MBA is the best professional degree to pursue, and the demand seems to be
too high these days. There are plenty of business schools; even if you just
take a walk around you might be able to find a lot. It should already be clear
to you that not every school provides the same quality, that’s not humanly
possible. Most of them are business-oriented more than study-oriented, and
since the time money got a higher position over education, the basic objectives
has started to fall. You might be looking for some alternatives; online MBA programs tend to be a better alternate now. If you don’t want to walk that way
and attend a school, then you better get enrolled in a business school.
Usually, the students pay the graduate study fees by themselves and cost
effective universities are the best options for them. U.S News has conducted a
survey find out the cheapest MBA programs
in USA, and they have found at least 12 universities where you can pursue
your MBA programs paying less than $40k.
If $40,000 still looks like a lot, you can avail student loans. These
loans are there to help you completing your degree; however, misuse of the loan
could affect you badly. On the cheapest
MBA programs in USA list, the cheapest MBA program is currently being
offered by Marriott School of Management, and the costliest (still below $40k)
MBA program is Alfred University’s. The average cost of these 10 universities
is around $32,000.
Here is the list for the cheapest
MBA programs in USA. The costs mentioned depicts only the cost needed to
attend the program itself, they don’t include other allowances like your meals,
stay, medical, insurance, books, study equipment etc.
Cheapest MBA Programs in USA
1. Marriot School of Management, Brigham Young University
According to U.S. News ranking, Marriot is world’s 30th best
business school and the cheapest of the MBA programs currently offered in USA.
If you want to pursue your MBA degree in Marketing, Finance, General
Management, Manufacturing and Technology Management, International Business
etc. and want it in the least possible cost, then Marriot should be in the top
in your consideration list. To complete your graduation program here, you must
obey by their ethics; these are considered very seriously at Marriott. To
maintain the standards, they strictly require all students to abide by the
honor code. They offer the cheapest MBA
programs in USA, but the quality is truly world class. Family plays an
important role in a successful graduate’s life – that’s the motto Marriott
believes and families are allowed to visit on most MBA programs. For recreation
purposes, there are 35 student activity clubs that mostly pays attention on
career and family bonding. Currently there are 325 students enrolled in the MBA programs. Tuition
fee for full time MBA programs is only $21,900 per year and if you want an EMBA
degree, then it’s $45,000 for the program. This is undoubtedly one of the cheapest MBA programs in USA.
2. Opus College of Business, University of St. Thomas
Opus is operating under University of St. Thomas and it’s located at
Minneapolis. For students seeking graduation in accounting, finance, marketing,
general management, health care administration, management information system
etc. concentrations should keep this institute top in their list. Usually their
enrollment takes place in June-July and you can submit your application till
June 15th. Total student enrollment in various graduate programs is
82, and most of them are male students. Estimated tuition fee for full time
programs is $29,400 per year, for part time it is $929 per credit and for the
executive program, it is $78,490 for the whole EMBA program. U.S. News ranked
this school 2nd of the cheapest
MBA programs in USA.
3. The School of Business, Howard University
Many international students or even graduates have the dream of studying
and living in Washington DC, getting enrolled in this business school located
in Washington DC could make your dream come true. Currently there are 65 full time students and
30 part time students enrolled in this business school in Howard University,
and based on its tuition fees U.S. News has ranked it no. 3 on the cheapest MBA programs in USA list. This
foundation of this university took place back in 1867 and it was a black
college back then. The university expanded and added various programs over
time, and the business school was founded in 1970. For the full time participants, the tuition fee every year is $31,290 and
for the part time candidates it’s $1,470 per credit. In case you are done with
these stages and want to pursue an EMBA degree, then you have to spend $62,500
per year for the executive MBA programs.
4. Crummer, Rollins College
The Roy E. Crummer Graduate School of Business is operating under Rollins
College and it’s located in Winter Park, Florida. Various graduate degree
programs are being offered in the following majors like finance, marketing, and
general management, international business, entrepreneurship etc. Florida is
basically a warm state and the Crummer students can find lot of business
opportunities here to pursue and learn. There are various programs, such as the
Early Advantage MBA that you can complete within 16 to 21 months. Especially
the best option for those who are on a tight schedule; and people who are
already into business can pursue the Professional MBA programs and it takes up
to 27 months, not less than 24. You can pick your own customized time table so
that they don’t clash with your profession. And for an effective practice of
what the graduates learn in this school, Business Career Development Center is
the best place to hang out. However, the tuition fee for the full time graduate
candidates is $33,000 per year and it is $1,104 per credit for the part time
graduates. For the executive graduate programs offered by Crummer, you have to
pay $50,400 for each program. This is ranked no. 4 on the U.S. News cheapest MBA programs in USA list.
5. Atkinson Graduate School of Management, Willamette University
This university is located at Salem, Oregon and Atkinson is operating
under Willamette University. Atkinson is at number 5 in U.S. News cheapest MBA
programs in USA list. Current enrollment in this business school is 215 full
time students and 105 part time students. You can do your major in accounting,
finance, marketing, entrepreneurship, human resources management, international
business etc. concentrations from this business school. For both US residents
and non-residents, the enrollment deadline is May 1 so make preparations way
ahead of the date. Tuition fee for full time programs is $33,126 per year and
for part time programs it is $57,774 per year.