2024 Best MBA Programs in Maryland

Compare MBA Program Averages Across
Maryland, the U.S. and Online

Averages	Maryland MBA Programs	Online MBA Programs	MBA Programs in the US
Average MBA Tuition	$50,582	$38,875	: $43,475.55
Average GMAT Scores	: 576.33	557	561
Average Full-Time MBA Faculty	66	69	69
Average MBA Student Faculty Ratio	13:1	: 17:1	16:1
Average # of MBA Faculty with Doctorate	83.43%	83.45%	83.95%
Average Full-Time MBA Enrollment	362	279	288
Average Part-Time MBA Enrollment	420	404	354
Average % of MBA Students from U.S.	57%	76%	75%

What Are the Best Ranked MBA Programs in Maryland

Read about our ranking methodology.

What is the Average Graduate MBA Salary in Maryland?

While the average starting salary for graduates of an in-person MBA program in Maryland is about $80,131, the lowest average MBA starting salary is $42,900 from University of Maryland Eastern Shore, and the highest average MBA starting salary is $127,044 from Johns Hopkins University.

The average starting salary for graduates of an Online MBA program from an institution in Maryland is between $59,700 from Salisbury University and $127,044 from Johns Hopkins University. The average starting MBA salary for graduates of online MBA programs within Maryland is $84,785.

Average Graduate Salaries for In-Person MBA Programs

• Average: $80,131 from Maryland’s 10 In-Person MBA Programs
• Lowest In-Person: $42,900 from University of Maryland Eastern Shore
• Highest In-Person:$127,044 from Johns Hopkins University

Average Graduate Salaries for Online MBA Programs

• Average: $84,785 from Maryland’s 6 Online MBA Programs
• Lowest Online: $59,700 from Salisbury University
• Highest Online: $127,044 from Johns Hopkins University

10 Highest Salaries for MBA Graduates in Maryland

1. Johns Hopkins University - $127,044.00
2. University of Maryland - $121,103.00
3. Frostburg State University - $83,700.00
4. Morgan State University - $80,000.00
5. University of Baltimore - $77,400.00
6. Towson University - $69,150.00
7. Loyola University Maryland - $60,182.00
8. Salisbury University - $59,700.00
9. University of Maryland Eastern Shore - $42,900.00

10 Lowest Salaries for MBA Graduates in Maryland

1. University of Maryland Eastern Shore - $42,900.00
2. Salisbury University - $59,700.00
3. Loyola University Maryland - $60,182.00
4. Towson University - $69,150.00
5. University of Baltimore - $77,400.00
6. Morgan State University - $80,000.00
7. Frostburg State University - $83,700.00
8. University of Maryland - $121,103.00
9. Johns Hopkins University - $127,044.00

What is the Average Tuition for MBA Programs in Maryland?

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 Maryland will cost about $50,582, the least expensive MBA program is $16,095 from Morgan State University, and the most expensive is $133,000 from Johns Hopkins University.

An Online MBA program from an institution in Maryland will cost you between $16,095 from Morgan State University and $133,000 from Johns Hopkins University. The average cost of online MBA programs within Maryland is $50,582.

Average Tuition for In-Person MBA Programs

Average: $50,582 from Maryland’s 10 in-person MBA Programs
Lowest in-person: $16,095 from Morgan State University
Highest in-person: $133,000 from Johns Hopkins University

Average Tuition for Online MBA Programs

Average: $50,582 from Maryland’s 6 online MBA Programs
Lowest online: $16,095 from Morgan State University
Highest online: $133,000 from Johns Hopkins University

Most Affordable MBAs in Maryland

1. Morgan State University - $16,095.00
2. Frostburg State University - $16,740.00
3. Salisbury University - $20,792.00
4. Towson University - $24,084.00
5. University of Baltimore - $35,128.00
6. Loyola University Maryland - $59,950.00
7. University of Maryland - $98,865.00
8. Johns Hopkins University - $133,000.00

Most Expensive MBAs in Maryland

1. Johns Hopkins University - $133,000.00
2. University of Maryland - $98,865.00
3. Loyola University Maryland - $59,950.00
4. University of Baltimore - $35,128.00
5. Towson University - $24,084.00
6. Salisbury University - $20,792.00
7. Frostburg State University - $16,740.00
8. Morgan State University - $16,095.00

What is the Average ROI for MBA Programs in Maryland?

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 Maryland is 132%, the lowest ROI is 48% from Johns Hopkins University, and the best ROI is 250% from Frostburg State University.

The ROI from Online MBA programs in Maryland range between 48% from Johns Hopkins University and 250% from Frostburg State University. The average ROI of online MBA programs within Maryland is 123%.

In-Person ROI for MBA Programs

• Average: 132% from Maryland’s 10 in-person MBA Programs
• Lowest in-person: 48% from Johns Hopkins University
• Highest in-person: 250% from Frostburg State University

Online ROI for MBA Programs

• Average: 123% from Maryland’s 6 online MBA Programs
• Lowest online: 48% from Johns Hopkins University
• Highest online: 250% from Frostburg State University

Highest ROI for MBA Programs in Maryland

1. Frostburg State University - 250.00%
2. Morgan State University - 248.52%
3. Salisbury University - 143.56%
4. Towson University - 143.56%
5. University of Baltimore - 110.17%
6. University of Maryland - 61.25%
7. Loyola University Maryland - 50.19%
8. Johns Hopkins University - 47.76%

Lowest ROI for MBA Programs in Maryland

1. Johns Hopkins University - 47.76%
2. Loyola University Maryland - 50.19%
3. University of Maryland - 61.25%
4. University of Baltimore - 110.17%
5. Towson University - 143.56%
6. Salisbury University - 143.56%
7. Morgan State University - 248.52%
8. Frostburg State University - 250.00%

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

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 Maryland is 576, the lowest average GMAT score is for an MBA program is 500 from Mount St. Mary’s University, and the highest GMAT score needed is 673 from Johns Hopkins University.

