2025 Most Affordable Online MBA Programs Maryland in from $16,740 to $35,128
Compare Maryland Online MBA Program Averages to Online and National Averages
$53,253
Average Tuition and Fees
$83,235
Average Starting Salary
582
Average GMAT Scores
286
Average Student Enrollment
| Averages | Maryland | Online | US |
|---|---|---|---|
| Average MBA Tuition | $53,253 | $76,119 | $85,145 |
| Average Graduate Salary | $83,235 | $86,581 | $85,550 |
| Average Graduate ROI | 173% | 196% | 186% |
| Average GMAT Scores | 582 | 561 | 567 |
| Average Student Faculty Ratio | 14:1 | 17:1 | 16:1 |
| Average Full-Time MBA Enrollment | 286 | 287 | 290 |
Our Top 3 Picks for Affordable Online MBA Programs in Maryland
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
Frostburg State University's MBA program, offered through the College of Business, is a good avenue for professionals wanting to boost their careers in Maryland's business world. This AACSB-accredited program offers both tough academics and practical skills, competing with more expensive programs in bigger cities. With specializations in Business Analytics, Healthcare Management, and Management, the curriculum is perfect for Maryland's growing industries like cybersecurity and biotechnology. What makes Frostburg unique is its focus on real-world connections; students don’t just learn theories, they apply them through partnerships with local businesses. For those wondering if an MBA is worth it, Frostburg’s program shows it definitely is, offering a great path to career success without a high cost.
Cutting-Edge Online Learning Platform
Frostburg's MBA program uses top-notch technology to provide an engaging online learning experience. The program uses the Canvas platform and offers 24/7 tech support, making sure students can access course materials, work with peers, and easily seek assistance from faculty members. This strong digital setup improves the classroom experience, preparing students for today’s digital business world.
Accelerated Completion Options
Time is valuable, and Frostburg's MBA program understands that. With the option to finish the program in just 12 months, motivated students can quickly advance their careers without missing out on important education. This fast-track option is especially attractive for those wanting to switch to new roles or industries, giving them an edge in a fast-changing job market.
Specialized Research Centers
Frostburg’s focus on advanced business education is clear with its specialized research centers. These innovation hubs give students unique chances to work on groundbreaking research and projects with real-world impacts. Whether it’s looking into the latest trends in data analytics or exploring sustainable business practices, these centers put MBA students at the cutting edge of business innovation.
Comprehensive Career Development Services
The program's dedication to student success goes far beyond the virtual classroom. Frostburg's career development services offer many resources to give graduates an edge in the job market. From personal career counseling and resume workshops to practice interviews and networking events, students get support throughout their MBA journey and after. This thorough approach to career development makes sure graduates are not just academically ready, but also professionally prepared to succeed in the business world.
Affordable Excellence
In a world where MBA programs often have very high costs, Frostburg State University has an edge thanks to its affordable excellence. Named a "Best Buy" for AACSB-accredited online MBA programs by GetEducated.com, the program offers a high-quality education without the high price. This affordability doesn’t lower the quality; instead, it shows Frostburg’s commitment to making advanced business education available to more aspiring leaders. For students thinking about the value of their MBA, Frostburg’s program offers a strong case: world-class education at a fraction of the cost of many competitors.
Salisbury University
Franklin P. Perdue School of Business
Location:
- Salisbury
,
- MD
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Economics
- Finance
- General Business
- Global Management
- Information Systems
- International Business
- Management
- Marketing
Salisbury University's Franklin P. Perdue School of Business offers a fantastic MBA program right on Maryland's Eastern Shore. This program is accredited by AACSB and provides top-notch education. It can even be at par with the more expensive programs from other cities. With specializations in Business Analytics and Healthcare Management, it aligns perfectly with Maryland's growing industries like cybersecurity and biotechnology. What makes Perdue stand out is its strong ties with local businesses; students don't just learn from books, they apply their knowledge through real-world partnerships. For those wanting to thrive in Maryland's business scene, Perdue's MBA program is affordable, high-quality, and relevant to the industry.
