Top 100 World UniversitiesHave you ever wanted to know how much does a top MBA degree cost ? The Foundation for International Business Education has the answer in this month's release of The MBA Guidebook and they found out that it is not Harvard or Stanford, or Wharton or Chicago, or Dartmouth or Yale. Instead, Columbia Business School has the most expensive MBA with its two-year, full-time MBA program in New York, reaching $168,307. The cost of a Harvard MBA is at the middle of the pack of the top ten schools. According to the estimates of the total cost of the degree posted on business school websites, Harvard comes in as the seventh most expensive MBA program among the top 20 U.S. business schools. Not only is the Columbia MBA program the most expensive, but the school Columbia has the lowest percentage of MBA students who are receiving financial aid from the school–just 55%, well below the 81% at Duke, the 80% at Dartmouth, or the 75% at Stanford. The total cost of the Columbia program includes two years worth of tuition, fees, books, and the estimated costs to live in New York City. But as often is the case, these numbers are often conservative. Yale’s School of Managment makes clear that its esimates assume a “modest lifestyle.” Cornell informs applicants on its website that its estimate of $11,250 a year for living expenses is “based on the cost of sharing a moderately priced apartment” at a cost of $700 a month rent and putting aside $425 a month for food. Most MBAs at elite schools will find it hard to live on that budget, especially in New York, Boston, Chicago, or San Francisco. Indeed, perhaps to make these estimates more believable to applicants, Cornell goes out of its way to note, “It is much easier to live like a student when you are a student than to live like a student when you are earning $90,000 annually. If you were to reduce your student loans from $50,000 to $40,000 you would save approximately $121 per month in student loan payments.”
3D Business Schools Ranking
|#1||Harvard Business School||94.55|
|#2||University of Pennsylvania - Wharton School||92.36|
|#3||Yale School of Management||90.13|
|#4||Skema Business School||89.86|
|#5||MIT Sloan School of Management||88.31|
|#6||London Business School||87.19|
|#7||Stanford University Graduate School of Business||86.88|
|#8||University of California at Berkeley Haas School of Business||86.73|
3D World top MBA programs tuition fees and cost
|Rank||School||Total MBA cost||2-years tuition|
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