2025 Best MBA Programs in Michigan

Compare MBA Program Averages in 2025
Michigan, the U.S. and Online

Averages	Michigan MBA Programs	Online MBA Programs	MBA Programs Nationwide
Average MBA Tuition	$38,593	$76,119	$85,145
Average Graduate Salary	$97,014	$82,169	$85,550
Average ROI	149%	196%	185%
Average GMAT Scores	556	561	567

What is the Average Tuition for MBA Programs in Michigan?

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 Michigan will cost about $38,593, the least expensive MBA program is $23,340 from Michigan Technological University, and the most expensive is $76,152 from The University of Michigan.

An Online MBA program from an institution in Michigan will cost you between $24,000 from Saginaw Valley State University and $76,152 from The University of Michigan. The average cost of online MBA programs within Michigan is $38,738.

Average Tuition for In-Person MBA Programs

Average: $40,656 from Michigan’s 11 in-person MBA Programs
Lowest in-person: $23,340 from Michigan Technological University
Highest in-person: $76,152 from The University of Michigan

What is the Average Graduate MBA Salary in Michigan?

While the average starting salary for graduates of an in-person MBA program in Michigan is about $97,014, the lowest average MBA starting salary is $54,500 from Northern Michigan University, and the highest average MBA starting salary is $200,000 from The University of Michigan.

The average starting salary for graduates of an Online MBA program from an institution in Michigan is between $54,500 from Northern Michigan University and $200,000 from The University of Michigan. The average starting MBA salary for graduates of online MBA programs within Michigan is $96,100.

Average Graduate Salaries for In-Person MBA Programs

• Average: $97,226 from Michigan’s 11 In-Person MBA Programs
• Lowest In-Person: $54,500 from Northern Michigan University
• Highest In-Person:$200,000 from The University of Michigan

What is the Average ROI for MBA Programs in Michigan?

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 Michigan is 149%, the lowest ROI is -3% from Michigan Technological University, and the best ROI is 373% from Michigan State University.

The ROI from Online MBA programs in Michigan range between -3% from University of Detroit Mercy and 373% from Michigan State University. The average ROI of online MBA programs within Michigan is 154%.

In-Person ROI for MBA Programs

• Average: 149% from Michigan’s 11 in-person MBA Programs
• Lowest in-person: -3% from Michigan Technological University
• Highest in-person: 373% from Michigan State University

What is the Average GMAT Score Needed for an MBA Program in Michigan?

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 Michigan is 556, the lowest average GMAT score is for an MBA program is 450 from Lawrence Technological University, and the highest GMAT score needed is 720 from The University of Michigan.

The average GMAT score needed for an online MBA program from an institution in Michigan is between 450 from Lawrence Technological University to 720 from The University of Michigan. The average GMAT scored for online MBA programs within Michigan is 557.

Average GMAT Score for In-Person MBA Programs

• Average: 582 from Michigan’s 11 in-person MBA Programs
• Lowest in-person: 450 from Lawrence Technological University
• Highest in-person: 720 from The University of Michigan

No GMAT or GRE – Best MBA Programs in Michigan

MBA Schools with the Most Alumni Michigan?

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 Michigan state’s MBA programs, the range for full-time enrollment is between 29 and 1,303. For part-time enrollment, the range is between : 31.00 and : 607.00.

Average Enrollment for In-Person MBA Programs

• Lowest: 39 from University of Detroit Mercy
• Highest: 1,303 from The University of Michigan
• Average: 412 from Michigan’s 15 MBA Programs.
• Average: 296 from 511 the nation’s campus MBA Programs.

What MBA Concentrations Available in Michigan?

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 Michigan businesses, MBA programs here have risen to the challenge by offering you an array of more than 36 MBA concentrations including:

• Accounting: 15
• General Business: 14
• Finance: 13
• Corporate Finance: 13
• Marketing: 12
• Management: 12
• Information Systems: 12
• Supply Chain: 11
• Data Analytics: 10
• Human Resources: 9

What Schools Offer the Widest Variety of MBA Concentrations in Michigan?

• Central Michigan University: 21
• Eastern Michigan University: 19
• The University of Michigan-Flint: 17
• Michigan State University: 16
• Grand Valley State University: 15
• Oakland University: 15
• Wayne State University: 14
• Western Michigan University: 14
• Saginaw Valley State University: 11
• University of Detroit Mercy: 10

Cities Offering MBA Programs in Michigan

Looking for a particular city in Michigan with an accredited MBA program? Research and compare MBA programs from other cities in Michigan. Find online programs, programs by concentration, by average GMAT score and more.

• Ann Arbor
• Dearborn
• Detroit
• East Lansing
• Flint
• Grand Rapids
• Houghton
• Kalamazoo
• Marquette
• Mount Pleasant
• Rochester
• University Center
• Ypsilanti

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 Michigan

Options for earning your MBA in Michigan have never been more flexible. Michigan MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule.

Michigan has 15 Accredited MBA programs. 0 private and 13 public schools offering MBA programs.

Michigan has 13 public schools and 0 private schools offering MBA degree programs.

15 Accredited MBA programs.  and 13 public schools offering MBA programs.

Michigan schools offer 10 different paths to earn your MBA in Michigan including Full-Time, Part-Time, Online, Evenings, Weekends, Campus, Partnership, 1-Year, Off Campus and Distance Education.

To meet the diverse needs of Michigan businesses, MBA programs here have risen to the challenge by offering you an array of more than 36 MBA concentrations to specialize in.

Awards for MBA Programs in Michigan

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 15 accredited MBA programs offered in Michigan, 14 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.

Michigan schools have earned a total of 26 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

• The University of Michigan: 7
• Michigan State University: 7
• Wayne State University: 1
• Northern Michigan University: 1
• The University of Michigan-Flint: 1
• Grand Valley State University: 1
• University of Detroit Mercy: 1
• Central Michigan University: 1
• Saginaw Valley State University: 1
• Western Michigan University: 1
• Eastern Michigan University: 1
• Michigan Technological University: 1
• Oakland University: 1
• The University of Michigan-Dearborn: 1

Publications and the number of awards granted for Michigan schools:

• MBAGuide: 14
• US News: 2
• Forbes: 2
• BW: 2
• FT: 2
• Economist: 2

How We Rank the Best MBA Programs in Michigan

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.

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 Michigan | Online MBA Programs in Michigan 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