Which school has the highest return on MBA?

One. MBA from the National School of Development of Peking University (formerly Peking University International BIMBA).

Annual salary growth rate of 2013 full-time MBA graduates before and after MBA enrollment (%)

Two. School of Economics and Management, Tsinghua University.

The annual salary growth rate of 2013 full-time MBA graduates before and after studying MBA (%)3. School of Management, Fudan University.

The annual salary growth rate of 2013 full-time MBA graduates before and after studying MBA (%)4. School of Management, Xiamen University.

Annual salary growth rate of 2013 full-time MBA graduates before and after MBA enrollment (%)

Five. China Europe International Business School.

The annual salary growth rate of 2013 full-time MBA graduates before and after studying MBA (%)6. School of Business, Nanjing University.

Annual salary growth rate of 2013 full-time MBA graduates before and after MBA enrollment (%)

Seven. Business School, Shanghai University of Finance and Economics.

The annual salary growth rate of 2013 full-time MBA graduates before and after studying MBA (%)8. Business School, Renmin University of Chinese.

The annual salary growth rate of full-time MBA graduates in the class of 2013 before and after studying MBA (%) 9. Guanghua School of Management, Peking University.

2013 full-time MBA graduates before and after the annual salary growth rate of MBA (%) ten. School of Management, Zhejiang University.

Annual salary growth rate of 2013 full-time MBA graduates before and after MBA enrollment (%)

Huazhang has collected the opinions of many MBA graduates and summed up a core point of view, choose the most expensive one you can get into!

Why did these students choose this way? Their reasons are:

First, an MBA is an investment, not a consumption.

From an economic point of view, learning is an investment, not a consumption. It's not a hobby, it's not an experience, it's not a pleasure. When choosing a school and choosing an MBA program, students must choose the program with the highest return that they can achieve, rather than the one that they can easily adapt to.

The Wharton School of Business is one of the world's leading business schools located in Philadelphia. Students in Asia fly more than 30 hours a month to attend a class, which is not inexpensive. But why don't they choose cheaper local schools?

Because they are rewarded by Wharton in a way that no other business school program can offer. So the first point is that there are no expensive business schools in the world, and there are no bad business schools, only business schools with low returns. If the returns offered by this business school are too low relative to your current abilities and level, it is not a good choice.

Second, whether the returns we are talking about are high or low, we have to look at the lifetime returns that this MBA program brings us, not the instantaneous returns. This is important to introduce the concept of time.

For young people, an MBA may just be a starting point to start getting a return on your investment in the future, at this time, if you are thinking about this school is 20,000 yuan more expensive and which school is 20,000 yuan cheaper, you have to choose this school and give up that school. Then the scope you look at is too narrow, you have to look at the long-term, look at the lifetime return. A prestigious school degree is always a scarce resource, the aura of a prestigious school can bring you a lifetime of glory and self-confidence, and academic qualifications and certain skills may only provide you with great help at that time, but with the development of society and the improvement of education level, the long-term return of a certain degree and skill is constantly depreciating.

For example: in the 7 and 80s, the skills and academic qualifications of technical secondary schools were very proud capital, and only the best people were qualified to go to technical secondary schools. But now, uh...

Third, how do you look at the return of studying for an MBA, do you want to look at the full return, or just look at the return on knowledge and academic qualifications.

In fact, the knowledge content and academic qualifications provided by the schools that can open MBA programs are almost the same as those provided to students, with very advanced teaching models and cutting-edge business knowledge, and the academic qualifications are all nationally recognized graduate degrees. If your investment expectation is only academic qualifications and knowledge, then you can choose a school with lower tuition fees and closer to home. But for young people, the purpose of MBA study for a large part of them, the most important reward is not academic qualifications and knowledge.

It's about the horizons, credibility, connections and opportunities you gain in the course of your schooling. This is the most important thing. Focusing on the greater development and opportunities of these future careers, MBA may provide you with your clients, partners, and even investors, and the probability of such examples is actually not low.

It depends on your purpose, first of all, the tuition fee for MBA is very expensive, and the better the school, the more expensive it is, but the more high-end people study in the school, the better, and sometimes the MBA is not only for a degree, sometimes it is also to get to know some high-end network resources. It's up to you to choose according to your economic conditions.

The rate of return of MBA depends on the individual, how much knowledge and contacts you can get when you go in, and these connections can give you a return on your career or work after you come out, and the rate of return of going to MBA in a business is definitely higher than that of a person who works more MBA, of course, it is also related to your own level of effort.

Many people have such questions about MBA tuition, why is MBA tuition so expensive? I have analyzed this type of problem from all angles in the previous few times, and if you want to know more, you can look at my others, and today I will give the most simple and crude: because of the high cost.

This high cost is reflected in many aspects:

1.Colleges and universities that offer MBA programs need to invest a lot of financial and material resources in the application for accreditation before they can apply, which is why most of the colleges and universities that offer MBAs are colleges, can you find one of the two or three colleges? Does the cost of building this platform count towards tuition fees?

2.The teachers are basically well-known scholars and experts in related fields, and the cost of these teachers is unimaginable, and a class or a lecture by a well-known star can exceed the annual income of most people. MBA students basically have a lot of courses and lectures, so is this cost included in the tuition fee?

