MBA Programs in Ohio
Ohio's economy is recovering, according to Moody's Analytics, and the state's gross domestic product was on the rise in 2010, as CNN Money indicates. A number of business initiatives in the state are hoping to build on that growth. For example, the Ohio Third Frontier, a $700 million program that focuses on technology-based initiatives in the economy, is geared at helping existing businesses restructure to become more competitive in the global market.
The state is also sponsoring the ONE Fund, in partnership with Ohio State University's Center for Entrepreneurship at Fisher College of Business, to help link young entrepreneurs with industry experts and investors. Any of these opportunities could be advantageous to a graduate of one of the business programs in Ohio who is looking to put his or skills to work. Additionally, graduates could look for opportunities within some of the largest economic sectors in the state. These include health care and related services, finance and insurance, manufacturing, and real estate.
Table of Content
- Ohio's Ranking as Best State for MBA Grads
- Great Ohio Cities for MBA Students
- Average Ohio GMAT Scores
- Buckeye Business Schools Worthy of Another Look
- MBA Programs in Ohio
Ohio Provides a Variety of Opportunities for MBA Graduates
After graduating from one of the business schools in Ohio, you could also look for employment in one of three major metropolitan areas in Ohio: Cincinnati, Cleveland or Columbus. Major employers located in these areas include the Cleveland Clinic, a nonprofit academic medical center; the supermarket chain Kroger, located in Cincinnati; and Columbus' Ohio State University, offering more than 175 majors. In all, 16 Fortune 500 companies are located within these cities. In total, Ohio is home to 27 Fortune 500 companies -- from American Financial Group to Macy's and Procter & Gamble -- that could be potential employers for graduates of one of the MBA programs in Ohio.
Overall Rank: # 22
Overall Ranking of Ohio is based on average salary ranking of individual MBA professions. The salaries of individual MBA professions are ranked from highest to lowest across the nation and include Guam, Puerto Rico, Washington DC, and the Virgin Islands. As such, some states can be ranked worse than 50 for individual professions.
- Ranked #21 as Best State for Finance MBA graduates
- Ranked #21 as Best State for Human Resource MBA graduates
- Ranked #26 as Best State for Logistical MBA graduates
- Ranked #21 as Best State for Accounting MBA graduates
- Ranked #31 as Best State for Entrepreneurship minded MBAs
- Ranked #21 as Best State for Marketing MBA graduates
While our state rankings measure overall median salaries for a professions which hire MBAs, please remember that due to the Cost of Living Index of Ohio, salaries could feel up to 9% higher than they initially appear.
These rankings are based on 2013 median annual salary data supplied from the Bureau of Labor Statistics. Salary data for professions which MBA graduates typically find employment was sorted by specialty and ranked.
Average GMAT Scores of Ohio Applicants
*Average GMAT score for Men and Women test takers in 2012, 2012 Graduate Management Admission Council (GMAC) - GMAC Application Trends Survey, 2013.
Cincinnati, Ohio MBA Programs and Business Schools
Cincinnati is well-positioned for business success and you could be, too, with a graduate-level education. The city sits within 400 miles of 20 major metropolitan markets (think Cleveland, Columbus and Indianapolis) and within 600 miles of 53 percent of the nation's purchasing power. Established industries in Cincinnati include aerospace parts and manufacturing, chemistry and plastics, as well as financial services, but there are also new industries that are emerging, such as advanced energy, consumer products and services and information technology.
Additionally, a wide range of Fortune 500 companies can be found within the city limits. While American Financial Group, Fifth Third Bancorp, Macy's, and Western & Southern Financial Group all are headquartered there, there are also a significant number of other major employers. In 2010, these included: Children's Hospital with 11,800 employees; Health Alliance with 10,000 employees; Kroger with more than 17,000 employees; the University of Cincinnati with 15,340 employees; and Proctor & Gamble with 13,000 employees. Other top employers are spread over a variety of fields, such as Comair, Inc., GE Aviation, and Mercy Health Partners. With an economy driven by such diverse industries, there could be room for you to discover your career opportunity with MBA programs in Cincinnati pushing you on the way.
