The cost of an MBA is a crucial factor in selecting a Business School. The Tuition Fee is just one aspect of the Cost. Other components of the expense are Health Insurance, Administrative Service, Books, Rent and Utilities, Food, Personal, Transportation, Computer Allowance, MBA Association Fee and other membership fee. On an average other components of the Total Fee will add an extra $30000 to $40000 to the Tuition Fee. Find out means to Finance your MBA before shortlisting your target Business Schools.
We have selected top 20 Business Schools from Global MBA ranking and have listed the One Year Tuition Fee for each MBA program.
The costliest MBA program is LBS MBA at nearly $70,800 Tuition Fee and the cheapest MBA program- IIMA, Ahmedabad is at $14,107(it can be cheaper than the quoted value if you take into consideration the Rupee fluctuation). It is not fair to list the program just by cost. In fact you should use the Net Present Value to evaluate the Actual Return on investment. If you are eligible for scholarships and other external funding, a better way of looking at Cost of an MBA is by evaluating the potential return through post-MBA Salary and Employment Opportunities that an MBA provides.
Tuition Fee 2017 (One Year) – Top 20 Business Schools
|Business School||Tuition Fee(1 Year)|
|Stanford Graduate School of Business||$66,540|
|Harvard Business School||$63,675|
|University of Pennsylvania Wharton||$73,634|
|London Business School||£70,800|
|Columbia Business School||$68,792|
|Insead business school||€73,500|
|IE Business School||€59,200|
|Hong Kong UST Business School||$75,300|
|Indian Institute of Management, Ahmedabad||$14,107|
|University of Chicago Booth||$66,540|
|University of California at Berkeley: Haas||$62,000|
|Duke University: Fuqua||$63,200|
|Northwestern University Kellogg||$66,462|
|New York University Stern||$66,588|
|Dartmouth College Tuck||$66,390|
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