Top 20 Most Affordable Online MBA Degree Programs Ranked 2025

Badge for CHEAPEST ONLINE MBA PROGRAMS
By Dave Tomar
Published:
Updated:

An online MBA program can give you a significant career boost, but can you earn the degree without breaking the bank? We rank the most affordable MBA programs here.

Key Takeaways

  • An online MBA program is a convenient and often more affordable alternative to on-campus MBAs.

  • The cheapest online MBA programs are often those that find ways to deliver flexible online learning to graduate students with busy lives.

  • A growing number of top business schools now offer affordable online MBA programs.

Most Affordable Online MBA Degree Programs in 2025

  1. Wayne State University
    +7
  2. University of Montana
    +12
  3. Arkansas State University
    +15
  4. Georgia Southern University
    +13
  5. Angelo State University
    +2
  6. University of West Georgia
    +4
  7. University of Central Arkansas
    +12
  8. Valdosta State University
    +3
  9. Albany State University
    –7
  10. Aspen University
    –4

2025 Ranking Update

Our Influence Ranking Engine™ leverages machine learning to track the real-world influence of colleges and universities over time. Below you’ll see which schools gained or lost ground for the 2025 school year.

In 2025, the top ten schools in our ranking of the most affordable online MBA programs saw a large amount of shift. Arkansas State University gained the most ranking positions as the university enhanced its online MBA platform with interactive case studies, real-time simulations, and virtual collaboration tools, allowing students to engage more deeply with the material. Additionally, new specializations in high-demand areas such as data analytics, healthcare management, and global business have been added, giving students more tailored options for their career goals. Arkansas State has also strengthened its networking opportunities for online MBA students by offering virtual career fairs, mentorship programs with industry leaders, and access to exclusive internships with partner companies. These updates make the online MBA experience more dynamic and career-focused.

Featured Programs

The 20 Most Affordable Online MBA Programs

How we rank the most affordable online MBA degree programs

In most cases, the most affordable MBA degree will be the one offered by a public university in your state. Online grad students enjoy access to in-state tuition rates just like traditional on-campus students.

That’s why we’ve ranked these online MBA programs based on in-state tuition rates. (*Out of state students may pay higher tuition to attend the MBA programs listed below.) The affordable MBA degrees ranked below below are all public options with an extensive range of online classes.

  1. #1

    Wayne State University

    Detroit , MI
    #2 The Most Influential Universities and Colleges Ranked by State 2024 #3 Best Colleges in Michigan 2025 #3 Best Research Universities in Michigan 2025 #3 Best Grad Schools in Michigan 2024
    Other Rankings

    Tuition + fees

    $16K

    Acceptance

    75%

    Graduation

    60%

    Student body

    29K

    Median SAT/ACT

    1150/24

    Career Outlook for MBA degree at Wayne State University

    Cost of Degree: $20,482
    Expenses: $17,488
    Starting Salary: $88,299
    Salary after 4 years: $100,613
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    What do we love about Wayne State University?

    Wayne State University was founded in 1868 by five returning Civil War veterans. Initially chartered as the Detroit Medical College, today the public university is the third largest in the state of Michigan.

    Wayne State University serves roughly 25,000 students at both the graduate and undergraduate levels online, at its flagship Detroit campus and across form satellite campuses.

    • Wayne State University is great for students who:

      Are still choosing their major. Wayne State has more than 350 degree programs to choose from.

    • Wayne State University might not be the best fit for students who:

      Prefer a traditional campus experience. Some students describe Wayne State as a “commuter school.”

    Compare school
  2. #2

    University of Montana

    Missoula , MT
    #1 Best Research Universities in Montana 2025 #1 Best Colleges in Montana 2025 #1 Best Public Colleges in Montana 2024 #1 Most Affordable Colleges in Montana 2025
    Other Rankings

    Tuition + fees

    $8K

    Acceptance

    95%

    Graduation

    46%

    Student body

    12K

    Career Outlook for MBA degree at University of Montana

    Cost of Degree: $9,580
    Expenses: $17,076
    Starting Salary: $73,104
    Salary after 4 years: $83,299
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Montana known for?

    University of Montana’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Montana?

    University of Montana was formed in 1893 in Missoula, Montana. Founded just four years after Montana’s achievement of statehood, the institution was actually awarded to the town in exchange for its support of territory-capital Helena, then bidding to retain its status as the seat of government.

