Though a masters degree is invaluable in today’s market, it might seem counterproductive to accrue massive debt in pursuit of one. The thought of the initial financial strain of getting an MBA can definitely be daunting. In fact, in 2015, a sample taken from just ten of the top-ranked business programs showed that MBA students in those schools had totaled $317.4 million in graduate loans.
For students looking to earn an MBA in Atlanta, there are several incredible schools. However, most of them won’t leave your bank account unscathed. Fortunately for you Georgia Peaches looking to continue your education on a budget, we’ve narrowed it down to the three most affordable Atlanta MBA programs.
Michael J. Coles College of Business – Kennesaw State University
The Michael J. Coles College of Business offers a variety of MBA options that will increase employment prospects without exorbitant costs. Coles offers several programs, with prices ranging from $18,822-to-34,648. The reasonably-priced university’s MBA degree options include: Executive MBA, WebMBA and multiple dual degrees, such as MBA-MPA and MBA-MSIS. With a main campus just 30 minutes from the heart of downtown Atlanta, KSU’s Coles College of Business is a great choice for students looking to stay in Atlanta Metro without draining their resources.
Eugene W. Stetson School of Business & Economics – Mercer University
With a total tuition of around $29,500, Mercer’s full-time MBA program is a definite bargain. This program does not require work experience, making it an excellent option for recent college grads, or for professionals seeking to make a career change. Their part-time MBA is even more affordable, at $25,416. Mercer’s Professional MBA is the priciest, at $37,500, which is still less than half the cost of some of the steepest MBA options in Atlanta metro. Though the full-time program is one year, Mercer offers students the opportunity to earn an accelerated MBA in 10 months. Mercer also offers students a Mentor Program, so that they can connect with experienced alumni to receive guidance as they transition from school into the professional world.
Clark Atlanta University School of Business
The Clark Atlanta University School of Business is another option for students who wish to earn an MBA without paying dizzying costs. Clark’s full-time and Working Professional MBA’s each cost $51,660. The full-time MBA is a two-year program, and students are required to choose one of the following concentrations: Accounting, Entrepreneurship, Finance, Management Information Systems, Marketing Sports Business and Supply Chain Management. Clark’s campus is located in Atlanta’s West End Historic District, just outside the central business district. The school’s Executive MBA may be a desirable option for prospective students who are already in the professional world and looking to gain an edge.