If you’re aiming for a top-tier two-year MBA from a U.S. business school but don’t want to shell out over $200,000, your choices are slim—and shrinking every year.
According to a Poets&Quants analysis, 22 of the top 25 U.S. B-schools now charge at least 100,000peryearfortheirfull−timeMBAprograms—upfrom19lastyear.Backin2022,only15schoolshitthatmark,andin2018,justninedid.ThefivepriciestMBAsintheU.S.nowexceedastaggering100,000peryearfortheirfull−timeMBAprograms—upfrom19lastyear.Backin2022,only15schoolshitthatmark,andin2018,justninedid.ThefivepriciestMBAsintheU.S.nowexceedastaggering250,000.
The only top-25 programs where you can earn an MBA for under 200,000overtwoyears(includingtuition,livingexpenses,andfees)arebothinTexas:No.18RiceJonesGraduateSchoolofBusiness(200,000overtwoyears(includingtuition,livingexpenses,andfees)arebothinTexas:No.18RiceJonesGraduateSchoolofBusiness(195,789) and No. 19 Texas-Austin McCombs School of Business ($167,343).
Highest Estimated 2-Year Cost for an Elite U.S. MBA
| 2024 P&Q Rank | School | Estimated Total 2-Year Cost* | 2023 Cost* | Change | % Change |
|---|---|---|---|---|---|
| 4 | Columbia Business School | $259,316 | $249,518 | +$9,708 | 3.9% |
| 1 | Stanford GSB | $257,211 | $250,854 | +$6,357 | 2.5% |
| 31 | Pennsylvania (Wharton) | $252,192 | $243,044 | +$9,148 | 3.8% |
| 13 | UCLA (Anderson) | $250,278 | $238,989 | +$11,289 | 4.7% |
| 10 | New York (Stern) | $250,127 | $244,778 | +$5,349 | 2.2% |
| 11 | Chicago (Booth) | $248,097 | $237,222 | +$10,875 | 4.6% |
| 12 | Northwestern (Kellogg) | $245,623 | $237,691 | +$7,932 | 3.3% |
| 3 | Dartmouth (Tuck) | $244,518 | $237,579 | +$6,939 | 2.9% |
| 15 | UC-Berkeley (Haas) | $240,219 | $232,109 | +$8,110 | 3.5% |
| 14 | MIT (Sloan) | $235,924 | $229,175 | +$6,749 | 2.9% |
*MBA1 + MBA2.
Source: P&Q analysis
Tuition: 12 of 27 Top U.S. B-Schools Charge $80K or More
Tuition is the biggest expense in any MBA program, and—no surprise—it keeps climbing. Nearly half of the 27 top U.S. B-schools (12, up from seven in 2023 and just four in 2022) now charge over 80,000intuition.ColumbiaBusinessSchoolleadswithanannualtuitionof80,000intuition.ColumbiaBusinessSchoolleadswithanannualtuitionof88,300 (a 4.5% increase).
The highest-ranked school under 80K?No.2HarvardBusinessSchoolat80K?No.2HarvardBusinessSchoolat76,410. Only two other top-10 schools are below that mark. Overall, 19 of the 27 charge at least 75K—upfrom13lastyear.Thelowesttuition?No.37IndianaKelley(75K—upfrom13lastyear.Thelowesttuition?No.37IndianaKelley(55,695 for out-of-state students; even less for locals). Texas McCombs follows at 59,684—theonlytwoschoolsunder59,684—theonlytwoschoolsunder60K.
Living Expenses Add Up
After tuition, living expenses make up most of the remaining cost—but these vary widely. Five schools estimate living costs over 30K/year(upfromfourin2023),while15exceed30K/year(upfromfourin2023),while15exceed25K (up from 12). Stanford GSB has the highest estimate (39,888),whileIndianaKelleyisthelowest(39,888),whileIndianaKelleyisthelowest(16,172).
What About Global B-Schools?
Thinking of Europe to save money? You might be disappointed—though options under $200K do exist.
