Cheapest MBA Universities in USA (2024)

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MBA programs in the United States are renowned for their high quality. The US has a long-standing reputation for excellence in business education, and many of the world’s top-ranked MBA programs are located in the US. The competition for admission to these programs is often intense, and they offer rigorous coursework that covers a broad range of business-related topics, such as accounting, finance, marketing, operations, strategy, and leadership. Additionally, many MBA programs in the US provide experiential learning opportunities, such as internships, consulting projects, and international study trips, which enhance students’ practical skills. The faculty of US MBA programs is one of their key strengths. Many of the professors are experts in their respective fields, with considerable real-world experience in industry or consulting, which enables students to learn from the best and gain both theoretical knowledge and practical insights. For those seeking affordability, some of the cheapest MBA universities in the USA can offer excellent education without breaking the bank.

The cost of MBA programs in the United States can vary widely based on factors such as the specific school, program, and location. Generally, tuition fees for a two-year MBA program at a top-tier business school in the US range from $70,000 to $150,000 or more. In addition to tuition fees, there are other expenses to consider like housing, textbooks, living expenses, and fees. These expenses can accumulate rapidly and should be factored into the overall cost of the program. There are lower-cost alternatives for MBA programs in the US like online MBA programs, part-time programs, or programs at less prestigious schools. However, even here these programs can still be relatively expensive. For those seeking affordability, exploring the options at some of the Cheapest MBA Universities in USA could be a wise choice. Some of these universities may offer quality education at a fraction of the cost compared to their more renowned counterparts, making them attractive options for budget-conscious students. It’s worth noting that a lot of MBA programs provide financial support and scholarships to help students manage the cost of tuition. Additionally, they can explore external funding options such as scholarships or student loans to finance their education. Below is a list of some US universities that offer more affordable MBA programs.

University	Location	Contact Email	Contact Number	Estimated Tuition (for the entire program)
University of Texas Rio Grande Valley	Edinburg, TX	gradcollege@utrgv.edu	1-956-665-3030	$13,000 – $17,000 (in-state); $26,000 – $34,000 (out-of-state)
Delta State University	Cleveland, MS	mba@deltastate.edu	1-662-846-4250	$11,000 – $16,000 (in-state and out-of-state)
Arkansas State University	Jonesboro, AR	gradschl@astate.edu	1-870-972-3024	$11,000 – $16,000 (in-state); $22,000 – $27,000 (out-of-state)
Ball State University	Muncie, IN	mba@bsu.edu	1-765-285-8870	$21,000 – $28,000 (in-state and out-of-state)
University of Louisiana at Monroe	Monroe, LA	gradadmissions@ulm.edu	1-318-342-1036	$16,000 – $20,000 (in-state); $24,000 – $30,000 (out-of-state)
University of Houston-Downtown	Houston, TX	uhdmasters@uhd.edu	1-713-221-8522	$16,000 – $21,000 (in-state and out-of-state)
Florida Gulf Coast University	Fort Myers, FL	mbaprogram@fgcu.edu	1-239-590-7311	$21,000 – $26,000 (in-state); $45,000 – $50,000 (out-of-state)
University of Texas at Tyler	Tyler, TX	mba@uttyler.edu	1-903-566-7057	$14,000 – $16,000 (in-state); $27,000 – $30,000 (out-of-state)
Southern Illinois University Edwardsville	Edwardsville, IL	mba@siue.edu	1-618-650-3705	$21,000 – $23,000 (in-state); $39,000 – $43,000 (out-of-state)
Wayne State University	Detroit, MI	gradbusiness@wayne.edu	1-313-577-4511	$23,000 – $28,000 (in-state); $47,000 – $52,000 (out-of-state)
Murray State University	Murray, KY	graduatestudies@murraystate.edu	1-800-272-4678	$12,000 – $17,000 (in-state and out-of-state)
University of Louisiana at Lafayette	Lafayette, LA	gradschool@louisiana.edu	1-337-482-6480	$17,000 – $20,000 (in-state); $30,000 – $36,000 (out-of-state)
Eastern New Mexico University	Portales, NM	enmu.admission@enmu.edu	1-575-562-2178	$13,000 – $16,000 (in-state and out-of-state)
West Texas A&M University	Canyon, TX	gradadmissions@wtamu.edu	1-806-651-2730	$11,000 – $14,000 (in-state and out-of-state)
Cleveland State University	Cleveland, OH	graduate.admissions@csuohio.edu	1-216-687-5595	$27,000 – $32,000 (in-state and out-of-state)
University of Wisconsin-Eau Claire	Eau Claire, WI	gradstudies@uwec.edu	1-715-836-5331	$19,000 – $25,000 (in-state and out-of-state)
Georgia Southwestern State University	Americus, GA	gradstudies@gsw.edu	1-229-931-2037	$10,000 – $15,000 (in-state and out-of-state)
Appalachian State University	Boone, NC	mba@appstate.edu	1-828-262-6242	$14,000 – $21,000 (in-state and out-of-state)
University of Central Missouri	Warrensburg, MO	gradinfo@ucmo.edu	1-660-543-4621	$16,000 – $20,000 (in-state and out-of-state)
University of North Carolina Wilmington	Wilmington, NC	gradschool@uncw.edu	1-910-962-7303	$19,000 – $24,000 (in-state); $41,000 – $46,000 (out-of-state)
University of Tennessee at Martin	Martin, TN	admissions@utm.edu	1-800-829-8867	$15,000 – $19,000 (in-state and out-of-state)
Texas A&M University-Corpus Christi	Corpus Christi, TX	gradcollege@tamucc.edu	1-361-825-2177	$18,000 – $24,000 (in-state and out-of-state)
University of Massachusetts Dartmouth	North Dartmouth, MA	graduate@umassd.edu	1-508-999-8604	$29,000 – $34,000 (in-state and out-of-state)
University of North Georgia	Dahlonega, GA	gradadmissions@ung.edu	1-706-864-1543	$16,000 – $20,000 (in-state and out-of-state)

