Best Massachusetts MBA Schools and Programs

Your Guide to a 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.

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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, MA
MBA Concentrations
  • Entrepreneurship & Innovations
 Retention %
97%		 Graduation %
98%		 Accreditation
AACSB		 Average Salary
$153,700		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
7:1
Massachusetts Institute of Technology Location
Cambridge, MA
MBA Concentrations
  • Enterprise Management
  • Entrepreneurship and Innovation
  • Finance
 Retention %
99%		 Graduation %
96%		 Accreditation
AACSB		 Average Salary
$140,800		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
3:1
Boston College Location
Chestnut Hill, MA
MBA Concentrations
  • Entrepreneurship
  • Finance
  • Marketing
  • Operations & Technology Management
  • Strategy & Innovation Concentration
 Retention %
95%		 Graduation %
92%		 Accreditation
AACSB		 Average Salary
$113,600		 Hybrid
NA		 Part-Time
Yes		 Student-to-faculty
13:1
Worcester Polytechnic Institute Location
Worcester, MA
MBA Concentrations
  • Entrepreneurship
  • Information Security Management, Information Technology
  • Marketing
  • Operations Management
  • Process Design
  • Supply Chain Management
  • Sustainability
  • Technological Innovation
 Retention %
95%		 Graduation %
89%		 Accreditation
AACSB		 Average Salary
$107,900		 Hybrid
Yes		 Part-Time
NA		 Student-to-faculty
14:1
University of Massachusetts-Amherst Location
Amherst, MA
MBA Concentrations
  • Business Analytics
  • Entrepreneurship
  • Finance
  • Healthcare Administration
  • Marketing
  • Sports Management
 Retention %
91%		 Graduation %
83%		 Accreditation
AACSB		 Average Salary
$99,200		 Hybrid
Yes		 Part-Time
Yes		 Student-to-faculty
17:1
Bentley University Location
Waltham, MA
MBA Concentrations
  • Accounting
  • Business Analytics
  • Economics of Financial Markets
  • Finance
  • Information Systems and Technology
  • Law and Taxation
  • Leadership
  • Marketing
 Retention %
92%		 Graduation %
90%		 Accreditation
AACSB		 Average Salary
$101,500		 Hybrid
Yes		 Part-Time
Yes		 Student-to-faculty
11:1
Babson College Location
Wellesley, MA
MBA Concentrations
  • Business Analytics
  • Entrepreneurship
  • Finance
  • Global Management
  • Marketing
 Retention %
95%		 Graduation %
95%		 Accreditation
AACSB		 Average Salary
$120,800		 Hybrid
Yes		 Part-Time
Yes		 Student-to-faculty
14:1
Boston University Location
Boston, MA
MBA Concentrations
  • Brand Management
  • Corporate Finance
  • Customer Analytics
  • Innovation & Entrepreneurship
  • Leadership & Organizational Transformation
  • Operations & Technology Management
  • Strategy
  • Strategy Consulting
 Retention %
94%		 Graduation %
89%		 Accreditation
AACSB		 Average Salary
$105,600		 Hybrid
NA		 Part-Time
Yes		 Student-to-faculty
10:1
Northeastern University Location
Boston, MA
MBA Concentrations
  • Finance
  • Healthcare Management
  • High Technology Management
  • Innovation Entrepreneurship
  • International Management
  • Management
  • Marketing
  • Supply Chain Management
  • Sustainability
 Retention %
99%		 Graduation %
90%		 Accreditation
AACSB		 Average Salary
$77,599		 Hybrid
Yes		 Part-Time
Yes		 Student-to-faculty
14:1
Western New England University Location
Springfield, MA
MBA Concentrations
  • Accounting
  • Leadership
 Retention %
76%		 Graduation %
64%		 Accreditation
AACSB		 Average Salary
$96,600		 Hybrid
Yes		 Part-Time
Yes		 Student-to-faculty
13:1
Assumption University Location
Worcester, MA
MBA Concentrations
  • CPA Track
  • Healthcare Management
  • Management
 Retention %
84%		 Graduation %
73%		 Accreditation
No		 Average Salary
$72,000		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
12:1
University of Massachusetts-Lowell Location
Lowell, MA
MBA Concentrations
  • Accounting
  • Finance
  • Information Technology
  • Marketing
 Retention %
83%		 Graduation %
69%		 Accreditation
AACSB		 Average Salary
$75,825		 Hybrid
Yes		 Part-Time
NA		 Student-to-faculty
17:1
Clark University Location
Worcester, MA
MBA Concentrations
  • Accounting
  • Finance
  • Information Management and Business Analytics
  • Management
  • Marketing
  • Social Change and Sustainabilit
 Retention %
86%		 Graduation %
75%		 Accreditation
AACSB		 Average Salary
$87,900		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
11:1
Brandeis University Location
Waltham, MA
MBA Concentrations
  • Data Analytics
  • Finance
  • Marketing
  • Real Estate
  • Strategy and Innovation
 Retention %
93%		 Graduation %
89%		 Accreditation
AACSB		 Average Salary
$74,776		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
10:1
Endicott College Location
Beverly, MA
MBA Concentrations
  • Accounting
  • Entrepreneurship
  • Finance
  • Healthcare Administration
  • Homeland Security
  • Hotel Management
  • Human Resources Management
  • International Business
  • Management
  • Maritime Economics
  • Marketing
  • Operations Management
  • Project Management
 Retention %
86%		 Graduation %
79%		 Accreditation
No		 Average Salary
$62,187		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
11:1
Suffolk University Location
Boston, MA
MBA Concentrations
  • Accounting
  • Entrepreneurship
  • Finance
  • International Business
  • Marketing
  • Strategic Management
 Retention %
77%		 Graduation %
60%		 Accreditation
AACSB		 Average Salary
$94,200		 Hybrid
NA		 Part-Time
Yes		 Student-to-faculty
15:1
University of Massachusetts-Dartmouth Location
Dartmouth, MA
MBA Concentrations
No		 Retention %
70%		 Graduation %
52%		 Accreditation
AACSB		 Average Salary
$87,700		 Hybrid
Yes		 Part-Time
NA		 Student-to-faculty
16:1
Emmanuel College Boston Location
Boston, MA
MBA Concentrations
  • Accounting
  • Business law
  • Data analysis
  • Economics
  • Finance
  • Human resource management
  • Leadership
  • Marketing management
  • Operations
  • Organizational strategy
 Retention %
79%		 Graduation %
62%		 Accreditation
No		 Average Salary
$71,293		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
13:1
Anna Maria College Location
Paxton, MA
MBA Concentrations
  • Health Care Administration
  • Human Resource Management
  • Industrial and Organizational Psychology
  • Marketing
 Retention %
65%		 Graduation %
50%		 Accreditation
No		 Average Salary
$81,468		 Hybrid
NA		 Part-Time
NA		 Student-to-faculty
12:1
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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.

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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.

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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.

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.

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  • 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.

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