Best Online MBA Programs in New York

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Are you ready to discover your MBA program?

Wall Street characterizes the financial system for the entire United States, and many business professionals aspire to work there. Students hoping to find finance jobs in New York City or other business hubs can improve their chances by earning an online MBA in New York.

MBA learners study advanced business principles and theories, applying these ideas to real-world situations through experiential learning. This professional degree supports business students who want to obtain leadership and management roles and secure promotions.

MBA graduates in New York often earn higher salaries than they would in other states. The Bureau of Labor Statistics (BLS) reported an average annual salary of $147,530 for financial managers nationwide as of May 2019. In New York, however, financial managers earned an average annual salary of $210,240.

Prospective learners can begin their New York school search with our list of MBA programs below. This page also covers details and frequently asked questions about the degree.

New York’s 10 Best MBA Programs

Rank School Location
1 Bard College Annandale-On-Hudson, NY
2 Clarkson University Potsdam, NY
3 Excelsior College Albany, NY
4 Hofstra University Hempstead, NY
5 Manhattan College Riverdale, NY
6 Marist College Poughkeepsie, NY
7 Medaille College Buffalo, NY
8 Mercy College Dobbs Ferry, NY
9 Monroe College Bronx, NY
10 Nyack College Nyack, NY

Advertisement OnlineMBA.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

Online MBA Programs for You

Grow your career, leadership, and business acumen with an accredited online MBA program.

Why Get an Online MBA in New York?

The courses that comprise MBA degrees prepare students for work in the business world. Learners are trained in finance, marketing, management operations, and accounting. Graduates also enjoy a number of employment benefits:

Higher Salaries
MBA graduates may earn significantly higher salaries than their coworkers. In fact, MBA-holders may secure starting salaries that are $20,000 higher than starting salaries for professionals with just a bachelor’s degree in business.
Leadership Promotions
The highly transferable leadership skills students learn in MBA programs allow them to take on advanced leadership and management roles. Some programs offer opportunities to specialize in a specific style of management, such as human resources.
Positive Job Outlook
MBA graduates qualify for many positions with high growth projections. For example, the BLS projects jobs for analytics management professionals to grow by 11% from 2019 to 2029.

Because New York is the nation’s business center, MBA students in the state can readily find work after graduation with major corporations like JPMorgan Chase, IBM, and PepsiCo. These companies offer jobs across many fields, including banking, media, healthcare, entertainment, and even cybersecurity.

The Best Online MBA Programs in New York

  • Bard College
    Location

    Annandale-On-Hudson, NY

    Tuition

    $$$$$

    Bard College offers a hybrid master of business administration in sustainability program that integrates weekend residencies with online coursework to provide a holistic learning experience. Bard's MBA program includes 60 credit hours of classroom and retreat time to provide students with opportunities to attend lectures and discuss content as they develop business competencies applicable to their professional goals.

    Learners who work more than 30 hours per week should pursue Bard's three-year program, but the two-year degree allows students to balance curriculum requirements with real-world obligations. Students attend live, interactive online classes on Tuesday and Thursday evenings, participating in 20 residencies spread over two years.

    Admission to Bard's online MBA in New York requires academic coursework in accounting, economics, and math -- or completion of Bard's self-guided, online pre-program options. Applicants should submit GRE or GMAT scores, a personal statement, a writing sample, transcript information, and letters of recommendation; they should also prepare for a personal interview prior to admission.

    Concentrations

    • Sustainability
  • Clarkson University
    Location

    Potsdam, NY

    Tuition

    $$$$$

    Clarkson University in Potsdam, New York offers an online MBA that provides learners with advanced finance knowledge while building innovation, creativity, and collaboration in the field. Clarkson's program includes 42 credit hours of coursework, with 10 core classes and four electives. Elective classes give students the opportunity to build their curriculum around individual interests and professional goals.

    Core classes include leadership and organizational behavior, financial management, business information systems, and managerial economics. Students also complete a strategic management capstone course during their final semester. Elective options include classes that can apply to an advanced certificate in global supply chain management, healthcare management, or business fundamentals.

    To apply to this online MBA in New York, students should submit a resume, a personal essay, transcript information, GRE or GMAT scores, and letters of recommendation with their formal application. Attending one of Clarkson's open houses waives the application fee.

