Top 10 Affordable MBA Programs in New York

New York colleges and universities have many Master of Business Administration (MBA) programs. Students can enroll in an in-person or online MBA program. Higher education costs are growing, but affordable options help offset tuition expenses.

Although this article focuses on in-person and on-campus MBA degree programs, you can explore MBA programs at affordable online colleges in New York. Some of the top business schools in New York offer affordable degrees for MBA students.

Top Affordable MBA Programs in New York

Attending graduate school to pursue an MBA after receiving a bachelor's degree is a great way to advance your career. Several career fields are open to MBA graduates, such as:

• business management
• financial management
• project management
• healthcare management

Affordable MBA programs help students by providing cheaper in-state and out-of-state tuition rates. Don't let high tuition prevent you from earning a graduate degree and making career progress.

1. New York University (NYU)

New York University (NYU) is a private research university in New York City. NYU offers a full-time MBA program through the Leonard N. Stern School of Business.

MBA students at NYU can choose three specializations from a list of 27. Some of the MBA specializations at NYU include:

• accounting
• business analytics
• entrepreneurship and innovation
• supply chain management and global sourcing

2. Baruch College

Baruch College is a senior college in the CUNY system. Baruch is in New York City and offers full-time, online, and executive MBAs through the Zicklin School of Business.

The full-time MBA offers real-world learning experiences for people wanting a career change. Core courses for the full-time MBA at Baruch College include:

• Strategic Business Communication
• Creative Strategies for Innovation
• Information Technology Strategy
• Legal and Ethical Environment of Business

3. Fordham University

Fordham University is a private Catholic university in New York City. Graduate students can pursue a full-time MBA at Fordham through the Gabelli School of Business.

Fordham University's full-time MBA is a two-year program in management and leadership. MBA students may choose between several concentrations, including:

• information systems
• public accountancy
• finance
• marketing

4. University at Albany

The State University of New York (SUNY) at Albany is a public research university in New York's capital city of Albany. The university offers full-time and part-time MBA programs.

You can choose between a one or two-year full-time MBA. Concentrations for the full-time MBA at the University at Albany include:

• cybersecurity
• human resource information systems
• finance
• marketing

5. Rochester Institute of Technology

Rochester Institute of Technology (RIT) is a private university in Rochester. The MBA at RIT focuses on technology, entrepreneurship, and data analytics.

RIT's MBA program prepares graduate students to become leaders in several organizations and industries. Some of the courses students can expect to take are:

• Economics and Decision Modeling
• Financial Analysis for Managers
• Leading Teams in Organizations
• Marketing Concepts and Commercialization

6. SUNY Oswego

The State University of New York (SUNY) Oswego is a public university in Oswego, New York. SUNY Oswego's MBA program helps students become leaders in diverse industries.

The MBA coursework at SUNY Oswego is Association to Advance Collegiate Schools of Business or AACSB-accredited. Courses in this program include:

• Marketing Management
• Managerial Finance
• International Business
• Employment Law

7. University at Buffalo

The University at Buffalo is a public research university in the SUNY system. The university offers a full-time MBA through the School of Management.

The University at Buffalo offers a STEM and non-STEM MBA program. Concentrations for the full-time MBA include:

• management consulting
• international management
• operations and supply chain management
• information security management

8. Hofstra University

Hofstra University is a private, non-profit university in Hempstead, New York. The university offers an MBA through the Frank G. Zarb School of Business. MBA students at Hofstra have 10 concentrations they can pursue. These concentrations include:

• international business
• business analytics
• cybersecurity management and policy
• management

9. Manhattan University

Manhattan University, formerly Manhattan College, is a private Catholic university in New York City. The university offers the O'Malley MBA to prepare students for government, healthcare, and technology jobs.

The MBA program is AACSB-accredited and open to students with a bachelor's degree in any major. MBA courses at Manhattan University include:

• Corporate Finance
• Advanced Data Analysis
• Project Management
• Innovation Management

10. Syracuse University

Syracuse University is a private non-profit university in Syracuse, New York. The university offers an MBA through the Whitman School. The MBA is a full-time 54-credit hour program. MBA specializations at Syracuse University include:

• professional accounting
• finance
• entrepreneurship
• real estate

FAQs About Affordable MBA Programs

Many students who want to pursue an MBA have questions about these programs. Here are some frequently asked questions and their answers concerning affordable MBA programs.

What Factors Should I Consider When Choosing an Affordable MBA?

Some factors you should consider when choosing an affordable MBA include:

• accreditation
• program flexibility
• financial aid opportunities
• program duration
• cost of living

Along with these factors, ensure you consider your chosen institution's location.

How Much Does an MBA Cost in New York?

The cost of an MBA in New York varies on various factors, such as the financial aid available at your institution. New York University provided one example of the cost of an MBA. NYU estimated that the MBA cost of attendance during the 2023-2024 term was $126,874.

What Is the ROI of an MBA Program in New York?

The return on investment (ROI) of an MBA program in New York is calculated based on the cost of the degree and the average salary for graduates. It depends on multiple factors, such as:

• the institution you attend
• your career goals
• your chosen industry

Typically, achieving an MBA leads to career advancement and a higher salary, making the degree worth it for many graduates.

How Can I Make an MBA Program More Affordable?

Some of the ways you can make an MBA program more affordable include:

• exploring scholarship and grant opportunities
• completing the FAFSA online application
• participating in a work-study program

New York residents should explore the options available at their specific institutions. Institutions such as Baruch College and NYU offer merit-based scholarships for MBA students.