Best Value Online MBA Programs 2024 Top Online MBA Programs with the Best Return on Investment (ROI)

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Business & MBA Editor
Tammie Cagle is a writer, editor, entrepreneur, and certified academic life coach. Tammie received her bachelor’s degree from Texas A & M University-College Station and her MBA from Marylhurst University.
BEST VALUE Online MBA 2024

While looking for the right Online MBA program, some students might look for the cheapest MBA degree or the online program that has the highest post-graduate salaries. But how about the ones with the best combination of the two? Enter the Best Value Online MBA Programs. Finding the best value Online MBA programs, or the Online MBA programs with the best return on investment (ROI), can be arduous. Prospective students must weigh the costs of an Online MBA program with the projected salary after graduation. The good news is that we have done the work for you. We have found the top Online MBA programs and balanced their price and graduate salaries to help you find the best bang for your buck.

Best Value Online MBA Programs in the Nation

This ranking of the Best Value Online MBA programs highlights degrees from all over the country. These top programs come from public and private schools with large and small student populations. Each of these Online MBA degrees is accredited and hails from top business schools from around the nation. Base tuition prices range from under $8,000 to over $90,000 for the MBA. The graduate salaries range from $53,000 to over $180,000 per year. It is true that the MBA stands as the pinnacle of business leadership training, and the online version gives unmatched accessibility and value, but this Best Value Online MBA Ranking shows that excellence and value can go hand in hand.

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To find the College Consensus Best Value Online MBA programs, we started with our list of top Online MBA programs from U.S. NewsForbesThe Financial Times, and Bloomberg Businessweek. Then we calculated each degree’s Return on Investment (ROI) to find the ranking order.

ROI equals the (Current Value of Investment – Cost of Investment) / Cost of Investment.

Thus, to find the Best Value Online MBA programs, we calculated the (business school average base salary – base tuition cost) / base tuition cost. The average base salary for each business school used in our calculation was collected from U.S. News and World Report. The base tuition cost was collected from each online MBA’s website.

Each Online MBA is listed with an ROI Score. The ROI Score is based upon the calculated ROI for each MBA in relation to the others in this list.

The 40 Best Value Online MBA Programs

West Texas A&M University features a best value online MBA. The distance program features various options for graduate students seeking a professional business degree from a distinguished program with AACSB accreditation. The MBA program offers five concentrations and is available with fully online asynchronous courses to meet the degree requirements. Business students that do not wish to complete their entire program online may complete some classes on campus in addition to the online format.

This excellent MBA program is designed for full-time employed professionals and allows up to six years for completion to complement distance learners’ work-life balance. Most enrolled students complete the program in twenty-four months. Students choose their course load each term within five semesters each year. Online MBA students have the option to earn a general MBA or can specialize in one of five areas, including Healthcare Management, Marketing, Computer Information Systems, Procurement Management, or Management. This best value degree will put the knowledge and skills MBA students gain into practice.

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This best value online MBA is available at Louisiana Tech University. This MBA aims to offer an educational experience in management and business at the graduate level. It is designed to provide breadth in exposure to basic business disciplines and facilitate the application of knowledge of the disciplines to the management of innovation. It is an interdepartmental and interdisciplinary degree program offered by the Graduate Division and the College of Business’s academic departments. International issues and ethical concerns are emphasized throughout the curriculum.

This Professional MBA is delivered 100% online and makes learning convenient for graduate students who cannot attend a consistent class schedule. Enrolled distance learners receive a graduate degree from a highly regarded, nationally ranked research institution at a competitive price. The curriculum for this Professional Online MBA mirrors Louisiana Tech’s Traditional MBA. This best value online MBA has what it takes.

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A best value online MBA is available at North Carolina A&T State University. The business school’s staff, faculty, and administrators are committed to the excellence of their graduate’s studies and great success in their future professional careers. Ambitious and talented graduate students who see opportunity in every challenge will enjoy success in the student-centered and business-mentored environment that North Carolina A&T State University fosters.

No matter what life may carve out for them, MBA students can count on courses designed to propel them into the future with the passion and transferrable skills to excel in their careers. Program architects understand that the cornerstone of achieving success is a business leader’s commitment to and passion for an elite standard of excellence. The business school seeks discovery-driven individuals who have a passion for collaboration and lifelong learning. With this stellar business program, distance learners won’t have to put anything in their lives on hold.

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A best value online MBA is available at Boston University. This degree is perfect for ambitious, curious, and self-motivated working professionals ready to advance their careers. Graduate students eager to take a fresh look at the factors that make businesses thrive will benefit from it. Program architects understand that business leaders have busy lives, and they are looking for the accessibility and convenience of a fully online program.

It is designed from day one with the global online learner in mind. It is also rooted in insights gleaned from over 3,000 international industry professionals. The BU Questrom online MBA features an innovative curriculum that centers on the themes that drive business in the 21st century. Completed in as little as twenty-four months, this engaging, high-quality, and rigorous MBA is 100% online. It is developed and delivered by world-class instructors in the business school’s top-ranked, on-campus MBA program. This best value online MBA will allow distance learners to advance their critical capabilities required to make leadership decisions in the complex global business ecosystem.

