MBA Prep Program FAQs
- Can I participate in MBAP if I’m not in NYC?
- How long does the program take?
- What are the costs associated with MBA Prep?
- Where are the seminars held?
- What exactly do I do at these seminars? What are the benefits?
- Do I have to enroll in a GMAT class even if I’m satisfied with my score?
- Does MLT help pay for any GMAT course?
- What if I am accepted to b-school while participating in MBA Prep? Can I still stay in the program?
- What if something comes up, like a family emergency or a job opportunity to good to pass up, while I am enrolled in the program? What are my options?
- When do I get my $300 program deposit back?
- What kind of scholarship connections does MLT offer?
- Can I be a part of MLT although I plan to pursue an executive or part-time MBA?
- Is there a program like MBA Prep that is geared toward law school applications?
Can I participate in MBAP if I’m not in NYC?
Yes, we have participants from all across the country. The majority of the program is conducted remotely; you will have monthly assignments that you submit via email and follow up phone calls with your coach. You will be required to attend three weekend events, hosted a partner business schools around the country, held in spring, summer and fall.
How long does the program take? When would I be going to business school?
MBA Prep runs from Spring to Spring, with a final mandatory seminar in early summer. When planning your path to business school, be sure to factor in MBA Prep approximately 18 months ahead of when you want to start. Our next MBA Prep class will start in March of 2009 and will be eligible to go to business school in the fall of 2010.
What are the costs associated with MBA Prep?
There is a $75 non-refundable application fee. If admitted, you will pay a $300 program deposit which will be refundable upon completion of your contract terms. You will be responsible for transportation costs associated with attending the required three events held throughout the year at partner business schools, but we will cover your hotel and meals on those trips.
Seminar locations vary from year to year, but are typically held Thursday evenings through Sunday afternoons at our partner schools. For example, in 2008 we were at
What exactly do I do at these seminars? What are the benefits?
The seminars are a required part of the MBAP program. It is your exclusive opportunity to network with various Admission Officers from several top business schools. In addition, you are able to interact with your MBAP peers and coaches, attend informative workshops and experience mock interview sessions.
Do I have to enroll in a GMAT class even if I’m satisfied with my score?
If you have a score of 650 or higher, you may submit a request to have the course requirement waived. However, anyone who scores under 650 is expected to enroll.
Does MLT help pay for any GMAT course?
Sometimes we may be able to offer discounts for certain classes (like a $200 discount for Princeton Review) but otherwise we do not provide any financial help.
What if I am accepted to b-school while participating in MBA Prep? Can I still stay in the program?
No. The program is designed for individuals seeking admission into b-school, a goal you will have accomplished. It’s not designed to accommodate people who have already successfully applied.
What if something comes up, like a family emergency or a job opportunity to good to pass up, while I am enrolled in the program? What are my options?
In most cases, you may voluntarily withdraw from the program, forfeiting your program deposit. Depending on the circumstances, you may be able to defer participation until the following year. Deferral is at the discretion of your coach and the Program Director.
When do I get my $300 program deposit back?
If you complete the entire program and fulfill the terms of your program contract, then you are eligible to receive your deposit back. You will also have the option of donating your deposit to MLT.
What kind of scholarship connections does MLT offer?
MBAP participants are highly encouraged to apply to scholarships with Consortium schools, National Black, NSHMBA, Toigo, and other similar organizations. We also try to have scholarship information sessions during our seminars.
Can I be a part of MLT although I plan to pursue an executive or part-time MBA?
You can, but keep in mind that the curriculum we’ve designed is geared toward those looking at a full time MBA program and may not be relevant to part-time programs.
Is there a program like MBA Prep that is geared toward law school applications?
MBA Prep is specifically designed to help candidates get into business school. If you're looking for a similar program for law school, you may want to explore the UCLA Law Fellows Program. Also visit the Law School Admission Council website for additional resources regarding law school admissions.