Why Study MBA in USA?

The most prestigious business schools in the world have campuses in the United States, offering state-of-the-art facilities, brilliant faculty, and excellent employment opportunities to help MBA students get the most out of their education. The following are some of the main justifications for why earning an MBA in the US is beneficial:

Industry experience: To prepare students for future industry challenges, US business schools place a high value on experiential learning through internships, co-ops, and various training programs that let students connect with industry experts.

Excellent employment opportunities: The likelihood of being hired by a reputable company is increased because most Fortune 500 companies have their headquarters in the US. Additionally, the nature of the jobs is becoming more and more crucial, with key decision-making positions requiring leadership-oriented tasks.

First choice of MBA aspirants: With more than 1,25,000 MBA candidates graduating each year, the US is the largest MBA market in the world, according to the US Department of Education.

Cost of Studying MBA in USA

The total cost of getting an MBA degree in the USA varies depending on your personal preferences and the fees charged by the university you’re attending. The costs can be divided into two main categories: tuition fees and living expenses. For Indian students pursuing an MBA in the USA, the tuition fees are around 50 lakh rupees (USD 65,000) per year. This amount includes living expenses, which are estimated to be around 15 lakhs or 19,700 USD annually.

10 Cheap Universities in USA for MBA

Here is a list of the ten MBA programs at the lowest cost in the USA:

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
Missouri State University
University of Tampa

Let’s explore these reasonably priced business schools in the USA for international students:

1-University of South Dakota

The University of South Dakota is the first institution on the list of affordable MBA schools in the USA. Their Master of Business Administration (MBA) degree program strongly emphasizes developing students’ analytical and critical thinking abilities, assessing alternative courses of action, comprehending how the business environment affects business decisions, and using ethical principles to recognize and resolve ethical issues and dilemmas.

QS World University Ranking 2022	251 – 300
Popular MBA Programs	Business Administration (MBA) MBA in Business Analytics MBA in Finance MBA in Health Services MBA in Marketing MBA in Operations and Supply Chain Management
Average Fees Per Year	12,530 USD

2-Cameron University

Cameron University is ranked second on the list of affordable MBA schools in the USA. The MBA program at Cameron is designed for currently employed professionals or recent graduates who want to gain a competitive edge in the business world. Students can take courses in various business disciplines, including marketing, finance, and accounting, as part of this degree program.

