Finding a high-quality MBA program in the USA without breaking the bank is more than just a dream—it’s achievable. Universities like the University of South Dakota, Southeast Missouri State University, and Cameron University not only offer top-notch education but also ensure that affordability doesn’t come at the cost of quality. These universities not only offer top-notch education but also ensure that affordability doesn’t come at the cost of quality.
For Indian students, this means accessing a globally recognised MBA while staying within budget.
Below is a list of the top 10 affordable MBA colleges in the USA:
University
|
QS World Ranking 2025
|
Annual Tuition Fees (USD)
|
Annual Tuition Fees (INR)
|
University of South Dakota
|
-
|
19,268
|
₹16 lakh
|
Cameron University
|
-
|
26,700
|
₹22 lakh
|
Southeast Missouri State University
|
-
|
13,867
|
₹11.5 lakh
|
Central Michigan University
|
1201–1400
|
14,994
|
₹12.5 lakh
|
Worcester State University
|
901–950
|
17,366
|
₹14.5 lakh
|
Minnesota State University
|
203
|
13,442
|
₹11 lakh
|
University of Buffalo
|
466
|
34,338
|
₹28.5 lakh
|
San Francisco State University
|
1201–1400
|
20,049
|
₹16.5 lakh
|
Missouri State University
|
-
|
30,250
|
₹25 lakh
|
University of Tampa
|
-
|
28,576
|
₹24 lakh
|
Let’s get into the important details of each university:
1. University of South Dakota
The University of South Dakota stands out as one of the cheapest MBA colleges in the USA for Indian students, offering high-quality education at an affordable price. With tuition fees of just USD 19,268 (₹16.06 lakh) per year, it’s a top choice for students looking for affordable MBA programs in the USA.
The university’s MBA program is designed to develop strong analytical and critical thinking skills while keeping the costs manageable for international students.
University of South Dakota Ranking 2025
|
#273
|
Popular MBA Programs
|
- Business Administration (MBA)
- MBA in Business Analytics
- MBA in Finance
- MBA in Health Services
- MBA in Marketing
- MBA in Operations and Supply Chain Management
|
Average Tuition Fees Per Year
|
USD 19,268 (₹16 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
24 months
|
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2. Cameron University
Cameron University is often hailed as one of the most affordable MBA colleges in the USA for Indian students. With annual tuition fees of USD 26,700 (₹22.26 lakh), this university delivers exceptional education without the hefty price tag.
Its MBA program is particularly popular among working professionals seeking affordable MBA programs in the USA with flexible schedules.
Cameron University QS World University Ranking 2025
|
-
|
Popular MBA Programs
|
Masters of Business Administration
|
Average Tuition Fees Per Year
|
USD 26,700 (₹22 lakh)
|
Accreditation
|
Accreditation Council for Business Schools and Programs (ACBSP)
|
Course Duration
|
12-24 months
|
3. Southeast Missouri State University
Known for offering one of the cheapest MBAs in the USA for Indian students, Southeast Missouri State University keeps tuition costs as low as USD 13,867 (₹11.56 lakh) per year. This makes it an ideal option for students aiming to pursue an affordable MBA in the USA without compromising on quality.
The university is perfect for those seeking budget-friendly MBA opportunities.
Southeast Missouri World University Ranking 2025
|
#82
|
Popular MBA Programs
|
Master of Business Administration
|
Average Tuition Fees Per Year
|
USD 13,867 (₹11.5 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
12-24 months
|
4. Central Michigan University
Central Michigan University combines affordability with flexibility, making it a favorite among international students. With tuition fees of USD 14,994 (₹12.5 lakh) per year, it is one of the most affordable MBA colleges in the USA.
Students at CMU benefit from its AACSB-accredited MBA program, which is tailored to meet global business needs at an accessible cost.
