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An Online MBA degree can cost a distance learner upwards of $10,000-15,000 per semester. Luckily, however, this is not always the case. The old adage of “you get what you pay for” does have some exceptions, especially when considering the cheapest Online MBA programs. For decades, MBAs have provided graduate students with the knowledge, experience, and skillsets they need to transform them into desirable candidates for the most competitive positions in business. Now students can get this top education at an affordable tuition price.

The Nation’s Most Affordable Online MBA Programs

If you’re considering becoming an MBA student, you may want to consider the wealth of online programs currently available. Benefits include more affordable tuition, a self-paced curriculum, flexible scheduling, multiple start dates, extreme accessibility, and interactive e-learning tools. And while the best Online MBA programs can hold a price tag over $100,000, the average base tuition price for programs in this ranking comes in at 10% of that amount. The schools within this ranking offer a great business education, a top MBA brand, and the most affordable Online MBA prices.

Recommended Online MBA Programs

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Methodology

This 2022 ranking of the Most Affordable Online MBA programs combines education excellence and affordability. With our list of top Online MBA programs from U.S. News, Forbes, The Financial Times, Bloomberg Businessweek, and The Economist ranking systems, we found the degrees with the most affordable tuition rates. All tuition data was taken directly from each university’s website, and the ranking order is solely based upon the base tuition amount for the entirety of the MBA program. This tuition does exclude all fees, books, and travel that might also be required. The Affordability Score for each program provides a snapshot of where each online MBA costs sit relative to others on this list.

The nation’s best affordable online MBA is available at Augusta University’s James M. Hull College of Business. This program offers a wealth of innovative wisdom fused with best business practices. The distinct blend of knowledge and know-how prepares business school students to thrive in any industry they choose. Augusta’s affordable Master of Business Administration is the perfect choice for professionals wanting to make a lasting impression on the business world. Business school leaders expose distance learners to diverse people, places, and situations – while challenging them to better themselves and their organizations. The online MBA Program is accredited by AACSB-International, a privilege earned by less than five percent of business schools worldwide. Hull’s Online MBA stands as a consortium member of the Georgia WebMBA designed for professionals who want to pursue their degrees without setting class locations and times restrictions. This cohort, team-based program for working professionals has what it takes.

Affordability Score
100.00

Georgia Southwestern State University features an affordable online MBA at the College of Business and Computing. This top-notch program integrates knowledge from functional business areas, the expertise of a stellar faculty, and the real-world experience of its enrolled students. The distance degree reinforces solid values, service, and ethics while acknowledging the multicultural influences that influence today’s market. GSSU’s program is based on developing critical competencies that build a lifetime of success and educate business students in a wide range of skills and knowledge, including management, finance, ethics, international business, and marketing as a basis for professional roles as successful leaders. Enrolled students achieve knowledge, skills, and experience for successful performance in complex environments requiring intellectual savvy to organize work, make and communicate wise decisions, and respond appropriately to unanticipated events. The program promotes career development and helps students reach personal and professional goals. This affordable degree is sure to put what MBA students learn into practice.

Affordability Score
99.13

The College of Business at Louisiana Tech University features an excellent and affordable online MBA. For business students ready to pursue the next level of education, Tech’s College of Business features five MBA delivery methods geared to fit the many needs of every business student, regardless of where they are in their career path. Graduate students fresh from their undergraduate degree who are ready for the next step and those who have been in the field for some time will benefit from this affordable online degree. The business school’s online MBA program is tailored to fit many career goals, from the traditional online MBA to an executive-level program. Online classes are perfect for those who prefer to pursue their education at their pace. The Professional MBA is offered 100% online and makes learning convenient for those unable to adhere to a consistent class schedule. Business school leaders understand that return on investment is one of the most substantial factors when selecting a business program. This award-winning program has been recognized for its incredible value.

