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2004 FULL-TIME MBA PROFILE
Graduate College of Union University
School of Management
Address: Graduate College of Union University
807 Union Street; Lamont House
Schenectady, NY 12308
E-Mail: graduatecollege@union.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin June 14, 2004
Sept. 8, 2004
Jan. 3, 2005
Mar. 28, 2005

Year program was founded 1978
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 24 months

Enrollment
Total graduate business students 230
Full-time MBA students 119
Part-time MBA students 111
Distance MBA students n/a
Executive MBA students n/a
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year -7%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 42%
International students 1 3%
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 1%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students 65%
Multiethnic/Multiracial students n/a
Not reported 25%
Other 1%

Students from the following regions:
Africa n/a
Asia 3%
Eastern Europe, Central Europe and Central Asia n/a
Latin America and the Caribbean 1%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
92%
Oceania n/a
Western Europe 4%

North American students by region:
Canada n/a
Mid-Atlantic U.S. 1%
Midwest U.S. n/a
Northeast U.S. 99%
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average554538n/a
Median560550n/a
Range (middle 80%)480-620n/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 599
Minimum TOEFL score required 553

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

Student Age (years)
Average 26
Range (middle 80%) 23 - 27

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

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

109 people applied to the full-time MBA program in 2004. The school accepted 56% (selectivity) of those applicants, and 74% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity56%73%n/a
Yield74%73%n/a

0% of applicants had applied in prior years, and of those reapplicants 0% 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 4%

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$17,430$36,150n/a
Nonresident$17,430$36,150n/a
Expected monthly rent $425
Recommended annual budget (Resident) 1 $26,230
Recommended annual budget (Nonresident) $26,230

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

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
n/a

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

80% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 80% 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, 26% received institutional scholarships, n/a received assistantships, and 80% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $10,000
Scholarships: Based on financial need
academic merit
a combination of need and merit


2 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?
All candidates are considered for scholarship


Average scholarship awarded $6,144
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates n/a


(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 Mel Chudzik
Hired as of July 2003
 
Program director Mel Chudzik
 
Admissions director Rhonda Sheehan
 
Financial aid director Beth Post
 
Career services director Joanne Fitzgerald
 
Alumni relations director Kate Downey

 
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