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The University of North Texas provides a best value online MBA. The business school’s online MBA with a concentration in Strategic Management provides distance learners the broad exposure to skills needed for managing any organization. Strategic Management involves establishing the direction, strategies, and comprehensive policies that all firms follow to accomplish their objectives. This knowledge is vital for the sustainable growth of businesses and the nation’s economy.

Career opportunities after distance learners complete the online MBA program through the Department of Management are numerous. UNT’s online MBA concentrating on strategic management sustains growth and development from two perspectives. Graduates who have an established career path will discover the strategic management concentration provides them with the opportunity to gain the broader and general perspective needed for promotion to leading managerial roles. Working professionals preparing for the business world will appreciate how the MBA concentration in strategic management is an excellent foundation for additional career opportunities.

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Rawls College of Business Administration at Texas Tech University qualifies as a Best Value Online MBA program with great ROI and cost versus graduate salary. The online program provides six areas of specialization that include:

  • Energy commerce/business economics, 
  • Finance, 
  • Information systems/quantitative sciences, 
  • Accounting, 
  • Marketing, and 
  • Management. 

The Business School awards Online MBA degrees in accounting, data science, finance, marketing research, and analytics. The accredited online program offers convenient starting times in January, June, or August each year, allowing you to work at your own pace. The Online MBA program lets you complete a degree in as little as 12 months as a full-time student, or it may take two years or more if you attend part-time.

The Best Value Online MBA degree at Rawls College creates a 100% online learning environment that requires no on-campus attendance. The Online MBA Business School program holds certification from the esteemed Association to Advance Collegiate Schools (AACSB). This award-winning program has been recognized for its incredible value.

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Oklahoma State University offers a best value online MBA. This online MBA at OSU is one of the nation’s highest-ranked, most affordable accredited programs. It has been specifically designed for motivated, full-time active professionals wanting to engage with instructors and fellow students actively. All courses are led by the same full-time professors in the Spears School of Business who teach on the Stillwater campus.

OSU’s program features maximum flexibility for distance learners while offering the same level of academic excellence found at the business school. The Spears School of Business offers this 100% online program as an alternative way to earn a business degree. It believes that students should have access to a high-quality, affordable education regardless of their location or schedule. Online courses are available at graduate students’ convenience and are designed with virtual activities and multimedia content that promote student collaboration.

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The University of South Dakota provides an excellent best value online MBA. The program produces leaders for business, government, and industry. Program designers encourage graduate students interested in teaching and an aptitude for an academic career to take their work to the doctoral level. The program emphasizes problem-solving, decision-making, and understanding the role of business in society while developing social responsibility and leadership ability. Distance learners looking for high quality, remarkably affordable online MBA program should consider choosing USD’s excellent graduate degree.

The Business Analytics specialization prepares MBA students to analyze and utilize data to strengthen business decision-making procedures. The distinctive program features a tight integration of the technology and science underlying business analytics with solving business issues in economics, operations management, finance, sales, and marketing. Equipped with this knowledge, MBA graduates lead organizations while strengthening their competitive position, achieving operational efficiency, and developing innovative products that anticipate far-reaching trends in the marketplace. This best value degree offers a lot.

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Appalachian State University currently features a best value online MBA. Enrolled students enhance their marketability increase their business position opportunities with Appalachian State University’s online Master of Business Administration. Program architects challenge incoming students each term to dive into this 36-hour App State Online MBA and discover what it takes to make their mark on the business world.

Throughout this program, Appalachian instructors connect students to practically and theoretically apply themselves to gain a well-rounded business education and push their careers forward with the skills employers desire. Graduates are equipped with a core set of competencies including:

  • Analytical and critical thinking skills,
  • Functional business knowledge,
  • Leadership and teamwork skills,
  • Responsiveness to domestic and global business environments,
  • Appreciate diversity,
  • Multiculturalism,
  • Ethical and legal responsibilities,
  • Professional development, and
  • Communication skills.

It is clear to see why this online MBA at Appalachian State University is one of the best in the nation.

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The University of Massachusetts Amherst provides a best value online MBA. This stellar degree is the perfect program for working professionals looking to influence and direct their industry. Coursework can be taken entirely online. Suppose enrolled students live in the Massachusetts area. In that case, they can complement their online learning with in-person classes, engaging with staff and colleagues at one of the university’s satellite locations in Shrewsbury and Boston. GMAT/GRE waivers are available for incoming students who qualify.

The rigorous curriculum is as challenging as it is relevant. Graduate students in the online MBA program can add expertise to their degrees with one of the business school’s five focus areas. Each emphasis area includes an additional nine credits of elective courses that equip distance learners with the skills and knowledge that can make career-boosting impacts. The best value University of Massachusetts Amherst online MBA is the right program for today’s remote learners.

