Online MBA programs are very popular, and tens of thousands of students enroll in business schools for an online MBA program each year. But affordability is a key factor when choosing the right master of business administration program. According to Investopedia, an on-campus MBA program’s average cost can be between $100,000 to $200,000. An online master of business administration program is not any cheaper, either. The tuition fee of online MBA programs is usually very similar to on-campus MBA programs. That said, getting an online MBA degree should not be back-breaking for MBA students, which is why the expert team at OMC has researched hundreds of online MBA programs and created a list of the cheapest online MBA programs in the U.S. This guide covers all there is to know about affordable MBA online programs and lists out some of the cheapest ones offered by top business schools.
An online master can be an expensive pursuit. Therefore, while doing a school search for the best online MBA programs, it is imperative to find trusted partner programs that are affordable, yet offer the same quality as more expensive offerings.
Here is a list of the most affordable MBA programs online:
A good business education program is meant for prospective students who lack too much work experience but want to master business strategy, as well as for experienced business professionals who wish to advance their careers in the world of business administration. All online MBA degrees help students gain holistic business skills in a variety of areas and graduate with the ability to make informed decisions, and data-driven business decisions. Online MBA students can choose from a wide range of core courses and focus areas, including but not limited to – international business, project management, healthcare management, marketing management, accounting analysis, financial management, business analytics, business research, global strategic management, management information systems, operations management, strategic management, business statistics, managerial finance, and more. Online MBA degrees can come in several different formats, such as entirely on-campus, entirely online, and hybrid, all of which can prepare students to take on a plethora of careers upon successfully earning a degree and becoming MBA graduates.
There are several advance collegiate schools of business that offer affordable MBA online degrees. The cheapest one that offers a good online MBA program is Fitchburg State University.
Pursuing an online MBA program can help prospective students gain holistic business skills in areas such as operations management, managerial finance, international business, organizational behavior, project management, financial management, etc. The knowledge and skills gained from an MBA degree can help a graduate master business strategy, and enable them to make data-driven business decisions. MBA graduates generally advance in their careers as business professionals and command higher pay packets as well. Read more about why an online MBA degree is of immense value, here.
Many advance collegiate schools of business generally offer some kind of financial assistance for their master of business administration program students. However, there is also plenty of outside financial assistance that is available to MBA students. Read more about financial assistance on the best Financial Aid guide.
The expert team at OMC followed a methodology in determining which the most affordable online MBA programs in the country are. This methodology included the below key factors:
Considering all these factors, here are the top 25 affordable online MBA programs:
<a href="https://www.onlinemasterscolleges.com/affordable-online-mba-programs">Affordable Online MBA Programs</a>
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Fitchburg State University (Fitchburg State) is a public university out of Fitchburg, Massachusetts. Fitchburg State has more than 7,500 students enrolled in various programs. Fitchburg State has a robust online masters programs, including an affordable online MBA program. Fitchburg State’s online MBA program is most affordable because:
Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available
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