If you’re looking into best AFFORDABLE MBA degree to advance your career and you’re considering going the online route then, you can opt-in for the cheap MBA in USA, you’ll have quite a few options.
Unfortunately, many of those options are still quite expensive.
Top 5 Best Affordable Online MBAs In US
Know that, I’m kinda a big fan of online MBAs because, more often than not, they represent the most flexible and most economical way to earn a degree.
The University of Illinois at Urbana-champaign happens to be in my TOP FIVE LIST BEST Online MBAs and because I’ve had such a great experience, I now spend a good amount of time spreading awareness and education around ONLINE MBA programs and it’s actually led me to do a lot more research on what really constitutes a strong MBA program, beyond just the rankings that we may see through conventional university ranking publications.
In short, it’s these five areas that i;
- Focus on
- Flexibility (Global University)
- Number of specializations offered and networking potential.
The top 5 Best Cheap Online MBAs
5. University of Louisiana Lafayette
This represents one of the better values for an MBA at just $13,000 and while the university is fairly well known in the US, Perhaps the brand is not as strong globally or abroad however, it does offer eight specializations, which gives you many options to differentiate your MBA and also interestingly enough it includes;
Healthcare administration and hospitality both of which are both harder to find in many programs. So these 2 in particular are good differentiators.
4. University of Nebraska
This is a far more recognized program both in the USA and abroad, so we’re jumping up quite a bit in ranking. and so is the price jumps up to $30,000 but, nonetheless, it’s still a great value it’s a fraction of the cost of most other strong reputable MBA programs and 6 specializations are offered here but, they’re all in the more traditional business functions business analytics.
3. Oklahoma State University
Although it ranks lower than the University of Nebraska, I give this one the edge because it is almost a third of the cost and it offers some pretty unique specializations. It offers 9 total,
Uh two that I’ll mention are Data Science, which is becoming more and more important for business decision-makers to understand so, this is actually a fantastic and a unique specialization to have and then there’s also energy business, which happens to be another unique specialization across MBA programs but, it makes sense here.
Because it’s Oklahoma, it’s big in the oil and gas sector so, all things considered. This is a really good value with some fairly unique specializations that you can use to differentiate your degree.
2. Boston University Online MBA
We’re taking a much bigger jump in terms of global brand recognition with Boston University that started offering their MBA online in the fall of 2021, So just last year they’re a long-standing established university founded in 1839 and one of about 130 r1 designated research into institutions in the US.
This just means that they produce a lot of research, the only downside I see here is that there, don’t appear to be any specializations offered, which does make it a bit challenging to differentiate the degree from other comparably ranked degrees.
However, you’re not going to find many programs in the ballpark of this ranking, at this cost which makes this the second-best value MBA.
1. University of Illinois at Urbana-Champaign
The University of Illinois to be the best value. But objectively speaking it’s still one of the best values for anyone out there looking for an MBA degree.
Now, like Boston University the brand recognition in the US and globally is among the best, it’s a top research institution and has been around since 1867. So they were also really the first University of its reputation to offer their MBA online at the price point that they did, which right now is around 22.5k.
It was unheard of when they launched it in January 2016 and even to this day it continues to be a rarity in higher education and the networking potential is incredible as there are many alumni of course but, also a large number of concurrent students in the program they’ve been doing this for a number of years and the student base has only grown exponentially since then, and to cap it off they offer a good number of specializations.
One of which is data analytics which is the newest offering and it really helps bring the MBA into the context of the modern business world which is reliant on mountains of data
But, then reliance on professionals to then interpret that data and take actions with it and to this day this program represents the best value for an Online MBA and really for any MBA in general due to the strong brand of the university and the price point in future posts.
One of the benefits of these online MBA programs is that you can do them from anywhere in the world so programs that are in Europe if you’re living in the US or Asia programs in Europe that offer online MBAs are now accessible without you having to relocate over there. So, again it really opens up the pool of potential programs for you.