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2004 FULL-TIME MBA PROFILE
Purdue University
Krannert School of Management
Address: 2020 Rawls Hall
100 S. Grant Street
West Lafayette, IN 47907-2076
E-Mail: masters@krannert.purdue.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004
Aug. 22, 2005

Year program was founded 1957
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 708
Full-time MBA students 281
Part-time MBA students n/a
Distance MBA students n/a
Executive MBA students 215
PhD program students 117
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 2,474
 
Change in full-time class size in past academic year -24%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 18%
International students 1 38%
Married students 35%

For U.S. schools only:
African American students 7%
Alaskan Native of Pacific Islander American students 0%
Asian American students 16%
Mexican American students 0%
Puerto Rican students 1%
Other Hispanic American students 2%
White (non-Hispanic) students 36%
Multiethnic/Multiracial students 0%
Not reported 0%
Other 38%

Students from the following regions:
Africa 0%
Asia 31%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 3%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
63%
Oceania 0%
Western Europe 1%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 5%
Midwest U.S. 31%
Northeast U.S. 10%
South U.S. 8%
Southwest U.S. 5%
U.S. Possessions and territories 7%
West U.S. 33%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average667658651
Median670660650
Range (middle 80%)590-720n/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 626
Minimum TOEFL score required 575

Work Experience (months)
Average 55
Range (middle 80%) 0 - 112
New entrants with one year or less of work experience 14%

Student Age (years)
Average 28
Range (middle 80%) 23 - 34

Salary
Average base salary forgone to enter program $42,884


ADMISSIONS

Application fee (resident) $55
Application fee (nonresident) $55

828 people applied to the full-time MBA program in 2004. The school accepted 44% (selectivity) of those applicants, and 34% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity44%32%26%
Yield34%42%41%

9% of applicants had applied in prior years, and of those reapplicants 56% were accepted.

The B-school placed 237 applicant(s) on its wait list. 18 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 23%
International applicants 1 70%

Interviews for MBA applicants are:
By invitation only

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$27,744$26,720$24,496
Nonresident$53,976$50,976$46,064
Expected monthly rent $500
Recommended annual budget (Resident) 1 $24,822
Recommended annual budget (Nonresident) $38,038

2004-2006 DEADLINES:
Application deadline(s)
International applicants:  Nov. 15, 2004
International applicants:  Jan. 20, 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 Central financial aid office at the university

77% of full-time MBAs applied for financial aid for the 2004-2005 academic year. n/a 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, 37% received institutional scholarships, 28% received assistantships, and n/a received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $17,931
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?
As part of the admissions application
All candidates are considered for scholarship


Average scholarship awarded $6,088
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $32,530

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 Richard A. Cosier
Hired as of Aug. 1999
 
Program director Chuck Johnson
 
Admissions director William J. Hobba
 
Financial aid director Joyce Hall
 
Career services director Alan Ferrell
 
Alumni relations director Tim Newton

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

PURDUE INFO
Admissions Q&A '02 | '99 | '97
Placement Q&A '00 | '99
Financial Aid Q&A '01 | '99 |
Video Views Dean Rick Cosier - 2006
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PURDUE RANKINGS
Full-time MBA rank:
2004:  21    1994:  20    
2002:  26    1992:  --    
2000:  25    1990:  --    
1998:  24    1988:  --    
1996:  --    
BW ranking history

EMBA rank:
2003:  16    1997:  --    
2001:  14    1993:  --    
1999:  --    



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