    Just as Helena would become the state capital, University of Montana would become the state’s flagship public research university.

    The University of Montana is noted today for its high level of research activity. And with roughly 11,000 students at both the undergraduate and postgraduate levels, University of Montana is the second largest campus in the state system.

    • University of Montana is great for students who:

      Enjoy nature and the outdoors. Students describe the campus as beautiful as well as being inclusive and welcoming.

    • University of Montana might not be the best fit for students who:

      Are still undecided on their major. Students note that course offerings are not as plentiful here as in some other public universities.

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  3. #3

    Arkansas State University

    Jonesboro , AR
    #3 Most Affordable Colleges in Arkansas 2024 #3 Best Public Colleges in Arkansas 2024 #3 Best Colleges in Arkansas 2024 #3 Best Grad Schools in Arkansas 2025
    Other Rankings

    Tuition + fees

    $7K

    Acceptance

    70%

    Graduation

    53%

    Student body

    18K

    Median SAT/ACT

    1090/22

    Career Outlook for MBA degree at Arkansas State University

    Cost of Degree: $6,980
    Expenses: $18,472
    Starting Salary: $61,792
    Salary after 4 years: $70,410
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary
    What is Arkansas State University known for?

    Arkansas State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Arkansas State University?

    Arkansas State University was formed in 1909, which makes it the flagship campus in the state’s public university system. Beginning life as a regional agricultural school, today ASU has more than 150 degree programs at both the undergraduate and graduate levels. Its main campus in Jonesboro, Arkansas is also home to the state’s largest library.

    With more than 14,000 students enrolled, ASU is the second largest institution of higher learning in the state of Arkansas.

    • Arkansas State University is great for students who:

      Enjoy nature. The campus sits at elevation atop a formation known as Crowley’s Ridge. Student’s describe ASU as a warm, welcoming, and beautiful environment.

    • Arkansas State University might not be the best fit for students who:

      Are not self-motivated. Students say this school is ideal for students who are good at working independently.

    Compare school
  4. #4

    Georgia Southern University

    Statesboro , GA
    #4 Best Public Colleges in Georgia 2025 #4 Most Affordable Colleges in Georgia Ranked for Students in 2024 #4 The Most Influential Universities and Colleges Ranked by State 2024 #7 Best Research Universities in Georgia 2025
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    89%

    Graduation

    53%

    Student body

    31K

    Median SAT/ACT

    1065/20

    Career Outlook for MBA degree at Georgia Southern University

    Cost of Degree: $6,520
    Expenses: $19,667
    Starting Salary: $77,831
    Salary after 4 years: $88,685
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Georgia Southern University known for?

    Georgia Southern University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Georgia Southern University?

    Georgia Southern University was formed in 1906, and began its history as the First District Agricultural & Mechanical School. Today, the public university in Statesboro, Georgia offers more than 140 different degree programs at the undergraduate and postgraduate levels.

    Serving nearly 27,000 students, Georgia Southern is the fifth largest institution in the state university system and the largest in the southern portion of the state.

    • Georgia Southern University is great for students who:

      Are studying nursing, biology, and the liberal arts. Georgia Southern offers popular and well-rated programs in each of these areas.

    • Georgia Southern University might not be the best fit for students who:

      Are seeking a school in a lively community. Students note that the small community around Georgia Southern offers few opportunities for recreation on nights and weekends.

    Compare school
  6. #5

    Angelo State University

    San Angelo , TX
    #9 Best Liberal Arts Colleges in Texas 2024 #8 15 Fastest Accelerated Online Master's of Psychology Programs #11 Best Online MBA Programs in Texas #15 Best Online Bachelor's in Social Work Degree Programs Ranked for 2025
    Other Rankings

    Tuition + fees

    $8K

    Acceptance

    79%

    Graduation

    41%

    Student body

    12K

    Median SAT/ACT

    1025/20

    Career Outlook for MBA degree at Angelo State University

    Cost of Degree: $7,394
    Expenses: $16,870
    Starting Salary: $78,169
    Salary after 4 years: $89,070
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Angelo State University known for?

    Angelo State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Angelo State University?

