MBA Tuition Increases at Many Top Business Schools

Numerous top business schools have approved tuition rises averaging around 4% for the class of 2016. Increases that come on top of a 37% percent rise in the degree’s cost over the past six years.

The increases range from 2.7% at Harvard Business School to 4.9% at Duke’s Fuqua School of Business.

The average cost for a year of tuition and fees to roughly $60,000 and the total cost of the degree to as much as $150,000, including living expenses and other add-ons. 

Increases of between 3-5% annual increases are now standard.

Annual tuition has increased at MBA programs increased from $32,473 in 2007 to $44,476 in 2012 for U.S. schools, according to the Association for the Advancement of Collegiate Schools of Business.

For more information, please see the story Elite Business Schools Hike Tuition for the Class of 2016.