In this article, we profile the top 30 most affordable online MBA in entrepreneurship degree programs.
Entrepreneurship plays a critical role in the growth of the U.S. economy. Entrepreneurs open small businesses, work with shareholders, and advance business operations in existing organizations. To qualify for a career, specifically a leadership role, in business and entrepreneurship, an MBA is often required. Specializing in entrepreneurship will provide an advanced understanding of how businesses operate and thrive.
Top 30 Most Affordable MBA in Entrepreneurship Online Degree Programs Methodology
We looked at over 150 colleges and universities listed by the National Center for Educational Statistics (NCES) College Navigator that offered MBA in entrepreneurship online degree programs. We narrowed our original pool of schools by selecting programs that were regionally or nationally accredited by a reputable accrediting agency. We then applied the following criteria: At least one online completion pathway toward an MBA in entrepreneurship, school or program rankings with a major publication like U.S. News and World Report, as well as annual graduate tuition and fees less than $25,000. We then listed the top 30 programs according to raw affordability.
Below is our list of the top 30 most affordable online MBA in entrepreneurship degree programs.
#30 – Northeastern University
Online MBA in Innovation Entrepreneurship
Boston, Massachusetts
Graduate Tuition/Fees: $24,309
Northeastern University offers an MBA in entrepreneurship online through its D’Amore-McKim School of Business. The program is accredited by the Association to Advance Collegiate Schools of Business and offers classes such as creating and sustaining customer markets, financial statement preparation and analysis, global competition and market dominance, and value creation through financial decision-making. Admission components include undergraduate degree, 3.0 minimum GPA, transcripts, five years of relevant management/leadership experience, resume, two letters of support, and GMAT scores (those with less than five years of leadership). Northeastern University is ranked #44 in national universities and #77 in best online MBA programs by U.S. News and World Report.
#29 – Pennsylvania State University
Online MBA in Corporate Innovation and Entrepreneurship
University Park, Pennsylvania
Graduate Tuition/Fees: $21,772
Penn State University offers an online MBA in entrepreneurship through its nationally ranked Smeal College of Business. The program focuses on innovation and entrepreneurial skills and knowledge needed to compete in a fast-moving global economy. Featured courses include data analysis for decision making, ethical and responsible business leadership, leadership communication and change management, and managing and leading in organizations. Entrepreneurial courses include business modeling and new venture creation and corporate innovation strategies and entrepreneurial methods. Penn State University is ranked #59 in national universities and #31 in best business schools by U.S. News and World Report for its 2019 rankings.
#28 – Nova Southeastern University
Online MBA in Entrepreneurship
Fort Lauderdale, Florida
Graduate Tuition/Fees: $20,620
Nova Southeastern University’s online entrepreneurship MBA provides rigorous coursework with the convenience of flexible content delivery. The program consists of 40-49 credits and can be completed in as little as 21 months. Students without an academic background in business may need to complete introduction to accounting, business finance, and foundations of business statistics before being admitted to the program. Students can take these courses at Nova or receive transfer credit upon approval. Courses may include entrepreneurship finance, entrepreneurship law, international trade for entrepreneurs, and social media marketing. Nova Southeastern is ranked #191 in national universities by U.S. News and World Report.
#27 – California Lutheran University
Online MBA in Enterprise Innovation and Entrepreneurship
Thousand Oaks, California
Graduate Tuition/Fees: $19,215
California Lutheran University’s MBA in entrepreneurship online provides professionals with a graduate business degree specializing in innovation within the context of the start-up industry. The program allows students to learn business innovation through business incubation and business model development where real world concepts collide with business theory. Courses include agile product development, entrepreneurial finance, entrepreneurial marketing and selling, growth state venture management, and special topics of entrepreneurial management. The 45-credit program is delivered entirely online, with students completing the degree within 12-24 months on average. Cal Lutheran is ranked #15 in regional universities West by U.S. News and World Report.
#26 – Benedictine University
Online MBA in Entrepreneurship and Managing Innovation
Lisle, Illinois
Graduate Tuition/Fees: $18,986
Benedictine University offers an online MBA in entrepreneurship designed to provide flexibility for working students who seek a rigorous graduate education from an accredited institution. The program’s pedagogical focus is helping students develop knowledge and skills to create and manage entrepreneurial ventures. Students learn concepts that can be applied to several different business contexts and situations. Courses may include creativity and innovation in business, entrepreneurship, and financing new ventures. The program is fully online, allowing students the flexibility to complete their coursework on their own schedule. Students earn the same degree as their on-campus counterparts. Benedictine in ranked #221 in national universities by U.S. News and World Report.
