57
Course Credits
4
Semesters
$124K
Avg. Cost of Study
24
Months Duration
$133K
Avg. Salary
Introduction to Boston Carroll MBA
At Boston College’s Carroll School of Management, the traditional MBA program offers a well-rounded and versatile business education. This program provides a comprehensive curriculum covering essential business disciplines, including finance, marketing, operations, strategy, and leadership. Students in this program have the opportunity to explore a diverse range of elective courses, enabling them to customize their education to align with their unique career goals. The traditional MBA program equips its students with the knowledge and skills necessary to excel in various business environments, making it an ideal choice for those seeking career advancement or transition.
For individuals with a strong interest in data analytics, technology, and the application of quantitative skills in a business context, Boston College’s Carroll School of Management offers a specialized STEM-Designated MBA Track. This track immerses its students in the dynamic intersection of business and technology. In addition to core MBA courses, students in this track engage in courses labeled as ‘STEM-designated,’ where the focus is on statistical modeling, data warehousing, data mining, programming, forecasting, and operations research. For those aspiring to excel in roles that demand a profound understanding of data-driven decision-making and technology consulting, the STEM-Designated MBA Track provides a clear pathway to a successful career at the forefront of business innovation.
Why Study Boston Carroll MBA ?
67
FT Rankings
42
US News
110
QS Top MBA
Earning an MBA from Boston College’s Carroll School of Management offers a wide array of compelling benefits. Here are some of the most compelling arguments in favor of pursuing this prestigious degree:
World-Class Education: Boston College is renowned for its excellence in business education, and the Carroll School of Management is no exception. Graduates benefit from a high-quality, globally recognized MBA program.
Exceptional Faculty: The MBA program at Boston College is led by a distinguished faculty, many of whom are leading experts in their respective fields. Students have the opportunity to learn from thought leaders who bring real-world expertise into the classroom.
Strong Alumni Network: With a vast alumni network exceeding 196,000, including over 10,000 BC MBA graduates, students gain access to an invaluable professional network that can open doors to career opportunities and mentorship.
Versatility: Boston College’s MBA program offers both a traditional track and a STEM-Designated Track, allowing students to choose a path that aligns with their interests and career goals, whether they seek a broad business education or specialization in technology and analytics.
Adaptability: The MBA program prepares graduates to navigate a rapidly changing job market by providing skills and knowledge that are applicable across industries and adaptable to evolving business landscapes.
Quantitative Focus: The STEM-Designated Track emphasizes quantitative skills, data analysis, and technology, positioning graduates for roles that require expertise in data-driven decision-making, a skill set in high demand across various industries.
Career Advancement: Earning an MBA from Boston College can significantly enhance career prospects, leading to opportunities for leadership positions, increased earning potential, and career growth.
Boston Location: Located in the vibrant city of Boston, students benefit from proximity to a thriving business ecosystem, providing ample opportunities for internships, networking, and post-graduate employment.
Leadership Development: The MBA program at Boston College fosters leadership skills, ethical decision-making, and a commitment to making a positive impact in the business world.
Personal Growth: Beyond professional development, pursuing an MBA also offers personal growth and a broader perspective on global business challenges, enhancing students’ ability to contribute to their communities and society at large.
Program Costs + Living Expenses for Boston Carroll MBA
$ 31,000
Avg. Cost of Tuition/Quarter
+
$14,000
Avg. Living Cost/Quarter
Avg. Cost of Study
The cost of the Boston Carroll MBA programme is approximately $ 124K each quarter for full-time. Students who only attend part-time pay $ 114K every quarter.
- Fees: In addition to paying tuition, students must also pay fees. These fees pay for a range of costs, including student government dues, technology fees, and health insurance for students. Fees are $2,376 for full-time students and $1,770 for part-time students per quarter for the 2023–2024 academic year.
- Housing: The largest expense is typically housing. Rent can vary widely based on location, type of housing (apartment, shared rental, or on-campus housing), and whether you live alone or with roommates. On average, you might expect to pay anywhere from $800 to $2,500 or more per month for rent. This would amount to $2,400 to $7,500 per quarter.
- Food: The cost of food depends on your dining habits. If you cook at home and eat out occasionally, you might spend around $300 to $500 per month on groceries and dining out. This equates to $900 to $1,500 per quarter.