SAP University Alliance Integration
Perdue's MBA program is unique because it's part of the SAP University Alliance. This means students get to work with the latest Enterprise Resource Planning (ERP) and Business Intelligence software. They don't just learn about these systems in theory; they get hands-on experience, which is highly valuable in today's data-driven business world. This ensures that graduates are ready to start contributing to their companies from day one.
Accelerated Completion Options
Perdue's MBA program understands that time is precious. Students can finish their degree in as little as nine months, which is great for those eager to advance their careers quickly. The program offers seven-week semesters and a mix of in-person and online classes. This fast track option is perfect for students wanting to switch careers or move up in their current jobs quickly.
Real-World Consulting Experience
Perdue's MBA program includes a live consulting project, giving students the chance to work with real clients from the community. This isn't just classroom learning; it's about solving actual business problems. This experience helps students build a professional portfolio and shows future employers that they can deliver real results.
Global Business Perspective
Understanding global business is essential today. Perdue's MBA program includes international business issues in its courses. Students learn from classmates from around the world, gaining diverse perspectives. This isn't just about learning other cultures; it's about being ready to handle global business challenges. For Maryland, with its strong international trade connections, this global view is very important.
Personalized Career Development
Perdue's MBA program offers personalized career development. Each student gets individual guidance on business competencies like resume writing and interview skills. Moreover, the program's connections with local and regional businesses lead to internships and job opportunities that match students' aspirations. This personalized approach ensures that graduates don't just get a degree—they're prepared to start their careers with confidence and purpose in Maryland's business world and beyond.
University of Baltimore
Robert G. Merrick School of Business
Location:
- Baltimore
,
- MD
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Accounting
- Corporate Finance
- Cybersecurity
- Data Analytics
- E-Commerce
- Entrepreneurship
- Finance
- General Business
- Global Management
- Healthcare Administration
- Human Resources
- Information Systems
- Insurance
- International Business
- Law
- Leadership
- Management
- Marketing
- Other
- Public Administration
- Real Estate
- Taxation
The University of Baltimore's Robert G. Merrick School of Business's AACSB-accredited MBA program has been a leader in online education since 1999. In fact, it's the world's first fully online, accredited MBA. With specializations in areas like Cybersecurity, Organizational Resilience, and Health Care Management, the curriculum is designed to meet Maryland's economic needs, preparing graduates for leadership roles in healthcare, technology, and public administration. What makes UBalt unique is its strong ties to Baltimore's business community; students apply what they learn through partnerships with local and regional companies. For those looking to succeed in Maryland's business world, UBalt's MBA program offers a mix of innovation, flexibility, and industry relevance.
Pioneering Online Education
UBalt's MBA program didn't just follow the trend of online education - it started it. As the world's first fully online, AACSB-accredited MBA program, UBalt has over 20 years of experience in delivering high-quality online education. This experience means a smooth online learning experience, with teachers who are experts in online teaching. For students balancing work and family, this means getting a top MBA education that fits their schedule.
Flexible Learning Pathways
UBalt's MBA program is very flexible. With seven-week and 15-week course options each semester, students can start their MBA six times a year. This setup allows for a customized learning pace, whether you want to finish quickly in 18 months or take your time. You can choose to study fully online, in-person, or a mix of both, making it easy to fit the program into your schedule.
Industry-Aligned Specializations
UBalt's MBA program offers specializations that match Maryland's diverse economy, from Data Analytics to Public-Sector Management. The program's close connections with local businesses ensure that these specializations are up-to-date and relevant, preparing graduates to make an immediate impact in their fields.
Experiential Learning Opportunities
UBalt's MBA program goes beyond classroom learning by including real-world projects and case studies. Students get to work on live consulting projects with local clients, applying what they learn to solve real business problems. This hands-on experience not only enhances learning but also helps build a professional portfolio that makes UBalt graduates stand out in the job market.
