Top MBA programs in Arizona

We rank the best MBA programs according to the economic return of graduating students. Our business ranking category includes more specific business degrees such as finance, accounting, marketing, and human resource management, all of which are accessible from the "additional ranking" filter.  

Our MBA rankings cover 812 of the 994 universities available, accounting for 93% of total student conferrals. Three years after completing their degree, graduates earn a weighted average salary of $68,748.

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#1 in Arizona | #103 in Business schools nationally

Arizona State University

Tempe, Arizona

Economic score: 0.27

The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Earnings: $105,146

Median earnings of all students 3 years after graduation.

EarningsPlus: + $38,583

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $45,261

The total debt accrued by the median student at the time of graduation.

Debt to earnings: 0.43

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

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High earnings. Affordable tuition.

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#2 in Arizona | #108 in Business schools nationally

University of Arizona

Tucson, Arizona

Economic score: 0.27

The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Earnings: $98,271

Median earnings of all students 3 years after graduation.

EarningsPlus: + $33,508

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $41,000

The total debt accrued by the median student at the time of graduation.

Debt to earnings: 0.42

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

#3 in Arizona | #290 in Business schools nationally

Northern Arizona University

Flagstaff, Arizona

Economic score: 0.40

The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Earnings: $70,433

Median earnings of all students 3 years after graduation.

EarningsPlus: + $6,218

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $30,750

The total debt accrued by the median student at the time of graduation.

Debt to earnings: 0.44

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

#4 in Arizona | #416 in Business schools nationally

Grand Canyon University

Phoenix, Arizona

Economic score: 0.49

The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Earnings: $66,703

Median earnings of all students 3 years after graduation.

EarningsPlus: - $275

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $32,660

The total debt accrued by the median student at the time of graduation.

Debt to earnings: 0.49

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

#5 in Arizona | #558 in Business schools nationally

University of Phoenix, Arizona

Phoenix, Arizona

Economic score: 0.68

The economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Earnings: $57,570

Median earnings of all students 3 years after graduation.

EarningsPlus: - $11,148

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $32,573

The total debt accrued by the median student at the time of graduation.

Debt to earnings: 0.57

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

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Aspen University

Phoenix, Arizona

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How long does it take to pay down debt in business administration in Arizona?

Years

Under a year

The average debt accrued from a master's degree in business administration is covered by average graduate earnings in under a year.

How much do graduates with master's degree in business administration earn in Arizona?

Salary

$64,586

The median master's degree in business administration graduate earns $64,586 3 years after graduating.

How much does a master's degree in business administration cost in Arizona?

Net cost

$15,890

The average annual cost of a master's degree in business administration is $15,890. This is the net cost and considers only students that have received Title IV funds.