20 Best Executive MBA Online with Less Cost | 2023 Ranking

Often, the concern of ‘funding’ continually prevents a number of us from pursuing the furtherance of our education. It is a justifiable limitation, especially if you do not qualify for a wholly or partly funded scholarship.

We often think, “Oh, if only I could work and school, I should be able to pay for my masters then.” Sadly, no private employer will afford you a “Study leave with pay.” Thus, your best option would be an online masters degree.

Now, if you are invested in pursuing a career in Business administration, an executive MBA (EMBA) online degree solves your ‘funding’ concerns. EMBA Online programs offer high-quality training for current professionals who need to reconcile work, school, and family.

EMBA online programs are the better option for professionals who want to continue their education but cannot take the time to attend courses. Students can study on schedule to earn their degrees and advance their careers.

In this piece, we shall explore Best Executive MBA Online with Less Cost that are available for you.

Many universities worldwide offer first-class EMBA online programs via email, computer conferences, chat rooms, online bulletin boards and sound and video clips as a transmission method.

In general, EMBA online programs focus on developing the knowledge base on business practices in finance, accounting, marketing, information systems, etc., focusing on general management and leadership. Most EMBA online programs can be completed within 2 years.

What are Executive MBAs?

Executive MBAs (EMBA degrees) are practice-oriented business degrees for university graduates, usually aimed at senior business people who share their experiences with colleagues and want to advance to the highest level.

EMBA degrees at international business schools offer international business, information technology management, leadership, personnel management, e-commerce or marketing specializations.

Most Executive MBA programs are designed to add value to you and your employer. They help you acquire the skills you need to lead in the workplace, expand your talent network and offer a global perspective.

You don’t have to leave your current career to return to school. Online MBA programs for managers are now available in some of the best schools.

Is an Executive MBA worthwhile?

Executive MBA studies offer a high level of marketable knowledge and skills within the corporate sector with high specialization. Features of EMBA degrees include flexibility, a shorter duration of study, and a focus on more applied learning.

Business professionals usually complete an executive degree to improve their business acumen, higher management positions and salary increases.

Executive MBA degrees are among the most expensive academic programs but are often funded by employers. Business schools and colleges offer in-class and online courses and various state-of-the-art concentrations.

EMBAs include studies in finance, marketing, strategy, operations management, human resource management, information technology, entrepreneurship, and more. Graduates acquire highly specialized knowledge and marketable skills that large employers particularly value.

Why Should You Get an Executive MBA Online?

Executive MBAs offer part-time options for professionals with 10 or more years of experience. The students of these programs often have five or more years of experience in management positions.

Learners’ experience to an EMBA enables them to thrive when they apply advanced business knowledge and skills in their daily roles.

The curriculum in an EMBA extends the comprehensive understanding of corporate governance. Learners can apply what they have learned directly to technology, healthcare or finance positions.

By developing more effective and efficient techniques for communicating with colleagues and making business decisions, EMBA students have reached high-level leadership positions.

How long does it take to earn an Online Executive MBA?

Standard online EMBAs require a two-year commitment, typically ranging from 35 to 65 credits. However, many universities offer accelerated paths for managers that can be completed in just one year. These MBA programs usually span 30 to 42 credit hours.

In contrast to traditional MBA programs, many EMBA degrees are part-time programs. Most MBA degrees include coursework that full-time students complete in two years.

Learners can complete an EMBA in 2-4 years, although accelerated options allow students to complete their degree in 18 months.

Online EMBAs provide added convenience and flexibility, allowing students to complete coursework outside a traditional classroom.

However, online EMBAs can include residence requirements that accompany online courses. Students should also review the internship, project, and research components for potential online EMBAs.

To pursue your MBA program in an Ivy League University, you must be well prepared. Click on the link to explore the Best Ivy League Online MBA Programs

How much does an Online Executive MBA cost?

The total cost of an Executive MBA online can vary significantly from school to school. The state’s place of residence is a factor that affects tuition fees. In-state residents typically pay $530 to $1,600 per loan, while foreign students may pay $1,500 or more.

However, many universities do not charge fees outside of the state. These schools are cheaper for non-state students and more expensive for state residents. Students should plan to spend at least $35,000 to $40,000 on a government EMBA program and at least $65,000 to $100,000 on a non-governmental program.

