Best Online MBA Degree Programs in New Jersey for 2024

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What Can You Do With an MBA in New Jersey

New Jersey is a relatively small state with a dense population. There are nearly nine million residents in New Jersey, and the metropolitan areas include large cities in the Greater New York City area. New Brunswick, Madison, and Newark are economic hubs that hold major corporate headquarters. New Jersey has many top-rated colleges and Universities including Rutgers, Princeton, and Seton Hall. This is an excellent place to find an MBA program to advance an existing career or open new doors. For those seeking an online MBA, New Jersey offers excellent schools, flexible programs, and many prospects for employment with leading national and global businesses.

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Top 25 Best MBA Programs in New Jersey

Rutgers University-New Brunswick

Score: 83.51

Graduate Tuition
- In-State: $19,824
- Out-of-State: $33,720
Net Price: $17,535
Acceptance Rate: 66%
Retention Rate: 92%

Graduation Rate: 84%
Total Enrollment: 50,637
Undergrad Students: 36,344
Graduate Students: 14,293
Grads Salary: $81,000
Student-to-faculty: 15:1

Stevens Institute of Technology

Score: 83.35

Graduate Tuition
- In-State: $41,380
- Out-of-State: $41,380
Net Price: $41,689
Acceptance Rate: 46%
Retention Rate: 93%

Graduation Rate: 88%
Total Enrollment: 9,314
Undergrad Students: 4,070
Graduate Students: 5,244
Grads Salary: $101,000
Student-to-faculty: 11:1

New Jersey Institute of Technology

Score: 83.04

Graduate Tuition
- In-State: $22,534
- Out-of-State: $33,318
Net Price: $17,762
Acceptance Rate: 66%
Retention Rate: 89%

Graduation Rate: 74%
Total Enrollment: 12,332
Undergrad Students: 9,019
Graduate Students: 3,313
Grads Salary: $88,000
Student-to-faculty: 15:1

The College of New Jersey

Score: 80.46

Graduate Tuition
- In-State: $16,167
- Out-of-State: $16,167
Net Price: $22,273
Acceptance Rate: 64%
Retention Rate: 90%

Graduation Rate: 86%
Total Enrollment: 7,629
Undergrad Students: 7,039
Graduate Students: 590
Grads Salary: $77,000
Student-to-faculty: 13:1

Rutgers University-Newark

Score: 77.79

Graduate Tuition
- In-State: $19,824
- Out-of-State: $33,720
Net Price: $16,578
Acceptance Rate: 74%
Retention Rate: 82%

Graduation Rate: 66%
Total Enrollment: 11,017
Undergrad Students: 7,511
Graduate Students: 3,506
Grads Salary: $82,000
Student-to-faculty: 13:1

Saint Peter's University

Score: 77.18

Graduate Tuition
- In-State: $15,210
- Out-of-State: $15,210
Net Price: $11,996
Acceptance Rate: 89%
Retention Rate: 78%

Graduation Rate: 60%
Total Enrollment: 3,430
Undergrad Students: 2,071
Graduate Students: 1,359
Grads Salary: $83,000
Student-to-faculty: 11:1

Ramapo College of New Jersey

Score: 76.47

Graduate Tuition
- In-State: $20,444
- Out-of-State: $20,444
Net Price: $16,262
Acceptance Rate: 70%
Retention Rate: 84%

Graduation Rate: 70%
Total Enrollment: 5,478
Undergrad Students: 4,932
Graduate Students: 546
Grads Salary: $75,000
Student-to-faculty: 16:1

Rutgers University-Camden

Score: 75.33

Graduate Tuition
- In-State: $19,824
- Out-of-State: $32,664
Net Price: $14,151
Acceptance Rate: 77%
Retention Rate: 79%

Graduation Rate: 65%
Total Enrollment: 5,966
Undergrad Students: 4,185
Graduate Students: 1,781
Grads Salary: $75,000
Student-to-faculty: 13:1

