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Yale Full-Time MBA 2020-2021: Application Deadlines, Decision and Notification Dates

Yale Full-Time MBA 2020-2021 Application Deadlines

Highlights of the Yale SOM Full-Time MBA 2021 Class

If you are researching programs and deciding on where to apply, it is important to understand where you stack up against the competition. Below are important metrics for the Cornell Johnson Full-Time MBA.

MBA Checklist for the Yale Full-Time MBA 2020-2021

Refer to this list to be sure your application to the Two-Year MBA program or One-Year MBA program includes the following:

To apply to the Yale School of Management, applicants must have earned a four-year bachelor’s degree from an accredited U.S. institution or the international equivalent. Applicants must submit the online application (including an essay), and the following materials:

• Transcripts from every college or university attended
• Two professional recommendations
• Complete the video questions
• Official GMAT or GRE score (valid within 5 years of exam date)
• Pay the application fee (To make the application process as affordable as possible for candidates  with diverse backgrounds, the Yale School of Management uses a sliding-scale application fee structure. The standard application fee is $250. For applicants earning less than $20,000 a year, the application fee is $175. For applicants earning less than $10,000 a year, it is $125. The application fee is based on the self-reported compensation information you provide in the application.)

Additional Resources

1. To learn about other applicants applying to the Yale SOM Full-Time MBA, check out the Yale SOM MBA LiveWire via Clear Admit, the leading independent resource for top-tier MBA applicants. MBA LiveWire is a social forum for applicants to share their journey throughout the admissions process.
2. The application process can be overwhelming, fortunately you can view FAQ, Essay Topic Analysis, Interview Reports and much more via Clear Admit’s Yale SOM in-depth school profile here.
3. To research more information about program cost, financial aid and curriculum, check out the Yale SOM full-time MBA snapshot here.

Cornell 2020-2021 Full-Time MBA: Application Deadlines, Decision and Notification Dates

If you are applying to the Cornell 2020-2021 Full-Time MBA, MetroMBA has provided all the information you need as you prepare for your admissions journey below.

Cornell Johnson 2020-2021 Full-Time MBA Application Deadlines

Additional Notes on the Cornell Johnson 2020-2021 Application Process

Initial Notification Date: Following a preliminary review of your application and materials, you will receive one of three initial notifications by the posted date for the round in which you submitted your application: invitation to interview, waitlist without interview, or denial of admission.

Final Notification Date: Following your interview, final decisions, including invitations to join the waitlist, will be released on a rolling basis and posted no later than the date noted for the round in which you submitted your application. Your decision will be posted to your Johnson Application page and you will receive an email message indicating that your decision is available.

Highlights of the Cornell Johnson Full-Time MBA 2021 Class

If you are researching programs and deciding on where to apply, it is important to understand where you stack up against the competition. Below are important metrics for the Cornell Johnson Full-Time MBA.

MBA Checklist for the Cornell Johnson Full-Time MBA

Refer to this list to be sure your application to the Two-Year MBA program or One-Year MBA program includes the following:

• Completed online application form
• Resume
• List of activities
• Goals Statement and two required essays (a third essay is optional)
• Academic records and transcripts for all post-secondary coursework and degrees*
• GMAT or GRE score report*
• TOEFL or IELTS score report (for applicants whose first language is not English)*
• One letter of professional recommendation (a second letter is optional)
• Non-refundable $200 USD application fee

*You may submit unofficial copies of your transcripts and test scores for your application; however, if you are admitted and enroll, you will be required to submit official copies of these documents by the required deadline. Offers of admission are not binding until we verify your official academic records and test score.

Additional Resources

1. To learn about other applicants applying to the Johnson School of Business Full-Time MBA, check out the Cornell Johnson MBA LiveWire via Clear Admit, the leading independent resource for top-tier MBA applicants. MBA LiveWire is a social forum for applicants to share their journey throughout the admissions process.
2. The application process can be overwhelming, fortunately you can view FAQ, Essay Topic Analysis, Interview Reports and much more via Clear Admit’s Johnson School of Business in-depth school profile here.
3. To research more information about program cost, financial aid and curriculum, check out the Cornell Johnson full-time MBA snapshot here.

Chapman MBA Adcom Q&A

MetroMBA recently sat down with Christopher Pagel, Dean of Graduate Business Programs for the Chapman MBA to discuss how their program differentiates itself among other graduate management programs, the typical profile of prospective students and admissions advice.

How does Chapman differentiate from other Graduate Management Education programs?

In uncertain times, strategic thinking backed by quantitative analysis is an absolute necessity. Middle managers and those early in their career can only gain these skills in a rigorous MBA program. Whether you are an entrepreneur or looking to climb the corporate ladder, an MBA from the Argyros School of Business and Economics at Chapman University will distinguish you as industries reshape post-pandemic. Opportunities will be numerous; having the arsenal of skills and contacts from an MBA program like ours will be extremely valuable to candidates and companies alike. Nobody has better connections in the Orange County business community than the Argyros School, which is ranked #3 of private full-time MBA programs on the West Coast.

What is the typical profile of a student who would benefit most at Chapman and what characteristics are your admissions team looking for?

Argyros graduate students come from a variety of backgrounds. Strategic thinking, data analytics, and strong financial modeling skills are in high demand. The Argyros School is training students to meet that demand. Students looking to launch their career potential through a personalized education should consider the Argyros School and reach out to meet our graduate programs team. One of our newest programs is a Masters of Science in Real Estate (MSRE). This program brings C-Suite real estate leaders into a personalized classroom environment to train students with the skills that make an impact in their businesses. Our goal is for Argyros students to be hired at graduation, accelerate into leadership roles, and add direct value to companies on their first day on the job.

What types of financial aid are available to students?

The Argyros School offers merit scholarships for qualified applicants and are based on factors in your application. If you would like to be considered for a merit scholarship, then you are encouraged to apply by the recommended deadlines. Federal and private loans are available to domestic students and permanent residents. Chapman University is pleased to participate in the Yellow Ribbon program of the Post 9/11 GI Bill (Chapter 33). The Yellow Ribbon program makes additional funds available to qualifying individuals without an additional charge to your GI Bill entitlement. MBA students may receive up to $6,000 towards qualifying tuition and fees per academic year and VA will contribute matching funds.

How does Chapman assist in finding job opportunities and how do you enhance a student’s profile as a job applicant?

The Career Services team for the Chapman MBA is unmatched. We provide students with a personal headhunter to unlock doors to new opportunities. In addition, our faculty are world renowned thought leaders, Nobel prize winners, C-level executives, entrepreneurs and cutting-edge researchers. They take a personal interest in each student, devoting their time, expertise, mentorship and connections to advancing students’ careers.

What is one insider tip you can provide prospective applicants about applying to Chapman?

We encourage applicants to reach out to our graduate team to personally tailor their program and application needs.

What is one restaurant every student must visit and why?

Chapman University is situated in the heart of Old Town Orange, which boasts many shops and restaurants. Students will have a variety of choices to fit their budget and preferences. If networking or potential job interviewing is in need, the Citrus City Grille is the professional hang out. If it’s a quick bite before class, we recommend the Filling Station, Pizza Press, or Burger Parlor.

Where is the best cup of coffee on campus?

The Argyros School has a dedicated Starbucks in our lobby as well as two in the Orange Plaza (the Circle). Students also enjoy the exotic tastes of the alumni-owned Aussie Bean just down the street from campus

What is the best ‘hidden secret’ on campus?

Chapman University’s campus is among the most beautiful and student-focused in the country. Our campus has many areas for personal study and spaces used by our campus tutors to enhance the student experience outside the classroom. Visiting the graduate program offices and the Career Services team regularly will also yield great dividends for students. Students can network, grab a cup of coffee, and stay in touch with the latest events and job postings offered through the Argyros School.

5 Questions with the Kellogg Executive MBA

In our latest installment of the MetroMBA “5 Questions” series, we speak with Dustin Sanders, the Director of Admissions, Executive MBA at Northwestern University-Kellogg School of Management.  

1) How does the Kellogg Executive MBA program differentiate from other offerings at Kellogg and other programs in the Graduate Management Education space?

2) What is the typical profile of a student who would benefit most from the Kellogg Executive MBA and what characteristics are your admissions team looking for?

3) What types of financial aid are available to students?

Hybrid MBA: The Best of Both Worlds for Aspiring Business Leaders

A Master of Business Administration (MBA) degree remains one of the most sought-after credentials by individuals today. In fact, a recent Graduate Management Admission Council (GMAC) study reveals that 60% of prospective students prefer MBA programs over other types of master’s degrees. For professionals on the rise, an MBA is a key credential. But while an MBA may help launch the next stage of a career, few are willing to put everything on hold to obtain one. Staying on top of course work while holding down a job and meeting personal obligations is challenging at best. No wonder nearly 3 out of 4 U.S. full-time two-year MBA programs report a steady decline in applications received.  The Virginia Tech Hybrid MBA offers the ability to meet the needs of aspiring applicants.

“Students nowadays aren’t willing to go to school to earn an MBA on a full-time basis and forego the economic benefits of a full-time job,” says Dr. Parviz Ghandforoush, Associate Dean for Graduate Programs at Virginia Tech’s Pamplin College of Business.

