Home > The 10 Best Value Online MBA Programs for 2017 – Earn an MBA for Under $50,000

The 10 Best Value Online MBA Programs for 2017 – Earn an MBA for Under $50,000

For about the last decade, the Master of Business Administration (MBA) has been the most popular graduate degree in the nation. As the demand for trained and talented management personnel and the median salaries attached to those positions continue to rise, the popularity of the MBA degree is projected to increase even more. To accommodate these students, more high-quality schools are creating and adopting affordable online MBA programs. Since most of the interested students are working professionals, the best value online MBA degrees allow aspiring managers to study without having to sacrifice years of income and family life. For many applicants, the financial cost of an MBA online degree is an important consideration. That’s why we’ve put together this list of the 10 best value online MBA degree programs under $50,000.

While each of these programs are among the very best MBA online degrees in the world, they are also some of the cheapest online MBA programs available. In these programs, professionals can earn an executive MBA online while maintaining jobs and family commitments and without breaking the bank along the way. Management positions in the business world are projected to increase at rates as fast or faster than average in almost all cases, which should only inspire more working professionals to seek out the best value online MBA programs. To develop this list, the cheapest online MBA programs have been analyzed and ranked according to their perceived prestige (awards, rankings, reputation), academic quality, and affordability.

What Are The Best Value Online MBA Programs?

To determine the best MBAs under $50,000, we looked at the most important factors prospective students, mainly common predictors of future success and a school’s commitment to online programs. This boils down to admissions rate, student loan default rate, retention rate, graduation rate, and the percent of students enrolled in online classes. All data points are taken from information provided by colleges and universities to the National Center for Education Statistics.

Each factor is weighted evenly in order to give an objective view and determine the top 10 MBAs under $50,000. To calculate our rankings, we looked at a school’s ranking when organized by a single factor, and then averaged each category’s ranking to find an overall score: Admissions Rate (20%) + Default Rate (20%) + Retention Rate (20%) + Graduation Rate (20%) + Percent of Students Enrolled in Online Classes (20%) = Final score.

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