I am interested in a low cost online AACSB accredited MBA program.

I am interested in a low cost online AACSB accredited MBA program.

I have a BS in mechanical engineering and I am currently employeed as a regional service manger manager for a large construction company specializing in commercial and large residential projects.

The purpose of the advanced degree is for self improvement (I am not looking to marketing myself to a future 500 company.)

I am 49 with two kids off to college within the next couple of years and cost is a major factor.

I started to do a little research and it seems that South Dakota and North Dakota have the least expensive AACSB programs.

I also see the Memphis U has a new program ready to launch this fall.

Any comments or additional thoughts would be appreciated.

Mike

 

How much are you willing to spend? I know you said cost is a factor, but if we know what you're willing to invest we can make recommendations that are more in line with your needs/requirements.

 

Potential Options

The following list would be a great place to start for your research:

Best Buy Online MBA AACSB Accredited | Ratings & Rankings | GetEducated.com

Another factor for you will be the fact that your bachelors degree is not in a business-related field. As a result, most (if not all) AACSB MBA programs will require you to take business prerequisite courses, which will add to the cost of the degree. Depending on the program, you may have numerous options to satisfy the prerequisites: challenge exams or CLEP exams (cheap), undergraduate courses (may or may not be cheap) or graduate courses (more expensive). For example, the University of North Dakota (UND) will allow you to write a challenge exam (I think you would only have to buy the textbook) or use CLEP exams.

Good luck!

Michael Weedon, CA

 

One advantage of U of Memphis is that no prerequisites are required.

 

Thank you.

Can anyone provide feedback regading the online MBA program at University of North or South Dakota?

 

I would look at the program at East Carolina University. I have several high school friends that went to school there and all say good things. It's less than both North- and South Dakota and, in my opinion, it is a superior school.
Their claim to fame, other than an up and coming football team, is that Vince McMahon is an alum.
There is someone on the board doing a Finance certificate through them and speaks highly of that program and he did his MBA at Duke (one of the premiere MBA programs in the country). I think that speaks volumes about ECU's quality.

 

Not sure. My buddy did his undergrad there and did the MBA program while working back home in Charleston, South Carolina and he paid right around $10k. ECU is in North Carolina. Maybe they gave him a lower rate because he was an alum or they have an arrangement with SC residents? Something to look into.