Go To Businessweek.com
Full-Time MBA Profile Publish Date 05/27/12

Northern Illinois University

College of Business

  • Program Basics

      • Fast-Trak MBA
      • College of Business Graduate Studies in Business
      • College of Business
      • Barsema Hall
      • DeKalb, 60115, Illinois
      • United States
      • Program Web site: http://www.cob.niu.edu/mbaFastTrak/
      • Status: Public
      • Program e-mail address: mbafasttrak@niu.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)
        • Other
  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 886
      • Full-Time MBA: 27
      • Part-Time MBA: 506
      • Executive MBA: 67
      • Other graduate degree programs:
        • Other
      • Master of Accounting Science; Master of Taxation; Master of Science in Management of Information Systems
  • PROGRAM COSTS

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

      • Resident: $36,850.00
      • Nonresident: $51,350.00
      • Recommended annual budget (Resident): $63,500.00
      • Recommended annual budget (Nonresident): $78,000.00
  • PROGRAM LENGTH

      • Full-time program (months): 12
  • ADMISSIONS

    • Application Deadlines

      • Semester: Summer 2012
      • Deadline: Jul 16, 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?

        • TOEFL Internet Based Test
      • Minimum paper-based TOEFL score required for MBAs: 80
    • Relative Importance of Application Elements:

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

      • Applications (admitted and denied) to the newest class: 71
      • Applicants who were accepted to the most recent class: 45 %
      • Admitted applicants who enrolled in the newest class: 80 %
      • Applicants who were re-applicants from prior years: 0 %
      • Applicants wait-listed during the last admissions cycle: 10
      • Wait-listed applicants admitted for the semester to which they applied: 2
      • Applicant interviews are: Recommended
      • Applicants (admitted and denied) who were interviewed: 95 %
      • Admitted applicants who were interviewed: 88 %
  • APPLICANT POOL

      • International applications received: 24 %
      • Applications from women received: 32 %
  • CLASS PROFILE

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

      • Female: 37 %
      • International: 11 %
      • Married: 15 %
    • Students from following regions:

      • Asia: 11 %
      • North America: 89 %
    • Percentage of U.S. students in newest entering class that are:

      • African American: 8 %
      • Asian American: 4 %
      • White (Non-Hispanic): 80 %
      • Other: 8 %
    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Southwest: 4 %
      • Midwest: 96 %
      • Mean months of work experience of newest entering class: 86
      • Median months of work experience of newest entering class: 108
    • Middle 80% range of work experience of newest entering class in months:

      • From: 41
      • To: 144
      • Median age of entering class: 29
      • Mean age of entering class: 25
  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Central financial aid office at the university
      • 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: 65 %
      • On what basis are scholarships awarded?
        • a combination of need and merit
      • How does an applicant apply for scholarship consideration? Unique scholarship application
      • Mean scholarship awarded to full-time MBAs in the previous academic year: $2,500.00
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? Yes
  • GMAT

      • Are applicants required to take the GMAT? Yes
      • Are applicants allowed to submit the GRE? No
    • GMAT score distribution (applicant pool):

      • 25th Percentile 570
      • Average GMAT Score 540
      • 10th Percentile 555
      • 50th Percentile (median) 530
      • 75th Percentile 650
      • 90th Percentile 670
    • GMAT score distribution (incoming class):

      • Average GMAT Score 530
      • 10th Percentile 540
      • 25th Percentile 550
      • 50th Percentile (median) 550
      • 75th Percentile 655
      • 90th Percentile 675
  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 27
      • Average number of students in a full-time MBA elective class: 27
      • Elective courses available to full-time MBA students: 3
    • Electives that have been added to the full-time program since June 30, 2010:

      • International Marketing
      • International Management
      • Consulting Project
    • Joint-degree programs offered to full-time MBAs:

        • MBA/MIM (International Management)
      • Does the school offer an accelerated full-time MBA program? Yes
    • The school believes that its leading areas of study for full-time MBA students are:

        • Finance
        • Marketing
        • International Business
        • Accounting
        • Organizational Behavior
  • FACULTY

      • Faculty employed by the B-school: 119
    • Full-time faculty:

      • Tenured: 41
      • Non-Tenured: 50
    • Adjunct/Visiting Faculty:

      • Tenured: 0
      • Non-Tenured: 28
    • Women on Faculty:

      • Tenured: 16
      • Non-Tenured: 28
    • Minority Faculty:

      • Tenured: 7
      • Non-Tenured: 8
    • International Faculty:

      • Tenured: 0
      • Non-Tenured: 3
    • Faculty with PhDs:

      • Tenured: 40
      • Non-Tenured: 37
  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 35 %
      • Distance Learning: 0 %
      • Experiential Learning: 5 %
      • Lectures: 10 %
      • Simulations: 5 %
      • Team Projects: 45 %
    • Requirements for graduation:

        • Students must complete a company-specific project and present results to relevant parties
        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
  • TECHNOLOGY

      • Technology improvements in the last three academic years: Anywhere Lab Virtualization; mobile classroom printing and netbook technology; NIUipTV; IDevice Apps, SAP access for curriculum, and other software updates; Experiential Learning Video Conference Room and technology upgrades; upgrade classroom podiums; new Ticker monitor.
      • Amount spent: $200,000.00
  • B-SCHOOL ALUMNI

      • Living MBA alumni: 7,615
      • Active MBA alumni clubs: 5
      • Countries in which MBA clubs exist: 3
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $6,278,217.00
      • 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.niu.edu/alumni
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://www.cob.niu.edu/alumni
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? No
  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 70 %
      • Graduates not seeking employment: 30 %
    • Annual job-searching trips that the school coordinates or participates in:

      • Destination: Job Fair
      • Month: March
    • Primary source of job offer:

      • School-facilitated activities: 14 %
    • Job Offers for 2011 graduates

      • Received first job offer by graduation: 15 %
      • Received first job offer in three months following graduation: 7 %
      • Accepted first job offer by graduation: 15 %
      • Accepted first job offer in three months following graduation: 7 %
    • Top recruiting organizations most recent academic year:

      • McGladrey 1
      • NIU 1
    • Graduating students who accepted jobs in the following functional areas:

      • Finance/Accounting: 8 %
      • General Management: 7 %
    • Graduating students who accepted jobs in the following industries:

      • Financial Services: 8 %
      • Non-Profit: 7 %
    • Graduates who accepted full-time jobs in the following regions:

      • North America: 15 %
    • Within the U.S., graduates who accepted full-time jobs in the following regions:

      • Midwest: 100 %