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2002 FULL-TIME MBA PROFILE
Illinois Institute of Technology
Stuart Graduate School of Business

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


Address: 565 West Adams Street
Chicago, IL 60661
E-Mail: admissions@stuart.iit.edu
Web site: http://www.stuart.iit.edu


ENROLLMENT

2002/2003 Classes begin: Sept. 3, 2002
Nov. 18, 2002
Mar. 3, 2003
May 19, 2003

Year program was founded: 1961

Institution is: U.S., Private

Length of program: 16 months


Total graduate enrollment 429
Full-time 108
Part-time MBA students (on-campus) 149
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 19%


STUDENT PROFILE

Female students in class 30%
International students (1) 85%
Underrepresented minority (2) students 7%
Married n/a

Percent students from following regions:
Africa 2%
Asia 70%
Central/South America, Mexico 2%
Eastern Europe 5%
Middle East 5%
North America
 (Canada: n/a / U.S.: n/a  )
15%
Oceania 0%
Western Europe 1%

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 542
Range (middle 80%) 470 - 590

TOEFL Scores*
Mean TOEFL score n/a
Minimum TOEFL score required 600

Work Experience (months)
Average n/a
Range (middle 80%) n/a - n/a
Enrolled students with one year or less of work experience n/a

Student Age (years)
Average n/a
Range (middle 80%) n/a - n/a

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): $50

Application fee (non resident): $50

229 people applied to the full-time MBA program in 2002. The school accepted 57% (selectivity) of those applicants, and 34% of admitted applicants (yield) enrolled in the program.

The B-school placed 0 applicant(s) on its wait list, from which n/a 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 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:
Recommended

In 2002, the B-school interviewed n/a of its full-time MBA applicants, and n/a 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 $43,920
Nonresident $43,920
 
Expected monthly rent $600
Recommended annual budget (1) $37,352

Application deadline(s) Oct. 7, 2002
Jan. 27, 2003
Apr. 25, 2003
July 11, 2003


Rolling admissions? Yes

Financial aid deadline(s): n/a

First-year MBAs:
Average financial aid package $8,800
Range (middle 80%) $8,000 - $26,400
Average first-year scholarship awards (not including loans) n/a

Second-year MBAs:
Average financial aid package $6,500
Range (middle 80%) n/a - n/a
Average second-year scholarship awards (not including loans) n/a
 
Full-time MBAs receiving financial aid through B-school 45%

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Merit-based

3 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://www.stuart.iit.edu

(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 Timothy C.Preheim
Hired as of June 1, 2002
 
MBA program director John Blanchet-Ruth
 
MBA admissions director Ryan Kelsey
 
MBA financial aid director Ada Chin
 
MBA career services director Claire Finando
 
Alumni relations director John Blanchet-Ruth


 
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