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MBA Courses at Boston University

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Boston University MBA/PGDM
What’s new?

What’s new at Boston University MBA? Boston University MBA application deadline for Spring 2024 intake is Mar. 13, 2024. International students must have a cumulative GPA value of 3.0 or higher, excluding the ESL curriculum to get into BU.

Boston University MBA Admission Requirements

The minimum program-wise eligibility criteria that international applicants need to meet before applying to Boston University are given below:

Graduate Level Eligibility Requirements

Basic Education:

 

  • Applicants must have a four-year bachelor’s degree from an accredited US institution or its international equivalent

 

English Proficiency (either of):

 

  • IELTS: Minimum 6.5 bands

 

Standardized Exams:

  • GMAT for MBA applications

Note: To learn more about the specific entry requirements, it is recommended to visit the exact page of the intended course on the official website.

For more information visit: Study Guide to USA for International Students

 Boston University MBA Tuition Fees

BU's MBA application cost is USD 125 and is non-refundable. With your application, you can pay by credit card (Visa, MasterCard, or American Express). MBA at Boston for Indian students is quite expensive. The table below highlights the total cost of pursuing MBA at BU:

1st-year tuition fees

Fees components

Amount

Tuition & fees

INR 53,02,890

Other expenses in 1st Year

Fees components

Amount (for 1 year)

Hostel & Meals

INR 12,85,866

Insurance

INR 2,68,893

Transportation

INR 93,094

Books & Supplies

INR 1,30,831

Loan Origination Fee

INR 16,956

Personal

INR 2,73,631

Total approximate fees

INR 20,69,271

*Calculated at the exchange rate of 1 USD = INR 83.12 | Tuition & expenses were last updated on 4?? July 2023

Boston University MBA Acceptance Rate

According to Unofficial sources the acceptance rate of Boston University MBA is somewhere around 25-30%, which means it’s moderately selective. You need to provide all the required scores and a good academic record.

Boston University MBA Cost of Living

Boston offers on-campus accommodation facilities to all its students in the form of apartments, residential halls, and suites. More than 65% of undergraduates live within the on-campus housing facilities offered by the university. The options available for undergraduates are:

Traditional housing 

Greek housing

Apartments

Suites 

Facilities

Every room has a bed, chair, closet, desk, and dresser. The basic amenities offered comprise:

  • Study rooms
  • Wi-Fi Internet
  • Laundry facilities
  • Volleyball court
  • Game rooms
  • Lounges 

for more information you can visit: Cost of MS in USA for Indian Students

Boston University MBA Admission Dates

The admission dates for international applicants are mentioned below:

Intake season

Deadline

Fall

Mar 13, 2024

Boston University MBA Ranking 

Given below are the rankings for the best universities in the US for MBA degrees. This data has been sourced from Times Higher Education (THE) World University Rankings.

According to THE (Times Higher Education) 2023 Boston University is ranked at #78. The university is well known for its MBA in the U.S. 

Ranked By

2024

THE (Times Higher Education) - PG Business and Economics

#78

Boston University VS Stony Brook University VS University of Florida 

Given below are the rankings for the best universities in the US for MBA degrees. This data has been sourced from Times Higher Education (THE) World University Rankings.

University

Times Higher Education (THE) 2023 Ranking - PG Business and Economics

Stony Brook University

#301-400

University of Florida

#61

Boston University

#78

The first-year tuition fee for MBA courses offered at the above-given universities are:

Given below are the rankings for the best universities in the US for MBA degrees. This data has been sourced from Times Higher Education (THE) World University Rankings.

University 

First-Year Tuition Fee

Stony Brook University

INR 22,77,239

Arizona State University 

INR 49,27,093

Boston University

INR 53,02,890

(Source: studyabroad.shiksha.com)

(Note: The tuition fees given above are subject to change)

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Boston University 
FAQs

Q:   What is the salary of an MBA in the USA?

