Tuesday, May 10, 2005

MBA Humm

Last weekend I did a casual scan on how much it costs for some of the top MBA programs
including living exp, excluding opp costs (in USD)

All top 10 MBA programs in US - >125k
Insead, IMD -> 90k
Oxford/Cambridge/Ashridge/Manchester - 75k

Such high costs even after internship money and pre mba savings of 20k One is going to end up with 90K in debt for any top US program. While with European programs one can expect 70k debt for Insead/IMD with around 50k debt for European programs.

Compare this with IIM - 22k, ISB - 36k and CEIBS - 36k.

For a person interested in working in Asia the Asian programs are really great.

With avg MBA sal of 85k the after MBA salaries have remained the same from 2000 levels in case of top US MBA programs. If you have a 100k debt how long will it take to repay it considering higher standard of living post mba. Anywhere from 5-8 years I believe.

cheers..