MBA Degree in Newark, NJ — Salary & ROI 2026
MBA degree analysis for Newark, NJ. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$0
COL-adjusted
Mid-Career
$0
COL-adjusted
ROI Payback
N/A
in Newark
Cost of Living
135
index (100 = avg)
MBA in Newark, NJ Overview
Newark, New Jersey (pop. 311,549) has 14 colleges offering MBA programs. The local cost of living index of 135 is higher than average, so budget accordingly, with average rent near campus at $1,595/month. MBA enrollment is stable nationwide, with steady demand for graduates skilled in . The adjusted starting salary in Newark is approximately $0.
Category
Business
Local Colleges
14
Public Tuition
$16,507/yr
Private Tuition
$47,742/yr
Room & Board
$15,130/yr
Avg Fin. Aid
$8,623/yr
Unemployment
3.6%
Graduation Rate
74%
MBA Salary in Newark (COL-Adjusted)
Salaries adjusted for Newark's cost of living index of 135 (national average = 100).
Note: National average MBA salary: $0 starting, $0 mid-career, $0 senior level.Newark adjustment factor: 1.35x based on the local cost of living index.
MBA ROI Calculator for Newark
Estimate your return on investment for a MBA degree using local Newark tuition and cost of living data.
Public avg: $16,507 | Private avg: $47,742
Newark avg aid: $8,623/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$126,548
tuition + room & board - aid
Annual Earnings Premium
$-47,250
vs HS diploma in Newark
ROI Payback Period
N/A
to break even
Lifetime Return in Newark
$-126,548
Lifetime earnings premium ($0) minus total education cost ($126,548)
Student Loan Payoff for MBA in Newark
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Newark for MBA
Rutgers University-Newark
public
$14,974/yr
$59,896 total
New Jersey Institute of Technology
public
$18,040/yr
$72,160 total
Community Colleges (2-Year Transfer)
Essex County College
$5,040/yr
Top Employers for MBA in Newark
Newark offers opportunities in Financial services, Consulting firms, Fortune 500 companies for MBA graduates. National top employers in this field include:
Key Newark Hiring Sectors for Business
Financial services
Consulting firms
Fortune 500 companies
Startups
Marketing agencies
Common MBA Job Titles
MBA in Nearby New Jersey Cities
Jersey City, NJ
$0 starting · COL 127
23 colleges
Paterson, NJ
$0 starting · COL 129
5 colleges
Elizabeth, NJ
$0 starting · COL 115.5
6 colleges
Edison, NJ
$0 starting · COL 118.2
5 colleges
Lakewood, NJ
$0 starting · COL 128.8
5 colleges
Woodbridge, NJ
$0 starting · COL 112.5
4 colleges
Toms River, NJ
$0 starting · COL 117.7
4 colleges
Trenton, NJ
$0 starting · COL 134
8 colleges
Other Business Majors in Newark
Business Analytics
$105K starting · 2 yr ROI
Finance
$95K starting · 3.5 yr ROI
Economics
$88K starting · 4 yr ROI
Information Systems
$68K starting · 3.3 yr ROI
Supply Chain Management
$68K starting · 3.5 yr ROI
Operations Management
$68K starting · 3.8 yr ROI
Accounting
$84K starting · 3.8 yr ROI
Real Estate
$68K starting · 4 yr ROI
MBA Degree in Newark — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare MBA ROI in other cities, or explore other majors in Newark.