2022 Best MBA Programs in Massachusetts

Research the best MBA programs in Massachusetts by concentrations offered, how the MBA programs are offered (full-time, part-time, online, weekend and evenings), rankings by publication, cost of tuition, number of alumni, GMAT requirements and more.

To meet the diverse needs of Massachusetts businesses, MBA programs here have risen to the challenge by offering you an array of more than 49 MBA concentrations to specialize in.

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. You will find 9 different paths to earn your MBA in Massachusetts including Online, Campus, Full-Time, 1-Year, Distance Education, Evenings and Weekends, Off Campus, Part-Time and Partnership.

Massachusetts has 29 Accredited MBA programs. There are 14 private and 5 public schools offering MBA programs.

Research additional school detail on the school summary pages, in the tables and charts below and throughout the site.

MBA Program Comparisons: Massachusetts vs Online vs U.S.

Rankings 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

Publications and the number of awards granted for Massachusetts schools:

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

Salaries for MBA Graduates in Massachusetts

While the average starting salary for graduates of an in-person MBA program in Massachusetts is about $92,693, the lowest average MBA starting salary is $60,229 from University of Massachusetts Dartmouth, and the highest average MBA starting salary is $135,000 from Massachusetts Institute of Technology.

The average starting salary for graduates of an Online MBA program from an institution in Massachusetts is between $60,229 from University of Massachusetts Dartmouth and $96,000 from Bentley University. The average starting MBA salary for graduates of online MBA programs within Massachusetts is $80,839.

In-Person

• Average: $92,693 from Massachusetts's 19 In-Person MBA Programs
• Lowest In-Person: $60,229 from University of Massachusetts Dartmouth
• Highest In-Person:$135,000 from Massachusetts Institute of Technology

Online

• Average: $80,839 from Massachusetts's 10 Online MBA Programs
• Lowest Online: $60,229 from University of Massachusetts Dartmouth
• Highest Online: $96,000 from Bentley University

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 $67,225, the least expensive MBA program is $16,965 from University of Massachusetts Dartmouth, and the most expensive is $115,632 from Boston University.

An Online MBA program from an institution in Massachusetts will cost you between $16,965 from University of Massachusetts Dartmouth and $98,400 from Northeastern University. The average cost of online MBA programs within Massachusetts is $52,537.

In-Person

• Average: $69,720 from Massachusetts's 19 in-person MBA Programs
• Lowest in-person: $16,965 from University of Massachusetts Dartmouth
• Highest in-person: $115,632 from Boston University

Online

• Average: $52,537 from Massachusetts's 10 online MBA Programs
• Lowest online: $16,965 from University of Massachusetts Dartmouth
• Highest online: $98,400 from Northeastern University

GMAT Scores Needed for MBA Programs 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 591, the lowest average GMAT score is for an MBA program is 463 from University of Massachusetts Dartmouth, and the highest GMAT score needed is 729 from Harvard University.

The average GMAT score needed for an online MBA program from an institution in Massachusetts is between 463 from University of Massachusetts Dartmouth to 639 from University of Massachusetts Amherst. The average GMAT scored for online MBA programs within Massachusetts is 550.

In-Person

• Average: 591 from Massachusetts's 19 in-person MBA Programs
• Lowest in-person: 463 from University of Massachusetts Dartmouth
• Highest in-person: 729 from Harvard University

Online

• Average: 550 from Massachusetts's 10 online MBA Programs
• Lowest online: 463 from University of Massachusetts Dartmouth
• Highest online: 639 from University of Massachusetts Amherst

Student Enrollment for Massachusetts MBA Programs

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 1,868. For part-time enrollment, the range is between 7 and 1,741.

In Person

• Lowest: 16 from Stonehill College
• Highest: 1,868 from Harvard University
• Average: 491 from Massachusetts's 29 MBA Programs.
• Average: 243 from 876 the nation's campus MBA Programs.

Online

• Lowest: 18 from Worcester Polytechnic Institute
• Highest: 465 from Bentley University
• Average: 326 from Massachusetts's 10 MBA Programs.
• Average: 199 from 324 nation's online MBA Programs.