    Angelo State University was founded in 1928, and began its history as San Angelo College. Gaining university status in 1967, the public San Angelo, Texas university began granting graduate degrees in 1969.

    Today, Angelo State University is part of the Texas Tech University System. With more than 10,000 students at the undergraduate and graduate levels, Angelo State is Texas Tech’s second largest campus.

    • Angelo State University is great for students who:

      Enjoy smaller classes. Students describe professors as accessible and the campus community as highly welcoming.

    • Angelo State University might not be the best fit for students who:

      Plan to commute by car. Many students describe the parking at Angelo State as difficult to navigate.

    Compare school
  7. #6

    University of West Georgia

    Carrollton , GA
    #5 Best Public Colleges in Georgia 2025 #6 Most Affordable Colleges in Georgia Ranked for Students in 2024 #8 Best Research Universities in Georgia 2025 #8 Best Grad Schools in Georgia 2024
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    80%

    Graduation

    43%

    Student body

    15K

    Median SAT/ACT

    1035/19

    Career Outlook for MBA degree at University of West Georgia

    Cost of Degree: $5,938
    Expenses: $17,669
    Starting Salary: $70,402
    Salary after 4 years: $80,221
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of West Georgia known for?

    University of West Georgia’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of West Georgia?

    University of West Georgia formed as the 4th District A&M School in 1906. Gaining college status in 1933, and joining the public state school system in 1996, University of West Georgia is one of four comprehensive universities in the state today.

    With a primary campus in Carrollton, Georgia and a satellite campus in Newnan, the University of West Georgia today serves more than 13,000 students at the undergraduate and graduate levels.

    • University of West Georgia is great for students who:

      Are looking for affordable options. Students describe UWG as a great deal for the money.

    • University of West Georgia might not be the best fit for students who:

      Prefer a lively campus on the weekends. Students describe the Carrollton campus as fairly quiet.

    Compare school
  8. #7

    University of Central Arkansas

    Conway , AR
    #4 Most Affordable Colleges in Arkansas 2024 #4 Best Public Colleges in Arkansas 2024 #4 Best Grad Schools in Arkansas 2025 #4 Best Research Universities in Arkansas 2024
    Other Rankings

    Tuition + fees

    $10K

    Acceptance

    91%

    Graduation

    50%

    Student body

    12K

    Median SAT/ACT

    1035/22

    Career Outlook for MBA degree at University of Central Arkansas

    Cost of Degree: $7,162
    Expenses: $15,339
    Starting Salary: $71,753
    Salary after 4 years: $81,760
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is University of Central Arkansas known for?

    University of Central Arkansas’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about University of Central Arkansas?

    University of Central Arkansas is one of the oldest institutions in the state of Arkansas. Formed as the Arkansas State Normal School in 1907, it was in fact the state’s only teaching college for much of its early operation, which made it the primary source for most of the state’s educators.

    Today, the University of Central Arkansas serves more than 11,000 students at both the undergraduate and graduate levels.

    • University of Central Arkansas is great for students who:

      Are pursuing careers in nursing, education, and business. University of Central Arkansas has noted programs in each of these popular disciplines.

    • University of Central Arkansas might not be the best fit for students who:

      Don’t prefer a campus with a prominent Greek system. Students indicate that fraternities and sororities play a defining role in the social atmosphere at UCA.

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  9. #8

    Valdosta State University

    Valdosta , GA
    #5 Most Affordable Colleges in Georgia Ranked for Students in 2024 #7 Best Public Colleges in Georgia 2025 #9 Best Research Universities in Georgia 2025 #9 Best Grad Schools in Georgia 2024
    Other Rankings

    Tuition + fees

    $6K

    Acceptance

    89%

    Graduation

    40%

    Student body

    14K

    Median SAT/ACT

    1040/19

    Career Outlook for MBA degree at Valdosta State University

    Cost of Degree: $6,208
    Expenses: $16,368
    Starting Salary: $70,234
    Salary after 4 years: $80,028
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Valdosta State University known for?

    Valdosta State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Valdosta State University?

    Valdosta State University was formed in 1913 as the Georgia State Normal College. In its first year of operation, the teaching college included three college level students and 15 prep level students. In the next decade, the institution evolved into the Georgia State Women’s College.

    By 1950, Valdosta State had become a coeducational institution. Today, Valdosta serves more than 12,000 students at the undergraduate and graduate levels.

