Popular Sections for Maryland Online MBA Students
Interactive Table | Best MBAs Detail | Tuition | Salary | ROI | Average GMAT | No GMAT / GRE | How We Rank
Executive Summary Online MBA Programs in Maryland for 2025
$60,905
Average Online MBA Tuition in Maryland
$93,789
Average Starting Salary for Online MBA Students in Maryland
600
Average Online GMAT Scores in Maryland
1,998
Average Online Student Enrollment in Maryland
Key Highlights:
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- Comprehensive comparisons and data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in Maryland.
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- Detailed profiles of MBA programs in Maryland, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.
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- Insights into Maryland's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.
Top 5 Industries and Companies Hiring MBA Graduates in Maryland
Maryland is home to a robust economy with several strong sectors. One of the most significant sectors is life sciences, thanks to the presence of world-renowned institutions like Johns Hopkins University and the National Institutes of Health. An MBA concentration in healthcare management or biotechnology management could provide substantial advantages here.
Information technology, particularly cybersecurity, is another dominant industry in Maryland. The state is often referred to as the "Silicon Valley of Cybersecurity," providing a wealth of opportunities for MBA graduates specializing in technology management or information systems.
Maryland also has a thriving manufacturing industry, particularly in the aerospace and defense sectors. This presents opportunities for MBA graduates with a focus on operations or supply chain management.
Lastly, the financial services industry in Maryland is robust and offers a wealth of opportunities for MBA graduates, particularly those with a focus on finance or investment management.
| Major Industries in Maryland | Relevance to MBA Students |
|---|---|
| Life Sciences | Ideal for MBA graduates specializing in healthcare management or biotechnology management. |
| Information Technology & Cybersecurity | Beneficial for those focusing on technology management or information systems. |
| Manufacturing (Aerospace & Defense) | Provides opportunities for MBA graduates specializing in operations or supply chain management. |
| Financial Services | Perfect for those focusing on finance or investment management. |
| Top Hiring Companies in Maryland | Why Work There |
|---|---|
| Lockheed Martin | A defense and aerospace industry leader with opportunities in operations, project management, and strategic planning. |
| Johns Hopkins Medicine | A globally-renowned healthcare institution with roles in healthcare management and administration. |
| Northrop Grumman | A major player in aerospace and defense, providing opportunities in operations and supply chain management. |
| T. Rowe Price | A financial services firm offering roles in investment management and strategic planning. |
| Under Armour | A popular apparel company offering roles in marketing, brand management, and strategic planning. |
Interactive Table of the Best Ranked Online MBA Programs in Maryland
Easily sort the interactive table below to find the best online MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Maryland. Click on any school for a comprehensive school profile.
| Rank | University | Avg. Graduate ROI | Avg. In State Tuition | Avg. Starting Salary | State | Campus and Online |
|---|---|---|---|---|---|---|
| 1 | University of Maryland | 22.00% | $98,865 | $121,103 | MD | Yes |
| 2 | Johns Hopkins Carey Business School | -4.00% | $133,000 | $127,044 | MD | Yes |
| 3 | University of Baltimore | 120.00% | $35,128 | $77,400 | MD | Yes |
| 4 | Frostburg State University | 400.00% | $16,740 | $83,700 | MD | Yes |
| 5 | Salisbury University | 187.00% | $20,792 | $59,700 | MD | Yes |
RANKED 1
University of Maryland
Robert H. Smith School of Business
- 2570 Van Munching Hall, Office of the Dean, College Park, MD - 20742
Institution
Institution Control: Public- AACSB Accreditation: Business
- Academic Year: Semester
- Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, E-Commerce, Economics, Entrepreneurship, Finance, General Business, Global Management, Human Resources, Information Systems, Insurance, International Business, Leadership, Management, Manufacturing, Marketing, Operations Management, Organizational Behavior, Quantitative Methods and Supply Chain
- Offered As: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time and Weekends
Social Links
