567%

Highest Graduate ROI for an MBA Program

30%

Lowest Graduate ROI for an MBA Program

146%

Average Graduate ROI for All MBA Programs

Executive Summary: Best ROI for MBA Programs in 2024

MBA programs continue to offer strong returns on investment (ROI) for many students, with some programs providing exceptional value. Key findings for 2024 include:

  • ROI Distribution reveals a counterintuitive pattern: lesser-known state universities show the highest returns (500-567% ROI), while prestigious private institutions often yield lower returns (30-50% ROI), with the national average at 146%.
  • Top performers demonstrate the state university advantage: Tennessee State University leads with 567% ROI ($9,452 tuition → $107,108 salary), while prestigious schools like Harvard show 58% ROI ($149,820 tuition → $175,000 salary), illustrating that higher tuition and starting salaries don’t necessarily translate to better ROI.
  • Geographic location significantly impacts ROI potential, with highest returns in states like Idaho (270%), New Mexico (235%), and Indiana (224%), while traditionally prestigious locations like New York (97%), New Jersey (88%), and District of Columbia (62%) show lower returns.
  • Online vs Campus MBA Programs: MBA programs average 157% ROI versus 146% ROI for campus programs, representing a significant 11% advantage in financial returns.

While prestigious programs can offer strong returns, many lesser-known schools provide excellent value, especially when considering the total cost of the degree relative to career outcomes. Prospective students should carefully evaluate their personal circumstances and career goals when assessing MBA program ROI.

Roi = \Frac{(\Text{Graduate Salary} - \Text{Tuition})}{\Text{Tuition}} \Times 100\%

States with the Highest and Lowest ROI for MBA Programs

  1. Idaho - 270%
  2. New Mexico - 235%
  3. Indiana - 224%
  4. Maine - 220%
  5. Nevada - 216%
  6. North Dakota - 208%
  7. Rhode Island - 208%
  8. Nebraska - 207%
  9. Kansas - 203%
  10. Georgia - 201%
  11. Arkansas - 201%
  12. Montana - 196%
  13. Hawaii - 189%
  14. Alaska - 187%
  15. Mississippi - 185%
  16. Kentucky - 179%
  17. Oklahoma - 178%
  18. Wyoming - 176%
  19. Utah - 174%
  20. Alabama - 174%
  21. South Dakota - 173%
  22. Texas - 171%
  23. Tennessee - 170%
  24. Arizona - 170%
  25. Iowa - 168%
  26. Missouri - 159%
  27. California - 152%
  28. South Carolina - 152%
  29. Wisconsin - 148%
  30. North Carolina - 147%
  31. Illinois - 142%
  32. Minnesota - 140%
  33. West Virginia - 137%
  34. Florida - 135%
  35. Maryland - 132%
  36. Ohio - 131%
  37. Washington - 131%
  38. Louisiana - 127%
  39. Virginia - 126%
  40. Connecticut - 125%
  41. Colorado - 125%
  42. Delaware - 125%
  43. Michigan - 122%
  44. Pennsylvania - 104%
  45. Vermont - 104%
  46. Massachusetts - 102%
  47. New York - 97%
  48. New Jersey - 88%
  49. New Hampshire - 65%
  50. Oregon - 64%
  51. District of Columbia - 62%

Highest ROI for Online MBA Programs

The average return on investment (ROI) for campus MBA programs is 146%.The lowest ROI is 30%, offered by Rochester Institute of Technology.The highest ROI is an impressive 567%, available through the MBA program at Tennessee State University.