Affordability Score
99.10

An affordable online MBA is available at Texas A&M University-Texarkana’s College of Business, Engineering, and Technology. This stellar program has been designed to help build and enhance the skill set business leaders need to compete in today’s fast-paced and constantly evolving marketplace. Whether they are managing their businesses or trying to advance their careers to the next level, completing this A&M-Texarkana MBA program gives graduate students a competitive edge with its unique class design approach, affordability, flexibility, and diverse concentration options. Program leaders partner with area firms to design courses to ensure current and future industry requirements are being satisfied. Distance learners regularly engage in robust discussions with faculty and classmates that enhance learning opportunities while providing an effective environment to stimulate problem-solution and critical-thinking development. This affordable degree focuses on the needs of practicing and aspiring managers in the workforce. It focuses on leadership, strategy, organizational behavior, and many other topics for a well-rounded program.

Affordability Score
98.91

The Fayetteville State University Broadwell College of Business and Economics offers an affordable online MBA. [email protected] students complete a minimum of 36 credit hours and typically enroll in two classes each semester to finish the program in two years. The flexibility of the business program allows distance learners to take courses at their own pace, enabling an online MBA to be earned as quickly as one year or a maximum of 72 months. Core courses combine to build an advanced level of skills and knowledge in all major fields of an organization’s business activities. Elective courses allow students to tailor their business education to their unique career goals. Online MBA students at FSU have the chance to take credit-bearing elective courses from other online MBA programs within the UNC System. All foundational courses are designed to provide MBA students with all the basics they need to succeed in the MBA program if their academic or work background does not include key business concepts. FSU’s affordable online MBA is everything a top-five program should be.

Affordability Score
98.75

An affordable online MBA is available at the College of Business at the University of Texas of the Permian Basin. This online MBA program is one of the most affordable programs to be found in Texas, with competitive tuition rates that will surprise you. Since there are no out-of-state tuition fees, distance learners can earn this affordable degree from virtually anywhere in the world. During their program, MBA students set their learning schedules and complete coursework whenever and wherever convenient for them. They can finish their affordable online MBA in as little as twelve months. Potential MBA students who question if they can commit to a graduate program will appreciate this program’s 100% online format. UT Permian Basin is a member of the renowned Texas educational institution known as The University of Texas System. The University of Texas System educates nearly one-quarter of a million students and has maintained a reputation for academic excellence for over a century. This affordable online MBA deserves a second look.

Affordability Score
98.55

An affordable online MBA is offered at West Texas A&M University’s Paul and Virginia Engler College of Business. This high-quality MBA features five concentrations and fully online asynchronous courses to meet degree requirements. Business students who do not want to complete their entire program through distance learning are welcome to pursue some classes on campus in addition to working through the online mode. This MBA program is perfect for full-time employed professionals as it allows up to six years for completion to complement one’s work-life balance. Most students complete the program within twenty-four months. MBA students can determine a course load each semester within five semesters per year. Students enrolled in the MBA program can earn a general MBA or specialize in Computer Information Systems, Healthcare Management, Marketing, Management, and Procurement Management. The key learning outcomes for the online MBA include proficiency in professional communication, leadership, business environment, and business integration. This affordable MBA is brimming with potential.

Affordability Score
98.00

An affordable online MBA is currently available at Southern Arkansas University’s David F. Rankin College of Business. The AACSB International accredits this program. This business program’s quality is attested to as only five percent of business schools worldwide are accredited by AACSB. The general business curriculum includes a graduate-level study of accounting, marketing, economics, finance, organizational theory, management information systems, quantitative analysis, and strategic management. Additionally, critical perspectives that emphasize legal, ethical, global, political, social, regulatory, and environmental issues are included in the program. This affordable online MBA has recently added a Social Entrepreneurship emphasis as a 36-hour program. It aims to provide distance learners with the knowledge and skills to support and implement business-led initiatives to achieve social aims. Other specializations include an Agriculture Business emphasis and a Supply Chain Management focus. Students can complete all programs in a traditional night format, online delivery, or a mixture of the two. This affordable online MBA is worth a second look.

