The Most Affordable Traditional MBA Degree Programs for 2024

Badge for MOST AFFORDABLE TRADITIONAL MBA PROGRAMS
By Dave Tomar
Published:
Updated:

Are you a working adult in search of an affordable pathway to an advanced degree? Take a look at the most affordable MBA degree programs here.

Key Takeaways

  • Earning an MBA is an excellent way to advance your career goals and improve your earning potential.

  • While the MBA can be costly, there are many excellent graduate schools that offer highly affordable master’s degrees in business.

  • We rank MBA degrees based both on their academic excellence and their effectiveness at keeping tuition rates low.

See our complete guide to MBAs for more information.

When it comes to business schools, affordability is very important. The average cost for a year of tuition and fees in an MBA program is between $20,000 and $80,000.

This means you’ll want to take whatever steps necessary to cut the cost of your graduate degree. While earning an MBA from an elite institution like Harvard Business School, the Chicago Booth School of Business, or Columbia Business School can carry a lot of weight and prestige, it may also cost a fortune.

Institutions like Yale University, Dartmouth College, and New York University are also notoriously expensive business schools.

So how can you find the most affordable MBA degree while still enjoying a high quality education and an immersive on campus experience?

You can jump directly down to our MBA rankings for a look at the best business schools with the lowest tuition and fees. Or you can read on to learn more...

Why Look for the Most Affordable MBA Program?

MBA programs are often quite expensive. Looking for business schools based on affordability is a great way to improve the return on your investment.

Broadly speaking, MBA programs are extremely popular for a reason. Business administration is a gateway to countless high paying careers in the business sector. According to the Bureau of Labor Statistics, top executives are among the best paid professionals in the labor market. Top executives earned a median salary of $98,980 in 2021. While a bachelor’s degree can technically qualify someone for many roles in business, the business sector is highly competitive

Most leadership roles are held by those with an advanced business degree. And because business leaders will typically earn their master’s degree in order to compete for top roles, you may find yourself competing with many other successful MBA students for coveted roles. Attending an affordable school of business can reduce your financial burden as you work your way toward your desired leadership opportunity and pay increase.

Business professionals in a meeting
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How We Ranked the Most Affordable MBA Degree Programs

The most affordable business schools will be both highly reputable and highly cost effective. MBA rankings published by sites like U.S. News & World Report place a heavy weight on reputation surveys alongside factors like acceptance rate and graduation rate. By contrast, Academic Influence measures excellence with a unique metric called Influence.

Influence

Influence-based MBA rankings spotlight the real-world impact of a school’s students, alumni, and faculty members.

The resulting ranking does reflect some of the same outcomes as the annual U.S. News rankings. For instance, top business schools like Harvard Business School, the University of Chicago Booth School of Business, University of Pennsylvania’s Wharton School, the Columbia Business School, The Northwestern University Kellogg School of Business, and other highly prestigious business schools rank both for reputation and Influence.

The Influence metric is a more objective and transparent way of measuring actual student success. Ranking for Influence is a great starting point as you search for the best business school for you. This is because the real-world influence of your professors, classmates and fellow alumni can translate directly into value business networking opportunities.

Affordability

Affordability is based on the average cost of in-state tuition and fees for students enrolled in affiliated MBA programs.

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Consider Online MBA Programs

Many online business schools offer a wide range of part time MBA programs as well as full time MBA programs with self-pacing and asynchronous distance learning opportunities. To learn more about your options, check out the best online master’s programs for MBA students.

If you prefer the more experiential learning approach that comes with a traditional on-campus business school education, read on for a look at the Most Affordable Business Schools for earning your MBA on campus...

For a deep-dive into even more ways to make graduate school as affordable as possible, check out our Guide to Affordable Degrees.

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The 50 Most Affordable MBA Degree Programs

  1. #1

    United States Merchant Marine Academy

    Kings Point , NY
    #1 Most Affordable Graduate Schools Ranked for 2025 #23 Best Liberal Arts Colleges for Engineering Degrees 2025

    Tuition + fees

    $1K

    Acceptance

    27%

    Graduation

    77%

    Student body

    1K

    Median SAT/ACT

    1240/24

    Career Outlook for MBA degree at United States Merchant Marine Academy

    Starting Salary: $166,467
    Salary after 4 years: $189,683
    Compare school
  2. #2

    Oglala Lakota College

    Kyle , SD
    #2 Best Community Colleges in South Dakota 2025

    Tuition + fees

    $3K

    Graduation

    6%

    Student body

    2K

    Career Outlook for MBA degree at Oglala Lakota College

    Cost of Degree: $2,518
    Expenses: $12,850
    Starting Salary: $34,779
    Salary after 4 years: $39,629
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    Compare school
  3. #3

