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2003 FULL-TIME MBA PROFILE
Illinois Institute of Technology
Stuart Graduate School of Business

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


Address: 565 W. Adams St.
Chicago, IL 60661-3691
E-Mail: admissions@stuart.iit.edu
Web site: http://www.stuart.iit.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Jan. 5, 2004
Mar. 29, 2004
June 14, 2004
July 19, 2004

Year program was founded: 1971

Institution is: U.S., n/a

Length of program: n/a


Total graduate enrollment 600
Full-time MBA students 107
Part-time MBA students 94
Distance learning MBA students n/a
EMBA students n/a
PhD program students 16
 
Current total undergraduate business school enrollment n/a
 
Change in full-time class size in last 12 months 4%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 38%
International students (1) 65%
Married students n/a

For U.S. schools only:
African-American students 10%
Asian-American students 15%
Hispanic-American students 6%
Native American students 1%
White (non-Hispanic) students 45%

Students from the following regions:
Africa 1%
Asia 75%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Carribean 0%
Middle East 0%
North America
 (Canada: n/a / U.S.: n/a  )
13%
Oceania 0%
Western Europe n/a

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 97%
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 2%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 546
Range (middle 80%) n/a - n/a

TOEFL Scores
Average TOEFL score 600
Minimum TOEFL score required 600

Work Experience (months)
Average n/a
Range (middle 80%) 24 - 60
Enrolled students with one year or less of work experience 18%

Student Age (years)
Average 32
Range (middle 80%) 23 - 33

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $75

Application fee (nonresident): $75

310 people applied to the full-time MBA program in 2003. The school accepted 77% (selectivity) of those applicants, and 26% of admitted applicants (yield) enrolled in the program.

The B-school placed 0 applicant(s) on its wait list, from which 0 ultimately enrolled in the program. 2% of applicants had applied in prior years, and of those reapplicants 80% were accepted.

Applicant Profile:
Female applicants 40%
International applicants (1) 85%
Underrepresented minority (2) applicants 15%
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
Recommended

In 2003, the B-school interviewed 40% of its full-time MBA applicants, and 80% 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 $20,574
Nonresident $20,574
 
Expected monthly rent $800
Recommended annual budget (Resident) (1) $31,174
Recommended annual budget (Nonresident) $31,174

2003-2004 Application deadline(s)
All applicants: Apr. 1, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
All applicants: Apr. 4, 2004

2003-2004 Financial aid deadline(s):
All applicants: Apr. 1, 2004

First-year MBAs:
Average financial aid package $2,967
Range (middle 80%) $1,980 - $3,855
Average first-year scholarship awards (not including loans) n/a

Second-year MBAs:
Average financial aid package n/a
Range (middle 80%) $1,980 - $3,855
Average second-year scholarship awards (not including loans) n/a
 

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Scholarships are Merit-based

0 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:
n/a

(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 Timothy C. Preheim
Hired as of June 2002
 
Program director Suzanne Weiss
 
Admissions director Ryan Kelsey
 
Financial aid director n/a
 
Career services director Claire Kelly Finando
 
Alumni relations director Ronald Litke


 
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