Affordability Score
97.97

The College of Business at Arkansas Tech University provides an affordable online MBA. This graduate business program is perfect for students wanting to further their education in business beyond the bachelor’s level. The program features a general business track, an online MBA with a Business Data Analytics specialization, and an online MBA with a Digital Marketing emphasis. All MBA courses are delivered online. The goal of the business program is to prepare graduate students for successful business careers in management and leadership roles with a focus on helping students develop critical information-analytical abilities and data-driven problem-solving skills needed in today’s evolving business world. The College of Business assigns academic advisors to each student enrolled in the MBA degree program. Advisors assist students in designing a study program that leads to the fulfillment of degree requirements. Subsequently, academic advisors and the Graduate College oversee the student’s progress. This degree offers so much for an attractive tuition rate.

Affordability Score
97.72

The University of North Carolina at Pembroke provides an affordable online MBA through the School of Business. Designed to help MBA students in any business environment, UNCP’s 100% online Master of Business Administration stands as one of the nation’s most versatile professional degrees. Whether they want the credentials to advance in their current organization or start their enterprise, this AACSB-accredited MBA can help professionals get there. Enrolled distance learners learn all significant business aspects, including marketing, accounting, finance, and economics, while developing interpersonal and management skills. The curriculum also includes lessons on examining the nature of human behavior, organizational structures and processes, essential elements of international business, and the impact of financial decisions. The courses are led by the same instructors who teach on campus. Online MBA students will integrate knowledge from multiple functional areas and gain hands-on experience by managing a computer-simulated organization. This affordable MBA is an excellent program for remote learners.

Affordability Score
97.05

Recommended Online MBA Programs

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The College of Business at the University of Central Arkansas provides an affordable online MBA. This stellar business degree offers students a clear pathway to expedited career advancement, entry into a new business role, and many fresh, fulfilling opportunities. UCA business graduates leave equipped with the critical thinking skills and technical knowledge to thrive in the business world. Students seeking an accelerated pace will be happy to know that all 30-hour program requirements can be completed in one calendar year. Flexibility is emphasized as classes can be pursued in-person during evening hours and 100% online to meet the demands of working professionals with time restraints and responsibilities. The Association for the Advancement of Collegiate Schools of Business accredits UCA’s College of Business. The UCA MBA program offers four specializations to meet the professional needs of business students. Finance, International Business, Health Care Administration, and Information Management are the concentrations. Those not wishing to select an emphasis may earn a general MBA. This affordable business program is a diamond in the rough.

Affordability Score
96.94

The Prairie View A&M University College of Business offers an affordable online MBA. PVAMU has designed this Master of Business Administration to provide the skills and knowledge needed to succeed in profit or not-for-profit organizations. The program integrates vital business disciplines to provide a stellar educational experience required to assume a leadership position as a manager or entrepreneur. The Association to Advance Collegiate Schools of Business (AACSB) accredits this affordable online MBA. The program is flexible as students may choose the evening MBA program with classes held in Houston at the PVAMU Northwest Houston Center. They may also take advantage of the online MBA and earn their MBA with zero campus visits over the entire program. With students’ needs in mind, the program is affordable and consistently ranked as an affordable option among AACSB accredited programs for over five years. It is no wonder why this affordable online MBA at Prairie View A&M University is one of the best in the nation.

Affordability Score
96.66

The College of Business and Technology at the University of Nebraska at Kearney provides an affordable online MBA. This program is designed to prepare graduate students with the knowledge, networking, leadership, critical thinking, and problem-solving skills to successfully manage a business and its core functional areas. Unique to the UNK experience, this affordable MBA degree is constructed for maximum impact as a blended program designed for flexibility while offering live interactions with peers and instructors. “Blended” includes flexible online classes that fuse the convenience of online courses with the straightforwardness of face-to-face interactions (in-person and virtual based on the distance learner’s preference) to ensure a dynamic learning experience for MBA students. All students select an emphasis that includes, Professional, Accounting, Human Resources, or Marketing Track. At this time, the Marketing, Human Resources, and Professional tracks can be completed 100% online. MBA students looking for a degree that prepares them for successful careers in business need to look no further.