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The University of Colorado Denver features a solid best value online MBA. This Professional MBA provides built-in flexibility for graduate students to explore their interests while still giving them a solid business foundation applicable to all industries and disciplines. Distance learners can also customize their MBA by taking elective hours to complete a specialization. With 12 hours of electives, MBA students can choose from over 100 electives to hone their skills.

Program highlights include access to downtown Denver locations to business leaders and experiences, available professional and career development opportunities every week through career fairs, guest speakers, panel events, and exclusive internship opportunities. Students also enjoy the flexibility and convenience of taking classes in the business school’s downtown location or online. The fifteen specialization options give online learners a way to customize their degree to their interests. MBA students have access to the business school’s Business Career Connections team for life. Designed to streamline working professionals’ goals, this best value online MBA has it all.

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The College of Business at Bryant University attracts degree candidates to earn an excellent and affordable online MBA. A great ROI and cost versus graduate salary make it competitive for consideration as a Best Value Online MBA degree. Working professionals can benefit from the online program with five start terms, and it requires as little as a year to complete a degree. Small class sizes and a low ratio of students to faculty enhance the Bryant online program. The Business School offers areas of concentration that let you pursue your interests in: 

  • Business analytics, 
  • General management, 
  • Finance, 
  • Supply chain management/logistics, and 
  • International business. 

The Business School offers an Online MBA degree in accounting, business analytics, data science, and taxation. The online program also offers a Certificate of Graduate Study in Business Analytics and a Certificate of Graduate Study in Innovative Health Care and Leadership. The prestigious New England Commission of Higher Education accredits Bryant’s Best Value Online MBA program. This award-winning program has been recognized for its incredible value.

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The College of Business at Bowling Green State University offers students a Best Value Online MBA program with excellent ROI and cost versus graduate salary. The online program provides a unique combination of dual accreditation from the highly regarded AACSB in accounting and business. Fewer than 2% of Business Schools worldwide can claim the distinction of dual accreditation.

Your coursework may require as little as 12 months to complete a degree. The Online MBA offers accounting, finance, marketing, and supply chain management concentrations. Experienced professionals can benefit from learning leadership skill sets and problem-solving techniques to succeed in the global business environment. The academic reputation of the Business School and its student-centered approach contributes to its position as a Best Value Online MBA program. The fully online MBA program provides the convenience and flexibility that lets you work at your own pace from any location. This award-winning program has been recognized for its incredible value.

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Clark Atlanta University provides an excellent best value online MBA. This stellar program opens doors for graduate students seeking professional careers in corporations in the areas of marketing, accounting, finance, and information systems. The Business School prepares distance learners to fill leadership roles through its robust curriculum, innovative program, and supportive environment while providing the opportunity for its students to market themselves by allowing Fortune 500 companies to recruit at the School of Business. The demonstrated success of MBA students who have graduated from CAU attracts companies to revisit the school annually.

Leaders at Clark Atlanta University have designed a practical, affordable program that meets professionals’ needs and is on target with the evolving job requirements for new MBAs. The best value program is specifically developed for working professionals astute enough to recognize the need for advanced business education, ambitious enough to want to be tomorrow’s corporate leader, and tenacious enough to attend school while continuing to work.

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An exemplary best value online MBA is featured at the University of Texas at Dallas. This degree’s entire curriculum can be completed through distance learning with exams administered in various ways – uploaded via email, embedded in courses, or proctored through a testing center – with the understanding that enrolled students may reside anywhere in the world. The business school features numerous national and international testing locations.

UT Dallas’s Master of Business Administration is designed as a 53 semester-credit-hour degree program at the Naveen Jindal School of Management that prepares distance learners to think, plan, and create business solutions by utilizing solid analytical problem-solving skills, strategic planning, and team-oriented approaches. Graduate students ready to gain momentum in their current careers, who are interested in becoming forward-thinking business leaders, or prepared to enter the business world with an advanced business degree will discover this online MBA can provide the opportunity they need.

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A best value online MBA is currently available at the University of Florida. Balancing life, work, and school commitments is essential for working professional students. UF MBA provides enrolled students with the tools to succeed in all areas of their lives while earning their MBA.

Business students don’t have to be on campus daily to get a well-rounded, robust MBA experience. This 16-month online MBA exists as an accelerated program perfect for those with a bachelor’s degree in business and who graduated in the last seven years. This format is one of the quickest ways to get an MBA at UF. Graduate students enrolled in UF’s Outreach Engineering Management program are eligible for this accelerated option.

Students with less academic time may want to consider then two-year online program. The 24-month option utilizes course materials developed by the same faculty that have helped UF MBA at Warrington College of Business attain national prominence. This is an optimal program for business leaders.

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The Terry College of Business at the University of Georgia ranks as a Best Value Online MBA program with its outstanding ROI and cost versus graduate salary. The Online MBA program fully delivers courses online with the same high quality that the reputation of the Business School ensures. The online program allows convenience and flexibility in course timing and delivery in the 100% virtual format.

