#90 Boston University Questrom MBA Admissions Interview with Dana Dubovik
“We have phenomenal professors, research, resources in [technology, health care, social enterprise and sustainability], and they’re areas where Boston itself is a hub. The number of company and industry leaders that are here really make them strong areas for us… We’re trying to prepare our students for the jobs that don’t exist yet, we want to make sure they’re ready for the way industry will continue to evolve… so our students aren’t just prepared for jobs when they graduate but they’re prepared for the jobs they’re going to get in 10, 15, 20 years.”
About Our Guest
Dana Dubovik is Director of MBA Admissions, Boston University, Questrom School of Business. Dana has been with Questrom since 2008. Prior to joining Boston University Dana was a Regional Marketing Director for Kaplan Test Prep.
What is relatively unique about the Boston University Questrom MBA? What are its key advantages?
- Boston University offers 3 specialty programs: Public & Nonprofit (PN) MBA, Health Sector Management MBA (HSM) which are essentially industry-based concentrations for your MBA, as well as a MBA + Masters in Digital Innovation
- Students can start taking electives in the 1st quarter in the Year 1 to prepare them for their summer internships; they can also choose from 10 functional concentrations
- The program has a generous scholarship policy with 90% of class awarded scholarships and average awards equaling 50% of tuition
- Top 3 industries Class of 2015 entered were consulting (24%), pharma/biotech/health care (24%), and technology/science (19%)
- Questrom prioritizes a collaborative student culture and are looking for students looking to contribute to the program and their classmates
Listen on for the insider’s scoop…
Touch MBA’S Boston University Questrom MBA Fast Facts
Program Highlights (2:40)
- Boston University’s College of Business Administration was founded in 1913 and was renamed to Questrom School of Business in 2015
- Boston University is the 4th largest private research institution in the USA
- 1 intake / year in Fall
- Length: 2 years
- Campus in in the heart of Boston, the educational capital of the US
- 150 participants/intake, with 3 cohorts of 50
- 30 nationalities/intake, class is 35% international
- Students ranked General Management, Marketing and IT/Computing the highest
- Offer 3 specialty programs: MBA + Masters in Digital Innovation, Public & Nonprofit (PN) MBA and Health Sector Management MBA (HSM)
- Concentrations: Energy & Environmental, Sustainability, Entrepreneurship, Finance, International Management, Leadership & Organizational Transformation, Marketing, Operations & Technology, Management, Strategy & Innovation
- Students can take 2 week international field seminars in Brazil, India, Europe and Asia
- Curriculum offered in quarterly format — Year 1: 11 core courses, consulting project. Year 2: choose from 100 electives, international field seminars in Brazil, Europe, India or Asia
- Rankings: #71 Financial Times 2016, #67 Economist 2015, #41 US News & World Report 2017, #48 Bloomberg Businessweek 2015
- Other MBAs: Professional Evening MBA (~3 years)
- Accredited by AACSB
- Boston University offers 8 Dual Degrees: MBA/MA International Relations, MBA/MA Economics, MBA/MD, MBA/JD in Law & Management, MBA/MPH, MBA/MS in Manufacturing Engineering
Admissions (20:10)
- 3 deadlines from Oct – Mar, get a decision within 2 months
- 1094 applications received, 381 admitted, 147 enrolled, 35% acceptance rate
- Avg GMAT: 682 (80% range 610 – 740), Avg GPA: 3.3 (80% range 2.9 – 3.9)
- GRE accepted
- Avg age: 28 (80% range range 24 – 33), Avg work experience: 5 (80% range 2 – 8), from BU website: “with few exceptions, accepted students have at least 2 years of full-time work experience”
- Min TOEFL: 600 (paper), 90 (internet), IELTS: 6.5 across each band
- Interviews done by members of Admissions Committee
Financing (36:45)
- Full-time MBA Tuition: $99,600 USD
- Recommended budget: $19,800 per year, so roughly $39,500
- 90% of class awarded scholarships, average amount is over 50% of tuition
- Scholarships are merit-based and awarded with offer
- Int’l students need cosigner for loans
Career (40:05)
- Boston University Questrom MBA – Full-time placement report (yes)
- 93% of graduates had jobs within 3 months of graduation
- Average Salary (bonus): $100,010 ($16,618)
- Graduates in 2012 experienced 100% increase in salary 3 years later
- Top 5 regions graduates worked in: Northeast US 79%, West 10%, 7% Middle Atlantic, 3% Midwest
- Top 5 industries: 24% Consulting, 24% Pharma/Biotech/Health Sector, 19% Technology/Science, 11% Financial Services, 5% Non-profit
- Top 5 functions: 32% Consulting, 24% General Management, 15% Finance/Accounting, 14% Marketing/Sales, 5% Management/Info Systems, 5% Operations
- 45,000 Questrom School of Business alumni living in 136 countries around the world. Boston University has 300,000 alumni worldwide with 23 international chapters
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