10 interesting facts about MBA

After research this site has tried to list 10 interesting facts about MBA. Though they are many more facts but we have limited the number to only 10 interesting facts.

10 interesting facts about MBA

1. MBA course is 65 to 82% practical depending upon the specialization and rest is theory.
2. Costliest MBA program is Harvard Business School's reported to be $78,200 for 2 years.
3. Every year B-School's worldwide increases their tuition fees by 4 to 7 %.
4. Costliest faculty members of top B-School's worldwide teach very less, as 90% of their time is spent on researches.
5. ROI from MBA degree is good as B-school provides skills which pay off handsomely in long-term career. MBA salary heavily depends on B-school's reputation.
6. IIM Bangalore's one year full time Executive Post Graduate Programme in Management (EPGP) is costliest Management programme in India.
7. NMAT 2010 will be the costliest MBA entrance test in India. The cost of application is Rs 1,650 for the test and an additional Rs 1,000 for the group discussion and interview.
8. It is difficult for International students doing MBA in foreign universities to cover tuition costs after completing their studies.
9. Oldest MBA program started in 1900 by Tuck School of Business in the United States.
10. London Business School is best B-School of the world according to FT.com rankings. According to businessweek.com, London Business School ranks 5th and Top is Queen's School of Business.