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2002 PART-TIME MBA PROFILE
Loyola University Chicago
School of Business Administration Evening (full and part-time) MBA
ENROLLMENT
2002/2003 classes begin: Nov. 6, 2002
Feb. 13, 2003 May 15, 2003 Aug. 22, 2003
Year part-time program was founded: 1969
Institution is: U.S., Private
Total graduate enrollment 972
Part-time MBA students (on-campus) 599
Part-time MBA students (distance program) n/a
Full-time MBA students n/a
Executive MBA students 46
PhD program students n/a
Total undergraduate business school enrollment 1,170
Change in part-time MBA class size in past 12 months 10%
Average number of months to complete part-time program 42
Maximum number of months permitted to complete part-time program 60
Part-time program completion rate 73%
School offers a full-time MBA program? Yes
Possible for students to change status from part-time to full-time? Yes
STUDENT PROFILE
Female students in class 41%
International students (1) 16%
Underrepresented minority (2) students 11%
Married students n/a
(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 540
Range (middle 80%) 460 - 640
TOEFL Scores*
Average TOEFL score n/a
Minimum TOEFL score required 550
Work Experience
Average (months) n/a
Range (months - middle 80%) n/a - n/a
New entrants with one year or less work experience n/a
Applicants with one year or less work experience n/a
Student Age (years)
Average 28
Range (middle 80%) 25 - 35
Salary
Average salary of entering students n/a
Range (middle 80%) n/a - n/a
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
Entering students employed in the following fields:
n/a
TOP CORPORATE CUSTOMERS
Organizations that send the most participants to the part-time MBA program:
n/a
ADMISSIONS
Application fee (resident): $40
Application fee (non resident): $40
500 people applied to the part-time MBA program in 2002. The school accepted 80% (selectivity) of those applicants, and 50% 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 semester for which they applied.
Interviews for applicants are:
By invitation only
In 2002, the B-school interviewed n/a of its part-time MBA applicants, and n/a of its admitted applicants.
INVESTMENT AND DEADLINES
Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars):
Resident $37,300
Nonresident $37,300
Application Process
Does the part-time program offer rolling admissions?
Yes
Deadline(s) to schedule an interview:
n/a
Application deadlines (for the next class to be admitted):
Oct. 1, 2002
Jan. 1, 2003
Apr. 1, 2003
July 1, 2003
FINANCIAL AID
Deadline(s) to apply:
n/a
Part-time MBAs whose education is partially covered by employer n/a
Part-time MBAs whose education is 100% covered by employer n/a
Part-time MBAs who received financial aid through the B-school 31%
Average financial aid package $14,550
Range (middle 80%) $1,000 - $32,000
Scholarships are merit or need based?
Merit-based Need-based
Number of full-tuition scholarships awarded by school to part-time MBAs during the past 12 months 0
Does the school offer a guaranteed loan to its part-time MBAs? (1) No
Maximum amount students can borrow n/a
Average outstanding loan for 2002 graduates $14,000
Financial aid Web site:
http://www.luc.edu/finaid/
(1) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan
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