2023 Best MBA Programs in New York

Compare MBA Degrees in New York for 2023

Key Highlights:

• • Comprehensive comparisons and data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in New York.

• • Detailed profiles of both online and on-campus MBA programs in New York, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.

• • Insights into New York's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.

New York is a global hub of commerce, finance, media, art, fashion, research, technology, education, and entertainment. This bustling state, and particularly New York City, offers a wealth of opportunities for MBA students with its diverse array of industries.

Finance is undeniably one of the largest industries in New York, especially within the city, often called the world's financial capital. An MBA with a concentration in Finance prepares students for high-level positions within this sector, offering opportunities at global banks, hedge funds, and private equity firms.

The media and entertainment industry is also significant in New York, making it an excellent location for MBA students specializing in Media Management or Marketing. This sector provides numerous opportunities, from managing large media conglomerates to marketing roles within these companies.

The tech industry in New York is thriving and offers a wealth of opportunities for MBA graduates specializing in Information Systems or Tech Entrepreneurship. The city is home to "Silicon Alley," a high-tech hub with hundreds of start-up companies.

Retail and fashion are also significant sectors, especially in New York City. MBA students with a focus on Retail and Luxury Goods Management will find plentiful opportunities within this sector, with the city home to many major fashion houses and retail companies.

Compare MBA Program Averages Across

New York, the U.S. and Online

Table of Best Ranked MBA Programs in New York

What is the Average Graduate MBA Salary in New York?

While the average starting salary for graduates of an in-person MBA program in New York is about $82,866, the lowest average MBA starting salary is $48,830 from Mount Saint Mary College, and the highest average MBA starting salary is $143,750 from Cornell University.

The average starting salary for graduates of an Online MBA program from an institution in New York is between $58,250 from Iona College and $108,053 from New York University. The average starting MBA salary for graduates of online MBA programs within New York is $77,110.

Average Graduate Salaries for In-Person MBA Programs

• Average: $82,866 from New York's 41 In-Person MBA Programs
• Lowest In-Person: $48,830 from Mount Saint Mary College
• Highest In-Person:$143,750 from Cornell University

Average Graduate Salaries for Online MBA Programs

• Average: $77,110 from New York's 17 Online MBA Programs
• Lowest Online: $58,250 from Iona College
• Highest Online: $108,053 from New York University

What is the Average 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.

While the average in-person MBA program in New York will cost about $53,496, the least expensive MBA program is $15,000 from University at Albany, State University of New York, and the most expensive is $170,330 from Columbia University.

An Online MBA program from an institution in New York will cost you between $23,544 from State University of New York College at Brockport and $162,991 from New York University. The average cost of online MBA programs within New York is $56,979.

Average Tuition for In-Person MBA Programs

• Average: $55,078 from New York's 41 in-person MBA Programs
• Lowest in-person: $15,000 from University at Albany, State University of New York
• Highest in-person: $170,330 from Columbia University

Average Tuition for Online MBA Programs

• Average: $56,979 from New York's 17 online MBA Programs
• Lowest online: $23,544 from State University of New York College at Brockport
• Highest online: $162,991 from New York University

What is the ROI for MBA Programs in New York?

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 New York is 87%, the lowest ROI is 33% from New York University, and the best ROI is 214% from State University of New York at Oswego.

The ROI from Online MBA programs in New York range between 33% from New York University and 214% from State University of New York at Oswego. The average ROI of online MBA programs within New York is 80%.

In-Person ROI for MBA Programs

• Average: 87% from New York's 41 in-person MBA Programs
• Lowest in-person: 33% from New York University
• Highest in-person: 214% from State University of New York at Oswego

Online ROI for MBA Programs

• Average: 80% from New York's 17 online MBA Programs
• Lowest online: 33% from New York University
• Highest online: 214% from State University of New York at Oswego

What is the Average GMAT Score Needed for an MBA Program 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.

While the average GMAT score needed for in-person MBA program in New York is 556, the lowest average GMAT score is for an MBA program is 420 from Iona College, and the highest GMAT score needed is 720 from Columbia University.

The average GMAT score needed for an online MBA program from an institution in New York is between 420 from Iona College to 710 from New York University. The average GMAT scored for online MBA programs within New York is 542.

