From Insider Monkey: In this article, we take a look at top MBA programs with the highest return on investment.
To develop our list of top MBA programs with the highest return on investment, we initially picked out the most highly rated MBA programs in the United States. We used rankings from sources such as QS and Fortune to develop a shortlist of 50 universities. To ensure the schools were comparable, we focused only on full-time, two-year MBA programs, which is the most common structure for MBA degrees. Further research was narrowed down to these only.
Among these highly rated MBA programs in the U.S., we calculated the average expense using the cost of attendance data provided by each school. To calculate each program’s return we used the median base salary based on the latest available employment reports. Using an expected increase in salary of 3% per year, we calculated each program’s return on investment during the first five years of employment. The top 15 institutes were chosen as the top MBA programs with the highest return on investment.
The Return-On-Investment Ranking: From 423% To 273%
| Rank & School | ROI | Total Cost To Attend | Median Base Salary |
|---|---|---|---|
| 1. Texas-Austin (McCombs) | 423% | $177,610 | $175,000 |
| 2. Indiana (Kelley) | 348% | $162,772 | $137,500 |
| 3. Michigan (Ross) | 343% | $209,854 | $175,000 |
| 4. Rice (Jones) | 327% | $194,420 | $156,500 |
| 5. Duke (Fuqua) | 319% | $221,652 | $175,000 |
| 6. Cornell (Johnson) | 317% | $222,872 | $175,000 |
| 7. Emory (Goizueta) | 310% | $213,807 | $165,000 |
| 8. Washington (Foster) | 308% | $196,632 | $151,247 |
| 9. Virginia (Darden) | 295% | $234,974 | $175,000 |
| 10. Yale SOM | 290% | $238,220 | $175,000 |
| 11. Harvard | 286% | $240,708 | $175,000 |
| 12. Chicago (Booth) | 279% | $251,874 | $180,000 |
| 13. Carnegie Mellon (Tepper) | 274% | $223,572 | $157,360 |
| 14. Dartmouth (Tuck) | 273% | $249,028 | $175,000 |
| 15. Georgetown (McDonough) | 273% | $213,562 | $150,000 |
2024 OULTC m5 Varsity Championship Team: Jianwei Cui, Suyash Agarwal, Scott Beardsley, Tillmann Willett, Joel Klein, Nijay Sivarajan and Joel Seward. Darden photo
UVA Darden Dean Scott Beardsley plays to win
From Charlottesville, Virginia: At age 61, University of Virginia Darden School of Business Dean Scott Beardsley made history this month by becoming what is believed to be the oldest Oxford University student athlete ever selected to play in a historic tennis rivalry that dates back to 1890 between Oxford and Cambridge universities.
Beardsley, a lifelong tennis player and active supporter of the UVA tennis program, didn’t just participate. He won the decisive singles match in a grueling thriller in the heat, coming from behind after losing the first set, 6-4, and surviving the third set tiebreaker, 11-9, to lift his Oxford University Lawn Tennis Club team to victory against the Cambridge University Lawn Tennis Club in the 134th Tennis Varsity – the team’s first since 2019.
“Tennis has always brought me great joy, and I believe it’s important in life to pursue your passions,” Beardsley said. “If I can inspire anyone over 50 to pursue their passions and to keep moving and learning, that would be success for me.”
Yale School of Management welcomes 4 new faculty members for 2024-2025
From New Haven, Connecticut: Four scholars across three different disciplinary groups joined the Yale School of Management faculty on July 1.
Pierre Bodéré, who earned a PhD from New York University and was a postdoctoral researcher at Princeton University, will join the faculty as an assistant professor of economics.
Erin Lynn Frey, an assistant professor at the University of Southern California’s Marshall School of Business, will join the faculty as an assistant professor of organizational behavior. Beth Anne Helgason, who earned a PhD from London Business School, will also join the organizational behavior group as an assistant professor.
Aneesh Raghunandan, an assistant professor of accounting at the London School of Economics, will join SOM as an assistant professor of accounting.
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