Where Exceptional Value Meets MBA Affordability: AACSB-Accredited Insurance MBA Programs from $11,630 to $20,000 in 2025
Top 10 Editor’s Picks for Affordable Online MBA Programs in Insurance under $20K
Our ranking of the top 10 online MBA Programs in Insurance 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.
Stephen F. Austin State University
Nelson Rusche College of Business
Location:
- Nacogdoches
,
- TX
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Communications
- Corporate Finance
- Economics
- Entrepreneurship
- Finance
- General Business
- Global Management
- Human Resources
- International Business
- Management
- Marketing
- Sports Management
Texas A&M University-Kingsville
College of Business Administration
Location:
- Kingsville
,
- TX
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Degree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Full-Time
- Accounting
- Corporate Finance
- Finance
- General Business
- Information Systems
- Management
- Marketing
- Nonprofit
University of Nebraska at Kearney
College of Business and Technology
Location:
- Kearney
,
- NE
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Insurance
- Management
- Marketing
- Product Management
- Project Management
- Supply Chain
California State University, Bakersfield
School of Business
Location:
- Bakersfield
,
- CA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Data Analytics
- Finance
- General Business
- Human Resources
- Insurance
- Management
- Marketing
- Operations Management
Radford University
College of Business and Economics
Location:
- Radford
,
- VA
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Finance
- General Business
- Information Systems
- Insurance
- Management
- Marketing
Frostburg State University
College of Business
Location:
- Frostburg
,
- MD
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Economics
- Entrepreneurship
- Finance
- Global Management
- Hospitality Management
- Human Resources
- Insurance
- International Business
- Management
- Marketing
University of Houston-Downtown
Marilyn Davies College of Business
Location:
- Houston
,
- TX
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Finance
- General Business
- Global Management
- Human Resources
- Information Systems
- Insurance
- International Business
- Management
- Marketing
- Organizational Behavior
- Supply Chain
Indiana State University
Scott College of Business
Location:
- Terre Haute
,
- IN
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Education
- Finance
- General Business
- Information Systems
- Insurance
- Management
- Marketing
- Operations Management
Weber State University
John B. Goddard School of Business & Economics
Location:
- Layton
,
- UT
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- E-Commerce
- Economics
- Entrepreneurship
- Finance
- General Business
- Information Systems
- Insurance
- Management
- Marketing
- Supply Chain
- Taxation
Texas Woman's University
College of Business
Location:
- Denton
,
- TX
Control: Public
Accredited: AACSB
Accreditation: Business
Degree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Online
- Accounting
- Data Analytics
- Entrepreneurship
- General Business
- Healthcare Administration
- Hospitality Management
- Human Resources
- Insurance
- Marketing
Compere 68 AACSB-Accredited Insurance MBAs with Tuition Under the $39,892 National Average
Compare your many options using this sortable table of 68 AACSB-accredited MBA Insurance programs with tuition under the national average of $39,892.
