2018 Most Affordable Online Colleges for MBA Programs

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All 23 of these schools offer affordable online MBA programs for less than $8,000 per year. Missouri State University, the most affordable school on this list, offers a Master of Business Administration at an annual tuition rate of $4,845. Students looking to specialize their MBA program can benefit from the four concentrations offered by the University of Central Arkansas: finance, health care administration, information management, and international business. Tuition for the online MBA at University of Central Arkansas is $4,875 per year.

You can read more about our ranked schools below or browse our 2017 rankings of the most affordable online master's programs. View our methodology or learn more about SR Education Group.

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All tuition numbers were manually collected and verified
Rank College Annual Tuition
#1 #1 Missouri State University Annual Tuition $4,845
#2 #2 University of Central Arkansas Annual Tuition $4,875
#3 #3 Wayne State College Annual Tuition $5,231
#4 #4 Henderson State University Annual Tuition $5,265
#5 #5 Chadron State College Annual Tuition $5,850
#6 #6 William Woods University Annual Tuition $5,875
#7 #7 Southeast Missouri State University Annual Tuition $6,009
#8 #8 University of the Cumberlands Annual Tuition $6,300
#9 #9 Western Illinois University Annual Tuition $6,351
#10 #10 Western Governors University Annual Tuition $6,500
#11 #11 Delta State University Annual Tuition $6,577
#12 #12 University of Alaska Fairbanks Annual Tuition $6,660
#13 #13 Fort Hays State University Annual Tuition $6,800
#14 (tie) #14 (tie) Mississippi State University Annual Tuition $6,840
#14 (tie) #14 (tie) University of Sioux Falls Annual Tuition $6,840
#16 #16 Alcorn State University Annual Tuition $6,888
#17 #17 California State University-Dominguez Hills Annual Tuition $6,900
#18 #18 American Public University System Annual Tuition $7,000
#19 #19 Southern Arkansas University Annual Tuition $7,005
#20 #20 John Brown University Annual Tuition $7,140
#21 #21 Dakota Wesleyan University Annual Tuition $7,200
#22 #22 University of West Alabama Annual Tuition $7,293
#23 #23 Lamar University Annual Tuition $7,344
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  • Annual Tuition: $4,845
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 3,293
  • Example Classes:
    Advanced Financial Management; Management Information Systems; Marketing Management; Organization Strategy and Policy; Organizational Behavior; Quantitative Methods in Business Decision Making
  • Annual Tuition: $4,875
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 1,867
  • Example Classes:
    Accounting for Management Decisions; Financial Decision Making; Information Technology for Managers; Marketing Strategy; Operations Management; Strategic Management
  • Annual Tuition: $5,231
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 518
  • Example Classes:
    Decision Science; Financial Administration; Management Accounting; Managerial Communications; Managerial Economics; Marketing Administration

Online Master's Degrees (1)

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  • Annual Tuition: $5,265
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 428
  • Example Classes:
    Accounting Theory; Eco Analysis for Mgr Decisions; Grant Writing and NP Funding; Policy Formulation & Implementation; Strategic Info Systems; Trends in Management

Online Master's Degrees (2)

