100 Most Respected MBA Programs in 2025

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$88,600

Average Tuition

$120,300

Average Salary

583

Average GMAT Requirements

96%

Average ROI

Executive Summary: 100 Most Respected MBA Programs

Our comprehensive guide provides an in-depth look at the 100 most respected MBA programs. Key insights include:

  • An overview of the top 100 most respected MBA programs from prestigious schools like Northwestern University, Stanford University, Massachusetts Institute of Technology, Columbia University, and Duke University, with average graduate salaries ranging from $69,615 to $182,272, ROI ranging from 43% to 385% and Tuition ranging from $12,848 to $219,688.
  • You will find hidden AACSB accredited gems here of programs you may not have considered with low tuition and high graduate ROI.
  • Our list includes programs from 33 states, with California (12), Massachusetts (9), and New York (8) offering the most. States like Nevada, Delaware, and Louisiana have one program each. If your state isn’t listed, 72 programs are available online. If you’re looking for only the 100 most respected online MBA programs, you can explore our detailed study on them.
  • Our data shows that these MBA programs with either high or low tuition costs can provide a strong return on investment and set graduates up for career success.
  • No GMAT list of the 100 most respected MBA programs.

The schools featured in the top 100 most respected MBA programs share many key characteristics that contribute to their excellent reputations and outstanding career outcomes:

  1. Academic Excellence: Each program is backed by a world-renowned business school with a long-standing commitment to academic quality. Their rigorous curricula cover core business topics and offer specialized electives, ensuring that students gain a comprehensive understanding of modern business practices.
  2. Exceptional Faculty: These programs boast highly accomplished faculty members who bring a wealth of industry experience and research expertise to the virtual classroom. They are dedicated to providing students with engaging, interactive learning experiences that foster critical thinking and practical skills.
  3. Cutting-Edge Technology: The top MBA programs invest in state-of-the-art learning platforms and digital tools that enable seamless collaboration, discussion, and networking. These technologies create an immersive environment that closely mirrors the traditional classroom experience.
  4. Immersive Residencies: Many of these programs incorporate in-person residencies that allow students to network with peers, engage in hands-on learning activities, and gain exposure to real-world business challenges. These immersive experiences complement the curriculum and help students build lasting professional connections.
  5. Strong Career Outcomes: Graduates of the top 10 most respected MBA programs enjoy impressive career outcomes, with high average starting salaries and significant ROI. These programs have strong relationships with employers and offer dedicated career services that help students navigate job searches and advance their careers.
  6. Alumni Networks: Each school has a powerful alumni network that spans industries and geographies. These networks provide students with valuable opportunities for mentorship, internships, and career advancement long after graduation.
  7. Accreditation and Rankings: The top MBA programs are fully accredited by recognized bodies such as AACSB, ensuring that they meet rigorous standards for business education. They also consistently rank highly in publications like U.S. News & World Report, Financial Times, and The Economist, reflecting their strong reputations among employers and academics.

By combining these elements, the top 100 most respected MBA programs offer a truly comprehensive and transformative educational experience. They enable students to gain the knowledge, skills, and networks needed to succeed in today’s competitive and changing business landscape.

Top 10 Most Respected MBA Programs Detail

Graduates of these top 10 most respected MBA programs enjoy impressive career outcomes, with average starting salaries ranging from $159,391 to $182,272 and a graduate ROI between 44.96% to 65.25%.

The University of Texas at Dallas

Naveen Jindal School of Management

Location:

  • Richardson

,

  • TX

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $36,118
  • Graduate Salary: $127,000
  • Graduate ROI: 351%
  • GMAT Required: Yes
  • Avg. GMAT: 675
  • Student / Faculty Ratio: 21:1
  • Business School Enrollment: 11,097

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 12
  • Accounting
  • Consulting
  • Corporate Finance
  • Data Analytics
  • Energy
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Human Resources
  • Information Systems
  • Insurance
  • International Business
  • Leadership
  • Management
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Other
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 1
  • Online Rank: 1
  • Best in:

Indiana University Bloomington/Indianapolis

Kelley School of Business

Location:

  • Bloomington

,

  • IN

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $57,984
  • Graduate Salary: $135,742
  • Graduate ROI: 230%
  • GMAT Required: Yes
  • Avg. GMAT: 683
  • Student / Faculty Ratio: 18:1
  • Business School Enrollment: 14,011

