2023 Best MBA Programs in Connecticut

Compare MBA Degrees in Connecticut for 2023

Key Highlights:

• • This guide provides comprehensive data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in Connecticut.

• • Detailed profiles of both online and on-campus MBA programs in Connecticut, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.

• • Insights into Connecticut's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.

Connecticut, often associated with affluence and high-quality education, boasts a variety of industries such as finance, insurance, manufacturing, and healthcare. This diverse economic landscape offers ample opportunities for MBA graduates with different specializations.

Connecticut's financial and insurance sector is one of the most robust in the country. For MBA graduates with a concentration in Finance or Risk Management, this sector provides a plethora of career opportunities.

Manufacturing, including aerospace and defense manufacturing, is another strong industry in Connecticut. Graduates with a concentration in Operations Management or Supply Chain Management can find promising opportunities here.

The healthcare industry in Connecticut is growing, offering roles in healthcare administration and management. With the aging population and the increasing need for health services, MBA graduates can play a pivotal role in this sector.

Lastly, the education sector is thriving in Connecticut, home to world-renowned universities. This industry provides ample opportunities for MBA graduates interested in educational administration, strategy, and leadership.

Compare MBA Program Averages Across

Connecticut, the U.S. and Online

Table of Best Ranked MBA Programs in Connecticut

What is the Average Graduate MBA Salary in Connecticut?

While the average starting salary for graduates of an in-person MBA program in Connecticut is about $87,321, the lowest average MBA starting salary is $65,000 from Post University, and the highest average MBA starting salary is $116,395 from Yale University.

The average starting salary for graduates of an Online MBA program from an institution in Connecticut is between $65,000 from Post University and $100,429 from University of Connecticut. The average starting MBA salary for graduates of online MBA programs within Connecticut is $80,103.

Average Graduate Salaries for In-Person MBA Programs

• Average: $87,321 from Connecticut's 13 In-Person MBA Programs
• Lowest In-Person: $65,000 from Post University
• Highest In-Person:$116,395 from Yale University

Average Graduate Salaries for Online MBA Programs

• Average: $80,103 from Connecticut's 5 Online MBA Programs
• Lowest Online: $65,000 from Post University
• Highest Online: $100,429 from University of Connecticut

What is the Average Tuition for MBA Programs in Connecticut?
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 online MBA program can provide the flexibility of completing a program while being employed in your respective career.

While the average in-person MBA program in Connecticut will cost about $54,767, the least expensive MBA program is $24,360 from Western Connecticut State University, and the most expensive is $146,180 from Yale University.

An Online MBA program from an institution in Connecticut will cost you between $35,018 from University of Connecticut and $50,035 from Quinnipiac University. The average cost of online MBA programs within Connecticut is $42,527.

Average Tuition for In-Person MBA Programs

• Average: $54,767 from Connecticut's 13 in-person MBA Programs
• Lowest in-person: $24,360 from Western Connecticut State University
• Highest in-person: $146,180 from Yale University

Average Tuition for Online MBA Programs

• Average: $42,527 from Connecticut's 5 online MBA Programs
• Lowest online: $35,018 from University of Connecticut
• Highest online: $50,035 from Quinnipiac University

What is the ROI for MBA Programs in Connecticut?

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.

While the average in-person MBA program ROI from Connecticut is 112%, the lowest ROI is 40% from Yale University, and the best ROI is 171% from Central Connecticut State University.

The ROI from Online MBA programs in Connecticut range between 75% from Quinnipiac University and 143% from University of Connecticut. The average ROI of online MBA programs within Connecticut is 109%.

In-Person ROI for MBA Programs

• Average: 112% from Connecticut's 13 in-person MBA Programs
• Lowest in-person: 40% from Yale University
• Highest in-person: 171% from Central Connecticut State University

Online ROI for MBA Programs

• Average: 109% from Connecticut's 5 online MBA Programs
• Lowest online: 75% from Quinnipiac University
• Highest online: 143% from University of Connecticut

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

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.

