An MBA program costs differently depending on the institution, location, and type. In the United States, high-end universities such as Harvard and Stanford have annual tuition fees that range from $70,000 to $100,000, whereas state universities can cost anywhere from $20,000 to $50,000. In Europe, there are MBA fees that range from €30,000 to €80,000, with exclusive institutions such as INSEAD and London Business School charging towards the higher end. India, where IIMs are based, provides MBA courses for ₹10 to ₹30 lakhs, whereas government schools can be more economical.
Executive and online MBAs tend to have varying fee structures, with certain programs ranging from $10,000 to $50,000. Scholarships, employer sponsorships, and financial aid can lower costs dramatically. Living expenses, books, and other fees also contribute to the overall investment. In selecting an MBA, look at the return on investment (ROI) and career opportunities after graduation.