Highest Tuition at Top U.S. B-Schools
| 2024 P&Q Rank | School | 2024 Tuition | 2023 Tuition | Change | % Change |
|---|---|---|---|---|---|
| 4 | Columbia Business School | $88,300 | $84,496 | +$3,804 | 4.5% |
| 14 | MIT (Sloan) | $86,550 | $84,200 | +$2,350 | 2.8% |
| 5 | Yale SOM | $84,900 | $82,700 | +$2,200 | 2.7% |
| 31 | Pennsylvania (Wharton) | $84,830 | $87,370 | -$2,540 | -2.9% |
| 11 | Chicago (Booth) | $84,198 | $80,961 | +$3,237 | 4.0% |
Source: Business schools
Annual Total Costs Keep Rising (Mostly)
Poets&Quants calculates two-year MBA costs by adding schools’ own annual estimates (MBA1 = 2023, MBA2 = 2024). Columbia now has the priciest MBA at 259,316(+3.9259,316(+3.9257,211 (+2.5%), with Wharton (252,192),UCLAAnderson(252,192),UCLAAnderson(250,278), and NYU Stern ($250,127) rounding out the top five.
The average top-10 MBA now costs 234,473(down1234,473(down1245,152.
Virginia Darden saw the biggest jump (+6.2% to 226,168),whileChicagoBoothrose4.6226,168),whileChicagoBoothrose4.6248,097). Across all 27 schools, the average cost is $224,761—up 4.2% from last year and 12.6% since 2020.
One-Year Costs Up 3.9% Since 2023, Over 10% Since 2021
Most schools only provide one-year cost estimates, assuming expenses will rise. P&Q’s method—adding the last two years—is the most accurate.
While three schools (USC Marshall, Emory Goizueta, and Washington Olin) saw costs drop year-over-year, most kept climbing. The smallest 2023-2024 increase was Harvard’s 2.8% (118,854),whileNYUSternhadthesmallestfour−yearrise(+4.4118,854),whileNYUSternhadthesmallestfour−yearrise(+4.4126,874).
Key Stats:
- Biggest 4-year increase (top 10): Virginia Darden (+16.3% to $117,217)
- Biggest 2-year increase (top 10): Darden (+7.6%)
- Smallest 4-year increase (all 27): Washington Olin (-1.8% to $85,896)
- Biggest 4-year increase (all 27): Rice Jones (+24.3% to $99,529)
- Only double-digit 2023-2024 increase: MIT Sloan (+16.1% to $126,744)
14 of 27 schools have seen double-digit cost growth since 2021.
Highest One-Year MBA Costs (2023-2024)
| 2024 P&Q Rank | School | 2024 Total Cost | 2023 Total Cost | Change | % Change |
|---|---|---|---|---|---|
| 4 | Columbia Business School | $132,258 | $127,058 | +$5,200 | 4.1% |
| 1 | Stanford GSB | $130,746 | $126,465 | +$4,281 | 3.4% |
| 13 | UCLA (Anderson) | $128,687 | $121,591 | +$7,096 | 5.8% |
Source: Business schools
Worried about the cost? Scholarships can help!
Business schools know how it looks when they charge nearly a quarter of a million dollars (and rising) for a two-year MBA. That’s one reason they offer so many scholarships. But scholarships and fellowships aren’t the only way to get the education and credentials you need to boost your career.
Online MBAs and part-time programs are usually much cheaper than full-time MBAs—plus, you don’t have to quit your job. Master in Management programs, designed for younger, less experienced applicants, take less time (typically one year) and are becoming more common at U.S. schools, not just in Europe where they’ve long been popular.
Still, a full-time MBA often gives graduates a bigger career advantage. Check out these stories for more details:
- Ranking MBAs by Return on Investment
- The ROI of P&Q’s Top-Ranked Business Schools
- High & Low Salaries and Bonuses at the Top 100 U.S. B-Schools
In 2024, Columbia had the highest tuition at 88,300,followedbyMITSloanat88,300,followedbyMITSloanat86,550. Last year’s most expensive, Wharton, actually lowered its tuition from 87,370to87,370to84,830—one of only two schools out of 27 to cut costs.
On the lower end, Indiana Kelley (55,695)andWashingtonFoster(55,695)andWashingtonFoster(57,831) had the most affordable tuition among the 27 schools.
