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
Learn more about these popular schools below:
Our 2023 rankings named Boston University the most popular school in Massachusetts for business students working on their degree. Boston University is a large private not-for-profit school located in Boston, Massachusetts that handed out 2,669 degrees in 2020-2021.
On average, students take out $22,561 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $630.After graduating from Boston U, students go on to jobs where they make an average of $55,473 during the early years 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. Cambridge, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out degrees to 2,411 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $26,098 in student loans. Once they receive their degree, Harvard graduates enter the workforce, making an average salary of $78,371 during the early year of their career. Around 45% of those degree recipients were women.
A rank of #3 on this year’s list means University of Massachusetts Amherst is a great place for business students. Amherst, Massachusetts is the setting for this large institution of higher learning. The public school handed out degrees to 2,245 students in 2020-2021.
On average, students take out $23,018 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $288. During the early years of their career, UMass Amherst graduates make an average of $47,385 annually. Of those students who received their degree, 42% were women.
You’ll be in good company if you decide to attend Boston College. It ranked #4 on our 2023 Most Popular Business Schools in Massachusetts list. Chestnut Hill, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out degrees to 1,632 students in 2020-2021.
Degree recipients from Boston College accumulate an average of $15,477 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 $639. 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. Of those students who received their degree, 36% 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. This large private not-for-profit school is located in Boston, Massachusetts, 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. For those students on a 10-year repayment plan, the average payment due each month is around $462. During the early years of their career, Northeastern graduates make an average of $63,894 annually. Around 47% of those degree recipients were women.
Bentley University ranked #6 on this year’s Most Popular Business Schools in Massachusetts list. Located in Waltham, Massachusetts, the medium-sized private not-for-profit school handed out 1,343 degrees in 2020-2021.
On average, students take out $22,628 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $529 if they are on a 10-year repayment plan.After graduating from Bentley, students go on to jobs where they make an average of $70,654 during the early years of their career. Of those students who received their degree, 44% 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 a small private not-for-profit school situated in Cambridge, Massachusetts. It awarded 1,339 degrees in 2020-2021.
After graduating from Hult International Business School, students go on to jobs where they make an average of $47,998 during the early years of their career. Of those students who received their degree, 44% were women.
University of Massachusetts - Lowell did quite well in this year’s ranking of the most popular places for business students. It came in at #8 on the list. 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. For those students on a 10-year repayment plan, the average payment due each month is around $171.After graduating from UMass Lowell, students go on to jobs where they make an average of $56,705 during the early years of their career. Of those students who received their degree, 37% were women.
Babson College ranked #9 on this year’s Most Popular Business Schools in Massachusetts list. Located in Wellesley, Massachusetts, the small private not-for-profit school awarded 1,041 diplomas to qualifed students in 2020-2021.
On average, students take out $21,786 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $440, assuming you are on a 10-year repayment plan. 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. Around 47% of those degree recipients were women.
Suffolk University ranked #10 on this year’s Most Popular Business Schools in Massachusetts list. Suffolk is a private not-for-profit institution located in Boston, Massachusetts. The school has a medium-sized population, and it awarded 1,000 degrees in 2020-2021.
On average, students take out $25,166 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $414 if they 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.
With a ranking of #11, Northeastern University Professional Advancement Network did quite well on this year’s most popular schools for business students working. Northeastern University Professional Advancement Network is a private not-for-profit institution located in Boston, Massachusetts. The school has a fairly large population, and it awarded 989 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $26,193 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $476, assuming you 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.
Read full report on Northeastern University Professional Advancement Network
Massachusetts Institute of Technology landed the #12 spot in the 2023 rankings for the most popular business programs. Located in Cambridge, Massachusetts, the fairly large private not-for-profit school handed out 873 degrees in 2020-2021.
On average, students take out $12,518 in loans while pursuing 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. Once they receive their degree, MIT graduates enter the workforce, making an average salary of $94,282 during the early year of their career. Of those students who received their degree, 38% were women.
