Best Business Schools in New Jersey

The state of New Jersey had a robust workforce in the fields of Business, Finance, and related occupations in May 2023. With approximately 282,000 professionals employed in these sectors, the state demonstrated its strong economic standing and the importance of these industries in its overall growth.

The average annual wage of around $105,000 for professionals in these fields highlighted the value placed on their skills and the competitive nature of the job market.

Cost of Studying MBA in New Jersey

The annual tuition fees for pursuing an MBA in New Jersey range from $14,000 to $45,000 for in-state students and $16,000 to $45,000 for out-of-state students.

10 Best Business Schools in New Jersey

Institution	Location	In-state Tuition Fees	Out-of-state Tuition Fees
Rutgers University	New Brunswick and Newark	$14,000 annually	$33,000 annually
Stevens Institute of Technology	Hoboken	$43,000 annually	$43,000 annually
Seton Hall University	South Orange	$1,500 per credit hour	$1,500 per credit hour
Fairleigh Dickinson University	Madison, Florham Park, Teaneck and Hackensack	$1,100 per credit hour	$1,100 per credit hour
New Jersey Institute of Technology	Newark	$22,000 annually	$32,000 annually
The College of New Jersey	Ewing Township	$16,000 annually	$16,000 annually
Montclair State University	Montclair	$880 per credit hour	$880 per credit hour
Rowan University	Glassboro	$860 per credit hour	$860 per credit hour
Monmouth University	West Long Branch	$33,000 annually	$33,000 annually
Rider University	Lawrenceville	$1,100 per credit hour	$1,100 per credit hour

*Princeton University does not offer MBA program

Rutgers University

Rutgers University is a renowned public research university that operates under the land-grant system. With an extensive range of academic offerings, it boasts over 550 undergraduate and graduate programs across its 29 schools and colleges. The university maintains a moderate acceptance rate of 66%, ensuring a competitive yet accessible admissions process. Notably, 71 esteemed faculty members of Rutgers University have been recognized in the National Academies. For those interested in pursuing a career in accounting, Rutgers Business School in Newark and New Brunswick offers a comprehensive selection of MBA programs, including full-time, part-time, executive, and professional options.

Stevens Institute of Technology

Stevens Institute of Technology, a renowned private research university, boasts an impressive average starting salary of $84,700 for the Class of 2022. With a student-to-faculty ratio of 10:1, students benefit from personalized attention and a supportive learning environment. The university maintains a competitive acceptance rate of 43% and sets high academic standards with an SAT Range of 1370-1510 and an average High School GPA of 3.89 for the class of 2023. Stevens takes pride in its prestigious academic honor, The Ann P. Neupauer Scholarship, which covers full tuition for four years. Additionally, the university's School of Business offers a range of specialized MBA programs, including STEM-designed MBA programs, Analytics MBA programs, and Executive MBA programs.

New Jersey Institute of Technology

The New Jersey Institute of Technology, classified as an "R1: Doctoral Universities - Very high research activity" institution, is a public polytechnic school that offers a wide range of undergraduate and graduate degree programs across six specialized schools. For the fall of 2022, the university boasts an average SAT composite score of 1302 and an average GPA of 3.75, with a student-faculty ratio of 15:1. The Martin Tuchman School of Management provides TECH MBA programs in full-time, part-time, and online formats.

The College of New Jersey

The College of New Jersey, a public institution within the public higher education system of New Jersey, boasts a student-to-faculty ratio of 13:1 and an average class size of 21 students. Students attending the college can benefit from federal and state financial assistance programs, which can provide up to $15,000 annually along with a stipend. The College's School of Business offers dual MBA/MPH programs and online hybrid programs in two specialized tracks: Business Analytics or Strategy, Innovation, and Leadership.

Montclair State University

Montclair State University, the biggest Hispanic-serving institution in New Jersey, is a renowned public research university. It provides a wide range of academic programs, including over 300 majors, minors, specializations, and certificate programs across all degree levels. These offerings are spread across 13 colleges and schools within the university. With a student-to-faculty ratio of 17:1 and an average class size of 24 students, Montclair State University ensures a personalized and engaging learning environment. Additionally, the university's Feliciano School of Business offers various MBA programs, including full-time, weeknight, and online options. Notably, these programs include the STEM MBA and the MBA 4+1, all of which are accredited by AACSB.

Seton Hall University

Seton Hall University, a prestigious Roman Catholic research institution, offers a wide range of over 90 rigorous majors. Established as the oldest diocesan university in the United States, the university boasts an average class size of 21 students and a favorable 14:1 Student-to-Faculty Ratio. With an Average GPA of 3.68, an Average SAT score of 1300, and an Average ACT score of 29, Seton Hall University provides a challenging academic environment. The Stillman School of Business also provides various specialized MBA programs, including Joint M.B.A./J.D., M.B.A./M.S.N., and M.B.A./M.A.D.I.R., along with MBA concentrations in eight different areas.

Rowan University

Rowan University, a public research institution, holds an R2 Carnegie classification, indicating its high research activity. It offers a wide range of academic programs, including 98 bachelor's, 58 master's, 3 professional, and 19 doctorate programs across its 16 universities and institutions. The university maintains an average class size of 20 students and a student-faculty ratio of 17:1. The William G. Rohrer College of Business, offers various joint MBA programs such as MBA/MSF, MBA/DO, MBA/MD, MBA/MSN, MBA/DVM, MBA/MS Engineering, and MBA/COGS. Additionally, the college provides full-time, part-time, and evening MBA programs with eleven concentrations.

Monmouth University

Monmouth University offers more than fifty-five academic programs as a private institution. In the year 2023, students were granted financial assistance, with an average scholarship or grant package worth approximately $31,000. The university maintains a student-to-teacher ratio of 12:1. Additionally, the Leon Hess Business School provides a range of programs, including B.S. to MBA Pathway programs, General MBA, and specialized concentrations in Advanced Accounting, Finance, Management, and Marketing.

Rider University

Rider University is a prestigious private institution that boasts an impressive average student-to-faculty ratio of 10:1. Students at Rider have the opportunity to receive merit-based scholarships ranging from $13,000 to $25,000 per year. The Norm Brodsky College of Business offers a diverse range of academic programs, including the Full-Time MBA, Part-Time MBA, and Dual MBA/M.S. in Information System programs, as well as four certificate programs.

Fairleigh Dickinson University

Fairleigh Dickinson University, a private institution, boasts an acceptance rate of 87%. The university's SAT range falls between 980 and 1280, with an ACT range of 20-27 and a High School GPA requirement of 3.2. The Silberman College of Business offers an MBA program with a general concentration, as well as the option to specialize in one of eight areas. Available programs include the Saturday MBA, Executive MBA, BS-MS Accounting, BS-MBA Finance, BS-MBA Leadership and Managing Innovation, BS-MBA Marketing, and BS-MBA Supply Chain Management.