Best Colleges Online - Most Affordable Degrees-01In this article, we profile the 50 most affordable part-time MBA programs of 2019.

The United States Department of Labor’s Bureau of Labor Statistics (BLS) reports a favorable job outlook for the next six years for business professionals and business managers. In fact, the employment of some business professionals is projected to grow between six and ten percent. This is an above-average anticipated growth rate. As more positions become available through company expansion, competition for jobs will also increase. To qualify for available jobs, applicants must offer ample education and work experience. Thankfully, part-time MBA programs are available to help individuals keep their current job in business while earning a graduate degree.

50 Most Affordable Part-Time MBA Programs Methodology

We looked at 287 colleges and universities listed by U.S. News and World Report and the National Center for Educational Statistics (NCES) College Navigator. We reviewed schools that had at least one part-time MBA pathway designed for working professionals. Some of the part-time MBA programs on our list offered evening and weekend completion pathways, while others delivered online classes. In some cases, programs presented hybrid options, or a mix of both online and on-campus evening courses. We narrowed our original pool of schools by applying the following criteria: Accreditation from esteemed governing bodies like AACSB, school and/or program rankings from U.S. News and World Report, and affordability. We then listed the programs according to raw affordability.

Below is our list of the most affordable part-time MBA programs designed for working professionals in 2019.

#50 – Seattle University

Part-Time Professional MBA

Seattle, Washington

Website

Seattle University - 50 Most Affordable Part-Time MBA Programs 2019
Seattle University offers an evening part-time MBA that’s AACSB-accredited.

Graduate Tuition/Fees: $19,880

Seattle University offers an affordable part-time MBA designed for working professionals looking to enhance their career. The part-time, flexible, evening MBA program requires class meetings once a week in the evenings. A total of 54 credits are required, but ten classes may be selected within an area of interest to provide customization to the degree. To be admitted to this AACSB-accredited program, a complete application must be submitted. Admission requires adequate GMAT or GRE scores, official transcripts, and a minimum of two years of full-time work experience. Major publications like U.S. News and World Report rank Seattle University as the 8th best regional university in the West. Also, the business school has received top rankings.

#49 – Loyola University

Part-Time MBA

Chicago, Illinois

Website

Loyola University - 50 Most Affordable Part-Time MBA Programs 2019
Many concentrations! Loyola University’s affordable part-time MBA programs.

Graduate Tuition/Fees: $19,498

Looking for an accredited school with part-time MBA rankings? Loyola University offers part-time completion options for its highly ranked and accredited MBA program. Through the Quinlan School of Business, students may take part-time classes toward the MBA and earn additional graduate certificates in various areas of business and human resources. Classes include business ethics, financial accounting for decision making, financial management, international business ethics, managing and motivating in the workplace, marketing management, and operations management. A number of concentrations are also offered in accounting, derivative markets, and management, to name a few. Loyola is ranked with U.S. News and World Report as a top national university and best value school. Also, the business school has received top rankings in accounting, finance, marketing, and supply chain and logistics.

#48 – Quinnipiac University

Part-Time MBA

Hamden, Connecticut

Website

Quinnipiac University - 50 Most Affordable Part-Time MBA Programs 2019
Part-time with specializations! Quinnipiac University’s affordable MBA options.

Graduate Tuition/Fees: $19,350

One of the top MBA part time programs on our list is offered by Quinnipiac University. This part-time, on-campus program allows students to customize their degree around business interests and career goals. Students have the option of the traditional MBA pathway or one of three specialized tracks in finance, health care management, or supply chain management. Part-time enrollment means students are able to work full-time with little impact. Some of the required courses include business decision analysis, financial decision making, and organizational behavior and leadership for decision makers. U.S. News and World Report ranks Quinnipiac University #13 in best regional universities in the North. Quinnipiac has also earned recognition for its top business school by U.S. News.

#47 – Villanova University

Part-Time MBA

Villanova, Pennsylvania

Website

Villanova University - 50 Most Affordable Part-Time MBA Programs 2019
Villanova University offers on-campus or online part-time MBA programs.

Graduate Tuition/Fees: $19,005

Villanova University’s MBA part time online, flex track, or accelerated pathway caters to the working professional. With a variety of completion options, students may elect to take courses online or on-campus. Curriculum centers around contemporary business practices and challenges faced in various areas of business. For individuals in need of the most flexibility, the flex track MBA requires meeting for one or two classes per week. The average completion time for the flex MBA is three years. Classes include analyzing and leveraging data, business operations in the 21st century, ethical business practices, and strategic marketing management. U.S. News and World Report ranks Villanova #49 in best national universities and #48 in best value schools. While the business school is unranked, it has received national recognition.

#46 – University of Minnesota

Part-Time MBA

Minneapolis, Minnesota

Website

University of Minnesota - 50 Most Affordable Part-Time MBA Programs 2019
Ranked and accredited – University of Minnesota’s affordable part-time MBA.

Graduate Tuition/Fees: $18,583

University of Minnesota’s Labovitz School of Business and Economics has received part-time MBA rankings from U.S. News and World Report. In fact, the part-time MBA program ranks #74 out of 287 business schools evaluated by U.S. News. The program structure makes the part-time MBA highly customizable and flexible for working students. Classes meet online or on-campus during weeknights. Two available specializations allow students to take additional classes that might appeal to work interests or meet career goals. These specializations include entrepreneurship, finance, information systems, management, marketing, medical industry, and supply chain. Admission requires a streamlined online application that includes GMAT or GRE scores, personal statement, two years of full-time work experience, two professional recommendations, and a video essay.

#45 – University of Connecticut

Part-Time MBA

Hartford, Connecticut

Website

University of Connecticut - 50 Most Affordable Part-Time MBA Programs 2019
The part-time MBA at University of Connecticut offers year-round courses.

Graduate Tuition/Fees: $17,660

One of the top-ranked MBA part time programs on our list is offered by University of Connecticut. The part-time MBA program delivers year-round courses that are generally taken in the evenings or on weekends. A variety of blended formats, including online or on-campus, make the program and its classes highly flexible for working professionals. While some students finish their degree requirements in less than three years, students have up to five years or more to complete the degree. Admission requires work experience, official transcripts, and professional recommendations. The program has received recognition from major publications like U.S. News and World Report. In fact, the part-time MBA ranks #65 out of 287 business programs. Also, the MBA at University of Connecticut is AACSB-accredited.

