For most people who want to gain an MBA degree, one of the biggest hurdles they face is the cost of these MBA programs. Check this list of the most expensive MBA programs and also our research about online MBA no GMAT low-cost programs.
To give you a clearer estimate of how expensive is expensive, we have compiled the top 9 schools with the most expensive MBA programs. This will present a comparison of how much you would save if you chose some of the cost effective MBA programs. See below our list of the most expensive MBA schools.
The total costs listed here include tuition, books, other fees and the estimated cost of living in the area where the school is located. However, in most cases, these estimates are conservative. Some schools have not included fees for global tour programs, conferences, and clubs which would range from $900 to $4,000 annually.
These additional costs would add about 10-20% to the total cost, which would make it even more expensive.
See the difference and the money you could save if you enroll in an MBA program that will give you almost the same quality, but would cut off more than half the cost of these top schools. Therefore, be vigilant and do your own extensive research into which schools offer affordable yet quality MBA programs.
All costs are estimates and indicated by the schools themselves. The most expensive US MBA programs, total cost per year:
1. University of Pennsylvania Wharton Business School $93,000
2. New York University Stern School of Business $92,266
3. Stanford Graduate School of Business $90,531
4. Dartmouth College Tuck School of Business $90,200
5. University of Chicago Booth School of Business $88,683
6. MIT Sloan School of Management $88,949
7. Columbia University Business School $89,243
8. Harvard University Business School $87,200
9. Northwestern University Kellogg School of Management $84,454
All costs are estimates and for 2013/14