TUITION KEEPS CLIMBING
Across the Top 30 U.S. MBA programs, most schools raised tuition again for the 2026-2027 academic year, with several posting increases well above the typical 3% to 4% range. Harvard Business School raised tuition 7.7% from a year ago, to $84,760, while Washington University’s Olin Business School increased its sticker price 7.4%, to $75,460. Georgetown McDonough was up 7%, MIT Sloan 5.9%, and Rice Jones 5.7%.
At the same time, a few schools held tuition flat, including Wharton at $87,970, Texas McCombs at $61,214, and USC Marshall at $83,853. Even so, the longer-term trajectory is unmistakable. Columbia Business School, for example, charged $77,376 in 2021; its tuition is now $93,908. UCLA Anderson has climbed from $67,737 to $82,734 over the same period, while Stanford GSB has risen from $74,706 to $89,187.
MBA Tuition & Fees At The Top 30 U.S. Business Schools, 2021-2026 |
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P&Q 2026 Rank |
School |
2026 Tuition |
2025 Tuition |
2-Year Change |
% 2-Year Change |
2024 Tuition |
2023 Tuition |
2022 Tuition |
2021 Tuition |
| 1 | Northwestern (Kellogg) | $88,536 | 86,370 | $2,166 | 2.51% | $ 83,610 | $ 81,015 | $ 78,276 | $ 76,368 |
| 2 | Harvard Business School | $84,760 | 78,700 | $6,060 | 7.70% | $ 76,410 | $ 74,910 | $ 73,440 | $ 73,440 |
| 3 | Columbia Business School | $93,908 | 91,172 | $2,736 | 3.00% | $ 88,300 | $ 84,496 | $ 80,542 | $ 77,376 |
| 4 | Dartmouth (Tuck) | $87,536 | 84,250 | $3,286 | 3.90% | $ 80,620 | $ 77,520 | $ 77,520 | $ 77,520 |
| 5 | Virginia (Darden) | $88,000 | 84,598 | $3,402 | 4.02% | $ 81,700 | $ 78,600 | $ 75,200 | $ 72,600 |
| 6 | New York (Stern) | $92,658 | 89,254 | $3,404 | 3.81% | $ 84,180 | $ 82,326 | $ 82,326 | $ 78,700 |
| 7 | Cornell (Johnson) | $88,934 | 86,596 | $2,338 | 2.70% | $ 83,106 | $ 79,910 | $ 76,690 | $ 74,026 |
| 8 | Pennsylvania (Wharton) | $87,970 | 87,970 | $0 | 0.00% | $ 84,830 | $ 87,370 | $ 84,874 | $ 76,000 |
| 9 | Michigan (Ross) | $83,946 | 81,152 | $2,794 | 3.44% | $ 75,392 | $ 73,196 | $ 73,196 | $ 72,114 |
| 10 | UCLA (Anderson) | $82,734 | 79,452 | $3,282 | 4.13% | $ 78,268 | $ 74,618 | $ 71,071 | $ 67,737 |
| 11 | MIT (Sloan) | $91,892 | 86,800 | $5,092 | 5.87% | $ 86,550 | $ 84,200 | $ 80,400 | $ 78,954 |
| 12 | Chicago (Booth) | $89,976 | 87,354 | $2,622 | 3.00% | $ 84,198 | $ 80,961 | $ 77,841 | $ 74,919 |
| 13 | Texas-Austin (McCombs) | $61,214 | 61,214 | $0 | 0.00% | $ 59,684 | $ 58,270 | $ 58,270 | $ 58,270 |
| 14 | UC-Berkeley (Haas) | $92,755 | 89,033 | $3,722 | 4.18% | $ 82,059 | $ 76,433 | $ 76,187 | $ 71,817 |
| 15 | Duke (Fuqua) | $83,700 | 81,000 | $2,700 | 3.33% | $ 77,925 | $ 75,000 | $ 71,750 | $ 70,000 |
| 16 | Carnegie Mellon (Tepper) | $84,186 | 81,340 | $2,846 | 3.50% | $ 78,362 | $ 75,712 | $ 72,800 | $ 70,000 |
| 17 | Yale SOM | $90,900 | 87,800 | $3,100 | 3.53% | $ 84,900 | $ 82,700 | $ 79,000 | $ 74,500 |
| 18 | Vanderbilt (Owen) | $76,700 | 74,500 | $2,200 | 2.95% | $ 71,250 | $ 68,500 | $ 65,500 | $ 62,750 |
| 19 | Washington (Olin) | $75,460 | 70,250 | $5,210 | 7.42% | $ 68,200 | $ 64,250 | $ 64,250 | $ 64,250 |
| 20 | Georgia Institute of Technology (Scheller) | $44,956 | 43,646 | $1,310 | 3.00% | $ 42,790 | $ 40,752 | $ 40,752 | $ 40,752 |
| 21 | North Carolina (Kenan-Flagler) | $74,192 | 74,138 | $54 | 0.07% | $ 71,956 | $ 71,364 | $ 68,112 | $ 66,840 |
| 22 | Emory (Goizueta) | $79,200 | 76,900 | $2,300 | 2.99% | $ 74,000 | $ 71,900 | $ 70,200 | $ 70,741 |
| 23 | Washington (Foster) | $61,389 | 59,574 | $1,815 | 3.05% | $ 57,831 | $ 57,846 | $ 56,127 | $ 53,601 |
| 24 | Southern California (Marshall) | $83,853 | 83,853 | $0 | 0.00% | $ 79,893 | $ 72,501 | $ 69,036 | $ 53,806 |
| 25 | Georgetown (McDonough) | $75,016 | 70,108 | $4,908 | 7.00% | $ 67,184 | $ 64,600 | $ 62,370 | $ 60,894 |
| 26 | Stanford GSB | $89,187 | 85,755 | $3,432 | 4.00% | $ 82,455 | $ 79,860 | $ 76,950 | $ 74,706 |
| 27 | Rice (Jones) | $80,439 | 76,073 | $4,366 | 5.74% | $ 73,500 | $ 69,000 | $ 66,000 | $ 63,500 |
| 28 | Notre Dame (Mendoza) | $75,460 | 73,260 | $2,200 | 3.00% | $ 71,126 | $ 64,660 | $ 61,000 | $ 58,030 |
| 29 | Georgia (Terry) | $36,000 | NA | NA | NA | NA | NA | NA | NA |
| 30 | Rochester (Simon) | $60,000 | NA | NA | NA | NA | NA | NA | NA |
| Source: Business school websites and other publicly available information. | |||||||||
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