Guide
Cheapest MBA Programs
MBA programs ranked by total tuition cost, from under $15,000 to $200,000+. Includes online and in-person options; updated weekly from official tuition pages.
Last updated: August 8, 2026
MBA sticker prices span a factor of 15 or more from the cheapest accredited options to the most expensive elite in-person programs. The gap reflects delivery format (online vs. in-person) and brand positioning, not curriculum quality. The ranking below is by verified total tuition in USD so you can see the range at a glance and click into any program for the requirements side.
GradsMatch tracks 100 MBA programs with verified tuition data. The cheapest in our database is currently $293.43 total, with a median of $61,474.53. 21 programs cost under $30,000 in total.
Cheapest MBA programs
| # | Program | School | Modality | Total cost |
|---|---|---|---|---|
| 1 | Business Administration45 cr | Seoul National UniversitySeoul, KR | in-person | $293.43 |
| 2 | International MBA (i-MBA)42 cr | Kyoto UniversityKyoto, JP | in-person | $6,737.93 |
| 3 | Kyoto-Cornell International Collaborative Degree Opportunity (KC-CDO)42 cr | Kyoto UniversityKyoto, JP | in-person | $6,737.93 |
| 4 | Master of Business Administration40 cr | Hong Kong Polytechnic UniversityHong Kong, HK | in-person | $6,773.60 |
| 5 | Master of Business Administration40 cr | City University of Hong KongHong Kong, HK | in-person | $6,896.20 |
| 6 | Master of Business Administration (International) | University of Hong KongShanghai, CN | in-person | $8,066.55 |
| 7 | Double Degree Program with University of Hamburg (MBA) | Kyoto UniversityKyoto, JP | in-person | $8,511.07 |
| 8 | Double Degree Program with National Taiwan University (MBA)42 cr | Kyoto UniversityKyoto, JP | in-person | $10,106.90 |
| 9 | Business Administration60 cr | KU LeuvenAntwerp, BE | in-person | $11,171.65 |
| 10 | Full-time MBA | Lomonosov Moscow State UniversityMoscow, RU | in-person | $14,888.89 |
| 11 | Executive Master of Business Administration30 cr | Hong Kong University of Science and TechnologyHong Kong, HK | in-person | $15,822.95 |
| 12 | Business Administration45 cr | Yonsei UniversitySeoul, KR | in-person | $17,838.51 |
| 13 | Kellogg-HKUST Executive MBA | Northwestern UniversityHong Kong, HK | in-person | $19,666.94 |
| 14 | Master of Business Administration | University of Science and Technology of ChinaHefei, CN | in-person | $22,007.69 |
| 15 | Executive MBA | Lomonosov Moscow State UniversityMoscow, RU | in-person | $24,444.44 |
| 16 | Online Master of Business Administration (OMBA)45 cr | Boston UniversityBoston, US | online | $25,000.00 |
| 17 | Master of Business Administration (MBA)72 cr | University of Illinois Urbana-ChampaignUrbana, US | online | $26,136.00 |
| 18 | Master of Business Administration46 cr | Nanjing UniversityNanjing, CN | in-person | $27,142.82 |
| 19 | Global MBA | Peking UniversityBeijing, CN | in-person | $27,582.97 |
| 20 | Peking University Guanghua MBA Program | Peking UniversityBeijing, CN | in-person | $27,582.97 |
| 21 | Tsinghua Global MBA Program (GMBA) | Tsinghua UniversityBeijing, CN | in-person | $29,050.15 |
| 22 | Executive Master of Business Administration40 cr | City University of Hong KongHong Kong, HK | hybrid | $30,168.70 |
| 23 | International Master of Business Administration (iMBA) | Zhejiang UniversityHaining, CN | in-person | $31,984.51 |
| 24 | Master of Business Administration (iMBA) (Master) | Zhejiang UniversityHaining, CN | in-person | $31,984.51 |
| 25 | Global MBA45 cr | Yonsei UniversitySeoul, KR | in-person | $33,908.83 |
| 26 | Management MBA Masters Online48 cr | Purdue University West LafayetteWest Lafayette, US | online | $35,904.00 |
