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London School of International Business (LSIB)

What is the average cost of obtaining one of the cheapest MBA online degrees?

When it comes to pursuing an MBA online, cost is a significant factor to consider. The average cost of obtaining one of the cheapest MBA online degrees can vary depending on the institution and program you choose. However, on average, you can expect to pay anywhere from $5,000 to $30,000 for a budget-friendly online MBA program.

To give you a better idea of the cost breakdown, here is a table showcasing the average cost range for obtaining one of the cheapest MBA online degrees:

MBA Program Average Cost Range
University of the People $2,460 - $4,860
Western Governors University $6,790 - $8,960
Southern New Hampshire University $10,000 - $15,000
University of Illinois Urbana-Champaign $22,000 - $30,000

It's important to note that these costs are approximate and can vary based on factors such as residency status, program length, and additional fees. Additionally, financial aid, scholarships, and employer tuition reimbursement programs can help offset the cost of obtaining an MBA online.

Ultimately, when researching and comparing online MBA programs, be sure to consider not only the cost but also the program's accreditation, curriculum, faculty, and student support services to ensure you are making a well-informed decision for your academic and career goals.