The purpose of the study was to appraise the collaborative funding strategies of Undergraduate Business Education programme in tertiary institutions in Rivers State. The population for this study consisted of 20 respondents, made up of 4 bursars, 4 registrars, 4 Deans, 4 Heads of Departments, and 4 Librarians drawn from the institutions offering Business Education in Rivers State. Three experts from Department of Business Education validated the instrument. To establish reliability of the instrument, Cronbach Alpha was employed to arrive at the reliability coefficient of 0.76. The coefficients of the responses were computed using z-test statistics which is suitable for determining the reliability coefficient. In scoring the instrument tagged “Collaborative Funding of Business Education’, the statements were rated on 4-point scale of Very High Extent (4-points), High Extent (3-points), Low Extent (2-points) and Very Low Extent (1-point). In order to determine the range of respondents’ responses, scores below the mean score of 2.5 was used as cut off point for the decision rule for research questions and one-way ANOVA used in testing the hypotheses. It was revealed in the study that the respondents agreed on low collaborative funding strategies of undergraduate business education programme in Rivers State Institutions. Based on the findings in the study, it was recommended that; university authorities need to engage Non-governmental organizations within the institutions host communities to participate is funding of Undergraduate Business Education Programme; university authorities need to engage Rivers State government to participate in special fundraising strategy in funding of Undergraduate Business Education Programmes in Rivers State institutions.