10 Most Affordable Online MBA Programs in Economics under $20K

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Where Exceptional Value Meets MBA Affordability: AACSB-Accredited Economics MBA Programs from $12,294 to $19,908 in 2025

Top 10 Editor’s Picks for Affordable Online MBA Programs in Economics under $20K

Our ranking of the top 10 online MBA Programs in Economics for 2025 identifies programs that deliver exceptional value at an affordable tuition cost. We base our selection on comprehensive data analysis, key metrics (including tuition, graduate salary, and ROI), and expert editorial insight. These programs distinguish themselves through a strong combination of affordability, AACSB accreditation, academic quality, and impressive graduate career and financial outcomes.

Compere 121 AACSB-Accredited Economics MBAs with Tuition Under the $33,271 National Average

Compare your many options using this sortable table of 121 AACSB-accredited MBA Economics programs with tuition under the national average of $33,271.

Sort programs using Rank, Tuition, Starting Salary, and ROI. Find the program(s) that offers the best potential return for your budget. Click on any school name to view a comprehensive school profile.

Rank University In State TuitionAvg. Starting SalaryROIStateOnline
1 Indiana University Northwest $7,458 $75,000 906.00%INYes
1 Indiana University South Bend $7,458 $60,300 709.00%INYes
3 University of Central Oklahoma $9,068 $62,400 588.00%OKYes
4 Tennessee State University $9,452 $107,108 1,033.00%TNYes
5 Georgia Southern University $9,824 $70,200 615.00%GAYes
6 Columbus State University $9,855 $74,000 651.00%GAYes
7 New Mexico State University $10,314 $73,500 613.00%NMYes
8 East Texas A&M University $10,724 $81,000 655.00%TXYes
9 University of Central Arkansas $11,239 $53,700 378.00%ARYes
10 Stephen F. Austin State University $11,630 $65,950 467.00%TXYes
11 Angelo State University $12,251 $81,000 561.00%TXYes
12 Mississippi State University $12,294 $91,600 645.00%MSYes
13 University of West Florida $12,460 $57,200 359.00%FLYes
14 Western Kentucky University $12,600 $62,000 392.00%KYYes
15 East Tennessee State University $13,280 $52,400 295.00%TNYes
16 University of Nebraska at Kearney $13,293 $73,150 450.00%NEYes
17 Florida Gulf Coast University $13,428 $59,700 345.00%FLYes
18 Youngstown State University $13,500 $64,400 377.00%OHYes
19 Pittsburg State University $13,785 $52,600 282.00%KSYes
20 Governors State University $13,788 $73,900 436.00%ILYes
21 Southeast Missouri State University $13,804 $59,400 330.00%MOYes
22 Tarleton State University $13,865 $81,926 491.00%TXYes
23 University of Puerto Rico at Rio Piedras $13,926 $60,000 331.00%PRYes
24 Western Carolina University $13,967 $44,100 216.00%NCYes
25 Midwestern State University $14,174 $52,872 273.00%TXYes
26 University of South Alabama $14,400 $49,200 242.00%ALYes
27 Jackson State University $14,490 $55,900 286.00%MSYes
28 University of Illinois at Springfield $14,833 $68,300 360.00%ILYes
29 University of South Dakota $14,892 $47,553 219.00%SDYes
30 State University of New York College at Brockport $15,000 $55,950 273.00%NYYes
31 Missouri State University $15,108 $62,400 313.00%MOYes
32 University of West Georgia $15,125 $59,800 295.00%GAYes
33 Western Illinois University $15,231 $67,800 345.00%ILYes
34 Troy University $15,675 $61,000 289.00%ALYes
35 Francis Marion University $15,918 $42,600 168.00%SCYes
36 Radford University $15,984 $91,600 473.00%VAYes
37 University of Alabama at Birmingham $16,200 $75,000 363.00%ALYes
38 Louisiana Tech University $16,518 $46,771 183.00%LAYes
39 Frostburg State University $16,740 $83,700 400.00%MDYes
40 Purdue University Fort Wayne $16,756 $77,400 362.00%INYes
41 Alabama A&M University $17,313 $48,200 178.00%ALYes
42 Southern Connecticut State University $17,432 $67,435 287.00%CTYes
43 Appalachian State University $17,463 $63,285 262.00%NCYes
44 University of Nebraska at Omaha $17,493 $89,200 410.00%NEYes
45 The University of Texas Rio Grande Valley $17,745 $65,600 270.00%TXYes
46 University of North Florida $17,767 $62,014 249.00%FLNo
47 Idaho State University $17,856 $69,600 420.00%IDYes
48 Texas A&M University-Corpus Christi $17,997 $60,000 233.00%TXYes
49 University of Arkansas at Little Rock $18,071 $63,300 250.00%ARYes
50 Washburn University $18,080 $65,000 260.00%KSNo
51 Coastal Carolina University $18,460 $52,500 184.00%SCYes
52 Shorter University $18,645 $42,400 220.00%GANo
53 Kennesaw State University $19,000 $72,000 279.00%GAYes
54 Marshall University $19,170 $56,200 193.00%WVYes
55 Oklahoma State University $19,295 $73,300 280.00%OKYes
56 The University of North Dakota $19,793 $46,200 133.00%NDYes
57 Weber State University $19,908 $84,900 326.00%UTYes
57 Kent State University $19,908 $52,337 163.00%OHYes
59 Jacksonville State University $20,352 $95,570 370.00%ALYes
60 The University of Texas at El Paso $20,634 $52,900 156.00%TXYes
61 Salisbury University $20,792 $59,700 187.00%MDYes
