Best Business Schools in Maine – 2025 Accredited Colleges & Programs

by Imed Bouchrika, Phd

Co-Founder and Chief Data Scientist

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Maine perfectly balances its small size with a significant commitment to quality education, revealing a range of exceptional business schools. In 2025, the best business schools in Maine continue to offer outstanding opportunities for aspiring business professionals.

Business schools in Maine present a diverse array of business programs, encompassing undergraduate degrees in business administration, management, marketing, and accounting, as well as graduate offerings such as Master of Business Administration (MBA), Master of Science in Management (MSM), and Master of Finance (MFin).

The Research.com team has prepared a guide to the top schools in Maine to help aspiring business students decide the institution that is right for them. Through our Maine school rankings, our team has identified accredited business colleges and programs while considering their affordability.

Best Business Schools in Maine Table of Contents

• Is Maine a good place for business majors?
• Business Program Length in Maine
• Tuition and Costs of Business Programs in Maine
• Best Business Schools in Maine and Their Programs for 2025
• What To Look For in an Business Program in Maine
• What Other Career Paths Are Available to Business Graduates in Maine?
• What kinds of career services and resources are available to business students in Maine?
• How Can Maine Students Evaluate Their Investment in an Online MBA?
• How Does Integrating Psychology with Business Enhance Career Strategies in Maine?
• Are Business Management Degrees Essential for Maine's Economic Future?
• What are the challenges of pursuing a business administration major?
• How Can Business Students in Maine Foster Entrepreneurship and Innovation?
• How Business Students in Maine Can Specialize in Accounting
• Can Business Expertise Propel Success in Health and Nutrition Careers in Maine?
• How Can Business Graduates Support Substance Abuse Prevention Initiatives in Maine?
• How Can Business Skills Facilitate Legal Careers in Maine?
• How Can Business Acumen Enhance Forensic Science Careers in Maine?
• How Can Business Skills Drive Success in Pharmacy Careers in Maine?

Is Maine a good place for business majors?

Maine can be a good place for business majors, offering a unique blend of opportunities and advantages for students pursuing business education. Here are a few factors to consider:

1. Diverse Business Landscape: While Maine may not have the hustle and bustle that larger states offer, it still has a diverse economy that encompasses various industries such as tourism, healthcare, technology, manufacturing, and more. Maine’s key industries can provide a wide range of potential career paths for business majors.
2. Networking and Community: The state’s close-knit community can be advantageous for building professional connections, either made while on the job or at the business schools in Maine. Smaller class sizes and a more personal approach to education can foster strong relationships with professors and peers, which can be valuable in the business world. According to Zippia, Maine has the least crowded schools, with an average of 17 students per classroom instead of the national average of 24 (Postma, 2023).
3. Internship and Job Opportunities: Despite its size, Maine has companies of all scales, from local businesses to branches of larger corporations. This can provide business students with internship and job opportunities that allow for real-world experience while still being part of a community-oriented environment. So, if you are wondering “what can I do with an accounting degree," you are likely to find employment in Maine.
4. Quality Education: Maine is home to several accredited colleges and universities offering high-quality business programs, such as those accredited by the Association to Advance Collegiate Schools of Business (AACSB). Business schools in Maine provide a solid foundation in business education and can prepare students for success in their careers.
5. Quality of Life: Maine’s natural beauty and outdoor recreational activities can contribute to a high quality of life, which might be appealing to those who value work-life balance.

Business Program Length in Maine

The length of programs at business schools in Maine, like in most places, can vary depending on the degree level and specific program. Here is a general overview of program lengths for common business degrees based on our team’s research of how long for a business degree:

1. Associate’s Degree: An associate’s degree in business or a related field typically takes around two years of full-time study to complete. These programs provide a foundational understanding of business concepts and can be a stepping stone to further education or entry-level positions.
2. Bachelor’s Degree: A bachelor’s degree in business administration (BBA) or other business disciplines generally takes four years of full-time study to complete. These programs provide a comprehensive education in various business areas and often allow for specialization. If you would like to know what jobs does a business administration degree offer, it can provide you with the skills necessary to gain roles in areas like management, marketing, finance, or accounting.
3. Master’s Degree: A Master of Business Administration (MBA) program at any of the Maine graduate schools typically takes one to two years to complete, depending on whether it is a full-time or part-time program. Some schools might offer accelerated or executive MBA programs that can be completed more quickly.
4. Specialized Master’s Programs: Master’s programs in specific business areas, such as Master of Finance (MFin) or Master of Science in Management (MSM), can vary in length but often take around one to two years to complete.
5. Doctoral Degree: A Doctor of Business Administration (DBA) or a PhD in a business-related field can take several years to complete, typically ranging from three to six years or more. These programs are research-intensive and often lead to careers in academia or high-level research positions.

