Questrom School of Business

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Questrom School of Business

The Boston metropolitan area is home to dozens of colleges and universities and thousands of students. There are more than 45,000 BU business graduates around the world, and some of the notable alumni include Millard Drexler, chairman and CEO of J. Crew Group; Edward Zander, former chairman and CEO of Motorola Inc.; and the late Jerald Fishman, former CEO of Analog Devices Inc. The Questrom School of Business under the Boston University stands out amongst all due to its way of education where students are taught to think of business organizations as an interconnected whole, where each decision may affect multiple audiences.

Also Read: Best Finance Universities in USA

About Questrom School of Business

The Questrom School of Business at Boston University is one of the highly acclaimed Business Schools in the country. With diverse departments and concentrations such as accounting, entrepreneurship, finance, general management, healthcare administration, leadership, marketing, and technology amongst many others, this school ranks at 50th place in global rankings amongst the top business schools list. The full-time tuition fees ranges around $56,854 (₹42,67,059) per year and around $1,777(₹1,33,369) for part-time. Along with full-time programs, students can also enrol in Ph.D. programs. The School is well-known for its joint programs with other institutions such as the College of Engineering, the School of Public Health, School of Medicine, and others.

Credits: Boston University Admission

Questrom Business School Ranking

  • Boston University (Questrom) is ranked No. 50 (tie) in Best Business Schools and No. 34 in Part-time MBA. 
  • Business School Program Rankings: No. 50th in Best Business School and No.34th in Part-time MBA.
  • Business School Speciality Rankings: No. 2 in Project Management

List of Courses offered

The listing here is some of the popular courses that are offered distinctively in every semester.

  • Modelling Business Decisions and Market Outcomes with Spreadsheets and Statistical Programming
  • Supervised Machine Learning
  • Business Decision-Making with Data
  • Unsupervised and Unstructured Machine Learning
  • Business Experimentation and Methods
  • Business Experiments and Casual Methods
  • Machine Learning for Business Analytics
  • Business Anaalytics Toolbox
  • Financial Analytics
  • Principles of Finance
  • Investment Banking
  • Financial Management
  • Financing New Ventures
  • International Financial Management
  • Fixed Home Analysis
  • Futures, Options, and Financial Risk Management
  • Equities and Securitties Analysis
  • Fixed Income Analysis
  • Entertainment Finance
  • Money, Financial Markets, and Economic Activity

Also Read: MBA Courses for 2021

MBA Fees

The following tuition fees are other expenses that have been established at Boston University Questrom School of Business for the 2021-22 academic year. These numbers are expected to be updated to reflect the 2022-23 academic year in late March of 2022.

Full-Time MBA Tuition

Tuition $58,560 (₹43,95,099)
University Fees $988 (₹74,152)
Health Insurance $3054 (₹2,29,211)
Books and Supplies (estimated) $1,574 (₹1,18,133)
Room and Board (estimated) $14,590 (₹10,95,022)
Incidentals (estimated) $4,370 (₹3,27,981)
Tidal Educational Expenses $83,136 (₹62,39,600)

MBA + MSDT Tuition

Tuition $58,560 (₹43,95,099)
Summer Tuititon $14,640 (₹10,98,774)
University Fees $988 (₹74,152)
Summer Fees $60 (₹4503)
Health Insurance $3,054 (₹2,29,211)
Books and Supplies (estimated) $1,574 (₹1,18,133)
Room and Board (estimated) $14,590 (₹10,95,022)
Incidentals (estimated) $4,374 (₹3,28,281)
Total Educational Expenses $97,840 (₹73,43,178)

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MBA Requirements

Questrom School of Business offers various courses for its international candidates. The students can apply for the courses from the official website of the institution. However, the admission requirements for international candidates are slightly different from that of US citizens. The international students would also require a valid student’s visa to study in the USA. 

The following documents are mandatory for international candidates:

  • Completed application form
  • Application Fee
  • Academic transcripts
  • English Proficiency Test score results
  • Proof of Finance
  • Copy of the passport
  • Essay (video or written)
  • LORs

Application Process

Once you have collected all the required documents, can start with the application process. 

  • Fill the application form on the official website of Questrom School of Business.
  • Next, you must pay the required application fee of USD 125 (₹9381). 
  • Once your application is submitted, it will be reviewed by the Bsoton MBA admissions committee
  • Within three weeks of application submission, you will be informed if you are invited for the interview
  • If selected, you will receive a conditional offer under which you need to pay a commitment fee of 15% and submit a financial guarantee that you can meet the costs of the programme
  • Once you have completed the requirements, you will receive an unconditional offer

Application Deadline

It is of absolute importance for the students to fill up their application forms and submit all their important documents online before the deadline. No special cases are entertained by Questrom School of Business. The deadlines for the undergraduate and graduate program is different. International students must ensure that they apply for admission well in advance and preferably by the early decision or the priority deadlines.