The Business School offers optional certificates to couple with this leadership-focused MBA. Certificates are available in the areas of Lean Six Sigma Green Belt or Workforce Diversity. They also offer online students the option to attend domestic or international residencies to get hands-on experience in the business world. An experienced and exceptionally qualified faculty presents timely topics and activities related to real-world business problems in every course.

The Business School has held accreditation from the highly respected Association to Advance Collegiate Schools (AACSB International) since 1926. This award-winning program has been recognized for its incredible value.

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The University of Cincinnati provides a best value online MBA. This distance degree is a unique and comprehensive program that combines academic, research-intensive learning with real-world learning to prepare business leaders with the skills needed to tackle today’s current business issues. Enrolled students gain strategic leadership and problem-solving skills and core skills in:

  • Marketing,
  • Accounting,
  • Economics,
  • Finance,
  • Information technology,
  • Leadership,
  • Operations management, and
  • Business analytics.

All program requirements can be completed in a year, with the option to take on-campus courses at UC’s Uptown Campus. MBA students can customize their MBA program online to fit their specific career goals by choosing from twelve credit hours of electives. The University of Cincinnati’s online certificate/concentration offerings include

  • Marketing,
  • Health Care Finance,
  • Health Care Administration,
  • Health Care Operations,
  • Health Care Policy and Regulation,
  • Corporate Taxation, and
  • Individual Taxation.

This program brings a unique education philosophy to online students, offering active professionals the chance to earn a remarkable degree virtually anywhere on the planet.

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The College of Business Administration at California State University Long Beach offers a Best Value Online MBA program with excellent ROI and cost versus graduate salary. Classes of 35 or fewer students benefit from team-based learning and the Harvard case discussion method. The Cal State Long Beach Online MBA Program requires the completion of 16 courses by professionals working full-time with at least three years of experience.

Synchronous participation in a virtual classroom promotes student interaction, while asynchronous presentations provide access to recorded lectures and course material. The fully online curriculum provides flexibility in learning methods and requires 21-48 months to complete. Unique features of the online MBA include learning to work collaboratively in virtual teams and joining on-campus meetups. In addition, the online program offers advisers who help guide you through your online MBA program.

The Business School holds accreditation from the highly respected Association to Advance Collegiate Schools (AACSB International), a rigorous accrediting body. This award-winning program has been recognized for its incredible value.

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The School of Business at the University of Connecticut offers excellent ROI and cost versus graduate salary as a Best Value Online MBA program. The online program includes a customizable 42-credit curriculum that provides instruction by world-renowned faculty. The fully online MBA allows the flexibility of working from any location at anytime. A combination of synchronous learning in a live virtual classroom and asynchronous classwork provides access to different learning methods. The Business School offers an online program that limits live coursework to no more than three hours per week. The online MBA may require up to two years to complete.

The 100% online program requires the completion of 14 classes that include nine core courses and five electives. Enrollment starts in the fall, and you may choose a cohort-based learning environment or one that allows you to learn independently. The highly respected AACSB provides accreditation for the online MBA program. This award-winning program has been recognized for its incredible value.

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The W.P. Carey School of Business at Arizona State University offers exceptional ROI and cost versus graduate salary as a Best Value Online MBA program. Start dates for the online program include January, May, and August. The Business School offers a 100% online MBA curriculum that allows you to balance the demands on your time by taking one five-week course at a time.

A unique feature of the online MBA is that it provides concentrations that let you earn two online degrees simultaneously and enhance your focus on specific areas of interest. The Carey School offers an opportunity to engage in problem-solving with a diverse student body and faculty representing six continents. The online program provides ideal learning practices for working professionals with at least two years of experience.

Accreditation by the highly valued Association to Advance Collegiate Schools of Business (AACSB) assures you of the same quality course content that other Carey MBA programs receive. This award-winning program has been recognized for its incredible value.

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The College of Business at Lehigh University ranks as a Best Value Online MBA program with its outstanding ROI and cost versus graduate salary. The Business School offers a unique opportunity to enhance your skill sets in the FLEX MBA program, letting you set your own pace in earning an advanced degree. Its flexibility allows you to choose participation on campus or in the Classroom LIVE experience as a uniquely convenient hybrid learning opportunity. The FLEX online MBA program offers many areas of concentration that include: 

  • Business analytics, 
  • Corporate entrepreneurship, 
  • Finance, 
  • International business, 
  • Marketing, 
  • Project management, 
  • Public health, and 
  • Supply chain management. 

The Business School holds accreditation by the revered AACSB, assuring you of the quality online program you deserve. A feature of the online MBA teaches you to think about solving problems objectively, strategically, and quantitatively in an unstructured approach to crisis management. This award-winning program has been recognized for its incredible value.

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Penn State’s Smeal College of Business School offers an outstanding and affordable online MBA program, combining academic excellence with a strong return on investment. This AACSB-accredited program equips students with the knowledge and skills to thrive in today’s competitive business landscape. With a focus on real-world applications, the Penn State online MBA provides a well-rounded education immediately applicable to various industries. The program offers finance, marketing, and supply chain management specializations, allowing students to tailor their degrees to their career goals.

