The Best MBA Schools in Maine – Online, Fast, and Affordable Programs

Maine’s economy is supported by industries such as healthcare, finance, renewable energy, and tourism. With major employers like IDEXX Laboratories, MaineHealth, and L.L.Bean, Maine professionals have numerous career advancement opportunities. Earning an online Master of Business Administration from an accredited business school in Maine equips individuals with leadership, strategic thinking, and financial management skills to excel in these expanding fields.

According to the Maine Department of Economic and Community Development, business and financial operations are among the fastest-growing employment sectors in the state, making an MBA a valuable investment. Maine’s affordable cost of living and access to high-quality education create an ideal environment for working professionals seeking career growth through an MBA.

Online MBA programs in Maine offer flexibility. Students can specialize in areas such as business analytics, healthcare management, and finance while maintaining full-time employment.

Maine MBA Schools, Programs and Tuition Snapshot

MetricDetails
Total Programs3
Average Tuition Range$20,000 – $40,000
Online Availability1 fully online option
Most Popular SpecialtiesFinance, Management, Sustainability
Top-Ranked SchoolUniversity of Maine (Maine Business School)
Projected Job GrowthSlightly Positive

Disclaimer: The information provided in this table is for general guidance only and is based on publicly available data and projections. Tuition costs, program availability, and job growth rates can change over time. We encourage prospective students to conduct their own research, verify details directly with universities, and consult official sources before making any educational or career decisions.

2025 – Best Online Master of Business Administration Degree Programs in Maine

An online MBA from a Maine university equips students with leadership, problem-solving, and strategic decision-making skills. These programs offer flexible learning formats and industry-relevant curricula tailored for professionals seeking career advancement.

Maine universities emphasize faculty mentorship, networking opportunities, and career support services. Whether pursuing a general MBA or a specialized concentration in sustainable business, public administration, or global business, students can find programs aligned with their career goals.

Choosing the right online MBA program requires evaluating accreditation, faculty expertise, and industry connections. Maine’s universities offer well-respected programs to prepare graduates for leadership roles across multiple sectors.

Learn more about our methodology

#1

University of Maine

Orono, ME - Public 4-Year - umaine.edu

Master's - MaineMBA

Concentration: Public and Nonprofit Management - Online & Campus Based - Visit Website

The University of Maine's MaineMBA in Public and Nonprofit Management provides a comprehensive 100% online STEM-designated program for emerging leaders in government and community service sectors. Designed for working professionals, this 33-credit hybrid program uniquely combines strategic leadership training with specialized nonprofit management expertise. Students explore organizational challenges through advanced business skills, completing eight core MBA courses and mandatory nonprofit coursework. The flexible curriculum offers foundation courses and prerequisite options, enabling professionals to advance their careers in public sector management with strategic insights and practical knowledge.

  • 100% online modality
  • 33 total credit hours
  • STEM-designated degree
  • Collaboration with Muskie School
  • 8 core MBA courses required
  • 1 mandatory nonprofit course
  • 2 elective nonprofit courses
  • Foundation courses available
  • Flexible prerequisite options

Master's - MaineMBA

Concentration: Accounting - Online & Campus Based - Visit Website

University of Maine's MaineMBA in Accounting offers a strategic 100% online pathway for professionals targeting CPA certification. This STEM-designated 33-credit program blends rigorous core business principles with specialized accounting electives, enabling students to develop advanced financial analysis skills. Tailored for career advancement, the curriculum includes eight core MBA courses and three targeted accounting electives. The flexible, hybrid format accommodates working professionals, providing non-credit prerequisites and a comprehensive approach to mastering contemporary accounting technologies and strategic decision-making techniques.

  • 100% online MBA program
  • 33 total credit hours
  • STEM-designated degree
  • 8 core MBA courses
  • 3 accounting electives
  • CPA pathway program
  • Flexible foundation courses
  • Career-advancing curriculum
  • Non-credit prerequisites available

Master's - MaineMBA

Concentration: Finance - Online Learning - Visit Website

The MaineMBA in Finance at the University of Maine delivers a cutting-edge 100% online STEM-designated program for financial professionals. Spanning 33 credit hours, this strategic curriculum equips students with advanced quantitative tools and comprehensive financial knowledge. Eight core business courses complemented by three finance-focused electives prepare graduates for high-impact roles in banking, investment analysis, and financial management. The flexible, self-paced format includes foundation courses and prerequisite reviews, enabling working professionals to enhance their financial expertise and pursue innovative career opportunities in the dynamic financial sector.

