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2004 PART-TIME MBA PROFILE
Wake Forest University
Babcock Graduate School of Management — Evening MBA Program -- Winston-Salem
Address: P. O. Box 7368
Winston-Salem, NC 27109-7368
E-Mail: evening.exec@mba.wfu.edu
Web links: http://www.mba.wfu.edu
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 23, 2004
Aug. 29, 2005
Aug. 28, 2006

Year program was founded 1987
Institution is U.S., Private
Business school accreditation:
AACSB
EQUIS

Enrollment
Total graduate business students 573
Part-time MBA students 245
Distance MBA students n/a
Full-time MBA students 224
Executive MBA students 95
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in part-time class size in past academic year -13%
Average number of months to complete part-time program 24
Maximum number of months permitted to complete part-time program 24
Part-time program completion rate 92%
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 26%
International students 1 8%
Married students n/a

For U.S. schools only:
African American students 7%
Alaskan Native of Pacific Islander American students 0%
Asian American students 7%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 0%
White (non-Hispanic) students 86%
Multiethnic/Multiracial students 0%
Not reported 0%
Other 0%

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
2004200320022001
Averagen/an/a572580
Mediann/an/a570570
Range (middle 80%)n/an/a460 - 680485 - 665

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 105
Range (middle 80%) 36 - 204
New entrants with one year or less work experience 0%

Student Age (years)
Average 32
Range (middle 80%) 25 - 40

Salary
Average base salary of entering students $61,022
Range (middle 80%) $36,000 - $95,000


Entering students employed in the following function areas:
Consulting 6
Finance/Accounting 18
General Management 20
Human resources 2
Marketing/Sales 22
Management Information Systems 14
Operations/Logistics 8
Other 10


Entering students employed in the following industries:
Government 0
Manufacturing 42
Non-Profit 11
Services 47
Other 0


TOP CORPORATE CUSTOMERS

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

OrganizationNo.
1. Wachovia8
2. Sara Lee4
3. RJ Reynolds3
4. RF Micro Devices3
5. Inmar3
6. BE Aerospace2
7. BB&T2
8. Corning Cable2
9. Rock-Tenn2


ADMISSIONS

Application fee (resident) $75
Application fee (nonresident) $75

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

Selectivity/Yield - Historical Chart
2004200320022001
Selectivityn/an/a91%89%
Yieldn/an/a72%85%

The B-school placed 0 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

In 2004, the B-school interviewed 100% 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$54,000$51,000$48,500$45,000
Nonresident$54,000$51,000$48,500$45,000

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

FINANCIAL AID:
Part-time MBAs whose education is partially covered by employer 62%
Part-time MBAs whose education is 100% covered by employer 38%

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

Scholarships are based on
financial need
academic merit

75% of part-time MBAs applied for financial aid for the 2004-2005 academic year. 75% 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, 21% received institutional scholarships, n/a received assistantships, and 62% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $19,169

1 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 $9,822
Guaranteed loans offered to part-time MBAs? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $39,578

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 Ajay Patel
Hired as of Aug. 2003
 
Program director Brooke Saladin, Faculty Director
 
Admissions director Jamie Barnes
 
Financial aid director Julia Spach
 
Career services director Andy Dreyfuss
 
Alumni relations director Melissa Combes

 
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2004:  Second tier    1994:  --    
2002:  Second tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Second tier    1988:  --    
1996:  Second tier    
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