Kenan-Flagler | Mr. 10 Years In Finance
GMAT Not Required / Waived, GPA 2.65
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
Harvard | Mr. Strategist
GMAT 750, GPA 73%, top of the class (gold medalist)
Harvard | Mr. Brightside
GMAT 760, GPA 3.93
Harvard | Mr. Australian Navy
GMAT 770, GPA 3.74
Berkeley Haas | Mr. All About Impact
GMAT N/A, GPA 63%
Harvard | Mr. Forbes U30 & Big Pharma
GMAT 640, GPA 3.4
Wharton | Mr. Asset Manager – Research Associate
GMAT 730, GPA 3.6
Ross | Mr. FP&A
GMAT 730, GPA 3.5
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
NYU Stern | Ms. Civil Servant To Fortune 50
GRE Writing May 31st, GPA Undergrad: 3.0, Graduate: 3.59
Harvard | Ms. Social Enterprise/Healthcare
GRE 324, GPA 3.5
Harvard | Ms. FMCG Enthusiast Seeking Second MBA
GMAT 730, GPA 3.1
Stanford GSB | Mr. Former SEC Athlete
GMAT 620, GPA 3.8
Harvard | Mr. Supply Chain Photographer
GMAT 700, GPA 3.3
McCombs School of Business | Ms. Registered Nurse Entrepreneur
GMAT 630, GPA 3.59
MIT Sloan | Ms. Designer Turned Founder
GMAT 720, GPA 3.5
Kellogg | Ms. Not-For-Profit
GMAT TBD, GPA 4.0
INSEAD | Mr. Big Chill 770
GMAT 770, GPA 3-3.2
Harvard | Mr. Captain Mishra
GMAT 760, GPA 4.0
Ross | Mr. Dragon Age
GRE 327, GPA 2.19/4.0
Wharton | Ms. Type-A CPG PM
GMAT 750, GPA 3.42
Harvard | Ms. 2+2 Trader
GMAT 770, GPA 3.9
Berkeley Haas | Mr. Young Software Engineer
GRE 330, GPA 3.60
NYU Stern | Mr. Indian Analytics Consultant
GMAT 700, GPA 3.0
Chicago Booth | Ms. Start-Up Entrepreneur
GRE 322, GPA 3.4
Columbia | Mr. RAV4 Chemical Engineer
GMAT 750, GPA 3.62

How Students Plan To Pay For Their MBAs

piggygrad2One of the nagging questions that befuddles many a prospective MBA is how will they pay for the degree? The Graduate Management Admission Council just surveyed thousands of would-be students to ask them how they intend to pay for a graduate business degree.

Here’s what they said. “Although financial issues remain the most pervasive reservation expressed by prospective business school students, such reservations have declined slightly over the past few years,” according to the group’s 2015 Prospective Student survey. In 2010, half (51%) of prospective students said a graduate management education required more money than they had available compared with 48 percent in 2014.

The same five-year period saw an even greater decrease in student reservations about taking on a large financial debt (44% of prospective students in 2014, down from 49% in 2010). One big change in the past five years: An increasing amount of support is coming from parents (see below). Mommy and daddy are expected to provide 22% of the costs of a business education today, up from just 15% five years ago. Prospective students seem more reluctant to take out loans for their study, perhaps a result of all the horror stories on graduates with great loan burdens.

Expected Financial Mix, by Survey Years 2010 and 2014

Source: 2015 GMAC Prospective Student Survey

Source: 2015 GMAC Prospective Student Survey

GMAC said that growth in parental support is driven by the younger and more mobile cohort of prospective students. Domestic students, meantime, report an increase in reliance on personal savings and less on loans (see below).

The findings are based on the responses of nearly 12,000 potential graduate business students. These students, who registered on GMAC’s website in 2014, were part of a random sample collected monthly.

Expected Financial Mix, by Age and Student Mobility Preference

Source: 2015 GMAC Prospective Student Survey

Source: 2015 GMAC Prospective Student Survey