B-School Stats You Can’t Miss (Continued)
Alas, MOOCs weren’t the only subject producing intriguing data this week. U.S. News & World Report released its list of the ten most expensive online MBA programs. And the theme could be, “You get what you pay for.” Here, the two highest ranked public online MBA programs were also the most expensive, with the University of North Carolina’s Kenan-Flagler Business School ($96,775) and Temple University’s Fox School of Business ($62,208) topping the list. On average, according to U.S. News, students paid $25,525 in program costs for 2014-2015.
|Business School||Total Program Cost||U.S. News Rank|
|University of North Carolina (Kenan- Flager)||$96,775||1 (Tie)|
|Temple University (Fox)||$62,208||1 (Tie)|
|Arizona State University (Carey)||$54,335||4 (Tie)|
|Penn State University – World Campus||$52,608||7 (Tie)|
|University of Arizona (Eller)||$45,000||29 (Tie)|
|Louisiana State University (Ourso)||$43,932||72|
|Florida International University||$42,000||62 (Tie)|
|Portland State University||$39,600||47 (Tie)|
|California State University – San Bernadino||$39,000||142 (Tie)|
|University of Delaware (Lerner)||$39,000||101 (Tie)|
Created with the HTML Table Generator
Source: U.S. News and World Report
Last week Poets&Quants also shared some numbers from TopMBA on which European schools produced the fastest return on investment (ROI) after graduation. This week, TopMBA is back with an even more relevant ranking: The Top European MBA programs for ROI for 20 Years.
Mind you, these numbers are an “estimate” in TopMBA’s words that allows “for a margin of error around 20%.” That said, if you’re looking for an idea where you’ll generate the biggest bang for your buck, the answer is Spain. Here, IE Business School and IESE Business School own the top spots, with MBAs projected to earn $4,789,686 and $4,682,834 within 20 years of graduation. They were followed by IMD ($4,666,907), INSEAD ($4,637,080), and St. Gallen ($4,505,904).
Surprisingly, UK schools brought up the rear with London Business School ($4,242,684) expected to outperform Imperial, Oxford, and Cambridge by $350,000-$450,000…or roughly $15K-$20K per year. Switzerland placed two schools (IMD and St. Gallen) into the top projected five. In addition, INSEAD grads can expect to earn nearly $1 million dollars more than their peers at HEC Paris. Similarly, ESADE grads may bank a million dollars or more less than their peers at IE and IESE.
Overall, according to TopMBA, MBAs are projected to earn $3.9 million dollars (on average) at the top 20 European programs, a number that drops to $2.9 million dollars when all 46 European schools modeled were included.
For additional insight on this data, click on the links below.
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