  • Excelsior College
    Location

    Albany, NY

    Tuition

    $$$$$

    Excelsior College's online MBA program provides working professionals with flexible, convenient coursework to advance their careers. Students can specialize in accounting, leadership, healthcare management, or human resources management; they can also complete a general MBA degree through 36-45 credit hours of coursework. Up to 24 credit hours of transfer credit may apply to Excelsior's MBA degree requirements.

    All students in this online MBA in New York complete core classes in economics, organizational behavior, and quantitative analysis to acquire knowledge and skills in business leadership, innovation, global management, and strategic planning. The accounting MBA prepares learners to sit for the certified public accountant exam; the leadership option emphasizes conflict management and organizational behavior; the human resource curriculum focuses on labor relations, employee compensation, and benefits; and the healthcare degree offers advanced knowledge of health care law, policy, and contemporary issues.

    Excelsior's School of Business and Technology holds accreditation from the International Accreditation Council for Business Education.

    Concentrations

  • Hofstra University
    Location

    Hempstead, NY

    Tuition

    $$$$$

    Students enrolled in Hofstra University's online MBA in New York can specialize in strategic business, strategic healthcare management, or complete a general MBA degree. Coursework includes foundations of economics, regulatory elements of business, and business ethics with advanced classes on management, account reporting, and information systems. Concentration classes offer in-depth knowledge of business and healthcare management for learners who work in those fields and want to develop higher-level competencies.

    Hofstra's MBA program includes two residencies, one each year. With the Hofstra cohort-model, students come together annually to build connections, interact with industry professionals, and attend knowledge-building workshops. During the second residency, students participate in an integrated capstone course. They also participate in a global practicum on strategy and enjoy access to executive coaching.

    Applicants to Hofstra's MBA program must submit an application, GRE or GMAT scores (five years of professional experience can waive this requirement), transcripts, a resume,a personal statement, and letters of recommendation. Preferred candidates boast at least two years of business experience, high undergraduate GPAs, and a promise of graduate school success.

    Concentrations

  • Manhattan College
    Location

    Riverdale, NY

    Tuition

    $$$$$

    Manhattan College, located in the heart of New York City, offers an online MBA to learners who want to enhance their business careers or explore a subset of the field. The school's MBA curriculum builds the analytical and critical-thinking skills students need to take informed risks, lead and manage in business, and collaborate with colleagues in business environments.

    With core coursework in data analytics, managerial economics, employment law, and global business, students gain expertise to apply to experiential classes during their final semesters. Elective and experiential courses, internships, and projects allow students to pursue individual interests and professional goals. Across the 36-credit hour program, students learn to plan business projects, collect and analyze business data, and develop an appreciation of corporate responsibility.

    Applicants to this online MBA in New York must submit a formal application, transcript information, a GMAT score above 500, a resume, and two letters of recommendation. Students without a business background can complete the school's MBA bridge program, which includes four foundational classes in statistics, accounting, management, and economics.

  • Marist College
    Location

    Poughkeepsie, NY

    Tuition

    $$$$$

    Students can complete an MBA from Marist College in Poughkeepsie through asynchronous coursework designed to accommodate full-time and part-time learners. Core coursework for all students includes survey knowledge of global business, economics, business theory, finance, and accounting. Elective classes afford learners opportunities to study aspects of business that directly relate to their professional goals. Marist's online MBA in New York also offers three specializations for students: ethical leadership, healthcare administration, and financial management.

    The ethical leadership concentration emphasizes negotiation, organizational change, and management. The healthcare administration specialization assesses critical issues and legal aspects of healthcare policies and businesses. The financial management focus emphasizes investment, financial documentation, and financial theory.

    Marist University offers its MBA programs through its management department, which holds accreditation from the Association to Advance Collegiate Schools of Business. Applicants should submit transcript information, a resume, a personal statement, and GMAT scores for admission. Students with advanced degrees may not need to submit GMAT scores.

    Concentrations

  • Medaille College
    Location

    Buffalo, NY

    Tuition

    $$$$$

    Located in Buffalo, Medaille College offers a 48-credit online MBA in New York to students who want to broaden their business knowledge and advance their business careers. Students typically complete Medaille's online MBA in two years; participation in "fast-forward" day or hybrid classes allow learners to earn their MBA in as few as 12 months.

    Medaille's MBA program prepares future entrepreneurs, operations managers, and project analysts to excel in business settings through coursework on finance, management, and business law fundamentals. Accredited by the International Accreditation Council for Business Education, an MBA from Medaille also offers global perspectives to business through collaborative learning environments and real-world experiential learning.

