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    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: June 25, 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 $8,066.55 total, with a median of $96,084.00. 7 programs cost under $30,000 in total.

    Cheapest MBA programs

    #ProgramSchoolModalityTotal cost
    1Master of Business Administration (International)University of Hong KongShanghai, CN
    in-person
    $8,066.55
    2Business Administration60 crKU LeuvenAntwerp, BE
    in-person
    $11,171.65
    3Kellogg-HKUST Executive MBANorthwestern UniversityHong Kong, HK
    in-person
    $19,666.94
    4Master of Business Administration (MBA)72 crUniversity of Illinois Urbana-ChampaignUrbana, US
    online
    $26,136.00
    5Global MBAPeking UniversityBeijing, CN
    in-person
    $27,582.97
    6Peking University Guanghua MBA ProgramPeking UniversityBeijing, CN
    in-person
    $27,582.97
    7Tsinghua Global MBA Program (GMBA)Tsinghua UniversityBeijing, CN
    in-person
    $29,050.15
    8Executive MBA90 crTechnical University of MunichMunich, DE
    in-person
    $45,891.53
    9Executive MBA in Business & IT90 crTechnical University of MunichMunich, DE
    in-person
    $45,891.53
    10Finance MBA Program46 crShanghai Jiao Tong UniversityShanghai, CN
    in-person
    $53,992.19
    11Master of Business Administration (IMBA)Shanghai Jiao Tong UniversityShanghai, CN
    in-person
    $53,992.19
    12Fudan IMBA (Full Time)Fudan UniversityShanghai, CN
    in-person
    $54,256.29
    13Fudan MBAFudan UniversityShanghai, CN
    in-person
    $54,256.29
    14International MBA ProgramFudan UniversityShanghai, CN
    in-person
    $54,256.29
    15Master of Business Administration (M.B.A.) Cornell-Tsinghua Finance60 crCornell UniversityBeijing, CN
    hybrid
    $56,870.00
    16Strategic Management and Leadership MBAUCLLondon, GB
    hybrid
    $57,459.61
    17Executive Master of Business Administration (EMBA)University of Illinois Urbana-ChampaignChampaign, US
    in-person
    $60,666.00
    18Master of Business Administration (Peking University-Vlerick)60 crPeking UniversityBeijing, CN
    in-person
    $61,328.09
    19Business Administration MBAUCLBeijing, CN
    in-person
    $61,328.09
    20Business Administration MBA180 crUniversity of EdinburghEdinburgh, GB
    in-person
    $61,393.90
    21Full-time Finance MBA ProgramFudan UniversityShanghai, CN
    in-person
    $62,795.27
    22Executive Programme Health MBA180 crUCLLondon, GB
    online
    $66,923.55
    23Health MBA180 crUCLLondon, GB
    in-person
    $66,923.55
    24Major Infrastructure Delivery MBA180 crUCLLondon, GB
    in-person
    $68,410.73
    25Operations ResearchCarnegie Mellon UniversityPittsburgh, US
    in-person
    $68,805.00
    26Joint Master of Business Administration / Master of Library and Information Science (MBA/MLIS)96 crUniversity of California-Los AngelesLos Angeles, US
    in-person
    $73,752.00
    27Joint Master of Business Administration / Master of Urban and Regional Planning (MBA/MURP)72 crUniversity of California-Los AngelesLos Angeles, US
    in-person
    $73,752.00
    28Fudan-BI MBAFudan UniversityShanghai, CN
    in-person
    $74,532.70
    29Master of Law (Juris Doctor)/Master of Business AdministrationUniversity of MelbourneParkville, AU
    in-person
    $75,936.09
    30Joint MBA/MA in Social Work, Social Policy, and Social AdministrationUniversity of ChicagoChicago, US
    in-person
    $76,608.00
    31Joint MBA/MPP2700 crUniversity of ChicagoChicago, US
    in-person
    $76,608.00
    32Global Online MBA90 crImperial College LondonLondon, GB
    online
    $77,063.48
    33Executive MBA180 crKing's College LondonLondon, GB
    hybrid
    $77,252.75
    34Joint Master of Business Administration / Master of Arts in Education119 crStanford UniversityStanford, US
