B-School Search
Just south of New York, the state of New Jersey has benefitted from the top talent that New York City attracts. The state counts nine top company headquarters, according to the U.S. News & World Report. The organization ranks New Jersey #22 for business environment, #19 for entrepreneurship, #21 for venture capital, and #12 for patent creation.
That said, doing business in New Jersey is for those who are interested in a rigorous business challenge. Forbes ranks it the #38 best state for business, and other organizations rate the state lower down due to its high business costs, high tax burdens, and strict regulations.
Despite the middle to low rankings, New Jersey is a globally connected state with the largest cargo port on the East Coast and 270 foreign company headquarters. The population of New Jersey is also highly educated and highly skilled, which means there is a rich talent pool from which businesses can pull. New Jersey boasts the highest concentration of scientists and engineers in the world.
The key industries in New Jersey include biotechnology, clean energy, pharmaceuticals, manufacturing, financial services, telecommunications, and tourism. The state is home to 21 Fortune 500 companies including Campbell Soup, Chubb & Sons, Johnson & Johnson, Lucent Technologies, Medco Health Solutions, and Quest Diagnostics.
Recent incentives to move business to New Jersey include tax credits of $5,000 per job per year and up to $3,000 per job for businesses that are creating and retaining jobs in the state. New Jersey also offers tax incentives for economic redevelopment and growth, manufacturing equipment and job growth related to the acquisition of manufacturing equipment. For businesses in technology and science, New Jersey offers early-stage capital for companies with funding gaps where limited funds are available.
Online master of business administration (MBA) programs are available at universities across the state. These degrees are designed for professionals who wish to move into management without quitting their jobs or relocating and other professionals who want a format that is more flexible than on-campus programs. Choosing a 100 percent online (or hybrid online/on-campus) program based in New Jersey can connect students to local networks and resources—all while allowing students to learn at their own pace and in the location of their choice.
Keep reading to learn more about online MBA offerings in New Jersey, and esteemed professors teaching in online MBA programs in the state.
Featured Online MBA Programs in New Jersey
The 100 percent online MBA offered through the New Jersey Institute of Technology (NJIT) Martin Tuchman School of Management prepares students for a competitive post-graduation edge through a deep emphasis on business technology. Students have the opportunity to earn a general MBA or can specialize in management information systems, marketing, or finance. Coursework in the 48-credit program includes management accounting, information systems principles, new venture management, and global marketing management.
Candidates must have a 2.8 GPA or higher and a GMAT score of 500 or higher (or a GRE equivalent). GMAT/GRE waivers may be available to those who already have a master’s or doctoral degree with a 2.8 GPA or higher. For those interested in post-graduate studies, NJIT offers online graduate certificates in management essentials and management of technology.
NJIT also offers an 18-month executive hybrid MBA designed to provide a “bridge to leadership” for high-potential professionals with five years of work experience in STEM. Students can focus studies in business analytics, innovation and commercialization of technology, or global project management. Coursework in the program includes corporate finance, managing technology and innovation, managing supply and value chains, and global marketing management. Students are expected to attend four one-day immersion boot camps and a nine-day international study tour. Total tuition for the EMBA is $67,000.
Location: Newark, New Jersey |
Accreditation: Association to Advance Collegiate Schools of Business (AACSB International) |
Format: Online |
Tuition: $1,248 per credit |
Program length: Two to three years |
SHU’s online MBA program helps graduates develop a strong sense of business ethics, prepares them to lead with purpose, and provides extensive business training. Students can choose to concentrate in accounting, finance, or marketing. Courses in the 40-credit program include corporate social responsibility, management theory and practice, legal environment, and financial decision making.
To be considered for admission, students must have a 152 Quant and 152 Verbal GRE score or the equivalent of 500 on the GMAT. GMAT scores are waived for those with either: a 3.4 GPA or higher, a graduate degree, completion of a Stillman School of Business graduate certificate with 3.3 GPA or higher, five years of significant professional experience, or a professional certifying exam. Although coursework is 100 percent online, students are expected to attend a two-day on-campus orientation.
Location: South Orange, NJ |
Accreditation: AACSB International |
Format: Online with one two-day on-campus orientation |
Tuition: $1,279 per credit |
Program length: 24 to 36 months |
Offered through their School of Business, the Rutgers 100 percent online MBA offers motivated, future-focused students the ability to apply lessons to their workplaces immediately, and promises a 169 percent return on investment.
Students enrolled in the 54-credit program can customize their MBA by choosing between four focused learning modules in business analytics, digital marketing, investments and private wealth management, and strategic leadership Coursework in the program includes managerial economics, operations management: productivity and quality, corporate social responsibility, and international business environment.