| 27 | Online Master of Business Administration48 cr | Purdue University West LafayetteWest Lafayette, US | online | $35,904.00 |
| 28 | Full-Time MBA Digitalisation & Industrial Change90 cr | RWTH Aachen UniversityAachen, DE | in-person | $41,184.71 |
| 29 | Executive MBA90 cr | Technical University of MunichMunich, DE | in-person | $45,891.53 |
| 30 | Executive MBA in Business & IT90 cr | Technical University of MunichMunich, DE | in-person | $45,891.53 |
| 31 | Manchester Global MBA | University of ManchesterManchester, GB | hybrid | $45,967.69 |
| 32 | Executive MBA Energy Transition60 cr | University of GroningenGroningen, NL | hybrid | $46,891.73 |
| 33 | MBA Global Executive Master of Business Administration | University of SouthamptonSouthampton, GB | in-person | $48,130.87 |
| 34 | MBA Master of Business Administration | University of SouthamptonSouthampton, GB | in-person | $48,130.87 |
| 35 | Finance MBA Program46 cr | Shanghai Jiao Tong UniversityShanghai, CN | in-person | $53,992.19 |
| 36 | Master of Business Administration (IMBA) | Shanghai Jiao Tong UniversityShanghai, CN | in-person | $53,992.19 |
| 37 | Fudan IMBA (Full Time) | Fudan UniversityShanghai, CN | in-person | $54,256.29 |
| 38 | Fudan MBA | Fudan UniversityShanghai, CN | in-person | $54,256.29 |
| 39 | International MBA Program | Fudan UniversityShanghai, CN | in-person | $54,256.29 |
| 40 | Global Executive Master of Business Administration96 cr | Monash UniversityCaulfield, AU | in-person | $55,097.80 |
| 41 | Global Executive Master of Business Administration and Master of Business96 cr | Monash UniversityCaulfield, AU | in-person | $55,097.80 |
| 42 | Master of Business Administration (M.B.A.) Cornell-Tsinghua Finance60 cr | Cornell UniversityBeijing, CN | hybrid | $56,870.00 |
| 43 | Strategic Management and Leadership MBA | UCLLondon, GB | hybrid | $57,459.61 |
| 44 | Energy Transition120 cr | University of GroningenGroningen, NL | hybrid | $58,599.96 |
| 45 | Master of Business Administration (MBA)44 cr | Purdue University West LafayetteWest Lafayette, US | in-person | $59,400.00 |
| 46 | Global Executive MBA | University of ManchesterManchester, GB | hybrid | $59,825.59 |
| 47 | Executive Master of Business Administration (EMBA) | University of Illinois Urbana-ChampaignChampaign, US | in-person | $60,666.00 |
| 48 | Master of Business Administration (Peking University-Vlerick)60 cr | Peking UniversityBeijing, CN | in-person | $61,328.09 |
| 49 | Business Administration MBA | UCLBeijing, CN | in-person | $61,328.09 |
| 50 | Business Administration MBA180 cr | University of EdinburghEdinburgh, GB | in-person | $61,393.90 |
| 51 | Master of Business Administration (Leadership and Enterprise)72 cr | The University of SydneySydney, AU | in-person | $61,474.53 |
| 52 | Full-time Finance MBA Program | Fudan UniversityShanghai, CN | in-person | $62,795.27 |
| 53 | Master of Business Administration96 cr | Monash UniversityCaulfield, AU | in-person | $63,050.80 |
| 54 | Executive Programme Health MBA180 cr | UCLLondon, GB | online | $66,923.55 |
| 55 | Health MBA180 cr | UCLLondon, GB | in-person | $66,923.55 |
| 56 | Manchester Full-Time MBA | University of ManchesterManchester, GB | in-person | $67,599.54 |
| 57 | Major Infrastructure Delivery MBA180 cr | UCLLondon, GB | in-person | $68,410.73 |
| 58 | Operations Research | Carnegie Mellon UniversityPittsburgh, US | in-person | $68,805.00 |
| 59 | Master of Business Administration / Doctor of Medicine (MD/MBA)46 cr | Boston UniversityBoston, US | in-person | $73,124.00 |
| 60 | Master of Business Administration / Master of Science in Quantitative Economics (MBA/MS)80 cr | Boston UniversityBoston, US | in-person | $73,124.00 |
