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An MBA or master’s in business administration degree is the perfect course to study if you are looking to break into a management role. In this course, you will learn the core concept of business management, strategy, finance, marketing, and other key foundations for a successful business.
The choice of school you go with goes a long way in determining the success of your career after the program. Business schools in the USA continuously maintain the top rank in yearly surveys. However, the tuition for many schools may break your pocket. To avoid that, this article would be covering the cheapest MBA programs in the USA and how to get in.
The fees for most MBA tuition in US universities are reviewed yearly hence costs may differ. However, the following 8 US universities offer either online or on-campus MBA programs at prices under $20,000 or Rs 1,526,000.
| Name of University | Duration | The estimated fee for an online program | The estimated fee for an on-campus program |
| University of the People | 15 months full-time, longer for part-time | $3,660 or Rs 275,000 | No on-campus program |
| University of Texas Permian Basin College of Business and Engineering | 12 months/ 36 credit hours | $ 12,816 or Rs 1,000,000 | Nil |
| Cameron University | 24 months | $14,025 or Rs 1,088,000
for a 33 semester hours program |
Nil |
| South-eastern Oklahoma State University | 12 months | $12,132 or Rs 942,000 | Nil |
| Eastern New Mexico University | 12 months | $3,555 or Rs 276,000 per semester | Nil |
| Georgia Southwestern State University | 24 months | $9210 or Rs 715,000 | Nil |
| Chadron State University | 24 months | Nil | $9,938.96 or Rs 772,000 per year |
| Fitchburg State University | 24 months | $12,510 or Rs 971,000 | $16,568 or Rs 1,283,000 |
The University of the People is a not-for-profit institution that offers accredited academic programs at subsidized costs. The institution is accredited by Distance Education Accrediting Commission, DEAC, and California Bureau for Private Postsecondary Education. Past graduates are said to be working with top firms and organizations like Amazon, Facebook, and Microsoft.
Requirements:
UT Permian Basin is accredited by AACSB, Association to Advance Collegiate Schools of Business. The MBA program is offered online for a duration of 12 months. The calculated estimated fee for students with a baccalaureate in Business Administration is $10,900.
Those with an undergraduate degree in a different field may have to take extra courses resulting in extra credit hours and fees hence the estimate of $12,816. The set standard for admission is a high GPA of 3.00 with a system of 4.00 scale. In addition, a graduate management admission test is required.
People with lower GPAs can still apply if they meet the requirements for conditional admission.
Cameron University is one of the cheapest and oldest universities in Oklahoma, US. It was established in 1908 and has been offering Master of Business Administration degrees for twenty years.
It offers a very flexible MBA program with a maximum of 45 semester hours but it comes with strict application requirements. Students are required to submit a transcript of their baccalaureate degrees with a GPA of 3.0 or higher on a scale of 4.0. People with lower GPAs can make up for it by taking the GMAT or providing other required documents.
The cost for the MBA ranges from $14,025 – $19,125 depending on the recommended semester hours. This is usually between 33 and 45 hours.
This program aims to prepare graduates for key managerial roles and positions after school. It offers a variety of MBA specializations to choose from and the program is completely online.
It has been accredited by AACSB and the estimated tuition fee is $12,131.
Applicants are expected to submit their bachelor’s degree with a strong GPA of at least 3.0. People with lower GPAs need to have at least 3 years of professional work experience or a letter of application or a letter of recommendation. The graduate management admission test is not required but a certificate of English proficiency is needed.
Eastern New Mexico University offers a completely online MBA program taught by some of the very best professionals. The program is accredited by ACBSP, the accreditation council for business schools and programs.
The estimated tuition per semester is $3,555 and MBA students can join any semester. It provides great flexibility for busy people looking to get ahead in the field.
It is a reputable university and requires all applicants to have a bachelor’s degree with a minimum GPA of 3.00 on a scale of 4.00. Also, there is a CPC course, a common profession component course that must be completed. However, people with a GPA of 2.4999 and above may be considered for conditional admission if they can submit a GMAT test score of 450 and complete the CPC.
The master of business administration program offered at GSW is well detailed, flexible, and broad. It is open to local and international students with a highly affordable tuition fee of $9210. The course is also 100% online.
Requirements:
Chadron State College Masters of Business on-campus program is one of the most affordable, flexible, and comprehensive programs available. No GMAT or GRE test is required. The course is accredited by ACBSP and they are open to international students.
Requirements:
Masters of Business administration programs at Fitchburg are accredited by IACBE, the international accreditation council for business education. This institution offers both online and on-campus MBA programs with the fees for on-campus studies being higher.
They provide students with specialized MBA curriculums and students may choose to pick two or dual areas to concentrate on. This has to be indicated during the application process.
Applicants must have a GPA of 3.00 or higher to qualify for the program. All students must complete a minimum of 39 credit hours over 12 months full-time and longer for part-time students.
There are several MBA programs in the USA and most of them are quite expensive, some even amount to $150,000 and above. The programs stated above are some of the cheapest MBA programs in the USA that do not compromise the standard and accept international students.
Alumni members and past students of these institutions have left several positive reviews and many have gotten their dream jobs. All that’s needed is surfing through the requirements to select the best fit to send applications to.
Our hope is that this article gave you an overview of the different cheap MBA courses available to those who wish to study in USA. If you do have any further queries or questions, do reach out to our experts and get your study abroad journey started today.
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