Tuition and Costs of Business Programs in Maine

Based on the Research.com team’s observations, the tuition and costs of business programs in Maine vary based on the level of study. For undergraduate business programs, students can expect to pay between $7,000 and $25,000 per year. Graduate business programs, on the other hand, generally range from $15,000 to $40,000 per year.

Best Business Schools in Maine and Their Programs for 2025

At Research.com, we have analyzed the latest reliable public data to provide rankings of the top Maine business schools for 2025. Our team of experts evaluated various metrics, including academic ratings, enrollment rate, affordability, Maine university acceptance rates, and other relevant factors of these schools, to create rankings.

1. The University of Maine

The University of Maine‘s Maine Business School offers a comprehensive range of undergraduate business programs, including Business Administration, Accounting, Management, Business Information Systems, Marketing, Finance, and Sport Management, with various concentrations and minors available. With a focus on providing a well-rounded education, the school emphasizes networking opportunities, community building, and the development of core skills that can be applied to various business and organizational settings globally.

1. Program Length: Four Years
2. Tracks/concentrations: Business Information SystemsSport ManagementAccounting
3. Business Information Systems
4. Sport Management
5. Accounting
6. Cost per year: $28,572
7. Required credits to graduate: 120 credit hours
8. Accreditation: Association to Advance Collegiate Schools of Business (AACSB)

2. University of Southern Maine

University of Southern Maine‘s School of Business offers a variety of undergraduate majors including Accounting, Business Analytics, Finance, Management, Marketing (both in-person and online), and Sport & Esports Management. The school also provides a selection of minors such as Entrepreneurship, Operations & Supply Chain Management, and Sustainable Business, along with certificates in Accounting and Risk Management and Insurance.

1. Program Length: Four years
2. Tracks/concentrations: AccountingBusiness AnalyticsFinance
3. Accounting
4. Business Analytics
5. Finance
6. Cost per year: $8,910
7. Required credits to graduate: 120 credits
8. Accreditation: AACSB

3. Saint Joseph’s College of Maine

Saint Joseph’s College of Maine‘s Business Programs aim to cultivate proficient business leaders through a comprehensive range of undergraduate and graduate options, including majors in Accounting, Finance, Business Administration, Marketing, and more. The college emphasizes developing skills, courage, and ethical values required for success in the complex business landscape. Their approach blends ambition with compassion and strategic expertise with a higher purpose, offering real-world class projects, experienced faculty, and accelerated degree pathways.

1. Program Length: At least three years
2. Tracks/concentrations: Human ResourcesFinanceManagement
3. Human Resources
4. Finance
5. Management
6. Cost per year: $42,834
7. Required credits to graduate: 120 credits
8. Accreditation: New England Commission of Higher Education (NECHE)

4. Husson University

Husson University‘s College of Business offers a comprehensive range of accredited undergraduate and graduate programs across various disciplines, including Accounting, Business Administration, Hospitality, Tourism Management, and more. The college comprises six distinct schools and emphasizes engagement, experiential learning, and community involvement to prepare students for professional careers and leadership roles while contributing to regional economic development.

1. Program Length: Four years
2. Tracks/concentrations: AccountingBusiness AdministrationFinancial Planning
3. Accounting
4. Business Administration
5. Financial Planning
6. Cost per credit: $684
7. Required credits to graduate: 122 hours
8. Accreditation: International Accreditation Council for Business Education (IACBE)

5. University of New England

The College of Business at the University of New England offers a diverse range of programs, including Business Administration, Sport and Recreation Management, Sustainability and Business, and Marine Entrepreneurship. With a strong focus on experiential learning, students are prepared for successful careers in various sectors, from private companies to non-profit organizations.

