25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (2024)

An MBA (Master’s of Business Administration) is amongst the most popular of graduate college degrees, and with good reason: constant demand in the job market for the skills and knowledge gained. (Approximately 23-25% of masters degrees granted by Title IV institutions between academic years 2009-10 and 2017-18, inclusive, were in business, including but not limited to MBAs.)

At the very least, graduates of an MBA program will gain advanced leadership and management skills, and a deeper understanding of business practices and operations. An MBA also opens up many opportunities for career advancement, greater job responsibilities, and higher earnings.

Regardless of why you’re interested in an MBA, with an online MBA program, no longer do you have to necessarily give up working while completing your degree – especially in a part-time program. This college review list looks at 25 of the most affordable online or hybrid MBA degree programs available.

Article data comes from three sources: NCES (National Center for Education Statistics); IPEDS (Integrated Postsecondary Education Data System) Data Center; individual college websites. The first two sources are maintained by the Dept. of Education and may be 1-2 years behind the third source. Always refer to a college’s website for details, or contact the admissions department.

This is a partial list of terminology and acronyms used in this article.

This is a list of common name variations of the degree as used by universities.

25. University of Nevada-Reno

Online Executive MBA (EMBA)

Reno, Nevada

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (1)

University of Nevada-Reno (UNR, est. 1874) is a public institution offering high-value bachelor’s through doctorate degrees, plus certificate programs. UNR has one inexpensive online MBA, which is ranked in both The Princeton Review and USNWR business program review lists, and is aimed at current executives and other business professionals.

This is a top-value, 36-credit, online Executive MBA (EMBA) degree consisting of 12 courses taking two years, with a Fall start date. Each academic year consists of three semesters, with 12-week course sessions. One more proctored exams will be taken per course. Core courses make up 21 credits of the curriculum, while breadth courses make up the remaining 15 credits of the program.

Sample core online courses include: Statistics for Decision Making; Production/Operations Management; Financial Reporting and Analysis. Alternatively, UNR offers a graduate minor in Business Administration.

Additional Information

  • Cost: $30000 (estimated in-state program cost)
  • #students: 21463
  • #grads: 3533
  • Affiliation: Nevada System of Higher Education
  • Has housing: Yes
  • Accreditation: Northwest Commission on Colleges and Universities

24. University of Wyoming

Online MBA

Laramie, Wyoming

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (2)

University of Wyoming (UW, est. 1886) is a public institution offering low-cost bachelor’s through doctorate degrees, plus certificate programs. UW has one top affordable online MBA program, aimed at professionals wanting to build their skills in decision-making and problem-solving in various sectors.

This is an affordable, AACSB International-accredited, cohort-based, fully online degree delivered by the College of Business. The online MBA program takes two years part-time and has two start dates yearly (Fall, Spring). The General track requires 30 credits, while the concentration in Energy Management requires 39 credits.

Sample core online courses include: Financial Accounting; Business Research Methods; Financial Management.

Additional Information

  • Cost: $24810 (estimated in-state program cost)
  • #students: 12450
  • #grads: 2452
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

23. Fayetteville State University

Business Administration (MBA)

Fayetteville, North Carolina

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Fayetteville State University (FSU, est. 1867) is a public HBCU offering inexpensive bachelor’s through doctorate degrees, plus certificate programs. FSU has one low-cost, online Master of Business Administration program. It has ranked on USNWR’s Best Online MBA Programs list, and claims the title of the most affordable MBA tuition in the highly-regarded UNC System.

This is a high-value, 36- to 39-credit, AACSB-accredited, online degree offered by the Broadwell College of Business and Economics. Core courses make up 27 credits, while elective/ concentration courses make up 9-12 credits. Students can choose from four certificates (Business; Cyber Security Management; Healthcare Management; Project Management), or several concentration options:

  • General
  • Business Intelligence and Data Analytics
  • Entrepreneurship
  • Finance
  • Healthcare Management
  • International Business
  • Management
  • Marketing
  • Project Management
  • Supply Chain Management

Sample core online courses include: Business and Society; Managerial Accounting; Managerial Economics. Completion of a capstone project is part of the requirements.

Additional Information

  • Cost: $24484.15 (estimated in-state program cost)
  • Designation: HBCU
  • #students: 6318
  • #grads: 845
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

22. New Mexico State University

Master of Business Administration

Las Cruces, New Mexico

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (4)

New Mexico State University (NMSU, est. 1888) is a public institution offering high-quality associate’s through doctorate degrees, plus certificate programs. NMSU has one cheap distance MBA program. Students build their understanding of accounting, business law, economics, finance, information systems, management, marketing, and more.

This is a best-value, 36-credit, AACSB International-accredited, hybrid MBA degree offered by the College of Business. It consists of online asynchronous courses, synchronous zoom sessions, and two on-campus requirements of 2- and 3-day sessions. The online MBA program timeline is two years, and students have the following track options: General; Agribusiness; Finance; Information Systems; Public Utility Regulations.

Sample core online courses include: Accounting for Managers; Business Information Systems; Legal Environment of Business. Students can transfer in up to nine qualified grad credits.

Additional Information

  • Cost: $23814 (estimated in-state program cost)
  • #students: 14289
  • #grads: 2602
  • Affiliation: New Mexico State University System
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

21. Warner University

Master of Business Administration

Lake Wales, Florida

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Warner University (Warner, est. 1968) is a private, nonprofit institution offering top-value associate’s through master’s degrees, plus certificate programs. Warner has one the cheapest online MBA programs. Students will build an understanding of various functional areas of business.

This is a low-cost, 36- to 39-credit, online degree that integrates a Christian worldview into the instruction. Students can choose the standard track (36cr), or from two concentrations: Accounting (36cr); Human Resource Management (39cr). A Good Start track is available for students with no undergrad business background.

Sample core online courses include: Management Information Systems; Marketing Management; Human Resource Management.

Additional Information

  • Cost: $21060 (estimated in-state program cost)
  • #students: 1116
  • #grads: 206
  • Affiliation: Church of God
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

20. Delaware State University

Master of Business Administration, MBA

Dover, Delaware

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Delaware State University (DSU, est. 1891) is a public institution offering affordable bachelor’s through doctorate degrees, plus certificate programs, and serves students on two campuses plus online. DSU has one low-cost online MBA program. It builds the necessary skills for management and leadership “in the new economy.”

