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 co-ops, consulting projects, and international study 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 in each program except the EMBA into cohorts of 25 to 35 students who take each course together. One to two-week optional international learning experiences are also available for students in each cohorted in-person program, 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, or a customized specialization.

Graduate minors are also available in 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, and Project Management.

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

Class Profile

Recent data shows that matriculating 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 LeBow Career Services department offers individual counseling, employer information sessions, workshops, career research materials, and an integrated online portal system for job hunting called the Career Gateway.

Graduates of the Drexel University Full-Time MBA program tend to find work in the region. Of recent graduates, 71 percent work in the Philadelphia area, 7 percent in the metropolitan area of Washington, D.C., 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 $1,308 for new students. At 49 credits, tuition paid over the course of the MBA program totals $61,495 or $64,092, 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 the MBA program. It cannot be combined with Dean’s Fellowships or Awards, assistantships, or other aid that is specific to the college.

The Dean’s Fellowship is available to students who can maintain a 3.0 minimum GPA. Other aid is offered in the form of the Drexel-Kaplan Graduate Degree Advantage Program, which gives students who have taken a Kaplan GRE/GMAT prep course a tuition credit equal to the cost of the prep course.

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 for non-native English speakers. No minimum score is required on either exam.

Applicants are required to submit a paper or 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 $100 will be waived if the prospective student has attended an 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

Applications for all programs are considered on a rolling basis, and most students are notified of the committee’s decision within two to three weeks. The Admissions Office recommends early application for maximum consideration for scholarships.