    in-person
    $77,454.00
    35Joint Master of Business Administration / Master of Public Policy145 crStanford UniversityStanford, US
    in-person
    $77,454.00
    36Joint Master of Business Administration / Master of Science in Computer Science129 crStanford UniversityStanford, US
    in-person
    $77,454.00
    37Joint Master of Business Administration / Master of Science in Electrical Engineering129 crStanford UniversityStanford, US
    in-person
    $77,454.00
    38Master of Business Administration92 crNational University of SingaporeSingapore, SG
    in-person
    $78,616.49
    39Business AdministrationMaster of Business AdministrationFaculty of Commerce and Business AdministrationUniversity of British ColumbiaVancouver, CA
    in-person
    $79,388.59
    40Master of Business Administration (MBA)51 crUniversity of British ColumbiaVancouver, CA
    in-person
    $79,388.59
    41Professional Master of Business Administration (PMBA)42 crUniversity of British ColumbiaVancouver, CA
    hybrid
    $79,388.59
    42Master of Business AdministrationUniversity of MelbourneParkville, AU
    in-person
    $80,604.71
    43Business Administration - Global Business (MBA)50 crGeorgia Institute of Technology-Main CampusAtlanta, US
    hybrid
    $84,563.00
    44Business Administration - Management of Technology (MBA)50 crGeorgia Institute of Technology-Main CampusAtlanta, US
    in-person
    $84,563.00
    45Business Administration for Healthcare and the Life Sciences (GEMBA-HLS)11 crUniversity of TorontoToronto, CA
    hybrid
    $84,996.70
    46Full-Time Master of Business Administration (MBA)200 crUniversity of ChicagoChicago, US
    in-person
    $87,354.00
    47Dual Juris Doctor/Master of Business Administration (J.D./M.B.A.)117 crCornell UniversityIthaca, US
    in-person
    $88,976.00
    48Business Administration (MBA)54 crGeorgia Institute of Technology-Main CampusAtlanta, US
    in-person
    $89,824.00
    49Weekend MBAImperial College LondonLondon, GB
    in-person
    $92,611.37
    50Technology Management Master of Business Administration (TMMBA)68 crUniversity of Washington-Seattle CampusSeattle, US
    hybrid
    $94,392.00
    51Joint MBA/MS in Applied Data ScienceUniversity of ChicagoChicago, US
    hybrid
    $96,084.00
    52Joint MBA/MS in Computer ScienceUniversity of ChicagoChicago, US
    in-person
    $96,084.00
    53Hybrid Master of Business Administration62 crUniversity of Washington-Seattle CampusSeattle, US
    hybrid
    $99,000.00
    54Business Administration (Extended Full-Time MBA)University of TorontoToronto, CA
    in-person
    $101,881.82
    55Full-Time MBAImperial College LondonLondon, GB
    in-person
    $105,455.28
    56Flexible MBA54 crJohns Hopkins UniversityBaltimore, US
    online
    $107,190.00
    57Business AdministrationUniversity of CambridgeCambridge, GB
    in-person
    $108,159.26
    58Kellogg-Schulich Executive MBA56 crNorthwestern UniversityToronto, CA
    hybrid
    $109,833.78
    59Executive MBAImperial College LondonLondon, GB
    hybrid
    $114,243.22
    60Executive Master of Business AdministrationImperial College LondonLondon, GB
    hybrid
    $114,243.22
    61MBA/MSN61 crJohns Hopkins UniversityBaltimore, US
    online
    $114,841.00
    62Master of Business Administration/Master of MarketingUniversity of MelbourneParkville, AU
    in-person
    $115,004.66
    63Master of Business Administration (MBA)88 crUniversity of Washington-Seattle CampusSeattle, US
    in-person
    $119,148.00
    64MBAi (Joint MBA and Master of Science in Artificial Intelligence)22 crNorthwestern UniversityEvanston, US
    in-person
    $119,996.00
    65Accelerated MBA192 crCarnegie Mellon UniversityPittsburgh, US
    hybrid
    $122,010.00
    66Tech and the City MBA (Tech MBA)52 crNew York UniversityNew York City, US
