LEVEL YOURSELF UP + ADVANCE ANY CAREER WITH BUSINESS SCHOOL
Considering an MBA to Boost Your Career?
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Go to School Now + Pay Only When Employed!
MentorWorks is changing the game when it comes to education finance and career enhancement tools, providing students with the flexibility to pursue their chosen career path with an ISA which is a flexible, innovative alternative to traditional, private loans.
As part of our innovative “fund and support” model, the MentorWorks Income Share Agreement (ISA) program – issued by Blue Ridge Bank, N.A. – offers ISA financing with career development and professional mentoring, as well as access to employers through our online Talent Accelerator Platform.
To accelerate career paths for individuals interested in business administration, we’ve partnered with Brandeis University, enabling the university to offer ISA financing to complete their programs. Unlike a loan, students do not pay until they find a job and reach the minimum income threshold.
WHAT IS AN ISA?
Income Share Agreements (ISAs) are a flexible alternative to traditional, private loans. Basically, students pay an affordable percentage of their future income for a set period of time, up to a maximum cap, without accruing interest. Unlike a loan, students do not pay until they find a job and reach the minimum income threshold. The payments adjust according to the level of the student’s income – providing downside protections for the student. ISAs may be issued by Blue Ridge Bank, N.A.
HOW PAYMENT WORKS
- Students do not pay until they find a job and reach the minimum income threshold
- The payments adjust according to levels of the student’s income
- Monthly payments are calculated by applying the income share rate to the total monthly earned income
- ISA obligations can be ended earlier by making early payments as listed in the early payment schedule
ISA vs. STUDENT LOAN COMPARISON
|Income Share Agreements VS. PLUS/Private Loans|
|Interest does not accrue or capitalize.||Interest accrues and capitalizes.|
|Your credit score does not affect the terms of your ISA.||Your credit score may affect the terms of your loan and could impact your eligibility.|
|Monthly payments are based on a percentage of your income.||You pay a fixed amount each month, regardless of your income.|
|Payments don’t start until you make above the minimum salary level in your ISA contract.||You make payments, even if you are not making an income.|
|You only make ISA payments within a specific timeframe, usually 5-7 years. After that your obligation is over.||Loan payment term can extend indefinitely until you pay off the principal and interest.|
|You know the maximum amount you’ll pay, no matter what.||Interest is capitalized, so the final payoff amount can increase over the life of the loan if you do not make minimum monthly payments.|
The International Business School offers five traditional graduate programs and two accelerated graduate programs. These programs have been ranked among the best in the world by The Princeton Review, CNN Expansión, the Financial Times, TFE Times and eFinancialCareers. Most program offerings include a STEM designation which enables international students to continue practical training in the U.S. after graduation.
By teaching rigorous business, finance and economics, connecting students to best practices and immersing them in international experiences, Brandeis International Business School prepares exceptional individuals from around the globe to become principled professionals in companies and public institutions worldwide.
Brandeis International Business School has a worldwide reputation for academic excellence, offering five graduate programs, two accelerated graduate programs, six dual-degree programs and undergraduate majors and minors in business and economics.
Our Master of Arts in International Economics and Finance (MA) program is ranked 5th in the U.S. among pre-experience programs by the Financial Times. Our Master of Business Administration (MBA) program is on the Princeton Review’s list of top business schools in the world and has been for more than ten years in a row, and our Master of Science in Finance (MSF) program is ranked fifth in the country by the TFE Times (formerly The Financial Engineer).
Brandeis International Business School is an AACSB-accredited institution.
- Master of Business Administration (MBA)
Flexible, innovative and wide-ranging. Accelerate or transform your career. In-person and online options. 2 years.
- Master of Arts in International Economics and Finance (MA)
Analytical skills and experience in business, economics and finance. 2 years.
- Master of Science in Finance (MSF)
Financial theory, analysis and strategy. 16 months.
- Master of Science in Business Analytics (MSBA)
Intersection of business and big data. In-person and online options. 12 or 16 months.
- PhD in International Economics and Finance
Research, teaching, high-level policymaking and consulting.
Accelerated Graduate Programs
- Accelerated MBA
For students with relevant coursework to transfer into the MBA program. In-person and online options. 1 year.
- Accelerated MA
For students who studied economics or business in a U.S. institution. 1 year.
Graduate Students who enroll in a dual degree when admitted to the business school or add the second degree within the first year of their first program are able to complete both degrees with less credits than are required to earn each degree independently.
79 credits over four semesters, including up to two summer terms.
77 credits over four semesters, including up to two summer terms. In-person and online options.
77 credits over four semesters, including up to two summer terms.
