10 Affordable MBA Colleges in USA for Indian Students

10 Affordable MBA Colleges in USA for Indian Students

Reading Time 14 minutes/Updated on 21-10-2024

The Master of Business Administration (MBA) is a prestigious program chosen by many people aspiring to rise up the ranks of an organisation. The USA is usually a top destination for MBA students due to the high-quality education system and accreditation in place. Besides this, there are many benefits of studying MBA in the USA. To help Indian MBA aspirants, we have some of the most affordable MBA colleges in USA for Indian students.

Dive into the blog to learn more about these affordable MBA colleges in USA, such as program duration and tuition fees.

10 Affordable MBA Colleges in USA

Below is the list of 10 most affordable MBA colleges in USA for Indian students. The rankings of the universities are sourced from US News & World Report.

  • Worcester State University
  • Southeast Missouri State University
  • University of Buffalo
  • Minnesota State University
  • Northeastern State University
  • University of South Dakota
  • Lehman College
  • Cameron University
  • University of Tampa
  • Central Michigan University

Let’s learn more about these affordable MBA colleges in USA for international students.

Worcester State University

Worcester State University is the most affordable MBA college in USA. It offers an MBA program that provides a quality education at an affordable cost. The low tuition fees make it the cheapest MBA in USA for Indian students. The program is designed to be flexible for working professionals. The MBA from Worcester State prepares graduates for leadership roles and career advancement in various industries. It is an excellent choice for those seeking an accredited, convenient, and economical MBA in Massachusetts.

Ranking#96 in Regional Universities North
Popular MBA programMaster of Science in Management
Duration1.5 years
Annual feesUSD 6,102

Southeast Missouri State University

Southeast Missouri State University offers one of the cheapest MBAs in USA for Indian students, with a specialisation in Health Administration that prepares students for management roles in the healthcare industry. The Health Administration specialisation adds classes focused on healthcare systems, policies, and administration. Students can choose from 8 other specialisation choices.

Ranking#88 in Regional Universities Midwest
Popular MBA programMBA in Health Administration
Duration1.5 years
Annual feesUSD 11,583

Also read: Top Scholarships for Indian Students in the USA 2024

University of Buffalo

University of Buffalo’s MBA provides advanced business education covering core areas like accounting, finance, marketing, operations, and management. In addition to Business & Management Studies, the university also offers specialisations in Finance, Marketing, Business Analytics and more.

Ranking#76 in National Universities
Popular MBA programMBA in Business & Management Studies
Duration2 years
Annual feesUSD 11,797

Minnesota State University

Minnesota State University, one of the affordable MBA colleges in USA, offers an MBA in Business & Management Studies that prepares students for leadership and managerial roles across various industries. The specialisation focuses on organisational behaviour, human resources, project management, and business policy. This program is ideal for those seeking to develop strong leadership abilities for success in managerial roles.

Ranking#53 in National Universities
Popular MBA programMBA in Business & Management Studies
Duration2 years
Annual feesUSD 11,797

Also read: Top Student Cities for International Students in USA

Northeastern State University

Northeastern State University’s MBA program is tailored for working professionals seeking to elevate their careers. With its industry-relevant curriculum, NSU provides an ideal path to enhanced business skills and leadership development. Specialisations include Finance and Marketing.

Ranking#62 in Regional Universities West
Popular MBA programMBA in Finance
Duration2 years
Annual feesUSD 12,340

University of South Dakota

Next in the list of affordable MBA colleges in USA is the University of South Dakota. It offers an MBA program that provides a well-rounded business education. The program covers core areas such as accounting, finance, marketing, management, and operations. Students can choose specialisation in areas like Analytics, Operations and Supply Chain Management.

Ranking#269 in National Universities
Popular MBA programMBA in Business Analytics
Duration2 years
Annual feesUSD 12,768

Also read: Top Courses to Study in USA After 12th Commerce for Indian Students

Lehman College

Lehman College is part of the City University of New York (CUNY), a prestigious CUNY institution that provides affordable, high-quality education. The curriculum emphasises strategic decision-making, ethical leadership, and developing a global mindset alongside core business disciplines.

Ranking#27 in Regional Universities North
Popular MBA programMaster of Science in Business
Duration1.5 years
Annual feesUSD 18,600

Cameron University

Cameron University offers an MBA program designed for working professionals. Students can choose a concentration area like Finance, Management, or Marketing based on their interests. The affordable tuition and flexible scheduling make it an attractive choice.

Ranking#97 in Regional Universities West
Popular MBA programMBA in Marketing
Duration2 years
Annual feesUSD 19,350

Also read: 2024 Intakes for Studying in the USA

University of Tampa

The University of Tampa’s MBA program is designed to provide students with the skills and knowledge necessary to advance their careers in today’s business world. What sets UT’s MBA apart is the choice of unique specialisations like Entrepreneurship, Cybersecurity, and International Business.

Ranking#16 in Regional Universities South
Popular MBA programMBA in International Business
Duration1 year
Annual feesUSD 20,440

Central Michigan University

Central Michigan University stands last on the list of affordable MBA colleges in USA. CMU’s MBA in Business Data Analytics equips students with skills to analyse and leverage data for business decisions. After completing this accredited MBA, graduates are prepared for data-driven decision-making roles across various industries.

