MBAs Are Expensive, But There Are Bargains Out There
In this edition of Businessweek Daily, we’re featuring stories about business schools from the April issue of the magazine. If this newsletter has been forwarded to you, click here to sign up. Let us know what you think by emailing our editor. You can also subscribe to get the print edition.
Our special report on the Business of Business Education tackles a question we often confront in our coverage of graduate MBA programs: Why does business school cost so much? The factors that have driven up the cost are largely the same as those that have affected higher ed overall. But at B-schools, all the factors—for example, faculty salaries—are magnified. Competition for students underlies everything, which means it’s a buyer’s market for MBAs these days. Most top-ranked programs are paying out hefty scholarships. And even if you don’t get an offer, there are bargains—working with data from our ROI calculator, we identify several schools that are affordable, offer a great education, and promise a quicker return on investment.