That’s one of the reasons why business schools like Pamplin have developed an alternative: hybrid MBA program options that combine the flexibility of online courses with the in-person interaction of a traditional MBA.

LESSONS FOR A CHANGING WORK ENVIRONMENT

Whether earned online or in-person, the advantages of an MBA have never been clearer. These days, an increasing number of organizations are embracing a collaborative work environment where employees must partner with leaders from varying business functions to achieve corporate goals. An MBA can help managers and leaders excel in this new and integrated work environment by imbuing them with sharper decision-making capabilities, a broader worldview, and better communication skills.

Consider, for example, the world of technology. It’s changing quickly—but so are the demands of the corporate enterprise. According to IDG research, today’s IT buying team contains an average of 21 stakeholders: 11 from IT and 10 from the business. The more an IT leader understands the needs and challenges of his business leaders, the better he will be prepared for smart technology investments with real bottom-line rewards.

THE TIME IS ALWAYS RIPE FOR A VIRGINIA TECH HYBRID MBA EDUCATION

A hybrid MBA caters to all business functions and all ages. Many middle managers who are looking to advance their careers are in their 30s—the age at which many people are having children, carrying a home mortgage, or paying down student debt—hardly an opportune time to enroll in a full-time, lecture-based MBA program. Even more experienced and career-established individuals in their 40s and 50s must contend with demanding work schedules and time constraints.

Virginia Tech recognized this market reality and designed two programs that combine the best of both worlds: Professional MBA and Executive MBA. Online collaboration and discussion modules give students flexibility to access coursework whenever and wherever they are located. In-person class lectures offer hands-on learning, face-to-face discussions, and substantive interaction with instructors and classmates.

According to Dana Hansson, Director of MBA Programs at Virginia Tech, the hybrid nature of the programs deliver flexibility and “a personal touch” that encourages students from various industries, work settings, and management layers to pool their experiential knowledge.

HOW TO CAPITALIZE ON A HYBRID EDUCATION

Both Pamplin Hybrid MBA pathways to a degree– Professional and Executive – offer advantages that promise to resonate long after a program’s completion.

• A ROBUST CAREER NETWORK: An in-person element and cohort format create lasting relationships that can deliver significantly more value and meaning than any LinkedIn connection. Membership in an elite institution also promotes close professional relationships among peers throughout Virginia and the greater Washington, D.C., metro area.
• ACCESS TO A VAST ALUMNI NETWORK: With more than 100,000 alumni in the mid-Atlantic region alone, an MBA degree from Virginia Tech provides students with access to industry professionals and mentors, many of whom can connect graduates with opportunities for career advancement.
• SAVINGS: A part-time format means applicants can maintain a steady income while also furthering their career aspirations. As a public university, Virginia Tech also offers a high-value tuition rate.
• SPEED AND CONVENIENCE: The part-time Professional MBA and Executive MBA programs each can be completed in the same amount of time as a traditional full-time program, and less than a traditional part-time program. 

AN EDUCATIONAL ADVANTAGE

MBA graduates are in high demand as organizations look to boost their talent troves with diverse skillsets, strong leadership, and curious minds. But fulfilling these market demands shouldn’t have to come at the expense of managing a full-time job, family, and other important priorities. By enrolling in the Virginia Tech Hybrid MBA or Executive MBA, aspiring careerists and seasoned professionals alike can build their business knowledge at a pace and style that suits their present needs.

Online MBA

Program Structure

The Smith online MBA offers flexibility while providing the same academic rigor as our internationally recognized on-campus MBA programs. Hone your leadership abilities and develop high-level communication and analytical skills. Gain valuable expertise in essential areas of business operations, such as accounting, marketing, finance, supply chain management and information systems. Explore the ethical and financial challenges of doing business in the global marketplace. The Smith online MBA focuses on modern, data-centric strategies and skills to create an educational experience with real-world value.

Curriculum

The Smith online MBA consists of 54 credit hours, which breaks down into 24 credits Foundation One, 24 credits Foundation Two, a Global Study (4 credits) or International Business (2 credits) course, and 4 credits Residency: 2 credits Opening Residency and 2 credits Capstone Residency.  The program can be completed in as few as 24 months.

Foundation I Courses

• Corporate Finance I
• Data Analysis
• Decision Modeling
• Entrepreneurship
• Managerial Accounting
• Managerial Economics and Public Policy
• Marketing Management
• Strategic Information Systems

Foundation II Courses

• Action Learning Projects (I & II)
• Corporate Finance (II)
• Ethical Leadership
• Operations Management
• Organizational Change

Residencies

• Opening Residency: Introduction of Business
• Capstone Residency: Integrative Business Simulation

Foundation II Selectives

• Corporate Venturing
• International Business
• Global Study (4 credits)

Foundation II Accounting Selectives

• Fraud Examination, Detection and Deterrence in the Business Environment
• The Impact of Taxation on Business Entities
• Financial Planning and Control Systems for Managers and Consultants

Foundation II Finance Selectives

• Commercial Bank Management
• Applied Equity Analysis
• Financial Restructuring

Foundation II Information Systems & Business Analytics Selectives

• Data Mining and Predictive Analytics
• Managing Digital Businesses and Platforms
• Social Media and Web Analytics

Foundation II Marketing Selectives

• Consumer Behavior
• Customer Equity Management

Foundation II Supply Chain Management Selectives

• Global Trade Logistics
• Supply Chain Risk Management

The Smith online MBA offers five highly relevant specializations focused on the most important aspects of modern business — Accounting, Finance, Information Systems and Business Analytics, Marketing, or Supply Chain Management — in addition to a general track for those looking for the broadest MBA experience.

Career Statistics

The Smith MBA programs place a heavy emphasis on student success, both in the virtual classroom and in professional settings. This relates to your career search, as they offer a wide range of services to help you grow as a professional – the same invaluable services that are provided to their on-campus students, including:

• Career development curriculum
• Experiential learning opportunities
• Leadership assessments
• On-campus and virtual career coaching
• Automated job search system
• Workshops (resume building, personal branding, case interviewing and networking strategies)
• Mock interviews
• Networking opportunities
• Online recruiting system

Average base compensation for Smith Online MBA graduates is roughly $99,000 based on a 2018 graduate data survey.  Additionally, the following data illustrates what function Smith online MBA graduates are employed.

• General Management: 27.27%
• Finance / Accounting: 18.18%
• Marketing / Sales: 15.15%
• Consulting / 12.12%
• Operations / Production: 6.06%
• Other: 21.21%

Tuition, Scholarships, and Financial Aid

The Maryland Smith School of Business online MBA tuition is $1,644 per credit hour.  There are a total of 54 credit hours in the online MBA program with an estimated tuition of $88,776.  In addition to the tuition, there is also a $75 application fee and $76.50 technology fee for 8 credits or less and $153.00 for 9 credits or more.  In order to reserve your placement a $1,000 non-refundable enrollment deposit is needed.  Please note, there is no tuition difference between in-state and out-of-state students for the online MBA program at Smith.

There is a multitude of financial awards and financial aid options available to help eligible students in paying some or all of the cost of their online MBA. Be sure to carefully review all financial aid resources to gain an understanding of what options may be available to you.

Merit Based Awards

The Smith School of Business bestows financial awards to a select number of applicants based on scholastic merit, professional accomplishment and evidence of leadership. All applicants whose applications are complete by the application deadline receive automatic consideration.

Double Terp Financial Award

A Double Terp Financial Award is available to alumni of the University of Maryland, College Park who are newly-admitted into the Smith Online MBA program. Be sure to indicate that you are a graduate of the University of Maryland, College Park on your application for admission.

Corporate Partnerships

The Smith School of Business has partnered with specific organizations to offer reduced tuition and no application fee or enrollment deposit for their full-time employees and their immediate family members who enroll in the online MBA program. If you are employed by a partner organization and would like to learn more about this benefit, or would like to confirm if your organization has a partnership with Smith, please contact an enrollment advisor.

Federal Student Loans

Students who are U.S. citizens or permanent residents may apply for Federal Student Loans through the Office of Student Financial Aid by completing the Free Application for Federal Student Aid (FAFSA). 

After the FAFSA is received by the Office of Student Financial Aid, additional information specific to the individual student may be requested. When all application materials are received Federal loans are certified, and the student is notified. This notification process typically begins mid to late June. An application for aid has no bearing on the application for admittance to the program.

US Military Members and Veterans

The University of Maryland has a Veterans Program Office to assist military service members and veterans in their educational pursuits.

Satisfactory Academic Progress

All students receiving financial aid must maintain certain academic standards during the program or else risk losing eligibility for funding. 

Admissions

The following requirements are needed for admission to the Smith Online MBA program.

• Professional Work Experience: Multiple years of professional experience strengthen an applicant’s profile and provide an important edge in the admissions process. A minimum of two years of work experience is highly recommended for consideration. An application is not considered complete unless it contains the applicant’s resume.

• Letter of Recommendation: A recommendation should be solicited from an individual who can objectively comment on an applicant’s performance in a professional environment. Only one recommendation letter is required with your application.

• Application Fee: A non-refundable application fee of $75 is required. Please pay by credit card as you submit your application online. The application Fee is waived for UMD Terp alumni and Military students.

