- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
World's Most Expensive Executive MBA Programs
Posted on 5/16/11 at 3:54 pm
Posted on 5/16/11 at 3:54 pm
quote:
Six Figures: World's Most Expensive Executive MBA Programs
School Tuition & Fees
1. Pennsylvania (Wharton), San Francisco, CA $172,200
2. Pennsylvania (Wharton), Philadelphia, CA $162,300
3. Northwestern (Kelloggg), Evanston, IL $153,900
4. Berkeley (Haas)/Columbia, Berkeley, CA & New York, NY $150,000
5. Columbia Business School, New York, NY $148,320
6. Duke (Fuqua) Global EMBA, Durham, NC $146,600
7. London Business School/Columbia, London & New York $144,156
8. New York (Stern), New York, NY $144,000
9. Chicago (Booth), Chicago, IL $142,000
10. Trium: NYU/LSE/HEC, New York, London, Paris $140,000
11. Cornell (Johnson), Ithaca, NY $138,800
12. IMD, Lausanne, Switzerland $132,500
13. Michigan (Ross), Ann Arbor, MI $130,000
14. London/HKU/Columbia, London, Hong Kong, New York $127,920
15. Kellogg/HK Univ. of Science & Tech, Evanston, IL & Hong Kong $124,500
16. INSEAD, Fontainebleau, France $122,400
17. Southern California (Marshall), Los Angeles, LA $111,000
18. Georgetown (McDonough), Washington, D.C. $110,000
19. Rutgers University, Newark, NJ $110,000
20. UCLA (Anderson), Los Angeles, CA $108,240
21. Pepperdine (Graziadio), Los Angeles, CA $105,650
22. Cornell/Queens, Ithaca, NY & Kingston, Ontario $103,680
LINK
Is it a risk investing so much money in yourself? Do these degrees really pay off in the long run?
A lot of people seem to think so if they are participating in such huge numbers and the schools are running the EMBA programs with such success.
3
Posted on 5/16/11 at 4:05 pm to rickgrimes
quote:
Is it a risk investing so much money in yourself?
Most of the students are probably being sponsored by a company.
Posted on 5/16/11 at 4:11 pm to TheHiddenFlask
From the article:
quote:
Perhaps the biggest surprise about these high prices is that over the past ten years, fewer and fewer executives are now sponsored by their companies. So now the executives who enroll in these programs more often than not have to pay their own pay. "When many of these programs were started, most students were fully sponsored and some schools wouldn't accept you unless you had a sponsorship letter," adds Desiderio. "At the 210 schools in our membership today, only 35% of the student population is fully funded. That is a dramatic change from a decade ago. Part of it is just the way companies have changed in how they view reimbursement with so many people moving from company to company. I also think companies have felt the pinch and they may want their employees to have some skin in the game."
Posted on 5/16/11 at 4:12 pm to rickgrimes
My mistake.
That's shocking.
No way I would pay that.
That's shocking.
No way I would pay that.
Posted on 5/16/11 at 4:15 pm to TheHiddenFlask
If I don't get where I want to get and I get a 730 on the GMAT, I will gladly pay Wharton 160k.
Posted on 5/16/11 at 4:22 pm to kfizzle85
I know that when I got my EMBA at UNO (at a fraction of those prices), it was the most profitable program for the university. I am sure it is the same at those schools
Posted on 5/16/11 at 4:22 pm to rickgrimes
quote:A Duke BA runs about $220K as a point of reference.
Duke (Fuqua) Global EMBA, Durham, NC $146,600
Posted on 5/16/11 at 4:41 pm to kfizzle85
quote:
If I don't get where I want to get and I get a 730 on the GMAT, I will gladly pay Wharton 160k.
My thoughts exactly. If you want to do management consulting at McKinsey, Bain, or BCG or IB at a BB then these programs are well worth the investment.
If you want to go work for a NFP making $50,000 a year, then you probably should reconsider.
These top programs allow your career to take flight unlike any others in the world. Hence, the value they offer.
Posted on 5/16/11 at 4:41 pm to kfizzle85
quote:
If I don't get where I want to get and I get a 730 on the GMAT, I will gladly pay Wharton 160k.
Where do you expect to work after finishing your MBA? Investment Banking/Wall Street? Because I don't see any other job that can give you a faster ROI that can help you pay off that huge debt quickly. That is almost like paying off a house and you get 30 years to repay that!
