Best Massachusetts MBA Schools and Programs

Your Guide to an Massachusetts MBA Career, Curriculum and Education

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What Can You Do With an MBA in Massachusetts


If you’re looking for a six-figure income and a rewarding professional business career, even with experience an MBA is virtually a necessity. For many in the workforce, the demands of their job and family make pursuing a traditional academic, full-time MBA very difficult, if not impossible. Many individuals want the flexibility and lack of geographic limitation, making admission to an MBA online rather than one on a college campus is a smart decision, with options that can be pursued from any city or town in the U.S.

Why Consider an Online MBA?


Massachusetts is virtually synonymous with higher education. Some of the best universities in the world are found within the Bay State. An MBA is a must for leaders who seriously intend to climb the corporate ladder, and Massachusetts universities are well regarded nationally and globally. Arguably, there’s no better place for applicants to get their MBA.

Percentage of Students Enrolled By Distance Education


Typical MBA Concentrations


There are many paths to follow once you decide to search for a graduate school program that is designed to let you master the skills that can launch your career in whatever direction you choose. This is often done through concentrations that let students focus on what field they study. The breadth of concentrations business schools offer cannot be covered here but includes policy creation, human resources, business management, finance, operations management, organizational innovation, international business, business analytics, social impact, strategic management, info systems, and more. Even with options in all these areas, most students finish their required credits in a little over a year unless they choose a longer part-time program that covers the same content over a longer period. The MBA programs Massachusetts offers vary, but below are some of the most common in the state.

  • Entrepreneurship
    MBA students who want to run their own companies might consider an entrepreneurship specialization. This concentration will center around starting and running a business, financing such ventures, and developing effective business plans. It is also a useful concentration for those who plan to consult for startups and similar opportunities within their community.
  • Healthcare Management
    Healthcare management and administration is among the fastest-growing fields, and an aging population means that growth is likely to continue far into the future. This concentration gives students the specialized skill sets necessary for the management of such facilities, which offer a wide variety in terms of settings in which you could choose to work, though the main source of employment for alumni is larger hospitals and short-term care.
  • High Technology Management
    Technology’s role in the corporate world continues to grow, and graduates with an MBA concentration in technology management can reap the benefits. It is also one of the more lucrative MBA fields, with candidates not only earning top dollar but finding their expertise in real demand worldwide.
  • International Management
    This concentration prepares the MBA student for today’s globalized business world. In addition to management abilities, students enrolled in this concentration gain the skills needed for a career full of success in an international environment.
  • Sustainability
    You can think of this concentration as the Green MBA. The future belongs to companies that are environmentally sustainable and can turn a profit. Such a concentration is also useful for a person who may deal with government environmental regulation requirements for their company over the course of their time working there.

Accreditation in Massachusetts


Look for schools accredited by the Association to Advance Collegiate Schools of Business (AACSB), the gold standard for business school accreditation. You should also want a college accredited by the regional New England Association of Schools and Colleges. You likely heard something about this before you ever entered a class for your undergraduate degree. Without accreditation, credit cannot be transferred and you cannot receive federal funding for your educational experience, per the rules of the federal government.

Top Employers in the State by Number of Employees


Company Industry Headquarters City Number of Employees
General Electric Multinational conglomerate Boston 295,000
The TJX Companies Apparel home furnishings retailer Framingham 235,000
Showcase Movie theaters Norwood 133,269
Dell EMC Computer storage Hopkinton 70,000
Raytheon Defense contractor Waltham 63,000

Average Degree Salary Ranges Potential


  • Earnings with Associates - $60,462
  • Earnings with Bachelors - $65,724
  • Earnings with MBA - $97,809

Careers for Massachusetts MBA Grads


  • Business Development Director
    The person in this role is responsible for increasing a company’s revenue through the identification and development of new business opportunities. The business development director is in charge of the company’s long-term goals and objectives, and also uses the latest technology to keep the company competitive.
  • Controller
    The person in this position serves as a company’s chief accounting officer and reports to the organization’s CFO. In non-profit organizations or in government, this position is known as comptroller. The controller oversees budgets, payroll, financial data and tax preparation. If a company is publicly traded, the controller is responsible for filing public financial documents.
  • Financial Advisor
    A financial advisor offers planning for all aspects of their clients’ lives, including retirement, investments, and life insurance. The advisor bases their recommendations on the client’s lifestyle and risk tolerance. Financial planning includes tax and estate considerations.
  • Global Marketing Manager
    This person handles a company’s services or product worldwide. This includes developing company brands and conducting market research according to the local cultures. In some instances, the person in this role expands a company’s presence from national to international.
  • Product Manager
    As a product manager, this person researches the needs of consumers or businesses and develops appropriate products. A product manager serves as the guiding force behind a product from the initial idea to its launch. The abilities to strategize and communicate are paramount. A project’s success or failure often falls on the shoulders of the project manager. Responsibilities include project development and execution, team management and keeping the project within budget.

