MBAs are typically known as being one of the more costly degree programs which students can earn after undergrad, which is why it is so essential for many students to find programs that are cost-efficient but still teach the same lessons.  Online MBA programs can range from $7,000 for the program up to $109,000.  This wide disparity largely depends on accreditation status; lower costing schools typically lack accreditation or disguise themselves as having accreditation from a false institution.  The costlier schools are typically online classes from traditional high-end MBA programs that altered their programs to become accessible online.  Other factors come into play in making some MBA programs less costly than others, including geographic location and funding. 

Many cheap MBA programs are either unaccredited or accredited by the Distance Education and Training Council, which keeps the cost low for many online schools.  The average school that is accredited by the Distance Education and Training Council only costs $12,700 for the full degree program.  Additionally, nine schools accredited by the Council offer MBA degrees under $10,000.  While DETC accredited schools are not as widely recognized by employers due to other regionally accredited degree programs, employers still consider these degrees to be useful, although they may look for candidates from other accredited schools.  In this case, it may be wise to look at the next option, such as Chandron State College, which is a regionally accredited school and costs a whopping $7,060 for the entirety of the degree.  This is less than most DETC programs!

Other cheap online MBA programs depend on your location within the country.  East Carolina University offers the cheapest option for accreditation from the Association to Advance Collegiate Schools of Business’, costing less than $8,000 for North Carolina residents.  However, this is exclusive to North Carolinians; out-of-staters have to pay up to $26,000 for the same degree.  Many other public universities in the south offer online MBAs for less than $12,000, although this is typically the in-state tuition price.  However, it is only a matter of searching around your region to discover the best steals for MBA programs. 

Additionally, a new type of “hybrid” degree now offers students the option of partially taking classes online and still coming into the classroom on occasion.  This is another cost-effective way of earning an MBA because schools generally lower the price when students choose this option because it is a relatively new form of MBA degree programs.  However, the burden is on you as a student to get out there and research extensively into the many schools that are in your area to ascertain which school has the best option.  Cheap MBA programs are not readily advertised (if they are highly accredited), and it is therefore up to you to find cost-efficient programs. 

Top Online Colleges

More Info from Kaplan University Online
Kaplan University - Associate's, Bachelor's, & Master's Degrees. Kaplan University is a dynamic institution that offers accredited, online degrees to students seeking to jump start a new career. Kaplan University makes it easy for students to get the college degree that they want.
More Info on Kaplan University
More Info from the University of Phoenix
University of Phoenix - Associate's, Bachelor's, Master's, & Doctoral Degrees. University of Phoenix shows each student how easy and convenient it is to earn your college degree through their distance learning program. Students can choose to learn at home or from a campus location near you.
More Info on the University of Phoenix
Ashford
Ashford University - Associate's, Bachelor's, & Master's Degrees. Ashford University has a rich tradition of online educational excellence. This excellence is shown in the quality of each class that every student receives.
Ashford
AIU Online, American Intercontinental University Online
American InterContinental University Online - Associate's, Bachelor's, & Master's Degrees. At American InterContinental University, every individual has an opporunity to receive an excellent college degree and the ability to maximize their human potential. American InterContinental University allows you to pick a time and place that fits your schedule.
More Information on AIU Online University
Liberty University
Liberty University - Associate's, Bachelor's, & Master's Degrees. At Liberty University, students educational goals and needs are met by an outstanding faculty and support staff. Any adult learner looking to go back to school will be pleased with the course offerings available at Liberty University.
Everest University
Everest University - Associate's, Bachelor's, & Master's Degrees. Everest University is committed to the on-going commitment of providing each student with a high-quality, low-cost online education. Everest University has a well rounded faculty with real world experience.
Everest University
Saint Leo University
Saint Leo University - Associate's, Bachelor's & Master's Degrees. Reaching students all over the world, Saint Leo University has a truly diverse student body, including first time undergrads and working professionals. The university is dedicated in providing their students with the skills, tools, and knowledge needed to succeed in their desired professional careers.
Saint Leo University
Westwood College
Westwood College - Associate's & Bachelor's Degrees. Westwood College offers a wide array of programs ranging from Business Administration to Web Design. Students are sure to find the quality education and skills needed in order to succeed and achieve meaningful careers by attending Westwood.
Westwood College
Colorado Technical University
Colorado Technical University - Associate's, Bachelor's, Master's & Doctoral Degrees. As a well-known, accredited online university, Colorado Technical University is committed to developing great leaders. They teach students the latest techniques, methods, skills and experience needed to succeed in the fast-paced economy.
Grand Canyon University
Grand Canyon University - Bachelor's, & Master's Degrees. Offering graduate and undergraduate degrees, Grand Canyon University is ideal for any individual, first-time students or working professionals, to pursue a degree toward their career of interest. Their excellence in online education has brought many students to attend the university.
Grand Canyon University
Virginia College
Virginia College - Associate's, Bachelor's, & Master's Degrees. Virginia College offers a myriad of online programs for students seeking degrees anywhere from business administration to criminal justice. Their career-focused curriculum provides students with an edge upon graduation.
More Information on Virginia College
DeVry University
DeVry University - Associate's, Bachelor's, & Master's Degrees. Students who attend DeVry University are welcomed with an outstanding faculty who put each students needs and dreams first. DeVry University is an accredited university that offers affordable degrees.
More Information on DeVry University
Strayer University
Strayer University - Associate's & Bachelor's Degrees. Strayer University uses a student-centric approach to its educational curriculum and each student benefits from this ideal. Strayer University is an accredited university with degrees in high-growth industries.
Penn Foster Career School
Penn Foster Career School - Certificates. With career-focused programs, Penn Foster Career School is an ideal choice for students who want to pursue their desired careers. The college is staffed with industry and academic professionals who have superior knowledge within their fields.
Penn Foster Career School

Search Online Degrees

Did you enjoy this article?

AddThis Social Bookmark Button