Tuition and Fees
Broad MBAs are not only highly sought after by corporate employers, but they are also wise investors.
In 2006, the Broad MBA was ranked a “Best Buy” by Business Week. As a Best Buy, the Broad MBA was recognized for providing one of the quickest paybacks relative to a student's total investment. According to Business Week, on average, Broad MBAs earn a 110% increase on their pre-MBA salary and receive a 38% return on investment with a payback in 4.3 years.
Tuition
Below are the estimated expenses for the 2007-2008 academic year. The Broad MBA Program follows a block tuition structure that allows students to register for up to 17 credits per semester. The block tuition structure was implemented to provide some additional curriculum flexibility for our students; the structure gives students the option to pursue additional business electives or electives in other fields of interest without having to pay for extra credits.
When budgeting, please consider that tuition typically rises each year and that your actual expenses may vary from those listed below. For example, prudent shoppers may save money when purchasing a laptop computer. Still other students may wish to live off-campus, where living costs may vary from on-campus graduate housing.
2007-2008 MBA Program Total Cost
| |
In-State
|
Out-of-State
|
|
Tuition & Fees
|
18,876.00 |
26,328.00 |
|
Housing (including utilities) & Food
|
9,855.00
|
9,855.00
|
|
Books & Supplies
|
1,400.00
|
1,400.00
|
|
Laptop Computer
|
1,150.00
|
1,150.00
|
|
Miscellaneous
|
2,250.00
|
2,250.00
|
|
Total MBA Program Budget
|
33,531.00 |
40,983.00 |
* Based on 2006 rankings in Business Week.
**
This is an annual budget for year one of the 2-year Broad
MBA. Students spending habits vary- this budget could
be more or less depending on your lifestyle choices. Health
Insurance is optional for all domestic students and U.S.
Permanent Residents, and requires registration and enrollment.
Health Insurance is required for all international students
in the MBA Program.
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