Often the only way to justify spending tens of thousands of dollars on business school is the promise of a high starting salary post graduation.
We took a look at our list of the 50 best business schools in the world and re-evaluated them on a ratio of starting salary to tuition to determine which schools give you the best bang for your buck. The higher the starting salary and lower the tuition and fees, the better the school fared on this ranking.
Because our ranking is globally focused, we only considered out-of-state tuition, ignoring the discount those who live close to the school may receive. Residency discounts would naturally make some schools an even better bargain for students eligible to take advantage of them.
Brigham Young University's Marriott School of Management came in No. 1 on our list, with grads going on to earn average starting salaries of $102,800, more than twice the $47,900 cost of tuition. Coming in at No. 2 is Nanyang Business School (Singapore), where the cost of tuition ($39,100) is only half of what grads, on average, will make at their first jobs ($80,300).
1. Brigham Young University — Marriott School of Management
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| part of the BYU campus |
Average starting salary: $102,800
Program tuition and fees: $47,900
Named for the family that founded the world-famous chain of hotels, the Marriott School of Management aims to train students for business-leadership roles. The Mormon-affiliated school has five concentrations — entrepreneurship, finance, global supply chain, marketing, and organizational behavior/human-resource management — and at less than $50,000 for the entire program, it's among the most affordable MBA degrees available.
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