London School of International Business (LSIB)

What is the average cost of an online MBA degree program?

What is the Average Cost of an Online MBA Degree Program?

When considering pursuing an online MBA degree, one of the most important factors to take into account is the cost. The average cost of an online MBA program can vary depending on the school, program length, and other factors. Here is a breakdown of the average costs of online MBA programs:

School	Average Cost
University of Phoenix	$22,275
Ashford University	$18,627
Walden University	$24,780
Capella University	$14,148
Grand Canyon University	$17,050

As you can see, the average cost of an online MBA program can range from around $14,000 to $24,000. It is important to research each school and program to determine which one best fits your budget and academic goals.

Factors Affecting Cost

There are several factors that can affect the cost of an online MBA program. Some of these factors include:

• School Reputation: More prestigious schools may have higher tuition costs.
• Program Length: Longer programs may cost more than shorter ones.
• Specializations: Programs with specialized concentrations may have higher tuition costs.
• Financial Aid: Availability of scholarships, grants, and loans can impact the overall cost.

It is important to consider these factors when researching online MBA programs to ensure you are getting the best value for your investment.

In conclusion, the average cost of an online MBA degree program can vary depending on the school and program. By researching different options and considering factors such as school reputation, program length, and financial aid, you can find a program that fits your budget and academic goals.