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In this article, we profile the top 50 most affordable online MBA degree programs for 2017.

You may want to earn a master’s degree in business for the potential hike in earnings it can deliver. According to a 2015 career outlook report by the United States Department of Labor — Bureau of Labor Statistics, more master’s degrees were awarded in business than any other field. And among all occupations, business had some of the highest wage premiums for those employed with an MBA. So while there is competition, the earning potential is a huge benefit of earning a master’s in business administration. Online MBA programs are now available to accommodate the growing demand of this degree, and even some of the nation’s top universities are offering MBA programs online.

Ranking Methodology for the Most Affordable MBA Programs Online

This is a list of the top 50 most affordable online MBA degree programs offered by accredited colleges and universities, and ranked according to raw affordability. The programs listed below are strong MBA degree options with graduate tuition and fees below $23,500. We looked at 255 accredited colleges and universities listed by the National Center for Education Statistics (NCES) College Navigator that offered online MBA programs. We verified accreditation and selected schools and programs that had earned rankings by U.S. News and World Report. From the list of schools, we selected the 50 most affordable online MBA programs.

Below is our list of the top 50 most affordable online MBA degree programs listed in order of affordability.

#50 – Hofstra University

Online MBA

Hempstead, New York

Website

Hofstra University - Online MBA Degree Programs
Takes just 20 months to complete! Hofstra University’s online MBA.

Graduate Tuition/Fees: $23,290

Hoftstra University offers some of the most affordable online MBA programs on our list. Not only is the school ranked by major publications like U.S. News and World Report as a leading national university, but the online MBA programs are ranked among the top 40 in the country. In fact, U.S. News and World Report ranks the online MBA programs #36 out of more than 1,200 surveyed programs. The program is offered through the AACSB-accredited Zarb School of Business and designed to be completed in just 20 months. Courses, lasting seven weeks in length, are taught by full-time Hofstra faculty with research and industry experience. GRE or GMAT scores may be waived at admission if the applicant is able to show progressive work experience. Hofstra’s below $25,000 annual graduate tuition earns it a spot on our list of the most affordable online MBA degree programs.

#49 – Northeastern University

Online Master’s in Business Administration

Boston, Massachusetts

Website

Northeastern University - Online MBA Degree Programs
Top-ranked and accredited! Northeastern University’s online MBA program is also affordable.

Graduate Tuition/Fees: $22,913

Northeastern University is one of our top picks for affordable online master’s in business degree programs. Offered through the well-known D’Amore-McKim School of Business and accredited by the Association to Advance Collegiate Schools of Business International, the program is one of the top-ranked online MBA programs of its kind. In fact, the Financial Times ranks the online MBA 8th in the U.S., and U.S. News and World Report ranks the program #42 out of more than 1,200 surveyed programs. Thirteen core courses and five electives are delivered in an online format and can be tailored to meet career goals. Eight in-demand concentrations like finance, healthcare management, international management, and sustainability are also available.

#48 – Pennsylvania State University

Online Master of Business Administration

University Park, Pennsylvania

Website

Pennsylvania State University - Online MBA Degree Programs
Penn State’s online MBA program is tailored for working individuals.

Graduate Tuition/Fees: $20,912

Pennsylvania State University’s online MBA program is AACSB-accredited and requires 48 credits (39 core credits and 9 credits of concentration coursework). The program is designed to be tailored toward individual career goals or personal interests with the ten concentration options. Some of the concentrations include accounting, business analytics, finance, general management, human resource management, or supply chain management. Each concentration allows students to sharpen specific skills that may benefit their career aspirations. Penn State is a top-ranked institution. All major publications like Forbes magazine, The Princeton Review, and U.S. News and World Report rank the school as among the best national universities. Also, the online MBA programs are ranked #42 by U.S. News.

#47 – Temple University

Online MBA

Philadelphia, Pennsylvania

Website

Temple University - Online MBA Degree Programs
Temple University’s online MBA is accredited and ranked.

Graduate Tuition/Fees: $16,676

The Fox School of Business at Temple University offers one of the top online master’s in business programs in the country. The program offers an integrated and collaborative curriculum taught by internationally recognized faculty members. Due to the prestige of the program and business school, admission is highly competitive. The school only admits the best of the best. Admission requires college transcripts, a current resume, two letters of recommendation, two required essays, and official GMAT test scores. Admissions interviews are conducted by invitation only. Temple is a top-ranked national university recognized by major publications like U.S. News and World Report. In fact, the online MBA program is ranked #1 in the country by U.S. News and World Report and is one of our most affordable choices for online MBA degrees.

#46 – Creighton University

Online Master’s in Business Administration

Omaha, Nebraska

Website

Creighton University - Online MBA Degree Programs
Creighton University offers an online MBA that is ranked in the top 50 programs in the country.

Graduate Tuition/Fees: $16,424

One of the more affordable MBA programs online on our list is from Creighton University’s Heider College of Business. This customizable online MBA is a 33-credit program designed for busy professionals who want to complete a master’s in business entirely online. Four specialization options are available, including accounting, information technology, investments, and leadership. The program is AACSB-accredited and ranked by major publications like U.S. News and World Report. In fact, Creighton’s online MBA is ranked #47 out of more than 1,200 programs surveyed by U.S. News. Official GMAT scores, two letters of recommendation, and official transcripts are required for admission.

