Financing Your Program
Our graduate programs are made up of diverse and talented students who have demonstrated promise to become future business leaders – and we won’t let financial obstacles get in the way of your success.
Generous scholarships are considered for all qualified applicants based on a holistic review of your background. In fact, 95% of our 2020-21 class received scholarship funding. Your academic, personal and professional achievements can qualify you for several of the scholarships we offer.
California applicants receive an automatic tuition discount and are eligible for other scholarships. If you are applying from out-of-state or are an international student, we offer several exclusive scholarships for you as well.
MBA Program Tuition
An MBA is a significant investment with promising return. According to an Alumni Perspectives Survey conducted in 2018, seven in ten full-time MBA graduates said they wouldn’t have landed their current job without their degree (GMAC, 2018). Average salaries post MBA vary based on industry, location, and work experience. The best way to calculate your ROI is to research projected earnings in your industry of interest and compare those to your program costs to determine when you will make up the difference. For example, on average, individuals in the consulting industry receive a 50% salary increase post-MBA (Poets & Quants, 2019).
The Full-time MBA is an 80-unit program typically completed over the course of six quarters or two academic years. Tuition payment for the full-time MBA program is made on a quarterly basis.
- Resident students will pay approximately $44,000 each academic year (3 quarters).
- Non-resident students will pay approximately $56,000 each academic year (3 quarters).
For a full breakdown of program costs by quarter including health insurance fees, please visit https://registrar.ucr.edu/tuition-fees/quarterly-fees#mba_students.
Types of Financial Aid
Graduate Student Scholarships
UCR AGSM admissions team carefully evaluates each applicant in a holistic manner, awarding a generous level of merit-based scholarships. 95% of admitted applicants for Fall 2020 received some level of scholarship funding. Admitted students will be informed of scholarship funding level upon receipt of admission letter.
Once enrolled, students will have access to apply to over 21 scholarships offered to UCR AGSM students. Students are also invited to visit foundation.ucr.edu/scholarships to view the UCR Foundation Scholarships that are available to a wider spectrum of students (freshmen, transfers, continuing, graduate, etc.).
Alumni Referral Scholarships
UCR AGSM alumni may refer friends, family, and colleagues to the graduate school. Qualified and accepted candidates for the MBA/PMBA program receive a $10,000 scholarship, and MFin/MPAc/MSBA candidates receive a $6,000 scholarship.
See our Alumni Scholarship Referral for more details.
Financial Aid Options for Permanent Residents
Loans are an option utilized by many graduate students to finance their programs. U.S. Citizens and Permanent Residents can assess their loan eligibility by completing the Free Application for Federal Student Aid (FAFSA).
Financial Aid Options for Non-permanent Residents
International students needing loans to offset the costs of their program may consider private loan options in their home country and/or consider global loan funding through organizations like Prodigy Finance.
Financial Aid Options for Veterans
UCR’s Financial Aid counselors have military-specific knowledge and experience to clearly explain and help you apply for GI Bill Benefits plus a variety of grants and scholarships. Get more information about financial aid available to veterans by visiting https://veterans.ucr.edu/cost.
Teaching Assistantships and Readerships
Once you are admitted into a graduate program, qualified students will have the opportunity to take part in the Work-Study Program. Working in an assistant role at the School of Business, the funds you earn will be directed towards a tuition discount or scholarship. Teaching assistantships, research assistantships, employment awards and federal government loans are also available to graduate students.
Qualified admitted students who meet the Work-Study Program criteria are eligible to work in the following roles:
Teacher Assistants (TA) work with professors in the undergraduate program to read, grade and support the students in the coursework. Teaching Assistantships help a student cover a significant portion of their master’s program tuition and are competitive. Approximately 30 TA positions are available each year.
Readers work with professors in the graduate business program to read and mark coursework and provide other administrative support to the professor throughout the course.
Student Employment Opportunities
The School of Business has Student Assistant/Intern positions supporting the activities of the graduate offices. These competitive positions must be applied to upon admission into a program. Student Assistant positions are also available across campus. Students may search job listings both on and off campus through UCR Handshake. Learn more about Handshake at https://careers.ucr.edu/resources/ucr-handshake.