#25 – Southern New Hampshire University
Online MBA in Entrepreneurship
Manchester, New Hampshire
Graduate Tuition/Fees: $18,810
Southern New Hampshire University provides an online entrepreneurship degree accredited by the Accreditation Council for Business Schools and Programs (ACBSP) and ranked as one of the most affordable in the industry. Southern New Hampshire is accredited by the New England Commission of Higher Education to confer the degree of Master’s in Business Administration. The degree is delivered entirely online and can be completed in as little as 15 months taking two courses per ten-week term. Southern New Hampshire University is ranked #112 in regional universities North and #1 in innovation by U.S. News and World Report for its 2019 ranking cohort.
#24 – Samford University
Online MBA in Entrepreneurship
Birmingham, Alabama
Graduate Tuition/Fees: $17,865
Samford University offers an online entrepreneurship MBA from its Brock School of Business. The degree is designed to give working professionals a competitive advantage whether they own their own small business, aspire to establish a start-up, or work in a traditional business environment such as an organization. The program includes 39-48 credits with classes such as accounting for decision-making, economics of competitive strategy, financial accounting for managers, foundations of economics and statistics, and MIS and communications technology. Samford University is ranked #4 in regional universities South, #7 in most innovative schools, and #90 in best online MBA programs by U.S. News and World Report.
#23 – Lindenwood University
Online MBA in Entrepreneurial Studies
Saint Charles, Missouri
Graduate Tuition/Fees: $17,600
Lindenwood University offers an MBA in entrepreneurship online for students seeking the convenience of a distance learning education and the rigorous coursework from a nationally ranked institution. The curriculum focuses on assisting students to learn how to create and manage their own venture or to manage a new project within a larger organizational ecosystem. Courses may include advertising and promotional strategy, marketing strategy and management, personal selling and sales management, and strategic human resource management. Lindenwood University is ranked #230 in national universities and #153 in best online MBA programs by U.S. News and World Report for its 2019 rankings.
#22 – Azusa Pacific University
Online MBA in Entrepreneurship
Azusa, California
Graduate Tuition/Fees: $17,362
Azusa Pacific University offers an affordable online MBA in entrepreneurship designed to be completed in 15-30 months. Students typically take 1-2 courses per term but can stretch out the time to completion to up to five years. The program is housed within the APU School of Business Management, which operates a year-round schedule divided into 8-week terms. Courses within the entrepreneurial concentration may include entrepreneurial decision-making, entrepreneurial venture analysis, global field study, and new venture creation. Admission is based upon student’s academic transcript, resume, undergraduate GPA, application essay, and GMAT score. GMAT waivers are available for students with certain qualifications. U.S. News and World Report ranks Azusa Pacific #205 in national universities.
#21 – University of Illinois
Online MBA in Entrepreneurship
Chicago, Illinois
Graduate Tuition/Fees: $16,792
The University of Illinois offers a flexible online entrepreneurship degree through its UIC Business Liautaud Graduate School. The entrepreneurship concentration features courses such as business models for technology ventures, entrepreneurial electronic commerce, and social entrepreneurship startup launch. The program is comprised of 54 credits divided into 26 credits of core courses and 28 elective credits. The program is delivered entirely online, making it a convenient and plausible option for working adults with outside commitments. Many graduates go on to launch their own companies or manage new ventures within a larger organizational ecosystem. University of Illinois is ranked #129 in national universities by U.S. News and World Report.
#20 – California University of Pennsylvania
Online MBA in Entrepreneurship
California, Pennsylvania
Graduate Tuition/Fees: $16,672
California University of Pennsylvania offers an online entrepreneurship degree focusing on innovation and business agility within several different contexts including start-ups, new corporate ventures, and more. The program can be completed in just 12 months with full-time attendance or 24 months attending part-time. The program is accredited by the Accreditation Council for Business Schools and Programs. Admission requirements include a 3.0 minimum undergraduate GPA, bachelor’s degree, and transcripts. Additionally, students need to have completed foundational courses in financial accounting, principles of microeconomics, business statistics, and college algebra. Students can receive transfer credit for these courses or may take them at California University of Pennsylvania. The institution is ranked #142 in regional universities North by U.S. News and World Report.
