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The Best MBA Schools in Maryland – Online, Fast, and Affordable Programs
The biotechnology, healthcare, cybersecurity, and finance industries fuel Maryland’s economy. With major employers like Johns Hopkins Medicine, Northrop Grumman, and T. Rowe Price, Maryland professionals have access to various high-paying business leadership roles. Earning an online MBA from an accredited business school in Maryland provides the skills and expertise needed to excel in these competitive industries.
According to the Maryland Department of Commerce, the state continues to experience significant job growth in business, technology, and financial services. Maryland’s strategic location near Washington, D.C., provides ample networking opportunities for Master of Business Administration graduates looking to advance their careers.
Online MBA programs in Maryland offer flexibility. Students can specialize in fields such as business analytics, cybersecurity management, and healthcare management while maintaining full-time employment.
Table of Contents
Maryland MBA Schools, Programs and Tuition Snapshot
| Metric | Details |
|---|---|
| Total Programs | 10 |
| Average Tuition Range | $40,000 – $80,000 |
| Online Availability | 5 fully online options |
| Most Popular Specialties | Finance, Information Systems, Marketing |
| Top-Ranked School | University of Maryland (Robert H. Smith School of Business) |
| Projected Job Growth | 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 Maryland
An online MBA from a Maryland university equips students with leadership, analytical, and strategic decision-making skills. These programs offer flexible learning formats and career-driven curricula for professionals looking to advance in Maryland’s leading industries.
Maryland universities emphasize faculty mentorship, networking opportunities, and career support services. Whether pursuing a general MBA or a specialized track in global business, finance, or public administration, students can find programs that align with their career goals.
Selecting the right online MBA program requires evaluating accreditation, faculty expertise, and industry connections. Maryland’s universities offer well-respected programs to prepare graduates for leadership roles across multiple sectors.
Learn more about our methodology
#1
University of Baltimore
Baltimore, MD - Public 4-Year - ubalt.edu
Master's - Master of Business Administration
Concentration: Data Analytics - Online & Campus Based - Visit Website
The University of Baltimore's hybrid MBA in Data Analytics prepares professionals to harness the power of big data for strategic decision-making. This program focuses on predictive analytics and actionable business intelligence, offering a blend of theoretical knowledge and practical application. With a requirement for GMAT or GRE scores, it's designed for those aiming to lead in data-driven environments. The curriculum includes specialized courses in visual business intelligence and strategic management, culminating in a capstone project. Ideal for military personnel, given the school's military-friendly status.
- Data Analytics MBA Specialization
- 6 Credits Required Specialization Courses
- Flexible Core Course Options
- 3 Additional Elective Credits
- Predictive Analytics Focus
- Competitive Advantage Skills
- Actionable Business Intelligence
- Visual Business Intelligence Course
- Comprehensive MBA Core Curriculum
- Strategic Management Capstone
Master's - MBA
Concentration: Health Care Management - Online & Campus Based - Visit Website
Specializing in Health Care Management, the University of Baltimore's hybrid MBA program is tailored for professionals looking to navigate the complexities of the healthcare sector. Located in a prime healthcare hub, the program emphasizes strategic management and policy, with faculty from public affairs enriching the curriculum. GMAT or GRE scores are required for admission. This military-friendly program offers a strategic management capstone and courses covering the legal environment of healthcare, preparing graduates for leadership roles in administration.
- Healthcare Management Specialization
- 9 Specialized Credits Available
- Faculty from Public Affairs
- Baltimore Healthcare Job Market
- Multiple Healthcare Courses Offered
- Courses Cover Legal Environment
- Health Systems Management Focus
- Quantitative Management Methods
- Strategic Management Capstone
Master's - MBA
Concentration: Public Sector Management - Online & Campus Based - Visit Website
Aimed at future leaders in governmental and nonprofit sectors, the University of Baltimore's hybrid MBA with a Public Sector Management concentration offers in-depth training in policy implementation and performance measurement. Admission requires GMAT or GRE scores. The program, recognized for its military-friendly approach, includes nine credits of specialized public management courses and a strategic management capstone, equipping students with the skills needed for impactful public service careers.
- MBA with Public Sector Focus
- Partnership with Public Affairs College
- 9 Credits Specialization Courses
- Four Specialized Public Management Courses
- Prepares for Government/Nonprofit Careers
- Courses Include Policy Implementation
- Performance Measurement Training
- Total 36 Credit MBA Program
- Flexibility in Course Selection
Master's - JD/MBA
Online & Campus Based - Visit Website
The University of Baltimore's hybrid JD/MBA program merges legal and business education for aspiring leaders in law firms, corporations, or the public sector. Prospective students must submit LSAT scores and hold a bachelor's degree. This military-friendly program features a flexible hybrid format, competitive tuition, and financial aid options. The comprehensive curriculum prepares graduates for the dual challenges of legal and business leadership, making it a standout choice for professionals seeking a multidisciplinary approach.
