Finding The Best Affordable Full-Time MBA Programs
Earning an MBA is a great way to ensure some level of financial security in the future. However, if earning the degree leaves you with mountains of debt, that security can start to seem like a pipe dream. Fortunately, there are business schools that provide some of the best affordable full-time MBA programs in the country.
Analyzing the full-time MBA rankings from U.S. News & World Report, we outline ten of the best MBA programs throughout the country that don’t come with the hefty price tag. Check out the ten programs that cost less than $25,000 per semester below.
The Best Affordable Full-Time MBA Programs
The D’Amore-McKim School of Business at Northeastern University charges $1,600 per credit for their 55-credit program. The cost comes to about $22,000 per semester, which is not bad considering the average starting salary for recent grads is $88,000. The Boston school also offers its students a corporate residency while pursuing their degree, which helps alleviate financial pressure. The average salary for the Corporate Residencies was a respectable $32.52 per hour in 2018. Moreover, 91 percent of MBAs receive job offers within three months of graduation. Students with an interest in international business can participate in the Global Consulting Project or International Field Study.
At $11,855 per semester, going to La Salle University allows students to earn their MBAs without breaking the bank. The length of the program varies depending on a student’s previous credits and scheduling choices. Students who majored or minored in business can complete their degree in 12 months, whereas students without a business major or minor may take up to 24 months. Options for specialization include: accounting, business systems and analytics, finance, general business administration, management, and marketing.
Despite the reasonable price tag, La Salle grads have gone on to work high-level positions at well-known companies like Deloitte LLP and Morgan Chase.
The University of Colorado, Boulder Leeds School of Business ranks 65th overall among the best full-time MBA programs on U.S. News, and has a welcoming price tag to back it up. For in-state residents, the program is only $900 per credit ($1,200 for out-of-state residents). Over the course of 55 credits, this comes to just $49,500 for in-state residents over the entire two years of the program: $24,750 per year.
Leeds emphasizes entrepreneurship and a global outlook. The degree electives encourage students to concentrate on finance, marketing, management, or systems-operations. Students can complement this “functional focus” with a more tailored specialization like entrepreneurship, real estate, or sustainability. MBAs are not limited to MBA courses, as the program allows them to take up to four electives in other schools at CU Boulder. Additionally, students earning their MBA in Sustainability have the opportunity to take courses in University of Colorado’s Environmental Studies, Engineering, and Law Schools.
Upstate New Yorkers will be pleased to learn that the Binghamton University School of Management costs about $17,205 (with fees) per year for in-state residents. Non-residents pay about $26,745 (with fees) per year. Binghamton also does not require that entering MBAs have a business background, though they recommend a rudimentary knowledge of calculus, as well as strong skills in English and IT. The standard four-semester MBA is open to students from all undergrad majors. The school is currently 76th on the U.S. News list. Binghamton, NY may also be a strategic career-launch location, as the city made the Forbes list of “The Best Small Places For Business And Careers.”
Internships and opportunities to hobnob abound in the U.S. capital, making DC an excellent place to earn an MBA. However, with the cost of living on the rise, finding a relatively affordable school is key to maximizing return on investment. The cost of pursuing an MBA at the Kogod School of Business at American University comes out to about $20,923 per semester, for a total cost of $83,692. And, with a mean graduate salary of $84,725, it should not take grads long to see a respectable ROI. Kogod offers features like weekly Business Leadership Luncheons, wherein local business pioneers share their experiences and insights with students. Speakers have included senior executives from PayPal, IBM, and Marriott International. Graduates of the program have gone on to work at companies like Amazon, Deloitte, and Ford Motor Company.
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MBAs at the Argryros School of Business—the 79th overall school on the U.S. News list—pay $1,655 per credit. Which, for the 50-credit program, averages to about $20,687 per semester. The Orange County, CA school offers tracks in accounting, business analytics, entertainment and media management, entrepreneurship, finance, global business, marketing, and strategic management. The school also offers a variety of dual degrees, including an MBA/MFA in Film & TV Producing.
The University of San Diego School of Business Administration MBA currently costs $1,420 per credit. With a 56-credit requirement for the two-year program, the cost without fees comes to around $19,880 per semester. It is tied with the aforementioned Argyros School of Business at 79th overall on the U.S. News list of the country’s best business schools.
