With the 11th-largest workforce in the nation, New Jersey offers a diverse variety of exciting career possibilities for MBA graduates. By completing an MBA program in New Jersey, graduates qualify for a great selection of lucrative occupations across a variety of industries. Financial managers, marketing managers, and computer and information systems managers appear among New Jersey’s top 20 highest-paid professions, and the state ranks among the top-paying states for a selection of other management-level jobs, several of which appear in the following sections.
This page also provides a list of online MBA programs in New Jersey, plus detailed job descriptions for graduates, occupational data including job outlook and salary data, and an overview of how New Jersey’s biggest industries offer a wealth of opportunities for MBA graduates.
Careers and Salaries for MBA Graduates in New Jersey
New Jersey industries span the fields of technology, healthcare, manufacturing, life sciences, and financial services, all of which require knowledgeable, competent professionals to manage and oversee operational and organizational details.
Additionally, New Jersey is one of the top-paying states for management occupations — these workers earn an annual mean wage of $121,560, according to the U.S. Bureau of Labor Statistics (BLS). The New York-Newark-Jersey City metropolitan area also features the highest employment level for management occupations, with more than 500,000 individuals working in managerial positions.
Metropolitan areas such as New Brunswick, Newark, and Madison are home to major corporate headquarters, including those for Johnson & Johnson, Prudential Financial, Merck, Honeywell International, and NRG Energy. Data indicates that job opportunities in the management and business administration fields should grow in coming years.
For instance, the BLS projects financial manager positions in the United States to grow by 16% between 2018 and 2028 — much faster than the national growth average for all occupations.
Pursuing an online MBA can help students begin flourishing careers in a strong economic landscape. The table below includes information about New Jersey’s top three employers, which fall within the sectors of manufacturing, national security, and scientific and technical consulting.
An MBA program’s core curriculum covers business-related subjects like economics, finance, organizational behavior, marketing, accounting, and human resources. Many programs offer students the option to further specialize and pursue concentrations geared toward specific industries, such as healthcare administration and professional accounting. Concentrations in information security, strategic operations, and human resources may particularly serve New Jersey workers.
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Careers for MBA Grads in New Jersey
Medical and Health Services Manager
Medical and health services managers work in hospitals, nursing homes, and other clinical settings, where they oversee their organizations’ services. These professionals manage staff, track ensure their facilities comply with regulations, and take care of budgets. Many medical and health services managers hold MBAs, which prepare them for accounting and budget management, personnel management, and health information systems.
New Jersey employed 11,260 medical and health services managers as of May 2018, where these professionals earned an annual mean wage of $116,750, according to the BLS. Projections Central projects a 17.5% uptick in demand for the profession between 2016 and 2026.
Human resources managers oversee personnel administration for their organizations. They typically hire staff, administer benefits, liaise between staff and management, and solve personnel-related problems within their organizations. Some employers require human resources managers to hold master’s degrees, such as MBAs, through which students can learn applicable skills in labor relations, regulations, and management.
According to the BLS, New Jersey employed 4,100 human resources managers as of May 2018, paying them an annual mean wage of $169,040. This made New Jersey the highest-paying state for human resources managers. Projections Central estimates that these professionals will experience an 8.1% increase in demand in New Jersey from 2016 to 2026.
Finance managers stay current on their company’s financial matters. They analyze records, direct cash flow, oversee investment choices, and report their findings to executives. These professionals may also manage staff teams on matters related to budgeting, spending, risk management, and insurance. Employers often require finance managers to hold an MBA, which equips them to handle the intricacies of financial strategies and systems.
As of May 2018, New Jersey employed 21,340 finance managers, according to the BLS. These professionals earned an annual mean wage of $175,880 in that time period, ranking New Jersey as the second-highest paying state for finance managers. Projections Central projects that demand for finance managers in New Jersey will increase by 16.7% between 2016 and 2026.
Computer and information systems managers, or IT managers, oversee the computer-based operations of their companies. Areas of responsibility may include strategizing with executives about technological purchases and upgrades and managing IT teams. Because IT managers deal with budgets and oversee big-picture strategies, MBAs can serve as extremely helpful preparation, for which reason employers often require them.
According to the BLS, New Jersey employed 14,280 IT managers as of May 2018. These workers earned an annual mean wage of $176,690, making New Jersey the third-highest paying state for the profession. Projections Central expects a 7.8% increase in demand for IT managers between 2016 and 2026.