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Full-Time
  • ·
  • Online
  • Concentrations: 7
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Finance
  • General Business
  • Global Management
  • Healthcare Administration
  • Information Systems
  • International Business
  • Law
  • Management
  • Other
  • Taxation
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 2
  • Online Rank: 2
  • Best in:

Harvard University

Harvard Business School

Location:

  • Allston

,

  • MA

Control: Private

Academic Year: Quarter

Accredited: AACSB

Accreditation: Business

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  • Tuition: $78,700
  • Graduate Salary: $205,000
  • Graduate ROI: 260%
  • GMAT Required: Yes
  • Avg. GMAT: 740
  • Student / Faculty Ratio: 7:1
  • Business School Enrollment: 1,945

Degree Level(s):

  • Doctoral
  • ·
  • MBA

Offered As:

  • Campus
  • ·
  • Full-Time
  • Concentrations: 10
  • Consulting
  • Data Analytics
  • E-Commerce
  • Economics
  • Entrepreneurship
  • Ethics
  • Finance
  • General Business
  • Healthcare Administration
  • Human Resources
  • Information Systems
  • Leadership
  • Management
  • Marketing
  • Nonprofit
  • Organizational Behavior
  • Public Administration
  • Real Estate
  • Science and Technology
  • Sports Management
  • Statistics
  • Supply Chain
  • Taxation
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 3
  • Best in:

University of Washington

Michael G. Foster School of Business

Location:

  • Seattle

,

  • WA

Control: Public

Academic Year: Quarter

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $42,405
  • Graduate Salary: $151,116
  • Graduate ROI: 356%
  • GMAT Required: No
  • Avg. GMAT: 710
  • Student / Faculty Ratio: 14:1
  • Business School Enrollment: 3,211

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Weekends
  • Concentrations: 4
  • Corporate Finance
  • Data Analytics
  • Education
  • Entrepreneurship
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Management
  • Manufacturing
  • Marketing
  • Other
  • Supply Chain
  • Taxation
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 4
  • Best in:

University of Wisconsin-Madison

Wisconsin School of Business

Location:

  • Madison

,

  • WI

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $36,921
  • Graduate Salary: $159,583
  • Graduate ROI: 432%
  • GMAT Required: Yes
  • Avg. GMAT: 688
  • Student / Faculty Ratio: 9:1
  • Business School Enrollment: 4,414

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 17
  • Accounting
  • Actuarial Science
  • Arts
  • Consulting
  • Corporate Finance
  • Data Analytics
  • Entrepreneurship
  • Ethics
  • Finance
  • General Business
  • Global Management
  • Human Resources
  • Information Systems
  • Insurance
  • International Business
  • Management
  • Marketing
  • Operations Management
  • Other
  • Real Estate
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 5
  • Online Rank: 3
  • Best in:

Northwestern University

Kellogg School of Management

Location:

  • Evanston

,

  • IL

Control: Private

Academic Year: Quarter

Accredited: AACSB

Accreditation: Business

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  • Tuition: $86,370
  • Graduate Salary: $170,000
  • Graduate ROI: 196%
  • GMAT Required: Yes
  • Avg. GMAT: 731
  • Student / Faculty Ratio: 9:1
  • Business School Enrollment: 3,074

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • MBA

Offered As:

  • Campus
  • ·
  • Full-Time
  • Concentrations: 21
  • Accounting
  • Communications
  • Data Analytics
  • E-Commerce
  • Economics
  • Entrepreneurship
  • Finance
  • Financial Management
  • General Business
  • Healthcare Administration
  • Information Systems
  • Leadership
  • Management
  • Marketing
  • Organizational Behavior
  • Public Administration
  • Real Estate
  • Science and Technology
  • Statistics
  • Sustainability
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 6
  • Best in:

The University of North Carolina at Chapel Hill

Kenan-Flagler Business School

Location:

  • Chapel Hill

,

  • NC

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $55,416
  • Graduate Salary: $140,490
  • Graduate ROI: 253%
  • GMAT Required: No
  • Avg. GMAT: 707
  • Student / Faculty Ratio: 13:1
  • Business School Enrollment: 2,820

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Online
  • ·
  • Partnership
  • ·
  • Weekends
  • Concentrations: 13
  • Entrepreneurship
  • Ethics
  • Finance
  • General Business
  • Healthcare Administration
  • Information Systems
  • Leadership
  • Management
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Project Management
  • Real Estate
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 7
  • Online Rank: 4
  • Best in:

Brigham Young University

Marriott School of Management

Location:

  • Provo

,

  • UT

Control: Private

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $31,984
  • Graduate Salary: $120,881
  • Graduate ROI: 370%
  • GMAT Required: Yes
  • Avg. GMAT: 667
  • Student / Faculty Ratio: 12:1
  • Business School Enrollment: 3,875

Degree Level(s):

  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 5
  • Accounting
  • Corporate Finance
  • Entrepreneurship
  • Finance
  • General Business
  • Human Resources
  • Information Systems
  • Law
  • Manufacturing
  • Marketing
  • Other
  • Public Administration
  • Science and Technology
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 8
  • Best in:

Michigan State University

The Eli Broad College of Business

Location:

  • East Lansing

,

  • MI

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $36,981
  • Graduate Salary: $140,298
  • Graduate ROI: 379%
  • GMAT Required: Yes
  • Avg. GMAT: 665
  • Student / Faculty Ratio: 16:1
  • Business School Enrollment: 5,115

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • 1-Year
  • ·
  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 12
  • Accounting
  • Corporate Finance
  • Data Analytics
  • Finance
  • General Business
  • Healthcare Administration
  • Hospitality Management
  • Human Resources
  • Information Systems
  • Law
  • Management
  • Marketing
  • Operations Management
  • Organizational Behavior
  • Other
  • Supply Chain
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 9
  • Online Rank: 5
  • Best in:

The University of Georgia

Terry College of Business

Location:

  • Athens

,

  • GA

Control: Public

Academic Year: Semester

Accredited: AACSB

Accreditation: Business and Accounting

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  • Tuition: $15,334
  • Graduate Salary: $149,000
  • Graduate ROI: 971%
  • GMAT Required: No
  • Avg. GMAT: 698
  • Student / Faculty Ratio: 6:1
  • Business School Enrollment: 9,895

Degree Level(s):

  • Doctoral
  • ·
  • E-MBA
  • ·
  • Master
  • ·
  • MBA
  • ·
  • Undergraduate

Offered As:

  • Campus
  • ·
  • Distance Education
  • ·
  • Evenings
  • ·
  • Full-Time
  • ·
  • Off Campus
  • ·
  • Online
  • ·
  • Part-Time
  • ·
  • Weekends
  • Concentrations: 12
  • Accounting
  • Actuarial Science
  • Arts
  • Corporate Finance
  • Data Analytics
  • Entrepreneurship
  • Finance
  • General Business
  • Global Management
  • Human Resources
  • Information Systems
  • Insurance
  • International Business
  • Law
  • Leadership
  • Management
  • Marketing
  • Real Estate
  • Science and Technology
  • Rankings
  • City Rank: 1
  • State Rank: 1
  • National Rank: 10
  • Online Rank: 6
  • Best in:

100 Most Respected MBA Programs Table

  • Average Tuition: $88,600
  • Average Graduate Salary: $120,300
  • Average Graduate ROI: 96%

Our comprehensive list of the 100 most respected MBA programs offers prospective students a diverse range of options to suit various career goals, learning styles, and budgets. These programs, provided by reputable institutions nationwide, deliver high-quality education that equips graduates with the necessary skills and knowledge to excel in various business roles.

Key features of the programs on this list include:

  • Flexibility and convenience: Learning formats allow students to balance their education with work and personal commitments
  • Comprehensive curricula: Programs cover core business topics and offer specialization opportunities
  • Experienced faculty: Professors bring real-world insights and research expertise to the virtual classroom
  • Networking opportunities: Students can connect through collaboration, in-person residencies, and alumni events
  • Career support services: Dedicated resources help graduates navigate job searches and advance their careers

With an average tuition of $65,158, an average graduate salary of $105,698, and an average ROI ranging from 34% to 385%, these respected MBA programs provide a solid return on investment and prepare graduates for long-term career success.

Filter the following table by Rank, College Name, ROI, Tuition, Graduate Salary to find the criteria most important to you for the 100 most respected MBA programs. You can also use the search bar to find a state or schools in this table.

