Search top business school MBA programs in the state of New Jersey. Find latest rankings of MBA schools national wide and state wide. For detailed admissions statistics and graduate employment rate, check the following table for each top-ranked business college within New Jersey, with acceptance rate, average GPA and GMAT scores, as well as well tuition and starting salary information of all best MBA universities in New Jersey.
New Jersey is home to a number of top business schools, offering students a variety of degree programs and courses. Rutgers University is one of the most prominent business schools in the state with an undergraduate degree in business administration as well as master’s degrees in accounting, finance, and management. At Rutgers, students gain real-world experience through internships and research opportunities that give them insight into how businesses operate. Specializations such as marketing, supply chain management, international business and organizational leadership are all part of the curriculum at Rutgers‘ School of Business.
The Rutgers Business School at Newark and New Brunswick (RBS) is another top business school in the state with an MBA program ranked among the top 25 nationally by U.S. News & World Report. The program emphasizes hands-on learning experiences that prepare graduates for success in today’s competitive business environment. Unique aspects of RBS’s program include its focus on innovation and entrepreneurship as well as its emphasis on global understanding and multicultural perspectives to ensure graduates are equipped to compete in an increasingly globalized economy. Courses such as strategic entrepreneurship, data analytics, international finance, and corporate social responsibility are all part of the curriculum at RBS’s School of Business Administration. In addition to its MBA program, RBS also offers undergraduate degrees in accounting and finance as well as minors in entrepreneurship and management information systems.
National Ranking | Best Business MBA Programs |
62 | Rutgers, the State University of New Jersey–New Brunswick and Newark (Newark, NJ) Acceptance rate: 54.7% Average GMAT score: 638 Average undergraduate GPA: 3.30 Tuition: In-state, full-time: $22,274 per year; Out-of-state, full-time: $37,384 per year Enrollment (full-time): 228 Average starting salary and bonus: $90,724 Full-time graduates employed at graduation: 60.4% |
New Jersey is a state located in the Northeastern region of the United States and is the 11th smallest state in terms of size, with an area of 8,722 square miles. The capital city of New Jersey is Trenton and the largest city is Newark. New Jersey has a population of 8.9 million people and ranks 11th in population size among all US states. It has a diverse landscape, with mountains like High Point State Park in the northern part and coastal regions in the eastern part. The state’s economy relies heavily on tourism, manufacturing, pharmaceuticals, and financial services. Atlantic City is one of the most popular tourist destinations due to its many casinos, attractions, and outdoor activities such as surfing and beach volleyball. Manufacturing plays an important role in New Jersey‘s economy; it produces products such as chemicals, machinery, food products, and printed materials. Pharmaceuticals also play a big role; many major pharmaceutical companies are based here due to its business-friendly regulations.
New Jersey is known for its humid climate; most areas receive around 45 inches of rain per year on average. The state experiences temperatures ranging from below freezing during winter to over 90 degrees Fahrenheit during summer months.
History of the State of New Jersey Before Independence
On the lands of the modern state of New Jersey, before the arrival of European colonists in North America, the Indians of the Lenape (Delaware) people lived. Their main occupations were hunting, fishing and gathering; they also farmed, growing corn and beans.
In 1524, the Italian Giovanni da Verrazano (Verrazzano), in the service of the French crown, sailed along the east coast of North America from present-day North Carolina to Rhode Island. He was the first to meet the Lenny Lenape Indians and made a description of the coast, though very inaccurate. In honor of Giovanni da Verrazano, a bridge built in the sixties of the XX century was named, connecting the New York districts of Brooklyn and Staten Island.
In 1609, the coast of Delaware, New Jersey and New York was explored on the instructions of the Dutch East India Company by the famous English navigator Henry Hudson (Hudson), after whom the Hudson River was named.
From 1611 to 1614, the Dutchman Adrian Block traveled along the coasts of New Jersey, New York, Connecticut, Rhode Island and Massachusetts . Based on the results of his voyages, he compiled a map on which he first named the lands between British Virginia in the south and the French colonies in the north “New Netherland” (“New Holland”).
Interested in trading with the Indians, primarily in buying furs, the Dutch established trading posts in New Jersey. In 1623, near the modern city of Gloucester City, Fort Nassau was built, the first settlement of Europeans on the lands of New Jersey. In 1625, another trading post was established in the valley of the Delaware River (which the Dutch called the “South River”), Fort Wilhelmus.
In 1630, on the west bank of the Hudson River (“Northern River”), opposite Manhattan Island and the settlement of New Amsterdam (modern New York City), one of the directors of the Dutch West India Company, Michael Pau, founded the settlement of Pavonia. Later, in 1661, this settlement became the city of Bergen, the oldest municipality in New Jersey. In turn, in the sixties of the XIX century, Bergen was absorbed by the rapidly growing Jersey City.
In 1638, Peter Minuit, who previously led the New Holland colony (and, in particular, bought Manhattan from the Indians), founded a new, independent colony, New Sweden, on the territory of New Jersey, Pennsylvania and Delaware . Colonists, mostly from Sweden and Finland, built new settlements, including Fort Elfsborg in the area of modern Salem, New Stockholm (modern Bridgeport) and Swedensboro. In 1655, New Sweden was captured by the Dutch under the leadership of Peter Stuyvesant and was incorporated into New Holland.
In 1664, with the aim of capturing New Holland, Britain sent a military expedition to North America. Ships under the command of Richard Nichols arrived in New Amsterdam and took control of the colony almost unopposed. The lands between the Hudson and Delaware rivers were given by King Charles II, who supported him during the Stuart Restoration, to George Carteret and John Berkeley. The new British colony was named New Jersey after the British island of Jersey, Carteret’s homeland and the king’s refuge during the Civil War. New Jersey was divided into two provinces – East Jersey, owned by George Carteret, and West Jersey, owned by John Berkeley. The first capital of New Jersey was the city of Elizabethtown (modern Elizabeth), named after Carteret’s wife.