Pursuing an accredited online MBA program in Virginia can be a smart decision if you want to grow your career in business, management, or entrepreneurship. Virginia is home to many respected universities offering affordable online MBA programs that allow working professionals to study at their own pace while maintaining a full-time job.

In this guide, we will carefully explore the 10 cheapest accredited online MBA programs in Virginia for 2025. Each program offers a balance of low tuition, strong accreditation, flexible schedules, and career-focused learning outcomes.

We will also cover why affordability matters, what makes an MBA valuable, how to choose the right program, financial aid options, and FAQs that address common concerns from prospective students.


Why Choose an Online MBA Program in Virginia?

Virginia is one of the top education hubs in the U.S. With its mix of public and private universities, the state offers flexible, accredited MBA options that meet the needs of busy adults.

Key benefits include:

  • Affordability: Many Virginia schools provide competitive tuition rates compared to private schools in other states.

  • Flexibility: Fully online formats allow students to balance work, family, and studies.

  • Accreditation: Most MBA programs in Virginia hold AACSB, ACBSP, or regional accreditation, ensuring quality education.

  • Career Opportunities: Virginia has strong job markets in finance, IT, healthcare, and government sectors—fields where MBA graduates thrive.


Factors to Consider Before Choosing an Online MBA in Virginia

When looking for the cheapest accredited online MBA programs, don’t focus only on tuition. Consider:

  1. Accreditation – Ensures employers recognize your degree.

  2. Program Length – Accelerated (12–18 months) or standard (2 years).

  3. Tuition & Fees – Check per credit costs, residency requirements, and extra fees.

  4. Specializations – Finance, HR, Marketing, Healthcare, IT, etc.

  5. Flexibility – Asynchronous vs. synchronous classes.

  6. Career Support – Internship, networking, and career services.


Top 10 Cheapest Accredited Online MBA Programs in Virginia

Below is a detailed breakdown of the 10 most affordable accredited online MBA programs in Virginia for 2025.

1. James Madison University (JMU) – College of Business

  • Accreditation: AACSB

  • Estimated Tuition: $24,000–$26,000 total

  • Program Highlights:

    • Highly ranked nationally for affordability and value

    • Focus on leadership and decision-making

    • Hybrid model with mostly online classes and occasional residencies

  • Best For: Professionals seeking a respected degree with national recognition


2. Old Dominion University (ODU) – Strome College of Business

  • Accreditation: AACSB

  • Estimated Tuition: $21,000–$23,000 total

  • Program Highlights:

    • Fully online, flexible schedule

    • Multiple concentrations (finance, marketing, supply chain)

    • Designed for working professionals

  • Best For: Students needing complete online flexibility


3. Radford University – College of Business and Economics

  • Accreditation: AACSB

  • Estimated Tuition: $19,000–$21,000

  • Program Highlights:

    • Affordable tuition compared to other AACSB schools

    • Strong regional reputation in business and finance

    • Focus on applied learning

  • Best For: Students seeking low tuition with a focus on practical skills


4. Liberty University – School of Business

  • Accreditation: ACBSP

  • Estimated Tuition: $16,000–$18,000

  • Program Highlights:

    • One of the largest online universities in the U.S.

    • Over 20+ specializations (Accounting, HR, Healthcare, IT)

    • 100% online, flexible terms

  • Best For: Students seeking customization and multiple concentration options


5. University of Lynchburg – College of Business

  • Accreditation: ACBSP

  • Estimated Tuition: $18,000–$20,000

  • Program Highlights:

    • Emphasis on leadership and real-world business strategies

    • Small class sizes with personal mentorship

    • Online with optional campus activities

  • Best For: Students wanting more personalized instruction


6. Virginia Wesleyan University – Global Campus MBA

  • Accreditation: ACBSP

  • Estimated Tuition: $15,000–$17,000

  • Program Highlights:

    • One of the lowest tuition MBA programs in Virginia

    • Focus on ethical business practices and sustainability

    • Fully online, designed for adult learners

  • Best For: Budget-conscious students seeking affordability


7. Regent University – School of Business & Leadership

  • Accreditation: ACBSP

  • Estimated Tuition: $16,500–$18,500

  • Program Highlights:

    • Christian-based university with leadership focus

    • Flexible online classes with global networking

    • Over 10 concentration options

  • Best For: Students interested in values-based leadership


8. Hampton University – School of Business

  • Accreditation: ACBSP

  • Estimated Tuition: $20,000–$22,000

  • Program Highlights:

    • Historically Black University (HBCU) with strong business programs

    • Online MBA with small class sizes

    • Focus on innovation and entrepreneurship

  • Best For: Students seeking an HBCU experience with online convenience


9. Averett University – Graduate & Professional Studies

  • Accreditation: ACBSP

  • Estimated Tuition: $17,000–$19,000

  • Program Highlights:

    • Accelerated program format available

    • Leadership and strategic management emphasis

    • Designed for working professionals

  • Best For: Students wanting a quicker MBA completion time


10. Marymount University – School of Business and Technology

  • Accreditation: AACSB

  • Estimated Tuition: $25,000–$27,000

  • Program Highlights:

    • Strong academic reputation in the Washington, D.C. metro area

    • Online format with networking opportunities

    • Career-focused curriculum

  • Best For: Students seeking networking opportunities in Northern Virginia


Benefits of Choosing a Cheap Online MBA in Virginia

  • Save Money: Graduate without massive student loan debt.

  • Flexibility: Balance work, life, and studies.

  • Accredited Degrees: Employers value your credentials.

  • Career Growth: Open doors to leadership roles in business, finance, healthcare, and government.


Cost Comparison of the Top 10 Cheapest Online MBA Programs in Virginia

University Accreditation Tuition Estimate Format Best For
James Madison University AACSB $24K–$26K Hybrid/Online National reputation, leadership focus
Old Dominion University AACSB $21K–$23K 100% Online Flexibility, working adults
Radford University AACSB $19K–$21K 100% Online Affordable AACSB program
Liberty University ACBSP $16K–$18K 100% Online Wide range of concentrations
University of Lynchburg ACBSP $18K–$20K Online Personalized learning experience
Virginia Wesleyan University ACBSP $15K–$17K 100% Online Lowest-cost option
Regent University ACBSP $16.5K–$18.5K 100% Online Christian-based leadership
Hampton University ACBSP $20K–$22K 100% Online HBCU, entrepreneurship focus
Averett University ACBSP $17K–$19K Accelerated Quick completion, working adults
Marymount University AACSB $25K–$27K 100% Online D.C. networking opportunities

Frequently Asked Questions (FAQs)

1. What is the cheapest accredited online MBA in Virginia?

Virginia Wesleyan University offers one of the most affordable accredited online MBAs, with tuition as low as $15,000.

2. Are online MBA programs in Virginia respected?

Yes, especially those with AACSB or ACBSP accreditation, as employers recognize these degrees.

3. How long does it take to finish an online MBA in Virginia?

Most programs take 18–24 months, though accelerated programs can be completed in as little as 12 months.

4. Can I work full-time while earning an online MBA?

Yes. These programs are designed for working adults, with flexible schedules.

5. Do online MBAs offer specializations?

Yes. Many schools in Virginia offer concentrations like finance, HR, healthcare, IT, marketing, and supply chain.

6. Do I need a business degree to apply for an MBA?

Not always. Many programs accept students from different backgrounds, though prerequisites may be required.

7. Are there financial aid options for online MBAs?

Yes. Students can apply for FAFSA, scholarships, employer tuition assistance, and grants.

8. Which Virginia MBA programs are AACSB accredited?

James Madison University, Old Dominion University, Radford University, and Marymount University.

9. What jobs can I get with an MBA?

MBA graduates often work in management, consulting, finance, marketing, entrepreneurship, and government leadership.

10. Is an online MBA worth it in 2025?

Yes. It provides career advancement, higher earning potential, and leadership opportunities, especially when earned at a lower cost.


Conclusion

Choosing one of the cheapest accredited online MBA programs in Virginia allows you to earn a respected degree without the financial burden. Schools like Virginia Wesleyan, Liberty, Radford, and JMU provide flexible, affordable options that fit the needs of working adults.

If your goal is to advance your career, increase your earning potential, and gain leadership skills, an online MBA from Virginia in 2025 could be the right step for you.