Founded in 1917, the Olin Business School is one of the seven academic schools at Washington University, in St. Louis. Because of the small class size of the Olin MBA Program, students develop enduring relationships with people invested in their success – peers, faculty members, staff, and alumni. The Olin MBA Program also has a strong focus experiential learning with options such as team-based consulting projects.
If the Washington University Olin School of Business is one of your target business schools, this article will help in learning more about the class profile and employment report of the Olin MBA Program.
Here is a brief outline of the article:
- Trivia about Washington University Olin Business School
- General information about Olin Business School
- Olin Business School: Class Profile, Cost of Attendance, Median Salary
- Olin MBA Program: Incoming Class Profile 2020
- Washington University Olin Business School: 2019-2020 MBA Application Deadlines
- Washington University Olin: MBA Employment and Salaries
- Major employers hiring from the Olin MBA Program
- Washington University Olin Business School: Notable Alumni
- Other MBA programs you should consider
Trivia About Washington University Olin Business School
- In 1988, Olin Business School was renamed in the name of entrepreneur John M. Olin.
- The Olin Business School comprises 80,000 sq ft (7,400 m2) Simon Hall, which was constructed in 1986 and was largely funded as a gift from John E. Simon.
- Knight and Bauer Halls, were constructed in 2014, which was largely funded as gifts from Charles F. and Joanne Knight and George and Carol Bauer.
- At Olin Business School, MBA students can specialize in any of the following concentrations – Consulting & General Management; Corporate Finance & Investments; Marketing; Entrepreneurship; and Operations & Supply Chain Management.
- Leaders from top institutions including National Council members, business leaders, and alumni share their wisdom, expertise, and advice to students at Olin Business School.
- Olin is one of the nation’s top leading research-oriented business schools, having a partner network on campus, in the St. Louis community, and around the world.
- The Olin business school of Washington University, irrespective of its small size, allows students for in-depth interaction, participation, and program customization to foster key relationships resulting in endless opportunities for endless achievements in their career.
General information about the Olin Business School
Location: St. Louis, United States
Dean: James G. Ellis
Admissions Office – Olin Business School, Snow Way, 1 Brookings Drive, St. Louis, 63130, United States
Phone: (314) 935-7301
Toll-free: (888) 622-5115
Fax: (314) 935-4464
email: OlinGradAdmissions@wustl.edu
Social media – Facebook, Twitter, Instagram, LinkedIn
Olin Business School MBA Program – Class profile, Cost of Attendance, Median Salary
With a median GMAT score of 700 and a class size of 135, the Olin MBA program is competitive yet friendly and intimate. Many students have mentioned the mid-western culture make the MBA program that much more enjoyable. Following are some statistics related to the 2020 class of the Full-Time Olin MBA Program
| S. No. | Olin Business School | Numbers |
| 1 | Average GMAT | 693 |
| 2 | Median GMAT | 700 |
| 3 | Average GPA | 3.47 |
| 4 | Class Size | 135 |
| 5 | Tuition Cost (first year) | $ 59,950 |
| 6 | Average Age | 28 |
| 7 | Average Base Salary | $ 108,000 |
Olin MBA Program: Incoming Class Profile 2020
In the last year, Olin received 1115 applications, out of which 372 were accepted. Find the detailed statistics on MBA incoming class of 2018 here:
| S. No. | Title | Number |
| 1 | Applications received | 1115 |
| 2 | Accepted | 372 |
| 3 | Undergraduate GPA | 3.47 |
| 4 | Average Work Experience | 4.1 years |
| 5 | Average age | 28 |
| 6 | % of women in the class | 42% |
| 7 | % of international citizens | 31% |
Olin Business School: 2019-2020 MBA Application Deadlines
The small and intimate nature of the Olin’s School of Business makes the admission process highly competitive. Thus it is recommended to applying either before the Round 1 deadline or Round 2 deadline. Check the deadlines before you miss the chance to get enrolled:
| Decision Round | Deadline | Notification (on or before) |
| Round 1 | October 10, 2019 | December 17, 2019 |
| Round 2 (priority deadline for intl. applicants) | January 15, 2020 | March 10, 2020 |
| Round 3 | March 18, 2020 | April 28, 2020 |
Olin Business School: MBA Employment Report and Salaries
A majority of Olin’s MBA graduates chose employment in the Financial Services, Pharma/Biotech/Healthcare products and consulting industries. The average base salary for Olin graduates starts at $107,592, with an average signing bonus of $15,000. Presented below is a detailed look at the employment statistics by industry, function, and region.
Olin MBA Program – Employment by industry
| Industry | Percentage | Average | Median | High–Low |
| Financial Services | 22% | $104,500 | $100,000 | $130,700–75,000 |
| Pharma/Biotech/Healthcare Products | 20% | $107,400 | $110,000 | $150,000–65,000 |
| Consulting | 15% | $121,100 | $140,000 | $150,000–65,000 |
| Consumer Products | 10% | $101,600 | $103,200 | $115,000–75,000 |
| Manufacturing | 12% | $105,100 | $108,000 | $130,000–85,000 |
| Technology | 8% | $114,200 | $105,000 | $150,000–85,000 |
| Retail | 5% | $115,000 | $115,000 | $115,000–115,000 |
| Transportation & Logistics Services | 2% | NA | NA | NA |
| Petroleum/Energy | 2% | NA | NA | NA |
| Real Estate | 1% | NA | NA | NA |
| Media/Entertainment | 1% | NA | NA | NA |
| Nonprofit | 2% | NA | NA | NA |
Olin MBA Program – Employment by Function
A quarter of Olin MBA Graduates chose careers in finance functions, with consulting following a close second (22%).
