Olin School of Business
St. Louis, United States
- Cost of Living$ 16,188
- Tuition Fee From$ 54,300
- Country Rank-
- Batch Strength2,394
- Global Diversity-
- Gender Ratio-
Overview
About
The Olin Business School is a private business school located in St. Louis, Missouri. Established in 1917, the school has a long history of excellence in business education and is known for its rigorous academic programmes, world-class faculty, innovation and entrepreneurship.
The Olin School of Business offers a range of undergraduate, graduate, and executive education programmes. Its undergraduate programme is highly competitive, with an acceptance rate of only 13%, and is designed to prepare students for leadership roles in a rapidly changing global business environment. The programme emphasises a well-rounded liberal arts education, in addition to core business courses, and encourages students to explore a variety of academic disciplines.
At the graduate level, Olin offers MBA, a specialised Master’s in accounting and finance, and Doctoral programmes in business administration. The MBA is highly ranked and provides students with comprehensive business education, as well as opportunities for experiential learning, such as consulting projects with local businesses and internships at top companies.
Olin's faculty members are renowned for their research expertise and practical experience in the business world. The school's faculty includes winners of the Nobel Prize in Economics, as well as top executives from leading companies. In addition, Olin's faculty members are committed to providing a personalised learning experience for students, with small class sizes and individualized attention.
Olin is also known for its focus on entrepreneurship and innovation. The school hosts the Skandalaris Center for Entrepreneurial Studies, which provides students with resources and support to start and grow their own businesses. The centre offers programmes such as business plan competitions, mentorship opportunities, and networking events with successful entrepreneurs and investors.
Ranking
The Olin School of Business at Washington University in St. Louis is consistently ranked among the top business schools in the United States. Here are some of the most recent rankings:
- U.S. News Best Graduate Schools for Business (2022) - #19
- U.S. News Best Part-time MBA (2022) - #5
- U.S. News Undergraduate Business Programmes (2022) - #11
- Financial Times (2021) - #37 in Global MBA Rankings
- Forbes (2019) - #7 in Best Business Schools
Year
QS Ranks
US News Ranks
2023
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Facilities
Olin Business School has state-of-the-art facilities that provide a rich and dynamic learning environment for its students. The facilities include
Knight Hall and Bauer Hall: These are the two primary buildings of the Olin Business School campus. The buildings have a modern design with ample natural light and spaces for collaboration, study, and socialising.
Simon Hall: This building houses the executive MBA, faculty offices, classrooms, and conference rooms.
Charles F. Knight Executive Education & Conference Center: This facility is located on the outskirts of the Olin Business School campus and offers executive education courses, conference facilities, and hotel accommodations.
Emerson Auditorium: This is a state-of-the-art auditorium with advanced audiovisual capabilities that hosts lectures, conferences, and other events.
Technology-Enabled Active Learning (TEAL) Classrooms: These classrooms are equipped with the latest technology and flexible seating arrangements to facilitate active learning and collaboration.
The Weston Career Center: This is a dedicated career centre that provides career counselling, job search assistance, and networking opportunities for Olin Business School students and alumni.
Notable Alumni
Courses
Admission
Olin School of Business Entry Requirements
The institution is a popular choice for many students, who have access to a wide variety of programmes. The application process is moderately competitive, with requirements varying based on which programmes the student chooses. Students can fill out the application form from the institution’s official website and they may also need to pay an application fee. Below are the supporting documents required for admission:
- Original transcripts
- English language test score
- Original score reports for the GMAT, GRE, SAT or ACT
- Statement of financial support
- Copy of your passport
- Photocopy of Visa
- Personal essay in English
- Letter of recommendation
- Portfolio
Accepted English Proficiency Test Scores
- IELTS - 6.5
- TOEFL (iBT) - 103-108
- SAT - 1480-1550
- ACT - 33-35
Olin School of Business Fees
The institution offers several programmes at different levels. Listed below are the Olin School of Business fees based on different courses:
- M.B.A - $64,826 /Year
- M.S Business Analytics - $67,477 /Year
- M.S Finance - Quantitative Finance - $72,637 /Year
- B.S Business Administration - $59,420 /Year
- M.S Finance/Global MBA - $84,647 /Year
- M.Fin Finance and Banking - $72,637 /Year
Placements
Olin Business School has a dedicated Career Center, the Weston Career Center, which offers a range of services and resources to help students achieve their career goals. The Career Center provides one-on-one career coaching, resume and cover letter reviews, interview preparation, and networking opportunities with alumni and employers.
Olin Business School also has strong relationships with top employers in various industries. The Career Center partners with these employers to host career fairs, information sessions, and on-campus interviews. Students also have access to a database of job and internship opportunities through the Career Center's online platform.
According to Olin Business School's most recent employment report, 94% of Olin MBA graduates secured employment within three months of graduation. The median starting salary for Olin MBA graduates was $120,000, with the top 20% of graduates earning a median salary of $150,000. The school's undergraduate business programme also has a strong track record of placing students in top companies.
Scholarship
Regardless of the program you are studying, there are several scholarship opportunities provided by the university as well as other organizations. With so many scholarships available now, overseas students can greatly lower the financial burden of studying in a new country. You can apply for scholarships to study at the Olin School of Business through UniScholarz. You can find the following types of scholarships based on your academic performance and financial situation:
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Merit-based scholarships
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Need-based scholarships
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Country-specific scholarships
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College-specific scholarships
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Student-specific scholarships
Finances
Most international students are obligated to show proof of sufficient funds to obtain a visa. While some students may have the opportunity to make use of scholarships, not all students cut the eligibility to get a scholarship or a grant. Moreover, not all scholarships cover 100% of your study abroad expenses. At such times, most students resort to acquiring education loans to avoid the financial hassles associated with studying at the Olin School of Business. For Indian students, UniCreds is the ideal education loan marketplace if you’re looking for low-interest rates and free consultation services!
Accommodation
There are several student housing options available for students planning to attend the Olin School of Business. You may select from a wide choice of affordable yet elegant student flats, halls of residence, studios, en-suites, and more! You have the option of staying on campus in the university halls of residence or a private residence. Because of their proximity to the university, on-campus housing options may be ideal; nevertheless, they tend to fill up fast and are more expensive.
UniAcco simplifies the process of finding student housing and offers a variety of options. As a result, students can select from a wide range of available student accommodations near the university, such as luxury studios, en-suites, and shared apartments that are more inexpensive and student-friendly.
Cost of Living
St. Louis is home to several universities and colleges. The city has a vibrant and diverse student life, with many opportunities for students to get involved in extracurricular activities and explore the city. Living in St. Louis can be affordable, especially for international students. The overall cost of living is 6% lower than the national average. The prices of houses, utilities, and transportation are comparatively cheaper than in neighbouring cities. Below is a list of the expenses that prospective students should keep in mind
|
Items |
Cost |
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Off-Campus Accommodation |
$735 |
|
On-Campus Accommodation |
$777 |
|
Transportation |
$99 |
|
Food Cost |
$313 |
|
Utility Cost |
$184 |
|
Entertainment |
$48 |
|
Groceries |
$52 |
|
Clothes |
$102 |
|
Health Insurance |
$80 |
|
Total Cost of Living with Off-Campus Accommodation |
$1,613 |
|
Total Cost of Living with On-Campus Accommodation |
$1,655 |
|
Annual Cost of Living |
$19,354 |