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2003 FULL-TIME MBA PROFILE
University of Miami
School of Business Administration

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


Address: 5250 University Drive
Jenkins Building #221
Coral Gables, FL 33146
E-Mail: mba@miami.edu
Web site: http://www.bus.miami.edu/grad


ENROLLMENT

2003/2004 Classes begin: Aug. 22, 2004

Year program was founded: 1948

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 1,069
Full-time MBA students 302
Part-time MBA students 100
Distance learning MBA students n/a
EMBA students 493
PhD program students 17
 
Current total undergraduate business school enrollment 2,050
 
Change in full-time class size in last 12 months n/a


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 23%
International students (1) 37%
Married students n/a

For U.S. schools only:
African-American students 8%
Asian-American students 19%
Hispanic-American students 23%
Native American students 0%
White (non-Hispanic) students 47%

Students from the following regions:
Africa 1%
Asia 13%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Carribean 11%
Middle East 1%
North America
 (Canada: 0% / U.S.: 100%)
66%
Oceania 0%
Western Europe 7%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 68%
Midwest U.S. 3%
Northeast U.S. 5%
South U.S. 6%
Southwest U.S. 5%
U.S. Possessions and territories 0%
West U.S. 0%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 602
Range (middle 80%) 554 - 660

TOEFL Scores
Average TOEFL score 609
Minimum TOEFL score required 550

Work Experience (months)
Average 36
Range (middle 80%) 0 - 48
Enrolled students with one year or less of work experience 41%

Student Age (years)
Average 26
Range (middle 80%) 23 - 28

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $50

Application fee (nonresident): $50

502 people applied to the full-time MBA program in 2003. The school accepted 59% (selectivity) of those applicants, and 42% 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. n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

Applicant Profile:
Female applicants 33%
International applicants (1) 37%
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
Recommended

In 2003, the B-school interviewed n/a of its full-time MBA applicants, and n/a 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 $51,552
Nonresident $51,552
 
Expected monthly rent $540
Recommended annual budget (Resident) (1) $38,491
Recommended annual budget (Nonresident) $38,491

2003-2004 Application deadline(s)
International applicants: June 30, 2004
July 30, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
All applicants: July 1, 2004

2003-2004 Financial aid deadline(s):
Mar. 1, 2004

First-year MBAs:
Average financial aid package $24,781
Range (middle 80%) $300 - $56,615
Average first-year scholarship awards (not including loans) $4,793

Second-year MBAs:
Average financial aid package $23,337
Range (middle 80%) $657 - $54,848
Average second-year scholarship awards (not including loans) $4,000
 

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: $37,271

Financial aid Web site:
http://www.miami.edu/financial-assistance/

(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 Paul K. Sugrue
Hired as of May 1992
 
Program director Lori Pryor
 
Admissions director Ania Nozewnik-Green
 
Financial aid director James Bauer
 
Career services director Matthew Beekhuizen
 
Alumni relations director Faye Harris


 
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