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What is an MBA in Product Management?
List of Product Management MBA Programs by Tuition Costs
Find a list of on-campus, online, and hybrid MBA Product Management programs in the the United States. In-Person Product Management MBA programs account for 33 programs while online offerings account for 22 programs. Find Product Management MBA programs offered and sorted from lowest to highest tuition.
What is the Career Outlook for Product Management MBAs?
Employment for Product Management MBAs is projected to grow -5.5% percent nationwide from 2018 to 2028, with an average annual need for 16,800 new Product Managers a year until 2028, according to the US Department of Labor.
Area | 2018 | 2028 | Change | %Change | Avg. Annual Openings |
United States | 263,200 | 248,800 | -14,400 | -5.5 | 16,800 |
Alabama | 2,390 | 2,270 | -120 | -5 | 150 |
Alaska | 1,700 | 1,830 | 130 | 7.6 | 140 |
Arizona | 2,950 | 3,020 | 70 | 2.4 | 220 |
Arkansas | 3,250 | 3,250 | 0 | 0 | 230 |
California | 43,300 | 41,500 | -1,800 | -4.2 | 2,830 |
Colorado | 810 | 840 | 30 | 3.7 | 60 |
Connecticut | 1,490 | 1,420 | -70 | -4.7 | 100 |
Florida | 27,070 | 27,300 | 230 | 0.8 | 1,960 |
Georgia | 7,920 | 7,900 | -20 | -0.3 | 560 |
Hawaii | 1,430 | 1,330 | -100 | -7 | 90 |
Idaho | 2,870 | 3,130 | 260 | 9.1 | 30 |
Illinois | 12,070 | 11,060 | -1,010 | -8.4 | 720 |
Indiana | 5,340 | 5,020 | -320 | -6 | 340 |
Iowa | 3,700 | 3,430 | -270 | -7.3 | 230 |
Kansas | 5,020 | 4,720 | -300 | -6 | 320 |
Louisiana | 670 | 690 | 20 | 3 | 0 |
Maine | 1,220 | 1,090 | -130 | -10.7 | 70 |
Maryland | 4,520 | 4,320 | -200 | -4.4 | 420 |
Massachusetts | 10,480 | 9,700 | -780 | -7.4 | 640 |
Michigan | 4,430 | 4,020 | -410 | -9.3 | 260 |
Minnesota | 6,940 | 6,480 | -460 | -6.6 | 430 |
Mississippi | 1,250 | 1,290 | 40 | 3.2 | 0 |
Missouri | 6,010 | 5,650 | -360 | -6 | 380 |
Montana | 570 | 540 | -30 | -5.3 | 40 |
Nebraska | 1,330 | 1,300 | -30 | -2.3 | 90 |
Nevada | 1,220 | 1,250 | 30 | 2.5 | 90 |
New Hampshire | 820 | 790 | -30 | -3.7 | 50 |
New Jersey | 840 | 800 | -40 | -4.8 | 50 |
New York | 14,480 | 14,290 | -190 | -1.3 | 1,000 |
North Carolina | 5,040 | 4,890 | -150 | -3 | 340 |
North Dakota | 2,360 | 2,210 | -150 | -6.4 | 150 |
Ohio | 5,650 | 5,160 | -490 | -8.7 | 340 |
Oklahoma | 5,110 | 4,760 | -350 | -6.8 | 320 |
Oregon | 1,450 | 1,400 | -50 | -3.4 | 100 |
Pennsylvania | 9,500 | 8,880 | -620 | -6.5 | 590 |
Rhode Island | 420 | 390 | -30 | -7.1 | 30 |
South Carolina | 4,020 | 4,020 | 0 | 0 | 290 |
South Dakota | 1,300 | 1,320 | 20 | 1.5 | 90 |
Tennessee | 8,970 | 8,850 | -120 | -1.3 | 620 |
Texas | 7,220 | 7,440 | 220 | 3 | 540 |
Utah | 6,340 | 7,220 | 880 | 13.9 | 570 |
Vermont | 1,210 | 1,120 | -90 | -7.4 | 70 |
Virgin Islands | 160 | 160 | 0 | 0 | 10 |
Virginia | 7,620 | 7,330 | -290 | -3.8 | 500 |
Washington | 4,120 | 4,810 | 690 | 16.7 | 460 |
West Virginia | 1,280 | 1,220 | -60 | -4.7 | 80 |
Wisconsin | 6,880 | 6,370 | -510 | -7.4 | 420 |
What is the Starting Salary for Product Management MBAs?
