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Rutgers Business School, Newark and New Brunswick - Full-Time MBA

Rutgers University Full-Time MBA Program Structure

The 21-month Rutgers University full-time MBA program mainly schedules classes during the day, with some electives offered in the evening or on Saturdays. Students have the option of completing an internship during the summer or taking classes to finish their degree sooner. There is one full-time MBA intake per year, and students enter RBS in the fall.

Curriculum

Students must complete 60 credits to earn the Rutgers University full-time MBA. Students begin the program in a single cohort and take all their core courses together. These seven core courses are Accounting for Managers, Ethics, Business & Society, Financial Management, Managerial Economic Analysis, Marketing Management, Operations Analysis, and Organizational Behavior. Students must also select three foundation courses out of six options, for a minimum of six credits. Foundation courses include Business Communications, Data Analysis & Decision Making, Information Technology for Managers, International Business, Business Law for Managers and Entrepreneurs, and Strategic Management. There is also an interactive course requirement with four options: Integrated Business Applications, Supply Chain Management Industry Project, Technology Commercialization & Entrepreneurship, or Urban Entrepreneurship & Economic Development. Students must also demonstrate their proficiency in Calculus and/or Statistics by the end of the first semester either through relevant previous coursework or by taking Calculus for Managers and Statistics for Managers at Rutgers.

The rest of the required credits are completed through taking electives. Students may also pursue one of ten concentrations or design their own customized concentration. Concentration options include Pharmaceutical Management; Supply Chain Management; Finance; Global Business; Analytics & Information Management; Marketing Research Insights & Analytics; Real Estate; Strategy & Leadership; Technology Commercialization, Innovation, & Entrepreneurship; and Marketing. These concentrations require a minimum of 15 elective credits to complete with Finance, Pharmaceutical Management, and Accounting requiring 18 credits.

In their first semester, full-time MBA students must also complete the non-credit Career Management Program Course, designed to help students prepare for seeking internships and full-time positions. Only after passing the course may students participate in on-campus recruiting.

Full-Time MBA Rankings

• U.S. News & World Report: 58 (tie)
• Bloomberg: 62

Class Profile

For the most recent full-time class, the average student was 29-years old and had completed about five years of work experience prior to enrolling. Students posted an average GPA of 3.31, while the average GMAT score was 683.

Career Statistics

The median salary for Rutgers MBA graduates is around $105,013.

The MBA Office of Career Management (OCM) facilitates employment opportunities for RBS students. The OCM teaches the Career Management Programs course, designed to help students position themselves as competitive candidates for jobs or internships, and offers other career-related services like résumé review or mock interviews. The office also manages the on-campus interview process, corporate presentations and Meet & Greets—career fairs exclusively for MBA students.

Tuition, Scholarships, and Financial Aid

For in-state residents, tuition for the Rutgers University full-time MBA is $26,922 per year. Those living outside of NJ pay $46,740 per year. This does not include additional fees. There is no separate loan program run by the school, so RBS encourages US applicants to apply for federal Direct and Direct PLUS loans by filling out the Free Application for Federal Student Aid (FAFSA). International applicants need to demonstrate that they have sufficient funds to cover education and living expenses since they are not eligible for federal or university-based financial assistance.

RBS offers scholarships to full-time applicants at the time of admission. The Rutgers Business School Graduate Scholarships Fund provides varying amounts of financial assistance based on need and academic potential. There are also a variety of endowed Fellowships and Scholarships linked to the school. Students should check with the admissions office or program directors to determine eligibility and availability.

Admissions

The Rutgers University full-time MBA program requires that students have completed at least two years of work experience before matriculation. In addition to an online form, applicants should submit their official academic transcripts, a $70 application fee, two letters of reference, a current résumé, GMAT or GRE test scores, and, in the case of international candidates whose native language is not English, a TOEFL score.

Applicants should also submit responses to two essay questions:

(a) The full-time MBA experience includes academics, recruiting, and networking. What are your personal priorities and how do you anticipate allocating your time at Rutgers Business School? (500 words)
(b) Our business school is a diverse environment. How will your experiences contribute to this? (250 words) An interview is also required for full-time applicants. Candidates who hold a PhD, JD, MD or PharmD are exempt from the GRE/GMAT requirement.

Application deadlines are as follows:

Round One – Nov. 15
Round Two – Jan. 20
Round Three – March 15 (final deadline for international applicants)
Round Four – Rolling Admissions

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