Ryan Lytle

Attending business school in your home state can cut costs, but these schools charge the most

The decision to attend business school can be an expensive path. To curb costs, many students forgo attending private institutions or public schools outside of their home state in order to benefit from the discounts of in-state programs.

Students that are interested in going to some of the top public business schools in the country, though, may have to pay a little extra even as a state resident. The top 10 most expensive public business schools offered in-state students an average tuition and fees package of $34,698 for the 2010-11 school year, according to tuition and required fees data provided to U.S. News in a survey of business schools. By comparison, this list of schools charged out-of-state students an average of $37,809 annually.

Four of the 10 schools charged state residents more than $40,000 for the school year, including the University of Michigan Ross School of Business and the University of Virginia Darden Graduate School of Business , which each charged more than $45,000. That's the premium students must pay if they wish to attend a highly regarded program, as all 10 business schools are among the top 40 Best Business Schools rankings, and seven of the 10 are among the top 25.

Only schools that reported the yearly cost of tuition and fees were included in this analysis. Public schools that provided tuition and fees data to U.S. News based on per-credit hour costs or overall costs for the entire length of the program were excluded. Also, business schools that were designated by U.S. News as Unranked were not considered for this report.

Below is a table of the 10 most expensive public business schools for in-state students based on tuition and required fees (figures do not include room and board, books, and other miscellaneous costs):

 

University Tuition Rank
Source: U.S. News & World Report
University of Michigan - Ann Arbor (Ross)$45,18914
University of Virginia (Darden)$45,17313
University of California - Berkeley (Haas)$41,6807
University of California - Los Angeles (Anderson)$40,98314
University of California - Irvine (Merage)$33,32640
University of Minnesota - Twin Cities (Carlson)$31,92621
University of California - Davis$31,45328
Indiana University - Bloomington (Kelley)$26,18123
University of Washington (Foster)$25,68037
Ohio State University (Fisher)$25,39525

U.S. News surveyed more than 430 accredited master's programs for our 2010 survey of business schools. Schools self-reported a myriad of data regarding their academic programs and the makeup of their student body, among other areas, making U.S. News's data the most accurate and detailed collection of college facts and figures of its kind. While U.S. News uses much of this survey data to rank schools for our annual Best Business Schools rankings, the data can also be useful when examined on a smaller scale. U.S. News will now produce lists of data, separate from the overall rankings, meant to provide students and parents a means to find which schools excel, or have room to grow, in specific areas that are important to them. While the data comes from the schools themselves, these lists are not related to, and have no influence over, U.S. News's rankings of Best Colleges or Best Graduate Schools.

Available on Amazon.com:

The Best Business Schools' Admissions Secrets

 

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10 Most Expensive Public Business Schools for In-State Students