US business schools fall under two major categories:
– public (state supported), and
– private (independent) institutions.
International students tuition expenses at state schools are based on nonresident costs, which are still usually less expensive than those of private universities.
It is important to note that the cost of a program in a US school does not necessarily affect its quality.
A brief idea can be got from the following table:
Tuition Fees (annual in U.S. Dollars)
The tuition fee is different for different universities and varies widely with courses. It can vary from as low as $ 8000 a year for state universities to as much as $ 35000 per annum for some private universities.
For example, Colorado Technical University offers the MBA program for less than US $ 10,000 a year, while many top schools like Harvard Business School and Wharton Business Schools have a fee structure of around US $ 30,000 per year.
For more specific details, please check out the university websites or contact the universities.
The approximate annual living expenses during the MBA program is about $14,400. which includes accommodation as well as other daily expenses. However, the expenses are different for different people depending on the lifestyles and this is just a rough idea. The main expenses can be split up as:
$ 500 per month
(you can live alone with that amount in a place like Auburn or share an apartment with 6 people in NY)