MBA: The Why, The Whats & The Hows

Cheap MBA Colleges in USA: 10 Best Cheap MBA Colleges in USA

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Yocket Editorial Team
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The United States has the most number of universities that provide world-class MBA programs. When it comes to top MBA lists and rankings, American universities are placed in a distinguished position. That is why an MBA from the United States is seen as a noteworthy addition to your CV. Because the competition for an MBA in the United States is so fierce, tuition fees automatically rise and become prohibitively costly for overseas students.

However, this is not true of all good business schools in the United States. There are several cheap MBA colleges in USA that provide a world-class education for a fraction of the expense. The teaching methods used at these institutions are identical to those used at the top-ranked universities in the country, so you need not be worried about the quality of education.

In this blog, we have discussed the list of universities that provide the cheap MBA in USA for international students along with their cost and programs.

Table of Contents

Why Study MBA in USA?

The United States is well-known for being home to the world's most prestigious business schools, which provide cutting-edge facilities, academic brilliance, and great employment chances to assist MBA students to get the most out of their education. Some of the primary reasons why pursuing an MBA in the United States is worthwhile are as follows:

  • Industry experience: US B-schools place a premium on experiential learning through internships/co-ops and different training programs that allow students to connect with industry experts in order to prepare them for future industry difficulties.
  • Excellent employment opportunities: The majority of Fortune 500 firms have their headquarters in the United States, which boosts the likelihood of being hired by a reputable organisation. Furthermore, the nature of the occupations is increasingly essential, with leadership-oriented tasks required for key decision-making roles.
  • First choice of MBA aspirants: As per the US Department of Education, the US is the largest MBA market in the world with more than 1,25,000 MBA candidates graduating annually.

Suggested: 22 Low Tuition Fee Universities in USA for MS

Cost of Studying MBA in USA

The ultimate cost of an MBA in the USA is determined by the USA MBA fees charged by your university and the lifestyle you select. The costs can be further subdivided into two categories: tuition fees and living expenses.

In terms of tuition fees, MBA in USA expenses for Indian students averages approximately 50 lakh rupees or 65,000 USD per year. Living expenditures, which are estimated to be approximately 15 lakhs or 19,700 USD per year , are added to this cost.

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Since you are now aware of the cost of an MBA in the USA, let us now look at the best universities providing low cost MBA in US. Below given is a list of top MBA colleges in USA with low fees:

10 Most Cheap Universities in USA for MBA

Here is a list of the 10 most cheap MBA colleges in USA:

  1. University of South Dakota
  2. Cameron University
  3. Southeast Missouri State University
  4. Central Michigan University
  5. Worcester State University
  6. Minnesota State University
  7. University of Buffalo
  8. San Francisco State University
  9. Missouri State University
  10. University of Tampa

Let’s dive deeper into these affordable business schools in USA for international students:

1. University of South Dakota

The first college on the list of cheap MBA colleges in USA is the University of South Dakota. Their Master of Business Administration (MBA) degree program focuses on analytical and critical thinking skills, the evaluation of alternative courses of action, an understanding of the impact of the business environment on business decisions, and the application of ethical principles in identifying and resolving business dilemmas.

QS World University Ranking 2022

251 - 300

Popular MBA Programs

Business Administration (MBA)

MBA in Business Analytics

MBA in Finance

MBA in Health Services

MBA in Marketing

MBA in Operations and Supply Chain Management

Average Fees Per Year

12,530 USD

Suggested: Benefits of Studying in USA for International Students

2. Cameron University

The second on the list of cheap MBA colleges in USA is the Cameron University. Cameron's MBA program is intended for working professionals or recent graduates who want to get a competitive advantage in the business world. This degree program offers students coursework in a range of business areas such as finance, accounting, marketing, and more.

QS World University Ranking 2022

-

Popular MBA Programs

Masters of Business Administration

Average Fees

628 USD per semester hour

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3. Southeast Missouri State University

Southeast Missouri State University is known for providing affordable MBA programs for international students. They provide something for any student who wants to pursue an MBA, with nine distinct MBA choices that include both in-person and online courses. The program helps students in developing their highly valued skills to have a theoretical context for solving business-related problems.

QS World University Ranking 2022

476

Popular MBA Programs

Master of Business Administration

Average Fees Per Year

11,592 USD

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4. Central Michigan University

CMU's MBA program is designed to educate graduate business students for positions of leadership in today's global economy. The program offers an active student learning environment as well as a curriculum that caters to the needs of both part-time and full-time students from all over the world. AACSB accreditation has been granted to the department of Business Administration at Central Michigan University.

