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Executive MBA Cost: 10 Of The Most Affordable EMBA Programs

The cost of an Executive MBA could set you back substantially, but it doesn't have to. Here are 10 of the most affordable EMBA programs

Tue Feb 1 2022

Choosing to study an Executive MBA (EMBA) isn’t cheap. The world of graduate management education demands high fees in exchange for the return on investment you see if you work hard during your degree.

But going to business school to gain the experience and skills needed for executive leadership doesn’t have to break the bank. Although Executive MBA programs do tend to lean on the expensive side, not all of the world’s top programs will set you back six figures.

Here are 10 of the most affordable Executive MBA programs, according to the BusinessBecause Special Report, Executive MBA Insights: 10 Leadership Challenges For 2022.*

Download the BusinessBecause guide, Executive MBA Insights: 10 Leadership Challenges For 2022


Discover the 10 leadership challenges facing business leaders in 2022, and find out how you can overcome them with an Executive MBA

10. Santa Clara University’s Leavey School of Business
Executive MBA cost: $111, 715

In at number 10 is the Executive MBA at Santa Clara University’s (SCU) Leavey School of Business. The Executive MBA cost is still six figures, but on the lower end when compared to some EMBAs. The SCU EMBA is ranked 13th in the US by US News & World Report.

Students on the 20-month program take coaching sessions with Silicon Valley executives, as well as bootcamps on innovation, leadership and decision making, mindfulness, technology management, and legal fundamentals. There are also simulations on entrepreneurship and branding.

9. HEC Paris
Executive MBA cost: $104,000

The HEC Paris Executive MBA is ranked as the best in the world in the Financial Times EMBA ranking. The program is part-time, and studying takes place over 15-to-18 months. The classroom is also internationally diverse, with an average of 50 nationalities represented.

The HEC Paris EMBA offers a tailored education, and classes take place in Paris and Jouy-en-Josas, or Doha and Riyadh, depending on the track you choose.



8. The University of Cambridge Judge Business School
Executive MBA cost: $103, 831

The Cambridge EMBA equips business leaders with the core competencies required to work within the context of global business. The program promises intellectual rigor, and that it’ll prepare executives to demonstrate an entrepreneurial mindset to facilitate innovation within an organization.

Depending on travel restrictions, the program also takes students on an international study trip to Shenzhen, China’s technological hub.

7. IE Business School
Executive MBA cost: $92, 704

Spain’s IE Business School is the first school in the list of affordable Executive MBA programs to come in at under six figures.

The $92,000 Global EMBA program takes place over 15 months, and the blended delivery format means students learn online, as well as in international hubs like Madrid, London, Singapore, and Los Angeles.

6. Arizona State University’s W.P. Carey School of Business
Executive MBA cost: $88,222

Arizona State University’s EMBA program takes 21 months to complete, and the tuition fee is the same for state residents, non-residents, and international students.

Students are educated on all the core foundations of business and management, and tailored leadership courses examine the issues leaders face from initial concept to final implementation of organization value creation.

There’s also a capstone strategy course integrated throughout the Executive MBA, which culminates with a strategic analysis of your own organization.



5. CUHK Business School
Executive MBA cost: $86,046

The CUHK EMBA blends the eastern and western business worlds to train leaders capable of overcoming tomorrow’s challenges in Hong Kong, mainland China, and the rest of the world.

At just over $86,000, it’s one of the most affordable EMBA programs in the world. By graduating from the school, you’ll become part of an EMBA alumni network of more than 1,300 professionals, on whom you can draw to overcome the business challenges you’ll face in your daily career.

4. National University of Singapore (NUS) Business School
Executive MBA cost: $81,705

There’s a strong Asia-Pacific focus on the NUS EMBA program, and the 15-month program is split into six, two-week residential segments.

Modules include Managing Change and Disruption, Governance and Sustainable Business, Technology, Innovation, and Entrepreneurship, and Asia and the Global Economy.

Teaching takes place across the region, and students learn in Singapore, Jakarta and Ho Chi Minh, Shanghai and Shenzhen, Delhi, Tokyo, and Sydney.

3. ESCP Business School
Executive MBA cost: $79,430

The ESCP EMBA can be taken over 18, 22, 30, or 34 months, and the school’s multiple campuses mean modules are delivered across Berlin, London, Madrid, Paris, and Turin.

Core modules include Corporate Strategy, Managing People & Organizations, Supply Chain Management, and Responsible Leadership & Sustainability, while international seminars educate students on the intricacies of developing markets like Brazil, China, and India.

As an ESCP EMBA alum, students can also complete up to two additional electives every year.



2. ESADE Business School
Executive MBA cost: $74,677

Students on ESADE’s Executive MBA can choose between weekly, monthly, or hybrid delivery.

The program also promises an international experience, with overseas modules offered in partnership with schools like Copenhagen Business School in Denmark, NUS in Singapore, and UCLA Anderson School of Management in the US.

There’s also an International Immersion Experience during the degree, either in Tel Aviv or Berlin, and two optional study experiences in the US and South Africa.



1. Warwick Business School
Executive MBA cost: $67, 029

Warwick Business School offers the most affordable Executive MBA, according to the BusinessBecause Special Report. The Warwick EMBA is also ranked sixth in the world by the Financial Times, and first in the UK.

Students in the school’s most recent EMBA classroom had an average age of 37 with average work experience topping 14 years. There were also 21 countries represented on the program.

The Warwick EMBA offers the chance to specialize too. Students can take a specialism in healthcare, finance, entrepreneurship, or strategic leadership.

Next Read: Is An Executive MBA Worth It?

*The programs featured here are the most affordable EMBAs ranked in the top 20 in either the FT, QS, or US News 2021 EMBA rankings.