Is an MBA at Stanford University Worth It?

Question

Prateeksha Manral · Accepted Answer

First, there&rsquo;s no doubt that a Stanford MBA opens doors. Stanford Graduate School of Business (GSB) is known worldwide, and its graduates often land high-paying roles. For example, the average starting salary for recent MBA grads is around $190,000! That kind of earning potential can make the investment feel more manageable in the long run.
However, $200k is a lot of money, and it doesn&rsquo;t stop at tuition. For the 2023-2024 year, tuition alone is about $80,000 per year, and once you add living expenses, books, and other fees, the total can reach around $120,000 annually. So, you&rsquo;re looking at a significant commitment.
If cost feels like a barrier, there&rsquo;s good news: Stanford offers financial aid through fellowships based on need. Many students receive around $47,000 per year, which can definitely help with expenses.
So, is Stanford MBA worth it? For many, the career connections, potential salary boost, and reputation make it a worthwhile choice. But it ultimately comes down to your personal and financial goals. If you&rsquo;re aiming for top roles in business or tech and value the network you&rsquo;ll gain, it could be a smart move!
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