Questrom School Of Business, Boston Courses, Fees, Ranking, & Admission Criteria

Questrom School of Business: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

Boston, MassachusettsLocation
SchoolSchool type
Estd1905established year
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Content Curator | Updated on - Sep 7, 2024

The Questrom School of Business is a business institute under the Boston University established in 1913 as the Boston University School of Management and renamed to Questrom later. QSB is ranked at the #64 position in the latest LinkedIn Global Top MBA ranking 2024. It offers 16 ranging undergraduate and graduate degrees to its candidates from across the globe. The university hosts a total of 255 full-time and 200 part-time faculty members along with over 1700 undergraduate and 80 graduate students. The Poets & Quants has ranked the school at 27 for Top 97 Undergraduate Business Programs.

Admissions at Questrom School of Business are available in several intakes around the year and observes a regular application deadline of January 6. All the applicants of the institute must deposit a non refundable fee of 65 and 125 USD for undergraduate and graduate admissions, respectively. With an acceptance rate of nearly 51%, the school falls in the category of moderately selective organizations for studying in the USA.

The School has 30% international students and 92% of the full-time MBA graduates (2019) who earn a basic salary of 99,955 USD. During COVID-19 the standardized tests are made optional and the school is accepting virtual TOEFL test scores, whereas, the interviews wherever needed are also conducted virtually.

Questrom School of Business Rankings

The school is a reputed organization in the US Education System that features in top 50 business schools worldwide among B-school listings.

US News (2021)

  • Ranked 48 for Best Business Schools.
  • Ranked 43 for Part-time MBA.
  • Ranked 4 in Project Management.

QS Rankings (2021)

  • Ranked 39 for Masters in Finance for World University Rankings with an overall score of 48.4.
  • Ranked 41 for Masters in Management for World University Rankings with an overall score of 52.8.

NICHE (2021)

  • Ranked 9 out of 790 Best Colleges for Education in America.
  • Ranked 11 out of 132 for Best Colleges in America.
  • Ranked 23 out of 1692 for Most Liberal Colleges in America.
  • Ranked 28 out of 1583 for Most Diverse Colleges in America.

Highlights

Type of School Private, AACSB-approved
Faculty Members 250+
International student percentage 30%
Number of Undergraduate Seats 1750
Number of Postgraduate Seats 900
Percentage of International Students 33
Undergraduate International Students- Basic tuition fees USD 56412 per annum
Graduate International Students- Basic tuition fees USD 56412 per annum
Test Scores Accepted GMAT 690
English language proficiency score TOEFL or equivalent
Financial Aid Available as grants, awards and scholarships
Website www.bu.edu/questrom

Questrom School of Business Campus

  • The business school is a part of Boston University Campus which is over 135 acres in area.
  • The campus jointly hosts over 500 student clubs and organizations for all students to participate in.
  • There are shows and lectures, state of the art, fitness centre, pubs and restaurants, Terrier ice hockey etc. also present inside the campus.
  • The campus accommodates students of diverse cultures and languages and religions.
  • The institute houses a renowned building namely Rafik B. Hariri Building the at comprises some 40 classrooms, a nearly 400 seat lecture hall, various computer labs and the popular Frederick S. Pardee Management Library.

Housing Facilities by Questrom School of Business

  • The institute guarantees accommodation to all first-year students in undergraduate courses. This has to be communicated while filling the application.
  • Around 76% of the undergraduate population lives on campus
  • In the USA, the Boston University housing system is ranked at the second largest of any private university.
  • Students can opt to choose a variety of options for housing. These include large traditional style housing, small traditional housing, apartment style and student village.
  • Students can also choose different meal plans ranging from unlimited dining to 11 meals per week to 330 meals per year. Prices vary from USD 1530 to USD 5990.

Questrom School of Business Courses

  • The Questrom School of Business provides over 16 programs at various levels namely Undergraduate, postgraduate and doctoral.
  • The Business School offers an undergraduate program as a Bachelor of Science degree in Business Administration in over 11 concentrations namely Accounting, Entrepreneurship, Information Systems, Finance, Marketing, Operations and Technology Management, Entrepreneurship, General Management, International Management, Organization Behavior, Business Law and Business Analytics and Strategy.
  • The School has a full-time, Part-time, and online MBA, MS in Digital Innovation combined with an MBA, MS in Mathematical Finance and Management Studies ass the most popular postgraduate courses. Social Impact and Health Sector Management are also offered as MBA concentration courses.
  • The doctoral degrees are offered in Management and Mathematical Finance.
  • Some of the popular programs of the school as tabulated below:

Program

Cost of Attendance

Requirements

Deadline

Full Time MBA

81,143

Academic Transcripts, GMAT/GRE, IELTS/TOEFL Scores, 3 Video or 1 Written Essays, LOR, CV

March 17, 2021

Part Time MBA

29,426

Academic Transcripts, GMAT/GRE optional, IELTS/TOEFL Scores, 3 Virtual Interview, Video/Written Essay, LOR, CV

May 05,2021

MS Management Studies

81,143

Academic Transcripts, GMAT/GRE, IELTS/TOEFL Scores, Video and Written Essays, 2 LORs, CV

April 07,2021

MS Business Analytics

105,559

Academic Transcripts, GMAT/GRE, IELTS/TOEFL Scores, Video and Written Essays, 2 LORs, CV

April 28,2021

Questrom School of Business Application Process

How to apply?

