Admissions and Program Fees

We seek highly motivated, experienced professionals for our one-year MBA program. Students are selected based on their abilities to perform in a dynamic classroom environment and their potential for business leadership.

Frequently Asked Questions

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  1. What is the minimum GMAT score required for admissions?
  2. When should I submit my application, and why are there multiple application deadlines?
  3. How many students apply? What ratio of these applicants end up in class?
  4. How many students are currently studying at Hult?
  5. Where do Hult students come from?
  6. What scholarships are available, and how do I apply?
  7. My goal in pursuing a degree at Hult is to get a job overseas. How feasible is this?
  8. Where can I find the latest employment statistics for Hult graduates?
  9. How can I connect with current students and alumni?
  10. How are Hult’s rankings in the Financial Times and The Economist determined? Why is Hult not included in some other business school rankings?
  11. With 5 campuses and 1 rotation center worldwide, how do you ensure consistency across academics and grading?
  12. What accommodation is available to students coming from abroad?

1. What is the minimum GMAT score required for admissions?

The Hult Admissions Policy takes into account all aspects of a candidate’s background, including work experience, university education, GMAT score, language capabilities, and extraordinary achievements from their business or non-business life. 

All MBA and MFIN applicants are required to provide a GMAT score.* Like many other top-ranked business schools, including those ranked in the top 10 by the Financial Times Global MBA Ranking 2013**, we do not have a minimum GMAT score.

We have found a weak correlation between GMAT scores and Grade Point Averages, with zero correlation between GMAT scores and starting salaries. As a principle, the Board of Admissions will not rule out great candidates based their on GMAT score alone.

For an overview of the admissions requirements, please return to the admissions section for your program:

*The MFIN requirement for GMAT will be waived if the applicant has completed an undergraduate degree with specialization in quantitative data analysis with a GPA >3.0. The MBA requirement for GMAT will be waived if the applicant has proven to have more than 5 years of work experience.
**NB: Harvard, Stanford, Wharton, INSEAD, MIT Sloan, Chicago Booth, Hong Kong UST indicate no minimum required GMAT score for admissions on their respective websites. 

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2. When should I submit my application and why are there multiple application deadlines?

The application process at Hult is established to accommodate our diverse student body. Since Hult attracts students from 140 nationalities, visas are a key part of the application process. 

For the majority of our students, getting a visa can take up to 12-14 weeks. We have early and frequent application deadlines so that we can make early admissions decisions and start working with the most difficult cases before the embassies reach their peak seasons.

Having multiple deadlines also enables us to account for differences in application behavior by region. Prospective students in one region will often complete their application months before applicants from another. For example, applicants from Asia will submit applications early in the admissions cycle, whereas students from Europe tend to start this process much later.

In order to ensure a diverse student demographic, we account for these differences and accommodate applicants from each geographical region with multiple rounds of admissions. We strongly encourage applicants to apply as early as possible to avoid complications regarding visas, and to ensure that students are granted their first choice program and campus.

The application deadlines for September 2014 admissions are:

  • Round 1 Deadline: Sunday, Oct 27, 2013
  • Round 2 Deadline: Sunday, Dec 8, 2013
  • Round 3 Deadline: Sunday, Feb 2, 2014
  • Round 4 Deadline: Sunday, March 16, 2014
  • Round 5 Deadline: Sunday, May 4, 2014
  • Round 6 Deadline: Sunday, June 22, 2014
  • Round 7 Deadline: Sunday, July 27, 2014

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3. How many students apply to Hult? What ratio of these applicants end up in class?

For the 2013/2014 academic year, we received an outstanding 8,167 applications. To see how this application volume compares to other top-ranked US business schools, please see the table below.

 School

 Applications received 2013/2014

 Harvard

 9,315

 Hult

 8,167

 Stanford

 7,108

 Wharton

 6,036

 Columbia

 5,765

 MIT Sloane

 4,500-5,000


Of the 8,167 applications received by the Board of Admissions, 2,250 ended up in class (an approximate ratio of 4:1).

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4. How many students are currently studying at Hult?

