Earning a top MBA in the north has many benefits. It provides an excellent addition to resumes due to a business program’s reputation, expansive alumni networks, internship opportunities, global experiences, and more. These are the types of benefits that continue with a student far after graduation day. Pursing an MBA is a big decision, and prospective students need to do their due diligence to find a good fit in a program and find a top-notch business school. Those who live in the northern region of the US that are searching for an on-campus program are sure to find a high-quality school in our Best MBA Programs in the North ranking.
Best MBA programs in the North
Business professionals who live in the northern region of the United States can easily find a high-quality Master’s in Business Administration program through some of the top business schools in the nation. Many of these programs are Ivy League and have a long history of excellence. The top colleges and universities throughout the northern region offer a variety of settings, formats, and price points. But rest assured that all of the programs in this list are AACSB accredited and highly respected in the business education sector. Here are the best MBA programs in the north.
Our ranking of the best MBA programs in the north is a consensus ranking that combines data from five leading ranking systems: Forbes, The Financial Times, The Economist, Bloomberg Businessweek, and U.S. News and World Report. Top degrees within this ranking hail from Maine, New Hampshire, Vermont, New York, Rhode Island, Massachusetts, Connecticut, New Jersey, Pennsylvania, Delaware, Maryland, and DC. Each program’s ranking was converted to a score on a 100-point scale, weighted equally, and then averaged to discover a Consensus Score. In the event of a tie, the base tuition of the MBA degree was used as the tie-breaking factor.
Harvard UniversityHarvard Business School
Harvard Business School has many recognitions, including but not limited to being ranked on the US News and World Report’s Best Business Schools list, The Economists Best Full-Time MBA Ranking, Forbes Best MBA Programs in the North, and more. Harvard’s on-campus Master’s in Business Administration is a full-time two-year program with an emphasis on real-world applications. Large class sizes provide networking opportunities with people from around the world. This is balanced by sections, which connect students with about 90 students who will move through the required curriculum together. Section mates take all first-year courses together, share educational facilities, and have their own assigned faculty team. This format allows students to practice management skills, team-building, and developing protocols based on their section’s unique personality and preferences. First-year students also complete many field-based projects with small teams that change throughout the year. This promotes a strong sense of community throughout the entire business school.
University of PennsylvaniaThe Wharton School
The Wharton School of the University of Pennsylvania offers two unique on-campus MBA programs: A traditional, full-time on-campus degree that is held in Philadelphia, and an Executive MBA that is offered in both San Francisco or Philadelphia. The traditional Master’s in Business Administration program is 20 months in length and includes a recommended three and a half month-long summer internship. Students attend classes Monday through Thursday on a full-time basis. There are 19 areas of concentration to choose from and an impressive 200 elective course options. Students have the flexibility to choose their pathway based on their personal goals and experience. The business core was recently redesigned in order to provide participants with a flexible and academically rigorous experience. Through this cross-functional core curriculum, students will gain enhanced analytical thinking skills, communication skills, and leadership skills. With many programs, the business core is set, but with the Wharton MBA’s unique format, students have 3.25 credits of fixed core coursework and 6.25 credits of flexible core choices.
Massachusetts Institute of TechnologySloan School of Management
MIT’s Sloan School of Management is highly ranked by The Economist, Businessweek, Forbes, the Financial Times, and more. Their Master’s in Business Administration graduates have a 95.5% rate of full-time job offers within three months of graduation and boast a median base salary of $150,000. The core curriculum focuses on mastering business concepts, current job trends, and personal development. Students choose from three tracks in Finance, Entrepreneurship & Innovation, and Enterprise Management. A portion of the program is also allotted specifically to analyzing personal interests, strengths, and values. This information is then put together into a plan to help students effectively market themselves in today’s competitive business world. The program also comes with one-on-one career coaching from expert faculty with extensive amounts of industry experience. Sloan has more than 136,000 alumni from across the globe. This extensive network serves as a connection point for many unique opportunities.
