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10 Best Online MBA Programs in Engineering for 2025

MBAGuide StaffMBAGuide.org Staff Updated onMarch 16, 2025
Reading Time: 7 minutes
Home / Engineering

Online MBA Programs in Engineering
Tuition, ROI, Graduate Salary, GMAT Requirements

10 Best Ranked | All AACSB Table | Compare | Salaries | Tuition | ROI | GMAT | How We Rank

$57,118

Average Tuition Engineering

$89,146

Average Starting Salary Engineering

552

Average GMAT Scores Engineering

0

Average Student Enrollment Engineering

Executive Summary for Online MBA Programs in Engineering MBA Programs

The ranking team at MBAGuide.org, evaluated 2 online Engineering MBA programs. Here is a summary of our comprehensive findings. Explore the details about the Engineering MBA, compare schools, find states and cities where the degree is offered.

  • Starting salary for new MBA graduates in Engineering is between $63,600 and $124,664 with an average of $89,573.
  • Online tuition in for Engineering MBAs ranges between $12,900 to $124,248, with an average total tuition cost of $57,118
  • ROI for online programs in Engineering ranges between 112% to 116%, with an average ROI return of 114%
  • A GMAT score between 493 and 610 with an average of 594 is needed for acceptance into an MBA program in Engineering.
  • There are 4 campus and 2 online MBA Engineering Programs.
  • Average student enrollment varies between 0 and 0 with an overall average of 0.
  • Student / Faculty Ratio for MBA programs offering a Engineering concentration varies between 11:1 and 11:1 with an average of 11:1 students.
  • 10 MBA programs in Engineering are ranked by the following institutions MBAGuide: 9, US News: 5, Forbes: 4, Economist: 3, BW: 3 and FT: 3.
  1. Comprehensive comparisons, data and analysis – MBAGuide conducts an in-depth analysis of 2 AACSB-accredited online MBA programs in Engineering to find the top 10.
  2. Ranking metrics you care about – such as average starting salaries, tuition fees, return on investment (ROI), GMAT scores, alumni networks, student-to-faculty ratios, and more with no paywall.
  3. Detailed school profiles of Engineering MBA programs their strengths, faculty expertise, alumni networks to help align your program choice

Best 10 MBA Programs in Engineering


Jump to a Best Ranked Program
  • Boston University
  • Arizona State University
  • University of California, Davis
  • University of Illinois at Urbana-Champaign
  • Stevens Institute of Technology
  • Valparaiso University
  • Lawrence Technological University
  • University of Southern Indiana
  • Western New England University
  • Lamar University

Boston University

Boston University

Questrom School of Business

Location:

  • Boston

,

  • MA

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $124,248
  • Graduate Salary: $120,884
  • Graduate ROI: -3%
  • GMAT Required: Yes
  • Avg. GMAT: 683
  • Student / Faculty Ratio: 19:1
  • Enrollment: 7076

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 20
  • Corporate Finance
  • Data Analytics
  • Economics
  • Energy
  • Engineering
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Information Systems
  • Insurance
  • International Business
  • Law
  • Management
  • Manufacturing
  • Marketing
  • Nonprofit
  • Other
  • Quantitative Methods
  • Science and Technology
  • Supply Chain
  • Best in:
  • Best MBA or Masters Program in Massachusetts
  • Best Online MBA or Masters in Massachusetts
  • Best MBA or Masters Emerging Leadership Program - 1 Year MBA Programs
  • Best Concentration Law
  • Best Concentration Science and Technology
  • Rankings
  • City Rank: 3
  • State Rank: 4
  • National Rank: 39
  • Online Rank: 19
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Arizona State University

Arizona State University W.P. Carey School of Business

W. P. Carey School of Business

Location:

  • Tempe

,

  • AZ

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $60,393
  • Graduate Salary: $124,664
  • Graduate ROI: 106%
  • GMAT Required: Yes
  • Avg. GMAT: 684
  • Student / Faculty Ratio: 34:1
  • Enrollment: 21000

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • hybrid
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 15
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Economics
  • Engineering
  • Entrepreneurship
  • Finance
  • General Business
  • Information Systems
  • Management
  • Marketing
  • Other
  • Real Estate
  • Science and Technology
  • Supply Chain
  • Taxation
  • Best in:
  • Most Affordable Online MBA or Masters in Arizona
  • Best MBA or Masters Program in Arizona
  • Best Online MBA or Masters in Arizona
  • Best DBA Program in Each State
  • Masters All or Campus Masters Supply Chain Management
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 53
  • Online Rank: 29
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of California, Davis