#19 – Regent University
Online MBA in Entrepreneurship
Virginia Beach, Virginia
Graduate Tuition/Fees: $16,179
Regent University offers an online entrepreneurship MBA accredited by the Accreditation Council for Business Schools and Programs. The admission process requires transcripts, professional resume, admission questionnaire, and bachelor’s degree from a regionally accredited institution. Courses may include entrepreneurial government contracting strategies, fundamentals of franchising, innovation and technological success, information research and resources, and operations and supply chain management. The degree combines knowledge and practitioner-based skills needed to thrive in a fast-paced business environment that requires agility, decision-making, and innovation. Graduates go on to own their own businesses or help drive innovation within organizations. Regent is ranked #201 in national universities by U.S. News and World Report.
#18 – University of Massachusetts
Online MBA in Entrepreneurship
Amherst, Massachusetts
Graduate Tuition/Fees: $15,782
University of Massachusetts at Amherst offers a top ranked MBA in entrepreneurship online for students interested in developing innovative thinking, creativity, and leadership within a fast-paced global economy where agility and decision-making are paramount to success. Students take nine credits in entrepreneurship courses that fit their interests and career trajectory. Featured entrepreneurship courses include business turnaround strategies, data management for business leaders, fundamentals of product marketing, and strategic management of technological innovation. The program is delivered through the Isenberg School of Management and is completely offered online. University of Massachusetts is ranked #70 in national universities by U.S. News and World Report.
#17 – Independence University
Online MBA in Entrepreneurship
Salt Lake City, Utah
Graduate Tuition/Fees: $15,616
Independence University’s online MBA in entrepreneurship provides working adults the opportunity to earn an accredited graduate business degree that teaches the fundamentals of what it means to be an entrepreneur and an innovator. Graduates go on to careers as entrepreneurs, business owners, management consultants, marketing directors, and more. The program is delivered entirely online and can be completed in just 15 months. Courses may include applications in economic analysis, current topics in entrepreneurial leadership, financial accounting for management, and financing the entrepreneurial venture. The practitioner based curriculum focuses on teaching students the actual skills and knowledge they will need to thrive in various business settings. What students learn one day can be applied in their careers or personal ventures immediately.
#16 – Strayer University
Online MBA in Digital Entrepreneurship
Washington, District of Columbia
Graduate Tuition/Fees: $14,985
Strayer University offers a unique and affordable online entrepreneurship degree accredited through the Accreditation Council for Business Schools and Programs. The institution is accredited by the Middle States Commission on Higher Education. The program has partnered with business executive Jon Steinberg, founder and CEO of Cheddar and former president of BuzzFeed media. The program allows real time interaction and discussion with classmates and professors discussing relevant business topics and complex case studies. Courses may include digital media business operations, high growth digital startup management, and technology and product management. The program’s innovative digital platform allows students to access and participate fully, all from their mobile devices.
#15 – Colorado Technical University
Online MBA in Entrepreneurship
Colorado Springs, Colorado
Graduate Tuition/Fees: $13,766
Colorado Technical University offers an online entrepreneurship MBA degree for working professionals. The flexibility of the 100% online degree allows students to pursue graduate level studies while maintaining personal obligations such as work, recreation, and family. Additionally, students with no local access to higher education can now pursue postsecondary education in their own community. The Colorado Tech degree is accredited by the Accreditation Council for Business Schools and Programs and features courses such as applied managerial decision-making, entrepreneurial business planning, leadership and ethical decision-making, and strategic management in dynamic environments. Colorado Tech is ranked #187 in best online MBA programs by U.S. News and World Report.
#14 – University of North Carolina
Online MBA in Entrepreneurship
Chapel Hill, North Carolina
Graduate Tuition/Fees: $12,212
The University of North Carolina Chapel Hill offers an online MBA in entrepreneurship from its top ranked Kenan-Flagler School of Business. The program features many outstanding alums including Hulu founder Jason Kilar, Uber executive Brent Callinicos, and Bundoo CEO Stephanie Winans. Suggested elective courses include innovation and entrepreneurship in developing economies, leading in the middle, new ventures discovery, and technology strategy and business innovation. Students receive the same education as their on-campus counterparts and are taught by the same award winning and industry leading faculty members. University of North Carolina is ranked #30 in national universities and #1 in best online MBA programs by U.S. News and World Report.
