BW Online: 2003 Part-Time MBA Profile: New York University

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2003 PART-TIME MBA PROFILE
New York University
Leonard N. Stern School of Business — The Langone Program: A Part-time MBA for Working Professionals

Sections:

Getting In

Faculty/Academics

Next Step & Alumni Affairs

Address:		44 West 4th Street New York, NY 10012
E-Mail:		sternmba@stern.nyu.edu
Web site:		http://www.stern.nyu.edu

ENROLLMENT

2003/2004 classes begin:

Sept. 20, 2003
Feb. 9, 2004

Year part-time program was founded: n/a

Institution is: U.S., Private

Total graduate enrollment	2,812
Part-time MBA students	1,735
Distance-learning MBA students	n/a
Full-time MBA students	784
Executive MBA students	174
PhD program students	100
Total undergraduate business school enrollment	2,228

Change in part-time MBA class size in past 12 months	n/a

Average number of months to complete part-time program	36

Maximum number of months permitted to complete part-time program	72

Part-time program completion rate	n/a

School offers a separate full-time MBA program?	Yes

Possible for students to change status from part-time to full-time? No

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class	33%
International students (1)	10%
Married students	30%
For U.S. schools only:
African-American students	3%
Asian-American students	16%
Hispanic-American students	5%
Native American students	0%
White (non-Hispanic) students	61%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores

Average	673
Range (middle 80%)	620	-	730

TOEFL Scores*

Average TOEFL score	n/a
Minimum TOEFL score required	600

Work Experience (months)

Average	58
Range (middle 80%)	26	-	94
Enrolled students with one year or less work experience	1%
Applicants with one year or less work experience	n/a

Student Age (years)

Average	28
Range (middle 80%)	24	-	31

Salary

Average salary of entering students	$71,573
Range (middle 80%)	$44,000	-	$100,000

* Paper based equivalent. See TOEFL concordance table for computer-based score equivalents.

Graduates accepting jobs in the following function areas:

Consulting	n/a
Finance/Accounting	n/a
General Management	n/a
Human Resources	n/a
Marketing/Sales	n/a
Management Information Systems	n/a
Operations/Logistics	n/a
Other	n/a

Graduates accepting jobs in the following industries:

Government	n/a
Manufacturing	n/a
Non-Profit	n/a
Services	n/a
Other	n/a

TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the part-time MBA program:

Firm	No. of Students
1. Goldman Sachs	n/a
2. Morgan Stanley	n/a
3. UBS Financial Services	n/a
4. Deutsche Bank	n/a
5. Pfizer	n/a
6. Prudential Securities	n/a
7. Credit Suisse First Boston	n/a
8. IBM	n/a
9. Citigroup	n/a
10. General Electric	n/a
11. J.P. Morgan Chase	n/a
12. Lehman Brothers	n/a
13. Bear Sterns	n/a
14. Consolidated Edison.; Ernst & Young	n/a
15. KPMG; Merck & Co	n/a

ADMISSIONS

Application fee (resident): $175
Application fee (nonresident): $175

981 people applied to the part-time MBA program in 2003. The school accepted 44% (selectivity) of those applicants, and 88% 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 semester for which they applied.

Interviews for applicants are:
By invitation only

In 2003, the B-school interviewed 2% of its part-time MBA applicants, and 3% of its admitted applicants.

INVESTMENT AND DEADLINES

Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars):
Resident	$74,400
Nonresident	$74,400

2003-2004 Application deadline(s) All applicants: May 15, 2004 All applicants: Sept. 15, 2004
Rolling admissions? Yes
2003-2004 deadline(s) for scheduling an interview n/a
2003-2004 Financial aid deadline(s): All applicants: Apr. 1, 2004 All applicants: Sept. 1, 2004

FINANCIAL AID

Part-time MBAs whose education is partially covered by employer		66%
Part-time MBAs whose education is 100% covered by employer		16%

Average financial aid package	$20,960
Range (middle 80%)	$0	-	$28,000

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

Number of full-tuition scholarships awarded by school to part-time MBAs during the past 12 months	2

Does the school offer a guaranteed loan to its part-time MBAs? (1)	Yes
Maximum amount students can borrow	n/a

Average outstanding loan for 2003 graduates	$52,590

Financial aid Web site:
http://www.stern.nyu.edu/mba/finaid

(1) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan

CONTACTS

Dean	Thomas F. Cooley
Hired as of	Aug. 2002

Program director	Kim Corfman

Admissions director	Anika Davis-Pratt

Financial aid director	Cathy Cashion

Career services director	Gary Fraser

Alumni relations director	Jeanne Marano

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STERN INSIDER CONTENT

Admissions Q&A

Admission Interview Tips

Sample Application Essays

School Tour

STERN PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03 | '01

STERN INFO
Admissions Q&A '02 | '99 | '97
Placement Q&A '03 | '00 | '98
Financial Aid Q&A '01 | '99 |
Search for articles about Stern

STERN RANKINGS
Full-time MBA rank:

2004:	13	1994:	16
2002:	15	1992:	15
2000:	13	1990:	17
1998:	13	1988:	18
1996:	14

BW ranking history

EMBA rank:

2003:	13	1997:	--
2001:	7	1993:	--
1999:	--

Exec Ed rank:

2003:	19	1997:	--
2001:	--	1993:	--
1999:	--	1991:	--

Sections:

Getting In

Faculty/Academics

Next Step & Alumni Affairs

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