When researching online MBA programs in New York, you may find information influencing your school decision, such as cost, program length, or accreditation. Learners should also consider other factors, including concentrations, career prospects, and postgraduation earning potential.

The state of New York has 245 four-year colleges and universities, according to the U.S. Department of Education's National Center for Educational Statistics (NCES). The state also has 68 institutions providing business administration advanced degrees, including 25 schools with online programs, according to NCES.

You can find out more about an online MBA in New York by reading on.

Online MBA Programs in New York

The following list explores the best online MBA program in New York. Our ranking considers a wide variety of factors, such as accreditation status and affordability. You can use this information to determine which schools will prepare you to meet your long-term career goals. Once you know what you're looking for, you can contact the schools themselves for more information.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description

Bard College

Location Annandale-On-Hudson, NY Tuition $$$$$ Tuition $71,756 % Receiving Financial Aid 51% Student Population 2,332 School Type Private

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.

  • Sustainability

Clarkson University

Location Potsdam, NY Tuition $$$$$ Tuition $54,624 % Receiving Financial Aid 77% Student Population 3,910 School Type Private

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 $$$$$ Tuition $23,220 % Receiving Financial Aid 8% Student Population 43,123 School Type Private

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.


Hofstra University

Location Hempstead, NY Tuition $$$$$ Tuition $76,600 % Receiving Financial Aid 53% Student Population 10,814 School Type Private

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.


Manhattan College

Location Riverdale, NY Tuition $$$$$ Tuition $41,040 % Receiving Financial Aid 62% Student Population 4,071 School Type Private

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 $$$$$ Tuition $28,800 % Receiving Financial Aid 56% Student Population 6,474 School Type Private

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.


Medaille College

Location Buffalo, NY Tuition $$$$$ Tuition $41,808 % Receiving Financial Aid 86% Student Population 2,112 School Type Private

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.


Mercy College

Location Dobbs Ferry, NY Tuition $$$$$ Tuition $28,908 % Receiving Financial Aid 61% Student Population 11,295 School Type Private

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.


Monroe College

Location Bronx, NY Tuition $$$$$ Tuition $27,504 % Receiving Financial Aid 61% Student Population 6,858 School Type Private

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.


Nyack College

Location Nyack, NY Tuition $$$$$ Tuition $34,400 % Receiving Financial Aid 84% Student Population 2,664 School Type Private

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.


Pace University

Location New York, NY Tuition $$$$$ Tuition $78,000 % Receiving Financial Aid 57% Student Population 12,843 School Type Private

The executive MBA degree at Pace University provides experienced business professionals with 20 months of coursework designed to enhance their business competencies. Pace's EMBA includes an experiential, project-based curriculum which works to build interdisciplinary problem-solving, teamwork, and collaboration skills.

Students complete 54 credit hours in nine, six-hour online modules. Each module requires a weekend residency to provide face-to-face interaction and collaborative learning. Residencies include Friday through Sunday project development activities, module exams, lectures, and teamwork sessions. Weekend residencies combined with orientation and degree-completion residencies total 34 on-campus days over the course of the program.

Applicants to this online MBA in New York must supply transcript information, a formal application, a personal essay, and letters of recommendation. They must also participate in an interview designed to replace GMAT requirements. Pace University's departments of accounting and business hold accreditation from the Association to Advance Collegiate Business Schools.


Rochester Institute of Technology

Location Rochester, NY Tuition $$$$$ Tuition $69,983 % Receiving Financial Aid 61% Student Population 16,639 School Type Private

Based in Rochester, the Saunders School of Business at RIT offers an EMBA degree to established business professionals who want to expand their core business knowledge and skills. RIT's EMBA engages students through experiential coursework to provide tools for business problem-solving, analysis, and leadership.

Core coursework in this online MBA in New York includes leadership training, strategic thinking, international business and finance, and accounting and organizational goals. Students also complete a capstone project spread across two semesters. During the first capstone term, students working in teams identify an organizational problem or area for improvement; over the second capstone term, teams present data, research, and plans to address issues identified during the first half of the project.

Applicants must boast at least six years of professional business experience and hold a bachelor's degree from a regionally accredited institution. Students should also submit a formal application, transcript information, a resume, letters of recommendation, and a statement of purpose for consideration.


Saint Joseph's College - New York

Location Brooklyn, NY Tuition $$$$$ Tuition $18,720 % Receiving Financial Aid 54% Student Population 4,749 School Type Private

An EMBA from St. Joseph's College in Brooklyn provides experienced business professionals with the knowledge they need to develop their managerial and analytical skills. Students also gain expertise for career advancement.

