Choosing the right MBA program can be a challenging quest. With so many options, selecting an ideal business school can be an arduous task. Business Insider suggests that prospective students should research the MBA curriculum and professors.1 The more you know about MBA programs, the more your decision will be informed. College Choice’s careful selection of the best schools to earn your MBA in the Boston area will aid you in choosing the best MBA program for you.
Boston is the largest city in New England and is considered to be an academic, economic, and cultural center of the area. Forbes ranks the city as one of the Best places for business and careers.2 Many of the top-25 jobs in Boston require an MBA degree.3
MBA degree holders in Boston are among the highest paid salaries in the nation. Within College Choice’s top-ten MBA programs in Boston, the highest new salary pay (0 – 5 years experience) is $131,000.
Many of Boston’s MBA programs immerse students into hands-on global experiences. A unique part of elite MBA programs is that you get an opportunity to study abroad and network with business executives in other countries. These international experiences distinguish your resume and give you a broader perspective about business.
From Boston to Cambridge, to Chestnut Hill, to Waltham, the Boston area has some of the best business schools in the nation and throughout the world. According to the New York Times, if you want to be an entrepreneur, Boston has some of the best schools for that.4
Massachusetts Institute of Technology
College Choice Score: 100.00
Alumni of Massachusetts Institute of Technology Sloan School of Management have founded more than 650 companies. Some of the companies founded by MIT Sloan alumni include E*Trade, Genentech, HubSpot, and Zipcar. MIT Sloan’s MBA has proven to be successful among thousands of grads in more than 90 countries.
The two-year program brings together coursework, collaboration, student organization participation, and global learning to shape the MBA program experience. Enterprise Management, Entrepreneurship and Innovation, and Finance are Sloan’s three MBA tracks. MIT also focuses on Action Learning to emphasize hands-on learning.
Students in the MBA program intern and work with Boston Consulting Group, IBM, McKinsey, and Nike. Graduates of the Massachusetts Institute of Technology’s MBA program are highly successful. The average starting salary for MIT Sloan MBAs is $131,000. This salary the highest pay for MBA salaries in the Boston area.
College Choice Score: 98.33
Harvard Business School is one of the best schools to earn your MBA in the nation and throughout the world. Harvard encourages MBA students to not only learn about leadership through the program’s curriculum but also to demonstrate leadership throughout the program. The MBA program pulls together “theory, practice, experience, and talent to one sharp point.”
The two-year Master of Business Administration program encompasses leadership activities, reflection, and small team projects. In the second year, students choose elective courses along their career path. HBS prepares students to have a global mindset through the Field Immersion Experiences for Leadership Development (FIELD). The MBA program requires global studies and a trip abroad. HBS has eight global research centers in Buenos Aires, Hong Kong, Tokyo, Shanghai, Mumbai, Istanbul, Paris, and Palo Alto. Almost half of the faculty members were born outside of the United States.
Harvard MBA students receive some of the best career development resources. One-on-one career coaching, programs and workshops, career team support and other resources help Harvard MBAs to be successful.
College Choice Score: 60.10
Boston College Carroll School of Management was established in 1938. The Full-Time MBA and the Part-Time MBA degree programs are available at Boston College. Students get to choose from a series of MBA concentrations. “Corporate Finance,” “Money & Capital Markets,” and “Hedge Funds” are examples of classes that you would take at BC Carroll School of Management.
BC MBA students gain leadership opportunities in some of the school’s student organizations. The Graduate Management Association, Graduate Women in Business, Graduate Student Association, and the Graduate Finance Association are avenues that provide students professional and practical business experience.
Alumni of Carroll’s MBA program are making powerful strides in the business industry. Some alumni have prominent leadership roles in companies like Fidelity Investments, ExxonMobil, and even the United States Air Force. BC Carroll Alumni demonstrate that advantages that come with the Carroll MBA degree.
College Choice Score: 57.12
Boston University’s Questrom School of Business is an elite institution that gives students a solid MBA foundation with the freedom to customize their paths. The school has world-class professors, over 100 electives, some clubs and organizations, and resources for career advancement.
Questrom School of Business has eight a Full-Time, Part-Time, and Executive MBA. MBA concentrations including Energy and Environmental Sustainability, Entrepreneurship, Finance, International Management, Leadership and Organizational Transformation, Marketing, Operations and Technology, Management, and Strategy and Innovation.
Not only does BU provide numerous degree concentrations for its MBA students, but it also offers a number of MBA joint degree programs. Imagine getting an MBA degree and a master’s degree in Digital Innovation, International Relations, or Manufacturing Engineering. Questrom has eight joint MBA programs. Students with joint MBA degree from Boston University make themselves even more marketable in the competitiveness of the business industry.
