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Salem State University

Posted onMay 7, 2021March 6, 2025 Updated onMarch 9, 2025 Reading Time: 5 minutes

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Salem State University Bertolon School of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements

 

$20,934

Average Tuition

$60,150

Average Starting Salary*

520

Average GMAT Scores

882

Average Student Enrollment


Bertolon School of Business at Salem State University MBA Program in Salem, MA

Salem State University

Bertolon School of Business

  • 352 Lafayette Street, CC-210, Salem, MA - 1970
  • Salem State University

  • Business School

    Institution Control: Public
  • AACSB Accreditation: Business
  • Academic Year: Semester
  • Full-Time Faculty:
  • Business Programs

    Business Degrees & Concentrations: Accounting, Healthcare Administration, Human Resources, Management and Marketing

  • Offered As: Campus, Full-Time and Online

  • Undergraduate School of Business

    Undergrad Degrees Conferred:
  • In-State Tuition: $11,675

  • MBA Program Ranking(s)

    Ranked by:

  • MBA Tuition & Fees

    In-State Tuition: $20,934

  • Enrollment

    Full-time, All: 882

  • Average GMAT Score

    Average GMAT MBA: 520

  • Student / Faculty Ratio

    Institution: 12:1

  • Average Starting Salary

    Graduate Salary*: $60,150

  • Award Levels

    Award Levels Offered: Master, MBA and Undergraduate

  • Social Links


  • GMAT Requirements

    GMAT Required* (yes, no, optional, recommended): No

  • MBAGuide Rankings

    Program Rankings:
    • Most Affordable Online MBA or Masters in Massachusetts
    • Best Online MBA or Masters in Massachusetts

Compare Salem State University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements

Compare how the MBA program at Salem State University measures up against Massachusetts, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.

Averages Salem State University Online Massachusetts
Tuition $20,934 $37,225 $72,095
Salary $60,150 $79,354 $100,659
ROI 187% 196% 104%
S/F Ratio 12:1 17:1 14:1
 Enrollment 882 2,654 3,038
GMAT GMAT Required: Yes

Average GMAT Score: 520

561 618

Compare Average MBA Tuition

In Massachusetts the most affordable MBA program is $17,578 and the most expensive is $164,000. The average tuition cost in the state is $72,095. Currently, the average in-state MBA tuition for Salem State University is $20,934.

Comparison Group MBA Tuition Averages
Salem State University $20,934
Massachusetts Average $72,095
Online Average $37,225
National Average $42,573

    • Salem State University average in-state tuition is $20,934
    • The average Massachusetts in-state MBA tuition is $72,095
    • The average online MBA tuition in the United States is $37,225
    • The national average in-state tuition in the United States is $42,573

The most affordable Online MBA program in Massachusetts is $19,499 while the most expensive online program is $124,248. The average online tuition for Massachusetts programs is $56,367. Research the most affordable AACSB online MBA programs across the nation.

  • Salem State University's average in-state tuition is $20,934
  • Massachusetts average in-state tuition is $56,367
  • National for average in-state tuition in the United States is $37,225
  • Online average for in-state tuition is $37,225
  • Find the most affordable online MBA schools.

Compare Average Graduate MBA Salaries

The highest average graduate salary1 for an MBA program in Massachusetts is $175,000 and the lowest is $55,392. The average graduate MBA salary in the state is $100,659. Currently, the average MBA graduate salary for Salem State University is estimated to be $60,150.

Comparison Group Graduate MBA Salary Averages
Salem State University $60,150
Massachusetts Average $100,659
Online Average $79,354
National Average $82,899

    • National average for MBA graduate salary is $82,899
    • Online average for graduate MBA salary is $79,354

For online MBA programs in Massachusetts, the highest average graduate salary1 is $124,277 and the lowest is $55,392. The average graduate MBA salary in the state is $90,528. Currently, the average MBA graduate salary for Salem State University is estimated to be $60,150.

    • Massachusetts average for online MBA starting salary is $90,528
    • National average for online MBA starting salary is $79,354

Find the online MBA programs with highest and lowest average online MBA starting salaries.

Compare Average ROI for Graduate MBA Students

The highest average graduate ROI1 for MBA students in Massachusetts is 537% and the lowest is -9%. The average graduate MBA ROI in the state is 104%. Currently, the average MBA graduate ROI for Salem State University is estimated to be 187%.

Comparison Group Graduate MBA ROI Averages
Salem State University 187%
Massachusetts Average 104%
Online Average 196%
National Average 186%

    • National average for MBA graduate ROI is 186%
    • Online average for graduate MBA ROI is 196%

For online MBA programs in Massachusetts, the highest average graduate ROI1 is 537% and the lowest is -3%. The average graduate MBA ROI in the state is 118%. Currently, the average MBA graduate ROI for Salem State University is estimated to be 187%.

