Exploring the top MBA programs in Maryland can show you that there’s a way to create new career opportunities. So many industries look for their top employees to have a master’s in Business Administration in order to move up the corporate ladder. By choosing to invest in your education, you can be rewarded heavily. We’ve identified the top 19 programs across the state of Maryland for you to consider.
Career Options with an MBA
You can explore a number of career options once you acquire an MBA. It’s possible to focus on a concentration in various subjects, too, such as finance, marketing, engineering, or healthcare. It leads to such positions as Financial Manager, Marketing Manager, Medical & Health Services Manager, and more. An MBA proves that you possess the necessary leadership skills to take on more responsibilities and to lead teams of any size.
Having an MBA can open opportunities with Fortune 100 companies and even lead to CFO and CEO positions. According to the Bureau of Labor Statistics, top executives earn a median pay of $104,690 a year.
Top MBA Programs in Maryland
We’ve made a list of the top MBA programs across Maryland. Some of the programs are offered on a campus within the state while others allow you to take the courses online. You can explore each college and university to find the right fit for you. We’ve ranked the schools based on a combination of tuition (the more affordable are ranked higher) along with enrollment (higher numbers are ranked higher).
1. Towson University
The College of Business and Economics at Towson University offers a number of master of science degrees as well as post-baccalaureate certificates. The university, which has a campus in Towson, MD, offers its classes online and on the campus, allowing students to choose which works for their convenience and schedule. While not a true MBA, the programs offered allow students to earn an MS in either Marketing Intelligence, Supply Chain Management, or Accounting and Business Advisory Services.
- Tuition per year: $7902
- Enrollment: 22,284
2. Morgan State University
The Graves School of Business and Management at Morgan State University offers an online MBA program. The campus, located in Baltimore, offers a number of courses to help students develop advanced business skills. It starts with a strong foundation of liberal arts. From there, students can take courses that will help them with business settings domestically and internationally. Additionally, students can access the Center for Continuing & Professional Students to explore career opportunities before and after obtaining an MBA.
- Tuition per year: $6495
- Enrollment: 7747
3. Frostburg State University
Located in Frostburg, Maryland, Frostburg State University offers a Master of Business Administration, with the courses offered online. It’s possible to concentrate in a number of areas including Business Analytics, Health Care Management, or Management. The program is a 36-credit hour program that offers a well-rounded foundation to students. It has international accreditation and has been recognized as one of the best online programs offered in the country.
- Tuition per year: $7794
- Enrollment: 5676
4. Salisbury University
At Salisbury University in Maryland, students can obtain an MBA on the campus or through online courses. Students will develop proficiency in such areas as economics, management, finance, marketing, and information systems. The university offers an accelerated track using hybrid delivery formats. Additionally, many of the core courses utilize the latest technology in order to prepare students for the advanced systems they will face in the real world.
- Tuition per year: $11,475
- Enrollment: 8714
5. Bowie State University
Bowie State University has had a campus in Bowie, MD since 1865. The MBA program provides students with in-depth knowledge of finance, marketing, and accounting skills. Students will learn about effective leadership tools and innovative management strategies. Small classroom sizes make the university’s program unique. Students who wish to apply to the MBA program will need to have managerial experience or take the GMAT exam.
- Tuition per year: $9960
- Enrollment: 5561
6. Loyola University
There are both full-time and part-time MBA programs available at Loyola University. It allows individuals to choose the career path that works for them. Online and hybrid courses are available, ensuring that students do not have to travel to the Baltimore campus. The program, housed within the Sellinger School of Business, offers five areas of concentration: Marketing, Management, Interdisciplinary Business, Finance, and Data Analytics and Digital Technologies. Many students also qualify for merit-based scholarships, reducing the cost of tuition.
- Tuition per year: $26,928
- Enrollment: 16,437
7. Hood College
At Hood College, there are a few different ways to achieve an MBA. This includes the 4Plus program where students can achieve both a bachelor’s and a master’s degree at the time of graduation. The classes at the college are hands-on and interactive with an emphasis on team projects. The MBA schedule is fast-tracked, too, allowing students to obtain their degree part-time while still being able to graduate in two years or less.
- Tuition per year: $11,430
- Enrollment: 2448
8. University of Maryland
The Robert H. Smith School of Business at the University of Maryland has a full-time MBA program as well as programs that are flexible for working professionals. Students within the MBA program at UM learn about taking risks and leveraging big data. The school has ranked high in a number of different lists around the country, including the Bloomberg Businessweek ranking. Diversity is evident throughout the classes, ensuring that teamwork can be educational.
- Tuition per year: $48,935
- Enrollment: 40,521
9. Goucher College
At Goucher College, there is the Center for Education, Business & Professional Studies. Students are able to concentrate in a number of areas, including international business and arts management. Courses allow students to diversify in a number of areas. There are opportunities to study abroad and explore various internships. While the college doesn’t offer a true MBA program, they do offer a 4+1 program to get an MA in Arts Administration, an MA in Cultural Sustainability, and more.
