Popular Sections for Arizona MBA Students
Interactive Table | Best MBAs Detail | Tuition | Salary | ROI | Average GMAT | No GMAT / GRE | How We Rank
Executive Summary MBA Programs in Arizona for 2025
$46,606
Average MBA Tuition in Arizona
$100,036
Average Starting MBA Salary in Arizona
634
Average GMAT Scores in Arizona
11,221
Average Student Enrollment in Arizona
Key Highlights:
- This guide provides comprehensive data about tuition fees, average starting salaries, GMAT scores, and enrollment statistics for MBA programs in Arizona.
- Detailed profiles of both online and on-campus MBA programs in Arizona, their strengths, unique specializations, faculty expertise, and alumni networks are included to help align your study choice with your career ambitions.
- Insights into Arizona's diverse economic sectors, demonstrating how an MBA degree serves as a potent tool in these industries.
Top 5 Industries and Companies Hiring MBA Graduates in Arizona
Arizona, with its dynamic and diverse economy, presents an appealing prospect for individuals seeking to earn a Master of Business Administration (MBA) degree. The state's flourishing industries offer an array of opportunities for MBA graduates to apply their skills and knowledge in a variety of sectors.
The vibrant Aerospace & Defense industry in Arizona is home to many international companies, providing MBA graduates with opportunities to work on complex projects and assume strategic leadership roles. Similarly, the thriving Technology & Innovation sector offers an ideal platform for MBA holders to guide startups towards profitability or steer established tech firms towards new market opportunities.
Furthermore, the Film & Digital Media industry in Arizona provides an avenue for MBA graduates to utilize their skills in managing production budgets, negotiating contracts, or developing marketing strategies. In the Manufacturing sector, an MBA could enhance operational efficiency, manage supply chains, or oversee product development. Lastly, within the Health & Bioscience sector, MBA holders can improve healthcare delivery models or spearhead research and development initiatives.
Major Industries in Arizona:
- Aerospace & Defense: An MBA graduate can leverage their strategic planning and project management skills within this high-tech industry.
- Technology & Innovation: In this fast-paced sector, an MBA holder can lead business strategy for startups or established tech firms.
- Film & Digital Media: MBAs can apply their skills in budget management, contract negotiation, or marketing strategy within this creative industry.
- Manufacturing: An MBA graduate could enhance operational efficiency and supply chain management within this pivotal sector.
- Health & Bioscience: This rapidly evolving sector offers avenues for MBAs to improve healthcare delivery models or lead research initiatives.
Top Companies Hiring Arizona's MBA Graduates:
- Deloitte: With its global network and diverse service offerings, Deloitte provides a range of opportunities for MBAs in consulting and advisory roles.
- Amazon: This customer-centric company offers roles that allow MBAs to apply their skills in strategy and operations.
- Google: Known for its culture of innovation, Google provides MBAs with opportunities to work on exciting projects across various domains.
- Microsoft: Offering roles across technology and business functions, Microsoft allows MBAs to contribute to shaping the future of technology.
- JPMorgan Chase & Co.: As a leading global financial services firm, it offers MBAs roles in areas like investment banking, asset management, and finance.
Sortable Table of the Top AACSB Accredited MBA Programs in Arizona
Easily sort the interactive table below to find the best MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Arizona. Click on any school for a comprehensive school profile.
