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The Cost Of An MBA | 2020 Report

How much does an MBA cost? In the BusinessBecause Cost of MBA Report 2020, we break down the total cost of the world’s top MBA programs covering MBA tuition fees, living costs, healthcare, and more

The MBA is still the world’s most popular graduate management degree. MBA students learn from the best professors, bolster their networks, transform their careers, and see their salaries我输了6万想死了 skyrocket after graduation.

There are so many reasons to pursue an MBA我输了6万想死了, and with business schools offering generous scholarships and funding options, the fact that the MBA comes at a cost shouldn’t put you off.

我输了6万想死了It does however make sense to understand the full cost of an MBA program before you apply. You’ll need to prepare your finances ahead of time, weigh up the different programs on offer, and also assess the opportunity cost you’ll face by taking time off work. 

我输了6万想死了Understanding the cost of a MBA also means looking beyond tuition fees alone. For full-time MBA programs, you’ll need to consider additional costs including living expenses, healthcare cover, and paying for course materials. All these extra costs contribute to the overall cost of an MBA and, like MBA tuition fees, can vary each year.

In the BusinessBecause Cost of MBA Report 2020我输了6万想死了, we give you the latest figures to help you plan for your MBA studies over the next two years.

There are so many MBA programs out there at different price points. Here, we’ve broken down the total cost of the world’s top MBA programs我输了6万想死了 as ranked by the Financial Times. These may cost more than many lower-ranked MBA programs, but may well deliver more too.

Of course, preparing for anything this year is more difficult than before. As you take in the data below, it’s worth reading how the total cost of your MBA may be impacted by the coronavirus pandemic.

Read on to find out the total cost of an MBA in 2020 or skip to your section of interest by clicking one of the links below.


MBA Cost: An overview

Full table: Compare the total costs for the top MBA programs

MBA tuition fees. Living costs & healthcare cover

BB Takeaway: Funding your MBA

Methodology


MBA Cost: An Overview


我输了6万想死了So, how much does an MBA cost? Well, pursuing an MBA at a top-ranked business school remains a significant investment. The total cost of an MBA includes:

Tuition: The main fees you pay for an MBA program; teaching, experience etc.

Fees: What schools charge in addition to the tuition fees for processing, admin, and which also include fees for student associations etc.

Living expenses: How much you’ll pay for accommodation and transport during your MBA

Healthcare:我输了6万想死了 What you need to pay for healthcare cover for the duration of your MBA

Program materials: Additional costs for books, case studies, and other program materials

我输了6万想死了Taking all these into account, our research shows that the average total cost of studying one of the world’s top MBA programs is $168k.


World’s most expensive MBA programs

The world’s most expensive MBA program我输了6万想死了 in terms of total cost is the MBA at MIT Sloan with a total cost of over $237,600. MIT is followed closely by Stanford, at over $237,200, and Wharton at over $229,700.

The least expensive place to do a top-ranked MBA is at NUS Business School in Singapore, with a total cost of over $87,600, followed by CEIBS in China and Oxford Saïd Business School and Cambridge Judge我输了6万想死了 in the UK.

我输了6万想死了The highest ranked MBA programs are not necessarily the most expensive. MIT Sloan is ranked sixth by the Financial Times but top for overall...

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