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Michigan State University

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

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Michigan State University The Eli Broad College of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements

 

$34,564

Average Tuition

$119,539

Average Starting Salary*

680

Average GMAT Scores

5,115

Average Student Enrollment


The Eli Broad College of Business at Michigan State University MBA Program in East Lansing, MI

Michigan State University

The Eli Broad College of Business

  • 632 Bogue Street, Room N520, East Lansing, MI - 48824
  • Michigan State University

  • Business School

    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester
  • Full-Time Faculty: 107
  • Business Programs

    Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, Finance, General Business, Healthcare Administration, Hospitality Management, Human Resources, Information Systems, Law, Management, Marketing, Operations Management, Organizational Behavior, Other and Supply Chain

  • Offered As: 1-Year, Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time and Weekends

  • Undergraduate School of Business

    Undergrad Degrees Conferred: 1,351
  • In-State Tuition: $17,165

  • MBA Program Ranking(s)

    Ranked by: PQ, US News, Forbes, BW, FT, Economist and MBAGuide

  • MBA Tuition & Fees

    In-State Tuition: $34,564

  • Enrollment

    Full-time, All: 5,115

  • Average GMAT Score

    Average GMAT MBA: 680

  • Student / Faculty Ratio

    Institution: 22:1

  • Average Starting Salary

    Graduate Salary*: $119,539

  • Award Levels

    Award Levels Offered: Doctoral, E-MBA, Master, MBA and Undergraduate

  • Social Links

    Facebook, Linkedin and Twitter

  • GMAT Requirements

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

  • MBAGuide Rankings

    Program Rankings:
    • Most Affordable Online MBA or Masters in Michigan
    • Most Affordable Online MBA or Masters in Most Affordable Online MBA
    • Best MBA or Masters Program in Michigan
    • Best Online Concentration Finance Online
    • Best Online MBA or Masters in Michigan
    • Best MBA or Masters Most Respected Online MBA Programs
    • Best MBA or Masters Accredited Online MBA Programs No GMAT Required
    • Best MBA or Masters Accredited Campus MBA Programs No GMAT Required
    • Best Concentration Finance
    • Best MBA or Masters Emerging Leadership Program - 1 Year MBA Programs
    • Best Concentration Healthcare Administration
    • Best Concentration Law
    • Best Concentration Marketing
    • Best Concentration Accounting
    • Best Concentration Human Resources
    • Best Concentration Operations Management
    • Best Concentration Data Analytics
    • Best Concentration Real Estate
    • Best Concentration Information Systems
    • Best MBA or Masters Most Respected MBA Programs
    • Masters All or Campus Masters Supply Chain Management
    • Best Online Concentration Accounting Online
    • Best Online Concentration Corporate Finance
    • Best Online Concentration Data Analytics
    • Best Online Concentration General Business
    • Best Online Concentration Healthcare Administration
    • Best Online Concentration Hospitality Management
    • Best Online Concentration Human Resources
    • Best Online Concentration Information Systems
    • Best Online Concentration Law
    • Best Online Concentration Management
    • Best Online Concentration Marketing
    • Best Online Concentration Operations Management
    • Best Online Concentration Organizational Behavior
    • Best Online Concentration Supply Chain
    • Best Concentration Business Administration
    • Best Concentration Management
    • Best Concentration Corporate Finance
    • Best Concentration Hospitality Management

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

Compare how the MBA program at Michigan State University measures up against Michigan, 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 Michigan State University Online Michigan
Tuition $34,564 $37,167 $45,280
Salary $119,539 $79,354 $90,253
ROI 246% 196% 149%
S/F Ratio 21:1 17:1 16:1
 Enrollment 5115 2,654 2,180
GMAT GMAT Required: Yes

Average GMAT Score: 680

561 556

Compare Average MBA Tuition

In Michigan the most affordable MBA program is $21,649 and the most expensive is $137,056. The average tuition cost in the state is $45,280. Currently, the average in-state MBA tuition for Michigan State University is $34,564.

Comparison Group MBA Tuition Averages
Michigan State University $34,564
Michigan Average $45,280
Online Average $37,167
National Average $42,528

    • Michigan State University average in-state tuition is $34,564
    • The average Michigan in-state MBA tuition is $45,280
    • The average online MBA tuition in the United States is $37,167
    • The national average in-state tuition in the United States is $42,528

The most affordable Online MBA program in Michigan is $21,649 while the most expensive online program is $137,056. The average online tuition for Michigan programs is $46,145. Research the most affordable AACSB online MBA programs across the nation.

  • Michigan State University's average in-state tuition is $34,564
  • Michigan average in-state tuition is $46,145
  • National for average in-state tuition in the United States is $37,167
  • Online average for in-state tuition is $37,167
  • Find the most affordable online MBA schools.

