Bloomberg Business week posted an article on March 17th 2014 titled, Elite Business Schools Hike Tuition for the Class of 2016. This article draws a comparison between tuition costs for the class of 2015 for selected US MBA programs and the class of 2016. Tuition costs are increasing more and more every year, for this reason looking at other alternatives may be more cost effective. The following study provides and interpretation of tuition cots both local and foreign in the Asia-Pacific region. From this study we can see the comparison between tuition costs and starting salaries. We can also see other deciding factors such as admission requirements. Finally this study provides a recommendation for …show more content…
These MBA programs have an average of 8-9 students per faculty ratio and most programs have 5 students per faculty. The University of Adelaide has the highest student per faculty ratio at 19 to 1 while Hong Kong University of Science and Technology has the lowest student per faculty ratio of 2 to 1.
The Asia-Pacific business schools range in local tuition with the lowest tuition program at $1,000 to the highest at $33,060. The typical program will run about $12,375 year. Foreign tuition while more expensive in some areas does not differ greatly from the local tuition prices. The average cost for a foreign tuition is $16,582 while the highest tuition charge is $33,060 which is at International University of Japan in Niigata charges the same for Local and Foreign tuition in comparison to the rest of the programs. When evaluating the age and nationality of the enrollees