2025 Best MBAs in Business Administration

MBA Programs in Management
Tuition, ROI, Graduate Salary, GMAT Requirements

10 Best Ranked | 100 Best Interactive Table | Salaries | Tuition | ROI | GMAT | Alumni Networking | How We Rank

Executive Summary for MBA Programs in Management MBA Programs

The ranking team at MBAGuide.org, evaluated 423 Management MBA programs. Here is a summary of our comprehensive findings. Explore the details about the Management MBA, compare schools, find states and cities where the degree is offered.

1. Comprehensive comparisons, data and analysis – MBAGuide conducted an in-depth analysis of 423 AACSB-accredited campus MBA programs in Management to find the top programs in the country.
2. Ranking metrics you care about – such as average starting salaries, tuition fees, return on investment (ROI), GMAT scores, alumni networks, student-to-faculty ratios, and more with no paywall.
3. Detailed school profiles of Management MBA programs their strengths, faculty expertise, alumni networks to help align your program choice

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Best 10 MBA Programs in Management

Interactive Table of the Best Ranked MBA Programs in Management

Easily sort the interactive table below to find the best Management MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Management. Click on any school for a comprehensive school profile.

Rank	University	ROI	In State Tuition	Avg. Starting Salary	State	Online
1	The University of Texas at Dallas	243.00%	$45,000	$123,163	TX	Yes
2	Indiana University Bloomington/Indianapolis	124.00%	$29,573	$136,352	IN	Yes
3	Harvard University	17.00%	$149,820	$175,000	MA	No
4	University of Washington	97.00%	$76,890	$151,322	WA	No
5	University of Wisconsin-Madison	114.00%	$55,575	$118,983	WI	Yes
6	Northwestern University	8.00%	$162,030	$175,000	IL	No
7	The University of North Carolina at Chapel Hill	33.00%	$100,218	$133,517	NC	Yes
8	Michigan State University	246.00%	$34,564	$119,539	MI	Yes
9	The University of Georgia	294.00%	$30,606	$120,510	GA	Yes
10	University of South Carolina	269.00%	$26,485	$97,819	SC	No
11	University of Massachusetts Boston	537.00%	$19,499	$124,277	MA	Yes
12	University of Virginia-McIntire	4.00%	$151,200	$157,090	VA	No
13	Emory University	-1.00%	$151,689	$149,759	GA	No
14	Columbia University	-8.00%	$176,600	$162,099	NY	No
15	The University of Texas at Austin	20.00%	$120,432	$144,564	TX	No
16	Southern Methodist University	27.00%	$96,788	$122,609	TX	Yes
17	Georgia Institute of Technology	116.00%	$63,404	$136,819	GA	No
18	University of Southern California	-3.00%	$154,339	$150,314	CA	Yes
19	Georgetown University	11.00%	$124,814	$138,552	DC	Yes
20	The University of Iowa	381.00%	$23,453	$112,820	IA	No
21	Stanford University	10.00%	$165,591	$182,272	CA	No
22	University of California, Berkeley	9.00%	$139,628	$152,831	CA	No
23	University of St. Thomas-Minnesota	67.00%	$61,596	$102,900	MN	Yes
24	University of Pennsylvania	-7.00%	$179,852	$166,391	PA	No
25	University of Maryland	22.00%	$98,865	$121,103	MD	Yes
26	University of California, Los Angeles	3.00%	$142,142	$146,727	CA	No
27	The University of Chicago	-1.00%	$167,393	$165,887	IL	No
28	University of Florida	343.00%	$26,473	$117,197	FL	Yes
29	Yale University	-1.00%	$153,540	$152,744	CT	No
30	The Pennsylvania State University	87.00%	$61,236	$114,483	PA	Yes
31	University of Illinois at Chicago	179.00%	$60,264	$167,977	IL	Yes
32	American University	8.00%	$98,282	$105,666	DC	Yes
33	Massachusetts Institute of Technology	-3.00%	$164,000	$159,391	MA	No
34	The George Washington University	3.00%	$113,090	$115,951	DC	No
35	Boston University	-3.00%	$124,248	$120,884	MA	Yes
36	Fordham University	28.00%	$99,497	$127,511	NY	Yes
37	University of Hartford	213.00%	$30,168	$94,500	CT	Yes
38	Vanderbilt University	7.00%	$131,000	$139,711	TN	No
39	Texas A&M University	86.00%	$62,000	$115,585	TX	No
40	The University of Michigan	12.00%	$137,056	$153,465	MI	Yes
41	Cornell University	-3.00%	$159,820	$155,048	NY	No
42	University of Notre Dame	8.00%	$123,500	$133,018	IN	No
43	Rice University	2.00%	$139,081	$142,212	TX	Yes
44	New Jersey Institute of Technology	49.00%	$66,576	$99,501	NJ	Yes
45	University of Tennessee at Knoxville	161.00%	$38,875	$101,400	TN	Yes
46	Northeastern University	-2.00%	$102,582	$100,063	MA	Yes
47	Arizona State University	106.00%	$60,393	$124,664	AZ	Yes
48	Dartmouth College	3.00%	$155,040	$159,842	NH	No
49	University of Utah	77.00%	$65,700	$116,348	UT	Yes
50	North Carolina A&T State University	996.00%	$9,790	$107,327	NC	Yes
51	University of California, Irvine	26.00%	$97,342	$122,899	CA	No
52	Baruch College-The City University of New York	218.00%	$37,338	$118,633	NY	Yes
53	University of Massachusetts Amherst	231.00%	$33,622	$111,227	MA	Yes
54	Santa Clara University	45.00%	$83,860	$122,000	CA	Yes
55	Temple University	60.00%	$60,000	$95,989	PA	Yes
56	University of Cincinnati	263.00%	$23,996	$87,013	OH	Yes
57	Case Western Reserve University	4.00%	$92,040	$95,875	OH	No
58	University of Delaware	105.00%	$39,954	$82,000	DE	Yes
59	Rutgers-The State University of New Jersey-Newark/New Brunswick	95.00%	$58,442	$113,800	NJ	Yes
60	Babson College	21.00%	$89,550	$108,703	MA	Yes
61	Lehigh University	39.00%	$68,900	$95,699	PA	No
62	Georgia State University	156.00%	$36,522	$93,600	GA	Yes
63	University of California, San Diego	-2.00%	$106,246	$103,969	CA	No
64	Brandeis University	-9.00%	$120,223	$109,000	MA	No
65	University of Colorado at Boulder	67.00%	$55,997	$93,401	CO	Yes
66	The University of Arizona	96.00%	$54,785	$107,345	AZ	Yes
67	Indiana State University	332.00%	$19,000	$82,000	IN	Yes
68	The University of Memphis	216.00%	$23,688	$74,800	TN	Yes
69	University of Pittsburgh	51.00%	$68,348	$102,965	PA	No
70	Boston College	-1.00%	$118,336	$116,815	MA	No
71	Villanova University	95.00%	$60,000	$116,800	PA	Yes
72	Texas Christian University	-7.00%	$115,380	$107,543	TX	Yes
73	University of Illinois at Urbana-Champaign	192.00%	$33,772	$98,500	IL	Yes
74	Stevens Institute of Technology	4.00%	$81,880	$85,398	NJ	Yes
75	Hofstra University	87.00%	$58,960	$110,500	NY	Yes
76	George Mason University	192.00%	$37,737	$110,100	VA	Yes
77	University of Miami	19.00%	$92,290	$109,555	FL	Yes
78	Middle Tennessee State University	233.00%	$26,712	$89,000	TN	Yes
79	Xavier University	158.00%	$34,200	$88,100	OH	Yes
80	Queens University of Charlotte	110.00%	$41,940	$88,100	NC	Yes
81	University of Nevada, Las Vegas	331.00%	$21,784	$93,820	NV	Yes
82	University of Houston	83.00%	$47,000	$85,878	TX	Yes
83	Baylor University	-8.00%	$85,692	$79,176	TX	Yes
84	University of Nebraska-Lincoln	185.00%	$32,400	$92,300	NE	Yes
85	Oregon State University	46.00%	$52,090	$75,900	OR	Yes
86	Miami University	-32.00%	$136,342	$92,700	OH	Yes
87	Purdue University Northwest	605.00%	$12,350	$87,100	IN	No
88	The University of Michigan-Dearborn	83.00%	$50,997	$93,200	MI	Yes
89	Loyola University Chicago	21.00%	$73,375	$89,000	IL	No
90	The Citadel	435.00%	$21,830	$116,700	SC	Yes
91	University of Oklahoma	146.00%	$33,306	$81,793	OK	Yes
92	College of William and Mary	167.00%	$42,000	$112,000	VA	Yes
93	University of San Diego	46.00%	$69,610	$101,333	CA	Yes
94	University of San Francisco	4.00%	$79,200	$82,500	CA	Yes
95	Clemson University	83.00%	$43,088	$78,767	SC	Yes
96	The University of Alabama	161.00%	$28,377	$74,060	AL	Yes
97	Murray State University	449.00%	$16,455	$90,419	KY	Yes
98	University of Southern Mississippi	264.00%	$17,131	$62,300	MS	No
99	Iowa State University	152.00%	$29,966	$75,552	IA	Yes
100	Saint Mary's College of California	189.00%	$40,608	$117,200	CA	Yes

