Short Answer – The average GMAT score at Olin is 740 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
The average salary at Olin for the last graduating class was $175,100. 96% of the class was employed with 3 months of graduation with majority of class going into consulting (21%), Finance (23%) and technology (29%) oriented functional roles.
The Tuition fees for Olin EMBA is $144,150.
This includes tuition, fees, materials, meals, parking, career coaching, and workshops. Airfare for residencies is not included in the tuition. After offered admission by the school, a $2,500 nonrefundable deposit is required to be submitted within five days to hold a spot in the program.
QS Top MBA
Wondering if you can target this school?
Join our live workshop
Get all your profile related questions answered.
We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
GMAT / GRE Score
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
Yes, the program is accredited by the AACSB (Association to Advance Collegiate Schools of Business) International, the world’s leading accrediting association.
Most applicants aren’t required to submit their GMAT or GRE score. Your official university transcripts are required, however, and are used to determine your academic aptitude for the Executive MBA program.
Typically, you spend 30 hours per month in class and 10 to 15 hours per week studying and completing course work. Consequently, time management and family support are essential to program success.
With few exceptions, the program is taught by tenured Olin faculty members. These professors are some of the brightest minds in business, internationally known for their exceptional teaching, research productivity, and management expertise. With input from Olin’s corporate partners, they advance a curriculum rooted in leadership development, strategic problem solving, and skills application.
Yes, an in-person interview with two members of the Executive MBA Admissions Committee is required as part of your admissions process. Interviews usually last an hour and are scheduled by appointment after you submit your application and supporting documents. Interviews are in St. Louis.