This MBA offers quality business education at an affordable price point.

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The Craig School of Business at California State University, Fresno offers a Master’s of Business Administration degree that holds elite accreditation through the Association to Advance Collegiate Schools of Business. This program consists of 36 credit hours for students who hold a bachelor’s degree in business, and 51 credit hours for students with a degree in a field other than business. The curriculum consists of prerequisites as needed, core courses, electives, Business Policy and Strategy, and a culminating experience. Elective include a wide variety of seminars, independent study, and internship options, allowing students to build a strong portfolio. The culminating experience can either be an individual or group project or a thesis. Students are also encouraged to participate in various experiential learning experiences, networking opportunities, and study abroad programs in the summer. An EMBA, Blended MBA, and Ag MBA are also offered to meet the needs of a variety of graduate business students. These highly interactive MBA programs are offered at an affordable price point.

California State University, Fresno is a four-year public university, founded in 1911, with a student body population exceeding 25,000 students. Fresno State holds regional accreditation through the Western Association of Schools and Colleges, Senior College and University Commission. Students can choose from a vast array of degrees: 60 bachelor’s programs, 45 master’s programs, and three doctoral programs through eight academic schools and colleges. Fresno State is a well-respected university and has earned many unique distinctions. U.S. News and World Report recognizes Fresno in its Top Public Schools ranking and on its list of National Universities. Additionally, Money Magazine ranks Fresno State 66th in the nation. Among the many distinct programs offered is the affordable MBA through the Craig School of Business. Students wishing to apply to this MBA program must submit an online application, two letters of recommendation, GMAT scores, official transcripts from all universities attended, and a statement of purpose.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#31 (Tied) California State University, Los Angeles College of Business and Economics – Los Angeles, California


California State University, Los Angeles offers a highly-ranked MBA through the College of Business and Economics. This respected MBA combines affordable education with prestigious accreditation.

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California State University, Los Angeles is a well-established business school that offers an affordable Master’s of Business Administration focused on leadership and management. Cal State LA’s MBA program holds accreditation through the distinguished Association to Advance Collegiate Schools of Business. This 36-45 credit-hour program consists of 27 hours of core courses as well as electives within an MBA option. Options include Accounting, Finance, Information Systems, Marketing, Entertainment Business Management, Healthcare Management, International Business, Business Analytics, Human Resource Management, and Management. As a final component of the program, students will either complete a thesis or a comprehensive exam. Students have the option to engage in a broad array of business organizations, attend research conferences, and industry-focused events. Graduate students can also earn three credit hours by competing in the annual International Collegiate Business Strategy Competition. The affordability of this MBA program combined with the many options makes this an excellent opportunity for students looking for a high-quality program offered at a reasonable price.

California State University, Los Angeles is a four-year, public university that is regionally accredited through the Western Association of Schools and Colleges, Senior College and University Commission. Cal State LA is a Hispanic-serving institution with an enrollment of over 28,500 students annually and offers 129 bachelor’s degrees, 112 master’s degrees, and three doctoral degree programs spanning eight academic colleges. Cal State LA is ranked 6th by Washington Monthly in its “Best Bang for the Buck Western Colleges” category and 6th in its “Top Master’s Universities” category. In fact, almost 80% of students receive some financial aid. Among the many affordable programs offered is the MBA through the College of Business and Economics. Students wishing to apply to this intensive program should complete an online application, and submit GMAT or GRE scores, a statement of purpose, a professional resume demonstrating two years of business experience, unofficial college transcripts, and two letters of recommendation.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#33 Emporia State University School of Business – Emporia, Kansas


Students can earn an exceptional MBA through the School of Business at Emporia State University. This MBA not only holds the highest business accreditation but stands as the most affordable on-campus MBA in the state of Kansas.

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The School of Business at Emporia State University offers an affordable MBA that is highly accredited by the AACSB, a distinction awarded to less than five percent of business schools worldwide. This 36 credit-hour program consists of 21 hours of core business courses, an accounting course, and 12 hours of elective courses. This MBA is one of the most affordable in the state of Kansas. There are two scholarships available for graduate-level students; the New Graduate Student Scholarship for the first semester of graduate school and the Robert J. Grover Scholarship for students in their second semester and beyond. These scholarships are based on merit factors, such as GPA obtained as an undergraduate, as well as performance in graduate level courses. Students in this dynamic program will graduate with a well-rounded business understanding in accounting, finance, management, and marketing at a remarkable price.

