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D’Amore-McKim Associate Dean Named Board Member of GMAC
The Graduate Management Admissions Council has named D’Amore-McKim‘s Associate Dean of graduate programs Kate Klepper, as a new board member. Klepper joins the board at the same time as a new board chair and four other board members.
The Graduate Management Admissions Council was formed in 1970 as an education corporation under New York state law. The GMAC is responsible for the GMAT and follows the philosophy that business and management are critical to the economic and social well being of people worldwide. The council provides information and insights to improve decision-making about the discovery and evaluation of talent for MBA programs.
Full-Time MBA
Kellogg Full-Time MBA Program Structure
The immersive two-year Northwestern University MBA at the Kellogg Graduate School of Management begins in September. Students attend classes for the fall, winter, and spring semesters for two consecutive academic years. During the summer between classes, they complete an internship.
To complete the two-year, Kellogg full-time MBA program, students must complete a minimum of 20.5 credit units over the six quarters they are enrolled. Before beginning the second year of the program, students must finish the core coursework requirements.
Curriculum
The core curriculum consists of nine courses in fundamental areas of Accounting for Decision Making, Business Strategy, Finance, Marketing Management, Business Analytics, Microeconomic Analysis, Operations Management, and Leadership in Organizations. These must be taken during the first year of the program to move on to year two. A Leadership and Crisis Management pre-term course is required prior to the fall quarter of year two at which point students complete their final three quarters by taking an array of elective courses based on their specific career interests. By focusing on eight available areas of study, including majors in Accounting, Operations, Managing Organizations, and many more, most Kellogg students pursue two or more specific majors based on this second-year work.
Kellogg Full-Time MBA Rankings
• U.S. News & World Report: 3
• Bloomberg: 10
• Forbes: 3
• Financial Times: 11
• The Economist: 4
Class Profile
The Kellogg Class of 2021 full-time MBA program is comprised of 559 students. Nearly 40 percent of the new class are female students, with 60 percent male students. About 26 percent of the class is made up of international students and 36 percent of the class are U.S. minority-status students.
The undergraduate GPA of the class is 3.6, the average GMAT is 727, and most students have around five years of work experience. Students in the class are, on average, 27-years old.
Careers Statistics
A total of 680 full-time One-Year and Two-Year Kellogg MBAs graduated in 2020, with the majority of grads joining the consulting industry (36 percent), tech industry (28 percent), and the finance industry (15 percent). The average annual salary for those in consulting was $153,577 and the median signing bonus was $30,000.
Tuition, Scholarships, and Financial Aid
The Two-Year Kellogg full-time MBA program tuition is $74,871 per year. The total program cost estimated at $107,197 is based on the following costs:
• Tuition – $73,404
• Room and Board – $17,100
• Books and Supplies – $1,647
• Travel – $1,329
• Personal – $3,150
• Health Insurance – $4,170
• Computer Equipment – $1,200
• Student Activity and Experience Fee – $1,400
• Student Association Fee – $330
• First Year Fee – $2,000
There are numerous scholarships available to Kellogg full-time MBA students.
F.C. Austin Scholarships are awarded to 20 students admitted to either the Two-Year MBA or MMM programs who plan on pursuing careers in management. The scholarships cover about half the tuition for each academic year.
David F. and Margaret T. Grohne Family Foundation Fellowship covers full tuition for an entering student in the Two-Year MBA of MMM Programs.
Donald P. Jacobs International Scholarships are available to provide selected international students.
The Forté Foundation and Kellogg offer scholarship opportunities to female students pursuing full-time MBA programs at Kellogg.
Diversity Scholarships are also available with sponsorship from Kellogg and corporate sponsors like Goldman Sachs, Morgan Stanley and Merrill Lynch. The Toigo Foundation also grants diversity fellowships at Kellogg.
In order to be considered for the merit and need-based scholarships from the Office of Financial Aid, students must complete the Kellogg financial aid application and also submit a Free Application For Federal Student Aid (FAFSA) upon receiving an offer of admission. Merit and need-based scholarships and grants are paired with low-interest education loans, which are awarded based on merit and assessed financial need on a first come first served basis. There are no teaching assistantships available.
For Post-9/11 GI Bill eligible students, Kellogg awards up to 50 students with up to $15,000 on a first come, first served basis. Through the Yellow Ribbon program, the VA may match this award for military veterans.
Admissions
Applicants to the Kellogg full-time MBA program must submit the following materials:
• Date form including biographical details, educational experiences, academic honors, activities, work experience, self-reported • GMAT/GRE, and TOEFL scores (as applicable).
