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Compare MBA (No GMAT) Programs

Most schools have rolling admissions and financial help so you can start your degree in a few weeks!

Compare MBA (No GMAT) Programs

Most schools have rolling admissions and financial help so you can start your degree in a few weeks!

If you’re considering pursuing an MBA degree but are concerned about the cost or the prospect of taking the GMAT, plenty of programs can accommodate your needs.

While many MBA programs require you to take the GMAT, it’s becoming increasingly common for universities to waive this requirement to make higher education more accessible to more people. With careful planning and a proactive approach, you can pursue an online MBA program without taking the GMAT and achieve your academic and career goals.

To help you get started, here’s an overview of the cheapest online MBA programs that don’t require GMAT scores.

How To Get Into an Online MBA Program

While the GMAT is often a requirement for admission into MBA programs, many schools have waived it, making admission more accessible for aspiring students. However, it’s important to note that these programs still have other admission requirements that applicants must fulfill.

Typical admissions requirements for online MBA programs include:

  • Bachelor’s degree: Most programs require applicants to hold a bachelor’s degree from an accredited institution. The field of study is often flexible, allowing applicants from diverse academic backgrounds to apply, but generally, it should be related to business or finance.
  • GPA requirements: Many schools have a minimum GPA requirement for admission. This requirement varies among institutions, but a competitive GPA is generally expected. Admissions committees consider the GPA to indicate an applicant’s academic preparedness and ability to handle the program’s rigor.
  • Work experience: Some online MBA programs prefer applicants with professional work experience, while others may not have strict requirements. Work experience can demonstrate practical skills, leadership abilities, and industry knowledge, enhancing the learning experience and contributing to a diverse cohort.
  • Letters of recommendation: Online MBA programs often require letters of recommendation from individuals who can attest to an applicant’s academic abilities, work ethic, and potential for success in the program. These letters should come from supervisors, professors, or professionals who know the applicant well. Strong letters of recommendation can provide insights into an applicant’s skills and achievements.

Some programs may also require a statement of purpose or a personal essay where applicants can explain their career goals, motivations for pursuing an MBA, and how the program aligns with their aspirations.

Another important note — some universities make submitting GMAT scores optional, meaning that you may be competing against other students who have submitted test scores for admission if you don’t submit test scores. As a result, if you haven’t or don’t plan on taking the GMAT, take your time to make sure the rest of your application materials are as good as they can be to improve your chances for admission.

By ensuring you meet these requirements and submitting a compelling application, you’ll be better positioned to get accepted into an online MBA program, even if it doesn’t require the GMAT.

How To Reduce the Cost of Your MBA Program

Attending an online MBA program can be a significant financial investment. Education-related expenses, from tuition and fees to books and supplies, can add up quickly.

In addition to attending an affordable online college, there are various things you can do to reduce the cost and make your education more affordable.

Find scholarship opportunities

Scholarships are a valuable resource for funding your MBA program. Several organizations and institutions offer scholarships specifically for MBA students. These scholarships help offset the cost of tuition and other expenses associated with pursuing an MBA degree.

Here are a few examples:

  • Forté Foundation Scholarships: The Forté Foundation offers scholarships for women pursuing MBA degrees. These scholarships aim to increase gender diversity in business education and support women in pursuing leadership roles in the business world.
  • The Consortium for Graduate Study in Management: This organization offers merit-based scholarships for underrepresented minorities pursuing MBA programs. The Consortium partners with prestigious business schools to provide these opportunities and promote diversity and inclusion in business education.
  • Military MBA: Military MBA offers scholarships to any U.S. resident who has an undergraduate degree and served in the military. These scholarships recognize the unique experiences and leadership qualities that veterans bring to the business world and support their transition into civilian careers.

Researching and identifying scholarship opportunities that align with your background, goals, and circumstances is important. Explore additional scholarships through your chosen MBA program, professional organizations, and external sources to maximize your chances of securing financial assistance.

Remember to apply for scholarships as early as possible, as scholarship funds are often limited.

Enroll full-time

While many online MBA programs offer flexible schedules to accommodate working professionals, it’s worth considering enrolling as a full-time student. Some schools provide lower tuition rates for full-time students compared to part-time students.

By dedicating yourself to full-time studies, you may complete the program more quickly and save on overall tuition costs. However, carefully considering your ability to balance the demands of full-time studies with your other commitments, such as work and family responsibilities, is essential.

