B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 29, 2005
Aug. 28, 2006
Aug. 27, 2007
|
| Year program was founded | 1970 |
| Institution is | U.S., Private |
Business school accreditation:
AACSB |
| Length of program | 24 months |
Enrollment
| Total graduate business students | 111 |
| Full-time MBA students | 80 |
| Part-time MBA students | 31 |
| 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 | 1,278 |
| |
| Change in full-time class size in past academic year | 7% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 60% |
| International students 1 | 17% |
| Married students | 12% |
For U.S. schools only: |
| African American students | 94% |
| 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 | 3% |
| Multiethnic/Multiracial students | 0% |
| Not reported | 0% |
| Other | 0% |
Students from the following regions:
| Africa | 5% |
| Asia | 0% |
| Eastern and Central Europe and Central Asia | 0% |
| Latin America and the Caribbean | 12% |
| Middle East | 0% |
North America
(Canada: 0% / U.S.: 100%) | 83% |
| Oceania | 0% |
| Western Europe | 0% |
North American students by region:
| Canada | 0% |
| Mid-Atlantic U.S. | 64% |
| Midwest U.S. | 9% |
| Northeast U.S. | 3% |
| South U.S. | 15% |
| Southwest U.S. | 3% |
| U.S. Possessions and territories | 0% |
| West U.S. | 6% |
(1) Students from countries other than the school's home country.
CLASS TRAITS - MOST RECENT ENTERING CLASS
GMAT Scores - Historical Chart | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Average | 510 | 529 | 519 | 510 | 539 | | Median | 495 | 530 | 510 | 490 | 530 | | Range (middle 80%) | 420 - 640 | 460 - 630 | 460 - 590 | 460 - 610 | 470 - 610 |
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 |
Work Experience (months)
| Average | 44 |
| Median | 36 |
| Range (middle 80%) | 24 | - | 96 |
| New entrants with one year or less of work experience | 6% |
Student Age (years)
| Average | 28 |
| Median | 27 |
| Range (middle 80%) | 24 | - | 34 |
Salary
| Average base salary forgone to enter program | $58,159 |
| Median base salary forgone to enter program | $50,000 |
ADMISSIONS
| Application fee (resident) | $65 |
| Application fee (nonresident) | $65 |
215 people applied to the full-time MBA program in 2005. The school accepted 30% (selectivity) of those applicants, and 63% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Selectivity | 30% | 25% | 25% | 33% | 29% | | Yield | 63% | 70% | 38% | 50% | 61% |
7% of applicants had applied in prior years, and of those reapplicants 40% were accepted.
The B-school placed 10 applicant(s) on its wait list. 4 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | 50% |
| International applicants 1 | 45% |
Interviews for MBA applicants are:
Not required
In 2005, the B-school interviewed 0% of its full-time MBA applicants, and 0% 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 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Resident | $14,870 | $28,150 | $26,410 | $24,796 | $23,800 | | Nonresident | $14,870 | $28,150 | $26,410 | $24,796 | $23,800 |
| Expected monthly rent | $1,000 |
| Recommended annual budget (Resident) 1 | $30,070 |
| Recommended annual budget (Nonresident) | $30,070 |
2005-2007 DEADLINES:
Application deadline(s)
All applicants: Nov. 15, 2005
All applicants: Feb. 1, 2005
All applicants: Apr. 1, 2005
All applicants: Nov. 15, 2006
All applicants: Feb. 1, 2006
All applicants: Apr. 1, 2006
All applicants: Nov. 15, 2007
All applicants: Feb. 1, 2007
Rolling admissions? Yes
Deadline(s) for scheduling an interview
n/a
Financial aid deadline(s)
All applicants: Feb. 15, 2005
All applicants: Feb. 15, 2006
All applicants: Feb. 15, 2007
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university
94% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 94% 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, 63% received institutional scholarships, 39% received assistantships, and 67% received loans.
| Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | $24,435 |
| Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | n/a |
| Range of financial-aid packages | $6,000 | - | $40,909 |
Scholarships: Based on a combination of need and merit
27 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?
As part of the admissions application
| Average scholarship awarded | $13,865 |
| Guaranteed loan offered? 2 | Yes |
| Maximum amount students can borrow | $30,500 |
| Average outstanding loans for 2005 graduates | $38,142 |
| Total money distributed to MBAs in past academic year | $759,373 |
Financial aid Web site
(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.
CONTACTS
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