University of California, Davis Graduate School of Management

Graduate School of Management

Location:

  • Davis

,

  • CA

Control: Public

Academic Year: Quarter

Accredited: AACSB

Accreditation: Business

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  • Tuition: $95,438
  • Graduate Salary: $109,075
  • Graduate ROI: 14%
  • GMAT Required: Optional
  • Avg. GMAT: 657
  • Student / Faculty Ratio: 7:1
  • Enrollment: 863

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Full-Time
  • ·
  • Online
  • Concentrations: 17
  • Accounting
  • Consulting
  • Engineering
  • Entrepreneurship
  • Finance
  • General Business
  • Healthcare Administration
  • Human Resources
  • Information Systems
  • Leadership
  • Manufacturing
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Product Management
  • Project Management
  • Real Estate
  • Statistics
  • Best in:
  • Best MBA or Masters Program in California
  • Best Online MBA or Masters in California
  • Best Concentration Statistics
  • Best Concentration Project Management
  • Best Concentration Product Management
  • Rankings
  • City Rank: 1
  • State Rank: 5
  • National Rank: 55
  • Online Rank: 30
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of Illinois at Urbana-Champaign

University of Illinois at Urbana-Champaign Gies College of Business

Gies College of Business

Location:

  • Champaign

,

  • IL

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

Facebook, Linkedin and Twitter
  • Tuition: $33,772
  • Graduate Salary: $98,500
  • Graduate ROI: 192%
  • GMAT Required: Optional
  • Avg. GMAT: 609
  • Student / Faculty Ratio: 22:1
  • Enrollment: 8537

Degree Level(s):

  • Doctoral
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 12
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Engineering
  • Finance
  • General Business
  • Information Systems
  • Management
  • Manufacturing
  • Marketing
  • Operations Management
  • Other
  • Supply Chain
  • Best in:
  • Most Affordable Online MBA or Masters in Illinois
  • Most Affordable Online MBA or Masters in Most Affordable Online MBA
  • Best MBA or Masters Program in illinois
  • Best Online MBA or Masters in Illinois
  • Best Online Concentration Manufacturing
  • Rankings
  • City Rank: 1
  • State Rank: 4
  • National Rank: 83
  • Online Rank: 51
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Stevens Institute of Technology

Stevens Institute of Technology School of Business

School of Business

Location:

  • Hoboken

,

  • NJ

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $81,880
  • Graduate Salary: $85,398
  • Graduate ROI: 4%
  • GMAT Required: Yes
  • Avg. GMAT: 653
  • Student / Faculty Ratio: 11:1
  • Enrollment: 2077

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 10
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Engineering
  • Finance
  • General Business
  • Information Systems
  • Management
  • Manufacturing
  • Operations Management
  • Sports Management
  • Best in:
  • Best MBA or Masters Program in New Jersey
  • Best Online MBA or Masters in New Jersey
  • Best Concentration Sports Management
  • Best Online Concentration Manufacturing
  • Best Online Concentration Sports Management
  • Rankings
  • City Rank: 1
  • State Rank: 3
  • National Rank: 84
  • Online Rank: 52
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Valparaiso University

Valparaiso University College of Business

College of Business

Location:

  • Valparaiso

,

  • IN

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $30,000
  • Graduate Salary: $64,840
  • Graduate ROI: 116%
  • GMAT Required: Optional
  • Avg. GMAT: 610
  • Student / Faculty Ratio: 11:1
  • Enrollment: 392

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 8
  • Data Analytics
  • Engineering
  • Finance
  • General Business
  • Healthcare Administration
  • Management
  • Marketing
  • Supply Chain
  • Best in:
  • Most Affordable Online MBA or Masters in Indiana
  • Most Affordable Online MBA or Masters in Most Affordable Online MBA
  • Best MBA or Masters Program in Indiana
  • Best Online MBA or Masters in Indiana
  • Best Concentration Engineering
  • Rankings
  • City Rank: 1
  • State Rank: 10
  • National Rank: 221
  • Online Rank: 155
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Lawrence Technological University

Lawrence Technological University College of Business and Information Technology

College of Business and Information Technology

Location:

  • Southfield

,

  • MI

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

  • Tuition: $83,400
  • Graduate Salary: $82,499
  • Graduate ROI: -1%
  • GMAT Required: No
  • Avg. GMAT: 450
  • Student / Faculty Ratio: 11:1
  • Enrollment: 279

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Full-Time
  • ·
  • Online
  • Concentrations: 7
  • Accounting
  • Communications
  • Corporate Finance
  • Engineering
  • Finance
  • General Business
  • Information Systems
  • Marketing
  • Best in:
  • Best MBA or Masters Program in Michigan
  • Best Online MBA or Masters in Michigan
  • Rankings
  • City Rank: 1
  • State Rank: 14
  • National Rank: 427
  • Online Rank: 315
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

University of Southern Indiana

University of Southern Indiana Romain College of Business

Romain College of Business

Location:

  • Evansville

,

  • IN

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $12,900
  • Graduate Salary: $65,700
  • Graduate ROI: 409%
  • GMAT Required: Yes
  • Avg. GMAT: 528
  • Student / Faculty Ratio: 22:1
  • Enrollment: 2029

Degree Level(s):

  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 7
  • Accounting
  • Corporate Finance
  • Engineering
  • Finance
  • General Business
  • Information Systems
  • Management
  • Marketing
  • Best in:
  • Most Affordable Online MBA or Masters in Indiana
  • Rankings
  • City Rank: 1
  • State Rank: 15
  • National Rank: 439
  • Online Rank: 326
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Western New England University

Western New England University College of Business

College of Business

Location:

  • Springfield

,

  • MA

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

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  • Tuition: $36,000
  • Graduate Salary: $76,300
  • Graduate ROI: 112%
  • GMAT Required: No
  • Avg. GMAT: 493
  • Student / Faculty Ratio: 11:1
  • Enrollment: 891

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 5
  • Accounting
  • Engineering
  • General Business
  • Law
  • Leadership
  • Best in:
  • Most Affordable Online MBA or Masters in Massachusetts
  • Best Online MBA or Masters in Massachusetts
  • Best Concentration Engineering
  • Best Online Concentration Engineering
  • Rankings
  • City Rank: 3
  • State Rank: 19
  • National Rank: 448
  • Online Rank: 334
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Lamar University

Lamar University College of Business

College of Business

Location:

  • Beaumont

,

  • TX

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business

Facebook, Linkedin and Twitter
  • Tuition: $13,153
  • Graduate Salary: $63,600
  • Graduate ROI: 384%
  • GMAT Required: Conditional
  • Avg. GMAT: 495
  • Student / Faculty Ratio: 33:1
  • Enrollment: 2841

Degree Level(s):

  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 9
  • Accounting
  • Data Analytics
  • Engineering
  • Financial Management
  • General Business
  • Healthcare Administration
  • Information Systems
  • Leadership
  • Management
  • Marketing
  • Best in:
  • Most Affordable Online MBA or Masters in Texas
  • Best Online Concentration Financial Management
  • Best Concentration Financial Management
  • Rankings
  • City Rank: 1
  • State Rank: 41
  • National Rank: 503
  • Online Rank: 381
  • Top 10% in State: ROI, Tuition
  • Better than State Average: GMAT
  • Better than National Average: Student / Faculty Ratio

Sortable Table of the Top AACSB Accredited MBA Programs in Engineering

Easily sort the interactive table to find the best Engineering MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Engineering. Click on any school for a comprehensive school profile.

Rank University ROIIn State TuitionAvg. Starting SalaryStateOnline
1 Boston University -3.00% $124,248 $120,884MAYes
2 Arizona State University 106.00% $60,393 $124,664AZYes
3 University of California, Davis 14.00% $95,438 $109,075CAYes
4 University of Illinois at Urbana-Champaign 192.00% $33,772 $98,500ILYes
5 Stevens Institute of Technology 4.00% $81,880 $85,398NJYes
6 Valparaiso University 116.00% $30,000 $64,840INYes
7 Lawrence Technological University -1.00% $83,400 $82,499MIYes
8 University of Southern Indiana 409.00% $12,900 $65,700INYes
9 Western New England University 112.00% $36,000 $76,300MAYes
10 Lamar University 384.00% $13,153 $63,600TXYes

Read about our ranking methodology.

