Top MBA Colleges in USA with Low Fees


Mrunmayai Bobade
Updated on Jun 20, 2022 04:28 PM IST

Pursuing MBA in USA should not burn a hole in your pocket. There are several top MBA colleges in USA that provide a high-quality education for a fraction of the expense. This article will provide you with a list of top MBA colleges in USA with low tuition fees.

Top MBA Colleges in USA with Low Fees

Students need not spend an astronomical amount of money just to pursue an MBA programme to scale up their career. For several applicants, especially international applicants, who desire to pursue an MBA in USA, affordability is a major concern. So, let us get right to the point. A majority of the MBA programmes in the top US universities or top US business schools are quite costly. On the other hand, for that amount, students get an incomparable quality education, access to a wide network of industry professionals, crucial practical experience, and even job placements. While some students are able to pay high tuition fees to gain all these advantages, on the other hand, many students seek low-budget yet good business programmes that can offer the same features at low cost.

Furthermore, since MBA programmes in the USA are typically two years long (as opposed to one year in Europe), both the time and financial commitment soon add up. International students, who may or may not be able to get loans to cover tuition and fees, may find it particularly difficult to pay for an MBA. One way to cover such expenses is to get a scholarship, however, even here the competition is tough and scholarships are limited.

This is where a little research on US business schools with low-tuition fees can help you. There are various reasonably priced MBA programmes offered by reputed US universities which offer quality education, peer networking, and career opportunities. Some US business schools offer internationally accredited MBA programmes at a low cost without compromising on academics and employment opportunities.

10 Most Affordable US Universities for MBA

Nowadays, pursuing an MBA is the next step for any business or management aspirant looking to build a strong profile for the job market. As the demand for MBA graduates is increasing among popular employers, more students are choosing to pursue an MBA degree from a reputed institution. As a result, this increases competition among MBA aspirants as they compete with each other to find a place in top US business schools.

For international students, tuition fees are generally much higher than for domestic students. So, international students have to carefully budget everything for their study abroad process. Universities with low tuition fees yet quality teaching help such students realise their dreams and career goals.

An MBA from USA is regarded as a valuable addition to one's curriculum vitae (CV). The teaching techniques employed at the institutions listed below are identical to those used at the country's top-ranked MBA institutions. Let us take a closer look at these low-cost MBA programmes in US:

University Name

Tuition Fees (in USD)

Cameron University

Per semester hour - 628

Central Michigan University

Per credit hour - 850

Minnesota State University

Annual - 8,474

San Francisco State University

Per unit - 626

University of Tampa

Annual - 25,000

University of South Dakota

Annual - 12,530

Southeast Missouri State University

Annual - 11,592

Worcester State University

Per three-credit course: 966

University of Buffalo

Annual - 24,000-26,000

Missouri State University

Annual - 10,880

We have a specialised team of study abroad experts to assist you to shortlist the best MBA universities in the USA at an affordable cost.

Planning Your MBA in USA? Start Your Journey With Us!

Let us begin by addressing the most central question:

Why Study MBA in USA?

The United States is popular for being a hub of the world's most prestigious business schools. These b-schools offer cutting-edge facilities, academic excellence, and excellent job opportunities to help students get the most out of their MBA curriculum. The following are some of the most compelling reasons to get an MBA in USA:

Excellent Job Prospects

The bulk of Fortune 500 companies are headquartered in the United States, which increases your chances of being employed by a renowned company. Furthermore, a majority of universities and b-schools now offer career services or placement opportunities. This allows students to find a sure footing in their respective fields.

Industry Exposure

Internships/co-ops and other training programmes that allow students to contact industry specialists are highly valued at USA institutions. These programmes prepare them for future industry challenges and the job market.

Networking Opportunity

According to the US Department of Education, the United States has the world's largest MBA market, with over 1,25,000 MBA applicants graduating each year. This allows students to connect with alumni or like-minded peers while interning and create a wide network of professional connections.

Learning From The Best

US B-schools not only have top-rated MBA programmes but also reputed faculty. MBA aspirants get the opportunity to learn from experienced professors and industry personas. This encourages an active classroom where the teachers and students are interactive. Students get to learn from industry professionals and their experiences.

Globally Recognised Degree

An MBA degree from a US university or school is globally recognised and accredited by some of the major international institutions. MBA graduates have the freedom to work anywhere in the world. Students also get the opportunity to draw a good salary package with an MBA degree from a US B-school.

Types of MBA in USA

After discussing the top ten most affordable MBA universities, let us look at the many sorts of MBA programmes available in the USA. Although in India, the most popular and only MBA is a full-time two-year MBA, whilst US universitiesoffer the following types of courses:

Part-Time MBA

Part-time MBA sessions are only held on weekends thus the duration is double that of a full-time MBA. It is best suited for working professionals who want to get a degree alongside their employment. However, because the curriculum is identical to that of a full-time MBA, the time frame can be extended from two to four years.

Full-Time MBA

It takes two years to complete a full-time MBA in any US university or college. Students are introduced to core business subjects in the first year and then in the second year, students choose a specialisation. A full-time MBA curriculum may also involve practical projects or internships.

Accelerated MBA

Accelerated MBA only covers the most important core subjects and the specialisation topic. It is a rushed MBA programme, as the name suggests, that can take a year to 18 months to complete. It is best suited for people with prior business experience and skills.

