Wake Forest University
Schools of Business
Business School
Institution Control: Private- AACSB Accreditation: Business and Accounting
- Academic Year: Semester
- Full-Time Faculty: 63
Business Programs
Business Degrees & Concentrations: Accounting, Agribusiness, Economics, Entrepreneurship, Finance, General Business, Healthcare Administration, Hospitality Management, Human Resources, Information Systems, Insurance, International Business, Management, Marketing, Operations Management, Organizational Behavior, Quantitative Methods, Real Estate, Science and Technology, Sports Management, Statistics and Taxation- Offered As: 1-Year, Campus, Evenings, Full-Time, Online, Partnership and Weekends
Undergraduate School of Business
Undergrad Degrees Conferred: 259- In-State Tuition: $56,722
MBA Program Ranking(s)
Ranked by: MBAGuideMBA Tuition & Fees
In-State Tuition: $79,975Enrollment
Full-time, All: 1,440Average GMAT Score
Average GMAT MBA: 590Student / Faculty Ratio
Institution: 11:1Average Starting Salary
Graduate Salary*: $77,800Award Levels
Award Levels Offered: Dual-MBA, Masters in Business, Masters Specialist and UndergraduateSocial Links
Facebook, Linkedin and TwitterGMAT Requirements
GMAT Required* (yes, no, optional, recommended): YesMBAGuide Rankings
Program Rankings:
Earn your MBA from one of the nation’s leading universities—on your schedule, from virtually anywhere. Our 100% online MBA empowers working professionals to become purpose-driven leaders who are ready to drive change, solve complex challenges, and make an impact in a global economy.
Make Connections that Matter: At Wake Forest, an MBA is about more than a degree—it’s about a community. Join our esteemed worldwide network of students, faculty, and over 80,000 alumni.
Gain In-Demand Skills: The online MBA program bridges strategy, finance, operations, marketing, management, and IT, with a pool of electives that lets you customize your degree to fit your career plans.
With an online MBA from Wake Forest University, you’ll gain the leadership, analytical, and technical expertise you can use to accelerate your career growth. You could position yourself for a promotion, increased compensation, and greater responsibilities—even while still in the program.
Enjoy 100% Online Flexibility
Study on your time while balancing your career and life responsibilities. Earn a respected degree from anywhere—no relocation required.
Make Your MBA Fit Your Life
Choose from 3 convenient start dates per year and begin when it fits your schedule, goals, and needs. Complete your MBA in just over 2 years with short, 7-week semesters.
Join the Wake Forest Community
Become part of an esteemed, interconnected global network of alumni. Grow your connections, enhance your career outlook, and make lasting relationships.
Awards
#28 In the U.S.
Earn your MBA at a school that’s been ranked in the top 30 for 25 years in a row.
#24 Best Value
Enjoy the highest academic quality, made affordable for working adults.
Master the Skills that Employers Rank Highest
Driven by market needs, the Wake Forest MBA helps you gain the expertise that matters most. Become a well-rounded leader who can make analytical decisions, drive innovation, and inspire progress and growth. The courses deliver a powerful blend of in-demand skills:
PRACTICAL
technology, business analytics, project management, operations, marketing, finance/economics
SOFT SKILLS
strategic-thinking, communication, teamwork, resilience, problem-solving, interpersonal
LEADERSHIP
managing strategy and innovation, decision-making, motivation and influence, ethics, globalism, inspiring and managing talent
Concentrations
Choose an optional concentration to develop specialized expertise in one of three high-demand areas. You can also pick electives from across the concentrations to build a plan of study that targets your individual goals.
Business Analytics
Gain the technical, problem-solving, communication, and managerial expertise to identify data-driven strategies, solve complex challenges, uncover emerging opportunities, and expand your impact. Learn the differences between an MBA with a concentration in business analytics and a master’s in business analytics (MSBA).
Finance
Develop the advanced skills and knowledge to make complicated financial decisions, analyze investments, manage risk, and maximize shareholder value. Learn more about the finance concentration.
Strategy and Leadership
Build the management, strategic decision-making, negotiation, and change management skills to take on top leadership roles with broad scope and responsibility. Learn more about the strategy and leadership concentration.
Learn From Expert, Market-Connected MBA Faculty
Wake Forest online MBA faculty members are dedicated teacher-scholars who understand what it takes to succeed in the business world.
