Owen Graduate School of Management – Vanderbilt University
The Vanderbilt Owen Graduate School of Business offers a full-time MBA option that can be completed in two years. The college provides students with a rich variety of real-world projects as well as a flexible curriculum. With a close-knit faculty and many career-focused options for study, the Vanderbilt MBA appeals to students who value a targeted business education across a wide variety of disciplines.
What is the tuition for Vanderbilt’s MBA program?
The tuition for Vanderbilt’s MBA program is $68,500 per year. The total cost of the Vanderbilt MBA program is $103,174 per year; this includes budgeted living expenses.
What is the median GMAT score for admission to Vanderbilt’s MBA program?
The median GMAT score for the incoming class at Vanderbilt is 700.
Does the Vanderbilt MBA program accept the GRE?
Yes. The Vanderbilt MBA program has accepted the GRE for a few years now.
What is the average GRE score for admission to Vanderbilt’s MBA program?
Vanderbilt does not publish an average GRE score for its incoming class, but does accept the GRE for admissions.
What is the minimum number of years of work experience required for admission to Vanderbilt's MBA program?
Vanderbilt does not state a minimum requirement for years of work experience. The average years of work experience for the latest MBA class at Vanderbilt Owen is 5.3.
What is the average starting salary for graduates of the Vanderbilt MBA program?
The average starting salary for Vanderbilt MBA graduates is $125,130. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.
How long is Vanderbilt's full-time MBA program?
Vanderbilt / Owen offers a traditional 2 year MBA program.
What are the application deadlines for Vanderbilt's full-time MBA program?
The Round 1 MBA application deadline is October 3, 2023. The Round 2 application deadline is January 8, 2024. The Round 3 deadline is February 27, 2024. The Round 4 deadline is March 26, 2024. After May 15, admissions are rolling.
What percent of Vanderbilt MBA students are women?
The percentage of the class at Vanderbilt that are women is 29%.
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The Class Profile
The Class of 2024 is comprised of 147 students. The class has a median undergraduate GPA of 3.34, a median GMAT of 700, and a mean GMAT score of 690. Women comprise 29% of the class and international students made up 31% of the class. The members of the Class of 2024 averaged 5.3 years of work experience before matriculating.
Vanderbilt Owen gives its MBA applicants the choice of applying in one of three admissions rounds, which usually take place from mid-October through early April. After the third round, admissions are rolling. The application requirements for Vanderbilt Owen include completing the school’s application forms and submitting a written essay, a video essay, a résumé, two letters of recommendation, $200 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. Webcam interviews will be offered by invitation only after submission of an application.
- Online Application
- Application Fee
- Official GMAT or GRE test scores
- Unofficial Transcripts
- Written Essay
- Video Essay
- Two letters of recommendation
- Official TOEFL, IELTS, or PTE scores (international applicants)
Essay Topic Analysis
Vanderbilt / Owen LiveWire and DecisionWire
Rejected from waitlist after interview in R3, submitted multiple updates.
I think mostly all R3 candidates got rejected
Applied in R2.5 and just got off the waitlist.
Applied to just 2 universities and in the final international rounds. Got waitlisted at Owen. Rice decisions are said to come out on 10th. Any advice on how I can do better my chances to get off the waitlist at Owen cause on the work front there really has not been too many changes since I applied (which was last month). I could definitely get in another recommendation letter.
Accepted at Olin, rejected at NYU, waitlisted at Owen, awaiting decisions from Haas, Rice. Awaiting interviews from Cornell, Scheller Tech.
Twenty-one professors comprise the Owen MBA faculty for core courses. Seventy-five other faculty members are spread across the program’s seven academic areas: accounting, finance, healthcare, marketing, operations management & quantitative methods, organization studies, and strategy and economics. They come from a variety of backgrounds and can offer students real-world insight into the workings of major corporations.
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 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 analytics, 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. Students who are interested in gaining further knowledge in their concentration or specialization can complete one of three emphases: entrepreneurship, international studies, or real estate. 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 an Executive MBA. 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 11 years of work experience and the core curriculum focuses on strategy, leadership, and finance. In their second year, students have the option to choose between two tracks: Executive Edge and Global Immersion. The Executive Edge Track focuses on strategic skills and improving financial acumen. The Global Immersion Track gives Owen students substantial international business experience by placing them in an international cohort in which they complete immersive residencies in Brazil, Canada and Mexico.
Concentrations at Owen
Human and Organizational Performance
Operations & Analytics
Degree Offerings at Owen
Clubs, Conferences, & Competitions
Vanderbilt MBA students may work on their networking and leadership skills by joining some of the school’s 36 clubs. Professional, affinity, outreach, athletic, and special interest clubs are all available. For instance, students may get involved with the Owen Finance Club 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 Vanderbilt Healthcare Business Association hosts a speaker series featuring distinguished speakers. 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. In recent years, teams from Owen have taken home first-place wins at the Fourth Annual PepsiCo Invitational MBA Marketing and Finance Case Competition, 2016 TechVenture Challenge, and 2016 National Business Case Competition. 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.
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.
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, Deloitte, EY, Accenture, Genentech, and KPMG Consulting.
Ninety-seven percent of the Class of 2021 received a full-time employment offer within three months of graduation. The average starting salary was $125,130. Consulting and healthcare led the pack of industry choices, as each took in 22% of graduates. Financial services followed at 19% and then technology at 16%. Six percent or less joined CPG, manufacturing, energy and other fields.
Forty-three percent of the Class of 2021 stayed in the South, with 30% settling in the Greater Nashville area. The next most popular destination was the Northeast U.S., claiming 20% of graduates. Twelve percent headed to the West, and the same to the Southwest U.S. Eight percent headed to the Midwest and 5% took jobs in the Mid-Atlantic region of the U.S.
For the 2023–24 school year, tuition is $68,500 and the estimated total cost (including room & board and personal expenses) is $103, 174.
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. Fifty 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 aside from student loans.
Estimated Cost of Attendance
- Tuition: $68,500
- Transcript Fee: $100
- Books & Supplies: $500
- Health Insurance: $3,735
- Maintenance Fee: $1,250
- Student Services Fee: $610
- Student Health Fee: $774
- Housing: $15,562
- Food: $7,120
- Personal: $1,977
- Transportation: $1,536
- Total: $103,174