    Sinte Gleska University

    Mission , SD
    #1 Best Community Colleges in South Dakota 2025

    Tuition + fees

    $5K

    Graduation

    10%

    Student body

    1K

    Career Outlook for MBA degree at Sinte Gleska University

    Cost of Degree: $2,108
    Starting Salary: $34,610
    Salary after 4 years: $39,437
    Compare school
  5. #5

    Elizabeth City State University

    Elizabeth City , NC
    #25 Most Influential HBCUs in the US Ranked for 2024 #13 Best Online Colleges in North Carolina 2024 #22 Best Online Bachelor's of Economics Degree Programs for 2024

    Tuition + fees

    $3K

    Acceptance

    74%

    Graduation

    42%

    Student body

    2K

    Median SAT/ACT

    960/19

    Career Outlook for MBA degree at Elizabeth City State University

    Cost of Degree: $5,787
    Expenses: $11,669
    Starting Salary: $54,364
    Salary after 4 years: $61,945
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Elizabeth City State University’s Online Degrees

    BSBA in Business Administration
    Degree Concentrations
    • Management & Entrepreneurship
    • Marketing & Mis
    • Economics & Finance
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Homeland Security
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Interdisciplinary Studies
    Degree Concentrations
    • Global Studies
    • Community Services
    • Individualized
    • Security Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  7. #6

    University of North Carolina at Pembroke

    Pembroke , NC
    #4 Best Online MBA Programs in North Carolina #15 Best Online Master's Programs in North Carolina 2025 #17 Best Online Bachelor's of Economics Degree Programs for 2024 #17 Best Online Colleges in North Carolina 2024
    Other Rankings

    Tuition + fees

    $3K

    Acceptance

    90%

    Graduation

    45%

    Student body

    10K

    Career Outlook for MBA degree at University of North Carolina at Pembroke

    Cost of Degree: $6,851
    Expenses: $15,094
    Starting Salary: $61,454
    Salary after 4 years: $70,025
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    University of North Carolina at Pembroke’s Online Degrees

    BIS in Applied Professional Studies (Financial Administration)
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Business Administration (Finance Track)
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Business Administration (Marketing)
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in Applied Professional Studies
    Degree Concentrations
    • General
    • Office Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Business Administration (Management Track)
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Business Administration (Economics Track)
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in Hospitality
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in Public And Nonprofit Administration
    Degree Concentrations
    • General
    • Allied Health Administration
    • Public Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in Applied Management Information Systems
    Degree Concentrations
    • Operations Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in Criminal Justice Studies
    Degree Concentrations
    • Sociology
    • Substance Abuse
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in Applied Education Studies
    Degree Concentrations
    • Learning And Development
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BIS in General Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  8. #7

    Sioux Falls Seminary

    Sioux Falls , SD
    #5 Most Affordable Graduate Schools Ranked for 2025

    Tuition + fees

    $4K

    Acceptance

    100%

    Student body

    <1K

    Compare school
  9. #8

    Sitting Bull College

    Fort Yates , ND
    #2 Best Community Colleges in North Dakota 2024

    Tuition + fees

    $4K

    Graduation

    21%

    Student body

    <1K

    Career Outlook for MBA degree at Sitting Bull College

    Cost of Degree: $6,710
    Expenses: $10,580
    Starting Salary: $36,130
    Salary after 4 years: $41,168
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    Compare school
  10. #9

    Middle Georgia State University

    Macon , GA
    #5 Best Schools for Becoming an Air Traffic Controller in 2024 #5 Best Online Associate in Finance #5 Best Online Associate in Political Science 2025 #5 Best Online Bachelor's in Cybersecurity in Georgia
    Other Rankings

    Tuition + fees

    $4K

    Acceptance

    100%

    Graduation

    24%

    Student body

    10K

    Median SAT/ACT

    1025/19

    Career Outlook for MBA degree at Middle Georgia State University

    Cost of Degree: $4,414
    Expenses: $17,243
    Starting Salary: $59,091
    Salary after 4 years: $67,332
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Middle Georgia State University’s Online Degrees

    BAS in Business
    Degree Concentrations
    • Technical Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Business
    Degree Concentrations
    • Business Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Technology
    Degree Concentrations
    • Information Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Social Science
    Degree Concentrations
    • Criminal Justice
    • Psychology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in General
    Degree Concentrations
    • Interdisciplinary Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing
    Degree Concentrations
    • Rn To Bsn
    • Required Credits: 90
    • Completion Time: None Reported
    • Format: Online
    BS in Medical
    Degree Concentrations
    • Health Services Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  13. #11