Emporia State University is a four-year, public school, with regional accreditation from the Higher Learning Commission. Emporia State was founded in 1863, as the first higher education institution in the state of Kansas. ESU offers 80 academic programs of study leading to bachelor’s through doctoral degrees through four academic schools and colleges to nearly 6,000 students each year. The main campus is located in Emporia, and a satellite campus offers courses in Kansas City. ESU awards more than 2,200 scholarships annually for a combined total of $5.9 million. ESU’s School of Business provides an affordable, accredited MBA program. Prospective students must submit a current professional resume, complete an online application, submit GMAT or GRE scores, and official transcripts from all universities attended. Students with a 3.5 or higher undergraduate GPA in business, a completed master’s degree, or three years of professional experience are exempt from the GMAT/GRE requirement.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#34 Eastern Illinois University Lumpkin College of Business and Applied Sciences – Charleston, Illinois


Students can earn a highly regarded Master’s of Business Administration degree from Eastern Illinois University. This MBA is a stand out because of their elite accreditation, national prestige, and affordability.

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The Lumpkin College of Business and Applied Science at Eastern Illinois University offers students a top-ranked Master’s of Business Administration degree. The Eastern Illinois MBA is highly accredited by the Association to Advance Collegiate Schools of Business. This prestigious MBA is ranked No. 1 in Illinois according to U.S. News and World Report. This 33 credit hour program can be completed at an accelerated pace in one year, or students can enroll part-time and take up to six years, and classes can be completed in Charleston, Champaign, or online. Students will complete six core courses and five concentration courses. Concentrations are offered in the field of Accountancy, Applied Management, Research, and Geographic Information Sciences. Students who select the research option will work on a year-long research project alongside the graduate faculty. Graduate assistantships are available for MBA students, which waive the tuition of up to four classes in the fall/spring semesters and three classes in the summer semester. There are also many scholarships to help cover tuition expenses.

Eastern Illinois University is a four-year, public university, established in 1895, with regional accreditation through the Higher Learning Commission. Eastern Illinois is home to approximately 7,000 students and offers a faculty-student ratio of 1:14. Eastern Illinois provides over 150 undergraduate major and minor options, 36 graduate areas of study, and ten certificate programs through its four academic colleges. According to Washington Monthly, EIU is ranked #1 “Best Bang for the Buck” University in the Midwest and also #1 Master’s Institution in Illinois. Additionally, U.S. News and World Report ranks EIU 37th in its Best Values School category. Among the many award-winning programs on campus is the MBA offered through Lumpkin College of Business and Applied Science. Application requirements into this academically rigorous MBA program include an online MBA program application, official GMAT or GRE scores, an Honor Code, current resume, two completed recommendation forms, and a one-page professional goal statement.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#35 Northeastern State University College of Business and Technology – Tahlequah, Oklahoma


Students can earn a top-rated Master’s of Business Administration degree from Northeastern State University. This affordable MBA program offers many unique concentrations.

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Northeastern State University’s respected College of Business and Technology is accredited by the prestigious Accreditation Council for Business Schools and Programs. This affordable 36 credit hour MBA program can be completed in two years or less. Students first complete 24 hours of core business foundational courses and then 12 hours of concentration courses. Concentrations are offered in Business Analytics, General Management, Healthcare Administration, Healthcare Informatics, Long Term Care, Managerial Accounting and Finance, Native American Enterprise, and Environmental, Health, and Safety Management. Students participate in a variety of immersive learning experiences, such as conducting a strong live negotiation, writing a proposal that addresses an organizational problem, global consulting projects, and shadowing industry experts. Students can also compete in business competitions and enhance their resumes with internships or participation in community service projects. Northeastern State also offers a 30 credit hour Professional MBA for full-time working students with a minimum of three years of work experience.

Northeastern State University is a four-year, public school, founded in 1909, that holds regional accreditation through the Higher Learning Commission. NSU’s main campus is in Tahlequah, and two additional campuses are in Muskogee and Broken Arrow. NSU’s student body consists of 8,000 students, with approximately 25 percent of those students identifying as Native American. NSU offers 54 undergraduate programs and 24 graduate programs, with several degree options focused on the Native American heritage, as well as classes entirely taught in Native American languages. NSU has the third-lowest tuition among Oklahoma universities. Students can also receive tuition waivers based on their GPA and standardized test scores. Among the many flexible, affordable programs offered is the Master’s of Business Administration through the College of Business and Technology. Students wishing to apply for the MBA program should submit an online application and copies of official transcripts for all universities attended.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#36 University of Central Oklahoma College of Business – Edmond, Oklahoma


Students can earn a reputable Master’s of Business Administration at the University of Central Oklahoma. This affordable MBA is a high-quality degree with industry-driven curriculum.

