What Is the Marriott School of Business?
The Marriott School of Business offers undergraduate and graduate business degrees at Brigham Young University in Provo, Utah. The school's Master of Business Administration (MBA) program is known for its affordability, especially for members of the Church of Jesus Christ of Latter-day Saints, who pay lower tuition and fees than non-members. The school is ranked highly in the United States by leading publications.
Key Takeaways
- The Marriott School of Business is located at Brigham Young University.
- The MBA program offers reduced tuition and fees to members of the Church of Jesus Christ of Latter-day Saints.
- The Marriott School of Business is ranked highly in the U.S.
Understanding the Marriott School of Business
The Commercial School was founded at Brigham Young University in 1903, when it was then Brigham Young Academy. In 1988, the university renamed its management school to the Marriott School of Management following a $15 million donation from the J. Willard Marriott Foundation. J. Willard and Alice Marriott were Utah natives and turned a nine-seat root beer stand into a hotel empire that bore their name. In 2017, the school of management was renamed the BYU Marriott School of Business. The school is part of Brigham Young University, a private institution owned by the Church of Jesus Christ of Latter-day Saints, and is housed at the Tanner Building on campus.
Undergraduate degree programs cover traditional business school subjects such as accounting, finance, management, human resources, marketing, and information systems. The school offers several graduate-level programs, including a full-time MBA and an executive MBA for part-time students who continue working in their careers.
The school also operates three research centers focusing on entrepreneurship and technology, international business, and social enterprises.It also emphasizes the importance of moral conduct and leadership and incorporates courses on business ethics into its curriculum.
Approximately 2,100 undergraduate and 1,200 graduate students attend the business school each year. Eight percent of enrollees are international students. The school has 137 full-time faculty and about 200 adjunct, part-time, visiting, and other teaching faculty. The school has more than 55,000 alumni. Roughly 1,000 alumni mentor enrolled students through the school's mentorship program each year.
Special Considerations
The MBA program at the Marriott School of Business ranks among the best in the U.S. It is also affordable. For the 2020-2021 academic year, members of the Church of Jesus Christ of Latter-day Saints pay $13,450 for two semesters of tuition. The cost is $26,900 for non-church members.
Tuition and fees for an MBA program at public school costs an average of $9,390 annually. At private nonprofit schools the cost is $20,210 annually.
In 2019, popular business school ranking website Poets & Quants rated BYU Marriott as the second most affordable MBA in the U.S. The Financial Times also recognized the school for its affordability, ranking it No. 5 under "value for money" in 2020.
Incoming MBA students may qualify for scholarships, grants, student loans, and other financial aid. About 60% of students are awarded scholarship support.