Percent of Global MBA Student Population

The MBA programs in the United States are coveted around the world and attract a healthy percentage of global students each year. A culturally diverse student population is especially important in an ever-changing global economy. With increasing globalization, a well diversified student body from outside the United States can provide much needed global world-view as well as valuable networking opportunities.

In Massachusetts the percentage of students from the United States varies from a low of 62% to a high of 63%.

For online programs in  Massachusetts the percentage of students from the United States varies from a low of N/A to a high of N/A.

In Person

• Lowest: 62% from Massachusetts Institute of Technology
• Highest: 63% from Harvard University
• Average: 63% from Massachusetts's 19 in-person MBA Programs.
• Average: 75% from 590 nation's in-person MBA Programs.

Online

• Lowest: N/A from N/A
• Highest: N/A from N/A
• Average: N/A from Massachusetts's 10 online MBA Programs.
• Average: 76% from 324 nation's online MBA Programs.

MBA Concentrations Available from MBA Programs 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 49 MBA concentrations including:

• Finance: 21
• Accounting: 20
• Management: 20
• General Business: 20
• Marketing: 18
• International Business: 18
• Data Analytics: 16
• Information Systems: 16
• Entrepreneurship: 16
• Leadership: 14

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

• Harvard University: 26
• Massachusetts Institute of Technology: 26
• Worcester Polytechnic Institute: 24
• Boston University: 24
• Suffolk University: 24
• Northeastern University: 24
• University of Massachusetts Boston: 23
• University of Massachusetts Dartmouth: 21
• Babson College: 19
• Boston College: 19

 Student / Faculty Ratio for MBA Programs in Massachusetts

Quality MBA programs invest in the number of professors relative to the students attending the program. Commonly known as the Student Faculty ratio. Generally, the lower the ratio, the better it is for students. MBA students will get the personalized one-on-one attention from faculty mentors that have extensive experience in the industry. The Student/Faculty metric is a matter of personal preference and for those students who excel in lecture hall environments, you may not need the low student/faculty ratio.

In Massachusetts the student faculty ratio for MBA programs ranges from the lowest (best) of 1:5 the highest (less desirable) of 497:50. For online MBA programs thee student faculty ratio for MBA programs ranges from the lowest (best) of 47:50 the highest (less desirable) of 927:100.

In Person

• Lowest: 1:5 from Hult International Business School
• Highest: 497:50 from Brandeis University
• Average: 329:100 from Massachusetts's 19 MBA Programs.
• Average: 129:50 from 590 the nation's campus MBA Programs.

Online

• Lowest: 47:50 from University of Massachusetts Amherst
• Highest: 927:100 from Clark University
• Average: 83:25 from Massachusetts's 10 MBA Programs.
• Average: 249:100 from 324 nation's online MBA Programs.

Full-Time Faculty

Highly competitive MBA schools recruit part-time and full-time professors that are both academics and industry influencers. They are the subject matter experts in their respective field. Most business professors have experienced success in the corporate world and have written extensively in their chosen field. The number of highly-qualified full-time faculty is directly related to the reputation of most elite MBA programs.

The number of full-time faculty for MBA programs in Massachusetts ranges from a low of 21 professors to a high or 166.

• Lowest: 21 from Stonehill College
• Highest: 166 from Bentley University
• Average: 83 from Massachusetts's 29 MBA Programs
• Average: 65 from 324 Online MBA Programs

Percent of Faculty with a PhD

Another high-level perspective to consider when determining the quality of an MBA faculty is to note the number of faculty who have earned a PhD in their respective area of excellence. Note to writer - create a fuller amount of content for this section.

In Massachusetts MBA programs range from 63.20% of the faculty having a PhD to a 100.00% of the MBA faculty having a PhD.

• Lowest: 63% from Stonehill College
• Highest: 100% from Massachusetts Institute of Technology
• Average: 83% from Massachusetts's 29 MBA Programs
• Average: 83% from 324 Online MBA Programs

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 in Massachusetts with Accredited MBA Programs

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. The following is a list of cities in Massachusetts with accredited MBA programs: Amherst, Babson Park, Boston, Cambridge, Chestnut Hill, Easton, Lowell, North Dartmouth, Springfield, Waltham and Worcester.

Table of Best Ranked MBA Programs in Massachusetts