696
Avg. GMAT
28
Avg. Age
5 Yrs.
Avg. Exp.
83
Class Size
24
Months Duration
What is a good GMAT score for Olin MBA?
Short Answer – The average GMAT score at Olin is 670 for the last entering class. If you score above 670, 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.
Average Employment Salary after Olin MBA?
The average salary at Washington Olin for the last graduating class was $103,000. 97% of the class was employed with 3 months of graduation with majority of class going into consulting (21%), Finance (26%) and technology (30%) oriented functional roles.
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Key Employers
- Mckinsey
- Amazon
- EY
- Mckinsey
- Amazon
- EY
Employed within 3 months of graduation
Avg. Salary
21%
Consulting
26%
Finance
30%
Technology
23%
others
Tuition Fees & Scholarship at Olin
The Tuition fees for Washington Olin MBA is $ 140,000 and an additional $ 22,000 in living cost.
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Important Scholarships
- St. Louis Start-Up Scholarship
- Diversity, Equity and Inclusion Scholarship
- EMBA Nonprofit Scholarship Program
Cost of Attendance
$ 144,000
Tuition Fee
+
$ 22,000
Living Cost
Quick Overview & Rankings
N/A
FT Rankings
19
Economist
31
QS Top MBA
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FAQs about Washington Olin
DO YOU NEED TO SPEAK FRENCH TO JOIN THE PROGRAM?
No, speaking French is neither an entry nor an exit requirement for the Program. However, optional French language courses are offered free of charge during the course of the program.
Please also note that graduation requirements for the HEC MIF include speaking at least one other language (apart from English) at least at intermediate level (that language may be your native language).
HOW DO ONE APPLY FOR THE PROGRAM?
First you have to create an account at hec.edu/applytomasters and then begin to fill in your application. You are able to submit an application when:
· your application form is 100% complete
· you have uploaded all the required documents
· you have paid the application fee of €110
ARE INTERNSHIPS CONSIDERED AS WORK EXPERIENCE?
You can enter all types of work experience in the Education and Experience section as well as detailing these experiences on your CV (Resumé).
HOW MUCH IS THE APPLICATION FEE?
The application fee is 110€, and must be paid by Credit card when you submit your application. The application fee is required and non-refundable.
CAN ONE GET A BANK LOAN IN FRANCE?
Students may also finance the cost of their education with student loans, which typically carry low interest rates and can be paid back following graduation. However, French banks require a guarantor living in France. We suggest that you contact your local bank in your home country. They often have close links to certain banks in France.
At the beginning of each semester for three weeks, various banks come to take part in the Bank Forum organized by HEC Paris to allow you to learn about bank loans, open a French bank account, and compare the exclusive financial benefits offered to HEC students. Over the course of the academic year, BNP Paribas, la Société Générale and LCL have a permanent stand in the RU twice a week; this means you will always be able to get support and information from people who are used to helping international students. You can open a bank account and pick up your card in the same place. Please note that it is compulsory to open a French bank account to get a residence permit and for receiving housing aid.
