LeBow College of Business – Drexel University - Full-Time MBA
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. Next is a three-month summer session that consists of hands-on learning opportunities. These opportunities include internships, consulting projects, and international residency options. The program is completed in 18 months. Students may accelerate their MBA journey and gain their degree in as little as 12 months.
The school operates on a 10-week quarter system. 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. Destinations, for instance, include Turkey, Greece, Hungary, Austria, China, and Germany. These trips are not included in the program cost.
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 comprises of 28 credits of required courses; three credits in an Experiential Elective and 18 credits in elective courses. Students can choose from seven different areas of concentration – Business Analytics, Strategic Technology & Innovation Management , Finance, Marketing, Supply Chain Management & Logistics, 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, including: a JD/MBA; MD/MBA; MS in Television Management/MBA; and the MS in Biomedicine and Business.
Full-Time MBA Rankings
- U.S. News & World Report: 90 (Best Business Schools)
Drexel Full-Time MBA 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 international. Around half of the graduating class was of minority or international status.
The top 5 states of employment for recent LeBow graduates were Pennsylvania, New York, Delaware, New Jersey and California. 65.04% of students found employment by graduation; 87.98% of those who graduated without job placement found a job within six months. Graduates found employment in a variety of industries including accounting, financial services, marketing, and IT. The average annual salary for LeBow graduate students is $58,710.
Tuition, Scholarships, and 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.
MBA students who earned their undergraduate degree from Drexel are eligible for The Grad Grant. 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.
Federal student loans are also available through the Free Application for Federal Student Aid (FAFSA). The university encourages students to investigate federal loan options, such as the Stafford Loan and the GradPLUS loan.
The admissions committee notes a preference for GMAT scores above 570. They also prefer 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 must submit an online application form, current résumé, academic transcripts, GMAT or GRE scores, essay, and two recommendations. The school will waive the $65 application fee 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.
Application deadlines are as follows:
Final Deadline (Domestic Students) – 09/01/22