Delivered by the College of Business, this is a high-value, 30-credit, AACSB-accredited, online degree that has recently ranked in The Princeton Review’s Best Business Schools list. The online MBA program accepts both part-time and full-time students, and has an accelerated full-time option as well. Track/ concentration options include: General (electives); Business Analytics; CPA; Finance; Information Systems.

Sample core online courses include: Accounting for Decision Making; Organizational Leadership and Behavior; Marketing Management.

Additional Information

  • Cost: $20700 (estimated in-state program cost)
  • Designation: HBCU
  • #students: 4586
  • #grads: 378
  • Has housing: Yes
  • Accreditation: Middle States Commission on Higher Education

19. Bakke Graduate University

Online Executive MBA

Dallas, Texas

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Bakke Graduate University (BGU, est. 1990) is a private, nonprofit institution offering best-value master’s and doctorate degrees. BGU has one affordable MBA program available online. This online MBA program is aimed at current mid-level organizational leaders, and develops entrepreneurial leadership styles based on the principles discussed in the book Joy at Work, by Dennis Bakke.

This is a high-quality, 36-credit, online degree expected to take two years. It offers five tracks/ concentrations: General (electives instead of concentration courses); Entrepreneurship; Personal Leadership Development; Project Management; Social Transformation. It integrates a stewardship mindset and incorporates a Christian worldview applied to business topics.

Courses run nine weeks each, and core courses include: Vision, Values, and Culture; Ecology and Sustainability; Global Economics and Wealth. A capstone project is part of the curriculum.

Additional Information

  • Cost: $18600 (estimated in-state program cost)
  • #students: 81
  • #grads: 81
  • Has housing: No
  • Accreditation: Transnational Association of Christian Colleges and Schools, Accreditation Commission

18. Tennessee Wesleyan University

Master of Business Administration

Athens, Tennessee

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (8)

Tennessee Wesleyan University (TWU, est. 1857) is a private, nonprofit institution offering top-value bachelor’s and master’s degrees. TWU has one of the least expensive online MBA programs. It is designed for professionals looking for career advancement, whether in business, education, government or non-profit sectors.

This is an affordable, 30-credit, 100% online degree delivered by the Goodfriend School of Business. The online MBA program consists of 10 asynchronous courses and takes 12 months full-time or 24 months part-time. It offers two concentrations: Accounting; Management. Contact the school for curriculum information.

Additional Information

  • Cost: $15000 (estimated in-state program cost)
  • #students: 1008
  • #grads: 31
  • Affiliation: United Methodist Church
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

17. Virginia Wesleyan University

Master of Business Administration

Virginia Beach, Virginia

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Virginia Wesleyan University (VWU, est. 1961) is a private, nonprofit institution offering bachelor’s and master’s degrees. VWU is a military-friendly, Yellow Ribbon School that has earned accolades, including G.I. Jobs’ Military Friendly School award (2018). VWU has one of the lowest-cost online MBA programs. It is designed for professionals who seek leadership roles in the current high-tech, global marketplace.

This is an inexpensive, 30-credit, fully online degree with no GMAT requirement. The online MBA program consists of 10 courses and takes at least 12 months. VWU describes this program as being based on four major pillars, which incorporate responsible management, skills and knowledge for a global economy, advanced management practices, and ethical practices in global commerce.

Sample core courses include: Accounting Information and Management Decisions; Operations Management and Decision Making; Ethical Management in a Global Environment.

Additional Information

  • Cost: $14970 (estimated in-state program cost)
  • #students: 1437
  • #grads: 86
  • Affiliation: United Methodist Church
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

16. West Liberty University

Master of Business Administration (MBA)

West Liberty, West Virginia

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (10)

West Liberty University (WLU, est. 1837) is a public institution offering best-value associate’s through master’s degrees. WLU has one cheap online MBA program. In it, students will enhance their “core business competencies,” ideal for leadership/ management careers.

This is a high-quality, 30-credit, online degree delivered by the Gary E. West College of Business. The curriculum consists of 10, 7-week accelerated courses. The online MBA program offers three concentrations: Forensic Accounting; Healthcare Management; Management.

Sample core online courses include: Information Technology Management; Global Economics; Integrative Marketing Management.

Additional Information

  • Cost: $13800 (estimated in-state program cost)
  • #students: 2526
  • #grads: 301
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

15. Chadron State College

Master of Business Administration

Chadron, Nebraska

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Chadron State College (CSC, est. 1911) is a public institution offering low-cost bachelor’s and master’s degrees. CSC has one inexpensive online MBA program. It is intended for “supervisory and mid-level managers,” and builds the student’s knowledge of accounting, business management, finance, information management systems, marketing, and more.

This is an affordable, 36-credit, ACBSP-accredited, fully online degree (or choice of hybrid) consisting of 27 credits in core courses and 9 credits in electives (in accounting, business, economics, finance, management or marketing). Up to nine qualified grad credits can be transferred in. Semesters consist of two 8-week sessions. The MBA program timeline is two years, based on graduate course rotations.

Sample core courses include: Managerial Accounting; Information Systems for Managers; Managerial Economics.

Additional Information

  • Cost: $13680 (estimated in-state program cost)
  • #students: 2448
  • #grads: 528
  • Affiliation: Nebraska State College System
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

14. Texas A&M University-Kingsville

Online MBA

Kingsville, Texas

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (12)

Texas A&M University-Kingsville (TAMUK, est. 1925) is a public institution offering top-value bachelor’s through doctorate degrees, plus certificate programs. TAMUK has one of the cheapest AACSB online MBA programs. It is aimed at working professionals wanting to expand their leadership and management skills for career advancement or enhancement.

This is a low-cost, 30-credit, AACSB-accredited, online degree delivered by the College of Business Administration. Classes are approximately 30 students, and the program takes at least 12 months. The curriculum consists of 21 credits of core courses and three courses from electives or certificates. Five certificate options are available: Business Analytics; Collaboration and Team Dynamics; Energy Finance and Logistics; Health Informatics; Managing People in the Global Enterprise. Note: TAMUK has a temporary waiver of GMAT/ GRE scores requirement for students with an undergrad GPA of 3.0 or higher.

Sample core online courses include: Economics and Managerial Decision Making; Information Systems and Business Analytics; Marketing Management and Value Creation.

Additional Information

  • Cost: $12700 (estimated in-state program cost)
  • #students: 8541
  • #grads: 1565
  • Affiliation: Texas A&M University System
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

13. Fitchburg State University

Online MBA

Fitchburg, Massachusetts

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Fitchburg State University (FSU, est. 1894) is a public institution offering bachelor’s and master’s degrees, plus certificate programs. FSU has one of the least expensive accredited online MBA programs. It is designed for professionals seeking any of a variety of leadership roles, whether executive or front-line management.

