Most Affordable Online MBA Programs in Project Management for 2025

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

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Many believe that pursuing an MBA in project management online means sacrificing either quality or affordability—but this misconception can keep capable professionals from advancing their careers. In reality, several accredited programs combine rigorous academics with flexible, low-cost options that don’t compromise outcomes.

With tuition rates for top programs starting under $12,000, this guide highlights the most affordable online MBA programs in project management for 2025. Prepared by experts in career planning, the article outlines key features, costs, and benefits to help readers confidently choose a program that fits both their career goals and their budget.

What are the benefits of getting an affordable online MBA in project management?

• An affordable online MBA in project management qualifies graduates for leadership roles such as project manager, operations director, or program analyst across industries like IT, construction, and healthcare.
• Median annual salary for project management professionals with an MBA is around $95,000–$120,000, depending on experience and industry.
• Online programs offer flexibility to study while working full-time, helping students advance their careers without pausing them.

What can I expect from online MBA programs in project management?

Online MBA programs in Project Management cover essential business and leadership skills. The core curriculum usually includes courses in project planning, risk management, budgeting, and team leadership. Most programs require a capstone project where you apply what you've learned to real-world challenges. Some also include internship hours to gain practical experience. Tuition for these programs typically ranges from $15,000 to $60,000, depending on the school. 

Online classes are generally delivered through video lectures, discussion boards, and live virtual sessions. This flexible format allows students to study on their own schedule while staying connected with instructors and classmates. Overall, an online MBA in Project Management prepares you to lead projects effectively in various industries.

Where can I work with an online MBA program in project management?

Graduates with an online MBA in Project Management can work in many sectors. Many find roles in corporate settings, including finance, manufacturing, and technology companies. Others work in government agencies or nonprofit organizations. Some choose to start their own businesses or become consultants. 

Common job titles include project manager, operations manager, and business analyst. The degree also opens doors in education, healthcare, and creative industries. Employers value skills like problem-solving, communication, and critical thinking. These skills help graduates adapt to various work environments. With project management jobs expected to grow by 12% over the next decade, opportunities are strong across many fields.

How much can I make with an online MBA program in project management?

Salaries for graduates with an online MBA in project management vary by industry and experience. On average, project managers earn between $80,000 and $120,000 per year. Those in senior roles or specialized fields can make $130,000 or more. According to the Project Management Institute, certified project managers see a 20% higher salary than non-certified peers. Location also affects pay, with higher salaries common in large metropolitan areas. Additionally, professionals with strong leadership and strategic skills often receive bonuses and other benefits. Overall, an MBA in Project Management offers solid earning potential and career growth.

Table of Contents

1. List of the Most Affordable Online MBA Programs in Project Management for 2025
2. How long does it take to complete an affordable online MBA program in project management? 
3. How does an affordable online MBA program in project management compare to an on-campus program?
4. What is the average cost of an affordable online MBA program in project management?
5. What are the financial aid options for students enrolling in an affordable online MBA program in project management?
6. What are the prerequisites for enrolling in an affordable online MBA program in project management?
7. What courses are typically in an affordable online MBA program in project management?
8. What types of specializations are available in an affordable online MBA program in project management?
9. How to Choose the Best Affordable Online MBA Program in Project Management
10. What challenges might I encounter with an affordable online MBA in project management?
11. What emerging trends are shaping affordable online MBA programs in project management?
12. What career paths are available for graduates of affordable online MBA programs in project management?
13. What is the job market for graduates of affordable online MBA programs in project management?
14. Is the Return on Investment for an Affordable Online MBA in Project Management Justifiable?
15. Other Things You Should Know About Affordable Online MBA Programs in Project Management

List of the Most Affordable Online MBA Programs in Project Management for 2025

How do we rank the programs?

We understand that earning a degree is a major financial decision. That’s why our rankings are based on clear, data-driven criteria to help students make confident, informed choices. We rely on trusted sources like the IPEDS database, Peterson’s database, the College Scorecard, and the National Center for Education Statistics. These databases offer reliable information on program quality, affordability, and outcomes. Together, they form a solid basis for evaluating and comparing online MBA programs in Project Management. For a deeper look at our process, visit Research.com’s methodology page.

1. Aspen University

Aspen University offers a streamlined MBA in Project Management tailored to working adults. Courses are delivered entirely online with flexible bi-weekly start dates. The program is aligned with PMI standards, preparing students for real-world project leadership.

• Required Credits: 36
• Cost: $8,970 total
• Accreditation: DEAC

2. Liberty University

Liberty University delivers a flexible, faith-based MBA that emphasizes leadership and ethics in project management. The program features 8-week terms and no entrance exams. Students can complete the program entirely online, choosing between full- or part-time study.