  • 100% Online MBA Program
  • STEM-Designated Degree
  • 33 Total Credit Hours
  • 8 Core Curriculum Courses
  • 3 Finance Elective Courses
  • Foundation Courses Available
  • Flexible Prerequisites Review
  • Self-Paced Foundation Options

Master's - MaineMBA in Healthcare Systems

Online & Campus Based - Visit Website

University of Maine's MaineMBA in Healthcare Systems provides a transformative 100% online hybrid program designed for aspiring healthcare leaders. Developed in partnership with the Muskie School of Public Service, this STEM-designated degree combines 24 core MBA credits with 9 specialized healthcare concentration hours. The curriculum prepares professionals for diverse roles like hospital administration and medical technology management. Featuring flexible foundation courses and a working professional-friendly approach, students gain comprehensive insights into healthcare innovation, organizational leadership, and strategic management within the complex healthcare ecosystem.

  • 100% Online Program
  • MBA Core: 24 Credit Hours
  • Healthcare Concentration: 9 Credit Hours
  • STEM-Designated Degree
  • Partnership with Muskie School
  • Flexible Foundation Courses
  • Prepares Healthcare Leaders
  • Career Paths: Hospital CEO, Administrator
  • Self-Paced Prerequisites
  • Working Professional Friendly

Master's - MBA

Concentration: Sustainability - Online & Campus Based - Visit Website

The University of Maine's MaineMBA in Sustainability offers a pioneering 100% online STEM-designated program for environmentally conscious business professionals. This comprehensive hybrid curriculum integrates 24 core business credits with 9 sustainability-focused electives, empowering students to drive responsible organizational growth. Through interdisciplinary coursework, students develop strategic skills in sustainable community development, policy analysis, and ethical business practices. The flexible format includes foundation courses and non-credit prerequisites, positioning graduates as innovative leaders capable of implementing transformative green business strategies across diverse industries.

  • 100% Online MBA Program
  • STEM-designated Degree
  • 24 Core + 9 Concentration Hours
  • Multiple Sustainability Electives
  • Foundation Courses Available
  • Non-credit Prerequisites Option
  • Interdisciplinary Course Selection
  • Comprehensive Business Curriculum

Master's - MaineMBA

Concentration: General Management - Online & Campus Based - Visit Website

University of Maine's MaineMBA in General Management delivers a comprehensive 30-credit 100% online STEM-designated program for emerging business leaders. The asynchronous hybrid format accommodates working professionals, offering flexible learning with a competitive $650 per credit hour rate. With no work experience requirement, students complete eight core courses across thirteen interdisciplinary concentrations. The program emphasizes advanced analytical and critical thinking skills, with graduates averaging $87,535 annually. Applicants must submit GMAT, GRE, or alternative entrance exam scores, ensuring a rigorous and strategic approach to business education.

  • 30-credit General Management MBA
  • 100% online asynchronous format
  • STEM-designated program
  • Average completion: 20 months
  • $650 per credit hour
  • No work experience required
  • GMAT/GRE/other exam needed
  • 8 core required courses
  • 13 interdisciplinary concentrations
  • Average salary: $87,535

Master's - Dual MaineMBA and JD

Online & Campus Based - Visit Website

The University of Maine's innovative Dual MaineMBA and JD program provides a unique hybrid pathway for professionals seeking comprehensive legal and business expertise. Integrating 30 MBA and 90 JD credits, the program strategically reduces total credits through shared coursework. Admission requires a bachelor's degree, LSAT scores, and foundational business courses. International students must demonstrate English proficiency via TOEFL or IELTS. This military-friendly program prepares graduates for complex roles bridging law and business, offering a competitive edge through interdisciplinary training and strategic career development opportunities.

  • Hybrid program format.
  • 30 MBA credits required.
  • 90 JD credits required.
  • Shared courses reduce total credits.
  • Bachelor's degree required for admission.
  • LSAT scores needed.
  • Foundational business courses prerequisite.
  • TOEFL/IELTS for international students.
  • Prepares for legal and business sectors.
  • Competitive edge in job market.

Master's - MaineMBA & M.S. Information Systems

Online & Campus Based - Visit Website

University of Maine's Dual MaineMBA and M.S. in Information Systems offers a cutting-edge hybrid program designed for technology-driven business professionals. Completed in just 45 credit hours, this innovative degree combines strategic data analysis, financial management, and human-computer interaction skills. Admission requires a bachelor's degree with a 3.0 GPA, GMAT scores, and foundational business coursework. International students must meet additional English proficiency requirements. The program provides a comprehensive approach to bridging business and technology, preparing graduates for dynamic roles that demand advanced technological and managerial competencies.

