2025 Best MBA Programs in Quantitative Methods

MBA Programs in Quantitative Methods
Tuition, ROI, Graduate Salary, GMAT Requirements

10 Best Ranked | Interactive Table | Salaries | Tuition | ROI | GMAT | Alumni Networking | How We Rank

Executive Summary for MBA Programs in Quantitative Methods MBA Programs

The ranking team at MBAGuide.org, evaluated 28 Quantitative Methods MBA programs. Here is a summary of our comprehensive findings. Explore the details about the Quantitative Methods MBA, compare schools, find states and cities where the degree is offered.

1. Comprehensive comparisons, data and analysis – MBAGuide conducted an in-depth analysis of 28 AACSB-accredited campus MBA programs in Quantitative Methods to find the top programs in the country.
2. Ranking metrics you care about – such as average starting salaries, tuition fees, return on investment (ROI), GMAT scores, alumni networks, student-to-faculty ratios, and more with no paywall.
3. Detailed school profiles of Quantitative Methods MBA programs their strengths, faculty expertise, alumni networks to help align your program choice

---

Best 10 MBA Programs in Quantitative Methods

Interactive Table of the Best Ranked MBA Programs in Quantitative Methods

Easily sort the interactive table below to find the best Quantitative Methods MBA programs by Rank, School Name, ROI, Tuition, Average Starting Salary, and Campus or Online to find and to compare MBA programs in Quantitative Methods. Click on any school for a comprehensive school profile.

Rank	University	ROI	In State Tuition	Avg. Starting Salary	State	Online
1	University of California, Berkeley	9.00%	$139,628	$152,831	CA	No
2	New York University	1.00%	$160,130	$161,475	NY	No
3	University of Maryland	22.00%	$98,865	$121,103	MD	Yes
4	Carnegie Mellon University	-0	$147,456	$148,067	PA	Yes
5	Boston University	-3.00%	$124,248	$120,884	MA	Yes
6	University of Notre Dame	8.00%	$123,500	$133,018	IN	No
7	University of Utah	77.00%	$65,700	$116,348	UT	Yes
8	Baruch College-The City University of New York	218.00%	$37,338	$118,633	NY	Yes
9	University of Cincinnati	263.00%	$23,996	$87,013	OH	Yes
10	Case Western Reserve University	4.00%	$92,040	$95,875	OH	No
11	Rutgers-The State University of New Jersey-Newark/New Brunswick	95.00%	$58,442	$113,800	NJ	Yes
12	University of Miami	19.00%	$92,290	$109,555	FL	Yes
13	Portland State University	54.00%	$50,984	$78,264	OR	Yes
14	Ball State University	260.00%	$21,197	$76,400	IN	Yes
15	University of Dayton	227.00%	$33,600	$109,932	OH	Yes
16	University of Central Oklahoma	588.00%	$9,068	$62,400	OK	Yes
17	Illinois Institute of Technology	22.00%	$67,690	$82,352	IL	Yes
18	Wake Forest University	-3.00%	$79,975	$77,800	NC	Yes
19	University of North Carolina at Charlotte	122.00%	$37,946	$84,260	NC	Yes
20	Dominican University of California	220.00%	$35,310	$113,000	CA	Yes
21	California State University, Fullerton	83.00%	$44,550	$81,500	CA	Yes
22	Kent State University	163.00%	$19,908	$52,337	OH	Yes
23	University of Central Arkansas	378.00%	$11,239	$53,700	AR	Yes
24	Pacific Lutheran University	38.00%	$47,664	$65,700	WA	Yes
25	University of Colorado Denver	130.00%	$47,102	$108,246	CO	Yes
26	The University of Tampa	-39.00%	$107,114	$65,758	FL	No
27	Nova Southeastern University	105.00%	$44,351	$90,756	FL	Yes
28	University of South Dakota	219.00%	$14,892	$47,553	SD	Yes
29	California State University, San Marcos	235.00%	$15,648	$52,400	CA	No

An MBA program in Quantitative Methods will cost you between $9,068.00 to $160,130.00.

