 Program length
How many months does the full-time MBA program
last? 21
Program costs
Please estimate the total direct costs
(tuition and required fees) of the entire MBA program.
Resident Tuition: $35,180.00
Nonresident Tuition: $57,496.00
Expected monthly rent (based on local
averages): $665.00
Recommended annual budget
(Resident): $60,114.00
Recommended annual budget
(Nonresident): $41,272.00
GMATAre applicants required to take the GMAT as
part of applying to your program? Yes
If not, how are applicants' quantitative
abilities checked before enrollment?
NA
GMAT score of newest entering class:
Mean GMAT score: 651
Median GMAT score: 660
Middle 80% range GMAT score
From: 560 to: 730
TOEFL
Are applicants whose native language is not
English required to take the TOEFL as part of applying to your
program? Yes
Minimum TOEFL score required for MBAs: 600
Mean TOEFL score of new entrants: 630
Work experience
Postgraduate work experience (months) of
newest entering class:
Mean months of postgraduate work experience:
55
Median months of postgraduate work experience:
48
Middle 80% range postgraduate work experience
From: 12 to: 108
Percentage of new entrants with one year or
less of postgraduate work experience: 8
Age of new entrants
Mean age (rounded to nearest year): 28
Median age: 27
Middle 80% range age (years)
From 24 to 33
Application fee
Resident: $60.00
Nonresident Tuition: $60.00
Number of applications
Number of applications (admitted and denied)
to the newest class of full-time MBA entrants: 511
Selectivity
Percent of all applicants accepted to the
class of newest full-time entrants: 33
Yield
Percent of the admitted applicants to the
class of newest full-time entrants who enrolled: 50
Re-applicants
Percent of applicants that were re-applicants
from prior years: NA
What percentage of this year's re-applicants
were accepted? NA
Wait-listed applicants
Number of applicants placed on the B-school's
wait list during the last admissions cycle:
NA
How many of those wait-listed applicants were
ultimately admitted for in the semester to which they applied?
NA
Applicant interviews
Interviews are:
Required
Percentage of all applicants (admitted and
denied) to the class of newest full-time entrants who were
interviewed: 46
Percent of the admitted applicants to the
newest full-time class who were interviewed: 100
MBA Essays
Please limit your responses to one single page per question.
As a guideline, start with 12 point font, double-spaced, and
work with your spacing to accommodate keeping each essay easily
readable on one page. If it is imperative, you may have one
additional paragraph beyond the one page limit. Clarity and
brevity are critical to effective professional communications.
Essay Question 1: Question 1 is required
In your field of business interest, what challenge are you
hoping to address, or what need are you hoping to meet after you
complete your MBA? Describe how a Penn State Smeal MBA will
prepare you.
Essay Question 2: Question 2 is required
2. We focus on developing what we call “principled leadership.”
What does that mean to you, and specifically how have you
demonstrated it?
Essay Question 3: Question 3 is required
3. Listed below are the values that embody the Penn State Smeal
MBA community.
Penn State Smeal MBA Values:
1. We are Individuals of Character and Integrity. We value
honesty, humility, and hard work. We value passion, commitment,
and personal responsibility. We honor our obligation to each
other and to the world in which we live.
2. We are A Diverse Community built on Common Values. We value
each person’s unique contributions to the Community. We value
trust, mutual respect and collaboration. We share our struggles
and our successes - and have fun along the way.
3. We are Leaders focused on Learning and Individual Growth. We
value intellectual curiosity, creative thinking, and a
commitment to excellence. We value a curriculum that is
relevant, innovative, and practical, and demanding. We take
risks and reach beyond our perceived limitations.
4. We are The Students, Faculty, Alumni, and Staff of The Penn
State Smeal MBA Program.
5. We are Penn State.
We value how these principles help us develop our future
leaders. Please select ONE of the following questions to show
how you embody the Penn State Smeal MBA culture.
1. “We value each person’s unique contributions to the
Community.”
What’s your unique contribution to the Penn State Smeal MBA
community?
2. “We value trust, mutual respect and collaboration.”
Describe the situation from your own experience that best
exemplifies this value.
3. “We share our struggles and our successes - and have fun
along the way.”
From what have you learned most – a great struggle or a great
success? Describe the situation and how it changed you.
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