Rank University ROIIn State TuitionAvg. Starting SalaryStateOnline
1 Tennessee State University 566.59% $9,452 $107,108TNYes
2 California State University, Bakersfield 547.66% $7,176 $78,600CAYes
3 The University of Rhode Island 524.26% $7,048 $73,900RINo
4 Indiana University Northwest 502.82% $7,458 $75,000INYes
5 Cal Poly Humboldt 494.40% $9,294 $91,900CANo
6 Texas A&M University-Texarkana 458.20% $12,613 $115,585TXYes
7 Sonoma State University 454.50% $9,494 $86,300CANo
8 Indiana University Southeast 433.43% $7,458 $64,650INYes
9 Savannah State University 413.81% $9,180 $75,976GAYes
10 Columbus State University 407.18% $9,087 $74,000GAYes
11 Indiana University South Bend 404.26% $7,458 $60,300INYes
12 University of Idaho 386.65% $9,912 $76,650IDYes
13 North Carolina A&T State University 385.02% $13,938 $107,327NCYes
14 Mississippi State University 372.54% $12,294 $91,600MSYes
15 Georgia Southern University 357.29% $9,824 $70,200GAYes
16 New Mexico State University 356.31% $10,314 $73,500NMYes
17 Purdue University Northwest 352.63% $12,350 $87,100INYes
17 Purdue University Calumet 352.63% $12,350 $87,100INYes
19 University of Central Oklahoma 344.07% $9,068 $62,400OKYes
20 University of Houston-Victoria 342.25% $11,030 $75,500TXYes
21 San Francisco State University 337.09% $11,362 $76,600CANo
22 Texas State University 331.69% $23,365 $155,000TXYes
23 Central Connecticut State University 330.79% $12,848 $85,000CTNo
24 University of Massachusetts Boston 318.68% $19,499 $124,277MAYes
24 California State University, East Bay 318.21% $12,036 $76,600CAYes
26 University of Montana 312.06% $14,260 $89,000MTYes
27 Northern Arizona University 309.43% $11,004 $68,100AZYes
28 Augusta University 296.51% $10,590 $62,800GAYes
29 Southern Utah University 292.01% $9,212 $53,800UTYes
30 The University of Texas of the Permian Basin 290.52% $13,252 $77,000TXYes
31 Radford University 286.54% $15,984 $91,600VAYes
32 Stephen F. Austin State University 283.53% $11,630 $65,950TXYes
33 University of North Alabama 168.35% $17,820 $60,000ALYes
34 University of Nebraska at Kearney 275.14% $13,293 $73,150NEYes
35 Murray State University 274.75% $16,455 $90,419KYYes
36 Utah Valley University 271.21% $13,956 $75,700UTYes
37 Jacksonville State University 310.13% $15,408 $95,570ALYes
38 Southern Arkansas University 268.35% $13,788 $74,000ARYes
39 Governors State University 267.99% $13,788 $73,900ILYes
39 McNeese State University 267.77% $8,879 $47,550LAYes
40 The Citadel 267.29% $21,830 $116,700SCYes
42 Indiana State University 263.16% $19,000 $100,000INYes
43 Colorado Mesa University 261.55% $19,155 $100,200COYes
43 University of South Carolina Upstate 261.19% $14,224 $74,302SCYes
45 Idaho State University 259.86% $13,392 $69,600IDYes
46 University of Nebraska at Omaha 254.96% $17,493 $89,200NEYes
47 University of Massachusetts Dartmouth 252.09% $17,578 $88,625MAYes
48 University of Louisiana at Monroe 251.39% $10,800 $54,300LAYes
49 Brooklyn College of the City University of New York 250.41% $11,521 $57,700NYYes
49 Frostburg State University 250.00% $16,740 $83,700MDYes
51 Morgan State University 248.52% $16,095 $80,000MDYes
52 Indiana University Kokomo 246.63% $13,563 $66,900INNo
52 Western Kentucky University 246.03% $12,600 $62,000KYYes
54 California State University, Dominguez Hills 242.55% $16,986 $82,400CAYes
55 Kansas State University 241.60% $16,049 $77,550KSYes
56 The University of Iowa 240.52% $23,453 $112,820IAYes
57 University of Central Arkansas 238.90% $11,239 $53,700ARYes
58 Saginaw Valley State University 236.62% $21,649 $102,450MIYes
59 University of Alabama at Birmingham 231.48% $16,200 $75,000ALYes
59 State University of New York at Geneseo 231.19% $12,295 $56,850NYNo
61 Indiana University-Purdue University Fort Wayne 230.96% $16,756 $77,400INYes
61 University of Mary Washington 230.28% $19,476 $89,700VAYes
62 University of Illinois at Springfield 230.23% $14,833 $68,300ILYes
64 University of West Florida 229.53% $12,460 $57,200FLYes
65 Henderson State University 228.14% $13,040 $59,500ARYes
66 California State University, Los Angeles 224.70% $22,052 $99,100CANo
66 University of Maine 224.45% $19,500 $87,535MEYes
68 Arkansas State University 223.18% $13,935 $62,200ARYes
69 Western Illinois University 222.57% $15,231 $67,800ILYes
69 Florida Gulf Coast University 222.30% $13,428 $59,700FLYes
71 University of Florida 221.35% $26,473 $117,197FLYes
72 University of Houston-Downtown 220.89% $18,623 $82,273TXYes
72 Missouri University of Science and Technology 220.16% $16,488 $72,600MOYes
74 University of Alaska Fairbanks 215.37% $20,772 $89,474AKYes
75 University of Nevada, Reno 217.57% $19,000 $82,677NVYes
76 University of Nevada, Las Vegas 215.34% $21,784 $93,820NVYes
76 Southeast Missouri State University 215.16% $13,804 $59,400MOYes
77 Binghamton University 215.07% $17,469 $75,142NYNo
79 University of Southern Maine 214.86% $20,370 $87,535MEYes
80 University of South Florida St. Petersburg 213.24% $17,000 $72,500FLYes
81 State University of New York College at Plattsburgh 210.92% $13,121 $55,350NYNo
82 University of Wisconsin-Parkside 206.99% $15,327 $63,450WIYes
82 Missouri State University 206.51% $15,108 $62,400MOYes
83 California Polytechnic State University, San Luis Obispo 206.01% $27,462 $113,151CANo
85 Jacksonville University 205.82% $31,500 $129,665FLYes
86 Wright State University 204.77% $28,080 $115,000OHYes
86 Northern Kentucky University 204.70% $19,443 $79,600KYYes
88 Truman State University 202.08% $14,400 $58,200MONo
89 North Carolina Central University 201.62% $11,978 $48,300NCYes
90 Missouri Western State University 200.69% $12,893 $51,750MOYes
91 Lamar University 198.75% $16,000 $63,600TXYes
92 University of West Georgia 197.69% $15,125 $59,800GAYes
92 Eastern Illinois University 197.31% $15,255 $60,200ILYes
93 East Tennessee State University 197.29% $13,280 $52,400TNYes
95 The University of Georgia 196.87% $30,606 $120,510GAYes
96 Fayetteville State University 194.54% $13,956 $54,300NCYes
97 State University of New York at Oswego 192.21% $16,232 $62,400NYYes
98 University of Montevallo 191.91% $16,140 $61,950ALYes
98 Illinois State University 191.77% $20,050 $76,900ILNo
100 Pittsburg State University 190.79% $13,785 $52,600KSYes
100 Clarion University of Pennsylvania 190.35% $25,637 $97,600PAYes
102 Oklahoma State University-Main Campus 189.95% $19,295 $73,300OKYes
102 Kennesaw State University 189.47% $19,000 $72,000GAYes
103 Texas Southern University 189.02% $15,316 $57,900TXYes
105 University of Hawaii at Manoa 188.84% $21,288 $80,400HINo
105 West Texas A&M University 188.18% $20,725 $78,000TXYes
107 Black Hills State University 186.52% $14,114 $52,650SDYes
107 Midwestern State University 186.51% $14,174 $52,872TXYes
108 Jackson State University 186.33% $15,000 $55,900MSYes
109 University of South Florida 186.27% $14,955 $55,714FLYes
111 The University of Texas Rio Grande Valley 184.84% $17,745 $65,600TXYes
112 University of South Carolina 182.06% $26,485 $96,435SCYes
113 University of Southern Mississippi 181.83% $17,131 $62,300MSYes
113 University of Cincinnati 181.31% $23,996 $87,013OHYes
114 Appalachian State University 181.20% $17,463 $63,285NCYes
116 Southeastern Louisiana University 180.82% $13,245 $47,900LAYes
116 Ball State University 180.21% $21,197 $76,400INYes
118 Washburn University 179.76% $18,080 $65,000KSNo
119 Northern Illinois University 178.95% $26,096 $93,400ILYes
120 Dominican University 176.54% $32,004 $113,000ILYes
121 University of Wyoming 175.76% $26,460 $93,010WYYes
121 University of Arkansas at Little Rock 175.14% $18,071 $63,300ARYes
122 The University of Texas at Arlington 175.08% $22,504 $78,800TXYes
124 University of North Florida 174.52% $17,767 $62,014FLYes
125 Wichita State University 173.22% $18,849 $65,300KSYes
126 Michigan State University 172.92% $34,564 $119,539MIYes
126 Central Michigan University 172.80% $27,300 $94,350MIYes
127 Central Washington University 172.35% $16,841 $58,050WANo
129 The University of Akron 171.78% $17,872 $61,400OHYes
129 University of New Orleans 171.65% $20,128 $69,100LAYes
130 The University of Texas at Dallas 171.45% $35,918 $123,163TXYes
132 University of South Alabama 170.83% $14,400 $49,200ALYes
132 East Carolina University 170.43% $18,072 $61,600NCYes
133 Oklahoma State University Center for Health Sciences 170.06% $19,295 $65,626OKYes
134 Clayton State University 170.00% $17,000 $57,800GAYes
136 University of Missouri-St. Louis 167.57% $27,000 $90,489MOYes
137 Texas A&M University-Corpus Christi 166.69% $17,997 $60,000TXYes
137 Middle Tennessee State University 166.59% $26,712 $89,000TNYes
139 University of Massachusetts Amherst 165.41% $33,622 $111,227MAYes
139 University of Alabama in Huntsville 165.25% $21,483 $71,000ALYes
141 University of Houston-Clear Lake 164.90% $20,892 $68,900TXYes
142 California State University, Fresno 163.89% $27,000 $88,500CAYes
142 University of Dayton 163.59% $33,600 $109,932OHYes
144 Minnesota State University Moorhead 162.09% $26,220 $85,000MNYes
144 Boise State University 162.06% $21,932 $71,088IDYes
146 Western Michigan University 161.69% $29,377 $95,000MIYes
147 Kutztown University 159.69% $18,692 $59,700PAYes
147 University of South Dakota 159.66% $14,892 $47,553SDYes
148 The University of Texas at San Antonio 159.11% $24,512 $78,000TXYes
