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2003 FULL-TIME MBA PROFILE
Michigan State University
Eli Broad Graduate School of Management

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


Address: 215 Eppley Center
Michigan State University
East Lansing, MI 48824
E-Mail: mba@msu.edu
Web site: http://www.mba.msu.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 23, 2004

Year program was founded: 1960

Institution is: U.S., Public

Length of program: 21 months


Total graduate enrollment 757
Full-time MBA students 205
Part-time MBA students 199
Distance learning MBA students n/a
EMBA students 117
PhD program students 69
 
Current total undergraduate business school enrollment 4,670
 
Change in full-time class size in last 12 months -9%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 28%
International students (1) 29%
Married students 36%

For U.S. schools only:
African-American students 9%
Asian-American students 7%
Hispanic-American students 4%
Native American students n/a
White (non-Hispanic) students 51%

Students from the following regions:
Africa n/a
Asia 18%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Carribean 7%
Middle East 2%
North America
 (Canada: 0% / U.S.: 100%)
71%
Oceania n/a
Western Europe 1%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 4%
Midwest U.S. 47%
Northeast U.S. 4%
South U.S. 1%
Southwest U.S. 5%
U.S. Possessions and territories 1%
West U.S. 9%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 646
Range (middle 80%) 500 - 760

TOEFL Scores
Average TOEFL score 637
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 24 - 108
Enrolled students with one year or less of work experience 6%

Student Age (years)
Average 28
Range (middle 80%) 25 - 33

Salary
Average annual pay forgone to enter program $48,896



ADMISSIONS

Application fee (resident): $85

Application fee (nonresident): $85

961 people applied to the full-time MBA program in 2003. The school accepted 25% (selectivity) of those applicants, and 40% of admitted applicants (yield) enrolled in the program.

The B-school placed 75 applicant(s) on its wait list, from which 1 ultimately enrolled in the program. 4% of applicants had applied in prior years, and of those reapplicants 9% were accepted.

Applicant Profile:
Female applicants 25%
International applicants (1) 69%
Underrepresented minority (2) applicants 3%
Applicants with one year or less work experience 7%

Interviews for MBA applicants are:
Required
By invitation only

In 2003, the B-school interviewed 47% 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 $31,824
Nonresident $44,512
 
Expected monthly rent $650
Recommended annual budget (Resident) (1) $29,230
Recommended annual budget (Nonresident) $35,330

2003-2004 Application deadline(s)
All applicants: Nov. 18, 2003
All applicants: Jan. 13, 2004
All applicants: Mar. 16, 2004
June 1, 2004

Rolling admissions? No

2003-2004 deadline(s) for scheduling an interview
All applicants: Oct. 17, 2003
All applicants: Dec. 12, 2003
All applicants: Feb. 13, 2004
Apr. 30, 2004

2003-2004 Financial aid deadline(s):
All applicants: Mar. 16, 2004

First-year MBAs:
Average financial aid package $11,469
Range (middle 80%) $3,000 - $26,000
Average first-year scholarship awards (not including loans) $6,685

Second-year MBAs:
Average financial aid package $10,450
Range (middle 80%) $2,500 - $19,218
Average second-year scholarship awards (not including loans) $5,916
 

Graduate assistantships offered to qualifying MBAs? Yes

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

35 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: $18,500

Average outstanding loans for 2003 graduates: $32,516

Financial aid Web site:
http://www.mba.msu.edu

(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 Robert B. Duncan
Hired as of Jan. 2002
 
Program director Jennifer Chizuk
 
Admissions director Esmeralda Cardenal
 
Financial aid director Esmeralda Cardenal
 
Career services director Helen Dashney
 
Alumni relations director Connie Lawson


 
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MICHIGAN STATE RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  23    1992:  --    
2000:  29    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
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