Pitt MBA ranks as best return on investment
A Pitt M.B.A. offers the highest return on investment of any M.B.A. program in the United States, according to a new analysis of 109 full-time M.B.A. programs from around the world issued by The Economist.
According to the weekly news magazine, an M.B.A. education from the Katz Graduate School of Business yielded a 42 percent return on graduates’ investment one year after graduation.
In addition to being the top U.S. business school for return on investment, Katz yielded the 19th-highest return on investment in the world, joining institutions such as HEC Paris, Aston Business School in England, the University of Hong Kong and the Indian Institute of Management, Ahmedabad.
The findings, published in the May 10 issue of the magazine, measured the return on investment of degrees from business schools included in the publication’s 2013 global M.B.A. rankings, among them such institutions as Harvard, Penn and Stanford. Results were calculated by evaluating the programs according to three primary categories: salary forgone while students attended the program, tuition fees, and graduates’ post-M.B.A. salaries.
“For students planning on earning an M.B.A. degree in the United States, there’s no wiser investment than choosing to attend the University of Pittsburgh’s Joseph M. Katz Graduate School of Business,” said John T. Delaney, dean of the Katz School and the College of Business Administration. “At Katz, we are proud to offer our students an education that maximizes the value of their degree, and we accomplish this through our innovative approach to experience-based learning, which gets our students ready to make an immediate impact upon graduation at organizations of all types and sizes.”
There have been other recent recognitions of the value of a Pitt M.B.A. In the Financial Times’ 2014 global M.B.A. program rankings, Katz graduates had the highest average post-M.B.A. salary increase in the U.S. at 132 percent. The Economist, Financial Times and Forbes all recently ranked Katz in the top 25 of U.S. public institutions and top 50 of all U.S. institutions. And in U.S. News and World Report’s recent graduate school rankings, Katz has climbed more spots in the rankings than any other business school in the United States over the past three years.