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

Michigan Technological University

School of Business & Economics

  • Program Basics

      • Tech MBA
      • School of Business and Economics
      • 1400 Townsend Drive
      • MI
      • Houghton, 49931, Michigan
      • United States
      • Program Web site: http://www.mtu.edu/business/mba/techmba
      • Status: Public
      • Program e-mail address: mba@mtu.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 60
      • Full-Time MBA: 46
      • Other graduate degree programs:
        • Other
      • M.S. Applied Natural Resource Economics

  • PROGRAM COSTS

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

      • Resident: $25,272.00
      • Nonresident: $25,272.00
      • Recommended annual budget (Resident): $44,077.00
      • Recommended annual budget (Nonresident): $44,077.00

  • PROGRAM LENGTH

      • Full-time program (months): 12

  • ADMISSIONS

    • Application Deadlines

      • Semester: Spring 2012
      • Deadline: Nov 1, 2011
      • Semester: Summer 2012
      • Deadline: Mar 1, 2012
      • Semester: Fall 2012
      • Deadline: Jul 1, 2012
      • Semester: Spring 2013
      • Deadline: Nov 1, 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: 587

    • Relative Importance of Application Elements:

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

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 56
      • Applicants who were accepted to the most recent class: 34 %
      • Admitted applicants who enrolled in the newest class: 42 %
      • Applicants who were re-applicants from prior years: 11 %
      • Percentage of this year's reapplicants accepted: 67 %
      • 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
      • Admitted applicants who were interviewed: 100 %

  • APPLICANT POOL

      • International applications received: 57 %
      • Applications from women received: 34 %

  • CLASS PROFILE

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

      • Female: 43 %
      • International: 43 %

    • Students from following regions:

      • Asia: 33 %
      • Europe: 17 %
      • North America: 50 %

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

      • Midwest: 100 %
      • 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? all candidates are considered for scholarship
      • Mean scholarship awarded to full-time MBAs in the previous academic year: $1,000.00
      • 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

  • GMAT

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

    • GMAT score distribution (applicant pool):

      • 75th Percentile 600
      • 50th Percentile (median) 500
      • 90th Percentile 654
      • Average GMAT Score 509
      • 25th Percentile 430
      • 10th Percentile 372

    • GMAT score distribution (incoming class):

      • 25th Percentile 620
      • 50th Percentile (median) 650
      • 10th Percentile 602
      • Average GMAT Score 642.5
      • 75th Percentile 672.5
      • 90th Percentile 677

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 15
      • Average number of students in a full-time MBA elective class: 8
      • Elective courses available to full-time MBA students: 6

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

        • Entrepreneurship
        • Manufacturing and Technology Management
        • Technology
      • 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:

        • Technology
        • Entrepreneurship
        • Management Information Systems
        • Strategy
        • Manufacturing and Technology Management

  • FACULTY

      • Faculty employed by the B-school: 38

    • Full-time faculty:

      • Tenured: 11
      • Non-Tenured: 16

    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 11

    • Women on Faculty:

      • Tenured: 3
      • Non-Tenured: 12

    • Minority Faculty:

      • Tenured: 1
      • Non-Tenured: 0

    • International Faculty:

      • Tenured: 0
      • Non-Tenured: 15

    • Faculty with PhDs:

      • Tenured: 11
      • Non-Tenured: 18

  • STUDENT LIFE

    • Networking clubs available to full-time MBA students:

        • Other

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 30 %
      • Distance Learning: 0 %
      • Experiential Learning: 10 %
      • Lectures: 20 %
      • Simulations: 30 %
      • Team Projects: 10 %

    • Requirements for graduation:

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

  • TECHNOLOGY

      • Technology improvements in the last three academic years: New financial trading lab, new technology-enhanced MBA classroom, new software for distance learning MBA courses, digital informational kiosk
      • Amount spent: $165,540.00

  • B-SCHOOL ALUMNI

      • Active MBA alumni clubs: 0
      • Countries in which MBA clubs exist: 0
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $2,658,150.00
      • 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://huskylink.mtu.edu
      • Does the B-School have an alumni networking Web site? No
      • Does the B-SCHOOL offer career services for alumni? No
      • Do current MBA students have access to an alumni database? Yes

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 80 %
      • Graduates not seeking employment: 15 %
      • Graduates for whom you have no information regarding employment: 5 %

    • Primary source of job offer:

      • No information provided by graduate: 100 %

    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 27 %
      • Received first job offer in three months following graduation: 13 %
      • Received first job offer more than 3 months after graduation: 27 %
      • Did not report having received a job offer: 33 %
      • Accepted first job offer by graduation: 27 %
      • Accepted first job offer in three months following graduation: 13 %
      • Accepted first job offer more than 3 months after graduation: 27 %
      • Did not report having accepted a job offer: 33 %

    • Top recruiting organizations most recent academic year:

      • ArcelorMittal 2
      • Dow Corning 1
      • IBM 1
      • American Transmission 1
      • Ford Motor Company 1
      • Bechtel 1
      • Jackson National Life Insurance 1
      • ThyssenKrupp 1
      • Defense Supply Center 2
      • Zhejiang University 1
      • Texas Technological University 1

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

      • Mean base salary: $61,771.00
      • Median base salary: $64,000.00

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

      • Consulting: 0 %
      • Finance/Accounting: 17 %
      • Management Information Systems: 33 %
      • Operations/Logistics: 33 %
      • Other: 17 %

    • Graduating students who accepted jobs in the following industries:

      • Financial Services: 17 %
      • Manufacturing: 50 %
      • Other: 33 %

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

      • Asia: 8 %
      • North America: 92 %

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

      • Mid-Atlantic: 9 %
      • Southwest: 18 %
      • Midwest: 73 %

  • SCHOOL COMMENTS

      • School Comments: The program provides students with a solid foundation in the fundamental business disciplines. We offer opportunities to improve communication skills, learn to manage technology and innovation, to manage financially sound, but sustainable organizations. The MBA student body is a rich mix of engineering, science, liberal arts, and business students. The Tech MBA bridges the fields of technology and business to meet the needs of a global and innovative society.

Getting In

B-School Life

Finding a Job

Paying the Bills