Most Affordable Online Master’s In Management Degrees

A ranking of the most affordable online master's in management programs. Programs ranked by affordability, flexibility, and academic quality.

Updated August 29, 2022

Most Affordable Online Master’s In Management Degrees

Are you ready to find your fit?

The highest-quality master’s in management programs are ones that place professional preparation at the top of their mission.

And of those, it doesn't hurt when they're the most affordable programs around.

A degree in Management is ideal for those who are hoping to immediately land a managerial role upon graduation, or who are looking to advance in their career. This degree will not only allow students to understand the fundamentals behind managerial theory, but will also give practical, hands-on experiences that graduates can use in their career.

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FAQ About Management Degrees

What kind of Management degree should you get?

An online degree in Management is ideal for already-working adults and non-traditional students, while a traditional degree in Management may be suitable for those who have yet to enter into a managerial role. Both degrees usually have special concentrations that allow a more in-depth study of a particular field. Students should meet with a career counselor to decide which specialization is right for them. Students interested in other cheap online options should look at our Most Affordable Online Colleges ranking.

How much money do people make with a degree in Management?

Because the study of management is so broad, the amount one makes will depend on the field, location, and company. According to Business Management Degree.net, some of the highest paying jobs are computer and information system managers, CEOs, medical and health services managers, human resources managers, and engineering managers.

What can you do with a degree in Management?

A degree in management prepares people to be in leadership roles in a variety of organizations. For example, general managers oversee various operations within a company. Management consultants are often contracted managers who assist companies in seasons of change. Project managers lead initiatives from start to finish, assigning tasks to certain departments and making sure the overall operation runs smoothly.

What are the requirements for a degree in Management?

There are no specific requirements in order to obtain a degree in Management, other than schools’ minimum GPA requirements in order to be selected for the major. Anyone is eligible to learn more about how they can be a more effective leader.

What are the most affordable Online Master’s in Management?

Below is a list of College Choice’s most affordable online master’s in Management. Schools were ranked using various data such as return on investment, average amount of financial aid given, projected starting salary, etc. All data was from the National Center for Education Statistics’ IPEDS database, Payscale, the U.S. News & World Report, and individual college websites.

Ranking

See our rankings methodology page.

#1 Most Affordable Online Master’s In Management Degrees

City University of New York

  • New York, NY
  • 4 years
  • Campus

City University of New York delivers one of the nation’s top-ranked online management master's programs to students around the country. This degree provides learners with advanced knowledge and training required for many higher-level job opportunities in the field. The MS in business management and leadership gives graduates the credential they need to pursue a terminal degree like a doctorate.

The school designs the management program to be delivered using an established online format, a big draw for many learners. Students can fit in other responsibilities such as work, caregiving, and family life because of the program’s flexibility. Enrollees tend to do better in educational environments such as this, where personalized learning is emphasized and faculty support is available to all.

For consideration, applicants need a bachelor’s unless otherwise stated. Popular funding streams for those who qualify include loans and scholarships.

Average Tuition
In-state
Not provided
Out-of-state
Not provided
Retention Rate
Not provided
Admission Rate
Not provided
Students Enrolled
Not provided
Institution Type
Public
Percent Online Enrollment
Not provided
Accreditation
No

#2 Most Affordable Online Master’s In Management Degrees

Texas A&M University-Commerce

  • Commerce, TX
  • 4 years
  • Online + Campus

At Texas A&M University-Commerce, prospective business management graduate students receive advanced preparation in degrees designed for busy learners.The master's in management is one of the top-ranked programs that attracts remote learners, who can choose from 26 online master's programs at the school. This adaptable degree opportunity makes graduate education accessible to caretakers, full-time workers, and anyone unable to relocate for school.

Unless otherwise stated, a bachelor’s degree in the major or the equivalent is usually required for admission. The potential job opportunities and higher pay make the MS in management program a worthy pursuit for many people. The program also prepares the holder for a terminal degree such as a Ph.D.

Students living in Texas pay an average of $3,630 in in-state tuition per year, or $11,232 if they live elsewhere. Learners can contact the financial aid department to find out more about if they qualify for grants and scholarships. Another source of financial aid is loans, which students can pursue from the government or private banks.

Average Tuition
In-state
$4,790
Out-of-state
$17,460
Retention Rate
63%
Admission Rate
43%
Students Enrolled
12,109
Institution Type
Public
Percent Online Enrollment
65% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#3 Most Affordable Online Master’s In Management Degrees

Bellevue University

  • Bellevue, NE
  • 4 years
  • Online + Campus

Business management students can pursue an online master of project management degree that ranks highly among master's programs in the field. The master's program prepares learners for higher-level work in the management field than a bachelor's degree typically allows. A terminal degree like a doctorate is the next stop for some holders of a master of project management.