This year, 12 schools charge over 80Kintuition,upfromsevenlastyear.Backin2021,nonewerethathigh.Twenty−twoschoolsnowcostmorethan80Kintuition,upfromsevenlastyear.Backin2021,nonewerethathigh.Twenty−twoschoolsnowcostmorethan70K (up from 19 last year and just 13 in 2019), while three remain below 60K—thesameasthepasttwoyears.In2019,fiveschoolschargedunder60K—thesameasthepasttwoyears.In2019,fiveschoolschargedunder60K.
No schools kept tuition flat this year, though that was common in recent years. For example, Harvard Business School held steady at 73,440forfiveyearsuntil2023.DartmouthTuckstayedat73,440forfiveyearsuntil2023.DartmouthTuckstayedat77,520 for four years, and Texas McCombs kept out-of-state tuition at $58,270 for three years before increasing it.
While no school froze tuition, three—Washington Foster, Michigan Ross, and Wharton—actually lowered theirs. Only Wharton’s cut was significant.
Thinking Europe might be cheaper? Maybe, but the euro has bounced back after a dip in 2022. Some European schools offer bargains, but others might cost even more than U.S. programs.
Tuition & Cost at Top Global B-Schools
| School | Two-Year Tuition ($) | Living Expenses ($) | Total Yearly Cost ($) |
|---|---|---|---|
| HEC Paris | $105,267 | $26,666 | $131,933 |
| London Business School | $146,030 | $50,000 | $196,030 |
| IESE Business School | $102,044 | $25,134 | $127,178 |
| Toronto Rotman | $100,066 | $40,388 | $140,454 |
| INSEAD* | $106,858 | 10,740−10,740−13,961 | 117,598−117,598−120,819 |
*Fontainebleau or Singapore
Source: Business schools
Average One-Year Tuition Growth at 27 Top U.S. B-Schools: 4.2%
From 2023 to 2024, UC-Berkeley Haas saw the biggest tuition jump—11.7%, or 8,973,bringingitto8,973,bringingitto85,406. USC Marshall was the only other school with double-digit growth (10.2%, reaching $79,893).
Top-10 schools averaged a 3.9% increase (3,030),withColumbiaseeingthehighestrise(4.53,030),withColumbiaseeingthehighestrise(4.584,496 to $88,300). Across all 27 schools, the average increase was 4.2%.
From 2019 to 2024, top-10 schools saw an 11.9% tuition hike, while 25 leading programs averaged 13.7%. Nineteen schools had double-digit growth in that time. Michigan Ross had the smallest increase (2.8%, to 73,030),whileHaashadthelargest(24.873,030),whileHaashadthelargest(24.816,962).
Public schools often charge much more for out-of-state students. For example:
- Indiana Kelley: 29,573(in−state)vs.29,573(in−state)vs.55,695 (out-of-state)
- UNC Kenan-Flagler: 53,776(in−state)vs.53,776(in−state)vs.71,956 (out-of-state)
- UC-Berkeley: 73,160(in−state)vs.73,160(in−state)vs.85,406 (out-of-state)
- Michigan Ross: 78,030(in−state)vs.78,030(in−state)vs.73,030 (out-of-state)
Tuition at the Top U.S. B-Schools, 2019 to 2024
