It is not news that getting an MBA is a costly affair but paying $172,200 for a 24-month executive MBA? Isn’t that a bit much? Well, Wharton’s West Coast campus in downtown San Francisco doesn’t think so. The class will have just 50 students. The second most expensive is also Wharton at $162,300 for its Executive MBA program on the East Coast. In total, Wharton’s Executive MBA business now brings in more than $35 million in annual revenues thanks to more than 400 students. Even Harvard can’t match these figures. When Michael Desiderio, executive director of the Executive MBA Council, the trade group representing EMBA programs, was asked about this, he said: ‘It’s like anything else, whether you’re talking about buying Pepsi or Sam’s brand of cola.” That does not make too much sense.
[Poets And Quants]