1. Program Length: Four years
2. Tracks/concentrations: Business AdministrationMarine EntrepreneurshipSport and Recreation Management
3. Business Administration
4. Marine Entrepreneurship
5. Sport and Recreation Management
6. Cost per credit: $1,450
7. Required credits to graduate: 120 credits
8. Accreditation: Accreditation Council for Business Schools and Programs (ACBSP)

What To Look For in a Business Program in Maine

When searching for the best business school in Maine, aspiring students should consider several factors to make an informed decision. These factors include the school’s accreditation, location, size, available programs, and tuition costs.

Accreditation ensures the quality of education, while location can impact your lifestyle and networking opportunities. School size can also affect your learning environment, and available programs should align with your career goals. At the same time, tuition costs play a significant role in your financial planning. Maine residents collectively hold $6.2 billion in student loan debt, with an average debt of $33,137 among 187,100 student borrowers, indicating a relatively lower average remaining balance (Hanson, 2022).

You should also try to see if the programs will help you learn some of the best inventory management software and equip you with the technical skills to pursue management or administrative roles. Furthermore, considering the Maine acceptance rate can also help improve your chances of studying at your desired school.

What Other Career Paths Are Available to Business Graduates in Maine?

Business graduates in Maine have a wide range of career paths to choose from, beyond traditional roles in management, finance, and marketing. For instance, those with an interest in community development and urban planning can explore careers that involve designing and implementing sustainable projects. To learn more about such opportunities, consider visiting urban planning schools in Maine to discover the educational requirements and skills needed for a successful career in this field. Additionally, business graduates can leverage their skills in analytics, problem-solving, and strategic thinking to pursue roles in public policy, non-profit management, or environmental conservation. The versatility of a business degree allows graduates to adapt to various industries and roles, making them valuable assets in Maine's diverse economy.

What kinds of career services and resources are available to business students in Maine?

Business schools in Maine often provide a range of career services and resources to help students navigate their path from education to employment. These services are designed to support students at various stages of their career journey, from internships to full-time job placements. Below are some of the key career resources typically available to business students in Maine:

• Career Counseling and Advising
  • Career advisors guide students on career paths, helping them identify their strengths and areas of interest. These advisors also offer one-on-one support in setting career goals and developing action plans for achieving them.
• Resume and Cover Letter Assistance
  • Many schools offer workshops and personalized sessions to help students craft strong resumes and cover letters that highlight their skills and accomplishments. These sessions are invaluable for tailoring application materials to meet industry standards and employer expectations.
• Interview Preparation
  • Career centers frequently organize mock interview sessions and provide students with interview techniques to boost their confidence and help them make a positive impression on prospective employers.
• Networking Events and Career Fairs
  • Business schools in Maine often host networking events, career fairs, and panel discussions with industry professionals. These events allow students to make connections with recruiters and alumni, which can lead to internships and job offers.
• Internship and Job Placement Support
  • Schools maintain relationships with local businesses and organizations, helping students secure internships and, in some cases, job placements upon graduation. Internships provide practical experience, and some schools even offer credit for completed internships.
• Alumni Mentorship Programs
  • Alumni networks are a valuable resource, offering mentorship opportunities for current students. Through these programs, students can gain insights into career paths, industry trends, and professional development from those who have graduated and succeeded in the business world.
• Skill-Building Workshops
  • Workshops on topics like leadership, public speaking, and digital marketing can enhance students' technical and soft skills. These skill-building opportunities complement the academic curriculum and prepare students for the dynamic demands of the business environment.
• Access to Job Portals and Career Platforms
  • Schools may offer exclusive access to job portals and career platforms that connect students with employers in Maine and beyond. These platforms allow students to search for jobs, internships, and other opportunities tailored to their interests and field of study.

How Can Maine Students Evaluate Their Investment in an Online MBA?

For many prospective students, understanding the full financial implications of an online MBA is as critical as assessing academic quality. An essential step is to analyze tuition fees, potential opportunity costs, and future earning prospects. Maine students should compare program-specific online MBA cost against expected salary growth and career advancement opportunities post-graduation. Additionally, evaluating the overall program reputation, the strength of the alumni network, and the flexibility intrinsic to online learning can help in determining the long-term return on investment. This balanced approach offers a comprehensive framework for making an informed decision aligned with both financial goals and professional aspirations.