  • Number of Programs Offering Engineering MBAs: 2
  • Average GMAT Score for Engineering MBA Programs: 552
  • Average In-State Tuition for Engineering MBA Programs: $57,118.40
  • Average Graduate Salary for Engineering MBA Programs: $89,146
  • Average ROI for Engineering MBA Programs: 114%

Compare Online Engineering MBA Program Averages vs In-Person

An MBA program in Engineering will cost you between $12,900.00 to $124,248.00.

 AveragesOnline MBA ProgramsIn-Person MBA Programs
Number of Programs24
Average Starting Salary$89,146$89,573
Average MBA Tuition$57,118
$56,894
Average ROI114%145%
Average GMAT Scores552
594
Average Full-Time MBA Faculty00
Average MBA Student Faculty Ratio11:114:1
Faculty with Doctorate84%84%
Average Full-Time MBA Enrollment00
Average Part-Time MBA Enrollment349322
Average % of MBA Students from U.S.84%84%

What is the Average MBA Salary for Online Engineering Graduates?

MBA salaries differs wildly depending on the program you chose, the industry you enter and the experience you have. After earning an MBA from Lamar University, the average MBA graduate annual salary is $63,600 . A degree from Arizona State University, will provide an annual salary of $124,664.

Average MBA starting salary for graduates from accredited programs is $89,146 with the lowest of starting of $63,600 and the highest reported starting salary of $124,664.

Average Graduate Salaries for Online Engineering MBA Programs

  • Average Engineering: $89,146
  • Lowest Engineering: $63,600
  • Highest Engineering: $124,664

10 Highest Salaries for Online MBA Graduates in Engineering

  1. Arizona State University - $124,664.00
  2. Boston University - $120,884.00
  3. University of California, Davis - $109,075.00
  4. University of Illinois at Urbana-Champaign - $98,500.00
  5. Stevens Institute of Technology - $85,398.00
  6. Lawrence Technological University - $82,499.00
  7. Western New England University - $76,300.00
  8. University of Southern Indiana - $65,700.00
  9. Valparaiso University - $64,840.00
  10. Lamar University - $63,600.00

10 Lowest Salaries for Online MBA Graduates in Engineering

  1. Lamar University - $63,600.00
  2. Valparaiso University - $64,840.00
  3. University of Southern Indiana - $65,700.00
  4. Western New England University - $76,300.00
  5. Lawrence Technological University - $82,499.00
  6. Stevens Institute of Technology - $85,398.00
  7. University of Illinois at Urbana-Champaign - $98,500.00
  8. University of California, Davis - $109,075.00
  9. Boston University - $120,884.00
  10. Arizona State University - $124,664.00

Average Salary for Graduate of MBA Programs in Engineering Programs Table

Rank University Avg. Starting SalaryIn State TuitionROIStateOnline
1 Lamar University $63,600 $13,153 384.00%TXYes
2 Valparaiso University $64,840 $30,000 116.00%INYes
3 University of Southern Indiana $65,700 $12,900 409.00%INYes
4 Western New England University $76,300 $36,000 112.00%MAYes
5 Lawrence Technological University $82,499 $83,400 -1.00%MIYes
6 Stevens Institute of Technology $85,398 $81,880 4.00%NJYes
7 University of Illinois at Urbana-Champaign $98,500 $33,772 192.00%ILYes
8 University of California, Davis $109,075 $95,438 14.00%CAYes
9 Boston University $120,884 $124,248 -3.00%MAYes
10 Arizona State University $124,664 $60,393 106.00%AZYes

What is the Average Online MBA Tuition for Engineering Programs?


If you plan on attending an online 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.

The average in-state tuition for an online MBA in Engineering is $57,118.40 compared to an average campus program Engineering is $56,893.67 .

The lowest AACSB tuition rate at $12,900.00 from University of Southern Indiana.

The highest AACSB tuition rate is $124,248.00 from Boston University.