Industrial production managers deal with big-picture logistics regarding the production of goods. They create schedules, ensure the maintenance and proper operation of equipment, hire staff, report to executives, and handle quality control issues. Production managers with their MBA qualify to work for big plants and corporations, where the degree can help them oversee a larger-scale operation.
New Jersey employed 5,090 industrial production managers as of May 2018, according to the BLS. They earned an annual mean wage of $133,020 during the same time period, making New Jersey the third-highest paying state for the job. Projections Central expects a 5.5% increase in demand for production managers in New Jersey — about the same as the national average across all occupations.
Key New Jersey industries should influence students’ concentration choices regarding MBA programs in New Jersey. With a heavy focus on clean financial services, healthcare, technology, and manufacturing, MBA students in New Jersey may specialize in areas like finance, healthcare management, information technology, or supply chain management, depending on their area of interest.
By paying attention to thriving industries in the state, MBA students can set themselves up for great opportunities as they enter the job market. For specific details about potential MBA concentrations, visit this page.
Using a centralized list of online MBA programs in New Jersey, prospective students can easily access basic information such as program descriptions and direct links to more information. Moreover, all schools on the following list hold accreditation — important to consider when choosing an MBA program. Conducted by regional, national, and programmatic agencies, MBA accreditation measures online and in-person programs against an approved set of standards.
A Catholic liberal arts institution founded in 1939, Caldwell University hosts an online master of business administration program that students can finish in less than two years. This degree track offers a well-rounded MBA that consists of 11 courses (33 credits). Core classwork covers advanced business strategy, global business management, operations management, and strategic human resource management. Additionally, all graduate students must complete a capstone course and project.
Incoming students to this online MBA program in New Jersey may transfer up to six graduate-level credits from other accredited schools, provided they earned these credits within the last five years. Applicants who already hold a bachelor's degree in business must submit two letters of recommendation, a personal statement, and boast at least three years of substantial business experience. Prospective students with undergraduate degrees in nonbusiness fields must complete prerequisite courses in economics and basic accounting, submit three letters of recommendation, and interview with the admissions team.
Established in 1867, Centenary University is a private liberal arts institution located in Hackettstown. The school offers a master of business administration that students can complete through online and hybrid formats. By taking eight-week accelerated courses, distance learners graduate in approximately two years. Students take 13 courses (39 credits) and complete a business strategy capstone course at the end of the program. MBA students select five elective classes, choosing from courses in global business environment, financial management, quantitative analysis, human resource management, organizational theory, and challenges in marketing.
Graduates of this New Jersey online MBA program understand the legal and cultural components of productive workplaces and gain the ability to analyze and improve business performance. Applications should include a personal statement and a list of academic references. Centenary University's MBA program holds accreditation from the International Assembly for Collegiate Business Education.
Established as a public research institution in 1908, Montclair State University currently offers an online master of business administration degree with concentrations in digital marketing, human resources management, marketing, and project management. Accredited by the Association to Advance Collegiate Schools of Business, this MBA program features courses in managing the multibusiness firm, emerging trends in global markets, sustainability and corporate responsibility, and negotiation in the workplace.
This flexible New Jersey online MBA program allows students to choose from six starting points throughout the calendar year. While students can pursue any of the school's concentrations entirely online, Montclair State also offers a hybrid Saturday MBA program for learners who want to receive face-to-face instruction. Faculty deliver courses asynchronously to provide flexibility for working adults. Degree seekers complete 36-39 credits to graduate. Applicants must submit their GMAT or GRE scores unless they earned an undergrad GPA of 3.0 or higher. Accepted students without prior coursework in accounting, statistics, and finance can take self-paced modules in those areas to meet prerequisites.
Established in Newark in 1881, New Jersey Institute of Technology operates as a public research university and educates approximately 11,500 students. Among its catalog of more than 65 graduate programs, the school offers a master of business administration degree that students can complete entirely online. Accredited by the Association to Advance Collegiate Schools of Business International, NJIT's MBA includes specialized tracks in management information systems, finance, and marketing. Students may also earn a graduate-level certificate in management essentials or management of technology.
Students enrolled in this online MBA program in New Jersey take classes that cover management consulting, competing in global markets, and managerial economics. Students must complete 48 credits to graduate, and each degree track features 12 credits of specialization-specific coursework and six credits of capstone courses. Applicants must hold a bachelor's degree from a regionally accredited school earned with a minimum 2.8 GPA, and competitive students should possess a minimum 500 GMAT score (or the GRE equivalent). Applications also ask for one letter of recommendation, a personal statement, and a resume.
