Northeastern University

PROGRAM BASICS

Northeastern University Full-time MBA

Graduate School of Business Administration

350 Dodge Hall
360 Huntington Avenue
Boston , Massachusetts 02115

Program Web site:

http://www.mba.neu.edu

Status:

Private Institution

Program e-mail address:

k.regan@neu.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1963
Part-time MBA : 1951
Distance-learning MBA: 2006
Undergraduate business program: 1922
Executive MBA: 1977
Executive Education (non-degree): 1960

PROGRAM COSTS

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

Resident : $  72,198
Nonresident : $  72,198
Recommended annual budget (Resident): $  54,799
Recommended annual budget (Nonresident): $  54,799

PROGRAM LENGTH

Full-time program (months):

24

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 1366
Full-time MBA: 154
Part-time MBA: 406
Distance MBA: 495
Executive MBA: 33

MS: 166
MSA: 14

Undergraduate business school enrollment

2,914

Graduate degree programs:

Master of Accounting

Master of Finance

Master of international Management/Business

Other graduate degree programs:

Master of Science in Taxation, Master of Science in International Business

ADMISSIONS

Application Deadlines

November 30 February 1 March 15 April 15

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:

600

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Very Important

Interviews:

Very Important

Recommendations:

Very Important

Undergraduate Transcripts:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

262

Applicants who were accepted to the most recent class:

47 %

Admitted applicants who enrolled in the newest class:

53 %

Applicants who were re-applicants from prior years:

1 %

Percentage of this year's reapplicants accepted:

100 %

Applicants wait-listed during the last admissions cycle:

21

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

2

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

62 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

59 %

Applications from women received:

38 %

Mean base salary forgone:

$  n/a

Median base salary forgone:

$  n/a

CLASS PROFILE

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

Female: 45  %
International: 41  %
Married: n/a  %

Ethnicity/US Students in Program

African American: 3  %
Asian American: 10  %
Hispanic or Latino American: 0  %
Multiethnic/Multiracial : 0  %
Native American: 0  %
White (Non-Hispanic): 77  %
Chose not to report: 10  %
Other: 0  %

Students from following regions:

Africa : 2  %
Asia: 30  %
Eastern Europe and Central Asia: 5  %
Latin America and the Caribbean: 6  %
Middle East: 2  %
North America: 56  %
Oceania : 0  %
Western Europe: 0  %
Percentage of students with dual citizenship: 3  %

Entering North American citizens by region:

Northeast: 74  %
Mid-Atlantic: 3  %
South: 10  %
Southwest: 3  %
Midwest : 3  %
West: 8  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

41

Median months of work experience of newest entering class:

30

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

From:  12
To:  90

Median age of entering class:

26

Mean age of entering class:

26

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:

87 %

Full-time MBAs receiving financial aid through school:

87 %

Mean MBA financial aid package for the current academic year:

$  24,203

Median MBA financial aid package for the current academic year:

$  20,500

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?

As part of the admissions application

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

$  15,349

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

93 %

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

No

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

$  n/a

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  56,108

GMAT

Applicants required to take the GMAT?

Yes

Mean : 609
Median: 600

Middle 80% range GMAT scores:

From:  530
To:  690

CLASS OFFERINGS

Average students in a full-time MBA core class:

40

Average students in a full-time MBA elective class:

25

Elective courses available to full-time MBA students:

55

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

Entrepreneurship: Services & Retail Business Creation
Emotional Intelligence: Your Key to Success
Introduction to Qualitative Interviewing
Understanding Sustainability Solutions
Persuasive Communication with B2B Customers

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

2006

Concentrations and specializations offered to full-time MBA students:

Finance

Marketing

Operations Management

Supply Chain Management

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MSN (Nursing)

Other

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

No

FACULTY

Faculty employed by the B-school:

182

Full-time faculty

Tenured: 63
Non-Tenured: 61

Adjunct/Visiting Faculty

Tenured: 0
Non-Tenured: 58

Women on Faculty

Tenured: 15
Non-Tenured: 22

Minority Faculty

Tenured: 2
Non-Tenured: 1

International Faculty

Tenured: 1
Non-Tenured: 7

Faculty with PhDs

Tenured: 63
Non-Tenured: 72

Faculty who are also members of company boards of directors or advisors:

19 %

Faculty who have owned their own business:

3 %

STUDENT LIFE

Professional clubs available to full-time MBA students:

Finance

Marketing

Other

Networking clubs available to full-time MBA students:

Hispanic Student Organization

International Club

Volunteer

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used

Case study: 38  %
Distance Learning: 0  %
Experiential Learning: 25  %
Lecture: 15  %
Simulations: 2  %
Team Project: 20  %
Other: 0  %

Requirements for graduation:

Students are required to complete international experience

Students must have attended a minimum number of classes

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

Students must complete a company-specific project and present results to relevant parties

TECHNOLOGY

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

Yes

Technology improvements in the last three academic years:

--Expanded wireless to the second CBA building, Hayden Hall. --Initiated use of "Mobile Lab" which allows faculty to have laptop labs in their classrooms rather than the traditional lab. This allows for spontaneous use of technology along with students being able to work in groups. --The replacement of 175 full-time faculty and staff desktop computers with state- of-the-art technology.

Amount spent:

$  250,000

ALUMNI

Living MBA alumni:

14,705

Active MBA alumni clubs

0

Countries in which MBA clubs exist

0

Living MBA alumni who gave in past year:

9 %

Mean gift from MBA alumni:

$  810

Median gift from MBA alumni

$  55

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

No

Business School Endowment

$  26.01M

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.alumniconnections.neu.edu

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: 92  %
Graduates not seeking employment: 8  %
Graduates for whom you have no information regarding employment: 0  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 0  %
Percentage who were continuing their education (after graduation): 33  %
Percentage who were postponing their job search: 33  %
Percentage who were starting their own business(es) : 0  %
Percentage who were not seeking employment for other reasons: 33  %

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

Primary Source of Job Offer

School-facilitated activities: 74  %
Graduate-facilitated activities: 23  %
No information provided by graduate: 3  %

Companies that recruited second-year MBAs on campus in 2007-08:

68

Companies that posted full-time job offers for MBAs on the school's job boards in 2007-08:

125

Job Offers for 2008 graduates:

Received first job offer by graduation: 68  %
Received first job offer in three months following graduation: 20  %
Received first job offer more than 3 months after graduation: 3  %
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:

38 %

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

Mean base salary for most recent graduates: $  72,061
Median base salary for most recent graduates: $  72,000
Mean signing bonus for most recent graduates: $  9,111
Median signing bonus for most recent graduates: $  5,000
Mean other guaranteed compensation for most recent graduates: $  7,571
Median other guaranteed compensation for most recent graduates: $  4,800

Graduating students who accepted jobs in the following functional areas:

Consulting: 0  %
Finance/Accounting: 39  %
General Management: 6  %
Human Resources: 3  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 23  %
Management Information Systems (MIS): 3  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 19  %
Other: 6  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0  %
Consulting: 10  %
Consumer Products: 10  %
Financial Services: 32  %
Manufacturing: 29  %
Media/Entertainment: 0  %
Non-Profit: 3  %
Petroleum/Energy: 0  %
Pharmaceutical/Biotechnology/Health care Products: 3  %
Real Estate: 0  %
Technology: 13  %
Other: 0  %

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

Africa: 0  %
Asia: 3  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 0  %
Middle East: 0  %
North America: 97  %
Oceana: 0  %
Western Europe: 0  %

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

Northeast: 100  %
Mid-Atlantic: 0  %
South: 0  %
Southwest: 0  %
Midwest: 0  %
West: 0  %
Possessions and territories: 0  %
Canada: 0  %

Companies that recruited MBAs for internships on campus in 2007-08:

45

Companies that posted internships for MBAs on school job boards in 2007-08:

52

Top Companies - Internships:

Internships awarded that are paid:

100 %

Mean and median intern compensation per week:

Mean :  1,059
Median:  1,020

Average internship length in weeks:

26

SCHOOL COMMENTS

School Comments:

N/A