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Cheapest Online MBA Programs 2023 Top Online MBA Programs with the Lowest Tuition Rates

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Business & MBA Editor
B.S., MBA
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.
MOST AFFORDABLE ONLINE MBA

An Online MBA degree can cost a distance learner upwards of $10,000-15,000 per semester. Luckily, 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, MBA programs have been developing students into into desirable candidates for the most competitive positions in business. They provided graduate students with the knowledge, experience, and skillsets they need. 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, and flexible scheduling. They can also offer multiple start dates, extreme accessibility, and interactive e-learning tools. Some of the best Online MBA programs can hold a price tag over $100,000. However, the average base tuition price for online 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 program prices.

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Ranking Navigation

Methodology

This is the 2023 ranking of the Most Affordable Online MBA programs. It focuses on education excellence and affordability. With our list of the best Online MBA programs from U.S. News and World Report, 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 from each university’s website. The ranking order is solely based upon the base tuition amount for the entirety of the Online 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 program costs sit relative to others on this list.

The 40 Cheapest Online MBA Programs

Georgia Southwestern State University features an affordable online MBA at the College of Business and Computing. This MBA integrates knowledge from functional business areas, the expertise of faculty, and the real-world experience of its 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. They educate business students in a wide range of skills and knowledge, including:

  • Management,
  • Finance,
  • Ethics,
  • International business, and
  • Marketing.

These are the basis for professional roles as successful leaders. Enrolled online 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 Online MBA students learn into practice.

Online MBA Website

Affordability Score
100.00

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 affordable online MBA program is tailored to fit many career goals, from the traditional online MBA degree 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. While this is one of the cheapest Online MBA programs available, it matches affordability in quality. 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.

Online MBA Website

Affordability Score
99.96

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 Online MBA program is a great choice. It 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. It is 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.

Online MBA Website

Affordability Score
99.77

The Fayetteville State University Broadwell College of Business and Economics offers an affordable online MBA. MBA@FayState 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. This online MBA degree can be earned in 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 Master of Business Administration program is everything a top-five program should be.

Online MBA Website

Affordability Score
99.61

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, Online MBA students set their learning schedules and complete coursework whenever and wherever convenient for them. They can finish their affordable online MBA program 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.

Online MBA Website

Affordability Score
98.42

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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. This includes studying 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.

Online MBA Website

Affordability Score
99.08

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 Online 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 online students complete the program within twenty-four months.

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 program include proficiency in professional communication, leadership, business environment, and business integration. This affordable MBA is brimming with potential.

Online MBA Website

Affordability Score
98.85

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 program 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.

Online MBA Website

Affordability Score
98.47

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 Master of Business Administration program 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.

Online MBA Website

Affordability Score
98.45

The University of Montana features one of the nation’s cheapest online MBA programs. This excellent distance MBA prepares students to operate in today’s rapidly evolving professional environment. Program leaders help graduate students broaden and deepen their knowledge and skills. Distance learners meet today’s challenges and succeed in their future workplaces.

Enrolled students have varied schedules and live nationwide. The UM MBA is Montana’s only MBA. It helps business professionals meet their goals. Graduate students can attend classes on campus or online. They can earn their degrees whenever their schedules allow and from anywhere worldwide.

This online MBA features remote teleconference locations in Montana for distance learners wanting to interact with peers. Ranking entities recognize the program as one of the most affordable in the nation. Online students enjoy access to individualized program support through the business school’s Gianchetta Student Success Center. There is advising, career development, and internships. All students earn a general MBA. This affordable online degree has a lot going for it.

Online MBA Website

Affordability Score
98.40

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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.

Online MBA Website

Affordability Score
97.96

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 or entry into a new business role. 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 Online 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 gem.

Online MBA Website

Affordability Score
97.79

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 options are based on the distance learner’s preference. This ensures 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.

Online MBA Website

Affordability Score
97.09

One of the nation’s cheapest online MBA programs is featured at Midwestern State University. This program is perfect for students looking for career acceleration, career development, and career changeover. The online MBA program at MSU Texas enables graduate students to achieve their career aspirations. This distance degree is a valuable supplement for many with bachelor’s degrees in business and non-business disciplines. Students begin applying real-world examples at the MBA level. Case studies and hands-on applications meld together within the curriculum. Midwestern State’s educational experience includes real-life applications and is relevant to career aspirations.

The Dillard College of Business Administration is committed to providing leadership. It does so at the region’s center of excellence in business service and education. Program leadership achieves the vision through a high-quality MBA program. Enrolled students benefit from economic development services provided by centers. This 33-hour, non-thesis, AACSB-accredited program is an asset at an affordable cost.