Established in 1865, Rider University is a private school located in Lawrenceville. Its master of business administration degree focuses on advanced business theory, collaborative projects, and case analyses. Students take classes asynchronously and participate in online discussion boards, team projects, and presentations. Learners need to complete 32 credits to graduate, and full-time distance students can finish the program in as few as 12 months.
Degrees seekers can apply for conditional admission into this New Jersey online MBA program and take any/all prerequisite courses entirely online. Incoming students may also take waiver exams to avoid taking prerequisite classes, including calculus, statistics, accounting, management, and economics. Accepted students receive a dedicated academic coordinator to assist with scheduling and registration. These coordinators also act as academic advisers and help distance learners graduate on time. Incoming students can transfer up to six graduate-level business credits as electives toward their degree. Applicants must hold a 3.3 GPA or higher and submit their GMAT scores.
Rowan University -- a public research institution located in Glassboro -- opened its doors in 1923. Students at Rowan can pursue a master of business administration through hybrid or online formats. Participants enroll part time and complete 12 graduate classes, which consist of nine required courses and three electives. Students typically take two courses per semester for six consecutive semesters. Degrees seekers can complete the program in less than 24 months.
Required courses include marketing management, managerial accounting, international business, and society and managing organizational strategy. Prospective graduate students must submit a resume, a statement of professional objectives, two letters of recommendation, and GRE scores. Competitive applicants boast a minimum 2.5 undergraduate GPA. Rowan also expects applicants to have completed foundational courses in calculus, statistics, accounting, marketing, finance, and operations management.
Founded in 1766, Rutgers University-Camden hosts many distance learning programs, including a master of business administration that students can complete entirely online. This program holds accreditation from the Association to Advance Collegiate Schools of Business International. Students learn to serve as ethical, inclusive, and transformational business leaders who can facilitate change and deliver positive results. MBA students need 42 credits to graduate and can earn their degree in two years or less.
Prospective students should hold a bachelor's degree from a regionally accredited institution earned with a 3.2 GPA or higher. Applications also need to include GMAT, GRE, or LSAT scores; a personal statement; two letters of recommendation; and a resume. Graduates of this online MBA program in New Jersey can secure employment as operations research analysts, information technology managers, human resource specialists, and information security analysts.
A private Roman Catholic institution, Seton Hall University operates out of South Orange. Established in 1856, the school's student body consists of approximately 12,000 students. Seton Hall offers a 40-credit master of business administration degree for online students, and full-time learners can complete this program in about two years. Participants chose from concentrations in accounting, finance, and marketing. Students focus on accruing cross-functional business knowledge, analytical skills, international business savvy, and leadership skills.
Competitive applicants hold a minimum 3.0 GPA and a score of at least 500 on the GMAT (or a 152 on both the quantitative and verbal sections of the GRE). Prospective students with more than five years of work experience and a GPA of at least 3.4 need not submit test scores. Individuals who earn this online MBA in New Jersey can seek out positions as compliance officers, financial managers, business operations managers, and marketing managers.
Stevens Institute of Technology -- a private institution located in Hoboken -- serves approximately 6,200 students and stands as one of the oldest technical schools in the nation. Its online master of business administration program focuses on technology-based management education and emphasizes leadership, innovation, and business analytics. Incoming students may need to take prerequisite courses in financial management, managerial accounting, and/or economics. Core courses at Stevens include leader development, applied analytics, and administrative judgment. MBA students choose four elective courses to create a flexible specialization. Learners also take a capstone class where they demonstrate mastery of course materials.
Students enrolled in this online MBA program in New Jersey may choose to participate in the Field Consulting Program. This internship-style opportunity involves hands-on work with managers and employees of actual companies, giving distance learners a practical business experience. Applicants must submit their GRE or GMAT scores and two letters of recommendation.
Established in 1972, Thomas Edison State University is a public institution located in Trenton. The school offers an accelerated, career-focused master of business administration that students can complete entirely online. Available concentrations include accounting, data analytics, finance, healthcare management, human resource management, and marketing. Faculty deliver some required courses synchronously, requiring students to login and participate at specific times. Each class lasts eight weeks, and full-time students can complete the program in as few as 15 months.
This New Jersey online MBA program does not usually ask applicants to submit standardized test scores, although the dean may request GMAT scores on a case-by-case basis. Competitive applicants hold a bachelor's degree from a regionally accredited college or university earned with a 3.0 GPA or higher. Applicants should also boast at least two years of work experience and a solid understanding of business activities, including marketing, financial reporting, management, and operations. Prospective students must submit a personal essay and a resume as part of their application packet.