MBA Frequently Asked Questions
- Are you AACSB-Accredited?
- Where can I find the current MBA tuition rates?
- What is the application deadline?
- Is the MBA application online?
- What is required to apply to the MBA?
- What is required to apply as an international student?
- Is there a work experience requirement?
- Are letters of recommendation required?
- What is the minimum undergraduate cumulative grade point average I need for admission?
- What is the minimum GMAT score I need for admission?
- Where can an individual take the GMAT?
- Can a student be admitted into the MBA program without the GMAT?
- Do I need to take any prerequisite courses?
- Can I waive MBA courses?
- Can I transfer credits into the MBA program? How many?
- When can I begin classes in the MBA program?
- How does a student register for classes?
- Is the MBA course schedule available online?
- May individuals not in the MBA program take MBA classes?
- How many credit hours will I take in the MBA program?
- What is the difference between 2 credit hour courses and 3 credit hour courses?
- How long will it take me to complete the MBA program?
- What is a concentration and do I have to have one?
- Are the majority of the MBA students part-time?
- Are the majority of the MBA students company-sponsored?
- What types of financial aid are available for MBA students?
- Do you offer graduate student housing?
- What career services are available to me as an MBA student?
Yes, the Williams College of Business has held AACSB accreditation since 1994. Less than one-third of U.S. business schools and only 1.5% of business schools worldwide met the rigorous standards of AACSB International accreditation. This distinction is an achievement requiring a tremendous amount of effort. AACSB International accreditation assures stakeholders of earned excellence. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. The AACSB is recognized by the Council of Post-secondary Accreditation and by the Office of Post-secondary Education, U.S. Department of Education, as the sole accrediting agency for master's degree programs in business administration and accounting.
Tuition information can be found here.
The Xavier MBA program has rolling admission. Individuals may be admitted into the program until the start of the semester, provided all required application materials are submitted. Recommended application deadlines are:
- Aug. 1 - fall semester
- Dec. 1 - spring semester
- May 1 - summer semester
Yes. The MBA application is available online.
The following is required for MBA admission:
- An MBA application.
- Official copy of all undergraduate & graduate transcripts sent directly from the respective institutions to the Xavier MBA Office. The transcript must contain the official seal of the university or college and notation of the final degree.
- Official GMAT test scores sent from the testing service to Xavier University.
- A copy of your current resume.
- Letters of recommendation and personal statements are encouraged but optional.
For information about international MBA admission, please visit international admissions for Williams College of Business.
Although we do not require work experience, it is strongly recommended. Work experience enables you to learn more from the MBA program by relating course work to personal experience. On average, students entering the MBA program have six years of work experience.
Letters of recommendation are optional for admission into Xavier's MBA program. If an applicant does not do well in their undergraduate studies or on the GMAT, letters of recommendation are encouraged so that we may have a better understanding of the applicant.
The minimum undergraduate GPA necessary for admission is a 2.5/4.0. On average, undergraduate GPAs of 3.0/4.0 are seen for applicants. If a student has a low undergraduate GPA they are still eligible to apply to the program. A high GMAT score may balance out a low undergraduate GPA. Letters of recommendation are especially encouraged for applicants with low undergraduate GPAs.
Total GMAT scores lower than 470 are not accepted; however, a score of 470 or higher does not guarantee admission. The total GMAT required for each applicant varies based upon the following formula: (Undergrad GPA x 200) + Total GMAT > 1070 points.
In addition, a student must achieve a minimum quantitative score in the 25th percentile and an analytical writing score of 3.0 or higher. There is no score requirement on the verbal section, but, as this section contributes to the total score, it is still very important. On average, total GMAT scores of 550 are seen for applicants.
The GMAT is only offered on computer. There is one testing site in Cincinnati - Pearson Professional Centers- 4770 Duke Drive, Mason Ohio 45040. The registrations can be made online. Due to the fact that there is only one testing center in the Cincinnati area, testing dates may fill quickly. We recommend that you plan several weeks in advance, especially if you need to take the exam on a Saturday. The GMAT website is the best place to obtain information about available testing dates, test registration, and alternate testing locations in the Midwest.
Applicants with a cumulative undergraduate GPA of 3.0/4.0 or higher and with high grades in their undergraduate quantitative/analytical coursework are considered for provisional admission. Provisional admission is valid for one semester only. By the end of the semester, the provisional student must take and receive a satisfactory scores on the GMAT. The student will not be able to register for future semesters until the scores are received and meet the minimum requirements for admission. If the student does not receive the necessary GMAT scores, he or she will need to retake the test until the score is achieved before continuing in the program.
There are no pre-requisite courses for entrance into the MBA program. All pre-requisite courses have been rolled into the MBA curriculum as Foundation Skills courses. However, a student may choose to take undergraduate courses equivalent to the Foundation Skills before entering the MBA program, rather than taking them at the MBA level. If the student completed undergraduate courses equivalent to the Foundation Skills in the 5 years prior to MBA admission and received a grade of "B" or higher, those courses will be waived from the Foundation Skills requirement.
The drawback to taking undergraduate courses toward MBA Foundation Skills is that the undergraduate courses may take more time, unless they are taken through Xavier's Undergraduate Weekend College, an accelerated program. Also keep in mind that, while the per-credit-hour tuition rate for MBA courses is generally higher than that of undergraduate courses, undergraduate courses often involve more credit hours and additional fees, which can increase the total cost significantly.
Note: Undergraduate courses will only apply toward MBA course waivers if taken before the student begins the MBA program. After beginning the MBA program, only graduate level course work is accept for waiver or transfer credit.
The only courses able to be waived in the MBA program are the Foundation Skills. At most, 5 credit hours can be waived for incoming students. Upper level MBA courses cannot be waived in the MBA program.