#44 – Fairfield University

Part-Time MBA

Fairfield, Connecticut

Website

Fairfield University - 50 Most Affordable Part-Time MBA Programs 2019
GMAT scores required. Fairfield University’s part-time MBA program.

Graduate Tuition/Fees: $17,415

For individuals seeking an MBA part time online program or flexible on-campus degree, Fairfield University provides options. The Dolan MBA prepares students with the diverse skills required for upper-level management and leadership positions. Courses include accounting information for decision-making, business analytics, financial statement analysis, legal and ethical environment of business, principles of finance, and organizational behavior. Successful admission requires a variety of considerations. Applicants must submit an online application, statement of self-evaluation of work experience and career objectives, official copies of transcripts, and a GMAT score of 500 or better. The institution has received top rankings from U.S. News and World Report. Also, the part-time MBA program ranks #89 out of approximately 287 part-time MBA programs.

#43 – Temple University

Part-Time MBA

Philadelphia, Pennsylvania

Website

Temple University - 50 Most Affordable Part-Time MBA Programs 2019
The Fox Business School at Temple University offers a part-time MBA for working students.

Graduate Tuition/Fees: $17,378

Temple University offers MBA programs online with a two-year pathway to completion through the Fox School of Business. Students alternate in-person and online classes that are both flexible and structured to provide a work-life balance. Key business courses cover topics in business reasoning, financial acuity, and opportunity response. Students learn how to influence through communication and ethically manage business practices and teams. The application process includes a completed online application, two letters of recommendation, a required essay, official transcripts, and the GMAT exam or GRE test scores. U.S. News and World Report ranks Temple #106 in best national universities and #93 in best value schools. Also, the school of business has received recognition.

#42 – Gonzaga University

Part-Time MBA

Spokane, Washington

Website

Gonzaga University - 50 Most Affordable Part-Time MBA Programs 2019
33 credits! Gonzaga University’s part-time MBA programs.

Graduate Tuition/Fees: $17,045

One of the top MBA part time online and traditional programs on our list is offered by Gonzaga University. Curriculum is built on ethical and Jesuit principles that will assist with career advancement and leadership roles in business and management. Some of the required classes include business ethics, corporate financial reporting, economic environment of the firm, managerial accounting, quantitative methods and statistical analysis, and strategic management. The program consists of 33 credits spread between 23 core credits and 10 electives. Gonzaga is a top-ranked institution. In fact, U.S. News and World Report ranks the school #4 in best regional universities in the West. Also, the part-time MBA program ranks #44 out of 287 programs.

#41 – University of Washington

Evening MBA

Seattle, Washington

Website

University of Washington - 50 Most Affordable Part-Time MBA Programs 2019
The evening MBA at UW is highly affordable and designed for working professionals.

Graduate Tuition/Fees: $16,590

The MBA part time program at University of Washington follows an evening structure where students attend classes after work hours. The convenient structure of the evening MBA at the UW Foster School of Business allows students to keep their days free for job and outside commitments. The program takes three years on average to complete. Required courses include business strategy, ethical leadership, financial accounting, introduction to business economics, leadership development and building effective teams, and statistical data management. Admission requirements include two letters of recommendation, official GMAT or GRE score reports, and official transcripts from all institutions attended. U.S. News and World Report ranks Foster School of Business as having the 12th best part-time MBA program.

#40 – Bradley University

Part-Time MBA

Peoria, Illinois

Website

Bradley University - 50 Most Affordable Part-Time MBA Programs 2019
AACSB-accredited, online, or on-campus – Bradley University – Part-time MBA programs

Graduate Tuition/Fees: $16,300

The Bradley University MBA programs online and on-campus can be completed part-time. The MBA program is AACSB-accredited and designed to allow students to have a full-time career while attending classes in the evening and online. Courses include controllership, financial management, global markets and sustainability, information systems management, management theory, and marketing decision-making. Two customizable concentrations are available to help students tailor their degree. These concentrations include finance and management. Students may take nine hours or three electives to earn the elected concentration. Admission to the MBA program requires an essay response, two letters of recommendation, and GMAT scores. U.S. News and World Report ranks Bradley’s part-time MBA program #57 out of 287 schools who submitted data to the publication.

#39 – Georgia Institute of Technology

Part-Time MBA

Atlanta, Georgia

Website

Georgia Institute of Technology - 50 Most Affordable Part-Time MBA Programs 2019
24-36 months – Georgia Institute of Technology’s part-time MBA programs.

Graduate Tuition/Fees: $15,798

Ranked among the best in the country, the MBA part time online program at Georgia Institute of Technology offers a flexible mix of evening, online, and weekend courses. Students earn their MBA in just 24-36 months after completing all coursework and requirements. Flexible classes include analytical tools or decision support, business communications, financial and managerial accounting, leading people and organizations, legal and ethical considerations, and managing information resources. The evening MBA program enrolls twice per year and begins in January and August. The school is ranked with major publications like U.S. News and World Report. In fact, U.S. News ranks the part-time MBA #17 out of 287 surveyed schools and programs.

#38 – University of Massachusetts

Part-Time MBA

Amherst, Massachusetts

Website

University of Massachusetts - 50 Most Affordable Part-Time MBA Programs 2019
UMASS Amherst offers a part-time MBA program that is highly affordable for in-state students.

Graduate Tuition/Fees: $15,782

Offering a mix of online and in-person classes, the MBA part time program at University of Massachusetts is a top choice for business professionals. Flexible class structure allows students to work full time while attending classes. Some of the required courses include corporate finance, economic analysis for managers, financial and managerial accounting, operations management, organizational strategy, and strategic information management. Applying to the part-time MBA program requires an online application, official transcripts, and satisfactory GMAT scores. The school and its business programs have earned rankings from publications like U.S. News and World Report. In fact, U.S. News ranks the part-time MBA program #17, tied with Georgia Institute of Technology, out of 287 surveyed programs.

