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