An MBA program in Management will cost you between $7,458.00 to $179,852.00.

• Number of Programs Offering Management MBAs: 423
• Average GMAT Score for Management MBA Programs: 568
• Average In-State Tuition for Management MBA Programs: $42,020.65
• Average Graduate Salary for Management MBA Programs: $82,820
• Average ROI for Management MBA Programs: 187%

Compare Management MBA Program Averages vs Campus

Averages	MBA Programs	Online MBA Programs
Number of Programs	423	326
Average Starting Salary	$82,820	$78,785
Average MBA Tuition	$42,021	$35,759
Average ROI	187%	198%
Average GMAT Scores	568	560
Average Full-Time MBA Faculty	73	73
Average MBA Student Faculty Ratio	17:1	17:1
Faculty with Doctorate	84%	84%
Average Full-Time MBA Enrollment	288	281
Average Part-Time MBA Enrollment	322	349
Average % of MBA Students from U.S.	84%	84%

Read about our ranking methodology.

What is the Average MBA Salary for Management Graduates?

Though it’s not the only factor, compensation is an important consideration for individuals considering obtaining an MBA degree. Salaries for graduates with master’s degrees in Management can be significantly higher than those of graduates with only a bachelor’s degree. In addition, advance salary projections from the US Department of Labor show that average MBA salaries are expected to increase by 13.5% each year through the year 2028 with an annual need of 99,000 new managers needed each year.

MBA salaries differs wildly depending on the program you chose, the industry you enter and the experience you have. After earning an MBA from Grambling State University, the average MBA graduate annual salary is $39,900 . A degree from Stanford University, will provide an annual salary of $182,272.

Average MBA starting salary for graduates from accredited programs is $82,820 with the lowest of starting of $39,900 and the highest reported starting salary of $182,272.

Average Graduate Salaries for In-Person Management MBA Programs

• Average Management: $82,820
• Lowest Management: $39,900
• Highest Management: $182,272

Average Salary for Graduate of MBA Programs in Management Programs – Interactive Table

Easily sort the interactive table below to find the best Management MBA programs by Starting Salary, and Campus or Online to find and to compare MBA programs in Management. Click on any school for a comprehensive school profile.