• Interview request (on-campus or off).
• Resume
• $250 non-refundable application fee, by credit card.
• Two letters of recommendation.
• Scanned transcripts from undergraduate institution(s).
• Scanned GMAT/GRE/TOEFL scores.
• Updated test scores, if applicable.
• Three Essays (including a video essay).
• Kellogg Honor Code
2021-2022 Northwestern Kellogg Full-time MBA Deadlines
| ROUND 1 | ROUND 2 | ROUND 3 | |
|---|---|---|---|
|
Application Deadline
|
September 15, 2021
|
January 5, 2022
|
April 6, 2022
|
|
Decision Released
|
December 8, 2021
|
March 23, 2022
|
May 11, 2022
|
Northwestern Kellogg Full-Time MBA FAQs
How has the university coped with the pandemic?
Classes are being offered in a hybrid format to keep students and staff safe.
What graduate programs are offered at Kellogg?
Kellogg offers full-time, part-time, and executive MBA options as well as an MS in Management Studies.
What are the most common undergraduate majors for entering students?
Fifty-two percent of the most recent class achieved an engineering degree while 29% had a science degree and 28% had a degree in the humanities.
Working on your Northwestern Kellogg full-time MBA application? Check out the Clear Admit Kellogg Essay Topic Analysis for advice on how to approach your essays.
Get an MBA Admissions Edge with the LiveWire Data Dashboard
Curious about your chances of gaining admission to top business schools? Now you can see how hundreds of previous applicants fared at Kellogg in just a few clicks. The LiveWire Data Dashboard’s interactive data visualization tools allow you to spot trends, compare MBA programs, and benchmark your stats against successful applicants at your target schools. Learn more here! Ready to explore the data? Purchase a 30-Day or 365-Day subscription in our shop for immediate access!
Full-Time MBA
MIT Sloan Full-Time MBA Program Structure
The MIT Sloan full-time MBA follows a traditional two-year, fall and spring semester schedule. At the midpoint of each semester, students take a week-long break from their courses and engage in an intensive experiential learning opportunity called Sloan Innovation Period (SIP). SIP activities include lectures from faculty, students and guests that discuss a broader range of topics than typically covered during the semester. Students engaged in Action Learning courses, which integrate classroom theory into real-world experiences, often use the SIP break to travel to visit host companies. Additionally, over winter break Sloan hosts an Independent Activities Period (IAP), a four-week program that allows students to take courses or travel abroad to complete the more in-depth component of Action Learning engagements like Sloan’s G-Lab and L-Lab programs.
Curriculum
MIT Sloan full-time MBA students take five required core courses: Economic Analysis for Business Decisions; Data, Models and Decisions; Communication for Leaders; Organizational Processes; and Financial Accounting. This required core curriculum is all squeezed into the first semester, freeing up three full semesters for students to take electives and giving them a significant degree of academic flexibility. Students must complete a minimum of 144 elective credits to graduate, with each elective course representing between three and twelve credit units.
MIT Sloan gives its full-time students the option of pursuing one of three MBA Tracks, in Enterprise Management, Entrepreneurship & Innovation, or Finance. Students must complete a set number of required and elective courses to receive Track certifications. Additionally, students can earn a Certificates in Sustainability, Healthcare, or Business Analytics.
Sloan Full-Time MBA Rankings
• U.S. News & World Report: 5th
• Bloomberg: 7th
• Forbes: 7th
• Financial Times: 6th
• The Economist: 19th
Class Profile
The MIT Sloan full-time MBA program has more than 480 enrolled in the most recently enrolled class, 38 percent of whom are women. Roughly 33 percent of students in the class are international.
For the full-time Class of 2022, the average GMAT score was 720 , with the middle 80 percent of students scoring between 680-760 .
Students in the class have accrued an average of 5 years of work experience prior to matriculating.
Career Statistics
Approximately 95.7 percent of the most recent graduating class received offers within three months of graduation. The mean base-starting salary for this class was $140,000.
Approximately 30.7 percent of this class entered careers in consulting. This industry was tied with technology which took another 30.7% of graduates. 19.7 percent entered careers in finance.
Tuition, Scholarships, and Financial Aid
The tuition cost for the MIT Sloan full-time MBA program for the 2020-21 school year is $77,168. Additionally, for 2020-21 the school anticipated that students paid roughly $2,550 for books and supplies, $2,000 for a computer, $5,960 for food, $6,950 for personal expenses including medical insurance, $20,700 for housing, and $2,950 for various transportation costs. With academic fees, this brings the total annual cost of the full-time program to $120,846.
