Students who decide to attend business school in their home states are likely to save thousands of dollars in tuition. For those who venture beyond state borders, they may find discounts at business school programs to be few and far between.
The average cost for tuition and required fees for out-of-state students at the 10 most expensive public business schools was $43,488 for the 2010-11 school year, according to tuition and fee data provided to U.S. News in a 2010 survey of business schools. In comparison, the average tuition and fees at the 10 most expensive business programs for in-state students was $34,698 annually.
Overall, six schools, including the University of Michigan Ross School of Business, the University of Virginia Darden Graduate School of Business Administration, and the University of Minnesota Carlson School of Management appear on both lists. That's the premium students must pay to attend a highly reputable program, as six of 10 business schools are among the top 25 Best Business Schools rankings, and nine of the 10 are among the top 100.
[See the 10 least expensive business schools for out-of-state students.]
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 out-of-state students based on tuition and required fees (figures do not include room and board, books, and other miscellaneous costs):
| Business school | Out-of-state tuition & fees (2010-11) | U.S. News b-school rank |
|---|---|---|
| University of Michigan—Ann Arbor (Ross) | $50,189 | 14 |
| University of Virginia (Darden) | $49,500 | 13 |
| University of North Carolina—Chapel Hill (Kenan-Flagler) | $46,961 | 19 |
| Indiana University— Bloomington (Kelley) | $45,163 | 23 |
| University of Minnesota—Twin Cities (Carlson) | $44,174 | 21 |
| University of California—Riverside (Anderson) | $41,381 | RNP* |
| Ohio State University (Fisher) | $41,325 | 25 |
| Purdue University—West Lafayette (Krannert) | $39,709 | 49 |
| Rutgers, the State University of New Jersey—New Brunswick and Newark | $38,481 | 57 |
| University of Washington (Foster) | $37,998 | 37 |
*RNP denotes an institution that is ranked in the bottom one fourth of its ranking category. U.S. News calculates a rank for the school but has decided not to publish it.
Don't see your school in the top 10? Access the U.S. News Business School Compass to find tuition data, salary information, and much more.
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.
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