A: 

Industry connections are built throughout MS in Business Analytics programme at Boston University. Given below is the data for the MS in Business Analytics class of 2021 graduates:

  • Average first-year total compensation, US Jobs: $94,000
  • MSBA graduates seeking employment accepted an offer within 6 months of graduation: 94%
  • Percentage of students who received more than one offer, range 2-5: 69%

Q:   Is GMAT required for Boston University?

A: 

Yes, to take admission to the MBA course at Boston University, the applicants must have a GMAT score. As such, no specific cut-off is mentioned for the GMAT score. However, the average GMAT score required is 683. In place of the GMAT score, the applicants can submit a GRE score.

Q:   How much does MBA cost at Boston University?

A: 

The first-year tuition fee for an MBA at Boston University is around INR 50 Lakh. Apart from the tuition fees, students have to pay other expenses too such as insurance, books & supplies, and incidentals. The total amount of these other expenses in the first-year will be around INR 7 Lakh.

Q:   Is Boston University good for MBA?

A: 

 According to U.S. News & World Report's best graduate schools category ranking, Boston University (Questrom) is ranked at #51 in the 2023-24 best business schools category. Pursuing MBA at Boston University is worth an investment as 94% of students seeking employment accepted an offer within 3 months of graduation. The mean base salary (all reported) + mean bonus (weighted by % reporting base salary who received bonus) is $119,497.

Q:   What GPA is required for Masters at Boston University?

A: 

According to the facts listed on the official website of Boston University, for admission to MS in Business Analytics,  3.49 is the undergraduate GPA (median on a 4.0 scale)GMAT (median) score is 710 and GRE total is 325 (median).

Q:   What concentrations are available within the MS in Financial Management programme Boston University?

A: 

The Master of Science in Financial Management program offers concentrations in Investment Analysis and International Finance. Investment analysis focuses on investment strategies, asset valuation, and investment management. It is designed for professionals already working in, or seeking positions in, investment research, risk management, security selection, and portfolio management, the concentration in Investment Analysis provides in-depth knowledge of investment strategies, asset valuation, and investment management. International Finance is designed for professionals whose work involves multinational corporations and global financial markets.

 

Q:   Does Boston University require GRE or GMAT for MS in Financial Management?

A: 

Boston University does not require GRE or GMAT scores for admissions. Applicants can choose whether or not to submit standardized test scores with their application. It offers a more flexible admissions procedure that focuses on additional aspects of the applicant's background and qualifications.

Q:   What is the career outlook as an MS in Financial Management graduate from Boston University?

A: 

Graduates of Boston University's Master of Science in Financial Management (MSFM) degree have a bright future in their careers. Approximately 1,185,897 financial jobs are available in the U.S. Over the next 10 years, the job growth rate is expected to be 8%, which is higher than the average for all occupations. The employers seek expertise in Financial analysis,  Risk management, Investment analysis, Corporate and International finance. Graduates of BU's Financial Management programme work for prestigious firms like Prudential, KPMG, Ernst & Young, PwC, and State Street. Some of the job roles and estimated salary ranges are mentioned below:

Job TitleRange
Accounting Director$59k - $111k 
Sr. Payroll Manager$75k - $120k 
Senior Financial Analyst$61k - $96k 
Senior Business Analyst$66k - $111k 
Senior Accountant$64k - $94k 
Risk Manager$88k - $180k 
Retail Store Manager$40k - $73k

Q:   What is the cost of applying to the MS in Financial Management programme at Boston University?

A: 

The application fee for the Master of Science in Financial Management programme at Boston University's Metropolitan College is   $85 (INR 7,212) for on-campus programs. For online programme there is no application fee.  

Q:   What does the class profile look like for Boston University's MS in Financial Management program?

A: 

The class profile for the Master of Science in Financial Management (MSFM) programme at Boston University's Metropolitan College includes a diverse group of students with varying backgrounds and experiences. Data from 2024 shows that 103 students were admitted out of 1202 applicants. 54% of the students have more than a year of full-time job experience, and 87% of the students are international. Students enrolled in the course are 24 years old on average.

