Program Basics

• • Full-time MBA Program
  • Joseph M. Katz Graduate School of Business
  • 301 Mervis Hall
  • Pittsburgh, 15260, Pennsylvania
  • United States
  • Program Web site: http://www.business.pitt.edu/katz/
  • Status: Public
  • Program e-mail address: mba@katz.pitt.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 907
  • Full-Time MBA: 187
  • Part-Time MBA: 570
  • Executive MBA: 71
  • PhD Program: 52
• • Other graduate degree programs:
    • Master of Accounting
    • Master of Electronic Commerce/Information Systems

PROGRAM COSTS

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

  • Resident: $42,920.00
  • Nonresident: $56,196.00
  • Recommended annual budget (Resident): $38,462.00
  • Recommended annual budget (Nonresident): $45,098.00

PROGRAM LENGTH

• • Full-time program (months): 20

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Oct 17, 2011
  • Semester: Fall 2012
  • Deadline: Dec 1, 2011
  • Semester: Fall 2012
  • Deadline: Dec 1, 2011
  • Semester: Fall 2012
  • Deadline: Apr 2, 2012
• • Does the program have rolling admissions? No
  • 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: Important
  • Resume/Work Experience: Very Important
  • Application Essays: Important
  • Interviews: Very Important
  • Recommendations: Important
  • Undergraduate Transcripts: Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 472
  • Applicants who were accepted to the most recent class: 46 %
  • Admitted applicants who enrolled in the newest class: 48 %
  • Applicants who were re-applicants from prior years: 3 %
  • Percentage of this year's reapplicants accepted: 33 %
  • Applicants wait-listed during the last admissions cycle: 102
  • Wait-listed applicants admitted for the semester to which they applied: 53
  • Applicant interviews are: Required
  • Applicants (admitted and denied) who were interviewed: 97 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 53 %
  • Applications from women received: 36 %
  • Mean base salary forgone: $37,134.00
  • Median base salary forgone: $33,350.00

CLASS PROFILE

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

  • Female: 32 %
  • International: 38 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 31 %
  • North America: 60 %
  • Latin America and the Caribbean: 3 %
  • Oceania: 1 %
  • Dual citizenship: 1 %

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

  • African American: 11 %
  • Hispanic or Latino American: 10 %
  • Multiethnic/Multiracial: 3 %
  • White (Non-Hispanic): 68 %
  • Chose not to report: 8 %

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

  • Northeast: 7 %
  • Mid-Atlantic: 72 %
  • South: 8 %
  • Midwest: 11 %
  • West: 2 %
• • Mean months of work experience of newest entering class: 42
  • Median months of work experience of newest entering class: 36

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

  • From: 0
  • To: 52
• • Median age of entering class: 26
  • Mean age of entering class: 26

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Central financial aid office at the university
  • On what basis are scholarships awarded?
    • academic merit
  • How does an applicant apply for scholarship consideration? Unique scholarship application
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $12,943.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool):

  • 75th Percentile 660
  • 25th Percentile 560
  • 50th Percentile (median) 620
  • 90th Percentile 710
  • Average GMAT Score 601
  • 10th Percentile 430

• GMAT score distribution (incoming class):

  • 10th Percentile 500
  • 25th Percentile 570
  • 75th Percentile 680
  • 90th Percentile 690
  • 50th Percentile (median) 625
  • Average GMAT Score 614

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 36
  • Average number of students in a full-time MBA elective class: 19
  • Elective courses available to full-time MBA students: 98

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

  • Marketing and Social Media Strategy
  • Private Equity
  • Corporate Finance

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

  • • Finance
    • Management Information Systems
    • Entrepreneurship
    • Marketing
    • Supply Chain Management
    • Accounting
    • Human Resource Management
    • Leadership
    • Operations Management
    • Strategy
    • Organizational Behavior
    • International Business
  • Concentration in Doctoral Studies