#37 – Virginia Polytechnic Institute and State University

Part-Time MBA

Blacksburg, Virginia

Website

Virginia Polytechnic Institute and State University - 50 Most Affordable Part-Time MBA Programs 2019
Lots of concentration options! Virginia Polytechnic Institute’s part-time MBA programs.

Graduate Tuition/Fees: $15,510

One of the most affordable part-time MBA programs on our list is offered by Virginia Polytechnic Institute and State University. Virginia Tech’s evening MBA allows full-time working professionals to earn a graduate degree in business while working at their own pace. The program offers several concentration areas so that students may tailor their degree toward areas of interest or to meet career goals. Some of the concentrations include business intelligence and business analytics, entrepreneurial leadership and management, financial management, health information technology, hospitality and tourism management, or organizational leadership. Classes are offered both online and in-person during convenient evening hours. Major publications like U.S. News and World Report rank Virginia Tech #76 in best national universities and #103 in best value schools.

#36 – George Mason University

Part-Time MBA

Fairfax, Virginia

Website

George Mason University - 50 Most Affordable Part-Time MBA Programs 2019
George Mason University’s flexible MBA part time programs are available online.

Graduate Tuition/Fees: $15,138

Offering a highly flexible MBA part time online and on-campus program, George Mason University caters to the working professional. Enrolled students earning their part-time MBA take a series of online classes or evening courses that satisfy degree requirements. There is also an array of emphasis areas that allow students to customize their degree to suit career goals. Emphasis areas include accounting, financial management, government contracting, international business, and project management. Admission to the part-time MBA program requires GMAT or GRE scores, two professional letters of recommendation, and official transcripts. U.S. News and World Report ranks George Mason among top public institutions. Also, the part-time MBA ranks #32 out of more than 287 surveyed programs.

#35 – University of Maryland

Part-Time MBA

College Park, Maryland

Website

University of Maryland - 50 Most Affordable Part-Time MBA Programs 2019
Online and on-campus options for the affordable part time MBA programs at University of Maryland.

Graduate Tuition/Fees: $14,526

The part-time MBA rankings of University of Maryland earn the school and program a top spot on our list. This affordable part-time MBA is flexibly paced and allows students to work full-time while earning their MBA. Online and on-campus courses are available. Students work at their own pace and can earn the graduate degree in as little as 24 months or up to five years. Optional global experience and online electives make this program highly unique. To be admitted, applicants must submit official transcripts, letters of recommendation, and graduate test scores. The school ranks with major publications like U.S. News and World Report. Also, U.S. News ranks the part-time MBA program #30 out of 287 surveyed MBA programs.

#34 – Virginia Commonwealth University

Evening MBA

Richmond, Virginia

Website

Virginia Commonwealth University - 50 Most Affordable Part-Time MBA Programs 2019
Only 15 courses! Virginia Commonwealth University’s evening MBA.

Graduate Tuition/Fees: $14,496

One of the best MBA part time programs on our list is the evening MBA at Virginia Commonwealth University. The program consists of 15 courses and 45 credit hours. Courses take place weekday evenings and are designed to accommodate the busy schedules of working professionals. Admission requires a statement of intent, current resume, GMAT or GRE scores, three letters of recommendation, and official transcripts from all colleges or universities attended. Virginia Commonwealth University is a top ranked institution. In fact, U.S. News and World Report ranks the school among leading universities. Also, the part-time MBA program ranks #57 out of more than 287 programs surveyed by U.S. News.

#33 – University of Cincinnati

Part-Time MBA

Cincinnati, Ohio

Website

University of Cincinnati - 50 Most Affordable Part-Time MBA Programs 2019
GMAT or GRE scores required! University of Cincinnati’s affordable part-time MBA programs.

Graduate Tuition/Fees: $14,468

University of Cincinnati offers MBA programs online and on-campus to accommodate the educational needs of working professionals. The part-time MBA consists of 36-48 semester hours with evening, online, and flexible classes. Some of the required courses include accounting for managerial decisions, corporate legal and social responsibility, decision modeling, financial management, leadership and organizations, and strategic management. Admission to the part-time MBA program requires the submission and review of two letters of recommendation, academic transcripts, GMAT or GRE scores, and one essay. U.S. News and World Report ranks the school’s part-time MBA program #109 out of more than 287 surveyed programs.

#32 – Oregon State University

Part-Time Online MBA

Corvallis, Oregon

Website

Oregon State University - 50 Most Affordable Part-Time MBA Programs 2019
Oregon State University’s part-time online MBA is ranked and affordable.

Graduate Tuition/Fees: $14,331

Oregon State University’s MBA part time program is also online. In fact, 100% of course material is delivered via distance education, providing flexibility for working professionals. The program also offers concentrations so that students enrolled in the MBA program may customize their degree. Areas of concentration include business analytics, marketing, organizational leadership, and supply chain and logistics management. The program is highly reputable. In fact, OSU’s part-time MBA is accredited by the Association to Advance Collegiate Schools of Business, a distinction which only five percent of the world’s business schools have earned. U.S. News and World Report ranks OSU’s part-time MBA #57 out of 287 surveyed programs.

#31 – University of California

Part-Time MBA

Berkeley, California

Website

University of California - 50 Most Affordable Part-Time MBA Programs 2019
Evening and weekend MBA programs – University of California.

Graduate Tuition/Fees: $14,131

One of the best MBA part time online or traditional programs on our list is offered by the University of California. The evening and weekend MBA programs accommodate working schedules. In fact, the program is designed specifically for individuals who cannot take traditional classes due to work and outside obligations. The program requires 13 courses and can be tailored by choosing electives. Some of the required courses include data and decisions, financial accounting, leadership communication, marketing management, and strategy. Admission to the program requires a complete application, including official transcripts, essays, two letters of recommendation, and invitation-only interviews. UC Berkeley is a highly esteemed institution. In fact, U.S. News and World Report ranks the school #22 in best national universities. Also, the part-time MBA ranks #2 out of 287 surveyed programs.

#30 – Miami University

Part-Time MBA

West Chester, Ohio

Website

Miami University - 50 Most Affordable Part-Time MBA Programs 2019
Only 12 courses – Miami University’s affordable part-time MBA programs.