Affordability Score
96.24

Missouri State University’s College of Business provides an excellent and affordable online MBA. Graduate students within this program can advance as business leaders by building on their management and teamwork skills. Professionals seeking advancement within an organization and those looking for a position within a different organization or ready to start their own business will appreciate all that Missouri State’s online Master of Business Administration degree has to offer. Distance learners can learn to understand global perspectives, build on their current skill set, and analyze the ethical implications of business decisions. Missouri State’s College of Business is one of only 10% of U.S. colleges of business accredited by AACSB – the prestigious accrediting entity for colleges of business administration. Enrolled students can be sure they are earning a degree with elite quality standards. MSU has partnered with Gradleaders to provide an online career position search portal. This affordable degree provides superior leadership, networking, marketability, and a global perspective. This affordable degree features advantages you won’t find anywhere else.

Affordability Score
95.72

Texas A&M International University’s A. R. Sanchez, Jr. School of Business features a solid and affordable online MBA. This program’s strengths include drawing from a multicultural staff of recognized experts in their fields, who all focus on providing distance learners with the best education possible. In this online program, MBA students will acquire the tools they need to be successful, independent, and resourceful in the business world and beyond. Enrolled students develop a broad range of essential business skills in the MBA in Management online program at TAMIU while gaining the confidence and understanding to become valuable contributors to the growth of any established organization or entrepreneurial venture. The curriculum includes vital marketing, finance, and management lessons. Infused with an international emphasis, this rigorous, AACSB-accredited MBA program includes studies on analyzing business research methods, financial management, strategic management, financial statements, and managerial economics. Instructors teach all courses within this program with experience as practitioners in many corporate endeavors. This affordable MBA has it all.

Affordability Score
95.60

The School of Business at North Carolina Central University provides an affordable online MBA. This state-of-the-art master’s degree can be pursued from the comforts of one’s home, giving a distance learner access to a rigorous, AACSB-accredited curriculum. This affordable online MBA is designed to prepare global leaders for immense leadership contribution. The distance degree allows graduate students to specialize in their study by specializing in one of five areas — Data Analytics, Hospitality and Tourism, Real Estate or Wealth Management, and Marketing. Enrolled students can move through the program at their own pace, and the program lasts between 18 months and two years. This program is the perfect fit for applicants with at least five years of professional work experience. All online MBA students are required to complete the general management core courses, which consist of twenty-four hours, and twelve hours in their area of emphasis. Graduate Core courses include Managerial Accounting, Management Information Systems, Managerial Statistics, Productions and Systems Management, Economic Analysis, Financial Policies, Behavioral and Management Theory and Analysis, and Marketing Strategy. This affordable program combines rigorous academics with a high-quality education.

Affordability Score
95.50

A top affordable online MBA is delivered at Western Illinois University’s College of Business and Technology. All MBA courses within this program are offered through the School of Computer Sciences and the Departments of Management, Marketing, Accounting, Finance, Economics, and Decision Sciences. WIU’s MBA is available to business graduates and those in liberal arts, science, engineering, mathematics, and other fields. Individual degree program requirements are based on previously completed academic work and range between 33 and 54 semester hours. Benefits of this online program include a diverse class delivery which consists of an on-campus option, a fully online format, and a hybrid-Livestream option for students wanting the best of both worlds. This program’s affordable tuition rates put an MBA degree within reach. Assistantship and internship opportunities allow distance learners to combine work and education. The business school’s instructors boast doctoral and law degrees from over forty internationally recognized universities. Western Illinois gives today’s online MBA students many reasons to pursue this high-powered business degree.

