Tuition
The Professional MBA program has a fixed tuition rate for both residents and non-residents. Our program costs 36% less than the average price of other top 20 part-time MBA programs ranked by U.S. News. Tuition for the entire 2-year program is $69,600 ($1450 per credit hour).
Our fixed tuition rate includes all tuition and fees, Career Advancement Center, student and alumni networking events, access to our state-of-the-art business building on the University of Utah campus with a student lounge and breakout study rooms, printing, and library databases.
Students who complete the program within 24 months and maintain the prescribed number of credit hours per semester are locked into their tuition rate. Tuition may vary for those who take fewer than the prescribed number of credit hours. Tuition is paid on a semester-by-semester basis, depending upon the number of credit hours taken.
FREE
Calculate Your Potential ROI
Did you know that students receive an average salary increase of 34% by graduation?
Every student’s MBA outcomes are different, but we created an ROI calculator based on factors like current salary and financing to give you an idea of what financial benefits you might expect from our MBA.
Scholarships
Admissions Scholarships
Admissions scholarships are available to newly admitted Professional MBA students who have not started the program. Scholarship applications must be submitted by the final application deadline of the respective intakes. Students admitted before the priority scholarship deadline will receive priority consideration for scholarships. Scholarship funding is limited and scholarships are awarded on a first-come, first-serve basis.
Note:
- Students can only receive one admissions scholarship.
- Scholarship decisions may factor in elements of your application, including: interviews, essays, work experience, GPA, and GMAT/GRE scores.
- Many scholarships are disbursed over several semesters; Students on academic probation will no longer be eligible for scholarships.
- Scholarships are only available to students taking a full credit load (48 credits) over the course of the program.
- University of Utah employees utilizing the reduced tuition benefit are ineligible for admissions scholarships.
This scholarship is for MBA candidates who have demonstrated exceptional leadership in the public sector or within non-profit organizations and have positively impacted their community.
How to Apply:
To apply for this scholarship, please write a 300-500 word essay using the prompt below. The essay should address the prompt and highlight attributes that you feel set you apart from other candidates. Scholarship applications should be submitted through this form.
Essay prompt:
Please outline your involvement and contributions in the public sector, non-profit organizations, or in the community. Please summarize all acts of services or community you have been engaged in recently.
Strong essays will address how these experiences:
- Impacted or promoted a cause
- Benefitted the cause or community
- Shaped your world view
- Lend a diverse perspective to classroom discussions
This scholarship will be automatically awarded to newly admitted Professional MBA students who submit a strong GMAT or GRE score within the tiers outlined below:
| GMAT | GRE | Amount |
|---|---|---|
| 600+ | 310 – 321 | $3,000 |
| 660+ | 321+ | $5000 |
Scholarships will be disbursed throughout six semesters. These scholarships are only available for fall 2024 enrollment. An official GMAT or GRE score (taken within the last five years) must be submitted to qualify.
Note: Scholarship amounts may be adjusted for applicants who plan to complete less than 48 credits within the MBA program.
How to Apply:
Candidates who submit GMAT or GRE scores (taken within the last five years) as part of their application are automatically considered; no separate application is required.
Additional Scholarships
The following scholarship opportunities are not offered directly by our program, but they may be an excellent option to fund your education.
Those hoping to participate in the Lassonde Entrepreneur Institute while enrolled in the program may be eligible for additional scholarships. For example, Professional MBA students can receive elective academic credit and a scholarship for participation in the New Venture Development Center. Visit Lassonde Entrepreneur Institute for more details.
The University of Utah may offer additional scholarships or financial aid. Research your options here.
Third-party scholarships may also be available. Be cautious when using third-party searches and always check each provider’s reputation by contacting the Better Business Bureau or the Office of the State Attorney General. Here are some other resources to consider:
FREE
Your Guide to Financing an MBA
Financing an MBA may be more approachable than you think. Download our free guide to learn about options you may have for financing your MBA. The guide covers potential funding sources as well as other elements that can affect your return on investment. It will provide you with the tools you need to evaluate your own situation and calculate your personal return on investment.
Financial Aid
Student Loans
There are many student loan programs available to help finance graduate education, including:
Each loan has different specifications. To determine your eligibility and find the loan that best suits your needs, contact the University of Utah Financial Aid department at 801-581-6211 or via email at FinancialAid@SA.Utah.edu.
To begin applying for federal assistance complete the Free Application for Federal Student Aid (FAFSA).
Military Funding
The Professional MBA program fully supports its veterans and active military students. We are determined to ensure the success of student veterans and offer many resources to determine what funding is available for your service.
The University of Utah’s Veteran Support Center specializes in veteran affairs and acts as a resource for helping you understand and enroll in your qualified tuition benefits. For additional information, contact the center at 801-587-7722 or VetCenter@SA.Utah.edu.
Employer Support
An MBA from the University of Utah is an investment with tangible returns for both the students earning the degree and the employers supporting them. Individuals gain the skills they need to lead while supporting organizations see an immediate impact as their employees apply cutting-edge research and draw on the expertise of faculty and professionals from a variety of industries. The supporting organizations/employers see the immediate practical impact by applying cutting-edge research and input from world-class business faculty and an experienced cross-sector cohort of professionals.
Whether you are a prospective MBA student or an employer seeking professional development for your team, the guides below will walk you through the commitments and resulting benefits of the program:
If you are a University of Utah employee, please contact our office to discuss tuition at PMBA@Utah.edu or 801-581-6836.
Application Fee Waiver
We understand that the application fee can be a barrier to entry for some students so we are offering an application fee waiver for a limited time.