Graduate Tuition/Fees: $14,088

When searching for part-time MBA rankings, Miami University’s Farmer School of Business is listed among top accredited programs. The AACSB-accredited program consists of 36 credit hours and 12 courses. Students earn their flexible MBA in just two years. Extended evening classes take place two times per week to accommodate working professionals with little time during traditional class time. There is also a generous two month break during the holidays, making the program ideal for working professionals with families and outside obligations. U.S. News and World Report ranks Miami University #96 in best national universities. Also, the graduate business programs have received recognition.

#29 – University of South Carolina

Professional MBA

Columbia, South Carolina

Website

University of South Carolina - 50 Most Affordable Part-Time MBA Programs 2019
Affordable part-time MBA – University of South Carolina!

Graduate Tuition/Fees: $14,050

University of South Carolina offers an affordable part-time MBA designed for professionals. Taught through the Moore Business School, the MBA program offers a distance-based format that utilizes video conferencing. Courses are delivered in flexible formats during select Saturdays and on evenings. To add to the convenience of the program, several specializations are also available so that students may customize their degree. These customizations include finance, innovation and entrepreneurship, international business, and marketing. The program takes 28 months to complete though offers options to accelerate or extend completion time. U.S. News and World Report ranks the school #106 in best national universities and #145 in best value schools. Also, the part-time MBA ranks #22 out of 287 surveyed programs.

#28 – Elon University

Part-Time MBA

Elon, North Carolina

Website

Elon University - 50 Most Affordable Part-Time MBA Programs 2019
GMAT or GRE scores required – Elon University’s part-time MBA.

Graduate Tuition/Fees: $13,482

Elon University’s MBA part time program has received the esteemed accreditation of AACSB International. Fewer than five percent of the world’s business schools have received this accreditation. To be admitted to this competitive MBA program, applicants must provide evidence of an earned bachelor’s degree from an accredited college or university. Additional application requirements include official transcripts, GMAT or GRE scores, two years of professional work experience, personal statement, two letters of recommendation, and a completed online application. A GMAT/GRE waiver must meet requirements for consideration. These requirements include cumulative undergraduate GPA of 3.3 or better, successful completion of a graduate degree, seven or more years of professional experience following a bachelor’s degree, US military service, or completion of a professional certificate. U.S. News and World Report ranks Elon’s part-time MBA #89 out of 287 surveyed business programs.

#27 – University of Texas

Online PMBA or Evening PMBA

Richardson, Texas

Website

University of Texas - 50 Most Affordable Part-Time MBA Programs 2019
Flexible online part-time MBA! University of Texas has affordable business programs.

Graduate Tuition/Fees: $13,458

One of the most affordable MBA part time online programs on our list comes from University of Texas. The flexible PMBA program offers online, flex, and evening cohort pathways of completion. For individuals wanting an online experience, the PMBA degree can be earned by taking classes entirely online. Courses include business economics, financial accounting, financial management, information technology for management, managerial accounting, marketing management, and statistics and data analysis. There are also specialization options designed so that students may customize their degree to meet career goals. Specializations include finance and managerial economics, marketing, operations management, or organizations and strategy. U.S. News and World Report ranks UT #129 in best national universities. Also, the part-time MBA program ranks #17 in the country out of 287 surveyed business programs.

#26 – University of Colorado

Evening MBA

Boulder, Colorado

Website

University of Colorado - 50 Most Affordable Part-Time MBA Programs 2019
90% graduation rate – University of Colorado’s affordable part-time MBA programs.

Graduate Tuition/Fees: $13,246

One of the most affordable MBA programs online or on-campus on our list is offered by Leeds School of Business at University of Colorado. The evening MBA is specifically designed for working professionals and takes two years of part-time enrollment. The program starts in May each year and provides classes taught by faculty in key business disciplines. The program boasts a 90% graduation rate. Four areas of emphasis allow students to customize their degree. These emphasis areas include entrepreneurship, finance, management, and marketing. Classes meet two evenings each week from 6:30 to 9:15 for six consecutive semesters. U.S. News and World Report ranks University of Colorado #96 in best national universities. Also, the part-time MBA programs rank #44 out of 287 schools.

#25 – University of Arizona

Evening MBA

Tucson, Arizona

Website

University of Arizona - 50 Most Affordable Part-Time MBA Programs 2019
The evening MBA at University of Arizona has part-time options.

Graduate Tuition/Fees: $13,044

If you’re searching for MBA programs–online or evening completion pathways–University of Arizona offers one of the most affordable on our list. The Eller evening MBA meets just one night per week, minimizing time away from work or family. The program takes 24 months to complete, though time can be extended if needed. Classes include advanced negotiations, business strategy, introduction to financial accounting, leadership in organizations, market-based management, and statistical decision making. Admission to the program requires satisfactory GMAT or GRE scores, a current professional resume, two professional recommendations, and a complete essay. U.S. News and World Report ranks the part-time MBA at University of Arizona #52 out of 287 business programs surveyed.

#24 – University of Florida

Professional MBA

Gainesville, Florida

Website

University of Florida - 50 Most Affordable Part-Time MBA Programs 2019
16 or 27 months! University of Florida offers flexible part-time MBA programs.

Graduate Tuition/Fees: $12,737

One of the most affordable part-time MBA programs on our list is offered by Warrington College of Business and University of Florida. The program is designed for working professionals who want to keep their job while pursuing an MBA. There are three completion pathways, including the one-year accelerated option for individuals with a bachelor’s degree earned within the last seven years. This pathway takes just 16 months to earn the MBA. The two-year option actually takes 27 months and is designed for all undergraduate majors, not necessarily business majors. University of Florida is an accredited and ranked institution. In fact, U.S. News and World Report ranks the school #35 in best national universities and #91 in best value schools. Also, the part-time MBA ranks #32 out of 287 surveyed business programs.

#23 – Old Dominion University

Online Part-Time MBA

Norfolk, Virginia

Website

Old Dominion University - 50 Most Affordable Part-Time MBA Programs 2019
Only 21 months to complete Old Dominion University’s online part-time MBA.