Affordability Score
95.36

The Kelce College of Business at Pittsburg State University provides a top online MBA with an affordable tuition rate. Online MBA students can succeed in today’s workforce with Kelce’s Professional Master of Business Administration from Pittsburg State. The AACSB-accredited online MBA gives enrolled students more career options, higher salary potential, and the confidence to grow their professional career in any organization. This fully online MBA program is designed to build future business executives into successful leaders in today’s competitive workforce. The curriculum emphasizes broad preparation in the competencies needed for business executives and practical experience with simulations and case methods embedded in the coursework. Online MBA graduates will be ready to take on any task in the business world as nearly 90% of program graduates are either gainfully employed or pursuing advanced degrees within six months of graduation. Distance learners enrolled in this stellar affordable program learn to implement management control systems. Kelce’s degree is an excellent choice.

Affordability Score
95.33

An affordable online MBA is currently available at Sam Houston State University’s College of Business Administration. This distance Master of Business Administration program is designed to develop candidates for leadership roles in modern organizations and prepare students to earn doctoral degrees in business successfully. The stellar curriculum emphasizes the integration and synthesis of business disciplines to develop a student’s ability to thrive in a dynamic environment and make wise administrative decisions that improve the value and contributions of an entity. This program applies to qualified students from any academic discipline. SHSU Online understands that a business degree needs to work for the student. It is more than just a piece of paper — it signifies accomplishment and expertise to the world. Distance learners earn an online MBA from SHSU by accumulating course credit hours. Since all credits are equal, the College of Business Administration allows its graduate students to earn course credit hours by equally pursuing in-person or online courses. Degrees do not say “online.” SHSU’s affordable online MBA is a great find.

Affordability Score
95.03

The School of Business at Henderson State University features a top-notch, affordable online MBA. Business professionals interested in advancing in their current careers or starting new ones will discover that this 100% online MBA program will prepare them with the essential skills and knowledge they need to lead in tomorrow’s business world. Highly qualified instructors teach all courses with professional and academic experience committed to MBA students’ success. Enrolled graduate students can choose the MBA specialization that best fits their personal and professional goals. Benefits of this affordable online MBA from Henderson State include the chance to earn a respected degree in as few as 14 months and for an attractive price for both in- and out-of-state students. The business school’s simple admission process means no pre-requisites, letters of recommendation, or essays are required. A GMAT waiver is available for qualifying applicants. This online MBA is as applicable as it is affordable.

Affordability Score
95.00

The School of Business at Emporia State University provides an affordable online MBA. The AACSB-accredited 100% online MBA Emporia State gives distance learners a top-quality, rigorous business education at an excellent value. This online program is delivered in accelerated, seven-week courses taught by instructors with real-world experience. All program requirements can be satisfied in as few as 12 months. Within the program, enrolled students gain a practical understanding of business management best practices. Case study-driven coursework means MBA students can immediately apply what they learn in the workplace. Emporia State offers academic excellence at an extreme value by giving students broader career options, more attractive earning potential, and the confidence they need to grow their careers in business. Taught by instructors with real-world experience, all courses encompass the fundamentals of marketing, managerial economics, financial management, and the use of technology and information systems in management to direct effective bottom-line decision-making. You won’t want this affordable online MBA to pass you by.

Affordability Score
95.00

An exemplary MBA with an affordable price is featured at Jacksonville State University’s School of Business & Industry. This MBA program has enjoyed accreditation through the AACSB-International since 1998. Its curriculum includes business fundamentals, and it addresses the international business environment and transforming business technologies. The program—which may be pursued 100% online—consists of 30 hours of coursework for the General MBA and 30 hours for the MBA – Accounting specialization program. Students entering the business school without an undergraduate degree in business may be required to complete up to nine credit hours of foundational coursework. Evaluations of undergraduate transcripts determine the exact requirement for each student. The College of Business and Industry has been recognized as one of the best business schools in the nation by The Princeton Review. It continues to receive national rankings and is recognized for maintaining attractive tuition rates.

