The Best MBA Schools, Programs and Specializations in Iowa

Iowa’s strong agricultural sector, growing financial services industry, and expanding healthcare and technology markets make it a prime location for MBA students. Home to major companies like Principal Financial Group, Rockwell Collins, and Hy-Vee, Iowa offers a wealth of career opportunities for business professionals looking to advance in leadership roles.

According to the Iowa Workforce Development, the state’s business and financial occupations are expected to grow steadily, making an MBA a valuable investment for career advancement. With Iowa’s cost of living lower than the national average, earning an MBA provides a high return on investment while allowing students to maintain their professional and personal responsibilities.Online MBA programs in Iowa allow working professionals to specialize in areas such as business analytics, healthcare management, and financial management without pausing their careers.

Iowa’s Master of Business Administration Degree Overview

This guide explores Iowa’s best online MBA programs, covering key factors such as rankings, affordability, program speed, and admissions requirements. Whether you’re a working professional looking for career growth or an entrepreneur aiming to build a strong business foundation, Iowa’s online MBA programs offer the flexibility and industry connections needed for success.

Iowa Business Schools, Programs and Tuition Snapshot

MetricDetails
Total Programs7
Average Tuition Range$20,000 – $40,000
Online Availability3 fully online options
Most Popular SpecialtiesFinance, Marketing, Management
Top-Ranked SchoolUniversity of Iowa (Tippie College of Business)
Projected Job GrowthSlightly Positive

Disclaimer: The information provided in this table is for general guidance only and is based on publicly available data and projections. Tuition costs, program availability, and job growth rates can change over time. We encourage prospective students to conduct their own research, verify details directly with universities, and consult official sources before making any educational or career decisions.

2025 – Best Online MBA Degree Programs in Iowa

An online MBA from an Iowa university equips students with leadership, analytical, and strategic decision-making skills. With specialized concentrations and flexible learning formats, Iowa’s MBA programs cater to professionals seeking to enhance their business expertise and advance their careers.

Iowa’s universities emphasize career-driven curriculums, networking opportunities, and faculty mentorship. Whether pursuing a general MBA or a specialized track in finance, marketing, or supply chain management, these programs align with Iowa’s evolving business landscape.

Choosing the right online MBA program requires evaluating accreditation, faculty expertise, and industry ties. Iowa’s universities offer respected online MBA programs that provide graduates with the skills and connections necessary for long-term success.

Learn more about our methodology

#1

Drake University

Des Moines, IA - Private 4-year - drake.edu

Master's - Master of Business Administration (MBA)

Concentration: Health Care Management - Online Learning - Visit Website

Drake University's online MBA with a Health Care Management concentration offers a flexible, asynchronous learning format ideal for working professionals. This 36-credit hour program focuses on developing strategic leadership skills specifically for healthcare settings, preparing graduates for roles like hospital administration. At $718 per credit hour, it's an affordable option that can be completed in two years part-time through six-week course modules. Notably, no GMAT or GRE is required for admission, and the program is AACSB accredited with expert practitioner faculty.

  • 100% Online MBA Program
  • Healthcare Management Concentration
  • $718 per Credit Hour
  • No GRE/GMAT Required
  • Two-Year Part-Time Format
  • Six-Week Course Modules
  • Customizable Curriculum
  • AACSB Accredited
  • Expert Practitioner Faculty
  • No Application Fee

Master's - Master of Business Administration

Concentration: Health Care Management - Online Learning - Visit Website

Drake University's online Master of Business Administration program features a Health Care Management concentration designed for career advancement in healthcare leadership. This fully online program emphasizes analytical reasoning and ethical decision-making within healthcare contexts, with a customizable curriculum that accepts transfer credits. Priced at $718 per credit hour, the 36-credit program requires no GMAT or GRE exam and follows a two-year part-time completion schedule with six-week course formats, making it accessible for working professionals.

  • Healthcare Management concentration
  • Fully online asynchronous program
  • $718 per credit hour
  • No GRE/GMAT required
  • 36 credit hours total
  • Two-year part-time completion
  • Six-week course format
  • No application fee
  • Customizable curriculum
  • Transfer credits accepted
Show 1 More Programs ˅
#2

University of Iowa

Iowa City, IA - Public 4-Year - uiowa.edu

Master's - MBA/JD Dual Degree

Online & Campus Based - Visit Website

The University of Iowa's MBA/JD Dual Degree is a hybrid program that merges legal and business education, preparing graduates for corporate law, estate planning, and mergers and acquisitions. It requires 33 semester hours of MBA coursework alongside JD requirements, with both online and in-person options in Iowa City. Admission does not require GMAT or GRE scores but mandates 18 months of post-baccalaureate work experience. Tuition varies by course load and residency. This program is ideal for those seeking leadership roles at the intersection of law and business, offering flexible scheduling and comprehensive training.

