online emba

In this article, we profile the top 50 most affordable online executive MBA programs.

Overall employment of top executives is projected to increase four percent through 2029, as reported by the Bureau of Labor Statistics (BLS). Employment growth will vary by industry, but the increase should rise slightly faster than all other occupations. To secure a job as an executive, education and experience are necessary. Colleges and universities now offer online executive MBA programs that allow students to work and gain valuable experience while earning an online EMBA.

Top 50 Most Affordable Online Executive MBA Programs Methodology

We looked at 216 colleges and universities listed by the National Center for Educational Statistics (NCES) College Navigator that offered executive MBA online degree programs. We narrowed our original pool of schools by applying the following criteria: national or regional accreditation, at least one ranking with a major publication like U.S. News and World Report, and graduate tuition/fees less than $23,500. We then listed the top 50 programs according to raw affordability.

Below is our list of the top 50 most affordable online executive MBA degree programs of 2021.

#50 – New Jersey Institute of Technology

Online Executive MBA

Newark, New Jersey

Website

New Jersey Institute of Technology - Top 50 Most Affordable Executive MBA Online Programs
The executive MBA online at New Jersey Institute of Technology blends innovative technology and strategic management.

Graduate Tuition/Fees: $23,828

Administered through the Martin Tuchman School of Management, the executive MBA online at New Jersey Institute of Technology blends innovative technology with strategic management. The program blends in-person and online learning using a cohort model. The culmination of the program is a 9-day international study tour with classmates and professors. Accredited by the Association to Advance Collegiate Schools of Business, the program has been training business professionals for more than 30 years. Graduates have gone on to top positions in firms across the globe. New Jersey Institute of Technology is ranked in multiple U.S. News and World Report categories including #54 in top public schools.

#49 – Duquesne University

Online Professional MBA

Pittsburgh, Pennsylvania

Website

Duquesne University - Top 50 Most Affordable Executive MBA Online Programs
Earn an online professional MBA at Duquesne University.

Graduate Tuition/Fees: $23,580

Individuals seeking an online professional MBA may be interested in the STEM-oriented professional MBA from Duquesne University that trains graduates in technical skills needed to thrive in today’s data-driven, global environment. The program is designated for working professionals and gives them the option to complete the program in a hybrid or completely online format. For an additional 10.5 credits, students can add an analytics and information management or supply chain management certificate. Admission requirements include transcripts, test scores (waivers available), three recommendations, an essay, and resume. Duquesne ranks #51 in best value schools and #80 in best online graduate business programs by U.S. News and World Report.

#48 – Marquette University

Online Executive MBA

Milwaukee, Wisconsin

Website

Marquette University - Top 50 Most Affordable Executive MBA Online Programs
Finish the online EMBA at Marquette University in just 17 months.

Graduate Tuition/Fees: $21,060

Marquette University offers an executive MBA online for working professionals that can be completed in just 17 months. The program uses a hybrid model with class meetings every other Saturday, along with an international trip to China. All other components of the program are delivered online. Courses include accounting for managerial decisions, corporate social responsibility and applied ethics, and leading people and change in organizations. Applications are evaluated throughout the year with acceptance decisions occurring quickly until the class is filled. Applicants should have a bachelor’s degree with at least five years of managerial experience. Marquette ranks #88 in national universities by U.S. News and World Report.

#47 – Quinnipiac University

Online Professional MBA

Hamden, Connecticut

Website

Quinnipiac University - Top 50 Most Affordable Executive MBA Online Programs
Offering an online professional MBA for working professionals! Quinnipiac University.

Graduate Tuition/Fees: $19,730

The Quinnipiac School of Business offers an online professional MBA for working professionals that can be completed in less than two years attending part-time. Admission requirements include three references, resume, personal statement, and transcripts. GRE and GMAT waivers are available for those with five years of post bachelor’s professional experience showing increasing responsibilities or those with a master’s/JD degree. Courses include data mining, financial decision-making, leading organizational change, and project management. The program is accredited by the Association to Advance Collegiate Schools of Business and is ranked as the number one MBA program in Connecticut by U.S. News and World Report.

#46 – University of Virginia

Online Executive MBA

Charlottesville, Virginia

Website

University of Virginia - Top 50 Most Affordable Executive MBA Online Programs
Ranked and accredited! University of Virginia’s online EMBA.

Graduate Tuition/Fees: $19,628

Administered by the world-class Darden School of Business, the University of Virginia offers an online executive MBA that is second to none. The program uses a hybrid model to deliver courses and programming. The program’s base is the DC Metro area located near Reagan National Airport. All students engage in one international experience in countries such as Argentina, Germany, Japan, Ghana, Israel, and more. Admission requires transcripts, test scores, resume, and short answer essays. Test score waivers are administered on a case-by-case basis. The University of Virginia ranks in several U.S. News and World Report categories including #4 in top public schools and #7 in business programs.

#45 – Loyola University

Online Executive MBA

Chicago, Illinois

Website

Loyola University - Top 50 Most Affordable Executive MBA Online Programs
20 months to finish the executive MBA online program at Loyola!

Graduate Tuition/Fees: $19,498

Loyola University of Chicago ranks #45 on our list of online EMBA programs based on its quality curriculum and affordable tuition. The program is housed in the Quinlan School of Business and blends in-person meetings with online instruction. The program also features an international experience. Students can graduate in just 20 months. In addition to core classes, students can choose from specialty tracks in business analytics, human resource management, international business, leadership, and management. In-person classes are held in downtown Chicago, two blocks from the Magnificent Mile. Loyola University of Chicago ranks #112 in national universities by U.S. News and World Report.

#44 – Michigan State University

Online Executive MBA

East Lansing, Michigan

Website

Michigan State University - Top 50 Most Affordable Executive MBA Online Programs
Michigan State University’s online EMBA offers two hybrid completion pathways.