• Required Credits: 45
• Cost: $565/credit (full-time); $615/credit (part-time)
• Accreditation: ACBSP

3. Fayetteville State University

Fayetteville State University offers a highly affordable, AACSB-accredited MBA with a project management concentration. The curriculum is designed to prepare students for PMP certification and includes strategic project leadership training. It's a strong choice for North Carolina residents and out-of-state students alike.

• Required Credits: 39
• Cost: ~$224/credit (in-state), ~$887/credit (out-of-state)
• Accreditation: AACSB

4. Saint Leo University

Saint Leo University blends traditional business education with specialized project management training. The online MBA helps students develop execution, planning, and leadership skills across diverse industries. It’s designed for those aiming to manage large-scale initiatives efficiently.

• Required Credits: 36
• Cost: $555 per credit
• Accreditation: ACBSP

5. Southern New Hampshire University (SNHU)

SNHU offers an accelerated online MBA in Project Management that can be completed in just over a year. The program focuses on tools and strategies used by Fortune 500 companies. As a PMI Registered Education Provider, SNHU ensures students are career-ready.

• Required Credits: 36
• Cost: $627 per credit
• Accreditation: NECHE

6. University of Wisconsin–Whitewater

University of Wisconsin–Whitewater delivers a practical, skill-focused MBA that’s designed to be completed in 18 months. The program emphasizes real-world project management and communication strategies. It’s a solid option for professionals looking to advance quickly.

• Required Credits: 36
• Cost: $678 per credit
• Accreditation: HLC

7. Maryville University of Saint Louis

Maryville University offers an ACBSP-accredited MBA that builds practical knowledge in scheduling, budgeting, and team coordination. The program can be completed in as little as 14 months. Courses are fully online and designed to suit working professionals.

• Required Credits: 39
• Cost: $749 per credit
• Accreditation: ACBSP, HLC

8. DeVry University

DeVry University combines business fundamentals with advanced project management practices. Students engage in real-world simulations and complete a final Capstone project. DeVry’s TechPath approach ensures hands-on learning and career-ready skills.

• Required Credits: 42
• Cost: $766 per credit
• Accreditation: ACBSP

9. Louisiana State University Shreveport (LSUS)

LSUS delivers a highly affordable and comprehensive MBA with a focus on project management. The AACSB-accredited program is fully online and built for working professionals. It balances core business knowledge with specialized project strategies.

• Required Credits: 42
• Cost: $14,370 total
• Accreditation: AACSB

10. Columbia Southern University

Columbia Southern University offers a self-paced online MBA that aligns with PMI standards. The program focuses on strategic planning, budgeting, and risk management. It’s ideal for students who want maximum scheduling flexibility.

• Required Credits: 36
• Cost: $13,725 total
• Accreditation: ACBSP

How long does it take to complete an affordable online MBA program in project management? 

Most students can finish an affordable online MBA in Project Management in 12 to 24 months. The exact time depends on your schedule, the number of credits required, and whether you study full-time or part-time.

Many programs are designed with flexibility in mind. This allows working professionals to move at their own pace while balancing career and personal responsibilities. Similarly, if you're exploring other graduate options like the cheapest MLIS degree online, you’ll find that affordability and flexible timelines are also key advantages.

What affects completion time?

• Program length: Most programs require 36 to 45 credits to graduate.
• Course format: Some schools offer 8-week accelerated courses, allowing faster completion.
• Enrollment status: Full-time students can often finish in as little as 12 to 18 months, while part-time students may take up to 2 years or more.
• Start dates: Some universities offer rolling or bi-weekly start dates, so you don’t have to wait long to begin.

If you're looking for speed and affordability, many online MBA programs make it possible to graduate quickly—without sacrificing quality or flexibility.

How does an affordable online MBA program in project management compare to an on-campus program?

An affordable online MBA in Project Management offers the same core curriculum and degree value as an on-campus program, but with added flexibility and lower overall costs. Both formats typically cover project planning, budgeting, scheduling, and leadership skills, and may include capstone projects or preparation for PMP certification.

Key differences to consider:

• Flexibility: Online programs are ideal for working professionals, offering asynchronous classes and self-paced options. On-campus programs require in-person attendance and set schedules.
• Cost: Online programs often have lower tuition and fewer fees, with some costing as little as $9,000 to $15,000 total. On-campus options may include housing and transportation costs.
• Networking: On-campus programs may offer more direct networking opportunities, while online programs use virtual events and discussion boards to connect students.
• Technology use: Online MBAs rely on learning platforms, video lectures, and digital collaboration tools, which build tech skills useful in remote project management roles.

