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US MBA Programs with Best Return on Investment

The US is the leading nation for pursuing education with home to universities like Harvard, Stanford, MIT, UCLA, and more. While cost is a big factor in determining which business school to pursue the course in, it should also be mentioned that the US is home to some of the best MBA programs with the best ROI.

Return on investment is a vital factor considered by students which states the salary-to-debt ratio and the amount retained. Return on investment comprises of scholarship amounts, tuition costs, and the opportunity cost of not working during the program. In 2018, the University of Wisconsin School of Business topped the list of best business schools based on ROI with its average salary at $122, 532, and debt count of $52, 562 finalizing at an ROI of 2.3x.

What is the ROI of an MBA?

Before gathering knowledge about the MBA programs with the best ROI, candidates need to know how the ROI of an MBA is calculated. ROI includes the cost of living, debts, lost compensations. One way to calculate the ROI of an MBA is by dividing the average salary after finishing grad with the amount of debt.

Marriot School of Management of Brigham Young University, Hough Graduate School of Business at the University of Florida, Michael G. Foster School of Business at the University of Washington, and Smeal College of Business at Pennsylvania State University - all of them are among the best business schools based on ROI offering an average salary of around $100,000 and a bonus amount within three months of joining.

According to a loan expert, two more factors should be considered while calculating the ROI - the lost salary and the debt’s interest for 10 years. Deduct the current salary from the anticipated future salary and divide the amount with the total cost. The total cost should comprise the debt, abandoned income, and also the10 year’s interest.

The expert also advised the MBA aspirants to check out the class profiles shared by the universities where the average salaries are also shared to get an idea of their future expected compensation.

It must be noted that entrepreneurs will tend to earn lesser compensation during the initial stages.

Which Colleges Have the Best ROI in the USA?

The USA is the hub of education and pursuing a degree will open the doors to working in top-level MNCs. Furthermore, they will also get numerous scholarship opportunities.

The following list will show the best business school based on ROI along with rankings. Candidates will be able to perceive the facts about the ROI and accordingly choose the school.

Best Value MBA Programs in the US

Pursuing MBA from the USA will be fruitful if the candidate is planning to pursue management and work in similar fields or be a company-founder. There are certain business schools that are considered the best value MBA programs.

The year 2020 saw the University of Florida’s Warrington College of Business topping the list of the best value MBA programs in the USA in Financial Times Global MBA ranking. The tuition fee of the residential candidates is $26,473 and for non-residential ones, it is $61,260 which is just a portion of what the total cost of MBA programs is in the USA.

Best ROI MBA colleges in the world consider the average salaries of the last three years after graduating. Students of Warrington obtain a salary of roughly $132,250 which is quite higher than double the cost of the non-residents of the course. Second in the ranking, Pennsylvania’s Smeal College of Business charges $26,938 and for outside students, they charge $43, 296 and the graduates within three years of the completion of their course earn around $133, 483.

Business Schools having the Worst ROI

While studying the MBA programs with the best ROI in the USA, there should also be a clear understanding of the schools having the worst ROI and why they are considered so.

Maine School of Business of the University of Davenport has grabbed the bottom place in the ROI metric. This school offers two distinct MBA programs - an advanced 1-year MBA program and ‘’Competency-Based’’ MBA which resulted in an average salary of $82,344 but a debt of a whopping $151,070 which eventually results in its ROI being .5x.

  • Strayer University
  • Colorado Technical University
  • Kaplan University
  • Point park university
  • Southern New Hampshire University
  • Johnson & Wales University
  • Baker college
  • Ashford university

These are a few of the universities whose ROI ranges from 0.5 - 0.9.

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