Dartmouth CollegeTuck School of Business
The MBA experience at Dartmouth College is made up of many elements that work cohesively together to create a transformational experience. Students participate in team-based projects, complete independent study activities, take part in research-to-practice seminars, and gain hands-on experience through many experiential learning opportunities. Leadership development is also a key part of the program. Students grow on a personal level through participation in peer coaching and utilizing feedback from coworkers. The business core is made up of courses that cover key functional areas of business such as corporate finance, analytics, marketing, organizational behavior, communications, managerial economics, and more. Those with extensive background experience in a particular area may test out of some courses and take additional electives instead. Students are sure to find electives to meet their interests with over 100 elective options available. There are many opportunities for Tuck School of Business students to learn by doing. A few of the hands-on experiences offered are the First-Year Project, Onsite Global Consulting projects, Global Insight Expeditions, working with the Center for Private Equity and Entrepreneurship, or the Tuck Community Consulting program.
Columbia UniversityColumbia Business School
Columbia University is located in bustling New York City. MBA students can earn an AACSB accredited degree that is recognized by top agencies like US News and World Report, Forbes, Businessweek, and The Financial Times. Students begin their academic journey by being assigned to clusters. This group of 65 to 70 students works together closely as they complete first-year core requirements together. Each cluster is intentionally diversified so that students can network and connect with a wide array of leadership styles, nationalities, skill sets, personalities, and experiences. Each cluster is additionally divided into teams in order to facilitate strong core relationships within the program. These teams are generally made up of five students and facilitate strong relationships that benefit participants both academically and emotionally. On-campus MBA students have the opportunity to participate in more than 100 business school specific clubs and organizations. Conferences and seminars are also held throughout the year to promote learning outside of regularly scheduled class sessions.
Yale UniversitySchool of Management
Yale University’s Master’s in Business Administration program is a truly unique experience. Each step of the curriculum is carefully thought out. Students begin with Orientation to Management and Organizational Perspectives courses. These courses cover important topics such as probability modeling & statistics, basic economics, modeling managerial decisions, power & politics, workforce, and global macroeconomy. Elective courses can be taken from many different departments on-campus, making this degree truly customizable. Leadership and teamwork skills are a common thread throughout the entire curriculum. All students participate in a Global Study component. This can be done through an international experience, global network weeks, global network courses, global social entrepreneurship courses, or exchange programs. Yale SOM has partnerships with five of the top business schools in the world for their exchange programs. These include The London School of Economics and Political Science, HEC Paris, National University of Singapore Business School, IESE Business School, Barcelona, Tsinghua University School of Economics and Management, Beijing.
Cornell UniversitySC Johnson College of Business
The SC Johnson College of Business at Cornell University offers a highly regarded on-campus MBA program. This elite degree is ranked within the top 15 by US News and World Report, The Economists, Businessweek, and Forbes. Students can participate in either a one-year fast-track program or the traditional two-year year option at the Ithaca campus. Both of Cornell’s MBA options include a unique dual campus approach that allows students to also take part in courses at Cornell Tech in New York City. They are also STEM-designated, which means that a heavy emphasis is placed on critical skills like technology, data analytics, and contemporary business leadership skills. The two-year program is an immersive experience that includes a required summer internship and industry-specific study, all within the first year. The one-year MBA allows students to combine many courses into an intensive 13-week summer semester that covers strategy, critical thinking, data analytics, and more.
New York UniversityLeonard N. Stern School of Business
New York University students can earn an AACSB accredited MBA in General Management from the Stern School of Business. All students have the option to pursue up to three areas of interest. They may also choose to only participate in the generalist program. The concentration options available are Entrepreneurship, Entertainment & Media, Tech, Luxury & Retail, Marketing, Real Estate, Finance, Social Enterprise, Consulting, or Healthcare. The Stern MBA is an extremely customizable degree. In addition to choosing areas of interest, students can take up to 25% of their courses at partner institutions or other NYU graduate schools. They also have the ability to choose from over 200 elective courses that are taught by top industry leaders and researchers. The business core is comprehensive. Students choose five courses from the following-Business Analytics, Firms & Markets, Foundations of Finance, The Global Economy, Leadership in Organizations, Marketing, Operations Management, or Strategy. During their second year, students can take their learning to the next level through the semester exchange program, traveling through the DBi Program, and taking advantage of many built-in experiential learning opportunities.