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 Tuition | Avg. Starting Salary | ROI | State | Online |
|---|---|---|---|---|---|---|
| 1 | Appalachian State University | $8,100 | $67,833 | 837.00% | NC | Yes |
| 2 | University of Nebraska at Kearney | $9,603 | $60,296 | 627.00% | NE | Yes |
| 3 | California State University, Bakersfield | $10,260 | $78,600 | 451.00% | CA | Yes |
| 4 | Weber State University | $10,332 | $121,000 | 1,170.00% | UT | Yes |
| 5 | California State University, Sacramento | $11,124 | $69,000 | 620.00% | CA | Yes |
| 6 | University of North Georgia | $11,355 | $62,014 | 546.00% | GA | Yes |
| 7 | Sam Houston State University | $11,520 | $69,200 | 600.00% | TX | Yes |
| 8 | University of Arkansas at Little Rock | $11,584 | $63,300 | 250.00% | AR | Yes |
| 9 | Texas Woman's University | $11,628 | $79,925 | 300.00% | TX | Yes |
| 10 | California State University, Fullerton | $12,255 | $84,536 | 689.00% | CA | Yes |
| 11 | University of Montevallo | $13,590 | $61,950 | 284.00% | AL | Yes |
| 12 | University of New Orleans | $13,893 | $38,410 | 276.00% | LA | No |
| 13 | Ball State University | $13,920 | $44,394 | 318.00% | IN | Yes |
| 14 | Youngstown State University | $14,190 | $37,590 | 264.00% | OH | Yes |
| 15 | The University of Mississippi | $14,850 | $75,537 | 508.00% | MS | Yes |
| 15 | University of South Dakota | $14,850 | $68,000 | 457.00% | SD | Yes |
| 17 | Universidad Ana G. Méndez Gurabo | $15,000 | $60,752 | 305.00% | PR | No |
| 18 | California State Polytechnic University Pomona | $15,216 | $89,440 | 200.00% | CA | No |
| 19 | The University of Georgia | $15,334 | $149,000 | 971.00% | GA | Yes |
| 20 | Frostburg State University | $16,740 | $56,600 | 338.00% | MD | Yes |
| 21 | University of Nevada, Las Vegas | $17,031 | $105,000 | 616.00% | NV | Yes |
| 22 | Missouri State University | $17,250 | $62,400 | 313.00% | MO | Yes |
| 23 | University of Houston-Downtown | $17,374 | $49,120 | 282.00% | TX | Yes |
| 24 | Tennessee Technological University | $17,643 | $63,997 | 362.00% | TN | Yes |
| 25 | Indiana State University | $17,730 | $82,000 | 332.00% | IN | Yes |
| 26 | University of North Florida | $17,784 | $62,014 | 348.00% | FL | No |
| 27 | University of Southern Maine | $18,000 | $87,535 | 486.00% | ME | Yes |
| 28 | Radford University | $18,108 | $91,600 | 500.00% | VA | Yes |
| 29 | Bowling Green State University | $18,760 | $86,141 | 450.00% | OH | Yes |
| 30 | Northern Arizona University | $19,505 | $55,000 | 281.00% | AZ | Yes |
| 31 | University of North Alabama | $20,400 | $38,295 | 187.00% | AL | Yes |
| 32 | Temple University | $21,984 | $101,659 | 460.00% | PA | Yes |
| 33 | Eastern Kentucky University | $22,077 | $80,000 | 362.00% | KY | Yes |
| 34 | Saint Xavier University | $22,500 | $64,000 | 284.00% | IL | No |
| 35 | Middle Tennessee State University | $22,506 | $89,000 | 395.00% | TN | Yes |
| 36 | University of Cincinnati | $23,000 | $110,000 | 478.00% | OH | Yes |
| 37 | California State University, East Bay | $23,009 | $101,245 | 440.00% | CA | Yes |
| 38 | Winthrop University | $23,400 | $60,000 | 155.00% | SC | Yes |
| 39 | Texas Wesleyan University | $25,500 | $75,769 | 290.00% | TX | Yes |
| 40 | University of Wisconsin Oshkosh | $25,740 | $87,400 | 200.00% | WI | Yes |
| 41 | University of Wisconsin-Stevens Point | $26,100 | $58,350 | 220.00% | WI | No |
| 42 | Old Dominion University | $26,273 | $93,381 | 355.00% | VA | Yes |
| 43 | University of St. Thomas-Minnesota | $28,080 | $94,000 | 334.00% | MN | Yes |
| 44 | Minnesota State University Moorhead | $28,313 | $85,000 | 300.00% | MN | Yes |
| 45 | The University of Akron | $28,872 | $85,000 | 294.00% | OH | Yes |
| 46 | University of New Haven | $28,968 | $64,600 | 62.00% | CT | Yes |
| 47 | Shenandoah University | $29,520 | $73,900 | 250.00% | VA | No |
| 48 | California State University, Northridge | $30,897 | $77,400 | 151.00% | CA | No |
| 49 | University of South Carolina | $31,014 | $105,000 | 338.00% | SC | No |