| Tuition At the Top B-Schools | |||||||||||
| 2024 P&Q Rank | School | 2024 Tuition | 2023 Tuition | 2022 Tuition | 2021 Tuition | 2020 Tuition | 2019 Tuition | 2-Year Change | 2-Year % | 6-Year Change | 6-Year % |
| 1 | Stanford GSB | $ 82,455 | $ 79,860 | $ 76,950 | $ 74,706 | $ 74,706 | $ 73,062 | $ 2,595 | 3.2% | $ 9,393 | 12.9% |
| 2 | Harvard Business School | $ 76,410 | $ 74,910 | $ 73,440 | $ 73,440 | $ 73,440 | $ 73,440 | $ 1,500 | 2.0% | $ 2,970 | 4.0% |
| 3 | Dartmouth (Tuck) | $ 80,620 | $ 77,520 | $ 77,520 | $ 77,520 | $ 77,520 | $ 75,108 | $ 3,100 | 4.0% | $ 5,512 | 7.3% |
| 4 | Columbia Business School | $ 88,300 | $ 84,496 | $ 80,542 | $ 77,376 | $ 77,376 | $ 77,376 | $ 3,804 | 4.5% | $ 10,924 | 14.1% |
| 5 | Yale SOM | $ 84,900 | $ 82,700 | $ 79,000 | $ 74,500 | $ 72,350 | $ 72,350 | $ 2,200 | 2.7% | $ 12,550 | 17.3% |
| 6 | Duke (Fuqua) | $ 77,925 | $ 75,000 | $ 71,750 | $ 70,000 | $ 70,000 | $ 70,000 | $ 2,925 | 3.9% | $ 7,925 | 11.3% |
| 7 | Cornell (Johnson) | $ 83,106 | $ 79,910 | $ 76,690 | $ 74,026 | $ 71,940 | $ 69,440 | $ 3,196 | 4.0% | $ 13,666 | 19.7% |
| 8 | Virginia (Darden) | $ 81,700 | $ 78,600 | $ 75,200 | $ 72,600 | $ 72,600 | $ 70,500 | $ 3,100 | 3.9% | $ 11,200 | 15.9% |
| 9 | Michigan (Ross) | $ 75,392 | $ 73,196 | $ 73,196 | $ 72,114 | $ 71,048 | $ 71,048 | $ 2,196 | 3.0% | $ 4,344 | 6.1% |
| 10 | New York (Stern) | $ 84,180 | $ 82,326 | $ 82,326 | $ 78,700 | $ 76,780 | $ 74,184 | $ 1,854 | 2.3% | $ 9,996 | 13.5% |
| 11 | Chicago (Booth) | $ 84,198 | $ 80,961 | $ 77,841 | $ 74,919 | $ 73,440 | $ 72,000 | $ 3,237 | 4.0% | $ 12,198 | 16.9% |
| 12 | Northwestern (Kellogg) | $ 83,610 | $ 81,015 | $ 78,276 | $ 76,368 | $ 74,871 | $ 73,404 | $ 2,595 | 3.2% | $ 10,206 | 13.9% |
| 13 | UCLA (Anderson) | $ 78,268 | $ 74,618 | $ 71,071 | $ 67,737 | $ 65,124 | $ 65,114 | $ 3,650 | 4.9% | $ 13,154 | 20.2% |
| 14 | MIT (Sloan) | $ 86,550 | $ 84,200 | $ 80,400 | $ 78,954 | $ 77,168 | $ 77,168 | $ 2,350 | 2.8% | $ 9,382 | 12.2% |
| 15 | UC-Berkeley (Haas) | $ 82,059 | $ 76,433 | $ 76,187 | $ 71,817 | $ 68,444 | $ 68,444 | $ 5,626 | 7.4% | $ 13,615 | 19.9% |
| 16 | Carnegie Mellon (Tepper) | $ 78,362 | $ 75,712 | $ 72,800 | $ 70,000 | $ 70,000 | $ 68,000 | $ 2,650 | 3.5% | $ 10,362 | 15.2% |
| 17 | Washington (Foster) | $ 57,831 | $ 57,846 | $ 56,127 | $ 53,601 | $ 53,531 | $ 51,531 | $ (15) | -0.03% | $ 6,300 | 12.2% |
| 18 | Rice (Jones) | $ 73,500 | $ 69,000 | $ 66,000 | $ 63,500 | $ 60,940 | $ 60,940 | $ 4,500 | 6.5% | $ 12,560 | 20.6% |
| 19 | Texas-Austin (McCombs) | $ 59,684 | $ 58,270 | $ 58,270 | $ 58,270 | $ 56,924 | $ 54,924 | $ 1,414 | 2.4% | $ 4,760 | 8.7% |
| 20 | North Carolina (Kenan-Flagler) | $ 71,956 | $ 71,364 | $ 68,112 | $ 66,840 | $ 66,270 | $ 66,324 | $ 592 | 0.8% | $ 5,632 | 8.5% |
