Brigham Young University

Program Basics

• • Marriott School of Management
  • W437 Tanner Building
  • BYU
  • Provo, 84602, Utah
  • United States
  • Program Web site: http://mba.byu.edu
  • Status: Private
  • Program e-mail address: mba@byu.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 906
  • Full-Time MBA: 309
  • Executive MBA: 122
• • Other graduate degree programs:
    • Master of Accounting
    • Master of Electronic Commerce/Information Systems
  • Master of Public Administration, Executive Master of Public Administration

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $21,200.00
  • Nonresident: $42,400.00
  • Recommended annual budget (Resident): $29,352.00
  • Recommended annual budget (Nonresident): $39,952.00

PROGRAM LENGTH

• • Full-time program (months): 20

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Dec 1, 2011
  • Semester: Fall 2012
  • Deadline: Jan 15, 2012
  • Semester: Fall 2012
  • Deadline: Mar 1, 2012
  • Semester: Fall 2012
  • Deadline: May 1, 2012
• • Does the program have rolling admissions? Yes
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL score required for MBAs: 590

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Important
  • Interviews: Very Important
  • Recommendations: Considered
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 401
  • Applicants who were accepted to the most recent class: 52 %
  • Admitted applicants who enrolled in the newest class: 71 %
  • Applicants who were re-applicants from prior years: 14 %
  • Percentage of this year's reapplicants accepted: 66 %
  • Applicant interviews are: Required
  • Applicants (admitted and denied) who were interviewed: 62 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 18 %
  • Applications from women received: 15 %
  • Mean base salary forgone: $56,556.00
  • Median base salary forgone: $52,000.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 11 %
  • International: 14 %
  • Married: 76 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 3 %
  • Europe: 2 %
  • North America: 87 %
  • Latin America and the Caribbean: 7 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 1 %
  • Asian American: 2 %
  • Hispanic or Latino American: 2 %
  • White (Non-Hispanic): 95 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 1 %
  • Mid-Atlantic: 3 %
  • South: 4 %
  • Southwest: 12 %
  • Midwest: 4 %
  • West: 76 %
• • Mean months of work experience of newest entering class: 49
  • Median months of work experience of newest entering class: 45

• Middle 80% range of work experience of newest entering class in months:

  • From: 23
  • To: 84
• • Median age of entering class: 29
  • Mean age of entering class: 29

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 100 %
  • Full-time MBAs receiving financial aid in the current academic year: 89 %
  • Mean MBA financial aid package for the current academic year: $18,962.00
  • Median MBA financial aid package for the current academic year: $21,500.00
  • On what basis are scholarships awarded?
    • a combination of need and merit
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $4,730.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 20 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $28,519.00

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool):

  • 10th Percentile 510
  • 25th Percentile 600
  • 50th Percentile (median) 640
  • 75th Percentile 690
  • 90th Percentile 710
  • Average GMAT Score 628

• GMAT score distribution (incoming class):

  • 75th Percentile 700
  • 25th Percentile 640
  • Average GMAT Score 670
  • 50th Percentile (median) 670
  • 90th Percentile 720
  • 10th Percentile 619

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 38
  • Average number of students in a full-time MBA elective class: 45
  • Elective courses available to full-time MBA students: 35

• Electives that have been added to the full-time program since June 30, 2010:

  • Organizational Design
  • Entrepreneurship Through Acquisition and Licensing

• Concentrations and specializations offered to full-time MBA students:

  • • Management Information Systems
    • Entrepreneurship
    • General Management
    • Marketing
    • Supply Chain Management
    • Human Resource Management
    • Strategy
    • Organizational Behavior
    • International Business

• Joint-degree programs offered to full-time MBAs:

  • • MBA/JD (Law)
    • MBA/MSME (Mechanical Engineering)
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • Marketing
    • Supply Chain Management
    • Organizational Behavior
    • Human Resource Management

FACULTY

• • Faculty employed by the B-school: 203

• Full-time faculty:

  • Tenured: 81
  • Non-Tenured: 43

• Adjunct/Visiting Faculty:

  • Non-Tenured: 79

• Women on Faculty:

  • Tenured: 4
  • Non-Tenured: 30

• International Faculty:

  • Tenured: 2
  • Non-Tenured: 2

• Faculty with PhDs:

  • Tenured: 80
  • Non-Tenured: 33

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Entrepreneurship
    • Consulting
    • Finance
    • Marketing
    • VC/ Private Equity
    • High Tech
    • Investment Banking
    • Human Resources
    • E-business

• Networking clubs available to full-time MBA students:

  • • International Club
    • Partners/Family
    • Women in MBA

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 45 %
  • Distance Learning: 10 %
  • Lectures: 35 %
  • Simulations: 5 %
  • Team Projects: 5 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average

B-SCHOOL ALUMNI

• • Living MBA alumni: 4,540
  • Active MBA alumni clubs: 77
  • Countries in which MBA clubs exist: 20
  • Living MBA alumni who gave in past year: 13 %
  • Mean gift from MBA alumni: $516.00
  • Median gift from MBA alumni: $50.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $135,433,458.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://alumni.byu.edu
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://marriottalumni.byu.edu
  • Does the B-SCHOOL offer career services for alumni? No
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 89 %
  • Graduates not seeking employment: 11 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: NBMBA Career Fair
  • Month: September
  • Amount Paid By School: Partial
  • Destination: NSH MBA Career Fair
  • Month: October
  • Amount Paid By School: Partial
  • Destination: New York
  • Month: October
  • Amount Paid By School: Partial
  • Destination: Tech Trek San Francisco
  • Month: January
  • Amount Paid By School: Partial
  • Destination: Midwest Consumer Product Goods
  • Month: October
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 65 %
  • Graduate-facilitated activities: 30 %
  • No information provided by graduate: 5 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 80 %
  • Received first job offer in three months following graduation: 10 %
  • Received first job offer more than 3 months after graduation: 1 %
  • Did not report having received a job offer: 9 %
  • Accepted first job offer by graduation: 76 %
  • Accepted first job offer in three months following graduation: 12 %
  • Accepted first job offer more than 3 months after graduation: 3 %
  • Did not report having accepted a job offer: 9 %

