2020 Best Online MBA Programs in
Colorado is home to a growing business region with many key industries represented, including advanced technology, aerospace, tourism, and outdoor recreation. Online MBA programs in Colorado are available in a variety of specializations, with some programs offering unique courses that are related to the state’s top industries. As criteria for our best online MBA program ranking list, we analyzed the percentage of MBA graduates who have obtained executive-level employment.
MBA Jobs in
Colorado has been a hotbed for growth over the last several years, welcoming over 400,000 new residents between 2010 and 2018. With an unemployment rate well below the national average and a strong economy, Colorado is an ideal location for graduates just starting to develop their MBA career paths. Colorado is also highly supportive of entrepreneurs seeking assistance in vetting and implementing their ideas. For MBA jobs in this space, grads can look to the StartupColorado.org website, which includes a wealth of helpful information about statewide organizations and programs, funding sources, accelerators and incubators, and other relevant topics.
In 2019, there were 10 companies from Colorado listed on the Fortune 500, including Arrow Electronics, DaVita, Qurate Retail, Molson Coors Brewing, Western Union, Dish Network, and Ball. Spanning a wide range of industries — such as electronics, medical services, media, telecom, satellite dishes, recycling, and petroleum — the Fortune 500 companies in Colorado offer hundreds of diverse jobs for MBA graduates.
MBA Job Growth
The Colorado Office of Economic Development & International Trade (OEDIT) lists 15 “key industries” for the state: advanced manufacturing, aerospace, bioscience, creative industries, defense and homeland security, electronics, energy and natural resources, financial services, food and agriculture, health and wellness, infrastructure engineering, technology and information, tourism, outdoor recreation, and transportation and logistics.
There are hundreds of potential jobs for MBA graduates in Colorado in a variety of these industries. These MBA jobs include positions in general management, sales and marketing, strategic planning, operations, human resources, financial management, and compensation and benefits.
According to the OEDIT website, Colorado ranks highly in numerous business categories that demonstrate the state’s business diversity and its desirability for building MBA careers: #1 for private aerospace construction; #3 for high-tech workers; #6 for creative class occupations; #4 for start-up activity; and #4 for STEM-based activity.
Colorado MBA Salaries
At an average of $78,000 per year, MBA salaries in Colorado are slightly below the national average MBA salary of approximately $82,000. However, the cost of living in Colorado is also slightly below the national average, which helps make necessities like housing, food, and transportation more affordable for the average family. Many MBA graduates in Colorado earn a salary higher than the national average. For example, in a 2016 report released by CO Boulder University’s Leeds School of Business, graduates from their MBA program with emphases in consulting, operations/logistics, and general management reported annual salaries between $92,000-$117,667.
- Blevins, J. (2019). Colorado’s First-in-the-Nation Outdoor MBA Program is Hitting Its Stride Just as the Industry Needs It To. [online] Colorado Sun. Available at: https://coloradosun.com/2019/02/12/outdoor-mba-program-western-state-university/ [Accessed 10 Oct. 2019].
- United States Census Bureau (2018). Available at: https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=PEP_2018_PEPTCOMP&prodType=table. [Accessed 1 Sept. 2019].
- Fortune 500 (2019). Available at: https://fortune.com/fortune500/2019/search/?hqstate=CO [Accessed 1 Sept. 2019].
- Colorado Office of Economic Development and International Trade. Available at: https://choosecolorado.com/. [Accessed 1 Sept. 2019].
- MBA Salary in Colorado (2019). Available at: https://www.ziprecruiter.com/Salaries/How-Much-Does-a-MBA-Make-a-Year--in-Colorado. [Accessed 1 Sept. 2019].
- Cost of Living in Colorado. Available at: https://www.cityrating.com/cost-of-living/colorado/ [Accessed 1 Sept. 2019].
- Kolmar, C. These Are the 10 Highest-Paying Jobs in Colorado. Available at: https://www.zippia.com/advice/highest-paying-jobs-in-colorado/ [Accessed 1 Sept. 2019].
- StartupColorado.org website. Available at: https://startupcolorado.org/resources-new/ [Accessed 1 Sept. 2019].
- 2016 Graduate Programs Outcomes. Available at: https://www.colorado.edu/business/aacsb/graduate. [Accessed 26 Sept. 2019].