    Western Carolina University

    Cullowhee , NC
    #7 Most Affordable Graduate Schools Ranked for 2025 #8 Best Liberal Arts Colleges in North Carolina 2025 #9 Most Affordable Colleges in North Carolina 2024 #9 Best Public Colleges in North Carolina 2025
    Other Rankings

    Tuition + fees

    $4K

    Acceptance

    85%

    Graduation

    61%

    Student body

    14K

    Median SAT/ACT

    1130/22

    Career Outlook for MBA degree at Western Carolina University

    Cost of Degree: $7,778
    Expenses: $15,787
    Starting Salary: $69,727
    Salary after 4 years: $79,451
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Western Carolina University’s Online Degrees

    BSBA in Business Administration
    Degree Concentrations
    • Innovation Leadership And Entrepreneurship
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSBA in Business Administration And Law
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Criminal Justice
    Degree Concentrations
    • Concentration In Administration Of Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Emergency And Disaster Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Birth-Kindergarten Education
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Emergency Medical Care
    • Required Credits: 16
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing
    • Required Credits: 30
    • Completion Time: None Reported
    • Format: Online
    Compare school
  14. #12

    Red Rocks Community College

    Lakewood , CO
    #14 Best Online Associate's in Physics 2025

    Tuition + fees

    $4K

    Graduation

    39%

    Student body

    10K

    Career Outlook for MBA degree at Red Rocks Community College

    Cost of Degree: $10,979
    Starting Salary: $73,104
    Salary after 4 years: $83,299
    Compare school
  16. #14

    University of Texas Permian Basin

    Odessa , TX
    #19 Best Online Colleges in Texas 2024 #19 Top 20 Most Affordable Online MBA Degree Programs Ranked 2025

    Tuition + fees

    $9K

    Acceptance

    95%

    Graduation

    40%

    Student body

    7K

    Median SAT/ACT

    1000/18

    Career Outlook for MBA degree at University of Texas Permian Basin

    Cost of Degree: $6,906
    Expenses: $17,862
    Starting Salary: $88,299
    Salary after 4 years: $100,613
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    University of Texas Permian Basin’s Online Degrees

    BBA in Business Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BAAS in Industrial Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Industrial Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Marketing
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Humanities
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Political Science
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Child and Family Studies
    Degree Concentrations
    • Learning Development Track
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Communications
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Sociology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing: RN to BSN
    • Required Credits: 121
    • Completion Time: None Reported
    • Format: Online
    Compare school
  19. #16

    Florida Atlantic University

    Boca Raton , FL
    #6 Most Affordable Colleges in Florida 2025 #6 Best Public Colleges in Florida 2025 #7 Best Colleges in Florida 2024 #7 Best Grad Schools in Florida 2024
    Other Rankings

    Tuition + fees

    $5K

    Acceptance

    81%

    Graduation

    62%

    Student body

    37K

    Median SAT/ACT

    1110/22

    Career Outlook for MBA degree at Florida Atlantic University

    Cost of Degree: $6,693
    Expenses: $19,966
    Starting Salary: $81,545
    Salary after 4 years: $92,918
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Florida Atlantic University’s Online Degrees

    BBA in Accounting
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Hospitality And Tourism Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Management
    Degree Concentrations
    • Leadership And Applied Managerial Skills
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Marketing
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Computer Science
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Bachelor Of Public Safety Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Interdisciplinary Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in RN to BSN
    • Required Credits: 32
    • Completion Time: None Reported
    • Format: Online
    BS in Geosciences
    Degree Concentrations
    • Geography
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    Compare school
  22. #19

    Curtis Institute of Music

    Philadelphia , PA
    #9 Most Affordable Graduate Schools Ranked for 2025

    Tuition + fees

    $6K

    Acceptance

    10%

    Graduation

    83%

    Student body

    <1K

    Compare school
  23. #20

    Aspen University

    Phoenix , AZ
    #5 Best Private Colleges in Colorado 2025 #7 Most Affordable Colleges in Colorado 2025 #7 Best Grad Schools in Colorado 2025 #8 Best Small Colleges in Colorado 2024
    Other Rankings

    Tuition + fees

    $5K

    Student body

    14K

    Aspen University’s Online Degrees

    BS in Business Administration
    Degree Concentrations
    • Completion
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Early Childhood Studies
    Degree Concentrations
    • Completion
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Healthcare Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing Rn To Bsn
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  25. #21

    University of the Virgin Islands

    Charlotte Amalie , VI
    #12 Most Influential HBCUs in the US Ranked for 2024

    Tuition + fees

    $5K

    Acceptance

    97%

    Graduation

    27%

    Student body

    2K

    Median SAT/ACT

    895/22

    Career Outlook for MBA degree at University of the Virgin Islands

    Cost of Degree: $7,994
    Expenses: $15,540
    Starting Salary: $59,935
    Salary after 4 years: $68,293
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    Compare school
  26. #22

