Brigham Young University is a private university that is located in Provo, Utah. It was founded in 1875. The university currently is the #61 ranked national university according to US News and World Report in its 2018 rankings. The Marriott School of Management at BYU currently is ranked #34 in the US News rankings.
Forbes has named the Marriott MBA #19 in the US
The Marriott MBA moved up two spots in September 2017 to the #19 program in the nation, according to Forbes magazine. Forbes ranks business schools by the ROI that was achieved by the class of 2012. Standing was determined by comparing the earnings of graduates in their first 60 months after graduation to their opportunity cost; this was two years of not working, cost of tuition and related fees. Forbes reported that the Marriott MBA had a five year gain of $64,400.
The business school also has reported that the salary average only three years after graduates for its students is an impressive $123,410.
BYU Analytics consultancy gives students cutting edge skills
BYU has a student-run consultancy that provides students with the opportunity to become highly skilled in making data-driven decisions. BYU Analytics provides critical business insights and consulting for various business partners in manufacturing, tech, retail and related industries. This organization has in the past worked with Adobe, Dell, InsideSales.com, Symantec, IBM, Twitter, Stanley, Black and Decker and Domo, among others.
Faculty advisor Jeff Dotson is a highly respected business analytics expert with more than 10 years of experience. Student members of this organization have gone on to work in upper management positions in IT, manufacturing, electronics, consumer products and tech.
BYU has it own venture capital and private equity fund
Cougar Capital is a second year course for MBA students. It is a donation-based fund that works in close partnership with well established VC/PE firms on various deals. The fund obtains most of its deals from industry partnerships and works to add value to the investment process of partners through serious due diligence efforts. Students who are accepted into the MBA program will actively pursue real investment opportunities and learn how to deploy capital.
Cougar Strategy consulting firm provides real world experience
Cougar strategy is an in-house consulting firm that is administered by active MBA students. It helps business school students to learn a real, clear set of tools and models that can be applied in a real business environment. Students who participate in this program offer strategic advisory and consulting services to entrepreneurial companies and their venture backers.
Firms that participate gain access to business students who have strong skills in business analytics, formulation of testing and strategy and strategy implementation services.
BYU MBA is accredited by AACSB
All of the Brigham Young University MBA programs are accredited by the AACSB, which is the most respected business program accreditation agency in the world. The ACCSB has accredited all of the business school’s programs at the undergraduate and graduate level.
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Standardized test scores are still required for admission
GMAT or GRE scores are still required for students who apply to to BYU’s MBA programs. The university reports that the GMAT is the preferred entrance exam but it also will accept GRE scores. It notes that standardized test scores are one of the major evaluation tools that are used by its admission committee to determine if an applicant is ready for the rigor of a top MBA program.
The average score for students admitted to the MBA program for 2016 was 672.
Many educational experts contend that strong standardized test scores do not necessarily reflect a strong likelihood to succeed in a rigorous MBA program. This is particularly the case for experienced business professionals.
Non-LDS members most pay higher tuition
The Church of Jesus Christ of Latter-Day Saints (LDS) subsidizes the cost of tuition with the tithing funds of members. In that sense, every student who attends BYU is on a scholarship. Students who do not belong to LDS must pay the full tuition of $24,620 per year. Students who are members of LDS pay a yearly tuition of $12,310.
No online MBA is offered
BYU does not currently offer an online MBA program. Many busy professionals want to earn their MBA online while they continue to work full time. But BYU only offers a full time, part time and executive MBA program.
- Founded in 1875
- University type: Private
- Application deadline: Rolling
- Application fee: $50
- Term Schedule: Semester
- Location: Provo, UT
- Student-faculty ratio: 21:1
- MBA: $12,310 per year for Church of Latter Day Saints members; $24,620 per year for non-members
- Full time, part time and executive MBA
- HR management
- International business
- Information Systems
- Operations management
MBA Class Profile
- 52% male at entire university
- 397 applied, 164 enrolled in 2016
- Average GPA: 3.55
- Average GMAT: 672
- 80% male, 20% female
- International: 22%
- Bingual: 71%
- US minority: 5%
- 44 undergraduate universities
- 12 countries represented
- 27 states represented
Graduation and Retention Rates
- 5% of all students at BYU graduate on time, which is above average
- 20% of students fail to graduate within 150% of the expected time, which is about average
US News Rankings
- National universities: 61
- Best business schools: 34
- Best value schools: 11
- High school counselor rankings: 75
- Accounting: 3