Purdue University

PROGRAM BASICS

Full-Time MBA

Krannert School of Management

403 W. State Street
West Lafayette , Indiana 47907-2056

Program Web site:

http://www.krannert.purdue.edu/programs/masters/home.asp

Status:

Public Institution

Program e-mail address:

krannertmasters@purdue.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1957
Part-time MBA : 1995
Undergraduate business program: 1958
Executive MBA: 1983
Executive Education (non-degree): 1983
PhD program: 1958

PROGRAM COSTS

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

Resident : $  37,700
Nonresident : $  69,880
Recommended annual budget (Resident): $  29,920
Recommended annual budget (Nonresident): $  46,170

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 742
Full-time MBA: 293
Part-time MBA: 122
Executive MBA: 115

PhD program: 95
MS: 117

Undergraduate business school enrollment

2,750

Graduate degree programs:

Master of Finance

master of Human resources

Other graduate degree programs:

MS in Idustrial Administration

ADMISSIONS

Application Deadlines

November 1, 2008 January 10, 2009 February 1, 2009 May 1, 2009

Does the program have rolling admissions?

No

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 Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

575

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Important

Recommendations:

Considered

Undergraduate Transcripts:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

1111

Applicants who were accepted to the most recent class:

30 %

Admitted applicants who enrolled in the newest class:

46 %

Applicants who were re-applicants from prior years:

2 %

Percentage of this year's reapplicants accepted:

19 %

Applicants wait-listed during the last admissions cycle:

93

Wait-listed applicants admitted for the semester to which they applied:

13

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

8 %

Admitted applicants who were interviewed:

24 %

APPLICANT POOL

International applications received:

79 %

Applications from women received:

25 %

Mean base salary forgone:

$  47,396

Median base salary forgone:

$  48,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 27  %
International: 45  %

Ethnicity/US Students in Program

African American: 6  %
Asian American: 13  %
Hispanic or Latino American: 0  %
Multiethnic/Multiracial : 0  %
Native American: 0  %
White (Non-Hispanic): 33  %
Chose not to report: 2  %
Other: 1  %

Students from following regions:

Africa : 0  %
Asia: 38  %
Eastern Europe and Central Asia: 0  %
Latin America and the Caribbean: 3  %
Middle East: 2  %
North America: 56  %
Western Europe: 1  %

Entering North American citizens by region:

Northeast: 7  %
Mid-Atlantic: 8  %
South: 5  %
Southwest: 7  %
Midwest : 59  %
West: 11  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

48

Median months of work experience of newest entering class:

39

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

From:  0
To:  102

Median age of entering class:

26

Mean age of entering class:

27

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Central financial aid office at the university

Full-time MBAs applied for financial aid for the current academic year:

61 %

Mean MBA financial aid package for the current academic year:

$  15,963

Median MBA financial aid package for the current academic year:

$  9,780

On what basis are scholarships awarded?

academic merit

Full-tuition scholarships school will award during the upcoming academic year:

0

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  6,610

Percentage of second-year students receiving the same or more amount of money in their second year of study:

66 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Only to domestic students

If so, what is the maximum amount a student can borrow per year?

$  20,500

GMAT

Applicants required to take the GMAT?

Yes

Mean : 662
Median: 670

Middle 80% range GMAT scores:

From:  570
To:  740

CLASS OFFERINGS

Average students in a full-time MBA core class:

50

Average students in a full-time MBA elective class:

30

Elective courses available to full-time MBA students:

75

Electives that have been added to the full-time program since June 30, 2008:

High Performance Teams
International Law

Year of last major change or significant overhaul to the core curriculum:

2004

Concentrations and specializations offered to full-time MBA students:

Accounting

Consulting

E-commerce

Entrepreneurship

Finance

General Management

Human Resource Management

International Business

Management Information Systems

Manufacturing and Technology Management

Marketing

Operations Management

Organizational Behavior

Strategy

Supply Chain Management

Joint-degree programs offered to full-time MBAs:

