Written by Kathleen Swed

Massachusetts boasts the 13th-largest labor force in the nation, with close to 4 million people employed as of 2018, and opportunities abound in the state for MBA graduates. With advertising and promotions managers, financial managers, sales managers, and marketing managers all landing solidly within the state's 30 highest-paying professions, MBA graduates can benefit from lucrative career paths across a selection of industries.

Healthcare may top the list of key industries in the state, but graduates of MBA programs in Massachusetts can also take advantage of opportunities in manufacturing, computer software, and retail.

On this page, prospective students can begin the search for an MBA program or bolster their research by reviewing the list of accredited MBA programs in Massachusetts. By considering the list of common occupations for MBA graduates in Massachusetts, prospective students can align their studies to their choice careers, optimizing their resumes for success in the Massachusetts job market.

Top 10 Online MBA Programs in Massachusetts

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Massachusetts' Online MBA Programs

The following list offers a guideline for students researching online MBA programs in Massachusetts. Accreditation proves critical to the search for an MBA program, and each of the schools on this list holds regional, national, and/or programmatic accreditation. Regional accreditation is generally considered the highest standard of academic rigor, though learners may also benefit from programmatic accreditation from an organization like the Accreditation Council for Business Schools and Programs.

For more information on MBA accreditation, visit this page.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description
Babson College
Location Wellesley , MA Tuition $$$$$ % Receiving Financial Aid 37 Student Population 3,057 Tuition $87,025 School Type Private

Babson College's business school enjoys worldwide recognition for its top-notch curriculum and highly ranked programs. Designed for working professionals, the blended MBA program offers face-to-face classes, online learning, and collaborative opportunities. Students develop management, team building, and leadership skills in a tight-knit cohort. They acquire competencies in a variety of business areas, such as financial reporting, entrepreneurship and opportunity, and talent management.

During a 3.5-day intensive workshop, faculty prepare students for disruptive change in the business world with study of areas such as design thinking, sustainability, and innovation. In addition to a suite of electives, learners may choose from an array of learning opportunities, such as electives abroad and management consulting field experience projects. Faculty conveniently schedule face-to-face classes Friday to Saturday every seven weeks.

Students begin the online MBA in Massachusetts in either March or October and complete the degree part time in 21 months. Admission requires school transcripts, business experience, and the GMAT or GRE for some students.

Concentrations
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Bay Path University
Location Longmeadow , MA Tuition $$$$$ % Receiving Financial Aid 91 Student Population 3,107 Tuition $29,340 School Type Private

Established in 1897, Bay Path offers an innovative learning environment with women-only undergraduate programs and co-ed graduate degrees. The school offers an MBA program that accommodates the needs of working professionals and fosters innovation, creativity, and entrepreneurship.

Bay Path's 36-credit MBA in entrepreneurial thinking and innovative practices gives learners with business and nonbusiness backgrounds a strong business management foundation. The curriculum blends traditional business theory with real-world application. Students study topics such as organizational behavior and leadership, entrepreneurial finance, and high-performance leadership strategies.

Students can complete the online MBA in Massachusetts in a fully online or blended format. The program offers part-time and full-time enrollment options, and students complete the degree in one or two years. Online students pay no out-of-state tuition. Admission requires a minimum 3.0 GPA and no GRE or GMAT.

Concentrations
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Berklee College of Music
Location Boston , MA Tuition $$$$$ % Receiving Financial Aid 39 Student Population 5,289 Tuition $22,572 School Type Private

A partnership between Berklee College of Music and Southern New Hampshire University provides learners with an online MBA geared specifically for the music industry. Students take the program fully online, completing the degree at their own pace in as few as 15 months.

Aspirant music industry professionals acquire a broad base of business skills through nine SNHU courses in areas such as finance and accounting. Four courses from Berklee Online focus on the knowledge and skills learners need for the music industry. These courses include study of music business strategy, music promotion and marketing, and ethical music business leadership. The degree, one of the best online MBAs in Massachusetts, prepares graduates for a variety of careers, such as music publisher, record label employee, and booking agent. Admission requires an audition, interview, and school transcripts.

