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2002 FULL-TIME MBA PROFILE
Purdue University
Krannert School of Management
ENROLLMENT
2002/2003 Classes begin:
Aug. 18, 2003
Year program was founded: 1957
Institution is: U.S., Public
Length of program: 21 months
Total graduate enrollment 802
Full-time 295
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA 269
PhD program 106
Current total undergraduate business school enrollment 2,531
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 17%
International students (1) 33%
Underrepresented minority (2) students 6%
Married 29%
Percent students from following regions:
Africa 0%
Asia 20%
Central/South America, Mexico 7%
Eastern Europe 0%
Middle East 1%
North America
(Canada: 0% / U.S.: 100% ) 67%
Oceania 0%
Western Europe 5%
North American students by region:
Canada 0%
Mid-Atlantic U.S. 6%
Midwest U.S. 46%
Northeast U.S. 10%
South U.S. 6%
Southwest U.S. 8%
U.S. Possessions and territories 0%
West U.S. 24%
(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%) 590 - 730
TOEFL Scores*
Mean TOEFL score 624
Minimum TOEFL score required 575
Work Experience (months)
Average 53
Range (middle 80%) 11 - 123
Enrolled students with one year or less of work experience 11%
Student Age (years)
Average 27
Range (middle 80%) 23 - 32
Salary
Average annual pay forgone to enter program $42,326
* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee (resident): $55
Application fee (non resident): $55
1,378 people applied to the full-time MBA program in 2002. The school accepted 26% (selectivity) of those applicants, and 41% of admitted applicants (yield) enrolled in the program.
The B-school placed n/a applicant(s) on its wait list, from which 7 ultimately enrolled in the program. 5% of applicants had applied in prior years, and of those reapplicants 4% were accepted.
Applicant Profile:
Female applicants 22%
International applicants (1) 78%
Underrepresented minority (2) applicants 3%
Applicants with one year or less work experience n/a
Interviews for MBA applicants are:
Recommended By invitation only
In 2002, the B-school interviewed 8% 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 $24,496
Nonresident $46,064
Expected monthly rent $500
Recommended annual budget (1) $32,172
Application deadline(s)
Nov. 1, 2002
Dec. 1, 2002
Jan. 1, 2003
Feb. 1, 2003
Rolling admissions?
Yes
Financial aid deadline(s):
Mar. 1, 2003
First-year MBAs:
Average financial aid package $14,603
Range (middle 80%) $447 - $33,062
Average first-year scholarship awards (not including loans) $5,366
Second-year MBAs:
Average financial aid package $12,096
Range (middle 80%) $1,019 - $33,631
Average second-year scholarship awards (not including loans) $2,359
Full-time MBAs receiving financial aid through B-school 79%
Graduate assistantships offered to qualifying MBAs? Yes
Scholarships are merit or need based?
Merit-based
30 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: $25,116
Financial aid web-site:
http://www.purdue.edu/DFA/fast/graduate.htm
(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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