College Choice, a leading authority in college and university rankings and resources, has recently released its 2016 ranking for the Most Affordable

Online MBA Programs.

As the demand for a more educated business workforce grows, so too does the amount of universities and colleges that are bringing graduate business degrees online. College Choice has taken the time and done the research to ensure that working professionals who are looking for an affordable online MBA program find the best school for them from this new ranking.

"Committing to formal study in management, leadership, or entrepreneurship are sure-fire ways to invest in your business career, but not all aspiring leaders in commerce can relocate to attend school, which means online education is practical and necessary for career advancement," Christian Amondson, Managing Editor of College Choice, said at the release of the ranking.

The College Choice 2016 ranking of Most Affordable Online MBA Programs takes into account a school's online portal and support services, tuition rate, financial aid services, time to completion of the degree and more. Special accreditation by the Accreditation Council for Business Schools and Programs and the International Assembly for Collegiate Business Education is also taken into account. This information was gathered using a combination of a school's website and independent ranking and statistics website such as U.S. News and World Report to create an objective view of each program.

Columbia Southern University takes the lead in this ranking. It is closely followed by Western International University and Indiana Institute of Technology.

The complete ranking is as follows (in alphabetical order):

American InterContinental University, Schaumburg, IL

Ashford University, San Diego, CA

Baker University, Baldwin City, KA

Capella University, Minneapolis, MN

Colorado Technical University, Colorado Spring, CO

Columbia Southern University, Orange Beach, AL

Cornerstone University, Grand Rapids, MI

Grand Canyon University, Phoenix, AZ

Indiana Institute of Technology, Fort Wayne, IN

Indiana Wesleyan University, Marion, IN

Liberty University, Lynchburg, VA

Lynn University, Boca Raton, FL

Manhattan College, Riverdale, NY

National American University, Roseville, MN

Northcentral University, Scottsdale, Arizona

Norwich University, Northfield, VT

Ohio Christian University, Circleville, OH

Regent University Online, Virginia Beach, VA

Saint Joseph's College (Maine), Standish, Maine

Saint Leo University, Tampa, FL

Saint Mary's University of Minnesota, Winona, MN

South University Online, Savannah, GA

Southern New Hampshire University, Manchester, NH

Spring Arbor University Online, Spring Arbor, MI

St. Bonaventure University, St. Bonaventure, NY

University of Delaware, Newark, DE

University of Northwestern Ohio, Lima, OH

University of Saint Mary, Leavenworth, KA

Walden University, Minneapolis, MN

Western International University, Phoenix, Arizona