Master Degree Admissions

ADMISSIONS AND FINANCE

Admission requirements

Hult International Business School seeks Master degree students who have a strong academic background, as well as leadership potential and ability.


Master degree applicants are required to:


• Possess a Bachelor degree or equivalent and provide transcripts in English
• Provide evidence of English proficiency such as TOEFL, IELTS or equivalent, where applicable
• Applicants also typically have some postgraduate work experience (our Class of 2015 average is one year of work experience)

Application rounds

When applying to Hult International Business School, timing is a key element to consider. We highly encourage qualified candidates to apply early to increase your chances of getting into your program of choice and to secure a place at your preferred campus. Your application will receive more attention if you submit it before other applicants, furthermore you will be eligible for more scholarship opportunities the earlier you apply.

Application Deadlines

We consider complete applications year-round; however we give priority to applicants who apply by official deadlines. We will only consider late applications if places are still available.

Fees and expenses

To help you understand the costs associated with your education, we have outlined the estimated expenses for your one year away. Across our Master degree programs the fees are the same, only varying by location.

  BOSTON
(USD)
SAN FRAN
(USD)
LONDON
(GBP)
DUBAI
(AED)
SHANGHAI
(CNY)
Program Fees
Annual Program Fee1 41,300 41,300 30,100 152,400 273,900
Application Fee (in USD)2 150 150 150 150 150
Confirmation Deposit3 2,500 2,500 1,600 9,200 16,200
Medical Insurance4 2,100 2,100 850 5,000 8,700
Estimated Living Expenses
Housing & Utilities 14,000 17,000 13,000 40,000 75,000
Board, Personal, & Other 11,000 12,000 8,000 25,000 50,000
Computer & Books 2,700 2,700 2,000 9,900 17,700
Estimated Total Expenses
Estimated Total Expenses5 71,100 75,100 53,950 232,300 425,300
Additional Programs
Project Management Specialization 6,000 6,000 4,500 n/a n/a

1 The Annual Program Fees are split between Core Courses Program Fee (due to Hult International Business School Ltd. U.K.) and Electives and Other Fees (due to Hult International Business School AG, Switzerland).

2 In USD across all locations. Does not count toward to the Annual Program Fee.

3 The non-refundable Confirmation Deposit counts toward the Annual Program Fee.

4 Subject to change. Insurance plans are provided by AETNA for US locations, Erika Medical insurance for London, Dubai, and Shanghai.

5 Does not include the Application Fee of USD150.

Financing

Overview

Earning a post or undergraduate degree is a significant investment. We work with you at every step to find the most beneficial funding options to cover your education-related expenses.

Other financial aid

We work with a variety of providers to help ensure you finance your degree, regardless of nationality. We offer scholarships, fellowships, and work with other educational loan institutions.

U.S. Federal Student Aid

U.S. Federal Student Aid is available at our Boston, San Francisco, and Dubai locations. Find out more about the U.S. Federal Student Aid system, lender arrangements, and student loan deferment regulations.

Master degree preparation

Prepare for your Master degree with practice GMAT exams, English tests that accurately estimate your score for standardized tests, and take fundamental business courses so you are fully ready for your one-year program.

GMAT

Take our practice GMAT test to get an understanding of where you score and where to target your efforts before your official test.

*Only our MFIN program requires a GMAT score. 

English test

Take the EFSET PLUS to get an official score on the EF Scale, an accurate estimation for international standardized exams, and a detailed diagnosis of your English skills.

FAQs

About Hult

How many students are currently studying at Hult?

In the 2013/14 academic year, we had 2,647 students enroll at Hult programs across our global campus network, making us the world's largest and most international business school. Below is a snapshot of our current student enrollment across programs and campuses for the Class of 2013.
 

Postgraduate campus: Enrollment for the classes of 2013
Boston: 288
San Francisco: 902
London: 588
Dubai: 326
Shanghai: 220

Undergraduate campus: Enrollment for the classes of 2013
London: 308

Where do Hult students come from?

Our students hold 140 nationalities and collectively speak 105 different languages. They also come from a wide variety of industries, functions and work backgrounds. The images below provide a glimpse into our diverse student body.



MBA Student Profile



Which countries can I rotate to?

Rotation is essential to our unique business degrees and offers students a chance to live, study, and understand world markets up close and personal. Almost 80% of our students chose Hult because of our Global Rotation program. Students are able to rotate to a variety of locations based on the program they are enrolled in.

With seven locations worldwide, how do you ensure consistency across the student experience, academics, and grading?

We follow the standard grading policy used by US business schools. This can be significantly different from the one used by other countries. 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 of the grade is based on teamwork and other class activities, rather than heavily on examinations.
• A small component is based on an individual’s class participation.

