The Financial Investment of an MBA Degree
Understanding the Costs, Fees, and Financial Aid Options
Cost of Attendance for MBA Programs
The cost of attendance for an MBA program encompasses various expenses, including tuition, fees, and living expenses. It typically assumes a 9-month budget for both first-year and second-year students.
Tuition Fees for Wharton MBA
Wharton School at the University of Pennsylvania charges tuition fees of $83,370 for the 2023-24 academic year. This fee covers the cost of instruction, resources, and facilities.
Tuition for First-Year MBA Students
The first-year tuition for the Wharton MBA program for the 2023-2024 academic year is $87,370. This fee includes the cost of courses, access to faculty, and support services.
Cost of Wharton Executive MBA
The Wharton Executive MBA program's cost is designed to cover more than just the price of courses. It also includes expenses related to faculty, program materials, technology, and networking opportunities.
Financial Aid Options for MBA Students
To help students finance their MBA education, Wharton offers a range of financial aid options, including scholarships, grants, loans, and work-study programs. Students are encouraged to explore and apply for available aid to minimize the financial burden.
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