Montclair State University

Score: 72.31

Graduate Tuition
- In-State: $14,562
- Out-of-State: $14,562
Net Price: $13,742
Acceptance Rate: 91%
Retention Rate: 81%

Graduation Rate: 65%
Total Enrollment: 21,784
Undergrad Students: 17,290
Graduate Students: 4,494
Grads Salary: $71,000
Student-to-faculty: 17:1

Fairleigh Dickinson University-Metropolitan

Score: 72.27

Graduate Tuition
- In-State: $17,418
- Out-of-State: $17,418
Net Price: $16,030
Acceptance Rate: 84%
Retention Rate: 76%

Graduation Rate: 51%
Total Enrollment: 7,285
Undergrad Students: 5,380
Graduate Students: 1,905
Grads Salary: $82,000
Student-to-faculty: 13:1

Rowan University

Score: 71.49

Graduate Tuition
- In-State: $14,380
- Out-of-State: $14,380
Net Price: $20,963
Acceptance Rate: 77%
Retention Rate: 85%

Graduation Rate: 68%
Total Enrollment: 19,535
Undergrad Students: 15,231
Graduate Students: 4,304
Grads Salary: $71,000
Student-to-faculty: 16:1

Felician University

Score: 71.23

Graduate Tuition
- In-State: $20,610
- Out-of-State: $20,610
Net Price: $15,743
Acceptance Rate: 89%
Retention Rate: 70%

Graduation Rate: 52%
Total Enrollment: 2,148
Undergrad Students: 1,746
Graduate Students: 402
Grads Salary: $81,000
Student-to-faculty: 13:1

Rider University

Score: 71.11

Graduate Tuition
- In-State: $18,701
- Out-of-State: $18,701
Net Price: $26,388
Acceptance Rate: 84%
Retention Rate: 77%

Graduation Rate: 67%
Total Enrollment: 4,054
Undergrad Students: 3,169
Graduate Students: 885
Grads Salary: $79,000
Student-to-faculty: 10:1

Seton Hall University

Score: 70.78

Graduate Tuition
- In-State: $35,160
- Out-of-State: $35,160
Net Price: $33,472
Acceptance Rate: 75%
Retention Rate: 83%

Graduation Rate: 72%
Total Enrollment: 9,623
Undergrad Students: 6,012
Graduate Students: 3,611
Grads Salary: $81,000
Student-to-faculty: 14:1

William Paterson University of New Jersey

Score: 70.1

Graduate Tuition
- In-State: $15,948
- Out-of-State: $22,950
Net Price: $12,967
Acceptance Rate: 92%
Retention Rate: 71%

Graduation Rate: 56%
Total Enrollment: 9,070
Undergrad Students: 6,604
Graduate Students: 2,466
Grads Salary: $73,000
Student-to-faculty: 15:1

Kean University

Score: 69.96

Graduate Tuition
- In-State: $16,793
- Out-of-State: $22,082
Net Price: $10,747
Acceptance Rate: 83%
Retention Rate: 74%

Graduation Rate: 51%
Total Enrollment: 12,884
Undergrad Students: 10,845
Graduate Students: 2,039
Grads Salary: $71,000
Student-to-faculty: 16:1

Fairleigh Dickinson University-Florham

Score: 69.42

Graduate Tuition
- In-State: $23,322
- Out-of-State: $23,322
Net Price: $21,408
Acceptance Rate: 89%
Retention Rate: 80%

Graduation Rate: 61%
Total Enrollment: 2,823
Undergrad Students: 2,053
Graduate Students: 770
Grads Salary: $73,000
Student-to-faculty: 9:1

Centenary University

Score: 69.35

Graduate Tuition
- In-State: $19,098
- Out-of-State: $19,098
Net Price: $21,935
Acceptance Rate: 97%
Retention Rate: 76%

