Short Answer – The average GMAT score at OWEN 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 OWEN for the last graduating class was $140,000. 97% of the class was employed with 3 months of graduation with majority of class going into consulting (34%), Finance (20%) and technology (17%) oriented functional roles.
“The Career Management Center was there to give me pep talks and advise me on companies and alums I should contact,” he says. “Without their help, I would never have known to reach out to an alum at EY and never would have started building the relationship with the firm. They told me I would be a great candidate for EY and gave me two names to contact. After that, the rest is history.” – Brian Hawkins (MBA’19)
The Tuition fees for OWEN MBA is $ 130,000 and an additional $ 24,000 in living cost.
All applicants are automatically considered for merit-based scholarship at the time of admission. Scholarships are awarded based on academic achievement, potential for excellence in a management career, leadership potential, extracurricular activities, application strength and potential to contribute to our community.
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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.
A three (3) year degree (B.Com, B.A. or B. Sc) will be accepted when accompanied by a WES evaluation certifying that the degree is equivalent to a four-year U.S. Bachelor’s degree. Alternatively, applicants may complete the Chartered Accountancy Designation OR at least one year of a Master’s of Commerce degree program to compliment the three-year degree. You can view our international education requirements here.
We consider all full-time work, including military experience and volunteer work. Most students in our program have at least 2 years of work experience, with the majority of students having an average of 4-6 years of full-time post-baccalaureate experience.
In order to qualify for the Federal Direct Stafford Loan Program, you must complete the Free Application for Federal Student Aid, or FAFSA. Information about completing the FAFSA Form can be found on the website for the Vanderbilt University Office of Financial Aid. Filing of the Free Application for Federal Student Aid (FAFSA) is the first step in applying for federal financial aid.
All applicants are automatically considered for scholarship awards at the time of admission. Scholarships range from $5,000 per year to full tuition. More information on scholarships can be found here. The full amount of scholarship awarded may be spread across more than one named award, with the total amount of all scholarships announced at time of admission.
Interviews are an essential component of the application. Interviews are conducted by invitation, after review of application materials.