This is an affordable, 30-credit, IACBE-accredited, 100% online degree consisting of 10 courses and taking at least 12 months. It offers six MBA options:

  • Accounting
  • Healthcare Management
  • Human Resources Management
  • Management
  • Marketing
  • Supply Chain Management

Sample core courses vary by concentration and include: Organizational Behavior and Development; Management Information Systems; Marketing Management.

Additional Information

  • Cost: $12510 (estimated in-state program cost)
  • #students: 7199
  • #grads: 3036
  • Has housing: Yes
  • Accreditation: New England Commission of Higher Education

12. Northeastern State University

Master of Business Administration in Business Administration (MBA)

Tahlequah, Oklahoma

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Northeastern State University (NSU, est. 1909) is a public institution offering economical bachelor’s through doctorate degrees, plus certificate programs. NSU has one low cost online MBA program. It is aimed at students wanting to gain the skills necessary to solve business problems in a leadership role.

This is an economical, 36-credit, ACBSP-accredited, online degree delivered by the Director of Business and Technology Graduate Studies It consists of eight core courses and four electives, and typically takes two years. The online MBA program offers eight concentrations:

  • Business Analytics
  • Environmental, Health and Safety Management
  • General Management
  • Healthcare Administration
  • Healthcare Informatics
  • Long Term Care
  • Managerial Accounting and Finance
  • Native American Enterprise

Sample courses include: Analysis for Decision Making; Information Systems Management; Logistics and Supply Chain Management.

Additional Information

  • Cost: $12348 (estimated in-state program cost)
  • #students: 7879
  • #grads: 1167
  • Affiliation: Regional University System of Oklahoma
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

11. Fort Hays State University

Master of Business Administration, MBA

Hays, Kansas

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Fort Hays State University (FHSU, est. 1902) is a public institution offering high-value associate’s through doctorate degrees, plus certificate programs. FHSU has one cheap online MBA program. It is intended for students seeking to increase their management skills to achieve organizational goals.

This is a high-quality, 34-credit, online degree offering a dozen concentrations, plus a General track:

  • Corporate Communication
  • Digital Marketing
  • Finance
  • Health Care Management
  • Health and Human Performance/ Sports Management
  • Human Resource Management
  • Information Assurance
  • International Business
  • Leadership Studies
  • Management Information Systems
  • Marketing
  • Tourism and Hospitality Management

Sample core courses include: Advanced Managerial Accounting; Marketing Management; Information Systems for Management.

Additional Information

  • Cost: $11900 (estimated in-state program cost)
  • #students: 15523
  • #grads: 2743
  • Affiliation: Kansas Board of Regents
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

10. Southeastern Oklahoma State University

Master of Business Administration, MBA

Durant, Oklahoma

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Southeastern Oklahoma State University (SOSU, est. 1909) is a public institution offering affordable bachelor’s and master’s degrees, plus certificate programs. SOSU has one low-cost online MBA degree. This is a flexible MBA program suited to people seeking leadership roles in any of several niches, including entrepreneurship.

This is a 36-credit, online degree with 15 tracks/ concentrations:

  • General Business
  • Accounting
  • Aerospace Logistics
  • Data Analytics
  • Entrepreneurship
  • Finance
  • Healthcare Information Systems
  • Human Resources
  • Management
  • Marketing
  • Native American Leadership
  • Project Management
  • Safety
  • Strategic Communication
  • Women in Leadership

Sample core courses include: Behavioral Management; Management Economics; Accounting for Managers.

Additional Information

  • Cost: $11880 (estimated in-state program cost)
  • #students: 4542
  • #grads: 1398
  • Affiliation: Regional University System of Oklahoma
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

9. Western New Mexico University

Master of Business Administration

Silver City, New Mexico

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Western New Mexico University (WNMU, est. 1893) is a public institution offering associate’s through master’s degrees, plus certificate programs. WNMU offers one of the more inexpensive MBA programs available online. The program is aimed at professionals seeking management generalist careers in government or private sector.

This is a best-value, 36-credit, ACBSP-accredited, fully online degree delivered by the School of Business and Economics. It offers five tracks: General; International Business, Management Information Systems; Healthcare Administration; Instructional Technology and Design. The online MBA program is expected to take at two years part-time and has three start dates yearly.

The curriculum consists of 11 core courses and one elective. Sample core courses include: Social Responsibility and Business Ethics; Managerial Accounting for Managers; Management and Organizational Theory.

Additional Information

  • Cost: $11792.52 (estimated in-state program cost)
  • #students: 3248
  • #grads: 1003
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

8. Wayne State College

Online MBA

Wayne, Nebraska

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Wayne State College (WSC, est. 1910) is a public institution offering top-value bachelor’s and master’s degrees, plus certificate programs. WSC has one of the most affordable online MBA programs.

This is a low-cost, 30-credit, non-thesis, IACBE-accredited, 100% online degree with no thesis requirement, delivered by the School of Business and Technology. It offers two tracks: General, or a focus in Public Accounting. (Note: online tuition is the same regardless of a student’s state of residency.)

Sample core courses include: Financial Administration; Managerial Communications; Decision Science.

Additional Information

  • Cost: $11400 (estimated in-state program cost)
  • #students: 3633
  • #grads: 658
  • Affiliation: Nebraska State College System
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

7. Missouri State University

Master of Business Administration

Springfield, Missouri

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Missouri State University (MSU, est. 1905) is a public institution offering inexpensive bachelor’s through doctorate degrees, plus certificate programs. MSU has one of the lowest-cost online MBA degree programs. Students build upon their management and team work skills.

This is a best-value, 33-credit, AACSB-accredited, fully online degree offered by the College of Business. The curriculum consists of 24 credits of core courses and 9 credits of electives. (Note: online tuition is the same for in- and out-of-state students.) The online MBA program builds the management and teamwork skills necessary for business leadership roles.

Sample core courses include: Managerial Accounting; Management Information Systems; Advanced Financial Management.

Additional Information

  • Cost: $11220 (estimated in-state program cost)
  • #students: 23697
  • #grads: 3559
  • Affiliation: Missouri State University System
  • Has housing: Yes
  • Accreditation: Higher Learning Commission

6. North American University

Master of Business Administration, MBA

Stafford, Texas

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North American University (NAU, est. 2007) is a private, nonprofit institution offering best-value bachelor’s and master’s degrees, plus certificate programs. NAU has one cheap MBA program, which builds analytical and leadership skills.