- Hybrid program format
- Combines JD and MBA
- Flexible for professionals
- Comprehensive curriculum
- Competitive cost
- Financial aid available
- Bachelor's degree required
- LSAT scores needed
Show 3 More Programs ˅
#2
University of Maryland-College Park
College Park, MD - Public 4-Year - umd.edu
Master's - Master of Business Administration
Online Learning - Visit Website
The University of Maryland-College Park's online Master of Business Administration program is tailored for professionals aiming to enhance their leadership capabilities with a flexible, STEM-certified curriculum. Spanning 54 credits and completable in 24 months, it offers a blend of foundational business courses, elective specializations, and a distinctive on-campus residency. This program stands out for its focus on data-driven decision-making and innovative management strategies, preparing graduates for success across various industries. Notably, it does not require an entrance exam, making it accessible to a wide range of applicants. The online format ensures flexibility for working professionals, with options for specialization in areas like Finance and Marketing.
- 54 credit hours total
- Completion in 24 months
- STEM-certified curriculum
- Multiple specialization options
- On-campus residency included
- Electives in Finance, Marketing
- Online and flexible format
- Core courses in key business areas
- AI and Business Strategy option
- Saturday classes in Washington, D.C.
Master's - Executive MBA
Online & Campus Based - Visit Website
Designed for seasoned professionals, the University of Maryland-College Park's Executive MBA is a 15-month hybrid program that blends online learning with minimal in-person commitments, requiring only 26 days away from work. This STEM-designated program is ideal for individuals with at least 8 years of professional experience, including 3 in management, offering a curriculum focused on strategic decision-making and technological innovation. Unique features include personalized executive coaching, a global immersion option, and no GMAT requirement. Graduates report an average salary increase of 44% within three years post-completion, highlighting the program's value in accelerating career growth for ambitious executives.
- 15-month hybrid STEM program
- No GMAT required
- Average 3 days monthly
- Tuition $136,806 all-inclusive
- Personalized executive coaching
- Average 17 years experience
- NYC residency included
- Global immersion option
- 44% average salary increase
- World-renowned faculty
Show 1 More Programs ˅
#3
Loyola University Maryland
Baltimore, MD - Private 4-year - loyola.edu
Master's - MBA
Concentration: Data Analytics and Digital Technologies - Online & Campus Based - Visit Website
Loyola University Maryland offers a hybrid MBA program with a concentration in Data Analytics and Digital Technologies, designed for professionals aiming to leverage data for strategic business decisions. This program stands out with its partnership with the SAS Institute for a joint certificate, alongside courses in data mining, visualization, and digital marketing. It's tailored for those seeking to excel in the digital business arena, offering flexible learning options. No entrance exam is mentioned, making it accessible for working professionals. The program is military-friendly and reflects the university's Roman Catholic affiliation.
- Part-time MBA with data analytics focus
- SAS Institute joint certificate available
- Three specialized data analytics electives
- Courses include data visualization, digital marketing
- Options for business intelligence training
- Contemporary topics in data technologies
- Professional's MBA customizable program
Master's - MBA
Concentration: Finance - Online & Campus Based - Visit Website
The hybrid MBA program at Loyola University Maryland with a Finance concentration prepares professionals for advanced roles in finance through courses in investments, portfolio management, and corporate finance. It emphasizes practical applications in capital markets and derivative securities, catering to those looking to advance in the financial sector. The program offers part-time, flexible options ideal for working professionals. Entrance exam requirements are not specified. It's noted for being military-friendly and maintains a Roman Catholic affiliation, providing a comprehensive finance education with a global perspective.
- Finance Specialization MBA
- Three Finance Elective Courses
- Investment Analysis Required
- Covers Investments and Markets
- Professional's MBA Program
- Part-time Flexible Options
- Contemporary Finance Topics
- Advanced Corporate Finance
- Derivative Risk Management
- International Finance Focus
Master's - MBA
Concentration: Management - Online & Campus Based - Visit Website
Loyola University Maryland's hybrid MBA program with a Management concentration focuses on developing adaptive leaders skilled in strategic management and leadership. The curriculum includes three management electives, allowing customization to meet career goals. Designed for professionals, it offers part-time and self-paced options, blending online and hybrid formats. The program equips students to tackle complex business challenges without specifying an entrance exam requirement. It is military-friendly and affiliated with the Roman Catholic tradition, offering a practical approach to contemporary management topics.