Overall, both options can lead to the same job opportunities—your choice depends on your budget, lifestyle, and learning preferences.

What is the average cost of an affordable online MBA program in project management?

The average cost of an affordable online MBA in Project Management typically ranges from $9,000 to $15,000 in total tuition. These programs are designed to offer quality education at a lower price point than traditional on-campus options or higher-end online degrees. Similarly, students researching the best online registered dietitian programs will find that cost-effective options also exist in other specialized graduate fields.

What influences the cost?

• Per-credit rate: Affordable programs usually charge between $224 and $766 per credit.
• Total credit hours: Most MBA programs require 36 to 45 credits to graduate.
• Residency status: Some public universities offer in-state tuition discounts for residents.
• Additional fees: While many online programs reduce costs, you should still check for technology, graduation, or course material fees.

While tuition varies, many programs aim to remain budget-friendly. For comparison, the low cost master's in science online programs offer a useful benchmark, outlining tuition structures and helping prospective MBA students evaluate affordability across graduate-level offerings.

Compared to traditional MBA programs that can cost $30,000 or more, these affordable online options provide significant savings without compromising on career outcomes or curriculum quality. In fact, the average cost to complete a master’s degree in the U.S. is $62,820—making affordability a key concern for many prospective students.

What are the financial aid options for students enrolling in an affordable online MBA program in project management?

Students enrolling in an affordable online MBA in Project Management have access to several financial aid options to help reduce costs. These can make even low-cost programs more manageable, especially for working professionals or those returning to school. Likewise, individuals exploring programs like reading specialist certification and requirements will find that similar financial support options may apply in those fields as well.

Common financial aid opportunities include:

• Federal Financial Aid: Fill out the FAFSA to qualify for federal loans, grants, or work-study opportunities.
• Scholarships: Many schools and private organizations offer merit- or need-based scholarships for graduate business students.
• Employer Tuition Assistance: Some employers provide tuition reimbursement programs to help cover education expenses.
• Military and Veteran Benefits: Active-duty service members and veterans may qualify for GI Bill® benefits or military tuition discounts.
• Payment Plans: Many universities offer interest-free payment plans to spread tuition costs over the semester or year.

Even with already reduced tuition—often between $9,000 and $15,000—these financial aid options can help students complete their degree with minimal debt. Always check with your school’s financial aid office for specific opportunities.

Financial support for MBA students often mirrors aid strategies in healthcare-related fields. For example, the cheapest online LVN programs detail federal grants, scholarships, and employer tuition reimbursement—funding sources that can also apply to MBA students in project management.

What are the prerequisites for enrolling in an affordable online MBA program in project management?

To enroll in an affordable online MBA program in project management, applicants typically need a bachelor’s degree from an accredited institution. Most programs accept degrees in any field, though some prefer a background in business, management, or a related area.

Common prerequisites include:

• Official transcripts showing a completed undergraduate degree
• A minimum GPA (often 2.5 to 3.0)
• Professional experience (some programs prefer or require 1–2 years)
• A resume or CV outlining work history
• Letters of recommendation (usually 1–3)
• A personal statement or essay explaining your goals
• Some schools may request GRE or GMAT scores, but many affordable online programs waive this requirement

Each program may have slightly different requirements, so it’s best to check with individual schools. Many programs are designed to be flexible and accessible, especially for working professionals.

The following chart illustrates projected MBA enrollment trends from 2008 to 2030:

What courses are typically in an affordable online MBA program in project management?

An affordable online MBA in Project Management combines core business courses with specialized project management training. Core MBA classes provide a foundation in key areas such as finance, marketing, and strategy. Typical core courses include:

• Financial Accounting
• Corporate Finance
• Marketing Management
• Organizational Behavior
• Strategic Management

Specialized project management courses focus on skills needed to lead and deliver projects successfully. These usually cover:

• Project Management Fundamentals (planning and lifecycle)
• Risk Management (identifying and mitigating risks)
• Cost and Budget Management (estimating and controlling expenses)
• Leadership and Team Management (leading teams effectively)
• Agile Project Management (flexible, iterative project methods)

Many programs end with a capstone project that lets students apply what they’ve learned to real-world challenges. This mix of core and specialized courses equips graduates to manage projects efficiently and take on leadership roles across industries. Similarly, the best online architecture degree programs combine foundational coursework with industry-specific training to prepare students for diverse careers in architecture and design.

What types of specializations are available in an affordable online MBA program in project management?

