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2022 Best MBA Programs in Montana

2022 Best MBA Programs in Montana

Ready to Start Your Business Journey?

By MBAGuide.org Staff
August 13, 2022

Research the best MBA programs in Montana by concentrations offered, how the MBA programs are offered (full-time, part-time, online, weekend and evenings), rankings by publication, cost of tuition, number of alumni, GMAT requirements and more.

To meet the diverse needs of Montana businesses, MBA programs here have risen to the challenge by offering you an array of more than 17 MBA concentrations to specialize in.

Options for earning your MBA in Montana have never been more flexible. Montana MBA programs have become adept at offering effective alternatives for you to earn your MBA, no matter your life situation or schedule. You will find 9 different paths to earn your MBA in Montana including Online, Campus, Full-Time, 1-Year, Distance Education, Evenings and Weekends, Off Campus, Part-Time and Partnership.

Montana has 3 Accredited MBA programs. There are 0 private and 3 public schools offering MBA programs.

Online Business Programs Liked by Montana MBA Graduates

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

Research additional school detail on the school summary pages, in the tables and charts below and throughout the site.

MBA Program Comparisons: Montana vs Online vs U.S.MBA Program Comparisons: Montana vs Online vs U.S.

Compare MBA Programs Averages Montana MBA Programs Online MBA Programs MBA Programs in the US
Average MBA Tuition $16,544 $33,130 $39,291
Average GMAT Scores 487 530 543
Average Full-Time MBA Faculty 24 65 63
Average MBA Student Faculty Ratio 2:1 249:100 129:50
Average # of MBA Faculty with Doctorate 84.73% 83.44% 83.98%
Average Full-Time MBA Enrollment 20 199 239
Average Part-Time MBA Enrollment 9 387 318
Average % of MBA Students from U.S. N/A 76% 75%

Rankings for MBA Programs in Montana Rankings for MBA Programs in Montana

The ranking of MBA programs is certainly not an exact science and plenty of subjective reasoning and biases come into play. We offer insights into ranking as another way to evaluate a potential MBA program.

Of the 3 accredited MBA programs offered in Montana, 3 of them have been recognized by at least one distinguished publication (MBAGuide) garnering an award as one of the best MBA programs in the country.

Montana schools have earned a total of 3 Best MBA awards from publications. Here are the top MBA schools and the number of awards the each program has garnered:

  • Montana State University-Billings: 1
  • Montana State University: 1
  • University of Montana: 1

Publications and the number of awards granted for Montana schools:

  • MBAGuide: 3

Salaries for MBA Graduates in MontanaSalaries for MBA Graduates in Montana

While the average starting salary for graduates of an in-person MBA program in Montana is about $70,339, the lowest average MBA starting salary is $70,339 from University of Montana, and the highest average MBA starting salary is $70,339 from University of Montana.

The average starting salary for graduates of an Online MBA program from an institution in Montana is between $70,339 from University of Montana and $70,339 from University of Montana. The average starting MBA salary for graduates of online MBA programs within Montana is $70,339.

In-Person

  • Average: $70,339 from Montana's 3 In-Person MBA Programs
  • Lowest In-Person: $70,339 from University of Montana
  • Highest In-Person:$70,339 from University of Montana

Online

  • Average: $70,339 from Montana's 1 Online MBA Programs
  • Lowest Online: $70,339 from University of Montana
  • Highest Online: $70,339 from University of Montana

10 Highest Salaries for MBA Graduates in Montana

  1. University of Montana - $70,339.00

10 Lowest Salaries for MBA Graduates in Montana

  1. University of Montana - $70,339.00

Tuition for MBA Programs in MontanaTuition for MBA Programs in Montana

If you plan on attending an MBA program, it's best to start thinking about fiscal responsibility. A prospective B-Student needs to weigh their tuition options. An AACSB-accredited MBA program can pave the way for a great starting salary or career advancement. An online MBA program can provide the flexibility of completing a program while being employed in your respective career.

While the average in-person MBA program in Montana will cost about $16,544, the least expensive MBA program is $13,718 from University of Montana, and the most expensive is $19,370 from Montana State University-Billings.

An Online MBA program from an institution in Montana will cost you between $13,718 from University of Montana and $13,718 from University of Montana. The average cost of online MBA programs within Montana is $13,718.

