PROGRAM BASICS

• • College of Business
  • Professional MBA
  • 2301 S. Third St.
  • KY
  • Louisville, 40292, Kentucky
  • United States
  • Program Web site: http://business.louisville.edu/mba
  • E-mail: mba@louisville.edu
• • Percentage of part-time students who graduate within six years of entering program: 90 %
  • Average months to complete program: 20
  • Maximum months permitted to complete program: 20
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? Yes

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

  • Resident: $15,500.00
  • Non-Resident: $15,500.00

• Tuition per credit:

  • Resident $738.00
  • Non-resident $738.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 272
  • Full-Time MBA: 64
  • Part-Time MBA: 168
  • Executive MBA: 0
  • PhD Program: 13
• • Undergraduate business school enrollment: 1,646
  • Graduate degree programs: Master of Accounting

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 158
  • Applications accepted, most recent entering class: 61 %
  • Admitted students enrolled: 82 %
  • Applicants wait-listed during the last admissions cycle: 0
  • Applicant interviews are: Required

ENTRY REQUIREMENTS

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

• GMAT score distribution (applicant pool)

  • 75th Percentile 580
  • 50th Percentile (median) 510
  • 25th Percentile 470
  • 90th Percentile 650
  • 10th Percentile 380
  • Average GMAT Score 517

• GMAT score distribution (incoming class)

  • 25th Percentile 530
  • 75th Percentile 600
  • 50th Percentile (median) 550
  • 10th Percentile 510
  • Average GMAT Score 571
  • 90th Percentile 660
• • 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?

  • • TOEFL Internet Based Test

• Relative Importance of Application Elements:

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

CLASS PROFILE

• • Female students: 28 %
  • International students: 6 %

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

  • African American: 4 %
  • Asian American: 5 %
  • Hispanic or Latino American: 1 %
  • Multiethnic/Multiracial: 4 %
  • Native American: 1 %
  • White (Non-Hispanic): 78 %
  • Chose not to report: 3 %
  • Other: 4 %

• Postgraduate work experience (months):

  • Mean: 96
  • Median: 72
  • From: 24
  • To: 228
  • One year or less: 12 %

• Base salary of entering part-time MBA students:

  • Mean: $59,315.00
  • Median: $54,000.00

• Middle 80% range:

  • From: $22,790.00
  • To: $97,500.00

• Entering students work in the following functional areas:

  • Consulting: 4 %
  • Finance/Accounting: 13 %
  • General Management: 11 %
  • Human Resources: 4 %
  • Marketing/Sales: 12 %
  • Management Information Systems: 0 %
  • Operations/Production: 21 %
  • Other: 35 %

• Entering students work in the following industries:

  • Consulting: 2 %
  • Consumer Products: 14 %
  • Financial Services: 17 %
  • Government: 6 %
  • Manufacturing: 6 %
  • Media/Entertainment: 6 %
  • Non-Profit: 1 %
  • Petroleum/Energy: 0 %
  • Pharmaceutical/Biotechnology/Health Care: 4 %
  • Real Estate: 1 %
  • Technology: 1 %
  • Other: 42 %

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

  • University of Louisville 32
  • Humana 31
  • General Electric 16
  • U.S. Army 9
  • UPS 8
• • Mean age, newest entering class: 30
  • Median age, newest entering clas: 27

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: 54 %

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

  • Institutional Scholarships: 15 %
  • Assistantships: 7 %
  • Loans (private and government): 44 %
• • Mean financial aid package: $18,964.00
  • Median financial aid package: $20,500.00
  • On what basis are scholarships awarded? A combination of need and merit
  • Full-tuition scholarships awarded, 2011-12: 10
  • How does an applicant apply for scholarship consideration? Unique scholarship application
  • Does school offer a guaranteed loan to all part-time MBAs? No
  • Mean outstanding debt at graduation: $39,110.00

FACULTY

• • Faculty employed by the B-school: 119

• Full-time faculty:

  • Tenured: 59
  • Non-Tenured: 45

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 15

• Women on Faculty:

  • Tenured: 8
  • Non-Tenured: 14

• Minority Faculty:

  • Tenured: 15
  • Non-Tenured: 5

• International Faculty:

  • Tenured: 4
  • Non-Tenured: 5

• Faculty with PhDs:

