What to Know About Business Schools

Which Program is Right for You

• MBA• EMBA• PMBA• MPA• MPP• EMPA• MAcc• MISM

What Are the Criteria for Each Program

• Test Scores

• Work Experience

• Other Experience

• GPA

Admission Criteria for a Good School

• MBA GMAT: Average 640 – 720(GRE for MPA in the 1100’s)

• MBA Work Experience: 0 - 5 years– Most MBA schools like to see at least 2 years

• MPA: 0-3 years

• MBA & MPA GPA: 3.3 - 3.7

Biggest Differentiators

Timelines

• Take the GMAT/GRE as close to when you graduate as possible (scores good for 5 years)

• Start applying one year before you want to start the program

• Turn in all materials early

• Give yourself time to study and retake the GMAT/GRE

Basic Application

• General Application • Resume • Essays • Transcripts (From outside of the US have to be certified)• Letters of Recommendation • GMAT/GRE• TOEFL (International Students) (IBT >94)• Financial Certification (International Students)• Ecclesiastical Endorsement (at BYU)• Application Fee

Big Factors When Looking at Business

Schools • Placement (Is it 90-100%?)

– Where– With Who & Against Who (classmates)– How

• Starting Salaries – By Region– By Job Type

• Expectations

– Day in the Life Of– Sundays and Mondays– Families – Recruiting Activities – Interaction With Professors– Class Size – Cultural Initiatives

• Cost – Tuition (Public School –

In State or Out of State?) – Cost of Living – Scholarships – Internship Pay

BYU Average Base Salary $82-83K

Placement Nationwide / Worldwide

- BYU ~ 97-98% Placement

- Placed with Great Fortune 100’s

- Competing in a Collaborative Environment. Students Have an Average of 3.5 Years of Work Experience.

- Excellent Full Time Career Placement Staff Dedicated to Helping Students Find Great Jobs

At BYU:

Schedule on Campus 7:00 AM – 6:00 PM

Study at Home 9:00 PM – 12:00 AM

No School on Sundays

Monday Night is for FHE

Great Family Activities & Singles’ Activities

Recruiters Won’t Take You to a Bar

Time to Interact With Professors

Small Class With an Opportunity to Build Forever FriendshipsBYU ~ 9K / Yr for LDS or 18K / Yr Non LDS

Married Housing $500-800/month

Single Housing $250-$400/ month

First Year Scholarships for Those Who Qualify

What Can You Do Now

• Prepare for the GMAT/GRE

• Look Into Programs

• Get to Know Alumni

• Consider Preparatory Programs– BYU MBA Academy– 2 by 2– Jump Start

BYU Pre-MBA Academy

• For students entering their Junior or Senior year or for graduating Seniors

• For students who are academically strong (at least a 3.0 GPA)

• For students who have demonstrated leadership

• For students who can bring a unique or diverse perspective to our program

BYU Pre-MBA Academy

• Will help with GMAT Prep

• Will help with your job search

• Will help you develop key relationships with business leaders and other students

• Will help you know you are prepared for a MBA program after you obtain relevant work experience