Goizueta MBA is among the few top US MBA programs offering 1-year and 2-year Full-time MBA programs. The classes for each program type are chosen carefully, with the former attracting experienced professional for a small class and the latter a comparatively younger class but older than the typical US MBA program by 1.5 years.
In addition to attracting a diverse class including international students, the school's favorable funding - merit and military-affiliated, makes the school one of the best military-friendly Business Schools in the world.
In the first part of the in-depth analysis of Goizueta Full-time MBA, we cover:
- Goizueta MBA Class Profile
- Goizueta MBA - Total Cost
- Goizueta Full-time MBA Scholarships and Financial Aid
Goizueta MBA Class Profile
The one-year MBA program attracts students who have already established themselves in managerial roles. These students come from Finance, Consulting, and Technology. They have an average of 7.7 years of work experience and a GMAT score of around 646. The class size is small, with about 50 students.
32% of the class are women, whereas 35% are international students.
The two-year MBA program also predominantly attracts professionals from diverse backgrounds, including Healthcare, Engineering, and non-profit. They have an average of six years of work experience and a mean GMAT score of 700. The larger class size, with around 110 to 150 students, provides a diverse community of perspectives and experiences. The women's participation is almost the same as that of the One-year MBA program, but international students represent half the class – an outlier for a US MBA program.
| Goizueta MBA Class Profile | 1 Year Full-Time MBA Class Profile | 2-Year Full-Time MBA Class Profile |
|---|---|---|
| Class Size | 30-50 students | 110-150 students |
| Average GMAT | 646 | 700 |
| Average GPA | 3.36 | 3.38 |
| Average Work Experience | 7.7 years | 5.7 years |
| Women | 32% | 33% |
| International Students | 35% | 50% |
| Countries Represented | 8 | 25 |
Goizueta MBA – Total Cost
The only difference between the overall cost of the One-Year and Two-Year MBA programs at Goizueta is the Total Tuition, Mandatory Fees, and Books cost. In contrast, all other expense elements are similar for the two programs.
Tuition fees for the One-Year MBA program are $105,300, and for the two-Year MBA program, it is $140,400. Mandatory Fees for the one-year and two-year MBA programs are $3108 and $4400, respectively. Summing up the tuition and living costs, the total cost for the One-Year MBA program is $136,146, whereas, for the two-year MBA Program, it is $171,813.
| Goizueta MBA | 1-Year Full-Time MBA Cost | 2-Year Full-Time MBA Cost |
|---|---|---|
| Total Tuition | $105,300 | $140,400 |
| Mandatory Fees | $3,108 | $4,400 |
| Application/Transcript Fees | $245 | $245 |
| Living* | $21,312 | $21,312 |
| Books* | $2,000 | $1,275 |
| Health Insurance* | $3,200 | $3,200 |
| Parking* | $981 | $981 |
| Total Cost | $136,146 | $171,813 |
*Estimated or Approx Cost.
Goizueta Full-time MBA Scholarships and Financial Aid
With three more years of the campaign left, student scholarships have already received more than $41 million in new gifts, making them a top fundraising focus for the Goizueta capital campaign.
The Goizueta Business Fund for Excellence, an annual fund, is used to fund MBA scholarships and fellowships, which are given out based on applicants' academic performance, work experience quality, leadership qualities, and extracurricular involvement.
MBA scholarships often cover all or part of the cost of tuition in addition to a stipend.
No extra application is required for merit-based rewards; all completed applications received by Round 3 will be automatically reviewed.
Applicants who wanted to be considered for named scholarships had to submit their finished applications by Round 2.
The Scholarships, Fellowships, and Loans Available for Goizueta’s 1-Year and 2-Year Full Time MBA programs are the same.
MBA Scholarships
1. Robert W. Woodruff Scholars: Four Woodruff Scholarships are available from Goizueta Business School. The scholarship cover full MBA tuition and fees and a $15,000 annual stipend guaranteed for the duration of the Full-Time MBA degree.
2. Named Scholars: Several named MBA scholarships are available from Goizueta. Alumni, Businesses, and organizations contribute to funding these prizes. All completed MBA applications submitted by Round 3 are automatically considered for scholarships; a separate application is not required.
3. Goizueta Scholars: The Goizueta Foundation supports organizations that enable people and families to improve the quality of their lives through educational opportunities.
4. Other Named Scholarships: Some of the significant Named Scholarships at Goizueta are:
a. Bank of America/Mills B. Lane Scholarship
b. The Consortium for Graduate Study of Management Fellowships
c. El Paso Corporation Diversity One-Year Program Scholarship
d. Forté Fellowship
e. ROMBA Fellowship
f. Goetz MBA Scholarship
g. Prospanica Scholarship
h. Vipin Patel Memorial One-Year MBA Scholarship
5. Rosemary and John Brown, Family Scholars Program: Spelman College and Agnes Scott College Graduates admitted to a Goizueta graduate school are eligible for awards from the $5 million scholarship endowment. Merit-based awards govern scholarships.
Loan
Both domestic and international students have access to a range of student loans. The maximum amount students may borrow is the budgeted MBA attendance cost, with fewer scholarships. A few of these loans are:
• Federal Stafford Loan
• Graduate Plus Loan
• Private Loan
• International Student Loan
Assistantship and Center Fellowships
1. Research and Teaching Assistantships: These hourly-paid positions include administration, teaching assistantships, and research
2. Center for Alternative Investments Fellows: The Center for Alternative Investments (CAI) is a research organization that offers education in several alternative investment-related fields. The center's substantial alum network and international internship program are available to students.
3. Marketing Analytics Center Fellows: The Marketing Analytics Fellows program offers MBA students the chance to play an essential role in the Goizueta analytics community. Students can participate in faculty and center research initiatives and the annual Marketing Analytics Conference's planning and execution.
4. Social Enterprise Fellows: Fellows have access to executive mentoring, chances to take part in fieldwork projects focusing on business and society, a membership to Atlanta's Center for Civic Innovation, a stipend to attend a conference about social enterprises, and financial support if they decide to work as summer interns for a social enterprise.
Military Funding
1. Yellow Ribbon Program: Up to 50 Yellow Ribbon awards may be given out annually by the Goizueta Business School for $22,250, with matching funds from the Veterans Administration. The recipients of Yellow Ribbon funds will also be given preference when awarding merit-based scholarships.
2. Goizueta Business School Military Fellowships: The Goizueta Business School Military Scholarship awards a fellowship and cash stipend of up to $10,000 to one or more current Goizueta MBA students.
3. Goizueta Military Scholarship: Active-duty military personnel and veterans enrolled in any Goizueta degree program can receive financial assistance through the Goizueta Military Scholarship. Each year, a different amount of funds and several scholarships are given out.
4. Military Consortium: Military personnel who have served on active service within three years of applying are eligible for a waiver of the application cost from the Consortium. A one-year deferment is granted if their duty branch postpones an accepted military student’s intention. After the regular application deadlines, the school continues to accept applications from deployed military members.
Related Services
- F1GMAT's Career Planning Service (See if Goizueta is the right MBA program for you)
- F1GMAT's Essay Editing Service for Goizueta MBA Application
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