College Choice Score: 55.38
Northeastern University’s D’Amore-McKim School of Business has a reputation for helping MBA students reach their career goals. 95% of the students in the Full-Time MBA cohort started jobs within three months of graduation. The school has been ranked as a top institution for its online MBA program and its Full-Time MBA program.
D’Amore-McKim’s corporate residency program is a feature that makes the MBA program distinct. The program is a six-month, paid corporate residency. In the past, MBA students have completed their corporate residencies with employers like the Massachusetts Convention Center Authority, Blue Cross Blue Shield of Massachusetts, and the Liberty Mutual Group, Inc. The school has a 100% corporate residency student placement rate.
The MBA program is a 24-month program with a total of 60-semester credits. The first year of the program students takes foundational courses within the core curriculum. In the last year of the program, students do their corporate residencies and electives.
College Choice Score: 47.26
Sawyer Business School at Suffolk University is located in the heart of the city in downtown Boston. The school has a broad range of MBA options, concentrations, and dual degrees. If you are looking for an MBA program that fosters to a particular area of business, Sawyer Business School may have exactly the program you need.
The Suffolk Sawyer MBA is for college graduates and working professionals. The MBA program has 12 degree concentrations. Although the main campus is in Boston, students can earn their MBA online or at the North Campus in Lawrence, Massachusetts.
Sawyer Business School offers a number of specialized MBA degrees. If you are planning on being an accountant, leading a nonprofit organization, or becoming an attorney, Sawyer has the perfect MBA plan for you. For example, the school offers MBAs in Healthcare, Nonprofit, and Accounting (Certificate). There are also accelerated MBA programs for CPAs and attorneys.
University of Massachusetts--Boston
College Choice Score: 45.77
The University of Massachusetts (UMass) Boston is a public university in the University of Massachusetts system. Boston College of Management at the UMass Boston offers three Master of Business Administration tracks for students pursuing the MBA degree. The school offers the Flex MBA, the Global MBA, and the Professional MBA.
The Global MBA (GMBA) is UMass Boston’s newest MBA program that will be available in 2017. The GMBA is a full-time, cohort-based program. Throughout the program courses are designed so that students consistently think through a global lens. GMBA students will take courses like International Financial Management, Managing in the Global Economy, and International Marketing.
UMASS Boston College of Management provides the Master’s Thesis Option (MTO), which allows students to contribute to the business industry and the academy through specified academic research. One MBA student’s thesis is entitled, “Investor Learning and the Abnormal Returns to a Fundamental Signal Strategy.” The MTO program allows students to contribute to business organizations and pursue further studies in their research.
College Choice Score: 45.14
Bentley University Graduate School of Business is just minutes from the city of Boston. Located in Waltham, Massachusetts, MBA students at Bentley are in proximity to companies in Boston. Bentley University’s shuttle often takes students to Cambridge, which allows easy access into the city. Companies like Staples, New Balance, and the Boston Celtics often hire Bentley students and let them intern with them.
The Graduate School of Business transcends the teaching style of lecture halls with its MBA studio. The MBA Studio has the latest technology, multimedia boards, and other items to create a different learning experience. The space is used to collaborate, debate and share perspectives in small groups. In some ways the MBA Studio is a practical learning space that mirrors the workplace.
Faculty members and experienced professionals in business and the arts and sciences designed Bentley’s MBA curriculum. The program has four 10-week themes. The themes are Innovation, Value, Environment, and Leadership.
Hult International Business School
College Choice Score: 37.06
The Hult International Business School is in Cambridge, Massachusetts. Students who enroll in Hult International Business School’s Global MBA program have the opportunity to study in the school’s six other locations. The program allows you to study in up to three places in one year (London, Ashridge Estate U.K., Dubai, Shanghai, New York, Boston, and San Francisco).
The Global Master of Business Administration program immerses students into the basics of business and leadership. Students learn about business knowledge, business challenges, and leadership skills. Throughout the program, students are advised and coached by a team of advisors and professors. Students choose from six electives to customize their MBA program towards specific careers.
Hult International Business School prepares MBA students for situations on the job through computer-based simulations. The simulations require students to make decisions about marketing, finance, and management. The simulations give MBA students an edge on their internships and jobs.
College Choice Score: 37.03
Simmons College School of Management is a unique school to earn your Master of Business Administration. The school has a particular emphasis on women’s leadership. The [email protected] is an online degree offered through the School of Management in Boston. Simmons’ School of Management is an AACSB Internationally-accredited institution. Your “[email protected]” will be recognized throughout the world.
The online format of the course gives students convenience and flexibility. While the courses are on a live, face-to-face format online, there are other components of the program that allows students to self-pace their coursework.
At Simmons College School of Management, you will experience the “[email protected]” Advantage. What is that advantage of the MBA program at Simmons? The School of Management states that the program is convenient, comprehensive, student-centered, dynamic, and recognized. MBA students get the necessary attention they need to succeed because the classes are small.