Rank	University	Avg. Starting Salary	In State Tuition	ROI	State	Online
1	Grambling State University	$39,900	$8,460	372.00%	LA	No
2	Eastern Kentucky University	$42,450	$15,264	178.00%	KY	Yes
3	Francis Marion University	$42,600	$15,918	168.00%	SC	Yes
4	Western Carolina University	$44,100	$13,967	216.00%	NC	Yes
5	Arkansas Tech University	$44,250	$9,435	369.00%	AR	Yes
6	Louisiana State University Shreveport	$45,300	$12,474	263.00%	LA	Yes
7	The University of North Dakota	$46,200	$19,793	133.00%	ND	Yes
8	Delaware State University	$46,300	$15,625	196.00%	DE	Yes
9	Louisiana Tech University	$46,771	$16,518	183.00%	LA	Yes
10	McNeese State University	$47,550	$8,879	436.00%	LA	Yes
11	University of South Dakota	$47,553	$14,892	219.00%	SD	Yes
12	Stockton University	$47,700	$33,012	44.00%	NJ	No
13	Southeastern Louisiana University	$47,900	$13,245	262.00%	LA	Yes
14	Alabama A&M University	$48,200	$17,313	178.00%	AL	Yes
15	University of South Alabama	$49,200	$14,400	242.00%	AL	Yes
16	Colorado State University-Pueblo	$49,500	$24,168	105.00%	CO	Yes
17	Ohio University	$49,598	$21,438	131.00%	OH	Yes
18	Eastern Washington University	$50,300	$16,500	205.00%	WA	Yes
19	University of Louisiana at Lafayette	$51,200	$31,281	64.00%	LA	Yes
20	Missouri Western State University	$51,750	$12,893	301.00%	MO	Yes
21	Kent State University	$52,337	$19,908	163.00%	OH	Yes
22	California State University, San Marcos	$52,400	$15,648	235.00%	CA	No
22	East Tennessee State University	$52,400	$13,280	295.00%	TN	Yes
24	Coastal Carolina University	$52,500	$18,460	184.00%	SC	Yes
25	Pittsburg State University	$52,600	$13,785	282.00%	KS	Yes
26	Black Hills State University	$52,650	$14,114	273.00%	SD	Yes
27	Midwestern State University	$52,872	$14,174	273.00%	TX	Yes
28	University of Central Missouri	$52,900	$18,488	186.00%	MO	Yes
28	The University of Texas at El Paso	$52,900	$20,634	156.00%	TX	Yes
30	University of Central Arkansas	$53,700	$11,239	378.00%	AR	Yes
31	Southern Utah University	$53,800	$9,212	484.00%	UT	Yes
32	Berry College	$53,850	$21,000	156.00%	GA	No
33	Bowling Green State University	$53,853	$27,200	98.00%	OH	Yes
34	University of Louisiana at Monroe	$54,300	$10,800	403.00%	LA	Yes
35	Northern Michigan University	$54,500	$22,056	147.00%	MI	Yes
36	University of Louisville	$54,903	$38,500	43.00%	KY	Yes
37	North Dakota State University	$55,000	$21,022	162.00%	ND	Yes
38	Loyola University New Orleans	$55,290	$37,980	46.00%	LA	Yes
39	Nichols College	$55,392	$28,440	95.00%	MA	Yes
40	State University of New York at New Paltz	$55,400	$15,230	264.00%	NY	Yes
40	Barry University	$55,400	$35,640	55.00%	FL	Yes
42	University of South Florida	$55,714	$14,955	273.00%	FL	Yes
43	Jackson State University	$55,900	$14,490	286.00%	MS	Yes
44	State University of New York College at Brockport	$55,950	$15,000	273.00%	NY	Yes
45	Marshall University	$56,200	$19,170	193.00%	WV	Yes
46	Canisius University	$56,315	$43,240	30.00%	NY	Yes
47	University of South Carolina Aiken	$56,400	$14,096	300.00%	SC	Yes
48	Florida State University	$56,545	$18,693	202.00%	FL	Yes
49	Nicholls State University	$56,641	$28,000	102.00%	LA	Yes
50	St. John Fisher University	$56,947	$46,836	22.00%	NY	Yes

What is the Average In-Person MBA Tuition for Management Programs?

If you plan on attending an MBA program, it’s best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An MBA program can provide the flexibility of completing a program while being employed in your respective career.

The average in-state tuition for an MBA in Management is $42,020.65 compared to an average campus program Management is $42,020.65 .

The lowest AACSB tuition rate at $7,458.00 from Indiana University Northwest.

The highest AACSB tuition rate is $179,852.00 from University of Pennsylvania.

Average Tuition for In-Person MBA Programs in Management

• Average: $42,020.65
• Lowest: $7,458.00 from Indiana University Northwest
• Highest: $179,852.00 from University of Pennsylvania

Interactive Table – Tuition for MBA Programs in Management Programs

Easily sort the interactive table below to find the best Management MBA programs by Tuition to find and to compare MBA programs in Management. Click on any school for a comprehensive school profile.

