10 Most Affordable Online MBA Programs in New York 2025

New York is home to Wall Street, the financial center of the U.S. As a result, it's a common destination for MBA students. Although the state has a high cost of living, there are several affordable MBA programs in New York, many of which are available online.

The best affordable online MBA programs provide students with the knowledge and skills to further their careers but do so in a way that's flexible and doesn't break the bank. Keep reading to discover the most affordable online MBAs in New York.

Cheapest Online MBA Programs in New York

There are quite a few affordable online colleges in New York, especially for local residents who qualify for financial aid. Some of these offer low-cost MBAs online.

Below, we've found the cheapest online MBAs in New York. Note that unless otherwise stated, all schools listed are accredited by the Middle States Commission on Higher Education (MSCHE).

1. Brooklyn College

Brooklyn College is a public university in Brooklyn within New York City. It's part of the City University of New York (CUNY) system and offers an online master's degree in business administration with multiple specializations, including:

• business analytics
• global business
• marketing
• producing in cinematic arts

The business programs at the Koppelman School of Business are programmatically accredited by the Association to Advance Collegiate Schools of Business (AACSB). Tuition for New York residents is $470 per credit hour, while tuition for non-residents is $855.

2. Touro University

At Touro University, students can earn an MBA online for just $500 per credit hour. Areas of concentration include cybersecurity management, human resources management, information technology management, and nonprofit management.

Touro University, a private Jewish institution, is based in New York City; however, its Worldwide campus is headquartered in California, so the online campus is accredited by the Western Association of Colleges and Schools Senior College and University Commission (WASCUC). Additionally, its business programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

3. University of Mount St. Vincent

The University of Mount St. Vincent offers an online MBA with optional concentrations in healthcare management, international business, nonprofit management, and risk management. UMSV is a private Catholic university in the Bronx in NYC, and its business programs are accredited by the ACBSP.

Tuition for the online MBA at UMSV is $524 per credit hour. The program is 30 credits, and most MBA students finish within a year for a total of $15,720.

4. Houghton University

The fully online MBA at Houghton University helps students develop advanced business insights and leadership skills. Six concentrations are available, including artificial intelligence, business analytics, healthcare administration, and project management.

Houghton University, located in Houghton, NY, is a private Christian liberal arts college. The tuition rate for this MBA is $525 per credit, for an approximate program total of $19,950. Most full-time students can finish within one year.

5. Empire State University

Empire State University is a public institution in Saratoga Springs, NY. It's part of the State University of New York (SUNY) system and offers all its graduate programs, including an MBA, online.

The online MBA at SUNY Empire offers majors in healthcare leadership and business management, the latter of which offers several concentrations, including:

• business analytics
• healthcare management
• human resource management
• project management

The business programs are accredited by the International Accreditation Council for Business Education (IACBE). Tuition for in-state students is $635 per credit hour, while out-of-state online students pay a rate of $762.

6. Stony Brook University

Students at Stony Brook University can earn an AACSB-accredited MBA online. The 36-credit program can be completed in as few as nine months and includes optional concentrations in innovation and operations analytics.

SBU is a SUNY research university located in Stony Brook, NY. The degree program is $635 per credit hour for New York state residents and $1,120 for out-of-state residents.

7. State University of New York Brockport

The State University of New York Brockport offers an online MBA with three concentrations: business analytics, business management, and nonprofit management. SUNY Brockport is based in Brockport, NY.

The university's School of Business & Management is accredited by the AACSB. Tuition for in-state students is $635 per credit hour, and for out-of-state students is $762.

8. State University of New York at Oswego

The two-year MBA at the State University of New York at Oswego is available fully online. While the program doesn't offer concentrations, students can choose elective coursework in areas like entrepreneurship, supply chain management, and strategic decision-making. Students can also use one of their electives for an internship opportunity.

The business programs at SUNY Oswego are AACSB-accredited. Tuition for New York State residents is $635 per credit hour, while tuition for out-of-state students is $1,057.

9. State University of New York at New Paltz

The State University of New York at New Paltz is a SUNY school in New Paltz, NY. It offers an AACSB-accredited MBA online with concentrations in healthcare management and business analytics.

The MBA tuition for in-state students is $635 per credit hour, and for non-resident students, it's $1,016. SUNY New Paltz also offers a limited number of MBA scholarships to qualified applicants.

