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2005 FULL-TIME MBA PROFILE
Hofstra University
Frank G. Zarb School of Business
Address: Hofstra University
Frank G. Zarb School of Business
Hempstead, NY 11549
E-Mail: HUMBA@hofstra.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. 30, 2006

Year program was founded 1951
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 24 months

Enrollment
Total graduate business students 554
Full-time MBA students 156
Part-time MBA students 296
Distance MBA students n/a
Executive MBA students 34
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 2,338
 
Change in full-time class size in past academic year 13%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 43%
International students 1 25%
Married students n/a

For U.S. schools only:
African American students 7%
Alaskan Native of Pacific Islander American students n/a
Asian American students 23%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 5%
White (non-Hispanic) students 48%
Multiethnic/Multiracial students n/a
Not reported 18%
Other n/a

Students from the following regions:
Africa n/a
Asia 18%
Eastern and Central Europe and Central Asia n/a
Latin America and the Caribbean 2%
Middle East n/a
North America
 (Canada: 3% / U.S.: 97%)
77%
Oceania n/a
Western Europe 2%

North American students by region:
Canada 3%
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. 91%
South U.S. 3%
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. 3%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average528516531508570
Median515510520500580
Range (middle 80%)440 - 640440 - 590470 - 630420 - 590440 - 630

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

Work Experience (months)
Average 36
Median 30
Range (middle 80%) 12 - 48
New entrants with one year or less of work experience 35%

Student Age (years)
Average 24
Median 23
Range (middle 80%) 21 - 30

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


ADMISSIONS

Application fee (resident) $60
Application fee (nonresident) $60

302 people applied to the full-time MBA program in 2005. The school accepted 46% (selectivity) of those applicants, and 59% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity46%39%71%81%86%
Yield59%66%57%42%n/a

0% of applicants had applied in prior years, and of those reapplicants 0% were accepted.

The B-school placed 2 applicant(s) on its wait list. 0 wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 32%
International applicants 1 12%

Interviews for MBA applicants are:
By invitation only

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$34,560$34,240$31,174$32,400$29,550
Nonresident$34,560$34,240$31,174$32,400$29,550
Expected monthly rent $850
Recommended annual budget (Resident) 1 $31,000
Recommended annual budget (Nonresident) $31,000

2005-2007 DEADLINES:
Application deadline(s)
n/a

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Mar. 1, 2006

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

58% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 58% 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, 31% received institutional scholarships, 15% received assistantships, and 74% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $16,690
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $3,500 - $34,600
Scholarships: Based on academic merit


0 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 $7,017
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 $307,916

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 Ralph Polimeni
Hired as of May 1997
 
Program director Stuart L. Bass
 
Admissions director Carol Drummer
 
Financial aid director Amy Kahn
 
Career services director Barbara Church-Kattan
 
Alumni relations director Margaret Shields

 
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