• Essays: There is one essay question and one optional question on the application. The Admissions Committee looks for well-written essays that clearly and thoughtfully answer each question.

• GMAT/GRE Exam: Although cut-off scores are not implemented in the admissions process, it is expected the applicant will show a good deal of promise through their GMAT or GRE test scores. GMAT scores typically range from the mid-500s through the upper-700s. To convert your GRE scores, use this online tool. A waiver may be considered if an applicant has demonstrated excellent quantitative and analytical skills through academic records and/or a successful career trajectory. Please contact an enrollment advisor for additional information.

• Academic History: The online application allows you to upload a scanned official transcript(s) for each college or university attended. If the official transcript where you received your degree does not state the degree was conferred, please also upload an official diploma or official copy of your degree received (most schools already list the conferred degree on the transcript). If you are formally admitted to the University of Maryland, you will be required to submit an official transcript to the graduate school. If your transcript is not in English, please also an official transcript translated into English.  The University of Maryland Graduate School requires all admitted students to have an undergraduate grade point average of at least 2.80/4.00. Applicants who have a grade point average below 2.80 are encouraged to use the optional essay to address this point.

Deadlines

We welcome ambitious, highly motivated professionals who seek a rigorous academic program taught by our world-renowned faculty. Applicants are accepted on a rolling basis, with three start dates offered per year — January, May and August.

Spring 2022 Important Dates:

Application Deadline: November 8, 2021  |  Start date: January 24, 2022

International Students 

The University of Maryland, College Park, requires any applicant who has not completed a university degree in a country in which English is the principal language (such as the United Kingdom, Australia, Ireland, and New Zealand) to take the TOEFL. You are strongly encouraged to include a photocopy of your TOEFL report with the application materials. The Admissions Committee will not review your file without the TOEFL. To view a list of countries exempt from taking the TOEFL exam please click here.

Note: All students, including international students, are required to attend two three day residencies scheduled at the beginning and the end of the program on the University of Maryland campus in College Park, Maryland. The University of Maryland, College Park, cannot issue a Form I-20 or Form IAP-66 to students enrolled in the online MBA program for the attendance of the residencies.

Online MBA

Ole Miss Online MBA Program Structure

The Ole Miss online MBA program is geared toward working professionals. The online MBA is a 36-hour comprehensive program that can be completed in as little as two years or extended to accommodate any work schedule.

The Ole Miss MBA’s comprehensive format offers a broad base of knowledge in business and management. You learn the basics across all specialties and develop skills that can be applied in any field. The program also focuses on strengthening leadership, creativity, communication, and critical thinking skills, which are imperative to success.

Courses are delivered 100 percent online — giving you the most flexibility possible. The challenging curriculum is taught by the same Ole Miss faculty who teach it on the Oxford campus and focuses on developing the analytical skills and breadth of judgment that are essential elements in effective decision making for any organization. A thorough understanding of the functional areas of business is built from the required courses.

In only four semesters and two summer sessions, you can earn an affordable MBA online from an AACSB-accredited business school at the nationally respected University of Mississippi.

Curriculum

Students may start the online program at any term. In only four regular semesters and two summer sessions, you can complete your degree. While the program is designed to be completed in two years, a student may choose to enroll in one course per semester, which will expand the duration of the degree.

The following courses are to be completed during the Online MBA; Leadership and Ethics, Managerial Economics, Financial Analysis, Managerial Accounting, Organizational Behavior, Business Planning and Entrepreneurship, Supply Chain Management, Strategic Marketing Management, Project Analysis, Strategic Management, Management of Technology and Innovation and Statistics

Online MBA Rankings

2020 — U.S. News and World Report – Ranked “Top 5 Online MBA Programs in the Nation”
2020 — Online MBA Report – Ranked #1 in Mississippi Online MBA Program
2019 — U.S. News and World Report – Ranked Online MBA Program “Top 10 in the Nation”
2019 — Bloomberg Businessweek – Ranked Campus Program # 34 among Public Institutions
2016 — Bloomberg Businessweek – Ranked Campus Program #36 among Public Institutions
2016, 2017, 2018 — U.S. News and World Report – Ranked the Online MBA program “Top 25 in the Nation”
2016 — College Choice – Ranked the Online Program #1 in the Country

Tuition, Scholarships, and Financial Aid

The Ole Miss Online MBA charges one flat tuition rate regardless of state/country of residence and a per-credit hour technology fee in addition to tuition. Tuition for the Ole Miss Online MBA program is $894.50 per credit hour. Over the course of 36 credits, that total comes to an estimated $33,000 with fees.

Online programs are NOT eligible for fellowships, scholarships, or assistantships at this time. However, several types of loans are available to graduate students. For information on loans for MBA students, contact the Office of Financial Aid.

Many employers offer tuition reimbursement programs as a way to pay back employees for education expenses. Although employees who choose to participate must pay out of pocket for the courses they take, when the course is completed, the employee can get back a portion or all of their tuition expenses. Check with your Human Resources Officer to ascertain whether your company offers a tuition reimbursement benefit.

Admissions

Along with a $75 application fee, applicants to the Kelley School of Business Online MBA program must submit GMAT or GRE scores, although these may be waived under special circumstances. As well, students must submit official school transcripts of academic records, one letter of recommendation, a 500-word personal statement, and a resume. Students may be invited to take part in a 30-minute phone interview with the school admissions team.

International students who were either born in a non-native English speaking country or have not earned an undergraduate or graduate degree at an English-speaking institution may have to provide either TOEFL or IELTS test scores to prove English fluency.

Please note that the admissions requirements listed below are the minimum required for consideration for admission. Admission is competitive.

• Transcripts: Candidates must hold a bachelor’s degree in any field from a regionally accredited institution. Candidates must have a 3.0+ overall GPA or on the most recent 60 semester hours of course work.
• GMAT/GRE Scores: Candidates must submit an official GMAT or GRE score that is no more than five years old. Candidates must have a 500 minimum on the GMAT or the equivalent GRE score of a 302. (Please note: due to Covid-19, GMAT/GRE scores have been waived for all applicants. Please go to the Ole Miss Online MBA official school site to monitor additional deadline GMAT/GRE requirements.
• TOEFL Scores: International candidates must submit an official TOEFL score of at least 600 or an equivalent score of 99-100 on the IBT.
• Two Letters of Recommendation
• RESUME- Minimum of two years of work experience required for online program.
  Candidates must submit a current resume via the online application and there is no preferred template.
• Statement of Purpose: A candidate must submit a Statement of Purpose with his or her name included via the online application. The Statement of Purpose is a short essay in which an applicant reflects on the contribution the MBA degree will make to his or her future success and the special characteristics that he or she brings to the MBA program.
  The typed Statement of Purpose (about 400 words) should address the following questions:

• Why have you chosen to pursue the MBA?
• How will these studies help you attain your career goals?
• Is there anything you wish us to know that is not reflected in the other application materials?

* Please be sure that your name is included on your Statement of Purpose.

– Prerequisite Coursework: Completion of two prerequisite undergraduate courses is required prior to enrolling in MBA courses: Principles of Accounting (UM ACCY 201 or ACCY 202) and Business Finance (UM FIN 331), or their equivalencies. Courses must be completed with a “C” or higher.

It is possible that applicants have completed the above courses or their equivalencies in undergraduate coursework, particularly if a degree has been awarded in a Bachelor’s of Business Administration. Admission decisions are not based on successful completion of these courses. However, admitted students are not permitted to enroll in MBA courses until the prerequisite courses have been completed with a grade of “C” or better. These courses can be completed as part of an undergraduate program or they can be taken at any accredited institution.

Admissions

Please note that the admissions requirements listed below are the minimum required for consideration for admission. Admission is competitive.

• Transcripts: Candidates must hold a bachelor’s degree in any field from a regionally accredited institution. Candidates must have a 3.0+ overall GPA or on the most recent 60 semester hours of course work.
• GMAT/GRE Scores: Candidates must submit an official GMAT or GRE score that is no more than five years old. Candidates must have a 500 minimum on the GMAT or the equivalent GRE score of a 302. (Please note: due to Covid-19, GMAT/GRE scores have been waived for all applicants. Please go to the Ole Miss Online MBA official school site to monitor additional deadline GMAT/GRE requirements.
• TOEFL Scores: International candidates must submit an official TOEFL score of at least 600 or an equivalent score of 99-100 on the IBT.
• Two Letters of Recommendation
• Resume: Minimum of two years of work experience required for online program.
  Candidates must submit a current resume via the online application and there is no preferred template.
• Statement of Purpose: A candidate must submit a Statement of Purpose with his or her name included via the online application. The Statement of Purpose is a short essay in which an applicant reflects on the contribution the MBA degree will make to his or her future success and the special characteristics that he or she brings to the MBA program.
  The typed Statement of Purpose (about 400 words) should address the following questions:
  • Why have you chosen to pursue the MBA?
  • How will these studies help you attain your career goals?
  • Is there anything you wish us to know that is not reflected in the other application materials?
• Prerequisite Coursework: Completion of two prerequisite undergraduate courses is required prior to enrolling in MBA courses: Principles of Accounting (UM ACCY 201 or ACCY 202) and Business Finance (UM FIN 331), or their equivalencies. Courses must be completed with a “C” or higher. It is possible that applicants have completed the above courses or their equivalencies in undergraduate coursework, particularly if a degree has been awarded in a Bachelor’s of Business Administration. Admission decisions are not based on successful completion of these courses. However, admitted students are not permitted to enroll in MBA courses until the prerequisite courses have been completed with a grade of “C” or better. These courses can be completed as part of an undergraduate program or they can be taken at any accredited institution.

