Turn Five

A K-12 Education Blog

How much does an MBA really cost?

With the bevy of MBA programs available these days it can seem like the most viable option to gain business training.

However, what is the actual cost of getting the degree? Is it really worth the cost of giving up your current job or the possibilities of finding a new one?

According the mbaprograms.org the real cost of an MBA could be as much as $80,000 for two years. But it really is the more yo pay the more you get with this type of management training. The cost of getting one at an amazing business school is actually more than the average wage in the UK or USA

And it’s not just about tuition either. You have To think about books, the possibility of having to buy a laptop, and foregoing full-time income.

Scholarships are available and if you are thinking about getting an MBA it’s a good idea to start applying for these as soon as you decide you would like to get an MBA.

Apply to as many scholarships as you can. The more that you apply for the better your outcome may be.

Search around for scholarships, try to find less competitive scholarships and get your name in those pools as well.

As long as you make sure you really know how much an MBA will cost you it could be a sound investment. Also don’t forget there are going to be fees to apply as well. Or let your leadership skills shine through naturally on your next job interview.

posted by Aisha in Business and have No Comments

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