Concentrations
  • Music Business
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Endicott College
Location Beverly , MA Tuition $$$$$ % Receiving Financial Aid 63 Student Population 4,695 Tuition $31,454 School Type Private

Endicott College provides a suite of graduate programs designed with the working professional in mind. The business school offers one of the best online MBAs in Massachusetts for flexibility and breadth of curriculum. The core of the customizable, 42-credit online MBA prepares learners with advanced business skills in managerial economics, operations management, and business policy and strategy.

The program offers 14 concentrations, including relatively unique options such as maritime economics, IT management, and health informatics. Learners may choose up to two concentrations to expand their knowledge base. Those interested in hands-on experience may secure internship opportunities through the Internship and Career Center. Students learn from faculty with real-world business experience and complete the degree online in as few as 18 months. Online students pay affordable tuition, with no distinction for learners who live out of state. Endicott provides transitional services to help military students succeed. Admission requires no GMAT.

Concentrations
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Fisher College
Location Boston , MA Tuition $$$$$ % Receiving Financial Aid 79 Student Population 1,959 Tuition $33,312 School Type Private

The online MBA program at Fisher College integrates theoretical knowledge and hands-on application throughout the curriculum. The 41-credit Massachusetts MBA online focuses on strategic leadership as learners acquire, develop, and apply the knowledge and skills used by today's successful business professionals.

The core includes study of leading organizational change, financial reporting and statement analysis, and global economics and managerial decision-making. In addition, learners may use three electives to add a focus in accounting or sports administration. The program's small student teams use experiential learning to solve current problems. A capstone allows them to demonstrate expertise in chosen areas of focus. Students learn from faculty with significant expertise in the business sector. Faculty deliver the course in three, 12-week terms and one summer session lasting eight weeks. Admission requires a minimum 2.75 GPA and an optional GMAT.

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Fitchburg State University
Location Fitchburg , MA Tuition $$$$$ % Receiving Financial Aid 71 Student Population 6,598 Tuition $12,510 School Type Public

Founded in 1894, Fitchburg State University offers various programs with a strong liberal arts and sciences focus -- many available to distance learners. The school's online MBA requires 30 credits and offers three areas of focus: accounting, management, and human resources management. All three programs share a core in which learners study subjects such as accounting theory, strategic management, and organizational behavior and development.

Students use nine credits to complete their chosen area of concentration. As learners complete the degree, they participate in class discussions and collaborative learning groups. Students can complete the MBA in any concentration in as few as 12 months and pay no out-of-state tuition. With a relatively low tuition rate, the MBA remains one of the most affordable online MBAs in Massachusetts. A 2018-2019 Military Friendly School, Fitchburg State provides military personnel with comprehensive support services. Admission requires a minimum 2.8 GPA and no GMAT.

Concentrations
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Lasell College
Location Newton , MA Tuition $$$$$ % Receiving Financial Aid 84 Student Population 2,160 Tuition $21,600 School Type Private

Located eight miles from Boston, Lasell College offers graduate and professional programs with flexible schedules and support services that working professionals access remotely. The 36-credit online MBA offers a fully online curriculum learners complete in 12-24 months. Students acquire a variety of advanced business skills in areas such as organizational development, quantitative analysis for decision-making, and financial analysis for managers.

A notable course on entrepreneurship strategies gives learners insight into why some entrepreneurial firms succeed and others do not. Two courses focus on international business and emphasize global strategy and the distribution and sale of products and services. The online MBA in Massachusetts offers six start terms throughout the year. Lasell highlights the program's affordability, with tuition standing at less than $30,000. Admission requires prerequisite courses in microeconomics and statistics, at least two years of professional work experience, and no GRE or GMAT.

