2025 Best MBA Programs in Massachusetts

Compare MBA Program Averages in 2025
Massachusetts, the U.S. and Online

Averages	Massachusetts MBA Programs	Online MBA Programs	MBA Programs Nationwide
Average MBA Tuition	$72,095	$37,225	$42,573
Average Graduate Salary	$100,659	$79,354	$82,899
Average ROI	104%	196%	185%
Average GMAT Scores	618	561	567
Average Full-Time Faculty	99	72	72
Average Student Faculty Ratio	14:1	17:1	16:1
Average Business School Enrollment	3,038	2,654	2,533

What is the Average Tuition for MBA Programs in Massachusetts?

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 Massachusetts will cost about $72,095, the least expensive MBA program is $17,578 from University of Massachusetts Dartmouth, and the most expensive is $164,000 from Massachusetts Institute of Technology.

An Online MBA program from an institution in Massachusetts will cost you between $19,499 from University of Massachusetts Boston and $124,248 from Boston University. The average cost of online MBA programs within Massachusetts is $56,367.

Average Tuition for In-Person MBA Programs

Average: $66,989 from Massachusetts’s 18 in-person MBA Programs
Lowest in-person: $17,578 from University of Massachusetts Dartmouth
Highest in-person: $164,000 from Massachusetts Institute of Technology

Average Tuition for Online MBA Programs

Average: $56,367 from Massachusetts’s 13 online MBA Programs
Lowest online: $19,499 from University of Massachusetts Boston
Highest online: $124,248 from Boston University

What is the Average Graduate MBA Salary in Massachusetts?

While the average starting salary for graduates of an in-person MBA program in Massachusetts is about $100,659, the lowest average MBA starting salary is $55,392 from Nichols College, and the highest average MBA starting salary is $175,000 from Harvard University.

The average starting salary for graduates of an Online MBA program from an institution in Massachusetts is between $55,392 from Nichols College and $124,277 from University of Massachusetts Boston. The average starting MBA salary for graduates of online MBA programs within Massachusetts is $90,528.

Average Graduate Salaries for In-Person MBA Programs

• Average: $97,396 from Massachusetts’s 18 In-Person MBA Programs
• Lowest In-Person: $55,392 from Nichols College
• Highest In-Person:$175,000 from Harvard University

Average Graduate Salaries for Online MBA Programs

• Average: $90,528 from Massachusetts’s 13 Online MBA Programs
• Lowest Online: $55,392 from Nichols College
• Highest Online: $124,277 from University of Massachusetts Boston

What is the Average ROI for MBA Programs in Massachusetts?

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 Massachusetts is 104%, the lowest ROI is -9% from Brandeis University, and the best ROI is 537% from University of Massachusetts Boston.

The ROI from Online MBA programs in Massachusetts range between -3% from Boston University and 537% from University of Massachusetts Boston. The average ROI of online MBA programs within Massachusetts is 118%.

In-Person ROI for MBA Programs

• Average: 110% from Massachusetts’s 18 in-person MBA Programs
• Lowest in-person: -9% from Brandeis University
• Highest in-person: 537% from University of Massachusetts Boston

Online ROI for MBA Programs

• Average: 118% from Massachusetts’s 13 online MBA Programs
• Lowest online: -3% from Boston University
• Highest online: 537% from University of Massachusetts Boston

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

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 Massachusetts is 618, the lowest average GMAT score is for an MBA program is 450 from Nichols College, and the highest GMAT score needed is 730 from Harvard University.

The average GMAT score needed for an online MBA program from an institution in Massachusetts is between 450 from Nichols College to 683 from University of Massachusetts Boston. The average GMAT scored for online MBA programs within Massachusetts is 600.

Average GMAT Score for In-Person MBA Programs

• Average: 612 from Massachusetts’s 18 in-person MBA Programs
• Lowest in-person: 450 from Nichols College
• Highest in-person: 730 from Harvard University

Average GMAT Score for Online MBA Programs

• Average: 600 from Massachusetts’s 13 online MBA Programs
• Lowest online: 450 from Nichols College
• Highest online: 683 from University of Massachusetts Boston

No GMAT or GRE – Best MBA Programs in Massachusetts

MBA Schools with the Most Alumni Massachusetts?

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 Massachusetts state’s MBA programs, the range for full-time enrollment is between 46 and 1,590. For part-time enrollment, the range is between : 20.00 and : 3,008.00.

Average Enrollment for In-Person MBA Programs

• Lowest: 46 from University of Massachusetts Amherst
• Highest: 1,590 from Boston University
• Average: 423 from Massachusetts’s 19 MBA Programs.
• Average: 296 from 511 the nation’s campus MBA Programs.

Average Enrollment for Online MBA Programs

• Lowest: 46 from University of Massachusetts Amherst
• Highest: 1,590 from Boston University
• Average: 483 from Massachusetts’s 13 MBA Programs.
• Average: 287 from 392 nation’s online MBA Programs.

What MBA Concentrations Available in Massachusetts?

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 Massachusetts businesses, MBA programs here have risen to the challenge by offering you an array of more than 40 MBA concentrations including:

• Management: 18
• Finance: 17
• General Business: 16
• Corporate Finance: 14
• Data Analytics: 14
• Accounting: 13
• Marketing: 13
• Other: 8
• Information Systems: 8
• Healthcare Administration: 8

What Schools Offer the Widest Variety of MBA Concentrations in Massachusetts?

• Harvard University: 23
• Suffolk University: 23
• Boston University: 20
• Nichols College: 17
• Northeastern University: 17
• University of Massachusetts Amherst: 13
• Bentley University: 13
• University of Massachusetts Dartmouth: 11
• Hult International Business School: 11
• University of Massachusetts Lowell: 10

Cities Offering MBA Programs in Massachusetts

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

• Amherst
• Babson Park
• Boston
• Cambridge
• Chestnut Hill
• Easton
• Lowell
• North Dartmouth
• Springfield
• Waltham
• Worcester

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.

MBA Program Options Available in Massachusetts

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

Massachusetts has 19 Accredited MBA programs. 3 private and 5 public schools offering MBA programs.

Massachusetts has 5 public schools and 3 private schools offering MBA degree programs.

19 Accredited MBA programs.  and 5 public schools offering MBA programs.

Massachusetts schools offer 11 different paths to earn your MBA in Massachusetts including Campus, Full-Time, Part-Time, Online, Evenings, Weekends, Distance Education, 1-Year, Off Campus, Partnership and Evenings and Weekends.

To meet the diverse needs of Massachusetts businesses, MBA programs here have risen to the challenge by offering you an array of more than 40 MBA concentrations to specialize in.

Awards for MBA Programs in Massachusetts

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 19 accredited MBA programs offered in Massachusetts, 16 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.

Massachusetts schools have earned a total of 50 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• Massachusetts Institute of Technology: 7
• Harvard University: 7
• Boston University: 7
• Boston College: 6
• Babson College: 6
• Northeastern University: 5
• University of Massachusetts Amherst: 3
• Western New England University: 1
• University of Massachusetts Boston: 1
• Brandeis University: 1
• University of Massachusetts Dartmouth: 1
• University of Massachusetts Lowell: 1
• Clark University: 1
• Bentley University: 1
• Worcester Polytechnic Institute: 1
• Suffolk University: 1

Publications and the number of awards granted for Massachusetts schools:

• MBAGuide: 16
• US News: 7
• Forbes: 6
• BW: 6
• FT: 5
• Economist: 3

How We Rank the Best MBA Programs in Massachusetts

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.

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.

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