Affordable online MBA programs with a project management focus often offer various specializations to tailor your learning and career path. Common specializations include:

• Construction Management: Focuses on managing building projects, budgets, and contractors.
• IT Project Management: Emphasizes technology projects, software development, and agile methods.
• Healthcare Project Management: Deals with managing projects in healthcare settings, improving patient care and compliance.
• Supply Chain and Logistics: Covers managing projects related to procurement, distribution, and inventory.
• Agile and Scrum Management: Specializes in agile project methodologies for flexible, fast-paced environments.

These specializations help students gain expertise in industries or methodologies that align with their career goals. Additionally, many students benefit from financial support—62% of MBA students in the U.S. receive some form of financial aid, making these programs even more accessible.

How to Choose the Best Affordable Online MBA Program in Project Management

Here’s a clear guide on how to choose the best affordable online MBA program in Project Management:

Accreditation

Ensure the school is accredited by a recognized agency (like AACSB, ACBSP, or IACBE). Accreditation guarantees quality education and is important for employers.

Cost and Financial Aid 

Compare tuition fees and available financial aid options. Look for programs that offer scholarships, grants, or payment plans to keep costs manageable. Students researching other affordable pathways—such as the cheapest online IT degree—should also prioritize financial aid and tuition transparency.

Curriculum and Specializations

Check if the program offers a strong project management curriculum and relevant specializations that match your career goals.

Flexibility and Format

Consider course schedules, part-time/full-time options, and the format (asynchronous vs. synchronous) to fit your lifestyle and work commitments.

Faculty Expertise and Support Services

Research faculty qualifications and the availability of academic advising, career services, and tech support to help you succeed.

Program selection should balance curriculum quality, tuition, and alignment with personal goals. Reviewing niche programs like the affordable fashion merchandising degree online can show how targeted specializations and delivery formats influence long-term ROI, even outside traditional MBA paths.

What challenges might I encounter with an affordable online MBA in project management?

Prospective students should consider that the flexibility and affordability of online MBA programs can come with challenges. These include the need for self-discipline to manage asynchronous deadlines, potential limitations in virtual networking compared to in-person interactions, and variability in support services such as academic advising and career placement. Additionally, differences in accreditation and curriculum rigor across institutions may affect industry recognition and long-term career growth. Applicants are encouraged to conduct thorough comparisons and examine how each program addresses these challenges by also reviewing the best affordable online executive MBA programs.

What emerging trends are shaping affordable online MBA programs in project management?

Emerging trends in affordable online MBA programs in project management are reshaping course delivery and student engagement. Institutions are integrating advanced digital tools—such as AI-based simulations, virtual collaboration platforms, and real-time analytics—to ensure curricula align with rapidly evolving industry standards. These innovations also facilitate agile project management methodologies that respond to digital transformation within various sectors. Additionally, some programs now offer specialized modules to enhance skills in technology-driven financial management, as seen in complementary studies like an online finance bachelor's degree.

What career paths are available for graduates of affordable online MBA programs in project management?

Graduates of affordable online MBA programs in project management can pursue a variety of rewarding career paths across many industries. Common options include:

Project Management Roles

Graduates of affordable online MBA programs in project management have access to a broad range of career opportunities across various industries. One of the most common roles is Project Manager, where professionals are responsible for planning, executing, and closing projects while managing teams, budgets, and timelines. This role is vital in industries such as construction, IT, healthcare, and manufacturing.

Program and Operations Management

Another option is becoming a Program Manager, who oversees multiple related projects, ensuring they align with organizational goals and deliver strategic value. Program managers focus on coordination and resource allocation across projects. Many graduates also pursue roles as Operations Managers, where they improve business processes and workflows to increase efficiency and productivity. This role often involves managing teams and resources beyond just projects.

Product Management and Consulting

For those interested in product development, the role of Product Manager involves guiding the design, development, and launch of products, working closely with cross-functional teams. Finally, some graduates become Consultants, offering expert advice to organizations on project management best practices, risk management, and process improvements to enhance project outcomes.

MBA graduates can pursue roles as project managers, operations directors, or PMO analysts. Those interested in applied leadership might also explore paths highlighted in the low cost online Eds programs in leadership, which focus on strategic leadership across industries.

This chart showcases the leading employers of project management specialists, highlighting the industries and organizations with the highest concentration of these professionals. It offers a snapshot of current employment patterns and helps identify key sectors driving demand for project management expertise.

What is the job market for graduates of affordable online MBA programs in project management?

The job market for graduates of affordable online MBA programs in project management is robust and expanding, with strong demand across various industries.

