PROGRAM BASICS

• • Martha & Spencer Love School of Business
  • Elon MBA
  • 2750 Campus Box
  • NC
  • Elon, 27244, North Carolina
  • United States
  • Program Web site: http://www.elon.edu/e-web/academics/business/mba/
  • E-mail: elonmba@elon.edu
• • Percentage of part-time students who graduate within six years of entering program: 96 %
  • Average months to complete program: 27
  • Maximum months permitted to complete program: 72
  • Does the school have a separate full-time MBA program? No

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

  • Resident: $8,364.00
  • Non-Resident: $8,364.00

• Tuition per credit:

  • Resident $697.00
  • Non-resident $697.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 135
  • Part-Time MBA: 135
• • Undergraduate business school enrollment: 1,218

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 100
  • Applications accepted, most recent entering class: 77 %
  • Admitted students enrolled: 74 %
  • Applicant interviews are: By invitation only

ENTRY REQUIREMENTS

• • Rolling admissions? Yes
  • GMAT required? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (applicant pool)

  • 25th Percentile 500
  • 50th Percentile (median) 540
  • 10th Percentile 480
  • 75th Percentile 620
  • 90th Percentile 660
  • Average GMAT Score 566

• GMAT score distribution (incoming class)

  • 50th Percentile (median) 540
  • 75th Percentile 630
  • 25th Percentile 500
  • Average GMAT Score 568
  • 10th Percentile 483
  • 90th Percentile 657
• • 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: 550

• Relative Importance of Application Elements:

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

CLASS PROFILE

• • Female students: 33 %
  • International students: 9 %

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

  • African American: 6 %
  • Asian American: 4 %
  • Hispanic or Latino American: 4 %
  • Multiethnic/Multiracial: 2 %
  • Native American: 0 %
  • White (Non-Hispanic): 84 %

• Postgraduate work experience (months):

  • Mean: 113
  • Median: 73
  • From: 25
  • To: 203
  • One year or less: 2 %

• Base salary of entering part-time MBA students:

  • Mean: $65,028.00
  • Median: $55,000.00

• Middle 80% range:

  • From: $35,000.00
  • To: $85,000.00

• Entering students work in the following functional areas:

  • Consulting: 13 %
  • Finance/Accounting: 10 %
  • General Management: 30 %
  • Marketing/Sales: 20 %
  • Management Information Systems: 10 %
  • Operations/Production: 10 %
  • Other: 7 %

• Entering students work in the following industries:

  • Consumer Products: 17 %
  • Financial Services: 13 %
  • Government: 3 %
  • Manufacturing: 14 %
  • Media/Entertainment: 7 %
  • Non-Profit: 10 %
  • Pharmaceutical/Biotechnology/Health Care: 13 %
  • Technology: 13 %
  • Other: 10 %

• Organizations that send the most participants to the part-time MBA program:

  • Duke University 11
  • UNC Health Care 7
  • Volvo 6
  • RF Micro Devices 6
  • BB & T 6
• • Mean age, newest entering class: 31
  • Median age, newest entering clas: 28

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Central financial aid office at the university
  • Students receiving some form of financial aid in 2011-12: 40 %

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

  • Institutional Scholarships: 2 %
  • Loans (private and government): 80 %
• • Mean financial aid package: $6,419.00
  • Median financial aid package: $6,081.00
  • On what basis are scholarships awarded? A combination of need and merit
  • 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? Yes
  • Maximum guaranteed loan: $20,500.00
  • Mean outstanding debt at graduation: $9,400.00

FACULTY

• • Faculty employed by the B-school: 60

• Full-time faculty:

  • Tenured: 30
  • Non-Tenured: 20

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 10

• Women on Faculty:

  • Tenured: 8
  • Non-Tenured: 12

• Minority Faculty:

  • Tenured: 6
  • Non-Tenured: 5

• International Faculty:

  • Tenured: 2
  • Non-Tenured: 4

• Faculty with PhDs:

  • Tenured: 30
  • Non-Tenured: 22
• • Faculty on company boards: 30

STUDENT LIFE

• • Do part-time MBA students have their own area/center on campus? Yes
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 20 %
  • Experiential Learning: 25 %
  • Lectures: 20 %
  • Simulations: 15 %
  • Team Projects: 15 %
  • Other: 5 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 18
  • Teachers in the part-time program: 20
  • Tenured teachers in the part-time program: 15
  • Faculty with at least five years of full-time corporate experience 85 %
  • Average core class size: 21
  • Average elective class size: 13
  • Electives available: 8

• Recently added electives:

  • Team Optimization
  • Training and Development
  • Human Capital Management
• • Last curriculum revision: 2006

• Concentrations and specializations offered to part-time MBAs:

  • • General Management
    • Human Resource Management
    • Marketing
    • Other
    • Entrepreneurship
    • Leadership
    • Operations Management

• Additional concentrations offered:

  • Analytics
• • Does the B-school offer an accelerated part-time MBA program? Yes

• Leading areas of study:

  • • International Business
    • Leadership
    • Strategy
    • General Management
    • Human Resource Management
    • Marketing
    • Supply Chain Management
    • Operations Management
    • Organizational Behavior

• 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: 39

TECHNOLOGY

• • Technology improvements in the last three academic years: Computer and software replacements and upgrades occur each year. The most recent 3-year costs for basic improvements is 103,700
  • Amount spent: $103,700.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 783
  • Active MBA alumni clubs: 1
  • Countries in which MBA clubs exist: 1
  • Living MBA alumni who gave in past year: 13 %
  • Mean gift from MBA alumni: $340.00
  • Median gift from MBA alumni: $100.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • 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://e2.elon.edu
  • 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://www.elon.edu/e-web/academics/business/mba/
  • 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 students included in resume drops? Yes

• • -One of the hallmark experiences in the Elon MBA program is the classroom experience. We arrived as a cohort with individual goals and accomplished those as a community.
    
    -My Elon experience was significantly more than I expected. I told a colleague earlier today that my Elon experience did a lot of good for me and that I was sure it would be good for her as well.
    
    -I think a greater variety of courses would be very beneficial so that people can truly pursue their specific interests.
    
    -Elon offers an exceptional MBA program at an affordable cost. I feel this may be the best MBA value in North Carolina.
    
    -My career and my life have been changed by Elon's MBA program. Not only has this program given me access to more job opportunities, but I have already experienced a promotion and raise in pay due to having my MBA. While I understand that the degree could have been had any many institutions, I really feel like the Student-Alumni Association at Elon provided the difference that made me choose that school. They gave the student the "glue" that bound us together and to the program. Not often do you see student groups so active in a part-time program, nor with such support from the program's administration.
    
    -I'd be glad to share any further thoughts on this subject, as I am passionate about my experience at Elon.
    
    -The Elon experience is a good one. I found a supportive, friendly environment both in terms of professors and fellow students. It was challenging, but manageable.
    
    -Overall, this is a wonderfully versatile program that offers a lot to the students and alumni. It is flawlessly managed. The administrator(s) really go above and beyond to make the experience manageable for working adults.
    
    -Elon has the unique combination of a rigorous academic program with team-oriented results. In today's global environment it is not enough to just know the information but learning how to put the best talent together to achieve mutual goals.
    
    -I definitely enjoyed my experience at Elon, but if I had to do it all over again I may choose a school with a specialty in marketing (my target career choice).
    
    -Elon is a great school, full of committed professionals and faculty that are there to support the academic environment. This is the type of institution that many larger school wish they could replicate, because it is student-centric without feeling like a number.