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2004 FULL-TIME MBA PROFILE
Boston University
School of Management
Address: Boston University School of Management
595 Commonwealth Avenue
Boston, MA 02215
E-Mail: MBA@bu.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs Graduate Comments

B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 7, 2004
Jan. 18, 2005
Sept. 6, 2005
Jan. 17, 2006

Year program was founded 1925
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 867
Full-time MBA students 309
Part-time MBA students 385
Distance MBA students n/a
Executive MBA students 61
PhD program students n/a
Doctorate of Business Administration (DBA) students 45
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year 16%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 40%
International students 1 30%
Married students n/a

For U.S. schools only:
African American students 3%
Alaskan Native of Pacific Islander American students n/a
Asian American students 9%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 1%
White (non-Hispanic) students 35%
Multiethnic/Multiracial students n/a
Not reported 46%
Other 5%

Students from the following regions:
Africa 1%
Asia 23%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 5%
Middle East 2%
North America
 (Canada: n/a / U.S.: n/a  )
66%
Oceania 1%
Western Europe 3%

North American students by region:
Canada n/a
Mid-Atlantic U.S. 5%
Midwest U.S. 6%
Northeast U.S. 70%
South U.S. 4%
Southwest U.S. 2%
U.S. Possessions and territories n/a
West U.S. 14%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average637666632
Median630660630
Range (middle 80%)560-710n/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 638
Minimum TOEFL score required 600

Work Experience (months)
Average 49
Range (middle 80%) 12 - 96
New entrants with one year or less of work experience 10%

Student Age (years)
Average 27
Range (middle 80%) 24 - 32

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $125
Application fee (nonresident) $125

703 people applied to the full-time MBA program in 2004. The school accepted 51% (selectivity) of those applicants, and 44% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity51%38%33%
Yield44%39%37%

n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

The B-school placed 90 applicant(s) on its wait list. 16 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 39%
International applicants 1 47%

Interviews for MBA applicants are:
By invitation only

In 2004, the B-school interviewed 13% of its full-time MBA applicants, and 27% 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$60,564$56,220$27,042
Nonresident$60,564$56,220$27,042
Expected monthly rent $1,171
Recommended annual budget (Resident) 1 $45,984
Recommended annual budget (Nonresident) $45,984

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Dec. 1, 2004
All applicants:  Jan. 5, 2005
International applicants:  Feb. 15, 2005

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
International applicants:  Feb. 15, 2005

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

n/a of full-time MBAs applied for financial aid for the 2004-2005 academic year. 92% 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, 87% received institutional scholarships, 0% received assistantships, and 51% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $28,814
Scholarships: Based on academic merit
some other criteria


9 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?
All candidates are considered for scholarship


Average scholarship awarded $17,130
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates n/a

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 Louis Lataif
Hired as of Sept. 1991
 
Program director Katherine Nolan
 
Admissions director Evelyn Tate
 
Financial aid director Evelyn Tate
 
Career services director John Chalykoff
 
Alumni relations director Peter Kelly

 
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  RELATED LINKS
BOSTON UNIV. INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays

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

BOSTON UNIV. INFO
Placement Q&A '04
Video Views
Search for articles about Boston Univ.

BOSTON UNIV. RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Third tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Third tier    1988:  --    
1996:  Third tier    
BW ranking history

EMBA rank:
2003:  --    1997:  --    
2001:  22    1993:  --    
1999:  --    



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