Highest MBA School Ranking, 20-40% Tuition Waiver
MBA schools in this group rate high for the quality of their MBA programs. In fact, all are in the Top 7. However, these MBA programs committed less funding relative to other schools to help veterans offset high costs of tuition. There are quality-price tradeoffs to attend these schools, but higher tuitions could be offset with better reputations, future careers and higher compensation. The challenge for this group of MBA schools continues to be stepping up their financial commitments, which are subsequently matched by the VA, to make their programs even more valuable for veterans and their families.
Lower MBA School Ranking, 25-70% Tuition Waiver
Even though none of these universities rate in the Top 7 academically, there are many outstanding programs from well-regarding MBA schools in this cluster. Several in this category compete on a tuition basis with Group I and the majority are Top 20 in terms of quality. You should evaluate any meaningful tradeoffs, include factors such as location and consider your situation in deciding to attend these MBA schools.
In order to perform this analysis we sorted through data supplied to the Dept. of Veterans Affairs (VA) from thousands of participating institutions of higher learning. Out of this nationwide group we located MBA schools committed to tuition waivers, which are matched 100% by VA as part of the Yellow Ribbon Program. Of these institutions, we found 21 MBA Schools that offered tuition waivers and were ranked in the top 40 by US News & World Report. These rankings were plotted on the horizontal axis. We then divided the total tuition by the total of the amount waived by the universities (plus the VA matching funds) to arrive at the percentage of tuition paid. These percentages of tuition waived were plotted on the vertical axis of our analysis. Together, using percentages of tuition waived and quality rankings, we located three groups of MBA schools that make up our Best Value MBA Programs for Veterans Using Post-9/11 GI Bill.
The Owen Graduate School of Management, Vanderbilt University, in Tennessee’s Nashville, known as the US healthcare industry’s capital city, offers a “Healthcare MBA” that focuses on hands-on training—such as watching a surgery at close quarters and designing a solution for a local healthcare unit. Vanderbilt’s joint MD/MBA program seeks to develop quality physician-managers. Students spend their first three years at the Vanderbilt University School of Medicine and the next two years at Owen, thus completing the joint degree in five years, one year’s saving compared with the time taken to complete the two degrees separately. The annual, full-time cost of attendance is nearly $80,000.
Turn your ambition into achievement with a full-time MBA from the triple-accredited Copenhagen Business School. Widely acknowledged as one of the world’s finest MBA programmes, you’ll be challenged from day one and given all the support, inspiration and training you need to make the most of your talent and potential. Committed to educating responsible leaders, the Copenhagen MBA is ranked #27 International Full-time MBA by Bloomberg Business Week and #4 Global Green MBA by Corporate Knights in 2016. Furthermore, the Copenhagen MBA was awarded place #34 in the Financial Times European Business School Ranking 2016 and placed #95 in Economist Ranking.