Affordable Excellence
In a world where MBA programs can be very expensive, UBalt offers great value. The program provides in-state tuition rates for its online MBA to students worldwide, making a top-tier business education accessible to everyone. This focus on affordability does not reduce quality; it shows UBalt's mission to make advanced business education available to more people. For students considering the cost and benefits of an MBA, UBalt offers a strong option: high-quality education at a much lower cost than many other programs.
University of Maryland
Robert H. Smith School of Business
Location:
- College Park
,
- MD
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- E-Commerce
- Entrepreneurship
- Finance
- General Business
- Global Management
- Human Resources
- Information Systems
- Insurance
- International Business
- Leadership
- Management
- Manufacturing
- Marketing
- Operations Management
- Organizational Behavior
- Quantitative Methods
- Supply Chain
The University of Maryland's Robert H. Smith School of Business offers an MBA program that can boost your career. This AACSB-accredited program has concentrations in areas like Business Analytics and Healthcare Management. The curriculum is designed to fit Maryland's economic needs, preparing graduates for leadership roles in fields like cybersecurity, healthcare, and finance. What makes Smith unique is its strong connections with the Washington D.C. metro area's business community, allowing students to apply what they learn through partnerships with local and regional companies. Whether you want to advance in your career or start your own business, Smith's MBA program provides the skills, knowledge, and network to succeed in Maryland's business world.
STEM-Designated Curriculum
Smith's MBA program has a STEM-designated curriculum that gives you an edge in today's data-driven business world. With this curriculum, you'll learn how to solve complex problems with precision. From AI and machine learning to understanding climate change risks, you'll gain skills to make data-informed decisions that create real value for businesses. This focus on STEM fits well with Maryland's growing tech sector, setting you up for success in future-focused industries.
Experiential Learning Opportunities
At Smith, learning goes beyond the classroom. The program's Experiential Learning Projects (ELPs) let you work with real companies on business challenges. Imagine working with a Fortune 500 company to fix a supply chain issue or helping a startup develop its market strategy. These hands-on experiences will boost your resume and also allow you to apply what you’ve learned to real business problems, enhancing your critical thinking and problem-solving skills.
Global Business Perspective
Smith's MBA program offers international business courses and study abroad opportunities to broaden your horizons. From exploring emerging markets in Chile to understanding business practices in China, you'll gain valuable insights that are important in Maryland's globally connected economy. This international experience makes you a well-rounded professional capable of handling the complexities of global business, a skill that's highly valued in the Washington D.C. area's international business scene.
Cutting-Edge Research Centers
Smith's commitment to innovation is clear in its specialized research centers. The Center for Financial Policy, the Center for Social Value Creation, and the Dingman Center for Entrepreneurship are created for groundbreaking research and industry collaboration. As an MBA student, you'll have the chance to work with these centers on projects that shape the future of business. Whether you're interested in fintech, sustainable business practices, or starting your own company, these centers provide a platform to turn your ideas into reality.
Robust Career Development Services
Smith excels at preparing you for success after your MBA. The program's career center offers many services to help you stand out in the job market. These include one-on-one career counseling, resume workshops, mock interviews, and networking events. You’ll get personalized support throughout your MBA journey and beyond. The strong alumni network also helps by offering mentorship and access to job opportunities in various industries. With a job placement rate of 95% within three months of graduation and an average starting salary of $126,000, Smith’s career services clearly deliver results.