Graduate Tuition/Fees: $18,858

Housed within the Eli Broad College of Business, the Michigan State University online executive MBA offers two hybrid formats for its 20-month executive MBA. Students can choose from traditional bi-weekly classes or a flex option in-person classes just once per month. The program focuses on essential and high-level business skills along with leadership, all within a team environment. Along with individual learning, students engage in several team-based experiences that provide leadership development and collaboration. Candidates are required to have a bachelor’s degree to apply. No test scores are required. Michigan State University is ranked in 25 U.S. News and World Report categories including #32 in top public schools.

#43 – Creighton University

Online Executive MBA

Omaha, Nebraska

Website

Creighton University - Top 50 Most Affordable Executive MBA Online Programs
Affordability and prestige! Creighton University’s online EMBA.

Graduate Tuition/Fees: $17,898

Ranking #43 on our list of online EMBA programs, the Creighton program is specifically for healthcare workers seeking to build their leadership skills in preparation for top management positions. Candidates should possess a bachelor’s or terminal degree with a minimum 3.0 GPA. In addition, applicants must have at least five years of management experience or clinical practice in a healthcare setting. No test scores are required although applicants can submit scores as part of their package. Courses within the 45-credit program include business and leadership courses such as executive leadership and organizational behavior, legal and ethical considerations in healthcare management, and quality and performance improvement in healthcare. U.S. News and World Report ranks Creighton #112 in national universities.

#42 – Saint Joseph’s University

Online Executive MBA

Philadelphia, Pennsylvania

Website

Saint Joseph's University - Top 50 Most Affordable Executive MBA Online Programs
Saint Joseph’s University’s executive MBA online program is designed for working students.

Graduate Tuition/Fees: $17,334

Saint Joseph’s University’s executive MBA online program is designated for existing professionals seeking to develop their management and strategy skills that align with top business positions across a variety of contexts. The program offers a 20-month track or a 12-month accelerated option. The program is managed by the Haub School of Business and features an international experience exposing students to the cultural, managerial, and political influences that drive global business. Applicants must possess at least five years of professional experience with a track record of increasing responsibilities and high performance. Saint Joseph’s ranks #8 in top regional universities North by U.S. News and World Report.

#41 – University of Hawaii

Online Executive MBA

Honolulu, Hawaii

Website

University of Hawaii - Top 50 Most Affordable Executive MBA Online Programs
Ranked by U.S. News! University of Hawaii – a top school for an online EMBA.

Graduate Tuition/Fees: $16,814

The Shidler College of Business at the University of Hawaii offers an online executive MBA with two tracks in health care or travel industry management. The program uses a cohort model where students navigate the program together in a lock step sequence. In addition to twice weekly in-person courses, students also participate in a five-day intensive residential experience. Application requirements include 3.0 GPA, test scores (GMAT/GRE/EA), resume, personal statement, and two letters of recommendation. Applications are evaluated holistically. Core classes include accounting for decision-making, data analytics and statistics for business, and micro- and macro-economic foundations for managers. The University of Hawaii is ranked #170 in national universities by U.S. News and World Report.

#40 – University of Toledo

Online Executive MBA

Toledo, Ohio

Website

University of Toledo - Top 50 Most Affordable Executive MBA Online Programs
12-month executive MBA online! University of Toledo.

Graduate Tuition/Fees: $15,809

Landing at #40 on our list of most affordable online EMBA programs, the University of Toledo offers a rapid-paced 12-month program through its College of Business and Innovation. The hybrid model requires students to meet for in-person classes on Fridays and Saturdays one weekend per month augmented by online instruction. The program welcomes people with a bachelor’s degree in any discipline with a minimum of three to five years of experience in business with management responsibilities. Test scores are not required for executive programs. The University of Toledo ranks #298 in national universities and #154 in top public schools according to U.S. News and World Report.

#39 – The University of Texas at Dallas

Online Executive MBA

Richardson, Texas

Website

The University of Texas at Dallas - Top 50 Most Affordable Executive MBA Online Programs
Ranked and accredited! UT Dallas offers affordable online EMBA programs.

Graduate Tuition/Fees: $13,874

Through its Naveen Jindal School of Management, the University of Texas at Dallas offers one of the top ranked executive MBA online programs in the country based on its affordable tuition and flexible course scheduling. The cohort model features Saturday-only classes augmented with online coursework that provides busy working professionals with the flexibility they need and rigor they demand. Core classes include, but are not limited to, business economics, managing information technology in the analytics age, organizational behavior, and statistics and data analytics. UT Dallas is ranked in nine U.S. News and World Report categories including #68 in social mobility and #65 in top public schools.

#38 – University of Kentucky

Online Professional MBA

Lexington, Kentucky

Website

University of Kentucky - Top 50 Most Affordable Executive MBA Online Programs
Earn a professional MBA online at University of Kentucky!

Graduate Tuition/Fees: $13,404

Through its Gatton College of Business and Economics, the University of Kentucky offers an online professional MBA offered in 20- and 32-month iterations. The new real-time online model allows students to attend traditional, live classes from any computer with an internet connection. In addition to the course curriculum, students can earn add-on certificates in Project Management, Lean Six Sigma, or Entrepreneurship and Innovation. Admission requirements include test scores, transcripts, bachelor’s degree, personal statement, resume, and one letter of recommendation. GMAT/GRE waivers are available for those who qualify. Kentucky ranks #133 in national universities according to U.S. News and World Report.

