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2001 FULL-TIME MBA PROFILE
Rochester Institute of Technology
College of Business

Sections:  Getting In  | Academics & Lifestyle | Career Services


Address: College of Business
105 Lomb Memorial Drive
Rochester , NY 14623-5608
E-Mail: gradbus@rit.edu
Web site: www.cob.rit.edu


ENROLLMENT

2001/2002 Classes begin: n/a

Year program was founded: 1967

Total graduate enrollment 527
Full-time 210
Part-time MBA students (on-campus) 274
Part-time MBA students (distance program) n/a
EMBA 43
PhD program n/a
 
Current total undergraduate business school enrollment n/a
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 29%
International students (1) 20%
Underrepresented minority (2) students n/a%
Married n/a%

Percent students from following regions:
Africa 3%
Asia 52%
Central/South America, Mexico n/a
Eastern Europe 3%
Middle East n/a
North America
 (Canada: 1% / U.S.: 99%)
40%
Oceania n/a
Western Europe 1%

North American students by region:
Canada 1%
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. 100%
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 572
Range (middle 80%) 490 - 660

TOEFL Scores*
Mean TOEFL score 617
Minimum TOEFL score required 570

Work Experience (months)
Average 34
Range (middle 80%) 12 - 60
Enrolled students with less one year or less work experience 73%

Student Age (years)
Average 24
Range (middle 80%) 21 - 29

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: $40

254 people applied to the full-time MBA program in 2001. The school accepted 76% (selectivity) of those applicants, and 33% 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. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

Female applicants 28%
International applicants (1) 72%
Underrepresented minority (2) applicants 2%

Interviews for MBA applicants are:
By invitation only

In 2001, the B-school interviewed 1% of its full-time MBA applicants, and 1% 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 $43,000
Nonresident $43,000
 
Expected monthly rent $450
Recommended annual budget (1) $38,864

Application deadline(s) July 15, 2002
Oct. 15, 2001
Jan. 15, 2002
Apr. 15, 2002

Deadline for scheduling an interview: n/a

Financial aid deadline(s): n/a

First-year MBAs:
Average financial aid package $9,530
Range (middle 80%) $5,400 - $15,117
Average first-year scholarship awards (not including loans) $8,284

Second-year MBAs:
Average financial aid package $6,527
Range (middle 80%) $1,500 - $15,117
Average second-year scholarship awards (not including loans) $5,799

Full-time MBAs receiving financial aid through B-school 44%

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

0 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: $18,500

Average outstanding loans for 2001 graduates: $15,900

(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 Thomas D. Hopkins, Ph.D.
Hired as of n/a 1998
 
MBA program director Donald Wilson
 
MBA admissions director Diane Ellison
 
MBA financial aid director Verna Hazen
 
MBA career services director Emmanuel Contomanolis
 
Alumni relations director Edward Lincoln


 
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