Best MBA Programs In Massachusetts That Would Make You Outstanding [2023]
MBA programs in Massachusetts are outstanding and are suited for students who desire to be associated with world-class training.
Did you know that entry-level salaries for MBA degree holders typically range between $77,020 and $128,750?
While M.S. in management degree holders, entry-level salaries are between $50,000 and $86,000. Mid-career salaries can be between $127,000 and $152,000.
Well, if you were in doubt about taking any of the MBA programs in Massachusetts, the above should clarify that.
But if you want specialized knowledge in a specific area, then an M.S is your best bet.
MBA Programs in Massachusetts
1. Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts.
It has a large full-time MBA program, management-related doctoral programs, and many executive education programs.
The school opened in 1908 and received independent status in 1910.
Ranking: 5th in the Nation (U.S News) and 1st in the world (Financial times)
Some prominent Alumni: Andy Jassy (CEO of Amazon), Bill Ackman (hedge fund manager), Rahul Bajaj (CEO of Bajaj Auto), Steve Bannon (former White House advisor and former chairman of Breitbart News Network), etc.
Courses Offered: The MBA programs offered by this Massachusetts university are Accounting and Management; Business, Government and the International Economy; Entrepreneurial Management; Finance; General Management; Marketing; Negotiation, Organizations & Markets; Organizational Behavior; Strategy; and Technology and Operations Management.
Tuition: $73,440
Acceptance Rate: 11.5%
GMAT & GPA Requirement: 730 & 3.69
2. University of Massachusetts Lowell Robert J. Manning School of Business – Lowell, Massachusetts
The Robert J. Manning School of Business is the business school at the University of Massachusetts, Lowell.
This school’s MBA program is internationally accredited by AACSB International (AACSB). Also, this school is housed in the Pulichino Tong Business Center, since April 2017.
John Pulichino ’67 and Joy Tong ’67 (both alumni of the school), donated over $4 million in scholarship funds for Manning School students.
Hence the naming of the building in honor of Pulichino and Joy.
Ranking: 51st in the nation by US News
Courses Offered: accounting, entrepreneurship, finance, general management, international business, leadership, marketing, and management information systems.
Tuition: In-state tuition is $25,100
Some Notable Alumni: Benjamin McEvoy, Mya Neary, Nadine Chamoun, Nicole Hayek, etc.
GMAT & GPA Requirement: 525 & 3.0 (at least)
3. University of Massachusetts Amherst Isenberg School of Management – Amherst, Massachusetts
The Isenberg School of Management is the business school at the University of Massachusetts Amherst.
It is in Amherst, Massachusetts. This school is internationally accredited by the AACSB and ACPHA.
Rank: 28th
Courses Offered: Public Policy and Administration, Sport Management, Civil Engineering, Environmental Engineering, Industrial Engineering, and Mechanical Engineering.
Tuition: $14,778 per year (in-state); full-time: $33,536 per year (out-of-state);
Notable Alumni: Serena Williams (4x Olympic Gold Medalist and 23x Grand Slam-winning tennis player), Andy Nesvet (Managing Director for Transaction Services at Citigroup), Anshu Jain (former Global co-CEO of Deutsche Bank, Jay Monahan (4th Commissioner of the PGA Tour), etc.
Acceptance Rate: 38%
GMAT & GPA: 603 – 675 & 3.51
4. University of Massachusetts Dartmouth Charlton College of Business – North Dartmouth, Massachusetts
The University of Massachusetts Dartmouth (UMass Dartmouth or UMassD) is a public research university in Dartmouth, Massachusetts.
This school is located at 285 Old Westport Road, North Dartmouth, MA.
Like other business schools, it is also AACSB-approved.
Ranking: Unranked in best business schools (U.S. News)
Tuition: In-state $15,390 and outstate is $29,578 (Both full time)
Courses Offered: Accounting, Finance, General business administration, Management, Marketing, and operations management.
GMAT & GPA: 25-75th percentile & 3.13
Acceptance Rate: 86%
5. New England College of Business – Boston, Massachusetts
New England College of Business (or NECB) is a private college located in Boston, Massachusetts.
It was founded in 1909, and it offers degrees in Digital Marketing, International Business, etc.
The school lost the power to operate independently in 2020. Since then, it operates as a subdivision of Cambridge College.
As of 2020, the school no longer operates independently and is a subdivision of Cambridge College.
