25 AACSB Accredited Online MBAs That Are Affordable

Here you will find information about the 25 cheapest AACSB accredited online MBA programs. There are many elements that play a role in tuition costs: is the school public or private, where is the school located, what amount and what quality of technology is used.

Online MBA program costs can range from under $10,000 up to well over $100,000. Tuition rates for online MBA programs presented by public schools may be really cost effective, see the list below.
MBA programs with some of the highest tuition rates include schools such as Syracuse University (total tuition of $69,875, Babson College (approximate tuition rate of $78,200 for the fast track MBA), Thunderbird School of Global Management (total tuition of $69,800), and the most expensive available online MBA program in the U.S. is Duke University MBA – Global Executive Online (total tuition of $162,000).

Please note that all mentioned fees are for 2013/14, and only for state residents. Out of state students may have to pay considerably more, so please check with schools.

Here are the 25 cheapest AACSB accredited online MBA programs:

University of Louisiana at MonroeCollege of Business Administration
700 University Avenue, Monroe, LA 71209, Phone: 877-856-6654
In case you wanted to go after an accredited MBA but could not believe that you had the time or sufficient funds? Well, it might be time to reconsider that thought. Find out about the opportunity to acquire an MBA completely online available at The University of Louisiana at Monroe. This is the cheapest AACSB accredited online MBA in the U.S. MBA: $12,015

University of North DakotaCollege of Business and Public Administration
University Station, Grand Forks, ND 58202, Phone: 800-342-8230
The University of North Dakota offers the identical tuition for online courses no matter what your residency status is. This implies that you will pay UND’s in-state tuition rate for your web-based MBA program regardless of where you live. The school’s online MBA program prepares you to fulfill real world management issues at the executive level. MBA: $12,620

Jacksonville State UniversityCollege of Commerce and Business Administration
700 Pelham Road North, Jacksonville, AL 36265, Phone: 256-782-5781
The objective of the College of Commerce and Business Administration (CCBA) is to teach a varied undergraduate and graduate student body for effective job opportunities and managerial employment in a dynamic international setting, to become successful and honorable citizens, and to be ready for advanced studies in addition to lifelong learning. MBA: $13,170

University of South Dakota, Beacom School of Business
414 E. Clark Street, Vermillion, SD 57069, Phone: 800-233-7937
The objective of the school’s online MBA program is to cultivate leaders for business, industry and government, and to inspire those students that tend to have a passion for teaching and talent for an academic career to proceed with their work at the doctoral level. General MBA: $13,200

Frostburg State University, College of Business
101 Braddock Road, Frostburg, MD 21532, Phone: 301-687-4000
The Frostburg State University MBA Program presents the possibility to establish and improve the managerial competencies required to become successful in any kind of organizations – both today and in the future – whether in for-profit or non-profit sectors. MBA: $16,165

Southeast Missouri State University, MBA Office
1 University Plaza, Dempster Hall 201, Cape Girardeau, MO 63701, Phone: 573-651-5116
The MBA general management option is offered fully online, and benefits those students whose agendas, location or time limitations would otherwise prevent them from obtaining an MBA degree because coming to campus is next to impossible. This online option is perfect for people who need to have flexibility due to their private or professional conditions. MBA General Management: $16,815

West Chester University, College of Business and Public Affairs
University Avenue and High Street, West Chester, PA 19383, Phone: 610-436-2608side_people1
The school’s online MBA Program’s thorough curriculum is a graduate business education that lets students meet with a wide-range of business situations presented by premium quality, real-world targeted teachers, and presented in formats (hybrid or online) that are agreeable for the needs and demands of working professionals. MBA: $17,920

Murray State University, College of Business and Public Affairs
109 Business Building, Murray, KY 42071, Phone: 270-809-4190
The College of Business and Public Affairs at Murray State University offers online graduate programs in the following sectors and concentrations: Accounting, e-Commerce, Economics, Finance, General Management, and Marketing. MBA: $18,840

Mississippi State University, College of Business
75 B. S. Hood Road, Starkville, MS 39762, Phone: 662-325-2323
Of course at MSU academics in the classroom is top priority, but the school features many other activities that lead to student involvement. MBA students are invited to visit corporate headquarters and online students are encouraged to involve in social networking with the MBA Association. All these engagement are set up to develop your competencies. MBA: $19,345

University of Tennessee-Martin, College of Business and Public Affairs
216 Business Administration Bldg., Martin, TN 38238, Phone: 731-881-7000
This online MBA program is excellent for full-time employees of regional community banks and also for employees within other areas of the financial services industry. The MBA program stimulates diversity and the school stimulates qualified people with a variety of undergraduate degrees to submit an application. MBA for Banking Professionals: $19,360

University of Mississippi, School of Business Administration
P.O. Box 1848, University, MS 38238, Phone: 662-915-5820
The outstanding quality of the online University of Mississippi MBA program is undisputed by organizations all over the world. You could become involved in one of the greatest MBA programs in the nation and experience the benefits and flexibility of nighttime classes, full-time or part-time registration, and numerous access points all through the year. MBA: $19,630

Tennessee Technological UniversityCollege of Business
1 William L. Jones Drive, Cookeville, TN 38505, Phone: 931-372-3600
The objective of the TTU MBA degree is to provide you with a professional program that will prepare graduate students from various backgrounds for fulfilling careers in for-profit and non-profit organizations. The primary area of business studies is extensive with the objective of building general management skills via extensive training such as case simulations and research projects. MBA: $20,400

