2024 Best MBA Programs in Missouri

Compare MBA Program Averages Across
Missouri, the U.S. and Online

Averages	Missouri MBA Programs	Online MBA Programs	MBA Programs in the US
Average MBA Tuition	$31,909	$38,875	: $43,475.55
Average GMAT Scores	: 565.62	557	561
Average Full-Time MBA Faculty	55	69	69
Average MBA Student Faculty Ratio	16:1	: 17:1	16:1
Average # of MBA Faculty with Doctorate	83.13%	83.45%	83.95%
Average Full-Time MBA Enrollment	416	279	288
Average Part-Time MBA Enrollment	207	404	354
Average % of MBA Students from U.S.	74%	76%	75%

What Are the Best Ranked MBA Programs in Missouri

Read about our ranking methodology.

What is the Average Graduate MBA Salary in Missouri?

While the average starting salary for graduates of an in-person MBA program in Missouri is about $71,608, the lowest average MBA starting salary is $51,750 from Missouri Western State University, and the highest average MBA starting salary is $117,687 from Washington University in St. Louis.

The average starting salary for graduates of an Online MBA program from an institution in Missouri is between $51,750 from Missouri Western State University and $117,687 from Washington University in St. Louis. The average starting MBA salary for graduates of online MBA programs within Missouri is $72,402.

Average Graduate Salaries for In-Person MBA Programs

• Average: $71,608 from Missouri’s 13 In-Person MBA Programs
• Lowest In-Person: $51,750 from Missouri Western State University
• Highest In-Person:$117,687 from Washington University in St. Louis

Average Graduate Salaries for Online MBA Programs

• Average: $72,402 from Missouri’s 6 Online MBA Programs
• Lowest Online: $51,750 from Missouri Western State University
• Highest Online: $117,687 from Washington University in St. Louis

10 Highest Salaries for MBA Graduates in Missouri

1. Washington University in St. Louis - $117,687.00
2. University of Missouri-St. Louis - $90,489.00
3. University of Missouri - $83,500.00
4. University of Missouri-Kansas City - $76,900.00
5. Saint Louis University - $76,282.00
6. Missouri University of Science and Technology - $72,600.00
7. Rockhurst University - $69,400.00
8. Missouri State University - $62,400.00
9. Drury University - $59,400.00
10. Southeast Missouri State University - $59,400.00

10 Lowest Salaries for MBA Graduates in Missouri

1. Missouri Western State University - $51,750.00
2. University of Central Missouri - $52,900.00
3. Truman State University - $58,200.00
4. Southeast Missouri State University - $59,400.00
5. Drury University - $59,400.00
6. Missouri State University - $62,400.00
7. Rockhurst University - $69,400.00
8. Missouri University of Science and Technology - $72,600.00
9. Saint Louis University - $76,282.00
10. University of Missouri-Kansas City - $76,900.00

What is the Average Tuition for MBA Programs in Missouri?

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 Missouri will cost about $31,909, the least expensive MBA program is $12,893 from Missouri Western State University, and the most expensive is $134,020 from Washington University in St. Louis.

An Online MBA program from an institution in Missouri will cost you between $12,893 from Missouri Western State University and $134,020 from Washington University in St. Louis. The average cost of online MBA programs within Missouri is $33,403.

Average Tuition for In-Person MBA Programs

Average: $31,909 from Missouri’s 13 in-person MBA Programs
Lowest in-person: $12,893 from Missouri Western State University
Highest in-person: $134,020 from Washington University in St. Louis

Average Tuition for Online MBA Programs

Average: $33,403 from Missouri’s 6 online MBA Programs
Lowest online: $12,893 from Missouri Western State University
Highest online: $134,020 from Washington University in St. Louis

Most Affordable MBAs in Missouri

1. Missouri Western State University - $12,893.00
2. Southeast Missouri State University - $13,804.00
3. Truman State University - $14,400.00
4. Missouri State University - $15,108.00
5. Missouri University of Science and Technology - $16,488.00
6. Drury University - $23,760.00
7. Rockhurst University - $24,150.00
8. University of Missouri-St. Louis - $27,000.00
9. Saint Louis University - $37,470.00
10. Washington University in St. Louis - $134,020.00

