In this article, we highlight the 30 most affordable top-ranked online MBA programs.

According to U.S. News and World Report, there are key career benefits to earning an MBA. From transferable skills that may be carried over into your next job to higher employment rates following graduation, earning an MBA can benefit your future.

Featured Programs

Thankfully, individuals do not have to disrupt their work experience to attend graduate school. Online MBA programs are offered at some of the nation’s top-ranked schools. These flexible and accredited online MBA programs provide professional and working adults convenient educational options.

Methodology

We examined approximately 230 institutions that offered accredited online master’s degree programs in business or business administration (MBA). We chose schools that had earned rankings from major publications like Forbes magazine, The Princeton Review, and U.S. News and World Report. From our selection, we chose the top 30 most affordable institutions based on the most recent published graduate tuition price/fees by NCES College Navigator. The school in our #1 position is the most affordable selection.

Below are the 30 most affordable top-ranked online MBA programs.

#30 – Lehigh University

Online Master’s in Business (MBA)

Bethlehem, Pennsylvania

Website

Lehigh University - Top Affordable Online MBA Programs

Kelley School of Business at Lehigh offers an accredited online MBA program.

Graduate Tuition/Fees: $24,840

Lehigh University’s College of Business and Economics and Office of Distance Education offers online master’s in business degrees designed for students who want to earn an online MBA without class attendance requirements. The program is AACSB accredited, with courses taught by the same professors who provide on-campus instruction. Required MBA courses include introduction to the organization and its environment, managing financial and physical resources, managing information, and managing people. Students are also able to declare a concentration from one of six available areas. Concentrations include corporate entrepreneurship, finance, international business, marketing, project management, and supply chain management. Lehigh University is ranked by U.S. News and World Report as the 47th best national university in the country, and the online MBA program ranks #8 out of 1,200.

More information on Lehigh University

#29 – Pennsylvania State University World Campus

Online MBA

University Park, Pennsylvania

Website

Penn State University - Top Affordable Online MBA Programs

Group work and team projects are common in Penn State’s online MBA program.

Graduate Tuition/Fees: $19,832

Pennsylvania State University’s World Campus offers affordable online MBA degree programs that are AACSB-accredited. The program provides interactive curriculum that focuses on contemporary business strategies. Required courses include financial and accounting tools, financial management, managing human resources, marketing in a global environment, and project management. Group work and team-oriented projects are accomplished through the program’s message boards, discussion forums, and web conferencing. Penn State is nationally ranked by major publications like Forbes magazine and U.S. News and World Report. In fact, U.S. News ranks the institution as the 47th best national university and the 14th top public school in the country.

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#28 – Temple University

Online Master’s in Business (MBA)

Philadelphia, Pennsylvania

Website

Temple University - Top Affordable Online MBA Programs

Temple University’s Fox Business School offers an affordable online master’s in business.

Graduate Tuition/Fees: $16,144

The Fox School of Business at Temple University offers some of the best online master’s in business administration programs in the country. Not only is the school nationally ranked and accredited, but the online MBA program is ranked #1 in the country by U.S. News and World Report. Two areas of concentration are available for Fox MBA students: human resource management and marketing management. All classes are delivered online with the exception of a week-long residency held at Temple’s main campus. Required coursework includes global business strategy, industrial organizations in business, managing risk, and operations management. Temple University is recognized as the 115th best national university in the country by U.S. News and World Report.

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#27 – University of Massachusetts

Online Master’s in Business (MBA)

Amherst, Massachusetts

Website

University of Massachusetts - Top Affordable Online MBA Programs

AACSB-accredited online MBA degree programs are available at the University of Massachusetts.

Graduate Tuition/Fees: $14,754

The Isenberg School of Management at University of Massachusetts offers affordable online MBA degree programs that are accredited at the highest level by AACSB. For students interested in a specialized MBA, focus areas in entrepreneurship, finance, healthcare administration, and marketing and sport management are available. Required courses include international finance, marketing strategy, organizational strategy, supply chain management, and taxes and business decisions. Major publications like U.S. News and World Report rank the institution as the 75th best national university. The online MBA program at UMass ranks #12 out of more than 1,200 programs surveyed by U.S. News.

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#26 – Southern Illinois University

Online Master’s in Business (MBA)

Carbondale, Illinois

Website

Southern Illinois University - Top Affordable Online MBA Programs

Southern Illinois University’s online MBA program explores topics in brand management and business ethics.

