BW Online: 2002 Full-Time MBA Profile: University of Illinois at Urbana/Champaign

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2002 FULL-TIME MBA PROFILE
University of Illinois at Urbana/Champaign
College of Commerce and Business Administration — Full-time MBA program

Sections:

Getting In

Academics & Lifestyle

Careers & Alumni Affairs

Graduate Comments

Address:		415 David Kinley Hall, MC-706 1407 West Gregory Drive Urbana, IL 61801
E-Mail:		mba@uiuc.edu
Web site:		http://www.mba.uiuc.edu/

ENROLLMENT

2002/2003 Classes begin:

Aug. 22, 2002
Aug. 21, 2003
Aug. 19, 2004

Year program was founded: 1938

Institution is: U.S., Public

Length of program: 21 months

Total graduate enrollment	1,083
Full-time	387
Part-time MBA students (on-campus)	n/a
Part-time MBA students (distance program)	n/a
EMBA	64
PhD program	169

Current total undergraduate business school enrollment	3,297

Increase in full-time students during last 12 months	n/a

STUDENT PROFILE

Female students in class	31%
International students (1)	43%
Underrepresented minority (2) students	6%
Married	n/a

Percent students from following regions:

Africa	n/a
Asia	37%
Central/South America, Mexico	4%
Eastern Europe	1%
Middle East	n/a
North America (Canada: n/a / U.S.: n/a )	57%
Oceania	n/a
Western Europe	1%

North American students by region:

Canada	n/a
Mid-Atlantic U.S.	n/a
Midwest U.S.	84%
Northeast U.S.	5%
South U.S.	5%
Southwest U.S.	3%
U.S. Possessions and territories	n/a
West U.S.	3%

(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	640
Range (middle 80%)	570	-	700

TOEFL Scores*

Mean TOEFL score	627
Minimum TOEFL score required	n/a

Work Experience (months)

Average	48
Range (middle 80%)	9	-	92
Enrolled students with one year or less of work experience	16%

Student Age (years)

Average	26
Range (middle 80%)	22	-	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): $40

Application fee (non resident): $50

1,157 people applied to the full-time MBA program in 2002. The school accepted 31% (selectivity) of those applicants, and 46% of admitted applicants (yield) enrolled in the program.

The B-school placed 112 applicant(s) on its wait list, from which 39 ultimately enrolled in the program. 8% of applicants had applied in prior years, and of those reapplicants 18% were accepted.

Applicant Profile:

Female applicants	30%
International applicants (1)	76%
Underrepresented minority (2) applicants	3%
Applicants with one year or less work experience	19%

Interviews for MBA applicants are:
By invitation only

In 2002, the B-school interviewed 16% of its full-time MBA applicants, and 59% 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	$30,552
Nonresident	$48,400

Expected monthly rent	$450
Recommended annual budget (1)	$26,866

Application deadline(s)	Dec. 15, 2002 Jan. 15, 2003 Mar. 15, 2003
Rolling admissions?	Yes
Financial aid deadline(s):	Apr. 1, 2003

First-year MBAs:

Average financial aid package	$18,500
Range (middle 80%)	$0	-	$38,250
Average first-year scholarship awards (not including loans)	$4,683

Second-year MBAs:

Average financial aid package	$18,500
Range (middle 80%)	$0	-	$36,850
Average second-year scholarship awards (not including loans)	$5,475

Full-time MBAs receiving financial aid through B-school	21%

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Merit-based

4 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: $33,000

Financial aid web-site:
http://www.mba.uiuc.edu/prospect/admissions/
financ

(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	Avijit Ghosh
Hired as of	Aug. 21, 2001

MBA program director	Professor Larry DeBrock

MBA admissions director	Victor Mullins

MBA financial aid director	n/a

MBA career services director	Jeff Beavers

Alumni relations director	Mary Porter

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ILLINOIS RANKINGS
Full-time MBA rank:

2004:	Second tier	1994:	--
2002:	Second tier	1992:	--
2000:	Second tier	1990:	--
1998:	Second tier	1988:	--
1996:	Second tier

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