2021 Best MBA Programs in New York

Tuition for MBA Programs in New York

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.

An MBA program in New York will cost you between $15,000 to $162,991 each year depending on how you calculate tuition as in-state, out-of-state, or out-of-country. Completing your MBA in New York will cost, on average, for in-state tuition, $42,311

• Lowest: $15,000 from State University of New York at New Paltz
• Highest: $98,980 from Rochester Institute of Technology
• Average: $42,311 from New York's 54 MBA Programs
• Average: $34,774 from 172 Online MBA Programs

GMAT Scores for MBA Programs in New York

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.

To be accepted into an MBA program in New York you will need a minimum GMAT score of 425.00. The average GMAT score for getting into a New York MBA program is 573.94.

• Lowest: 425 from Niagara University
• Highest: 730 from Columbia University
• Average: 574 from New York's 54 MBA Programs
• Average: 553 from 172 Online MBA Programs

Faculty Strength for MBA Programs in New York

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 York ranges from a low of 21 professors to a high or 207.

• Lowest: 21 from St. Bonaventure University
• Highest: 207 from Baruch College-The City University of New York
• Average: 53 from New York's 54 MBA Programs
• Average: 72 from 172 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 York MBA programs range from 65.20% of the faculty having a PhD to a 119.60% of the MBA faculty having a PhD.

• Lowest: 65% from Iona College
• Highest: 120% from New York Institute of Technology
• Average: 85% from New York's 54 MBA Programs
• Average: 84% from 172 Online MBA Programs

Student to Faculty Ratio

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 York the student faculty ratio for MBA programs ranges from the lowest (best) of 3:50 the highest (less desirable) of 1437:100.

• Lowest: 3:50 from Marist College
• Highest: 1437:100 from New York Institute of Technology
• Average: 327:100 from New York's 54 MBA Programs.
• Average: 121:25 from 172 Online MBA Programs.

Student Enrollment for New York 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.

Full- & Part-Time MBA Student Enrollment

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 York state's MBA programs, the range for full-time enrollment is between 10 and 755. For part-time enrollment, the range is between 1 and 1,298.

• Lowest: 10 from State University of New York at Geneseo
• Highest: 755 from Columbia University
• Average: 116 from New York's 54 MBA Programs
• Average: 221 from 172 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 New York the percentage of students from the United States varies from a low of 56% to a high of 91%.

• Lowest: 56% from Binghamton University
• Highest: 91% from University at Albany, State University of New York
• Average: 71% from New York's 54 MBA Programs
• Average: 76% from 0 Online MBA Programs