MBA Programs in Wisconsin Overview

Wisconsin professionals hoping to bolster their careers or start a new business can consider enrolling in one of the state's many MBA programs. Learn about tuition, careers, and more.
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Published on September 6, 2023
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Although known as "America's Dairyland," Wisconsin has more than gorgeous landscapes and a rich cultural heritage to offer workers. Aspiring entrepreneurs and employees looking to pursue higher-paying positions in business can consider enrolling in one of Wisconsin's many master of business administration (MBA) programs.

Pursuing an MBA in this state can be a transformative career move, providing professionals with a competitive edge in key industries such as manufacturing, healthcare, and technology. Cities like Milwaukee, Madison, and Green Bay, have abundant opportunities for MBA graduates to thrive in executive roles, consulting, entrepreneurship, and finance.

Explore this page to uncover top MBA programs, career prospects, and expert advice tailored to Wisconsin's dynamic business environment. Discover how an MBA can propel your professional growth in the heart of the Midwest.

Wisconsin at a Glance
Population 5,895,908
Climate Average Annual Temperature: 43.1 F | Annual Precipitation: 32.6 inches
Number of Higher Learning Institutions 31
Per Capita Income $36,754
Fortune 500 Companies 8
Sources: U.S. Census, Current Results, NCES, Statista

Popular Online MBA Programs

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

3 Wisconsin MBA Programs

University of Wisconsin, Madison

The University of Wisconsin, Madison, is a prestigious public research university noted for its comprehensive curriculum. Its MBA program has a 41% acceptance rate with a recent enrollment of 71 students. Tuition varies based on residency, with Wisconsin residents paying about $26,265, and non-residents paying $49,913.

Wisconsin School of Business

The UW's MBA Program offers students a distinctive, hands-on learning experience. The program stands out with its distinguished faculty, cutting-edge facility, and unparalleled project/internship opportunities, providing students with a chance to apply their classroom learning in real-world scenarios.

The program requires students to complete a capstone project, fostering innovation and strategic thinking. Networking benefits are substantial, with robust alumni engagement and strong graduate employment statistics. Credit requirements and program length vary based on specialization, offering flexibility to suit individual career goals. The program is primarily campus-based, providing an immersive educational experience in a vibrant academic environment.

Wisconsin's MBA Specializations

Technology Strategy and Product Management | Brand and Marketing Management | Analytics and Insights | Technology Product Marketing | Corporate Finance and Investment Banking | Supply Chain Management | Strategic Human Resource Management | Real Estate | Risk Management and Insurance | Applied Security Analysis

Applying to UW

The application process for the University of Wisconsin-Madison's MBA program requires applicants to submit an online application, transcripts, GMAT/GRE scores (waivers available), a resume, essays, and recommendations. An interview is also part of the admission process.

Marquette University

Marquette University is a private, Jesuit institution in Milwaukee, Wisconsin. The comprehensive tuition and fees for the class of 2024 is $79,500, covering textbooks, parking, an international trip, a tablet computer, meals, and more.

Marquette Graduate School of Management

The Marquette University Graduate School of Management offers a comprehensive MBA program that stands out for its inclusiveness and value. This program prides itself on providing students with reputable faculty, experience-building internship opportunities, and more.

The all-inclusive fee covers a variety of resources including an international trip, further enhancing students' global business perspectives. The program's robust network affords graduates promising career outcomes. Specific graduation requirements, program length, and delivery formats can vary based on a student's specialization. Potential applicants can learn more by calling the admissions office or visiting the program's website.

Marquette's MBA Specializations

Accounting | Financial Management | Healthcare Management | Human Resources Management | Supply Chain Management | Law Enforcement Executive Management

Applying to MU

Applying to Marquette University's Graduate School of Management involves a three-step process: submitting an online application, paying a $50 application fee (waived for certain applicants), and providing necessary documentation like transcripts, essays, and test scores.

Concordia University Wisconsin

Concordia University Wisconsin is a private institution with a student body of just under 8,000 learners. The tuition for the MBA program is $25,164.

