First, there’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’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’re looking at a significant commitment.
If cost feels like a barrier, there’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’re aiming for top roles in business or tech and value the network you’ll gain, it could be a smart move!
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