Courses may be waived in two ways:
- If the course equivalent was taken at the undergraduate level, are less than 5 years old and if a grade of "B" or higher was achieved, the corresponding Foundation Skill course will be waived.
- Students may test out of foundation skill courses. The ACCT 500 waiver exams is offered as a CLEP exam while STAT 500 is offered in the MBA office. If the student passes the waiver exam, the corresponding course is waived. If the student does not pass the waiver exam, the course must be taken. A $75 fee is charged for the in-house waiver exam. This fee is only deposited if the waiver exam is passed. CLEP exams are done through a certified testing center and an official score report is sent to Xavier for waiver credit determination. Additional information and study guides for waiver examinations may be found here.
Xavier will accept up to six semester or nine quarter credit hours toward its core MBA curriculum (600 level courses). The courses must be from an AACSB-accredited graduate business program. In addition, a student can transfer all 5 hours of Foundation Skills courses from any graduate business program and/or use undergraduate credit to waive Foundation Skills courses from any regionally accredited program.
All transfer coursework must be less than 5 years old and a grade of "B" or better must have been received. Non-business courses are not eligible for transfer into the MBA program.
Unconditionally accepted students may begin taking classes in August, January, May (first summer session) and July (second summer session).
A student may register for courses in one of three ways:
- Online registration via MyXU.
- In-person registration at the Office of the Registrar.
- Fax-In registration with the Office of the Registrar via 513 745-2969.
No. Only fully accepted MBA students are permitted to take MBA classes. Non-MBA students are not allowed to take MBA classes. No exceptions will be made.
The number of credit hours required for the MBA program ranges from 39 to 47 credit hours. The number varies per student and depends upon the Foundation Skills required and choice of concentration.
2 credit hour courses last for 8 weeks and have 3 1/2 hour class times. 3 credit hour courses last for the entire semester, 16 weeks, and have 2 1/2 hour class times. Eight week courses run from January to March or from August to October.
On average, it takes a student three to seven semesters to complete the MBA. Students have six years to complete their MBA studies. The majority of students who are working full-time take 6 credit hours per semester. It is possible to finish the MBA program in one calendar year if the student attends full time and all Foundation Skills courses are waived.
MBA Concentrations range from 9 to 12 credit hours depending upon the area of study. Concentrations provide students with a deeper understanding of a certain area of study. It provides a solid foundation upon which the student may build or explore new career areas.
Six concentrations are available. They are:
- Finance - 12 credit hours
- General Business - 9 credit hours
- International Business - 9 credit hours
- Marketing - 9 credit hours
- Management Information Systems – 9 credit hours
- Business Intelligence – 9 credit hours
- Values-Based Leadership - 9 credit hours
Concentration courses are taken as part of the required 9 credit hours of electives. Students are not required to choose a concentration, and can pursue any 9 credit hours of MBA electives instead under General Business. In order for the concentration to be noted on the transcript, it must be declared at the MBA office before graduation. Most students who choose a concentration do so after completing completing some courses in the program as they are familiar with the major business concepts and have identified which areas interest them most.
A concentration may be added at any time – even after graduation. The MBA Plus program offers graduates the opportunity to return to Xavier for post-MBA graduate studies to receive an add-on concentration. Only courses necessary for the chosen concentration are taken at that time. MBA Plus is available to any individual who holds an MBA degree from Xavier or another university.
Yes. The majority of Xavier's MBA students are part-time. 95% work during the day and attend classes part-time in the evening. Full-time MBA students take their courses in the evening or on Saturday along with the part-time students.
Yes. The majority of Xavier's MBA students receive some form of tuition remission from their companies.
Any MBA student (not including Executive MBA students) submitting a FASFA will be automatically considered for an MBA grant. This process will apply to students holding American citizenship and permanent residency only. NO MBA GRANT APPLICATION IS REQUIRED.
Non-US residents currently holding F1,H1,H4,L1,L2 (or similar) visa WILL complete the traditional grant application. Do NOT complete the FAFSA. Please contact email@example.com if a traditional grant application is needed.
Any MBA student (excluding Executive MBA students) awarded a grant MUST respond to the Office of Financial Aid's request for course enrollment information (credit hours per term) and renew the FAFSA. Upon doing this, the student will be automatically considered for an MBA grant.
If, upon receiving a financial aid award package from the Office of Financial Aid, an MBA grant was not awarded, a student may participate in the secondary grant petition process. The secondary grant petition process involves the completion of an MBA grant application. Participation in the secondary grant petition process occurs only after the FAFSA has been renewed and the enrollment verification for the Office of Financial Aid is complete. Please email firstname.lastname@example.org for a secondary grant petition application.
Any FAFSA received after the March 1st priority deadline will be considered as remaining grant funds allow. MBA grants are awarded based upon estimated family contribution. MBA grants are for partial tuition only and are awarded for the entire academic year.
Students ineligible for an MBA grant are those with 100% tuition remission, any student awarded a graduate assistantship, a Xavier employee or dependent, and an individual in possession of any other Xavier grant or tuition discount.
Graduate student housing is very limited. While few graduate students acquire on-campus housing, you may contact the Offfice of Residence Life for details. For those students seeking housing near campus, the Office of Commuter Services (513 745-3824) provides listings of local apartments, which have been frequented in the past by other graduate students.
The Xavier MBA program offers a full Career Development Office (CDO) for its students. The goal of Xavier’s CDO is to give students the professional skills needed to succeed after graduation and opportunities to network with the Greater Cincinnati Business Community, with which Xavier has strong ties. For details visit the Xavier Career Development Office or MBA Career Resources in the MBA office.