Cost Of MBA Report 2021

How much does an MBA cost? In our BusinessBecause Cost of MBA Report 2021, we break down the total cost of the world’s top MBA programs covering MBA tuition fees, living costs, healthcare, and more

How much does the Harvard MBA cost? What about the cost of an MBA at INSEAD, Wharton, Stanford and other top business schools? Understanding the total cost of an MBA means looking beyond tuition fees alone.

In our BusinessBecause Cost of MBA Report 2021, we break down the total cost of MBA programs at the world’s top business schools, covering MBA tuition fees as well as living costs, healthcare, extra fees, and the cost of books and materials.

From our report you’ll find out how much an MBA at a top school like Harvard, Stanford, or INSEAD will cost you; explore ways to finance your MBA and save money; and discover the hidden costs of the MBA.


Download our Cost of MBA Report 2021

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Key Findings

- The average total cost of studying one of the world’s top MBA programs starting in 2021 is $176,000.

- The cost of an MBA increased by 4.7% in the past year despite COVID—an additional $8,000 to budget for.

- MIT Sloan remains the world’s most expensive MBA, with a total cost of $241,984, up by 1.8% compared with 2020.

- NUS Business School offers the most affordable top-ranked MBA, with a total cost of $89,342.


There are so many reasons to pursue an MBA, and with business schools offering generous scholarships and funding options, the fact that the MBA comes at a cost shouldn’t put you off.

Another funding option is MBA loans company Juno, the official partner for our 2021 Cost of MBA Report.

Juno uses group buying power to negotiate the best student loan rates possible for US MBA students and has helped American MBA students get more than $300 million in education loans and make savings of up to $15,000 on loan repayments.


Total cost of top MBA programs

MIT MBA Cost: $241,984

Stanford MBA Cost: $239,928

Wharton MBA Cost: $230,864

Harvard MBA Cost: $223,084

Columbia MBA Cost: $221,362

INSEAD MBA Cost: $132,000 – $137,000 (FR-SG)


Download our BusinessBecause Cost of MBA Report 2021 to discover how we came to these numbers and find out more about the cost of pursuing an MBA at the world’s top business schools.


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