About the Course ROI Calculator
What is the Course ROI Calculator?
An MBA, master's or professional course costs more than its fees – you also give up salary while studying. This course ROI calculator includes both, then compares the salary you expect afterwards with what you would have earned without it.
It gives the internal rate of return, the net gain over your chosen horizon and the payback period.
How to use the Course ROI Calculator
- Total Course Cost – fees, living, materials (₹) (sample: 8,00,000)
- Course Duration (years) (sample: 2)
- Salary Given Up During the Course (₹ per year) (sample: 4,00,000)
- Salary Growth Without the Course (% per year) (sample: 6)
- Expected Salary After the Course (₹ per year) (sample: 9,00,000)
- Salary Growth After the Course (% per year) (sample: 8)
- Years of Work to Consider After the Course (sample: 10)
- Press Calculate Course ROI (results also refresh as you type). The result card shows the Return on the Course (IRR), along with Total investment incl. salary given up, Total extra earnings, Net gain and Payback.
Formula used
IRR of: −Course cost, −Salary given up during the course, + (Salary with − Salary without) each year after
Salary assumptions drive the result – use placement reports for realistic figures.
Worked example
These are the sample values already filled in the calculator above, and the result it returns for them:
| Input | Sample value |
|---|---|
| Total Course Cost – fees, living, materials (₹) | 8,00,000 |
| Course Duration (years) | 2 |
| Salary Given Up During the Course (₹ per year) | 4,00,000 |
| Salary Growth Without the Course (% per year) | 6 |
| Expected Salary After the Course (₹ per year) | 9,00,000 |
| Salary Growth After the Course (% per year) | 8 |
| Years of Work to Consider After the Course | 10 |
| Result | Value |
|---|---|
| Return on the Course (IRR) | 24.82% |
| Total investment incl. salary given up | ₹16,24,000 |
| Total extra earnings | ₹71,13,930 |
| Net gain | ₹54,89,930 |
| Payback | 4 years after finishing |
Tips for using the Course ROI Calculator
- Check median, not average, placement salaries.
- Include the cost of an education loan if you borrow.