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2004 FULL-TIME MBA PROFILE
University of Arkansas
Sam M. Walton College of Business
Address: 475 Business Building
University of Arkansas
Fayetteville, AR 72701
E-Mail: gsb@walton.uark.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin July 1, 2004

Year program was founded 1930
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 12 months

Enrollment
Total graduate business students 287
Full-time MBA students 55
Part-time MBA students 89
Distance MBA students 0
Executive MBA students 0
PhD program students 47
Doctorate of Business Administration (DBA) students 0
 
Total undergraduate business students 3,164
 
Change in full-time class size in past academic year 0%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 32%
International students 1 29%
Married students 16%

For U.S. schools only:
African American students 4%
Alaskan Native of Pacific Islander American students 0%
Asian American students 4%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 0%
White (non-Hispanic) students 63%
Multiethnic/Multiracial students n/a
Not reported 0%
Other n/a

Students from the following regions:
Africa n/a
Asia 18%
Eastern Europe, Central Europe and Central Asia 2%
Latin America and the Caribbean 2%
Middle East 0%
North America
 (Canada: 2% / U.S.: 98%)
73%
Oceania 0%
Western Europe 5%

North American students by region:
Canada 2%
Mid-Atlantic U.S. n/a
Midwest U.S. 7%
Northeast U.S. n/a
South U.S. 81%
Southwest U.S. 10%
U.S. Possessions and territories n/a
West U.S. n/a

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average593603593
Median590600580
Range (middle 80%)530-680n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 617
Minimum TOEFL score required 550

Work Experience (months)
Average 30
Range (middle 80%) 0 - 84
New entrants with one year or less of work experience 56%

Student Age (years)
Average 26
Range (middle 80%) 22 - 32

Salary
Average base salary forgone to enter program $42,286


ADMISSIONS

Application fee (resident) $40
Application fee (nonresident) $50

105 people applied to the full-time MBA program in 2004. The school accepted 70% (selectivity) of those applicants, and 75% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity70%56%69%
Yield75%61%69%

6% of applicants had applied in prior years, and of those reapplicants 67% were accepted.

The B-school placed 0 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 39%
International applicants 1 36%

Interviews for MBA applicants are:
Not offered

In 2004, 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.

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$13,853$12,863$11,802
Nonresident$26,394$24,491$22,776
Expected monthly rent $400
Recommended annual budget (Resident) 1 $26,069
Recommended annual budget (Nonresident) $38,609

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Nov. 15, 2004
All applicants:  Feb. 15, 2005

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
n/a

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

80% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 99% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 5% received institutional scholarships, 87% received assistantships, and 95% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $15,388
Scholarships: Based on a combination of need and merit


0 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
As part of the admissions application
Separate scholarship application


Average scholarship awarded $0
Guaranteed loan offered? 2 No
Maximum amount students can borrow $18,500
Average outstanding loans for 2004 graduates $10,900

Financial aid Web site


(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 Doyle Z. Williams
Hired as of Sept. 1993
 
Program director Dr. Alan Ellstrand
 
Admissions director Michele Halsell
 
Financial aid director Ed Schroeder
 
Career services director Theres Stiefer
 
Alumni relations director Mike Macechko

 
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