Thursday, March 5, 2015

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) = $175,000
Total cost of MBA (tuition and forgone salary) = $140,000
Total 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.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home