Columbus, Ohio MBA Programs and Business Schools
You might not think of Columbus, Ohio as being green, but the region made the list of top 50 U.S. cities holding a high sustainability ranking. City innovation, green economy, housing affordability, water supply and other considerations all contributed to this ranking, according to Sustain Lane, a website that ranks the most sustainable cities in the U.S. But that's not all that Columbus has going for it. The five Fortune 500 corporations headquartered there in 2011 include American Electric Power, Big Lots, Limited Brands, Momentive Specialty Chemicals and Nationwide and could provide job opportunities for those with the right education. Other major employers in Columbus, according to the Ohio Department of Development, include Bob Evans Farms, Ohio State University, Huntington Bancshares and OhioHealth.
Education is a big deal to residents of Columbus, as census figures show that nearly 33 percent of the city's adults hold a bachelor's degree or higher. This number is markedly higher than the rest of Ohio, with only 23 percent of adults statewide having the same level of education. If you're interested in competing in the management sector of the area's diverse economy, a number of MBA programs could be key to helping you find career success in Columbus.
Dayton MBA Programs and Business Schools
In Dayton, Ohio, the birthplace of Orville Wright, the history of flight meets the future of aviation. As home to the Ohio Aerospace Hub, Dayton supports dozens of businesses specializing in everything from next-generation aircraft materials to data management. Aero Power & Propulsion, Ball Aerospace, GE Aircraft Engines and General Dynamics are just a few of the aerospace companies in and around Dayton. The city also supports a tremendous amount of research and development in this industry: More than $380 million annually is invested in fuels, combustion, chem/bio and remote sensing work, according to the Dayton Development Coalition (DDC). Commercialization organizations partner with research groups to launch lucrative aerospace businesses, making Dayton a hotbed for entrepreneurship.
The same physical and economic infrastructure that supports the aerospace industry also supports other top Dayton business sectors, including advanced manufacturing and information technology. Between 2006 and 2009, the manufacturing industry in Dayton created more than 10,000 jobs, according to the DDC. Among the 2,400 manufacturers in the area are Crown Equipment, Honda of America, and F&P America. In terms of its tech businesses, the DDC reports that Dayton companies generate $10 billion annually from sales of information systems and data management technologies. Lexis-Nexis employs about 3,000 people at its Dayton headquarters. Other top tech businesses include Emerson Climate Technologies and Reynolds & Reynolds. With economic development strong in the Dayton area, commercial and residential real estate businesses are also thriving. CNNMoney has ranked Dayton one of the city's five most affordable cities to buy a house, and Site Selection magazine named Ohio No. 1 for most new and expanded corporate facilities every year between 2006-2009.
Cincinnati MBA Programs and Business Schools
Just southwest of Cincinnati, Mason has a unique economy where small businesses thrive alongside major corporations. According to data from the City of Mason, the greater Cincinnati region ranks among the country's top markets based on the number of Fortune 500 headquarters per million residents, landing higher on the list than New York, Chicago, Boston or Los Angeles. And the city is growing -- census figures show that Mason's population rose nearly 40 percent between 2000 and 2010. If you'd like to pursue a top-level career there, Mason business schools can help you earn the advanced degree to break ahead.
Kent State University at Kent
Air Force Institute of Technology-Graduate School of Engineering & Management
Baldwin Wallace University
Bowling Green State University-Main Campus
Case Western Reserve University
Cleveland State University
College of Mount St Joseph
Franciscan University of Steubenville
John Carroll University
Additional Information for Students Looking to Enroll at an MBA Program in Ohio
Ohio Bureau of Labor Statistics Data
Ohio Census Information
The Ohio Division of Industrial Compliance and Labor Page