Rank	University	In State Tuition	Avg. Starting Salary	ROI	State	Online
1	Indiana University South Bend	$7,458	$60,300	709.00%	IN	Yes
1	Indiana University Northwest	$7,458	$75,000	906.00%	IN	Yes
3	Grambling State University	$8,460	$39,900	372.00%	LA	No
4	McNeese State University	$8,879	$47,550	436.00%	LA	Yes
5	University of Central Oklahoma	$9,068	$62,400	588.00%	OK	Yes
6	Southern Utah University	$9,212	$53,800	484.00%	UT	Yes
7	Texas A&M University-Texarkana	$9,326	$115,585	1,139.00%	TX	No
8	Savannah State University	$9,372	$75,976	711.00%	GA	No
9	Arkansas Tech University	$9,435	$44,250	369.00%	AR	Yes
10	North Carolina A&T State University	$9,790	$107,327	996.00%	NC	Yes
11	Georgia Southern University	$9,824	$70,200	615.00%	GA	Yes
12	Columbus State University	$9,855	$74,000	651.00%	GA	Yes
13	New Mexico State University	$10,314	$73,500	613.00%	NM	Yes
14	Augusta University	$10,590	$62,800	493.00%	GA	Yes
15	East Texas A&M University	$10,724	$81,000	655.00%	TX	Yes
16	University of Louisiana at Monroe	$10,800	$54,300	403.00%	LA	Yes
17	University of Houston-Victoria	$11,030	$75,500	584.00%	TX	Yes
18	University of Tennessee at Martin	$11,112	$57,450	417.00%	TN	Yes
19	University of Central Arkansas	$11,239	$53,700	378.00%	AR	Yes
20	Stephen F. Austin State University	$11,630	$65,950	467.00%	TX	Yes
21	Emporia State University	$11,876	$59,400	400.00%	KS	Yes
22	Angelo State University	$12,251	$81,000	561.00%	TX	Yes
23	Mississippi State University	$12,294	$91,600	645.00%	MS	Yes
24	Purdue University Northwest	$12,350	$87,100	605.00%	IN	No
25	Southeastern Oklahoma State University	$12,420	$60,780	389.00%	OK	Yes
26	University of West Florida	$12,460	$57,200	359.00%	FL	Yes
27	Louisiana State University Shreveport	$12,474	$45,300	263.00%	LA	Yes
28	Western Kentucky University	$12,600	$62,000	392.00%	KY	Yes
29	Central Connecticut State University	$12,848	$85,000	562.00%	CT	No
30	Missouri Western State University	$12,893	$51,750	301.00%	MO	Yes
31	University of Southern Indiana	$12,900	$65,700	409.00%	IN	Yes
32	Texas A&M University-Kingsville	$12,992	$65,600	405.00%	TX	No
33	Henderson State University	$13,040	$59,500	356.00%	AR	Yes
34	Lamar University	$13,153	$63,600	384.00%	TX	Yes
35	Southeastern Louisiana University	$13,245	$47,900	262.00%	LA	Yes
36	The University of Texas Permian Basin	$13,252	$77,000	481.00%	TX	Yes
37	East Tennessee State University	$13,280	$52,400	295.00%	TN	Yes
38	University of Nebraska at Kearney	$13,293	$73,150	450.00%	NE	Yes
39	Idaho State University	$13,392	$69,600	420.00%	ID	Yes
40	Florida Gulf Coast University	$13,428	$59,700	345.00%	FL	Yes
41	Youngstown State University	$13,500	$64,400	377.00%	OH	Yes
42	Indiana University Kokomo	$13,563	$66,900	393.00%	IN	Yes
43	Pittsburg State University	$13,785	$52,600	282.00%	KS	Yes
44	Southern Arkansas University	$13,788	$74,000	437.00%	AR	Yes
45	Southeast Missouri State University	$13,804	$59,400	330.00%	MO	Yes
46	Tarleton State University	$13,865	$81,926	491.00%	TX	Yes
47	Utah Valley University	$13,956	$75,700	442.00%	UT	No
48	Western Carolina University	$13,967	$44,100	216.00%	NC	Yes
49	University of South Carolina Aiken	$14,096	$56,400	300.00%	SC	Yes
50	Black Hills State University	$14,114	$52,650	273.00%	SD	Yes

What is the Average ROI for MBA Programs in Management?

Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.

By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.

For MBA programs in across the U.S., the ROI ranges from -40% to 1,139%.The lowest MBA ROI of -40% is from the program at Rochester Institute of Technology.The highest MBA ROI of 1,139% is offered by Texas A&M University-Texarkana.On average, MBA programs across the U.S. have an ROI of 186%.

Interactive Table – ROI for MBA Programs in Management Programs

Easily sort the interactive table below to find the best Management MBA programs by ROI to find and to compare MBA programs in Management. Click on any school for a comprehensive school profile.