To be considered for admission, it is preferred that applicants have a 3.2 GPA or higher, but the Rutgers admissions team will consider those with a 2.9. Students must also submit GMAT, GRE, or LSAT scores, which are waived for those who already have advanced degrees.
Location: New Brunswick, NJ |
Accreditation: AACSB International |
Format: Online |
Tuition: $1,256 per credit |
Program length: Two to three years |
Ranked as the best online MBA in New Jersey for the last four years by the U.S. News & World Report, the program prepares students for leadership with a blend of traditional management skills with fast, data-supported decision-making skills. Students can choose to create a concentration of their choice with four hand-picked electives. They can also choose between four pre-selected concentrations in corporate innovation, finance, information systems, or project management.
Coursework in the program includes discovering and exploring entrepreneurial opportunities, human-centered design thinking, process innovation and management, and leading across projects. SIT also offers dual-degree programs in sustainability management, business intelligence and analytics, finance, financial engineering, information systems, and network and communication management and services.
To be considered for admission, applicants must have a B average or higher. Applicants must submit GRE or GMAT scores, and only applicants with excellent scores will be considered. Master’s candidates may be asked to complete an interview before admission. The program is available both part and full time.
Location: Hoboken, NJ |
Accreditation: AACSB International |
Format: Online |
Tuition: $18,340 per semester |
Program length: Two to three years |
The 100 percent online MBA at the Fairleigh Dickinson University Silberman College of Business is designed to help graduates attain leadership positions in any industry. Students enrolled in the online course will complete 12 credits of foundational coursework, 18 credits of core coursework, ten credits of discipline enhancing coursework, and will complete the degree with a hands-on global business capstone. Coursework in the 42-credit program includes managerial accounting, strategic innovation management, information systems for managers, and society, ethics and legal environment of business.
Applicants to the FDU MBA must have a 3.0 GPA or higher and must submit GRE or GMAT scores. In some circumstances, the GRE/GMAT requirements may be waived. Students with previously completed coursework may be able to reduce the number of credits to 30 through transfer credits.
Location: Teaneck, NJ |
Accreditation: AACSB International |
Format: Online |
Tuition: 31 Months |
Program length: $925 per credit |
The 100 percent online MBA offered through the Leon Hess Business School provides personalized education in small classes for busy professionals looking to advance their careers. Students enrolled in MU’s MBA program can choose a traditional MBA, or a concentration in accounting, finance, management, marketing, or real estate. Coursework in the 57-credit program includes production and operations management, managing and leading in organizations, corporate governance and organizational ethics, and management science and business analytics.
Applicants to the MU MBA need to submit a GMAT/GRE equivalent (LSAT and engineering certification exams may also be considered) unless they have a CPA or CFA license, a 3.5 undergraduate GPA, a 3.0 undergraduate GPA with three years work experience, or a master’s or doctoral degree.
Location: West Long Branch, NJ |
Accreditation: AACSB International |
Format: Online |
Tuition: $1,142 per credit |
Program length: Two to three years |
Offering growth-minded professionals the ability to advance their career, the 100 percent online MSU MBA offered through Feliciano School of Business is rigorous, practical, well-rounded, compatible with all schedules, and the cheapest AACSB-accredited MBA program in New Jersey. Students enrolled in MU’s program can choose a general 36-credit MBA or a 39-credit program with concentrations in business analytics, digital marketing, human resources management, marketing, or project management.
Coursework includes macroeconomics analysis and public policy, sustainability and corporate responsibility, globalization in the developing world, and delivering service excellence. In addition to the 100 percent online MBA, MSU offers a hybrid online and on-campus MBA, where on-campus coursework is completed on Saturdays.
Students with an undergraduate GPA of 3.0 or higher do not need to submit GMAT or GRE scores for admission, and those with a GPA of less than 3.0 can contact the MBA office to request consideration for GMAT/GRE waiver in certain circumstances.
Location: Montclair, NJ |
Accreditation: AACSB International |
Format: Online with hybrid options |
Tuition: $30,500 for the General MBA |
Program length: 24 to 27 months |
Hybrid MBA Programs in New Jersey
Blending the flexibility of an online program with the benefits of in-person interaction that come with an on-campus program, hybrid programs can be a powerful programmatic choice for students who live close to university campuses or have the time for occasional travel. Generally, hybrid programs allow for a majority of courses to be completed in online formats, with a few specialty classes, immersions, or residences that occur on-campus and in-person.
The following three universities offer hybrid MBAs for those looking for some on-campus experiences built into their MBA programs.
- Ramapo College of New Jersey – Ainsfield School of Business
- Rider University – College of Business Administration
- William Paterson University – Cotsakos College of Business