The benefit of the US system over an examination-only approach is that students are evaluated on their ability to perform in real-world working environments (e.g., how well they present their conclusions to the class or client). This system drives higher classroom participation and competition among students, development of essential soft skills, and the evaluation of the student on a holistic basis.

How are Hult’s rankings in the Financial Times, The Economist, and Bloomberg Bussinessweek 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.


Businessweek ranks U.S. and international schools primarily according to student and employer satisfaction, which determine 90% of the score. They use three measures to determine the rankings: a survey of student satisfaction (45 percent of the ranking); a survey of employers who hire those graduates (45 percent); and the expertise of each school’s faculty, measured by faculty research in esteemed journals (10 percent).


For more information on the methodology of each ranking, please visit their respective webpages:
• Financial Times Global MBA Rankings
• The Economist Which MBA?
• Bloomberg Businessweek Business School Rankings


Hult is not included in other (primarily U.S.-based) business school rankings such as Forbes and 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 currently does not have AACSB accreditation.

Admissions

What does Hult look for in Master degree applicants?

In addition to meeting academic and work experience requirements, successful applicants typically have shown passion, dedication, tolerance of diversity, leadership, and the drive to succeed in global business.

What is the minimum GMAT score required for admissions? Is the GMAT required for all programs?

Our Admissions Policy takes all aspects of a candidate’s background into account, including work experience, university education, GMAT score*, language capabilities, and extraordinary achievements in their business or personal life.

Like many other top-ranked business schools, including those ranked in the top 10 by the Financial Times Global MBA Ranking 2014**, we do not require a minimum GMAT score. As a principle, our Board of Admissions will not rule out great candidates based solely on their GMAT score.

For an overview of the admissions requirements, please go to the program’s admissions section:
Master of Business Administration
Executive Master of Business Administration
Master Degrees
Bachelor of Business Administration

*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 managerial 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.

Is any language certification required?

All of our programs are taught in English; therefore in-depth knowledge of the English language is essential. Students who come from non-English speaking countries are required to prove English proficiency by submitting the results of a TOEFL (Test of English as a Foreign Language), IELTS (International English Language Testing Service), or PTE (Pearson Test of English).

Students who do not meet the minimum required scores, but are sufficiently close, may be invited to participate in Hult English preparation prior to studying.

If I come from a non-business background, am I still eligible for a Hult program?

At Hult, we stand for and embrace the diversity of our students, believing it is essential to the global experience we offer. Students from a wide variety of backgrounds bring so much more to the classroom setting, enabling our students to not only learn from the teachers, classes, and material, but to also learn from each other and get exposure to different cultures, industries, and sectors. The images below provide a glimpse into the diverse background of our student body.





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

As a rule of thumb, it is always best to apply as early as possible. We encourage candidates to apply early to increase their chances of getting into their program of choice, at their campus of choice. An application will receive more attention if it is submitted before other applicants; furthermore, the applicant will be eligible for more scholarship opportunities the earlier they apply.

Additionally, visas are a key part of our application process; our admissions process is established to accommodate our diverse student body. For the majority of our students, getting a visa can take up to 14 weeks. We have early and frequent application deadlines so that we can make admissions decisions and start working with all students before the embassies reach their peak seasons. We strongly encourage applicants to apply as early as possible to avoid complications regarding visas.

The application deadlines for September 2015 admissions are:
• October 26, 2014
• December 7, 2014
• February 8, 2015
• March 15, 2015
• May 10, 2015

How many students apply? What ratio of these applicants end up in class (acceptance rate)?

For the 2013/2014 academic year, we received an outstanding 8,167 applications. Of the 8,167 applications received, 2,250 ended up in class (an approximate ratio of 4:1). To see how this application volume compares to other top-ranked business schools, please see the details below.

School: Applications received for 2013/2014
• Hult: 8,167
• Harvard: 9,315
• Stanford: 7,108
• LBS: 2,000+
• Wharton: 6,442
• Columbia: 6,669
• Insead: approx. 3,500

Financing

What scholarships are available, and how do I apply?

We offer two different types of scholarships, academic excellence and merit-based. The merit-based scholarships vary per program. 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
Applicants with a GMAT score between 650-699, for MBA and Executive MBA programs, or a GPA between 3.80-3.99, for Master degree programs, may be eligible for up to 15% towards the program fees. Applicants with a GMAT score above 700, for MBA and Executive MBA programs, or a GPA of 4.0, for Master degree programs, may be eligible for up to 20% towards the program fees*.

All other Merit-based Scholarships
Merit-based scholarships have specific requirements per program. Funds awarded for merit-based scholarships will not exceed 7% of the applicant's program fees. Applicants who would like to apply for a merit-based scholarship need to fulfill the requirements of the scholarship and provide the requested material, generally an essay of 400-600 words.

