Harvard | Mr. Tech Start-Up
GMAT 720, GPA 3.52
Harvard | Mr. CPG Product Manager
GMAT 720, GPA 3.5
NYU Stern | Mr. Brolic Bro
GRE 305, GPA 3.63
Cornell Johnson | Mr. Social To Tech
GMAT 700, GPA 2.7
Tuck | Mr. Running To The Future
GMAT 720, GPA 3.5
London Business School | Ms. Audit Meme
GMAT 710, GPA 3.5
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
Wharton | Mr. Mobility Entrepreneur
GMAT 760, GPA 1st Division
Harvard | Mr. Cricket From Kashmir
GMAT 730, GPA 8.5/10
Georgetown McDonough | Mr. Aspiring Consultant
GMAT 690, GPA 3.68
HEC Paris | Mr. Analytics Consultant
GRE 326, GPA 9.05/10
Harvard | Mr. Healthcare Manager
GMAT 760, GPA 3.7
McCombs School of Business | Mr. Microsoft Consultant
GMAT N/A, GPA 2.31
Tuck | Mr. Land Management
GMAT 760, GPA 3.85
Stanford GSB | Mr. Seller
GMAT 740, GPA 3.3
Wharton | Mr. Researcher
GMAT 700, GPA 3.2
NYU Stern | Mr. Beer Guy
GRE 306, GPA 4.0
Columbia | Mr. MD/MBA
GMAT 670, GPA 3.77
Harvard | The Insurer
GMAT 730, GPA 3.4
Wharton | Mr. Data Dude
GMAT 750, GPA 4.0
Tepper | Mr. Automotive Strategy
GMAT 670 - 700 on practice tests, GPA 3.3
Duke Fuqua | Mr. Backyard Homesteader
GRE 327, GPA 3.90
Wharton | Mr. Finance to MBB
GMAT 760, GPA 4.0
London Business School | Ms. Social Impact Consulting
GRE 330, GPA 3.28
Tepper | Mr. Insurance Dude
GMAT 660, GPA 3.6
Kellogg | Ms. Indian Marketer
GMAT 680, GPA 8.9/10
NYU Stern | Mr. Middle Eastern Warrior
GMAT 720 (Estimated), GPA 3.0

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


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.