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2002 FULL-TIME MBA PROFILE
Columbia University
Columbia Business School MBA Program
ENROLLMENT
2002/2003 Classes begin:
Sept. 1, 2003
Jan. 1, 2003
Year program was founded: 1916
Institution is: U.S., Private
Length of program: 20 months
Total graduate enrollment 1,845
Full-time 1,172
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA 574
PhD program 99
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 34%
International students (1) 28%
Underrepresented minority (2) students 11%
Married 17%
Percent students from following regions:
Africa 1%
Asia 9%
Central/South America, Mexico 6%
Eastern Europe n/a
Middle East 1%
North America
(Canada: 2% / U.S.: 98% ) 74%
Oceania n/a
Western Europe 10%
North American students by region:
Canada 2%
Mid-Atlantic U.S. 10%
Midwest U.S. 11%
Northeast U.S. 51%
South U.S. 12%
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 14%
(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 711
Range (middle 80%) 670 - 760
TOEFL Scores*
Mean TOEFL score 654
Minimum TOEFL score required n/a
Work Experience (months)
Average 53
Range (middle 80%) 12 - 95
Enrolled students with one year or less of work experience 3%
Student Age (years)
Average 27
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): $180
Application fee (non resident): $180
6,663 people applied to the full-time MBA program in 2002. The school accepted 11% (selectivity) of those applicants, and 72% 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. 8% of applicants had applied in prior years, and of those reapplicants 16% 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 n/a
Interviews for MBA applicants are:
By invitation only
In 2002, the B-school interviewed 44% of its full-time MBA applicants, and 87% 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 $54,185
Nonresident $64,308
Expected monthly rent $1,350
Recommended annual budget (1) $54,960
Application deadline(s)
Oct. 1, 2002
Oct. 15, 2002
Mar. 1, 2003
Apr. 20, 2003
Rolling admissions?
Yes
Financial aid deadline(s):
Jan. 15, 2003
Mar. 15, 2003
First-year MBAs:
Average financial aid package $40,500
Range (middle 80%) $18,500 - $58,510
Average first-year scholarship awards (not including loans) n/a
Second-year MBAs:
Average financial aid package $42,000
Range (middle 80%) $18,500 - $54,960
Average second-year scholarship awards (not including loans) n/a
Full-time MBAs receiving financial aid through B-school 70%
Graduate assistantships offered to qualifying MBAs? Yes
Scholarships are merit or need based?
Merit-based Need-based
36 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months
Guaranteed loan? (2) Yes
Maximum amount students can borrow: $58,510
Average outstanding loans for 2002 graduates: n/a
Financial aid web-site:
http://www.gsb.columbia.edu/mba/tuition/
index.html
(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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