B-SCHOOL & PROGRAM BASICS
| Classes begin |
Aug. 22, 2005
Aug. 21, 2006
Aug. 20, 2007
|
| Year program was founded | 1936 |
| Institution is | U.S., Public |
Business school accreditation:
AACSB
North Central Association of Colleges and Schools
|
| Length of program | 22 months |
Enrollment
| Total graduate business students | 2,628 |
| Full-time MBA students | 2,002 |
| Part-time MBA students | 1,706 |
| Distance MBA students | 0 |
| Executive MBA students | 269 |
| PhD program students | 112 |
| Doctorate of Business Administration (DBA) students | n/a |
| |
| Total undergraduate business students | 1,704 |
| |
| Change in full-time class size in past academic year | -9% |
STUDENT PROFILE - MOST RECENT ENTERING CLASS
| Female students in class | 27% |
| International students 1 | 40% |
| Married students | n/a |
For U.S. schools only: |
| African American students | 1% |
| Alaskan Native of Pacific Islander American students | 0% |
| Asian American students | 3% |
| Mexican American students | 0% |
| Puerto Rican students | 0% |
| Other Hispanic American students | 1% |
| White (non-Hispanic) students | 55% |
| Multiethnic/Multiracial students | 0% |
| Not reported | 0% |
| Other | 0% |
Students from the following regions:
| Africa | 3% |
| Asia | 29% |
| Eastern and Central Europe and Central Asia | 1% |
| Latin America and the Caribbean | 6% |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | 60% |
| Oceania | n/a |
| Western Europe | n/a |
North American students by region:
| Canada | n/a |
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 69% |
| Northeast U.S. | 7% |
| South U.S. | 3% |
| Southwest U.S. | 7% |
| U.S. Possessions and territories | n/a |
| West U.S. | 12% |
(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 | 650 | 656 | 654 | 645 | 645 | | Median | 650 | 650 | 650 | 640 | 640 | | Range (middle 80%) | 610 - 705 | 590 - 720 | 590 - 710 | 570 - 710 | 570 - 710 |
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 | 620 |
| Minimum TOEFL score required | 580 |
Work Experience (months)
| Average | 60 |
| Median | 56 |
| Range (middle 80%) | 18 | - | 120 |
| New entrants with one year or less of work experience | 5% |
Student Age (years)
| Average | 29 |
| Median | 28 |
| Range (middle 80%) | 25 | - | 36 |
Salary
| Average base salary forgone to enter program | $39,000 |
| Median base salary forgone to enter program | $41,800 |
ADMISSIONS
| Application fee (resident) | $60 |
| Application fee (nonresident) | $90 |
453 people applied to the full-time MBA program in 2005. The school accepted 48% (selectivity) of those applicants, and 44% of admitted applicants (yield) enrolled in the program.
Selectivity/Yield - Historical Chart | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|
| Selectivity | 48% | 44% | 42% | 40% | 34% | | Yield | 44% | 49% | 39% | 42% | 41% |
2% of applicants had applied in prior years, and of those reapplicants 43% were accepted.
The B-school placed 22 applicant(s) on its wait list. 2 wait-listed applicants were admitted to the semester for which they applied.
Applicant Profile:
| Female applicants | 26% |
| International applicants 1 | 58% |
Interviews for MBA applicants are:
Recommended
In 2005, the B-school interviewed 64% of its full-time MBA applicants, and 92% 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 | $47,850 | $44,250 | $40,000 | $38,000 | $16,851 | | Nonresident | $65,890 | $61,005 | $55,000 | $52,000 | $21,367 |
| Expected monthly rent | $1,167 |
| Recommended annual budget (Resident) 1 | $37,925 |
| Recommended annual budget (Nonresident) | $46,945 |
2005-2007 DEADLINES:
Application deadline(s)
International applicants: Dec. 1, 2005
All applicants: Feb. 15, 2006
International applicants: Dec. 1, 2006
All applicants: Feb. 15, 2007
Rolling admissions? No
Deadline(s) for scheduling an interview
All applicants: Apr. 15, 2006
All applicants: Apr. 15, 2007
Financial aid deadline(s)
All applicants: Mar. 1, 2006
All applicants: Mar. 1, 2007
FINANCIAL AID:
Full-time MBAs apply for financial aid through a Central financial aid office at the university
80% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 77% 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, 8% received assistantships, and 41% received loans.
| Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | $29,260 |
| Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) | n/a |
| Range of financial-aid packages | $5,000 | - | $57,140 |
Scholarships: Based on academic merit
32 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 | $19,200 |
| Guaranteed loan offered? 2 | No |
| Maximum amount students can borrow | n/a |
| Average outstanding loans for 2005 graduates | $41,877 |
| Total money distributed to MBAs in past academic year | $2,534,340 |
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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