Online MBA Website

Affordability Score
96.98

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. They 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. They gain 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 business 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.

Online MBA Website

Affordability Score
96.42

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 for-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 program.

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 Online MBA programs in the nation.

Online MBA Website

Affordability Score
96.38

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 virtually, giving a distance learner access to a rigorous, AACSB-accredited curriculum. This affordable online MBA program 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.

Online MBA Website

Affordability Score
96.34

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. Nearly 90% of program graduates report being 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.

Online MBA Website

Affordability Score
96.16

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 might be:

  • Seeking advancement within an organization,
  • Looking for a position within a different organization, or
  • Ready to start their own business.

All will appreciate what 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. It is 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.

Online MBA Website

Affordability Score
96.08

An affordable online MBA is available at Southeast Missouri State University. Distance learners get the high-quality education they expect from an accredited MBA program at an affordable price. There are nine different MBA options, including in-person and online courses. The business school has something for all students pursuing their MBA. Interested candidates can explore tuition rates, scholarship opportunities, and graduate opportunities to determine if the program is the place for them.

This MBA program helps students develop highly valued skills. The curriculum presents a theoretical context for solving many business issues. There is an increased demand for managers with the skills and understanding to address organizations’ challenging demands. It is essential for students and current professionals to work toward their MBA. This is an accredited MBA program. All programs offered at SEMO are intended to be affordable for eligible students to access higher education. This online degree program proves that high quality does not have to mean high cost.

Online MBA Website

Affordability Score
96.03

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 program is a great find.

Online MBA Website

Affordability Score
95.86

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. It offers the essential skills and knowledge students 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 it offers 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.

Online MBA Website

Affordability Score
95.84

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. This degree gives students broader career options, more attractive earning potential, and the confidence they need to grow their careers in business.

All courses are taught by instructors with real-world experience. These courses encompass the fundamentals of marketing, managerial economics, financial management, and the use of technology and information systems in management. Mastering these topics helps graduates direct effective bottom-line decision-making. You won’t want this affordable online MBA to pass you by.

Online MBA Website

Affordability Score
95.37

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.

Online MBA Website

Affordability Score
95.33

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. It also offers specialization courses in a myriad of fields. 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.

Online MBA Website

Affordability Score
95.20

Recommended Online MBA Programs

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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 may be pursued 100% online. It consists of 30 hours of coursework for the General MBA and 30 hours for the MBA – Accounting specialization program. Students entering the 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.

Online MBA Website

Affordability Score
95.02

Nicholls State University offers an excellent online MBA program at an affordable rate. This is the only graduate business degree the College of Business at Nicholls State University offers. The excellent program may be completed via one of four programs. The Evening MBA program works for local students. The Online Program is great for distance learners. A Flex Program is perfect for hybrid students. The Executive MBA program is for business managers with experience.

All students are exposed to the same curriculum. Courses are taught by the same faculty and include the same learning goals and objectives. Online MBA students require a formal application for admission. An application fee is paid to the University. Applicants must complete an undergraduate degree at a regionally accredited college/university. All transcripts must be submitted. A GMAT waiver is provided for qualifying students. This distance degree gives students a lot of value for the money.

Online MBA Website

Affordability Score
94.95

The University of Arkansas at Little Rock features an affordable online MBA. UA Little Rock’s MBA flex program is the city’s only AACSB-accredited program. It is also the least expensive. The business school offers unparalleled flexibility for active professionals. They can attend classes live online or on campus. Graduate students switch seamlessly from one to the other at will. Enrolled students control their program pace and complete their degree in two to six years.

Attending classes on campus may fit easily within some locals’ schedules. The video-conferencing technology-enhanced classrooms allow students to join their classmates and instructors live without visiting the campus. They can take advantage of the richness of classroom discussions. Benefits of the flex MBA include the chance to save time and money by limiting a commute. Distance learners attend classes no matter where they live. Online MBA students ask questions and participate in discussions. This program is as affordable as it is robust.

Online MBA Website

Affordability Score
94.89

An affordable online MBA program is offered at Louisiana State University Shreveport. Working professionals have career goals. This online MBA from LSU Shreveport guides enrolled students to them. Current working professionals and those seeking more fulfilling careers in new professions benefit from this program’s valuable management insights. The online degree program featured at LSUS College of Business is a true asset to your job.

Throughout the courses, students develop a comprehensive understanding of organizational strategy. They are exposed to leadership and management. Graduate students learn how to apply tools in various business settings. The online MBA in General Business includes 30 credit hours, seven core courses, and three electives. Students pursuing the Master of Business Administration complete core courses. These courses prepare students with a foundation in managerial accounting and finance. This excellent business degree has it all.

