University of St. Thomas
Opus College of Business
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Program Basics
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- Full-time UST MBA
- Opus College of Business
- 1000 LaSalle Ave SCH 103
- MN
- Minneapolis, 55403, Minnesota
- United States
- Program Web site: http://www.stthomas.edu/fulltimemba
- Status: Private
- Program e-mail address: ustmba@stthomas.edu
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Graduate business school is accredited by:
- Association to Advance Collegiate Schools of Business (AACSB)
- Other
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SCHOOL BASICS
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Graduate business school enrollment:
- Total: 1,298
- Full-Time MBA: 90
- Part-Time MBA: 947
- Executive MBA: 37
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Other graduate degree programs:
- Other
- Master of Business Communication; MS degrees in the fields of Accountancy and Real Estate
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Other graduate degree programs:
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PROGRAM COSTS
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Total direct costs (tuition and required fees) of the entire MBA program:
- Resident: $57,148.00
- Nonresident: $57,148.00
- Recommended annual budget (Resident): $43,824.00
- Recommended annual budget (Nonresident): $43,824.00
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PROGRAM LENGTH
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- Full-time program (months): 21
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ADMISSIONS
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Application Deadlines
- Semester: Fall 2012
- Deadline: Dec 15, 2011
- Semester: Fall 2012
- Deadline: Feb 15, 2012
- Semester: Fall 2012
- Deadline: Apr 15, 2012
- Semester: Fall 2012
- Deadline: Jun 15, 2012
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- 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
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Which English language proficiency tests are accepted?
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- IELTS
- TOEFL Internet Based Test
- TOEFL Paper-based Test
- U Michigan Language Test
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- Minimum paper-based TOEFL score required for MBAs: 550
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Relative Importance of Application Elements:
- GMAT Score: Very Important
- Resume/Work Experience: Very Important
- Application Essays: Important
- Interviews: Very Important
- Recommendations: Important
- Undergraduate Transcripts: Important
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APPLICANTS
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- Applications (admitted and denied) to the newest class: 65
- Applicants who were accepted to the most recent class: 89 %
- Admitted applicants who enrolled in the newest class: 69 %
- Applicants who were re-applicants from prior years: 2 %
- Percentage of this year's reapplicants accepted: 0 %
- Applicants wait-listed during the last admissions cycle: 1
- Wait-listed applicants admitted for the semester to which they applied: 0
- Applicant interviews are: Required
- Applicants (admitted and denied) who were interviewed: 94 %
- Admitted applicants who were interviewed: 100 %
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APPLICANT POOL
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- International applications received: 15 %
- Applications from women received: 38 %
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CLASS PROFILE
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Full-time students in newest entering class (2010-2011) that are:
- Female: 38 %
- International: 20 %
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Students from following regions:
- Africa: 5 %
- Asia: 8 %
- Europe: 2 %
- North America: 80 %
- Latin America and the Caribbean: 5 %
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Percentage of U.S. students in newest entering class that are:
- African American: 3 %
- Asian American: 14 %
- Hispanic or Latino American: 3 %
- White (Non-Hispanic): 80 %
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Percentage of U.S. students in newest entering class who are from the following regions:
- Mid-Atlantic: 3 %
- Midwest: 97 %
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- Mean months of work experience of newest entering class: 47
- Median months of work experience of newest entering class: 49
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Middle 80% range of work experience of newest entering class in months:
- From: 0
- To: 80
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- Median age of entering class: 28
- Mean age of entering class: 28
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FINANCIAL AID
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- Full-time MBAs apply for financial aid through: Central financial aid office at the university
- Full-time MBAs who applied for financial aid for the current academic year: 87 %
- Full-time MBAs receiving financial aid in the current academic year: 86 %