How Does Integrating Psychology with Business Enhance Career Strategies in Maine?

Combining insights from psychology with business acumen can empower Maine students to better understand consumer behavior, leadership dynamics, and organizational culture. This interdisciplinary approach assists future professionals in crafting strategic solutions that address real-world challenges by leveraging data-driven behavioral analysis and effective communication skills. Moreover, some institutions encourage cross-disciplinary coursework, providing unique opportunities to study the human factors that drive market trends. For further exploration of related academic paths, consider the best colleges for psychology in Maine.

Are Business Management Degrees Essential for Maine's Economic Future?

A business management degree equips graduates with strategic leadership and analytical skills uniquely suited to Maine’s evolving economic landscape. By integrating managerial theory with practical application, such programs prepare professionals to address regional business challenges and leverage local opportunities. Focused coursework and project-based learning enable students to apply innovative solutions in diverse sectors, from tech startups to community enterprises, fostering sustainable growth and operational excellence.

What are the challenges of pursuing a business administration major?

While a business administration major offers a rewarding path, it's not without its challenges. Here are some key hurdles to consider:

• Coursework Breadth: The curriculum encompasses a diverse range of subjects, demanding a strong work ethic and time management skills. You'll need to excel in areas like finance, marketing, and accounting, even if you have a particular interest within business.
• Quantitative Skills: Business programs often involve a significant amount of quantitative analysis and data interpretation. If you struggle with math-heavy subjects, consider seeking extra help from tutors or academic support services offered by the university.
• Competitive Environment: Business programs can be competitive, with a high number of students vying for internships and job opportunities. Developing strong communication, teamwork, and leadership skills can help you stand out from the crowd.
• Career Choice: The broad scope of a business administration major can lead to decision paralysis when choosing a career path. Researching specific fields within business and exploring internship opportunities can help you solidify your career goals (see What Career Options Are Available for Business Graduates in Louisiana? [link to a similar section in your Louisiana article, or remove if not relevant]).

Business administration major challenges may be present but they can be opportunities for growth. By actively tackling them, you'll gain valuable skills and knowledge that will prepare you for success in the dynamic world of business.

How Can Business Students in Maine Foster Entrepreneurship and Innovation?

Business students in Maine can capitalize on the state’s supportive ecosystem by leveraging startup incubators, mentorship programs, and regional networking events that bridge academic theory with practical entrepreneurial applications. Engaging with local business hubs and digital platforms equips students with essential skills to innovate, adapt, and launch ventures that address regional market needs. A clear understanding of financial management remains critical in this journey; exploring avenues such as how to become a CPA in Maine can further solidify a foundation in fiscal responsibility, ultimately boosting venture sustainability and long-term success.

What are the advantages of pursuing an online business degree in Maine?

Pursuing an online business degree in Maine offers several advantages, particularly for students balancing work, family, or other commitments. The flexibility of online learning allows you to access high-quality programs offered by Maine's top business schools, such as the University of Maine and Husson University, without needing to relocate or adhere to a rigid schedule.

Online business programs also enable you to connect with diverse student networks and global perspectives, enriching your learning experience. Additionally, these programs often integrate career-oriented tools and resources, ensuring that you stay competitive in Maine's dynamic job market while advancing your education.

If you're interested in a fast-paced option to further your business education, consider exploring 1 year MBA programs online accredited. These programs provide an accelerated path to earning your degree, equipping you with advanced business acumen in less time while maintaining academic rigor.

Moreover, Maine's online programs frequently offer access to the same faculty, resources, and career services available to on-campus students. This ensures you receive a comprehensive education tailored to your professional goals, all while enjoying the convenience of studying from home.

How Business Students in Maine Can Specialize in Accounting

Specializing in accounting can be a strategic choice for business students in Maine, as the field offers diverse opportunities ranging from corporate finance to auditing and management consultancy. Pursuing this specialization equips students with essential skills such as financial analysis, tax preparation, and compliance management, which are valuable across industries.