    • Valdosta State University is great for students who:

      Are pursuing careers in education, business administration, and health sciences. Valdosta offers excellent programs in each of these areas.

    • Valdosta State University might not be the best fit for students who:

      Are seeking a big city campus experience. Some students describe opportunities for off-campus activity as limited in the relatively small town of Valdosta.

    Compare school
  10. #9

    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
    What is Albany State University known for?

    Albany State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Albany State University?

    Albany State University was founded in 1903 by Joseph Winthrop Holley, the son of former slaves. Inspired by civil rights icon W.E.B. Du Bois, Holley founded a school in Albany, Georgia.

    Originally conceived to educate local Black citizens, the small teaching institution became the state-run Georgia Normal and Agricultural College in 1917.

    Joining the Georgia state university system in 1932, the public HBCU serves more than 6000 students today.

    • Albany State University is great for students who:

      Are studying in areas like nursing, business, and liberal arts. Each of these programs is highly popular among Albany’s students.

    • Albany State University might not be the best fit for students who:

      Are dependent on financial aid. Students describe the financial administrative offices as somewhat slow to process forms and financial aid packages.

    Compare school
  12. #10

    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

    What do we love about the Aspen University?

    Aspen University is a fully online university offering both undergraduate and graduate degrees in a wide range of subject areas including nursing, education, and counseling. Aspen’s bachelor’s and master’s degrees in Psychology of Addiction and Counseling are approved by the National Association for Alcoholism and Drug Abuse Counselors (NAADAC).

    The University of Aspen was actually founded as the International Academy in the 1960s, and significantly predates the inception of online education.

    • Aspen University is great for students who:

      Wish to choose from a wide range of fully online undergraduate and graduate degree programs.

    • Aspen University might not be the best fit for students who:

      Require a regionally accredited degree.

    Compare school
    13. Male student smiling in a blue shirt
  13. #11

    Southeastern Oklahoma State University

    Durant , OK
    #6 Cheapest Colleges in Oklahoma 2025 #8 Best Small Colleges in Oklahoma 2024 #8 Best Liberal Arts Colleges in Oklahoma 2024 #8 Best Public Colleges in Oklahoma 2024
    Other Rankings

    Tuition + fees

    $7K

    Acceptance

    74%

    Graduation

    34%

    Student body

    7K

    Median SAT/ACT

    1020/20

    Career Outlook for MBA degree at Southeastern Oklahoma State University

    Cost of Degree: $5,220
    Expenses: $12,176
    Starting Salary: $69,221
    Salary after 4 years: $78,874
    Cost Recoup Time: 3 years
    Paid back at 15% of annual salary
    What is Southeastern Oklahoma State University known for?

    Southeastern Oklahoma State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Southeastern Oklahoma State University?

    Southeastern Oklahoma State University was formed in 1909 as the Southeastern State Normal School. Operating as a teaching school for its first 30 years of operation, Southeastern began to offer arts and sciences bachelor’s degrees in 1939.

    The Durant, Oklahoma-based research institution is noted today for its popular programs in business, education, and biology. Today, the public university serves roughly 5000 students at the undergraduate and graduate levels.

    • Southeastern Oklahoma State University is great for students who:

      Are pursuing careers in aviation. Southeastern is noteworthy for offering one of the best aviation degrees for the cost.

    • Southeastern Oklahoma State University might not be the best fit for students who:

      Are seeking a lively campus experience. Students describe both the campus and surrounding region as relatively quiet.

    Compare school
  14. #12

    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
    What is Georgia Southwestern State University known for?

    Georgia Southwestern State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Georgia Southwestern State University?

    Georgia Southwestern State University was founded in 1906, and was originally known as the Third District Agricultural and Mechanical School. The Americus, Georgia-based school would become a part of the state university system in 1932. The college exclusively granted two-year degrees for the next three decades.

    Granting its first four-year degrees in 1969, Georgia Southwestern took its present name in 1996. Today, Georgia Southwestern serves roughly 3000 students at both the undergraduate and postgraduate levels.

    • Georgia Southwestern State University is great for students who:

      Like the outdoors. The Georgia Southwestern campus is often noted for its beautiful campus and its warm, welcoming community.

