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2001 FULL-TIME MBA PROFILE
Virginia Tech
Pamplin College of Business

Sections:  Getting In  | Academics & Lifestyle | Career Services


Address: 1044 Pamplin Hall
Virginia Tech (0209)
Blacksburg , VA 24061
E-Mail:
Web site: www.mba.vt.edu


ENROLLMENT

2001/2002 Classes begin: Aug. 2002

Year program was founded: n/a

Total graduate enrollment 393
Full-time 95
Part-time MBA students (on-campus) 251
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 47
 
Current total undergraduate business school enrollment 3,734
 
Increase in full-time students during last 12 months 26%


STUDENT PROFILE

Female students in class 31%
International students (1) 33%
Underrepresented minority (2) students 8%
Married n/a%

Percent students from following regions:
Africa 2%
Asia 23%
Central/South America, Mexico 2%
Eastern Europe 0%
Middle East 6%
North America
 (Canada: n/a / U.S.: n/a  )
67%
Oceania n/a
Western Europe n/a

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 2%
Northeast U.S. n/a
South U.S. 98%
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 629
Range (middle 80%) 550 - 720

TOEFL Scores*
Mean TOEFL score 610
Minimum TOEFL score required 550

Work Experience (months)
Average 43
Range (middle 80%) 12 - 72
Enrolled students with less one year or less work experience 56%

Student Age (years)
Average 26
Range (middle 80%) 22 - 29

Salary
Average annual pay forgone to enter program $34,000

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


ADMISSIONS

Application fee: $45

246 people applied to the full-time MBA program in 2001. The school accepted 39% (selectivity) of those applicants, and 52% 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 35%
International applicants (1) 67%
Underrepresented minority (2) applicants 3%

Interviews for MBA applicants are:
Recommended

In 2001, the B-school interviewed 18% of its full-time MBA applicants, and 54% 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 $10,438
Nonresident $16,376
 
Expected monthly rent $800
Recommended annual budget (1) $17,788

Application deadline(s) Feb. 1, 2002

Deadline for scheduling an interview: July 15, 2002

Financial aid deadline(s): Mar. 2002

First-year MBAs:
Average financial aid package $28,771
Range (middle 80%) $500 - $33,118
Average first-year scholarship awards (not including loans) $2,070

Second-year MBAs:
Average financial aid package $15,607
Range (middle 80%) $14,520 - $16,694
Average second-year scholarship awards (not including loans) $3,852

Full-time MBAs receiving financial aid through B-school 31%

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

53 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: n/a

(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 Dr. Richard Sorenesen
Hired as of July 1982
 
MBA program director Dr. Robert Sumichrast
 
MBA admissions director Dr. Robert Sumichrast
 
MBA financial aid director n/a
 
MBA career services director Mr. Barry O'Donnell
 
Alumni relations director n/a


 
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