| Rank | University | Avg. Graduate ROI | Avg. In State Tuition | Avg. Starting Salary | State | Campus and Online |
|---|---|---|---|---|---|---|
| 1 | Arizona State University | 106.00% | $60,393 | $124,664 | AZ | Yes |
| 2 | The University of Arizona | 96.00% | $54,785 | $107,345 | AZ | Yes |
| 3 | Northern Arizona University | 176.00% | $24,640 | $68,100 | AZ | Yes |
10 Best Ranked MBA Programs in Arizona
Arizona State University
W. P. Carey School of Business
Location:
- Tempe
,
- AZ
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- hybrid
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Engineering
- Entrepreneurship
- Finance
- General Business
- Information Systems
- Management
- Marketing
- Other
- Real Estate
- Science and Technology
- Supply Chain
- Taxation
The University of Arizona
Eller College of Management
Location:
- Tucson
,
- AZ
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Partnership
- ·
- Weekends
- Accounting
- Corporate Finance
- Data Analytics
- Economics
- Entrepreneurship
- Finance
- General Business
- Healthcare Administration
- Information Systems
- Management
- Marketing
- Operations Management
- Other
Thunderbird School of Global Management
Arizona State University
Location:
- Phoenix
,
- AZ
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- Undergraduate
Offered As:
- 1-Year
- ·
- Campus
- ·
- Distance Education
- ·
- Evenings
- ·
- Full-Time
- ·
- Off Campus
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Global Management
- International Business
- Leadership
- Management
- Science and Technology
Northern Arizona University
The W. A. Franke College of Business
Location:
- Flagstaff
,
- AZ
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Facebook, Linkedin and TwitterDegree Level(s):
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Full-Time
- ·
- Online
- Accounting
- General Business
- Insurance
- Management
- Nonprofit
Grand Canyon University
Colangelo College of Business
Location:
,
- AZ
Control: Private, for-profit
Accredited:
Degree Level(s):
Offered As:
- Accounting
- Business Analytics
- Cybersecurity
- Finance
- Health Care Management
- Healthcare Administration
- Human Resources
- Leadership
- Marketing
- Project Management
- Sports Management
Degree Level(s):
Offered As:
- Entrepreneurship
- Financial Management
- Health Care Management
- Human Resources
- Information Systems
- International Business
- Management
- Marketing
- Product Management
- Project Management
- Science and Technology
Degree Level(s):
Offered As:
- Accounting
- Management
- Marketing
- Project Management
Degree Level(s):
Offered As:
- Accounting
- Economics
- Finance
- General Business
- Healthcare Administration
- Human Resources
- Information Systems
- International Business
- Management
- Marketing
- Statistics
Degree Level(s):
Offered As:
- Accounting
- Actuarial Science
- Communications
- Economics
- Entrepreneurship
- Finance
- General Business
- Information Systems
- International Business
- Management
- Marketing
- Public Administration
- Supply Chain
Compare MBA Program Averages in 2025
Arizona, the U.S. and Online
| Averages | Arizona MBA Programs | Online MBA Programs | MBA Programs Nationwide |
|---|---|---|---|
| Average MBA Tuition | $46,606 | $37,176 | $42,639 |
| Average Graduate Salary | $100,036 | $79,354 | $83,011 |
| Average ROI | 126% | 196% | 185% |
| Average GMAT Scores | 634 | 561 | 567 |
What is the Average Tuition for MBA Programs in Arizona?
If you plan on attending an MBA program, it’s best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An online MBA program can provide the flexibility of completing a program while being employed in your respective career.
While the average in-person MBA program in Arizona will cost about $46,606, the least expensive MBA program is $24,640 from Northern Arizona University, and the most expensive is $60,393 from Arizona State University.
An Online MBA program from an institution in Arizona will cost you between $24,640 from Northern Arizona University and $60,393 from Arizona State University. The average cost of online MBA programs within Arizona is $46,606.
Average Tuition for In-Person MBA Programs
Average: $46,606 from Arizona’s 3 in-person MBA Programs
Lowest in-person: $24,640 from Northern Arizona University
Highest in-person: $60,393 from Arizona State University
Most Affordable MBAs in Arizona
- Northern Arizona University - $24,640.00
- The University of Arizona - $54,785.00
- Arizona State University - $60,393.00
Most Expensive MBAs in Arizona
- Arizona State University - $60,393.00
- The University of Arizona - $54,785.00
- Northern Arizona University - $24,640.00
What is the Average Graduate MBA Salary in Arizona?
While the average starting salary for graduates of an in-person MBA program in Arizona is about $100,036, the lowest average MBA starting salary is $68,100 from Northern Arizona University, and the highest average MBA starting salary is $124,664 from Arizona State University.
The average starting salary for graduates of an Online MBA program from an institution in Arizona is between $68,100 from Northern Arizona University and $124,664 from Arizona State University. The average starting MBA salary for graduates of online MBA programs within Arizona is $100,036.