The school's online MBA in New York includes 36 credit hours of coursework that apply theoretical and quantitative business approaches to real-world business scenarios. Core classes include legal issues in management, financial accounting and analysis, and marketing concepts and strategies. These courses give students opportunities to develop solutions and implement plans to solve business-related problems.

Due to the advanced nature of St. Joseph's EMBA program, students must boast substantial educational and work-experience accomplishments prior to admission. They must also demonstrate proficiency in accounting, communication, and business foundations. Applicants should submit transcript information from an accredited undergraduate program with a GPA of 3.0 or higher, a resume, GMAT scores, and a formal application.

St John's University - New York

Location Jamaica, NY Tuition $$$$$ Tuition $43,740 % Receiving Financial Aid 56% Student Population 21,076 School Type Private

Based in Jamaica, New York, St. John's University offers a fully accredited online MBA to students who want to build understanding and competency in global business functions. Students can complete St. John's 36-credit program through either an 18-month accelerated track or as part-time learners over a three-year period.

Core classes in this online MBA in New York include business analytics, industrial economics, and managing for global success. Learners can specialize in risk management and insurance or taxation or develop an interdisciplinary specialization from elective coursework. All students complete a capstone seminar in business management. During the capstone course, teams of learners develop a business plan and present their work. Throughout the entire MBA program, students participate in projects and real-world exercises, focusing on case studies to develop international perspectives and research, analytical, and managerial skills.

St. John's MBA holds accreditation from the Accreditation Council for Business Schools and Programs.


St. Bonaventure University

Location Saint Bonaventure, NY Tuition $$$$$ Tuition $24,189 % Receiving Financial Aid 70% Student Population 1,992 School Type Private

St. Bonaventure University, a Catholic Franciscan school in St. Bonaventure, offers an MBA online in New York that students can complete in as little as 20 months. St. Bonaventure's MBA includes foundational coursework in quantitative methods, accounting and economics, and finance -- though the school may waive these requirements for those with previous business classes and experience. Core coursework provides students with advanced knowledge in management and organizational behavior, and electives allow students to tailor their degree to their individual and professional goals.

St. Bonaventure's MBA also includes four concentrations designed for professionals in marketing, accounting, finance, and business analytics who want to build field-specific expertise. All students complete a capstone course to draw upon previous coursework and apply their learning to practical, real-world scenarios. Students identify a business-related problem, develop solutions with colleagues, and present their findings. Graduates exit the program with a portfolio of work to demonstrate their credentials.

Admission to St. Bonaventure requires students to submit an application, a resume, and transcript information from an accredited bachelor's program. A GPA of 3.3 or higher, or two years of work experience with a GPA below 3.0, waives GMAT requirements.


St. Thomas Aquinas College

Location Sparkill, NY Tuition $$$$$ Tuition $31,845 % Receiving Financial Aid 47% Student Population 1,836 School Type Private

St. Thomas Aquinas College in Sparkill offers an online MBA in New York with specializations in finance, marketing, sports administration, and management. Students can also complete the general MBA in one of two degree paths: for business majors or nonbusiness majors.

STAC's 39-credit MBA curriculum includes core coursework in finance, accounting, and economics -- providing interactive and experiential learning opportunities to build foundational business knowledge. Elective and concentration classes build advanced competencies in specific aspects of business. Full-time students can complete STAC's MBA in as few as five quarters; part-time students take about two years to finish the degree.

Applicants to STAC's MBA program must submit undergraduate transcripts from an accredited bachelor's degree with a minimum GPA of 2.8. They must also supply STAC with three letters of recommendation and a formal MBA application. STAC partners with several New York businesses and organizations to provide working professionals with tuition discounts and an application fee waiver.


SUNY College at Oswego

Location Oswego, NY Tuition $$$$$ Tuition $22,068 % Receiving Financial Aid 69% Student Population 7,937 School Type Public

SUNY College at Oswego offers MBA programs in business administration, public accounting, and health services administration. The health services administration MBA requires on-campus commitments, but students can complete the other degrees entirely online. Those completing one of these online MBAs in New York can also complete an advanced certificate in nursing home administration.

All MBA students complete core coursework in management finance, marketing management, international business, and management policy. All programs include an application project completed in the final semester of the degree. The final project allows students to design and complete a project that directly relates to their interests and professional goals.

The MBA in business administration at Oswego emphasizes principles of economics, accounting, and finance. Oswego's MBA in public accounting provides advanced knowledge of auditing, investment analysis and practice, and taxation policies. Finally, an MBA in health services administration incorporates coursework in health informatics, issues in health law, and health policy.