Online MBA Website

Affordability Score
94.83

The University of Houston-Victoria features one of the nation’s cheapest online MBA programs. Enrolled students gain the confidence and knowledge to move into high-level positions. The AACSB accredits the online Global MBA with a concentration in General Business online at UHV. Enrolled students enjoy this online master’s program. They gain an understanding of business fundamentals within a global perspective framework. The business school offers five start dates each year. Distance learners can complete their degrees online in one year.

In this MBA online program, students gain the ability to analyze an evolving global business environment. The curriculum includes the skills to address cross‐disciplinary operational issues in an international marketplace. MBA students gain a broad understanding of cultural differences used in addressing issues from a global perspective. Graduates can work as Management Consultants, Operations Managers/Directors, and Business Analysts. This online MBA is worth a second look.

Online MBA Website

Affordability Score
94.80

Lamar University offers one of the nation’s most affordable online MBA programs. Enrolled students prepare for advancement and higher management positions. This 100% online MBA program is accelerated. The distance program gives students a solid business background and the chance to tailor their degree to their interests. The several in-demand concentrations are relevant. Online MBA students gain leadership savvy and strategic skills. They are equipped to solve the technical and human issues of the management equation.

Lamar’s General MBA online program provides students with a comprehensive business education. It includes core managerial finance and accounting knowledge. Students learn about marketing, economics, strategic management, and international management. Lessons within this online MBA general program provide leadership and strategic skills. The curriculum exposes students to finance and accounting concepts with corporate management and decision-making. Seasoned instructors teach about marketing and management for multinational firms. This online MBA is one of the cheapest in the nation.

Online MBA Website

Affordability Score
94.67

Clayton State University delivers one of the nation’s cheapest online MBA programs. Business leaders must compete in today’s global economy. Enrolled students are equipped to tackle any business issues with innovative solutions. Clayton State gives distance learners the skills they need to be tomorrow’s business leaders.

The entirely online Master of Business Administration program in the College of Business allows students to study general business. They can specialize in one of six high-demand areas. Program designers know that earning an MBA should be convenient. Clayton State makes dreams happen with this fully online MBA degree. The AACSB accredits the College of Business. Graduate students can earn this degree in as little as 12 months. Enrolled students are on the fast track to pursuing an affordable MBA from a respected business school. This program is designed for working professionals. Courses are delivered in eight-week sessions. Students enjoy an efficient course schedule. This online MBA is one of the best.

Online MBA Website

Affordability Score
94.58

The University of Louisiana at Lafayette features an affordable online MBA program. The B.I. Moody III College of Business Administration is an excellent business school. This accelerated, 100% online MBA is perfect for busy working professionals. Enrolled students gain the advanced business skills they need. There are eight online MBA degree concentrations. The online MBA in Healthcare Administration program is a popular degree. Graduate students looking for speedy course completion will enjoy the accelerated eight-week courses.

An affordable package price means online MBA students can find excellent value. The business school allows students to complete their degrees in 15 months. The five starting times each year mean graduate students can enroll in June, August, October, January, or March. The AACSB-International accredits this high-performing business degree. All courses vary by concentration. Students can specialize in General Business Administration, Entrepreneurship, Finance, and more. The University of Louisiana at Lafayette hits it out of the park with this affordable online MBA.

Online MBA Website

Affordability Score
94.48

The University of Southern Indiana offers an affordable online MBA program. Students in this program can stand out in the job market with advanced training in business management. The online MBA program from the Romain College of Business is a winner. It offers interactive instruction and experiential learning. Distance learners develop their ability to think critically and creatively within business. This affordable degree is entirely online.

This stellar degree program is perfect for helping students take on leadership roles in virtually any organization. Enrolled students gain the knowledge and hands-on experience needed. Graduates get the chance to experience success as innovative company managers, directors, or VPs. The interactive online MBA program at Southern Indiana prepares graduate students to engage in issues where business and society intersect strategically. The curriculum speaks to ethics of business administration, globalization, and fast-moving technology changes. Graduates of the online MBA program qualified for various leadership roles. This program has it all.

Online MBA Website

Affordability Score
94.37

An affordable online MBA is available at the University of Nebraska-Omaha. This excellent MBA degree comprises thirty-three total credit hours. Twenty-four credit hours include core courses, while nine hours are electives. Core classes are scheduled for eight-week periods during the Fall and Spring semesters. Students attend classes for four weeks during the summer. The core curriculum helps students develop a solid foundation across various business functions and build analytical, leadership, and communication skills.