Take advantage of work-study programs

Work-study programs offer an excellent opportunity to gain practical experience and earn income while pursuing your online MBA. These programs typically involve part-time work within the university or affiliated organizations. By participating in a work-study program, you can gain valuable insights, apply classroom knowledge to real-world situations, and establish professional connections. The compensation received can help offset the cost of tuition and living expenses, making your education more affordable.

It’s important to note that work-study opportunities may vary depending on the online MBA program and the resources available. Research your chosen program’s work-study options and explore how they can benefit your educational journey.

By implementing these strategies, you can significantly reduce the cost of your online MBA program and make your education more affordable. Remember to thoroughly research and compare different programs to find the one that aligns with your goals, budget, and preferred learning format.

How we rank schools

This list features some of the cheapest online MBA (no GMAT) programs in the country. Each school featured is a nonprofit, accredited institution — either public or private — with a high standard of academic quality for post-secondary institutions.

We evaluated each school’s program on tuition costs, admission, retention and graduation rates, faculty, and reputation. Then, we calculated the Intelligent Score on a scale of 0 to 100. Read more about our ranking methodology.

Next, we compared this comprehensive list of the cheapest online MBA (no GMAT) programs to a list of aggregated college rankings from reputable publications, such as U.S. News & World Report, to simplify a student’s college search. We pored through these rankings so students don’t have to.

Best 43 Cheapest Online MBA (No GMAT) Programs

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Sort by: Intelligent Score
#1
Chapel Hill, NC | 4 years | Online + Campus | Public

University of North Carolina at Chapel Hill

Intelligent Score: 99.46
Undergraduate Tuition

In-state: $7,019

Out-of-state: $34,198

Graduate Tuition

In-state: $10,552

Out-of-state: $10,552

Test scores

SAT: 1280-1490

ACT: 28-33

Retention Rate
95%
Admission Rate
25%
On-campus students
9%
Graduation Rate
91%
Students enrolled
30,000
Student to faculty ratio
13:01
Average Salary
$50k
Average Student Debt
$15k

ESTIMATED COST PER CREDIT

$2,026

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

62

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 888-986-2622

#2
Gainesville, FL | 4 years | Online + Campus | Public

University of Florida

Intelligent Score: 99.11
Undergraduate Tuition

In-state: $4,477

Out-of-state: $25,694

Graduate Tuition

In-state: $10,770

Out-of-state: $10,770

Test scores

SAT: 1290-1460

ACT: 29-33

Retention Rate
97%
Admission Rate
31%
On-campus students
8%
Graduation Rate
89%
Students enrolled
53,000
Student to faculty ratio
17:01
Average Salary
$48k
Average Student Debt
$16k

ESTIMATED COST PER CREDIT

$1,208 - $1,500

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

32-48

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 352-392-7992

#3
Fitchburg, MA | 4 years | Online + Campus | Public

Fitchburg State University

Intelligent Score: 98.75
Undergraduate Tuition

In-state: $970

Out-of-state: $7,050

Graduate Tuition

In-state: $3,420

Out-of-state: $3,420

Test scores

SAT: N/A

ACT: N/A

Retention Rate
77%
Admission Rate
88%
On-campus students
9%
Graduation Rate
58%
Students enrolled
7,000
Student to faculty ratio
14:01
Average Salary
$38k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

$436

DELIVERY FORMAT

Online

ACCREDITATION

International Accreditation Council for Business Education

REQUIRED CREDITS TO GRADUATE

30

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 978-665-3182

#4
Ashland, OH | 4 years | Online + Campus | Private

Ashland University

Intelligent Score: 98.33
Undergraduate Tuition

In-state: $22,000

Out-of-state: $22,000

Graduate Tuition

In-state: $6,444

Out-of-state: $6,444

Test scores

SAT: 1000-1208

ACT: 19-24

Retention Rate
77%
Admission Rate
74%
On-campus students
28%
Graduation Rate
62%
Students enrolled
4,000
Student to faculty ratio
16:01
Average Salary
$36k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

$1,010

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

30

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-882-1548 ext. 5738

#5
Anderson, SC | 4 years | Online + Campus | Private

Anderson University

Intelligent Score: 98.07
Undergraduate Tuition

In-state: $26,820

Out-of-state: $26,820

Graduate Tuition

In-state: $10,140

Out-of-state: $10,140

Test scores

SAT: N/A

ACT: N/A

Retention Rate
84%
Admission Rate
59%
On-campus students
40%
Graduation Rate
57%
Students enrolled
4,000
Student to faculty ratio
16:01
Average Salary
$31k
Average Student Debt
$27k