#45 – Mercer University

Online MBA

Macon, Georgia

Website

Mercer University - Online MBA Degree Programs
Mercer University’s online master’s in business administration is a self-paced program.

Graduate Tuition/Fees: $15,857

Mercer University offers affordable online MBA programs through its Eugene W. Stetson School of Business and Economics. This self-paced, AACSB-accredited program allows students to complete a master’s in business administration in just 18 months. Online students enjoy small class sizes and personalized attention from experienced Mercer faculty members. Six available concentrations provide students with the ability to tailor their degree toward career goals and interests. These concentrations include economics, finance, general business, healthcare management, human resources, and marketing. U.S. News and World Report ranks Mercer as a top national university and best value school. Also, Mercer’s online MBA program is ranked among the top 100 MBA programs in the country and is one of our affordable picks.

#44 – University of Massachusetts

Online MBA

Amherst, Massachusetts

Website

UMASS Amherst - Online MBA Degree Programs
UMASS Amherst offers an online MBA that is fully AACSB-accredited.

Graduate Tuition/Fees: $15,613

One of the top and most affordable MBA programs online is offered by University of Massachusetts’s Isenberg School of Management. This fully AACSB-accredited program is flexible, convenient, and designed for working students who desire rigor and challenge when it comes to their studies. The program is also customizable, allowing students to choose an area of focus that best suits their personal and career goals. These specializations include business analytics, finance, healthcare administration, marketing, or sport management. Admission to the program is competitive and requires a personal essay, official transcripts, two letters of recommendation, and GMAT scores. The university is nationally ranked by major publications. Also, the online MBA programs are ranked #12 out of more than 1,200 programs surveyed by U.S. News and World Report.

#43 – Southern Illinois University

Online Master’s in Business Administration

Carbondale, Illinois

Website

Southern Illinois University - Online MBA Degree Programs
Southern Illinois University’s online MBA program takes about 23 months to complete.

Graduate Tuition/Fees: $14,583

Southern Illinois University offers one of the most affordable MBA programs online on our list. This AACSB-accredited program offers a structured 23-month curriculum format that adheres to the same model as is available on campus. Optional MBA concentrations are available so that students may tailor their degree toward career goals or personal interests. These concentrations include agribusiness economics or general business. The faculty who lead online classes are the same full-time professionals who teach on campus. In fact, online students receive the same quality education as their on-campus peers. Southern Illinois is a top ranked institution by major publications like U.S. News and World Report. Also, the online MBA programs are ranked #36 out of more than 1,200 surveyed programs.

#42 – University of Cincinnati

Online Master of Business Administration

Cincinnati, Ohio

Website

University of Cincinnati - Online MBA Degree Programs
University of Cincinnati has an online MBA that can be completed in just 12 months!

Graduate Tuition/Fees: $14,468

The AACSB-accredited online master’s in business from University of Cincinnati is an accelerated MBA program that can be completed in as little as 12 months. Courses run seven weeks in length to offers students flexibility by compressing the customary completion time. The program also offers customizable concentrations that allow students to tailor their MBA toward career goals and interests. These specializations include corporate taxation, health care administration, and marketing. The admission process requires two letters of recommendation, a statement of purpose, current resume or CV, transcripts, and official GMAT or GRE scores. The institution is a top-ranked national university. In fact, U.S. News and World Report ranks the online MBA #65 out of more than 1,200 surveyed programs.

#41 – Marist College

Online MBA

Poughkeepsie, New York

Website

Marist College - Online MBA Degree Programs
Marist College’s online MBA is 100% online!

Graduate Tuition/Fees: $14,040

Marist College offers an online master’s in business administration that is AACSB-accredited and ranked with major publications like the Princeton Review and U.S. News and World Report. In fact, the most recent edition of Best Colleges ranks Marist’s online MBA programs #61 out of more than 1,200 surveyed programs, making it a top choice among quality online MBA degrees. The program is 100% online and offers several concentrations so that students may tailor their degree toward career aspirations. These concentrations include ethical leadership, financial management, and healthcare administration. Admission to the program requires official GMAT or GRE scores received within the last five years along with a current resume and two letters of recommendation.

#40 – University of Maryland

Online MBA

College Park, Maryland

Website

Univerisity of Maryland - Online MBA Degree Programs
University of Maryland’s online MBA program requires competitive GRE or GMAT scores for admission.

Graduate Tuition/Fees: $13,256

University of Maryland’s Robert H. Smith School of Business offers a top ranked online master’s in business administration that is designed to complete in just 24 months. Several specialization options make it convenient for students to tailor their degree toward their career goals and personal interests. These specializations include accounting, finance, information systems, marketing, and supply chain management. Getting admitted to University of Maryland requires professional work experience (a minimum of two years), letters of recommendation, and competitive GMAT or GRE scores. The school is an accredited and top ranked institution. Also, U.S. News and World Report ranks the online MBA programs at University of Maryland #9 out of more than 1,200 surveyed programs.

#39 – Washington State University

Online MBA

Pullman, Washington

Website

Washington State University - Online MBA Degree Programs
WSU’s flexible online MBA program is top-ranked by U.S. News and World Report.

