FORBES CALCULATOR- EDUCATION VALUE- THE VALUE OF AN MBA PROGRAM
http://educationtopicsnow.blogspot.com/2015/03/forbes-calculator-education-value-value.html?m=1
Example 5 year MBA ROI:
Again, assuming no raises, we can determine a 5 year ROI of $35,000. This is determined by taking your post-MBA salary, subtracting your pre-MBA salary, and subtracting the total cost of the MBA (tuition and forgone salary).Salary (5 * $85,000 = $425,000) – (5 * $50,000= $250,000) = $175,000Total cost of MBA (tuition and forgone salary) = $140,000Total ROI = Salary – Total cost of MBA = ($175,000 – $140,000) = $35,000.For 10 years, we get $850,000 – $500,000 – $140,000 = $210,000.
This is only a rough way to determine your ROI because it does not take into account raises or promotions. For a more complete way to calculate ROI for an MBA program, check out Forbes online MBA calculator.
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