Penn State’s online program stands out for its impressive graduate salary outcomes, demonstrating itself as one of the best value online MBA programs available. The flexibility of online learning ensures that working professionals can balance their careers and education seamlessly. Moreover, the program’s dedicated faculty and extensive alumni network contribute to a supportive learning environment.
This award-winning program has earned recognition for its exceptional value, making it an excellent choice for those seeking a high-quality, cost-effective MBA.

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The University of Hawaii at Manoa’s Shidler College of Business offers one of the best value online MBA programs that provides exceptional importance for students seeking career advancement and leadership opportunities. With a focus on innovation and global business, this program prepares students to navigate the complexities of the modern business world successfully. The program offers a general track and a specialized track in healthcare management, catering to students with diverse interests and ambitions.

The online MBA from the Shidler College of Business boasts a remarkable ROI, with graduates consistently achieving high salaries upon completion. The program’s commitment to practical learning ensures students gain the necessary skills to excel in their chosen fields. Additionally, its interactive online platform facilitates collaboration among peers and faculty, enhancing the overall learning experience.
By blending academic rigor with affordability, this online program is an excellent investment for future business leaders. Embrace this opportunity to elevate your career with a reputable degree from one of the nation’s top business schools.

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The University of South Florida’s Muma College of Business offers one of the best value online MBA programs known. Their accredited program provides students with a comprehensive business education, preparing them for oversight roles across diverse industries. The curriculum emphasizes strategic thinking, innovation, and global business perspectives, equipping graduates with the skills to thrive in today’s dynamic business environment.

The Muma College of Business online program boasts a competitive tuition rate and impressive graduate salary outcomes, making it an affordable and wise choice for ambitious professionals seeking career growth.

The flexible online program allows students to balance their studies with work and other commitments, providing convenience without compromising quality. Engaging with dedicated faculty and collaborating with a diverse cohort further enriches the learning experience. With its excellent reputation and commitment to affordability, the Muma College of Business online MBA is an excellent investment in your future success.

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A best value online MBA is available at the University of Houston. Like its campus-based Professional MBA program, this online MBA gives distance learners access to the most customizable curriculum in the state. With many specializations to choose from, enrolled students have the chance to hone their skills in a specific area of business to set themselves apart from the competition. Most students complete all program requirements in two years.

The business school provides incoming students with a 24-month pathway to completion chart to help them plan their academic schedule. Graduate students looking to take the program over a longer period can work with the Bauer MBA program office to arrange a schedule that fits their needs. While the program is 48 credit hours, students must complete 21 core credit hours and 27 elective credit hours. All courses vary from 1.5 to three credit hours each. This MBA at the University of Houston is offers top value.

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La Salle University provides one of the top best value online MBA programs in the nation. Earning a Master of Business Administration degree online from La Salle prepares business leaders for various management positions across the growing business spectrum. The curriculum in La Salle’s online MBA focuses on applying business concepts and theory to real-world scenarios. It is presented in a flexible and convenient format that meets professionals’ needs of balancing family and job obligations.

Enrolled students have the chance to develop lasting collaborative relationships with instructors and peers that are the trademark of the Lasallian Business experience. With a history that exceeds more than forty years and 5,000 program alumni, the La Salle MBA exists near the top of U.S. News & World Report’s Short List of full-time MBAs whose graduates are likely to be employed within three months of completion. This best value degree is an excellent choice.

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West Virginia University features a top-notch best value online MBA. U.S. News and World Report has recognized West Virginia’s nationally ranked Online Hybrid MBA as one of the top 50 in the country. It allows enrolled students to maintain momentum in their careers while also pursuing a graduate degree in business. Program requirements can be satisfied in 21 months while distance learners work full time and take flexible online classes.

The program will result in a substantive return on students’ investment by allowing them to enhance their business management expertise and position themselves for career advancement while learning from top experts in their fields at this Carnegie Research Level 1, land-grant institution. With West Virginia’s prescriptive study plan, 37 credit hours are completed over a 24-month period. Typically, eight credit hours are taken every fall and spring semester, and four to seven credit hours are completed each summer semester. Enrolled students master business principles while receiving a quality business education without compromising.

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Brandeis University’s Heller School for Social Policy and Management offers one of the best value online MBA programs that integrates business expertise with a focus on social impact. The Heller School’s online MBA equips students with the skills to drive positive change in their communities while achieving financial success. Its program’s curriculum combines business fundamentals with social responsibility, offering healthcare, finance, and nonprofit management specializations.

Besides that, this MBA stands out for its excellent return on investment, as graduates consistently achieve impressive salaries in both the public and private sectors. The program’s emphasis on ethical leadership and sustainable business practices further contributes to its value proposition. Pursuing an online MBA from the Heller School at Brandeis University is a powerful investment in both your career and the betterment of society.

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The Eller College of Management at the University of Arizona offers a highly respected online MBA program that combines academic excellence with outstanding value. This AACSB-accredited program prepares students for success by offering a well-rounded curriculum emphasizing leadership, innovation, and data-driven decision-making.

