Tuition and Aid
Penn State Smeal Executive MBA tuition for the class that is entering in August of 2013 is $93,000.
This fee covers tuition, textbooks, basic supplies, specialized course software, as well as all meals and lodging for overnight stays associated with the two University Park residence weeks, the alternating weekends at the ACE Conference Center, and the Global Immersion experience.
The Smeal EMBA program does not provide students with laptop computers since we have found that many of our students prefer the ability to use their existing laptop (personal or work). Discounts offered through Penn State's technology store are available for all registered students.
Visa costs related to the Global immersion are covered but air travel and passport costs for the Global Immersion are not.
Among top Executive MBA programs nationwide, more than 60% of students cover some or all of the program costs on their own. Lack of or limited corporate financial support should not be a barrier to your enrollment in an Executive MBA program. Several student loan products are available to help cover the costs of the program.
All candidates are eligible for the federal Stafford Loan program which provides up to $20,500 in low-interest federal student loans per academic year. In addition, federal graduate PLUS loans can cover any remaining costs of the program. Low interest rates and flexible repayment timelines make these products an attractive option for those considering an Executive MBA. Click here to download a copy of our Cost and Loans document. To learn more about financial aid options, please contact the Executive MBA Program office at 1-866-999-EMBA.
Return on Investment
According to a study by the EMBA Council...
- It takes 17 months from the beginning of an EMBA program for an employer to get a return on their investment
- 43% of EMBA graduates indicated they received new job responsibilities as a result of their work in an EMBA program
- 80% of graduates said they added more value to their organizations while an EMBA student
According to GMAC…
Graduates of EMBA programs are likely to receive three or more promotions that result in increased responsibilities and increased pay
75% of EMBA students plan to make a job change internally or externally after graduation
EMBA graduates can expect to raise their earning power by 20% (on average) after graduation