Frequently Asked Questions
Q. Can I transfer credits from another University?
A. After successfully passing the Qualifying Exam at the end of your second year, you may submit for review up to 12 credits for transfer from other graduate business programs accredited by the AACSB. Any transfer credit must be reviewed and approved by our Academic Review Committee.
Q. International students can’t visit Olin easily. Is this considered a drawback to admissions?
A. Although we strongly encourage students to visit Olin if they can, there’s no penalty for individuals who can’t make it to campus. Keep in mind, we send representatives to MBA Fairs in many parts of the world and offer personal interviews in these locations.
Q. What is Olin's accreditation?
A. We’re accredited by AACSB International, the Association to Advance Collegiate Schools of Business.
Q. Do you require specific undergraduate classes?
A. We require a four-year undergraduate degree. There are no specific undergraduate courses that are required; however, a strong quantitative background is suggested. Applicants should be proficient in linear and matrix algebra and advanced level calculus.
Q. Who should write my letters of recommendation?
A. Your current supervisor or advisor is the best person to write one of your letters of recommendation. The other can be from a person of your choosing, preferably from within your work or academic environment.
Q. Is there a minimum GPA requirement?
A. No. The Review Committee considers the quantitative courses and performance from previous formal education.
Q. Do you have a minimum GMAT score requirement?
A. There is no minimum score requirement. The average GMAT score for enrolled students is 710 or above. The GMAT institution code for the PhD in business is R4T-WG-45.
Q. Will you accept the GRE?
A. While the GMAT is preferred, the GRE is accepted. The average GRE score of admitted applicants is 1375. The GRE institution code is 4934.
Q. What kind of financial support is available?
A. All enrolled students making satisfactory progress are granted full tuition remissions and a minimum annual stipend for five years of study.
Q. Do international applicants qualify for financial aid?
A. All applicants are considered equally for financial aid.
PROGRAM STRUCTURE / RESOURCES
Q. Can I enroll in the Olin PhD program on a part-time basis?
A. The program is full-time and very rigorous. PhD students do not work outside the university.
Q. Do you offer classes via the Internet?
Q. If I have a master’s degree, will that shorten the time-to-completion?
A. Generally not. The length of the program is relative to the progression of your research.
Q. How long does the program take to complete?
A. Five years of full-time study.