I am looking for a budget online MBA program ranked among the top 50 in USA

[Imbanewbie]

@shrekr, This is what I would recommend, narrow your list down to the top 3.  Narrow down the list of the entire thread to another backup 3.  There is the 6 you can and should apply to.  You're ultimately going to see what courses are offered for each one to decide, in addition to cost, time of completion, programmatic or secondary accreditation, and other factors.  We can only advise, but you're the one deciding, everyone would have their own view and will go in all directions...

Good point. My final 2 are
University of Massachusetts - Amherst; Ranked -12; Tuition-$33300
Oklahoma State University (Spears); Ranked -27; Tuition-$17490

One of the reasons for my post is to understand if the rankings bear any relevance out there. I brought up this topic with few of my colleagues & Ex-colleagues. They recognized UMass as a reputable institution, but were surprised that OSU figured in my top 5.

Also you should consider MBA specialization. It will help to be different than other MBA only.