US News Names 10 Most Expensive MBA Programs

In addition to its standard business school rankings released annually, US News and World Report occasionally releases a “short list” magnifying individual data points. This week, the news magazine takes a look at the ten most costly private MBA programs in the United States.

According to their research, average tuition fees for the 2013-2014 school year were roughly $62,000—an increase of $3,000 over the previous year and about $13,000 more than the average among all ranked schools.

Based on tuition and required fees for the 2013-2014 school year, here are the 10 most expensive private MBA programs in the United States:

  1. Harvard Business School
  2. University of Pennsylvania’s Wharton School
  3. Dartmouth Tuck School of Business
  4. Columbia Business School
  5. MIT Sloan School of Management
  6. NYU Stern School of Business
  7. Chicago Booth School of Business
  8. Stanford Graduate School of Business
  9. Northwestern Kellogg School of Management
  10. Yale School of Management

As you can see, seven of the top 10 programs are on the East Coast, and just one—Stanford GSB—is out west. And despite their hefty price tag, applicants aren’t dissuaded a bit from targeting these schools. US News metrics indicate that five of them fall among the 10 b-schools where accepted students are likely to enroll.

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