Online MBA Programs in Massachusetts
|1 – Compare Programs|
|2 – Affordable Programs|
|3 – Lowest Debt Programs|
|4 – No GMAT Required|
|5 – Highest Graduation Rate|
|6 – Highest Acceptance Rate|
|7 – Full Program Profiles|
For those considering graduate school but have other responsibilities such as a career, an online MBA can be an excellent option. More graduate schools have switched to providing their classes online as they understand the importance of providing an affordable, flexible, convenient, and quality education. Thankfully, Massachusetts has followed the trend, offering several online MBA programs that allow students to balance continuing their education and tending to life responsibilities. Surprisingly, as technology has advanced, online MBA programs in Massachusetts are not very different from traditional in-person programs.
Prospective students can often feel overwhelmed when assessing potential programs. After all, each of the programs in Massachusetts differs in the number of concentrations, admission requirements, cost, duration, and graduate outcomes. Therefore, discovering the right choice as a prospective student often takes careful analysis and comparison of these essential aspects.
This guide was created to make it easier for prospective students to make their choice. Below, this guide outlines and categorizes the significant factors essential to their search, including affordability, graduate debt percentages, standardized testing requirements, graduation rates, and acceptance rates. For each category, data from the programs is compared to nationwide and statewide averages to offer a comprehensive look at the online MBA options in Massachusetts.
Compare Online MBA Programs in Massachusetts
The sortable table below summarizes the available online MBA programs in Massachusetts. Each of the Massachusetts business schools is an accredited public or private institution for higher education. These programs target potential students who are entry-level associates looking to boost their qualifications or those who have experience in the business field and are looking to increase their salary or position. These online MBA programs below differ in their average graduate debt rates, tuition costs, acceptance rates, and admissions requirements, but they all offer high-quality graduate studies. In addition, these programs understand the importance of flexibility while completing the program.
|School||City||Accred.||Accept. Rate||Tuition||GPA||GMAT||3yr Grad Rate|
|Babson College||Babson Park||AACSB||89%||$1,990||3.2||92%|
|Bay Path University||Longmeadow||$830|
|Fitchburg State University||Fitchburg||IACBE||98%||$275||88%|
|New England Institute of Business and Finance (NEIB) at Cambridge College||Boston||86%||$1,012||3.2||59%|
|University of Massachusetts||Dartmouth||AACSB||96%||$553||3.2||77%|
|University of Massachusetts||Lowell||AACSB||91%||$655||3.4||645||66%|
|University of Massachusetts||Amherst||AACSB||76%||$900||3.4||598||48%|
|Western New England University||Springfield||AACSB||$892|
|Worcester Polytechnic Institute||Worcester||AACSB||75%||$1,566|
Affordable Programs in Massachusetts
While continuing your education is an exciting time, it also is a financial commitment. Though there might be those students out there that don’t have to worry about finances, for the majority, affordability is a vital factor in selecting a graduate program. Of course, prospective students want the best education they can get, but it mustn’t hurt their wallets. It can be a balancing act to find the best of both worlds, especially considering that the average cost per credit hour for an MBA nationally is $820. Unfortunately, Massachusetts’s average cost per credit hour is $1002, much higher than the national average. Luckily, there are still five affordable programs that come in at almost half the price or more than the state average.
The most affordable, high-quality online MBA program in Massachusetts is Fitchburg State University coming in at just $275 per credit hour. That is more than $500 less than the national average and is more than $700 less than the state average. Though Fitchburg State University’s cost is exceptionally more affordable than other programs in the state, there are still four other programs that offer an excellent education at an affordable price less than the national and state average. Those programs include the University of Massachusetts Dartmouth at $553 per credit hour, Lasell University at $600 per credit hour, and Fisher College and Massachusetts Lowell at $617 and $655.
These options show that prospective students can obtain a high-quality MBA at an affordable price that can fit their budget. Therefore, each of these programs is an attractive option for those seeking reasonably priced Massachusetts business schools, especially if a prospective student will not receive any employer reimbursement.
Most Affordable Online MBA Programs in Massachusetts:
- Fitchburg State University – $275
- University of Massachusetts Dartmouth – $553
- Lasell University – $600
- Fisher College – $617
- University of Massachusetts Lowell – $655
Programs with Lowest Debt at Graduation
Since higher education can get expensive, accruing debt upon graduation is a real possibility. However, taking on that debt is undoubtedly a contributing factor for prospective students. The thought of debt can be daunting, and sometimes even if a student receives assistance or attends an affordable school, they can still end up with debt upon graduation. However, due to the career advancement and salary increase that receiving an advanced degree can provide, the short-term sacrifice of taking on debt is often worth it. Nevertheless, the percentage of debt among graduates can be an essential factor in deciding between programs.