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  • Annual Tuition: $5,850
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 631
  • Example Classes:
    Corporate Finance; High Performance Leadership; Information Systems for Managers; Managerial Accounting; Managerial Economics; Organizational Behavior
  • Annual Tuition: $5,875
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 1,171
  • Example Classes:
    Entrepreneurial Planning and Design; Financial Decisions; Human Resources & Organizational Behavior; Legal Environment of Business, Goverment and Society; Management Systems; Managerial Ethics
  • Annual Tuition: $6,009
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 1,400
  • Example Classes:
    Acquiring & Compensating Talent; Improving Team Performance; Integrated Decision Information Systems; International Business Strategies; Strategic Cost Management; Topics in Entrepreneurship
  • Annual Tuition: $6,300
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Total Graduate Enrollment: 3,376
  • Example Classes:
    Legal, Ethical, and Social Environment; Managerial Accounting; Managerial Economics; Managerial Finance; Marketing Management; Organizational Behavior
  • Annual Tuition: $6,351
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 1,953
  • Example Classes:
    Applied Business forecasting and Planning; Corporate Financial Reporting and Analysis; Corporate Information Systems; Decision Making for Global Markets; Economics for Managers; Financial Management: Theory and Practice
  • Annual Tuition: $6,500
  • School Type: Non-Profit
  • School Accreditation: NWCCU and DEAC
  • Total Graduate Enrollment: 15,769
  • Example Classes:
    Data-Driven Decision Making; Ethical Leadership; Global Economics for Managers; Management Communication; Managing Human Capital; Managing Organizations and Leading People
  • Annual Tuition: $6,577
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Total Graduate Enrollment: 801
  • Example Classes:
    Applied Decision Science; Business Intelligence; Enterprise Resource Planning; Global Supply Chain Management; Recruitment, Selection & Performance Appraisal; Risk Management for Healthcare Industry
  • Annual Tuition: $6,660
  • School Type: Non-Profit
  • School Accreditation: NWCCU
  • Total Graduate Enrollment: 1,105
  • Example Classes:
    Business Law and Ethics; Derivative Securities; Economics of Environmental and Business Sustainability; Fixed Income Securities and Markets; Portfolio Theory and Asset Pricing; Quantitative Methods for Managers

Online Master's Degrees (1)

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  • Annual Tuition: $6,800
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 2,379
  • Example Classes:
    Advanced Corporate Finance; Information Systems for Management; Managerial Economics; Marketing Management; Organizational Behavior in a Global Context; Strategic Management
  • Annual Tuition: $6,840
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Total Graduate Enrollment: 3,452
  • Example Classes:
    Corporate Finance; Law, Ethics, and Dispute Resolution; Leadership Skills; Management Information Technology & Systems; Strategic Business Consulting; Strategic Marketing Management
  • Annual Tuition: $6,840
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 258
  • Example Classes:
    Commercial Law; Financial Planning and Control; Leadership and Ethical Management; Managerial Communications; Managing Organizational Dynamics; Negotiations
  • Annual Tuition: $6,888
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Total Graduate Enrollment: 607
  • Example Classes:
    Business Policy and Strategy; Financial Institutions; Futures, Options and Other Derivative Securities; Marketing Analysis; Organizational Behavior and Development; Tax Planning for Management Decisions

Online Master's Degrees (1)

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  • Annual Tuition: $6,900
  • School Type: Non-Profit
  • School Accreditation: WASC WSCUC
  • Total Graduate Enrollment: 2,015
  • Example Classes:
    Compensation and Benefits; Corporate Finance-Valuation Analysis; Essentials of Human Resources Management; Human Behavior in Organizations; International Marketing: Cases and Current Issues; Strategic Management
  • Annual Tuition: $7,000
  • School Type: For-Profit
  • School Accreditation: NCA HLC and DEAC
  • Total Graduate Enrollment: 9,473
  • Example Classes:
    Applied Decision Making; Corporate Finance; Legal and Ethical Issues in Management; Managerial Economics; Marketing Management; Strategic Management
  • Annual Tuition: $7,005
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 972
  • Example Classes:
    Agriculture Markets and Prices; Enterprise Resource Planning; Human Behavior in Organizations; International Trade of Agricultural Products; Supply Chain Security; Supply Chain Sourcing
  • Annual Tuition: $7,140
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 655
  • Example Classes:
    Business Intelligence & Visualization; Christian Foundations for Organizational Leaders; Game Theory; International Stakeholder Management; Marketing Strategies; Survey of Global Business Practice & Foundations
  • Annual Tuition: $7,200
  • School Type: Non-Profit
  • School Accreditation: NCA HLC
  • Total Graduate Enrollment: 86
  • Example Classes:
    Ethics and Public Policy; Leadership/Corporate Accountability; Managing Workplace Environments; Regulatory/Reporting Environments; Strategic Business Development; Strategic Operations Management
  • Annual Tuition: $7,293
  • School Type: Non-Profit
  • School Accreditation: SACS COC
  • Total Graduate Enrollment: 2,117
  • Example Classes:
    Comparative Business Law and Ethics; Emerging Technologies; Financial Management; Managerial Accounting; Managerial Economics; Strategic Management and Business Policy
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This indicates that a school has an annual tuition of $15,000 or less as reported to the National Center for Education Statistics or based on the school's website.