Carnegie Mellon UniversityTepper School of Business
The Tepper MBA is a highly regarded, STEM-designated Master’s in Business Administration. Students have the option to earn their degree in three ways. The Full-Time and Part-Time Flex programs include on-campus components. The Full-Time option is completely on campus, runs from September to May, and includes classes Monday through Thursday. Students complete their degree in 21 months with one summer internship included. The curriculum offers a dual focus on leadership development and strategic analytics. Foundational experiences also improve students’ knowledge of financial and managerial accounting, managerial economics, global economics, finance, ethics, leadership, and more. There are numerous concentration options including but not limited to Accounting, Business Technologies, Economics, Operations Research, Operations Management, Organizational Behavior, or Strategy. Tracks can also be chosen in the areas of Business Analytics, Energy Business, Entrepreneurship, Management of Innovation & Product Development, and Technology Strategy & Product Management. These tracks include eight to ten elective courses and a comprehensive capstone project.
Georgetown UniversityMcDonough School of Business
Georgetown University students have the opportunity to earn their MBA while being taught by industry leaders who actively advise Fortune 100 companies, global organizations, and top government officials. This program puts great emphasis on real-world knowledge application through internships, leadership experiences, and consulting projects. The Flex MBA, Full-Time MBA, and Executive MBA options offered through the McDonough School of Business all include on-campus coursework. The Full-Time program includes a strong business core that covers foundational topics such as marketing, strategy, decision sciences, economics, and finance. In the second semester, students can then personalize their degree experience with electives. Electives can be chosen either by interest or by concentration. The concentration options available include Accounting; Operations and Information Management; Finance; Management; Marketing; or Strategy, Economics, Ethics & Public Policy. Intensive Learning Experiences are a unique aspect of the Georgetown MBA. Through ILE’s, students can complete elective credits in one to two weeks and receive either one and a half or three credit hours towards their degree requirements.
Penn StateSmeal College of Business
Master’s in Business Administration students who earn their degree through the Smeal College of Business at Penn State can complete their MBA in two years. This degree was created to prepare professionals for managerial positions in business, nonprofit institutions, and government agencies. The Smeal MBA combines managerial theory, technical skills, and hands-on learning through innovative teaching methods and case studies. Communication is a very important component of this program; because of this, managerial communications is fully integrated throughout the curriculum. The degree is made up of two distinct sections. Students must first complete pre-program competency requirements in economics, mathematics, accounting, and statistics. Upper-level courses cover relevant topics such as communication skills for managers, foundations in finance, global perspectives, marketing management, and ethical leadership. There are 22 elective credits included, and the program ends with a culminating experience focused on strategic management. Joint JD and MD degrees are also available to MBA students.
University of RochesterSimon Business School
The Simon Business School offers the first Master’s in Business Administration program in the United States with a STEM-Designated option in any of their areas of specialization. This program is also highly recognized by the leading ranking systems such as Forbes, Businessweek, US News and World Report, and The Economist. There are three formats available for the Rochester MBA. These include Full-Time, Executive, and Professional options. Full-Time students get to experience the new learning approach called Integrated Student Experience. This method tailors all activities and learning to match each student’s personalized career goals. The Office of Student Engagement also supports students throughout their job search. Leadership, diversity, the ability to make an impact, and experiential learning opportunities are all foundational aspects of this well-rounded program. There are many ways that hands-on learning is integrated into the curriculum. A few additional opportunities are international immersions, case competitions, project-based courses, vision consulting, the AIN Center, the Meliora Fund, and more.