This school’s online format attracts people who see the appeal of remote learning. Students can fit in other responsibilities such as work, caregiving, and family life because of the program’s flexibility. The school ensures that enrollees receive the personalized attention they need whether they study in person or online.

Unless otherwise stated, applicants need a bachelor’s to apply to this program. If accepted, students in Nebraska can expect to pay around $10,530 per year before applying grants, loans, and scholarships.

Average Tuition
In-state
$7,176
Out-of-state
$7,176
Retention Rate
78%
Admission Rate
Not provided
Students Enrolled
11,637
Institution Type
Private
Percent Online Enrollment
95% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#4 Most Affordable Online Master’s In Management Degrees

American Public University

  • Charles Town, WV
  • 4 years
  • Online

American Public University offers business management students an online master of arts in management that is a top-ranked program in its class. Learners pursue this degree to build on prior knowledge attained in a bachelor’s program, training specifically related to the field. If they choose, graduates with a master's in management can also pursue a doctorate later on.

The school invests in an online platform that prioritizes user-friendliness and efficiency. This flexibility gives students more control over their schedules and makes it easier to juggle multiple priorities. Another benefit is the support that enrollees receive from faculty and services such as career advising to help enrollees plan their future.

It is to be expected that applicants will need a bachelor’s to apply to this program. Once accepted, students will pay $6,615 per year in in-state tuition, with grants, loans, and scholarships popular funding streams for those who qualify.

Average Tuition
In-state
$6,804
Out-of-state
$6,804
Retention Rate
87%
Admission Rate
Not provided
Students Enrolled
45,249
Institution Type
Private
Percent Online Enrollment
Not provided
Accreditation
Yes Higher Learning Commission

#5 Most Affordable Online Master’s In Management Degrees

Minot State University

  • Minot, ND
  • 4 years
  • Online + Campus

Minot State University administers a number of quality online graduate programs. A notable option is the master of science in management, developed for learners with a bachelor’s in business management. The program blends academic rigor and online course delivery that is flexible and affordable.

The 11-to-1 student-to-teacher ratio is a big draw for management students who want more individualized attention and faculty mentorship opportunities. Learners complete a strong curriculum in business management delivered by faculty with industry expertise. The MS program prepares graduates with the academic training necessary to succeed in a competitive workforce or a doctoral program.

The institution charges students $8,049 in tuition per year, regardless of residency. Many learners at the institution qualify for grants and scholarships to help reduce the price of tuition. Another popular way to finance their education is to take out a student loan, a type of funding used by about 36% of learners at the school.

Average Tuition
In-state
$6,088
Out-of-state
$6,088
Retention Rate
72%
Admission Rate
67%
Students Enrolled
3,125
Institution Type
Public
Percent Online Enrollment
42% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#6 Most Affordable Online Master’s In Management Degrees

Thomas Edison State University

  • Trenton, NJ
  • 4 years
  • Online

At Thomas Edison State University, degree-seekers can choose from a variety of online graduate programs. The MS in management has a lot of the qualities people with a bachelor’s in business management need to advance their education in this field. The degree provides the rigorous education expected from a graduate program using a flexible online format.

Students in the MS in management program receive individualized attention with a 15-to-1 student-to-teacher ratio. The curriculum immerses learners in advanced knowledge and training in business management. This academic preparation is a prerequisite for higher-level careers in business and industry or a doctoral program in some cases.

Affordability is a top issue, and the school charges New Jersey residents and out-of-state learners $12,024 per year. Many degree-seekers reduce this bill with grants and scholarships from the school and third parties.When you add in student loans, used by about 20% of enrollees, there are plenty of ways to finance all or part of a program.

Average Tuition
In-state
$7,926
Out-of-state
$9,856
Retention Rate
Not provided
Admission Rate
Not provided
Students Enrolled
10,227
Institution Type
Public
Percent Online Enrollment
100% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#7 Most Affordable Online Master’s In Management Degrees

Southeast Missouri State University

  • Cape Girardeau, MO
  • 4 years
  • Online + Campus

Southeast Missouri State University, a public college located in Cape Girardeau, specializes in rigorous programs that meet the diverse needs of today's learners. A leader in online graduate education, the school offers 13 remote master's programs. One of these is the MS in management for business management degree-seekers.

Online education's flexibility and adaptability make it an attractive choice for many graduate students. Professionals, caretakers, and other busy enrollees can attend virtual sessions and complete assignments at convenient times. Students receive the rigorous academic preparation they expect without sacrificing quality.

The admittance rate is 86% per year overall, but applicants may be accepted at varying rates for different programs. The requisite background for entry into a master’s program is usually a bachelor’s degree and other requirements. The department can provide more application information, such as what documents to submit and how to do that.

