B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 23, 2004
|
| Year program was founded | 1970 |
| Institution is | U.S., Private |
Business school accreditation:
AACSB
|
| Length of program | 21 months |
Enrollment
| Total graduate business students | 104 |
| Full-time MBA students | 70 |
| Part-time MBA students | 34 |
| Distance MBA students | n/a |
| Executive MBA students | n/a |
| PhD program students | n/a |
| Doctorate of Business Administration (DBA) students | n/a |
| |
| Total undergraduate business students | 1,330 |
| |
| Change in full-time class size in past academic year | 93% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 48% |
| International students 1 | 41% |
| Married students | n/a |
For U.S. schools only: |
| African American students | 92% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 0% |
| Mexican American students | 0% |
| Puerto Rican students | 0% |
| Other Hispanic American students | 2% |
| White (non-Hispanic) students | 2% |
| Multiethnic/Multiracial students | 2% |
| Not reported | 0% |
| Other | 2% |
Students from the following regions:
| Africa | 17% |
| Asia | 2% |
| Eastern Europe, Central Europe and Central Asia | 0% |
| Latin America and the Caribbean | 22% |
| Middle East | 0% |
North America
(Canada: 0% / U.S.: 100%) | 59% |
| Oceania | 0% |
| Western Europe | 0% |
North American students by region:
| Canada | 0% |
| Mid-Atlantic U.S. | 55% |
| Midwest U.S. | 0% |
| Northeast U.S. | 14% |
| South U.S. | 11% |
| Southwest U.S. | 3% |
| U.S. Possessions and territories | 3% |
| 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 | 2004 | 2003 | 2002 |
|---|
| Average | 529 | 519 | 510 | | Median | 530 | 510 | 490 | | Range (middle 80%) | 460-630 | n/a | n/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 | 562 |
| Minimum TOEFL score required | 550 |
Work Experience (months)
| Average | 35 |
| Range (middle 80%) | 12 | - | 72 |
| New entrants with one year or less of work experience | 17% |
Student Age (years)
| Average | 28 |
| Range (middle 80%) | 24 | - | 34 |
Salary
| Average base salary forgone to enter program | $45,153 |
ADMISSIONS
| Application fee (resident) | $45 |
| Application fee (nonresident) | $45 |
320 people applied to the full-time MBA program in 2004. The school accepted 25% (selectivity) of those applicants, and 70% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2004 | 2003 | 2002 |
|---|
| Selectivity | 25% | 25% | 33% | | Yield | 70% | 38% | 50% |
2% of applicants had applied in prior years, and of those reapplicants 33% were accepted.
The B-school placed 4 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | 48% |
| International applicants 1 | 44% |
Interviews for MBA applicants are:
Not required
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)
| 2004 | 2003 | 2002 |
|---|
| Resident | $28,150 | $26,410 | $24,796 | | Nonresident | $28,150 | $26,410 | $24,796 |
| Expected monthly rent | $850 |
| Recommended annual budget (Resident) 1 | $29,279 |
| Recommended annual budget (Nonresident) | $29,279 |
2004-2006 DEADLINES:
Application deadline(s)
All applicants: Nov. 15, 2004
All applicants: Feb. 1, 2005
All applicants: Apr. 1, 2005
Rolling admissions? Yes
Deadline(s) for scheduling an interview
n/a
Financial aid deadline(s)
All applicants: Feb. 15, 2005
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university
90% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 88% 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, 75% received institutional scholarships, 37% received assistantships, and 55% received loans.
| Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) | $23,167 |
Scholarships: Based on academic merit
a combination of need and merit
27 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 | $8,539 |
| Guaranteed loan offered? 2 | No |
| Maximum amount students can borrow | n/a |
| Average outstanding loans for 2004 graduates | $28,877 |
Financial aid Web site
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
CONTACTS
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Copyright 2004, Bloomberg L.P.
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