Rank	University	ROI	In State Tuition	Avg. Starting Salary	State	Online
1	Texas A&M University-Texarkana	1,139.00%	$9,326	$115,585	TX	No
2	North Carolina A&T State University	996.00%	$9,790	$107,327	NC	Yes
3	Indiana University Northwest	906.00%	$7,458	$75,000	IN	Yes
4	Savannah State University	711.00%	$9,372	$75,976	GA	No
5	Indiana University South Bend	709.00%	$7,458	$60,300	IN	Yes
6	East Texas A&M University	655.00%	$10,724	$81,000	TX	Yes
7	Columbus State University	651.00%	$9,855	$74,000	GA	Yes
8	Mississippi State University	645.00%	$12,294	$91,600	MS	Yes
9	Georgia Southern University	615.00%	$9,824	$70,200	GA	Yes
10	New Mexico State University	613.00%	$10,314	$73,500	NM	Yes
11	Purdue University Northwest	605.00%	$12,350	$87,100	IN	No
12	University of Central Oklahoma	588.00%	$9,068	$62,400	OK	Yes
13	University of Houston-Victoria	584.00%	$11,030	$75,500	TX	Yes
14	Texas State University	563.00%	$23,365	$155,000	TX	No
15	Central Connecticut State University	562.00%	$12,848	$85,000	CT	No
16	Angelo State University	561.00%	$12,251	$81,000	TX	Yes
17	University of Massachusetts Boston	537.00%	$19,499	$124,277	MA	Yes
18	University of Montana	524.00%	$14,260	$89,000	MT	Yes
19	Augusta University	493.00%	$10,590	$62,800	GA	Yes
20	Tarleton State University	491.00%	$13,865	$81,926	TX	Yes
21	Southern Utah University	484.00%	$9,212	$53,800	UT	Yes
22	The University of Texas Permian Basin	481.00%	$13,252	$77,000	TX	Yes
23	Radford University	473.00%	$15,984	$91,600	VA	Yes
24	Stephen F. Austin State University	467.00%	$11,630	$65,950	TX	Yes
25	California State University, Bakersfield	451.00%	$14,272	$78,600	CA	Yes
26	University of Nebraska at Kearney	450.00%	$13,293	$73,150	NE	Yes
27	Murray State University	449.00%	$16,455	$90,419	KY	Yes
28	Utah Valley University	442.00%	$13,956	$75,700	UT	No
29	Southern Arkansas University	437.00%	$13,788	$74,000	AR	Yes
30	McNeese State University	436.00%	$8,879	$47,550	LA	Yes
31	The Citadel	435.00%	$21,830	$116,700	SC	Yes
32	Idaho State University	420.00%	$13,392	$69,600	ID	Yes
33	University of Tennessee at Martin	417.00%	$11,112	$57,450	TN	Yes
34	University of Nebraska at Omaha	410.00%	$17,493	$89,200	NE	Yes
35	University of Southern Indiana	409.00%	$12,900	$65,700	IN	Yes
36	Texas A&M University-Kingsville	405.00%	$12,992	$65,600	TX	No
37	University of Massachusetts Dartmouth	404.00%	$17,578	$88,625	MA	No
38	University of Louisiana at Monroe	403.00%	$10,800	$54,300	LA	Yes
39	Emporia State University	400.00%	$11,876	$59,400	KS	Yes
39	Frostburg State University	400.00%	$16,740	$83,700	MD	Yes
41	Indiana University Kokomo	393.00%	$13,563	$66,900	IN	Yes
42	Western Kentucky University	392.00%	$12,600	$62,000	KY	Yes
43	Southeastern Oklahoma State University	389.00%	$12,420	$60,780	OK	Yes
44	Lamar University	384.00%	$13,153	$63,600	TX	Yes
45	Kansas State University	383.00%	$16,049	$77,550	KS	Yes
46	The University of Iowa	381.00%	$23,453	$112,820	IA	No
47	University of Central Arkansas	378.00%	$11,239	$53,700	AR	Yes
48	Youngstown State University	377.00%	$13,500	$64,400	OH	Yes
49	Saginaw Valley State University	373.00%	$21,649	$102,450	MI	Yes
50	Grambling State University	372.00%	$8,460	$39,900	LA	No
51	Jacksonville State University	370.00%	$20,352	$95,570	AL	Yes
52	Arkansas Tech University	369.00%	$9,435	$44,250	AR	Yes
53	University of Alabama at Birmingham	363.00%	$16,200	$75,000	AL	Yes
54	Purdue University Fort Wayne	362.00%	$16,756	$77,400	IN	Yes
55	University of Illinois at Springfield	360.00%	$14,833	$68,300	IL	Yes
56	University of West Florida	359.00%	$12,460	$57,200	FL	Yes
57	Henderson State University	356.00%	$13,040	$59,500	AR	Yes
58	California State University, Los Angeles	349.00%	$22,052	$99,100	CA	No
58	University of Maine	349.00%	$19,500	$87,535	ME	No
60	Florida Gulf Coast University	345.00%	$13,428	$59,700	FL	Yes
60	Western Illinois University	345.00%	$15,231	$67,800	IL	Yes
62	University of Florida	343.00%	$26,473	$117,197	FL	Yes
63	University of Houston-Downtown	342.00%	$18,623	$82,273	TX	Yes
64	Missouri University of Science and Technology	340.00%	$16,488	$72,600	MO	Yes
65	University of Mary Washington	334.00%	$20,670	$89,700	VA	Yes
66	Indiana State University	332.00%	$19,000	$82,000	IN	Yes
67	University of Nevada, Las Vegas	331.00%	$21,784	$93,820	NV	Yes
68	Binghamton University	330.00%	$17,469	$75,142	NY	No
68	West Chester University of PA	330.00%	$21,091	$90,600	PA	Yes
69	Southeast Missouri State University	330.00%	$13,804	$59,400	MO	Yes
70	University of Southern Maine	330.00%	$20,370	$87,535	ME	Yes
72	Saint Xavier University	328.00%	$22,500	$96,302	IL	No
73	Weber State University	326.00%	$19,908	$84,900	UT	Yes
74	Missouri State University	313.00%	$15,108	$62,400	MO	Yes
75	Jacksonville University	312.00%	$31,500	$129,665	FL	Yes
75	California Polytechnic State University, San Luis Obispo	312.00%	$27,462	$113,151	CA	No
77	Wright State University	310.00%	$28,080	$115,000	OH	Yes
78	Northern Kentucky University	309.00%	$19,443	$79,600	KY	Yes
79	Universidad Ana G. Mendez - Gurabo	305.00%	$15,000	$60,752	PR	No
80	Missouri Western State University	301.00%	$12,893	$51,750	MO	Yes
81	University of South Carolina Aiken	300.00%	$14,096	$56,400	SC	Yes
82	University of North Carolina Wilmington	298.00%	$18,634	$74,200	NC	Yes
83	East Tennessee State University	295.00%	$13,280	$52,400	TN	Yes
83	University of West Georgia	295.00%	$15,125	$59,800	GA	Yes
85	The University of Georgia	294.00%	$30,606	$120,510	GA	Yes
86	Troy University	289.00%	$15,675	$61,000	AL	Yes
87	Southern Connecticut State University	287.00%	$17,432	$67,435	CT	Yes
88	Jackson State University	286.00%	$14,490	$55,900	MS	Yes
89	University of Montevallo	284.00%	$16,140	$61,950	AL	Yes
89	Illinois State University	284.00%	$20,050	$76,900	IL	No
91	Pittsburg State University	282.00%	$13,785	$52,600	KS	Yes
92	Morehead State University	281.00%	$17,970	$68,500	KY	Yes
93	Oklahoma State University	280.00%	$19,295	$73,300	OK	Yes
94	Kennesaw State University	279.00%	$19,000	$72,000	GA	Yes
95	Texas Southern University	278.00%	$15,316	$57,900	TX	Yes
95	University of Hawaii at Manoa	278.00%	$21,288	$80,400	HI	No
97	State University of New York College at Brockport	273.00%	$15,000	$55,950	NY	Yes
97	Black Hills State University	273.00%	$14,114	$52,650	SD	Yes
98	University of South Florida	273.00%	$14,955	$55,714	FL	Yes
99	Midwestern State University	273.00%	$14,174	$52,872	TX	Yes

ROI for MBA Programs

• Average: 186%
• Lowest: -40%
• Highest: 1,139%

What is the Average GMAT Score Needed for an MBA Program in Management?

