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2003 FULL-TIME MBA PROFILE
Rensselaer Polytechnic Institute
Lally School of Management and Technology

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


Address: 110 8th Street
PI 3218
Troy, NY 12180
E-Mail: lallymba@rpi.edu
Web site: http://lallyschool.rpi.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 25, 2003

Year program was founded: 1974

Institution is: U.S., Private

Length of program: 24 months


Total graduate enrollment 993
Full-time MBA students 62
Part-time MBA students 251
Distance learning MBA students 39
EMBA students 32
PhD program students 40
 
Current total undergraduate business school enrollment 377
 
Change in full-time class size in last 12 months n/a


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 29%
International students (1) 43%
Married students n/a

For U.S. schools only:
African-American students 0%
Asian-American students 11%
Hispanic-American students 0%
Native American students 0%
White (non-Hispanic) students 39%

Students from the following regions:
Africa 0%
Asia 30%
Eastern Europe, Central Europe and Central Asia 0%
Latin America and the Carribean 3%
Middle East 0%
North America
 (Canada: 3% / U.S.: 97%)
64%
Oceania 0%
Western Europe 3%

North American students by region:
Canada 3%
Mid-Atlantic U.S. 8%
Midwest U.S. 0%
Northeast U.S. 47%
South U.S. 0%
Southwest U.S. 3%
U.S. Possessions and territories 0%
West U.S. 3%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 643
Range (middle 80%) 590 - 710

TOEFL Scores
Average TOEFL score 623
Minimum TOEFL score required 600

Work Experience (months)
Average 60
Range (middle 80%) 0 - 124
Enrolled students with one year or less of work experience 11%

Student Age (years)
Average 29
Range (middle 80%) 25 - 37

Salary
Average annual pay forgone to enter program n/a



ADMISSIONS

Application fee (resident): $50

Application fee (nonresident): $50

117 people applied to the full-time MBA program in 2003. The school accepted 55% (selectivity) of those applicants, and 43% 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. 3% of applicants had applied in prior years, and of those reapplicants 100% were accepted.

Applicant Profile:
Female applicants 27%
International applicants (1) 54%
Underrepresented minority (2) applicants 5%
Applicants with one year or less work experience 29%

Interviews for MBA applicants are:
Recommended

In 2003, the B-school interviewed 59% 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 $57,624
Nonresident $57,624
 
Expected monthly rent $625
Recommended annual budget (Resident) (1) $39,392
Recommended annual budget (Nonresident) $39,392

2003-2004 Application deadline(s)
All applicants: Jan. 15, 2004
All applicants: Mar. 15, 2004
All applicants: May 15, 2004

Rolling admissions? Yes

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

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

First-year MBAs:
Average financial aid package $29,599
Range (middle 80%) $27,700 - $39,717
Average first-year scholarship awards (not including loans) $29,599

Second-year MBAs:
Average financial aid package $32,792
Range (middle 80%) $12,017 - $39,717
Average second-year scholarship awards (not including loans) $32,792
 

Graduate assistantships offered to qualifying MBAs? Yes

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

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://www.rpi.edu/dept/srfs/Fin617.html

(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 Dr. Denis Fred Simon
Hired as of July 2002
 
Program director Christine Johanessen (acting)
 
Admissions director Frank Mendelson
 
Financial aid director Jim Stevenson
 
Career services director Therese Stillman
 
Alumni relations director Jeffrey Schanz


 
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