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2003 FULL-TIME MBA PROFILE
Boston University
School of Management

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


Address: Boston University School of Management
595 Commonwealth Avenue
Boston, MA 02215
E-Mail: mba@bu.edu
Web site: http://management.bu.edu/
Directions to school


ENROLLMENT

2003/2004 Classes begin: Sept. 3, 2003
Jan. 12, 2004

Year program was founded: 1925

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 908
Full-time MBA students 335
Part-time MBA students 392
Distance learning MBA students n/a
EMBA students 62
PhD program students n/a
 
Current total undergraduate business school enrollment 1,734
 
Change in full-time class size in last 12 months -28%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 32%
International students (1) 39%
Married students n/a

For U.S. schools only:
African-American students 4%
Asian-American students 13%
Hispanic-American students 0%
Native American students 0%
White (non-Hispanic) students 44%

Students from the following regions:
Africa 0%
Asia 33%
Eastern Europe, Central Europe and Central Asia 0%
Latin America and the Carribean 6%
Middle East 2%
North America
 (Canada: 0% / U.S.: 100%)
56%
Oceania 0%
Western Europe 3%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 4%
Midwest U.S. 2%
Northeast U.S. 78%
South U.S. 2%
Southwest U.S. 2%
U.S. Possessions and territories 0%
West U.S. 8%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 666
Range (middle 80%) 600 - 710

TOEFL Scores
Average TOEFL score 634
Minimum TOEFL score required 600

Work Experience (months)
Average 48
Range (middle 80%) 12 - 84
Enrolled students with one year or less of work experience 6%

Student Age (years)
Average 26
Range (middle 80%) 22 - 31

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $95

Application fee (nonresident): $95

914 people applied to the full-time MBA program in 2003. The school accepted 38% (selectivity) of those applicants, and 39% of admitted applicants (yield) enrolled in the program.

The B-school placed 187 applicant(s) on its wait list, from which 31 ultimately enrolled in the program. 1% of applicants had applied in prior years, and of those reapplicants 50% were accepted.

Applicant Profile:
Female applicants 41%
International applicants (1) 49%
Underrepresented minority (2) applicants 32%
Applicants with one year or less work experience 30%

Interviews for MBA applicants are:
By invitation only

In 2003, the B-school interviewed 19% of its full-time MBA applicants, and 29% 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 $56,220
Nonresident $56,220
 
Expected monthly rent $1,146
Recommended annual budget (Resident) (1) $44,160
Recommended annual budget (Nonresident) $44,160

2003-2004 Application deadline(s)
All applicants: Jan. 5, 2004
International applicants: Feb. 15, 2004
Apr. 1, 2004

Rolling admissions? No

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
n/a

First-year MBAs:
Average financial aid package $27,288
Range (middle 80%) $10,000 - $44,160
Average first-year scholarship awards (not including loans) $16,490

Second-year MBAs:
Average financial aid package $22,683
Range (middle 80%) $6,000 - $44,160
Average second-year scholarship awards (not including loans) $5,430
 

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
n/a

2 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 2003 graduates: n/a

Financial aid Web site:
http://management.bu.edu/afo

(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.


CONTACTS

Dean Louis Lataif
Hired as of Sept. 1991
 
Program director Katherine Nolan
 
Admissions director Evelyn Tate
 
Financial aid director Evelyn Tate
 
Career services director Jennifer Lawrence
 
Alumni relations director Ruth Ann Murray


 
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BOSTON UNIV. INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays

BOSTON UNIV. PROFILES
Full-time '04 | '03 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03 | '01

BOSTON UNIV. INFO
Placement Q&A '04
Video Views
Search for articles about Boston Univ.

BOSTON UNIV. RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Third tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Third tier    1988:  --    
1996:  Third tier    
BW ranking history

EMBA rank:
2003:  --    1997:  --    
2001:  22    1993:  --    
1999:  --    



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