The Babcock Graduate School of Management at Wake Forest University

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) April 15
Application deadline (international students) April 15
Application fee $100

The Babcock Graduate School of Management at Wake Forest University

Admissions & Enrollment (Full-time)

Acceptance rate 41.2% – Medium
Average age of new entrants 28
Average undergraduate GPA 3.20 – Low
Undergraduate GPA range (10th-90th percentile) 2.7-3.7
Entrants providing undergraduate GPA 52
Average GMAT score 651 – High
GMAT range (10th-90th percentile) 581-700
Students with prior work experience 60
Average work experience (months) 54

Admissions & Enrollment (Part-time)

Acceptance rate 90.7%
Average age of new entrants 31
Average undergraduate GPA 3.12
Undergraduate GPA range (10th-90th percentile) 2.5-3.79
Entrants providing undergraduate GPA 110
Average GMAT score 589
GMAT range (10th-90th percentile) 520-660
Students with prior work experience 116
Average work experience (months) 85

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 600 paper test
100 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)

Full-time program
Wake Forest seeks individuals who have demonstrated achievement through academic coursework, professional experience and community involvement. Candidates must hold a bachelor’s degree from an accredited university and have at least 24 months of full-time, post-graduate work experience. Admissions consultations and class visits are available for all candidates. Interviews are by invitation only.
Executive program N/A
Part-time program
The MBA Program for Working Professionals, available evenings or Saturdays, seeks professionals, managers and entrepreneurs with strong job performance, potential for advancement and at least three years of work experience. Candidates must hold a bachelor’s degree from an accredited university. Admissions consultations and class visits are available for all candidates. Interviews are required.
Part-time distance learning program N/A

Admissions Contacts

Director of admissions Stacy Poindexter Owen
Full-time program phone (336) 758-5422
Full-time program E-mail busadmissions@wfu.edu
Full-time program website http:/​/​business.​wfu.​edu
Executive program phone N/A
Executive program E-mail N/A
Executive program website N/A
Part-time program phone (336) 758-5422
Part-time program E-mail busadmissions@wfu.edu
Part-time program website http:/​/​business.​wfu.​edu
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A

Business School Academics

Program Offerings

(8) Departments/concentrations
consulting health care administration
entrepreneurship marketing
finance production/operations management
general management other
Departments with highest M.B.A. demand entrepreneurship, finance, health care administration, marketing, production/operations management
Types of M.B.A. programs offered full-time traditional two year, full-time other, part-time evenings and weekends
Joint programs available healthcare (medicine), law, MSA/MBA (Master of Science in Accountancy/MBA); PhD/MBA

Curricula Descriptions

(Data appear as originally submitted by this school)

Full-time program
The Full-time MBA program provides an experiential learning environment that values ethical leadership, personal interaction, teamwork and entrepreneurship. Students explore passions to find meaningful careers. After an integrated first-year curriculum, students select a Career Concentration in Consulting/General Management, Entrepreneurship, Finance, Health, Marketing or Operations Management.
Executive program N/A
Part-time program
Evening programs in Winston-Salem and an ultramodern Uptown Charlotte, NC campus meet two nights per week. The Saturday program, offered in Charlotte, meets 37 Saturdays each year and offers Career Tracks in Financial Services, Healthcare Administration and General Management. Part-time MBA programs offer a fixed curriculum with three electives and are completed in six semesters over 24 months.
Part-time distance learning program N/A

Business School Ranking

#44 Best Business Schools

(1) Ranking by Specialties

#32 in Part-time M.B.A.

Business Ranking Scores

These data apply only to full-time students.

