PROGRAM BASICS

• • Pamplin College of Business - Graduate Program
  • Pamplin MBA Program, National Capital Region
  • 7054 Haycock Rd
  • Suite 341
  • Falls Church, 22043, Virginia
  • United States
  • Program Web site: http://www.mbancr.pamplin.vt.edu
  • E-mail: mbancr@vt.edu
• • Percentage of part-time students who graduate within six years of entering program: 100 %
  • Average months to complete program: 42
  • Maximum months permitted to complete program: 60
  • 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: $9,413.00
  • Non-Resident: $16,501.00

• Tuition per credit:

  • Resident $618.00
  • Non-resident $1,161.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 521
  • Full-Time MBA: 94
  • Part-Time MBA: 126
  • Executive MBA: 59
  • PhD Program: 63
• • Undergraduate business school enrollment: 3,690
  • Graduate degree programs: Master of Accounting, Other, Master of Technology, Master of Marketing
  • Other graduate degree programs: Masters Hospitality and Tourism Management

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 77
  • Applications accepted, most recent entering class: 90 %
  • Admitted students enrolled: 80 %
  • Applicant interviews are: Not required

ENTRY REQUIREMENTS

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

• GMAT score distribution (applicant pool)

  • 75th Percentile 640
  • 10th Percentile 510
  • 50th Percentile (median) 590
  • 25th Percentile 550
  • 90th Percentile 670
  • Average GMAT Score 596

• GMAT score distribution (incoming class)

  • Average GMAT Score 600
  • 50th Percentile (median) 600
  • 75th Percentile 640
  • 25th Percentile 550
  • 10th Percentile 520
  • 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?

  • • 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: Important
  • Application Essays: Very Important
  • Interviews Not Considered
  • Recommendations: Considered
  • Undergraduate Transcripts: Very Important

CLASS PROFILE

• • Female students: 38 %
  • International students: 16 %

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

  • Asian American: 18 %
  • Hispanic or Latino American: 4 %
  • White (Non-Hispanic): 76 %
  • Chose not to report: 2 %

• Postgraduate work experience (months):

  • Mean: 77
  • Median: 66
  • From: 24
  • To: 156
  • One year or less: 2 %

• Base salary of entering part-time MBA students:

  • Mean: $78,746.00
  • Median: $70,000.00

• Middle 80% range:

  • From: $45,000.00
  • To: $125,000.00

• Entering students work in the following functional areas:

  • Consulting: 26 %
  • Finance/Accounting: 19 %
  • General Management: 22 %
  • Human Resources: 4 %
  • Marketing/Sales: 7 %
  • Management Information Systems: 22 %

• Entering students work in the following industries:

  • Consulting: 20 %
  • Consumer Products: 10 %
  • Financial Services: 20 %
  • Government: 20 %
  • Technology: 20 %
  • Other: 10 %
• • Mean age, newest entering class: 30
  • Median age, newest entering clas: 29

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: 22 %

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

  • Institutional Scholarships: 4 %
  • Assistantships: 2 %
  • Loans (private and government): 12 %
• • Mean financial aid package: $10,139.00
  • Median financial aid package: $8,372.00
  • 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? No
  • Mean outstanding debt at graduation: $48,456.00

FACULTY

• • Faculty employed by the B-school: 131

• Full-time faculty:

  • Tenured: 73
  • Non-Tenured: 45

• Adjunct/Visiting Faculty:

  • Non-Tenured: 13

• Women on Faculty:

  • Tenured: 17
  • Non-Tenured: 22

• Minority Faculty:

  • Tenured: 13
  • Non-Tenured: 9

• International Faculty:

  • Tenured: 5
  • Non-Tenured: 15

• Faculty with PhDs:

  • Tenured: 73
  • Non-Tenured: 33
• • Faculty on company boards: 12

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 %
  • Lectures: 60 %
  • Team Projects: 20 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 12
  • Teachers in the part-time program: 13
  • Tenured teachers in the part-time program: 10
  • Faculty also teaching in full-time program: 0 %
  • Faculty with at least five years of full-time corporate experience 50 %
  • Average core class size: 23
  • Average elective class size: 13
  • Electives available: 27

• Recently added electives:

  • Healthcare Data Management
  • Healthcare Information Technology
  • Essentials of Management Technology
• • Last curriculum revision: 2003
  • Recent curriculum changes: Introduced Ethical Dimensions of Leadership. Converted an Accounting and Information Systems core class to an elective.

• Concentrations and specializations offered to part-time MBAs:

  • • Finance
    • General Management
    • Other
    • Leadership
    • International Business

• Additional concentrations offered:

  • Information Systems & Technology
  • Investment Management & Financial Services
  • Corporate Finance
  • Global Business
  • Hospitality & Tourism Management
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Finance
    • International Business
    • Leadership
    • General Management
    • Management Information Systems

• 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: 48

TECHNOLOGY

• • Technology improvements in the last three academic years: Upgraded physical networks to 100BaseT. Strong, reliable wireless network in 100% of Business academic buildings. Incoming students receive Windows 7/Office 2010 + all future updates as part of student fees. Upgraded public computer lab with new computers running Windows 7 64bit and maintain a classroom-style lab running Windows 7. Bloomberg terminals available for student use in the computer lab and student organization offices.
  • Amount spent: $500,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 4,601
  • Active MBA alumni clubs: 0
  • Countries in which MBA clubs exist: 0
  • Living MBA alumni who gave in past year: 11 %
  • Mean gift from MBA alumni: $542.00
  • Median gift from MBA alumni: $100.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business school endowment $65,219,713.00
  • 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: https://secure.hosting.vt.edu/alumni.vt.edu/HokieNation/auth/login.php
  • 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.pamplin.vt.edu/alumni/index.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

• • -The program exceeded my expectations. It enhanced my knowledge of business practices and provided me with several tools that I was able to apply at my current job helping me advance upward.
    
    -I felt that the course scheduling could have been better to allow for more students to earn a concentration in addition to their MBA. I can't say enough great things about the faculty. They are all well respected in their fields, and I enjoyed really learning from them. VT is one of the few programs that offers courses in up-and-coming areas like project management, database management, and e-commerce. Those courses and experiences were most applicable for me in finding work after graduation.
    
    -The program was excellent in terms of preparing you for new roles/challenges and providing a foundation in the various areas of business. The school did struggle to offer as many electives as I would have liked, although the courses they offered were good and the faculty genuinely made an effort to go the "extra mile" whenever you need help/guidance.
    
    -The majority of classes taken were educational and relevant to my career and career aspirations. However, the administration and the availability of classes was not student friendly. They did not offer many summer classes unless you studied abroad. Rules were implemented that made it very difficult to graduate with any concentration or in a timely manner. Classes were cancelled last minute and even an entire concentration was cancelled without any offered help or suggestions from advisors.
    
    -My concentration was Finance. My time to complete this program would have been reduced considerably if Finance offerings were available during the summer sessions.
    
    -For me, it was a good experience. I learned a lot from the program but it is one of those things in life where you get out of it what you put into it. I also was put into an excellent team and we challenged each other on every deliverable which made for some great learning experiences.
    
    -The use of virtual classrooms would help accommodate more active lifestyles.
    
    -This is a great program with world-class instructors. I will recommend this program to all those who are interested. In fact about 5-6 people have enrolled upon my recommendation.