Best MBA Programs in Massachusetts


In Massachusetts you have many choices when it comes to attending one of the best MBA programs. Going to that next level and obtaining your graduate degree is an important decision. Our list of MBA rankings in Massachusetts can help you choose which college program meets some of your requirements. We use a specific formula to help us rank the best MBA programs using: retention rate, graduation rate, cost of tuition, graduates salary, student to faculty ratio, hybrid and online MBA options and concentration options.

Harvard University Location
Cambridge, ME
MBA Concentrations
  • Entrepreneurship & Innovations
Tuition
$50,923
Retention %
97%
Graduation %
97%
Avg. Grad Salary
$92,762
Boston University Location
Boston, ME
MBA Concentrations
  • Brand Management
  • Corporate Finance
  • Customer Analytics
  • Innovation & Entrepreneurship
  • Leadership & Organizational Transformation
  • Operations & Technology Management
  • Strategy
  • Strategy Consulting
Tuition
$57,502
Retention %
94%
Graduation %
88%
Avg. Grad Salary
$78,190
Bentley University Location
Waltham, ME
MBA Concentrations
  • Accounting
  • Business Analytics
  • Economics of Financial Markets
  • Finance
  • Information Systems and Technology
  • Law and Taxation
  • Leadership
  • Marketing
Tuition
$40,935
Retention %
92%
Graduation %
90%
Avg. Grad Salary
$80,562
Massachusetts Institute of Technology Location
Cambridge, ME
MBA Concentrations
  • Finance
  • Entrepreneurship and Innovation
  • Enterprise Management
Tuition
$59,221
Retention %
99%
Graduation %
95%
Avg. Grad Salary
$111,593
Fitchburg State University Location
Fitchburg, ME
MBA Concentrations
  • Management
  • Human Resources Management
Tuition
$8,613
Retention %
74%
Graduation %
58%
Avg. Grad Salary
$67,021
Boston College Location
Chestnut Hill, ME
MBA Concentrations
  • Entrepreneurship
  • Finance
  • Marketing
  • Operations & Technology Management
  • Strategy & Innovation Concentration
Tuition
$31,936
Retention %
95%
Graduation %
94%
Avg. Grad Salary
$77,095
Assumption College Location
Worcester, ME
MBA Concentrations
  • Accounting
  • Finance/Economics
  • Human Resources
  • International Business
  • Management
  • Marketing
  • Nonprofit Leadership
Tuition
$13,087
Retention %
84%
Graduation %
70%
Avg. Grad Salary
$66,925
Nichols College Location
Dudley, ME
MBA Concentrations
  • Human Resources
  • Project Management
  • Data Analytics
  • Cybersecurity
  • Critical Thinking
Tuition
$283
Retention %
76%
Graduation %
59%
Avg. Grad Salary
$66,436
University of Massachusetts-Boston Location
Boston, ME
MBA Concentrations
  • Accounting
  • Business Analytics
  • Entrepreneurship
  • Environmental Management
  • Finance
  • Healthcare Management
  • Healthcare Informatics
  • Human Resource Management
  • Information Systems
  • International Management
  • Internet Marketing
  • Leadership & Organizational Change
  • Marketing
  • Nonprofit Management
  • Supply Chain and Service Management
Tuition
$19,569
Retention %
75%
Graduation %
49%
Avg. Grad Salary
$72,742
Northeastern University Location
Boston, ME
MBA Concentrations
  • Finance
  • Management
  • Healthcare Management
  • High Technology Management
  • Innovation Entrepreneurship
  • International Management
  • Marketing
  • Supply Chain Management
  • Sustainability
Tuition
$25,886
Retention %
99%
Graduation %
89%
Avg. Grad Salary
$77,599
Williams College Location
Williamsrown, ME
MBA Concentrations
  • Business Intelligence
  • Finance
  • General Business
  • Innovation, Change and Entrepreneurship
  • International Business
  • Marketing
  • Pricing Strategy
  • Supply Chain Management
  • Values-Based Leadership
Tuition
$57,961
Retention %
97%
Graduation %
95%
Avg. Grad Salary
$78,298
Babson College Location
Wellesley, ME
MBA Concentrations
  • Business Analytics
  • Entrepreneurship
  • Finance
  • Global Management
  • Marketing
Tuition
$97,207
Retention %
95%
Graduation %
83%
Avg. Grad Salary
$76,282
Suffolk University Location
Boston, ME
MBA Concentrations
  • Accounting
  • Entrepreneurship
  • Finance
  • International Business
  • Marketing
  • Strategic Management
Tuition
$42,687
Retention %
77%
Graduation %
58%
Avg. Grad Salary
$60,561
University of Massachusetts-Amherst Location
Amherst, ME
MBA Concentrations
  • Business Analytics
  • Entrepreneurship
  • Finance
  • Healthcare Administration
  • Marketing
  • Sports Management
Tuition
$16,648
Retention %
91%
Graduation %
82%
Avg. Grad Salary
$72,768
Worcester Polytechnic Institute Location
Worcester, ME
MBA Concentrations
  • Entrepreneurship
  • Information Security Management
  • Information Technology
  • Marketing
  • Operations Management
  • Process Design
  • Supply Chain Management
  • Sustainability
  • Technological Innovation
Tuition
$29,235
Retention %
95%
Graduation %
89%
Avg. Grad Salary
$84,377
Simmons College Location
Boston, ME
MBA Concentrations
No
Tuition
$21,742
Retention %
75%