University of PittsburghCollege of Business Administration and Joseph M. Katz Graduate School of Business
There are five unique MBA options available to University of Pittsburgh students. These include Accelerated MBA, Signature MBA, Part-Time MBA, MBA with Business Analytics, or Joint & Dual degree MBA. The Accelerated MBA is an intensive 12-month on-campus program. This degree is designed with students who have extensive experience in the workforce in mind. The program helps participants advance within their chosen industry or profession, all within three consecutive semesters. Students learn through an integrated learning approach that covers relevant topics like research, data programming, and business communications. Participation in community-based projects, summer internships, case competitions, and professional development helps students apply the skills learned to situations outside of the classroom. Elective courses and Credentials build personal interest in the curriculum. Credentials can be chosen in Business Analytics, Finance, Marketing, Operations, Organizational Behavior, or Technology Management. The Master’s in Business Administration in Analytics is a brand new STEM-Designated program. This program combines an MBA with a certificate in Business Analytics.
Boston UniversityQuestrom School of Business
The Questrom Master’s in Business Administration is a holistic experience that allows students to master academics while also networking, participating in extracurricular activities, and taking part in learning communities. The learning communities are a unique aspect of this program. These groups are formed around specific areas of interest and place students, faculty, clubs, and staff together to learn about the subjects on a deeper level. In addition to over 100 elective options, students can also choose a Career Pathway. Career Pathways are a series of courses that fast-track students’ knowledge of industry-specific topics such as Brand Management, Customer Analytics, Strategy Consulting, Corporate Finance, and Strategy Consulting. Specializations can also be obtained through the Health-Sector Full-Time MBA, Social Impact Full-Time MBA, or the MBA + MS in Digital Technology. Many MBA students at Boston University participate in global experiences. These opportunities range from global immersion courses, international consulting projects, and student-led treks.
University of Maryland, College ParkRobert H. Smith School of Business
The Full-Time MBA program offered through the Smith School of Business at the University of Maryland, College Park, is a comprehensive program with many unique components. The program’s rigorous business core is 30 credits and dives into theory and best practices for business. A few of the courses included are Financial Accounting, Finance, Data-Driven Decision Models, Leadership & Teamwork, and Managerial Accounting. Focus Areas allow students to personalize their degree by choosing a subject that is of interest to them. The options available are Finance, Marketing, Consulting, Supply Chain, or Innovation & Technology. Within Focus Areas, students can be even more specific with their studies by choosing a career specialization. For example, students under the Consulting Focus Area can specialize in Consulting, Organizational Leadership, or Strategy & Economics. Throughout the curriculum, there are components that stretch the academic experience, such as an integrated capstone course, Smith Showcase Seminars, and content that discusses and integrates AI within the business world.
George Washington UniversitySchool of Business
On-campus MBA students have many options at George Washington University. Their Master’s in Business Administration choices include Global MBA, Accelerated MBA, STEM MBA, Professional MBA, MBA in Security Technology Transition, as well as several joint & dual degree options. The Global option is 21 months in length and includes a well-rounded business core. Some of the relevant courses within the core are Accounting for Internal Decision Making, Business Ethics, Strategic Management, Leadership Lab, Operations Management, and Microeconomics for the World Economy. Students also participate in a unique consulting abroad project which combines one on-campus component with a study abroad experience. Three electives are included as well. During their first year, students take classes, attend lectures, work on team projects, complete case studies, and participate in hands-on learning with a cohort group of 40 to 45 classmates. Year two focuses on helping students meet their professional goals and expand their knowledge of technology as it pertains to business.
Babson CollegeF.W. Olin Graduate School of Business
Babson MBA students can choose to complete their degree in either 12 or 21 months. Both options follow the same highly esteemed curriculum and connect students with a cohort from the beginning of their program. Just less than 75% of coursework for this innovative program are electives or special topics that align with personal career goals. Some of the choices available are Business Strategy and Game Theory, Cognitive Technology, Leading Business Turnarounds, and Entrepreneurship & Gig Economy. Students can expand their knowledge through seven concentration options in high-demand sectors such as Business Analytics, Global Management, Entrepreneurship, Quantitative Finance, and Marketing. There are several ways to put academics into action through numerous experiential opportunities. A few of these include participating in Rocket Pitch, the BETA Challenge, Women Innovating Now Lab, Babson Consulting Experience, and international travel opportunities. The Babson College Fund puts students in charge of managing a $3 million part of the College’s endowment fund.