CMU World University Ranking 2025
|
1201-1400
|
Popular MBA Programs
|
Master of Business Administration
|
Average Tuition Fees Per Year
|
USD 14,994 (₹12.5 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
24 months
|
Suggested: Jobs and Salary After MBA in the USA
5. Worcester State University
Worcester State University ranks as one of the cheapest universities for an MBA in the USA, offering tuition fees of just USD 17,366 (₹14.48 lakh) annually. This university’s focus on preparing students for executive roles in business, combined with its affordability, makes it a top choice for those seeking affordable MBA programs in the USA.
Worcester State University Ranking 2025
|
901-950
|
Popular MBA Programs
|
Master of Business Administration
|
Average Tuition Fees Per Year
|
USD 17,366 (₹14.5 lakh)
|
Accreditation
|
Accreditation Council for Business Schools and Programs (ACBSP)
|
Course Duration
|
12-24 months
|
Suggested: MBA Fees in USA
6. Minnesota State University
Minnesota State University delivers one of the most affordable MBA programs in the USA, with tuition fees of USD 13,442 (₹11.21 lakh) per year. For Indian students, this university offers a budget-friendly option to gain high-quality education and leadership skills, making it a standout among affordable MBA colleges in the USA for Indian students.
QS World University Ranking 2025
|
203
|
Popular MBA Programs
|
Master of Business Administration (On-campus and Online)
|
Average Tuition Fees Per Year
|
USD 13,442 (₹11 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
12-24 months
|
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7. University of Buffalo
The University of Buffalo is a top-ranked institution offering an MBA with annual tuition fees ranging from USD 24,000 to 26,000 (₹20–21.68 lakh). While slightly higher than others on this list, it is still considered one of the most affordable MBA colleges in the USA for students looking for exceptional value and career opportunities.
University of Buffalo Ranking 2025
|
466
|
Popular MBA Programs
|
- Full-Time MBA
- Part-Time MBA
- Executive MBA
|
Average Tuition Fees Per Year
|
USD 34,338 (₹28.5 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
24 months
|
Suggested: Expenses Before Leaving to Study in the US
8. San Francisco State University
San Francisco State University offers one of the most affordable MBA programs in the USA, with tuition fees starting at just USD 20,049 (₹16.71 lakh) annually. For Indian students looking for an MBA in a vibrant city with great ROI, this is one of the cheapest MBA colleges in the USA for Indian students.
San Francisco State University Ranking 2025
|
1201 - 1400
|
Popular MBA Programs
|
- MBA for Executives
- MBA for Biotech Professionals
- MBA Flexible
- MBA Fastrack
|
Average Tuition Fees Per Year
|
USD 20,049 (₹16.5 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
24 months
|
Suggested: MBA in the USA Without Work Experience
9. Missouri State University
Missouri State University is known for its flexible MBA formats and affordability, with annual tuition fees of USD 30,250 (₹25.22 lakh). While it’s slightly on the higher side for this list, it remains one of the affordable MBA colleges in the USA that offers value-packed programs for Indian students.
Missouri State World University Ranking 2025
|
NA
|
Popular MBA Programs
|
- MBA (Traditional)
- MBA (Accelerated)
- MBA (Evening)
- MBA (Online)
- MBA (Certificate)
|
Average Tuition Fees Per Year
|
USD 30,250 (₹25 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
18-24 months
|
Suggested: All about STEM MBA in the USA
10. University of Tampa
The University of Tampa delivers a high-quality MBA program at an affordable cost. With tuition fees of USD 28,576 (₹23.82 lakh) per year, it is a great choice for those seeking the cheapest universities for an MBA in the USA.
Its focus on practical business training and innovation makes it a favorite among Indian students.
Tampa World University Ranking 2025
|
NA
|
Popular MBA Programs
|
- Full-Time MBA
- Part-Time MBA
- Professional MBA
- Executive MBA
|
Average Tuition Fees Per Year
|
USD 28,576 (₹24 lakh)
|
Accreditation
|
Association to Advance Collegiate Schools of Business (AACSB)
|
Course Duration
|
12-24 months
|