Rank University Avg. Graduate ROIAvg. In State TuitionAvg. Starting SalaryStateCampus and Online
1 The University of Texas at Dallas 351.00% $36,118 $127,000TXYes
2 Indiana University Bloomington/Indianapolis 230.00% $57,984 $135,742INYes
3 Harvard University 260.00% $78,700 $205,000MANo
4 University of Washington 356.00% $42,405 $151,116WANo
5 University of Wisconsin-Madison 432.00% $36,921 $159,583WIYes
6 Northwestern University 196.00% $86,370 $170,000ILNo
7 The University of North Carolina at Chapel Hill 253.00% $55,416 $140,490NCYes
8 Brigham Young University 370.00% $31,984 $120,881UTNo
9 Michigan State University 379.00% $36,981 $140,298MIYes
10 The University of Georgia 971.00% $15,334 $149,000GAYes
11 University of South Carolina 338.00% $31,014 $105,000SCNo
12 University of Massachusetts Boston 242.00% $30,672 $74,257MAYes
13 University of Virginia-McIntire 170.00% $47,850 $84,651VANo
14 Emory University 78.00% $153,800 $121,380GANo
15 Columbia University 224.00% $91,172 $205,000NYNo
16 The University of Texas at Austin 334.00% $53,818 $180,000TXNo
17 Southern Methodist University 204.00% $63,084 $129,150TXYes
18 Georgia Institute of Technology 201.00% $74,500 $150,246GANo
19 University of Southern California 180.00% $79,893 $144,442CAYes
20 Georgetown University 250.00% $70,108 $181,854DCYes
21 The University of Iowa 351.00% $33,750 $118,569IANo
22 Stanford University 218.00% $85,755 $187,504CANo
23 University of California, Berkeley 253.00% $76,788 $194,740CANo
24 University of St. Thomas-Minnesota 334.00% $28,080 $94,000MNYes
25 New York University 201.00% $86,916 $175,000NYNo
26 University of Pennsylvania 198.00% $87,970 $175,000PANo
27 University of Maryland 120.00% $95,013 $120,446MDYes
28 University of California, Los Angeles 220.00% $78,350 $172,800CANo
29 The University of Chicago 235.00% $87,354 $206,000ILNo
30 University of Florida 422.00% $30,771 $130,000FLYes
31 Carnegie Mellon University 232.00% $81,340 $189,275PAYes
32 Yale University 216.00% $87,800 $190,000CTNo
33 University of Minnesota 276.00% $47,652 $131,972MNYes
34 The Pennsylvania State University 135.00% $84,576 $115,000PAYes
35 University of Illinois at Chicago 537.00% $18,792 $101,000ILYes
36 American University 219.00% $49,220 $108,000DCYes
37 Massachusetts Institute of Technology 220.00% $89,000 $199,370MANo
38 The George Washington University 174.00% $67,800 $118,000DCNo
39 Boston University 169.00% $69,870 $118,566MAYes
40 Fordham University 194.00% $63,800 $124,000NYYes
41 University of Hartford 295.00% $32,004 $94,500CTYes
42 Vanderbilt University 201.00% $74,500 $150,246TNNo
43 Texas A&M University 211.00% $63,000 $133,075TXNo
44 The University of Michigan 262.00% $76,152 $200,000MIYes
45 Cornell University 94.00% $173,192 $161,967NYNo
46 University of Notre Dame 177.00% $73,260 $130,000INNo
47 Rice University 197.00% $76,073 $150,000TXYes
48 New Jersey Institute of Technology 49.00% $61,536 $99,501NJYes
49 University of Tennessee at Knoxville 378.00% $29,600 $112,000TNYes
50 Northeastern University 200.00% $64,570 $135,000MAYes
51 Washington University in St. Louis 185.00% $70,250 $130,000MOYes
52 Duke University 253.00% $81,000 $205,000NCYes
53 Arizona State University 170.00% $63,000 $107,220AZYes
54 Dartmouth College 243.00% $84,250 $205,000NHNo
55 University of California, Davis 191.00% $51,297 $98,000CAYes
56 University of Utah 392.00% $30,600 $120,000UTYes
57 North Carolina A&T State University 1,715.00% $5,888 $101,000NCYes
58 University of California, Irvine 235.00% $67,070 $158,000CANo
59 University of Rochester 220.00% $62,666 $138,300NYYes
60 Baruch College-The City University of New York 531.00% $19,200 $102,000NYYes
61 University of Massachusetts Amherst 336.00% $27,351 $92,000MAYes
62 Santa Clara University 134.00% $96,670 $129,880CAYes
63 Temple University 460.00% $21,984 $101,659PAYes
64 University of Cincinnati 478.00% $23,000 $110,000OHYes
65 Case Western Reserve University 215.00% $58,000 $125,000OHNo
66 University of Delaware 166.00% $49,104 $82,000DEYes
67 Rutgers-The State University of New Jersey-Newark/New Brunswick 162.00% $63,602 $103,278NJYes
68 Babson College 159.00% $89,550 $142,871MAYes
69 Lehigh University 176.00% $61,740 $109,000PANo
70 Georgia State University 195.00% $44,750 $87,439GAYes
71 The Ohio State University 475.00% $31,316 $149,006OHYes
72 University of California, San Diego 185.00% $68,000 $126,000CANo
73 Brandeis University 179.00% $61,117 $109,403MANo
74 University of Colorado at Boulder 170.00% $63,089 $108,510COYes
75 The University of Arizona 286.00% $47,184 $135,000AZYes
76 Indiana State University 332.00% $17,730 $82,000INYes
77 The University of Memphis 186.00% $24,552 $45,882TNYes
78 University of Pittsburgh 281.00% $38,236 $107,793PANo
79 Boston College 223.00% $61,584 $137,500MANo
80 Villanova University 130.00% $64,800 $84,880PAYes
81 The Pennsylvania State University Great Valley 320.00% $39,435 $127,000PAYes
82 Texas Christian University 83.00% $136,140 $113,000TXYes
83 University of Illinois at Urbana-Champaign 192.00% $26,136 $98,500ILYes
84 Stevens Institute of Technology 129.00% $68,820 $89,437NJYes
85 Hofstra University 180.00% $64,800 $120,000NYYes
86 George Mason University 194.00% $53,064 $103,100VAYes
87 University of Miami 153.00% $121,980 $187,504FLYes
88 Middle Tennessee State University 395.00% $22,506 $89,000TNYes
89 Xavier University 185.00% $36,738 $68,000OHYes
90 Queens University of Charlotte 220.00% $39,090 $88,100NCYes
91 University of Nevada, Las Vegas 616.00% $17,031 $105,000NVYes
92 University of Houston 159.00% $56,000 $89,273TXYes
93 Baylor University 123.00% $63,620 $78,808TXYes
94 Johns Hopkins Carey Business School 82.00% $144,000 $118,758MDYes
95 Purdue University 318.00% $34,944 $111,284INYes
96 University of Nebraska-Lincoln 380.00% $34,080 $129,985NEYes
97 Oregon State University 189.00% $41,355 $78,333ORYes
98 Miami University -32.00% $37,800 $92,700OHYes
99 Purdue University Northwest 605.00% $23,400 $87,100INNo
100 The University of Michigan-Dearborn 216.00% $38,396 $83,125MIYes

