First day of Mod 1 class is Monday, August 17. MBA Orientation (including the International Student Business Program) will be August 3 - 14.
You should plan to start your apartment/house lease on August 1, 2020.
We understand that travel, both domestically and especially globally, has been disrupted. We hope to be able to move forward with global travel later in the fall, but travel and experiential learning happens both globally and locally. Our Turner Family Center and Center for Entrepreneurship are working on local micro-immersion projects to provide a service to our community and to let our students delve into meaningful experiences right here in our backyard.
We will wholeheartedly support our international students as you are an integral part of our incoming class. However, if you are not able to make it to campus for this new start date, we are prepared. Our goal is to offer an option in which you can begin the program online, with your classmates who are on campus, and then join everyone in Nashville as soon as you are able.
The Employer Relations and Recruiting Team have been in conversations with our employer partners since this spring planning for the fall recruiting season. The continuous threat of COVID-19 means employer travel restrictions, as well as heightened Vanderbilt University policies for campus health and safety. To ensure the same level of meaningful student interaction with employers throughout the large number of fall recruiting events that are already being planned, we are working closely with our employers to create virtual delivery and engagement.
We would envision all fall recruiting events will most likely be in a virtual format.
We have waived our application fee for the remainder of the year and added a Round 4 deadline for those prospective students who may be just beginning to consider business school for the Fall 2020 term. Round 4 applications will be considered on a rolling basis leading up to June 1 application deadline.
Yes. The application for admission is the same as the application for scholarship and all candidates will be evaluated for both admission and scholarship simultaneously.
Vanderbilt is offering GMAT/GRE test waivers to qualified candidates for the 2020-21 MBA application cycle. Waiver requests will be evaluated on a case-by-case basis. Applicants who are interested in a GMAT/GRE waiver must start an application, complete the test waiver request form, and upload supporting documentation. Test waiver request form coming soon.
We regret we are unable to offer you an in-person campus visit at this time and are offering the opportunity to connect with us virtually. Virtual Vanderbilt MBA Campus Visits will resume this fall. In addition, we also host “Admissions 101” webinars to offer tips to prospective students who are new to the b-school process. Click here to register for an upcoming webinar.
MBA Program Information
We offer a two-year, daytime MBA program and a two-year Executive MBA program, which meets every Saturday. We also offer several one-year programs: Master of Science in Finance (MSF), Master of Accountancy (MAcc), MAcc Valuation (MAcc Val), Master of Marketing (MMark), and Master of Management in Health Care (MMHC). At this time, we do not have a one-year MBA program or any part-time, online, or evening MBA programs.
No. We accept applications for fall entrance only.
Classes begin in mid-August. Orientation is required for all incoming students and begins in August. The finalized academic calendar will be available in June for the following year.
Exemptions are available for students with superior competency in accounting, economics, and statistics; however, 62 credit hours still are required to complete the Vanderbilt MBA degree. Exemptions are considered during Orientation by the Assistant Dean of Academic Programs based on previous academic courses.
MBA Tuition, Loans & Scholarships
Filing of the Free Application for Federal Student Aid (FAFSA) is the first step in applying for federal financial aid. The FAFSA may be completed as early as February. You will receive a Student Aid Report (SAR) for your verification. Financial aid awards will be determined based on the information supplied on the FAFSA. A financial aid package will be calculated including any Vanderbilt MBA scholarships, Federal Direct Stafford Loans and a Federal Direct Graduate Plus loan to meet the cost of education or academic budget for the year.
The loan application paperwork is usually available in the fall of the year prior to enrollment. Visit Vanderbilt University's financial aid website for details.
Most students find that life as a Vanderbilt MBA student is very demanding. Classes, group work, individual study, the career search, student organizations, guest speakers, recreation and social events are time-consuming activities, but they are an important part of the Vanderbilt MBA experience. As a result, most students do not work while classes are in session. Those who wish to work have several options to help fund their education and gain valuable experience. U.S. citizens, permanent residents and eligible non-citizens may apply for graduate assistant positions. Opportunities to work with professors and administrators are posted at the beginning of each academic year. Students may work up to 20 hours per week, but most jobs require only 10 to 15 hours and offer flexible schedules. International students may NOT work off campus during the first nine months of their program as governed by the Bureau of Citizenship and Immigration. Thereafter, authorization to work off-campus is required for summer internships or during the academic year. There may be other opportunities for employment on campus and outside of the business school. For more information, you should contact Vanderbilt's Student Employment Office, which is part of the Office for Student Financial Aid. In the past, some Vanderbilt MBA students have lived on campus and worked part-time as advisors or supervisors in one of the residence halls or international houses. To learn more about this option, contact the Office of Housing & Residential Education.
