University of Delaware
Lerner College of Business & Economics
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Program Basics
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- University of Delaware Lerner MBA Program
- Alfred Lerner College of Business and Economics
- 103 Alfred Lerner Hall
- DE
- Newark, 19716, Delaware
- United States
- Program Web site: http://www.mba.udel.edu
- Status: Public
- Program e-mail address: mbaprograms@udel.edu
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Graduate business school is accredited by:
- Association to Advance Collegiate Schools of Business (AACSB)
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SCHOOL BASICS
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Graduate business school enrollment:
- Total: 563
- Full-Time MBA: 100
- Part-Time MBA: 234
- Executive MBA: 26
- PhD Program: 45
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Other graduate degree programs:
- Master of Accounting
- Master of Electronic Commerce/Information Systems
- Master of Finance
- Other
- MS Organizational Effectiveness Development & Change; MS Economics; MA Economics; MS Hospitality Information Systems; MA Economics and Entrepreneurship for Educators
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Other graduate degree programs:
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PROGRAM COSTS
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Total direct costs (tuition and required fees) of the entire MBA program:
- Resident: $28,396.00
- Nonresident: $52,396.00
- Recommended annual budget (Resident): $28,452.00
- Recommended annual budget (Nonresident): $40,422.00
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PROGRAM LENGTH
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- Full-time program (months): 21
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ADMISSIONS
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Application Deadlines
- Semester: Fall 2012
- Deadline: Jun 1, 2012
- Semester: Summer 2012
- Deadline: Apr 1, 2012
- Semester: Spring 2012
- Deadline: Dec 1, 2011
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- 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
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Which English language proficiency tests are accepted?
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- IELTS
- TOEFL Internet Based Test
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- Minimum paper-based TOEFL score required for MBAs: 600
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Relative Importance of Application Elements:
- GMAT Score: Very Important
- Resume/Work Experience: Very Important
- Application Essays: Important
- Interviews: Considered
- Recommendations: Considered
- Undergraduate Transcripts: Important
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APPLICANTS
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- Applicant interviews are: By invitation only
- Applicants (admitted and denied) who were interviewed: 24 %
- Admitted applicants who were interviewed: 90 %
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CLASS PROFILE
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Full-time students in newest entering class (2010-2011) that are:
- Female: 41 %
- International: 60 %
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Students from following regions:
- Africa: 2 %
- Asia: 59 %
- Europe: 1 %
- North America: 38 %
- Latin America and the Caribbean: 0 %
- Oceania: 0 %
- Dual citizenship: 0 %
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Percentage of U.S. students in newest entering class that are:
- African American: 15 %
- Asian American: 0 %
- Hispanic or Latino American: 0 %
- Multiethnic/Multiracial: 0 %
- Native American: 0 %
- White (Non-Hispanic): 80 %
- Chose not to report: 0 %
- Other: 5 %
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- Mean age of entering class: 27
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FINANCIAL AID
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- Full-time MBAs apply for financial aid through: Central financial aid office at the university
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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: $12,970.00
- Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 0 %
- Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
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GMAT
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- Are applicants required to take the GMAT? Yes
- Are applicants allowed to submit the GRE? No
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CLASS OFFERINGS
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- Average number of students in a full-time MBA core class: 30
- Average number of students in a full-time MBA elective class: 25
- Elective courses available to full-time MBA students: 41
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Electives that have been added to the full-time program since June 30, 2010:
- Ethical Leadership Development
- Selected Topics in Mgmt: The Corporation in Society
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Concentrations and specializations offered to full-time MBA students:
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- Finance
- Management Information Systems
- Entrepreneurship
- Marketing
- Health Care Administration
- International Business
- Museum Leadership & Management
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Joint-degree programs offered to full-time MBAs:
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- MBA/MS (Science)
- MBA/MSIM (Information Management)
- MBA/MA (Arts)
- MBA/ME (Engineering)
- MBA/MSME (Mechanical Engineering)
- MBA/PhD
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- Does the school offer an accelerated full-time MBA program? Yes
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The school believes that its leading areas of study for full-time MBA students are:
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- Finance
- General Management
- Entrepreneurship
- Marketing
- International Business
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FACULTY
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- Faculty employed by the B-school: 120
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Full-time faculty:
- Tenured: 81
- Non-Tenured: 28
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Adjunct/Visiting Faculty:
- Tenured: 0
- Non-Tenured: 11
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Women on Faculty:
- Tenured: 12
- Non-Tenured: 16
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Minority Faculty:
- Tenured: 0
- Non-Tenured: 2
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International Faculty:
- Tenured: 5
- Non-Tenured: 22
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Faculty with PhDs:
- Tenured: 78
- Non-Tenured: 26
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TEACHING/ACADEMICS
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Teaching methods used:
- Case Study: 30 %
- Distance Learning: 5 %
- Experiential Learning: 5 %
- Lectures: 30 %
- Simulations: 5 %
- Team Projects: 25 %
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Requirements for graduation:
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- Students must have attended a minimum number of classes
- Students must have earned a pre-determined GPA/Letter grade average
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B-SCHOOL ALUMNI
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- Active MBA alumni clubs: 0
- Countries in which MBA clubs exist: 0
- 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://udconnection.com
- Does the B-School have an alumni networking Web site? No
- Does the B-SCHOOL offer career services for alumni? Yes
- Do current MBA students have access to an alumni database? Yes
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CAREER SERVICES
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- Graduates seeking full-time professional MBA employment: 70 %
- Graduates not seeking employment: 10 %
- Graduates for whom you have no information regarding employment: 20 %
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Annual job-searching trips that the school coordinates or participates in:
- Destination: Wall Street
- Month: September, March
- Amount Paid By School: Partial
- Destination: Comcast Sports Complex, Philadelphia
- Month: March
- Amount Paid By School: Partial
- Destination: New York City: Deutsche Bank, Loreal
- Month: March
- Amount Paid By School: Partial
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Primary source of job offer:
- School-facilitated activities: 50 %
- No information provided by graduate: 50 %
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Job Offers for 2011 graduates
- Received first job offer by graduation: 30 %
- Received first job offer in three months following graduation: 0 %
- Received first job offer more than 3 months after graduation: 0 %
- Did not report having received a job offer: 20 %
- Accepted first job offer by graduation: 30 %
- Accepted first job offer in three months following graduation: 0 %
- Accepted first job offer more than 3 months after graduation: 0 %
- Did not report having accepted a job offer: 20 %
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Top recruiting organizations most recent academic year:
- JP Morgan 18
- Ernst & Young 6
- ING Direct 6
- PwC 4
- KPMG 4
- Stanley Black & Decker 4
- Bank of America 3
- Citi 2
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Base salary, signing bonuses and other compensation for most recent employed graduates:
- Mean base salary: $55,000.00
- Mean other guaranteed compensation: $45,000.00
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Graduating students who accepted jobs in the following functional areas:
- Consulting: 9 %
- Finance/Accounting: 25 %
- General Management: 10 %
- Human Resources: 3 %
- Marketing/Sales: 33 %
- Management Information Systems: 12 %
- Operations/Logistics: 8 %
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- Internships awarded that are paid: 75 %
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Weekly internship compensation:
- Mean: $15.00
- Median: $20.00
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