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

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TUITION AT THE LEADING U.S. MBA PROGRAMS, 2021-2025

2025 P&Q Rank	School	2025 Tuition	2024 Tuition	2023 Tuition	2022 Tuition	2021 Tuition	2-Year Change	2-Year %	5-Year Change	5-Year %
7	Columbia Business School	$‎ 91,172	$‎ 88,300	$‎ 84,496	$‎ 80,542	$‎ 77,376	$‎ 2,872	3.3%	$‎ 13,796	17.8%
11	New York (Stern)	$‎ 89,254	$‎ 84,180	$‎ 82,326	$‎ 82,326	$‎ 78,700	$‎ 5,074	6.0%	$‎ 10,554	13.4%
17	UC-Berkeley (Haas)	$‎ 89,033	$‎ 82,059	$‎ 76,433	$‎ 76,187	$‎ 71,817	$‎ 6,974	8.5%	$‎ 17,216	24.0%
12	Pennsylvania (Wharton)	$‎ 87,970	$‎ 84,830	$‎ 87,370	$‎ 84,874	$‎ 76,000	$‎ 3,140	3.7%	$‎ 11,970	15.8%
8	Yale SOM	$‎ 87,800	$‎ 84,900	$‎ 82,700	$‎ 79,000	$‎ 74,500	$‎ 2,900	3.4%	$‎ 13,300	17.9%
3	Chicago (Booth)	$‎ 87,354	$‎ 84,198	$‎ 80,961	$‎ 77,841	$‎ 74,919	$‎ 3,156	3.7%	$‎ 12,435	16.6%
13	MIT (Sloan)	$‎ 86,800	$‎ 86,550	$‎ 84,200	$‎ 80,400	$‎ 78,954	$‎ 250	0.3%	$‎ 7,846	9.9%
9	Cornell (Johnson)	$‎ 86,596	$‎ 83,106	$‎ 79,910	$‎ 76,690	$‎ 74,026	$‎ 3,490	4.2%	$‎ 12,570	17.0%
1	Northwestern (Kellogg)	$‎ 86,370	$‎ 83,610	$‎ 81,015	$‎ 78,276	$‎ 76,368	$‎ 2,760	3.3%	$‎ 10,002	13.1%
2	Stanford GSB	$‎ 85,755	$‎ 82,455	$‎ 79,860	$‎ 76,950	$‎ 74,706	$‎ 3,300	4.0%	$‎ 11,049	14.8%
5	Virginia (Darden)	$‎ 84,598	$‎ 81,700	$‎ 78,600	$‎ 75,200	$‎ 72,600	$‎ 2,898	3.5%	$‎ 11,998	16.5%
6	Dartmouth (Tuck)	$‎ 84,250	$‎ 80,620	$‎ 77,520	$‎ 77,520	$‎ 77,520	$‎ 3,630	4.5%	$‎ 6,730	8.7%
22	Southern California (Marshall)	$‎ 83,853	$‎ 79,893	$‎ 72,501	$‎ 69,036	$‎ 53,806	$‎ 3,960	5.0%	$‎ 30,047	55.8%
15	Carnegie Mellon (Tepper)	$‎ 81,340	$‎ 78,362	$‎ 75,712	$‎ 72,800	$‎ 70,000	$‎ 2,978	3.8%	$‎ 11,340	16.2%
29	Michigan (Ross)	$‎ 81,152	$‎ 75,392	$‎ 73,196	$‎ 73,196	$‎ 72,114	$‎ 5,760	7.6%	$‎ 9,038	12.5%
10	Duke (Fuqua)	$‎ 81,000	$‎ 77,925	$‎ 75,000	$‎ 71,750	$‎ 70,000	$‎ 3,075	3.9%	$‎ 11,000	15.7%
14	UCLA (Anderson)	$‎ 79,452	$‎ 78,268	$‎ 74,618	$‎ 71,071	$‎ 67,737	$‎ 1,184	1.5%	$‎ 11,715	17.3%
4	Harvard Business School	$‎ 78,700	$‎ 76,410	$‎ 74,910	$‎ 73,440	$‎ 73,440	$‎ 2,290	3.0%	$‎ 5,260	7.2%
23	Emory (Goizueta)	$‎ 76,900	$‎ 74,000	$‎ 71,900	$‎ 70,200	$‎ 70,741	$‎ 2,900	3.9%	$‎ 6,159	8.7%
26	Rice (Jones)	$‎ 76,073	$‎ 73,500	$‎ 69,000	$‎ 66,000	$‎ 63,500	$‎ 2,573	3.5%	$‎ 12,573	19.8%
30	Vanderbilt (Owen)	$‎ 74,500	$‎ 71,250	$‎ 68,500	$‎ 65,500	$‎ 62,750	$‎ 3,250	4.6%	$‎ 11,750	18.7%
18	North Carolina (Kenan-Flagler)	$‎ 74,138	$‎ 71,956	$‎ 71,364	$‎ 68,112	$‎ 66,840	$‎ 2,182	3.0%	$‎ 7,298	10.9%
24	Notre Dame (Mendoza)	$‎ 73,260	$‎ 71,126	$‎ 64,660	$‎ 61,000	$‎ 58,030	$‎ 2,134	3.0%	$‎ 15,230	26.2%
21	Washington (Olin)	$‎ 70,250	$‎ 68,200	$‎ 64,250	$‎ 64,250	$‎ 64,250	$‎ 2,050	3.0%	$‎ 6,000	9.3%
25	Georgetown (McDonough)	$‎ 70,108	$‎ 67,184	$‎ 64,600	$‎ 62,370	$‎ 60,894	$‎ 2,924	4.4%	$‎ 9,214	15.1%
16	Texas-Austin (McCombs)	$‎ 61,214	$‎ 59,684	$‎ 58,270	$‎ 58,270	$‎ 58,270	$‎ 1,530	2.6%	$‎ 2,944	5.1%
19	Washington (Foster)	$‎ 59,574	$‎ 57,831	$‎ 57,846	$‎ 56,127	$‎ 53,601	$‎ 1,743	3.0%	$‎ 5,973	11.1%
34	Indiana (Kelley)	$‎ 55,695	$‎ 55,695	$‎ 54,602	$‎ 53,553	$‎ 52,483	$‎ 0	0%	$‎ 3,212	6.1%
19	Georgia Tech (Scheller)*	$‎ 43,646	$‎ 42,790	$‎ 40,752	$‎ 40,752	$‎ 40,752	$‎ 856	2.0%	$‎ 2,894	7.1%

*For domestic, out-of-state students; tuition for international students is $44,912

Source: Business schools

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

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