Graduation %
0%
Avg. Grad Salary
$65,814
Brandeis University Location
Waltham, ME
MBA Concentrations
  • Data Analytics
  • Finance
  • Marketing
  • Real Estate
  • Strategy and Innovation
Tuition
$53,912
Retention %
93%
Graduation %
87%
Avg. Grad Salary
$74,776
University of Massachusetts-Dartmouth Location
Dartmouth, ME
MBA Concentrations
No
Tuition
$17,513
Retention %
70%
Graduation %
59%
Avg. Grad Salary
$70,925
Endicott College Location
Beverly, ME
MBA Concentrations
  • Accounting
  • Entrepreneurship
  • Finance
  • Management
  • Healthcare Administration
  • Homeland Security
  • Hotel Management
  • Human Resources Management
  • International Business
  • Marketing
  • Nonprofit Management
  • Operations Management
  • Maritime Economics
  • Project Management
Tuition
$12,930
Retention %
86%
Graduation %
74%
Avg. Grad Salary
$62,187
Clark University Location
Worcester, ME
MBA Concentrations
  • Accounting
  • Expanded Accounting
  • Finance
  • Management
  • Information Management and Business Analytics
  • Marketing
  • Social Change and Sustainabilit
Tuition
$64,377
Retention %
86%
Graduation %
79%
Avg. Grad Salary
$66,645
Cambridge College Location
Boston, ME
MBA Concentrations
  • Business Analytics
  • Marketing
  • Project Quality Management
Tuition
$15,23
Retention %
22%
Graduation %
8%
Avg. Grad Salary
$64,468
Tufts University Location
Medford, ME
MBA Concentrations
No
Tuition
$55,165
Retention %
96%
Graduation %
94%
Avg. Grad Salary
$80,611
Salem State University Location
Salem, ME
MBA Concentrations
  • Digital Studies Certificate
  • Financial Planning Certificate
  • Foundations of Computer Science Certificate
  • Global Policy Analysis Certificate
  • Public History Certificate
  • Public Policy and Administration Certificate
  • Sports Development and Management
  • Strategic Communications Certificate
  • Teacher Leadership
Tuition
$8,938
Retention %
73%
Graduation %
57%
Avg. Grad Salary
$65,258
Merrimack College Location
North Andover, ME
MBA Concentrations
No
Tuition
$31,259
Retention %
83%
Graduation %
79%
Avg. Grad Salary
$68,956
Framingham State University Location
Framingham, ME
MBA Concentrations
  • Biotechnology
  • Management
Tuition
$12,634
Retention %
74%
Graduation %
61%
Avg. Grad Salary
$63,092
Stonehill College Location
North Easton, ME
MBA Concentrations
  • Accounting
  • Finance
  • International Business
  • Management
  • Marketing
  • Sports Management
Tuition
$25,000
Retention %
82%
Graduation %
82%
Avg. Grad Salary
$70,470
Lasell College Location
Newton, ME
MBA Concentrations
  • Professional MBA
Tuition
$10,960
Retention %
74%
Graduation %
59%
Avg. Grad Salary
$56,830
University of Massachusetts-Lowell Location
Lowell, ME
MBA Concentrations
  • Accounting
  • Finance
  • Information Technology
  • Marketing
Tuition
$14,590
Retention %
83%
Graduation %
66%
Avg. Grad Salary
$75,825
Western New England University Location
Springfield, ME
MBA Concentrations
  • Accounting
  • Leadership
Tuition
$25,056
Retention %
76%
Graduation %
65%
Avg. Grad Salary
$74,771
Anna Maria College Location
Paxton, ME
MBA Concentrations
  • Health Care Administration
  • Human Resource Management
  • Industrial and Organizational Psychology
  • Marketing
Tuition
$10,530
Retention %
65%
Graduation %
46%
Avg. Grad Salary
$81,468
Worcester State University Location
Worcester, ME
MBA Concentrations
No
Tuition
$3,042
Retention %
79%
Graduation %
58%
Avg. Grad Salary
$66,347
Mount Holyoke College Location
South Hadley, ME
MBA Concentrations
No
Tuition
$27,900
Retention %
93%
Graduation %
83%
Avg. Grad Salary
$70,030
Emmanuel College (Massachusetts) Location
Boston, ME
MBA Concentrations
  • Business law
  • Accounting
  • Finance
  • Operations
  • Data analysis
  • Human resource management
  • Marketing management
  • Leadership
  • Economics
  • Organizational strategy
Tuition
$14,319
Retention %
79%
Graduation %
66%
Avg. Grad Salary
$71,293
Bay Path University Location
Longmeadow, ME
MBA Concentrations
  • Entrepreneurial Thinking & Innovative Practices
Tuition
$14,670
Retention %
68%
Graduation %
54%
Avg. Grad Salary
$58,909
Bridgewater State University Location
Bridgewater, ME
MBA Concentrations
  • Economics
  • Finance
  • Marketing
  • Operations
  • Management
  • Accounting
Tuition
$1,675
Retention %
77%
Graduation %
61%
Avg. Grad Salary
$64,003
American International College Location
Springfield, ME
MBA Concentrations
No
Tuition
$11,579
Retention %
69%
Graduation %
44%
Avg. Grad Salary
$66,087
Curry College Location
Milton, ME
MBA Concentrations
  • Healthcare Management
Tuition
$16,430
Retention %
65%
Graduation %
52%
Avg. Grad Salary
$72,473
Springfield College Location
Springfield, ME
MBA Concentrations
  • Nonprofit Management
Tuition
$32,190
Retention %
86%
Graduation %
74%
Avg. Grad Salary
$58,498
Berklee College of Music Location
Boston, ME
MBA Concentrations
  • Music Business
Tuition
$42,973
Retention %
86%
Graduation %
65%
Avg. Grad Salary
$62,249
Full Ranking Report