One of the pathways students often consider is becoming a Certified Public Accountant (CPA), a designation that enhances credibility and expands career options in financial management and advisory roles. For those interested in learning more about how to structure their education and professional milestones toward this goal, Research.com provides comprehensive guidance on how to become a CPA in Maine. This resource outlines the necessary steps, including educational qualifications, exam preparation, and licensing requirements.

Maine's business schools often provide tailored accounting tracks or electives within their business administration programs. This allows students to position themselves as competitive candidates in fields like forensic accounting, managerial accounting, and financial planning. Additionally, many institutions feature partnerships with accounting firms, offering internship opportunities that strengthen both practical experience and professional networks.

With accounting professionals in high demand, specializing in this area is a prudent decision for students aiming to secure stable and high-paying roles in an ever-evolving economic landscape.

Can Business Expertise Propel Success in Health and Nutrition Careers in Maine?

Business graduates in Maine can extend their expertise beyond traditional sectors by applying core business competencies—such as strategic planning, financial management, and regulatory comprehension—to the burgeoning health and nutrition industry. Employers in this sector increasingly value professionals who can combine operational leadership with an understanding of market trends and consumer demands. This interdisciplinary approach supports innovative business models in wellness-focused enterprises and community health initiatives. For instance, those seeking a nontraditional career path may explore the transition into nutritional sciences by learning specialized market dynamics and operational procedures. Detailed guidance on navigating this shift is available in how to become a nutritionist in Maine.

How Can Business Graduates Support Substance Abuse Prevention Initiatives in Maine?

Business education develops robust management, strategic planning, and operational skills that can be pivotal in designing and managing substance abuse prevention programs. Graduates can apply financial oversight, marketing strategies, and stakeholder engagement techniques to improve resource allocation and program sustainability in community outreach efforts. For those looking to integrate business acumen with specialized public health roles, explore how to become a licensed substance abuse counselor in Maine to acquire targeted skills and insights that can further enhance the effectiveness of these initiatives.

How Can Business Skills Facilitate Legal Careers in Maine?

Business graduates may leverage analytical, managerial, and strategic planning skills to transition into legal or regulatory roles. Understanding market regulations, compliance, and risk management can open opportunities in corporate governance and legal consultancy. Merging business acumen with legal frameworks enables professionals to effectively navigate complex regulatory environments and contribute to streamlined decision-making processes. For detailed steps on pursuing roles in legal domains, consider exploring how to become a paralegal in Maine.

How Can Business Acumen Enhance Forensic Science Careers in Maine?

Business professionals in Maine can extend their expertise into forensic science by applying strategic management, process optimization, and financial oversight to laboratory operations, case management, and administrative functions. Merging business acumen with a deep understanding of forensic methodologies creates opportunities to streamline investigation processes and resource allocation within forensic institutions. For those interested in bridging these fields, reviewing forensic scientist education requirements in Maine can provide insights into the essential qualifications and training needed to enter this specialized sector.

How Can Business Skills Drive Success in Pharmacy Careers in Maine?

Business expertise is integral to optimizing pharmacy operations, from efficient budget management to strategic supply chain oversight. Applying business principles, graduates can refine operational workflows, improve regulatory compliance, and enhance patient service management. In the dynamic pharmacy sector, understanding administrative frameworks and market trends enables professionals to innovate processes and streamline management practices while maintaining strict industry standards. Additionally, adhering to pharmacist licensure requirements in Maine is crucial for integrating business acumen with clinical operations, ensuring both operational success and quality healthcare delivery.

Apply to Business Schools in Maine

Embarking on this educational journey not only helps students build business acumen but also offers an immersion into Maine’s distinct blend of academic rigor and warm-hearted community spirit. As students engage in learning at any business college in Maine, they can acquire vital business skills while being enveloped in Maine’s unique combination of rigorous academics and a welcoming community ethos. This experience extends beyond the classroom, fostering holistic growth that prepares individuals for success in both their careers and personal lives.

Whether you are pursuing bachelor’s or MBA programs in Maine, you might need to use some of the best payroll software for small business. Being familiar with these tools can prepare you to adapt to the state’s need for administrators, accountants, and managers once you graduate from one of the business schools in Maine.

