Earning an online MBA in Maryland is an excellent first step toward a lucrative business career in the state. According to the U.S. Bureau of Labor Statistics (BLS), business and financial professionals in Maryland earn a mean annual salary of $80,870 — higher than the national mean salary for such professionals. Moreover, nearly 13% of Maryland residents hold a master's degree, and online education is gaining popularity in the state. Of Maryland's approximately 71,000 graduate students, more than 22,000 study in an exclusively distance format.
This page features a list of MBA programs in Maryland and provides the information you need to decide whether a Maryland business school would suit you. Read on to learn about Maryland's largest employers, the state's booming industries, and which Maryland cities boast the most job opportunities. This page also offers an in-depth look at several possible business careers available to graduates of online MBA programs in Maryland.
Maryland's Best Online MBA Programs
Students researching online MBA programs in Maryland should aim for the best. We have done the research and compiled a ranking of the top five online MBAs in Maryland. All of these schools are accredited regionally or nationally, and individual programs may also hold industry-specific accreditation.
The accreditation process, conducted by independent organizations since the 1880s, ensures that a school provides high-quality education. Accrediting bodies for the schools on this list include:
Middle States Commission on Higher Education (MSCHE)
Association to Advance Collegiate Schools of Business (AACSB)
Online MBA Programs for You
Grow your career, leadership, and business acumen with an accredited online MBA program.
Careers and Salaries for MBA Graduates in Maryland
The Baltimore Workforce Development Board reports that Maryland's fastest-growing careers include information security analyst, forensic scientist, and computer systems analyst. An MBA can serve as a starting point for graduates pursuing these careers. Moreover, online MBA programs allow students to take advantage of projected growth for these occupations, allowing learners to gain professional experience at their jobs while earning advanced degrees.
Centrally located on the East Coast, the biohealth and life sciences industry in Maryland offers opportunities throughout the state. These include over 2,360 life science firms and 500 biotech companies. Of Maryland's major metropolitan areas, Baltimore and Washington, D.C. offer the most job opportunities in biotech and cybersecurity. The state houses some of the leading security agencies for IT and cybersecurity professionals. Data indicates that Maryland offers around 110,000 open positions for professionals with advanced degrees in the field.
Furthermore, of the organizations mentioned on the Cybersecurity 500 list, 15 base their businesses out of Maryland. The advanced manufacturing industry comprises over 3,900 organizations, all demanding highly skilled leaders throughout the state. The Port of Baltimore is one the top deepwater ports in the country, delivering over one-third of America's products. Similarly, Maryland features four foreign trade zones and international airports that move manufacturing products.
| Company | Location | Main Industry | Number of Employees |
|---|---|---|---|
| Patuxent Institute | Jessup | Statue Correctional Services | 15,000 |
| U.S. Social Security Administration | Baltimore | Social Services | 11,400 |
| University of MD Medical Center | Baltimore | Healthcare | 10,494 |
Source: Career One Stop
The careers listed in the above table reflect the largest employers in Maryland. Large-scale organizations need effective leaders who can improve and protect the bottom line. Professionals holding MBA degrees may qualify for opportunities offered by these organizations. MBA programs teach students to operate businesses efficiently and qualifying graduates to work with these employers, depending on their concentration.
Concentration options include MBAs in accounting, asset management, strategic operations management, homeland security, and innovation management.
Careers for MBA Grads in Maryland
MBA Concentrations for Maryland Students
Students can pursue a concentration for their Maryland online MBA to prepare for a particular business administration career. When choosing a specialization, learners should consider their personal interests and career goals. They should also account for Maryland's growing occupations and most important industries.
Key industries in Maryland include information technology, cybersecurity, manufacturing, aerospace, financial services, and agriculture. Occupations in Baltimore with the most job openings include operations manager, management analyst, and business operations specialist. Visit this specializations hubto learn more about MBA focus areas.
