Owen Graduate School of Management – Vanderbilt University

Faculty

Sixteen professors comprise the Owen MBA faculty for core courses. Thirty-nine other faculty members and 34 affiliated faculty are spread across the program’s seven academic areas: Accounting & Taxation, Finance, Health Care, Marketing, Operations Management, Organization Studies, Strategy & Business Economics.They come from a variety of backgrounds and can offer students real-world insight into the workings of major corporations.

Curriculum

The Vanderbilt MBA can be completed in two years, and it requires 62 credit hours of study. To facilitate rapid understanding of concepts, the degree operates on a modular system in which two seven-week “mods” make up one semester of study. This gives students the opportunity to cover a significant amount of material quickly.
In their first year, MBA candidates complete the 11 core courses in financial accounting, managerial accounting, world economy, economics, finance, leadership, management communication, strategic management, marketing, operations, and statistics. Students then complete 12 hours of study in at least one concentration. MBA students may pursue concentrations in accounting, finance, general management, health care, human and organizational performance, marketing, operations, and strategy. In addition, students may obtain a career-focused specialization by completing 20 hours of study in brand management, corporate finance, human and organizational performance, or investment management. Lastly, MBA students may take courses for credit from other Vanderbilt graduate schools such as the Law School, Peabody School of Education, or Medical School.

Other MBA Options

In addition to the full-time MBA, Owen offers a Health Care MBA, an Executive MBA and an Americas MBA for Executives. The Health Care MBA takes two years to earn. Students complete the core coursework and a specialization from the traditional MBA, as well as coursework entailed in the Health Care specialization. It is designed for professionals in the health care industry who want to integrate business practices.

The Executive MBA takes place across 21 months, with classes every other weekend. It is designed for professionals targeting senior-level roles or existing senior managers. Students typically have 12 years of work experience and the curriculum focuses on strategy, leadership and finance.

The Americas MBA for Executives is targeted to senior professionals interested in managing transnational affairs. Classes meet on two Saturdays per month, and team projects are conducted online in between class days. Owen has partnered with universities in Brazil, Canada and Mexico for in-country immersions.

Concentrations at Owen

• Accounting
• Health Care
• Human and Organizational Performance
• Marketing
• Operations
• Strategy

Degree Offerings at Owen

Full-Time MBA
http://www.owen.vanderbilt.edu/programs/mba/

Health Care MBA
http://www.owen.vanderbilt.edu/programs/health-care-mba/index.cfm

Executive MBA
http://www.owen.vanderbilt.edu/programs/executive-mba/index.cfm

Americas MBA for Executives
http://www.owen.vanderbilt.edu/programs/americas-mba-for-executives/index.cfm

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Clubs, Conferences, & Competitions

Vanderbilt MBA students may work on their networking and leadership skills by joining some of the school’s 30-plus clubs. Professional, affinity, outreach, athletic, and special interest clubs are all available. For instance, students may get involved with the Asset Management Club of Owen for educational purposes, as well as the Cork & Barrel Club for socializing with their fellow classmates. In addition, fun activities such as Trivia Night and the Owen Olympics are also offered throughout the year.

Furthermore, the school’s conferences and research seminars offer students additional networking, educational, and career advancement opportunities. For instance, the School of Management hosts an annual Health Care Conference and Career Fair featuring distinguished speakers, a recruiting fair, and a networking reception. In addition, frequent seminars cover topics ranging from accounting & taxation to strategy & business economics.

Lastly, Vanderbilt MBAs are encouraged to take part in national case competitions. According to their latest results, teams from Owen have taken home first-place wins at the 2013 Chicago Quantitative Alliance Challenge, 2013 Emory Leadership in Healthcare Case Competition, and the 2011 Avnet Supply Chain Challenge. In addition, Owen students manage the National MBA Human Capital Case Competition, which encourages students from across the country to present solutions for real-world human capital issues.

Campus Spaces

Located a mile and a half from downtown Nashville, the Owen Graduate School of Management is housed in its own building on Vanderbilt’s campus. The Walker Management Library is also a part of Owen, and it gives students access to helpful databases and technology.

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Career Services

Owen’s Career Management Center can help guide students toward internships and full-time employment. Career advising, mock interviews, and career development tools are all available for student use. In addition, Owen hosts on-campus recruiting events and information sessions for any interested organizations. Recruiting events take place throughout the year, and organizations may also post job openings directly to students.

Top hiring companies for Owen students include Amazon, AT&T, Deloitte, General Electric, Johnson & Johnson, American Airlines, and KPMG Consulting.

Career Statistics

Ninety-four percent of the class of 2016 received a full-time employment offer within three months of graduation. The average base salary was $110,357 with a signing bonus of $25,082. A quarter of students took jobs in consulting, while 24% entered the health care industry. Fifteen percent of the Class of 2016 joined the financial services industry, and technology claimed 13%. The remaining students splayed across manufacturing, consumer products, retail and more. The most popular locations for employment were Nashville, Atlanta, New York, Los Angeles, Chicago, and the Seattle metro areas.

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The Class Profile

The Class of 2018 is comprised of 175 students. They have an average age of 28, with a range of 21 to 40. The class has a mean undergraduate GPA of 3.4, a mean GMAT of 691, and a mean TOEFL score of 107. Students have an average of 5.3 years of work experience. Women comprise 30% of the class, whereas international students made up 29% of the class.

Application Procedures

Vanderbilt Owen gives its MBA applicants the choice of applying in one of four admissions rounds, which usually take place late October through early May.  After the fourth round, admissions are rolling. The application requirements for Vanderbilt Owen include completing the school’s application forms and submitting essays, a résumé, two letters of recommendation, $175 application fee, and unofficial college and graduate transcripts. Applicants must also report their GMAT and, when applicable, TOEFL/IELTS scores. Interviews are required for admission, and Owen encourages applicants to schedule an interview along with a campus visit, no matter where they are in the application process.

Application Checklist

• Online Application
• Application Fee
• Official GMAT or GRE test scores
• Unofficial Transcripts
• Resume
• Comprehensive Work History
• Essays
• Two letters of recommendation
• Official TOEFL, IELTS, or PTE scores (international applicants)

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For the 2016-17 school year, tuition is $51,900, and the estimated total cost (including room & board and personal expenses) is $77,430. Therefore, the estimated total cost of the two-year degree is $154,860.

Scholarships are readily available for MBA candidates. All applicants are considered for scholarships automatically at the time of application, and these awards range from $5,000 to the full cost of tuition. Awards are based on academics, professional achievements, application strength, and the admissions interview. In addition to these scholarships, students may also receive aid from the Forte Fellowships for Women, Diversity Scholarships, the Toigo Fellowship, the National Black MBA Association Scholarship Program, the Point Foundation, and the Reaching Out MBA Fellowship. Twenty-one named scholarships are also available for applicants.

Furthermore, loans and other financial resources are also available for students. Federal financial aid may be awarded to students who are U.S. citizens. Interested students may also work up to 20 hours per week, and graduate student work assignments, as well as other on-campus opportunities, may be available. Lastly, students are encouraged to consider external funding opportunities from student loans.

Estimated Cost of Attendance

• Tuition: $51,900
• Fees: $438
• Meals: $4,158
• Room & Board: $10,504
• Books & Supplies: $1, 842
• Personal Expenses: $2,838
• Transportation: $1,994
• Loan Fees: $1,272
• Health Insurance: $2,484
• Total: $77,430

  Get all of this info to read on the go! Download the Vanderbilt Owen School Snapshot PDF.