5 Most Affordable Online MBA Programs in New Jersey 2025

ster of Business Administration (MBA) degrees can help you further your business career. These programs are notoriously pricey, but there are many affordable online MBA degrees.

Thanks to its proximity to New York City and Wall Street, New Jersey can be a great place to earn an MBA, whether in-person or online. Several colleges and universities in New Jersey offer low-cost MBA programs. Keep reading to discover the most affordable online MBAs in New Jersey.

Cheapest Online MBA Programs in New Jersey

Although New Jersey has the fifth-highest tuition in the country, there are several affordable online colleges in New Jersey. Many of these offer online MBA programs. Keep reading to discover the cheapest online MBAs in New Jersey.

Note that all schools listed below are regionally accredited by the Middle States Commission on Higher Education (MSCHE). Additionally, the Free Application for Federal Student Aid (FAFSA) may help to reduce costs; these schools listed are all online colleges that accept the Free Application for Federal Student Aid (FAFSA).

1. William Paterson University

William Paterson University is a public institution in Wayne, NJ. It offers an online MBA through its Cotsakos College of Business that features multiple concentrations, such as:

• business analytics
• entrepreneurship
• healthcare economics and management
• human resource management

The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), and full-time students can finish in as few as 12 months. The tuition rate is $595.75 per credit hour for in-state and out-of-state students. At 30 credits, that's a total of about $17,872.50.

2. Thomas Edison State University

At Thomas Edison State University, students can earn an MBA online and learn the advanced communication, analytical, and leadership skills needed to succeed in any business environment. Six specializations are available, including data analytics, finance, healthcare management, and human resource management.

This public university is located in Trenton, NJ. Its business programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP), and the tuition rate for the online MBA is $721 per credit hour for in-state and out-of-state students.

3. Caldwell University

Caldwell University offers a flexible online MBA that prepares students to meet the analytical demands of the global business world. Caldwell University is a private Catholic institution in Caldwell, NJ.

Only the general MBA is available fully online, but hybrid students can choose from concentrations like business analytics and organizational leadership. The MBA requires 33 credit hours, and the cost is $735 per credit hour.

4. Georgian Court University

The online MBA at Georgian Court University allows full-time students to finish in just one year. It prepares students for leadership positions in corporate, government, and service organizations with courses on financial management, international business, marketing management, and more.

GCU, located in Lakewood, NJ, is a private Catholic university. It charges $820 per credit hour for this program, and the degree is accredited by the ACBSP.

5. Saint Peter's University

Saint Peter's University is a private Catholic institution in Jersey City, NJ. It offers an online MBA with over a dozen concentrations, including:

• artificial intelligence and strategic management
• international business
• nonprofit management
• risk management

The Frank J. Guarini School of Business at Saint Peter's is accredited by the International Accreditation Council for Business Education (IACBE). Its online MBA requires 36 credits and has a tuition rate of $850 per credit hour.

Other Affordable Online MBA Programs

While there are over 15 online MBA programs offered in New Jersey, many of them aren't what most students would consider affordable. However, the benefit of online learning is that you can earn your degree from schools across the country. We've featured a few additional inexpensive online MBA programs below.

University of the People

Students at the University of the People can earn an MBA online for just $400 per course. The program offers a hands-on approach to business strategy and team leadership and can be completed in less than a year.

University of the People, a nonprofit online college based in Pasadena, CA, is accredited by the Western Association of Schools and Colleges (WASC) Senior College and University Commission (WSCUC). The university is unique in that it does not charge a tuition rate, but instead charges only a course assessment fee. At 12 courses, this program comes to about $4,800 total.

Northeastern State University

Northeastern State University offers an MBA online with concentrations in areas like digital marketing, healthcare administration, Native American enterprise, and project management. NSU is a public university in Tahlequah, OK.

The university is accredited by the Higher Learning Commission (HLC), and its business programs hold ACBSP accreditation. Tuition here is just $291.92 per credit hour for both in-state and out-of-state students.

University of Texas Permian Basin

The online MBA at the University of Texas Permian Basin can be completed in as few as 12 months for full-time students. The university offers ways to specialize your degree in areas like accounting, business analytics, international business, and marketing.

UTPB, located in Odessa, TX, is a public university. It's accredited by the Southern Association of Colleges and Schools (SACSCOC), and its business programs are AACSB-accredited. Tuition is $274.87 per credit hour with no additional out-of-state fees.

Eastern University

Eastern University is a private Christian school in St. Davids, PA. It offers an online MBA in organizational management that features several concentrations, including human resources, global sustainable development, and project management.

