Costs, return, sources: much to consider
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.