Students with an undergraduate major or a graduate degree in marketing, accounting, economics, finance, management, or management information systems may waive some core courses. Classes that correspond to the student’s undergraduate major or graduate degree will be waived. All students with core course waivers must take a directed elective in the waived field. The hours of electives must be selected from the listing of MBA electives. The listing includes courses designed for the MBA program. This excellent online MBA has a lot going for it, including an affordable tuition rate.

Online MBA Website

Affordability Score
94.30

Texas A&M University-Corpus Christi features one of the nation’s cheapest online MBA programs. This entirely online MBA program develops the in-demand leadership skills professionals need. They can rise above the competition in the business world and open doors to more rewarding career opportunities. The AACSB-International accredits Texas A&M-Corpus Christi’s online program. Graduates do not simply earn their MBAs. They develop analytical, technology, and communications skills to surpass new career levels and enrich earning potential.

Distance learners at Texas A&M-Corpus Christi expect excellence in the faculty, engaging instruction, and groundbreaking research. They also enjoy the prestige of a coveted university degree when they graduate. The online MBA program enables them to provide leadership to teams’ problem-solving situations. Students solve problems using decision-making tools and communicate verbally and in writing to diverse audiences. Graduates become experts in entrepreneurship, business operations, and consulting. Learners wanting to realize their full capabilities as leaders in business will discover their distinctive edge.

Online MBA Website

Affordability Score
94.18

One of the nation’s cheapest online MBA programs is available at Ball State University. This elite Master of Business Administration program has a reputation for quality teaching. Program designers deliver the practical and rigorous experiences needed to excel in today’s global and digital economy. The business school prides itself on convenience and personal attention. This online MBA degree focuses on building strategy, ethics, and leadership skills. The emphasis on decision-making is one of the differentiators of a Ball State MBA.

Ball State offers the flexibility of classes on campus, online, or both. Students can customize their MBA further by choosing one of eight specializations. The general MBA is a popular option. Program leaders understand that many students have families, full-time professions, and other responsibilities outside their schoolwork. This program offers flexibility in how graduate students complete their degrees. Earning a Ball State online MBA means students have choices in their format and schedule. You can complete your degree full-time or part-time. Now is the time to consider this online MBA.

Online MBA Website

Affordability Score
94.11

The University of Montevallo offers one of the nation’s most affordable online MBA programs. This leadership-driven MBA is the business school’s flagship program. It is one of the state’s most innovative and well-recognized distance degrees. This program perfectly matches students eager to launch careers of distinction. Working professionals ready to move up, change careers, and maximize earning potential will thrive within its curriculum. Program architects custom-fit this degree for enterprising individuals from all industries wanting a world-class business degree. This online MBA is fast, flexible, and affordable.

Employers seek well-rounded leaders who have a deep, foundational knowledge of business. This general management concentration with an interdisciplinary perspective is tops. The online MBA experience imparts knowledge and skills across competencies. Students learn about accounting, strategy, communications, economics, operations, finance, and marketing. The AACSB accredits the courses. Accomplished business professionals teach them. Do yourself a favor and look into this affordable online MBA.

Online MBA Website

Affordability Score
94.11

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 program 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 program from Longwood University provides an excellent value.

Online MBA Website

Affordability Score
94.04

Youngstown State University offers a stellar online MBA. The program’s focus is on providing students with timely knowledge. This program will lead to career success and advancement. Enrolled students learn to think more strategically. They make better decisions and become stronger leaders. The curriculum features immersion in real-world issues and leadership practice. Online MBAs work to identify problems, pinpoint opportunities, and implement quality strategies. These lessons allow students to create a more significant impact on themselves and their organizations.

The business school understands that a student’s time is valuable. What you learn in one session, MBAs can apply what they learn in one session to the workplace the next day. Graduate students seeking expedited experience can earn their degree in 14 months. Courses are delivered in a business-friendly, concentrated format that meets over seven weeks. Working individuals and those within an undergraduate in business or STEM field may waive the placement tests. This affordable online MBA is worth its weight in gold.

Online MBA Website

Affordability Score
93.72

Recommended Online MBA Programs

Visit schools for information on enrollment, tuition, and aid

Online MBA programs match the rigor of its on-campus counterparts. But you may be surprised to discover that an online program can be the more advantageous choice. Let’s go through some of the top frequently asked questions about affordable Online MBA programs.

Are Online MBA Programs Affordable?

Many ambitious business students are rightfully concerned about program rates. Online MBAs are known to offer great value for both timeline flexibility and base cost. The cheapest MBA online programs are readily available for $7,000 to $14,000 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. This lets students choose 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.