    Interamerican University of Puerto Rico, Metropolitan Campus

    San Juan , PR
    #5 Best Colleges in Puerto Rico 2025

    Tuition + fees

    $6K

    Acceptance

    47%

    Graduation

    35%

    Student body

    7K

    Career Outlook for MBA degree at Interamerican University of Puerto Rico, Metropolitan Campus

    Cost of Degree: $4,830
    Expenses: $22,432
    Starting Salary: $34,663
    Salary after 4 years: $39,360
    Cost Recoup Time: 8 years
    Paid back at 15% of annual salary
    Compare school
  27. #23

    Interamerican University of Puerto Rico at Ponce

    Mercedita , PR

    Tuition + fees

    $6K

    Acceptance

    53%

    Graduation

    44%

    Student body

    4K

    Career Outlook for MBA degree at Interamerican University of Puerto Rico at Ponce

    Cost of Degree: $3,456
    Starting Salary: $34,663
    Salary after 4 years: $39,360
    Compare school
  28. #24

    Fayetteville State University

    Fayetteville , NC
    #22 Best HBCU Online Master's Programs #8 HBCU MBA Programs Online #8 Best Online MBA in Data Analytics Ranked for Students in 2024 #14 Top 20 Most Affordable Online MBA Degree Programs Ranked 2025
    Other Rankings

    Tuition + fees

    $4K

    Acceptance

    81%

    Graduation

    44%

    Student body

    8K

    Median SAT/ACT

    965/16

    Career Outlook for MBA degree at Fayetteville State University

    Cost of Degree: $6,197
    Expenses: $14,338
    Starting Salary: $58,415
    Salary after 4 years: $66,562
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Fayetteville State University’s Online Degrees

    BS in Accounting
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Business Administration
    Degree Concentrations
    • General
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Fire & Emergency Services Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Intelligence Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Birth Through Kindergarten (Non-Teaching)
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in English Language And Literature
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Professional Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Sociology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing
    Degree Concentrations
    • Rn-Bsn
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  29. #25

    Institute of American Indian Arts

    Santa Fe , NM
    #2 Best Community Colleges in New Mexico 2024

    Tuition + fees

    $6K

    Acceptance

    100%

    Graduation

    27%

    Student body

    1K

    Career Outlook for MBA degree at Institute of American Indian Arts

    Cost of Degree: $12,745
    Expenses: $19,288
    Starting Salary: $30,390
    Salary after 4 years: $34,628
    Cost Recoup Time: 10 years
    Paid back at 15% of annual salary
    Compare school
  31. #26

    Fort Hays State University

    Hays , KS
    #7 15 Best Self-paced Online Colleges Ranked for 2025 #13 Top 20 Best Military Friendly Online Colleges Ranked for 2025 #4 Best Liberal Arts Colleges in Kansas 2024 #7 Most Affordable Colleges in Kansas 2025
    Other Rankings

    Tuition + fees

    $5K

    Acceptance

    88%

    Graduation

    51%

    Student body

    18K

    Median SAT/ACT

    1065/21

    Career Outlook for MBA degree at Fort Hays State University

    Cost of Degree: $4,696
    Expenses: $14,744
    Starting Salary: $72,091
    Salary after 4 years: $82,145
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    Compare school
  32. #27

    Georgia Southwestern State University

    Americus , GA
    #10 Best Public Colleges in Georgia 2025 #10 Best Liberal Arts Colleges in Georgia 2025 #10 Best Small Colleges in Georgia 2025 #3 Best Online Colleges in Georgia 2024
    Other Rankings

    Tuition + fees

    $5K

    Acceptance

    73%

    Graduation

    36%

    Student body

    4K

    Median SAT/ACT

    1085/22

    Career Outlook for MBA degree at Georgia Southwestern State University

    Cost of Degree: $4,408
    Expenses: $16,094
    Starting Salary: $67,701
    Salary after 4 years: $77,143
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Georgia Southwestern State University’s Online Degrees

    BBA in Business
    Degree Concentrations
    • Accounting
    • Human Resources
    • Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Social Science
    Degree Concentrations
    • Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  33. #28

    Caribbean University

    Bayamon , PR

    Tuition + fees

    $6K

    Graduation

    22%

    Student body

    1K

    Career Outlook for MBA degree at Caribbean University

    Cost of Degree: $6,350
    Starting Salary: $31,565
    Salary after 4 years: $35,843
    Compare school
  34. #29

