Top 10 Cheapest Online MBA Programs In The US of 2024/2025

Top 10 Cheapest Online MBA Programs In The US

In the United States, an MBA is one of the most sought-after graduate degrees. It's adaptable, grads are in demand, and it opens up a lot of attractive professions. However, the cost is high. While the average debt for all master's degrees is $43,379, students with MBA degrees owe an average of $49,727.

Higher incomes are the reason why many pursue graduate degrees, and MBAs are no different. Those who only have a bachelor's degree often make 30% less money than those who have an MBA.

But it makes sense that students are looking for the most affordable online MBA programs given that the overall amount of student loan debt reached a peak of $1.75 trillion. View the US's Top 10 Most Affordable Online MBA Programs.

What is the typical price of an online MBA program?

A master's degree typically costs $65,134, while an MBA typically costs $71,880. Despite the fact that MBA graduates often make 30% more than their counterparts with bachelor's degrees, students are nevertheless concerned about crippling debt after graduation.

The cost of in-person programs may also be higher. In addition to offering flexibility, a few of the above-mentioned schools enable students to complete their degrees online and avoid paying out-of-state tuition.

Top 10 Cheapest Online MBA Programs In The US

1. University of the Cumberlands

$13,098 in average debt

There are over 18,000 students enrolled in the Williamsburg, Kentucky, private Christian university called the University of the Cumberlands. For 130 years, they have been educating the future generation of business executives and are recognized as a top MBA school. Students can successfully pursue their education while juggling their existing responsibilities with an online MBA program.

They are the best ranked schools for the cheapest online MBA, with an average student debt of $13,098.

2. Western Governors University

Average Debt: $13,235

Located in Millcreek, Utah, Western Governors University (WGU) is an online, private, non-profit university. For their reasonably priced online MBA program, they employ a competency-based learning approach, allowing students to progress through the course at the rate at which they can comprehend the content.

In contrast to conventional MBA programs, WGU offers a fixed tuition rate for each six-month term. There are no deadlines for exams or assignments, and if you can master the content, you should be done in approximately a year. The coursework is accessible at any time and from any location.

3. University of Tulsa

$13,293 in average debt

Depending on how many courses you take each semester, the online Master of Business Administration (MBA) program offered by the Collins College of Business at the University of Tulsa can be finished in 12 to 24 months.

This program includes elective courses from several areas within the business college and can be tailored to match individual career goals. These electives cover subjects like:

Finance and Energy Marketing

Information systems on computers

Global commerce

4. University Center and CUNY Graduate School

$14,650 in average debt

Situated in New York City, the CUNY Graduate Center is a public research institution that is part of the Graduate School and University Center of the City University of New York. It features over 4,600 students, 14 master's programs, 31 doctoral programs, and 30 research centers covering a range of subjects.

READ MORE: Top 10 US Universities With The Best Programs for African Students

5. Northwestern Missouri State University

$14,821 in average debt

Located in Maryville, Missouri, Northwest Missouri State University is a public university. Their MBA program covers a wide range of subjects, including international business, marketing, entrepreneurship, and human resources, to provide you with the knowledge and skills necessary to make wise decisions as a leader. They provide specializations in:

Accounting

Economics of Agriculture

Finance and Business Analytics

Systems of Geographic Information

Medical Administration

Marketing, Management, and Human Resources

You may be confident that every member of their tenure-track and tenured MBA faculty is a top-notch specialist in their respective subjects. You may be sure you're learning from the top because 95% of their faculty members hold the highest degrees in their respective disciplines.

6. Emporia State University

$14,973 in average debt

Founded in 1863, Emporia State institution is a public institution located in Emporia, Kansas. With six start dates, this MBA program is now offered entirely online in expedited 7-week courses with a shortened admissions procedure.

Nine optional hours in topics like Systems Analysis and Design, Marketing Analytics, Electronic Marketing, and Consumer Behavior are available to students enrolled in the ESU MBA program.

7. Texas A&M International University

$15,391 in average debt

Located in Laredo, Texas, Texas A&M International University (TAMIU) is a public university. More than 8,500 students attend this Texas A&M University System campus. TAMIU greatly cherishes its role as a multicultural and multilingual academic community, frequently providing programs in both Spanish and English, in part because of its proximity to the Mexican border.

In addition to providing concentration options in international business, international banking and finance, international commerce and logistics, management, criminal justice, and healthcare administration, its MBA program equips students with the skills they need to succeed in their chosen fields.

8. University of Texas A&M, Corpus Christi

$15,467 in debt on average

Depending on where a student lives, West Texas A&M University's online MBA program has different costs to complete. In-state students must pay around $14,000 in tuition, while out-of-state students must pay approximately $14,200. In addition to three letters of recommendation, applicants must submit their GMAT or GRE results. Last year, the acceptance percentage was close to 89%.

READ MORE: Mauritius's Top 10 Most prestigious universities

9. University of Alaska Fairbanks

$15,837 in average debt

The University of Alaska system's flagship campus is University of Alaska Fairbanks. If you're anxious about the GMAT, University of Alaska Fairbanks provides everything you need. For those students who would choose not to take the GMAT, they provide other options. Anything from enrolling in the Watson-Glaser Critical Thinking exam to earning their BBA with a strong GPA.

Make your MBA degree uniquely yours by choosing one of their eight specialization areas that correspond with your desired professional path. Their MBA program can be completed in less than two years because it is all online. They do not require an undergraduate business degree as a prerequisite and offer in-state tuition rates for all online MBA courses.

10. William Woods University

$16,015 in average debt

William Woods University is a private university located in Fulton, Missouri, that was established in 1970. The program is intended for professionals who want to finish their MBA in 12 to 18 months and allows students to enroll at any time throughout a new 8-week term.

They take great satisfaction in offering an MBA program that better prepares students for careers in the corporate world by fusing academics with real-world experience.

Conclusion

Getting an MBA can have significant financial and professional benefits. Graduates of business schools typically earn six figures, with potential for bonuses and promotions upon hire.

any schools are offering online versions of their on-campus MBA counterparts. With this kind of flexibility, you won’t lose face-time at work. Based on student debt, we have listed Top 10 Cheapest MBA Online Programs In The US. We hope that you can select the best program for yourself.

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