Average GMAT Score for In-Person MBA Programs

• Average: 554 from New York's 41 in-person MBA Programs
• Lowest in-person: 420 from Iona College
• Highest in-person: 720 from Columbia University

Average GMAT Score for Online MBA Programs

• Average: 542 from New York's 17 online MBA Programs
• Lowest online: 420 from Iona College
• Highest online: 710 from New York University

Which MBA Schools Have the Highest Student Enrollment in New York?

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 York state's MBA programs, the range for full-time enrollment is between 10 and 2,070. For part-time enrollment, the range is between 1 and 1,298.

Average Enrollment for Score for In-Person MBA Programs

• Lowest: 10 from State University of New York at Geneseo
• Highest: 2,070 from Columbia University
• Average: 332 from New York's 55 MBA Programs.
• Average: 243 from 879 the nation's campus MBA Programs.

Average Enrollment for Score for Online MBA Programs

• Lowest: 14 from State University of New York College at Brockport
• Highest: 668 from New York University
• Average: 160 from New York's 17 MBA Programs.
• Average: 201 from 327 nation's online MBA Programs.

What MBA Concentrations Available in New York?

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 York businesses, MBA programs here have risen to the challenge by offering you an array of more than 53 MBA concentrations including:

• Accounting: 41
• Finance: 40
• Marketing: 36
• Management: 35
• Information Systems: 34
• General Business: 33
• International Business: 29
• Supply Chain: 26
• Economics: 26
• Entrepreneurship: 26

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

• Rensselaer Polytechnic Institute: 29
• Marist College: 25
• St. Bonaventure University: 24
• Niagara University: 24
• Yeshiva University: 23
• University at Albany, State University of New York: 23
• State University of New York College at Oneonta: 23
• Pace University: 23
• State University of New York College at Plattsburgh: 21
• Canisius College: 21

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 New York

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

• Albany
• Alfred
• Binghamton
• Brockport
• Brookville
• Buffalo
• Garden City
• Geneseo
• Hempstead
• Ithaca
• Loudonville
• New Paltz
• New Rochelle
• New York
• Niagara University
• Old Westbury
• Oneonta
• Oswego
• Plattsburgh
• Potsdam
• Poughkeepsie
• Queens
• Riverdale
• Rochester
• St. Bonaventure
• Syracuse
• Troy
• Utica

MBA Program Options Available in New York

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

New York has 55 Accredited MBA programs. 28 private and 13 public schools offering MBA programs.

New York has 13 public schools and 28 private schools offering MBA degree programs.

55 Accredited MBA programs.  and 13 public schools offering MBA programs.

New York schools offer 9 different paths to earn your MBA in New York including Online, Campus, Full-Time, 1-Year, Distance Education, Evenings and Weekends, Off Campus, Part-Time and Partnership.

To meet the diverse needs of New York businesses, MBA programs here have risen to the challenge by offering you an array of more than 53 MBA concentrations to specialize in.

Awards for MBA Programs in New York

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 55 accredited MBA programs offered in New York, 37 of them have been recognized by at least one distinguished publication (MBAGuide, PQ, US News, BW, Forbes, FT and Economist) garnering an award as one of the best MBA programs in the country.

New York schools have earned a total of 83 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• Columbia University: 7
• University of Rochester: 7
• New York University: 7
• Cornell University: 7
• Fordham University: 6
• University at Buffalo, State University of New York: 5
• Rochester Institute of Technology: 4
• Syracuse University: 4
• Baruch College-The City University of New York: 4
• Binghamton University: 3
• University at Albany, State University of New York: 3
• St. Bonaventure University: 1
• Yeshiva University: 1
• Le Moyne College: 1
• State University of New York College at Brockport: 1
• St. John’s University: 1
• Manhattan College: 1
• Hofstra University: 1
• State University of New York College at Plattsburgh: 1
• Pace University: 1
• State University of New York at Geneseo: 1
• Niagara University: 1
• Alfred University: 1
• State University of New York College at Oneonta: 1
• Long Island University-Post Campus: 1
• Canisius College: 1
• State University of New York at New Paltz: 1
• Ithaca College: 1
• Rensselaer Polytechnic Institute: 1
• Iona College: 1
• Adelphi University: 1
• State University of New York at Oswego: 1
• Marist College: 1
• St. John Fisher College: 1
• Siena College: 1
• New York Institute of Technology: 1
• Clarkson University: 1

Publications and the number of awards granted for New York schools:

• MBAGuide: 37
• US News: 11
• BW: 8
• Forbes: 7
• FT: 4
• Economist: 5