Graduate Tuition/Fees: $12,552

One of the most flexible MBA part time programs on our list is offered by Old Dominion University. This flexible, online, hybrid, or on-campus program takes as little as 21 months to complete and is AACSB-accredited. MBA students may choose from more than 40 graduate certificate specializations and over 50 graduate degree joint options. The online MBA program has received recognition from all major publications like U.S. News and World Report and The Princeton Review. In fact, U.S. News and World Report ranks the part-time MBA #65 out of 287 surveyed business programs and the online MBA #45 out of more than 1,200 surveyed programs. If you’re a working professional with little time for traditional classes, consider the online and part-time MBA at Old Dominion.

#22 – Ohio State University

Part-Time MBA

Columbus, Ohio

Website

Ohio State University - 50 Most Affordable Part-Time MBA Programs 2019
Online, evening, or weekend options! Ohio State University’s affordable part-time MBA.

Graduate Tuition/Fees: $12,425

While not an MBA part time online program, the MBA at Ohio State University offers a different kind of flexibility for working professionals. Courses fit the special needs of busy and working individuals with evening and weekend options. The program offers Saturday classes (Sundays on home football weekends). For those in need of transportation, the school offers free bus service provided from Cincinnati, Cleveland, or Dayton. Admission is competitive. The program looks for qualified candidates with a minimum two years of post-baccalaureate professional work experience. Also, GRE or GMAT test scores are required for admission. U.S. News and World Report ranks the school #56 in best national universities and #126 in best value schools.

#21 – Arizona State University

Professional Flex MBA

Tempe, Arizona

Website

Arizona State University - 50 Most Affordable Part-Time MBA Programs 2019
GMAT or GRE scores needed for admission! ASU’s part-time MBA.

Graduate Tuition/Fees: $12,134

One of the most affordable part-time MBA programs on our list comes from Arizona State University. Designed for working professionals, the W.P. Carey professional flex MBA allows students to personalize and customize their business degree through a combination of evening and online courses. Students may choose from over 40 elective courses to help customize the degree. The program runs two to four years, depending on the pace of the student. The online application requires personal information such as birth date and citizenship, a current resume or CV and essay question responses, recommender contact information, and essay questions. Also, GMAT or GRE test scores are required for admission. U.S. News and World Report ranks the part-time MBA #22 out of 287 surveyed business programs.

#20 – University of Wisconsin

Evening MBA

Madison, Wisconsin

Website

University of Wisconsin - 50 Most Affordable Part-Time MBA Programs 2019
Ranked and affordable – University of Wisconsin’s part-time MBA programs.

Graduate Tuition/Fees: $12,010

While not considered one of the MBA programs online on our list, the evening MBA at University of Wisconsin fits our criteria and earns a spot among the most affordable part-time MBA program. The evening MBA is designed to elevate professional positions of current students. The program is designed for working professionals and is structured to benefit students with families and outside obligations. Some of the required courses include business ethics, data to decisions, economics for managers, financial accounting, managerial communication, managing behavior in organizations, and strategic cost accounting. Major publications like U.S. News and World Report rank the school’s part-time MBA #22 out of 287 surveyed business programs.

#19 – Florida State University

Online Part-Time MBA

Tallahassee, Florida

Website

Florida State University - 50 Most Affordable Part-Time MBA Programs 2019
Florida State University offers an online part-time MBA that is affordable and accredited.

Graduate Tuition/Fees: $11,553

Whether you are researching MBA programs online or part-time MBA degrees, Florida State University offers options. In fact, FSU offers nearly every type of MBA completion pathway available. Depending on your schedule and needs, accelerated full-time, online part-time, or evening part-time programs are available. Also, for those enrolled in the evening online program, several MBA specializations are offered to help tailor your degree toward areas of interest. These specializations include business analytics, management information systems, real estate, and risk management and insurance. Admission decisions are based on a portfolio of qualifications that include prior academic performance, work experience, letters of recommendation, and entrance exam scores from the GRE or GMAT. The GMAT is the preferred exam. FSU is a highly ranked university. In fact, U.S. News and World Report ranks the part-time MBA program #57 out of 287 surveyed programs.

#18 – North Carolina State University

Professional Evening MBA

Raleigh, North Carolina

Website

North Carolina State University - 50 Most Affordable Part-Time MBA Programs 2019
Affordability! NC State’s professional evening MBA is for working individuals.

Graduate Tuition/Fees: $11,495

One of the most affordable part-time MBA programs on our list is offered by North Carolina State University. NC State’s MBA is designed to fit the needs of working professionals with busy daytime schedules. Students work at their own pace and have up to six years to complete degree requirements. For those wanting to complete their degree earlier, an accelerated pathway allows students to earn their MBA in just 21 months. Courses cover topics like analyzing the value chain, finance and markets, managing the organization, and more. Also, six areas of emphasis allow students to select a concentration and tailor their degree to align with career goals or personal interests. U.S. News and World Report ranks the part-time MBA at NC State #57 out of 287 business programs surveyed.

#17 – University of Iowa

Professional MBA

Iowa City, Iowa

Website

University of Iowa - 50 Most Affordable Part-Time MBA Programs 2019
GMAT or GRE required! University of Iowa – Professional MBA.

Graduate Tuition/Fees: $11,336

MBA programs online or on-campus provide different kinds of flexibility, such as the professional MBA program at University of Iowa. Through the Tippie College of Business, University of Iowa offers an accelerated MBA program that is highly flexible and designed for working professionals. There is also an online option for students who require even more flexibility. MBA courses are taught by university professors. These courses include business analytics, business integration, corporate financial planning, foundations in strategy, managerial finance, and operations and supply chain. Admission to the program requires a bachelor’s degree or higher with a cumulative GPA of at least 2.75 and full-time employment with at least 18 months of professional, full-time work experience. The GMAT or GRE is also required. U.S. News and World Report ranks University of Iowa’s part-time MBA #22 out of 287 surveyed business programs.

#16 – University of Kansas

Online MBA

Lawrence, Kansas

Website

University of Kansas - 50 Most Affordable Part-Time MBA Programs 2019
The online MBA at University of Kansas requires 14 courses.

