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2005 FULL-TIME MBA PROFILE
Eastern Illinois University
Lumpkin School of Business
Address: School of Business
600 Lincoln Ave.
Charleston, IL 61920
E-Mail: mba@eiu.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 22, 2005
Jan. 9, 2006
May 15, 2006
Aug. 21, 2006

Year program was founded 1969
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 12 months

Enrollment
Total graduate business students 192
Full-time MBA students 109
Part-time MBA students 83
Distance MBA students n/a
Executive MBA students n/a
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year 11%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 45%
International students 1 10%
Married students n/a

For U.S. schools only:
African American students 5%
Alaskan Native of Pacific Islander American students 2%
Asian American students n/a
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 4%
White (non-Hispanic) students 89%
Multiethnic/Multiracial students n/a
Not reported n/a
Other n/a

Students from the following regions:
Africa n/a
Asia 5%
Eastern and Central Europe and Central Asia n/a
Latin America and the Caribbean n/a
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
90%
Oceania n/a
Western Europe 5%

North American students by region:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. 100%
Northeast U.S. n/a
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average526514514535542
Median530500n/an/a540
Range (middle 80%)430 - 610n/an/a450 - 630n/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 612
Minimum TOEFL score required 550

Work Experience (months)
Average 72
Median 24
Range (middle 80%) 0 - 252
New entrants with one year or less of work experience 42%

Student Age (years)
Average 28
Median 24
Range (middle 80%) 22 - 43

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


ADMISSIONS

Application fee (resident) $30
Application fee (nonresident) $30

104 people applied to the full-time MBA program in 2005. The school accepted 69% (selectivity) of those applicants, and 86% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity69%88%70%90%95%
Yield86%84%73%75%45%

7% of applicants had applied in prior years, and of those reapplicants 100% were accepted.

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

Applicant Profile:
Female applicants 40%
International applicants 1 11%

Interviews for MBA applicants are:
Not offered

In 2005, the B-school interviewed n/a of its full-time MBA applicants, and n/a 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$7,500$6,500$6,500$6,000$3,500
Nonresident$17,400$15,000$15,000$14,500$13,500
Expected monthly rent $500
Recommended annual budget (Resident) 1 $13,500
Recommended annual budget (Nonresident) $23,500

2005-2007 DEADLINES:
Application deadline(s)
International applicants:  Oct. 15, 2005
International applicants:  May 15, 2006
International applicants:  Oct. 15, 2006
International applicants:  May 15, 2007

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
International applicants:  Oct. 15, 2005
International applicants:  Mar. 31, 2006
International applicants:  Oct. 15, 2006
International applicants:  Mar. 31, 2007

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university

38% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 24% 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, 10% received institutional scholarships, 49% received assistantships, and 5% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $7,500
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages n/a - n/a
Scholarships: Based on a combination of need and merit


n/a 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?
Separate scholarship application


Average scholarship awarded n/a
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates n/a
Total money distributed to MBAs in past academic year n/a

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 Dr. Diane Hoadley
Hired as of Aug. 2002
 
Program director Dr. Cheryl L. Noll
 
Admissions director Dr. Cheryl L. Noll
 
Financial aid director Jone Zieren
 
Career services director Linda Moore
 
Alumni relations director Steve Rich

 
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