10. University at Albany

Through the University at Albany, students can earn an MBA online on a part-time schedule. Three specializations are available: cybersecurity, business management, and marketing. Core courses cover topics like operations management, international business, and organizational behavior.

The program, accredited by the AACSB, requires 48 credits and concludes with a research project. In-state tuition is $635 per credit hour, while out-of-state is $819.38.

Our Selection Criteria

To choose the best inexpensive online MBAs in New York, our methodology focused on:

• Accreditation: All schools listed are regionally accredited, and each program holds accreditation through an agency like the AACSB.
• Affordability: We focused on selecting programs that were all under $700 per credit hour.
• Program reputation: All schools have a reputation for strong online programs.
• Location: We focused specifically on institutions located within New York State.

Why Should I Get an Online MBA in New York?

Having an MBA can make a huge difference in your career path. On average, MBA graduates earn 50% more than those with just a bachelor's degree in business. MBA programs help you sharpen your business skills and provide networking opportunities as you progress your career.

The best online MBA programs provide flexibility with asynchronous classes. These allow you to learn at the time that works best for you, which is far more convenient for working professionals than in-person courses.

Learning online allows you to stay at your current job and gain work experience while learning more about the business world. Many programs still offer on-campus or hands-on opportunities for those who want some real-world experiences.

Financial Aid for Online Master of Business Administration Degrees

While most federal financial aid programs are geared toward undergraduate students, all college students should fill out the Free Application for Federal Student Aid (FAFSA). Depending on your eligibility, you may be able to use FAFSA for MBA programs.

All of the programs above are from online colleges that accept FAFSA. There are also other ways you can find financial aid to help you pay for your program, including:

• Institutional scholarships: Many universities offer MBA scholarships through their school or college of business.
• Private scholarships: You can also look for privately offered MBA scholarships.
• Assistantships: Assistantships are offered by the school. They provide a discount on tuition, in exchange for you working alongside a professor.
• Work-sponsored tuition assistance: Several employers offer tuition assistance programs to help students trying to complete their higher education.

Additionally, look for the best-value online MBAs. Choosing a low-cost school can go a long way toward reducing your overall tuition costs.

What To Expect from a Low-Cost MBA Online in New York

Online MBA programs are each a little different, but you'll find some consistency in certain aspects. The admissions requirements for inexpensive online MBAs usually start with at least a bachelor's degree.

Many colleges require a minimum GPA as well. It's also common for business schools to require GMAT or GRE scores; however, a few of the cheapest online MBA with no GMAT requirements are available in New York.

As mentioned, most online programs use asynchronous classes. These classes still have set due dates, but allow students to complete their work on their own schedule with no set meeting times.

In your MBA program, you'll typically have several required courses that all students need to take. You will also likely have the option to choose a concentration or to take your choice of elective courses to fulfill your credit obligation.

Concentrations for MBA Programs

There are many concentrations available for MBA programs, and each program will offer its own specific options. Some common concentrations include:

• accounting
• business analytics
• economics
• entrepreneurship
• finance
• human resources management
• international or global business
• operations management
• project management
• supply chain management
• sustainability management

FAQs About Best-Value MBA Programs in New York

Earning an MBA is an exciting step toward reaching your dream career. Below, we've answered a few FAQs about affordable online MBAs in New York.

What Is the Cheapest Online MBA Program in New York?

You can find several cheap MBA programs online in New York, but the least expensive is through Brooklyn College. If you're a New York State resident, you'll only pay $470 per credit hour for this program before financial aid.

Are Online MBA Programs in New York Worth It?

For many students, earning an online MBA is worth it. As mentioned, MBA graduates can often make at least 50% more than those with a bachelor's degree.

By studying online, students have more control over their schedules. This allows them to continue working or caring for their families while completing their studies.

Can I Get an MBA Online for Free?

While there aren't any online MBAs that are inherently completely free, by choosing a low-cost program and applying for financial aid, you may be able to completely cover your tuition cost. Fill out the FAFSA, look for other scholarship options, and check if your employer offers tuition assistance to help pay for your education.

Where Can I Work With an Online MBA Degree?

MBAs can work in various business environments. Common fields include healthcare, manufacturing, sales, and tech. Within these fields, MBAs may work in management roles such as:

• finance manager
• human resources manager
• marketing manager
• operations manager
• project manager
• sales manager

Explore Accredited MBA Degrees

Find the perfect affordable online MBA in New York by exploring the programs featured on Learn.org. Contact individual schools to learn more about admissions, enrollment, and financial aid.