Average Tuition for Online MBA Programs in Engineering

  • Average: $57,118.40
  • Lowest: $12,900.00 from University of Southern Indiana
  • Highest: $124,248.00 from Boston University

10 Most Affordable Online MBA Programs in Engineering

  1. University of Southern Indiana - $12,900.00
  2. Lamar University - $13,153.00
  3. Valparaiso University - $30,000.00
  4. University of Illinois at Urbana-Champaign - $33,772.00
  5. Western New England University - $36,000.00
  6. Arizona State University - $60,393.00
  7. Stevens Institute of Technology - $81,880.00
  8. Lawrence Technological University - $83,400.00
  9. University of California, Davis - $95,438.00
  10. Boston University - $124,248.00

10 Most Expensive Online MBA Programs in Engineering

  1. Boston University - $124,248.00
  2. University of California, Davis - $95,438.00
  3. Lawrence Technological University - $83,400.00
  4. Stevens Institute of Technology - $81,880.00
  5. Arizona State University - $60,393.00
  6. Western New England University - $36,000.00
  7. University of Illinois at Urbana-Champaign - $33,772.00
  8. Valparaiso University - $30,000.00
  9. Lamar University - $13,153.00
  10. University of Southern Indiana - $12,900.00

Interactive Table for Online MBA Tuition Costs for Engineering Programs

Easily sort the interactive table to find the best Engineering MBA programs by Tuition to find and to compare MBA programs. Click on any school for a comprehensive school profile.

Rank University In State TuitionAvg. Starting SalaryROIStateOnline
1 University of Southern Indiana $12,900 $65,700 409.00%INYes
2 Lamar University $13,153 $63,600 384.00%TXYes
3 Valparaiso University $30,000 $64,840 116.00%INYes
4 University of Illinois at Urbana-Champaign $33,772 $98,500 192.00%ILYes
5 Western New England University $36,000 $76,300 112.00%MAYes
6 Arizona State University $60,393 $124,664 106.00%AZYes
7 Stevens Institute of Technology $81,880 $85,398 4.00%NJYes
8 Lawrence Technological University $83,400 $82,499 -1.00%MIYes
9 University of California, Davis $95,438 $109,075 14.00%CAYes
10 Boston University $124,248 $120,884 -3.00%MAYes

What is the Average ROI for Online MBA Programs in Engineering?

Choosing an online 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.

For MBA programs in across the U.S., the ROI ranges from 112% to 116%.The lowest MBA ROI of 112% is from the program at Boston University.The highest MBA ROI of 116% is offered by University of Southern Indiana.On average, MBA programs across the U.S. have an ROI of 196%.

ROI for Online MBA Programs in Engineering Programs Table

Easily sort the interactive table to find the best Engineering MBA programs by ROI to find and to compare MBA programs. Click on any school for a comprehensive school profile.

Rank University ROIIn State TuitionAvg. Starting SalaryStateOnline
1 University of Southern Indiana 409.00% $12,900 $65,700INYes
2 Lamar University 384.00% $13,153 $63,600TXYes
3 University of Illinois at Urbana-Champaign 192.00% $33,772 $98,500ILYes
4 Valparaiso University 116.00% $30,000 $64,840INYes
5 Western New England University 112.00% $36,000 $76,300MAYes
6 Arizona State University 106.00% $60,393 $124,664AZYes
7 University of California, Davis 14.00% $95,438 $109,075CAYes
8 Stevens Institute of Technology 4.00% $81,880 $85,398NJYes

ROI for Online MBA Programs

  • Average: 196%
  • Lowest: 112%
  • Highest: 116%

10 Highest ROI for Online MBA Programs in Engineering

  1. University of Southern Indiana - 409.00%
  2. Lamar University - 384.00%
  3. University of Illinois at Urbana-Champaign - 192.00%
  4. Valparaiso University - 116.00%
  5. Western New England University - 112.00%
  6. Arizona State University - 106.00%
  7. University of California, Davis - 14.00%
  8. Stevens Institute of Technology - 4.00%

10 Lowest ROI for Online MBA Programs in Engineering

  1. Stevens Institute of Technology - 4.00%
  2. University of California, Davis - 14.00%
  3. Arizona State University - 106.00%
  4. Western New England University - 112.00%
  5. Valparaiso University - 116.00%
  6. University of Illinois at Urbana-Champaign - 192.00%
  7. Lamar University - 384.00%
  8. University of Southern Indiana - 409.00%

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

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 scores full-time MBA programs in Engineering is 552 with a highest of 610 and the lowest of 493

The average GMAT score needed for a Engineering MBA program from an institution is between 493 from Lawrence Technological University to 610 from Arizona State University. The average GMAT scores for Engineering MBA programs is 552.

