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2004 PART-TIME MBA PROFILE
New York University
Leonard N. Stern School of Business — The Langone Program: A Part-time MBA for Working Professionals
Address: 44 West 4th Street
New York, NY 10012
E-Mail: sternmba@stern.nyu.edu
Web links: http://www.stern.nyu.edu/admissions
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 27, 2004
Feb. 7, 2005

Year program was founded n/a
Institution is U.S., Private
Business school accreditation:
AACSB

Enrollment
Total graduate business students 2,757
Part-time MBA students 1,703
Distance MBA students n/a
Full-time MBA students 759
Executive MBA students 194
PhD program students 98
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 2,288
 
Change in part-time class size in past academic year n/a
Average number of months to complete part-time program 36
Maximum number of months permitted to complete part-time program 72
Part-time program completion rate 90%
School offers a separate full-time MBA program? Yes
Possible for students to change status from part-time to full-time? No
     At what point?  n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 32%
International students 1 15%
Married students 29%

For U.S. schools only:
African American students 2%
Alaskan Native of Pacific Islander American students n/a
Asian American students 14%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 5%
White (non-Hispanic) students 57%
Multiethnic/Multiracial students n/a
Not reported 5%
Other 2%

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
2004200320022001
Average679673670666
Median690670670660
Range (middle 80%)620 - 730620 - 730610 - 720610 - 730

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 * n/a
* Paper-based equivalent

Work Experience (months)
Average 65
Range (middle 80%) 29 - 106
New entrants with one year or less work experience 1%

Student Age (years)
Average 28
Range (middle 80%) 24 - 33

Salary
Average base salary of entering students $78,206
Range (middle 80%) $48,000 - $110,000


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. Goldman Sachsn/a
2. Morgan Stanleyn/a
3. JP Morgan Chasen/a
4. Citigroupn/a
5. Credit Suisse First Bostonn/a
6. General Electricn/a
7. Merck & Co Inc.n/a
8. Merrill Lynchn/a
9. Moody's Corporationn/a
10. Lehman Brothersn/a
11. American Express, Bristol-Meyers Squibbn/a
12. Consolidated Edison Co., IBM, Metlifen/a
13. Home Box Office, Johnson & Johnsonn/a
14. Memorial Sloan Kettering Cancer Center, Mercer Consulting Groupn/a
15. Novartis Pharmaceuticals Co.n/a


ADMISSIONS

Application fee (resident) $175
Application fee (nonresident) $175

939 people applied to the part-time MBA program in 2004. The school accepted 46% (selectivity) of those applicants, and 88% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
2004200320022001
Selectivity46%44%38%46%
Yield88%88%91%90%

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:
By invitation only

In 2004, the B-school interviewed n/a of its part-time MBA applicants, and n/a 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$78,000$74,400$66,032$69,525
Nonresident$78,000$74,400$66,032$69,525

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  May 15, 2005
All applicants:  Sept. 15, 2005

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Apr. 1, 2005
All applicants:  Sept. 1, 2005

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
academic merit
n/a of part-time MBAs applied for financial aid for the 2004-2005 academic year. 30% 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, n/a received institutional scholarships, n/a received assistantships, and n/a received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $17,494

4 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 n/a
Guaranteed loans offered to part-time MBAs? 2 Yes
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $50,621

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 Thomas F. Cooley
Hired as of Aug. 2002
 
Program director Kim Corfman
 
Admissions director Dina Dommett
 
Financial aid director Anika Davis Pratt
 
Career services director Lizzette Hernandez
 
Alumni relations director Jeanne Marano

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

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

STERN INFO
Admissions Q&A '02 | '99 | '97
Placement Q&A '03 | '00 | '98
Financial Aid Q&A '01 | '99 |
Search for articles about Stern

STERN RANKINGS
Full-time MBA rank:
2004:  13    1994:  16    
2002:  15    1992:  15    
2000:  13    1990:  17    
1998:  13    1988:  18    
1996:  14    
BW ranking history

EMBA rank:
2003:  13    1997:  --    
2001:  7    1993:  --    
1999:  --    

Exec Ed rank:
2003:  19    1997:  --    
2001:  --    1993:  --    
1999:  --    1991:  --    



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