Wake Forest University School of Business MBA Review

By BusinessStudent.com - April 18, 2018
Reading Time: 3 minutes

Wake Forest University is a private college that was established in 1834. Its total undergraduate enrollment is 4,955. It is ranked as the #27 national university according to US News and World Report. The Wake Forest University School of Business offers several business-related graduate programs, including a part time MBA.

Favorite Features

School of Business is accredited by AACSB

The Wake Forest School of Business is accredited by the Association to Advance Collegiate Schools of Business or AACSB. This is the most respected business education accreditation agency in the world. The seal of approval from this organization assure you and your future employer that you have in your possession a high quality AACSB MBA degree that meets the highest educational standards.

The AACSB also has recently recognized the business school for its innovations. In 2016, AACSB recognized Wake Forest School of Business among its sampling of 30 innovations that show how business schools are innovating and increasing diversity in the business education environment.

Ranked as #1 part time MBA in North Carolina

The part time MBA program at Wake Forest University is ranked as the #1 part time MBA program in the state, according to US News and World Report in 2017. It also was ranked as the #13 part time MBA program in the US in 2017 by the same publication.

Recent graduates working for major national and international corporations

According to the website, recent graduates of the MBA program have found jobs with these companies:

  • Ralph and Lauren
  • Kimberly Clark
  • Fresh Market
  • BB&T
  • Pepsico
  • Marriott
  • SunTrust
  • Merrill Lynch
  • Hanes
  • RFMD
  • Wells Fargo
  • Duke Energy
  • Time Warner Cable
  • Ecolab

The majority of recent graduates are working in financial services (22%). Other popular sectors for graduates are pharmaceuticals and healthcare (14%) and consumer products (14%).

The Center for Market Readiness and Employment works with all Wake Forest MBA students and graduates to help you to find work. You will work extensively through this center to tap the large alumni network at the university so that you can further your career goals in your chosen field. This center also has a proven track record in helping graduates find work years after graduation as well.

Yellow Ribbon program for military veterans

Wake Forest’s School of Business works with the Yellow Ribbon GI Education Enhancement campaign. It helps veterans and eligible dependents to pay for MBA tuition costs. This program is sponsored by the US Department of Veterans Affairs, and offers matching scholarship funds to support and honor military service, especially for those who served after 9/11. Veterans can receive up to $12,850 in matching funds per year. See more Online MBA programs for Veterans & Active Military.

The university also aggressively recruits students from a military background, so this is a good program to consider if you have military experience.

9 years average business experience

The Winston-Salem MBA students have nine years of average work experience, which is above average. Programs with students with a lot of business experience usually result in a better educational experience for students.

Least Favorite Features

No online or full time MBA offered

The only program offering is the part time MBA that can be taking in the evenings and weekends. There is no online MBA, and unusually, there is no full time MBA offered, either. This program is suitable for full time professionals in the North Carolina region who can take courses at nights and on weekends. The evening MBA is offered at the Charlotte and Winston Salem campuses, while the Saturday MBA is available at the Charlotte campus.

Students who want to take their MBA program remotely will have to consider other options.

Business school is unranked by US News and World Report

While Wake Forest is ranked well by US News and World Report, the business school is unranked. It is not clear why this is the case. But it is helpful for a business school to be included in the US News rankings so that it is easier for students to compare it to other programs.

The Details

General Information

  • Founded in 1834
  • Application deadline: Rolling
  • Application fee: $50
  • School type: Private
  • Term Schedule: Semester
  • Location: Winston Salem, Charlotte NC
  • Student-faculty ratio: 14:1

Tuition Rates

  • MBA – $39,900 per year for part time program

Business Degrees

  • Master of Business Administration

Class Profile

  • 55 enrolled in part time MBA program
  • 49% female; 27% underrepresented groups; 33 companies represented
  • 5 years average work experience
  • 589 average GMAT
  • 27 average GPA

Graduation and Retention Rates

  • 87% of students eventually graduate from Wake Forest, which is very good.
  • 82% of students graduate within four years, which is very good.
  • 93% of freshmen return for a second year, which is excellent.
  • 6% of students do not graduate within eight years, with most transferring to another university.

US News Rankings

  • National universities: 27
  • Best value schools: 23
  • High school counselor rankings: 39
  • Part time MBA: 17
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