Yes, all students are required to have a computer. Our IT department will assist you with installing the programs you will need.
In order to qualify for the Federal Direct Stafford Loan Program, you must complete the Free Application for Federal Student Aid, or FAFSA. The Title IV code for Vanderbilt is 003535. Completing your federal income tax return first is recommended. Financial aid is always determined by the federal income tax information filed for the previous year.
Contact the Office of Student Financial Aid, Vanderbilt University, 2309 West End Avenue, Nashville, TN 37203-1725 or email the Office of Student Financial Aid; telephone 615.322.3591 or 800.288.0204; or fax 615.343.8512. General office hours are Monday through Friday from 8:00 AM to 5:00 PM CT. Melinda Nixon is the Owen Financial Aid Officer, and you may reach her by calling her office at 615.322.3591 or by emailing her directly.
Scholarships range from $5,000 per year to full tuition. They are renewed automatically for your second year as long as you maintain a 3.0 grade point average.
Vanderbilt requires that all students, spouses and dependents have health care coverage. The detailed costs, forms and form completion/submission deadlines are all available on the Vanderbilt Student Health Website.
Click here for the current estimated program cost of education for a single student during the nine-month academic year. For your second year of study, you should anticipate a four percent increase in tuition, fees and living expenses. The Vanderbilt Board of Trust approves the budget every July.
Federal Direct Unsubsidized Graduate Stafford Loans have a fixed interest rate of 6.8 percent and the Federal Direct Graduate PLUS loan has a fixed interest rate of 7.9 percent.
Students can purchase parking passes at the Office of Traffic and Parking in Wesley Place Garage, across the street from Owen on Scarritt Place. Click here for cost and other information about Traffic and Parking at Vanderbilt. Most Owen students choose to purchase a Zone 2 general permit, which allows them to park in any unreserved Zone 2 parking space. There are Zone 2 surface lots and two Zone 2 parking garages in the immediate area of the Owen building.
All scholarships are awarded during the application process to incoming students. While the school has given out small cash awards to certain outstanding first-year students in the past, you should not rely on future scholarships/awards for funding.
Subsidized Direct Federal Stafford Loans are limited to U.S. citizens and permanent residents only. Unsubsidized Federal Direct Stafford Loans and Federal Direct Graduate PLUS Loans are non-need-based loans for U.S. citizens and permanent residents only. The borrower is responsible for the interest on these loans as soon as the loan is disbursed. Private alternative loans are available for all students. A number of major lending organizations offer loan programs to qualified borrowers. A listing is available at the Office of Student Financial Aid. The student may borrow up to the cost of education minus any financial aid. International students can use this resource if a qualified U.S. citizen or permanent resident serves as a co-signer. International applicants may borrow from Prodigy Finance or MPower Financing, without a co-signer. The two may be compared by viewing Vanderbilt’s Office of Financial Aid’s private alternative loan options information and clicking on FASTChoice to filter. For more information, visit Prodigy's website and MPower Financing website.
International students may apply for a private alternative educational loan, with a U.S. citizen or permanent resident as a co-signer, for an amount up to the total cost of education. Please contact the Office of Student Financial Aid for additional information. Or you may apply directly to Prodigy Finance or MPower Financing which does not require a co-signer. The two may be compared by viewing Vanderbilt’s Office of Financial Aid’s private alternative loan options information and clicking on FASTChoice to filter.
In order to qualify for federal financial aid, you must be a U.S. citizen or permanent resident. Federal financial aid includes the Federal Stafford Loan Program. International students may apply for a private alternative educational loan, with a U.S. citizen or permanent resident as a co-signer, for an amount up to the total cost of education. Please contact the Office of Student Financial Aid for additional information. Or you may apply directly to Prodigy Finance or MPower Financing Loan, which does not require a co-signer.
All admitted applicants are automatically considered for scholarships awarded by Owen. A separate application is not required for scholarship consideration. Selection criteria are based on many of the same factors evaluated for an admissions decision: academic performance, GMAT scores, quality of work experience, leadership potential, and personal characteristics demonstrated through the essays, interviews, and recommendations. There are three diversity scholarships that require a supplemental essay. Scholarship decisions are communicated at the same time as the admissions decisions. More details are available here.
