The degree can launch you into a lucrative career, but it will cost you.
Business school alumni from the top 100 MBA programs were paid $142,000 in 2016, three years after donning their graduation caps.
However, fees are now equivalent to 8.7 months’ gross annual salary three years after graduation.
When adding living expenses, and the opportunity cost of leaving a job to study full-time, the bill for a two-year degree in the US exceeds a whopping $300,000.
European business schools offer a faster return on investment, as programs there are generally one-year in duration.
The Financial Times ranked the 100 best global MBA programs according to career progression, research and diversity.
We chopped the data into value for money.
Below, are the 12 MBA programs in Europe that offer the most bang for your buck.
Tuition is quoted in local currencies.
1. Judge Business School, University of Cambridge
Average Salaries: $164,741
Tuition: £51,000
Program Length: 12 months
2. ESMT Berlin
Average Salaries: $108,360
Tuition: €38,000
Program Length: 12 months
3. EDHEC Business School
Average Salaries: $113,502
Tuition: €41,000
Program Length: 10 months
4. University of Strathcylde Business School
Average Salaries: $98,105
Tuition: £28,000
Program Length: 12 months
5. Lancaster University School of Management
Average Salaries: $114,220
Tuition: £29,000
Program Length: 12 months
6. Durham University Business School
Average Salaries: $104,321
Tuition: £28,000
Program Length: 12 months
7. IMD
Average Salaries: $154,511
Tuition: CHF 60,000
Program Length: 11 months
8. Cranfield School of Management
Average Salaries: $123,773
Tuition: £36,000
Program Length: 13 months
9. INSEAD
Average Salaries: $167,657
Tuition: €77,000
Program Length: 12 months
10. Vlerick Business School
Average Salaries: $97,960
Tuition: €38,000
Program Length: 12 months
11. Rotterdam School of Management, Erasmus University
Average Salaries: $120,625
Tuition: €47,000
Program Length: 12 months
12. Mannheim Business School
Average Salaries: $113,829
Tuition: €36,000
Program Length: 12 months
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