    Bayamón Central University

    Bayamón , PR
    #3 Best Christian Colleges in Puerto Rico 2024

    Tuition + fees

    $6K

    Acceptance

    79%

    Graduation

    31%

    Student body

    1K

    Career Outlook for MBA degree at Bayamón Central University

    Cost of Degree: $6,502
    Expenses: $12,875
    Starting Salary: $31,860
    Salary after 4 years: $36,178
    Cost Recoup Time: 6 years
    Paid back at 15% of annual salary
    Compare school
  35. #30

    Pontifical Catholic University of Puerto Rico

    Ponce , PR
    #1 Best Christian Colleges in Puerto Rico 2024 #2 Best Colleges in Puerto Rico 2025

    Tuition + fees

    $6K

    Acceptance

    95%

    Graduation

    43%

    Student body

    7K

    Career Outlook for MBA degree at Pontifical Catholic University of Puerto Rico

    Cost of Degree: $6,911
    Expenses: $16,460
    Starting Salary: $31,565
    Salary after 4 years: $35,843
    Cost Recoup Time: 8 years
    Paid back at 15% of annual salary
    Compare school
  37. #31

    Clayton State University

    Morrow , GA
    #5 Best Online MBA Programs in Georgia #12 Best Online Colleges in Georgia 2024 #20 Best Online Master's Programs in Georgia 2025 #24 Best Online Bachelor’s of Homeland Security Degree Programs for 2025

    Tuition + fees

    $5K

    Acceptance

    56%

    Graduation

    34%

    Student body

    8K

    Median SAT/ACT

    990/19

    Career Outlook for MBA degree at Clayton State University

    Cost of Degree: $6,134
    Expenses: $16,301
    Starting Salary: $71,415
    Salary after 4 years: $81,375
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Clayton State University’s Online Degrees

    BAS in Administrative Management
    • Required Credits: 24
    • Completion Time: None Reported
    • Format: Online
    BBA in Accounting
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in General Business
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Marketing
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BBA in Supply Chain Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BAS in Homeland Security/Emergency Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Integrative Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in English
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in French
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in History
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Liberal Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Political Science And Government Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Spanish
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSDH in Rdh-Bsdh Completion Track
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Rn-Bsn Completion Track
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  38. #32

    Utah Tech University

    Saint George , UT
    #6 Best Liberal Arts Colleges in Utah 2025 #7 Best Public Colleges in Utah 2024 #9 Best Colleges in Utah 2025 #9 Most Affordable Colleges in Utah 2025
    Other Rankings

    Tuition + fees

    $6K

    Graduation

    36%

    Student body

    14K

    Career Outlook for MBA degree at Utah Tech University

    Cost of Degree: $8,410
    Expenses: $17,590
    Starting Salary: $69,896
    Salary after 4 years: $79,644
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    Compare school
  39. #33

    University of Arkansas–Fort Smith

    Fort Smith , AR
    #10 Best Public Colleges in Arkansas 2024 #7 Best Online Colleges in Arkansas 2024

    Tuition + fees

    $6K

    Graduation

    42%

    Student body

    6K

    Career Outlook for MBA degree at University of Arkansas–Fort Smith

    Cost of Degree: $7,608
    Expenses: $16,231
    Starting Salary: $59,091
    Salary after 4 years: $67,332
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    University of Arkansas–Fort Smith’s Online Degrees

    BA in Communication
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  40. #34

    Columbia Southern University

    Orange Beach , AL
    #1 Most Affordable Online Colleges Ranked for Students 2024 #7 Best Research Universities in Alabama 2024 #2 Best Online Bachelor's in Cybersecurity in Alabama #9 Fastest Accelerated Online Bachelor's of Healthcare Administration
    Other Rankings

    Tuition + fees

    $6K

    Graduation

    33%

    Student body

    31K

    Columbia Southern University’s Online Degrees

    BSBA in Business Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Occupational Safety And Health
    Degree Concentrations
    • Construction Safety
    • Fire Science
    • Oil And Gas
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Information Systems And Cybersecurity
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Criminal Justice Administration
    Degree Concentrations
    • Arson Investigation
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Fire Administration
    Degree Concentrations
    • Fire Investigation
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Homeland Security
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Healthcare Administration
    Degree Concentrations
    • Emergency Medical Services Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  41. #35

    University of West Florida

    Pensacola , FL
    #3 Best Liberal Arts Colleges in Florida 2024 #11 Best Online Master's in English 2025 #11 Best Online Colleges in Florida 2025 #12 Best Online Master's Programs in Florida 2025
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    48%

    Graduation

    53%

    Student body

    17K

    Median SAT/ACT

    1140/24

    Career Outlook for MBA degree at University of West Florida

    Cost of Degree: $9,062
    Expenses: $17,056
    Starting Salary: $73,273
    Salary after 4 years: $83,491
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    University of West Florida’s Online Degrees

