Full-time MBA Cost and Return on Investment

Full-time MBA Cost and Return on Investment

A career investment that pays lifelong dividends.

Investing time, tuition, and a significant amount of dedication in an Eller MBA is a commitment we ensure is immensely rewarding. Our meticulously crafted programs are geared towards substantially enhancing your professional worth. 

With a program renowned for its solid reputation, concentration options aligning with real-world demands, and the opportunity for dual degree options to enrich your experience, you will be poised to stand out professionally.

 Tuition, Fees and Expenses

Not only is the Eller MBA program well ranked and on recruiters’ shortlist, it won’t break the bank. Many students receive financial aid. The low cost of living in Tucson is another helpful bonus. With all the numbers clicking neatly into place, you can focus fully on your studies and your future.

Tuition and fees are subject to change.

Full-Time MBA Estimated Resident Tuition and Expenses for one year

Tuition: $25,516
Course Materials: $1,200
Living Expenses: $12,800
Miscellaneous: $8,000
Approximate Total: $47,516

Full-Time MBA Estimated Non-resident Tuition and Expenses for one year

Tuition: $45,458
Course Materials: $1,200
Living Expenses: $12,800
Miscellaneous: $8,000
Approximate Total: $67,458

Return On Investment

To determine the return on investment of an MBA divide the average salary and signing bonus of recent graduates by the average student debt of those who have borrowed. Or you can take the word of experts, the US News & World report placed the Eller Full-Time MBA in the top 28 of MBA programs with the Highest Return for Grads in 2023. Eller’s salary-to-debt ratio was calculated at 2.5-to-1.

Average salary and signing bonus within three months of graduating (2022): $119,527

Average debt (2022): $47,406

Salary-to-debt ratio: 2.5 : 1


U.S. News - MBA ROI: 28 Programs With the Highest Return for Grads, 2023

Alumni Success

Our MBA graduates are well-equipped to take on leadership roles in the business world, thanks to a program that thoroughly prepares them academically and professionally. Supported by a committed career management team, they excel in securing valuable internships and stand out in the corporate recruiting process. The results speak for themselves: 78 percent of our students secure employment within 90 days of graduation, either in prominent positions within national corporations or as leaders of their own entrepreneurial ventures.

View MBA Alumni Profiles 

Scholarships and Financial Aid


We are committed to supporting the success of our MBA students, which is why we offer numerous merit-based scholarships for both U.S. and international students. Scholarship awards are granted at the time of admission, and over 90 percent of our students receive merit-based scholarships.

In support of Returned Peace Corps Volunteers (RPCVs), the University of Arizona participates in the Peace Corps Coverdell Fellowship program. You can learn more here. This fellowship can be combined with additional merit awards.

Financial Aid

There are numerous external aid sources you can apply for. Loan programs available to MBA students include:

  • Federally sponsored (Stafford) loans–for U.S. citizens only
  • Alternative private loans–for U.S. and international students
  • Graduate PLUS Loans
  • MBA LOANS program (sponsored by Sallie Mae and the Graduate Management Admissions Council)

Contact the University of Arizona Office of Student Financial Aid for more information: