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DESIGN & INNOVATION PROGRAMS
2003 DISTANCE LEARNING MBA PROFILE
Worcester Polytechnic Institute
Department of Management High-Tech MBA
ENROLLMENT
2003/2004 classes begin: Sept. 2, 2003
Jan. 19, 2004 Sept. 7, 2004
Year distance-learning program was founded: 1979
Institution is: U.S., Private
Total graduate enrollment 250
Distance-learning MBA students 45
Part-time MBA students (on-campus) 78
Full-time MBA students 11
Executive MBA students n/a
PhD program students n/a
Total undergraduate business school enrollment 250
Change in distance-learning program class size in past 12 months 0%
Distance-learning program completion rate 85%
If the distance-learning program has a set program length, how long is it (months)? n/a
Average number of months to complete distance-learning program 48
Maximum number of months permitted to complete distance-learning program 96
School offers a separate full-time MBA program? Yes
Possible for students to change status from distance-learing to full-time? Yes
Are there specific locations from which students must attend program (i.e. satellite television receiving sites)? No
Program available to students from outside the country in which your program is located? Yes
STUDENT PROFILE - MOST RECENT ENTERING CLASS
Female students in class 28%
International students (1) 6%
Married students 59%
For U.S. schools only:
African-American students n/a
Asian-American students n/a
Hispanic-American students n/a
Native American students 6%
White (non-Hispanic) students 59%
Percent students from following regions:
Africa n/a
Asia 12%
Eastern and Central Europe and Central Asia 6%
Latin America and the Carribean 6%
Middle East n/a
North America
(Canada: n/a / U.S.: n/a ) 76%
Oceania n/a
Western Europe n/a
North American students by region:
Canada n/a
Mid-Atlantic U.S. 6%
Midwest U.S. 6%
Northeast U.S. 76%
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 12%
New students who live outside a 45-mile radius of the school 61%
(1) Students from countries other than the school's home country.
CLASS TRAITS - MOST RECENT ENTERING CLASS
GMAT Scores
Average 620
Range (middle 80%) 560 - 660
TOEFL Scores*
Average TOEFL score 623
Minimum TOEFL score required 550
Work Experience (months)
Average (months) 113
Range (months - middle 80%) 60 - 204
Enrolled students with one year or less work experience 0%
Applicants with one year or less work experience 0%
Student Age (years)
Average 34
Range (middle 80%) 25 - 43
Salary
Average salary of entering students $52,000
Range (middle 80%) $30,000 - $73,000
Entering students employed in the following function areas:
Consulting 10%
Finance/Accounting n/a
General Management 25%
Human Resources n/a
Marketing/Sales 15%
Management Information Systems 25%
Operations/Logistics 25%
Other n/a
Entering students employed in the following industries:
Government 5%
Manufacturing 30%
Non profit 10%
Services 55%
Other n/a
* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.
TOP CORPORATE CUSTOMERS
Organizations that send the most participants to the distance-learning MBA program:
Firm No. of Students
1. EMC Corp.
7
2. Raytheon Corp.
7
3. BAE Systems
5
4. Staples Inc.
4
5. Teradyne
4
6. Cisco Systems
3
7. Hewlett Packard
3
8. Saint-Gobain Abrasives, Inc.
3
9. U.S. Army Natick Soldier Center
3
10. Verizon
3
11. Allmerica Financial
2
12. ArQule, Inc.
2
13. BASF Bio Research Corp.
2
14. Bose Corp.
2
15. Mindspeed Technologies
2
ADMISSIONS
Application fee (resident): $70
Application fee (non resident): $70
20 people applied to the distance program in 2003. The school accepted 75% (selectivity) of those applicants, and 80% of admitted applicants (yield) enrolled in the program.
Interviews for applicants are:
By invitation only
In 2003, the B-school interviewed 25% of its distance-learning MBA applicants, and 100% of its admitted applicants.
INVESTMENT AND DEADLINES
Estimated TOTAL (not annual) cost of distance-learning MBA program (U.S. dollars):
Resident $42,042
Nonresident $42,042
Application Process
2003-2004 Application deadline(s)
All applicants: Dec. 1, 2003
Rolling admissions?
Yes
2003-2004 deadline(s) for scheduling an interview
All applicants: Nov. 15, 2003
2003-2004 Financial aid deadline(s):
n/a
FINANCIAL AID
Distance-learning MBAs whose education is partially covered by employer 80%
Distance-learning MBAs whose education is 100% covered by employer 20%
Average financial aid package $0
Range (middle 80%) $0 - $0
Scholarships are merit or need based?
n/a
Number of full-tuition scholarships awarded by school to distance-learning MBAs during the past 12 months 0
Does the school offer a guaranteed loan to its part-time MBAs? (1) No
Average outstanding loan for 2003 graduates n/a
Financial aid Web site:
http://www.wpi.edu/Admin/FA/
(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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