An MBA is a Masters in Business Administration. This degree examines the way companies interact both internally, and with other companies a global scale. There are many aspects to an MBA and many programs include options to choose from several different concentrations. The skills taught in an MBA program can extend into the realms of Accounting, Finance, Marketing, and Management. An MBA allows students to network with fellow graduate students and faculty, and sharpen their career skills. This higher education degree is often paired with a joint Master’s degree, making new graduates extremely desirable in the MBA career marketplace.
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What Are The Benefits of an MBA?
One of the best benefits of earning an MBA is the ability to think creatively to solve real problems that companies face every day. A student in an MBA program will understand the global perspective as it relates to business, and learn creative strategies to try to facilitate smoother business operations. An MBA can give a student the ability to bring valuable strategy, techniques, and practices to any company, strengthening that company’s position in their respective industry or market. In general, having an MBA makes employees more marketable and valuable, and many people who have an MBA in conjunction with a Bachelors or additional Masters degree see higher salaries.
What Is the Outlook and Salary?
An MBA is a general business degree that can be applied to many different industries. People who have an MBA can work in any field, but are commonly found in Supply Chain Management, Marketing, or Business Analytics. The outlook for students who have earned an MBA is generally good, as companies often seek MBA graduates to fill management and leadership positions. Because the career paths for MBA graduates is so diverse the salary range tends to vary. In general, an MBA graduate can expect to make about $20,000 more per year compared to a salary without an MBA. On average, MBA graduates make $115,000 per year.
| Rank | School | Location |
|---|---|---|
| 1 | Fisher College | Boston, Massachusetts |
| 2 | Clark University | Worcester, Massachusetts |
| 3 | Northeastern University | Worcester, Massachusetts |
| 4 | Fitchburg State University | Fitchburg, Massachusetts |
| 5 | Suffolk University | Boston, Massachusetts |
The Best MBA Programs in Massachusetts
We understand that you have a great deal on your mind when trying to decide on a school to attend when pursuing your Masters in Business Administration. Not only do you need a school that works with your career, but you want to find a school that offers a concentration in your particular interest and field. Luckily, we have scoured the available MBA programs in Massachusetts and have put together a list of the top 13 schools available, making your choice easier for you.
Fisher College
Located in Boston, MA, Fisher College offers a small school atmosphere with a challenging business program. This degree concentrates on real life objectives, understanding the way various business units interact with one another. Students will study a diverse course offering which includes learning how to analyze and research ongoing business potential and theory.
Students will be asked to choose a concentration for their MBA. Available concentrations offered at Fisher College include Sports Administration or Accounting in addition to a general Business Administration course curriculum.
School Overview
Clark University
The MBA program available at Clark University gives students the opportunity to expand their career potential, focusing on business administration theory and practice. This degree will focus on emerging markets and allow students to examine the way different departments must work together to achieve a common goal.
Students will have seven different concentrations to choose from with their MBA including Marketing, Sustainability, Social Change, Business Analytics, Finance, and Business Management. There are different course offerings and requirements for students who fast track their degree with applicable career experience in their dedicated field.
School Overview
Northeastern University
The MBA program at Northeastern University offers students the opportunity to further pursue their interest in business with a comprehensive and varied course curriculum. This program features many different concentrations including Finance, Marketing, Sustainability, or Supply Chain Management. Students also have the option to apply for just a general course of study for their MBA.
This school offers a fully online MBA program which is perfect for students who want to pursue their MBA while still working full time. This program focuses on real life application and skills which can be used in the workplace every day. 69% of students who graduated with an MBA report receiving a higher salary, with over half of these students receiving a 10% pay raise or even more.
School Overview
Fitchburg State University
The program offered at Fitchburg State University for an MBA program highlights small classes and an intimate learning environment. Students are invited to partake in small study sessions and peer groups to allow them to better share ideas and work in a collaborative setting.
Classes are either offered on campus, in an in-person learning environment, or offered 100% online, which is perfect for students who wish to continue working while pursing an MBA. This program offers a variety of concentrations including Human Resources, Accounting, Marketing, and Supply Chain.
School Overview
Suffolk University
The MBA program offered at Suffolk University, located in Boston, MA, gives students the opportunity to enroll as either a part-time or full-time student. This is perfect for students who wish to still work full time while still pursuing a Masters in Business Administration.
This degree offers an unparalleled combination of both real world explanations and a hands-on approach, allowing students to find creative solutions to common business challenges. Suffolk University allows students to pursue multiple different concentrations with the MBA, or pursue a dual degree, highlighting optimal pairings with Finance and Accounting.
School Overview
Worcester Polytechnic Institute
The MBA program offered at Bentley University allows students a flexible learning plan. Classes are available for full-time students, part-time students, and even online students. This is perfect for students who wish to continue working full time in their career as they progress toward an MBA.
There are many different concentrations available in the MBA program, allowing students to custom create their own focus and concentration. This allows students to better align their studies with their future career projections. Concentrations include Finance, Marketing, Law, Accounting, and Leadership.
