Full-Time MBA
Tuition & Funding
There are many options available to students to help fund an MBA education, ranging from scholarships to part-time jobs, fellowships, and federal and personal loans.
Funding
Available funding is a key factor to consider when choosing your MBA program. Compared with other top 30 programs, Fisher has ensured that it offers a very competitive package. The consistently strong job offerings our graduates secure are a favorable return on the investment in earning a Fisher MBA degree. For many years running, more than 90 percent of Fisher MBA graduates have secured jobs within three months after graduation.
Merit-Based Aid / Scholarships
On average, 75% of our full-time MBA students receive some form of merit-based funding, consisting of scholarships, graduate assistantships, and/or fellowships. Every admitted student is automatically reviewed for funding consideration. Candidates who submit applications early are given priority consideration for awards.
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Fisher Scholarships
Fisher Scholarships: All Full-Time MBA applicants are considered for merit-based awards, ranging in value from $1,500 to the full cost of tuition. While some of these scholarships may require particular qualifications, such as prior academic performance or work experience, several scholarships are free of stipulations. These awards will be assigned based on a candidate’s potential to contribute to the classroom experience.
Just a few scholarship opportunities at Fisher:
- Exclusive academic awards and professional development grants
- Diversity scholarships (ROMBA, Prospanica, NBMBAA, Forté Fellow)
- Up to $50,000 National Black MBA Association (NBMBAA) Scholarship (HBCU, NBMBAA Member-at-large, OSU Alumni Scholarship, Military)
- International scholarships (Africa, South America, Europe, etc.)
- Active military and veteran scholarships
- Dean's scholarships for Fisher/Ohio State alumnus/a
- Geographic / Buckeye Border State scholarships
- and many more!
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Cost of Living Scholarships
Cost of Living Scholarships: A limited number of incoming MBA candidates may be eligible to receive a cost of living scholarship to assist with the non-academic expenses you will incur as students in the MBA program. This scholarship counts as a financial resource but does not get applied towards tuition - it is paid directly to the student once tuition has been paid.
Fisher Graduate Assistantships
Each year Fisher awards 10-20 new graduate assistantships to the incoming MBA class. Graduate Assistants are selected for placement based upon their skills and interests, and how those align with program needs. The MBA Admissions Committee will use your application and interview to determine whether you will be awarded a GA position. They typically involve a 10-hour per week work schedule, which translates into a 50 percent tuition waiver as well as a monthly stipend during the academic school year.
Ohio State Fellowships
Fisher College of Business nominates its strongest MBA candidates for The Ohio State University’s fellowship programs. These fellowships provide a full waiver of tuition and general fees, plus a monthly stipend (for one year). The application deadlines for fellowship nominations are much earlier than all other application deadlines. Apply early if you wish to be considered for nomination.
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Fisher Fellows
Fisher Fellows: A select number of highly qualified candidates will be identified as Fisher Fellows. Fellows are typically awarded a 50 percent tuition waiver and a monthly stipend during the academic school year, although extraordinary candidates may qualify for 100 percent tuition. Fellows are among the most competitive awards given to incoming MBA students and are therefore chosen carefully on the basis of outstanding academic, professional, and personal achievement, as well as potential for success in the MBA program.
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University Fellowships
University Fellowships: Students who have a minimum cumulative undergraduate grade point average of 3.6 (on a 4.0 scale) and score in the 75th percentile on the GMAT or GRE may be considered for nomination to the University Fellowship competition. Watch our University Fellowship webinar to learn more >
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Graduate Enrichment Fellowships
Graduate Enrichment Fellowships: U.S. citizens who can add to the diversity of the Graduate School (including, but not limited to ethnic background, social or economic disadvantage or disability), have a minimum cumulative undergraduate grade point average of 3.2 (on a 4.0 scale) and score in the 40th percentile on the GMAT or GRE may be considered for nomination to the Graduate Enrichment Fellowship competition. Watch our Graduate Enrichment Fellowship webinar to learn more >
Tuition Information
The total cost of enrollment in the Fisher full-time MBA program is determined by the student's residency status. The approximate tuition and fees listed below are based on the 2022-2023 academic year (one year) and are subject to change each year. The full-time MBA is a two-year program. Fisher's Graduate Programs Office encourages you to view the University Registrar's complete tuition and fee schedule.
One Academic Year | |
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Ohio Resident Tuition and Fees* | $31,256 |
Non-Resident and International Student Tuition and Fees* | $58,986 |
*Includes the following: General Tuition & Instruction, Student Activity Fee, Student Union Fee, Recreation Fee, Learning-Technology Fee, COTA Bus Fee.