In-Person

  • Average: $16,544 from Montana's 3 in-person MBA Programs
  • Lowest in-person: $13,718 from University of Montana
  • Highest in-person: $19,370 from Montana State University-Billings

Online

  • Average: $13,718 from Montana's 1 online MBA Programs
  • Lowest online: $13,718 from University of Montana
  • Highest online: $13,718 from University of Montana

10 Most Expensive MBAs in Montana

  1. Montana State University-Billings - $19,370.00
  2. University of Montana - $13,718.00

10 Least Expensive MBAs in Montana

  1. University of Montana - $13,718.00
  2. Montana State University-Billings - $19,370.00

GMAT Scores Needed for MBA Programs in Montana

The Graduate Management Admission Test (GMAT) is a standardized examination used by MBA schools to assess their applicant pool. The test is strategically designed to measure an applicant’s analytical, verbal, writing and mathematical skills. The GMAT is used as a predictor of success in MBA programs and tests one’s ability to successfully handle the advanced quantitative and qualitative study of business and management.

While the average GMAT score needed for in-person MBA program in Montana is 487, the lowest average GMAT score is for an MBA program is 394 from Montana State University, and the highest GMAT score needed is 580 from University of Montana.

The average GMAT score needed for an online MBA program from an institution in Montana is between 580 from University of Montana to 580 from University of Montana. The average GMAT scored for online MBA programs within Montana is 580.

In-Person

  • Average: 487 from Montana's 3 in-person MBA Programs
  • Lowest in-person: 394 from Montana State University
  • Highest in-person: 580 from University of Montana

Online

  • Average: 580 from Montana's 1 online MBA Programs
  • Lowest online: 580 from University of Montana
  • Highest online: 580 from University of Montana

10 Highest GMAT Scores in Montana

  1. University of Montana - 580
  2. Montana State University - 394

10 Lowest GMAT Scores in Montana

  1. Montana State University - 394
  2. University of Montana - 580

 

Student Enrollment for Montana MBA ProgramsStudent Enrollment for Montana MBA Programs

The importance of networking, whether it's by way of campus job fairs, student organization members, or faculty mentorship, should not be understated. The average MBA enrollment size has a direct impact on your studies, your job prospects, and your ability to define your career goals.

Every B-School has a strategy behind their enrollment sizes. If a prospective B-Student is looking for networking opportunities, wants to attend job fairs, and plans on joining student organizations, B-School enrollment size plays an important role in the decision making process. For the B-Student interested in the smaller cohort-style classroom experience and thrive with face-to-face collaboration with their professors, a manageable enrollment size is the preferred option.

For Montana state's MBA programs, the range for full-time enrollment is between 20 and 20. For part-time enrollment, the range is between 9 and 9.

In Person

  • Lowest: 20 from Montana State University
  • Highest: 20 from Montana State University
  • Average: 20 from Montana's 3 MBA Programs.
  • Average: 243 from 876 the nation's campus MBA Programs.

Online

  • Lowest: N/A from N/A
  • Highest: N/A from N/A
  • Average: N/A from Montana's 1 MBA Programs.
  • Average: 199 from 324 nation's online MBA Programs.

10 Schools with the Highest Student Enrollment in Montana

  1. Montana State University - 20

10 Schools with the Lowest Student Enrollment in Montana

  1. Montana State University - 20

Percent of Global MBA Student Population

The MBA programs in the United States are coveted around the world and attract a healthy percentage of global students each year. A culturally diverse student population is especially important in an ever-changing global economy. With increasing globalization, a well diversified student body from outside the United States can provide much needed global world-view as well as valuable networking opportunities.

In Montana the percentage of students from the United States varies from a low of N/A to a high of N/A.

For online programs in  Montana the percentage of students from the United States varies from a low of N/A to a high of N/A.

In Person

  • Lowest: N/A from N/A
  • Highest: N/A from N/A
  • Average: N/A from Montana's 3 in-person MBA Programs.
  • Average: 75% from 590 nation's in-person MBA Programs.

Online

  • Lowest: N/A from N/A
  • Highest: N/A from N/A
  • Average: N/A from Montana's 1 online MBA Programs.
  • Average: 76% from 324 nation's online MBA Programs.

