Applicants apply separately to both schools and must take either the GMAT or GRE. Your transcripts and letters of recommendation can be used for both applications.
It does not matter which school you apply to first, and you do not need to apply to both schools at the same time. Students often enroll in one program and then decide to apply to the other program.
Length of MBA/MDiv Program
The Business School requires MBA/MDiv students to take 32 hours of core MBA courses. MBA elective course requirements are waived, so MBA/MDiv students are able to condense the MBA curriculum from three to two semesters. However, if you do not have a business undergraduate education, you are required to take an additional semester of coursework called the Integrated Management Seminar. The 32 hours of MBA core courses plus the 12 hours of IMS results in 44 hours of required MBA coursework, which takes three semesters to complete.
Students can choose to start either the MBA or MDiv program, but they do not take classes for both programs simultaneously. The Business School does not offer MBA core classes in the summer.
Grades for each program are recorded separately on your transcript.
Each school has different criteria for admission and scholarships. It is possible to get accepted into one program and not the other. Likewise, it is possible to get a full scholarship from one school and nothing from the other school.