Baylor University Hankamer School of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements
$85,692
Average Tuition
$79,176
Average Starting Salary*
624
Average GMAT Scores
4,508
Average Student Enrollment
Baylor University
Hankamer School of Business
- 425 Speight, Waco, TX - 76798
Business School
Institution Control: Private- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
- Full-Time Faculty: 163
Business Programs
Business Degrees & Concentrations: Accounting, Corporate Finance, Cybersecurity, Data Analytics, Economics, Entrepreneurship, Finance, General Business, Global Management, Healthcare Administration, Human Resources, Information Systems, Insurance, International Business, Leadership, Management, Marketing, Supply Chain and Taxation- Offered As: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership and Weekends
Undergraduate School of Business
Undergrad Degrees Conferred: 725- In-State Tuition: $49,246
MBA Program Ranking(s)
Ranked by: PQ, US News, BW and MBAGuideMBA Tuition & Fees
In-State Tuition: $85,692Enrollment
Full-time, All: 4,508Average GMAT Score
Average GMAT MBA: 624Student / Faculty Ratio
Institution: 13:1Average Starting Salary
Graduate Salary*: $79,176Award Levels
Award Levels Offered: Doctoral, E-MBA, Master, MBA and UndergraduateSocial Links
Facebook, Linkedin and TwitterGMAT Requirements
GMAT Required* (yes, no, optional, recommended): OptionalMBAGuide Rankings
Program Rankings:
Compare Baylor University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Baylor University measures up against Texas, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
| Averages | Baylor University | Online | Texas |
|---|---|---|---|
| Tuition | $85,692 | $37,225 | $35,106 |
| Salary | $79,176 | $79,354 | $82,657 |
| ROI | -8% | 196% | 261% |
| S/F Ratio | 13:1 | 17:1 | 19:1 |
| Enrollment | 4508 | 2,654 | 3,451 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 624 |
561 | 555 |
Compare Average MBA Tuition
In Texas the most affordable MBA program is $9,326 and the most expensive is $139,081. The average tuition cost in the state is $35,106. Currently, the average in-state MBA tuition for Baylor University is $85,692.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Baylor University | $85,692 |
| Texas Average | $35,106 |
| Online Average | $37,225 |
| National Average | $42,573 |
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- Baylor University average in-state tuition is $85,692
- The average Texas in-state MBA tuition is $35,106
- The average online MBA tuition in the United States is $37,225
- The national average in-state tuition in the United States is $42,573
The most affordable Online MBA program in Texas is $10,724 while the most expensive online program is $139,081. The average online tuition for Texas programs is $33,761. Research the most affordable AACSB online MBA programs across the nation.
- Baylor University's average in-state tuition is $85,692
- Texas average in-state tuition is $33,761
- National for average in-state tuition in the United States is $37,225
- Online average for in-state tuition is $37,225
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Texas is $155,000 and the lowest is $52,872. The average graduate MBA salary in the state is $82,657. Currently, the average MBA graduate salary for Baylor University is estimated to be $79,176.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Baylor University | $79,176 |
| Texas Average | $82,657 |
| Online Average | $79,354 |
| National Average | $82,899 |
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- National average for MBA graduate salary is $82,899
- Online average for graduate MBA salary is $79,354
For online MBA programs in Texas, the highest average graduate salary1 is $142,212 and the lowest is $52,872. The average graduate MBA salary in the state is $78,515. Currently, the average MBA graduate salary for Baylor University is estimated to be $79,176.
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- Texas average for online MBA starting salary is $78,515
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Texas is 1,139% and the lowest is -8%. The average graduate MBA ROI in the state is 261%. Currently, the average MBA graduate ROI for Baylor University is estimated to be -8%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Baylor University | -8% |
| Texas Average | 261% |
| Online Average | 196% |
| National Average | 186% |
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- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Texas, the highest average graduate ROI1 is 655% and the lowest is -8%. The average graduate MBA ROI in the state is 247%. Currently, the average MBA graduate ROI for Baylor University is estimated to be -8%.
