Beth, the price of earning an MBA has been rising steadily with each passing year. Are rising tuition costs becoming a sticking point for a greater number of Kenan-Flagler applicants?
I think, of course, prospective students are concerned about this. However, given the market for MBA’s right now, they’re looking at the rate of return, in terms of investing in an MBA. I think the emphasis in an applicant’s eyes is: “Yes, [the MBA] is a good investment. It is costly; however, my return is going to exceed this investment.” The MBA investment includes tuition and fees, which for Kenan-Flagler’s out-of-state students works out to be $16,000 in fees, excluding living expenses, and two years of forgone income. For the average MBA candidate, all that adds up to about $150,000. What type of budget do you recommend students have in mind when thinking about attending KFBS? The financial aid office recommends that residents of North Carolina budget $17,587 for one year of business school. For a nonresident, the recommended budget is $30,037. One of the advantages of attending KFBS, as opposed to a private program, is the cheaper in-state price tag. (Editor’s note: The tuition d
Related Questions
- Beth, the price of earning an MBA has been rising steadily with each passing year. Are rising tuition costs becoming a sticking point for a greater number of Kenan-Flagler applicants?
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