Concordia School of Business

The Concordia School of Business offers an MBA program known for its robust curriculum and highly experienced faculty. This program boasts a unique blend of theoretical knowledge and practical skills, preparing students to tackle real-world business challenges. Emphasizing ethical leadership and Christian values, Concordia stands out for its commitment to personal growth alongside professional development.

The program also features extensive networking opportunities, both on campus and through strong ties with the local business community. Details regarding program length, delivery format, and credit requirements will be unique to each student and their chosen path, however 36 credits are needed to complete the program.

Concordia's MBA Specializations

Accounting | Communications and Public Relations | Finance | Healthcare Administration | Human Resource Management | Innovation and Entrepreneurship | Leadership | Management | Management Information Systems | Nonprofit Management and Public Relations | Operations Management and Analytics | Research for Business Applications | Strategic Marketing | Sustainability

Applying to CUW

To apply to Concordia University Wisconsin's MBA program, prospective students must submit an online application, pay the associated application fee, provide official transcripts from all attended institutions, and present two letters of recommendation. Additional requirements may apply depending on the specific program track chosen.

Why Go to a Wisconsin Business School?

Wisconsin offers a compelling destination for graduate business education. Earning an MBA in this state provides unique advantages such as a robust business landscape and a strong entrepreneurial culture. With a rich history of industry and education, Wisconsin has fostered a thriving environment for business and innovation.

The state boasts a significant number of students enrolled in higher education programs, reflecting the commitment to academic excellence. Wisconsin has implemented education reforms and initiatives to enhance the quality of education and meet the evolving demands of the business world. Scholarships and financial aid opportunities are available to support students pursuing their MBA aspirations.

Networking within the state can be highly advantageous, especially for job opportunities and career growth, particularly in sectors experiencing high demand. Students in Wisconsin business schools can expect to benefit from a vibrant and supportive business community, experienced faculty, state-of-the-art resources, and a collaborative learning environment.

Accreditation for Wisconsin Schools

Attending an accredited school is crucial for ensuring a quality education and recognition by employers and other institutions. Institutional accreditation validates the overall quality and integrity of the school, while programmatic accreditation focuses on specific programs or disciplines. It is important to look for institutions accredited by reputable agencies such as the Higher Learning Commission (HLC).

The HLC is responsible for evaluating and accrediting colleges and universities in the Midwest region, including Wisconsin, to ensure they meet rigorous educational standards.

Paying for Your MBA Degree

There are various financing options available when pursuing an MBA in Wisconsin. Financial aid, such as scholarships, fellowships, grants, and loans, can help offset the costs. Exploring federal and private loan options is essential. Additionally, Wisconsin may offer unique financing opportunities, such as state-specific scholarships or tuition reimbursement programs through employers.

It's crucial to thoroughly research and take advantage of these resources to make your MBA program more affordable. Consulting with the financial aid offices of the respective institutions can provide further guidance on available financing options, eligibility criteria, and application processes.

In-State Versus Out-of-State Tuition

When considering tuition rates, it's important to understand the differences between in-state and out-of-state rates for universities in Wisconsin. Out-of-state students typically pay higher tuition than in-state students. However, some schools in Wisconsin may offer tuition breaks or waivers for out-of-state students to make education more affordable and attract a diverse student population.

Additionally, Wisconsin participates in regional reciprocity agreements, such as the Midwest Student Exchange Program (MSEP) and the Midwest Higher Education Compact, which allow students from participating states to receive reduced tuition rates when attending Wisconsin colleges and universities. Prospective students should explore these agreements and consult with the respective institutions to determine eligibility and the specific benefits available.

Cost of Living in Wisconsin

When planning for education in Wisconsin, it's essential to consider the cost of living, as it directly affects your budget. Wisconsin's cost of living index score is 95 versus the national baseline of 100. A lower score suggests a lower cost of living, enabling students to allocate their resources effectively.

