Affordable Online Master’s Degrees and MBA Programs in International Business

Professionals in the field of international business bring together the human and material resources necessary to achieve an organization’s international commerce goals. A career in this field typically involves global travel, crafting business plans, understanding various cultures and competitors, and adapting this knowledge to better sell the product or service your organization provides. This industry is vital for the continued growth of a global economy, and is forecasted to experience 8% growth through 2024.

Whether you are a working business professional seeking career advancement or a non-business professional looking to develop advanced business skills, completing an MBA in international business online can be a great way to move forward. Online courses are usually cheaper than a traditional degree plan and provide flexible academic schedules for busy learners. Students can even retain their current jobs and income while studying online during their free time. Skills learned during the course of an online master’s in international business program generally include risk evaluation, communication, and international awareness (including topics such as politics, trade regulations, and cultural sensitivities).

If you want to take part in this rapidly growing and lucrative field, finding the right online MBA in international business program is an important first step. Listed below are multiple accredited master’s programs ranked by factors including return on investment and tuition rate cost.


10 Affordable Online Master's Degrees in International Business
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1

National University

Value Score 8.39
Average Tuition $10,962
Percentage of Students in Online Programs 66%
Number of Online Programs 39

A private, nonprofit university with 28 locations in California and Nevada, NU offers an affordable online MBA - international business specialization with an option to travel to a foreign location to study in an immersive business environment. Coursework includes global business and strategic planning, comparative international management, and an international entrepreneurship project.

With a simplified rolling admissions process and classes that start every month, students can enroll anytime, and distance learners pay in-state tuition. No GRE or GMAT scores are required from students with a GPA over 2.5. 63 quarter units are required, and all classes are delivered asynchronously. In some cases, there are in-person attendance requirements for group projects. Up to 13.5 credits of relevant graduate coursework may be accepted in transfer. Courses are delivered in an accelerated one-course-per-month format, allowing students to concentrate fully on one subject at a time. Most students complete the program within two years.


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2

Indiana Wesleyan University - Marion

Value Score 8.22
Average Tuition $9,265
Percentage of Students in Online Programs 84%
Number of Online Programs 30

A private evangelical school affiliated with the Wesleyan church, IWU seeks students with a commitment to Christian values-based living, and features a unique and innovative online master's in international business. Its virtual master of business administration in international business uses VR technology similar to that used in Second Life. Students become trainees in a virtual manufacturing company, and learning assessments occur in real time, as they would in on the job training. Online students also have access to digital libraries.

Students take one three-credit, nine-week course at a time, and all courses are delivered asynchronously. The program requires 36 credit hours and is completed over 25 months, culminating in a capstone project. The total cost of the program is determined prior to enrollment, so budget-conscious students can plan accordingly. Admission requires a 2.5 minimum GPA, and students can transfer a maximum of six credits of equivalent graduate coursework.


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3

Gardner-Webb University

Value Score 7.71
Average Tuition $7,380
Percentage of Students in Online Programs 52%
Number of Online Programs 8

A private baptist college located in Boiling Springs, North Carolina, GWU emphasizes the integration of Christian faith, compassion, character building, and scholarship. GWU's international MBA program promotes continuous personal and professional development of leadership skills that are valued in jobs for international business majors, with the objective of changing the way students think and work.

The school offers an affordable international master of business administration delivered fully online and asynchronously through the Blackboard system. 36 credits are required -- 30 core curriculum credits, and six credits of electives -- and the program can be completed in two years by taking two courses per semester. GMAT scores and a minimum 2.5 GPA are required for admission, and the program features a rolling application deadline. With a low student-to-faculty ratio and a strong commitment to the school's values and heritage, GWU's respected and flexible online MBA program has much to offer.


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4

Concordia University - Wisconsin

Value Score 7.15
Average Tuition $9,864
Percentage of Students in Online Programs 46%
Number of Online Programs 25

A private Christian school associated with the Lutheran Church, Concordia integrates religious values and education with a high academic standard. The school attracts a diverse student body, including 40% international students. Concordia's online MBA - international business offers interesting course options, including an opportunity to study abroad, and an industry leaders seminar series featuring both on-campus and online components. An online graduate certificate in international business is also available.

Enrollees can start the program at any time. A 3.0 GPA is required for admission, and GRE or GMAT scores are not required. 39 credits are required: 24 credits of core coursework and 15 in international business, culminating in a capstone project. Accelerated coursework options are also available, and previous graduate coursework can be evaluated for possible transfer credit. Military personnel, veterans, and their families may be eligible for tuition assistance. Most students complete the program in two years.


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5

Oklahoma Baptist University

Value Score 6.83
Average Tuition $8,100
Percentage of Students in Online Programs 44%
Number of Online Programs 4

OBU, a small private Christian school located in Shawnee, Oklahoma, emphasizes academic excellence while offering cheap online degree options. The school's MBA - international business places a strong focus on business ethics that can be taken completely online, or as a hybrid of online and campus-based coursework. The program includes a capstone project and an international business practicum opportunity to travel abroad (the cost of this immersive internship is included in the tuition).

