Online MBA Costs
February 14, 2010 by Best Online MBA · 1 Comment
How much does an average online MBA cost?
An online MBA can cost as little as $8,000 – or over $100,000. The tuition cost varies substantially from school to school. Best Online MBA has surveyed the top 30 online MBA programs and the average cost of a top online MBA is $32,902.
But does pricing indicate the intrinsic worth of some programs over others? While it might be easy to sneer at the low-cost online MBA providers, remember that pricey doesn’t necessarily mean better, so be sure to check and compare program rankings and accreditation.
How do I calculate how much my online MBA will cost?
When calculating and comparing online MBA costs, take a look at the following factors that impact the cost of your online MBA:
- Number of semester hours required
- Cost per semester hour
- Registration and material fees
Here’s a formula that you can use to estimate your total program cost: (Number of semester hours required) x (Cost per semester hour) + (Fees).
In addition to these three factors, you should also look closely at the class format of an MBA program. You’ll save money if the program is 100% online, since you don’t have to spend money on commuting to a local study center or the university campus.
The program profiles at Best-Online-MBA.net contain information about the program’s estimated cost and class format.
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Check out what others are saying about this post...[...] full-time on-campus MBA program at Harvard University can cost up to $150,000. But the average online MBA costs only $32,000, one-fifth of the price. And that does not even take into account the salary [...]