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The College of Business at the University of Central Oklahoma offers a Master’s of Business Administration that is highly accredited by the Association to Advance Collegiate Schools of Business. This established MBA program is 35 credit hours and can be completed in 16 months by taking classes two nights per week, or in 26 months by attending classes one night per week. Students in this MBA can choose to pursue a General MBA or a concentration in Healthcare. The curriculum consists of 25 hours of core courses, six hours of functional core courses, and four hours of electives. Classes involve hands-on learning, such as creative problem-solving projects with local organizations, and international business immersion experiences. In 2019, students will have the opportunity to travel to Cuba and Russia to study the social and business culture of the region. This MBA offers unmatched affordability, with tuition waivers available based on both academic performance and financial need.

The University of Central Oklahoma is a four-year, public university, founded in 1890, and is one of the oldest educational institutions in the southwest region of the United States. UCO holds regional accreditation from the Higher Learning Commission and offers 121 undergraduate areas of study and 74 graduate programs through eight academic schools and colleges to nearly 16,000 students each year. UCO is known for providing high-quality education at an affordable price. According to College Consensus UCO was the winner for the “Most Affordable Public University” in Oklahoma, and ranks 75th on the list of the “100 Most Affordable Colleges and Universities in the Nation.” Additionally, U.S. News and World Report recognizes UCO as the top public regional university in Oklahoma. The College of Business offers an elite MBA program. Students interested in this affordable MBA program must complete an application for graduate admission, and submit competitive GMAT/GRE scores, a 500-word personal statement, current resume, an official undergraduate transcript.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#37 Southern Arkansas University College of Business – Magnolia, Arkansas


Students can earn a highly respected MBA degree through the College of Business at Southern Arkansas University. This MBA was selected for our ranking because of their well-earned reputation for providing a world-class business education that is economical.

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The Rankin College of Business at Southern Arkansas University offers a comprehensive and affordable Master’s of Business Administration. This prestigious MBA program receives its accreditation through the Association to Advance Collegiate Schools of Business. Students can complete this 30 credit hour general MBA program in two years. Students can also choose to add an emphasis in Social Entrepreneurship, Agriculture Business, or Supply Chain Management. Programs with an emphasis require 33-36 credit hours. SAU aims to provide students with affordable tuition and maintains a database of scholarship opportunities offered specifically for MBA students, making it possible for students to obtain an advanced education without incurring debt. Students are also provided many other resources to help them in their future careers. Backpack to Briefcase is a week-long program packed with workshops that enable students to prepare for the transition from classroom to internship or career. Students will write a resume, participate in mock interviews, and take a professional picture for their LinkedIn profile.

Southern Arkansas University is a four-year, public school, founded in 1909, with a student population of just under 5,000. SAU maintains a small 17:1 student to teacher ratio, ensuring students receive individualized instruction. SAU is regionally accredited by the Higher Learning Commission and offers 70 different undergraduate options and 19 graduate programs through four academic colleges and the School of Graduate Studies. Students can also participate in over 60 student organizations. According to the U.S. Department of Education, SAU is ranked #1 for the Highest Return on Investment among all Arkansas Universities. The financial aid office at SAU provides students with assistance to obtain scholarships and other forms of financial assistance to cover their education. SAU’s Rankin College of Business offers an exceptional Master’s in Business Administration program. To apply to this affordable MBA program, students must submit an online application, GMAT test scores, and official college transcripts.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#38 New Mexico Highlands University School of Business, Media and Technology – Las Vegas, New Mexico


At New Mexico Highlands University students can earn an affordable Master’s of Business Administration degree. This MBA carries an excellent reputation and offers a wide variety of concentrations.

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New Mexico Highlands University offers students an exceptional and affordable Master’s in Business Administration through the School of Business, Media, and Technology. This elite MBA is accredited by the Association of Collegiate Business Schools and Programs. Students in this 36 credit hour program can select a concentration in Accounting, Finance, Human Resource Management, International Business, Management, and Marketing. Students in this program will gain the skills necessary to become effective business managers, through participation in experiential learning opportunities, such as case studies and simulations. All students will complete Business Strategy during their last semester of study, which is a capstone course that focuses on case analysis of real-world business problems. Students also are also given the option to complete a dual master’s degree in social work (MSW) and business administration (MBA), with minimal overlap of courses. Graduates of this affordable MBA program are well-prepared for leadership positions in business, state, and federal government, or non-profit institutions.

New Mexico Highlands University is a four-year, public university, founded in 1893, that is regionally accredited by the Higher Learning Commission and serves just over 3,000 students each year. The 15:1 student to faculty ratio allows students to receive one-on-one attention from professors. NMHU offers a wide array of academic programs ranging from associate’s through master’s degrees through four academic colleges and schools. The main NMHU campus is located in Las Vegas, New Mexico, with additional centers in Santa Fe, Rio Rancho, Farmington, and Roswell. According to Washington Monthly, NMHU is a leading school in the “Best Bang for the Buck” category. Among the many affordable programs offered is the Master’s of Business Administration through the School of Business, Media, and Technology. Students wishing to apply to the distinguished MBA must submit an application form and official college transcripts. Students with a non-business degree are required to complete Principles of Business Administration.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#39 Indiana University Northwest School of Business and Economics – Gary, Indiana


The School of Business and Economics at Indiana University Northwest offers an elite Master’s of Business Administration degree. This MBA program is acknowledged as one of the most cost-efficient programs in the nation.