- Mean MBA financial aid package for the current academic year: $32,613.00
- Median MBA financial aid package for the current academic year: $41,158.00
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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: $12,281.00
- 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? No
- Mean outstanding debt among the most recent graduates from the full-time MBA program: $52,699.00
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GMAT
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- Are applicants required to take the GMAT? Yes
- Are applicants allowed to submit the GRE? No
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GMAT score distribution (applicant pool):
- 10th Percentile 460
- 50th Percentile (median) 570
- 75th Percentile 640
- 25th Percentile 530
- Average GMAT Score 573
- 90th Percentile 686
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GMAT score distribution (incoming class):
- 10th Percentile 500
- 25th Percentile 530
- 50th Percentile (median) 580
- 75th Percentile 620
- 90th Percentile 680
- Average GMAT Score 581
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CLASS OFFERINGS
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- Average number of students in a full-time MBA core class: 20
- Average number of students in a full-time MBA elective class: 11
- Elective courses available to full-time MBA students: 75
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Concentrations and specializations offered to full-time MBA students:
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- Finance
- Management Information Systems
- Entrepreneurship
- General Management
- Marketing
- Health Care Administration
- Real Estate
- Accounting
- Human Resource Management
- Leadership
- Manufacturing and Technology Management
- Operations Management
- Strategy
- Non Profit Management
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Joint-degree programs offered to full-time MBAs:
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- MBA/JD (Law)
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- Does the school offer an accelerated full-time MBA program? No
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The school believes that its leading areas of study for full-time MBA students are:
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- Corporate Social Responsibility
- Finance
- General Management
- Entrepreneurship
- Marketing
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FACULTY
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- Faculty employed by the B-school: 136
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Full-time faculty:
- Tenured: 61
- Non-Tenured: 41
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Adjunct/Visiting Faculty:
- Tenured: 0
- Non-Tenured: 34
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Women on Faculty:
- Tenured: 17
- Non-Tenured: 27
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Minority Faculty:
- Tenured: 8
- Non-Tenured: 20
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International Faculty:
- Tenured: 7
- Non-Tenured: 11
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Faculty with PhDs:
- Tenured: 59
- Non-Tenured: 56
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STUDENT LIFE
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Professional clubs available to full-time MBA students:
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- Biotech/Health care
- Corporate Social Responsibility/NetImpact
- Entrepreneurship
- Consulting
- Other
- Business Ethics
- Finance
- Marketing
- Nonprofit
- VC/ Private Equity
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Networking clubs available to full-time MBA students:
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- Black MBA Association
- Hispanic Student Organization
- International Club
- Women in MBA
- Volunteer
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TEACHING/ACADEMICS
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Teaching methods used:
- Case Study: 20 %
- Distance Learning: 0 %
- Experiential Learning: 20 %
- Lectures: 15 %
- Simulations: 15 %
- Team Projects: 25 %
- Other: 5 %
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Requirements for graduation:
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- Students must complete a company-specific project and present results to relevant parties
- Students must have attended a minimum number of classes
- Students must have earned a pre-determined GPA/Letter grade average
- Other
- Six credits of business simulation curriculum.
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TECHNOLOGY
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- Technology improvements in the last three academic years: UST continuously upgrades its classroom technology to provide capabilities for computer processing, network access, teleconferencing, and audio-visual, image and document projection. In addition, the OCB has expanded online services in order to better meet student needs, opened a marketing research behavior lab in support of marketing courses and research projects, and launched an iPad pilot project in 2010 for several MBA cohorts.