Nevertheless, it is accredited by the New England Association of Schools and Colleges (NEASC) and also licensed by the Massachusetts Department of Higher Education.
Rank: 2089 in the U.S (edurank.org)
Tuition: Roughly $24,000
Acceptance Rate: About 90%
Courses Offered: Business administration, Business administration accounting, Business administration strategic sales management.
GMAT & GPA Requirements: 500 or higher & 3.15
6. Suffolk University Sawyer Business School – Boston, Massachusetts
The Business School is one of the three schools comprising Suffolk University in Boston, Massachusetts.
Suffolk University in Boston, Massachusetts was founded in 1906 while the Business School was founded in 1937 by Gleason Leonard Archer.
Also, being one of the schools with good MBA programs in Massachusetts, it is also accredited by the AACSB.
Rank: Ranked best business school for 2022 (Princeton review)
Tuition: $1,700 per credit
Courses Offered: MBA, Executive MBA, MBA/hEALTH, MBA/Non-profit.
Acceptance Rate: 62%
GMAT & GPA Requirements: 25th-75th percentile & 2.73 – 3.57
7. Worcester Polytechnic Institute Robert A. Foisie Business School – Worcester, Massachusetts
This business school offers studies that are stem-related. Foisie business school is accredited by the AACSB and ABET.
With a degree from Folsie, you would be sought after by Pratt and Whitney, Accenture, GE, etc.
Rank: ranked No.83 in part-time MBA.
Courses offered: The courses offered are accounting, actuarial science, e-commerce, economics, entrepreneurship, finance, general management, health care administration, industrial management, leadership, manufacturing and technology management, marketing, management information systems, production/operations management, organizational behavior, supply chain management/logistics, quantitative analysis/statistics, and operations research, and technology.
Tuition: For full-time, tuition is $45,000.
Acceptance rate: 60%
GPA: 3.89
8. Northeastern University D’Amore-McKim School of Business – Boston, Massachusetts
The D’Amore-McKim School of Business dates back to 1907 when the Boston Young Men’s Christian Association’s School of Commerce and Finance began offering business courses (YMCA).
The school’s main goal was to prepare students for careers in business. 208 students were enrolled in 25 courses in the first year.
The School of Business Administration opened in September 1922 after years of planning and deliberation.
Former students Richard D’Amore and Alan McKim gave $60 million to Northeastern on September 12, 2012.
The school was renamed D’Amore-McKim School of Business to honor them. Also, this university’s MBA program is AACSB accredited.
Rank: No.85 (tie) in best business schools (U.S. news)
Tuition: in-state $90,200
Acceptance rate: 18%
Courses offered: Accounting, Data Analytics, Entrepreneurship, Finance, General Business, Healthcare Administration, Hospitality Management, Information Systems, Innovation, International Business, Law, Leadership, Management, Marketing, Media, Operations Research, Organizational Behavior, Quantitative Methods, Science and Technology, Sports Management, Statistics, Strategic Management, Supply Chain and Taxation
GMAT & GPA: 633 & 3.5
9. Babson College F.W. Olin Graduate School of Business – Wellesley, Massachusetts
Babson College is a Wellesley, Massachusetts business school.
It was founded in 1919 to promote entrepreneurship education.
Born as an all-male business school, it became coeducational in 1970.
On September 3, 1919, the Babson Institute opened its doors to 27 students in the former home of Roger and Grace Babson on Abbott Road in Wellesley Hills.
The school’s founder, Roger Babson, wanted to set it apart from other business schools.
The Institute taught production, finance, and distribution fundamentals in one academic year rather than four.
The curriculum included four subjects: business psychology, financial management, and personal efficiency (which covered topics such as ethics, personal hygiene, and interpersonal relationships).
Tuition: in-state ($115,244)
Acceptance rate: 24.4%
Courses offered: Accounting, Data Analytics, Economics, Entrepreneurship, Finance, General Business, Information Systems, International Business, Leadership, Management, Manufacturing, Marketing, Operations Research, Organizational Behavior, Quantitative Methods, Science and Technology, Statistics, Strategic Management, and Supply Chain
Rank: No.57 in best business school.
GMAT & GPA: 599 & at least 3.5
Alumni: Ernesto Bertarelli (Swiss businessman), Arthur M.( co-founder and former CEO of The Home Depot), Peter Boss ( race car driver), Edward Maurice Bronfman (businessman, founder of Edper Investments), Matt Chatham (former NFL linebacker with the New England Patriots), Terrell Braly (founder of Quiznos), Gustavo Cisneros (President/CEO of Organizacion Diego Cisneros), Craig Robert Benson (businessperson, former Governor of New Hampshire), Vincent E. Boles (Major General US Army).
