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2005 FULL-TIME MBA PROFILE
Miami University
Richard T Farmer School of Business — Miami University MBA Program
Address: Miami University
107 Laws Hall
Oxford, OH 45056
E-Mail: miamimba@muohio.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin May 16, 2005
May 15, 2006
May 14, 2007

Year program was founded 1961
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 14 months

Enrollment
Total graduate business students 88
Full-time MBA students 15
Part-time MBA students 17
Distance MBA students 0
Executive MBA students 0
PhD program students 0
Doctorate of Business Administration (DBA) students 0
 
Total undergraduate business students 4,400
 
Change in full-time class size in past academic year 100%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 47%
International students 1 13%
Married students 40%

For U.S. schools only:
African American students 7%
Alaskan Native of Pacific Islander American students 0%
Asian American students 7%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 0%
White (non-Hispanic) students 86%
Multiethnic/Multiracial students 0%
Not reported 0%
Other 0%

Students from the following regions:
Africa 0%
Asia 0%
Eastern and Central Europe and Central Asia 7%
Latin America and the Caribbean 0%
Middle East 0%
North America
 (Canada: 7% / U.S.: 93%)
93%
Oceania 0%
Western Europe 0%

North American students by region:
Canada 7%
Mid-Atlantic U.S. 0%
Midwest U.S. 72%
Northeast U.S. 0%
South U.S. 14%
Southwest U.S. 7%
U.S. Possessions and territories 0%
West U.S. 0%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average576n/an/a552550
Median570n/an/a540560
Range (middle 80%)530 - 620n/an/a510 - 600480 - 620

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 600
Minimum TOEFL score required 550

Work Experience (months)
Average 63
Median 44
Range (middle 80%) 27 - 84
New entrants with one year or less of work experience 0%

Student Age (years)
Average 28
Median 27
Range (middle 80%) 25 - 28

Salary
Average base salary forgone to enter program $53,000
Median base salary forgone to enter program $50,000


ADMISSIONS

Application fee (resident) $35
Application fee (nonresident) $35

40 people applied to the full-time MBA program in 2005. The school accepted 43% (selectivity) of those applicants, and 88% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity43%n/an/a44%49%
Yield88%n/an/a75%62%

0% of applicants had applied in prior years, and of those reapplicants 0% 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 23%
International applicants 1 45%

Interviews for MBA applicants are:
Required
Recommended

In 2005, the B-school interviewed 47% 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$17,900n/an/a$16,000$14,450
Nonresident$37,100n/an/a$33,230$30,000
Expected monthly rent $550
Recommended annual budget (Resident) 1 $36,000
Recommended annual budget (Nonresident) $55,800

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:  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

93% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 93% 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, 42% received institutional scholarships, 93% received assistantships, and 40% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $25,726
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $15,513 - $47,682
Scholarships: Based on academic merit
a combination of need and 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?
All candidates are considered for scholarship


Average scholarship awarded $3,400
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 $284,576

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 Roger L Jenkins
Hired as of July 2002
 
Program director C. Brad Bays
 
Admissions director Rita Morrow
 
Financial aid director n/a
 
Career services director n/a
 
Alumni relations director n/a

 
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