What is the Average Graduate MBA Salary for the Most Respected MBA Programs?

The average graduate salary range for the most respected MBA programs is quite wide. At the lower end, Willamette University has an average starting salary of $69,615 for its MBA graduates. On the other hand, Stanford University has the highest average starting salary at an impressive $182,272.

The average starting pay across the 100 most respected MBA programs hovers around $120,300.

This substantial difference in starting salaries is due to a number of factors including reputation and ranking of the business school, the strength of its alumni network, the cost of living in the state and region, and the industries and locations where graduates find employment. Prospective b-students can research career outcomes and salary data of their target MBA programs to get a clearer picture the earning potential post-graduation.

While a high average starting salary is undoubtedly attractive, the savvy b-student, however, will consider other factors like tuition costs, financial aid, and the overall return on investment when choosing from the most respected MBA in programs.

Average Graduate Salaries for the Most Respected MBA Programs

10 Highest Average Graduate Salaries for the Most Respected MBAs

  1. The University of Chicago - $206,000.00
  2. Columbia University - $205,000.00
  3. Harvard University - $205,000.00
  4. Duke University - $205,000.00
  5. Dartmouth College - $205,000.00
  6. The University of Michigan - $200,000.00
  7. Massachusetts Institute of Technology - $199,370.00
  8. University of California, Berkeley - $194,740.00
  9. Yale University - $190,000.00
  10. Carnegie Mellon University - $189,275.00

What is the Average Tuition for the Most Respected MBA Programs?

Investing in your future with by attending one of the 100 most respected MBA programs can be a very smart decision. On average, you can expect to pay $88,600 for an MBA program. However, tuition rates can vary significantly, with the most expensive programs costing up to $219,688 from Cornell University the most affordable MBA program from Central Connecticut State University starting at $12,848.

While tuition is a significant factor, it’s not the only cost to consider when pursuing an MBA degree from one of the most respected business programs. Additional expenses can include textbooks, travel to on-site courses or MBA community gatherings, childcare and more. However, by choosing an program, you can save on expenses like commuting and housing, making your degree more affordable overall. Before taking on student loans, explore all your options when financing your MBA, such as scholarships, grants, fellowships, and employer tuition assistance programs. Weigh the long-term benefits of investing in a more budget-friendly MBA program against the potential return on investment (ROI).

