2,540 people applied to the full-time MBA program in 2002. The school accepted 21% (selectivity) of those applicants, and 51% of admitted applicants (yield) enrolled in the program.
The B-school placed 300 applicant(s) on its wait list, from which 25 ultimately enrolled in the program. 4% of applicants had applied in prior years, and of those reapplicants 25% were accepted.
Applicant Profile:
Female applicants
34%
International applicants (1)
39%
Underrepresented minority (2) applicants
14%
Applicants with one year or less work experience
1%
Interviews for MBA applicants are:
Recommended By invitation only
In 2002, the B-school interviewed 20% of its full-time MBA applicants, and 96% 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
$63,360
Nonresident
$63,360
Expected monthly rent
$750
Recommended annual budget (1)
$47,267
Application deadline(s)
n/a
Rolling admissions?
No
Financial aid deadline(s):
n/a
First-year MBAs:
Average financial aid package
$43,000
Range (middle 80%)
$2,500
-
$47,000
Average first-year scholarship awards (not including loans)
$22,500
Second-year MBAs:
Average financial aid package
$37,000
Range (middle 80%)
$2,500
-
$4,200
Average second-year scholarship awards (not including loans)
$20,000
Full-time MBAs receiving financial aid through B-school
75%
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: $60,000
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.