Cheapest Business Administration Colleges in Maine

Maine Maritime Academy graduates earn $106,421 annually, nearly triple the $35,060 starting salary at University of Maine at Presque Isle, creating the largest earnings gap among business programs in the state. This reflects Maine's marine industry strength, where companies like Bath Iron Works offer management opportunities that command premium salaries. The 13 business programs span from $10,028 at Presque Isle to $37,109 at University of New England. Public universities dominate the affordable options, with five programs under $15,000 annually. Maine's healthcare and tourism sectors also drive demand for business graduates, particularly around Portland and Bangor where several programs cluster.

Programs

$10,028 – $37,109

Net Price Range

$47,572

Avg. Program Earnings

49.7%

Avg. Graduation Rate

13 Business Administration, Management and Operations Programs

Program rankings
#	School	Net Price	In-State Tuition	Graduation Rate	Acceptance Rate
1	University of Maine at Presque Isle Presque Isle, Maine	$10,028	$8,990	37.7%	97.0%
2	University of Maine at Fort Kent Fort Kent, Maine	$10,865	$9,045	39.8%	99.2%
3	University of Maine at Augusta Augusta, Maine	$11,353	$8,618	23.3%
4	University of Southern Maine Portland, Maine	$11,729	$10,920	46.3%	85.4%
5	University of Maine at Farmington Farmington, Maine	$14,873	$10,989	52.8%	94.2%
6	University of Maine Orono, Maine	$18,045	$12,606	56.4%	94.0%
7	Unity Environmental University New Gloucester, Maine	$18,217	$12,640	57.0%	94.3%
8	Thomas College Waterville, Maine	$19,223	$30,896	51.4%	97.2%
9	Husson University Bangor, Maine	$20,798	$22,194	56.7%	91.3%
10	Maine Maritime Academy Castine, Maine	$21,185	$14,746	61.4%	57.7%
11	Saint Joseph's College of Maine Standish, Maine	$24,666	$42,834	68.5%	80.8%
12	Beal University Bangor, Maine	$33,857		34.1%
13	University of New England Biddeford, Maine	$37,109	$42,550	60.8%	96.3%

Frequently Asked Questions

What makes Maine Maritime Academy's business program so valuable despite higher costs?

Graduates earn $106,421 annually, reflecting the academy's connections to Maine's shipbuilding and marine industries. The $21,185 net price delivers strong returns given these specialized career paths in maritime management.

How do public university costs compare to private options for business students?

Public programs range from $10,028 to $21,185, while private schools span $18,217 to $37,109. University of Maine at Presque Isle offers the lowest net cost at $10,028, making it 73% cheaper than the most expensive option.

Is graduation rate connected to program cost in Maine business programs?

Not necessarily. Saint Joseph's College achieves a 68.5% graduation rate at $24,666 net cost, while University of Maine at Augusta has just 23.3% completion despite costing only $11,353. Thomas College graduates 51.4% of students at $19,223.

Where do most affordable business programs cluster geographically?

Northern Maine hosts the cheapest options, with Presque Isle and Fort Kent both under $11,000 annually. Portland and Bangor areas feature mid-range programs between $11,729 and $20,798, serving Maine's major business centers.

More Business Administration, Management and Operations Rankings

Best Value Business Administration, Management and Operations in Maine Business Administration, Management and Operations Under $20,000 in Maine

All Business Administration, Management and Operations Programs Best Colleges in Maine Best Business Administration, Management and Operations in Maine

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