Graduate Tuition/Fees: $12,753

Washington State University’s online MBA programs are some of the most affordable and top ranked MBA programs in the country. This AACSB-accredited program is offered through a flexible 100% online format and provides four concentration options so that students may tailor their studies toward career goals. These concentrations include finance, hospitality business management, international business, and marketing. A general MBA track is also available. Admission to the MBA program does not require the GMAT if undergraduate GPAs are 3.0 or better. WSU is a nationally ranked institution, and its online MBA programs are ranked #27 by U.S. News and World Report.

#38 – University of Florida

Online MBA

Gainesville, Florida

Website

University of Florida - Online MBA Degree Programs
One-year and two-year tracks for the online MBA at University of Florida.

Graduate Tuition/Fees: $12,737

University of Florida’s MBA programs online are flexible and convenient for working students. One-year and two-year tracks are available, allowing students 16-month and 27-month completion options. The online MBA from UF is equivalent to any other MBA programs offered by the university. In fact, the curriculum mirrors the on-campus program. Admission is highly competitive, and the institution seeks the most qualified candidates. Applicants are required to have at least two years of significant, post-baccalaureate work experience prior to enrollment. Official GMAT scores are also required. University of Florida is ranked 50th among the best national universities in the country, according to U.S. News and World Report. Also, the online MBA programs are ranked #5 out of more than 1,200 surveyed programs.

#37 – University of Texas

Online Professional MBA (PMBA)

Dallas, Texas

Website

University of Texas - Online MBA Degree Programs
University of Texas offers a top ranked online MBA program for working students.

Graduate Tuition/Fees: $12,418

The AACSB-accredited online master’s in business administration degree from University of Texas is a professional MBA designed for business professionals who want to continue working while earning an advanced business degree. The flexible format allows students to work full time while taking classes on a part-time basis, normally two courses per semester (six credits). Admission requires competitive GMAT or GRE scores, although the requirement may be waived if the candidate has an undergraduate GPA of 3.60 or better. University of Texas is ranked by U.S. News and World Report as a top national university and top public school. Also, the online MBA programs are ranked #5 out of more than 1,200 surveyed programs.

#36 – University of Arizona

Online MBA

Tucson, Arizona

Website

University of Arizona - Online MBA Degree Programs
16- and 27-month completion tracks for the online MBA at University of Arizona.

Graduate Tuition/Fees: $12,383

University of Arizona’s online MBA programs are offered through the Eller School of Business and have six start dates throughout the year. There are also six concentrations offered that allow students to take specific electives that appeal to their career goals or personal interests. These concentrations include entrepreneurship, finance, health care, management and organizations, management information systems, and marketing. Depending on the student’s professional demands and personal commitments outside of class, the program may be completed in as little as 14 months. U.S. News and World Report ranks the institution as a top national university, and the online MBA programs are ranked #55 out of more than 1,200 surveyed programs.

#35 – Central Michigan University

Online Master of Business Administration

Mount Pleasant, Michigan

Website

Central Michigan University - Online MBA Degree Programs
Central Michigan University’s online MBA program is highly affordable.

Graduate Tuition/Fees: $12,232

Central Michigan University’s online business administration master’s degree is an AACSB-accredited program that offers the same content and coursework as the traditional classroom-based MBA. To be admitted to the online MBA program, acceptable GMAT scores and a strong undergraduate GPA are required. Once admitted, students may select an area of concentration, which must be approved by a graduate advisor. These concentrations may include accounting, business economics, finance, international business, or marketing. Central Michigan offers highly affordable in-state tuition and is a nationally ranked institution. Also, the online MBA programs are ranked by U.S. News and World Report as the 42nd best online MBA programs in the country.

#34 – University of Michigan

Online Master of Business Administration

Dearborn, Michigan

Website

University of Michigan - Online MBA Degree Programs
University of Michigan offers full-time and part-time online MBA degree options.

Graduate Tuition/Fees: $12,022

One of the most affordable online business administration master’s degree programs on our list is offered by University of Michigan. Full-time or part-time enrollment options are available, which allow students to complete the program in two years on average. Several concentrations are also offered so that students may tailor their degree toward specific areas of interest, including accounting, finance, international business, management information systems, marketing, and supply chain management. Each concentration requires the completion of nine credit hours (three courses). Admission requirements are standard and include submission of GMAT or GRE scores received within the last five years. According to U.S. News and World Report, University of Michigan’s online MBA programs are ranked #36 out of more than 1,200 surveyed programs.

#33 – Louisiana State University

Online Master’s in Business Administration

Baton Rouge, Louisiana

Website

Louisiana State University - Online MBA Degree Programs
Louisiana State University offers an online MBA that can be completed in just 18 months.

Graduate Tuition/Fees: $11,887

Louisiana State University’s MBA programs online can be completed in as little as 18 months. A total of 42 credit hours are required, which consists of approximately 14 courses, each running seven weeks in length. These online courses include financial management, managerial statistics, marketing management, and understanding financial information. Admission to the program requires three years of demonstrated professional experience and letters of recommendation. GMAT or GRE scores must be submitted if the candidate does not meet minimum work requirements. LSU is a top-ranked national institution. Also, U.S. News and World Report ranks the school as having the 47th best online MBA program in the country (out of more than 1,200 surveyed programs).

