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

Lancaster University

Management School

  • Program Basics

      • The Lancaster Full-time MBA
      • Lancaster University Management School
      • Lancaster University Management School
      • Lancaster, LA1 4YX
      • United Kingdom of Great Britain
      • Program Web site: http://www.lums.lancs.ac.uk/mba
      • Status: Public
      • Program e-mail address: mba@lancaster.ac.uk
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)
        • Association of MBAs (AMBA)
        • EQUIS

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 2,100
      • Full-Time MBA: 57
      • Executive MBA: 56
      • PhD Program: 233
      • Other graduate degree programs:
        • Master of Accounting
        • Master of Electronic Commerce/Information Systems
        • Master of Finance
        • Other
        • Master of Marketing
        • Master of International Management/Business
      • MSc Accounting & Financial Management; MSc Financial Analysis; MSc Money, Banking & Finance; MSc Quantitative Finance; MA Human Resources & Consulting; MA Human Resource & Knowledge Management; MSc Mangement; MSc Management & Marketing; MSc Management & Law; MSc Management & Innovation;MSc Information Technology and Organisational Change;

  • PROGRAM COSTS

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

      • Resident: $38,500.00
      • Nonresident: $38,500.00
      • Recommended annual budget (Resident): $15,000.00
      • Recommended annual budget (Nonresident): $15,000.00

  • PROGRAM LENGTH

      • Full-time program (months): 12

  • ADMISSIONS

    • Application Deadlines

      • Semester: Fall 2012
      • Deadline: May 31, 2012
      • 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 Internet Based Test
        • TOEFL Paper-based Test
      • Minimum paper-based TOEFL score required for MBAs: 600

    • Relative Importance of Application Elements:

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

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 588
      • Applicants who were accepted to the most recent class: 31 %
      • Admitted applicants who enrolled in the newest class: 30 %
      • Applicants who were re-applicants from prior years: 0 %
      • Percentage of this year's reapplicants accepted: 0 %
      • Applicants wait-listed during the last admissions cycle: 0
      • Wait-listed applicants admitted for the semester to which they applied: 0
      • Applicant interviews are: By invitation only
      • Applicants (admitted and denied) who were interviewed: 100 %
      • Admitted applicants who were interviewed: 100 %

  • APPLICANT POOL

      • International applications received: 98 %
      • Applications from women received: 23 %
      • Mean base salary forgone: $38,066.00
      • Median base salary forgone: $24,557.00

  • CLASS PROFILE

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

      • Female: 25 %
      • International: 98 %

    • Students from following regions:

      • Africa: 7 %
      • Asia: 64 %
      • Europe: 23 %
      • North America: 4 %
      • Latin America and the Caribbean: 1 %
      • Oceania: 1 %

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

      • White (Non-Hispanic): 1 %

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

      • West: 1 %
      • Mean months of work experience of newest entering class: 72
      • Median months of work experience of newest entering class: 72

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

      • From: 36
      • To: 108
      • Median age of entering class: 29
      • Mean age of entering class: 29

  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
      • Full-time MBAs who applied for financial aid for the current academic year: 70 %
      • Full-time MBAs receiving financial aid in the current academic year: 53 %
      • Mean MBA financial aid package for the current academic year: $5,181.00
      • Median MBA financial aid package for the current academic year: $4,000.00
      • On what basis are scholarships awarded?
        • a combination of need and merit
      • How does an applicant apply for scholarship consideration? As part of the admissions application
      • Mean scholarship awarded to full-time MBAs in the previous academic year: $5,296.00
      • 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? No

    • GMAT score distribution (incoming class):

      • 0 (option: 0) 654

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 57
      • Average number of students in a full-time MBA elective class: 15
      • Elective courses available to full-time MBA students: 13

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

      • Crisis and Risk Management

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

        • General Management
        • Strategy
      • 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:

        • Corporate Social Responsibility
        • General Management
        • Consulting
        • Leadership
        • Strategy

  • FACULTY

      • Faculty employed by the B-school: 177

    • Full-time faculty:

      • Tenured: 143
      • Non-Tenured: 16

    • Adjunct/Visiting Faculty:

      • Tenured: 15
      • Non-Tenured: 3

    • Women on Faculty:

      • Tenured: 40
      • Non-Tenured: 6

    • Minority Faculty:

      • Tenured: N/A
      • Non-Tenured: N/A

    • International Faculty:

      • Tenured: 56
      • Non-Tenured: 0

    • Faculty with PhDs:

