Students Say

The Wake Forest University Schools of Business offers “a first-rate education delivered in a small school atmosphere that is conducive to high levels of interaction between students and the faculty.” Students universally laud the “personal touch” the graduate business program employs with its “commitment to academic excellence, strong faculty, [and] small class size that enables plenty of interaction among students and faculty.”

Overview

Applicants
335
Acceptance Rate
41%
Average Undergrad GPA
3.20
Years Work Experience
4.5
Average Age
28

Test Scores

GMAT
630 - 683
GPA
3.0 - 3.4

Deadlines

Early Application Deadline
November 1

Regular Application Deadline
April 15

Rolling Admission Deadline
April 15

Other Admission Factors

Academic

GMAT Score
Essay / Personal Statement
Non-Academic

Overall

Students Say

The Wake Forest University Schools of Business offers “a first-rate education delivered in a small school atmosphere that is conducive to high levels of interaction between students and the faculty.” Students universally laud the “personal touch” the graduate business program employs with its “commitment to academic excellence, strong faculty, [and] small class size that enables plenty of interaction among students and faculty.”

Academics at Wake Forest follow a holistic approach. The integrated curriculum helps students learn to analyze and solve problems by understanding the many components of a solution. Course content follows suit and is organized around a strong first-year core which includes essentials such as international business management, financial management, macroeconomics, operations management, and quantitative methods. In their second year students choose a career concentration within the broader areas of consulting/general management, finance, entrepreneurship, marketing, operations management, health, or an individually-designed concentration. As one student attests, “The workload...is generally much more intense than what most students expect coming into the school and in comparison to students at similar schools. However, this intense and well-rounded education has already proven beneficial in my summer internship and in job interviews.”

The administration is “easily accessible and from faculty to staff, everyone is friendly. Student voices can be heard.” When it comes to professors, at Wake Forest it’s a first name, open-door policy; “All of my professors are engaged in my success. The level of dedication is a defining factor that sets Wake Forest apart,” says one student. In addition, the “Dean has fantastic visions for the school.” Dean of Business Steve Reinemund, former chairman and CEO of PepsiCo, believes that by developing passionate business leaders who are ready to succeed in the marketplace the School’s overall goal—to impact the marketplace in positive ways and to get results with integrity—will be achieved.


Faculty Information

Total Faculty
103

59
Full-time
41
Part-time
30
Female
12
Minority

Specialities of faculty

Academic specialties of faculty
URL


Marketing Summit and Case Competitions

Project Nicaragua (Outreach Program)

Wake Forest Business Solutions



Overview of Full-time MBA Program



Full-time MBA Career Concentrations

Sustainability

Courses in Sustainability
Yes

Sustainability course is
Required

Description
Law and Ethics is a required class in the first-year core curriculum, which explores the complex dynamic of leadership. Managers who hope to lead must identify, articulate and understand the ethical and legal dimensions of important decisions. This course covers the relationships among law, ethics, and business in a free-market, political and economic system. It combines business ethics and the legal environment, including environmental liability, of business and is peppered with issues of social responsibility and law in the context of enabling and supporting the free market; encouraging efficient economic activity; and limiting business activity to protect the market or honor competing values.

Research Opportunities in Sustainability
Yes

Description
In 2006, the Wake Forest University Graduate School of Business received $1 million from alumnus Thomas Dingledine which is being used to further the school’s ethical, social and environmental academic and research efforts. This endowed gift provides funds for research in these areas and for creating new classroom content and experiential learning opportunities. Dingledine said he hopes this gift will help elevate awareness about conducting business in a way that recognizes responsibilities to the greater good. “We need to instill in future leaders that it’s good business to give back,” he said. “…My wish is for this value to be integrated into the fiber of the curriculum...”

School's environmental commitment 1:
The Wake Forest University Full-time MBA remains true to Wake Forest University’s tradition – to provide an education based on the values expressed in the university’s motto, Pro Humanitate, education for the benefit of humanity. Wake Forest’s Full-time MBA program is consistently ranked in The Aspen Institute’s Beyond Grey Pinstripes ranking, which spotlights full-time MBA programs that are innovatively integrating social and environmental stewardship into the curriculum. Social, environmental and ethical issues are interwoven throughout the entire curriculum with fifty percent of the faculty covering issues of sustainability in their courses.

School's environmental commitment 2:
Wake Forest University faculty from the sciences, economics, law and business participated in a two-day energy conference entitled “Energizing the Future” in February 2010. This conference was the launch of Wake Forest’s Center for Energy, Environment and Sustainability (CEES). CEES is an interdisciplinary center that aims to promote critical thinking and effective action across the fields of Renewable Energy, Social Influence, Environment Policy, Enterprise, Environmental Markets, Biodiversity & Ecosystem Services, and Human Behavior. The center’s mission is to effect change by taking knowledge and technology from the lab to society. This requires not only basic research, but also identifying the tools—enterprise, policy, education, marketing, the arts—that turns ideas into action. Participating faculty are committed to working towards a sustainable future through research and engaging the broader community on issues of energy, environment, and sustainability. Business faculty bring these relevant issues into the classroom for discussion and CEES, in addition to Net Impact and other campus groups, sponsors speakers throughout the year to address environmental issues.