Considerations regarding debt when obtaining an MBA are valid because currently, just over 46% of business school students nationally carry debt at the time of graduation. However, in Massachusetts, the rate is a bit lower at 38%, which is encouraging. There are five business schools in Massachusetts that have lower rates of debt at graduation than the national average, with four of those being under the state average as well.
At the University of Massachusetts Dartmouth, only 10% of students carry debt at graduation, significantly lower than the national and state average. The University of Massachusetts Lowell is not far behind, coming in with just 16% of their graduates carrying debt. The University of Massachusetts Amherst and Fisher College follow next with 25% and 28% of their students graduating with debt, respectively. Though Fitchburg State University does not fall under the state average at 43% of their students graduating with debt, they still fall under the national average. These programs imply that they have a lot of available financial assistance for students.
Online MBA Programs in Massachusetts with the Lowest Debt at Graduation:
- University of Massachusetts Dartmouth – 10%
- University of Massachusetts Lowell – 16%
- University of Massachusetts Amherst – 25%
- Fisher College – 28%
- Fitchburg State University – 43%
No GMAT Required
Standardized testing, such as GMAT (Graduate Management Admissions Test) or GRE (Graduate Record Examination) scores, has been a customary admissions criterion of graduate schools for years. However, several schools are reconsidering the validity of these scores in relation to the preparedness of the potential student.
Business schools find that there might not be a strong connection between high GMAT and GRE scores and program preparedness. Because of this, many programs are omitting these scores as criteria or providing exemptions. Another reason schools are loosening their standardized testing requirements is that a broader range of students is applying. Many of these applicants have years of experience in the business field or already possess another graduate degree. These applicants are often far removed from their undergraduate degrees, making it much harder for them to study for extensive exams such as the GMAT.
There are four MBA programs in Massachusetts that do not consider GMAT or GRE scores at all in their admissions process. These schools are Fitchburg State University, Nichols College, Lasell University, and Fisher College. Though those schools do not accept any standardized testing scores, prospective students who feel their score would improve their application could apply to programs such as Babson College, Suffolk University, Northeastern University, or New England College of Business and Finance, which allow GMAT and GRE scores to be submitted, but do not require them. Many of the other programs in the state have waivers available for those with experience or high GPAs. Overall, there is a lot of flexibility for prospective students regarding GMAT score requirements as admission criteria.
Highest Graduation Rate
As mentioned before, obtaining an advanced degree is a financial commitment; however, it is also a significant time commitment. Therefore, graduation rates are a crucial consideration for prospective students when selecting the best online MBA program. After all, if prospective students invest their time and money into a program, they want to ensure a high probability of reaching the finish line. However, graduation rates are not just important for the prospective students; graduation rates are vital to the universities also since this piece of data helps them maintain applicants and attract more students.
Graduation rates are based on a timeline of three years, though many programs can be completed in less time. The national three-year average graduation rate is 68%, while the Massachusetts average comes in just a hair higher at 69%. Five online MBA programs in the state do a much better job of getting their students to graduation. Babson College has the highest three-year graduation rate in Massachusetts, with 92% of its students graduating within three years. Fitchburg State University graduates 88% of its students, while the University of Massachusetts Dartmouth and Nichols College graduate 77%. Rounding out the top five is Suffolk University who graduates 73% of its students, which is still a decent amount above the national and state averages.
Though graduation rates are just one piece of data in the big picture, they can give prospective students an idea of how a program supports its students. For example, programs with a high graduation rate often have a high level of involvement with their students to keep them focused and help them reach the graduation stage.
Online MBA Programs in Massachusetts with the Highest Three Year Graduation Rates:
- Babson College – 92%
- Fitchburg State University – 88%
- University of Massachusetts Dartmouth – 77%
- Nichols College – 77%
- Suffolk University – 73%
Highest Acceptance Rates
Fear of rejection is natural. Prospective students often are concerned about getting accepted into a business school to complete their advanced degrees. Applying to programs takes a lot of time, money, and planning, so, naturally, applicants want their labor to pay off. Luckily, the state average in Massachusetts is 88% which is higher than the national average of 79%. Though the state average is already relatively high, five programs in Massachusetts surpass the state average.
