9 Most Affordable Online MBA in Entrepreneurship Programs 2025

A Master of Business Administration (MBA) in entrepreneurship prepares students to become leaders in the business world, with a particular emphasis on the entrepreneurial skills necessary to start one's own business and drive innovation within existing companies. Individuals with an online entrepreneurship MBA can become business owners, project management consultants, and business development managers.

In this article, we explore nine of the most affordable online MBA programs where you can specialize in entrepreneurship. We also discuss what you can expect from a typical online MBA program, from curriculum to cost. Keep reading to learn how you can earn your business degree and advance your career.

What Is a Master of Business Administration in Entrepreneurship?

A Master of Business Administration degree equips students with the knowledge and skills to become leaders and managers in business environments. Core courses include finance, marketing, accounting, and business management.

Many MBA programs have specialization options, allowing you to hone your expertise in a certain field. An online MBA in entrepreneurship builds on the fundamental business education with courses like business analytics, marketing management, and new venture finance.

How Much Does an Online MBA in Entrepreneurship Cost?

The cost of an online MBA in entrepreneurship depends on your chosen school, its MBA program, and any applicable graduate-level transfer credits you might have. Online MBA degrees can range from $12,800 to more than $160,000 in total tuition costs.

You can help keep education costs low by applying for the Free Application for Federal Student Aid (FAFSA), which determines your eligibility for financial aid like scholarships, grants, and loans.

Cheapest Entrepreneurship MBA Programs Online

This list features some of the top MBA programs for entrepreneurship that are also the most affordable. In the following accredited business programs, you can earn your master's degree entirely online.

1. University of Louisiana at Lafayette

The University of Louisiana at Lafayette (UL Lafayette) offers an online MBA program that equips students with the essential leadership skills and analytical tools to succeed in various entrepreneurial ventures. UL's MBA in entrepreneurship program consists of 21 credit hours of core courses and 12 hours of concentration courses.

All coursework is conducted online. Concentration courses include organizational behavior and management, law for entrepreneurs, and marketing management.

• Estimated tuition cost: $388 per credit hour
• Program length: 16 months
• Accreditation: Southern Association of Colleges and Schools Commission on Colleges (SACSCOC)

2. Southeastern Oklahoma State University

Located in Durant, OK, Southeastern Oklahoma State University (Southeastern) has a 30-credit online MBA program with 15 specialization options. The curriculum is composed of 24 credit hours of core courses and six credit hours of specialty courses. MBA students who choose to concentrate in entrepreneurship develop skills in scaling businesses, developing small business marketing plans, and business model analysis.

Southeastern does not require prospective students to submit their Graduate Management Admission Test (GMAT) scores. Students are required to have earned a minimum 2.5 grade point average (GPA) on their undergraduate degrees.

• Estimated tuition cost: $391 per credit hour
• Program length: 12 months
• Accreditation: Association to Advance Collegiate Schools of Business (AACSB)

3. University of West Florida

The University of West Florida (UWF) offers a 36-credit online MBA degree with an emphasis in entrepreneurship. There are 27 credit hours of core courses and nine credit hours of emphasis courses. Students learn the principles of market dynamics, business management, organizational behavior, and enterprise strategies.

Admission requirements to UWF's online degree program include a bachelor's degree and your official school transcripts; GMAT scores are not required. The MBA program has multiple start dates throughout the year.

• Estimated tuition cost: $457 per credit hour
• Program length: 16 months
• Accreditation: AACSB

4. Louisiana State University

Based in Baton Rouge, LA, Louisiana State University (LSU) has a broad range of online degree programs. Its online MBA in entrepreneurship is delivered in an accelerated format and entirely online. MBA students can graduate from the program in as few as 10 months.

The school's AACSB-accredited program starts six times a year and consists of seven-week courses. To apply, prospective students must submit their official college transcripts and a resume showcasing any relevant work experience.

• Estimated tuition cost: $484 per credit hour
• Program length: 10 months
• Accreditation: AACSB

5. Oklahoma State University

Oklahoma State University (OSU) offers a 33-credit online MBA program designed to be taken asynchronously. You can enroll on a part-time or full-time basis. Part-time students generally earn their degree in three years; full-time students can earn their degrees at a faster pace.

The program's curriculum consists of 27 credit hours of core courses and nine hours of elective courses. MBA students specializing in entrepreneurship can take numerous courses, such as venture capital, emerging enterprise consulting, applied innovation, and growing small and family ventures.

• Estimated tuition cost: $489 per credit hour
• Program length: Two to three years
• Accreditation: Higher Learning Commission (HLC)

6. National University

Based in California, National University (NU) offers in-person and online degree programs. NU has an MBA program that is conducted 100% online; students can enroll year-round. The curriculum covers subjects like the foundations of entrepreneurship, business plan creation, and new venture resource development and analysis.

Many students at NU receive financial aid. Financial support comes via scholarships, grants, and military benefits, like the university's Key Grant for master's degree students.

