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Cost Of MBA Report 2023

How much does a top MBA cost? See the breakdown in our BusinessBecause Cost of MBA Report 2023

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Thu Aug 10 2023

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How much is tuition at Harvard, Columbia, and Wharton? How do New York living prices affect the overall cost of an MBA? Where is the cheapest healthcare? Understanding the total cost of an MBA means looking beyond tuition fees alone.

In our BusinessBecause Cost of MBA Report 2023, 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 latest report you’ll find out how much an MBA at a top school such as Harvard, Stanford, or INSEAD will cost you; explore ways to finance your MBA and save money; and discover how to spot the hidden costs of the MBA.


Download the free BusinessBecause Cost of MBA Report 2023

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Key Findings 

- The average total cost of studying at one of the world’s top MBAs is $202,200.

- The cost of an MBA increased 7% from last year—this is largely due to the majority of US schools raising their tuition fees.

- Columbia has overtaken NYU Stern as the world’s most expensive MBA, with a total cost of $247,163.

- CEIBS in Shanghai offers the most affordable MBA with a total cost of $80,111.

- When considered in dollar terms, CEIBS was the only MBA to decrease their fees in 2023.

-Dartmouth Tuck was the only MBA program to freeze tuition fees in 2023.


From MBA networking to large salary increases, there are numerous reasons to study an MBA so the rising costs should not put you off. With loans and the various scholarship opportunities offered there are also great options to save money during your MBA.

Learn also about our partner, the University of Washington’s Foster School of Business, which is a top-ranked MBA located in Seattle, Washington, and is among one of the most affordable US MBA programs in our list.


Total cost of top MBA programs

Columbia MBA Cost: $247,163

Berkeley Haas MBA Cost: $247,016

NYU Stern MBA Cost: $245,620

Dartmouth Tuck MBA Cost: $241,897

Wharton MBA Cost: $240,084

INSEAD MBA Cost (France campus): $137,593


Download our free BusinessBecause Cost of MBA Report 2023 to discover everything you need to know about MBA costs at the world’s top business schools, with tips on MBA scholarships and increasing your MBA ROI.

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