MBA Frequently Asked Questions
Be sure to review the FAQs below for added insight and information about the Toigo MBA Program, eligibility and our selection process. If you have a question not addressed below, email us at apply@toigofoundation.org. Due to the high volume of applicants, our team is most responsive via email.
Eligibility
Applying
When should I apply?
Our application timeline runs concurrent with the MBA admissions process. Applications are reviewed on a rolling basis. We encourage you to apply well before our early Spring deadline. You do not need to wait until you receive your acceptance to business school to apply.
May I apply before I get accepted into business school?
Yes. If selected as a Toigo MBA Program Finalist, you’ll be required to confirm acceptance and enrollment in an accredited two-year MBA, Masters of Finance / Real Estate or JD/MBA, or other joint degree program.
Do I need to send official college transcripts (i.e., must they be in a signed and sealed envelope from the registrar)? And should my GMAT scores be sent directly from GMAC?
The answer to both questions is “no”. Photocopies of your transcripts and GMAT scores are acceptable and should be uploaded and included with your application (per the instructions provided) on or before the online application.
Is there a fee to apply?
Yes. There is a $50 non-refundable application fee which will be waived if you submit your application prior to January 1st, 2024. The fee is used to cover the costs of the application and selection. If you advance as a Finalist to MBA Catapult, there will be a fee to attend the virtual conference, which is disclosed in a memo upon selection.
I am currently applying to deferred MBA programs such as the HBS 2+2 Program and the GSB Deferred Enrollment Program. When should I apply to the Toigo MBA Program?
We invite you to apply to the Toigo MBA program when your deferment is ending in the admissions cycle before you enroll in your chosen graduate business program. For instance, if you gain admission in the current cycle to the HBS 2+2 Program and plan on working for two years and matriculating in Fall 2026, you will apply to Toigo in the admissions cycle beginning in December 2025.
Note: An exception to this applies to the Yale SOM Silver Scholars Program, which admits students directly from their undergraduate program. If you are applying to Yale SOM’s program for Fall 2024 enrollment, you will apply to Toigo in the current Fellow selection cycle.
Selection | Standing Out
How competitive is the selection process?
Toigo typically receives nearly 500 applications. Each year, the Toigo MBA Program class size varies from 65-95 individuals—in part depending on the mix of applicants and their areas of interest within finance. Competitive, yes; but the odds of being selected are 0% if you do not apply.
What is the application process?
Applicants are required to submit a written application and brief video interviews.
If I apply, am I required to attend MBA Catapult?
Candidates selected to become Finalist are required to attend Catapult. The $135 registration fee for MBA Catapult, is the responsibility of the registrant.