| Term |
What It Means |
| MBA |
Master of Business Administration: a graduate degree focused on business and management. |
| GMAT |
Graduate Management Admission Test: the standardized test most MBA programs require. |
| M7 |
The seven most elite MBA programs: Harvard, Wharton, Stanford, Booth, Kellogg, Sloan, Columbia. |
| Cohort |
Your core group of classmates who go through the program together. |
| ROI |
Return on Investment: how much you get back compared to what you put in. |
| Opportunity Cost |
What you give up to pursue something, like salary you forgo while in school. |
| Recruiting |
The process where companies come to campus to hire MBA students. |
| Case Study |
A real-world business scenario you analyze and make decisions about in class. |
