Resources

Check here for links to MBA program class profiles and FAQs as well as information about the GMAT and scholarship opportunities.

Top MBA Programs

FAQs

 

What is an MBA?

An MBA is a “Master of Business Administration”

What are the Entry Requirements for an MBA?

The most common entry requirements include a standardized assessment test, undergraduate and or graduate school transcripts and letters of recommendation. In addition to the assessments, academic records, and letters of recommendation, many MBA programs have introduced admission interviews.

What is an Admissions Interview?

An admissions interview is your opportunity to stand out in front of the admissions counselors. Your interviewer is interested in finding out who you are beyond your transcripts. They’ll want to know your career goals and you must be able to articulate how their program will help you reach them.

What is the GMAT Test?

The Graduate Management Assessment Test, or GMAT, is a standardized test that assess your analytical, quantitative, writing, verbal, and reading skills for use in admission to an MBA program.

What is the average cost of an MBA?

Although the tuition fees vary throughout different programs, the cost of the top MBA programs typically exceed $100,000

Are there scholarships for MBA Programs?

Most MBA scholarships are school-specific in that they’re only open to students who have been admitted to the school’s program, but there are also scholarships available that are not tied to a specific school that you can apply for as well.

Who Should Provide My Letters of Recommendation?

Typically, the person you choose for your letter of recommendation will submit the letter directly to the office of admissions. For this reason current employers, business peers, or members of the academic community will best be able to highlight your skills and abilities.

How long does an MBA Program Take?

Depending on your program, you can earn a Master in Business Administration in 18 to 30 months. Full-time candidates will be able to complete their program closer to 18 months while part-time candidates could be closer to 30 months.

How Does an MBA Improve my Career Prospects?

The main reward of graduating from an MBA program is the practical knowledge of business that you acquire, which is often rewarded with a significant increase in salary. Through your work in the program you will grow your professional network as you encounter different opportunities.

Are there Resources available to help with my MBA Application?

Yes! From your MBA application, to reviewing your essay, to preparing you for your admissions interview, Ivy Advisors has the experience and resources to help guide you through your application process.

Have Questions About the GMAT?

Taken by more than 200,000 annually, the GMAT is a standardized test required for admission to business school that assesses your analytical, quantitative, writing, verbal, and reading skills for use in admission to an MBA program and is graded on a scale of 200-800. As is the case with all of the documents you'll be submitting, the GMAT test is an important component of your application. While you let Ivy Advisors guide you through your application and prepare you for your interview, resources like Magoosh and Target Test Prep will get you prepared to dominate the GMAT exam.ence.

MBA Scholarship Opportunities


With the average cost of an MBA upwards of $60,000 a year, many students struggle to carry the financial burden of the program, adding to their stress. Fortunately, there are many scholarships available for MBA students. A lot of the scholarship opportunities for MBA applicants are school-specific meaning that you need to be accepted into the program before applying for scholarships. Bschools.org is a fantastic place to find school-specific scholarships. For non school-specific scholarships, Accredited Schools Online details the scholarship requirements and deadlines to ensure you have every opportunity to apply to every scholarship. If you’re an international student or any minority, BusinessBecause.com highlights the top scholarships available to eligible students.