Thinking about getting an MBA in Los Angeles without breaking the bank? You’re not alone. LA is packed with opportunities—top companies, diverse industries, and world-class universities. But the cost of an MBA can be a dealbreaker for many.
The good news? You don’t need to spend six figures to earn a respected degree.
In this guide, we’ll walk you through the most affordable MBA programs in Los Angeles. You’ll discover schools that offer real value, flexible formats (like part-time and online options), and even financial aid to help you cut costs.
Whether you’re a recent grad, a working professional, or someone making a career shift, there’s a program here for you.
Let’s dive in—and find the right MBA program that fits your budget and goals.
Why Choose Los Angeles for Your MBA?
Strong Business Ecosystem
Los Angeles is home to many global companies, from tech startups to film studios. It’s the second-largest city in the U.S. and a major economic hub. If you’re looking to grow your business skills while being close to big brands like Snap Inc., Sony Pictures, or SpaceX, LA is the place to be.
Studying here also gives you access to a range of industries: entertainment, tech, finance, healthcare, and more. These sectors are always hiring MBA grads with the right skills.
Access to Diverse Industries (Entertainment, Tech, Finance)
Few cities can match LA’s industry mix. If you’re interested in working in media, companies like Warner Bros. are just around the corner. Want to break into finance or tech? You’ll find openings at major firms and fast-growing startups.
This kind of variety means you can shape your MBA experience around the career you want. Internships, guest lectures, and alumni networks are easy to tap into.
Networking and Internship Opportunities
In LA, networking happens everywhere—from classroom events to rooftop mixers. Most schools host regular events with alumni and local business leaders. You’ll meet people who can help you land jobs, internships, or even start your own venture.
Many MBA programs in LA also partner with local companies for hands-on experience. This means you can gain real-world skills while you’re still in school.
What Makes an MBA Program “Affordable”?
Tuition Fees Breakdown
Tuition is often the biggest cost of an MBA. But in Los Angeles, many schools offer great programs at lower prices—especially public universities.
Here’s a quick comparison:
| School Name | Estimated Tuition (Full MBA) | Type |
| Cal State LA | $24,000–$28,000 | Public |
| Cal State Northridge | $27,000–$30,000 | Public |
| University of La Verne | $33,000–$36,000 | Private |
| Mount Saint Mary’s University | $30,000–$34,000 | Private |
| Loyola Marymount University (Evening) | $45,000–$55,000 | Private |
These numbers are estimates and may vary by residency status and credit load. Always check the latest tuition rates on each university’s site.
Cost of Living Considerations in LA
LA isn’t the cheapest city to live in, but there are ways to keep costs down. Rent is higher near campuses like UCLA or USC, but more affordable in areas like the Valley or East LA.
Using public transport like the Metro can cut travel costs. Cooking at home and living with roommates can also help you save more each month.
Hidden Costs to Watch For (books, transportation, etc.)
Besides tuition and rent, other costs can add up fast. Think books, parking fees, lab access, or even software licenses.
Here’s a list of common extra costs:
- Books and course materials: $500–$1,000 per year
- Transportation and parking: $600–$1,200 per year
- Tech fees or student services: $200–$500 per year
Some schools include these in their total fees, while others don’t. Make sure to read the fine print when comparing costs.
Top Affordable MBA Programs in Los Angeles
California State University, Los Angeles (CSULA)
CSULA’s MBA program is one of the most affordable in LA. It’s AACSB-accredited and offers evening and weekend classes. Tuition is under $30,000 for the full degree. The school focuses on small class sizes and strong industry connections.
California State University, Northridge (CSUN)
CSUN offers a flexible part-time MBA designed for working adults. The program is also AACSB-accredited and known for its real-world approach. The tuition is around $27,000–$30,000.
Loyola Marymount University (Cost-Conscious Programs)
Loyola Marymount is a private university with a strong business reputation. While the total cost is higher than public schools, they offer evening MBA classes and generous scholarships. Their part-time MBA helps students keep working while studying.
University of La Verne
This private university offers a practical and flexible MBA at a lower cost than most private schools. It’s a good pick if you’re looking for smaller classes and personal attention. Tuition is about $33,000–$36,000.
Online and Part-Time Affordable MBA Options
Hybrid or Evening MBAs
Hybrid MBA programs mix online and in-person classes. They are great for students who work during the day but still want to learn face-to-face sometimes. Many schools in Los Angeles offer this option to keep things flexible.
Evening MBA programs are also common. These classes usually start after 6 p.m., making them perfect for full-time workers. Schools like California State University, Long Beach and CSUN offer strong evening options.
These programs keep costs down while giving you access to campus resources.
Fully Online Accredited Programs
Some MBA programs are now 100% online. You can study from home, save time on travel, and even keep your full-time job. Schools like National University and California Coast University offer online MBAs with lower tuition fees.
