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MIT business graduates earn $94,408 annually despite the school's engineering reputation, making it the highest-earning program among Massachusetts business schools. The state's 16 business programs show dramatic cost differences, with public options like Framingham State charging just $11,630 in-state tuition while private schools reach $64,946. Massachusetts hosts major employers like State Street, Fidelity, and Liberty Mutual, creating strong demand for business graduates across finance and healthcare sectors. Net costs range from $16,698 to $46,766, yet even the most expensive programs often justify their price through connections to Boston's thriving financial district. Public universities deliver solid value with UMass-Lowell maintaining a 70% graduation rate at $16,570 annual cost.
16
Programs
$14,738 – $46,766
Net Price Range
$54,077
Avg. Program Earnings
67.4%
Avg. Graduation Rate

16 Business/Commerce, General Programs

Program rankings
# School Net Price Program Earnings In-State Tuition Graduation Rate Acceptance Rate
1 $19,813 $94,408 $60,156 96.1% 4.0%
2 $18,561 $42,754 $11,882 54.9% 81.5%
3 $16,698 $36,776 $11,630 49.5% 87.4%
4 $32,116 $63,111 $63,141 90.4% 6.8%
5 $33,885 $54,192 $64,946 86.1% 39.4%
6 $31,065 $45,956 $40,375 63.6% 84.9%
7 $28,346 $41,342 $47,770 69.5% 88.8%
8 $17,733 $28,610 35.3% 61.9%
9 $46,766 $55,392 79.3% 42.8%
10 $18,627 $16,570 70.1% 86.0%
11 $29,187 $43,707 67.6% 75.6%
12 $20,605 $15,208 49.0% 95.5%
13 $30,031 $45,380 59.8% 86.8%
14 $31,170 $46,430 63.9% 88.0%
15 $43,273 $59,070 88.4% 57.5%
16 $14,738 $11,286 55.5% 87.7%

Frequently Asked Questions

What makes MIT business graduates earn nearly $95,000 despite the school's tech focus?

MIT's business programs benefit from the school's analytical rigor and extensive alumni network in consulting and finance. The 96% graduation rate reflects academic quality that translates directly into high-paying careers. Students gain quantitative skills highly valued by investment banks and consulting firms that recruit heavily from campus.

How do public university business costs compare to private schools in Massachusetts?

Public options like Framingham State and Westfield State charge around $11,600-$11,800 for in-state students, while private schools average $40,000-$65,000. The MassGrant Plus program helps reduce costs for state residents. Even with financial aid, net costs at private schools typically run $15,000-$20,000 higher than public alternatives.

Is the 3.96% acceptance rate at MIT worth pursuing for business students?

MIT's selectivity creates an exclusive alumni network that opens doors across industries from Wall Street to Silicon Valley. The $94,408 average earnings justify the competitive admission process for students who can handle the academic rigor. However, schools like Northeastern offer strong placement at 6.8% acceptance with $63,111 graduate earnings.

Where do Massachusetts business graduates typically find employment after college?

Boston's financial corridor employs thousands of business graduates at firms like State Street, Fidelity, and John Hancock. The healthcare sector, including companies like Biogen and Boston Scientific, seeks business graduates for operations and strategy roles. Many graduates also join consulting firms or startups in the greater Boston area's thriving entrepreneurial ecosystem.

Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.