Top 10 Most Affordable MBA Colleges in USA 2024 | MBA in USA

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The USA boasts top universities, making it a global leader for MBA programs. Studying MBA over here marks an individual weightage on your resume, that’s why many international students come here in search of Affordable MBA Universities in USA

In order to achieve a management degree, you must understand that the MBA cost in USA is between 5 lacs INR to 30 lacs INR for the first year. 

However, there are several affordable MBA colleges in USA that offer similar teaching strategies to other top MBA colleges in the USA. So shall we start?

Affordable MBA Universities in USA

Now let’s begin our exploration of the most Affordable MBA Colleges in USA that welcome applications from international students.

1. Worcester State University

Worcester State University’s MBA admission program aims to enhance business operations, boosting the consumption of goods and services. This university is one of the most Affordable MBA Colleges in USA and provides one of the most affordable MBA programs in the USA. See the details below.

  • Accreditation – New England Commission on Higher Education, Inc. (NECHE)
  • 1st-Year Tuition Fees – 5.14 lakh
  • Course Duration – 1.5 years

2. Polytechnic University of Puerto Rico

The Polytechnic University of Puerto Rico offers a Master of Business Administration (MBA) program that provides graduate-level education in areas like general business and healthcare management. It is one of the Affordable MBA Universities in USA.

  • Accreditation – Middle States Commission on Higher Education (MSCHE)
  • 1st-Year Tuition Fees – 6.69 lakh
  • Course Duration – 1.5-2 years

3. Cameron University

The MBA program at Cameron University, also one of the Affordable MBA Universities in USA, is tailored for working professionals aiming to gain a competitive edge in the business world. Students acquire essential management skills and develop a comprehensive understanding of business environments.

  • Accreditation – Lone Star Conference, NCAA Division II
  • 1st-Year Tuition Fees – 8.04 lakh
  • Course Duration – 2 years

4. Southeast Missouri State University

At SMSU, international students can access accredited, high-quality MBA programs at an affordable price. The university offers nine diverse MBA options, available both offline and online.

  • Accreditation – Higher Learning Commission on Institutions of Higher Education (HLCCIHE)
  • 1st-Year Tuition Fees – 8.38 lakh
  • Course Duration – 2 years

5. Northeastern State University

Northeastern State University is also one of the most Affordable MBA Colleges in USA and provides a Master of Business Administration (MBA) program that accommodates working professionals. This program is available in online, blended, and face-to-face formats, allowing students to complete it in less than two years.

  • Accreditation – Accreditation Council for Business Schools and Programs
  • 1st-Year Tuition Fees – 9.27 lakh
  • Course Duration – 1.5-2 years

6. Central Michigan University

Central Michigan University’s MBA program is accredited by AACSB, the world’s largest business education alliance, ensuring it equips graduates for leadership roles in the global economy.

  • Accreditation – Association to Advance Collegiate Schools of Business International (AACSB)
  • 1st-Year Tuition Fees – 10.19 lakh
  • Course Duration – 1.5-2 years

Also, read Online Study In The USA

7. Minnesota State University

The MBA program at Minnesota State University, one of the most Affordable MBA Colleges in USA, equips graduates with the tools they need to thrive in the global business world. Classes are structured in eight-week modules, making it easier for students to learn.

  • Accreditation – Association to Advance Collegiate Schools of Business International (AACSB)
  • 1st-Year Tuition Fees – 10.00 lakh
  • Course Duration – 2 years

8. University of South Dakota

The MBA program at the University of South Dakota equips you with practical skills to lead in any organization.

  • Accreditation – Association to Advance Collegiate Schools of Business International (AACSB)
  • 1st-Year Tuition Fees – 11.61 lakh
  • Course Duration – 1.5 years

9. Missouri State University

Missouri State University stands out as one of the most Affordable MBA Colleges in the USA. It’s a great choice for students seeking a quality education in business.

  • Accreditation – Association to Advance Collegiate Schools of Business International (AACSB)
  • 1st-Year Tuition Fees – 15.58 lakh
  • Course Duration – 2 years

10. Lehman College

Lehman College provides the most Affordable MBA Colleges in USA for international students, offering a variety of specializations such as finance, human resource management, international business, marketing, and more.

  • Accreditation – Middle States Commission of Higher Education (MSCHE)
  • 1st-Year Tuition Fees – 18.17 lakh
  • Course Duration – 1 year

Average MBA Cost in USA

The Average MBA Cost in USA can vary significantly. Some universities offer programs starting at a remarkably affordable $5,169 USD, while others may go up to $14,086 USD or more. 

These costs encompass tuition fees and can be influenced by factors like the university’s location, reputation, and program duration. Prospective MBA students can find a range of options to suit their budget and academic goals.

Affordable MBA Colleges in USA: Return on Investment

Affordable MBA universities in USA offer excellent job prospects and a good return on investment. We can see this by comparing the yearly fees of these budget-friendly MBA programs with the average yearly salary that their graduates earn.

UniversityAnnual Tuition Fees (USD)Average Annual Salary of Graduates (USD)
Delta State University, Cleveland8,34767,000
California State University, Fullerton10,43375,000
Arkansas State University, Jonesboro11,27163,000
Lousiana Tech University, Ruston8,83272,000
Saint Mary’s University of Minnesota, Winona11,81775,000
Seattle Pacific University, Seattle13,85671,000

Conclusion

In the quest for an affordable yet valuable MBA education in the USA, international students have a variety of budget-friendly options. These Affordable MBA Colleges in USA offer a diverse range of programs, covering various aspects of business management. 

From Worcester State University’s economical tuition to Lehman College’s specialized offerings, these institutions provide opportunities for aspiring professionals. 
While the MBA cost in USA can range from $5,169 USD to $14,086 USD, the quality and diversity of programs ensure that you can find the perfect fit for their academic and financial needs.

Contact Meridean Overseas at 1800123000011 or visit our website for a complimentary counselling session.

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