School Overview
Bentley University
The MBA program offered at Bentley University allows students a flexible learning plan. Classes are available for full-time students, part-time students, and even online students. This is perfect for students who wish to continue working full time in their career as they progress toward an MBA.
There are many different concentrations available in the MBA program, allowing students to custom create their own focus and concentration. This allows students to better align their studies with their future career projections. Concentrations include Finance, Marketing, Law, Accounting, and Leadership.
School Overview
Boston College
Located in Boston, MA, the MBA program from Boston College allows students to custom create their own curriculum and timeline for completion. This program allows students to follow a 2, 3, or 4 year completion plan, allowing them to pace themselves, and their education, to better align with a busy life.
This program encourages students to pair their MBA degree with other Masters degrees offered at Boston College, creating a customized and individualized learning plan. This program seeks to set students up for success so that they may emerge as future leaders in top industries and companies.
School Overview
University of Massachusetts
The MBA program offered at the University of Massachusetts offers students several different paths. There is a full-time MBA program, a part-time MBA program, as well ass an online program for students who wish to continue working while still pursuing a Masters in Business Administration.
This curriculum focuses on allowing students the opportunity to join a business community in order to create a collaborative learning effort. Students are encouraged to work together to create innovative solutions to common business challenges. Further, students can pursue a dual Masters degree coupling an MBA with several engineering disciplines, Sports Management, or Public Policy and Administration degrees.
School Overview
Massachusetts Institute of Technology
Well known for its prowess in engineering and technology, the Massachusetts Institute of Technology also has a top ranked business school where students pursue a Masters in Business Administration. This school follows in the footsteps of its technology past and allows students to focus their studies on creating innovative ideas to real world challenges. This program encourages students to challenge the status quo in business, and reinvent the business world to better today, preparing the world for a brighter tomorrow.
Students enrolled in this program will have the opportunity to follow several different paths as it pertains to business studies. Students can enroll in core business classes, while taking exciting electives that pursue dedicated focus areas. Plus, students have the opportunity to develop a STEM focus in their business degree, adding another 24 months onto the MBA program.
School Overview
Boston University
The MBA program offered at Boston University in the Questrom School of Business offers students something different. This isn’t your run of the mill business school, but instead a business school and program for students who want to change the world, make waves, and challenge the norm. The program looks to immerse students into real world experience so that they gain real life exposure to common problems plaguing the business world.
This program is quite selective and takes several key pieces of information into the admittance process which can include work experience, academic background, and personal statement. The program has many different options for students to pursue including pairing an MBA with a Masters in Finance, Management Studies, or Business Analytics. There is also an online version of this degree available for working students with a busy schedule. The MBA is available to both full-time and part-time students.
School Overview
Hult International Business School
As a private college in Cambridge, MA, the Hult International Business School offers several different degree options for students looking to earn their MBA from a school in Massachusetts. The first option is a one year Masters Degree in Business Administration that fast tracks students to success. The second option is a part-time MBA which is perfect for students that are working full time while still attending class. Lastly, there is a one year Global MBA program which helps to highlight the global dynamic of several different leading businesses and corporations from around the world.
Regularly ranked as one of the top business schools in the country, Hult International Business school allows students to study and work in one of the most dynamic, fast-paced corporate arenas. This program encourages students to learn about the dynamic industries and businesses in major cities around the world. Small classes and customized instruction in real world business operations highlight this challenging yet rewarding MBA program.
School Overview
Harvard Business School
The Harvard Business School offers a competitive, comprehensive, and diverse MBA program for students looking to further their business acumen. This degree is incredibly competitive, but is consistently ranked as one of the top business schools in the world. Students will have the opportunity to learn innovative approaches to real world business problems. The degree program focuses on setting students up for a successful career path with ongoing interaction with faculty, staff, and fellow graduate students, even following graduation.
The program from the Harvard Business School focuses on allowing students to become immersed in a collaborative community. This means that students will have some larger classes, which allows students to network, some smaller classes, which allows for intimate conversation and study, as well as specialized clubs which allow students to focus on common interests.
School Overview
Methodology
In order to rank the best MBA programs in Massachusetts we have come up with a ranking system based on allocated points. To establish a base point system we used two different metrics. The first metric used is the cost per credit. Schools that listed their tuition cost in a yearly sum had their tuition tallied using the following method. Yearly tuition costs were divided in half, assuming for a two semester academic year. Once divided in half, the tuition is then divided by 12, assuming 12 credits in one semester. Schools that had a lower tuition cost per credit were given a more favorable ranking, and thus a higher amount of points.
The second metric that was used to calculate ranking points was the overall enrollment size in the particular MBA program. MBA programs that had a lower enrollment size were given more points, and thus a more favorable ranking. The points accumulated from both the tuition score and the enrollment score were added together giving a total amount of points. Schools with the highest amount of points were given the most favorable ranking.
If your school has been listed in our best MBA programs in Massachusetts we would love to hear from you! We always try to give the most up to date and accurate information to perspective students so they can make the most informed decision when it comes to their MBA program. If your program has changed, or we have incorrect information listed, please let us know so we can update the website accordingly.
