An MBA provides professionals with increased career flexibility and greater earning potential. Unfortunately, the sizable cost of graduate school can be a hindrance to students motivated to earn an MBA. The shackles of student loan debt can haunt former students well into their professional lives.
Luckily, many schools appreciate the toll a high price tag can take on students, and offer more realistic fees and resources. With this in mind, we’ve laid out three of the most affordable Dallas MBA programs.
Commerce College of Business — Texas A&M University
The Texas A&M Commerce College of Business offers a relatively affordable experience for aspiring MBAs. The school is particularly sensitive to the financial stress pursuing MBA can cause. This is why the school follows the [In]tuition plan. Commerce’s [In]tuition guarantees the cost of commerce students’ educations will not will remain the same from registration until graduation, so that students do not have to worry about rising costs and fees from year to year. According to their tuition calculator, a graduate student who lives off campus and is a Texas resident could pay a tuition as low as $5,775.06 per year. The program averages about two years. Commerce accepts a long list of outside scholarships, and they offer institutional scholarships based on academic achievement.
The cost may also be reduced for students who completed the appropriate undergraduate courses, which could waive six pre-requisite courses. Commerce offers 13 minor options, such as Accounting, Business Analytics, Corporate Management, and Cyber Security. Commerce students benefit from the flexibility of the plethora of online courses offered by the school.
Naveen Jindal School of Management — University of Texas at Dallas
At the Naveen Jindal School of Management, residents pay around $32,998, factoring in tuition and fees, and nonresidents pay about $64,332 for the full-time MBA. In the past few years, the university offered scholarships to 75 percent of their incoming full-time MBA students. There are two types of merit-based scholarships for full-time MBAs in this program: Cohort and Corporate. These are both merit-based and students must apply to be considered.
U.S. News & World Report ranked Naveen Jindal as the 38th best business school in the country, which boasts an impressive 90 percent employment rate for full-time MBA grads. Students have recently gone on to earn high ranking positions at companies like Amazon and Toyota.
University of North Texas College of Business
As of the 2016-17 school year, the total cost of an MBA at University of North Texas College of Business was about $41,780 for residents and $56,468 for non-residents. At UNT, students can apply for a variety scholarships to cut tuition costs for many different types of students. For example, the Lupe Murchison Foundation Graduate Fellowship is a scholarship awarded to students, not based purely on need or academic achievement, but also on the student’s effort and promise.
UNT also offers a prestigious Online MBA for students looks for a more accommodating schedule. The school also offers afternoon, evening, and weekend classes for students looking for schedule flexibility, and who also wish to experience the on-campus community.
For more valuable information about the best MBA programs Dallas has to offer, check out our guide to the metro and which schools don’t require GMAT/GRE scores for admission.