MBA Programs in
As the nation’s capital, Washington, DC, is known for government public sector jobs; however, the region is also experiencing private sector growth in technology, logistics, financial, non-profits, and consulting firms. Expansion in both private business and public sectors has fueled the need for business professionals with a graduate-level education. Obtaining an online MBA degree in Washington, DC, gives working professionals the opportunity to move forward in their careers. Our comprehensive list of online MBA programs in Washington, DC, includes program tuition and the approximate percentage of graduates from each school who work in executive-level positions.
MBA Job and Salary Outlook
Washington, DC, a hub for politicians, policymakers, lobbyists, courts, foreign embassies, and countless federal agencies and sub-agencies, best suits business graduates seeking public-sector MBA jobs in administration and management. The U.S. federal government is the largest single employer in the District of Columbia, employing nearly 58 percent of the total workforce — more than two million of the city’s four million civilian workers. In 2018, the DC area generated roughly $12.9 million in revenue — an amount that has grown steadily year after year. Despite this growth, the nation’s capital has seen its annual job growth rate slip from 1.7 percent to around 1.3 percent during the past two years. Despite the lower job growth rate overall, private sector jobs for MBA graduates in DC continue to grow at a higher rate in financial services, consulting, and technology.
The annual median household income in Washington, DC, is roughly $82,372 — that’s 36.6 percent higher than the U.S. average. The average annual MBA salary in DC is approximately $85,000, which is more than 5 percent higher than the national average MBA salary of approximately $80,800. That amount could be much higher for business graduates working at a consulting firm such as Deloitte, and 25 percent of MBA graduates in DC earn more than $105,000 annually.
Several government agencies have positions well suited to business graduates seeking to launch an MBA career. They include:
- The U.S. Department of Treasury, which offers MBA career paths in accounting, financial analysis, and marketing.
- The U.S. Postal Service’s Office of Inspector General, which oversees financial and procurement services and hires MBAs as economists, public policy analysts, and budget analysts.
- The U.S. Army, the U.S. Navy, and the Federal Emergency Management Agency (FEMA), which all look to hire MBAs in administrative and management roles.
Those seeking private-sector MBA jobs in DC should consider enrolling in a traditional or online MBA program hosted by business schools located in the nation’s capital. Many of these schools attract multinational companies and consulting firms scouting top MBA students for their internship programs.
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- Full Time MBA Salaries in D.C. (2019) Available at: https://www.ziprecruiter.com/Salaries/How-Much-Does-a-Full-Time-MBA-Make-a-Year-in-Washington,DC [Accessed 03 Sept. 2019].
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