Concentrations
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University of Massachusetts - Lowell
Location Lowell , MA Tuition $$$$$ % Receiving Financial Aid 57 Student Population 18,047 Tuition $17,250 School Type Public

The University of Massachusetts - Lowell houses one of the largest virtual colleges in New England. The school's 30- to 42-credit online MBA offers customization with eight concentrations and part-time, flexible learning options. Students begin the program with a 12-credit foundation not required of learners with a business education. Through the required MBA core, learners acquire in-demand skills in a variety of business functions such as corporate finance, customers and markets, and operations management.

With nine credits, learners complete a concentration in areas such as accounting, managerial leadership, and international business. All students learn how to think critically, make ethical decisions, and solve problems through the application of knowledge in case studies and real-world projects. Students choose a fully online or hybrid format and pay no out-of-state tuition in the online MBA in Massachusetts. Admission requires school transcripts and the GMAT or GRE; standardized test waivers are available for applicants with proof of more than eight years of professional or managerial experience.

Concentrations
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University of Massachusetts - Amherst
Location Amherst , MA Tuition $$$$$ % Receiving Financial Aid 60 Student Population 29,269 Tuition $35,100 School Type Public

The state's flagship campus, the University of Massachusetts - Amherst stands as New England's largest public research college. Perfecting distance learning for more than a decade, UMass-Amherst prepares graduates with a fully online and part-time hybrid MBA. The degree offers a highly customizable curriculum with six specialization areas, including business analytics, entrepreneurship, and sports management.

Learners in the blended program supplement virtual learning with courses at the school's satellite campus in Boston, Springfield, or Shrewsbury. Notable aspects of completing an MBA at UMass-Amherst include access to student networks such as Net Impact and MBA Women International, which both foster leadership development, professional growth, and career opportunities. The cost of the fully online and part-time MBA stays the same regardless of residency. Students may complete up to two MBA classes before applying. Admission to the UMass-Amherst MBA online requires school transcripts and the GMAT or GRE.

Concentrations
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Northeastern University
Location Boston , MA Tuition $$$$$ % Receiving Financial Aid 44 Student Population 19,940 Tuition $78,000 School Type Private

Northeastern University is one of the first colleges in the U.S. to offer a top-tier online MBA. NU's online MBA builds learners' business intelligence to position them for leadership roles through a 50-credit curriculum that offers a business core and electives. Students use electives to complete one of eight in-demand concentrations, including healthcare management, innovation entrepreneurship, and high technology management.

Students acquire new perspectives and understand business from an international context through participation in domestic and international residencies. They put their knowledge to the test by applying theoretical learning to real-world challenges. Those interested in earning a dual degree -- the MS in finance and MBA -- can also do so online. Through NU's alumni network of 235,000, MBA students forge invaluable connections that can positively impact their employment prospects. Students complete the online MBA in Massachusetts in two years. Admission requires no GRE or GMAT.

Concentrations
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Simmons College
Location Boston , MA Tuition $$$$$ % Receiving Financial Aid 72 Student Population 5,662 Tuition $58,800 School Type Private

Located in the center of Boston, Simmons College promotes women's leadership development through on-campus, virtual, and executive training programs. The MBA@Simmons emphasizes women's leadership and diversity with a practice-based curriculum that prepares professionals able to lead in a global business environment. The 48-credit curriculum includes study of financial reporting and analysis, economic analysis, leading high-performing teams, and negotiation and conflict management. Students also sharpen their decision-making and analytical thinking skills.

Students attend live weekly classes online and participate in interactive group work to facilitate relationship building and cooperative learning between peers and faculty. By taking two classes per term, learners complete the Massachusetts MBA online in two years. Simmons' 50,000 alumni network gives learners access to alumni dedicated to advancing women in leadership. Both men and women enroll in the program. Learners benefit from personalized career support available in-person and online. Admission requires an "exceptional" academic history and optional GRE or GMAT scores.

