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2005 FULL-TIME MBA PROFILE
Rochester Institute of Technology
College of Business
Address: 105 Lomb Memorial Drive
Rochester, NY 14623
E-Mail: gradbus@rit.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 4, 2006
Nov. 28, 2005
Mar. 13, 2006
June 5, 2006

Year program was founded 1967
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 24 months

Enrollment
Total graduate business students 454
Full-time MBA students 232
Part-time MBA students 148
Distance MBA students n/a
Executive MBA students 45
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 850
 
Change in full-time class size in past academic year n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 35%
International students 1 42%
Married students n/a

For U.S. schools only:
African American students 3%
Alaskan Native of Pacific Islander American students n/a
Asian American students 3%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students n/a
White (non-Hispanic) students 72%
Multiethnic/Multiracial students n/a
Not reported 21%
Other 1%

Students from the following regions:
Africa 6%
Asia 16%
Eastern and Central Europe and Central Asia 8%
Latin America and the Caribbean 8%
Middle East 5%
North America
 (Canada: n/a / U.S.: n/a  )
57%
Oceania n/a
Western Europe n/a

North American students by region:
Canada n/a
Mid-Atlantic U.S. 3%
Midwest U.S. n/a
Northeast U.S. 97%
South U.S. n/a
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average572597573576572
Median570n/a580575570
Range (middle 80%)510 - 640520 - 670530 - 620490 - 660490 - 660

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 608
Minimum TOEFL score required 580

Work Experience (months)
Average 31
Median 48
Range (middle 80%) 18 - 48
New entrants with one year or less of work experience n/a

Student Age (years)
Average 25
Median 24
Range (middle 80%) 22 - 27

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


ADMISSIONS

Application fee (resident) $50
Application fee (nonresident) $50

274 people applied to the full-time MBA program in 2005. The school accepted 78% (selectivity) of those applicants, and 38% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity78%83%80%73%76%
Yield38%46%43%38%33%

n/a of applicants had applied in prior years, and of those reapplicants n/a were accepted.

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

Applicant Profile:
Female applicants 28%
International applicants 1 51%

Interviews for MBA applicants are:
Not required

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$51,150$48,528$45,930$43,740$43,000
Nonresident$51,150$48,528$45,930$43,750$43,000
Expected monthly rent $700
Recommended annual budget (Resident) 1 $32,685
Recommended annual budget (Nonresident) $32,685

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

Rolling admissions? Yes

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 Central financial aid office at the university

n/a of full-time MBAs applied for financial aid for the 2005-2006 academic year. n/a 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, 43% received institutional scholarships, 15% received assistantships, and n/a received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $3,000 - $16,866
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?
All candidates are considered for scholarship


Average scholarship awarded $8,896
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 n/a

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 Thomas D. Hopkins
Hired as of May 1999
 
Program director Brian O'Neil, Ph.D.
 
Admissions director Diane Ellison
 
Financial aid director Verna Hazen
 
Career services director Emmanuel Contomanolis
 
Alumni relations director Kelly Redder

 
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