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2004 FULL-TIME MBA PROFILE
University of Miami
School of Business Administration
Address: 5250 University Drive
Jenkins Building #221
Coral Gables, FL 33146
E-Mail: mba@miami.edu
Web links: B-school Web site
 Getting In  Academics & Lifestyle Careers & Alumni Affairs Graduate Comments

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 22, 2004
Jan. 18, 2005
Aug. 24, 2005

Year program was founded 1948
Institution is U.S., Private
Business school accreditation:
AACSB
SACS
Length of program 21 months

Enrollment
Total graduate business students 906
Full-time MBA students 266
Part-time MBA students 36
Distance MBA students n/a
Executive MBA students 483
PhD program students 2
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 1,914
 
Change in full-time class size in past academic year 0%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 33%
International students 1 21%
Married students n/a

For U.S. schools only:
African American students 5%
Alaskan Native of Pacific Islander American students n/a
Asian American students 14%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 13%
White (non-Hispanic) students 65%
Multiethnic/Multiracial students n/a
Not reported 3%
Other n/a

Students from the following regions:
Africa 1%
Asia 8%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 6%
Middle East 3%
North America
 (Canada: n/a / U.S.: n/a  )
76%
Oceania n/a
Western Europe 5%

North American students by region:
Canada n/a
Mid-Atlantic U.S. 5%
Midwest U.S. 14%
Northeast U.S. 27%
South U.S. 43%
Southwest U.S. 4%
U.S. Possessions and territories 1%
West U.S. 6%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average605602652
Median590570650
Range (middle 80%)530-720n/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 n/a
Minimum TOEFL score required 550

Work Experience (months)
Average 38
Range (middle 80%) 0 - 120
New entrants with one year or less of work experience 28%

Student Age (years)
Average 25
Range (middle 80%) 22 - 37

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $50
Application fee (nonresident) $50

494 people applied to the full-time MBA program in 2004. The school accepted 65% (selectivity) of those applicants, and 38% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity65%59%48%
Yield38%42%35%

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

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

Applicant Profile:
Female applicants 36%
International applicants 1 42%

Interviews for MBA applicants are:
Recommended

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$54,720$51,552$45,450
Nonresident$54,720$51,552$45,450
Expected monthly rent $900
Recommended annual budget (Resident) 1 $40,074
Recommended annual budget (Nonresident) $40,074

2004-2006 DEADLINES:
Application deadline(s)
International applicants:  June 30, 2004
International applicants:  Nov. 30, 2004

Rolling admissions? Yes

Deadline(s) for scheduling an interview
All applicants:  July 30, 2004
All applicants:  Nov. 14, 2004

Financial aid deadline(s)
n/a

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

66% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 64% 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, 12% received institutional scholarships, 26% received assistantships, and 69% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $23,731
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 $5,442
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $40,817

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 Paul K. Sugrue
Hired as of May 1992
 
Program director Lori Pryor
 
Admissions director Ania Nozewnik Green
 
Financial aid director James Bauer
 
Career services director Matthew Beekhuizen
 
Alumni relations director Faye Harris

 
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UNIVERSITY OF MIAMI RANKINGS
Full-time MBA rank:
2004:  --    1994:  --    
2002:  Third tier    1992:  --    
2000:  Third tier    1990:  --    
1998:  --    1988:  --    
1996:  --    
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