Average Tuition
In-state
$6,606
Out-of-state
$12,636
Retention Rate
75%
Admission Rate
86%
Students Enrolled
10,637
Institution Type
Public
Percent Online Enrollment
52% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#8 Most Affordable Online Master’s In Management Degrees

Tarleton State University

  • Stephenville, TX
  • 4 years
  • Online + Campus

The online master of science in management at Tarleton State University is one of the nation’s top-ranked programs for business management students. This degree provides learners with advanced knowledge and training required for many higher-level job opportunities in the field. Those who complete the master's in management can also choose to pursue a terminal degree, such as a Ph.D.

The convenient online format makes this program an especially good choice for many. Students can fit in other responsibilities such as work, caregiving, and family life because of the program’s flexibility. The school ensures that enrollees receive the personalized attention they need whether they study in person or online.

For consideration, applicants usually need to have a bachelor's degree. The admission rate is an average of 56% of applicants. Students can expect to pay about $4,137 per year for tuition if they live in Texas and can use grants, loans, and scholarships to help fund their education.

Average Tuition
In-state
$4,526
Out-of-state
$14,296
Retention Rate
65%
Admission Rate
56%
Students Enrolled
13,166
Institution Type
Public
Percent Online Enrollment
54% Percentage of all students who are enrolled online.
Accreditation
Yes Southern Association of Colleges and Schools Commission on Colleges

#9 Most Affordable Online Master’s In Management Degrees

University of Maryland Global Campus

  • Adelphi, MD
  • 4 years
  • Online

The University of Maryland Global Campus’s online graduate programs emphasize quality and affordability. The master's in accounting and financial management is one of those degrees, designed for degree-holders with a bachelor’s in business management or a related field. This program emphasizes rigorous academics and a flexible learning format.

Students in the master's in accounting and financial management study in classes with a 19-to-1 student-to-teacher ratio that is conducive to personalized learning. The biggest attraction is the educational attainment acquired when learners complete a rigorous curriculum delivered by business management experts. The master's program prepares graduates with the academic training necessary to succeed in a competitive workforce or a doctoral program.

Paying for college is a top issue. Maryland students can expect to pay $8,640 per year, and out-of-state students pay $11,862. The financial aid department can explore aid opportunities with degree-seekers, and the funding options may include scholarships and grants. When you add in student loans, used by about 19% of enrollees, there are plenty of ways to finance all or part of a program.

Average Tuition
In-state
$7,200
Out-of-state
$11,976
Retention Rate
52%
Admission Rate
Not provided
Students Enrolled
58,281
Institution Type
Public
Percent Online Enrollment
90% Percentage of all students who are enrolled online.
Accreditation
Yes Middle States Commission on Higher Education

#10 Most Affordable Online Master’s In Management Degrees

University of Colorado Denver

  • Denver, CO
  • 4 years
  • Online + Campus

The University of Colorado Denver is home to a number of quality online graduate programs. The MS in finance and risk management may be of particular interest to holders of a bachelor’s in business management. The degree provides the rigorous education expected from a graduate program using a flexible online format.

The benefits of a 17-to-1 student-to-teacher ratio that finance and risk management students enjoy include individualized attention, more room to collaborate, and faculty mentorship opportunities. Learners in the program complete specialized coursework and training focusing on advanced ideas and practices in business management. This higher-level academic preparation is a prerequisite for career advancement or a doctoral program in this field and related ones.

Colorado students enrolled in the program pay a yearly average of $6,786, while those who reside elsewhere pay $22,590. Financial aid such as grants and scholarships helps many degree-seekers afford their education. Student loans are another option, and about 28% of enrollees use this popular funding stream to afford their education.

Average Tuition
In-state
$7,920
Out-of-state
$24,408
Retention Rate
70%
Admission Rate
67%
Students Enrolled
24,910
Institution Type
Public
Percent Online Enrollment
31% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#11 Most Affordable Online Master’s In Management Degrees

Indiana University Bloomington

  • Bloomington, IN
  • 4 years
  • Online + Campus

Indiana University Bloomington’s master of science in management ranks highly among similar programs and should be of particular interest to learners wanting to study online. Degree-seekers acquire advanced skills that employers want in middle- to high-level professionals. The master's program provides preparation for a terminal degree such as a Ph.D.

People see the appeal of remote learning, and that is a draw for the school. Students report being able to continue their careers and engage in family life without sacrificing a master’s degree. No matter if enrollees study remotely or on campus, they benefit from a supportive learning environment that includes faculty and community support.

Unless otherwise stated, applicants need a bachelor’s to apply to this program. People applying to this school get accepted at a rate of 78%. Degree-seekers can use financial aid such as loans and grants to pay the annual tuition, which is approximately $9,501 for Indiana residents.