Sloan offers a number of need and merit-based fellowships and scholarships. These include the Class of 2004 Diversity Fellowship for students from backgrounds that are underrepresented at Sloan, and the Forte Fellowship for outstanding female candidates. Additional awards include the MIT China Scholarship Council Fellowship (CSC) for citizens of the People’s Republic of China and the MIT Public Service Center and Social Impact Fellowships for students working to address societal problems, among many others.
Finally, Sloan offers teaching and research assistantships to help students cover the cost of tuition. These positions vary in terms of the workload required and stipend.
U.S. Citizens or Permanent Residents who are full-time students at Sloan who are eligible for Federal Perkins Loans, Federal Direct Stafford Unsubsidized Loans and Federal Direct PLUS Loans, as well as various private loans. International students must fill out MIT’s Graduate Loan Application in order to determine their eligibility for private loans.
Admissions
Applicants are not required to have prior work experience to apply, although Sloan notes that students with work experience typically get more out of the program.
Applicants to MIT Sloan’s full-time MBA program are required to submit an online application, a resume, two essays, two letters of recommendation, academic transcripts, GMAT/GRE test scores and a $250 application fee. The school does not require applicants whose native language is not English to submit TOEFL or IELTS scores to demonstrate English language competency.
2020-2021 MIT Sloan Full-Time MBA Deadlines
Round One: October 1, 2020
Round Two: January 19, 2021
Round Three: April 12, 2021
FAQ
How has the university coped with the pandemic?
Classes will largely be in person with heavy precautions however some elements will be online.
How big are MIT Sloan cohorts?
MBA students will be separated into cohorts of approximately 70 students.
What areas of study are offered?
Students can take optional tracks that include: Finance, Entrepreneurship and Innovation, and Enterprise Management. There are three optional certificates also offered: Sustainability, Healthcare, and Business Analytics.
Working on your MIT Sloan School of Management application? Check out the Clear Admit Sloan Essay Topic Analysis for advice on how to approach your essays.
Get an MBA Admissions Edge with the LiveWire Data Dashboard
Curious about your chances of gaining admission to top business schools? Now you can see how hundreds of previous applicants fared at Sloan in just a few clicks. The LiveWire Data Dashboard’s interactive data visualization tools allow you to spot trends, compare MBA programs, and benchmark your stats against successful applicants at your target schools. Learn more here! Ready to explore the data? Purchase a 30-Day or 365-Day subscription in our shop for immediate access!
Full-Time MBA
NYU Stern Full-Time MBA Structure
The NYU Stern full-time MBA program is a two-year, 60 credit program that follows the traditional two-semester model. There is one intake of students each fall, who begin classes in September and are divided up into six blocks of 60-70 students each. Stern hosts a mandatory two-week orientation program in August called “Launch.” Stern also provides a special “Summer Start” program that allows students the school believes may need additional preparation to earn up to six credits before starting courses with their classmates in September.
In early January 2020, the NYU Stern full-time MBA program officially received STEM-designation status.
Curriculum
In the first year, students without a waiver are required to take the core courses Financial Accounting & Reporting and Statistics & Data Analysis, as well as five of the following seven “menu core” courses: Firms & Markets, Foundations of Finance, The Global Economy, Leadership in Organizations, Marketing, Operations Management, and Strategy. Core course waivers may be given to students who have completed an undergraduate major in a core course discipline, hold a CPA, or pass a proficiency exam in a given core course field.
Full-time students are required to participate in a summer internship in the summer between their first and second years. Second-year courses are made up almost entirely of electives, with the exception of the mandatory Professional Responsibility course. Students may, but are not required to, pursue up to three specializations in 20 different fields such as Banking, Law and Business, Luxury Marketing, or Real Estate. In general, each specialization requires three to five courses—approximately nine credits—to complete Students may also earn course credit by participating in Stern’s Doing Business In… (DBi) programs, one- or two-week intensive abroad experiences offered between semesters.
Full-Time MBA Rankings
• U.S. News & World Report: 12
• Bloomberg: 13
• Forbes: 20
• Financial Times: 22
• The Economist: 17
Class Profile
The most recent NYU Stern School of Business full-time MBA class featured 317 students from a pool of 3,652 applicants and 1,059 admitted students. The GMAT average for the class is 723 and the undergraduate GPA is 3.6 . About 43 percent of students in the class are female. The average age is 28, and the average work experience prior to enrollment is 5.2 years.
