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Full-Time MBA Profile Publish Date 05/27/12

University of Iowa

Tippie School of Management

  • Program Basics

      • Full-time MBA
      • Henry B. Tippie School of Management
      • Henry B. Tippie School of Management
      • 100 Pomerantz Center, Suite 432
      • Iowa City, 52242, Iowa
      • United States
      • Program Web site: http://tippie.uiowa.edu/fulltimemba
      • Status: Public
      • Program e-mail address: tippiemba@uiowa.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 1,174
      • Full-Time MBA: 138
      • Part-Time MBA: 762
      • Executive MBA: 55
      • PhD Program: 95
      • Other graduate degree programs:
        • Master of Accounting
      • N/A

  • PROGRAM COSTS

    • Total direct costs (tuition and required fees) of the entire MBA program:

      • Resident: $39,332.00
      • Nonresident: $69,524.00
      • Recommended annual budget (Resident): $36,595.00
      • Recommended annual budget (Nonresident): $51,691.00

  • PROGRAM LENGTH

      • Full-time program (months): 21

  • ADMISSIONS

    • Application Deadlines

      • Semester: Fall 2012
      • Deadline: Jul 30, 2012
      • Does the program have rolling admissions? Yes
      • Is proficiency in English required for admission? Yes
      • Is a minimum score on an English language proficiency test required? Yes

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 600

    • Relative Importance of Application Elements:

      • GMAT Score: Very Important
      • Resume/Work Experience: Very Important
      • Application Essays: Very Important
      • Interviews: Very Important
      • Recommendations: Important
      • Undergraduate Transcripts: Very Important

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 316
      • Applicants who were accepted to the most recent class: 37 %
      • Admitted applicants who enrolled in the newest class: 59 %
      • Applicants who were re-applicants from prior years: 1 %
      • Percentage of this year's reapplicants accepted: 100 %
      • Applicants wait-listed during the last admissions cycle: N/A
      • Wait-listed applicants admitted for the semester to which they applied: N/A
      • Applicant interviews are: By invitation only
      • Applicants (admitted and denied) who were interviewed: 53 %
      • Admitted applicants who were interviewed: 100 %

  • APPLICANT POOL

      • International applications received: 59 %
      • Applications from women received: 23 %
      • Mean base salary forgone: $38,868.00
      • Median base salary forgone: $37,400.00

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 29 %
      • International: 24 %

    • Students from following regions:

      • Africa: 0 %
      • Asia: 22 %
      • Europe: 1 %
      • North America: 77 %
      • Latin America and the Caribbean: 0 %
      • Oceania: 0 %
      • Dual citizenship: 0 %

    • Percentage of U.S. students in newest entering class that are:

      • African American: 6 %
      • Asian American: 2 %
      • Hispanic or Latino American: 4 %
      • Multiethnic/Multiracial: 0 %
      • Native American: 0 %
      • White (Non-Hispanic): 77 %
      • Chose not to report: 11 %
      • Other: 0 %

    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Northeast: 4 %
      • Mid-Atlantic: 2 %
      • South: 2 %
      • Southwest: 2 %
      • Midwest: 71 %
      • West: 19 %
      • Possessions and territories: 0 %
      • Mean months of work experience of newest entering class: 50
      • Median months of work experience of newest entering class: 43

    • Middle 80% range of work experience of newest entering class in months:

      • From: 0
      • To: 91
      • Median age of entering class: 27
      • Mean age of entering class: 28

  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
      • Full-time MBAs who applied for financial aid for the current academic year: 100 %
      • Full-time MBAs receiving financial aid in the current academic year: 88 %
      • Mean MBA financial aid package for the current academic year: $36,482.00
      • Median MBA financial aid package for the current academic year: $33,176.00
      • On what basis are scholarships awarded?
        • some other criteria
        • academic merit
      • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
      • Mean scholarship awarded to full-time MBAs in the previous academic year: $8,285.00
      • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 78 %
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? Only to domestic students

