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2002 FULL-TIME MBA PROFILE
University of Wisconsin-Madison
School of Business
ENROLLMENT
2002/2003 Classes begin:
Sept. 3, 2002
Year program was founded: 1944
Institution is: U.S., Public
Length of program: 21 months
Total graduate enrollment 701
Full-time 355
Part-time MBA students (on-campus) 115
Part-time MBA students (distance program) 0
EMBA 63
PhD program 74
Current total undergraduate business school enrollment 1,340
Increase in full-time students during last 12 months 9%
STUDENT PROFILE
Female students in class 30%
International students (1) 32%
Underrepresented minority (2) students 13%
Married 14%
Percent students from following regions:
Africa 1%
Asia 22%
Central/South America, Mexico 2%
Eastern Europe 1%
Middle East 2%
North America
(Canada: 2% / U.S.: 98% ) 70%
Oceania 1%
Western Europe 1%
North American students by region:
Canada 2%
Mid-Atlantic U.S. 4%
Midwest U.S. 71%
Northeast U.S. 5%
South U.S. 4%
Southwest U.S. 5%
U.S. Possessions and territories 2%
West U.S. 9%
(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 632
Range (middle 80%) 550 - 730
TOEFL Scores*
Mean TOEFL score 628
Minimum TOEFL score required 600
Work Experience (months)
Average 55
Range (middle 80%) 13 - 94
Enrolled students with one year or less of work experience 9%
Student Age (years)
Average 28
Range (middle 80%) 24 - 34
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): $45
Application fee (non resident): $45
1,123 people applied to the full-time MBA program in 2002. The school accepted 27% (selectivity) of those applicants, and 55% of admitted applicants (yield) enrolled in the program.
The B-school placed n/a applicant(s) on its wait list, from which n/a 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 33%
International applicants (1) 70%
Underrepresented minority (2) applicants 5%
Applicants with one year or less work experience 7%
Interviews for MBA applicants are:
By invitation only
In 2002, the B-school interviewed 30% of its full-time MBA applicants, and 25% 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 $17,804
Nonresident $48,736
Expected monthly rent $500
Recommended annual budget (1) $35,000
Application deadline(s)
Jan. 10, 2003
Feb. 10, 2003
Mar. 10, 2003
Apr. 10, 2003
Rolling admissions?
Yes
Financial aid deadline(s):
Feb. 15, 2003
First-year MBAs:
Average financial aid package $20,054
Range (middle 80%) $100 - $37,832
Average first-year scholarship awards (not including loans) $6,600
Second-year MBAs:
Average financial aid package $17,541
Range (middle 80%) $250 - $34,556
Average second-year scholarship awards (not including loans) $2,000
Full-time MBAs receiving financial aid through B-school 62%
Graduate assistantships offered to qualifying MBAs? Yes
Scholarships are merit or need based?
Merit-based
224 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:
http://www.bus.wisc.edu/graduateprograms
(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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