MBA Programs with the Highest Return on Investment
Assessing potential return on investment helps candidates determine whether pursuing an MBA degree makes sense both professionally and financially. After all, business school isn’t cheap.
Based on the QS 2019 Global MBA Ranking, this ROI comparison published in Business Insider looks at post-MBA salaries to pre-MBA salaries while factoring in tuition and cost of living. While some overlap exists between the top ten overall in the QS ranking, you’ll see some surprising MBA programs that deliver more bang for your buck.
Top MBA Programs for Return on Investment
First Place—Manheimm Business School, Mannheim, Germany
2. IE Business School, Madrid, Spain
3. SDA Bocconi, Milan, Italy
4. Strathclyde, Glasgow, UK
5. Ross School of Business, Ann Arbor, Michigan (tie)
5. CMU Tepper School of Business, Pittsburgh, Pennsylvania (tie)
7. Imperial College London, UK
8. University of Hong Kong
9. Cranfield School of Management, Cranfield, UK (tie)
9. Durham University, Durham, UK (tie)
(source: Business Insider)
Keep This in Mind When Considering ROI
Students of two-year MBA programs typically have the largest investment expense because they miss two years of employment. They need to recoup the cost of the MBA degree plus the opportunity cost in order to get a positive return on their investment.
Prospective students should consider payback time with projected cumulative growth, and average growth rate, when looking at return on investment as a motivating factor for pursuing an MBA. But keep in mind, the value of the MBA degree varies depending on your post-graduation plans, as well as the brand of the business school where you earn the degree.
Remember, every choice that you make when deciding whether an MBA makes sense for you– ranging from the cost of the city you decide to live in, the field you move into, to the school you choose – will impact your financial return on investment. Nevertheless, no other degree can open doors as the MBA does.
The post MBA Programs with the Highest Return on Investment appeared first on Stacy Blackman Consulting - MBA Admissions Consulting.