5 Questions with MBA Admissions: UCI Merage School of Business Full-Time MBA

In our latest installment of the MetroMBA “5 Questions” series, we speak with Lindsay Haberman, Assistant Director, MBA Recruitment and Admissions for the full-time MBA at UCI Paul Merage School of Business. Haberman discusses Merage’s recent STEM-designation, what types of students they are seeking for their program and ‘insider tips’ on applying to their program.

How does this program differ from other offerings at your school and other programs in the GME space?

At The Paul Merage School of Business we have specifically redesigned our curricula, course content, delivery modes, and co-curricular programs to create unparalleled learning experiences with a single goal: preparing you to propel your career and lead your organization to success in our digitally driven world. Our FTMBA degree is now fully STEM-designated, dedicated to deepening students’ knowledge and leadership of Management Science and Quantitative Methods. We are also proud to announce our new Analytics in Digital Leadership concentration, built to be directly aligned with specific target functions such as Python, sequel and managing large data sets.

What is the typical profile of a student who would benefit most from this program and what characteristics are your admissions team looking for?

We are looking for a well-rounded student, one that has strong leadership and clear communication skills. It is important for any prospective student interested in our program to do their research on the school, and understand how an MBA from the Merage school will help them obtain their short-term goals. We look for how effectively the individual can tell their story as it relates to the career outcome they are seeking. We also love to hear about any extra circular, volunteer, or other organization a student is a part of, because during your time in the program it is so important to get involved in activities outside of the classroom.

What types of financial aid are available to students?

Over 80% of students receive some type of merit-based scholarships. The MBA Admissions Committee awards merit-based scholarships based on a holistic evaluation of your potential, taking into consideration your overall application including academic achievement, quality of work experience, demonstrated leadership and extracurricular activities. All completed applications are automatically considered for scholarship, no additional application is needed. If you are selected as a scholarship recipient, you will be notified upon admission.

How does your school assist in finding job opportunities and how does your program enhance a student’s profile as a job applicant?

Our MBA Career Center’s unique personalized approach to career planning prepares you with the tools to not only land your ideal job, but to make the right decisions throughout the lifetime of your career. They are personalized in their approach, and focus on three pillars: explore, prepare, and execute. Within the Career Center we have an external relations team, and their main priority is to connect companies to our school through internship opportunities and career jobs. A signature event that is hosted by our Career Center is our Merage First Networking Mixer. For this event, we invite our alumni to engage with our current students, and each alum brings a current job opening at their company.

What is one insider tip you can provide prospective applicants about applying to this program?

I always tell prospective students to do their due diligence on the school, reach out to students, schedule a consultation, do a campus visit, and come to an event. Getting an MBA is a huge investment in yourself, and it is a time for you to focus on building your network and sharpening your leadership skills. At the end of the day you want to be in an environment that you can thrive in and somewhere that has the resources to get you to the next step in your career. I think the community that you surround yourself with should be the one that best fits your strengths. At the Merage School we pride ourselves on our tight knit, supportive, and collaborative community of students, and they want to share their experience with prospective students.

To learn more about the UCI Merage School of Business Full-Time MBA: Click Here.

Professional MBA

Eccles School of Business Professional MBA Program Structure

The Eccles Professional MBA is an in person, on campus program that is offered during the evening, two times a week.  The program consists of six semesters and takes a total of 24 months to complete.  Overall, there are 48 credits to complete the program including 31.5 core credits and 16.5 elective credits.  The program does allow flexibility by combining on campus courses with online course as an option.

Curriculum

Core Courses – Accounting, Finance, Economics, Management, Marketing, Operations, Information Systems, and Strategy.

Elective Courses – Accounting, Entrepreneurship, Finance, Management, Strategy, Marketing, Operations, Information Systems, and Business Analytics.
Specialization Opportunities:

Graduate Certificates – Graduate Certificate in Business Analytics, Graduate Certificate in Information Systems, Graduate Certificate in Real Estate.

Dual and Concurrent Degree Programs – Master of Healthcare Administration Dual Degree, PMBA + Master of Accounting degree, PMBA + Master of Business Creation, PMBA + Master of Science in Business Analytics, PMBA + Master of Science in Information Systems, PMBA + Master of Science in Finance, PMBA + Master of Science in Real Estate Development.

Class Profile

The average age of the Eccles School of Business Professional MBA is 31, while the program is 73% male.  The program averages 6 years of professional work experience, as 57% of the class comes from a non-business undergraduate degree.

Tuition, Scholarships, and Financial Aid

Tuition cost for the Eccles School of Business Professional MBA is $60,000 ($1,250 per credit).  Non-resident scholarships are available if applicable. Program scholarships are available for all admits to apply and financial aid is available through the University of Utah.  Per University of Utah it costs $50,768 for living expenses for two years.

Admissions

• Online application
• Resume
• Two professional letters of recommendation
• One personal statement
• Undergraduate degree transcripts (unofficial)
• GMAT or GRE score report (or waiver if applicable)
• TOEFL or IELTS score report (if international and determined case by case)
• Virtual or in-person interview

Must have earned a four-year U.S. bachelor’s degree, or equivalent, from a regionally-accredited college or university with a cumulative undergraduate GPA of 3.0 or higher.  Applicants with undergraduate GPAs below 3.0 may appeal this requirement with an acceptable GMAT/GRE score or previous successful completion of a graduate degree from a regionally-accredited institution. 1+ years of post undergraduate work experience is required.  Students must also be employed in a full-time job during the program* (*Exceptions may apply depending on your background and current situation).

The GMAT is required for the Eccles Business School Professional MBA, however Yes – the Professional MBA program offers GMAT/GRE substitutions for those applicants who can demonstrate sufficient quantitative capabilities, academic achievement, and professional experience. These capabilities will be evaluated through a review of the complete admissions application and, most specifically, through an applicant’s professional work experience, academic transcripts, certifications, post-undergraduate coursework or degrees, other standardized exam scores, and the admissions interview.

1. To apply for a GMAT/GRE substitution, students must meet the following qualifications: Undergraduate degree with a minimum of a 3.0 GPA from a regionally accredited institution.
2. Minimum of 3 years of full-time professional and/or managerial work experience.

Prospective students should submit their full admissions application along with a second essay formally requesting the GMAT/GRE substitution and detailing his or her qualifications based on the above requirements. In particular, the applicant should include his or her professional, academic, and/or quantitative capabilities. The admissions committee makes the final decision of whether or not a substitution will be granted at the time the full application is finalized and reviewed. The committee may ultimately request the applicant to submit a GMAT or GRE score.

The cost of an application is $55 if submitted between August 1 – March 1, and is $85 if submitted after March 1 until the end of the application.

Application deadlines are as follows:

Fall 2020 (August Start)

Round 1: December 1 • Round 2: February 15 • Round 3: April 1 • Round 4: May 15 • Round 5: June 15 • Round 6: July 15

* *Applications for fall 2020 are accepted through August 1. Applications received after the class is full will be considered for wait list and/or for next start date. Early submission of applications is strongly encouraged.

Spring 2021 (January Start)

Round 1: September 15 • Round 2: November 1 • Round 3: December 15

* *Applications for spring 2021 are accepted through December 15. Applications received after the class is full will be considered for wait list and/or for next start date. Early submission of applications is strongly encouraged.

*Please review deadlines with official school site to ensure there have not been any changes made.

Online MBA

David Eccles School of Business Online MBA Program Structure

The MBA Online program is delivered by the Eccles world-renowned faculty in a high-quality, interactive, on-demand format. The program provides in-depth discussions between team members, as well as with faculty. While all content in the online courses is available 24/7, students have the opportunity to interact with faculty and other students in a weekly live web conferencing session. By using web conferencing, online forums, and multimedia resources, MBA Online students get the MBA experience on more personalized terms.

The Eccles Online MBA typically takes 24-26 months to complete all 48 credits.  Courses are held in 5 and 10 week blocks – 1.5 credit classes are 5 weeks and 3.0 credit classes are 10 weeks.  Students take two classes at a time to balance their degree.  In addition, the program provides flexible, on-demand learning with weekly live webinars and allows you to customize your degree with elective options.

Curriculum

The Eccles Online MBA consist of 48 credits and a 3-day on-campus residency. Students also can complete 15 credits of elective including financial accounting, managing and leading, data analysis, financial management, marketing management, managerial economics, operations management, business communication, information technology, competitive strategy, business ethics, and managerial accounting.

Class Profile

The average student in the Eccles online MBA has 10 years of work experience and is 34 years of age.  The program is 29% female and 71% male.  In terms of academic experience, 33% of current students hold an undergraduate degree while 67% hold a non-business undergraduate degree.

Career Statistics

The most recent class’ reported average salary after graduation was just north of $107,000, representing a 28 percent average salary increase over pre-MBA salary. Around 65 percent of graduates earned promotions while earning their Online MBA.

