10 Most Affordable Online MBA Programs USA 2024

The world of business is constantly evolving, and obtaining an MBA has become a valuable asset for those looking to advance their careers.

If you’re considering pursuing an MBA but are concerned about the cost, you’re in the right place. In this article, we will explore the “10 Most Affordable Online MBA Programs.”

Whether you’re a working professional or a recent graduate, these programs offer the perfect blend of flexibility, quality, and affordability. Join us as we delve into the world of online MBAs and discover the opportunities that await you.

From low-cost tuition to flexible learning options, these programs are designed to empower you on your journey to success. So, let’s explore the possibilities and find the perfect fit for your educational and career aspirations.

MBAs at affordable prices

An online degree does not have to be expensive. Part-time students can earn an MBA online for as little as a few hundred bucks per credit. According to a survey conducted by U.S. News, the cost of the top 10 online MBA programs for students from out-of-state is an average of $302.80 per hour. The 10 public and private online MBAs that charge the least per credit hour for out-of-state, part-time students in the 2022-2023 academic year are listed below, ranked by cost.

Missouri State University

Part-time, out-of-state tuition per credit: $333
Credits required to graduate: 30
Out-of-state student total cost:$11 322.
Rank: 202 (tie)
Graduation rate for three years (2021-2022). Not available

In 1905, this university was founded to train public school teachers for southwest Missouri. Missouri State University’s first graduating class consisted of 550 students. It now has about 25,000 students. The university offers undergraduate and postgraduate programs. According to its website, the school’s goal is to “train global citizen scholars committed to public affairs.”

University of Central Oklahoma

Part-time, out-of-state tuition per credit: $352
The number of credits required to graduate:32
Out-of-state student total cost:$11264
Rank: 234 (tie)
Graduation rate for three years (2021-2022). Not available

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In 1890, the University of Central Oklahoma (UCO) was founded on Christmas Eve. Its first class of 23 students arrived less than one year later. UCO, one of Oklahoma’s oldest universities, had a fall 2021 undergraduate enrollment of almost 12,000 students, according to U.S. News. Nearly 120 undergraduate programs are offered by the school, along with 81 graduate academic programs.

Lamar University (TX).

Part-time, out-of-state tuition per credit: $331
The number of credits required to graduate:30
Total costs for out-of state students:$9 930
Rank: 261-344
Graduation rate for three years (2021-2022).Not Provided

This public university was originally founded in 1923 as a junior school. It now offers undergraduate and graduate degrees. The university is named after Mirabeau B. Lamar, the former president of the Republic of Texas who led the area before it became part of the U.S. The school joined the Texas State University System (TSUS) in 1995.

University of Central Arkansas

Part-time, out-of-state tuition per credit: $325
The number of credits required to graduate:30
Total costs for out-of-state students:$9750
Rank: 261-344
Graduation rate for three years (2021-2022). Not provided

This public school, which was created to train teachers, had around 100 students in the original class of 1908. It now offers a variety of degrees, including doctorates, and has enrolled 9,913 new students for the start of 2022’s academic year. The school will offer more than 160 academic courses by 2022.

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Northeastern State University

Part-time, out-of-state tuition per credit: $268
The number of credits required to graduate:36
Total costs for out-of state students:$9 648
Rank: 210 (tie)
Graduation rate in three years (2021-2022: 56%)

Northeastern State, founded in 1846 under the name Cherokee National Female Seminary claims to be Oklahoma’s oldest higher education institution. In 1909, the state of Oklahoma bought the seminary and it became Northeastern State Normal School. In later incarnations, the school was known as Northeastern State Teacher’s College or Northeastern State College. Since 1978, the school has been operating under its current name.

Texas A&M University-Corpus Christi

Part-time, out-of-state tuition per credit: $302
The number of credits required to graduate:30
Total costs for out-of state students:$9 060
Rank: 261-344
Graduation rate for three years (2021-2022). Not provided

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In 1947, this Gulf Coast institution was founded under a new name. It had 312 students. U.S. News reported that by 2021, the undergraduate enrollment would be more than 8,00 students. The University was, and still is, located on an island. It is commonly referred to as the “Island University.” The official name of the school has changed several times.

Eastern University (PA),

Part-time, out-of-state tuition per credit: $300
The number of credits required to graduate:30
Total costs for out-of state students:$9,000
Rank: 261-344
Graduation rate for three years (2021-2022).Not Provided

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Six Baptist ministers founded the Eastern Baptist Theological Seminary on March 19, 1925. In 1932, a collegiate department was created. Twenty years later, the college moved to its present location in St. Davids. About 5,700 students are enrolled at the university, which offers more than 140 academic programs.

Fitchburg State University, Massachusetts

Part-time, out-of-state tuition per credit: $284
Credits required to graduate:
Out-of-state student total cost:$8,520
Rank: 261-344
Graduation rate in three years (2021-2022: 78%)

Fitchburg State began in 1894 as the State Normal School at Fitchburg, a former high school. It was a two-year program to train female teachers. The first bachelor’s degree was not awarded until 1930, and the State Teachers College at Fitchburg followed shortly after. Fitchburg State University was established in 2010 after two name changes and more programmatic expansion.

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University of Texas Permian Basin

Part-time, out-of-state tuition per credit: $275
The number of credits required to graduate:30
Out-of-state student total cost:$8,250
Rank: 132 (tie)
Graduation rate in three years (2021-2022:68%)

The Texas Legislature established this university in 1969 with the intention of creating a university for college seniors and juniors, as well as graduate students. Construction of the university was delayed for many years by a property dispute. It opened in 1973. The state legislature passed a law that created a four year college at the university. In 1991, this college enrolled its first “Pioneer Freshmen”.

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Louisiana Tech University

Part-time, out-of-state tuition per credit: $258
The number of credits required to graduate:30
Total costs for out-of state students:$7 740
Rank: 85 (tie)
Graduation rate in three years (2020-2021:72%)

Louisiana Tech was founded in 1894 and is an academic institution that focuses on industrial research. It now offers a wide range of bachelor’s degrees, master’s degrees, and doctoral degree programs. On its website, the school states that it expects faculty and students to adhere to a number of principles known as “Tenets of Tech” and embody core values such as enthusiasm and leadership.

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More About Online MBA Programs

Empower your online MBA journey: Ask the right questions before paying. Explore our comprehensive 2023 Best Online MBA rankings and dive into expert financing tips. Connect with U.S. News Education on Twitter and Facebook for ongoing support.