Program Basics

• • School of Management
  • 203 Alfiero CEnter
  • NY
  • Buffalo, 14260, New York
  • United States
  • Program Web site: http://mgt.buffalo.edu/programs/mba
  • Status: Public
  • Program e-mail address: som-mba@buffalo.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 794
  • Full-Time MBA: 183
  • Part-Time MBA: 198
  • Executive MBA: 102
  • PhD Program: 67
• • Other graduate degree programs:
    • Master of Accounting
    • Master of Finance
    • Other
  • MS Supply Chains and Operations Management;MS Management Information Systems

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $25,997.00
  • Nonresident: $38,693.00
  • Recommended annual budget (Resident): $25,800.00
  • Recommended annual budget (Nonresident): $32,300.00

PROGRAM LENGTH

• • Full-time program (months): 21

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Feb 1, 2012
  • Semester: Fall 2012
  • Deadline: Mar 1, 2012
  • Semester: Fall 2012
  • Deadline: Apr 4, 2012
  • Semester: Fall 2012
  • Deadline: May 21, 2012
• • Does the program have rolling admissions? Yes
  • Is proficiency in English required for admission? 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

• Relative Importance of Application Elements:

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

APPLICANTS

• • Applications (admitted and denied) to the newest class: 352
  • Applicants who were accepted to the most recent class: 46 %
  • Admitted applicants who enrolled in the newest class: 50 %
  • Applicants who were re-applicants from prior years: 3 %
  • Percentage of this year's reapplicants accepted: 56 %
  • Applicants wait-listed during the last admissions cycle: 6
  • Wait-listed applicants admitted for the semester to which they applied: 3
  • Applicant interviews are: By invitation only
  • Applicants (admitted and denied) who were interviewed: 47 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 61 %
  • Applications from women received: 35 %

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 33 %
  • International: 27 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 25 %
  • Latin America and the Caribbean: 1 %

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

  • African American: 8 %
  • Asian American: 5 %
  • White (Non-Hispanic): 75 %
  • Chose not to report: 12 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 95 %
  • Mid-Atlantic: 3 %
  • Midwest: 2 %
• • Mean months of work experience of newest entering class: 16
  • Median months of work experience of newest entering class: 0

• Middle 80% range of work experience of newest entering class in months:

  • From: 0
  • To: 49
• • Median age of entering class: 23
  • Mean age of entering class: 24

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Central financial aid office at the university
  • On what basis are scholarships awarded?
    • academic merit
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $3,000.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

GMAT

• GMAT score distribution (applicant pool):

  • 10th Percentile 510
  • 50th Percentile (median) 610
  • 25th Percentile 560
  • 75th Percentile 650
  • 90th Percentile 690
  • Average GMAT Score 599

• GMAT score distribution (incoming class):

  • 25th Percentile 580
  • 50th Percentile (median) 620
  • Average GMAT Score 615
  • 10th Percentile 550
  • 75th Percentile 650
  • 90th Percentile 690

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 40
  • Average number of students in a full-time MBA elective class: 26
  • Elective courses available to full-time MBA students: 80

• Electives that have been added to the full-time program since June 30, 2010:

  • Corporate Social Resp. & Sustainability
  • IT Management
  • Leadership Development

• Concentrations and specializations offered to full-time MBA students:

  • • Consulting
    • Finance
    • Management Information Systems
    • Marketing
    • Supply Chain Management
    • Human Resource Management
    • Operations Management
    • International Business
  • Global Service & Supply Management

• Joint-degree programs offered to full-time MBAs:

  • • MBA/March (Architecture)
    • MBA/MHSA (Health Services Administration)
    • MBA/JD (Law)
    • MBA/MD (Medicine)
    • Other
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • Marketing
    • Consulting
    • Leadership
    • Human Resource Management

FACULTY

• • Faculty employed by the B-school: 119

• Full-time faculty:

  • Tenured: 32
  • Non-Tenured: 36

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 51

• Women on Faculty:

  • Tenured: 5
  • Non-Tenured: 29

• Minority Faculty:

  • Tenured: 8
  • Non-Tenured: 8

• International Faculty:

  • Tenured: 9
  • Non-Tenured: 14

• Faculty with PhDs:

  • Tenured: 32
  • Non-Tenured: 33

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Other
    • Finance
    • Marketing
    • Information Technology
    • Human Resources

• Networking clubs available to full-time MBA students:

  • • Women in MBA

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 25 %
  • Distance Learning: 0 %
  • Experiential Learning: 15 %
  • Lectures: 35 %
  • Simulations: 10 %
  • Team Projects: 15 %
  • Other: 0 %

• Requirements for graduation:

  • • Students must complete a company-specific project and present results to relevant parties
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other
  • Internship required if work experience is minimal

TECHNOLOGY

• • Technology improvements in the last three academic years: Computer lab upgraded with 20 new computers. New electronic messaging system installed, section of each screen displays MSNBC. Ceiling projectors in 4 classrooms, computers in 9 classroom podiums upgraded. New tech classroom equipped for full web conferencing to support the Global Services and Supply Management concentration, stations for 40 students. Desktop video conferencing promotes collaboration, remote teamwork. New computers installed in Accounting Resource Lab.
  • Amount spent: $280,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 8,532
  • Living MBA alumni who gave in past year: 8 %
  • Mean gift from MBA alumni: $500.00
  • Median gift from MBA alumni: $40.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $15,225,927.00
  • 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://www.ubconnect.org/olc/pub/BUF/homepage.cgi
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://mgt.buffalo.edu/alumni/opportunities
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 83 %
  • Graduates not seeking employment: 12 %
  • Graduates for whom you have no information regarding employment: 5 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: New York City Networking Event
  • Month: January
  • Amount Paid By School: Partial
  • Destination: New York City Employer Site Visits
  • Month: January
  • Amount Paid By School: None
  • Destination: Washington DC Networking Event & Site Visits
  • Month: September
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 65 %
  • Graduate-facilitated activities: 35 %
  • No information provided by graduate: 0 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 54 %
  • Received first job offer in three months following graduation: 19 %
  • Did not report having received a job offer: 27 %
  • Accepted first job offer by graduation: 53 %
  • Accepted first job offer in three months following graduation: 18 %
  • Did not report having accepted a job offer: 29 %

• Top recruiting organizations most recent academic year:

  • Deloitte 4
  • Cameron 3
  • Citi 3
  • Ernst & Young 2
  • HSBC Bank 2
  • North American Breweries 2
  • PricewaterhouseCoopers 2
  • Rich Products Corporation 2
  • BlueCross BlueShield 1
  • Cobham 1
  • IBM 1
  • Lockeed Martin 1
  • New Era Cap 1
  • Siemens AG 1
  • Xerox Corporation 1
• • Job-accepting graduates who received a signing bonus: 3 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $54,589.00
  • Median base salary: $55,000.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 8 %
  • Finance/Accounting: 20 %
  • General Management: 16 %
  • Human Resources: 7 %
  • Marketing/Sales: 25 %
  • Management Information Systems: 7 %
  • Operations/Logistics: 17 %
  • Other: 0 %

• Graduating students who accepted jobs in the following industries:

  • Government: 7 %
  • Consulting: 0 %
  • Consumer Products: 15 %
  • Financial Services: 26 %
  • Manufacturing: 16 %
  • Media/Entertainment: 5 %
  • Non-Profit: 2 %
  • Petroleum/Energy: 5 %
  • Pharmaceutical/Biotechnology/Health Care: 5 %
  • Real Estate: 2 %
  • Technology: 12 %
  • Other: 5 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 0 %
  • Asia: 7 %
  • Europe: 3 %
  • North America: 90 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 0 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 85 %
  • Mid-Atlantic: 5 %
  • South: 4 %
  • Southwest: 2 %
  • Midwest: 0 %
  • West: 4 %
  • Possessions and territories: 0 %

• Top recruiting organizations for internships, most recent academic year:

  • First Niagara Financial Group, Inc. 5
  • Rich Products Corporation 5
  • VWR Education 4
  • Citi 3
  • Fisher-Price 3
  • HSBC Bank 3
  • Life Technologies 3
  • National Fuel Gas 3
  • PriceWaterhouseCoopers 3
  • Ernst & Young 2
  • KPMG 2
  • Merrill Lynch 2
  • New Era Cap 2
  • Unifrax 2

• • -I would recommend this program based on the value of the education I earned compared to the cost. My program allowed me the opportunity to get a great internship and full-time position in brand management, which I would not have had the opportunity to get otherwise.
    
