schools…are related to either salary or the attainment of higher level positions in organizations.” Of course, these studies only include financial aspects of the investment and did not cover any psychic benefits that MBA recipients may incur from more interesting work or prestige School Net present value, first years of work School Net present value, first years of work Harvard $148,378 Virginia $30,046 Chicago 106,847 Dartmouth 22,509 Stanford 97,462 Michigan 21,502 MIT 85,736 CarnegieMellon 18,679 Yale 83,775 Texas 17,459 Wharton 59,486 Rochester UCLA 55,088 Indiana −3,315 Berkeley 54,101 NYU −3,749 Northwestern 53,562 South Carolina −4,565 Cornell 30,874 Duke −17,631 −307 Sources: “The MBA Cost-Benefit Analysis,” The Economist, August 1994, p 58 Table reprinted with permission Further reproduction prohibited (We need to obtain permission to use this table again.) Jeffrey Pfeffer and Christina T Fong, “The End of Business Schools? Less Success Than Meets Attributed to Libby Rittenberg and Timothy Tregarthen Saylor URL: http://www.saylor.org/books/ Saylor.org 709