| 21 | Vanderbilt (Owen) | $ 71,250 | $ 68,500 | $ 65,500 | $ 62,750 | $ 60,750 | $ 58,400 | $ 2,750 | 4.0% | $ 12,850 | 22.0% |
| 22 | Southern California (Marshall) | $ 79,893 | $ 72,501 | $ 69,036 | $ 53,806 | N/A | N/A | $ 7,392 | 10.2% | N/A | N/A |
| 23 | Emory (Goizueta) | $ 74,000 | $ 71,900 | $ 70,200 | $ 70,741 | $ 69,339 | $ 65,400 | $ 2,100 | 2.9% | $ 8,600 | 13.1% |
| 24 | Georgetown (McDonough) | $ 67,184 | $ 64,600 | $ 62,370 | $ 60,894 | $ 60,894 | $ 59,700 | $ 2,584 | 4.0% | $ 7,484 | 12.5% |
| 28 | Washington (Olin) | $ 68,200 | $ 66,200 | $ 64,250 | $ 64,250 | $ 62,981 | N/A | $ 2,000 | 3.0% | N/A | N/A |
| 31 | Pennsylvania (Wharton) | $ 84,830 | $ 87,370 | $ 84,874 | $ 76,000 | $ 74,500 | $ 74,500 | $ (2,540) | -2.9% | $ 10,330 | 13.9% |
| 37 | Indiana (Kelley) | $ 55,695 | $ 54,602 | $ 53,553 | $ 52,483 | $ 51,454 | $ 51,451 | $ 1,093 | 2.0% | $ 4,244 | 8.2% |
Living Expenses: Wide Variations
Living costs—mainly housing and food, sometimes including transportation—vary widely. Estimates range from nearly 40KinStanford’sPaloAltotounder40KinStanford’sPaloAltotounder17K in Indiana’s Bloomington (home of Kelley).
From 2019 to 2024, estimates changed anywhere from +50% to -12%. This year, five schools estimate living costs above 30K(upfromfourlastyear),15areover30K(upfromfourlastyear),15areover25K (up from 12), and four are below $20K (down from seven).
Most Expensive Living Costs (2024):
| 2024 P&Q Rank | School | 2024 Living Expenses | 2023 Living Expenses | Change | % |
| 1 | Stanford GSB | $ 39,888 | $ 38,724 | $ 1,164 | 3.0% |
| 2 | Harvard Business School | $ 34,000 | $ 32,600 | $ 1,400 | 4.3% |
| 31 | Pennsylvania (Wharton) | $ 33,804 | $ 26,028 | $ 7,776 | 29.9% |
| 3 | Dartmouth (Tuck) | $ 32,603 | $ 31,620 | $ 983 | 3.1% |
| 13 | UCLA (Anderson) | $ 30,440 | $ 24,850 | $ 5,590 | 22.5% |
| 17 | Washington (Foster) | $ 29,668 | $ 29,668 | None | None |
| 10 | New York (Stern) | $ 29,344 | $ 28,242 | $1,102 | 3.9% |
| 5 | Yale SOM | $ 29,227 | $ 28,266 | $ 961 | 3.4% |
| 22 | Southern California (Marshall) | $ 29,140 | $ 30,410 | $ (1,270) | -4.2% |
| 15 | UC-Berkeley (Haas) | $ 28,284 | $ 26,416 | $1,868 | 7.1% |
- Stanford GSB – $39,888 (+3% from 2023)
- Harvard Business School – $34,000 (+4.3%)
- Wharton – $33,804 (+29.9%)
- Dartmouth Tuck – $32,603 (+3.1%)
- UCLA Anderson – $30,440 (+22.5%)
Wharton’s Living Expenses Estimate Has Jumped Nearly 50% Since 2019
From 2023 to 2024, the average increase in living expenses at 22 business schools we tracked was 1,780—a7.41,780—a7.47,776 (29.9%) to 33,804.Ontheotherend,USCMarshallactuallylowereditsestimateby33,804.Ontheotherend,USCMarshallactuallylowereditsestimateby1,270 (4.2%) to $29,140, making it the only school to cut living costs over two years.