Johns Hopkins University
Johns Hopkins University
Location:
- Baltimore
,
- MD
Control: Private, not-for-profit
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Corporate Finance
- Finance
- General Business
- Healthcare Administration
- Information Systems
- Marketing
- Other
- Real Estate
The AACSB-accredited MBA program at Johns Hopkins University's Carey Business School prepares you to lead in a data-driven, globally connected business world. With specializations in Analytics, Leadership and Innovation, or Health, Technology, and Innovation, the curriculum matches Maryland's top industries, especially in healthcare, technology, and finance. What makes Carey unique is its strong link with Johns Hopkins' famous research network. With this, students get to apply their theoretical knowledge to solve real-world problems. Whether you want to change healthcare delivery or create the next big tech breakthrough, Carey’s MBA program gives you the skills and knowledge to make a big impact in Maryland’s business world.
STEM-Designated Curriculum
Carey's MBA program has a STEM designation, which means it focuses on teaching you the analytical skills needed in today’s business world. An example of a skill you'll learn as a graduate of Johns Hopkins University is learning to find important insights from complex data. From using machine learning in finance to predictive analytics in healthcare, you'll learn how to use data to make smart business decisions. This STEM focus fits well with Maryland’s growing tech and biotech sectors, putting you at the cutting edge of innovation.
Experiential Learning Opportunities
At Carey, you get to put theory into practice in real ways. The program’s experiential learning projects are real-world challenges that let you use your knowledge in high-stakes situations. These hands-on experiences don’t just add to your resume; they build the problem-solving skills you’ll need for business challenges in your career.
Global Business Perspective
In today’s connected world, having a global perspective is vital. To prepare you for this, Carey’s MBA program immerses you in international business. Through international field experiences and working with global partners, you'll learn about different business cultures and practices. This global view is very valuable in Maryland’s business environment, where understanding global markets can open new doors.
Cutting-Edge Research Centers
Carey’s research centers are not just academic places; they are hubs where new ideas are developed. As an MBA student, you’ll get to work with centers focused on healthcare business, real estate, and financial markets. These centers connect academic research with real industry applications, allowing you to work on projects that make a real-world impact. Whether you want to improve healthcare or create sustainable urban solutions, these centers provide the platform to make your ideas happen.
Comprehensive Career Development
Carey’s career services go beyond just resume help and job listings. They offer personalized career advice starting from when you join the program. From one-on-one coaching to networking events specific to your industry, you'll get resources that help you achieve your career goals. The program’s strong connections to Maryland’s business community lead to internships and job placements that match your aspirations. With 75% of students getting salary increases during the program and 80% getting promotions after graduation, Carey’s career services clearly deliver results.
10 Ways Exceptional Value Meets Online MBA Affordability in Maryland
Maryland’s affordable business schools offer a compelling blend of quality education and cost-effectiveness, making them an attractive option for aspiring business leaders. With in-state tuition rates typically ranging from $15,000 to $35,000 per year, these programs often come in well below the national average of $60,000 annually for top-tier MBA programs. This affordability doesn’t compromise quality, as Maryland’s business schools boast concentrations that align perfectly with the state’s thriving industries, including cybersecurity, healthcare management, and biotechnology.
Let’s explore the top 10 benefits that make Maryland’s affordable business programs a smart investment for your future:
#1: Cutting-Edge Cybersecurity Specializations
In a state home to the National Security Agency and numerous defense contractors, Maryland’s business schools are at the forefront of cybersecurity education. Schools like University of Maryland University College and Towson University offer innovative MBA concentrations in cyber risk management and information security. These programs blend business acumen with technical expertise, preparing graduates for lucrative roles in this rapidly growing field. With the average cybersecurity manager in Maryland earning over $120,000 annually, the return on investment for these specialized MBAs is substantial.
#2: Biotech and Healthcare Management Focus
Maryland’s “DNA Alley” is a hotbed of biotechnology innovation, and local business schools have taken note. Johns Hopkins Carey Business School and University of Maryland, College Park offer unique MBA tracks in healthcare and biotechnology management. These programs leverage partnerships with local industry giants like MedImmune and provide students with hands-on experience through internships and consulting projects. Graduates often find themselves well-positioned for six-figure roles in biotech startups or healthcare administration.