Average starting salary for MBA students from universities that offer an MBA in Product Management today is $82,784.23 with the lowest of starting of $55,955.00 and the highest reported starting salary of $126,250.00.
10 Highest Starting Salaries
- Carnegie Mellon University - $126,250.00
- Emory University - $117,719.00
- Meredith College - $112,012.00
- Lawrence Technological University - $110,000.00
- New York University - $108,053.00
- Stevens Institute of Technology - $106,000.00
- Regis University - $105,000.00
- University of Wisconsin Oshkosh - $105,000.00
- International Technological University - $96,180.00
- University of Hartford - $94,500.00
10 Lowest Starting Salaries
- University of Southern Indiana - $55,955.00
- Colorado Christian University - $60,500.00
- University of Louisiana at Lafayette - $62,075.00
- University of Colorado Colorado Springs - $63,000.00
- University of Houston-Downtown - $63,686.00
- East Carolina University - $64,364.00
- Post University - $65,000.00
- Albertus Magnus College - $65,200.00
- Saint Xavier University - $66,200.00
- Southern Illinois University Edwardsville - $68,000.00
Product Management Earnings by State and Experience
According to data collected by the U.S. Bureau of Labor Statistics, top executives pay and employment in 2021 is listed in the table below.
State | Employment | 1 to 4 Years | 5 to 9 Years | 10 to 15 Years | 15 to 20 Years | 20+ Years |
Alabama | 1,160 | $49,480 | $97,930 | $161,290 | $266,129 | $401,854 |
Alaska | 1,080 | $66,800 | $104,970 | $143,070 | $228,912 | $345,657 |
Arizona | 3,290 | $67,640 | $100,710 | $158,440 | $253,504 | $382,791 |
Arkansas | 1,950 | $30,140 | $65,020 | $112,360 | $171,690 | $259,252 |
California | 30,150 | $88,330 | $137,840 | $137,840 | $220,544 | $333,021 |
Colorado | 660 | $86,040 | $129,080 | $182,030 | $291,248 | $439,784 |
Connecticut | 570 | $148,670 | $181,520 | $181,520 | $290,432 | $438,552 |
District of Columbia | 1,570 | $138,960 | $184,850 | $184,850 | $295,760 | $446,598 |
Florida | 22,030 | $57,340 | $103,170 | $182,900 | $292,640 | $441,886 |
Guam | 300 | $30,510 | $64,050 | $103,580 | $152,580 | $230,396 |
Hawaii | 560 | $80,740 | $137,090 | $137,090 | $219,344 | $331,209 |
Illinois | 9,430 | $99,230 | $151,350 | $151,350 | $242,160 | $365,662 |
Indiana | 2,270 | $50,330 | $95,850 | $145,770 | $233,232 | $352,180 |
Kansas | 3,160 | $33,570 | $96,530 | $144,060 | $230,496 | $348,049 |
Kentucky | 2,710 | $64,060 | $96,460 | $135,720 | $217,152 | $327,900 |
Louisiana | 710 | $83,240 | $134,570 | $194,250 | $310,800 | $469,308 |