While the average GMAT score needed for in-person MBA program in Connecticut is 539, the lowest average GMAT score is for an MBA program is 450 from Sacred Heart University, and the highest GMAT score needed is 725 from Yale University.

The average GMAT score needed for an online MBA program from an institution in Connecticut is between 500 from Post University to 630 from University of Connecticut. The average GMAT scored for online MBA programs within Connecticut is 544.

Average GMAT Score for In-Person MBA Programs

• Average: 539 from Connecticut's 13 in-person MBA Programs
• Lowest in-person: 450 from Sacred Heart University
• Highest in-person: 725 from Yale University

Average GMAT Score for Online MBA Programs

• Average: 544 from Connecticut's 5 online MBA Programs
• Lowest online: 500 from Post University
• Highest online: 630 from University of Connecticut

Which MBA Schools Have the Highest Student Enrollment in Connecticut?

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.

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 Connecticut state's MBA programs, the range for full-time enrollment is between 14 and 932. For part-time enrollment, the range is between 66 and 1,053.

Average Enrollment for Score for In-Person MBA Programs

• Lowest: 14 from University of Hartford
• Highest: 932 from Yale University
• Average: 323 from Connecticut's 15 MBA Programs.
• Average: 243 from 879 the nation's campus MBA Programs.

Average Enrollment for Score for Online MBA Programs

• Lowest: 14 from University of Hartford
• Highest: 745 from University of Connecticut
• Average: 322 from Connecticut's 5 MBA Programs.
• Average: 201 from 327 nation's online MBA Programs.

What MBA Concentrations Available in Connecticut?

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 Connecticut businesses, MBA programs here have risen to the challenge by offering you an array of more than 33 MBA concentrations including:

• Finance: 15
• Marketing: 14
• Accounting: 13
• Management: 12
• General Business: 12
• Information Systems: 11
• International Business: 11
• Economics: 9
• Healthcare Administration: 8
• Data Analytics: 8

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

• U.S. Coast Guard Academy: 21
• Sacred Heart University: 18
• University of Hartford: 15
• University of New Haven: 15
• Western Connecticut State University: 14
• Quinnipiac University: 12
• Central Connecticut State University: 12
• Rensselaer at Hartford: 11
• Albertus Magnus College: 10
• University of Bridgeport: 10

The Importance of MBA Accreditation

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.

Cities Offering MBA Programs in Connecticut

Looking for a particular city in Connecticut with an accredited MBA program? Research and compare MBA programs from other cities in Connecticut. Find online programs, programs by concentration, by average GMAT score and more.

• Fairfield
• Hamden
• New Britain
• New Haven
• New London
• Storrs
• West Hartford
• West Haven

MBA Program Options Available in Connecticut

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

Connecticut has 15 Accredited MBA programs. 6 private and 4 public schools offering MBA programs.

Connecticut has 4 public schools and 6 private schools offering MBA degree programs.

15 Accredited MBA programs.  and 4 public schools offering MBA programs.

Connecticut schools offer 9 different paths to earn your MBA in Connecticut including Online, Campus, Full-Time, 1-Year, Distance Education, Evenings and Weekends, Off Campus, Part-Time and Partnership.

To meet the diverse needs of Connecticut businesses, MBA programs here have risen to the challenge by offering you an array of more than 33 MBA concentrations to specialize in.

Awards for MBA Programs in Connecticut

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 15 accredited MBA programs offered in Connecticut, 9 of them have been recognized by at least one distinguished publication (PQ, US News, Forbes, BW, FT, Economist and MBAGuide) garnering an award as one of the best MBA programs in the country.

Connecticut schools have earned a total of 19 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• Yale University: 7
• University of Connecticut: 5
• U.S. Coast Guard Academy: 1
• University of Hartford: 1
• Sacred Heart University: 1
• Quinnipiac University: 1
• University of New Haven: 1
• Fairfield University: 1
• Central Connecticut State University: 1

Publications and the number of awards granted for Connecticut schools:

• US News: 2
• Forbes: 2
• BW: 2
• FT: 1
• Economist: 1
• MBAGuide: 9