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2001 FULL-TIME MBA PROFILE
Cornell University
Johnson Graduate School of Management
ENROLLMENT
2001/2002 Classes begin: Aug. 2002
May 2002
Year program was founded: 1946
Total graduate enrollment 672
Full-time 551
Part-time MBA students (on-campus) 0
Part-time MBA students (distance program) 0
EMBA 87
PhD program 34
Current total undergraduate business school enrollment 0
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 28%
International students (1) 33%
Underrepresented minority (2) students 7%
Married 31%
Percent students from following regions:
Africa 1%
Asia 20%
Central/South America, Mexico 6%
Eastern Europe 1%
Middle East 1%
North America
(Canada: 7% / U.S.: 93% ) 64%
Oceania 1%
Western Europe 6%
North American students by region:
Canada 7%
Mid-Atlantic U.S. 8%
Midwest U.S. 6%
Northeast U.S. 58%
South U.S. 8%
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 19%
(1) Students from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
CLASS TRAITS
GMAT Scores
Average 669
Range (middle 80%) 599 - 730
TOEFL Scores*
Mean TOEFL score 640
Minimum TOEFL score required 600
Work Experience (months)
Average 61
Range (middle 80%) 24 - 90
Enrolled students with less one year or less work experience 1%
Student Age (years)
Average 29
Range (middle 80%) 26 - 33
Salary
Average annual pay forgone to enter program $58,407
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $200
2,271 people applied to the full-time MBA program in 2001. The school accepted 26% (selectivity) of those applicants, and 51% of admitted applicants (yield) enrolled in the program.
The B-school placed n/a applicant(s) on its wait list, from which n/a were ultimately accepted. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.
Female applicants 23%
International applicants (1) 59%
Underrepresented minority (2) applicants 3%
Interviews for MBA applicants are:
By invitation only
In 2001, the B-school interviewed 33% of its full-time MBA applicants, and 100% of its admitted applicants.
(1) Applicants from countries other than the school's home country.
(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.
INVESTMENT AND DEADLINES FOR CLASS OF 2004
Average total (not annual) cost of full-time MBA program
Resident $61,010
Nonresident n/a
Expected monthly rent $646
Recommended annual budget (1) $43,305
Application deadline(s)
Nov. 15, 2001
Dec. 15, 2001
Jan. 15, 2002
Mar. 15, 2002
Deadline for scheduling an interview:
n/a
Financial aid deadline(s):
Jan. 2002
Apr. 2002
First-year MBAs:
Average financial aid package $33,800
Range (middle 80%) $5,000 - $46,300
Average first-year scholarship awards (not including loans) $22,000
Second-year MBAs:
Average financial aid package $30,700
Range (middle 80%) $5,000 - $43,300
Average second-year scholarship awards (not including loans) $16,000
Full-time MBAs receiving financial aid through B-school 70%
Graduate assistantships offered to qualifying second-year MBAs? No
Graduate assistantships offered to qualifying first-year MBAs? No
Scholarships are merit or need based?Merit based
62 full-tuition scholarships were awarded by the school to full-time MBAs in past 12 months
Guaranteed loan? (2) No
Maximum amount students can borrow: n/a
Average outstanding loans for 2001 graduates: $53,400
(1) Student budget includes tuition fees and living expenses.
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
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