Owen Graduate School of Management – Vanderbilt University - Full-Time MBA
Owen Graduate School of Management Full-Time MBA Program Structure
The two-year, Vanderbilt Owen full-time MBA follows a traditional format, with four modules per year split between fall, winter, spring, and summer breaks. Within breaks, MBA students have optional short courses. The summer after year one in the program is used for internships, prepping students for a full-time career at the conclusion of the program the following year.
All required core and elective courses are worth two credits toward the completion of the program, with optional short courses worth either one credit or no credits. A total of 62 credits is required to complete the program. Like most full-time programs, the majority of core courses are usually completed within the first year, with the second year consisting primarily of elective courses.
The Vanderbilt MBA can be completed in two years, and it requires 62 credit hours of study. To facilitate rapid understanding of concepts, the degree operates on a modular system in which two seven-week “mods” make up one semester of study. This gives students the opportunity to cover a significant amount of material quickly.
In their first year, MBA candidates complete 11 core courses in financial accounting, managerial accounting, world economy, economics, finance, leadership, management communication, strategic management, marketing, operations, and statistics. Students then complete 12 hours of study in at least one concentration. MBA students may pursue concentrations in accounting, finance, general management, health care, human and organizational performance, marketing, operations and analytics, and strategy. In addition, students may obtain a career-focused specialization by completing 20 hours of study in brand management, corporate finance, human and organizational performance, or investment management. Students who are interested in gaining further knowledge in their concentration or specialization can complete one of three emphases: entrepreneurship, international studies, or real estate. Lastly, MBA students may take courses for credit from other Vanderbilt graduate schools such as the Law School, Peabody School of Education, or Medical School.
Vanderbilt Owen Full-Time MBA Rankings
• U.S. News & World Report: 29 (tie)
• Bloomberg: 30
• Forbes: 30
• Financial Times: 45
• The Economist: 29
Class Profile at the Vanderbilt Owen Full-Time MBA
The Vanderbilt Owen Full-Time MBA Class of 2022 is comprised of 182 students. They have an average age of 28, with a range of 20 to 40. The class has a median undergraduate GPA of 3.42, a median GMAT of 680, and a mean TOEFL score of 106. Women comprise 32% of the class and international students made up 13% of the class.
Ninety-six percent of the Class of 2020 received a full-time employment offer within three months of graduation. The average starting salary was $126,137. Financial services led the pack of industry choices, as 27% of graduates joined the field. Technology followed at 21% and consulting took in 20% of graduates. Sixteen percent of Owen students entered the healthcare field in 2020. Consumer products saw 6% of graduates and real estate 4%.
Forty percent of the Class of 2020 stayed in the South, with 29% settling in the Greater Nashville area. The next most popular destination was the Western U.S., claiming 16% of graduates. Fifteen percent headed to the Northeast, while the Southwest claimed 13%. Ten percent headed to the Midwest and 5% took jobs in the Mid-Atlantic region of the U.S.
Tuition, Scholarships, and Financial Aid
For the 2020–21 school year, tuition for the Vanderbilt Owen Full-Time MBA is $60,750 and the estimated total cost (including room & board and personal expenses) is $93,359.
Estimated Cost of Attendance
- Tuition: $60,750
- Maintenance Fee: $1,250
- Student Services Fee: $542
- Meals: $5,976
- Room & Board: $12,160
- Books & Supplies: $500
- Personal Expenses: $5,670
- Transportation: $1,484
- Loan Fees: $1,372
- Health Insurance: $3,650
- Total: $93,359
Note: Details listed above do not include living expenses for those that are housed on campus.
All applicants are automatically considered for merit-based scholarships. Scholarships can range from as little as $5,000, or the entire cost of the program. All students are considered for loans during the second year of the program, as long as their GPA is 3.0 or higher. Graduate assistantships are also available for select students. Other scholarship information can be found here.
U.S. applicants can help finance their education through Federal direct unsubsidized loans and graduates plus loans, as well as private loans. International applicants can apply for private loans, but a U.S. citizen co-signer is required. If not possible, international applicants can apply for private loans through Prodigy Finance or MPower Financing. Option details can be found here.
In order to apply to the Vanderbilt Owen full-time MBA program, applicants must submit:
• A completed online application
• Official transcripts
• A résumé
• GMAT/GRE Scores (GMAT preferred)
• One essay, one video essay, and one additional optional essay
• Two letters of recommendation
• TOEFL or IELTS scores (if needed)
• An application fee of $175
No work experience is required in order to apply for the Vanderbilt Owen full-time MBA. Interviews are an expected part of the vetting process, and may be completed on-campus, in other cities, or digitally, if requested by the admissions team.
2021-2022 Vanderbilt Owen Full-Time MBA Deadlines
|Round||Application Deadline||Decision Deadline||Deposit Deadline|
|1||Oct. 12, 2021||Dec. 17, 2021||Jan. 14, 2022|
|2||Jan. 5, 2022||Mar. 25, 2022||Apr. 14, 2022|
|3*||Mar. 29, 2022||May 6, 2022||May 20, 2022|
|4||May 16, 2022||Rolling Admission||Rolling Admission|