Graduation Rate: 62%
Total Enrollment: 1,498
Undergrad Students: 1,026
Graduate Students: 472
Grads Salary: $77,000
Student-to-faculty: 13:1

DeVry University-New Jersey

Score: 67.93

Graduate Tuition
- In-State: $17,072
- Out-of-State: $17,072
Net Price: $23,383
Acceptance Rate: 100%
Retention Rate: 83%

Graduation Rate: 37%
Total Enrollment: 95
Undergrad Students: 88
Graduate Students: 7
Grads Salary: $89,000
Student-to-faculty: 4:1

Monmouth University

Score: 67.05

Graduate Tuition
- In-State: $26,280
- Out-of-State: $26,280
Net Price: $31,416
Acceptance Rate: 91%
Retention Rate: 79%

Graduation Rate: 68%
Total Enrollment: 5,027
Undergrad Students: 3,811
Graduate Students: 1,216
Grads Salary: $76,000
Student-to-faculty: 12:1

Georgian Court University

Score: 66.48

Graduate Tuition
- In-State: $14,760
- Out-of-State: $14,760
Net Price: $18,187
Acceptance Rate: 76%
Retention Rate: 72%

Graduation Rate: 54%
Total Enrollment: 1,962
Undergrad Students: 1,471
Graduate Students: 491
Grads Salary: $66,000
Student-to-faculty: 10:1

Caldwell University

Score: 66.14

Graduate Tuition
- In-State: $18,990
- Out-of-State: $18,990
Net Price: $20,612
Acceptance Rate: 66%
Retention Rate: 71%

Graduation Rate: 68%
Total Enrollment: 2,028
Undergrad Students: 1,605
Graduate Students: 423
Grads Salary: $57,000
Student-to-faculty: 13:1

New Jersey City University

Score: 63.79

Graduate Tuition
- In-State: $14,798
- Out-of-State: $23,579
Net Price: $19,252
Acceptance Rate: 90%
Retention Rate: 73%

Graduation Rate: 39%
Total Enrollment: 6,539
Undergrad Students: 4,895
Graduate Students: 1,644
Grads Salary: $76,000
Student-to-faculty: 15:1

Berkeley College-Woodland Park

Score: 62.21

Graduate Tuition
- In-State: $19,850
- Out-of-State: $19,850
Net Price: $17,068
Acceptance Rate: 100%
Retention Rate: 64%

Graduation Rate: 44%
Total Enrollment: 2,078
Undergrad Students: 1,944
Graduate Students: 134
Grads Salary: $70,000
Student-to-faculty: 14:1

Stockton University

Score: 45.3

Graduate Tuition
- In-State: $14,634
- Out-of-State: $21,330
Net Price: $18,515
Acceptance Rate: 86%
Retention Rate: 78%

Graduation Rate: 76%
Total Enrollment: 9,080
Undergrad Students: 8,138
Graduate Students: 942
Grads Salary: N/A
Student-to-faculty: 16:1

Find Your Online MBA School

Why Consider an Online MBA?

The New Jersey online MBA takes about two years of study and online attendance. Rutgers-Camden and the NJIT offer degree programs completely online. Other schools offer a hybrid type of online MBA that requires some on-campus work. Online MBA programs can save money when compared to completely on-campus coursework. Online students do not have to relocate, commute, or take time away from work or business. Most online MBA programs require GMAT tests and acceptable scores. Schools maintain the requirement but waive it on a selective basis when the applicant’s background reflects substantial professional and life experience.

The costs of an online degree vary from a low of about $700 per credit hour to a high of $2,000 per hour. Hybrid programs can limit online coursework to a percentage of the overall credit hours needed for graduation. Others require attendance at evening classes on a periodic basis. Some school locations have higher than average costs of living, including Madison and Newark.

