Best 15 Masters in Business Programs in 2021

Staff Writers by: Staff Writers

A business masters degree may be an MBA or it may be a more specialized degree that allows graduates to specialize their education to meet their needs. Regardless of specialization or generalization, a building from your BA to a Masters is always a move that will open doors for you. 

Why Bother To Evolve To A Business Masters Degree?

The big question when it comes to business majors considering going straight to their MBA or starting work is: “is it worth it?” The reason you should make the effort is also the answer to this question. You will likely open more doors for yourself, career-wise, and you will likely make more money over the course of your career with a masters degree in business, more so if it is specialized in a particular field. In short, it is worth the effort.

The Job Outlook For Business Majors Is Great

If you are interested in going into business or finance, whether you want to work for yourself or rise in ranks in the top companies across the globe you already know that the job market is positive for highly educated and motivated individuals.

15 Best Schools For A Masters in Business Program:

1. Texas A & M

Texas A & M Mays Business School is ranked high for curriculum standards, graduate job satisfaction, student reviews, and is a medium-priced state school when it comes to tuition costs. Their site states you “learn business by doing business” and the students graduate with the confidence to excel in their chosen specialty. Students will need to commit to the 11-month “experience”. If you are ready to bring forth a future of success, then be sure to apply by the deadline to get into this program and see where the next year takes you! 

  • Tuition: $34,700 In-State, $51,500 Non-Resident  
  • Enrollment in Graduate Program: 14,935

2. Florida State University

Florida State University offers many pathways to students who want to earn their masters in business. If you are already in your career and need the flexibility to get your degree they have programs for you, and if you are fresh from your BA and ready to move on to the next level of your education they have pathways to that as well. They advertise individualized learning, and the student reviews back the claim. 

  • Tuition: $5,656 In-State, $18,786 Non-Resident
  • Enrollment in Graduate Program: 9,180

3. University of Maryland

The University of Maryland Robert H Smith School of Business offers a business masters in a wide variety of specialties and even has a dual program that allows students to pursue their Masters during the final portion of the bachelor’s if they are hard-working, willing to dedicate the time, and qualified. They also offer programs for students who are already in their career and several years away from when they earned their degree. 

  • Tuition: $10,779 In-State, $36,891 Non-Resident 
  • Enrollment in Graduate Program: 10,232

4. Brigham Young University

Brigham Young University offers an MBA as well as an Executive MBA for go-getters ready to advance their bachelor’s degree to the next level. The program is top-ranked and not only prepares graduates for local leadership, it has an international focus for global business practice. If you do not mind holding up the standards of the school while attending then BYU is a great, low priced option for your master in business. 

  • Tuition: $5,790
  • Enrollment in Graduate Program: 3,026

5. University of Wisconsin 

The University of Wisconsin offers ultimate flexibility with their business master’s programs. If you are looking for a school that is well-rated for their business program, and also flexible for those who are in the middle of their career and not able to attend full time then this is an optimal choice in a central U.S. location. They have programs for those coming straight from their bachelors degree as well, so whatever your situation, you will fit right in. 

  • Tuition: $10,725 In-State, $37,785 Non-Resident
  • Enrollment in Graduate Program: 11,858

6. South Carolina State University

South Carolina State University is a premium choice if you are looking for a well-ranked school with small classes and low tuition. In addition to the perks of small class sizes and individualized learning the school offers many flexible options for those pursuing their master’s degree in business including online and evening classes. Students will complete an internship and have interaction with business leaders to help them succeed. 

  • Tuition: $11,060 In-State, $21,750 Non-Resident
  • Enrollment in Graduate Program: 224

7. Harvard University 

Harvard is where the country’s leaders have historically formed. Their website states: “More than 50% of our graduates create ventures in a quest to change the world.” If you want to make connections and receive an education geared towards teaching you new ways to look at the world around you then Harvard should be a top choice. Apply early though, admissions are rigorous. 