Compare Average Graduate MBA Salaries

The highest average graduate salary1 for an MBA program in Michigan is $153,465 and the lowest is $54,500. The average graduate MBA salary in the state is $90,253. Currently, the average MBA graduate salary for Michigan State University is estimated to be $119,539.

Comparison Group Graduate MBA Salary Averages
Michigan State University $119,539
Michigan Average $90,253
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 Michigan, the highest average graduate salary1 is $153,465 and the lowest is $54,500. The average graduate MBA salary in the state is $91,665. Currently, the average MBA graduate salary for Michigan State University is estimated to be $119,539.

    • Michigan average for online MBA starting salary is $91,665
    • 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 Michigan is 373% and the lowest is -3%. The average graduate MBA ROI in the state is 149%. Currently, the average MBA graduate ROI for Michigan State University is estimated to be 246%.

Comparison Group Graduate MBA ROI Averages
Michigan State University 246%
Michigan Average 149%
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 Michigan, the highest average graduate ROI1 is 373% and the lowest is -3%. The average graduate MBA ROI in the state is 154%. Currently, the average MBA graduate ROI for Michigan State University is estimated to be 246%.

    • Michigan average for online MBA starting ROI is 154%
    • 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 Michigan ranges between a low of 8:1 to a high of 25:1 with an average Student Faculty Ratio of 16:1. Currently, Michigan State University has an average student-to-faculty ratio for its MBA program of 21:1.

Comparison Group Average Student to Faculty Ratios
Michigan State University 21:1
Michigan Average 16:1
Online Average 17:1
National Average 16:1

    • Michigan State University Average Student Faculty Ratio: 21:1
    • Michigan Student Faculty Ratio: 16:1
    • 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 Michigan, the average business school enrollment ranges between a low of 279 to a high of 5,115 with an average of 2,180. Currently, Michigan State University average school enrollment is 5115.

Comparison Group Average Business School Enrollment / Alumni
Michigan State University 5115
Michigan Average 2,180
Online Average 2,654
National Average 2,533

 

    • Michigan State University Average School Enrollment: 5115
    • Michigan's Average School Enrollment: 2,180
    • 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 Michigan ranges between a low of 450 to a high of 720 with an average of 556. At the present time, Michigan State University average GMAT score for its MBA program is 680.

Comparison Group Average GMAT Scores
Michigan State University 680
Michigan Average 556
Online Average 561
National Average 567

    • Michigan State University Average GMAT: 680
    • Michigan's Average GMAT Scores: 556
    • 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

Michigan Schools Offering Online MBA Degrees

  • Wayne State University
  • Northern Michigan University
  • The University of Michigan
  • The University of Michigan-Flint
  • Lawrence Technological University
  • University of Detroit Mercy
  • Central Michigan University
  • Saginaw Valley State University
  • Western Michigan University
  • Eastern Michigan University
  • Oakland University
  • The University of Michigan-Dearborn
  • Michigan State University

Michigan Schools Offering both Campus and Online MBA Degrees

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

  • Wayne State University
  • Northern Michigan University
  • The University of Michigan
  • The University of Michigan-Flint
  • Lawrence Technological University
  • Grand Valley State University
  • University of Detroit Mercy
  • Central Michigan University
  • Saginaw Valley State University
  • Western Michigan University
  • Eastern Michigan University
  • Michigan Technological University
  • Oakland University
  • The University of Michigan-Dearborn
  • Michigan State University

Cities in Michigan 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.

  • Ann Arbor
  • Dearborn
  • Detroit
  • East Lansing
  • Flint
  • Grand Rapids
  • Houghton
  • Kalamazoo
  • Marquette
  • Mount Pleasant
  • Rochester
  • University Center
  • Ypsilanti
.

Michigan State University The Eli Broad College of Business Summary

In-state tuition and fees for the MBA program at The Eli Broad College of Business is $34,564. Of all MBA programs offered in Michigan, the average cost for in-state tuition and fees is $45,280 a year. The average cost for in-state tuition and fees for an online MBA program is $37,167 a year.

The average GMAT score to enter into The Eli Broad College of Business is 680 while the average GMAT score to for MBA schools in Michigan is 555.67, 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 $119,539.

Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 246%

The average in-state tuition you can expect to pay is about $34,564, and the average GMAT score for acceptance in their program is 680.

After graduating, the school reports that the average graduate salary is $119,539. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 246%

Programs are offered as: 1-Year, Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time and Weekends.

The school is ranked by: Michigan State University's MBA program is accredited by the AACSB and is ranked by the following publications: PQ, US News, Forbes, BW, FT, Economist and MBAGuide

Averages Michigan State University Online Michigan
Tuition $34,564 $37,167 $45,280
Salary $119,539 $79,354 $90,253
ROI 246% 196% 149%
S/F Ratio 21:1 17:1 16:1
 Enrollment 5115 2,654 2,180
GMAT GMAT Required: Yes

Average GMAT Score: 680

561 556

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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      Types of MBAs

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    • West

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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

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