FIND OUT HOW LONG IT WILL TAKE TO REPAY YOUR MBA AND HOW YOU CAN FIT IT IN YOUR LIFE
In many cases, getting an MBA is definitely worth it. Is it worth it for your situation? Only you can answer this. A decision as big as this requires more than just an examination of rupees and cents. How badly do you want an MBA? Is an MBA necessary for your chosen career path? Can you afford to balance your work and studies at the same time? Sometimes the raw numbers don’t give you the best answer for you. After all, the best investment you can ever make is in yourself. ROI is one of the most important factors to consider when deciding on your desired MBA program
To determine your ROI, you need to examine a few things:
- Opportunity cost: This is the forgone salary while you attend your MBA program.
- Post MBA salary: Of course, this is an unknown for you, but thankfully Oxford College of Business keep track of this information for past students. You may be able to make a reasonable estimate.
The information used for this calculator was gathered based on our graduate data, you can now see what the MBA offered at Oxford College of Business might mean for your income with our MBA ROI Calculator. Remember, before you make any financial decisions, you should get information and advice from qualified professionals regarding your personal circumstances and financial affairs.
Our MBA ROI Calculator does not take into consideration programme fees and repayment periods, as they can vary.
This tool has been prepared by the Oxford College of Business (Pvt) Ltd.
CAUTION: This tool should not be trusted on to decide on when to commence your study and is not envisioned to be trusted on for the purposes of making any monetary decisions. It should not be trusted upon as a true depiction of any definite benefits or salary surges post MBA. You need to take into consideration your own personal objectives, monetary situation and needs as this tool only provides theoretical calculations and is to be used for descriptive purposes only.
CAUTION: We cannot and do not guarantee the applicability or precision of this calculator and acclaim that you ponder obtaining personalised financial advice from qualified professionals.
This tool is current as at 1 October 2017 and is subject to change from time to time.
HOW THIS CALCULATOR WORKS:
This MBA ROI Calculator is envisioned as an educational tool. It uses the following norms and methodology to provide you with an indication about how much of a salary increase you may get post MBA. All examples shown in this tool are descriptive and do not represent an approximation or guarantee. Your actual returns on investment may be very different to any of the outputs generated by this calculator.
MBA salary increases:
This tool uses self-reported data disclosed by MBA graduates from Oxford College of Business over the past 7 years in the latest Alumni Survey, conducted in May 2017. This calculator assumes that you will achieve an equal salary increase over 8 years to the self-reported average in the 2017 Alumni survey.
It is important to note that the survey data was only used for calculations in the first 7 years. For years 8 and beyond salary growth is set at 6.5 % pa. This is based on a default National Consumer Price Index (NCPI) assumption that salaries will rise at a rate of 6.5 % pa.
See below for further information regarding the % growth rates used to calculate YoY post MBA salary increases.
|Year 1||Year 2||Year 3||Year 4||Year 5||Year 6||Year 7||Year 8|
No individual assumptions:
The MBA ROI Calculator does not consider any individual circumstances, financial situation or any other unpredictable events that may alter your salary earnings.
No tax or retirement deductions:
All amounts are shown without any tax or superannuation adjustments or deductions.
Don’t make any decisions based on this calculator. Before you make any decisions, you should get further information and advice from qualified professionals regarding your personal circumstances and financial affairs.