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University of Massachusetts - Dartmouth
Location North Dartmouth , MA Tuition $$$$$ % Receiving Financial Aid 72 Student Population 8,916 Tuition $57,420 School Type Public

The University of Massachusetts - Dartmouth offers an affordable UMass education learners complete fully online in various disciplines. The online MBA enrolls learners with or without a business education. The program requires between 30 and 39 credits depending on whether students need to complete three foundational courses. The required MBA core includes study of advanced operational analysis, finance for decision-making, and strategic management. Students use elective credits to pursue areas of interest, such as international financial management and digital economy and commerce.

By taking two classes a term with no foundational courses, learners complete the degree in five semesters. Student without an undergraduate business degree must take the foundational courses. Faculty keep classes small to ensure personalized learning in this Massachusetts MBA online. Students in need of academic assistance receive free in-person and online tutoring. A 2018-2019 Military Friendly School, UMass Dartmouth actively recruits students with military experience. Admission requires school transcripts and GMAT scores.

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Suffolk University
Location Boston , MA Tuition $$$$$ % Receiving Financial Aid 58 Student Population 7,922 Tuition $48,416 School Type Private

Established in 1906 to create opportunities for all, Suffolk University uses virtual programs to further extend reach to working professionals. The college offers the Suffolk MBA Online, a rigorous business education that includes interactive class discussions and collaborative learning experiences. Students complete 36-51 credits in economics, managerial stats, and operations management. The online MBA in Massachusetts offers six concentrations in areas such as marketing, international business, and strategic management.

During an advanced course on "world-class strategies," students apply knowledge acquired in prior courses to computer simulations, case studies, and other experiential exercises. Each course requires synchronous learning that directly connect learners with peers and faculty. Students complete the degree in 12 months of full-time study -- or two to three years for part timers. Online learners do not pay out-of-state tuition. Admission requires school transcripts and GMAT or GRE scores. The program admits students in the fall, spring, and summer.

Concentrations
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Western New England University
Location Springfield , MA Tuition $$$$$ % Receiving Financial Aid 75 Student Population 3,912 Tuition $29,644 School Type Private

Established in 1919 to provide adult learners with programs in law, accounting, and business, Western New England University continues to offer students a strong business education. The school's 12-course MBA offers a fully online or hybrid format for working professionals. The 36-credit curriculum provides concentrations in accounting, business law, public relations, and leadership.

The core of the MBA gives learners a strong business base in areas such as managerial finance, accounting for decision-makers, and decision modeling for analytics. In addition to theoretical knowledge, learners acquire the practical skills necessary for managerial positions, including planning, team building, and communication. By taking two courses per term, learners can complete the online MBA in Massachusetts in 18 months. To accommodate busy schedules, students may opt for the part-time option. While the program does not require an undergraduate business degree, applicants must complete coursework in accounting, finance, and statistics and submit the GRE or GMAT.

Concentrations
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Nichols College
Location Dudley , MA Tuition $$$$$ % Receiving Financial Aid 82 Student Population 1,454 Tuition $23,400 School Type Private

Nichols College maintains a singular focus of educating future business leaders. The school's 36-credit online MBA offers a part-time curriculum that learners complete in two years. The core of the online program cultivates learners' competencies in critical business areas such as managerial finance, strategic management, and operations management and cost control. The highly customizable online MBA in Massachusetts offers certificates in areas such as Six Sigma and project management. A series of courses add to learners' business skills by emphasizing business communications, cultural awareness, and trends in leadership.

To meet the needs of busy professionals, Nichols offers HyFlex learning, giving learners the freedom to choose what mode of delivery they prefer: on campus in Dudley or in real time online. The school's signature mentor program allows learners to choose a mentor who provides guidance and coaching throughout their educational and professional journey. Admission requires school transcripts and no GRE or GMAT.