Graduate Tuition/Fees: $11,027

One of the top schools on our list with the best part-time MBA rankings is University of Kansas. In fact, U.S. News and World Report ranks the institution’s part-time MBA program #65 out of 287 business programs surveyed. There are three completion pathways for the MBA at University of Kansas. The full-time MBA, the working professional MBA, and the online MBA. The online MBA is designed for individuals with obligations that prevent them from taking traditional classes. The online program is structured into 14 courses and 42 credit hours. Courses run eight weeks in length, and graduation is possible in just over two years. Also, there are three available focus areas that allow students to customize their degree. These concentration areas include finance, management and leadership, and marketing.

#15 – University of Georgia

Professional MBA

Athens, Georgia

Website

University of Georgia - 50 Most Affordable Part-Time MBA Programs 2019
Ranked with U.S. News! University of Georgia’s affordable part-time MBA program.

Graduate Tuition/Fees: $10,982

University of Georgia offers a professional MBA that has received part-time MBA rankings with U.S. News and World Report. In fact, U.S. News and World Report ranks the part-time MBA program #52 out of 287 surveyed business programs. The professional MBA takes 23 months and meets on a part-time basis through evening or Saturday classes or online learning. Though a cohort program, students work at their own pace. Flexible classes cover topics like analytical tools for decision making, economic analysis for business leaders, financial accounting and reporting, information technology and strategy, operations management, and strategic management. A minimum of two years of work experience after completing the bachelor’s degree is required for admission. Also, the GMAT or GRE must be taken prior to applying to the program.

#14 – Clemson University

Part-Time Corporate MBA

Clemson, South Carolina

Website

Clemson University - 50 Most Affordable Part-Time MBA Programs 2019
Full-time or part-time MBA programs! Clemson University.

Graduate Tuition/Fees: $10,602

Whether you’re seeking MBA programs online or part-time MBA programs, Clemson University provides options. Students may elect to follow the full-time or part-time corporate MBA pathway, or take classes entirely online through the online MBA program. Certain courses may be waived if the student has completed undergraduate or graduate coursework in business law, finance and accounting, marketing foundations, or statistics. The Clemson MBA also offers electives and emphasis areas to help students customize their degree to fit with career goals. Areas of emphasis include entrepreneurship and innovation management, marketing analysis, services science, or supply chain and information management. U.S. News and World Report ranks Clemson’s part-time MBA program #81 out of 287 surveyed business programs.

#13 – Indiana University

Part-Time MBA

Bloomington, Indiana

Website

Indiana University - 50 Most Affordable Part-Time MBA Programs 2019
#9 in Part-Time MBA Programs – Indiana University.

Graduate Tuition/Fees: $10,564

Indiana University’s part-time MBA is ideal for those seeking MBA part time online programs. Offered through the Kelley School of Business, the flexible MBA offers four areas of specialization designed to help students customize their graduate business degree to align with career goals and interests. These specializations include finance, management and entrepreneurship, marketing, and supply chain management. Courses include analytics, innovation, organizational behavior, and strategy. Students are required to complete 33 credit hours of core courses, six hours of executive skills courses, and 15 credit hours of electives. U.S. News and World Report ranks both the school and its part-time MBA program. In fact, the part-time MBA ranks #9 out of 287 business programs surveyed by U.S. News.

#12 – Iowa State University

Professional MBA

Ames, Iowa

Website

Iowa State University - 50 Most Affordable Part-Time MBA Programs 2019
AACSB-accredited! Iowa State’s professional MBA.

Graduate Tuition/Fees: $10,504

For individuals seeking MBA part time online or traditional programs, Iowa State University offers a professional MBA designed for working individuals. Offered through the Debbie and Jerry Ivy College of Business, the MBA consists of ten core courses and six elective courses. While each cohort takes courses delivered in six-week blocks that meet in the evening, elective courses are delivered on-campus or online. Core courses include financial accounting, financial valuation, organizational behavior, professional responsibility in business and society, and strategic management. The program is AACSB-accredited and ranked with major publications like U.S. News and World Report. In fact, U.S. News ranks Iowa State’s part-time MBA #81 out of 287 surveyed business programs.

#11 – Purdue University

Weekend MBA

West Lafayette, Indiana

Website

Purdue University - 50 Most Affordable Part-Time MBA Programs 2019
Purdue University offers a part-time evening MBA designed for working professionals.

Graduate Tuition/Fees: $9,992

Purdue University’s evening MBA has received part-time MBA rankings from major publications. In fact, U.S. News and World Report ranks the prestigious Purdue weekend MBA #57 out of 287 surveyed business programs. The program is ideally designed for working professionals to whom career and family is important to balance. The blended learning format offers both online and onsite classes, and the degree takes just 21 months to complete. Classes are taught by esteemed faculty. Some of the courses include business analytics, information technology for innovations and competitive advantage, legal and social foundations of management, strategic management, and supply chain management.

#10 – University of Houston

Professional MBA

Houston, Texas

Website

University of Houston - 50 Most Affordable Part-Time MBA Programs 2019
Part-time and online! University of Houston offers variety in MBA programs.

Graduate Tuition/Fees: $9,216

From the professional MBA to MBA programs online, University of Houston offers a wide array of degrees that appeal to working individuals. The part-time professional MBA is one of the most flexible options. The program is designed for working professionals who want to continue in their careers while earning their advanced business degree. The program meets on weekend evenings and takes 22-36 months to complete. Courses include business communication, financial accounting, production and operations management, quantitative analysis for business decisions, and strategic analysis. U.S. News and World Report ranks University of Houston’s part-time MBA #65 out of 287 surveyed business programs.

#9 – Georgia State University

Flex MBA

Atlanta, Georgia

Website

Georgia State University - 50 Most Affordable Part-Time MBA Programs 2019
The flex MBA at Georgia State University takes 24 months to complete.

Graduate Tuition/Fees: $9,148

One of the most affordable part-time MBA programs on our list is the flexible MBA (flex MBA) from Georgia State University. Offered through the J. Mack Robinson College of Business, the MBA program offers both part-time and full-time fast track completion pathways. Programs are self-paced and can be completed in 24 months or as long as three years. Courses required for the program include analytics experience, data driven decision making, financial statement analysis, legal environment – ethics and corporate governance, and strategic business communication. The application process requires an online application, GMAT scores, college transcripts, essays, and letters of recommendation. U.S. News and World Report ranks the school’s part-time MBA #48 out of 287 surveyed programs.