#32 – State University of New York

Online MBA

Oswego, New York

Website

SUNY Oswego - Online MBA Degree Programs
SUNY Oswego’s online MBA program is AACSB-accredited.

Graduate Tuition/Fees: $11,864

One of the top online MBA programs on our list is SUNY Owego’s online MBA. This AACSB-accredited program offers flexible curriculum, which includes an elective focus that acts like a concentration or specialization. Students are able to tailor their degree through choosing electives that best suit their career goals. Admission to the online program requires a minimum undergraduate GPA of 2.6 or better, GMAT scores of 500 or better, and two letters of recommendation. SUNY offers highly affordable tuition for in-state residents and is one of our top choices for an online MBA. The school is regionally ranked by U.S. News and World Report, and the online MBA programs are ranked #27 out of more than 1,200 surveyed programs.

#31 – University of North Carolina

Online Master’s in Business Administration

Chapel Hill, North Carolina

Website

University of North Carolina - Online MBA Degree Programs
UNC offers an online MBA that is highly affordable.

Graduate Tuition/Fees: $11,606

University of North Carolina offers an online master’s in business administration through the Kenan-Flagler Business School. The program mirrors that of the on-campus program with online courses taught by the same professors who instruct on campus. The program consists of 66 credits that may be completed in 18 to 36 months. Students work at their own pace and are able to work while attending online classes. The program is accredited by the top accrediting body and is ranked by major publications like U.S. News and World Report. In fact, the online MBA programs are ranked #4 out of more than 1,200 surveyed programs.

#30 – Florida State University

Online Master of Business Administration

Tallahassee, Florida

Website

Florida State University - Online MBA Degree Programs
Florida State University’s online master’s in business administration degree has part time options!

Graduate Tuition/Fees: $11,540

Florida State University offers one of the top and most affordable online MBA programs on our list. This fully online program offers part-time and full-time enrollment options and is customizable for students who want to tailor their degree toward career goals or specific areas of interest. Available specializations for online students include management information systems, real estate, and risk management. The GMAT is required for admission, and students should plan to take the examination at least one semester prior to applying. FSU is a top ranked public school and nationally ranked university. Also, U.S. News and World Report ranks the online MBA programs #16 out of more than 1,200 surveyed programs.

#29 – Arizona State University

Online MBA

Tempe, Arizona

Website

Arizona State University - Online MBA Degree Programs
Arizona State University’s online MBA is affordable and accredited.

Graduate Tuition/Fees: $11,506

The W.P Carey School of Business at Arizona State University offers accredited MBA programs online that are also affordable. This AACSB-accredited degree is offered as a part-time or full-time programs and can be completed entirely online. Admission is competitive at this top-ranked business school. Applicants must submit a strong undergraduate GPA, competitive GMAT scores, and provide satisfactory work experience. Two start dates are offered in January and August, and concurrent degree options are available. ASU is a top-ranked national university, according to major publications like U.S. News and World Report. Also, the online MBA programs have earned a top ranking. In fact, U.S. News ranks the online MBA from ASU as the 5th best program in the country.

#28 – Old Dominion University

Online Master’s in Business Administration

Norfolk, Virginia

Website

Old Dominion University - Online MBA Degree Programs
Old Dominion University’s online MBA is a top ranked and accredited program.

Graduate Tuition/Fees: $11,480

The online business administration master’s degree from Old Dominion University is an accelerated AACSB-accredited degree that can be completed entirely online. The program consists of 40-45 credit hours and add-on certificates that may meet elective requirements. Students taking courses in the add-on certificate may save time while satisfying the degree requirements and earning a certificate. The online MBA from Old Dominion is one of the few degree programs that does not require business prerequisites for admission. Also, the GMAT/GRE admission requirement may be waived depending on academic history and career experience. Old Dominion is a nationally ranked institution and top public school. Also, the online MBA programs are ranked #55 out of 1,200 by U.S. News and World Report.

#27 – Western Kentucky University

Online MBA

Bowling Green, Kentucky

Website

Western Kentucky University - Online MBA Degree Programs
Western Kentucky University’s online MBA program offers rolling admission.

Graduate Tuition/Fees: $11,400

Western Kentucky University is one of our top choices for online business administration master’s degree programs. Rolling admission and affordability make it a top program for students looking to earn a flexible and inexpensive MBA that is also accredited. Part-time and full-time enrollment options are available, and the degree can be completed in as little as 18 months or up to five years. Classes are delivered 100% online and are taught by the same professors who instruct on campus. Admission requires the GMAT but does not require an undergraduate business degree. The university is ranked by major publications like U.S. News and World Report as the 31st best regional university in the South and 10th top public school. Also, the online MBA is ranked #61 out of more than 1,200 surveyed programs.

#26 – Florida International University

Online Corporate MBA

Miami, Florida

Website

Florida International University - Online MBA Degree Programs
Florida International University has an online corporate MBA program.

