Affordable MBA Programs in NYC

Jun 25, 2019

As a hub of business and finance, New York City has a wealth of MBA programs. However, there are several programs that are not only affordable but will give you the skills and knowledge necessary to further your career.

Whether you want to advance in your current career or are looking to switch careers, a Master of Business degree can help you achieve your specific goals. Within New York City, there are several affordable MBA programs, some of which are listed in the below chart.

Affordable MBA Programs in New York City

School Graduate Tuition (2018-2019)* Degree Available**
The City University of New York - Baruch College $10,770 (In-state) MBA, Executive MBA
Touro College $15,572 MBA
Metropolitan College of New York $28,050 MBA
Pace University $30,408 MBA, Executive MBA

Sources: *National Center for Education Statistics, **Schools' websites

Overview of MBA Programs in New York City

Although these New York City universities all have affordable tuition rates, each school offers unique MBA programs, which will differ in terms of admission requirements, concentrations, and residency requirements.

The City University of New York - Baruch College

Baruch College, which is part of The City University of New York, offers four different MBA programs: a full-time MBA, an evening MBA, an Executive MBA, and an Executive MBA in Healthcare Administration. The full-time option and the Executive MBA will take about two years to complete, while the evening MBA will take 3 years and the Executive MBA in Healthcare Administration will take 30 months. Each MBA will require about 48 credits for graduation, with a curriculum in topics like strategy management, statistics, and corporate finance. In the MBA program, you will also be able to create and present a business plan to a real New York company. The evening MBA is designed for working professionals, with classes taking place at night, and you will need to meet all the requirements of the regular MBA. The two EMBA programs are for those who already have significant work experience. For the MBA programs, you will need to submit your GRE scores, transcripts, two essays, a resume, and letters of recommendation. For the EMBA programs, you will also need 5-7 years of professional experience.

Touro College

Touro College has an MBA program that allows you to choose from seven areas of concentration that include entrepreneurship, forensic accounting, management, HR, healthcare management, international finance, and marketing. This is a 42-credit program that can be completed on your own schedule within 2-3 years. Along with your core courses, you will take specific classes within your chosen specialty. To apply for admission to this program, you will need a bachelor's degree, an application, letters of recommendation, a resume, and two essays. As for the GRE, if your undergraduate GPA is 3.0 or above, you will not have to submit any scores.

Metropolitan College of New York

Metropolitan College of New York also offers an MBA with several different concentrations, including health and risk management, financial services, and media management. For this program you will take coursework and also create a constructive action plan that relates to your current workplace or internship. This MBA also offers a 10-day study aboard feature that will have you working with a company or financial institution. The admission requirement for this program include such materials as an application, a resume, GRE scores, an essay, and letters of recommendation.

Pace University

Last, Pace University has an MBA and an EMBA. The MBA program offers several concentrations, such as accounting, financial management, human resources, and others. You will take both foundation courses in business, such as organizational behavior and managerial economics, along with courses in your specific specialization. This is also a flexible program that could be completed in 18 months or so, depending on your chosen concentration. The EMBA is a 54-credit program designed for those with at least 5 years of professional experience. For the EMBA, you will take classes, which can be online, and work with real companies. The EMBA also requires three-day residencies in New York City where you work on group projects. For admission to the MBA program, you will need an application, letters of recommendation, transcripts, a resume, and a personal statement. If your undergraduate GPA is above 3.0, you won't need to submit GRE scores. For the EMBA, you will also need 5 years of professional experience and must undergo an interview.

If you want to attend an MBA program in New York City, then you have plenty of affordable choices. Each of these programs will increase your business knowledge and can help you move up the ladder of your company or find a new and exciting career.

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