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5 Most Affordable MBA Programs in the US for International Students

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Image Courtesy: My Degree Guide

MBA degree is the most sought-after degree nowadays. It opens up a window for a variety of job opportunities and personal growth for the students.

But studying MBA from a reputable college could be heavy on the pocket. Many people dream of pursuing MBA from any of the esteemed colleges in the US, but back out due to its high expense.

Keeping the same in mind, here we have listed 5 MBA programs in the US which would be quite affordable for international students. These institutes provide quality education at lower cost, making it affordable for international students.

  1. University of North Carolina:

This institute is one of the colleges that provides MBA degree at affordable costs in the US. For a full-time MBA, the tuition fees would be around INR 13.85 lakhs. The University of North Carolina at Wilmington offers seven graduate business degrees. An online MBA, a professional MBA, or an international MBA are all options for students.

Requirements for admission-

  • The official academic transcripts are required.
  • There’s a requirement for 3 recommendation letters.
  • Applicants are preferred to have 2 years of work experience
  • The applicant has to submit their resume.
  • For international students, either the score needs to be a minimum of 80 in TOEFL-cBT or 6.5 in IELTS.
  • Also, applicants are required to take the GMAT/GRE exam.
  1. Kentucky State University:

Kentucky State University also provides MBA degrees at pocket-friendly tuition fees. The tuition fees for a full-time MBA in this institute is 13.89 lakhs. Students must obtain 30 credit hours in basic business topics such as marketing, accounting, and economics in order to complete the course. The courses are available in various kinds of disciplines which are Accounting, Management, Marketing, Finance, Public Administration, and Computer Science.

Requirements for admission-

  • Applicants should have a bachelor’s degree with a minimum 2.7/4 GPA.
  • The official academic transcripts are required.
  • There’s a requirement of 3 recommendation letters; either professional or academic.
  • For international students, either the score needs to be a minimum of 173 in TOEFL-cBT or 525 in TOEFL-pBT.
  • Also, applicants are required to have a GMAT score of a minimum of 400 or a GRE score of a minimum of 286.
  1. Iowa State University:

This institute is also one of the good institutes to provide MBA education at an affordable cost. The tuition fees for a full-time MBA in this institute are 10.85 lakhs. Iowa University provides one of the most affordable MBA programs in the country, with the option to concentrate on a STEM-focused MBA. A full-time MBA, a Professional MBA, or an executive MBA are all options for students. This institute provides various options for Masters in Business Administration; they are Accounting, Entrepreneurship, Finance, Real Estate Development, Business Analytics, Information Systems, and Healthcare Analytics & Operations.

Requirements for admission-

  • The official academic transcripts are required.
  • There’s a requirement for recommendation letters.
  • Applicants are preferred to have 2 years of work experience
  • The applicant has to submit their resume, a personal essay, and their financial statement.
  • For international students, either score needs to be a minimum of 79 in TOEFL-cBT or 6.5 in IELTS.
  • Also, applicants are required to take the GMAT/GRE exam.
  1. University of Hawaii:

This institute also provides an MBA degree with an economic advantage. The tuition fees for a full-time MBA in this institute are 14.09 lakhs. The curriculum is available in both full-time and part-time formats at the school. This institute teaches students the principles of business management, with a focus on Asia-Pacific countries. This institute provides various options for Masters in Business Administration; they are Accounting, Human Resource Management, Science in Finance, and Science in Information Systems.

Requirements for admission-

  • Applicants should have a bachelor’s degree with a minimum 3/4 GPA.
  • The official academic transcripts are required.
  • There’s a requirement for 2 recommendation letters.
  • The applicant is expected to have 2 years of work experience.
  • The applicant has to submit their resume and a statement of purpose essay.
  • For international students, either the score needs to be a minimum of 100 in TOEFL-cBT or 7 in IELTS.
  • Also, applicants are required to take the GMAT/GRE exam.
  1. California Miramar University:

This college is one of the good institutes that provide MBA education at an affordable cost. Students who want to get admitted to this institute have to complete thirteen courses to complete the course. An additional advantage to enrolling in this institute is that there is no requirement for GMAT scores. Here many courses are provided such as MBA in Healthcare Management, MBA in International Business Concentration, MBA in Finance Concentration, MBA in Marketing Concentration, and MBA in Technology Management. For a full-time MBA, the tuition fees would be around INR 16.77 lakhs.

Requirements for admission-

  • Applicants should have a bachelor’s degree with a minimum 2/4 GPA.
  • The academic transcripts need to be officially evaluated by the National Association of Credential Evaluation Services.
  • For international students, either score needs to be a minimum of 71 in TOEFL-iBT or 6.0 in IELTS.

 

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Sahil Kohli
Marketing Professional. Writer. Loves Cricket.
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