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2002 FULL-TIME MBA PROFILE
Washington University in St. Louis
John M. Olin School of Business

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


Address: Campus Box 1133
1 Brookings Drive
Saint Louis, MO 63105-4899
E-Mail: mba@olin.wustl.edu
Web site: http://www.olin.wustl.edu


ENROLLMENT

2002/2003 Classes begin: Aug. 26, 2003

Year program was founded: 1953

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 1,002
Full-time 313
Part-time MBA students (on-campus) 354
Part-time MBA students (distance program) n/a
EMBA 283
PhD program 37
 
Current total undergraduate business school enrollment 777
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 22%
International students (1) 33%
Underrepresented minority (2) students 8%
Married 30%

Percent students from following regions:
Africa 1%
Asia 28%
Central/South America, Mexico 1%
Eastern Europe 2%
Middle East 0%
North America
 (Canada: 1% / U.S.: 99%)
67%
Oceania 0%
Western Europe 1%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 5%
Midwest U.S. 60%
Northeast U.S. 19%
South U.S. 8%
Southwest U.S. 4%
U.S. Possessions and territories 1%
West U.S. 4%

(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 - 710

TOEFL Scores*
Mean TOEFL score 627
Minimum TOEFL score required 590

Work Experience (months)
Average 66
Range (middle 80%) 25 - 120
Enrolled students with one year or less of work experience 4%

Student Age (years)
Average 29
Range (middle 80%) 25 - 34

Salary
Average annual pay forgone to enter program $53,008

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


ADMISSIONS

Application fee (resident): $100

Application fee (non resident): $100

1,083 people applied to the full-time MBA program in 2002. The school accepted 35% (selectivity) of those applicants, and 44% of admitted applicants (yield) enrolled in the program.

The B-school placed 217 applicant(s) on its wait list, from which 23 ultimately enrolled in the program. 6% of applicants had applied in prior years, and of those reapplicants 49% were accepted.

Applicant Profile:
Female applicants 28%
International applicants (1) 58%
Underrepresented minority (2) applicants 14%
Applicants with one year or less work experience 1%

Interviews for MBA applicants are:
Recommended

In 2002, the B-school interviewed 62% of its full-time MBA applicants, and 77% 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 $60,580
Nonresident $60,580
 
Expected monthly rent $650
Recommended annual budget (1) $51,822

Application deadline(s) Nov. 8, 2002
Jan. 10, 2003
Mar. 7, 2003
Apr. 25, 2003


Rolling admissions? No

Financial aid deadline(s): July 1, 2003

First-year MBAs:
Average financial aid package $36,000
Range (middle 80%) $4,000 - $52,000
Average first-year scholarship awards (not including loans) $11,200

Second-year MBAs:
Average financial aid package $44,000
Range (middle 80%) $4,000 - $64,000
Average second-year scholarship awards (not including loans) $10,559
 
Full-time MBAs receiving financial aid through B-school 65%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based

23 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) Yes

Maximum amount students can borrow: $54,822

Average outstanding loans for 2002 graduates: n/a

Financial aid web-site:
http://www.olin.wustl.edu/finaid

(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 Stuart I. Greenbaum
Hired as of July 1, 1995
 
MBA program director Joe Fox
 
MBA admissions director Brad Pearson
 
MBA financial aid director Cynthia Gregory
 
MBA career services director Greg Hutchings
 
Alumni relations director Karen Margo


 
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OLIN INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays
School Tour

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

OLIN INFO
Admissions Q&A '02 | '01 | '99 | '97
Placement Q&A '05 | '00 | '99
Financial Aid Q&A '99 |
Video Views Dean Greenbaum
B-School Calendar
Search for articles about Olin

OLIN RANKINGS
Full-time MBA rank:
2004:  23    1994:  --    
2002:  24    1992:  20    
2000:  23    1990:  --    
1998:  17    1988:  --    
1996:  16    
BW ranking history

EMBA rank:
2003:  17    1997:  --    
2001:  16    1993:  --    
1999:  --    



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

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