2023 Most Popular Business Schools in Maine
With all the business programs available today, it can be tough to choose which one is the best for you. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools and bootcamps that offer fast-track entry to many fields.
To assist you in seeing some of the education options that are available to you, Business Degree Central has created its Most Popular Business Schools in Maine ranking. This report analyzed 23 schools in Maine to see which ones were the most popular programs for business students. To create this ranking we looked at how many students graduated from each school on the list.
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Most Popular Business Schools in Maine
Learn more about these popular schools below:
Our 2023 rankings named University of Maine the most popular school in Maine for business students working on their degree. UMaine is located in Orono, Maine and has a fairly large student population. In 2020-2021, this school awarded 516 degrees to qualified students.
On average, students take out $24,711 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $153, assuming you are on a 10-year repayment plan. During the early years of their career, UMaine graduates make an average of $40,242 annually. Around 35% of those degree recipients were women.
Out of the 23 schools in Maine that were part of this year’s ranking, University of Southern Maine landed the # 2 spot on the list. Located in Portland, Maine, the medium-sized public school awarded 345 diplomas to qualifed students in 2020-2021.
Degree recipients from University of Southern Maine accumulate an average of $24,922 in student debt by the time they complete their degree. Once they receive their degree, University of Southern Maine graduates enter the workforce, making an average salary of $42,906 during the early year of their career. Of those students who received their degree, 50% were women.
You’ll be in good company if you decide to attend Husson University. It ranked #3 on our 2023 Most Popular Business Schools in Maine list. Husson is a small private not-for-profit school situated in Bangor, Maine. It awarded 284 degrees in 2020-2021.
Degree recipients from Husson accumulate an average of $28,063 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $204. During the early years of their career, Husson graduates make an average of $48,847 annually. Of those students who received their degree, 50% were women.
You’ll be in good company if you decide to attend Thomas College. It ranked #4 on our 2023 Most Popular Business Schools in Maine list. Thomas College is a private not-for-profit institution located in Waterville, Maine. The school has a small population, and it awarded 115 degrees in 2020-2021.
On average, students take out $25,598 in loans while pursuing their degree. During the early years of their career, Thomas College graduates make an average of $37,918 annually. Around 44% of those degree recipients were women.
You’ll be in good company if you decide to attend Saint Joseph’s College of Maine. It ranked #5 on our 2023 Most Popular Business Schools in Maine list. Located in Standish, Maine, the small private not-for-profit school awarded 89 diplomas to qualifed students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $23,622 in student loans. Those who take out this much in loans have to make a monthly payment of about $582 if they are on a 10-year repayment plan. Once they receive their degree, Saint Joseph’s Maine graduates enter the workforce, making an average salary of $58,620 during the early year of their career. Of those students who received their degree, 43% were women.
With a ranking of #6, Southern Maine Community College did quite well on this year’s most popular schools for business students working. Located in South Portland, Maine, the medium-sized public school handed out 82 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $16,187 in student loans.After graduating from SMCC, students go on to jobs where they make an average of $35,919 during the early years of their career. Around 62% of those degree recipients were women.
Colby College did quite well in this year’s ranking of the most popular places for business students. It came in at #7 on the list. Colby is located in Waterville, Maine and has a small student population. In 2020-2021, this school awarded 74 degrees to qualified students.
Once they receive their degree, Colby graduates enter the workforce, making an average salary of $45,726 during the early year of their career. Of those students who received their degree, 28% were women.
Bowdoin College ranked #8 on this year’s Most Popular Business Schools in Maine list. Bowdoin is a private not-for-profit institution located in Brunswick, Maine. The school has a small population, and it awarded 72 degrees in 2020-2021.
Those who take out this much in loans have to make a monthly payment of about $450 if they are on a 10-year repayment plan.After graduating from Bowdoin, students go on to jobs where they make an average of $46,246 during the early years of their career. Around 22% of those degree recipients were women.
University of Maine at Presque Isle ranked #9 on this year’s Most Popular Business Schools in Maine list. Located in Presque Isle, Maine, the small public school handed out 71 degrees in 2020-2021.
On average, students take out $24,100 in loans while pursuing their degree. Once they receive their degree, UMPI graduates enter the workforce, making an average salary of $37,478 during the early year of their career. Of those students who received their degree, 62% were women.
Central Maine Community College ranked #10 on this year’s Most Popular Business Schools in Maine list. Central Maine Technical College is located in Auburn, Maine and has a small student population. In 2020-2021, this school awarded 65 degrees to qualified students.
By the time they get their degree, students from this school have racked up an average of $17,306 in student loans.After graduating from Central Maine Technical College, students go on to jobs where they make an average of $37,625 during the early years of their career. Of those students who received their degree, 52% were women.