ESTIMATED COST PER CREDIT

$580

DELIVERY FORMAT

Online, Hybrid

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

45

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 864-231-2000

#6
Fort Collins, CO | 4 years | Online + Campus | Public

Colorado State University

Intelligent Score: 97.53
Undergraduate Tuition

In-state: $9,426

Out-of-state: $28,147

Graduate Tuition

In-state: $10,520

Out-of-state: $10,520

Test scores

SAT: 1070-1280

ACT: 23-29

Retention Rate
85%
Admission Rate
84%
On-campus students
15%
Graduation Rate
70%
Students enrolled
32,000
Student to faculty ratio
16:01
Average Salary
$40k
Average Student Debt
$21k

ESTIMATED COST PER CREDIT

$998

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

42

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-491-4622

#7
Durant, OK | 4 years | Online + Campus | Public

Southeastern Oklahoma State University

Intelligent Score: 93.27
Undergraduate Tuition

In-state: $6,240

Out-of-state: $14,880

Graduate Tuition

In-state: $4,716

Out-of-state: $4,716

Test scores

SAT: 880-1090

ACT: 17-23

Retention Rate
61%
Admission Rate
79%
On-campus students
9%
Graduation Rate
31%
Students enrolled
6,000
Student to faculty ratio
24:01:00
Average Salary
$34k
Average Student Debt
$18k

ESTIMATED COST PER CREDIT

$345

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

36

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 844-515-9100

#8
Canyon, TX | 4 years | Online + Campus | Public

West Texas A&M University

Intelligent Score: 93.01
Undergraduate Tuition

In-state: $5,748

Out-of-state: $7,195

Graduate Tuition

In-state: $4,968

Out-of-state: $4,968

Test scores

SAT: 920-1130

ACT: 18-23

Retention Rate
82%
Admission Rate
58%
On-campus students
22%
Graduation Rate
44%
Students enrolled
10,000
Student to faculty ratio
15:01
Average Salary
$39k
Average Student Debt
$20k

ESTIMATED COST PER CREDIT

$500

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

31

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 806-651-2500

#9
Williamsburg, VA | 4 years | Online + Campus | Public

William & Mary

Intelligent Score: 92.76
Undergraduate Tuition

In-state: $17,168

Out-of-state: $40,089

Graduate Tuition

In-state: $10,516

Out-of-state: $10,516

Test scores

SAT: 1300-1490

ACT: 30-34

Retention Rate
93%
Admission Rate
42%
On-campus students
6%
Graduation Rate
91%
Students enrolled
9,000
Student to faculty ratio
11:01
Average Salary
$47k
Average Student Debt
$19k

ESTIMATED COST PER CREDIT

$1,425

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

49

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 844-234-4075

#11
Boca Raton, FL | 4 years | Online + Campus | Public

Florida Atlantic University

Intelligent Score: 89.89
Undergraduate Tuition

In-state: $2,522

Out-of-state: $14,374

Graduate Tuition

In-state: $5,467

Out-of-state: $5,467

Test scores

SAT: 1060-1220

ACT: 21-26

Retention Rate
82%
Admission Rate
75%
On-campus students
3%
Graduation Rate
56%
Students enrolled
31,000
Student to faculty ratio
22:01
Average Salary
$39k
Average Student Debt
$18k

ESTIMATED COST PER CREDIT

$800

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

40-46

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 561-297-6000

#12
Murray, KY | 4 years | Online + Campus | Public

Murray State University

Intelligent Score: 89.51
Undergraduate Tuition

In-state: $7,968

Out-of-state: $17,148

Graduate Tuition

In-state: $7,981

Out-of-state: $7,981

Test scores

SAT: 1020-1230

ACT: 21-27

Retention Rate
81%
Admission Rate
77%
On-campus students
52%
Graduation Rate
53%
Students enrolled
9,000
Student to faculty ratio
17:01
Average Salary
$33k
Average Student Debt
$22k

ESTIMATED COST PER CREDIT

$565

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

30

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 866-906-0541

#13
Lincoln, NE | 4 years | Online + Campus | Public

University of Nebraska - Lincoln

Intelligent Score: 89.17
Undergraduate Tuition

In-state: $7,770

Out-of-state: $24,900

Graduate Tuition

In-state: $6,138

Out-of-state: $6,138

Test scores

SAT: 1110-1320

ACT: 22-28

Retention Rate
85%
Admission Rate
78%
On-campus students
33%
Graduation Rate
66%
Students enrolled
25,000
Student to faculty ratio
16:01
Average Salary
$40k
Average Student Debt
$21k