This is an inexpensive, 30-credit, online degree with no GMAT requirement. It offers four concentrations: Business Analytics; Leadership and Change Management; Healthcare Management; Operations Management. Students build upon their knowledge of accounting, economics, finance, management, etc.

Sample core courses include: Managerial Economics; Managerial Accounting and Budgeting; Marketing Management.

Additional Information

  • Cost: $11150 (estimated in-state program cost)
  • #students: 558
  • #grads: 275
  • Has housing: Yes
  • Accreditation: Accrediting Commission of Career Schools and Colleges

5. Texas A&M University San Antonio

Master of Business Administration, MBA

San Antonio, Texas

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Texas A&M University-San Antonio (TAMUSA, est. 2009) is a public institution offering economical bachelor’s and master’s degrees. TAMUSA has one of the cheapest accredited online MBA programs. The online MBA program is suited to students seeking executive management positions in government, non-profits or business.

This is a high-value, 31-credit degree offered by the College of Business, with a choice of hyflex or hybrid format, the latter of which requires 2.5 hrs/wk on-campus. The curriculum consists of 10 courses (including two electives) and capstone exit exams. At the time of writing, this college has applied for AACSB accreditation. For Fall 2020 applicants, the GMAT scores requirement has been waived.

Sample core courses include: Managerial Economics; Managerial Finance; Managerial Business Statistics.

Additional Information

  • Cost: $10730 (estimated in-state program cost)
  • #students: 6557
  • #grads: 854
  • Affiliation: Texas A&M University System
  • Has housing: No
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

4. Texas A&M University-Central Texas

Master of Business Administration

Killeen, Texas

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Texas A&M University-Central Texas (TAMUCT, est. 1999) is a public institution offering affordable bachelor’s and master’s degrees. TAMUCT has one of the cheapest online/ hybrid Master of Business Administration programs. Students build the skills necessary for organizational problem-solving, promoting initiatives, etc.

This is a top-value, 30- to 36-credit, ACBSP-accredited, online degree offered by the College of Business Administration. It offers five tracks/ Emphasis areas: General; Computer Information Systems; Human Resource Management; Management; Healthcare Administration. (Additional Emphasis options are on-campus only.) The General track is 30 credits, while the Emphasis options are 36 credits each. This online MBA program is ranked in the top 50 for veterans by USNWR. Students gain skills for solving organizational issues, promoting strategic initiatives, and more.

Sample core courses include: Accounting and Management; Management Information Systems; Financial Management.

Additional Information

  • Cost: $10557 (estimated in-state program cost)
  • #students: 2464
  • #grads: 551
  • Affiliation: Texas A&M University System
  • Has housing: No
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

3. University of Texas of the Permian Basin

Master of Business Administration Accelerated Online

Odessa, Texas

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University of Texas of the Permian Basin (UTPB, est. 1973) is a public institution offering high-value bachelor’s and master’s degrees, plus certificate programs. UTPB has one low cost online/ hybrid Master of Business Administration program. The onlnine MBA program builds “performance-based knowledge and people-focused leadership skills.” It ranks in third place in our list of best affordable online MBA programs.

This is a 30- to 33-credit, AACSB-accredited, fully online degree requiring at least 12 months. It offers two tracks: General (30cr) and a Finance concentration (33cr, 15 months), both of which are Accelerated. Note that the program website indicates differing tuition dependent on where a grad student completed their undergrad business degree.

Sample core courses include: Accounting Analysis; Financial Management; Production and Operation Management.

Additional Information

  • Cost: $10080 (estimated in-state program cost)
  • #students: 5834
  • #grads: 1090
  • Affiliation: University of Texas System
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

2. Texas A&M International University

Master of Business Administration, MBA

Laredo, Texas

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Texas A&M International University (TAMIU, est. 1969) is a public institution offering high-value bachelor’s through doctorate degrees. TAMIU has one of the least expensive online MBA programs. It is particularly suited to students interested in international business, finance or trade. The program earns second place in our list of best value MBA programs.

This is a low-cost, 30-credit, AACSB-accredited, online degree offered by the A.R. Sanchez, Jr. School of Business. It takes at least 15 months, and offers five tracks/ concentrations: International Banking and Finance; International Business; International Trade and Logistics; Management; Negocios Internacionales en Español.

Sample core courses include: Business Research Methods; Strategic Management; Financial Statement Analysis.

Additional Information

  • Cost: $10074.3 (estimated in-state program cost)
  • #students: 7884
  • #grads: 892
  • Affiliation: Texas A&M University System
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

1. Georgia Southwestern State University

Online Master of Business Administration

Americus, Georgia

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Georgia Southwestern State University (GSW, est. 1906) is a public institution offering bachelor’s and master’s degrees, plus certificate programs. GSW has one cheap online MBA program. It is the cheapest college for an online MBA in this list, coming in first in our review of master of business administration online programs.

This is a high-quality, 30- to 36-credit, AACSB-accredited, online degree offered by the School of Business and Administration within the College of Business and Computing. It is designed for students seeking management skills that cover ethics, finance, international business, management, and marketing. This online MBA program is designed to be completed in two years.

Sample core courses include: Managerial Economics; Marketing Management; Advanced Business Finance.

Additional Information

  • Cost: $9252 (estimated in-state program cost)
  • #students: 2907
  • #grads: 440
  • Affiliation: University System of Georgia
  • Has housing: Yes
  • Accreditation: Southern Association of Colleges and Schools, Commission on Colleges

Frequently Asked Questions

Still have questions about an online Master’s of Business Administration degree? We’ve answered some of the more popular questions below.

Types of Programs

  • Full-time vs Part-time: Any given online MBA programs might be full- or part-time, sometimes both, with the latter making it easier to continue working while studying — or to fulfill any other time-restricting obligations.
  • Hybrid vs Fully Online: Fully/100% online programs offer online courses with no on-campus or other in-person requirements (e.g., field work, apprenticeships, thesis defense, etc.). Hybrid programs offer online courses but have some in-person requirements. Blended programs have a mix of online and in-person courses, and may have in-person requirements.
  • Synchronous vs Asynchronous: Synchronous courses are broadcast/ streamed at a predetermined time, requiring live attendance, albeit remotely. Asynchronous classes might have a live session but are archived and available on-demand, at the student’s convenience.