Also curious - does any one know what kind of salaries the newly minted MBAs with a few years of experience make coming out of Harvard, Wharton and the other top 5-7 schools?
Posted on 5/16/11 at 4:42 pm to rickgrimes
quote:
Also curious - does any one know what kind of salaries the newly minted MBAs with a few years of experience make coming out of Harvard, Wharton and the other top 5-7 schools?
On average, between $110,000 and $130,000. Most of the tops schools are closer to the 120-130 mark.
Posted on 5/16/11 at 4:58 pm to rickgrimes
quote:
Where do you expect to work after finishing your MBA? Investment Banking/Wall Street?
Yes. ETA: FWIW I know my friend just finished PA school and he has six figure debt. Unless you get a scholarship or completely wreck it (correlation between these two is high), if you go to a private uni for law school you're getting six figures too. This is the cost of higher education, period.
This post was edited on 5/16/11 at 5:00 pm
Posted on 5/16/11 at 5:49 pm to rickgrimes
I know at Kellogg, 50% have full sponsorship from their employer and 80% get some sort of sponsorship. Also, over 80% enter the program with a salary over 100k and most are significantly above 100k. So for the 20% who are spending ~$150k plus on an exec MBA, I would hope they need the name on their resume to move into a significant upper management position. Schools don't even publish exit salary data for exec MBAs because the salaries probably don't change much. At the end of the day, Exec MBAs are cash cows for universities because the programs are used by companies to beef up the credentials of their rising stars.
Posted on 5/16/11 at 6:41 pm to lsu711
Good post. The salary information I gave is in reference to the programs' typical MBA program, not EMBA. Sorry for the confusion.
This post was edited on 5/16/11 at 6:42 pm
Posted on 5/16/11 at 7:25 pm to rickgrimes
quote:That is the pertinent.
Also curious - does any one know what kind of salaries the newly minted MBAs with a few years of experience make coming out of Harvard, Wharton and the other top 5-7 schools?
My educated guess re: Business is that if you are competitively motivated, and you are looking for something in the Southeast, LSU will do just fine at 1/4 the cost.
This post was edited on 5/17/11 at 11:58 am
Posted on 5/16/11 at 8:09 pm to NC_Tigah
This thread makes me happy about my free LSU MBA.
Not making 6 figures, but also not living in NY. cost of living adjusted, I am not that far off.
Not making 6 figures, but also not living in NY. cost of living adjusted, I am not that far off.
Posted on 5/16/11 at 8:36 pm to TheHiddenFlask
The CEO that runs the Business that I align with has an MBA from Wharton. He is very Business savvy, but I suspect much of it was developed on the job.
I'm actually being put through this sometime in the next 18 months. (not at Wharton) As a Manufacturing Manager with a Chemical Engineering degree, it is vital to the fast track that leads to a Business Level role, which would more than double my salary, which isn't low.
The EMBA is exactly what it states, it is for people on an executive path, and it positions them for potential earnings that will more than pay for the investment.
I'm actually being put through this sometime in the next 18 months. (not at Wharton) As a Manufacturing Manager with a Chemical Engineering degree, it is vital to the fast track that leads to a Business Level role, which would more than double my salary, which isn't low.
The EMBA is exactly what it states, it is for people on an executive path, and it positions them for potential earnings that will more than pay for the investment.
This post was edited on 5/16/11 at 8:39 pm
Posted on 5/16/11 at 10:16 pm to NC_Tigah
We've been through this a million times though. Its not about whether the classes at LSU are as good as the classes at Wharton, its about the network you develop and what you want to get out of the degree. The more levered degrees are more aligned for more levered careers, simply put.
Posted on 5/16/11 at 10:52 pm to kfizzle85
I'm doing the EMBA at USC(Marshall) and it costs the same as the full time. At 110K I wouldn't be doing it if the GI bill wasn't paying for it. The material isn't all that mind bending but the faculty are top notch and as other posters have stated the networking power is eye opening.
Posted on 5/17/11 at 3:00 am to penthouse
Will the GI Bill pay for any MBA program as long as you get accepted? FYI I am an officer that is 1 year through a 4 year commitment and havent decided if I am going to get out or make a Army career
Posted on 5/17/11 at 2:14 pm to SitchProdigy
The post 9-11 GI Bill will pay for a portion of it if you get out. The percentage depends on what state you are in and what program. If you do it while on Active Duty you can get 100% reimbursement the way it is written now. This might change as the bill is being modified next year.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News