149 Arkansas Tech University 159.07% $13,909 $44,250ARYes
151 Baruch College-The City University of New York 158.86% $37,338 $118,633NYYes
151 The Pennsylvania State University at Harrisburg 158.63% $31,962 $101,400PAYes
153 The University of Memphis 157.89% $23,688 $74,800TNYes
153 Western Carolina University 157.87% $13,967 $44,100NCYes
155 University of Hartford 156.62% $30,168 $94,500CTYes
155 Georgia College & State University 156.29% $22,970 $71,800GAYes
157 University of Toledo 155.92% $23,506 $73,300OHYes
157 Lander University 155.05% $16,350 $50,700SCYes
158 University of Alaska Anchorage 155.00% $22,161 $68,700AKNo
160 Elizabeth City State University MBA 154.13% $11,630 $35,850NCNo
161 University of Tennessee at Chattanooga 153.26% $25,788 $79,043TNYes
162 University of Washington Tacoma 152.84% $49,504 $151,322WANo
162 Northeastern Illinois University 152.56% $24,367 $74,350ILYes
164 Florida State University 151.25% $18,693 $56,545FLYes
165 Fort Lewis College 150.77% $16,714 $50,400CONo
165 California State University, Sacramento 150.44% $25,260 $76,000CAYes
166 California State Polytechnic University Pomona 150.07% $29,800 $89,440CANo
167 The Pennsylvania State University Great Valley School of Graduate Professional Studies 150.06% $42,316 $127,000PAYes
169 University of Wisconsin Oshkosh 149.82% $29,168 $87,400WIYes
169 Oklahoma City University 149.03% $27,175 $81,000OKYes
171 Delaware State University 148.16% $15,625 $46,300DEYes
172 William Paterson University 147.98% $23,820 $70,500NJYes
172 Salem State University 147.97% $20,325 $60,150MANo
173 California State University, Stanislaus 147.97% $24,938 $73,800CAYes
175 University of Massachusetts Lowell 146.59% $26,127 $76,600MAYes
175 Marshall University 146.58% $19,170 $56,200WVYes
177 State University of New York at Fredonia 145.89% $16,965 $49,500NYNo
177 George Mason University 145.88% $37,737 $110,100VAYes
178 University of Illinois at Urbana-Champaign 145.83% $33,772 $98,500ILYes
180 University of Oklahoma-Norman Campus 144.42% $33,306 $96,200OKYes
180 Saint Mary's College of California 144.31% $40,608 $117,200CAYes
182 Oakland University 143.72% $30,024 $86,300MIYes
182 Rockhurst University 143.69% $24,150 $69,400MOYes
183 Salisbury University 143.56% $20,792 $59,700MDYes
184 Towson University 143.56% $24,084 $69,150MDYes
186 Mercer University-Macon and Atlanta Campuses 142.31% $28,980 $82,485GAYes
186 Coastal Carolina University 142.20% $18,460 $52,500SCYes
188 Auburn University 141.74% $27,385 $77,633ALYes
188 Louisiana Tech University 141.58% $16,518 $46,771LAYes
189 St. Cloud State University 141.19% $28,969 $81,800MNYes
190 Trinity University 141.08% $30,000 $84,646TXNo
192 The University of North Carolina at Greensboro 140.20% $25,000 $70,100NCYes
193 Valdosta State University 139.92% $22,870 $64,000GAYes
193 University of Illinois at Chicago 139.37% $60,264 $167,977ILYes
194 Alabama A&M University 139.20% $17,313 $48,200ALNo
196 Clark Atlanta University 138.96% $35,028 $97,350GAYes
197 University of Northern Iowa 137.98% $23,917 $66,000IANo
197 University of Minnesota Duluth 137.51% $33,798 $92,953MNNo
199 Southern Illinois University Carbondale 135.63% $21,972 $59,600ILYes
199 Providence College 135.32% $29,810 $80,678RINo
201 University of Wisconsin-River Falls 134.66% $27,216 $73,300WIYes
201 Wayne State University 134.58% $27,472 $73,946MIYes
203 Francis Marion University 133.81% $15,918 $42,600SCYes
203 College of William and Mary 133.33% $42,000 $112,000VAYes
204 Montclair State University 133.26% $34,669 $92,400NJYes
205 Eastern Michigan University 133.03% $34,616 $92,100MIYes
207 Kent State University 131.45% $19,908 $52,337OHYes
208 North Dakota State University 130.82% $21,022 $55,000NDYes
208 The University of Alabama 130.49% $28,377 $74,060ALYes
209 University of Tennessee at Knoxville 130.42% $38,875 $101,400TNYes
211 University of Detroit Mercy 129.95% $28,050 $72,900MIYes
212 Xavier University 128.80% $34,200 $88,100OHYes
212 University of Colorado Colorado Springs 128.40% $27,648 $71,000COYes
213 Berry College 128.21% $21,000 $53,850GAYes
214 The University of Texas at El Paso 128.19% $20,634 $52,900TXYes
215 Georgia State University 128.14% $36,522 $93,600GAYes
216 Christopher Newport University 128.03% $24,720 $63,300VANo
218 Prairie View A&M University 127.64% $23,699 $60,500TXYes
218 West Virginia University 127.40% $24,273 $61,847WVYes
220 Grand Valley State University 126.90% $30,024 $76,200MIYes
220 Iowa State University 126.06% $29,966 $75,552IAYes
222 California State University, Northridge 125.25% $30,897 $77,400CANo
222 Drury University 125.00% $23,760 $59,400MOYes
224 College of Charleston 124.65% $28,204 $70,314SCYes
224 La Salle University 124.54% $27,200 $67,750PAYes
225 Florida Southern College 124.07% $34,155 $84,749FLYes
227 Saint Xavier University 123.59% $38,961 $96,302ILYes
228 University of Oklahoma-Health Sciences Center 122.79% $33,306 $81,793OKYes
229 Abilene Christian University 120.93% $25,800 $62,400TXYes
229 Slippery Rock University 120.67% $25,318 $61,100PAYes
230 Virginia Commonwealth University 120.32% $34,172 $82,232VAYes
231 Nova Southeastern University 120.30% $37,722 $90,756FLYes
232 Old Dominion University 120.07% $31,564 $75,800VAYes
234 Texas Tech University 118.48% $28,155 $66,717TXYes
234 Siena College 118.42% $34,200 $81,000NYNo
235 University of Scranton 118.16% $34,740 $82,100PAYes
236 Utah State University 118.06% $36,000 $85,000UTYes
238 Virginia State University 117.90% $24,978 $58,900VAYes
238 The University of Mississippi 117.65% $25,914 $60,977MSYes
239 Meredith College 117.09% $33,990 $79,600NCYes
241 Ohio University 115.68% $21,438 $49,598OHYes
241 San Jose State University 115.61% $39,270 $90,800CAYes
242 Gonzaga University 115.55% $39,270 $90,753WAYes
243 San Diego State University 115.22% $31,200 $71,900CANo
244 University of Washington Bothell 115.17% $52,446 $120,800WANo
245 University of Connecticut 115.08% $44,100 $101,501CTYes
247 University of Colorado Denver 114.91% $47,102 $108,246COYes
247 SUNY University at Albany 114.55% $34,750 $79,615NYYes
248 University at Albany, State University of New York 114.55% $34,750 $79,615NYYes
249 The University of New Mexico 114.13% $26,725 $61,000NMYes
251 Woodbury University 113.54% $26,510 $60,200CAYes
251 University of St. Thomas-Houston 113.39% $35,000 $79,371TXYes
253 University of Arkansas 112.47% $35,527 $79,911ARNo
253 Indiana University Bloomington/Indianapolis 112.02% $60,858 $136,352INYes
255 University of North Carolina at Charlotte 111.03% $37,946 $84,260NCYes
256 Colorado State University 110.99% $42,480 $94,300COYes
256 University of Baltimore 110.17% $35,128 $77,400MDYes
258 Ithaca College 109.71% $32,040 $70,300NYNo
258 Indiana University of Pennsylvania 109.65% $29,001 $63,600PAYes
259 Auburn University at Montgomery 109.64% $28,593 $62,700ALYes
260 Rider University 109.54% $38,160 $83,600NJYes
261 Sacred Heart University 109.24% $35,840 $78,300CTYes
263 Florida Atlantic University 108.64% $36,000 $78,220FLYes
264 Georgia Institute of Technology 107.89% $63,404 $136,819GANo
264 Saint Joseph's University 107.20% $42,912 $92,000PAYes
265 University of Wisconsin-Madison 107.05% $55,575 $118,983WINo
267 Philadelphia University 106.52% $30,744 $65,500PAYes
267 Fairleigh Dickinson University 106.31% $38,520 $81,900NJYes
268 Widener University 106.09% $36,102 $76,600PAYes
270 Western New England University 105.97% $36,000 $76,300MAYes
270 Ramapo College of New Jersey 105.67% $46,892 $99,100NJYes
271 Valparaiso University 105.33% $30,780 $64,840INYes
272 University of Kansas 105.16% $32,701 $68,780KSYes
273 Queens University of Charlotte 105.03% $41,940 $88,100NCYes
275 Winston-Salem State University 104.17% $22,248 $46,350NCYes
276 University of Wisconsin-Milwaukee 103.60% $32,769 $67,900WIYes
276 University of Vermont 103.52% $31,878 $66,000VTYes
277 Winthrop University 103.45% $29,000 $60,000SCYes
278 University of Wisconsin-Stevens Point 103.37% $28,224 $58,350WIYes
279 Arizona State University 101.59% $61,354 $124,664AZYes
281 University of Delaware 102.62% $39,954 $82,000DEYes
281 Colorado State University-Pueblo 102.41% $24,168 $49,500COYes
283 Brigham Young University 101.87% $58,544 $119,281UTNo
283 Saint Louis University 101.79% $37,470 $76,282MONo
285 Shippensburg University 100.79% $34,380 $69,300PAYes
285 John Carroll University 100.45% $32,356 $65,000OHYes
287 University at Buffalo, State University of New York 99.31% $35,716 $70,938NYYes
288 Bowling Green State University 98.99% $27,200 $53,853OHYes
289 The University of Arizona 95.42% $56,250 $107,345AZYes
289 Creighton University 97.79% $33,234 $65,000NEYes
290 Elon University 97.78% $42,237 $82,600NCNo
291 Southern University at New Orleans 97.63% $28,884 $56,400LAYes
292 Rutgers-The State University of New Jersey-Newark/New Brunswick 97.36% $58,442 $113,800NJYes
293 Villanova University 97.33% $60,000 $116,800PAYes
294 Marquette University 97.28% $46,620 $90,700WIYes
296 University of Central Florida 96.41% $39,000 $75,200FLYes
297 Shenandoah University 95.96% $46,840 $89,900VANo
297 University of Dallas 95.86% $45,900 $88,000TXYes
298 University of Washington 95.81% $76,890 $147,340WANo
300 University at Buffalo 94.50% $38,358 $72,500NYYes
301 Hofstra University 93.71% $58,960 $110,500NYYes
301 Indiana University Bloomington 93.64% $62,688 $117,400INYes
