Affordable MBA Programs

Most prospective business students understand that earning a Master's in Business Administration through traditional means can be expensive. The average cost of a university-level MBA program is about $40,000 per year, according to the MBAPrograms.org. However, online MBA programs are a cost-effective alternative, and there are several accredited schools that offer them.
  1. Kaplan University

    • The MBA program at Kaplan University is accredited by the Higher Learning Commission (HLC) and is affiliated with the North Central Association of Colleges and Schools (NCA). Students learn to create value in the production and distribution of goods and services throughout each step in the supply chain, make existing operations more efficient, properly evaluate business decisions from a social and ethical standpoint and develop leadership skills. Areas of specialization include entrepreneurship, finance, healthcare management, international business, marketing, human resources, project management and supply-chain management and logistics.

      Kaplan University

      550 W. Van Buren St., 7th Floor

      Chicago, IL 60607

      866-527-5268

      online.kaplanuniversity.edu

    University of Phoenix

    • University of Phoenix, in its online MBA program, seeks input from industry professionals to ensure that lesson plans are current. Students receive all course materials electronically and take just one class at a time, allowing them to balance study with day jobs and other obligations. Specializations include accounting, global management, marketing, public administration, technology management, healthcare management and human resources management. Though completed online, this program may not be available in all areas. Interested parties should contact an enrollment advisor for verification. The program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

      University of Phoenix

      866-766-0766

      phoenix.edu

    Ashford University

    • Ashford University offers an accelerated two-year MBA program consisting of courses that are intended to enhance analytical, critical-thinking, project-management and leadership skills. Students need only 33 credits to graduate and can choose to specialize in any of more than a dozen areas such as business economics, environmental management, healthcare administration, organizational leadership, information systems and entrepreneurship. Applicants must have a Bachelor's degree with a minimum 2.0 GPA from an approved regionally or nationally accredited school and must be fluent in English. Students are allowed to transfer in up to nine applicable semester credits from their previous school.

      Ashford University

      400 North Bluff Blvd.

      Clinton, Iowa 52732

      866-711-1700

      ashford.edu

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