Percentage of Students Enrolled By Distance Education

Typical MBA Concentrations

Concentrations are groups of courses that prepare a student for a particular career path. They help demonstrate a knowledge base. Concentrations can be narrow such as taxation, or they can be broad like one in organizational management. An effective use of concentrations involves getting an excellent overall knowledge base and a focus on an area of high career interest. Concentrations make a graduate more employable and provide an entry into a particular type of employment. For example, in an industry that emphasizes sustainable practices, a concentration in environmental management could offer a big advantage.

Five Concentrations for New Jersey MBAs

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MBA in Information Systems and Technology
Information forms the core of the modern corporation and for many businesses; information is among the critical assets. Information technology is a dynamic field driven by new demands and continuous innovation. MBA education prepares graduates to work in technology-centered processes. This concentration combines a solid knowledge base in management and organization with expertise in Information Technology.
MBA in Finance
Financial analysis is a foundational element in MBA study; a concentration in finance can be an entry qualification for investment management, private equity functions, and financial analyst positions. Finance concentrations prepare graduates for positions in banking, investment, and private equity organizations.
Pharmaceuticals Management
New Jersey is home to many of the large pharmaceutical industry leaders. Being a highly regulated industry with heavy involvement in research and technological innovation, the demands of this industry can be very specific. The field involves many layers of public policy and government oversight.
MBA in Healthcare Administration
Health services and health insurance are large industries in New Jersey. There is a substantial demand for MBA graduates with concentrations or focused coursework in health administration and insurance. Healthcare settings have specific elements of government regulation, privacy rules, and information management.
MBA in Marketing
Marketing is a prominent part of business operations for a wide range of domestic and international businesses. Managing the marketing process involves data analytics, business analysis, and creative thinking. Marketing has a broad reach within a given organization and marketing management requires an ability to communicate ideas and work in collaborative environments.

Accreditation in New Jersey

Accreditation is a key to determining the value of an MBA degree. Employers recognize the importance of accredited education when reviewing and rating applicant qualifications. Accreditation ensures the employer that the coursework and overall curriculum meets the standards needed to equip the student for successful employment or further education. The US Department of Education approves accreditation agencies. For MBA students, there are two types of accreditation that can determine the value of your degree. The types are national and regional accreditation and program accreditation.

National or regional accreditation covers the entire institution including its schools, colleges, and major divisions. Institution-wide accreditation ensures that the level of instruction meets the standards needed for quality education. The factors include qualified faculty, a set of balanced curricula, reasonable class size, administrative support, and adequate educational resources. Regional accreditation agencies perform this task and, in New Jersey, the leading agency is the Middle States Commission on Higher Education.

Program accreditation covers a particular type of education such as Business education in a college or school of business. Program accreditation drills down on the subject area and examines the details of faculty, curriculum, and graduation requirements. The Association to Advance Collegiate Schools of Business (the AACSB) accredits New Jersey MBA programs.

Career and Job Outlook for MBA Graduates

Top Employers in the State by Number of Employees

Company	Industry	Headquarters City	Number of Employees
Wakefern Food Corp	Food	Keasbey, NJ	35,000
Barnabas health	Healthcare	West Orange, NJ	21,000
PSEG	Energy	Newark, NJ	10,000
Johnson & Johnson	Healthcare	New Brunswick	9,600
Prudential	Financial Services	Newark	8,750

Average Degree Salary Ranges Potential

The Chart below describes the typical impact of educational attainment on expected annual income.

Earnings with Associates - $53,990
Earnings with Bachelors - $65,444
Earnings with MBA - $83,341

Careers for New Jersey MBA Grads

Information Security Analysts
Big data has big risks, and information security has risen to the top layers of employer demands for new talent. Information security requires specific actions aimed at protecting information and ensuring proper usage. Organizations must comply with specific protections for privacy and health information by law and regulations.
Financial Analysts
The Bureau of Labor Statistics projects financial management positions to grow by more than 19% between 2016 and 2026. Financial analysts play a key role in preparing financial transactions, valuations, and commercial transactions. Financial controllers manage financial reporting and oversee regulatory compliance, external reporting, and internal controls.

