#1
6th January 2016, 04:45 PM
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How much is an MBA
Hello sir I want to know about the parameters of considering the cost of MBA Program so please provide me information about the same.
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#2
6th January 2016, 04:46 PM
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Re: How much is an MBA
When most people consider getting an MBA degree, one of the first things they want to know is how much it is going to cost. The truth is that the price of an MBA degree can vary. MBA Cost Much of the cost is dependent on the following parameters. Program you choose, The availability of scholarships Other types of financial aid, The amount of income you may miss from not working, the cost of housing, commuting costs, and other school-related fees. Average Cost of an MBA Degree Although the cost of an MBA degree can vary, the average tuition for a two-year MBA program exceeds $60,000. If you attend one of the top business schools in the U.S., you can expect to pay as much as $100,000 or more in tuition and fees. Average Cost of an online MBA Degree The price of an online MBA degree is very similar to that of a campus-based degree. Tuition costs range from $7,000 to more than $120,000. Top business schools are typically on the higher end of the scale, but non-ranked schools can also charge exorbitant fees. Advertised Costs vs. Actual Costs It is important to note that the advertised cost of tuition may be lower than the amount you are actually required to pay. How to Get an MBA Degree for Less Many schools offer special aid programs for needy students. You can learn about these programs by visiting school websites and contacting individual aid offices. Getting a scholarship, grant, or fellowship can remove much of the financial pressure that comes along with getting an MBA degree. If you can't get someone to help you pay for your MBA degree, you can take out student loans to pay for your higher education. This route can leave you in debt for a number of years, but many students consider the payoff of an MBA well worth the resulting student loan payments |