The 30-credit program can be completed in as few as 10 months, but students can learn at whatever pace best suits their schedule. The tuition rate for this ACBSP-accredited MBA is $300 per credit hour for a total of $9,900.

Arkansas Tech University

Through Arkansas Tech University, students can earn an AACSB-accredited MBA online. The program prepares students for a successful business career in management, decision-making, and leadership roles, and concentrations in data analytics and digital marketing are available.

Arkansas Tech, a public university, is located in Russellville, AK, and is accredited by the HLC. Tuition is $314.50 per credit, and 30 total credit hours are required.

Our Selection Criteria

To choose the low-cost MBAs online listed above, our methodology focused on:

• Location: We started by looking for the most affordable online MBAs in New Jersey before moving on to schools elsewhere in the country.
• Accreditation: Every school on this list holds regional accreditation, and many of the graduate degrees hold programmatic accreditation as well.
• School type: We only selected public and private, non-profit schools.
• Affordability: Once we had narrowed down our options, we looked at which programs were most affordable, starting with those in New Jersey and then branching out to other states.

What To Expect from an Online Master of Business Administration

The first thing to consider when choosing an online MBA is the admissions requirements. You can expect to need a bachelor's degree, and you may need a minimum GPA as well. Other things you may need for your application include:

• GRE or GMAT scores
• letters of recommendation
• personal essays
• prerequisite courses
• work experience in a business environment

Full-time MBA students can often finish their program in one to two years, while part-time MBA students can finish in two to four years. Your program will typically include core courses and either electives or concentrations.

MBA Concentrations and Coursework

Online MBAs are usually offered through asynchronous courses. This means that you complete your coursework on your own time, though you still have set due dates. This is a much more flexible option for those who work full-time or have family to care for.

You'll usually have at least five core courses on business foundations. Many schools let students fill their remaining credits with either business elective courses or a concentration.

Specializations and concentrations allow you to choose a focused pathway that aligns with your career goals. There are many options available to MBA students, with common ones including:

• accounting
• business analytics/data analytics
• cybersecurity
• entrepreneurship
• financial management
• global business/international business
• healthcare
• human resources management
• information technology/information systems
• marketing management
• nonprofit management
• operations management
• organizational management
• project management
• supply chain management

Can You Get Financial Aid for Online MBA Degrees?

Even if you choose a cheap MBA program online, it's wise to search for financial aid opportunities to help you cover your costs. All students should fill out the FAFSA each year, which determines eligibility for federal financial aid programs, as well as many state and institutional programs.

Several types of financial aid are available to MBA students, including:

• scholarships
• grants
• assistantships
• employer-sponsored tuition assistance

Contact your school's financial aid office to find out what you may be eligible for.

FAQs About Inexpensive Online MBA Degrees in New Jersey

It can be hard to find affordable online MBA degrees in New Jersey. We've answered some FAQs below to help you out.

What Is the Cheapest Online MBA Program in New Jersey?

The cheapest online MBA in New Jersey is the MBA at William Paterson University. It costs $595.75 per credit hour for a tuition total of $17,872.50.

In the U.S., the cheapest online MBA goes to the University of the People, which totals about $4,800. It's also the cheapest online MBA with no GMAT requirements in the U.S.

What Is the Average Cost of an MBA Degree in New Jersey?

All New Jersey programs listed above are $850 or less. However, there are several schools in New Jersey with higher tuition rates for their online MBAs, including:

• Montclair State University at $891.67 per credit
• New Jersey Institute of Technology at $1,143 per credit
• Rutgers University (New Brunswick and Camden) at $1,313 per credit
• Seton Hall University at $1,570 per credit
• Stevens Institute of Technology at $1,930 per credit

Note that these tuition rates do not include any financial aid a student may earn for their graduate program.

Can I Get an MBA Online for Free?

While there are no accredited online MBAs that are inherently free (even the University of the People charges something), it is possible to earn your degree for free. Start by choosing an inexpensive online MBA. Combining that with financial aid can significantly reduce or even eliminate your tuition costs.

How Much Can I Make With an MBA Degree in New Jersey?

The amount an MBA graduate in New Jersey can make depends on several factors, like where you live, the field you're in, and how much work experience you have. However, many MBA graduates make over $100,000.

Explore Online Degree Programs

Find the perfect affordable MBA for you by exploring the online MBAs featured on Learn.org. Reach out to individual schools to learn more about admissions, enrollment, and financial aid.