USD’s curriculum is based on four pillars: Leadership development; business function core; corporate social responsibility, sustainability, and ethics; integrative problem solving. For students with a global mindset, the International MBA has the same cost per credit, but requires only 44 credits.
In addition to being affordable, the Lerner College of Business is located in Delaware, where tax-free shopping makes the cost of living far less daunting. The Lerner MBA costs just $825 per credit for Delaware residents, and $1,000 per credit for those from out of state. This puts total cost per semester in a range from $9,075-$11,000.
Lerner MBAs can choose from a variety of concentrations, including (but not limited to): business analytics, international business, and sport management. Students can pursue a full-time, part-time, online, or hybrid MBA. Pursuing a hybrid of online and on-campus courses may also be fiscally helpful, since online credits tend to be more cost-effective.
The CSU College of Business offers several options for students pursuing an MBA. The school has a nationally renowned online MBA program, and also offers a Global Social and Sustainable Enterprise MBA, an Executive MBA, and an Evening MBA.
According to U.S. News, tuition for the full-time program is $757 per credit for in-state students and $1,557 per credit for out-of-state students. Given the huge cost cut for Colorado natives, CSU may be a prudent choice for residents of the state.
Students who are NYC-bound might consider applying to the Pace University Lubin School of Business. The total cost of an MBA education at Lubin education can vary, as different tracks require a different number of credits. However, at $1,267 per credit, the cost can be very manageable, particularly considering its prime spot in downtown Manhattan and all of the internship and job opportunities this location presents. Particularly for those with a bent toward accounting or finance, Lubin may be the perfect launching pad for a career in the big city. A substantial 92 percent of recent grads found jobs upon graduating.
Finding Your Ideal Marketing MBA in Denver
Earning an MBA degree is one of the best things a professional can do at any level of their career to develop a rock solid foundation of business knowledge. This generalized education not only provides students with the facts and figures they need to start or run a business, but also with the ability to be effective managers and leaders.
While many students pursuing an MBA can appreciate the open-ended nature of the degree as it keeps a number of postgraduate opportunities open to them, others may look for a more focused direction. Luckily, many MBA programs offer concentrations or majors for the degree, providing students with industry-specific training without sacrificing the strong foundational knowledge offered by an MBA.
With a strong local economy and average salary significantly above the national average, the Denver metro area has been rated the fourth best city in the country for starting a new business. Whether you are an executive looking to expand their leadership opportunities or still early in your career, Denver could be the perfect place to earn a degree and grow in your career. And with the many specialization opportunities available at Denver business schools, students with interest in a field like marketing have numerous opportunities to expand their education.
Colorado State University College of Business
The Colorado State University College of Business offers an online graduate certificate in Marketing Management for students enrolled in any of the school’s MBA programs. In addition to earning an MBA and the core courses for the degree, CSU students can pursue an additional nine credits with a particular focus in marketing.
All of the courses are taught by faculty at the College of Business’ Department of Marketing and are offered online to offer students full flexibility. The curriculum for the certificate includes courses such as: marketing Strategy and Planning, Marketing Management, Consumer Behavior, and Strategic Selling for Business Customers.
University of Colorado – Denver Business School
Students at the University of Colorado Denver Business School can use their elective credits of their MBA degree to specialize in marketing. At UC Denver, the Marketing specialization provides students with the necessary skills and ability to manage a firm and build profitable, long-term relationships. And although marketing may seem a broad focus for a degree, students can consult with the university’s marketing faculty to help narrow their focus and select the electives best suited to their career goals.
Students will take their MBA core courses in addition to 12 elective credits for Marketing specialization courses. Subjects in the marketing specialization may include topics like: Marketing Management, Buyer Behavior, Customer Relationship Management, Services Marketing, and more.
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University of Colorado, Boulder – Leeds School of Business
At the UC Boulder Leeds School of Business, students can choose marketing as an area of expertise for their MBA degree. This program will help students prepare for a role in an ever-changing global marketplace, allowing MBA graduates to better navigate the unique challenges of markets and entrepreneurship throughout the world. By focusing their MBA in marketing, UC Boulder students will develop the necessary skills to serve in a variety of ways within the industry, from marketing management to new product development, or consulting.
The UC Boulder Marketing MBA offers a number of elective options that can help students further customize their focus in marketing, from courses like Market Intelligence, Pricing Strategy & Tactics, Integrated Marketing Communications, and Entrepreneurial Marketing.