Take classes as a non-degree student. Transfer up to eight credits toward a master’s program.
School-reported Student Data
Internship and Employment Data for our Recent MBA Graduates
- 100% of students obtained an internship or field project in 2019. 92% of those were in the United States.
- $92,000 average salary and bonus, with salaries ranging up to $140,000 based on industry and experience.
- 92% of job seekers secured employment or started their own business to-date.
- 100% of full-time positions secured are in the United States.
Internship and Employment Data for our Recent MSF Graduates
- 100% of students obtained an internship or field project. 72% of those were in the United States.
- $81,675 average U.S. salary and bonus, with salaries ranging up to $125,000 based on industry and experience.
- 87% of job seekers secured employment within six months of graduation.
- 52% of job seekers secured employment in the United States.
Internship and Employment Data for our Recent MA Graduates
- 100% of MA degree students seeking an internship or field project secured one; 59% of them were in the United States.
- $76,456 average U.S. salary and bonus, with salaries ranging up to $100,000 based on industry and experience.
- 83% of job seekers secured employment within six months of graduation.
- 76% of job seekers secured employment in the United States.
Internship and Employment Data for our Recent MSBA Graduates
- 100% of students obtained an internship or field project. 80% of those were in the United States.
- $87,873 average U.S. salary and bonus, with salaries ranging up to $120,000 based on industry and experience.
- 90% of job seekers secured employment within six months of graduation.
- 58% of job seekers secured employment in the United States.
Applicants must have earned a bachelor’s degree from a regionally accredited U.S. or accredited international institution. Three-year degrees that are equivalent to a U.S. bachelor’s degree will be considered for admission.
- Transcripts – Unofficial transcripts from all post-secondary institutions attended are required (including study abroad, post-graduate work, etc.). Degree audits will not be accepted in lieu of unofficial transcripts. Applicants whose transcripts are not in English must provide both original language and English-translated transcripts. Official transcripts are required from each institution only if you accept an offer of admission.
- Prerequisites – The following prerequisites must be completed prior to beginning the MA program. Students must earn a minimum grade of “B” to meet the requirement, or have demonstrated sufficient knowledge in the area through completion of related courses. These courses must be taken at an accredited 3- or 4-year, not-for-profit college or university. Each course must be at least 3 credits or the equivalent of a full semester course. Courses to satisfy prerequisites may alternately be taken online and students must be able to provide the verified grade received in the course. Courses taken at other educational institutions will be evaluated on a case-by-case basis.
- Statistics – an introductory course in Statistics such as Statistics or Quantitative Methods
- Two (2) of the following:
- Principles of Economics
- Written Essay & Video Essay
- Written – One written essay is required as part of the online application.
What drove you to pursue a graduate program in international economics and finance? (500 words)?
Additionally, applicants must respond to a short answer question regarding their career goals. If necessary, applicants may provide additional information, not mentioned elsewhere in their application, that they would like the Admissions Committee to consider as part of their application.
- Video – Applicants must also submit a brief video responding to two questions posed by the International Business School community, as well as a written response to a third question. The Video Essay is a great way for the Admissions Committee to learn a little bit more about you. You will be prompted to complete the Video Essay once you have submitted your application.
- Written – One written essay is required as part of the online application.
- Résumé and Experience
- A current résumé detailing educational and employment history is required. The MA program does not require work experience.
- We also require a detailed employment history as part of the online application so that we may fully understand your previous and current roles and assess your career progression. Candidates with little or no full-time work experience should include internships in the employment history section of the online application.
- GMAT or GRE Score
- Students applying to Brandeis International Business School master’s programs are not required to submit a GMAT or GRE score, but have the option to submit their scores for consideration. Applicants who have limited quantitative coursework may wish to submit a GMAT or GRE score to support their application.
- If you choose to submit a GMAT or GRE score, an unofficial test score should be submitted as part of the online application. Official test scores are required only if you accept an offer of admission. GMAT and GRE scores are valid for up to five years. Test scores must be valid at the time of the application is submitted. If your test score will expire prior to the start of the program, you must submit your official test score prior to its expiration date.
- The International Business School GMAT code for this program is 3FD-QK-66. The school’s GRE code is 3122.
- Two recommendations are required for this program. One recommendation should come from a professional contact (current supervisor, former supervisor, mentor, co-worker, client, etc.) and one recommendation should come from an academic contact (professor, academic advisor, thesis supervisor, dean, etc.). You will be asked to provide your recommenders’ contact information as part of the online application. Use your recommender’s institutional or corporate email address. Submissions from anonymous email servers (Gmail, Hotmail, Yahoo, etc.) may be subject to additional review. An email with instructions on submitting the online recommendation will be sent to your recommenders. Only online recommendations will be accepted, and recommendation letters must be submitted on the recommender’s organization letterhead.
