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About MBA Exchange

The MBA Exchange is a full service consulting company. In addition to guidance with normal MBA admissions, they also offer support for Executive MBA programs which run on alternate timetables and dual-degree programs such as JD/MBA. They also claim to have the largest staff of any consultation firm, and employee profiles are listed on their site for independent verification. They also claim to have the highest number of admissions as reported by another site, but this cannot be independently verified.

Basics

MBA Exchange has six core services for Full-time and Part-time MBA programs:

  • Analysis and Planning helps clients get a better sense of who they are and how that can be used to stand out from the crowd.
  • Coaching and Guidance covers the personal interaction with a consultant. Non-English speakers can request the help of a translator to ensure their applications are as perfect as possible.
  • Implementation and Support deals with reviews and refinements, with each work typically going through several passes to ensure it’s as good as it can possibly be.
  • Interview Preparation, as the name suggests, helps candidates be ready for the often-intense process of being interviewed by schools that want to learn more about them.
  • Waitlist Support isn’t always needed, but for students who are put onto the list, the MBA Exchange offers guidance for getting off of it.
  • Finally, Miscellaneous Services are available for things like video essays, answering additional questions, and for some schools participating in video conferences.

The MBA Exchange also offers a wide variety of additional services, from GMAT prep and test anxiety counseling to post-admittance background verification and ding analysis.

MBA Exchange Cost and Contact Info

The MBA Exchange does not publish prices on its website, but does claim that it only charges a one-time flat fee for each service. Applicants are asked to send an email to info@mbaexchange.com for more information on pricing, though they can also call 1 (888) 305-5553 or use a contact form on their website at www.mbaexchance.com.

Reviews Statistic

3.9
3.9 out of 3.9
16 Ratings
5 Stars 5
4 Stars 8
3 Stars 1
2 Stars 0
1 Stars 2

16 reviews for The MBA Exchange Overview

  1. 5 out of 5
    Rated 5 out of 5

    :

    The MBA exchange was very helpful and provided me with lots of insights on how to be better prepared and more competitive. I was very pleased to have used this service given that I was able to study in the university that I wanted. I would encourage everyone to have a look to the services provided given that they are very useful and you would be able to achieve your goals. Having said that, I did not use any other services besides MBA exchange but I do believe that they are as high quality as the MBA exchange consulting service.

    • Business School Attended / Year Graduated: Rotman / 2017
  2. 1 out of 5
    Rated 1 out of 5

    :

    I hired MBA Exchange for help with two school applications. I found them to be good initially and put on a great show of engagement and competence. However, they were not really committed to helping people get into schools, probably because it is pretty easy to take the checks, make surface level edits to some word documents, and call it a day. That seems obvious from the outset but I thought that perhaps it was just on the applicant to make sure they got the support needed. But I was wrong, and afterall, who could argue with their success rate??
    What first bothered me was the the whole dog and pony show that they sold me about how they analyze candidates through a specific lenses and tailor their advice to specific schools. To explain this more fully, when they take on a candidate they have them fill out a sheet with written prompts, and that sheet is supposed to inform how an essay should get structured. I did this and then had two consultants review my essays and iterated with both consultants over several weeks. When we finished, I asked them to explain how the prompts all informed the essays that we had created. Both people were at a loss; it was as if they’d never considered the question. But all the question was asking was how the business model they explained to me applied to what we had done. but they couldn’t make justifications from their initial work about why they had done things to the essays. So what is that they are doing? The process is that they have candidates write up INFORMATION about THEMSELVES, they have an hour long conversation with candidates to get them excited, they have candidates write the essays, they make a couple edits, and then that’s it. Maybe a total time committment of five hours tops for a school (and they made me feel like i was being high maintenance by the way). $4k+ a school.
    Maybe it is the case that my consultants were slaving away thinking about what TRULY was the best choice of words for every essay but it sure didn’t seem like it. What it Did seem like was that this company found former MBA students who had worked in their schools’ admissions and the consultants had found a cottage industry where they could edit people’s essays for 20 minutes a day and make a ton of ancillary income. To put this in a value context of what you’re paying for, I would guess that many readers have likely worked with great lawyers from some of the best firms in the country. Those professionals take documents and agonize over how best to form arguments and provide their clients with exhaustive background and rationales for their work. Now think about the rates those people are charging (the lawyers at skadden, cravath, etc), that rate is possibly less than what consultants at the MBA Exchange are charging.
    Now you might not listen to that advice because of the success rate that this company boasts of on the site, and that would be totally sensible. After all, financially it’s just a drop in the bucket compared to actually going to school right? However, in my case, They didn’t even bother to contact me to ask if i got into the school that I hired them to help with. so anyone looking at their success rate stats should know that, at best, those success rates are not a complete reflection of their work.
    Other companies have worked with friends of mine for a fourth of the price. And those friends have been perfectly happy with the level of service and support they got.

    • Business School Attended / Year Graduated: Undecided / 2019
  3. 5 out of 5
    Rated 5 out of 5

    :

    I had an amazing experience with Rebecca Maescher at the MBA Exchange. I was skeptical of investing in a admissions consultant at first, but my friend urged me to do it. Without her, I am not certain I would have been as successful in the admissions process. Although I am a strong writer, she helped me refine my stories and the key points that I should convey in my essay. Furthermore, the work that i did with her also helped me in the recruiting process. I had already done a lot of the thinking about what skills I brought to the table during the admissions process and was able to leverage those when talking to future employers.

    • Business School Attended / Year Graduated: UVA Darden/2018
  4. 5 out of 5
    Rated 5 out of 5

    :

    Many people say the MBA is transformative. My transformation started over a year before the first MBA class: that is when I started working together with mba exchange. I am a re-applicant and my essays pre- and post-MBA EXCHANGE are simply incomparable. But it is not only my essays and my overall application, but also I changed thanks to their guidance and mentoring. My mba exchange consultant was very fast, clear and candid. I also had the chance to meet her in person, she is extremely nice. She can also give great mental support whenever I felt insecure or started to panic over a tiny detail in my application. Both my GPA and my GMAT are way below average, yet I made it to top M7 schools and I couldn’t have done it without mba exchange.

    • Business School Attended / Year Graduated: Undecided/2019
  5. 4 out of 5
    Rated 4 out of 5

    :

    The MBA Exchange GMAT test prep was extremely helpful in preparing for the gmat test. Both the review materials and consulting directly from people allowed me to score very well and lead to my eventual admittance into Columbia Business school’s MBA program for the fall of 2017. When i speak with younger individuals who are considering going through a program that will help them study for the GMAt test, i always recommend the mba exchange because i know that it offers the most genuine help you can receive for a test as rigorous and difficult as the GMAT. thanks to the mba exchange, i was able to get accepted into my number 1 choice school program.

    • Business School Attended / Year Graduated: Columbia/2019
    • Your MBA Application Advice*: i applied to several schools and was denied several times, but through rigorous studying and retaking the gmat test, i was able to gain entry into my number one school choice, columbia business school.
  6. 5 out of 5
    Rated 5 out of 5

    :

    MBA Exchange was fantastic, Heather did a great job guiding me through the process and most importantly asked me the probing questions that helped take my application to the next level. I would highly recommend exploring their services!

    • Business School Attended / Year Graduated: Cornell - Johnson 2018
    • Your MBA Application Advice*: Know yourself - All of the top-tier MBA programs offer really compelling opportunities, but you need to know who you are and what you want in order to make the most of the MBA experience (and convince the ADCOM that you belong).

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