There are 2,250 students studying across our global campus network, making us the world's largest and most international business school. Below is just a snapshot of our current student enrollment across programs and campuses for the class of 2013.* 

 Campus

 Enrollment for the classes of 2013

 Boston

 286

 San Francisco

 581

 London

 825

 Dubai

 308

 Shanghai

 250


*Numbers below are based on students' home campuses and do not account for Hult's Global Campus Rotation program.

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5. Where do Hult students come from?

Our students hold 140 nationalities, hail from 120 countries, and speak 105 different languages. The images below provide a glimpse into our diverse student body.

Hult Students Region of Origin 

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6. What scholarships are available, and how do I apply?

Students may receive two sources of funding to pursue their degree at Hult: Financial Aid and Scholarships. Scholarships are divided into academic excellence and merit-based categories. Financial Aid is provided based on proven financial need.

The amount of scholarship awarded is determined based on the uniqueness a student brings to the Hult classroom. This includes both professional and academic accomplishments, as well as fixed academic criteria indicated below. If you do not qualify for Academic or Merit Scholarships, you may still be eligible to receive Financial Aid. For each category of funding, we encourage students to apply as early as possible as these amounts are allocated on a first-come, first-served basis in accordance with eligibility.

Academic Excellence Scholarships
MBA, EMBA, and MFIN applicants may be eligible for up to 15% off their program fees if they obtain a GMAT score between 650-699. Applicants with GMAT scores of 700+ are eligible to receive up to 25% off their program fees.

MIB, MIM, MSE, and BBA applicants are eligible to receive up to 15% off their program fees with a 3.3-3.5 GPA and up to 25% off for a GPA of 3.5 or more.

Note: These amounts are guidelines and scholarship funds are subject to change throughout the admissions cycle.  

All Other Merit Based Scholarships
Further details of merit based scholarships are provided below. The amount awarded in these instances will not exceed 7% of an applicant's program fees. Applicants may receive a combination of Scholarship and Financial Aid if they apply and/or are eligible for both.

Each student who wishes to apply for a merit-based scholarship needs to provide the admission committee with an essay related to the scholarship category he/she wishes to apply. For more information, please visit the links below for scholarships pertaining to your program of choice:

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7. My goal in pursuing a degree at Hult is to get a job overseas. How feasible is this?

We specialize in taking people from their home country and helping them get jobs abroad. Approximately 65% of MBA graduates and 58% of Master graduates change their country of employment upon graduation. Job prospects for international students (which comprise the vast majority of the Hult student body) are highly dependent on the prevailing economic climate. In general, students who have had success in finding employment in a new country tend to:

  • Start looking for a job from the moment they start school and do not wait until near graduation – this is especially important with Hult's one year programs. 
  • Network extensively to build personal relationships rather than relying entirely on resume screening and interview processes. 
  • Apply for positions that value many components of their resume (e.g., academic background, industry experience, language skills, and geographic knowledge) and not just their successful pursuit of an MBA.
  • Are flexible on the starting position they take, particularly if they are attempting to move industry and region of employment at the same time.

Our Career Services team will work with you to help make this goal a reality. It's worth noting that students who have success in securing job opportunities outside of their country of origin are those that take advantage of this service to the fullest, proactively taking responsibility for their own careers. 

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8. Where can I find the latest employment statistics for Hult graduates?

The employment statistics for all programs are published annually, highlighting statistics such as graduates' percentage of post-graduation salary increase compared to pre-enrollment, and the percentage of graduates in full-time employment up to 3 months post-graduation. These statistics are compiled from a survey of Hult graduates, and are used by both the Financial Times and The Economist to determine our rankings in these publications.

For more information or to view these statistics, please visit the links below:

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9. How can I connect with current students and alumni?

There are lots of ways to connect with current students or alumni. The best way is to ask your enrollment recruiter. He or she will have a list of alumni who have volunteered to speak with prospective students during the application process. Alternatively, you may arrange to attend an open house at any one of our campuses. Here we have a panel of alumni from various programs in attendance to answer any questions you may have. Following this, you may reach out to current students and alumni across our official social networks. Tweet your request to @HultAmbassadors@Hultalumni@Hult_biz or subscribe to our Hult Alumni and Friends group on LinkedIn.

