As with any investment, planning is important. The entire business school exercise can cost an additional several thousand dollars in unexpected GMAT preparation fees, application fees, and travel fees beyond tuition. While your employer may generously cover certain fees, the company may not cover others. So the first step will be to identify all of the associated costs. You will want to determine how much you can handle financially, while relying on other sources of funding to cover the difference.

Use our Planning the Investment form to help you determine which fees you can handle and which ones may be reimbursable by your employer. Click here to open the Cost Planning Tool.