Admission Requirements

Cost

MBA program costs can vary greatly from college to college. Programs listed in this article range from about $9.5K to $30K, though others may be less or even as high as $60K. Institutions vary on how program cost is calculated. Here are some of the ways:

  • Flat rate per course credit, plus mandatory per-credit/ per-semester fees.
  • Flat rate per semester, plus mandatory fees.
  • Flat rate for the whole program, with mandatory fees included.
  • Variable rate based on number of credits taken per semester, sometimes with a cap after a certain quantity (e.g., lower per-credit rate).
  • Subsidized. Example: A graduate military academy may cover student costs; however, competition for such schools is very high.

Note: All degree programs have fees, but some may have mandatory per-course and/or per-semester fees. There may be additional fees as well, possibly waivable.

If you need financial assistance, look into FAFSA federal student loans for graduate programs. If you’re employed, your employer may have education initiatives. If they’re willing to cover your costs, whether up front or a later reimbursement, either way it essentially amounts to free college tuition.

GRE and GMAT

The GRE and GMAT are two popular student assessment tests for graduate program admission. More MBA schools than not probably require scores for one of these tests from applicants. The GMAT is more traditional, given that it was designed specifically for graduate business school admission, while the GRE is a general graduate entrance exam.

Application Process

Each B-school has a slightly different process, although here is summary of common steps, approximately in order:

  1. Prepare for entrance exams. The GMAT is recommended for MBA programs; however, the GRE is suitable for any grad subject. Some schools also require scores from a test of English language proficiency (such as TOEFL), if you are not born in an English-speaking country. Check with your schools of interest for waiver options.
  2. Register for and take an entrance exam.
  3. Fill out and submit your FAFSA application online, for federal loans for grad programs, if you’re qualified. Otherwise, check if your employer will cover costs (and to let them know your plans so that you can ensure no scheduling conflicts between work and college).
  4. You will likely need to write a personal essay, sometimes two, for B-Schools. These essays are your opportunity to show your relevant background, and to pitch why you’re a fit as a grad student at a particular school. You may need to customize your essay(s) for each B-School.
  5. Select your academic and professional references, from employers, clients or educators. Usually, 2-3 references suffice, and they will likely have to send their letter of reference directly to each B-School.
  6. Update your resume, to highlight your relevant work experience. Note that some MBA programs require as much as 10 years.
  7. Consider hiring a general college consultant, who can help you find B schools suited to your career goals. Also consider an admissions consultant to help improve your chances of acceptance.
  8. Make a college shortlist, based on program flexibility, outcomes, and your own MBA-related career goals. Use the list of online MBA programs in this article as a starting point. Visting campuses may be unnecessary for an online MBA; however, this is a personal choice. Revise your notes, and make sure you have your final school selections before you start applying.
  9. For each school on your shortlist, complete and submit your application and fee, along with any required materials (transcripts, essays, letters of recommendation, test scores, etc.), as per the outlined process on their website. Make sure to meet the application deadlines – applying well in advance is even better.
  10. Interviews. Schools may require an admissions interview to get to know you better, to determine if you are a fit. Such interviews may be in-person, over the phone, or possibly on a Zoom or Skype video call, etc.
  11. Wait for responses from each admissions department. If you get accepted to more than one school, determine the pros and cons to you personally for each program, to help you decide which B-School to accept.

To find out more, search for “MBA application process” using your favorite Internet search engine. Both USNWR and Princeton Review have suitable guides.

Are there schools where no GRE or GMAT are required? Examples?

Yes. Several such B-Schools are in the reviews portion of this article. Another example, Western Governors University, is listed in the Top-Searched MBA Programs section, below. Currently, due to the COVID-19 pandemic situation, assessment tests may be difficult to complete. As such, some B-schools have temporarily waived test scores for the Fall 2020 starting semester.

Thesis vs Non-thesis Programs

Graduate programs typically have some capstone experience or a thesis, though some are pure coursework. For MBA programs, a capstone might be in the form of an individual or group project, or something else. Masters programs with a thesis are often suited to students who plan to follow up with a doctorate.

Sample Course Requirements

Most MBA programs have mandatory core courses that cover topics such as accounting, business analytics, ethics, management, marketing, economics and finance, amongst others. Other popular topics are supply chain management (SCM), management information systems, organizational behavior. Depending on available tracks/ concentrations, there may be elective courses in any number of other subjects, including healthcare, law, sciences, IT, environment, etc.

What are the advantages and disadvantages to an online MBA?

An online degree in any topic requires self-discipline. Fortunately, an online MBA with asynchronous courses allows students to study on their own schedule. This is one of the biggest selling points of an online masters, besides the fact that many costs of an on-campus program are eliminated (moving, room and board, sometimes textbooks, etc.)

One disadvantage used to be employer bias against online degrees. Fortunately, most educational institutions do not make a distinction between online and on-campus programs on student diplomas. Otherwise an online degree is typically as valuable as the equivalent on-campus program.

How long does it take to complete an online MBA?

Full-time MBA programs can often be completed in 12-15 months, and part-time programs in 18-24 months. Programs with higher credit requirements may take as long as three years part-time.

Can an Online MBA be completed in 1 year?

Yes. In fact, many B-schools have a 12-month full-time online MBA program. However, it will likely be difficult to also maintain full-time work hours.

What can you do with an online MBA?

Any MBA degree adds knowledge and skills applicable to leadership and management roles in many fields and sectors. These can also be applied to entrepreneurial endeavors such as starting a business, or towards consulting for clients.Completing an MBA degree is milestone in itself. What comes after could be a wide range of career opportunities for an MBA graduate. The fact is that there are many possible jobs that you’ll be qualified for with an MBA, so the following list is only a starting point. With a specialized MBA concentration, there are field-specific opportunities as well.

  1. Accountant
  2. Administrative Services Manager
  3. Budget Analyst
  4. Business Consultant
  5. Business Operations Manager
  6. C-level executive – CEO, CFO, CIO, COO, CTO, etc.
  7. Compensation Manager
  8. Director of Operations
  9. Economist
  10. Education Administrator
  11. Entrepreneur/ company founder
  12. Environmental Program Manager
  13. Financial Advisor
  14. Financial Analyst
  15. Financial Manager
  16. Health Information Systems Manager
  17. Health Policy Analyst
  18. Health Services Manager
  19. Healthcare Administrator
  20. Higher education management
  21. Human Resources Director
  22. Human Resources Manager
  23. Information Security Analyst
  24. Information Systems Manager
  25. Information Technology Director
  26. Information Technology Manager
  27. Instructional Director
  28. International Affairs Director
  29. International Marketing Manager
  30. Investment Banker
  31. Investment Manager
  32. Logistics Manager
  33. Management Analyst
  34. Management Consultant
  35. Management Information Systems Director
  36. Market Research Analyst
  37. Marketing Director
  38. Marketing Manager
  39. Leadership roles in media and entertainment
  40. Leadership roles in food and beverage
  41. Operations Manager
  42. Operations Research Analyst
  43. President
  44. Product Manager
  45. Project Manager
  46. Purchasing Manager
  47. Revenue Manager
  48. Sales Director
  49. Sales Manager
  50. Securities Analyst
  51. Senior Financial Analyst
  52. Senior Strategy Manager
  53. Senior VP Operations
  54. Sports management
  55. Supply Chain Manager
  56. Transportation Manager
  57. VP Finance
  58. VP IT
  59. VP Marketing

There are also newer opportunities in artificial intelligence, data analytics, fintech (financial technology) and more.

