Looks like Rochester Simon is cutting the tuition for their MBA program:
http://www.simon.rochester.edu/news-and-media/news/news-details/index.aspx?nid=466
It's going to drop from $106,440 to $92,000, effective next year.
I feel bad for the folks starting now!
I've never heard of a ranked MBA program cutting tuition, it's usually the other way around. Maybe they're trying to position their degree as a better value than better ranked programs like the ones at Emory and Broad.
Simon School cuts MBA tuition
Posted Sep 03, 2015 06:48
http://www.simon.rochester.edu/news-and-media/news/news-details/index.aspx?nid=466
It's going to drop from $106,440 to $92,000, effective next year.
I feel bad for the folks starting now!
I've never heard of a ranked MBA program cutting tuition, it's usually the other way around. Maybe they're trying to position their degree as a better value than better ranked programs like the ones at Emory and Broad.
Posted Sep 03, 2015 12:20
To be honest, it's a great idea especially for a school that is getting a lot of students from Asia. Many schools play the game of boosting the rack-rate for tuition but then giving most of it back in scholarships. Somehow some students love it, and would rather attend a $120k programme that gives everyone a 25% scholarship than a $90k that does not. But low fees are a magnet: just look at Texas A&M, which must be almost as selective as Harvard some years.
Either way, the students who are paying 106 should have no regrets: they are getting a great quality MBA and the return on their investment will be excellent. With lower fees, students will have lower expectations and will push the school less to deliver. It's quite possible this year's students will do more to motivate the school than next year's.
Either way, the students who are paying 106 should have no regrets: they are getting a great quality MBA and the return on their investment will be excellent. With lower fees, students will have lower expectations and will push the school less to deliver. It's quite possible this year's students will do more to motivate the school than next year's.
Posted Sep 08, 2015 08:33
It seems like there are two issues at play here:
- the sticker tuition cost of an MBA program
- the amount that business schools subsidize the tuition, in terms of scholarships
Does anybody have information about how much money schools generally give out in scholarships? (a list or a ranking ideally?) I mean, the MBA at Maryland is ranked better than Rochester, and is more expensive - but how much of that cost could I expect to get back in scholarships?
- the sticker tuition cost of an MBA program
- the amount that business schools subsidize the tuition, in terms of scholarships
Does anybody have information about how much money schools generally give out in scholarships? (a list or a ranking ideally?) I mean, the MBA at Maryland is ranked better than Rochester, and is more expensive - but how much of that cost could I expect to get back in scholarships?
Posted Sep 08, 2015 09:39
Scholarships are targeted towards a minority of students: Those who would otherwise go to better schools. Public schools like Maryland tend to have lower fees for in state students, rather than the substantial scholarships at private schools.
Posted Sep 10, 2015 14:09
Great, thanks for the help.
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