All of the MBA programs at SUNY Oswego hold accreditation from the Association to Advance Collegiate Schools of Business.


SUNY Empire State College

Location Saratoga Springs, NY Tuition $$$$$ Tuition $22,068 % Receiving Financial Aid 36% Student Population 11,878 School Type Public

SUNY Empire State College, located in Saratoga Springs, provides online learners with a 36-credit hour MBA with an emphasis in business management. Applicants with no prerequisite work in statistics, accounting, or economics may need to take an additional nine credit hours. Full-time students can complete the program in as little as 20 months; part-time students finish the degree in about 27 months.

Students in Empire State College's MBA program study business fundamentals through 15 credit hours on organizational behavior, managing human capital, and strategic management for global business. MBA students can pursue degree tracks in management, international business, and human resource management through 18 hours of degree-specific coursework. Learners complete three additional elective courses, often earning an advanced certificate in education, business management and leadership, or liberal arts and science in the process. Students complete the online MBA in New York with a capstone applied business management class.

Empire State College's online MBA in business management is accredited by the International Assembly for Collegiate Business Education.


SUNY Polytechnic Institute

Location Utica, NY Tuition $$$$$ Tuition $29,424 % Receiving Financial Aid 57% Student Population 2,779 School Type Public

SUNY Polytechnic Institute in Utica offers an MBA in technology management to learners who want to develop expertise in leading technology organizations. Rooted in the evidence-based principles of accounting, management, and finance, SUNY Poly's online MBA in technology management combines administrative and scientific principles and practices to provide technology professionals with the skills to advance in their current organizations or pursue new career opportunities.

Students complete 48 credit hours to graduate from this online MBA in New York, including 18 hours of technology management, 21 hours of business management coursework, and nine hours of specialized classes. Learners can specialize in accounting and finance, health informatics, human resource management, marketing management, or business management. Applicants with a bachelor's degree in accounting or business can finish the MBA in technology management on the fast track, earning up to 15 hours of waived credits and lowering degree requirements to 33 credit hours. Students with health informatics or health information management degrees can also participate in the fast track option.


Syracuse University

Location Syracuse, NY Tuition $$$$$ Tuition $81,000 % Receiving Financial Aid 55% Student Population 21,789 School Type Private

Offered through the Whitman School of Management, the online MBA in New York at Syracuse University offers working professionals a convenient, flexible degree to build analytical and critical-thinking skills. The 54-credit program includes specializations in accounting, business analytics, entrepreneurship, finance, marketing management, and supply chain management.

Students complete 36 credit hours of core classes in data analysis and decision-making, organizational leadership, and management fundamentals before taking 15 hours of elective and specialized content. Learners also earn three hours of academic credit through three on-campus and international residencies that include experiential-learning activities and interactive workshops and panels with global business leaders.

Syracuse offers four start dates each year and application fee reductions for priority deadline applicants. Learners with at least five years of relevant work experience may qualify for a GMAT waiver. The Whitman School of Management boasts accreditation from the Association to Advance Collegiate Schools of Business.


The Sage Colleges

Location Troy, NY Tuition $$$$$ Tuition $28,560 % Receiving Financial Aid 81% Student Population 2,897 School Type Private

Offered through Russell Sage Online, an online MBA in New York from The Sage Colleges incorporates 42 credit hours of coursework to build business managerial and leadership skills. The program's curriculum provides practicing business professionals with contemporary, practical knowledge applicable to government, healthcare, public, and nonprofit business settings. Students learn problem-solving techniques as they develop critical-thinking and analytical skills to advance into high-level positions.

Students can concentrate their degree in human resource management, marketing, or project management while completing core classes in managerial economics, management of change and innovation, and leadership ethics.

Applicants must submit a formal application, letters of recommendation, a resume, and an essay detailing their career goals. Students without prior business experience may need to complete prerequisite coursework for admission. Prerequisites include financial accounting, statistics for managers, economics analysis, and business legal environment studies. The school's MBA holds accreditation from the International Assembly for Collegiate Business Education.


Utica College

Location Utica, NY Tuition $$$$$ Tuition $19,500 % Receiving Financial Aid 75% Student Population 4,463 School Type Private

The online MBA degree at Utica College offers learners eight specializations while providing fundamental knowledge about management, finance, and market logistics.

