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Michigan State Business School rankings

Michigan State University Broad College of Business Located in East Lansing, Michigan  August 10, 2017 – 06:11 pm
Michigan State University

Adjust the numbers on the left to find out how well an MBA at Michigan State University Broad College of Business pays off.

Assuming it takes 2 years and you earn $60, 000 annually before attending, obtaining your MBA means forgoing a salary of $120, 000. Combining this opportunity cost with the total nonresident program cost of $86, 297 (not including food, rent, etc.) gives a total of $206, 297.

The 10-year ROI is 213% and the total 10-year gain is $233, 929. ROI takes the cumulative 10-year salary difference and divides by the total cost (MBA program and lost wages). The gain takes that 10-year salary difference and subtracts the total cost. Post-MBA salary is assumed to be the average for this school ($95, 000) and pre-MBA and post-MBA salaries are assumed to grow at a rate of 5%. Numbers are not inflation-adjusted and do not take into account sign-on bonuses and other compensation or qualitative gains such as networking and skills. Cost does not consider loan interest.

Source: business-schools.startclass.com

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