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2004 FULL-TIME MBA PROFILE
Pace University
Lubin School of Business
Address: Pace University - Lubin School of Business
One Pace Plaza
New York, NY 10038-1598
E-Mail: GradNYC@pace.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 8, 2004
Jan. 24, 2005

Year program was founded 1958
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 24 months

Enrollment
Total graduate business students 1,769
Full-time MBA students 241
Part-time MBA students 1,154
Distance MBA students 31
Executive MBA students n/a
PhD program students n/a
Doctorate of Business Administration (DBA) students 54
 
Total undergraduate business students 3,941
 
Change in full-time class size in past academic year 17%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 50%
International students 1 58%
Married students n/a

For U.S. schools only:
African American students 3%
Alaskan Native of Pacific Islander American students n/a
Asian American students 6%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students 26%
Multiethnic/Multiracial students 3%
Not reported n/a
Other 4%

Students from the following regions:
Africa 1%
Asia 10%
Eastern Europe, Central Europe and Central Asia 10%
Latin America and the Caribbean n/a
Middle East 1%
North America
 (Canada: n/a / U.S.: n/a  )
75%
Oceania n/a
Western Europe 1%

North American students by region:
Canada n/a
Mid-Atlantic U.S. 2%
Midwest U.S. 2%
Northeast U.S. 92%
South U.S. n/a
Southwest U.S. 2%
U.S. Possessions and territories n/a
West U.S. 2%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average537528518
Median540520520
Range (middle 80%)480-590n/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 593
Minimum TOEFL score required 570

Work Experience (months)
Average 30
Range (middle 80%) n/a - n/a
New entrants with one year or less of work experience n/a

Student Age (years)
Average 25
Range (middle 80%) 24 - 28

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $65
Application fee (nonresident) $65

726 people applied to the full-time MBA program in 2004. The school accepted 46% (selectivity) of those applicants, and 20% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity46%53%55%
Yield20%34%40%

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 43%
International applicants 1 51%

Interviews for MBA applicants are:
Not offered

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$40,500$37,496$26,432
Nonresident$40,500$37,496$26,432
Expected monthly rent n/a
Recommended annual budget (Resident) 1 n/a
Recommended annual budget (Nonresident) n/a

2004-2006 DEADLINES:
Application deadline(s)
n/a

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Feb. 15, 2005

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

45% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 41% 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, 19% received institutional scholarships, 19% received assistantships, and 65% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $14,606
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


Average scholarship awarded $6,500
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow $18,500
Average outstanding loans for 2004 graduates n/a

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 Arthur L. Centonze
Hired as of Sept. 1990
 
Program director M. Peter Hoefer
 
Admissions director Joanna Broda
 
Financial aid director Suzanne Tang
 
Career services director Joan Mark
 
Alumni relations director Sharon Gibson

 
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