GetEducated.com reviewed 62 schools with online MBA programs accredited by the Association to Advance Collegiate Schools of Business offering quality education to a national audience at a low cost, below $25,000.
TTU's Distance MBA ranked number seven, offering an in-state tuition of $12,240 and out-of-state tuition for $25,620. The national tuition average for an AACSB accredited distance MBA is $32,200.
"Our program has consistently been ranked at the top of this list because we are clear in our mission to offer a quality, affordable education," said Bob Wood, College of Business assistant dean.
The survey results are based on a Fall 2007 survey of publicly posted tuition rates at 168 distance-learning MBA programs offered through accredited U.S. universities. TTU is among the approximately 20 percent of U.S. business schools that hold AACSB accreditation, the highest attainable level of accreditation.
TTU's distance-learning approach features faculty lectures on CD-ROM combined with Internet communication among students and faculty. Case discussions, virtual project teams and other active-learning approaches are used to make a strong connection between academic subjects and the issues facing managers in today's global, highly technological business environment.
About 160 students from such firms as BellSouth, Federal Express, HCA, TVA, and Nissan are enrolled in TTU's Distance MBA program.
"Our program has a number of unique tracks for the working professional, including a concentration in risk management and insurance," said Wood. "We also offer a concentration providing opportunities for our students to earn a Six-Sigma green belt and black belt while completing the MBA degree."