Focused on Applicable Skills
Faculty infuse real-world scenarios and practical learning applications to deliver dynamic, engaging courses with actionable outcomes.
Experienced in the Field
As professors of practice, our faculty have led prominent companies, started their own successful businesses, and consulted for leading organizations around the world.
Committed to Excellence
Our professors are at the center of Wake Forest University’s commitment to teaching excellence. They are active in publishing and research, keeping you at the forefront of industry trends and developments.
Admissions Requirements:
- Bachelor’s degree from an accredited college or university
- Preference given to candidates with at least two years of postgraduate work experience prior to the program start date (exceptions made for those with nontraditional experience)
- Full-time employment (candidates not employed full time may receive approval)
Program Length: Just over 2 years
Tuition: $69,975
Total Program Credits: 45
Core MBA Course Credits: 36
- Diverse Teams
- Purpose and Ethics in Business
- Financial Management
- Information Technology Management
- Behavior and Leadership in Organizations
- Financial Accounting
- Business Analytics I
- Business Analytics II
- Managerial Accounting
- Introduction to Strategy
- Business Law
- Managerial Economics
- Global Strategic Management
- Marketing Management
- Operations Management
Concentration or Elective Credits: 9
Choose a concentration or select electives from any of the following areas to build a plan of study that targets your individual goals.
Business Analytics
- Data Management
- Analytics Software Technology
- Visual Analytics and Influencing
Finance
- Financial Modeling and Forecasting
- Advanced Financial Management
- Tactical Asset Allocation and Portfolio Management
Strategy and Leadership
- The Influential Leader
- Contemporary Issues in Leadership
- Mastering Strategy Execution
Graduate Outcomes
According to a global survey by the GMAC:
- 2 out of 3 MBA graduates say they earned more promotions than their peers without an MBA.4
- 87% of graduate business school alumni gained skills that advanced their career.5
What Are the Types of Federal and Private Funding for a Wake Forest MBA?
Federal Direct Unsubsidized Loans
Federal Direct Unsubsidized Loans are guaranteed government loans available to all U.S. citizens and legal residents. A completed Free Application for Federal Student Aid (FAFSA) form is required to determine eligibility. See studentaid.ed.gov for additional information, including current interest rates and origination fees.
Federal Direct Graduate Plus Loans
Graduate and professional students have an additional, affordable option for funding their education with the Graduate PLUS Loan, which is guaranteed by the federal government and has a fixed interest rate. An eligible student can borrow up to the cost of attendance minus any other aid received. A completed FAFSA is required to determine eligibility. See studentaid.gov for information.
Private Educational Loans
Private loans are another form of financial assistance for your business master’s degree. It is usually advantageous for students to pursue Federal Direct Unsubsidized Loans and Federal Direct Graduate PLUS Loans before seeking private loans. Visit www.elmselect.com to view the list of available lenders (if you wish to use another lender that is not on this list, you have the right to do so.)
Veterans Benefits
Wake Forest University is a partner in the Yellow Ribbon Program, sponsored by the United States Department of Veterans Affairs (VA). Eligibility for veterans benefits is assessed by the VA. We advise students to visit the VA website or their local VA office to begin the process for obtaining a Certificate of Eligibility (COE). This COE must be shared with the Financial Aid Office staff so funds can be requested on your behalf. For more information, visit benefits.va.gov/gibill/.
FAQ
Is a GMAT Required?
You are likely eligible to apply without a GMAT or GRE score, if you meet the following two parameters:
- Have 5+ years of full-time professional work experience
- Earned a GPA of 3.0 or higher
All applicants must take either the Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE). You may be eligible for a GMAT/GRE waiver based on years of work experience, advanced degree, undergraduate GPA, or other criteria. For consideration, request a waiver using the optional essay on the application, indicating reasons you feel you would be eligible.
Are Transfer Credits Accepted
The Wake Forest School of Business online MBA program is not eligible for transfer credits.
What are the Student Demographics?
The average class size for the online MBA is 33 students, with an average age of 34.7 years. Classes are generally comprised of approximately 33% female and 67% male students.
Below are the demographics of a typical class:
- Class size: 33
- Female: 33% | Male: 67%
- Age: 34.7
- GPA: 3.03
- Months of work experience: 124
- Universities represented: 116
- States represented: 28
*Source: Wake Forest Online MBA, Fall 2020 to Spring 2022.
