2023 Most Popular Business Schools in Massachusetts
With all the business programs available today, it can be tough to choose which one is the best for you. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools and bootcamps that offer short-term programs that open up more career options.
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 Massachusetts ranking. This report analyzed 83 schools in Massachusetts 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 Massachusetts
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Our analysis found Boston University to be the most popular school for business students in Massachusetts. Boston U is a private not-for-profit institution located in Boston, Massachusetts. The school has a large population, and it awarded 2,669 degrees in 2020-2021.
On average, students take out $22,561 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $630 if they are on a 10-year repayment plan. Once they receive their degree, Boston U graduates enter the workforce, making an average salary of $55,473 during the early year of their career. Around 52% of those degree recipients were women.
The programs at Harvard University helped the school earn the #2 place on this year’s ranking of the most popular business schools in Massachusetts. Harvard is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a large population, and it awarded 2,411 degrees in 2020-2021.
Degree recipients from Harvard accumulate an average of $26,098 in student debt by the time they complete their degree. During the early years of their career, Harvard graduates make an average of $78,371 annually. Of those students who received their degree, 45% were women.
The programs at University of Massachusetts Amherst helped the school earn the #3 place on this year’s ranking of the most popular business schools in Massachusetts. UMass Amherst is located in Amherst, Massachusetts and has a large student population. In 2020-2021, this school awarded 2,245 degrees to qualified students.
By the time they get their degree, students from this school have racked up an average of $23,018 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $288.After graduating from UMass Amherst, students go on to jobs where they make an average of $47,385 during the early years of their career. Of those students who received their degree, 42% were women.
You’ll be in good company if you attend Boston College. The school came in at #4 on this year’s Most Popular Business Schools in Massachusetts list. Boston College is located in Chestnut Hill, Massachusetts and has a fairly large student population. In 2020-2021, this school awarded 1,632 degrees to qualified students.
By the time they get their degree, students from this school have racked up an average of $15,477 in student loans. Those who take out this much in loans have to make a monthly payment of about $639 if they are on a 10-year repayment plan. Once they receive their degree, Boston College graduates enter the workforce, making an average salary of $57,535 during the early year of their career. Around 36% of those degree recipients were women.
Out of the 83 schools in Massachusetts that were part of this year’s ranking, Northeastern University landed the # 5 spot on the list. Northeastern is a private not-for-profit institution located in Boston, Massachusetts. The school has a large population, and it awarded 1,487 degrees in 2020-2021.
Degree recipients from Northeastern accumulate an average of $25,731 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $462, assuming you are on a 10-year repayment plan. During the early years of their career, Northeastern graduates make an average of $63,894 annually. Of those students who received their degree, 47% were women.
Bentley University did quite well in this year’s ranking of the most popular places for business students. It came in at #6 on the list. Bentley University is a medium-sized private not-for-profit school located in Waltham, Massachusetts that handed out 1,343 degrees in 2020-2021.
On average, students take out $22,628 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $529. Once they receive their degree, Bentley graduates enter the workforce, making an average salary of $70,654 during the early year of their career. Around 44% of those degree recipients were women.
Hult International Business School did quite well in this year’s ranking of the most popular places for business students. It came in at #7 on the list. Hult International Business School is located in Cambridge, Massachusetts and has a small student population. In 2020-2021, this school awarded 1,339 degrees to qualified students.
During the early years of their career, Hult International Business School graduates make an average of $47,998 annually. Around 44% of those degree recipients were women.
With a ranking of #8, University of Massachusetts - Lowell did quite well on this year’s most popular schools for business students working. Located in Lowell, Massachusetts, the fairly large public school handed out 1,116 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $26,600 in student loans. Those who take out this much in loans have to make a monthly payment of about $171 if they are on a 10-year repayment plan. During the early years of their career, UMass Lowell graduates make an average of $56,705 annually. Around 37% of those degree recipients were women.
With a ranking of #9, Babson College did quite well on this year’s most popular schools for business students working. Babson College is a private not-for-profit institution located in Wellesley, Massachusetts. The school has a small population, and it awarded 1,041 degrees in 2020-2021.
Degree recipients from Babson College accumulate an average of $21,786 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 $440. Once they receive their degree, Babson College graduates enter the workforce, making an average salary of $80,322 during the early year of their career. Of those students who received their degree, 47% were women.
Suffolk University landed the #10 spot in the 2023 rankings for the most popular business programs. Located in Boston, Massachusetts, the medium-sized private not-for-profit school awarded 1,000 diplomas to qualifed students in 2020-2021.
On average, students take out $25,166 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $414, assuming you are on a 10-year repayment plan. Once they receive their degree, Suffolk graduates enter the workforce, making an average salary of $51,597 during the early year of their career. Of those students who received their degree, 49% were women.
Northeastern University Professional Advancement Network ranked #11 on this year’s Most Popular Business Schools in Massachusetts list. Located in Boston, Massachusetts, the fairly large private not-for-profit school handed out 989 degrees in 2020-2021.
On average, students take out $26,193 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $476 if they are on a 10-year repayment plan. Once they receive their degree, Northeastern University Professional Advancement Network graduates enter the workforce, making an average salary of $63,021 during the early year of their career. Of those students who received their degree, 49% were women.