Fitchburg State University accepts 98% of their applicants, and Nichols College and the University of Massachusetts Dartmouth are right behind, accepting 97% and 96% of applicants, respectively. The University of Massachusetts Lowell and Babson still accept a significant number of students, with rates of 91% and 89%, respectively. With rates as high as 98%, prospective students can likely find at least one high-quality program to complete their online MBA.
Just because these programs have high acceptance rates doesn’t mean they do not have specific admissions criteria. For example, many of them have GPA requirements, essays that should be submitted, and required letters of recommendation. Because of this, acceptance rates should not be the only consideration when selecting an MBA program. Additionally, programs with lower acceptance rates should not necessarily be off the list, especially for those with extensive qualifications, because they may have other great qualities.
Online MBA programs in Massachusetts with the Highest Acceptance Rates:
- Fitchburg State University – 98%
- Nichols College – 97%
- University of Massachusetts Dartmouth – 96%
- University of Massachusetts Lowell – 91%
- Babson College – 89%
Massachusetts Online MBA Program Profiles
Deciding on an online MBA program is a big decision that requires prospective students to analyze the data and look at the program as a whole. While some attractive statistics surround a program like a low cost or a high acceptance rate, prospective students should not place sole judgment based on these factors. Instead, considering a program in its entirety is the best way to make an informed decision and ultimately choose a business school that is the best choice. Below is an overview of each of the online MBA programs available in Massachusetts. These short profiles are designed to show each school’s strengths and highlight small imperfections to ultimately aid prospective students in making the best selection for them.
Babson MBA Part Time
|Location:||Babson Park, MA|
Babson College offers a self-paced online MBA program with five start dates throughout the year. In addition, Babson College is in the top schools for acceptance and graduation rates, making it an attractive option.
They offer seven different concentrations, including business analytics and machine learning, entrepreneurship, global management, business analytics, finance, quantitative finance, and marketing. In addition, online students at Babson College have the option for weekend intensives, study abroad opportunities, and access to all of the same resources as full-time, on-campus students.
To gain admission, applicants must submit short answer questions, a professional recommendation letter, a resume, transcripts from all intuition, a video interview, and a $100 application fee. GMAT scores and an additional admissions essay are optional, though applicants may submit them to improve their application.
Bay Path University
MBA in Entrepreneurial Thinking & Innovative Practices
Bay Path University offers an online MBA program in an accelerated 8-week format designed for working professionals. They promote creativity, innovation, and an entrepreneurial mindset. Most Bay Path University students complete their MBA program in 1-2 years, depending on full-time or part-time status.
Unfortunately, Bay Path University does not offer concentrations, though students do get to pick two electives. In addition, students get to apply their knowledge before graduation from the program with a capstone project that provides real-world experience.
Though GMAT scores are not considered in admission, applicants must submit a completed online application, all transcripts with a 3.0 GPA preferred, an original essay on a given topic, a current resume, and two recommendations. This program would be attractive to those who do not want to study for the GMAT but have an otherwise strong application. It is also great for those looking for an accelerated format.
Bentley’s Accelerated Online MBA
Bentley University’s online MBA program is offered in a part-time or accelerated format. The latter is formatted in four or six-week intensives, allowing students to finish in as little as 18 months. In addition, courses are offered one at a time to allow students to focus on the material.
Bentley University offers seven different concentrations; however, only their leadership concentration is available online. Though students still wanted to obtain knowledge on a specialized subject, they could use their four required electives.
To gain admission to Bentley University’s online MBA program, applicants must submit the online application, all previous transcripts, a resume, two essays, GMAT or GRE scores, two letters of recommendation, an interview, and an application fee. The GMAT or GRE scores can be waived for students with a 3.2 GPA or higher, at least five years of field experience, or a prior Master’s degree.
Master of Business Administration Degree
The Fisher College online MBA degree is offered in 8-week terms and can be completed in 14 months. This program focuses on small student teams to apply skills revolving around the current business environment. The Fisher College online MBA program is in the top schools for most affordable programs and the lowest debt at graduation, making it an excellent option for prospective students that are financially cautious.
Fisher College offers concentrations in accounting, sports administration, and healthcare management. However, if students don’t want to complete a concentration, three additional courses in strategic leadership are required.
