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2002 PART-TIME MBA PROFILE
Worcester Polytechnic Institute
Department of Management

Sections:  Getting In  | Faculty/Academics | Next Step & Alumni Affairs


Address: WPI Graduate Management Programs
100 Institute Road
Worcester, MA 01609
E-Mail: gmp@wpi.edu
Web site: http://www.mgt.wpi.edu


ENROLLMENT

2002/2003 classes begin: Sept. 3, 2002
Jan. 13, 2003

Year part-time program was founded: 1970

Institution is: U.S., Private


Total graduate enrollment 272
Part-time MBA students (on-campus) 100
Part-time MBA students (distance program) 60
Full-time MBA students 12
Executive MBA students n/a
PhD program students n/a
Total undergraduate business school enrollment 250
 
Change in part-time MBA class size in past 12 months 0%
 
Average number of months to complete part-time program 48
 
Maximum number of months permitted to complete part-time program 96
 
Part-time program completion rate 85%
 
School offers a full-time MBA program? Yes

Possible for students to change status from part-time to full-time? Yes

  At what point?
n/a


STUDENT PROFILE

Female students in class 28%
International students (1) 2%
Underrepresented minority (2) students 5%
Married students 70%

(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 607
Range (middle 80%) 550 - 650

TOEFL Scores*
Average TOEFL score 623
Minimum TOEFL score required 550

Work Experience
Average (months) 97
Range (months - middle 80%) 60 - 156
New entrants with one year or less work experience 1%
Applicants with one year or less work experience 3%

Student Age (years)
Average 34
Range (middle 80%) 27 - 40

Salary
Average salary of entering students $61,700
Range (middle 80%) $32,000 - $110,000

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

Entering students employed in the following fields:
Banking/Mortgage (Investment banking, etc.) 2%
Biotechnology and Pharmaceutical 8%
Computers, Hardware 15%
Computers, Software 8%
Consulting Services (management consulting, strategic planning, product management, etc.) 5%
Engineering 25%
Financial Services 5%
Healthcare, Other 2%
Information Technology 5%
Internet/E-Commerce/New Media 5%
Manufacturing/Operations and Production 8%
Marketing 5%
Military 2%
Science 2%
Telecommunications 3%


TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the part-time MBA program:
FirmNo. of Students
1. EMC Corp. 9
2. Raytheon Corp. 9
3. Teradyne 5
4. Fidelity Investments 4
5. Analog Devices 3
6. Intel Corp. 3
7. Mindspeed Technologies 3
8. Polaroid Corp. 3
9. Quantum Corp. 3
10. Saint-Gobain Abrasives, Inc. 3
11. Allmerica Financial 2
12. BASF 2
13. Bose Corp. 2
14. Cisco Systems 2
15. Verizon 2


ADMISSIONS

Application fee (resident): $60
Application fee (non resident): $60

80 people applied to the part-time MBA program in 2002. The school accepted 80% (selectivity) of those applicants, and 94% 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 30% of its part-time MBA applicants, and 29% of its admitted applicants.


INVESTMENT AND DEADLINES

Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars):
Resident $39,004
Nonresident $39,004

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): Dec. 1, 2002



FINANCIAL AID

Deadline(s) to apply:   n/a
Part-time MBAs whose education is partially covered by employer   95%
Part-time MBAs whose education is 100% covered by employer   20%
Part-time MBAs who received financial aid through the B-school   n/a

Average financial aid package n/a
Range (middle 80%) n/a - n/a

Scholarships are merit or need based?
n/a

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 n/a

Financial aid Web site:
n/a


(1) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan


CONTACTS

Dean Dr. McRae C. Banks
Hired as of n/a
 
MBA program director Norm Wilkinson
 
MBA admissions director Norm Wilkinson
 
MBA financial aid director n/a
 
MBA career services director Yvonne Harrison
 
Alumni relations director Beth Howland


 
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