Financing your Executive MBA

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FINANCING YOUR EXECUTIVE MBA

Tips for getting the best ROI

THE VALUE OF AN EXECUTIVE MBA

Understanding the potential value of an Executive MBA is key to understanding your ROI and your financing goals. An Executive MBA can provide you immense returns during and after your program. Consider the value of the coursework, networking opportunities, and your potential career outcomes. It’s not hard to see why an Executive MBA is considered an investment and there has never been a better time to invest in yourself.

Real-time & innovative education: Apply what you learn in class to advance in current and future careers.

The power of network: Network with Utah’s industry leaders and learn from their experiences.

Return on education: Our students see a 25 – 30% average salary increase by graduation.

WHY PURSUE AN MBA NOW?

Today’s economy breeds more specialized workers than ever before; in a sea of specialists, how do you set yourself apart? The answer lies in business acumen and strong leadership skills. An Executive MBA allows you to differentiate yourself among a group of highly skilled subject matter experts. Here are the top reasons to pursue an Executive MBA now:

• Prepare for future disruptions by improving knowledge

• Learn curriculum that aligns with real-world events

• Gain strategic innovation and creativity

• Recognize & take advantage of green shoots in economic recovery

TUITION & FEES & YOUR RETURN ON EDUCATION

Utah’s Executive MBA program has a fixed tuition rate for both residents and nonresidents. This fixed tuition rate includes all tuition and fees, access to the Career Advancement Center, all student and alumni networking events, and access to our state-of-the-art business building on the University of Utah campus with a student lounge and breakout study rooms, printing, and library databases.

• Networking events

• Three off-site intensive weeks

• Guest Lecture Series

• Catered meals & snacks

• A+ high-touch support

• Books & materials included

*Figures are representative of past averages and will vary depending on individual salary, industry, career path, financing choices, and goals

*Figures are representative of past averages and will vary depending on individual salary, industry, career path, financing choices, and goals

Program tuition: Salary increase at graduation (%): Incoming salary: Salary increase at graduation ($): Payback period: $96,000 total 25% $115,000 $27,500 3.5 years* ($96,000 cost/$27,000 salary increase) Example scenario Total tuition (as of fall 2022): $94,000 Average cost of top-20 executive MBA: $135,000
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free ROI calculator: MBA ROI Calculator Tuition includes: Tuition costs:
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WAYS TO FINANCE YOUR MBA

PERSONAL SAVINGS

LOANS: STAFFORD, GRADUATE PLUS, PRIVATE

Common

ways to finance your Executive MBA

EMPLOYER

REIMBURSEMENT OR SPONSORSHIPS

Employer Tuition Support

The best way to get employer tuition support is to meet with your HR representative or boss to find out if your company has a tuition benefit plan or tuition deferral option. Before meeting, make sure you prepare the following benefits of an Executive MBA to your employer:

• Tackle company problems in the MBA classroom

• Gain a better employee & better leader

• Reap the benefits of business knowledge transfer

• Access an invaluable network

• Succeed at succession planning

Many of our students are able to get employer support for their MBA. Nearly 20% of our students have their degree fully funded by their employer. And 42% receive partial tuition support.

Need more resources for gaining employer support? Download our Gaining Employer Support for your Executive MBA guide.

SCHOLARSHIPS
MILITARY BENEFITS TAX BENEFITS
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Federal Financial Aid

There are many student loan programs available to help finance graduate education. Contact the University of Utah Financial Aid department at 801-581-6211 or via email at FinancialAid@SA.Utah.edu to see what loan would be the best fit for you. Please complete your FASFA each school year at FAFSA.gov.

Scholarships

Admissions scholarships are available to newly admitted students who apply before the scholarship deadline of their respective program. All scholarship awards consider both merit and need.

Scholarship types

• Merit Scholarship

• Community Impact

• Out-of-State-Admit

Military Funding

Funding is available to students who have previously served in the military. Additionally, years of military service equate to years of experience. Our students are supported by the Veterans Support Center

The time to earn your Executive MBA is now.

To get the rest of your questions answered, send us an email, give us a call, or schedule a one-on-one meeting

Student files FAFSA School completes financial aid review & sends notification Student completes federal requirements to accept loans Loans disburse on student account School is notified
EMBA@Utah.edu (801) 581-5577

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