How much can I make after completing my online MBA?

How much you can earn straight out of an MBA program is dependent on several factors, including:

  • MBA program taken, and possibly program accreditation. A prestigious school may earn you extra.
  • Years of relevant work experience.
  • Your pre-MBA salary.
  • Job location.
  • The industry/ sector of your job, as well as your specific role. Finance and executive roles may earn more than a general management position. An MBA paired with a graduate or undergrad degree in a non-business topic might give you additional earnings potential.
  • Any particular concentration taken. General Management, for example, is a popular choice, due to employer demand (according to The Princeton Review).
  • Any other degrees that you hold, particularly in other subjects.

Because of so many factors, specific salary numbers are difficult to state. However, earning upwards of, say, $300K out of grad school is not unheard of, but is rare. In terms of percentages, USNWR reports that average salaries for online MBA students circa 2015-2016 increased by about 22% within three months of graduation. Other more recent sources indicate that while some new salaries may be double pre-MBA salaries, 30-50% higher is more common, which may jump to 80% after several years.

Specific numbers: a median base salary of $105K was estimated (for 2018), according to a survey by GMAC. Also check Payscale.com for a breakdown of average median salaries for MBA holders by job, with financial analyst at the bottom of the list at about $62K, and CFO at the top with over $146K.

What kind of networking opportunities are available with an online MBA program?

Networking opportunities for online MBA students vary by B-School, but typically include: peer collaboration (online and in-person); connecting with a mentor representing a school; connecting with alumni; etc.

Do any Ivy League Schools offer an online MBA?

Yes. While Brown University has no B-School, it has partnered with IE Business School (based in Madrid, Spain) to offer a hybrid MBA. Some Ivy League B-Schools do offer relevant online courses in business or entrepreneurship, including via MOOCs. For example, Harvard Business School Online and Wharton Online (University of Pennsylvania).

Here are some top-searched programs that may also be of interest.

25 Best Affordable Online Business Administration Degree Programs (Master's) 2021 - Affordable Schools (2024)

FAQs

What is the cheapest masters degree online? ›

What are the most affordable online masters programs?
  • Purdue University Online.
  • Arizona State University.
  • Wilmington University.
  • University of Texas of the Permian Basin.
  • Lamar University.
  • North Carolina State University.
  • Wayne State College.
  • Fort Hays State University.
22 Sept 2022

What is the cheapest way to get an MBA? ›

Earning your MBA online is an incredible way of saving money. According to Affordable Colleges, the average cost for an online MBA is $10,010. With an on-campus MBA degree cost being from $20,000 to over $100,000, those who wish to find affordable MBA programs are best looking into gaining an online degree.

What is the cheapest MBA in USA? ›

10 Most Cheap Universities in USA for MBA
  • University of South Dakota.
  • Cameron University.
  • Southeast Missouri State University.
  • Central Michigan University.
  • Worcester State University.
  • Minnesota State University.
  • University of Buffalo.
  • San Francisco State University.

What is the easiest grad program? ›

Easiest Online Masters Degree Programs
  • Business Administration.
  • Communications.
  • Criminal Justice.
  • Education & Teaching.
  • Educational Leadership.
  • Healthcare Administration.
  • Human Resources.
  • Human Services.
28 Sept 2022

What is the easiest master's degree to earn? ›

Following is the list of easiest masters degrees that one can choose to specialize in.
  • Masters of Fine Arts (MFA)
  • Masters of Arts (MA)
  • Masters in Mass Communication.
  • Masters of Psychology.
  • Masters of Finance.
  • Masters of Human Resource Management (MHRM)
  • Masters of Business Administration (MBA)
  • Masters of Science (MSc)

Where can I study Masters for free? ›

Completely free
  • Norway. Free for who: Everyone (EU, EEA and the rest of the world) ...
  • Denmark. Free for who: EU, EEA and Switzerland. ...
  • Finland. Free for who: EU, EEA and Switzerland. ...
  • Sweden. Free for who: EU, EEA and Switzerland. ...
  • Poland. Free for who: EU, EEA and Switzerland. ...
  • Czech Republic.
7 Jul 2022

Is getting an online MBA worth it? ›

Online MBAs can be worth it if you're prioritizing cost and flexibility, and are ready to embrace online interaction with your peers and professors.

Which is the easiest MBA? ›

This #1 easiest program is a high-quality program that includes an excellent ROI potential, GMAT waiver for qualifying applicants, and 100% online instruction. The #1 easiest online MBA can be found in the highly acclaimed D'Amore-McKim School of Business at Northeastern University.

What is the starting salary after MBA? ›

Average MBA Salary as per specialization
MBA SpecializationAverage MBA Salary*
MBA FinanceRs 2,00,000 to Rs 14,70,000
MBA Human Resource ManagementRs 4,50,000 to Rs 15,50,000
MBA Information TechnologyRs 10,000 to Rs 6,00,000
MBA Logistics ManagementRs 6,25,000 to Rs 8,50,000
1 more row
28 Sept 2022

How much does MBA online cost? ›

The average fees of an online MBA vary between Rs. 60,000 and Rs. 4,00,000. The academic fee may vary as per the university and you can even pay through the full payment method or in installments.

Which is the cheapest university in USA? ›

Cheap universities in America offering Bachelor's degrees
  • United States Military Academy at West Point, New York – Bachelors start at 0 USD/year.
  • Curtis Institute of Music, Philadelphia – Bachelors start at 0 USD/year.
  • South Dakota State University, South Dakota – Bachelors start at 351 USD/year.
12 Jan 2022

Does it matter where you get your MBA? ›

Does it matter where people get their MBA? Yes, the brand of the degree usually predicts the type of student peer group, recruiting opportunities, and overall return on the investment, inclusive of salary potential and MBA networks.

