Research the best MBA programs in New Jersey 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 New Jersey businesses, MBA programs here have risen to the challenge by offering you an array of more than 37 MBA concentrations to specialize in.
Options for earning your MBA in New Jersey have never been more flexible. New Jersey 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 New Jersey including Online, Campus, Full-Time, 1-Year, Distance Education, Evenings and Weekends, Off Campus, Part-Time and Partnership.
New Jersey has 22 Accredited MBA programs. There are 4 private and 9 public schools offering MBA programs.
Online Business Programs Liked by New Jersey MBA Graduates
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Research additional school detail on the school summary pages, in the tables and charts below and throughout the site.
MBA Program Comparisons: New Jersey vs Online vs U.S.
Compare MBA Programs Averages | New Jersey MBA Programs | Online MBA Programs | MBA Programs in the US |
---|---|---|---|
Average MBA Tuition | $40,501 | $28,263 | $32,512 |
Average GMAT Scores | 526 | 530 | 543 |
Average Full-Time MBA Faculty | 58 | 65 | 63 |
Average MBA Student Faculty Ratio | 207:100 | 249:100 | 129:50 |
Average # of MBA Faculty with Doctorate | 89.24% | 83.44% | 83.98% |
Average Full-Time MBA Enrollment | 112 | 145 | 184 |
Average Part-Time MBA Enrollment | 396 | 360 | 300 |
Average % of MBA Students from U.S. | 89% | 76% | 75% |
Rankings for MBA Programs in New Jersey
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 22 accredited MBA programs offered in New Jersey, 14 of them have been recognized by at least one distinguished publication (MBAGuide, PQ, US News, Forbes, BW and FT) garnering an award as one of the best MBA programs in the country.
New Jersey schools have earned a total of 21 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:
Publications and the number of awards granted for New Jersey schools:
Salaries for MBA Graduates in New Jersey
While the average starting salary for graduates of an in-person MBA program in New Jersey is about $88,288, the lowest average MBA starting salary is $70,000 from Fairleigh Dickinson University, and the highest average MBA starting salary is $106,000 from Stevens Institute of Technology.
The average starting salary for graduates of an Online MBA program from an institution in New Jersey is between $70,000 from Fairleigh Dickinson University and $106,000 from Stevens Institute of Technology. The average starting MBA salary for graduates of online MBA programs within New Jersey is $88,265.
In-Person
- Average: $88,288 from New Jersey's 15 In-Person MBA Programs
- Lowest In-Person: $70,000 from Fairleigh Dickinson University
- Highest In-Person:$106,000 from Stevens Institute of Technology
Online
- Average: $88,265 from New Jersey's 12 Online MBA Programs
- Lowest Online: $70,000 from Fairleigh Dickinson University
- Highest Online: $106,000 from Stevens Institute of Technology
10 Highest Salaries for MBA Graduates in New Jersey
- Stevens Institute of Technology - $106,000.00
- Rutgers-The State University of New Jersey-Newark/New Brunswick - $105,013.00
- New Jersey Institute of Technology - $97,072.00
- The College of New Jersey - $95,958.00
- Montclair State University - $95,000.00
- William Paterson University - $94,400.00
- Seton Hall University - $92,829.00
- Monmouth University - $84,000.00
- Rider University - $82,544.00
- Stockton University - $77,400.00
10 Lowest Salaries for MBA Graduates in New Jersey
- Fairleigh Dickinson University - $70,000.00
- Rutgers-The State University of New Jersey-Camden - $73,031.00
- Ramapo College of New Jersey - $74,497.00
- Stockton University - $77,400.00
- Rider University - $82,544.00
- Monmouth University - $84,000.00
- Seton Hall University - $92,829.00
- William Paterson University - $94,400.00
- Montclair State University - $95,000.00
- The College of New Jersey - $95,958.00
Tuition for MBA Programs in New Jersey
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 New Jersey will cost about $40,501, the least expensive MBA program is $21,033 from Montclair State University, and the most expensive is $96,192 from Rutgers-The State University of New Jersey-Newark/New Brunswick.
An Online MBA program from an institution in New Jersey will cost you between $21,033 from Montclair State University and $96,192 from Rutgers-The State University of New Jersey-Newark/New Brunswick. The average cost of online MBA programs within New Jersey is $39,182.
