B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 23, 2004
|
| Year program was founded | 1936 |
| Institution is | U.S., Public |
Business school accreditation:
AACSB
North Central Association of Colleges and Schools
|
| Length of program | 22 months |
Enrollment
| Total graduate business students | 2,216 |
| Full-time MBA students | 219 |
| Part-time MBA students | 1,459 |
| Distance MBA students | n/a |
| Executive MBA students | 109 |
| PhD program students | 109 |
| Doctorate of Business Administration (DBA) students | n/a |
| |
| Total undergraduate business students | 1,650 |
| |
| Change in full-time class size in past academic year | -4% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 20% |
| International students 1 | 34% |
| Married students | n/a |
For U.S. schools only: |
| African American students | 2% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 5% |
| Mexican American students | 0% |
| Puerto Rican students | 0% |
| Other Hispanic American students | 2% |
| White (non-Hispanic) students | 58% |
| Multiethnic/Multiracial students | 0% |
| Not reported | 0% |
| Other | 0% |
Students from the following regions:
| Africa | 1% |
| Asia | 26% |
| Eastern Europe, Central Europe and Central Asia | 1% |
| Latin America and the Caribbean | 3% |
| Middle East | 3% |
North America
(Canada: 0% / U.S.: 100%) | 65% |
| Oceania | 0% |
| Western Europe | 2% |
North American students by region:
| Canada | 0% |
| Mid-Atlantic U.S. | 0% |
| Midwest U.S. | 82% |
| Northeast U.S. | 3% |
| South U.S. | 6% |
| Southwest U.S. | 3% |
| U.S. Possessions and territories | 0% |
| West U.S. | 7% |
(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 | 656 | 654 | 645 | | Median | 650 | 650 | 640 | | Range (middle 80%) | 590-720 | 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 | 640 |
| Minimum TOEFL score required | 580 |
Work Experience (months)
| Average | 62 |
| Range (middle 80%) | 18 | - | 96 |
| New entrants with one year or less of work experience | 8% |
Student Age (years)
| Average | 29 |
| Range (middle 80%) | 24 | - | 33 |
Salary
| Average base salary forgone to enter program | n/a |
ADMISSIONS
| Application fee (resident) | $60 |
| Application fee (nonresident) | $90 |
509 people applied to the full-time MBA program in 2004. The school accepted 44% (selectivity) of those applicants, and 49% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2004 | 2003 | 2002 |
|---|
| Selectivity | 44% | 42% | 40% | | Yield | 49% | 39% | 42% |
0% of applicants had applied in prior years, and of those reapplicants n/a were accepted.
The B-school placed 15 applicant(s) on its wait list. 2 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | 24% |
| International applicants 1 | 41% |
Interviews for MBA applicants are:
Recommended
In 2004, the B-school interviewed 40% of its full-time MBA applicants, and 58% 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 | $44,250 | $40,000 | $38,000 | | Nonresident | $61,005 | $55,000 | $52,000 |
| Expected monthly rent | $750 |
| Recommended annual budget (Resident) 1 | $34,125 |
| Recommended annual budget (Nonresident) | $42,503 |
2004-2006 DEADLINES:
Application deadline(s)
International applicants: Dec. 1, 2004
International applicants: Feb. 15, 2005
Rolling admissions? No
Deadline(s) for scheduling an interview
All applicants: Apr. 1, 2005
Financial aid deadline(s)
All applicants: May 1, 2005
All applicants: May 1, 2006
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university
75% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 75% 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, 60% received institutional scholarships, n/a received assistantships, and 50% received loans.
| Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) | $25,166 |
Scholarships: Based on academic merit
51 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 | $16,273 |
| Guaranteed loan offered? 2 | No |
| Maximum amount students can borrow | n/a |
| Average outstanding loans for 2004 graduates | $36,020 |
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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