Facebook, Linkedin and Twitter
Student / Faculty Ratio
Institution: 16:1MBA Tuition & Fees
In-State Tuition: $98,865Average GMAT Score
Average GMAT MBA: 656Business School Student Population
Business School Enrollment All: 4666Average Starting Salary*
Average Graduate Salary: $121,103MBA Program Ranking
MBA Program Ranked By: PQ, US News, Forbes, BW, FT, Economist and MBAGuide
RANKED 2
Johns Hopkins Carey Business School
Johns Hopkins University
- 100 International Drive, Baltimore, MD - 21202
Institution
Institution Control: Private- AACSB Accreditation: Business
- Academic Year: Semester
- Business Degrees & Concentrations: Corporate Finance, Finance, General Business, Healthcare Administration, Information Systems, Marketing, Other and Real Estate
- Offered As: 1-Year, Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Partnership and Weekends
Social Links
Facebook, Linkedin and Twitter
Student / Faculty Ratio
Institution: 14:1MBA Tuition & Fees
In-State Tuition: $133,000Average GMAT Score
Average GMAT MBA: 673Business School Student Population
Business School Enrollment All: 2694Average Starting Salary*
Average Graduate Salary: $127,044MBA Program Ranking
MBA Program Ranked By: MBAGuide
RANKED 3
University of Baltimore
Robert G. Merrick School of Business
- 1420 North Charles Street, Thurmel Business Center, Baltimore, MD - 21201
Institution
Institution Control: Public- AACSB Accreditation: Business
- Academic Year: Semester
- Business Degrees & Concentrations: Accounting, Corporate Finance, Cybersecurity, Data Analytics, E-Commerce, Entrepreneurship, Finance, General Business, Global Management, Healthcare Administration, Human Resources, Information Systems, Insurance, International Business, Law, Leadership, Management, Marketing, Other, Public Administration, Real Estate and Taxation
- Offered As: Campus, Distance Education, Evenings, Full-Time, Online, Part-Time, Partnership and Weekends
Social Links
Facebook, Linkedin and Twitter
Student / Faculty Ratio
Institution: 12:1MBA Tuition & Fees
In-State Tuition: $35,128Average GMAT Score
Average GMAT MBA: 590Business School Student Population
Business School Enrollment All: 687Average Starting Salary*
Average Graduate Salary: $77,400MBA Program Ranking
MBA Program Ranked By: MBAGuide
RANKED 4
Frostburg State University
College of Business
- 125 Guild Center, Frostburg, MD - 21532
Institution
Institution Control: Public- AACSB Accreditation: Business
- Academic Year: Semester
- Business Degrees & Concentrations: Accounting, Corporate Finance, Economics, Entrepreneurship, Finance, Global Management, Hospitality Management, Human Resources, Insurance, International Business, Management and Marketing
- Offered As: Campus, Distance Education, Evenings, Full-Time, Off Campus, Online, Part-Time and Weekends
Social Links
Facebook, Linkedin and Twitter
Student / Faculty Ratio
Institution: 8:1MBA Tuition & Fees
In-State Tuition: $16,740Average GMAT Score
Average GMAT MBA: 550Business School Student Population
Business School Enrollment All: 449Average Starting Salary*
Average Graduate Salary: $83,700MBA Program Ranking
MBA Program Ranked By: MBAGuide
RANKED 5
Salisbury University
Franklin P. Perdue School of Business
- Perdue Hall, Salisbury, MD - 21801
Institution
Institution Control: Public- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
- Business Degrees & Concentrations: Accounting, Corporate Finance, Economics, Finance, General Business, Global Management, Information Systems, International Business, Management and Marketing
- Offered As: 1-Year, Campus, Evenings, Full-Time, Online, Part-Time and Weekends
Social Links
Facebook, Linkedin and Twitter
Student / Faculty Ratio
Institution: 12:1MBA Tuition & Fees
In-State Tuition: $20,792Average GMAT Score
Average GMAT MBA: 531Business School Student Population
Business School Enrollment All: 1494Average Starting Salary*
Average Graduate Salary: $59,700MBA Program Ranking
MBA Program Ranked By: MBAGuide
Compare Online MBA Program Averages in 2025
Maryland, the U.S. and Online
| Averages | Maryland Online MBA Programs | U.S. Online MBA Programs | MBA Programs in the US |
|---|---|---|---|
| Average MBA Tuition | $60,905 | $37,225 | $42,573 |
| Average GMAT Scores | 600 | 561 | 567 |
| Average Full-Time MBA Faculty | 75 | 72 | 72 |
| Average MBA Student Faculty Ratio | 12:1 | 17:1 | 16:1 |
| Average # of MBA Faculty with Doctorate | 85.44% | 83.55% | 84.32% |
| Average Full-Time MBA Enrollment | 325 | 287 | 290 |
| Average Part-Time MBA Enrollment | 505 | 349 | 322 |
| Average % of MBA Students from U.S. | 80% | 84% | 84% |
What is the Average Tuition for Online MBA Programs in Maryland?
