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2002 FULL-TIME MBA PROFILE
University of Maryland
Robert H. Smith School of Business
ENROLLMENT
2002/2003 Classes begin:
Aug. 15, 2003
Year program was founded: 1947
Institution is: U.S., Public
Length of program: 21 months
Total graduate enrollment 1,419
Full-time 516
Part-time MBA students (on-campus) 740
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 104
Current total undergraduate business school enrollment 2,500
Increase in full-time students during last 12 months n/a
STUDENT PROFILE
Female students in class 34%
International students (1) 33%
Underrepresented minority (2) students 14%
Married 33%
Percent students from following regions:
Africa 2%
Asia 21%
Central/South America, Mexico 4%
Eastern Europe 4%
Middle East n/a
North America
(Canada: 0% / U.S.: 100% ) 68%
Oceania n/a
Western Europe 1%
North American students by region:
Canada 0%
Mid-Atlantic U.S. 43%
Midwest U.S. 2%
Northeast U.S. 9%
South U.S. 5%
Southwest U.S. 2%
U.S. Possessions and territories 0%
West U.S. 6%
(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 656
Range (middle 80%) 610 - 710
TOEFL Scores*
Mean TOEFL score 634
Minimum TOEFL score required 600
Work Experience (months)
Average 59
Range (middle 80%) 36 - 72
Enrolled students with one year or less of work experience n/a
Student Age (years)
Average 28
Range (middle 80%) 24 - 30
Salary
Average annual pay forgone to enter program $45,000
* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.
ADMISSIONS
Application fee (resident): $50
Application fee (non resident): $50
1,688 people applied to the full-time MBA program in 2002. The school accepted 23% (selectivity) of those applicants, and 52% of admitted applicants (yield) enrolled in the program.
The B-school placed 117 applicant(s) on its wait list, from which 1 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) 60%
Underrepresented minority (2) applicants 6%
Applicants with one year or less work experience 2%
Interviews for MBA applicants are:
By invitation only
In 2002, the B-school interviewed 36% 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 $29,920
Nonresident $47,412
Expected monthly rent $800
Recommended annual budget (1) n/a
Application deadline(s)
Nov. 15, 2002
Dec. 2, 2002
Jan. 3, 2003
Feb. 1, 2003
Rolling admissions?
Yes
Financial aid deadline(s):
Feb. 1, 2003
First-year MBAs:
Average financial aid package $21,474
Range (middle 80%) $5,000 - $30,700
Average first-year scholarship awards (not including loans) $21,474
Second-year MBAs:
Average financial aid package $15,000
Range (middle 80%) $9,010 - $17,200
Average second-year scholarship awards (not including loans) n/a
Full-time MBAs receiving financial aid through B-school 39%
Graduate assistantships offered to qualifying MBAs? Yes
Scholarships are merit or need based?
Merit-based
28 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:
n/a
(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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