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2005 FULL-TIME MBA PROFILE
Boston University
School of Management
Address: Boston University School of Management
595 Commonwealth Avenue
Boston, MA 02215
E-Mail: MBA@bu.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 6, 2005
Jan. 17, 2006
Sept. 5, 2006
Jan. 16, 2007

Year program was founded 1925
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 861
Full-time MBA students 304
Part-time MBA students 417
Distance MBA students n/a
Executive MBA students 51
PhD program students n/a
Doctorate of Business Administration (DBA) students 45
 
Total undergraduate business students 1,807
 
Change in full-time class size in past academic year -7%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 38%
International students 1 34%
Married students n/a

For U.S. schools only:
African American students 1%
Alaskan Native of Pacific Islander American students 1%
Asian American students 8%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 1%
White (non-Hispanic) students 48%
Multiethnic/Multiracial students n/a
Not reported 38%
Other 4%

Students from the following regions:
Africa 1%
Asia 23%
Eastern and Central Europe and Central Asia 4%
Latin America and the Caribbean 1%
Middle East 3%
North America
 (Canada: n/a / U.S.: n/a  )
67%
Oceania n/a
Western Europe 1%

North American students by region:
Canada n/a
Mid-Atlantic U.S. 5%
Midwest U.S. 6%
Northeast U.S. 70%
South U.S. 4%
Southwest U.S. 2%
U.S. Possessions and territories n/a
West U.S. 14%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average655637666632635
Median650630660630630
Range (middle 80%)600 - 720560 - 710600 - 710570 - 690570 - 700

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 638
Minimum TOEFL score required 600

Work Experience (months)
Average 52
Median 48
Range (middle 80%) 24 - 108
New entrants with one year or less of work experience 9%

Student Age (years)
Average 26
Median 26
Range (middle 80%) 24 - 31

Salary
Average base salary forgone to enter program n/a
Median base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $125
Application fee (nonresident) $125

811 people applied to the full-time MBA program in 2005. The school accepted 45% (selectivity) of those applicants, and 39% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity45%51%38%33%36%
Yield39%44%39%37%41%

n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

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.

Applicant Profile:
Female applicants 41%
International applicants 1 49%

Interviews for MBA applicants are:
By invitation only

In 2005, the B-school interviewed 66% of its full-time MBA applicants, and 100% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Program Cost - Historical Chart
20052004200320022001
Resident$61,060$60,564$56,220$27,042$52,236
Nonresident$61,060$60,564$56,220$27,042$52,236
Expected monthly rent n/a
Recommended annual budget (Resident) 1 $47,978
Recommended annual budget (Nonresident) $47,978

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  Nov. 15, 2005
All applicants:  Jan. 15, 2006
All applicants:  Mar. 15, 2006

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Mar. 15, 2006

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

100% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 95% of full-time 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, 92% received institutional scholarships, 1% received assistantships, and 51% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $24,508
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $5,000 - $56,364
Scholarships: Based on academic merit


16 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded $16,538
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates n/a
Total money distributed to MBAs in past academic year $3,704,400

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 Louis E. Lataif
Hired as of Sept. 1996
 
Program director Kathie Nolan
 
Admissions director Hayden Estrada
 
Financial aid director Elizabeth Catone
 
Career services director Catherine Ahlgren
 
Alumni relations director Peter Kelly

 
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BOSTON UNIV. INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays

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

BOSTON UNIV. INFO
Placement Q&A '04
Video Views
Search for articles about Boston Univ.

BOSTON UNIV. RANKINGS
Full-time MBA rank:
2004:  Second tier    1994:  --    
2002:  Third tier    1992:  --    
2000:  Second tier    1990:  --    
1998:  Third tier    1988:  --    
1996:  Third tier    
BW ranking history

EMBA rank:
2003:  --    1997:  --    
2001:  22    1993:  --    
1999:  --    



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