No doubt they are very expensive, but when you look at things like average salary and salary growth after completing the programs, it can be easier to justify the cost. But the big question is what are you looking to get out of an MBA? Do you want to stay in the same area you're in now? Same type of work, but just in a more advanced position, or switching to something else? If an MBA is just a requirement you need to check a box to be eligible for a promotion in your federal position, and wage levels are fixed by position, than there might not be the same ROI for a top program you would get if you were in the private sector. So knowing why you want an MBA will go a long way to help narrow down your choices.
But in the meantime, another option to consider is some of the global EMBA programs. Some of these are structured in such a way that you're still getting face to face instruction for most of the class work, but those take place in a handful of international residencies in different countries. Duke has two programs that are very similar, but aimed at people at different stages of their career. University of Toronto is another, and it has the advantage of being pretty affordable. Both of these are pretty short programs also, with Duke's lasting 16 months and the UT one 18 I think. Just something to consider if you can have that kind of flexibility with your job.
No doubt they are very expensive, but when you look at things like average salary and salary growth after completing the programs, it can be easier to justify the cost. But the big question is what are you looking to get out of an MBA? Do you want to stay in the same area you're in now? Same type of work, but just in a more advanced position, or switching to something else? If an MBA is just a requirement you need to check a box to be eligible for a promotion in your federal position, and wage levels are fixed by position, than there might not be the same ROI for a top program you would get if you were in the private sector. So knowing why you want an MBA will go a long way to help narrow down your choices.
But in the meantime, another option to consider is some of the global EMBA programs. Some of these are structured in such a way that you're still getting face to face instruction for most of the class work, but those take place in a handful of international residencies in different countries. Duke has two programs that are very similar, but aimed at people at different stages of their career. University of Toronto is another, and it has the advantage of being pretty affordable. Both of these are pretty short programs also, with Duke's lasting 16 months and the UT one 18 I think. Just something to consider if you can have that kind of flexibility with your job.