    -Didn't provide a lot of real world experience. Average age too young. UB should do away with the 3-2 program. Hardly ever talked about current events. Professors were, on the most part, bad. Never had guest speakers from big companies. UB MBA, I am finding out, doesn't mean much outside of Buffalo. Career Resource Center does a poor job in helping look for jobs during months leading up to graduation.
    
    -There is an extremely high return on investment if you are motivated to learn and develop yourself. The resources are there to be competitive with top tier programs, but the initiative must come from the individual more so than at other schools. As a result of that type of environment, I would say that the program is an absolute steal for people with initiative and drive, and a total waste for those that are content to float through.
    
    -My experiences with the MBA were excellent and the opportunities to expand your knowledge in business, management, and culture were plentiful. The program offered opportunities such as the Levin Institute for Finance majors in NYC, a trip to China for our international business class, and many more opportunities. The program is culturally diverse with students from around the world making up a good portion of the program allowing for fresh, new, international perspectives on everything learned over the past 2-years. Also, the program is diverse in terms of educational background. A typical cross-section of our MBA program involves students from MD, JD, PharmD, engineering, business, finance, supply chains, accounting, etc. This was of great value and helps gain knowledge from a very diverse background in terms of culture, education, and professions.
    
    -It is a good value because it is so affordable. While there are some truly outstanding faculty, I feel that not all the courses are worthwhile. In addition, many seem to merely provide you with "busy work".
    
    -I believe my MBA is valuable in the sense that I received the paper. However, I feel that I was very disappointed in the program and the lack of others' job experience. I joined a program with mainly those with no real work experience, mainly because I received a full scholarship. However, seeing that I didn't have a finance background at all, I was hoping to be more well versed for a career in finance, whereas I feel that I instead come from a school with very little outside recruitment, which has caused a major ceiling for me. However, the only program I think which met and exceeded my expectations was a SUNY partnered program in NYC, LEVIN which was helpful for those wanting to do International Finance and Investment Banking.
    
    -I believe the UB MBA Program is a rigorous program that prepares you well for the working world. They have wonderful faculty that go out of their way to be helpful but still challenge you.
    
    -Faculty and staff in the MBA program and very knowledgeable and approachable. The focus on the application of business theory to real world business situations and heavy use of case studies and simulations assures that knowledge gained through the program will remain useful after graduation. The relatively low cost of the program also minimizes the payback period to recoup the educational investment. The Career Resource Center (CRC) does an excellent job of working with students to help them prepare for and find post-graduate jobs. Overall, an excellent investment.
    
    -Although I felt that at times the some of the academic classes could have been better and more challenging, UB offered a mix of cultural diversity and the opportunity to build a strong network with alumni in the local area that is vital to the job search. The employees and staff care about the success of each and every MBA student they have.
    
    -I am part of the school's 3:2 program meaning I did three years of undergrad and continued for two years in the MBA program. This program is strongly focused on teamwork but is moving to also be Leadership focused with the introduction of "Leader Core". I think this will make UB a strong competitor in the future.
    
    -The Dual Masters programs offered by UB give the MBA students a much more broad exposure to real-world experiences and industries, as well as providing more complete methods for specialization, such as the MBA/MA Geography international trade program in which I was enrolled, or the JD/MBA business law program, or MSW/MBA Non-profit management program.
    
    -My experience in the MBA program at the University at Buffalo has been unbelievable. UB is a growing university set in the tight knit community of Buffalo and it truly shows. All faculty seem to have a passion for teaching and it reflects in their work. Students are encouraged to work as teams and all are available to help or share their particular experiences. Although I clearly have not attended any other MBA programs, I would give UB an A++ rating and I am honored to be graduating this May.