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2002 FULL-TIME MBA PROFILE
University at Albany State University of New York
School of business

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


Address: School of Business Office of Student Services
BA361 University of ALbany 1400 Washington Ave
Albany, NY 12222
E-Mail: busweb@albany.edu
Web site: http://www.albany.edu/business


ENROLLMENT

2002/2003 Classes begin: Sept. 1, 2003

Year program was founded: 1970

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 475
Full-time 100
Part-time MBA students (on-campus) 325
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 12
 
Current total undergraduate business school enrollment 940
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 45%
International students (1) 38%
Underrepresented minority (2) students 7%
Married n/a

Percent students from following regions:
Africa 2%
Asia 29%
Central/South America, Mexico 0%
Eastern Europe 5%
Middle East n/a
North America
 (Canada: 0% / U.S.: 100%)
62%
Oceania 0%
Western Europe 2%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 5%
Midwest U.S. 2%
Northeast U.S. 91%
South U.S. n/a
Southwest U.S. n/a
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 570
Range (middle 80%) 520 - 620

TOEFL Scores*
Mean TOEFL score 610
Minimum TOEFL score required 600

Work Experience (months)
Average 32
Range (middle 80%) 6 - 60
Enrolled students with one year or less of work experience 17%

Student Age (years)
Average 25
Range (middle 80%) 22 - 29

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): $50

Application fee (non resident): $50

342 people applied to the full-time MBA program in 2002. The school accepted 30% (selectivity) of those applicants, and 39% of admitted applicants (yield) enrolled in the program.

The B-school placed 15 applicant(s) on its wait list, from which 6 ultimately enrolled in the program. 1% of applicants had applied in prior years, and of those reapplicants 85% were accepted.

Applicant Profile:
Female applicants n/a
International applicants (1) n/a
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience 22%

Interviews for MBA applicants are:
By invitation only

In 2002, the B-school interviewed 10% of its full-time MBA applicants, and 50% 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 $12,010
Nonresident $18,642
 
Expected monthly rent $450
Recommended annual budget (1) $24,000

Application deadline(s) Mar. 1, 2003


Rolling admissions? Yes

Financial aid deadline(s): Mar. 1, 2002

First-year MBAs:
Average financial aid package $9,375
Range (middle 80%) $6,250 - $12,500
Average first-year scholarship awards (not including loans) $9,375

Second-year MBAs:
Average financial aid package $9,375
Range (middle 80%) $6,250 - $12,500
Average second-year scholarship awards (not including loans) $9,375
 
Full-time MBAs receiving financial aid through B-school 38%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based

3 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: $10,000

Financial aid web-site:
http://www.albany.edu/financial_aid/

(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 Highfield
Hired as of Sept. 1, 1999
 
MBA program director Linda Krzykowski
 
MBA admissions director Albina Grignon
 
MBA financial aid director Dennis Tillman
 
MBA career services director John Levato
 
Alumni relations director John Levato


 
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