Stanford GSB | Mr. Impactful Consultant
GMAT 730, GPA 3.7
McCombs School of Business | Ms. Registered Nurse Entrepreneur
GMAT 630, GPA 3.59
Ross | Mr. Leading-Edge Family Business
GMAT 740, GPA 2.89
Kellogg | Mr. Hopeful Engineer
GMAT 720, GPA 7.95/10 (College follows relative grading; Avg. estimate around 7-7.3)
Chicago Booth | Mr. Banker To CPG Leader
GMAT 760, GPA 7.36/10
Darden | Mr. Logistics Guy
GRE Not taken Yet, GPA 3.1
Chicago Booth | Mr. Desi Boy
GMAT 740, GPA 3.0
Kellogg | Mr. Stylist & Actor
GMAT 760 , GPA 9.5
Stanford GSB | Mr. MBB Advanced Analytics
GMAT 750, GPA 3.1
Columbia | Mr. Ambitious Chemical Salesman
GMAT 720, GPA 3.3
Tepper | Ms. Coding Tech Leader
GMAT 680, GPA 2.9
Wharton | Mr. Rates Trader
GMAT 750, GPA 7.6/10
Harvard | Mr. Irish Biotech Entrepreneur
GMAT 730, GPA 3.2
Stanford GSB | Mr. Cricketer Turned Engineer
GMAT 770, GPA 7.15/10
Wharton | Mr. Planes And Laws
GRE 328, GPA 3.8
McCombs School of Business | Mr. Refrad
GMAT 700, GPA 3.94
Harvard | Mr. Supply Chain Photographer
GMAT 700, GPA 3.3
Chicago Booth | Mr. Space Launch
GMAT 710, GPA 3.0
Kellogg | Ms. Product Strategist
GMAT 700, GPA 7.3/10
Columbia | Mr. MBB Consultant
GRE 339, GPA 8.28
Berkeley Haas | Mr. Avocado Farmer
GMAT 750, GPA 3.08
Georgetown McDonough | Mr. International Development Consultant
GMAT N/A, GPA 2.9
Columbia | Mr. Wannabe Grad
GMAT 710, GPA 3.56
Kellogg | Ms. Indian Entrepreneur
GMAT 750, GPA 3.3
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
MIT Sloan | Mr. Captain Engineer
GMAT 700, GPA 2.96
Harvard | Ms. Big 4 M&A Manager
GMAT 750, GPA 2:1 (Upper second-class honours, UK)

How Much Does A Top MBA Now Cost? Nine Schools Are In The $200K Club

NYU Stern was the first school to break the $200K barrier; now nine schools charge that or more for a MBA. NYU Stern photo

HELP ON THE WAY AS COSTS KEEP CLIMBING

A Stanford MBA costs the most overall but the highest tuition belongs to Wharton, at $78,948. Looking only at out-of-state tuition, nine schools have annual tuition over $70,000, including Columbia ($74,400), MIT ($74,200), and Harvard ($73,440). The lowest tuition of the 23 schools was at the University of Washington’s Foster School of Business, which charges $48,333. The average for all schools is $66,514.

Bottom line: A MBA from a top school is not cheap. The average total cost to attend one of the programs in the chart below is $196,067, up from $185,747 last year — and up from about $168,000 three years ago. The elite of the elite have seen their costs jump considerably in the last two years: Stanford from $210,838 to $231,672 (9.9%), Wharton from $200,908 to $223,800 (11.4%), NYU Stern from $206,474 to $226,232 (9.6%), Harvard from $196,800 to $218,248 (10.9%), Columbia from $199,648 to $221,956 (11.2%), and MIT the most of all, from $196,028 to $223,148, or 13.8%.

Fortunately, financial aid is available for many. At Stanford GSB, the average fellowship is about $35,000 per year or $70,000 in total awards; at Harvard, it’s even more: $40,000 per year, or $80,000 total. UCLA Anderson has 625 scholarships, grants, fellowships, and awards; UC-Berkeley annually spreads millions around its relatively small MBA  cohort.

And beyond scholarships, there’s the fact that a MBA continues to be a reliable magnifier of salary potential. According to a 2018 survey by the Graduate Management Admission Council, 2016 and 2017 grads saw their post-MBA salaries rise by a median of $40,000. Among respondents, 82% agreed that B-school increased their earning power. The schools with the best ROI and starting salaries? According to a P&Q analysis earlier this year, it’s all the ones you see in the chart below. HBS grads, for example, now average more than $160,000 right out of the gate.

DON’T MISS NINE SCHOOLS BREAK $200K TOTAL COST BARRIER and THE LEAST (AND MOST) EXPENSIVE TOP ONLINE MBA PROGRAMS 

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