Score 55
Peer assessment score (out of 5) 3.2
Recruiter assessment score (out of 5) 3.2
Acceptance rate 41.2% – Medium
Average starting salary and bonus $91,504 – Medium
Average undergraduate GPA 3.20 – Low
Average GMAT score 651 – High
Full-time graduates employed at graduation 71.4% – Medium
Full-time graduates employed three months after graduation 91.1% – High
Enrollment (full-time) 135

Business School Student Body

Student Body (Overall)

Enrollment 371

Student Body (Full-time)

Enrollment (full-time) 135
Minority students 11.9%
International students 20.7%

Student Body (Part-time)

Enrollment (part-time) 236
Minority students 20.8%
International students 3.8%

Business School Cost

Financial Aid Contact Information

Financial aid director Donna Agee
Financial aid phone (336) 758-4424

Expenses

Tuition
Full-time: $38,988 per year
Part-time: $34,620 per year
Required fees $626 per year
Room and board, books, and miscellaneous expenses $18,750
Average indebtedness of 2011 graduating class $44,868

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships N/A
Research assistantships N/A
International students eligible for college-funded aid Yes

Business School Career and Salary Statistics

Wake Forest University has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 60
Full-time graduates known to be seeking employment 56
Full-time graduates employed at graduation 71.4% – Medium
Full-time graduates employed three months after graduation 91.1% – High

Base Salary: Overall

Total reporting base salary 48
Low base salary $36,000
Average base salary $80,740
High base salary $100,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $36,000
Average base salary: U.S. citizens $80,312
High base salary: U.S citizen $100,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $63,000
Average base salary: Foreign nationals $82,875
High base salary: Foreign nationals $100,000

Signing Bonus: Overall

Total reporting signing bonus 38
Low signing bonus $2,000
Average signing bonus $13,597
High signing bonus $40,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $2,000
Average signing bonus: U.S. citizens $13,991
High signing bonus: U.S. citizens $40,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $5,000
Average signing bonus: Foreign nationals $11,000
High signing bonus: Foreign nationals $15,000

Other Compensation: Overall

Total reporting other compensation 13
Low other compensation $5,000
Average other compensation $8,388
High other compensation $15,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $5,000
Average other compensation: U.S. citizens $8,095
High other compensation: U.S. citizens $15,000

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals $10,000
Average other compensation: Foreign nationals $10,000
High other compensation: Foreign nationals $15,000

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.

Number reporting marketing/sales jobs 13
Marketing/sales low salary $36,000
Marketing/sales average salary $78,692
Marketing/sales high salary $95,000
Number reporting operations/production jobs 4
Operations/production low salary $55,000
Operations/production average salary $77,501
Operations/production high salary $95,000
Number reporting general management jobs 4
General management low salary $65,000
General management average salary $74,250
General management high salary $92,000
Number reporting finance/accounting jobs 15
Finance/accounting low salary $65,000
Finance/accounting average salary $80,357
Finance/accounting high salary $100,000
Number reporting management information systems (MIS) jobs 2
Management information systems (MIS) low salary $80,000
Management information systems (MIS) average salary $90,000
Management information systems (MIS) high salary $100,000
Number reporting consulting jobs 9
Consulting low salary $75,000
Consulting average salary $93,611
Consulting high salary $100,000
Number reporting human resources jobs 1
Human resources low salary $64,000
Human resources average salary $64,000
Human resources high salary $64,000
Number reporting having jobs in other areas 2
Other occupations low salary $49,000
Other occupations average salary $56,500
Other occupations high salary $64,000

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.

Number reporting government jobs 1
Government low salary $80,000
Government average salary $80,000
Government high salary $80,000
Number reporting manufacturing jobs 2
Manufacturing low salary $78,000
Manufacturing average salary $79,002
Manufacturing high salary $80,000
Number reporting non-profit jobs 0

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.

Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 1
Northeast low salary $100,000
Northeast average salary $100,000
Northeast high salary $100,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 3
Middle Atlantic low salary $64,000
Middle Atlantic average salary $73,000
Middle Atlantic high salary $80,000
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 35
South low salary $36,000
South average salary $80,871
South high salary $100,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 0
Midwest low salary N/A
Midwest average salary N/A
Midwest high salary N/A
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 7
Southwest low salary $70,000
Southwest average salary $85,286
Southwest high salary $95,000
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 1
West low salary $80,000
West average salary $80,000
West high salary $80,000
Number reporting jobs located internationally 1
International low salary $49,000
International average salary $49,000
International high salary $49,000

The Babcock Graduate School of Management at Wake Forest University