The Economist's Top Value-for-Money B-Schools
The Economist has released a new list, which ranks business schools across the world based on their return on investment. The chart shows the cost of an MBA at selected business schools after taking into account tuition fees and forgone salary.
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HEC Paris: The Economist has placed HEC Paris as the No. 1 B-School and says that the return on investment on an MBA course from this B-School is 67 per cent. According to the magazine, the students at HEC make enough extra money upon graduation to pay off their degrees in less than two years.
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Harvard Business School has been positioned at the 17th position in the list. Touted often as one of the most prestigious business school, it fails to impress the Economist when it comes to 'good value MBAs'. The magazine says its offers only 15 per cent return on investment.
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Stanford University: One of the world's leading research and teaching institutions, it has been placed in the bottom three by The Economist in terms of offering 'good value MBAs'. An MBA course from this institution offers only 14 per cent return on investment, says the magazine.
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Wharton School: The magazine says "an MBA at Wharton costs $330,000 on average, in part because it enrolls well-paid executives. But the immediate return on such degrees is small." However, it also adds that Wharton alumni are more likely to top the greasy pole in the long run.