Business Administration

Applying To Business School As A Junior Or Senior In College

Applying To Business School As A Junior Or Senior In College
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Nedda Gilbert profile
Nedda Gilbert October 28, 2018

You’ve probably heard that MBA admissions officers are looking for candidates who can list at least two or three years of work experience on their business school resumes. While work experience can be important for an MBA, many schools are also excited to see highly qualified younger candidates in the applicant pool to fill some of their open spots.

MBA/Business Programs You Should Consider

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There are two tracks that encourage juniors and seniors in college to become MBA hopefuls, even if they don’t have much (or any) work experience. Both programs accelerate a young adult’s career and offer a solid trajectory for future professional growth.

4+1 MBA Programs

The first of these two accelerated MBA options is called a 4+1 program. This is a fast-track course of study that enables undergraduate students to get an advanced degree by accelerating their college and graduate school coursework. In a 4+1 program, an MBA is earned in tandem with an undergraduate degree. Credits do double-duty for both graduate and undergraduate requirements, so fewer classes can be taken and the MBA can be earned in a shorter period of time. For example, a class like finance would fill graduation requirements for both the bachelor’s and the MBA.

At most business schools, a 4+1 program will allow students to begin to take advanced coursework in their senior year of college, before proceeding into a fifth year as part of the school’s MBA program. There will likely be a professional practicum built into that fifth year (the first and only year in the MBA), so that students can develop real-world business skills as they would during a summer internship in a traditional full-time MBA.

By design, 4 + 1 programs will only be available at universities that feature both an undergraduate and a graduate business school. And if you are seeking out this option, be aware that programs might not go by the name 4 +1. Look for any degree schedule that allows undergraduates to proceed directly into an MBA program by what is called sub-matriculating, and complete both the bachelor’s and MBA in just five years. Admissions standards will vary by school; some programs will only require that you be accepted into the undergraduate school, some will require you to apply to a distinct sub-matriculation program, and some will require you to apply to to the MBA institution itself.

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“Should I Get A MBA?”

The National Association of Colleges and Employers predicted an average starting salary for 2019 MBA graduates of $84,580—provided those graduates found jobs in computer science, engineering, science, or business. (source)

Students considering an MBA or graduate business degree can choose from varied career paths, including those focused on financial management, data analytics, market research, healthcare management, and operations management. The analytical skills and problem-solving techniques gained from graduate level business degrees are in high demand across business sectors. (source)

University and Program Name Learn More

Deferred Admission MBA Programs

A second newer trend in attracting high-performing young business students is a deferred admission MBA option.

Here, students are invited to apply for admission to business school while in their junior or senior year of college. Unlike 4 + 1 programs, which have varying levels of selectivity, these deferred admission programs are usually highly competitive.

There are key differences among available deferred admission programs. In some cases, students may start directly in the MBA program upon earning their bachelor’s. In others, students are encouraged to secure employment and work for two to three years after undergraduate, during which time their future MBA program will provide some mentoring. After gaining several years of experience, these students will leave the workforce to begin full-time MBA study.

Deferred (and elite) admission programs that are open to seniors and juniors in college include:

* Yale School of Management Silver Scholars Program

The Takeaway

The business world is on the cutting edge of rapidly changing industries. As such, business education must acknowledge the changing roles and responsibilities of emerging professionals. MBA programs have a vested interest in seeking out young talent who may be able to contribute to evolving job titles in innovative ways. Increasingly, there is a recognition that one’s age or work experience is not the sole determinant of success in an MBA program.

Questions or feedback? Email editor@noodle.com

About the Author

Ms. Nedda Gilbert is a seasoned clinical social worker, author, and educational consultant with 25 years of experience helping college-bound and graduate students find their ideal schools. She is a prolific author, including The Princeton Review Guide to the Best Business Schools and Essays that Made a Difference. Ms. Gilbert has been a guest writer for Forbes and a sought-after keynote speaker on college admissions. Previously, she played a crucial role at the Princeton Review Test Preparation Company and was Chairman of the Board of Graduate Philadelphia. Ms. Gilbert holds degrees from the University of Pennsylvania and Columbia University and is a certified interdisciplinary collaborative family law professional in New Jersey.

About the Editor

Tom Meltzer spent over 20 years writing and teaching for The Princeton Review, where he was lead author of the company's popular guide to colleges, before joining Noodle.

To learn more about our editorial standards, you can click here.


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MBA/Business Programs You Should Consider

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