• Number of Programs Offering Quantitative Methods MBAs: 28
• Average GMAT Score for Quantitative Methods MBA Programs: 604
• Average In-State Tuition for Quantitative Methods MBA Programs: $63,857.62
• Average Graduate Salary for Quantitative Methods MBA Programs: $96,299
• Average ROI for Quantitative Methods MBA Programs: 98%

Compare Quantitative Methods MBA Program Averages vs Campus

Averages	MBA Programs	Online MBA Programs
Number of Programs	28	22
Average Starting Salary	$96,299	$92,817
Average MBA Tuition	$63,858	$52,774
Average ROI	98%	117%
Average GMAT Scores	604	593
Average Full-Time MBA Faculty	100	96
Average MBA Student Faculty Ratio	17:1	18:1
Faculty with Doctorate	84%	84%
Average Full-Time MBA Enrollment	466	456
Average Part-Time MBA Enrollment	322	349
Average % of MBA Students from U.S.	84%	84%

Read about our ranking methodology.

What is the Average MBA Salary for Quantitative Methods Graduates?

Though it’s not the only factor, compensation is an important consideration for individuals considering obtaining an MBA degree. Salaries for graduates with master’s degrees in Quantitative Methods can be significantly higher than those of graduates with only a bachelor’s degree. In addition, advance salary projections from the US Department of Labor show that average MBA salaries are expected to increase by 13.5% each year through the year 2028 with an annual need of 99,000 new managers needed each year.

MBA salaries differs wildly depending on the program you chose, the industry you enter and the experience you have. After earning an MBA from University of South Dakota, the average MBA graduate annual salary is $47,553 . A degree from New York University, will provide an annual salary of $161,475.

Average MBA starting salary for graduates from accredited programs is $96,299 with the lowest of starting of $47,553 and the highest reported starting salary of $161,475.

Average Graduate Salaries for In-Person Quantitative Methods MBA Programs

• Average Quantitative Methods: $96,299
• Lowest Quantitative Methods: $47,553
• Highest Quantitative Methods: $161,475

Average Salary for Graduate of MBA Programs in Quantitative Methods Programs – Interactive Table

Easily sort the interactive table below to find the best Quantitative Methods MBA programs by Starting Salary, and Campus or Online to find and to compare MBA programs in Quantitative Methods. Click on any school for a comprehensive school profile.

Rank	University	Avg. Starting Salary	In State Tuition	ROI	State	Online
1	University of South Dakota	$47,553	$14,892	219.00%	SD	Yes
2	Kent State University	$52,337	$19,908	163.00%	OH	Yes
3	California State University, San Marcos	$52,400	$15,648	235.00%	CA	No
4	University of Central Arkansas	$53,700	$11,239	378.00%	AR	Yes
5	University of Central Oklahoma	$62,400	$9,068	588.00%	OK	Yes
6	Pacific Lutheran University	$65,700	$47,664	38.00%	WA	Yes
7	The University of Tampa	$65,758	$107,114	-39.00%	FL	No
8	Ball State University	$76,400	$21,197	260.00%	IN	Yes
9	Wake Forest University	$77,800	$79,975	-3.00%	NC	Yes
10	Portland State University	$78,264	$50,984	54.00%	OR	Yes
11	California State University, Fullerton	$81,500	$44,550	83.00%	CA	Yes
12	Illinois Institute of Technology	$82,352	$67,690	22.00%	IL	Yes
13	University of North Carolina at Charlotte	$84,260	$37,946	122.00%	NC	Yes
14	University of Cincinnati	$87,013	$23,996	263.00%	OH	Yes
15	Nova Southeastern University	$90,756	$44,351	105.00%	FL	Yes
16	Case Western Reserve University	$95,875	$92,040	4.00%	OH	No
17	University of Colorado Denver	$108,246	$47,102	130.00%	CO	Yes
18	University of Miami	$109,555	$92,290	19.00%	FL	Yes
19	University of Dayton	$109,932	$33,600	227.00%	OH	Yes
20	Dominican University of California	$113,000	$35,310	220.00%	CA	Yes
21	Rutgers-The State University of New Jersey-Newark/New Brunswick	$113,800	$58,442	95.00%	NJ	Yes
22	University of Utah	$116,348	$65,700	77.00%	UT	Yes
23	Baruch College-The City University of New York	$118,633	$37,338	218.00%	NY	Yes
24	Boston University	$120,884	$124,248	-3.00%	MA	Yes
25	University of Maryland	$121,103	$98,865	22.00%	MD	Yes
26	University of Notre Dame	$133,018	$123,500	8.00%	IN	No
27	Carnegie Mellon University	$148,067	$147,456	-0	PA	Yes
28	University of California, Berkeley	$152,831	$139,628	9.00%	CA	No
29	New York University	$161,475	$160,130	1.00%	NY	No