#13 – Endicott College
Online MBA in Entrepreneurship
Beverly, Massachusetts
Graduate Tuition/Fees: $12,191
Endicott College offers one of the top affordable and accredited MBA in entrepreneurship online degrees in the industry. Housed within the Van Loan School of Business, the program features courses such as accounting from a manager’s perspective, business policy and strategy, entrepreneurial venture finance, financial markets and institutions, and investment analysis and portfolio management. The program consists of 42 credits and can be completed entirely online. Endicott College does not require GMAT or GRE scores to apply for admission. Endicott College is ranked #25 in regional universities North and #11 in most innovative schools by U.S. News and World Report for the 2019 rankings.
#12 – National Louis University
Online MBA in Entrepreneurship
Chicago, Illinois
Graduate Tuition/Fees: $12,096
National Louis University’s affordable online entrepreneurship degree is offered fully online and is designed for today’s busy working adult seeking to attend graduate school while maintaining their current obligations. The program focuses on innovation and leadership development within a business environment. Students learn critical skills and knowledge allowing them to create and develop their own ventures or to work as creators and developers within an organization. Students also learn essential business functions in areas such as finance, marketing, accounting, and economics. The program accepts students from all academic backgrounds. National Louis University ranks #230 in national universities by U.S. News and World Report.
#11 – Brandman University
Online MBA in Entrepreneurship
Irvine, California
Graduate Tuition/Fees: $12,080
Brandman University’s online entrepreneurship MBA ranks as one of the top affordable degrees of its kind for working professionals seeking a graduate level business degree from an accredited institution. The program focuses on helping students develop key knowledge and skills in critical areas of business and leadership. Additionally, the entrepreneurship concentration helps students learn the required skills to create and develop new ventures. Courses may include business process analysis and innovation, business strategy and competitive advantage, data analysis for decision-making, financial reporting and analysis, and human resource foundations. U.S. News and World report ranks Brandman University #230 in national universities.
#10 – Messiah College
Online MBA in Social Entrepreneurship
Mechanicsburg, Pennsylvania
Graduate Tuition/Fees: $12,060
Messiah College’s online MBA in entrepreneurship focuses on teaching students how to create and develop socially responsible business ventures that create both profit and responsible organizations designed to help communities thrive. The 36-credit program features eight six-week courses fully online. The program is designed to be completed in just two years. Core classes focus on key business functions such as accounting, economics, marketing, research and development, and management – all within the context of an entrepreneurial context. Courses include business strategy and execution, decision-making with data, global business and economic development, and social business modeling. Messiah is ranked #5 in regional colleges North by U.S. News and World Report.
#9 – Bellevue University
Online MBA in Entrepreneurship
Bellevue, Nebraska
Graduate Tuition/Fees: $11,025
Bellevue University offers an affordable online entrepreneurship degree to teach students to create, launch, and scale new ventures. The 36-credit program is delivered entirely online, making it an excellent choice for working professionals unable to take courses in a traditional setting. Thirty of the credits must be taken at Bellevue University to earn the Bellevue degree. The online Bellevue MBA is the same degree program that on-campus students experience, with classes taught by the same qualified faculty. Courses may include family business and self-employment, entrepreneurial finance, entrepreneurship and business plan development, and small business operation. U.S. News and World Report ranks Bellevue #114 in best online graduate business programs.
#8 – Cedarville University
Online MBA in Innovation and Entrepreneurship
Cedarville, Ohio
Graduate Tuition/Fees: $9,594
Cedarville University offers a Christ-centered online entrepreneurship degree that ranks as one of the most affordable in the industry. The program teaches core business fundamentals along with entrepreneurial content needed to create and launch new business endeavors on an individual and organizational basis. The program is taught by the same on-campus faculty in collaboration with the renowned International Center for Creativity located in Columbus, Ohio. The program is accredited by the Accreditation Council for Business Schools and Programs. Cedarville University is ranked #12 in regional colleges Midwest and #168 in best online MBA programs by U.S. News and World Report.
#7 – Concordia University
Online MBA in Entrepreneurship
River Forest, Illinois
Graduate Tuition/Fees: $9,180
Concordia University offers an online entrepreneurship MBA program designed for working adults to be able to attend graduate school while keeping their commitments such as work and family. The entrepreneurship degree prepares students to be innovative thinkers and agile business people with the ability to launch new business ventures or products and services within a larger organization. The skills and knowledge taught in the program parlay well to a variety of contexts. Entrepreneurship courses include business plan for entrepreneurial opportunity, digital planning and strategy, new venture opportunity scan, pivots on the problem, and prototyping and co-designing solutions. Concordia is ranked #72 in regional universities Midwest by U.S. News and World Report.