302 The Pennsylvania State University 93.48% $61,236 $114,483PAYes
303 Texas A&M University 93.21% $62,000 $115,585TXYes
304 Norfolk State University 93.18% $25,380 $47,300VAYes
306 Whitworth University 92.66% $34,560 $64,050WAYes
307 California State University, San Bernardino 91.81% $41,500 $76,200CAYes
307 California State University, Fullerton 91.47% $44,550 $81,500CAYes
308 Clemson University 91.40% $43,088 $78,767SCYes
309 The University of Michigan-Dearborn 91.38% $50,997 $93,200MIYes
310 University of Houston 91.36% $47,000 $85,878TXYes
312 University of Pittsburgh 90.01% $57,195 $102,965PAYes
313 Bryant University 89.40% $42,180 $75,417RIYes
313 Howard University 89.34% $71,204 $127,223DCYes
314 The College of New Jersey 89.14% $50,482 $90,000NJYes
316 University of Utah 88.54% $65,700 $116,348UTYes
317 Samford University 87.78% $33,264 $58,400ALYes
317 Michigan Technological University 87.18% $49,294 $85,950MIYes
319 Stonehill College 86.80% $46,642 $80,970MANo
320 California State University-San Marcos 85.85% $30,518 $52,400CANo
320 University of Louisville 85.79% $32,000 $54,903KYYes
321 North Carolina State University 85.77% $55,732 $95,606NCYes
322 Northern Michigan University 85.74% $28,866 $49,500MIYes
323 University of Kentucky 85.65% $39,449 $67,579KYNo
324 Stetson University 85.27% $38,700 $66,000FLYes
326 Le Moyne College 84.97% $35,952 $61,100NYNo
326 Bellarmine University 84.24% $32,495 $54,750KYYes
328 Northwestern State University of Louisiana 83.40% $28,866 $48,150LAYes
328 University of Colorado at Boulder 83.40% $55,997 $93,401CONo
330 Seattle University 79.68% $54,594 $87,000WAYes
330 University of Louisiana at Lafayette 81.84% $31,281 $51,200LAYes
331 Roger Williams University 81.74% $40,648 $66,450RINo
332 The University of Tulsa 81.24% $51,516 $83,700OKYes
333 University of New Haven 81.22% $39,770 $64,600CTYes
335 University of New Hampshire 80.94% $41,182 $66,667NHYes
335 Bradley University 80.37% $35,740 $57,450ILYes
336 St. Bonaventure University 80.12% $37,380 $59,900NYYes
338 Temple University 79.99% $60,000 $95,989PAYes
338 Montana State University 79.92% $35,565 $56,850MTNo
339 DePaul University 79.70% $53,952 $86,000ILNo
341 California State University, Long Beach 78.76% $45,600 $71,833CAYes
341 The Pennsylvania State University at Erie The Behrend College 78.40% $60,972 $95,600PAYes
343 Fairfield University 77.92% $41,580 $64,800CTYes
343 Barry University 77.72% $35,640 $55,400FLYes
344 St. Mary's University 77.71% $37,061 $57,600TXYes
345 Loyola University New Orleans 77.44% $35,700 $55,290LAYes
347 Portland State University 76.75% $50,984 $78,264ORYes
347 New York Institute of Technology 76.28% $55,440 $84,580NYYes
349 Butler University 75.64% $39,000 $59,000INYes
350 New Jersey Institute of Technology 74.73% $66,576 $99,501NJYes
351 Florida International University 73.95% $42,000 $62,115FLYes
351 Drexel University 73.48% $59,241 $87,061PAYes
352 Alfred University 73.29% $39,500 $57,900NYYes
353 Niagara University 73.16% $40,800 $59,700NYYes
355 Oregon State University 72.85% $52,090 $75,900ORYes
355 University of San Diego 72.79% $69,610 $101,333CANo
356 Santa Clara University 72.74% $83,860 $122,000CAYes
357 Stockton University 72.25% $33,012 $47,700NJYes
359 Quinnipiac University 70.17% $52,015 $73,000CTYes
360 Lehigh University 69.45% $68,900 $95,699PAYes
360 University of North Texas 69.40% $52,268 $72,545TXYes
361 Nicholls State University 69.39% $40,812 $56,641LAYes
362 Western Washington University 69.25% $48,448 $67,100WANo
364 Pacific Lutheran University 68.92% $47,664 $65,700WANo
364 Iona University 68.78% $49,940 $68,700NYYes
365 Seton Hall University 68.22% $57,225 $78,081NJYes
366 University of Minnesota 68.17% $89,402 $121,882MNYes
368 Manhattan College 67.98% $48,970 $66,575NYYes
368 Suffolk University 67.73% $59,391 $80,455MAYes
369 Duquesne University 67.66% $57,090 $77,253PAYes
370 Canisius College 67.23% $41,880 $56,315NYYes
372 The University of North Carolina at Chapel Hill 65.25% $102,314 $133,517NCYes
373 University of Oregon 64.84% $65,726 $85,236ORNo
373 Millsaps College 64.80% $36,072 $46,750MSNo
374 Bentley University 64.72% $67,080 $86,822MAYes
375 Fordham University 64.08% $99,497 $127,511NYYes
377 Syracuse University 63.61% $67,392 $85,731NYYes
377 Louisiana State University 63.52% $50,486 $64,142LAYes
378 University of California, Irvine 63.13% $97,342 $122,899CAYes
380 University of Portland 62.70% $58,617 $73,500ORNo
380 Yeshiva University 62.22% $90,984 $113,214NYYes
382 University of Evansville 61.88% $45,936 $56,850INNo
382 Tennessee Technological University 61.85% $54,000 $66,800TNYes
383 University of California, Davis Business School 61.53% $88,634 $109,075CAYes
384 University of Rochester 61.40% $108,038 $132,671NYNo
385 Long Island University-Post Campus 61.36% $53,454 $65,600NYYes
386 University of Maryland 61.25% $98,865 $121,103MDYes
388 Southern Methodist University 60.97% $100,541 $122,609TXYes
388 James Madison University 60.91% $75,600 $92,100VAYes
389 Illinois Institute of Technology 60.83% $67,690 $82,352ILYes
390 St. John Fisher College 60.79% $46,836 $56,947NYYes
391 Fairleigh Dickinson University 60.70% $67,468 $81,900NJYes
392 Babson College 60.69% $89,550 $108,703MAYes
393 Loyola University Chicago 60.65% $73,375 $89,000ILYes
394 Hult International Business School 60.55% $85,000 $102,928MAYes
395 The University of Texas at Austin 60.02% $120,432 $144,564TXNo
397 Belmont University 59.39% $69,207 $82,200TNNo
397 University of Miami 59.35% $92,290 $109,555FLYes
398 Clarkson University 59.30% $59,032 $70,017NYYes
400 Harvard University 58.40% $149,820 $175,000MANo
401 The University of Michigan 55.99% $137,056 $153,465MIYes
401 South Carolina State University 55.56% $38,880 $43,200SCYes
402 Georgetown University 55.50% $124,814 $138,552DCYes
403 University of Richmond 55.34% $72,000 $79,683VANo
404 Stanford University 55.04% $165,591 $182,272CANo
406 University of California, Berkeley 54.73% $139,628 $152,831CANo
406 Northwestern University 54.00% $162,030 $175,000ILNo
408 University of Notre Dame 53.85% $123,500 $133,018INNo
408 American University 53.76% $98,282 $105,666DCYes
409 Vanderbilt University 53.32% $131,000 $139,711TNNo
411 Bucknell University 52.39% $64,418 $67,500PANo
411 Stevens Institute of Technology 52.15% $81,880 $85,398NJYes
412 University of San Francisco 52.08% $79,200 $82,500CANo
413 Case Western Reserve University 52.08% $92,040 $95,875OHYes
415 University of Virginia-Darden 51.95% $151,200 $157,090VAYes
415 Clark University 51.94% $59,080 $61,367MAYes
416 University of California, Los Angeles 51.61% $142,142 $146,727CANo
417 The George Washington University 51.26% $113,090 $115,951DCYes
418 Rice University 51.13% $139,081 $142,212TXYes
420 University of Denver 50.85% $96,638 $98,276COYes
420 New York University 50.42% $160,130 $161,475NYNo
421 Loyola Marymount University 50.39% $89,202 $89,900CANo
422 The Ohio State University 50.31% $106,123 $106,779OHYes
423 Carnegie Mellon University 50.21% $147,456 $148,067PAYes
424 Loyola University Maryland 50.19% $59,950 $60,182MDYes
426 Yale University 49.74% $153,540 $152,744CTNo
426 Adelphi University 49.72% $75,420 $75,000NYYes
427 The University of Chicago 49.55% $167,393 $165,887ILNo
428 Lawrence Technological University 49.46% $83,400 $82,499MIYes
429 Emory University 49.36% $151,689 $149,759GAYes
430 Boston College 49.36% $118,336 $116,815MANo
432 University of California, San Diego 48.93% $106,246 $103,969CANo
432 Northeastern University 48.77% $102,582 $100,063MAYes
433 University of Southern California 48.70% $154,339 $150,314CAYes
434 The University of Michigan-Flint 48.69% $73,328 $71,400MIYes
435 Boston University 48.65% $124,248 $120,884MAYes
436 Wake Forest University 48.64% $79,975 $77,800NCYes
437 Massachusetts Institute of Technology 48.59% $164,000 $159,391MANo
438 Duke University 48.33% $157,546 $152,297NCYes
439 Dartmouth College 48.31% $165,442 $159,842NHNo
441 Johns Hopkins University 47.76% $133,000 $127,044MDYes
441 Monmouth University 47.65% $67,152 $64,000NJYes
442 Rollins College 47.03% $63,898 $60,100FLNo
444 Texas Christian University 46.60% $115,380 $107,543TXYes
444 University of Pennsylvania 46.26% $179,852 $166,391PANo
445 Baylor University 46.20% $85,692 $79,176TXYes
447 Rensselaer Polytechnic Institute 45.51% $92,510 $84,200NYNo
447 Brandeis University 45.33% $120,223 $109,000MANo
449 Columbia University 44.96% $180,258 $162,099NYNo
450 Washington University in St. Louis 43.91% $134,020 $117,687MOYes
450 Willamette University 43.24% $80,500 $69,615ORNo
452 Pepperdine University 42.78% $104,333 $89,258CAYes
452 Washington and Lee University 42.70% $63,315 $54,066VANo
454 Tulane University 41.90% $116,040 $97,241LAYes
454 Claremont Graduate University 41.85% $96,520 $80,778CANo
456 Ohio Northern University 39.25% $73,000 $57,300OHNo
456 Chapman University 39.06% $97,750 $76,368CANo
458 St. John's University 37.63% $83,205 $62,619NYYes
459 University of California, Riverside 36.79% $98,293 $72,321CANo
460 Cornell University 35.29% $219,688 $155,048NYNo
461 Miami University 34.00% $136,342 $92,700OHYes
462 The University of Tampa 30.70% $107,114 $65,758FLYes
462 Pace University 30.66% $116,744 $71,590NYYes
464 Rochester Institute of Technology 29.90% $108,352 $64,800NYYes

