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2005 FULL-TIME MBA PROFILE
Virginia Polytechnic Institute and State University
Pamplin College of Business — Graduate and International Programs
Address: 1044 Pamplin Hall
Virginia Tech
Blacksburg, VA 24061
E-Mail: mba_info@vt.edu
Web links: B-school Web site
Directions to school
 Getting In  Academics & Lifestyle Careers & Alumni Affairs

B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 22, 2005

Year program was founded 1968
Institution is U.S., Public
Business school accreditation:
AACSB
Length of program 24 months

Enrollment
Total graduate business students 546
Full-time MBA students 97
Part-time MBA students 134
Distance MBA students 92
Executive MBA students 50
PhD program students 65
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 3,621
 
Change in full-time class size in past academic year n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 24%
International students 1 31%
Married students n/a

For U.S. schools only:
African American students 2%
Alaskan Native of Pacific Islander American students 0%
Asian American students 29%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 0%
White (non-Hispanic) students 61%
Multiethnic/Multiracial students 6%
Not reported 2%
Other 0%

Students from the following regions:
Africa 4%
Asia 22%
Eastern and Central Europe and Central Asia 0%
Latin America and the Caribbean 0%
Middle East 0%
North America
 (Canada: 0% / U.S.: 100%)
69%
Oceania 0%
Western Europe 4%

North American students by region:
Canada 0%
Mid-Atlantic U.S. 82%
Midwest U.S. 0%
Northeast U.S. 0%
South U.S. 15%
Southwest U.S. 0%
U.S. Possessions and territories 0%
West U.S. 3%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average620647648636629
Median620640650630630
Range (middle 80%)580 - 660620 - 660600 - 700600 - 680550 - 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 550
Minimum TOEFL score required 550

Work Experience (months)
Average 27
Median 15
Range (middle 80%) 0 - 78
New entrants with one year or less of work experience 37%

Student Age (years)
Average 25
Median 24
Range (middle 80%) 22 - 30

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


ADMISSIONS

Application fee (resident) $45
Application fee (nonresident) $45

144 people applied to the full-time MBA program in 2005. The school accepted 52% (selectivity) of those applicants, and 65% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity52%40%39%37%39%
Yield65%58%55%58%52%

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

The B-school placed 0 applicant(s) on its wait list. n/a wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 33%
International applicants 1 56%

Interviews for MBA applicants are:
Required

In 2005, the B-school interviewed 100% 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$15,954$15,024$22,998$11,262$10,438
Nonresident$25,670$23,364$30,436$17,732$16,376
Expected monthly rent $600
Recommended annual budget (Resident) 1 $20,000
Recommended annual budget (Nonresident) $25,000

2005-2007 DEADLINES:
Application deadline(s)
International applicants:  Mar. 31, 2005

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 Central financial aid office at the university

100% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 61% 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, 49% received institutional scholarships, 37% received assistantships, and 0% 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 n/a - n/a
Scholarships: Based on a combination of need and merit


n/a 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 n/a
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 Richard Sorensen
Hired as of July 1982
 
Program director Tarun K. Sen
 
Admissions director Susan V. Reynolds
 
Financial aid director Susan Reynolds
 
Career services director Barry O'Donnell
 
Alumni relations director John King

 
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