Affordability Score
94.52

An MBA with an affordable price tag is delivered at Southeastern Oklahoma State University’s John Massey School of Business. Enrolled students can prepare for success through this 100 percent online, accelerated MBA program. Southeastern OSU’s online Master of Business Administration programs provides graduate students with essential business skills in marketing, strategic management, and finance along with specialization courses in a student’s chosen field. Distance learners have the option to select which AACSB-accredited MBA online program is right for them. Massey’s entirely online, comprehensive general MBA prepares students to step up to a wide variety of business leadership positions in the corporate workforce. This concentration is designed to prepare distance learners to meet and exceed MBA graduates’ expectations. Graduates of the program go into their next professional chapter, having developed the needed skills and competencies through applied business teachings and courses covering all aspects of marketing, entrepreneurship, and leadership. Graduates of this affordable online MBA can establish themselves as leaders within any organization.

Affordability Score
94.38

The Lutgert College of Business at Florida Gulf Coast University provides an excellent online MBA at an affordable price. This MBA program is designed to help students gain the skills and knowledge they need to work in executive and management positions in various organizations. The online professional MBA degree emphasizes the application of technical, analytical, and behavioral tools to solve organizational issues. The required courses deal with concepts across all business disciplines. Distance learners can expect to learn about leadership and teamwork, the application of technology, entrepreneurial approaches, and ethical and global awareness. This focused distance degree offers eight unique MBA concentrations. Enrolled students can complete all program requirements in just 33 credit hours. The GMAT/GRE requirement is waived for qualified applicants. Consistent with its guiding principles, Florida Gulf Coast University strives for academic excellence and ongoing quality improvement, as supported by its sound teaching-learning process. This affordable online MBA is an excellent opportunity for graduate students.

Affordability Score
94.18

An affordable online MBA is available at Longwood University’s College of Business & Economics. This program invites graduate students to step into a future based on their strengths and is engineered to increase their success. Longwood’s 100% online MBA is nationally acclaimed, affordable, and flexible. With its sterling academic reputation, instructors empower achievement through rigorous coursework offered in a convenient online format ideal for actively working professionals. This flexible and convenient online MBA is the perfect fit for working professionals with active schedules. It enables distance learners to complete their programs while balancing career and family obligations. The business school at Longwood is led by expert faculty with excellent business, research, and academic credentials. Instructors are dedicated to developing citizen leaders ready to make positive contributions to the common good of society. An affordable online MBA from Longwood University provides an excellent value. This online MBA at the College of Business & Economics cannot be beaten.

Affordability Score
94.16

Recommended Online MBA Programs

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While all would agree that an online MBA program matches the rigor of its on-campus counterpart, you may be surprised to discover that an online program can be the more advantageous choice. Here are the best reasons to earn an online MBA:

Online MBAs are Affordable

Many ambitious business students are rightfully concerned about program rates. MBAs are known to offer great value for both timeline flexibility and base cost. Accredited online MBA programs are readily available for $5,000 to $10,000 a year. Finding a high-quality MBA program does not mean you need to spend upwards of $50,000 a year. At many of the nation’s best business schools, it’s possible to adjust how many credits you enroll for each semester and how long it will take for program completion based on the amount you can afford to pay over time. Continuing to work while you’re pursuing your online MBA is an undeniable financial upside.

Online MBAs are Flexible

Distance learners who consider online MBAs must balance work and family responsibilities while keeping an eye on their future. While most online MBA programs offer a fusion of synchronous (within an appointed project or class time) and asynchronous learning (work that MBA students complete at any time that’s best for their schedules), online MBA schedules are known for being highly adaptable to active schedules.