    in-person
    $122,565.00
    67Fashion & Luxury MBA52 crNew York UniversityNew York, US
    in-person
    $122,720.00
    68Kellogg-WHU Executive MBANorthwestern UniversityVallendar, DE
    in-person
    $123,554.12
    69MBA/MA in Design Leadership66 crJohns Hopkins UniversityBaltimore, US
    online
    $123,935.00
    70Full-Time Master of Business Administration92 crUniversity of California-San DiegoSan Diego, US
    in-person
    $124,550.00
    71Online Master of Business Administration57 crUniversity of Michigan-Ann ArborAnn Arbor, US
    hybrid
    $128,000.00
    72Global Executive Master of Business Administration (GEMBA)University of Washington-Seattle CampusSeattle, US
    in-person
    $129,500.00
    73Johnson Cornell Tech Master of Business Administration (M.B.A.)50 crCornell UniversityNew York, US
    in-person
    $135,374.00
    74Executive Master of Business Administration (EMBA)University of Washington-Seattle CampusSeattle, US
    in-person
    $138,150.00
    75Part-Time Flex MBACarnegie Mellon UniversityPittsburgh, US
    hybrid
    $140,000.00
    76Executive MBA (Global)University of CambridgeCambridge, GB
    hybrid
    $145,203.81
    77Full-Time MBA54 crJohns Hopkins UniversityBaltimore, US
    in-person
    $150,000.00
    78Master of Business Administration (MBA)54 crJohns Hopkins UniversityBaltimore, US
    in-person
    $150,000.00
    79Fully Employed Master of Business Administration (FEMBA)82 crUniversity of California-Los AngelesLos Angeles, US
    hybrid
    $151,208.00
    80MBA/MPH127 crJohns Hopkins UniversityBaltimore, US
    in-person
    $154,332.00
    81Weekend Executive MBA51 crDuke UniversityDurham, US
    hybrid
    $155,853.00
    82Sloan Fellows Master of Business AdministrationMassachusetts Institute of TechnologyCambridge, US
    in-person
    $156,574.00
    83Daytime MBA79 crDuke UniversityDurham, US
    in-person
    $162,000.00
    84Master of Business Administration57 crUniversity of Michigan-Ann ArborAnn Arbor, US
    hybrid
    $162,304.00
    85Master of Business Administration (MBA)192 crCarnegie Mellon UniversityPittsburgh, US
    hybrid
    $162,680.00
    86Master in Business Administration (MBA)57 crHarvard UniversityBoston, US
    in-person
    $169,520.00
    87Master of Business Administration (MBA)98 crStanford UniversityStanford, US
    in-person
    $171,510.00
    88Evening & Weekend MBA20 crNorthwestern UniversityChicago, US
    in-person
    $172,036.00
    89Full-Time MBANorthwestern UniversityEvanston, US
    in-person
    $172,740.00
    90Master of Business Administration (M.B.A.)60 crCornell UniversityIthaca, US
    in-person
    $173,192.00
    91Global Executive MBADuke UniversityDurham, US
    hybrid
    $174,700.00
    92Evening Master of Business Administration (MBA)140 crUniversity of ChicagoChicago, US
    in-person
    $174,700.00
    93Weekend Master of Business Administration (MBA)2000 crUniversity of ChicagoChicago, US
    in-person
    $174,700.00
    94Master of Business Administration (MBA)University of California-Los AngelesLos Angeles, US
    in-person
    $175,467.00
    95Master of Business Administration (MBA)19 crUniversity of PennsylvaniaPhiladelphia, US
    in-person
    $175,940.00
    96MBA in Health Care Management19 crUniversity of PennsylvaniaPhiladelphia, US
    in-person
    $175,940.00
    97Master of Business Administration (M.B.A.)51 crUniversity of California-BerkeleyBerkeley, US
    in-person
    $178,078.00
    98Executive Master of Business Administration (EMBA)University of OxfordOxford, GB
    in-person
    $179,030.62
    99Joint MBA/MS in Biomedical SciencesUniversity of ChicagoChicago, US
    in-person
    $181,000.00
    100MS/MBA Biotechnology: Life SciencesHarvard UniversityBoston, US
    in-person
    $181,010.00

    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.