What is the Average In-Person MBA Tuition for Quantitative Methods Programs?

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 MBA program can provide the flexibility of completing a program while being employed in your respective career.

The average in-state tuition for an MBA in Quantitative Methods is $63,857.62 compared to an average campus program Quantitative Methods is $63,857.62 .

The lowest AACSB tuition rate at $9,068.00 from University of Central Oklahoma.

The highest AACSB tuition rate is $160,130.00 from New York University.

Average Tuition for In-Person MBA Programs in Quantitative Methods

• Average: $63,857.62
• Lowest: $9,068.00 from University of Central Oklahoma
• Highest: $160,130.00 from New York University

Interactive Table – Tuition for MBA Programs in Quantitative Methods Programs

Easily sort the interactive table below to find the best Quantitative Methods MBA programs by Tuition to find and to compare MBA programs in Quantitative Methods. Click on any school for a comprehensive school profile.

Rank	University	In State Tuition	Avg. Starting Salary	ROI	State	Online
1	University of Central Oklahoma	$9,068	$62,400	588.00%	OK	Yes
2	University of Central Arkansas	$11,239	$53,700	378.00%	AR	Yes
3	University of South Dakota	$14,892	$47,553	219.00%	SD	Yes
4	California State University, San Marcos	$15,648	$52,400	235.00%	CA	No
5	Kent State University	$19,908	$52,337	163.00%	OH	Yes
6	Ball State University	$21,197	$76,400	260.00%	IN	Yes
7	University of Cincinnati	$23,996	$87,013	263.00%	OH	Yes
8	University of Dayton	$33,600	$109,932	227.00%	OH	Yes
9	Dominican University of California	$35,310	$113,000	220.00%	CA	Yes
10	Baruch College-The City University of New York	$37,338	$118,633	218.00%	NY	Yes
11	University of North Carolina at Charlotte	$37,946	$84,260	122.00%	NC	Yes
12	Nova Southeastern University	$44,351	$90,756	105.00%	FL	Yes
13	California State University, Fullerton	$44,550	$81,500	83.00%	CA	Yes
14	University of Colorado Denver	$47,102	$108,246	130.00%	CO	Yes
15	Pacific Lutheran University	$47,664	$65,700	38.00%	WA	Yes
16	Portland State University	$50,984	$78,264	54.00%	OR	Yes
17	Rutgers-The State University of New Jersey-Newark/New Brunswick	$58,442	$113,800	95.00%	NJ	Yes
18	University of Utah	$65,700	$116,348	77.00%	UT	Yes
19	Illinois Institute of Technology	$67,690	$82,352	22.00%	IL	Yes
20	Wake Forest University	$79,975	$77,800	-3.00%	NC	Yes
21	Case Western Reserve University	$92,040	$95,875	4.00%	OH	No
22	University of Miami	$92,290	$109,555	19.00%	FL	Yes
23	University of Maryland	$98,865	$121,103	22.00%	MD	Yes
24	The University of Tampa	$107,114	$65,758	-39.00%	FL	No
25	University of Notre Dame	$123,500	$133,018	8.00%	IN	No
26	Boston University	$124,248	$120,884	-3.00%	MA	Yes
27	University of California, Berkeley	$139,628	$152,831	9.00%	CA	No
28	Carnegie Mellon University	$147,456	$148,067	-0	PA	Yes
29	New York University	$160,130	$161,475	1.00%	NY	No

What is the Average ROI for MBA Programs in Quantitative Methods?