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Human Resources Specialists
Human resource managers are essential parts of the core management of nearly every organization. Their duties include recruitment, retention, salary administration, and personnel budgeting.
IT Manager
Information Technology includes internal information and data produced by business processes. The IT manager oversees the hardware and software systems. They must also ensure data protection and security.
Financial Analyst
Analysts study financial data from the point of view of growth, investment, and financial forecasts. They provide essential input for budgeting, strategic planning, and reporting.
Management Operations
The day-to-day business of an organization requires constant oversight and management attention. The daily functions must support the organization's essential processes. The organizational goals depend on smooth operations and sound management decisions.

How to Choose & FAQ's

The MBA may be a goal in and of itself. For most candidates, the MBA is a step towards career advancement or a career change. Because the candidates seek to advance careers, the selection of a school for the MBA should align with their plans, resources, and long-term goals. The school should provide a degree that helps achieve the student’s objectives. The curriculum should include areas of most significant interest, fit into the time available, and the required investment should be within reach. The overall advantage of online education is that it is accessible to a wide range of students and personal situations.

Costs of the Online MBA
The costs of online education consist of tuition and expenses. Online education costs are usually lower than campus-based programs because they do not require travel or relocation. The rates of tuition vary by a wide range among New Jersey MBA programs. School policy varies on financial aid. Every student is eligible for some type of assistance, but online students will not qualify for the kind of assistance that requires a physical presence on the campus. Online students can use loan programs and other types of merit and need-based scholarship aid.

Employed online students should inquire with their employer about tuition and other student assistance programs. The MBA degree is a valuable addition to workforce skills and qualifications for many employers. Employers that promote education among their workforce often provide tuition assistance, such as reimbursement, for all or part of the tuition costs.
Scheduling and Access
One of the main advantages of online education is that the classwork can fit into your life situation. Many people cannot attend campus programs because of existing obligations for work, business, and family. When selecting an online MBA program, students should make sure that they will have access to the program and that the schedule works with their existing obligations and commitments.

The more flexible types of online courses are called asynchronous- they do not have a fixed schedule or depend on working with other people. Students have the freedom to arrange the classes to match their schedule and available time. Classroom-type online courses are called synchronous coursework. This type of coursework has a defined meeting time and often encourages student interaction.
Student Information
When selecting a New Jersey MBA program, applicants should look at student outcomes. MBA programs publish data on the graduation rates and grade averages of their students. You can also usually see information about the level of debt incurred by the typical graduate. When selecting, applicants should look at the rate of employment among recent graduates as well as any information about the types of jobs they received.

Student satisfaction and student forums are additional useful points of information. Satisfaction is a measure of student reaction to their experience. While student satisfaction surveys may not predict one’s experience, the information can point out the strengths and possible problem areas in a given program.
Post Graduate Support and The Alumni Community
Some schools have programs to help students get internships and other placements. This type of support can extend to the initial job search after graduation and as a career-long resource for information and referrals. Some schools also have a large, loosely connected base of former students; other New Jersey schools may have small, close-knit alumni communities. A base of active alumni is an asset. The alumni community is a good source of networking, information, and career support. Some alumni communities hold events that promote networking and increase social engagement among new and older members.
Concentrations
Some MBA candidates have a firm idea of the career path they wish to follow. Other students may seek a broad-based knowledge of business management and organizational behavior. Concentrations can achieve both these goals. Concentrations can be narrow and help you get into a specific type of work, or they can be broad and strengthen your ability to handle nearly every situation. Concentrations vary by school, and the labels used to describe coursework can also depend on the school. Students should be sure that the curriculum offers the types of coursework that may be important to their goals.

Concentrations should go hand-in-hand with practical experience. Many schools require a capstone project, internship, or other hands-on activity. Many students seek to combine a concentration with an internship in their field of interest.

Best New Jersey MBA Schools and Programs