Most Expensive MBAs in Missouri

1. Washington University in St. Louis - $134,020.00
2. Saint Louis University - $37,470.00
3. University of Missouri-St. Louis - $27,000.00
4. Rockhurst University - $24,150.00
5. Drury University - $23,760.00
6. Missouri University of Science and Technology - $16,488.00
7. Missouri State University - $15,108.00
8. Truman State University - $14,400.00
9. Southeast Missouri State University - $13,804.00
10. Missouri Western State University - $12,893.00

What is the Average ROI for MBA Programs in Missouri?

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 Missouri is 159%, the lowest ROI is 44% from Washington University in St. Louis, and the best ROI is 220% from Missouri University of Science and Technology.

The ROI from Online MBA programs in Missouri range between 125% from Washington University in St. Louis and 215% from Missouri University of Science and Technology. The average ROI of online MBA programs within Missouri is 187%.

In-Person ROI for MBA Programs

• Average: 159% from Missouri’s 13 in-person MBA Programs
• Lowest in-person: 44% from Washington University in St. Louis
• Highest in-person: 220% from Missouri University of Science and Technology

Online ROI for MBA Programs

• Average: 187% from Missouri’s 6 online MBA Programs
• Lowest online: 125% from Washington University in St. Louis
• Highest online: 215% from Missouri University of Science and Technology

Highest ROI for MBA Programs in Missouri

1. Missouri University of Science and Technology - 220.16%
2. Southeast Missouri State University - 215.16%
3. Missouri State University - 206.51%
4. Truman State University - 202.08%
5. Missouri Western State University - 200.69%
6. University of Missouri-St. Louis - 167.57%
7. Rockhurst University - 143.69%
8. University of Missouri - 125.86%
9. Drury University - 125.00%
10. Saint Louis University - 101.79%

Lowest ROI for MBA Programs in Missouri

1. Washington University in St. Louis - 43.91%
2. Saint Louis University - 101.79%
3. Drury University - 125.00%
4. University of Missouri - 125.86%
5. Rockhurst University - 143.69%
6. University of Missouri-St. Louis - 167.57%
7. Missouri Western State University - 200.69%
8. Truman State University - 202.08%
9. Missouri State University - 206.51%
10. Southeast Missouri State University - 215.16%

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

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 Missouri is 566, the lowest average GMAT score is for an MBA program is 473 from University of Central Missouri, and the highest GMAT score needed is 670 from Washington University in St. Louis.

The average GMAT score needed for an online MBA program from an institution in Missouri is between 473 from University of Central Missouri to 670 from Washington University in St. Louis. The average GMAT scored for online MBA programs within Missouri is 563.

Average GMAT Score for In-Person MBA Programs

• Average: 566 from Missouri’s 13 in-person MBA Programs
• Lowest in-person: 473 from University of Central Missouri
• Highest in-person: 670 from Washington University in St. Louis

Average GMAT Score for Online MBA Programs

• Average: 563 from Missouri’s 6 online MBA Programs
• Lowest online: 473 from University of Central Missouri
• Highest online: 670 from Washington University in St. Louis

10 Lowest GMAT Scores in Missouri

1. University of Central Missouri - 473
2. Drury University - 509
3. Southeast Missouri State University - 515
4. University of Missouri-St. Louis - 515
5. Rockhurst University - 520
6. Missouri Western State University - 552
7. Saint Louis University - 568
8. Truman State University - 588
9. University of Missouri-Kansas City - 590
10. Missouri University of Science and Technology - 590

10 Highest GMAT Scores in Missouri

1. Washington University in St. Louis - 670
2. Missouri State University - 643
3. University of Missouri - 620
4. Missouri University of Science and Technology - 590
5. University of Missouri-Kansas City - 590
6. Truman State University - 588
7. Saint Louis University - 568
8. Missouri Western State University - 552
9. Rockhurst University - 520
10. University of Missouri-St. Louis - 515

No GMAT or GRE – Best MBA Programs in Missouri

MBA Schools with the Most Alumni Missouri?

