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2002 FULL-TIME MBA PROFILE
Michigan State University
Eli Broad Graduate School of Management — Day MBA Program

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


Address: 215 Eppley Center
Michigan State University
East Lansing, MI 48824-1121
E-Mail: mba@msu.edu
Web site: http://mba.bus.msu.edu


ENROLLMENT

2002/2003 Classes begin: Aug. 26, 2002

Year program was founded: 1960

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 714
Full-time 209
Part-time MBA students (on-campus) 186
Part-time MBA students (distance program) n/a
EMBA 132
PhD program 65
 
Current total undergraduate business school enrollment 4,989
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 23%
International students (1) 30%
Underrepresented minority (2) students 7%
Married 40%

Percent students from following regions:
Africa 0%
Asia 22%
Central/South America, Mexico 3%
Eastern Europe 0%
Middle East 3%
North America
 (Canada: 2% / U.S.: 98%)
72%
Oceania 0%
Western Europe 0%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 2%
Midwest U.S. 48%
Northeast U.S. 4%
South U.S. 3%
Southwest U.S. 3%
U.S. Possessions and territories 0%
West U.S. 10%

(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 639
Range (middle 80%) 570 - 710

TOEFL Scores*
Mean TOEFL score 635
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 24 - 96
Enrolled students with one year or less of work experience 2%

Student Age (years)
Average 28
Range (middle 80%) 25 - 33

Salary
Average annual pay forgone to enter program $44,265

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee (resident): $40

Application fee (non resident): $40

919 people applied to the full-time MBA program in 2002. The school accepted 22% (selectivity) of those applicants, and 53% of admitted applicants (yield) enrolled in the program.

The B-school placed 65 applicant(s) on its wait list, from which 5 ultimately enrolled in the program. 3% of applicants had applied in prior years, and of those reapplicants 12% were accepted.

Applicant Profile:
Female applicants 29%
International applicants (1) 74%
Underrepresented minority (2) applicants 3%
Applicants with one year or less work experience 11%

Interviews for MBA applicants are:
Required

In 2002, the B-school interviewed 43% of its full-time MBA applicants, and 100% 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 $28,500
Nonresident $40,500
 
Expected monthly rent $600
Recommended annual budget (1) $32,810

Application deadline(s) Dec. 16, 2002
Jan. 31, 2003
Mar. 14, 2003
June 2, 2003


Rolling admissions? No

Financial aid deadline(s): Mar. 14, 2003

First-year MBAs:
Average financial aid package $17,997
Range (middle 80%) $300 - $30,252
Average first-year scholarship awards (not including loans) $9,082

Second-year MBAs:
Average financial aid package $18,710
Range (middle 80%) $150 - $23,283
Average second-year scholarship awards (not including loans) $12,365
 
Full-time MBAs receiving financial aid through B-school 87%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based

50 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: $30,255

Financial aid web-site:
http://mba1.bus.msu.edu/prospective/admissions/
tuition.cfm


(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 Robert B. Duncan
Hired as of Jan. 1, 2002
 
MBA program director Jennifer Chizuk
 
MBA admissions director Esmeralda Cardenal
 
MBA financial aid director Rick Shipman
 
MBA career services director Helen Dashney
 
Alumni relations director Connie Lawson


 
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2004:  Second tier    1994:  --    
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