    • Georgia Southwestern State University might not be the best fit for students who:

      Don’t like the heat. Students describe the region as extremely hot and humid during the spring and summer months.

    Compare school
  16. #13

    Fitchburg State University

    Fitchburg , MA
    #8 Best Public Colleges in Massachusetts 2024 #9 Most Affordable Colleges in Massachusetts Ranked for Students in 2024 #7 Best Online Colleges in Massachusetts 2024 #15 Best Online MBA Programs in Massachusetts
    Other Rankings

    Tuition + fees

    $11K

    Acceptance

    86%

    Graduation

    56%

    Student body

    10K

    Median SAT/ACT

    1120/25

    Career Outlook for MBA degree at Fitchburg State University

    Cost of Degree: $6,246
    Expenses: $17,825
    Starting Salary: $80,026
    Salary after 4 years: $91,186
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Fitchburg State University known for?

    Fitchburg State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Fitchburg State University?

    Fitchburg State University was formed in 1894, and began life as the State Normal School of Fitchburg. The public university’s original mission was to provide secondary education exclusively to women in the surrounding Fitchburg, Massachusetts region. Fitchburg gained the right to grant undergraduate degrees in 1930, and added graduate programs in 1935.

    The primarily education-focused school became the State College at Fitchburg in 1960, and earned its present name in 2010. Today, Fitchburg State University offers nearly 100 undergraduate and graduate-level programs across 25 academic departments, serving a student body of nearly 5000.

    • Fitchburg State University is great for students who:

      Are seeking an affordable undergraduate or graduate degree program. Fitchburg is particularly accessible for in-state students.

    • Fitchburg State University might not be the best fit for students who:

      Don’t prefer a city environment. Students describe the area around campus as urban.

    Compare school
  17. #14

    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 Best Online Bachelor's of English Degree Programs for 2024
    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
    What is Fayetteville State University known for?

    Fayetteville State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Fayetteville State University?

    Fayetteville State University was formed in 1867 as the Howard School and is the second oldest state supported school in the state of North Carolina. The public historically black college was in fact the first teacher training school for African Americans in North Carolina and was, for much of its early history, called the State Colored Normal School.

    Becoming Fayetteville State College in 1963, and reorganizing as Fayetteville State University in 1969, the institution serves more than 6000 undergraduate and postgraduate students today.

    • Fayetteville State University is great for students who:

      Are pursuing careers in business and science. Fayetteville has noteworthy programs in these popular disciplines.

    • Fayetteville State University might not be the best fit for students who:

      Are planning to commute to college by car. Students routinely describe parking at Fayetteville as challenging.

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  18. #15

    Cameron University

    Lawton , OK
    #8 Cheapest Colleges in Oklahoma 2025 #9 Best Public Colleges in Oklahoma 2024 #1 Best Online Associate Degrees in Oklahoma 2025 #8 Best Online Master's Programs in Oklahoma 2025
    Other Rankings

    Tuition + fees

    $7K

    Graduation

    25%

    Student body

    4K

    Career Outlook for MBA degree at Cameron University

    Cost of Degree: $4,896
    Expenses: $16,923
    Starting Salary: $64,493
    Salary after 4 years: $73,488
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Cameron University known for?

    Cameron University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Cameron University?

    Cameron University was formed in 1908 as the Cameron State School of Agriculture. Today, the Lawton, Oklahoma-based public university provides more than 50 undergraduate and postgraduate degree programs, catering to students in the generally rural region.

    Cameron University held its first classes in the basement of a local bank more than a century ago. Today, the public institution holds classes predominantly on nights and weekends, which makes it an excellent fit for adult learners. There are currently more than 5000 students enrolled today.

    • Cameron University is great for students who:

      Are seeking an affordable education. Students describe both the cost of attendance and the cost of living in the region as comparatively low.

    • Cameron University might not be the best fit for students who:

      Are seeking a campus with a lively weekend and nightlife. Some students describe Cameron as a commuter school.

    Compare school
  19. #16

    Chadron State College

    Chadron , NE
    #3 Best Liberal Arts Colleges in Nebraska 2024 #4 Best Small Colleges in Nebraska 2025 #4 Best Public Colleges in Nebraska 2024 #5 Most Affordable Colleges in Nebraska 2025
    Other Rankings

    Tuition + fees

    $8K

    Graduation

    44%

    Student body

    3K

    Career Outlook for MBA degree at Chadron State College

    Cost of Degree: $6,383
    Expenses: $15,060
    Starting Salary: $72,597
    Salary after 4 years: $82,722
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Chadron State College known for?