| 61 | Joint Master of Business Administration / Master of Library and Information Science (MBA/MLIS)96 cr | University of California-Los AngelesLos Angeles, US | in-person | $73,752.00 |
| 62 | Joint Master of Business Administration / Master of Urban and Regional Planning (MBA/MURP)72 cr | University of California-Los AngelesLos Angeles, US | in-person | $73,752.00 |
| 63 | Master of Business Administration24 cr | The University of QueenslandBrisbane City, AU | hybrid | $74,276.71 |
| 64 | Fudan-BI MBA | Fudan UniversityShanghai, CN | in-person | $74,532.70 |
| 65 | Business: Professional, MBA44 cr | University of Wisconsin-MadisonMadison, US | hybrid | $74,800.00 |
| 66 | Master of Law (Juris Doctor)/Master of Business Administration | University of MelbourneParkville, AU | in-person | $75,936.09 |
| 67 | Master of Business Administration (Advanced)96 cr | Australian National UniversityCanberra, AU | in-person | $76,105.18 |
| 68 | Executive MBA65 cr | Erasmus Universiteit RotterdamRotterdam, NL | in-person | $76,485.89 |
| 69 | Joint MBA/MA in Social Work, Social Policy, and Social Administration | University of ChicagoChicago, US | in-person | $76,608.00 |
| 70 | Joint MBA/MPP2700 cr | University of ChicagoChicago, US | in-person | $76,608.00 |
| 71 | Global Online MBA90 cr | Imperial College LondonLondon, GB | online | $77,063.48 |
| 72 | Executive MBA180 cr | King's College LondonLondon, GB | hybrid | $77,252.75 |
| 73 | Joint Master of Business Administration / Master of Arts in Education119 cr | Stanford UniversityStanford, US | in-person | $77,454.00 |
| 74 | Joint Master of Business Administration / Master of Public Policy145 cr | Stanford UniversityStanford, US | in-person | $77,454.00 |
| 75 | Joint Master of Business Administration / Master of Science in Computer Science129 cr | Stanford UniversityStanford, US | in-person | $77,454.00 |
| 76 | Joint Master of Business Administration / Master of Science in Electrical Engineering129 cr | Stanford UniversityStanford, US | in-person | $77,454.00 |
| 77 | Master of Business Administration - Working Professional48 cr | Ohio State University-Main CampusColumbus, US | hybrid | $78,333.00 |
| 78 | Master of Business Administration92 cr | National University of SingaporeSingapore, SG | in-person | $78,616.49 |
| 79 | Juris Doctor/Master of Business Administration (JD/MBA)124 cr | University of Southern CaliforniaLos Angeles, US | in-person | $78,944.00 |
| 80 | Master of Business Administration/Doctor of Medicine (MBA/MD)48 cr | University of Southern CaliforniaLos Angeles, US | in-person | $78,944.00 |
| 81 | Master of Business Administration/Doctor of Pharmacy (MBA/PharmD)48 cr | University of Southern CaliforniaLos Angeles, US | in-person | $78,944.00 |
| 82 | Master of Business Administration/Master of Arts in Jewish Nonprofit Management (MBA/MA)82 cr | University of Southern CaliforniaLos Angeles, US | in-person | $78,944.00 |
| 83 | Master of Business Administration/Master of Real Estate Development (MBA/MRED)82 cr | University of Southern CaliforniaLos Angeles, US | in-person | $78,944.00 |
| 84 | Master of Business Administration/Master of Science in Gerontology (MBA/MS)78 cr | University of Southern CaliforniaLos Angeles, US | in-person | $78,944.00 |
| 85 | Online MBA48 cr | Washington University in St LouisSt. Louis, US | online | $79,200.00 |
| 86 | Business AdministrationMaster of Business AdministrationFaculty of Commerce and Business Administration | University of British ColumbiaVancouver, CA | in-person | $79,388.59 |
| 87 | Master of Business Administration (MBA)51 cr | University of British ColumbiaVancouver, CA | in-person | $79,388.59 |
| 88 | Professional Master of Business Administration (PMBA)42 cr | University of British ColumbiaVancouver, CA | hybrid | $79,388.59 |
