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DESIGN & INNOVATION PROGRAMS
2001 FULL-TIME MBA PROFILE University of Minnesota Carlson School of Management
ENROLLMENT
2001/2002 Classes begin: Aug. 2001
Year program was founded: 1936
Total graduate enrollment 1,704
Full-time 236
Part-time MBA students (on-campus) 950
Part-time MBA students (distance program) n/a
EMBA 110
PhD program 100
Current total undergraduate business school enrollment 1,600
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 31%
International students (1) 26%
Underrepresented minority (2) students 4%
Married n/a%
Percent students from following regions:
Africa 0%
Asia 16%
Central/South America, Mexico 7%
Eastern Europe 2%
Middle East 0%
North America(Canada: n/a / U.S.: n/a ) 74%
Oceania n/a
Western Europe 1%
North American students by region:
Canada n/a
Mid-Atlantic U.S. 3%
Midwest U.S. 57%
Northeast U.S. 2%
South U.S. 3%
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 9%
(1) Students from countries other than the school's home country. CLASS TRAITS GMAT Scores
Average 645
Range (middle 80%) 570 - 710
TOEFL Scores*
Mean TOEFL score 635
Minimum TOEFL score required 580
Work Experience (months)
Average 57
Range (middle 80%) 24 - 108
Enrolled students with less one year or less work experience 3%
Student Age (years)
Average 28
Range (middle 80%) 25 - 34
Salary
Average annual pay forgone to enter program n/a
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS Application fee: $60 760 people applied to the full-time MBA program in 2001. The school accepted 34% (selectivity) of those applicants, and 41% of admitted applicants (yield) enrolled in the program.35 applicant(s) on its wait list, from which 5 were ultimately accepted. 3% of applicants had applied in prior years, and of those reapplicants 99% were accepted.
Female applicants 28%
International applicants (1) 71%
Underrepresented minority (2) applicants 3%
Interviews for MBA applicants are:
Recommended
16% of its full-time MBA applicants, and 31% of its admitted applicants.
(1) Applicants from countries other than the school's home country. INVESTMENT AND DEADLINES FOR CLASS OF 2004
Average total (not annual) cost of full-time MBA program
Resident $16,851
Nonresident $21,367
Expected monthly rent $600
Recommended annual budget (1) $28,000
Application deadline(s)
Jan. 1, 2002
Deadline for scheduling an interview:
Mar. 30, 2002
Financial aid deadline(s):
Feb. 2002
First-year MBAs:
Average financial aid package n/a
Range (middle 80%) n/a - n/a
Average first-year scholarship awards (not including loans) $14,312
Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) n/a - n/a
Average second-year scholarship awards (not including loans) $18,970
Full-time MBAs receiving financial aid through B-school 33%
Graduate assistantships offered to qualifying second-year MBAs? Yes Yes Both 14 full-tuition scholarships were awarded by the school to full-time MBAs in past 12 monthsNo $29,896 $32,016
(1) Student budget includes tuition fees and living expenses. CONTACTS
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Copyright 2001, Bloomberg L.P.
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