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or may be mba school cost include the cost of scarificed two years salary while doing mba so .....

wat u say guys?

no way that harvard costs 345k!!

OK
everybody knows HBS doesnt charge you that much.

i know the tuition fees is much lower than the figure i mentioned.

But you should understand that there are things beyond just tuition + living and boarding expense.


Being MBA student you have to spend way too much which otherwise you wouldnt have spent.
you spend a lot of money for networking+
you dont sit idle since the day one. you try to grab your desired intern job & then your desired-post-mba-job. THis struggle costs money.
....
It pays to get paid.

you also have to throw parties frequently for ^socialising^/ ^networking^
You sometimes get a chance to visit abroad.

the total expenditure of HBS education goes around $165000. which ofcourse doesnt count the factors that i just discussed.
therefore ~~165000$ excluding above factors.

(I think, the other ^top^ b-schools-students also have these expenses but then they might be spending less.
HBS being top brand might have high-maintained-students
& hence the figure $345000)

Also BOSTON IS EXPENSIVE.

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hey aimwsc doess 165k includes tution +roomboardpersonal expenses only?i mean not the sacrificed salary?if so then avrage slary upon entering for harvard guys is around 75000 per anumn that makes 150 for two years and if we add bonuse that they wld have earned while on job that wld be atleats say 15% and intersets for one one yer wld be around 2.5-6% at leats so cost wld be around 315-345 ks
but all this only if 165 doesnt include that sacrificed 2 years pay cost
wat u say guys?

i never discussed about the money that a student would have earned while on job.

Keep chewing the gum Continues....

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I mean, it is irrespective of his past job.
I am concerned with the amount that a Harvard guy would spend during his MBA

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nobody wants to discuss this issue?
even after i posted my explanation?
at post no.#6.?

i have also asked the readers of my blog http://jc-gmat.blogspot.com/2006/12/world-mba-tour-at-mumbai.html
to confirm this news so soon i expect some answer from somebody who actually has done MBA
lets see.

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yeah you are right cooldude.

after investigating - asking to some of my trusted sources i can say that this figure is wrong.

you guys were right.

i ll reveal the source. though it s already there on my blog.
thanks.
discussion s still on.

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Hi,
I grew quite interested reading this post. I was looking for some discussion on a quantitative ROI model for a MBA. There is an interesting article today in Financial Times written by a current MBA student who mentions that some of his colleagues constructed a roi model in Excel and decided it wasn't worth it. He obviously ignored his colleagues, and he doesn't seem to regret it too much. Here is the article: http://www.ft.com/cms/s/38a17e4a-ad5a-11db-8709-0000779e2340,dwp_uuid=991cbd66-9258-11da-977b-0000779e2340.html

I suppose one can't quantify everything down to money!!