A Deferred MBA program’s cost varies widely depending on the school and the country. At top U.S. institutions, the total cost, including tuition and living expenses, can be around $200,000 to $250,000 for the two years of study. Tuition fees alone can range from $75,000 to $80,000 annually. Living expenses, which include accommodation, food, and other personal costs, might add another $30,000 to $40,000 per year.
When you enroll in a Deferred MBA program, you’re essentially securing a future MBA spot, and this also locks in the tuition fee structure at the time of your acceptance. Be aware, though, that if tuition increases during your deferment period, the total cost could rise. Application fees are usually between $200 to $300, and some schools require a deposit to secure your place in the program, which might be a few thousand dollars.
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