- Tuition per year: $9720
- Enrollment: 2173
10. John Hopkins University
The Carey Business School at John Hopkins University offers an array of MBA programs to choose from. It is possible to enroll in either a full-time or a flexible program based on individual needs. Courses are offered at the Baltimore campus, though there are online courses, too. The program is 54 credits, which is longer than many of the traditional MBA programs. However, there are also many financial aid programs and exclusive scholarships to those who want to enroll at JHU.
- Tuition per year: $62,500
- Enrollment: 23,917
11. Mount St. Mary’s University
The MBA program at Mount St. Mary’s University offers flexibility so that students can choose the pace at which they’ll earn their degree. Courses are offered in the classroom, online, and as a combination of the two. The MBA program is a part of the Richard J. Bolte, Sr. School of Business. The school has a reputation for providing successful business leaders. Ethical business standards are a major component of the program. Further, there are certificates to add specialization, focusing on such things as Government Contracting, Project Management, and Data Science.
- Tuition per year: $11,700
- Enrollment: 2240
12. Coppin State University
The College of Business at Coppin State University offers a wide array of programs. While an MBA isn’t offered, students have the ability to focus on Accounting and Management Information Systems or Management and Marketing. Instead of earning an MBA, students can choose to earn an MS in Human Services Administration, an M.Ed. in Contemporary Educational Leadership, and more. Degrees earned at Coppin can also be easily transferred so that a student can pursue an MBA at other colleges and universities across the state.
- Tuition per year: $25,466
- Enrollment: 2724
13. Georgetown University
Georgetown University, while technically in Washington DC, is a favorite of many students in Maryland due to its close proximity. MBA programs are offered at the McDonough School of Business. There is both a full-time and a flex MBA program. Both allow hands-on learning as well as engaging faculty. Students will be able to build their network from over 190,000 alumni while also accessing support from the MBA Career Center.
- Tuition per year: $31,940
- Enrollment: 4523
14. Washington Adventist University
At Washington Adventist University, students can choose to obtain an MBA from The School of Graduate and Professional Studies. The full-time program can be completed in as little as 12 months thanks to flexibility with evening and online courses. It is also possible to switch to a part-time program so that students can choose a pace that works for their schedule. WAU offers curriculum to help students diversify in areas of Arts & Social Sciences and Health Professions, Science & Wellness.
- Tuition per year: $11,525
- Enrollment: 1493
15. University of Baltimore
There is both a Flexible and an Online MBA program at the University of Baltimore, found within the Merrick School of Business. The program consists of 48 credit hours along with the ability to choose from one of 11 specializations. Students can choose to concentrate in such areas as Cyber Security, Digital Business, Global Management, Health Care Management, and Entrepreneurship and Innovation. The campus offers a number of libraries, research centers, and activities to help mold future leaders, too.
- Tuition per year: $16,844
- Enrollment: 2097
16. University of Maryland East Shore
The Department of Business, Management and Accounting houses the graduate programs at the University of Maryland East Shore. Traditional MBA programs aren’t offered, though students can choose to pursue a number of post-baccalaureate certificate programs in such areas as environmental sciences, cybersecurity, and Quantitative Fisheries & Resource Economics. It is also possible to achieve a PhD in Organizational Leadership, which goes above and beyond an MBA.
- Tuition per year: $34,054
- Enrollment: 2333
17. St. John’s College
At the Tobin College of Business, there are two MBA programs offered at St. John’s University. This includes a full-time and part-time program to offer flexibility. Most students spend two years across the program to complete 36 credit hours. There are also three concentration field courses that are a requirement to earning the degree. Many students will have the opportunity to earn partial scholarships to reduce the cost of tuition as well.
- Tuition per year: $23,040
- Enrollment: 451
18. McDaniel College
McDaniel College offers a number of graduate and professional studies. Similar to an MBA, there is the Master’s degrees offered in Data Analytics, Human Services Management, and Educational Leadership. There are also post-baccalaureate certificates offered in a number of topics. Students can choose to take courses on the campus in Westminster, Maryland or take the courses virtually. Each graduate student will also be assigned an advisor to help them achieve the full value of their master’s degree.
- Tuition per year: $32,000
- Enrollment: 1629
19. Washington College
Located in Chestertown, Maryland, Washington College has been a liberal arts college since 1782. The campus offers a significant amount of support for students, which such things as Career Development and the Academy of Lifelong Learning. Students can focus on earning a degree in Business Management, including taking foreign language study and international studies. While the program isn’t an MBA, it is a common steppingstone to help students determine that an MBA is in their future. Specializations in Accounting and Finance, Marketing, Information Science, and more are available.
- Tuition per year: $64,250
- Enrollment: 1288
How We Ranked Our Schools
There are quite a few MBA programs in Maryland. We have ranked the schools that offer such programs based on two important components. The schools with more affordable tuitions are given a heavier weight in the ranking system. Then, we rank the schools based on total attendance, with higher attendance levels receiving a heavier weight. We combine the scores of both in order to rank them. The schools are listed in order based on the highest scores at the top.
The tuition is established based on the annual cost (two semesters) for a graduate program. When applicable, the in-state cost is listed. In instances where a school provides the total cost of the program, it is divided in half to represent the two years in which the average program takes.
See an Error?
If you work for one of the schools listed and see an error in the details, please contact us. We wish to use current, accurate information when ranking all of the schools.
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