The 17 best-value MBAs in the world
While a master’s degree in business administration (MBA) can act as a ticket to a high-paying job, the courses do not come cheap.
And some are better value than others.
To find out which provide the best value for money, salary-benchmarking website Emolument, analysed the pay of 1,020 MBA holders, and the cost of their education, calculating the return-on-investment of the course.
America and the UK dominate the list, but France and Hong Kong also feature.
Here is the ranking:
17. Stern School of Business (US) — Return on Investment: 32%
Total Compensation: £133,000
Cost of the MBA: £101,000
Return on Investment: 32%
16. London Business School (UK) — Return on Investment: 45%
Total Compensation: £103,000
Cost of the MBA: £71,000
Return on Investment: 45%
T=14. EDHEC (France) — Return on Investment: 46%
Total Compensation: £51,000
Cost of the MBA: £35,000
Return on Investment: 46%
T=14. Harvard Business School (US) — Return on Investment: 46%
Total Compensation: £142,000
Cost of the MBA: £97,000
Return on Investment: 46%
13. Columbia Business School (US) — Return on Investment: 54%
Total Compensation: £160,000
Cost of the MBA: £104,000
Return on Investment: 54%
12. Judge Business School (UK) — Return on Investment: 55%
Total Compensation: £156,000
Cost of the MBA: £101,000
Return on Investment: 55%
11. Said Business School (UK) — Return on Investment: 60%
Total Compensation: £83,000
Cost of the MBA: £52,000
Return on Investment: 60%
10. HEC Paris (France) — Return on Investment: 65%
Total Compensation: £79,000
Cost of the MBA: £48,000
Return on Investment: 65%
9. INSEAD (France) — Return on Investment: 71%
Total Compensation: £106,000
Cost of the MBA: £63,000
Return on Investment: 71%
8. Cass Business School (UK) — Return on Investment: 75%
Total Compensation: £70,000
Cost of the MBA: £40,000
Return on Investment: 75%
7. Instituto de Empresa (Spain) — Return on Investment: 82%
Total Compensation: £69,000
Cost of the MBA: £38,000
Return on Investment: 82%
6. Hong Kong University of Science and Technology — Return on Investment: 85%
Total Compensation: £98,000
Cost of the MBA: £53,000
Return on Investment: 85%
5. Manchester Business School (UK) — Return on Investment: 105%
Total Compensation: £84,000
Cost of the MBA: £41,000
Return on Investment: 105%
4. Baruch College (US) — Return on Investment: 113%
Total Compensation: £68,000
Cost of the MBA: £32,000
Return on Investment: 113%
3. National University of Singapore — Return on Investment: 114%
Total Compensation: £75,000
Cost of the MBA: £35,000
Return on Investment: 114%
2. Warwick Business School (UK) — Return on Investment: 141%
Total Compensation: £87,000
Cost of the MBA: £36,000
Return on Investment: 141%
1. Chicago Booth (US) — Return on Investment: 227%
Total Compensation: £167,000
Cost of the MBA: £51,000
Return on Investment: 227%
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