It’s important to note that not all MBA programs require a GMAT Score for admissions, but most reputable programs do. With that being said, if you have your eye on a list of competitive programs, it’s best to boost your GMAT Score accordingly. Outside of a solid GMAT Score, B-School admissions departments look at a candidate’s undergraduate GPA, professional experience, letters of recommendation, CV, and personal statement. A strong undergraduate performance may offset a sub-part GMAT Score. The average GMAT Score for on-campus MBA programs in Engineering is a 551.50 compared to an average MBA program score of 551.50. It is recommended that each B-School applicant take a GMAT diagnostic test in order to determine whether or not further study and/or a prep course is needed to boost your score.

Average GMAT Score for Online MBA Programs in Engineering

  • Average: 552
  • Lowest: 493
  • Highest: 610

10 Lowest GMAT for Online MBA Programs in Engineering

  1. Lawrence Technological University - 450
  2. Western New England University - 493
  3. Lamar University - 495
  4. University of Southern Indiana - 528
  5. University of Illinois at Urbana-Champaign - 609
  6. Valparaiso University - 610
  7. Stevens Institute of Technology - 653
  8. University of California, Davis - 657
  9. Boston University - 683
  10. Arizona State University - 684

10 Highest GMAT for Online MBA Programs in Engineering

  1. Arizona State University - 684
  2. Boston University - 683
  3. University of California, Davis - 657
  4. Stevens Institute of Technology - 653
  5. Valparaiso University - 610
  6. University of Illinois at Urbana-Champaign - 609
  7. University of Southern Indiana - 528
  8. Lamar University - 495
  9. Western New England University - 493
  10. Lawrence Technological University - 450

No GMAT or GRE: Best Online MBA Programs in Engineering

More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.

Rank University GMAT Online College Name Based In
1 University of Wisconsin-Madison Optional Yes Wisconsin School of Business Madison, WI
2 Michigan State University Optional Yes The Eli Broad College of Business East Lansing, MI
3 The University of Georgia Optional Yes Terry College of Business Athens, GA
4 University of Massachusetts Boston No Yes College of Management Boston, MA
5 Southern Methodist University Optional Yes Edwin L. Cox School of Business Dallas, TX
6 University of St. Thomas-Minnesota No Yes Opus College of Business Minneapolis, MN
7 University of Maryland Optional Yes Robert H. Smith School of Business College Park, MD
8 The Pennsylvania State University No Yes Smeal College of Business University Park, PA
9 American University No Yes Kogod School of Business Washington, DC
10 Fordham University Optional Yes Gabelli School of Business Bronx, NY
11 University of Hartford No Yes Barney School of Business West Hartford, CT
12 The University of Michigan Optional Yes Stephen M. Ross School of Business Ann Arbor, MI
13 New Jersey Institute of Technology No Yes Martin Tuchman School of Management Newark, NJ
14 Northeastern University Optional Yes D'Amore-McKim School of Business Boston, MA
15 Washington University in St. Louis No Yes Olin Business School St. Louis, MO
16 University of California, Davis Optional Yes Graduate School of Management Davis, CA
17 University of Cincinnati Optional Yes Carl H. Lindner College of Business Cincinnati, OH
18 University of Delaware No Yes Alfred Lerner College of Business and Economics Newark, DE
19 Babson College Optional Yes F.W. Olin Graduate School of Business Babson Park, MA
20 Georgia State University Optional Yes J. Mack Robinson College of Business Atlanta, GA
21 The Pennsylvania State University Great Valley No Yes School of Graduate Professional Studies Malvern, PA
22 University of Illinois at Urbana-Champaign Optional Yes Gies College of Business Champaign, IL
23 George Mason University Optional Yes School of Business Fairfax, VA
24 Xavier University No Yes Williams College of Business Cincinnati, OH
25 Queens University of Charlotte Optional Yes McColl School of Business Charlotte, NC

Alumni from Schools Offering an Online MBA in Engineering

The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated when considering an MBA program. The average MBA enrollment size has a direct impact on your studies, your job prospects, your ability to define your career goals and after graduation connections.

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 Engineering MBA programs, the range for full-time enrollment is between 0 and 0. For part-time enrollment, the range is between : 0.00 and : 0.00.

Average Enrollment for Online MBA Programs Offering an MBA in Engineering

  • Lowest: 0 from Purdue University Global
  • Highest: 0 from Purdue University Global
  • Average: 0 from 2 MBA Programs.