Highest ROI for Campus MBA Programs

For online MBA programs in across the U.S., the ROI ranges from 30% to 567%.The lowest online MBA ROI of 30% is from the program at Rochester Institute of Technology.The highest online MBA ROI of 567% is offered by Tennessee State University.On average, online MBA programs across the U.S. have an ROI of 157%.

Rank University ROIIn State TuitionAvg. Starting SalaryStateOnline
1 Tennessee State University 566.59% $9,452 $107,108TNYes
2 California State University, Bakersfield 547.66% $7,176 $78,600CAYes
3 The University of Rhode Island 524.26% $7,048 $73,900RINo
4 Indiana University Northwest 502.82% $7,458 $75,000INYes
5 Cal Poly Humboldt 494.40% $9,294 $91,900CANo
6 Texas A&M University-Texarkana 458.20% $12,613 $115,585TXYes
7 Sonoma State University 454.50% $9,494 $86,300CANo
8 Indiana University Southeast 433.43% $7,458 $64,650INYes
9 Savannah State University 413.81% $9,180 $75,976GAYes
10 Columbus State University 407.18% $9,087 $74,000GAYes
11 Indiana University South Bend 404.26% $7,458 $60,300INYes
12 University of Idaho 386.65% $9,912 $76,650IDYes
13 North Carolina A&T State University 385.02% $13,938 $107,327NCYes
14 Mississippi State University 372.54% $12,294 $91,600MSYes
15 Georgia Southern University 357.29% $9,824 $70,200GAYes
16 New Mexico State University 356.31% $10,314 $73,500NMYes
17 Purdue University Northwest 352.63% $12,350 $87,100INYes
17 Purdue University Calumet 352.63% $12,350 $87,100INYes
19 University of Central Oklahoma 344.07% $9,068 $62,400OKYes
20 University of Houston-Victoria 342.25% $11,030 $75,500TXYes
21 San Francisco State University 337.09% $11,362 $76,600CANo
22 Texas State University 331.69% $23,365 $155,000TXYes
23 Central Connecticut State University 330.79% $12,848 $85,000CTNo
24 University of Massachusetts Boston 318.68% $19,499 $124,277MAYes
24 California State University, East Bay 318.21% $12,036 $76,600CAYes
26 University of Montana 312.06% $14,260 $89,000MTYes
27 Northern Arizona University 309.43% $11,004 $68,100AZYes
28 Augusta University 296.51% $10,590 $62,800GAYes
29 Southern Utah University 292.01% $9,212 $53,800UTYes
30 The University of Texas of the Permian Basin 290.52% $13,252 $77,000TXYes
31 Radford University 286.54% $15,984 $91,600VAYes
32 Stephen F. Austin State University 283.53% $11,630 $65,950TXYes
33 University of North Alabama 168.35% $17,820 $60,000ALYes
34 University of Nebraska at Kearney 275.14% $13,293 $73,150NEYes
35 Murray State University 274.75% $16,455 $90,419KYYes
36 Utah Valley University 271.21% $13,956 $75,700UTYes
37 Jacksonville State University 310.13% $15,408 $95,570ALYes
38 Southern Arkansas University 268.35% $13,788 $74,000ARYes
39 Governors State University 267.99% $13,788 $73,900ILYes
39 McNeese State University 267.77% $8,879 $47,550LAYes
40 The Citadel 267.29% $21,830 $116,700SCYes
42 Indiana State University 263.16% $19,000 $100,000INYes
43 Colorado Mesa University 261.55% $19,155 $100,200COYes
43 University of South Carolina Upstate 261.19% $14,224 $74,302SCYes
45 Idaho State University 259.86% $13,392 $69,600IDYes
46 University of Nebraska at Omaha 254.96% $17,493 $89,200NEYes
47 University of Massachusetts Dartmouth 252.09% $17,578 $88,625MAYes
48 University of Louisiana at Monroe 251.39% $10,800 $54,300LAYes
49 Brooklyn College of the City University of New York 250.41% $11,521 $57,700NYYes
49 Frostburg State University 250.00% $16,740 $83,700MDYes
51 Morgan State University 248.52% $16,095 $80,000MDYes
52 Indiana University Kokomo 246.63% $13,563 $66,900INNo
52 Western Kentucky University 246.03% $12,600 $62,000KYYes
54 California State University, Dominguez Hills 242.55% $16,986 $82,400CAYes
55 Kansas State University 241.60% $16,049 $77,550KSYes
56 The University of Iowa 240.52% $23,453 $112,820IAYes
57 University of Central Arkansas 238.90% $11,239 $53,700ARYes
58 Saginaw Valley State University 236.62% $21,649 $102,450MIYes
59 University of Alabama at Birmingham 231.48% $16,200 $75,000ALYes
59 State University of New York at Geneseo 231.19% $12,295 $56,850NYNo
61 Indiana University-Purdue University Fort Wayne 230.96% $16,756 $77,400INYes
61 University of Mary Washington 230.28% $19,476 $89,700VAYes
62 University of Illinois at Springfield 230.23% $14,833 $68,300ILYes
64 University of West Florida 229.53% $12,460 $57,200FLYes
65 Henderson State University 228.14% $13,040 $59,500ARYes
66 California State University, Los Angeles 224.70% $22,052 $99,100CANo
66 University of Maine 224.45% $19,500 $87,535MEYes
68 Arkansas State University 223.18% $13,935 $62,200ARYes
69 Western Illinois University 222.57% $15,231 $67,800ILYes
69 Florida Gulf Coast University 222.30% $13,428 $59,700FLYes
71 University of Florida 221.35% $26,473 $117,197FLYes
72 University of Houston-Downtown 220.89% $18,623 $82,273TXYes
72 Missouri University of Science and Technology 220.16% $16,488 $72,600MOYes
74 University of Alaska Fairbanks 215.37% $20,772 $89,474AKYes
75 University of Nevada, Reno 217.57% $19,000 $82,677NVYes
76 University of Nevada, Las Vegas 215.34% $21,784 $93,820NVYes
76 Southeast Missouri State University 215.16% $13,804 $59,400MOYes
77 Binghamton University 215.07% $17,469 $75,142NYNo
79 University of Southern Maine 214.86% $20,370 $87,535MEYes
80 University of South Florida St. Petersburg 213.24% $17,000 $72,500FLYes
81 State University of New York College at Plattsburgh 210.92% $13,121 $55,350NYNo
82 University of Wisconsin-Parkside 206.99% $15,327 $63,450WIYes
82 Missouri State University 206.51% $15,108 $62,400MOYes
83 California Polytechnic State University, San Luis Obispo 206.01% $27,462 $113,151CANo
85 Jacksonville University 205.82% $31,500 $129,665FLYes
86 Wright State University 204.77% $28,080 $115,000OHYes
86 Northern Kentucky University 204.70% $19,443 $79,600KYYes
88 Truman State University 202.08% $14,400 $58,200MONo
89 North Carolina Central University 201.62% $11,978 $48,300NCYes
90 Missouri Western State University 200.69% $12,893 $51,750MOYes
91 Lamar University 198.75% $16,000 $63,600TXYes
92 University of West Georgia 197.69% $15,125 $59,800GAYes
92 Eastern Illinois University 197.31% $15,255 $60,200ILYes
93 East Tennessee State University 197.29% $13,280 $52,400TNYes
95 The University of Georgia 196.87% $30,606 $120,510GAYes
96 Fayetteville State University 194.54% $13,956 $54,300NCYes
97 State University of New York at Oswego 192.21% $16,232 $62,400NYYes
98 University of Montevallo 191.91% $16,140 $61,950ALYes
98 Illinois State University 191.77% $20,050 $76,900ILNo
100 Pittsburg State University 190.79% $13,785 $52,600KSYes
100 Clarion University of Pennsylvania 190.35% $25,637 $97,600PAYes
102 Oklahoma State University-Main Campus 189.95% $19,295 $73,300OKYes
102 Kennesaw State University 189.47% $19,000 $72,000GAYes
103 Texas Southern University 189.02% $15,316 $57,900TXYes
105 University of Hawaii at Manoa 188.84% $21,288 $80,400HINo
105 West Texas A&M University 188.18% $20,725 $78,000TXYes
107 Black Hills State University 186.52% $14,114 $52,650SDYes
107 Midwestern State University 186.51% $14,174 $52,872TXYes
108 Jackson State University 186.33% $15,000 $55,900MSYes
109 University of South Florida 186.27% $14,955 $55,714FLYes
111 The University of Texas Rio Grande Valley 184.84% $17,745 $65,600TXYes
112 University of South Carolina 182.06% $26,485 $96,435SCYes
113 University of Southern Mississippi 181.83% $17,131 $62,300MSYes
113 University of Cincinnati 181.31% $23,996 $87,013OHYes
114 Appalachian State University 181.20% $17,463 $63,285NCYes
116 Southeastern Louisiana University 180.82% $13,245 $47,900LAYes
116 Ball State University 180.21% $21,197 $76,400INYes
118 Washburn University 179.76% $18,080 $65,000KSNo
119 Northern Illinois University 178.95% $26,096 $93,400ILYes
120 Dominican University 176.54% $32,004 $113,000ILYes
121 University of Wyoming 175.76% $26,460 $93,010WYYes
121 University of Arkansas at Little Rock 175.14% $18,071 $63,300ARYes
122 The University of Texas at Arlington 175.08% $22,504 $78,800TXYes
124 University of North Florida 174.52% $17,767 $62,014FLYes
125 Wichita State University 173.22% $18,849 $65,300KSYes
126 Michigan State University 172.92% $34,564 $119,539MIYes
126 Central Michigan University 172.80% $27,300 $94,350MIYes
127 Central Washington University 172.35% $16,841 $58,050WANo
129 The University of Akron 171.78% $17,872 $61,400OHYes
129 University of New Orleans 171.65% $20,128 $69,100LAYes
130 The University of Texas at Dallas 171.45% $35,918 $123,163TXYes
132 University of South Alabama 170.83% $14,400 $49,200ALYes
132 East Carolina University 170.43% $18,072 $61,600NCYes
133 Oklahoma State University Center for Health Sciences 170.06% $19,295 $65,626OKYes
134 Clayton State University 170.00% $17,000 $57,800GAYes
136 University of Missouri-St. Louis 167.57% $27,000 $90,489MOYes
137 Texas A&M University-Corpus Christi 166.69% $17,997 $60,000TXYes
137 Middle Tennessee State University 166.59% $26,712 $89,000TNYes
139 University of Massachusetts Amherst 165.41% $33,622 $111,227MAYes
139 University of Alabama in Huntsville 165.25% $21,483 $71,000ALYes
141 University of Houston-Clear Lake 164.90% $20,892 $68,900TXYes
142 California State University, Fresno 163.89% $27,000 $88,500CAYes
142 University of Dayton 163.59% $33,600 $109,932OHYes
144 Minnesota State University Moorhead 162.09% $26,220 $85,000MNYes
144 Boise State University 162.06% $21,932 $71,088IDYes
146 Western Michigan University 161.69% $29,377 $95,000MIYes