| Function | Percent | Average | Median | High–Low |
| Finance | 25% | $102,000 | $100,000 | $130,700–36,000 |
| Industry/Corporate Finance | 13% | $97,400 | $100,000 | $130,000–36,000 |
| Commercial Banking | 5% | $111,400 | $110,000 | $130,700–95,000 |
| Venture Capital/Private Equity | 5% | $103,800 | $100,000 | $120,000–95,000 |
| Other | 2% | NA | NA | NA |
| Consulting | 22% | $119,000 | $120,000 | $150,000–65,000 |
| Management Consulting | 12% | $122,600 | $141,000 | $150,000–65,000 |
| Strategic Planning/Internal | 7% | $117,500 | $115,000 | $150,000–95,000 |
| Technology Consulting | 2% | NA | NA | NA |
| Other | 1% | NA | NA | NA |
| Marketing | 22% | $99,100 | $100,000 | $132,200–50,000 |
| Marketing–Brand/Product Mgmt. | 17% | $96,000 | $98,500 | $120,000–50,000 |
| Marketing Research | 2% | NA | NA | NA |
| Buyer/Merchandising | 1% | NA | NA | NA |
| Marketing –Other | 2% | NA | NA | NA |
| General Management | 22% | $110,700 | $110,000 | $150,000–65,000 |
| Rotational Program | 16% | $113,300 | $113,000 | $150,000–75,000 |
| Project Management | 1% | NA | NA | NA |
| Other | 5% | $96,300 | $105,000 | $110,000–65,000 |
| Operations | 6% | $102,500 | $100,000 | $120,000–90,000 |
| Accounting | 1% | NA | NA | NA |
| Management Info Systems | 1% | NA | NA | NA |
| Sales | 1% | NA | NA | NA |
Olin MBA Program – Employment by Location
A majority of Olin MBA graduates are employed in Mid-West of North American sub-regions. Their percentage is 53% with a median salary of $108,000. Check more details in below table:
| Location | Percentage | Median Salary |
| Midwest | 53% | $108,000 |
| Northeast | 8% | $120,000 |
| West | 6% | $110,000 |
| Mid-Atlantic | 8% | $110,000 |
| Southwest | 7% | $112,500 |
| South | 12% | $105,000 |
| Outside of North America | 5% | $84,100 |
| Canada | 1% | NA |
Washington University Olin Business School: Notable Employers
Almost all top companies visit regularly to hire students from Olin Business School. Companies who visited in 2018 are listed here:
- .406 Ventures
- 3DEO, Inc.
- 3M Company
- Accenture
- Advantage Capital Partners
- Alpha ORI Technologies
- American Airlines, Inc.
- ASICS Corporation
- AT&T Inc.
- Bank of America Corporation
- Capital One Financial
- Centene Corporation
- CGN Global
- Cigna Corporation
- Citigroup Inc.
- CitiMortgage, Inc.
- Cognizant Technology
- Danaher Corporation
- Danone
- Deloitte
- Exxon Mobil Corporation
- FedEx
- First Data Corporation
- Kraft Foods Group Inc.
- L.E.K. Consulting
- Lewis & Clark Capital
- Lumeris, Inc.
- Mastercard
- Micron Technology, Inc.
- Microsoft Corporation
- Monsanto Company
- Navigant Consulting, Inc.
- Nestlé Purina PetCare Co.
- Nestlé USA, Inc.
- Pacific Gas & Electric Company
- PepsiCo, Inc.
- PetSmart, Inc.
- Roche Holding AG
- The Hershey Company
- Thermo Fisher Scientific, Inc.
- Wal-Mart Stores, Inc.
- Whirlpool Corporation
- Yum! Brands
Olin School of Business: Notable Alumni
Olin’s global alumni community includes thousands of members across the countries. A few notable alumni of the Olin School of Business are listed below:
- John H. Biggs (former CEO of TIAA-CREF)
- William H. Danforth (founder of Ralston Purina)
- Arnold Donald (founder and former CEO of Merisant)
- Steve Fossett (options trader, balloonist, and adventurer)
- Sam Fox (founder, chairman, CEO, and owner of Harbour Group Industries)
- Avram Glazer (president and CEO of the Zapata Corporation and joint chairman of Manchester United)
- Edward Mueller (president and CEO of Qwest Communications)
- George Zimmer (founder of Men’s Wearhouse)
- Charles Nagel (United States Secretary of Commerce and Labor; founder of the U.S. Chamber of Commerce)
- David Peacock (president of Anheuser-Busch)
- William Shaw (president and COO of Marriott International Inc.)
- Louis B. Susman (vice-chairman of Citigroup Global Markets)
- Jack C. Taylor (founder of Enterprise Rent-A-Car; no. 14 on Forbes 400 Richest Americans in 2006)
- Jim Weddle (managing partner at Edward Jones Investments)
- John B. Whyte (Developer of Fire Island Pines, New York)
Other MBA programs you should consider
Below are a few other MBA Programs that are a close match to Washington University Olin Business School. We have listed the programs by stretch, match, and safety. Note that these options are presented on the basis of the schools’ brand image and ranking status as a general yardstick.
Stretch Schools: Indiana Kelley, USC Marshall, Georgetown McDonough
Match Schools: University of Notre Dame (Mendoza), Vanderbilt Owen, Michigan State (Broad)
Safety Schools: Purdue (Krannert), Ohio (Fisher)
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