    Applicants to Medaille must submit an application, a resume, a personal statement, and transcript information. Medaille offers three start dates per year for online and hybrid students, but the university only considers fast-forward participation applications for fall admission.

    Concentrations

  • Mercy College
    Location

    Dobbs Ferry, NY

    Tuition

    $$$$$

    Located in the New York City metropolitan area, Mercy College affords students access to a diverse business environment and a variety of business professionals. Mercy offers an online MBA in New York that provides students with the opportunity to develop real-world business plans, work with experienced business professionals, and build experiential business knowledge and skills.

    MBA students at Mercy complete between 33 and 57 credit hours, depending on degree concentration and elective coursework. The 24-credit core curriculum includes coursework in corporate finance, qualitative analysis, international business, and communication processes. Students can pursue specialized degrees in eight fields, including human resource management, marketing, and accounting. All students complete a capstone or comprehensive case analysis course to bring together degree information for a final thesis, business plan, or business report.

    Applicants to Mercy's online MBA program should possess a bachelor's degree and a cumulative GPA of 3.0 or higher. Students with a GPA below 3.0 may gain admission after a formal interview. Students do not need to take the GMAT, but they can participate in Mercy's Turbo Program by preparing and taking an intensive exam to earn a credit waiver.

    Concentrations

  • Monroe College
    Location

    Bronx, NY

    Tuition

    $$$$$

    Monroe College in Bronx provides six concentrations through its online MBA in New York program. The program prepares business professionals for careers in management, administration, and business leadership -- readying graduates for roles such as chief officer and management analysts.

    Monroe College's MBA includes 37 credit hours, with nine core classes in research and analysis, managerial accounting and economics, strategic marketing, and organizational leadership. Students complete specialized coursework in entrepreneurship, community development, marketing, healthcare management, finance, and information technology before finishing the MBA degree with a strategic management capstone course. The capstone allows students to demonstrate degree competencies through business plan development, a research project, or a practicum.

    Monroe College is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Schools, and is authorized by the Board of Regents of the University of the State of New York to grant MBA degrees.

    Concentrations

  • Nyack College
    Location

    Nyack, NY

    Tuition

    $$$$$

    An online MBA in New York from Nyack College includes 42 credit hours of coursework to provide full-time professionals with advanced business knowledge and skills. Through a cohort model, students build relationships with colleagues and develop networking opportunities as they complete classes based in global engagement, academic excellence, and social diversity.

    Nyack's program includes three semesters of classes that build core competencies in managerial thought and business ethics, business research methods, and operations management. Asynchronous classes and live synchronous sessions increase student and faculty interaction while maintaining degree flexibility and convenience. Students can specialize their MBA by focusing on marketing, finance, accounting, or entrepreneurship management.

    To apply, students must submit an application, GMAT or GRE scores, undergraduate transcripts, academic and professional references, and a resume. Applicants must also provide an essay to demonstrate writing proficiency. After submitting all documentation, applicants participate in a formal interview with the director of the MBA program.

    Concentrations

What To Expect From NY’s MBA Programs

The MBA experience varies by school, but most degrees comprise 50-60 credits and take 1-3 years to complete. Online MBA programs sometimes provide accelerated study options, which allow students to finish the degree in one year. Schools may also offer part-time enrollment, permitting students to take fewer classes at once. Part-time students take longer to complete their degrees.

Online MBAs in New York offer foundational knowledge in core subjects like finance and marketing. However, students can specialize their expertise through electives or concentration tracks.

Business professionals with concentrated MBAs in areas like leadership, finance, and marketing enjoy a competitive edge for securing employment in New York.

Admission Requirements for MBAs

Admission requirements for MBA programs in New York vary by school, but students should prepare to provide the following information:

  • Prior Education: MBA candidates must hold a bachelor’s degree in business or a related field and demonstrate their prior education through formal transcripts.
  • Work Experience: Some programs may require students to hold a few years of professional experience and submit a resume detailing their employment history.
  • Required Tests: Depending on program requirements, candidates should prepare to sit for the GMAT, the GRE, or the Executive Assessment.
  • Statement of Goals: Many MBA programs ask prospective enrollees to write an essay about their career aspirations and how the program would help them achieve these goals.

Explore MBA Admissions

Specialized MBAs

Though many MBA programs in New York offer a general purview of advanced business concepts, some schools may offer specialized curricula. These degrees feature more coursework in specific areas of business like healthcare management or marketing, and students who graduate from these programs are often prepared for niche careers.