    BS in Accounting
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in General Business
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Exceptional Student
    • Required Credits: 132
    • Completion Time: None Reported
    • Format: Online
    BS in Instructional Design And Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Interdisciplinary Social Sciences Community Education Specialization
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Maritime Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Health Sciences
    Degree Concentrations
    • Healthcare Administration
    • Public Health
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in RN to BSN
    • Required Credits: 124
    • Completion Time: None Reported
    • Format: Online
    BA in Psychology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  44. #37

    Universidad del Este

    Carolina , PR
    #7 Best Colleges in Puerto Rico 2025

    Tuition + fees

    $7K

    Graduation

    35%

    Student body

    7K

    Career Outlook for MBA degree at Universidad del Este

    Cost of Degree: $4,652
    Starting Salary: $33,483
    Salary after 4 years: $38,020
    Compare school
  45. #38

    Metropolitan University

    San Juan , PR
    #6 Best Colleges in Puerto Rico 2025

    Tuition + fees

    $7K

    Graduation

    34%

    Student body

    9K

    Career Outlook for MBA degree at Metropolitan University

    Cost of Degree: $4,652
    Starting Salary: $33,483
    Salary after 4 years: $38,020
    Compare school
  46. #39

    Turabo University at Gurabo

    Gurabo , PR

    Tuition + fees

    $7K

    Graduation

    33%

    Student body

    13K

    Career Outlook for MBA degree at Turabo University at Gurabo

    Cost of Degree: $4,652
    Starting Salary: $35,400
    Salary after 4 years: $40,198
    Compare school
  47. #40

    Fort Valley State University

    Fort Valley , GA
    #18 Best HBCU Online Master's Programs #9 Best Public Colleges in Georgia 2025 #9 Best Liberal Arts Colleges in Georgia 2025 #9 Most Affordable Colleges in Georgia Ranked for Students in 2024
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    43%

    Graduation

    46%

    Student body

    3K

    Median SAT/ACT

    880/17

    Career Outlook for MBA degree at Fort Valley State University

    Cost of Degree: $6,052
    Expenses: $14,872
    Starting Salary: $58,584
    Salary after 4 years: $66,754
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Fort Valley State University’s Online Degrees

    BS in Organizational Leadership
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Criminal Justice
    • Required Credits: 123
    • Completion Time: None Reported
    • Format: Online
    BA in Political Science
    • Required Credits: 123
    • Completion Time: None Reported
    • Format: Online
    Compare school
  49. #41

    University of Guam

    Mangilao , GU

    Tuition + fees

    $6K

    Graduation

    38%

    Student body

    4K

    Career Outlook for MBA degree at University of Guam

    Cost of Degree: $6,188
    Expenses: $8,338
    Starting Salary: $56,221
    Salary after 4 years: $64,061
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    Compare school
  50. #42

    MD Anderson Cancer Center

    Houston , TX
    #17 Most Affordable Graduate Schools Ranked for 2025

    Tuition + fees

    $6K

    Student body

    <1K

    Career Outlook for MBA degree at MD Anderson Cancer Center

    Cost of Degree: $7,099
    Starting Salary: $152,117
    Salary after 4 years: $173,331
    Compare school
  51. #43

    Savannah State University

    Savannah , GA
    #6 Best Public Colleges in Georgia 2025 #6 Best Liberal Arts Colleges in Georgia 2025 #7 Most Affordable Colleges in Georgia Ranked for Students in 2024 #7 Best Small Colleges in Georgia 2025
    Other Rankings

    Tuition + fees

    $5K

    Graduation

    28%

    Student body

    4K

    Career Outlook for MBA degree at Savannah State University

    Cost of Degree: $6,120
    Expenses: $11,937
    Starting Salary: $59,091
    Salary after 4 years: $67,332
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Savannah State University’s Online Degrees

    BFA in Arts
    Degree Concentrations
    • Visual & Performing Arts
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BBA in Business
    Degree Concentrations
    • Accounting
    • Business Management
    • Marketing
    • Computer Information Systems
    • Global Logistics & International Business
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BS in Technology
    Degree Concentrations
    • Civil Engineering Technology
    • Computer Science Technology
    • Electronics Engineering Technology
    • Mechanical Engineering Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BA in Emergency Services
    Degree Concentrations
    • Homeland Security & Emergency Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BS in Social Science
    Degree Concentrations
    • Criminal Justice
    • Political Science
    • Sociology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BSED in Education
    Degree Concentrations
    • Secondary Education
    • Engineering Technology Education
    • Middle Grades Education
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BIDS in General
    Degree Concentrations
    • Interdisciplinary Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BA in Humanities
    Degree Concentrations
    • Africana Studies
    • English Language & Literature
    • History
    • Mass Communication
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BSBA in Humanities
    Degree Concentrations
    • Behavior Analysis
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    BSW in Humanities
    Degree Concentrations
    • Social Work
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: None Reported
    Compare school
  53. #45

