MBA
MBA Admission Guide
Tina Sohn MBA Admission Guide
1. MBA Application Deadlines (22-23)
| Business School | Application Deadline | Decision |
|---|---|---|
| Harvard Business School | 07 September 2022 | 08 December 2022 |
| Wharton | 07 September 2022 | 15 December 2022 |
| Columbia Business School (August Entry) | 28 September 2022 | 05 April 2023 |
| Kellogg School of Management | 14 September 2022 | 14 December 2022 |
| Chicago Booth School of Business | 22 September 2022 | 01 December 2022 |
2. Early Decision Schools
- Columbia Business School:
- Early Decision results are announced before Regular Round 1.
- Early Decision students must pay a non-refundable $6,000 deposit within two weeks of admission.
- Results are typically announced in December.
3. STEM MBA Programs
| School | Program Details | Tuition Fees |
|---|---|---|
| Harvard Business School | Management Science Track in Full-Time MBA | $146,900 |
| Stanford GSB | Entire Full-Time MBA, MSx Degrees | $149,450 |
| UPenn (Wharton) | Majors in Actuarial Science, Business Analytics… | $167,748 |
| Chicago (Booth) | Entire Full-Time MBA | $146,980 |
| MIT (Sloan) | Entire Full-Time MBA, Sloan Fellows MBA, etc. | $154,550 |
4. GMAT Score Breakdown
| Section | Time Limit | Number of Questions | Score Range | GMAT Section |
|---|---|---|---|---|
| Quantitative Reasoning | 62 minutes | 31 questions | 6-51 | Quantitative score |
| Verbal Reasoning | 65 minutes | 36 questions | 6-51 | Verbal score |
| Integrated Reasoning | 30 minutes | 12 questions | 1-8 | Integrated Reasoning score |
| Analytical Writing Assessment | 30 minutes | 1 question | 0-6 | Analytical Writing Assessment |
5. GRE Score (Republic of Korea)
| Category | Mean Score | Standard Deviation |
|---|---|---|
| Verbal Reasoning | 151.9 | 7.9 |
| Quantitative Reasoning | 161.9 | 6.8 |
| Analytical Writing | 3.5 | 0.8 |
6. MBA Scholarships for Foreign Students
- IU International Applied Science University: Offers flexible scholarships for MBA students.
- Willamette MBA Global Diversity Scholarship: Available in the USA.
- Cambridge International MBA Scholarship: £23,000 for international students.
- Exeter Global Leader Scholarship: Offered at Exeter University.
- Cox School of Business EMBA Scholarship: Available in the USA.
7. Interview Tips
- First impressions matter: Dress well, make a strong handshake, and greet politely.
- Focus on communication, not just English-speaking skills.
- Active listening is as important as speaking.
- Be confident about your resume content.
- Send a thank-you note within 24 hours.
8. After MBA Career Salary
| Company | Base Salary | Bonus | Signing Bonus | Relocation |
|---|---|---|---|---|
| McKinsey & Company | $165,000 | Up to $35,000 | $30,000 | $2,000 - $9,000 |
| Bain & Company | $165,000 | Up to $41,250 | $30,000 | $8,000 - $16,000 |
| Boston Consulting Group | $165,000 | Up to $41,250 | $30,000 | $2,000 - $8,000 |
9. Essay Tips: Goal
| Question | Sample Answer | Elements | Word Count |
|---|---|---|---|
| Why pursue an MBA? | Short- and long-term career goals | Short-term, long-term goals | 80-100 |
| How were these goals formed? | Influences such as family, mentors, or experiences | Career up to date | 70-100 |
| Why MBA, why now? | Address the gap between current and future goals | Why MBA? | 70-100 |
| How will you contribute? | Discuss contributions to the program’s community | Community contributions | 50-70 |