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The School of Business and Economics at Indiana University Northwest offers an affordable Master’s of Business Administration degree. The MBA program is highly accredited by the Association to Advance Collegiate Schools of Business. This program is 30 credit hours for students with a business degree, and 45 credit hours for those needing to take the prerequisite courses. Professionals will enjoy the convenience of a Weekend MBA and a Weeknight Hybrid MBA. Students in the weekend MBA will attend classes every other Saturday, and complete the program in 18 months. Weeknight students will attend classes every other week and graduate in 20 months. Both programs consist of a personal assessment of 16 positive dimensions of personality and a Lean Six Sigma Green Belt Certification. The weekend program concludes with an international business immersion experience. Tuition is competitive with other Chicago area schools. Students in these flexible and affordable MBA programs will be able to maintain full-time jobs while advancing their education.

Indiana University Northwest is a four-year, public university, with a close-knit student body population of just over 4,000 students. The faculty to student ratio is 1:16, so professors can truly offer individualized education to all of their students. IU Northwest is regionally accredited by the Higher Learning Commission and provides more than 70 degree programs leading to associate’s through master’s degrees. Students can also participate in over 60 student organizations. IU Northwest is committed to providing affordable education and offers over 200 scholarships and grants annually. Among the many programs offered at IU Northwest is the top-ranked and affordable MBA program through the School of Business and Economics. Students must submit a professional resume, a completed application, copies of official transcripts from all universities attended, one letter of recommendation, and official GMAT scores. Students with five or more years of professional experience are exempt from the GMAT requirement.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#40 University of Arkansas at Little Rock College of Business – Little Rock, Arkansas


The University of Arkansas at Little Rock provides a highly regarded Master’s of Business Administration degree. This MBA offers students a high quality education at a tuition rate that won’t break the bank.

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The University of Arkansas at Little Rock’s College of Business offers an outstanding MBA and holds prestigious accreditation through the AACSB. This program is committed to flexibility, allowing students to choose between enrolling in the evening or weekend MBA. Both of these programs are very affordable. Tuition for the evening program is the same as regular graduate programs offered through the university. The weekend MBA program is all-inclusive. For just $25,000, tuition, fees, books, course materials, Wall Street Journal, graduation regalia, and even meals are covered. Students in the evening program can choose how many classes fit their schedule each semester and may complete a general MBA, or select a concentration in Human Resources or Organizational Communication. Evening students can finish the program in as few as 18 months or take up to six years. Weekend students take classes on campus one Saturday per month, with the remainder of coursework being completed online, and typically graduate in approximately two and one-half years.

The University of Arkansas at Little Rock is a four-year, public university, and regionally accredited by the Higher Learning Commission. UA Little Rock currently offers more than 100 undergraduate degrees and 60 graduate degrees through six academic colleges and a law school. UALR serves a student body of nearly 12,000 students, yet maintains a small student to faculty ratio of 14:1. UA Little Rock is the only university in Arkansas recognized by the Carnegie Foundation as a Community Engaged Institution. U.S. News and World Report recognizes UALR in its Best Universities category. Additionally, many of the programs at UALR have received high rankings for affordability by AffordableColleges.com and OnlineU. To apply to the flexible and affordable MBA program, applicants must complete an online application, submit GMAT or GRE scores, a professional resume, and official college transcripts. Students applying for the weekend MBA must have a minimum of three years professional work experience.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#41 Missouri Western State University Steven L. Craig School of Business – Saint Joseph, Missouri


Missouri Western State’s Craig School of Business offers a highly accredited MBA. This affordable program is highly accessible and designed for working professionals.

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The Steven L. Craig School of Business at Missouri Western State University offers an affordable MBA that holds prestigious accreditation through the Associate to Advance Collegiate Schools of Business. This 30 credit hour MBA program consists of seven core courses and three concentration courses. Core courses cover several business disciplines, such as accounting, marketing, finance, and management. Concentrations are offered in General Business, Enterprise Resource Planning, Forensic Accounting, and Life and Animal Science. Classes were created to accommodate working professionals by meeting once a week in the late afternoon or the evening. Students can enroll in a single, or up to three courses, each semester. The Craig School of Business also offers many opportunities for applied learning, such as study abroad programs, internships, franchise competitions, and student organizations. The well-rounded education and experiences gained from this affordable MBA program set students up for success with future employers in multiple business facets.

