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2005 DISTANCE MBA PROFILE
Worcester Polytechnic Institute
Department of Management
Address: 100 Institute Road
ADLN - Fuller Labs
Worcester, MA 01534
E-Mail: adln@wpi.edu
Web links: http://www.wpi.edu/+ADLN
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 6, 2005
Jan. 16, 2006
Sept. 5, 2006
Jan. 15, 2007

Year distance program was founded 1979
Institution is U.S., Private
Business school accreditation:
AACSB
NEASC

Enrollment
Total graduate business students 240
Distance MBA students 40
Part-time MBA students (not including distance program) 112
Full-time MBA students 8
Executive MBA students n/a
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 179
 
Change in distance MBA class size in past academic year 5%
If the distance program has a set length, how long is it (months)? n/a
Average number of months to complete distance program 48
Maximum number of months permitted to complete distance program 96
Distance program completion rate 90%
School offers a separate full-time MBA program? Yes
Possible for students to change status from distance program to full-time? Yes
At what point?
0
Are there specific locations from which students must attend the distance MBA program (i.e. satellite television receiving sites, etc.) No
Is the distance-learning program available to students from outside the COUNTRY in which the program is located? Yes
Is the distance-learning program available to students from outside the STATE in which the program is located? Yes

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 24%
International students 1 18%
Married students 2 70%

For U.S. schools only:
African American students 0%
Alaskan Native of Pacific Islander American students 0%
Asian American students 3%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 0%
White (non-Hispanic) students 79%
Multiethnic/Multiracial students 0%
Not reported 0%
Other 18%

Percent of students who are citizens of countries in the following regions:
Africa n/a
Asia n/a
Eastern and Central Europe and Central Asia n/a
Latin America and the Caribbean 10%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
90%
Oceania n/a
Western Europe n/a
Percentage of students with dual citizenship n/a

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 10%
Northeast U.S. 70%
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 20%

New students who live outside a 45-mile radius from the school 60

(1) Students from countries other than the school's home country.
(2) BusinessWeek is hoping to provide more data for those applicants with partners and spouses who may follow them to B-school.

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average604620620600n/a
Median590600600585n/a
Range (middle 80%)560 - 660560 - 660560 - 660550 - 650n/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 * 623
Minimum TOEFL score required * 550
* Paper-based equivalent

Work Experience (months)
Average 78
Median 76
Range (middle 80%) 36 - 120
New entrants with one year or less work experience 0%

Student Age (years)
Average 32
Median 36
Range (middle 80%) 24 - 39

Salary
Average base salary of entering students $72,000
Median base salary of entering students $65,000
Range (middle 80%) $52,000 - $96,000


Entering students employed in the following function areas:
Consulting 20
Finance/Accounting n/a
General Management 20
Human resources 5
Marketing/Sales 20
Management Information Systems 15
Operations/Logistics 20
Other n/a


Entering students employed in the following industries:
Government 5
Manufacturing 25
Non-Profit 5
Services 65
Other n/a


TOP CORPORATE CUSTOMERS

Organizations that send the most participants to the distance MBA program:

OrganizationNo.
1. Hewlett Packard7
2. EMC Corp.6
3. Raytheon Corp.6
4. Teradyne5
5. Intel5
6. Staples Inc.4
7. Saint-Gobain Abrasives, Inc.4
8. Cisco Systems3
9. Bose Corp.3
10. Verizon3
11. ArQule Inc.2
12. BASF Bio Research Corp.2
13. Mindspeed Technologies2
14. Morgan Construction2
15. U.S. Army Natick Soldier Center2


ADMISSIONS

Application fee (resident) $70
Application fee (nonresident) $70

20 people applied to the distance MBA program in 2005. The school accepted 75% (selectivity) of those applicants, and 93% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
2004200320022001
Selectivity78%75%80%n/a
Yield79%80%75%n/a

The B-school placed 0 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.

Interviews for MBA applicants are:
Not offered

In 2005, the B-school interviewed 10% of its distance 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 distance MBA program (U.S. dollars)
Program Cost - Historical Chart
2004200320022001
Resident$43,953$42,042$39,004n/a
Nonresident$43,953$42,042n/an/a

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  Dec. 9, 2005
All applicants:  July 28, 2006
All applicants:  Dec. 8, 2006

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
n/a

FINANCIAL AID

FINANCIAL AID:
Distance MBAs whose education is partially covered by employer 50%
Distance MBAs whose education is 100% covered by employer 40%

Distance MBAs apply for financial aid through a
Central financial aid office at the university

10% of distance MBAs applied for financial aid for the 2005-2006 academic year. 10% of distance MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, 0% received institutional scholarships, 0% received assistantships, and 100% received loans.

Average financial aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $10,000
Median financial aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range $6,000 - $18,000

SCHOLARSHIPS:
Scholarships are based on
academic merit
0 full-tuition scholarships were awarded by the school to distance MBAs for the 2005-2006 academic year.

Applicants apply for scholarship consideration As part of the admissions application


Average scholarship awarded $0
Percentage of returning part-time MBA students who receive the same amount of scholarship or more after the second year n/a

Does the school offer a guaranteed loan to all MBAs, regardless of nationality? No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates n/a
Total money distributed to MBAs through the financial aid office in the past academic year
Web link: Financial aid Web site



(1) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.

CONTACTS

Dean Dr. McRae C. Banks
Hired as of Aug. 1995
 
Program director Norm Wilkinson
 
Admissions director Norm Wilkinson
 
Financial aid director Monica Blondin
 
Career services director Yvonne Harrison
 
Alumni relations director n/a

 
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