Costs, return, sources: much to consider

Financing for EMBA

Like any important decision, pursuing an EMBA education requires thought to many considerations, including the question of funding.

And it’s a two-part question: What will it cost, and from where will the money come to pay the costs?

Generally, costs for EMBA Programs reflect the high level of quality that programs deliver. The range of costs will vary based on geography, program services, and many other factors. To learn more about tuition costs, visit Search and Compare, where you search by tuition or view the tuition of the programs that you select.

When looking to finance your education, there are a number of options: your organization, scholarship and fellowships, and loans, among others. And don’t forget to calculate potential tax savings.

For many EMBA students, it makes sense to start with your organization. As a general practice, most organizations lend support in one or more ways – by paying all or part of tuition, allowing time to attend classes, supporting projects and application of knowledge, and recognizing professional growth and leadership development.

Overall, considering the big picture is one of the most important financial steps. As students who do not receive full corporate support weigh the impact on their financial situations, they also need to project the ultimate return on their investment. Research shows that overall, EMBA students tend to earn back their investment, and they carry their skills, knowledge, and network with them throughout their careers.

ALUMNI VOICE

CRAIG SMITH
COO & Sr. Vice President
Marriott International Asia Pacific
Alumni Voice - Craig Smith

His EMBA education helped Craig Smith advance quickly in his career.

“I’ve moved quickly during the last five years,” says Smith, currently COO and senior executive vice president of Marriott International Asia Pacific based in Hong Kong. “And I think it’s because there are people who can do strategy and there are those who can execute, but not too many who can do both. What I got out of the program was the ability to do both.”

Senior leaders seem to recognize and appreciate this ability, he says. “I’ve been given more responsibility. First I moved into the senior vice president role, and now in my current job, I oversee 140 hotels.”

Smith values the investment that he made in the EMBA Program. “The program was worth every dollar and all the time I put into it,” he says. “It’s the best investment I’ve ever made in myself”


$81,791
Average Cost
Data from 2016 EMBAC Membership Program Survey

FMI: Financing your degree

GMAT

Provides an overview of financing your business school degree, information about types of financial aid, and considerations in debt management and financing preparation.

Federal student aid

Offers information about types of available federal financial aid, eligibility, application, and loan programs

FinAid

Includes information about loans, scholarships, savings, military aid, and other types of aid, and financial calculators

Edvisors

Shares information about private and federal student loans

DID YOU KNOW...

The greatest growth in Executive MBA Programs is taking place in non-North American locations.