#37 – The University of Tennessee

Online Professional MBA

Knoxville, Tennessee

Website

The University of Tennessee - Top 50 Most Affordable Executive MBA Online Programs
University of Tennessee Knoxville offers an online professional MBA designed for busy, working students

Graduate Tuition/Fees: $13,380

The Haslam College of Business at the University of Tennessee Knoxville offers an online professional MBA designed for busy working professionals seeking a graduate degree leading to increased career opportunities. The admission process requires students to have an accredited degree with a 2.7 GPA and at least five years of professional work experience with significant work accolades. Test scores are required with waivers for those who qualify. The coursework uses an integrated approach and teaches students advanced concepts in accounting, economics, finance, leadership, and more. The program takes 16 months to complete. The University of Tennessee Knoxville ranks #161 in top public schools by U.S. News and World Report.

#36 – University of Arizona

Online Executive MBA

Tucson, Arizona

Website

University of Arizona - Top 50 Most Affordable Executive MBA Online Programs
University of Arizona offers an EMBA online degree that’s affordable and accredited.

Graduate Tuition/Fees: $13,271

The Eller College of Management at the University of Arizona offers an EMBA online degree featuring two-day on-campus courses per month along with online classes. The program is reserved for those with a minimum of seven years of post-bachelor degree experience. Applicants with fewer years may be considered if they show considerable talent and leadership potential with tangible evidence. Courses include applied business statistics, communication for managers, economics for managers, and leadership in organizations. As the flagship institution in Arizona, the university ranks in 13 U.S. News and World Report categories including #40 in top public schools and #121 in best value schools.

#35 – Washington State University

Online Executive MBA

Pullman, Washington

Website

Washington State University - Top 50 Most Affordable Executive MBA Online Programs
WSU’s executive MBA online program is 100% online!

Graduate Tuition/Fees: $13,095

Washington State University offers an executive MBA online for individuals who have established themselves as managers and are seeking advanced training for top positions. The program is 100% online with options for an international experience and a leadership conference. Students can meet all program requirements without partaking in these two optional activities. If accepted, students can graduate in as little as 16 months. Applicants are required to have a bachelor’s degree and management experience. No test scores are required to apply and be admitted. Washington State University’s online MBA program ranks #20 in the entire nation according to U.S. News and World Report.

#34 – Indiana University of Pennsylvania

Online Executive MBA

Indiana, Pennsylvania

Website

Indiana University of Pennsylvania - Top 50 Most Affordable Executive MBA Online Programs
Indiana University of Pennsylvania – a top school for an online EMBA.

Graduate Tuition/Fees: $12,744

Indiana University of Pennsylvania offers an online executive MBA through its Eberly College of Business, which features a hybrid model that blends online and in-person learning for a convenient yet challenging experience. In addition, the program provides excellent networking and teamwork experiences through its cohort-based model where applicants navigate the entire program with the same group of students. Students of the program are actively recruited by some of the top employers in the region and world including BNY Mellon, IBM, Ernst & Young, Deloitte & Touche, and more. Indiana University of Pennsylvania is ranked in multiple categories by U.S. News and World Report including #144 in top public schools.

#33 – University of North Carolina at Chapel Hill

Online Executive MBA

Chapel Hill, North Carolina

Website

University of North Carolina at Chapel Hill - Top 50 Most Affordable Executive MBA Online Programs
UNC Chapel Hill ranks among the top schools for executive MBA online programs.

Graduate Tuition/Fees: $12,522

The University of North Carolina at Chapel Hill ranks as one of the most affordable online EMBA programs in the country. The program is widely considered as the top academic program in the country by several publications and peer institutions. Applicants must possess a bachelor’s degree and a minimum of two years of professional experience. Those with five or more years of post-bachelor degree work experience are granted a test score waiver. The program length ranges from 18-36 months. Students can choose from concentrations in data analytics and decision-making, entrepreneurship, finance, marketing, or strategy and consulting. The University of North Carolina ranks #1 in best online MBA programs by U.S. News and World Report.

#32 – James Madison University

Online Executive MBA

Harrisonburg, Virginia

Website

James Madison University - Top 50 Most Affordable Executive MBA Online Programs
Ranked and accredited! James Madison’s EMBA online program.

Graduate Tuition/Fees: $11,976

James Madison University offers an executive MBA online for individuals with mid-management experience and at least two years of professional work history. Admission requirements include GMAT score, bachelor’s degree from an accredited institution, resume, and two letters of recommendation. A bachelor’s degree in business is not required. Ideal candidates possess a minimum GPA of 3.0 and GMAT scores of at least 530. Students with non-business bachelor degrees are required to take undergraduate courses in accounting, economics, and statistics. James Madison is a highly respected institution in the region and ranks #3 in regional universities South and #26 in top online MBA programs.

#31 – Ottawa University

Online Executive MBA

Ottawa, Kansas

Website

Ottawa University - Top 50 Most Affordable Executive MBA Online Programs
Ranked by U.S. News! Ottawa University – a top choice for an online EMBA.

Graduate Tuition/Fees: $11,770

Working professionals seeking an EMBA online degree may find the Ottawa University program a good fit due to its challenging coursework and flexible course delivery. The program offers a hybrid model that requires students to be on campus one weekend every eight weeks. The 42-hour program offers four concentrations including business data analytics, health care management, information technology, and operational effectiveness. Courses may include managerial economics, organizational behavior and theory, and value systems and professional ethics. The program is designed for mid-level and senior-level executives. The typical candidate has a minimum of ten years of experience. Ottawa University ranks #49 in regional universities Midwest by U.S. News and World Report.

#30 – Kent State University

Online Executive MBA

Kent, Ohio

Website

Kent State University - Top 50 Most Affordable Executive MBA Online Programs
An online executive MBA in just 19 months! Kent State University.