These programs are often self-paced, so you can finish faster or slower, depending on your schedule. Make sure the program is accredited by a group like AACSB, ACBSP, or WASC.
Who Should Consider These Formats?
Online and part-time MBAs are best for:
- Working professionals
- Parents or caregivers
- Students outside the LA area
- People who need a flexible schedule
These options offer the same degree as full-time programs—just with more flexibility and usually lower costs.
Financial Aid and Scholarships for MBA Students in LA
State and Federal Aid (FAFSA)
Most MBA students qualify for aid through the Free Application for Federal Student Aid (FAFSA). Even graduate students can get loans or work-study opportunities. If you have financial need, you may qualify for federal grants or low-interest loans.
California also has some state-level programs, like Cal Grants and Middle Class Scholarships, though these are more common for undergrads. Still, it’s worth checking with your school’s financial aid office.
University-Based Scholarships
Many MBA programs offer their own scholarships based on GPA, leadership, or financial need. Here are a few examples:
| School | Scholarship Options |
| Cal State LA | Merit scholarships for incoming MBAs |
| LMU | Graduate Business Scholarship |
| CSUN | Matador Scholarship Program |
| Mount Saint Mary’s University | Graduate Achievement Award |
These awards can lower your tuition by thousands of dollars. Check each program’s site for deadlines and requirements.
Assistantships and Employer Sponsorships
Some schools offer graduate assistantships. These let you work part-time on campus and get paid or receive a tuition break. Look for these openings through your department or Handshake, a tool many universities use.
Also, don’t forget employer help. Some companies offer tuition reimbursement for employees who want to advance their careers. Check with your HR department to see if this is available.
Tips to Minimize MBA Costs Without Sacrificing Quality
Attend a Public University
Public schools often have lower tuition than private ones. In California, schools in the California State University (CSU) and University of California (UC) systems offer strong business programs at a better price.
You get the same solid education, but at a fraction of the cost. Plus, these schools often have more aid options.
Apply for Early Admissions or Fellowships
Some MBA programs offer discounts or special funding for students who apply early. These might include:
- Early decision scholarships
- Tuition waivers for top applicants
- Fellowship programs for leadership or diversity
Apply as soon as applications open. It can save you thousands and increase your chances of getting in.
Consider Community College Pathways for Pre-MBA Courses
While you can’t get an MBA from a community college, you can take some of your business prerequisites there. Schools like L.A. City College and Santa Monica College offer low-cost business classes that may transfer into your MBA program.
This is a smart way to complete basics at a lower cost before jumping into the full MBA.
FAQs: Affordable MBA Programs in Los Angeles
Are there AACSB-accredited affordable MBA programs in LA?
Yes. Schools like Cal State LA and CSUN offer AACSB-accredited MBAs at lower tuition rates. This accreditation shows the program meets top global standards.
Can I work while doing an MBA in LA?
Absolutely. Many programs are part-time, evening, or online. They’re built for working professionals. Schools like Loyola Marymount University and Mount Saint Mary’s University support students who want to keep their jobs while studying.
What is the average salary after completing an affordable MBA?
Salaries vary by job and company. But according to PayScale, MBA grads in LA earn an average of $85,000–$110,000 per year. Some earn more, depending on their industry and role.
Do online MBA programs hold the same value as traditional ones?
Yes—if they are accredited. Programs from schools like National University and Cal State campuses offer full degrees that employers respect. Always check for proper accreditation, such as from AACSB.
Can international students apply for affordable MBA programs in LA?
Yes. Many schools welcome international students. They may need to meet extra requirements like TOEFL or visa rules. Visit Study in the States to understand the process.
Summary Table of Top Affordable MBA Programs
| University Name | Format | Tuition Estimate | Accreditation | Link |
| Cal State LA | Full-time/Evening | $24k–$28k | AACSB | Visit Site |
| Cal State Northridge (CSUN) | Part-time | $27k–$30k | AACSB | Visit Site |
| Loyola Marymount University | Evening/Part-time | $45k–$55k | AACSB | Visit Site |
| University of La Verne | Flexible Format | $33k–$36k | WASC | Visit Site |
| National University | Online | ~$20k–$25k | WASC | Visit Site |
| Mount Saint Mary’s University | Evening/Weekend | $30k–$34k | WASC | Visit Site |
Conclusion: Finding Your Best-Fit MBA Program in LA
Choosing an MBA is a big step—but it doesn’t have to come with a huge price tag. Los Angeles offers many high-quality, affordable programs that fit different lifestyles and budgets.
Whether you prefer in-person classes or online learning, want to study full-time or part-time, or need scholarships to help with costs, there’s something for you. Focus on schools that match your goals, offer strong career support, and have a solid reputation.
Be sure to apply early, ask about financial aid, and compare all your options. An affordable MBA in LA could be your path to new skills, better pay, and the career you want.