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.

For MBA programs in across the U.S., the ROI ranges from -39% to 263%.The lowest MBA ROI of -39% is from the program at The University of Tampa.The highest MBA ROI of 263% is offered by University of Central Oklahoma.On average, MBA programs across the U.S. have an ROI of 186%.

Interactive Table – ROI for MBA Programs in Quantitative Methods Programs

Easily sort the interactive table below to find the best Quantitative Methods MBA programs by ROI to find and to compare MBA programs in Quantitative Methods. Click on any school for a comprehensive school profile.

Rank	University	ROI	In State Tuition	Avg. Starting Salary	State	Online
1	University of Central Oklahoma	588.00%	$9,068	$62,400	OK	Yes
2	University of Central Arkansas	378.00%	$11,239	$53,700	AR	Yes
3	University of Cincinnati	263.00%	$23,996	$87,013	OH	Yes
4	Ball State University	260.00%	$21,197	$76,400	IN	Yes
5	California State University, San Marcos	235.00%	$15,648	$52,400	CA	No
6	University of Dayton	227.00%	$33,600	$109,932	OH	Yes
7	Dominican University of California	220.00%	$35,310	$113,000	CA	Yes
8	University of South Dakota	219.00%	$14,892	$47,553	SD	Yes
9	Baruch College-The City University of New York	218.00%	$37,338	$118,633	NY	Yes
10	Kent State University	163.00%	$19,908	$52,337	OH	Yes
11	University of Colorado Denver	130.00%	$47,102	$108,246	CO	Yes
12	University of North Carolina at Charlotte	122.00%	$37,946	$84,260	NC	Yes
13	Nova Southeastern University	105.00%	$44,351	$90,756	FL	Yes
14	Rutgers-The State University of New Jersey-Newark/New Brunswick	95.00%	$58,442	$113,800	NJ	Yes
15	California State University, Fullerton	83.00%	$44,550	$81,500	CA	Yes
16	University of Utah	77.00%	$65,700	$116,348	UT	Yes
17	Portland State University	54.00%	$50,984	$78,264	OR	Yes
18	Pacific Lutheran University	38.00%	$47,664	$65,700	WA	Yes
19	Illinois Institute of Technology	22.00%	$67,690	$82,352	IL	Yes
19	University of Maryland	22.00%	$98,865	$121,103	MD	Yes
21	University of Miami	19.00%	$92,290	$109,555	FL	Yes
22	University of California, Berkeley	9.00%	$139,628	$152,831	CA	No
23	University of Notre Dame	8.00%	$123,500	$133,018	IN	No
24	Case Western Reserve University	4.00%	$92,040	$95,875	OH	No
25	New York University	1.00%	$160,130	$161,475	NY	No

ROI for MBA Programs

• Average: 186%
• Lowest: -39%
• Highest: 263%

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

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.

Even though some B-Schools may not require a GMAT Scores, there’s a good chance that a highly-competitive MBA program does require the GMAT. With that being said, average GMAT Scores for in-person MBA programs in Quantitative Methods is 604 with a highest of 733 and the lowest of 450

The average GMAT score needed for a Quantitative Methods MBA program from an institution is between 450 from Nova Southeastern University to 733 from New York University. The average GMAT scores for Quantitative Methods MBA programs is 604.

It’s important to note that not all MBA programs require a GMAT Score for admissions, but most reputable programs do. With that being said, if you have your eye on a list of competitive programs, it’s best to boost your GMAT Score accordingly. Outside of a solid GMAT Score, B-School admissions departments look at a candidate’s undergraduate GPA, professional experience, letters of recommendation, CV, and personal statement. A strong undergraduate performance may offset a sub-part GMAT Score. The average GMAT Score for on-campus MBA programs in Quantitative Methods is a 603.64 compared to an average MBA program score of 603.64. It is recommended that each B-School applicant take a GMAT diagnostic test in order to determine whether or not further study and/or a prep course is needed to boost your score.

