Best Online MBA Programs in Madison, AL (2026)

Madison, Alabama has 5 accredited schools offering mba programs, with tuition ranging from $12,132 to $27,392 per year for indexed programs. Madison has a population of about 58,335. Median household income is $131,436 (Census ACS 2023, 5-year). About 65.9% of adults 25+ hold a bachelor’s degree or higher. In the Huntsville, AL metro area, the top-earning mba-related role is Financial Manager at a median $158,620 annually (BLS OEWS, May 2025).


Closest MBA Schools to Madison

The accredited institutions listed below are the closest in our directory that offer mba programs near Madison, ranked by BOC Score and straight-line distance from Madison city center. The list is rebuilt from federal IPEDS data on every site update.

How We Rank Schools

Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:

  • Graduation rate 30%
  • Median earnings, 10 years after entry 25%
  • Average net price (lower is better) 20%
  • Retention rate 15%
  • Fully online availability 10%

Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Madison. Advertising never affects these rankings. Read the full methodology.

#1

Oakwood University

Huntsville, AL 6.6 miles from Madison BOC Score 32.5
  • 4 year
  • Campus + Online
Graduation rate 49%
Median earnings, 10 yrs after entry $42,488
Avg net price $25,669/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 67%
  • Programs offered: 24

Source:IPEDSCollege Scorecard

#2

University of Alabama in Huntsville

Huntsville, AL 7.0 miles from Madison BOC Score 65.0
  • 4 year
  • Campus + Online
  • Accredited
Acceptance rate 69%
Graduation rate 63%
Median earnings, 10 yrs after entry $61,767
Avg net price $18,796/yr
Tuition
In‑state$12,132
Out‑of‑state$26,408
Contact
Key stats
  • Retention rate: 82%
  • Programs offered: 22

Source:Accreditor: Southern Association of Colleges and Schools Commission on CollegesIPEDSCollege Scorecard

#3

Huntsville Bible College

Huntsville, AL 9.8 miles from Madison BOC Score 56.6
  • 4 year
  • Campus + Online
Graduation rate 49%
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 100%
  • Programs offered: 4

Source:IPEDSCollege Scorecard

#4

Alabama A & M University

Normal, AL 11.7 miles from Madison BOC Score 32.6
  • 4 year
  • Campus + Online
  • Accredited
Acceptance rate 58%
Graduation rate 26%
Median earnings, 10 yrs after entry $40,628
Avg net price $17,621/yr
Tuition
In‑state$10,024
Out‑of‑state$18,634
Contact
Key stats
  • Retention rate: 67%
  • Programs offered: 23

Source:Accreditor: Southern Association of Colleges and Schools Commission on CollegesIPEDSCollege Scorecard

#5

Athens State University

Athens, AL 13.6 miles from Madison BOC Score 52.1
  • 4 year
  • Campus + Online
  • Accredited
Graduation rate 58%
Median earnings, 10 yrs after entry $50,273
TuitionContact school for pricing
Contact
Key stats
  • Programs offered: 30

Source:Accreditor: Southern Association of Colleges and Schools Commission on CollegesIPEDSCollege Scorecard

#6

University of North Alabama

Florence, AL 52.6 miles from Madison BOC Score 53.6
  • 4 year
  • Campus + Online
Graduation rate 54%
Median earnings, 10 yrs after entry $45,415
Avg net price $12,170/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 79%
  • Programs offered: 39

Source:IPEDSCollege Scorecard

#7

Strayer University-Alabama

Birmingham, AL 82.8 miles from Madison BOC Score 21.5
  • 4 year
  • Campus + Online
  • Accredited
Graduation rate 16%
Median earnings, 10 yrs after entry $40,092
Tuition
In‑state$13,920
Out‑of‑state$13,920
Contact
Key stats
  • Programs offered: 18

Source:Accreditor: Middle States Commission on Higher EducationIPEDSCollege Scorecard

#8

Birmingham-Southern College

Birmingham, AL 82.9 miles from Madison
  • 4 year
TuitionContact school for pricing
Contact
Key stats
  • Programs offered: 5

Source:IPEDSCollege Scorecard

Source: IPEDS / College Scorecard (2023 cohort). Browse all Alabama schools on the Alabama mba page.


MBA Wages Near Madison

Madison is part of the Huntsville, AL metro area (BLS area code 26620). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Alabama statewide.

OccupationMedian WageSourceCOL-Adjusted (US=100)
General and Operations Manager$136,340Huntsville, AL$146,445
Financial Manager$158,620Huntsville, AL$170,376
Marketing Manager$134,990Huntsville, AL$144,995
Management Analyst$121,970Huntsville, AL$131,010

Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.


Madison at a Glance

MetricValueSource
Population58,335Census ACS 2023 5-yr (B01003)
Median household income$131,436Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+65.9%Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)93.1 (below U.S. average)BEA RPP 2024

Other Madison-Area Cities With MBA Programs


Frequently Asked Questions

How many accredited mba schools are near Madison, AL?

Our directory has 5 accredited schools offering mba programs near Madison. The closest is Oakwood University in Huntsville, AL (6.6 miles), and the farthest of the schools shown is J. F. Drake State Community and Technical College (11.5 miles). 4 of the highlighted schools are flagged as offering distance education.

What are the highest-paying mba roles near Madison?

Based on BLS OEWS May 2025 wage data, the top-paying mba-related roles near Madison are: Financial Manager ($158,620), General and Operations Manager ($136,340), Marketing Manager ($134,990). These reflect MSA-level medians where published, with Alabama statewide fallback for occupations not reported at the metro level.

Should I look at programs in Albertville instead of Madison?

Albertville, AL is 44.1 miles from Madison and has its own set of local mba programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Madison an affordable place to study mba?

Madison’s median household income of $131,436 (Census ACS 2023) is one input. Online programs let students stay in Madison while attending lower-cost out-of-state schools, and Alabama public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.


Learn More About MBA Programs

Other Programs Available in Madison

Compare every accredited online degree program with city-level data for Madison:

Data verified: July 30, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.