    Chadron State College’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Chadron State College?

    Chadron State College was formed in 1911 as the Nebraska Normal School. From its beginnings as a regional teacher college to its current status as one of three public universities in the state of Nebraska, Chadron is notable for its 100% admission rate.

    Its accessibility makes Chadron State College a great point of entry for students living in the rural regions in surrounding Dawes County, especially in disciplines like business, healthcare, and liberal arts. Today, more than 3000 students are pursuing degrees at both the undergraduate and graduate levels.

    • Chadron State College is great for students who:

      Are seeking an affordable public education. Students describe both the cost of attendance and the cost of living as comparatively low at Chadron.

    • Chadron State College might not be the best fit for students who:

      Are seeing a larger school. Students describe the campus and classes as small and intimate.

    Compare school
  20. #17

    Rogers State University

    Claremore , OK
    #2 Best Online Bachelor's in Cybersecurity Degree Programs in Oklahoma #2 Best Online Associate Degrees in Oklahoma 2025 #9 Best Online MBA Programs in Oklahoma #11 Best Online Master's Programs in Oklahoma 2025
    Other Rankings

    Tuition + fees

    $7K

    Graduation

    25%

    Student body

    4K

    Career Outlook for MBA degree at Rogers State University

    Cost of Degree: $6,864
    Expenses: $16,948
    Starting Salary: $66,351
    Salary after 4 years: $75,604
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary
    What is Rogers State University known for?

    Rogers State University’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about Rogers State University?

    Rogers State University was formed in 1909 as the Eastern University Preparatory School and spent the better part of the early 20th century serving as a military academy. Achieving university status in 1996, Rogers now offers 30 undergraduate degrees as well as a Master of Business Administration.

    Based in Claremore, Oklahoma—with additional campuses in Bartlesville and Pryor Creek—Rogers serves more than 4000 students today.

    • Rogers State University is great for students who:

      Are seeking small class sizes. Students describe classes as intimate and professors as accessible and attentive.

    • Rogers State University might not be the best fit for students who:

      Are looking to get involved in extracurricular activities. Students note that the number of campus activities to choose from is relatively limited.

    Compare school
  22. #18

    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

    What do we love about Columbia Southern University?

    Columbia Southern is a private online school that operates on a for-profit model. Headquartered in Orange Beach, Alabama, Columbia Southern University was founded in 1993.

    Columbia Southern University is accredited by the national Distance Education Accreditation Commission (DEAC). However, the online school is also currently under consideration for regional accreditation from the Southern Association of Colleges and Schools Mission on Colleges (SACSCOC).

    • Columbia Southern University is great for students who:

      Enjoy the flexibility and convenience of a wholly online education.

    • Columbia Southern University might not be the best fit for students who:

      Are undecided regarding a major. With 26 associate, bachelor’s and master’s level degrees, Columbia Southern is a better fit for students planning to study in the specific areas where the online school specializes.

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  23. #19

    University of Texas Permian Basin

    Odessa , TX
    #19 Best Online Colleges in Texas 2024 #14 The Most Affordable Traditional MBA Degree Programs for 2024

    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
    What is University of Texas Permian Basin known for?

    University of Texas Permian Basin’s faculty and alumni have been influential in:

    Most Influential Alumni

    What do we love about the University of Texas Permian Basin?

    University of Texas Permian Basin was authorized in 1969 and formally founded in 1973. Based in the city of Odessa, Texas, the public university is noted for its state of the art science and technology facilities, including its ongoing plans to build one of the nation’s first new university-based nuclear reactor testing facilities in more than a decade.

    Today, University of Texas Permian Basin occupies more than 600 acres and serves roughly 8000 students. Of these, nearly half are studying at the post-graduate level.

    • University of Texas Permian Basin is great for students who:

      Are looking for a strong liberal arts program at an affordable price.

    • University of Texas Permian Basin might not be the best fit for students who:

      Are interested in attending college football games. In a state where college football is extremely popular, Permian Basin does not have a team.