Average Graduate Salaries for In-Person MBA Programs
- Average: $100,036 from Arizona’s 3 In-Person MBA Programs
- Lowest In-Person: $68,100 from Northern Arizona University
- Highest In-Person:$124,664 from Arizona State University
Schools with the Highest Graduate MBA Salaries in Arizona
- Arizona State University - $124,664.00
- The University of Arizona - $107,345.00
- Northern Arizona University - $68,100.00
Schools with the Lowest Graduate MBA Salaries in Arizona
- Northern Arizona University - $68,100.00
- The University of Arizona - $107,345.00
- Arizona State University - $124,664.00
What is the Average ROI for MBA Programs in Arizona?
Choosing an MBA program requires more than a glance at the school’s reputation or curriculum. The return on investment (ROI) should take center stage in your evaluation. This measurement reveals the potential value derived from your tuition investment, putting key factors such as starting salary and career progression under the microscope.
By scrutinizing the ROI, you’re not just making a decision—you’re making an informed one. This approach will ensure the selection of an MBA program that provides the most bang for your buck. Checking the ROI might not be an afterthought; it could be the game-changer in your MBA journey.
While the average in-person MBA program ROI from Arizona is 126%, the lowest ROI is 96% from The University of Arizona, and the best ROI is 176% from Northern Arizona University.
The ROI from Online MBA programs in Arizona range between 96% from The University of Arizona and 176% from Northern Arizona University. The average ROI of online MBA programs within Arizona is 126%.
In-Person ROI for MBA Programs
- Average: 126% from Arizona’s 3 in-person MBA Programs
- Lowest in-person: 96% from The University of Arizona
- Highest in-person: 176% from Northern Arizona University
Highest ROI for MBA Programs in Arizona
- Northern Arizona University - 176.00%
- Arizona State University - 106.00%
- The University of Arizona - 96.00%
Lowest ROI for MBA Programs in Arizona
- The University of Arizona - 96.00%
- Arizona State University - 106.00%
- Northern Arizona University - 176.00%
What is the Average GMAT Score Needed for an MBA Program in Arizona?
The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.
While the average GMAT score needed for in-person MBA program in Arizona is 634, the lowest average GMAT score is for an MBA program is 544 from Northern Arizona University, and the highest GMAT score needed is 684 from Arizona State University.
The average GMAT score needed for an online MBA program from an institution in Arizona is between 544 from Northern Arizona University to 684 from Arizona State University. The average GMAT scored for online MBA programs within Arizona is 634.
Average GMAT Score for In-Person MBA Programs
- Average: 634 from Arizona’s 3 in-person MBA Programs
- Lowest in-person: 544 from Northern Arizona University
- Highest in-person: 684 from Arizona State University
Lowest GMAT Scores in Arizona
- Northern Arizona University - 544
- The University of Arizona - 673
- Arizona State University - 684
Highest GMAT Scores in Arizona
- Arizona State University - 684
- The University of Arizona - 673
- Northern Arizona University - 544
No GMAT or GRE – Best MBA Programs in Arizona
MBA Schools with the Most Alumni Arizona?
The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals.
Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.
For Arizona state’s MBA programs, the range for full-time enrollment is between 359 and 1,328. For part-time enrollment, the range is between : 93.00 and : 807.00.
Average Enrollment for In-Person MBA Programs
- Lowest: 359 from The University of Arizona
- Highest: 1,328 from Arizona State University
- Average: 844 from Arizona’s 3 MBA Programs.
- Average: 296 from 511 the nation’s campus MBA Programs.
Schools with the Lowest Student Enrollment in Arizona
- Arizona State University - 1,328
- The University of Arizona - 359
MBA Programs with the Highest Student Enrollment in Arizona
- The University of Arizona - 359
- Arizona State University - 1,328
What MBA Concentrations Available in Arizona?
Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Arizona businesses, MBA programs here have risen to the challenge by offering you an array of more than 20 MBA concentrations including:
- Accounting: 3
- General Business: 3
- Management: 3
- Other: 2
- Data Analytics: 2
- Economics: 2
- Entrepreneurship: 2
- Finance: 2
- Information Systems: 2
- Corporate Finance: 2
What Schools Offer the Widest Variety of MBA Concentrations in Arizona?