How are the Classes Structured?
Each course is seven weeks, and you will take two to three courses each term (there are two terms per semester and seven semesters in total).
How Long Will It Take to Complete My MBA?
You can complete the online MBA program in just over two years. There are 18 total courses in the program for a total of 45 credits. Each course is seven weeks, and you will take two to three courses each term (there are two terms per semester and seven semesters in total).
Compare In-State Tuition
- Wake Forest University's Average In-State Tuition: $79,975
- North Carolina's Average In-State Tuition: $37,844
- National Average In-State Tuition: $43,476
- Online Average In-State Tuition: $38,875
- Find the most affordable online MBA schools.
Compare Average GMAT Scores
- Wake Forest University's Average GMAT: 590
- North Carolina's Average GMAT Scores: 561
- National Average for GMAT Scores: 561
- Online Average for GMAT Scores: 557
- Find the GMAT scores required from similar schools.
Compare Graduate Starting Salaries
- Wake Forest University's Average Graduate Starting Salary: $77,800
- North Carolina's Graduate Starting Salaries: $71,631
- National Average for Graduate Starting Salaries: $81,243
- Online Average for Graduate Starting Salaries: $79,445
- Find the schools with the highest and lowest graduate starting salaries.
Compare ROI for Graduate Students
- Wake Forest University's Average ROI: 49%
- North Carolina's MBA Program ROI: 147%
- National Average for MBA Program ROI: 146%
- Online Average for MBA Program ROI: 153%
- Find the schools with the highest and lowest ROI for graduating MBA students.
North Carolina Schools Offering Online MBA Degrees
- Wake Forest University
- Queens University of Charlotte
- University of North Carolina Wilmington
- North Carolina State University
- North Carolina Central University
- The University of North Carolina at Chapel Hill
- Meredith College
- Fayetteville State University
- East Carolina University
- The University of North Carolina at Pembroke
- Western Carolina University
- Appalachian State University
- University of North Carolina at Charlotte
- The University of North Carolina at Greensboro
- Duke University
- Winston-Salem State University
- North Carolina A&T State University
All North Carolina Schools Offering MBA Degrees
Find the best ranked MBA programs in North Carolina and also find the best best online MBA programs accepting North Carolina students.
- Pfeiffer University at Charlotte
- St. Andrews University
- Wingate University
- Campbell University MBA
- Webb University
- High Point University
- Lenoir-Rhyne University
- Methodist University
- Montreat College
- Wake Forest University
- Queens University of Charlotte
- University of North Carolina Wilmington
- North Carolina State University
- North Carolina Central University
- The University of North Carolina at Chapel Hill
- The University of North Carolina at Asheville
- Meredith College
- Fayetteville State University
- Elon University
- Elizabeth City State University MBA
- East Carolina University
- The University of North Carolina at Pembroke
- Western Carolina University
- Appalachian State University
- University of North Carolina at Charlotte
- The University of North Carolina at Greensboro
- Duke University
- Winston-Salem State University
- North Carolina A&T State University
All North Carolina Cities Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
- Asheville
- Boone
- Chapel Hill
- Charlotte
- Cullowhee
- Durham
- Elizabeth City
- Elon
- Fayetteville
- Greensboro
- Greenville
- Pembroke
- Raleigh
- Wilmington
- Winston-Salem
Wake Forest University Schools of Business Summary
In-state tuition and fees for the MBA program at Schools of Business is $79,975. Of all MBA programs offered in North Carolina, the average cost for in-state tuition and fees is $37,844 a year. The average cost for in-state tuition and fees for an online MBA program is $38,875 a year.
The average GMAT score to enter into Schools of Business is 590 while the average GMAT score to for MBA schools in North Carolina is 561.00, and the average GMAT score to enter into an online GMAT program is 556.69.
After graduating, the school reports that the average graduate salary is $77,800.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 49%
The average in-state tuition you can expect to pay is about $79,975, and the average GMAT score for acceptance in their program is 590.
After graduating, the school reports that the average graduate salary is $77,800. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 49%
Programs are offered as: 1-Year, Campus, Evenings, Full-Time, Online, Partnership and Weekends.
The school is ranked by: Wake Forest University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.