What are the 2 most common master's degrees called? ›

The two most common titles of master's degrees are the Master of Arts (MA/M.A./A.M) and Master of Science (MSc/M.Sc./M.S./S.M.) degrees, which normally consist of a mixture of research and taught material.

What masters degree pays the most? ›

Best-paying master's degrees
  • Nurse anesthesia. Median pay: $165,000 per year. ...
  • Telecommunications engineering. Median pay: $141,000 per year. ...
  • Finance and economics. Median pay: $134,000 per year. ...
  • Electrical engineering. ...
  • Computer engineering. ...
  • Biomedical engineering. ...
  • Mathematics and statistics. ...
  • Technology management.

What is the fastest way to get a master's degree? ›

What is the fastest way to get a Master's degree? If you would like to earn your Master's degree fast, consider an accelerated degree program; perfect for those already invested in a career and need the extra credentials for a job promotion. Accelerated programs are often available online, too!

Is it hard to fail a master's degree? ›

Failing a Masters

A Masters is challenging, but you're still unlikely to fail. For one thing, universities won't admit students who aren't ready and prepared for the course.

Are online masters degrees respected? ›

Yes. Advanced degrees completed online have just the same value as if you were to attend class in person. Just look for one that's verified by one of the many accrediting agencies out there and backed up by U.S. News & World Report's highest level higher education rankings.

What is the average age for a masters degree? ›

The average age at which Americans earn an undergraduate degree is an estimated 23.7 years old, for master's degrees the average age is an estimated 28.92 years old and for doctoral degrees, the average age at graduation is an estimated 33.15 years old.

What is the average cost of an online masters degree? ›

Of the 25 most affordable online schools offering master's degree programs, the cost per credit hour will be in the range of $500 to $625. This brings the average annual tuition (of the 25 most affordable online schools) to approximately $5,362 per year.

How do people afford master's degrees? ›

5 Ways to Pay for Grad School Without Taking on Debt
  1. Start Looking for Free Money. ...
  2. Apply for Assistantships. ...
  3. Utilize the Federal Work-Study Program. ...
  4. Research State Programs. ...
  5. Talk to Your Employer About Tuition Reimbursement. ...
  6. Federal Loans for Graduate School. ...
  7. Private Loans for Graduate School.
11 Aug 2021

Can I get master's degree online free? ›

Absolutely. Free college tuition programs at completely free online colleges make this possible. You can get a masters degree with no student debt. There are all kinds of tuition free college programs out there.

Do employers care if MBA is online? ›

Today, many experts agree that in the job market, employers care more about the quality of a school than whether a degree was earned online. Students only need to look at the rising number of programs to see that the online MBA has emerged as a professionally viable degree.

Which online course is best for MBA? ›

  • MBA & DBA. Executive MBA SSBM.
  • Data Science. PGP in Data Science and Business Analytics Program from Maryland. ...
  • M.Sc in Machine Learning & AI – LJMU & IIT M.
  • Management. PMP Certification Training | PMP Online Course. ...
  • Digital Marketing. ACP in Customer Centricity.
  • Software Technology. ...
  • Business Analytics Certification Program.

Which MBA is in high demand? ›

Traditionally, finance, marketing, HR, operations, and entrepreneurship are some of the most sought-after and the best MBA specializations and are considered safest by many students.

Which field is best in MBA? ›

Most In-Demand MBA Specializations
  • International Management. ...
  • Strategy. ...
  • Consulting. ...
  • Finance Leadership. ...
  • Entrepreneurship. ...
  • Marketing. ...
  • Operations Management. ...
  • IT or Technology Management. A specialized MBA in IT or Technology Management puts MBA graduates at the cutting edge of UX, design, and the flow of information technology.

Which branch of MBA is best? ›

If you want to know which are the most popular top MBA Specializations in India, here they are:
  • MBA Finance.
  • MBA Marketing.
  • MBA Human Resource Management.
  • MBA International Business.
  • MBA Banking & Financial Services.
  • MBA Business Analytics.
  • MBA Rural Management.
  • MBA Healthcare Management.
25 Aug 2021

Who earns more MBA or MS? ›

Higher pay scale

The average income for an individual with an MBA program is much higher than a person with an MS program. You can expect to earn a lot when you have an MBA degree.

Is MA or MBA better? ›

So, if you are willing to gain overall business management skills, an MBA course is a clear choice, while if you wish to acquire niche skills, a Master's degree is ideal for you.

Is MBA difficult for average students? ›

Many potential students ask why MBAs are so difficult to graduate. But they ask the wrong question, the truth being: for the average student, MBAs are quite easy to graduate. But as you'll probably learn during your Master's in Business Administration: your attitude makes up over 50% of your professional success.

Can I do MBA for free? ›

Yes, top business schools do offer free online MBA courses as well as a variety of other classes. Many of these courses are available through Coursera and edX.

Which is better online MBA or distance MBA? ›

The course MBA either regular, online, or distance is a master's level program available for 2 years and is offered in various specialisations. Both the courses are equal in the eyes of the law as online and distance education has been approved of equal value by the University grants commission (UGC).

Can we do MBA from home? ›

Planning to study MBA? Here are few online courses which you can study while sitting at home. The Indian Institute of Management (IIM) Amritsar has launched an online MBA or EMBA program for working professionals.

What is the cheapest but best colleges? ›

Top 100 - Most Affordable Mid-size to Large Colleges and Universities in 2022
RankSchool NameNet Price
1California State University–Dominquez Hills Carson, CA$1,640
2University of Texas–Pan American Edinburg, TX$2,500
3California State University–Los Angeles Los Angeles, CA$2,735
4CUNY Leman College Bronx, New York$2,327
6 more rows

How much does an MBA in USA cost? ›

The average cost of studying MBA in USA is $50,000-60,000 per year. Though the tuition fees for some of the top ranked MBA universities in USA range between $70,000-90,000 per year.

What state has the most affordable colleges? ›

On this page
  • 10 States With the Cheapest College Tuition.
  • Mississippi.
  • North Carolina.
  • Alaska.
  • Idaho.
  • Nevada.
  • New Mexico.
  • Utah.
23 Jun 2022

Is 40 too old for an MBA? ›

Every stage in life brings advantages and challenges to graduate education. Still, you can be comforted in knowing that there is no age limit for higher learning. In fact, an MBA at 40 could deliver many unique benefits above and beyond those enjoyed by younger students.