10 Online MBA Programs with the Highest Enrollment (Alumni)

  1. Boston University - 1,590
  2. Arizona State University - 1,328
  3. University of Illinois at Urbana-Champaign - 1,000
  4. University of Southern Indiana - 635

10 Online MBA Programs with the Smallest Enrollment (Alumni)

  1. University of Southern Indiana - 635
  2. University of Illinois at Urbana-Champaign - 1,000
  3. Arizona State University - 1,328
  4. Boston University - 1,590

Top 10 Concentrations Available from Schools Also Offering an Online Degree in Engineering?

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 Engineering businesses, MBA programs here have risen to the challenge by offering you an array of more than 47 MBA concentrations including:

  • Engineering: 10
  • General Business: 10
  • Accounting: 8
  • Information Systems: 8
  • Marketing: 8
  • Finance: 8
  • Management: 7
  • Data Analytics: 6
  • Corporate Finance: 6
  • Healthcare Administration: 4

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

  • David B. O’Maley College of Business: 30
  • Nova Southeastern University: 25
  • University of Cincinnati: 24
  • Suffolk University: 23
  • Drexel University: 23
  • Temple University: 23
  • University of Baltimore: 22
  • The Ohio State University: 22
  • Georgia State University: 22
  • Marquette University: 21

The Importance of MBA Accreditation for Online MBA Programs

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.

Online MBA Program Options Available for Engineering

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

There are 4 Engineering accredited MBA programs. 0 private and 6 public schools offering Engineering MBA programs.

Number of Award Earned for Online MBA Programs Offering an Engineering Degree

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 4 accredited MBA programs offered in Engineering, 11 of them have been recognized by at least one distinguished publication MBAGuide, PQ, US News, Forbes, Economist, BW and FT garnering an award as one of the best MBA programs in the country.

  • Boston University: 7
  • Arizona State University: 7
  • University of Illinois at Urbana-Champaign: 6
  • University of California, Davis: 5
  • Stevens Institute of Technology: 3
  • Western New England University: 1
  • University of Southern Indiana: 1
  • Lamar University: 1
  • Valparaiso University: 1

Publications and the number of awards granted for an MBA degree in Engineering :

  • MBAGuide: 9
  • US News: 5
  • Forbes: 4
  • Economist: 3
  • BW: 3
  • FT: 3

How We Rank the Best Online MBA Programs in Engineering

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.

Concentration-by-Concentration: Online and In-Person

Best MBA Programs by Concentration: Online and In-Person

  • Accounting – Online | In-Person
  • Actuarial Science – Online | In-Person
  • Arts – Online | In-Person
  • Business Administration – Online | In-Person
  • Communications – Online | In-Person
  • Consulting – Online | In-Person
  • Corporate Finance – Online | In-Person
  • Cybersecurity – Online | In-Person
  • Data Analytics – Online | In-Person
  • E-Commerce – Online | In-Person
  • Economics – Online | In-Person
  • Education – Online | In-Person
  • Energy – Online | In-Person
  • Engineering – Online | In-Person
  • Entrepreneurship – Online | In-Person
  • Ethics – Online | In-Person
  • Finance – Online | In-Person
  • Financial Management – Online | In-Person
  • Global Management – Online | In-Person
  • Healthcare Administration – Online | In-Person
  • Hospitality Management – Online | In-Person
  • Human Resources – Online | In-Person
  • Information Systems – Online | In-Person
  • Innovation Management – Online | In-Person
  • Insurance – Online | In-Person
  • International Business – Online | In-Person
  • Law – JD MBA – Online | In-Person
  • Leadership – Online | In-Person
  • Management – Online | In-Person
  • Manufacturing – Online | In-Person
  • Marketing – Online | In-Person
  • Non-Profit Management – Online | In-Person
  • Operations Management – Online | In-Person
  • Organizational Behavior – Online | In-Person
  • Product Management – Online | In-Person
  • Project Management – Online | In-Person
  • Public Administration – Online | In-Person
  • Quantitative Methods – Online | In-Person
  • Real Estate – Online | In-Person
  • Sports Management – Online | In-Person
  • Statistics – Online | In-Person
  • Supply Chain Management – Online | In-Person
  • Sustainability Management – Online | In-Person
  • Taxation – Online | In-Person
  • Technology Management – 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.

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

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