UCLA Anderson | Ms. Art Historian
GRE 332, GPA 3.6
Georgetown McDonough | Mr. International Youngster
GMAT 720, GPA 3.55
Chicago Booth | Ms. Future CMO
GMAT Have Not Taken, GPA 2.99
MIT Sloan | Ms. International Technologist
GMAT 740, GPA 3.5
Columbia | Mr. Chartered Accountant
GMAT 730, GPA 2.7
Harvard | Mr. Harvard Hopeful
GMAT 740, GPA 3.8
Yale | Mr. Philanthropy Chair
GMAT Awaiting Scores (expect 700-720), GPA 3.3
Kellogg | Ms. MBA For Social Impact
GMAT 720, GPA 3.9
N U Singapore | Mr. Just And Right
GMAT 700, GPA 4.0
Kellogg | Mr. CPA To MBA
GMAT Waived, GPA 3.2
Columbia | Mr. Startup Musician
GRE Applying Without a Score, GPA First Class
Chicago Booth | Ms. Entrepreneur
GMAT 690, GPA 3.5
Columbia | Mr. MGMT Consulting
GMAT 700, GPA 3.56
Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Harvard | Mr. Spanish Army Officer
GMAT 710, GPA 3
Harvard | Mr. Future Family Legacy
GMAT Not Yet Taken (Expected 700-750), GPA 3.0
Wharton | Mr. Big 4
GMAT 770, GPA 8/10
Rice Jones | Mr. ToastMasters Treasurer
GMAT 730, GPA 3.7
Harvard | Mr. Public Health
GRE 312, GPA 3.3
Kellogg | Mr. Hopeful Admit
GMAT Waived, GPA 4.0
London Business School | Mr. Indian Mad Man
GMAT Have not taken yet, GPA 2.8
Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
UCLA Anderson | Mr. Microsoft India
GMAT 780, GPA 7.14
Harvard | Mr. Belgium 2+2
GMAT 760, GPA 3.8
Kellogg | Mr. IDF Commander
GRE Waved, GPA 3.0
Harvard | Mr. Community Impact
GMAT 690, GPA 3.0
Berkeley Haas | Mx. CPG Marketer
GMAT 750, GPA 3.95

The Total Cost To Attend A Top-25 MBA Program Keeps Rising

MIT Sloan School of Management has the costliest full-time MBA program in the United States, at more than $237,000 over two years. MIT is followed by NYU Stern and Stanford GSB. MIT photo

A HELPING HAND

The bottom line is that an MBA from a top school is not cheap. The average total cost to attend one of the programs in the chart below is $194,031, which is actually down slightly from last year ($196,067) but up from $185,747 in 2017 — and up considerably from about $168,000 four years ago.

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, where 50% of the MBA class is eligible for assistance, 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. At MIT Sloan, this year’s most expensive school, there are literally dozens of fellowships available, most of which don’t even require an application: students are automatically considered for them.

Beyond scholarships, there’s the fact that a MBA continues to be a reliable magnifier of salary potential. According to recent surveys by both the Graduate Management Admission Council and The Financial Times, post-MBA salaries rise by a median of $40,000. The schools with the best ROI and starting salaries? According to a P&Q analysis, it’s all the schools you see in the chart below. HBS grads, we learned recently, now average more than $170,000 right out of the gate, while Columbia grads do even better.

DON’T MISS: HOW MUCH DOES A TOP MBA NOW COST? NINE SCHOOLS ARE IN THE $200K CLUB or NO SURPRISES: MBA DEBT BURDEN RISES AGAIN