2023 Best MBA Programs in Ohio

Compare MBA Degrees in Ohio for 2023

Key Highlights:

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

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

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

Ohio is known for its diverse economy with significant industries ranging from manufacturing to healthcare, finance, and agriculture. An MBA degree in Ohio can provide students with a broad range of opportunities in these industries.

Manufacturing plays a significant role in Ohio's economy, especially in the automotive sector. MBA students focusing on operations management or supply chain management can find vast opportunities in this industry.

Ohio's healthcare sector is among the largest in the state, with many major hospitals and healthcare companies located in Ohio. MBA students specializing in healthcare management can tap into these opportunities.

The state also has a strong financial sector, particularly in the cities of Cleveland and Cincinnati. An MBA with a focus on finance or financial management would be particularly beneficial for those interested in this industry.

Ohio's agriculture industry, especially its corn and soybean production, offers opportunities for those with an MBA concentration in agribusiness or supply chain management.

Compare MBA Program Averages Across

Ohio, the U.S. and Online

Table of Best Ranked MBA Programs in Ohio

What is the Average Graduate MBA Salary in Ohio?

While the average starting salary for graduates of an in-person MBA program in Ohio is about $85,646, the lowest average MBA starting salary is $67,931 from John Carroll University, and the highest average MBA starting salary is $118,000 from Bowling Green State University.

The average starting salary for graduates of an Online MBA program from an institution in Ohio is between $69,788 from University of Cincinnati and $100,350 from Xavier University. The average starting MBA salary for graduates of online MBA programs within Ohio is $82,284.

Average Graduate Salaries for In-Person MBA Programs

• Average: $85,646 from Ohio's 16 In-Person MBA Programs
• Lowest In-Person: $67,931 from John Carroll University
• Highest In-Person:$118,000 from Bowling Green State University

Average Graduate Salaries for Online MBA Programs

• Average: $82,284 from Ohio's 8 Online MBA Programs
• Lowest Online: $69,788 from University of Cincinnati
• Highest Online: $100,350 from Xavier University

What is the Average Tuition for MBA Programs in Ohio?
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 Ohio will cost about $32,189, the least expensive MBA program is $13,500 from Youngstown State University, and the most expensive is $89,900 from Case Western Reserve University.

An Online MBA program from an institution in Ohio will cost you between $13,500 from Youngstown State University and $34,440 from Ohio Northern University. The average cost of online MBA programs within Ohio is $26,842.

Average Tuition for In-Person MBA Programs

• Average: $32,189 from Ohio's 16 in-person MBA Programs
• Lowest in-person: $13,500 from Youngstown State University
• Highest in-person: $89,900 from Case Western Reserve University

Average Tuition for Online MBA Programs

• Average: $26,842 from Ohio's 8 online MBA Programs
• Lowest online: $13,500 from Youngstown State University
• Highest online: $34,440 from Ohio Northern University

What is the ROI for MBA Programs in Ohio?

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 Ohio is 163%, the lowest ROI is 45% from Case Western Reserve University, and the best ROI is 288% from Bowling Green State University.

The ROI from Online MBA programs in Ohio range between 101% from University of Cincinnati and 280% from Youngstown State University. The average ROI of online MBA programs within Ohio is 174%.

In-Person ROI for MBA Programs

• Average: 163% from Ohio's 16 in-person MBA Programs
• Lowest in-person: 45% from Case Western Reserve University
• Highest in-person: 288% from Bowling Green State University

Online ROI for MBA Programs

• Average: 174% from Ohio's 8 online MBA Programs
• Lowest online: 101% from University of Cincinnati
• Highest online: 280% from Youngstown State University

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

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 Ohio is 573, the lowest average GMAT score is for an MBA program is 500 from Bowling Green State University, and the highest GMAT score needed is 655 from University of Cincinnati.

The average GMAT score needed for an online MBA program from an institution in Ohio is between 510 from Xavier University to 655 from University of Cincinnati. The average GMAT scored for online MBA programs within Ohio is 570.

Average GMAT Score for In-Person MBA Programs

• Average: 573 from Ohio's 16 in-person MBA Programs
• Lowest in-person: 500 from Bowling Green State University
• Highest in-person: 655 from University of Cincinnati

Average GMAT Score for Online MBA Programs

• Average: 570 from Ohio's 8 online MBA Programs
• Lowest online: 510 from Xavier University
• Highest online: 655 from University of Cincinnati

Which MBA Schools Have the Highest Student Enrollment in Ohio?

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 Ohio state's MBA programs, the range for full-time enrollment is between 6 and 470. For part-time enrollment, the range is between 42 and 1,023.

Average Enrollment for Score for In-Person MBA Programs

• Lowest: 6 from The University of Akron
• Highest: 470 from Case Western Reserve University
• Average: 170 from Ohio's 31 MBA Programs.
• Average: 243 from 879 the nation's campus MBA Programs.

Average Enrollment for Score for Online MBA Programs

• Lowest: 6 from The University of Akron
• Highest: 226 from University of Cincinnati
• Average: 108 from Ohio's 8 MBA Programs.
• Average: 201 from 327 nation's online MBA Programs.

What MBA Concentrations Available in Ohio?

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 Ohio businesses, MBA programs here have risen to the challenge by offering you an array of more than 38 MBA concentrations including:

• Accounting: 19
• Finance: 19
• Marketing: 19
• General Business: 14
• Management: 13
• International Business: 13
• Supply Chain: 12
• Data Analytics: 11
• Information Systems: 10
• Economics: 9

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

• Cleveland State University: 25
• The University of Akron: 21
• University of Cincinnati: 19
• University of Dayton: 19
• Kent State University: 14
• University of Toledo: 13
• Ohio Northern University: 13
• Ohio University: 12
• Miami University: 11
• John Carroll University: 11

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 Ohio

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

• Ada
• Akron
• Athens
• Bowling Green
• Cincinnati
• Cleveland
• Columbus
• Dayton
• Kent
• Oxford
• Toledo
• University Heights
• Youngstown

MBA Program Options Available in Ohio

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

Ohio has 31 Accredited MBA programs. 5 private and 11 public schools offering MBA programs.

Ohio has 11 public schools and 5 private schools offering MBA degree programs.

31 Accredited MBA programs.  and 11 public schools offering MBA programs.

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

To meet the diverse needs of Ohio businesses, MBA programs here have risen to the challenge by offering you an array of more than 38 MBA concentrations to specialize in.

Awards for MBA Programs in Ohio

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 31 accredited MBA programs offered in Ohio, 16 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.

Ohio schools have earned a total of 30 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• The Ohio State University: 7
• Case Western Reserve University: 6
• University of Cincinnati: 4
• Youngstown State University: 1
• Xavier University: 1
• Ohio Northern University: 1
• University of Dayton: 1
• The University of Akron: 1
• Cleveland State University: 1
• Kent State University: 1
• Bowling Green State University: 1
• University of Toledo: 1
• Ohio University: 1
• Wright State University: 1
• John Carroll University: 1
• Miami University: 1

Publications and the number of awards granted for Ohio schools:

• MBAGuide: 16
• US News: 3
• BW: 3
• Forbes: 2
• FT: 1
• Economist: 2