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- Texas average for online MBA starting ROI is 247%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Texas ranges between a low of 9:1 to a high of 35:1 with an average Student Faculty Ratio of 19:1. Currently, Baylor University has an average student-to-faculty ratio for its MBA program of 13:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Baylor University | 13:1 |
| Texas Average | 19:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Baylor University Average Student Faculty Ratio: 13:1
- Texas Student Faculty Ratio: 19:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Texas, the average business school enrollment ranges between a low of 370 to a high of 11,097 with an average of 3,451. Currently, Baylor University average school enrollment is 4508.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Baylor University | 4508 |
| Texas Average | 3,451 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Baylor University Average School Enrollment: 4508
- Texas's Average School Enrollment: 3,451
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Texas ranges between a low of 420 to a high of 710 with an average of 555. At the present time, Baylor University average GMAT score for its MBA program is 624.
| Comparison Group | Average GMAT Scores |
|---|---|
| Baylor University | 624 |
| Texas Average | 555 |
| Online Average | 561 |
| National Average | 567 |
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- Baylor University Average GMAT: 624
- Texas's Average GMAT Scores: 555
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Texas Schools Offering Online MBA Degrees
- Texas Woman's University
- Tarleton State University
- St. Edward's University
- Angelo State University
- University of Dallas
- Texas Tech University
- Texas Southern University
- The University of Texas at Tyler
- Texas Christian University
- The University of Texas at San Antonio
- Southern Methodist University
- Lamar University
- Abilene Christian University
- Stephen F. Austin State University
- East Texas A&M University
- Midwestern State University
- University of Houston-Victoria
- The University of Texas Rio Grande Valley
- University of Houston-Downtown
- Sam Houston State University
- The University of Texas at Arlington
- University of Houston-Clear Lake
- University of North Texas
- The University of Texas at El Paso
- Texas Wesleyan University
- The University of Texas at Dallas
- University of Houston
- Baylor University
- Rice University
- Texas A&M University-Corpus Christi
- West Texas A&M University
- The University of Texas Permian Basin
Texas Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Texas and also find the best best online MBA programs accepting Texas students.
- Texas Woman's University
- Tarleton State University
- St. Edward's University
- Angelo State University
- University of St. Thomas-Houston
- University of Dallas
- Texas Tech University
- Texas Southern University
- The University of Texas at Tyler
- Texas Christian University
- The University of Texas at San Antonio
- The University of Texas at Austin
- Southern Methodist University
- Lamar University
- Abilene Christian University
- Texas A&M University-Texarkana
- Stephen F. Austin State University
- Texas A&M University-Kingsville
- East Texas A&M University
- Midwestern State University
- University of Houston-Victoria
- The University of Texas Rio Grande Valley
- University of Houston-Downtown
- Sam Houston State University
- The University of Texas at Arlington
- University of Houston-Clear Lake
- Texas State University
- University of North Texas
- The University of Texas at El Paso
- Texas Wesleyan University
- The University of Texas at Dallas
- St. Mary's University
- University of Houston
- Baylor University
- Rice University
- Texas A&M University-Corpus Christi
- West Texas A&M University
- The University of Texas Permian Basin
- Texas A&M University
- Prairie View A&M University
Cities in Texas Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
- Abilene
- Arlington
- Austin
- Beaumont
- Canyon
- College Station
- Commerce
- Corpus Christi
- Dallas
- Denton
- Edinburg
- El Paso
- Fort Worth
- Houston
- Huntsville
- Irving
- Laredo
- Lubbock
- Nacogdoches
- Odessa
- Prairie View
- Richardson
- San Antonio
- San Marcos
- Tyler
- Victoria
- Waco
- Wichita Falls
Baylor University Hankamer School of Business Summary
In-state tuition and fees for the MBA program at Hankamer School of Business is $85,692. Of all MBA programs offered in Texas, the average cost for in-state tuition and fees is $35,106 a year. The average cost for in-state tuition and fees for an online MBA program is $37,225 a year.
The average GMAT score to enter into Hankamer School of Business is 624 while the average GMAT score to for MBA schools in Texas is 554.88, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $79,176.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of -8%
The average in-state tuition you can expect to pay is about $85,692, and the average GMAT score for acceptance in their program is 624.
After graduating, the school reports that the average graduate salary is $79,176. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of -8%
Programs are offered as: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time, Partnership and Weekends.
The school is ranked by: Baylor University's MBA program is accredited by the AACSB and is ranked by the following publications: PQ, US News, BW and MBAGuide
| Averages | Baylor University | Online | Texas |
|---|---|---|---|
| Tuition | $85,692 | $37,225 | $35,106 |
| Salary | $79,176 | $79,354 | $82,657 |
| ROI | -8% | 196% | 261% |
| S/F Ratio | 13:1 | 17:1 | 19:1 |
| Enrollment | 4508 | 2,654 | 3,451 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 624 |
561 | 555 |
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.