Tuck | Mr. Invest In Change
GMAT 710, GPA 3.1
Tuck | Mr. Chemical Engineer
GRE 326, GPA 3
INSEAD | Mr. Future AI Product Manager
GMAT 715, GPA 3.7
NYU Stern | Mr. Operations Strategy & Youth Leadership
GMAT 770, GPA 4
IE Business School | Mr. JD Garay
GRE GPA: 3.9, GPA 3.0
Kellogg SOM | Mr. Military To Entrepreneur
GMAT 745, GPA 2.38
London Business School | Mr. Decarbonisation
GMAT 695, GPA 3.5
Kellogg SOM | Mr. MENA Growth Equity
GMAT 730, GPA 3.4
Kellogg SOM | Mr. West Point Logistics
GRE 327, GPA 2.76
Harvard | Mr. Energy & AI PM
GRE 328, GPA 9.65
Tepper | Mr. Tech Mil-Veteran
GMAT TBD, GPA 3.35
Columbia | Mr. European MBB Consultant
GMAT 645 (Gmat Focus), GPA 8.2
MIT Sloan | Mr. Startup Strategy
GMAT 720, GPA 3.7
Stanford GSB | Mr. Mid-Market PE
GMAT 770, GPA 4
Stanford GSB | Mr. MBB Guy From Big 4 & Startup
GRE 325, GPA 3

The MBA Price Tag: 21 Of The Top 25 U.S. B-Schools Now Charge $100K A Year Or More

The number of elite U.S. B-schools crossing the six-figure annual threshold dipped slightly this year — but the overall cost of a two-year MBA keeps climbing

by: Marc Ethier on August 27, 2025 | 9 minute read

Columbia Business School

ESTIMATED TWO-YEAR TOTAL COST FOR THE LEADING U.S. MBA PROGRAMS

2025 P&Q Rank School Estimated Total 2-Year Cost (2025)* Estimated Total 2-Year Cost (2024)* Change %
7 Columbia Business School $‎ 269,829 $‎ 259,316 $‎ 10,513 4.1%
2 Stanford GSB $‎ 266,517 $‎ 257,211 $‎ 9,306 3.6%
11 New York (Stern) $‎ 262,714 $‎ 250,127 $‎ 12,587 5.0%
14 UCLA (Anderson) $‎ 260,348 $‎ 250,278 $‎ 10,070 4.0%
12 Pennsylvania (Wharton) $‎ 260,120 $‎ 252,192 $‎ 7,928 3.1%
17 UC-Berkeley (Haas) $‎ 257,696 $‎ 240,219 $‎ 17,477 7.3%
13 MIT (Sloan) $‎ 255,828 $‎ 235,924 $‎ 19,904 8.4%
3 Chicago (Booth) $‎ 255,340 $‎ 248,097 $‎ 7,243 2.9%
6 Dartmouth (Tuck) $‎ 254,450 $‎ 244,518 $‎ 9,932 4.1%
1 Northwestern (Kellogg) $‎ 254,043 $‎ 245,623 $‎ 8,420 3.4%
4 Harvard Business School $‎ 245,390 $‎ 234,492 $‎ 10,898 4.6%
8 Yale SOM $‎ 243,046 $‎ 233,926 $‎ 9,120 3.9%
5 Virginia (Darden) $‎ 238,492 $‎ 226,168 $‎ 12,324 5.4%
19 Washington (Foster) $‎ 234,810 $‎ 231,354 $‎ 3,456 1.5%
9 Cornell (Johnson) $‎ 231,430 $‎ 218,647 $‎ 12,783 5.8%
15 Carnegie Mellon (Tepper) $‎ 228,214 $‎ 218,870 $‎ 9,344 4.3%
10 Duke (Fuqua) $‎ 225,778 $‎ 217,561 $‎ 8,217 3.8%
23 Emory (Goizueta) $‎ 218,654 $‎ 207,706 $‎ 10,948 5.3%
30 Vanderbilt (Owen) $‎ 218,321 $‎ 214,081 $‎ 4,240 2.0%
25 Georgetown (McDonough) $‎ 218,268 $‎ 210,294 $‎ 7,974 3.8%
29 Michigan (Ross) $‎ 214,709 $‎ 202,764 $‎ 11,945 5.9%
18 North Carolina (Kenan-Flagler) $‎ 205,374 $‎ 202,342 $‎ 3,032 1.5%
24 Notre Dame (Mendoza) $‎ 204,291 $‎ 192,366 $‎ 11,925 6.2%
26 Rice (Jones) $‎ 196,652 $‎ 195,789 $‎ 863 0.4%
21 Washington (Olin) $‎ 193,890 $‎ 175,442 $‎ 18,448 10.5%
22 Southern California (Marshall) $‎ 184,370 NA NA NA
16 Texas-Austin (McCombs) $‎ 170,494 $‎ 167,343 $‎ 3,151 1.9%
34 Indiana (Kelley) $‎ 167,198 $‎ 164,644 $‎ 2,554 1.6%
19 Georgia Tech (Scheller) $‎ 133,150 $‎ 127,622 $‎ 5,528 4.3%
Source: Business schools

Next page: 2021-2025 tuition data for 29 of the leading U.S. MBA programs, including the P&Q top 25.

Previous Page
Continue Reading

© 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.