10 Most Affordable Online MBA Programs in Insurance under $19K

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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.

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 TuitionAvg. Starting SalaryROIStateOnline
1 University of North Georgia $9,846 $56,500 474.00%GAYes
2 University of Nebraska at Kearney $13,293 $73,150 450.00%NEYes
3 Youngstown State University $13,500 $64,400 377.00%OHYes
4 University of New Orleans $13,893 $38,410 276.00%LANo
5 California State University, Bakersfield $14,272 $78,600 451.00%CAYes
6 University of South Dakota $14,892 $47,553 219.00%SDYes
7 University of South Florida $14,955 $55,714 273.00%FLYes
8 Universidad Ana G. Mendez - Gurabo $15,000 $60,752 305.00%PRNo
9 Missouri State University $15,108 $62,400 313.00%MOYes
10 Eastern Kentucky University $15,264 $42,450 178.00%KYYes
11 Radford University $15,984 $91,600 473.00%VAYes
12 University of Montevallo $16,140 $61,950 284.00%ALYes
13 Frostburg State University $16,740 $83,700 400.00%MDYes
14 University of North Alabama $16,830 $60,000 257.00%ALYes
15 Appalachian State University $17,463 $63,285 262.00%NCYes
16 University of North Florida $17,767 $62,014 249.00%FLNo
17 The University of Akron $17,872 $61,400 244.00%OHYes
18 University of Arkansas at Little Rock $18,071 $63,300 250.00%ARYes
19 University of Houston-Downtown $18,623 $82,273 342.00%TXYes
20 Florida State University $18,693 $56,545 202.00%FLYes
21 Indiana State University $19,000 $82,000 332.00%INYes
22 Weber State University $19,908 $84,900 326.00%UTYes
23 Texas Woman's University $20,000 $79,925 300.00%TXYes
24 Illinois State University $20,050 $76,900 284.00%ILNo
25 University of Southern Maine $20,370 $87,535 330.00%MEYes
26 Sam Houston State University $21,147 $69,200 227.00%TXYes
27 Ball State University $21,197 $76,400 260.00%INYes
28 University of Nevada, Las Vegas $21,784 $93,820 331.00%NVYes
29 Saint Xavier University $22,500 $96,302 328.00%ILNo
30 The University of Iowa $23,453 $112,820 381.00%IANo
31 Winthrop University $23,508 $60,000 155.00%SCYes
32 Prairie View A&M University $23,699 $60,500 155.00%TXNo
33 University of Cincinnati $23,996 $87,013 263.00%OHYes
34 Northern Arizona University $24,640 $68,100 176.00%AZYes
35 California State University, Sacramento $25,260 $76,000 201.00%CAYes
36 The University of Mississippi $25,914 $60,977 135.00%MSYes
37 Minnesota State University Moorhead $26,220 $85,000 224.00%MNYes
38 University of South Carolina $26,485 $97,819 269.00%SCNo
39 Middle Tennessee State University $26,712 $89,000 233.00%TNYes
40 Bowling Green State University $27,200 $53,853 98.00%OHYes
41 California State University, East Bay $28,000 $76,600 174.00%CAYes
42 University of Wisconsin-Stevens Point $28,224 $58,350 107.00%WINo
43 St. Cloud State University $28,969 $81,800 182.00%MNYes
44 University of Wisconsin Oshkosh $29,168 $87,400 200.00%WIYes
45 California State Polytechnic University Pomona $29,800 $89,440 200.00%CANo
46 University of Hartford $30,168 $94,500 213.00%CTYes
47 The University of Georgia $30,606 $120,510 294.00%GAYes
48 California State University, Northridge $30,897 $77,400 151.00%CANo
49 Texas Wesleyan University $31,080 $79,000 154.00%TXYes
50 University of Louisiana at Lafayette $31,281 $51,200 64.00%LAYes
51 Old Dominion University $31,564 $75,800 140.00%VAYes
52 Creighton University $33,234 $65,000 96.00%NEYes
53 Robert Morris University $33,750 $67,000 99.00%PAYes
54 University of Minnesota Duluth $33,798 $92,953 175.00%MNNo
55 Shenandoah University $34,848 $89,900 158.00%VANo
56 University of Baltimore $35,128 $77,400 120.00%MDYes
57 Stockton University $35,568 $47,700 134.00%NJNo
58 Le Moyne College $35,952 $61,100 70.00%NYNo
59 Georgia State University $36,522 $93,600 156.00%GAYes
60 Butler University $39,000 $59,000 51.00%INYes
61 University of New Haven $39,770 $64,600 62.00%CTYes
62 Saint Joseph's University $42,912 $92,000 114.00%PAYes
63 California State University, Fullerton $44,550 $81,500 83.00%CAYes
64 The University of Texas at Dallas $45,000 $123,163 243.00%TXYes
65 Marquette University $46,620 $90,700 95.00%WIYes
66 Worcester Polytechnic Institute $48,300 $98,523 104.00%MAYes
67 Western Washington University $48,448 $67,100 38.00%WANo
68 The College of New Jersey $50,482 $90,000 78.00%NJNo

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

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

$41,691

Average Tuition

$80,247

Average Starting Salary

569

Average GMAT Scores

187%

Average Graduate ROI

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