No. At the present time, there is no campus housing for graduate students. For more information, please visit Vanderbilt University's Housing Office. Students who live close to Vanderbilt generally walk or bike to campus. There are restaurants and shops in the West End and Hillsboro Village areas and also within walking distance of campus. If you choose to live farther from campus, having a car would be helpful, although many students rely upon taxis, Uber, or Lyft to get around. Most students have cars, but this is a personal decision. Find out more about Nashville's cost of living here.
A limited number of graduate student work assignments will be available. These positions range from 10 to 15 hours per week for a professor or one of the school's administrative offices and are selected by the sponsoring professor or office. These opportunities are typically posted in What's Happening at the beginning of the school year or on the Admitted Applicants website leading up to Orientation. Positions may also become available throughout the year. Additionally, the Vanderbilt Office Student Employment maintains a site of all student positions available on campus on HireADore.
The Dean's Scholar Award is the highest honor for an incoming student. For more information, please visit the Dean's Scholars Award Program page.
No. Most top business schools do not accept transfer students or transfer credits. If we do admit an individual who is already enrolled in another full-time MBA program, we will not accept transfer credits. The student will be expected to complete all 62 credits required for the Vanderbilt MBA degree.
The Admissions Committee considers each candidate individually. Admission is always based on individual credentials.
A three (3) year degree (B.Com, B.A. or B. Sc) will be accepted when accompanied by a WES evaluation certifying that the degree is equivalent to a four-year U.S. Bachelor's degree. Alternatively, applicants may complete the Chartered Accountancy Designation or the Chartered Financial Analyst Designation OR at least one year of a Master's of Commerce degree program to compliment the three-year degree. If you have questions, please contact Kim Killingsworth, Director of International Recruiting & Relations.
No. We seek students from a wide variety of backgrounds. Diversity in all forms—academic, professional, cultural, ethnic, gender, geographic, and socioeconomic—is an important component of the Vanderbilt MBA experience.
No, there are no specific prerequisites. However, candidates with little or no business background are strongly urged to review algebra 2, statistics, basic finance, accounting, and/or economic principles. Our program is highly quantitative in the first year, so to prepare for this, quantitative pre-work will ensure that you are successful in those classes. The Admissions Committee looks for a variety of abilities in all applicants, including critical thinking and analytical skills, communication abilities, and interpersonal and leadership skills. Most students who have successfully completed introductory courses in college-level calculus and statistics find that they are adequately prepared to meet the quantitative demands of the program. Before classes start, Vanderbilt offers optional online reviews for incoming MBA students who want additional preparation. Click here for a detailed explanation of our admissions criteria.
All kinds, but only full-time, post-baccalaureate work experience is counted in the official statistics we report. When we evaluate your application, we consider all full-time work, military experience, part-time work, internships, co-op assignments, summer jobs, and volunteer work.
No. Vanderbilt does not admit applicants seeking a second MBA degree or similar graduate management degree, regardless of where the first was obtained. Exempt from this policy are master's degrees that focus on a specific functional area of business (such as accounting, finance, or management information systems) and do not offer a broad general management curriculum typical of the MBA degree.
How to Apply
We seek outstanding candidates regardless of the application round. However, space and scholarships are limited, so it is wise to apply as early as possible. Applying earlier means that you will receive an admissions decision earlier, leaving you more time to plan your transition to the Vanderbilt MBA program.
In exceptional situations beyond the candidate's control, the Admissions Committee may offer a deferral. For example, all deferral requests for U.S. military personnel will be approved. Otherwise, deferrals are on a case-by-case basis. If a deferral is refused, candidates must decline an offer of admission and reactivate the application for admission and financial aid consideration the following year.
To reapply, you must submit a new application for the current year. Your person level information (bio demo data, school history, employment history, and test scores) will autopopulate in your new application and you can update those as need be. You will need to complete the new application and you should provide an additional statement in the optional essay area describing your personal and professional activities since last year's application and explain why you are now a stronger candidate for admission. Please email firstname.lastname@example.org if you have questions regarding reapplication.
Admissions Transcripts & Test Scores
We will only utilize the highest score when making an admissions decision.