  • Hybrid program format
  • 33 semester hours required
  • No GMAT/GRE needed
  • 18 months work experience required
  • Flexible course scheduling
  • Combines law and business education
  • Prepares for corporate law roles
  • Tuition varies by course load
  • Online and in-person options
  • Comprehensive legal and business training

Master's - MBA & MD Dual Degree

Online & Campus Based - Visit Website

The University of Iowa's MBA & MD Dual Degree is a hybrid program completed in five years, blending clinical expertise with business skills to develop healthcare leaders. It includes 33 semester hours of MBA coursework, with online and on-campus options, and waives the 18-month work experience requirement. Admission does not require GMAT or GRE scores, and tuition follows medical school rates with additional MBA fees. Focused on navigating healthcare complexities, this program saves time and money while offering flexible scheduling for medical students aiming to enhance their business acumen.

  • Hybrid program format
  • Five years to complete
  • No GMAT or GRE required
  • 33 semester hours MBA coursework
  • Medical school tuition rates
  • Waived work experience requirement
  • Combines clinical and business education
  • Focus on healthcare leadership
  • Flexible course scheduling
  • On-campus and online options
Show 1 More Programs ˅
#3

University of Dubuque

Dubuque, IA - Private 4-year - dbq.edu

Master's - Master of Business Administration

Concentration: General Business - Online Learning - Visit Website

The University of Dubuque's online Master of Business Administration with a General Business concentration provides a flexible path for career advancement without requiring a GMAT entrance exam. This 100% digital program can be completed in just 15 months through eight-week courses, offering multiple specializations in areas like analytics, finance, and marketing. Priced at approximately $15,000, it emphasizes market-relevant skills and includes part-time options for working professionals, along with skills badges to enhance credentials.

  • 100% online MBA program
  • 15-month completion possible
  • No GMAT required
  • Affordable $15K tuition
  • Multiple specialization options
  • Eight-week course format
  • Skills badges available
  • No application fee
  • Minimum 2.75 GPA required
  • 36 total credit hours
#4

Upper Iowa University

Fayette, IA - Private 4-year - uiu.edu

Master's - Master of Business Administration

Concentration: Human Resource Management - Online Learning - Visit Website

Upper Iowa University's online MBA in Human Resource Management focuses on advanced HR leadership, aligning with SHRM guidelines. The program covers labor relations, organizational theories, compensation planning, and HR development through five specialized courses. It is delivered entirely online with flexible learning options, six annual start dates, and can be completed in 1-2 years. No GRE or GMAT is required for qualified candidates, and tuition is $642 per credit hour with a 2.75 GPA minimum.

  • 100% Online MBA Available
  • No GRE/GMAT Required
  • SHRM Curriculum Aligned
  • $642 per Credit Hour
  • Complete in 1-2 Years
  • 6 Annual Start Dates
  • Flexible Learning Options
  • 2.75 GPA Minimum
  • 5 Specialized HR Courses
  • 36 Total Credit Hours
#5

Morningside University

Sioux City, IA - Private 4-year - morningside.edu

Master's - Master of Business Administration

Online & Campus Based - Visit Website

Morningside University's MBA MyWay program is a hybrid master's degree designed for working professionals, blending online and in-person learning for flexibility. The curriculum emphasizes strategic management, leadership, and modern business technologies, with courses in finance, marketing, organizational behavior, and data analytics. At $400 per credit hour and under $15,000 total, it's affordable and can be completed in 1-3 years through 8-week courses with five yearly start times. The program does not require an entrance exam like the GMAT, and its asynchronous online components allow for self-paced study, supported by small classes and customizable electives.

  • 36 total credit hours
  • $400 per credit hour
  • Online and in-person options
  • 8-week course format
  • Full-time or part-time
  • Can complete in 1-3 years
  • No additional fees
  • Rolling application
  • Five start times yearly
  • Customizable elective courses
#6

Maharishi International University

Fairfield, IA - Private 4-year - miu.edu

Master's - MBA in Accounting

Online Learning - Visit Website

Maharishi International University offers an online MBA in Accounting designed for professionals pursuing CPA or CMA certifications. This program requires no prior accounting experience and focuses on advanced financial analysis, SAP Finance, and international accounting practices. It features a block system learning approach with hands-on coursework in financial modeling. As an online program, it can be completed in six semesters and qualifies for full federal student loan coverage. No entrance exam is required for admission, making it accessible for career advancement in finance roles.

