Best MBA Programs In Boston

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.
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Updated January 13, 2023

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Choosing the right MBA program can be a challenging quest. But if you live in Boston, you have a huge selection of great options.

Business Insider suggests that prospective students should research the MBA curriculum and professors. The more you know about MBA programs, the more your decision will be informed.

We've done some of that work for you! 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. If online MBA degrees are what you're looking for we ranked those as well!

What kind of MBA can you get in Boston?

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. Many of the top-25 jobs in Boston require an MBA degree.

Many of Boston's MBA programs include the option to attend on a part-time or full-time basis. This is intended to accommodate folks who are attending while they maintain their full-time job.

Other 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. Then again, perhaps the convenience of online learning suits you best right now. All of these options are out there. It's up to you to decide what works best for you!

How much money can you make with an MBA in Boston?

Good news for you, Bostonians! 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 per year. The salaries, of course, range depending on what role you occupy and where you work.

More good news! The Bureau for Labor Statistics foresees all business and financial occupations to increase in demand by around 10 percent between now and 2026. That means you're in the optimal window to get your MBA now.

What are the Best MBA Programs in Boston?

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.

College Choice wholeheartedly agrees. This list of the 10 Best MBA Programs in Boston was comprised of only the best data out there. We've gleaned facts and figures directly from the programs' websites, U.S. News & World Report, Payscale.com, and more. Get out there and makes some business deals, starting with your MBA degree!

Ranking

See our rankings methodology page.

#1 Best MBA Programs In Boston

Massachusetts Institute of Technology

  • Cambridge, MA
  • 4 years
  • Campus

Students interested in advancing their career can earn their MBA at the Massachusetts Institute of Technology. From its campus in Cambridge, the private institution offers several enrollment options, including online programs designed for working professionals. In the MBA program, learners take graduate-level courses to strengthen their understanding of business.

Whether enrolled online or on campus, master's candidates can access a generous selection of college resources and support services. For example, career counselors host workshops and job fairs while also recommending resume changes. The university also hosts networking and training events for master's degree-seekers.

Massachusetts Institute of Technology at a Glance:

Total Master's Programs: 38

Admission Rate: 7%

Graduation Rate: 95%

Student-Faculty Ratio: 3-to-1

Graduate Tuition In State: $53,450

Graduate Tuition Out of State: $53,450

Average Alumni Earnings After Six Years: $99,600

Average Undergrad Tuition
In-state
$53,450
Out-of-state
$53,450
Average Graduate Tuition
In-state
$53,450
Out-of-state
$53,450
Retention Rate
99%
Acceptance Rate
7%
Students Enrolled
11,520
Institution Type
Private
Percent Online Enrollment
0% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#2 Best MBA Programs In Boston

Harvard University

  • Cambridge, MA
  • 4 years
  • Campus

Harvard University prepares graduates for career advancement in its MBA program. Located in Cambridge, Massachusetts, the private institution serves degree-seekers of all types thanks to its many enrollment options. During the program, learners complete a challenging, graduate-level curriculum that builds an advanced understanding of business.

Master's candidates access a generous selection of college resources and support services during their degree. Financial aid advisors recommend scholarships and grants, while academic advisors help with course selections. The university provides career advising, tutoring, and library services to master's degree-seekers.

Harvard University at a Glance:

Total Master's Programs: 148

Admission Rate: 5%

Graduation Rate: 97%

Student-Faculty Ratio: 7-to-1

Graduate Tuition In State: $48,008

Graduate Tuition Out of State: $48,008

Average Alumni Earnings After Six Years: $91,300

Average Undergrad Tuition
In-state
$47,730
Out-of-state
$47,730
Average Graduate Tuition
In-state
$48,008
Out-of-state
$48,008
Retention Rate
97%
Acceptance Rate
5%
Students Enrolled
31,655
Institution Type
Private
Percent Online Enrollment
18% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#3 Best MBA Programs In Boston

Boston College

  • Chestnut Hill, MA
  • 4 years
  • Online + Campus

The master of business administration degree at Boston College emphasizes career-focused skills. Located in Chestnut Hill, Massachusetts, the private university offers a variety of enrollment options for degree-seekers, including online programs. In the MBA program, learners complete a rigorous curriculum that emphasizes advanced business administration knowledge and skills.

While earning a master's degree, enrollees rely on college resources and support services for assistance. Academic advisors help with course selections, while career counselors offer workshops, job fairs, and resume reviews. Master's degree-seekers also participate in tutoring sessions, counseling programs, and networking events.

Boston College at a Glance:

Total Master's Programs: 74

Total Online Master's Programs: 1

Admission Rate: 27%

Graduation Rate: 94%

Student-Faculty Ratio: 13-to-1

Graduate Tuition In State: $30,600

Graduate Tuition Out of State: $30,600

Average Alumni Earnings After Six Years: $64,900

Average Undergrad Tuition
In-state
$56,780
Out-of-state
$56,780
Average Graduate Tuition
In-state
$30,600
Out-of-state
$30,600
Retention Rate
95%
Acceptance Rate
27%
Students Enrolled
14,747
Institution Type
Private
Percent Online Enrollment
5% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#4 Best MBA Programs In Boston

Boston University

  • Boston, MA
  • 4 years
  • Online + Campus

The MBA/MPH dual degree program program at Boston University is one of 170 master's programs offered by the university. The business program strengthens subject-specific knowledge, allowing graduates to pursue advanced career opportunities. At the school, graduate programs offer flexible enrollment options, including schedules designed for working professionals.

The program's curriculum blends theoretical and practical approaches to encourage a comprehensive understanding of business management. Internships and experiential learning opportunities build professional connections and provide real-world experience. Concentrations and electives let learners specialize their business management education around particular fields.

Boston University at a Glance:

Location: Boston, Massachusetts

School Type: Private

Admission Rate: 19%

Graduate Tuition In State: $54,720

Graduate Tuition Out of State: $54,720

Percent of Students Awarded Aid: 55%

Average Undergrad Tuition
In-state
$54,720
Out-of-state
$54,720
Average Graduate Tuition
In-state
$54,720
Out-of-state
$54,720
Retention Rate
94%
Acceptance Rate
19%
Students Enrolled
33,720
Institution Type
Private
Percent Online Enrollment
10% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

#5 Best MBA Programs In Boston

Northeastern University

  • Boston, MA
  • 4 years
  • Campus

Northeastern University stands out for its 68 master's programs, which include an online MBA program. Students can increase their earning potential and advance their careers in the MBA program. Candidates may be able to choose from on-campus and online enrollment options, adding flexibility for enrollees who need to work full time while in school.

Learners strengthen their theoretical and practical understanding of business through the program's challenging curriculum. Students complete internships and hands-on learning opportunities to complement their classroom knowledge and expand their professional networks. Concentrations and electives let learners specialize their business education around particular fields.

Northeastern University at a Glance:

Location: Boston, Massachusetts

School Type: Private

Admission Rate: 18%

Graduate Tuition In State: $24,793

Graduate Tuition Out of State: $24,793

Percent of Students Awarded Aid: 78%

Average Undergrad Tuition
In-state
$52,420
Out-of-state
$52,420
Average Graduate Tuition
In-state
$24,793
Out-of-state
$24,793
Retention Rate
99%
Acceptance Rate
18%
Students Enrolled
22,207
Institution Type
Private
Percent Online Enrollment
10% Percentage of all students who are enrolled online.
Accreditation
Yes New England Commission on Higher Education

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