The cost of living index takes into account factors such as housing, transportation, groceries, and healthcare expenses. By understanding the cost of living, students can make informed decisions about their educational and living expenses while attending school in Wisconsin.

Careers for MBA Graduates in Wisconsin

MBA graduates in Wisconsin can expect a promising career landscape within the state's diverse economy. Nationally, the demand for professionals with MBA degrees continues to grow across various industries. In Wisconsin, major industries such as manufacturing, healthcare, finance, and technology present significant opportunities for MBA graduates. The state's strong manufacturing sector, driven by industries like machinery, food processing, and transportation equipment, creates a need for business leaders with strategic management skills.

Wisconsin's healthcare industry, including hospitals, health systems, and biotechnology companies, offers leadership roles in healthcare administration and operations. The finance sector in cities like Milwaukee provides opportunities in banking, investment management, and corporate finance. Additionally, the state's emerging technology sector contributes to the demand for MBA graduates in areas such as information technology management and data analytics.

Top regions within Wisconsin, including Milwaukee, Madison, and Green Bay, serve as major hubs for business and industry, offering a concentration of job opportunities. The state's job outlook for MBA graduates remains positive, driven by continuous economic growth and the need for skilled business professionals. As you explore the sections below, you'll discover popular careers and industries where MBA graduates can thrive in Wisconsin.

Popular MBA Careers in Wisconsin

Product Manager

Product managers drive innovation and success by collaborating with teams, conducting market research, and overseeing product development and strategies, making them crucial in Wisconsin's manufacturing and technology sectors.

Job Outlook in Wisconsin (2020-2030): 7.9%

Financial Manager

Financial managers oversee financial operations, develop strategies for profitability, and ensure compliance, playing a vital role in Wisconsin's finance sector and diverse businesses.

Job Outlook in Wisconsin (2020-2030): 15.9%

Healthcare Administrator

Healthcare administrators manage operations, finances, and quality improvement in healthcare facilities, making them essential in delivering efficient healthcare services and improving patient outcomes in Wisconsin's robust healthcare industry.

Job Outlook in Wisconsin (2020-2030): 24.3%

MBA Salaries by Career
Career Wisconsin Employment Wisconsin Average Annual Salary National Average Annual Salary
Accountants and Auditors 25,070 $77,500 $86,740
Administrative Services Managers 4,550 $113,380 $115,640
Advertising and Promotions Managers 50 N/A $147,050
Budget Analysts 740 $79,010 $87,680
Chief Executives 4,060 $240,980 $246,440
Compensation, Benefits, and Job Analysis Specialists 1,660 $68,860 $75,920
Financial Analysts 4,250 $97,850 $108,790
Financial Managers 9,100 $145,740 $166,050
Fundraising Managers 250 $128,930 $124,450
General and Operations Managers 30,450 $135,930 $122,860
Management Analysts 11,540 $96,980 $104,660
Marketing Managers 2,240 $141,490 $158,280
Project Management Specialists 16,70 $95,020 $101,610
Public Relations Managers 510 $111,970 $150,030
Purchasing Managers 1,150 $118,500 $140,650
Sales Managers 5,940 $138,960 $150,530
Securities, Commodities, and Financial Services Sales Agents 5,690 $83,070 $100,740
Training and Development Managers 380 $120,680 $132,100

Questions About Wisconsin Business Schools

Does Wisconsin have a good business program?

Wisconsin boasts reputable business programs at various universities, offering quality education and opportunities for career growth.

Is it expensive to get an MBA in Wisconsin?

The cost of getting an MBA in Wisconsin can vary depending on the university and program, but it is generally more affordable compared to other states.

How hard is it to get into the UW business school?

Admission to UW's business school is competitive, and acceptance is based on several factors such as academic performance, test scores, work experience, and personal qualities.

What GPA do you need for UW business school?

The GPA requirement for the University of Wisconsin-Madison business school typically falls within the range of 3.0 to 3.5, but meeting the minimum GPA alone does not guarantee admission as other aspects of the application are also considered.

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BestColleges.com is an advertising-supported site. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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