The average GMAT score needed for an online MBA program from an institution in Maryland is between 500 from Mount St. Mary’s University to 673 from Johns Hopkins University. The average GMAT scored for online MBA programs within Maryland is 580.

Average GMAT Score for In-Person MBA Programs

• Average: 576 from Maryland’s 10 in-person MBA Programs
• Lowest in-person: 500 from Mount St. Mary’s University
• Highest in-person: 673 from Johns Hopkins University

Average GMAT Score for Online MBA Programs

• Average: 580 from Maryland’s 6 online MBA Programs
• Lowest online: 500 from Mount St. Mary’s University
• Highest online: 673 from Johns Hopkins University

10 Lowest GMAT Scores in Maryland

1. Morgan State University - 500
2. Mount St. Mary's University - 500
3. Salisbury University - 531
4. Frostburg State University - 550
5. University of Maryland Eastern Shore - 550
6. University of Baltimore - 590
7. Towson University - 637
8. University of Maryland - 656
9. Johns Hopkins University - 673

10 Highest GMAT Scores in Maryland

1. Johns Hopkins University - 673
2. University of Maryland - 656
3. Towson University - 637
4. University of Baltimore - 590
5. Frostburg State University - 550
6. University of Maryland Eastern Shore - 550
7. Salisbury University - 531
8. Morgan State University - 500
9. Mount St. Mary's University - 500

No GMAT or GRE – Best MBA Programs in Maryland

MBA Schools with the Most Alumni Maryland?

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 Maryland state’s MBA programs, the range for full-time enrollment is between 24 and 1,100. For part-time enrollment, the range is between : 27.00 and : 1,815.00.

Average Enrollment for In-Person MBA Programs

• Lowest: 24 from Salisbury University
• Highest: 1,100 from University of Maryland
• Average: 362 from Maryland’s 13 MBA Programs.
• Average: 291 from 875 the nation’s campus MBA Programs.

Average Enrollment for Online MBA Programs

• Lowest: 24 from Salisbury University
• Highest: 1,100 from University of Maryland
• Average: 454 from Maryland’s 6 MBA Programs.
• Average: 279 from 327 nation’s online MBA Programs.

Schools with the Lowest Student Enrollment in Maryland

1. University of Maryland - 1,100
2. Johns Hopkins University - 1,051
3. Loyola University Maryland - 483
4. Morgan State University - 92
5. University of Baltimore - 61
6. Towson University - 51
7. Frostburg State University - 36
8. Salisbury University - 24

MBA Programs with the Highest Student Enrollment in Maryland

1. Salisbury University - 24
2. Frostburg State University - 36
3. Towson University - 51
4. University of Baltimore - 61
5. Morgan State University - 92
6. Loyola University Maryland - 483
7. Johns Hopkins University - 1,051
8. University of Maryland - 1,100

What MBA Concentrations Available in Maryland?

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 Maryland businesses, MBA programs here have risen to the challenge by offering you an array of more than 34 MBA concentrations including:

• Marketing: 12
• Finance: 11
• Management: 11
• General Business: 9
• Accounting: 8
• Information Systems: 7
• Healthcare Administration: 7
• International Business: 7
• Data Analytics: 7
• Human Resources: 6

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

• University of Baltimore: 22
• University of Maryland Eastern Shore: 20
• Frostburg State University: 16
• Loyola University Maryland: 15
• Morgan State University: 14
• Towson University: 13
• Johns Hopkins University: 13
• University of Maryland: 11
• Salisbury University: 9
• Mount St. Mary’s University: 3

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 Maryland

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

• Baltimore
• College Park
• Frostburg
• Princess Anne
• Salisbury
• Towson

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MBA Program Options Available in Maryland

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

Maryland has 13 Accredited MBA programs. 0 private and 7 public schools offering MBA programs.

Maryland has 7 public schools and 0 private schools offering MBA degree programs.

13 Accredited MBA programs.  and 7 public schools offering MBA programs.

Maryland schools offer 10 different paths to earn your MBA in Maryland including Campus, Full-Time, Online, Evenings, Part-Time, Weekends, Distance Education, Off Campus, Partnership and 1-Year.

To meet the diverse needs of Maryland businesses, MBA programs here have risen to the challenge by offering you an array of more than 34 MBA concentrations to specialize in.

Awards for MBA Programs in Maryland

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 13 accredited MBA programs offered in Maryland, 8 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.

Maryland schools have earned a total of 14 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• University of Maryland: 7
• Towson University: 1
• University of Maryland Eastern Shore: 1
• Loyola University Maryland: 1
• University of Baltimore: 1
• Salisbury University: 1
• Frostburg State University: 1
• Johns Hopkins University: 1

Publications and the number of awards granted for Maryland schools:

• MBAGuide: 8
• US News: 1
• Forbes: 1
• BW: 1
• FT: 1
• Economist: 1

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.

Find: MBA Programs in Maryland | Online MBA Programs in Maryland 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