  • Tenured: 57
  • Non-Tenured: 23
• • Faculty on company boards: 11

STUDENT LIFE

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

  • • Other
    • VC/ Private Equity

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

  • • Black MBA Association
    • Other
• • 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: 30 %
  • Distance Learning: 5 %
  • Experiential Learning: 10 %
  • Lectures: 25 %
  • Simulations: 5 %
  • Team Projects: 25 %
  • Other: 0 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 21
  • Teachers in the part-time program: 28
  • Tenured teachers in the part-time program: 19
  • Faculty also teaching in full-time program: 100 %
  • Faculty with at least five years of full-time corporate experience 85 %
  • Average core class size: 26
  • Average elective class size: 15
  • Electives available: 16

• Recently added electives:

  • Family Business Management
  • Supply Chain Management
  • Management of Social Media
• • Last curriculum revision: 2010
  • Recent curriculum changes: The core courses in the first half of the Professional MBA program were re-sequenced to provide enhanced pedagogical flow. Additionally, significant on-line components were added to both the statistics and accounting core curriculum to enhance student preparation for the core courses in these areas. Beginning in Fall 2011, the program was condensed to 20 months from 24 months and class time was increased from 3.0 to 3.5 hours per meeting to enable the shorter time to degree completion.

• Concentrations and specializations offered to part-time MBAs:

  • • Other
    • Entrepreneurship

• Additional concentrations offered:

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

• Leading areas of study:

  • • Entrepreneurship
    • Finance
    • Supply Chain Management
    • Health Care Administration
    • Consulting

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other: Describe in next screen
    • Students must complete a company-specific project and present results to relevant parties
• • Other graduation requirements: International learning experience, including an on-site international trip.
• • Credits required to graduate: 45

TECHNOLOGY

• • Technology improvements in the last three academic years: New computers have been provided in student labs, including both Windows and Mac platforms. We also have a lab featuring a Bloomberg Terminal. In 2010, Jefferson Audio Visual Systems (JAVS) partnered with the College. In our JAVS-equipped conference room, student sales teams simulate quarterly sales calls for fictional companies. We have five dedicated JAVS Sales Labs for use in our student sales program as well as other academic programs. We have also expanded our IT staff.
  • Amount spent: $1,182,924.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 4,752
  • Active MBA alumni clubs: 1
  • Countries in which MBA clubs exist: 1
  • Living MBA alumni who gave in past year: 5 %
  • Mean gift from MBA alumni: $107.00
  • 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 $46,783,810.00
  • 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://louisville.edu/cardcircle
  • 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://louisville.edu/cardcircle
  • 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

• • -The faculty was a solid blend of life-long academics and industry professionals, which really aided in a rich experience. I came into the program with several years of business experience but have came away surprised on the amount of knowledge that I have gained throughout the program.
    
    -The program served its purpose as far as broadening my base of education and increasing my fluency in various business and strategic topics. I did not, however, always feel pushed by the curriculum of the program, and some of the rules and regulations of the college were more bureaucratic than necessary, making the overall experience less enjoyable.
    
    -The program provided with significant hands-on and theoretical learning to implement in my career. I began using the knowledge gained through the program almost immediately and have become a more effective contributor and leader within my own company.
    
    -More case studies should be used as course curriculum.
    
    -Great, especially my classmates. I liked the cohort format and all of the exposure to business plans and business plan competitions.
    
    -They need to accept higher caliber students. MBA shouldn't be a catchall degree for people who can't get a job after undergraduate graduation.
    
    -UofL provided a wonderful hands-on experience with knowledgeable professors. They connected us with important community leaders, as well as other well-known individuals in the business community.
    
    -Have more classes that work on soft skills like speaking and negotiation rather than technical knowledge courses.
    
    -My salary nearly doubled as a result of the experience of the program. Everyone in my cohort advanced almost immediately as a result of the program. One group won nearly $1 million in business plan competitions and was featured in Fortune magazine among other national news sources. The group is currently pursuing their dream of creating a high-potential business from the ground up.
    
    -I wish it had been a more elite program. Some of the people that were accepted into the program had very poor writing skills and work ethic. Being in group projects with these individuals was more than frustrating for those people in the class who were sharp and eager to learn.
    
    -Great way to improve on foundational business skills first encountered at the undergraduate level. Helps to integrate work experience at a deeper level and helped to propel me to the next level in my career.
    
    -The program can be more flexible. We were told that it was flexible but then they would dock your grade if you had to miss class for any reason.
    
    -I had an incredible experience and acquired skills that I use in my work everyday. My program opened doors and helped me make connections I couldn't have imagined at this point in my career. I would have no reservations in recommending the program.
    
    -More modern day concepts need to be incorporated into fundamental classes, such as strategic management and marketing. Overall, the program does a great job at teaching fundamentals, but the material needs to be more tailored to accommodate the rapidly changing business environment.