  • Tuition: $51,925
  • Enrollment in Graduate Program: 21,592

8. Columbia University – New York

Columbia University is chosen for a variety of reasons including its proximity to New York and the financial hub of the country. Students who are pursuing their MBA at Columbia can choose between several specializations including statistics, accounting, consulting, finance, healthcare administration, international business, and much more. The average GPA of graduates is 3.5 and it is considered a competitive school to get into but when you graduate you are ready to rise to the top in your field quickly with the connections and skills acquired. 

  • Tuition: $61,788
  • Enrollment in Graduate Program: 2,235

9. Northwestern University

Northwestern University   is another school that offers a quality master’s program with plenty of flexibility for students who need to continue to work. They have full time programs with full on site classes, online programs, split programs, and weekend classes to fit just about any schedule. Their student reviews state that the programs both hands on and book based for a balanced preparation for the real world. 

  • Tuition: $56,691 
  • Enrollment in Graduate Program: 13,766

10. Tulane

Tulane presents the Freeman School of Business with highly ranked MBA programs that are both full time or part time. Whichever direction your specialization takes you, you may find a home with Tulane’s business analytics program or the executive or professional MBA program or any of the specialties they offer. The perks of the school, aside from the quality education is the friendly atmosphere and amazing southern setting, according to student reviews. 

  • Tuition: $56,800
  • Enrollment in Graduate Program: 4,943

11.University of Pennsylvania 

The University of Pennsylvania has many graduate business master’s specialization programs for a professional to choose from in order to increase their knowledge and earnings. The students will receive a collaborative education that allows each graduate to get real world experience in many of the situations they will face in the business world. Leaders are created in environments such as this where they are allow to solve problems and see real ramifications on a daily basis, instead of only studying texts. 

  • Tuition: $57,700
  • Enrollment in Graduate Program: 14,803 

13. University of Southern California

The University of Southern California  offers a all online MBA program so if you are struggling to advance in your career and know you simply do not have the time to attend classes, you can still consider pursuing your dreams in a more flexible fashion. The program is designed to still provide plenty of learning experiences for you to use, but because the student is already working full time the online education focuses on the technical aspects of the degree. See if online learning is right for your business degree at USC. 

  • Tuition: $58,195
  • Enrollment in Graduate Program: 27,970

14. Georgetown University

Georgetown University is well rated among private institutions. Students say that they felt that their professors were highly involved and they received the attention they needed to obtain their masters, and succeed in their chosen field. Georgetown offers several different business masters specializations and students will earn their degree through both experience and class room lectures. 

  • Tuition: $56,058
  • Enrollment in Graduate Program: 12,080

15. University of Chicago

The University of Chicago if you are a bold thinker and are ready to move forward in your career and broaden your horizons with new ways of looking at the world around you. Innovative thinking is key for success in the business world and anyone pursuing a master’s in business degree is already on the path to leadership and higher pay. Consider the University of Chicago if you are looking for a quality program in the North. 

  • Tuition: $60,552 
  • Enrollment in Graduate Program: 10,561

Our Ranking Methodology

The schools on this list of best business masters programs were ranked after extensive research, data from the school website, real student reviews, and other credible sources. If you feel that your school is misrepresented on this list please contact us so we can correct the error and provide the most accurate information to our readers, and your potential students.