Last but not least, our 7,000-strong alumni network are represented in 26 local chapters in 20 countries. Many of these chapters hold events on a regular basis. You're welcome to reach out to chapter leaders in your area to attend an event or to be put in connect with alumni in your region.

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10. How are Hult's rankings in the Financial Times and The Economist determined? Why is Hult not included in other business school rankings?

Financial Times ranking relies heavily (59% weighting) on data from the FT's independent survey of all Hult students who graduated 3 years prior. Approximately 20% of the ranking is determined based on data provided by the school.

The Economist ranking is based on data submitted by the school and an independent survey conducted by The Economist. The ranking is weighted towards post-MBA salary, number of industry sectors recruiting students, percentage of graduates in jobs three months after graduation, and percentage of graduates finding jobs through career services.

For more information on the methodology of each ranking, please visit the links below:

Hult is not included in other (primarily U.S.-based) business school rankings such as Forbes, Businessweek, US News & World Report because the standard model required for these rankings is a two-year MBA degree that is AACSB accredited. Hult offers a one-year MBA degree accredited by the New England Association of Schools and Colleges (NEASC), the Association of MBAs (AMBA), and the British Accreditation Council for Independent Further and Higher Education (BAC). Although Hult is a member of the Association, it is not accredited by AACSB. 

AACSB has placed significant weight on the number of faculty engaged in academic research for accreditation. Hult’s focus has always been on providing the best global faculty with real-world experience combined with outstanding academic credentials. By emphasizing practical, high-quality teaching in place of academic research we have not met the AACSB requirements to date.

Recent changes to the accreditation process have indicated that AACSB is re-evaluating accreditation standards which reflect our curriculum and approach to practical business education, and to better reflect a “new era in management education to drive impact and innovation."*

With this new set of standards in mind, we are evaluating AACSB's 2013 accreditation criteria as it fits within our vision of providing the most globally relevant and practical business education experience in the world.

*AACSB 2013 Accreditation standards.

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11. With 5 campuses and 1 rotation center world wide, how do you ensure consistency across academics and grading?

Hult follows the standard grading policy used by U.S. business schools. This is significantly different from that used by many other countries. Given the diversity of the Hult classroom, the relative merits of the grading system compared to systems in other countries are often debated.

The major components of the US grading policy are:

  • Forced ranking of students (the number of "A" grades is limited by number not based on an absolute standard being reached).
  • A significant component based on teamwork and other class work activities rather than simply examinations.
  • A small component based on individual class participation.

The benefits of this system over a more simplistic, examination-only approach are that students are evaluated in real-world working environments (e.g., how well they present their conclusions to the class or client). This system also drives greater classroom participation and competition between students, relying somewhat on an individual professor's judgment and greater emphasis on teamwork.

Given that the grading system used by any business school is not especially relevant to employers (graduates are viewed as having an MBA, and little scrutiny is given to their grades), Hult believes that this grading system has the best educational outcomes for students.

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12. What accommodation is available to students coming from abroad?

Hult does not provide accommodation to students with a few exceptions:

  • Shanghai campus, where we feel that because of language issues it is very difficult for our students to find suitable accommodation themselves
  • London campus for Bachelor students, because we recognize that for many parents knowing where their son/daughter will be living is an important part of the decision process when choosing a Bachelor program. 

Very few stand alone business schools offer their own student accommodation. Only those business schools attached to much larger universities do so because they can leverage this capability with very little work. Hult does not offer accommodation because we believe it is hard enough to run a great business school let alone run a great business school and a hotel or residence hall. Furthermore, meeting the accommodation needs of all our students hardly meets the needs of any individual student – it is too expensive for some and not up to standards for others. Therefore, Hult has decided to focus on the education it provides while helping students find suitable accommodation in the local market. This is one of the major reasons why we base our campuses in city center locations with excellent transport facilities.

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