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By MBAGuide.org Staff
May 17, 2022

2021 - Best MBA Programs in Engineering - GMAT Scores, Salaries, Rankings

At MBAGuide.org, we evaluated 3 campus Engineering MBA programs and 1 online Engineering MBA programs. Here is a brief summary of some of our findings. You can dig a lot deeper into the numbers and rankings further down on this page and within the school rankings are near the bottom.

Business Programs That Might Interest You

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

Here is some of what we found for you. An MBA program in Engineering will cost you between $13,980.00 to $85,701.00 year depending if your tuition is calculated in you in-state, out-of-state, or out-of-country tuition.

  • Number of Programs Offering Engineering MBAs: 3
  • Average GMAT Score for Engineering MBA Programs: 601.67
  • Average In-State Tuition for Campus Engineering MBA Programs: $22,860.00
  • Number of Online Programs Offering Engineering MBAs: 1
  • Average GMAT Score for Online Engineering MBA Programs: 543.00
  • Average In-State Tuition for Online Engineering MBA Programs: $13,980.00

Tuition Costs for MBA Programs in Engineering

The average in-state tuition for on-campus programs in Engineering is $22,860.00 compared to the average out-of-state tuition of $57,535.50. The average in-state tuition for an online MBA in Engineering is $13,980.00 compared to an average out-of-state online tuition of $29,370.00. With a tuition range hovering between Lowest In-State Tuition: $13,980.00 and $30,000.00, it may be worthwhile to attend a highly reputable in-state program instead of crossing the border. This may be the difference in a $10K plus tuition hike due to your residency status. As an Engineering graduate student, you will learn the importance of fiscal responsibility. You may want to opt for a more affordable degree programs instead of taking out student loans for B-School tuition. A savvy student also realizes that attending an online MBA program reduces textbook, transportation and living costs.

Campus Tuition

Campus In-State MBA Engineering Tuition

  • Lowest In-State Tuition: $13,980
  • Highest In-State Tuition: $30,000.00
  • Average In-State Tuition: $22,860.00

Campus Out-of-State MBA Engineering Tuition

  • Lowest Out-of-State Tuition: $29,370.00
  • Highest Out-of-State Tuition: $85,701.00
  • Average Out-of-State Tuition: $57,535.50

Campus Out-of-Country MBA Engineering Tuition

  • Lowest Out-of-Country Tuition: $85,701.00
  • Highest Out-of-Country Tuition: $85,701.00
  • Average Out-of-Country Tuition: $85,701.00

Online Tuition

In-State Online MBA Engineering Tuition

  • Lowest In-State Tuition: $13,980.00
  • Highest In-State Tuition: $13,980.00
  • Average In-State Tuition: $13,980.00

Out-of-State Online MBA Engineering Tuition

  • Lowest Out-of-State Tuition: $29,370.00
  • Highest Out-of-State Tuition: $29,370.00
  • Average Out-of-State Tuition: $29,370.00

Out-of-Country Online MBA Engineering Tuition

  • Lowest Out-of-Country Tuition: N/A
  • Highest Out-of-Country Tuition: N/A
  • Average Out-of-Country Tuition: N/A

GMAT Scores for MBA Programs in Engineering

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 Engineering is a 601.67 compared to an average online MBA program score of 543.00. 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.

Campus GMAT Scores

  • Lowest Average GMAT Score: 543.00
  • Highest Average GMAT Score: 675.00
  • Average GMAT Score: 601.67

Online GMAT Scores

  • Lowest Average GMAT Score: 543.00
  • Highest Average GMAT Score: 543.00
  • Average GMAT Score: 543.00

Student / Faculty Ratio for MBA Programs in Engineering

A low Student/Faculty ratio for any MBA may have more of an impact on students wanting smaller classrooms and greater networking opportunities with professors and fellow classmates. For students who thrive in lecture hall environments and do not require the individual attention/one-on-one mentorship from a B-Schools faculty, then a high Student/Faculty ratio may not be an issue. The best MBA Student/Faculty ratio for on-campus programs in Engineering is 0.46 compared to the worst Student/Faculty ratio of 8.95. The best MBA Student/Facult ratio for online programs in Engineering is 2.42 compared to the worst Student/Faculty ratio of 2.42. Once again, this is truly a matter of preference and a prospective B-Students should analyze their optimal learning style prior to making a decision to enroll in their MBA program.

