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2003 FULL-TIME MBA PROFILE
The University of Iowa
Henry B. Tippie College of Business and School of Management

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


Address: 108 John Pappajohn Business Building, Ste. C140
Henry B. Tippie College of Business
Iowa City, IA 52242-1000
E-Mail: tippiemba@uiowa.edu
Web site: http://www.biz.uiowa.edu


ENROLLMENT

2003/2004 Classes begin: Aug. 25, 2003

Year program was founded: 1959

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 1,130
Full-time MBA students 155
Part-time MBA students 715
Distance learning MBA students n/a
EMBA students 143
PhD program students 105
 
Current total undergraduate business school enrollment 1,479
 
Change in full-time class size in last 12 months 13%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 28%
International students (1) 39%
Married students n/a

For U.S. schools only:
African-American students 2%
Asian-American students 2%
Hispanic-American students 1%
Native American students 0%
White (non-Hispanic) students 52%

Students from the following regions:
Africa 1%
Asia 32%
Eastern Europe, Central Europe and Central Asia 3%
Latin America and the Carribean 1%
Middle East 0%
North America
 (Canada: 2% / U.S.: 98%)
63%
Oceania 0%
Western Europe 0%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 2%
Midwest U.S. 83%
Northeast U.S. 2%
South U.S. 0%
Southwest U.S. 0%
U.S. Possessions and territories 0%
West U.S. 11%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 637
Range (middle 80%) 570 - 710

TOEFL Scores
Average TOEFL score 624
Minimum TOEFL score required 600

Work Experience (months)
Average 53
Range (middle 80%) 6 - 108
Enrolled students with one year or less of work experience 15%

Student Age (years)
Average 28
Range (middle 80%) 24 - 33

Salary
Average annual pay forgone to enter program $35,741



ADMISSIONS

Application fee (resident): $50

Application fee (nonresident): $75

338 people applied to the full-time MBA program in 2003. The school accepted 45% (selectivity) of those applicants, and 49% 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 program. 2% of applicants had applied in prior years, and of those reapplicants 71% were accepted.

Applicant Profile:
Female applicants 25%
International applicants (1) 68%
Underrepresented minority (2) applicants 2%
Applicants with one year or less work experience 11%

Interviews for MBA applicants are:
Required

In 2003, the B-school interviewed 64% of its full-time MBA applicants, and 100% 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 $21,368
Nonresident $37,992
 
Expected monthly rent $400
Recommended annual budget (Resident) (1) $10,156
Recommended annual budget (Nonresident) $10,156

2003-2004 Application deadline(s)
International applicants: Apr. 15, 2004
July 15, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
July 15, 2004
International applicants: May 31, 2004

2003-2004 Financial aid deadline(s):
All applicants: Jan. 15, 2004
All applicants: Mar. 1, 2004
All applicants: Apr. 15, 2004

First-year MBAs:
Average financial aid package $10,934
Range (middle 80%) $1,500 - $21,623
Average first-year scholarship awards (not including loans) $2,900

Second-year MBAs:
Average financial aid package $7,433
Range (middle 80%) $750 - $21,435
Average second-year scholarship awards (not including loans) $2,625
 

Graduate assistantships offered to qualifying MBAs? Yes

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: $30,500

Financial aid Web site:
http://www.biz.uiowa.edu/fulltimemba/finaid

(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 Gary C. Fethke
Hired as of July 1994
 
Program director Gary Gaeth, Associate Dean MBA Programs
 
Admissions director Mary Spreen
 
Financial aid director Mary Spreen
 
Career services director Kathie Decker
 
Alumni relations director NA


 
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Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
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1996:  Second tier    
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