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 MaineMBA in Public and Nonprofit Management at University of Maine prepares leaders for transformative roles in government and nonprofit sectors. This 100% online, STEM-designated program requires 33 credit hours, including 8 core MBA courses and specialized nonprofit electives. Developed with the Muskie School, it focuses on strategic leadership and organizational management without requiring entrance exams. The hybrid format offers flexibility for working professionals, with foundation courses available as needed.

  • 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 provides a direct CPA certification pathway through its 100% online, STEM-designated curriculum. This 33-credit program combines core business principles with three accounting electives, emphasizing financial analysis and emerging technologies. No entrance exams are required for this hybrid program, which offers flexible foundation courses and career-advancing opportunities for professionals seeking accounting expertise.

  • 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 University of Maine delivers cutting-edge financial expertise through a 100% online, STEM-designated program. Students complete 33 credit hours, including 8 core courses and 3 finance electives covering capital budgeting and investment management. This exam-free program provides flexible foundation options and self-paced prerequisites, preparing professionals for leadership roles in banking, insurance, and investment analysis.

  • 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 prepares professionals for healthcare administration leadership through its 100% online format. The 33-credit STEM program includes 24 core MBA hours and 9 healthcare concentration credits, developed with the Muskie School. No entrance exams are required for this hybrid program, which offers flexible foundation courses and prepares graduates for roles as hospital CEOs and administrators.

  • 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 MaineMBA in Sustainability at University of Maine empowers professionals to drive environmentally conscious business strategies. This 100% online, STEM-designated program requires 33 total credits (24 core + 9 concentration) with multiple sustainability electives. The exam-free hybrid format includes interdisciplinary course selection and flexible foundation options, preparing leaders for responsible growth in green business transformation.

  • 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 offers a 30-credit, 100% online program requiring GMAT/GRE or other entrance exams. This STEM-designated degree features asynchronous learning with average completion in 20 months at $650 per credit hour. The program prepares innovative business leaders through 8 core courses and 13 concentration options, with graduates earning average salaries of $87,535 annually.

  • 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 Dual MaineMBA and JD program at University of Maine combines business and legal education through a hybrid format. Requiring 102 total credits (30 MBA + 90 JD with shared courses), admission demands LSAT scores and foundational business coursework. International students need TOEFL/IELTS scores. This online-accessible program prepares students for complex roles at the intersection of law and business, providing a competitive career advantage.

  • 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 & M.S. Information Systems program delivers comprehensive business and technology education in 45 hybrid credit hours. Admission requires a bachelor's degree with 3.0 GPA, GMAT scores, and foundational business coursework. International students must meet English proficiency requirements. The online-accessible curriculum covers strategic data analysis, financial management, and human-computer interaction, bridging business and technology for professional advancement.

  • 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 requiring no entrance exam. It focuses on transforming innovative ideas into successful ventures through 51 credit hours covering startup development, opportunity recognition, and intrapreneurship strategies. Students gain practical skills in marketing, financial planning, and strategic management, preparing them to launch and sustain businesses. The program includes seven specialized entrepreneurship classes and emphasizes hands-on learning for navigating the entrepreneurial landscape.

  • 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

Husson University's MBA in Healthcare Management is an online program requiring no entrance exam. It equips professionals with business and leadership skills for the dynamic healthcare industry, covering planning, directing, and coordinating health services. The curriculum blends advanced business knowledge with healthcare management techniques, preparing graduates for roles in facilities of all sizes. This program offers comprehensive training in strategic insights and management competencies, capitalizing on growing industry opportunities.

  • 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's MBA in General/Corporate is a hybrid program requiring no entrance exam. It provides comprehensive leadership training with a focus on strategic planning, financial management, and legal considerations. Students develop skills in solving management problems, coordinating diverse teams, and enhancing communication abilities. The curriculum addresses current business concerns and prepares professionals to excel in various settings by recognizing complex challenges and improving strategic decision-making.

  • 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 a 30-credit program designed for professionals advancing in digital security. Offered jointly with University of Maine at Augusta, it emphasizes practical skills in network security, cyber laws, and investigative techniques through flexible thesis or capstone tracks. This master's-level program does not require an entrance exam, making it accessible for career-focused learners. As an online degree, it provides convenience for working students seeking to address complex cybersecurity challenges across various industries.

  • 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's online MBA in Human Resource Management equips professionals for strategic HR leadership through a 36-credit, SHRM-aligned curriculum. This 100% online program emphasizes leadership development, career-focused coursework, and preparation for SHRM-CP certification, addressing emerging HR challenges. No entrance exam is required for this master's-level program, which is military-friendly and designed for dynamic workplace success.

  • 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

Thomas College's online MBA in Project Management prepares students for high-demand careers with a 36-credit curriculum focused on strategic expertise and leadership. This 100% online program offers PMP exam preparation, leverages a median field salary of $89,000, and includes networking opportunities, with over 1.2 million job vacancies. No entrance exam is required for this master's-level program, which is military-friendly and draws on extensive academic experience.

  • 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's Sustainable MBA is a 100% online program that integrates business fundamentals with sustainability principles, preparing graduates for careers in green entrepreneurship and environmental management. This 36-credit program can be completed in 14 months with flexible learning options, featuring small online class sizes and personalized faculty guidance. It requires a 3.0 minimum GPA and costs $23,400 total. The program does not require an entrance exam and includes career development support, experiential learning, and networking opportunities.

  • 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
*Official IPEDS 2023 data from the National Center for Education Statistics.

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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