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LeBow College of Business – Drexel University

Drexel University Full-Time MBA Program Structure

The Drexel University full-time MBA program meets at the Gerri C. LeBow Hall on the Philadelphia campus and primarily offers daytime classes, with some evening classes scheduled as well. Classes begin in September, and the first nine months of the program are dedicated to academic coursework, followed by a three-month summer session that consists of hands-on learning opportunities, such as internships, consulting projects, and international residency options. The program is completed in 18 months.

The school operates on a 10-week quarter system, and Drexel LeBow encourages collaborative learning by grouping students into cohorts of 25 to 35 students. One to two-week optional international learning experiences are also available for students, with destinations including Turkey, Greece, Hungary, Austria, China, Vietnam, Argentina, Chile and Germany. These trips are not included in the program cost.

Curriculum

Students in all Drexel University full-time MBA programs must complete a total of 49 credits to graduate and maintain a cumulative GPA of 3.0 or above to remain in good academic standing. A course in which a student earns a “C” or below must be repeated in order to count towards graduation requirements.

The flexible plan of study, introduced in the Fall of 2017, is comprised of 28 credits of required courses; 3 credits in an MBA Residency Elective and 18 credits in elective courses. Students can choose from seven different areas of concentration – Business Analytics, Entrepreneurship & Innovation, Finance, Marketing, Supply Chain Management & Logistics, Accounting or a customized specialization.

Students may choose to pursue a graduate minor for their degree, offering an opportunity to pursue an additional area of functional study. Areas of study within LeBow include Business Analytics Management, Economics/Economics Data Analysis, Finance, Marketing, Operations Research, and Sustainable Operations Management. Students can also choose a minor outside the LeBow curriculum, including Arts Administration, Healthcare Informatics, Higher Education, Project Management, and more.

Dual degrees are also an option for LeBow students – the JD/MBA; MD/MBA; MS in Television Management/MBA; and the MS in Biomedicine and Business.

Class Profile

Recent data shows that matriculating students in the Drexel University full-time MBA program have completed on average five years of professional experience and average 28 years of age. Around 20 percent of students in the program are considered international.

Careers

The Graduate Career Services Team is committed to providing students with the tools and knowledge necessary to successfully navigate today’s job market and business needs. This team offers individual counseling, employer information sessions, workshops, career research materials, and an integrated online portal system for job hunting.

Graduates of the Drexel University full-time MBA program are successful in the region. Of recent graduates, 71 percent work in the Philadelphia area, 7 percent in the metropolitan area of Washington DC, 6 percent in the New York metropolitan area, and 16 percent elsewhere. The industry breakdown is as follows: 15 percent in Financial Services, 13 percent in Healthcare, 10 percent in Media/Entertainment, 8 percent in Education, 8 percent in Retail, and 46 percent in other fields.

Tuition & Financial Aid

Students currently enrolled in the full-time 18-month program pay on a per-credit hour basis, with the cost set at $1,255 for continuing students, and $1,306 for new students. At 49 credits, tuition paid over the course of the MBA program totals $61,495 or $64,000, for existing and continuing students, respectively.

Federal student loans are available through the Free Application for Federal Student Aid (FAFSA). Students desiring finance through loans are encouraged to investigate federal loan options including the Stafford loan and the GradPLUS loan, as well as loans available from private lenders. The Grad Grant is offered to MBA students who earned their undergraduate degree from Drexel. At $100 per-credit hour, the Grad Grant covers the first four consecutive quarters of study. It cannot be combined with Dean’s Fellowships or Awards, assistantships, or other aid that is specific to the college.

Students desiring finance through loans are encouraged to investigate federal loan options including the Stafford loan and the GradPLUS loan, as well as loans available from private lenders.

Admissions Procedures

The admissions committee notes a preference for GMAT scores above 570, a combined GRE score of 310 of above, and TOEFL scores above 90 or IELTS scores above 6.5 for non-native English speakers.

Applicants are required to submit an online application form, current résumé, academic transcripts for all undergraduate and graduate institutions attended, GMAT or GRE scores, essay, and two professional recommendations. The application fee of $65 will be waived if the prospective student has attended an open house or information session.

In terms of essay requirements, applicants to the regular MBA programs are asked to “describe in detail your reasons for pursuing a degree from LeBow College, your short-term and long-term career plans, and how your background, experience interests and/or values, when combined with a Drexel graduate degree, will enable you to pursue those goals successfully” in 500 words.

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