Tuition, Scholarships, and Financial Aid

The total cost of the Eccles online MBA program is $58,000 or $1,225 per credit.

Students pursuing graduate degrees have the opportunity to use FAFSA including Federal Stafford Unsubsidized loan and Graduate Plus Loan. Limited scholarships are available for merit, diversity & Inclusion, Advancing women, community impact, and Double Ute in the amounts of $2,500-$10,000 total.

Admissions

The following information is needed for admissions requirements: transcripts, essay (statement of purpose), resume, two letters of recommendation, GMAT/GRE or appropriate waiver, interview. All MBA Online prospects need to also be working full time and maintain full time work status through the entirety of the program.

The GMAT is required for the Eccles Online MBA program. However, the MBA Online program offers GMAT/GRE substitutions for those applicants who can demonstrate sufficient quantitative capabilities, academic achievement, and professional experience. These capabilities will be evaluated through a review of the complete admissions application and, most specifically, through an applicant’s professional work experience, academic transcripts, certifications, post-undergraduate coursework or degrees, other standardized exam scores, and the admissions interview.

To apply for a GMAT/GRE substitution, students must meet the following qualifications:

• Undergraduate degree with a minimum of a 3.0 GPA from an accredited institution
• Minimum of 3 years of full-time professional and/or managerial work experience

Prospective students should submit their full admissions application along with a second essay formally requesting the GMAT/GRE substitution and detailing his or her qualifications based on the above requirements. In particular, the applicant should include his or her professional, academic, and/or quantitative capabilities. The admissions committee makes the final decision of whether or not a substitution will be granted at the time the full application is finalized and reviewed. The committee may ultimately request the applicant to submit a GMAT or GRE score.

The Eccles Online MBA also requires work experience. There are no alternatives, all students who apply to theprogram should have at least one year of full time work experience.

The cost of an application is $55 if submitted before April 1st and $85 if submitted after April 1st

Application deadlines are as follows:

Fall 2020 deadlines are as follows:

Round 4 May 15

Round 5, June 15

Final round July 15

Top Business Schools in California

If you are searching for the top business schools in California, look no further. MetroMBA has provided a list of the best graduate business programs that prospective applicants should consider. San Francisco, Los Angeles and San Diego offer diverse industry opportunities for someone attempting to re-locate, researching or expanding their career opportunities or developing their entrepreneurial skill-set to become the next Silicon Valley start-up. You can also utilize the MetroMBA Program Search Tool if you are looking to compare these schools and programs side-by-side, sorting by categories that include tuition , whether or not the GMAT/GRE is required and more.

This article is sponsored by our partner Santa Clara University: Santa Clara University’s Leavey School of Business offers one of the nation’s best graduate business programs and is ranked No. 11 Executive MBA by U.S News & World Report, No. 25 Evening MBA by US News & World Report,  #10 MBA Speciality in Finance , #20 MBA Specialty in Entrepreneurship according to U.S. News & World Report and No. 25 ranked Online MBA by The Princeton Review. Click here to learn more.

Stanford Graduate School of Business

The Stanford School of Business is routinely atop many major rankings lists and is known as one of the elite MBA programs in the world.  The school is situated just off El Camino Real, on the eastern side of Stanford University’s campus in Palo Alto, California.  Stanford’s MBA program is known for its small size, which creates an intimate academic setting. Due in part to its close proximity to Silicon Valley, the school is also well recognized for its strengths in entrepreneurship and the technology industry. Stanford University enrolls around 800 students in its MBA program at a given time. Most recently, 419 students enrolled in the Class of 2020. The one important factor to consider is that Stanford only offers a full-time, two-year residential MBA program.  If you are not ready to drop everything to attend a full-time MBA program, this school might not make your list.

UC Berkeley – Haas School of Business

The Haas School of Business also routinely ranks among the top business schools in the world. However, if you are looking for a prestigious MBA program and do not want to drop everything to attend a full-time program, the Haas School of Business also has a top-ranked part-time program to consider.  The accredited, rigorous, three-year Berkeley Haas part-time MBA program, also known as the Evening & Weekend MBA, is specifically designed to support working professionals by providing the opportunity to earn a graduate business degree on a part-time basis while accelerating their careers. While most students finish the program in three years, it can be completed in as little as 2.5 years.

University of California Los Angeles – Anderson School of Management

The Anderson School of Business falls within the top 20 in most business school rankings. Their last full-time MBA class saw roughly 76 percent of their graduates securing job offers before graduation, while that number increased to 90 percent three months after graduation.  Another strength for the Anderson School of Management is their highly-touted part-time MBA ranking, which is consistently a top 5 ranked program. UCLA alumni are heavily integrated in many industries throughout Los Angeles, making their part-time MBA program a highly sought out program for students not looking to sacrifice their ability to earn an income for a full-time program.

University of Southern California- Marshall School of Business

Like the Anderson School of Management, the Marshall School of Business is consistently a top 20 business school globally. Southern California is an ideal destination for full-time students who are looking to re-locate to the west coast.  In addition, an estimated 93.6 percent of USC Marshall 2018 grads were employed within three months of graduation, earning an average starting salary of $122,634. The average signing bonus, for graduates that earned one, was $33,065. 

Another strength the Marshall School of Business has as a business school, is their top-ranked online MBA program.  A defining element of the Marshall Online MBA is its use of a full range of technological learning tools to create an engaging online learning experience and provide students with practical skills, such as virtual collaboration, that apply to today’s global, digitally-driven business environments.

Live online class meetings take place two to three times per week, on any day of the week, and last between one and two hours. The schedule accommodates working professionals and varies each semester.

San Diego State University – Fowler College of Business Administration

Although the San Diego State business school does not have a top 25 ranked MBA in the major publication rankings, they do have a strong MBA in Sport Management.  The San Diego State University Sports Management MBA program is generally completed in 18 months. Students spend the first year completing academic coursework, and then they work on a six-month consulting project. Additionally, it is the only Sports MBA in California fully accredited by the AACSB International (Association to Advance Collegiate Schools of Business).

Pepperdine University – Graziado Business School

If you are a veteran and considering an MBA program, one of the top business schools to immediately research is the Pepperdine Business School.  Their MBA focuses on serving veterans by being a Yellow Ribbon Program. The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) allows institutions of higher learning to enter into a voluntary agreement with the Department of Veterans Affairs (VA) to contribute funds to a veteran’s unmet tuition and certifiable fee charges (student health insurance fees) when those charges exceed the amount payable under Chapter 33.  The Pepperdine Business School also offers the Ahmanson Veteran Scholarship Initiative, which provides funding to twenty-four private colleges and institutions in California with a goal toward enrolling, supporting and graduating more student veterans.

University of California San Diego – Rady School of Management

The Rady School of Management is best known for their Executive MBA program and Flex MBA program among the major publication rankings. In 2018, the Economist ranked Rady as the best school in California for overall faculty and student rating of teaching quality. Both of these part-time programs enable students to meet goals they and their organizations have set for their educational and professional development, making this a program to consider for workers who are looking to balance their current career and their MBA.

Santa Clara University – Leavey School of Business

The Leavey School, based in San Francisco, should be highly considered for anyone looking to relocate to Silicon Valley. They continue to increase their rankings among numerous publications including U.S. News & World Report and The Princeton Review. Their executive MBA program, ranked 11th by U.S. News & World Report has an entrepreneurial focus that has a focus on C-Suite foundations. Additionally, they are ranked the 20th best MBA specializing in entrepreneurship by U.S. News & World Report. Both of these programs should be highly considered for anyone looking at Silicon Valley to continue or pursue their career or begin a billion dollar start-up known to exist in the heart of San Francisco.

University of California Irvine – Merage School of Business

The Merage School of Business finds itself as one of the mid-tier MBA programs according to major publications, with the U.S. News most recently ranking is the 67^th best business school in the United States.  Strengthening its position is their part-time MBA program, which is ranked 27^th on U.S. News.  The Merage School of Business location is a strength but, also a weakness depending on your perspective since it is located between Los Angeles (about an hour drive) and San Diego (about 75 minute drive).  Full-time and international students who are looking to move to the West Coast should target UC Irvine due to its professional relationships in both Los Angeles and San Diego.

UC Davis Graduate School of Management

The UC Davis online MBA recently partnered with 2U, an educational technology company that contracts with non-profit colleges and universities to offer online degree programs. The company also partners with MBA@UNC (#2 ranked online MBA according to U.S. News) and other high-caliber online programs. Additionally, U.S. News recently ranked the UC Davis business school as the 48^th best in the United States.  As the third largest public university in California, trailing only UCLA and UC Berkeley, the UC Davis Business School should be highly considered for both applicants interested in pursuing a climbing online MBA or looking to relocate via a full-time MBA program.

Online MBA Homepage

The 5 Best Online MBA Programs

University of Florida Online MBA

The University of Florida Hough Graduate School of Business offers three Online MBA options through its Hough Graduate School of Business. The Hybrid One Year Online MBA program is designed for students who have earned a business undergraduate degree in the past seven years. The Hybrid Two Year Online MBA is offered to candidates from any academic background or those who earned a bachelor’s in business more than seven years ago. UF recently introduced its 100 percent fully-online 24 month traditional Online MBA, recommended for students that prioritize schedule flexibility.