Other

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

121

Full-time faculty

Tenured: 59
Non-Tenured: 41

Adjunct/Visiting Faculty

Tenured: 0
Non-Tenured: 21

Women on Faculty

Tenured: 6
Non-Tenured: 21

Minority Faculty

Tenured: 0
Non-Tenured: 2

International Faculty

Faculty with PhDs

Tenured: 59
Non-Tenured: 3

STUDENT LIFE

Professional clubs available to full-time MBA students:

Consulting

Corporate Social Responsibility/NetImpact

E-business

Entrepreneurship

Finance

Human Resources

Investment Banking

Manufacturing

Marketing

VC/ Private Equity

Networking clubs available to full-time MBA students:

Black MBA Association

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used

Case study: 50  %
Experiential Learning: 10  %
Lecture: 25  %
Simulations: 5  %
Team Project: 10  %

Requirements for graduation:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

The school maintains a 3 year replacement cycle on most information technology. Additionally, in the last three years we have deployed a school wide information kiosk system; SharePoint web tools for group and team collaboration; Adobe Connect for conferencing; Sungard Banner for student information, bursar and registrar functions; significant increase in the breadth and depth of and access to library information databases; and a major classroom renovation and upgrade in 7 of our case style rooms.

Amount spent:

$  2,125,000

ALUMNI

Living MBA alumni:

7,798

Active MBA alumni clubs

0

Countries in which MBA clubs exist

0

Living MBA alumni who gave in past year:

10 %

Mean gift from MBA alumni:

$  637

Median gift from MBA alumni

$  75

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  78,859,445

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.purdue.edu/apps/account/BoilersphereLogin

Does the B-School have an alumni networking site:

No

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 73  %
Graduates not seeking employment: 26  %
Graduates for whom you have no information regarding employment: 1  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 53  %
Percentage who were continuing their education (after graduation): 14  %
Percentage who were postponing their job search: 6  %
Percentage who were starting their own business(es) : 5  %
Percentage who were not seeking employment for other reasons: 22  %

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

Destination: NBMBAA, Orlando
Month: September
Amount Paid By School: Partial
Destination: Global MBA Employment Conference, Orlando
Month: November
Amount Paid By School: Partial
Destination: Major Corporation, Michigan
Month: March
Amount Paid By School: Full
Destination: NSHMBA
Month: October
Amount Paid By School: Partial

Primary Source of Job Offer

School-facilitated activities: 67  %
Graduate-facilitated activities: 33  %
No information provided by graduate: 0  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 83  %
Received first job offer in three months following graduation: 8  %
Did not report having received a job offer: 9  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

81 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  83,614
Median base salary for most recent graduates: $  85,000
Mean signing bonus for most recent graduates: $  15,917
Median signing bonus for most recent graduates: $  15,000
Mean other guaranteed compensation for most recent graduates: $  9,506
Median other guaranteed compensation for most recent graduates: $  8,380

Graduating students who accepted jobs in the following functional areas:

Consulting: 7  %
Finance/Accounting: 27  %
General Management: 11  %
Human Resources: 3  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 15  %
Management Information Systems (MIS): 7  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 27  %
Other: 3  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0  %
Consulting: 4  %
Consumer Products: 10  %
Financial Services: 15  %
Manufacturing: 31  %
Media/Entertainment: 1  %
Non-Profit: 4  %
Petroleum/Energy: 5  %
Pharmaceutical/Biotechnology/Health care Products: 7  %
Real Estate: 1  %
Technology: 17  %
Other: 5  %

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

Africa: 0  %
Asia: 12  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 1  %
Middle East: 0  %
North America: 86  %
Oceana: 0  %
Western Europe: 1  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 10  %
Mid-Atlantic: 7  %
South: 10  %
Southwest: 10  %
Midwest: 40  %
West: 8  %
Possessions and territories: 0  %
Canada: 1  %

Top Companies - Internships:

Internships awarded that are paid:

96 %

Mean and median intern compensation per week:

Mean :  1,289
Median:  1,270

Average internship length in weeks:

12

SCHOOL COMMENTS

School Comments:

N/A