Founded in 1915, Missouri Western State University stands as a four year, public university that is regionally accredited by the Higher Learning Commission. Approximately 5,500 students are enrolled in MWSU, which offers more than 120 majors and 60 minors leading to associate’s through master’s degrees through six academic colleges and schools. The average class size is an intimate 16 students, allowing students to participate in many unique learning opportunities. Students learn through doing through internships, research projects, service learning, study abroad programs, and leadership roles on campus. Missouri Western is very affordable and has the second lowest tuition rates in the state of Missouri. Among the many affordable programs, is the Master’s of Business Administration offered through the Craig School of Business. Prospective MBA students must complete an online application and submit official transcripts conferring a bachelor’s degree. Those that have an undergraduate degree in a field other than business will be required to complete online bridging modules.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#42 Pittsburg State University Gladys A. Kelce College of Business – Pittsburg, Kansas


Students can earn a world-class Master’s of Business Administration degree from Pittsburg State University. This well-rounded MBA program offers a high quality, high-value education.

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Pittsburg State University offers students an exceptional, high-value Master’s of Business Administration through the Gladys A. Kelce College of Business. This affordable program holds esteemed accreditation through the AACSB, which represents the highest standard of achievement for business schools worldwide. This 30 credit hour program consists of seven core courses and three electives. Students have the opportunity to personalize their MBA degree with a concentration in General Administration, International Business, Accounting, and Human Resource Development. The Princeton Review consistently ranks Kelce College of Business among the Best Business Schools in the nation and recently named the Kelce COB #3 Most Family Friendly. Graduate assistantships are also available for students, making this program even more affordable. This MBA offers a variety of delivery methods, including on-campus, hybrid, and online, making it convenient for working students trying to balance work, academic, and family responsibilities.

Pittsburg State University is a four-year, public, university, founded in 1903, that holds regional accreditation through the Higher Learning Commission. Pittsburg serves approximately 7,000 students annually. Students are offered more than 200 undergraduate and master’s degree programs through four academic colleges. Students can also participate in more than 150 student organizations on campus, and even log into an online portal to keep track of their involvement. Graduate students enrolled in nine hours or more are offered flat-rate tuition, allowing them to enroll in as many hours as they want for a set affordable price. This can accelerate the length of time it takes to graduate. Pittsburg State’s Master’s of Business Administration can be completed in approximately 18 months by full-time students. To apply, students will need to submit an online application, GMAT/GRE scores, and official transcripts. Students with a master’s degree or three years of professional experience are eligible for a GMAT/GRE waiver.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#43 Lincoln University School of Business – Jefferson City, Missouri


Students can earn a highly accredited Master’s of Business Administration degree from Lincoln University. This affordable MBA program offers a challenging and practical curriculum.

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A flexible and affordable MBA degree is offered through the School of Business at Lincoln University. This 36 credit hour MBA program is accredited by the Accreditation Council for Business Schools and Programs. Students can select from four emphasis areas to gain specialized training in the business sector that matches their future career goals. Emphasis areas include Accounting, Management, Management Information Systems, and Public Administration and Policy. Classes are taught by professors with expertise in the industry, including faculty from Fortune 500 companies. Students can also obtain graduate assistantships to gain experience working alongside these first-rate professors and to help finance their education. Graduate business students are also able to enhance their learning through participation in student organizations, the business honor society, study abroad programs, and internships. This affordable MBA program prepares students for leadership roles within traditional corporations, as well as humanitarian, ministry, and government organizations.

Lincoln University is a four-year, public university that holds regional accreditation from the Higher Learning Commission. Lincoln University, founded in 1854, is the first historically black degree-granting university in the United States. Lincoln offers more than 75 degrees leading to associate’s through doctoral degrees through five academic schools and colleges to over 2,500 students each year. Students can participate in over 50 student organizations, as well as internship opportunities. Lincoln is a proud member of the Thurgood Marshall College Fund, which is the largest non-profit organization in the nation that supports HBCUs, which includes providing financial assistance to students. Many students can afford their Lincoln education through this funding. Lincoln University’s School of Business offers students an affordable, accredited Master’s of Business Administration. To apply, students will need to submit an application for admissions, official transcripts from all colleges previously attended, three letters of recommendation, a personal goal statement, and official GMAT scores.

Business Accreditation: ACBSP
Affordability Score: Very Affordable

#44 Indiana University Kokomo School of Business – Kokomo, Indiana


Students can earn a world-renowned Master’s of Business Administration degree from Indiana University Kokomo. This affordable MBA program upholds the highest academic standards and offers students multiple ways to tailor their degree.