The Eller College online program boasts a strong return on investment, with graduates enjoying lucrative career opportunities across various industries. Besides that, the program’s affordable tuition and flexible online format make it an accessible option for professionals seeking to advance their careers while balancing work and personal commitments. Students benefit from engaging with world-class faculty and collaborating with diverse peers, creating a dynamic learning environment that fosters growth and networking opportunities.

By choosing the Eller College best value online MBA, you invest strategically in your future, gaining the skills and knowledge needed to excel in the competitive business world.

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The Alfred Lerner College of Business & Economics at the University of Delaware offers an exceptional online MBA program renowned for its excellent value and impressive return on investment. This program equips students with a comprehensive business school education, combining core courses with specialized finance, healthcare, or strategic leadership tracks.

The best value online MBA program at Alfred Lerner College stands out for its affordability and the strong earning potential of its graduates. Whether you are an early-career professional seeking to advance or an experienced executive looking to refine your skills, this program offers the flexibility and academic excellence needed to achieve your career goals.

Engaging with distinguished faculty and collaborating with a diverse cohort enhances the learning experience, providing valuable networking opportunities and support. By choosing the Alfred Lerner College online MBA program, you are making a smart investment in your future success and earning a degree from a reputable institution with a track record of producing successful business leaders.

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Boise State University’s College of Business School and Economics offers a well-regarded and cost-effective online program that delivers a strong return on investment. This program gives students the knowledge and skills to excel in today’s competitive business world, emphasizing strategic thinking, innovation, and global perspectives.

You can advance your career by choosing this program without incurring substantial debt. The flexible online format also allows you to balance your MBA studies with work and other commitments, making it accessible for working professionals. Additionally, engaging with dedicated faculty and collaborating with diverse peers enhances the learning experience, providing valuable networking opportunities. By investing in the best value online MBA at Boise State University, you are making a wise choice for your future success and unlocking a world of opportunities in the business realm.

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Gatton College of Business and Economics at the University of Kentucky features one of the country’s best value online MBA programs. This part-time online program gives you the tools to reach your professional and personal goals. Whether you’re looking to create your own business or advance your career with the company you currently work for, the online MBA available at this business school will guide you along the next steps of your journey.

Even though the majority of students complete this online MBA program in around two to three years, you can take it at your own pace and will be able to attend all classes online. You can develop relationships with business professionals and fellow students even when attending class online. This reputable and popular program allows you to gain the education you need without the financial hardship.

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The Kelley School of Business at Indiana University offers students a versatile online program. As one of the best value online MBA programs, you can complete your MBA education in as little as two years. Students who enroll in this business school will have seven unique majors to select from depending on the career they’d like to pursue. While in-person experiences are available, you can take all your courses online.

You’ll be expected to attend around two evening class sessions every week during your studies. These sessions last 75 minutes and are live even when taking the course online. The Kelley School of Business faculty members strive to help students unlock their most ambitious goals. Whether you’re considering switching careers or building your skills to strengthen your resume, this online MBA program should meet all your needs. This stellar program is widely popular because of its fantastic value.

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The David Eccles School of Business at the University of Utah allows students to enhance their professional careers with an affordable and high-quality online MBA. With the skills and knowledge you gain during your studies, you can set yourself apart regardless of the industry you wish to work in. This is among the best value online MBA programs for students who want to complete their education online.

The David Eccles School of Business is one of the world’s highest-ranked business schools, ensuring students receive the quality of education necessary to have successful careers. More than 60% of students who complete this online program receive a promotion during their studies. Students can use one-on-one executive career coaching to create a more personalized career plan. Enrolling in this program makes it possible for you to earn an MBA without breaking the bank.

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The Michael G. Foster School of Business at the University of Washington offers a top-ranked online program that can be completed mostly online. Students gain the skills and education they need to succeed with this best value online MBA. The inclusion of a blended format means that 95% of classes are taken online. Students complete a three-to-five-day campus session every quarter to maximize networking opportunities. 

This business school provides an online MBA to accommodate people who want to advance their careers but have a busy schedule that doesn’t allow for a more traditional education. Coursework involves:

  • Training through coaching sessions.
  • A speaker series.
  • An on-demand course.
  • Workshops.

Whether you’re a working parent or a young professional tasked with traveling frequently, you can complete your studies from almost anywhere. The degree can be finished in just two years. This hybrid MBA program allows you to take the next step in your career.

Online MBA Website

ROI Score

The College of Business at Oregon State University allows you to control your future with an accessible yet prestigious online MBA. Students who enroll in this best value online MBA program can choose between a hybrid or fully online approach to their coursework. Around 45-60 credits are needed to earn your MBA and improve your career prospects. The flexibility of this online program allows students to obtain a graduate degree while also maintaining their career responsibilities. 

There are four MBA tracks to select from when joining this business school:

  • Business analytics, 
  • Organizational leadership, 
  • Marketing, and 
  • Supply chain and logistics management. 