Maine | 1,130 | $73,320 | $91,400 | $116,270 | $196,060 | $296,051 |
Maryland | – | $70,650 | $127,700 | $197,770 | $316,432 | $477,812 |
Massachusetts | 7,190 | $103,100 | $147,440 | $231,481 | $370,369 | $559,258 |
Michigan | 2,710 | $92,190 | $138,280 | $138,280 | $221,248 | $334,084 |
Minnesota | 5,420 | $91,430 | $129,540 | $181,550 | $290,480 | $438,625 |
Mississippi | 740 | $41,780 | $84,850 | $114,160 | $158,090 | $238,716 |
Missouri | 4,540 | $44,860 | $97,760 | $157,430 | $251,888 | $380,351 |
Montana | 360 | $36,530 | $74,810 | $121,250 | $193,900 | $292,789 |
Nebraska | 1,580 | $73,510 | $110,460 | $187,180 | $299,488 | $452,227 |
Nevada | 1,370 | $64,400 | $125,530 | $191,430 | $306,288 | $462,495 |
New Hampshire | 630 | $87,210 | $107,680 | $150,470 | $240,752 | $363,536 |
New Jersey | 980 | $128,090 | $185,350 | $233,350 | $373,359 | $563,772 |
New York | 7,280 | $94,670 | $126,250 | $198,213 | $317,140 | $478,881 |
North Carolina | 3,070 | $81,520 | $135,660 | $212,986 | $340,778 | $514,575 |
North Dakota | 220 | $84,420 | $109,350 | $129,040 | $206,330 | $311,558 |
Ohio | 4,940 | $67,380 | $110,020 | $175,520 | $280,832 | $424,056 |
Oklahoma | 2,870 | $41,400 | $78,220 | $125,880 | $201,408 | $304,126 |
Oregon | 970 | $98,870 | $160,210 | $251,530 | $402,448 | $607,696 |
Pennsylvania | 7,010 | $110,390 | $149,680 | $234,998 | $375,996 | $567,754 |
Puerto Rico | 2,940 | $42,520 | $63,830 | $97,490 | $150,530 | $227,300 |
Rhode Island | 330 | $124,390 | $165,010 | $259,066 | $414,505 | $625,903 |
South Carolina | 3,460 | $24,630 | $100,450 | $169,500 | $271,200 | $409,512 |
South Dakota | 470 | $151,970 | $197,130 | $309,494 | $495,191 | $747,738 |
Tennessee | 9,450 | $26,360 | $76,640 | $151,960 | $243,136 | $367,135 |
Texas | 6,730 | $115,500 | $165,290 | $259,505 | $415,208 | $626,965 |
Utah | 5,470 | $34,430 | $81,720 | $146,930 | $235,088 | $354,983 |
Vermont | 630 | $57,410 | $90,940 | $131,090 | $209,744 | $316,713 |
Virginia | 6,480 | $98,060 | $177,980 | $279,429 | $447,086 | $675,099 |
Washington | 2,660 | $138,120 | $180,100 | $282,757 | $452,411 | $683,141 |
West Virginia | 990 | $73,990 | $100,970 | $139,330 | $207,810 | $313,793 |
Wisconsin | 3,230 | $88,360 | $112,090 | $160,130 | $256,208 | $386,874 |
Wyoming | 110 | $28,240 | $40,560 | $123,790 | $198,064 | $299,077 |
What is the Difference Between a Product Manager and a Project Manager?
What Can I Do With an MBA in Product Management?
What Skills Do I Need to be Successful In Product Management?
What Typical Classes Will I Take in My Product Management MBA Program?
