=Subscribers Only

COLUMNS FORUMS NEWSLETTERS PERSONAL FINANCE SEARCH SPECIAL REPORTS TOOLS VIDEO VIEWS
2001 FULL-TIME MBA PROFILE
Illinois Institute of Technology
Stuart Graduate School of Business

Sections:  Getting In  | Academics & Lifestyle | Career Services


Address: Illinois Institute of Technology
565 West Adams Street
Chicago , IL 60661
E-Mail: degrees@stuart.iit.edu
Web site: www.stuart.iit.edu


ENROLLMENT

2001/2002 Classes begin: Mar. 2002
Sept. 2002

Year program was founded: 1961

Total graduate enrollment 491
Full-time 193
Part-time MBA students (on-campus) 187
Part-time MBA students (distance program) 0
EMBA 0
PhD program 17
 
Current total undergraduate business school enrollment 0
 
Increase in full-time students during last 12 months 5%


STUDENT PROFILE

Female students in class 24%
International students (1) 83%
Underrepresented minority (2) students 3%
Married 10%

Percent students from following regions:
Africa 5%
Asia 63%
Central/South America, Mexico n/a
Eastern Europe 15%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
17%
Oceania n/a
Western Europe n/a

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 100%
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

(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 572
Range (middle 80%) 500 - 690

TOEFL Scores*
Mean TOEFL score 620
Minimum TOEFL score required 550

Work Experience (months)
Average 31
Range (middle 80%) 12 - 36
Enrolled students with less one year or less work experience 10%

Student Age (years)
Average 25
Range (middle 80%) 23 - 28

Salary
Average annual pay forgone to enter program $40,000

* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee: $50

245 people applied to the full-time MBA program in 2001. The school accepted 58% (selectivity) of those applicants, and 30% 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. 1% of applicants had applied in prior years, and of those reapplicants 100% were accepted.

Female applicants 25%
International applicants (1) 94%
Underrepresented minority (2) applicants 1%

Interviews for MBA applicants are:
Recommended

In 2001, the B-school interviewed 15% of its full-time MBA applicants, and 29% 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 $42,120
Nonresident $42,120
 
Expected monthly rent $400
Recommended annual budget (1) $36,272

Application deadline(s) Jan. 15, 2002
July 1, 2002

Deadline for scheduling an interview: June 1, 2002

Financial aid deadline(s): Jan. 2002
July 2002

First-year MBAs:
Average financial aid package $11,400
Range (middle 80%) $7,500 - $24,000
Average first-year scholarship awards (not including loans) $11,400

Second-year MBAs:
Average financial aid package $11,400
Range (middle 80%) $7,500 - $24,000
Average second-year scholarship awards (not including loans) $11,400

Full-time MBAs receiving financial aid through B-school 39%

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

5 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: n/a

(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.


CONTACTS

Dean M. Zia Hassan
Hired as of June 1989
 
MBA program director Paul Prabhaker
 
MBA admissions director Lynn Miller
 
MBA financial aid director Ada Chin
 
MBA career services director Bernard Rausch
 
Alumni relations director Ann Shillinglaw


 
Return to Full-Time Profiles

Printer-Friendly Version


IIT INSIDER CONTENT
School Tour

IIT PROFILES
Full-time '04 | '03 | '01 | '00
Part-time '04 | '03 | '02 | '01

IIT INFO
Search for articles about IIT



Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs

 BW MALL   SPONSORED LINKS
Buy a link now!

  MARKET INFO
DJIA 0 0.00
S&P 500 0 0.00
Nasdaq 0 0.00

Portfolio Service Update

Stock Lookup

Enter name or ticker