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Bentley University
Location Waltham , MA Tuition $$$$$ % Receiving Financial Aid 50 Student Population 5,506 Tuition $53,340 School Type Private

A college specializing in business education, Bentley University prepares business professionals with a broad global perspective, technical skills, and ethical awareness. The Bentley MBA recognizes learners' need for flexibility, providing them with the choice of full-time, part-time, and accelerated online formats. All students in the online MBA in Massachusetts complete a core that includes study of global strategy, strategic IT alignment, and responsible leadership. Students in the 36-45 credit accelerated online format may opt for a concentration in leadership and complete the degree in as few as 18 months.

Students may also complete the part-time MBA online; these learners enjoy access to a larger number of concentrations, including accountancy, business analytics, economics of financial markets, and information systems and technology. Learners complete the degree within 36 to 60 months. Admission requires school transcripts and the GRE or GMAT, with waivers available for qualified learners. Admission also requires foundational courses that faculty may waive.

Concentrations
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University of Massachusetts - Boston
Location Boston , MA Tuition $$$$$ % Receiving Financial Aid 55 Student Population 16,847 Tuition $23,892 School Type Public

Home to a top-tier business school, the University of Massachusetts - Boston offers a highly customizable online MBA with 15 areas of specialization and two online certificates. The 36-credit curriculum offers part-time and full-time enrollment options. Through the MBA core, learners develop a broad base of advanced business skills in areas such as economics, financial management, and accounting for managers. One of the best online MBAs in Massachusetts, students take additional courses to acquire specialization in areas such as information systems, healthcare informatics, and internet marketing.

Learners who would like to earn a certificate online may choose either healthcare informatics or business analytics. The school oversees several centers, including the Center for Collaborative Leadership and Entrepreneurship Center, that provide invaluable resources such as workshops and mentorships to the next generation of business leaders. Learners in New England benefit from reduced tuition. Admission requires the GRE or GMAT with waivers available.

Concentrations
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Salem State University
Location Salem , MA Tuition $$$$$ % Receiving Financial Aid 60 Student Population 9,001 Tuition $16,704 School Type Public

A diverse community of learners, Salem State University offers an online MBA that integrates classroom learning with research, experiential exercises, and fieldwork. The 36-credit degree prepares learners in core functional business areas such as accounting, management, and finance. The school's electives provide learners with the opportunity to pursue special areas of interest, such as estate planning, consumer behavior, and healthcare economics.

The Massachusetts MBA online offers a curriculum students complete on a full-time or part-time basis in either a fully online or hybrid format. Full-time students complete the degree in two years; part timers do so in three to six. Students study in small classes with access to electronic databases and the library catalog. Learners who lack a formal business education or background must complete six foundational courses for admission into the MBA program. Admission requires at least a 2.5 GPA and GMAT or GRE scores.

Concentrations
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How to Choose a Quality MBA Program

Careers and Salaries for MBA Graduates in Massachusetts

The Massachusetts economy enjoys steady job growth. The state's 2.9% unemployment rate falls below the national average, according to the U.S. Bureau of Labor Statistics (BLS), making Massachusetts an ideal location for recent graduates to seek employment.

According to MassBenchmarks, a program at the University of Massachusetts Donahue Institute, the state's economy grew by 2.7% in the first quarter of 2019. Estimates show Massachusetts' economy growing slightly more than in the previous three years. Located mostly along the coastline and in Boston, the state's top industries offer many opportunities for MBA graduates. Leading industries in Massachusetts include clean energy, the creative industry, defense technology, digital health, financial services, information technology, life and marine sciences, and manufacturing.

The fastest-growing careers in Massachusetts include information security analyst, operations research analyst, market research analyst, and marketing specialist, according to the state's Executive Office of Labor and Workforce Development. Employers for these positions often prefer or require candidates to hold MBAs, according to the BLS. Master's degrees in business administration can also offer advancement opportunities.