The ROI of an online MBA program is often more favorable than traditional programs, as students can continue working while studying. According to a 2017 US News survey, the average salary for students three months after graduating from an MBA program was $96,974, a 22% increase from the average entering salary. The highest average salary increases for online programs hover around 60%. With the right program choice and financial planning, an online MBA can be a worthwhile investment in your future, leading to increased earning potential and career advancement opportunities.

Average Tuition for the Most Respected MBA Programs

10 Most Respected MBA Programs with the Lowest Tuition Costs

  1. Central Connecticut State University – $12,848
  2. North Carolina A&T State University – $13,938
  3. Indiana State University – $19,000
  4. University of Massachusetts Boston – $19,499
  5. University of Nevada, Las Vegas – $21,784
  6. The Citadel – $21,830
  7. The University of Iowa – $23,453
  8. University of Cincinnati – $23,996
  9. University of Florida – $26,473
  10. University of South Carolina – $26,485

10 Most Respected MBA Programs with the Highest Tuition Costs

  1. The College of New Jersey - $5,389,552.00
  2. The University of New Mexico - $3,496,158.00
  3. University of Oklahoma - $3,330,624.00
  4. University of Arkansas - $2,914,942.00
  5. Montclair State University - $2,682,042.00
  6. University of North Carolina Wilmington - $1,992,096.00
  7. Illinois State University - $1,521,252.00
  8. University of Central Florida - $1,441,635.00
  9. Western Carolina University - $1,187,352.00
  10. Stony Brook University - $907,101.00

What is the ROI for the 100 Most Respected MBA Programs?

Return on investment (ROI) is an essential factor when considering which of the 100 most respected MBA program(s) to consider. To calculate ROI, consider both the tuition for the MBA program and the average salary a graduate earns. The average tuition cost for the 100 most respected MBA programs in is approximately $65,158, while the average starting salary for MBA graduates is around $105,698. To calculate ROI, subtract the tuition from the salary and divide by the tuition cost. This will give you a rough estimate of how much value you will get out of graduating from one of the most respected MBA programs.

Investing in your future with by attending one of the 100 most respected MBA programs can be a very smart decision. On average, you can expect about 115% ROI average from the 100 most respected MBA programs. However, ROI percentages can vary significantly, with the highest ROI of  385% from North Carolina A&T State University and the lowest ROI of 34% from Miami University

ROI for the Most Respected MBA Programs

10 Most Respected Online MBA Programs with the Highest Graduate ROI

  1. North Carolina A&T State University – 385.02%
  2. Central Connecticut State University – 330.79%
  3. University of Massachusetts Boston – 318.68%
  4. The Citadel – 267.29%
  5. Indiana State University – 263.16%
  6. The University of Iowa – 240.52%
  7. University of Florida – 221.35%
  8. University of Nevada, Las Vegas – 215.34%
  9. The University of Georgia – 196.87%
  10. University of South Carolina – 182.06%

No GMAT Required – 100 Most Respected Online MBA Programs

What are the 100 most respected online MBA programs that do not require the GMAT exam? More and more prestigious and respected MBA programs do not require the GMAT exam. This is not a waiver, but a policy by the University.

You will no doubt be surprised by the programs in our list of the most respected online MBA programs that do not require the GMAT exam.

Overall the average tuition for these programs is $46,405 with an average graduate salary of $89,007 and an average graduate ROI of 131%.

  • Average Tuition: $46,405
  • Average Graduate Salary: $89,007
  • Average Graduate ROI: 131%

Filter the following table by Rank, College Name, ROI, Tuition, Graduate Salary to find the criteria most important to you for the 100 most respected MBA programs that do not require the GMAT test for admissions.

Most Respected MBA Programs

Most Respected MBA Programs

Business School Data Sources from

See all data sources including 756 College and University Programs

How We Rank the Most Respected Online MBA Programs

MBAGuide’s ranking methodology for the “100 Most Respected Online MBA Programs” combines quantitative data (80% of the overall score) and qualitative assessments (20% of the overall score) to provide a comprehensive evaluation of online MBA programs. The methodology considers factors such as student/faculty ratio, tuition and fees, total enrollment, total concentrations, 3rd party rankings, average GMAT score, average salary after graduation, AACSB accreditation, and editorial input to assess each program’s strengths and overall value to prospective students.

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