fbpx

Best 15 Masters in Management Programs in 2023

January 9, 2023 | bestvalue

Masters in Management

What is a Masters in Management?

Best master's in management programs badge

A Master of Science in Management is becoming a popular alternative to an MBA (Master of Business Administration). Many Master’s in management programs accept students with little or no work experience and no requirement of prior learning at business schools.

The best Masters in Management programs are designed to develop students’ knowledge of business strategies, economic theory, and organizational behavior. Students can often start the master’s in management programs shortly after graduating with a bachelor’s degree in their program of study.

Unlike an MBA, a Master’s in Management degree offers a broad choice of business fields from technology to the healthcare sector. It provides a solid foundation of business fundamentals and leadership development that can dovetail with prior experience or education in any field to prepare the student for leadership in their chosen work area.

We hope this list will help your school search and find the best Master’s in Management graduate school for your needs.

Rank School Location
1Wayne State CollegeWayne, Nebraska
2Southeast Missouri State UniversityCape Girardeau, Missouri
3Texas A&M University-CommerceCommerce, Texas
4University of MarylandCollege Park, Maryland
5University of Texas at DallasRichardson, Texas

Top 15 Colleges for a Masters in Management.

1

Wayne State College

  • Wayne, Nebraska
  • Graduation Rate: 48%

Wayne State College is a leading business school of higher learning with numerous accolades for academic excellence and affordability. As of 2018, the college was recognized as one of the best four-year colleges in Nebraska.

The Master of Science in Organizational Management can be taken entirely online, and you can choose from seven concentration areas such as Human Resource Management, Information Technology Management, and Public Affairs.

All graduate students must maintain an overall “B” average to complete the degree.

School Overview

Estimated tuition: $4,185 per year/in-state
Acceptance rate: 71%
Visit School Website
2

Southeast Missouri State University

  • Cape Girardeau, Missouri
  • Graduation Rate: 47%
Southeast Missouri State University sign outdoors

If you are currently employed as a manager or seeking advancement in management, this is one of the best master’s in management programs around. Southeast’s Master of Science in Management degree is especially well-suited for those who did not major in business administration/management at the undergraduate level but have at least three years of employment in positions with managerial responsibilities.

The additional management study and training will allow managers to perform better in their current business roles and help qualify them to advance to mid-level managerial positions.

At Southeast Missouri State University (SEMO), you will get a high-quality education without paying a high price. Southeast Missouri State provides additional value, support, and experience to graduate students through multiple scholarships and a robust graduate assistantship program. This graduate assistantship program can cover tuition and general fees and provide a stipend.

The College of Business and Computing at SEMO is accredited by the Association to Advance Collegiate Schools of Business (AACSB International). To complete the degree, all graduate students must maintain an overall “B” average. This degree can be completed totally online and part-time, but several required courses and electives are also available face to face.

School Overview

Estimated tuition: $5,814 per year/in-state
Acceptance rate: 86%
Visit School Website
3

Texas A&M University-Commerce

  • Commerce, Texas
  • Graduation Rate: 67%
Students and facult talking outdoors on college campus

The College of Business at Texas A&M is accredited by the Association to Advance Collegiate Business Schools–only 800 schools in the world have earned this accreditation.

The Master’s in management programs will help enhance your skills by teaching managerial techniques, leadership skills, and experiential learning. You will gain knowledge in many areas, such as operations management, human resource management, and project management.

A&M has many industry connections with the business community, which gives you access to networking, internships, and other opportunities.

In addition, this Master’s is offered both through in-person and online programs, providing extra flexibility to the student.

School Overview

Estimated tuition: $7,866 per year/in-state
Acceptance rate: 69%
Visit School Website
4

University of Maryland

  • College Park, Maryland
  • Graduation Rate: 85%
Outdoor view of college campus

The University of Maryland is a top national public university and is one of the world’s premier research facilities. As home to 14,000 staff members and 41,000 students, the university is the first “Do Good” campus committed to social entrepreneurship.

The Robert H. Smith School of Business offers a Master of Science in Business and Management program, which provides you with broad skills to help you advance in the business sector.