147 Kutztown University 159.69% $18,692 $59,700PAYes
147 University of South Dakota 159.66% $14,892 $47,553SDYes
148 The University of Texas at San Antonio 159.11% $24,512 $78,000TXYes
149 Arkansas Tech University 159.07% $13,909 $44,250ARYes
151 Baruch College-The City University of New York 158.86% $37,338 $118,633NYYes
151 The Pennsylvania State University at Harrisburg 158.63% $31,962 $101,400PAYes
153 The University of Memphis 157.89% $23,688 $74,800TNYes
153 Western Carolina University 157.87% $13,967 $44,100NCYes
155 University of Hartford 156.62% $30,168 $94,500CTYes
155 Georgia College & State University 156.29% $22,970 $71,800GAYes
157 University of Toledo 155.92% $23,506 $73,300OHYes
157 Lander University 155.05% $16,350 $50,700SCYes
158 University of Alaska Anchorage 155.00% $22,161 $68,700AKNo
160 Elizabeth City State University MBA 154.13% $11,630 $35,850NCNo
161 University of Tennessee at Chattanooga 153.26% $25,788 $79,043TNYes
162 University of Washington Tacoma 152.84% $49,504 $151,322WANo
162 Northeastern Illinois University 152.56% $24,367 $74,350ILYes
164 Florida State University 151.25% $18,693 $56,545FLYes
165 Fort Lewis College 150.77% $16,714 $50,400CONo
165 California State University, Sacramento 150.44% $25,260 $76,000CAYes
166 California State Polytechnic University Pomona 150.07% $29,800 $89,440CANo
167 The Pennsylvania State University Great Valley School of Graduate Professional Studies 150.06% $42,316 $127,000PAYes
169 University of Wisconsin Oshkosh 149.82% $29,168 $87,400WIYes
169 Oklahoma City University 149.03% $27,175 $81,000OKYes
171 Delaware State University 148.16% $15,625 $46,300DEYes
172 William Paterson University 147.98% $23,820 $70,500NJYes
172 Salem State University 147.97% $20,325 $60,150MANo
173 California State University, Stanislaus 147.97% $24,938 $73,800CAYes
175 University of Massachusetts Lowell 146.59% $26,127 $76,600MAYes
175 Marshall University 146.58% $19,170 $56,200WVYes
177 State University of New York at Fredonia 145.89% $16,965 $49,500NYNo
177 George Mason University 145.88% $37,737 $110,100VAYes
178 University of Illinois at Urbana-Champaign 145.83% $33,772 $98,500ILYes
180 University of Oklahoma-Norman Campus 144.42% $33,306 $96,200OKYes
180 Saint Mary's College of California 144.31% $40,608 $117,200CAYes
182 Oakland University 143.72% $30,024 $86,300MIYes
182 Rockhurst University 143.69% $24,150 $69,400MOYes
183 Salisbury University 143.56% $20,792 $59,700MDYes
184 Towson University 143.56% $24,084 $69,150MDYes
186 Mercer University-Macon and Atlanta Campuses 142.31% $28,980 $82,485GAYes
186 Coastal Carolina University 142.20% $18,460 $52,500SCYes
188 Auburn University 141.74% $27,385 $77,633ALYes
188 Louisiana Tech University 141.58% $16,518 $46,771LAYes
189 St. Cloud State University 141.19% $28,969 $81,800MNYes
190 Trinity University 141.08% $30,000 $84,646TXNo
192 The University of North Carolina at Greensboro 140.20% $25,000 $70,100NCYes
193 Valdosta State University 139.92% $22,870 $64,000GAYes
193 University of Illinois at Chicago 139.37% $60,264 $167,977ILYes
194 Alabama A&M University 139.20% $17,313 $48,200ALNo
196 Clark Atlanta University 138.96% $35,028 $97,350GAYes
197 University of Northern Iowa 137.98% $23,917 $66,000IANo
197 University of Minnesota Duluth 137.51% $33,798 $92,953MNNo
199 Southern Illinois University Carbondale 135.63% $21,972 $59,600ILYes
199 Providence College 135.32% $29,810 $80,678RINo
201 University of Wisconsin-River Falls 134.66% $27,216 $73,300WIYes
201 Wayne State University 134.58% $27,472 $73,946MIYes
203 Francis Marion University 133.81% $15,918 $42,600SCYes
203 College of William and Mary 133.33% $42,000 $112,000VAYes
204 Montclair State University 133.26% $34,669 $92,400NJYes
205 Eastern Michigan University 133.03% $34,616 $92,100MIYes
207 Kent State University 131.45% $19,908 $52,337OHYes
208 North Dakota State University 130.82% $21,022 $55,000NDYes
208 The University of Alabama 130.49% $28,377 $74,060ALYes
209 University of Tennessee at Knoxville 130.42% $38,875 $101,400TNYes
211 University of Detroit Mercy 129.95% $28,050 $72,900MIYes
212 Xavier University 128.80% $34,200 $88,100OHYes
212 University of Colorado Colorado Springs 128.40% $27,648 $71,000COYes
213 Berry College 128.21% $21,000 $53,850GAYes
214 The University of Texas at El Paso 128.19% $20,634 $52,900TXYes
215 Georgia State University 128.14% $36,522 $93,600GAYes
216 Christopher Newport University 128.03% $24,720 $63,300VANo
218 Prairie View A&M University 127.64% $23,699 $60,500TXYes
218 West Virginia University 127.40% $24,273 $61,847WVYes
220 Grand Valley State University 126.90% $30,024 $76,200MIYes
220 Iowa State University 126.06% $29,966 $75,552IAYes
222 California State University, Northridge 125.25% $30,897 $77,400CANo
222 Drury University 125.00% $23,760 $59,400MOYes
224 College of Charleston 124.65% $28,204 $70,314SCYes
224 La Salle University 124.54% $27,200 $67,750PAYes
225 Florida Southern College 124.07% $34,155 $84,749FLYes
227 Saint Xavier University 123.59% $38,961 $96,302ILYes
228 University of Oklahoma-Health Sciences Center 122.79% $33,306 $81,793OKYes
229 Abilene Christian University 120.93% $25,800 $62,400TXYes
229 Slippery Rock University 120.67% $25,318 $61,100PAYes
230 Virginia Commonwealth University 120.32% $34,172 $82,232VAYes
231 Nova Southeastern University 120.30% $37,722 $90,756FLYes
232 Old Dominion University 120.07% $31,564 $75,800VAYes
234 Texas Tech University 118.48% $28,155 $66,717TXYes
234 Siena College 118.42% $34,200 $81,000NYNo
235 University of Scranton 118.16% $34,740 $82,100PAYes
236 Utah State University 118.06% $36,000 $85,000UTYes
238 Virginia State University 117.90% $24,978 $58,900VAYes
238 The University of Mississippi 117.65% $25,914 $60,977MSYes
239 Meredith College 117.09% $33,990 $79,600NCYes
241 Ohio University 115.68% $21,438 $49,598OHYes
241 San Jose State University 115.61% $39,270 $90,800CAYes
242 Gonzaga University 115.55% $39,270 $90,753WAYes
243 San Diego State University 115.22% $31,200 $71,900CANo
244 University of Washington Bothell 115.17% $52,446 $120,800WANo
245 University of Connecticut 115.08% $44,100 $101,501CTYes
247 University of Colorado Denver 114.91% $47,102 $108,246COYes
247 SUNY University at Albany 114.55% $34,750 $79,615NYYes
248 University at Albany, State University of New York 114.55% $34,750 $79,615NYYes
249 The University of New Mexico 114.13% $26,725 $61,000NMYes
251 Woodbury University 113.54% $26,510 $60,200CAYes
251 University of St. Thomas-Houston 113.39% $35,000 $79,371TXYes
253 University of Arkansas 112.47% $35,527 $79,911ARNo
253 Indiana University Bloomington/Indianapolis 112.02% $60,858 $136,352INYes
255 University of North Carolina at Charlotte 111.03% $37,946 $84,260NCYes
256 Colorado State University 110.99% $42,480 $94,300COYes
256 University of Baltimore 110.17% $35,128 $77,400MDYes
258 Ithaca College 109.71% $32,040 $70,300NYNo
258 Indiana University of Pennsylvania 109.65% $29,001 $63,600PAYes
259 Auburn University at Montgomery 109.64% $28,593 $62,700ALYes
260 Rider University 109.54% $38,160 $83,600NJYes
261 Sacred Heart University 109.24% $35,840 $78,300CTYes
263 Florida Atlantic University 108.64% $36,000 $78,220FLYes
264 Georgia Institute of Technology 107.89% $63,404 $136,819GANo
264 Saint Joseph's University 107.20% $42,912 $92,000PAYes
265 University of Wisconsin-Madison 107.05% $55,575 $118,983WINo
267 Philadelphia University 106.52% $30,744 $65,500PAYes
267 Fairleigh Dickinson University 106.31% $38,520 $81,900NJYes
268 Widener University 106.09% $36,102 $76,600PAYes
270 Western New England University 105.97% $36,000 $76,300MAYes
270 Ramapo College of New Jersey 105.67% $46,892 $99,100NJYes
271 Valparaiso University 105.33% $30,780 $64,840INYes
272 University of Kansas 105.16% $32,701 $68,780KSYes
273 Queens University of Charlotte 105.03% $41,940 $88,100NCYes
275 Winston-Salem State University 104.17% $22,248 $46,350NCYes
276 University of Wisconsin-Milwaukee 103.60% $32,769 $67,900WIYes
276 University of Vermont 103.52% $31,878 $66,000VTYes
277 Winthrop University 103.45% $29,000 $60,000SCYes
278 University of Wisconsin-Stevens Point 103.37% $28,224 $58,350WIYes
279 Arizona State University 101.59% $61,354 $124,664AZYes
281 University of Delaware 102.62% $39,954 $82,000DEYes
281 Colorado State University-Pueblo 102.41% $24,168 $49,500COYes
283 Brigham Young University 101.87% $58,544 $119,281UTNo
283 Saint Louis University 101.79% $37,470 $76,282MONo
285 Shippensburg University 100.79% $34,380 $69,300PAYes
285 John Carroll University 100.45% $32,356 $65,000OHYes
287 University at Buffalo, State University of New York 99.31% $35,716 $70,938NYYes
288 Bowling Green State University 98.99% $27,200 $53,853OHYes
289 The University of Arizona 95.42% $56,250 $107,345AZYes
289 Creighton University 97.79% $33,234 $65,000NEYes
290 Elon University 97.78% $42,237 $82,600NCNo
291 Southern University at New Orleans 97.63% $28,884 $56,400LAYes
292 Rutgers-The State University of New Jersey-Newark/New Brunswick 97.36% $58,442 $113,800NJYes
293 Villanova University 97.33% $60,000 $116,800PAYes
294 Marquette University 97.28% $46,620 $90,700WIYes
296 University of Central Florida 96.41% $39,000 $75,200FLYes
297 Shenandoah University 95.96% $46,840 $89,900VANo
297 University of Dallas 95.86% $45,900 $88,000TXYes
298 University of Washington 95.81% $76,890 $147,340WANo
300 University at Buffalo 94.50% $38,358 $72,500NYYes