Texas A & M University-Commerce, College of Business
P.O. Box 3011, 2600 Neal Street, Commerce, TX 75429, Phone: 866-622-3899
By providing revolutionary and progressive MBA programs, the College of Business & Entrepreneurship offers you the expertise and functional tools that you will need for a successful career in an ever changing and competitive global world of business.  MBA: $21,250

University of Houston-Victoria, School of Business Administration
3007 N Ben Wilson, Victoria, TX 77901, Phone: 800-687-4293
Via the Global flexible MBA program students with complicated professional and personal schedules have the freedom to study when and where they like, while traveling overseas or during lunch breaks at work. Now it is possible for them to complete the Global MBA program on their own agenda. Global MBA students only must go on campus for the International Simulation Project.
Global MBA: $21,935

University of Memphis, Fogelman College of Business and Economics
3641 Central Avenue, Memphis, TN 38111, Phone: 901-678-2432
The Fogelman College of Business and Economics is focused on offering an encouraging academic setting for its students. This involves establishing the very best options available to improve and optimize all students’ college experiences and learning. The university of Memphis has students from nearly every state and from over 80 foreign countries. MBA: $22,400

Prairie View A & M University, College of Business
P.O. Box 519, Prairie View, TX 77446, Phone: 939-261-9200
Prairie View A&M University offers several MBA courses for working adults regardless where they work or live. Students may take courses that satisfy the rigorous degree requirements for the MBA program completely online. The MBA degree is developed to offer you opportunities to obtain the knowledge and skills required to have success in both for-profit and non-profit  organisations. MBA: $23,780

Ball State University, Miller College of Business
Whitinger Business Bldg, r. 100, 2000 W. University Ave., Muncie, IN 47306, Phone: 765-285-7581
For more than fifty years, Ball State University’s Miller College of Business has been offering the world’s leading business professionals top post-academic education. Applying revolutionary technologies to offer flexibility and personalization to MBA students, Ball State adjusts major degrees and course options with personal ambitions. MBA:$23,850

University of North Texas, College of Business Administration
1155 Union Circle, Denton, TX 76203, Phone: 940-369-8977
The College of Business has designed three entirely online MBA programs: MBA in Strategic Management, MBA in Marketing, and MBA in Finance. Throughout these three MBA programs, students extensively their backgrounds, MBA foundation, and concentration classes in an online format. MBA: $25,510

Sam Houston State University, College of Business Administration
P.O. Box 2056, Huntsville, TX 77341, Phone: 936-294-4040
The school provides more flexibility for individuals having strenuous schedules, and students who are accepted into the MBA program can choose to take the entire program (or parts) online, or with face-to-face classes at The Woodlands Center (nearly all classes at TWC are available at night), or through face-to-face classes at the school’s main campus in Huntsville. MBA: $29,700

University of Houston-Clear Lake, School of Business
Clear Lake, Room 2239, 2700 Bay Area Blvd, Houston, TX 77058, Phone: 281-283-3100
Regardless of whether you are starting off, developing or changing your career path, or whether you would like to be involved in a large or a small corporation, or whether it will be a public or a private organization, the UH MBA program can deal with your current needs and organize you to meet up with your future, placing you on the right path and offering you entry to interesting and challenging destinations that are lying further than your expectations. MBA: $29,965

State University of New York (SUNY) at Oswego
7060 Route 104, Oswego, NY 13126, Phone: 315-312-2500
The SUNY online MBA is a flexible program, arranged to fulfill your desires at a budget friendly price. SUNY Oswego’s MBA program is AACSB accredited and provides you with the required tools to meet your professional objectives. MBA: $30,240

East Carolina University, College of Business
Bate Building, Greenville, NC 27858, Phone: 800-398-9275/252-328-6321
The online MBA program offered by East Carolina University’s College of Business will deliver a superior quality and still flexible business training famous for it’s high value and significant student interaction that prepares enrollees for employment opportunities in the 21st century. MBA: $31,385

Oklahoma State University, Spears School of Business
215 Business Building, Stillwater, OK 74078, Phone: 800-678-3933
The online MBA program is developed to integrate the knowledge, skills and experiences required to help you accomplish your career objectives. The program differs from other online or virtual MBA programs in that it includes the identical teamwork focus presented in the full-time MBA. MBA: $33,370

Florida Atlantic University, Graduate College of Business
777 Glades Road, Boca Raton, FL 33431, Phone: 561-297-3624
The FAU MBA program presents advanced management education in a setting that stimulates students to improve their leadership skills. An MBA degree allows students to obtain extensive managerial competencies and to cultivate specialized competence in a business concentration that best meets their professional ambitions. MBA: $40,990

In case your GMAT scores are poor but your experience is huge, check out Cheap Online MBA – No GMAT

All tuition costs are estimates and based on 2013/14

What  the AACSB accreditation means for students

AACSB requires that faculty members be “academically qualified (AQ)” or “professionally qualified (PQ).”  A faculty member is considered AQ for five years after the receipt of the doctoral degree.  Beyond five years duration, the faculty member should have published in peer-reviewed scholar journals a certain number of articles in the immediate past 5 years time-period.  The number of stipulated articles depends on the mission statement (importance placed on research or teaching) and the degree taught (Bachelor’s, MBA or PhD).

While there is some room for subjectivity, the “faculty sufficiency” criteria is a challenge for many B-schools in India because, for long, we have emphasized only teaching. This is where serious leadership and efforts are required across business schools in India.

The final grouping of standards pertains to “assurance of learning (by students).”  Standards 15 to 21 relate to this.  AACSB wants the schools to measure the learning directly, not through direct measures.  An example of direct measure is a survey of the students’ performance in classroom.