School's environmental commitment 3:
Wake Forest has engaged all students on campus to “walk the talk” with regard to the environment. In 2009, Wake Forest students used nearly a quarter of a million polystyrene, clamshell containers for carry-out food from campus dining rooms - about 7,000 containers per week. Containers made from polystyrene foam are not recyclable in the Winston-Salem area. To help solve the problem, reusable to-go boxes are now available for free as part of Dining Services’ “Erase the Waste” campaign. When used containers are returned, they’re washed and sanitized, and ready to use again. Faculty, staff and students are also encouraged to “think before you ink.” If a physical copy of a document is not needed, everyone is encouraged to only distribute it electronically. As part of this initiative, networked copier devices have replaced individual laser and personal inkjet printers because when not in use, they enter a hibernate mode that does not actively consume energy. Copier devices are also set to automatically print on both sides of the paper, resulting in up to a 50 percent reduction in paper use.

Career overview

Career Rating
94
Average Starting Salary
$82,035

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
56%
School Facilitiated
25%
Graduate Facilitated
19%
Unknown

Source Of Internship Acceptances
56%
School Facilitiated
25%
Graduate Facilitated
19%
Unknown

Graduates Employed by Area of Practice

29%
Marketing
27%
Finance/Accounting
19%
Consulting
9%
Operations/Logistics
8%
General Management
4%
Information Technology
2%
Human Resources
2%
Other

Graduates Employed by Region

73%
South
11%
Southwest
8%
Mid-Atlantic
4%
International
2%
Northeast
2%
West

Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Marketing / Sales 29% $82,500 $79,300 $36,000 $95,000
Finance / Accounting 27% $80,000 $81,833 $68,000 $100,000
Consulting 19% $95,000 $91,750 $75,000 $100,000
Operations / Logistics 9% $80,000 $77,500 $55,000 $95,000
General Management 8% $75,000 $77,333 $65,000 $92,000
Information Technology 4%
Human Resources 2%
Other 2%

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Consumer Products 25% $80,000 $82,500 $65,000 $95,000
Financial Services 23% $95,000 $90,000 $70,000 $100,000
Consulting 17% $82,500 $84,389 $63,000 $100,000
Pharmaceutical / Biotechnology / Healthcare 8% $74,000 $69,667 $55,000 $80,000
Manufacturing 4%
Real Estate 4%
Government 2%
Media / Entertainment 2%
Non-profit 2%
Technology 2%

Prominent Alumni

Charles W. Ergen
Founder, Chairman, President & CEO , EchoStar Corporation

Donald E. Flow
Chairman & CEO, Flow Automotive Companies

Warren A. Stephens
Chairman, President & CEO, Stephens, Inc.

Eric C. Wiseman
Chairman, President & CEO, VF Corporation

David W. Dupree
Managing Director & CEO, The Halifax Group

Dates


Financial Aid Statistics

Average Aid Package
$40,686

Average Scholarship / Grant Aid Package
$17,585

Students Receiving Some Form Of Aid
88%

All Students Receiving Scholarships / Grants
70%

New Students Receiving Some Form Of Aid
92%

New Students Receiving Scholarships / Grants
69%

New Students Receiving Loans
42%

Tuition Full-Time (per year)

Tuition (In-State)
$38,988
Tuition (Out-State)
$38,988
Fees (In-State)
$626
Fees (Out-State)
$626

Expenses per Academic Year

Estimated Room And Board Off-Campus
$10,000
Academic Expenses
$2,000

Student Body Profile

Total Enrollment
356
Out of State
69%

In State
99%
Foreign Countries Represented
14

Demographics

13.00%
Minorities
23.00%
International

23% female
77% male

Campus Life

Students Say

Wake Forest MBAs are “outgoing, dedicated, hard workers who are easy to get along with and fun to be around.” There are countless student activities and the academic work is rigorous, but students love the atmosphere and enjoy getting together to debate key topics of the day or cheer on the Demon Deacons at a basketball game. “We are a tight-knit group. Everyone knows everyone for the most part. The week can get pretty busy, but a lot of us play intramurals or pickup games during the week.” Fridays are the time “when we all go out and blow off some steam. Students, even ones on different teams, will help each other out.”

Life on campus “is fast-paced and exciting.” The workload is pretty demanding, but there is time for fun.” The student government “puts on lots of social events that bring most people out to socialize.” There are “tons of clubs, activities, both athletic, cultural, and community oriented,” and “the town of Winston-Salem also has plenty of dining venues.” The typical day at Wake “ranges from all-nighter’s in the study room with your learning team to happy-hour events in the courtyard where students cut loose, to Alive at 5 concerts in downtown. It very much is a work hard play hard atmosphere,” which “prepares you well for the future.” “Quality of life is part of what makes Wake Forest such a great place to be.” In essence, Wake Forest’s Full-Time MBA Program is full of “brilliant, type-A achievers you can get along with.” There is “a prevailing atmosphere of collaboration and support.” There is also excitement about the upcoming fall 2013 completion of Farrell Hall, the future state-of-the-art home of the School of Business.


More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
John White
Director, Graduate Admissions

Address
Farrell Hall
1834 Wake Forest Rd.
Winston-Salem, NC 27106

Phone
336-758-5422

Email
busadmissions@wfu.edu
Wake Forest University - Babcock Graduate School of Management campus - Image 0
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Key Stats

335
Applicants
356
Size
41%
Acceptance Rate

Rankings & Lists