Dartmouth Tuck School of Business – A complete guide

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The Tuck School of Business, also called “Tuck,” is the graduate business school at Dartmouth College, which is a private research university in Hanover, New Hampshire.

Since its founding in 1900, the Tuck School has held the distinction of being the first academic institution anywhere to grant a master’s degree in business administration.

The only degree that can be earned at the Tuck School is the Master of Business Administration (MBA), which is a full-time, in-person program. Tuck is known for being in the country and for having small classes. Each MBA class has about 280 students. So, these two things, along with Tuck’s dedication to the full-time MBA program, help explain why so many of its 10,300 alumni in 73 countries give back. Nearly 70% of Tuck’s alumni give back to the school on a regular basis, which is the most of any business school in the world.

MBA graduates from the Tuck School of Business earn some of the highest salaries in the United States. The average first-year salary for MBA graduates of Tuck was $175,000, not including performance-based bonuses or equity-based compensation.

If joining the ranks of Dartmouth Tuck’s renowned alumni is your goal, our Dartmouth Tuck MBA Class Profile Analysis will provide insight into the kind of applicants who are successful in getting into the school and provide advice on how to improve your own chances of acceptance.

General Information on Dartmouth Tuck School of Business

Location –100 Tuck Hall, Hanover, NH 03755, USA

Dean – Matthew J. Slaughter

Phone: +1 603 646 3162

Email: tuck.admissions@tuck.dartmouth.edu

Social media – Facebook, Twitter, YouTube, Instagram, LinkedIn

Dartmouth TuckMBA – By the numbers

Here are a few important statistics for the latest class i.e. class of 2024 of the Dartmouth Tuck School of Business

Class Size287
Average GMAT Score726
GMAT Range610-790
Average GRE Score324
GRE Range300-340
Average GPA3.52
Work Experience (Average)67 months
Tuition Cost for a Single Person$77,520
Percentage of students that received a job offer98%
Median Base Salary$175,000
Median Signing Bonus$30,000

Now, let’s take a look in detail at the latest incoming class i.e., class of 2024 of Dartmouth Tuck School of Business.

Dartmouth TuckMBA class profile 2024

Enrollment

Dartmouth Tuck class of 2024 consists of 287 students. Dartmouth Tuck does not reveal information on the number of applications it received.

Diversity

Business Schools care a lot about maintaining diversity in the class. Nearly half (45%) of the Dartmouth Tuck class of 2024 is female and 43% of students are international students.

  • % women in the Dartmouth Tuck class of 2024 – 45%
  • % international students in the Dartmouth Tuck class of 2024 – 43%
Geographical Area% of Dartmouth Tuck class of 2024
United States and Canada67%
Asia22%
Europe8%
Latin America7%
Middle East and Africa4%
Oceania<1%

The total percentage goes over 100% in the above table because the data counts dual citizenship in both countries.

Test Scores and GPA

Dartmouth Tuck School of Business is home to some of the brightest minds in the world. So, it’s quite understandable that the GPA and test scores will be on the higher side. The average GPA of the Dartmouth Tuck class of 2024 is 3.52, the average GMAT score is 726, and the average GRE score is 324.

Average GPA – 3.52

GMAT Score

  • AverageGMAT – 726
  • GMAT Range: 610-790
  • Average GMAT Quant – 48
  • GMAT Quant Range: 39-51
  • Average GMAT Verbal – 42
  • GMAT Verbal Range: 34-51

GRE Score

  • Average GRE – 324
  • GRE Range – 300-340
  • Average GRE Quant -162
  • GRE Quant Range: 150-170
  • Average GRE Verbal – 162
  • GRE Verbal Range: 150-170
  • Percent applicants submitting GRE Scores – 38%

Undergraduate Major

The highest number of Dartmouth Tuck class of 2024 students have a background in Arts, Humanities, Social Sciences (42%) followed by STEM (30%) and Business(28%). More details are in the table below:

Undergraduate MajorPercentage of Dartmouth Tuck class of 2024
Arts, Humanities, Social Sciences42%
STEM30%
Business28%

Pre-MBA industry of Dartmouth Tuck MBA class of 2024

Every student of the Dartmouth Tuck class of 2024 has some work experience. The average work experience is 67 months. 16% of the Dartmouth Tuck class of 2024 has a background in Consulting and Venture Capital/Private Equity followed by Technology (14%) and Financial services (10%).