Graduate Tuition/Fees: $11,097

One of the most affordable online MBA programs on our list is the corporate MBA from Florida International University. This professional program is designed for working individuals who want to earn an MBA degree that emphasizes leadership in business education. The university’s Chapman Graduate School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and has earned rankings and recognition from all major publications like the Financial Times and U.S. News and World Report. In fact, the most recent edition of Best Colleges ranks Florida International’s online MBA programs #42 out of more than 1,200 surveyed programs.

#25 – North Carolina State University

Professional Online MBA

Raleigh, North Carolina

Website

North Carolina State University - Online MBA Degree Programs
NC State University has a professional online MBA that takes 21-72 months to complete.

Graduate Tuition/Fees: $10,572

North Carolina State University has one of the top business schools in the country, offering an AACSB-accredited online business administration master’s degree designed for working professionals. This fully online degree program is designed to complete in 21-72 months. This wide range of time allows students to work at their own pace, scheduling the two required residencies at a time that is most convenient. Admission to the program is competitive, and the Jenkins School of Business values talent and strong academic potential. Students interested in applying to the program are encouraged to attend an MBA information session, which showcases how to navigate the admission process. NC State is a nationally ranked institution and best value school. Also, the online MBA program is ranked #18 out of more than 1,200 programs surveyed by U.S. News and World Report.

#24 – Kansas State University

Online MBA

Manhattan, Kansas

Website

Kansas State University - Online MBA Degree Programs
Kansas State University’s online MBA program is AACSB-accredited.

Graduate Tuition/Fees: $10,532

Kansas State University offers AACSB-accredited online MBA programs designed for working professionals who wish to earn an MBA in a non-traditional fashion. Kansas State’s College of Business Administration is among the less than five percent of schools worldwide to hold the prestigious AACSB accreditation, which means curriculum adheres to the standards of the premier accrediting body. All courses are delivered online and taught by the same professors who instruct on campus. These courses include corporate finance, economic analysis for business, and foundations of accounting and finance. Kansas State is ranked by major publications like U.S. News and World Report as a best national university, and the online MBA programs are ranked #71 out of more than 1,200 surveyed programs.

#23 – University of South Florida

Online MBA

St, Petersburg, Florida

Website

University of South Florida - Online MBA Degree Programs
University of South Florida’s online MBA programs are ranked in the top 10% of all business programs in the country.

Graduate Tuition/Fees: $10,226

University of South Florida’s online master’s business administration degree program is designed to prepare students for a lifetime of career opportunities, not just their next job. The program is ranked among the top 10% of nationally ranked business programs that are available online and is AACSB-accredited. Seven focus areas are available, and students are eligible to combine two tracks for more in-depth study. These focus areas include finance, forensic accounting, management, and marketing strategy. University of South Florida is ranked by U.S. News and World Report as the 83rd top public school in the nation. The online MBA programs and business programs are also ranked.

#22 – Indiana University

Online MBA

Bloomington, Indiana

Website

Indiana University - Online MBA Degree Programs
Indiana University’s online MBA has dual degree options.

Graduate Tuition/Fees: $9,996

The Kelley School of Business at Indiana University offers an online master’s business administration degree program that is both flexible and accredited. Students learn from the same highly ranked faculty that teach the on-campus full-time MBA program. All classes are delivered online and include financial management, operations management, strategic management and business planning, and strategic marketing management. Dual degree options are also available, and the online MBA may be tailored to meet career goals by choosing specific electives. Indiana University is ranked by U.S. News and World Report as the 86th best national university. Also, the online MBA programs are ranked #3 out of more than 1,200 surveyed programs.

#21 – University of Colorado

Online Master of Business Administration

Colorado Springs, Colorado

Website

University of Colorado - Online MBA Degree Programs
University of Colorado has an online MBA program designed for working professionals.

Graduate Tuition/Fees: $9,983

University of Colorado’s College of Business offers MBA programs online that can be completed in as little as 18 months or up to five years. The program is highly flexible and designed for working professionals who want to earn an advanced business degree online. All undergraduate majors are welcome, and the program is designed to meet the needs of students with little to no business background. Eight specialization options are available and allow students to customize their curriculum in areas like health care administration or project management. The program is AACSB-accredited and ranked by major publications like U.S. News and World Report. In fact, the online MBA programs are ranked #47 out of more than 1,200 programs surveyed by U.S. News.

#20 – University of Tennessee

Online MBA

Martin, Tennessee

Website

University of Tennessee - Online MBA Degree Programs
University of Tennessee has an AACSB-accredited MBA that is also highly affordable.

Graduate Tuition/Fees: $9,896

One of the top MBA programs online is offered by University of Tennessee. The online MBA is affordable, flexible, and conveniently designed for individuals with two or more years of post-baccalaureate work experience. The MBA program is accredited by AACSB International, and courses are taught by full-time faculty who routinely instruct on campus, not adjuncts. The program is designed to take 20 months to complete, but students are allowed to work at their own pace. Courses offered include business skills, corporate financial management, legal and ethical environment of business, and sales and marketing for banks. University of Tennessee is ranked by U.S. News and World Report as the 47th best regional university in the South and 16th top public school. Also, the online MBA programs are ranked #36 out of more than 1,200 surveyed programs.

#19 – Cleveland State University

Online MBA

Cleveland, Ohio

Website

Cleveland State University - Online MBA Degree Programs
Cleveland State University’s online MBA is a top ranked program.