#3: Flexible Learning Formats
Recognizing the needs of working professionals, many of Maryland’s affordable MBA programs offer flexible learning options. Salisbury University and Frostburg State University provide hybrid and online MBA programs that allow students to balance their studies with full-time work. These formats not only make education more accessible but also enable students to immediately apply classroom concepts to real-world scenarios, enhancing the overall learning experience and career advancement potential.
#4: Strong Alumni Networks in Key Industries
The value of a business degree extends far beyond the classroom, and Maryland’s affordable MBA programs boast robust alumni networks in pivotal industries. Loyola University Maryland and Morgan State University have cultivated extensive connections in finance, government contracting, and technology sectors. These networks often translate into internship opportunities, job placements, and long-term career support, amplifying the return on investment for graduates.
#5: Entrepreneurship and Innovation Hubs
Maryland’s business schools are fostering the next generation of innovators and entrepreneurs. The University of Baltimore and Bowie State University have established entrepreneurship centers that provide mentorship, funding opportunities, and incubator spaces for student startups. These resources, combined with specialized courses in venture capital and innovation management, create a fertile ground for budding entrepreneurs.
#6: Sustainability and Green Business Initiatives
As environmental concerns take center stage in the business world, Maryland’s affordable MBA programs are leading the charge in sustainability education. Towson University and Salisbury University offer concentrations in sustainable business practices and green management. These forward-thinking programs prepare students to tackle pressing environmental challenges while identifying profitable opportunities in the green economy.
#7: Global Business Perspective
Despite their affordability, Maryland’s business schools don’t skimp on providing a global perspective. The University of Maryland, College Park and Morgan State University offer international business tracks that include study abroad opportunities and cross-cultural consulting projects. These experiences, often subsidized to keep costs low, give students a competitive edge in an increasingly globalized business landscape.
#8: Industry-Aligned Capstone Projects
Many of Maryland’s affordable MBA programs culminate in capstone projects that solve real-world business challenges. Frostburg State University and the University of Baltimore partner with local businesses to provide students with hands-on consulting experiences. These projects not only enhance learning but also often lead to job offers upon graduation.
#9: Data Analytics and Business Intelligence Focus
In the age of big data, Maryland’s business schools are ensuring graduates are well-versed in analytics. Loyola University Maryland and Towson University offer specialized tracks in business intelligence and data-driven decision making. These programs equip students with the skills to leverage data for strategic insights, a highly sought-after capability in today’s job market.
#10: Career Services and Professional Development
Maryland’s affordable business schools invest heavily in career services and professional development. The University of Maryland University College and Salisbury University offer comprehensive career coaching, resume workshops, and networking events. These services, often available to alumni long after graduation, ensure that the value of the MBA extends well beyond the initial job search.
In conclusion, Maryland’s affordable business schools offer a compelling value proposition for aspiring business leaders. By combining low tuition costs with industry-aligned specializations, flexible learning formats, and robust career support, these programs provide an excellent return on investment. Whether you’re looking to advance in cybersecurity, healthcare management, or sustainable business practices, Maryland’s MBA programs offer a cost-effective path to achieving your career goals.
Find Affordable Online MBA Programs Now Accepting Maryland Applicants
How We Rank the Best Affordable Online 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. This approach allows us to identify the best MBA programs that offer the greatest relative value within each state, enabling prospective students to find high-quality, cost-effective options tailored to their location and career aspirations.
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Jacquelyn brings a rare and highly valuable combination of legal and business acumen to mbaguide.org, holding both a JD/MBA from Suffolk University and an LL.M from the University of Miami. As a recognized legal and business strategist, she specializes in consulting on international law, strategy, and leadership. Her unique dual-degree perspective provides our team with unparalleled insight into areas where business and law intersect, ensuring our content is both strategically sound and expertly informed. As the Founder and CEO of a writing company, Jacquelyn also provides key oversight to ensure the highest editorial standards are met for our readers.
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