Campus Student/Faculty Ratio

  • Best MBA Student / Faculty Ratio: 0.46
  • Worst Student / Faculty Ratio: 8.95
  • Average Student / Faculty Ratio: 3.94

Online Student/Faculty Ratio

  • Best Student / Faculty Ratio: 2.42
  • Worst Student / Faculty Ratio: 2.42
  • Average Student / Faculty Ratio: 2.42

Alumni Strength for MBA Programs in Engineering

The importance of networking, whether it's by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals. The average full-time MBA enrollment for on-campus programs is 105 compared to the average enrollment of N/A students for online programs. The average part-time enrollment is 426 compared to the average part-time enrollment for online MBA's of N/A. With the technology around eLearning platforms and Blackboard courses drastically improving, the collaboration between students and faculty has reached an all-time high online. The traditional on-campus MBA program provides its students with the option of taking online classes. There is no quality lost taking a traditional on-campus MBA course versus an online MBA course. It's more of a matter of one's individual learning preference.

Campus Enrollment

Campus MBA Full-Time Student Population

  • Smallest MBA Full-Time Enrollment: 105
  • Highest MBA Full-Time Enrollment: 105
  • Average MBA Full-Time Enrollment: 105

Campus Part-Time MBA Student Population

  • Smallest MBA Full-Time Enrollment: 426
  • Largest MBA Full-Time Enrollment: 426
  • Average Part-time MBA Students: 426

Online Enrollment

Online MBA Full-Time Student Population

  • Smallest MBA Full-Time Enrollment: N/A
  • Highest MBA Full-Time Enrollment: N/A
  • Average MBA Full-Time Enrollment: N/A

Online Part-Time MBA Student Population

  • Smallest MBA Full-Time Enrollment: N/A
  • Largest MBA Full-Time Enrollment: N/A
  • Average Part-time MBA Students: N/A

Global Enrollment for MBA Programs in Engineering

Global competition for Economists will make having a diverse international student population an important asset when entering, maintaining, or growing a market outside the U.S. B-Students who plan on pursuing an MBA in Engineering must have a firm grasp on the global economy. Having access to alumni from other countries can become a valuable asset for networking and getting introductions or other connections. The value of collaborating with international students can translate nicely as an Economist, especially if you plan on working with international exchanges, foreign currency, or investment banking. The average number of MBA students from the U.S. is 90.00% for on-campus programs compared to N/A for online programs.

Campus Global Enrollment

  • Smallest % of Students from US: 90.00%
  • Largest % of Students from US: 90.00%
  • Average % of Students from US: 90.00%

Online Global Enrollment

  • Smallest % Students from US: N/A
  • Largest % Students from US: N/A
  • Average % of Students from US: N/A

Faculty Information for MBA Programs in Engineering

An MBA program is only as strong as the background of its professors. Some of the best business professors have the perfect balance of industry experience and teaching in an academic setting. They have the ability to back their in-class lesson plans with real-world application. That is a powerful combination for someone entering the field. The average number of full-time faculty for on-campus MBA in Engineering programs is 48 compared to 61 part-time professors. The average on-campus MBA in Engineering program has 71 professors with doctorate degrees. This number is similar (65) to the average number of doctorates in online Economic programs. Knowing that your professor is an industry influencer and has exensive teaching experience in the field of Engineering is a clear sign that a progam delivers high quality education.

Campus Faculty Numbers

Campus Full-Time MBA Faculty 

  • Fewest Full-Time MBA Faculty: 18
  • Most Full-Time MBA Faculty: 101
  • Average Full-Time MBA Faculty: 48

Campus Part-Time MBA Faculty 

  • Fewest Part-Time MBA Faculty: 24
  • Most Part-Time MBA Faculty: 124
  • Average Part-Time MBA Faculty: 61

Campus MBA Full-Time Faculty with a Doctorate

  • Fewest Doctorate Degree MBA Faculty: 65
  • Most Doctorate Degree MBA Faculty: 75
  • Average Doctoral Degree MBA Faculty: 71

Online Faculty Numbers

Online Full-Time MBA Faculty 

  • Fewest Full-Time MBA Faculty: 26
  • Most Full-Time MBA Faculty: 26
  • Average Full-Time MBA Faculty: 26