Graduate Tuition/Fees: $11,766

Kent State University offers an online executive MBA accredited by the Association to Advance Collegiate Schools of Business that can be completed in just 19 months. The hybrid format requires in-person classes just once per month, with the rest of the curriculum online. The program requires seven years of professional experience and has a streamlined admission process where test score waivers are typically given so applicants can save time and money on test preparation. Applicants with non-business bachelor degrees are encouraged to apply and may need to take prerequisite courses. Kent State is ranked #217 in national universities by U.S. News and World Report.

#29 – North Carolina State University

Online Professional MBA

Raleigh, North Carolina

Website

North Carolina State University - Top 50 Most Affordable Executive MBA Online Programs
NC State’s online EMBA is top-ranked and affordable.

Graduate Tuition/Fees: $11,673

North Carolina State University offers an online professional MBA through it Jenkins School of Business that can be completed in a hybrid format or entirely online in as few as 21 months. The program evaluates applicants on a holistic basis by looking at more than just test scores and GPAs. Candidates must submit a resume, personal statement, essays, and two recommendations. Some candidates may be invited to participate in an admission interview. Course requirements include critical thinking for managers, data driven managerial decisions, financial management of courses, and operations and supply chain management. NC State is ranked #16 in best online MBA programs by U.S. News and World Report.

#28 – Faulkner University

Online Executive MBA

Montgomery, Alabama

Website

Faulkner University - Top 50 Most Affordable Executive MBA Online Programs
Affordability! Faulkner’s online executive MBA!

Graduate Tuition/Fees: $11,530

Faulkner University, a private Christian liberal arts institution, offers an affordable and accelerated online executive MBA that can be completed in just one year. The program consists of ten five-week courses that can be taken one at a time. Application requirements include a regionally accredited bachelor’s degree, 2.5 GPA, and a resume detailing education and work experience. The program specializes in the importance of ethics in business and blends a corporate ethos within a Christian foundation. Classes may include international management perspectives, management information systems, legal environment in business, and strategic management. Faulkner ranks #103 in regional universities South by U.S. News and World Report.

#27 – Auburn University

Online Executive MBA

Auburn, Alabama

Website

Auburn University - Top 50 Most Affordable Executive MBA Online Programs
Auburn University – a top choice for an online EMBA.

Graduate Tuition/Fees: $11,504

Auburn University offers a top-rated EMBA online degree that combines online classes, short on-campus residencies, and an international experience. The comprehensive program structure means graduates leave the program with a deep sense of their leadership capacity combined with strong business and analytical skills. Applicants must have a minimum of eight years of professional business experience. In addition to core classes, students can specialize in their second year by taking classes in cybersecurity management, healthcare, leadership, and operations. Auburn University is ranked in 13 U.S. News and World Report categories including #35 in most innovative schools and #20 in best online MBA programs.

#26 – Friends University

Online Professional MBA

Wichita, Kansas

Website

Friends University - Top 50 Most Affordable Executive MBA Online Programs
Friends University offers an online professional MBA.

Graduate Tuition/Fees: $11,358

Friends University offers an online professional MBA for working professionals seeking the convenience of distance education courses and the rigor of an accredited graduate business degree. Students can choose from seven in-demand concentrations including, but not limited to, accounting, change management, finance, human resources, project management, and supply chain management. Moreover, once matriculated into the program, students begin working on their career plan, which defines their career trajectory during and after the program. The entire program can be completed online in just a period of 15 months. Friends University is ranked #187 in best online MBA programs by U.S. News and World Report.

#25 – Tennessee State University

Online Executive MBA

Nashville, Tennessee

Website

Tennessee State University - Top 50 Most Affordable Executive MBA Online Programs
Only 12 months for the EMBA online degree at Tennessee State University.

Graduate Tuition/Fees: $11,286

Landing at #25 on our list of most affordable online executive MBA programs, Tennessee State University’s program can be completed in just 12 months and operates using a hybrid model that mixes convenient in-person classes with online coursework. Students navigate the program in a single cohort that develops close community and networking among peers and professors. The highlight of the program is a 10-day international residency that broadens business and leadership understanding within a global context. Courses are taken in a specific sequence and include accounting and business decisions, behavior in organizations, legal issues in management, and management and evaluation of information systems. Tennessee State ranks #298 in national universities by U.S. News and World Report.

#24 – Kansas State University

Online Professional MBA

Manhattan, Kansas

Website

Kansas State University - Top 50 Most Affordable Executive MBA Online Programs
Affordable online professional MBA – Kansas State University.

Graduate Tuition/Fees: $11,277

Kansas State University offers an online professional MBA that ranks as one of the top in the nation. The program courses are taught by the same faculty members that teach the on-campus MBA. The 36-credit program requires applicants to have an undergraduate business degree or have successfully passed two undergraduate economics courses, two undergraduate statistics courses, and business calculus. Students who qualify may have the degree reduced to 30 credits. In addition to online classes, students have the opportunity to take a faculty-led international trip. Kansas State University ranks #170 in national universities and #35 in best online MBA programs by U.S. News and World Report.

#23 – Florida International University

Online Executive MBA

Miami, Florida

Website

Florida International University - Top 50 Most Affordable Executive MBA Online Programs
FIU’s online EMBA takes 16 months to complete.

Graduate Tuition/Fees: $11,106

Florida International University offers one of the top online EMBA programs featuring affordable tuition and flexible coursework. The 16-month program is designed for experienced decision-makers ready to take the next step in their careers. Five years of management experience is required. Classes are held three Saturdays per month and focus on themes such as big data analytics, critical and integrative thinking, and personal and organizational leadership. The program is accredited by the Association to Advance Collegiate Schools of Business and has garnered a strong reputation among its academic peers and supporting business partners. FIU ranks #59 in top online MBA programs and #14 in best online master’s in business programs by U.S. News and World Report.

#22 – Bethel University

Online Executive MBA

McKenzie, Tennessee

Website

Bethel University - Top 50 Most Affordable Executive MBA Online Programs
100% online EMBA! Bethel University.