Application Portal: Application can be done to the business school through the online portal present at the official website of the university.

Application Fee: The application fee for this university is USD 65 for UG programs and USD 125 for PG programs.

Application deadline: Deadlines vary as per the programs opted by the applicants. Regular applications are January 6.

Basic Admission Requirements

  • Official transcripts
  • GMAT/GRE scores
  • Three video or a written essay
  • Two references are required for graduate programs
  • English Requirements : TOEFL- 600 (PBT), 90(IBT) or IELTS -6.5
  • F-1 Student Visa, Passport
  • Complete visa application
  • Passport size photographs
  • I-20 form issued by university
  • Acceptance Letter
  • Health Examination Form
  • Family Income

Questrom School of Business Cost of Attendance

For all the prospective students of th ensure, an estimated budget for international students in the US has been tabulated below.

Tuition Fee

Tuition fee for some of the popular courses at the institute are as follows:

Category Fees (in USD)
Undergraduate courses 56854
Masters of Business Administration 55480
Management Studies 58254
M.Sc. in Management Studies 54720
Average Cost of Attendance 55480

Cost of Living

Other expenses to be considered apart from basic tuition are as compiled below.

Category Fees (in USD)
University Fees 962
Health Insurance 2466
Room & Board 14590
Books & Supplies 1574
Incidentals 4374
Meals 5,000
Transportation 2,500

Scholarships by Questrom School of Business

The international students of the institute are eligible for various awards and merit scholarships for international students to study in the USA. These are available to highly qualified students and are decided by the School.

Some of the studentships that a student can vaila are as listed below.

  • Dean's Scholarship: Dean’s Scholarship program provides awards ranging from 10,000 USD to full tuition for candidates with outstanding performance
  • Social Impact Scholarship: This program provides awards ranging from 10,000 USD to full tuition per year to admitted students of the Social Impact MBA program.
  • City Year Scholarship: USD 15000
  • Education Pioneers Scholarship: USD 10000
  • MBA + MSDT Summer Scholarship: Available to outstanding MBA+ MSDT candidates, this program provides supplemental support for the added tuition costs associated with obtaining this joint degree. Awards range from 5,000 to 10,000 USD. This award is only applicable to the summer semester of the MBA+ MSDT program.
  • Funed Scholarship for Mexican Nationals: USD 40000

Work while you study

  • At Boston University you need to complete I-9 to work on or off-campus.
  • The applicant must maintain valid F-1 status
  • A student can work up to 20 hours per week while school is in session.
  • Students can work full-time on campus during holidays and vacation periods if you intend to register for the next academic semester.
  • The employment may not displace (take a job away from) a U.S. resident

Rate of Pay: Usually international students are paid USD 7 to USD 15 per hour depending on the work.

Alumni Network

  • Alumni events, Alumni Picnic, Weekends are held throughout the year for all alumni of the university.
  • Notable Alumni include Analjit Singh Founder and Chairman of Emeritus, Keith Alexander Director, Jerald Fishman CEO of Analog Devices, Vincent Larusso Actor, Tom Magliozzi Host of Car Talk, etc.

Questrom School of Business Placements

About 90 % of the students are accepted in an Internship Offer. Job Fair and On-Campus recruitment are held for placements in the college. Nealry 92% of the Students seeking employment get placed within 3 months of graduation. The full-time MBA class of 2020 has 85% of the student getting employment within 3 months of graduation and 68% of the students accepted the internship offer. The average salary of domestic students is recorded at 109,508 USD and 97,770 USD for the international students prior to the bonus addition.

Top Industries are Health Sector 27%, Technology 19%, Consulting Services 11% Financial Services 11%, etc. Top Employers include Bevi, Biogen, Bloomberg, Boston Public School, Google, Home Depot, Citizens Bank, eBay, etc.

Some of the average salaries earned by the alumni of the school are as follows:

Program Average Salary (USD)
Masters of Management 146,000
Executive MBA 137,000
MBA 128,000
Bachelor Management 114,000

The school’s career development center provides advising and helps to seek the employment to the students. It works towards counseling and advising students in the areas of finding internships and jobs, providing career guidance, searching higher education resources, and connecting them to prospective employers and job resources.

The center provides experiential learning opportunities and also conducts various workshops on topics like safe job hunting, Interview preparation techniques, Resume writing workshops etc. to enhance employability skills. The center has subscribed to the portal “ handshake” where employers and students are able to meet one another at the same platform and are mutually benefitted.

