The Questrom School of Business is a business institute under the Boston University established in 1913 as the Boston University School of Management and renamed to Questrom later. It offers 16 ranging undergraduate and graduate degrees to its candidates from across the globe. The university hosts a total of 255 full-time and 200 part-time faculty members along with over 1700 undergraduate and 80 graduate students. The Poets & Quants has ranked the school at 27 for Top 97 Undergraduate Business Programs.
Admissions at Questrom School of Business are available in several intakes around the year and observes a regular application deadline of January 6. All the applicants of the institute must deposit a non refundable fee of 65 and 125 USD for undergraduate and graduate admissions, respectively. With an acceptance rate of nearly 51%, the school falls in the category of moderately selective organizations for studying in the USA.
The School has 30% international students and 92% of the full-time MBA graduates (2019) who earn a basic salary of 99,955 USD. During COVID-19 the standardized tests are made optional and the school is accepting virtual TOEFL test scores, whereas, the interviews wherever needed are also conducted virtually.
Questrom School of Business Rankings
The school is a reputed organization in the US Education System that features in top 50 business schools worldwide among B-school listings.
US News (2021)
- Ranked 48 for Best Business Schools.
- Ranked 43 for Part-time MBA.
- Ranked 4 in Project Management.
QS Rankings (2021)
- Ranked 39 for Masters in Finance for World University Rankings with an overall score of 48.4.
- Ranked 41 for Masters in Management for World University Rankings with an overall score of 52.8.
NICHE (2021)
- Ranked 9 out of 790 Best Colleges for Education in America.
- Ranked 11 out of 132 for Best Colleges in America.
- Ranked 23 out of 1692 for Most Liberal Colleges in America.
- Ranked 28 out of 1583 for Most Diverse Colleges in America.
Highlights
| Type of School | Private, AACSB-approved |
| Faculty Members | 250+ |
| International student percentage | 30% |
| Number of Undergraduate Seats | 1750 |
| Number of Postgraduate Seats | 900 |
| Percentage of International Students | 33 |
| Undergraduate International Students- Basic tuition fees | USD 56412 per annum |
| Graduate International Students- Basic tuition fees | USD 56412 per annum |
| Test Scores Accepted | GMAT 690 |
| English language proficiency score | TOEFL or equivalent |
| Financial Aid | Available as grants, awards and scholarships |
| Website | www.bu.edu/questrom |
Questrom School of Business Campus
- The business school is a part of Boston University Campus which is over 135 acres in area.
- The campus jointly hosts over 500 student clubs and organizations for all students to participate in.
- There are shows and lectures, state of the art, fitness centre, pubs and restaurants, Terrier ice hockey etc. also present inside the campus.
- The campus accommodates students of diverse cultures and languages and religions.
- The institute houses a renowned building namely Rafik B. Hariri Building the at comprises some 40 classrooms, a nearly 400 seat lecture hall, various computer labs and the popular Frederick S. Pardee Management Library.
Housing Facilities by Questrom School of Business
- The institute guarantees accommodation to all first-year students in undergraduate courses. This has to be communicated while filling the application.
- Around 76% of the undergraduate population lives on campus
- In the USA, the Boston University housing system is ranked at the second largest of any private university.
- Students can opt to choose a variety of options for housing. These include large traditional style housing, small traditional housing, apartment style and student village.
- Students can also choose different meal plans ranging from unlimited dining to 11 meals per week to 330 meals per year. Prices vary from USD 1530 to USD 5990.
Questrom School of Business Courses
- The Questrom School of Business provides over 16 programs at various levels namely Undergraduate, postgraduate and doctoral.
- The Business School offers an undergraduate program as a Bachelor of Science degree in Business Administration in over 11 concentrations namely Accounting, Entrepreneurship, Information Systems, Finance, Marketing, Operations and Technology Management, Entrepreneurship, General Management, International Management, Organization Behavior, Business Law and Business Analytics and Strategy.
- The School has a full-time, Part-time, and online MBA, MS in Digital Innovation combined with an MBA, MS in Mathematical Finance and Management Studies ass the most popular postgraduate courses. Social Impact and Health Sector Management are also offered as MBA concentration courses.
- The doctoral degrees are offered in Management and Mathematical Finance.
- Some of the popular programs of the school as tabulated below:
|
Program |
Cost of Attendance |
Requirements |
Deadline |
|
Full Time MBA |
81,143 |
Academic Transcripts, GMAT/GRE, IELTS/TOEFL Scores, 3 Video or 1 Written Essays, LOR, CV |
March 17, 2021 |
|
Part Time MBA |
29,426 |
Academic Transcripts, GMAT/GRE optional, IELTS/TOEFL Scores, 3 Virtual Interview, Video/Written Essay, LOR, CV |
May 05,2021 |
|
MS Management Studies |
81,143 |
Academic Transcripts, GMAT/GRE, IELTS/TOEFL Scores, Video and Written Essays, 2 LORs, CV |
April 07,2021 |
|
MS Business Analytics |
105,559 |
Academic Transcripts, GMAT/GRE, IELTS/TOEFL Scores, Video and Written Essays, 2 LORs, CV |
April 28,2021 |
Questrom School of Business Application Process
How to apply?