More details are in the table below:

Pre-MBA industry% of Dartmouth Tuck class of 2024
Financial Services24%
Consulting23%
Nonprofit, Government11%
Technology10%
Health Care, Pharma, Biotech10%
Consumer Goods, Retail6%
Manufacturing3%
Media, Entertainment3%
Energy3%
Other7%

MBA Application Deadlines

The application dates for the MBA Class of 2025 (incoming class of 2023) are

Application RoundDeadlineDecisions
Round 1Sep 26, 2022Dec 8, 2022
Round 2Jan 4, 2023Mar 16, 2023
Round 3Mar 27, 2023May 4, 2023

Now that you know the education and industry background of the latest class of Dartmouth Tuck School of Business, you must have an idea of where you stand compared to them. To get into Dartmouth Tuck School of Business try to match or exceed these numbers. Now, let’s take a look at the compensation that Dartmouth Tuck MBA students get after they graduate.

Dartmouth Tuck MBA employment statistics - Class of 2022

The Dartmouth Tuck School of Business class of 2022 received a median base salary of $175,000. Moreover, 93% of the class received a median signing bonus of $30,000.

Here are the details:

  • Median Base Salary - $175,000
  • Median Signing Bonus - $30,000 - 93% Receiving
  • 98% received an offer within 3 months of graduating

Employment by Industry

47% of the Dartmouth Tuck MBA class of 2022 found employment in Consulting followed by 20% in Financial Services, and 11% in Technology.

More details are in the below table.

IndustryPercent
Consulting47%
Financial services20%
Investment banking13%
Other3%
Investment management2%
Private equity, venture capital2%
Technology11%
Health care, pharma, biotech9%
Consumer goods, retail5%
Energy2%
Manufacturing2%
Government, nonprofit, education2%
Media, entertainment, sports1%
Real estate1%
Transportation1%
Other1%

Median Salary by Industry

Candidates finding employment in Consulting and Financial Services received the highest median salary of $175,000. Candidates who found a job in Technology and Government/Nonprofit received a median salary of $140,000.

More details are in the following table.

IndustryMedian SalaryBase Salary RangePercent Receiving Signing BonusMedian Signing BonusSigning Bonus Range
Consulting$175,000$105,292 - $192,00099%$30,000$9,877 - $60,000
Financial services$175,000$100,000 - $200,00085%$50,000$5,000 - $60,000
Investment Banking$175,000$150,000 - $185,000100%$50,000$10,000 - $60,000
Other$133,000$100,000 - $159,00071%$25,000$5,000 - $50,000
Investment Management$150,000$125,000 - $190,00075%$40,000$30,000 - $57,500
Private equity, Venture capital$120,000$100,000 - $200,0000%**
Technology$140,000$129,000 - $185,00092%$35,000$5,000 - $128,500
Health care, pharma, biotech$130,000$118,000 - $185,00095%$35,000$5,000 - $80,000
Consumer goods, retail$126,000$100,000 - $155,00075%$32,500$25,000 - $40,000
Manufacturing$135,000$135,000 - $175,000100%$45,000$30,000 - $45,000
Government, nonprofit, education$140,000$95,000 - $185,00067%**
All industries$175,000$95,000 - $200,00093%$30,000$5,000 - $128,500

Employment by Function

51% of the Dartmouth Tuck MBA class of 2022 found employment in Consulting, followed by 20% in Finance, and 13% in Marketing.

More details are below.

FunctionPercent
Consulting51%
Finance20%
Investment banking13%
Private equity, venture capital4%
Corporate finance1%
Investment management1%
Other1%
Marketing13%
General management10%
Operations, logistics4%
Other2%
Information technology1%
All functions100%

Median Salary by function

Dartmouth Tuck class of 2022 students who found employment in Finance and Consulting received the highest median salaries of $175,000 followed by Marketing ($140,000), and Operations ($132,000).

Jobs in finance received the highest median performance bonus of $50,000.

FunctionMedianBase Salary RangePercent Receiving Signing BonusMedian Signing BonusSigning Bonus Range
Consulting$175,000$105,292 - $192,00099%$30,000$9,877 - $60,000
Finance$175,000$100,000 - $200,00087%$50,000$5,000 - $60,000
Investment banking$175,000$150,000 - $185,000100%$50,000$40,000 - $60,000
Private equity, venture capital150,000$100,000 - $200,00029%**
Corporate finance132,500$125,000 - $140,000100%35,000$27,000 - $43,000
Marketing140,000$95,000 - $185,00083%30,000$5,000 - $128,500
General management$131,300$120,000 - $175,00095%$40,000$5,000 - $80,000
Operations, logistics$132,000$110,000 - $175,00078%$30,000$6,500 - $53,000
Other132,500$100,000 - $138,00075%30,000$10,000 - $35,000
All functions$175,000$95,000 - $200,00093%$30,000$5,000 - $128,500

Employment by Location

Majority (97%) of the Dartmouth Tuck MBA class of 2022 found employment in the United States. A mere 3% chose to work outside the US. In the US, 59% found jobs in the North East and 12% in the West. 