301 Hofstra University 93.71% $58,960 $110,500NYYes
301 Indiana University Bloomington 93.64% $62,688 $117,400INYes
302 The Pennsylvania State University 93.48% $61,236 $114,483PAYes
303 Texas A&M University 93.21% $62,000 $115,585TXYes
304 Norfolk State University 93.18% $25,380 $47,300VAYes
306 Whitworth University 92.66% $34,560 $64,050WAYes
307 California State University, San Bernardino 91.81% $41,500 $76,200CAYes
307 California State University, Fullerton 91.47% $44,550 $81,500CAYes
308 Clemson University 91.40% $43,088 $78,767SCYes
309 The University of Michigan-Dearborn 91.38% $50,997 $93,200MIYes
310 University of Houston 91.36% $47,000 $85,878TXYes
312 University of Pittsburgh 90.01% $57,195 $102,965PAYes
313 Bryant University 89.40% $42,180 $75,417RIYes
313 Howard University 89.34% $71,204 $127,223DCYes
314 The College of New Jersey 89.14% $50,482 $90,000NJYes
316 University of Utah 88.54% $65,700 $116,348UTYes
317 Samford University 87.78% $33,264 $58,400ALYes
317 Michigan Technological University 87.18% $49,294 $85,950MIYes
319 Stonehill College 86.80% $46,642 $80,970MANo
320 California State University-San Marcos 85.85% $30,518 $52,400CANo
320 University of Louisville 85.79% $32,000 $54,903KYYes
321 North Carolina State University 85.77% $55,732 $95,606NCYes
322 Northern Michigan University 85.74% $28,866 $49,500MIYes
323 University of Kentucky 85.65% $39,449 $67,579KYNo
324 Stetson University 85.27% $38,700 $66,000FLYes
326 Le Moyne College 84.97% $35,952 $61,100NYNo
326 Bellarmine University 84.24% $32,495 $54,750KYYes
328 Northwestern State University of Louisiana 83.40% $28,866 $48,150LAYes
328 University of Colorado at Boulder 83.40% $55,997 $93,401CONo
330 Seattle University 79.68% $54,594 $87,000WAYes
330 University of Louisiana at Lafayette 81.84% $31,281 $51,200LAYes
331 Roger Williams University 81.74% $40,648 $66,450RINo
332 The University of Tulsa 81.24% $51,516 $83,700OKYes
333 University of New Haven 81.22% $39,770 $64,600CTYes
335 University of New Hampshire 80.94% $41,182 $66,667NHYes
335 Bradley University 80.37% $35,740 $57,450ILYes
336 St. Bonaventure University 80.12% $37,380 $59,900NYYes
338 Temple University 79.99% $60,000 $95,989PAYes
338 Montana State University 79.92% $35,565 $56,850MTNo
339 DePaul University 79.70% $53,952 $86,000ILNo
341 California State University, Long Beach 78.76% $45,600 $71,833CAYes
341 The Pennsylvania State University at Erie The Behrend College 78.40% $60,972 $95,600PAYes
343 Fairfield University 77.92% $41,580 $64,800CTYes
343 Barry University 77.72% $35,640 $55,400FLYes
344 St. Mary's University 77.71% $37,061 $57,600TXYes
345 Loyola University New Orleans 77.44% $35,700 $55,290LAYes
347 Portland State University 76.75% $50,984 $78,264ORYes
347 New York Institute of Technology 76.28% $55,440 $84,580NYYes
349 Butler University 75.64% $39,000 $59,000INYes
350 New Jersey Institute of Technology 74.73% $66,576 $99,501NJYes
351 Florida International University 73.95% $42,000 $62,115FLYes
351 Drexel University 73.48% $59,241 $87,061PAYes
352 Alfred University 73.29% $39,500 $57,900NYYes
353 Niagara University 73.16% $40,800 $59,700NYYes
355 Oregon State University 72.85% $52,090 $75,900ORYes
355 University of San Diego 72.79% $69,610 $101,333CANo
356 Santa Clara University 72.74% $83,860 $122,000CAYes
357 Stockton University 72.25% $33,012 $47,700NJYes
359 Quinnipiac University 70.17% $52,015 $73,000CTYes
360 Lehigh University 69.45% $68,900 $95,699PAYes
360 University of North Texas 69.40% $52,268 $72,545TXYes
361 Nicholls State University 69.39% $40,812 $56,641LAYes
362 Western Washington University 69.25% $48,448 $67,100WANo
364 Pacific Lutheran University 68.92% $47,664 $65,700WANo
364 Iona University 68.78% $49,940 $68,700NYYes
365 Seton Hall University 68.22% $57,225 $78,081NJYes
366 University of Minnesota 68.17% $89,402 $121,882MNYes
368 Manhattan College 67.98% $48,970 $66,575NYYes
368 Suffolk University 67.73% $59,391 $80,455MAYes
369 Duquesne University 67.66% $57,090 $77,253PAYes
370 Canisius College 67.23% $41,880 $56,315NYYes
372 The University of North Carolina at Chapel Hill 65.25% $102,314 $133,517NCYes
373 University of Oregon 64.84% $65,726 $85,236ORNo
373 Millsaps College 64.80% $36,072 $46,750MSNo
374 Bentley University 64.72% $67,080 $86,822MAYes
375 Fordham University 64.08% $99,497 $127,511NYYes
377 Syracuse University 63.61% $67,392 $85,731NYYes
377 Louisiana State University 63.52% $50,486 $64,142LAYes
378 University of California, Irvine 63.13% $97,342 $122,899CAYes
380 University of Portland 62.70% $58,617 $73,500ORNo
380 Yeshiva University 62.22% $90,984 $113,214NYYes
382 University of Evansville 61.88% $45,936 $56,850INNo
382 Tennessee Technological University 61.85% $54,000 $66,800TNYes
383 University of California, Davis Business School 61.53% $88,634 $109,075CAYes
384 University of Rochester 61.40% $108,038 $132,671NYNo
385 Long Island University-Post Campus 61.36% $53,454 $65,600NYYes
386 University of Maryland 61.25% $98,865 $121,103MDYes
388 Southern Methodist University 60.97% $100,541 $122,609TXYes
388 James Madison University 60.91% $75,600 $92,100VAYes
389 Illinois Institute of Technology 60.83% $67,690 $82,352ILYes
390 St. John Fisher College 60.79% $46,836 $56,947NYYes
391 Fairleigh Dickinson University 60.70% $67,468 $81,900NJYes
392 Babson College 60.69% $89,550 $108,703MAYes
393 Loyola University Chicago 60.65% $73,375 $89,000ILYes
394 Hult International Business School 60.55% $85,000 $102,928MAYes
395 The University of Texas at Austin 60.02% $120,432 $144,564TXNo
397 Belmont University 59.39% $69,207 $82,200TNNo
397 University of Miami 59.35% $92,290 $109,555FLYes
398 Clarkson University 59.30% $59,032 $70,017NYYes
400 Harvard University 58.40% $149,820 $175,000MANo
401 The University of Michigan 55.99% $137,056 $153,465MIYes
401 South Carolina State University 55.56% $38,880 $43,200SCYes
402 Georgetown University 55.50% $124,814 $138,552DCYes
403 University of Richmond 55.34% $72,000 $79,683VANo
404 Stanford University 55.04% $165,591 $182,272CANo
406 University of California, Berkeley 54.73% $139,628 $152,831CANo
406 Northwestern University 54.00% $162,030 $175,000ILNo
408 University of Notre Dame 53.85% $123,500 $133,018INNo
408 American University 53.76% $98,282 $105,666DCYes
409 Vanderbilt University 53.32% $131,000 $139,711TNNo
411 Bucknell University 52.39% $64,418 $67,500PANo
411 Stevens Institute of Technology 52.15% $81,880 $85,398NJYes
412 University of San Francisco 52.08% $79,200 $82,500CANo
413 Case Western Reserve University 52.08% $92,040 $95,875OHYes
415 University of Virginia-Darden 51.95% $151,200 $157,090VAYes
415 Clark University 51.94% $59,080 $61,367MAYes
416 University of California, Los Angeles 51.61% $142,142 $146,727CANo
417 The George Washington University 51.26% $113,090 $115,951DCYes
418 Rice University 51.13% $139,081 $142,212TXYes
420 University of Denver 50.85% $96,638 $98,276COYes
420 New York University 50.42% $160,130 $161,475NYNo
421 Loyola Marymount University 50.39% $89,202 $89,900CANo
422 The Ohio State University 50.31% $106,123 $106,779OHYes
423 Carnegie Mellon University 50.21% $147,456 $148,067PAYes
424 Loyola University Maryland 50.19% $59,950 $60,182MDYes
426 Yale University 49.74% $153,540 $152,744CTNo
426 Adelphi University 49.72% $75,420 $75,000NYYes
427 The University of Chicago 49.55% $167,393 $165,887ILNo
428 Lawrence Technological University 49.46% $83,400 $82,499MIYes
429 Emory University 49.36% $151,689 $149,759GAYes
430 Boston College 49.36% $118,336 $116,815MANo
432 University of California, San Diego 48.93% $106,246 $103,969CANo
432 Northeastern University 48.77% $102,582 $100,063MAYes
433 University of Southern California 48.70% $154,339 $150,314CAYes
434 The University of Michigan-Flint 48.69% $73,328 $71,400MIYes
435 Boston University 48.65% $124,248 $120,884MAYes
436 Wake Forest University 48.64% $79,975 $77,800NCYes
437 Massachusetts Institute of Technology 48.59% $164,000 $159,391MANo
438 Duke University 48.33% $157,546 $152,297NCYes
439 Dartmouth College 48.31% $165,442 $159,842NHNo
441 Johns Hopkins University 47.76% $133,000 $127,044MDYes
441 Monmouth University 47.65% $67,152 $64,000NJYes
442 Rollins College 47.03% $63,898 $60,100FLNo
444 Texas Christian University 46.60% $115,380 $107,543TXYes
444 University of Pennsylvania 46.26% $179,852 $166,391PANo
445 Baylor University 46.20% $85,692 $79,176TXYes
447 Rensselaer Polytechnic Institute 45.51% $92,510 $84,200NYNo
447 Brandeis University 45.33% $120,223 $109,000MANo
449 Columbia University 44.96% $180,258 $162,099NYNo
450 Washington University in St. Louis 43.91% $134,020 $117,687MOYes
450 Willamette University 43.24% $80,500 $69,615ORNo
452 Pepperdine University 42.78% $104,333 $89,258CAYes
452 Washington and Lee University 42.70% $63,315 $54,066VANo
454 Tulane University 41.90% $116,040 $97,241LAYes
454 Claremont Graduate University 41.85% $96,520 $80,778CANo
456 Ohio Northern University 39.25% $73,000 $57,300OHNo
456 Chapman University 39.06% $97,750 $76,368CANo
458 St. John's University 37.63% $83,205 $62,619NYYes
459 University of California, Riverside 36.79% $98,293 $72,321CANo
460 Cornell University 35.29% $219,688 $155,048NYNo
461 Miami University 34.00% $136,342 $92,700OHYes
462 The University of Tampa 30.70% $107,114 $65,758FLYes
462 Pace University 30.66% $116,744 $71,590NYYes
464 Rochester Institute of Technology 29.90% $108,352 $64,800NYYes