QS World University Ranking 2022

301 - 350

Popular MBA Programs

Master of Business Administration

Average Fees

850 USD per credit hour

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5. Worcester State University

Worcester State University is another cheapest university in USA for MBA. The Department of Business Administration and Economics at Worcester State University will provide you with a solid foundation in the economic and business theories and practices that you will need to excel in today's competitive work climate. It prepares you for different executive roles in business.

QS World University Ranking 2022

-

Popular MBA Programs

Master of Business Administration

Average Fees

966 USD (per 3-credit course)

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6. Minnesota State University

One of the best universities that provide low-cost MBA in USA for international students. The Master of Business Administration (MBA) program at Minnesota State University is designed to prepare future leaders with the information and abilities needed to flourish in a global business market. The students learn managerial skills, ethics and leadership through real-world applications.

QS World University Ranking 2022

-

Popular MBA Programs

Master of Business Administration (On-campus and Online)

Average Fees Per Year

8,474 USD

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7. University of Buffalo

In an increasingly global business environment, the diversity of the MBA programs at University of Buffalo’s School of Management opens doors for graduates at any business in the world. The mission of the University at Buffalo School of Management is to advance the practice of management within a global context, through scholarly research, education and professional and community service.

QS World University Ranking 2022

151 - 200

Popular MBA Programs

Full-Time MBA

Part-Time MBA

Executive MBA

Average Fees Per Year

24,000 USD - 26,000 USD

Suggested: Expenses Before Leaving to Study in US

8. San Francisco State University

The MBA program at San Francisco State University will enable you to confidently tackle real-world business difficulties. It was named one of the top ten Best Green MBA programs in the world, based on student evaluations of how well the students are trained to solve environmental, sustainability, and social responsibility concerns in their employment.

QS World University Ranking 2022

1001 - 1200

Popular MBA Programs

MBA for Executives

MBA for Biotech Professionals

MBA Flexible

MBA Fastrack

Average Fees Per Year

3,155 USD plus 626 USD per unit - 5,071 USD plus 626 USD per unit

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9. Missouri State University

MSU's College of Business is one of the cheapest university in USA for MBA. It is out of just 10% of colleges of business in the United States that are fully recognized by AACSB, the premier certifying organisation for colleges of business administration. You may be confident that you are obtaining a degree of the highest calibre at MSU.

QS World University Ranking 2022

-

Popular MBA Programs

MBA (Traditional)

MBA (Accelerated)

MBA (Evening)

MBA (Online)

MBA (Certificate)

Average Fees Per Year

10,880 USD

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10. University of Tampa

One of the cheap business schools in USA for international students, the University of Tampa will make you learn how to combine research and practice across all-important business domains, whether you work in the public or private sectors. During your MBA, you will learn important leadership qualities including creativity, innovation, cooperation, and problem-solving. You will also be introduced to creative business theory in a practical setting.

QS World University Ranking 2022

-

Popular MBA Programs

Full-Time MBA

Part-Time MBA

Professional MBA

Executive MBA

Average Fees Per Year

25,000 USD

Suggested: List of Documents Required for Applying in US Universities

This was the list of cheap MBA colleges in USA. Apart from the list of cheap universities in USA for MBA mentioned above, there are a lot of other affordable universities for MBA with the lowest MBA fees in USA. If you’re looking for cheap MBA in USA , remember to do your research thoroughly before applying. For more guidance do get in touch with our counsellors at Yocket.

Frequently Asked Questions about Cheap MBA Colleges in USA

Ques. Which is the best university providing the cheapest MBA in USA for Indian students?

Ans. USA has some renowned universities offering world-class education, training, and work opportunities. There are many universities providing the cheapest MBA in USA for Indian students. Brigham University provides an affordable MBA in USA for Indian students.

Ques. What are some top MBA colleges in USA with low fees?

Ans. Apart from the ones mentioned above, these are some other top MBA colleges in USA with low fees :

  1. California Miramar University
  2. Saint Mary’s University of Minnesota
  3. Northeastern State University
  4. The University of North Carolina (Wilmington)

Ques. Are there affordable MBA programs in USA for international students?

Ans. Yes, there are some top MBA colleges in USA with low fees for Indian students. An estimated lowest cost of MBA for Indian students would be around 10,000 USD-25,000 USD.

Ques. What is the starting salary after MBA in USA?

Ans. The average salary of MBA in USA upon graduation is approximately 50,000 USD per annum.

Ques. How long does it take to get jobs in USA after MBA?

Ans. It is advisable to start your job hunt at least 6 months before your last term ends. In this way, you are likely to get jobs immediately or are all prepared to look for jobs wisely after completion of your MBA in USA.