23 Jun, 2021 12:57 PM

What is best option for a low cost MBA?


See Answer 10 Add Answers
23 Jun, 2021 12:58 PM

well, i don't know that you're going to find a 'low cost' MBA anywhere. supply and demand, supply and demand! the demand for these programs has both increased the number of institutions offering them and the cost per program.

when i went for my MBA, i didn't want to drive an hour an a half two nights a week to the nearest big city that had a program. at the time the University of Phoenix Online Program was the only ACCREDITED distance learning program around. i signed up for it, bought myself a 'screaming' 2400 baud modem and earned my MBA at home over the next two years. I think its a good program--or it was at the time anyway and that was 14 years ago.

Good luck!

23 Jun, 2021 12:58 PM

The best and most valuable MBA programs are expensive. If you're puzzled by this it will make sense after you have the MBA. It's worth it to go for a top-tier program, you could literally get a salary several times what you are likely to be offered after graduating from a cheap no-name program--so don't be afraid of the loan.

That said, the best deal is to go to a highly ranked state university. Check out the top ranked programs in state schools, move to that state and qualify for residency, and get your degree there. It will be most valuable in the region where you earned it, but if you go to a good enough school (such as University of California at Berkeley or LA)it will open doors for you to get a top job anywhere.

23 Jun, 2021 12:58 PM

TANSTAAFL - There Ain't No Such Thing As A Free Lunch.

You want an MBA for one of two reasons:

1) improve your life (better job, better network)
2) learn the skills

You can do #2 at almost any accredited business school.

You can only do #1 at a top b-school - and that's what most people get out of b-school - the people you meet. If not a top 10 program, at least a top 20. That means paying from $25K to $50K per year. If you can't see your MBA making you more money than that after you graduate, question your desire for an MBA.

Find the job you want, find which programs companies that have those jobs target for recruitment, and do what it takes to get into that program.

Good luck, and Go Bears!

23 Jun, 2021 12:59 PM

but there is alot of ethnic problems there at the moment at full tuition it will likely cost you about 8,000.00 and live on campus. if you can survive only on campus it will work but being racially different there at the moment isnt good,asian,blacks and hispanics are in dire straights at the moment otherwise you would likely have a blast also.
in a city of 20 million people there are all kinds and everything ro find to do including the shady sides of life also which in dangerous for anyone,nightclubs and restaurants abound with multitudes of things to do

23 Jun, 2021 12:59 PM

The lowest cost MBA program is the one that get you the best prospect of high income. Therefore the cheapest one in that regard is Harvard, if you can get in (and if you can, chances are it will be free if you can not pay).

I will not hire an MBA with crappy education from no name school. But I will hire someone Whith a brand name school and pay well - so their ability to pay back the student loans is there.

To be a real MBA is to think like one. Borrow to make the best product (yourself in a best MBA you can get yourself into) - then pay the loan from the high sales price you can get (your time is the product).