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Washington University
Olin Business School
Getting In
Olin Business School
Campus Box 1133
One Brookings Drive
St. Louis
,
Missouri 63130
United States
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
SCHOOL BASICS
Graduate business school enrollment:
Total:
1,021
Full-Time MBA:
300
Part-time MBA:
358
Executive MBA:
241
PhD Program:
52
Undergraduate business school enrollment:
704
Graduate degree programs:
Master of Accounting
Master of Finance
Other graduate degree programs:
Master of Science in Supply Chain Management
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident :
$
87,222
Nonresident :
$
87,222
Recommended annual budget (Resident):
$
67,680
Recommended annual budget (Nonresident):
$
67,680
PROGRAM LENGTH
Full-time program (months):
21
ADMISSIONS
Application Deadlines
Deadline:
11
Deadline:
1
Deadline:
3
Deadline:
4
Does the program have rolling admissions?
No
Is proficiency in English required for admission?
Yes
Is a minimum score on an English language proficiency test required?
No
Which English language proficiency tests are accepted?
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Relative Importance of Application Elements:
GMAT Score:
Important
Resume/Work Experience:
Important
Application Essays:
Important
Interviews:
Important
Recommendations:
Considered
Undergraduate Transcripts:
Important
APPLICANTS
Applications (admitted and denied) to the newest class:
1,215
Applicants who were accepted to the most recent class:
36 %
Admitted applicants who enrolled in the newest class:
35 %
Applicant interviews are:
By invitation only
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
57 %
Applications from women received:
29 %
Mean base salary forgone:
$ 50,215
Median base salary forgone:
$ 50,000
CLASS PROFILE
Full-time students in newest entering class (2009-2010) that are:
Female:
28
%
International:
28
%
Married:
17
%
Students from following regions:
Africa :
1
%
Asia:
25
%
Latin America and the Caribbean:
1
%
Middle East:
1
%
North America:
72
%
Percentage of U.S. students in newest entering class that are:
African American:
8
%
Asian American:
16
%
Multiethnic/Multiracial :
4
%
White (Non-Hispanic):
64
%
Chose not to report:
8
%
Percentage of U.S. students in newest entering class who are from the following regions:
Northeast:
14
%
Mid-Atlantic:
7
%
South:
7
%
Southwest:
9
%
Midwest :
48
%
West:
15
%
Mean months of work experience of newest entering class:
47
Median months of work experience of newest entering class:
44
Middle 80% range of work experience of newest entering class in months:
From:
0
To:
95
Median age of entering class:
27
Mean age of entering class:
27
FINANCIAL AID
Full-time MBAs apply for financial aid through:
Dedicated financial aid office at the B-school
Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:
100 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
Yes
GMAT
Are applicants required to take the GMAT?
Yes
GMAT scores:
Mean :
686
Median:
700
Middle 80% range GMAT scores:
From:
620
To:
740
Academics & Lifestyle
CLASS OFFERINGS
Average number of students in a full-time MBA core class:
66
Average number of students in a full-time MBA elective class:
38
Elective courses available to full-time MBA students:
94
Electives that have been added to the full-time program since June 30, 2009:
Advanced Business Cases
Creating and Building Brand Equity
Measuring and Managing Brand Equity
The Basics of BioEntrepreneurship
Business to Business Marketing I and II
Year of last major change or significant overhaul to the core curriculum:
2007
Concentrations and specializations offered to full-time MBA students:
Accounting
Consulting
Entrepreneurship
Finance
General Management
Health Care Administration
Leadership
Marketing
Organizational Behavior
Strategy
Supply Chain Management
N/A
Joint-degree programs offered to full-time MBAs:
MBA/JD (Law)
MBA/MA (Arts)
MBA/March (Architecture)
MBA/ME (Engineering)
Other
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
General Management
Marketing
Strategy
Supply Chain Management
FACULTY
Faculty employed by the B-school:
118
Full-time faculty:
Tenured:
32
Non-Tenured:
41
Adjunct/Visiting Faculty:
Tenured:
0
Non-Tenured:
45
Women on Faculty:
Tenured:
5
Non-Tenured:
9
Minority Faculty:
Tenured:
2
Non-Tenured:
3
International Faculty:
Tenured:
11
Non-Tenured:
16
Faculty with PhDs:
Tenured:
32
Non-Tenured:
38
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Finance
Investment Banking
Manufacturing
Marketing
VC/ Private Equity
Networking clubs available to full-time MBA students:
Black MBA Association
Gay/Lesbian/Bisexual
Hispanic Student Organization
International Club
Partners/Family
Volunteer
Wine
Women in MBA
Other
TEACHING/ACADEMICS
Teaching methods used:
Case Study:
40
%
Experiential Learning:
10
%
Lectures:
20
%
Simulations:
5
%
Team Projects:
25
%
Requirements for graduation:
Students must have attended a minimum number of classes
Students must have earned a pre-determined GPA/letter grade average
TECHNOLOGY
Technology improvements in the last three academic years:
N/A
Amount spent:
$ 6,457,000
Alumni Affairs & Careers
B-SCHOOL ALUMNI
Living MBA alumni:
9,499
Active MBA alumni clubs:
44
Countries in which MBA clubs exist:
16
Living MBA alumni who gave in past year:
22 %
Did school receive an individual gift in excess of $10 million in the past academic year?
