MBA Expense In USA

I have done graduation degree and now I want to do MBA in United State US so can you please tell me the expenses of MBA in USA?

[Shaleen]

Business Management is among the most popular fields of study at universities in the USA. Being one of the world’s top study destinations, USA offer globally reputed MBA degrees and curriculum that enhances the core business skills and overall personality of the students

MBA fees in USA

Tuition Fee

US business schools fall under two major categories:

- public (state supported), and
- private (independent) institutions.

University Type Tuition Fees (annual in U.S. Dollars)
Private School (High Cost) $ 35,000
Private School (Low Cost) $ 15,000
State School (High Cost) $ 20,000
State School (Low Cost) $ 10,000

The tuition fee is different for different universities and varies widely with courses.

It can vary from as low as $ 8000 a year for state universities to as much as $ 35000 per annum for some private universities.

Living Expenses -

The approximate annual living expenses during the MBA program is about $14,400, which includes accommodation as well as other daily expenses.

However, the expenses are different for different people depending on the lifestyles and this is just a rough idea.

The main expenses can be split up as:

Rent $ 500 per month
(you can live alone with that amount in a place like Auburn or share an apartment with 6 people in NY)
Groceries $ 150 per month
Utilities $ 150 per month
Phone $ 150 per month (if careful with international calls)
Sundry $ 250 per month

So, about $1200 per month is a good estimation.

Mostly people can survive between $700-$1000 a month.

The approximate currency exchange rate is: 1 US $ = Rs. 54