Emory University’s Goizueta Business School’s MBA curriculum which combines theoretical classroom work with practical application works towards creating leaders for future. The college has shaped the character of the program on seven core values – courage, integrity, accountability, rigor, diversity, team, and community which ultimately help in the institute to form business leaders historically.
Admissions and Tuition:
Along with its regular two year MBA course, Goizueta also offers one-year accelerated program for candidates with prior business concentration. While most aspects of the applicants are considered on equal basis, the institute differentiates on the essay front. It lays less emphasis on the essay portion.
Acquiring a seat in such a prestigious institute is no cakewalk. This is demonstrated well by statistics for the year 2009-2010 of both the curriculum courses as under:
For the two year MBA program:
*Applicable Candidates = 1168
*Candidates Accepted = 34%
Mean GMAT = 676
*GPA = 3.3
Students in a class = 170
*Total Work-ex = 5
For one year MBA programs:
Students in one-year class = 47
GMAT score = 560-710
(middle 80% ranging)
* Marked articles remained almost the same during the year without any changes.
This shows that the institute is judicious to select its students from a vast pool of candidates and does not compromise on the quality of students it selects.
While most of the curriculum in the one year and two year courses is the same, there is a vast difference between the fee structures of the courses. This can be grossed from the cost structure for the year of 2009-2010.
The total tuition and fees of the full two-year program are $83,052 with the recommended budget, including living expenses and ancillary costing $62,286 per year. Thus, out of the two programs, the one-year program appears to be more economical than the two year course.
In order that the mounting costs do not increase the study pressure of the student, the institute has made arrangements for students to avail loans via Emory’s Financial Aid Office.
According to the statistics reported by the institute, 87% of students received financial aid in 2009-2010, and the average package was $45,092 which was purely awarded on merit basis. Also, all applicants applying before February 1st were also considered for 2010-2011 wherein 27 full-tuition scholarships have been likely to be conferred to 2-year candidates for 2010-2011.
Further according to the numbers, the average scholarship dished out for 2009-2010 was $18,270. Notable scholarships amongst these include, the Robert W. Woodruff Fellowships and Goizueta Fellowships, both of which award a full tuition, fees which is coupled with a $3000 stipend for two years. Apart from the scholarships, the students can also apply for assistantships that usually begin in spring.
Academics and Curriculum:
Emory University’s Goizueta Business School’s MBA curriculum has been neatly chalked out to provide specializations to both of its one year and two-year courses which follow the semester systems.
The two-year students are equipped to learn a broad base of skills ranging from data analysis to financial reporting during three modules in the fall. Later in spring, the students are offered electives which roll on to the next year. A two-year student is mainly offered 13 elective subjects which form a part of the curriculum which eventually help him shape up his career and his path of life.
The one year MBA program follows a similar pattern which begins with an accelerated summer core and moves on to traditional second year coursework in the fall. While the rest of the course pattern is similar, the number of electives which a student chooses from is limited to 10 for the total course.
Further, students can gain additional benefits from specialized courses in management practice, professional communication, and professional development, providing significant training in people skills.
All this is done through the unique training method which comprises coursework (35%) that is taught using the case study method; through lecture method (30%), through team projects (20%), through experiential learning (15%).
Choosing from among 23 concentrations, students can focus on subjects drawn from six academic areas. For instance, finance students can take advantage of such resources as the Emory Center for Alternative Investments, which stresses real estate, venture capital, hedge funds, and private equity development, and the Goizueta Real Estate Program, which provides advanced courses in capital markets and development. Marketing students practice hands-on consulting through work with the Goizueta Marketing Strategy Consultancy, while organization and management students can work with the Washington Campus Consortium for an immersive governmental seminar in Washington, D.C.
Further, based on a competency model including cognitive, behavioral, emotional, and relational skills, Goizueta’s leadership guidance is a prominent part of the MBA program. Through both theoretical classroom work and experiential practice, students develop the skills they need to lead the pack in 21st century business.
