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|assuming a four year program. Virtually all full-time MBA programs are two-year programs. Here's an example of the math a prospective MBA student might consi
by FelixP 15y ago
|assuming a four year program.
Virtually all full-time MBA programs are two-year programs.
Here's an example of the math a prospective MBA student might consider:
Current cash comp (incl. bonuses) = ~$120k/year
Length of program = 2 years
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Total expected comp lost for next two years = ~$240k (figure $160k after taxes)
Tuition = ~$60k/year
Living expenses = ~20k/year
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Total two-year costs = $160k
Internship earnings est = $20k
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Total two-year net impact = ~$380k ($300k after taxes)
(Note that this doesn't factor in things like student loan interest)