Career Statistics
According to the most recent NYU Stern employment report, about 92 percent of the most recent graduating class of full-time MBAs earned job offers within three months of earning their degree. These graduates earned an average base salary of $143,858 and an average signing bonus of $37,892 .
The majority of the most recent class joined the consulting industry (31.7 percent), followed by finance (33.5 percent), and tech (16.9 percent)
Tuition, Scholarships, and Financial Aid
The tuition cost for the NYU Stern full-time MBA is $76,780 per year, plus $4,343 for registration fees. Additionally, Stern estimates that students will pay $26,804 for room and board, $1,980 for books and supplies, $1,110 for local travel, $8,018 for miscellaneous fees, and $216 for loan fees, bringing the total estimated cost of the program to $119,251 per year.
All incoming full-time MBA students are eligible for a number of merit-based scholarships. These include the Dean’s Scholarship, the Faculty Scholarship, the Kenshin Oshima Scholarship, the Military Veterans Scholarship, the Stern Scholarship and the Story Mining & Supply Scholarship.
Furthermore, Stern offers three fellowships in partnership with external organizations. The Consortium Fellowship is awarded to U.S. citizens and permanent residents from underrepresented groups including African Americans, Latinos and Native Americans, or those who can otherwise demonstrate a commitment to the mission of the Consortium. Students must apply to NYU Stern through the Consortium’s application to be eligible for this fellowship. The Forte Fellowship is awarded to exceptional women candidates and does not require any additional application information. Finally, the Toigo Fellowship is awarded to underrepresented students pursuing careers in finance, and must be applied for after students receive offers of admissions from Stern.
Stern also offers full-time students three fellowships—the Harvey Beker Scholarship, the National Science Foundation and NYU ASPIRE Scholarship, and the Stern Military Service Scholarship—which require separate applications. Admitted students are notified about the availability of these scholarships after they have received their offers of admission.
Second-year Stern students, while not eligible for the awards above, are eligible to receive donor awards to fund the second year of their MBA studies. These awards are based on merit and the conditions stipulated by each particular donor, and they do not require separate applications.
Finally, full-time students who have completed at least nine credits are eligible to apply for a teaching fellow or a graduate assistant position, earning up to $21,600 in tuition remission.
U.S. citizens and permanent residents applying to Stern’s full-time MBA program are eligible for federal Stafford and Graduate PLUS loans, as well as private loans. International students are eligible for private loans, offered with and without a U.S. co-signer. Loans not requiring a co-signer include the UFSB Stern International Loan, offered through the First Marblehead Corporation and Union Federal Savings Bank; the Global Students Loan, offered through the Global Student Loan Corporation to students from India; and the BAEF MBA Fellowship, offered through the Belgian American Educational Foundation Inc. to Belgian citizens. International students with a U.S. cosigner are available for numerous private loans up to the full cost of attendance, and are provided with a list of these options upon receiving offers of admission.
Admissions
Applicants to the NYU Stern full-time MBA program are required to hold an undergraduate degree. However, there are no minimum GPA or standardized test score requirements for admission. In addition, there is no formal work experience requirement, although applicant experience is weighed in the admissions process.
Applicants to the full-time MBA program must submit the online application, test scores from either the GMAT, GRE, or EA exams, a professional resume and a separate Work History Form provided by Stern on its application website. Stern also requires applicants to submit two essays, two professional recommendations, undergraduate transcripts and proof of degree conferrals and an application fee of $250. All applicants whose native language is not English and who have not completed academic studies in an English-speaking country, or a country where English is the primary language used in education, must take the TOEFL exam and submit their scores with their applications.
2020-2021 NYU Stern Full-Time MBA Deadlines
Round 1: October 15, 2020
Round 2: November 15, 2020
Round 3: January 15, 2021
Round 4: March, 15 2021
How has the university coped with the current pandemic?
NYU has introduced many safety protocols to provide a hybrid on-campus/virtual experience for MBA students.
Working on your Stern School of Business application? Check out the Clear Admit NYU Stern Essay Topic Analysis for advice on how to approach your essays.
Get an MBA Admissions Edge with the LiveWire Data Dashboard
Curious about your chances of gaining admission to top business schools? Now you can see how hundreds of previous applicants fared at Stern in just a few clicks. The LiveWire Data Dashboard’s interactive data visualization tools allow you to spot trends, compare MBA programs, and benchmark your stats against successful applicants at your target schools. Learn more here! Ready to explore the data? Purchase a 30-Day or 365-Day subscription in our shop for immediate access!