No
Business school endowment
$ 187,324,644
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:
Does the B-School have an alumni networking Web site?
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment:
71
%
Graduates not seeking employment:
17
%
Graduates for whom you have no information regarding employment:
12
%
Annual job-searching trips that the school coordinates or participates in:
Destination:
Chicago Reception
Month:
January
Amount Paid By School:
Partial
Destination:
New York Reception
Month:
January
Amount Paid By School:
Partial
Destination:
Silicon Valley Reception/Company Visits
Month:
January
Amount Paid By School:
Partial
Destination:
Consortium OP
Month:
May
Destination:
NSHMBA/National Black MBA Career Fairs
Month:
September/October
Primary source of job offer:
School-facilitated activities:
66
%
Graduate-facilitated activities:
25
%
No information provided by graduate:
9
%
Job Offers for 2009 graduates:
Received first job offer by graduation:
78
%
Received first job offer in three months following graduation:
14
%
Did not report having received a job offer:
8
%
Accepted first job offer by graduation:
74
%
Accepted first job offer in three months following graduation:
17
%
Did not report having accepted a job offer:
9
%
Top recruiting organizations most recent academic year:
Monsanto Company
ExxonMobil Corp.
Sigma-Aldrich Corp.
Emerson
Essilor International SA
Express Scripts, Inc.
Booz Allen Hamilton
Frito-Lay, Inc.
Johnson & Johnson
Nestle Purina PetCare
ConAgra Foods
Eli Lilly and Co.
IBM
Procter & Gamble Company
Wal-Mart Stores, Inc.
Job-accepting graduates who received a signing bonus:
60 %
Base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary:
$
87,802
Median base salary:
$
90,000
Mean signing bonus:
$
15,789
Median signing bonus:
$
10,000
Graduating students who accepted jobs in the following functional areas:
Consulting:
24
%
Finance/Accounting:
25
%
General Management:
10
%
Human Resources:
1
%
Marketing/Sales:
26
%
Management Information Systems (MIS):
0
%
Operations/Logistics:
6
%
Other:
8
%
Graduating students who accepted jobs in the following industries:
Government:
0
%
Consulting:
8
%
Consumer Products:
16
%
Financial Services:
14
%
Manufacturing:
5
%
Media/Entertainment:
0
%
Non-Profit:
1
%
Petroleum/Energy:
8
%
Pharmaceutical/Biotechnology/Health Care:
31
%
Real Estate:
0
%
Technology:
7
%
Other:
10
%
Graduates who accepted full-time jobs in the following regions:
Africa:
0
%
Asia:
3
%
Eastern and Central Europe and Central Asia:
0
%
Latin America and the Caribbean:
0
%
Middle East:
0
%
North America:
96
%
Oceana:
0
%
Western Europe:
1
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast:
7
%
Mid-Atlantic:
5
%
South:
4
%
Southwest:
11
%
Midwest:
58
%
West:
11
%
Top recruiting organizations for internships, most recent academic year:
Centene Corporation
Emerson
Essilor International SA
Edward Jones
Eli Lilly and Co.
General Mills, Inc.
Nestle Purina PetCare
ExxonMobil Corp.
Express Scripts, Inc.
Johnson & Johnson
Savvis, Inc.
Boston Scientific Corporation
Colgate Palmolive Company
Kraft General Foods, Inc.