Online Part-Time MBA Faculty 

  • Fewest Part-Time MBA Faculty: 34
  • Most Part-Time MBA Faculty: 34
  • Average Part-Time MBA Faculty: 34

Online MBA Full-Time Faculty with a Doctorate

  • Fewest Doctorate Degree MBA Faculty: 65
  • Most Doctorate Degree MBA Faculty: 65
  • Average Doctoral Degree MBA Faculty: 65

List of Campus and Online MBA Programs in Engineering

  • The number of on-campus MBA Engineering concentrations offered: 3
  • The number of online MBA Engineering concentrations offered: 1

Whether you want to attend an online Executive MBA program, a traditional on-campus full-time program, or a part-time hybrid between online and on-campus classes, the choice is entirely up to you. B-Schools, in order to stay competitive, are offering their MBA programs with a variety of scheduling options and in flexible formats. There are 3 on-campus MBA in Engineering programs in the U.S. compared to 1 online programs in Engineering. The traditional program may offer the option to take a few online business courses while the flexible online program may have a residency requirement for its B-Students. Only you can determine your preferred learning style, whether or not to attend full-time or part-time, and what type of classroom experience you are best suited for.

MBA Programs in Engineering Ranked by Tuition Cost

  • On-Campus Engineering MBAs
  • Online Engineering MBAs
Rank University On-Campus Tuition Based In
1 University of Alaska Fairbanks $13,980.00 Fairbanks, AK
2 University of Southern Maine $24,600.00 Portland, ME
3 University of Utah $30,000.00 Salt Lake City, UT
Rank University Online Tuition Based In
1 University of Alaska Fairbanks $13,980.00 Fairbanks, AK
If you notice any errors in the MBA program database, please contact us.


  • On-Campus MBA in Engineering
  • Online MBA in Engineering

In-Person MBA Program Details

MBA in Engineering from University of Alaska Fairbanks

RANKED 1

University of Alaska Fairbanks

University of Alaska Fairbanks School of Management

  • 1790 Tanana Loop, Fairbanks, AK - 99775

  • Institution
    Institution Control: Public
  • AASCB Accreditation: Business and Accounting
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 32
  • Degrees Offered: Accounting, Economics, Education, Engineering, Entrepreneurship, Finance, General Business, Healthcare Administration, Information Systems, International Business, Law, Leadership, Management, Marketing, Quantitative Methods, Real Estate, Science and Technology, Sports Management and Supply Chain
  • Offered As: Campus, Distance Education, Evenings and Weekends, Full-Time, Online and Part-Time

  • MBA Student Population
    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:
  • Average GMAT Score: 543
  • MBA Faculty
    Full-Time Faculty: 26
  • Full- and Part-time Faculty: 34
  • Student / Faculty Ratio: 2:1
  • Participating Faculty: 28
  • Supporting Faculty: 14
  • Faculty with Doctoral Degree: 65%

  • MBA Tuition & Fees
    In-State Tuition: $13,980
  • Out-of-State Tuition: $13,980
  • Out-of-Country Tuition:
MBA in Engineering from University of Southern Maine

RANKED 2

University of Southern Maine

University of Southern Maine

  • School of Business, MBA Program, 113 Luther Bonney Hall, Portland, ME - 04104-9300

  • Institution
    Institution Control: Public
  • AASCB Accreditation: Business
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 33
  • Degrees Offered: Accounting, Data Analytics, Economics, Engineering, Finance, General Business, Healthcare Administration, Information Systems, International Business, Management, Marketing, Quantitative Methods, Sports Management and Sustainability
  • Offered As: Campus, Evenings and Weekends, Full-Time, Part-Time and Partnership

  • MBA Student Population
    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:
  • Average GMAT Score: 587
  • MBA Faculty
    Full-Time Faculty: 18
  • Full- and Part-time Faculty: 24
  • Student / Faculty Ratio: 0:1
  • Participating Faculty: 19
  • Supporting Faculty:
  • Faculty with Doctoral Degree: 72%

  • MBA Tuition & Fees
    In-State Tuition: $24,600
  • Out-of-State Tuition: $24,600
  • Out-of-Country Tuition:
MBA in Engineering from University of Utah

