2023 Best MBA Programs in Rhode Island

Compare MBA Degrees in Rhode Island for 2023

Key Highlights:

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

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

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

Rhode Island may be the smallest state in the U.S., but it has a robust economy with thriving industries that offer excellent opportunities for MBA graduates. Key economic sectors include healthcare, manufacturing, finance, tourism, and education. These industries are particularly relevant for MBA students as they often seek roles in management, operations, marketing, and strategic planning.

The healthcare sector is significant in Rhode Island. An MBA with a focus on Healthcare Management can lead to lucrative roles within this industry. Manufacturing is another strong industry in the state. An MBA with a specialization in Operations or Supply Chain Management could lead to managerial positions within this sector.

Finance is another key sector where MBAs can find numerous opportunities. A concentration in Finance or Accounting would be beneficial here. With its beautiful coastlines and rich history, tourism is a vital part of Rhode Island's economy. An MBA concentration in Marketing or Hospitality Management could be useful for roles within this industry.

Lastly, education plays a crucial role in the state's economy. Those with an MBA focusing on Educational Leadership may find rewarding opportunities within this sector.

Top companies that hire MBA graduates include:

• • CVS Health: As one of the largest retail pharmacy chains in the U.S., CVS Health offers diverse opportunities for MBAs interested in healthcare management.

• • Textron Inc: This multi-industry company offers exciting roles for MBAs across various business functions including finance and operations.

• • Citizens Financial Group: As one of the oldest and largest financial institutions based in Rhode Island, it provides numerous opportunities for MBAs specializing in finance or accounting.

• • Hasbro Inc: Known worldwide for its toys and games, Hasbro offers exciting opportunities for MBAs interested in marketing and brand management roles.

• • Brown University: One of the most prestigious universities globally provides ample opportunities for those focused on Educational Leadership or administration.

Compare MBA Program Averages Across

Rhode Island, the U.S. and Online

Table of Best Ranked MBA Programs in Rhode Island

What is the Average Graduate MBA Salary in Rhode Island?

While the average starting salary for graduates of an in-person MBA program in Rhode Island is about $94,016, the lowest average MBA starting salary is $75,000 from Roger Williams University, and the highest average MBA starting salary is $112,444 from Brown University.

The average starting salary for graduates of an Online MBA program from an institution in Rhode Island is between $112,444 from Brown University and $112,444 from Brown University. The average starting MBA salary for graduates of online MBA programs within Rhode Island is $112,444.

Average Graduate Salaries for In-Person MBA Programs

• Average: $94,016 from Rhode Island's 5 In-Person MBA Programs
• Lowest In-Person: $75,000 from Roger Williams University
• Highest In-Person:$112,444 from Brown University

Average Graduate Salaries for Online MBA Programs

• Average: $112,444 from Rhode Island's 1 Online MBA Programs
• Lowest Online: $112,444 from Brown University
• Highest Online: $112,444 from Brown University

What is the Average Tuition for MBA Programs in Rhode Island?
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 Rhode Island will cost about $35,945, the least expensive MBA program is $20,666 from The University of Rhode Island, and the most expensive is $46,220 from Bryant University.

An Online MBA program from an institution in Rhode Island will cost you between N/A from Brown University and N/A from Brown University. The average cost of online MBA programs within Rhode Island is N/A.

Average Tuition for In-Person MBA Programs

• Average: $35,945 from Rhode Island's 5 in-person MBA Programs
• Lowest in-person: $20,666 from The University of Rhode Island
• Highest in-person: $46,220 from Bryant University

Average Tuition for Online MBA Programs

• Average: N/A from Rhode Island's 1 online MBA Programs
• Lowest online: N/A from Brown University
• Highest online: N/A from Brown University

What is the ROI for MBA Programs in Rhode Island?

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 Rhode Island is 148%, the lowest ROI is 92% from Roger Williams University, and the best ROI is 234% from The University of Rhode Island.

The ROI from Online MBA programs in Rhode Island range between N/A from Brown University and N/A from Brown University. The average ROI of online MBA programs within Rhode Island is N/A.

In-Person ROI for MBA Programs

• Average: 148% from Rhode Island's 5 in-person MBA Programs
• Lowest in-person: 92% from Roger Williams University
• Highest in-person: 234% from The University of Rhode Island

Online ROI for MBA Programs

• Average: N/A from Rhode Island's 1 online MBA Programs
• Lowest online: N/A from Brown University
• Highest online: N/A from Brown University

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

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 Rhode Island is 559, the lowest average GMAT score is for an MBA program is 500 from Roger Williams University, and the highest GMAT score needed is 722 from Brown University.

The average GMAT score needed for an online MBA program from an institution in Rhode Island is between 722 from Brown University to 722 from Brown University. The average GMAT scored for online MBA programs within Rhode Island is 722.

Average GMAT Score for In-Person MBA Programs

• Average: 559 from Rhode Island's 5 in-person MBA Programs
• Lowest in-person: 500 from Roger Williams University
• Highest in-person: 722 from Brown University

Average GMAT Score for Online MBA Programs

• Average: 722 from Rhode Island's 1 online MBA Programs
• Lowest online: 722 from Brown University
• Highest online: 722 from Brown University

Which MBA Schools Have the Highest Student Enrollment in Rhode Island?

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 Rhode Island state's MBA programs, the range for full-time enrollment is between 28 and 107. For part-time enrollment, the range is between 73 and 191.

Average Enrollment for Score for In-Person MBA Programs

• Lowest: 28 from Roger Williams University
• Highest: 107 from The University of Rhode Island
• Average: 86 from Rhode Island's 7 MBA Programs.
• Average: 243 from 879 the nation's campus MBA Programs.

Average Enrollment for Score for Online MBA Programs

• Lowest: N/A from N/A
• Highest: N/A from N/A
• Average: N/A from Rhode Island's 1 MBA Programs.
• Average: 201 from 327 nation's online MBA Programs.

What MBA Concentrations Available in Rhode Island?

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 Rhode Island businesses, MBA programs here have risen to the challenge by offering you an array of more than 25 MBA concentrations including:

• Accounting: 5
• Finance: 5
• International Business: 5
• Management: 4
• General Business: 4
• Marketing: 4
• Entrepreneurship: 3
• Information Systems: 3
• Data Analytics: 2
• Economics: 2

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

• Bryant University: 16
• Roger Williams University: 11
• Providence College: 11
• The University of Rhode Island: 8
• Brown University: 4
• Johnson & Wales University: 3
• Salve Regina University: 1

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 Rhode Island

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

• Bristol
• Kingston
• Providence
• Smithfield

MBA Program Options Available in Rhode Island

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

Rhode Island has 7 Accredited MBA programs. 3 private and 1 public schools offering MBA programs.

Rhode Island has 1 public schools and 3 private schools offering MBA degree programs.

7 Accredited MBA programs.  and 1 public schools offering MBA programs.

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

To meet the diverse needs of Rhode Island businesses, MBA programs here have risen to the challenge by offering you an array of more than 25 MBA concentrations to specialize in.

Awards for MBA Programs in Rhode Island

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 7 accredited MBA programs offered in Rhode Island, 4 of them have been recognized by at least one distinguished publication (MBAGuide) garnering an award as one of the best MBA programs in the country.

Rhode Island schools have earned a total of 4 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• Roger Williams University: 1
• The University of Rhode Island: 1
• Providence College: 1
• Bryant University: 1

Publications and the number of awards granted for Rhode Island schools:

• MBAGuide: 4