Debt Burden At The Top 50 U.S. B-Schools: How Much Can You Expect To Owe For Your MBA?

Debt Burden At The Top 50 U.S. B-Schools: How Much You Can Expect To Owe For Your MBA

2023 TUITION & FEES AND MBA AVERAGE PAY AT THE TOP U.S. B-SCHOOLS RANKED 26-50 and MORE

2024 P&Q Rank School Tuition & Fees – 2023 MBA Average Pay – 2023*
26 Rochester (Simon) $52,500 $168,015
27 Georgia Institute of Technology (Scheller) $40,752 $179,139
28 Washington (Olin) $50,663 $146,711
29 Georgia (Terry) $32,606 $144,337
30 Notre Dame (Mendoza) $64,660 $161,919
31 Pennsylvania (Wharton) $87,370 $194,876
32 Brigham Young (Marriott) $15,076 $132,209
33 Texas-Dallas (Jindal) $30,054 $116,003
34 William & Mary (Mason) $49,470 $131,110
35 Arizona State (Carey) $51,290 $143,846
36 Boston College (Carroll) $62,280 $145,682
37 Indiana (Kelley) $54,602 $167,026
38 Michigan State (Broad) $54,616 $127,285
39 Maryland (Smith) $61,747 $153,331
40 UC-Irvine (Merage) $62,843 $134,374
41 Boston University (Questrom) $63,798 $130,313
42 George Washington $62,488 $124,365
43 Texas A&M (Mays) $44,278 $142,894
44 Minnesota (Carlson) $55,920 $160,939
45 UC-Davis $59,851 $128,654
46 Southern Methodist (Cox) $48,394 $154,526
47 Northeastern (D’Amore-McKim) $48,262 $99,314
48 Babson (Olin) $56,677 $116,711
49 Rutgers Business School $51,996 $113,898
50 Ohio State (Fisher) $57,960 $155,421
52 Pittsburgh (Katz) $54,004 $130,616
53 Wisconsin $68,500 $146,762
55 Utah (Eccles) $35,000 $128,159
56 Massachusetts-Amherst (Isenberg) $37,838 $105,403
57 Texas Christian (Neeley) $53,595 $130,407
59 Penn State (Smeal) $44,990 NA
60 Fordham (Gabelli) $60,392 $133,377
60 Baylor (Hankamer) $54,844 $89,127
64 Houston (Bauer) $43,318 $102,792
69 South Carolina (Moore) $65,904 $115,567
69 Arizona (Eller) $45,461 $101,573
UR St. Louis Chaifetz $56,274 $79,127**
UR American Kogod $43,245 $117,147**

*Calculated taking average salary X 100, adding to average sign-on bonus X percentage of students reporting that they received it, then dividing by 100. 

**Salary plus bonus, not total pay

Source: Tuition & fees is from U.S. News via the Foster MBA Calculator for most schools except Chaifetz, Katz, Eccles, Eller, Bauer, Isenberg, Moore, Gabelli, Davis, Mays and Smeal. Out-of-state is used where there is a difference.

DON’T MISS HIGH & LOW MBA SALARIES AND BONUSES AT THE TOP 100 U.S. B-SCHOOLS and TOTAL MBA PAY AT THE TOP 100 U.S. B-SCHOOLS