#8 – San Diego State University

Part-Time MBA

San Diego, California

Website

San Diego State University - 50 Most Affordable Part-Time MBA Programs 2019
San Diego State University’s part-time MBA is available in the day or evening.

Graduate Tuition/Fees: $8,924

One of the few AACSB-accredited MBA part time programs is offered by San Diego State University. The program can be completed full time or part time, and classes are available during the day or evening. Courses are taught by experienced professionals and dedicated faculty. These courses include business economics, financial and management accounting, financial management, operations and supply chain management, organizational behavior and leadership, and statistics analysis. There are also a number of MBA concentrations that allow students to tailor their degree toward areas of interest or to align with career goals. These concentrations include accounting, finance, management, and supply chain management, to name a few. In addition to accreditation, the school is also recognized by major publications like U.S. News and World Report. In fact, U.S. News ranks the part-time MBA #81 out of 287 surveyed programs.

#7 – University of Central Florida

Professional MBA

Orlando, Florida

Website

University of Central Florida - 50 Most Affordable Part-Time MBA Programs 2019
24 months! University of Central Florida’s professional part-time MBA.

Graduate Tuition/Fees: $8,872

University of Central Florida’s part-time MBA rankings from U.S. News and World Report land it a spot on our affordable part-time MBA list. The AACSB-accredited MBA program is ideal for working professionals who wish to pursue an MBA without interrupting their careers. The program consists of 39 credits and takes 24 months to complete. Classes explore topics in applied business research tools, economic analysis of the firm, financial statement analysis, law and ethics, organizational behavior and development, and strategic supply chain and operations management. To help pay for the program, fellowships are often awarded on academic merit to highly qualified students. U.S. News and World Report ranks the part-time MBA #89 out of 287 surveyed business programs.

#6 – Oklahoma State University

Part-Time MBA

Stillwater, Oklahoma

Website

Oklahoma State University - 50 Most Affordable Part-Time MBA Programs 2019
Competitive GRE or GMAT scores required! The part-time MBA at Oklahoma State University.

Graduate Tuition/Fees: $8,460

Oklahoma State University offers one of the most affordable part-time MBA programs on our list. The part-time MBA program consists of 42 credit hours designed for individuals wanting to enroll in a graduate business program that does not impact their current career. Self-paced and flexible, the program takes a limited number of students who want to learn while working full-time. Applicants must hold a four-year degree and have competitive GMAT or GRE scores. Classes are delivered online, on-campus, or as a combination of both. Courses include corporate and business strategy, descriptive analytics, ethics, management and organizational theory, and professional development. U.S. News and World Report ranks the institution’s part-time MBA #65 out of 287 surveyed MBA programs.

#5 – Texas State University

Flex MBA

San Marcos, Texas

Website

Texas State University - 50 Most Affordable Part-Time MBA Programs 2019
Texas State University offers a flex MBA designed for professionals.

Graduate Tuition/Fees: $8,449

Texas State University’s MBA part time program is accredited and designed with the working professional in mind. There are no leveling course requirements for entry into this program, and students are accepted from all undergraduate academic disciplines. Several concentration options are also available. These concentrations allow students to customize their degree to align with career goals. Emphasis areas include computer information technology, engineering technology, health administration, human resource management, and international business. Admission to the program requires a complete application and GMAT or GRE test scores. In addition to accreditation, the program has also earned rankings from U.S. News and World Report. In fact, U.S. News ranks the part-time MBA program #99 out of 287 surveyed business programs.

#4 – University of Utah

Professional MBA

Salt Lake City, Utah

Website

University of Utah - 50 Most Affordable Part-Time MBA Programs 2019
AACSB-accredited and designed for rising leaders! University of Utah’s online part-time MBA.

Graduate Tuition/Fees: $8,151

The part-time MBA rankings at the University of Utah, as well as the affordable graduate tuition, earns it a spot on our list. U.S. News and World Report ranks the school’s part-time MBA #44 out of 287 surveyed business programs. The university’s professional MBA is designed for rising business leaders. The program is AACSB-accredited and offers evening classes designed to allow students to maintain work obligations while earning their degree. Two evening classes a week provide a flexible learning schedule. Courses include business ethics, data analysis and decision making, financial accounting, managing and leading in organizations, and operations management. There are also several graduate certification options available in business analytics, business studies and healthcare, and information systems.

#3 – University of Alabama

Online Part-Time MBA

Birmingham, Alabama

Website

University of Alabama - 50 Most Affordable Part-Time MBA Programs 2019
University of Alabama’s online part-time MBA is accredited and ranked.

Graduate Tuition/Fees: $8,100

One of the most affordable part-time MBA programs on our list is offered through University of Alabama’s Collat School of Business. The program is accredited by AACSB International and highly affordable, especially for in-state students. Required curriculum consists of 36 credit hours. Also, several concentrations are offered so that students may tailor their degree toward areas of interest or to fit with career goals. Some of the required courses include accounting and finance for managers, corporate governance, data science for business, information security management, and strategic cost analysis and decision making. Admission to the program requires an earned bachelor’s degree from a regionally accredited institution and GMAT scores sent directly from the testing agency. U.S. News and World Report ranks the school’s part-time MBA #65 out of 287 surveyed graduate business programs.

#2 – University of Oklahoma

Professional MBA

Oklahoma City, Oklahoma

Website

University of Oklahoma - 50 Most Affordable Part-Time MBA Programs 2019
University of Oklahoma offers a self-paced affordable part-time MBA program.

Graduate Tuition/Fees: $7,463

University of Oklahoma’s affordability and part-time MBA rankings with U.S. News and World Report earn it a top spot on our list. The self-paced program allows students to take a course load that fits with work and life obligations. In as little as two years students may earn their degree. If your current schedule demands more time, the program allows up to five years to earn your degree. Courses include corporate finance, financial accounting, managerial economics, and strategic management. Admission to the program requires applicants complete an online application, provide official transcripts, and offers GMAT scores. U.S. News and World Report ranks the part-time MBA program at University of Oklahoma #52 out of 287 surveyed business programs.

#1 – University of New Mexico

Part-Time MBA

Albuquerque, New Mexico

Website

University of New Mexico - 50 Most Affordable Part-Time MBA Programs 2019
#1 most affordable part-time MBA program – University of New Mexico.