University of Massachusetts - Boston landed the #13 spot in the 2023 rankings for the most popular business programs. Boston, Massachusetts is the setting for this fairly large institution of higher learning. The public school handed out degrees to 800 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $26,776 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $77, assuming you are on a 10-year repayment plan. During the early years of their career, UMass Boston graduates make an average of $48,855 annually. Around 46% of those degree recipients were women.
Brandeis University landed the #14 spot in the 2023 rankings for the most popular business programs. Waltham, Massachusetts is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out degrees to 645 students 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. Around 53% of those degree recipients were women.
University of Massachusetts - Dartmouth did quite well in this year’s ranking of the most popular places for business students. It came in at #15 on the list. Located in North Dartmouth, Massachusetts, the medium-sized public school awarded 600 diplomas to qualifed students 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. Once they receive their degree, UMass Dartmouth graduates enter the workforce, making an average salary of $47,962 during the early year of their career. Of those students who received their degree, 40% were women.
With a ranking of #16, Fitchburg State University did quite well on this year’s most popular schools for business students working. This medium-sized public school is located in Fitchburg, Massachusetts, and it awarded 543 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $25,315 in student loans. Those who take out this much in loans have to make a monthly payment of about $130 if they are on a 10-year repayment plan. 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.
Bridgewater State University landed the #17 spot in the 2023 rankings for the most popular business programs. Bridgewater State is a medium-sized public school situated in Bridgewater, Massachusetts. It awarded 448 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $26,016 in student loans. 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. Of those students who received their degree, 40% were women.
Nichols College landed the #18 spot in the 2023 rankings for the most popular business programs. Dudley, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out degrees to 384 students in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $25,603 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $456, assuming you 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. Around 46% of those degree recipients were women.
Western New England University ranked #19 on this year’s Most Popular Business Schools in Massachusetts list. Western New England is located in Springfield, Massachusetts and has a small student population. In 2020-2021, this school awarded 381 degrees to qualified students.
By the time they get their degree, students from this school have racked up an average of $23,926 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $443. During the early years of their career, Western New England graduates make an average of $60,227 annually. Around 33% of those degree recipients were women.
Merrimack College landed the #20 spot in the 2023 rankings for the most popular business programs. Merrimack is a private not-for-profit institution located in North Andover, Massachusetts. The school has a medium-sized population, 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. For those students on a 10-year repayment plan, the average payment due each month is around $607. During the early years of their career, Merrimack graduates make an average of $45,897 annually. Of those students who received their degree, 42% were women.
With a ranking of #21, Salem State University did quite well on this year’s most popular schools for business students working. This medium-sized public school is located in Salem, Massachusetts, and it awarded 354 degrees in 2020-2021.
By the time they get their degree, students from this school have racked up an average of $26,367 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $202. During the early years of their career, Salem State graduates make an average of $43,394 annually. 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 located in Boston, Massachusetts and has a small student population. In 2020-2021, this school awarded 321 degrees to qualified students.
On average, students take out $29,824 in loans while pursuing their degree. 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. Around 60% of those degree recipients were women.
Endicott College landed the #23 spot in the 2023 rankings for the most popular business programs. Endicott is located in Beverly, Massachusetts and has a small student population. In 2020-2021, this school awarded 320 degrees to qualified students.
Degree recipients from Endicott accumulate an average of $21,255 in student debt by the time they complete 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. Of those students who received their degree, 45% were women.
Tufts University landed the #24 spot in the 2023 rankings for the most popular business programs. Located in Medford, Massachusetts, the fairly large private not-for-profit school awarded 313 diplomas to qualifed 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. For those students on a 10-year repayment plan, the average payment due each month is around $704. 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 came in at #25 in this year’s edition of the Most Popular Business Schools in Massachusetts ranking. Worcester, Massachusetts is the setting for this small institution of higher learning. The private not-for-profit school handed out degrees to 296 students 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. If you borrow this amount, expect your monthly student loan payment to be around $207, assuming you are on a 10-year repayment plan. 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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