62 Berry College $21,000 $53,850 156.00%GANo
63 Boise State University $21,043 $71,088 224.00%IDYes
64 West Chester University of PA $21,091 $90,600 330.00%PAYes
65 Sam Houston State University $21,147 $69,200 227.00%TXYes
66 Ball State University $21,197 $76,400 260.00%INYes
67 Ohio University $21,438 $49,598 131.00%OHYes
68 University of Alabama in Huntsville $21,483 $71,000 230.00%ALYes
69 Saginaw Valley State University $21,649 $102,450 373.00%MIYes
70 University of Nevada, Las Vegas $21,784 $93,820 331.00%NVYes
71 Southern Illinois University Carbondale $21,972 $59,600 171.00%ILYes
72 California State University, Los Angeles $22,052 $99,100 349.00%CANo
73 University of Alaska Anchorage $22,161 $68,700 210.00%AKYes
74 University of Tennessee at Martin $22,420-0-0TNYes
75 The University of Texas at Arlington $22,504 $78,800 250.00%TXYes
76 Georgia College & State University $22,970 $71,800 213.00%GAYes
77 Texas State University $23,365 $155,000 563.00%TXNo
78 The University of Iowa $23,453 $112,820 381.00%IANo
79 The University of Memphis $23,688 $74,800 216.00%TNYes
80 William Paterson University $23,820 $70,500 196.00%NJYes
81 University of Northern Iowa $23,917 $66,000 176.00%IANo
82 University of Cincinnati $23,996 $87,013 263.00%OHYes
83 Colorado State University-Pueblo $24,168 $49,500 105.00%COYes
84 West Virginia University $24,273 $61,847 155.00%WVYes
85 The University of Texas at San Antonio $24,512 $78,000 218.00%TXYes
86 The University of North Carolina at Greensboro $25,000 $70,100 180.00%NCYes
87 Slippery Rock University $25,318 $61,100 141.00%PAYes
88 University of Tennessee at Chattanooga $25,788 $79,043 207.00%TNNo
89 Drake University $25,848 $79,500 208.00%IAYes
90 The University of Mississippi $25,914 $60,977 135.00%MSYes
91 Palm Beach Atlantic University $25,920 $77,035 197.00%FLNo
92 University of Wisconsin-Whitewater $26,000 $78,000 200.00%WIYes
93 University of Wyoming $26,460 $93,010 252.00%WYYes
94 University of Florida $26,473 $117,197 343.00%FLYes
95 University of South Carolina $26,485 $97,819 269.00%SCNo
96 Middle Tennessee State University $26,712 $89,000 233.00%TNYes
97 California State University, Fresno $27,000 $88,500 228.00%CANo
98 Oklahoma City University $27,175 $81,000 198.00%OKYes
99 Bowling Green State University $27,200 $53,853 98.00%OHYes
100 Central Michigan University $27,300 $94,350 246.00%MIYes
101 California Polytechnic State University, San Luis Obispo $27,462 $113,151 312.00%CANo
102 San Francisco State University $28,000 $76,600 174.00%CANo
103 Wright State University $28,080 $115,000 310.00%OHYes
104 College of Charleston $28,204 $70,314 149.00%SCYes
105 The University of Alabama $28,377 $74,060 161.00%ALYes
106 Nichols College $28,440 $55,392 95.00%MAYes
107 Western Connecticut State University $28,638 $80,850 282.00%COYes
108 University of Wisconsin Oshkosh $29,168 $87,400 200.00%WIYes
109 Western Michigan University $29,377 $95,000 223.00%MIYes
110 University of Wisconsin-Eau Claire $29,700 $84,700 185.00%WIYes
111 Iowa State University $29,966 $75,552 152.00%IAYes
112 Grand Valley State University $30,024 $76,200 154.00%MINo
112 Oakland University $30,024 $86,300 187.00%MIYes
114 University of Hartford $30,168 $94,500 213.00%CTYes
115 University of the District of Columbia $30,765 $100,000 225.00%DCNo
116 California State University, Northridge $30,897 $77,400 151.00%CANo
117 University of Louisiana at Lafayette $31,281 $51,200 64.00%LAYes
118 Old Dominion University $31,564 $75,800 140.00%VAYes
119 Dominican University $32,004 $113,000 253.00%ILYes
120 John Carroll University $32,356 $65,000 101.00%OHYes
121 University of Nebraska-Lincoln $32,400 $92,300 185.00%NEYes

You might also be interested in the best ranked MBA and Master’s degrees in Economics here:  Online | In-Person

Find Affordable Online MBA Programs Now Accepting Economics Applicants

Our Ranking Methodology for High-Value Affordable Economics MBA Programs

MBAGuide.org’s ranking methodology combines quantitative data (80%) like student-faculty ratio, tuition, enrollment, and post-graduation salaries with qualitative factors (20%) such as editorial ratings and school reputation.

Additionally, for the most affordable and high value programs, we aim to find program tuition well below the national average for that degree, with graduate salaries that are above the national average to competitive to it and graduate ROI of of more than 200% within each degree, enabling prospective students to find high-quality, cost-effective options tailored to their location and career aspirations.

Most Affordable AACSB-Accredited Online MBA Programs by Concentration

Business School Data Sources from

See all data sources including 756 College and University Programs

Compare These National Averages for Economics Programs to the Affordable AACSB MBA Programs Above

$52,986

Average Tuition

$76,519

Average Starting Salary

559

Average GMAT Scores

215%

Average Graduate ROI

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