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Washington University in St Louis Olin Business School

Olin Business SchoolOlin Business School

PMBA FAQs

ADMISSIONS

What is Olin's accreditation?
We’re accredited by AACSB International, the Association to Advance Collegiate Schools of Business.

Is it possible to start the PMBA program in the Summer semester (May) or only in the Fall / Spring?
PMBA students start their program in the fall semester (late August/early September) or the spring semester (mid-January). We do not have a summer entry.

What are the average undergraduate GPA and GMAT scores of those accepted into your PMBA program?
In a typical PMBA class, the middle 80 percent of students had a GPA range of 2.8 to 3.7 and a GMAT range of 530 to 700. Please remember that many factors enter into our admission decision, not just your GPA or GMAT score. The low ends of these ranges are not minimums required to gain admission into Washington University. There is no minimum GMAT or undergraduate GPA needed for admission. Many factors enter into our admission decision, not just the GPA or GMAT score.

What is the grading structure like? Is it pass/fail or A-F?
We operate on a modified pass/fail system (HP, P, LP, NP) in both the full-time MBA and the PMBA programs.

Do you require specific undergraduate classes?
No specific undergraduate courses are required. We just require a four-year undergraduate degree.

Can I begin part-time and then transfer to full-time?
Although such a switch is rare, it is possible under certain circumstances. If during the course of study, you are in a situation to transfer to the full-time MBA program, please see your adviser to discuss special arrangements. You will need to complete your core curriculum before such a switch can occur.

Can I transfer credits from another University?
Once you’ve enrolled at Olin, you may submit for review up to nine credits for transfer from other graduate business programs accredited by the AACSB. Any transfer credit must be reviewed and approved by our Academic Review Committee.

Who should write my letters of recommendation?
We do not require letters of recommendation.

FINANCIAL AID & TUITION

What type of financial aid is available for PMBA students?
You may apply for loans to pay for education-related expenses including tuition, books, course materials, and computer-based hardware and software. For personal financial aid counseling, contact Kyle Cronan at 314-935-6610 or cronan@olin.wustl.edu.

What is the cost per credit hour?
Tuition is currently $1,500 per credit hour starting summer 2014. Please reference the Tuition and Financial Aid section of the website for more details.

Why does Olin not accept tuition payments from credit cards?
Since many employers don't reimburse students until after the semester, this is a GREAT hurdle to climb for a student.
We do not accept credit card payments due to the cost of the fees charged by the credit card companies. Although we could pass along those fees to the student, we have chosen not to do that. Instead, we help students with their financing needs by offering loans or payment plans at much more favorable interest rates.

GENERAL QUESTIONS

I am currently a master's student at another university. I would like to take some MBA classes at Washington University.
Classes can be taken on a space-available basis as long as you meet all of the prerequisites and are currently enrolled at another AACSB accredited MBA program.

PROGRAM STRUCTURE / RESOURCES

Do you offer classes via the Internet?
No.

What times are classes held?
Most classes are held Monday through Thursday in the evenings from 6:15 to 9:15. Most students are in class two evenings per week. We also offer additional elective weekend classes and mini-terms after your first year on an elective basis.

How many students are in a study group?
Typical group sizes range from four to five students per group.

I am very interested in Washington University's Entrepreneurship Programs and was wondering if it's possible to participate in the SEP and Olin Cup competition?
PMBA students are allowed to participate in the Skandalaris Entrepreneurship Program and the Olin Cup competition. Following the entrepreneurial concentration is also possible but a bit difficult, since many of the classes are held during the day. If your company allows flexible work hours, it would be more of a possibility.

What type of financial aid is available for PMBA students?
You may apply for loans to pay for education-related expenses including tuition, books, course materials, and computer-based hardware and software. For personal financial aid counseling, contact Kyle Cronan at 314-935-6610 or cronan@olin.wustl.edu.

What is the cost per credit hour?
Tuition is currently $1,500 per credit hour starting summer 2014. Please reference the Tuition and Financial Aid section of the website for more details.

Why does Olin not accept tuition payments from credit cards?
Since many employers don't reimburse students until after the semester, this is a GREAT hurdle to climb for a student.
We do not accept credit card payments due to the cost of the fees charged by the credit card companies. Although we could pass along those fees to the student, we have chosen not to do that. Instead, we help students with their financing needs by offering loans or payment plans at much more favorable interest rates.

Do you offer joint degree programs with your other professional degrees (for example, MBA/MIM)?
Yes. Through the business school, you can combine the PMBA with a Master of Science in Supply Chain Management, the Master of Science in Finance, or a Master of Science in Customer Analytics. Additionally, we have had students complete dual-degrees through the School of Engineering & Applied Science: the Master of Information Management or Master of Engineering Management are very popular choices. We are always looking to innovate, so those interested in dual-degrees should not be limited by the existing choices.

Do you offer an MBA in Finance or Accounting?
Our MBA is a general MBA. You can take electives in specific subject areas, but you will receive a general Master of Business Administration degree. We do have, however, have a program leading to a Master of Science in Finance, one leading to a Master of Accounting, and one leading to a Master of Science in Supply Chain Management.

How does Olin's PMBA program differ from the EMBA (Executive MBA) program?
The Executive MBA program attracts senior and high potential managers, with an average of 15 or more years of professional experience. The two programs are also presented in a different format. For more information on the EMBA Program, please visit the EMBA website.

How does your PMBA Program differ from your MBA program?
The programs are similar and result in the same degree. The main distinction is that the PMBA program is for professionals who want to work full-time while attending school. As a result, PMBA classes generally meet in the evening. Go to our MBA and PMBA websites to learn more.