  • Dual degree in 45 credit hours.
  • Hybrid program format.
  • Covers strategic data analysis.
  • Includes financial management.
  • Focuses on human-computer interaction.
  • Requires bachelor's degree.
  • 3.0 GPA minimum.
  • GMAT scores needed.
  • Foundational coursework required.
  • English proficiency for internationals.
Show 7 More Programs ˅
#2

Husson University

Bangor, ME - Private 4-year - husson.edu

Master's - Master of Business Administration

Concentration: Entrepreneurship & Small Business Management - Online & Campus Based - Visit Website

Husson University's MBA in Entrepreneurship & Small Business Management is a hybrid program designed for future business leaders aiming to master the art of starting and managing small businesses. With a focus on practical skills like opportunity recognition and venture development, the program offers 51 credit hours, including seven specialized entrepreneurship classes. It emphasizes strategic management, marketing, and leadership, preparing students for the challenges of the entrepreneurial world. No entrance exam is mentioned, making it accessible for aspiring entrepreneurs ready to dive into business innovation and intrapreneurship strategies.

  • 51 total credit hours
  • Concentration in Small Business Management
  • Seven specialized entrepreneurship classes
  • Covers business innovation topics
  • Practical new venture development
  • Opportunity recognition focus
  • Learn intrapreneurship strategies
  • Graduate-level business courses
  • Strategic management emphasis
  • Marketing and leadership training

Master's - Master of Business Administration

Concentration: Healthcare Management - Online Learning - Visit Website

The online MBA in Healthcare Management at Husson University is tailored for professionals seeking to lead in the healthcare sector. This program combines business acumen with healthcare-specific management skills, covering planning, directing, and coordinating health services. It's ideal for those aiming for leadership roles in both large and small healthcare facilities, with the flexibility of online learning. The program highlights the growing opportunities in healthcare administration and does not mention an entrance exam requirement, offering a pathway for career advancement in this dynamic industry.

  • MBA with Healthcare Management Concentration
  • Prepares for Healthcare Leadership Roles
  • Comprehensive Business and Management Skills
  • Suitable for Large and Small Healthcare Facilities
  • Growing Industry Opportunities

Master's - Master of Business Administration

Concentration: General/Corporate - Online & Campus Based - Visit Website

Husson University offers a hybrid MBA in General/Corporate for professionals aiming to enhance their strategic planning, financial management, and leadership skills. This program addresses current business concerns, legal and financial issues, and team coordination, preparing graduates for diverse business environments. With a focus on solving management problems and enhancing communication abilities, it's designed for those looking to advance their careers in various business settings. The hybrid format combines online and in-person learning, and the program does not specify an entrance exam requirement, making it accessible for busy professionals.

  • Prepares business leaders
  • Focuses on current business concerns
  • Covers legal/financial issues
  • Develops strategic planning skills
  • Enhances communication abilities
  • Solves management problems
  • Coordinates diverse teams
Show 2 More Programs ˅
#3

University of Southern Maine

Portland, ME - Public 4-Year - usm.maine.edu

Master's - Cybersecurity, M.S.

Online Learning - Visit Website

The University of Southern Maine's online M.S. in Cybersecurity is designed for professionals aiming to lead in the digital security domain. This 30-credit program, a collaboration with the University of Maine at Augusta, equips students with the skills to address modern cybersecurity threats through a curriculum that spans network security, cyber laws, and investigative methods. Offering both thesis and capstone options, it caters to diverse career aspirations without requiring an entrance exam. Recognized for its military-friendly approach, the program stands out for its flexibility and comprehensive coverage of cybersecurity essentials.

  • Online master's degree in cutting-edge cybersecurity field
  • Flexible thesis or capstone project options
  • 30-credit comprehensive cybersecurity curriculum
#4

Thomas College

Waterville, ME - Private 4-year - thomas.edu

Master's - Human Resource Management MBA

Online Learning - Visit Website

Thomas College offers an online MBA in Human Resource Management tailored for professionals aiming to excel in strategic HR roles. This 36-credit hour program is entirely online, aligning with SHRM standards to prepare students for SHRM-CP certification. The curriculum focuses on leadership development and HR management, offering a career-focused approach to tackle modern workplace challenges. No entrance exam is required, making it accessible for working professionals seeking advancement in the HR field.

  • 36 total credit hours
  • 100% online program
  • SHRM curriculum aligned
  • Career-focused curriculum
  • Leadership development focus
  • Key courses in HR management
  • Potential SHRM-CP certification prep

Master's - Project Management MBA

Online Learning - Visit Website

The online MBA in Project Management at Thomas College is designed for professionals seeking leadership roles in this high-demand field. With a curriculum that includes 36 credit hours, the program is fully online and prepares students for the PMP exam, highlighting a median field salary of $89,000. It emphasizes practical project management skills and leadership development, offering networking opportunities and leveraging over a century of academic excellence. No entrance exam is needed, catering to those aiming for career growth in diverse industries.

