I am a Canadian citizen working in US with a US engineering company. I am interested in pursuing a Part time MBA program for career advancement. I live in Phoenix, Arizona and researched on the business schools offering MBA program. I found the following offering the part time program however both programs are expensive and affordability is an issue:
1. ASU
2. University of Arizona

I am very much hesitant in pursuing an MBA from a non AACSB accredited institution. Keeping inview of the situation what my choices are?
As an alternate option I am exploring an AACSB accredited institution which have online options outside of ARIZONA state. I have found an MBA online program offered by New Mexico State University (NMSU) and their MBA program is AACSB accredited. Can someone suggest how is their program.

My question is since I cannot financially afford expensive business schools in ARIZONA, doing an MBA online with an AACSB accredited institution will hold some value. Any recommendations

[Edited by potentialmba on Jan 21, 2015]

It ultimately depends on what you're looking for. If you want substantial career growth, or if you're trying to make a big jump, say in functional areas or industries, then neither a part-time MBA or an online MBA would be as good for you as a full-time MBA program. Part-time and online programs are great if you want to stay in the firm you're working in and move up the ladder, or go to another company in the same general field or functional area that you're already in.

And in general, I don't think that a non-accredited MBA program is a great choice. NMSU is a good school, but it's not a huge school and I would imagine that its network is mostly local. For a more established program or one that has a wider network, I would look at schools in the FT online MBA ranking. The US-based schools would be:

Northeastern
Florida - Warrington
IU Kelley
Babson
Syracuse - Whitman
Nebraska - Lincoln
Drexel - Lebow

... but of course, those will be more expensive. But you do pay for what you get.