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2001 FULL-TIME MBA PROFILE
Indiana University
Kelley School of Business
ENROLLMENT
2001/2002 Classes begin: Aug. 2002
Year program was founded: 1947
Total graduate enrollment 807
Full-time 596
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 77
Current total undergraduate business school enrollment 3,900
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 22%
International students (1) 31%
Underrepresented minority (2) students 9%
Married n/a%
Percent students from following regions:
Africa 1%
Asia 26%
Central/South America, Mexico 5%
Eastern Europe 2%
Middle East 1%
North America
(Canada: 1% / U.S.: 99% ) 65%
Oceania 0%
Western Europe 1%
North American students by region:
Canada 1%
Mid-Atlantic U.S. 10%
Midwest U.S. 43%
Northeast U.S. 13%
South U.S. 10%
Southwest U.S. 10%
U.S. Possessions and territories 1%
West U.S. 12%
(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 651
Range (middle 80%) 580 - 720
TOEFL Scores*
Mean TOEFL score 637
Minimum TOEFL score required 580
Work Experience (months)
Average 58
Range (middle 80%) 30 - 89
Enrolled students with less one year or less work experience 3%
Student Age (years)
Average 28
Range (middle 80%) 25 - 32
Salary
Average annual pay forgone to enter program $48,216
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $75
2,364 people applied to the full-time MBA program in 2001. The school accepted 25% (selectivity) of those applicants, and 50% of admitted applicants (yield) enrolled in the program.
The B-school placed 68 applicant(s) on its wait list, from which 15 were ultimately accepted. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.
Female applicants n/a
International applicants (1) n/a
Underrepresented minority (2) applicants n/a
Interviews for MBA applicants are:
Recommended
In 2001, the B-school interviewed 27% of its full-time MBA applicants, and 31% 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 $10,692
Nonresident $20,694
Expected monthly rent $430
Recommended annual budget (1) $36,426
Application deadline(s)
Dec. 1, 2001
Jan. 15, 2002
Mar. 1, 2002
Apr. 15, 2002
Deadline for scheduling an interview:
Apr. 15, 2002
Financial aid deadline(s):
Jan. 2002
Mar. 2002
First-year MBAs:
Average financial aid package $11,549
Range (middle 80%) $500 - $41,065
Average first-year scholarship awards (not including loans) $2,298
Second-year MBAs:
Average financial aid package $9,861
Range (middle 80%) $1,500 - $31,586
Average second-year scholarship awards (not including loans) $1,174
Full-time MBAs receiving financial aid through B-school 82%
Graduate assistantships offered to qualifying second-year MBAs? Yes
Graduate assistantships offered to qualifying first-year MBAs? Yes
Scholarships are merit or need based?Merit based
44 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: $19,358
(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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