Alongside, the institute has also developed the Goizueta Advanced Leadership Academy (GALA) offers further leadership development in a concentrated one-week class highlighting interpersonal skills. Students also have the opportunity to become a GALA fellow, participating in various high-level leadership assessments, workshops, and nonprofit work before finishing the program with the Capstone Challenge.
Partnering with the Emory School of Medicine, the Emory Law School, the Rollins School of Public Health, and the Candler School of Theology, students can explore joint degree programs ranging from the Doctor of Physical Therapy and Doctor of Medicine to the Masters in Public Health, Masters in Divinity, and Juris Doctorate.
Quality of Life:
Located in Atlanta, capital of Georgia and a major business hub of the southern United States, the institute offers its students a wide variety of cultural and sporting events in a warm, humid climate. Working closely with the diverse, expanding local business community, students can make connections which will directly benefit their career development.
However, MBA students are more likely to live off-campus since graduate student housing is being phased out at Emory. Students can most likely opt for a neighborhood from nearby Druid Hills and suburban Decatur to Kirkwood, Cabbagetown, and the Old Fourth Ward. Atlanta housing is relatively inexpensive compared to many major urban areas with a standard 2-bedroom apartment can be found for as little as $700 per month.
The location of the institute is often beneficial for students who want to enjoy the night life. Ranging from Net Impact and the Microfinance Club to the Goizueta Real Estate Club and the Core Values Council, MBAs can make both personal and professional connections with their fellow candidates. Also, leadership which is one of the key aspects of the institute is well nurtured via its case competitions which are conducted by allowing teams to participate in a variety of specialized competitions. Students can also take part extra-curriculum activities like Community, Goizueta Gives Weekend, and the Teen Leadership Summit.
In 2009, the institute secured 72% placement for its students of which 62% help was provided by the college while the rest 38% of the effort was from the students end, another difference from more highly ranked schools. The average base salary was $91,074 and the average signing bonus $17,710. However, it is important to note that only 59% of graduates received a signing bonus—comparatively less than graduates from more highly ranked programs.
The specialization order which most of the students opted for included (a) finance/accounting (30%) (b) Consulting (28%) (c) marketing/sales (19%), (d) general management (9%) with recruiters like Deloitte Consulting and Atlanta based Delta Airlines.
On the geographical front, the order was South (65%), Northeast (12%), Midwest (7%) and Southwest (6%).
The students are given immense support via MBA Career Management Center (CMC) of the institute to judiciously pick their candidates. Herein, the students are given tremendous support in the form of staff and peer career coaches and alumni ties who guide the students through various techniques like the 6-Degrees, an online conference facilitating student networking. networking. Through recruiting events like the National Society of Hispanic MBAs Annual Conference, the Consortium for Graduate Study in Management, the Southeastern MBA Interview Forum, and the National Black MBA Association Annual Conference, students make connections throughout the Goizueta network. Finally, Goizueta organizes CMC Week, an intensive discipline-based career event, which includes site visits to companies in Atlanta and New York.
Emory University’s Goizueta Business School provides a greater edge to students who want specialize in finance, real estate, consulting, and marketing may find profit in Goizueta’s MBA. It’s one year course is beneficial to students who want the benefits of the MBA while making a smaller investment in time and money. On the whole, the institute with its second-tier business education has abilities to provide education opportunities commensurate with a top 25 program.
Goizueta Business School
1300 Clifton Road
Atlanta, Georgia 30322 United States
Office of Admissions
Phone: 404.727.6311 404.727.6311
Email: [email protected]
2009 U.S. News Ranking: 22nd
Average GMAT score: 676 (2-year)
Average undergraduate GPA: 3.3
Application fee: $150
Application deadline: scholarship/one-year program: 2/1; final deadline: 3/1
Entering class size: 170 (2-year), 47 (1-year)
Yearly Tuition: $41,000 (2-year) $ 3,600 (1-year) (2009-2010)
Percent of graduates employed 3 months after graduation: 72%
Average starting salary: $91,074
Average signing bonus: $17,710