#6 – University of West Florida
Online MBA in Entrepreneurship
Pensacola, Florida
Graduate Tuition/Fees: $9,062
The University of West Florida’s MBA in entrepreneurship online ranks as one of the most affordable in the industry. The program is delivered entirely online, making it a strong consideration for busy individuals. Eligibility includes bachelor’s degree from a regionally accredited institution, transcripts, 3.0 minimum GPA or 2.75 with eight or more years of experience, two letters of recommendation, resume, GMAT scores, and business course academic preparation. GMAT scores can be waived under certain criteria. Courses may include accounting aspects of business policy determination, advanced managerial economics, small business management consulting, and strategic management policy formulation. U.S. News and World Report ranks West Florida #230 in national universities.
#5 – University of Arkansas
Online MBA in Innovation and Entrepreneurship
Fayetteville, Arkansas
Graduate Tuition/Fees: $8,612
The University of Arkansas offers a very affordable online MBA in entrepreneurship through its Sam M. Walton College of Business. The program is primarily online and does include weekend class instruction on the Fayetteville campus once per month. The 38-credit program can be completed in just 24 months, making it an affordable and efficient choice for potential graduate students. The program is tailored for individuals currently working as executives or managers. The program is accredited by the Association to Advance Collegiate Schools of Business and includes courses such as analytics and visualization, economics of management and strategy, financial statement analysis for executives, and leadership and managing behavior in organizations. U.S. News and World Report ranks Arkansas #152 in national universities.
#4 – Post University
Online MBA in Entrepreneurship
Waterbury, Connecticut
Graduate Tuition/Fees: $7,700
Post University’s online entrepreneurship MBA teaches students to think in an entrepreneurial fashion that drives innovation, decision-making, scalability, and more. The program is appropriate for current or aspiring entrepreneurs or individuals working in small or large organizations. Courses include acquisitions in new business formation, financial tools for managing innovation, organizational dynamics and effectiveness, and strategic integrated marketing communications. Post University is accredited by the New England Commission on Higher Education. The business program is accredited by the Accreditation Council for Business Schools and Programs. U.S. News and World Report ranks Post University #142 in regional universities North and #150 in best online MBA programs.
#3 – University of Houston
Online MBA in Entrepreneurship
Victoria, Texas
Graduate Tuition/Fees: $7,559
The University of Houston’s MBA in entrepreneurship online ranks as one of the most affordable degree programs of its kind. The program is designed for working adults seeking a distance education from a regionally accredited institution. Admission requirements include a bachelor’s degree from an accredited school with a 2.5 minimum GPA and GMAT score of 450 or GRE combined score of 292. Candidates with 3.0 minimum GPA and two years of relevant work experience may apply for a test score waiver. Courses include business and society in the international environment, financial reporting and analysis, international operations and supply chain management, and management information systems and data analytics. U.S. News and World Report ranks University of Houston Victoria #96 in regional universities West.
#2 – American Military University
Online MBA in Entrepreneurship
Charles Town, West Virginia
Graduate Tuition/Fees: $6,600
American Military University offers an affordable and flexible online MBA in entrepreneurship for working adults seeking to leverage a graduate business degree into expanded career opportunities. The program welcomes applicants from all academic backgrounds. Students with non-business academic backgrounds may be required to take up to three foundational courses in management, management analysis, and quantitative analysis. Applicants must have a bachelor’s degree from an institution recognized by the Council for Higher Education Accreditation. Courses may include applied decision making, global management perspective, legal and ethical issues in management, and marketing management. The program is accredited by the Accreditation Council for Business Schools and Programs.
#1 – Southeastern Oklahoma State University
Online MBA in Entrepreneurship
Durant, Oklahoma
Graduate Tuition/Fees: $5,022
Southeastern Oklahoma State University’s MBA in entrepreneurship online ranks as one of the top in affordability for programs of its kind. The degree is delivered entirely online and includes courses such as accounting for managers, data analysis for managers, entrepreneurship and new venture management, principle centered leadership and ethics, and research methods. The 36-credit degree program is not only affordable, but also efficient. Students can complete the degree in its entirety in as few as 12 months. Southeastern Oklahoma State University is ranked #96 in regional universities West and #458 in best business programs by U.S. News and World Report for its 2019 rankings.
BCO Staff
April 2019