Graduate Tuition/Fees: $11,034

Bethel University’s EMBA online degree features a 21-month course structure that focuses on developing experienced decision-makers into top executives able to lead at the highest level through critical thinking, strategic decision-making, and ethical processes. Classes are writing-based and may be taken one at a time or concurrently, depending on the student’s schedule. The 36-credit program features courses such as business ethics, managerial accounting, marketing management, and strategy and managerial decision-making. No GRE or GMAT test scores are required to apply. Applicants must possess an accredited bachelor’s degree. Bethel University ranks #196 in national universities by U.S. News and World Report.

#21 – The University of Alabama

Online Executive MBA

Tuscaloosa, Alabama

Website

The University of Alabama - Top 50 Most Affordable Executive MBA Online Programs
University of Alabama offers one of the best online EMBA programs in the country!

Graduate Tuition/Fees: $10,780

The Culverhouse College of Business at the University of Alabama offers one of the best online EMBA programs in the country for working professionals seeking advanced career and academic training at an affordable price. The admission standards include an undergraduate degree with a 3.0 GPA as well as five years of professional work experience and active support from a current employer. Applicants with GPAs below 3.0 are welcome to apply by submitting GMAT or GRE scores at or above the 50th percentile. The 16-course, 48-credit degree focuses on advanced business and leadership topics and skills required to lead complex organizations in a global environment. Students work both individuals and in teams on various case studies, projects, and simulations. Alabama ranks #31 in best online master’s in business programs by U.S. News and World Report.

#20 – University of Missouri

Online Executive MBA

Columbia, Missouri

Website

University of Missouri - Top 50 Most Affordable Executive MBA Online Programs
A 21-month EMBA online program! University of Missouri.

Graduate Tuition/Fees: $10,478

University of Missouri offers an affordable executive MBA online program that takes approximately 21 months to complete. The blended, 48-credit program requires minimal campus visits and offers mostly online courses. Courses run eight weeks in length and covers topics like business analytics, finance and economics, leadership development, organizational behavior, and strategy and innovation. Admission to the University of Missouri online EMBA requires at least five years of professional experience. Also, applicants must have earned an undergraduate degree from an accredited college or university and be currently employment. The university ranks with major publications like U.S. News and World Report as the 124th best national university.

#19 – Purdue University

Online Executive MBA

West Lafayette, Indiana

Website

Purdue University - Top 50 Most Affordable Executive MBA Online Programs
Purdue offers a fast-paced online EMBA.

Graduate Tuition/Fees: $9,992

Purdue University’s online executive MBA program combines a mix of online classes with infrequent in-person classes designed for busy and working professionals. The program consists of 48 credit hours and takes 19 months to complete. Courses cover a wide range of advanced business topics like corporate governance, IT and leadership, mergers and acquisitions, and negotiations. Admission to the Purdue EMBA requires a completed online application, current professional resumé, two professional recommendations, and official transcripts. Purdue’s name is synonymous with academic excellence. In fact, the school is fully accredited and ranks with major publications like U.S. News and World Report.

#18 – Ohio University

Online Professional MBA

Athens, Ohio

Website

Ohio University - Top 50 Most Affordable Executive MBA Online Programs
Ohio University – 100% online professional MBA.

Graduate Tuition/Fees: $9,720

Whether you’re seeking an executive MBA online or professional MBA program, Ohio University offers a flexible degree suited for individuals with business career aspirations. The program offers 100% online coursework, eight optional concentrations, and requires no GMAT for admission. Concentration options allow students to tailor their degree toward areas of interest. Concentrations include accounting, business analytics, executive management, and health care, to name a few. For those interested in online EMBA options, the program offers courses like ethics in global environment, leadership and change management, and prescriptive analytics. Ohio University ranks with U.S. News and World Report as the 176th best national university and 118th best value school. Also, the online MBA programs rank #94 out of more than 1,200 programs surveyed.

#17 – Louisiana Tech University

Online Professional MBA

Ruston, Louisiana

Website

Louisiana Tech University - Top 50 Most Affordable Executive MBA Online Programs
Affordability! Louisiana Tech’s online EMBA.

Graduate Tuition/Fees: $9,603

Louisiana Tech University offers an affordable professional MBA that can be completed online. With conveniently designed classes and structure, the online professional MBA program is ideal for those working in business. Online courses cover topics like accounting analysis for decision-making, financial management, global perspective in management, organizational behavior, and strategic management. Admission to the program is competitive and applicants will need to meet the minimum undergraduate GPA requirement of 3.2. LTU ranks with major publications like U.S. News and World Report as a top national university and public school. Also, the online MBA programs rank #150 out of more than 1,200 surveyed programs.

#16 – University of New Orleans

Online Executive MBA

New Orleans, Louisiana

Website

The University of New Orleans - Top 50 Most Affordable Executive MBA Online Programs
Fully accredited! University of New Orleans – online executive MBA program.

Graduate Tuition/Fees: $9,108

The University of New Orleans offers an affordable executive MBA online program committed to professionals seeking leadership and executive positions. Classes take place on alternating weekends for approximately 15 and ½ months. Through a combination of online learning and hybrid courses, students earn their executive MBA efficiently and conveniently. Courses cover topics like digital economy, financial management, managerial economics, operations management, strategic marketing management, and survey of decision-making tools. Seminars and special topics courses are also available. University of New Orleans ranks with U.S. News and World Report as a top national university and is fully accredited.

#15 – University of Arkansas

Online Executive MBA

Fayetteville, Arkansas

Website

University of Arkansas - Top 50 Most Affordable Executive MBA Online Programs
The online executive MBA program at University of Arkansas is for working professionals.