The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.

Even though some B-Schools may not require a GMAT Scores, there’s a good chance that a highly-competitive MBA program does require the GMAT. With that being said, average GMAT Scores for in-person MBA programs in Management is 568 with a highest of 737 and the lowest of 370

The average GMAT score needed for a Management MBA program from an institution is between 370 from Auburn University at Montgomery to 737 from Stanford University. The average GMAT scores for Management MBA programs is 568.

It’s important to note that not all MBA programs require a GMAT Score for admissions, but most reputable programs do. With that being said, if you have your eye on a list of competitive programs, it’s best to boost your GMAT Score accordingly. Outside of a solid GMAT Score, B-School admissions departments look at a candidate’s undergraduate GPA, professional experience, letters of recommendation, CV, and personal statement. A strong undergraduate performance may offset a sub-part GMAT Score. The average GMAT Score for on-campus MBA programs in Management is a 568.19 compared to an average MBA program score of 568.19. It is recommended that each B-School applicant take a GMAT diagnostic test in order to determine whether or not further study and/or a prep course is needed to boost your score.

Average GMAT Score for MBA Programs in Management

• Average: 568
• Lowest: 370
• Highest: 737

No GMAT or GRE: Best MBA Programs in Management

More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.

Alumni from Schools Offering an MBA in Management

There are pros and cons when considering the size of your MBA in Accounting program. Larger, more diverse student populations, may lend itself to greater networking and job placement opportunities; whereas smaller programs may provide for more meaningful interactions with fellow classmates.

The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated when considering an MBA program. The average MBA enrollment size has a direct impact on your studies, your job prospects, your ability to define your career goals and after graduation connections.

Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.

For Management MBA programs, the range for full-time enrollment is between 2 and 3,836. For part-time enrollment, the range is between : 2.00 and : 4,558.00.

Average Enrollment for MBA Programs Offering an MBA in Management

• Lowest: 2 from Yeshiva University
• Highest: 3,836 from The University of Texas at Dallas
• Average: 288 from 423 MBA Programs.

Student / Faculty Ratio for MBA Programs in Management

For most students, their professors are the first exposure to the business world. They are normally practitioners in the field and have successful risen to the top of their respective careers. B-School Management Professors can guide you toward a specific concentration, provide the latest industry trends, and put you on the right track, career-wise. The Student/Faculty ratio is important to those interested in building a lasting relationship with their professor. To use them as a networking opportunity and an advisor.

Top 10 Concentrations Available from Schools Also Offering an Degree in Management?

Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Management businesses, MBA programs here have risen to the challenge by offering you an array of more than 47 MBA concentrations including:

• Management: 424
• Accounting: 378
• Finance: 378
• General Business: 375
• Marketing: 355
• Corporate Finance: 342
• Data Analytics: 267
• Information Systems: 247
• Economics: 196
• International Business: 193

Here are the top schools offering the widest variety of concentrations to choose from:

• David B. O’Maley College of Business: 30
• Nova Southeastern University: 25
• University of Cincinnati: 24
• Suffolk University: 23
• Drexel University: 23
• Temple University: 23
• Harvard University: 23
• Georgia State University: 22
• The Ohio State University: 22
• University of Baltimore: 22

The Importance of MBA Accreditation for MBA Programs

The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.

AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.

MBA Program Options Available for Management MBA Programs

Options for earning your Management MBA have never been more flexible. Management MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.

There are 423 Management accredited MBA programs. 16 private and 293 public schools offering Management MBA programs.

Number of Award Earned for MBA Programs Offering an Management Degree

The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.

Of the 423 accredited MBA programs offered in Management, 388 of them have been recognized by at least one distinguished publication MBAGuide, PQ, US News, Forbes, BW, FT and Economist garnering an award as one of the best MBA programs in the country.

• Yale University: 7
• University of California, Irvine: 7
• Northwestern University: 7
• The Pennsylvania State University: 7
• The University of Texas at Austin: 7
• Dartmouth College: 7
• University of Southern California: 7
• University of Maryland: 7
• University of Washington: 7
• University of Pittsburgh: 7
• University of California, Los Angeles: 7
• University of Notre Dame: 7
• Arizona State University: 7
• Vanderbilt University: 7
• Michigan State University: 7
• Boston University: 7
• University of California, Berkeley: 7
• Georgetown University: 7
• Harvard University: 7
• University of Wisconsin-Madison: 7

Publications and the number of awards granted for an MBA degree in Management :

• MBAGuide: 388
• US News: 78
• Forbes: 63
• BW: 68
• FT: 42
• Economist: 43

How We Rank the Best MBA Programs in Management

MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.

What is an MBA in Business Administration?

MBA Programs in Business Administration develop analytical business and general managerial skills within a comprehensive business curriculum. Building upon the foundational disciplines of Economics, Finance, Management, Operations and Marketing, students customize their program with electives in Business Administration. Graduates will use this highly versatile degree in a wide range of leadership settings including consulting, small businesses, domestic companies, and international corporations. The sky is the limit for someone with an MBA in Business Administration. Fortune 500 companies consistently recruit MBA in Business graduates into their management training programs.

