This Is What It Costs To Get An MBA From A Top Business School

The Wharton School at the University of Pennsylvania has the highest tuition of any top U.S. business school for the second straight year: $87,370

TUITION AT THE LEADING U.S. MBA PROGRAMS

2023 P&Q Rank	School	2023 Tuition	2022 Tuition	2021 Tuition	2020 Tuition	2019 Tuition	Y-O-Y Change	Y-O-Y %	5-Year Change	5-Year %
1	Pennsylvania (Wharton)	$87,370	$84,874	$76,000	$74,500	$74,500	$2,496	2.9%	$‎ 12,870	17.3%
2	Chicago (Booth)	$80,961	$77,841	$74,919	$73,440	$72,000	$3,120	4.0%	$‎ 8,961	12.4%
3	Stanford GSB	$79,860	$76,950	$74,706	$74,706	$73,062	$2,910	3.8%	$‎ 6,798	9.3%
4	Northwestern (Kellogg)	$81,015	$78,276	$76,368	$74,871	$73,404	$2,739	3.5%	$‎ 7,611	10.4%
5	Harvard Business School	$74,910	$73,440	$73,440	$73,440	$73,440	$1,470	2.0%	$‎ 1,470	2.0%
6	MIT (Sloan)	$84,200	$80,400	$78,954	$77,168	$77,168	$3,800	4.7%	$‎ 7,032	9.1%
7	Columbia Business School	$84,496	$80,542	$77,376	$77,376	$77,376	$3,954	4.9%	$‎ 7,120	9.2%
8	Yale SOM	$82,700	$79,000	$74,500	$72,350	$72,350	$3,700	4.7%	$‎ 10,350	14.3%
9	Dartmouth (Tuck)	$77,520	$77,520	$77,520	$77,520	$75,108	None	None	$2,412	3.2%
10	UC-Berkeley (Haas)	$76,433	$76,187	$71,817	$68,444	$68,444	$246	0.3%	$7,989	11.7%
11	Michigan (Ross)	$73,196	$73,196	$72,114	$71,048	$71,048	None	None	$‎ 2,148	3.0%
12	Duke (Fuqua)	$75,000	$71,750	$70,000	$70,000	$70,000	$3,250	4.5%	$‎ 5,000	7.1%
13	Cornell (Johnson)	$79,910	$76,690	$74,026	$71,940	$69,440	$3,220	4.2%	$‎ 10,470	15.1%
14	Virginia (Darden)	$75,600	$75,200	$72,600	$72,600	$70,500	$400	0.5%	$‎ 5,100	7.2%
15	New York (Stern)	$82,326	$82,326	$78,700	$76,780	$74,184	None	None	$‎ 8,142	11.0%
16	UCLA (Anderson)	$74,618	$71,071	$67,737	$65,124	$65,114	$3,547	5.0%	$‎ 9,504	14.6%
17	Southern California (Marshall)	$72,501	$69,036	$53,806	N/A	N/A	$3,465	5.0%	N/A	N/A
18	Texas-Austin (McCombs)	$58,270	$58,270	$58,270	$56,924	$54,924	None	None	$‎ 3,346	6.1%
19	North Carolina (Kenan-Flagler)	$71,364	$68,112	$66,840	$66,270	$66,324	$3,252	4.8%	$‎ 5,040	7.6%
20	Washington (Foster)	$57,846	$56,127	$53,601	$53,531	$51,531	$1,719	3.1%	$‎ 6,315	12.3%
21	Emory (Goizueta)	$71,900	$70,200	$70,741	$69,339	$65,400	$1,700	2.4%	$‎ 6,500	9.9%
22	Indiana (Kelley)	$54,602	$53,553	$52,483	$51,454	$51,451	$1,049	2.0%	$‎ 3,151	6.1%
23	Washington (Olin)	$66,200	$64,250	$64,250	$62,981	N/A	$1,950	3.0%	N/A	N/A
24	Carnegie Mellon (Tepper)	$75,712	$72,800	$70,000	$70,000	$68,000	$2,912	4.0%	$‎ 7,712	11.3%
25	Georgetown (McDonough)	$64,600	$62,370	$60,894	$60,894	$59,700	$2,230	3.6%	$‎ 4,900	8.2%
27	Vanderbilt (Owen)	$68,500	$65,500	$62,750	$60,750	$58,400	$3,000	4.5%	$‎ 10,100	17.3%
29	Rice (Jones)	$69,000	$66,000	$63,500	$60,940	$60,940	$3,000	4.6%	$‎ 8,060	13.2%

Next page: Living expenses data

© Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.