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 Online MBA program from an institution in Maryland will cost you between $16,740 from Frostburg State University and $133,000 from Johns Hopkins Carey Business School. The average cost of online MBA programs within Maryland is $60,905.
While the average in-person MBA program in Maryland will cost about $54,827, the least expensive MBA program is $16,740 from Frostburg State University, and the most expensive is $133,000 from Johns Hopkins Carey Business School.
Average Tuition for Online MBA Programs
Average: $60,905 from Maryland’s 5 online MBA Programs
Lowest online: $16,740 from Frostburg State University
Highest online: $133,000 from Johns Hopkins Carey Business School
Average Tuition for In-Person MBA Programs
Average: $54,827 from Maryland’s 7 in-person MBA Programs
Lowest in-person: $16,740 from Frostburg State University
Highest in-person: $133,000 from Johns Hopkins Carey Business School
Most Affordable Online MBAs in Maryland
- Frostburg State University - $16,740.00
- Salisbury University - $20,792.00
- University of Baltimore - $35,128.00
- University of Maryland - $98,865.00
- Johns Hopkins Carey Business School - $133,000.00
Most Expensive Online MBAs in Maryland
- Johns Hopkins Carey Business School - $133,000.00
- University of Maryland - $98,865.00
- University of Baltimore - $35,128.00
- Salisbury University - $20,792.00
- Frostburg State University - $16,740.00
What is the Average Graduate Salary for Online MBA Programs in Maryland?
The average starting salary for graduates of an online MBA program from an institution in Maryland is between $59,700 from Salisbury University and $127,044 from Johns Hopkins Carey Business School. The average starting MBA salary for graduates of online MBA programs within Maryland is $93,789.
While the average starting salary for graduates of an in-person MBA program in Maryland is about $87,018, the lowest average MBA starting salary is $59,700 from Salisbury University, and the highest average MBA starting salary is $127,044 from Johns Hopkins Carey Business School.
Average Graduate Salaries for Online MBA Programs
- Average: $93,789 from Maryland’s 5 Online MBA Programs
- Lowest Online: $59,700 from Salisbury University
- Highest Online: $127,044 from Johns Hopkins Carey Business School
Average Graduate Salaries for In-Person MBA Programs
- Average: $87,018 from Maryland’s 7 In-Person MBA Programs
- Lowest In-Person: $59,700 from Salisbury University
- Highest In-Person:$127,044 from Johns Hopkins Carey Business School
Schools with the Highest Online Graduate MBA Salaries in Maryland
- Johns Hopkins Carey Business School - $127,044.00
- University of Maryland - $121,103.00
- Frostburg State University - $83,700.00
- University of Baltimore - $77,400.00
- Salisbury University - $59,700.00
Schools with the Lowest Online Graduate MBA Salaries in Maryland
- Salisbury University - $59,700.00
- University of Baltimore - $77,400.00
- Frostburg State University - $83,700.00
- University of Maryland - $121,103.00
- Johns Hopkins Carey Business School - $127,044.00
What is the Average ROI for Online MBA Programs in Maryland?
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.
The ROI from Online MBA programs in Maryland range between -4% from Johns Hopkins Carey Business School and 400% from Frostburg State University. The average ROI of online MBA programs within Maryland is 145%.
