10 Most Affordable Online MBA Programs in Education under $45K

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Where Exceptional Value Meets MBA Affordability: AACSB-Accredited Education MBA Programs from $19,000 to $44,351 in 2025

Top 10 Editor’s Picks for Affordable Online MBA Programs in Education under $45K

Our ranking of the top 10 online MBA Programs in Education 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.

Indiana State University

Scott College of Business

Location:

  • Terre Haute

,

  • IN

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $17,730
  • Graduate Salary: $82,000
  • Graduate ROI: 332%
  • GMAT Required: Yes
  • Avg. GMAT: 685
  • Student / Faculty Ratio: 18:1
  • Business School Enrollment: 1,093

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 9
  • Accounting
  • Corporate Finance
  • Education
  • Finance
  • General Business
  • Information Systems
  • Insurance
  • Management
  • Marketing
  • Operations Management
  • Rankings
  • City Rank: 1
  • State Rank: 3
  • National Rank: 76
  • Online Rank: 46
  • Best in:

Illinois State University

College of Business

Location:

  • Normal

,

  • IL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $1,521,252
  • Graduate Salary: $72,000
  • Graduate ROI: 473%
  • GMAT Required: No
  • Avg. GMAT: 526
  • Student / Faculty Ratio: 21:1
  • Business School Enrollment: 4,193

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 15
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Education
  • Ethics
  • Finance
  • General Business
  • Global Management
  • Information Systems
  • Insurance
  • International Business
  • Leadership
  • Management
  • Marketing
  • Project Management
  • Rankings
  • City Rank: 1
  • State Rank: 11
  • National Rank: 282
  • Best in:

University of Northern Iowa

College of Business

Location:

  • Cedar Falls

,

  • IA

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $18,344
  • Graduate Salary: $50,856
  • Graduate ROI: 277%
  • GMAT Required: Optional
  • Avg. GMAT: 490
  • Student / Faculty Ratio: 17:1
  • Business School Enrollment: 1,586

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 10
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Education
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Leadership
  • Management
  • Marketing
  • Real Estate
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 4
  • National Rank: 398
  • Best in:

University of Wisconsin Oshkosh

College of Business

Location:

  • Oshkosh

,

  • WI

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $25,740
  • Graduate Salary: $87,400
  • Graduate ROI: 200%
  • GMAT Required: Optional
  • Avg. GMAT: 550
  • Student / Faculty Ratio: 17:1
  • Business School Enrollment: 1,491

Degree Level(s):

  • E-MBA
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 6
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Education
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Insurance
  • Management
  • Marketing
  • Project Management
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 4
  • National Rank: 257
  • Online Rank: 185
  • Best in:

University of the District of Columbia

School of Business and Public Administration

Location:

  • Washington

,

  • DC

Control: Public

Accredited: AACSB

Accreditation: Business

  • Tuition: $33,948
  • Graduate Salary: $115,000
  • Graduate ROI: 338%
  • GMAT Required: No
  • Avg. GMAT: 557
  • Student / Faculty Ratio: 5:1
  • Business School Enrollment: 230

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • Concentrations: 2
  • Accounting
  • Business Analytics
  • Corporate Finance
  • Data Analytics
  • Economics
  • Education
  • Finance
  • General Business
  • Healthcare Administration
  • Information Systems
  • International Business
  • Law
  • Leadership
  • Management
  • Marketing
  • Real Estate
  • Sustainability
  • Taxation
  • Rankings
  • City Rank: 4
  • State Rank: 4
  • National Rank: 212
  • Best in:

Stockton University

School of Business

Location:

  • Galloway

,

  • NJ

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $35,568
  • Graduate Salary: $47,700
  • Graduate ROI: 134%
  • GMAT Required: Optional
  • Avg. GMAT: 454
  • Student / Faculty Ratio: 18:1
  • Business School Enrollment: 1,475

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Weekends
  • Concentrations: 6
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Education
  • Finance
  • General Business
  • Healthcare Administration
  • Hospitality Management
  • Insurance
  • Management
  • Sports Management
  • Rankings
  • City Rank: 1
  • State Rank: 16
  • National Rank: 492
  • Best in:

University of Dayton

School of Business Administration

Location:

  • Dayton

,

  • OH

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $33,300
  • Graduate Salary: $96,466
  • Graduate ROI: 289%
  • GMAT Required: Optional
  • Avg. GMAT: 542
  • Student / Faculty Ratio: 14:1
  • Business School Enrollment: 2,490

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • Concentrations: 4
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Education
  • Entrepreneurship
  • Finance
  • General Business
  • Information Systems
  • Management
  • Marketing
  • Operations Management
  • Quantitative Methods
  • Rankings
  • City Rank: 1
  • State Rank: 6
  • National Rank: 137
  • Online Rank: 95
  • Best in:

Saint Louis University

Richard A. Chaifetz School of Business

Location:

  • St. Louis

,

  • MO

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $41,974
  • Graduate Salary: $76,825
  • Graduate ROI: 183%
  • GMAT Required: No
  • Avg. GMAT: 606
  • Student / Faculty Ratio: 14:1
  • Business School Enrollment: 1,673

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 10
  • Accounting
  • Communications
  • Corporate Finance
  • Data Analytics
  • Economics
  • Education
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Information Systems
  • International Business
  • Management
  • Manufacturing
  • Marketing
  • Other
  • Sports Management
  • Statistics
  • Supply Chain
  • Rankings
  • City Rank: 2
  • State Rank: 3
  • National Rank: 172
  • Online Rank: 102
  • Best in:

Saint Mary's College of California

School of Economics and Business Administration

Location:

  • Moraga

,

  • CA

Control: Private, not-for-profit

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $46,404
  • Graduate Salary: $117,200
  • Graduate ROI: 250%
  • GMAT Required: No
  • Avg. GMAT: 570
  • Student / Faculty Ratio: 10:1
  • Business School Enrollment: 541

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 4
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Education
  • Finance
  • Management
  • Rankings
  • City Rank: 1
  • State Rank: 11
  • National Rank: 115
  • Online Rank: 79
  • Best in:

Nova Southeastern University

H. Wayne Huizenga School of Business and Entrepreneurship

Location:

  • Fort Lauderdale

,

  • FL

Control: Private, not-for-profit

Accredited: AACSB

Accreditation: Business

  • Tuition: $40,663
  • Graduate Salary: $90,756
  • Graduate ROI: 105%
  • GMAT Required: Optional
  • Avg. GMAT: 450
  • Student / Faculty Ratio: 12:1
  • Business School Enrollment: 1,672

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Online
  • Concentrations: 8
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Education
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Hospitality Management
  • Human Resources
  • Information Systems
  • International Business
  • Law
  • Leadership
  • Management
  • Marketing
  • Organizational Behavior
  • Other
  • Quantitative Methods
  • Real Estate
  • Science and Technology
  • Sports Management
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 13
  • National Rank: 380
  • Online Rank: 279
  • Best in:

Compere 11 AACSB-Accredited Education MBAs with Tuition Under the $49,805 National Average

Compare your many options using this sortable table of 11 AACSB-accredited MBA Education programs with tuition under the national average of $49,805.

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 State University $17,730 $82,000 332.00%INYes
2 University of Northern Iowa $18,344 $50,856 277.00%IANo
3 Temple University $21,984 $101,659 460.00%PAYes
4 University of Wisconsin Oshkosh $25,740 $87,400 200.00%WIYes
5 University of Dayton $33,300 $96,466 289.00%OHYes
6 University of the District of Columbia $33,948 $115,000 338.00%DCNo
7 Stockton University $35,568 $47,700 134.00%NJNo
8 Bloomsburg University of Pennsylvania $35,856 $56,773 158.00%PANo
9 Nova Southeastern University $40,663 $90,756 105.00%FLYes
10 Saint Louis University $41,974 $76,825 183.00%MONo
11 University of Washington $42,405 $151,116 356.00%WANo

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

Find Affordable Online MBA Programs Now Accepting Education Applicants

Our Ranking Methodology for High-Value Affordable Education 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 Education Programs to the Affordable AACSB MBA Programs Above

$48,862

Average Tuition

$97,238

Average Starting Salary

570

Average GMAT Scores

139%

Average Graduate ROI

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