Graduate Tuition/Fees: $8,841

The online executive MBA program at University of Arkansas consists of 38 credit hours, which take 24 months to complete. The affordable online program is ideally designed for working professionals. Online classes and a single Saturday meeting on campus per month allow students to achieve their EMBA goals. Also available are several focus areas that allow students to tailor their EMBA toward career goals and interests. Concentrations include business analytics, finance, innovation and entrepreneurship, retail, and supply chain. Admission requires a minimum of a bachelor’s degree from an accredited institution and five years of work experience preferred. With the preferred work experience, a GMAT or GRE waiver may be offered. According to U.S. News and World Report, University of Arkansas ranks #160 in best national universities.

#14 – Southeastern Louisiana University

Online Executive MBA

Hammond, Louisiana

Website

Southeastern Louisiana University - Top 50 Most Affordable Executive MBA Online Programs
AACSB-accredited – Southeastern Louisiana University’s online EMBA.

Graduate Tuition/Fees: $8,826

Southeastern Louisiana University offers a cheap executive MBA online program that is AACSB-accredited. The hybrid degree requires 60% face-to-face and 40% online classes; however, classes meet on Saturdays only. The program is designed for working professionals and takes approximately 17 months to finish. A general EMBA is offered, as well as concentrations in accounting, finance, and health care management. Some of the general courses offered through the program cover topics like business policy and strategy, financial policies, and organizational theory and behavior. According to U.S. News and World Report, SLU ranks #99 in best regional universities in the South and #47 in top public schools.

#13 – University of Oklahoma

Online Executive MBA

Norman, Oklahoma

Website

University of Oklahoma - Top 50 Most Affordable Executive MBA Online Programs
A fast-paced EMBA online program! University of Oklahoma.

Graduate Tuition/Fees: $8,577

At the University of Oklahoma, eligible students may earn an online EMBA in Energy. The uniquely designed EMBA takes 15 months to earn and focuses on the energy management industry, especially oil and gas management. To accommodate schedules of working professionals, the program is delivered almost entirely online. However, three face-to-face week-long residencies take place on campus. Admission requires a bachelor’s degree from an accredited institution and eight or more years of progressive work experience. Three of the eight years must take place in the energy industry. University of Oklahoma ranks with major publications like U.S. News and World Report as the 133rd best national university and 167th best value school.

#12 – University of Colorado

Online Executive MBA

Denver, Colorado

Website

University of Colorado Denver - Top 50 Most Affordable Executive MBA Online Programs
UC Denver – an affordable online EMBA.

Graduate Tuition/Fees: $8,069

University of Colorado’s online executive MBA consists of 48 credits that can be completed as a hybrid program. What makes UC’s MBA program unique is the health administration focus designed for students seeking business careers in health care management. Core courses cover business topics like corporate finance, ethics and health law, healthcare marketing, information systems, management accounting, and supply chain management. During the final semester, students complete a capstone course and case-based project evaluating two healthcare systems. UC Denver ranks with major publications like U.S. News and World Report as the 227th best national university and 113th top public school.

#11 – Sam Houston State University

Online Executive MBA

Huntsville, Texas

Website

Sam Houston State University - Top 50 Most Affordable Executive MBA Online Programs
SHSU ranks with U.S. News and World Report! A top school for EMBA online programs.

Graduate Tuition/Fees: $8,016

One of the most affordable executive MBA online programs on our list is offered by Sam Houston State University. The uniquely designed program emphasizes banking and financial institutions and prepares students for leadership positions in this industry. The program consists of 36 credit hours and classes delivered entirely online. Classes cover topics like accounting for management, financial statement analysis, managerial communication, problems in administrative finance, and techniques of statistical analysis. Admission to the online EMBA requires an earned bachelor’s from an accredited college or university with a 2.5 or better GPA. Three years of work experience is also required. SHSU ranks with U.S. News and World Report as the 272nd best national university and 136th top public school.

#10 – University of Central Oklahoma

Online Professional MBA

Edmond, Oklahoma

Website

University of Central Oklahoma - Top 50 Most Affordable Executive MBA Online Programs
An affordable online PMBA! University of Central Oklahoma.

Graduate Tuition/Fees: $7,853

The University of Central Oklahoma offers an affordable online professional MBA designed for those seeking executive MBA online programs. The online PMBA meets the demands of today’s working professionals. Courses follow an eight-week model and are delivered entirely online. Courses cover topics like building effective teams, business law concepts for the workplace, decision making in marketing, leading people in organizations, project and program management, and strategic management. Requirements for admission include a minimum undergraduate GPA of 2.75 and competitive GRE or GMAT scores. University of Central Oklahoma ranks with U.S. News and World Report as the 68th best regional university in the West and 32nd top public school.

#9 – Prairie View A & M University

Online Executive MBA

Prairie View, Texas

Website

Prairie View A & M University - Top 50 Most Affordable Executive MBA Online Programs
Affordability! Prairie View A & M University – online executive MBA.

Graduate Tuition/Fees: $7,629

At Prairie View A & M University, students may earn a fast-track online EMBA designed to meet career goals in business. All business degree programs at PVAMU, including the online EMBA, are accredited by AACSB International. The distinction is considered the gold standard of business school accreditation. In addition to receiving this distinction, PVAMU has earned rankings with U.S. News and World Report. Rankings include #95-#124 in best regional universities in the West and #50-#66 in top public schools. Eligibility for admission to the EMBA online program requires an earned bachelor’s degree from an accredited institution and minimum 2.75 undergraduate GPA. Also required are 3-5 years of managerial or leadership experience.

#8 – University of North Carolina at Wilmington

Online Executive MBA

Wilmington, North Carolina

Website

University of North Carolina at Wilmington - Top 50 Most Affordable Executive MBA Online Programs
UNCW offers a 12-months EMBA online.

