You don’t have to break the bank to go to grad school. Look for schools that give you a combination of a high-quality education at an affordable price, and think about whether your home university will help you out with out-of-state costs. Below we’ve listed affordable MBA degrees at some of the world’s most esteemed schools. In this guide, we review all you need to know about Cheapest MBA Programs In The World, cheapest mba in the world for international students, cheapest mba in europe, cheapest triple accredited mba and most affordable top mba programs.
It’s expensive to enroll in an MBA program. It’s even more so abroad! So if you can’t afford the very best, don’t worry – because we did some calculations and came up with a list of the cheapest MBA degrees around. We think these are decent options for those who want good value from their education. Read on to know more about Cheapest MBA Programs In The World, cheapest mba in the world for international students, cheapest mba in europe, cheapest triple accredited mba and most affordable top mba programs.
For your application to be successful, you need to apply for multiple schools and keep looking at schools until you find a good fit. Remember to take into consideration the different tuition rates across countries – some countries have free tuition and others do not.
Cheapest MBA Programs In The World
Now we begin with Cheapest MBA Programs In The World, then cheapest mba in the world for international students, cheapest mba in europe, cheapest triple accredited mba and most affordable top mba programs.
ESMT-European School Of Management Technology
ESMT is located in Berlin, Germany and was founded in 2002 by 25 global companies like BOSCH, Siemens etc. European School Of Management Technology offers an Executive MBA, Masters in Management. The European School Of Management Technology MBA is a one-year, full-time MBA program and focuses on leadership development and international management. ESMT offers scholarships based on merit and has coveted Triple accreditation.
European School of Management and Technology MBA fees – $41,276.
National University of Singapore (NUS)
Located in Singapore and founded in 1905, National University of Singapore ranking is one of Asia’s top university by Quaquarelli Symonds University Rankings in 2015 and 2016. National University of Singapore(NUS) offers BBA, MBA courses, Executive MBA, MSc and Ph.D. programs and comes under the top 10 affordable business schools list. The National University of Singapore MBA is a one-year program and is ranked as 7th in the world by Forbes Global MBA in 2015.
National University of Singapore fees – $43,103.
University of British Columbia-Sauder School of Business
It is located in Vancouver, Canada, founded in 1956 and is ranked among the top 100 business schools by The Economist and the Financial Times. It offers programs like MBA, International Masters of Business Administration (IMBA) and Masters of Management (MM). UBC Sauder MBA program has a full-time and a part-time MBA . UBC School of Business acceptance rate was 13% in 2015.
UBC Sauder MBA fees – $47,724
University of Cambridge (Judge)
Cambridge, England founded in 1209, is one of the affordable business schools around the world . Cambridge Judge Business School MBA program is ranked as top in the world by Forbes Magazine, Bloomberg, BusinessInsider etc. Named after Sir Paul Judge, a founding benefactor, University of Cambridge offers Programmes like Master of Finance (MFin), The Executive MBA (EMBA). Cambridge Judge Business School ranking was 37 out of 100 in the world.
Cambridge Judge Business School fees – $49,000.
SDA Bocconi
It is located in Milano Italy, founded in 1971. SDA Bocconi was ranked 7th in the world by QS World University Rankings for business and management studies in 2015. It offers MBA programs like Full-Time MBA, Global Executive MBA, Executive MBA (Evening course) etc. SDA Bocconi School of Management ranking was 7th in the world in 2015 by QS World University Rankings.
SDA Bocconi School of Management fees – $52,148
CEIBS-China Europe International Business School
CEIBS ,Shanghai ,China and was founded in 1994 and is one among top 10 affordable business schools. It offers programs like Finance MBA and Executive MBA and started offering a part-time MBA in 2012. CEIBS also launched a Ph.D. program by coordinating with IESE Business School. CEIBS ranking was 1 in Aisa and CEIBS MBA ranking (full-time) was 21 in 2015 by Bloomberg Businessweek.
CEIBS MBA fees – $59,844
You can find all opportunities and scholarships for MBA at www.wemakescholars.com
cheapest mba in the world for international students
Now we consider cheapest mba in the world for international students, cheapest mba in europe, cheapest triple accredited mba and most affordable top mba programs.
1. MBA costs in the USA
The USA holds a special place among top MBA study destinations. Its universities and colleges are often in the top 10 list of international rankings, like the Times Higher Education Rankings by Subject.