    Albany State University

    Albany , GA
    #17 Best HBCU Online Master's Programs #8 Best Public Colleges in Georgia 2025 #8 Best Liberal Arts Colleges in Georgia 2025 #8 Most Affordable Colleges in Georgia Ranked for Students in 2024
    Other Rankings

    Tuition + fees

    $5K

    Graduation

    28%

    Student body

    8K

    Career Outlook for MBA degree at Albany State University

    Cost of Degree: $4,858
    Expenses: $13,686
    Starting Salary: $58,415
    Salary after 4 years: $66,562
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Albany State University’s Online Degrees

    BS in Organizational Leadership
    • Required Credits: 123
    • Completion Time: None Reported
    • Format: Online
    BS in Management Information Systems And Technology
    • Required Credits: 123
    • Completion Time: None Reported
    • Format: Online
    BSN in Nursing Rn To Bsn
    • Required Credits: 121
    • Completion Time: None Reported
    • Format: Online
    Compare school
  55. #46

    Winston-Salem State University

    Winston-Salem , NC
    #2 Best Online HBCU Doctoral Programs 2025 #3 Best HBCU Online Master's Programs #2 Best Liberal Arts Colleges in North Carolina 2025 #3 Best Public Colleges in North Carolina 2025
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    73%

    Graduation

    50%

    Student body

    6K

    Median SAT/ACT

    940/16

    Career Outlook for MBA degree at Winston-Salem State University

    Cost of Degree: $7,206
    Expenses: $16,666
    Starting Salary: $62,805
    Salary after 4 years: $71,564
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    Winston-Salem State University’s Online Degrees

    BS in Bachelor Of Science
    Degree Concentrations
    • Birth To Kindergarten Education
    • Clinical Laboratory Science
    • Required Credits: 120-126
    • Completion Time: None Reported
    • Format: Online
    BIS in Bachelor Of Interdisciplinary Studies
    Degree Concentrations
    • Integrative Studies
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BSN in Bachelor Of Science In Nursing
    Degree Concentrations
    • Rn-Bsn
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  57. #48

    Montana State University–Northern

    Havre , MT
    #6 Most Affordable Colleges in Montana 2025 #6 Best Public Colleges in Montana 2024 #7 Best Liberal Arts Colleges in Montana 2024 #7 Best Small Colleges in Montana 2025
    Other Rankings

    Tuition + fees

    $6K

    Graduation

    29%

    Student body

    1K

    Career Outlook for MBA degree at Montana State University–Northern

    Cost of Degree: $7,201
    Expenses: $11,626
    Starting Salary: $68,208
    Salary after 4 years: $77,720
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Montana State University–Northern’s Online Degrees

    BS in Business Administration
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BAS in Business Technology
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BAS in Trades Management
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BS in Criminal Justice
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    BA in Community Leadership
    • Required Credits: 120
    • Completion Time: None Reported
    • Format: Online
    Compare school
  58. #49

    Weber State University

    Ogden , UT
    #1 Best Liberal Arts Colleges in Utah 2025 #3 Best Public Colleges in Utah 2024 #4 Best Colleges in Utah 2025 #4 Most Affordable Colleges in Utah 2025
    Other Rankings

    Tuition + fees

    $6K

    Graduation

    42%

    Student body

    37K

    Career Outlook for MBA degree at Weber State University

    Cost of Degree: $8,874
    Expenses: $15,692
    Starting Salary: $84,247
    Salary after 4 years: $95,996
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    Compare school
  59. #50

    University of North Florida

    Jacksonville , FL
    #13 Most Affordable Graduate Schools Ranked for 2025 #9 Most Affordable Colleges in Florida 2025 #9 Best Public Colleges in Florida 2025 #4 Top 10 Best Online Bachelor's of Nursing (BSN) Programs 2025
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    71%

    Graduation

    68%

    Student body

    20K

    Median SAT/ACT

    1110/21

    Career Outlook for MBA degree at University of North Florida

    Cost of Degree: $10,364
    Expenses: $16,944
    Starting Salary: $83,065
    Salary after 4 years: $94,649
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    Compare school

Career Outlook for Students with MBA Degree

Go to Degree Finder tool

Business Administration And Management

Degree Level: Master's

  • Location: The U.S. (Private Schools)
  • Avg. Cost of Degree*: $11,907
  • Avg. Expenses*: $17,637
  • Avg. Starting Salary*: $83,399
  • Avg. Salary after 4 Years*: $95,030
  • Avg. Cost Recoup Time**: 4 years
  • Job Growth: 6.72%
  • Number of Jobs: 12,486,499
  • * denotes ‘annually’
  • ** denotes ‘at 15% of annual salary’