Admissions requirements include an undergraduate GPA of 2.7 or higher, but GMAT scores are optional. Applicants must also submit the online graduate application, submit all transcripts, a personal essay, and two letters of recommendation.
Fitchburg State University
Master of Business Administration in Management Online
Fitchburg State University’s online MBA program focuses on real-world applications and developing leadership skills through collaborative learning groups and online class discussions. They offer several start dates each year to be more flexible. Fitchburg State University is an attractive option overall as it ranks high in all of the categories that have been reviewed in this article.
There are six concentration options: accounting, healthcare management, human resources, management, marketing, and supply chain management. Each of these cost the same as the standard tuition and can be completed in as little as 12 months.
To gain admission to the Fitchburg State University online MBA, applicants must have a GPA not less than 2.8, but no GMAT is required. Applicants must also submit the graduate application, a $50 application fee, all previous transcripts, and a professional resume. Fitchburg State University is a well-rounded option for many applicants due to its little time commitment, high acceptance rate, reasonable application requirements, and high graduation rate.
The Lasell MBA
Lasell University offers an online MBA that can be completed in as few as 12 months. They offer six start terms per year for maximum flexibility. Since they use rolling admissions, applicants can apply at any time. WIthout any concentrations, this program is a total of 36 credits, with only one of them being an elective.
Lasell University has five concentration options to choose from, including healthcare management, human resources, project management, marketing, and sustainable fashion operations. These concentrations do add on additional credit hours, time, and money to the degree.
Applicants seeking admission to Lassell University’s online MBA should have completed microeconomics and statistics previously. Applicants will also have to submit an online application, a resume, previous transcripts, and a personal statement. There are no GMAT or GRE scores considered in admission. Lassell University could be an excellent selection for those looking for an accelerated and affordable option.
New England Institute of Business and Finance (NEIB) at Cambridge College
Master of Business Administration
New England College of Business and Finance has a 40 credit online MBA completed in 20 months. It is specifically designed for working professionals to develop the leadership skills needed in the current global business environment. In addition, students will apply their skills to a real-world situation in the capstone project just before graduation.
There are eight concentrations offered at New England College of Business and Finance, including digital marketing, health informatics, healthcare management, human resource management, nonprofit leadership, project management, sport and recreation management, and strategic leadership. These concentrations do not add any additional time to the degree.
To gain admission to the New England College of Business and Finance, applicants must submit a letter of recommendation, a personal essay, a resume, and all previous transcripts. If applicants want to improve their application, they may submit GMAT or GRE score, but no standardized testing scores are required.
Online Master of Business Administration
Nichols College’s online MBA is designed with flexibility in mind. It can be finished in as little as 24 months, and their credits stack, so if a prospective student wanted to go for a dual master’s degree, they would be able to complete the second one even quicker. Nichols College is an attractive option for many as they are in the top schools with high acceptance and graduation rates.
Nichols College does not offer a non-specialized MBA as they required students to choose the electives based on a certificate track to focus the degree. The five specialties they offer include critical thinking, cybersecurity, data analytics, project management, and HR management.
To gain admission to Nichols College’s online MBA, applicants must submit all previous transcripts, an online application, two letters of recommendation, a current resume, and a personal statement. They do not use standardized testing scores in their admissions criteria.
The D’Amore-McKim School of Business Online MBA Degree
Northeastern University is an online MBA designed for seasoned business professionals looking to unlock new growth opportunities. They believe that students learn by doing so they hone in on the real-world application of classroom concepts. The Northeastern University, online MBA program takes two years to complete.
Students can customize their degree by choosing the required five electives or by choosing from eight different concentrations. The concentrations offered include finance, international management, healthcare management, high technology management, marketing, supply chain management, innovation entrepreneurship, and sustainability. Northeastern University also offers residencies to students who want to further their knowledge, including an on-campus one-week intensive and an international field study in Russia, China, and South America.
To gain admission, applicants must have a GPA of 3.0 or higher and be currently employed with five years of leadership experience. They also must submit all previous transcripts, a resume, two letters of professional recommendation, a personal statement, and an application fee of $100.
MBA Online Program
Suffolk University provides an online MBA that focuses on an interactive and hands-on approach to develop business and leadership skills. Throughout the program, students participate in live interactive learning sessions with company leaders from around the world. This program takes about two years to complete depending on your previous education, and is set up in a 7-week course format.