While the average in-person MBA program ROI from Maryland is 173%, the lowest ROI is -4% from Johns Hopkins Carey Business School, and the best ROI is 400% from Frostburg State University.
Online ROI for MBA Programs
- Average: 145% from Maryland’s 5 online MBA Programs
- Lowest online: -4% from Johns Hopkins Carey Business School
- Highest online: 400% from Frostburg State University
In-Person ROI for MBA Programs
- Average: 173% from Maryland’s 7 in-person MBA Programs
- Lowest in-person: -4% from Johns Hopkins Carey Business School
- Highest in-person: 400% from Frostburg State University
Highest ROI for Online MBA Programs in Maryland
- Frostburg State University - 400.00%
- Salisbury University - 187.00%
- University of Baltimore - 120.00%
- University of Maryland - 22.00%
Lowest ROI for Online MBA Programs in Maryland
- University of Maryland - 22.00%
- University of Baltimore - 120.00%
- Salisbury University - 187.00%
- Frostburg State University - 400.00%
What is the Average GMAT Score Needed for an Online MBA Program in Maryland?
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.
The average GMAT score needed for an online MBA program from an institution in Maryland is between 531 from Salisbury University to 673 from Johns Hopkins Carey Business School. The average GMAT scored for online MBA programs within Maryland is 600.
While the average GMAT score needed for in-person MBA program in Maryland is 582, the lowest average GMAT score is for an MBA program is 500 from Morgan State University, and the highest GMAT score needed is 673 from Johns Hopkins Carey Business School.
Average GMAT Score for Online MBA Programs
- Average: 600 from Maryland’s 5 online MBA Programs
- Lowest online: 531 from Salisbury University
- Highest online: 673 from Johns Hopkins Carey Business School
Average GMAT Score for In-Person MBA Programs
- Average: 582 from Maryland’s 7 in-person MBA Programs
- Lowest in-person: 500 from Morgan State University
- Highest in-person: 673 from Johns Hopkins Carey Business School
Lowest GMAT Scores for Online MBA Programs in Maryland
- Salisbury University - 531
- Frostburg State University - 550
- University of Baltimore - 590
- University of Maryland - 656
- Johns Hopkins Carey Business School - 673
Highest GMAT Scores for Online MBA Programs in Maryland
- Johns Hopkins Carey Business School - 673
- University of Maryland - 656
- University of Baltimore - 590
- Frostburg State University - 550
- Salisbury University - 531
No GMAT or GRE – Best Online MBA Programs in Maryland
Online MBA Schools with the Most Alumni Maryland?
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 Maryland state’s MBA programs, the range for full-time enrollment is between 41 and 1,123. For part-time enrollment, the range is between : 11.00 and : 1,571.00.
Average Enrollment for Online MBA Programs
- Lowest: 41 from Salisbury University
- Highest: 1,123 from Johns Hopkins Carey Business School
- Average: 325 from Maryland’s 5 MBA Programs.
- Average: 287 from 392 nation’s online MBA Programs.
Average Enrollment for In-Person MBA Programs
- Lowest: 41 from Salisbury University
- Highest: 1,123 from Johns Hopkins Carey Business School
- Average: 286 from Maryland’s 7 MBA Programs.
- Average: 296 from 511 the nation’s campus MBA Programs.
Online MBA Programs with the Lowest Student Enrollment in Maryland
- Johns Hopkins Carey Business School - 1,123
- University of Maryland - 348
- University of Baltimore - 68
- Frostburg State University - 43
- Salisbury University - 41
Online MBA Programs with the Highest Student Enrollment in Maryland
- Salisbury University - 41
- Frostburg State University - 43
- University of Baltimore - 68
- University of Maryland - 348
- Johns Hopkins Carey Business School - 1,123
What Online MBA Concentrations Available in Maryland?
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 Maryland businesses, MBA programs here have risen to the challenge by offering you an array of more than 30 MBA concentrations including:
- Marketing: 5
- Corporate Finance: 5
- Finance: 5
- Accounting: 4
- Management: 4
- International Business: 4
- Information Systems: 4
- General Business: 4
- Global Management: 4
- Human Resources: 3
What Online Schools Offer the Widest Variety of MBA Concentrations in Maryland?
