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Wake Forest University, School of Business Full Time MBA

The Wake Forest University Schools of Business focuses on developing passionate, ethical business leaders driven to achieve results with integrity through a dynamic combination of thought leadership, rigorous academic preparation and unrivaled connection to the market. The full-time Master in Business Administration program has 50 to 60 students. This facilitates close relationships with faculty and fellow students, leading to a strong sense of community and shared experiences, which are complemented with unique hands-on learning opportunities and mentorship program. Graduate programs include a Master of Business Administration, Master of Science in Accountancy and Master of Arts in Management. Business students have access to state-of-the art facilities. The Wake Forest Charlotte Center opened in the city's financial district in January of 2012; and Farrell Hall, a business school building designed for collaborative learning and faculty-student interaction, opens on the Winston-Salem campus in fall of 2013.

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Wake Forest University, School of Business Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
Total Program Enrollment 50
Tuition (Total) $42,212
Average Starting Salary $86,699

Program Information

Wake Forest University Babcock Graduate School of Management Says

The Wake Forest University Schools of Business focuses on developing passionate, ethical business leaders driven to achieve results with integrity through a dynamic combination of thought leadership, rigorous academic preparation and unrivaled connection to the market.

The full-time Master in Business Administration program has 50 to 60 students. This facilitates close relationships with faculty and fellow students, leading to a strong sense of community and shared experiences, which are complemented with unique hands-on learning opportunities and mentorship program.

Graduate programs include a Master of Business Administration, Master of Science in Accountancy and Master of Arts in Management. Business students have access to state-of-the art facilities. The Wake Forest Charlotte Center opened in the city's financial district in January of 2012; and Farrell Hall, a business school building designed for collaborative learning and faculty-student interaction, opens on the Winston-Salem campus in fall of 2013.

Specializations Offered: Finance, General Management, Marketing, Operations Management, Statistics and Operations Research
Degrees Awarded: MBA, Full Time.

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Rankings

Rankings

Program Rankings

Bloomberg

#44 Businessweek Full Time MBA Programs

School Rankings

LinkedIn

#9 Best Graduate Universities for Finance Professionals

The Princeton Review

N/A Best Business Schools (Southeast)

Admissions

Admissions

Application Information

  • Acceptance Rate: 41% accepted out of 335 applicants
  • Average Age Admitted: 28
  • Average Incoming GPA: 3.3
  • Average Incoming GMAT: 652
  • Average Years Work Experience: 4
  • Application Fee: $100

Admission Considerations

Very Important: Personal Essay, Standardized Test Scores

Important: Recommendations, Undergraduate GPA

Admission Requirements

Required: Extracurricular Activities, Undergraduate GPA, Personal Essay, Standardized Test Scores, Work Experience, Recommendations

Admission Information

The Wake Forest University Schools of Business "seeks individuals who have demonstrated achievement through academic course work, professional experience, and community involvement." Admissions Counselors "look for leadership ability, motivation, focus, enthusiasm, strong values, and teamwork skills in its prospective students." Postgraduate work i...The Wake Forest University Schools of Business "seeks individuals who have demonstrated achievement through academic course work, professional experience, and community involvement." Admissions Counselors "look for leadership ability, motivation, focus, enthusiasm, strong values, and teamwork skills in its prospective students." Postgraduate work is extremely important to the admissions process. All full-time MBA applicants must have at least 24 months of full-time, post-graduate work experience prior to the August of their application year. Through the Wachovia Scholars Program, the Wake Forest University Schools of Business offer scholarships to full-time students from underrepresented minority groups. These scholarships include a full-tuition waiver, stipend and an international summer study trip. The average GPA for the 2009 entering class was 3.1 with a mean GMAT score of 658.

The Princeton Review

Important Dates

Round 1
November

1

Deadline
August

26

Start

Admissions Websites

Program Outcomes

Program Outcomes

Top Employers Of Graduates From This Program Include: Bank of America, Ernst & Young, FedEx, Hanesbrands Inc., Lowe's Cos.

Industry Percent Employed Median Starting Salary
Financial Services 20% $98,571
Consumer Products 20% $85,714
Consulting 16% $84,143
Other 13% $78,438
Technology 7% $77,500
Pharma / Biotech / Healthcare 7% $86,500

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 356
Percent International Students 23%
Total Full-Time Faculty 103
Full-Time Faculty 59%

Student Life

Wake Forest MBAs are “outgoing, dedicated, hard workers who are easy to get along with and fun to be around.” There are countless student activities and the academic work is rigorous, but students love the atmosphere and enjoy getting together to debate key topics of the day or cheer on the Demon Deacons at a basketball game. “We are a tight-knit group. Everyone knows everyone for the most part. The week can get pretty busy, but a lot of us play intramurals or pickup games during the week.” Fridays are the time “when we all go out and blow off some steam. Students, even ones on different teams, will help each other out.” Life on campus “is fast-paced and exciting.” The workload is pretty demanding, but there is time for fun.” “The student government “puts on lots of social events that bring most peo­ple out to socialize.” There are “tons of clubs, activities, both athletic, cultural, and commu­nity oriented,” and “the town of Winston-Salem also has plenty of dining venues.” The typ­ical day at Wake “ranges from all-nighter’s in the study room with your learning team to happy-hour events in the courtyard where students cut loose, to Alive at 5 concerts in downtown. It very much is a work hard play hard atmosphere,” which “prepares you well for the future.” “Quality of life is part of what makes Wake Forest such a great place to be.” In essence, Wake Forest’s Full-Time MBA Program is full of “brilliant, type-A achievers you can get along with.” There is “a prevailing atmosphere of collaboration and support.” There is also excitement about the upcoming fall 2013 completion of Farrell Hall, the future state­of-the-art home of the School of Business.