Do employers care where you get your masters? ›

No matter where your degree came from, your experiences and skills are what really matter to employers. They care about the projects you worked on in school, the times you applied your skills, and personal connections you made.

Can you complete an MBA in 1 year? ›

Yes, you can complete an MBA in 1 year. Many schools are offering such fast-paced programs to meet the demand to help get you back in the workforce sooner. See our list of schools offering one year MBA programs.

Which master's degree is most in demand in USA? ›

A Master of Business Administration (MBA) is one of the most popular graduate degrees. With an MBA program, you can hone your leadership and management skills to make an impact in the fast-paced, competitive business world.

What do you call a person with a master's degree? ›

The official title is "Master of xxx" for someone who has attained a Master's degree in a given topic.

What initials do you put after your name for a master's degree? ›

The most common academic master's degrees are the Master of Arts (MA or AM) and Master of Science (MS or SM).

Which master's degree is most in-demand 2022? ›

5 Most In-Demand Master's Degrees in 2022
  • Business administration. A Master of Business Administration, or MBA, is one of the most highly sought-after master's degrees globally and a stepping stone to C-suites jobs at big organisations. ...
  • Healthcare administration. ...
  • Computer science. ...
  • Marketing.
14 Jan 2022

What is a good Masters degree to get in 2022? ›

Here's a list of the best master's degrees for 2022.
  • Data Science – A 21st Century Choice. ...
  • Cybersecurity – A Timely, In-Demand Master's. ...
  • Business Administration (MBA) – The Pick for Managers. ...
  • Healthcare Administration – The Business of Healthcare. ...
  • Project Management – Best for Project Leaders.
15 Jul 2022

Which master degree is best for future? ›

Best Graduate Degrees for the Future
  • Marketing.
  • Human resources.
  • Business ethics.
  • Business law.
  • Accounting.
  • Finance.
  • Economics.
  • Business policies.

Can I get a master degree in 6 months? ›

Yes, a 6-month master's program is, more often than not, as good as any other traditional full-time or part-time master's program.

Can you finish masters in 1 year? ›

Typically, earning a master's degree takes two years. But many colleges and universities offer one-year master's degrees in high-demand fields like business, healthcare administration, education, and social work. Earning a master's degree in one year can save you time and money on your degree.

What is the easiest grad school to get into? ›

15 Easiest Grad Schools To Get Into In 2022
  • #1. Cornell University.
  • #2. Brown University (BU)
  • #3. Columbia University (CU)
  • #4. Harvard University.
  • #5. University of Pennsylvania (UPenn)
  • #6. Yale University.
8 Jul 2022

How much does it cost to do an online masters degree? ›

However, if one were to consider the universities that do not charge the out-of-state expenses on students for their online master's degrees, the average cost of online master's degree programs would be around $29,000.

Are online masters worth it? ›

An online master's degree is worth the time and effort as long as you go through an accredited program and ensure that it meets the standards of potential employers. If the program seems suspicious or you notice that the university does not have a third-party accreditation, then opt for a different online program.

Are there fully funded masters programs? ›

A Fully-funded Master's degree is an advanced degree awarded by universities around the world for completing graduate studies in a certain area. The tuition fee and living expenses of the student obtaining this degree are usually covered by a university, charity organization, or a country's government.

Are online master degrees recognized? ›

Yes. Advanced degrees completed online have just the same value as if you were to attend class in person. Just look for one that's verified by one of the many accrediting agencies out there and backed up by U.S. News & World Report's highest level higher education rankings.

Can I get master's degree online free? ›

Absolutely. Free college tuition programs at completely free online colleges make this possible. You can get a masters degree with no student debt. There are all kinds of tuition free college programs out there.

How long does it take to earn a master's degree online? ›

An online master's degree usually takes two to three years to complete, depending on the credit requirements and the pace of the coursework. The average master's degree program will require 36 to 48 credits, but they can range anywhere from 30 to 72 credits.

How much should you spend on a master's degree? ›

The latest averages for completing an accredited master's program are right around $30,000 to $40,000. However, some high-end private schools may charge as much as $100,000 for your degree. Master's degrees typically involve at least 1-3 years of full time study beyond the bachelor's degree.

Do employers take online degrees seriously? ›

Experts say employers are largely more interested in the person than the degree. They generally won't recognize immediately if that person's degree was obtained online or in person. Some schools are fully online while others offer online programs in addition to their traditional in-person options.

Do employers care where you get your masters? ›

No matter where your degree came from, your experiences and skills are what really matter to employers. They care about the projects you worked on in school, the times you applied your skills, and personal connections you made.

Are online degrees looked down upon? ›

Although online degrees can often be looked down upon, there are plenty of esteemed colleges and universities that offer this as an option. However, it's important to do extensive research when choosing a program in order to avoid falling for scams that could leave you in serious debt with no real credentials.

How can I get funding for my master's degree? ›

The main sources of funding for undertaking a master's degree are student support loans from the Government and scholarships from higher education providers and research councils. Educational trusts and charities may also offer some small amounts of funding.

How can I get a full ride at the masters? ›

How do I get a full ride to graduate school? In order to earn a full ride to graduate school, your academic performance is important. You may need to maintain good GPA and grades for every course. You must be a full time grad student for every academic year until you complete your graduate level program.

How do people pay for masters programs? ›

Supplement your savings by applying for scholarships, grants, fellowships, and assistantship positions. Explore federal student loans. Submit the Free Application for Federal Student Aid (FAFSA) every year you need money for graduate school. Consider a responsible, private graduate school loan.

How do I find the right online masters program? ›

Top Five Factors for Choosing an Online Master's Program
  1. Faculty Support. Whether online or on-campus, it is paramount to have support from the faculty and administration when earning a degree. ...
  2. Student-Centric Online Learning Experience. ...
  3. Flexibility. ...
  4. Networking Opportunities. ...
  5. Accreditation and Credibility.

Can you finish masters in 1 year? ›

Typically, earning a master's degree takes two years. But many colleges and universities offer one-year master's degrees in high-demand fields like business, healthcare administration, education, and social work. Earning a master's degree in one year can save you time and money on your degree.

What online degrees are worth it? ›

The Best Online Degrees To Get For Careers
  • Business Administration. Career Fields. Average Salaries: Bachelor's Degree. Growth Rate. Chief Executive Officers. ...
  • Aviation. Career Field. Average Salary with a bachelor's degree. Growth Rate. ...
  • Computer Science. Computer Science Careers. Average Salary with a Bachelor's Degree. Growth Rate.
5 Oct 2022

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