Job Outlook

According to the U.S. Bureau of Labor Statistics (BLS), employment of project management specialists is projected to grow 7% from 2023 to 2033, faster than the average for all occupations. This growth is driven by the increasing need for organizations to manage complex projects efficiently. Approximately 77,000 openings for project management specialists are expected each year, on average, due to the need to replace workers who transfer to different occupations or exit the labor force.

Median Salary

As of May 2024, the median annual wage for project management specialists was $100,750. Salaries can vary based on industry, experience, and location. For instance, professionals in finance and insurance earned a median annual wage of $111,350, while those in construction earned $96,700.

Industry Demand

Industries such as professional, scientific, and technical services, construction, manufacturing, and finance and insurance are major employers of project management specialists. The demand for skilled project managers is particularly high in sectors undergoing digital transformation and infrastructure development.

Graduates of affordable online MBA programs in project management are well-positioned to capitalize on these opportunities, benefiting from a favorable job market and competitive salaries.

The chart below presents the median annual wages for project management specialists, offering a clear view of typical earnings in the field. It provides insight into compensation trends across industries and can serve as a benchmark for professionals evaluating career opportunities or salary expectations.

Here’s What Graduates Have to Say about Affordable Online MBA Programs in Project Management

Finishing my MBA in Project Management online gave me the tools to manage multimillion-dollar projects with confidence—and without drowning in student debt. It was empowering to grow professionally while staying on top of my job and family responsibilities. Latasha

Earning my affordable MBA in Project Management not only helped me get promoted but also sharpened my ability to lead diverse teams under tight deadlines. I was surprised how interactive and practical the courses were, even from behind a screen. Carlos

Completing my MBA in Project Management online felt like unlocking a new level in my career. I learned how to balance cost, scope, and time like a pro—and I graduated without compromising my financial future. Mei-Lin

Is the Return on Investment for an Affordable Online MBA in Project Management Justifiable?

Evaluating ROI involves not only tuition affordability but also long-term career growth and enhanced leadership skills. Graduates often witness accelerated career advancement, increased earning potential, and access to diverse project management roles. Data indicate that modest tuition fees—when compared with traditional programs—can offer competitive salary gains and broader industry recognition. Prospective students should examine program outcomes, network opportunities, and alumni achievements to determine if the investment meets personal career objectives. For further comparison of cost-effective options, explore the cheapest MBA online programs.

Key Findings

• Most affordable online MBA programs in project management require 36 to 45 credits to complete.
• Full-time students can finish in as little as 12 to 18 months, while part-time students may take up to 2 years or more.
• The average total tuition for these programs ranges from $9,000 to $15,000, significantly lower than the national $62,820 average for master’s degrees.
• 62% of MBA students in the U.S. receive some form of financial aid, such as federal aid, scholarships, or employer assistance.
• The median annual wage for project management specialists as of May 2024 is $100,750, with higher salaries in finance and insurance at $111,350.

Other Things You Should Know About Affordable Online MBA Programs in Project Management

Is an MBA in project management worth it?

Yes, an MBA in project management can be worth it for professionals seeking leadership roles. Graduates often see increased earning potential and career advancement opportunities. For instance, professionals with MBAs in project management earn an average base salary of $88,000 per year. Additionally, the U.S. Bureau of Labor Statistics reports a median annual wage of $98,580 for project management specialists.

Can I get an MBA in project management?

Yes, many accredited institutions offer online MBA programs with a focus on project management. These programs typically cover areas such as project planning, risk management, budgeting, scheduling, quality control, and team leadership. Programs like Franklin University's MBA in Project Management are designed to prepare students for leadership roles in project management.

Is it better to have a PMP or MBA?

The choice between a PMP certification and an MBA depends on career goals. A PMP certification is ideal for those looking to specialize in project management, offering practical expertise and faster attainment. Conversely, an MBA provides broader business knowledge and leadership skills, beneficial for those aiming for executive roles. Some professionals pursue both to enhance their qualifications.

What are the big 3 in project management?

The "Big 3" in project management refer to the three primary constraints: scope, time, and cost. These are often depicted as a triangle, illustrating how changes to one constraint affect the others. For example, increasing the scope of a project can lead to higher costs and extended timelines, and vice versa.

References:

• Byrne, J. A. (2025, January 15). Is the MBA poised for a rebound? New research finds upward trends in MBA enrollment, jobs & more. Poets & Quants.
• Education Data Initiative. (2024). Average cost of a master’s degree. Education Data Initiative.
• Successcribe. (2025). MBA scholarships in USA. Successcribe.
• U.S. Bureau of Labor Statistics. (2024). Project management specialists. Occupational Outlook Handbook. U.S. Bureau of Labor Statistics.
• Validated Insights. (2025). MBA Report 2024–2025. Validated Insights.