The United States of America has the largest number of universities with the highest rankings that provide world-class MBA programs. An MBA from the United States is seen as a noteworthy addition to your CV, and the high competition for an MBA in the United States is so fierce that the 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. Several MBA colleges in the USA 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.
Getting overwhelmed while choosing the university that suits your needs and resources the best can be an overwhelming task. But don't worry; Yocket, your one-stop solution for studying abroad, is here to simplify your journey to the USA's esteemed universities. Our comprehensive platform streamlines the application process, providing you with personalized guidance and support at every step. Book a free consultation call today and get started!
Why Study MBA in the 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 in getting 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 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 organization. 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.
Cost of Studying MBA in the USA
The ultimate cost of an MBA in the USA is determined by the 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, the expenses for Indian students average approximately $65,000 (INR 54,20,000) per year. Living expenditures are estimated to be approximately $19,700 (INR 16,42,000) per year.
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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 pocket-friendly MBAs in the US. Below is a list of top MBA colleges in the USA with low fees:
10 Most Affordable Universities in the USA for MBA
Here is a list of the 10 most cheap MBA colleges in the USA:
- University of South Dakota
- Cameron University
- Southeast Missouri State University
- Central Michigan University
- Worcester State University
- Minnesota State University
- University of Buffalo
- San Francisco State University
- Missouri State University
- University of Tampa
Let’s dive deeper into these affordable business schools in the USA for international students:
1. University of South Dakota
The first college on the list of pocket-friendly MBA colleges in the USA is the University of South Dakota. The 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.
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Popular MBA Programs |
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Average Fees Per Year |
12,530 USD (INR 10,45,000) |
Suggested: Benefits of Studying in the USA for International Students
2. Cameron University
The second on the list is Cameron University. Cameron's MBA program is intended for working professionals or recent graduates who want to gain 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.
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QS World University Ranking 2024 |
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Popular MBA Programs |
Masters of Business Administration |
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Average Fees |
628 USD (INR 52,300) per semester hour |
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 develop their highly valued skills in a theoretical context for solving business-related problems.
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Popular MBA Programs |
Master of Business Administration |
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Average Fees Per Year |
11,592 USD (INR 96,600) |
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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.
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1201-1400 |
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Popular MBA Programs |
Master of Business Administration |
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Average Fees |
850 USD (INR 70,900) per credit hour |
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5. Worcester State University
Worcester State University is another pocket-friendly university in the USA for an 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.
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Popular MBA Programs |
Master of Business Administration |
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Average Fees |
966 USD (INR 80,500) per 3-credit course |
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6. Minnesota State University
One of the best universities that provides low-cost MBAs in the 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.
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QS World University Ranking 2024 |
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Popular MBA Programs |
Master of Business Administration (On-campus and Online) |
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Average Fees Per Year |
8,474 USD (INR 7,06,000) |
Suggested: 5 Best Universities for Executive MBA in the USA
7. University of Buffalo
In an increasingly global business environment, the diversity of the MBA programs at the 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.
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Popular MBA Programs |
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Average Fees Per Year |
24,000 USD - 26,000 USD (INR 20,02,000 - 21,68,000) |
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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.
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1201 - 1400 |
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Popular MBA Programs |
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Average Fees Per Year |
3,155 USD (plus 626 USD per unit) - 5,071 USD (plus 626 USD per unit) INR 2,63,000 (plus 52,000 per unit) - INR 4,23,000 (plus 52,000 per unit) |
Suggested: MBA in USA Without Work Experience
9. Missouri State University
MSU's College of Business is one of the cheapest universities in the USA for an MBA. It is out of just 10% of colleges of business in the United States that are fully recognized by AACSB, the premier certifying organization for colleges of business administration. You may be confident that you are obtaining a degree of the highest caliber at MSU.
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1201-1400 |
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Popular MBA Programs |
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Average Fees Per Year |
10,880 USD (INR 9,07,000) |
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10. University of Tampa
One of the cheapest business schools in the 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.
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Popular MBA Programs |
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Average Fees Per Year |
25,000 USD (INR 20,85,000) |
Suggested: List of Documents Required for Applying to US Universities
From the Desk of Yocket
USA provides scope for the holistic development of international students with exposure to several cultures, world-class education, and high return on investment. And if you are ambitious to take that step and go to the US for your MBA, we hope you have made your decision on the choice of college. But if you haven’t, you are in the right place! With Yocket Premium, you not only get your profile built by our top-of-the-field counsellors, but you also get guidance for making a strong application that will get you the admission you are looking for. Get started today!
