Rankings / Masters
Best Master's in Business
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Choosing the right master's program in business is a significant decision. With so many options available, it's essential to find a school that not only provides a solid education but also leads to favorable career outcomes. The average earnings for graduates from the top programs listed here is $80,956, a figure that speaks volumes about their potential return on investment.
What sets these programs apart is their focus on key metrics like graduate earnings, student mobility, debt levels, and completion rates. When evaluating the schools below, consider how these factors align with your own goals. For instance, a high graduation rate often indicates strong support for students, while lower debt levels can ease the financial burden post-graduation.
Take CUNY Bernard M Baruch College and Babson College as examples. Baruch graduates earn an average of $75,971 with a net price of just $3,033, while Babson's graduates earn significantly more, at $123,938, but face a higher net price of $40,514. This contrast highlights the tradeoff between cost and potential earnings, prompting important questions about your own financial situation and career aspirations.
Key Findings
Graduates from Babson College earn an average of $123,938, the highest in this list.
CUNY Bernard M Baruch College has the lowest net price at $3,033, making it an affordable option.
The average graduation rate across these top programs is 82%, indicating strong student support.
Most graduates from Washington and Lee University have a debt of $19,500, lower than the national average.
Quick Numbers
How We Ranked
Master's programs ranked by graduate earnings, mobility, and program concentration in Business & Marketing
Read our full methodology →Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
CUNY Bernard M Baruch College
New York, NY
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Washington and Lee University
Lexington, VA
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Babson College
Wellesley, MA
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Full Rankings
CUNY Bernard M Baruch College
New York, NY · 16,154 students · Public
Washington and Lee University
Lexington, VA · 1,881 students · Private nonprofit
Babson College
Wellesley, MA · 2,728 students · Private nonprofit
CUNY Brooklyn College
Brooklyn, NY · 10,543 students · Public
Fashion Institute of Technology
New York, NY · 7,637 students · Public
Cornell University
Ithaca, NY · 15,995 students · Private nonprofit
Emory University
Atlanta, GA · 7,298 students · Private nonprofit
University of Georgia
Athens, GA · 32,137 students · Public
University of Notre Dame
Notre Dame, IN · 8,818 students · Private nonprofit
Bentley University
Waltham, MA · 4,474 students · Private nonprofit
University of Richmond
University of Richmond, VA · 2,980 students · Private nonprofit
San Jose State University
San Jose, CA · 27,601 students · Public
Saint Johns University
Collegeville, MN · 1,395 students · Private nonprofit
Boston College
Chestnut Hill, MA · 10,085 students · Private nonprofit
University of Southern California
Los Angeles, CA · 20,443 students · Private nonprofit
Lehigh University
Bethlehem, PA · 5,898 students · Private nonprofit
Trinity University
San Antonio, TX · 2,505 students · Private nonprofit
Ramapo College of New Jersey
Mahwah, NJ · 4,898 students · Public
Santa Clara University
Santa Clara, CA · 6,552 students · Private nonprofit
University of Florida
Gainesville, FL · 35,629 students · Public
Florida International University
Miami, FL · 39,508 students · Public
Brigham Young University-Idaho
Rexburg, ID · 44,397 students · Private nonprofit
Loyola University Maryland
Baltimore, MD · 3,869 students · Private nonprofit
Florida State University
Tallahassee, FL · 32,212 students · Public
Georgia Institute of Technology-Main Campus
Atlanta, GA · 18,785 students · Public
Virginia Polytechnic Institute and State University
Blacksburg, VA · 30,923 students · Public
Georgetown University
Washington, DC · 7,569 students · Private nonprofit
Northeastern University
Boston, MA · 17,326 students · Private nonprofit
Fort Hays State University
Hays, KS · 9,733 students · Public
University of Pennsylvania
Philadelphia, PA · 10,650 students · Private nonprofit
University of North Carolina at Chapel Hill
Chapel Hill, NC · 20,752 students · Public
Wake Forest University
Winston-Salem, NC · 5,485 students · Private nonprofit
San Diego State University
San Diego, CA · 35,377 students · Public
University of San Diego
San Diego, CA · 5,671 students · Private nonprofit
Washington University in St Louis
St. Louis, MO · 7,857 students · Private nonprofit
Texas Christian University
Fort Worth, TX · 11,026 students · Private nonprofit
Florida Atlantic University
Boca Raton, FL · 23,757 students · Public
Brigham Young University
Provo, UT · 32,952 students · Private nonprofit
Saint Peter's University
Jersey City, NJ · 2,135 students · Private nonprofit
Trevecca Nazarene University
Nashville, TN · 1,737 students · Private nonprofit
Rice University
Houston, TX · 4,776 students · Private nonprofit
Carnegie Mellon University
Pittsburgh, PA · 7,304 students · Private nonprofit
University of Denver
Denver, CO · 6,025 students · Private nonprofit
North Park University
Chicago, IL · 1,818 students · Private nonprofit
Boston University
Boston, MA · 18,248 students · Private nonprofit
Wofford College
Spartanburg, SC · 1,816 students · Private nonprofit
State University of New York at Plattsburgh
Plattsburgh, NY · 3,769 students · Public
Villanova University
Villanova, PA · 6,938 students · Private nonprofit
CUNY Lehman College
Bronx, NY · 10,696 students · Public
University of Central Florida
Orlando, FL · 59,146 students · Public
A closer look reveals interesting dynamics among the top schools. For instance, while Babson College boasts the highest average earnings at $123,938, its net price of $40,514 is significantly higher than CUNY Bernard M Baruch College's $3,033. This disparity suggests that while Babson may offer higher earning potential, it also requires a more substantial financial commitment, which could affect students' long-term financial stability.
As you consider your options, think about what matters most to you. Are you willing to take on more debt for the chance of higher earnings? Or would you prefer a more affordable program that still offers solid outcomes? Evaluate each school's metrics against your priorities, such as location, campus culture, and program fit. Finding the right balance will be key to making a decision that aligns with your personal and professional goals.
Ultimately, the data underscores a critical truth: the path from a master's program to a stable life is influenced by both educational choices and financial realities. Each family's situation is unique, but informed decisions based on solid data can lead to more favorable outcomes. With careful consideration and a clear understanding of what these numbers represent, you're better equipped to make a choice that will affect your future.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
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