Key Insights

• Diverse Business Programs: Maine offers a wide range of business programs at various levels, including undergraduate and graduate degrees in areas like business administration, management, marketing, accounting, finance, and more.
• Quality Education: Business schools in Maine, such as the University of Maine and University of Southern Maine, are accredited by reputable bodies like the Association to Advance Collegiate Schools of Business (AACSB), ensuring high-quality education.
• Affordability: Tuition costs for business programs in Maine vary, with undergraduate programs ranging from $7,000 to $25,000 per year for in-state students and up to $40,000 for out-of-state students. Graduate programs range from $15,000 to $45,000 per year.
• Small Class Sizes: Maine's business schools often feature smaller class sizes, with an average of 17 students per classroom, facilitating personalized education and stronger connections with professors and peers.
• Networking and Community: The close-knit community in Maine offers excellent networking opportunities, both within the classroom and in the local business environment, aiding in career development.
• Flexible Program Lengths: Business programs in Maine offer flexibility in duration, with associate degrees typically taking two years, bachelor's degrees four years, and master's degrees one to two years. Doctoral programs can take three to six years or more.
• Internship and Job Opportunities: Maine's diverse economy and the presence of local businesses and branches of larger corporations provide ample internship and job opportunities for business students.
• Quality of Life: The state's natural beauty and outdoor recreational activities contribute to a high quality of life, appealing to students who value work-life balance.

FAQ

1. Is Maine a good place for business majors?

Yes, Maine offers a unique blend of opportunities for business majors, including a diverse economy, strong networking opportunities, smaller class sizes, and high-quality business programs. The state's natural beauty and outdoor activities also provide a high quality of life for students.

2. What are the typical lengths of business programs in Maine?

Associate’s degrees typically take around two years of full-time study, bachelor's degrees take four years, and master's degrees usually require one to two years. Doctoral programs can take three to six years or more, depending on the research and dissertation requirements.

3. How much do business programs in Maine cost?

Undergraduate business programs in Maine range from $7,000 to $25,000 per year for in-state students and $15,000 to $40,000 for out-of-state students. Graduate business programs generally range from $15,000 to $45,000 per year, depending on the institution and residency status.

4. What should I look for in a business program in Maine?

Consider factors such as accreditation, location, size of the school, available programs, tuition costs, and the school's reputation. Accreditation ensures educational quality, while location and size can impact your lifestyle and networking opportunities. Available programs should align with your career goals, and tuition costs should fit within your financial planning.

5. Are there internship and job opportunities for business students in Maine?

Yes, despite its size, Maine has a diverse economy with companies of various scales, providing business students with ample internship and job opportunities. This allows students to gain real-world experience while being part of a community-oriented environment.

6. How does the quality of education in Maine's business schools compare to other states?

Maine is home to several accredited colleges and universities that offer high-quality business programs. Institutions like the University of Maine and University of Southern Maine are accredited by the AACSB, which is a hallmark of excellence in business education. Smaller class sizes also contribute to a more personalized learning experience.

7. What are some of the best business schools in Maine?

Some of the top business schools in Maine include the University of Maine, University of Southern Maine, Saint Joseph’s College of Maine, Husson University, and the University of New England. These schools offer a variety of business programs and have received high rankings based on academic ratings, enrollment rates, affordability, and other key metrics.

8. How can I finance my business education in Maine?

There are various options to finance your business education in Maine, including scholarships, grants, student loans, and work-study programs. It's also beneficial to explore financial aid options provided by the schools you are interested in and look for state-specific financial aid programs.

9. What is the quality of life like for business students in Maine?

Maine offers a high quality of life with its natural beauty, outdoor recreational activities, and a close-knit community. The state's scenic landscapes and activities like hiking, skiing, and fishing provide a balanced lifestyle that appeals to students who value work-life balance.

References

1. Hanson, M. (2022). Student loan debt by state [2023]: average + total debt. Education Data Initiative. https://educationdata.org/student-loan-debt-by-state
2. Postma, A. (2023). The Top 10 Most Crowded Schools By State (Average Class Size By State). Zippia. https://www.zippia.com/advice/states-most-crowded-schools-largest-classes