  • 36 credit hours total
  • 100% Online Program
  • Median field salary $89,000
  • Career-focused curriculum
  • Leadership development focus
  • Key courses in project management
  • Networking event opportunities
  • PMP exam preparation resources
  • Over 100 years academic experience
Show 1 More Programs ˅
#5

Unity Environmental University

New Gloucester, ME - Private 4-year - unity.edu

Master's - Sustainable MBA

Online Learning - Visit Website

Unity Environmental University offers a Sustainable MBA program entirely online, tailored for professionals aiming to merge business acumen with environmental stewardship. This program stands out for its focus on sustainability across all courses, offering a unique blend of traditional MBA coursework with green business practices. Designed for flexibility, it allows completion in 14 months with small online classes ensuring personalized attention. The curriculum includes 36 credits at $650 each, totaling $23,400, and requires a minimum 3.0 GPA for admission. Notably, it does not mandate an entrance exam, making it accessible to a broader audience. With five start dates annually, career development support, and experiential learning opportunities, graduates are well-equipped for diverse roles in sustainable business sectors.

  • 100% Online Sustainable MBA
  • 36 Total Credits
  • $650 Per Credit
  • Total Program Cost $23,400
  • 14 Months Completion Time
  • Five Annual Start Dates
  • 3.0 Minimum GPA Required
  • Career Development Support
  • World-Class Faculty
  • Small Online Class Sizes
*Based on: IPEDS 2023, U.S. Department of Education. https://nces.ed.gov/ipeds/

What Are the Fastest MBA Programs in Maine?

Accelerated MBA programs in Maine allow professionals to complete their degrees in as little as a year, providing an expedited path to career growth.

Benefits of Accelerated MBA Programs:

  • Earn an MBA in 12-18 months
  • Reduce tuition costs and time away from work
  • Quickly gain leadership skills for career advancement

Shortest Online MBA Programs in Maine:

School NameMBA Program SpecialtyProgram LengthFormat
University of MaineBusiness Analytics12 monthsOnline
University of Southern MaineGeneral MBA14 monthsOnline
Husson UniversityFinance16 monthsOnline

To explore additional options, visit Fastest MBA Programs.

What Are the Cheapest MBA Programs in Maine?

Maine offers affordable MBA programs that provide a strong return on investment without sacrificing quality.

Advantages of Affordable MBA Programs:

  • Lower tuition than many out-of-state alternatives
  • Competitive ROI for career advancement
  • Access to top faculty and networking opportunities

Most Affordable Online MBA Programs in Maine:

School NameMBA Program SpecialtyTuition RangeFormat
University of MaineGeneral MBA$11,000 – $15,000Online
Husson UniversityHealthcare Management$13,500 – $17,500Online
University of Southern MaineMarketing$14,500 – $18,500Online

To explore additional options, visit Cheapest MBA Programs.

Are There Online MBA Program Options in Maine?

Maine provides a variety of online MBA programs that allow professionals to advance their education while balancing work and personal responsibilities.

Pros and Cons of Online MBA Programs:

ProsCons
Flexible learning schedulesLimited face-to-face networking
Continue working while studyingRequires strong self-discipline
Often more affordable than on-campusSome employers prefer traditional MBAs
Access to national and global networksFewer on-campus career services

What Are the Admissions Requirements for MBA Programs in Maine?

Admissions requirements vary by program, but most universities evaluate applicants based on academic background, work experience, and leadership potential.

Pros and Cons of MBA Admissions Requirements:

ProsCons
Bachelor’s degree requiredSome applicants may need prerequisite coursework
GMAT/GRE waivers availableSome programs still require standardized tests
Work experience preferredCompetitive programs may have limited seats
Career support availableApplication fees may be costly

Common Admissions Requirements:

  • Bachelor’s degree from an accredited institution
  • GMAT/GRE scores (waivers available for experienced professionals)
  • Work experience (preferred but not always required)
  • Personal statement outlining career goals
  • Letters of recommendation from academic or professional references
  • Application deadlines vary by institution

Popular MBA Specialties in Maine

Maine’s economic landscape supports the demand for specialized MBA programs tailored to industry needs.

In-demand MBA concentrations in Maine:

  • MBA in Business Analytics – Companies leverage data-driven insights for strategic decision-making.
  • MBA in Sustainability and Environmental Management – Ideal for professionals looking to lead in Maine’s renewable energy and sustainability sectors.
  • MBA in Healthcare Management – With a strong healthcare industry, leadership roles are in demand.
  • MBA in Finance – Designed for professionals seeking investment banking, corporate finance, and financial planning careers.
  • MBA in Public Administration – Prepares graduates for leadership roles in government and nonprofit organizations.

Your Next Step Toward an MBA in Maine

An MBA in Maine can help you achieve career growth, improve your earning potential, and provide leadership opportunities. Whether you’re looking to transition into a new industry, start your own business, or move into executive leadership, Maine’s top online MBA programs offer the flexibility and expertise necessary for success.

Start researching programs, preparing applications, and exploring financial aid options to take the next step toward achieving your career goals.


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