If you have not thought about the cost incurred in getting an MBA education from the best Ivy League business school (HBS) in the country, then it is time that you give serious thought to it, obviously along with your GMAT preparation. One cannot really say that MBA education at Harvard Business School is costlier or more affordable when compared to other business schools. However, what you can be sure of is that every single penny spent towards the gratification on the MBA dream is worth it. More than what you learn, what make it all the more precious are the associations you form here and the six figure remuneration jobs after successful completion of the course.
So, what is the total cost?
The overall cost of Harvard MBA programs differs from student to student, depending upon their lifestyle. However, when considered from strictly academic and course requirement point of view, the major components of the course costs are tuition fee, university health services fee, Blue Cross/Blue Shield, Program Support fee and Room& Utilities fee. Personal expenses are also added to the aggregate of other costs for the purpose of determining the financial aid. These expenses depict an average amount, true for a majority of the students, as seen from the previous experience.
Taking into consideration all the information mentioned above, the cost of MBA education at Harvard is as follows:
Single Student: $84,000
(with one child)
(with two children)
For more information and complete breakdown, visit http://www.hbs.edu/mba/admissions/costsummary.html