How to Choose & FAQ's


Choosing an online MBA in Massachusetts is one of the most important educational decisions you could ever make, so it’s crucial to ensure that you and the university are a good fit. What works for one online MBA candidate will not necessarily work for another, as an MBA education is not one-size-fits-all. When doing your research, list your must-haves, what you would prefer to have, and anything that rules out a particular program.

  • Affordability
    Online tuition for an MBA is not necessarily less expensive than its traditional counterpart, but such a degree is affordable in other ways. You don’t have the commuting expenses relating to an on-campus MBA, and, as time is money, you can make better use of it than you otherwise would traveling. If your employer is reimbursing you for your degree, you may have limits on the amount of tuition money available unless you want to pay for some of the tuition out of pocket. However, the very nature of online programs means that there is less often a differential between in-state and out-of-state students, as is so often the case with brick and mortar universities.
  • Flexibility
    When you enroll in an online MBA program, flexibility is key. It is the likely reason you decided to pursue an online rather than on-campus program in the first place. Your time constraints may not allow you to finish your degree in the traditional two years, but an online program may permit you to complete your degree in twice that long. You should also see if they require a minimum number of courses completed each semester. If you don’t think your schedule will allow you to complete four each semester, look for somewhere with a less demanding workload. At the other end of the spectrum, perhaps you want to complete your degree as soon as possible. There are online MBAs you can finish in 18 months or less.
  • Curriculum and Faculty
    Make sure you’ll have access as an online student to the same quality of curriculum and faculty as your in-class peers. Even though you won’t meet instructors and students face to face, you want the ability to interact with professors, as well as make connections with fellow students through the school’s online learning program. Such connections are a vital part of an MBA and there is no reason to sacrifice their importance simply because you are a distance learner.
  • Concentrations
    There is nothing wrong with a standard MBA, but if you have specific job goals, you may want an MBA with a specialized concentration. To that end, you must find a school offering that specialization. While that does reduce the number of online programs in which you may enroll, it is important to have a fit as close as possible when you have a specific goal in mind. There’s also the competitive edge; if you want to work in healthcare management, for example, you have an advantage when job seeking if you’ve earned a degree with such a concentration over someone with a regular MBA.
  • Synchronous or Asynchronous
    When it comes to online MBA scheduling, you’ll deal with two basic types: synchronous or asynchronous. The former refers to regularly scheduled classes that everyone “attends” online at the same time, while the latter allows you to set your own schedule. When using either system, group projects may require you to coordinate with students in other time zones and countries, so what is evening for you is morning for an online colleague across the globe. You’ll become familiar with the best technology for such communication. Once you receive your degree, this approach will be useful, as this is the way business is increasingly conducted internationally.

MBA Degrees, Career Paths & Resources


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