Admissions and Financial Aid
Preparation for Graduate Schools
Applicants from all undergraduate majors are considered for admission to the MBA program. MS degrees in some areas may have specific course or major prerequisites. Check our website at simon.rochester.edu for details. Undergraduate backgrounds of current MBA students are distributed across business, engineering/math/sciences, economics, and other social sciences and the humanities. The curriculum is designed to be managed successfully by students without prior business coursework. However, for applicants planning to take additional courses prior to entering Simon, economics, accounting, and statistics are recommended. An elementary knowledge of calculus is required.
Criteria for Selection
Simon Business School encourages applications from men and women with diverse educational, professional, cultural, and geographic backgrounds. This rich mix of educational backgrounds and experiences greatly enhances classroom interaction and social life at the School. The selection process emphasizes evaluating the applicant as an individual and determining potential contributions to Simon and to the world’s business community. The Admissions Committee looks carefully for predictors of success in both the academic setting and the business world. In selecting students, the committee considers the following criteria: evidence of leadership and initiative, the nature and scope of prior work experience, teamwork and communication skills, undergraduate grade-point average, GMAT or GRE score, recommendations and the applicant’s career focus. The applicant is encouraged to prepare a careful and thoughtful application.
Applications must be complete before being considered by the Admissions Committee.
A complete application consists of the following:
- the online application form, including essays;
- an uploaded, scanned, official transcript from each college attended (undergraduate and graduate);
- at least one and no more than two online letters of recommendation;
- a non-refundable application fee;
- a current résumé;
- Uploaded scanned official scores reported from the Graduate Management Admission Test (GMAT) or Graduate Record Exam (GRE);
- Uploaded scanned Test of English as a Foreign Language (TOEFL) or IELTS for international applicants who are non-native English speakers (see details in the Online Application available through our Website)
MBA or MS applicants are expected to apply online through our website at simon.rochester.edu/applynow. Additional details on the admissions process and requirements are available by reviewing the application.
The Admissions Committee may request an interview with prospective candidates. Applicants selected for an interview will be notified by the Office of Admissions after a preliminary review of his or her application. The interview is regarded as an important two-way communication channel for both Simon Business School and the applicant. U.S.-based candidates are expected to visit campus for their interviews. A video interview is available for candidates outside of North America.
Prospective MBA and MS students are strongly encouraged to visit Simon. First- and second-year Admissions Ambassadors conduct individual tours of Schlegel and Gleason Halls and the University of Rochester campus. They also escort visitors to classes, treat them to lunch and provide information about the Simon experience from a student perspective. Visits usually include an interview with a member of the Admissions staff. To make the most of your visit, it is recommended that visits be scheduled between Monday and Thursday, when classes are in session. We will make an attempt to accommodate those who request to visit on Friday, provided that sufficient notice is given for this preference. We also encourage candidates to consider a visit during one of our campus visit events. Scheduling priority is given to those candidates who have already submitted an application to the Simon School and who have been invited to interview by the Admissions Committee. However, the Office of Admissions will consider all requests to visit, provided a current résumé and GMAT/GRE/TOEFL/IELTS scores are submitted at the time of the request.
The interactive MBA and MS programs in Rochester rely on the breadth of experience of its students. The international student population adds an especially valuable dimension to discussions on current business practices in a global marketplace. Applicants from outside the U.S. are expected to be comfortable with conversational English since active participation both in and out of the classroom is integral to success at Simon.
Students may petition to receive transfer credit for graduate courses taken at other universities within five years of the date of matriculation to Simon. A maximum of three courses (nine credit hours) may be transferred to the MBA program. A maximum of two courses (six credit hours) may be transferred to an MS program. Students taking approved courses for transfer credit to Simon must earn a grade of ‘B’ or better in those courses. Requests for transfer of course credit are made by submitting a petition for transfer credit to the associate dean for MBA programs. Only petitions from students already matriculated into a program will be considered. Course descriptions and syllabi must be submitted as part of the request. Because of the integrated nature of the cohort system, no transfer credit is granted for core courses for full-time students. Part-time students, however, may petition for the transfer of core courses. Grades for transferred courses are not calculated into a student’s cumulative GPA. There is a $600 course-transfer fee for each course taken outside the University of Rochester and transferred for credit to the Simon Business School. An official transcript is required for credit to be awarded.
Tuition and fees for the 2017-2018 academic year is based upon the program that a student chooses to attend. Please refer to the Bursar office website for more information.
Merit-Based Financial Aid
The Simon School assists qualified full-time students in financing their management education and has been relatively generous in awarding merit-based scholarships to those who show promise of achieving excellence at the School and in their careers. In awarding merit-based aid, primary emphasis is given to academic excellence, professional development and demonstrated qualities of leadership.
These awards are renewed in the second year, provided first-year academic performance has been satisfactory. Consideration for Simon School merit-based financial aid does not require a separate application.
Financial aid for international students is available, but competitive and candidates must consider the costs of financing academic study in the United States. International students are also encouraged to investigate funding sources in their home countries as early as possible.
The University of Rochester administers the full range of federal and private financial aid programs. International students may borrow, provided they have a co-signer who is a citizen or permanent resident of the United States.
To apply for student loans, students should submit a Free Application for Federal Student Aid (FAFSA). To receive a timely response, a completed FAFSA should be on file in the University of Rochester Financial Aid Office at least 12 weeks prior to the start of the quarter in which a student intends to enroll. The University of Rochester requires parental information of dependent students only.
Simon also offers an International Student Loan Program to eligible Full-Time MBA students that does not require a US co-signer. Contact the Simon MBA Admissions office for more details.
For further information on student loans, please contact:
University Financial Aid Office
University of Rochester
Rochester, N.Y. 14627-0261
(800) 881-8234 (toll free within the U.S.)
International Financial Aid Opportunities
The organizations listed below offer financial assistance to international students.
American Association of University Women (AAUW) International Fellowships
AAUW Educational Foundation
1111 Sixteenth Street, NW
Washington, D.C. 20036
Edmund S. Muskie/FSA Graduate Fellowship
American Councils ACTR/ACCELS
1776 Massachusetts Avenue, NW,
Washington, D.C. 20036
Contact: Andrew Segars