For the 2024-25 session, none of the Business schools maintained the same tuition fee or cost as that of 2023.
On average, the percent increase in the total cost remained in the 5% to 15% range.
The highest increase in the cost was from Paul Merage School of Business with 32% hike and Broad College of Business with a 38% hike. Despite such noticeable hike, these two schools remained at the bottom of the Top 30 US schools ranked based on the post-MBA salary.
Johnson Graduate School of Business and UC Davis Graduate School of Business were the only schools with a slight decrease in total Full-Time MBA Cost by 0.3 and 0.2 percent, respectively.
Among the T20 US MBA programs, Darden, with a 12% hike, and Fuqua, with a 10% hike, had the highest increase in total cost.
M7 MBAs like Booth, Stanford, Columbia, Harvard, Wharton saw a hike ranging from 3% to 8%. The increase in the total cost for 2024 is almost twice and thrice as compared to the increase in 2023.
Rank | Business School Name | Total Salary 2024 | Total Salary 2023 | Total Salary 2022 | Total Cost 2024 | Total Cost 2023 | Total Cost 2022 | % Increase in Cost (2023-2024) |
1 | University of Chicago Booth School of Business | $213,000 | $205,000 | $190,000 | $241,720 | $230,124 | $229,206 | 5.3% |
2 | Stanford Graduate School of Business | $212,500 | $205,000 | $188,000 | $261,492 | $248,778 | $243,000 | 5.1% |
3 | Columbia Business School | $206,000 | $205,000 | $180,000 | $254,116 | $244,920 | $243,050 | 3.5% |
4 | Harvard Business School | $205,000 | $205,000 | $180,500 | $237,708 | $223,084 | $225,173 | 6.5% |
4 | NYU Stern School of Business | $205,000 | $205,000 | $190,000 | $253,748 | $246,506 | $251,146 | 2.9% |
4 | Wharton Business School (Base Salary) | $205,000 | $175,000 | $155,000 | $254,028 | $235,136 | $239,424 | 8% |
4 | Kellogg School of Management | $205,000 | $1950,00 | $175,000 | $238,864 | $234,518 | $223,316 | 1.8% |
4 | Ross School of Business | $205,000 | $1950,00 | NA | $196,300 | $189,560 | $193,468 | 3.5% |
4 | Johnson Graduate School of Business | $205,000 | $193,000 | $176,600 | $214,422 | $215,244 | $211,866 | -0.3% |
4 | Fuqua School of Business | $205,000 | $190,000 | $176,000 | $221,644 | $200,538 | $204,214 | 10% |
4 | Yale School of Management | $205,000 | $190,000 | $170,000 | $238,220 | $217,560 | $219,560 | 9.4% |
4 | Darden School of Business | $205,000 | NA | $180,000 | $228,026 | $202,394 | $199,712 | 12.6% |
4 | Dartmouth Tuck | $205,00 | NA | NA | $260,000 | $238,908 | NA | 4% |
5 | Haas School of Business | $203,000 | $188,418 | $149,000 | $223,572 | $214,336 | $220,482 | 4.3% |
6 | MIT Sloan School of Management | $200,000 | $195,000 | $180,000 | $250,978 | $239,990 | $241,492 | 4.5% |
7 | McDonough School of Business | $192,581 | $174,500 | $160,000 | $207,026 | $197,692 | $193,126 | 4.7% |
8 | Tepper School of Business | $192,175 | $173,067 | $159,000 | $214,168 | $203,844 | $197,988 | 5% |
9 | McCombs School of Business | $190,650 | $170,500 | $155,000 | $156,036 | $150,816 | $161,986 | 3.4% |
10 | USC Marshall School of Business | $187,532 | $187,000 | $159,000 | $204,400 | $195,924 | $207,028 | 4.3% |
11 | Jones Graduate School of Business | $186,500 | $170,500 | $165,000 | $203,000 | $188,400 | $186,486 | 7.7% |
12 | UNC Chapel Hill Kenan-Flagler Business School | $181,334 | $160,000 | $155,000 | $168,468 | $166,522 | $179,040 | 1.1% |
13 | Foster School of Business (Base Salary) | $181,000 | $143,200 | NA | $160,032 | $138,112 | $154,700 | 15% |
14 | UCLA Anderson School of Management | $180,000 | NA | $129,000 | $244,741 | $240,472 | $234,432 | 1.7% |
15 | Kelley School of Business | $178,132 | $160,000 | $150,000 | $111,552 | $110,334 | $135,980 | 1.1% |
16 | Mendoza College of Business | $172,098 | $160,000 | $145,950 | $189,196 | $169,496 | NA | 11.6% |
17 | Carlson School of Management | $149,172 | $149,172 | $111,477 | $141,076 | $136,338 | $182,934 | 3.4% |
18 | BU Questrom School of Business | $145,000 | $147,500 | NA | $179,874 | $172,726 | NA | 4.1% |
19 | Smeal College of Business (one year) | $144,000 | $144,000 | $137,500 | $53,786 | $478,50 | NA | 12.4% |
20 | UC Davis Graduate School of Business | $143,419 | $128,000 | NA | $164,362 | $1,57,672 | NA | -0.2% (negative) |
21 | Paul Merage School of Business | $138,000 | $154,816 | NA | $181,510 | $137,339 | NA | 32% |
22 | Broad College of Business | $130,000 | $143,577 | NA | $150,876 | $108,744 | NA | 38% |