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2004 PART-TIME MBA PROFILE
University of Michigan
Stephen M. Ross School of Business at the University of Michigan — Evening MBA
Address: 701 Tappan Street
Ann Arbor, MI 48109-1234
E-Mail:
Web links: http://www.bus.umich.edu
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B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 7, 2004
Jan. 10, 2005

Year program was founded 1967
Institution is U.S., Public
Business school accreditation:
AACSB

Enrollment
Total graduate business students 2,816
Part-time MBA students 952
Distance MBA students n/a
Full-time MBA students 841
Executive MBA students 118
PhD program students 85
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 677
 
Change in part-time class size in past academic year n/a
Average number of months to complete part-time program 48
Maximum number of months permitted to complete part-time program 120
Part-time program completion rate 94%
School offers a separate full-time MBA program? Yes
Possible for students to change status from part-time to full-time? Yes
     At what point?  3

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 23%
International students 1 15%
Married students n/a

For U.S. schools only:
African American students 4%
Alaskan Native of Pacific Islander American students n/a
Asian American students 24%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 2%
White (non-Hispanic) students 55%
Multiethnic/Multiracial students 2%
Not reported 9%
Other 3%

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
2004200320022001
Average656653660653
Median650650660650
Range (middle 80%)580 - 730580 - 720590 - 730590 - 720

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 * 649
Minimum TOEFL score required * 600
* Paper-based equivalent

Work Experience (months)
Average 84
Range (middle 80%) 48 - 132
New entrants with one year or less work experience 0%

Student Age (years)
Average 31
Range (middle 80%) 25 - 37

Salary
Average base salary of entering students $78,912
Range (middle 80%) $46,000 - $100,000


Entering students employed in the following function areas:
Consulting n/a
Finance/Accounting n/a
General Management n/a
Human resources n/a
Marketing/Sales n/a
Management Information Systems n/a
Operations/Logistics n/a
Other n/a


Entering students employed in the following industries:
Government n/a
Manufacturing n/a
Non-Profit n/a
Services n/a
Other n/a


TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the part-time MBA program:

OrganizationNo.
1. DaimlerChryslern/a
2. Ford Motor Companyn/a
3. General Motors Corporationn/a
4. Visteonn/a
5. University of Michigann/a
6. Pfizer Inc.n/a
7. BASF The Chemical Companyn/a
8. Compuware Corporationn/a
9. Lear Corporationn/a
10. Borders Group, Inc.n/a
11. International Business Machines Corporationn/a
12. KPMG LLPn/a
13. Johnson Controls, Inc.n/a
14. Delphi Corp.n/a
15. Robert Bosch Corporationn/a


ADMISSIONS

Application fee (resident) $180
Application fee (nonresident) $180

295 people applied to the part-time MBA program in 2004. The school accepted 75% (selectivity) of those applicants, and 95% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
2004200320022001
Selectivity75%66%60%58%
Yield95%95%95%92%

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.

Interviews for MBA applicants are:
Required
Recommended

In 2004, the B-school interviewed 78% of its part-time MBA applicants, and 100% of its admitted applicants.

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

COSTS AND DEADLINES

COSTS:
Estimated TOTAL (not annual) cost of part-time MBA program (U.S. dollars)
2004200320022001
Resident$62,000$60,680$55,216$51,685
Nonresident$62,000$60,680$55,216$51,685

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

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
n/a

FINANCIAL AID

FINANCIAL AID:
Part-time MBAs whose education is partially covered by employer n/a
Part-time MBAs whose education is 100% covered by employer n/a

Part-time MBAs apply for financial aid through a
Dedicated financial aid office at the B-school

Scholarships are based on
n/a

18% of part-time MBAs applied for financial aid for the 2004-2005 academic year. 18% of part-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, 0% received institutional scholarships, 0% received assistantships, and 18% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $19,400

0 full-tuition scholarships were awarded by the school to part-time MBAs for the 2004-2005 academic year.

Applicants apply for scholarship consideration n/a


Average scholarship awarded $0
Guaranteed loans offered to part-time MBAs? 2 Yes
Maximum amount students can borrow $40,400
Average outstanding loans for 2004 graduates $36,500

Web link: 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 Robert J Dolan
Hired as of July 2001
 
Program director Paul Clyde
 
Admissions director James P. Hayes
 
Financial aid director James P. Hayes
 
Career services director Allan Cotrone
 
Alumni relations director n/a

 
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MICHIGAN PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03 | '01

MICHIGAN INFO
Admissions Q&A '03 | '02 | '99 | '97
Placement Q&A '04 | '02 | '00 | '98
Financial Aid Q&A '99 |
Dean Q&A '01
Video Views Professor Thomas Gladwin | B-School Roundtable
Search for articles about Michigan

MICHIGAN RANKINGS
Full-time MBA rank:
2004:  6    1994:  6    
2002:  8    1992:  5    
2000:  6    1990:  7    
1998:  4    1988:  6    
1996:  2    
BW ranking history

Exec Ed rank:
2003:  3    1997:  2    
2001:  3    1993:  --    
1999:  2    1991:  1    



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