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Sep 14, 2017

The Boston vs. Washington DC Full-Time MBA Battle

MBA in Boston or Washington DC

Choosing the right city for your MBA program can be a bigger choice than it seems: given the connections and opportunities an MBA typically provides, the city where you pursue your degree will likely be the same city where your career begins and grows.

Even if you’ve narrowed down your business school search to the east coast, you’ve still got a number of top metros to choose from. So regardless if you’re looking south to Washington, D.C., or north to Boston, both metros will likely offer a number of benefits for up-and-coming business professionals.

Both D.C. and Boston offer a number of exceptional full-time MBA programs, giving a prospective MBA a lot to think about. Below, we’ll break down some of the biggest differences in location, programs, and job placement for each metro.

Location

As long as you can deal with snow, Boston is a multicultural hub of business that covers a variety of industries, from startups to high tech and the creative economy. Massachusetts is home to 30 Fortune 500 companies, with massive corporations like General Electric and Liberty Insurance Group centered within Boston. However, as the city continues to grow and improve, the cost of living is also climbing, with Boston ranking eight overall as the most expensive city in the United States.

If you are looking to use your business acumen in a government setting, there are few places better to go than the nation’s capital. With fifteen companies making the Fortune 500 list in the Washington DC metro area, there are a number of opportunities for MBAs to put their business skill to work, even outside of government agencies, with companies like Wal-Mart and Exxon Mobile leading the list. However, DC even outranks Boston for cost of living, ranking as the third most expensive city in the United States.

Washington Full-Time MBA Programs

The Washington DC metro has more than 35 higher education institutions with post-bachelor programs for business students. Featuring some of the top ranked MBA programs in the country, many of the DC programs focus on professional integrity and ethics, attempting to reflect its location in the country’s capital. Many of the MBA programs here also focus on placing business within a global context, encouraging students to gain real-world experience outside of the classroom to gain a better understanding of the global business community.

Full-Time MBA Programs in DC Include:

Boston Full-Time MBA Programs

The Boston metro features some of the top ranked and oldest business schools in the world, which focus on placing students within the global economy and encouraging study abroad opportunities that allow students to get hands-on experience in international business. Given Boston’s reputation as a growing business hub, many of the top jobs in the city may require an MBA.

Full-Time MBA Programs in Boston include: 

Cost of MBA Programs

Cost can be an important consideration when choosing a degree program. The average tuition costs of the Washington DC programs mentioned above is roughly $82,090, though the number may be slightly less for local students. In Boston, the range may be slightly higher. Harvard Business School can cost up to $122,000 per year, but other quality programs in the Boston metro can also be found as low as $91,040.

Job Placement and Salary

The cost one is willing to spend on an MBA is often largely determined by the potential salary that can be made after obtaining the degree. Given that both Boston and DC are among the U.S. cities with the highest cost of living, salary may be an important determination in selecting a city to start your career. Thankfully, both cities offer the chance for high earning potential. According to PayScale, Boston MBA graduates can earn anywhere from $53,725 on average to $173,940. In Washington DC, where there is a slightly higher cost of living, salaries can range from $58,402 to $147,715.

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Aug 4, 2017

GMAT Prep Courses Taught by Foster MBAs Raise Money for Kids in Paraguay

Foster MBAs Help Paraguay

Non-traditional MBA candidates at the University of Washington Foster School of Business now have a new way to prep for the GMAT. In collaboration with PrepCorps, a test prep company designed for MBA candidates without a business background, several Foster MBA students are teaching GMAT courses to raise funds for to The Superkids Foundation, a nonprofit dedicated to improving education for children in Paraguay. Continue reading…

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Jun 26, 2017

In Search Of The Best Boston Executive MBA Programs

Boston Executive MBA

Are you a working professional in the Boston metro who wants to really start climbing the corporate ladder? Do you have significant managerial experience, and think you’re ready to take the next step and assume a leading role in your organizations. Then a Boston Executive MBA (EMBA) may be what you’re looking for. Continue reading…

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Jun 16, 2017

BU Professor Explores Consumer Choice Accuracy

BU Professor Explores Consumer Choice

Boston University’s Questrom School of Business recently looked into a new study published in the Journal of Health Economics that explores how standardized health insurance plans affect consumer choice.

Continue reading…

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Jun 12, 2017

What Are The Top Boston Economics MBA Programs?

Top Boston Economics MBA

An MBA in Economics is a sought-after commodity in today’s business world. It provides an invaluable perspective for anyone looking for a career in the business world or areas of government involved with business. It teaches students what they need to analyze and create financial reports while also being able to explain and implement concepts based on the complex nature of economic theory.

It’s a field that allows MBA students to work in everything from agriculture to marketing, health care and even international relations. Graduates with an MBA in Economics might find themselves working as accountants, marketing analysts, strategy consultants and more. In fact, there are a range of career opportunities available to these students since their education promotes critical thinking, problem-solving and analytical skills valuable to almost every company.

In Boston, Massachusetts, an MBA in Economics isn’t available at any of the top schools. Instead, it’s best to choose a Boston MBA program based on the strength of their economics department and electives offerings. Below, we’ve outlined the top four business schools in Boston that would provide the best economics education opportunities. Continue reading…

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Jun 5, 2017

The Boston Vs New York Full-Time MBA Battle

Boston Vs New York Full-Time MBA

Whether it’s Yankees vs. Red Sox or the Puritans against the Dutch, Boston and New York have always been two cities famous for being at odds with each other. But put their cultural and historic differences aside and you’ll find one big commonality between the two Northeast cities: Both metros are also known as top locations for prospective MBAs looking to earn an advanced business degree full-time. Continue reading…

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