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Indiana University Kokomo’s School of Business offers students an affordable Master’s of Business Administration degree, accredited by the AACSB. This academically rigorous program is only 30 credit hours for students with a business degree and 69 hours for students with a degree in another field. The curriculum consists of advanced managerial courses such as finance, marketing, global strategy, business law and ethics, accounting, economics, and organizational theory. Students will also take a real-world capstone consulting course that will allow them to apply the business skills they have learned. Students can earn a General MBA, or select a concentration in Finance, Human Resource Management, or Accounting. Students in this dynamic program will also have many networking opportunities, through meeting and special events. Graduates of this economically affordable Master’s in Business Administration are prepared for successful careers as leaders, managers, executives, and entrepreneurs in the global business arena.

Indiana University Kokomo is a four-year, public university, that is regionally accredited by the Higher Learning Commission. IU Kokomo houses more than 60 different academic programs ranging from associate’s degrees through master’s degrees to just over 3,000 students annually. Students can also participate in the unique Kokomo Experience and You program, which offers free experiential learning experiences such as educational conferences, field trips to visit former alumni, escape room game days, and visits to local companies. Students can also get involved in 35 student organizations and take international travel courses. IU Kokomo is committed to providing high-quality instruction that is financially viable for all students and awards approximately 540 scholarships annually. IU Kokomo’s School of Business offers a flexible and affordable Master’s of Business Administration degree. This MBA program requires prospective students to submit a completed application, personal statement of achievement, resume, official college transcripts, and official GMAT scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#45 Wichita State University W. Frank Barton School of Business – Wichita, Kansas


Barton School of Business at Wichita State University offers an internationally recognized Master’s of Business Administration. This MBA upholds a reputation for providing high quality education at affordable tuition rates.

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Wichita State University’s Master’s in Business Administration, offered through the W. Frank Barton School of Business, which holds prestigious accreditation from the Association to Advance Collegiate Schools of Business. Students enrolled in this management-based MBA program will complete 36-51 hours, depending on their undergraduate degree. Most classes are offered in an accelerated eight-week hybrid format, and meet one evening a week and consist of online components, as well. Students can select a General MBA or a concentration in Business Analytics, Finance, Entrepreneurship, or Health Care Administration. Students can participate in 33 applied learning projects with local companies, or take their studies abroad in the Berlin Experience, a semester-long consulting project in conjunction with the Berlin School of Economics. In recent MBA alumni satisfaction surveys, Barton School of Business graduates reported 97% satisfaction, and earn an average annual salary of $63,880.

Wichita State University is a four-year, public university with a student body of over 15,000 students. Wichita State is regionally accredited by the Higher Learning Commission and offers more than 60 undergraduate degree programs, 44 master’s degrees, and several doctoral degrees through nine academic colleges and schools. The main WSU campus is located in Wichita, and four satellite campuses are offered throughout the state. MBA students have the exciting opportunity to engage in more than 200 student organizations, 350 annual on-campus events, study abroad programs, volunteer opportunities, and internships with local companies. The W. Frank Barton School of Business was the first university in the state to offer a Master’s of Business Administration degree. Barton business students receive more than half a million dollars in annual scholarships, making this an affordable option for those interested in pursuing an MBA. Those wishing to apply to this competitive program must submit an online application, personal goals statement, resume, two reference forms, official GMAT/GRE scores, and unofficial college transcripts.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#46 Western Illinois University College of Business and Technology – Macomb, Illinois


Students can earn a rigorous Master’s of Business Administration through the College of Business and Technology at Western Illinois University. This distinguished MBA stood out on our list due to the program’s affordable tuition rates and dual AACSB accreditation.

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Western Illinois University is well known for offering a superior Master’s of Business Administration degree with affordable tuition rates. This exemplary program holds dual accreditation in business and accounting through the Association to Advance Collegiate Schools of Business. This 33 credit hour program can be completed on campus in Macomb, online, or as a hybrid/blended format in Quad Cities. This MBA typically takes two years to complete, but it’s possible to finish in as little as one, depending on the number of classes a student enrolls in each semester. Courses are offered during the day and evening to accommodate the needs of working professionals. Students can choose from many interesting, and career-relevant concentrations including Management, Supply Chain Management, Accounting, Information Systems, Business Analytics, Corporate Security, Economics, Finance, and International Business. Average class sizes are 16 students, allowing students to receive personalized mentoring from dedicated professors. Students are also able to help finance part of their education through internship or assistantship opportunities.