Career Salaries

CareerJob GrowthAvg. Salary
Chief Executives5.48%$206,680
Computer and Information Systems Managers17.42%$169,510
Compensation and Benefits Managers2.09%$136,380
Purchasing Managers5.04%$136,380
Human Resources Managers6.51%$136,350

Top Industries

IndustryAvg. Salary
Chief Executives$206,680
Computer and Information Systems Managers$169,510
Compensation and Benefits Managers$136,380
Data from The Bureau of Labor Statistics, The Department of Education College Scorecard, The Department of Education NCES, and The Council for Community and Economic Research.

What to Look for in Affordable Business Schools

Before choosing a school of business for your MBA, there are few factors you’ll need to consider:

Accreditation

Business school accreditation is extremely important when it comes to choosing your MBA program. Accreditation provides assurances that you are getting a quality education, receiving current course material, and gaining access to qualified faculty members. Moreover, only graduate students earning MBAs from business schools with accreditation from Department of Education-recognized accreditors will be eligible for financial aid.

Reputation

Depending on your career goals, the reputation of your MBA may be important. Earning an MBA from a highly reputable graduate school can significantly improve your chances for career advancement and a top salary. Many business leaders will carry marquee names like Stanford University and Columbia University on their MBA degrees.

Availability of Online Classes

An online MBA program can be a great way to save money. While tuition and fees are often similar, online MBA students save on campus expenses like housing, travel, and certain campus fees. Online MBA programs typically provide a pathway to the same courses in areas like business analytics, international business, business ethics, and other business fundamentals.

The online format is also a great option for MBA students who are already working professionals. The online program will often include a variety of flexible options including the part time MBA program, the evening MBA, and a wide range of asynchronous options where business professionals can work at their own pace. With this type of flexibility, the online MBA program makes it possible to balance student life and business education with real-world business challenges. Online MBA students can also save on additional expenses like housing, transportation and certain campus fees.

MBA students with an interest in taking some online courses should find out what programs and courses may be available through distance learning. Working adults pursuing their MBA may also want to determine the availability of both part time MBA programs and full time MBA programs.

Financial Aid

All prospective MBA students should fill out their Free Application For Federal Student Aid (FAFSA) every year. As an MBA student, you may or may not be eligible for federal, state-based or school based student aid. Naturally, financial aid can be a great way to make your graduate education more affordable.

While graduate students are typically not eligible for as many aid opportunities as undergraduate students, it’s important to complete your FAFSA. You may be able to offset at least some portion of the cost for your MBA.

Woman using an electronic tablet

What’s the difference between an MBA and an Executive MBA?

And if your career goals include business leadership, you might consider a specialized concentration such as the executive MBA program. The executive MBA program will typically be reserved for those who have already attained some level of leadership in their field.

For instance, the Jones Graduate School of Business at Rice University describes the executive MBA as an excellent fit for “leaders and experienced executives.”

If you are a working professional with an interest in attending business school, the executive MBA may be a good fit for you.

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How to Get into an Affordable MBA Program

Test Scores

Many MBA programs will require you to submit GRE Test Scores. These can impact your chances of admission.

Undergraduate Degree

You need a bachelor’s degree from an accredited four-year program. This undergraduate degree can be in any subject. You don’t necessarily have to major in business. to pursue an MBA program.

Undergraduate GPA

The typical graduate level business administration program will include a requirement for a minimum GPA–usually 3.0.

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Considering an Online MBA Program?

Graduate students looking for an affordable alternative to the traditional school of business may consider earning their online MBA degree. It is increasingly possible to complete a full time MBA program without taking on campus courses. Many online students find ways to save money in areas like housing, transportation, and certain campus fees. And while out of state students will typically pay full price, in state public university students can receive discounts on tuition and fees for choosing from online MBA programs in state.

Your online MBA program will typically include many of the same subjects, such as international business, business analytics, and emerging technology in business.

Many of the best business schools offer a full array of online courses. So if you are working to balance job responsibilities while attending business school, an online MBA program may make it possible to manage everything at one.

As with the traditional MBA, the online MBA program can prepare students for leadership opportunities and specialized roles in their organization. The online master’s program in business administration is a particularly versatile degree. And if you’re considering an executive MBA, many online programs are geared toward graduate students who have already made significant advancements in their career.

Going to online business school or online school of management makes it possible to balance your current workplace responsibilities with your graduate level coursework.

Do you have a question about this topic? Ask it here