You will most likely have anywhere between 15 to 21 additional credits in management theory coursework. Some of the top employers that hire MBA graduates include Deloitte, Ernst & Young, Boston Consulting Group, Apple, IBM, Procter and Gamble, and Amazon. Both the MBA in Business Administration and the MBA in Management will provide a comprehensive overview of high-level business theories and practices. Most MBA programs incorporate real-world case study analysis into the program.

In the Business Concentration, students take a wide range of business-related coursework. Whether it’s Organizational Change, Business Law & Ethics, or Entrepreneurship, the MBA in Business Administration prepares students for a diverse set of careers, rather than a specific field of study. Students become well-rounded business managers and can lead diverse teams.

Fortune 500 companies seek business administration graduates for they develop into well-rounded leaders capable of analyzing a firm’s financials, its operational teams, and its managerial direction. They are savvy employees within a firm capable of grasping business theory, management principles, and are trained to dissect even the most complicated financial statements.

What’s the Career Outlook for Business Administration MBAs?

Employment of business administrators is projected to grow 10% through 2030, faster than the average for all occupations. The business concentration teaches the B-Student in-depth leadership skills and practical ways to supervise teams, handle organizational change, and manage diversity in the workplace. An MBA in Business program gives students access to cutting-edge technology, whether it’s CRM software, supply chain management system, or state-of-the-art quality assurance platforms. The specialization is not limited to any one particular field; but instead, provides students with the tools to manage cross-functional teams.

A B-Student who graduates with an MBA in Management is armed with a highly-respected degree which allows them to enter some of the hottest markets as a manager: IT, Healthcare, Real Estate, Finance, and Entrepreneurship.

Whether you plan on leading an e-commerce sales team or starting your own consulting business, the MBA in Business gives aspiring B-Students all the tools needed to succeed in the ever-changing corporate world. Top Business Administration schools with a very good reputation have a wealth of opportunity beyond the classroom.

Whether it’s landing a higher salary after graduation, securing a top management position or starting a consulting business, an MBA in Business Administration provides students the knowledge and skills for leadership positions in executive management, sales and marketing, human resource management, consulting, and financial management. This degree is offered both in a traditional on-campus and distance learning formats. Students can choose from part-time Executive, full-time online, and hybrid MBA programs depending on the graduate program.

Some of the career options for MBA in Business Administration holders include:

• Advertising or marketing manager
• Budget analyst
• Management consultant
• Financial analyst
• Financial manager
• Management analyst
• Personal financial advisor
• Entrepreneurial ventures

Where Do Business Administration MBAs Work?

Administrative services managers held about 281,700 jobs last year. The largest employers of business managers are as follows:

Sector	Description
Educational services; state, local, and private	13%
Healthcare and social assistance	13%
Professional, scientific, and technical services	9%
Finance and insurance	8%
Local government, excluding education and hospitals	7%

What Can I Do With an MBA in Business Administration?

Graduates of MBA in Business programs usually take on leadership roles inside an organization’s operational departments. Whether it’s customer service, sales, marketing, business development, or accounting, Managers are responsible for the day-to-day workflow of their respective department. They are usually bound by performance metrics and are expected to develop their respective team.

Their specific responsibilities vary, but managers typically supervise activities that include training new reps, handling escalated customer issues, and working with vendors to ensure a smooth delivery of a company’s products/services to the end consumer. In a small organization, they may direct all support services and may be called the business office manager. Large organizations may have several layers of managers who specialize in different areas. Business Managers typical advance from Assistant Manager to Manager to Manager and finally to Director. The following are examples of types of managers

• Compensation and Benefits Managers plan, develop, and oversee programs to compensate employees.
• Facility Managers oversee buildings, grounds, equipment, and supplies. Their duties fall into several categories, including overseeing operations and maintenance, planning and managing projects, and dealing with environmental factors.
• Human Resources Managers plan, direct, and coordinate the administrative functions of an organization. They oversee the recruiting, interviewing, and hiring of new staff; consult with top executives on strategic planning; and serve as a link between an organization’s management and its employees.
• Postsecondary Education Administrators oversee student services, academics, and faculty research at colleges and universities. Their job duties vary depending on the area of the college they manage, such as admissions, student life, or the registrar’s office.
• Records and Information Managers develop, monitor, and manage an organization’s records. They provide information to executive management and ensure that employees throughout the organization follow information and records management guidelines. They may direct the operations of on-site or off-site records facilities.
• Top Executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

What Skills Do I Need to be Successful as an MBA in Business?

Skill	Description
Analytical skills.	Administrative services managers must be able to review an organization’s procedures and find ways to improve efficiency.
Communication skills.	Much of an administrative services manager’s time is spent working with other people. Therefore, communication is a key quality.
Detail oriented.	Administrative services managers must pay attention to details. This quality is necessary across a range of tasks, from ensuring that the organization complies with building codes to managing the process of buying equipment.
Leadership skills.	In managing workers and coordinating administrative duties, administrative services managers must be able to motivate employees and deal with issues that may arise.

A graduate with a Master of Business Administration in Business will be able to:

• Demonstrate knowledge of contemporary business issues at a domestic and international level.
• Apply sound business concepts and management techniques to the strategic management of organizations.
• Demonstrate the ability to conduct relevant research appropriate to the discipline.
• Demonstrate knowledge of ethical issues and decision-making skills.

Is There a Difference between an MBA Business Administration vs. Management?

MBA students commit to a wide range of classes. They learn how to lead teams effectively while staying up-to-date on the latest industry trends. MBAs with Business Administration degrees learn how to be the liaison between all of an organization’s functional departments. This prepares students for a diverse set of careers, rather than a specific field of study. Graduates will gain familiarity across numerous functions of the business spectrum. This may be advantageous for corporations as they seek professionals who possess deeper analysis into the company’s operations.

