PROGRAM BASICS

• • Boston University School of Management
  • Professional Evening MBA
  • 595 Commonwealth Avenue
  • Boston, 02215, Massachusetts
  • United States
  • Program Web site: http://management.bu.edu/gpo/parttime/mba/index.html
  • E-mail: mba@bu.edu
• • Percentage of part-time students who graduate within six years of entering program: 90 %
  • Average months to complete program: 40
  • Maximum months permitted to complete program: 72
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? No

• Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

  • Resident: $15,462.00
  • Non-Resident: $15,462.00

• Tuition per credit:

  • Resident $1,276.00
  • Non-resident $1,276.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB), Other

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,217
  • Full-Time MBA: 311
  • Part-Time MBA: 693
  • Executive MBA: 34
  • PhD Program: 35
• • Undergraduate business school enrollment: 2,033
  • Graduate degree programs: Other
  • Other graduate degree programs: Master of Science in Investment Management, Master of Science in Mathematical Finance

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 323
  • Applications accepted, most recent entering class: 78 %
  • Applicant interviews are: By invitation only

ENTRY REQUIREMENTS

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

• GMAT score distribution (incoming class)

  • 25th Percentile 560
  • 50th Percentile (median) 600
  • 75th Percentile 670
  • 10th Percentile 520
  • Average GMAT Score 615
  • 90th Percentile 700
• • Is proficiency in English required? 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: 600

• Relative Importance of Application Elements:

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

CLASS PROFILE

• • Female students: 34 %
  • International students: 15 %

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

  • African American: 1 %
  • Asian American: 10 %
  • Hispanic or Latino American: 3 %
  • Multiethnic/Multiracial: 0 %
  • Native American: 0 %
  • White (Non-Hispanic): 78 %
  • Chose not to report: 8 %
  • Other: 0 %

• Postgraduate work experience (months):

  • Mean: 70
  • Median: 61
  • From: 28
  • To: 122
• • Mean age, newest entering class: 28
  • Median age, newest entering clas: 26

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Students receiving some form of financial aid in 2011-12: 41 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Institutional Scholarships: 0 %
  • Assistantships: 0 %
  • Loans (private and government): 100 %
• • Mean financial aid package: $19,239.00
  • Median financial aid package: $20,500.00
  • On what basis are scholarships awarded? Financial need
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarships
  • Does school offer a guaranteed loan to all part-time MBAs? No
  • Mean outstanding debt at graduation: $73,000.00

FACULTY

• • Faculty employed by the B-school: 213

• Full-time faculty:

  • Tenured: 60
  • Non-Tenured: 70

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 83

• Women on Faculty:

  • Tenured: 13
  • Non-Tenured: 45

• International Faculty:

  • Tenured: 23
  • Non-Tenured: 21

• Faculty with PhDs:

  • Tenured: 60
  • Non-Tenured: 59

STUDENT LIFE

• Active MBA specialization clubs open to part-time students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Finance
    • Marketing
    • Nonprofit
    • Other
    • Consulting
    • Information Technology

• Active MBA networking clubs open to part-time students:

  • • International Club
    • Black MBA Association
    • Hispanic Student Organization
    • Volunteer
    • Women in MBA
    • Other
    • Gay/Lesbian/Bisexual
    • Partners/Family
• • Do part-time MBA students have their own area/center on campus? No
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 50 %
  • Distance Learning: 0 %
  • Experiential Learning: 5 %
  • Lectures: 30 %
  • Simulations: 5 %
  • Team Projects: 10 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 12
  • Teachers in the part-time program: 108
  • Tenured teachers in the part-time program: 38
  • Average core class size: 38
  • Average elective class size: 31
  • Electives available: 75

• Recently added electives:

  • Risk Management
  • Idea Lab
  • Improving Business Decisions
  • Strategies for Environmental Sustainability
  • Design and Innovation Strategy
• • Last curriculum revision: 2005

• Concentrations and specializations offered to part-time MBAs:

  • • Finance
    • General Management
    • Marketing
    • Other
    • Entrepreneurship
    • Operations Management
    • Strategy
    • International Business

• Additional concentrations offered:

  • Health Sector Management
  • Public & Nonprofit Management
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Finance
    • Marketing
    • Health Care Administration
    • Technology
    • Public Administration

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
• • Credits required to graduate: 64

TECHNOLOGY

• • Technology improvements in the last three academic years: During the past 3 academic years focus has been on new tools such as mobile applications, iPads and virtual meeting spaces; upgrading classrooms; expanding open source products for lecture delivery and intranets; enhancing lecture capture and participant systems; offering new interactive case delivery tools, financial modeling, research and analysis products; integrating digital signage, branding and communication vehicles; green computing and awareness; and peer-to-peer networking software.
  • Amount spent: $6,107,510.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 16,281
  • Active MBA alumni clubs: 15
  • Countries in which MBA clubs exist: 29
  • Living MBA alumni who gave in past year: 8 %
  • Mean gift from MBA alumni: $4,491.00
  • Median gift from MBA alumni: $100.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? Yes
  • 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.bu.edu/alumni/connected/
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://management.bu.edu/alu/link.html
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • At any time
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -My experience at Boston University was extremely positive all around. I was able to use my network of peers almost instantly in order to transition out of a less than ideal job situation into a much more fulfilling one. The diversity of the program exposed me to how "business" concepts are applied in fields other than my own (finance). Anyone looking to broaden their knowledge base or make a career transition would greatly benefit from this program.
    
    -I'd like to see a wider variety of courses offered. Registration is based on seniority/how much of the program was completed. It was often difficult to get into popular courses
    
    -I think the Instructors are chosen very carefully at BU. Each instructor I had almost a couple of decade of experience in the subject they came to teach. Students esp. field changers used to ask a wide spectrum of questions. The faculty answered these and portrayed a colorful picture of the subject. They also led the class discussion very well and probed students to help them come up with their best.
    
    -There should be a greater selection of classes in the summer. I'd assume all programs have this issue in the summer, but summer is key for Part-timers.
    
    -Overall, I thoroughly enjoyed my experience in the BU MBA program. The program had almost everything I could have expected and I feel that my experience in the program was directly attributable to my attainment of a new job and associated salary increase. The professors were very flexible and did a great job tying course concepts back to our careers and current events, while the student population really helped to enhance the experience. The program could benefit from a larger pool of elective options going forward, just to provide students with additional options in their desired concentration.
    
    - I would like more opportunities catered to the part timers – I sometimes felt left out of certain opportunities because of time constraints with work.
    
    -The professors in the marketing concentration are exceptional; a mix of full time, renowned professors and some part-time faculty. Even the adjuncts were great with lots of practical knowledge. Some of the general requirements professors were a little dry.
    
    -They need to provide better career services. They told me that since part-time students were funded by their companies, it was unethical to help us get new jobs.
    
    -Boston University part time program is the best part time program in the Boston area. The problem is there is no top tier part time program in the Boston area. BU has the capability to build that top tier program, but they need to realize that opportunity exists and capitalize on it before other schools in the area do.
    
    -Better forecast for courses going to be offered during the course of the Part-Time. The course schedule for the next semester is not posted till a few months before the start of the semester and it was very hard to do any long term planning to chart out the courses that need to be taken.
    
    -Honestly, it was more challenging than I thought it was going to be. However, I gained so much from the program in terms of leadership, strategic thinking, networking, and organizational behavior. I also believe that this degree will surely payoff later in my career.
    
    -BU has a series of courses where you spend two weeks abroad. This is wonderful, because part-time students can take advantage of it. I took two vacation weeks from work and went to Brazil for a course on sustainability.