Q:   Do applicants need to submit GMAT or GRE scores to be considered for the MS in Business Analytics at Boston University?

A: 

Applicants to the Master of Science in Business Analytics (MSBA) programme at Boston University do not need to submit GMAT or GRE scores for admission if you have a strong overall academic record. Relevant full-time work experience may also be considered when evaluating your application. Merit-based scholarships and special admission attention will be given to applicants with competitive GMAT/GRE scores. The median GMAT and GRE scores of admitted students are 710 and 324 respectively.  

Q:   How is Boston University for an MS in business analytics?

A: 

The course is offered by Questrom School of Business department of the university. Boston University's Questrom School of Business is an accredited member of AACSB International, the Association to Advance Collegiate Schools of Business. Students engage in rigorous, hands-on coursework designed to enhance their statistical and programming skills while solving real-world business problems. The students lands offer at highly coveted organizations including Amazon, Tesla, McKinsey & Company, Dell,  Santander,  Wayfair,  EY, and many more. 95% of MSBA grads seeking employment accepted an offer within 6 months of graduation. The average annual salary of graduates is around  $102,000. 

Q:   What are the entry requirements for the MS in Business Analytics at Boston University?

A: 

The entry requirements for the Master of Science in Business Analytics (MSBA) programme at Boston University are as follows:

  • Online application form. 
  • Three-year degree that is the equivalent of a four-year degree in the US.
  • Transcripts for any coursework completed, including study abroad and post-graduate work.
  • Resume
  • Two letters of recommendations.
  • GMAT or GRE scores (optional)
  • Video essays
  • English proficiency test scores (TOEFL, IELTS, PTE, Duolingo) for international students.



Q:   What is the duration of Boston University's MS in Business Analytics program?

A: 

The duration of Boston University's Master of Science in Business Analytics (MSBA) programme is typically 12 to 16 months. The MS in Business Analytics programme is a full-time programme which allows students to complete the programme in 37.5 units. The programme starts in the fall and students can finish it in 12 months over three terms i.e, fall, spring and summer. Students also have to choice to complete the course in 16 months over three terms with a summer break that can be used to finish a summer internship. The choice depends on student's academic plan and career goals. 

Q:   What are the application deadlines for Boston University's MS in Management Studies program?

A: 

The application deadlines for Boston University's Master of Science in Management Studies (MSMS) programme are as follows:

  • Round 1: November 1, 2024 (closed)
  • Round 2: January 10, 2025
  • Round 3: February 14, 2025
  • Round 4: April 9, 2025
  • Round 5: May 7, 2025

Q:   What is the duration of MS in Management studies at Boston University?

A: 

The duration of Boston University's Master of Science in Management Studies (MSMS) programme is typically 9 months. It is a full time program. Throughout this time, the curriculum is presented in four modules that incorporate real-world projects and client contacts to improve learning outcomes. 

Q:   What is the tuition fee for the Master of Science in Management Studies programme at Boston University?

A: 

The tuition fee to study Master of Science in Management studies at Boston University Questrom School of Business for the 2024-2025 academic year is $66,670 (INR 56,56,447). An estimated cost breakdown is outlined below-

Tuition$66,670  (INR 56,56,447)
Fees$1,106  (INR 93,835)
Health Insurance$3,401  (INR 2,88,549)
Books and Supplies$1,574  (INR 1,33,542)
Room and Board $15,450  (INR 13,10,816)
Personal $3,292  (INR 2,79,301)
Transportation $1,120  (INR 95,034)
Loan Origination Fee$208  (INR 17,647)
Total Educational Expenses 
$92,821  (INR 78,75,162)

Q:   Are GRE or GMAT scores required for admission to MS in Management Studies at Boston University?

A: 

Applicants to Boston University's Master of Science in Management Studies (MSMS) program are not required to submit GMAT or GRE scores for admission. The Admissions Committee reviews applications holistically, meaning that we consider academic performance, writing and communication, leadership and involvement, and many other factors in our evaluation. You can submit your scores if you feel it will enhance the application. 

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Boston University
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