If you are a military personnel who is interested in enrolling in an MBA program, this article is just right for you! This article contains a list of the most affordable online MBA programs for military personnel.
Active duty military members and veterans are more inclined to choose online MBA programs because it offers flexibility and allows them to go about their duties while schooling.
There are many advantages to pursuing a Master of Business Administration degree and one of them is that the MBA is a path to career advancement opportunities. As the years go by, more universities and colleges have started offering online learning formats that cater to military personnel and army veterans.
This is because many colleges have realized that military personnel have busy schedules and cannot travel or spend the whole day taking classes. MBA programs are usually on the high side but taking an online path offers affordability and helps you to save on transportation expenses.
Let’s explore our list of the most affordable online MBA programs for military personnel.
Most Affordable Online MBA Programs for Military Personnel
1. Arizona State University
Arizona State University offers one of the nation’s most affordable online MBA programs for military personnel through its W.P. Carey School of Business.
The program offers four tracks of concentrations International Business, Finance, Supply Chain Management, and Marketing. Students are required to take core MBA courses such as Ethical Issues for Managers, Finance: The Art of Managing Resources, Operations and Supply Management, and Financial Performance Reporting in addition to concentration-specific classes.
Students are also required to complete a capstone project in Strategic Management. Arizona State University is accredited by the Higher Learning Commission to award this online graduate degree in business administration. The average cost of this program is $14,081.
2. University of Nebraska- Lincoln
The University of Nebraska located in Lincoln offers a fully online MBA for military personnel. The program features five specialization tracks in Finance, Business Analytics, Marketing, Supply Chain Management, and International Business.
30 credit hours of the 48-credit-hour curriculum are devoted to exploring core courses like Applied Organizational Behavior, Introduction to Business Strategy, and Managerial Marketing.
The University of Nebraska- Lincoln is accredited by the Higher Learning Commission. The average cost of this program is $17,093.
3. University of Massachusetts- Lowell
The Master of Business Administration degree program from the University of Massachusetts- Lowell is an accelerated offering designed to be completed within a year and 6 months.
The program features eight different specialization tracks including Marketing, Managerial Leadership, Information Technology, Entrepreneurship, etc.
Core courses include Accounting Information for Management Decisions, Customers and Markets, and Management Information Systems.
Students may take additional classes like Fraud Examination and Forensic Accounting, International Financial Management, and Innovation and Emerging Technology depending on their chosen concentration.
The University of Massachusetts- Lowell is accredited by the New England Commission of Higher Education. The average cost of this program is $18,183
4. University of Arizona
The University of Arizona offers one of the best online MBA programs for military personnel through the prestigious Eller College of Management.
The program offers six distinct concentration tracks such as Healthcare, Management and Organizations, Management Information Systems/Privacy and Security, Marketing, Entrepreneurship, and Finance.
Core courses explored in this program include Communication for Managers, Survey of Finance as Analyst, Economics for Managers, and Business Strategy. Students can also from elective offerings like Investment Analysis and Management, Leading, and Organizing for Innovation, Health Economics, and Customer Focused Entrepreneurship.
The University of Arizona is accredited by the Higher Learning Commission. The average cost of this program is $16,580.
5. Oklahoma State University
Oklahoma State University offers an online MBA for military personnel through its Spears School of Business. This program is a part-time 33-credit hour program and is offered entirely online at an accelerated pace, it can be completed in just a year.
Students can choose from one of nine concentration tracks including Energy Business, Data Science, and Business Sustainability. All students regardless of the concentration they choose will take core classes in Descriptive Analytics, Management and Organization Theory, Project Management, and Corporate and Business Strategy.
Oklahoma State University is accredited by the Higher Learning Commission. The average cost of this program is $15,325.
6. North Carolina State University
North Carolina State University offers one of the most affordable MBA programs for military personnel in an entirely online and hybrid format. The program is offered both in an accelerated and flexible track, this enables students to work at their own pace toward their degree.
There are five concentration tracks available Marketing Management, Technology Entrepreneurship and Commercialization, Innovation Management, Financial Management, and Supply Chain Management.
Students will also be required to take core courses such as Economics and Managerial Accounting, Statistics and Marketing, and Critical Thinking and Communications.
North Carolina State University is accredited by the Southern Association of Colleges and Schools Commission on Colleges. The average cost of this program is $15,325.
7. Rutgers University-Camden
Rutgers University-Camden offers an online MBA for military personnel that can be pursued on a full-time or part-time basis. The program offers four concentration tracks Investments, Private Wealth Management, Strategic Leadership, Business Analytics, and Digital Marketing.
The program features 54 credit hours and explores core courses such as Leadership & Managing Human Capital, Managing Projects & IT, Financial Statement Analysis, and International Business Environment.
Rutgers University- Camden is accredited by the Middle States Commission on Higher Education. The average cost of this program is $13,844.
8. Purdue University Global
Purdue University Global offers a versatile online MBA for military personnel in six concentration tracks. The tracks are Finance, Health Care Management, Information Technology, Human Resources, Project Management, and Marketing.
Regardless of the choice of concentration, students are required to take core courses such as Financial Accounting Principles and Analysis, Economics for Global Decision Makers, Managing the Value Chain, and Business Perspectives.
Students may also take classes like Strategic Project Selection and Initiation, Consumer Behavior, and Decision Support Systems, and Employment Law. Purdue University is accredited by the Higher Learning Commission. The average cost of this program is $12,117.
9. Temple University
Temple University offers an affordable MBA for military personnel through its renowned Fox School of Business. The program is self-paced and features an accelerated track that can be completed in 20 months.
The program features 12 concentration options, including Innovation Management, Travel & Tourism, Marketing Management, and Sports Business.
Core courses covered in this program include Quantitative Methods for Business, Business Strategy in a Global Environment, Managing Risk, and Law and Ethical Foundations.
Temple University is accredited by the Middle States Commission on Higher Education. The average cost of this program is $23,023.
10. Penn State University- World Campus
Penn State University offers a 48-credit hour MBA for military personnel. The program is exceptionally versatile, it offers over 12 concentration tracks like Marketing Analytics, Corporate Innovation and Entrepreneurship, Business Architecture, and Negotiation and Influence.
The program’s interdisciplinary curriculum explores core courses such as Economics for Business Strategy, Managing in the Digital Economy, Team Performance, and Leadership Communications and Change Management.
Penn State University- World Campus is accredited by the Middle States Commission on Higher Education and AACSB. The average cost of this program is $18,194.