Current Tuition and Fees
Johns Hopkins University's Carey Business School charges $2,200 per credit for its online MBA program. The curriculum requires 48 credits, bringing the base tuition to $105,600. Additional fees for technology, course materials, and student services typically add $2,500‑$3,000, so the total cost of attendance averages $108,000‑$109,000.
More from this site
Keep reading the latest coverage
Payment Structures and Options
Students can pay tuition per semester, per credit, or via an upfront lump‑sum discount offered to those who settle the full balance before the program begins. Many employers sponsor tuition through tuition‑reimbursement programs, often covering up to 50 % of costs. The school also provides a payment plan that spreads charges over the 20‑month program, reducing immediate cash flow pressure.
Financial Aid and Scholarships
While the online MBA is not eligible for federal student aid, the Carey Business School offers merit‑based scholarships ranging from $5,000 to $20,000 per student. Eligibility depends on GMAT/GRE scores, professional achievements, and leadership potential. Additionally, the university participates in the "Employer Tuition Assistance Program," which matches qualifying employee contributions dollar‑for‑dollar up to a set limit.
Comparison with Peer Programs
When benchmarked against other top‑ranked online MBAs, Johns Hopkins' tuition sits near the high end but is justified by its brand, faculty, and networking resources. The table below summarizes tuition for comparable programs:
| School | Tuition (Base) | Credit Cost | Typical Scholarships |
|---|---|---|---|
| Johns Hopkins (Carey) | $108,000 | $2,200 | $5k‑$20k |
| University of Michigan (Ross) | $99,000 | $2,060 | $10k‑$15k |
| Carnegie Mellon (Tepper) | $95,000 | $1,980 | $8k‑$12k |
| Northwestern (Kellogg) | $115,000 | $2,395 | $12k‑$25k |
Return on Investment Considerations
Graduates report median base salaries of $115,000–$130,000 within six months, with a 20 % increase over pre‑MBA earnings. The alumni network spans global healthcare, finance, and tech firms, often accelerating career transitions and promotions. When evaluating ROI, factor in the program's flexibility, which allows professionals to continue working and avoid opportunity‑cost losses.
Key Takeaways
- Base tuition: $105,600 (48 credits × $2,200)
- Typical total cost: $108,000‑$109,000 including fees
- Merit scholarships: $5,000‑$20,000 per student
- Employer reimbursement common; payment plans available
- Median post‑MBA salary: $115k‑$130k, supporting a strong ROI