All International applicants are required to submit a test of English language unless you qualify for a waiver. If you are requesting an English test waiver you must select your qualification on the application under the test score section of the international application. Below are the options you may choose when completing your application. If you qualify the item will be removed from your applicant status page requirements. The Admissions Committee has the option to request further information to review your application and waiver request. English Test Waiver: 1. I have earned an undergraduate degree in a country where the official language is English (not just an English-speaking institution or just a country where English is spoken.) 2. I have lived and worked, for the past two or more years, in a country where the official language is English (not just a country where English is spoken). 3. I have scored in the 90th percentile or higher on the verbal component of the GMAT or GRE.
We highly recommend a minimum of 100 on the iBT TOEFL and 7 overall with balanced section scores on the IELTS.
The DuoLingo English test does not replace the TOEFL or IELTS exam however you are welcome to submit DuoLingo results as a way to strengthen your application in addition to either the TOEFL or IELTS.
We recommend that you take the GMAT or GRE before submitting your application so that you are satisfied with your scores and can record your scores on your application. No admissions decision will be made until all components of the application have been submitted, including the official GMAT or GRE score. Applicants often retake the GMAT or GRE in an attempt to improve their score, and if you do this, you must email email@example.com to report your new intentions and test date. If you submit different test results, we will consider and report your best overall performance based on the total score. If your scores are below average, we strongly recommend that you retake the test, prior to submitting your application, to increase your chances of admission.
Traditionally, Vanderbilt has required a GMAT or a GRE score as a part of your application. Recognizing the extraordinary challenges faced by many applicants,
Vanderbilt is offering GMAT/GRE test waivers to qualified candidates for
the 2020-21 MBA application cycle. Waiver requests will be evaluated on
a case-by-case basis. Applicants who are interested in a GMAT/GRE
waiver must start an application, complete the test waiver request form,
and upload supporting documentation. Test waiver request form coming
Although the GMAT or GRE and GPA are important indicators of your academic ability, they are not the only factors we consider. Your overall academic record, the quality of your undergraduate institution, the difficulty of your course of studies, and the consistency of your performance are also good indicators of your potential for success in the first year of a rigorous MBA program. Candidates who are weak in one area of the application (low GMAT or GRE, weak academic record, or limited experience) may balance that with strengths in other areas (above-average GPA, outstanding test scores, or exceptional work experience).
The GMAT testing center does not require a school code. You will only be asked to provide the school name to the GMAT testing center. Our institution code is 1871 for the GRE, IELTS, and TOEFL. When choosing the department please proceed as follows to ensure your scores are reported to Vanderbilt. You are given a choice of "Undergraduate" or "Graduate" as the kind of test you are taking. Please select "Graduate". A drop down box will then ask you to choose the "department". Choose the last option in the drop down menu and click on "Any Department Not Listed".
You can view the Department of Education's website for complete information regarding student loans. Financial aid is handled by the Vanderbilt Financial Aid Office.
Yes. If you submit different test results, we will consider and report your best overall performance based on the total score. Over half of the candidates who enroll have taken the GMAT or GRE more than once.
Admissions Essays & Recommendations
It is not recommended to submit more than two letters of reference, unless a third recommendation will shed light on another aspect of your profile.
Admissions Résumé & Work History
Every application will be reviewed, regardless of the amount of experience. However, candidates must have at least two years of full-time, post-baccalaureate work experience by the time they enroll in our MBA program. On average, our students have five years of full-time postgraduate work experience.
Candidates with little or no work experience should consider one of our one-year programs, such as Master of Finance, Master of Accountancy, or Master of Marketing.
Please visit the Vanderbilt MBA Class Profile on our website for current information.
Admissions Events & Visits
It depends. The availability of hosts, suitability of classes, number of visitors and other demands on our resources often make it difficult to arrange for you to attend more than one class during your campus visit. Our graduate assistants will work with you to make sure you get the most out of your visit to Vanderbilt.
Our guests usually wear business professional attire when interviewing. Otherwise, most campus visitors wear business casual attire.
During a personalized campus visit, you will be introduced to a student host, who will take you to his or her class, introduce you to faculty and fellow students and accompany you to lunch. After lunch, you can participate in a small group discussion with a member of our Career Management Center. You can arrange an evaluative interview or information session with a member of the Admissions Committee as a part of your visit.