  • MBA with Accounting Specialization
  • No prior accounting experience needed
  • On-campus or online options
  • 58 total credits required
  • SAP University Alliance Member
  • Tuition approx. $20,130/year
  • Full federal student loan coverage
  • Block system learning approach
  • Courses include financial modeling
  • CPA/CMA career preparation
*Data compiled from: IPEDS 2023 survey, NCES. https://nces.ed.gov/ipeds/

What Are the Fastest MBA Programs in Iowa?

Accelerated MBA programs in Iowa allow professionals to complete their degrees in as little as a year, helping them fast-track their careers while minimizing costs.

Benefits of Accelerated MBA Programs:

  • Earn an MBA in 12-18 months
  • Reduce tuition costs and time away from work
  • Gain leadership skills quickly for career growth

Shortest Online MBA Programs in Iowa:

School NameMBA Program SpecialtyProgram LengthFormat
University of Iowa (Tippie)Business Analytics12 monthsOnline
Iowa State UniversityGeneral MBA14 monthsOnline
Drake UniversityFinance16 monthsOnline

To explore additional options, visit Fastest MBA Programs.

What Are the Cheapest MBA Programs in Iowa?

Iowa offers affordable MBA programs that provide a strong return on investment without sacrificing quality.

Advantages of Affordable MBA Programs:

  • Lower tuition rates compared to out-of-state alternatives
  • Competitive ROI for long-term career growth
  • Access to top faculty and professional networks

Most Affordable Online MBA Programs in Iowa:

School NameMBA Program SpecialtyTuition RangeFormat
University of Northern IowaGeneral MBA$11,000 – $15,000Online
Iowa State UniversitySupply Chain$13,500 – $17,500Online
Drake UniversityMarketing$14,000 – $18,000Online

To explore additional options, visit Cheapest MBA Programs.

Are There Online MBA Program Options in Iowa?

Iowa offers a variety of online MBA programs that allow working professionals to earn their degrees while balancing personal and professional commitments.

Pros and Cons of Online MBA Programs:

ProsCons
Flexible learning schedulesLimited face-to-face networking
Continue working while studyingRequires strong self-discipline
Often more affordable than on-campusSome employers prefer traditional MBAs
Access to national and global networksFewer on-campus career services

What Are the Admissions Requirements for MBA Programs in Iowa?

Admissions requirements vary by program, but most universities evaluate candidates based on academic background, professional experience, and leadership potential.

Pros and Cons of MBA Admissions Requirements:

ProsCons
Bachelor’s degree requiredSome applicants may need prerequisite coursework
GMAT/GRE waivers availableSome programs still require standardized tests
Work experience preferredCompetitive programs may have limited seats
Career support availableApplication fees may be costly

Common Admissions Requirements:

  • Bachelor’s degree from an accredited institution
  • GMAT/GRE scores (waivers available for experienced professionals)
  • Work experience (preferred but not always required)
  • Personal statement outlining career goals
  • Letters of recommendation from academic or professional references
  • Application deadlines vary by institution

Popular MBA Specialties in Iowa

Iowa’s growing economy creates demand for various MBA specializations, offering professionals opportunities to align their education with industry trends.

In-demand MBA concentrations in Iowa:

  • MBA in Business Analytics – Companies increasingly rely on data-driven decision-making.
  • MBA in Operations Management – Iowa’s logistics and agricultural industries require skilled professionals.
  • MBA in Healthcare Management – Rising demand in the healthcare sector makes this a sought-after specialty.
  • MBA in Finance – Ideal for investment, corporate finance, and banking careers.
  • MBA in Entrepreneurship – Iowa supports small businesses and startups with numerous resources.

Your Next Step Toward an MBA in Iowa

An MBA in Iowa can elevate your career, boost your earning potential, and provide essential leadership skills. Whether you want to transition into a new industry, start your own business, or move into executive leadership, Iowa’s top online MBA programs offer the flexibility and expertise needed for success.

Begin researching programs, preparing applications, and exploring financial aid options to take the next step in your career journey.

Sources

  • Iowa Workforce Development
  • U.S. News & World Report MBA Rankings
  • University of Iowa Tippie College of Business
  • Iowa State University College of Business
  • Drake University MBA Program

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