You will gain valuable knowledge that complements your undergraduate degree with a targeted focus on management, marketing, data-informed decision-making, business strategy, and innovation. You can complete this degree in as little as two semesters at the University of Maryland.

School Overview

Estimated tuition: $47,460 total (in-state)
Acceptance rate: 47%
Visit School Website
5

University of Texas at Dallas

  • Richardson, Texas
  • Graduation Rate: 71%

The School of Management at the University of Texas is an award-winning facility with many accolades. The business school is also recognized for its STEM designation, which boosts your academic experience.

The Master’s in management programs allows you to tailor your education methods in online, traditional, or hybrid formats. You can combine business courses such as marketing, operations, business analytics, supply chain management, and finance and build diverse areas of expertise. By merging these areas, you will gain comprehensive knowledge of all business aspects.

School Overview

Estimated tuition: $10,295 per year.in-state
Acceptance rate: 69%
Visit School Website
6

University of Colorado Denver

  • Denver, Colorado
  • Graduation Rate: 62%

The University of Colorado Denver is located in the heart of downtown. The school is known for providing quality education at an outstanding value. In addition, CU has made substantial economic impacts by contributing over $800 million to the Colorado economy.

The Master of Science in Management and Organization program prepares you for leadership positions in private and public organizations. You will delve deep into career-focused topics such as leadership, organizational change, and strategy and have the choice of four specializations.

CU Business School has connections to more than 300 business partners, which provide management students with endless networking opportunities with industry leaders. In addition, classes for this Master’s in Management are offered both at night and online to best fit the busy schedules of management students.

School Overview

Estimated tuition: $10,458 per year/in-state
Acceptance rate: 64%
Visit School Website
7

Indiana University Bloomington

  • Bloomington, Indiana
  • Graduation Rate: 76%

Indiana University provides a top-ranked education with a dynamic college experience. Recognized as world-class contributors in arts and research, Bloomington is one of seven Indiana University campuses. The Master’s in Strategic Management program is a 30-credit-hour degree that can be completed in 15 months to three years, based on the schedule and pace of the student.

The school uses career-focused learning experiences that propel you to your goals. The program expands your leadership capabilities, teaches you operations management, strategic thinking, and competitive analysis, among other skills, and provides you with the competencies to effectively manage organizations.

The Master of Science in Strategic Management program through the Kelley School of Business allows you to take classes online and complete the degree on your terms.

School Overview

Estimated tuition: $11,220 per year/in-state
Acceptance rate: 77%
Visit School Website
8

University of Illinois

  • Illinois
  • Graduation Rate: 85%

The University of Illinois was founded in 1867 and has been recognized as a world-class leader in teaching, public engagement, and research. Many faculty members have received awards such as Pulitzer Prizes and Nobel Prizes.

The Master of Science in Management program from the Gies College of Business is STEM-designated and provides extensive practical training. You can customize your plan of study based on your career goals and choose an area of specialization, such as global business, finance, or data analytics.

As part of the program, you will gain hands-on experience with real-world projects for clients to increase your problem-solving abilities and business communication skills.

This management degree can be completed in just nine months, which means graduates can be in the field, making a difference faster than many students at other business schools.

School Overview

Estimated tuition: $11,660 per year/in-state
Acceptance rate: 62%
Visit School Website
9

CUNY School of Professional Studies

  • New York City, New York
  • Graduation Rate: 46%

The City University of New York is the largest urban university in the country, with 25 campuses throughout the five boroughs of New York City. The university has been recognized for exceptional quality and affordability. Many students have been recipients of distinguished national academic awards.

The online Master’s in Business Management and Leadership program can be taken through the CUNY School of Professional Studies. You will learn essential business functions as well as new industry trends.

You will also gain a competitive advantage by studying closely with industry experts and an experienced faculty.

School Overview

Estimated tuition: $11,090 per year
Acceptance rate: 48%
Visit School Website
10

Michigan State University

  • East Lansing, Michigan
  • Graduation Rate: 78%

MSU is a top global university with a 93% job placement rate for recent graduates. And the university sets you up for success with its world-class facilities and collaborative community.

The Master of Science in Management, Strategy, and Leadership enables you to merge various professional skills through real-world experiences and theory.