Graduate Tuition/Fees: $7,457

The online EMBA programs at University of North Carolina include the general executive MBA and EMBAs with specializations. UNCW offers specializations in business analytics, finance, healthcare management, international business, marketing, and supply chain management. All programs consist of 42 credits and can be completed in just 12 months, making the EMBA at UNCW one of the fastest programs on our list. Curriculum is designed with career advancement in mind and formatted for working professionals. Required courses cover topics like corporate finance, economics, information analysis and management, and strategic management. Admission requires five years of professional work experience preferred, though two is acceptable, and two letters of recommendation. According to U.S. News and World Report, UNCW ranks #187 in best national universities.

#7 – University of North Alabama

Online Executive MBA

Florence, Alabama

Website

University of North Alabama - Top 50 Most Affordable Executive MBA Online Programs
University of North Alabama offers a cheap online EMBA.

Graduate Tuition/Fees: $7,200

One of the most affordable online executive MBA programs on our list is found at University of North Alabama. For less than $7,500 per year, students may earn their online EMBA. This convenient and flexible business program offers five start dates per year and eight-week long courses. A unique feature of the program is its accreditation. Only 5% of programs are accredited by the Association to Advance Collegiate Schools of Business (AACSB), and University of North Alabama has received this honor. Also, the school has received rankings with major publications like U.S. News and World Report. These rankings include #40 in best regional universities in the South, #40 in best value schools, and #157 out of 1,200 in best online MBA programs.

#6 – Texas Southern University

Online Executive MBA

Houston, Texas

Website

Texas Southern University - Top 50 Most Affordable Executive MBA Online Programs
Unique EMBA online findings at Texas Southern University.

Graduate Tuition/Fees: $6,811

Texas Southern University’s executive MBA online program integrates curriculum that explores relevant issues and topics addressed by today’s business executives. There are two types of EMBA completion pathways: the general business EMBA, and the energy finance EMBA. Classes are administered through virtual classrooms, live chats, and online lectures. Applications for admission are reviewed on an ongoing basis. To be considered for admission, applicants must hold a bachelor’s degree from an accredited institution and have five years of progressive work experience at the management or supervisory level. TSU is fully accredited and ranked with major publications like U.S. News and World Report. TSU’s rankings include #298-#389 in best national universities and #154-#209 in top public schools.

#5 – The University of Texas at El Paso

Online Executive MBA

El Paso, Texas

Website

The University of Texas at El Paso - Top 50 Most Affordable Executive MBA Online Programs
The University of Texas at El Paso offers an executive MBA online 16-month program.

Graduate Tuition/Fees: $6,744

The University of Texas at El Paso offers an executive MBA online program designed as a 16-month cohort-based hybrid degree. As a cohort-based program, admission is competitive. The cohort takes 20-30 students at a time and is kept small on purpose. Courses cover advanced business topics relevant to executives. These courses include accounting analysis, business law and ethics, issues in corporate governance, managerial economics, and special topics in international business. UTEP ranks with major publications like U.S. News and World Report as a top national university. Additional rankings include #90 in top performers on social mobility and #154-#209 in top public schools.

#4 – Florida Atlantic University

Online Executive MBA

Boca Raton, Florida

Website

Florida Atlantic University - Top 50 Most Affordable Executive MBA Online Programs
23-months to earn the online EMBA at Florida Atlantic University.

Graduate Tuition/Fees: $6,693

Florida Atlantic University offers online EMBA programs that are affordable and accredited. The FAU online EMBA takes 23 months to complete and is specifically designed for working business professionals. The program also offers several specializations for those interested in areas of business analytics, finance, health administration, international business, and operations management, to name a few. Classes cover topics like corporate financial management, global management strategy and policy, leadership and organizations, management of information systems and technology, and marketing management in a global environment. Florida Atlantic University ranks with U.S. News and World Report as the 272nd best national university and 136th top public school.

#3 – University of Wyoming

Online Executive MBA

Laramie, Wyoming

Website

University of Wyoming - Top 50 Most Affordable Executive MBA Online Programs
University of Wyoming’s executive online MBA is 100% online.

Graduate Tuition/Fees: $6,289

One of the most affordable executive MBA online programs on our list is offered by University of Wyoming. Open to experienced business professionals, the program is ideal for working students. The EMBA program is AACSB-accredited and delivered 100% online. Completion time is two years. Admission to the University of Wyoming EMBA program requires an accredited bachelor’s degree and five or more years of progressive, full-time work experience. Three or more years must be spent in a supervisory role. University of Wyoming ranks with U.S. News and World Report as the 196th best national university and 100th top public school.

#2 – University of the Cumberlands

Online Executive MBA

Williamsburg, Kentucky

Website

University of the Cumberlands - Top 50 Most Affordable Executive MBA Online Programs
The University of the Cumberlands offers an online executive MBA that’s highly affordable.

Graduate Tuition/Fees: $5,970

The University of the Cumberlands offers an online executive MBA through the Robert W. Plaster Graduate School of Business. The program offers online courses that cover topics like managerial accounting, managerial finance, marketing management, and organizational behavior. Admission to the EMBA program requires an undergraduate degree from a regionally accredited college or university with a minimum GPA of 2.5 on a 4.0 scale. According to U.S. News and World Report, the University of the Cumberlands ranks #298-#389 in best national universities and #237 in top performers on social mobility. The institution is fully accredited.

#1 – University of Nevada

Online Executive MBA

Reno, Nevada

Website

University of Nevada - Top 50 Most Affordable Executive MBA Online Programs
#1 most affordable executive MBA online program – University of Nevada.