University of Denver – Daniels College of Business
The Daniels College of Business MBA, ranked among the top 10 most innovative MBA programs in the country by Inc. Magazine earlier this year, is uniquely structured around four core business challenges. Categorized as an enterprise, social good, corporate and global challenge, students simultaneously take classes and work on the challenges, having the chance to apply immediately what they’ve learned.
Included in the Denver MBA’s structure are six electives, four of which can be focused in a particular area to comprise a concentration. For those interested in concentrating in marketing, Daniels provides the hands-on learning in subjects like Digital Marketing and Brand Management that will give students the skills they need to achieve success in the industry.
Getting To Know The Denver Metro
Resting beside the scoping silhouette of the Rocky Mountains lies Denver, the 19th most populous metro area in the United States, and arguably its most serene, uniquely blending urbanization and naturalism.
As the Denver metro continues to expand and its economy continues to swell, we at MetroMBA are expanding as well. As we continue our coverage of the best MBA offerings in North America and the UK, we welcome our readers to take a look at the best business schools Denver has to offer.
Getting To Know The Denver Metro
If you haven’t heard already, Denver—The Mile High City—rests one mile [5,280 feet (1,609 meters)] above sea level. For those already familiar with the joyous overture of altitude sickness (bring a water bottle—everywhere), this not-so-fun-fact is only a small part of Denver’s academic environment. Located only several minutes south of center city Denver is the Daniels College of Business at the University of Denver. Founded in 1908, Daniels is among the eight oldest business schools in the United States, and features over 2,200 combined graduate and undergraduate students. Named after Bill Daniels, who donated an immense grant to the institution, the school officially changed its name from the College of Business Administration to the Daniels College of Business in 1994.
The school is routinely lauded by the likes of U.S. News, Forbes, and the Financial Times for its highly-recommended entrepreneurial and Executive MBA programs, as well as the MBA@Denver Online MBA. For the 2017-18 academic year, the Daniels full-time MBA (known as the Denver MBA), will cost students $69,391. This is just shy of the average Daniels MBA graduate average starting salary of $69,842. About 68 percent of Daniels’ graduates earn a full-time job just three months after graduation.
Located right in the middle of center city Denver is the Colorado University Denver Business School, which features five different MBA program offerings, including: a full-time Professional MBA; an 11-month accelerated MBA; the CU Denver Business School Executive MBA; the Health Administration MBA; and the highly-ranked Executive MBA Program in Health Administration, which is regarded by U.S. News as one of the 25 best “graduate programs in health services administration.” The UC Denver Business School, which was originally part of CU Boulder, has a second location 20 miles south of its center city location at the Liniger Building, formally part of CU South Denver.
Its original home, the University of Colorado Boulder, houses the most highly-regarded business institution in the state: the Leeds School of Business. Ranked among the best business schools in the country by both U.S. News and Forbes, Leeds is located less than 30 miles northwest of center city Denver. It offers both an exceptional full-time and Evening MBA, enrolling around 300 total students in both programs.
The accredited business school is, in fact, two years older than the aforementioned Daniels College of Business, making it the oldest business school in the state. Leeds holds a staggering 97 percent graduation rate for MBA students, who earn an average of $80,123 upon receiving full-time employment. MBA students that graduate from Leeds have been recently employed by notable companies like Deloitte, McKinsey & Co., Microsoft, Oracle, and more.
The Leeds School of Business at CU Boulder
Travel about an hour north of Denver and you’ll find the Colorado State University College of Business, located in Fort Collins. The CSU College of Business, located on the north end of the CSU campus, hosts a myriad of well-rounded MBA programs, including the universally well-regarded Online MBA—ranked among the 20 best in the world by the Financial Times. The MBA program is also one of the most affordable in the state, with current full-time tuition coming at a total cost of $40,368, and $40,897 for part-time students.
Colorado State University
The Denver Metro Business Community
After the federal and state government, both the first and second largest employers in the state, Denver is home to several of the country’s largest healthcare institutions, including American Medical Response and DaVita, as well as large employment branches for companies like Kaiser Permanente. The metro area is also home to the famous Coors Brewing Company, as well as more than 160 other brewing companies, which helped the city earn the nickname “The Napa Valley of Beer.” In addition, Denver is the original home of Western Union, Frontier Airlines, and multiple fast food chains, including Chipotle, QDoba Mexican Grill, and Quizno’s. According to the U.S. Bureau of Labor Statistics, the city has also seen employment figure increases in almost all industries.
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