Questrom School of Business Program Fees & Deadlines

ProgramImportant DatesFeesExams Score
Application Deadline For Fall Term 2 Intake (1st Oct 2024)
Application Deadline For Spring Term 2 Intake (15th Feb 2025)
INR 53.6 L/Yr
USD 63,798 /Yr
  • TOEFL: 90
  • IELTS: 7
  • Duolingo: 130
Application Deadline For Fall Term 2 Intake (1st Oct 2024)
Application Deadline For Spring Term 2 Intake (15th Feb 2025)
INR 53.6 L/Yr
USD 63,798 /Yr
  • TOEFL: 90
  • IELTS: 6.5
  • Duolingo: 120
M.B.A
2 years
Application Deadline For Fall 2025 Intake Round 1 (18th Oct 2024)
Application Deadline For Fall 2025 Intake Round 2 (18th Dec 2024)
INR 57.1 L/Yr
USD 67,976 /Yr
  • GRE: 304
  • GMAT: 640
  • TOEFL: 90
  • IELTS: 6.5
  • Duolingo: 110
fall (25th Oct 2024)
fall (1st Dec 2024)
fall (31st Jan 2025)
INR 28.9 L/Yr
USD 34,441 /Yr
  • TOEFL: 100
  • IELTS: 6.5
  • GRE: 312
Application Deadline For Fall Term 2 Intake (1st Oct 2024)
Application Deadline For Spring Term 2 Intake (15th Feb 2025)
INR 53.6 L/Yr
USD 63,798 /Yr
  • TOEFL: 90
  • IELTS: 7
  • Duolingo: 130
Application Deadline For Fall Term 2 Intake (1st Oct 2024)
Application Deadline For Spring Term 2 Intake (15th Feb 2025)
INR 56.9 L/Yr
USD 67,776 /Yr
  • TOEFL: 84
  • IELTS: 7
  • GRE: 298

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2 years
On Campus
English
Full Time
Ranked #39 out of 315 by QS Global Ranking 2024
Exam Scores: GRE304|GMAT640|TOEFL90|IELTS6.5|Duolingo110
Degrees Available: M.B.A/M.A|M.B.A/M.S
Important Date: 18 Oct, 2024
INR 57.1 L/YrUSD 67,976 /Yr

Master of Science [M.S] Business Analytics

16 months
On Campus
English
Full Time
Ranked #39 out of 315 by QS Global Ranking 2024
Exam Scores: TOEFL100|IELTS6.5|GRE312
Important Date: 25 Oct, 2024
INR 28.9 L/YrUSD 34,441 /Yr
9 months
On Campus
English
Full Time
Ranked #39 out of 315 by QS Global Ranking 2024
Exam Scores: TOEFL84|IELTS7|GRE298
Important Date: 01 Oct, 2024
INR 56.9 L/YrUSD 67,776 /Yr

Master of Science [M.S] Mathematical Finance and Financial Technology

1 year
On Campus
English
Full Time
Exam Scores: TOEFL90|IELTS6.5
Important Date: 01 Dec, 2024
INR 56 L/YrUSD 66,670 /Yr
2 years
On Campus, Dual Degree
English
Full Time
Exam Scores: IELTS6.5|TOEFL90|GMAT650
Important Date: 19 Oct, 2024
INR 56 L/YrUSD 66,670 /Yr

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Questrom School of Business Ranking

202420232022202120202019201820172016

QS World University logo
Business 39 out of 315 in Global Ranking
( #21 out of 187 in USA 2024)

US News logo
Business 51 out of 149 in Global Ranking
( #32 out of 135 in USA 2024)

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Questrom School of Business Scholarships


NameScholarship Per StudentLevel of StudyType
QS scholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Richard A. Freund International ScholarshipScholarship per student₹ 4.2 L/Yr$5,000Level Of StudyDoctorateTypeMerit-Based
Jagdish Bhagwati FellowshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific
Microsoft Tuition ScholarshipScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Business Administration ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
University of Utah ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeCollege-Specific

Do you think the Scholarship is wrong ?  Report Here

Questrom School of Business Admissions

Questrom School of Business Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Graduate
GMAT680---

Attendance Cost

₹5,829,717

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Undergraduate Programs
₹5,808,732 / Year
Post Graduate Program
₹5,829,717 / Year

Questrom School of Business Accreditations

Program wise accreditation
Business Programs
Association to Advance Collegiate Schools of Business

Questrom School of Business Campus Location


+1-617-353-9720
Telephone
595 Commonwealth Avenue, Boston, MA 02215
Address

Nearby This Campus

  • Super Market
  • Airport

Super Market

Bodega Shoe Store1.18 km
Trader Joe's1.53 km
Ming's Supermarket2.86 km
C-Mart Supermarket2.87 km
Show More

Airport

Nashua Street Heliport3.37 km
Woburn Airport6.86 km
Boston Logan International Airport7.36 km
Cambridge Airport7.87 km
Show More

● All distance are measured radially. Actual distance may vary

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