Kellogg SOM | Mr. Fertilizer Financier
GMAT 735 GMAT Focus, GPA 3.85
Harvard | Ms. Indian Engineer
GMAT 760, GPA 3.5
Wharton | Mr. Private Equity
GMAT 730, GPA 3.2
HEC Paris | Ms. M&A Lawyer
GMAT 700, GPA 3.5
Stanford GSB | Ms. UK In the USA
GMAT 720, GPA 1st class (UK scoring)
Kenan-Flagler | Mr. Do I Have A Shot?
GMAT EA: 151, GPA 3.1
Chicago Booth | Ms. Tech4Good
GMAT 760, GPA 3.76
Columbia | Mr. Underdog
GMAT 695 GMAT Focus (750 Legacy GMAT equivalent), GPA 2.85
McCombs School of Business | Mr. Big Pharma
GRE N/A, GPA 3.1
Kenan-Flagler | Mr. Non-Traditional Undergrad
GMAT 660, GPA 2.9
Kellogg SOM | Ms. Talent Acquisition
GRE 316, GPA 3.6
Ross | Mr. Tax Accountant
GMAT N/A, GPA 3.3
Tuck | Mr. Nothing Is Perma
GMAT 760, GPA 7/10
Kellogg SOM | Mr. Desi Product Manager
GMAT 740, GPA 2.90
Columbia | Mr. Clean
GMAT 770, GPA 3.1

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

by: Marc Ethier on August 28, 2024 | 8,466 Views

TOTAL ANNUAL COST AT 27 TOP U.S. MBA PROGRAMS, 2021 TO 2024

2024 P&Q Rank School 2024 Total Cost 2023 Total Cost 2022 Total Cost 2021 Total Cost 2-Year Change – Annual Total Cost 2-Year % 4-Year Change – Annual Total Cost 4-Year %
1 Stanford GSB $‎ 130,746 $‎ 126,465 $‎ 124,389 $‎ 119,964 $‎ 4,281 3.4% $‎ 10,782 9.0%
2 Harvard Business School $‎ 118,854 $‎ 115,638 $‎ 112,306 $‎ 112,764 $‎ 3,216 2.8% $‎ 6,090 5.4%
3 Dartmouth (Tuck) $‎ 124,514 $‎ 120,004 $‎ 117,575 $‎ 118,815 $‎ 4,510 3.8% $‎ 5,699 4.8%
4 Columbia Business School $‎ 132,258 $‎ 127,058 $‎ 122,460 $‎ 118,777 $‎ 5,200 4.1% $‎ 13,481 11.3%
5 Yale SOM $‎ 119,110 $‎ 114,816 $‎ 108,780 $‎ 104,752 $‎ 4,294 3.7% $‎ 14,358 13.7%
6 Duke (Fuqua) $‎ 110,826 $‎ 106,735 $‎ 100,269 $‎ 97,554 $‎ 4,091 3.8% $‎ 13,272 13.6%
7 Cornell (Johnson) $‎ 111,436 $‎ 107,211 $‎ 107,622 $‎ 101,685 $‎ 4,225 3.9% $‎ 9,751 9.6%
8 Virginia (Darden) $‎ 117,217 $‎ 108,951 $‎ 104,036 $‎ 100,778 $‎ 8,266 7.6% $‎ 16,439 16.3%
9 Michigan (Ross) $‎ 102,984 $‎ 99,780 $‎ 99,949 $‎ 97,566 $‎ 3,204 3.2% $‎ 5,418 5.6%
10 New York (Stern) $‎ 126,874 $‎ 123,253 $‎ 121,525 $‎ 121,541 $‎ 3,621 2.9% $‎ 5,333 4.4%
11 Chicago (Booth) $‎ 125,937 $‎ 122,160 $‎ 115,062 $‎ 111,855 $‎ 3,777 3.1% $‎ 14,082 12.6%
12 Northwestern (Kellogg) $‎ 125,191 $‎ 120,432 $‎ 117,259 $‎ 111,658 $‎ 4,759 4.0% $‎ 13,533 12.1%
13 UCLA (Anderson) $‎ 128,687 $‎ 121,591 $‎ 117,398 $‎ 113,893 $‎ 7,096 5.8% $‎ 14,794 13.0%
14 MIT (Sloan) $‎ 126,744 $‎ 109,180 $‎ 119,995 $‎ 117,998 $‎ 17,564 16.1% $‎ 8,746 7.4%
15 UC-Berkeley (Haas) $‎ 124,041 $‎ 116,178 $‎ 115,931 $‎ 110,595 $‎ 7,863 6.8% $‎ 13,446 12.2%
16 Carnegie Mellon (Tepper) $‎ 111,786 $‎ 107,084 $‎ 101,922 $‎ 97,929 $‎ 4,702 4.4% $‎ 13,857 14.2%
17 Washington (Foster) $‎ 115,662 $‎ 115,692 $‎ 112,254 $‎ 107,202 $‎ (30) -0.02% $‎ 8,460 7.9%
18 Rice (Jones) $‎ 99,529 $‎ 96,260 $‎ 90,537 $‎ 80,090 $‎ 3,269 3.4% $‎ 19,439 24.3%
19 Texas-Austin (McCombs) $‎ 84,605 $‎ 82,738 $‎ 81,128 $‎ 80,324 $‎ 1,867 2.3% $‎ 4,281 5.3%
20 North Carolina (Kenan-Flagler) $‎ 102,414 $‎ 99,928 $‎ 96,676 $‎ 94,632 $‎ 2,486 2.5% $‎ 7,782 8.2%
21 Vanderbilt (Owen) $‎ 107,172 $‎ 106,909 $‎ 96,155 $‎ 93,751 $‎ 263 0.2% $‎ 13,421 14.3%
22 Southern California (Marshall) $‎ 106,769 $‎ 107,539 $‎ 102,964 $‎ 92,960 $‎ (770) -0.7% $13,809 14.9%
23 Emory (Goizueta) $‎ 102,931 $‎ 104,775 $‎ 94,934 $‎ 95,475 $‎ (1,844) -1.8% $‎ 7,456 7.8%
24 Georgetown (McDonough) $‎ 106,781 $‎ 103,513 $‎ 94,934 $‎ 95,475 $‎ 3,268 3.2% $‎ 11,306 11.8%
28 Washington (Olin) $‎ 85,896 $‎ 89,546 $‎ 87,508 $‎ 87,508 $‎ (3,650) -4.1% $‎ (1,612) -1.8%
31 Pennsylvania (Wharton) $‎ 127,716 $‎ 124,476 $‎ 118,568 $‎ 115,464 $‎ 3,240 2.6% $‎ 12,252 10.6%
37 Indiana (Kelley) $‎ 83,258 $‎ 81,386 $‎ 80,275 $‎ 78,658 $‎ 1,872 2.3% $‎ 4,600 5.8%
Source: Business schools