Many applicants consider it ideal to complete an admissions interview while visiting campus; however, it is not required. You may skip the evaluative interview during your visit, or you may replace it with an informational meeting with a member of the Admissions Committee. When limited interview slots are available, priority is given to the most competitive applicants.
Our campus visit coordinators will try to organize your visit around your individual background, interests, and goals. The timing of your travel schedule, the availability of student hosts, and the activities of a certain class on a given day may impact the availability of classes. Regardless of the class you attend, we know you will find your visit to Vanderbilt to be pleasant and productive.
No. In general, you are encouraged to visit campus at least once because it is the best way to introduce yourself to members of the Owen community, learn about the Vanderbilt MBA program, and get to know Nashville. If you have not visited campus before receiving an offer of admission, we strongly encourage you to visit before you make a final decision about attending Vanderbilt. Most candidates prefer to visit during the academic year while classes are in session. However, we encourage you to visit at any time.
Admissions Interview Process
The interview is an important component of the application and provides you an opportunity to share your story. Through the interview, we hope to hear more examples of the types of experiences you have had in both your personal and your professional life and to get a sense of your demonstrated record of achievement, your interpersonal and communication skills and your motivation for seeking an MBA degree.
Your application will be evaluated without the interview, and we will contact you by email with instructions for scheduling an interview if you are a competitive applicant. For candidates who have not completed an interview, we allow two weeks for processing and preliminary review after each deadline, then four weeks for those candidates to complete their visits and interviews and another two weeks for final decisions. You may hear sooner than the published notification deadline. After the fourth round of admissions, decisions are made on a rolling basis.
We conduct a structured, conversational interview. We are interested in evaluating all candidates on a common set of criteria, but we also want to discover your individual story, unique talents, and personal ambitions. Your interpersonal skills, communication abilities, and professional presence are at least as important as the specific content of the interview. We expect that you will wear professional attire and bring a copy of your current resume if you have not applied. If we have your application, we will have a copy of your resume.
There is no advantage in our admissions decision-making process. However, campus visits are the best way for you to get a firsthand look at the Vanderbilt MBA program. You can attend a class, go to lunch with a current student, interview with an admissions officer, and attend an information session with Career Management Center staff. Vanderbilt wants to enroll students who are excited about life at Owen and in Nashville. Visiting campus is one way to demonstrate this passion.
No. We recognize that it's not possible for everyone to travel to campus, especially in the middle of the work week or from far away. For candidates who are unable to interview on campus, we will conduct your interview when we visit a city near you (we travel all over the world), or we will conduct your interview via video chat. However, we still strongly believe in the value of a trip to Owen, Vanderbilt, and Nashville so you can get a better idea of our culture.
The interview usually lasts 30 to 40 minutes. In general, the goal of the interview is to assess your maturity, judgment, professionalism, initiative, interpersonal and team skills, communication skills, and ability to think critically.
Many applicants consider it ideal to complete an admissions interview while visiting campus; however, it is not required. You may skip the evaluative interview during your visit, or you may replace it with an informational meeting with a member of the Recruiting and Admissions team. Interviews may be conducted regardless of whether you have submitted an application.
The application fee for the full-time MBA program is $200.
The Admissions Committee reserves the right to rescind any offers of admission or financial aid from candidates who have not responded by the specified deposit date, not completed their courses or pre-MBA programs required as a condition of their admission, not sent us official transcripts or test scores prior to matriculation, or been found to have falsified information in their application.
Applicants may be placed on the waiting list if the Admissions Committee wants to defer its final decision to a later date. If the Admissions Committee has specific concerns that may be addressed by providing additional information, a member of the admissions team will reach out to you in order to provide you with this feedback. In recent years, the Admissions Committee has admitted a number of candidates from the waiting list to help manage the size of the incoming class. We do not rank waiting list candidates nor can we predict the likelihood of admission. It may be a matter of weeks or months before a decision can be made. We will keep candidates on the waiting list as long as they remain interested and as long as there is still a reasonable chance of admission, right up until the start of Orientation if necessary.
Your admission decision will be communicated by the decision deadline for the round in which you apply. Once your application is submitted, we will update your application status as supplemental items arrive. You can check your status by accessing the application checklist. Please allow sufficient time for the delivery and processing of all materials; we appreciate your patience and understanding, especially during the busiest time of the admissions process from January through June.
In general, we will notify you of the admissions decision within six to eight weeks of the application deadline for the round in which you applied and no later than the posted decision deadline.