Poets&Quants Top Business Schools

Boston University’s Questrom School of Business

#41

Contact our general manager with any questions. Profile updated: November 28, 2017.

School Data

Annual Tuition: $51,916

Acceptance Rate: 39%

Full-Time Enrollment: 164

Average GPA: 3.3

International: 33%

Minority: 10%

Average Age: 27

Annual Tuition: $51,916

Median GMAT: 682

GMAT Range (mid-80%): 600-740

Female: 43%

GPA Range (mid-80%): 2.8-3.8

Male: 57%

Application Deadlines:

October 18th, 2017
January 3rd, 2018
March 19th, 2018

There are big and novel changes afoot at Boston University’s Questrom School of Business. In the fall of 2013, the school plans to implement what promises to be a revolutionary approach to business education. Dean Kenneth Freeman, a former corporate executive who became dean in August of 2010, is focusing the school on three sectors of the economy where future growth will occur.

Freeman hopes the new emphasis on health care, energy alternatives and digital technology will give the school a distinctive edge in a world in which much of education has become commoditized and undifferentiated. The three sectors are where, in Freeman’s words,  “there will be more job creation, more financial market creation, and more value creation for societies, communities and countries over the next five, ten and 20 years.” With faculty approval gained in early 2012, Freeman is now aligning the school’s professors, research, and curriculum around the three growth areas.

To make those sectors an integral part of Boston’s culture and approach, Freeman plans to recruit new faculty, create academic centers in each field, launch global case competitions in each area, and infuse much of the coursework with case studies and experiential projects in each of the three industries. “We’re recruiting for specific disciplines but we are also doing it with a twist by focusing on specialization in digital technology, the health sector or energy,” he says. “We want to create leading global institutes in each of these sectors to engage faculty here and with other institutions. For us to be distinguished, we have to have cutting-edge research in these fields.

For incoming students, the focus on those three areas starts immediately. “When students arrive we provide them with a brief overview of those sectors and then they move through the traditional management discipline training,” adds Freeman. “We are transforming case content to reflect these sectors much more so than the traditional sectors of the past. And the classroom discussions will be supplemented by lectures from today’s executives in these fields.”

He then expects graduates, 40% of which now enter finance and consulting, to stream into those high-growth fields. “There might be some heavy lifting here but this is where the jobs are going,” insists Freeman.

Rankings Analysis: Boston University’s Questrom School of Business moved up a notch in 2012 in Poets&Quants’ composite ranking of the best U.S. MBA programs. The school ranked 35th, up from 36th a year earlier. But the inconsequential rise covered up a fairly tough year for BU in the rankings game.

BusinessWeek, which largely ranks schools on student and corporate recruiter satisfaction, ranked Boston at 39th in 2012, a slip of one place from 38th in 2010. The school also slipped a bit in U.S. News & World Report’s ranking, falling to 37th in 2012, from 34 in 2011.

The school also lost ground in The Financial Times’ 2012 ranking, falling to a global rank of 77th from 68th in 2011. And then there was The Economist which in 2012 ranked the school 55th globally and 33rd in the U.S., down from 49 and 31, respectively, a year earlier.

Given all the downgrades from four of the five most influential rankings published, how come BU didn’t fall in the P&Q survey? Largely it had to do with the schools directly around it. In 2011, BU had a bit more of a gap between it and the schools immediately behind it. So it didn’t lose any standing.

Boston has not published in its employment report its top employers, preferring to list all of the firms that hired the school’s graduates.

Contact Information

Location:
595 Commonwealth Avenue,
Boston, MA 02215
Admissions Office:
(617) 353-2670
School Social Media:

From the Questrom School of Business:

The Questrom School of Business has left plenty of broken ground in its wake. We were among the first schools to admit women and to establish an MBA program, all before 1925. Along the way, we founded several research institutes and were an early developer of programs specifically for non-profit and health-care management. We taught entrepreneurial studies before it had a formal name. More recently, we were the recipient of Boston University’s largest alumni gift, which will only keep us moving in high gear, with an even larger pool of talented faculty and a significant building expansion. Simply put, a Questrom degree is synonymous with “innovator.”

In a world that is both expanding and shrinking by the minute, we’re keeping stride by developing and refining our programs and courses to fit modern realities. From where we sit, the three sectors of the world economy that are particularly vital are health & life sciences, digital technology, and social enterprise & sustainability and we’ve adjusted our curricula accordingly, as well as our classrooms, which were recently renovated with the latest interactive technology. We’re also infusing deeper discussions of ethics and social responsibility throughout our programs and have been adding more international opportunities.

In 2013, we celebrated our first hundred years of innovation. In 2015, we received the kind of boost that will propel us well into future. With a record-setting $50 million gift, Allen Questrom (’64) and his wife, Kelli, through the Allen & Kelli Questrom Foundation, are helping us further our commitment to developing the next generation of innovative leaders.

At Questrom, we empower brave, agile leaders to dare conventional thinking and take bold, smart risks to discover new possibilities. Our pioneering outlook is rooted in a real-world environment. With a multidisciplinary approach, groundbreaking research, and dynamic curriculum, we’re dedicated to the experience and the future you’re investing in. Are you ready to innovate?

The Questrom MBA

We want the best for you here—plain and simple. We’re dedicated to the experience and the future you’re investing in, and we don’t take that investment lightly.

You won’t find any gimmicks at Questrom. That’s what our name is all about. It comes from a man who based his career on living and working authentically. We gave Allen Questrom (’64) his start, and he went on to rewrite the rules of retailing.

Here, you’ll learn about the forces transforming the global economy, including health & life sciences, digital technology, and social enterprise & sustainability. You’ll tackle ethical questions, issues that really matter. And you’ll be ready to apply the skills you’re gaining right away. We don’t just prepare you for the real world—this is the real world.

Read More