Best Online MBA Programs in Melrose, MA (2026)

Melrose, Massachusetts has 5 accredited schools offering mba programs, with tuition ranging from $6,168 to $34,072 per year for indexed programs. Melrose has a population of about 29,488. Median household income is $126,854 (Census ACS 2023, 5-year). About 62.0% of adults 25+ hold a bachelor’s degree or higher. In the Boston-Cambridge-Newton, MA-NH metro area, the top-earning mba-related role is Marketing Manager at a median $213,910 annually (BLS OEWS, May 2025).


Closest MBA Schools to Melrose

The accredited institutions listed below are the closest in our directory that offer mba programs near Melrose, ranked by BOC Score and straight-line distance from Melrose city center. The list is rebuilt from federal IPEDS data on every site update.

How We Rank Schools

Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:

  • Graduation rate 30%
  • Median earnings, 10 years after entry 25%
  • Average net price (lower is better) 20%
  • Retention rate 15%
  • Fully online availability 10%

Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Melrose. Advertising never affects these rankings. Read the full methodology.

#1

Tufts University

Medford, MA 3.5 miles from Melrose BOC Score 77.9
  • 4 year
  • Campus + Online
Graduation rate 94%
Median earnings, 10 yrs after entry $83,214
Avg net price $39,998/yr
TuitionContact school for pricing
Key stats
  • Retention rate: 96%
  • Programs offered: 28

Source:IPEDSCollege Scorecard

#2

Cambridge College

Boston, MA 5.2 miles from Melrose BOC Score 35.9
  • 4 year
  • Campus + Online
  • Accredited
Graduation rate 40%
Median earnings, 10 yrs after entry $45,998
Avg net price $31,072/yr
Tuition
In‑state$18,378
Out‑of‑state$18,378
Contact
Key stats
  • Retention rate: 83%
  • Programs offered: 27

Source:Accreditor: New England Commission on Higher EducationIPEDSCollege Scorecard

#3

Hult International Business School

Cambridge, MA 5.9 miles from Melrose BOC Score 52.6
  • 4 year
  • Campus + Online
Graduation rate 68%
Avg net price $45,447/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 76%
  • Programs offered: 5

Source:IPEDSCollege Scorecard

#4

Lesley University

Cambridge, MA 6.0 miles from Melrose BOC Score 46.7
  • 4 year
  • Campus + Online
Graduation rate 61%
Median earnings, 10 yrs after entry $51,173
Avg net price $31,152/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 75%
  • Programs offered: 39

Source:IPEDSCollege Scorecard

#5

Harvard University

Cambridge, MA 6.4 miles from Melrose BOC Score 90.2
  • 4 year
  • Campus + Online
Graduation rate 98%
Median earnings, 10 yrs after entry $101,817
Avg net price $19,066/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 98%
  • Programs offered: 38

Source:IPEDSCollege Scorecard

#6

Suffolk University

Boston, MA 6.8 miles from Melrose BOC Score 59.9
  • 4 year
  • Campus + Online
Graduation rate 65%
Median earnings, 10 yrs after entry $67,506
Avg net price $29,618/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 75%
  • Programs offered: 39

Source:IPEDSCollege Scorecard

#7

Massachusetts Institute of Technology

Cambridge, MA 6.9 miles from Melrose BOC Score 79.6
  • 4 year
Graduation rate 96%
Median earnings, 10 yrs after entry $143,372
Avg net price $20,111/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 99%
  • Programs offered: 8

Source:IPEDSCollege Scorecard

#8

Fisher College

Boston, MA 7.0 miles from Melrose BOC Score 29.4
  • 4 year
  • Campus + Online
Graduation rate 36%
Median earnings, 10 yrs after entry $49,669
Avg net price $26,649/yr
TuitionContact school for pricing
Contact
Key stats
  • Retention rate: 55%
  • Programs offered: 20

Source:IPEDSCollege Scorecard

Source: IPEDS / College Scorecard (2023 cohort). Browse all Massachusetts schools on the Massachusetts mba page.


MBA Wages Near Melrose

Melrose is part of the Boston-Cambridge-Newton, MA-NH metro area (BLS area code 14460). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Massachusetts statewide.

OccupationMedian WageSourceCOL-Adjusted (US=100)
General and Operations Manager$133,800Boston-Cambridge-Newton, MA-NH$123,546
Financial Manager$209,780Boston-Cambridge-Newton, MA-NH$193,703
Marketing Manager$213,910Boston-Cambridge-Newton, MA-NH$197,516
Management Analyst$135,640Boston-Cambridge-Newton, MA-NH$125,245

Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.


Melrose at a Glance

MetricValueSource
Population29,488Census ACS 2023 5-yr (B01003)
Median household income$126,854Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+62.0%Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)108.3 (above U.S. average)BEA RPP 2024

Other Melrose-Area Cities With MBA Programs


Frequently Asked Questions

How many accredited mba schools are near Melrose, MA?

Our directory has 5 accredited schools offering mba programs near Melrose. The closest is Tufts University in Medford, MA (3.5 miles), and the farthest of the schools shown is Lesley University (6.0 miles). 5 of the highlighted schools are flagged as offering distance education.

What are the highest-paying mba roles near Melrose?

Based on BLS OEWS May 2025 wage data, the top-paying mba-related roles near Melrose are: Marketing Manager ($213,910), Financial Manager ($209,780), Management Analyst ($135,640). These reflect MSA-level medians where published, with Massachusetts statewide fallback for occupations not reported at the metro level.

Should I look at programs in Malden instead of Melrose?

Malden, MA is 1.7 miles from Melrose and has its own set of local mba programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.

Is Melrose an affordable place to study mba?

Melrose’s median household income of $126,854 (Census ACS 2023) is one input. Online programs let students stay in Melrose while attending lower-cost out-of-state schools, and Massachusetts public universities often offer reduced in-state online tuition.

How do I verify a program is accredited?

Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.


Learn More About MBA Programs

Other Programs Available in Melrose

Compare every accredited online degree program with city-level data for Melrose:

Data verified: July 30, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.