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 Missouri state’s MBA programs, the range for full-time enrollment is between 26 and 1,996. For part-time enrollment, the range is between : 28.00 and : 398.00.

Average Enrollment for In-Person MBA Programs

• Lowest: 26 from Missouri Western State University
• Highest: 1,996 from Washington University in St. Louis
• Average: 416 from Missouri’s 23 MBA Programs.
• Average: 291 from 875 the nation’s campus MBA Programs.

Average Enrollment for Online MBA Programs

• Lowest: 26 from Missouri Western State University
• Highest: 187 from University of Missouri-Kansas City
• Average: 107 from Missouri’s 6 MBA Programs.
• Average: 279 from 327 nation’s online MBA Programs.

Schools with the Lowest Student Enrollment in Missouri

1. Washington University in St. Louis - 1,996
2. University of Missouri-Kansas City - 187
3. Saint Louis University - 154
4. Missouri University of Science and Technology - 81
5. Rockhurst University - 52
6. Missouri Western State University - 26

MBA Programs with the Highest Student Enrollment in Missouri

1. Missouri Western State University - 26
2. Rockhurst University - 52
3. Missouri University of Science and Technology - 81
4. Saint Louis University - 154
5. University of Missouri-Kansas City - 187
6. Washington University in St. Louis - 1,996

What MBA Concentrations Available in Missouri?

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 Missouri businesses, MBA programs here have risen to the challenge by offering you an array of more than 39 MBA concentrations including:

• Accounting: 19
• Finance: 18
• Marketing: 16
• Supply Chain: 14
• Management: 13
• International Business: 12
• Information Systems: 12
• General Business: 12
• Entrepreneurship: 11
• Leadership: 11

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

• Truman State University: 23
• Rockhurst University: 22
• Washington University in St. Louis: 21
• University of Missouri-Kansas City: 21
• University of Missouri: 20
• Missouri State University: 19
• Southeast Missouri State University: 18
• Saint Louis University: 14
• University of Missouri-St. Louis: 13
• Missouri Western State University: 12

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 Missouri

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

• Cape Girardeau
• Columbia
• Kansas City
• Kirksville
• Rolla
• Springfield
• St. Joseph
• St. Louis
• Warrensburg

.

MBA Program Options Available in Missouri

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

Missouri has 23 Accredited MBA programs. 0 private and 9 public schools offering MBA programs.

Missouri has 9 public schools and 0 private schools offering MBA degree programs.

23 Accredited MBA programs.  and 9 public schools offering MBA programs.

Missouri schools offer 9 different paths to earn your MBA in Missouri including Campus, Full-Time, Evenings, Online, Part-Time, Weekends, Distance Education, Off Campus and Partnership.

To meet the diverse needs of Missouri businesses, MBA programs here have risen to the challenge by offering you an array of more than 39 MBA concentrations to specialize in.

Awards for MBA Programs in Missouri

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 23 accredited MBA programs offered in Missouri, 13 of them have been recognized by at least one distinguished publication (PQ, US News, Forbes, BW, MBAGuide, FT and Economist) garnering an award as one of the best MBA programs in the country.

Missouri schools have earned a total of 23 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• Washington University in St. Louis: 7
• University of Missouri: 5
• University of Missouri-Kansas City: 1
• Truman State University: 1
• Rockhurst University: 1
• University of Missouri-St. Louis: 1
• Missouri Western State University: 1
• Missouri State University: 1
• Drury University: 1
• University of Central Missouri: 1
• Southeast Missouri State University: 1
• Missouri University of Science and Technology: 1
• Saint Louis University: 1

Publications and the number of awards granted for Missouri schools:

• US News: 2
• Forbes: 2
• BW: 2
• MBAGuide: 13
• FT: 1
• Economist: 1

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 Missouri | Online MBA Programs in Missouri 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