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5+ Cheapest Online MBA Programs with No GMAT | 2023
Cheapest Online MBA Programs with No GMAT: If you have been putting off earning an online MBA because you haven’t yet taken the GMAT, you should seriously consider applying to online MBA programs that don’t need you to take the GMAT.
We have developed a list of the top online MBA programs that do not require applicants to have GMAT scores to make your search a little bit simpler.
What is an MBA?
A master’s degree in business administration is referred to as an MBA.
This postgraduate degree enables professionals to achieve greater success in their current line of work, switch to a different line of work, earn higher pay, or become qualified for a promotion.
The training for an MBA encompasses a wide variety of subjects, ranging from accounting and management to statistics and communication.
What Is the GMAT Test?
The abbreviation for the Graduate Management Admission Test is GMAT. This online multiple-choice test with a time limit is given to the test candidates.
The objective of the test is to establish a benchmark for the individual’s level of proficiency in reading, verbal, analytical, quantitative and writing skills.
Several schools have strict requirements for GMAT scores, such as a minimum score of 740 or higher. But you can still choose from a lot of good programs, and most of them don’t ask you to take any tests.
Is MBA Expensive?
The entire cost of an MBA degree depends on a variety of factors, including the length of the program, the school students attend, their residency status, and whether they are already enrolled.
MBA Today reported that the typical cost of an MBA could range anywhere from $55,727 to $161,810.
Because of the high expense of an MBA, many people are looking for the least expensive online MBA program that also does not require them to have a GMAT score.
Cheapest Online MBA Programs with No GMAT Exam
The cost of a traditional MBA degree has suddenly skyrocketed in recent years. Because of this, many students enrol in an online MBA program instead because it is cheaper.
If you are interested in earning a Master of Business Administration, we have produced a list of some of the most affordable online MBA programs currently accessible.
Some of the universities on this list offer online MBA programs that don’t require the GMAT.
1. University of the People:
UoPeople is one of the cheapest online MBA programs with no GMAT exam.
The University of the People is a completely online educational institution that has been granted accreditation and allows students to earn a free online master’s degree.
The University of the People’s online MBA program, which does not require a GMAT score, has the lowest estimated tuition cost, at just $2,940 per year.
2. Fitchburg State University:
Fitchburg State University’s online MBA in Management is a graduate degree that helps professionals get ready for new leadership challenges.
It also makes them ready for unique business opportunities locally and around the world.
Managers with an MBA are good at their jobs because they know how relationships, partnerships, and the culture of the workplace can affect the bottom line.
They’re also open to new ideas and innovations that can help a business grow.
The online Master of Business Administration program is a relatively new addition to Fitchburg State University’s online courses, but it is quickly proving to be both a rigorous and cost-effective option for students who want to get a master’s degree in business.
The online MBA in Management from Fitchburg State University is one of the most affordable MBA programs in the United States. All of the tuition and fees are included in the $12,510 cost of a degree.
3. Southeastern Oklahoma State University:
SEOU is a public university that has been around since 1909 and is located in the city of Durant.
The area is also known as the home of the Choctaw nation, an American Indian tribe whose headquarters are in the area.
You can get a well-known MBA online in as little as a year and for only $330 per credit hour. The cost of tuition at Southeastern Oklahoma State University is $5,022.
In addition, students who have no prior experience in business can level up by completing four pre-requisite classes that each last one week.
SEOU is one of the cheapest online MBA programs with no GMAT.
4. Missouri State University:
Missouri State University is part of a public university system, and its students come from all over Missouri, and the world.
The cost per credit is $320 but the annual fee for a degree is $13,767.
5. Saint Mary’s University:
A Master of Business Administration can be earned online through the University of Saint Mary. It emphasizes Catholic mission and values in conjunction with corporate responsibility and ethics.
They work on their management skills and learn how to take calculated risks so that they can become ethically responsible business leaders one day.
The curriculum encourages people to think critically about how their actions affect an organization’s business and its brand’s reputation.
The cost of each credit is $735 and the total fee for a degree program is $22,050.
6. Tarleton State University:
The School of Business Administration at Tarleton State University has one of the most affordable online MBA programs that doesn’t require the GMAT.
Through this program, MBA students will improve their abilities to lead, make decisions, and think critically in all functional business areas, including finance, management, information systems, marketing, accounting, and company strategy.
Tarleton University is one of the best options for students looking for a Master of Business Administration degree that does not require them to take the GMAT.
Frequently Asked Questions on Online MBA Programs no GMAT:
Are online MBAs taken seriously?
You won’t be considered seriously for a job if you earned your MBA online from a school that isn’t accredited. To be accredited is to have attained a benchmark of educational excellence. Accreditation might either be on a regional or nationwide scale.
Do employers care if MBA is online?
A degree earned online should be given the same weight as one earned in a traditional classroom setting by prospective employers. It’s the reputation of the institution that matters most to potential employers, not how the degree was earned.
Is an MBA a prestigious degree?
The MBA has become one of the most popular and respected graduate degrees.
Is an MBA a lot of math?
Math, algebra, statistics, and probability are all used often in the business world, but their use is most common in high school and among business students. When dealing with exotic topics like derivatives, MBA math can deviate into the realms of calculus and linear programming.
Conclusion
Many educational institutions place considerable emphasis on either a verifiable professional employment background or an earned postgraduate degree.
But, for online MBA schools that don’t require the GMAT, the aforementioned factors are now used to evaluate an applicant’s academic and professional achievement potential.
Awesome one; I hope this article answered your question.
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