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Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.<button type="button" class="css-1pz3fcu css-11e3mg8 css-1w9ghd css-1hhul3j css-1jbuhzf css-yrxnuw css-1u78gm9 css-1y4tel7 css-1kru6p0 css-rnous3 css-12fbi72 bg-accent close-button">Got it!</button></div></section></div></form></div></div> <script> (function(){var i=this.element,e=this.props;if(i){i.setAttribute("data-ssr-mounted","");var o=i.querySelector("select[name=degree]"),a=i.querySelector("select[name=category]"),c=i.querySelector("select[name=subject]"),t=c.querySelectorAll("optgroup"),n=i.querySelector("[name=url]"),r=o.children[0].label,l=a.children[0].label,u=c.children[0].label,s=window.self!==window.top;n.value=s?document.referrer:window.location.href;for(var d,g,m,p=[],f=[],h=[],y=1;y<o.length;y++)p.push({name:o[y].label,id:o[y].value,selected:o[y].selected});for(var b=1;b<a.length;b++)f.push({name:a[b].label,id:a[b].value,selected:a[b].selected,degree:p.map(function(e){return e.id})});for(var v=0;v<t.length;v++){for(var x=void 0,w=0;w<f.length;w++)f[w].name===t[v].label&&(x=f[w].id);for(var O=0;O<t[v].children.length;O++){var E=t[v].children[O];h.push({name:E.label,id:E.value,selected:E.selected,category:x,degree:p.map(function(e){return e.id})})}}o.addEventListener("change",F),a.addEventListener("change",N),c.addEventListener("change",z);var S="".concat("https://platform.highereducation.com/","api"),j="\n query QuickDegreeFinderFeed(\n $publisher: String!\n ) {\n quickDegreeFinder(\n publisher: $publisher\n ) {\n degrees {\n id\n name\n slug\n categories {\n id\n name\n slug\n subjects {\n id\n name\n slug\n }\n }\n }\n }\n }\n ",k={publisher:e&&e.publisher},C="".concat(S,"?query=").concat(encodeURIComponent(j),"&variables=").concat(encodeURIComponent(JSON.stringify(k)));if(k.publisher&&I(C,function(e){var t,n,i=JSON.parse(e).data,r=i&&i.quickDegreeFinder&&i.quickDegreeFinder.degrees;r||!r.length?(t=r.reduce(function(t,n){return n.categories.forEach(function(e){t[e.id]=t[e.id]||e,t[e.id].degree=t[e.id].degree||[],t[e.id].degree.push(n.id)}),t},{}),t=Object.keys(t).map(function(e){return t[e]}),n=r.reduce(function(n,i){return i.categories.forEach(function(t){t.subjects.forEach(function(e){n[e.id]=n[e.id]||e,n[e.id].category=n[e.id].category||t.id,n[e.id].degree=n[e.id].degree||[],n[e.id].degree.push(i.id)})}),n},{}),n=Object.keys(n).map(function(e){return n[e]}),d=p.filter(function(e){return e.selected}),g=f.filter(function(e){return e.selected}),m=h.filter(function(e){return e.selected}),p=r.map(function(e){return e.selected=d[0]&&d[0].id==e.id||!1,e}),f=t.map(function(e){return e.selected=g[0]&&g[0].id==e.id||!1,e}).sort(function(e,t){return e.name<t.name?-1:e.name>t.name?1:0}),h=n.map(function(e){return e.selected=m[0]&&m[0].id==e.id||!1,e}).sort(function(e,t){return e.name<t.name?-1:e.name>t.name?1:0}),F()):console.error("Problem loading QDF feed.")}),"undefined"!=typeof window&&!window.toggleTooltip){Element.prototype.matches||(Element.prototype.matches=Element.prototype.msMatchesSelector||Element.prototype.webkitMatchesSelector),Element.prototype.closest||(Element.prototype.closest=function(e){var t=this;do{if(t.matches(e))return t;t=t.parentElement||t.parentNode}while(null!==t&&1===t.nodeType);return null}),window.NodeList&&!NodeList.prototype.forEach&&(NodeList.prototype.forEach=Array.prototype.forEach);var P=function(e){if(!e)return!1;var t=window.innerWidth,n=e.getBoundingClientRect().left,i=t-(n+e.offsetWidth);return 275+10<i?"right":i<n?"left":"right"};window.toggleTooltip=function(e){if(e.target.classList.contains("tooltip-toggle")){var t=i.querySelector(".tooltip-toggle"),n=e.target.closest("section").querySelector(".tooltip-body");"left"===P(t)?(n.classList.remove("right"),n.classList.add("left")):(n.classList.remove("left"),n.classList.add("right")),n.classList.toggle("open"),"undefined"!=typeof window&&void 0!==window.tagular&&window.tagular("beam","ElementClicked",{"@type":"redventures.usertracking.v3.ElementClicked",webElement:{location:"AD_DISCLOSURE",elementType:"TOOLTIP",position:"Search Experience",text:"Click - 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