With a ranking of #12, Massachusetts Institute of Technology did quite well on this year’s most popular schools for business students working. This fairly large private not-for-profit school is located in Cambridge, Massachusetts, and it awarded 873 degrees in 2020-2021.
Degree recipients from MIT accumulate an average of $12,518 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 $627 if they are on a 10-year repayment plan.After graduating from MIT, students go on to jobs where they make an average of $94,282 during the early years of their career. Of those students who received their degree, 38% were women.
University of Massachusetts - Boston ranked #13 on this year’s Most Popular Business Schools in Massachusetts list. Located in Boston, Massachusetts, the fairly large public school awarded 800 diplomas to qualifed students in 2020-2021.
Degree recipients from UMass Boston accumulate an average of $26,776 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $77, assuming you are on a 10-year repayment plan.After graduating from UMass Boston, students go on to jobs where they make an average of $48,855 during the early years of their career. Around 46% of those degree recipients were women.
Brandeis University came in at #14 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Brandeis is a private not-for-profit institution located in Waltham, Massachusetts. The school has a medium-sized population, and it awarded 645 degrees in 2020-2021.
If you borrow this amount, expect your monthly student loan payment to be around $731, assuming you are on a 10-year repayment plan. Once they receive their degree, Brandeis graduates enter the workforce, making an average salary of $45,920 during the early year of their career. Of those students who received their degree, 53% were women.
University of Massachusetts - Dartmouth came in at #15 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Located in North Dartmouth, Massachusetts, the medium-sized public school handed out 600 degrees in 2020-2021.
On average, students take out $26,727 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $198. During the early years of their career, UMass Dartmouth graduates make an average of $47,962 annually. Around 40% of those degree recipients were women.
Fitchburg State University landed the #16 spot in the 2023 rankings for the most popular business programs. This medium-sized public school is located in Fitchburg, Massachusetts, and it awarded 543 degrees in 2020-2021.
On average, students take out $25,315 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $130. During the early years of their career, Fitchburg State graduates make an average of $41,148 annually. Of those students who received their degree, 50% were women.
With a ranking of #17, Bridgewater State University did quite well on this year’s most popular schools for business students working. This medium-sized public school is located in Bridgewater, Massachusetts, and it awarded 448 degrees in 2020-2021.
On average, students take out $26,016 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $156 if they are on a 10-year repayment plan.After graduating from Bridgewater State, students go on to jobs where they make an average of $41,480 during the early years of their career. Around 40% of those degree recipients were women.
Nichols College came in at #18 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Nichols is a private not-for-profit institution located in Dudley, Massachusetts. The school has a small population, and it awarded 384 degrees in 2020-2021.
On average, students take out $25,603 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $456 if they are on a 10-year repayment plan. Once they receive their degree, Nichols graduates enter the workforce, making an average salary of $46,273 during the early year of their career. Of those students who received their degree, 46% were women.
With a ranking of #19, Western New England University did quite well on this year’s most popular schools for business students working. Located in Springfield, Massachusetts, the small private not-for-profit school handed out 381 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $23,926 in student loans. Those who take out this much in loans have to make a monthly payment of about $443 if they are on a 10-year repayment plan. Once they receive their degree, Western New England graduates enter the workforce, making an average salary of $60,227 during the early year of their career. Around 33% of those degree recipients were women.
Merrimack College came in at #20 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. This medium-sized private not-for-profit school is located in North Andover, Massachusetts, and it awarded 370 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $23,211 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $607, assuming you are on a 10-year repayment plan. Once they receive their degree, Merrimack graduates enter the workforce, making an average salary of $45,897 during the early year of their career. Of those students who received their degree, 42% were women.
Salem State University came in at #21 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Located in Salem, Massachusetts, the medium-sized public school handed out 354 degrees in 2020-2021.
On average, students take out $26,367 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $202 if they are on a 10-year repayment plan.After graduating from Salem State, students go on to jobs where they make an average of $43,394 during the early years of their career. Of those students who received their degree, 48% were women.
With a ranking of #22, Cambridge College did quite well on this year’s most popular schools for business students working. Cambridge College is a small private not-for-profit school situated in Boston, Massachusetts. It awarded 321 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $29,824 in student loans. Once they receive their degree, Cambridge College graduates enter the workforce, making an average salary of $48,967 during the early year of their career. Of those students who received their degree, 60% were women.
Endicott College came in at #23 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Endicott is a private not-for-profit institution located in Beverly, Massachusetts. The school has a small population, and it awarded 320 degrees in 2020-2021.
On average, students take out $21,255 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $470, assuming you are on a 10-year repayment plan. During the early years of their career, Endicott graduates make an average of $52,248 annually. Around 45% of those degree recipients were women.
Tufts University came in at #24 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Medford, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out degrees to 313 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $15,823 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $704, assuming you are on a 10-year repayment plan. Once they receive their degree, Tufts graduates enter the workforce, making an average salary of $58,524 during the early year of their career. Around 38% of those degree recipients were women.
Clark University ranked #25 on this year’s Most Popular Business Schools in Massachusetts list. Located in Worcester, Massachusetts, the small private not-for-profit school handed out 296 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $23,614 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $207. During the early years of their career, Clark graduates make an average of $39,056 annually. Around 46% of those degree recipients were women.
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Notes and References
Footnotes
*These averages are for the top 25 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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