John M. Olin School of Business
(Washington University)
QUICK FACTS
- Location: St. Louis, MO, USA
- Program Length: 2 years
- Program Cost: $132,400
- Average GMAT score: 696
- Acceptance Rate: 43%
- Average Work Experience: 3.4 years
Employment Reports (2022)
- Received an Offer: 95%
- Accepted an Offer: 95%
- Median Salary: $117,700
- Median Signing Bonus: $29,100
RANKINGS
- #31 Financial Times 2023 MBA Ranking
- #20 US News - Best Business Schools
CLASS OF 2024
- Total Enrollment: 90
- Women: 46%
- Average GPA: 3.4
ABOUT
John M. Olin School of Business is a part of Washington University. Students at Olin are challenged to look beyond the bottom line. Olin encourages an environment where they learn to balance data and guiding principles. Through experiential learning and analytical rigor, students learn to tackle modern challenges in an impactful way. Olin embraces an entrepreneurial spirit that drives their research, academia, and innovation of the university community. Olin’s four principles are:
- Value-Based, Data Driven
- Global Outlook
- Experiential Learning
- Entrepreneurial Spirit
APPLICATION DEADLINES
- Round 1: September 20th, 2023
- Round 2: January 10th, 2024
- Round 3: April 10th, 2024
APPLICATION PROCESS
Transcripts
Candidates must submit Academic Transcripts (unofficial)
GMAT or GRE
The GMAT or GRE tests are considered in the application process to assess academic ability, with no preference for either test. Unofficial transcripts and test scores are accepted for the purpose of making an admissions decision. However, official test scores must be submitted before June 1 for summer start programs and July 15 for fall start programs if enrolling in a Specialized Master’s program. Detailed program requirements should be consulted for additional information.
Foreign Language Requirement
International applicants, excluding those from specific English-speaking countries, must take TOEFL (iBT or Home Edition) or IELTS (Academic or Indicator) if their native language is not English. Only scores from tests taken within two years of the program start are accepted. However, applicants from certain countries, and those who have completed a minimum of three consecutive years of coursework at a college or university in specific English-medium countries, may qualify for an English proficiency score waiver.
Essay Description
Required Essay (500 words maximum):
In this essay, applicants are asked to reflect on a personal value that is significant to them and explain how it relates to their career goals. This prompt encourages candidates to delve into their core beliefs and draw connections between these values and their professional aspirations.
Optional Essay (250 words maximum):
Applicants are given the opportunity to share additional information that has not been covered in the application. This essay is optional, allowing candidates to address any aspect of their candidacy they feel is important for the admissions committee to know. This could include unique experiences, challenges overcome, or any other relevant information that strengthens their application.
Resume
Students need to submit a one-page resume.
Interview
Applicants to specialized master’s programs are required to submit a video interview as part of the application process. Upon submitting the application to Olin, applicants will receive a unique URL link via email. This link will contain instructions detailing the video submission process.
Application Fee
$100 application fee.
STUDENT LIFE
At Olin, students will find a dedicated and supportive faculty, as well as a collaborative and team-based educational approach. Olin has a strong relationship with St. Louis’ business community, meaning students have a host of opportunities at their fingertips. From Missouri’s Botanical Garden to Laumeier Sculpture Park, students can experience all St. Louis and Olin have to offer them.
MBA PROGRAM OVERVIEW
With options to earn a STEM MBA or a STEM-designated dual degree which take an equal time as the regular full-time MBA. Through experiential learning, MBAers learn an entrepreneurial mindset which helps them succeed in the face of any business challenge. Global curriculum defines the MBA program and helps mold the next generation of leaders. Students Gain insights into how business is conducted around the globe and how to communicate and engage cross-culturally. Decision-making based on evidence-based insights and deeply held values prepares students to not only be a part of change but to lead it as well.
First Year
The first year at Olin is broken down into three semesters. Summer, Fall, and Spring. Out of the 67 credits needed to graduate, 41.5 of them are required. Most required courses are completed within the first Summer and Fall semesters. Courses during the first year prepare students for their summer internship.
Fall Semester
- Values-Based/Data Decision-Making
- Global Institutions and Values
- Foundations of Impactful Teamwork
- General Management Practice for International Business
- Managerial Economics
- Financial Accounting
Second Year
During the second year, students have the flexibility to design their course load to better suit their needs. The only required courses over the course of the year are Leadership Development and The Global Business Environment in the 21st Century.
Spring Semester
- Financial Accounting
- Business Analytics
- Elective Courses
FEATURED PROFESSORS
Catherine Dunkin
Professor Dunkin is a professor of practice in communications. Her research interests include Business Communication, Entrepreneurship, Values-Based Leadership, and Collective Impact. She is active on campus and is the co-curricular Team Leader of Communication@Olin as well as the faculty advisor for Olin Women in Business. She is the recipient of numerous awards, including St. Louis Media Hall of Fame in 2014, and Inc. 5000 Fastesst-Growing Companies in 2007.
Brett Green
Professor Green is an Associate Professor of Finance. His expertise is in Economics, Microeconomics/Industrial Organization, Corporate Finance, Finance/Investment, and Financial Economics and his research includes financial economics, information economics, corporate finance, contract theory, Development Economics, and Sports economics. He is well-published, with his work appearing in the Journal of Financial and American Economic Review, among others.