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2001 FULL-TIME MBA PROFILE
Michigan State University
The Eli Broad Graduate School of Management

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


Address: The Eli Broad Graduate School of Management, Michigan State University
215 Eppley Center
East Lansing , MI 48824-1121
E-Mail: mba@msu.edu
Web site: mba.bus.msu.edu


ENROLLMENT

2001/2002 Classes begin: Aug. 2001

Year program was founded: 1992

Total graduate enrollment 676
Full-time 211
Part-time MBA students (on-campus) 173
Part-time MBA students (distance program) 0
EMBA 142
PhD program 99
 
Current total undergraduate business school enrollment 4,829
 
Increase in full-time students during last 12 months 14%


STUDENT PROFILE

Female students in class 24%
International students (1) 39%
Underrepresented minority (2) students 4%
Married 38%

Percent students from following regions:
Africa 2%
Asia 19%
Central/South America, Mexico 8%
Eastern Europe 1%
Middle East 5%
North America
 (Canada: 1% / U.S.: 99%)
62%
Oceania n/a
Western Europe 3%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 4%
Midwest U.S. 46%
Northeast U.S. 3%
South U.S. 2%
Southwest U.S. 2%
U.S. Possessions and territories n/a
West U.S. 4%

(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 641
Range (middle 80%) 580 - 710

TOEFL Scores*
Mean TOEFL score 635
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 24 - 107
Enrolled students with less one year or less work experience 1%

Student Age (years)
Average 28
Range (middle 80%) 25 - 34

Salary
Average annual pay forgone to enter program $40,188

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


ADMISSIONS

Application fee: $30

906 people applied to the full-time MBA program in 2001. The school accepted 22% (selectivity) of those applicants, and 55% of admitted applicants (yield) enrolled in the program.

The B-school placed 38 applicant(s) on its wait list, from which 5 were ultimately accepted. 5% of applicants had applied in prior years, and of those reapplicants 39% were accepted.

Female applicants 32%
International applicants (1) 78%
Underrepresented minority (2) applicants 2%

Interviews for MBA applicants are:
Required

In 2001, the B-school interviewed 40% 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 $26,200
Nonresident $34,800
 
Expected monthly rent $550
Recommended annual budget (1) $24,000

Application deadline(s) Jan. 31, 2002
Feb. 28, 2002
Mar. 29, 2002
June 14, 2002

Deadline for scheduling an interview: June 15, 2002

Financial aid deadline(s): Mar. 2002

First-year MBAs:
Average financial aid package $18,986
Range (middle 80%) $2,500 - $37,578
Average first-year scholarship awards (not including loans) $10,194

Second-year MBAs:
Average financial aid package $19,597
Range (middle 80%) $1,000 - $33,778
Average second-year scholarship awards (not including loans) $11,500

Full-time MBAs receiving financial aid through B-school 81%

Graduate assistantships offered to qualifying second-year MBAs? Yes

Graduate assistantships offered to qualifying first-year MBAs? Yes

Scholarships are merit or need based?
Both

63 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: $25,316

(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 Donald J. Bowersox
Hired as of Apr. 2001
 
MBA program director Jennifer Chizuk
 
MBA admissions director Randall Dean
 
MBA financial aid director Rick Shipman
 
MBA career services director Helen Dashney
 
Alumni relations director Kathy Walsh


 
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MICHIGAN STATE RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  23    1992:  --    
2000:  29    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
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