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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 with Data Analytics concentration develops professionals skilled in transforming complex data into strategic business insights. Students master advanced analytical techniques, including predictive analytics and big data principles, to enhance decision-making across industries. This program combines theoretical knowledge with practical applications, preparing graduates to become data-driven leaders capable of synthesizing information from supply chains, social networks, and customer platforms. As a master's level program, it requires an entrance exam such as the GMAT or GRE. The hybrid format offers flexibility for working professionals.
- 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
Designed for the evolving healthcare sector, the University of Baltimore's hybrid MBA with Health Care Management concentration equips professionals with cutting-edge business and leadership skills. Located in a thriving healthcare hub, students gain expertise in strategic management, policy, and organizational leadership through courses taught by faculty from public affairs and health services. This master's program requires an entrance exam like the GMAT or GRE. The hybrid delivery provides flexibility, making it ideal for those advancing careers in healthcare administration, with a focus on legal environments and health systems management.
- 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
The University of Baltimore's hybrid MBA with Public Sector Management concentration prepares professionals for leadership roles in governmental and nonprofit sectors. Through a partnership with the College of Public Affairs, students acquire comprehensive knowledge of public policy and business management, covering policy implementation, program evaluation, and performance measurement. This master's level program requires an entrance exam such as the GMAT or GRE. The hybrid format offers course flexibility, enabling graduates to pursue management positions in federal agencies, local government, and NGOs with practical, impactful skills.
- 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 integrates legal expertise with business acumen for students targeting leadership roles in law firms, corporations, or public sectors. This comprehensive curriculum covers legal principles and business strategies, requiring a bachelor's degree and LSAT scores for admission. As a graduate-level program, it mandates the LSAT entrance exam. The hybrid format provides flexibility for working professionals, with competitive costs and financial aid options, emphasizing practical preparation for complex legal and business environments.
- 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
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's MBA with a concentration in Data Analytics and Digital Technologies prepares professionals to tackle business challenges using advanced analytical skills. This hybrid program covers data mining, visualization, and strategic decision-making, offering a SAS Institute joint certificate and flexible learning options. It is designed for career advancement in the digital business landscape and does not require an entrance exam.
- 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
Loyola University Maryland's MBA Finance Specialization provides professionals with expertise in investments, portfolio management, and corporate finance through a hybrid format. The program includes courses on capital markets, derivative securities, and international finance, tailored for working professionals seeking flexible, part-time study. No entrance exam is required for this MBA program.
- 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 MBA Management Specialization develops adaptive leaders with skills in leadership, innovation, and strategic risk management. This hybrid program allows customization with three management electives, focusing on contemporary topics to navigate complex business challenges. It is ideal for working professionals and does not require an entrance exam.
- 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 ˅
#3
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 MBA program delivers a comprehensive 54-credit business education that can be completed in as few as 24 months. This STEM-certified curriculum emphasizes data-driven decision-making and innovative management techniques through foundational courses, elective specializations, and a unique on-campus residency. The program requires an entrance exam and prepares graduates for leadership roles across diverse industry sectors with its flexible online format and Saturday class options in Washington, D.C.
- 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
University of Maryland-College Park's Executive MBA is a 15-month hybrid STEM program designed for experienced professionals with at least 8 years in the workforce. This transformative program requires no GMAT and focuses on strategic decision-making, technological innovation, and leadership development through world-renowned faculty and personalized executive coaching. With only 26 days away from work and an average 44% salary increase post-graduation, the program includes NYC residencies and global immersion opportunities while maintaining a manageable schedule of approximately 3 days monthly.
- 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 ˅
#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 provides a specialized pathway for accounting graduates seeking CPA qualification through a combined BS/MBA structure totaling 153 credit hours. This program integrates core MBA coursework with concentrations in business analytics, management, and healthcare, exclusively for FSU accounting alumni. GMAT/GRE waivers are available for students with a 3.0 GPA or significant work experience, and no entrance exam is required for those who qualify. Designed for flexibility, it supports career advancement while meeting CPA exam requirements in an accessible online format.
- 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
*Institutional data extracted from: IPEDS 2023, NCES.
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.
Stay informed with expert insights on MBA programs, career development, and leadership opportunities. Whether you’re evaluating schools, preparing for admissions, or exploring career paths after graduation, our carefully selected articles offer valuable guidance to help you make informed decisions and maximize your MBA investment.
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