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2001 FULL-TIME MBA PROFILE
The University of Iowa
Henry B. Tippie College of Business

Sections:  Getting In  | Academics & Lifestyle | Career Services | Graduate Comments


Address: 108 Pappajohn Business Building, Suite C140
The University of Iowa
Iowa City , IA 52242-1000
E-Mail: IowaMBA@uiowa.edu
Web site: www.biz.uiowa.edu


ENROLLMENT

2001/2002 Classes begin: Aug. 2002

Year program was founded: 1959

Total graduate enrollment 1,222
Full-time 149
Part-time MBA students (on-campus) 757
Part-time MBA students (distance program) n/a
EMBA 87
PhD program 99
 
Current total undergraduate business school enrollment 1,535
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 29%
International students (1) 46%
Underrepresented minority (2) students 5%
Married 35%

Percent students from following regions:
Africa 3%
Asia 34%
Central/South America, Mexico 1%
Eastern Europe 4%
Middle East 1%
North America
 (Canada: n/a / U.S.: n/a  )
54%
Oceania n/a
Western Europe 3%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 44%
Northeast U.S. n/a
South U.S. 3%
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 7%

(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 631
Range (middle 80%) 560 - 690

TOEFL Scores*
Mean TOEFL score 621
Minimum TOEFL score required 600

Work Experience (months)
Average 55
Range (middle 80%) 21 - 108
Enrolled students with less one year or less work experience 8%

Student Age (years)
Average 29
Range (middle 80%) 25 - 35

Salary
Average annual pay forgone to enter program $33,656

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


ADMISSIONS

Application fee: $30

395 people applied to the full-time MBA program in 2001. The school accepted 38% (selectivity) of those applicants, and 47% 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. 3% of applicants had applied in prior years, and of those reapplicants 36% were accepted.

Female applicants 31%
International applicants (1) 74%
Underrepresented minority (2) applicants 1%

Interviews for MBA applicants are:
Required

In 2001, the B-school interviewed 50% of its full-time MBA applicants, and 95% 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 $14,880
Nonresident $31,504
 
Expected monthly rent $435
Recommended annual budget (1) $15,900

Application deadline(s) Apr. 15, 2002
July 15, 2002

Deadline for scheduling an interview: n/a

Financial aid deadline(s): Apr. 2002

First-year MBAs:
Average financial aid package $5,995
Range (middle 80%) $1,000 - $10,282
Average first-year scholarship awards (not including loans) $2,123

Second-year MBAs:
Average financial aid package $5,454
Range (middle 80%) $1,000 - $10,282
Average second-year scholarship awards (not including loans) $1,929

Full-time MBAs receiving financial aid through B-school 43%

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

n/a 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: $6,583

(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 Gary C. Fethke
Hired as of n/a 1994
 
MBA program director Gary Gaeth (Associate Dean)
 
MBA admissions director Mary Spreen
 
MBA financial aid director Mary Spreen
 
MBA career services director Kathie Decker
 
Alumni relations director Brian Conway


 
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Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
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IOWA RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
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