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

  • • MBA/MSIM (Information Management)
    • MBA/JD (Law)
    • MBA/Meng (Engineering - Manufacturing Management)
    • Other
    • MBA/ME (Engineering)
    • MBA/MSEE (Electrical Engineering)
    • MBA/MSIE (Industrial Engineering)
    • MBA/MSME (Mechanical Engineering)
    • MBA/MIM (International Management)
• • Does the school offer an accelerated full-time MBA program? Yes

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

  • • Finance
    • Marketing
    • Management Information Systems
    • Strategy
    • Operations Management

FACULTY

• • Faculty employed by the B-school: 121

• Full-time faculty:

  • Tenured: 48
  • Non-Tenured: 39

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 34

• Women on Faculty:

  • Tenured: 11
  • Non-Tenured: 23

• Minority Faculty:

  • Tenured: 14
  • Non-Tenured: 11

• International Faculty:

  • Tenured: 7
  • Non-Tenured: 6

• Faculty with PhDs:

  • Tenured: 48
  • Non-Tenured: 43

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Business Ethics
    • Finance
    • Marketing
    • Information Technology
    • Manufacturing
    • Human Resources

• Networking clubs available to full-time MBA students:

  • • Black MBA Association
    • Hispanic Student Organization
    • Women in MBA

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 25 %
  • Experiential Learning: 20 %
  • Lectures: 30 %
  • Simulations: 10 %
  • Team Projects: 15 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
  • Ethics requirement, language requirement for international students

TECHNOLOGY

• • Technology improvements in the last three academic years: Financial Lab; new classroom technologies; digital display screens; new virtual infrastructure; enhanced wireless access throughout building; SharePoint Intranet for faculty, staff and students; all student team rooms outfitted with LCD screens; all faculty and staff meeting rooms outfitted with LCD screens; enhanced student print kiosks; and enhanced student placement software package for use by graduating students and Career Services.
  • Amount spent: $4,200,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 16,895
  • Active MBA alumni clubs: 5
  • Countries in which MBA clubs exist: 5
  • Living MBA alumni who gave in past year: 5 %
  • Mean gift from MBA alumni: $300.00
  • Median gift from MBA alumni: $50.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $49,812,243.00
  • 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.alumni.pitt.edu/connect/
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.alumniconnections.com/olc/membersonly/UPTK/mypage.jsp
  • 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: 67 %
  • Graduates not seeking employment: 29 %
  • Graduates for whom you have no information regarding employment: 4 %

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

  • Destination: National Black MBA Association Conference
  • Month: October
  • Amount Paid By School: Partial
  • Destination: National Association of Women MBAs Conference
  • Month: September
  • Amount Paid By School: Partial
  • Destination: National Society of Hispanic MBAs Conference
  • Month: October
  • Amount Paid By School: Partial
  • Destination: National Asian MBA Association Conference
  • Month: September
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 55 %
  • Graduate-facilitated activities: 45 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 70 %
  • Received first job offer in three months following graduation: 20 %
  • Did not report having received a job offer: 10 %
  • Accepted first job offer by graduation: 52 %
  • Accepted first job offer in three months following graduation: 31 %
  • Did not report having accepted a job offer: 17 %

• Top recruiting organizations most recent academic year:

  • Deloitte 6
  • KPMG 5
  • PNC 5
  • Bank of New York Mellon 4
  • Crane 3
  • IMPAQT 3
  • Dick's Sporting Goods 2
  • FedEx 2
  • IBM 2
  • SDLC Partners 2
  • UPMC 2
  • Westinghouse 2
  • Texas Instruments 1
  • General Electric 1
  • Gallup 1
• • Job-accepting graduates who received a signing bonus: 32 %

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

  • Mean base salary: $71,328.00
  • Median base salary: $69,100.00
  • Mean signing bonus: $9,192.00
  • Median signing bonus: $5,000.00
  • Mean other guaranteed compensation: $8,053.00
  • Median other guaranteed compensation: $5,000.00

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

  • Consulting: 23 %
  • Finance/Accounting: 30 %
  • General Management: 2 %
  • Human Resources: 2 %
  • Marketing/Sales: 13 %
  • Management Information Systems: 3 %
  • Operations/Logistics: 15 %
  • Other: 12 %