Pfizer Incorporated
Internships awarded that are paid:
100 %
Weekly internship compensation:
Mean:
$ 1,074
Median:
$ 1,154
Average internship length in weeks:
12
SCHOOL COMMENTS
School Comments:
N/A
Graduate Comments
I had a fantastic experience at the school and feel that others would have an equally challenging and enjoyable student experience. I also feel that the school's strengths span a variety of desired fields of study, so I would definitely recommend it. -- Marketing
The Olin Business School doesn't deliver you into a new career, but gives you the skills necessary to be successful over the course of your career. The academic quality is superb and curriculum rigorous, but the environment is supportive and friendly. I was able to push myself and take classes I thought were far beyond my skill level because I knew the professors, and my fellow students would be there to assist me if I got stuck. -- Consulting
The class size and the power of everybody knowing everybody else (including the instructors) is one of the most powerful aspects of an Olin MBA. -- Marketing
Olin has a small school culture with great faculty, flexible curriculum, good scholarships, and lots of student activities. --Marketing
The overall value that the entire university provides is second to none. In addition to a top-tier business school, there are dozens of outstanding programs, which the business students have access to. Furthermore, the administration is very reactive to students' needs and opinions, and they do an amazing job at giving the students "ownership" of the MBA program. The experimental learning experiences help tie-in what is taught in the classroom and provides students with first-hand experience in the application of what they have learned. -- Investment Banking
I started at the university as a JD student. On a purely metrics-orientented basis, I would have wanted to consider other b-schools (i.e. top-10 programs) if I had been focused on the business school as a deciding factor in choosing a university. That said, I am extremely happy both with my experience in the business school program and the results of my investment there. --Consulting
I would only encourage my friends and colleagues that I thought would be a good fit for Olin. In order to get the full benefit out of Olin, you have to be looking for a smaller class size where you can actively participate and take on leadership roles. The benefits are tremendous if you take advantage of the opportunities. I've encouraged my brother-in-law, who is just getting out of the Marines, to look at Wash U, and it looks like he will probably end up attending in the fall. The emphasis that Olin places on veterans is another reason why I would recommend it to my former Army colleagues. -- Operations
I liked the school, the program staff, the teaching faculty, the courses, and the other students. What's not to recommend? -- Information Technology
I thought it was a great educational experience and would recommend it to other people. I think it would help anyone who's interested in career advancement and making more money. -- Marketing
My experience at Olin broadened my perspective from both a professional and personal standpoint. I really enjoyed my experience in the program and would recommend it to colleagues, friends, and family -- Marketing
The experience would have been perfect if I had had more support in my independent job search from the career center. They do a great job of coaching on resumes, interviewing, and negotiating but a VERY poor job on providing opportunities, connections, and leads/contacts. Outside of that, I had a wonderful time, made life-long friends, met my husband, met my business partner, and learned a lot! -- Entrepreneurship
I've been especially grateful for my experience at Olin. I wasn't sure what I wanted out of a business school, but I was able to find myself and really "grow up" here. As a 3-2 student (engineering undergrad/MBA), everything I've learned has really placed me in a great position to take the world by storm. -- Investment Banking
The Pass/Fail grading system was great, since it allowed students not to worry about what grade they would receive but more on the course material. It also promoted working collaboratively versus competitively. The nature of the student body was such that it was easy to become friends with anyone. Being around such smart, compelling people I was in school with is something I miss now being in the corporate world. -- Operations
I have been thrilled with my experience at Olin. The professors, the curriculum, and the students are excellent. I think that due to Olin's small size and its location in the Midwest, it has not been ranked as highly as the school deserves. I truly believe that Olin is one of the best business schools in the country. -- Marketing
The small class size and accessibility of professors at Olin promotes a very collegial learning environment. I was constantly challenged by both my professors and peers. -- Marketing
Washington University in St. Louis is a nice program over all, but there is only one thing which brings the experience down - the career center of the school. The faculty is good, course structure is good, but the career center is pathetic and especially the career advisors. First, the number is not enough, and second, most of them are incompetent and this leaves international students with a bigger challenge to find a job. -- Finance
The Young Leaders program has been a fantastic opportunity for me. The school is on the front of a trend. I have been incredibly happy with the results of the program and all the people I met while involved. -- Operations
I find myself truly transformed after the business education at Olin. I think it was a great return on investment, both in terms of cost and time. Getting a desired job was only the byproduct of the learning experience that I went through at Olin -- Finance
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