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

Iowa State University

College of Business

  • Program Basics

      • College of Business
      • Dr. Charles B. Handy Graduate Programs Office
      • 1360 Gerdin Business Building
      • Ames, 50011, Iowa
      • United States of America
      • Program Web site: http://www.business.iastate.edu/masters/mba
      • Status: Public
      • Program e-mail address: busgrad@iastate.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 259
      • Full-Time MBA: 65
      • Part-Time MBA: 95
      • PhD Program: 18
      • Other graduate degree programs:
        • Master of Accounting
        • Master of Electronic Commerce/Information Systems

  • PROGRAM COSTS

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

      • Resident: $20,295.00
      • Nonresident: $43,727.00

  • PROGRAM LENGTH

      • Full-time program (months): 21

  • ADMISSIONS

    • Application Deadlines

      • Semester: Fall 2012
      • Deadline: Jun 1, 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
      • Minimum paper-based TOEFL score required for MBAs: 600

    • Relative Importance of Application Elements:

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

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 95
      • Applicants who were accepted to the most recent class: 55 %
      • Admitted applicants who enrolled in the newest class: 54 %
      • Applicant interviews are: By invitation only

  • APPLICANT POOL

      • International applications received: 73 %
      • Applications from women received: 35 %

  • CLASS PROFILE

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

      • Female: 32 %
      • International: 43 %

    • Students from following regions:

      • Asia: 43 %
      • North America: 57 %

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

      • Hispanic or Latino American: 6 %
      • White (Non-Hispanic): 94 %

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

      • Midwest: 100 %
      • Mean months of work experience of newest entering class: 27
      • Median months of work experience of newest entering class: 14

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

      • From: 0
      • To: 53
      • Median age of entering class: 23
      • Mean age of entering class: 25

  • 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? As part of the admissions application
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

  • GMAT

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

    • GMAT score distribution (applicant pool):

      • 25th Percentile 580
      • 75th Percentile 650
      • 50th Percentile (median) 620
      • Average GMAT Score 613
      • 10th Percentile 546
      • 90th Percentile 684

    • GMAT score distribution (incoming class):

      • Average GMAT Score 620
      • 50th Percentile (median) 620
      • 75th Percentile 660
      • 25th Percentile 570
      • 10th Percentile 550
      • 90th Percentile 686

  • CLASS OFFERINGS

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

      • Venture Capital, Private Equity, Mergers & Acquisitions

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

        • Finance
        • Marketing
        • Supply Chain Management
        • Accounting
        • Technology

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

        • MBA/March (Architecture)
        • 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
        • Technology
        • Marketing
        • Supply Chain Management
        • Strategy

  • FACULTY

      • Faculty employed by the B-school: 94

    • Full-time faculty:

      • Tenured: 45
      • Non-Tenured: 41

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 8

    • Women on Faculty:

      • Tenured: 8
      • Non-Tenured: 18

    • Minority Faculty:

      • Tenured: 12
      • Non-Tenured: 13

    • International Faculty:

      • Tenured: 5
      • Non-Tenured: 12

    • Faculty with PhDs:

      • Tenured: 45
      • Non-Tenured: 33

  • TEACHING/ACADEMICS

    • Requirements for graduation:

        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average

  • B-SCHOOL ALUMNI

      • 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://www.isualum.org/
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.business.iastate.edu/alumni
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? Yes

  • SCHOOL COMMENTS

      • School Comments: MBA students take two professional skills development courses during their first year of study. Courses incorporate career-focused seminars, executive speakers, company visits, skills development workshops, service learning projects, and case competitions.

Getting In

B-School Life

Finding a Job

Paying the Bills