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)
