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My MBA Career: Updated Ranking Reveals New Number 1 MBA ROI

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Last Updated on December 2, 2023 by Robert C. Hoopes

In a recent development, Georgia Tech Scheller College of Business has released a brand new ranking of MBA programs in the United States based on return on investment (ROI). This ranking aims to provide prospective MBA applicants with key insights into the financial value of various programs.

The calculation used to determine the ranking involves comparing the median starting salary with the total out-of-state tuition and fees for a two-year residential MBA study. This MBA-salary-to-tuition ratio offers a clear picture of the financial benefits associated with each program.

However, an interesting turn of events occurred during the ranking process. Due to a data inputting error, the University of Texas at Dallas’ Jindal School of Management was initially placed at the bottom of the list. Fortunately, the error was quickly rectified, and the Jindal School of Management swiftly rose to claim the top spot on the ROI list.

Surprisingly, some top-tier schools did not fare as well on the ROI ranking. Notable institutions like the Chicago Booth School of Business, Northwestern Kellogg School of Management, and the Wharton School at the University of Pennsylvania were not ranked as highly as anticipated. This suggests that these elite schools may not offer the same financial value as other programs.

However, it’s important to note that the ROI ranking only takes into account the salary-to-tuition ratio and does not consider other significant factors. These factors include scholarships, in-state residency benefits, and individual career goals. Therefore, while the ranking is a useful tool for comparing the financial value of programs, it should not be the sole determining factor for prospective MBA applicants.

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Another important point to consider is that a favorable salary-to-tuition ratio does not necessarily equate to higher lifetime earnings. Some schools that may appear advantageous in terms of this ratio may not actually lead to higher long-term financial success compared to top-tier schools.

In conclusion, the new ROI ranking developed by Georgia Tech Scheller College of Business serves as a valuable resource for MBA applicants seeking financial insights. However, it is crucial to supplement this information with other considerations such as scholarships, residency benefits, and individual career goals. Making an informed decision about an MBA program requires a comprehensive analysis rather than solely relying on the ranking’s results.

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Dina J. Miller is an accomplished writer and editor with a passion for business and education. With over a decade of experience in the industry, she has established herself as a leading voice in the MBA community. Her work can be found in a variety of MBA magazines and college publications, where she provides insightful commentary on current trends and issues in the field. Dina's expertise in business and education stems from her extensive academic background. She holds a Master's degree in Business Administration from a top-tier business school, where she excelled in her studies and developed a deep understanding of the complexities of the business world. Her academic achievements have been recognized with numerous awards and honors, including induction into several prestigious academic societies.

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