According to the survey, the cost of MBA is very high, and there are great differences among schools. Take Harvard University as an example, the tuition fee is more than $50,000. Massachusetts Institute of Technology, which enjoys the same reputation as Harvard, is slightly higher, with $565,438 +0.600. Last year, wharton school ranked first in the United States, and its salary was slightly lower than that of Harvard.
Besides tuition, students have to pay many other fees. At present, the minimum registration fee for MBA in American business schools is $250 and the maximum is $700 (including TOEFL). In addition, you have to pay for books and computer use, with a minimum of 1000 USD and a maximum of 5,000 USD.
The cost of living also varies greatly, depending on the standard of food and housing. The cost of living alone and sharing with others is obviously different. The lowest cost of this project is $22,000, and the highest cost can reach $66,000, including transportation costs of $65,438+0,000 to $3,000. Studying in the United States must also buy medical insurance, which is a mandatory requirement for international students. This expenditure ranged from $65,438+$0,000 to $6,000. In addition to these main expenses, there will be some sporadic expenses, such as the cost of calling home and the cost of shopping.
If you are on the job and want to spend some time studying MBA courses, the cost does not mean that it will be greatly reduced, or even more. It mainly depends on what kind of MBA course you want to enroll in. The cost of a course alone will reach 3500 to 10000 dollars, and the cost of books and materials will also cost one or two thousand dollars. Some advanced specialized courses are more expensive.
In order to get an entry visa, international students who come to the United States to study MBA must show their financial ability, and at least have proof that they can maintain the full cost of 1 year. So most MBA students in the United States rely on loans or grants. However, most public and private MBA grants, scholarships and related loans in the United States have extremely strict restrictions, and are usually only granted to American citizens. According to American regulations, students from Canada and Mexico may also enjoy "special treatment". Other international students can only solve it by themselves. According to the survey, nearly 70% of foreign students studying MBA in the United States rely on the help of their families or their own savings.
Of course, there are also many "students" who take specialized MBA courses. They are senior staff of some big companies, and some have worked in big companies and have considerable savings. For these people, the MBA is either advanced or gilded, and tuition is naturally not a problem.