More details are below.

LocationPERCENTMEDIAN BASE SALARYBASE SALARY RANGE
United States97%$175,000$95,000 - $200,000
Northeast59%$175,000$95,000 - $200,000
Boston29%165,000$110,000 - $192,000
New York29%$175,000$95,000 - $200,000
Other1%135,000$125,000 - $135,000
West12%$165,000$100,000 - $190,000
San Francisco6%$175,000$120,000 - $175,000
Seattle4%148,000$100,000 - $175,000
Los Angeles1%$165,000$130,000 - $175,000
Other1%**
Mid-Atlantic8%$175,000$100,000 - $190,000
Midwest8%$175,000$118,000 - $192,000
Chicago5%$175,000$120,000 - $192,000
Other1%**
Minneapolis-Saint Paul1%**
Southwest6%$175,000$135,000 - $192,000
South5%$175,000$100,000 - $192,000
Outside U.S.3%$127,439$105,292 - $159,772
Asia1%**
Canada1%**
Europe1%**
All locations100.00%$175,000$95,000 - $200,000

Cost of Attendance

The Dartmouth Tuck Cost of Attendance includes both direct and indirect costs. All first-year students are automatically packaged with the on-campus budget. If you are a first-year student living off-campus, please contact Tuck’s Financial Aid Office to discuss an off-campus budget. This annual cost of attendance assumes a nine (9) month academic year and a moderate student lifestyle

ExpenseOn-CampusOff-Campus
Direct Costs
Tuition$77,520$$77,520
Housing$14,000NA
Program Fee$4,429$4,429
Estimated Indirect Costs
Books and Supplies$1,500$1,500
Housing-----$16,215
Miscellaneous Living Expenses$13,213$16,498
Health Insurance$4,163$4,163
TOTAL$114,825$120,325

Dartmouth Tuck Scholarships

Tuck scholarship awards are made possible through the generosity of Tuck alumni, corporations, and nonprofit foundations. There is no separate application process for Tuck scholarships. Tuck’s admissions and financial aid offices will review the application materials submitted by all candidates for admission. Tuck uses discretion in awarding scholarships to incoming students who will significantly contribute to Tuck’s distinctly immersive learning community. We offer scholarships to enroll outstanding students who, absent funding, might not attend the Tuck School. Tuck awards the majority of available scholarships for each round at the time of admission. Additional scholarship offers may be made at a later date as we build our best class. 

Tuck scholarships range from $10,000 to full tuition with the average being $30,065 per academic year.

Scholarships are automatically renewed in the second year, provided that a satisfactory academic record is maintained throughout the first year at Tuck. Students who receive a scholarship will be provided detailed information including name and donor after matriculation. These named scholarships replace the Tuck scholarship already received. All scholarship recipients will be required to write a letter of appreciation to the donor.

Consortium for Graduate Study in Management Fellowship

Tuck is a proud member of the Consortium for Graduate Study in Management (CGSM). The CGSM is a continually growing and evolving alliance of some of the world’s leading graduate business schools and business organizations. Tuck awards merit-based, full-tuition scholarships to named Consortium Fellows. This scholarship is not a requirement for membership into the CGSM.

Forté

Tuck is a proud member of Forté, a consortium of educational institutions, businesses, and nonprofit groups formed to increase the number of women business leaders and to support their careers through events, networking, and other career resources. Each year the Tuck admissions committee selects several exceptional women candidates as Forté fellows who receive a Tuck scholarship in addition to the other Forté fellow benefits as outlined on their website.

Reaching Out MBA (ROMBA)

Reaching Out is a nonprofit organization with over a dozen unique programs dedicated to educating, inspiring, and connecting the LGBTQ MBA community to impact change in the workplace and create the next generation of out leaders. Tuck participates in the ROMBA LGBTQ MBA Fellowship Program  and each year names incoming students as ROMBA fellows who will receive a Tuck scholarship as well as access to special mentorship and leadership development programming through ROMBA.

Post-9/11 GI Bill® and Yellow Ribbon Program

The Post-9/11 GI Bill provides financial support for education to individuals with at least 90 days of aggregate service on or after September 11, 2001, or individuals discharged with a service-connected disability after 30 days, or received a Purple Heart. You must have received an honorable discharge to be eligible for the Post-9/11 GI Bill. The percent is based on creditable active-duty service. In addition to tuition and fees, the GI Bill provides a housing allowance and a book and supplies allowance. 