All four tracks can be taken online. Completing this program provides a competitive edge that gives you greater potential to switch industries or climb the corporate ladder at your current job. This comprehensive program has received recognition for the amazing value it provides.

Online MBA Website

ROI Score

The School of Business Administration at the University of Mississippi delivers an affordable and flexible 36-hour online MBA program that’s designed to help working professionals strengthen their leadership skills. Students also gain communication and leadership skills while taking one of the best value online MBA programs. When you enter this nationally respected business school, you can complete your education at your own pace. While the program is designed to be finished in just two years, it can also be extended to fit around your work schedule.

All courses in this accessible online program are 100% online, which allows students to attend classes from all over the world. This program aims to teach students how to succeed in any industry, which is why its classes are challenging and taught by the same faculty who oversee their on-campus courses. You’ll gain a comprehensive base of knowledge in management and business that can translate to practically any business-related job. This reputable MBA program is a great option if affordability is important to you.

Online MBA Website

ROI Score

A best value online MBA is delivered at the University of Kansas. With a curriculum that delves into the evolving opportunities and issues of being a global leader, the School of Business online MBA can help distance learners succeed in today’s growing marketplace. Online students learn from the same respected and renowned faculty as the on-campus programs and explore solutions to today’s economic and social business issues.

Whether they want to gain momentum in their current career, they are interested in becoming forward-thinking business leaders, or they want to enter the business world with a more advanced degree that enables greater mobility, this online MBA from the University of Kansas can provide the opportunity they need. This online MBA is ideal for all kinds of students, including:

  • Busy parents,
  • Working business professionals,
  • Individuals with personal responsibilities keeping them from attending school on campus, and
  • Graduate students who prefer online coursework over classroom education.

Graduates of this elite degree establish themselves as agents of innovation within any organization.

Online MBA Website

ROI Score

The Raymond J. Harbert College of Business at Auburn University offers one of the best and most affordable online MBA programs. Even though all courses are 100% online, students benefit from the same resources and curriculum as those who enroll in the on-campus MBA program. While this best value online MBA program can be completed in just 31 months, students have full flexibility to complete their studies in a six-year window.

When you join this business school, you’ll gain access to an online student learning platform that facilitates collaboration among peers, access to expansive content, and discussions with faculty. Students also have two learning formats to select from when completing this online program: video capture of live courses and studio-produced courses that are only available online. Once you’ve finished your studies, you’ll have the knowledge necessary to gain a better foothold in your company or the industry you work in. This online MBA program provides great value for students who want to explore the next stage of their careers.

Online MBA Website

ROI Score

How Do I Find the Right Online MBA?

In today’s fast-paced and competitive business world, obtaining an MBA can be a game-changer for career growth and advancement. However, with numerous options available, finding the right program that offers academic excellence and affordability can take time and effort. Fortunately, each best value online MBA program in this curated list offers unique advantages to cater to diverse career aspirations.

These best value online MBA programs offer unique advantages, equipping students with the necessary skills and knowledge to excel in the competitive business world. Whether you’re seeking a traditional business career, a role in social impact, or specialized expertise in specific fields, these institutions provide various options to suit diverse career aspirations.

The Best Value Online MBA Programs

SchoolROI ScoreAffordability
West Texas A&M University100.00$
Louisiana Tech University84.12$
North Carolina A&T State University75.02$
Boston University53.50$$
University of North Texas39.81$$
Texas Tech University37.00$$
Oklahoma State University36.26$$
University of South Dakota32.14$$
Appalachian State University30.53$$
University of Massachusetts Amherst29.19$$$
University of Colorado Denver27.09$$$
Bryant University23.51$$
Bowling Green State University23.34$$
Clark Atlanta University23.32$$$
University of Texas at Dallas21.28$$$$
University of Florida20.23$$$$
University of Georgia18.92$$$$
University of Cincinnati17.75$$$
California State University Long Beach16.60$$$
University of Connecticut16.09$$$$
Arizona State University15.76$$$$$
Lehigh University15.70$$$$
Penn State15.56$$$$
University of Hawaii at Manoa15.49$$$$
University of South Florida15.06$$
University of Houston14.85$$$
La Salle University13.70$$$
West Virginia University13.65$$
Brandeis University13.06$$$$
University of Arizona13.02$$$$
University of Delaware12.73$$$
Boise State University11.82$$$
University of Kentucky11.66$$$
Indiana University11.20$$$$$
University of Utah11.19$$$$$
University of Washington11.04$$$$$
Oregon State University10.92$$$
University of Mississippi10.89$$$
University of Kansas10.40$$$
Auburn University10.17$$$
This is a list of the Best Value Online MBA programs, their ROI Score, and their Affordability. The Affordability shows each program’s base tuition rate: $0-14,999 = $; $15,000-29,999 = $$; $30,000-44,999 = $$$, $45,000-59,999 = $$$$; $60,000+ = $$$$$.

