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2004 FULL-TIME MBA PROFILE
Vanderbilt University
Owen Graduate School of Management
Address: 401 21st Avenue, S.
Nashville, TN 37203
E-Mail: admissions@owen.vanderbilt.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004

Year program was founded 1969
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 18 months

Enrollment
Total graduate business students 500
Full-time MBA students 387
Part-time MBA students n/a
Distance MBA students n/a
Executive MBA students 94
PhD program students 19
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year -9%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 20%
International students 1 28%
Married students 31%

For U.S. schools only:
African American students 5%
Alaskan Native of Pacific Islander American students 0%
Asian American students 11%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 3%
White (non-Hispanic) students 54%
Multiethnic/Multiracial students 2%
Not reported 0%
Other 1%

Students from the following regions:
Africa 1%
Asia 22%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 4%
Middle East 1%
North America
 (Canada: 0% / U.S.: 100%)
71%
Oceania 0%
Western Europe 0%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 13%
Midwest U.S. 10%
Northeast U.S. 22%
South U.S. 36%
Southwest U.S. 9%
U.S. Possessions and territories 0%
West U.S. 10%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average622638648
Median620640640
Range (middle 80%)550-700n/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 617
Minimum TOEFL score required 600

Work Experience (months)
Average 61
Range (middle 80%) 24 - 108
New entrants with one year or less of work experience 6%

Student Age (years)
Average 29
Range (middle 80%) 25 - 33

Salary
Average base salary forgone to enter program $47,053


ADMISSIONS

Application fee (resident) $100
Application fee (nonresident) $100

615 people applied to the full-time MBA program in 2004. The school accepted 68% (selectivity) of those applicants, and 42% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity68%54%47%
Yield42%42%46%

3% of applicants had applied in prior years, and of those reapplicants 37% were accepted.

The B-school placed 43 applicant(s) on its wait list. 15 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 26%
International applicants 1 37%

Interviews for MBA applicants are:
Required

In 2004, the B-school interviewed 86% of its full-time MBA applicants, and 100% 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$65,580$61,210$58,320
Nonresident$65,580$61,210$58,320
Expected monthly rent $650
Recommended annual budget (Resident) 1 $51,103
Recommended annual budget (Nonresident) $51,103

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Nov. 30, 2004
All applicants:  Jan. 15, 2005
All applicants:  Mar. 1, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
All applicants:  Jan. 15, 2005
All applicants:  Mar. 1, 2005
All applicants:  Mar. 15, 2005

Financial aid deadline(s)
All applicants:  Jan. 31, 2005

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

72% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 71% 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, 21% received institutional scholarships, 0% received assistantships, and 79% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $36,887
Scholarships: Based on academic merit


9 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 $13,500
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $68,778

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 James W. Bradford
Hired as of June 2004
 
Program director Gary Scudder
 
Admissions director Melinda Allen
 
Financial aid director John Roeder
 
Career services director Melinda Allen
 
Alumni relations director Beth Harrington

 
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VANDERBILT INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays
School Tour

VANDERBILT PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
EMBA '03 | '01

VANDERBILT INFO
Admissions Q&A '00 | '97
Placement Q&A '05
Video Views Dean Bradford - 2005
B-School Calendar
Search for articles about Vanderbilt

VANDERBILT RANKINGS
Full-time MBA rank:
2004:  30    1994:  --    
2002:  28    1992:  19    
2000:  --    1990:  --    
1998:  --    1988:  --    
1996:  24    
BW ranking history

EMBA rank:
2003:  20    1997:  --    
2001:  17    1993:  --    
1999:  --    



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