As the saying goes, "if you can make it in New York City, then you can make it anywhere." That entrepreneurial spirit extends to business schools in NYC. Given the city's status as one of the business capitals of the world, many students can receive unique internship and fellowship opportunities.
By pursuing online MBAs at various NYC schools, learners can reap all of the benefits of attending school in New York without ever having to visit in person. Enrolling in online degrees allows students to save money on housing costs while staying at home. Additionally, online students can still benefit from the connections that NYC business schools maintain with local and national employers.
To learn more about the best online MBA programs in NYC, see the following list of ranked schools.
|Rank||School||Location||Cost||Toggle||Logo||Tuition||% Receiving Financial Aid||Student Population||School Type||Description|
Saint Joseph's College - New York
|Location Brooklyn, NY||Tuition $$$$$||Tuition $18,720||% Receiving Financial Aid 54%||Student Population 4,749||School Type Private||
St. Joseph's College New York is a liberal arts college with campuses in Brooklyn and Long Island. SJC Online's MBA develops students' managerial skills for executive-level positions. Students can learn to deploy theoretical and quantitative skills to address everyday business challenges. The 36-credit curriculum covers topics such as leadership and managerial development, corporate financial management, organizational theory and design, and management information systems.
During a course focused on integrative analysis in management, students can examine how to use research methodology within organizations by participating in work-related research projects. Enrollees may specialize with an online MBA in healthcare administration that trains business professionals to become well-versed in the financial, managerial, political, and regulatory aspects of the healthcare sector. Online students all pay the same tuition rate regardless of in-state or out-of-state residency. Admission to these MBA programs in NYC requires a minimum 3.0 GPA, the GMAT, and substantial work experience.
|Location New York, NY||Tuition $$$$$||Tuition $78,000||% Receiving Financial Aid 57%||Student Population 12,843||School Type Private||
Pace University prepares future leaders to excel in various disciplines through a curriculum that blends academics with internships, research, and other real-world experiences. The school's executive MBA enrolls experienced business managers seeking career advancement. Students can complete the 54-credit executive MBA in 20 months by combining online coursework with quarterly residencies. The eight-course curriculum consists of experiential, project-based coursework that examines subjects such as business analysis, marketing, corporate finance, and corporate diversification strategy.
During 10 three-day residencies, students can participate in group projects and build their community with a network of peers. As one of the best business schools in NYC, Pace offers a rigorous capstone in the form of a business simulation and independent project. In the project portion, students explore a new business idea or a challenge in the field that they wish to address. Admission requires at least five years of managerial experience and school transcripts. Pace does not require GMAT scores. All students pay the same tuition rate, regardless of residency.
|Location Riverdale, NY||Tuition $$$$$||Tuition $41,040||% Receiving Financial Aid 62%||Student Population 4,071||School Type Private||
Founded in 1853, Manhattan College is a Lasallian Catholic institution located in the Bronx. The school enrolls about 4,000 students in programs that embrace liberal arts and hands-on learning. The 36-credit online MBA develops students' expertise in analytical decision-making and leadership skills. The curriculum covers topics such as financial management, advanced data analysis, stock market and corporation valuation, and managerial economics.
All students can complete a module focused on leadership and social justice which examines subjects such as employment law and environmental economics and policy. The program features experiential learning opportunities such as internships at prominent companies, entrepreneurial projects, international study trips, and business plan projects. Students without a business degree can complete an MBA bridge program that gives learners the foundational business knowledge they need for success in one of the best online MBA programs in NYC. Admission requires a minimum 3.0 GPA and GMAT results.
|Location Bronx, NY||Tuition $$$$$||Tuition $27,504||% Receiving Financial Aid 61%||Student Population 6,858||School Type Private||
For more than 80 years, Monroe College has provided New Yorkers and others with the practical education needed for success in a changing workplace. The school offers several online programs, including an MBA designed for business professionals. One of the best MBA programs in NYC, the 37-credit curriculum develops students' professional competence in areas such as managerial economics, managerial finance, financial statement analysis, and strategic management. The program offers six concentrations, including finance, entrepreneurship, community development, and healthcare management.
Students may use nine elective credits to pursue additional specialized knowledge. Monroe hosts comprehensive support services, including a student services counselor responsible for guiding each student in their studies. Enrollees receive access to 24/7 online tutoring or one-on-one assistance at the learning resource centers on campus. Students pay the same tuition rate, regardless of residency, and applicants without a business background may need to complete foundational courses. The college requires school transcripts, but does not require GMAT scores.
Career Outlook With an MBA in NYC
The top MBA programs in NYC with online courses generally cluster in the outer boroughs like Queens, the Bronx, and Brooklyn. As the hub of the Empire State, New York City houses several of New York's best online MBA options, including programs at St. John's University, Saint Joseph's College, Pace University, and Monroe College. Interested students should explore the New York state page on this website.
A non-resident student interested in pursuing an MBA at one of New York City's schools may find online options more palatable, given the city's famously expensive housing costs. Moreover, these students can live elsewhere while completing their degrees and setting themselves up for employment in New York City after graduation.
As you might expect, the top industries for MBA graduates in New York City include management and business, as well as financial operations. Combined, these two industries account for nearly 1.1 million jobs in the New York City metropolitan area. Equipped with an MBA from a local school, graduates can sometimes find success at job interviews by leveraging connections with their business school.
In addition to plenty of job opportunities for local MBA graduates, New York City companies also pay higher annual salaries to account for the city's higher cost of living. Even after paying for expensive housing and other basic needs, business professionals generally still have approximately 60% of their income remaining for other uses -- a higher figure than people might expect for New York City.
Education Statistics for New York City, New York
|Metro Area||Percentage of Open Business Positions||Percentage of Remaining Discretionary Income After Expense||Average Unemployment Rate for Individuals 20-29 Years Old|
|New York-Newark-Jersey City||6.4||60.8||9.1|
Source: Move.org, 2019
MBA Salary in NYC
Salary Outlook for MBA Graduates in New York-Newark-Jersey City Metro Area
|Occupation Group||Annual Mean Wage||Examples of Job Titles|
|Management||$161,960||Chief Executives, General Operations Managers, Sales Managers|
|Business and Financial Operations||$97,410||Buyers/Purchasing Agents, Compliance Officers, Human Resources Specialists|
Source: Bureau of Labor Statistics (BLS)
Average Salary for MBA Graduates in New York, NY$108,444
MBA Employment in NYC
Employment Outlook for MBA Graduates in New York-Newark-Jersey City Metro Area
|Occupation Group||Employment||Examples of Job Titles|
|Management||504,090||Chief Executives, General Operations Managers, Sales Managers|
|Business and Financial Operations||593,610||Buyers/Purchasing Agents, Compliance Officers, Human Resources Specialists|
Source: Bureau of Labor Statistics (BLS)