    • Massachusetts average for online MBA starting ROI is 118%
    • National average for online MBA starting ROI is 196%

Find the schools with the highest and lowest ROI for graduating MBA students.

Compare Business School Student / Faculty Ratios

The average student to faulty ratio for business schools in Massachusetts ranges between a low of 3:1 to a high of 27:1 with an average Student Faculty Ratio of 14:1. Currently, Salem State University has an average student-to-faculty ratio for its MBA program of 12:1.

Comparison Group Average Student to Faculty Ratios
Salem State University 12:1
Massachusetts Average 14:1
Online Average 17:1
National Average 16:1

    • Salem State University Average Student Faculty Ratio: 12:1
    • Massachusetts Student Faculty Ratio: 14:1
    • Average U.S. Student Faculty Ratio: 16:1
    • Average Online Student Faculty Ratio: 17:1

For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.

Research the best and worst student-to-faculty ratios.

Compare Average Business School Enrollment (Alumni)

In Massachusetts, the average business school enrollment ranges between a low of 513 to a high of 7,076 with an average of 3,038. Currently, Salem State University average school enrollment is 882.

Comparison Group Average Business School Enrollment / Alumni
Salem State University 882
Massachusetts Average 3,038
Online Average 2,654
National Average 2,533

 

    • Salem State University Average School Enrollment: 882
    • Massachusetts's Average School Enrollment: 3,038
    • National Average for School Enrollment: 2,533
    • Online Average for School Enrollment: 2,654

For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.

Research, find and compare online business schools enrollments.

Compare Average GMAT Scores

The average GMAT score for an MBA program in Massachusetts ranges between a low of 450 to a high of 730 with an average of 618. At the present time, Salem State University average GMAT score for its MBA program is 520.

Comparison Group Average GMAT Scores
Salem State University 520
Massachusetts Average 618
Online Average 561
National Average 567

    • Salem State University Average GMAT: 520
    • Massachusetts's Average GMAT Scores: 618
    • National Average for GMAT Scores: 567
    • Online Average for GMAT Scores: 561

For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.

Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.

    • Find MBA programs that do not require a GMAT or make the exam optional or conditional
    • Find Online MBA programs with the highest and lowest GMAT requirements

Massachusetts Schools Offering Online MBA Degrees

  • Nichols College
  • Western New England University
  • University of Massachusetts Boston
  • University of Massachusetts Amherst
  • Salem State University
  • University of Massachusetts Lowell
  • Clark University
  • Hult International Business School
  • Worcester Polytechnic Institute
  • Suffolk University
  • Northeastern University
  • Babson College
  • Boston University

Massachusetts Schools Offering both Campus and Online MBA Degrees

Find the best ranked MBA programs in Massachusetts and also find the best best online MBA programs accepting Massachusetts students.

  • Nichols College
  • Fitchburg State University
  • Western New England University
  • Massachusetts Institute of Technology
  • University of Massachusetts Boston
  • University of Massachusetts Amherst
  • Harvard University
  • Brandeis University
  • University of Massachusetts Dartmouth
  • Salem State University
  • University of Massachusetts Lowell
  • Clark University
  • Bentley University
  • Hult International Business School
  • Worcester Polytechnic Institute
  • Suffolk University
  • Northeastern University
  • Boston College
  • Babson College
  • Boston University

Cities in Massachusetts Where You Can Find MBA Programs

Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.

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

Salem State University Bertolon School of Business Summary

In-state tuition and fees for the MBA program at Bertolon School of Business is $20,934. Of all MBA programs offered in Massachusetts, the average cost for in-state tuition and fees is $72,095 a year. The average cost for in-state tuition and fees for an online MBA program is $37,225 a year.

The average GMAT score to enter into Bertolon School of Business is 520 while the average GMAT score to for MBA schools in Massachusetts is 618.26, and the average GMAT score to enter into an online GMAT program is 560.93.

After graduating, the school reports that the average graduate salary is $60,150.

Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 187%

The average in-state tuition you can expect to pay is about $20,934, and the average GMAT score for acceptance in their program is 520.

After graduating, the school reports that the average graduate salary is $60,150. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 187%

Programs are offered as: Campus, Full-Time and Online.

The school is ranked by: Salem State University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide.org

Averages Salem State University Online Massachusetts
Tuition $20,934 $37,225 $72,095
Salary $60,150 $79,354 $100,659
ROI 187% 196% 104%
S/F Ratio 12:1 17:1 14:1
 Enrollment 882 2,654 3,038
GMAT GMAT Required: Yes

Average GMAT Score: 520

561 618

1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.

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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      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • States
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
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      • Louisiana
      • Maryland
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      • Oklahoma
      • South Carolina
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      MBA Program Rankings and Reports for All 50 States

  • Concentrations
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • Resources
    • Blog
    • Scholarships
    • What is an MBA