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Detailed Tuition Breakdown (One Academic Year)
Full-Time MBA Breakdown Charge Hrs Semester Total per Semester Total per Academic Year (AU23 & SP24) Instructional Fee $1,859.50 8* $14,876.00 $29,752.00 General Fee $29.88 8* $239.04 $478.08 Union Fee $9.30 8* $74.40 $148.80 Technology Fee $261.00 1 $261.00 $522.00 Activity Fee $37.50 1 $37.50 $75.00 Recreation Fee $126.50 1 $126.50 $253.00 COTA Fee $13.50 1 $13.50 $27.00 Total (Resident) $15,627.94 $31,255.88 (resident) Non-Resident Charge $1,733.13 8* $13,865.04 $27,730.08 Total (Non-Resident) $29,492.98 $58,985.96 (non-resident) *Per credit hour fee is not to exceed the total cost of 8 credit hours.
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Estimated Additional Tuition Expenses
Expense Cost Room and Board $12,096 Books and Supplies $1,082 Miscellaneous / Personal $5,922 Student Health Insurance* (shi.osu.edu) $3,366 * The amount listed above is for a single domestic student with comprehensive coverage. Student health insurance is optional in certain cases. Total $22,466
Forever Buckeye
If a student graduated from an Ohio high school and will be a resident of Ohio as of the first day of the term attending, a student will be considered an Ohio resident whether they lived in Ohio prior to the beginning of the term or not. Learn more >
After living in Ohio for at least 12 consecutive months, Non-Ohio residents can apply for Ohio residency if they meet specific guidelines for residency. Learn more >
Military Applicants
Military applicants will automatically qualify for in-state tuition under the Ohio G.I. Promise. Fisher takes a deliberate approach to recruiting highly-qualified military service men and women. Learn more >
Loans
Some MBA students use loans to finance their education, either in total or in part, and many sources of loans exist. Federal loans are available for domestic students only.
For more information regarding the Federal loan program please visit the Student Financial Aid website.
International Student Scholarships
The majority of admitted international students qualify for merit-based funding.
In addition, the following merit-based opportunities are also available to Full-Time MBA international students:
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International Student Ambassador
Each year, we select two incoming international students to work as student ambassadors to the MBA program. Student ambassadors often serve as the first point of contact and are thought of as the face of the Fisher MBA program for prospective Fisher candidates. The role of the ambassador is to help prospective students navigate the admissions process and ease their transition to enrolling at Fisher.
This highly competitive award requires the following:
- Admission to the Full-Time MBA program
- Strong academic record
- Excellent verbal and written communication skills
- Ability to maintain a high level of integrity and confidentiality
- Demonstration of effective time management skills
- Service-oriented mentality
- Completion of a separate interview with the Director of Admissions
The Student Ambassador will work 10 hours per week in exchange for 50 percent tuition and fee waiver and monthly stipend of $715 during the academic year.
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Scholarship for the Americas
The Scholarship for the Americas was created to help attract more students from South and Central America to the Fisher MBA program. The Scholarship for the Americas is merit-based and offered to a candidate who demonstrates strong academic aptitude, competitive GMAT or GRE test score, work experience, leadership potential, and desire for professional development.
The scholarship is comprised of the following:
- Full tuition waiver for two years
- Monthly stipend of $1,435
While there is not an official work requirement attached to this award, scholarship recipients are asked to assist the Graduate Programs Office in increasing the recruitment of students from Latin America.
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Scholarship for Africa
The Scholarship for Africa was created to help attract more students from Africa to the Fisher MBA program. The Scholarship for Africa is merit-based and offered to a candidate who demonstrates strong academic aptitude, competitive GMAT or GRE test score, work experience, leadership potential, and desire for professional development.
The scholarship is comprised of the following:
- Full tuition waiver for two years
- Monthly stipend of $1,435
While there is not an official work requirement attached to this award, scholarship recipients are asked to assist the Graduate Programs Office in increasing the recruitment of students from Africa.
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Scholarship for Europe
The Scholarship for Europe was created to help attract more students from Europe to the Fisher MBA program. The scholarship is merit-based and offered to a candidate who demonstrates strong academic aptitude, competitive GMAT of GRE test score, work experience, leadership potential, and desire for professional development.
The scholarship is comprised of the following:
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Full tuition waiver for two years
- Monthly stipend of $1,435
While there is not an official work requirement attached to this award, scholarship recipients are asked to assist the Graduate Programs Office in increasing the recruitment of students from the Europe.
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