3.Different from general research, MBA is vocational education, not academic education, MBA students have many years of work experience, and some are already middle and senior management, so most of the learning in the classroom is based on case teaching, in addition to teaching knowledge, it also takes a lot of time to solve practical problems, and in the form of teamwork. There are a lot of costs associated with this mode of study, which also need to be included in the tuition fee.

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The cost and return of the degree.

1. Cost. Some of the top-ranked full-time MBA programs have significantly higher annual tuition and fees than others. In the 2021-2022 academic year, the most expensive programs in the ranking charge $70,000 or more per year in tuition, while the least expensive programs charge less than $20,000.

Tuition and fees at top business schools tend to be higher than those at the lower ranked school, Luqiao. But this is not always the case, and sometimes there are different fees between similarly ranked business schools.

For example, NYU's Leonard School of Business charges $78,700 in tuition and fees in 2021-2022, but it costs $70,000 for Duke University's Fuqua School of Business, which is tied for 12th overall MBA rankings.

Public schools are generally less expensive than private schools, especially for in-state students.

Partial and full MBA scholarships exist, but applications for the scholarship are highly competitive. Some MBA scholarships are reserved for specific groups of applicants, such as women, students of color, active-duty military members, and veterans.

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The average salary package of graduates.

Starting salaries for MBA graduates vary widely, with highly-ranked business school graduates earning significantly more than their peers who graduated from lower-ranked schools in the released 2023 Best Business Schools rankings.

In the top 10 ranked business schools with the highest average salaries and bonuses, the overall average compensation is $175,789. In the 10 ranked business schools with the lowest average salaries and bonuses, the overall average compensation is $55,755.

The pay of MBA graduates varies depending on the industry. The average base salary for those who work in the consulting industry is close to $147,200, while those who work in ** typically earn about $87,700, or less than $59,500.

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Non-monetary returns.

In order to decide whether or not attending business school is a wise decision, it is not enough to calculate the direct financial return of an MBA degree, as the professional connections you make during your time in business school may have a long-lasting impact on your career trajectory.

Mike Catania, founder of the coupon and a student in the executive MBA program at the UCLA Anderson School of Management, said one of the main reasons he chose to attend business school was to expand his network. "I got what I wanted – access to amazing classmates and faculty that I would never have met on my own"He wrote in an email. "It's hard to put value on that, but I think it's only temporarily intangible – the relationships built over the next few years will positively impact my chances moving forward as an entrepreneur. "

In general, the prospects are good, after all, the academic qualifications and knowledge reserves have been improved, and the help for in-service personnel is still quite great, and the specific can be understood through the MBA tutorial class.

From the perspective of China's market, the employment prospects of MBA are still very good. At present, domestic MBA education is mainly to train middle managers of major enterprises. For example, at present, many of China's old state-owned enterprises are facing the boom period, and the financial industry has entered a period of transformation, and these industries are currently lacking most of the MBA elites.

Nowadays, more and more people choose to study MBA, and many companies recruit candidates with MBA qualifications who are preferred. We often have MBA students who have graduated from the past to give us feedback that they have gained a lot after studying MBA.

1. First of all, my horizons have really broadened, and the levels I have come into contact with are not the same. Together with some outstanding students, I found some of my own determinations, worked hard to improve my learning, and broadened my network of resources.

2. After reading the MBA, many students have directly jumped to a higher platform and more job opportunities3. Learn professional management knowledge, apply it to practice, and change the thinking mode they think will help you with your questions!

The high tuition fee of the MBA is due to the relatively high-end teaching content and teaching methods, which require the hiring of excellent professors, the hiring of senior managers in the industry to teach, the provision of a large number of case studies and practical teaching, and the need to provide complete teaching equipment and resources, all of which require huge capital investment.

In addition, MBA graduates often have higher salaries and career development opportunities, which is one of the reasons for the high tuition fees. Many people believe that high tuition fees are meant to provide better quality education and a wider range of career opportunities, and are therefore willing to invest in it.

In addition, many MBA programs are mainly focused on business and management, and are high-end talent training programs for enterprises and commercial fields, which also leads to high tuition fees. It is important to note that MBA tuition fees vary from school to school, country to country or region, as they may face different markets and target groups. If you are confused or worried about MBA tuition, you can make a detailed understanding and comparison to choose the best program and school for you.

In addition, the high base of MBA tuition is also closely related to the relationship between market supply and demand. In recent years, more and more people have begun to pay attention to business and management education, and the demand for MBAs has gradually increased, resulting in a rise in the market ** level. At the same time, many well-known enterprises and institutions have also begun to invest in supporting MBA education, providing sponsorship or employment opportunities for schools, which has further promoted the development of the MBA market.

Finally, the high tuition fees also partly reflect the special nature of business and management education. Business and management education often needs to provide the latest business trends and management ideas, providing students with up-to-date knowledge and skills, so it needs to constantly update teaching content and resources. At the same time, business and management education also needs to meet the high-quality requirements of the industry, so it needs to adopt more high-end educational equipment, teaching materials and tools.

These are some of the reasons for the high cost of MBA tuition.