There are four specializations for the Suffolk University online MBA, including business intelligence, accounting principles, finance, and health sector management. For those that do not want to specialize, they will need to take 12 elective credits. They also have optional travel seminars to customize the degree even further.
To gain admission, potential applicants will need to reach out to a Suffolk University admissions counselor who will guide applicants through the process based on their individual case. This could be a great program for potential students looking for a high graduation rate and an interactive MBA experience.
University of Massachusetts – Amherst
The Isenberg Online MBA
The University of Massachusetts Amherst is in the top schools for the lowest debt at graduation, making it an excellent option for those nervous about taking on debt. This program allows the students to take up to two courses before applying for the program or completing the application. In addition, the University of Massachusetts Amherst ensures that the online program is the same quality as in-person by using the same curriculum and faculty.
There are five concentration options at the University of Massachusetts Amherst, including business analytics, entrepreneurship, finance, healthcare administration, and marketing. They also have partner organizations that allow prospective students from those companies to be guided by academic advisors from beginning to end.
To apply for this online MBA program, applicants must have a minimum of three years of working experience. Additionally, applicants must submit the online application, a personal statement, a resume, all previous transcripts, two letters of recommendation, and GMAT or GRE scores. There are waivers available for the GMAT for those who qualify.
University of Massachusetts – Dartmouth
The University of Massachusetts Dartmouth offers a 30 credit hour online MBA with flexibility and defined due dates. Seasoned industry professionals and business scholars teach the classes. The University of Massachusetts Dartmouth also offers one-on-one personal advising through the entire two-year program. They have a limited class size as well to ensure individualized interaction and instruction from professors.
There are four concentration options currently available online for the University of Massachusetts Dartmouth, including accounting, business analytics, finance, and supply chain management and information systems. They also provide networking opportunities with professionals and faculty to build your network.
Applicants to the University of Massachusetts Dartmouth online MBA must submit GMAT or GRE scores, two letters of recommendation, all previous transcripts, and a personal statement. The University of Massachusetts Dartmouth is an overall attractive option due to its high acceptance rates, graduation rates, and affordability.
University of Massachusetts – Lowell
UMass Online MBA
The University of Massachusetts Lowell offers an online MBA with accelerated courses, a part-time class schedule, and flexible options. This program can be completed in as little as 12 months, and students who complete this degree online receive the same diploma as on-campus students.
There are nine concentration options at the University of Massachusetts Lowell, including accounting, business analytics, entrepreneurship, finance, healthcare, information technology, international business, managerial leadership, and marketing. This program is attractive for those looking for a wide array of concentration options but is also at the top for the lowest debt at graduation, cost, and acceptance rates.
To gain admission to the University of Massachusetts Lowell online MBA, applicants must submit an application, a $50 application fee, an essay, three letters of recommendation, all previous transcripts, GMAT scores, and a resume. The GMAT scores are waivable in some cases.
Western New England University
Master of Business Administration Online
Western New England University’s online MBA focuses on developing critical thinking skills to manage the ever-changing global business environment. This program is offered full-time or part-time in an 11-week format. Those that do full-time can earn their degree in as little as one year and as few as 18 months if part-time.
Western New England University’s online MBA has three concentration options: accounting, business law, and leadership. If students do not want to specialize, they can complete a general business track.
There are three prerequisites to the Western New England program: accounting, finance, and statistics. However, if an applicant has not completed these, they may still begin the program on a conditional basis while fulfilling the prerequisites. Applicants must also submit GMAT or GRE scores in which there are minimums based on GPA. However, there is a waiver option available. Additionally, the online application will need to be submitted and a $50 application fee, all previous transcripts, two recommendations, an essay, and a resume.
Worcester Polytechnic Institute
100% Online WPI MBA
The Worcester Polytechnic Institute offers a 36 credit hour online MBA program with a technical, project-based focus that pushes students to develop a data-driven decision-making mindset. They also boast of having one of the best career development centers in the United States to help students find and grow in positions even after graduation.
Students can designate up to two specializations from twenty different choices, including various analytical, marketing, entrepreneurship, innovation, and operation specializations, among others. In addition, students will have one final opportunity to apply their classroom skills in a final capstone project at the end of the program.
To gain admission to the Worcesters Polytechnic Institute’s online MBA, applicants must have two years of professional work experience and a 3.0 or higher GPA. Additionally, applicants must submit an online application, a resume, three letters of recommendation, a statement of purpose, and all previous transcripts. No GRE or GMAT scores are required.