Graduate Tuition/Fees: $14,002

The College of Business at Southern Illinois University offers one of the best online MBA degree programs in the country. The program has received AACSB accreditation and is designed for working professionals who require flexible learning options in order to balance education with life obligations. Courses are delivered entirely online and taught by the same faculty who teach full-time in the traditional classroom. For the general MBA program, classes explore topics in brand management, business communication for MBA professionals, business ethics, managerial accounting and control, and operations management. The university and graduate degree programs, including the MBA, are ranked by major publications like U.S. News and World Report. In fact, U.S. News lists the institution as the 153rd best national university and the 83rd top public school. The online MBA program ranks #34 in the country.

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#25 – George Mason University

Online Executive MBA

Fairfax, Virginia

Website

George Mason University - Top Affordable Online MBA Programs

Earn an online executive MBA at George Mason University.

Graduate Tuition/Fees: $13,304

George Mason University offers affordable online master’s in business degrees designed for working professionals who want to advance their careers. The executive MBA program provides flexible online options to help working students earn a graduate degree without having to commute to campus. Students may choose from the critical infrastructure EMBA, global EMBA, or national security EMBA. Required courses explore topics in analytical decision-making, global understanding, knowledge and integration of functional business, and law and ethics. George Mason is ranked by major publications like Forbes magazine, The Princeton Review, and U.S. News and World Report. In fact, U.S. News ranks the school #135 for best national universities. The online MBA program ranks #34 in the country.

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#24 – Washington State University

Online Master’s in Business (MBA)

Pullman, Washington

Website

Washington State University - Top Affordable Online MBA Programs

Working professionals can earn an online EMBA (executive MBA) at Washington State University.

Graduate Tuition/Fees: $12,745

Washington State University offers affordable online master’s in business administration programs that are open to students across the globe. Foundational courses include data analysis for managers, foundations in finance, foundations in marketing, introduction to financial and managerial accounting, and managerial economics. Courses are offered in a five- to seven-week format to provide added convenience and flexibility for students balancing school and life obligations. WSU is a nationally ranked institution. According to the 2016 edition of Best Colleges, U.S. News and World Report ranks the school as the 140th best national university. WSU’s online MBA program ranks #22 in the country.

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#23 – University of Florida

Online Master’s in Business (MBA)

Gainesville, Florida

Website

University of Florida - Top Affordable Online MBA Programs

University of Florida’s online MBA program ranks #4 in the nation!

Graduate Tuition/Fees: $12,737

The University of Florida offers an accredited online MBA program designed for working and professional students who require flexible learning options. The program is one of the first of its kind to achieve full-accreditation as an online MBA, and is recognized by Financial Times, The Princeton Review, and U.S. News and World Report. There are two options available: the 16-month option and the 27-month option. Both options require minimal weekend visits on campus, but are considered online programs. The University of Florida is ranked by U.S. News and World Report as the 47th best national university, the 14th top public school, and the 18th most innovative school in the country. Also, UF offers the 4th best online MBA program in the nation.

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#22 – University of Texas at Dallas

Online Professional MBA

Richardson, Texas

Website

University of Texas Dallas - Top Affordable Online MBA Programs

UT Dallas offers an AACSB-accredited online professional MBA designed for working students.

Graduate Tuition/Fees: $11,940

The online master’s degree in business program at UT Dallas is designed for working professionals who want to advance in their current careers or open doors to executive roles. Online courses include business economics, financial accounting, global economy, managerial accounting, quantitative methods for business decision-making, and strategic management. The program is AACSB-accredited and recognized by major publications like U.S. News and World Report. In fact, the 2016 edition of Best Colleges ranks UT Dallas as having the 9th best online MBA program in the country. Also, the institution is ranked #140 for best national universities and #251 for best global universities.

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#21 – SUNY College at Oswego

Online MBA

Oswego, New York

Website

SUNY Oswego - Top Affordable Online MBA Programs

SUNY College at Oswego offers a highly ranked online MBA program.