Massachusetts' Top 3 Largest Employers
Company Location Main Industry Number of Employees
Massachusetts General Hospital Boston General Medical and Surgical Hospitals 16,999
Brigham and Women's Hospital Boston General Medical and Surgical Hospitals 13,303
Oracle Corp. Burlington Software Publishers 10,000
Source: Career One Stop

Online MBA degrees help recent graduates appear more credible when applying for jobs at any of the top employers listed above. A bachelor's degree in business administration is a popular degree at Massachusetts General Hospital, but PayScale data indicates that an MBA leverages additional qualifications for job applicants. The degree also provides job candidates with many transferable skills, such as analytical thinking, creativity, and communication, according to the University of California Haas School of Business.

Careers for MBA Grads in Massachusetts

Architectural and Engineering Manager

Architectural and engineering managers develop products, select necessary equipment, troubleshoot technical problems, handle budgetary needs, and oversee staff. They may spend most of their time working directly in a manufacturing plant or on a construction site. Architectural and engineering managers may begin with bachelor's degrees, but many earn MBAs for leadership training and financial management to qualify for advancement opportunities.

Massachusetts employed 8,190 architectural and engineering managers as of May 2018, according to the U.S. Bureau of Labor Statistics (BLS). These professionals earned an annual mean wage of $156,250.

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Portfolio Manager

A type of financial analyst, portfolio managers specialize in investments. Using their knowledge of the stock market and company assets, they build plans, monitor investments, and submit regular status reports to company executives. Many portfolio manager positions require candidates to hold their bachelor's, but an MBA can prepare potential employees with a solid basis in economics, finance, and market strategy.

According to the BLS, Massachusetts employed 13,400 financial analysts across all specialties as of May 2018, and they earned an annual mean wage of $105,540. Projections Central expects a mild increase in demand for financial analysts in Massachusetts from 2016-2026, anticipating a 7% growth.

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Controller

A controller is a type of financial manager responsible for preparing a company's financial reports. They provide current data and make forecasts to help with future decisions, and they may prepare tax documents and manage budget-related departments such as accounting and auditing. Many employers prefer controllers who hold MBAs, which provide a firm foundation in financial strategy and business communication.

According to the BLS, Massachusetts employed 33,880 financial managers across all specialties as of May 2018. These professionals earned an annual mean wage of $148,300 in the state. Projections Central expects a spike in demand from 2016-2026, projecting a 17.3% growth in the occupation.

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Financial Officer

Another specialty within the financial management umbrella, financial officers develop and maintain company budgets. Sometimes known as treasurers, these professionals develop strategies for company growth by optimizing income through investments. Financial officers often hold MBAs, equipping them to deal with large budgets, handle financial software, and manage teams.

As mentioned above, these professionals earned an annual mean wage of $148,300. Projections Central expects a 17.3% uptick in demand between 2016 and 2026.

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Health Information Manager

Health information managers work for hospitals, clinics, nursing homes, and other health facilities to make sure patient data remains secure. They monitor databases for correct input, oversee access, and stay apprised of updates and changes to relevant software. With an MBA, perhaps one specializing in information systems or healthcare management, graduates hold desirable degrees and qualify for more job opportunities in the healthcare industry.

The BLS reports that Massachusetts employed 15,380 medical and health services managers, including health information managers, as of May 2018. These professionals earned an annual mean salary of $133,900.

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MBA Concentrations for Massachusetts Students

MBA students who choose specializations can potentially align their studies with job opportunities in the state where they wish to work. Healthcare dominates the list of Massachusetts' largest employers, with 13 hospitals, emergency centers, and healthcare management companies ranking among the state's top 25. Other large employers include software programmers and electrical equipment manufacturers.

As such, graduates of MBA programs in Massachusetts might do well to select specializations in healthcare management, information technology or systems, or technology. To learn more about how to align your career goals with an MBA concentration, visit this page.

Online MBA Programs in Surrounding States

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