Transitioning from the military to MBA is a fairly popular path to follow. A little over 4% of MBA applications come from military veterans. When looking at the data comparing military applicants to traditional MBA applicants, a few trends become clear:
Military / Veteran applicants tend to be a year or two older.
Scores for military applicants are a little lower on average, about 15 points on the GMAT and about .15 for GPA
Military applicants on average have another year or two of work experience
Military MBA acceptance rate is about 50% higher than the acceptance rate for traditional applicants
Some schools have a very large advantage for military applicants while others have little to no advantage
Deciding when to start applying to business school can be a challenge. Salary increases dramatically after an MBA, but schools tend to prefer applicants with more work experience. I looked at the top 25 US MBA programs’ admission data to find the best schools for young MBA applicants in terms of chance of being admitted. I analyzed the MBA acceptance rate by age to see which schools had the smallest disadvantage for younger applicants relative to traditionally aged MBA applicants. Continue reading →