B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 29, 2005
|
| Year program was founded | 1947 |
| Institution is | U.S., Public |
Business school accreditation:
AACSB
North Central Association
|
| Length of program | 21 months |
Enrollment
| Total graduate business students | 2,046 |
| Full-time MBA students | 387 |
| Part-time MBA students | 309 |
| Distance MBA students | 1,010 |
| Executive MBA students | n/a |
| PhD program students | 84 |
| Doctorate of Business Administration (DBA) students | 0 |
| |
| Total undergraduate business students | 3,671 |
| |
| Change in full-time class size in past academic year | -2% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 22% |
| International students 1 | 35% |
| Married students | n/a |
For U.S. schools only: |
| African American students | 5% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 7% |
| Mexican American students | n/a |
| Puerto Rican students | n/a |
| Other Hispanic American students | 3% |
| White (non-Hispanic) students | 38% |
| Multiethnic/Multiracial students | 1% |
| Not reported | 5% |
| Other | 6% |
Students from the following regions:
| Africa | 0% |
| Asia | 28% |
| Eastern and Central Europe and Central Asia | 1% |
| Latin America and the Caribbean | 3% |
| Middle East | 1% |
North America
(Canada: 1% / U.S.: 99%) | 65% |
| Oceania | 0% |
| Western Europe | 2% |
North American students by region:
| Canada | 1% |
| Mid-Atlantic U.S. | 4% |
| Midwest U.S. | 56% |
| Northeast U.S. | 10% |
| South U.S. | 7% |
| Southwest U.S. | 7% |
| U.S. Possessions and territories | 2% |
| West U.S. | 13% |
(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 | 646 | 644 | 650 | 651 | 651 | | Median | 650 | 640 | 650 | 650 | 650 | | Range (middle 80%) | 570 - 710 | 580 - 710 | 580 - 710 | 580 - 710 | 580 - 720 |
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 | 640 |
| Minimum TOEFL score required | 600 |
Work Experience (months)
| Average | 60 |
| Median | 57 |
| Range (middle 80%) | 21 | - | 108 |
| New entrants with one year or less of work experience | 7% |
Student Age (years)
| Average | 28 |
| Median | 28 |
| Range (middle 80%) | 25 | - | 33 |
Salary
| Average base salary forgone to enter program | $52,698 |
| Median base salary forgone to enter program | $50,000 |
ADMISSIONS
| Application fee (resident) | $75 |
| Application fee (nonresident) | $75 |
1,004 people applied to the full-time MBA program in 2005. The school accepted 40% (selectivity) of those applicants, and 48% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Selectivity | 40% | 33% | 32% | 22% | 25% | | Yield | 48% | 48% | 46% | 45% | 50% |
n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.
The B-school placed 86 applicant(s) on its wait list. 19 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | n/a |
| International applicants 1 | n/a |
Interviews for MBA applicants are:
Recommended
In 2005, the B-school interviewed 78% of its full-time MBA applicants, and 99% 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 | $29,246 | $27,352 | $13,160 | $24,492 | $10,692 | | Nonresident | $57,080 | $53,488 | $25,260 | $46,900 | $20,694 |
| Expected monthly rent | $625 |
| Recommended annual budget (Resident) 1 | $25,927 |
| Recommended annual budget (Nonresident) | $39,844 |
2005-2007 DEADLINES:
Application deadline(s)
All applicants: Nov. 15, 2006
All applicants: Jan. 15, 2006
All applicants: Mar. 1, 2006
All applicants: Apr. 15, 2006
Rolling admissions? No
Deadline(s) for scheduling an interview
n/a
Financial aid deadline(s)
n/a
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school
95% 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, 26% received institutional scholarships, 36% received assistantships, and 86% received loans.
| Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | $26,000 |
| Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | n/a |
| Range of financial-aid packages | $2,000 | - | $50,000 |
Scholarships: Based on academic merit
35 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 | $14,000 |
| Guaranteed loan offered? 2 | Yes |
| Maximum amount students can borrow | $39,844 |
| Average outstanding loans for 2005 graduates | $35,000 |
| Total money distributed to MBAs in past academic year | $2,600,000 |
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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