MBA Concentrations Available from MBA Programs in MontanaMBA Concentrations Available from MBA Programs in Montana

Highly competitive B-Schools recruit part-time and full-time professors that are both academic and industry influencers. They are the subject matter experts in their respective concentrations. To meet the diverse needs of Montana businesses, MBA programs here have risen to the challenge by offering you an array of more than 17 MBA concentrations including:

  • Accounting: 3
  • Finance: 3
  • General Business: 3
  • Marketing: 3
  • Data Analytics: 2
  • Management: 2
  • Leadership: 1
  • Real Estate: 1
  • Quantitative Methods: 1
  • Information Systems: 1

Here are the top schools offering the widest variety of concentrations to choose from:

  • University of Montana: 16
  • Montana State University-Billings: 6
  • Montana State University: 5

Student / Faculty Ratio for MBA Programs in Montana Student / Faculty Ratio for MBA Programs in Montana

Quality MBA programs invest in the number of professors relative to the students attending the program. Commonly known as the Student Faculty ratio. Generally, the lower the ratio, the better it is for students. MBA students will get the personalized one-on-one attention from faculty mentors that have extensive experience in the industry. The Student/Faculty metric is a matter of personal preference and for those students who excel in lecture hall environments, you may not need the low student/faculty ratio.

In Montana the student faculty ratio for MBA programs ranges from the lowest (best) of 12:25 the highest (less desirable) of 177:50. For online MBA programs thee student faculty ratio for MBA programs ranges from the lowest (best) of 177:50 the highest (less desirable) of 177:50.

In Person

  • Lowest: 12:25 from Montana State University
  • Highest: 177:50 from University of Montana
  • Average: 2:1 from Montana's 3 MBA Programs.
  • Average: 129:50 from 590 the nation's campus MBA Programs.

Online

  • Lowest: 177:50 from University of Montana
  • Highest: 177:50 from University of Montana
  • Average: 177:50 from Montana's 1 MBA Programs.
  • Average: 249:100 from 324 nation's online MBA Programs.

10 Programs with the Highest Student Faculty Ratio

  1. University of Montana - 177:50
  2. Montana State University - 12:25

10 Programs with the Lowest Student Faculty Ratio

  1. Montana State University - 12:25
  2. University of Montana - 177:50

Full-Time Faculty

Highly competitive MBA schools recruit part-time and full-time professors that are both academics and industry influencers. They are the subject matter experts in their respective field. Most business professors have experienced success in the corporate world and have written extensively in their chosen field. The number of highly-qualified full-time faculty is directly related to the reputation of most elite MBA programs.

The number of full-time faculty for MBA programs in Montana ranges from a low of 12 professors to a high or 31.

  • Lowest: 12 from Montana State University-Billings
  • Highest: 31 from Montana State University
  • Average: 24 from Montana's 3 MBA Programs
  • Average: 65 from 324 Online MBA Programs

Percent of Faculty with a PhD

Another high-level perspective to consider when determining the quality of an MBA faculty is to note the number of faculty who have earned a PhD in their respective area of excellence. Note to writer - create a fuller amount of content for this section.

In Montana MBA programs range from 77.40% of the faculty having a PhD to a 93.50% of the MBA faculty having a PhD.

  • Lowest: 77% from Montana State University
  • Highest: 94% from University of Montana
  • Average: 85% from Montana's 3 MBA Programs
  • Average: 83% from 324 Online MBA Programs

 

The Importance of MBA Accreditation The Importance of MBA Accreditation

The importance of accreditation can't be underestimated. For many, knowing your school is accredited by the AACSB and regionally accredited by the US Department of Education is enough assurance that you will receive a quality education, where credits are more likely to transfer, and you will be qualified for loans, grants, and scholarships.

AACSB accreditation is considered to be the gold standard in business school credentialing. Established to promote high-quality business education in the U.S., AACSB members developed a stringent accreditation process. Members are held accountable for following an established business education framework set forth by the AACSB. With that comes MBA degrees conferrals that are widely recognized by Fortune 500 companies. This results in lucrative job opportunities.

