Credit: LeoPatrizi / E+ / Getty Images
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.
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.
Online MBA Programs for You
Grow your career, leadership, and business acumen with an accredited online MBA program.
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
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)
Top Online MBA Programs in NYC
If you've decided to earn an online MBA in New York City you should shoot for the best. We've compiled a ranking of the top four online MBA programs in NYC. The schools on our list hold regional or national accreditation. Some are also accredited through an industry-specific body. Accreditation, an independent process conducted by outside organizations since the 1880s, verifies that a school offers high-quality academics. The schools below may be accredited by:
- Middle States Commission on Higher Education (MSCHE)
- Association to Advance Collegiate Schools of Business (AACSB)
-
St. John's UniversityLocation
Queens, NY
Graduation Rate61%
A Catholic university established in Brooklyn in 1870, SJU moved to Queens in 1954. Today, the university enrolls more than 21,000 students across four New York campuses, three international campuses, and online.
SJU's Peter J. Tobin College of Business offers an online MBA with 10 concentrations, including taxation, risk and financial advisory, and strategic management. Students may take courses in real time or at their convenience. Learners complete all classes online or enroll onsite for less than 50% of their total course load.
Students in all concentrations take the same core courses, including industrial economics, managing for global success, and a capstone seminar in business policy. They follow up with nine credits in their chosen specialization.
Applying to SJU
Applicants need a bachelor's degree, recent GMAT or GRE scores, a resume, a statement of professional goals, and two letters of recommendation (professional or academic).
Program at a Glance
School Type: Private
Accreditation: MSCHE, AACSB
Tuition: $1,360/credit
Required Credits: 36-57 credits
Program Length: 3 semesters (full time); 3 years (part time)
Delivery Format: 100% online -
Pace UniversityLocation
New York, NY
Graduation Rate56%
Established in New York City in 1906 as a business school, Pace now features more than 100 majors and welcomes approximately 13,000 students each year.
Through its Lubin School of Business, Pace offers an online MBA with concentrations in business, corporate finance, and marketing management. The hands-on program covers real-world applications, preparing learners for today's business complexities. All students take the same 10 core courses, including business economics for decision-making, managing operations and projects, disruptive technologies and innovation, and three courses in their selected concentration. The department does not require prerequisite courses.
Applying to Pace
Applicants must hold a bachelor's degree with either a minimum GPA of 3.0 or satisfactory GRE or GMAT scores. Applicants must also submit official transcripts, a current resume, a personal statement, and two letters of recommendation.
Program at a Glance
School Type: Private
Accreditation: MSCHE, AACSB
Tuition: $1,375/credit
Required Credits: 39 credits
Program Length: 1 year (full time); 2 years (part time)
Delivery Format: 100% online -
Manhattan CollegeLocation
Riverdale, NY
Graduation Rate74%
Founded in Manhattan in 1853, Manhattan College moved to Riverdale, in the Bronx, in 1922. Today, the Catholic college enrolls nearly 4,000 students annually.
The college's O'Malley School of Business offers an online MBA. Students may choose a generalist program or concentrate in one of three areas: finance and economics, business analytics, and organizations, markets and sustainability. The program offers experiential learning opportunities like research competitions, internships, and international study trips.
Those without business backgrounds must complete a four-course online bridge program in the summer before their program begins.
Applying to Manhattan College
Admission requirements include a bachelor's degree with a minimum 3.0 GPA and a GMAT score of at least 500 or comparable GRE scores. Applicants must also submit a resume and two letters of reference (one from an academic source).
Program at a Glance
School Type: Private
Accreditation: MSCHE, AACSB
Tuition: $1,180/credit
Required Credits: 36-48 credits
Delivery Format: 100% online -
St. Joseph's College New YorkLocation
Brooklyn, NY
Graduation Rate68%
A small, private university established as a women's college in 1916, SJCNY became coed in 1970. Today, the university serves nearly 5,000 students each year across two campuses and online.
SJCNY's Graduate School of Management Studies offers an online MBA with a generalist focus. The program stresses both business and managerial skills, preparing students to lead modern companies. Throughout the program, students work in teams, replicating the cross-functional groups that play a prominent role in most modern businesses. All students take the same courses, including leadership and managerial development, statistical applications in research and management, and integrative analysis in management.
Applying to SJC
Applicants must hold a bachelor's degree with a GPA of at least 3.0 and submit a resume showing significant related experience. In some cases, the department may accept a strong GMAT score in lieu of the GPA or work requirement.
Prospective students must also submit two letters of reference, current verification of employment, an essay, and immunization forms. In addition, applicants must meet all undergraduate prerequisite requirements before beginning their program.
Program at a Glance
School Type: Private
Accreditation: MSCHE
Tuition: $712/credit
Required Credits: 36 credits
Delivery Format: 100% online
Online MBA Programs in Surrounding States
Recommended Reading
Search Programs by Concentration
View schools and degrees from across the country.
Find the right program to advance your career.