Average GMAT Score for MBA Programs in Quantitative Methods

• Average: 604
• Lowest: 450
• Highest: 733

No GMAT or GRE: Best MBA Programs in Quantitative Methods

More than 233 AACSB accredited MBA programs do not require their applicants to take GMAT exam. Many well-known programs such as the University of Michigan and the University of California, Los Angeles no longer require the exam. If you are unsure where you would like to take your program, then you should take the GMAT sooner rather than later so you don’t lose time meeting the score requirement of a program.

Alumni from Schools Offering an MBA in Quantitative Methods

There are pros and cons when considering the size of your MBA in Accounting program. Larger, more diverse student populations, may lend itself to greater networking and job placement opportunities; whereas smaller programs may provide for more meaningful interactions with fellow classmates.

The importance of networking, whether it’s by way of campus job fairs, student organization members, or faculty mentorship, should not be understated when considering an MBA program. The average MBA enrollment size has a direct impact on your studies, your job prospects, your ability to define your career goals and after graduation connections.

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 Quantitative Methods MBA programs, the range for full-time enrollment is between 46 and 1,590. For part-time enrollment, the range is between : 1.00 and : 3,008.00.

Average Enrollment for MBA Programs Offering an MBA in Quantitative Methods

• Lowest: 46 from Pacific Lutheran University
• Highest: 1,590 from Boston University
• Average: 466 from 28 MBA Programs.

Student / Faculty Ratio for MBA Programs in Quantitative Methods

For most students, their professors are the first exposure to the business world. They are normally practitioners in the field and have successful risen to the top of their respective careers. B-School Quantitative Methods Professors can guide you toward a specific concentration, provide the latest industry trends, and put you on the right track, career-wise. The Student/Faculty ratio is important to those interested in building a lasting relationship with their professor. To use them as a networking opportunity and an advisor.

Top 10 Concentrations Available from Schools Also Offering an Degree in Quantitative Methods?

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 Quantitative Methods businesses, MBA programs here have risen to the challenge by offering you an array of more than 47 MBA concentrations including:

• Quantitative Methods: 31
• Finance: 29
• General Business: 28
• Management: 27
• Marketing: 25
• Data Analytics: 25
• Accounting: 24
• Corporate Finance: 24
• Information Systems: 22
• Entrepreneurship: 21

Here are the top schools offering the widest variety of concentrations to choose from:

• David B. O’Maley College of Business: 30
• Nova Southeastern University: 25
• University of Cincinnati: 24
• Suffolk University: 23
• Harvard University: 23
• Temple University: 23
• Drexel University: 23
• University of Baltimore: 22
• University of California, Berkeley: 22
• The Ohio State University: 22

The Importance of MBA Accreditation for MBA Programs

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 for Quantitative Methods MBA Programs

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

There are 28 Quantitative Methods accredited MBA programs. 0 private and 16 public schools offering Quantitative Methods MBA programs.

Number of Award Earned for MBA Programs Offering an Quantitative Methods Degree

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 28 accredited MBA programs offered in Quantitative Methods, 25 of them have been recognized by at least one distinguished publication MBAGuide, PQ, US News, Forbes, BW, Economist and FT garnering an award as one of the best MBA programs in the country.

• University of California, Berkeley: 7
• University of Notre Dame: 7
• University of Maryland: 7
• New York University: 7
• Carnegie Mellon University: 7
• Boston University: 7
• Case Western Reserve University: 6
• University of Miami: 6
• Rutgers-The State University of New Jersey-Newark/New Brunswick: 6
• University of Utah: 4
• University of Cincinnati: 4
• Baruch College-The City University of New York: 4
• California State University, Fullerton: 1
• The University of Tampa: 1
• Wake Forest University: 1
• Pacific Lutheran University: 1
• Kent State University: 1
• Portland State University: 1
• University of Central Arkansas: 1
• University of Dayton: 1

Publications and the number of awards granted for an MBA degree in Quantitative Methods :

• MBAGuide: 25
• US News: 12
• Forbes: 10
• BW: 11
• Economist: 8
• FT: 7

How We Rank the Best MBA Programs in Quantitative Methods

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.

