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2002 FULL-TIME MBA PROFILE
Iowa State University
College of Business

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


Address: Iowa State University
College of Business, 218 Carver Hall
Ames, IA 50011-2063
E-Mail: busgrad@iastate.edu
Web site: http://www.bus.iastate.edu


ENROLLMENT

2002/2003 Classes begin: Aug. 26, 2002
Aug. 25, 2003
Aug. 23, 2004

Year program was founded: 1985

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 281
Full-time 72
Part-time MBA students (on-campus) 71
Part-time MBA students (distance program) 90
EMBA n/a
PhD program n/a
 
Current total undergraduate business school enrollment 3,729
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 29%
International students (1) 46%
Underrepresented minority (2) students 6%
Married n/a

Percent students from following regions:
Africa n/a
Asia 32%
Central/South America, Mexico n/a
Eastern Europe 14%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
54%
Oceania n/a
Western Europe n/a

North American students by region:
Canada n/a
Mid-Atlantic U.S. 6%
Midwest U.S. 48%
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 622
Range (middle 80%) 550 - 700

TOEFL Scores*
Mean TOEFL score 614
Minimum TOEFL score required 570

Work Experience (months)
Average 36
Range (middle 80%) 0 - 72
Enrolled students with one year or less of work experience 43%

Student Age (years)
Average 26
Range (middle 80%) 23 - 32

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): $20

Application fee (non resident): $50

161 people applied to the full-time MBA program in 2002. The school accepted 48% (selectivity) of those applicants, and 45% 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 31%
International applicants (1) 73%
Underrepresented minority (2) applicants 4%
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
undefined
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 $10,000
Nonresident $29,000
 
Expected monthly rent n/a
Recommended annual budget (1) n/a

Application deadline(s) May 1, 2003


Rolling admissions? Yes

Financial aid deadline(s): May 1, 2003

First-year MBAs:
Average financial aid package $5,715
Range (middle 80%) n/a - n/a
Average first-year scholarship awards (not including loans) n/a

Second-year MBAs:
Average financial aid package $5,715
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 52%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based

0 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.public.iastate.edu/~fin_aid_info/

(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 Labh Hira
Hired as of n/a
 
MBA program director Anthony Hendrickson
 
MBA admissions director Ronald Ackerman
 
MBA financial aid director n/a
 
MBA career services director Mark Peterson
 
Alumni relations director Kim Schroeder


 
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