B-SCHOOL & PROGRAM BASICS
| Classes begin |
July 18, 2004
|
| Year program was founded | 1995 |
| Institution is | U.S., Public |
Business school accreditation:
AACSB
|
Enrollment
| Total graduate business students | 689 |
| Part-time MBA students | 123 |
| Distance MBA students | n/a |
| Full-time MBA students | 201 |
| Executive MBA students | 116 |
| PhD program students | 71 |
| Doctorate of Business Administration (DBA) students | n/a |
| |
| Total undergraduate business students | 4,301 |
| |
| Change in part-time class size in past academic year | -19% |
| Average number of months to complete part-time program | 17 |
| Maximum number of months permitted to complete part-time program | 17 |
| Part-time program completion rate | 99% |
| 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? 0 |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 28% |
| International students 1 | 8% |
| Married students | 57% |
For U.S. schools only: |
| African American students | 4% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 12% |
| Mexican American students | 0% |
| Puerto Rican students | 0% |
| Other Hispanic American students | 0% |
| White (non-Hispanic) students | 76% |
| Multiethnic/Multiracial students | 0% |
| Not reported | 0% |
| Other | 0% |
CLASS TRAITS - MOST RECENT ENTERING CLASS
GMAT Scores - Historical Chart | 2004 | 2003 | 2002 | 2001 |
|---|
| Average | 578 | 574 | 607 | 618 | | Median | 590 | 570 | 600 | 630 | | Range (middle 80%) | 490 - 650 | 480 - 680 | 560 - 670 | 570 - 750 |
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 * | n/a |
| Minimum TOEFL score required * | 600 |
| * Paper-based equivalent |
Work Experience (months)
| Average | 99 |
| Range (middle 80%) | 60 | - | 144 |
| New entrants with one year or less work experience | 0% |
Student Age (years)
| Average | 32 |
| Range (middle 80%) | 28 | - | 36 |
Salary
| Average base salary of entering students | $69,588 |
| Range (middle 80%) | $57,500 | - | $87,500 |
Entering students employed in the following function areas:
| Consulting | 4 |
| Finance/Accounting | 13 |
| General Management | 8 |
| Human resources | 4 |
| Marketing/Sales | 18 |
| Management Information Systems | 10 |
| Operations/Logistics | 36 |
| Other | 7 |
Entering students employed in the following industries:
| Government | 1 |
| Manufacturing | 51 |
| Non-Profit | 7 |
| Services | 25 |
| Other | 16 |
TOP CORPORATE CUSTOMERS
Organizations that send the most participants to the part-time MBA program:
| Organization | No. |
| 1. Ford Motor Company | 7 |
| 2. DaimlerChrysler Corporation | 6 |
| 3. Visteon | 5 |
| 4. Pfizer | 4 |
| 5. Delphi Corporation | 3 |
| 6. Kellogg Company | 3 |
| 7. Arvin Meritor | 2 |
| 8. Comerica Bank | 2 |
| 9. Dow Corning | 2 |
| 10. Jackson National Life | 2 |
| 11. MSU Federal Credit Union | 2 |
| 12. Michigan State University | 2 |
ADMISSIONS
| Application fee (resident) | $50 |
| Application fee (nonresident) | $50 |
158 people applied to the part-time MBA program in 2004. The school accepted 79% (selectivity) of those applicants, and 77% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2004 | 2003 | 2002 | 2001 |
|---|
| Selectivity | 79% | 82% | 63% | 52% | | Yield | 77% | 70% | 71% | 78% |
The B-school placed 28 applicant(s) on its wait list. 16 wait-listed applicants were admitted to the semester for which they applied.
Interviews for MBA applicants are:
Not offered
In 2004, the B-school interviewed 28% of its part-time MBA applicants, and 35% 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)
| 2004 | 2003 | 2002 | 2001 |
|---|
| Resident | $42,700 | $40,700 | $37,000 | $33,000 | | Nonresident | $45,450 | $43,450 | $39,500 | $35,500 |
2004-2006 DEADLINES:
Application deadline(s)
All applicants: Apr. 1, 2004
Rolling admissions? Yes
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 | 62% |
| Part-time MBAs whose education is 100% covered by employer | 28% |
Part-time MBAs apply for financial aid through a
n/a
Scholarships are based on
financial need
52% of part-time MBAs applied for financial aid for the 2004-2005 academic year. 68% 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, 56% received institutional scholarships, 0% received assistantships, and 96% received loans.
| Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) | $20,826 |
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 | $624 |
| Guaranteed loans offered to part-time MBAs? 2 | No |
| Maximum amount students can borrow | $18,500 |
| Average outstanding loans for 2004 graduates | $26,129 |
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
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Copyright 2005 , by The McGraw-Hill Companies Inc. All rights reserved.
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