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2002 FULL-TIME MBA PROFILE
Carnegie Mellon
Graduate School of Industrial Administration
ENROLLMENT
2002/2003 Classes begin:
Aug. 25, 2003
Year program was founded: 1949
Institution is: U.S., Private
Length of program: 21 months
Total graduate enrollment 1,019
Full-time 469
Part-time MBA students (on-campus) 163
Part-time MBA students (distance program) 121
EMBA 0
PhD program 112
Current total undergraduate business school enrollment 434
Increase in full-time students during last 12 months 10%
STUDENT PROFILE
Female students in class 23%
International students (1) 34%
Underrepresented minority (2) students 5%
Married 33%
Percent students from following regions:
Africa 1%
Asia 30%
Central/South America, Mexico 4%
Eastern Europe 1%
Middle East 1%
North America
(Canada: n/a / U.S.: n/a ) 57%
Oceania 1%
Western Europe 4%
North American students by region:
Canada n/a
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 672
Range (middle 80%) 610 - 730
TOEFL Scores*
Mean TOEFL score 635
Minimum TOEFL score required 600
Work Experience (months)
Average 66
Range (middle 80%) 30 - 102
Enrolled students with one year or less of work experience 0%
Student Age (years)
Average 28
Range (middle 80%) 25 - 32
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): $100
Application fee (non resident): $100
1,781 people applied to the full-time MBA program in 2002. The school accepted 26% (selectivity) of those applicants, and 54% of admitted applicants (yield) enrolled in the program.
The B-school placed n/a applicant(s) on its wait list, from which n/a ultimately enrolled in the program. 4% of applicants had applied in prior years, and of those reapplicants 12% were accepted.
Applicant Profile:
Female applicants n/a
International applicants (1) n/a
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience 0%
Interviews for MBA applicants are:
By invitation only
In 2002, the B-school interviewed 60% 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 2005
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $61,400
Nonresident $61,400
Expected monthly rent $600
Recommended annual budget (1) $46,200
Application deadline(s)
Nov. 14, 2002
Jan. 15, 2003
Mar. 31, 2003
Apr. 30, 2003
Rolling admissions?
Yes
Financial aid deadline(s):
n/a
First-year MBAs:
Average financial aid package n/a
Range (middle 80%) $0 - $48,900
Average first-year scholarship awards (not including loans) $4,500
Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) $0 - $46,200
Average second-year scholarship awards (not including loans) $5,400
Full-time MBAs receiving financial aid through B-school 70%
Graduate assistantships offered to qualifying MBAs? No
Scholarships are merit or need based?
Merit-based Need-based
6 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: $46,100
Financial aid web-site:
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.
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