      • Tenured: 144
      • Non-Tenured: 8

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Consulting

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 20 %
      • Experiential Learning: 23 %
      • Lectures: 22 %
      • Simulations: 10 %
      • Team Projects: 25 %

    • Requirements for graduation:

        • Students are required to complete international experience
        • Students must complete a company-specific project and present results to relevant parties
        • Students must have earned a pre-determined GPA/Letter grade average

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Lecture Theatres have undergone a major upgrade including high resolution projection systems, voice enhancement audio,induction loops, modern teaching lecterns equipped with Smart Touchscreens interactive tablet style control of presentation material, DVD and Blu-ray players and Visualisers.. Video conferencing facilities have also been upgraded to including a new teaching suite and mobile unit. There is an annual rolling programme replacing staff PCs and printers, public space PCs etc.
      • Amount spent: $1,368,256.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 1,377
      • Active MBA alumni clubs: 12
      • Countries in which MBA clubs exist: 10
      • Living MBA alumni who gave in past year: 2 %
      • Mean gift from MBA alumni: $32.00
      • Median gift from MBA alumni: $50.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $822,308.00
      • 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: http://www.lancs.ac.uk/alumni/
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.lums.lancs.ac.uk/alumni/
      • 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: 69 %
      • Graduates not seeking employment: 17 %
      • Graduates for whom you have no information regarding employment: 14 %

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

      • Destination: London
      • Month: June
      • Amount Paid By School: Full
      • Destination: Scottish MBA fair
      • Month: February
      • Amount Paid By School: Full

    • Primary source of job offer:

      • School-facilitated activities: 15 %
      • Graduate-facilitated activities: 5 %
      • No information provided by graduate: 80 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 60 %
      • Received first job offer in three months following graduation: 30 %
      • Received first job offer more than 3 months after graduation: 4 %
      • Did not report having received a job offer: 6 %
      • Accepted first job offer by graduation: 55 %
      • Accepted first job offer in three months following graduation: 35 %
      • Accepted first job offer more than 3 months after graduation: 4 %
      • Did not report having accepted a job offer: 6 %

    • Top recruiting organizations most recent academic year:

      • Cummins Power 3
      • Tata Consultancy Services 3
      • Accenture 2
      • Reckitt Benckiser 1
      • Pimco 1
      • Infosys 1
      • Cisco Systems 1
      • Ernst & Young 1
      • Biofilm 1
      • KPMG 1
      • Centrica 1
      • PWC 1
      • Bank of New York Mellon 1
      • The Mileage Company 1
      • Truth Consulting 1

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

      • Mean base salary: $76,000.00
      • Median base salary: $60,000.00

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

      • Consulting: 33 %
      • Finance/Accounting: 0 %
      • General Management: 22 %
      • Human Resources: 2 %
      • Marketing/Sales: 11 %
      • Management Information Systems: 11 %
      • Operations/Logistics: 15 %
      • Other: 7 %

    • Graduating students who accepted jobs in the following industries:

      • Government: 0 %
      • Consulting: 31 %
      • Consumer Products: 0 %
      • Financial Services: 14 %
      • Manufacturing: 11 %
      • Media/Entertainment: 0 %
      • Non-Profit: 2 %
      • Petroleum/Energy: 11 %
      • Pharmaceutical/Biotechnology/Health Care: 4 %
      • Real Estate: 0 %
      • Technology: 18 %
      • Other: 9 %

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

      • Africa: 4 %
      • Asia: 35 %
      • Europe: 55 %
      • North America: 0 %
      • Oceania: 0 %
      • Latin America and the Caribbean: 6 %

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

      • ESAB 2
      • Manchester Airport 1
      • Cummins Power 1
      • Centrica 1
      • Global Data Excellence 1
      • Afren PLC 1
      • Edge Capital Co 1
      • Vatika Group 1
      • Nokia 1
      • Smurfitt Kappa 1
      • Tata Consultancy Services 2
      • Internships awarded that are paid: 50 %
      • Average internship length in weeks: 10

  • SCHOOL COMMENTS

      • School Comments: The Lancaster MBA employs ‘learning through action’ to shape ‘senior strategic leaders.’ Learning in Action is the Process whereby you engage in real organisation-based projects; reflective practice & interact with senior strategic leaders. Senior Strategic Leadership is the purpose with emphasis on advanced knowledge in key areas and capacity building experiences ensuring Lancaster MBA graduates have the resilience and sense of purpose required of senior strategic leaders.

Getting In

B-School Life

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