Kelley School of Business – Indiana University – Online MBA

The 51-credit Kelley School of Business Online MBA features 39 credits worth of required courses, with the remaining 12 credits allocated toward electives related to students’ career focuses. Classes are offered starting in fall and spring.

The online program also offers a unique in-person AGILE (Accelerating Global Immersion Leadership Education) course each quarter, which provides students a chance to travel to international business destinations in countries like Brazil, China, and more

University of North Carolina – MBA@UNC – Online MBA

MBA@UNC blends top-20 ranked UNC Kenan-Flagler’s world-class curriculum, faculty and resources with the flexibility of online learning. Students network face-to-face with accomplished leaders, develop the insights to lead top organizations and earn the same degree as on-campus students.

MBA@UNC, offers ambitious working professionals from anywhere in the world the opportunity to earn an elite MBA from UNC Kenan-Flagler. Through the use of innovative technologies and real-world immersive experiences, MBA@UNC blends the flexibility of a global online program with the rigor, quality and classroom interaction of an on-campus experience

Tepper School of Business – Carnegie Mellon University – Part-Time Online Hybrid MBA

MBA@UNC blends top-20 ranked UNC Kenan-Flagler’s world-class curriculum, faculty and resources with the flexibility of online learning. Students network face-to-face with accomplished leaders, develop the insights to lead top organizations and earn the same degree as on-campus students.

MBA@UNC, offers ambitious working professionals from anywhere in the world the opportunity to earn an elite MBA from UNC Kenan-Flagler. Through the use of innovative technologies and real-world immersive experiences, MBA@UNC blends the flexibility of a global online program with the rigor, quality and classroom interaction of an on-campus experience

Online MBA Resources

Online MBA Programs that do not Require the GMAT/GRE

One of the main reasons applicants should consider pursuing an online MBA program that does not require the GMAT/GRE is because it allows applicants to receive an admissions decision without having to study for and take the GMAT/GRE.  Learn more about online MBA programs that do not require the GMAT or GRE.Read more

Online MBA Programs that do not Require Work Experience

There are MBA programs that do not require work experience or offer waivers if you meet other select criteria such as military experience.Read more

Real Humans Series: Ross School of Business

The Michigan Ross Online MBA offers potential students one of the most personable options among the world’s elite business schools. Unlike many online programs, Ross Online MBAs have the choice to attend elective courses at the school’s official Ann Arbor, Michigan campus. In addition, the time to complete the degree is also flexible, with students finishing the program between two and three-and-a-half years.Read more

Frequently Asked Questions

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5 Questions with MBA Admissions: Georgia Tech Scheller College of Business Executive MBA

In our latest installment of the MetroMBA “5 Questions” series, we speak with Lael Whiteside, Executive MBA Recruiting Manager,  from the Georgia Tech Scheller College of Business. Whiteside talks about the advantages of their Executive MBA and the ‘typical student profile’ among other hot topics.

How does this program differentiate from other offerings at your school and other programs in the EMBA space? 

Since it was founded in 1885, Georgia Tech has been at the forefront of technology and innovation.  The Executive MBA program at Scheller College of Business is no exception, bringing together top business leaders with innovative ideas and technological advancements.  Our students learn to solve complex problems, gain helpful analytical skills, and take on leadership roles to foster team dynamics.  All of the skills developed in the classroom over the weekend can be applied when you set foot back at work on Monday.

What is the typical profile of a student who would benefit most from this program and what characteristics are your admissions team looking for?

A common myth among applicants is that you have the be an “executive” to apply to an executive MBA program.  Most students in the EMBA program average 10 to 15 years of work experience and bring a wealth of knowledge from a variety of industries and functional areas into the classroom. Those who benefit most from this program are looking for innovative ways to approach their careers and find new ways to challenge the status quo. As far as characteristics, the admissions team places value in a prospective student’s leadership abilities, willingness to tackle complex problems and/or challenges, desire to progress in their career and in their academics, and in their initial goal or purpose in pursuing an MBA, as well as their ability to work well in a team environment.

How does your school assist with career services and how does your program enhance a student’s profile as a job applicant?

The mission of Executive MBA Career Services is to ensure that prospective students are provided with the coaching, the resources, and the tools to support them in proactively managing their career. Whether they plan to progress within their current organization, change your direction, or consider an entrepreneurial route, the career management skills we share are instrumental in enhancing their marketability.

 What is one insider tip you can provide prospective applicants about applying to the Georgia Tech Executive MBA?

I would say that a prospective applicant should make use of the optional consultations offered by the program to help them determine if an MBA makes sense for their career and what they are trying to accomplish. They should also make sure they understand the Executive MBA format and curriculum before submitting their online application.

If you had to choose one book for a potential GT Scheller EMBA to read before enrolling, what would it be?

“Start with Why” by Simon Sinek.  Challenging the way you view a problem is the main focus of Sinek’s book, and that’s exactly what earning an MBA will do for you as well.  Sinek compares leaders and organizations that have disrupted industry by asking one question: Why?  Earning your MBA will challenge you to view problems from a new point of view and find innovative solutions to tackling today’s business challenges. 

Top MBA Recruiters: Bank of New York Mellon

If you’re interested in the world of investment, look no further than the Bank of New York Mellon (BNY). Founded in 1784, BNY Mellon is based in New York City, one of the financial capitals of the world. 

It’s a great place to build a career, and with nearly $2 trillion in assets, BNY Mellon has plenty to offer MBA graduates and students. Find out about the work culture, benefits, and all that this company has to offer to find out if it’s the right fit for you.

About Bank of New York Mellon

This investment company might be based in New York, but it’s global. So for those of you with dreams of living in India or Israel, you’re in luck. BNY Mellon has locations around the world for both customers and employees. Approximately 51,300 people work for the company, and they don’t all specialize in financial management. 

All types of MBA students and graduate may find a role in this global banking institution. The U.S.-China trade war hasn’t been helping the company’s profits too much, but with more than 200 years of experience under its belt, BNY Mellon is sure to bounce bank.

Working at Bank of New York Mellon

This definitely isn’t a place for the faint of heart. Working at this company requires serious work and commitment. One of the employees profiled on BNY Mellon’s company page is sure to note that you’re among the best of the best, and everyone is out here doing the most. 

“The most rewarding part of my job is that every day presents a new challenge and I never feel that my work is repetitive. It is exciting to come into work every day not knowing what to expect, and I can feel confident that my team values my contribution.” – Cody, associate in BNY Mellon’s Emerging Leaders Program

The company also appears to take career mobility and well-being seriously. So, all that hard work should eventually earn you a promotion and a raise. And it shouldn’t come at the cost of your health. BNY Mellon even won an award in 2017 for its healthy lifestyle! 

People of color should feel welcome, too, as the company prides itself on its efforts toward improving diversity and inclusion. Though only 34 percent of its U.S. workforce are people of color, 42 percent of new hires based in the U.S. are people of color. That shows some progress, which is impressive for such a giant corporation. 

Current job openings include:

• Specialist, ALM Liquidity – Vice President
• Sr. Wealth Strategist
• Lead Analyst, Client Service
• Specialist, Treasury and ALM
• Spec, Tech Risk Mgmt

BNY Mellon Salary and Benefits

Now, time for the real talk. How’s the money look? Well, the average salary is $71,000, according to Payscale. However, reach the vice president level or go into information technologies, and your salary is likely to double closer to $140,537. 

BNY Mellon offers parental and family leave, as well as flexible work arrangements. And, of course, there are the basics: health insurance, retirement planning, and paid time off. 

Applying to Join Bank of New York Mellon

To apply:

1. Take the BNY Mellon Career Quiz
2. See what job openings are available within your results
3. Apply!

Read up on tips for interviewing with the company.

5 Questions with MBA Admissions at Ivey Business School

In our latest installment of the MetroMBA “5 Questions” series, we speak with John-Derek (J.D.) Clarke, Executive Director of Masters Programs Recruitment and Admissions at Western University’s Ivey Business School. Clarke talks about how Ivey develops business leaders, what makes an ideal Ivey MBA candidate, what to know before applying, and much more, below.

1.    If you had to describe how Ivey fosters successful business leaders to someone who has never heard of the school, what would you tell them?

“Ivey Business School teaches using the case methodology. Our focus is on developing leaders through case studies, and we are the only case-based program in Canada.

“This method places students in the role of the decision-maker. You can’t lecture someone on being a great decision-maker. Instead, we use an action-oriented and dynamic approach that allows students to deal with the challenges and complexities of real-world business while still in the classroom. Through tools and analysis, students experience what it’s like to put their recommendations into action—actually making them happen.

“The classroom environment is also really discussion-based, which provides opportunities for students to learn on the fly, pivot their thoughts, and deal with someone who may disagree with their point of view. It’s not just about gaining knowledge but getting experience. No matter what subject they’re studying, students get a strong sense of confidence in their decision-making and leadership skills with over 300 cases a year.”