- Management Specialization MBA
- 3 Management Electives Required
- Flexible Professional's MBA
- Leadership Skills Development
- Strategic Management Focus
- Contemporary Management Topics
- Part-time and Self-paced
- Online and Hybrid Options
- 39 Total Program Credits
Show 2 More Programs ˅
#4
Frostburg State University
Frostburg, MD - Public 4-Year - frostburg.edu
Master's - MBA/Accounting
Online Learning - Visit Website
Frostburg State University's online MBA/Accounting program is tailored for accounting graduates aiming for CPA licensure, blending undergraduate and graduate coursework into a 153-hour curriculum. This program stands out for its GMAT/GRE waiver opportunities for eligible candidates, emphasizing flexibility for working professionals. With a focus on business analytics, management, and healthcare, it offers a comprehensive path to advanced business education without requiring an entrance exam for qualified applicants. Notably military-friendly, this program is designed exclusively for FSU accounting alumni, ensuring a cohesive and supportive learning environment.
- Combined BS/MBA in Accounting
- 153-hour academic credit program
- CPA exam requirement compatible
- GMAT/GRE waiver options available
- Requires 3.0 GPA or work experience
- Core MBA courses included
- Business analytics concentration
- Management and healthcare tracks
- Exclusive to FSU accounting graduates
*Original data from: National Center for Education Statistics' IPEDS program (2023).
What Are the Fastest MBA Programs in Maryland?
Accelerated MBA programs in Maryland allow professionals to complete their degrees in as little as a year, providing a fast track to leadership roles.
Benefits of Accelerated MBA Programs:
- Earn an MBA in 12-18 months
- Minimize tuition costs and time away from work
- Quickly gain leadership skills for career growth
Shortest Online MBA Programs in Maryland:
| School Name | MBA Program Specialty | Program Length | Format |
|---|---|---|---|
| University of Maryland (Smith) | Business Analytics | 12 months | Online |
| Loyola University Maryland | General MBA | 14 months | Online |
| Towson University | Finance | 16 months | Online |
To explore additional options, visit Fastest MBA Programs.
What Are the Cheapest MBA Programs in Maryland?
Maryland offers affordable MBA programs that deliver high-quality education and a strong return on investment.
Advantages of Affordable MBA Programs:
- Competitive tuition rates compared to out-of-state programs
- Strong ROI for career advancement
- Access to distinguished faculty and networking opportunities
Most Affordable Online MBA Programs in Maryland:
| School Name | MBA Program Specialty | Tuition Range | Format |
|---|---|---|---|
| Frostburg State University | General MBA | $11,000 – $15,000 | Online |
| University of Baltimore | Cybersecurity | $13,500 – $17,500 | Online |
| Towson University | Marketing | $14,500 – $18,500 | Online |
To explore additional options, visit Cheapest MBA Programs.
Are There Online MBA Program Options in Maryland?
Maryland provides various online MBA programs that allow working professionals to balance education with their careers.
Pros and Cons of Online MBA Programs:
| Pros | Cons |
|---|---|
| Flexible learning schedules | Limited face-to-face networking |
| Continue working while studying | Requires strong self-discipline |
| Often more affordable than on-campus | Some employers prefer traditional MBAs |
| Access to national and global networks | Fewer on-campus career services |
What Are the Admissions Requirements for MBA Programs in Maryland?
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:
| Pros | Cons |
|---|---|
| Bachelor’s degree required | Some applicants may need prerequisite coursework |
| GMAT/GRE waivers available | Some programs still require standardized tests |
| Work experience preferred | Competitive programs may have limited seats |
| Career support available | Application 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 Maryland
Maryland’s economic landscape supports the demand for specialized MBA programs tailored to industry needs.
In-demand MBA concentrations in Maryland:
- MBA in Business Analytics – Companies rely on data-driven decision-making for strategic growth.
- MBA in Cybersecurity Management – Maryland’s proximity to federal agencies makes this a high-demand field.
- MBA in Healthcare Management – With a strong healthcare sector, leadership roles in this field are increasing.
- MBA in Finance – Ideal for professionals seeking banking, corporate finance, and investment management careers.
- MBA in Public Administration – Prepares graduates for leadership roles in government agencies and nonprofit organizations.
Your Next Step Toward an MBA in Maryland
An MBA in Maryland can accelerate your career, increase your earning potential, and provide valuable leadership skills. Whether you want to transition into a new industry, start your own business, or climb the corporate ladder, Maryland’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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