Online degrees may be a cheaper option than on-campus programs. Students can often avoid tuition fees by attending a school that offers similar tuition regardless of location.

What are the best Schools that offer Executive MBA online with less cost?

Here is the list of the Best Schools where you can obtain an executive MBA online with less cost. The schools have been arranged in order of their affordability.

Southwest Baptist University, Bolivar, Missouri

Online Professional MBA

Website

Southwest Baptist University is reputed to offer the cheapest online MBA for executives with a professional track. The MBA is entirely online and aims at working people striving for leadership, business, and management.

The program requires 37 credits and offers interested parties a track for health management. Online courses for the MBA include a history of management, marketing management, and organizational behavior, as well as servant leadership.

A bachelor’s degree from an accredited college or university is required for admission. The school offers the cheapest online MBA program for executives on our list.

Tuition Fees: $5,346

University of Nevada, Reno, Nevada

Online Executive MBA

Website

The University of Nevada Reno is also known to offer the cheapest online EMBA which can be completed in two years with courses from the fall semester.

Like most EMBA programs, the UNR program is based on cohorts, i.e., a small group of students starts the program simultaneously and takes part in lock-step courses together until the end.

This educational choice enables students to work in teams on projects, collaborate, and network. The program consists of 12 classes, each lasting 12 weeks in the fall, spring and summer semesters.

The University of Nevada program is open to any student with an accredited bachelor’s degree from any discipline with a GPA of 2.75 and at least five years of professional experience.

Tuition Fees: $5,467

University of the Cumberlands, Williamsburg, Kentucky

Online Executive MBA

Website

The University of the Cumberlands offers an online EMBA that is rated and affordable. The program is offered by the Hutton School of Business and is one of the best online MBA programs for students wishing to study in a variety of business areas and areas.

The program aims to enable students to use their critical thinking and problem-solving skills in solving advanced real business situations with what they learn in the classroom.

The courses are hybrid, including a weekly class reunion over the 16-week semester and an 8-week online course.

The content includes business accounting, finance, marketing management, and organizational behavior.

Tuition Fees: $5,970

University of Wyoming, Laramie, Wyoming

Online EMBA

Website

The University of Wyoming offers an online EMBA for professionals looking for advancement and promotion opportunities associated with obtaining a master’s degree.

The Wyoming program is accredited by the Association for Advancement of Collegiate Business Schools and consists of 30 credit hours that must be completed over two years.

Admission requirements include a curriculum vitae, at least five years of full-time work experience, three years as a supervisor, three letters of support, a GMAT value of 550 or higher (GRE also accepted) and an interview.

Tuition Fees: $6,078

Florida Atlantic University, Boca Raton, Florida

Online Executive MBA

Website

Florida Atlantic University offers online EMBA programs that are affordable and accredited and last for only 23 months. The EMBA program lasts 23 months and is explicitly aimed at working people.

The program also offers various specializations for those interested in finance, health care, international business and operations management.

The courses include corporate financial management, global management strategy and policy, leadership and organizations, management of information systems and technologies, and marketing management in a global environment.

Tuition Fees: $6,657

Texas Southern University, Houston, Texas

Online Executive MBA

Website

Texas Southern University’s Executive MBA Online is aimed at mid-career professionals looking for career and advancement through advanced commercial education and training.

The online EMBA in Texas Southern is accredited by the Association to Advance Collegiate Schools of Business (AASCB) and is expected to be completed in two years.

While most of the degree is conducted online, students can take an international business trip to China.

The 36-credit program comprises 12 classes over two years with a typical course load of two courses per semester. Students can choose between a general MBA or an energy financing concentration.

Tuition fees: $6,811

University of North Alabama, Florence, Alabama

Online Executive MBA

Website

The University of North Alabama offers an Executive MBA online for professionals looking for business education and skills to prepare for career advancement and promotion.

The 34-credit program is offered online specifically for students who want to keep their careers and private lives intact and, at the same time, want to earn a master’s degree from an accredited institution.

The UNA program is a mix of business theory and application, where students work to solve realistic and complex business problems using the skills and knowledge learned in the curriculum.

The courses include accounting information, analysis tools for strategic decisions, career planning and development, and strategic marketing analysis and concepts.