Within many programs, online MBA students may complete their courses exclusively online, or they have the option of completing a campus-based residency that looks like an intensive one-week course or an international field study opportunity. Distance learners needing to work full-time, care for family members, or transition from active military service into the workforce, the flexibility of an online program may help them as they add a degree program to their list of priorities.

Online MBAs Offer Access to Innovative Technology

Since they present a quality curriculum via graduate students’ PCs and devices, online MBA programs exist at the cutting edge of business technology. Online education provides two key advantages to MBA students: they build their mastery of business technology while making their educational experience compatible with professional and personal needs and schedules. Online platforms like Adobe and ANGEL are constantly improving to make online learning more interactive and dynamic than ever. Online MBA programs typically include comprehensive tech support to troubleshoot any issues during coursework.

Other programs, services, and software available used by current online MBA students include Google Docs/Drive, Join.Me, Voicethread, Yammer, and Sakai.

Online MBAs Feature Many Aspects of Diversity

By their very design, online MBAs are adaptable to a wide array of backgrounds and needs, so graduate students who prioritize learning from various viewpoints will discover that going online will be a great choice. Business provides the chance to connect with students of different ages, life stages, career paths, and nationalities. These interactions help business leaders consider new ideas while reconsidering old ones.

Online MBAs Give Students Global Opportunities

Since its inception, the online MBA program has flourished and gained notoriety. Many of the nation’s best programs have prioritized attracting international students. They offer international business immersion residencies and establish satellite universities in other countries. Since online MBA students don’t typically meet with classmates every day, the chance to connect with students, faculty and professionals in immersive international environments can make a significant impact even when the experience lasts just a few days.

If international exposure is a priority, look for online MBA programs that feature global immersions that allow online students to travel to major business centers worldwide. Imagine traveling to cultural hotspots like Istanbul, Mumbai, and Johannesburg, all while acquiring course credit. If expanding your professional network abroad sounds exciting, it may be time to take your business education online.

Online MBAs Offer an Accelerated Experience

The quicker a graduate student can complete a program, the sooner she can apply for a higher position in business with this valuable credential on her resume. While a traditional MBA program may require students to commit two years to a program, many excellent online programs can be completed in as little as one year to sixteen months.

Online MBAs Have Developed Prestige Over the Years

Distance degrees in business are getting better reputations. In the past, online MBA programs weren’t as well-respected for various reasons, but those days are over. Some employers prefer that their workers pursue an online MBA program as it gives them the flexibility and convenience to study and work simultaneously. Many of the nation’s oldest and most respected universities currently offer online MBA programs.

Online MBA Programs Feature Financial Aid and Scholarships

The Application Trends Report by GMAC reveals that nearly 40% of online MBA students depend on receiving employer support to help pay for their education. AACSB accredited online MBA programs feature a similar financial aid process to their traditional counterparts. Some business schools have specific scholarships to help offset online program costs. The University of North Carolina offers partial scholarships to outstanding applicants, while Babson College features Blended Learning MBA Diversity and Women’s Leadership Scholarship that covers thousands in tuition.

Online MBA Programs Encourage Real-World Connections

While studying online and in-person can be different experiences, distance learning has come a long way in the connection and networking department. Traditionally, on-campus students have more chances to meet and form relationships with peers, attend presentations, and meet with instructors. Today’s distance learning environment gives students more access to fluid instructor office hours and group learning projects.

Online MBAs Feature Internship and Job Fair Opportunities

The best online MBA programs give their virtual students opportunities to participate in internships. Each year, more business schools incorporate internship programs into their curriculums. Some online students who live far from their university have taken advantage of partnerships between their business school and local businesses and corporations that offer alumni internships and mentors.

For many business professionals, the online MBA program is a key that unlocks their career goals. While it’s not designed to be the right fit for everyone, it is an excellent option for business professionals wanting a balance between a flexible schedule and an affordable tuition rate. When considering various online programs, find one that fits your timeline, career goals, and budget.

Recommended Online MBA Programs

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