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

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 program is a hybrid offering that merges legal and business education, tailored for aspiring leaders in corporate law, estate planning, and mergers and acquisitions. This program uniquely requires 33 semester hours of MBA coursework alongside JD studies, with flexible online and in-person options in Iowa City. Notably, it does not require GMAT or GRE scores but mandates 18 months of post-baccalaureate work experience. Tuition varies by course load and residency, making it a versatile choice for students seeking to navigate the intersection of law and business effectively.

  • 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

At the University of Iowa, the MBA & MD Dual Degree program is a hybrid pathway for medical students aspiring to merge clinical skills with business leadership, particularly in healthcare. This innovative program can be completed in five years, offering a blend of 33 semester hours of MBA coursework with medical studies, without the need for GMAT or GRE scores. It stands out by waiving the typical 18-month work experience requirement for MBA admission and follows medical school tuition rates. Designed for future healthcare leaders, it provides both on-campus and online learning options to accommodate diverse schedules.

  • 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 ˅
#2

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 program with a concentration in Health Care Management is tailored for professionals aiming to lead in the healthcare sector. This AACSB-accredited program offers a flexible, 100% online format with no GRE/GMAT requirements, making it accessible for working individuals. Priced at $718 per credit hour, the 36-credit curriculum focuses on developing strategic leadership skills specific to healthcare, preparing graduates for roles such as hospital administrators. The program features a customizable curriculum, six-week course modules, and is taught by expert practitioners. With no application fee and a part-time two-year completion timeline, it's designed for those seeking career advancement without sacrificing current professional commitments.

  • 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

The online MBA at Drake University, specializing in Health Care Management, is designed for professionals seeking to enhance their leadership capabilities in the healthcare industry. This program stands out for its fully online, asynchronous format, allowing students to balance studies with work. At $718 per credit hour, the 36-credit curriculum does not require GRE/GMAT scores and offers the flexibility of transfer credits. The two-year, part-time program emphasizes analytical reasoning and ethical decision-making in healthcare settings, preparing students for high-level administrative roles. With no application fee and a customizable curriculum, it's an ideal choice for those looking to advance their careers in healthcare management.

  • 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 ˅
#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 offers a Master of Business Administration (MBA) with a General Business concentration, entirely online, catering to professionals seeking career advancement without the need for a GMAT. This program stands out for its affordability, with tuition around $15,000, and the flexibility to complete it in as little as 15 months. Students benefit from eight-week courses, allowing for a manageable balance between studies and work. The curriculum is designed to equip learners with market-relevant skills, offering various specialization options including analytics, finance, marketing, and leadership. Notably, the program requires a minimum 2.75 GPA for admission and provides skills badges to enhance employability.

  • 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 offers an online Master of Business Administration with a concentration in Human Resource Management, designed for professionals aiming to excel in HR leadership. This program stands out for its alignment with the Society for Human Resource Management (SHRM) guidelines, ensuring students receive up-to-date knowledge in labor relations, compensation planning, and organizational development. Notably, it does not require GRE or GMAT scores for admission, making it accessible to a broader range of applicants. The program is entirely online, offering flexibility with six annual start dates and the ability to complete it in 1-2 years. With a tuition rate of $642 per credit hour and a minimum GPA requirement of 2.75, it provides a practical and affordable path to advancing in the HR field.

  • 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

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 aiming to excel in finance and accounting. This program stands out for its focus on advanced financial analysis, SAP Finance, and international accounting, preparing students for CPA or CMA certifications. Unique features include the flexibility of online learning, a block system approach, and the option to complete the program in six semesters. With tuition at approximately $20,130 per year and eligibility for federal student loans, it's accessible to many. No prior accounting experience is required, making it ideal for career changers. The program is also recognized for its military-friendly policies.

  • 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
#6

Morningside University

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

Master's - Master of Business Administration

Online & Campus Based - Visit Website

Morningside University's Master of Business Administration (MBA) MyWay program stands out for its hybrid format, blending online flexibility with in-person engagement, ideal for professionals seeking advancement without pausing their careers. This program, requiring no GMAT or GRE for admission, emphasizes strategic management, leadership, and modern business technologies across a 36-credit curriculum. With a focus on affordability and speed, students can graduate in one year, paying under $15,000 total. The 8-week courses, available full-time or part-time, start five times a year, offering rolling admissions and customizable electives. Small class sizes and interactive coursework ensure personalized attention, making it a military-friendly option endorsed by the United Methodist affiliation.

  • 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
*Source: https://nces.ed.gov/ipeds/, IPEDS 2023 release.

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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