How Much is Tuition for MBA Product Management Programs
The average Tuition for an MBA in Product Management is $49,524.30 with a highest of $162,991.00 and the lowest of $6,900.00
10 Most Expensive Product Management MBAs
- New York University - $162,991.00
- Carnegie Mellon University - $141,812.00
- Emory University - $138,248.00
- Rochester Institute of Technology - $98,980.00
- Stevens Institute of Technology - $63,726.00
- San Diego State University - $49,000.00
- Lawrence Technological University - $46,800.00
- Saint Xavier University - $38,961.00
- Gonzaga University - $33,495.00
- The University of Texas at San Antonio - $32,984.00
10 Least Expensive Product Management MBAs
- Fayetteville State University - $6,900.00
- California State University, Chico - $8,800.00
- University of Southern Indiana - $11,783.00
- University of North Alabama - $13,600.00
- East Carolina University - $18,072.00
- University of Houston-Downtown - $18,147.00
- University of Wisconsin-Whitewater - $19,440.00
- University of Wisconsin Oshkosh - $27,427.00
- University of Colorado Colorado Springs - $27,490.00
- Robert Morris University - $31,830.00
GMAT Scores Needed for an MBA in Product Management?
The lowest GMAT score needed for a Product Management MBA is 400 and the highest is 710 with an average GMAT score to be accepted in a Product Management MBA program is 524.
10 Highest GMAT Scores for Product Management MBAs
- New York University - 710
- Carnegie Mellon University - 687
- Emory University - 626
- San Diego State University - 621
- The University of Texas at San Antonio - 600
- Robert Morris University - 570
- Stevens Institute of Technology - 570
- California State University, Chico - 565
- University of Colorado Colorado Springs - 560
- University of Wisconsin-Whitewater - 548
10 Lowest GMAT Scores for Product Management MBAs
- Northcentral University - 400
- Saint Xavier University - 400
- University of North Alabama - 445
- Spring Hill College - 450
- University of Louisiana at Lafayette - 450
- Lawrence Technological University - 450
- Fayetteville State University - 475
- International Technological University - 490
- University of Southern Indiana - 495
- Palm Beach Atlantic University - 500
Student / Faculty Ratio for MBA Programs in Product Management
The lowest student faculty ratio from a Product Management MBA program is 3:10 while the highest ratio is 721:100, and the average from all MBA programs is 23:10.
10 Product Management Programs with the Highest Student Faculty Ratio
- Emory University - 7
- Stevens Institute of Technology - 7
- San Diego State University - 4
- Rochester Institute of Technology - 3
- University of North Alabama - 3
- The University of Texas at San Antonio - 2
- University of Southern Indiana - 2
- East Carolina University - 2
- University of Wisconsin-Whitewater - 2
- University of Colorado Colorado Springs - 1
10 Product Management Programs with the Lowest Student Faculty Ratio
- Robert Morris University - 0
- Carnegie Mellon University - 0
- New York University - 1
- University of Wisconsin Oshkosh - 1
- California State University, Chico - 1
- University of Colorado Colorado Springs - 1
- University of Wisconsin-Whitewater - 2
- University of Southern Indiana - 2
- East Carolina University - 2
- The University of Texas at San Antonio - 2
Student Enrollment Information for MBA Programs in Product Management
The MBA program with the lowest student enrollment that offers an MBA in Product Management is 2 from Lawrence Technological University. The MBA program with the highest student enrollment offering an MBA in Product Management is Highest: 668 from New York University. The average student enrollment from all universities that offer an MBA in Product Management is 214.
10 MBA Product Management Programs with the Highest Student Enrollment
- New York University - 668
- Stevens Institute of Technology - 617
- The University of Texas at San Antonio - 600
- Emory University - 506
- Carnegie Mellon University - 378
- Rochester Institute of Technology - 302
- East Carolina University - 287
- University of North Alabama - 189
- University of Wisconsin-Whitewater - 66
- University of Southern Indiana - 59
10 MBA Product Management Programs with the Lowest Student Faculty Ratio
- Lawrence Technological University - 2
- University of Louisiana at Lafayette - 13
- University of Hartford - 14
- University of Wisconsin Oshkosh - 14
- San Diego State University - 21
- Meredith College - 26
- Saint Xavier University - 34
- California State University, Chico - 47
- University of Southern Indiana - 59
- University of Wisconsin-Whitewater - 66
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