2.    Is there any particular type of student that tends to flourish in the program?

“We are looking for somebody that is engaged in the program and the learning process. Students need to come to class prepared with their case studies and their point of view. They are expected to be fully engaged with discussions and the overall Ivy community, as well. I have a poster frame in my office that says, ‘Work hard and be engaged with others,’ and that pretty much defines our students.

“As for the type of applicants we look most closely at, there’s not a particular background that we want more than any other. It’s so important that applicants don’t self-select themselves out of any program or doing an MBA. We are looking for tomorrow’s leaders and they come from all different types of backgrounds. The key is how you articulate your accomplishments and impact in the workplace and beyond.

“When you’re applying to MBA programs, it’s important to not just describe what you do, but how you do it. A track record of your accomplishments and impact in the workplace, no matter the industry, is vital to your application success.”

3.    Is there any particular activity, club, extracurricular, or international exchange program that you want to highlight?

“We have over 45 student clubs. Some of those clubs are industry-focused while others are more personal interest-oriented, such as the culinary club. In either case, there’s a club for anyone and everyone. We have a little bit of everything to support a true representation of diversity on the Ivey campus.

“I also want to mention our international trip electives. These courses are designed to offer students an understanding of global business. In particular, our International Study Trips take students to China or South America to visit local businesses, make connections with business leaders, and join in cultural activities. Around 70% of our MBA students choose this elective in either finance, entrepreneurship, corporate strategy & leadership, international management, or marketing.

“Last, but certainly not least, I want to mention the Ivy LEADER Project that happens once the MBA program is completed. It takes students to developing nations and is designed to empower promising entrepreneurs around the world. Students teach foundational business administration and entrepreneurial skills, with the idea to elevate the entrepreneurial ventures in communities. It’s all student-run and student-led, which makes it highly unique.”

4.    What essential piece of admissions advice would you give to prospective students?

“The biggest piece of advice I can offer applicants is to contact us and work with us early in the process. Our role is to help individuals put their best foot forward. Let us get to know you ahead of time and not only when you hit the submit button on your application.

“Applicants should also consider reaching out to alumni on LinkedIn or through our Student Ambassadors. It’s really important to get to know the program, the culture, and the community. The goal should be to feel comfortable with the program and how you fit in it.

“At the end of the day, the candidate has to put the work on their application, but we’re there to help guide them. Think of us like a personal trainer at a gym. We’re not doing the work for them, but we’ll guide them on the best exercises, how to use the machine, and what they need to do to succeed. Choosing to earn your MBA is a big decision for many people, and our job is to help remove anxiety and to help them put their best foot forward.”

5.    What is your favorite online blog?

“I used to read a lot of blogs, but now I prefer podcasts. Currently, my favorite podcast is the HBR IdeaCast. When you apply to MBA programs, you need to demonstrate a passion for business, so it’s important that candidates listen to various blogs and podcasts all about business. HBR IdeaCast is a good place to start.”

Top U.S. Schools That Don’t Require the GMAT/GRE

Applying to a full-time MBA program without a GMAT or GRE is hard to come by for the world’s best MBA programs. Most top U.S. business schools require a competitive GMAT/GRE score to be considered for admissions. However, due to COVID-19, there are a number of top schools that do not require the GMAT or GRE by offering GMAT/GRE waivers.

If you are an MBA candidate who’s not great at taking tests or earned a low GMAT score, don’t worry; you’re not out of luck. There are five programs in the U.S. that will accept your MBA application without the GMAT/GRE, as long as you meet certain specific other requirements.

These are the top U.S. schools that don’t require a GMAT/GRE.

The University of Virginia – Darden School of Business

At the Darden School of Business for select candidates, a standardized test may not be necessary. As a pilot for the 2020-21 application cycle (for the Class of 2023), Darden announced a standardized test (GMAT/GRE) waiver request.

For some candidates, particularly those who meet several of the criteria outlined below, a test score may not be needed for the Darden Admissions Committee to assess their preparedness.

Waiver requests will be evaluated on a case-by-case basis, and the Darden Admissions Committee will consider a number of factors when evaluating these requests. Particular regard will be given for indicators of academic and professional accomplishment, including but not limited to:

• A strong undergraduate and/or graduate record, including performance in analytical coursework or disciplines
• CPA or CFA designation or other professional certification
• Master’s or advanced degree in an analytical discipline
• Seven or more years of progressive, professional work experience in an analytical field
• Strong performance on a U.S. college admissions test (SAT or ACT) or a national exam administered for admission to bachelor’s study in other countries

These factors will be considered in combination with resume and transcripts for all degree-related coursework. Candidates who present a strong profile across several criteria (including supporting materials) are more likely to be granted a test waiver than candidates who meet only one criterion.

Candidates who believe they may qualify for a test waiver on the basis of the above criteria should submit a test waiver request.

Indiana University – Kelley School of Business

The Kelley School of Business Full-Time MBA program admits high-potential applicants for their academically rigorous curriculum. Kelley typically requires the GMAT or GRE as one demonstration of quantitative and analytic capability. In light of the recent challenges associated with taking standardized tests due to COVID-19, candidates may apply for a waiver of this requirement and submit other evidence of their academic qualifications.  Kelley anticipates awarding GMAT/GRE waivers for a small percentage of their incoming class.  In evaluating waiver requests, Kelley considers many factors, including rigor and achievement from previous undergraduate and graduate degrees, evidence of work experience requiring analytical and quantitative skills, and post–bachelor’s degree career growth including demonstration of leadership.

To request a GMAT/GRE waiver, you must complete the following two steps:

1. Complete and submit the Kelley online information request form (to ensure that we have your most current contact information); and
2. Submit via email (iumba@indiana.edu) a current professional resume, your unofficial or official undergraduate transcripts (and graduate school transcripts, if applicable), and a brief statement (500 words or less) summarizing why you believe you qualify for a waiver.

The University of North Carolina – Kenan-Flagler School of Business

The UNC Kenan-Flagler Full-Time MBA considers standardized tests such as the GMAT or GRE are a as a beneficial way for their Admissions Committee to evaluate the likelihood of academic success in their Full-Time MBA program, they recognize that some candidates can build a strong case for admission based on degrees earned, academic experience, professional milestones, or certifications. GMAT/GRE waivers are available for new applicants to the UNC Kenan-Flagler Full-Time MBA class of 2023.

Important points to consider before requesting a GMAT/GRE waiver:

• Be objective about your strengths and weaknesses in order to put together the strongest application! Consider whether a test score may help supplement your academic achievements.
• Candidates who present a strong profile across several criterion – such as five or more years of progressive work experience, earning secondary or terminal degrees (i.e. master’s, PhD, JD, MD), professional certifications with a quantitative focus (i.e. U.S. CPA or CFA Level III), or strong test results from the Executive Assessment, LSAT, or MCAT – are more likely to be granted a test waiver.
• Test scores are often a beneficial data point (but not required) for the Fellowship Committee when evaluating an admitted student for a fellowship award.
• Some employers use (or require) test scores during initial screenings, particularly in finance and consulting.
• Receiving a GMAT/GRE waiver does not guarantee admission to the program, and for some applicants, formal offers of admission may be based on the successful completion of Analytical Skills Workshop (ASW) prior to the start of the program.

The University of Texas – McCombs School of Business

The McCombs Full-Time MBA is providing the opportunity to petition for a special test score exception, if you have not been able to take the GMAT, GRE, EA, or TOEFL exams due to the following reasons related to COVID-19:

Applicants who meet both of the criteria below have the opportunity to petition for a special test waiver:

•   You are unable to take an exam in-person at a designated testing center due to lack of availability in your region, or because you or someone in your household is immunocompromised, AND    
•   You are unable to take an exam online due to lack of availability in your region, technology or other test-taking requirements (e.g. device availability or compatibility, slow internet connection, testing environment) 

If you do not meet both of these criteria, McCombs requires that you complete the standardized tests prior to submitting your application.

The University of Minnesota – Carlson School of Management

The Carlson School of Management continues to be one of the best MBA programs in the midwest.  Candidates applying for admission to the Carlson Full-Time MBA program may be eligible for a GMAT/GRE waiver if they meet the following criteria:

• Must have one of the following:
  • Previous undergraduate degree with 3.2+ cumulative GPA at an accredited institution using a 4.0 scale or better (domestic or international)
    • Demonstrates quantitative ability through coursework (ex: Statistics, Engineering, Accounting, etc)
  • Previous undergraduate degree in a STEM (Science, Technology, Engineering, Mathematics, etc) field with a 3.0+ cumulative GPA at an accredited institution using a 4.0 scale or better (domestic or international)
• Must have one of the following additional requirements:
  • 5+ years of full-time professional work experience
    • Note: internships or co-ops cannot be included. Graduate assistantships and fellowships can be included.
  • 4+ years of full-time military experience
  • Graduate (masters or doctoral) degree
  • Professional credential of CPA or CFA

Please note that a candidate must meet both areas requirements of the waiver process in order to be granted a waiver.

The Ohio State University – Fisher College of Business

The Fisher Full-Time MBA will consider your application without a GMAT, GRE, or EA test score as long as you meet the following minimum qualifications:

• Earned a 3.2 (on a 4.0 scale) undergraduate cumulative GPA or higher; and
• Achieved a grade of B or better in at least two college-level quantitative courses (algebra or higher); and
• Have a minimum of 4 years of post-baccalaureate work experience. You may not request a waiver if you have already taken the exam and requested your scores be sent to The Ohio State University.