Career

Wake Forest alumni “are very open to mentoring and helping with [students] job search.” However, some current MBA students feel “Career Development needs to better prepare students for the internship and job search…clubs could have more activities that connect students with potential employers.” In addition, current students would like to see more “diversity of companies that come to campus.” Right now, “the focus is primarily on the Southeast, but they are taking strides to move to a more national scope.” However, others note that the Career Management Center has already been making strides to improve; “For example, a dedicated mentoring program and alumni outreach program has been devel­oped and is being implemented.” In 2011, 100 percent of full-time MBA students seeking employment received a job offer within three months after graduation with those accepting jobs averaging a mean base salary of $82,035. Bank of America, Ernst & Young, FedEx, Hanesbrands Inc., and Lowe’s Co. were the top five employers of 2009 grads with financial services and consumer prod­ucts being industries with the biggest draw.

The Princeton Review

Students Say

The Wake Forest University Schools of Business offers “a first-rate education delivered in a small school atmosphere that is conducive to high levels of interaction between students and the faculty.” Students universally laud the “personal touch” the graduate business pro­gram employs with its “commitment to academic excellence, strong faculty, [and] small class size that enables plenty of interaction among students and faculty.” Academics at Wake Forest follow a holistic approach. The integrated curriculum helps stu­dents learn to analyze and solve problems by understanding the many components of a solution. Course content follows suit and is organized around a strong first-year core which includes essentials such as international business management, financial management, macroeconomics, operations management, and quantitative methods. In their second year students choose a career concentration within the broader areas of consulting/general man­agement, finance, entrepreneurship, marketing, operations management, health, or an indi­vidually-designed concentration. As one student attests, “The workload...is generally much more intense than what most students expect coming into the school and in comparison to students at similar schools. However, this intense and well-rounded education has already proven beneficial in my summer internship and in job interviews.” The administration is “easily accessible and from faculty to staff, everyone is friendly. Student voices can be heard.” When it comes to professors, at Wake Forest it’s a first name, open-door policy; “All of my professors are engaged in my success. The level of dedication is a defining factor that sets Wake Forest apart,” says one student. In addition, the “Dean has fantastic visions for the school.” Dean of Business Steve Reinemund, former chairman and CEO of PepsiCo, believes that by developing passionate business leaders who are ready to succeed in the marketplace the School’s overall goal—to impact the marketplace in positive ways and to get results with integrity—will be achieved.

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    Center for Retail Innovation; Angell Center for Entrepreneurship; Flow Institute for International Studies; BB&T Center for the Study of Capitalism; Family Business Center

  • International Student Support Groups:

    International Students Association http://www.business.wfu.edu/default.aspx?id=190

  • Minority Support Groups:

    Black Business Students Association http://www.business.wfu.edu/default.aspx?id=190

  • Peer Tutoring Programs:

    Peer tutoring is arranged on an “as-needed” basis.

  • Research Facilities:

    Center for Retail Innovation; Angell Center for Entrepreneurship; Flow Institute for International Studies; BB&T Center for the Study of Capitalism; Family Business Center

  • Study Abroad:

    Two-week international study tours are offered in May 2012 to China, Japan, and India. Over spring break 2012, an international study tour is offered to Latin America (Spain in 2010 and Germany in 2011).

  • Women Support Groups:

    Wake Graduate Women in Business http://www.business.wfu.edu/default.aspx?id=190

Famous Alumni

Well known alumni of Wake Forest University Babcock Graduate School of Management include:

David W. Dupree - Managing Director & CEO, The Halifax Group

Eric C. Wiseman - Chairman, President & CEO, VF Corporation

Warren A. Stephens - Chairman, President & CEO, Stephens, Inc.

Donald E. Flow - Chairman & CEO, Flow Automotive Companies

Charles W. Ergen - Founder, Chairman, President & CEO , EchoStar Corporation

School Outcomes

Average Debt At Graduation: $49,689

Top Employers Of Graduates From This School Include: Bank of America, Ernst & Young, FedEx, Hanesbrands Inc., Lowe's Cos.

Industry Percent Employed Median Starting Salary
Marketing / Sales 29% $79,300
Finance / Accounting 27% $81,833
Financial Services 23% $90,000
Consulting 19% $91,750
Consulting 17% $84,389
Business 17% $82,778
Technical 17% $91,111
Other 15% $84,750
Other 11% $76,833
Operations / Logistics 9% $77,500
General Management 8% $77,333

School Employment Information

Graduation Employment 70%
Three Month Employment 93%
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