In-Person
- Average: $40,501 from New Jersey's 15 in-person MBA Programs
- Lowest in-person: $21,033 from Montclair State University
- Highest in-person: $96,192 from Rutgers-The State University of New Jersey-Newark/New Brunswick
Online
- Average: $39,182 from New Jersey's 12 online MBA Programs
- Lowest online: $21,033 from Montclair State University
- Highest online: $96,192 from Rutgers-The State University of New Jersey-Newark/New Brunswick
10 Most Expensive MBAs in New Jersey
- Rutgers-The State University of New Jersey-Newark/New Brunswick - $96,192.00
- Seton Hall University - $53,510.00
- Rutgers-The State University of New Jersey-Camden - $52,596.00
- New Jersey Institute of Technology - $47,656.00
- Monmouth University - $40,680.00
- Rider University - $37,320.00
- Stevens Institute of Technology - $36,680.00
- Stockton University - $29,862.00
- Ramapo College of New Jersey - $24,694.00
- Rowan University - $23,408.00
10 Least Expensive MBAs in New Jersey
- Montclair State University - $21,033.00
- William Paterson University - $22,380.00
- Rowan University - $23,408.00
- Ramapo College of New Jersey - $24,694.00
- Stockton University - $29,862.00
- Stevens Institute of Technology - $36,680.00
- Rider University - $37,320.00
- Monmouth University - $40,680.00
- New Jersey Institute of Technology - $47,656.00
- Rutgers-The State University of New Jersey-Camden - $52,596.00
GMAT Scores Needed for MBA Programs in New Jersey
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 New Jersey is 526, the lowest average GMAT score is for an MBA program is 400 from Stockton University, and the highest GMAT score needed is 683 from Rutgers-The State University of New Jersey-Newark/New Brunswick.
The average GMAT score needed for an online MBA program from an institution in New Jersey is between 400 from Stockton University to 683 from Rutgers-The State University of New Jersey-Newark/New Brunswick. The average GMAT scored for online MBA programs within New Jersey is 532.
In-Person
- Average: 526 from New Jersey's 15 in-person MBA Programs
- Lowest in-person: 400 from Stockton University
- Highest in-person: 683 from Rutgers-The State University of New Jersey-Newark/New Brunswick
Online
- Average: 532 from New Jersey's 12 online MBA Programs
- Lowest online: 400 from Stockton University
- Highest online: 683 from Rutgers-The State University of New Jersey-Newark/New Brunswick
10 Highest GMAT Scores in New Jersey
- Rutgers-The State University of New Jersey-Newark/New Brunswick - 683
- The College of New Jersey - 590
- New Jersey Institute of Technology - 590
- Stevens Institute of Technology - 570
- Rutgers-The State University of New Jersey-Camden - 550
- Fairleigh Dickinson University - 525
- Seton Hall University - 514
- Rider University - 513
- William Paterson University - 501
- Ramapo College of New Jersey - 500
10 Lowest GMAT Scores in New Jersey
- Stockton University - 400
- Rowan University - 462
- Monmouth University - 475
- Montclair State University - 495
- Ramapo College of New Jersey - 500
- William Paterson University - 501
- Rider University - 513
- Seton Hall University - 514
- Fairleigh Dickinson University - 525
- Rutgers-The State University of New Jersey-Camden - 550
Student Enrollment for New Jersey 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 New Jersey state's MBA programs, the range for full-time enrollment is between 26 and 617. For part-time enrollment, the range is between 58 and 1,643.
In Person
- Lowest: 26 from Rider University
- Highest: 617 from Stevens Institute of Technology
- Average: 112 from New Jersey's 22 MBA Programs.
- Average: 186 from 876 the nation's campus MBA Programs.
Online
- Lowest: 26 from Rider University
- Highest: 617 from Stevens Institute of Technology
- Average: 118 from New Jersey's 12 MBA Programs.
- Average: 145 from 324 nation's online MBA Programs.
10 Schools with the Highest Student Enrollment in New Jersey
- Stevens Institute of Technology - 617
- Seton Hall University - 138
- Rutgers-The State University of New Jersey-Camden - 106
- Rutgers-The State University of New Jersey-Newark/New Brunswick - 95
- William Paterson University - 84
- Fairleigh Dickinson University - 79
- Ramapo College of New Jersey - 70
- Rowan University - 48
- New Jersey Institute of Technology - 28
- Monmouth University - 28
10 Schools with the Lowest Student Enrollment in New Jersey
- Rider University - 26
- Montclair State University - 27
- New Jersey Institute of Technology - 28
- Monmouth University - 28
- Rowan University - 48
- Ramapo College of New Jersey - 70
- Fairleigh Dickinson University - 79
- William Paterson University - 84
- Rutgers-The State University of New Jersey-Newark/New Brunswick - 95
- Rutgers-The State University of New Jersey-Camden - 106
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 New Jersey the percentage of students from the United States varies from a low of 89% to a high of 89%.
