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2001 FULL-TIME MBA PROFILE
Vanderbilt University
Owen Graduate School of Management
ENROLLMENT
2001/2002 Classes begin: Aug. 2002
Year program was founded: 1969
Total graduate enrollment 569
Full-time 436
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA 123
PhD program 10
Current total undergraduate business school enrollment 0
Increase in full-time students during last 12 months 14%
STUDENT PROFILE
Female students in class 24%
International students (1) 28%
Underrepresented minority (2) students 7%
Married 20%
Percent students from following regions:
Africa 3%
Asia 16%
Central/South America, Mexico 6%
Eastern Europe 2%
Middle East 1%
North America
(Canada: 1% / U.S.: 99% ) 70%
Oceania n/a
Western Europe 2%
North American students by region:
Canada 1%
Mid-Atlantic U.S. 11%
Midwest U.S. 6%
Northeast U.S. 6%
South U.S. 34%
Southwest U.S. 6%
U.S. Possessions and territories n/a
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 636
Range (middle 80%) 560 - 710
TOEFL Scores*
Mean TOEFL score 267
Minimum TOEFL score required 250
Work Experience (months)
Average 54
Range (middle 80%) 24 - 84
Enrolled students with less one year or less work experience 5%
Student Age (years)
Average 28
Range (middle 80%) 25 - 31
Salary
Average annual pay forgone to enter program $52,650
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee: $100
1,035 people applied to the full-time MBA program in 2001. The school accepted 45% (selectivity) of those applicants, and 50% of admitted applicants (yield) enrolled in the program.
The B-school placed 117 applicant(s) on its wait list, from which 16 were ultimately accepted. 1% of applicants had applied in prior years, and of those reapplicants 57% were accepted.
Female applicants 26%
International applicants (1) 52%
Underrepresented minority (2) applicants 8%
Interviews for MBA applicants are:
Required
In 2001, the B-school interviewed 79% 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 $56,500
Nonresident n/a
Expected monthly rent $550
Recommended annual budget (1) $46,000
Application deadline(s)
Nov. 30, 2001
Jan. 31, 2002
Mar. 15, 2002
Apr. 15, 2002
Deadline for scheduling an interview:
May 15, 2002
Financial aid deadline(s):
May 2002
First-year MBAs:
Average financial aid package $16,888
Range (middle 80%) $6,500 - $34,060
Average first-year scholarship awards (not including loans) $16,248
Second-year MBAs:
Average financial aid package $16,923
Range (middle 80%) $6,500 - $32,800
Average second-year scholarship awards (not including loans) $18,246
Full-time MBAs receiving financial aid through B-school 40%
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
14 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: $50,024
(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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