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DESIGN & INNOVATION PROGRAMS
2002 FULL-TIME MBA PROFILE University of Virginia Darden Graduate School of Business Administration
ENROLLMENT
2002/2003 Classes begin:
Aug. 27, 2002
Year program was founded: 1954 U.S., Public 21 months
Total graduate enrollment 574
Full-time n/a
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 17
Current total undergraduate business school enrollment n/a
Increase in full-time students during last 12 months 25%
STUDENT PROFILE
Female students in class 26%
International students (1) 27%
Underrepresented minority (2) students 8%
Married 30%
Percent students from following regions:
Africa 1%
Asia 12%
Central/South America, Mexico 7%
Eastern Europe 1%
Middle East 1%
North America(Canada: 1% / U.S.: 99% ) 74%
Oceania 0%
Western Europe 4%
North American students by region:
Canada 1%
Mid-Atlantic U.S. 25%
Midwest U.S. 5%
Northeast U.S. 22%
South U.S. 7%
Southwest U.S. 4%
U.S. Possessions and territories 1%
West U.S. 9%
(1) Students from countries other than the school's home country. CLASS TRAITS GMAT Scores
Average 683
Range (middle 80%) 620 - 740
TOEFL Scores*
Mean TOEFL score 643
Minimum TOEFL score required n/a
Work Experience (months)
Average 65
Range (middle 80%) 37 - 98
Enrolled students with one year or less of work experience 0%
Student Age (years)
Average 27
Range (middle 80%) 25 - 31
Salary
Average annual pay forgone to enter program $67,246
* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS Application fee (resident): $140 Application fee (non resident): $140 3,334 people applied to the full-time MBA program in 2002. The school accepted 18% (selectivity) of those applicants, and 53% of admitted applicants (yield) enrolled in the program.236 applicant(s) on its wait list, from which 23 ultimately enrolled in the program. 5% of applicants had applied in prior years, and of those reapplicants 24% were accepted.
Applicant Profile:
Female applicants 24%
International applicants (1) 42%
Underrepresented minority (2) applicants 13%
Applicants with one year or less work experience 0%
Interviews for MBA applicants are:
Recommended
47% of its full-time MBA applicants, and 100% of its admitted applicants.
(1) Applicants from countries other than the school's home country. INVESTMENT AND DEADLINES FOR CLASS OF 2005 Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $51,688
Nonresident $61,688
Expected monthly rent $475
Recommended annual budget (1) $44,844
Application deadline(s)
Nov. 1, 2002
Rolling admissions?
Yes
Financial aid deadline(s):
May 1, 2003
First-year MBAs:
Average financial aid package $23,085
Range (middle 80%) $0 - $55,600
Average first-year scholarship awards (not including loans) $6,414
Second-year MBAs:
Average financial aid package $25,310
Range (middle 80%) $0 - $53,000
Average second-year scholarship awards (not including loans) $8,639
Full-time MBAs receiving financial aid through B-school 88%
Graduate assistantships offered to qualifying MBAs? No Merit-based
67 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 monthsYes $92,000 $37,937 http://www.darden.virginia.edu/financialaid
(1) Student budget includes tuition fees and living expenses. CONTACTS
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