The decision to grant the GMAT/GRE/EA waiver is made at the discretion of the Fisher Admissions Committee. Should the committee decide that a GMAT,GRE, or EA score is needed to fully evaluate your candidacy for the MBA program, you will be informed once your application has been initially reviewed.

In summary, if you are preparing your MBA application, be sure to review each schools official GMAT/GRE waiver process to ensure that you meet the requirements to request a GMAT/GRE waiver so you can attend a top-tier program.  The U.S. schools that do not require the GMAT/GRE during COVID-19 may continue to expand, so stay up-to-date by registering with MetroMBA for more announcements.

Additional Resources:

MBA Programs that do not require the GMAT or GRE

Top Canadian schools that do not require the GMAT or GRE

GMAT/GRE Waiver Guide

MBA Job Profile: Equity Research Analyst

Many MBA students interested in a finance career think of working in corporate finance, commercial banking, financial planning, or investment banking. Rarely do they consider the more mathematically-inclined, analytical options. However, a career in equity research can be a top career choice for many finance students. It’s a valid career option for someone who is less interested in sales and communication and more interested in research, analysis, and strategy.

So, what exactly is an equity research analyst?

An equity research analyst helps analyze stocks so that portfolio managers can make better-informed investment decisions. They research companies, look at share prices, and issue recommendations on investments and M&A deals. Sometimes considered the un-glamorous and lower-paid cousin to investment banking, equity researchers are great problem solvers tasked with developing screening tools and investment models to help manage portfolios.

To be a great equity research analyst, you’ll need to be able to:

• Identify patterns in the marketplace.
• Interpret data to understand and predict a security’s behavioral outlook.
• Quantitatively analyze a stock’s statistical data compared to recent market activity.
• Create algorithms that identify stock investment opportunities.
• Understand the differences between international markets to cross-compare domestic and foreign stocks.

Equity research analysts begin their careers with a lot of financial modeling and analysis of a specific sector or group of companies. There is typically limited buy-side client interaction or interaction with top management. However, over time, your responsibilities will evolve to more report writing and formulating investment opinions and theses.

Equity Research Analyst Work/Life Balance

While an equity research analyst works long hours—typically 12-hour days—that’s nothing compared to investment banking. You may have busy seasons and times, but for the most part, your job will be relatively calm and offer some work-life balance.

Equity Research Analyst Career Advancement

However, the equity research analyst career path is less defined. You’ll generally start as an analyst for a few years before moving up to senior analyst, vice president, and then director of research. But that can be a slow process because you’re not considered as essential to the bottom line as the firm’s investment bankers.

Equity Research Analyst Salary Expectations

According to Payscale, the average equity research analyst salary is $77,901 a year with a $19,851 bonus. However, the actual range is between $53K and $143K with the largest and most prominent firms offering the highest salaries. Glassdoor’s average base salary is closer to $94,383 with analysts at J.P. Morgan earning $101,327 and Goldman Sachs analysts earning $99,699.

The majority of equity research analyst jobs are located in major metropolitan areas such as New York City, Chicago, Boston, and San Francisco, which means cost-of-living should be considered. You’ll find the highest-paid positions at private equity firms and other large financial services institutions.

Getting Started

At the minimum, you’ll need a bachelor’s degree to become an equity researcher and typically start out as an associate. Even then, a bachelor’s degree is typically not enough to get you a job at a top investment firm. Instead, you’ll need either a CFA designation or an MBA.

The CFA is mandatory for security analysis and can be earned more quickly and cheaply than an MBA. However, with an MBA you’re more likely to have the professional network you need to earn a position at a top investment firm.

Top MBA Programs for the Job

Since a career as an equity research analyst is closely linked to investment banking, the top MBA programs are fairly similar. A few solid MBA program choices include:

NYU Stern

NYU Stern is a top school for a career in investment banking and equity research. The banking specialization covers risk management and other related topics with classes such as credit risk, valuation, and risk management in financial institutions. There is also a quantitative finance specialization specifically for more mathematically-inclined finance careers. You’ll learn stochastic processes, statistics, and applied economics.

Columbia Business School

At the Columbia Business School, the Investment Banking Club provides an opportunity to learn investment banking and recruiting, helping students develop strong relationships in the industry. There is also a specific Equity Research Club, which is designed to educate, inform, and bring together Columbia MBA students interested in this career field.

University of Chicago Booth

The Investment Banking Group at Chicago Booth is equipped to help MBA students learn about the investment banking industry. The goal is to guide students to landing a successful career at an investment bank. There’s also an Analytical Finance concentration designed for students interested in risk management, equity research, and more. Classes include Advanced Investments and Advanced Models of Option Pricing and Credit Risk.

Georgia Tech’s Full-Time MBA Recruiter Answers Our 5 Questions

In our latest installment of the MetroMBA “5 Questions” series, we speak with Amy Hayes, Full-Time MBA Recruiter at the Georgia Tech Scheller College of Business. Hayes talks about what makes an ideal Georgia Tech MBA candidate, what to know before applying, and much more, below.

1.) What Advantages Does a GT Scheller MBA Have Compared to Other Offerings in Georgia?

“What makes Georgia Tech Scheller College of Business stand out is the way our curriculum and experiential learning opportunities explore the intersection of business and technology. Many of our students do come from a technical educational and professional background; however, we have nearly as many who don’t. All students are looking to address gaps, in technology or business acumen or both, to prepare to pivot into a new career or to gain a better framework for decision-making. In other words, our program is approachable no matter your background is. Our aim is to produce MBAs who understand how technology drives innovation in any industry. A general understanding of technology’s power is vital to any role. While many of our students take a broad approach to our flexible curriculum, we offer concentrations in seven functional areas and nine interdisciplinary areas that often draw students into our flagship coursework in Business Analytics, Strategic Sustainability, Marketing, Supply Chain and Innovation.

Additionally, Scheller is located not just in Atlanta, but specifically in Midtown Atlanta’s Technology Square. Our students benefit from an innovative ecosystem comprised of major global corporations, emerging tech companies, and many corporate innovation centers strategically placed to draw from Georgia Tech talent. This location positions students well with opportunities advantageous for networking. Among our extraordinary 12 practicum offerings, students are not only partnered with companies based outside of Atlanta (including Nike, IHG, Bank of America, Samsung, AT&T) but also work with neighboring businesses where there is opportunity to meet face to face regularly with executives of these organizations (including Coca-Cola, Delta Air Lines, The Home Depot, NCR).”

2.) Is There a “Perfect” Kind of Candidate That Fits the School’s MBA Mold?

“Actually, we prefer to look at how a candidate can break the mold. What is it about your experience, your background, your career goals that will bring a diverse perspective to our program? Sure, we aim to bring in students who can be successful in the classroom and who we can successfully serve in terms of career placement, but I feel lucky to get to recruit prospective candidates with different stories and unique individuals to Scheller. Given our small program size of around 160 students, we have a tight-knit, collaborative community that commands intentionality in finding bright candidates with good character, great personalities, open-mindedness, and willingness to help others. I’m certainly held accountable by our current students to uphold our values in the recruiting process, and I wouldn’t have it any other way. I love that they have a vested interest in who they will work and play alongside!”

3.) What Would You Say Students Need to Prioritize the Most Before Applying?

“I think as much as anyone dreads standardized testing, applicants should know that your performance on the GRE or GMAT is the one application area you can impact the most. Transcripts from undergrad are set in stone, and your work experience is what it is. Intentionally preparing for the GRE or GMAT and planning to test multiple times will not only help you achieve better results for admission and funding but might also set you up for better job placement as some industries will evaluate these scores in recruiting. When considering full-time MBA programs, it’s best to approach the testing phase with determination instead of dread.”

4.) What Would You Say Applicants Need to Worry Less About Before Applying?

“My recommendation is to worry less about exact courses you will take and mapping your MBA experience out before you get here. Having some degree of clarity about career goals and how certain classes or experiences within a program will help you get there is great to highlight in essays and interviews, but you should also be open-minded. Curiosity is a very attractive quality when we’re evaluating candidates at Scheller; and, I’m sure many programs would say the same. You’ll receive wonderful advising when you get to our program pertaining to curriculum and career goals. We find our candidates who are flexible and join clubs or take classes in areas they didn’t know they’d be interested in have the best experiences and see the most success in the long run.”

5.) If You Had to Choose One Book for a Potential GT Scheller MBA to Read Before Enrolling, What Would It Be?

“I would recommend Grit: The Power of Passion and Perseverance by Angela Duckworth. It would be beneficial both in applying to business schools and in preparing to start business school as it contends that the best thing to arm yourself with is resilience. The application process is a journey in finding the best fit for you and you might have disappointments and new information coming to you that could shift the course you’ve charted for yourself. Your “dream school” might change. And, your business school journey might bring big challenges early on as you navigate the transition back into the classroom, are tested in your quest for a summer internship, and enter a world in which feedback freely flows from your classmates, career advisors, faculty, and even acquaintances. Your MBA experience will stretch you, but the return on your hard work will come in the ability to receive coaching and the perseverance you’ll carry with you throughout your career.”