Three schools—Chicago Booth, Washington Foster, and Emory Goizueta—kept their estimates unchanged year over year. This isn’t unusual; Kellogg, for example, held its estimate at 22,185foryears,justasBoothstuckto22,185foryears,justasBoothstuckto22,185 and Foster to 21,248.Columbiahadn’tadjusteditslivingexpensesinfouryearsbeforeraisingthemthisyearto21,248.Columbiahadn’tadjusteditslivingexpensesinfouryearsbeforeraisingthemthisyearto27,396 from 24,822.Whilemostschoolsincreasedtheirestimatesin2024,ninedidsobylessthan24,822.Whilemostschoolsincreasedtheirestimatesin2024,ninedidsobylessthan1,000.
Since 2019, living expense estimates have grown by an average of 5,031(23.85,031(23.811,134 (49.1%) surge to 33,804.Onlytwoschoolssawdeclinesoversixyears:MITSloanandTexasMcCombs.MITactuallyslasheditsestimatebynearly1233,804.Onlytwoschoolssawdeclinesoversixyears:MITSloanandTexasMcCombs.MITactuallyslasheditsestimatebynearly1223,490—which makes you wonder: Is Boston really that affordable?
Not exactly. According to RentCafe.com, Boston’s average monthly rent is 3,999.Multiplythatbynine(fortheacademicyear),andyou’relookingatroughly3,999.Multiplythatbynine(fortheacademicyear),andyou’relookingatroughly36K. Similar math applies to Chicago (2,349/month),NewYork(2,349/month),NewYork(4,566), and Los Angeles ($2,719).
Married vs. Single: The Cost Gap
Marriage—and kids—come with a hefty price tag for MBA students. Take Stanford: Single students are estimated to spend 39,888onlivingexpenses,butthatjumpsto39,888onlivingexpenses,butthatjumpsto66,348 for married students. In other words, a married student’s total one-year cost at Stanford is 157,206—20157,206—20130,746 for a single student.
Harvard estimates food and housing costs at:
- $23,400 for singles
- $35,010 for married students
- $44,856 for married students with one child
- $45,990 for married students with two kids
It’s not just the M7 schools making these adjustments. Carnegie Mellon Tepper estimates:
- $14,250 for singles
- $16,982 for married students
- $20,742 for married with one child
- $24,266 for married with two kids
Doubling these nine-month estimates gives the total two-year MBA costs:
- Single: $223,572
- Married: $244,664
- Married + 1 kid: $264,170
- Married + 2 kids: $283,996
Living Expenses at Top U.S. B-Schools (2019–2024)
| 2024 P&Q Rank | School | 2024 Living Expenses | 2023 Living Expenses | 2022 Living Expenses | 2021 Living Expenses | 2020 Living Expenses | 2019 Living Expenses | 2-Year Change | 2-Year % | 6-Year Change | 6-Year % |
| 1 | Stanford GSB | $ 39,888 | $ 38,724 | $ 36,198 | $ 34,806 | $ 33,693 | $ 32,712 | $ 1,164 | 3.0% | $ 7,176 | 21.9% |
| 2 | Harvard Business School | $ 34,000 | $ 32,600 | $ 31,390 | $ 30,270 | $ 30,700 | $ 29,844 | $ 1,400 | 4.3% | $ 4,156 | 13.9% |
| 3 | Dartmouth (Tuck) | $ 32,603 | $ 31,620 | $ 30,215 | $ 31,215 | $ 29,413 | $ 22,742 | $ 983 | 3.1% | $ 9,861 | 43.3% |