All MBA students at Utica complete 30 credit hours, including an MBA project proposal and execution sequence. Through 15 credit hours of core classes in business leadership, strategy, and decision-making, students develop skills applicable to business settings. Students can either choose among elective classes to design their own degrees or complete 12 credit hours in one of the program's concentration areas. Specializations in cybersecurity, data analytics, entrepreneurship, and healthcare management offer students advanced content in fields relevant to their professional goals.

Online learners may choose to participate in live-learning opportunities and interact face-to-face with their instructors and colleagues. They can also access recorded content for greater flexibility and convenience. Most students complete this online MBA in New York in two years. The online program holds accreditation from the Accreditation Council for Business Schools and Programs.


Why Consider an Online MBA in New York?

With several well-ranked universities, New York offers many options for degree candidates pursuing an online MBA. Distance learners can choose among 25 online MBA programs in the state, according to NCES. New York has several well-known business schools, including New York University's Stern School of Business, Zicklin School of Business, and Simon Business School.

Since the state ranks among the most expensive places to live in the country, according to a report by the Missouri Department of Economic Development, online learning remains a beneficial option for distance learners. MBA students may also find networking opportunities and internships in New York's financial industry, including at the New York Stock Exchange.

Number of Students Enrolled in Distance Education (2015)

Undergraduate Graduate
Any Distance 157,086 34,756
Exclusively Distance 69,935 19,154
On-Campus 983,513 218,438

Source: Digital Learning Compass

Distance Enrollment by Institution Type (2015)

All Students Graduate Students Enrolled in Any Distance
Private for-profit 45,480 613
Private not-for-profit 531,139 23,708
Public 714,421 10,435

Source: Digital Learning Compass

Degree candidates interested in working in New York after graduation can benefit by choosing a concentration aligned with one of the state's top industries. In New York, leading industries include restaurants, elementary and secondary schools, and hospitals and healthcare, according to New York's Department of Labor. The financial sector also leads the state's economy, according to the Office of the New York State Comptroller, making this industry an ideal career choice for MBA graduates in New York.

While each school offers different options, the following three concentrations can help graduates land a job in these industries. These concentrations prepare students to work in various environments after graduation, including restaurants, schools, and hospitals.

  • Marketing: This concentration focuses on current business and marketing issues, with career outcomes including marketing, advertising, and public relations for organizations and businesses, including restaurants and healthcare facilities.
  • Healthcare Management: By blending a traditional business program with current healthcare issues and trends, a healthcare management concentration prepares you for leadership positions in hospitals, medical offices, and pharmaceutical companies.
  • Entrepreneurship: With an entrepreneurship concentration, students learn to evaluate risk and capitalize on business opportunities. Graduates pursue business-related positions from executive leadership to small business ownership.

Accreditation in New York

The best online MBA programs in New York are offered through accredited institutions. These schools have met the strict academic and ethical standards set by quality control organizations known as accrediting bodies. A school may receive regional or national accreditation depending on which accrediting body assesses the school. Most nationally accredited schools are for-profit vocational or technical institutions, while nonprofit schools typically receive regional accreditation. Of the two types, regional accreditation is generally considered more prestigious. Credits earned at a nationally accredited school are less likely to transfer than those from their regionally accredited counterparts. If you want to improve your career prospects with an online MBA, New York is home to many regionally accredited institutions.

New York Economy, Career, and Job Outlook for MBA Graduates

New York's overall economy grew 1.1% in 2017, with the financial sector leading growth and making up 29% of the state's gross domestic product, according to the Comptroller's Office. The state added nearly 114,000 jobs in 2017, according to the Comptroller's Office, making New York an appealing location for recent MBA graduates to seek employment.

In New York, the largest employers include elementary and secondary schools, restaurants, and general medical and surgical hospitals, according to New York's Department of Labor. Among these industries, the largest employers hire in New York City. According to the Comptroller's Office, education and health services offered the highest rate of employment growth in 2017 with 55,000 new jobs.

Network systems and data communications analyst, financial examiner, and compliance officer were among the fastest-growing occupations in New York in 2017, according to New York's Department of Labor. While financial examiner and compliance officer positions typically require at least a bachelor's degree, an MBA can help employees advance to a senior position, according to the Bureau of Labor Statistics (BLS).

The state also faces economic challenges due to population decreases in the next five years, according to the New York Senate, which can lead to more job openings.