• Estimated tuition cost: $578 per credit hour
• Program length: Two years
• Accreditation: WASC Senior College and University Commission (WSCUC)

7. Southern New Hampshire University

Southern New Hampshire University (SNHU) has an online MBA program designed for working adults. The 30-credit degree program can be completed on a full-time or part-time basis; full-time students can earn their MBA in entrepreneurship in 12 months. Coursework is designed to be taken asynchronously, and the program starts five times per year.

MBA students learn business fundamentals like organizational strategy, problem-solving skills, and data analysis. Students specializing in entrepreneurship take courses in consulting, franchising, and small business management.

• Estimated tuition cost: $659 per credit hour
• Program length: One year
• Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)

8. Capella University

Capella University offers an online MBA program where students can self-design an entrepreneur-focused concentration. Core courses include business strategy, marketing management, and accounting methods for leaders. Entrepreneurship students take elective courses like applied business analytics and new ventures, as well as entrepreneurship.

Capella University students have access to academic coaches, 24/7 technical support, and online learning tools and resources. Financial aid is available through scholarships and employer discounts.

• Estimated tuition cost: $855 per credit hour
• Program length: Two years
• Accreditation: HLC

9. University of Massachusetts Amherst

Located in its namesake city, the University of Massachusetts Amherst (UMass Amherst) is a large public school with in-person and online degree programs. UMass Amherst's 37-credit MBA program can be taken in a hybrid format or entirely online. U.S. News & World Report recently ranked UMass Amherst's program as the number one public online MBA program in the Northeast.

MBA students take nine elective credits to earn their degree specialization. MBA in entrepreneurship students can choose from courses like real estate investing, project management, and e-commerce logistics. The program has three start dates each year.

• Estimated tuition cost: $925 per credit
• Program length: Two years
• Accreditation: New England Commission of Higher Education (NECHE)

What To Expect From an Online Entrepreneurship MBA Program

Online entrepreneurship MBA programs share the same curriculum requirements as their in-person program counterparts. Students learn business management fundamentals while specializing in the knowledge and skills needed for new business ventures and corporate innovation.

Online MBA programs can be completed within 10 months or up to four years. The time it will take you to earn your degree depends on your enrollment status (e.g., full-time or part-time), how many courses you take per semester or term, and if you have any graduate-level credits eligible for transfer.

How We Rank Schools

We use the following criteria when deciding which colleges and universities to feature, including accreditation status and tuition rates.

• Accreditation: All of our featured schools are regionally accredited institutions, which means their program curricula and faculty meet quality education standards.
• Affordability: The listed MBA programs must have tuition rates of $1,000 or less per credit hour.
• Program reputation: A program's reputation is determined by its curriculum, experienced faculty, graduation success rate, and any awards or special recognition.

FAQs About Online MBA in Entrepreneurship Programs

In this section, you'll find answers to frequently asked questions about online MBA in entrepreneurship programs, from courses to career opportunities.

Is an Online Entrepreneurship MBA Respected?

As online degree programs have become increasingly common, respect has grown accordingly. Online MBAs from accredited colleges and universities provide the same quality curriculum as do their in-person degree programs, so online MBA graduates possess the same knowledge and skills.

One of the most important elements of a reputable MBA program is its accreditation status. All schools featured here are accredited institutions; some programs boast special accreditation from industry groups like the AACSB and the ACBSP.

Is an MBA in Entrepreneurship Worth It?

Pursuing your MBA in entrepreneurship is an investment in time and money, and deciding its value to your career is a highly personal choice. You must take into account your professional goals and capacity to complete the degree program.

MBA graduates typically earn higher salaries and have more flexibility in the job market than those who hold bachelor's degrees. The Graduate Management Admission Council (GMAC) reports that the median starting salary for MBA graduates is $120,000, while the median starting salary for those with bachelor's degrees is $69,320.

Which MBA Is Best for Entrepreneurs?

The best MBA degree program for aspiring entrepreneurs is one that accommodates your budget and personal and professional commitments. Online MBA degree programs are generally quite flexible, as you can take courses that fit your schedule and have few (and often zero) in-person requirements.

It's important to take education costs and potential financial aid opportunities into consideration when choosing your MBA program. In addition to providing scholarships and grants, many schools have partnerships with companies that provide employee tuition reimbursement.

What Can I Do With an MBA in Entrepreneurship?

An MBA in entrepreneurship provides the foundational skills and knowledge to start new businesses and drive innovation in corporate and nonprofit landscapes. MBA graduates specializing in entrepreneurship can move on to roles like:

• Marketing Director
• Startup founder
• Franchise owner
• Small business owner
• Business development consultant
• Venture capital analyst

Discover Online MBA Programs

There are many educational pathways for you to advance your career in the business world. We invite you to connect with our partner schools on Learn.org and request additional information about their online master's degree programs.