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2001 FULL-TIME MBA PROFILE
University of Navarra
IESE Business School
ENROLLMENT
2001/2002 Classes begin: Oct. 2002
Year program was founded: 1964
Total graduate enrollment 564
Full-time 420
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA 72
PhD program 50
Current total undergraduate business school enrollment 0
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 24%
International students (1) 62%
Underrepresented minority (2) students n/a%
Married 14%
Percent students from following regions:
Africa 0%
Asia 4%
Central/South America, Mexico 12%
Eastern Europe 7%
Middle East 2%
North America
(Canada: 2% / U.S.: 98% ) 8%
Oceania 0%
Western Europe 67%
North American students by region:
Canada 2%
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a
(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 660
Range (middle 80%) 600 - 710
TOEFL Scores*
Mean TOEFL score 267
Minimum TOEFL score required 250
Work Experience (months)
Average 58
Range (middle 80%) 36 - 86
Enrolled students with less one year or less work experience n/a
Student Age (years)
Average 28
Range (middle 80%) 25 - 31
Salary
Average annual pay forgone to enter program $50,000
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $60
1,107 people applied to the full-time MBA program in 2001. The school accepted 28% (selectivity) of those applicants, and 70% of admitted applicants (yield) enrolled in the program.
The B-school placed 54 applicant(s) on its wait list, from which 20 were ultimately accepted. 10% of applicants had applied in prior years, and of those reapplicants 40% were accepted.
Female applicants 24%
International applicants (1) 71%
Underrepresented minority (2) applicants n/a
Interviews for MBA applicants are:
Required
By invitation only
In 2001, the B-school interviewed 75% 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 $36,000
Nonresident $36,000
Expected monthly rent $400
Recommended annual budget (1) $36,800
Application deadline(s)
Nov. 28, 2001
Jan. 23, 2002
Mar. 6, 2002
Apr. 26, 2002
Deadline for scheduling an interview:
June 12, 2002
Financial aid deadline(s):
Feb. 2002
Mar. 2002
First-year MBAs:
Average financial aid package $15,000
Range (middle 80%) $9,000 - $18,000
Average first-year scholarship awards (not including loans) $11,540
Second-year MBAs:
Average financial aid package $18,000
Range (middle 80%) $15,000 - $18,000
Average second-year scholarship awards (not including loans) n/a
Full-time MBAs receiving financial aid through B-school 60%
Graduate assistantships offered to qualifying second-year MBAs? Yes
Graduate assistantships offered to qualifying first-year MBAs? No
Scholarships are merit or need based?Both
1 full-tuition scholarships were awarded by the school to full-time MBAs in past 12 months
Guaranteed loan? (2) Yes
Maximum amount students can borrow: $36,000
Average outstanding loans for 2001 graduates: $13,600
(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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