Tuition fees: $7,112

University of North Carolina, Wilmington, North Carolina

Online Executive MBA

Website

The Cameron School of Business at the University of North Carolina at Wilmington offers one of the best online MBA programs for students pursuing a master’s degree with various specializations that allow students to focus on Focus on content that works best for your career.

While most are online, students benefit from two short 2-3-day campus stays on the main campus in Wilmington, NC.

Students also take part in an international residence that lasts 7 to 10 days in Europe or China. In addition to the core curriculum, students can choose from key areas such as business analytics, finance, health management or international business. However, specialization is not required.

Tuition Fees: $7,367

Sam Houston State University, Huntsville, Texas

Online Executive MBA

Website

San Houston State University is one of the best online MBA programs for professionals seeking an online MBA focused on banking and finance. The curriculum prepares students for top jobs in the financial and regulatory sectors.

The cohort-based program lasts two years and requires that students complete a two-week internship on campus at the beginning of both years.

Admission requirements include a bachelor’s degree from an institution accredited by the AACSB (can be replaced by work experience), a curriculum vitae, a telephone interview and a 2.5 GPA. Students with a GPA less than 2.5 must submit GMAT / GRE results.

Tuition Fees: $7,575

Colorado State University

Online Executive MBA

Website

Colorado State University offers one of the world-class and affordable online EMBA, in which busy professionals can earn a master’s degree while maintaining their personal and professional lives.

The program at the CSU can be completed in just 21 months. The students enroll in a 25-member cohort, through which they navigate the curriculum and network with colleagues and teachers.

The CSU’s EMBA is a hybrid model in which 40% of the work is done online. Students can also choose from a fully online MBA. The Colorado EMBA does not require GMAT or GRE scores.

Courses include business management for the global market, international business, leadership and teams, human capital management, and marketing strategy and planning.

Tuition Fees: $8,017

Pittsburg State University, Pittsburg, Kansas

Online Professional MBA

Website

Pittsburg State University offers one of our list’s cheapest online executive MBA programs. The program consists of 30 credits and can be completed in 12 months.

The 100% online program is also AACSB accredited and designed for professional professionals. Courses include financial strategy, leadership and behavior management, management control systems, marketing strategy, quantitative business analysis, and strategic management.

Admission criteria include a cumulative GPA degree of 2.7 or better, official credentials, and three years of management experience.

Tuition fees: $8,164

University of Pittsburgh, Pittsburgh, Pennsylvania

Online Professional MBA

Website

The Joseph M. Katz Graduate School at the University of Pittsburgh offers a partially online professional MBA with six focus areas. The Katz MBA is ideally designed for working people and part-time students.

Students can adapt their degree to career goals and personal interests with concentration options. Some concentrations include finance, information systems and technology management, marketing, operations, organizational behavior, human resource management and strategy.

Admission to the professional MBA program requires a bachelor’s degree from an accredited US university and official GMAT or GRE results.

Tuition fees: $8,164

University of Arkansas, Fayetteville, Arkansas

Online Executive MBA

Website

The University of Arkansas offers an online Executive MBA with 38 credits that can be completed in 24 months. The EMBA provided by the Walton College of Business offers a strong focus and a strong foundation in the value chain and consumer goods.

The curriculum is application-based, with students working on real case studies and scenarios for complex business situations and the reasons for the problem-solving process.

The study areas include business analytics, finance, innovation, entrepreneurship, and retail. Admission requirements include a resume, three letters of support, GMAT / GRE results (which can be waived), and certificates.

Tuition Fees: $8,571

University of Oklahoma, Norman, Oklahoma

Online Executive MBA

Website

One of the best online EMBA programs on our list is offered by the University of Oklahoma. This unique 15-month Executive MBA program focuses on the energy management industry, particularly oil and gas management.

To meet the schedules of the professionals, the program is offered almost exclusively online. However, there are three one-week personal stays on campus. Admission requires a bachelor’s degree from an accredited institution and eight or more years of professional experience.

Three of the eight years must take place in the energy industry.

Tuition Fees: $8,577

Southeastern Louisiana University, Hammond, Louisiana

Online Executive MBA

Website

Southeastern Louisiana University offers one of our list’s cheapest online executive MBA programs. This partially online program is AACSB accredited and requires 60% face-to-face and 40% online tuition.

