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University of Minnesota
Carlson School of Management
1999 MBA Profile
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Editor's Note: Here is a 1999 update of the contacts and statistical information in the 1998 Business Week Online profile for this school. To see the more detailed original profile -- which includes graduate comments -- click here.
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1999-2000 Student Profile
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Total enrollment
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1,087
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Full-time students
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253
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Part-time students
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834
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Female
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26%
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Non-U.S. citzens
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22%
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Underrepresented minorities*
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6%
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Applicants accepted [selectivity]
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33%
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Applicants admitted [yield]
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40%
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Number of applicants
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975
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Overall applicants interviewed
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40%
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Admitted applicants interviewed
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60%
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Admitted students with less than one year of work experience
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3%
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GMAT scores
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Average
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643
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Range
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480
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to
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770
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Undergraduate GPA
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Average
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3.3
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Range
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2.6
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to
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3.9
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Work experience [years]
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Average
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5
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Range
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1
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to
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20
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Student age [years]
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Average
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28
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Range
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22
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to
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43
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In-state
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$12,385
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Out-of-state
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$17,401
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Room & board
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$9,000
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Recommended annual student budget [out-of-state]
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$22,000
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Average amount of outstanding MBA loans per full-time student
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N/A
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Application deadlines for Class of 2002
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Admission applications
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Financial aid applications
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Domestic
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01/01/00
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International
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02/01/00
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Domestic
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02/15/00
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International
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02/15/00
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Domestic
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03/01/00
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International
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N/A
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Domestic
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N/A
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International
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N/A
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Domestic
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04/01/00
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International
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N/A
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Domestic
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N/A
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International
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N/A
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* Underrepresented minority students are defined as U.S. citizens who are African American, Hispanic American, and Native American. They do not include Asian Americans.
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Estimated percentage of Class of 1999 [seeking employment] that took a job at a company with less than 100 employees
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13%
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Percentage of Class of 1999 [seeking employment] that received their first job offer by graduation
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96%
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Actual on-campus interviews conducted for full-time jobs [including first-round interviews] for second-year students
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1,515
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Companies that recruited second-year students on campus in past academic year
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94
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Actual on-campus interviews conducted for summer internships
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603
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Companies that recruited on campus for first-year interships
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40
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Average number of job offers received by a Class of 1999 graduate [seeking employment]
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2
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Opportunities posted via the Internet or electronically
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767
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Top Employers / Number of 1999 Hires
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Top 10 recruiting firms [i.e. hired the most 1999 grads] and the number of students hired
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1.
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Pillsbury
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9
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6.
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Dayton Hudson/Target
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5
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2.
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U.S. Bank
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9
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7.
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Guidant Corporation
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3
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3.
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Arthur Andersen Consulting
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9
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8.
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I-Pool (a
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2
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4.
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Deloitte Consulting
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5
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9.
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IBM
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2
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5.
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Ecolab
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4
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10.
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American Express
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2
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Prospects - 1998 / 1999 Grads
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Median starting base salary [excluding bonuses] for the Class of 1999
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$68,000
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Average starting base salary [excluding bonuses] for the Class of 1999
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$67,200
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Median first year signing bonus for the Class of 1999
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$10,000
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Average first year signing bonus for the Class of 1999
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$10,600
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Percentage of job-accepting Class of 1999 graduates who provided usable base salary information
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77%
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Percentage of job-accepting Class of 1999 graduates who received a signing bonus
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79%
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** The information presented in this section was collected using the MBA Career Services Council's Standards for Reporting MBA Employment Statistics
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Institution is
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Public
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Core MBA curriculumlast revised in
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1999
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B-school's operating budget for 1999-00 school year
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$45,163,000
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Amount of operating budget used to support financial aid
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$2,361,000
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Graduate school's total dollar endowment as of August 1, 1999
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$119,195,972
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Increase in operating budget used to support financial aid from 1998-99 academic year
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29%
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Accelerated MBA program offered
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No
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Laptop Computer Requirement
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No
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Distance learning program
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N/A
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School Concentrations / Specializations
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Marketing
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Finance
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Accounting
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Management Information Systems
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Operations Management
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Entreprenuership
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Lecture
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40%
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Case study
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30%
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Other
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30%
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Full-time faculty in residence for the 99-00 year
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111
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Adjunct or visiting faculty in residence for the 99-00 year
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59
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Dean
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David S. Kidwell
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Phone number
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612.625.0027
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Director of MBA Programs
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Gary Lindblad
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Phone number
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612.624.0006
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Director of Admissions
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Sandra Kelzenberg
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Phone number
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612.625.5555
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Director of Alumni Relations
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Lori Bush
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Phone number
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612.625.7309
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Director of Financial Aid
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Mark Larson
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Phone number
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612.624.0316
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Director of Career Services
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Mike Agnew
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Phone number
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612.624.0011
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Living MBA alumni
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9,000
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Alumni clubs
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5
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Living alumni who gave to the annual fund raising efforts of the school in 1998-99
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9%
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Median gift
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$50
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Average gift
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$1,346
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The information above was submited on behalf of the school by:
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Name
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Diana C. Cooper
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Title
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Manager of Market Analysis
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