A List of Affordable Online AACSB-accredited Master of Business Administration Programs

AACSB-Accredited & Affordable Online MBA Programs

Introduction

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The Master of Business Administration degree has long been the go-to graduate route for business professionals and managers. While there are now more options available than the MBA (see our management and leadership degrees), it still has a lot going for it, especially for those with certain goals. For example, if your intention is to gain a greater and deeper understanding of the various functions involved in administrating a business (e.g. finance, accounting, operations, data analysis, and marketing, to name a few), then the MBA will likely be a good fit. Whereas, if your goals lean more toward taking a wide-range of courses that will develop your knowledge and skills as a general manager or an organizational leader, then a master degree in management or leadership might be a better option.

But, let's say that after you have looked into all of your options you determine that the online MBA is right for you, but you do not have a specific school in mind. If this is you, then the below list is for you. What we have assembled is a list of quality schools that offer AACSB-accredited online MBA programs at an affordable cost. We chose this specific pairing because AACSB accreditation ensures certain long-held criteria have been met by the accredited school and, in this instance, the school meets that criteria at an affordable cost to you. Another secondary factor we considered was whether or not the school required a GMAT/GRE score and, if it does, does it offer an avenue for those scores to be waived (most of the programs below do indeed have criteria in place to allow for the waiving of GMAT/GRE test scores).

One last thing to consider before beginning the list below is whether or not you will be using the knowledge and skills you gain through your degree in a for-profit business setting or in a not-for-profit and/or government setting. If it is the former and you have determined that you want to learn more about the various functions of managing a business, then the MBA is probably the right program for you. However, if it is the latter, then we suggest you also take a look at our list of master degrees in public administration (MPA).

With all that said, please scroll on and happy searching!

List of Online MBA Programs (AACSB-Accredited & Affordable)

Business Manager speaking in an auditorium to a group of people

Arizona State University

Master of Business Administration

100% online

AACSB Accredited

49 Credit Hours

High Mid-Range Cost

GMAT/GRE is not required

*Significant number of electives built into the curriculum, allowing you to customize your degree more than many other programs on this list

ASU Online MBA Program

Ball State University

Master of Business Administration

100% online (the majority of the online classes are synchronous)

AACSB Accredited

30-34 Credit Hours

Mid-Range Cost

GMAT/GRE is required

*Offers the general curriculum option or the option to concentrate in one of eight specializations.

Ball State Online MBA Program

Central Michigan University

Master of Business Administration

-With several areas for concentration

100% online

AACSB Accredited

36 Credit Hours

Low-Range Cost

GMAT/GRE is not required

*Allows for concentration in one of 12 different areas.

CMU Online MBA Program

East Carolina University

Master of Business Administration

100% online

AACSB Accredited

33+ Credit Hours

Low-Range Cost

GMAT/GRE is required, but can be waived

*Low-cost, flexible admissions.

ECU Online MBA Program

Missouri State University

Master of Business Administration

100% Online

AACSB Accredited

34 Credit Hours

Low Mid-Range Cost

GRE/GMAT is required; can be waived under specific criteria

*The program front-loads 18 hours of foundational courses to "provide accelerated coverage of the knowledge base necessary for students to benefit most from the MBA curriculum."

Missouri State Online MBA Program

Northern Illinois University

Master of Business Administration

100% Online

AACSB Accredited

30 Credit Hours

Low Mid-Range Cost

GMAT is required; can be waived under specific criteria

*If an applicant does not have a bachelor degree in business, they will be required to complete 18 hours of phase one (foundational) courses; otherwise, the degree can be completed in 18 months.

NIU Online MBA Program

Sam Houston State University

Master of Business Administration

100% Online

AACSB Accredited

36 Credit Hours

Low Mid-Range Cost

GMAT is required; a waiver can be requested

*Does not appear to require a bachelor degree specifically in business.

Sam Houston State Online MBA Program

Southern Arkansas University

Master of Business Administration

100% Online

AACSB Accredited

30 Credit Hours

Low-Range Cost

GMAT/GRE is not required (requirement was recently removed)

*The program is designed primarily for students who possess a bachelor degree in business, but those with a business degree can be admitted into the program after taking 24 hours or prerequisite (foundational) business courses; otherwise, the program can be finished in two years.

SAU Online MBA Program

The University of Houston, Victoria

Global Master Business Administration

100% Online

AACSB Accredited

30 Credit Hours

Low-Range Cost

GMAT is required; can be waived under certain criteria

*A bachelor specifically in business is not required.

**offers several choices for concentration.

U of H, Victoria Online MBA Program

University of Louisiana, Monroe

Master of Business Administration

100% Online

AACSB Accredited

Around 36 Credit Hours

Low Mid-Range Cost for out-of-state tuition; Low-Range for in-state

GMAT/GRE not required

*Certain "background" (foundational) courses are required for full admittance; if a student does not have the required background courses, they can complete them through the program.

**Offers several areas for concentration.

U of L, Monroe Online MBA Program

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AACSB-Accredited & Affordable Online MBA Programs

Introduction

More Programs and Related Content

List of Online MBA Programs (AACSB-Accredited & Affordable)

Arizona State University

Ball State University

Central Michigan University

East Carolina University

Missouri State University

Northern Illinois University

Sam Houston State University

Southern Arkansas University

The University of Houston, Victoria

University of Louisiana, Monroe

Check out these Other Related Offerings by Management Works

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Free Online Management Courses

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The best way to predict the future is to create it.

AACSB-Accredited & Affordable Online MBA Programs

Introduction

More Programs and Related Content

List of Online MBA Programs (AACSB-Accredited & Affordable)

Arizona State University

Ball State University

Central Michigan University

East Carolina University

Missouri State University

Northern Illinois University

Sam Houston State University

Southern Arkansas University

The University of Houston, Victoria

University of Louisiana, Monroe

Check out these Other Related Offerings by Management Works

Best Modern Management Books

Free Online Management Courses

Management Certifications

The Introspective Leader Podcast

Management Works

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