Western Illinois University is a four-year, public school, founded in 1899, with regional accreditation through the Higher Learning Commission. Total student body enrollment is over 9,000 students. WIU offers over 51 bachelor’s degree programs and 42 graduate level degrees. The Princeton Review and U.S. News and World Report recognize WIU as a “Best Midwestern” university. Students can rest assured the tuition rates will remain the same throughout their course of study with the Cost Guarantee Plan, a fixed rate for tuition, fees, room, and board. Washington Monthly lists WIU as a “Best Bang for the Buck” college, and Niche.com states WIU is the “Best Value College in Illinois.” Students can earn an affordable Master’s of Business Administration degree through WIU’s well respected College of Business and Technology. Students wishing to apply for admission to this MBA program must submit an online application, official transcripts from all universities attended, a current resume, a personal essay, and GMAT/GRE scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#47 University of South Dakota Beacom School of Business – Vermillion, South Dakota


The University of South Dakota offers an elite MBA program through the Beacom School of Business. This affordable MBA stands out on our ranking due to their outstanding accreditation and respect within the business world.

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The Beacom School of Business at the University of South Dakota offers an affordable Master’s of Business Administration taught by world-class faculty. This distinct MBA carries accreditation through the highly respected Association to Advance Collegiate Schools of Business. This program is 33-51 credit hours, depending on a student’s undergraduate business background. Students will be able to select a specialization in General Business, Health Services Administration, Business Analytics, Finance, Marketing, Operations and Supply Chain Management, or complete a joint B.B.A./M.B.A. fast-track option or a joint M.B.A./J.D. Students can get involved in a wide range of business honor societies and professional business organizations. Through these organizations, students can gain experience as money managers, participate in consulting projects, tour local businesses and financial centers, and attend forums with guest speakers. Students in this distinguished program have the opportunity to broaden their global business perspective through study abroad programs offered in Japan, Australia, and Germany.

The University of South Dakota is a four-year, public university, that holds regional accreditation through the Higher Learning Commission. USD was founded in 1862 and is the oldest public university in the state of South Dakota. USD currently serves over 10,000 students annually, and offers 205 undergraduate degrees and 75 graduate programs, and is home to the state’s only law and medical schools. The main campus is located in Vermillion, and off-campus centers are in Sioux Falls, Rapid City, and Pierre. USD is frequently the recipient of many prestigious awards. U.S. News and World Report recognizes USD as one of America’s “Best National Universities,” and the Princeton Review lists USD on its “Best 382 Colleges” ranking. Beacom Business School is also recognized by the Princeton Review on its “Best Business Schools” list. Students seeking admission into this highly selective Beacom MBA program should submit a completed graduate application, official college transcripts, three letters of recommendation, a statement of purpose, professional resume, and official GMAT scores.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#48 Black Hills State University College of Business and Natural Sciences – Spearfish, South Dakota


The College of Business and Natural Sciences at Black Hills State University offers a highly recognized Master’s of Business Administration in Applied Management degree. This affordable MBA program is geared for working professionals.

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The College of Business and Natural Sciences provides Black Hill State University students with an affordable Master’s of Business Administration in Applied Management degree. This superior MBA is accredited by the Association to Advance Collegiate Schools of Business. Students in this 30 credit hour part-time program meet for classes on Tuesday and Thursday evenings and take one class in the hybrid/online format during the summer. This program can be completed in approximately two years, by enrolling in two courses during the fall and spring and one class in the summer. Courses in this competitive program cover areas of business such as marketing, finance, management, and accounting. Students will gain managerial skills such as the use of management science tools, accounting tools, and critical business principles through case study analysis and applied research. Graduates of this affordable program are poised for management positions in both the public and private sector.

Black Hills State University is a four-year, public, university, nestled in the scenic Black Hills region of South Dakota. BHSU was established in 1883 and is regionally accredited by the Higher Learning Commission. This tight-knit university is home to just over 4,000 students and offers 83 programs leading to associate’s, bachelor’s, and master’s degrees through three academic colleges. Students can join more than 80 clubs and organizations, as well as opportunities to participate in community service. BHSU offers affordable tuition, and students can apply for work study to subsidize their tuition. Among the many affordable programs offered is the Master’s of Business Administration through the College of Business and Natural Sciences. Applications for this competitive MBA must submit an online graduate studies application, official transcripts documenting Bachelor’s degree, three letters of professional recommendation, a detailed resume, and a 500-word personal essay. GMAT scores are recommended to strengthen the candidate’s application.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#49 Colorado State University-Pueblo Malik and Seeme Hasan School of Business – Pueblo, Colorado


The Malik and Seeme Hasan School of Business at Colorado State University-Pueblo offers a highly accredited Master’s of Business Administration degree. This MBA is a great choice for students seeking affordability and an expedited schedule.

