Harvard estimates that its 2013 MBA students will need to find $84,000 for 9 months of education. Others argue you can get by on $60,000 per year.
But if you take into account two years of lost earnings, you’re looking at a cost of anywhere between $240,000 and $400,000 for your MBA.
If you are carrying this as debt, you’ll find that your MBA, far from enhancing your career prospects, has shrunk them - because there will be plenty of jobs you cannot afford to accept.
Wall Street or large corporations are the only places you’ll find the salaries you need to eliminate your personal debt.
The prospect of such debt-ridden graduands risking everything they don’t have on a start-up seems counter-intuitive at best.
But if B-schools turn into Wall Street feeders, the cost in loss of intellectual freedom will be immense.
The education sector is expanding and so are the fees of the same...the most liked and popular MBA is getting expensive these days...to a greater extent what do u feel are we facing the scenario or can this be changed ...somehow
But if you take into account two years of lost earnings, you’re looking at a cost of anywhere between $240,000 and $400,000 for your MBA.
If you are carrying this as debt, you’ll find that your MBA, far from enhancing your career prospects, has shrunk them - because there will be plenty of jobs you cannot afford to accept.
Wall Street or large corporations are the only places you’ll find the salaries you need to eliminate your personal debt.
The prospect of such debt-ridden graduands risking everything they don’t have on a start-up seems counter-intuitive at best.
But if B-schools turn into Wall Street feeders, the cost in loss of intellectual freedom will be immense.
The education sector is expanding and so are the fees of the same...the most liked and popular MBA is getting expensive these days...to a greater extent what do u feel are we facing the scenario or can this be changed ...somehow