ESTIMATED COST PER CREDIT

$700

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

48

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 402-472-2338

#14
Longmeadow, MA | 4 years | Online | Private

Bay Path University

Intelligent Score: 88.04
Undergraduate Tuition

In-state: $35,781

Out-of-state: $35,781

Graduate Tuition

In-state: $19,235

Out-of-state: $19,235

Test scores

SAT: 940-1170

ACT: 23-31

Retention Rate
70%
Admission Rate
78%
On-campus students
N/A
Graduation Rate
60%
Students enrolled
3,000
Student to faculty ratio
12:01
Average Salary
$37k
Average Student Debt
$24k

ESTIMATED COST PER CREDIT

$855

DELIVERY FORMAT

Online, On-Campus

ACCREDITATION

New England Commission of Higher Education

REQUIRED CREDITS TO GRADUATE

30

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 413-565-1332

#15
Vermillion, SD | 4 years | Online + Campus | Public

University of South Dakota

Intelligent Score: 86.65
Undergraduate Tuition

In-state: $7,697

Out-of-state: $11,172

Graduate Tuition

In-state: $6,062

Out-of-state: $6,062

Test scores

SAT: 1000-1245

ACT: 20-25

Retention Rate
81%
Admission Rate
91%
On-campus students
37%
Graduation Rate
60%
Students enrolled
9,000
Student to faculty ratio
15:01
Average Salary
$37k
Average Student Debt
$24k

ESTIMATED COST PER CREDIT

$470

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

33

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 605-658-6140

#16
West Liberty, WV | 4 years | Online + Campus | Public

West Liberty University

Intelligent Score: 84.24
Undergraduate Tuition

In-state: $8,150

Out-of-state: $16,090

Graduate Tuition

In-state: $6,780

Out-of-state: $6,780

Test scores

SAT: 900-1120

ACT: 17-23

Retention Rate
73%
Admission Rate
68%
On-campus students
63%
Graduation Rate
53%
Students enrolled
2,000
Student to faculty ratio
11:01
Average Salary
$31k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

US: $510 International: $625

DELIVERY FORMAT

Online

ACCREDITATION

International Accreditation Council for Business Education

REQUIRED CREDITS TO GRADUATE

30

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 304-336-8076

#17
Saint Louis, MO | 4 years | Online + Campus | Private

Maryville University

Intelligent Score: 84.24
Undergraduate Tuition

In-state: $24,766

Out-of-state: $24,766

Graduate Tuition

In-state: $14,346

Out-of-state: $14,346

Test scores

SAT: N/A

ACT: N/A

Retention Rate
83%
Admission Rate
95%
On-campus students
17%
Graduation Rate
75%
Students enrolled
11,000
Student to faculty ratio
13:01
Average Salary
$44k
Average Student Debt
$23k

ESTIMATED COST PER CREDIT

$774

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

36-39

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 314-798-7912

#18
Cincinnati, OH | 4 years | Online + Campus | Private

Xavier University

Intelligent Score: 83.18
Undergraduate Tuition

In-state: $42,230

Out-of-state: $42,230

Graduate Tuition

In-state: $12,060

Out-of-state: $12,060

Test scores

SAT: 1060-1250

ACT: 22-28

Retention Rate
85%
Admission Rate
81%
On-campus students
68%
Graduation Rate
69%
Students enrolled
7,000
Student to faculty ratio
11:01
Average Salary
$45k
Average Student Debt
$25k

ESTIMATED COST PER CREDIT

$919

DELIVERY FORMAT

Online

ACCREDITATION

Association to Advance Collegiate Schools of Business

REQUIRED CREDITS TO GRADUATE

39-45

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 513-745-3360

#19
Lynchburg, VA | 4 years | Online + Campus | Private

Liberty University

Intelligent Score: 82.79
Undergraduate Tuition

In-state: $14,791

Out-of-state: $14,791

Graduate Tuition

In-state: $7,935

Out-of-state: $7,935

Test scores

SAT: 1040-1250

ACT: 21-29

Retention Rate
81%
Admission Rate
50%
On-campus students
7%
Graduation Rate
54%
Students enrolled
93,000
Student to faculty ratio
17:01
Average Salary
$36k
Average Student Debt
$26k

ESTIMATED COST PER CREDIT

$565

DELIVERY FORMAT

Online

ACCREDITATION

Accreditation Council for Business Schools and Programs

REQUIRED CREDITS TO GRADUATE

36-45

MORE PROGRAM INFORMATION

Email: [email protected]

Phone: 800-424-9596

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