Undergraduate Program Admission Deadline

Application 2022 Deadline
Regular Application January 2
Early Decision November 1
Early Decision 2 January 2

Graduate Program Admission Deadline

Course Date of Entry Completion of Application Form (2022) Admission Decision Last Submission of Tuition
Full-time MBA August October 20 December 17 February 9
January 6 February 24 April 6
March 16 May 6 May 25
Online MBA August January 19 March 4 April 6
March 2 April 14 May 11
May 4 June 9 June 29
MS in Management Studies (MSMS) August November 13 January 14 February 16
February 16 April 1 April 29
April 6 May 10 June 3
MS in Mathematical Finance (MSMF) August November 3
February 9
October 27
MS in Business Analytics July October 27
December 15
January 25

MBA Employment Outcomes

  • According to a 2018 Survey of Full-time MBA Employment Report taken at the Questrom School of Business, a total of 91% of students seeking employment were accepted an offer within three months of graduation. 
  • With the Pharmaceuticals and Biotechnical healthsector being the highest recruiting sector, they take in almost 30% of the graduates from Questrom School of Business. 
  • The most popular job designations taken by the graduates of Questrom are marketing/sales, consulting services, general management, and finance/accounting, with a salary base of $95,000 (₹71,30,028) in average.

Questrom School Campus

The Boston metropolitan area is home to dozens of colleges and universities and thousands of students. The business school located here is housed in the Rafik B. Hariri Building, located at 595 Commonwealth Avenue. The building opened in October 1996 and contains over 40 classrooms, a 375-seat lecture hall, five computer labs, and the Frederick S. Pardee Management Library. The building offers wireless Internet access throughout as well as 4,000 wired data ports. A Breadwinners Deli and a wired Starbucks are located on the second floor of the building. The Hariri Building also contains 19 team rooms available only for undergraduate and graduate Questrom students to hold team meetings. 

Credits: Questrom School of Business, Boston University

Scholarships

Questrom Business School offers multiple scholarships doe students to apply from.

Merit-Based Scholarships

Boston University Questrom School of Business offers a variety of merit-based scholarship programs for qualified full-time students. Applicants are notified of these opportunities in their initial offers of admission. A separate application for scholarship consideration is not needed, and the Admission Committee considers all admitted candidates for merit-based scholarship awards. For the fall 2021 entering class, almost 84% received scholarship assistance with the average award exceeding half-tuition each year. Here are the various awards Questrom currently offers:

  • Dean’s Scholarship: In their effort to attract the highest quality candidates from around the world, the Dean’s Scholarship program provides awards ranging from $10,000 to full tuition for candidates with outstanding professional, academic, and personal qualities. Both domestic and international candidates will be considered for these awards.
  • Social Impact Scholarship: to attract the highest quality candidates from around the world, the Dean’s Scholarship program provides awards ranging from $10,000 to full tuition for candidates with outstanding professional, academic, and personal qualities. Both domestic and international candidates will be considered for these awards.
  • City Year Scholarship: The Boston University Questrom School of Business has partnered with City Year to sponsor a minimum of three scholarships to our full-time Social Impact MBA  for City Year alumni and staff members who have at least one year of service and/or City Year staff members who have been employed for at least two years. Questrom feels that there is a the rich perspective City Year alumni and staff bring to their educational experience and this experience will add to the Social Impact MBA program, focused on addressing society’s most challenging humanitarian and social problems in the global economy. This partnership will provide a minimum of $15,000 for the first year of study, and is renewable for a second year.
  • 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. This award is only applicable to the summer semester of the MBA+ MSDT program. Both domestic and international candidates will be considered for these awards.
  • Prospanica Scholarship: This scholarship is provided by Prospanica and the Boston University Questrom School of Business to provide greater access to the best in graduate management education for Hispanic prospective students. Boston University will provide scholarships to be awarded on behalf of the Boston Chapter of Prospanica. United States citizens of Latin American descent will be given primary consideration for this award. Candidates will be notified in their admission package, and Prospanica will be notified once the recipient has confirmed his or her intent to enroll at the Boston University Questrom School of Business.

Also Read: MBA Scholarships in USA

Private Scholarships

  • Golden Key Scholarships – Golden Key offers unique scholarships, awards and grants to members, alumni and advisors all over the world.
  • Ritchie-Jennings Memorial Scholarship Program – The Ritchie-Jennings Memorial Scholarship Program is available to students who are studying accounting, business administration, finance, or criminal justice. Students must also express an interest in fraud examination or a similar anti-fraud profession in order to be eligible. Applicants must be enrolled in a minimum of 6 semester hours.
  • FINCAD Women in Finance Scholarship Program – The FINCAD women in Finance Scholarship Program offers an annual award of $10,000 to support a woman student of graduate study in the field of finance, particularly relating to the use of derivatives in capital markets and/or financial risk management. The scholarship is open to women of any age and citizenship.
  • Minorities in Government Finance Scholarship – The GFOA’s Minorities in Government Finance Scholarship of $9,000 is available for award to an upper-division undergraduate or graduate student of public administration, (governmental) accounting, finance, political science, economics, or business administration (with a specific focus on government or nonprofit management).

If you are interested in pursuing an MBA from the Questrom School of Business, our experts at Leverage Edu can assist you with the entire application process. Call us at 1800 57 2000 for a free counselling session. 

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