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2004 FULL-TIME MBA PROFILE
The University of Iowa
Henry B. Tippie College of Business and School of Management — Henry B. Tippie School of Management
Address: 108 John Pappajohn Business Building, Ste. C140
Henry B. Tippie College of Business
Iowa City, IA 52242-1000
E-Mail: tippiemba@uiowa.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004

Year program was founded 1959
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 1,150
Full-time MBA students 143
Part-time MBA students 746
Distance MBA students n/a
Executive MBA students 117
PhD program students 88
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 1,500
 
Change in full-time class size in past academic year -29%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 32%
International students 1 45%
Married students n/a

For U.S. schools only:
African American students 2%
Alaskan Native of Pacific Islander American students 0%
Asian American students 0%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 3%
White (non-Hispanic) students 49%
Multiethnic/Multiracial students 0%
Not reported 0%
Other 46%

Students from the following regions:
Africa 0%
Asia 31%
Eastern Europe, Central Europe and Central Asia 7%
Latin America and the Caribbean 2%
Middle East 2%
North America
 (Canada: 0% / U.S.: 100%)
55%
Oceania 0%
Western Europe 3%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 3%
Midwest U.S. 76%
Northeast U.S. 3%
South U.S. 9%
Southwest U.S. 0%
U.S. Possessions and territories 0%
West U.S. 9%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average645637638
Median640640640
Range (middle 80%)590-700n/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 623
Minimum TOEFL score required 600

Work Experience (months)
Average 46
Range (middle 80%) 3 - 102
New entrants with one year or less of work experience 23%

Student Age (years)
Average 28
Range (middle 80%) 24 - 33

Salary
Average base salary forgone to enter program $37,278


ADMISSIONS

Application fee (resident) $60
Application fee (nonresident) $85

285 people applied to the full-time MBA program in 2004. The school accepted 45% (selectivity) of those applicants, and 48% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity45%45%33%
Yield48%49%41%

1% of applicants had applied in prior years, and of those reapplicants 75% were accepted.

The B-school placed 9 applicant(s) on its wait list. 5 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 28%
International applicants 1 72%

Interviews for MBA applicants are:
Required

In 2004, the B-school interviewed 54% of its full-time MBA applicants, and 100% 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$22,388$21,368$19,798
Nonresident$40,112$37,992$36,422
Expected monthly rent $500
Recommended annual budget (Resident) 1 $25,500
Recommended annual budget (Nonresident) $35,056

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

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Jan. 15, 2005
All applicants:  Mar. 1, 2005
All applicants:  Apr. 15, 2005

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

n/a of full-time MBAs applied for financial aid for the 2004-2005 academic year. 46% 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, n/a received institutional scholarships, n/a received assistantships, and n/a received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $13,967
Scholarships: Based on academic 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?
Separate scholarship application


Average scholarship awarded $1,569
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $21,059

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 Gary C. Fethke
Hired as of July 1994
 
Program director Colleen Downie
 
Admissions director Mary Spreen
 
Financial aid director Mary Spreen
 
Career services director Kathie Decker
 
Alumni relations director Kathie Decker

 
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IOWA PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '03 | '02 | '01 | '00
EMBA '03 | '01

IOWA INFO
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Placement Q&A '06
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IOWA RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
BW ranking history



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