Cities Offering MBA Programs in Arizona
Looking for a particular city in Arizona with an accredited MBA program? Research and compare MBA programs from other cities in Arizona. Find online programs, programs by concentration, by average GMAT score and more.
The Importance of MBA Accreditation
The importance of accreditation can’t be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.
AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.
MBA Program Options Available in Arizona
Options for earning your MBA in Arizona have never been more flexible. Arizona MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.
Arizona has 3 Accredited MBA programs. 0 private and 3 public schools offering MBA programs.
Arizona has 3 public schools and 0 private schools offering MBA degree programs.
3 Accredited MBA programs. and 3 public schools offering MBA programs.
Arizona schools offer 11 different paths to earn your MBA in Arizona including Campus, Full-Time, Online, 1-Year, Distance Education, Evenings, Off Campus, Part-Time, Partnership, Weekends and hybrid.
To meet the diverse needs of Arizona businesses, MBA programs here have risen to the challenge by offering you an array of more than 20 MBA concentrations to specialize in.
Awards for MBA Programs in Arizona
The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.
Of the 3 accredited MBA programs offered in Arizona, 3 of them have been recognized by at least one distinguished publication (MBAGuide, PQ, US News, Forbes, BW, FT and Economist) garnering an award as one of the best MBA programs in the country.
Arizona schools have earned a total of 13 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:
Publications and the number of awards granted for Arizona schools:
- MBAGuide: 3
- US News: 2
- Forbes: 2
- BW: 2
- FT: 1
- Economist: 1
How We Rank the Best MBA Programs in Arizona
MBAGuide.org employs a comprehensive ranking methodology that combines quantitative data (80% of the score) with qualitative assessments (20%) to evaluate MBA programs. The quantitative component considers factors such as student-faculty ratio, tuition, enrollment, and post-graduation salaries, while the qualitative aspect incorporates editorial ratings and school reputation, providing a well-rounded view of each program’s quality and value.
Best MBA Programs by State: Online and In-Person
Alabama – Online | In-Person
Alaska – Online | In-Person
Arizona – Online | In-Person
Arkansas – Online | In-Person
California – Online | In-Person
Colorado – Online | In-Person
Connecticut – Online | In-Person
Delaware – Online | In-Person
Florida – Online | In-Person
Georgia – Online | In-Person
Hawaii – Online | In-Person
Idaho – Online | In-Person
Illinois – Online | In-Person
Indiana – Online | In-Person
Iowa – Online | In-Person
Kansas – Online | In-Person
Kentucky – Online | In-Person
Louisiana – Online | In-Person
Maine – Online | In-Person
Maryland – Online | In-Person
Massachusetts – Online | In-Person
Michigan – Online | In-Person
Minnesota – Online | In-Person
Mississippi – Online | In-Person
Missouri – Online | In-Person
Montana – Online | In-Person
Nebraska – Online | In-Person
Nevada – Online | In-Person
New Hampshire – Online | In-Person
New Jersey – Online | In-Person
New Mexico – Online | In-Person
New York – Online | In-Person
North Carolina – Online | In-Person
North Dakota – Online | In-Person
Ohio – Online | In-Person
Oklahoma – Online | In-Person
Oregon – Online | In-Person
Pennsylvania – Online | In-Person
Rhode Island – Online | In-Person
South Carolina – Online | In-Person
South Dakota – Online | In-Person
Tennessee – Online | In-Person
Texas – Online | In-Person
Utah – Online | In-Person
Vermont – Online | In-Person
Virginia – Online | In-Person
Washington – Online | In-Person
West Virginia – Online | In-Person
Wisconsin – Online | In-Person
Wyoming – Online | In-Person
District of Columbia – Online | In-Person
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.
Find: MBA Programs in Arizona | Online MBA Programs in Arizona Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online MBA | Guide to Earning an MBA Concentrations: Online MBA Concentrations | Campus MBA Concentrations