Short Answer – The average GMAT score at HEC Paris is 690 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 UCLA Anderson MIF for the last graduating class was $129,000. 100% of the class was employed with 6 months of graduation with majority of class going into consulting (34%), Finance (28%) and technology (26%) oriented functional roles.
A Master of Financial Engineering benefits the applicant from their wealth of network opportunities. With a €129,000 average salary, UCLA provides a network of over 300 companies that recruit UCLA graduates. Asset management, Equity Research ,Sales and Trading are a few popular job opportunities for the young MIF graduates
The Tuition fees for UCLA Anderson MIF is $78,740 and an additional $ 27,000 in living cost.
For many years now, UCLA has been committed to enabling the most talented international students to pursue their studies within their elite business school. There are various scholarships for students such as Excellence Scholarships , etc.
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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 UCLA Anderson MFE program qualifies as STEM, which can extend an international student’s Optional Practical Training (OPT) by 24 months – for a total of 36 months. OPT is temporary employment for practical training directly related to the student’s major area of study. OPT rules may be found here.
All prospective students are expected to have a strong quantitative background, including linear algebra, multivariate calculus, differential equations, numerical methods and advanced statistics and probability. In addition, applicants should have some experience or coursework in computer programming (e.g., C++, Java, or Python), plus statistical and econometric modeling (e.g., R, SAS, STATA, or MATLAB). It is important to demonstrate competence in your quantitative abilities and analytical skills in your application, through undergraduate math courses and/or your GMAT or GRE score.
The MFE program will accept a test score report from either the GRE or the GMAT. Preference to one exam is not given over the other.