In the Management concentration, students are molded into the next generation of business leaders with a more concentrated course of study. They learn how to spearhead change in global business environments. Included in the MBA curriculum will be business foundation courses (Financial Management, Operational Management, Mico/Macroeconomics, Business Law, Statistics). For students seeking management positions, additional coursework in Management theory, quantitative analysis, and business ethics is added to the curriculum.

Why Get an MBA in Business Administration?

The decision to pursue an MBA should not be taken lightly. Your MBA concentration will determine your initial career path and may be the difference between taking additional coursework for licensing or entry into managerial training programs. There are certain companies that seek out a more high-tech MBA program versus a general business management course of study. Graduate programs—on campus or online, MBA or any other degree—are a big commitment of both time and money.

Before deciding to pursue your MBA degree, it’s essential to weigh the benefits of an MBA degree compared to starting salaries in your field. It’s also important to look at your B-School’s employment rate for recent graduates and see what type of companies recruit on-campus.

Benefits of an Earning an MBA in Business Administration?

The benefits of an MBA are countless. From gaining a professional edge to expanding your business network, reasons to get an MBA are as diverse as those who are pursuing them. You will be on the front lines of the business industry and be equipped to run your own business. Increased salaries are a well-documented benefit of an MBA. But what about other reasons:

• You’ll become an effective communicator. A great benefit of an MBA is the chance to hone your professional communication skills. From writing papers and e-mails to giving presentations, an MBA degree program can help you learn to communicate effectively in business environments—an essential and highly valued skill in every industry around the world.
• You’ll learn how to collaborate to meet goals, build teams, and work within them. Businesses are group environments. If you’re not already regularly working in teams, you will as you pursue your MBA degree, no matter if it is on campus or at an online university. You’ll do more than work in teams, you can learn how to build them—a truly invaluable skill in today’s diverse, global workforce.
• You’ll meet others who share your passion for business. Whether you’re introverted or extroverted if you work for a company or for yourself, there’s nothing like finding like-minded individuals. MBA programs give you a rare opportunity to surround yourself with others who are as passionate about business as you are.

• Build leadership skills in business disciplines – including finance, operations, marketing, and communications
• Gain the fundamental business knowledge to rise to management and executive leadership positions
• Learn principles and strategies for organizational and change management
• Develop effective communication and employee motivation techniques
• Understand financial analysis techniques for sound managerial decision-making
• Study the application of quantitative methods and management science
• Learn profitable marketing management concepts and strategies

What Core MBA Business Administration Classes Will I Take?

Sector	Description
Entrepreneurial Management	This course addresses the issues faced by managers who wish to turn opportunity into viable organizations that create value, and empowers students to develop their own approaches, guidelines, and skills for being entrepreneurial managers. The course teaches students how to:   Identify potentially valuable opportunities. Obtain the resources necessary to pursue an opportunity and to create an entrepreneurial organization. Create and harvest value for the organization’s stakeholders. Manage the entrepreneurial organization once it has been established. Grow the business into a sustainable enterprise.
Finance	This course examines the role of finance in supporting the functional areas of a firm, and fosters an understanding of how financial decisions themselves can create value. Topics covered include:   Basic analytical skills and principles of corporate finance. Functions of modern capital markets and financial institutions. Standard techniques of analysis, including capital budgeting, discounted cash flow valuation, and risk analysis.
Financial Reporting and Control (FRC)	Recognizing that accounting is the primary channel for communicating information about the economics of a business, this course provides a broad view of how accounting contributes to an organization.
Leadership and Corporate Accountability	In this course, students learn about the complex responsibilities facing business leaders today. Through cases of difficult managerial decisions, the course examines the legal, ethical, and economic responsibilities of corporate leaders. It also teaches students about management and governance systems leaders can use to promote responsible conduct by companies and their employees, and shows how personal values can play a critical role in effective leadership.
Marketing	The objectives of this course are to demonstrate the role of marketing in the company; to explore the relationship of marketing to other functions, and to show how effective marketing builds on a thorough understanding of buyer behavior to create value for customers.
Technology and Operations Management	This course enables students to develop the skills and concepts needed to ensure the ongoing contribution of a firm’s operations to its competitive position. It helps them to understand the complex processes underlying the development and manufacture of products as well as the creation and delivery of services.

Campus vs. Online MBA in Business Administration

Whether it’s a part-time Executive MBA, full-time online, or a traditional MBA program, B-Schools offer a variety of scheduling options for the working professional and the recent graduate. The online option is ideal for students that want a reputable program without geographic limitations. An MBA in Business Administration allows students to enjoy program flexibility and thanks to the advances in technology, have enabled greater access to coursework all over the globe.

With improvements made to eLearning and Blackboard educational technology platforms, the collaboration between professors and students has drastically improved the delivery of MBA content. There are nearly 3 million students currently enrolled in full-time online degree programs compared to 6 million students taking at least one online course as part of their degree program. B-Schools that fall into the category of “traditional” usually provide students with the option of taking a few online courses during their MBA in Business Administration program.

• The pros of online learning include lower overhead cost which includes online textbooks, dormitory expenses, and commuting cost. The convenience and flexibility of choosing your own times for learning, and the comfort of learning in your own home.
• The cons of online learning include limited social interaction, computer and software issues as well as cost of high-speed Internet, often requires the student be self-motivated and disciplined progress through the program
• The pros of campus-based learning include face-to-face and in-person interaction with instructors and fellow students, regularly scheduled class hours, use of the school’s library, athletic facilities, and laboratories.
• The cons of campus-based learning include the requirement to travel to classes, lack of time flexibility, and housing costs.

One of the benefits to online learning as it relates to tuition cost is that a number of schools offer free textbooks online and include these texts in the price of tuition.