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# a fresher seeking help :)

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Intern
Status: After 640, now its time to crack GMAT this time
Joined: 27 Apr 2011
Posts: 2

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Location: Mumbai, India
a fresher seeking help :) [#permalink]

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15 Jul 2011, 05:30
hey guys..

i am new joinee to gmat club. I am aspiring to do mba from one of top b schools.
My main worry is the finances..

all the ivy league sites which i visited show program fee of roughly \$150000 and above for 2 year score.
My problem is i cant finance such a large sum of money.

Can you please suggest some good schools which are cheap (not quality wise poor) and where i can manage my mba within my manageable limits i.e. may be \$ 100000????

please suggests some good full time MBA programs considering my constraints

cheers

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Affiliations: Veritas Prep
Joined: 25 Jul 2010
Posts: 1910

Kudos [?]: 182 [0], given: 3

Re: a fresher seeking help :) [#permalink]

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15 Jul 2011, 11:15
Duke is top 10 and is \$100 grand.
_________________

Bryant Michaels

Kudos [?]: 182 [0], given: 3

Intern
Status: After 640, now its time to crack GMAT this time
Joined: 27 Apr 2011
Posts: 2

Kudos [?]: [0], given: 0

Location: Mumbai, India
Re: a fresher seeking help :) [#permalink]

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15 Jul 2011, 22:48
hey thnx a lot mate..

also can you just throw some light on how much sum of money can be recovered while working in summer internships or working part time..

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Retired Moderator
Status: Darden Class of 2013
Joined: 28 Jul 2009
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Schools: University of Virginia
Re: a fresher seeking help :) [#permalink]

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16 Jul 2011, 00:44
Hi there, I think you're confusing the tuition expense and total expense. The tuition for top schools is usually around \$50,000 a year, which will be \$100,000 for the duration of the MBA study. The \$150,000 that you're reading most likely include both the tuition and the other expenses, such as meal, insurance, housing, etc. If \$100,000 is still too much, then you'll need to most likely look at ways to finance these, either through family, school, or private companies.

Generally speaking, all top b-schools will cost you roughly \$100,000 tuition money for two years. What I'm describing is full-time MBA program (not part-time or executive programs). Most, if not all, top b-school full time programs will not allow you to work, whether explicitly or implicitly, plus you're not going to have much time to do a part-time job anyway (unless you're thinking about teaching piano for once a week for an hour). At school you'll be very busy with school work, recruiting, and other activities that will eat up most of your day. For a summer internship's 'salary', you can look at the school that you're interested in and check out what their intern salaries are (usually posted by weekly wage). Usually, for a 10-week summer internship, you're looking at around \$15,000 to \$30,000, depending on the industry, company, and practice.
_________________

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Re: a fresher seeking help :)   [#permalink] 16 Jul 2011, 00:44
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# a fresher seeking help :)

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