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

The Lake Forest Graduate School of Management

  • PROGRAM BASICS

      • Percentage of part-time students who graduate within six years of entering program: 73 %
      • Average months to complete program: 48
      • Maximum months permitted to complete program: 72
      • Does the school have a separate full-time MBA program? No

    • Tuition per credit:

      • 0 (option: 1) $733.00
      • Graduate business school is accredited by: Other

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Part-Time MBA: 710
      • Undergraduate business school enrollment: 0

  • ENTRY REQUIREMENTS

      • Rolling admissions? Yes
      • GMAT required? No
      • If not, how are applicants' quantitative abilities checked? A second level interview with Admissions may be completed in lieu of the GMAT test score.
      • Is proficiency in English required? Yes

    • Which English language proficiency tests are accepted?

        • Other

    • Other additional English language proficiency tests accepted

      • English proficiency is evaluated through an Admissions interview and personal written statement.

    • Relative Importance of Application Elements:

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

  • CLASS PROFILE

      • Female students: 41 %

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

      • African American: 4 %
      • Asian American: 10 %
      • Hispanic or Latino American: 1 %
      • Multiethnic/Multiracial: 2 %
      • Native American: 1 %
      • White (Non-Hispanic): 33 %
      • Chose not to report: 48 %
      • Other: 1 %

    • Entering students work in the following functional areas:

      • Finance/Accounting: 9 %
      • General Management: 13 %
      • Human Resources: 6 %
      • Marketing/Sales: 25 %
      • Management Information Systems: 15 %
      • Operations/Production: 8 %
      • Other: 24 %

    • Entering students work in the following industries:

      • Consulting: 10 %
      • Consumer Products: 11 %
      • Financial Services: 19 %
      • Government: 3 %
      • Manufacturing: 10 %
      • Non-Profit: 3 %
      • Pharmaceutical/Biotechnology/Health Care: 29 %
      • Technology: 12 %
      • Other: 2 %
      • Mean age, newest entering class: 38
      • Median age, newest entering clas: 37

  • 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: 38 %

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

      • Institutional Scholarships: 71 %
      • Loans (private and government): 99 %
      • On what basis are scholarships awarded? A combination of need and merit
      • Full-tuition scholarships awarded, 2011-12: 27
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Does school offer a guaranteed loan to all part-time MBAs? No

  • FACULTY

      • Faculty employed by the B-school: 135

    • Adjunct/Visiting Faculty:

      • Non-Tenured: 135

    • Women on Faculty:

      • Non-Tenured: 36

    • Minority Faculty:

      • Non-Tenured: 9

    • Faculty with PhDs:

      • Non-Tenured: 10

  • 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: 15 %
      • Distance Learning: 5 %
      • Experiential Learning: 40 %
      • Lectures: 20 %
      • Simulations: 10 %
      • Team Projects: 10 %
      • Faculty with at least five years of full-time corporate experience 100 %
      • Average core class size: 22
      • Average elective class size: 715
      • Electives available: 23
      • Last curriculum revision: 2007
      • Recent curriculum changes: 2011-2012: Currently LFGSM is developing MBA courses in a blended and/or online format.

    • Concentrations and specializations offered to part-time MBAs:

        • Finance
        • General Management
        • Marketing
        • Other
        • Organizational Behavior
        • International Business

    • Additional concentrations offered:

      • Healthcare Management
      • Does the B-school offer an accelerated part-time MBA program? No

    • Leading areas of study:

        • International Business
        • General Management
        • Health Care Administration
        • Organizational Behavior

    • Graduation requirements:

        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
      • Other graduation requirements: A GPA of two point seven zero or higher and completion of sixteen graduate unit credits.
      • Credits required to graduate: 16

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Improved external network bandwidth by 32 times. All inter-campus connections moved to VPN. Replaced all desktops/laptops. Upgraded to Windows 2008, Windows 7 and SQL Server 2008 R2. Upgraded to Microsoft Office 2007. Implemented cloud-based services for Microsoft SharePoint and faculty e-mail. Moved 50% of all courses to an online format for blended or online learning. Implemented YouTube University site. Began redesign of entire web site.
      • Amount spent: $267,957.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 8,000
      • Active MBA alumni clubs: 6
      • Countries in which MBA clubs exist: 1
      • Living MBA alumni who gave in past year: 2 %
      • Mean gift from MBA alumni: $220.00
      • 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 B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.LFGSM.edu/Alumni
      • 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? No

Getting In

B-School Life

Finding a Job

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