QS World University Ranking 2022	–
Popular MBA Programs	Masters of Business Administration
Average Fees	628 USD per semester hour

3-Southeast Missouri State University

International students can enroll in affordable MBA programs at Southeast Missouri State University. With nine different MBA options that include both in-person and online courses, they have something to offer any student who wants to pursue an MBA. The course aids students in honing their highly sought-after abilities and provides a theoretical framework for problem-solving in business-related situations.

QS World University Ranking 2022	476
Popular MBA Programs	Master of Business Administration
Average Fees Per Year	11,592 USD

4- Central Michigan University

Cameron University is ranked second on the list of affordable MBA schools in the USA. The MBA program at Cameron is designed for currently employed professionals or recent graduates who want to gain a competitive edge in the business world. Students can take courses in a variety of business disciplines, including marketing, finance, and accounting, as part of this degree program.

QS World University Ranking 2022	301 – 350
Popular MBA Programs	Master of Business Administration
Average Fees	850 USD per credit hour

5- Worcester State University

Another affordable university in the USA for an MBA is Worcester State University. You will receive a firm grounding in the economic and business theories and practices you need to succeed in today’s cutthroat job market from Worcester State University’s Department of Business Administration and Economics. You can use it to get ready for various executive positions in the business.

QS World University Ranking 2022	–
Popular MBA Programs	Master of Business Administration
Average Fees	966 USD (per 3-credit course)

6-Minnesota State University

One of the top universities offering affordable MBA programs to international students in the USA. Minnesota State University’s Master of Business Administration (MBA) program aims to equip future leaders with the knowledge and skills necessary to succeed in a global business environment. Through applications in the real world, students learn leadership, ethics, and management techniques.

QS World University Ranking 2022	–
Popular MBA Programs	Master of Business Administration (On-campus and Online)
Average Fees Per Year	8,474 USD

7-University of Buffalo

The variety of MBA programs offered by the School of Management at the University at Buffalo opens doors for graduates at any company anywhere in the world in the increasingly global business environment. Through scholarly research, education, and professional and community service, the University at Buffalo School of Management seeks to advance the practice of management in a global context.

QS World University Ranking 2022	151 – 200
Popular MBA Programs	Full-Time MBA Part-Time MBA Executive MBA
Average Fees Per Year	24,000 USD – 26,000 USD

8-San Francisco State University

The San Francisco State University MBA program will give you the skills necessary to handle challenges confidently in the business world. Based on student assessments of how well the students are prepared to address environmental, sustainability, and social responsibility issues in the workplace, it was named one of the world’s top ten Best Green MBA programs.

QS World University Ranking 2022	1001 – 1200
Popular MBA Programs	MBA for Executives MBA for Biotech Professionals MBA Flexible MBA Fastrack
Average Fees Per Year	3,155 USD plus 626 USD per unit – 5,071 USD plus 626 USD per unit

9-Missouri State University

One of the least expensive universities in the USA for an MBA is MSU University of Business. AACSB, the top organization for certifying Universities of business administration, only fully recognizes 10% of the business Universities in the United States. At MSU, you can be sure that you earn a degree of the highest caliber.

QS World University Ranking 2022	–
Popular MBA Programs	MBA (Traditional) MBA (Accelerated) MBA (Evening) MBA (Online) MBA (Certificate)
Average Fees Per Year	10,880 USD

10- University of Tampa

The University of Tampa, one of the affordable business schools in the USA for international students, will teach you how to integrate research and practice across crucial business domains, whether you work in the public or private sectors. You will gain valuable leadership skills such as creativity, innovation, teamwork, and problem-solving during your MBA program. Additionally, you will be given a hands-on introduction to creative business theory.

QS World University Ranking 2022	–
Popular MBA Programs	Full-Time MBA Part-Time MBA Professional MBA Executive MBA
Average Fees Per Year	25,000 USD

Frequently Asked Questions: Cheap MBA Universities in USA 2024

1-Which is the best university providing the cheapest MBA in USA for international students?