- TOEFL, IELTS, Duolingo English Test or PTE Academic Score
- Applicants must submit a TOEFL, IELTS, Duolingo English Test, or PTE Academic score unless they meet one of the following conditions:
- Will complete or have completed a bachelor’s degree with at least three full-time academic years of study (ESL and online coursework not included) in a designated country OR
- Have completed at least one full-time academic year of graduate study (online coursework not included) at the time the application is submitted in a designated country OR
- Have worked full-time for at least three consecutive years, within the past four years, in a designated country.
- Successful applicants typically have a TOEFL iBT score of at least 100, a TOEFL ITP score of at least 627, IELTS score of at least 7.0, Duolingo English Test score of at least 120 or PTE Academic score of at least 68. Brandeis International Business School accepts TOEFL iBT Home Edition and IELTS Indicator test scores. The Business School only considers TOEFL scores from a single test date, not MyBest™ scores. Our Admissions Committees take a holistic approach to reviewing applications and consider each part of a student’s application to evaluate communication abilities and fit for the program.
- An unofficial test score should be submitted as part of the online application. Official test scores are required only if you accept an offer of admission. TOEFL, IELTS, Duolingo English Test and PTE Academic scores are valid for up to two years. Test scores must be valid at the time the application is submitted. If your test score will expire prior to the start of the program, you must submit your official test score prior to its expiration date.
- The International Business School TOEFL code is 3122
- Fee – A $100 application fee is required. Brandeis students and alumni are not required to submit an application.
The tuition and fees listed are for the 2020-2021 academic year. Tuition typically increases 3-4% each year.
- MA & MBA – $54,596 (annual)
- MSF – $78,880 (total tuition)
- $68,244 (total tuition for 12-months)
- $71,655 (total tuition for 16-months)
- Fees (all programs)
- $75 Orientation fee (charged in the first term of the program)
- $60 Student Activity fee (charged in each term of the program)
Income Share Agreement
You may be eligible to pay for tuition through the MentorWorks Income Share Agreement (ISA) program. With an ISA, a student has his or her education supported by an investor, in return for a contract to pay a specified percentage of income for a fixed period of time after graduation.
- ISA payments adjust according to levels of income
- Monthly payments are calculated by applying the student’s income share rate to their total monthly earned income
- ISA obligations can be ended earlier by making early payments as listed in an early payment schedule
Check ISA availability at this or another school.
Income Share Agreements may be issued by Blue Ridge Bank, N.A.
Federal Financial Aid *
Financial aid can come from federal, state, school, and private sources to help you pay for college or career school. Federal student aid from the U.S. Department of Education (ED) covers such expenses as tuition and fees, room and board, books and supplies, and transportation. Aid can also help pay for other related expenses, such as a computer and dependent care. Thousands of schools across the country participate in the federal student aid programs.
There are also special aid programs or additional aid eligibility for serving in the military or for being the spouse or child of a veteran. And, Federal student aid may be available for studying at a school outside the United States, whether you’re studying abroad or getting your degree from an international school.
- Grants – A grant is a form of financial aid that doesn’t have to be repaid (unless, for example, you withdraw from school and owe a refund, or you receive a TEACH Grant and don’t complete your service obligation). A variety of federal grants are available, including Pell Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Teacher Education Assistance for College and Higher Education (TEACH) Grants, and Iraq and Afghanistan Service Grants.
- Work-Study Jobs – The Federal Work-Study Program allows you to earn money to pay for school by working part-time.
- Loans – When you receive a student loan, you are borrowing money to attend a college or career school. You must repay the loan as well as interest that accrues. It is important to understand your repayment options so you can successfully repay your loan.
Apply for federal student aid — grants, work-study, and loans — using the Free Application for Federal Student Aid (FAFSA®) form.
* Source: studentaid.gov
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THE MENTORWORKS MISSION
Our mission is to open pathways to education and careers for students and candidates who may not have had the financial or social capital to do it on their own.
MENTORWORKS FUND & SUPPORT MODEL
Which Students We Fund
- College juniors & seniors and Master’s degree / post-graduate students
- Trainees in boot-camp, professional or trade certificate programs
- Aspiring career-changers & experienced professionals facing unemployment
How We Support Job Candidates
- Talent Accelerator Platform (TAP) – comprehensive, personalized job search & career coaching program
- MW Labs Experience – experiential learning opportunities to propose solutions to hiring employers
- Employer Engagement – live virtual events with employers, mentoring sessions and practice interviews