• Top recruiting organizations most recent academic year:

  • Intel Corporation 8
  • Adobe Systems 8
  • PriceWaterhouse Coopers 5
  • Cisco Systems 5
  • Symantec 5
  • Hewlett Packard 4
  • Bank of America 4
  • Cummins 4
  • Wells Fargo 4
  • DELL 3
  • Kellogg Company 3
  • Amazon.com 3
  • Microsoft 3
  • Ford Motor Company 2
  • Procter & Gamble 2
• • Job-accepting graduates who received a signing bonus: 70 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $92,277.00
  • Median base salary: $92,000.00
  • Mean signing bonus: $15,407.00
  • Median signing bonus: $13,000.00
  • Mean other guaranteed compensation: $17,694.00
  • Median other guaranteed compensation: $12,000.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 7 %
  • Finance/Accounting: 27 %
  • General Management: 7 %
  • Human Resources: 16 %
  • Marketing/Sales: 18 %
  • Management Information Systems: 2 %
  • Operations/Logistics: 12 %
  • Other: 11 %

• Graduating students who accepted jobs in the following industries:

  • Government: 1 %
  • Consulting: 6 %
  • Consumer Products: 15 %
  • Financial Services: 14 %
  • Manufacturing: 10 %
  • Media/Entertainment: 1 %
  • Non-Profit: 1 %
  • Petroleum/Energy: 2 %
  • Pharmaceutical/Biotechnology/Health Care: 4 %
  • Real Estate: 0 %
  • Technology: 38 %
  • Other: 8 %

• Graduates who accepted full-time jobs in the following regions:

  • Asia: 2 %
  • North America: 95 %
  • Latin America and the Caribbean: 3 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 7 %
  • Mid-Atlantic: 1 %
  • South: 9 %
  • Southwest: 16 %
  • Midwest: 15 %
  • West: 52 %

SCHOOL COMMENTS

• • School Comments: We do not offer in-state and out-of-state tuition, rather LDS church member and non-member tuition. A large portion of the operating cost for the university is paid from the tithes of The Church of Jesus Christ of Latter-day Saints. Therefore, students who are tithe-paying members of the Church have already made a contribution to the operation of the university. Thus they are charged a lower tuition fee, similar in principle to state universities charging lower tuition to residents.

• • -A BYU MBA helps you balance a young family with an MBA program without losing too much in terms of quality of connections and education. Most of my friends are in my similar situation with a young family and I cannot imagine doing this anywhere else. Besides the family friendly issue, it is a great school but costs an order of magnitude less than other schools with similar quality.
    
    -BYU has an outstanding MBA program--the quality of teaching, the exposure to great opportunities due to the smaller class sizes, and the competition are the things that make it great. You are not a drop in the bucket and the professors and other mentors will know you by name. It has a vast network of professionals who are in so many different fields and these alumni are very helpful in giving leads to new graduates.
    
    -If you want to go into a corporate finance or HR role then BYU is perfect. There are many large, well respected corporations that recruit at BYU and you could land the same job and salary as someone that went to a significantly more expensive B-school. The return on investment is incredible! With that said, if you're wanting to do i-banking or consulting you're setting yourself up for a huge mountain to climb. Only one student landed an investment banking job and while a few students landed positions in consulting, the positions were with PwC and Deloitte--not top tier strategy consulting firms.
    
    -BYU is a conservative school and as such may not be everyone's cup of tea. BYU is also Mormon owned--hence Mormon influenced. However, this influence I believe is not overbearing or uncomfortable for people not of the LDS faith. BYU is unique being "the Mormon" school. Because of this factor you have a lot of accomplished Mormon business leaders who want to give back to the LDS Church and feel that BYU is a good avenue to do this. Some of these people are top-notch professors. Others were amazing guest speakers from Fortune 500 companies who gave us real-world perspective on challenging business problems. Additionally, the network of alumni is second to none.
    
    -I would discourage those that got an undergraduate at BYU from also getting an MBA at BYU. This is because they need more exposure to different environments, cultures, and people.
    
    -My only knocks against BYU are the lack of e-business classes, poor leadership classes, understaffed career placement, and lack of B2B marketing placement. The location of the school, low cost of living and tuition, the consistently improving ranking, focus on ethics, and competitive yet friendly classmates are all huge positives for the program.
    
    -I can't stress how much I enjoyed my MBA experience at Brigham Young University. I made great friends. I participated in an exclusive student managed venture capital fund that is one of and maybe the best run student fund in the country. And I can honestly say that it is a supremely healthy atmosphere for people to collaboratively learn. I can't stress how many times we openly shared job market information as a class and banded together to help each other find opportunities, even if those opportunities were the same we might have been pursuing.
    
    -Not many other universities have a student run venture capital fund over one million dollars, where students make the calls on what deals to invest in, and where students are doing due diligence for multiple syndicates at a time. This is in conjunction with entrepreneurial thought leaders who are helping students with their own business plans, marketing faculty helping students on concept testing, consulting projects, and high quantitative segmentation and positioning engagements. The breadth of experience left me with more than enough premium experiences to completely overwhelm even the most engaged and diverse students in the country.