What is an MBA in Quantitative Methods?

Data is the backbone of most Fortune 500 companies. B-Students with a strong background in data analysis will always be in demand, especially in the high-tech sector. The MBA in Quantitative Methods provides students with the tools needed to land high-level managerial roles in real estate, investment banking, consulting, information technology, finance, economics, and marketing. The sky is the limit for someone who can analyze a business through its performance metrics. The Quantitative Methods program teaches students applied problem-solving methodologies using the latest quantitative models which are critical to a company’s everyday business activities. There is a heavy element of statistics, programming, and financial statement analysis for those interested in pursuing this MBA concentration.

Career Outlook: MBA in Quantitative Methods?

Employment of management analysts is projected to grow 12% through 2026, faster than the average for all occupations. Whether it’s analyzing a sales team’s overall performance, adopting a lean operations methodology, or simply reporting inefficiencies from suppliers, an analyst is capable driving results using quantitative reasoning. As markets become more competitive, firms will need to use resources more efficiently. Those with a pulse on their company’s key performance indexes will have a leg up on the competition.

Employees with a master’s degree earn 20% more on average than those with only a bachelor’s degree and almost 80% more than those without a degree, according to the U.S. Bureau of Labor Statistics.

Competition for quantitative analyst jobs is fierce. An MBA in Quantitative Methodology that combines the scientific method with core business management principles can set you apart from other “Quants.” Being just a numbers cruncher is only one aspect of the job. The most successful Quants are capable of breaking down the most complex data points and can create a solid strategy for a company. They use their quantitative abilities to foster change within a company. This means that Quants are the critical puzzle piece that not only unifies internal company departments but is also the driving force behind change. Quants are flexible employees who have a firm grasp on departmental goals. This is where a high-quality MBA in Quantitative Methods program can help an aspiring management analyst.

Data modeling is critical in the financial world. The ability to accurately predict the financial viability of a project, a department, or an overall company is a highly specialized skill that most don’t possess. With that being said, Quants skills are not isolated to the financial industry. Any business model, whether it’s e-commerce or restaurant ownership, can take advantage of data-driven results. IT, logistics and traffic management, operations, marketing, sales, finance, customer service, etc. – will all benefit from sound quantitative analysis.

How Much Can I Earn with an MBA in Quantitative Methods

The median annual wage for management analysts is $81,330. The lowest 10% earned less than $46,560 and the highest 10% earned more than $149,720.

The median annual wages for management analysts in the top industries in which they worked were as follows:

Sector	Avg. Salary
Professional, scientific, and technical services	$87,480
Management of companies and enterprises	$82,880
Finance and insurance	$80,230
Government	$76,200

What Can I Do With an MBA in Quantitative Methods

It’s very difficult to propose change without the backing of data. In every organization, the number crunchers are key pieces to the success puzzle. In the e-commerce world, data can reveal the buying habits of repeat customers during Cyber Monday, can pinpoint the peak purchasing hours during the day to ensure proper call center staffing, and most importantly, can predict the number of orders during the holidays to ensure proper inventory control. Management analysts propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenue, often through raw data and statistical inferences.

Quants use Microsoft SQL, for example, as a relational database management system, to retrieve critical data about the number of incoming calls compared to the number of orders placed on that particular day. This can determine a sales team’s overall close rate for a window of time. This can be highly useful in training new reps, making sure the appropriate products are put in front of customers, and determining appropriate staffing needs during peak call volumes.

Management analysts typically do the following:

• Gather and organize information about the problem to be solved or the procedure to be improved
• Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
• Analyze financial and other data, including revenue, expenditure, and employment reports
• Develop solutions or alternative practices
• Recommend new systems, procedures, or organizational changes
• Make recommendations to management through presentations or written reports
• Confer with managers to ensure changes are working

What Types of Careers Are Available for an MBA Quantitative Methods

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA). It’s important for Quants to stay up-to-date on the latest database management systems including SQL, Oracle, Sybase, Access, Ingres, etc. Here are some of the career paths for MBA in Quantitative Methods graduates:

• Budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending.
• Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues.
• Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.
• Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.
• Operations research analysts use advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions.
• Statisticians analyze data and apply mathematical and statistical techniques to help solve real-world problems in business, engineering, healthcare, or other fields.