Graduate Tuition/Fees: $11,915

SUNY College at Oswego offers affordable online master’s in business degrees that are designed for individuals currently in management positions, but looking to enhance their business skills. The online program consists of 36 credit hours of core classes and electives. Core requirements include international business, managerial finance, marketing management, and organization and management from a global perspective. Electives may include cyber law, employment law, futures and options markets, investment analysis and portfolio management, and taxation of corporations. SUNY-Oswego is ranked with major publications like U.S. News and World Report. In fact, U.S. News lists the school as the 58th best regional university in the North and the 14th top public school. The online MBA program ranks #20 in the nation.

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#20 – Arizona State University

Online Master’s in Business (MBA)

Tempe, Arizona

Website

Arizona State University - Top Affordable Online MBA Programs

ASU ‘s online master’s in business degree program is customizable.

Graduate Tuition/Fees: $11,304

The W.P. Carey School of Business at Arizona State University offers some of the most affordable online MBA degree programs in the nation. The program is AACSB-accredited and allows students to customize their MBA to meet their career goals. Optional concentrations are available in finance, international business, marketing, and supply chain management, although a general curriculum program may also be chosen. Required courses may include managerial economics, managerial finance, organization theory and behavior, statistics for managers, and strategic management. ASU is nationally ranked with major publications like U.S. News and World Report. In the 2016 edition of Best Colleges, the publication ranks the school as the 129th best national university. The university’s online MBA program ranks #5 in the nation.

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#19 – University of North Carolina

Online Master’s in Business Administration (MBA)

Chapel Hill, North Carolina

Website

University of North Carolina - Top Affordable Online MBA Programs

UNC’s accredited online MBA program ranks #3 in the country.

Graduate Tuition/Fees: $11,074

University of North Carolina’s online master’s in business administration programs are offered through the top-ranked Kenan-Flagler Business School. Students attend weekly online classes taught by the same instructors who teach on campus. Specialized concentration areas include corporate finance, entrepreneurship, global supply chain management, investment management and sustainable enterprise, management consulting, and marketing. Core courses include business communication, business strategy, developing management and leadership skills, financial accounting, and operations management. UNC is ranked by major publications like Forbes magazine and U.S. News and World Report. In fact, U.S. News lists the school as the 30th best national university. The online MBA ranks #3 in the nation.

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#18 – Auburn University

Online MBA

Auburn, Alabama

Website

Auburn University - Top Affordable Online MBA Programs

Students enrolled in Auburn’s online MBA degree program take the same classes that are taught on campus.

Graduate Tuition/Fees: $10,418

Auburn University’s accredited online MBA program is offered through the Raymond J. Harbert College of Business. Students earn the same quality education online as they would by attending classes on campus. The same seasoned professors who teach in the traditional classroom teach courses online. Required classes include cost analysis and systems, financial analysis, integrated business projects and case analysis, marketing and consumer theory, and strategic analysis for business decisions. For those interested in earning multiple degrees, dual-degree options in MSBA-finance, management information systems, and industrial and systems engineering are available. U.S. News and World Report ranks Auburn as the 102nd best national university and the 46th top public school. The online MBA program ranks #10 in the nation.

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#17 – North Carolina State University

Professional Online MBA

Raleigh, North Carolina

Website

North Carolina State University - Top Affordable Online MBA Programs

NC State’s online professional MBA is AACSB-accredited.

Graduate Tuition/Fees: $10,224

Students pursuing an online master’s degree in business may find affordable options at North Carolina State University. The professional online MBA program is AACSB-International accredited and designed to meet the needs of working students who are unable to meet for face-to-face classes. Flexible or accelerated completion options are available so that students may earn their degree in as little as 21 months or up to six years. While courses are delivered online, two 3-day residencies at the main campus are required. Required courses include critical analytical thinking, global strategy, management of technology and innovation, and managerial and career effectiveness. NC State is ranked as the 89th best national university by U.S. News and World Report. Additional rankings include #50 for best value schools and #15 for best online MBA programs.

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#16 – Indiana University

Online MBA

Bloomington, Indiana

Website

Indiana University - Top Affordable Online MBA Programs

Indiana University’s affordable online MBA is ranked #2 in the country!

Graduate Tuition/Fees: $9,743

Kelley School of Business at Indiana University offers an online master’s degree in business administration (MBA) for students who want flexibility without sacrificing on quality. The Kelley School of Business is ranked among the top 20 business schools in the nation, and offers access to highly acclaimed study abroad programs. Students may also earn a dual degree with an online MS in business analytics, entrepreneurship and innovation, finance, global supply chain management, marketing, or strategic management. Indiana University is ranked by major publications like U.S. News and World Report. In fact, the 2016 edition of Best Colleges lists the school as the 75th best national university, the 29th top public school, and the 62nd best college for veterans. The online MBA program ranks #2 in the country.

