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2002 FULL-TIME MBA PROFILE
University of Kentucky
Carol Martin Gatton College of Business and Economics

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


Address: Gatton College of Business and Economics
University of Kentucky
Lexington, KY 40506
E-Mail: ukmba@uky.edu
Web site: http://gatton.uky.edu


ENROLLMENT

2002/2003 Classes begin: Aug. 1, 2002

Year program was founded: 1952

Institution is: U.S., Public

Length of program: 18 months


Total graduate enrollment 362
Full-time 152
Part-time MBA students (on-campus) 105
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 104
 
Current total undergraduate business school enrollment 2,890
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 38%
International students (1) 12%
Underrepresented minority (2) students 15%
Married n/a

Percent students from following regions:
Africa 0%
Asia 4%
Central/South America, Mexico 0%
Eastern Europe 0%
Middle East 1%
North America
 (Canada: 0% / U.S.: 100%)
89%
Oceania 0%
Western Europe 6%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 0%
Midwest U.S. 2%
Northeast U.S. 2%
South U.S. 92%
Southwest U.S. 2%
U.S. Possessions and territories 0%
West U.S. 2%

(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 615
Range (middle 80%) 570 - 680

TOEFL Scores*
Mean TOEFL score 600
Minimum TOEFL score required 550

Work Experience (months)
Average 15
Range (middle 80%) 0 - 48
Enrolled students with one year or less of work experience 46%

Student Age (years)
Average 24
Range (middle 80%) 22 - 25

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): $35

Application fee (non resident): $45

207 people applied to the full-time MBA program in 2002. The school accepted 44% (selectivity) of those applicants, and 71% of admitted applicants (yield) enrolled in the program.

The B-school placed n/a 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 35%
International applicants (1) 33%
Underrepresented minority (2) applicants 14%
Applicants with one year or less work experience 72%

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 $6,979
Nonresident $17,832
 
Expected monthly rent $450
Recommended annual budget (1) $20,000

Application deadline(s) July 1, 2003
Feb. 1, 2003


Rolling admissions? Yes

Financial aid deadline(s): Mar. 1, 2003

First-year MBAs:
Average financial aid package $4,700
Range (middle 80%) $2,000 - $10,000
Average first-year scholarship awards (not including loans) $4,700

Second-year MBAs:
Average financial aid package $3,060
Range (middle 80%) $1,000 - $5,000
Average second-year scholarship awards (not including loans) $2,350
 
Full-time MBAs receiving financial aid through B-school 34%

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Merit-based
Need-based

42 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://gatton.uky.edu/Academic/MBAProgram

(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 RICHARD W. FURST
Hired as of July 1, 1981
 
MBA program director Walter Ferrier
 
MBA admissions director Beverly Kemper
 
MBA financial aid director Michael Tearney
 
MBA career services director Janie Thomas
 
Alumni relations director Ralph Brown


 
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