Graduate Tuition/Fees: $6,258

The most affordable part-time MBA program on our list is offered by University of New Mexico. The Anderson MBA provides a flexible and accredited MBA program designed for working professionals. Students may choose from two completion pathways: Focused MBA, which consists of 43 credit hours, or the accelerated MBA, which requires 37 credit hours. Customizing the degree is also possible, as the program offers several concentrations in areas like accounting, entrepreneurial studies, finance, and marketing. Core MBA courses include data driven decision making, financial accounting and analysis, managerial economics, managing people in organizations, and perspectives on management and careers. To qualify for the program, applicants must hold a bachelor’s degree from a regionally accredited institution, have an undergraduate GPA of 3.0 or better, and submit GMAT or GRE scores of at least 500. U.S. News and World Report ranks the institution’s part-time MBA #74 out of 287 surveyed business programs.

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Frequently Asked Questions

What can I do with a part-time MBA degree?

MBA graduates are in demand. The Bureau of Labor Statistics (BLS) reports a favorable job outlook for individuals with MBAs. But what can you do with a part-time MBA degree?

Jobs for individuals with MBA degrees are available in nearly every industry, from healthcare and education to finance and information technology. According to U.S. News and World Report, there are five hot jobs for MBA graduates in 2019, thanks to a steady and strong economy and corporate hunger for quality data analysis. As a result, business schools are seeing a record number of job placements following graduation.

Some of the most popular jobs for MBA graduates, according to U.S. News, include financial consultants, financial managers, medical and health services managers, product managers, and product marketing managers and brand marketing managers. These perennial positions require graduate study in business administration. Thankfully, having an MBA will qualify you for these job roles.

In fact, any industry where business, finance, and analytics are important, individuals with MBA degrees will find the best job prospects. Also, students who have elected to focus on a specialization while earning the part-time MBA will be able to showcase their skills to potential employers. Concentrations allow students to stand out among competition by showing a specialized skillset in addition to the general MBA.

How much can I earn with a part-time MBA degree?

According to PayScale, a global compensation research and data collection organization, the average salary for an individual with an MBA is $85,000. This number includes bonuses, tips, and salary. Job title and industry impacts the average salary, as do years of experience.

After surveying a pool of 1,624 financial analysts, PayScale determined the average salary was $62,632. Senior financial analysts earned an average salary of $80,852. There were over 1,600 senior financial analyst salaries examined. Project managers earn an average salary of $83,024 after reviewing 1,461 compensation profiles.

The highest earners were chief financial officers. PayScale surveyed 1,383 CFOs to determine the average salary of $146,343.

Job experience directly impacts earnings for individuals with an MBA. PayScale found that the more experience an individual has, the higher their earnings. Individuals with an MBA and less than one year of work experience earned an average salary of $53,072. Individuals with up to four years of work experience earned an average salary of $60,930. MBA holders with five to nine years of experience earned $79,133, and those with ten to nineteen years of experience earned an average salary of just over $100,000. The highest earners, as expected, had more than twenty years of experience and earned an average salary of $119,997.

What is the job outlook for individuals with a part-time MBA degree?

According to the United States Department of Labor’s Bureau of Labor Statistics (BLS) – Occupational Outlook Handbook, employment of business and financial occupations is projected to grow 10 percent through 2026. This is a faster growth rate than all other occupations.

BLS reports globalization, a growing and thriving economy, and a complex tax and regulatory environment are anticipated over the next several years, leading to a strong demand for accountants, auditors, and business professionals. Also, an increasing usage of data and market research is expected in order to analyze consumer behavior and product demand. As a result, a greater emphasis will be placed on marketing strategies.

As the economy grows, more financial and business occupations will arise. But as jobs become available, competition will increase. To make sure you are in line with your competition, an MBA will showcase your advanced business skillset to employers.

Experience will be required for management and executive-level jobs in business and finance. Thankfully, part-time MBA programs allow students to work while earning their graduate business degree. An MBA will also be needed for career advancement, as competition increases and more qualified candidates compete for jobs.

How can I pay for my part-time MBA degree?

By the time a person finishes college, debt may already be accumulated, so the choice to return to school for a part-time MBA requires careful consideration. When making the decision to go back to school, smart strategies can save you a lot of money.

The first strategy to paying for your part-time MBA is to ask your employer to pay for graduate school. Companies and organizations looking to improve their employee skillset will consider providing tuition reimbursement. In fact, some companies offer tuition reimbursement as one of their benefits. These companies may require that the coursework coincide with the employee’s existing job role. For example, business and tax courses for an accountant would be considered appropriate, and the company would most likely pay for these classes. There are tax incentives for companies and organizations to provide tuition reimbursements for employees. In fact, over $5,000 of the tuition assistance qualifies as a tax-free benefit.

Other ways to pay for graduate school include securing graduate school scholarships and working for the school as a research or teaching assistant. Many programs offer assistantships that cover part of the tuition or pay a periodic stipend in exchange for research or instruction in the classroom.

Paying for graduate school requires creative strategy, but opportunities are available.

How long does it take to earn a part-time MBA degree?

Completion time for any MBA program varies, but the traditional MBA takes approximately 24 months to complete. Part-time programs can require more time, as students are working at a pace that allows them to tend to outside obligations or work. From our list of the 50 most affordable part-time MBA programs, the average length of time to earn the degree is 24 to 36 months.

As with any part-time graduate programs, several factors impact completion time. For example, having transfer credits can impact the number of courses you are required to take. Some programs will accept credits earned at another institution. The institution should be regionally accredited in order to qualify for credit transfer to one of the schools on our list. Also, while some programs may accept transfer credit, they will only accept a certain number. It is not uncommon for a program to put a cap on how many credits they will accept and apply to your degree. If you think you will have credits to transfer toward your part-time MBA, be sure to check with the program to confirm acceptance of your credits.

Summer enrollment also impacts a program’s length. While part-time MBA programs require part-time attendance, some school allow students to take graduate courses in the summer. Depending on the program’s structure, taking classes in the summer may cut time off of earning your degree.

BCO Staff
April 2019

Related:

This concludes our list of the 50 most affordable part-time MBA programs of 2019.