2024 Best MBA Programs in Massachusetts

Massachusetts, the U.S. and Online

Averages	Massachusetts MBA Programs	Online MBA Programs	MBA Programs in the US
Average MBA Tuition	$74,395	$38,871	$43,473
Average GMAT Scores	623	550	562
Average Full-Time MBA Faculty	96	69	69
Average MBA Student Faculty Ratio	14:1	17:1	16:1
Average # of MBA Faculty with Doctorate	83.46%	83.45%	83.95%
Average Full-Time MBA Enrollment	383	279	288
Average Part-Time MBA Enrollment	699	404	354
Average % of MBA Students from U.S.	63%	76%	75%

What Are the Best Ranked MBA Programs in Massachusetts

Read about our ranking methodology.

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 $100,630, the lowest average MBA starting salary is $60,150 from Salem State University, 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 $61,367 from Clark University and $124,277 from University of Massachusetts Boston. The average starting MBA salary for graduates of online MBA programs within Massachusetts is $93,127.

Average Graduate Salaries for In-Person MBA Programs

• Average: $102,879 from Massachusetts's 19 In-Person MBA Programs
• Lowest In-Person: $60,150 from Salem State University
• Highest In-Person:$175,000 from Harvard University

Average Graduate Salaries for Online MBA Programs

• Average: $93,127 from Massachusetts's 10 Online MBA Programs
• Lowest Online: $61,367 from Clark University
• Highest Online: $124,277 from University of Massachusetts Boston

 

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 $74,395, 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 $17,578 from University of Massachusetts Dartmouth and $124,248 from Boston University. The average cost of online MBA programs within Massachusetts is $59,980.

Average Tuition for In-Person MBA Programs

• Average: $77,575 from Massachusetts's 19 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: $59,980 from Massachusetts's 10 online MBA Programs
• Lowest online: $17,578 from University of Massachusetts Dartmouth
• Highest online: $124,248 from Boston University

What is the 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 102%, the lowest ROI is 45% from Brandeis University, and the best ROI is 319% from University of Massachusetts Boston.

The ROI from Online MBA programs in Massachusetts range between 49% from Boston University and 319% from University of Massachusetts Boston. The average ROI of online MBA programs within Massachusetts is 136%.

In-Person ROI for MBA Programs

• Average: 99% from Massachusetts's 19 in-person MBA Programs
• Lowest in-person: 45% from Brandeis University
• Highest in-person: 319% from University of Massachusetts Boston

Online ROI for MBA Programs

• Average: 136% from Massachusetts's 10 online MBA Programs
• Lowest online: 49% from Boston University
• Highest online: 319% 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 623, the lowest average GMAT score is for an MBA program is 493 from Western New England University, 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 493 from Western New England University 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: 629 from Massachusetts's 19 in-person MBA Programs
• Lowest in-person: 493 from Western New England University
• Highest in-person: 730 from Harvard University

Average GMAT Score for Online MBA Programs

• Average: 600 from Massachusetts's 10 online MBA Programs
• Lowest online: 493 from Western New England University
• Highest online: 683 from University of Massachusetts Boston

Which MBA Schools Have the Highest Student Enrollment in 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 16 and 1,615. For part-time enrollment, the range is between 8 and 3,057.

Average Enrollment for Score for In-Person MBA Programs

• Lowest: 16 from Stonehill College
• Highest: 1,615 from Boston University
• Average: 410 from Massachusetts's 29 MBA Programs.
• Average: 291 from 875 the nation's campus MBA Programs.

Average Enrollment for Score for Online MBA Programs

• Lowest: 18 from Worcester Polytechnic Institute
• Highest: 813 from Northeastern University
• Average: 334 from Massachusetts's 10 MBA Programs.
• Average: 279 from 327 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 47 MBA concentrations including:

• Finance: 25
• Accounting: 24
• Marketing: 24
• Management: 23
• Information Systems: 19
• General Business: 19
• Entrepreneurship: 17
• International Business: 17
• Supply Chain: 16
• Economics: 16

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

• Harvard University: 26
• Suffolk University: 24
• Boston University: 24
• University of Massachusetts Boston: 23
• Worcester Polytechnic Institute: 21
• University of Massachusetts Dartmouth: 20
• Western New England University: 20
• Boston College: 19
• Hult International Business School: 19
• Northeastern University: 19

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 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

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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 29 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.

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

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

To meet the diverse needs of Massachusetts businesses, MBA programs here have risen to the challenge by offering you an array of more than 47 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 29 accredited MBA programs offered in Massachusetts, 17 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 51 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
• Boston University: 7
• Harvard University: 7
• Babson College: 6
• Boston College: 6
• Northeastern University: 5
• University of Massachusetts Amherst: 3
• Clark University: 1
• Suffolk University: 1
• Worcester Polytechnic Institute: 1
• Bentley University: 1
• Stonehill College: 1
• University of Massachusetts Lowell: 1
• University of Massachusetts Dartmouth: 1
• Brandeis University: 1
• Western New England University: 1
• University of Massachusetts Boston: 1

Publications and the number of awards granted for Massachusetts schools:

• MBAGuide: 17
• US News: 7
• Forbes: 6
• BW: 6
• FT: 5
• Economist: 3

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 Massachusetts | Online MBA Programs in Massachusetts 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