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#15 – University of Tennessee at Martin

Online MBA for Financial Services Professionals

Martin, Tennessee

Website

university-of-tennessee-top-affordable-online-mba-programs

The Online MBA for Financial Services Professionals at University of Tennessee at Martin is offered in a six-week or eight-week format.

Graduate Tuition/Fees: $9,648

One of the most affordable online master’s in business degrees is offered at the University of Tennessee at Martin. The online MBA program is AACSB-accredited and designed for financial services professionals who want to earn additional skills and business knowledge. Required courses include business skills, corporate financial management, managerial economics, marketing strategy, operations management, and strategic management and business policy. Since the program is designed for working professionals and full-time employees within the financial industry, courses are delivered entirely online in a six- or eight-week format. Flexible delivery options make the online MBA program at University of Tennessee at Martin one of the top choices for working students. The institution is ranked by U.S. News and World Report as the 50th best regional university in the South and the 19th top public school. The online MBA program ranks #22 in the nation.

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#14 – Cleveland State University

Online Accelerated MBA

Cleveland, Ohio

Website

Cleveland State University - Top Affordable Online MBA Programs

An online accelerated MBA from Cleveland State University can be completed in just 12 months.

Graduate Tuition/Fees: $9,625

Inexpensive online master’s in business administration programs are available if you know where to look. Cleveland State University offers an accelerated online MBA that is AACSB accredited and ranked by major publications like U.S. News and World Report. Highly motivated students have the option of completing their online MBA in just 12 months, without interrupting their current employment to do so. The program is flexible and designed for working students who need to balance their education with current life obligations. Required courses include integrative business strategy, international business, managerial accounting, and strategic entrepreneurship. Cleveland State University’s online MBA program is ranked #20 among the best programs in the country.

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#13 – Ball State University

Online Master of Business Administration

Muncie, Indiana

Website

Ball State University - Top Affordable Online MBA Programs

Five areas of concentration are available through Ball State’s affordable online MBA program.

Graduate Tuition/Fees: $8,904

Ball State University offers a nationally recognized and accredited online MBA program that is designed to equip individuals with the skills necessary to land high-paying jobs and advance current careers. Ball State’s Miller College of Business is among the 15 percent of business schools accredited by the AACSB. Students have the option of customizing their online MBA with five areas of concentration. Focus areas include entrepreneurship, finance, health economics and policy, operations management, and sales management. Required courses include accounting and decision-making, economic analysis for managers, entrepreneurial leadership, and statistics and quantitative methods. Ball State is ranked by U.S. News and World Report as the 168th best national university and 91st top public school. The online MBA program ranks #12 in the nation.

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#12 – University of Wisconsin

Online MBA

Eau Claire, Wisconsin

Website

University of Wisconsin - Top Affordable Online MBA Programs

Students can take 100% of their coursework online through the University of Wisconsin’s online MBA program.

Graduate Tuition/Fees: $8,901

The University of Wisconsin offers an affordable online master’s degree in business program that is ranked and accredited. Coursework is 100% online, with no required campus visits. Foundation courses include accounting foundations for business decisions, fundamentals of managerial finance, management information systems in business, and organizational management foundation. Electives may include consumer behavior, corporate venturing, organizational leadership and change, and project portfolio management. The University of Wisconsin is ranked by U.S. News and World Report as the 33rd best regional university in the Midwest and the 6th top public school. The online MBA program ranks #12 in the nation.

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#11 – Georgia Southern University

Online MBA

Statesboro, Georgia

Website

Georgia Southern University - Top Online MBA Programs

No campus visits required! Georgia Southern University’s online MBA classes are delivered 100% via distance learning.

Graduate Tuition/Fees: $8,728

Georgia Southern University offers one of the top accredited online master’s in business degrees in the nation. Launched in 2001, the online MBA program requires no campus visits and offers an accelerated completion time of just 21 months. In-state and out-of-state students pay the same tuition and the school prides itself on offering well below national average program costs. Required courses for the online MBA include global and international business, human behavior in organizations, managerial decision analysis, and production and operations management. Georgia Southern is a nationally ranked institution. In fact, U.S. News and World Report ranks the online MBA program #28 in the nation.