10. Hult International Business School – Cambridge, Massachusetts.
Hult International Business School has campuses in Cambridge, London, San Francisco, Dubai, New York City, and Shanghai.
Bertil Hult, a school benefactor, named Hult.
On the Ashridge Estate campus, Hult offers undergraduate, master’s, and MBA degrees, as well as executive education.
Hult is the successor to the Arthur D. Little School of Management (Cambridge, MA) and the Ashridge Business School (Ashridge, England).
The school sponsors the Hult Prize for student entrepreneurs.
The Arthur D. Little School of Management was purchased by Swedish billionaire Bertil Hult in 2002 and renamed Hult International Business School in 2003.
Hult restructured its curriculum to focus on global business, resulting in global campuses in Dubai (2008), San Francisco (2010), Shanghai (2011), and New York (2014).
In 2007, Hult acquired Huron University in London, an American private university in the Bloomsbury district, and renamed it Hult International Business School London.
In 2014, Hult International Business School acquired Ashridge Business School, forming one of the world’s largest business schools.
After 2015, the two schools merged, with Ashridge Executive Education becoming Hult’s executive program.
In 2014, Hult opened an undergraduate campus near the City of London.
The British Accreditation Council for Higher Education and the New England Association of Schools and Colleges accredited Hult’s degrees.
Hult’s global research centers also conduct business and market research.
Hult is classified as a more Selective Institution by Carnegie.
Tuition: full time tuition is $49,950
Acceptance rate: The acceptance rate of this business school is 28%
Courses offered: Executive MBA, Hybrid MBA
Notable Alumni: Thabo Mbeki (2nd President of South Africa), Htin Kyaw (9th President of Myanmar), Luis Abinader (President of the Dominican Republic), Gary Smith (CEO of Ciena), André Bier Gerdau Johannpeter (CEO of Gerdau), Hixonia Nyasulu (Chairwoman of Sasol), Oba Otudeko (Founder of Honeywell Group and Forbes Africa’s 40 Richest), etc.
GMAT & GPA: average of 610 and a GPA of 3.15
Frequently Asked Questions
10 Most Expensive MBAs in Massachusetts
The ten most expensive MBAs in Massachusetts are:
Babson College – $115,244.00
Northeastern University – $90,200.00
Suffolk University – $80,595.00
Massachusetts Institute of Technology – $77,168.00
Hult International Business School – $76,200.00
Worcester Polytechnic Institute – $75,168.00
Harvard University – $73,440.00
Simmons University – $72,745.00
Clark University – $71,688.00
Boston University – $55,480.00
10 Least Expensive MBAs in Massachusetts
The ten least expensive MBAs in Massachusetts are:
University of Massachusetts Amherst – $14,778.00
Salem State University – $19,810.00
University of Dartmouth Massachusetts – $20,420.00
University of Massachusetts Lowell – $25,100.00
University of Boston Massachusetts – $27,375.00
Western New England University – $39,216.00
Bentley University – $43,200.00
Stonehill College – $46,642.00
Boston College – $53,250.00
Brandeis University – $54,596.00
GMAT Scores Needed for MBA Programs in Massachusetts
The average GMAT score required for an MBA in Massachusetts is 591
Schools that Require High GMAT Scores for MBA
The schools that require high GMAT scores are:
Stanford University – 737
Northwestern University – 728
Massachusetts Institute of Technology – 724
University of Pennsylvania – 730
Harvard University – 729
The University of Chicago – 726
Yale University – 725
Brown University – 722
Columbia University – 720
University of California, Los Angeles – 719
Dartmouth College – 717
Schools that Require Low GMAT Scores
The schools that require low GMAT scores are:
Prairie View A&M University – 385
University of St. Thomas-Houston – 387
Montana State University – 394
The University of Texas Rio Grande Valley – 400
Whitworth University – 400
Southeastern Oklahoma State University – 400
National University College – 400
Northcentral University – 400
University of Montevallo – 400
Jackson State University – 400
Conclusion
Massachusetts is a wonderful place to get an MBA degree plus getting this degree increases your chance of getting a better job.
While selecting a school, consider the cost, ranking and if possible, get in contact with some of the alumni for first-hand information.