Graduate Tuition/Fees: $9,679

Cleveland State University offers an accelerated online master’s in business administration degree program that is one of the first one-year MBAs that is also AACSB-accredited. Offered through the Monte Ahuja College of Business, the program is recognized by major publications like U.S. News and World Report. In fact, the online MBA programs at Cleveland State are ranked #47 (tied with University of Tennessee) out of more than 1,200 surveyed programs. Students are required to complete all of their course requirements online and in an accelerated format so that all program terms are met within one year. Admission is competitive and primarily based on the applicant’s GMAT or GRE scores and undergraduate GPA.

#18 – Ball State University

Online Master of Business Administration

Muncie, Indiana

Website

Ball State University - Online MBA Degree Programs
Ball State University offers an online MBA that is highly affordable.

Graduate Tuition/Fees: $9,048

Ball State University offers nationally recognized online MBA programs that are accredited by the premier business school accrediting body–the Association to Advance Collegiate Schools of Business (AACSB International). The program is flexible and cost-effective. Five optional concentrations allow students to concentrate on specific areas of business like entrepreneurship, finance, health economics, logistics and supply chain management, and sales management. Admission requires satisfactory GMAT or GRE scores, four letters of recommendation, and solid academic performance in undergraduate studies. U.S. News and World Report ranks the university as a top public school and national institution. Also, the online MBA programs are ranked #12 out of more than 1,200 surveyed programs.

#17 – University of Wisconsin

Online MBA

Eau Claire, Wisconsin

Website

University of Wisconsin - Online MBA Degree Programs
University of Wisconsin offers a cheap online MBA that has no campus visits.

Graduate Tuition/Fees: $8,911

University of Wisconsin offers an accredited and top-ranked online master’s of business administration degree that is designed for working individuals with the desire to earn an MBA entirely online. The online curriculum combines 17 credits of required courses with 13 credits of electives that allow students to tailor their degree toward career goals and interests. Coursework is 100% online, and there are no campus visits required. Classes are taught by PhD-qualified faculty who routinely instruct on campus. The institution is ranked among major publications like U.S. News and World Report as the 37th best regional university in the Midwest and the 5th top public school. Also, the online MBA programs are ranked #12 out of more than 1,200 surveyed programs.

#16 – University of Nebraska

Online MBA

Lincoln, Nebraska

Website

University of Nebraska - Online MBA Degree Programs
University of Nebraska’s online master’s in business administration demands top test scores and a solid GPA for admission.

Graduate Tuition/Fees: $8,810

University of Nebraska offers an online business administration master’s degree program that is both ranked by major publications like the Financial Times and U.S. News and World Report and ranked by the premier accrediting body. Admission to the competitive MBA program requires a bachelor’s degree with a minimum 3.0 GPA requirement, a strong GMAT score of 600 or higher (recommended), and three references. Also, applicants must have completed a college level calculus and statistics class to be eligible for admission. University of Nebraska is ranked as the 111th best national university and 51st top public school in the country according to U.S. News and World Report. Also, the online MBA programs are ranked #21 out of more than 1,200 surveyed programs.

#15 – Georgia Southern University

Online Master’s in Business Administration

Statesboro, Georgia

Website

Georgia Southern University - Online MBA Degree Programs
Georgia Southern University offers an online MBA that is AACSB-accredited.

Graduate Tuition/Fees: $8,728

The online business administration master’s degree program at Georgia Southern University offers low program tuition — well below the national average — and is AACSB-accredited. The program is designed to complete in just 21 months with classes moving at an accelerated pace. Classes are taught by full-time graduate professors with experience teaching on campus. While courses are delivered entirely online, a two-day orientation in Atlanta is required. Admission requirements include transcripts and GMAT test scores along with the complete online application. Georgia Southern is ranked by major publications like U.S. News and World Report as a top national university. Also, the school’s online MBA programs are ranked #36 out of more than 1,200 programs surveyed by U.S. News.

#14 – University of Louisiana

Online Master of Business Administration

Monroe, Louisiana

Website

University of Louisiana - Online MBA Degree Programs
University of Louisiana’s online MBA is highly affordable.

Graduate Tuition/Fees: $8,662

University of Louisiana’s MBA programs online are AACSB-accredited and ranked by major publications like U.S. News and World Report. In fact, U.S. News ranks the online MBA programs #59 out of more than 1,200 surveyed programs. Admission is competitive, and applicants must meet all of the general requirements, including satisfactory GRE or GMAT scores and a cumulative undergraduate GPA of at least 3.2. All courses are delivered online and taught by university professors. In fact, the online program mirrors the on-campus MBA and includes courses like accounting analysis and decision making, economic environment, financial analysis, marketing strategy, organizational theory and behavior, and strategic management.

#13 – University of North Dakota

Online MBA

Grand Forks, North Dakota

Website

University of North Dakota - Online MBA Degree Programs
University of North Dakota’s online MBA is AACSB-accredited.

