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2003 FULL-TIME MBA PROFILE
Wake Forest University
Babcock Graduate School of Management

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


Address: P. O. Box 7659
Winston-Salem, NC 27109-7659
E-Mail: admissions@mba.wfu.edu
Web site: http://www.mba.wfu.edu
Directions to school


ENROLLMENT

2003/2004 Classes begin: Aug. 18, 2003

Year program was founded: 1969

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 554
Full-time MBA students 226
Part-time MBA students 217
Distance learning MBA students n/a
EMBA students 111
PhD program students n/a
 
Current total undergraduate business school enrollment n/a
 
Change in full-time class size in last 12 months 0%


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 30%
International students (1) 20%
Married students 40%

For U.S. schools only:
African-American students 5%
Asian-American students 3%
Hispanic-American students 4%
Native American students n/a
White (non-Hispanic) students 59%

Students from the following regions:
Africa n/a
Asia 13%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Carribean 1%
Middle East n/a
North America
 (Canada: 1% / U.S.: 99%)
81%
Oceania n/a
Western Europe 4%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 19%
Midwest U.S. 2%
Northeast U.S. 9%
South U.S. 36%
Southwest U.S. 7%
U.S. Possessions and territories n/a
West U.S. 7%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores
Average 643
Range (middle 80%) 580 - 710

TOEFL Scores
Average TOEFL score 635
Minimum TOEFL score required 600

Work Experience (months)
Average 42
Range (middle 80%) 0 - 80
Enrolled students with one year or less of work experience 18%

Student Age (years)
Average 26
Range (middle 80%) 23 - 30

Salary
Average annual pay forgone to enter program $46,915



ADMISSIONS

Application fee (resident): $75

Application fee (nonresident): $75

562 people applied to the full-time MBA program in 2003. The school accepted 46% (selectivity) of those applicants, and 41% 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. 1% of applicants had applied in prior years, and of those reapplicants 100% were accepted.

Applicant Profile:
Female applicants 28%
International applicants (1) 47%
Underrepresented minority (2) applicants 9%
Applicants with one year or less work experience 19%

Interviews for MBA applicants are:
Required

In 2003, the B-school interviewed 42% of its full-time MBA applicants, and 68% 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 $53,250
Nonresident $53,250
 
Expected monthly rent $400
Recommended annual budget (Resident) (1) $39,385
Recommended annual budget (Nonresident) $39,385

2003-2004 Application deadline(s)
Dec. 1, 2003
Feb. 1, 2004
Apr. 1, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
All applicants: Dec. 1, 2003
All applicants: Feb. 1, 2004
All applicants: Apr. 1, 2004

2003-2004 Financial aid deadline(s):
n/a

First-year MBAs:
Average financial aid package $20,533
Range (middle 80%) $5,000 - $39,800
Average first-year scholarship awards (not including loans) $12,375

Second-year MBAs:
Average financial aid package $19,793
Range (middle 80%) $4,000 - $38,300
Average second-year scholarship awards (not including loans) $11,354
 

Graduate assistantships offered to qualifying MBAs? No

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

10 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: $56,685

Financial aid Web site:
http://www.mba.wfu.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 Ajay Patel
Hired as of Aug. 2003
 
Program director Ken Middaugh
 
Admissions director Stacy Poindexter Owen
 
Financial aid director Donna Agee
 
Career services director Ned Tobey
 
Alumni relations director Melissa Combes


 
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