• Graduating students who accepted jobs in the following industries:

  • Government: 1 %
  • Consulting: 22 %
  • Consumer Products: 1 %
  • Financial Services: 19 %
  • Manufacturing: 16 %
  • Media/Entertainment: 3 %
  • Non-Profit: 3 %
  • Petroleum/Energy: 6 %
  • Pharmaceutical/Biotechnology/Health Care: 5 %
  • Real Estate: 0 %
  • Technology: 2 %
  • Other: 22 %

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

  • Africa: 0 %
  • Asia: 1 %
  • North America: 98 %

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

  • Northeast: 6 %
  • Mid-Atlantic: 74 %
  • South: 2 %
  • Southwest: 6 %
  • Midwest: 8 %
  • West: 3 %

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

  • Crane 3
  • Giant Eagle 3
  • Tsudis Chocolate Company 3
  • Texas Instruments 2
  • Abarta 2
  • KPMG 2
  • Alcoa 1
  • Deloitte 1
  • Ford 1
  • General Electric 1
  • Vanguard 1
  • Tri-State Capital Bank 1
  • PPG 1
  • Liberty Mutual 1
  • Willis 1
• • Internships awarded that are paid: 90 %
• • Average internship length in weeks: 12

SCHOOL COMMENTS

• • School Comments: The Katz Graduate School of Business offers both a Two-Year MBA and a One-Year MBA.

• • -Excellent professors, diverse student body and good atmosphere for learning.
    
    -The Katz program at the University of Pittsburgh is a great one for people who do not have a business background. The school places a lot of focus, especially in the first year, on making sure students have a strong foundation before taking them further into the MBA process. Coming from a communications background, I was nervous that I would be behind my classmates in the beginning, but I really felt like I had a good understanding of the basics after my first semester before I really dove into the various electives.
    
    -I think the teachers in this program were excellent overall. I learned a great deal in all my classes, as well as how to juggle a huge load of work. Additionally, my fellow classmates and the wonderful support staff made this experience all the better.
    
    -The school's career services are very poor. I do not have accurate comparative figures from other B-school's, however based on hearsay from friends, I've come to believe that there are many more opportunities in the job market than the handful of companies coming on campus at Katz. Based on the number of sacrifices international students make, I think Katz does not do a good job with placement, or for that matter, even dealing with international students.
    
    -I had a chance to interact with a diverse group. You feel a sense of belonging, to the school and the community. You take what you learn and apply it without knowing that you learned it. What you learn becomes part of who you are.
    
    -I believe this school has not changed according to times. Career services is the weakest link in this school. The academics are at par with CMU-Tepper, but CSC is pathetic to say the least. Forget about the abilities, the career services teams do not want to make sincere efforts to bring new companies and improve the rankings. For aspirants who want to resume their post-MBA career in the USA, this school is a complete no-no.
    
    -The program is excellent. If my friends are only concerned with the quality of education I would recommend the school. However if they wish to find a job then I wouldn't because the career services stinks.
    
    -Simply amazing, the MBA Programs office at Katz is willing to let clubs and organizations go anywhere or do anything to enrich their professional experience. I may have set-up and participated in over 60 events in my two years at Katz.
    
    -The school is excellent but is being severely let down by the lack of job offers for graduates. The alumni network is worthless and campus recruiting is non-existent. It is surprising that in a school with such a good faculty there is no campus recruitment!
    
    -The University of Pittsburgh might be the best value on the market for B-schools. My out of state tuition was the same as the University of Illinois-Chicago's in-state tuition (I am from Illinois). Not only is the program affordable and robust, but living expenses in Pittsburgh are relatively low. A perfect combination for students (grad or undergrad).
    
    -The University of Pittsburgh (Katz) did provide an excellent academic environment; however, due to the students' age--most of us are under 26—there wasn’t a lot of work-experience to share in the classroom, which resulted in poor job-discussion environment. If Katz can improve it, I believe it could be regarded as an excellent program.