What Skills Do I Need to be Successful In Quantitative Methods?

Sector	Description
Analytical skills	Management analysts must be able to interpret a wide range of information and use their findings to make proposals.
Communication skills	Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.
Interpersonal skills	Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals.
Problem-solving skills	Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.
Time-management skills	Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

What Typical Classes Will I Take in My MBA Quantitative Methods Program?

• Applied Statistics for Managers. This course will provide the students with statistical tools and techniques that will enable them to make an immediate impact in their careers. This course will be realistically oriented and numerous business examples and cases will be analyzed.
• Financial Reporting and Analysis. This course emphasizes the creation and interpretation of financial statements critical to an understanding of today’s economy. Various financial topics related to financial statements are covered. Income statements, balance sheets, and cash flow statements are explored in-depth giving students an appreciation of how these statements are prepared and the standard accounting rules that apply to their creation.
• Management Science through Statistics. This is an application-oriented course that will provide students with a working knowledge of the most commonly used Management Science/Operations Research techniques such as linear programming, integer programming, goal programming, nonlinear programming, network modeling, queuing theory and simulation. The students will learn how to combine the power of the management science and spreadsheets to model and solve a wide variety of business problems.
• Quantitative Analysis for Decision Making. This is a survey of the mathematical, probabilistic and statistical tools available for assisting in the operation and management of industrial organizations.
• Finance, Economics, and Decision Making. The course is a continuation of MBA 520 Accounting and Financial Analysis and focuses on effective business decisions using quantitative and qualitative data, microeconomic and macroeconomic variables, and internal financial priorities. The students refine operational and investment decision-making skills with respect to organizational sustainability and growth, mergers, debt vs. equity funding and capital markets. In addition, students are exposed to foreign currencies, foreign direct investment (FDI), and international trade.

Campus vs. Online Quantitative Methods MBA Programs?

From cutting-edge eLearning platforms to highly interactive Blackboard courses, online coursework has drastically improved over the past few years. As society develops an increasing reliance on information technology and social media, students have demanded more flexible opportunities to attend classes. The working professional has the option of attending a part-time Executive MBA program from the comforts of their home. The traditional on-campus full-time MBA student can integrate online courses into their degree program. Higher educational institutions have realized, in order to be competitive in the marketplace, they must offer a wide range of online courses in addition to their on-campus courses.

Everyone has their own learning style. If you’re the type of student that loves the day-to-day interaction with fellow students, then an on-campus program may be a better fit versus collaboration with students online. If you want to attend a highly reputable MBA program but are limited by geographic location, completing your MBA online is designed for students all over the world. There are nearly 3 million students currently enrolled in online degree programs with approximately 6 million students taking at least one online course as part of their degree program. The days of traditional full-time on-campus programs as the only way to complete your MBA are officially over. You have plenty of options. It’s just a matter of your preferred learning style, tuition costs, student/faculty ratio, quality of education, etc.

• The pros of online learning include lower overhead cost which includes online textbooks, dormitory expenses, and commuting cost. The convenience and flexibility of choosing your own times for learning, and the comfort of learning in your own home.
• The cons of online learning include limited social interaction, computer and software issues as well as cost of high-speed Internet, often requires the student be self-motivated and disciplined progress through the program.
• The pros of campus-based learning include face-to-face and in-person interaction with instructors and fellow students, regularly scheduled class hours, use of the school’s library, athletic facilities, and laboratories.
• The cons of campus-based learning include the requirement to travel to classes, lack of time flexibility, and housing costs.
• One of the many bonuses of completing your MBA online: a number of schools offer free textbooks and include these texts in the price of tuition. Most B-Schools provide their students with access to research platforms like Harvard Business Review to conduct case study research.