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Return on Investment (ROI) - Tuition Fees vs Graduating Salaries
Please note that salary ranges are highly depended on the job
position, industry and location. Therefore the figures below are
provided as “ball park” estimates. For specific MBA
graduating salaries, see the Salary Wizard on Monster.com.
- MBA ROI: The average cost of an MBA in North
America is about $50K (US dollars) and graduating salaries can
range from $75K – $150K per year, dependent upon on the
school, previous experience and networking. Therefore, the regular
MBA program will yield an ROI of about 50% – 150%. For
student loans, the graduating salary range will allow for monthly
repayments of about $1,500 - $3,000 per month, thus resulting
in a break-even time of about 2 to 4 years, assuming the loan
included money for living expenses.
For a more information on MBA tuition costs, see:
For a more information on MBA graduating salaries, see:
- EMBA ROI: The average cost of an EMBA is
about $80K (US dollars) and graduating salaries can be upwards
of $150K per year, assuming a sufficiently high management position
(i.e. executive) is obtained. Therefore, the EMBA program will
yield an ROI of about 80% and up. For student loans, the graduating
salary range will allow for monthly repayments of about $3,000+
per month, thus resulting in a break-even of about 4 years or
less, assuming the loan included money for living expenses.
For a more information on EMBA tuition costs, see:
For a more information on EMBA graduating salaries, see:
- Online MBA ROI: Some Online MBA’s are
being advertised for as little as $6,000. Assuming employers
consider the Online MBA to be equivalent to a management certificate
(keep in mind, this is the worst case scenario), then graduating
salaries would probably be around $50-80K, depending on previous
experience and how well the candidate is able to market his/her
MBA degree. Therefore, for people who cannot afford to do an
in-class MBA degree, the Online option yields some terrific
ROI possibilities (8x to 16x the investment).
Agree? Disagree? Or simply want to add your 2 cents? Share your
opinion on the Why
do an MBA? Discussion Board.
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