The Yellow Ribbon Program (YRP) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. The program allows institutions to enter into a voluntary agreement with the VA to fund tuition and fee expenses that exceed the annual VA national maximum cap of $26,381.37 at private institutions for individuals who qualify for the 100 percent eligibility tier. The institution can contribute up to 50 percent of those expenses and VA will match the same amount as the institution. Tuck participates in the Yellow Ribbon Program (YRP) without limitation on the number of veterans enrolled and at a maximum level of $26,000 in funding which will cover full tuition for the 2022-23 academic year. We are proud to support our veterans.

Visit the website for up-to-date information on this and other VA education benefits.

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA).  More information about education benefits offered by VA is available at the official U.S. government website at www.benefits.va.gov/gibill.

Second Year Scholarship Opportunities

The Willard M. Bollenbach Jr. 1949 Fund

Two recipients will receive a scholarship award through the Bollenbach Fund. The awards will be given to two second-year Tuck students of superior intellectual capacity and academic achievement, and who show overall promise as a business leader. The specific criteria are:

  • The student is in the top ten percent of the class at the end of the first year.
  • One will be awarded on merit alone and one must also demonstrate financial need.
  • The amount, when combined with any other scholarship, fellowship, grant or sponsorship, will not exceed the amount of tuition.
  • Specific application requirements are available through the Financial Aid Office.

William G. McGowan Charitable Fund – McGowan Fellows Program

The McGowan Fellows Program provides one full year’s tuition to a selected McGowan fellow in their second year. The program provides support to one MBA student attending ten of the top MBA Programs nationally, including the Tuck School of Business. Eligible students must:

  • Be smart, driven, and principled, with demonstrated leadership potential and dedication to the betterment of society.
  • Have successfully completed the first year of their MBA program with an academic ranking in the top five percent of their class.
  • Specific application requirements are available through the MBA Program Office.
  • The amount, when combined with any other scholarship, fellowship, grant or sponsorship, will not exceed the amount of tuition.

Sponsorships

Some employers or organizations will offer sponsorships to help fund an MBA. While this can be a great way to minimize debt, we encourage students to review the terms and requirements carefully. If you choose not to return to your employer or follow through with the terms specified by the organization, you may have to reimburse the sponsor immediately. Financial aid is ineligible for prior-year charges.

Financial Aid Applications

Students can apply for educational loans by the published key financial aid deadlines. The financial aid office determines their eligibility for loans based on a variety of factors, including cost of the program, the student's ability to contribute, debt levels consistent with successful repayment, and the school's availability of funds. The school reserves the right to limit or decline institutional and international loans on the basis of a student’s overall debt burden, credit history, or other relevant factors.

Key Financial Aid Dates

Application RoundFAFSA*/International Application for Financial Aid Due
Round 1March 3, 2023
Round 2March 24, 2023
Round 3May 12, 2023
Round 1 ConsortiumMarch 3, 2023
Round 2 ConsortiumMarch 24, 2023

Applications are due by 5:00 p.m. EST

*Free Application for Federal Student Aid

Financial aid applications should only be submitted after the student is admitted. Students are eligible to apply for financial aid prior to matriculation and at any point during the academic year. Please note institutional aid is limited and may not be available at a later time.

How To Apply For Education Loans

U.S. Citizens And Permanent Residents

Complete the Free Application for Federal Student Aid (FAFSA). Dartmouth’s code is 002573. The FAFSA requires prior-prior tax documentation. For the academic year 2023-24, you will use your 2021 tax return.

International Citizens

Admitted students will have access to the International Application for Financial Aid on the Admitted Students website. Documentation required to submit the application:

  • Signed copies of the 2021 tax return you filed in your country (and those of your spouse, if applicable).
  • If you are not required to file a return, a statement from your employer stating all earnings, allowances, and taxes paid during 2021.

All amounts on tax returns and/or financial statements must be converted to U.S. dollars, and the corresponding lines related to income, allowances, and taxes must be translated into English. We do not need a certified or notarized copy of your currency conversion.

Helpful Information

If you submit the required documentation by the key deadline, we will email your financial aid eligibility letter to Round 1 admits by Admitted Students Weekend and Round 2 and 3 prior to the enrollment deposit deadline. If you cannot meet the deadline, you are still eligible to apply for financial aid and can do so at any point in time.

Final Thoughts

Getting an MBA from Dartmouth Tuck School of Business is a dream for most MBA applicants. Dartmouth Tuck School of Business is one of the best business schools in the world, so getting into it can be hard. Even though there is no foolproof method to ensure admission to Dartmouth Tuck, you can improve your chances significantly by working diligently on your application. We can help you get into Dartmouth Tuck School of Business. Our consultants include Dartmouth Tuck alumni who will give you the most accurate advice and guidance you’ll need to get into Dartmouth Tuck. So, get started now.

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