Hult International Business School
There are four Master’s in Business Administration options to choose from at the Hult International Business School. Three of those options include on-campus learning. The Global One-Year MBA, Executive MBA, and Hybrid MBA are all well regarded within the business education community. While they are on-campus programs, one unique aspect of this MBA is that students can take elective courses at any of Hult’s global campuses. Campuses can be found in Dubai, London, New York, Shanghai, Boston, and San Francisco. Students begin by taking core courses in the fall and winter at their home campus. The core covers many important subjects like Leading Globally, Marketing, Data & Decisions, Managerial Economics, Leading with Personal Impact, and Project Management. Students then move on to customized experiences through electives, internships, and seminars. The techniques and technology learned are then put to the test in a unique capstone challenge. Programs begin in both January and September, making spring or fall an accessible time to start.
Northeastern UniversityD’Amore-Mckim School of Business
Northeastern’s MBA is a two-year, full-time program that takes place on campus in Boston, Massachusetts. The curriculum begins with a semester of business management and foundations courses. Students work through coursework in a small-group cohort to facilitate both personal and professional connections. Those who meet certain criteria may have the option to waive some of the core requirements. During the second semester, electives and concentration courses begin. These classes are designed to prepare students for a signature learning experience. This unique experiential learning opportunity includes a paid corporate residency. Students can choose to participate for three months, six months, or even up to a year. In addition to corporate residency, there are many opportunities to expand your horizons, such as global consulting projects, domestic consulting projects, 360 Huntington Fund, IDEA-Student Led Venture Accelerator, International Field Studies, and a Washington DC, Residency. Credits can also be earned through interdisciplinary learning and concentration courses. Concentrations are varied and cover Finance, Healthcare Management, International Business, Marketing, Business Analytics, Entrepreneurship, and more.
University at BuffaloSchool of Management
The University at Buffalo’s Master’s in Business Administration is an AACSB accredited degree. This top-notch program was developed with input from faculty, alumni, corporate recruiters, and career experts. This full-time, two-year degree builds participants’ skills in communication, team building, integrative analysis, and quantitative analysis. Courses cover a variety of useful topics like financial analysis for managers, organizational behavior, business strategy, information technology for managers, and team skills. The third and fourth semesters include elective course work, a capstone project, and a business practice course. Along with electives, students can choose an area of concentration to guide the direction of their studies. Some of the concentrations available are Finance, Information Systems & E-Business, International Management, Operations & Supply Management, Analytics, or Health Care Management. In addition to the general MBA, there are also many collaborative MBA options. A few of the offered joint degrees are AuD/MBA, DDS/MBA, JD/MBA, Real Estate Development/MBA, PharmD/MBA, and MPH/MBA.
Boston CollegeCarroll School of Management
The Full-Time MBA offered through the Carroll School of Management is a well-rounded program that fosters both personal and professional development. First-year students dive into courses like Managing People & Organizations, Financial Management, Introduction to Strategic Management, and Data Analytics. Electives are introduced towards the end of year one and make up the majority of year two. Electives are grouped into functional areas of business and cover topics like Asset Management, Corporate Finance, Leadership & Management, Global Management, Product & Brand Management, and Competitive Service Delivery. All Carroll MBA participants also complete 20 hours of community service as a part of their graduation requirements. Student ambassadors are a unique addition to the MBA team. Students can reach out to MBA Ambassadors for questions or concerns on a variety of topics such as community involvement, coursework, internships, and job searching. Experiential learning plays an important role in the Carroll Master’s in Business Administration. Each semester there are many interesting ways for students to extend their learning through real-world applications.