For online programs in New Jersey the percentage of students from the United States varies from a low of 89% to a high of 89%.
In Person
- Lowest: 89% from Rider University
- Highest: 89% from Rider University
- Average: 89% from New Jersey's 15 in-person MBA Programs.
- Average: 75% from 590 nation's in-person MBA Programs.
Online
- Lowest: 89% from Rider University
- Highest: 89% from Rider University
- Average: 89% from New Jersey's 12 online MBA Programs.
- Average: 76% from 324 nation's online MBA Programs.
MBA Concentrations Available from MBA Programs in New Jersey
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 New Jersey businesses, MBA programs here have risen to the challenge by offering you an array of more than 37 MBA concentrations including:
- Marketing: 19
- Finance: 18
- Accounting: 17
- Management: 15
- General Business: 14
- International Business: 14
- Entrepreneurship: 13
- Information Systems: 12
- Data Analytics: 12
- Economics: 9
Here are the top schools offering the widest variety of concentrations to choose from:
- Stevens Institute of Technology: 22
- Rutgers-The State University of New Jersey-Newark/New Brunswick: 21
- Rider University: 19
- The College of New Jersey: 17
- Seton Hall University: 16
- New Jersey Institute of Technology: 16
- Montclair State University: 13
- William Paterson University: 13
- Rutgers-The State University of New Jersey-Camden: 13
- Fairleigh Dickinson University: 12
Student / Faculty Ratio for MBA Programs in New Jersey
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 New Jersey the student faculty ratio for MBA programs ranges from the lowest (best) of 39:100 the highest (less desirable) of 343:50. For online MBA programs thee student faculty ratio for MBA programs ranges from the lowest (best) of 39:100 the highest (less desirable) of 343:50.
In Person
- Lowest: 39:100 from Stockton University
- Highest: 343:50 from Stevens Institute of Technology
- Average: 207:100 from New Jersey's 15 MBA Programs.
- Average: 129:50 from 590 the nation's campus MBA Programs.
Online
- Lowest: 39:100 from Stockton University
- Highest: 343:50 from Stevens Institute of Technology
- Average: 109:50 from New Jersey's 12 MBA Programs.
- Average: 249:100 from 324 nation's online MBA Programs.
10 Programs with the Highest Student Faculty Ratio
- Stevens Institute of Technology - 343:50
- New Jersey Institute of Technology - 257:100
- Rutgers-The State University of New Jersey-Newark/New Brunswick - 21:10
- Rutgers-The State University of New Jersey-Camden - 21:10
- William Paterson University - 99:50
- Seton Hall University - 173:100
- Monmouth University - 149:100
- Rider University - 97:100
- Rowan University - 27:50
- Stockton University - 39:100
10 Programs with the Lowest Student Faculty Ratio
- Stockton University - 39:100
- Rowan University - 27:50
- Rider University - 97:100
- Monmouth University - 149:100
- Seton Hall University - 173:100
- William Paterson University - 99:50
- Rutgers-The State University of New Jersey-Newark/New Brunswick - 21:10
- Rutgers-The State University of New Jersey-Camden - 21:10
- New Jersey Institute of Technology - 257:100
- Stevens Institute of Technology - 343:50
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 New Jersey ranges from a low of 26 professors to a high or 199.
- Lowest: 26 from New Jersey Institute of Technology
- Highest: 199 from Rutgers-The State University of New Jersey-Newark/New Brunswick
- Average: 58 from New Jersey's 22 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 New Jersey MBA programs range from 76.90% of the faculty having a PhD to a 100.00% of the MBA faculty having a PhD.
- Lowest: 77% from Rutgers-The State University of New Jersey-Newark/New Brunswick
- Highest: 100% from The College of New Jersey
- Average: 89% from New Jersey's 22 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 New Jersey with Accredited MBA Programs
Looking for a particular city in New Jersey with an accredited MBA program? Research and compare MBA programs from other cities in New Jersey. Find online programs, programs by concentration, by average GMAT score and more. The following is a list of cities in New Jersey with accredited MBA programs: Camden, Ewing, Galloway, Glassboro, Hoboken, Lawrenceville, Mahwah, Montclair, Newark, South Orange, Teaneck, Wayne and West Long Branch.
Table of Best Ranked MBA Programs in New Jersey
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