The total cost of the Master of Energy Business program is primarily tuition-driven. There is no added premium beyond the official tuition rate posted on the website. In addition, because The University of Tulsa is a private school, there is no differentiation between in-state, out-of-state, or international tuition. All students pay the same rate.
For calendar year 2017, the tuition is $900 USD per credit hour. This rate is fixed for three years for existing students who enroll in classes during 2017 and for new students who enroll for the first time during 2017. The Master of Energy Business is a 34 credit hour degree program; so, at the above rate, the total tuition cost would be $30,600 USD spread over two years. The rate is expected to increase on January 1, 2018. Students pay for tuition “as they go,” rather than paying for it all upfront.
In addition to tuition, there are the usual instructional expenses, such as the cost of books and specialized software. A high-side estimate for such expenses is about $200 per course. There are no additional fees (such as student activity fees or insurance) other than the $55 application fee. However, for many students, there will be some travel expenses associated with attending two required, weekend-long residency seminars–one at the beginning of the program and one toward the end.
The best guess at today’s prices is that the total program will cost somewhere between $32,000 and $35,000 (tuition, instructional materials, travel expenses, etc.). If leveling courses/seminars are required before enrolling in the program, or if additional work is required in lieu of other program elements, then the total cost will be commensurately higher. This price is lower than the cost of many traditional MBA programs at U.S. universities.
A 10% veterans discount is available if other GI benefits have been exhausted. Special pricing is currently available for Canadian citizens who are full-time Canadian residents.
Estimated Total Cost
Tuition: $30,600 (34 credit hours)
Application Fee: $55
Books and instructional materials: $2,000 (varies with courses selected)
Travel expenses: $2,000 (only applies if students must travel to attend the residency seminars)