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2003 EXECUTIVE MBA PROFILE
Virginia Commonwealth University
School of Business— Fast Track Executive MBA

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


Address: School of Business
PO Box 844000
Richmond, VA 23284
E-Mail: fastrack@vcu.edu
Website: http://www.bus.vcu.edu/EMBA


ENROLLMENT

2003/2004 Classes begin: Aug. 15, 2003

Year program was founded: 1994

Institution is public or private? Public


Total graduate enrollment 507
EMBA 75
Full-time MBA 67
Part-time MBA 174

Length of program: 21 months

Change in EMBA class size in past 12 months: 0%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 28%
International students (1) 20%
Married students 75%
African-American students 13%
Asian-American students 10%
Hispanic-American students 5%
Native-American students 0%
White (Non-Hispanic) students 73%

Students from following regions:
Africa 3%
Asia 8%
Eastern and Central Europe and Central Asia 3%
Latin America and the Caribbean n/a
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
n/a
Western Europe n/a
Oceania n/a

Students from the following function categories:
Consulting 5%
Finance/Accounting 15%
General Management 8%
Human Resources 3%
Marketing/Sales 10%
Management Information Systems 10%
Operations/Logistics 40%
Other 10%

Students from the following industries:
Government 15%
Manufacturing 30%
Non-Profit 3%
Services 35%
Other 17%

(1) Students from countries other than the school's home country.


TOP CORPORATE CUSTOMERS

Top five organizations that sent the most participants to EMBA program in last 5 years:
Phillip Morris
Capital One
DuPont
Hamilton Beach/Proctor Silex


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 575
Range (middle 80%) 510 - 620

TOEFL Scores
Average score n/a
Minimum score required n/a

Work Experience (months)
Average 162
Range (middle 80%) 84 - 264

Student Age (years)
Average 36
Range (middle 80%) 29 - 44

Work Background
Students with advanced degrees 20%
Students from nonprofit sector 3%
Students from organization with fewer than 100 employees 15%
Students titled president, CEO, or chairman 5%

Travel Distance
Students living within 45 miles of the school 87%

Salary
Average $75,000
Range (middle 80%) $60,000 - $125,000


2003 GRADUATES REPORT

Editor's Note: Based on responses to BusinessWeek's 2003 survey of EMBA graduates.

Functional areas represented in graduating class:
Accounting n/a
Finance n/a
Human Resources n/a
Manufacturing n/a
Marketing 7%
Operations 21%
Strategy 14%
Supply Chain n/a
Other 57%


Average years of management experience: 6.9

Avg. No. of employees EMBAs manage at work: 48.4

Percent of program employer paid for:
Nothing 21%
0-20% 21%
21-40% n/a
41-60% n/a
61-80% 7%
81-99% n/a
100% 50%

Average No. of EMBA programs students applied to: 1.3

Average No. of EMBA programs students were accepted to: 1.2

Salary at start of EMBA program:
Under $50K 8%
$51-75K 42%
$76-100K 50%
$101-125K n/a
$126-150K n/a
$151-200K n/a
Over $200K n/a


Average increase at end of EMBA program: 16%


ADMISSIONS

Application fee
Resident: $50
Non-resident $50

70 people applied to the EMBA program in 2003. The school accepted 75% (selectivity) of those applicants, and 85% of admitted applicants (yield) enrolled in the program.

The B-school placed 2 applicant(s) on its wait list, from which 1 ultimately accepted.

Interviews for EMBA applicants are:
Required

In 2003, the B-school interviewed 100% of its EMBA applicants, and 100% of its admitted applicants.


INVESTMENT AND DEADLINES

Estimated total (not annual) cost of EMBA program
Resident $35,100
Nonresident n/a

Application deadline(s):
All applicants - Mar. 15, 2004
All applicants - Apr. 15, 2004
All applicants - May 15, 2004


Rolling Admissions? No

Deadline for scheduling an interview:


Financial aid deadline(s):
All applicants - Aug. 1, 2003

EMBAs whose education is 100% funded by employer: 30% (school reports)

EMBAs whose education is partially funded by employer: 53% (school reports)

EMBAs receiving financial aid through the school: 18%

n/a Number of full-tuition scholarships awarded by school in past 12 months: n/a

Guaranteed loan offered, regardless of nationality? (1) No

Maximum amount students can borrow: $18,500

Average outstanding loans for 2003 graduates $50

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


CONTACTS

Dean Michael Sesnowitz
Hired as of July 2000
 
EMBA program director William J. Miller
 
EMBA admissions director n/a
 
EMBA financial aid director n/a
 
EMBA career services director n/a


 
EMBA Rankings

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VIRGINIA COMMONWEALTH PROFILES
Full-time '02 | '01
Part-time '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03 | '01

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