MBA students in New York who aim to work on Wall Street may specialize in finance, information systems, or business analytics can make them stand out as applicants. Others who hope to start their own business may enjoy a concentration in entrepreneurship.

Click the links below for more information regarding MBA concentrations.

Popular MBA Program Courses

Course offerings vary by school. However, many MBA programs offer similar core classes that teach students about business essentials, like economics and leadership. Common courses students can expect to encounter in their MBA include:

This class teaches future business professionals the theories, frameworks, and tools to analyze financial decisions at the corporate level. Students examine concepts like capital structures, cost of capital, and dividend policies.
Through studying macro- and global economics, MBA degree-seekers learn to think systematically about the economy, macroeconomic policy, and the economic environment. This course focuses on economic theory, including concepts like national income, interest rates, and exchange rates.
Since business professionals at the executive level rely on managerial skills to successfully lead their teams, MBA programs generally require completion of core courses in leadership and management. These courses examine leadership theory and often incorporate experiential learning opportunities where students can apply these ideas hands-on.
Elective courses in marketing analysis teach students to use modeling tools to support marketing analysis and decision-making. This class is crucial for future marketing professionals. Topics of study include marketing segmentation, new product development, and sales promotion analysis.

The MBA Capstone or Thesis

Many MBA programs require students to complete a culminating project like a capstone or thesis.

Capstone projects challenge students to identify a business issue or problem and propose a solution. These hands-on projects usually take 1-2 semesters to complete, and students often work in teams to conduct studies and present their solutions. These projects can provide the real-world experience employers find valuable.

Thesis projects require students to write a longform essay to study a business concept in depth. Thesis projects typically take at least two semesters to complete. Though a thesis does not offer the same kind of hands-on experiences a capstone does, they can demonstrate a student’s ability to think critically and synthesize information.

How Much Do MBAs Cost in New York?

New York is home to many postsecondary institutions, including two Ivy League schools. The cost of earning an MBA in New York depends not only on the prestige of the school, but on factors like in-state or out-of-state residency and instructional delivery mode.

While the National Center for Education Statistics reports the average nationwide tuition for graduate students was $19,314 for the 2018-19 academic year, the numbers vary widely: Public school tuition averaged $12,171, while the 75th percentile for private institution tuition was $44,667.

Students attending on-campus programs and residing in New York should consider the state’s high cost-of-living when calculating their expenses. New York has a cost-of-living index of 139.1, much higher than the average national index of 100. This makes New York the third-most-expensive state in the country.

Some schools, however, offer in-state tuition for all online students, regardless of state residency. This means learners can pursue a degree from one of New York’s renowned institutions without taking on the burden of relocation expenses or living in an expensive state. The associated costs of pursuing an online MBA can be complex, so degree-seekers should research online options thoroughly.

MBA candidates can also take advantage of financing options like scholarships, fellowships, grants, and loans to support their educational investments. The link below offers more information about financial aid options:

Learn More About Financial Aid Options

What Jobs Can MBAs Get You?

Professionals with MBAs can qualify for a number of advanced, lucrative jobs in a variety of fields. Though many jobs only require a bachelor’s degree, the additional credential of an MBA can help applicants stand out. Specialized MBAs can also help graduates qualify for competitive, niche careers. The following careers offer especially lucrative salaries in the state of New York:

  • Management Analyst

    Management analysts, also known as consultants, take on leadership roles and work with a team of analysts to improve an organization’s efficiency.

    • Required Education: Bachelor’s degree required, but MBA and work experience preferred
    • Job Outlook (2019-29): +11%
    • Median Annual Salary: $85,260
    • Average Annual Salary in New York: $112,280

  • Administrative Services Managers

    Administrative services managers are responsible for planning and directing an organization’s resources to ensure efficient business operation.

    • Required Education: Bachelor’s degree required, MBA preferred
    • Job Outlook (2019-29): +6%
    • Median Annual Salary: $96,940
    • Average Annual Salary in New York: $138,190

  • Human Resources Managers

    Human resource managers direct an organization’s workforce. They often play major roles in hiring employees, mediating disputes, and overseeing benefits packages.

    • Required Education: Bachelor’s degree required, MBA or master’s in human resources preferred
    • Job Outlook (2019-29): +6%
    • Median Annual Salary: $116,720
    • Average Annual Salary in New York: $158,830

  • Training and Development Managers

    Training and development managers assess and organize the professional development needs of an organization.

