The Mays MBA Program has been ranked 14th in return on investment among regional business institutions, according to a recent poll released by Forbes magazine.

According to Mays MBA Program Director Dr. Dan Robertson, many rankings are narrow in scope and do not recognize value. “I delighted to see that the Forbes ranking focus on return on investment,” he says. “Since our program requires applicants to have a minimum of two years of full-time work experience, successful applicants are giving up income for two years in addition to the cost of graduate tuition and fees that they will pay. We encourage applicants to compare the value they receive from our program with the costs they will pay. Those who do so will find that the Mays MBA program provides one of the most attractive investments they will find available.”

To determine the monetary returns of an MBA degree, Forbes researchers sent out questionnaires to 20,000 MBA graduates from the class of 1996. The participants, who represented 104 U.S. and international schools, provided Forbes salary information for the year before they began their studies and for 1996 and 2000. Then Forbes compared the sum of five years’ pay with an estimation of the students’ median salary had they not received an MBA.

Mays MBA students who graduated in 1996 could expect to receive median salaries in 2000 of $81,000. This equals out to a five-year total gain of $53,000 more than they would have earned had they not sought an advanced business degree.

“In the Mays MBA Program we teach the importance of business organizations creating and sustaining value” Robertson says. “I am happy to point out that we practice what we teach.”