Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
Kellogg | Mr. Double Whammy
GMAT 730, GPA 7.1/10
Kellogg | Mr. Defense Engineer
GMAT 760, GPA 3.15
Cornell Johnson | Mr. Indian Dreamer
GRE 331, GPA 8.5/10
McCombs School of Business | Mr. Ernst & Young
GMAT 600 (hopeful estimate), GPA 3.86
Kellogg | Mr. Innovator
GRE 300, GPA 3.75
London Business School | Ms. Private Equity Angel
GMAT 660, GPA 3.4
Harvard | Mr. Defense Engineer
GMAT 730, GPA 3.6
Chicago Booth | Ms. Indian Banker
GMAT 740, GPA 9.18/10
Harvard | Ms. Developing Markets
GMAT 780, GPA 3.63
Yale | Ms. Biotech
GMAT 740, GPA 3.29
McCombs School of Business | Mr. Marine Executive Officer
GRE 322, GPA 3.28
Kellogg | Mr. Engineer Volunteer
GMAT 710, GPA 3.8
Stanford GSB | Ms. Global Empowerment
GMAT 740, GPA 3.66
Chicago Booth | Mr. Bank AVP
GRE 322, GPA 3.22
Harvard | Mr. Renewables Athlete
GMAT 710 (1st take), GPA 3.63
Stanford GSB | Mr. Infantry Officer
GRE 320, GPA 3.7
UCLA Anderson | Ms. Apparel Entrepreneur
GMAT 690, GPA 3.2
Harvard | Mr. Armenian Geneticist
GRE 331, GPA 3.7
Berkeley Haas | Mr. 1st Gen Grad
GMAT 740, GPA 3.1
Ross | Mr. Travelpreneur
GMAT 730, GPA 2.68
London Business School | Ms. Numbers
GMAT 730, GPA 3.5
IU Kelley | Mr. Fortune 500
GMAT N/A, GPA 2.2
N U Singapore | Mr. Naval Officer
GMAT 710, GPA 3.2
NYU Stern | Ms. Entertainment Strategist
GMAT Have not taken, GPA 2.92
INSEAD | Ms. Spaniard Consultant
GMAT 710, GPA 8.5/10.00
NYU Stern | Mr. Army Prop Trader
GRE 313, GPA 2.31

Nine Schools Break $200K Total Cost Barrier

Three years ago, NYU Stern was the first school to break the $200K barrier in total cost for an MBA. File photo

NO SCHOOL POSTED A DECREASE IN TOTAL COST BETWEEN 2016 AND 2017

Most of the most-expensive MBA programs are at private schools, including all of the top nine. But No. 10, UCLA’s Anderson School, is not only the most-expensive public school, it also saw the biggest increase in cost by percentage, rising 13.6% from $170,982 last year to $194,220 — just a shade under that $200K threshold. Other schools with big increases include Wharton (9% to $218,900), Duke Fuqua (9.6% to $184,476, one year after actually posting a decline in total cost), and Harvard (8.5% to $213,600). After Anderson, the next costliest public is UC-Berkeley Haas, which saw a 7.6% increase to $183,342.

No school in the Top 25 posted a decrease in total cost, though Indiana University’s Kelley School of Business came closest, rising 2.3% to $141,920. Most of the schools that saw small increases in total cost — less than 3% — were on the bottom end of the Top 25 list, and therefore more affordable, such as the University of Washington’s Foster School of Business (2.4%, to $152,850), Notre Dame Mendoza (2.9%, to $146,576), and Cornell University’s Johnson Graduate School of Management (2.6%, to $179,508). However, one high-cost school, MIT Sloan, also saw only a modest jump in total cost: 2.6%, from $196,028 last year to $201,028.

Indiana Kelley’s total cost increase was the most modest and the school itself is the cheapest in the Top 25, thanks to the lowest annual tuition ($47,127) and the low estimate of what it costs to live for a year in Bloomington, Indiana ($12,708). Even better would be to get in-state tuition, which would drop the total cost of a two-year MBA to just $100,196 — or half the cost of any of the top nine schools. It’s a fun game to play: What is the in-state cost versus the out-of-state at the next-cheapest school, the University of Texas’ McCombs School of Business? $113,068 versus $146,028. But at Anderson, the costliest public school, it’s hardly worth the trouble of getting a California driver’s license: $190,862 in-state versus $194,220 out-of-state, a savings of less than $4,000.

DON’T MISS FULL COST OF THE MBA KEEPS RISING and RISING COST OF AN MBA IMPACTING SCHOOL CHOICE FOR APPLICANTS