Classes that meet face to face only need Saturdays. The program is aimed at professionals and lasts approximately 17 months. A general EMBA and concentrations in health management, finance, and accounting are offered.

Some general courses include business and strategy, financial policy, and organizational theory and behavior.

Tuition fees: $8,781

Louisiana Tech University, Ruston, Louisiana

Online Professional MBA

Website

One of our list’s best online EMBA programs is the professional MBA at Louisiana Tech University. This online MBA makes learning easier for professionals with difficulty following a unified timetable.

The courses are offered online and cover various business and leadership topics. Some classes include accounting analysis for decision making, financial management, global perspective in management, marketing management, organizational behavior and strategic management.

Admission to the program requires GMAT or GRE results and satisfactory student performance.

Tuition Fees: $9,603

Ohio University, Athens, Ohio

Online MBA

Website

Whether you are looking for an Executive MBA online or a professional MBA program, Ohio University offers a flexible degree suitable for your career goals.

The program offers 100% online coursework, eight optional concentrations and does not require a GMAT for admission. Concentration options allow students to tailor their degrees to areas of interest.

These concentrations include accounting, business analysis, business management and healthcare, to name a few. For those interested in EMBA options, the program offers courses such as global ethics, leadership and change management, and prescriptive analysis.

Tuition Fees: $9,720

Bowling Green State University, Bowling Green, Ohio

Online Executive MBA

Website

Bowling Green State University offers a professional online MBA and an executive MBA for those seeking leadership and career advancement. The 21-month EMBA program starts in September and requires Saturday classes to be attended one weekend a month.

While most courses occur during these Saturday meetings, some can be offered online. These classes include managerial accounting, global financial management, strategic human resource management, and organizational leadership and global business.

Tuition Fees: $9,831

Purdue University, West Lafayette, Indiana

Online Executive MBA

Website

The online MBA program for managers at Purdue University is aimed at full-time employees. A mixture of online and rare personal courses offers busy professionals a comfortable learning environment.

The program consists of 48 credit hours and lasts 19 months. The courses include corporate governance, IT and leadership, mergers and acquisitions and negotiations.

Admission requirements include a completed online application, a current professional curriculum vitae, two professional recommendations and official certificates. Purdue also offers one of our list’s oldest and cheapest EMBA online programs.

Tuition Fees: $9,992

University of Missouri, Columbia, Missouri

Online Executive MBA

Website

The University of Missouri offers one of the cheapest Executive MBA online programs on our profile list. This mixed program consists of 48 credits and requires minimal campus visits.

The course work is mainly offered online and includes business analytics, finance and business, leadership development, organizational behavior, strategy and innovation.

Most of the enrolled students complete the course requirements in just 21 months. Admission requires at least five years of professional experience.

A bachelor’s degree from an accredited college or university and current full-time employment are also required.

Tuition Fees: $10,017

Executive Online MBA Admission Requirements

Although the requirements may vary, in most cases, students must have a bachelor’s degree in a business-related field and at least one to two years of work experience.

In addition, most institutes require Executive MBA candidates to submit GMAT or GRE results as part of their application process. The minimum score also varies.

What can I do with an Executive MBA?

Students who complete an Executive MBA online program are qualified for various management positions in companies. The career path of top executives and three other areas of corporate management are highlighted below.

Top Executives

CEOs, COOs and other managers take over the management level for private companies and organizations. These people oversee finance and budget planning, marketing and sales, supply chain logistics, and other niche areas of corporate governance.

Finance Manager

Financial managers are responsible for overseeing the financial activities in their organization and ensuring that their employers comply with all applicable financial regulations.

They also create short and long-term budgets and can advise top executives on assets, investments and other financial matters.

HR Manager

HR managers run a company’s HR department. They monitor all employees’ recruitment, review, hiring, orientation and professional development.

Manager for Advertising, Sales Promotion and Marketing

These managers are the creative minds behind promotions and campaigns that arouse enthusiasm for goods, services and personnel. Your work requires a lot of consumer and market research.

Conclusion

Executive MBA programs are designed to add value to you and your employer. They help you acquire the skills you need to lead in the workplace, expand your talent network and offer a global perspective.

You don’t have to leave your current career to return to school. Online Executive MBA programs are now available in some of the best schools. Please take advantage of it now.

References

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