By Jeff Morrow
September 26, 2022
  • Starting salary for new MBA graduates is reported to be between $41,538.00 and $146,303.00 with an average of $83,944.66.
  • Tuition for in-person, campus MBA programs ranges from $6,660.00 to $162,991.00, and averages $39,291.07
  • Online tuition in for MBAs ranges between $6,660.00 to $141,812.00, with an average total tuition cost of $33,130.24
  • A GMAT score between 385.00 and 737.00 with an average of 542.58 is needed for acceptance into an MBA program.
  • There are 593 campus and 324 online MBA Programs.
  • Average student enrollment varies between 2 and 2,102 with an overall average of 239.
  • Student / Faculty Ratio for MBA programs offering varies between 1:20 and 129:50 with an average of 129:50 students.
  • 879 MBA programs are ranked by the following institutions MBAGuide: 506, US News: 94, Forbes: 75, BW: 82, FT: 51 and Economist: 52.

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Data sources: MBA School Websites, IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), U.S. Bureau of Labor Statistics (BLS). US News, The Econominst, Forbes, Bloomberg Business Week, Financial Times.

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