Cities in Montana with Accredited MBA Programs

Looking for a particular city in Montana with an accredited MBA program? Research and compare MBA programs from other cities in Montana. Find online programs, programs by concentration, by average GMAT score and more. The following is a list of cities in Montana with accredited MBA programs: Billings, Bozeman and Missoula.

Table of Best Ranked MBA Programs in Montana

Rank University College Name Also Ranked By Based In Online
1 University of Montana University of Montana College of Business Missoula, MT Yes
2 Montana State University College of Business Bozeman, MT No
3 Montana State University-Billings College of Business Billings, MT No

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MBAGuide

University of Montana MBA from MT

RANKED 1

University of Montana

University of Montana College of Business

  • 32 Campus Drive, Missoula, MT - 59812
  • University of Montana

  • Institution
    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 65
  • MBA Concentrations Offered: Accounting, Actuarial Science, Data Analytics, Enterpreneurship, Entrepreneurship, Finance, General Business, Information Systems, Insurance, International Business, Leadership, Management, Marketing, Quantitative Methods, Real Estate and Supply Chain
  • Offered As: 1-Year, Campus, Full-Time, Online, Part-Time and Partnership

  • MBA Student Population
    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:
  • Average GMAT Score: 580
  • MBA Faculty
    Full-Time Faculty: 28
  • Full- and Part-time Faculty: 3,525
  • Student / Faculty Ratio: 4:1
  • Participating Faculty: 42
  • Supporting Faculty: 15
  • Faculty with Doctoral Degree: 94%

  • MBA Tuition & Fees
    In-State Tuition: $13,718
  • Out-of-State Tuition: $34,224
  • Out-of-Country Tuition: $34,224

  • MBA Program Ranking(s)
    Ranked by: MBAGuide

  • Social Links
    Facebook, Linkedin and Twitter
Montana State University MBA from MT

RANKED 2

Montana State University

College of Business

  • 412 Reid Hall, Bozeman, MT - 59717-0306
  • Montana State University

  • Institution
    Institution Control: Public
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred: 29
  • MBA Concentrations Offered: Accounting, Finance, General Business, Healthcare Administration and Marketing
  • Offered As: Campus, Full-Time and Part-Time

  • MBA Student Population
    Full-time Enrollment: 20
  • Part-time Enrollment: 9
  • Students from the US:
  • Average GMAT Score: 394
  • MBA Faculty
    Full-Time Faculty: 31
  • Full- and Part-time Faculty: 38
  • Student / Faculty Ratio: 0:1
  • Participating Faculty: 39
  • Supporting Faculty: 23
  • Faculty with Doctoral Degree: 77%

  • MBA Tuition & Fees
    In-State Tuition:
  • Out-of-State Tuition:
  • Out-of-Country Tuition:

  • MBA Program Ranking(s)
    Ranked by: MBAGuide

  • Social Links
    Facebook, Linkedin and Twitter
Montana State University-Billings MBA from MT

RANKED 3

Montana State University-Billings

College of Business

  • McDonald Hall Room 300, Billings, MT - 59101-0245
  • Montana State University-Billings

  • Institution
    Institution Control: Public
  • AACSB Accreditation: Business
  • Academic Year: Semester

  • MBA Program
    MBA Degrees Conferred:
  • MBA Concentrations Offered: Accounting, Data Analytics, Finance, General Business, Management and Marketing
  • Offered As: Campus and Full-Time

  • MBA Student Population
    Full-time Enrollment:
  • Part-time Enrollment:
  • Students from the US:
  • Average GMAT Score:
  • MBA Faculty
    Full-Time Faculty: 12
  • Full- and Part-time Faculty: 1,425
  • Student / Faculty Ratio:
  • Participating Faculty: 20
  • Supporting Faculty: 10
  • Faculty with Doctoral Degree: 83%

  • MBA Tuition & Fees
    In-State Tuition: $19,370
  • Out-of-State Tuition:
  • Out-of-Country Tuition:

  • MBA Program Ranking(s)
    Ranked by: MBAGuide

  • Social Links
    Facebook, Linkedin and Twitter

Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.

Find: MBA Programs in Montana | Online MBA Programs in Montana Rankings: MBA Program Rankings | Online MBA Program Rankings Guides: Guide to Earning an Online MBA | Guide to Earning an MBA Concentrations: Online MBA Concentrations | Campus MBA Concentrations

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