- Amount spent: $150,000.00
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B-SCHOOL ALUMNI
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- Living MBA alumni: 14,182
- Active MBA alumni clubs: 1
- Countries in which MBA clubs exist: 1
- Living MBA alumni who gave in past year: 11 %
- Mean gift from MBA alumni: $266.00
- 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: $80,363,298.00
- 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.stthomas.edu/alumni
- Does the B-School have an alumni networking Web site? Yes
- Business school alumni networking site: http://www.stthomas.edu/business/alumni
- Does the B-SCHOOL offer career services for alumni? Yes
- Do current MBA students have access to an alumni database? Yes
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CAREER SERVICES
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- Graduates seeking full-time professional MBA employment: 94 %
- Graduates not seeking employment: 5 %
- Graduates for whom you have no information regarding employment: 1 %
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Annual job-searching trips that the school coordinates or participates in:
- Destination: National Black MBA Association Conference
- Month: September
- Amount Paid By School: Partial
- Destination: National Society of Hispanic MBAs Conference
- Month: October
- Amount Paid By School: Partial
- Destination: National Association of Women MBAs Conference
- Month: October
- Amount Paid By School: Partial
- Destination: Net Impact Conference
- Month: November
- Amount Paid By School: Partial
- Destination: Multicultural Forum on Workplace Diversity
- Month: March
- Amount Paid By School: Full
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Primary source of job offer:
- School-facilitated activities: 59 %
- Graduate-facilitated activities: 41 %
- No information provided by graduate: 0 %
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Job Offers for 2011 graduates
- Received first job offer by graduation: 48 %
- Received first job offer in three months following graduation: 30 %
- Did not report having received a job offer: 22 %
- Accepted first job offer by graduation: 46 %
- Accepted first job offer in three months following graduation: 30 %
- Did not report having accepted a job offer: 24 %
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Top recruiting organizations most recent academic year:
- Ecolab 3
- SUPERVALU 3
- The Nielsen Company 2
- Imation 2
- Dell / Compellent 2
- RSM McGladrey 2
- Allianz 2
- General Mills 1
- Cargill 1
- Target Corporation 1
- Boston Scientific 1
- Deloitte 1
- Piper Jaffray 1
- Frito - Lay 1
- Cummins 1
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- Job-accepting graduates who received a signing bonus: 13 %
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Base salary, signing bonuses and other compensation for most recent employed graduates:
- Mean base salary: $60,215.00
- Median base salary: $56,500.00
- Mean signing bonus: $3,450.00
- Median signing bonus: $3,000.00
- Mean other guaranteed compensation: $8,630.00
- Median other guaranteed compensation: $5,630.00
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Graduating students who accepted jobs in the following functional areas:
- Consulting: 0 %
- Finance/Accounting: 30 %
- General Management: 7 %
- Human Resources: 0 %
- Marketing/Sales: 45 %
- Management Information Systems: 0 %
- Operations/Logistics: 18 %
- Other: 0 %
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Graduating students who accepted jobs in the following industries:
- Government: 0 %
- Consulting: 0 %
- Consumer Products: 27 %
- Financial Services: 16 %
- Manufacturing: 5 %
- Media/Entertainment: 5 %
- Non-Profit: 7 %
- Petroleum/Energy: 0 %
- Pharmaceutical/Biotechnology/Health Care: 20 %
- Real Estate: 0 %
- Technology: 16 %
- Other: 5 %
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Graduates who accepted full-time jobs in the following regions:
- Africa: 2 %
- Asia: 2 %
- Europe: 0 %
- North America: 96 %
- Oceania: 0 %
- Latin America and the Caribbean: 0 %
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Within the U.S., graduates who accepted full-time jobs in the following regions:
- Northeast: 0 %
- Mid-Atlantic: 0 %
- South: 0 %
- Southwest: 0 %
- Midwest: 100 %
- West: 0 %
- Possessions and territories: 0 %
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Top recruiting organizations for internships, most recent academic year:
- UnitedHealth Group / Optum Health 5
- Recon Robotics 4
- UST Family Business Center 3
- Best Buy 2
- Express Scripts 2
- 3M 1
- Cargill 1
- Thomson Reuters 1
- Piper Jaffray 1
- Cummins 1
- St. Jude Medical 1
- Federal Reserve Bank 1
- Delta 1
- Data Card 1
- Toro 1
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- Internships awarded that are paid: 95 %
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Weekly internship compensation:
- Mean: $823.00
- Median: $800.00
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- Average internship length in weeks: 16
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