While top American business schools also have some of the highest tuition fees, MBA costs usually range between:
- 5,000 – 10,000 EUR/year: around 50 MBAs
- 10,000 – 20,000 EUR/year: around 150 MBAs
- Over 20,000 EUR/year: over 450 MBAs
MBA costs at the best business schools in the US
- MBA cost at Harvard University – 65,885 EUR/year
- MBA cost at Stanford University – 43,700 EUR/year
- MBA costs at Yale University – 62,350 EUR/year
- MBA costs at University of Chicago – 35,475 EUR/year
- MBA costs at University of California, Los Angeles (UCLA) – 29,045 EUR/year
You can also find MBAs with low tuition in the USA (under 5,000 EUR/year).
In the US, online MBA costs vary between 535 – 78,000 EUR/year.
2. MBA costs in the UK
After the United States, Britain is the second country with the most universities ranked in the top 10 business school rankings. In the UK, you can also visit the Tower of London, the Buckingham Palace, Big Ben, Stonehenge, and many other touristic attractions which are famous all over the world.
In the UK, MBA costs usually range between:
- 5,000 – 10,000 EUR/year: 25 MBAs
- 10,000 – 20,000 EUR/year: around 120 MBAs
- Over 20,000 EUR/year: around 75 MBAs
MBA costs at the best business schools in the UK
- MBA cost at London Business School – 37,230 EUR/year
- MBA cost at University of Cambridge – 63,000 EUR/year
- MBA cost at University of Oxford – 68,150 EUR/year
- MBA cost at University of Warwick – 46,340 EUR/year
- MBA cost at Imperial College London – 59,570 EUR/year
You can also find several MBAs with low tuition in the UK (under 5,000 EUR/year).
In the UK, online MBA costs range from 4,020 to 21,775 EUR/year.
3. MBA costs in Australia
Australia will always attract international business students thanks to its friendly and supportive academic environment, its natural beauty, the numerous sights to explore, and the fact that Australian cities are some of the best destinations for international students.
If you want to study an MBA in Australia, it won’t come cheap. Costs usually range between:
- 5,000 – 10,000 EUR/year: only 2 MBAs
- 10,000 – 20,000 EUR/year: around 55 MBAs
- Over 20,000 EUR/year: around 50 MBAs
MBA costs at the best business schools in Australia
- MBA cost at University of Queensland – 47,415 EUR/year
- MBA cost at University of New South Wales – 24,965 EUR/year
- MBA cost at Australian National University – 28,095 EUR/year
- MBA costs at University of Sydney – 40,485 EUR/year
- MBA costs at Monash University – 23,470 EUR/year
In Australia, online MBA costs vary between 10,675 – 24,760 EUR/year.
4. MBA costs in Canada
Canada has a high quality of life, top-ranked student cities, and offers business students the chance to learn a new foreign language and grow in a bilingual environment. In a country that embraces diversity and acceptance, it’s not surprising that MBA costs vary from one extreme to another:
- 5,000 – 10,000 EUR/year: around 10 MBAs
- 10,000 – 20,000 EUR/year: around 15 MBAs
- Over 20,000 EUR/year: around 30 MBAs
MBA costs at the best business schools in Canada
- MBA cost at University of British Columbia – 42,040 EUR/year
- MBA cost at University of Toronto – 42,425 EUR/year
- MBA cost at University of Alberta – 7,070 EUR/year
- MBA cost at McGill University – 29,960 EUR/year
- MBA cost at York University – 17,520 EUR/year
You can also find several MBAs with low tuition in Canada (under 5,000 EUR/year).
In Canada, online MBAs will cost you between 875 – 13,700 EUR/year.
5. MBA costs in China
As a study destination, China has increased a lot in popularity during the last years. The reason? Affordable tuition fees, economic investments, and a desire to become an academic hub for international students.
Culture an ancient history are other important reasons why students from all over the world choose to study in China. Here’s how much you can pay for an MBA in China:
- 5,000 – 10,000 EUR/year: no MBA on our portal
- 10,000 – 20,000 EUR/year: around 10 MBAs
- Over 20,000 EUR/year: around 10 MBAs
cheapest mba in europe
More details coming up on cheapest mba in europe, cheapest triple accredited mba and most affordable top mba programs.
Central European University (CEU)
Vienna, Austria
CEU’s MBA program is one of the least expensive full-time, AMBA-accredited MBAs in the world, due to an endowment from the school’s founder, George Soros. As an added bonus to value-hunters, the school is located in Budapest, which generally features lower living costs than major cities in other parts of Europe.
Conservatoire National des Arts et Metiers (CNAM) – International Institute of Management
Paris, France
Paris is not a cheap city, by any means. So budget-minded students looking to study for their MBA in the City of Light might want to do it as inexpensively as possible. CNAM’s Paris-based International MBA program had be had for less than half the cost of other programs in the city.