Ranking#260 in National Universities
Popular MBA programMBA in Business Data Analytics
Duration2 years
Annual feesUSD 29,700

Affordable MBA Programs in USA with The WorldGrad

The WorldGrad is an award-winning academic partner for globally ranked universities. Our All American Graduate Program allows aspirants to pursue an MBA initially from India for up to one semester and then progress overseas to complete their remaining degree.

Below is a list of some affordable MBA programs in the USA with The WorldGrad.

ProgramUniversityTuition Fee via The WorldGradSavings with The WorldGrad
Master of Business Administration – Business AnalyticsLander UniversityINR 13 lakhs
  • On tuition fees – INR  1 lakh
  • On living expenses – INR 5 lakhs
Master of Science – Engineering ManagementIndiana Institute of TechnologyINR 14 lakhs
  • On tuition fees – INR  1 lakh
  • On living expenses – INR 9 lakhs
Master of Business Administration – Data AnalyticsTiffin UniversityINR 16.6 lakhs
  • On tuition fees – INR  5.4 lakhs
  • On living expenses – INR 5 lakhs
M.S. Operations & Supply ManagementUniversity of Wisconsin-StoutINR 22 lakhs
  • On tuition fees – INR  3 lakh
  • On living expenses – INR 4 lakhs
M.S. in Cyber and Information SecuritySt. John’s UniversityINR 29 lakhs
  • On tuition fees – INR  8 lakh
  • On living expenses – INR 8 lakhs
Master of Science in Cybersecurity – Computer ScienceDrexel UniversityINR 38.3 lakhs
  • On tuition fees – INR  5.4 lakhs
  • On living expenses – INR 13.6 lakhs

Types of MBA Programs in USA

A variety of MBA programs exist, allowing students and even skilled individuals to further their studies or completely change their career direction. Here are all the options available to anyone looking to earn an MBA in the USA.

Executive MBA (EMBA)
This MBA program is dedicated to professionals who already have close or over a decade of work experience. It is a part-time program aimed at helping entry-level professionals gain experience and upskill based on immense experience from senior-level experts.

Part-Time MBA
The part-time MBA allows working individuals to continue their studies alongside their jobs. To facilitate the students, these programs are conducted in the evenings during non-working hours or sometimes over the weekends to ensure there is no conflict with regular work. Additionally, this program includes a combination of in-person and online classes.

Full-Time MBA
A full-time MBA is an in-person program offering the full learning experience to individuals who are looking to pursue business administration as a change from another completely different discipline. The Full-time MBA in the USA takes a minimum of two years to complete.

Online MBA
As the name suggests, the online MBA is completely online, offering the student the flexibility to learn at their own pace and from the comfort of their home. Also, most online MBA courses even allow students to pay per module. Generally, this program would take the student two years to complete.

Why Study MBA in USA?

There are multiple reasons to study MBA in USA. Below are the top reasons among them:

  1. Recognised Universities & Globally Accepted Certification: Pursuing an MBA in the USA is a great opportunity for international students. American universities are among the best in the world, and their degrees are highly valued globally. An MBA from a US university allows graduates to kickstart their careers anywhere due to the widespread recognition of American degrees. These factors make getting an MBA in the USA very appealing for Indian students.
  2. Better Career Options: Having an MBA from a US university makes Indian students’ resumes more impressive. The choice of university impacts career prospects, as companies evaluate candidates based on their knowledge, university ranking and popularity.
  3. Global Networking: Studying in the USA allows students to build a global network. Universities in the USA attract students from many countries, creating a diverse student body. International students can socialise with locals and others from different nations to develop a large network. This can help them make friends, get advice, adapt better, and potentially find internships or jobs.
  4. Ability to Attract Higher Salaries: Earning an MBA from a foreign country like the USA can lead to higher salaries. This is due to several factors – comprehensive curriculum taught by world-class educators, use of real-world case studies, and an equal emphasis of practical and theoretical knowledge.
  5. Internship Opportunities: Internship opportunities are a major reason why the USA is a top destination for Indian students pursuing an MBA. Getting work experience at an American company greatly helps in finding a permanent job later. Some US universities offer MBA programs to Indian students and even provide internship placements. This gives international students an excellent head start for their careers right after graduation.

Affordable MBA Colleges in USA FAQs

Q1. What are the admission requirements for studying for an MBA in the US?
A1. The admission requirements for studying an MBA in the US include a Bachelor’s degree from a recognised university, English proficiency test scores, GRE or GMAT, work experience, SOP, and LOR.

Q2. Is it worth pursuing an MBA in the US?
A2. Yes, it’s definitely worth every penny to pursue an MBA from the USA. An MBA from a reputed US university carries immense global value, opening doors to lucrative career opportunities worldwide.

Q3. Which is the cheapest university for an MBA in the USA?
A3. Worcester State University is the cheapest university in the USA for an MBA. It costs only USD 6,102 per year.

Q4. In which country MBA is most demanding?
A4. The USA is the top choice for international students to study for an MBA.

Q5. Is an MBA cheaper in the UK or the USA?
A5. MBA is considerably less expensive in the UK than in the USA.

Stanley Lazarus Chelli

Author: Stanley Lazarus Chelli

Stanley is our seasoned writer known for his deep knowledge of the ed-tech industry. He delivers insightful and impactful content that resonates with readers. Beyond his exceptional writing abilities, he is a die-hard petrolhead with a profound love for the automotive industry. Additionally, Stanley is a soon-to-be professional keyboardist.