    • Required Education: Bachelor’s degree required, MBA or master’s in training and development preferred
    • Job Outlook (2019-29): +7%
    • Median Annual Salary: $113,350
    • Average Annual Salary in New York: $156,910

  • Financial Managers

    Financial managers oversee a business’s finances, monitoring the budgeting and reporting staff to ensure an organization’s financial health.

    • Required Education: Bachelor’s degree required, MBA preferred
    • Job Outlook (2019-29): +15%
    • Median Annual Salary: $129,890
    • Average Annual Salary in New York: $210,240

New York’s Top MBA Employers

MBA graduates in New York can use their degrees to find jobs in finance, marketing, manufacturing, banking, and sales. Companies in New York are often nationally known, which makes job openings very competitive. Thus, these employers seek out highly qualified candidates with the knowledge and experience gained in accredited MBA programs.

The BLS reports high employment numbers and salaries across the business and management sectors: In New York, 611,820 people work in business and financial operations occupations, earning an average annual wage of $96,150 as of May 2019. There are also 502,060 people employed in management occupations, earning a $157,440 average annual wage as of May 2019.

Top MBA Employers in NY


IBM


One of the largest companies in New York, IBM is headquartered in Armonk, New York. The corporation, known for their contributions to computer technology, provides a host of services, including hardware sales and consulting services. IBM offers leadership development programs and career opportunities for MBA graduates, including consultant work.

JPMorgan Chase


JPMorgan Chase, one of the oldest financial institutions in the U.S., is a multinational investment bank and financial holding company. Headquartered in New York City, this bank offers careers in corporate banking, investment banking, and global wealth management. They also offer several programs and internships for MBA students with diverse backgrounds.

PepsiCo


A nationally recognized brand, PepsiCo is headquartered in Harrison, New York. The company’s manufacturing, marketing, and distributing services provide many higher-level career opportunities for MBA graduates. Pepsico offers internship and employment opportunities in marketing, finance, corporate strategy, global procurement, sales, and supply chain operations.


Choosing Between Online Schools in New York

Although our ranked program lists provide a good place for students to begin their school searches, MBA candidates in New York should also consider the following factors:

Accreditation
Business schools in New York should hold regional accreditation from the Middle States Commission on Higher Education and programmatic accreditation from the Accreditation Council for Business Schools.
School Size
Larger schools can offer a greater variety of electives and concentrations, while smaller schools offer more intimate class settings.
Concentrations
Students interested in specialized careers should find schools with concentrations relevant to their aspirations.
University Resources
Students should investigate the resources a school offers learners, including internship opportunities and other career services that can help graduates land jobs.
Alumni Network
The active, extensive alumni networks of well-known programs can help MBA students find job and internship opportunities.

Why You Should You Consider Online Schools in New York

Online MBA programs offer quality, cost-effective education that often better serves the needs of diverse students. Virtual students can pursue an online MBA in New York from anywhere without relocating. Online learners may pay less per credit, avoid costly commutes to campus, and bypass campus-specific fees. Many online MBAs in New York offer in-state tuition rates to students regardless of their actual location.

Many MBA students pursue their degree while working full time, so their professional obligations may not be compatible with the demands of in-person classes. Online programs, however, often offer their courses asynchronously, where students can watch recorded lectures and complete assignments in accordance with their schedules.

Some online MBA programs offer accelerated programs and even course waivers to experienced professionals in the business industry. These opportunities allow professionals to complete their degrees in as little as one year.

Online MBA Programs In Nearby States


Frequently Asked Questions

  • Is an online MBA respected?

    Yes. Online MBA degrees with accreditation from the Accreditation Council for Business Schools and Programs and the Middle States Commission on Higher Education are as well-respected as in-person MBAs.

  • How much does an MBA cost in New York?

    It depends. Several factors affect tuition rates in New York, including the prestige of the school, in-state or out-of-state tuition, and public or private institution. Graduate students should generally expect to pay $12,171-$44,667.

  • Are MBAs still worth it?

    Yes. MBA degrees prepare students for employment in fields such as finance, marketing, management operations, and accounting. Graduates also enjoy higher salaries, opportunities for promotion, and positive job outlooks.

  • Can you get an MBA in one year?

    Some online MBAs in New York offer accelerated study options or course waivers for experienced business professionals, all of which can help students graduate in a year.

Advertisement OnlineMBA.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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Advertisement OnlineMBA.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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