ESTIMATED 2-YEAR COST AT 27 TOP U.S. MBA PROGRAMS

2024 P&Q Rank School Estimated Total 2-Year Cost (2024)* Estimated Total 2-Year Cost (2023) Change %
1 Stanford GSB $‎ 257,211 $‎ 250,854 $‎ 6,357 2.5%
2 Harvard Business School $‎ 234,492 $‎ 227,944 $‎ 6,548 2.9%
3 Dartmouth (Tuck) $‎ 244,518 $‎ 237,579 $‎ 6,939 2.9%
4 Columbia Business School $‎ 259,316 $‎ 249,518 $‎ 9,708 3.9%
5 Yale SOM $‎ 233,926 $‎ 223,596 $‎ 10,330 4.6%
6 Duke (Fuqua) $‎ 217,561 $‎ 207,004 $‎ 10,557 5.1%
7 Cornell (Johnson) $‎ 218,647 $‎ 214,833 $‎ 3,814 1.8%
8 Virginia (Darden) $‎ 226,168 $‎ 212,987 $‎ 13,181 6.2%
9 Michigan (Ross) $‎ 202,764 $‎ 199,729 $‎ 3,035 1.5%
10 New York (Stern) $‎ 250,127 $‎ 244,778 $‎ 5,349 2.2%
11 Chicago (Booth) $‎ 248,097 $‎ 237,222 $‎ 10,875 4.6%
12 Northwestern (Kellogg) $‎ 245,623 $‎ 237,691 $‎ 7,932 3.3%
13 UCLA (Anderson) $‎ 250,278 $‎ 238,989 $‎ 11,289 4.7%
14 MIT (Sloan) $‎ 235,924 $‎ 229,175 $‎ 6,749 2.9%
15 UC-Berkeley (Haas) $‎ 240,219 $‎ 232,109 $‎ 8,110 3.5%
16 Carnegie Mellon (Tepper) $‎ 218,870 $‎ 209,006 $‎ 9,864 4.7%
17 Washington (Foster) $‎ 231,354 $‎ 227,946 $‎ 3,408 1.5%
18 Rice (Jones) $‎ 195,789 $‎ 186,797 $‎ 8,992 4.8%
19 Texas-Austin (McCombs) $‎ 167,343 $‎ 163,866 $‎ 3,477 2.1%
20 North Carolina (Kenan-Flagler) $‎ 202,342 $‎ 196,604 $‎ 5,738 2.9%
21 Vanderbilt (Owen) $‎ 214,081 $‎ 203,064 $‎ 11,017 5.4%
22 Southern California (Marshall) $‎ 214,308 $‎ 210,503 $‎ 3,805 1.8%
23 Emory (Goizueta) $‎ 207,706 $‎ 199,709 $‎ 7,997 4.0%
24 Georgetown (McDonough) $‎ 210,294 $‎ 198,447 $‎ 11,847 6.0%
31 Pennsylvania (Wharton) $‎ 252,192 $‎ 243,044 $‎ 9,148 3.8%
37 Indiana (Kelley) $‎ 164,644 $‎ 161,661 $‎ 2,983 1.8%
*Calculated by adding MBA1 + MBA2
Source: Business schools & P&Q analysis

DON’T MISS THIS IS WHAT IT COSTS TO GET AN MBA FROM A TOP BUSINESS SCHOOL (2023)

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