Saturday, May 24, 2008

To MBA or Not to MBA

We all know the never ending discussion of to MBA or not to MBA . Some say the opportunity cost of MBA is too high . With tuition cost of IVY league top ranking MBA school running above six figures and combined with two year income loss the total cost can run into 200 to 300K range . But consider the income increase after 5 years of graduation .The 2007 survey of top 10 school MBA grad says they expected to be making $194,764 to $279,275, five years after graduation. where as 2008 survey students expected to be making $183,884 to $278,364, five years after graduation.

The survey covered only top-tier schools, though it’s not quite clear by whose or what rankings