| 50 | The Ohio State University | $31,316 | $149,006 | 475.00% | OH | Yes |
| 51 | University of Hartford | $32,004 | $94,500 | 295.00% | CT | Yes |
| 52 | Creighton University | $33,000 | $65,000 | 190.00% | NE | Yes |
| 53 | Robert Morris University | $33,150 | $67,000 | 200.00% | PA | Yes |
| 54 | Le Moyne College | $33,336 | $61,100 | 70.00% | NY | No |
| 55 | University of South Florida | $33,446 | $95,000 | 280.00% | FL | Yes |
| 56 | The University of Iowa | $33,750 | $118,569 | 351.00% | IA | No |
| 57 | University of Minnesota Duluth | $33,824 | $70,733 | 209.00% | MN | No |
| 58 | Stockton University | $35,568 | $47,700 | 134.00% | NJ | No |
| 59 | University of Baltimore | $35,802 | $77,400 | 216.00% | MD | Yes |
| 60 | The University of Texas at Dallas | $36,118 | $127,000 | 351.00% | TX | Yes |
| 61 | Louisiana State University | $36,800 | $96,677 | 262.00% | LA | Yes |
| 62 | University of Wisconsin-Madison | $36,921 | $159,583 | 432.00% | WI | Yes |
| 63 | Butler University | $38,500 | $84,000 | 218.00% | IN | Yes |
| 64 | University of North Texas | $40,600 | $86,000 | 211.00% | TX | Yes |
| 65 | Florida State University | $41,520 | $100,000 | 240.00% | FL | Yes |
| 66 | Prairie View A&,M University | $42,012 | $60,500 | 140.00% | TX | No |
| 67 | Western Washington University | $42,160 | $45,272 | 107.00% | WA | No |
| 68 | Saint Joseph's University | $44,640 | $114,000 | 255.00% | PA | Yes |
You might also be interested in the best ranked MBA and Master’s degrees in Insurance here: Online | In-Person
Find Affordable Online MBA Programs Now Accepting Insurance Applicants
Our Ranking Methodology for High-Value Affordable Insurance 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
- Accounting – under $15K
- Actuarial Science – under $36K
- Arts – under $53K
- Business Administration – under $15K
- Communications – under $24K
- Consulting – under $62K
- Corporate Finance – under $16K
- Cybersecurity – under $31K
- Data Analytics – under $19K
- E-Commerce – under $24K
- Economics – under $20K
- Education – under $45K
- Energy – under $28K
- Engineering – under $36K
- Entrepreneurship – under $22K
- Ethics – under $28K
- Finance – under $15K
- Financial Management
- Global Management – under $22K
- Healthcare Administration – under $28K
- Hospitality Management – under $16K
- Human Resources – under $20K
- Information Systems – under $18K
- Innovation Management – under $51K
- Insurance – under $20K
- International Business – under $21K
- Law – JD MBA – under $31K
- Leadership – under $37K
- Manufacturing – under $38K
- Marketing – under $15K
- Non-Profit Management – under $18K
- Operations Management – under $40K
- Organizational Behavior – under $35K
- Product Management – under $24K
- Project Management – under $24K
- Public Administration – under $40K
- Quantitative Methods – under $38K
- Real Estate – under $24K
- Sports Management – under $25K
- Statistics – under $38K
- Supply Chain Management – under $21K
- Sustainability Management – under $31K
- Taxation – under $24K
- Technology Management – under $24K
Business School Data Sources from
See all data sources including 756 College and University Programs
Compare These National Averages for Insurance Programs to the Affordable AACSB MBA Programs Above
$35,022
Average Tuition
$87,199
Average Starting Salary
569
Average GMAT Scores
187%
Average Graduate ROI
- About the Author
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As the publisher of mbaguide.org for over 10 years, Jeff leads the platform’s data-driven ranking methodology, content strategy, and program evaluation. His three decades of experience in digital publishing, marketing, and SaaS give him a deep understanding of how to use data to create transparent, outcome-focused resources. Jeff’s leadership ensures that every ranking and comparison is built on the rigorous, evidence-based process that helps future business leaders make informed decisions.
Jeff holds a bachelor’s degree in English Literature from UCLA.
