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2002 FULL-TIME MBA PROFILE
Purdue University
Krannert School of Management

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


Address: 1310 Krannert Bldg., Room 160
Purdue University
West Lafayette, IN 47907-1310
E-Mail: krannert_ms@mgmt.purdue.edu
Web site: http://www.mgmt.purdue.edu/programs/masters


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.


CONTACTS

Dean Richard A. Cosier
Hired as of Aug. 1, 1999
 
MBA program director Chuck Johnson
 
MBA admissions director Ward Snearly
 
MBA financial aid director Joyce Hall
 
MBA career services director Alan Ferrell
 
Alumni relations director Tim Newton


 
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PURDUE INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
School Tour

PURDUE PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '03 | '01
EMBA '03 | '01
Exec ed '03 | '01

PURDUE INFO
Admissions Q&A '02 | '99 | '97
Placement Q&A '00 | '99
Financial Aid Q&A '01 | '99 |
Video Views Dean Rick Cosier - 2006
Search for articles about Purdue

PURDUE RANKINGS
Full-time MBA rank:
2004:  21    1994:  20    
2002:  26    1992:  --    
2000:  25    1990:  --    
1998:  24    1988:  --    
1996:  --    
BW ranking history

EMBA rank:
2003:  16    1997:  --    
2001:  14    1993:  --    
1999:  --    



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