There are several educational options for graduate students dedicated to pursuing a career in business. Your degree of choice may well be based upon one’s personal circumstances, but whatever the situation, the most vital decision one will make is selecting a business school. The due diligence in making this big decision might rely less on having all the answers, but more on asking the right questions.

What Questions Do I Need To Ask About Business Schools?

  • Does the business school offer the degree I want? (MBA, MAcc, EMBA, etc.)
  • Do I consider their programs best value degrees?
  • Are the business school’s graduates able to land the types of jobs I would like to land myself? (The school’s Office of Career Services can often provide detailed statistics that speak into this area.)
  • Is the curriculum as narrowly or broadly focused (or as flexible) as I would prefer?
  • Is the class schedule flexible and convenient enough for me to meet my other commitments?
  • Will I have appropriate access to accommodations and resources (media centers, libraries, support staff, etc.) that my on-campus counterparts enjoy?
  • Do the b-school’s most robust areas of study align with my aspirations and motivations?
  • What are the unique acceptance requirements for the program and do I struggle to fulfill them?
  • What learning environment do I work most effectively within?
  • Do I thrive within large lectures with more independent learning, or do I perform best in discussion-based and small group environments?

What Questions Do I Need To Ask The Best Value Online MBA Programs?

  • Is the business school known for the high quality of its graduates and programs? (Ranking lists can help researchers determine this factor. Although, a business school can still have a stellar reputation even if it is not highly ranked.)
  • Has the staff and faculty pursued extensive education? Are the head faculty members considered to be leaders and innovators in their respective fields?
  • Are the class sizes small and intimate or large and generalized? Can I expect to have a real relationship with my instructors? What is the student-to-teacher ratio?
  • Are the instructors committed to teaching? Can I expect to set up appointments with teachers outside of class?
  • What classes, learning opportunities, and extracurriculars are available to online students?
  • Does the business school maintain a Career Placement office that actively assists graduates in finding internships and positions after graduation?
  • What types of academic support—career services, tutors, access to professors, mentorship programs, internships—are offered and will they help me succeed?

What Questions Do I Need To Ask About Business School Culture?

  • Do I prefer an urban, suburban, big, or small experience?
  • Do I enjoy a high level of social engagement, or do I prefer less distraction?
  • Would I be most comfortable attending a business school near where I currently live, or amI ready to explore a new region, whether abroad or domestic?
  • Are I looking for a different or similar peer experience than I received as an undergraduate?
  • Am I motivated and inspired by competitive environments, or do I prefer to work collaboratively in groups or cohorts?
  • Does the language they use and the ethos they portray align with what I am looking for in my advanced business education?

What Tuition and Expense-Related Questions Do I Need To Ask?

  • Am I responsible for covering the cost of business school myself, or do I have assistance?
  • When do I expect to generate a positive return on investment for my online MBA investment?
  • Which non-monetary benefits do I believe pursuing an online MBA will provide, and how do these factor into my ROI expectations?
  • Am I currently responsible for undergraduate education debt or other substantial debt? Do I qualify for financial aid of any kind?

What Career-Related Questions Do I Need To Ask?

  • What are my initial and ultimate career goals?
  • Am I looking to specialize in a particular business area, switch direction, or develop my existing education and knowledge?
  • Do I already work in the professional world? If not, do I need more support with launching my career?
  • Can I describe my dream career?
  • Are there any industries or organizations I’m interested in?
  • Where do I picture myself working after business school?

Keys to Evaluating a Best Value Business School

Begin this process by thoroughly reading through school websites or promotional material. Use the tools provided on their sites to browse through their accommodations, resources, and features. Some business schools provide live chat opportunities during preselected hours to answer any specific questions you may have pertaining to program particulars, tuition, curriculum, and policies and procedures. Take the time to read about their programs and request information from the b-school. It is always a good idea to become familiar with the curriculum of the program you’re interested in pursuing. You can then consult the b-school’s catalog and study the relevant course descriptions.

When the time is right, take a road trip and visit the school or attend an online course. Sit in on some classes and get a better sense of what the overall spirit of the business school and faculty are like. Take the time to talk with students and instructors. Casual conversations and formal interviews will go a long way in getting questions answered. Business school representatives can provide you with the names of MBA graduates who will speak candidly about the business school, its programs, and what to expect from a best value Online MBA.

If you know which organizations you’re interested in working for, attempt to get some interviews with them and read through their websites to discover what business schools and types of programs they tend to hire from.

How Do I Choose the Best Value Online MBA?

Choosing a business school and Online MBA starts with a time of self-introspection and reflection. While factors like popularity and rank of a business school can play an essential role, fit ultimately comes down to one’s unique needs and wants. Therefore, start by asking yourself pointed questions to unlock true and in-depth preferences. Only then can you create personalized criteria to weigh the fit of various MBA programs to find the best value online MBA that will serve you and your career.

Related Resources:

Best Undergraduate Business Programs
Best No-GMAT Online MBA Programs
Best 1-Year Online MBA Programs

Ready to start your journey?

Ready to start your journey?