RANKED 3

University of Utah

David Eccles School of Business

  • 1655 Campus Center Dr., Salt Lake City, UT - 84112

  • Institution
    Institution Control: Public
  • AASCB Accreditation: Business and Accounting
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 580
  • Degrees Offered: Accounting, Business Analytics, Consulting, Economics, Engineering, Enterpreneurship, Entrepreneurship, Ethics, Finance, General Business, Healthcare Administration, Human Resources, Information Systems, International Business, Law, Leadership, Management, Marketing, Nonprofit, Operations Management, Public Administration, Quantitative Methods, Real Estate, Science and Technology, Statistics, Strategic Management and Taxation
  • Offered As: Campus, Evenings and Weekends, Full-Time, Part-Time and Partnership

  • MBA Student Population
    Full-time Enrollment: 105
  • Part-time Enrollment: 426
  • Students from the US: 90%
  • Average GMAT Score: 675
  • MBA Faculty
    Full-Time Faculty: 101
  • Full- and Part-time Faculty: 124
  • Student / Faculty Ratio: 9:1
  • Participating Faculty: 110
  • Supporting Faculty:
  • Faculty with Doctoral Degree: 75%

  • MBA Tuition & Fees
    In-State Tuition: $30,000
  • Out-of-State Tuition: $30,000
  • Out-of-Country Tuition: $85,701

Engineering Show School Block Area. On Campus Tab

Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.

Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online: MBA | Guide to Earning an MBA | Concentrations: Online MBA Concentrations | Campus MBA Concentrations

Accredited MBA Concentrations

  • Finance: 629
  • Accounting: 616
  • Marketing: 607
  • Management: 574
  • General Business: 523
  • Information Systems: 473
  • International Business: 462
  • Entrepreneurship: 408
  • Economics: 386
  • Supply Chain: 369
  • Data Analytics: 287
  • Healthcare Administration: 284
  • Leadership: 249
  • Statistics: 172
  • Quantitative Methods: 170
  • Human Resources: 167
  • Real Estate: 149
  • Operations Management: 144
  • Strategic Management: 142
  • Taxation: 125
  • Organizational Behavior: 121
  • Science and Technology: 120
  • Business Analytics: 114
  • Sports Management: 107
  • Enterpreneurship: 107
  • Hospitality Management: 106
  • Health Care Management: 98
  • Supply Chain Management: 88
  • Insurance: 82
  • Law: 78
  • Project Management: 72
  • Public Administration: 62
  • Consulting: 62
  • Education: 58
  • Ethics: 54
  • Manufacturing: 51
  • Innovation Management: 48
  • Nonprofit: 44
  • Innovation: 44
  • Product Management: 33
  • Energy: 31
  • Communications: 30
  • Sustainability: 28
  • E-Commerce: 24
  • Arts: 21
  • Operations Research: 19
  • Organisational Behaviour: 18
  • Actuarial Science: 18
  • Global Management: 18
  • Corporate Finance: 11
  • Financial Management: 10
  • Agribusiness: 9
  • Luxury Brands: 7
  • Communication: 6
  • Environment: 5
  • Media: 5
  • Asset Management: 4
  • Engineering: 3

Online MBA Program Details

MBA in Engineering from University of Alaska Fairbanks

RANKED 1

University of Alaska Fairbanks

University of Alaska Fairbanks School of Management

  • 1790 Tanana Loop, Fairbanks, AK - 99775

  • Institution
    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 32
  • Degrees Offered: Accounting, Economics, Education, Engineering, Entrepreneurship, Finance, General Business, Healthcare Administration, Information Systems, International Business, Law, Leadership, Management, Marketing, Quantitative Methods, Real Estate, Science and Technology, Sports Management and Supply Chain
  • Offered As: Campus, Distance Education, Evenings and Weekends, Full-Time, Online and Part-Time

  • MBA Student Population
    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:
  • Average GMAT Score: 543
  • MBA Faculty
    Full-Time Faculty: 26
  • Full- and Part-time Faculty: 34.33
  • Student / Faculty Ratio: 2:1
  • Participating Faculty: 28
  • Supporting Faculty: 14
  • Faculty with Doctoral Degree: 65%

