B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 30, 2004
|
| Year program was founded | 1947 |
| Institution is | U.S., Public |
Business school accreditation:
AACSB
North Central Association
|
| Length of program | 21 months |
Enrollment
| Total graduate business students | 1,472 |
| Full-time MBA students | 451 |
| Part-time MBA students | 328 |
| Distance MBA students | 403 |
| Executive MBA students | n/a |
| PhD program students | 91 |
| Doctorate of Business Administration (DBA) students | 0 |
| |
| Total undergraduate business students | 3,569 |
| |
| Change in full-time class size in past academic year | -11% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 26% |
| International students 1 | 29% |
| Married students | n/a |
For U.S. schools only: |
| African American students | 5% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 5% |
| Mexican American students | n/a |
| Puerto Rican students | n/a |
| Other Hispanic American students | 6% |
| White (non-Hispanic) students | 43% |
| Multiethnic/Multiracial students | 0% |
| Not reported | 12% |
| Other | 1% |
Students from the following regions:
| Africa | 0% |
| Asia | 25% |
| Eastern Europe, Central Europe and Central Asia | 1% |
| Latin America and the Caribbean | 2% |
| Middle East | 1% |
North America
(Canada: 0% / U.S.: 100%) | 71% |
| Oceania | 0% |
| Western Europe | 0% |
North American students by region:
| Canada | 0% |
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 53% |
| Northeast U.S. | 16% |
| South U.S. | 4% |
| Southwest U.S. | 7% |
| U.S. Possessions and territories | 1% |
| West U.S. | 18% |
(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 | 644 | 650 | 651 | | Median | 640 | 650 | 650 | | Range (middle 80%) | 580-710 | 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 | 637 |
| Minimum TOEFL score required | 600 |
Work Experience (months)
| Average | 60 |
| Range (middle 80%) | 24 | - | 102 |
| New entrants with one year or less of work experience | 7% |
Student Age (years)
| Average | 28 |
| Range (middle 80%) | 25 | - | 33 |
Salary
| Average base salary forgone to enter program | $52,850 |
ADMISSIONS
| Application fee (resident) | $75 |
| Application fee (nonresident) | $75 |
1,221 people applied to the full-time MBA program in 2004. The school accepted 33% (selectivity) of those applicants, and 48% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2004 | 2003 | 2002 |
|---|
| Selectivity | 33% | 32% | 22% | | Yield | 48% | 46% | 45% |
n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.
The B-school placed 59 applicant(s) on its wait list. 18 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | n/a |
| International applicants 1 | n/a |
Interviews for MBA applicants are:
Recommended
In 2004, the B-school interviewed 49% of its full-time MBA applicants, and 78% 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 | $27,352 | $13,160 | $24,492 | | Nonresident | $53,488 | $25,260 | $46,900 |
| Expected monthly rent | $625 |
| Recommended annual budget (Resident) 1 | $24,980 |
| Recommended annual budget (Nonresident) | $38,048 |
2004-2006 DEADLINES:
Application deadline(s)
All applicants: Nov. 15, 2004
All applicants: Jan. 15, 2005
All applicants: Mar. 1, 2005
All applicants: Apr. 15, 2005
Rolling admissions? No
Deadline(s) for scheduling an interview
n/a
Financial aid deadline(s)
All applicants: Mar. 1, 2005
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school
95% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 95% 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, 20% received institutional scholarships, 36% received assistantships, and 90% received loans.
| Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) | $24,429 |
Scholarships: Based on academic merit
42 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
| Average scholarship awarded | $13,800 |
| Guaranteed loan offered? 2 | Yes |
| Maximum amount students can borrow | $48,858 |
| Average outstanding loans for 2004 graduates | $33,567 |
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 , by The McGraw-Hill Companies Inc. All rights reserved.
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