- Transportation: Boston has a public transportation system, and the cost of a monthly T pass (subway and bus) is around $90. If you use other transportation options like taxis or rideshares, this cost may be higher. On average, transportation costs could be around $300 to $400 per quarter.
- Utilities: Utilities such as electricity, heating, cooling, and internet can add another $100 to $200 per month, or $300 to $600 per quarter.
- Healthcare and Insurance: Health insurance costs can vary widely, depending on your age, health, and the type of coverage you have. It’s essential to factor in health insurance premiums, copays, and other medical expenses. This could range from a few hundred dollars to over a thousand dollars per quarter.
- Miscellaneous: Miscellaneous expenses like entertainment, personal care, and other incidentals can vary greatly from person to person. A reasonable estimate might be around $200 to $400 per month, which is $600 to $1,200 per quarter.
Employement Prospects : Boston Carroll MBA
Employed within 3 months of graduation
Avg. Salary
Most Sought-after Jobs
Investment manager.
Change management engineer
Fashion retail project manager
Capital markets analyst
Consultant
Mergers and acquisitions (M&A)
Graduates of Boston College’s Carroll School of Management MBA programs, whether from the traditional MBA program or the STEM-Designated MBA Track, typically enjoy strong employment prospects. The school’s reputation, the quality of its curriculum, and its extensive alumni network contribute to favorable career outcomes for its MBA graduates. Here are some key points regarding employment prospects:
Diverse Career Opportunities: Boston College’s MBA programs prepare graduates for a wide range of career opportunities across various industries. The diverse curriculum equips students with valuable skills in leadership, finance, marketing, operations, and strategy, making them competitive candidates in different job markets.
Strong Alumni Network: Boston College boasts a substantial alumni network, which includes influential business leaders and professionals. Graduates can tap into this network to access job leads, mentorship, and career guidance.
Career Services: The Carroll School of Management typically provides robust career services and support to MBA students, including resume building, interview preparation, and job placement assistance. The school’s career services office often partners with companies to facilitate recruitment opportunities.
Specialized Expertise (STEM-Designated Track): For those pursuing the STEM-Designated MBA Track, the focus on quantitative and analytical skills positions them well for careers in data analytics, technology consulting, supply chain management, and other fields that require strong data-driven decision-making abilities. This specialization can enhance their employability in industries seeking these skills.
Boston Location: Being situated in Boston, a hub for various industries such as finance, technology, healthcare, and biotechnology, provides MBA graduates with access to a dynamic job market with numerous opportunities.
Reputation: Boston College has a respected reputation in the business world, which can open doors for its MBA graduates. Employers often value candidates with degrees from reputable institutions like Boston College.
- Companies: McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, Goldman Sachs, JPMorgan Chase, Pfizer, Johnson & Johnson, Procter & Gamble, Unilever are some of the important players of Business World that hire graduates from this college
Eligibility Criteria for Boston Carroll MBA
Academic Qualifications:
- A four-year bachelor’s degree from an accredited college is required of all students.
- Students who possess a relevant technical background in engineering, physics, or another related field and meet the aforementioned degree requirement.
- Students accepted to Stanford have an overall high school GPA of 3.0 on a 4.0 scale.
Student Eligibility for Indians:
If an Indian student satisfies one of the following requirements, they may apply: completed a 4-year UG degree with a first-class grade from an accredited university in a relevant discipline.
Note: Stanford does not consider a three-year bachelor’s degree in any discipline to be sufficient for graduate study. After receiving a three-year bachelor’s degree from India, you must complete a two-year master’s programme.
Documents required : Boston Carroll MBA
- Online Application: Students have to submit an online application form at the official website.
- Application Fee: Students need to submit their application fees.
- Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
- 3 Letters of Recommendation: Three letters of recommendation are required; one letter must come from an academic source, although Carroll prefers at least two. Recommendations must be submitted online.
- Official GRE Test Scores: Students have to submit their GRE Test Scores.
- ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.
Wondering if you can target this school?
Free Profile Evaluation Workshop
Join our live workshop and
Get all your profile related questions answered.
Scholarships Available : Boston Carroll MBA
Barry Goldwater Scholarship: This scholarship supports undergraduate students pursuing degrees in mathematics, natural sciences, and engineering who demonstrate exceptional potential for research and leadership in these fields.