  • MBA Tuition & Fees
    In-State Tuition: $13,980
  • Out-of-State Tuition: $29,370
  • Out-of-Country Tuition: Fairbanks, AK
MBA in Engineering from University of Southern Maine

RANKED 2

University of Southern Maine

University of Southern Maine

  • School of Business, MBA Program, 113 Luther Bonney Hall, Portland, ME - 04104-9300

  • Institution
    Institution Control: Public
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 33
  • Degrees Offered: Accounting, Data Analytics, Economics, Engineering, Finance, General Business, Healthcare Administration, Information Systems, International Business, Management, Marketing, Quantitative Methods, Sports Management and Sustainability
  • Offered As: Campus, Evenings and Weekends, Full-Time, Part-Time and Partnership

  • MBA Student Population
    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:
  • Average GMAT Score: 587
  • MBA Faculty
    Full-Time Faculty: 18
  • Full- and Part-time Faculty: 24
  • Student / Faculty Ratio: 0:1
  • Participating Faculty: 19
  • Supporting Faculty:
  • Faculty with Doctoral Degree: 72%

  • MBA Tuition & Fees
    In-State Tuition: $24,600
  • Out-of-State Tuition:
  • Out-of-Country Tuition: Portland, ME
MBA in Engineering from University of Utah

RANKED 3

University of Utah

David Eccles School of Business

  • 1655 Campus Center Dr., Salt Lake City, UT - 84112

  • Institution
    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 580
  • Degrees Offered: Accounting, Business Analytics, Consulting, Economics, Engineering, Enterpreneurship, Entrepreneurship, Ethics, Finance, General Business, Healthcare Administration, Human Resources, Information Systems, International Business, Law, Leadership, Management, Marketing, Nonprofit, Operations Management, Public Administration, Quantitative Methods, Real Estate, Science and Technology, Statistics, Strategic Management and Taxation
  • Offered As: Campus, Evenings and Weekends, Full-Time, Part-Time and Partnership

  • MBA Student Population
    Full-time Enrollment: 105
  • Part-time Enrollment: 426
  • Students from the US: 90%
  • Average GMAT Score: 675
  • MBA Faculty
    Full-Time Faculty: 101
  • Full- and Part-time Faculty: 124
  • Student / Faculty Ratio: 9:1
  • Participating Faculty: 110
  • Supporting Faculty:
  • Faculty with Doctoral Degree: 75%

  • MBA Tuition & Fees
    In-State Tuition: $30,000
  • Out-of-State Tuition: $85,701
  • Out-of-Country Tuition: Salt Lake City, UT

Engineering Show School Block Area. Online Tab

Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.

Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online: MBA | Guide to Earning an MBA | Concentrations: Online MBA Concentrations | Campus MBA Concentrations

Accredited Online MBA Concentrations

  • Management: 304
  • Marketing: 294
  • Accounting: 291
  • Finance: 291
  • General Business: 275
  • Information Systems: 248
  • International Business: 236
  • Entrepreneurship: 209
  • Economics: 198
  • Supply Chain: 176
  • Healthcare Administration: 160
  • Data Analytics: 153
  • Leadership: 110
  • Human Resources: 88
  • Quantitative Methods: 85
  • Statistics: 83
  • Real Estate: 77
  • Health Care Management: 76
  • Strategic Management: 73
  • Business Analytics: 64
  • Operations Management: 63
  • Taxation: 63
  • Sports Management: 58
  • Enterpreneurship: 58
  • Supply Chain Management: 58
  • Science and Technology: 55
  • Organizational Behavior: 54
  • Hospitality Management: 54
  • Insurance: 45
  • Law: 40
  • Public Administration: 32
  • Education: 30
  • Innovation Management: 27
  • Manufacturing: 26
  • Ethics: 25
  • Consulting: 25
  • Product Management: 22
  • Project Management: 20
  • Energy: 19
  • Innovation: 16
  • Nonprofit: 16
  • E-Commerce: 12
  • Communications: 12
  • Sustainability: 11
  • Global Management: 11
  • Actuarial Science: 11
  • Operations Research: 10
  • Arts: 9
  • Organisational Behaviour: 8
  • Financial Management: 6
  • Communication: 5
  • Environment: 3
  • Corporate Finance: 3
  • Media: 2
  • Agribusiness: 2
  • Engineering: 1
  • Asset Management: 1

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