Fordham UniversityGabelli School of Business
The Fordham MBA is a selective program that typically enrolls less than 70 students per year. This AACSB accredited program begins with a month-long immersive orientation. Over the next two years, students will complete traditional courses like Marketing, Management, Ethics, Economics, Finance, and Strategy. But this Master’s in Business Administration stands out because of the many additional experiential learning opportunities that are involved. Students gain global exposure by acting as consultants for nonprofits in South America & Europe, networking with New York City-based companies, utilizing Virtual Reality & Augmented Reality tools during class assignments, and receiving individualized counseling and coaching for career development & personal growth. Concentrations are offered in Accounting, Communications, FinTech, Finance, Information Systems, Management, Marketing, or Public Accountancy. Secondary concentrations can also be earned in Blockchain, Corporate Compliance, Electric Business, Entrepreneurship, Healthcare Management, and International Business. Fordham MBA students are required to have work experience for admission. Their internship component takes this experience to the next level and sets participants up for excelling within top companies like ADT, GE, Major League Baseball, Citi-Bank, Pfizer, and more.
Howard UniversitySchool of Business
The Howard University MBA program was the first in Washington, DC, to gain AACSB accreditation. Applicants must have a bachelor’s degree and a minimum of two years of work experience. The program boasts a three to one student to faculty ratio, which means that participants have many opportunities for personalized interaction with professors. Students can choose from either a Full-Time or Accelerated Flex format. There are also several dual degree opportunities that combine an MBA with JD, MD, PharmD, MSW, MDiv, or BSE. Thirty-three credit hours make up the comprehensive business core, which builds students’ knowledge of important topics such as economics for global leaders, statistics & business analytics, financial accounting, project management, marketing management, and production research. Concentrations can be earned in Finance, General Management, Entrepreneurship, Human Resources, Marketing, International Business, or Supply Chain Management. The Accelerated Flex program offers the same high-quality curriculum as the Full-Time option. Flex students are able to maintain their daytime responsibilities by taking evening classes.
Rutgers, The State University of New Jersey-Newark and New BrunswickRutgers Business School
Rutgers students can now obtain a STEM-designated MBA degree. The MBA curriculum covers foundations as well as core business concepts. A few of the courses included are Organizational Behavior, Marketing Management, Operations Analysis, Business Communications, Information Technology for Managers, and International Business. In addition to the rigorous business core, students also have over ten concentration areas to choose from in top fields like global business, pharmaceutical management, strategy & leadership, supply chain management, analytics & information management, and real estate. Global study options take learning to new heights and give students an opportunity to travel to business hubs around the world. Costa Rica, China, France, India, and Germany are just a few of the available destinations. Real-world learning plays an important role in this innovative program. Students participate in team consulting courses, case study competitions, executive mentoring, and corporate internships to strengthen their skills and prepare for the next level of their careers.
CUNY Bernard M. Baruch CollegeZicklin School of Business
CUNY Bernard M. Baruch College is located right in the heart of New York City. On-campus students benefit immensely from being near the resources that the city has to offer. There are three formats for the Zicklin MBA-Full Time, Evening, or Executive. The Full-Time curriculum mixes foundational business skills with functional skills that directly relate to the real world of business. The business core covers topics such as business communications, global and economic perspectives, managing people & organizations, strategy management, and more. A few of the functional skills discussed are corporate finance, financial reporting, marketing management, business analytics, innovation, and information technology strategy. Electives are unique in this degree because students can choose 18 credits from any academic department within the Zicklin School of Business. All students also participate in an innovative Business Consulting Practicum. This component of the program allows students to turn what they have learned in the classroom into a proposal that is delivered as a business plan to a real New York company.
In today’s competitive business world, it can be very difficult to stand out among the crowd. Earning just any advanced degree is not enough to attract the attention of top companies. There are many degrees and business programs to choose from, and finding the right path can sometimes feel overwhelming. A Master’s in Business Administration is an excellent choice because these programs cover the foundations of business but also include concentration options, electives, and many experiential learning opportunities that make learning personalized and applicable to the real world.