Company Location Main Industry Number of Employees
Sutherland Global Services Inc. Pittsford Process, Physical Distribution, and Logistics Consulting Services 32,000
University of Rochester Rochester Colleges, Universities, and Professional Schools 30,000
New York Presbyterian Hospital New York General Medical and Surgical Hospitals 20,834

Source: CareerOneStop

An online MBA can help recent graduates find employment at any one of New York's largest employers listed above. According to PayScale, popular degrees for employees at Sutherland Global Services Inc. include MBAs. An online MBA also leads to increased self-confidence, credibility, and better communication skills, according to the University of California Haas School of Business. An MBA can also help a candidate stand out in a competitive job market, according to the University of California Haas School of Business.

Earning Potential with an MBA in the State of New York

For graduates, an online MBA increases earning potential and job prospects in New York. In 2013, employees in sales, business, and financial positions were among the highest wage earners for all occupations, according to the BLS. More specifically, the BLS indicates marketing and sales managers earned 51% more than graduates with only a bachelor's degree.

In New York, residents with a graduate or professional degree take home an annual median salary of $74,155, approximately 30% more than residents with only a bachelor's degree, according to the U.S. Census Bureau. Some employers of high-level positions also prefer job candidates with a master's degree, according to the BLS.

Salary for Graduate Business Majors (2015)

Major Median Annual Salary
Business Management and Administration $84,000
General Business $96,000

Source: Georgetown University Center on Education and the Workforce

Careers for MBA Grads in New York

Chief Information Officer (CIO)

Working in organizations such as schools and hospitals, CIOs determine an organization's technology or information goals and oversee the implementation of technology. They may focus on a specific area and handle the day-to-day activities of the organization's information technology department. According to the BLS, CIOs take home an annual median salary of $142,530.

Health Information Manager

Responsible for the maintenance and security of all patient records and data, health information managers supervise medical records and health information technicians. They also must ensure that databases are accurate, complete, and accessible to authorized personnel. The BLS projects health information managers earn an annual median salary of $99,730.

Staffing Manager

Considered part of human resources, staffing managers supervise a team of recruiters and may take on recruiting duties to fill high-level positions in a variety of industries. Also called recruiting managers, the staffing manager position earns an annual median salary of $113,300, according to the BLS.

Payroll Manager

Payroll managers oversee the operations of an organization's payroll department, including processing all payments accurately and on time. They also prepare reports for the accounting department, administer procedures, and resolve any payroll problems or discrepancies. As a payroll manager, the BLS indicates you can earn a median salary of $113,300 per year.

Clinical Manager

Clinical managers oversee a specific healthcare department, such as physical therapy, nursing, or surgery, and design and carry out goals, policies, and procedures for the department. They also develop budgets and reports, and evaluate employee performance. Clinical managers earn a median annual salary of $99,730, according to the BLS.

How to Choose an Online MBA in New York

There are many important considerations to make before settling on an online MBA program in New York. These include factors discussed above like cost, accreditation, and available specializations. The following list includes some key steps to follow during the program research process for MBA options in any state.

  • Compare student outcomes data

    Student outcomes include graduation rate, year-to-year retention rate, the average debt for a graduate from that school, and overall student satisfaction with their degree program. Student outcomes do not guarantee you will be satisfied with a particular program, but can be useful for pinpointing a school's strengths and weaknesses.

  • Estimate the expected costs of your programs

    Virtually every accredited college or university posts tuition rates online. Additionally, you should research other college-related costs like living accommodations and meal plans (if you plan to live on-campus), administrative fees, and technology fees (for online students). You should also look into scholarships, grants, and other forms of institutional financial aid that can offset some of the costs.

  • Check that classes will fit in with your schedule

    Scheduling is critical for students with other important commitments, such as childcare or full-time employment. Many online programs are asynchronous, or self-paced; students in these tracks are free to complete course requirements on their own schedule. Synchronous programs, on the other hand, require weekly online meetings with teachers and fellow students.

  • Look for partnerships with local businesses

    A large number of online MBA programs include internship and/or capstone practicum requirements ― and in many cases, students are able to gain on-the-job training and real-world office experience. You should look into the school's business partnerships, particularly in regard to the industry you plan to enter after earning your MBA.

  • Make sure the program is accredited

    Accreditation status should always be available and easily accessible on a school's website. In addition to regional or national accreditation, some MBA pathways receive programmatic accreditation. Recognized programmatic accreditors for MBA programs include the Accreditation Council for Business Schools and Programs (ACBSP) and the International Accreditation Counsel for Business Education (IACBE).

  • Talk to current students and/or recent alumni

    You should contact the alumni office at each school you are considering and ask to be connected with former students. These individuals can be good sources of information about education costs, life on- and off-campus, local business tips, and other important details for aspiring MBA students.

Online MBA Programs in Surrounding States