- University of Baltimore: 22
- University of Maryland: 21
- Frostburg State University: 12
- Salisbury University: 10
- Johns Hopkins Carey Business School: 8
Cities Offering Online MBA Programs in Maryland
Looking for a particular city in Maryland with an accredited MBA program? Research and compare MBA programs from other cities in Maryland. Find online programs, programs by concentration, by average GMAT score and more.
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.
MBA Program Options Available in Maryland
Options for earning your MBA in Maryland have never been more flexible. Maryland MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.
Maryland has : 7 Accredited MBA programs. 25 private and : 5 public schools offering MBA programs.
Maryland has : 5 public schools and : 0 private schools offering MBA degree programs.
: 7 Accredited MBA programs. and : 5 public schools offering MBA programs.
Maryland schools offer 11 different paths to earn your MBA in Maryland including Campus, Evenings, Full-Time, Part-Time, Weekends, Online, Distance Education, 1-Year, Off Campus, Partnership and Online Full-Time.
To meet the diverse needs of Maryland businesses, MBA programs here have risen to the challenge by offering you an array of more than 30 MBA concentrations to specialize in.
Awards for Online MBA Programs in Maryland
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 5 accredited MBA programs offered in Maryland, 6 of them have been recognized by at least one distinguished publication (MBAGuide, PQ, US News, Forbes, BW, FT and Economist) garnering an award as one of the best MBA programs in the country.
Maryland schools have earned a total of 12 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:
- University of Maryland: 7
- Loyola University Maryland: 1
- University of Baltimore: 1
- Salisbury University: 1
- Frostburg State University: 1
- Johns Hopkins Carey Business School: 1
Publications and the number of awards granted for Maryland schools:
- MBAGuide: 6
- US News: 1
- Forbes: 1
- BW: 1
- FT: 1
- Economist: 1
How We Rank the Best Online MBA Programs in Maryland
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
Best MBA Programs by State: Online and In-Person
Alabama – Online | In-Person
Alaska – Online | In-Person
Arizona – Online | In-Person
Arkansas – Online | In-Person
California – Online | In-Person
Colorado – Online | In-Person
Connecticut – Online | In-Person
Delaware – Online | In-Person
Florida – Online | In-Person
Georgia – Online | In-Person
Hawaii – Online | In-Person
Idaho – Online | In-Person
Illinois – Online | In-Person
Indiana – Online | In-Person
Iowa – Online | In-Person
Kansas – Online | In-Person
Kentucky – Online | In-Person
Louisiana – Online | In-Person
Maine – Online | In-Person
Maryland – Online | In-Person
Massachusetts – Online | In-Person
Michigan – Online | In-Person
Minnesota – Online | In-Person
Mississippi – Online | In-Person
Missouri – Online | In-Person
Montana – Online | In-Person
Nebraska – Online | In-Person
Nevada – Online | In-Person
New Hampshire – Online | In-Person
New Jersey – Online | In-Person
New Mexico – Online | In-Person
New York – Online | In-Person
North Carolina – Online | In-Person
North Dakota – Online | In-Person
Ohio – Online | In-Person
Oklahoma – Online | In-Person
Oregon – Online | In-Person
Pennsylvania – Online | In-Person
Rhode Island – Online | In-Person
South Carolina – Online | In-Person
South Dakota – Online | In-Person
Tennessee – Online | In-Person
Texas – Online | In-Person
Utah – Online | In-Person
Vermont – Online | In-Person
Virginia – Online | In-Person
Washington – Online | In-Person
West Virginia – Online | In-Person
Wisconsin – Online | In-Person
Wyoming – Online | In-Person
District of Columbia – Online | In-Person
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.
Find: MBA Programs in Maryland | Online MBA Programs in Maryland Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online MBA | Guide to Earning an MBA Concentrations: Online MBA Concentrations | Campus MBA Concentrations