| 4 | Columbia Business School | $ 27,396 | $ 24,822 | $ 24,822 | $ 24,822 | $ 24,822 | $ 21,375 | $ 2,574 | 10.4% | $ 6,021 | 28.2% |
| 5 | Yale SOM | $ 29,227 | $ 28,266 | $ 25,200 | $ 24,284 | $ 27,680 | $ 22,214 | $ 961 | 3.4% | $ 7,013 | 31.6% |
| 6 | Duke (Fuqua) | $ 24,048 | $ 23,202 | $ 20,304 | $ 19,256 | $ 18,990 | $ 18,702 | $ 846 | 3.6% | $ 5,346 | 28.6% |
| 7 | Cornell (Johnson) | $ 19,428 | $ 18,554 | $ 20,016 | $ 17,865 | $ 16,800 | $ 16,800 | $ 874 | 4.7% | $ 2,628 | 15.6% |
| 8 | Virginia (Darden) | $ 24,570 | $ 22,870 | $ 19,720 | $ 18,430 | $ 18,176 | $ 17,766 | $ 1,700 | 7.4% | $ 6,804 | 38.3% |
| 9 | Michigan (Ross) | $ 18,704 | $ 17,780 | $ 17,780 | $ 16,998 | $ 16,502 | $ 16,194 | $ 924 | 5.2% | $ 2,510 | 15.5% |
| 10 | New York (Stern) | $ 29,344 | $ 28,242 | $ 28,242 | $ 27,420 | $ 26,804 | $ 26,780 | $ 1,102 | 3.9% | $ 2,564 | 9.6% |
| 11 | Chicago (Booth) | $ 26,010 | $ 26,010 | $ 22,185 | $ 22,185 | $ 22,185 | $ 22,185 | None | None | $ 3,825 | 17.2% |
| 12 | Northwestern (Kellogg) | $ 21,150 | $ 19,800 | $ 19,800 | $ 17,100 | $ 17,100 | $ 17,100 | $ 1,350 | 6.8% | $ 4,050 | 23.7% |
| 13 | UCLA (Anderson) | $ 30,440 | $ 24,850 | $ 25,200 | $ 25,200 | $ 21,600 | $ 24,668 | $ 5,590 | 22.5% | $ 5,772 | 23.4% |
| 14 | MIT (Sloan) | $ 23,490 | $ 21,694 | $ 23,877 | $ 21,975 | $ 26,660 | $ 26,660 | $ 1,796 | 8.3% | $ (3,170) | -11.9% |
| 15 | UC-Berkeley (Haas) | $ 28,428 | $ 26,416 | $ 26,416 | $ 26,014 | $ 25,658 | $ 25,234 | $ 2,012 | 7.6% | $ 3,194 | 12.7% |
| 16 | Carnegie Mellon (Tepper) | $ 23,490 | $ 22,860 | $ 21,400 | $ 20,182 | $ 17,944 | $ 17,322 | $ 630 | 2.8% | $ 6,168 | 35.6% |
| 17 | Washington (Foster) | $ 29,668 | $ 29,668 | $ 21,248 | $ 21,248 | $ 21,248 | $ 21,248 | None | None | $ 8,420 | 39.6% |
| 18 | Rice (Jones) | $ 26,029 | $ 25,014 | $ 24,537 | $ 24,537 | $ 24,537 | $ 24,537 | $ 1,015 | 4.1% | $ 1,492 | 6.1% |
| 19 | Texas-Austin (McCombs) | $ 17,300 | $ 17,270 | $ 20,206 | $ 19,478 | $ 18,078 | $ 18,370 | $ 30 | 0.2% | $ (1,070) | -5.8% |
| 20 | North Carolina (Kenan-Flagler) | $ 20,716 | $ 19,268 | $ 19,268 | $ 18,760 | $ 18,618 | $ 17,800 | $1,448 | 7.5% | $ 2,916 | 16.4% |
| 21 | Vanderbilt (Owen) | $ 26,844 | $ 22,682 | $ 19,472 | $ 18,594 | N/A | N/A | $ 4,162 | 18.3% | N/A | N/A |
| 22 | Southern California (Marshall) | $ 29,140 | $ 30,410 | $ 26,980 | $ 24,256 | N/A | N/A | $ (1,270) | -4.2% | N/A | N/A |
| 23 | Emory (Goizueta) | $ 22,186 | $ 22,186 | $ 21,312 | $ 19,278 | $ 19,278 | $ 19,278 | None | None | $ 2,908 | 15.1% |
| 24 | Georgetown (McDonough) | $ 26,826 | $ 26,578 | $ 24,822 | $ 22,696 | $ 22,696 | $ 22,696 | $ 248 | 0.9% | $ 4,130 | 18.2% |
| 31 | Pennsylvania (Wharton) | $ 33,804 | $ 26,028 | $ 22,887 | $ 21,720 | $ 21,050 | $ 22,670 | $ 7,776 | 29.9% | $ 11,134 | 49.1% |
| 37 | Indiana (Kelley) | $ 16,172 | $ 15,446 | $ 15,456 | $ 14,904 | $ 13,906 | $ 13,432 | $ 726 | 4.7% | $ 2,740 | 20.4% |