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2001 FULL-TIME MBA PROFILE
Purdue University
Krannert School of Management
ENROLLMENT
2001/2002 Classes begin: Aug. 2002
Year program was founded: 1956
Total graduate enrollment 810
Full-time 371
Part-time MBA students (on-campus) 59
Part-time MBA students (distance program) 0
EMBA 270
PhD program 110
Current total undergraduate business school enrollment 2,400
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 26%
International students (1) 39%
Underrepresented minority (2) students 11%
Married 35%
Percent students from following regions:
Africa 0%
Asia 21%
Central/South America, Mexico 10%
Eastern Europe 2%
Middle East 2%
North America
(Canada: 0% / U.S.: 100% ) 61%
Oceania 1%
Western Europe 3%
North American students by region:
Canada 0%
Mid-Atlantic U.S. 3%
Midwest U.S. 36%
Northeast U.S. 3%
South U.S. 6%
Southwest U.S. 5%
U.S. Possessions and territories 2%
West U.S. 6%
(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 642
Range (middle 80%) 560 - 720
TOEFL Scores*
Mean TOEFL score 615
Minimum TOEFL score required 575
Work Experience (months)
Average 48
Range (middle 80%) 16 - 90
Enrolled students with less one year or less work experience 7%
Student Age (years)
Average 27
Range (middle 80%) 23 - 32
Salary
Average annual pay forgone to enter program $41,118
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $30
1,510 people applied to the full-time MBA program in 2001. The school accepted 28% (selectivity) of those applicants, and 50% of admitted applicants (yield) enrolled in the program.
The B-school placed 167 applicant(s) on its wait list, from which 8 were ultimately accepted. 1% of applicants had applied in prior years, and of those reapplicants 6% were accepted.
Female applicants 26%
International applicants (1) 82%
Underrepresented minority (2) applicants 2%
Interviews for MBA applicants are:
Recommended
In 2001, the B-school interviewed 15% of its full-time MBA applicants, and 24% 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 $20,128
Nonresident $39,736
Expected monthly rent $450
Recommended annual budget (1) $27,208
Application deadline(s)
Nov. 1, 2001
Jan. 1, 2002
Feb. 1, 2002
May 1, 2002
Deadline for scheduling an interview:
May 1, 2002
Financial aid deadline(s):
Feb. 2002
Apr. 2002
First-year MBAs:
Average financial aid package $14,925
Range (middle 80%) $3,000 - $33,062
Average first-year scholarship awards (not including loans) $11,012
Second-year MBAs:
Average financial aid package $11,890
Range (middle 80%) $2,000 - $32,517
Average second-year scholarship awards (not including loans) $9,789
Full-time MBAs receiving financial aid through B-school 27%
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
28 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.
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