You will learn how to efficiently lead organizations, manage teams, and spark organizational change. The courses for the master’s in management programs can be taken online at your convenience.

School Overview

Estimated tuition: $14,144 per year/in-state
Acceptance rate: 72%
Visit School Website
11

University of Florida

  • Gainesville, Florida
  • Graduation Rate: 87%

The University of Florida has assisted with launching over 200 startups. UF Innovate links innovators with investors and entrepreneurs and incubates startups and growth companies.

The Master’s in Management program was developed for management students from various backgrounds and majors. You will gain diversified experience through study abroad programs, classroom curriculum, and internship opportunities.

UF offers business career services that provide professional development workshops, individual career coaching, and more. In addition, you have the option to take courses on-campus or online to suit your schedule.

School Overview

Estimated tuition: $14,859 per year/in-state
Acceptance rate: 39%
Visit School Website
12

George Mason University

  • Fairfax, Virginia
  • Graduation Rate: 69%

George Mason is the largest public research university in Virginia, with a diverse environment comprised of more than 37,000 students. The Master’s in Management is part of the School of Business, and educates you on the essentials of business management and emphasizes analytical decision making, global understanding, and leadership.

The skills acquired in the master’s in management programs and the skills you gained in your undergraduate studies will give you the versatility to increase potential career opportunities and advancement.

In addition, you will have access to experienced career consultants who will provide you with many resources tailored to your individual goals.

School Overview

Estimated tuition: $15,648 per year/in-state
Acceptance rate: 81%
Visit School Website
13

New Jersey Institute of Technology

  • Newark, New Jersey
  • Graduation Rate: 80%

New Jersey Institute of Technology is a leading polytechnic university. At NJIT, VentureLink is the largest high-growth startup incubator. VentureLink provides mentorship and resources for student-led startups to prosper.

The Master’s in Management program offers several concentration areas, including Business Analytics, Financial Technology, Global Project Management, and Web Systems & Media.

NJIT offers a Fast-Tracked Program that allows you to complete the degree in one year or two years with part-time study. If you have a busy schedule, you can take courses in the evening and take the MSM core online.

School Overview

Estimated tuition: $20,624 per year/in-state
Acceptance rate: 64%
Visit School Website
14

Penn State University

  • University Park, Pennsylvania
  • Graduation Rate: 96%

Penn State University’s Smeal College of Business offers a Master of Professional Studies (MPS) degree in Management & Organizational Leadership, where you can complete your degree in two semesters.

The program was developed for students from STEM disciplines and technical backgrounds. You will receive individual attention and relevant classwork concerning real-world workplace situations.

The program highlights business ethics, negotiations, leadership, and communication skills, which will prepare you for a successful career.

School Overview

Estimated tuition: $24,586 per academic year (resident); $40,812 per academic year (non-resident)
Acceptance rate: 56%
Visit School Website
15

Arizona State University

  • Tempe, Arizona
  • Graduation Rate: 67%

Arizona State University has been recognized as one of the most innovative business schools. The university offers more than 450 graduate degrees and certificates. With small class sizes, you will be given individualized attention for educational success.

The Master of Science in Management program offered through the W. P. Carey School of Business has a meticulously designed curriculum focused on providing non-business graduates with essential, versatile business knowledge. You will gain strategic business skills and problem-solving abilities for real-world business issues.

The program is designed to take just nine months to graduate, getting you into the workforce and using your skills within a year.

School Overview

Estimated tuition: $27,200 per year/in-state
Acceptance rate: 85%
Visit School Website

Our Ranking Methodology

We made a list of 15 schools that offer a Masters in Management. For tuition, we used undergraduate, in-state tuition based on what was stated on the school’s website. We also factored in the acceptance rate.

For more programs check out our Management Degree page.

Questions About Your Ranking?

If you work for one of the schools we ranked and you notice any incorrect information we used for the ranking, please get in contact to let us know what needs to be corrected.

Find the program that’s right for you

Whether you’re trying to start your career or make a big change, we can help you find the perfect school to help you reach your goals.

Degree Finder
BestValueSchools.org is an advertising-supported site. 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.
Woman in graduation cap and gown