  • GMAT

      • Are applicants required to take the GMAT? Yes
      • Are applicants allowed to submit the GRE? No
      • If not, how are applicants' quantitative abilities checked before enrollment? N/A

    • GMAT score distribution (applicant pool):

      • 25th Percentile 610
      • 50th Percentile (median) 660
      • 10th Percentile 550
      • 75th Percentile 690
      • 90th Percentile 720
      • Average GMAT Score 643

    • GMAT score distribution (incoming class):

      • 25th Percentile 620
      • 50th Percentile (median) 660
      • 10th Percentile 600
      • Average GMAT Score 666
      • 75th Percentile 703
      • 90th Percentile 723

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 65
      • Average number of students in a full-time MBA elective class: 21
      • Elective courses available to full-time MBA students: 50

    • Electives that have been added to the full-time program since June 30, 2010:

      • N/A

    • Concentrations and specializations offered to full-time MBA students:

        • Finance
        • General Management
        • Marketing
        • Operations Management
        • Strategy
        • Portfolio Management
      • N/A

    • Joint-degree programs offered to full-time MBAs:

        • MBA/MHSA (Health Services Administration)
        • MBA/JD (Law)
        • MBA/MD (Medicine)
        • Other
      • Does the school offer an accelerated full-time MBA program? No

    • The school believes that its leading areas of study for full-time MBA students are:

        • Finance
        • Marketing
        • Strategy
        • Operations Management
        • Portfolio Management

  • FACULTY

      • Faculty employed by the B-school: 194

    • Full-time faculty:

      • Tenured: 58
      • Non-Tenured: 49

    • Adjunct/Visiting Faculty:

      • Tenured: 1
      • Non-Tenured: 86

    • Women on Faculty:

      • Tenured: 12
      • Non-Tenured: 44

    • Minority Faculty:

      • Tenured: 7
      • Non-Tenured: 5

    • International Faculty:

      • Tenured: 6
      • Non-Tenured: 19

    • Faculty with PhDs:

      • Tenured: 59
      • Non-Tenured: 68

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Corporate Social Responsibility/NetImpact
        • Other
        • Finance
        • Marketing

    • Networking clubs available to full-time MBA students:

        • Women in MBA
        • Other
        • Volunteer

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 16 %
      • Distance Learning: 0 %
      • Experiential Learning: 27 %
      • Lectures: 37 %
      • Simulations: 5 %
      • Team Projects: 15 %
      • Other: 0 %

    • Requirements for graduation:

        • Students must complete a company-specific project and present results to relevant parties
        • Students must have earned a pre-determined GPA/Letter grade average
        • Other
      • Students must have met required course and credit hour requirements.

  • TECHNOLOGY

      • Technology improvements in the last three academic years: 2008:new conference room technology, re-designed college website, card access security system, lecture capture in some classrooms; 2009:online advising scheduling application, digital signage, new web 2.0 technologies for student use; 2010:online promotion & tenure application, incorporated a flash server, lecture capture systems in 100% of classrooms, upgraded all systems to Windows 7 and Office 2007 or 2010, additional digital signage kiosks, new email stations.
      • Amount spent: $3,500,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 7,955
      • Active MBA alumni clubs: 2
      • Countries in which MBA clubs exist: 2
      • Living MBA alumni who gave in past year: 6 %
      • Mean gift from MBA alumni: $214.00
      • Median gift from MBA alumni: $596.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $61,371,458.00
      • Does the main university offer career placement services for alumni? Yes
      • Does the main university have an alumni networking Web site? Yes
      • University alumni networking site: http://www.iowaalum.com/oniowa
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://tippie.uiowa.edu/alumni/networking.cfm
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? Yes

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 81 %
      • Graduates not seeking employment: 17 %
      • Graduates for whom you have no information regarding employment: 1 %

    • Annual job-searching trips that the school coordinates or participates in:

      • Destination: Career Discovery Fall Trip (Minneapolis)
      • Month: November 2011
      • Amount Paid By School: Partial
      • Destination: Midwest Career Fair (Chicago)
      • Month: October 2011
      • Amount Paid By School: Partial
      • Destination: NSHMBA (Los Angeles & Chicago)
      • Month: October 2011 & October 2010
      • Amount Paid By School: Partial
      • Destination: NBMBAA (Atlanta & Los Angeles)
      • Month: October 2011 & September 2010
      • Amount Paid By School: Partial
      • Destination: Reaching Out MBA Fair (Dallas & Los Angeles)
      • Month: October 2011 & October 2010
      • Amount Paid By School: Partial

    • Primary source of job offer:

      • School-facilitated activities: 68 %
      • Graduate-facilitated activities: 26 %
      • No information provided by graduate: 6 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 68 %
      • Received first job offer in three months following graduation: 21 %
      • Received first job offer more than 3 months after graduation: 0 %
      • Did not report having received a job offer: 11 %
      • Accepted first job offer by graduation: 60 %
      • Accepted first job offer in three months following graduation: 28 %
      • Accepted first job offer more than 3 months after graduation: 0 %
      • Did not report having accepted a job offer: 12 %

    • Top recruiting organizations most recent academic year:

      • Amazon 1
      • Citigroup 1
      • Cognizant 2
      • BMO Capital Markets 1
      • Capital One 1
      • Discover Financial Services 2
      • Delta Air Lines 1
      • Ford Motor Company 1
      • Gavilon Group 2
      • Goldman Sachs 1
      • Johnson & Johnson 1
      • Kimberly-Clark 1
      • United Airlines 1
      • ConAgra 1
      • United Stationers 1
      • Job-accepting graduates who received a signing bonus: 64 %

    • Base salary, signing bonuses and other compensation for most recent employed graduates:

      • Mean base salary: $82,539.00
      • Median base salary: $85,000.00
      • Mean signing bonus: $15,763.00
      • Median signing bonus: $10,000.00
      • Mean other guaranteed compensation: $16,476.00
      • Median other guaranteed compensation: $9,500.00

    • Graduating students who accepted jobs in the following functional areas:

      • Consulting: 13 %
      • Finance/Accounting: 45 %
      • General Management: 8 %
      • Human Resources: 0 %
      • Marketing/Sales: 16 %
      • Management Information Systems: 2 %
      • Operations/Logistics: 8 %
      • Other: 8 %

    • Graduating students who accepted jobs in the following industries:

      • Government: 2 %
      • Consulting: 4 %
      • Consumer Products: 10 %
      • Financial Services: 35 %
      • Manufacturing: 8 %
      • Media/Entertainment: 2 %
      • Non-Profit: 0 %
      • Petroleum/Energy: 4 %
      • Pharmaceutical/Biotechnology/Health Care: 13 %
      • Real Estate: 0 %
      • Technology: 4 %
      • Other: 18 %

    • Graduates who accepted full-time jobs in the following regions:

      • Africa: 0 %
      • Asia: 2 %
      • Europe: 0 %
      • North America: 96 %
      • Oceania: 0 %
      • Latin America and the Caribbean: 2 %

    • Within the U.S., graduates who accepted full-time jobs in the following regions:

      • Northeast: 3 %
      • Mid-Atlantic: 6 %
      • South: 17 %
      • Southwest: 0 %
      • Midwest: 68 %
      • West: 6 %
      • Possessions and territories: 0 %

    • Top recruiting organizations for internships, most recent academic year:

      • 3M 1
      • AT Kearney 1
      • Darden Restaurants 1
      • Deloitte 1
      • Ecolab 1
      • Gavilon Group 2
      • Intel 1
      • John Deere 1
      • Lowe's 1
      • MeadJohnson 1
      • Proctor & Gamble 1
      • RJ Reynolds 1
      • Sears Holdings 1
      • Toyota 1
      • Whirlpool 1
      • Internships awarded that are paid: 87 %

    • Weekly internship compensation:

      • Mean: $1,048.00
      • Median: $924.00

Getting In

B-School Life

Finding a Job

Paying the Bills