Graduate Tuition/Fees: $5,931

University of Nevada’s online executive MBA is one of the top online MBA programs in the country and the #1 most affordable online EMBA on our list. In fact, U.S. News ranks the program #67 out of more than 1,200 surveyed programs. Also, the University of Nevada Reno ranks #2227 in best national universities and #113 in top public institutions. UNR’s EMBA program offers 12 courses and rigorous study. Classes cover topics like economics of the firm, financial reporting and analysis, marketing management, statistics for decision-making, and strategic management for executives. To qualify for admission, applicants must have five or more years of professional work experience beyond undergraduate studies.
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Frequently Asked Questions

What can you do with an executive MBA online degree?

Executives and managers are the brains behind the business plans, policies, and strategies of companies and organizations. While top executives usually begin their careers as business professionals, they move up the ladder with adequate experience and education.

Students enrolled in executive MBA programs gain an edge over competition with only an MBA degree. Students who complete an online EMBA program will be qualified for a range of leadership positions. Available career paths for graduates of EMBA online programs are as follows:

  • Advertising and marketing managers

With an EMBA, you might qualify for an advertising, marketing, or promotion manager positions. These niche managers handle the creativity behind marketing campaigns and promotions, generating buzz for business, services, and goods.

  • Financial managers and executives

Financial managers are responsible for handling and overseeing the financial activities of their organizations. They also create and ensure adherence to short- and long-term budgets while handling financial and investment concerns.

  • Human resource managers

A human resource manager with an EMBA leads organizations on their HR efforts. They often oversee recruitment and hiring, professional development, and other human resource operations.

  • Top executives

Top executives or CEOs and COOs are the upper-level leaders of an organization. They oversee budget planning, finances, marketing, and supply chain, as well as other niche areas of business within the organization.

What is the job outlook for individuals with an executive MBA online degree?

According to the Bureau of Labor Statistics (BLS), employment in business and financial occupations is projected to grow five percent through 2029. The percentage is faster than the average for all occupations and adds over 476,000 new jobs to the industry.

Top executives should also see a favorable job outlook. In fact, BLS reports the overall employment of top executives is projected to grow four percent between 2019 and 2029.

The greatest projected growth is with general and operations managers. A growth of six percent is expected for this niche of business, which is much faster than the average for all occupations. As organizations continue to rely on operations managers to help them operate successfully, positions will open up.

Approximately 218,000 job openings for top executives are projected each year. What draws individuals to top executive jobs is the high earnings potential and prestige associated with these positions. To qualify for a top executive job, one must hold an advanced business degree, such as the online EMBA. Individuals with an advanced degree and years of managerial experience will have the best job prospects. As workers retire or transfer to different occupations or organizations, openings for top executive positions will arise.

How much money can I earn with an executive MBA online degree?

Top executives earn a considerable wage. In fact, the Bureau of Labor Statistics (BLS) reports the median annual wage for chief executives was close to $185,000 in May 2019. The highest ten percent of earners in chief and top executive positions made over $208,000 annually.

With an executive MBA online degree, you may qualify for management positions. While top executive positions require substantial experience, sometimes more than ten years, operations and general management positions require less. However, operations and general managers still make six figures. In fact, BLS reports the median annual wage for general and operations managers in May 2019 was just over $100,000. While the lowest ten percent of earners made $45,000, the highest ten percent earned more than $208,000.

The pay varies for top executives by industry. BLS reports the top-paying industries as follows:

Manufacturing
Professional, scientific, and technical services
Healthcare and social assistance
Government

Earnings for the above business industries were as follows:

Top executives in manufacturing earned $208,000 or more.
Top executives in professional, scientific, and technical services earned $208,000 or more.
Top executives in healthcare and social assistance earned an average of $166,140.
Top executives in government earned $110,230.

Are there professional associations I can join while enrolled in online executive MBA programs?

Students enrolled in online executive MBA programs are not traditional students. To be eligible for admission to an EMBA online program, you must be employed as a professional or have completed at least five years of professional business employment. As a working professional and an EMBA student, you may be eligible to join a professional association. Benefits of joining an association include gaining access to resources and a host of services. Below are three professional associations for EMBA online students.

  • Association of MBAs

The London-based consortium is one of the only professional association with MBA students, graduates, schools, and employers as members from all over the world. In fact, the AMBA includes 200 accredited business schools worldwide. Through this extensive network, members gain access to the AMBA career center and a large number of professional development courses.

  • Executive MBA Council

The EMBAC has over 330 members and acts as a global voice for the EMBA industry. Access to networking opportunities and industry events makes the EMBAC a reputable association to join.

  • National Association of Women MBAs

Geared toward recognition and a strong female presence in today’s business world, the NAWMBA supports its members through an annual national conference. Also, throughout the year, the NAWMBA sponsors local chapter meetings and networking opportunities.

What coursework will I take while earning my online EMBA?

Courses in executive MBA online programs vary by school, but overall, curriculum adheres to the same principles of preparing business professionals for advanced careers and leadership roles. While traditional MBA programs focus on the foundations and fundamentals of business, EMBA programs teach students how to apply business practices to their current organizations.

In most online EMBA programs, students complete core coursework in areas like entrepreneurship, international business strategies, management, marketing, and team building, to name a few. Some programs offer electives that explore niche business areas like accounting, finance, and human resources.

Also, some EMBA programs offer concentrations designed for students to tailor their degree toward areas of interest. You might find concentrations in business analytics, business venturing, executive management, finance, health administration, operations and supply chain management, or strategic selling. Students must take a certain number of classes (usually two or three) that dive deeper into an area of focus.

EMBA programs differ from traditional MBA programs with respect to course requirements and content. While MBA programs focus on fundamental concepts and business theories, EMBA programs offer study that applies to real-world framework. EMBA courses are designed to prepare the student to become an effective leader in the corporate world.

BCO Staff
February 2021

This concludes our list of 50 most affordable executive MBA online programs of 2021.