Hanover, US · 21 months · class of 304
Dartmouth Tuck MBA: cost, salary and payback
A two-year program in Hanover, New Hampshire, whose graduates go into consulting more than at almost any other school on this site.
Paid back after graduation in
4.3 years
Total cost $417,730 · 10-year NPV $234,883
| Tuition and fees, whole program | $187,372 |
| Living budget | $72,858 |
| Salary given up, 21 months | $157,500 |
| Total cost | $417,730 |
| Salary after: median base salary | $175,000 |
| Signing bonus × share receiving it | $24,900 |
| 10-year net present value | $234,883 |
| Return on the cost (present values) | 57% |
US dollars at the ECB rate of the last update. Raises of 5% a year with the MBA and 3% without, discounted at 5%, before tax. How this is calculated.
Fees and budget read on October 13, 2026 · employment: Class of 2025 (school standard) · Built by Radif Partners · Method
- Tuition and fees
- $187,372
- Total cost, salary given up included
- $417,730
- median base salary
- $175,000
- Payback, reference person
- 4.3 years
The Tuck MBA at Dartmouth costs $260,230 for two years of tuition, program fees and the school's own living budget. Tuck publishes the first year only and warns of an increase for the second, so this total, which counts the second year at the first-year rate, is a floor. For a person earning $90,000 today, the 21 months away add $157,500; the school publishes no internship pay to subtract, which brings the total to $417,730. The class of 2025 reported a median base salary of $175,000, and 83% received a signing bonus at a median of $30,000. On those figures the degree repays the total 4.3 years after graduation, with a ten-year net present value of $234,883. Tuck's distinctive figure is consulting: 41% of the graduates who took a job went into it, at a median of $190,000, which puts the school number 3 of 38 in our consulting ranking.
41% of the class goes to the consulting firms
Only 2 schools on this site report a larger share of the class in consulting than Tuck. With 304 students in a class, 41% means about 125 graduates a year in the industry, and McKinsey & Co, Bain & Company and Boston Consulting Group appear among the employers the school names. The consulting median, $190,000, is the highest of any industry in the report, and on it the payback for the reference person drops to 3.7 years. 13 other schools on this site report the same consulting median, so the choice between Tuck and a larger program for consulting turns on the share and the network more than the pay. The consulting ranking sets the schools side by side.
Finance takes 27% of the class at $175,000, 13% of it in investment banking at $175,000 and 5% in asset management at $175,000, number 5 of 10 in our asset management ranking. Technology is smaller, 13%, at a lower median of $145,000, which stretches the payback to 6.2 years.
Dartmouth Tuck: where the class went
Share of the class
41%
| Salary reported | $190,000 |
| Graduates, about | 125 |
| Payback with that salary | 3.7 years |
Reference person earning $90,000 before the MBA.
Hanover, and what the budget leaves out
Tuition is $87,536 a year and the program fee $6,150. The living budget, $72,858 for two years, is the school's estimate for a single student in campus housing, and 10 American schools on this site publish a higher one. It leaves out health insurance, which the school lists as an additional expense, and it rises for students who live off campus or bring a partner or a child; the school gives its own estimates for each. The calculator also has no internship pay to subtract, since Tuck does not publish it, so the total shown is on the high side. Above a current salary of $101,000, the pay you give up becomes the largest line of the bill.
Dartmouth Tuck: when the MBA pays back, for your salary
Payback after graduation
4.3 years
| Total cost with the salary given up | $417,730 |
| Salary after (median base salary) | $175,000 |
| 10-year NPV | $234,883 |
Same assumptions as the main calculator; US dollars.
An American career, mostly
97% of graduates who took a job stayed in the United States. For an international student who wants to return home at once, the payback shown rests on an American salary and will not hold; the Europe and Asia rankings show which schools place there. The class is 22% international, from 46 countries; only 1 American school on this site reports a smaller one. Across the whole class, Tuck ranks number 7 of 40 in our return ranking. Merit scholarships averaged $34,679 per academic year, renewed in the second; the tool below shows what an award does to the payback.
Dartmouth Tuck: what a scholarship changes
Payback with the scholarship
4.0 years
| Without it | 4.3 years |
| Total cost with it | $387,730 |
Reference person earning $90,000 before the MBA.
Where Dartmouth Tuck stands in our rankings
- #7 of 40 · Any industry (whole class)
- #3 of 38 · Consulting
- #13 of 39 · Finance, all segments
- #8 of 12 · Investment banking
- #10 of 10 · Private equity
- #25 of 40 · Technology
- #10 of 39 · Working in the United States
Our fit score, reference person earning $90,000 before the MBA (method). Third-party rankings play no part in it. For reference, Dartmouth Tuck was ranked 26 in the FT Global MBA 2026.
What the Dartmouth Tuck MBA costs
| Item | Amount |
|---|---|
| Tuition, whole program (published yearly rate ×2.00) | $175,072 |
| Mandatory fees | $12,300 |
| Living budget, whole program | $72,858 |
| Salary given up: $90,000 a year for 21 months | $157,500 |
| Total cost, reference person | $417,730 |
Dartmouth Tuck employment report: Class of 2025
| Measure | Value |
|---|---|
| Median base salary | $175,000 |
| Signing bonus (median) | $30,000, received by 83% |
| Graduates who accepted an offer within three months | 87% |
| Response rate to the survey | 89% |
Dartmouth Tuck graduates by industry
| Industry, as the school names it | Share | Salary |
|---|---|---|
| Consulting | 41% | $190,000 |
| Financial Services (total) | 27% | $175,000 |
| Technology | 13% | $145,000 |
| Health Care, Pharma, Biotech | 7% | $140,000 |
| Consumer Goods, Retail | 6% | $132,500 |
| Energy | 3% | $164,100 |
| Manufacturing | 2% | $140,000 |
| Media, Entertainment, Sports | 1% | not published |
| Government, Nonprofit, Education | 1% | not published |
| of which investment banking (investment banking) | 13% | $175,000 |
| of which private equity (private equity / venture capital) | 3% | $150,000 |
| of which asset management (asset management (Investment Management)) | 5% | $175,000 |
Where Dartmouth Tuck graduates went to work
| Region | Share | Salary |
|---|---|---|
| US (US Mid-Atlantic + US Midwest + US Northeast + US South + US Southwest + US West) | 97% | not published |
| Canada | 1% | not published |
| Asia | 2% | not published |
| Latin America | 1% | not published |
Dartmouth Tuck graduates by job function
| Function | Share | Salary |
|---|---|---|
| Consulting | 42% | $190,000 |
| Finance (total) | 27% | $175,000 |
| Investment Banking | 14% | $175,000 |
| Corporate Finance | 4% | $142,800 |
| Private Equity, Venture Capital | 4% | $150,000 |
| Other Finance | 3% | $160,000 |
| Investment Management | 2% | $175,000 |
| Marketing | 13% | $140,000 |
| General Management | 8% | $150,000 |
| Other | 5% | $176,000 |
| Operations, Logistics | 3% | $142,800 |
| Human Resources | 1% | not published |
Employers named by Dartmouth Tuck
Amazon · Bain & Company · Bank of America · Boston Consulting Group · Citi · Colgate-Palmolive · General Mills · Goldman Sachs · Google · McKinsey & Co · Microsoft · Morgan Stanley · Nike · TikTok · NVIDIA
Names only: the school gives no hire counts.
The Dartmouth Tuck class
| Measure | Value |
|---|---|
| International students | 22% |
| Women | 44% |
| Nationalities | 46 |
| Class size | 304 |