The Cheapest Online MBA Programs

SchoolAffordability Score
Georgia Southwestern State University100.00
Louisiana Tech University99.96
Texas A&M University-Texarkana99.77
Fayetteville State University99.61
University of Texas of the Permian Basin99.42
University of North Carolina at Pembroke99.08
West Texas A&M University98.85
Southern Arkansas University98.47
Arkansas Tech University98.45
University of Montana98.40
Florida Gulf Coast University97.96
University of Central Arkansas97.79
University of Nebraska at Kearney97.09
Midwestern State University96.98
Texas A&M International University96.42
Prairie View A&M University96.38
North Carolina Central University96.34
Pittsburg State University96.16
Missouri State University96.08
Southeast Missouri State University96.03
Sam Houston State University95.86
Henderson State University95.84
Emporia State University95.37
Western Illinois University95.33
Southeastern Oklahoma State University95.20
Jacksonville State University95.02
Nicholls State University94.95
University of Arkansas at Little Rock94.89
Louisiana State University Shreveport94.83
University of Houston-Victoria94.80
Lamar University94.67
Clayton State University94.58
University of Louisiana at Lafayette94.48
University of Southern Indiana94.37
University of Nebraska-Omaha94.30
Texas A&M University-Corpus Christi94.18
Ball State University94.11
University of Montevallo94.11
Longwood University94.04
Youngstown State University93.72
This is a list of the cheapest Online MBA programs and their Affordability Score. The score provides a snapshot of where each Online MBA program’s base tuition sits relative to others on this list.

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Are Online MBA Programs Flexible?

Students who consider the cheapest MBA online programs must balance work and family responsibilities. They have to find balance while keeping an eye on their future. Most online MBA programs offer a fusion of:

  • Synchronous (within an appointed project or class time) and
  • Asynchronous learning (work that online 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. Some have the option of completing a campus-based residency. These residencies can be an intensive one-week course or an international field study opportunity. Distance learners come from a wide array of personal circumstances. Some need 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.

Do Online MBA Programs Offer Access to Innovative Technology?

The cheapest MBA online programs present a quality curriculum via graduate students’ PCs and devices. Affordable 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.
  • They make 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. Tech support will troubleshoot any technical 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.

Are Online MBA Programs Diverse?

By their very design, affordable online MBA programs are adaptable to a wide array of backgrounds and needs. Graduate students who prioritize learning from various viewpoints will discover that going online will be a great choice. These cheapest MBA online programs provide 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.

Do Online MBA Programs Give Students Global Opportunities?

Since its inception, the online MBA program has flourished and gained notoriety. Many of the nation’s best Online MBA programs have prioritized attracting international students. They offer international business immersion residencies and establish satellite universities in other countries. Online MBA students don’t typically meet with classmates every day. Therefore, 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 affordable online MBA programs that feature global immersions. These allow online students to travel to major business centers worldwide. Imagine traveling to cultural hotspots like Istanbul, Mumbai, and Johannesburg. And this travel will help students acquire course credit. If expanding your professional network abroad sounds exciting, it may be time to take your business education online.

Do Online MBA Programs Offer an Accelerated Experience?

The quicker a graduate student can complete a program, the sooner they can apply for a higher position in business with this valuable credential on a resume. Traditional MBA programs 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.

Are Online MBA Programs Prestigious?

Distance degrees in business are getting better reputations. In the past, affordable 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. This is because 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.

Do Online MBA Programs Feature Financial Aid and Scholarships?

The Application Trends Report by GMAC reveals some interesting insights. 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. Babson College features Blended Learning MBA Diversity and Women’s Leadership Scholarship. This scholarship covers thousands in tuition.

Do Affordable Online MBA Programs Encourage Real-World Connections?

Studying online and in-person can be different experiences. While some might think distance learning offers less connection, it has come a long way over the years. Traditionally, on-campus students have more chances to meet and form relationships with peers. Connections easily happen when attending presentations and meeting with instructors. But today’s distance learning environment allows for similar experiences. It can sometimes give students more access to instructor office hours and group learning projects.

Do Online MBA Programs Feature Internship and Job Fair Opportunities?

Many Online MBA students are fully employed. These students might not need internships. But for those that are not fully-employeed, or those who are looking for a career change, internships can be important. Some of 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 key partnerships. Partnerships between their business school and local businesses can offer internships and mentors.

For many business professionals, the cheapest MBA online programs are keys that unlock their career goals. It’s not designed to be the right fit for everyone. But 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.

Related Resources:

Best No-GMAT Online MBA Programs
Fastest Online MBA Programs
Best EMBA Programs
Most Affordable Technical and Trade Schools

Ready to start your journey?

Ready to start your journey?