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#10 – University of Nebraska

Online Master’s in Business (MBA)

Lincoln, Nebraska

Website

University of Nebraska - Top Affordable Online MBA Programs

Earn a top-ranked online MBA from the University of Nebraska.

Graduate Tuition/Fees: $8,556

The University of Nebraska offers an affordable online master’s degree in business that allows students to earn a top-ranked MBA without attending traditional classes. Regardless of where individuals live, the tuition cost is the same for all online MBA students. The program requires a total of 48 credit hours (30 hours of core classes and 18 hours of electives). Students are required to take courses in applied organizational behavior, financial accounting, managerial economics, human resource management, and supply chain management. The program also offers an international overlay for students interested in focusing their studies on international business. Elective international business classes include international finance, international trade, and marketing and globalization. University of Nebraska is ranked by major publications like U.S. News and World Report as the 103rd best national university. The online MBA program ranks #15 in the nation.

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#9 – University of North Dakota

Online Master’s in Business Administration (MBA)

Grand Forks, North Dakota

Website

University of North Dakota - Top Affordable Online MBA Programs

Interested in international business? University of North Dakota’s online MBA program offers the concentration.

Graduate Tuition/Fees: $8,461

The University of North Dakota’s accredited online MBA program is designed for working students who need to balance education with life obligations. The program prepares students with the skills needed to meet real-world management challenges at an executive level by emphasizing topics in controlling a business enterprise, operating, organizing, and planning. For those interested, students have the option of pursuing an MBA concentration in international business. Also, thesis and non-thesis tracks are available. Required courses for either track include advanced managerial theory, advanced strategic management, information systems, and managerial finance. Major publications like U.S. News and World Report rank the institution as the 180th best national university. The online MBA ranks #31 in the nation.

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#8 – Mississippi State University

Online Master’s in Business (MBA)

Mississippi State, Mississippi

Website

Mississippi State University - Top Affordable Online MBA Programs

Mississippi State University’s affordable online MBA ranks #22 by U.S. News and World Report.

Graduate Tuition/Fees: $7,502

The College of Business at Mississippi State University offers affordable online MBA degree programs designed for working professionals. The AACSB-accredited MBA program consists of 27 required hours of core classes and three hours of electives. Required courses include corporate finance, economics for managers, leadership skills, management information technology and systems, quantitative analysis and business research, and strategic business consulting. Mississippi State is nationally ranked by major publications like U.S. News and World Report. In fact, U.S. News lists the school as the 161st best national university and the 88th top public school. The online MBA program ranks #22 in the country.

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#7 – University of Mississippi

Professional MBA Online

University, Mississippi

Website

University of Mississippi - Top Affordable Online MBA Programs

Ole Miss offers an online professional MBA degree program!

Graduate Tuition/Fees: $7,444

The University of Mississippi offers inexpensive online master’s in business degrees that are designed for working professionals. Students may complete the professional MBA entirely online and in as little as two years. Ole Miss’s business school is AACSB-accredited and ranked among some of the best in the country. Flexible scheduling options allow students to work at their own pace while completing the online MBA. While some students complete the program in just 24 months, others may take up to six years. Required courses include business planning and entrepreneurship, financial analysis, leadership and ethics, managerial accounting, and strategic marketing management. The school and its graduate programs are ranked by major publications. In fact, U.S. News and World Report ranks Ole Miss as the 140th best national university with the 92nd best graduate business school. The online MBA program ranks #22 in the nation.

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#6 – Oklahoma State University

Online Master of Business Administration

Stillwater, Oklahoma

Website

Oklahoma State University - Top Affordable Online MBA Programs

Oklahoma State University offers one of the most affordable online master of business administration degrees.

Graduate Tuition/Fees: $7,230

Oklahoma State University offers an affordable online master’s degree in business that is designed for working professionals who have current career obligations that prevent them from meeting in the traditional classroom. According to the program website, OSU’s online MBA program is unique in that it incorporates a teamwork focus found in most full-time, traditional MBA programs. Students also have the option of attending full-time or part-time depending on personal needs and goals. Oklahoma State is nationally ranked by U.S. News and World Report. In the 2016 edition of Best Colleges, U.S. News lists the school as the 149th best national university. The online MBA ranks #41 in the nation.

