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- Higher- and business-education specialist QS Quacquarelli Symonds recently released its 2020 Global MBA Ranking, evaluating 240 of the best business schools in the world.
- One of the components of QS’ ranking is the estimated return on investment for an MBA at each of the top schools.
- Here are the 19 schools among the 50 best global MBA programs that had the highest return on investment score and six-figure salaries post graduation.
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Enrolling in an MBA program can be a huge investment of time and money. With so much at stake, it’s worth it to do your research before making a final decision on your dream school.
Selecting a competitive institution is even more important if you want to earn a lucrative salary. The average salary for an MBA student post graduation in 2019 was about $106,757 a year, according to a survey from US News and World Report.
Business education specialists QS Quacquarelli Symonds recently released a 2020 Global MBA Ranking, evaluating 240 of the best business schools in the world.
One of the components of QS’ ranking is the estimated return on investment for an MBA at each school. The return on investment ranking compares post-MBA salaries to pre-MBA salaries and factors in tuition and cost of living, according to QS’ methodology. The return on investment score is ranked out of 100.
The ranking also includes the post-program salary and the average annual bonus, which is based on data from QS’ survey of employers.
Here are 19 schools that will give you the most bang for your buck as well as a six-figure salary. The list includes each school’s overall ranking, and indicates if there are ties between institutions.
35. Penn State (Smeal)
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Location: Centre County, Pennsylvania
QS return-on-investment score: 86.8
Tuition: $53,000
Post-graduation salary: $107,000
26. Florida (Warrington)
University of Florida/Facebook
Location: Gainesville, Florida
QS return-on-investment score: 86.5
Tuition: $25,000
Post-graduation salary: $107,000
22 (tie). Emory (Goizueta)
Nay Ni Ratn Mak Can Thuk / EyeEm
Location: Atlanta, Georgia
QS return-on-investment score: 83.9
Tuition: $119,000
Post-graduation salary: $121,000
22 (tie). Michigan State (Eli Broad)
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Location: East Lansing, Michigan
QS return-on-investment score: 85.5
Tuition: $61,000
Post-graduation salary: $106,000
21. Georgetown (McDonough)
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Location: Washington D.C.
QS return-on-investment score: 91. 1
Tuition: $117,000
Post-graduation salary: $117,000
19. Carnegie Mellon (Tepper)
JHU Sheridan Libraries/Gado/Getty Images
Location: Pittsburgh, Pennsylvania
QS return-on-investment score: 90.6
Tuition: $136,000
Post-graduation salary: $121,000
16. Indiana (Kelley)
Location: Bloomington, Indiana
QS return-on-investment score: 89.6
Tuition: $58,000
Post-graduation salary: $109,000
13. NYU (Stern)
Facebook/NYU
Location: New York City, New York
QS return-on-investment score: 87.5
Tuition: $141,000
Post-graduation salary: $130,000
11(tie). Michigan (Ross)
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Location: Ann Arbor, Michigan
QS return-on-investment score: 85.2
Tuition: $125,000
Post-graduation salary: $124,000
11(tie). Duke (Fuqua)
Gerry Broome/AP
Location: Durham, North Carolina
QS return-on-investment score: 86.6
Tuition: $138,000
Post-graduation salary: $128,000
10. Yale
Michelle McLoughlin/Reuters
Location: New Haven, Connecticut
QS return-on-investment score: 84
Tuition: $137,000
Post-graduation salary: $120,000
9. UCLA (Anderson)
Damian Dovarganes/AP
Location: Los Angeles, California
QS return-on-investment score: 84.8
Tuition: $130,000
Post-graduation salary: $122,000
8. Columbia
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Location: New York, New York
QS return-on-investment score: 85.3
Tuition: $143,000
Post-graduation salary: $129,000
7. Northwestern (Kellogg)
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Location: Evanston, Illinois
QS return-on-investment score: 86.9
Tuition: $72,000
Post-graduation salary: $129,000
6. UC Berkeley (Haas)
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Location: Berkeley, California
QS return-on-investment score: 84. 2
Tuition: 60,000
Post-graduation salary: $128,000
5. Chicago (Booth)
Location: Chicago, Illinois
QS return-on-investment score: 85.7
Tuition: $138,000
Post-graduation salary: $130,000
3. MIT (Sloan)
Location: Cambridge, Massachusetts
QS return-on-investment score: 87.2
Tuition: $142,000
Post-graduation salary: $127,000
1 (tie). Stanford
Stanford/ Facebook
Location: Stanford, California
QS return-on-investment score: 89.7
Tuition: $138,000
Post-graduation salary: $146,000
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