Graduate Tuition/Fees: $8,643

One of the most affordable MBA programs online on our list is offered by University of North Dakota. This AACSB-accredited program features online curriculum that is designed to cover the four main learning modules of business: business analytics, executive management, financial and economic analysis, and strategy. Online classes usually occur in “real” time, as they are live classes, but to accommodate working professionals, nearly all MBA courses are delivered in the evening. Admission requirements include a four-year bachelor’s from a recognized college or university, an overall undergraduate GPA of at least 3.0, and competitive GRE or GMAT scores. University of North Dakota is ranked by U.S. News and World Report as a top national university and public school. Also, the online MBA programs are ranked #29 out of more than 1,200 programs surveyed by U.S. News.

#12 – University of South Dakota

Online Master of Business Administration

Vermillion, South Dakota

Website

University of South Dakota - Online MBA Degree Programs
University of South Dakota offers a top ranked online MBA degree.

Graduate Tuition/Fees: $8,558

The online master’s of business administration degree program at University of South Dakota is accredited by the prestigious AACSB International and recognized as a top-ranked program. The degree is designed to be tailored toward career goals and interests, which is why several specialization options are offered. These specializations include business analytics, health services administration, marketing, and operations and supply chain management. Admission to the program can be competitive, but GMAT waivers are offered to students with cumulative undergraduate GPAs of 3.25 or better. Major publications like U.S. News and World Report rank the school as a top national university. Also, the online MBA programs are ranked #29 out of more than 1,200 surveyed programs.

#11 – Southern Utah University

Online Master of Business Administration

Cedar City, Utah

Website

Southern Utah University - Online MBA Degree Programs
Southern Utah University’s online MBA program has small class sizes.

Graduate Tuition/Fees: $8,036

Southern Utah University offers MBA programs online that have received continuous accreditation by AACSB International. The purpose of the online MBA is to develop leaders for business in a flexible and convenient distance-learning format. The program offers small class sizes and highly qualified faculty with experience both professionally and academically. Electives allow students to tailor their degree toward specific career goals or personal interests. The program is highly affordable and ranked by major publications like U.S. News and World Report. In fact, the most recent edition of Best Colleges ranks the school’s online MBA as the 59th best program out of over 1,200 surveyed.

#10 – Mississippi State University

Online MBA

Mississippi State, Mississippi

Website

Mississippi State University - Online MBA Degree Programs
Mississippi State University’s online MBA programs are top ranked.

Graduate Tuition/Fees: $7,780

The College of Business at Mississippi State University offers an online master’s in business administration degree program that is AACSB-accredited and ranked by major publications like U.S. News and World Report. This 30-credit hour program offers students affordable classes that can be taken entirely online. Courses include corporate finance, economics for managers, financial and accounting report analysis, management information technology and systems, and strategic business consulting. Admission is competitive and requires a strong undergraduate GPA and GMAT or GRE test scores, along with a bachelor’s degree from an accredited institution. Mississippi State University is ranked by U.S. News and World Report as a top national university and public school. Also, the online MBA programs are ranked #18 out of more than 1,200 surveyed programs.

#9 – University of Mississippi

Online MBA

University, Mississippi

Website

University of Mississippi - Online MBA Degree Programs
University of Mississippi’s online MBA program is 100% online.

Graduate Tuition/Fees: $7,744

The University of Mississippi (Ole Miss) offers an AACSB-accredited online business administration master’s degree that can be completed in just two years and is 100% online. In four semesters and two summer sessions, students may earn an MBA online from Ole Miss. A work-at-your-own-pace program, classes are delivered entirely online and can be taken quickly or slowly. This flexible schedule allows students to accelerate their studies or slow down and take up to six years to complete the degree. Admission requires official GMAT or GRE scores, no older than five years, and two letters of recommendation. Ole Miss is ranked by major publications like U.S. News and World Report as a top national university and public institution. Also, the online MBA programs are ranked #21 out of more than 1,200 programs surveyed by U.S. News.

#8 – Oklahoma State University

Online Master of Business Administration

Stillwater, Oklahoma

Website

Oklahoma State University - Online MBA Degree Programs
Oklahoma State University offers an online MBA for working students.

Graduate Tuition/Fees: $7,735

Oklahoma State University’s online master’s in business administration program offers full-time and part-time completion options for students with professional obligations that make face-to-face classroom work impossible. The program is self-paced and allows students to take a limited number of courses each semester. Admission to the program can be competitive and requires an earned four-year undergraduate degree from an accredited college or university and a competitive GMAT score and GPA. Oklahoma State is ranked by U.S. News and World Report as a top nationally ranked institution. Also, the online MBA programs have earned a ranking of #29 out of more than 1,200 surveyed programs.

#7 – Columbus State University

Online Master of Business Administration

Columbus, Georgia

Website

Columbus State University - Online MBA Degree Programs
Columbus State University has a 100% online MBA that’s highly affordable.

Graduate Tuition/Fees: $7,556

Columbus State University’s online master’s in business administration degree program is AACSB-accredited and offered through the Turner College of Business. This 30-credit hour program requires students to complete a total of ten graduate courses that are delivered 100% online. Courses cover areas of study like global business, human behavior, management information systems, management organizations, and operations. Admission requires an earned baccalaureate degree from an accredited college or university and competitive test scores on the GMAT. Columbus State is ranked by major publications as the 105th best regional university in the South and the 46th top public school. Also, the online MBA programs are ranked #33 out of more than 1,200 surveyed programs.