Reputable universities in the USA provide top-notch instruction, training, and employment opportunities. Numerous universities offer Indian students the most affordable MBA programs in the USA. Brigham University offers an affordable MBA in the United States for students from India.

2- What are some top MBA universities in USA with low fees?

Apart from the ones mentioned above, these are some other top MBA universities in USA with low fees:
California Miramar University
Saint Mary’s University of Minnesota
Northeastern State University
The University of North Carolina (Wilmington)

3- Are there affordable MBA programs in USA for international students?

Reputable MBA schools in the USA offer affordable tuition to students from India. For Indian students, the lowest cost of an MBA is reportedly between $10,000 and $25,000 USD.

4- What is the starting salary after MBA in USA?

After graduation, the average MBA salary in the USA is around $50,000 annually.

5- How long does it take to get jobs in USA after MBA?

There are no prerequisites for education or experience, but you must be at least 16 years old.

6-What is MBA?

MBA stands for “Master of Business Administration”. The concept of MBA education and related degree programs dates back to 1961 when the American Congress of Colleges and Business Schools in the United States sought to establish common standards for master’s degrees in business education.
Since then, U.S. and international business schools have developed concepts and maintained high academic standards while adapting course content to the modern business environment. Competitiveness in business studies is reflected at both the organizational and individual levels.
The world’s best business education providers compete for international accreditation for their MBA programs. MBA program curricula are regularly reevaluated and confirmed as accredited degrees.

7-Who is the typical applicants to MBA courses?

Applicants are entrepreneurs with a strong entrepreneurial spirit and proven management success through years of practical experience. Many MBA and EMBA applicants are senior managers or have many years of experience in top management positions.
Depending on the MBA program’s focus (general management or industry-specific), the course content and level of training are suitable for managers with different responsibilities. One of the overarching goals of an MBA education is to provide candidates with interdisciplinary training opportunities and qualifications in other business activities and industries.
Candidates with excellent academic performance and a positive recommendation from their supervisor may choose the MBA program to prepare them for higher-level leadership responsibilities.

8-How is the MBA program different from a regular master’s degree (MSc or MA)?

Similar to the Master of Science (MSc) and Master of Arts (MA) degrees, the MBA is a postgraduate degree and is only eligible for applicants who have completed the first cycle of university education (a minimum number of bachelor’s degrees). increase.
Unlike MA and MSc programs, an MBA offers a practical component of education alongside practical business experience, including practical decisions on management projects carried out in real business environments and “real” markets. is focused on

9-What is the difference between an MBA and EMBA program?

The Executive Master in Business Administration course is aimed at executives with long careers in management. When it comes to admission requirements, the difference is clear. The minimum managerial experience that qualifies a candidate to enroll in her MBA program is usually ten years, but an MBA candidate can meet the entry requirements with three to five years of experience.

10-How can I determine which MBA program is right for me?

Based on your previous experience and business profile, company location, and desire to travel, you can choose from a variety of MBA specialties on any continent. Depending on your professional requirements and the intensity of your training over the next 18-24 months, you can choose from distance learning courses, online MBA programs, or part-time study.

11-How do you rate different MBA rankings?

Business school rankings and program-specific rankings are updated annually by accrediting bodies and business-focused publications. Grading systems vary, but the most important criteria are the accepted candidate’s average GMAT score, years of experience, and international class profile.
The teacher-student ratio is a good indicator of the level of classroom interaction during seminars and lectures. An MBA’s teaching style typically goes beyond academic standards. The faculty actually becomes the trainee’s business mentor and helps her find practical business solutions.
The mental framework cultivated in MBA education is positive thinking and critical strategy. Candidates and faculty have meaningful discussions about current business issues. If your role model in business is a faculty member at a business school, choosing a program at that institution will bring you closer to your mentor.

12-How can I contact the business school?

To contact the admissions office and program coordinator at each business school, request information about your profile on search MBA. Alternatively, you can attend an open house event as an on-campus or virtual/online fair. You can also connect with alumni and students currently enrolled in the MBA program.
MBA fairs and tours attract top-notch business schools recruiting applicants from all over the world. The university emphasizes the internationality of its applicants and aims to select the best applicants from various locations.