For example, the top rated MBA program is University of Pennsylvania with an with an average in-state tuition of $74,500, an average startling salary for gradates of $146,303, giving an ROI of 98.19%.

Compare that to Fayetteville State University with an with an average in-state tuition of $6,900, an average startling salary for gradates of $92,432, giving an ROI of 669.80%.

When evaluating ROI for MBA programs, you might want to consider their location and length. Programs located in large cities usually come with higher tuition and living costs while shorter programs can get you out into the job market faster. You should also consider the school’s ranking as this can affect your chances of getting accepted into a top notch program.

Overall, when choosing an MBA program it is important to understand the costs involved as well as the potential return on your investment. By comparing tuition and expected salaries of various programs, you can make an informed decision that will help you achieve your career goals.

25 Lowest ROI for Online MBA Programs

  1. Rochester Institute of Technology - 29.90%
  2. Pace University - 30.66%
  3. The University of Tampa - 30.70%
  4. Miami University - 34.00%
  5. St. John's University - 37.63%
  6. Tulane University - 41.90%
  7. Pepperdine University - 42.78%
  8. Washington University in St. Louis - 43.91%
  9. Baylor University - 46.20%
  10. Texas Christian University - 46.60%
  11. Monmouth University - 47.65%
  12. Johns Hopkins University - 47.76%
  13. Duke University - 48.33%
  14. Wake Forest University - 48.64%
  15. Boston University - 48.65%
  16. The University of Michigan-Flint - 48.69%
  17. University of Southern California - 48.70%
  18. Northeastern University - 48.77%
  19. Emory University - 49.36%
  20. Lawrence Technological University - 49.46%
  21. Adelphi University - 49.72%
  22. Loyola University Maryland - 50.19%
  23. Carnegie Mellon University - 50.21%
  24. The Ohio State University - 50.31%
  25. University of Denver - 50.85%

25 Lowest Campus ROI for MBA Programs

  1. Rochester Institute of Technology - 29.90%
  2. Pace University - 30.66%
  3. The University of Tampa - 30.70%
  4. Miami University - 34.00%
  5. Cornell University - 35.29%
  6. University of California, Riverside - 36.79%
  7. St. John's University - 37.63%
  8. Chapman University - 39.06%
  9. Ohio Northern University - 39.25%
  10. Claremont Graduate University - 41.85%
  11. Tulane University - 41.90%
  12. Washington and Lee University - 42.70%
  13. Pepperdine University - 42.78%
  14. Willamette University - 43.24%
  15. Washington University in St. Louis - 43.91%
  16. Columbia University - 44.96%
  17. Brandeis University - 45.33%
  18. Rensselaer Polytechnic Institute - 45.51%
  19. Baylor University - 46.20%
  20. University of Pennsylvania - 46.26%
  21. Texas Christian University - 46.60%
  22. Rollins College - 47.03%
  23. Monmouth University - 47.65%
  24. Johns Hopkins University - 47.76%
  25. Dartmouth College - 48.31%

Tips for Using ROI as a Method for Choosing an MBA Program

for Using ROI as a Method for Choosing an MBA Program

The ROI analysis of 464 MBA programs reveals striking patterns that challenge conventional wisdom about business school selection. This comprehensive data shows that program prestige and cost don’t necessarily correlate with the best financial returns.

Understanding ROI Dynamics

The relationship between MBA program investment and returns follows a distinctive pattern that contradicts common assumptions. Lesser-known state universities consistently deliver the highest ROI (500-567%), while prestigious private institutions often show lower returns (30-50%). This creates a clear bell curve distribution where the national average sits at 146%, with extreme variations at both ends. The data demonstrates that premium pricing doesn’t guarantee premium returns, and affordable programs often provide superior financial outcomes.

Program Value Assessment
State universities consistently outperform on ROI metrics, with online programs averaging 157% ROI versus 146% for campus programs. Regional schools frequently provide better financial returns than prestigious institutions, challenging the traditional notion that elite programs are the best investment.

Strategic Evaluation Framework

Making an informed MBA program choice requires careful consideration of multiple financial factors beyond just tuition costs. A comprehensive evaluation must include all program-related expenses and potential returns.

Financial Metrics
The total investment calculation must consider:

  • Program tuition and fees
  • Living expenses for program duration
  • Opportunity cost of lost wages
  • Expected starting salary post-graduation
  • Geographic salary variations
  • Industry-specific compensation trends

Making the ROI Decision

The ROI calculation provides a clear metric for comparing programs:

$ latex \displaystyle ROI = \frac{(\text{Graduate Salary} – \text{Tuition})}{\text{Tuition}} \times 100\% $

This formula reveals surprising results when comparing institutions. For example, Tennessee State University demonstrates superior ROI (567%) with $9,452 tuition leading to $107,108 starting salary, while Harvard shows 58% ROI with $149,820 tuition leading to $175,000 starting salary.

Beyond ROI Considerations

While ROI provides a crucial metric, other factors contribute to the long-term value of an MBA program. Career alignment factors include:

  • Industry placement rates in desired sectors
  • Geographic job market strength in target locations
  • Alumni network reach and effectiveness
  • Program specialization options matching career goals
  • Employer relationships and recruitment patterns

The data conclusively shows that the highest ROI programs often come from unexpected sources, suggesting that prospective students should look beyond traditional rankings and focus on programs offering optimal financial returns while aligning with their career objectives and long-term professional growth plans.

As you evaluate the return on investment for MBA programs, also look at school rankings. Top business schools such as Harvard Business School, Stanford Graduate School of Business, and University of Pennsylvania’s Wharton School produce graduates with high salaries and ROI.

Each school has its own unique offerings and benefits that can help you make a decision on which school to attend. It is important to research each school’s curriculum and offerings to ensure that it fits with your career aspirations. Additionally, it is important to look at the average starting salary that graduates receive after completing the program. This can help you determine how much you will be able to earn after graduation.

When making a decision about which MBA program is best for you, it is important to evaluate the cost and ROI for each program. Make sure that you compare each school’s tuition fees with the average salary for MBA graduates from that particular school. This will help you determine if you can make a good return on your investment.

Online vs. Campus MBA ROI Comparison

Financial Returns

  • Online MBA average ROI: 157%
  • Campus MBA average ROI: 146%
  • Online programs often deliver better financial returns due to continued employment[2]

Cost Structure

FactorOnline MBACampus MBA
TuitionLowerHigher
Living ExpensesNoneSignificant
Opportunity CostMinimalHigh (lost wages)
Total Investment$10,000-40,000$120,000-180,000

Career Impact

  • Online programs allow immediate application of skills in current role
  • Campus programs offer stronger in-person networking
  • Both formats show similar post-graduation salary potential ($115,000 average)

Key Advantages

Online MBA Benefits

  • Continue earning while studying
  • No relocation costs
  • Flexible schedule
  • Lower total program cost
  • Higher average ROI

Campus MBA Benefits

  • Stronger in-person networking
  • Traditional recruiting opportunities
  • Full immersion experience
  • Direct peer interaction
  • Immediate access to faculty

The data demonstrates that online MBA programs often provide superior ROI due to lower costs and the ability to maintain employment during study, though both formats can deliver strong career outcomes when aligned with individual goals and circumstances.

Roi For Mba Programs

ROI for MBA Programs

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