Before choosing to pursue a degree in the northern region, you may have a few questions:
Will it Cost More to Earn a Degree in the Northern Part of the Country?
It is no secret that earning an Ivy League education can come with a high price tag. But this is often offset by the fact that many of the universities with higher tuition rates often boast higher than average starting salaries for their graduates, as well as very high employment rates after graduation. For those in the northern region of the United States, a top-notch Master’s in Business Administration is practically essential. The northern US is a hub for business that is unlike anywhere else in the country. Many of the schools listed on our Best MBA Programs of the North produce some of the highest-paid MBA grads. But it is also worth noting that there are several schools on our ranking that are highly accredited and well-respected without the high price tag.
Do MBA Graduates from Northern Universities Have More Diverse Career Opportunities?
MBA programs typically prepare students with foundational business knowledge, advanced communication skills, elite leadership skills, and concentration work that dives deep into specific fields. Business foundations such as marketing, finance, human resources, economics, and data analytics prepare students for positions that are available in a variety of sectors. Concentration options then encourage students to hone in on their personal interests and skillsets. While this type of education is a benefit in any part of the country, choosing to earn a degree in the northern region certainly sets graduates up with networking opportunities and connections that aren’t possible elsewhere. Students who are interested in becoming entrepreneurs may particularly benefit from the innovation seen in northern cities like NYC.
Is a Degree From the North More Desirable to Possible Employers?
While there are obviously some notable names in the business education world, the location that a degree was completed at is of little importance compared to the school’s prestige and accreditation status. All of the Master’s in Business Administration programs on our Best MBA programs in the North ranking carry AACSB accreditation. Many are STEM-designated as well. Another thing to consider is the quality and quantity of a university’s alumni. Connections and networking are something that should never be taken for granted, especially in the business world. Many of the MBA programs on our list also include internship opportunities. While this may seem redundant to those who are already working professionals, internships show potential employers that you are teachable. They also provide a point of entry for many top companies that are located in the region.
Does Attending a Northern School Have Networking Benefits?
Earning a degree from the north definitely has benefits because the connections that are possible in this region are unparalleled. We often forget that a business school itself provides an immense amount of networking opportunities. These opportunities can be found in numerous ways, including through peers, faculty, networking events, alumni, internships, global experiences, and more. Many full-time MBA programs are run on a cohort model. This method places a small group of students together throughout the first year or the entirety of their program. This model encourages students to make strong personal connections but also often includes opportunities to interact with other peers as well. The connections formed within a cohort are long-lasting and beneficial, even after graduation. Internships are considered one of the most pivotal networking opportunities for many top-tier MBA programs. These internships often set students up for success within companies in the area and make connections that would not have otherwise been possible. While many MBA students come into their chosen program with work experience, they often leave as true professionals and experts in their field.
Is the Cost of Living in the North More Expensive?
The short answer is yes. Northern states such as New York, Massachusetts, Maryland, Connecticut, New Jersey, and Rhode Island have some of the highest cost of living in the United States based on the cost of groceries, housing, utilities, and transportation. US News and World Report lists the average annual salary for MBA graduates at $106,757. This is significantly higher than the average living wage in New York, which was reported in 2019 at $59,218. Many of the most highly regarded business schools are located in the north and included within this ranking. According to the same article, top MBA programs have an average salary and bonus compensation of $173,860.
Earning an MBA has many benefits for those who are interested in moving the needle on their careers. Regardless of your desired field a Master’s in Business Administration shows a strong commitment to learning, professional development, leadership skills, and teamwork. Earning an MBA in the north also comes with its own set of benefits, such as access to top companies, international connections through major cities, access to many Ivy League universities, and more. Earning a degree in the north can come with a higher price tag than other parts of the country, but in our research, this investment frequently pays off due to higher average salaries earned in the area for MBA grads. Finding the right graduate-level business program can be a long and tedious process, but our list of the Best MBA Programs in the North is sure to make finding a high-quality on-campus degree in the northern United States a bit easier.