With a ranking of #11, University of Maine at Augusta did quite well on this year’s most popular schools for business students working. UMA is located in Augusta, Maine and has a small student population. In 2020-2021, this school awarded 63 degrees to qualified students.
On average, students take out $28,948 in loans while pursuing their degree.After graduating from UMA, students go on to jobs where they make an average of $36,249 during the early years of their career. Around 73% of those degree recipients were women.
Eastern Maine Community College ranked #12 on this year’s Most Popular Business Schools in Maine list. Eastern Maine Community College is a small public school situated in Bangor, Maine. It awarded 57 degrees in 2020-2021.
Degree recipients from Eastern Maine Community College accumulate an average of $18,881 in student debt by the time they complete their degree.After graduating from Eastern Maine Community College, students go on to jobs where they make an average of $40,182 during the early years of their career. Around 56% of those degree recipients were women.
Bates College came in at #13 in this year’s edition of the Most Popular Business Schools in Maine ranking. Bates is located in Lewiston, Maine and has a small student population. In 2020-2021, this school awarded 54 degrees to qualified students.
On average, students take out $11,824 in loans while pursuing their degree. During the early years of their career, Bates graduates make an average of $39,698 annually. Around 28% of those degree recipients were women.
York County Community College did quite well in this year’s ranking of the most popular places for business students. It came in at #14 on the list. York County Community College is located in Wells, Maine and has a small student population. In 2020-2021, this school awarded 42 degrees to qualified students.
On average, students take out $14,085 in loans while pursuing their degree. During the early years of their career, York County Community College graduates make an average of $29,096 annually. Around 69% of those degree recipients were women.
University of Maine at Farmington came in at #15 in this year’s edition of the Most Popular Business Schools in Maine ranking. Located in Farmington, Maine, the small public school handed out 38 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $24,480 in student loans. Once they receive their degree, UMaine Farmington graduates enter the workforce, making an average salary of $32,570 during the early year of their career. Around 39% of those degree recipients were women.
University of New England did quite well in this year’s ranking of the most popular places for business students. It came in at #16 on the list. Located in Biddeford, Maine, the medium-sized private not-for-profit school awarded 34 diplomas to qualifed students in 2020-2021.
Degree recipients from UNE accumulate an average of $26,205 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $493 if they are on a 10-year repayment plan.After graduating from UNE, students go on to jobs where they make an average of $61,270 during the early years of their career. Around 21% of those degree recipients were women.
Maine Maritime Academy ranked #17 on this year’s Most Popular Business Schools in Maine list. Located in Castine, Maine, the very small public school handed out 31 degrees in 2020-2021.
On average, students take out $27,438 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $634.After graduating from Maine Maritime, students go on to jobs where they make an average of $71,483 during the early years of their career. Around 45% of those degree recipients were women.
Kennebec Valley Community College landed the #18 spot in the 2023 rankings for the most popular business programs. Located in Fairfield, Maine, the small public school awarded 24 diplomas to qualifed students in 2020-2021.
Degree recipients from Kennebec Valley Community College accumulate an average of $16,107 in student debt by the time they complete their degree. Around 71% of those degree recipients were women.
Northern Maine Community College did quite well in this year’s ranking of the most popular places for business students. It came in at #19 on the list. Located in Presque Isle, Maine, the very small public school handed out 19 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $15,253 in student loans.After graduating from Northern Maine Community College, students go on to jobs where they make an average of $35,991 during the early years of their career. Of those students who received their degree, 74% were women.
University of Maine at Fort Kent came in at #20 in this year’s edition of the Most Popular Business Schools in Maine ranking. Fort Kent, Maine is the setting for this small institution of higher learning. The public school handed out degrees to 13 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $31,832 in student loans.After graduating from UMFK, students go on to jobs where they make an average of $61,135 during the early years of their career. Of those students who received their degree, 38% were women.
Washington County Community College landed the #21 spot in the 2023 rankings for the most popular business programs. Washington County Community College is a very small public school situated in Calais, Maine. It awarded 2 degrees in 2020-2021.
Around 100% of those degree recipients were women.
Beal College landed the #21 spot in the 2023 rankings for the most popular business programs. Bangor, Maine is the setting for this very small institution of higher learning. The private for-profit school handed out degrees to 2 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $19,603 in student loans. During the early years of their career, Beal College graduates make an average of $35,440 annually.
Unity College came in at #23 in this year’s edition of the Most Popular Business Schools in Maine ranking. Unity is a private not-for-profit institution located in Unity, Maine. The school has a small population, and it awarded 1 degrees in 2020-2021.
Degree recipients from Unity accumulate an average of $26,633 in student debt by the time they complete their degree. Those who take out this much in loans have to make a monthly payment of about $447 if they are on a 10-year repayment plan. During the early years of their career, Unity graduates make an average of $25,195 annually.
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Notes and References
Footnotes
*These averages are for the top 23 schools only.
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
More about our data sources and methodologies.
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