| 89 | Master of Business Administration | University of MelbourneParkville, AU | in-person | $80,604.71 |
| 90 | Master of Business Administration (Extension)120 cr | University of New South WalesKensington, AU | in-person | $81,077.60 |
| 91 | Global Executive MBA65 cr | Erasmus Universiteit RotterdamRotterdam, NL | in-person | $81,781.06 |
| 92 | International MBA65 cr | Erasmus Universiteit RotterdamRotterdam, NL | in-person | $82,369.42 |
| 93 | Master of Business Administration (MBA) - Online51 cr | University of Southern CaliforniaLos Angeles, US | online | $82,519.00 |
| 94 | Business Administration - Global Business (MBA)50 cr | Georgia Institute of Technology-Main CampusAtlanta, US | hybrid | $84,563.00 |
| 95 | Business Administration - Management of Technology (MBA)50 cr | Georgia Institute of Technology-Main CampusAtlanta, US | in-person | $84,563.00 |
| 96 | Business Administration for Healthcare and the Life Sciences (GEMBA-HLS)11 cr | University of TorontoToronto, CA | hybrid | $84,996.70 |
| 97 | Business: Executive, MBA32 cr | University of Wisconsin-MadisonMadison, US | hybrid | $86,400.00 |
| 98 | Full-Time Master of Business Administration (MBA)200 cr | University of ChicagoChicago, US | in-person | $87,354.00 |
| 99 | Dual Juris Doctor/Master of Business Administration (J.D./M.B.A.)117 cr | Cornell UniversityIthaca, US | in-person | $88,976.00 |
| 100 | Business Administration (MBA)54 cr | Georgia Institute of Technology-Main CampusAtlanta, US | in-person | $89,824.00 |
USD figures are converted from each program's native currency at the FX rate on the day it was last verified. Switch to "Native currency" to see the school's published price.
Frequently asked questions
- What's the cheapest accredited MBA?
- Online MBAs from major public universities typically anchor the low end, with total tuition often under $20,000. Examples frequently cited: University of the People, UNC Kenan-Flagler's MBA@UNC at the higher end of online, and a number of state-system schools that publish in-state tuition caps. The ranking above reflects verified sticker prices, not after-scholarship cost.
- Why do MBA prices vary so much?
- Two reasons. First, delivery: online programs share a recorded lecture library across cohorts, which drops per-student cost dramatically. Second, brand: the top-15 MBAs (Stanford, Harvard, Wharton, Booth, Kellogg, MIT Sloan, Columbia, INSEAD, LBS, IESE) price for the expected salary bump, not for cost recovery. You're paying for recruiter access and the alumni network, not the curriculum.
- Are cheap MBAs worth it?
- It depends on why you're getting one. If you need the credential to qualify for internal promotion or to pivot into a role that requires an MBA bullet on the resume, a cheap AACSB-accredited online MBA is strictly better than a $150k in-person one. If you need the recruiter pipeline (consulting, banking, big tech), the top-15 in-person programs are effectively the only ones that unlock that pipeline reliably.
- Does tuition include fees and living costs?
- Tuition here is sticker tuition as published by the school. It typically includes required program fees but NOT living expenses. For a 2-year in-person MBA, add $25,000 to $50,000 per year for housing, food, transport, and health insurance depending on city. Online MBAs let you keep your existing job and skip those costs entirely.
- Can international students apply to these?
- Yes, but visa considerations matter. Online MBAs don't require an F-1 visa and don't confer OPT work rights. In-person US MBAs typically grant 12 months of OPT (24 more if STEM-designated, which an increasing number of MBAs now are). UK and European MBAs generally grant 1 to 2 years of post-study work rights via each country's graduate-visa scheme.