Executive MBA

Executive MBA is mostly for business professionals or professionals with 5-10 years of experience. Professionals in higher positions in the organisations, such as managers or directors, usually take up this course. This MBA is meant to develop executive management abilities such as communication, leadership, and teamwork.

Can I Pursue MBA in USA For Free?

Studying MBA in USA for free is difficult as there are only a few schools that provide tuition-free programmes. However, several universities in the USA offer full scholarships to international MBA applicants. Indian aspirants can also avail themselves of such scholarships.

What is the Lowest and Highest Tuition Fee for MBA in USA?

The total cost of pursuing an MBA in USA usually includes tuition, accommodation and living expenses. Thus, a students total cost of attendance can vary as per their preference and lifestyle choices. However, if you just factor in the tuition fee amount, then the highest MBA tuition fee one can expect is around USD 65,000 per year. The lowest annual tuition fee for MBA at US colleges is USD 19,700. However, it is important to note that this amount can vary as per academic year and intake.

Is a Job Guaranteed After MBA in USA?

An MBA in USA gives students a boost in the competition for high-paying jobs. This does not, however, ensure career success. Nothing can guarantee a job as it all depends on the individual and situation of the job market. Survival is about adaptability, inventiveness, and skills that are not taught or tested in any MBA curriculum all around the world. However, many universities and colleges offer placement services and employment opportunities. So, students are encouraged to take advantage of their institutions career services to build their careers.

Pro Tip: While you are looking for MBA schools on a budget, you should also look for scholarships to help you stretch your dollar even further. Getting a scholarship can help you save money while pursuing an MBA at one of the top universities in the USA.

Want to know your chances of getting into one of the MBA colleges in the USA? Feel free to reach out to us at and let your queries be resolved by our experts.

Want to Shortlist US Universities with Low Fees?


Are there any MBA programmes in USA that do not require the GMAT?

Yes, there are many MBA programmes in USA that do not require the GMAT like one-year MBA at Hult International Business School, Executive MBA at Kellogg School of Management at Northwestern University, Executive MBA at Sawyer Business School at Suffolk University, Executive MBA and MBA in Financial Management at Lubin School of Business at Pace University, Professional MBA at College of Business at Florida International University, and the Executive programme MBA at Marshall School of Business at the University of Southern California.

Does pursuing an MBA in USA increase salary?

Yes, it can be said that pursuing an MBA in USA does increase your salary. As per a 2019 research conducted by the National Organisation of College and Employers (NACE), an American non-profit professional association, MBA grads earned more than USD 20,000 more than other graduates. The typical pay of recent MBA graduates in the USA was USD 115,000, according to NACE. This figure is expected to rise further with time.

How long does it take to complete an MBA programme in the USA?

A full-time MBA programme in the USA typically takes two years to complete. Many business schools in the USA also offer one-year MBA programmes. Aside from that, most business schools will provide evening or weekend MBA sessions for individuals interested in pursuing a part-time MBA.

Is it worth pursuing an MBA in USA at low fee colleges?

Yes, it is worth pursuing an MBA in USA at low fee colleges as long as the programme and institution are accredited. If the degree earned from that particular college or school is recognised globally, then it should not stop you from pursuing your dream course. In general, an MBA degree is an excellent choice for applicants who aspire to hold competitive high-level senior or management positions.

Are there any scholarships available for MBA in USA?

Yes, there are many scholarships available for MBA in USA like the JN Tata Endowment for the higher education of Indians, University of Pennsylvania Scholarships, Wharton - Emerging Economy Fellowships, Akhtarali H. Tobaccowala Fellowship, and many more. Some of the top US colleges and universities offer various types of scholarships to international students, such as Stanford Reliance Dhirubhai Fellowship, Columbia Business School - The Board of Overseers China & India Fellowships, Chicago Booth - The India Trust Fellowship, and Harvard University- Need-Based Fellowships.

Which is the cheapest MBA college in USA?

Texas A&M University provides the cheapest online MBA programmes in the USA that are less than USD 6,000 per year. The 12-month completion period of the reasonably priced online MBA programme at Texas A&M University also makes it one of the short-time MBA programmes in the USA.

Is the GMAT exam required for MBA programmes in USA?

Yes, the GMAT exam is required for MBA programmes in USA. Even US universities with low fees may require a GMAT score. This is because the majority of business schools in USA demand it and give it a lot of weight throughout the admissions process. A GMAT score allows business schools to compare candidates on an equal playing field.

Can Indian students pursue MBA at low-cost USA universities?

Yes, Indian students can pursue MBA at low-cost USA universities. MBA programmes in USA are quite popular among Indian students. To be eligible for an MBA programme, candidates must have a bachelor's degree and a GPA of 3.5 or higher. Indian students having a bachelor's degree in any field of study may also apply for an MBA at top USA colleges with low fees.

What is the most in-demand MBA programme in the USA?

General Management is the most in-demand MBA programme in the USA. General Management is typically probably one of the best MBA specialisations. Students studying general management will acquire a range of management abilities and viewpoints, from human resources and marketing to systems and UX, that may be used in enterprises across many industries.

Is it better to pursue an MBA in USA or MBA in UK?

An MBA in UK typically takes less time if a student is weighing their options between a US and UK MBA and wants to progress in their profession more quickly. While MBA in USA might span two years or longer, graduate programmes in Europe last roughly one year to 16 months. You can learn more about MBA in UK vs MBA in USA here.

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