MIB Trieste School of Management
Trieste, Italy
Tucked away in the picturesque northeast corner of Italy, MIB’s Trieste location is hard to beat in terms of natural beauty. But the school also offers one of the least expensive AMBA-accredited MBA programs in Europe. But don’t be mistaken: low cost does not mean low value—MIB is listed by FIND MBA as one of the best European business schools off the beaten path.
Athens University of Economics and Business (AUEB)
Athens, Greece
The International MBA program from Athens-based AUEB is one of the few AMBA-accredited MBA programs in Greece, at a very reasonable cost. The school’s full-time MBA can be completed in 14 months.
Universidad Carlos III de Madrid (UC3M)
Madrid, Spain
Students looking for a value MBA program in Spain will find it at UC3M. The school’s full-time, AMBA-accredited MBA is a fraction of the cost of other programs in Madrid, and indeed, in most of Europe.
Zagreb School of Economics and Management (ZSEM)
Zagreb, Croatia
Zagreb School of Economics, which, as of 2016 is the only AACSB-accredited business school in Croatia, offers an MBA program with classes scheduled in the afternoons. Although the program can be completed in one year, students can also choose to take classes during a second year as well, for no additional fee.
Hochschule Pforzheim
Pforzheim, Germany
Today, those wishing to pursue an internationally-accredited MBA in Germany have no shortage of options. However, few German business schools can provide an AACSB-accredited program at the price point of Pforzheim’s MBA in International Management. Those who have a bachelor’s degree in business or economics can shorten the program by six months (and pay even less.)
Koç University – Graduate School of Business
Istanbul, Turkey
The only EQUIS-accredited business school in Turkey (as of 2016), the Istanbul-based Koç University offers an Executive MBA program that is currently ranked in the Financial Times. In addition to offering a modular MBA program, the school also offers an intensive MBA program that can be completed in 12 months (on a budget).
cheapest triple accredited mba
5) EU Business School ($19,500)
This 15-month program has courses in Transformational Management & Leadership, Negotiation, Global Economics, Legal Issues & Business Ethics, and Communication for Success.
It boasts one of the highest percentages of female students among Online MBA programs, with 56% of its class being women. You’ll also find yourself immersed in a diverse cohort, with 100% of the class being international students who have on average 10 years of professional experience.
The program is accredited by ACBSP, IACBE, IQA, and is certified by eduQua.
4) SBS Swiss Business School ($17,800)
©SBS Swiss Business School / via Facebook
This two-year Online MBA program has 15 modules, with one module running every eight weeks. The program aims to improve students’ leadership qualities, international business acumen, and sustainability efforts.
It has five specializations in Entrepreneurship, Global Finance and Banking, Human Resource Management, International Management, and Marketing.
This year’s class has an average of nine years’ professional experience. 52% of the Online MBA class are female.
The school holds accreditation from the likes of the Swiss Accreditation Council, British Accreditation Council, ACBSP, and IACBE.
3) Ball State University: Miller ($16,520)
©Ball State University Miller College of Business / via Facebook
Indiana’s Miller College of Business is among the accredited Online MBA programs with a stamp of approval from AACSB.
This distance learning MBA allows students to customize their degree by choosing one of ten concentrations in topics such as Artificial Intelligence, Business Analytics, Healthcare Administration, Sales Management, or Healthcare Administration.
Some courses are offered in asynchronous format, so you can undertake weekly assignments and deadlines at your own pace.
2) Fayetteville State University ($15,600)
This AACSB-accredited, fully flexible program can be completed in as little as 12 months, but you can take up to 72 months if you want. It consists of 27 credit hours and nine to 12 elective credit hours. The program is even cheaper if you’re studying in-state, at $6,900.
You can also choose between concentrations in Business Intelligence and Data Analytics, Entrepreneurship, Finance, General Business, Healthcare Management, International Business, Management, Marketing, Project Management, and Supply Chain Management.
To be eligible to apply, you will need a minimum GMAT score of 400 and a minimum GPA of 2.75 or higher. The average age of candidates is 35 years old, with 45% of students women.
1) Georgia Southwestern State University ($15,420)
Another of the accredited Online MBA programs stamped by AACSB, Georgia Southwestern State University’s distance learning MBA provides a broad base of business knowledge in finance, ethics, international business, management, and marketing.
The curriculum includes core courses in Managerial Economics, Organizational Theory & Behaviour, Strategic Management, and International Business Practice.
Applications open three times per year, in June, November, and April.
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