For more specific information, please go to the program’s scholarship section:
• MBA scholarships
• Executive MBA scholarships
• Master degree scholarships
• Bachelor degree scholarships

Students may receive two sources of funding to pursue their degree at Hult, Financial Aid and Scholarships. We support students in a variety of ways to source and acquire financing for your studies, including scholarships, financial aid, education loans, GoEd Student Financing, and bank loans. Contact your enrollment advisor, or one of our admission offices in your region, for more information on Financial Aid.
* Note: These amounts are guidelines and scholarship funds are subject to change throughout the admissions cycle.

Can I apply for more than one scholarship?

Applicants are able to apply for more than one scholarship, however each applicant can only be awarded one scholarship. Additionally, applicants may receive a combination of scholarship and financial aid if they apply and/or are eligible for both.

Can I work while I study? If so, what are the options?

Our one-year programs are quite intensive so we do not recommend that students work while obtaining their degree. Additionally, students are only eligible to work if they have the correct visa/permission for the country they are study in.

Accommodation

What accommodation is available to students?

Across all of our campuses, students are able to find accommodation that suits their own taste, lifestyle, and budget*. We offer accommodation in selected locations to students of selected programs.

• Shanghai: All postgraduate students studying in Shanghai have the opportunity to stay in a centrally-located service apartment offering high-quality living, predominantly to Hult students.

For all of our other locations, our Housing Department works closely with vendors in the area to provide students with a variety of options that are safe to book from abroad. We will direct students to this list of approved partners once confirmed to attend Hult. Students will also have a chance to connect with future classmates and meet potential roommates before arriving on campus.

Our Bachelor of Business Administration students have access to our exclusive Hult Residences in London and San Francisco.
* Note: Contact your enrollment advisor for more information.

What support is offered to those leaving their home/country or looking for accommodation?

Across all of our locations, our Housing Department works closely with vendors in the area to provide students with a variety of options that are safe to book from abroad. We will direct students to this list of approved partners once confirmed to attend Hult. Students will also have a chance to connect with future classmates and meet potential roommates before arriving on campus through myHult, a web-portal for accepted and confirmed students.

Can I get in touch with other students looking for accommodation?

Students will be able to connect with future classmates and meet potential roommates before arriving on campus through myHult, a web-portal for accepted and confirmed students. Additionally, confirmed and current students will be able to join our program- or campus-specific social groups.

Connect with Hult

How can I connect with current students and alumni or different departments of Hult?

There are lots of ways to connect with our current students or alumni. The best way to connect with someone is to ask your enrollment recruiter, as he or she will have a list of students/alumni/departments who are available to speak with prospective students during the application process. Alternatively, you can attend an open house at any one of our campuses or an event in your area. Additionally, you may reach out to current students and alumni across our official social networks. Tweet your request to @HultAmbassadors, @HultAlumni, @Hult_Biz, subscribe to our Hult Alumni and Friends group on LinkedIn, or join our group on Facebook.

If specifically interested in contacting a Hult Alumni, we have 60 Alumni Chapters and Clubs across the world, and our chapter leaders will be able to tell you more about attending an event or put you in contact with an alumni in your region.

You can also contact a recruiter or enrollment advisor in your area on our contact us page.

Can I visit the campus or join a class before enrolling into a program?

At our campuses around the world, you are invited to attend open houses, campus visits, and other events for prospective students. Many of these events also host Master classes, specifically designed for prospective students to get a taste of our classroom experience. Contact your enrollment advisor or visit our events page to find out more about visiting a campus or class.

After Hult

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

Employment statistics are published annually, highlighting graduates' percentage of post-graduation salary increase, top 10% average salary, and the percentage of graduates in full-time employment 3 months after 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, please visit the links below:
MBA/EMBA Career Statistics
Master Career Statistics

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

We specialize in international mobility and support for our students in realizing their career goals, including securing jobs abroad. Approximately 58% of our MBA graduates and 53% of Master graduates changed their country of employment upon graduation. Job prospects for international students are highly dependent on the prevailing economic climate and the student’s profile for the position.

In general, students who have had success in finding employment abroad:
• Start their job search from the moment they are confirmed to attend Hult. With our Career Development Fast Track program, we support you before you arrive on campus through CV reviews, webinars, personalized feedback, and profile matching with our Talent Solutions so you are ready to apply to programs that start recruiting as early as September.
• Network extensively to build relationships with professionals in the desired industry, position, or company.
• Apply for positions that value many components of their resume (e.g., academic background, industry experience, language skills, and geographic knowledge).
• Are flexible on their starting profile/role, particularly if they are attempting to move industry and region of employment at the same time.
• Have an understanding for the local language, if applicable.

Our Career Services team will work with you to help make your goal a reality. Generally, students who have had success in securing job opportunities outside of their country of origin are those that start working with Career Services from day one and proactively work on achieving their goal.

Download our Terms & Conditions, London Terms & Conditions, and the Student Handbook for more information.