Applicants are admitted on a rolling basis, and no application fee is required. GRE or GMAT scores and a minimum GPA of 3.0 are required for admission; students with a GPA of at least 2.5 may be admitted conditionally. 36 credits are required, taken one class at a time, and most students complete the program in 18 months to two years.


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6

Tiffin University

Value Score 5.70
Average Tuition $12,600
Percentage of Students in Online Programs 59%
Number of Online Programs 17

Focused on working professionals interested in acquiring the industry-relevant skills most highly valued by employers, TU in Tiffin, Ohio offers a master of business administration - international business concentration tailored toward preparation for international business jobs. Students set their own pace, taking one class or multiple classes at a time. Small class sizes, usually 10 to 15 students, foster an attentive instructional environment.

The school admits applicants on a rolling deadline, with no application fees and no GRE or GMAT scores requirement, and transfer credits may be accepted. A minimum 3.0 GPA is generally required, but students with a GPA of 2.5 or higher may be accepted with at least five years of relevant work experience.

The program is offered online in two seven-week terms per semester. Program start dates are flexible -- students may begin in January, March, May, July, August, or October. Average degree completion time for full-time students is one and a half years (or two and a half years for part-time students).


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7

Southern New Hampshire University

Value Score 5.38
Average Tuition $18,810
Percentage of Students in Online Programs 92%
Number of Online Programs 33

The online international master of business administration at SNHU, a private institution in Manchester, NH, is a unique program focused directly on international business, rather than as a specialization within a general MBA. After completing the core curriculum, students can select either an electives track with three classes of their choice, or a concentrations track with a specific career-oriented focus.

The concentrations track offers more than 20 specialties to prepare for a wide range of jobs in international business, including accounting, criminal justice, healthcare management, leadership, social media marketing, and sustainability. A graduate certificate in international business is also offered.

SNHU admits applicants on a rolling deadline, and no GRE or GMAT scores are required. The school will make an admission decision within days of receiving a completed application. 39 credits are required, and the program can be completed in 18 months. There is a 25% tuition discount for active duty military and their spouses.


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8

University of Scranton

Value Score 4.94
Average Tuition $11,112
Percentage of Students in Online Programs 57%
Number of Online Programs 9

A private Catholic school in Scranton, Pennsylvania, Scranton offers a completely online MBA - international business specialization with a particular focus on the Jesuit tradition. The school's curriculum is flexible, with a strong focus on globalization, ethics, and environmental sustainability. Students take the cornerstone and capstone courses, and then select at least four core courses and three to six electives. Course options include global health management, global marketing, and international accounting. All courses are delivered asynchronously.

The selective admissions process requires a minimum 3.0 GPA, an informal interview with a program manager, and at least three years of professional or supervisory work experience. GMAT scores are not necessarily required, but completion of a case study on a topic provided by the program manager is part of the application process. Completion of 36 credit hours is required, and the program can be completed in two years.


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9

Florida Institute of Technology

Value Score 4.30
Average Tuition $16,128
Percentage of Students in Online Programs 100%
Number of Online Programs 12

FIT is a private, independent, and research-focused school located in Melbourne, Florida. The school's MBA - international business online program is based on a collaborative education model rooted in a case method approach. Students create a business plan, develop critical thinking skills, learn to balance a budget, and use statistical data to conduct risk assessments. Interesting courses include cross-cultural management, organizational behavior, legal aspects of healthcare, and investment management.

The 36-credit fully online program takes two years or less to complete, and its core curriculum requires six courses of eight weeks each, including two faculty-approved directed electives and a capstone course in global strategic business management. Four additional courses must be completed in the international business specialization.

Applicants are admitted on a rolling deadline, and up to 12 credits of graduate coursework can be considered for transfer. Military veterans and their dependents are eligible for a 10% tuition discount.


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10

Dallas Baptist University

Value Score 4.30
Average Tuition $14,814
Percentage of Students in Online Programs 45%
Number of Online Programs 12

Supported by an encouraging community, DBU's fully online MBA - international business concentration offers a baptist values-centered higher education with an emphasis on the integration of Christian principles and rigorous scholarship. The school makes dual degree options available, combining the MBA with global leadership, ministry, communication, or education.

Completion of 36 credits is required for a single concentration (or 48 credits for a dual concentration). The school delivers all courses asynchronously, and two required courses have a field-based service learning requirement. With a single concentration, the program can be completed in two years. Admissions are rolling and selective; factors considered include personality and character, leadership potential, professional or military work experience, potential for service as a Christian professional, and GRE or GMAT scores. Students may petition for up to 12 hours of transfer graduate credit.


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