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Re: MBA Application Fees - Top 25 schools [#permalink]
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Note: Duke - Fuqua offers application fee reduction if you go to an admission event, which takes place across the world. The cost is only $125.
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Re: MBA Application Fees - Top 25 schools [#permalink]
asimov wrote:
Note: Duke - Fuqua offers application fee reduction if you go to an admission event, which takes place across the world. The cost is only $125.


Thanks asimov for the note on Duke. FYI - Georgetown does the same thing (well at least last year) - if you go to Experience Georgetown (one day class, info session, and tour) you get a fee reduction to $100. I went last year and would say it is worth it to go if you are local to DC area.
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Re: MBA Application Fees - Top 25 schools [#permalink]
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RoyHalladay wrote:
Some of the top schools generate millions just from app fees, not to mention the insane tuition costs.

The application process is expensive as it is for those of us here in the US...I can only imagine how tough it is for international students. For some applicants a few thousand spent on apps, prep material, exams, essay fees, travel, etc isn't a big deal. But I imagine for some, especially international applicants, this is a HUGE investment.

Out of curiosity, my question for international applicants, especially from India, how are you able to afford the entire process--including financing your education? US $2,000 is over INR 100,000. From what I know, this is a significant amount of money for the average person in India.



The answer to your question for international applicants is 3 words- save and plan. this is one big reason why lots of Indians inspite of scoring high on GMAT do not apply to international school but limit themselves to Indian schools accepting GMAT. people who do venture keep aside atleast 2-300000 INR to just give GMAT and apply. this is also one reason 99% of Indian applicants cant afford consultants.
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Re: MBA Application Fees - Top 25 schools [#permalink]
RoyHalladay wrote:
Some of the top schools generate millions just from app fees, not to mention the insane tuition costs.

The application process is expensive as it is for those of us here in the US...I can only imagine how tough it is for international students. For some applicants a few thousand spent on apps, prep material, exams, essay fees, travel, etc isn't a big deal. But I imagine for some, especially international applicants, this is a HUGE investment.

Out of curiosity, my question for international applicants, especially from India, how are you able to afford the entire process--including financing your education? US $2,000 is over INR 100,000. From what I know, this is a significant amount of money for the average person in India.


It's like another poster said: you save, save and save.

Also, INR 100, 000 is really not that big a deal. Now, it's not everyone's monthly salary but you're not exactly selling the family jewels either.

It's hard for most students based out of India, sure, but the way I figure it: if you can't pony up for USD 2K, the average tuition of USD 100K will break your back!

Like you correctly said, we view it as an investment. You put in some(or a lot, depending on perspective) now, you get a lot later. Risk-adjusted, of course... :-D
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Re: MBA Application Fees - Top 25 schools [#permalink]
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America MBAs is too costly for Indians // look at Europe and Singapore .. Copenhagen has No application fee and also ESMT
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Re: MBA Application Fees - Top 25 schools [#permalink]
RoyHalladay wrote:
Some of the top schools generate millions just from app fees, not to mention the insane tuition costs.

The application process is expensive as it is for those of us here in the US...I can only imagine how tough it is for international students. For some applicants a few thousand spent on apps, prep material, exams, essay fees, travel, etc isn't a big deal. But I imagine for some, especially international applicants, this is a HUGE investment.

Out of curiosity, my question for international applicants, especially from India, how are you able to afford the entire process--including financing your education? US $2,000 is over INR 100,000. From what I know, this is a significant amount of money for the average person in India.



For an Indian MBA candidate, with no tuition waiver (and no loan), total expense would be around INR 8 Million.
We have to save big-time while working. Plus, a lot of us also take financial help from parents (like chunk of their savings, or selling a real estate asset)
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Re: MBA Application Fees - Top 25 schools [#permalink]
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RoyHalladay wrote:
Some of the top schools generate millions just from app fees, not to mention the insane tuition costs.

The application process is expensive as it is for those of us here in the US...I can only imagine how tough it is for international students. For some applicants a few thousand spent on apps, prep material, exams, essay fees, travel, etc isn't a big deal. But I imagine for some, especially international applicants, this is a HUGE investment.

Out of curiosity, my question for international applicants, especially from India, how are you able to afford the entire process--including financing your education? US $2,000 is over INR 100,000. From what I know, this is a significant amount of money for the average person in India.


It depends on the answer to the classic question - "Why MBA and why this school?" And the truth, not the fancy mask that we wear to serenade the adcom.

What are my goals, how do I prioritize them and how do I plan to achieve them? How does a B-school fit in the picture? Do I really wants to change the world as I say I want to or I really just need to escape the dreariness of my daily life? Is business my passion or just the means to buy the hottest car that has caught my fancy? Am I or do I want to be more than the proper nouns on my resume?

If one has a clear understanding and has answers to these questions, then the MBA decision, and the gargantuan investment that it entails, is a no-brainer really. Unfortunately, it easier said than done. Especially for a majority of us Indians, who are at a different level in the development cycle than much of the world.
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Re: MBA Application Fees - Top 25 schools [#permalink]
niksworth wrote:

It depends on the answer to the classic question - "Why MBA and why this school?" And the truth, not the fancy mask that we wear to serenade the adcom.


Unfortunately, it easier said than done. Especially for a majority of us Indians, who are at a different level in the development cycle than much of the world.


So true. But then if you want to get laid, after paying 250$ in application fees, you'll have to serenade the lady

And at our level in the economic development cycle, not everyone is into 'financial services', 'consulting' or ohh.. whats that term.. yes.. 'adding value to clients' processes' :wink:
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Re: MBA Application Fees - Top 25 schools [#permalink]
cyberhawk321 wrote:

So true. But then if you want to get laid, after paying 250$ in application fees, you'll have to serenade the lady



Agreed. But the thing is you aren't paying $250, more like investing $150,000. So you better be sure that the lady is indeed the love of your life, not just the hottest babe of the day. If its the latter, well you know how such things turn out :)
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Re: MBA Application Fees - Top 25 schools [#permalink]
niksworth wrote:

Agreed. But the thing is you aren't paying $250, more like investing $150,000. So you better be sure that the lady is indeed the love of your life, not just the hottest babe of the day. If its the latter, well you know how such things turn out :)


Revisited this post after a really long time !!

niksworth,
Heartiest congratulations on your Tuck admit :-D

Doing any R2 apps ? or Matriculating at Tuck ?
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Re: MBA Application Fees - Top 25 schools [#permalink]
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If you happen to be really lucky, this year Yale and NYU did drawings at information sessions for fee reimbursements. If your name gets drawn, then your application fee is ultimately $0 (generally, you have to pay first and then get reimbursed...but still, that's a FREE application!)
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Re: MBA Application Fees - Top 25 schools [#permalink]
my notre dame(#25) application fee was waived as a "prefered candidate" and Vanderbilt is not requiring an application fee this year fyi
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Re: MBA Application Fees - Top 25 schools [#permalink]
worthyiiv & aerian

Thanks for that sharing that info!
Future applicants will be able to plan their application expenses better with that knowledge
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Re: MBA Application Fees - Top 25 schools [#permalink]
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Hey guys is there an updated version? also any app fee waivers?
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Re: MBA Application Fees - Top 25 schools [#permalink]
hello Guys,

Is there an updated version of this list?
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