Top 100 MBA Programs 20191015204148
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Have 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 schooljust 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. Yales 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.
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Chicago Booth Business School
The University of Chicago Booth School of Business is a graduate business school located in Chicago, Illinois, at the University of Chicago. Formerly known as the University of Chicago Graduate School of Business, Chicago Booth is the second-oldest business school in the U.S., the first such school to offer an Executive MBA program, and the first to initiate a Ph.D. program in business. The school was renamed in 2008 following a $300 million endowment gift to the school by alumnus David G. Booth. The school has the third-largest endowment of any business school.
The school's flagship campus is located in the Hyde Park neighborhood of Chicago on the main campus of the university. The school also maintains additional campuses in London and Asia (originally Singapore, but in July 2013 a move to Hong Kong was announced), as well as in downtown Chicago on the Magnificent Mile. In addition to conducting graduate business programs, the school conducts research in the fields of finance, economics, quantitative marketing research, and accounting. Chicago Booth's MBA program is currently ranked first globally by the Economist.
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3D Business School rankings
Rank | Business School | 3D Score |
---|---|---|
#1 | Harvard Business School | 98.3 |
#2 | Wharton Business School | 97.6 |
#3 | Yale School of Management | 96.7 |
#4 | Columbia School of Management | 95.8 |
#5 | Skema Business School | 95.1 |
#6 | Sloan School of Management | 94.3 |
#7 | London Business School | 93.3 |
#8 | Stanford School of Business | 92.1 |
#9 | Kellogg School of Management | 90.8 |
#10 | Haas School of Business | 89.5 |
3D MBA programs tuition costs and fees
Rank | School | Total MBA cost | 2-years tuition |
---|---|---|---|
#1 | Columbia | $168,307 | $106,416 |
#2 | Wharton | $168,000 | $108,018 |
#3 | Stanford | $166,812 | $106,236 |
#4 | Chicago Booth | $165,190 | $101,800 |
#5 | Dartmouth Tuck | $162,750 | $101,400 |
#6 | MIT Sloan | $160,378 | $100,706 |
#7 | Harvard Business School | $158,800 | $100,706 |
#8 | Stern | $157,622 | $94,572 |
#9 | Yale School of Management | $151,982 | $99,800 |