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  24. #20

    University of Arkansas Grantham

    LIttle Rock , AR
    #3 Most Affordable Online Colleges Ranked for Students 2024 #4 Best Online Bachelor's in Strategic Communications Degree Programs #8 Best Online Colleges in Arkansas 2024 #18 Most Affordable Online Bachelor's Degree Programs Ranked for 2025
    Other Rankings

    Tuition + fees

    $8K

    Graduation

    25%

    Student body

    9K

    What is University of Arkansas Grantham known for?

    University of Arkansas Grantham’s faculty and alumni have been influential in:

    What do we love about Grantham University?

    Grantham University was founded in 1951, and originally began its existence as a for-profit radio licensing school. Even as Grantham expanded into a full-scale university, it exclusively provided distance education courses.

    By 2021, Grantham had made the full transition to online-only courses. That same year, the for-profit school was purchased by the University of Arkansas system for just $1! Gaining public status, the Little Rock, Arkansas-headquartered school now serves more than 4000 online undergraduate and postgraduate students.

    • Grantham University is great for students who:

      Enjoy a self-paced educational experience. Satisfied students described the convenience of being able to complete courses on their own time.

    • Grantham University might not be the best fit for students who:

      Are seeking a traditional campus experience, as Grantham is a fully online college.

    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.

The Master of Business Administration is a valuable graduate degree. However, it can also be very expensive.

The average cost of grad school is somewhere between $30,000 and $40,000 per year for both private and public grad schools. However, you can pay as much as $100,000 per year to attend some of the nation’s most prestigious business schools.

Of course, the MBA may still be well worth it. After all, working professionals who complete an advanced business administration program typically enjoy better opportunities for career advancement and improved earning power.

The Bureau of Labor Statistics (BLS) says that MBA students will earn $20,000-$30,000 more than college graduates. The BLS says MBA students with specializations like securities, commodities, and financial services can earn 90% more than college grads!

This makes the online MBA a good investment. But starting an affordable online MBA program can make a world of difference.

Fortunately, many of the best online MBA programs are also designed to reduce your costs and limit your student loan debt. If you’re planning on attending a college of business for your graduate degree, now is a good time to make your first savvy business decision. Shop around for the most affordable online MBA that meets your requirements.

See our complete MBA program list for more information.

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About Affordable Online MBA Degree Programs

Students in the online MBA degree program will study topics such as organizational leadership, international business, and business analytics.

Online students can choose from countless areas of concentration as well, from supply chain management and healthcare management to marketing management and managerial accounting. In other words, affordable accredited online MBA programs are available in most popular areas of specialization.

An affordable online program can lead to well-paying leadership opportunities for business professionals. MBA graduates often become top executives, and are capable of earning a median salary of $98,980 a year, according to the Bureau of Labor Statistics.

Choosing an online MBA program that costs less than $10,000 a year can be a great way to advance your earning power and career prospects without taking on a heavy student loan debt burden.

We have even more affordable MBA programs in our Guide to Affordable Degrees.

Admission Requirements for an Affordable Online MBA Program

Schools that offer an online MBA have different admission requirements.

These are the admission requirements common to schools offering the graduate business degree:

  • A completed online application
  • An accredited bachelor’s degree
  • Official college transcripts
  • A cumulative college GPA of 3.0 - 3.5
  • Graduate Management Admissions Test (GMAT) Score or Graduate Record Examination (GRE) Score
  • Personal statement or essay
  • Reference Letters
  • Professional Resume or CV

Key Point: Some programs might also require an interview process.

Learn more about online MBA admission requirements.

Curriculum and Courses

Each college of business will require the completion of different courses, although there are similarities in programs. There are typically core courses, as well as electives and an individualized capstone project.

The typical courses offered in the online MBA program include:

  • Financial Management
  • Marketing Management
  • Managerial Accounting
  • Corporate Finance
  • Organizational Behavior
  • Business Ethics
  • International Business
  • Business Analytics

Key Point: Most affordable MBA programs will cover topics such as organizational behavior, corporate finance, and business ethics.

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Careers for Online MBA Degree Holders

Graduates with an online MBA have the credentials to qualify for several careers, including:

  • Information Technology Management
  • Project Management
  • Human Resources Management
  • Operations Management
  • Computer and Information Systems Management
  • Administrative Services and Facilities Management
  • Executive Leadership

Key Points: According to the Bureau of Labor Statistics, job openings for to executives are projected to grow by 6% from 2021 to 2031.

