MBA Fees (2018/2019): Calculating the Cost of your Studies

MBA Fees (2018/2019): Calculating the Cost of your Studies

Cost of an MBA

Over the past few decades, the average cost of attending a top U.S. MBA has increased faster than the rate of inflation.

The table below shows tuition fees of two-year, full-time MBA programs in United States.







Business SchoolTotal Tuition Fees (Class of 2019)First-Year Tuition (2018/2019)First-Year Tuition (2017/2018)
Wharton School$155,528$78,948 +3.09%$76,580
Harvard Business School(1)$146,880$73,440 +2.00%$72,000
MIT Sloan$145,200$74,200 +4.51%$71,000
Chicago Booth$141,200$72,000 +4.05%$69,200
Darmouth (Tuck)$141,060$72,150 +4.70%$68,910
NYU (Stern)$140,762$71,676 +3.75%$69,086
Northwestern (Kellogg)$140,499$71,544 +3.75%$68,955
Stanford GSB$139,458$70,590 +2.50%$68,868
Yale SOM$136,150$69,500 +4.28%$66,650
Michigan (Ross) - (Out-Of-State)$135,946$68,646 +2.00%$67,300
Virginia-Darden - (International)$134,430$68,510 +3.93%$65,920
Virginia-Darden - (Out-Of-State)$134,150$68,350 +3.88%$65,800
Duke (Fuqua)$133,865$68,200 +3.86%$65,665
Carnegie Mellon (Tepper)(1)$132,000$66,000 +3.13%$64,000
Cornell (Johnson)$130,184$66,290 +3.75%$63,894
Virginia-Darden - (In-State)$128,150$65,350 +4.06%$62,800
Michigan (Ross) - (In-State)$125,946$63,646 +2.16%$62,300
UNC Kenan-Flager - (Out-Of-State)$125,456$64,182 +4.75%$61,274
UC Berkeley (Haas) - (Out-Of-State)$121,245$61,506 +2.96%$59,739
Emory (Goizueta)$121,000$62,000 +5.08%$59,000
UC Berkeley (Haas) - (In-State)$119,772$61,050 +3.96%$58,722
UCLA (Anderson) - (Out-Of-State)$118,454$59,866 +2.18%$58,588
Washington University in St. Louis (Olin)$117,850$59,950 +3.54%$57,900
UCLA (Anderson) - (In-State)$116,775$59,866 +5.20%$56,909
Georgetown University (McDonough)$114,900$58,500 +3.72%$56,400
USC (Marshall)$107,500
University of Texas at Austin (McCombs) - (International)$106,304$54,500 +5.20%$51,804
University of Texas at Austin (McCombs) - (Out-Of-State)$106,304$54,500 +5.20%$51,804
Rensselaer Polytechnic Institute (Lally)$103,550$52,550 +3.04%$51,000
IUPUI/IU (Kelley) - (Out-of-State)$97,082$49,955 +6.00%$47,127
UNC Kenan-Flager - (In-State)$95,212$49,060 +6.30%$46,152
Syracuse University (Whitman)$84,186
University of Texas at Austin (McCombs) - (In-State)$75,824$40,500 +14.65%$35,324
IUPUI/IU (Kelley) - (In-State)$53,318$27,053 +3.00%$26,265
(1) Tuition rate is fixed for the length of the 2-year MBA program
Cost converted in USD