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Students at Colorado State University-Pueblo can earn an affordable Master’s of Business Administration degree through the Malik and Seeme Hasan School of Business. This exceptional MBA holds elite accreditation through the Association to Advance Collegiate Schools of Business. This 36 credit hour program is designed to prepare students for high-level management careers in business organizations. The well-rounded and comprehensive curriculum consists of business classes in accounting, business administration, computer information systems, economics, finance, management, and marketing. Students will demonstrate critical thinking skills and gain hands-on experience through group projects and case studies. This affordable MBA program also offers graduate assistantships as a source of financial support. The School of Business partners with corporate affiliates, such as Target, Sherwin-Williams, Enterprise, and Wells Fargo to offer students scholarships, internships, and employment opportunities beyond graduation. Recent MBA graduates are also employed at companies such as Hewlett Packard, FedEx, and the Target Distribution Center.

Colorado State University-Pueblo is a four-year, public institution of higher education that holds regional accreditation from the Higher Learning Commission. Over 6,500 students attend CSU-Pueblo and have the option to choose from 28 undergraduate degrees, ten graduate degrees, and 13 pre-professional degrees through four academic colleges and schools. CSU-Pueblo has been designated as a Hispanic-Serving Institution. The main campus is located in Pueblo, and students can also take classes in Colorado Springs at Fort Carson. Students can participate in a diverse offering of academic, cultural, honor, specific interest, and athletic student organizations. Among the many outstanding degrees offered at CSU-Pueblo is the Master’s of Business Administration provided through the Malik and Seeme Hasan School of Business. This cost-efficient MBA program is open to all students with a bachelor’s degree, regardless of major. Students must submit an online graduate admissions application, and copies of transcripts from all colleges attended.

Business Accreditation: AACSB
Affordability Score: Very Affordable

#50 Clayton State University School of Business – Morrow, Georgia


Clayton State University’s School of Business features a well-respected Master’s of Business Administration degree. This affordable MBA is highly valued in the business world.

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The School of Business at Clayton State University holds prestigious accreditation through the Association to Advance Collegiate Schools of Business. Among the many elite programs offered is the affordable Master’s in Business Administration degree. This 33-credit hour program is perfect for working professionals looking to advance their careers rapidly. Students can complete this MBA in as few as 12 months, by enrolling consecutively in five mini-semesters that are eight weeks each. The curriculum consists of three hours of foundation courses, 21 hours of core courses, and nine hours of concentration courses. Concentrations are offered in Human Resource Leadership, Supply Chain Management, International Business, and Accounting. Students in the concentration for International Business are required to participate in a study abroad program, and students from other concentrations are invited to be part of this unique opportunity, as well. Past study abroad locations have included Belgium, Cuba, Greece, Hungary, India, The Netherlands, Panama, and Turkey.

As a four-year, public school, Clayton State University maintains regional accreditation through the Southern Association of Colleges and Schools, Commission on Colleges. CSU currently serves just over 7,000 students annually and offers five associate’s degrees, 43 undergraduate degrees, and eight graduate degrees through four academic colleges. Students in this MBA have many opportunities to get involved, with a choice of 45 diverse student organizations on campus. According to prestigious U.S. News and World Report, CSU is ranked among the Top 140 Universities in the South. Additionally, CSU is designated as a Community Engaged University by the Carnegie Foundation. Among the many affordable programs offered at CSU is the Master’s of Business Administration through the School of Business. Applicants to this elite program are required to submit an application, official GMAT or GRE scores, three professional references, statement of purpose, and resume. Some students may be asked to complete an interview component.

Business Accreditation: AACSB
Affordability Score: Very Affordable

For more information on business management, check out our Resource Guides and our list of Business & Management Scholarships. For more information on face-to-face MBA programs, look through our Top MBA Programs Super Ranking.

Also, check out our Frequently Asked Questions:

Where are the most affordable online Master’s degrees in Human Resources?
Where are the most affordable online Master’s in Management programs?
Which schools offer the most affordable Master’s in Public Administration degrees?
Where are the most affordable Doctorate in Business Management degrees?

Methodology

A list of almost 950 schools was obtained, and their MBA programs were vetted based on the following two factors:

Accreditation: Accreditation directly affects education standards, program value, and even brand recognition. This, in turn, affects the competitive advantage of each graduate. Accreditation can assure a student that the price may be low, but the value is not. Therefore, every program ranked by OMBAT is regionally accredited by one of the six accrediting agencies recognized by the US Department of Education and additionally accredited by one of the top three business school accrediting institutions: IACBE, ACBSP, and AACSB.

Estimated Tuition Cost: Once the list of all the accredited MBA programs was compiled, each program was ranked based on the estimated total base tuition price. All tuition data was taken from the most recent information available on each MBA program or school website. The base tuition was calculated for the entirety of the degree but does not include fees, books, or room and board; except for programs that only offer all-inclusive figures. If a school provides a lower in-state tuition cost, the in-state pricing was used. The highest MBA tuition from this ranking comes in just over $11,000 with the average resting just over $8,400.

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