Students and working professionals who are seeking a graduate degree in business have several options in Texas. The MBA programs listed here are among the most affordable.
Overview of Affordable Texas MBA Programs
The cost of a college education is high, but these programs have comparatively low tuition and fees while also offering opportunities to specialize in an area of interest. Check out the tuition costs and fees associated with these MBA programs.
Texas A&M University-Central Texas - Killeen College of Business Administration
This school's MBA program offers small class sizes and a wide range of courses. There are also several specializations available, including human resource management, healthcare administration, and international business.
Tuition and fees for residents in this MBA program were around $2,809 for 9 credit hours' worth of courses in 2018-2019. In addition to the tuition and various university services fees, other costs to consider include course-related fees, internship fees, and parking fees.
Amberton's MBA program consists of 12 courses for a total of 36 credit hours. There are several concentrations available, including general business, international business, management, and strategic leadership.
Tuition and fees for this private university's graduate programs were around $2,865 for 9 credit hours as of 2019. The estimated cost of textbooks is $1,920. There are several payment options, including pay-as-you-go and deferred payments, which could be ideal for working adults. The goal is to allow students to graduate from the program without incurring too much education debt.
West Texas A&M University
Students must complete 31 to 46 credits to earn this MBA degree. Up to 9 graduate hours are designated for foundation courses. Twenty-eight graduate hours of core courses are also required. These classes cover several topics, including accounting, international business, and quantitative analysis. The final 3 to 9 graduate hours are designated for courses in a specific area of specialization, such as marketing, management, and healthcare management.
For the 2019-2020 academic year, the tuition and fees for 9 credit hours of graduate courses were around $3,440 for residents, and the university reports that costs are similar for out-of-state students. However, the cost for courses at the Paul and Virginia Engler College of Business is higher than the standard tuition cost. An extra $36 is charged per credit hour for these classes.
The University of Texas Rio Grande Valley - Robert C. Vackar College of Business & Entrepreneurship
This MBA program offers several concentrations, including business analytics, financial planning, health care administration, international trade, and philanthropy and non-profit organization. There's also a general MBA program that allows students to choose 9 hours of electives. Students must complete a total of 36 credit hours to earn the master's degree.
The cost for 9 credit hours' worth of courses during the 2019-2020 academic year was around $4,250.
University of Houston - Clear Lake School of Business
This university offers a 36-credit-hour MBA program. Each course is eight weeks long. Full-time students can complete the program in 14 months. Part-time students can complete the program in 28 months. Some of the topics covered include managerial economics, corporate finance, and strategic management.
Texas residents at the University of Houston were charged around $4,762 in tuition and fees for 9 credit hours of courses during the 2019-2020 academic year, while non-residents paid around $9,523. Books are estimated to cost around $408.
Program Admission Requirements
Prospective students for one of these MBA programs must complete an application and submit official transcripts to a school's graduate admissions office. Universities frequently require an essay, letters of recommendation, and GMAT scores. However, the GMAT requirement may be waived if a student meets certain requirements. Most universities require students to earn a bachelor's degree before applying to an MBA program. A high undergraduate GPA is helpful to stay competitive with other applicants.
In conclusion, residents in Texas can attend college and earn an MBA degree without spending a lot of money. Students should be aware of the fees that are associated with the education and plan accordingly.