Intern
Joined: 05 Jan 2012
Posts: 7
Concentration: Social Entrepreneurship, Marketing
GPA: 3.26
Re: LBS or Oxford or Cambridge?
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30 Mar 2012, 16:12
I'm going to approach this a little differently because I don't think listing the tuition fees captures the bigger picture:
- Tuition Fees -
LBS MBA = £57,500
Oxford MBA = £37,750
Cambridge MBA = £ 36,000
- Average Living Expenses -
LBS (two years)= £39,360 (£1,640 a month ave)
Oxford (one year)= £12,500
Cambridge (one year)= £8,500
Without counting the difference in travel/material/opportunity costs between the one year and two year programs, you're left with the following totals:
LBS= £96,860
Oxford MBA = £50,250
Cambridge MBA = £44,500
Looking at these numbers, I would say there is a significant difference in price between LBS and Oxbridge...However, I can't answer whether or not LBS wouldn't be worth the price. I think you need to have a realistic conversation with yourself and also potentially a member of the career services team (or alumni if you can find any in your target field).
What are you trying to get out of the MBA? Will LBS fast track you there? Will LBS give you easier access to the people you know you need to network with? If so, it may be worth the price. However, you also need to be honest about how big a financial burden you are comfortable taking on...
Best of luck, they are all excellent programs!