Stanford GSB | Mr. Minority Champ
GMAT 740, GPA 3.7
Duke Fuqua | Ms. Health Care Executive
GMAT 690, GPA 3.3
NYU Stern | Mr. Low Gmat
GMAT 690, GPA 73.45 % (No GPA in undergrad)
Harvard | Mr. Nonprofit Social Entrepreneur
GMAT 740, GPA 3.7
Harvard | Mr. Improve Healthcare
GMAT 730, GPA 2.8
Berkeley Haas | Mr. Wake Up & Grind
GMAT 700, GPA 3.5
N U Singapore | Ms. Biomanager
GMAT 520, GPA 2.8
MIT Sloan | Mr. Low GPA Over Achiever
GMAT 700, GPA 2.5
Chicago Booth | Ms. Start-Up Entrepreneur
GRE 318 current; 324 intended, GPA 3.4
Stanford GSB | Mr. Indian Telecom ENG
GRE 340, GPA 3.56
Harvard | Mr. 1st Gen Brazilian LGBT
GMAT 720, GPA 3.2
USC Marshall | Mr. Ambitious
GRE 323, GPA 3.01
Stanford GSB | Ms. East Africa Specialist
GMAT 690, GPA 3.34
Harvard | Mr. Merchant Of Debt
GMAT 760, GPA 3.5 / 4.0 in Master 1 / 4.0 in Master 2
Tuck | Ms. Nigerian Footwear
GRE None, GPA 4.5
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
Berkeley Haas | Mr. 360 Consultant
GMAT 720, GPA 3.4
Berkeley Haas | Mr. Low GPA High GRE
GRE 325, GPA 3.2
Darden | Mr. Senior Energy Engineer
GMAT 710, GPA 2.5
Chicago Booth | Mr. Finance Musician
GRE 330, GPA 3.6
NYU Stern | Mr. Hail Mary 740
GMAT 740, GPA 2.94
Harvard | Mr. London Artist
GMAT 730, GPA First Class Honours (4.0 equivalent)
Harvard | Mr. Professional Boy Scout
GMAT 660, GPA 3.83
SDA Bocconi | Mr. Pharma Manager
GMAT 650, GPA 3,2
Kellogg | Mr. Young PM
GMAT 710, GPA 9.64/10
Wharton | Mr. Indian VC
GRE 333, GPA 3.61
MIT Sloan | Mr. Tech Enthusiast
GRE 325, GPA 6.61/10

MBA Interest In Entrepreneurship Hits Low

The expense of an MBA degree adds up quickly and can shock.

3 Aspects To Consider When Paying For Business School

Business school is an expensive investment. For many students, it generally means two years without much income. Therefore, it’s important for prospective students to consider the worth into socking so much time and money into a graduate business degree.

U.S. News & World Report recently reported on three aspects that students should consider when determining whether a grad degree is worth the investment.

When Borrowing Money, Look at How Much You’ll Be Earning

Mark Schneider is the vice president and an institute fellow at American Institutes for Research. He’s also the co-author of the American Enterprise Institute’s January paper “The Master’s as the New Bachelor’s Degree: In Search of the Labor Market Payoff.”

“There’s a standard rule of thumb that you should not be borrowing more than what your expected first-year wages are,” he tells US News.

For business students, there is good news. In his paper, Schneider analyzed postgraduate earnings from three states and found that master’s degrees in business, engineering, and real estate yielded the highest-paying outcomes.

“If you’re going to make $100,000 a year, then borrowing $80,000 is fine,” Schneider tells US News. “But if you borrow $80,000 with expected earnings of $30,000, then that is not fine – you’re going to be in trouble unless you have some other income.”

Take Note of Labor Market Payoff

Experts suggest prospective students to look at job outlook data published by the Bureau of Labor Statistics when considering grad school. Industries, like healthcare and business, tend to yield high payoff and stable job outlook.

For example, according to BLS data, pharmacists tend to earn around on average $120,000. Demand for the profession is expected to grow by 6% from 2016 to 2026.

In the business world, consultancy ranks the highest in average income after graduation. The average salary for 2016 consultancy graduates of full-time programs was $126,919, according to US News.

Is Prestige an Important Factor in Your Field?

In business, prestige carries more weight than other fields. In this case, prospective business students should consider prestige when looking at business schools.

Scott Rostan is the founder of Training the Street, a New York-based company that prepares college and b-school grads for finance jobs. Rostan tells US News that top financial companies only recruit from top business schools. And at top business schools, tuiton tends to cost more than $60,000 a year. At Stanford Graduate School of Business, single on-campus business students can expect to pay $112,797 for one year of education, according to Stanford’s website.

Rostan adds that prestige schools will pay off for business students in providing quality networks and opportunities.

“Many times the schools are prestigious because they’re known quantities,” Rostan tells US News. “You’re not going to get in trouble for hiring someone from a top business school.”

Sources: US News, US News, Stanford Graduate School of Business, Bureau of Labor Statistics