#6 – University of Utah

Online MBA

Salt Lake City, Utah

Website

University of Utah - Online MBA Degree Programs
The online MBA program at University of Utah requires an earned bachelor’s and GMAT test scores.

Graduate Tuition/Fees: $7,527

The David Eccless School of Business at University of Utah offers a flexible online master’s in business degree with classes taught by the same professors who instruct on campus. Courses are held in five and ten week blocks with on-demand learning and weekly live webinars. Degree customization is available with elective options. Students are able to tailor their degree by choosing specific electives that will benefit their career goals and personal interests. Admission to the MBA program is competitive and requires an earned bachelor’s degree and GMAT test scores. The most recent average GMAT score was 560. University of Utah is ranked by major publications like the Princeton Review and U.S. News and World Report as a top national university. Also, the online MBA programs are ranked #42 out of more than 1,200 programs surveyed by U.S. News.

#5 – Georgia College & State University

Online MBA

Milledgeville, Georgia

Website

Georgia College and State University - Online MBA Degree Programs
Georgia College and State University offers an affordable option for an online MBA.

Graduate Tuition/Fees: $7,209

One of the most affordable MBA programs online on our list is the AACSB-accredited program at Georgia College & State University. Courses are asynchronous, which means no face-to-face or online class meetings are required. These courses include business strategy, global and international business, managerial finance, and productions and operations management. Admission to the program is heavily weighted on the applicant’s performance on the GRE or GMAT and undergraduate work. The school is ranked by major publications like U.S. News and World Report as the 28th best regional university in the South and the 9th top public school. Also, the online MBA programs are ranked #33 out of more than 1,200 surveyed programs.

#4 – University of North Texas

Online MBA

Denton, Texas

Website

University of North Texas - Online MBA Degree Programs
University of North Texas has an online MBA that can be completed in just 14 months.

Graduate Tuition/Fees: $7,183

The online master’s business administration degree from University of North Texas is designed to be completed in as little as 14 months. The program offers two areas of specialization designed so students can tailor their degree toward highly specific areas of interest. These specializations include organizational behavior and human resource management and strategic management. The program is AACSB-accredited and provides students with five available start dates throughout the year. Admission requires an official transcript and undergraduate work that warranted at least a 3.0 GPA. GMAT scores are also required. University of North Texas is a nationally ranked institution by U.S. News and World Report. In fact, U.S. News ranks the online MBA programs #55 out of more than 1,200 surveyed programs.

#3 – Kennesaw State University

Online Master’s in Business Administration

Kennesaw, Georgia

Website

Kennesaw State University - Online MBA Degree Programs
Kennesaw State University’s online MBA is AACSB-accredited.

Graduate Tuition/Fees: $6,740

The Coles College of Business at Kennesaw State University offers one of the most affordable MBA programs online on our list. This program is AACSB-accredited and consistently ranked with major publications like U.S. News and World Report. In fact, the online MBA programs are ranked #21 out of more than 1,200 programs surveyed by U.S. News. Classes are delivered online and taught by instructors with graduate faculty status. All courses for the online MBA mirror the same learning objectives as equivalent in-classroom courses. The program is designed to take approximately 20 months to complete; however, students may work at their own pace. MBA candidates do not need an undergraduate degree to apply, but those with an earned bachelor’s must have attended an accredited college or university. GMAT scores, official transcripts, and a resume are also required for admission.

#2 – Arkansas State University

Online Master of Business Administration

Jonesboro, Arkansas

Website

Arkansas State University - Online MBA Degree Programs
Arkansas State University’s online MBA is highly affordable.

Graduate Tuition/Fees: $5,918

Fewer than 20% of business schools in the country have received the AACSB International accreditation like Arkansas State University’s online MBA programs. This flexible online MBA is designed for professionals from varied academic backgrounds who wish to earn an online MBA. While electives may be chosen to help tailor the degree to meet career goals and interests, the program does offer one concentration in supply chain management. Admission is competitive and requires official transcripts from all schools attended and competitive graduate test scores like the GMAT or GRE. Arkansas State is ranked by U.S. News and World Report as a best regional university in the South and top public school. Also, the online MBA programs are ranked #10 out of more than 1,200 surveyed programs.

#1 – University of Nevada

Online Executive MBA

Reno, Nevada

Website

University of Nevada - Online MBA Degree Programs
University of Nevada offers the #1 most affordable online MBA program on our list.

Graduate Tuition/Fees: $5,287

University of Nevada offers the most affordable of the online MBA programs on our list. The executive MBA is an online, 12-course program offered as a two-year cohort that begins annually in the fall and includes the summer. All coursework is completed online, and each class runs for twelve weeks. Online courses include economics of the firm, financial management, financial reporting and analysis, and statistics for decision making. Admission requires the GMAT or GRE, and this requirement cannot be waived based on years of experience. The MBA program is ranked and accredited at the highest level of accreditation by the Association to Advance Collegiate Schools of Business (AACSB) International. U.S. News and World Report ranks the online MBA programs #36 out of more than 1,200 surveyed programs.

By BCO Staff
July 2017

This concludes our list of the top 50 most affordable online MBA degree programs for 2017.