The picture is even brighter for those who use their graduate degree to pursue careers as administrative services and facilities managers. Jobs for these positions are expected to grow by 7% from 2021 to 2031.

See what else you can do with an online MBA.

Student group in a student center
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Factors for Choosing Affordable Online Programs for MBA Students

If you aspire to a career in business leadership, you must be sure that you can tackle the challenges of an accredited online MBA program. While you may be looking for cheap online MBA programs, quality is still extremely important.

Therefore, aspiring online MBA students must take certain factors into account when looking for the right online business school.

An online degree program from a reputable school of business should have a good public reputation and a strong academic track record. These factors will be important as you look to apply your fully online MBA program to real-world job opportunities.

Here are the factors that you need to consider when choosing from schools that offer affordable online MBA programs:

  • Accreditation: Accreditation is vital. It signifies that the school’s education is in compliance with the standards of the Department of Education and the accrediting body. A school must also be an accredited institution in order to offer federal financial aid to its students. This is especially important in business.

    • In addition to institutional accreditation, be sure your affordable online MBA is accredited by the Association to Advance Collegiate Schools of Business (AACSB). This national board provides programmatic accreditation, which is an important mark of credibility and academic excellence for the master’s of business administration degree.

  • Cost: Cost is an inherent element of every educational pursuit. But since cost differs from one business school to another, you must ensure that the online school you choose is affordable while still providing a quality education.
  • Financing Options: Accredited colleges and universities will offer financial aid options including grants, scholarships, and loans for students who qualify. Some will also offer work-study programs.
  • Course Delivery: Most online MBA programs are delivered in one of three different ways: synchronous (live online classes), asynchronous (classes that can be attended anytime), and blended or hybrid (a mix of both synchronous and asynchronous). Choose a school that offers the type that suits your schedule.
  • Academic Support: Academic support is a valuable element of distance learning. Give due credit to schools that provide students with online resources such as references and tutorials. You will need these to gain a deeper understanding of your lessons.
  • Program Reputation: Look into the reputation of the program and university you are wanting to attend. Rankings, student reviews, and alumni success stories can be invaluable in showing you which programs have the best outcomes.
  • Networking Opportunities: Top programs typically have plenty of networking opportunities, which can greatly help with job placement after graduation. It can also give students a better idea of what work in their chosen field looks like in the real world.
  • Location or Residency Requirements: Even with online programs, there might be residency requirements or on-campus events online students can be a part of. Make sure to talk with the admissions office to ensure you are receiving accurate information and decide whether those requirements work for you.

Learn how to find accredited online MBA programs.

Find out how you can save even more money by completing free MBA courses at some of the best business schools in the world.

Students’ Submitted Questions on the Most Affordable Online MBA Degree Programs

Raegan asks, “How do programs support entrepreneurial aspirations?”

Dr. James Barham’s answer: The specifics will depend on the program you choose, but MBA programs typically try hard to support entrepreneurs. Entrepreneurship courses and specializations that cover topics, such as business plan development and startup financing, are offered by many programs. Some programs even allow students to pitch their business ideas to experts in that field to receive feedback and meet potential investors. Some MBA programs also have incubators of accelerators to help students develop their startups by providing seed funding, office space, or access to technology.

Case asks, “How do I find out about opportunities for research or teaching assistantships?”

Dr. Jed Macosko’s answer: The first step is to visit the program’s website and see what information is available online. Speaking to the admissions office, current students, or alumni can give you an idea on what to expect. Make sure to check university job boards, attend information sessions, and connect with faculty members to stay apprised of what opportunities become available.

Brooke asks, “I’m wanting to change from a different field to business. How do MBA programs support career transitions?”

Dr. James Barham’s answer: MBA programs, in particular, are an excellent choice for someone hoping to transition from a different field. These programs will offer a core business curriculum so that students learn the essential elements of business first. After these core courses, students can specialize in a subject of their choosing to align with their career goals. Many schools will also provide career counseling, networking opportunities, and internships to support students and give them real-world experience.

If you are planning on working during your MBA program, make sure that you can complete your program on a part-time and flexible schedule. Many programs want to work with you to ensure that the program’s schedule fits your lifestyle.

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