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2002 FULL-TIME MBA PROFILE
Boston University
School of Management

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs


Address: Boston University School of Management
595 Commonwealth Avenue
Boston, MA 02215
E-Mail: mba@bu.edu
Web site: http://management.bu.edu/


ENROLLMENT

2002/2003 Classes begin: Sept. 3, 2002
Sept. 3, 2003

Year program was founded: 1925

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 1,178
Full-time 419
Part-time MBA students (on-campus) 539
Part-time MBA students (distance program) n/a
EMBA 42
PhD program 56
 
Current total undergraduate business school enrollment 1,882
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 34%
International students (1) 26%
Underrepresented minority (2) students 7%
Married n/a

Percent students from following regions:
Africa 1%
Asia 13%
Central/South America, Mexico 4%
Eastern Europe 1%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
76%
Oceania 0%
Western Europe 5%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 1%
Midwest U.S. 1%
Northeast U.S. 89%
South U.S. 1%
Southwest U.S. 0%
U.S. Possessions and territories 0%
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 632
Range (middle 80%) 570 - 690

TOEFL Scores*
Mean TOEFL score 638
Minimum TOEFL score required 600

Work Experience (months)
Average 55
Range (middle 80%) 12 - 72
Enrolled students with one year or less of work experience 10%

Student Age (years)
Average 28
Range (middle 80%) 24 - 31

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 (resident): $95

Application fee (non resident): $95

1,454 people applied to the full-time MBA program in 2002. The school accepted 33% (selectivity) of those applicants, and 37% of admitted applicants (yield) enrolled in the program.

The B-school placed 182 applicant(s) on its wait list, from which 1 ultimately enrolled in the program. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

Applicant Profile:
Female applicants 39%
International applicants (1) 52%
Underrepresented minority (2) applicants 3%
Applicants with one year or less work experience 23%

Interviews for MBA applicants are:
Recommended

In 2002, the B-school interviewed 10% of its full-time MBA applicants, and 12% 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 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $27,042
Nonresident $27,042
 
Expected monthly rent $1,540
Recommended annual budget (1) $42,250

Application deadline(s) Jan. 5, 2003
Feb. 15, 2003
Apr. 1, 2003


Rolling admissions? Yes

Financial aid deadline(s): Feb. 15, 2003

First-year MBAs:
Average financial aid package $29,884
Range (middle 80%) $6,000 - $42,250
Average first-year scholarship awards (not including loans) $10,511

Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) $6,000 - $42,250
Average second-year scholarship awards (not including loans) $7,299
 
Full-time MBAs receiving financial aid through B-school n/a

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based

0 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No

Maximum amount students can borrow: n/a

Average outstanding loans for 2002 graduates: n/a

Financial aid web-site:
http://management.bu.edu/afo/

(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 Louis E. Lataif
Hired as of Sept. 16, 1991
 
MBA program director Katherine Nolan
 
MBA admissions director Evelyn Tate
 
MBA financial aid director Evelyn Tate
 
MBA career services director Jennifer Lawrence
 
Alumni relations director Ruth Gallagher


 
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BOSTON UNIV. INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays

BOSTON UNIV. PROFILES
Full-time '04 | '03 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03 | '01

BOSTON UNIV. INFO
Placement Q&A '04
Video Views
Search for articles about Boston Univ.

BOSTON UNIV. RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Third tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Third tier    1988:  --    
1996:  Third tier    
BW ranking history

EMBA rank:
2003:  --    1997:  --    
2001:  22    1993:  --    
1999:  --    



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