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2002 FULL-TIME MBA PROFILE
Indiana University
Kelley School of Business The Kelley MBA
ENROLLMENT
2002/2003 Classes begin:
Sept. 2, 2002
Year program was founded: 1947
Institution is: U.S., Public
Length of program: 21 months
Total graduate enrollment 1,843
Full-time 546
Part-time MBA students (on-campus) 308
Part-time MBA students (distance program) 535
EMBA 0
PhD program 73
Current total undergraduate business school enrollment 4,879
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 25%
International students (1) 30%
Underrepresented minority (2) students 9%
Married n/a
Percent students from following regions:
Africa 1%
Asia 24%
Central/South America, Mexico 3%
Eastern Europe 0%
Middle East 1%
North America
(Canada: 1% / U.S.: 99% ) 70%
Oceania 1%
Western Europe 0%
North American students by region:
Canada 1%
Mid-Atlantic U.S. 7%
Midwest U.S. 46%
Northeast U.S. 10%
South U.S. 8%
Southwest U.S. 6%
U.S. Possessions and territories 1%
West U.S. 21%
(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 651
Range (middle 80%) 580 - 710
TOEFL Scores*
Mean TOEFL score 638
Minimum TOEFL score required 580
Work Experience (months)
Average 64
Range (middle 80%) 35 - 102
Enrolled students with one year or less of work experience 1%
Student Age (years)
Average 29
Range (middle 80%) 25 - 33
Salary
Average annual pay forgone to enter program $53,464
* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee (resident): $75
Application fee (non resident): $75
2,522 people applied to the full-time MBA program in 2002. The school accepted 22% (selectivity) of those applicants, and 45% of admitted applicants (yield) enrolled in the program.
The B-school placed 77 applicant(s) on its wait list, from which 22 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 5%
Interviews for MBA applicants are:
Recommended
In 2002, the B-school interviewed 29% of its full-time MBA applicants, and 32% 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 $24,492
Nonresident $46,900
Expected monthly rent $550
Recommended annual budget (1) $34,754
Application deadline(s)
Dec. 1, 2002
Jan. 15, 2003
Mar. 1, 2003
Apr. 15, 2003
Rolling admissions?
No
Financial aid deadline(s):
Mar. 1, 2003
First-year MBAs:
Average financial aid package $20,500
Range (middle 80%) $2,000 - $46,115
Average first-year scholarship awards (not including loans) $10,650
Second-year MBAs:
Average financial aid package $19,500
Range (middle 80%) $2,000 - $38,995
Average second-year scholarship awards (not including loans) $8,250
Full-time MBAs receiving financial aid through B-school 85%
Graduate assistantships offered to qualifying MBAs? Yes
Scholarships are merit or need based?
Merit-based Need-based
48 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: $29,095
Financial aid web-site:
http://www.kelley.indiana.edu/mba/prospective/finaid/
(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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