Ernest F. Hollings Scholarship: The Hollings Scholarship is awarded to undergraduate students majoring in oceanic, atmospheric, or environmental science, with the goal of preparing students for careers in these areas, particularly within NOAA (National Oceanic and Atmospheric Administration).
Harry S. Truman Scholarship: This scholarship is for outstanding undergraduate students who are committed to public service and leadership. It provides financial support for graduate studies in preparation for careers in public service.
Morris K. & Stewart L. Udall Scholarship: The Udall Scholarship is awarded to undergraduate students who are passionate about environmental and Native American issues, as well as those pursuing careers in fields related to public policy and leadership.
James C. Gaither Junior Fellows Program: This is a postgraduate fellowship offered by the Carnegie Endowment for International Peace. It provides recent graduates with the opportunity to work as research assistants on various international affairs issues.
Pamela Harriman Foreign Service Fellowship: This fellowship is for graduate students who aspire to careers in diplomacy and foreign service. It supports internships at U.S. embassies or foreign ministries.
FAO Schwarz Foundation Fellowship: This fellowship offers recent college graduates the opportunity to work for two years with nonprofit organizations that focus on children and families.
Herbert Scoville, Jr. Peace Fellowship: This fellowship is awarded to recent graduates who are committed to promoting peace and security issues. Fellows work with organizations in Washington, D.C., on policy and advocacy initiatives.
J. William Fulbright Scholars Program: The Fulbright Program is one of the most well-known international exchange programs. It provides opportunities for U.S. students, scholars, and professionals to study, teach, or conduct research abroad, fostering cultural exchange and understanding.
Specializations & Electives Offered
MBA master’s students complete breadth as well as depth. All are required to develop competence in optimisation and analytics, organisations and decisions, and probability. In addition, every student pursues a speciality in one of following areas:
Asset Management: This concentration may cover investment strategies, portfolio management, and financial analysis, preparing students for careers in asset management firms, investment banks, or financial planning.
Business Analytics: Business analytics focuses on using data and statistical analysis to make informed business decisions. Graduates with this concentration often pursue careers in data analysis, business intelligence, or data-driven management roles.
Competitive Service Delivery: This area may emphasize strategies and tactics for delivering superior services in competitive markets. Graduates may seek roles in service-oriented industries such as hospitality, healthcare, or consulting.
Corporate Finance: Corporate finance concentrations typically cover financial management within organizations, including topics like capital budgeting, risk management, and financial strategy. Graduates may work in finance departments of corporations or financial institutions.
Financial Reporting and Controls: This concentration may delve into accounting and reporting standards, internal controls, and compliance. Graduates might pursue careers in auditing, financial reporting, or finance management.
Global Management: Global management programs often focus on international business strategies, cross-cultural management, and global market dynamics. Graduates can pursue careers with multinational corporations or in international business roles.
Leadership and Management: This concentration can help develop leadership skills and management techniques for leading teams and organizations effectively. Graduates may take on leadership roles in various industries.
Marketing and Information Analytics: Combining marketing and data analytics, this concentration equips students to make data-driven marketing decisions. Graduates may work in marketing analytics, digital marketing, or market research.
Product and Brand Management: This area emphasizes product development, branding, and marketing strategies. Graduates often pursue careers in product management or brand management roles.
STEM-Designated Electives: These electives are likely part of the STEM-Designated MBA Track, focusing on quantitative skills, data analysis, and technology applications within business contexts
To know in depth about the curriculum and pre-requisites click here.
FAQs About MBA
What are the scholarships available at Boston Carroll for MBA?
Click on this link to know about the financial aids.
If I am an international student, can I use Curricular Practical Training (CPT)?
Carroll School students should contact the Office of International Students and Scholars (OISS) for information on the CPT. Afterwards, students should contact Kevin Lux Ven for assistance with the required paperwork and internship course requirements.
Are internships considered as work expereince?
You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).
What are the minimum GMAT/GRE scores and minimum GPA required for acceptance into the program?
There are no minimum GMAT/GRE or GPA requirements. However, we recommend that you review our class profiles to see how your scores and grades compare to those of our current students:
Is the STEM designation available to all MBA students?
The STEM designation was approved by Boston College in Fall 2022. At this time, the STEM-designated track is only available to full-time MBA students, beginning with the class that entered in Fall 2022.
