Colleges and universities across the nation that offer online MBA programs charge an average tuition of $13,509 per year. Over the past few years, the average tuition has increased. This change in tuition was approximately 15.9%. The per annum average tuition was $11,656 at these online colleges and universities in 2007.
The tuition range for online MBA colleges is displayed in the following graph. Tuition is shown from the highest to lowest cost colleges and universities.
|Tuition Level||Number of Schools|
At the high end, schools offering online MBA programs charge students more than $20,506 in tuition per annum. However, the cheapest colleges charge students yearly tuition costs ranging from $970 to $6,122. The accredited online MBA schools that are the least costly are located in Florida, Massachusetts, New Mexico, Texas, and Wyoming.
- Master of Business Administration in Network and Communications Management
- Master of Business Administration
- Master of Business Administration in Public Administration
- Master of Business Administration in International Business
- Master of Business Administration in Real Estate
- Master of Business Administration in Marketing: Services Marketing
- Master of Business Administration in Risk Management
- Master of Business Administration in Human Resource Management
- Master of Business Administration in Marketing Management
- Master of Business Administration in Information Assurance
A reported 29% of business administration graduates from online schools around the US graduated from these affordable programs in 2011. Therefore, of the 2,195,770 graduates from across the country, 631,468 are from the least costly colleges. From 2006 to 2011, the percentage of business administration graduates from the most inexpensive online schools has decreased. However, the number of graduates has increased by 17,008 graduates per year.
Other somewhat more expensive online MBA colleges charge students tuition ranging from $6,128 to $11,920 per year. Tuition in this range is charged by 98 of the 283 online colleges offering MBA programs in the country.
Approximately 656,239 students earned their degrees from these low tuition online programs in 2011. This is 30% of the nation’s business administration graduates. Only 394,645 students earned credentials from these colleges in 2006, which was only 5 years prior. Thus, the number of graduates from these affordable online colleges has increased by 66%.
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