Average Tuition
In-state
$9,575
Out-of-state
$35,140
Retention Rate
90%
Admission Rate
78%
Students Enrolled
43,260
Institution Type
Public
Percent Online Enrollment
19% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#12 Most Affordable Online Master’s In Management Degrees

Michigan State University

  • East Lansing, MI
  • 4 years
  • Online + Campus

Michigan State University enrolls students in one of the nation’s best management programs for online degree-seekers. Learners acquire advanced skills that employers want in middle- to high-level professionals. Students earn this master's in management, strategy, and leadership so they can also pursue a doctorate later on if they choose.

The school designs the management program to be delivered using an established online format, a big draw for many learners. Students report being able to work and prioritize other obligations without sacrificing advanced education. Here it is not enough to emphasize academic rigor and flexibility. Support from faculty and the community plays an integral role in enrollees' academic development.

It is to be expected that applicants will need a bachelor’s to apply to this program. Those who apply can expect an acceptance rate of about 71%. Degree-seekers can use financial aid such as loans and grants to pay the annual tuition, which is approximately $18,858 for Michigan residents.

Average Tuition
In-state
$15,555
Out-of-state
$40,384
Retention Rate
91%
Admission Rate
71%
Students Enrolled
49,809
Institution Type
Public
Percent Online Enrollment
26% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#13 Most Affordable Online Master’s In Management Degrees

Harvard University

  • Cambridge, MA
  • 4 years
  • Campus

Harvard University is home to rigorous graduate programs, some available online. People with a bachelor’s in may want to explore the top-ranked master of liberal arts in management. Enrollees have more control over their schedules by completing the rigorous graduate curriculum remotely.

Students in the master's in management program receive more individualized attention with a 7-to-1 student-to-teacher ratio. Learners complete specialized coursework and training focused on advanced theoretical concepts and practices in management. By far the biggest benefit of this master’s is preparation for career advancement in this field and related ones, along with the foundational knowledge for a Ph.D.

Massachusetts students and out-of-state learners enrolled in the program pay a yearly average of $48,008. If they qualify, degree-seekers can use grants and scholarships to help fund their master’s. There are also student loans available, an option taken up by about 2% of enrollees at this institution.

Average Tuition
In-state
$47,730
Out-of-state
$47,730
Retention Rate
97%
Admission Rate
5%
Students Enrolled
31,655
Institution Type
Private
Percent Online Enrollment
18% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#14 Most Affordable Online Master’s In Management Degrees

Purdue University Global

  • West Lafayette, IN
  • 4 years
  • Online

Purdue University Global, a public college, develops programs that provide a unique learning experience requiring little to no attendance on the West Lafayette, Indiana, campus. A leader in online graduate education, the school offers 29 remote master's programs. Among the options is the master of science in management and leadership for students in business management.

Graduate students can achieve their academic goals while attending to busy lives when they enroll in the master's program. Caretakers, professionals, and other busy enrollees may immediately see how they can balance work, family, and their education. Students receive the rigorous academic preparation they expect without sacrificing quality.

Master's degree-seekers usually need to have a bachelor's degree in the same or a similar field in order to receive consideration. All of the application details are available on the program web page or from the admissions department.

Average Tuition
In-state
$7,920
Out-of-state
$13,356
Retention Rate
100%
Admission Rate
Not provided
Students Enrolled
38,138
Institution Type
Public
Percent Online Enrollment
99% Percentage of all students who are enrolled online.
Accreditation
Yes Higher Learning Commission

#15 Most Affordable Online Master’s In Management Degrees

Colorado State University Global Campus

  • Aurora, CO
  • 4 years
  • Online

Colorado State University Global Campus delivers one of the nation’s top-ranked online MS in management programs to business management students around the country. Learners receive the advanced training employers expect from highly skilled professionals. The MS in management provides preparation for a terminal degree such as a Ph.D.

The school’s online format is a big draw for students who have a lot to accomplish and need adaptability. The program is built to accommodate busy students such as those who work and have pressing family obligations. No matter if enrollees study remotely or on campus, they benefit from a supportive learning environment that includes faculty and community support.

The school typically requires that master’s degree-seekers hold a bachelor’s degree to apply. The school accepts around 99% of all who apply, though different programs have different averages. Degree-seekers can use financial aid such as loans and grants to pay the annual tuition, which is approximately $9,000 for Colorado residents.

Average Tuition
In-state
$8,400
Out-of-state
$8,400
Retention Rate
Not provided
Admission Rate
99%
Students Enrolled
12,670
Institution Type
Public
Percent Online Enrollment
Not provided
Accreditation
Yes Higher Learning Commission

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