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#5 – Georgia College and State University

Online MBA

Milledgeville, Georgia

Website

Georgia College and State University - Top Affordable Online MBA Programs

The online MBA program at Georgia College and State University ranks #22 in the nation.

Graduate Tuition/Fees: $7,174

Georgia College and State University offers an accredited online MBA program that is designed for professionals who want to attend graduate school without interrupting their work and personal lives. Foundation course requirements include business finance, economics, principles of accounting, and statistics. MBA courses may include global and international business, human behavior in organizations, managerial accounting, managerial decision analysis, and production and operations management. Georgia College ranks #28 for best regional universities in the South by U.S. News and World Report. Additional rankings by the publication include #9 for top public school, #23 for best colleges for veterans, and #22 for best online MBA program in the nation.

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#4 – University of North Texas

Online MBA and Accelerated MBA

Denton, Texas

Website

University of North Texas - Top Affordable Online MBA Programs

Highly affordable and accredited! UNT offers online MBA and accelerated MBA programs.

Graduate Tuition/Fees: $7,165

The University of North Texas’ College of Business offers online master’s in business administration programs that are accredited and highly affordable. What makes UNT’s online MBA programs unique are the available concentrations for distance learning students. Concentration courses focus on finance or marketing for the online MBA and organizational behavior and strategic management for the accelerated online MBA. Required courses for all online MBA students include accounting for management, administrative strategy, introduction to the business decision process, marketing management, and organizational behavior and analysis. UNT is a nationally ranked institution. In fact, U.S. News and World Report ranks the school’s online MBA program #15 in the nation.

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#3 – Kennesaw State University

Online Master’s in Business (MBA)

Kennesaw, Georgia

Website

Kennesaw State University - Top Affordable Online MBA Programs

The affordable online master’s in business at Kennesaw State can take just 20 months to complete.

Graduate Tuition/Fees: $6,740

Kennesaw State University offers affordable online master’s in business degrees that are designed for business professionals who want to earn an MBA without having to attend traditional classes. The online MBA takes approximately 20 months to complete, although students may work at their own pace. The program is AACSB accredited and ranked with major publications like Bloomberg BusinessWeek and U.S. News and World Report. In fact, the online MBA programs rank #28 in the nation and the university ranks #71 for best regional universities in the South by U.S. News. Additional U.S. News rankings include #32 for top public schools and #6 for most innovative schools.

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#2 – Arkansas State University

Online MBA

Jonesboro, Arkansas

Website

Arkansas State University - Top Affordable Online MBA Programs

Arkansas State University offers one of the most affordable online MBA programs in the United States.

Graduate Tuition/Fees: $5,810

Arkansas State University offers affordable online MBA degree programs through the College of Business. The online program is ideal for working professionals who desire advanced business skills but are unable to forsake work schedules to go back to school. A concentration in supply chain management is also available for students who want more than the general online MBA. Required courses include accounting for planning and control, corporate financial management, global strategic initiatives, management information systems, and strategic marketing. Arkansas State is ranked by major publications like U.S. News and World Report. In fact, U.S. News lists the school as the 53rd best regional university in the South and the 21st top public school. The online MBA program ranks #10 in the nation.

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#1 – University of Nevada

Online Executive MBA (EMBA)

Reno, Nevada

Website

University of Nevada - Top Affordable Online MBA Programs

Mid-career professionals and execs can earn an affordable online executive MBA at the University of Nevada!

Graduate Tuition/Fees: $5,322

The University of Nevada offers an online executive MBA program that is designed for mid-career professionals and executives who want to advance in the business world. Required core courses include economics of the firm, financial management, marketing management, and statistics for decision making. Fifteen credits of breadth, or major, requirements include information and communications technology in organizations, managing organizations in a global economy, personal branding, and strategic management for executives. The University of Nevada is nationally ranked by The Princeton Review and U.S. News and World Report. In fact, the 2016 edition of Best Colleges lists the school as the 187th best national university. The school’s online MBA program ranks #31 in the nation and is recognized as our most affordable online master’s in business degree program.

More information on the University of Nevada

This concludes our ranking of the top 30 most affordable online master’s degree programs in business for 2016.

 

By GSH Staff
August 2016