Application Portal: Application can be done to the business school through the online portal present at the official website of the university.
Application Fee: The application fee for this university is USD 65 for UG programs and USD 125 for PG programs.
Application deadline: Deadlines vary as per the programs opted by the applicants. Regular applications are January 6.
Basic Admission Requirements
- Official transcripts
- GMAT/GRE scores
- Three video or a written essay
- Two references are required for graduate programs
- English Requirements : TOEFL- 600 (PBT), 90(IBT) or IELTS -6.5
- F-1 Student Visa, Passport
- Complete visa application
- Passport size photographs
- I-20 form issued by university
- Acceptance Letter
- Health Examination Form
- Family Income
Questrom School of Business Cost of Attendance
For all the prospective students of th ensure, an estimated budget for international students in the US has been tabulated below.
Tuition Fee
Tuition fee for some of the popular courses at the institute are as follows:
| Category | Fees (in USD) |
|---|---|
| Undergraduate courses | 56854 |
| Masters of Business Administration | 55480 |
| Management Studies | 58254 |
| M.Sc. in Management Studies | 54720 |
| Average Cost of Attendance | 55480 |
Cost of Living
Other expenses to be considered apart from basic tuition are as compiled below.
| Category | Fees (in USD) |
|---|---|
| University Fees | 962 |
| Health Insurance | 2466 |
| Room & Board | 14590 |
| Books & Supplies | 1574 |
| Incidentals | 4374 |
| Meals | 5,000 |
| Transportation | 2,500 |
Scholarships by Questrom School of Business
The international students of the institute are eligible for various awards and merit scholarships for international students to study in the USA. These are available to highly qualified students and are decided by the School.
Some of the studentships that a student can vaila are as listed below.
- Dean's Scholarship: Dean’s Scholarship program provides awards ranging from 10,000 USD to full tuition for candidates with outstanding performance
- Social Impact Scholarship: This program provides awards ranging from 10,000 USD to full tuition per year to admitted students of the Social Impact MBA program.
- City Year Scholarship: USD 15000
- Education Pioneers Scholarship: USD 10000
- MBA + MSDT Summer Scholarship: Available to outstanding MBA+ MSDT candidates, this program provides supplemental support for the added tuition costs associated with obtaining this joint degree. Awards range from 5,000 to 10,000 USD. This award is only applicable to the summer semester of the MBA+ MSDT program.
- Funed Scholarship for Mexican Nationals: USD 40000
Work while you study
- At Boston University you need to complete I-9 to work on or off-campus.
- The applicant must maintain valid F-1 status
- A student can work up to 20 hours per week while school is in session.
- Students can work full-time on campus during holidays and vacation periods if you intend to register for the next academic semester.
- The employment may not displace (take a job away from) a U.S. resident
Rate of Pay: Usually international students are paid USD 7 to USD 15 per hour depending on the work.
Alumni Network
- Alumni events, Alumni Picnic, Weekends are held throughout the year for all alumni of the university.
- Notable Alumni include Analjit Singh Founder and Chairman of Emeritus, Keith Alexander Director, Jerald Fishman CEO of Analog Devices, Vincent Larusso Actor, Tom Magliozzi Host of Car Talk, etc.
Questrom School of Business Placements
About 90 % of the students are accepted in an Internship Offer. Job Fair and On-Campus recruitment are held for placements in the college. Nealry 92% of the Students seeking employment get placed within 3 months of graduation. The full-time MBA class of 2020 has 85% of the student getting employment within 3 months of graduation and 68% of the students accepted the internship offer. The average salary of domestic students is recorded at 109,508 USD and 97,770 USD for the international students prior to the bonus addition.
Top Industries are Health Sector 27%, Technology 19%, Consulting Services 11% Financial Services 11%, etc. Top Employers include Bevi, Biogen, Bloomberg, Boston Public School, Google, Home Depot, Citizens Bank, eBay, etc.
Some of the average salaries earned by the alumni of the school are as follows:
| Program | Average Salary (USD) |
|---|---|
| Masters of Management | 146,000 |
| Executive MBA | 137,000 |
| MBA | 128,000 |
| Bachelor Management | 114,000 |
The school’s career development center provides advising and helps to seek the employment to the students. It works towards counseling and advising students in the areas of finding internships and jobs, providing career guidance, searching higher education resources, and connecting them to prospective employers and job resources.
The center provides experiential learning opportunities and also conducts various workshops on topics like safe job hunting, Interview preparation techniques, Resume writing workshops etc. to enhance employability skills. The center has subscribed to the portal “ handshake” where employers and students are able to meet one another at the same platform and are mutually benefitted.
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